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FOR IMMEDIATE RELEASE Jefferies Hires Senior Analyst for Medical Device and Diagnostics Industry; Ryan A. Rauch Expands Firm's Research Effort in Healthcare NEW YORK--(BUSINESS WIRE)--March 7, 2005--Jefferies & Company, Inc. (Jefferies), the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced the hiring of Ryan A. Rauch as a Managing Director and Senior Equity Research Analyst. He will cover the Medical Device and Diagnostics Industry as part of the firm's overall research effort in the Healthcare Sector and is joined by Senior Associate Mark J. Richter in this effort. Mr. Rauch, who was ranked the #3 medical device analyst in the 2004 Best on the Street survey by The Wall Street Journal, will focus his coverage on medical device and diagnostic companies. With his addition, Jefferies and its affiliates now have four senior analysts in the U.S. and Europe focused on the Life Sciences segment of Healthcare, along with four senior analysts covering a range of industries within Healthcare Services. The firm's overall commitment in healthcare includes securities research and trading, as well as investment banking. With this addition, Jefferies and its affiliates now have 40 senior equity research analysts in the U.S. and Europe covering more than 600 companies in the areas of aerospace and defense, business, financial and IT services, consumer, energy, gaming, healthcare, industrials, media and entertainment, shipping, technology, and telecommunications. "Ryan Rauch has excellent relationships on Wall Street and greatly enhances Jefferies' franchise in healthcare," said Steven R. Black, Director of Equity Research. "He is highly regarded by the buyside and will immediately enable Jefferies to better serve our institutional clients." Mr. Rauch has covered the Healthcare Sector for nearly 10 years. Prior to Jefferies, he was a Managing Director and Senior Equity Analyst at SunTrust Robinson Humphrey for two years. Previously, Mr. Rauch held similar positions at Adams, Harkness & Hill, CIBC World Markets Corp., Pacific Crest Securities and Roth Capital Partners. He received his Bachelor of Arts at Yale University. Mr. Rauch will be based in Jefferies' New York headquarters office and will report to Mr. Black. About Jefferies Jefferies, a global investment bank and institutional securities firm, has served growing and mid-sized companies and their investors for over 40 years. Headquartered in New York, with more than 20 offices around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. The firm is a leading provider of trade execution in equity, high yield, convertible and international securities for institutional investors and high net worth individuals. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF; www.jefco.com). CONTACT: SOURCE: Jefferies & Company, Inc. |
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