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MENLO PARK, Calif., June 3 /PRNewswire/ -- Piper Jaffray & Co. is pleased to announce William (Bill) Lu has joined the firm as a senior research analyst covering semiconductor capital equipment companies. He will be based out of the firm's Menlo Park, Calif., office.

"Bill is a wonderful addition to our well-established technology research platform," said Mike Ott, head of Equity Research at Piper Jaffray. "He brings to the firm a deep understanding of the semiconductor capital equipment space and tremendous experience as a research analyst."

Lu joins Piper Jaffray after having spent five years at Morgan Stanley in San Francisco, most recently as a senior research analyst covering the semiconductor capital equipment space. In addition, he worked at Applied Materials in Santa Clara, Calif., as an engineer. Lu is fluent in Mandarin Chinese and graduated from the University of California, Berkeley with a bachelor's degree in mechanical engineering. In addition, he holds a master's degree in mechanical engineering from Stanford University in Palo Alto, Calif., and a master's of business administration from the University of California, Los Angeles in Westwood, Calif.

Headquartered in Minneapolis, Piper Jaffray & Co., a subsidiary of Piper Jaffray Companies, 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 approximately 3,000 employees in 111 offices in 23 states across the country and in London, England. For more information about Piper Jaffray, visit us online at http://www.piperjaffray.com .

Since 1895. Member SIPC and NYSE.

SOURCE  Piper Jaffray & Co.
CONTACT:  Dana H. Wade, Public Affairs and Media Relations of Piper
Jaffray & Co., +1-415-277-1556
Web site:  http://www.piperjaffray.com