Canaccord Adams Announces New Head of US Corporate Finance; Jamie Brown Appointed to Key Leadership Role

"I am very proud to announce the appointment of Jamie Brown tothis key leadership position in our firm," said Kevin Dunn. "Hisclient relationship and business development focus reflects CanaccordAdams' core values and he will be a dynamic addition to our highquality team already in place."

Mr. Brown has served as a member of Canaccord's investment bankingteam since 1997. In early 2005 he assumed the role of ManagingDirector for Canaccord's corporate finance activities in Vancouver andsuccessfully led the Canadian Public Venture Capital (PVC) operations.He has extensive transactional experience in each of Canaccord Adams'focused sectors and will be an integral part of growing US operations.

Mr. Brown has a strong background in project finance, holds aChartered Business Valuator designation and is a member in goodstanding of The Canadian Institute of Chartered Business Valuators. Heserves on the National Advisory Committee for the TSX Group VentureExchange (Toronto Stock Exchange Group). Mr. Brown is a graduate withdistinction of McGill University (BA).

ABOUT CANACCORD ADAMS

Canaccord Adams is a leading independent financial services firmcommitted to fostering the entrepreneurial economy by bringingcorporate and institutional clients' unique perspective on globalinvestment opportunities. With operations in research, sales andtrading, and investment banking, our 225 professionals seek outemerging opportunities in our key sectors - Mining and Metals, Energy,Technology, Life Sciences, Real Estate and Gaming, Consumer andIndustrial Growth. Located in eight offices internationally, ourexperienced team generates focused, actionable ideas that identifyopportunity and facilitate growth. Canaccord Adams Inc., MemberNASD/SIPC.

ABOUT CANACCORD CAPITAL INC.

Through its principal subsidiaries, Canaccord Capital Inc. (CCI)is a leading independent full service investment dealer in Canada withcapital markets operations in the United Kingdom and the United Statesof America. Canaccord is publicly traded on both the Toronto StockExchange and the Alternative Investment Market (AIM), operated by theLondon Stock Exchange. Canaccord has operations in two of theprincipal segments of the securities industry: private client servicesand capital markets. Together, these operations offer a wide range ofcomplementary investment products, brokerage services and investmentbanking services to Canaccord's private, institutional and corporateclients. Canaccord has approximately 1,450 employees worldwide in 31offices, including 25 Private Client Services offices located acrossCanada. Canaccord Adams, the international capital markets division,has significant operations in Toronto, London, Boston, Vancouver, NewYork, Calgary, Montreal and San Francisco.