VANCOUVER, B.C., June 3, 1999. AlphaTrade.com, a pioneer in Web-to-desktop convergence technologies has signed a non-exclusive agreement with Baccarat Management Ltd. to develop the world's first on-line sports betting and gaming site using AlphaTrade's unique browser based technology.

From Olympic medallist in 1984 to the Boxing Hall of Fame, Dale Walters, President of Baccarat Management, is convinced AlphaTrade's Technology will give Baccarat a strategic business advantage needed to differentiate their gaming site from its competitors. "With AlphaTrade's technology we are convinced that our site will be the premier site for avid sports gamblers," stated Mr. Walters, "in fact, the Baccarat gaming site will be the first customizable web site for on-line sport betting and gaming in the world".

Under the terms of this agreement, AlphaTrade will receive a total of $250,000 in cash. $100,000 upon signing and a further $150,000 which will be used to complete an equity investment in favor of Baccarat for 30,000 common shares issued under Rule 144. In addition, AlphaTrade will receive 4% of Baccarat's gross revenues on a quarterly basis.

"Alphatrade is in ongoing negotiations with different companies wishing to employ our technology, " says Victor Cardenas, President of AlphaTrade "but Baccarat certainly presents a unique opportunity for the company to illustrate the flexibility of its revolutionary technology. The gaming industry is considered to be amongst the largest and most well developed businesses in the world and our technology will definitely be put to the test in a most favorable way".

AlphaTrade's launch of its financial portal is also on track and still due for release this summer. In the up coming weeks AlphaTrade will be unveiling different modules of the site for beta testing. Like the site for Baccarat, AlphaTrade's E-Gate will be the first fully customizable financial portal in the world.

About AlphaTrade AlphaTrade.com (OTCBB: EBNK) is an Internet-based company developing "Web-to-desktop" convergence technologies. The AlphaWare line of applications designed and deployed by AlphaTrade offer computer users endless business and personal program choices, delivered via a nimble, thin client platform in their browser. AlphaTrade welcomes all inquires from companies that might have an interest in a licensing agreement.

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