Coleman Research Group Acquires Endowment Capital Group's Clio Research Management Software

NEW YORK, NY--(Marketwire - April 2, 2008) - Coleman Research Group, Inc. (CRG), a global provider of highly targeted primary research to top institutional money managers, hedge funds and private equity firms based in New York City, today announced the acquisition of Philadelphia-based Endowment Capital Group's research management software (RMS), Clio. CRG will immediately begin the integration of Clio with its own proprietary application, Knowledge Broker™, a web-based research management system, and rebrand the integrated software offering as Knowledge Broker™ Research Management Software (RMS). Terms of the transaction were not disclosed.

Knowledge Broker™ RMS will be designed to help professionals in the investment community manage all aspects of their research and investment projects. Knowledge Broker™ RMS will also provide portfolio managers with the ability to locate and manage their database of industry contacts, create projects, facilitate compliance procedures, perform keyword searches, record and review a history of all research projects and produce real-time project reports. In doing so, Knowledge Broker™ RMS will facilitate research management and expert matching through CRG's Executive Forum.

"We are extremely excited about adding Research Management to Knowledge Broker. This will give our clients the ability to initiate, track and measure the success they have had with members of our Executive Forum," said Kevin C. Coleman, CEO and President. "One of the greatest assets of Clio is that it was developed over a number of years by a hedge fund. We know this knowledge base will be transferable to other buy-side institutions that are looking to do deep fundamental research by speaking with industry experts."

"While a number of technology companies were interested in further developing and rolling out Clio to their hedge fund and institutional money manager clients, we felt Coleman Research Group was the best long-term fit. CRG's strong technical expertise and growing, high quality client base made it the most logical partner to take Clio to the next level," said Endowment Capital Group, LLC, CEO Christopher Long.

About Coleman Research Group, Inc.

Coleman Research Group, Inc. (www.colemanrg.com) helps institutional investors manage their research needs through proprietary technology, rigorous compliance practices and access to tens of thousands of industry experts in North America, Europe and China.

Contact Information: Media Contacts: Shannon Brown 212-223-0185 Rosalia Scampoli 212-537-5177