Piper Jaffray to Host Third Annual China Internet and Technology Conference in Beijing

Piper Jaffray to Host Third Annual China Internet and Technology Conference in Beijing

February 23, 2006

    BEIJING, Feb. 23 /Xinhua-PRNewswire/ -- Piper Jaffray
& Co. is pleased to announce it is holding its third
annual China Internet and Technology Conference February 28
- March 2 in Beijing.  The conference will focus on
opportunities and challenges in the China Internet and
technology industry in 2006 and beyond. 

    Growth for Chinese Internet companies has brought both
opportunities and challenges in the past year.  In
particular, these companies are seeing the increasing cost
of success, including declining margins as expenses
increase due to competition.  At the same time, core market
demands remain healthy.  These topics will be addressed in
presentations and panels of management teams of public and
private Internet, semiconductor and hardware companies
operating in China, as well as presentations from
economists, regional and international private equity
funds, industry experts and officials from regulatory
agencies.
  
    Among focus areas to be discussed are the following key
themes: increasing broadband penetration in China and its
impact for media consumption; the impact of China's economy
moving from a manufacturing economy toward a consumer-based
one; the expanding value chain of semiconductor
manufacturing; wireless value-added services potentially
reaching an inflection point and the growth trajectory; the
timing of network upgrades to 3G services and impact to
wireless handset and infrastructure suppliers; and the
potential for search in China. 

    "We look forward to hosting our third annual China
Internet and Technology Conference in Beijing this
year," said Safa Rashtchy, senior Internet and media
marketing analyst at Piper Jaffray & Co.  "This is
a great forum for technology investors who want exposure in
China.  Given our focus on the entire Internet and
technology supply chain, investors will have the
opportunity to explore multiple areas.  This year, we will
also introduce new and developing areas of interest, such
as music and entertainment, 3G wireless, consumer devices,
alternative energy and security technology."

    Companies scheduled to present include: 51job, Inc.,
6688.com, Actions Semiconductor Co., Ltd., Advanced
Analogic Technologies Incorporated, Allyes AdNetwork,
Analogix Semiconductor Inc., Analysys, ASAT Holdings
Limited, Baidu.com, Inc., BaiHe Limited, C2 Capital
Corporation, China Interactive, China Techfaith Wireless
Communication Technology Limited, China Unistone
Acquisition Corp., ChipMOS Technologies Ltd., Cirrus Logic,
Inc., Comtech Group, Inc, CSMC Technologies Corporation,
Ctrip.com International Inc., DangDang.com, eBay Eachnet,
eLong, Inc., Ericsson, Focus Media Holding Limited, Grace
Semiconductor Manufacturing Corporation, GSR Ventures,
Huawei Technologies Co., Ltd., Hurray! Holding Co. Ltd.,
Intel Capital, KongZhong Corporation, Linktone Ltd.,
MagnaChip Semiconductor, Mobile Internet Partners Limited,
Motorola, Inc., NetEase.com, Inc., Nokia Corporation,
O2Micro International Limited, Pacific Epoch, R2G,
Semiconductor Manufacturing International Corporation,
Shanda Interactive Entertainment Limited, SHENZHEN POWERCOM
Co. Ltd., SiliconCore Technology, SinoMOS Semiconductor
(Nigbo), Inc., SmartPay, Softbank Asia Infrastructure Fund
(SAIF), Sohu.com Inc., Spreadtrum Communications Inc.,
STATS ChipPAC Ltd., Suntech Power Holdings Co., Ltd.,
Supreme Industries, Inc., The9 Limited, TOM Online Inc.,
Vimicro International Corporation, Walden International,
YeePay.com, Yingli Solar, Yucheng Technologies Company and
Zhaopin Ltd.  Additional companies have also been invited
to present. 

    Company and investor participation in the Piper Jaffray
China Internet and Technology 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 [e-mail] . 

    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 operates through two primary
revenue-generating segments: Capital Markets and Private
Client Services.  Piper Jaffray & Co. has served
corporations, government and non-profit entities,
institutional investors and the financial advisory needs of
private individuals since 1895.  With headquarters in
Minneapolis, Piper Jaffray has approximately 2,900
employees in 107 offices in 23 states across the country
and in London.  For more information about Piper Jaffray,
visit us online at http://www.piperjaffray.com .

    Since 1895. Member SIPC and NYSE.

    For more information, please contact:

     Susan Beatty, Media Relations,
     Piper Jaffray
     Tel: [phone]

SOURCE  Piper Jaffray & Co.