New York, NY, December 20, 2004 - Kestrel Technologies announced today that William C. Kingore has joined the firm as an Executive Vice President. Mr. Kingore will be responsible for forging and developing new relationships on behalf of Kestrel across each of the firm’s product lines. He will work closely with Wall Street’s business, technology, and trading managers to help them acquire cost effective and reliable state-of-the art software solutions.
Ed Bishop noted that "Bill Kingore’s appointment as a senior business development and capital markets executive is, in part, a response to the increased demand and interest that our products and services are now receiving. As important, Bill’s presence here is a strategic opportunity for Kestrel because he will be able to effectively present our solutions to senior executives on both the buy and sell sides of the marketplace. We are more confident than ever that our products are without peer in terms of price and performance, and we want to broadcast this in every way possible."
Mr. Kingore most recently served as Partner and Head of Business Development at Liquidity Direct Technology where he led the team responsible for the sale of this firm by Chicago Mercantile Exchange Holdings Inc. in January, 2004. He was subsequently a member of the post-sale transition team where he served as Consultant to CME. At Liquidity Direct, he was responsible for the development of key strategic alliances and partnerships on behalf of the firm.
Mr. Kingore began his Wall Street career at Goldman, Sachs & Co. where he helped to build the firm’s exchange-traded derivatives business. While at GS & Co., he also served the firm as a Member on The Chicago Board of Trade. He later held positions of increasing responsibility within the fixed-income distribution and trading divisions at the leading investment banks of Drexel Burnham Lambert and Donaldson, Lufkin & Jenrette. He will make wide use of the experience and contacts he has garnered in these capacities in his new role at Kestrel.