Energy Industry Veteran Returns to SNW Team

Northwest Regional Firm Expands Energy Financing Group

SEATTLE, April 20 /PRNewswire/ — SNW (Seattle-Northwest Securities Corp.), the Northwest’s leading investment banking firm, today announced the hiring of Jeb Spengler as a Vice President in their Seattle Public Finance office. Mr. Spengler will join SNW’s Energy Group.

“Jeb previously worked with SNW for a six-year period. We loved his work then and are excited that he has returned to be part of our Energy Group. His addition adds incredible depth to our energy team along with significant regional utility district banking experience,” said Richard Schober, Managing Director of SNW’s Public Finance division.

Mr. Spengler has provided banking and advisory services for energy and utility clients since 2000. Mr. Spengler’s public power advisory and underwriting experience includes, among others, clients such as Energy Northwest, Los Angeles Department of Water & Power, EWEB, Douglas County PUD, Franklin County PUD and Grays Harbor County PUD. Mr. Spengler has provided analysis and advisory services to entities such as the Alaska Railroad Corporation on their inaugural capital markets transaction, Bonneville Power Administration in their implementation of a transmission system financing program, and the Western Generation Agency in its refinancing of multiple series of cogeneration project revenue bonds.

Mr. Spengler is an associate member of NWPPA and WPUDA and holds a B.A. degree in business administration with an emphasis in finance and a minor in economics from the University of Montana. He also holds NASD Series 52 and Series 63 licenses.

About SNW (Seattle-Northwest Securities Corp.)

SNW was founded in 1970 as an employee owned broker-dealer committed to the communities of the Northwest. The firm specializes in investment banking, tax-exempt underwriting and sales, and trading and sales of taxable product municipal securities. The firm also provides fixed income asset management services through a wholly-owned subsidiary, SNW Asset Management. SNW has the largest trading desk in the Northwest, trading roughly $300 million in bonds daily. With offices in Seattle, Portland, Boise, and Salt Lake City and Los Angeles, SNW is committed to meeting the investment and financial needs of institutions, corporations, municipalities, agencies and individuals throughout the Western US. More information about SNW is available at www.snwsc.com.

SOURCE Seattle-Northwest Securities Corp.