FirstRain VP Of Business Development, David A. Frankel,
To Speak At AQ Research Conference

FirstRain participates in the Fifth AQ Research Conference:
Reinventing Research—Where and What's the Value?

Foster City, Calif., April 1, 2008 - FirstRain®, vice president of business development, David A. Frankel is a featured panelist at Reinventing Research—Where and What's the Value, the fifth AQ Research Conference, in London on April 1 and 2, 2008. He has been invited to share FirstRain's insights in the session titled "The Dark Pools of Research."

In recent years, there have been several significant changes in the financial services business environment-unbundling, commission sharing arrangements (CSAs), the rise of absolute return and other non-traditional investors, as well as transitions in independent research-that have affected investment research. This industry conference gathers market practitioners and intermediaries to give their opinions on the decisions that will shape the course of investment research over the next five years.

"This is the fifth time that we've organized this annual investment research conference in London, and we believe that this is Europe's premier event of its type," said William Russell-Smith, Managing Director of AQ Research. "In this volatile time for markets, a good research strategy is more important than ever, and we're examining a lot of this strategy in our conference this year."

"We're delighted to participate in this exciting forum" Penny Herscher, president and CEO of FirstRain added. "An active dialog with industry experts and customers is essential as we leverage the dramatic impact of the web into investment research and expand our customer base into Europe".

AQ Research was established in 1998 with the support of fund managers who wanted a tool to help them identify accurate and useful sell-side research. The company has expanded from a UK-based hard copy publishing business to a global research and analytics company, analyzing sell-side research data from over 200 investment banks, brokers and independent research houses operating in 50 markets worldwide. It also organizes conferences in Europe, Asia and North America.

Current speakers represent a variety of investment management, research industry and professional organizations, including the CFA Institute, FactSet, Integrity Research Associates, Goldman Sachs, Fidelity, Merrill Lynch, IASC Foundation and the European Securities Network.

About FirstRain

FirstRain changes the rules of research by applying state-of-the art search, extraction and pattern technology to the web. As the leader in search-driven research, FirstRain products provide institutional investors and corporate executives with a powerful information advantage by uncovering information that they would not otherwise see. FirstRain is a privately held company headquartered in Foster City, Calif., with additional offices in New York, NY, and Gurgaon, India. Contact FirstRain at

About AQ Research

AQ Research ( provides quantitative analysis of analysts' recommendations and eps forecasts, using data obtained from the broking houses involved. AQ has been analyzing investment research since 1998. AQ Online covers more than 10,000 companies and 230 brokers worldwide.


Izumi Barker
FirstRain, Inc.

Evonne Lum
Ogilvy Public Relations

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