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OptiMark Technologies Elects New Board Members
Jersey City, NJ - December 15, 1999 - OptiMark Technologies, Inc.
today announced the election of Ronald D. Fisher of SOFTBANK Holdings
Inc. and Kenneth D. Pasternak of Knight/Trimark Group, Inc. to its
Board of Directors.
"All of us at OptiMark are extremely pleased that these talented
individuals have accepted our invitation to join OptiMark's board,"
said Phillip J. Riese, Chief Executive Officer of OptiMark Technologies,
Inc. "Ken and Ron are key drivers of electronic markets, globally.
Their personal knowledge and expertise will be invaluable to OptiMark
in furthering the application of our unique matching capabilities
for equities trading and other markets." Ronald D. Fisher is the
Vice-Chairman of SOFTBANK Holdings Inc. and a Director of SOFTBANK
Corporation. In this capacity, Mr. Fisher oversees SOFTBANK's activities
in the United States. Mr. Fisher also manages SOFTBANK Capital Partners
LP and he represents SOFTBANK Corporation in the activities of SOFTBANK
Technology Ventures. Prior to joining SOFTBANK in 1995, Mr. Fisher
was, for six years, Chief Executive Officer of Phoenix Technologies,
Ltd., the leading developer of system software products for personal
computers. Earlier, he was President of INTERACTIVE Systems Corporation.
Mr. Fisher served that company for over five years, initially as
Chief Operating Officer and later as Chief Executive Officer. Earlier
in his career, he held senior executive positions at Visicorp, TRW,
and ICL. Mr. Fisher also serves as Director of Insweb Corporation,
Message Media Inc., Phoenix Technologies, Ltd. and Ziff-Davis Inc.
Mr. Fisher holds a Bachelor of Commerce degree from the University
of Witwatersrand in South Africa and an MBA from Columbia University.
In July, SOFTBANK Capital Partners LP made an initial investment
in OptiMark.
Kenneth D. Pasternak is the President and Chief Executive Officer
of Knight/Trimark Group, Inc. (Nasdaq: NITE). Under Mr. Pasternak's
leadership, Knight/Trimark Group, Inc. has become the largest wholesale
market maker in U.S. equity securities and the number one execution
destination for trades placed via the Internet. Knight executes
more than 30 percent of all on-line trades. Knight grew out of Roundtable
Partners, LLC, a venture that Mr. Pasternak helped start in 1994.
Prior to that, he served as senior vice president, limited partner
and trading room manager at Spear Leeds & Kellogg/Troster Singer
from 1979 to 1994. Mr. Pasternak also serves on the board of directors
of BRASS Utility, LLC (BRUT), EASDAQ and ISE. He was selected as
the 1999 New Jersey Ernst & Young Emerging Entrepreneur of the
Year®. Ken received a Bachelor of Arts degree in 1976 from the
State University of New York at New Paltz. On November 2, OptiMark
and Knight/Trimark Group announced plans to channel orders through
the OptiMark Trading System.
OptiMark Technologies, Inc., a privately held company, designs
and builds matching facilities for markets and exchanges that benefit
buyers and sellers by increasing efficiency and fairness while lowering
the cost of trading. OptiMark Trading Systems operate today as facilities
of the Pacific Exchange for trading listed equities and the Nasdaq
Stock Market for trading OTC equities. OptiMark's major shareholders
include General Atlantic Partners, SOFTBANK, American Century, Goldman
Sachs, Merrill Lynch and PaineWebber. OptiMark is headquartered
in Jersey City, New Jersey. Additional information on the company
is available at www.OptiMark.com.
© 2001-2002 OptiMark,
Inc., All Rights Reserved
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