Lewtan Technologies appoints Dinkar Jetley, Robert Cohen to Board

Veterans of Fixed Income Industry to Enhance Lewtan's Board

For Immediate Release

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

January 8, 2001, Waltham, MA - Lewtan Technologies ("Lewtan"), today announced the appointment of Dinkar Jetley of Deutsche Bank and Robert Cohen of Freeman & Co. to its board of directors. Lewtan and Deutsche Bank recently announced a partnership to work cooperatively in creating web-based solutions for the Collateralized Debt Obligation (CDO) market and other parts of the Structured Finance Industry. Mr. Jetley's appointment is a result of that partnership. The two appointments compliment Lewtan's existing board of Industry veterans by adding decades of experience in key roles with structured finance leaders such as Deutsche Bank, Citibank, CS First Boston, Goldman Sachs, and Chase Securities.

Robert Cohen is one of two senior partners at Freeman & Co., a consulting and financial advisory firm. This position follows over 25 years in the Fixed Income Securities Industry, specifically in sales, trading, and senior management roles. Mr. Cohen held several senior positions at CS First Boston (then The First Boston Corporation) and Goldman Sachs before moving to Chase Securities where he served as Senior Vice President and head of the U.S. Fixed Income Division and was a member of the Chase Securities' Board of Directors.

Managing Director at Deutsche Bank, Dinkar Jetley is the Global Head of the bank's Corporate Trust & Agency Services (CTAS) business, a leading provider of trust and administrative services to participants in the Structured Finance markets globally. Prior to joining Deutsche Bank in September 1999, Mr. Jetley spent 14 years with Citibank in multiple capacities including consumer and corporate banking across Europe and North America.

Stuart Lewtan, President and CEO of Lewtan Technologies, commented, "I am thrilled to have Dinkar and Bob join our board. I know that each of them will make an enormous contribution to the company. We want to make ABSNet and the applications that run on the platform an integral part of the infrastructure to the Securitization Industry."

Several key partnerships have been critical to Lewtan's success, and new alliances with Industry leaders will drive the growth of both Lewtan and the Securitization marketplace. "Dinkar works closely with many of the key players at these institutions, and will be a pivotal advisor as we structure mutually beneficial partnerships. In order to establish a role for ABSNet in the advent of Internet-based bond trading, dealer relationships will be critical. Bob's deep knowledge of the dealer community and fixed income sales and trading will be invaluable," says Stuart Lewtan.

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.