IPO Monitor Analyst Recruited for World Financial Group


NEW YORK, Feb. 12, 2002 (PRIMEZONE) -- World Financial Group, a highly respected investment-research firm, is proud to announce the hiring of Jeffrey R. Hirschkorn, one of the nation's leading professionals in the IPO market and analytical consultant to IPO Monitor, an award winning ASP focused on the new issue marketplace, to the position of Senior Market Analyst.

Hirschkorn will be responsible for all business development initiatives, including the rapid build-out of World Financial's in-house analytical operation.

"World Financial Group is extremely delighted to attract the professional services of Mr. Hirschkorn," said Richard Bell, the firm's president and chief compliance officer. "We look forward to incorporating his expertise as the firm continues to become the ultimate source of research and professional guidance for the active individual investor."

Prior to joining the company, Hirschkorn completed tenure at Corporate Communications Corp., a publishing firm specializing in unbiased investment research. Before that, Hirschkorn gained notice while heading up the new issue operations of IPO Monitor, IPO.com and IPOSyndicate.com. Over the past few years, Hirschkorn has become a go-to source by media outlets that include Bloomberg, CNBC, CNN, CNNfn and Fox News for commentary on the IPO field.

While heading up those initial public offering entities, Hirschkorn's work was praised by many involved on Wall Street. One such instance was the accolades received from the "Best of the Web" series from Forbes Magazine for having the most insightful and invigorating sites on new issues.

Hirschkorn began his quest as a journalist with The IPO Reporter, a Thomson Financial newsletter that chronicles the inner circle of the new issue market after a five-year tenure as researcher with Barron's, a Dow Jones flagship publication. In addition, Hirschkorn also serves as an analytical consultant for IPO Monitor, the nation's leading site on initial public offerings.

About World Financial Group:

World Financial Group, Inc. is a broker/dealer and member of the National Association of Securities Dealers. The firm was established to engage in the business of investment banking and retail brokerage. In response to the growing demand from public companies for flexible equity and debt financing for growth of capital, World Financial has focused on private placement equity investments in small- and mid-cap public companies. World Financial specializes in structuring investment financing according to the demands of the corporation.



            

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