PORTLAND, OR--(Marketwire - Oct 17, 2012) -  Paulson Capital Corp. (NASDAQ: [ PLCC ]) -- Chester Paulson, veteran investment banker, will be honored with the Gary E. Bryant Lifetime Legacy Achievement Award at The West Coast Wall Street Conference in Newport Beach, CA, on October 17.

Chet Paulson is widely regarded as one of the preeminent investment bankers in the small/microcap sector. He is Chairman of Paulson Capital Corp. (NASDAQ: [ PLCC ]), publicly traded since 1971. The wholly-owned subsidiary, Paulson Investment Company, Inc. has managed or underwritten over 170 securities offerings and has generated more than $1.2 billion for client companies and is responsible for deals such as Taser International, Cree Research, Cal-Maine Foods, Pre-Paid Legal, S&W Seed, Financial News Network (later acquired by CNBC).

West Coast Wall Street Conference Executive Director, Patrick A. Howell said, "While the JOBS Act was passed with bi-partisan support on April 5, 2012, as a law intended to encourage funding of United States small businesses by easing various securities regulations, and signal a renewed focus of guiding and financing emerging companies, Paulson maintained its commitment in the process of funding client companies."

Gary E. Bryant, President of Newport Capital Consultants, for whom the award is honored, has said about his longtime colleague: "Bankers these days are looking for the quick fix and they are really missing the point. Chet built his career the right way, slowly and deliberately. K.I.S. -- Keep it simple -- that's his motto. Chet has helped hundreds of companies in American life through the deepest recessions and biggest booms. It's about integrity and Chet's got it."

This release may contain "forward-looking statements" based on current expectations but involving known and unknown risks and uncertainties. Actual results of achievements may be materially different from those expressed or implied. The Company's plan and objectives are based on judgments with respect to future conditions in the securities markets as well as general assumptions regarding the economy and competitive environment in the securities industry, which can be volatile and out of our control. In particular, we make assumptions about our ability to complete corporate finance transactions and increase the volume and size of our securities trading operations, which are difficult or impossible to predict accurately and often beyond the control of the Company. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate.