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Darren Lehrich Joins Firm as Senior Research Analyst Covering Health Care Facilities

NEW YORK, Feb. 11 /PRNewswire-FirstCall/ -- Piper Jaffray & Co. is pleased to announce that Darren Lehrich has joined the firm as a managing director and senior research analyst covering health care facilities. Lehrich will be based in the firm's New York office. His coverage area is comprised of a variety of healthcare service sub-sectors, including: the acute hospital, ambulatory surgery, outpatient dialysis, long-term/post-acute care and specialty healthcare services industries.

"We are excited to have Darren join our already established health care platform," said Mike Ott, head of Equity Research at Piper Jaffray. "Darren brings over six years of Wall Street experience as well as a professional and educational background in health care administration. He will be an excellent addition to the team."

Lehrich joins Piper Jaffray from SunTrust Robinson Humphrey, a division of SunTrust Capital Markets, where he served as a director in equity research since 2001. Prior to that, Lehrich was a senior analyst at ING Barings LLC. Before working on Wall Street, Lehrich served in a practice management role in the ambulatory care division at Memorial Sloan-Kettering Cancer Center, working with several of the hospital's prominent medical oncology practices.

Lehrich received his master's of business administration degree in management from Purdue University in West Lafayette, Ind., and his bachelor of science degree in health policy and administration from Pennsylvania State University in University Park, Pa.

Headquartered in Minneapolis, Piper Jaffray & Co., a subsidiary of Piper Jaffray Companies (NYSE: PJC), is a focused securities firm dedicated to delivering superior financial advice, investment products and transaction execution within selected sectors of the financial services marketplace. The company operates through two primary revenue-generating segments - Capital Markets and Private Client Services. Investment Research, an independent group reporting to the CEO, supports clients of both segments. The firm serves corporations, government and non-profit entities, and institutional investors on a national basis and serves the financial advisory needs of private individuals predominantly across the western half of the United States. The firm has over 2900 employees in 123 offices in 23 states across the country and in London, England. For more information about Piper Jaffray, visit us online at www.piperjaffray.com .

SOURCE Piper Jaffray & Co. CONTACT: Susan Beatty, Public Affairs and Media Relations of Piper Jaffray, +1-612-303-5680