| AlphaTrade to Diversify by Acquiring International Health Partners | |
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Vancouver, BC – September 25, 2002 - AlphaTrade.com (OTC BB: APTD and FSE: TDR WKN 529988) has signed a Letter of Intent to acquire 100% of International Health Partners (IHP), a privately held Company specializing in low –cost health benefits. "IHP is a perfect acquisition for AlphaTrade,” states Gordon Muir, CEO of AlphaTrade, “since both entities have an identifiable and enormous market for subscription services via the Internet." IHP is one of the nations’ pioneers in the development of the Health Savings Network concept, which provides members with savings of up to 60% off the regular price for professional medical services and medical products throughout the U.S. AlphaTrade will use its proprietary services and Internet expertise to advance IHP’s marketing efforts and to fast-track IHP’s market share. About IHP IHP’s primary product is the CARExpress Medical Benefits Network which already includes more than 1 million healthcare provider sites in the U.S. www.carexpresshealth.com This number represents more than 70% of all practicing doctors, surgeons and hospitals and in excess of 96% of all U.S. pharmacies. Provider networks include doctors, dentists, surgeons, hospitals, clinical laboratory, mental health, vision care, home healthcare, long-term care, holistic medicine, retail, pharmacy, mail order pharmacy, chiropractic, vitamins and nutritionals. Both AlphaTrade and IHP recognize that the cross marketing possibilities are exponential and will provide the opportunity to fast track the expansion of subscribers for both companies. About AlphaTrade.com AlphaTrade is an Internet based company providing market data and trade execution services for customers around the world in over 20 languages. AlphaTrade is forging itself a unique position in the market place with “E-Gate” its flagship browser-based software. E-Gate is becoming a leader in transforming the financial services industry with software that requires no downloads, has no complex hardware requirements and is a fraction of the cost of the competition but with the same professionalism and high quality. Subscribe online at www.alphatrade.com. Contact:
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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. |