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D.A. Davidson & Co. Adds Diffely to Research Team.

Analyst Covers Semiconductor Capital Equipment, Technical Design Software

LAKE OSWEGO, Ore. -- D.A. Davidson & Co., the largest full-service investment firm based in the Northwest, today announced that Tom Diffely has joined its institutional research team to establish and provide coverage of semiconductor capital equipment and technical design software companies. Diffely serves as Vice President, Senior Research Analyst, and works from the firm's Lake Oswego, Oregon office.

"The semiconductor equipment and software areas continue to be critically important areas and Tom's coverage will complement our existing technology research," said Doug Woodcock, President of Equity Capital Markets for D.A. Davidson. "He brings great industry expertise and experience and is a great addition to our team."

D.A. Davidson's institutional research team provides coverage of public companies across several important sectors, with 16 analysts following 217 companies. Several Davidson analysts have been named to lists of top U.S. equity analysts in recent years.

Diffely previously spent a decade as an equity analyst at Merrill Lynch in San Francisco, where he covered a variety of semiconductor equipment names, and three years as a global product manager at Applied Materials. He received an honorable mention in Institutional Investor magazine's survey of the top semiconductor and semiconductor capital equipment analysts in 2006 and 2007. He earned a bachelor's degree in engineering from Harvey Mudd College, received an MBA from the Haas School of Business at the University of California-Berkeley, and holds the Chartered Financial Analyst designation.

D.A. Davidson's Equity Capital Markets Group is based in Lake Oswego and provides a suite of capital markets services that include investment banking, institutional sales, trading, research and corporate services. The firm's research is supported by professional sales and trading, including market making. D.A. Davidson's investment banking team underwrites public offerings, serves as a placement agent for private financings and advises companies across the United States on mergers and acquisitions.

About D.A. Davidson & Co.

D.A. Davidson is a full-service investment firm celebrating its 75th anniversary throughout 2010. The employee-owned firm is the largest of five firms within Davidson Companies, a Montana-based financial services holding company with offices in 16 states. Also part of Davidson Companies are Davidson Trust Co., a trust and estate planning company; Davidson Investment Advisors, a professional money management firm; Davidson Fixed Income Management, a registered investment adviser providing fixed income services to mostly institutional clients; and Davidson Travel, a full-service travel agency.
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Publication:Business Wire
Geographic Code:1U9OR
Date:May 11, 2010
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