AlphaTrade Reports Another Quarter of Record Revenue Growth

VANCOUVER, British Columbia- August, 15, 2006 - AlphaTrade.com (OTCBB: APTD) has announced its financial results for second quarter ended June 30, 2006. All results are reported in US Dollars (US) under accounting principles generally accepted in the United States of America (US GAAP).

AlphaTrade reported Q2 revenue of $975,220, a 44% increase in revenue over Q2 2005. AlphaTrade has now reported 26 quarters of revenue growth. For the quarter, it posted a loss of $113,368 due primarily to the issuance of shares to consultants for the purpose of marketing our products and services. This effort is expected to translate into increased revenue throughout the balance of 2006.

Q2 2006 Financial Highlights compared to Q2 2005:

  • Total revenue Increased 44% to $975,220
  • Advertising revenue increased 450% to $242,585

"In Q2, AlphaTrade continued to actively pursue the expansion of our advertising program and our E-Trax program. We are garnering many international subscribers for our real time stock quote service which in turn makes our advertising program much more effective and attractive for our advertisers. There is a tremendous opportunity available right now to provide publicly traded companies around the world access to a target audience that is perfect for their marketing needs. Our advertisements are professionally created in-house and the finished product appeals to the active investor which is our exact demographics," states Penny Perfect, AlphaTrade's CEO.

"For the remainder of 2006 and continuing into 2007, AlphaTrade will continue to build a strong marketing team with international contacts. Our core business is a subscriber based revenue product that markets real time stock quotes and our burgeoning business is online advertising. The potential for our online ad revenue to eclipse our subscription revenue is a distinct possibility as we believe our unique advertising program will increasingly become part of a public company's arsenal to augment their marketing and stock exposure programs," continued Ms. Perfect.

Key points:

Expansion of Sales and Marketing team - AlphaTrade is now hiring sales professionals with international experience and an established network of relationships around the world.

This fall we will be introducing some innovative and unique financial applications customized for novice and experienced traders.

AlphaTrade is well known as a professional stock quote service that is priced sensibly and utilizes state of the art technology. We will build on this reputation to garner more international business and we anticipate most of our future stock quote business to be directly related to customer referrals.

The full 10-QSB is available for review at www.alphatrade.com

About AlphaTrade

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 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 advanced trading analysis tools. For more information, please visit our website at www.AlphaTrade.com.

Contact

Redwood Consultants, LLC
415-884-0348
Email: investorinfo@redwoodconsultants.com
http://www.RedwoodConsultants.com

Safe Harbor Statement

This release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "expects", "will", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could", or "might" occur.