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Non-Tech : Ashton Technology (ASTN)

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To: M.R. Davis who wrote (1409)5/27/1999 11:18:00 PM
From: Nanchate   of 4443
 
Meet ATG's Leadership:

A good part of performing DD on a stock is to check out its leadership. The following is a link to Ashton's Home Page.http://www.ashtontechgroup.com/ATGHome.html Click on "Leadership" in the center and top of the page. Check out the history of these folks running this company and their experience in the field as well as backgrounds. The following is the bio on Fredric W. Rittereiser CEO of Ashton Technology Group. (A more extensive outline of the entire leadership is to be found at the hyperlink above.)

Fredric Rittereiser serves as Chairman of the Board and Chief Executive Officer of Ashton Technology Group, Inc. (ATGE. He is a co-founder of ATG, Universal Trading Technologies Corporation (UTTCE and Gomez Advisors, Inc. Mr. Rittereiser has led the product development efforts of UTTC and is directly responsible for the concepts behind the volume weighted average price (VWAP®) trading system (VTSE, electronic auction system (EASE and electronic public limit order book (ePLOBE. Further, Mr. Rittereiser has been responsible for ATG's strategic initiatives concerning the Chinese market, E.Com and the conceptualization of the Electronic Market Center (eMCE. In addition to his strategic responsibilities, Mr. Rittereiser has led all of ATG's financing, marketing and executive recruiting efforts.

Prior to the founding of ATG, Mr. Rittereiser served as a special consultant to Booz•Allen and Hamilton Inc.'s technology practice where he focused on the financial services industry's use of encrypted online transaction systems.

Mr. Rittereiser has over 30 years of experience in the financial services industry having served as the President of Sherwood Group, Troster Singer, and Instinet. During his career as a senior executive on Wall Street, Mr. Rittereiser raised capital for over 20 companies and served on the Board of numerous private and public companies. From 1972 through 1980, Mr. Rittereiser was active on numerous committees of the National Association of Securities Dealers, Inc. including: National Market System, Ethics, Options, Arbitration and Corporate Finance.

Mr. Rittereiser is considered a pioneer in the field of electronic trading systems for the financial markets. While President of Instinet, Mr. Rittereiser was responsible for Instinet's two most successful products Ea liquid trading system for NASDAQ securities and the first crossing network. In addition, Mr. Rittereiser introduced Instinet to a number of domestic and international exchanges. Mr. Rittereiser was responsible for Instinet's strategic acquisition by Reuters.


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