Solium Capital Inc. Finalizes New Brokerage Relationship
Calgary, Alberta, April 17, 2007 – Solium Capital Inc. (“Solium”) (TSX: SUM) is pleased to announce that it has finalized an agreement with Canaccord Capital Corporation (“Canaccord”) whereby Canaccord will provide trade execution services to Solium’s clients. This previously announced strategic relationship enables Solium to provide an additional fully integrated execution and post settlement service for equity transactions through Shareworks™, Solium’s proprietary record keeping application. Canaccord will offer Solium’s Shareworks application to its growing institutional portfolio and offer a best of breed corporate reporting technology and cost effective brokerage solution to plan administrators and equity plan participants alike.
Solium and Canaccord have developed an enhanced automated solution that fully integrates the delivery of services to Solium’s clients and their participants. Solium expects this automated solution will provide robust scalability, reliability and efficiency, which will further enhance Solium’s current service offering to its clients and their participants and offer more choice for brokerage services. This enhanced solution will also support Solium’s continued growth in both domestic and international markets.
About Solium Capital Inc.
Solium Capital Inc. is a leading global provider of web-based stock plan administration technology and services. Solium’s integrated solutions help corporations automate and manage their stock option and stock purchase plans, including comprehensive regulatory and financial reporting. Founded in 1999, Solium Capital has offices in Canada and the United States.
About Canaccord Capital Corporation
Through its principal subsidiaries, Canaccord Capital Inc. (TSX & AIM: CCI) is a leading independent, full service investment dealer in Canada with capital markets operations in the United Kingdom and the United States of America. Canaccord is publicly traded on both the Toronto Stock Exchange and AIM, a market operated by the London Stock Exchange. Canaccord has operations in two of the principal segments of the securities industry: private client services and capital markets. Together, these operations
offer a wide range of complementary investment products, brokerage services and investment banking services to Canaccord’s private, institutional and corporate clients. Canaccord has approximately 1,570 employees worldwide in 30 offices, including 23 Private Client Services offices located across Canada.
Canaccord Adams, the international capital markets division, has operations in Toronto, London, Boston, Vancouver, New York, Calgary, Montreal, San Francisco, Houston and Barbados.