PJC Piper Jaffray Companies

SHENZHEN, China, Feb. 27 /PRNewswire-FirstCall/ -- Comtech Group, Inc. (NASDAQ:COGO), a leading provider of customized module design solutions, today announced that Jeffrey Kang, the Company's Chief Executive Officer and Hope Ni, the Company's Chief Financial Officer, will present at the Piper Jaffray 2006 China Internet and Technology Conference at the St. Regis Hotel in Beijing, on March 1st. The Company's presentation is scheduled for 1:30 p.m. Mr. Kang and Ms. Ni will discuss the Company's historical financial performance and recently announced new business initiatives. They will also elaborate on the Company's location based wireless search product launch and discuss additional opportunities within Comtech's addressable markets. Following the presentation, both Mr. Kang and Ms. Ni will be available for one-on-one meetings with analysts and investors. Participation or attendance at the Piper Jaffray China Internet and Technology Conference is by invitation only. Clients interested in attending should contact their Piper Jaffray representative. About the China Internet and Technology Conference The third annual China Internet and Technology Conference is scheduled for February 28 to March 2 in Beijing. The conference will focus on opportunities and challenges in the China Internet and technology industry in 2006 and beyond. The conference will feature 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. About Piper Jaffray 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 http://www.piperjaffray.com/ . About Comtech Comtech Group is a leading provider of customized module design solutions in China and serves as a gateway to leading electronics manufacturers in China. Comtech Group has historically focused on the mobile handset and telecom equipment end-markets, but has recently expanded its addressable market to include the consumer electronics end-markets. Over the last three years, Comtech has worked with over 200 customers. Comtech's customer base includes most of the largest and best-known manufacturers in the mobile handset, telecom equipment and digital consumer electronics end-markets in China. Safe Harbor Statement This press release includes certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include statements about our proposed inclusion in the Russell Microcap Index, which is subject to change. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions which are subject to change. For a further description of other risks and uncertainties, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov/. DATASOURCE: Comtech Group, Inc. CONTACT: Hope Ni, Chief Financial Officer, ; or Matthew Hayden, President, Hayden Communications, +1-858-704-5065, or , for Comtech Group, Inc. Web site: http://www.comtech.com.cn/

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