Piper Jaffray Research Analysts Honored in 2008 FT/StarMine Global Analyst Awards

  
    
  
  
    
      Piper Jaffray & Co. announced that eight of its senior research analysts 
      were honored with nine total awards in the 2008 FT/StarMine Global 
      Analyst Awards. The awards, which were presented at a special gala 
      dinner in New York on May 15, recognize the most outstanding stock 
      pickers, earnings estimators and brokers in the United States, Europe 
      and Asia.
    
    
      To determine the award winners, StarMine measures performance based on 
      the returns of the analysts’ buy/sell 
      recommendations, as well as the accuracy of their earnings estimates. 
      For the 2008 awards, only the performance of recommendations and 
      estimates on companies based in the United States, Europe and Asia for 
      the calendar year 2007 were considered.
    
    
      The following analysts received awards for stock picking in the U.S.*:
    
    
      
        Jeff Klinefelter ranked no. 1 in the Textiles, Apparel and Luxury 
        Goods industry
      
      
        Timothy Nelson ranked no. 3 in the Healthcare Equipment and Supplies 
        industry
      
      
        Jesse Pichel ranked no. 2 in the Electrical Equipment industry
      
      
        Caroline Stewart ranked no. 3 in the Biotechnology industry
      
    
    
      The following analysts received awards for estimating earnings in the 
      U.S.*:
    
    
      
        Anthony Gikas ranked no. 3 in the Leisure Equipment and Products 
        industry
      
      
        Aaron Kessler ranked no. 2 in the Internet and Catalog Retail industry
      
      
        Robert Napoli ranked no. 3 in the Thrifts and Mortgage Finance industry
      
      
        Jesse Pichel ranked no. 2 in the Electrical Equipment industry
      
      
        Sean Wieland ranked no. 2 in the Healthcare Technology industry
      
    
    
      “Our analysts are continually recognized for 
      their expertise in various industries and sectors and for providing 
      differentiated, proprietary and value-added research to our clients,” 
      said Joel Denney, head of investment research at Piper Jaffray. “Congratulations 
      to our senior research analysts for their top-tier performance and being 
      named among the best analysts in the United States.”
    
    
      *Based on 2007 data
    
    
      About Piper Jaffray
    
    
      Piper Jaffray Companies is a leading, international middle-market 
      investment bank and institutional securities firm, serving the needs of 
      middle-market corporations, private equity groups, public entities, 
      nonprofit clients and institutional investors. Founded in 1895, Piper 
      Jaffray provides a comprehensive set of products and services, including 
      equity and debt capital markets products; public finance services; 
      mergers and acquisitions advisory services; high-yield and structured 
      products; institutional equity and fixed-income sales and trading; and 
      equity and high-yield research. With headquarters in Minneapolis, Piper 
      Jaffray has 25 offices across the United States and international 
      locations in London, Hong Kong, and Shanghai. Piper Jaffray & Co. is the 
      firm's principal operating subsidiary. (NYSE: PJC) (http://www.piperjaffray.com)
    
    
      Since 1895. Member SIPC and FINRA.
    
    
      © 2008 Piper Jaffray & Co., 800 Nicollet Mall, 
      Suite 800, Minneapolis, Minnesota 55402-7020