CHF Investor Relations Expands into Brazil; Hosts Inaugural Sao Paulo Business Conference November 8th

    TORONTO, Oct. 11 /CNW/ - CHF Investor Relations (Cavalcanti Hume Funfer
Inc.), Canada's oldest IR firm, sustained by its results-oriented focus, today
announced that it has opened operations in Brazil with a new office located in
Sao Paulo, on top of its existing locations in Toronto and Calgary.
    CHF's Brazilian-born President, Ottavio Cavalcanti, is very proud to
bring CHF into Brazil. Mr. Cavalcanti has decades of business experience
gained through his enterprises as owner-operator of several international
businesses operating in Canada, U.S. and Brazil. "It is the right time for us
to make this natural progression that elevates CHF into the international
business arena. Brazil's economy is one of the fastest growing in the world.
Some of Brazil's largest corporations are ranked by the Dow Jones
Sustainability Indices as having the best financial performance amongst
comparable companies worldwide, most of which have become international
leaders yet trade at lower multiples than their North American peers,"
commented Mr. Cavalcanti. "Our Company has the know-how and is very well
staffed to do business in Brazil."
    CHF's proficiency is supported by four Brazilians on the team with a wide
range of expertise in banking, financial services, regulatory regime, sales
and marketing. Their valuable contacts and influences will assist CHF's
current roster of clients through introductions to the largest financial
institutions and brokerages in Brazil.
    "We have been very well received in Brazil and continue to develop very
important relationships there," added Cathy Hume, CEO of CHF. "The depth of
capital market experience within our Company is formidable dating back to the
late 1970's. It is unrivaled by any other IR firm in Canada." Ms. Hume has
experience in the brokerage industry spanning 11 years before venturing into
the field of investor relations in 1993.
    To coincide with the launch of the Brazilian office, CHF was invited by
ABRASCA (Brazilian Association of Capital Markets) to organize a Conference on
"Harnessing the Potential of North American Capital Markets" on November 8th
at the Hotel Unique in Sao Paulo. Attending this Conference will be an
estimated 30 Brazilian-listed companies, several Brazilian financial
institutions, over a dozen Private companies and some top brokerage houses
looking for opportunities to access capital, improve market liquidity, create
visibility and gain recognition in North America. CHF is presently finalizing
the guest speakers for this Conference which to date include a representative
from the American Stock Exchange (AMEX), a number of North American Investment
Bankers, Institutions and other specialists, all of whom recognize the early
opportunities presented by Brazil's promising economic future and explosive
growth path.
    D'Arcy Funfer, Chairman and COO, continued "We believe we can contribute
a great deal of visibility to the large publicly-traded Brazilian companies as
well as the emerging private sector companies interested in accessing capital
through North American market experts." Mr. Funfer operates from Calgary
managing clients' market liquidity programs and assisting with fundraisings
using his 30 years of experience in the brokerage and IR industries.
    CHF's Brazilian activities will be headed by Jeanny So, Director of
Operations, Brazil. Ms. So, who spent her formative years in Sao Paulo, has
more than nine years of financial services experience working with TD
Securities and Sentry Select prior to joining CHF. Ms. So will be working
predominantly from CHF's Toronto office to further develop relationships with
the Brazilian financial community.

    About Brazil

    Brazil offers very attractive opportunities for investors abroad. The
overall value of Brazilian equities rose to US$1.02 trillion this year and it
has more than quadrupled since 2002, bolstered by a strong currency. Profits
have risen 108% during the past four-year rally, buoyed by rising prices of
nickel and iron-ore. International investors accounted for 34% of shares
traded this year, up from 22% in 2000, according to the Sao Paulo stock
exchange. For more information, please visit the Brazilian Stock Exchange
website at

    About CHF Investor Relations

    CHF Investor Relations, a proactive, results-driven firm, offers premium
IR service to an international portfolio of client companies operating in a
broad range of industries including communications, technology, industrial
applications technology, high-tech, mining exploration, development and
production, oil and gas, niche financial services and special situations. CHF
provides comprehensive IR representation to the Canadian marketplace through
their offices in Toronto and Calgary. CHF is owned by Ottavio Cavalcanti,
Cathy Hume and D'Arcy Funfer. For information on our clients, please visit the
CHF website at

For further information:

For further information: CHF Office - Toronto Branch, 90 Adelaide Street
West, 6th floor, Toronto, Ontario, M5H 3V9, Canada, T: (416) 868-1079, F:
(416) 868-6198; CHF Office - Calgary Branch, Edinburgh Place, Suite 501, 900 -
6th Ave SW, Calgary, Alberta, T2P 3K2, Canada, T: (403) 410-6221, F: (403)
410-7217; CHF Office - Sao Paulo Branch, Contact: Jeanny So, Director of
Operations, Brasil, Edificio Antônio Alves Ferreira Guedes, Avenida Brigadeiro
Faria Lima, 3729 - 4o andar, Itaim Bibi, Sao Paulo, Cep 04538 - 905, Brasil,
T: +55 11 3443 7307, F: +55 11 3443 7280, E:

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