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Jovian Director Steps Down for Family Reasons

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^{Published in Business and Finance on Wednesday, May 13th 2009 at 14:06 GMT, Last Modified on 2009-05-13 14:07:15 by Market Wire}  

 TORONTO, May 13 /CNW/ - Jovian Capital Corporation ("Jovian") (TSX: JOV) regrets to announce that Patrick Matthews has resigned as a Director of Jovian, effective immediately, for family reasons. The Board vacancy created by Mr. Matthews' resignation will remain until the next meeting of shareholders. Mr. Matthews also served as Chair of Jovian's Audit and Risk Management Committee, and an interim Chair will be appointed to serve until the next meeting of shareholders. Mr. Matthews had been a Director of Jovian since 2001, and the Board of Directors and management of the entire Jovian group of companies wish to thank Mr. Matthews for his years of service to Jovian and wish him well. About Jovian Capital Corporation ([ www.joviancapital.com ]) Jovian acquires, creates and grows financial services companies specializing in wealth and asset management. The Jovian group of companies (AlphaPro Management Inc., BetaPro Management Inc., Horizons Funds Inc., JovFunds Inc., JovFunds Management Inc., JovInvestment Management Inc., Leon Frazer & Associates Inc., MGI Financial Inc., MGI Securities Inc., MGI Securities (USA) Inc., T.E. Wealth and Felcom Data Services Inc.) manages approximately $12.0 billion of client assets ($6.5 billion in assets under management and $5.5 billion in assets under administration). Additional information is available at [ www.joviancapital.com ] and [ www.sedar.com ].

For further information: Don Sangster, Investor Relations, Jovian Capital Corporation, (416) 933-5744; or Philip Armstrong. C.E.O., Jovian Capital Corporation, (416) 933-5752