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MINNEAPOLIS, Aug. 24 /PRNewswire-FirstCall/ -- Piper Jaffray & Co. is pleased to announce that Bill Zinsmeister has joined the firm as a vice president and senior research analyst covering technology services, which is a new coverage area within the Piper Jaffray technology research platform. Senior Research Analyst Brett Manderfeld will continue to cover the technology and business services sector for the firm. Zinsmeister is based out of the firm's Minneapolis office.

Zinsmeister was most recently a senior analyst covering computer services and information technology (IT) consulting at Deutsche Bank Securities in Baltimore. He started at Deutsche Bank in 1998, when he was a member of Alex. Brown's Technology Group. Prior to Alex. Brown, Zinsmeister was a research manager at International Data Corporation in Framingham, Mass.

"Bill is a wonderful complement to our well established services team," said Michael Ott, head of Equity Research at Piper Jaffray. "Given his extensive experience, we look forward to him launching coverage of the sector and adding tremendous value to our clients."

Zinsmeister graduated Cum Laude from American University in Washington, D.C. and earned his master's of science degree in economics from the London School of Economics in London.

Piper Jaffray & Co. is the chief operating subsidiary of Piper Jaffray Companies (NYSE: PJC), 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. Piper Jaffray & Co. has served corporations, government and non-profit entities, institutional investors and the financial advisory needs of private individuals since 1895. Headquartered in Minneapolis, Piper Jaffray has approximately 3,000 employees in 111 offices in 23 states across the country and in London. 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 Wade, Public Affairs and Media Relations of Piper Jaffray,
415-277-1556; Web site: http://www.piperjaffray.com