Rodman & Renshaw Capital Group, Inc. (Nasdaq: RODM) (the “Company” or “Rodman”) has acquired certain assets of The Investor Relations Group, Inc. (“IRG”) a 16 year old, award-winning investor and public relations firm. The former IRG employees will join the Company and will continue to provide a full suite of traditional and multi-media services. Initial added benefits to both current and future clients will be priority presentation slots at future conferences and complimentary access to the recently announced multiple features of the DirectMarkets platform, the first-ever 24/7 automated electronic transaction platform to link issuers with investors for primary offerings of securities by existing publicly-traded companies.
Edward Rubin, Rodman & Renshaw's CEO said, “Having worked with Dian and the IRG team at various times throughout its long history, we have experienced first-hand their professionalism, expertise and enthusiasm. We are proud to welcome both the IRG employees and clients. We believe this acquisition will be complimentary to our ultimate vision for the future of DirectMarkets.”
Expressing enthusiasm and commitment to this acquisition, Dian Griesel, Ph.D., founder of IRG, said, “IRG has adapted to every change in the marketplace with an unending desire to offer the best of classic and new technology-based media services. With the DirectMarkets platform, Rodman is once again bridging the gaps between investors and issuers in smart ways for all parties. Team IRG is excited to be part of this game-changing advance in our industry.”
The new IRG offices will be located in Rodman’s midtown headquarters, while retaining the IRG name and phone number: 212.825.3210.The official launch of DirectMarkets will take place at the TradeTech 2012 Conference in New York City that begins on March 6, 2012. Details regarding the DirectMarkets platform can be found in the news release issued by the Company on February 2, 2012. For more information about Rodman & Renshaw Capital Group, Inc. visit: www.rodm.com About Rodman & Renshaw Capital Group, Inc. Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM) is a holding company with a number of direct and indirect subsidiaries, including Rodman & Renshaw, LLC.