Printer Friendly
The Free Library
19,585,944 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

AlphaTrade Revenue More Than Doubles Previous Year's.


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
) reported that revenue for fiscal 2004 reached management targets by more than doubling the previous year's revenue. The news comes after AlphaTrade reported in October '04 that revenues were up 201% for the nine months ended September 30 '04 and 213% for the 3rd quarter compared to 2003's results.

"We couldn't be more thrilled with the way that AlphaTrade's momentum in the marketplace is continuing," 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.  Penny Perfect said. "This company has been around a number of years patiently making a name for itself - and increasingly customers are realizing we give them some of the industry's most feature-rich services at the most economical prices."

And she added, "The company achieved much in the way of technological and commercial progress in 2004 - a year that must increasingly be seen as pivotal for us. We will capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 momentum in '05 by augmenting our sales force, increasing our market exposure and forging continued strong alliances."

During 2004, AlphaTrade focused strongly on a twin strategy of expanding corporate alliances and adding capabilities and resources to the company's primary product, its data service package known as E-Gate. Both professional and retail sales increased as a result. Sales grew in the following regions: the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Russia, Ukraine, Spain, China, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Brazil, Venezuela and Canada. In the next few weeks the company will be announcing new applications and features that will enable it to gain an even bigger share of the international market.

"Our exposure in the international marketplace is gaining the company a more diverse and varied subscriber base," Ms. Perfect pointed out. "This will lead to an increase in advertising revenue for 2005 that will complement our growing subscription revenue. Many of our initiatives started years ago are bearing fruit now. The numbers tell the story."

About AlphaTrade: AlphaTrade provides a high-performance stock market data system (E-Gate) to professionals, investors and day traders at a cost effective price. Subscribers can rely on our data integrity, our intraday data and the ease of using the E-Gate system. To register for a FREE 7-Day trial, please go to www.alphatrade.com. AlphaTrade helps you build the perfect portfolio.

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 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.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jan 20, 2005
Words:443
Previous Article:Cubic Wins $113 Million Contract to Provide Next-Generation MILES Equipment for U.S. Army; U.S. Army to Receive New Laser-Based Simulation Equipment...
Next Article:The Digital Linchpin: Endavo Wins Race for 'The Last Mile'; Utah-based Digital Services Aggregator Levels the Playing Field for Voice, Data and Video...



Related Articles
AlphaTrade's 2003 Corporate Update.
AlphaTrade Aligns with TCI Asia to Expand Market Opportunities.
AlphaTrade Achieves Strong Revenue Results.
AlphaTrade -- Adding Greater China Stock Market Data.
Advertising Revenues Increase Dramatically for AlphaTrade; AlphaTrade Increases Exposure for Advertisers; Win-Win for Both Parties.
AlphaTrade Signs Agreement with General Steel of China for E-Trax Modular Financial Information Package; Company's Market Share Expanding in Asia.
AlphaTrade Ranked Number 330th Fastest Growing Technology Company in North America in 2005 Deloitte Technology Fast 500; Corporate Update; Attributes...
AlphaTrade Reports Another Quarter of Record Revenue Growth.
AlphaTrade.com Inks Deal with Kenny Bernstein Racing.
AlphaTrade's First Quarter Results and Corporate Update.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles