Vancouver, BC – December 19, 2002 - AlphaTrade.com, (OTC BB: APTD and FSE: TDR WKN 529988) is pleased to announce that SEGOES Securities Ltd, a top ranked securities firm based in the Cayman Islands and a member of the Cayman Islands Stock Exchange, has chosen AlphaTrade's trade execution and market data systems for its growing list of International clients.

"AlphaTrade is very pleased with the addition of SEGOES as their newest client" states Gordon Muir, CEO of AlphaTrade. "SEGOES chose AlphaTrade's system over some very impressive competition. AlphaTrade's ease of use, quick implementation and low cost were the biggest contributing factors in closing another favorable contract for our market data and trade execution systems. To date, we have three securities firms that have adopted our trade execution system since we announced the availability of this product. We expect sales to increase significantly in the year 2003 for both our trade execution and market data systems due to the favorable pricing structure and the immediate implementation," states Gordon Muir.

About SEGOES

SEGOES Securities is a top-rated, offshore based electronic delivery platform providing a comprehensive list of investment products and services to banks, trust companies and securities firms. SEGOES has made this platform available on a privately labeled basis to these financial institutions in key markets worldwide. For further details please visit their site at www.segoes.com.ky

About AlphaTrade.com

AlphaTrade provides a streaming real-time financial market data feed application called "E-Gate" that collects analyzes, processes, stores, compresses, and transmits financial content. E-Gate subscribers have access to comprehensive information on stocks, options, and indices including bid and ask prices, charts, level II and other information for any U.S. listed or Nasdaq-traded stock, Pinks Sheets, OTC-BB stocks and all Canadian listed companies. E-Gate is available in English, Spanish, German, French, Portuguese, Italian, Dutch, Greek, and Chinese. * 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). www.alphatrade.com A seven-day free trial is available at www.alphatrade.com/freedemo

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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.