Vancouver, BC - May 24, 2005 - AlphaTrade (OTCBB: APTD), a global provider of real-time financial data, is pleased to announce that the company has successfully completed the world's first testing for bi-directional stock quotes and financial data for text messaging applications.

The preliminary test results demonstrated that the Company is capable of processing more than one billion requests per month. These results were achievable due to AlphaTrade's highly scalable proprietary software and protocol. Penny Perfect, AlphaTrade's Chief Executive Officer, stated, "The results of our tests are immensely satisfying since it conclusively proves that we are capable of handling more than 70,000 simultaneous data requests per second with no additions to our current infrastructure. The test results are only calculated based upon peak requests during market hours for the 20 business days in a month. Obviously we are aware that people's informational needs are not limited to market hours and we are confident that our customers will be able to access desired data before, during and after market hours."

AlphaTrade's successful completion of the testing phase means that the company will now begin immediately implementing financial text messaging on a world-wide basis with its proprietary suite of multilingual products. Text messaging has matured beyond mere chatting and casual conversations between friends, and has transformed into a vibrant multi-billion dollar industry with widespread business applications in which AlphaTrade will continue to set the pace for speed, reliability and multilingual content. AlphaTrade is scheduled to go live with financial text messaging in June 2005.

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.

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

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Forward-looking statements: 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.