Leibowitz, you should be asmames of yourself
Company Press Release StockUp.com Names Executive Vice President and Site Director Second-Generation Internet Technology Company Tabs Steven Leibowitz to Head Company's Financial Research and Educational Web Site Operation LAS VEGAS--(BUSINESS WIRE)--July 19, 1999-- StockUp.com(tm) Inc. (OTC BB:SKUP - news) Monday announced the appointment of Steven Leibowitz as executive vice president and site director.
Leibowitz will oversee StockUp.com's soon-to-become-available, state-of-the-art financial research and educational Web site. The site will complement the company's desktop information appliance, QuoteStream(TM), which was recently made available to the public free of charge at www.quotestream.com.
In his new position, Leibowitz will liaison between business, editorial and programming departments, to ensure all mandated functions requested by the various departments translate seamlessly into the Web site, the information appliance QuoteStream and other products being developed by StockUp.com.
Bridging the gap between business requirements as they relate to database and database management as well as the technical specifications has been Leibowitz's expertise.
His experience in data management and database design will be instrumental to StockUp.com and its product users, providing them maximum flexibility in customizing their data requests.
Leibowitz spent nine years at Salomon Brothers Foreign Exchange Desk, now part of Citigroup Inc.'s (NYSE:C - news) Salomon Smith Barney division in New York as vice president/Global Business Unit Manager and head of the Forex Technology Department. In this capacity, Leibowitz was responsible for all operational aspects of Salomon's global foreign exchange business.
During his tenure at Salomon, Leibowitz replaced the legacy mainframe systems with state-of-the-art global trading and risk management systems, resulting in an annual savings of approximately $15 million per year. The extensive amount of data stored in these proprietary databases served as the infrastructure from which a wide variety of global information needs were met throughout the firm.
Usage of this data included applications that monitored real-time market data for arbitrage opportunities, real-time risk management, counterparty credit exposure and automated trade capture. These systems and databases set a new standard of excellence throughout the firm.
As product manager at Bear, Stearns & Co. (NYSE:BSC - news) prior to joining Salomon Brothers, Leibowitz was responsible for technical support of the Government and Mortgage trading desks ULTRIX-based applications. He holds an NASD Series 7/63 Securities Sales License.
About StockUp.com
StockUp.com, a Microsoft (NASDAQ:MSFT - news) Certified Solution Provider, is an Internet technologies company that is actively developing second-generation Internet technology whose purpose is to increase and retain Web traffic and produce user customization for a wide range of Internet products. These technologies will be showcased on StockUp.com Web sites and will be made available for retail and licensing distribution at a later date.
Statements about the company's future expectations, including future revenues and earnings, and all other statements in the news release other than historical facts are ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results could differ materially from expected results.
StockUp.com, QuoteStream, the StockUp.com logo and QuoteStream logo are trademarks of StockUp.com Inc. Other companies and products may be trademarked by their respective company and therefore are protected by law.
-------------------------------------------------------------------------------- Contact:
StockUp.com Inc., Las Vegas Clinton Pope, 702/648-6400 888/STOCKUP cpope@stockup.com
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