Oppenheimer Adds Technology Mergers & Acquisitions Group Led by Jason Hutchinson

  Oppenheimer Adds Technology Mergers & Acquisitions Group Led by Jason

Business Wire

NEW YORK -- August 5, 2013

Oppenheimer & Co. Inc., a unit of Oppenheimer Holdings (NYSE:OPY), today
announced that Jason "Hutch" Hutchinson has joined the firm as Managing
Director to lead the firm’s Technology Mergers & Acquisitions Group.Hutch
joins Oppenheimer as part of a team of bankers that includes Michael Lippert,
Executive Director, and will continue to deliver a wide range of M&A advisory
services to the Firm’s clients across all sectors of technology, media and
telecom. The team will be based in Oppenheimer’s San Francisco office.

"With their network of relationships and long track record of successfully
advising clients across the technology landscape, Hutch and his team
substantially expand both our Technology and M&A groups," said Marc Thompson,
Co-Head of Investment Banking and Head of Technology for Oppenheimer."The
team brings an unparalleled level of technology M&A expertise to our Firm,
having advised both large multi-billion public companies on the buyside and
represented more than 100 high growth technology companies on their sale to
strategic and financial buyers."

Hutch has represented and sold companies to major technology leaders such as
IBM, Oracle, Cisco, Microsoft, SAP, HP, Broadcom and Intel. He has worked on
deals ranging from $100 million to $20 billion, includingstrategic advisory,
exclusive sales, public company divestitures, leveraged buyouts, defensive
advisories and fairness opinions.Hutch has previously been a managing
director heading up the technology M&A group for Piper Jaffray and as
aManaging Director for the Technology M&A Group at Merrill Lynch.

"We’re excited to bring Hutch’s team on board as they instantly strengthen one
of Oppenheimer’s key sector franchises.At the same time, they will now be
able to better serve their extensive client base by delivering Oppenheimer’s
full suite of banking products," said Bruce McCarthy, Co-Head of Investment
Banking and Head of M&A.

"I am very excited about our team joining Oppenheimer.It’s one of the premier
investment banks with industry leading research in the technology sector as
well as a history of working with some of the fastest growing emerging
technology companies," says Hutch. "Oppenheimer offers its clients tremendous
industry insight combined with a full breadth of products and resources to
support and advise premier technology companies."

Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer
Holdings Inc. (OPY on the New York Stock Exchange), provides a full range of
wealth management, securities brokerage and investment banking services to
high-net-worth individuals, families, corporate executives, local governments,
businesses and institutions. For more information about Oppenheimer, please
visit our website at www.opco.com.

Certain statements in this release may constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements involve a number of risks, uncertainties and other factors
that could cause actual results to differ materially, as discussed in the
Company’s filings with the Securities and Exchange Commission.


Oppenheimer Holdings
Bruce McCarthy, 212-667-5564
Marc Thompson, 617-556-3717
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