DMCD Detwiler Fenton Group Inc (CE)

Detwiler, Mitchell & Co. (Pink Sheets: DMCD) announced the Company has changed the name of its primary broker-dealer subsidiary from Detwiler, Mitchell, Fenton & Graves, Inc. to Detwiler Fenton & Co. (�DFC�) which more accurately reflects the current management and ownership structure of Detwiler, Mitchell & Co., the parent company of Detwiler Fenton. Additionally, the Company reported that it relocated its new corporate headquarters to the 28th floor of 150 Federal Street in Boston, MA, from its former location at 225 Franklin Street. �Our new office space provides a great environment for our staff to interact with our clients and each other,� said Peter Fenton, Chairman and CEO. He continued, �We believe our experienced team, our reputation on the Street and our new accommodations will enable us to pursue expansion opportunities including acquisitions, strategic alliances and the hiring of top talent. Further, in striving to provide the very best independent research available on Wall Street, the Company is also looking forward to expanding its research services.� Brad Kimball, Executive Vice President of DFC, added, �We hope our new location will help to support the Company�s private wealth clients and attract top performing investment advisor representatives and securities brokers. We believe Detwiler Fenton is a very attractive alternative to investment professionals seeking autonomy to meet the financial needs of their clients.� The Company also announced that its Annual Meeting will be held on August 19, 2008 at the UMASS Club, 225 Franklin Street, 33rd Floor, Boston, MA 02110. Detwiler, Mitchell & Co. (the �Company�) is the holding company for its two principal operating subsidiaries: Detwiler Fenton & Co. (�DFC�), 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 www.pinksheets.com under the symbol DMCD or to our Company website at 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 Report 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.