COWEN: OUTPERFORM

Downloadable electronic reports and newsletters in the field of equity research and investment strategies targeted to institutional investors and sophisticated private investors and investment groups

Financial publications, namely, printed financial reports and charts regarding risk, growth, value, and profitability opportunities and analysis of companies

Providing temporary use of non-downloadable software for automating and managing secure commercial financial transactions for managed financial accounts, financial securities and financial instruments; providing temporary use of non-downloadable software for use by investors in researching, planning and executing trades of options, futures, stocks, bonds and other securities via the Internet; providing temporary use of non-downloadable software for use in analyzing financial data and generating reports