PALO ALTO, Calif. – October 27, 2008 – Piper Jaffray will host its fourth annual Global Internet Summit Nov. 10-12 in Laguna Beach, Calif. This year’s summit, “The Internet Unplugged: Challenges and Opportunities,” will explore the opportunities for emerging players against the backdrop of a challenging macro-economic environment and the ways in which current market leaders are adapting to a rapidly changing Internet landscape.  

Through 14 interactive panel discussions, keynote presentations and institutional one-on-one meetings, more than 75 company executives, CEOs, entrepreneurs, visionaries, venture capitalists and industry experts, along with an exclusive group of investors, will discuss current Internet economy trends, winning business models, and the challenges faced as the consumer Internet matures and expands globally.

“Our conference think tank approach is unique compared to typical investor conferences – the goal is to provide investors with a deeper understanding of the Internet and media sector, company one-on-ones and face time with management teams,” said Gene Munster, senior research analyst at Piper Jaffray. “We will examine the ways in which market leaders are adapting to this environment, as well as the challenges and opportunities of an Internet that is no longer tethered to a PC.”

Munster and the Piper Jaffray technology research team, including senior research analysts James Marsh, Jr., Mark Murphy and Mike Olson, provide comprehensive coverage of the Internet and media, entertainment and telecommunications sectors. They focus on online media and search, media and entertainment, enterprise software, and online content, respectively.
  
Companies scheduled to present include: AKQA; Anystream Inc.; CBS Interactive;  CityMama™ Blog; Concur Technologies, Inc.; Digital River, Inc.; eBay Inc.; Efficient Frontier, Inc.;  Eforcity Corp.; eHarmony.Com, Inc.; Federated Media Publishing; Fox Entertainment Group; Friendster, Inc.; Glam Media, Inc.; Global Media Intelligence; Google, Inc.; Goplanit; GoTV Networks, Inc.; GSI Commerce,Inc.; hakia, Inc.; Hulu, LLC.; iCrossing Inc.; IndieZone; Internet Brands, Inc.; The Kelsey Group; The Knot; Limelight Networks; Macrovision Corporation; Marchex, Inc.; MOG Inc.; Motionbox, Inc.; Netflix, Inc.; Netsuite, Inc.; Newegg Inc.; Newsforce, Inc.; Omniture, Inc.; Orbitz Worldwide, Inc.; Orchard Enterprises, Inc.; Pandora Media, Inc.; Paramount Pictures Corp.; SEMPO; Shutterfly Inc.; Sonic Solutions; Sony Entertainment Inc.; Surf Canyon Inc.; TechTarget, Inc.; TiVo Inc.; TravelMuse, Inc.; U.S. Auto Parts Network, Inc.; Universal Music Group; Valueclick, Inc.; Veoh Networks, Inc.; VisionChina Media, Inc.; Vocus Inc.; Volomedia Inc.; Vudu, Inc.; Vuze Inc.; Warner Bros. Entertainment Inc.; Web.Com; WebVisible, Inc.; Yahoo! Inc.; and Zicasso, Inc.

Company and investor participation in the Piper Jaffray Global Internet Summit 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 Andrea Young at 612 303-6697 or andrea.m.young@pjc.com. Media registration will be limited for this event.

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. With headquarters in Minneapolis, Piper Jaffray has 28 offices across the United States and international locations in London, Hong Kong and Shanghai. Piper Jaffray & Co. is the firm's principal operating subsidiary. (www.piperjaffray.com)

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