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Cantor Fitzgerald US Equity Analysts Take Honors in Three Categories in the Financial Times' First Annual Awards for Research Performance

NEW YORK-(Business Wire)-May 19, 2008 - Cantor Fitzgerald today announced with pride that three members of its US Equity Research team have been recognized for excellence in their respective sectors in the first annual Financial Times/StarMine awards.

George Zavoico, PhD, was honored with the #1 spot in the "Top Earnings Estimators by Industry - US" category for his research in the Biotechnology sector.

Natasha Boyden was among the top three analysts in the "Top Earnings Estimators by Industry - US" group for her coverage of the Marine Transportation sector.

Derek Brown was ranked #1 in the "Top Stock Pickers by Industry - US" category in the Internet Software & Services sector.

"I was pleased to have been nominated, but actually achieving the number one spot for earnings estimates was a particular honor as the Biotech space is covered by many other highly regarded analysts and firms," said Dr. Zavoico.

Ms. Boyden commented, "Receiving this recognition is extremely gratifying, particularly because the Marine Transportation sector that I follow is of such fundamental importance to the global economy."

"While I think most analysts agree that stock picking is a combination of art and science," Mr. Brown said, "the proof is always in the pudding, and I am delighted to be able to offer insight to our clients on Internet companies that are among the most exciting participants in the broader technology sector."

"We are delighted by this recognition of the members of our research team, which underscores the premium we place on research that adds value to our clients through timely insight, combined with Cantor's broad distribution network and global trading platform," said Heidi Olson, Director of Research with Cantor Fitzgerald's Equity Capital Markets group. "Our objective has always been to focus on extremely high quality research that adds significant value to our clients rather than to build a large team of analysts merely for the sake of size. That three of our analysts have received FT/Starmine awards is extremely gratifying and attests to the superb quality of our highly selective US Equity Research team," concluded Ms. Olson. Cantor's US Equity Research coverage currently includes the Life Sciences, Marine Transportation, Internet, Communications Technology & Enterprise Software, and Real Estate sectors.

About the Awards

"The World's Top Analysts," a special insert in The Financial Times on May 16, 2008, provides a complete listing of the global FT/StarMine awards. The FT and research analytics company, StarMine, which pioneered the quantitative measurement of research performance, announced the recipients of awards for top quality equity research at a May 15 dinner at The New York Stock Exchange. Additional information is included at www.ft.com/topanalysts2008.

About Cantor Fitzgerald

The Equity Capital Markets business of Cantor Fitzgerald & Co. is a leading force in sales and trading of domestic and international equities for institutional and corporate clients. The group also offers execution in derivatives, convertibles and structured products, portfolio trading, risk arbitrage, stock loan, and contracts for difference, in addition to proprietary institutional equity research.

Cantor Fitzgerald's equity research adds value to clients through timely insight, combined with the firm's broad distribution network and global trading platform. Cantor's US Equity Research coverage currently includes the Life Sciences, Marine Transportation, Internet, Communications Technology & Enterprise Software, and Real Estate sectors.

Cantor Fitzgerald is a leading global financial services firm. The Cantor Fitzgerald franchise includes institutional equity and debt sales and trading, investment banking, private equity, and asset management, as well as other businesses and ventures. For over 60 years, Cantor Fitzgerald, a proven and resilient leader, has been committed to delivering a unique brand of unparalleled product expertise, innovative technology and customer service to its clients around the world.

For more information, please visit www.cantor.com.

Note to Editors: Cantor Fitzgerald, L.P. is the parent company of Cantor Fitzgerald & Co.

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