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Canaccord Genuity Expands Investment Banking Group With Addition Of Technology M&A Banker

NEW YORK, Jan. 7, 2014 /PRNewswire/ - Canaccord Genuity Inc. is pleased to announce that David Istock has joined Canaccord Genuity's Investment Banking team as a Managing Director, specializing in mergers and acquisitions in the technology sector.

"The continued expansion of our technology practice is a direct reflection of the significant opportunity and strong momentum we are experiencing across this area," stated Dan Daviau, President of Canaccord Genuity Inc. (US).  "With over fifteen years of expertise and experience in M&A, David will have an important role in growing Canaccord Genuity's capabilities in the technology sector and will work closely with the Firm's global technology partners in Canada and the UK."

"David is an excellent fit for our platform," added Jeff Barlow, Head of US Investment Banking. "His extensive history of working with growth and technology companies is a solid complement to our existing investment banking team."

Mr. Istock will be based in San Francisco and will work on a broad range of assignments, including public offerings, private placements, and with a specific focus on mergers and acquisitions advisory work.

Mr. Istock joins Canaccord Genuity from Cowen and Company where he served as Managing Director and Head of Technology M&A.  Prior to Cowen and Company, Mr. Istock worked at UBS Investment Bank as Executive Director of Technology M&A.  Mr. Istock graduated from The Wharton School, University of Pennsylvania.

ABOUT CANACCORD GENUITY: Canaccord Genuity is the global capital markets division of Canaccord Genuity Group Inc. (TSX: CF, LSE: CF.), offering institutional and corporate clients idea-driven investment banking, merger and acquisition, research, sales and trading services from offices in 11 countries worldwide. Our team of nearly 1,000 capital markets and advisory professionals has industry and transactional expertise in 18 key sectors of the global economy. We are committed to providing valued services to our clients throughout the entire lifecycle of their business and operating as a gold standard independent investment bank - expansive in resources and reach, but targeted in industry expertise, market focus and individual client attention.

More information is available at www.canaccordgenuity.com.

Canaccord Genuity Corp. Member IIROC/Canadian Investor Protection Fund. Canaccord Genuity Inc. is a registered broker dealer regulated by the SEC and FINRA. Member SIPC. Canaccord Genuity Limited is Authorised and Regulated by the Financial Conduct Authority and a Member of the LSE. Offices in other countries are offices of other companies in the Canaccord Genuity group of companies. See www.canaccordgenuitygroup.com/en/companies for more information.

ABOUT CANACCORD GENUITY GROUP INC.: Through its principal subsidiaries, Canaccord Genuity Group Inc. (the "Company") is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. Since its establishment in 1950, the Company has been driven by an unwavering commitment to building lasting client relationships. We achieve this by generating value for our individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The Company has offices in 11 countries worldwide, including Wealth Management offices located in Canada, Australia, the UK and Europe. Canaccord Genuity, the international capital markets division, operates in Canada, the U.S., the U.K., France, Germany, Ireland, Hong Kong, mainland China, Singapore, Australia and Barbados. To us there are no foreign markets.™

Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSX and the symbol CF. on the London Stock Exchange.

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