Karl Keirstead

Karl Keirstead covers the IT services and enterprise software industries at
Kaufman Bros., LP. Prior to joining Kaufman Bros., he led the IT services
research effort at Lehman Brothers. He was the runner-up in 2003 and 2002 in the
annual Institutional Investor magazine poll, and he and his team were
consistently in the top in the Greenwich Associates Poll. Prior to joining the
equity research department, he spent two years in the investment banking and
equity capital markets departments of Lehman Brothers. He has spent the last few
years establishing and managing a charitable foundation, A Running Start
Foundation, which assists young athletes in East Africa. He holds an MBA degree
from the University of Western Ontario and a BCom degree from the University of
Ottawa, both in Canada.