Detwiler, Mitchell & Co. Announces Stock Repurchase Program BOSTON, May 26 /PRNewswire-FirstCall/ -- Detwiler, Mitchell & Co. (OTC:DMCD) announced that its Board of Directors authorized a stock repurchase program to repurchase up to 300,000 shares of the Company's common stock in open market transactions and in negotiated purchases with stockholders. The repurchase program is effective immediately and will continue indefinitely until completed or terminated. Detwiler, Mitchell & Co. (the "Company") is the holding company for its two principal operating subsidiaries: Detwiler, Mitchell, Fenton & Graves, Inc. ("DMFG") a channel research, institutional sales and private client group broker/dealer headquartered in Boston, MA and James Mitchell & Co., a financial services company headquartered in San Diego, CA. For more information on the Company, please go to http://www.pinksheets.com/ under the symbol DMCD or to our company website at http://www.dmcos.com/. Cautionary Statement Regarding Forward-Looking Statements: Certain statements in this news release may contain forward-looking statements within the meaning of the Federal securities laws. Such statements should be considered in light of the risks and uncertainties associated with Detwiler, Mitchell & Co. and its operating subsidiaries, including those economic and market risks contained in the Company's Annual and Quarterly Reports and other risks prevailing from time to time; all of which are subject to material changes and may cause actual results to vary materially from what had been anticipated. DATASOURCE: Detwiler, Mitchell & Co. CONTACT: James Mitchell, Chairman and CEO, +1-617-747-0180, or Stephen Martino, CFO, +1-617-747-0154, both of Detwiler, Mitchell & Co. Web site: http://www.dmcos.com/

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