AlphaTrade Acquires NetStream.VANCOUVER, B.C.--(BUSINESS WIRE)--Dec. 6, 1999-- AlphaTrade.com(TM) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:EBNK) is pleased to announce that it has signed an agreement to acquire NetStream Incorporated of San Jose, Calif. "The annexation of NetStream's technical prowess and AlphaTrade's continued success at building the future of interactive web applications creates a powerful force in the vertical markets of both companies," said Eric Hines, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of NetStream Inc. Although a young company, NetStream already has established partnerships with the some of the industries most powerful contenders such as Cisco (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) and Alcatel (NYSE NYSE See: New York Stock Exchange :ALA) enabling AlphaTrade to offer a wide variety of services to a much broader range of clientele. AlphaTrade believes that the strongest indication of the future success for any Internet company is their attention to security. Like V-One Corporation (Nasdaq: VONE), Netstream has the technical expertise to provide the security needed for E-Commerce over the Internet for any operating system including Linux's Redhat (Nasdaq:RHAT RHAT Red Hat (stock symbol) RHAT Rainwater Harvesting Association of Tanzania RHAT Register Hba Attributes ). AlphaTrade now has the ability to provide their clients secured remote access from anywhere in the world. Through the integration, development and management of Virtual Private Networks (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ), firewalls, encryption technologies, smart cards and state-of-the-art Intrusion Detection services, AlphaTrade can today meet the demands of the future. NetStream Incorporated is a customer-driven network security firm that also places particular dexterity in Enterprise Network solutions. The services implemented by NetStream are specifically tailored for the network environments of today by providing monthly maintenance contracts in the constant surveillance of the customer's network. For more detailed information go to www.netstream-inc.com AlphaTrade.com(TM) is a true E-Commerce Internet-based company with "Web-to-desktop" convergence technologies and applications. Without ever having to purchase, lease, or download software, the AlphaWare(TM) line of applications are designed to offer computer users secure endless business and personal program choices available anytime, anywhere through any modem or cable connection. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in AlphaTrade's filings with the Securities and Exchange Commission. |
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