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Biotech Analyst Jason Zhang Joins BMO Capital Markets U.S. Healthcare Equity Research Group

BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (NYSE, TSX: BMO), has hired Jason Yuanxin Zhang, Ph.D., to the firm's U.S. Healthcare Equity Research Group.

Based in New York, Dr. Zhang has extensive experience covering biotechnology companies. He is joined by associate Samuel Kim. “Jason brings us a wealth of valuable industry knowledge, gleaned from years of hands-on biotech research,” said Jack Blackstock, Director of U.S. Equity Research, BMO Capital Markets. “His intensive work ethic and the resulting insights about the companies he covers have earned Jason an excellent reputation among institutional investors.”

For the past eight years, Dr. Zhang has been a research analyst covering biotechnology and biopharmaceuticals for Prudential Equity Group, Independent Research Group and Stephens Inc. While at Prudential, Dr. Zhang received a Top 5 ranking from StarMine based on stock picking of biotechnology companies. He was also awarded a four-star rating by StarMine in 2005 and 2006 for his recommendations of North American biotechnology stocks. Dr. Zhang has a Ph.D. in Cell, Molecular & Neurosciences/Botanic Sciences from the University of Hawaii and an MBA from Indiana University's Kelly School of Business. He served as a postdoctoral fellow at Indiana University's School of Medicine and as a postdoctoral scientist at Eli Lilly.

About BMO Capital Markets U.S. Healthcare Equity Research Team

BMO Capital Markets U.S. Healthcare Equity Research Team provides coverage of healthcare services, medical technology, specialty and large-cap pharmaceuticals, and biotechnology companies. The team includes: Erik Chiprich, Robert Hazlett, Joanne Wuensch and Jason Zhang. BMO Capital Markets is set to host its annual “Focus on Healthcare” conference for institutional investors on December 4-5 at Millennium Broadway Hotel in New York City. The annual event, which is moderated by the healthcare research team, will bring together senior management from North America's leading healthcare companies for an in-depth look at the sector's current challenges and future opportunities.

With 21 published research analysts, BMO Capital Markets U.S. Equity Research Group now covers more than 320 companies in industries that also include Business Services, Capital Goods, Consumer & Leisure, Energy & Power, Financial Institutions & REITs, Food & Agribusiness, Media & Entertainment, and Technology & Telecommunications. A complete list of the firm's U.S. equity analyst team and coverage universe can be viewed at: www.bmocm.com/research/equities/us/.

About BMO Capital Markets
BMO Capital Markets is a leading full-service North American financial services provider, with over 2,000 employees operating in 14 North American offices and 26 worldwide, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with more than $357 billion in total assets and 35,000 employees as of April 30, 2007. For more information, visit www.bmocm.com.

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