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Belzberg Technologies Inc. Awarded U.S. Patent for Spreadsheet Trading Technology.


Business Editors & High Tech Writers

TORONTO--(BUSINESS WIRE)--Oct. 20, 2000

Belzberg Technologies Inc. (CUBS CUBS Completely Useless by September
CUBS City University Business School (UK)
CUBS Credit Union for Berkeley Students
CUBS Citizens United for Baseball in the Sunshine
:BELZ) (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:BZTIF), a leading provider of global trading and order management systems, protocol translation gateways and e-commerce solutions, announced today that it was awarded U.S. Patent No. 6,134,535, "Computerized Stock Exchange Trading System The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
," on Oct. 17, 2000. The patent covers technology that allows traders to execute basket and automated arbitrage trades from within a spreadsheet, and is part of the company's integrated suite of advanced trading tools. The flexibility of Belzberg's spreadsheet-based technology allows the rapid creation of powerful, customized trading solutions.

"The issuance of this patent demonstrates our technological leadership in the industry," said Sid Belzberg, president of Belzberg Technologies. "The level of customization available through our unique trading technology is unmatched and indicative of our commitment to deliver dynamic, client-specific solutions."

About Belzberg Technologies

Belzberg Technologies Inc. is a leading supplier of global Internet trading solutions, intelligent order routing systems, e-commerce gateways and business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
) integration solutions. Belzberg's distinct competence lies in its ability to deliver complete, real time, end-to-end order management, order routing and bi-directional protocol translation solutions for applications that demand high-speed, high-volume transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
 and protocol translations for global e-commerce.

In 1996 Belzberg invented and developed the world's first Internet-based, multi-protocol translation gateway for the securities industry and has since steadily captured a substantial market share in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry. Beyond its rapid growth in the financial industry, where the reliability of Belzberg Transaction Gateway has been proven in mission critical applications, Belzberg is now bringing its B2B technology to the commercial and industrial sectors.

The company has offices located in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Chicago and Toronto and a strong customer base that includes many of the leading financial institutions.

Except for historical information contained herein, the matters discussed in this press 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 involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors.

To find out more about Belzberg Technologies and its products, call 800/823-8631 or visit http://www.belzberg.com .
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 20, 2000
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