For Immediate Release

News Release

 

NEW YORK, Feb. 8 /PRNewswire-FirstCall/ -- Piper Jaffray & Co. will host its second annual Opportunities in Alternative Energy Symposium Feb. 21, 2007, in New York City. The symposium will focus on industry and investment trends in solar, cleantech and biofuels through management presentations from leading public and private companies in the sector and industry panels. The symposium will also feature keynote addresses by Andy Karsner, assistant secretary for the Department of Energy's (DOE) Office of Energy Efficiency and Renewable Energy (EERE) and Hermann Scheer, member of the German parliament, general chairman of the World Council for Renewable Energy (WCRE) and president of EUROSOLAR, the European Association for Renewable Energy.

Karsner manages DOE's $1.17 billion energy efficiency and renewable energy program portfolio, which promotes the development and marketplace integration of renewable and environmentally sound energy technologies as well as the efficient use of the nation's energy resources. Karsner also supports the DOE's efforts on the Advanced Energy Initiative (AEI) announced by President Bush in his 2006 State of the Union address, which aims to accelerate breakthroughs in the ways Americans fuel their cars and power their homes and businesses.

Scheer is the author of Energy Autonomy, Policy Innovator and Global Leader in the Field of Renewable Energy as well as numerous other books. His work is dedicated to a broad shift in the energy basis of modern civilization: from fossil and nuclear resources to renewable energies and includes policy innovations such as the German Renewable Energy Act.

"Solar and cleantech remain one of the best secular growth trends in technology investing," said Jesse Pichel, senior technology research analyst at Piper Jaffray. "Though few technologies are competitive with grid electricity rates today, continuous technology and manufacturing improvements will allow grid parity in the foreseeable future. Our conference will offer clients the opportunity to better understand cost reductions, global policy and supply chain dynamics with presentations from more than 45 leading alternative energy companies with an emphasis on solar."

The symposium features five panels and special presentations: Emerging BioFuels Panel, Euro Solar Project Finance, US Solar Integrator Panel, Power Storage Panel and Power Electronics Panel.

Companies scheduled to present include: Active Power, Inc.; Akeena Solar, Inc.; aleo solar AG; Altair Nanotechnologies, Inc.; American Superconductor Corporation; Andersons, Inc. (The); Applied Materials, Inc.; Beacon Power Corporation; BP p.l.c.; Canadian Solar Inc.; Conergy AG; E.I. du Pont de Nemours and Company; EMCORE Corporation; Energy Conversion Devices, Inc.; EnerSys Inc.; ErSol Solar Energy AG; Evergreen Solar, Inc.; First Solar, Inc.; FuelCell Energy, Inc.; HydroGen Corporation; ITM Power; Konarka Technologies, Inc.; Medis Technologies Ltd.; MEMC Electronic Materials, Inc.; Metabolix, Inc.; Nova Biosource Fuels, Inc.; Open Energy Corporation; Ormat Technologies, Inc.; Phonix SonnenStrom AG; PlugPower Inc.; Power Integrations, Inc.; Power- One, Inc.; Q-Cells AG; Ramgen Power Systems, Inc.; Renesola Ltd.; Renewable Energy Corporation; SatCon Technology Corporation; SmartSynch, Ltd.; Solaicx; Solaria Corporation; SOLON AG; Spire Corporation; SunPower Corporation; Suntech Power Holdings Co., Ltd.; Ultralife Batteries, Inc.; and Xantrex Technology Inc.

Company and investor participation in the Opportunities in Alternative Energy Symposium is by invitation only. Clients interested in attending should contact their Piper Jaffray representative. Members of the media who would like to attend should contact Susan Beatty at 612 303-5680 or susan.l.beatty@pjc.com .

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 and Shanghai. The firm's UK operating subsidiary, Piper Jaffray Ltd., is authorized and regulated by the Financial Services Authority and is a member of the London Stock Exchange. Piper Jaffray & Co. is the firm's principal operating subsidiary. (NYSE: PJC) ( http://www.piperjaffray.com )

Since 1895. Member SIPC and NYSE.

SOURCE Piper Jaffray & Co.

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