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John McNamara To Join Lewtan Technologies as Vice President of Product Development

Lewtan Technologies continues to expand its proficient management team

For Immediate Release

Contact:
Jay Lebed
Vice President, Finance & Planning
Lewtan Technologies, Inc®
781-672-1130
jlebed@lewtan.com
www.lewtan.com

February 21, 2001, Waltham, MA - Lewtan Technologies ("Lewtan"), the leading provider of technology, data and analytics to the global Securitization market, today announced the appointment of John McNamara as its Vice President of Product Development. Mr. McNamara will be responsible for leading Lewtan's product development team in the creation of future products as well as the transformation and enhancement of current solutions. McNamara will report directly to Stuart Lewtan, Chief Executive Officer of Lewtan Technologies.

Mr. McNamara joins Lewtan from Engage, Inc., a CMGI company, where he was the Executive Vice President of Engineering. He brings experience leading Product Management, Development, Quality Assurance, Technical Writing, and Operations teams to Lewtan. Additional experience includes Management positions at FTP Software, Process Software Corp., and MITRE. McNamara has been active in the development and implementation of software solutions for nearly twenty years.

"I am very excited to join a company that has been invaluable to its market for so long," states McNamara. "Lewtan Technologies has been part of the communication and technology infrastructure of the securitization industry for fifteen years." McNamara will be critical in transitioning Lewtan's desktop products to ASP (Application Service Provider) solutions.

McNamara's joining Lewtan is one of many additions to the Lewtan management team in recent months. Brad McNamee was promoted to Vice President of Product Management in February.

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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