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BOSTON — Oct. 16, 2006—Piper Jaffray & Co. investment banker Ike Papadopoulos will present at the 4th Annual New England Public Finance Conference Oct. 19-20 in Boston. Papadopoulos will participate in a panel on Thursday, Oct. 19 titled, “Swaps 101: Optimizing Your Debt Structure.”

The panel will discuss the basics of municipal derivatives and why more issuers are using them. The panel participants will also address the policies that should be put in place when using swaps in the fixed-income market. The moderator of the panel is J. Donald Rice Jr., president of Rice Financial Products Company. Papadopoulos will be joined on the panel by Tim McKeon of MBIA, Andrew McKendrick of Public Financial Management, Marko Issever of Bank of New York, and Jami Loh of MassDevelopment.

As vice president at Piper Jaffray, Papadopoulos serves public finance issuers in the Northeast from the firm's Boston office. He focuses on health care and higher education issues as well as in the governmental area. Prior to joining Piper Jaffray, Papadopoulos was the director of financing programs at the Massachusetts Health & Educational Facilities Authority where he was responsible for working with health care and higher education borrowers.

About Piper Jaffray
Piper Jaffray Companies is a leading, international middle market investment bank and institutional securities firm, serving the needs of middle market corporations, private equity groups, public entities, nonprofit clients and institutional investors. Founded in 1895, Piper Jaffray provides a comprehensive set of products and services, including equity and debt capital markets products; public finance services; mergers and acquisitions advisory services; high-yield and structured products; institutional equity and fixed income sales and trading; and equity and high-yield research. With headquarters in Minneapolis, Piper Jaffray has 25 offices across the United States and International locations in London, Madrid and Shanghai. Piper Jaffray & Co. is the firm's principal operating subsidiary. (NYSE: PJC; http://www.piperjaffray.com )

Since 1895. Member SIPC and NYSE.
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Rob Litt
Media Relations
Piper Jaffray & Co.
Tel: 612 303-8266