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MINNEAPOLIS, April 20 /PRNewswire-FirstCall/ -- Piper Jaffray & Co., a focused securities firm, will participate in National Teach Children to Save Day Thursday, April 22. This is the fourth year Piper Jaffray has participated in the program that was originally developed by the American Bankers Association Education Foundation in 1997.

Piper Jaffray has developed its own fun and interactive curriculum to present to children in fourth and fifth grades. The program was developed to introduce the important concepts of saving and investing money at an early age. Approximately 60 Piper Jaffray employees will visit over 70 classrooms across the United States on National Teach Children to Save Day.

"Piper Jaffray is committed to our communities and helping students develop skills regarding saving at an early age," said Paul Grangaard, head of Private Client Services business of Piper Jaffray. "National Teach Children to Save Day introduces the concepts of saving, spending and sharing money, which are three necessities to a healthy financial future for today's young people."

During the presentation, Piper Jaffray employees will introduce financial basics by using a brainteaser as well as introducing the concepts of stocks and bonds through interactive exercises. Finally, the children receive a Moneybox, which has three sections -- saving, spending and sharing. "The Moneyboxes are a great tool to show children there is more than just spending money, that they can also use their money to help others in their community," said Grangaard.

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 111 offices in 23 states across the country and in London, England. For more information about Piper Jaffray, visit us online at www.piperjaffray.com .

Since 1895. Member SIPC and NYSE.

SOURCE  Piper Jaffray & Co.
04/20/2004
CONTACT:  Susan Beatty, Public Affairs and Media Relations of Piper
Jaffray, +1-612-303-5680
Web site:  http://www.piperjaffray.com