ESP Announces Appointment of David A. Conner to Board Of directors

5 August 2008

ESP Technologies Corp., THE Buy-Side Solution, providing settlement aggregation via advanced patent pending post-trade management technology, network and services, announced today that it has elected David A. Conner from JPMorgan Securities to its board of directors.

“Dave’s broad knowledge of the electronic trading marketplace as well as a particular expertise in the Wrap/SMA space makes him an ideal member of our board”, said Joshua S. Levine, CEO of ESP.

Mr. Conner is head of JPMorgan’s Electronic Client Solutions (ECS) distribution for the Americas. In this capacity, he is responsible for sales, customer set-up and service for the firm’s low touch DMA and Algorithmic products, including the Neovest EMS & AMS Algorithmic Management System (AlgoGenetics). Prior to JPMorgan, Dave spent 6 years with Lehman Brothers and 13 years at PaineWebber. He has been involved in the electronic trading business since 1992.

“ESP is in a very unique space, providing the settlement aggregation solutions that clients need to deal with market fragmentation,” Conner said. “I am delighted to join the board and work with ESP’s strong management team to further develop and grow the business.”

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