| AlphaTrade Appoints William Scigliano As Director | ||||
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Vancouver, BC - November 21, 2005 - AlphaTrade.com (OTC BB: APTD), a global provider of customized real-time financial information for professional, institutional and individual investors, announced today the appointment of industry veteran William Scigliano as director. Scigliano brings more than 15 years of experience in investment banking, merger and acquisitions, and commercialization of emerging technologies to his new role as director of AlphaTrade, where he will be responsible for overseeing the company's network and partnership efforts. "We are delighted to have Bill join AlphaTrade," said Penny Perfect, CEO of AlphaTrade. "Bill's industry experience in data delivery coupled with his financial expertise is a perfect fit for AlphaTrade. Bill has a proven track record of success, and I am confident that he will add significant value to our expansion efforts, thus furthering AlphaTrade's mission to deliver current and comprehensive stock market data, global news and financial information anywhere, anytime." Scigliano is the current chairman of Wherify Wireless, Inc. (OTCBB:WFYW), a California-based developer of GPS location products and services. His accomplishments included steering Wherify Wireless' entry into continuous tracking markets. Prior to his position at Wherify Wireless, Scigliano was chief executive officer of IQ Biometrix, a major provider of identification technology. At IQ Biometrix, he carried out an aggressive capital development and external growth plan that resulted in IQ Biometrix' successful merge with Wherify Wireless. The eight years prior to that, Scigliano was an executive advisor to the Attorney General of British Columbia and the National Association of Attorneys General on technology and intergovernmental issues. About AlphaTrade "No one knows your money like you do" Launched in 1999, AlphaTrade is the only company that offers financial data that is both modular and multi-lingual to the millions of people who "follow the market" on a daily basis. AlphaTrade data can be conveniently accessed through a number of Internet-enabled systems, including computers, Web TVs, and wireless hand-held devices. The company's flagship product, E-Gate, offers unparalleled, reliable, and accurate real-time investment information, coupled with advanced trading analysis tools. For more information, please visit our website at www.AlphaTrade.com, contact Investor Relations IR@AlphaTrade.com, or Public Relations at PR@AlphaTrade.com. For further information:
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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. |