Brad McNamee Promoted to Vice President of Product Management at Lewtan Technologies

McNamee brings over nine years of product knowledge to 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 promotion of Brad McNamee as its Vice President of Product Management. Mr. McNamee will be responsible for managing Lewtan's product suite of securitization solutions. Brad has a nine-year history with Lewtan during which time he has been responsible for, or at least worked closely with, every one of the company's products.

Lewtan Technologies envisions its product suite to serve as the operations, communication and collaboration infrastructure for the securitization industry. One aspect of McNamee's new role will be to carry out this goal. He will be working closely with product managers to organize and execute individual product plans while maintaining the company's overall vision.

"We are extremely confident that Brad's ability to execute a product strategy and his vision for the future will position Lewtan as the premier technology provider for the securitization industry," states Stuart Lewtan, CEO of Lewtan Technologies.

McNamee's promotion is one of many additions to the Lewtan management team in recent months. John McNamara was named to fill the role of Vice President of Product Development in March.

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.