FBR Capital Markets to Host Water Investment Conference on Tuesday, March 2, in New York

Presenters to Include Industry Leading Water Technology and Infrastructure Companies, Government Officials and Industry Experts


ARLINGTON, Va., Feb. 24, 2010 (GLOBE NEWSWIRE) -- FBR Capital Markets Corporation (Nasdaq:FBCM) (FBR Capital Markets), a leading investment bank serving the middle market, announced today that it will host the 2010 FBR Capital Markets Water Investment Conference on Tuesday, March 2, at the Waldorf=Astoria in Midtown Manhattan. The conference will feature panel discussions with industry leading domestic and international water technology and infrastructure companies, current and former government officials and a cadre of independent industry experts.

The keynote address for the 2010 FBR Capital Markets Water Investment Conference will be provided by Jeff Kightlinger, General Manager and Chief Executive Officer of the Metropolitan Water District of Southern California. The Metropolitan Water District of Southern California is the largest provider of treated drinking water in the U.S. delivering water to 19 million Southern California residents.

The 2010 FBR Capital Markets Water Investment Conference was initiated by FBR Capital Markets Senior Industrial Analyst Deane M. Dray, CFA. For the past three years, Mr. Dray has served as an advisor to the United Nations Environment Programme Finance Initiative which assists developing countries with gaining better access to drinking water and waste water treatment resources.  He has published extensively on the global water industry and has presented at numerous conferences sponsored by the United Nations, World Bank and the Stockholm International Water Institute.

Additional information about the 2010 FBR Capital Markets Water Investment Conference, including an agenda and a list of presenting companies, can be found at www.fbrcapitalmarkets.com/waterconference2010.

Conference attendance is by invitation only.  Clients should contact their FBR Capital Markets representative for more information.

Members of the press are welcome and encouraged to attend and should contact Troy Gravitt at 703.469.1004 or media@fbr.com to register.

FBR Capital Markets Corporation (Nasdaq:FBCM) provides investment banking, merger and acquisition advisory, institutional brokerage, prime brokerage and research services through its subsidiary FBR Capital Markets & Co.  FBR Capital Markets focuses capital and financial expertise on seven industry sectors: consumer; diversified industrials; energy & natural resources; financial institutions; insurance; real estate; and technology, media & telecom.  Asset management services are provided by FBR Investment Management, Inc., and mutual funds are provided by FBR Fund Advisers, Inc.; both companies are subsidiaries of FBR Capital Markets Corporation.  FBR Capital Markets is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States and in London.  For more information, please visit www.fbrcapitalmarkets.com.

The FBR Capital Markets Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6405



            

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