PORTLAND, OR -- (MARKET WIRE) -- 10/16/08 -- Paulson Investment Company, Inc., a wholly owned subsidiary of Paulson Capital Corp. (NASDAQ: PLCC), today issued a list of confirmed companies scheduled to present at Paulson Investment's 31st Annual Westergaard Conference to be held in New York City.

The Conference will showcase small and emerging growth companies focused on establishing leadership in a broad range of industry sectors, including domestic and alternative energy, environmental responsibility, healthcare, consumer products, financial, security and technology. Founded in 1978 by noted small cap analyst John Westergaard, this Conference provides a venue for select companies to share detailed insight into their business operations, short and long term growth strategies and industry vision.

Space is limited, so investment professionals interested in attending are encouraged to pre-register for the event. For more information or to pre-register, please visit www.westergaardconference.com.

EVENT AT A GLANCE:

WHEN: Wednesday, November 12, 2008