NEW YORK, NY--(Marketwire - December 4, 2008) - Olympia Asset Management LTD, a licensed, full service Broker Dealer offering retail brokerage and investment banking services to retail and institutional clients, today announced that it was featured in the Wall Street Letter www.wallstreetletter.com, a leading online industry publication. The article noted the current market environment and how Olympia Asset Management is taking the opportunity to recruit top talent from Firms like Merrill Lynch and Citigroup who have been downsizing.

"This market environment has created a vacuum whereby talented producers, analysts and back office personnel are having their payouts lowered or are being downsized," said Mike Murphy, Olympia's founder and CEO. "This market has created vast opportunities for Firms like ours to take advantage and actually expand while others are downsizing."

About Wall Street Letter

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About Mike Murphy

Mr. Murphy is the CEO of Olympia Asset Management LTD since the Firm's inception in 2003. Mr. Murphy oversees the day-to-day operations of the Firm. Mr. Murphy received his degree in Business Administration from Hofstra University where he was also a member of the school's elite football team. Mr. Murphy holds three Regulatory licenses, the Series 7, 24 and 63 and is a 13 year veteran of the securities industry. Mr. Murphy currently resides with his wife and three daughters in NYC.

About Olympia Asset Management LTD

Olympia Asset Management LTD, member of the FINRA and SIPC, is an independent Broker Dealer and investment banking firm headquartered in the center of New York City, with a growing network of Financial Consultants. The Firm offers its clients access to the financial markets while providing knowledgeable and experienced Financial Consultants who continuously strive to service their clients' needs regardless of the size of their portfolio. For more information on the firm, please visit www.olympiany.com or contact our strategic business development center at: