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    Press Release: September 9, 2006

    WR Hambrecht + Co; Announces Brian Bristol to Head Capital Markets

    San Francisco, CA, September 9, 2006WR Hambrecht + Co Today WR Hambrecht + Co announced that Brian Bristol has been appointed Head of Capital Markets.

    “Brian brings a unique perspective to his new role as head of Capital Markets,” said Clay Corbus, Co-CEO of WR Hambrecht + Co. “He has been a tireless ambassador for OpenIPO and has been involved in the development and marketing of all of our auction products, working intimately with various constituencies within the firm. He also has vast investment banking experience and is well-respected on the Street. We are fortunate to have someone with Brian’s background, integrity and credibility in a position that is so important to the continued success of our firm.”

    “I am very excited about expanding our marketing activities on OpenIPO even more broadly than has been possible to date,” said Brian Bristol, Head of Capital Markets at WR Hambrecht + Co. “As the Dutch auction continues to gain traction and deals proliferate, WRH+Co's enhanced capital markets efforts will also ensure that our clients enjoy impeccable execution.”

    With over twenty years of investment banking experience, Brian Bristol joined WR Hambrecht + Co in early 2004 from SoundView Technology Group where he was Head of Investment Banking. Prior to SoundView, Mr. Bristol headed the technology banking effort at Salomon Brothers, Inc. Mr. Bristol has a BA cum laude in English Literature from Yale University, a PhD and MA in English Literature from Princeton University and an MBA in Finance and Accounting from Columbia University.

    About WR Hambrecht + Co is an investment bank committed to using technology and auction processes to provide open and fair access to financial markets for all its clients. The firm’s impartial auctions, which allow the market to determine pricing and allocation, are dramatically changing the financial services landscape. WR Hambrecht + Co provides underwriting and advisory services for consumer, healthcare, technology and other emerging growth companies, as well as equity research, sales and trading, full-service and online brokerage and private equity offerings for institutions and individuals. WR Hambrecht + Co is headquartered in San Francisco with offices in Boston, Chicago, London, Montreal, New York, Philadelphia and Stamford, CT. The firm has financial backing from industry leaders including American Century, Crimson Ventures, epartners, Fidelity Ventures, Instinet Corporation, Novell, Park Avenue Equity Capital Partners, LP, Scudder Kemper, Texas Pacific Group, and W Capital Partners.


    Contact:Sharon Smith
    415-551-8606
    ssmith@wrhambrecht.com