AlphaTrade.com Announces Record Subscriptions Increase.Business Editors, High-Tech Writers VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 5, 2001 AlphaTrade.com (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EBNK): Victor Cardenas, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. is pleased to announce that new subscriptions for services have increased at a record pace in January 2001. "Our subscription base increased 64% in January 2001," said Victor Cardenas. "We are pleased with these new subscriptions because it validates our belief that AlphaTrade offers the best value available for reliable, real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. stock information for investors. Continued customer acceptance should allow Alphatrade to be cash-flow positive sometime in the second quarter of this year." About AlphaTrade.com: AlphaTrade.com is an e-commerce, Internet-based corporation with a unique and proprietary product called E-Gate. The company provides subscribers with access to financial information at less cost and greater convenience than any other existing product on the market today. Subscribers do not need to purchase, lease, or download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. any software. All of the financial applications are available via the Internet for a low, pay-as-you-go subscription price. Sign up now at 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 news 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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