December 14, 1998 - Lewtan Technologies, Inc.® (Lewtan) announced today that Asset-Backed Alert will be published electronically and distributed over ABSNet™.  Developed by Lewtan and a consortium of leading sponsors from the securitization industry, ABSNet™ is the source for securitization information, delivering performance data and related information on asset-backed securities directly over the Internet.  Asset-Backed Alert is highly regarded for its steady flow of scoops in the public and private markets.  The editorial content is supported by the newsletter's proprietary ABS Database, which is recognized as the definitive measure of global securitization activity.

Stuart Lewtan, President of Lewtan Technologies, states "This is an exciting development.  We have long known the value Asset-Backed Alert brings to the ABS community, and we are proud to add this intelligence source to ABSNet™."   Subscribers will now be able to view the latest industry news quickly and easily.   Back issues will be posted, enabling subscribers to locate recent issues and to search for specific content.  Those wishing to participate in the ABSNet™ Beta program may register on-line at www.absnet.net or contact Lewtan at 781-895-9800 xNET.

Founded in 1986, Lewtan Technologies, Inc. ® is the leading provider of technology and related services to the securitization industry.  Lewtan offers complete tools and services to all the players in the marketplace-- investors, issuers/servicers, underwriters/structurers, rating agencies, credit enhancers, and conduit sponsors.  Other Lewtan products include CM (Conduit Management)™, The ABS System™, VST (Visual Structuring)™, and CA (Collateral Analysis)™.   Across 5 continents and 13 countries, over $48 billion in transactions are tracked with Lewtan software.