Press Release: Top Healthcare Analyst Stephen Unger Joins Research Edge

Team of Top Analysts Paired with Global Macro
Delivers Real-Time Research in an Outsourced Model

New Haven, Conn., March 19, 2009 - Research Edge, LLC, the leading real-time research company, today announced that Stephen Unger has joined the Research Edge, LLC Healthcare team. The Research Edge model of outsourced research increases client performance through access to top macro and sector-specific analyst talent in a dedicated research organization, without the inherent conflicts and constraints of traditional research.

“Stephen's track record speaks for itself,” said Keith McCullough, CEO of Research Edge. “His expertise and insight translate to immediate alpha creation and risk management for our clients. We’re excited to add Stephen’s experience to our growing Research Edge team.”

Mr. Unger comes to Research Edge from Balyasny Asset Management L.P., where he was responsible for a portion of healthcare equity research. Prior to Balyasny, Mr. Unger was a Managing Director at Bear Stearns & Co., where he spent over 10 years covering healthcare firms, including initial public offerings for Inveresk Research Group and PRA International.

“Stephen’s depth of knowledge and unique hands-on experience related to pharmaceutical outsourcing, healthcare information technology, genetics, and personalized medicine gives our clients access to the most dynamic segments within the healthcare sector,” said Brian McGough, President and Director of Research for Research Edge. "With a healthcare reform agenda now underway in the U.S. , it takes a much sharper edge to generate absolute returns.”

"I’m excited to be part of a terrific team, building a new un-compromised, un-conflicted model for investment research," said Mr. Unger. “Research Edge will let me focus purely on research and creating alpha for our clients.”

Stephen Unger is a Chartered Financial Analyst, a Certified Public Accountant, and member of the New York Society of Security Analysts and AICPA. He holds a BBA in Finance and Accounting from the University of Wisconsin - Madison.

Mr. Unger's research will be available to clients of Research Edge's Healthcare sector team, where he joins Thomas Tobin. Research Edge debuted Healthcare coverage at the Society of Toxicology Annual Meeting, March 15-19, 2009 in Baltimore, Maryland.

Contact:
Todd Enders
Research Edge, LLC
tenders@researchedgellc.com

Keith's List of Portfolio Activity

Thank you for all the great feedback we received about the launch of our new site.

A clear theme has been that many of you are missing the Portfolio Activity in the old list format. While all of the information is capture in our new graphical portfolio representation, due to overwhelming demand, we will be bringing this feature back shortly. Stay tuned!

Thanks and keep your comments coming.

What's new?

The site is up and running and has been performing admirably over the last 36 hours. We have received plenty of feedback and it is overwhelmingly positive so far. As we head into the week, we want to make sure that you are aware of all the great features and how to use them.

All clients will see the latest Hedgeye Asset Allocation at the top right of the screen. I usually is up-dated around 8am ET on market days.

Tier 1 / Tier 2 Clients
Once you login, you will have access to the specific verticals/sectors you are subscribed to. On the homepage, you will find a cummulative list of all of our content. Blue headlines are postings to which you have access, grey headlines are postings from verticals/sectors you are not subscribed to and hence do not have access to.

You can click on the name of an analyst to see their content only.

Hedgeye Portfolio
If you have access to the Hedgeye Portfolio, you will see the live positions on the right hand side of your screen once you login. Keith's trades are posted here in real time. Newest positions and position changes appear at the top. Additionally, if the position has changed in the last 3 hours, it will be blinking so as to easily indicate up-dates to you.

By clicking on the position, you will have access to the cost basis and current performance. In the future, we will also make available a variety of tools such as company news, stock data, charts etc.

Macro Clients
Macro Clients have access to a variety of new tools on the site. In addition to the Hedgeye Portfolio described above and Keith's postings, the S&P500 Direction Indicator has launched. If Keith has an opinion on the S&P500 direction, it will be indicated in form of a green (going up from here) or red (going down from here) light next to the S&P500 quote. The Direction Indicator may be up-dated periodically throughout the day so stay tuned!

We would very much like to hear from as many of you as possible. Please email us at support@researchedgellc.com with your comments or questions.

Welcome to the new home of Research Edge, LLC!

This weekend, we will be launching our new web presence. This will impact our users in a variety of manners.

• Our new site will have much faster performance and easier navigation
• A number of new features will be launching
• We are resetting all of our users' passwords and emailing them to you later this weekend

The Research Edge Blog right here is where we will be discussing any news concerning the site with you, our customers. So stay tuned for many more up-dates to come.

We are looking forward to hearing your reactions!

The Research Edge Team