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ADVISORY/The Ashton Technology Group Inc. Featured On Caspar Weinberger's World Business Review TV Series
12/01/1998
Business Wire
(Copyright (c) 1998, Business Wire)
--(BUSINESS WIRE)--
Multi-Media Productions (USA) Inc. announces that on Sunday, December 6, 1998, at 3:00 pm EST, the appearance of Messrs. Fredric W. Rittereiser, President and Chief Executive Officer, Fred Weingard, Chief Technology Officer, and William W. Uchimoto, General Counsel of The Ashton Technology Group Inc. (ATG(tm)), on World Business Review.
The weekly television series focuses on technology and is hosted by Caspar Weinberger, Chairman of Forbes magazine and Secretary of Defense during the Reagan administration. Mr. Rittereiser appears on the show to introduce two companies under the ATG(tm) umbrella: Universal Trading Technologies Corporation (UTTC(tm)) and Gomez Advisors Inc.
UTTC(tm) designs, develops and operates systems to enable on-line transactions, which can be made available on a secure basis to end users through various public and private communications networks. On April 8, 1997,UTTC(tm) completed the Universal Trading System ("UTS(tm)") and its first product module, the VWAP(R) Trading System ("VTS(tm)").
UTTC(tm) provides institutional investors and financial intermediaries with an electronic pathway for the execution of block trades with high-grade information security to guarantee anonymity for its users. The system provides end-to-end data security within a neutral electronic environment.
Gomez Advisors Inc. was formed by ATG(tm) in 1997, together with Julio Gomez. The firm provides strategic counsel to banks, mutual funds, brokerage firms and other financial institutions seeking to establish customer relationships via the Internet.
The consulting services offered by Gomez Advisors include strategic planning; site evaluation, design and implementation; and marketing and retail account acquisition.
Mr. Rittereiser is co-founder of ATG(tm), UTTC(tm), and Gomez Advisors, Inc. He has led the product development efforts of UTTC(tm) and is directly responsible for the concepts behind the volume weighted average price (VWAP(R)) trading system, electronic auction system (EAS(tm)) and electronic public limit order book (ePLOB(tm)), and the Electronic Option Crossing Network (EOX(tm)).
About The Ashton Technology Group
The Ashton Technology Group is engaged in the development and commercialization of online transaction systems for participants in the financial markets.
The company's management believes its understanding of the business culture of the financial markets, together with its technological expertise provides Ashton with competitive advantages in the design, development and deployment of electronic transaction systems.
Ashton's transaction systems incorporate the company's core areas of technological expertise, which include:
-- Internet, Intranet and Extranet technologies and systems
-- Electronic authentication, encryption and trusted systems providing high-grade data and information security
-- Online transaction systems for use through traditional channels and through the Internet
-- Advanced computing technologies, including neural networks and other forms of artificial intelligence, which provide analytical tools for prediction and decision support.
About World Business Review
World Business Review, with host Caspar Weinberger, is an exciting new forum for examining the leading-edge technologies and innovative business solutions shaping our future.
Blending interviews and panel discussions with field reports and technical reviews, each half-hour broadcast is designed to enable leaders from a variety of industries to offer their insights into the challenges and opportunities businesses face as the 21st century nears.
A recent agreement with Indiana State University takes World Business Review into the classroom, as students learn firsthand from industry leaders about developments in technology and business solutions shaping our world as we approach the new millennium.
"The WBR programs have proved to be quite helpful to me in presenting up-to-date material to my students," said Dr. Gerald W. Cockrell, Professor at Indiana State. "The students find topics covered in World Business Review to be both thought provoking and interesting," he added.
"We're committed to making World Business Review an award-winning technology television series, both domestically and internationally," said Executive Producer Thomas Clynes.
The series is promoted through a targeted distribution of show videotapes and World Business Review magazines to corporate executives in designated industries. Individual videotapes are available by calling 1-800-WBR-1032, or by visiting www.wbrtv.com, which showcases featured companies' technologies.
Taped in Washington, D.C., World Business Review premiered on U.S. public television stations in September of 1996 and is independently produced in Boca Raton, Florida by Multi Media Productions (USA), Inc.
The program currently reaches more than 70 million potential TV households in the U.S., and over 100 million internationally. Distribution channels include CNBC, Knowledge TV, Technology Education Network, AENTV, America's Voice, CAMA, Media One, and independent and public TV stations around the globe. The program is also featured on United Airlines international flights.
CONTACT: The Ashton Technology Group Inc. Christine A. Geisser, 215/751-1900 info@ashtontechgroup.com or Multi Media Productions USA Inc, 561/988-9449
12:29 EST DECEMBER 1, 1998
Contact: CONTACT: The Ashton Technology Group Inc. Christine A. Geisser, 215/751-1900 info@ashtontechgroup.com or Multi Media Productions USA Inc, 561/988-9449
12:29 EST DECEMBER 1, 1998
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