David Harris Joins Broadpoint AmTech as Principal and Research Analyst Covering the US REIT Sector

Broadpoint AmTech, a broker-dealer subsidiary of Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG), today announced that David Harris has joined the firm as a Principal and Research Analyst responsible for covering the US REIT sector.

Mr. Harris has been involved with public property companies for more than 25 years and four property cycles. He has spent the last 15 years in the US serving in both buy-side and sell-side roles. As a senior REIT analyst with Lehman Brothers, Mr. Harris was involved with some of the largest REIT initial public offerings of the last decade and was highly regarded and recognized by investors for his balanced view of the sector. His prescient report, “After Seven Years of Plenty,” which he authored while at Lehman Brothers, cautioned investors about the risks related to excessive debt just two months before the peak of the REIT market in February 2007. David has a BSc. from De Montfort University, UK and became an associate of the Royal Institution of Chartered Surveyors in 1981.

Robert Meier, Chief Executive Officer of Broadpoint AmTech, Broadpoint.Gleacher’s Equity division, said, “We are pleased to have David join our firm and help us develop a presence in an important new vertical. David brings a wealth of experience and insight to our firm and we look forward to expanding our breadth of coverage with our investor clients.”

Eric Gleacher, Chairman and Chief Executive Officer of Broadpoint.Gleacher, said, “Developing our equity platform is a critical element in our overall investment banking growth initiative. We see exceptional opportunities in Real Estate and we are pleased to welcome David to our Research Department. David has an excellent reputation and a significant following in his industry.”

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 Equity Capital Markets subsidiary, Broadpoint AmTech, and FA Technology Ventures Inc., its venture capital subsidiary. For more information, please visit www.bpsg.com.

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