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Press Releases

Ilya Grozovsky to Cover the Technology Sector

Glenn Williams to Cover Oil & Gas Sector

Chris Testa to Focus on Business Development Companies

NEW YORK, December 16, 2014 - National Holdings Corporation (OTC BB: NHLD) ("National Holdings" or the "Company"), a full-service investment banking and asset management firm, today announced that Ilya Grozovsky, Glenn Williams and Chris Testa have joined the Company's broker-dealer subsidiary, National Securities Corporation, expanding the Company's team of equity research analysts. Mr. Grozovsky will serve as a Senior Equity Analyst covering the Technology sector, including software, cloud computing infrastructure and applications. Mr. Williams will cover the Oil & Gas sector. Mr. Testa will serve as an Equity Research Analyst, covering Business Development Companies (BDCs). In their new roles, Mr. Grozovsky, Mr. Williams and Mr. Testa are based in New York.

Mark Goldwasser, President and Chief Executive Officer of National Securities, commented, "The additions of Ilya, Glenn and Chris expands our broker-dealer business and strengthens our ability to provide our institutional and retail clients with actionable equity research. These appointments build on our offerings to support emerging growth companies across targeted industries, including financial institutions, energy and transportation, technology, media and telecom, and healthcare. We welcome these appointments and look forward to their contributions to the firm."

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Company Remains on Track to List on National Stock Exchange

National Holdings Corporation (OTC BB: NHLD)

(”National Holdings” or the “Company”), a full-service investment banking and asset management firm, today announced that Mark D. Klein, the Company’s Chief Executive Officer and Co-Executive Chairman, will step down following the successful completion of a defined set of goals outlined by the Company’s Board of Directors. These goals include: returning National Holdings to record levels of revenue, earnings and profitability; reducing expenses; and growing the Company through organic and M&A opportunities. National Holdings is also in the process of seeking a listing on a national stock exchange that is expected to occur during the calendar fourth quarter.

Mr. Klein will remain with the Company through December 31, 2014, to help ensure an orderly transition. Robert Fagenson, National Holdings’ Co-Executive Chairman, will assume the position of Chief Executive Officer on January 1, 2015.

NEW YORK, March 19, 2014 – National Holdings Corporation (OTC BB: NHLD) (”National Holdings” or the “Company”), a full-service investment banking and asset management firm, today announced that John R. Benda has joined the Company’s broker-dealer subsidiary, National Securities Corporation, as a Senior Equity Research Analyst, covering REITs and other real estate related securities. In the new role, Mr. Benda is based in New York. 

Mark Goldwasser, President and Chief Executive Officer of National Securities, commented, “John brings to National Securities significant industry knowledge and strong industry relationships with company executives and investors. This appointment fits with our strategy of serving companies in emerging growth sectors and expanding our platform to under-followed areas of financial services, including REITs and BDCs. I am confident in John’s expertise and ability to serve our institutional and retail clients.”

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Revenues Increased 60% to Approximately $53 Million and Net Income Increased to $3.2 Million

Ninth Consecutive Quarter of Positive Adjusted EBITDA and Fifth Straight Quarter of Net Income

 

NEW YORK, May 13, 2014 – National Holdings Corporation (OTC BB: NHLD) (”National Holdings” or the “Company”), a full-service investment banking and asset management firm, today announced financial results for the Company’s fiscal second quarter and six months ended March 31, 2014.

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NEW YORK August 8, 2014 – National Holdings Corporation (OTC BB: NHLD) (”National Holdings” or the “Company”) today announced that it will host a teleconference to discuss the Company’s  fiscal third quarter 2014 financial results at 5:00 p.m. ET on Wednesday, August 13, 2014. National Holdings will release its 2014 fiscal third quarter financial results after the market closes on August 13, 2014.

To access the teleconference, please dial (706) 902-2067 (domestic and international) approximately ten minutes before the teleconference’s scheduled start time and reference ID# 81406388.

If you are unable to access the live teleconference, a replay will be available beginning approximately two hours after the call’s completion through August 20, 2014. The teleconference replay can be accessed by dialing (404) 537-3406 (domestic and international) and entering the ID# 81406388. Following the conclusion of the call, an audio recording will become available on the investor relations portion of National Holding’s website at http://www.nhldcorp.com/investors.aspx

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NATIONAL HOLDINGS CORPORATION REPORTSSIGNIFICANT REVENUE AND NET INCOME GROWTH IN THE FISCAL THIRD QUARTER 2014

Revenue Increases 43% to $46.6 Million and Net Income Increases 75% to $1.4 Million

 

Plans to Obtain National Stock Exchange Listing

 

NEW YORK, August 13, 2014 – National Holdings Corporation (OTC BB: NHLD)(”National Holdings” or the “Company”), a full-service investment banking and asset management firm, today announced financial results for the Company’s fiscal third quarter and nine months ended June 30, 2014.

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