New York City, NY, May 8th, 2006 -- The Wall Street Technology Association (WSTA) is pleased to announce the establishment of three new committees that will augment activities of the Board of Directors and existing Advisory/Content Committee. The purpose of each committee is to provide stronger focus on specific areas that will enhance and expand membership benefits. Each committee is made up of WSTA Board members, WSTA members (financial services firms), industry consultants, academia and WSTA Platinum Affiliates (vendors). "The experience and expertise of the professionals that participate on these new focused committees will add tremendous value to the WSTA," said Mark E. Sanders, Senior Vice President & CTO, of New York Life Insurance Company and WSTA President. "Their work will greatly enhance the efforts of the WSTA Board of Directors and Advisory/Content Committee."

WSTA Committees

Advisory/Content Committee provides input and direction regarding content for various WSTA programs. It also works with the WSTA to develop new initiatives and provides input and feedback on existing programs. "By actively monitoring industry trends, challenges and solutions, the WSTA Advisory Committee plays a vital ongoing role in shaping the association's content," explains WSTA Content Committee co-chair and Catalyst Communications founder Monica Simms VanHorn.

Membership Committee develops new programs and enhancements to benefit current and prospective members. Recent accomplishments include the development and implementation of a new online Members Only section and the WSTA Career Center.

Ticker Committee reviews contributed articles from vendors and consultants to make sure they are educational, relevant and timely. The group provides feedback and direction to the contributors on how to revise content to make it as beneficial as possible for the financial industry.

Higher-Education Committee identifies opportunities to work with academia to connect students and the WSTA, help educate students on technology to better prepare them for future employment in the financial industry, to provide a conduit to recruit graduate students and interns and to get more involved in the educational community. "The future high-tech workforce is a special concern to all educators, from K-12 through higher education," said Leslie Stevens, Industry Professor at Stevens Institute of Technology. "Our new WSTA committee will do its part to involve the WSTA with those dynamic forces that are making a technology difference in education and the financial industry."

About the Wall Street Technology Association (WSTA)

The Wall Street Technology Association, founded in 1967, is a not-for-profit educational organization that focuses on technologies, operational approaches, and business issues for the global financial community. The WSTA Vendor Affiliate Program offers organized opportunities for vendors to keep financial industry professionals aware of current and emerging technologies. In addition, the WSTA offers social events, networking opportunities, and its bi-monthly educational Ticker Magazine. Its web site is a great resource for industry information and WSTA news. For more information on the WSTA, call 732-530-8808 or visit www.wsta.org.