TriPoint Global Equities, LLC Launches Its Life Science and Technology Banking Division


NEW YORK, NY--(Marketwire - November 2, 2010) -  TriPoint Global Equities, LLC, a FINRA member and leading boutique investment bank that provides U.S. and non-U.S. companies with capital raising, corporate and strategic advisory services and assistance in listing on U.S. exchanges, today announces the launch of its LifeScience and Technology Banking Division. The LifeScience and Technology Division, headed by Ms. Sherry Grisewood, CFA, brings new life science industry-specific focus and capability to TriPoint. Ms. Brenda Izzo joins Ms. Grisewood in rounding out the Division's institutional sales effort. Together, Ms. Grisewood and Ms. Izzo represent over 45 years of Wall Street related life science company experience.

In commenting on the launch of the Division, Mr. Mark Elenowitz, Chief Executive Officer of TriPoint, noted the experience the team brings to TriPoint, and the timeliness of the focus on an industry which is likely to be one of those defining the 21st Century. "TriPoint understands importance of life sciences across the world, whether in terms of new therapeutics, agricultural products or biologically sourced clean energy, thus providing a perfect dovetail to TriPoint's capabilities in shepherding non-U.S. companies into the U.S. markets."

Ms. Grisewood and Ms. Izzo draw upon their broad Wall Street experience to bring a strong appreciation of investment cycles and market dynamics to the new Division. Ms. Grisewood, who has over 20 years experience as a life sciences analyst in addition to life science banking experience, holds a Bachelors of Science degree (Life Sciences) with Highest Honors from Ramapo College of NJ, and is a member of the American Society of Gene & Cell Therapy, the Society of Biomaterials, TERMIS (the Tissue Engineering and Regenerative Medicine Intl Society), in addition to membership in CFA Institute and NY Society of Security Analysts. Ms. Izzo, a graduate of New York University with dual Bachelor of Science degrees in Finance and Statistics (Magna cum laude), has developed strong relationships with countless life science company managements and institutional investors over her 20 years as a trader and institutional sales person. Together, they intend to leverage a unique perspective on the industry to facilitate traditional, strategic and cross-border private and public company transactions. In summarizing the Division's philosophy, Ms. Grisewood commented, "This is an especially exciting time to launch a Life Science-focused banking effort. Of all the industries likely to experience growth in this new decade, none is likely to have more impact on our own individual lives than the life sciences. Further, the development of life science technologies transcends national borders and is multi-discipline in character. We see extraordinary opportunity in working with exciting companies in the forefront of technologies addressing major needs in today's world such as improving the efficacy and cost profile of medical treatments, new approaches to therapies for major diseases such as Alzheimer's and of course, the emergence of Agbiotech and clean/renewable bioenergy."

About TriPoint Global Equities, LLC

TriPoint Global Equities, LLC ("TriPoint Global"), a FINRA member firm, is a boutique investment bank that provides U.S. and non-U.S. companies of up to $500 million in revenue with capital raising, corporate finance advisory services and assistance with navigating the regulatory environment for companies listing on U.S. markets. TriPoint Global maintains specialized practices in institutional private placements, mergers and acquisitions, and corporate finance. TriPoint has offices in New York, Washington, D.C. and Atlanta. For more information, please visit http://www.tripointglobalequities.com.

Contact Information:

Contact:
Mark Elenowitz
212 732 7184