Vancouver, BC - April 7, 2005 - AlphaTrade (OTC BB: APTD), a global provider of real-time financial data, charting and analysis tools to professional, institutional and individual investors, today announced that it has canceled a previously announced private stock placement. It said existing cash flow is now adequate to finance its current marketing and business expansion plans without need for additional capital.

In March 2005, the Company said it would be offering 5,000,000 shares of its stock at $0.40 per share. However, it has seen continuing improvement in its cash flow, which went from a negative cash flow from operations of $944,717 in 2003 to a negative of $52,713 in 2004. In the first two months of 2005, cash flow from operations turned positive and totaled $100,000. The Company expects it to be positive for all of 2005.

Spurring this improvement is strong growth in sales coupled with control of expenses. AlphaTrade's revenue rose from $940,000 in 2003 to $1.92 million in 2004. Unaudited sales totaled $446,389 in the first two months of 2005, equivalent to an annualized rate of nearly $2.7 million. Gross margins also have been increasing, from 10% in 2003 to 31% in 2004, while the Company's net loss has fallen to $2.06 million in 2004 from $8.36 million in 2003. AlphaTrade has projected a gross profit of between $1.0 million and $2.0 million for 2005, up from $599,000 in 2004, bringing it close to its goal of full profitability by the end of 2005.

AlphaTrade CEO Penny Perfect commented, "The Company values its shareholders and does not want to unnecessarily dilute shareholder equity. We have a number of marketing initiatives in place right now and will be launching some new products in the second quarter, so we are confident that our revenue will accommodate our additional marketing expenses. Having turned cash flow positive we are now able to finance our marketing and expansion plans for 2005 and beyond internally."

In other recent news, AlphaTrade announced a marketing partnership with the USGFA, through which golf enthusiasts will be able to access the Company's stock quote service in real time to monitor their portfolios while watching the 2005 Masters Tournament at Augusta National Golf Club. AlphaTrade also has recently added new clients in Russia, Ukraine, Israel and China. Ms. Perfect noted that the list of AlphaTrade affiliate sites has grown by 150 since the start of 2005.

To be added to AlphaTrade's investor e-mail list, please contact Zack Noory of Investor Relations International at znoory@irintl.com.

About AlphaTrade

Through its flagship product, E-Gate, AlphaTrade (OTC BB:APTD) offers reliable and accurate real time financial data coupled with advanced trading analysis tools. E-Gate is a multi-lingual professional service that integrates sophisticated quote information with other timely financial information in an easy-to-use format. Please review our service at no cost - login at www.alphatrade.com.

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SAFE HARBOR STATEMENT: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may differ materially based on a number of factors, including, but not limited to, uncertainties in product demand, risks related to doing business in China, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products, and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.