Deutsche Bank Enters Agreement with Lewtan Technologies

Industry Leaders to Collaborate on Technology Solutions for Global Structured Finance Markets

For Immediate Release

Contact:
Jay Lebed
Lewtan Technologies, Inc®
781-672-1130
jlebed@lewtan.com
www.lewtan.com

September 5, 2000, Waltham, MA - Lewtan Technologies ("Lewtan"), Deutsche Bank AG announced today that it has entered into an agreement with Lewtan Technologies, Inc, a Boston-based software and internet company specializing in the asset-backed securities market. Under the terms of the agreement Deutsche Bank has taken an equity stake in Lewtan, and the bank’s Corporate Trust & Agency Services (CTAS) business will work with Lewtan to develop new applications for servicing the structured finance markets globally. The agreement will lead to the introduction of innovative web-based solutions for the securitization industry as early as the fourth quarter of 2000.

Dinkar Jetley, global head of the Corporate Trust & Agency Services business at Deutsche Bank, said, "This partnership with Lewtan is a perfect fit for us. Lewtan is a pioneer in developing technology and web-based applications for the structured finance market, and CTAS is a leader in providing the market with trust and administrative solutions. By working together we will bring a new dynamic to servicing the needs of the securitization industry. This further strengthens Deutsche Bank’s position as a leading corporate trust provider for complex, structured products, and demonstrates our unequivocal commitment to remaining at the forefront of the corporate trust business."

Stuart Lewtan, President and CEO of Lewtan Technologies, said "We're thrilled to be partnering with Deutsche Bank. Their CTAS business has a long track record of leadership in the structured finance industry. Working closely together, we will enable industry participants to conduct business more nimbly and more efficiently through web-based solutions that are seamlessly integrated with administrative services. Lewtan is more committed than ever to raising the bar in securitization technology innovation. This partnership will help Lewtan continue to deliver on that commitment."

About Lewtan Technologies, Inc.

Lewtan Technologies, Inc.® is the leading provider of software, data and analytics to the global securitization industry. Founded in 1986, Lewtan serves over 200 securitization customers worldwide. In 1999, Lewtan, working with an industry consortium including Standard "&" Poor's, Fitch, Bank One and others, launched ABSNet (www.absnet.net). ABSNet is now the leading Internet source of structured finance news, data, research and analytics, with over 6,000 users in more than 50 countries. Lewtan offers industry participants "Powered by ABSNet" solutions that leverage ABSNet's web infrastructure, database and user base. Solutions benefit issuers, CDO collateral managers, dealers, investors, credit enhancers, trustees, rating agencies and asset-backed CP conduit sponsors.