Lewtan's New Global ABS Portal Provides Free Access to Public Deal Information Relating...

Lewtan's New Global ABS Portal Provides Free Access to Public Deal Information
Relating to European Securitisations
New Portal from Long-Time Provider of Surveillance Data, Analytics, Software,
and Content for the Global Securitisation Industry Supports ESF Initiatives to
Promote Transparency

CANNES, France, May 29 /PRNewswire/ -- Global ABS 2008 -- Lewtan
Technologies, Inc., provider of ABSNet, the industry's leading source for
asset-backed securities surveillance data, analytics, software, and content
for the global securitisation industry, today announced the availability of
the Global ABS Portal, which provides free access to the most recent
remittance reports and original prospectuses for public European
securitisations.
"Having a free centralized point of access to public deal information will
enable investors and regulators to easily access crucial information about
public European securitisations," said Ira Keller, CEO of Lewtan. "Prior to
Lewtan's Global ABS Portal, the only option available to find this information
in one location was through commercial vendors."
Lewtan has extensive experience delivering effective, reliable financial-
data portals, including its flagship ABSNet portal, a deal performance
database that tracks, among other data, more than 17,000 European asset-backed
securities. The Global ABS Portal leverages ABSNet's sourcing infrastructure
to offer original prospectuses and remittance reports. The data accessed
through the portal will be updated as new reports are published.
Portal Helps Industry Cope with Evolving Market Conditions, Regulatory
Changes
Lewtan chose to launch the Global ABS Portal at Global ABS 2008 in support
of the tremendous time and effort that the European Securitisation Forum (ESF)
has spent in promoting transparency in the European market. Also, the most
important players in the global securitisation industry attend Global ABS,
making it the ideal platform for introducing a new service to the industry.
"Lewtan recognizes the changing market environment and evolving business
model," said Ira Keller. "For many years, we have fielded products and
services that support transparency, and this free portal extends our
commitment to serving the industry as a partner that can be counted on to
provide access to the information and tools investors and issuers need to
conduct business in an ever-changing regulatory environment.
"The subprime contagion that began in the US has caused the global
structured finance community to reassess issues of surveillance and
transparency," said Keller. "The European market is struggling with ever-
increasing regulatory scrutiny. MiFID, MAD, and similar types of regulatory
scrutiny will result in an increased need for transparency and the creation of
'best practices' throughout the industry. In the US market, the SEC's EDGAR
database and the increased disclosures provided under Reg AB provide data
availability for public deals. We believe that the Global ABS Portal provides
similar data availability to participants in the European market."
About Lewtan
Through offices in North America and Europe, Lewtan Technologies, Inc.,
offers a wide range of content- and technology-based solutions to members of
the global asset-securitisation industry, including issuers, investors,
underwriters, servicers, credit enhancers, and rating agencies representing
more than 400 institutions worldwide. The company has twice been named Global
Technology Provider of the Year by International Securitisation Report, and it
received the Innovation Award and commendations for client service and
best-in-class surveillance tool in Money Market's 2007 Securitisation Review &
Survey Technology Awards. More information is available at www.lewtan.com.
SOURCE Lewtan Technologies, Inc.

Lillian Flores of Lewtan Technologies, Inc., +1-781-672-1175,
Lillian.Flores@Lewtan.com