Broadpoint Capital, Inc., a broker-dealer subsidiary of Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG), today announced that Brian Hogan has joined the firm’s Investment Banking Division as a Managing Director.

Mr. Hogan joins Broadpoint.Gleacher after a 17-year career with Bank of America Merrill Lynch, where most recently he was the Global Head of the building and construction industry group. Mr. Hogan also held positions at Bank of America Merrill Lynch as a Vice President in its global infrastructure and project finance group, as well as its public finance group. Mr. Hogan earned an MBA from the Columbia Business School and a BA in Government and International Relations from Georgetown University.

Lee Fensterstock, Chief Executive Officer of Broadpoint.Gleacher, said, “We are excited to have Brian join our investment banking department. Key to our longer term success is a strong industrial franchise and Brian is an excellent complement to our team.”

"Brian is a very senior, accomplished banker,” said Eric Gleacher, Chairman of Broadpoint.Gleacher “I look forward to working with him and I am confident he will succeed on our platform.”

About Broadpoint.Gleacher

Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG) is an independent investment bank that provides corporations and institutional investors with strategic, research-based investment opportunities, capital raising, and financial advisory services, including merger and acquisition, restructuring, recapitalization and strategic alternative analysis services. The Company offers a diverse range of products through the Debt Capital Markets, Investment Banking and Broadpoint DESCAP divisions of Broadpoint Capital, Inc., its Investment Banking financial advisory subsidiary, Gleacher Partners LLC, its Equity Capital Markets subsidiary, Broadpoint AmTech and FA Technology Ventures Inc., its venture capital subsidiary. For more information, please visit www.bpsg.com.

Forward Looking Statements

This press release contains "forward-looking statements." These statements are not historical facts but instead represent the Company's belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. The Company's forward-looking statements are subject to various risks and uncertainties, including the conditions of the securities markets, generally, and acceptance of the Company's services within those markets and other risks and factors identified from time to time in the Company's filings with the Securities and Exchange Commission. It is possible that the Company's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in its forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake to update any of its forward-looking statements.

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