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NEW YORK, Jun 02, 2010 (BUSINESS WIRE) --Piper Jaffray announced today that it has hired Ahmar Zaman as senior research analyst covering solar and clean technologies companies. Zaman has over 10 years of industry and related experience. He will be based in New York and will cover a select list of small-, mid- and large-cap companies.

Zaman joins the firm from UBS Securities, where he served in a similar role as a lead solar and clean technologies analyst. Zaman is highly regarded for his global outreach, analytical rigor and overall knowledge of alternative energy solutions.

"Expanding the breadth and depth of coverage in the clean technology and renewables space reflects our ongoing commitment to responding to client needs and market opportunities," said Bob Peterson, global head of equities. "We look forward to having Ahmar on board to help with this effort."

Zaman holds a bachelors degree in finance from Arizona State University and masters of business administration degree from Babson College.

About Piper Jaffray
Piper Jaffray Companies (NYSE: PJC) is a leading, international investment bank and institutional securities firm, serving the needs of corporations, private equity groups, public entities, nonprofit clients and institutional investors. Founded in 1895, Piper Jaffray provides a broad set of products and services, including equity and debt capital markets products; public finance services; financial advisory services; equity and fixed-income institutional brokerage; equity research and fixed income analytics; and asset management services. Piper Jaffray headquarters are located in Minneapolis, Minnesota, with offices across the U.S. and in London and Hong Kong. Piper Jaffray & Co. is the firm's principal operating subsidiary. (www.piperjaffray.com)

Since 1895. Member SIPC and FINRA.

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SOURCE: Piper Jaffray Companies

Piper Jaffray Companies
Terry Sandven
AnalystMediaRelations@pjc.com