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Lewtan Technologies has been named Technology
Provider of the year by International Securitisation Report
The International Securitisation Marketplace
Recognizes Lewtan's Contribution with Global Award
For Immediate Release
Contact:
Jay Lebed
Lewtan Technologies, Inc®
781-672-1130
jlebed@lewtan.com
www.lewtan.com
February 1, 2001, Waltham, MA - Lewtan
Technologies ("Lewtan"), the leading provider of software,
data and analytics to the global securitisation industry, has been
named the Technology Provider of the Year for 2000. The honor was
presented at the annual International Securitisation Report (ISR)
award dinner last night in London.
Awards are determined through surveys distributed
to professionals in the asset-backed industry ensuring a true reflection
of market sentiment. Over 5,000 industry participants were surveyed
to determine the winners.
Lewtan has a strong record of innovation in
securitisation technology. 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 serving over 6,000 users in 50 countries.
Most recently, Lewtan offers a range of "Powered by ABSNet"
solutions that leverage the market-tested ABSNet web infrastructure,
database and vast user base.
"We are extremely pleased to win this award
because it is a tremendous vote of confidence from our customers,
partners and industry peers," comments Stuart Lewtan, CEO of
Lewtan Technologies. "We also believe the industry is beginning
to embrace our vision of ABSNet as the communication, collaboration
and e-commerce network for the securitisation industry. We're eager
to continue rolling out the tangible results of this vision, whether
its "Powered by ABSNet" websites for trustees, conduit
sponsors and dealers, or fully web-enabled front office and back
office solutions that incorporate secure data sharing across the
ABSNet infrastructure."
International Securitisation Report, a Thomson
Financial company, has held annual securitisation awards since 1997.
ISR is acclaimed as the world's leading source of issuance information
for international asset-backed and mortgage-backed securities.
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.
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