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UPDATE: Paulson Investment's 31st Annual Westergaard2008-10-16...

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    UPDATE: Paulson Investment's 31st Annual Westergaard
    2008-10-16 15:03:02.630 GMT

    Conference to Showcase Emerging Industry Leaders

    PORTLAND, OR -- (MARKET WIRE) -- 10/16/08 -- Paulson Investment
    Company, Inc., a wholly owned subsidiary of Paulson Capital Corp.
    (NASDAQ: PLCC), today issued a list of confirmed companies scheduled
    to present at Paulson Investment's 31st Annual Westergaard Conference
    to be held in New York City.

    The Conference will showcase small and emerging growth companies
    focused on establishing leadership in a broad range of industry
    sectors, including domestic and alternative energy, environmental
    responsibility, healthcare, consumer products, financial, security
    and technology. Founded in 1978 by noted small cap analyst John
    Westergaard, this Conference provides a venue for select companies to
    share detailed insight into their business operations, short and long
    term growth strategies and industry vision.

    Space is limited, so investment professionals interested in attending
    are encouraged to pre-register for the event. For more information or
    to pre-register, please visit www.westergaardconference.com.

    EVENT AT A GLANCE:

    WHEN: Wednesday, November 12, 2008
    7:30 AM ET - 5:30 PM ET

    WHERE: Waldorf Astoria
    301 Park Avenue (Between 49th and 50th)
    New York City

    LUNCH
    KEYNOTE: Lawrence Kudlow is host of CNBC's primetime "Kudlow &
    Company," which airs nightly from 7:00 PM to 8:00 PM.
    He is also the host of "The Larry Kudlow Show" on WABC Radio
    that airs Saturdays from 10:00 AM to 1:00 PM. Larry Kudlow
    is Chief Executive Officer of Kudlow & Co., LLC, an economic
    and investment research firm. He is also a nationally
    syndicated columnist and author. Larry Kudlow is a familiar
    face in Washington and on Wall Street -- a renowned free
    market, supply-side economist armed with knowledge, vision
    and integrity acquired over a career spanning three decades.
    *T

    There will be a breakfast analyst forum hosted by Dutton Associates
    from 7:30 AM ET - 8:30 AM ET to discuss emerging market trends in
    various industries. There will also be a closing reception,
    immediately following the final presentation, from 5:30 - 7:30 PM ET.

    This year's conference will play host to companies scheduled to give
    multiple presentations throughout the day to small, informal groups
    of investment professionals. Confirmed presenting companies are:

    Baldwin Technology Company, Inc. (NYSE: BLD)
    Best Energy Services, Inc. (OTCBB: BEYS)
    Converted Organics, Inc. (NASDAQ: COIN)
    China Energy Recovery, Inc. (OTCBB: CGYV)
    EDGAR Online, Inc. (NASDAQ: EDGR)
    Enable Holdings, Inc. (OTCBB: ENAB)
    Healthy Fast Food, Inc. (OTCBB: HFFI)
    ICOP Digital, Inc. (NASDAQ: ICOP)
    INX Inc. (NASDAQ: INXI)
    IntegraMed America, Inc. (NASDAQ: INMD)
    IPtimize, Inc. (PINKSHEETS: IPZI)
    Kandi Technologies, Corp. (NASDAQ: KNDI)
    MyECheck, Inc. (OTCBB: MYEC)
    Mktg, Inc. (NASDAQ: CMKG)
    Nanogen, Inc. (NASDAQ: NGEN)
    Neoprobe Corporation (OTCBB: NEOP)
    Pacific Asia Petroleum, Inc. (OTCBB: PFAP)
    Patriot Scientific Corporation (OTCBB: PTSC)
    Power Air Corporation (OTCBB: PWAC)
    Rock Energy Resources, Inc. (OTCBB: RCKE)
    SOYO Group, Inc. (OTCBB: SOYO)
    The Quantum Group, Inc. (NYSE: QGP)
    TZ Limited (PINKSHEETS: TZLTF)
    ZAP (OTCBB: ZAAP)

    To date, valued conference sponsors include:

    Dutton Associates
    Elite Financial Communications Group, LLC
    EQUITIES Magazine
    Lane PR
    Marketwire, Incorporated
    Holland & Knight, LLP
    Morse Zelnick Rose & Lander, LLP

    For more information on sponsorship opportunities, please contact
    Tiffany Korkis or John Morrison at Elite Financial Communications
    Group by calling 407-585-1080, or via email at [email protected] or
    [email protected].

    About Paulson Capital Corporation

    Paulson Capital Corporation is the parent company to Paulson
    Investment Company, Inc. Headquartered in Portland, Oregon, Paulson
    Investment Company, Inc. is the Northwest's largest independent
    brokerage firm and a national leader in public offerings of small and
    emerging growth companies with capital needs of $5 million to $45
    million. Founded by Chester "Chet" Paulson in 1970, it has managed
    or underwritten 163 securities offerings and has generated more than
    $1.2 billion for client companies. The firm's enduring success stems
    from its ability to recognize emerging industry trends and from
    supporting emerging companies pioneering positive change and
    advancements in those related markets.

    With corporate and independent retail brokerage offices located in 11
    states throughout the country, Paulson Investment Company, Inc. aims
    to earn and build trust with retail and select institutional investors
    through highly customized financial portfolio management, diversified
    financial products and service offerings and effective administration
    and execution of investment strategies that specifically address
    individual risk tolerance levels. In addition, Paulson Investment
    Company, Inc.'s brokerage clients look to the firm for compelling new
    investment ideas in the small and emerging growth markets.

    Paulson Investment Company, Inc. was the managing underwriter for the
    initial and/or secondary public offerings for one or more of the
    presenting companies. Paulson Investment Company, Inc. may make a
    market in one or more of the securities for the presenting companies.
    These markets may, however, be changed at any time without notice.
    Individuals associated with Paulson Investment Company, Inc. and its
    officers and/or directors may hold shares in companies affiliated
    with this conference and may increase or decrease such holdings
    without notice.

    This release may contain "forward-looking statements" based on
    current expectations but involving known and unknown risks and
    uncertainties. Actual results of achievements may be materially
    different from those expressed or implied. The Company's plan and
    objectives are based on judgments with respect to future conditions
    in the securities markets as well as general assumptions regarding
    the economy and competitive environment in the securities industry,
    which can be volatile and out of our control. In particular, we make
    assumptions about our ability to complete corporate finance
    transactions and increase the volume and size of our securities
    trading operations, which are difficult or impossible to predict
    accurately and often beyond the control of the Company. Therefore,
    there can be no assurance that any forward-looking statement will
    prove to be accurate.



    FOR MORE INFORMATION, PLEASE CONTACT:
    Elite Financial Communications Group, LLC
    Dodi Handy
    President and CEO
    407-585-1080
    Email Contact
    -0- Oct/16/2008 15:03 GMT
 
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