IPOmonitor.com to Enhance Services with AlphaTrade's Real-Time Stock and Financial Information Subscription Service, E-Gate

Los Angeles, CA and Vancouver, BC, Canada - August 16, 2001 - IPOmonitor.com today announced that it has launched a new subscription service to provide streaming stock quotes powered by Alphatrade.com (OTC BB: EBNK). The service, called E-Gate, provides real-time stock and financial information with multi-faceted features offered at unparalleled prices. Now IPOmonitor users can access real time streaming stock quotes at www.IPOmonitor.com.

Included in the many comprehensive features are six Level II NASDAQ screens with the last 200 time-and-sales; up to 16 intraday or historical charts simultaneously; a scrolling ticker; portfolio manager which can manage up to 40 different stocks on one screen; a "top ten most active" list; a quote grid that handles another 40 stocks, and much more. Subscribers can access real-time streaming stock quotes on all U.S. and Canadian stocks with news that is symbol-sensitive and continuously updated from 40 different sources. E-Gate is a multi-lingual product with 22 languages now available.

IPOmonitor.com will offer new subscribers a seven-day free trial, which can be accessed through www.alphatrade.com/ipomonitor. A full-service package is only $17 per month plus applicable exchange fees and $10 per month extra for the Premium additional Level II service.

"Growing demand for a comprehensive stock quote system is meeting contracting supply. By positioning IPOmonitor.com to gain market share and heightened visibility with this highly flexible, user-friendly service," said Jeff Stacey of IPOmonitor.

"Among the IPOmonitor subscriber base are some of the most savvy and sophisticated individual investors you can find and we are pleased to offer them the convenience and depth of information built into the E-Gate system," commented Penny Perfect, President of AlphaTrade.com. "We have designed E-Gate to be accessible even through relatively low-bandwidth data devices such as laptops and hand-helds, and are confident that IPOmonitor subscribers will find it reliable and rewarding to use."

About AlphaTrade

AlphaTrade is an online provider of streaming stock information with applications designed for use by both professionals and novice investors and traders. Aptly named E-Gate, it is an electronic gateway to a browser-based stock quote system that includes quotes, news, intraday historical charts, most active, and more. E-Gate is designed to provide investors access to real-time financial information at less cost and greater convenience than any other 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.

The cost of E-Gate is only $17.00 plus applicable exchange fees. To subscribe, go to www.alphatrade.com and follow the easy online instructions.

About IPOmonitor

IPO Monitor (www.ipomonitor.com), based in Los Angeles, provides comprehensive information on the new issue market. Founded in 1995, IPO Monitor includes data on new filings, pending initial public offerings, predictions of which companies might issue securities, new pricing data and aftermarket performance. In addition to analysis and commentary, IPO Monitor maintains a separate web page for each company in its database with company contact information, industry classification, and detailed data about the underwriter and offering. IPO Monitor, founded in 1995, has been recognized as one of the Internet's best financial sites. IPO Monitor has been selected one of Forbes' Best of the Web sites.

Contacts:

Jeff Stacey
IPO Monitor
310-642-6930, ext. 101
James Chan
AlphaTrade.com
Toll Free 1-877-288-7799
Sean Collins
Coffin Communications Group on behalf of AlphaTrade.com
1-818-789-0100

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.