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U.S. Bancorp Piper Jaffray Celebrates 30 Years in Seattle

SEATTLE, July 17 /PRNewswire/ -- U.S. Bancorp Piper Jaffray(Piper Jaffray) today celebrates 30 years of serving clients in the state ofWashington. Piper Jaffray, founded in 1895, established its presence inJuly 1972 with the opening of its Seattle office, which now has more than100 employees. Piper Jaffray has more than 230 employees in its 13 Washingtonstate offices.

(Photo: http://www.newscom.com/cgi-bin/prnh/20020717/SFW095 )

To commemorate the anniversary and thank the greater Seattle community forthe long-standing history of partnership, the firm has made a $20,000 donationto the local Make-a-Wish Foundation.

"We are thrilled to celebrate 30 years of service in Seattle with thisdonation to the Make-a-Wish Foundation," said Andrew Duff, chief executiveofficer at Piper Jaffray. "This contribution truly symbolizes our strongcommitment to serving and contributing to the communities in which we live andwork. We have enjoyed our three-decade partnership with the Seattle communityand look forward to continued success."

"Piper Jaffray is honored to be able to sponsor a child's wish throughthis wonderful organization," said Tim Chervenak, regional director andSeattle branch manager at Piper Jaffray. "We were touched to watch ourSeattle-area employees voluntarily match their personal funds with thecorporate donation to demonstrate their commitment to serving this community."

U.S. Bancorp Piper Jaffray, a subsidiary of Minneapolis-basedU.S. Bancorp, provides a full range of investment products and services tobusinesses, institutions and individuals. The company's investment bankingbusiness has grown exponentially in the last several years by focusing on theneeds of growth companies in the health care, technology, financialinstitutions, consumer and industrial growth sectors. U.S. Bancorp PiperJaffray has a national reputation for its expertise in fundamental researchand equity and debt financing. U.S. Bancorp offers a comprehensive range offinancial solutions through U.S. Bank, U.S. Bancorp Asset Management, U.S.Bancorp Libra Investments and U.S. Bancorp Piper Jaffray. Securities productsand services offered through U.S. Bancorp Piper Jaffray, Inc., member SIPC andNYSE, Inc., a subsidiary of U.S. Bancorp.

NOTE: Nondeposit investment products are not insured by the FDIC, are notdeposits or other obligations of or guaranteed by U.S. Bank NationalAssociation or its affiliates, and involve investment risks, includingpossible loss of the principal amount invested. Securities products andservices are offered through U.S. Bancorp Piper Jaffray Inc., member SIPC andNYSE, Inc., a subsidiary of U.S. Bancorp.
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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.



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