Vancouver, BC - April 21, 2005 - AlphaTrade (OTCBB:APTD), a global provider of real-time financial data, charting and analysis tools to professional, institutional and individual investors, today announced that it has achieved its first full quarter of positive cash flow from operations. It also said it had reduced its long-term debt during the first quarter of 2005 from $2.13 million to $1.3 million, a decrease of 39%.

"AlphaTrade has turned the corner," said Penny Perfect, AlphaTrade's chief executive officer. "Our subscriber base has grown to the point that we generate more cash than it takes to cover our operating expenses."

AlphaTrade recorded a nominal loss of $310 for the quarter ended March 31, 2005 compared to a loss of $731,770 for the same quarter of 2004. When the following non-cash expenses are added back to the loss the Company results show a positive cash flow of $76,947. The non-cash expenses are $75,425 of consulting fees paid with shares of the Company's common stock and depreciation of $1,832.

As a sign of their confidence in the viability of the company, its officers, through their management companies, have forgone their first quarter management fees of $120,000. These results reinforce and confirm the press release dated March 15, 2005 which announced the Company's status as a going concern.

Additionally, the Company reduced its debt from $2,131,067 as of December 31, 2004 to $1,296,302 as of March 31, 2005, without any sales of its shares in private or public offerings. A major reason for the reduction was the decision of management to convert $735,000 owed to them to shares of the Company's common stock.

As previously announced, 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.

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 (OTCBB: 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 vary significantly based on a number of factors, including, but not limited to, uncertainties in product demand, 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.