AlphaTrade Reports Significant Growth Year-to-Date -- up 200%.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- AlphaTrade (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :APTD APTD Aid to the Permanently and Totally Disabled APTD Army Personnel Transformation Directorate APTD Appointed ) reports significant revenue increases for the nine months ended September 30, 2004 over the same period, '03. Third quarter results were up as well over the same period, '03. Losses declined sharply. Penny Perfect, 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 AlphaTrade states, "Our Q3 financial results portray that we are consistently increasing our revenues and achieving better financial results. We believe the revenue growth portrays an overall trend toward higher growth. As our revenue continues to increase, we will have the flexibility to expand our operations and develop our fundamental business at an ever-increasing rate." AlphaTrade's revenues were up 201% for the nine months ended September 30 and 213% for the latest three-month period compared to 2003's results. The net loss decreased by 80% for Q3 to $194,282 from $947,936 or $0.01 per share compared to $0.05 per share for 2003. The net loss decreased by 84% for the nine months ended September 30 to $1,249,051 from $7,851,440 or $0.05 per share compared to $0.57 per share. The cash loss from operations was only $241,391 compared to $637,760 for the comparative nine months. All of these are huge improvements and show a consistent pattern that would indicate the outlook for continued future growth is strong. "All of these are huge improvements," said Ms. Perfect. "The industry and user community is acknowledging AlphaTrade's outstanding quality and value. For this reason, we have confidence the bottom-line of AlphaTrade will continue to show improvements quarter-to-quarter and year-to-year." About AlphaTrade AlphaTrade provides a high-performance stock market data system (E-Gate) to professionals, investors and day traders Day Trader A stock trader who holds positions for a very short time (from minutes to hours) and makes numerous trades each day. Most trades are entered and closed out within the same day. Notes: This is a highly speculative practice. at a cost effective price. Subscribers can rely on our data integrity, our intraday Intraday Another way of saying "within the day." Notes: This term is often used for the new highs and lows of a security. For example, "a new intraday high" means a security reached a new all-time high throughout the trading day, but then fell by closing. data and the ease of using the E-Gate system. To register for a FREE 7-Day trial go to www.alphatrade.com. 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 Except for historical information contained herein, the statements in this release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company. |
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