| AlphaTrade.com and Wall Street Equities Inc. sign Agreement | |
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Vancouver BC - May 8, 2001 - AlphaTrade.com (OTCBB: EBNK) today announced that Wall Street Equities Inc. of New York, N.Y. has entered into an agreement to use AlphaTrade's real-time, streaming financial quotes and news services. "When looking at the different alternatives in the marketplace, we found AlphaTrade's services were comprehensive and cost effective. We wanted a reliable service for our clients that would be complementary to our current services and a provider that could assist us in offering on-line trading functionality to our clients," said Edward DeFelice Jr., Executive Vice President of Wall Street Equities Inc. "We believe our product can save thousands of dollars for brokerage firms. In addition the simplicity of AlphaTrade's product ensures all subscribers will have instant access to financial information when and where they need it, no matter what kind of Internet connection they have," says Victor Cardenas, COO of AlphaTrade. About AlphaTrade.com AlphaTrade is an e-commerce, Internet-based corporation with a unique and proprietary product called E-Gate. The company provides subscribers access to financial information at less cost and greater convenience than any other existing product on the market today. Subscribers do not need to purchase, lease or download any software. All of the financial applications are available via the Internet for a low monthly subscription price. Subscribe online at www.alphatrade.com Contacts:
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SAFE HARBOR STATEMENT: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company. |