Needham Funds 2006 Shareholder Conference Scheduled for October

19 in New York 
NEW YORK--(BUSINESS WIRE)--October 18, 2006
The Needham Funds 2006 Shareholder Conference will be held at the
University Club, 1 West 54th Street in New York, this Thursday,
October 19, from 7am-1pm. Needham portfolio managers Vince Gallagher
and James Kloppenburg will talk about their three funds, give a review
of the past year and discuss their outlook for 2007. After their
remarks, there will be a shareholder question and answer session. 
¶   Also speaking at the conference will be top executives from five
of the companies in which the Needham Funds invest, including: 

Lawrence Trachtenberg, EVP, CFO & Board Member
Mobile Mini, Inc. (MINI)

Neil F. Moses, EVP, CFO
Parametric Technology Corp. (PMTC)

Robert Weiler, President & CEO
Phase Forward, Inc. (PFWD)

Ralph Schmitt, CEO
Sipex Corp. (SIPX)

Thomas Vacchiano, Jr., CEO
X-Rite, Inc. (XRIT)

¶   Mr. Gallagher is the manager of the Needham Small Cap Growth Fund
(NESGX) and co-manager of the Needham Growth Fund (NEEGX). Mr.
Kloppenburg is the manager of the Needham Aggressive Growth Fund
(NEAGX) and co-manager of the Needham Growth Fund. 
¶   The conference is open to both institutional and individual
investors. To RSVP, please call 866-691-8263. 

                 About Needham Asset Management, LLC

¶   Needham Asset Management, LLC is a wholly owned subsidiary of The
Needham Group, Inc. and an investment management firm specializing in
investing in the equity securities of growth companies, with a focus
on the technology, healthcare, business services, and consumer
sectors. The firm's product offerings include public mutual funds,
limited partnerships and private equity funds. For more information,
please see 
Hewes Communications, Inc.
Tucker Hewes, 212-207-9451 
-0- Oct/18/2006 12:15 GMT
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