Jovian Director Steps Down

TORONTO, Feb. 23, 2012 /CNW/ - Jovian Capital Corporation ("Jovian") (JOV: TSX) announces that John McKimm has tendered his resignation as a Director of Jovian, effective immediately.

Mr. McKimm had been a Director of Jovian since 2003 and served on various Jovian committees during his tenure, including most recently the Audit and Risk Management Committee and the Human Resources and Compensation Committee.

The Board of Directors and management of the entire Jovian group of companies wish to thank Mr. McKimm for his years of service to Jovian.

About Jovian Capital Corporation

Jovian acquires, creates and grows financial services companies specializing in two primary market segments: wealth management and traditional asset managers. The Jovian group of companies (MGI Securities Inc., MGI Securities (USA) Inc., T.E. Wealth, Leon Frazer & Associates Inc., Hahn Investment Stewards & Company Inc., JovFinancial Solutions Inc. and JovPortfolio Management Inc.) manages approximately $6.3 billion of client assets ($4.9 billion in assets under management and $1.4 billion in assets under administration).  Additional information is available at www.joviancapital.com and www.sedar.com.

Don Sangster, Investor Relations, Jovian Capital Corporation, [phone]; or
Philip Armstrong, Chief Executive Officer, Jovian Capital Corporation, [phone].