Datastand Technologies Announces Agreement With Track Data Corp.Business Editors TORONTO--(BUSINESS WIRE)--Dec. 18, 2001 Datastand Technologies Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DATT), a leading provider of fundamental data on OTC-BB quoted stocks is pleased to report that its database product containing fundamental data on over 2700 companies quoted on the OTC-BB is being licensed by Track Data Corporation (Nasdaq:TRAC TRAC - Text Reckoning And Compiling ). "Track Data has been very aggressive in the OTC-BB market, therefore, using our database within their software makes for a perfect fit. This is a significant milestone for Datastand and we intend to build upon this strong foundation," commented Nick Montesano COO for Datastand. The data is now integrated within Mytrack Version 5.0, a fully integrated, Internet-based online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. and market data system. Datastand worked closely with Track Data to integrate the Datastand Database into an easy to use format within the Mytrack software. Datastand Technologies updates the data regularly to ensure Mytrack users have the most current information available on OTC-BB quoted companies. DataStand Technologies' OTC-BB Data is a database product containing fundamental data on over 2700 companies quoted on the OTC-BB. Ideal for financial websites and brokerage firms, this hard to find information is available to be integrated into websites or financial software applications. DataStand Technologies provides 28 distinct fields of data for over 2700 OTC-BB quoted companies. The data is available in three formats including co-hosting, XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. and text-based ASCII ASCII or American Standard Code for Information Interchange, a set of codes used to represent letters, numbers, a few symbols, and control characters. Originally designed for teletype operations, it has found wide application in computers. format. About the Companies Track Data is a New York-based 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. company that provides real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet. For individual investors, Track offers myTrack, a fully integrated, Internet-based online trading and market data system. myTrack's direct access online trading has commissions starting at $12.95 per trade and allows users the choice of where to route their orders. myTrack's continuous, dynamic stream of live market data is powered by application-based software and a constant server connection similar to systems used by professionals, making it faster than the HTML HTML in full HyperText Markup Language Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web. web-based static pages offered by most of its competitors. DataStand Technologies (DATT) is a growing Data provider. DataStand Technologies provides customer-oriented information research and document delivery services providing businesses with up-to-date, focused information to meet their business needs. In today's information age, many businesses, associations, and individuals understand the commercial value of competitive intelligence and information research for conducting their operations. DataStand Technologies provides timely information crucial to managing business success. The company's initial concentration has been in developing financial data solutions specifically fundamental corporate data for companies quoted on the OTC-BB. DataStand's OTC-BB Data provides websites and brokerage firms with critical information they can provide their users through websites and integrated within brokerage software solutions. For Further information visit www.datastand.com. Forward Looking Statement Disclosure In conjunction with the provisions of the 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. section of 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, this news release may contain forward-looking statements pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to future anticipated projected plans, performance and developments, as well as other statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc future operations. All such forward-looking statements are necessarily only estimates of future results and there can be no assurance that actual results will not materially differ from expectation. Further information on potential factors that could affect Datastand Technologies Inc. is included in the Company's filings with the Securities and Exchange Commission. |
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