Vancouver, BC – November 8, 2002 - AlphaTrade.com, (OTC BB: APTD and FSE: TDR WKN 529988) is pleased to announce financial results for the third quarter ended September 30, 2002. Revenue increased by 87% over the same period in 2001 and 129% for the nine months ended September 2002 compared to the nine months ended September 30, 2001.

Penny Perfect, President of AlphaTrade said, "We made significant financial progress this year posting increased revenues throughout 2002. We expect Q4 will be our best quarter of 2002. We are finishing the year with the strongest potential in our history – we now have the most promising product for the financial markets and a fast growing subscriber base.

"In addition to increasing revenue, AlphaTrade reduced expenses by 43% compared to the same period in 2001," continues Penny Perfect. "Clearly our marketing campaign is the largest contributing factor to achieving our positive revenue growth."

"Looking forward, we are anticipating record revenue and income in fiscal 2003 since we are currently in negotiations with Companies that have large subscriber bases for the E-Gate product. Our internal targets are aggressive and we are optimistic that with the improving market conditions there exists a major marketing opportunity that will result in growth levels beyond those for fiscal 2002," says Penny Perfect.

About AlphaTrade.com

AlphaTrade provides a browser-based, streaming, real-time financial market data service called E-Gate. E-Gate subscribers have access to comprehensive stock market information via a suite of financial applications so they can monitor up to 12 Level II screens, view 600 stocks on 10 different portfolios, check out the most actives on any North American Stock Exchange, watch for any news that might be of interest to them and create their distinct work station. E-Gate is multi-lingual so subscribers can view all the applications in the language of their choice. 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 of $17 a month (exchange fees extra). Go to www.alphatrade.com for a 7 Day Free trial of our service.

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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.