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Non-Tech : Ashton Technology (ASTN)

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To: Westergaard who wrote (39)	2/13/1998 5:00:00 AM
From: Garlic Breath	Read Replies (1) of 4443

PHILADELPHIA--(BUSINESS WIRE)--Feb. 12, 1998--The Ashton Technology Group Inc. (ATG) (NASDAQ Small Cap: ASTN) announced Thursday that its board had appointed Richard E. Butler a director. Butler is an independent management and marketing consultant. Throughout his career Butler has been active in marketing and strategic development for a variety of public and private companies. Butler has held executive positions with organizations including CBS, Prepared Products and has served as president and chief executive officer of BBDO/West. His work experience has focused on new and emerging companies and industries ranging from financial services to consumer products. Butler has served as a director of many public and private companies and was a founding director of Metrobank, now Comerica. He currently serves as a Trustee of Claremont McKenna College and is an active member of the Chief Executives Organization. ATG's President, Fredric W. Rittereiser, said, "Mr. Bulter's marketing and management experience will be invaluable as we build ATG. In 1984 Mr. Butler joined Instinet as a consultant for the development of its national and international business and was active in structuring Instinet's long term relationship with Reuters Plc." Ashton is an Internet technology company, providing products and services to the financial services industry. Ashton is developing a family of on-line transaction systems using advanced telecommunication technologies together with advanced computing technologies that will facilitate transactions among participants in the financial markets. Ashton's proprietary transaction systems will be made available to end users through both proprietary communications networks and the Internet. CONTACT: The Ashton Technology Group Inc. Christine A. Geisser, director of Corporate Relations, 215/751-1900, Telefax: 215/636-3560

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