New York, NY December 30, 2011 Aegis Capital is pleased to announce the hiring of Fred Pisculli as a Senior Vice President of Investments. Fred was formerly a Vice President with HSBC Securities. His focus was managing high net worth individual clients and corporate accounts. Fred has applied a comprehensive discipline in which he advises his clients on their total portfolio.

Mr. Pisculli got his start in 1997 with McLaughlin Piven, Vogel Securities. Fred spent the next 11 years at the firm and rose to the position of Director. Fred specialized in Fixed Income and Income strategies through options for his clients. Fred was managing in excess of 50 Million in retail assets.

Fred looks to offer his clients unbiased and independent advice on Fixed Income, Insurance and Equity Strategies through the Independent Advisor platform

He currently maintains his series 7, 63, Life and Health licenses and is Registered as Investment Advisor and has a B.S. in Finance from Fordham University. Fred is a Level II CFA Candidate.

Phil Michals Aegis Capital Head of Business Development Commented: “We are pleased that Fred has chosen Aegis Capital to service his clientele”. “ Fred has a diverse customer mix and utilizes a broad range of services.” “ We view adding Senior Vice Presidents of Fred’s caliber is critical to our continued success”.

About Aegis- Aegis Capital has been in business for the past 27 years and maintains a conflict free service platform catering to the needs of private clients, institutions and corporations. Aegis Capital Corporation was founded in 1984 by, the current CEO and Chairman. Aegis origins were based on servicing the specific needs of an extremely affluent customer base. Today, we have become a premiere full-service investment banking firm with eleven locations and employees stretching from Florida to Rochester, NY. We have clients in all 50 states and overseas. Aegis has been able to bring quality service through its clearing relationships of Penson and JP Morgan.

Any questions contact

Business Development

Phil Michals-800-380-4241

pmichals@aegiscapcorp.com