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The Research Works, LLC Initiates Research Coverage On AlphaTrade.com With A Near-Term Price Target Of $1.50 |
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Vancouver, British Columbia - Jan. 12, 2006 - AlphaTrade.com (OTCBB: APTD) announced today that The Research Works, LLC has released an analyst research report covering the Company with a near-term price target of $1.50. The report is now available for review at www.stocksontheweb.com/aptd.htm. "There are few analysts who have the deep experience and exceptional insight in the microcap space as does Mr. William J. Ritger, President of The Research Works, LLC Over his career, Bill has analyzed hundreds of microcap and small cap companies and has proven himself to be extraordinarily knowledgeable about companies in this underserved but opportunity-rich market," stated Penny Perfect, Founder and CEO of AlphaTrade.com. The Research Works is an equity research boutique founded in 1992 that focuses on small-cap, microcap and penny stocks. The Research Works' stated objective is to discover undervalued small companies and help them achieve fair value for their stocks by producing high-quality, paid research reports that are grounded in fundamental analysis and employ state-of-the-art equity valuation models. The Research Works targets a far-reaching network of sophisticated, self-directed investors and distributes its research through a strong Internet presence and a large direct-distribution list. "The report will undoubtedly increase knowledge and awareness of our Company. However, because it was created by a respected third-party analyst, with a proven history of discovering early stage emerging growth companies, the AlphaTrade story will be more appealing to the average investor. We obviously believe in our potential, but to have the strength of The Research Works behind our efforts makes our claims all the more credible," added Ms. Perfect. 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. Please visit the company websites at: www.AlphaTrade.com and www.AlphaTradeFN.com For further information:
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Forward-looking statements: This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect", "intend", "estimate", "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company cannot assure that it will finally consummate the proposed final form of its acquisition of the final elements of Private Treaty Markets or that we will profitably integrate all of its business elements when and if the acquisition is completed in its final approved form. Disclosures: This report was prepared by The Research Works, LLC ("RW"). Effective December 15, 2005, in consideration for RW's equity research services relating to this Company, including this report, to be performed through January 10, 2007, the Company agreed to pay RW a fee of 312,500 shares of the Company's common stock (restricted and refundable under certain circumstances outlined in the agreement with the client). This report is based on RW's independent analysis and judgment. The materials upon which the information at this site is based were based on sources believed to be reliable, but RW does not guarantee the information's accuracy or completeness. Unless otherwise noted, any interpretations, earnings estimates, and conclusions contained in this report are those of RW. This report is not intended to constitute a recommendation for any particular investor to purchase or sell any particular security or that any particular security is suitable for any particular investor. This report should not be construed as a recommendation or request to engage in any transaction, or an offer or solicitation of an offer to buy or sell any security or investment, and investors are advised to consult their personal broker or investment advisor before making any investment decision concerning any of the companies mentioned herein. Use of this report may be subject to applicable rules of any self-regulatory organization of which you may be a member. The information contained in this report is subject to change without notice, and RW assumes no responsibility to update the information contained in this report. Subject to certain restrictions posted in the Legal section of RW's web site (www.stocksontheweb.com), RW and its affiliated entities and persons may purchase and hold positions in the securities of its clients, but they are prohibited from selling any securities of a RW client during the RW service period to such client. © The Research Works, Inc. 2006. All rights reserved. Additional and supporting information is available upon request. William J. Ritger, who authored this report, has more than 30 years of professional equity research experience. He has passed the Series 7 examination, and he holds a BA (Economics) from Duke University and an MBA (Finance) from Columbia Graduate School of Business Administration. Mr. Ritger certifies that the views expressed in this report are an accurate representation of his personal views about the Company and its publicly traded securities. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, RW notes that except for the description of historical facts contained herein, this report may contain certain forward-looking statements that involve risks and uncertainties as detailed herein and from time to time in the Company's press releases and elsewhere. Such statements are based on RW's current expectations and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These factors include those described in the Company's press releases and SEC filings, all of which are hereby incorporated by reference. No forward-looking statements are a guarantee of future results or events, and one should avoid placing undue reliance on such statements. |