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NEW YORK, May 3, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Piper Jaffray & Co. is pleased to announce it is holding its Hardware and Communications Conference May 10-11 in New York. The conference will feature management presentations from a wide range of established and emerging small, mid and large capitalization hardware and technology companies in analog mixed signal and multimedia semiconductors, electronic manufacturing, enterprise networking and voice over IP, communications technology and wireless technology sectors.

"We have a tremendous lineup of companies presenting at this year's Hardware and Communications Conference," said Joel Denney, head of Investment Research at Piper Jaffray. "Management teams will provide our clients a first-hand look at this ever-changing sector through presentations that will provide insight on earnings potential, competitive trends in the industry and future growth opportunities."

Companies scheduled to present and attend the conference include: 3D Systems Corporation, @Road, Inc., Advanced Analogic Technologies Incorporated, AMIS Holdings, Inc., ANADIGICS, Inc., Anaren, Inc., ASM International N.V., ASM Pacific Technology Limited, Asyst Technologies, Inc., ATMI, Inc., AudioCodes Ltd., Avanex Corporation, Avaya Inc., BE Semiconductor Industrial N.V., Bookham, Inc., Brooks Automation, Inc., California Micro Devices Corporation, CallWave, Inc., Cirrus Logic, Inc., Cree, Inc., Cypress Semiconductor Corporation, Eagle Test Systems, Inc., Entegris, Inc., F5 Networks Inc., Fairchild Semiconductor International Inc., Finisar Corporation, FormFactor, Inc., Freescale Semiconductor, Hittite Microwave Corporation, InterDigital Communications Corporation, Intevac, Inc., KLA- Tencor Corporation, Komag, Incorporated, Micrel, Incorporated, Microchip Technology, Incorporated, Microsemi Corporation, Motorola, Inc., NMS Communications Corporation, Nokia Corporation, O2Micro International Limited, OmniVision Technologies, Inc., Openwave Systems Inc., Oplink Communications, Inc., Packeteer, Inc., Palm, Inc., Pixelworks, Inc., Polycom, Inc., Power Integrations, Inc., Powerwave Technologies, Inc., QUALCOMM, Inc., Rackable Systems Inc., Radware Ltd., Research in Motion Limited, RF Micro Devices, Inc., Rudolph Technologies, Inc., Sierra Wireless, Inc., Silicon Laboratories, Inc., Sirenza Microdevices, Inc., Staktek Holdings, Inc., Standard Microsystems Corporation, STATS ChipPAC Ltd., Stratasys, Inc., Supertex, Inc., Tessera Technologies, Inc., Trident Microsystems, Inc., Trimble Navigation Limited, TriQuint Semiconductor, Inc., Ultra Clean Technology Holdings, Inc., Varian Semiconductor Equipment Associates, Inc., Volterra Semiconductor Corporation and Zoran Corporation.

Company and investor participation in the Piper Jaffray Hardware and Communications Conference 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 .

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 currently operates through two primary revenue-generating segments: Capital Markets and Private Client Services. The sale of the company's Private Client Services branch network, announced April 11, 2006 currently is pending. The company's Capital Markets business generates revenue through two groups, Corporate and Institutional Services and Public Finance Services. Through its chief operating subsidiary, Piper Jaffray & Co., the firm has served corporations, government and nonprofit entities, institutional investors and the financial advisory needs of private individuals since 1985. With headquarters in Minneapolis, Piper Jaffray has approximately 2,800 employees in 107 offices in 23 states across the country and in London. For more information about Piper Jaffray, visit us online at .

Since 1895. Member SIPC and NYSE.

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Susan Beatty, Media Relations of Piper Jaffray, +1-612-303-5680