Jovian Launches CIBC Gartman Global Allocation Deposit Notes, Series 3


    TORONTO, Jan. 15 /CNW/ - Jovian Capital Corporation ("Jovian") (JOV: TSX)
and its wholly-owned subsidiary JovFunds Management Inc. ("JovFunds") are
pleased to announce the launch of the CIBC Gartman Global Allocation Deposit
Notes, Series 3 (the "Notes"). This is the third series of Notes which will be
sub-advised by The Gartman Letter, L.C., the publisher of The Gartman Letter.
Its author, Dennis Gartman, is a leading global markets commentator.
    "After the success of the first two series, we are delighted to be
collaborating once again with CIBC and Dennis Gartman on Series 3 of the
Notes," said Raj Lala, Managing Partner of JovFunds Management Inc.
    The performance of the Notes will be linked to the Gartman Index(TM), a
proprietary index offering long, short or neutral exposure in various
weightings to any combination of 24 underlying equity, commodity, bond and
currency sub-indices, as selected by Dennis Gartman on a monthly basis. The
Notes are 100% principal protected by CIBC, if held to maturity. The term to
maturity is six years. The Notes will be available for sale until March 7,
2008.
    "2007 was a challenging and volatile year in the markets, and I expect
much of the same for 2008," said Dennis Gartman, author of the Gartman Letter.
"We are very proud that, in these challenging markets, the Gartman Index was
up over 16%(*) from its inception (April 4, 2007) to December 31, 2007."

    (*) Commissions, trailing commissions, management fees and expenses all
    may be associated with these investments. Please read the Information
    Statement before investing. The indicated rate of return is the
    historical total return including changes in value and does not take into
    account sales, distribution or optional charges or income taxes payable
    by any securityholder. Deposit Notes are not guaranteed by CDIC, their
    values change frequently and past performance may not be repeated.

    For more information:
    Visit: www.jovfunds.com or www.cibcnotes.com,
    Email: info@jovfunds.com
    Call: 1.866.514.6603

    About Dennis Gartman and The Gartman Letter L.C.

    Dennis Gartman, the author of The Gartman Letter, has worked in the
capital markets since 1974. Born in Akron, Ohio, Gartman received his B.A.
from the University of Akron and M.A. from North Carolina State University.
After finishing his graduate work in the mid-1970s, he worked as an economist
for Cotton Inc., analyzing cotton supply/demand in the U.S. textile industry.
From there he went to North Carolina National Bank where he traded foreign
exchange and money market instruments. In 1977, Mr. Gartman became the Chief
Financial Futures Analyst for A.G. Becker and Company in Chicago, where he
also served as an independent member of the Chicago Board of Trade, trading in
treasury bond, treasury note and GNMA futures contracts. In 1984, Mr. Gartman
moved to Virginia to run the futures brokerage operation for the Virginia
National Bank, and in 1987 began producing The Gartman Letter on a full-time
basis. Subscribers to The Gartman Letter include some of the top financial
institutions in the world.

    About CIBC

    CIBC is a leading North American financial institution with nearly
11 million personal banking and business clients. CIBC offers a full range of
products and services through its comprehensive electronic banking network,
branches and offices across Canada, in the United States and around the world.

    About JovFunds Management Inc.

    JovFunds provides innovative investment solutions for Canadians through
the creation, distribution and management of high quality investment products.
JovFunds manages and distributes in excess of $1.2 billion in client assets
and is wholly owned by Jovian Capital Corporation.

    About Jovian Capital Corporation

    Jovian is a publicly-traded company listed on the TSX (JOV). Jovian is a
management and holding company with interests in a variety of financial
service firms specializing in wealth(*) and asset(xx) management. The Jovian
group of companies operates as a national financial services organization with
approximately $14.4 billion of client assets ($5.4 billion in assets under
management and $9.0 billion in assets under administration).

    (*) Wealth management entities include MGI Securities Inc., MGI
    Securities (USA) Inc. and Rice Financial Group Inc. (xx) Asset management
    entities include BetaPro Management Inc., Horizons Funds Inc., JovFunds
    Management Inc., JovFunds Inc., JovInvestment Management Inc., Leon
    Frazer & Associates Inc. and T.E. Wealth. Financial corporate service
    entities include Felcom Data Services Inc.

    The TSX has not reviewed and does not accept responsibility for the
    adequacy or accuracy of this release.



For further information: Don Sangster, Investor Relations, Jovian
Capital Corporation, (416) 933-5744; or Raj Lala, Managing Partner, JovFunds
Management Inc., (416) 601-2503; Additional information relating to Jovian is
available at www.sedar.com and www.joviancapital.com