Vancouver, BC and Frankfurt, Germany – May 16, 2002 - AlphaTrade.com (OTC BB: APTD and FSE: TDR WKN 529988), the world's first streaming, multi-lingual market data provider, is announcing that the global Trading Platform - TP-1 will be launched immediately.

This state-of-the-art on-line trading platform will provide any brokerage firm or financial institution a professional trading interface in less than seven days from the time of the order and it will be fully integrated with their existing back office. Some of the features include the following:

• direct access to NYSE and AMEX
• direct access to major ECNs including Island, Arca, Instinet, Bloomberg Tradebook
• Level II point and click trading
• real-time profit and loss of positions and of the account
• real-time risk management checking prior to order-entry
• real-time risk monitoring by the broker-dealer
• 100% web-based report for history of trades
• handles OATS reporting on behalf of the broker-dealer

"We are extremely excited about this new trade execution platform. By combining trade execution with our own powerful and robust stock quote system - E-Gate, AlphaTrade will have one of the most comprehensive web-based stock market tools available in the world," states Gordon Muir, CEO of AlphaTrade. "For the broker-dealer and the institutional clients AlphaTrade's new Trading Platform eliminates the need for in-house tech support, for equipment installation and curtails the large up-front costs normally associated with adding trade execution capabilities. AlphaTrade will now be able to capture new markets for transaction based products which will add to their ability to generate increased revenues".

About AlphaTrade.com

AlphaTrade is a leader in providing high-performance stock market data for investors, day traders, professionals and all interested financial parties via a product called E-Gate. E-Gate is a stock quote system that includes real time, streaming quotes, news, Level II, intraday and 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 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 price for an E-Gate subscription is only $17.00 plus applicable exchange fees. A seven day free trail is available at www.alphatrade.com/freedemo or www.alphatrade-europe.de

Contact sales@alphatrade.com for further information regarding our Trading Platform.

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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.