updated 12/22/2010 1:46:25 PM ET 2010-12-22T18:46:25

JERSEY CITY, N.J., Dec. 22, 2010 (GLOBE NEWSWIRE) -- Hudson Securities, Inc. (OTCBB:HDHL) today announced that it will be opening a Boston office on January 3, 2011, extending its reach in institutional sales and trading.

The Boston office will be launched with the hiring of Edward A. Salmon, Sean P. Silvia and Donald G. Scammell III, industry veterans each with over 25 years of experience and extensive relationships in the Boston community. Ed Salmon and Sean Silvia join Hudson from Jefferies & Co., where they served as Senior Vice Presidents in Equity Sales & Trading. Don Scammell was previously a Managing Director at Raymond James Financial, where his responsibilities included developing institutional relationships in the Boston region. Blaine R. Carroll, Senior Communications Equipment Research Analyst, will also be based out of the Boston office.

Mr. Carroll, who was recognized in TheWall Street Journal's "Best on the Street" survey in 2008 and 2010 for his stock picks in the telecommunications equipment sector, covers a broad range of small- to large-cap wireless equipment companies. Hudson continues to add vertical sector expertise to its established equity research team, which currently includes coverage of the U.S. aviation industry, industrials, and gaming, lodging and leisure sectors.

"Hudson continues to expand its footprint as we create a sustainable, growth oriented firm with the scale to compete effectively in the markets we serve. We are delighted that we were able to attract such seasoned, industry veterans to our team. The new office will enable Hudson to deliver a higher level of service to our institutional clients in the Boston area," stated Anthony M. Sanfilippo, Chief Executive Officer of Hudson Securities.

About Hudson Securities

Hudson Securities, Inc., a subsidiary of Hudson Holding Corporation (OTCBB:HDHL), provides a full range of corporate finance, advisory, and capital markets services and institutional equity research focused on the micro-, small- and mid-cap marketplace. Hudson Securities is dedicated to meeting the liquidity needs of its clients by providing execution solutions and making markets in over 15,000 U.S. and foreign securities. As a registered broker-dealer under the Securities Exchange Act of 1934, Hudson Securities is a member of the Financial Industry Regulatory Authority ("FINRA").

CONTACT:  Hudson Securities, Inc.
          Anthony (Tony) M. Sanfilippo, CEO

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