Chinese World Net. com Integrates AlphaTrade.com E-Gate Services

Vancouver, BC and Frankfurt, Germany – May 30, 2002 - AlphaTrade.com (OTC BB: APTD and FSE: TDR WKN 529988), the world's first streaming, multi-lingual market data provider with professional trade execution capabilities, today announced that ChineseWorldNet.com Inc. is integrating AlphaTrade's real-time market data applications into their Chinese portal.

"This is an important milestone for our company since we are now incorporating a membership subscription model to our business strategy. AlphaTrade's products assist us with implementing our new business strategy and move to the next level which is mutually beneficial for both companies," says Gilbert Chan VP, Marketing and Project Development of NAI Interactive Ltd, a subsidiary of CWN.

Launched in January 2001, ChineseWorldNet.com Inc. (CWN) is primed to become the most popular one-stop Chinese financial portal. CWN is dedicated in providing diverse financial information both on and off-line, covering main board as well as the VC market. The company will accomplish this goal through various channels as well as working with strategic partners. Right now CWN covers markets in North America, HK, and China, where the majority of the Chinese investors reside. Besides operating the Chinese financial site www.chineseworldnet.com, CWN also has a financial newspaper and organizes investment seminars every quarter during the year to facilitate the financial activities in the Chinese investment community.

About AlphaTrade.com

AlphaTrade.com (www.alphatrade.com) developed and markets E-Gate, a multi-lingual high performance stock market data tool for investors, day traders and financial professionals. E-Gate is a comprehensive stock quote system that includes stock quotes for 600 stocks, 12 Level II screens, news and intraday and historical charts plus many other valuable features. E-Gate provides subscribers access to streaming, 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 per month (exchange fees extra). A seven day free trial is available at www.alphatrade.com/freedemo or www.alphatrade-europe.de

Contact:

Corporate Information:
James Chan
james@alphatrade.com
604-681-7503
Fax: 604-681-7710
Toll-Free: 1-877-288-7799
Trade Execution Enquiries:
Greg McFarland
greg@alphatrade.com
604-681-7503
321-752-9330
ChineseWorldnet.com:
Gilbert Chan
gil@na-investor.com
Tel: (604) 488-8878
Investor Relations:
3rd Millennium Management
Rich Schineller
rich@3rd-mm.com
www.3rd-mm.com
973-633-0888 ext 110

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.