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MINNEAPOLIS, Sept. 21 /PRNewswire-FirstCall/ -- Piper Jaffray & Co. is pleased to announce that William Quirk has joined the firm as a senior research analyst covering medical diagnostics. Quirk will be located in the firm's headquarter office in Minneapolis.

Quirk joins the firm from RBC Capital Markets, where he was a senior research analyst covering medical devices with a focus on diagnostics. Prior to that, he was a research analyst at Paine Webber in New York.

"We are excited to have Bill join our health care team in investment research," said Joel Denney, head of Investment Research at Piper Jaffray. "Bill has demonstrated tremendous expertise in covering the medical diagnostics sector and we look forward to him bringing his knowledge and leadership in this area to our team."

Quirk received a master's of business administration degree from the Carlson School of Management at the University of Minnesota and a bachelor's degree in business administration and economics from St. Norbert College in DePere, Wis. Quirk holds the chartered financial analyst (CFA) designation.

Additionally, David Clair is joining Piper Jaffray as an associate research analyst working with Quirk to cover medical diagnostics. Clair joins the firm from RBC Capital Markets.

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 24 offices across the United States and offices in Madrid and London. Piper Jaffray & Co. is the firm's principal operating subsidiary. (NYSE: PJC) (

Since 1895. Member SIPC and NYSE.

SOURCE  Piper Jaffray & Co.
    -0-                             09/21/2006
    /CONTACT:  Susan Beatty, Media Relations, Piper Jaffray & Co.,
+1-612 303-5680/
    /Web site:

CO:  Piper Jaffray & Co.
ST:  Minnesota

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