Mackie Research Expanding Capital Markets

TORONTO, ONTARIO--(Marketwired - Jan. 13, 2014) - Mackie Research Capital Corporation ("MRCC"), a leading independent Canadian investment dealer and wealth management firm, today announced that it has expanded its capital markets franchise with the addition of key personnel in the Technology and Healthcare sectors, augmenting well-established coverage of International Oil and Gas, Mines and Metals, and Diversified Financials.

Kristine Sonnenberg, Managing Director of Sales and Trading, noted, "We are pleased to make these important additions to our team pool of investment professionals, with a broader product offering for investing clients and an expanded level of service for corporate issuers."

Added to MRCC's Research and Investment Banking capabilities are:

Andre Uddin, Ph.D - Managing Director*, Research, Healthcare

Andre has over 20 years of global experience in the investment, biotechnology and pharmaceutical industries, most recently as strategic advisor and consultant to a number of leading TSX and LSE companies. He was also Vice-President of Strategic Development for a NASDAQ-listed biopharmaceutical company. Andre holds a Bachelor of Science in Biochemistry from the University of Toronto, and a Ph.D in Biological Chemistry from McGill. Andre had been consistently ranked by the Brendan Wood International survey as a leading research analyst within the healthcare sector.

Massimo Voci, CFA - Research Analyst, Technology

Massimo has over seven years of experience in the investment industry, holding similar roles at two independent investment dealers as well as a Toronto-based multi-strategy hedge fund. Prior to joining Mackie Research Capital, Massimo spent over three years as Research Analyst - Technology & Special Situations at a Toronto-based independent investment dealer. Massimo received a Bachelor of Commerce from the University of Toronto and has been a CFA Charterholder since 2008.

Raveel Afzaal, CFA - Research Analyst, Technology

Raveel has over five years of experience in the investment industry. He joined the esteemed list of ranked analysts in the 2013 Brendan Wood International survey. Raveel's current research universe is focused on industrial technology and oil & gas services. Raveel was a Research Associate at XPV Capital Corp., a venture capital company, where he was responsible for identifying and analyzing early-stage investment opportunities in the water industry. Raveel received a Bachelor of Math and an Honours BA in Economics (Finance) from the University of Waterloo. Raveel is a CFA Charterholder since 2013.

Lawrence Rhee, CFA - Managing Director*, Investment Banking, Technology

Lawrence has been actively involved in the Canadian technology industry over the past 15 years and has held senior positions in both investment banking and equity research at several firms. His experience with investment valuation and in-depth research analysis related to the technology sector has consistently generated investment ideas that are well received by investors. He received a Top 3 ranking in each of the annual 2006, 2007 and 2009 StarMine surveys in the Canadian Software and IT Services sector. Lawrence holds a Bachelor in Economics (Honours) from University of Western Ontario and an MBA from University of Toronto, and is a CA, CPA and a CFA Charterholder since 2003.

Paul Rajchgod - Managing Director, Investment Banking, Technology & Healthcare

Paul has over 16 years of investment banking experience in Canada, largely with several independent investment dealers and focused on technology and special situations. Paul's extensive capital markets experience includes many lead equity financings and M&A advisory services. Paul holds an MBA from the Schulich School of Business (York University) and a BA (Economics) from York University.

Ezra Chang - Vice President, Investment Banking, Technology

Ezra is a capital markets professional with over eight years of experience in investment banking, largely with various independent investment dealers and with a Canadian bank-owned investment dealer. He has been involved in numerous lead/co-lead financings and M&A transactions in various industries, including mining, technology, and special situations. He holds an MBA from the Richard Ivey School of Business at the University of Western Ontario, a BASc in Mechanical Engineering from the University of Toronto, and a P.Eng. designation in Ontario.

About Mackie Research Capital Corporation:

Mackie Research Capital Corporation is one of Canada's largest independent full-service investment firms, and proudly traces its roots back to 1921. It is privately owned by 55 of its 300 employees, and has 120 investment advisors throughout Canada. As a fully integrated national investment dealer, MRCC offers a full complement of capital markets and wealth management services to private clients, institutions, growth companies and structured product issuers. MRCC is one of the few independent investment dealers to have achieved consistent profitability over the past several years, and has expanded both its retail and its institutional capabilities within the last year.

Over the past several years, MRCC has focused on building a strong capital markets franchise by delivering exceptional results to its clients. MRCC is one of Canada's leading entrepreneurial financial institutions. MRCC's expanded investment banking and research capabilities in the innovation and growth-oriented technology sector will be a winning combination for its clients in achieving their long-term goals.

*Subject to regulatory approval