Former Sell Side Research Analyst Tapped To Lead Investor Relations Efforts
NEW YORK - May 9, 2003 - eSpeed, Inc. (Nasdaq: ESPD), a subsidiary of Cantor Fitzgerald and the leading electronic marketplace and trading technology provider for the non-equity capital markets, announced today that Maureen Murphy, a former senior research analyst with Lehman Brothers, has joined the company as Vice President, Director of Investor Relations. The appointment is effective immediately.
In this position, Ms. Murphy will be responsible for overseeing eSpeed's investor relations and analyst communications, as well as directing the company's efforts to attract new analysts and shareholders.
Ms. Murphy joins eSpeed directly from Lehman Brothers, where she was a Vice President and Senior Research Analyst for Equity Research, covering Financial Markets and Technology. While at Lehman Brothers, Ms. Murphy provided stock research and analysis to institutional investors and consulted on market structure issues for Lehman's equities management and buy side trading desks. Prior to that, she was responsible for the creation of the Power Technology research franchise at Lehman, overseeing extensive industry reporting and communicating with investors and venture capitalists in the power sector. Before joining Lehman Brothers, Ms. Murphy worked as a credit research analyst with Japanese investment bank Tokai Asia.
"Maureen's depth of industry knowledge, proven analytical capabilities and strong relationships in the analyst and investor communities make her the ideal fit for this important role at eSpeed," said Howard W. Lutnick, Chairman, President and CEO of eSpeed, Inc.
On today's announcement, Ms. Murphy commented, "I am proud to join this talented and committed group of individuals, and am extremely excited to represent a company with such focus on shareholder value and results. eSpeed is well-positioned for growth in 2003 and beyond."
Ms. Murphy holds a Bachelor's Degree from Georgetown University and an MBA and Masters in International Affairs from Columbia University.
About eSpeed, Inc.
eSpeed Inc., a subsidiary of Cantor Fitzgerald, is the leader in developing and deploying electronic marketplaces and related trading technology that offers traders access to the most liquid, efficient and neutral financial markets in the world. eSpeed operates multiple buyer, multiple seller real-time electronic marketplaces for the global non-equity capital markets, including the world's largest government bond markets and other fixed income marketplaces. eSpeed's suite of marketplace tools provides end-to-end transaction solutions for the purchase and sale of financial and non-financial products over eSpeed's global private network or via the Internet. eSpeed's neutral platform, reliable network, straight-through processing and superior products make it the trusted source for electronic trading at the world's largest fixed income and foreign exchange trading firms, major exchanges and leading natural gas and electricity trading firms. To learn more, please visit www.espeed.com.
Contacts:
Media:
eSpeed, Inc:
Tom Ryan
212.610.2425
tryan@espeed.com
Investors:
Abbe Goldstein/Avi Sharon
The Global Consulting Group
212 807-5140
espeedinvestor@tfn.com
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