updated 8/31/2010 4:45:51 PM ET 2010-08-31T20:45:51

NEW YORK, Aug. 31, 2010 (GLOBE NEWSWIRE) -- McGovernWang, an independent global financial advisory and investment banking firm, today announced the formation of an exclusive partnership with Shenyin Wanguo Securities (H.K.) Limited ("SWS"), one of the largest securities houses in China.

Under the partnership, McGovernWang will support companies with dual-listings on the U.S. and China Stock Exchanges, and will also cooperate with SWS on originating Hong Kong IPOs and cross-border mergers and acquisitions. The partnership with SWS will allow McGovernWang to further its relationships in the U.S. and Hong Kong and further its reputation for delivering unique value-creating ideas to middle-market companies and their shareholders.

"Partnering with SWS has allowed McGovernWang to support dual-listed companies in our two main markets -- the U.S. and Hong Kong -- and also focus on IPO and cross-border M&A deals in this very active space," said Gregory Wang, Managing Partner at McGovernWang. "This is a strategic partnership for us and will greatly expand our scope in the region."

"We look forward to delivering an exceptional level of service to U.S. institutional investors by combining the in-depth expertise of SWS research offerings with the advisory and investment banking skills at McGovernWang," said Daniel Weil, Managing Director and Head of North America Equity Sales & Trading for SWS.

About McGovernWang LLC

McGovernWang LLC is an independent global financial advisory and investment banking firm with a reputation for delivering value-creating ideas on cross border opportunities to middle-market companies and their shareholders. We focus our attention where our relationships, resources and people provide the most value to our clients. McGovernWang LLC offers securities through Ticonderoga Securities LLC, member NYSE, FINRA/SIPC.

www.mcgovernwang.com

About Shenyin Wanguo Securities (H.K.) Limited

Shenyin Wanguo Securities (H.K.) Limited, an investment holding company, engages in securities trading, broking, dealing, and financing primarily in the People's Republic of China. The company also offers direct loans and investment advisory services. In addition, it provides margin financing, futures and options broking, corporate finance, asset management, securities research, financial management and treasury, and share custodian and nominee services, as well as leasing computer equipment. Shenyin Wanguo Securities Co., Ltd., the company's parent company, is one of the oldest and largest securities firm in China.

www.sywg.com.hk

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