Piper Jaffray Asia Continues to Grow its Research Capabilities with the Addition of Phoebe Wong and Eric Lau

HONG KONG--(Business Wire)--
Piper Jaffray Asia continued to grow its research capabilities with the addition
of Phoebe Wong and Eric Lau as senior research analysts. Wong will lead the
firm`s China and Hong Kong consumer research group, and Lau will cover
industrial growth with focus on capital goods and the PRC automobile industry.

Wong brings more than 14 years experience in the securities industry. She
previously worked at Lehman Brothers as a senior research analyst and acting
coordinator of its consumer sector. Prior to that, she worked at Nomura as a
senior analyst. Wong was ranked in AsiaMoney as a top-ten best regional consumer
analyst and in the Starmine survey as the best earnings estimator for overall
markets and scored high in the Institutional Investor - Asia consumer team.

Lau joins Piper Jaffray after serving as head of China and Hong Kong industrial
research at Deutsche Bank. He was previously associate director of
industrial/technology research at UOB Kay Hian Ltd. and was a senior research
analyst at DBS Vickers Ltd.

"We are committed to providing clients industry-leading research analysis, and
the addition of Phoebe and Eric provide important growth for Piper Jaffray Asia
as we continue to build out our research capabilities," said Derrick Lau, Head
of Securities at Piper Jaffray Asia.

Wong holds a bachelor degree of commerce from the University of Melbourne and is
a certified public accountant in Hong Kong and Australia. Lau earned a
bachelor`s degree in electronic engineering from City University in Hong Kong
and a masters of business administration from University of Hull in the United
Kingdom.

About Piper Jaffray Asia

Piper Jaffray Asia is the Asia business of U.S.-based Piper Jaffray Companies, a
leading, international middle market investment bank and institutional
securities firm. Piper Jaffray Asia is headquartered in Hong Kong with an office
in Shanghai. Its primary focus is raising capital for and providing financial
advisory services to companies in Greater China. Piper Jaffray Asia focuses on
the China middle market and has a performance record of executing significant
book-run transactions for clients in the Greater China Region. Piper Jaffray
Asia comprises three operating entities in Hong Kong (Piper Jaffray Asia
Limited, Piper Jaffray Asia Securities Limited, and Piper Jaffray Asia Futures
Limited) and the Shanghai Representative Office of Piper Jaffray & Co.

About Piper Jaffray

Piper Jaffray Companies (NYSE: PJC) 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. Piper
Jaffray headquarters are located in Minneapolis, Minnesota, with offices across
the U.S. and in London, Hong Kong and Shanghai. (www.piperjaffray.com)

Piper Jaffray
Media Relations:
Rob Litt, 612-303-8266

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