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E-TRADE Canada Announces Exclusive Online New Issue and Research Distribution Deal With Yorkton Securities in Conjunction With Launch of E-TRADE Canada's IPO Centre.


TORONTO--(BUSINESS WIRE)--Sept. 1, 1999--

(TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:V.)(ME:V.)--E-TRADE Canada(r), the leading online investing service for independent Canadian investors, today announced it has reached an agreement to distribute new issues led by Yorkton Securities Inc. as part of its launch of the E-TRADE Canada IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  Centre. As part of this exclusive agreement, E-TRADE Canada will also offer Yorkton research to its online clients on a subscription basis.

"Through this agreement, our clients will have access to some of the best technology IPOs offered in this country. In the past, these issues have been available predominantly to large institutions and brokers' best clients," said Colleen col·leen  
n.
An Irish girl.



[Irish Gaelic cailín, diminutive of caile, girl, from Old Irish.
 Moorehead, President of E-TRADE Canada. "Combined with Yorkton's significant underwriting expertise in this exciting sector, E-TRADE Canada can now offer a unique communication tool to the online communities of these technology companies."

"In the US, online retail investors Retail Investor

Individual investors who buy and sell securities for their personal account, and not for another company or organization.

Notes:
Retail investors buy in much smaller quantities than larger institutional investors.
 have become an important investor community for our issuing companies," said Roger Dent, Vice Chairman and Director of Research of Yorkton Securities. "We want to ensure that Canadian issuers are able to obtain the best possible distribution for their IPOs. Our partnership with E-TRADE Canada is an important experiment in the enhancement of IPO distribution in Canada. By pairing our research with IPO access, we can ensure that online investors have all the information they require to stay informed on our issuing companies on an ongoing basis."

Beginning in October, E-TRADE Canada customers may register to receive Yorkton research free for 30 days, after which they may subscribe for both knowledge-based or resource-based research for a monthly fee. Access to this highly-ranked research on an unbundled basis further levels the playing field for the independent online investor.

To become a customer, preview the IPO Centre or research products in addition to all the tools found on the E-TRADE Canada site, visit www.canada.etrade.com.

About Yorkton Securities

Yorkton Securities Inc. is a specialized Canadian investment dealer with focused expertise in Knowledge Industries and Natural Resources. Yorkton believes that a focused approach creates a superior ability to predict the course of rapidly-unfolding events in the Knowledge Industries sector and leads to better investment returns. Yorkton is a leading underwriter of Knowledge Industries new issues in Canada.

Yorkton employs over 20 research professionals dedicated to the Technology, Telecommunications, Healthcare, Media & Entertainment, Lifestyle & Leisure, Industrial Technology, Mining and Oil & Gas sectors. The company, which is employee-owned, has over 400 employees located in offices across Canada Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET. , in 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.  and in Europe.

About E-TRADE Canada(r)

E-TRADE Canada(r) has established a popular destination website offering independent investors the convenience and control of automated stock, option and Canadian mutual fund trading at low commission rates. In addition, E-TRADE Canada has a suite of investing tools that can be personalized, including portfolio tracking, Java-based charting and quote applications, real-time stock quotes, market commentary and analysis, up-to-the-minute news and other information services See Information Systems. . Customers can access E-TRADE Canada at www.canada.etrade.com on the Internet as well as through interactive voice response.

E-TRADE Canada was the first online investment service in Canada to earn the CA WebTrust Seal of Assurance. This seal of assurance informs electronic commerce consumers that E-TRADE Canada maintains strict controls and procedures to safeguard its private information.

The E-TRADE Canada site was chosen as one of Canada's 50 Most Amazingly Helpful Sites in a recent edition of Yahoo! Canada's Picks of the Week.

E-TRADE Canada(r) is a trademark of E-TRADE Securities, Inc., and is used with their permission. E-TRADE Securities, Inc. (Member NASD/SIPC), and its parent company, E-TRADE Group, Inc., are headquartered in Menlo Park, California Menlo Park is a city in San Mateo County, California in the United States of America. It is located at latitude 37°29' North, longitude 122°9' East. Menlo Park had 30,785 inhabitants as of the 2000 U.S. Census. .

About VERSUS Technologies Inc.

VERSUS Technologies Inc. (TSE, ME: V), together with its wholly-owned subsidiary VERSUS Brokerage Services Inc., is a leading provider of electronic securities trading securities trading, financial activity involving transactions of property such as stocks, bonds, commodities, and currency (see securities). Although the trading of stocks and bonds dates back several centuries in many Western nations, the development of the  services to the Canadian marketplace. VERSUS develops, distributes and provides access to electronic securities trading services and related products for both retail and institutional investors Institutional Investor

A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions.
 through its electronic trading This article or section is in need of attention from an expert on the subject.
Please help recruit one or [ improve this article] yourself. See the talk page for details.
 network.

VERSUS' retail business is marketed exclusively in Canada under the E-TRADE Canada(r) name, as a service of VERSUS Brokerage Services Inc. The E-TRADE Canada(r) service is offered in all provinces.

VERSUS Technologies Inc. and VERSUS Brokerage Services Inc. are headquartered in Toronto, Canada. VERSUS Brokerage Services Inc. is a member of the Toronto, Montreal, Vancouver and Alberta stock exchanges Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
, the Investment Dealers Association of Canada, and the Canadian Investor Protection Fund The Canadian Investor Protection Fund (CIPF) is a not-for-profit corporation created by the Canadian investment industry to protect investor assets in the event of a CIPF member's bankruptcy. .

Visit E-TRADE Canada's Website: www.canada.etrade.com
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 2, 1999
Words:741
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