Pacific Crest Securities Strengthens Investment Banking Team

         Pacific Crest Securities Strengthens Investment Banking Team

Firm Names Rodd Langenhagen and Tom Olivier as Managing Directors with Focus
on Software and Technology-Enabled Services

PR Newswire

PORTLAND, Ore., May 31, 2012

PORTLAND, Ore., May 31, 2012 /PRNewswire/ --Pacific Crest Securities, the
premier investment bank in technology, today announced the addition of Rodd
Langenhagen and Tom Olivier to the firm's software investment banking team.
They join as Managing Directors in the firm's Boston office.

Mr. Langenhagen and Mr. Olivier collectively bring more than 30 years of
technology-focused investment banking experience, most recently as long-time
members of Morgan Keegan Technology Group and its predecessor Revolution
Partners. They have advised on dozens of transactions including buy-side
acquisitions, strategic sales, financings, divestitures and joint ventures for
public and private companies, both domestically and internationally. They join
David Spitz and Michael O'Hare as senior members of a software investment
banking team which over the last year has completed public offerings, private
placements and M&A transactions for clients such as AppAssure, ExactTarget,
Splunk and TOA Technologies, among others.

"The addition of Rodd and Tom to our growing investment banking group is part
of our key objective to extend the team in software where we believe there are
significant growth opportunities," said Scott Sandbo, Chairman and CEO of
Pacific Crest Securities. "We exclusively focus on the high-growth segments
of technology and some of the most significant and exciting innovation is
happening in this sector. Rodd and Tom are deeply involved in the software
ecosystem and bring significant expertise and relationships in the space."

For the past 9 years, Mr. Langenhagen has worked at Morgan Keegan Technology
Group. As a Managing Director, he completed deals with Microsoft, WebMD,
Symantec, Trend Micro, GTE, Texas Instruments, the Carlyle Group and others.
He received his MBA from the Stanford Graduate School of Business and earned a
BSE in Engineering, magna cum laude, from Princeton University.

Prior to Pacific Crest, Mr. Olivier was with Morgan Keegan Technology Group
for 11 years. Mr. Olivier was also a Managing Director and advised on various
transactions involving companies such as Citrix, Cree, Excel Switching, McData
and NEC. He received his J.D., with honors, from George Washington University
and bachelor of science degree in economics from Boston College.

About Pacific Crest Securities

Pacific Crest is the premier investment bank for technology, operating at the
leading edge, where global connectivity is fueling an unprecedented expansion
cycle. We apply our unmatched knowledge of the drivers of value creation and
our global network of relationships to technology's high growth sectors, such
as global Internet, mobility, SaaS, cloud and big data, next gen
infrastructure and alternative energy. Our clients-- technology's foremost
institutional investors and market leading companies -- rely on us to achieve
superior returns and gain competitive advantage from the seismic shifts
occurring in technology. We have 175 employees and are headquartered in the
United States, with offices in Boston, New York, Portland, San Francisco and
Stamford, and International offices in Beijing and Taipei, as well as our
Pacific Epoch office in Shanghai.

Media Contact:
Jen McBee
Pacific Crest Securities

SOURCE Pacific Crest Securities
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