RTRSY Reuters Grp. Plc ADS (MM)

NEW YORK, Sept. 25 /PRNewswire/ -- TheMarkets.com, a leading provider of research and estimates services to institutional investors worldwide, today announced the appointment of three hires to lead new business initiatives in the fourth quarter and into 2008. The Company's eponymous flagship product is now used in 45 countries by over 1800 institutions, including 22 of the 25 largest U.S. asset managers, over half of the top 100 European asset managers, three quarters of the world's biggest hedge funds, and 30 of the top 50 private equity firms. "We're so inspired by the continued positive response to TheMarkets.com in the marketplace, both within and outside of the U.S.," said David F. Eisner, CEO and President. "In 2007, we've expanded our operations at a blistering pace to keep up with market demand, particularly in non-U.S. markets, which now represent over one third of our subscribers. In addition, we're finding that our current client base increasingly turns to TheMarkets.com to provide additional workflow solutions beyond our flagship research and estimates product. As a result, I'm pleased to announce several new appointments within the Company to lead development initiatives that respond to our clients' needs." The Company announced today that the MeritMark business, launched earlier this year to provide broker evaluation services to the buy-side, will be led going forward by newly appointed General Manager, Bryan Lewis. Charged with overseeing the growth of the business, Lewis brings over 20 years of experience in the financial services industry, holding leadership positions in sales, marketing, and strategy at companies including Reuters, Bloomberg, and Barra. He was most recently Global Head of Sales for Reuters Trading for Exchanges (RTEx). "MeritMark is an important growth area for our company. We'll benefit from having Bryan at its helm, through his deep understanding of the buy- and sell-side clients this product serves and his prior history of success," said Eisner. Further, David Kim was appointed to the post of Vice President, Product Management. Kim was most recently a member of the team that launched Eons.com, a Sequoia Capital and Charles River Ventures backed social networking and media company. Previously, he was the general manager of the Lycos Finance Network, which included Quote.com, Raging Bull, QCharts, and LiveCharts. Kim will spearhead the development of the Company's existing products and will manage innovations to extend the value of broker research and estimates content to the buy-side, including products developed as a result of the Company's recently announced InfoNgen partnership. Charged with designing and delivering the technology infrastructure to power TheMarkets.com's suite of products, Nita Menon has been appointed Senior Architect in the Company's expanding technology operation. Menon was most recently a principal architect and project manager with Xchanging and has led projects in the past for Microsoft Corporation and Johnson & Johnson. TheMarkets.com's technology group has doubled in size since the beginning of 2007, with further expansion planned to support future launches. "As we continue our market expansion-and bolster our impressive team to support that growth-it is easy to lose sight of the fact that six short years ago, we had only just launched our flagship product," said Eisner. "Now, through our reputation for corporate agility and market sensitivity, we attract top-tier talent across business functions to join us in leveraging the opportunities that present themselves for the remainder of 2007 and beyond. I am incredibly pleased to welcome Bryan, David, and Nita. All bring impressive leadership and vision in the financial technology space that will support our continued strong top-line growth." About TheMarkets.com TheMarkets.com is a leading provider of research and estimates services to over 1800 institutional investment management firms worldwide. TheMarkets.com is owned by: Banc of America Securities, LLC (NYSE:BAC), Citi (NYSE:C), Credit Suisse (NYSE:CS), Deutsche Bank (NYSE:DB), Dresdner Kleinwort, part of Dresdner Bank AG and a member of the Allianz Group (NYSE:AZ), The Goldman Sachs Group (NYSE:GS), JPMorgan Chase (NYSE:JPM), Lehman Brothers (NYSE: LEH), Merrill Lynch (NYSE:MER), Morgan Stanley (NYSE:MS), UBS Investment Bank (NYSE:UBS), and Reuters (NASDAQ:RTRSYNASDAQ:LSE:NASDAQ:RTR), which provides technological infrastructure, web-hosting services, and certain proprietary content. CONTACT: Jasmine Swann TheMarkets.com +1.212.812.4631 DATASOURCE: TheMarkets.com CONTACT: Jasmine Swann of TheMarkets.com, +1-212-812-4631, Web site: http://www.themarkets.com/

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