Amerex Energy Services Expands Northeast Presence, Adds Three Team Members

  Amerex Energy Services Expands Northeast Presence, Adds Three Team Members

PR Newswire

HOUSTON, Oct. 29, 2013

HOUSTON, Oct. 29, 2013 /PRNewswire/ --In order to support and build upon its
growth, Amerex Energy Services, a division of Amerex Brokers LLC, a
wholly-owned subsidiary of GFI Group Inc. (NYSE: GFIG), has hired three new
team members. Stuart King has been appointed Vice President of Northeast
Energy Consulting, Will Matthews has been appointed Director of Portfolio
Management, and Brett Zeitz is Amerex's newest Energy Consultant. All will
report to Jeff Shoaf, SVP of Amerex Energy Services. Mr. King will be based
in Connecticut, while Mr. Matthews and Mr. Zeitz will be based in Houston.

Mr. King joins Amerex Energy Services with over 30 years of energy industry
experience, most recently serving as Director of Northeast Sales for NextEra
Energy Services. He has extensive retail and wholesale energy experience, and
has performed sales and sales management functions for Integrys Energy
Services and Select Energy, and customer management activities for Northeast
Utilities Services Company. Mr. King earned a BS in Mechanical Engineering
from Western New England University in Springfield, MA and a MBA from the
University of Connecticut. Mr. King is a past president of the Connecticut
Power and Energy Society (CPES) and has served on the Board of Directors of
CPES and the Tri-State Energy Association. He will focus on further developing
Amerex's presence in the Northeast markets.

Mr. Matthews joins Amerex following an entrepreneurial venture and four plus
years as Pricing Manager for another energy brokerage firm. He has structured
natural gas, electricity and propane deals for clients across nearly every
deregulated territory in the US. Mr. Matthews will be responsible for
managing Amerex's large book of power and natural gas contracts for clients
choosing a more sophisticated risk management strategy, including heat rates,
block and index, and LMP index. He graduated from Rice University in Houston,
Texas with a BA in Economics and Managerial Studies.

Mr. Zeitz joins Amerex from another energy consulting firm in the Houston
area, and has worked extensively in the manufacturing, engineering,
construction and power industries over the past two decades. His diverse and
successful background includes Technical Sales, Product Line Manager, Regional
Sales Manager and Energy Consulting roles. Mr. Zeitz earned a BS in financial
mathematics from the University of Houston.

"We are excited to further grow our team with the great expertise and talent
in Stuart, Brett and Will.They will help Amerex continue to provide
knowledge, service and value to current and new clients, and we continue to
seek similar highly qualified and experienced energy veterans," said Jeff
Shoaf.

About Amerex Energy Services
Amerex Energy Services is an energy consulting firm that advises commercial,
industrial, governmental and institutional entities in developing and
implementing long term energy strategies. With over 30 years of wholesale and
9 years of retail energy experience, Amerex offers exceptional market
intelligence and depth of experience in providing comprehensive energy price
risk management services. Amerex Energy Services is the retail consulting
division of Amerex Brokers LLC, which is a wholly-owned subsidiary of GFI
Group Inc. (NYSE: GFIG).

For more information, contact:
Melissa Mundy
Vice President, Marketing & Data Services
Amerex Brokers LLC
281-340-5206
mmundy@amerexenergy.com

Forward-looking statement
Certain matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. When used in this press release, the words "anticipate," "believe,"
"estimate," "may," "might," "intend," "expect" and similar expressions
identify such forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated, expressed or
implied by the forward-looking statements contained herein. These
forward-looking statements are based largely on the expectations of GFI Group
Inc. (the "Company") and are subject to a number of risks and uncertainties.
These include, but are not limited to, risks and uncertainties associated
with: economic, political and market factors affecting trading volumes;
securities prices or demand for the Company's brokerage services; competition
from current and new competitors; the Company's ability to attract and retain
key personnel, including highly-qualified brokerage personnel; the Company's
ability to identify and develop new products and markets; changes in laws and
regulations governing the Company's business and operations or permissible
activities; the Company's ability to manage its international operations;
financial difficulties experienced by the Company's customers or key
participants in the markets in which the Company focuses its brokerage
services; the Company's ability to keep up with technological changes;
uncertainties relating to litigation and the Company's ability to assess and
integrate acquisition prospects. Further information about factors that could
affect the Company's financial and other results is included in the Company's
filings with the Securities and Exchange Commission. The Company does not
undertake to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.

SOURCE Amerex Energy Services

Website: http://www.amerexenergy.com
 
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