Canaccord Genuity Significantly Expands its Sustainability & CleanTech Practice

NEW YORK, July 7, 2011 /PRNewswire-FirstCall/ - Canaccord Genuity has added substantial new resources to its longstanding global Sustainability & CleanTech investment banking and equity research franchise. This initiative includes re-branding the practice, adding new senior personnel, expanded publications and increased corporate access to institutional investors.

According to Jamie Brown, President, of Canaccord Genuity (US), "Adding CleanTech to the name of the firm's pioneering Sustainability group is an important distinction for our global effort. It lets investors and corporate clients know that our equity research and investment banking expertise spans the entire continuum of high-growth and novel green technologies and business models that distinguish this rapidly emerging growth sector."

Mr. Brown added that combined, the Sustainability & CleanTech Practice at Canaccord Genuity now includes five senior equity research professionals in the United States and Canada. These professionals are complemented by nine senior bankers in Boston, New York, San Francisco, Toronto, London, Vancouver and Shanghai. "Canaccord Genuity has developed unparalleled domain expertise and transaction experience that encompasses advanced and traditional biofuels and biomaterials, energy efficiency and infrastructure, energy storage, geothermal, green building products, industrial technology, recycling, resource optimization, smart grid, solar, solid state lighting, water, and wind power. Canaccord is committed to bringing to bear the resources necessary to solve the complex financing and strategic challenges our clients face."

Investors, as well as senior management of sustainability and cleantech companies alike will be able to access this domain expertise through the Canaccord Genuity Sustainability & CleanTech Review which is now being published monthly by the investment banking team. This publication joins the Canaccord Genuity Recycling Semimonthly, the Canaccord Genuity Greenbuilding Semimonthly and A Light Read produced by the award winning equity research team. In total, the Global Sustainability & CleanTech Research team covers over 67 companies listed on exchanges in the U.S., Canada and Europe.

In addition to these new resources, Mr. Brown said the Canaccord Genuity Global Growth Conference, held in August of each year, and the Sustainability & CleanTech Conference, held in February of each year offer management teams superb access to the world's most knowledgeable and well-capitalized institutional investors. "With more than 70 companies presenting at each annual event, and investors representing more than $100 billion in capital," Mr. Brown said, "we believe these conferences are the 'go-to' symposiums for the Sustainability & Cleantech sector."

Since 2007, Canaccord Genuity has completed as bookrunner, lead placement agent or managing underwriter 33 equity offerings in Sustainability & CleanTech raising approximately $3.0 billion of capital - this ranks as one of the most active underwriters in this sector. The U.S. investment banking team in Sustainability & CleanTech is being coordinated by Dan Coyne and Jeff Lipton. Dan has been with Canaccord Genuity since March 1998, and has completed transactions with an aggregate value exceeding $10.0 billion. Dan has completed transactions in advanced materials, solid-state lighting, instrumentation, green building products, recycling, solar and energy-efficiency services. As previously announced, Jeff Lipton joined Canaccord Genuity in May 2011. Jeff has over 15 years of investment banking experience and has completed transactions with an aggregate value exceeding $9.0 billion. Jeff joined Canaccord from Jefferies where he founded and built the Jefferies CleanTech practice. Jeff has completed transactions in solar, biofuels, biomaterials, advanced batteries, smart grid, clean transportation, wind and fuel cells.

ABOUT CANACCORD GENUITY:

Canaccord Genuity is the global capital markets division of Canaccord Financial Inc (CF: TSX /CF.: AIM), offering institutional and corporate clients idea-driven investment banking, merger and acquisition, research, sales and trading services from 16 offices worldwide. Our team of over 400 capital markets professionals have industry and transactional expertise in critical sectors of the global economy: Metals and Mining, Energy, Agriculture, Technology, Telecommunications, Financials, Consumer Products, Real Estate, Transportation, Infrastructure, Sustainability, Life Sciences, Support Services and Investment Trusts. We are committed to providing valued services to our clients throughout the entire lifecycle of their business and operating as a gold standard independent investment bank - expansive in resources and reach, but targeted in industry expertise, market focus and individual client attention.

More information is available at www.canaccordgenuity.com.

Canaccord Genuity operates through subsidiaries of Canaccord Financial Inc. Canaccord Genuity Inc. operates in the United States, Vancouver, Toronto, Calgary and Montreal and is a member of FINRA/SIPC. Canaccord Genuity Limited operates in the United Kingdom, and is regulated and authorized by the Financial Services Authority and is a member of the LSE. Canaccord Genuity Corp. operates in Canada and is a Member of CIPF and IIROC. Canaccord Genuity Asia (Beijing) Limited operates in China.

ABOUT CANACCORD FINANCIAL INC.:

Through its principal subsidiaries, Canaccord Financial Inc. is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and global capital markets. Since its establishment in 1950, Canaccord has been driven by an unwavering commitment to building lasting client relationships. We achieve this by generating value for our individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. Canaccord has 46 offices worldwide, including 32 Wealth Management offices located across Canada. Canaccord Genuity, the international capital markets division, operates in Canada, the US, the UK, China and Barbados.

Canaccord Financial Inc. is publicly traded under the symbol CF on the TSX and the symbol CF. on AIM, a market operated by the London Stock Exchange.

SOURCE Canaccord Genuity Inc.