Lava adds Keith Jamaitis and Jack Kindregan to sell-side management team

Lava Trading Inc., the innovative technology firm that develops high-performance trading solutions for the financial services industry, today announced that Keith Jamaitis and Jack Kindregan have joined the firm as part of the sellside management team.

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Mr. Jamaitis joins Lava as Director of ColorPalette(R) OMS product management, and Mr. Kindregan will head up the sellside sales team as Director of Sellside Sales.

"The sellside is a very important constituency for Lava and we are excited to welcome Keith and Jack to the team," said James Weber, COO, Lava Trading. "Their wealth of experience will prove invaluable as we continue to enhance our sellside offerings and seek to further grow market share."

Mr. Jamaitis will work with Lava's software development and strategy teams to shape product direction and market requirements for Lava's ColorPalette offering. He joins Lava from NYFIX USA, where he focused on the sellside and served as President since January 2004. He previously held various positions in software development and technical management in the telecommunications industry.

Mr. Kindregan will head the sellside sales effort at Lava, expanding the sales team and refining product positioning. His professional experience includes sellside and buyside sales management at NYFIX, ABN AMRO, Furman Selz and Paine Webber Inc.

"Keith and Jack are great additions to Lava, further deepening the bench strength of our sellside team," said Kamran Rafieyan, CIO, Lava Trading. "These hires are in keeping with Lava's commitment to provide industry-leading products and services that meet the ever-changing needs of our clients and the marketplace."

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