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April 24, 2000
First Union Securities Adds Senior Internet Software Analyst to Equity Research Department
SAN FRANCISCO-First Union Securities, Inc. has announced that Jason Maynard has joined the Equity Research team as a Senior Analyst following the Internet Software sector, with a specific concentration on the Internet Customer Relationship Management and Application Server markets.
Maynard joins First Union Securities from The Seidler Companies, a Los Angeles-based boutique investment bank, where he was a Vice President and Senior Research Analyst covering the same sectors. Prior to joining Seidler, Maynard was a Vice President of Business Development at Verix Software. Maynard is a graduate of California State University - Sacramento and received his MBA from the University of Southern California. He will work out of the First Union Securities' San Francisco offices.
"We are extremely pleased to have someone of Jason's caliber and expertise join our technology research effort," noted Anthony Gallo, Managing Director and National Director of Equity Research for First Union Securities. "Jason's background as both an operator and an analyst in the Internet Software space brings the requisite experience to provide value-added research in this dynamic sector," added Todd Wickwire, Managing Director and Director of Institutional Research.
First Union Securities' Equity Research division has some 50 senior analysts covering approximately 500 companies in nine main sectors: Communications & Technology, Real Estate, Healthcare, Industrial, Energy, Consumer, Furnishings & Textiles, Financial Services, and Business Services.
First Union (NYSE:FTU), with $254 billion in assets and stockholders' equity of $17 billion at March 31, 2000, is a leading provider of financial services to 16 million retail and corporate customers throughout the East Coast and the nation. The company operates full-service banking offices in 12 East Coast states and Washington, D.C., and full-service brokerage offices in 41 states. Online banking products and services can be accessed through www.firstunion.com.
Important Notice:
First Union Securities is the trade name under which First Union Corporation conducts its investment banking, merger and acquisition, asset management and mutual fund, brokerage and insurance businesses.
First Union Securities includes: (1) First Union Securities, Inc. ("FUSI"), a registered broker-dealer and member NYSE/NASD and SIPC providing investment banking, merger and acquisition advisory and brokerage services to corporations, individuals and other institutions throughout the United States; (2) First Union Brokerage Services, Inc. ("FUBS"), a separately registered broker-dealer and member NASD and SIPC providing primarily retail brokerage services; (3) First Clearing Corporation ("FCC"), a separately registered broker-dealer and member NYSE/NASD and SIPC, providing securities clearance and settlement services; (4) the Capital Markets and Capital Management Groups within First Union National Bank ("FUNB"), a national banking association, and its subsidiaries, providing asset management, lending, structured finance risk management, derivatives, and fiduciary services to institutions and individuals; (5) various subsidiaries within First Union Corporation providing investment advisory, administrative and other services to the Evergreen and Mentor families of mutual funds; and (6) various wholly-owned state insurance agencies.
Stocks, bonds, mutual funds or other securities offered or sold through First Union Corporation or any of its bank or non-bank subsidiaries are not deposits of any bank and are not insured, guaranteed or otherwise protected by the Federal Deposit Insurance Corporation or any other government agency; are not endorsed or guaranteed by First Union Corporation, FUNB or any bank; and involve investment risk, including possible loss of principal.
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