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AlphaTrade Is Selected By China's AsiaInfo To Provide AlphaTrade Increases Presence and Ad Reach in Asian Market |
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Vancouver, British Columbia - Jan. 25, 2006 - AlphaTrade.com (OTCBB: APTD), the global provider of customized real-time financial information for professional, institutional and individual investors, announced today it has signed an agreement with AsiaInfo Holdings (NASDAQ: ASIA), a leading provider of telecom software solutions and security products and services in China. Under terms of the agreement, AlphaTrade will provide AsiaInfo with E-Trax, a new customizable and modular financial information tool for tracking and investing in the capital market, as well as advertising on AlphaTrade Financial Network (www.alphatradefn.com). This agreement represents AlphaTrade's commitment to expanding its financial tools, services and reach into the world's largest-growing market. "We're delighted AsiaInfo has recognized the value of AlphaTrade's products," said Penny Perfect, CEO of AlphaTrade. "Today's announcement with AsiaInfo, our third contract within China, underscores a growing demand for our financial services and products in the Chinese market. It is momentous that AsiaInfo acknowledges E-Trax as the most comprehensive streaming stock market module available to provide better communication and transparency to their investors." "AlphaTrade has an excellent reputation for providing timely financial information and extending a company's reach to the financial community," Steve Zhang, AsiaInfo's President and Chief Executive, explained. "AlphaTrade's experience in China and multilingual team has been vital in effectively implementing E-Trax and in ensuring that we can best capitalize advertising on AlphaTradeFN. We are confident this relationship will drive new traffic to AsiaInfo and create new business opportunities." AlphaTrade's AsiaInfo agreement follows previous partnerships and affiliations with companies or financial data services and stock exchanges throughout China, including General Steel Holdings (OTC BB: GSHO) and The YaSheng Group (OTC BB: YHGG). E-Trax is a set of customizable multi-channel modules that are integrated into a company's online business destination within minutes. These Web-based tools provide greater transparency to investors to obtain more complete financial information such as stock quotes, SEC filings, active issues, breaking and archived news, stock charts and market snapshots of any public company, instantly. AlphaTradeFN is a free site offering unique advertising opportunities for companies wishing to attract direct long-lasting exposure to the financial community at large. About AlphaTrade "No one knows your money like you do" Launched in 1999, AlphaTrade offer financial data that is modular and multi-lingual to millions who "follow the market" on a daily basis. AlphaTrade data can be conveniently accessed through a number of Internet-enabled systems, including computers, Web TV's, and wireless hand-held devices. The company's flagship product, E-Gate, offers unparalleled, reliable, and accurate real-time investment information coupled with the most advanced trading analysis tools. For more information, click on www.AlphaTrade.com, contact Investor Relations IR@AlphaTrade.com, and contact RLM directly at PR@AlphaTrade.com. About AsiaInfo Holdings, Inc. AsiaInfo Holdings, Inc. (NASDAQ: ASIA) is a leading provider of high-quality telecom software solutions and security products and services to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a leading provider of security products and services in China with the acquisition of Lenovo's non-telecom related IT services business in 2004. Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for China's major national telecom carriers, such as China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions throughout China. For more information about AsiaInfo, please visit www.asiainfo.com. Contact
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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. |