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IFMI Postpones 2013 Annual Meeting

Stocks in this article: IFMI

PHILADELPHIA and NEW YORK, July 10, 2013 (GLOBE NEWSWIRE) -- Institutional Financial Markets, Inc. (NYSE MKT:IFMI) ("IFMI"), a financial services firm specializing in credit-related fixed income investments, today announced that its 2013 Annual Meeting of Stockholders (the "Annual Meeting") originally scheduled for Thursday, July 25, 2013, has been postponed until further notice as a result of requiring additional time to revise its proxy materials to respond to comments received from the Securities and Exchange Commission ("SEC") in connection with a routine review of the proxy materials. The Annual Meeting will be rescheduled as soon as reasonably practicable following clearance by the SEC of the revised proxy materials. Stockholders will be notified via press release and electronic or regular mail when a definitive date has been set for the rescheduled Annual Meeting.

As previously disclosed, the Company expects to close its announced transaction with Mead Park Capital Partners LLC and Cohen Bros. Financial, LLC immediately following the Annual Meeting.

About IFMI

IFMI is a financial services company specializing in credit-related fixed income investments. IFMI was founded in 1999 as an investment firm focused on small-cap banking institutions, but has grown to provide an expanding range of asset management, capital markets, and investment banking solutions to institutional investors and corporations. IFMI's primary operating segments are Capital Markets and Asset Management. The Capital Markets segment consists of credit-related fixed income sales, trading, and financing as well as new issue placements in corporate and securitized products and advisory services, operating primarily through IFMI's subsidiaries, C&Co/PrinceRidge Holdings LP and JVB Financial Holdings, LLC in the United States, and Cohen & Company Financial Limited in Europe. The Asset Management segment manages assets through collateralized debt obligations, permanent capital vehicles, and managed accounts. As of March 31, 2013, IFMI managed approximately $6.2 billion in credit-related fixed income assets in a variety of asset classes including U.S. trust preferred securities, European hybrid capital securities, Asian commercial real estate debt, and mortgage- and asset-backed securities. For more information, please visit www.IFMI.com .

Forward-looking Statements

This communication contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward-looking statements." In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "seek" or "continue" or the negatives thereof or variations thereon or similar terminology. All statements other than statements of historical fact included in this communication are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are based on our current expectations and projections about future events. There are important factors that could cause our actual results or achievements to differ materially from the results or achievements expressed or implied in the forward-looking statements including, but not limited to, those discussed under the heading "Risk Factors" and "Management's Discussion and Analysis of Financial Condition" in our filings with the SEC, which are available at the SEC's website at www.sec.gov and our website at www.IFMI.com/sec-filings. Such factors include the timing of the SEC's review of the proxy statement with respect to our Annual Meeting of shareholders, approval by the Company's stockholders of the previously referenced transaction, and the closing of such transaction. As a result, there can be no assurance that the forward-looking statements included in this communication will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this communication might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: Investors:
         Institutional Financial Markets, Inc.
         Joseph W. Pooler, Jr., 215-701-8952
         Executive Vice President and
         Chief Financial Officer
         investorrelations@ifmi.com
         
         Media:
         Joele Frank, Wilkinson Brimmer Katcher
         James Golden, 212-355-4449
         jgolden@joelefrank.com

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