TSG Supports Seton Hall University in the Investment Challenge

April 19, 2007 (New York, NY) - (Excerpt from NYSSA News, June, 2007) - For the second year in a row, Seton Hall University's Stillman School of Business won the NYSSA Investment Research Challenge, held on April 18, 2007, at Reuters America. Seton Hall is the first repeat winner in the five years of the NYSSA Challenge. “It's a true testament to the commitment of the Seton Hall students, faculty, and administrators that they have been able to come out on top two years in a row in such a competitive field,” said NYSSA executive director Alvin Kressler.

Andrey Botev, Megan Joseph, Theresa Ko, Bill Moore, and Angelo Stracquatanio represented Seton Hall. They were followed by Rutgers Business School-Newark and New Brunswick in second place, Pace University's Lubin School of Business in third, and The Peter J. Tobin College of Business at St. John's University taking fourth.

Mary Borneman, manager of investor and public relations at subject company Tasty Baking Company, and Hal McIntyre of Summit Group

Each team had 10 minutes to convince the expert panel of its recommendations on Tasty Baking Company (Nasdaq: TSTY). The Challenge is an eight-month educational initiative in which leading industry professionals teach students from top area business schools best practices in securities research. To reach the finals, the teams had previously bested students from Baruch College's Zicklin School of Business, Fordham University's College of Business Administration, and NYU Stern School of Business.

“I think the victory was the result of a great team effort,” said Andrey Botev. “We were able to quickly form a coherent and determined team. The diverse background of my colleagues was an advantage for two reasons: First, we argued a lot, which helped us build our analysis on the basis of constructive argument; and second, each student found a particular niche where he or she was able to take a strong lead. The project was an invaluable learning experience.”

“The challenge highlights the degree of teamwork and creativity needed to generate original ideas on Wall Street,” remarked Kay Booth, director of global equity research at Bear Stearns, and a first-time panelist. “The dedication of the participants and the sophisticated analysis of the winners ensure a bright future for investment research.”

“I think the victory was the result of a great team effort,” said Andrey Botev. “We were able to quickly form a coherent and determined team. The diverse background of my colleagues was an advantage for two reasons: First, we argued a lot, which helped us build our analysis on the basis of constructive argument; and second, each student found a particular niche where he or she was able to take a strong lead. The project was an invaluable learning experience, and the ringing of the Opening Bell at Nasdaq will be one of our most cherished memories for a very long time.”

The Seton Hall Team: Angelo Stracquatanio, Theresa Ko, Bill Moore, Megan Joseph, and Andrey Botev.