MidasTrade Appoints Former Korea Securities Dealers Association Chairman to Advisory Board.BUENA PARK Buena Park (bwā`nə), city (1990 pop. 68,784), Orange co., S Calif.; inc. 1953. Food processing, the manufacture of aircraft, and tourism are important to the city's economy. , Calif. -- MidasTrade.com Inc. (PINK SHEETS:MIDS MIDS Multifunctional Information Distribution System MIDS Matrix Information and Directory Services (USA) MIDS Multifunction Information Distribution System MIDS Municipal Infrastructure Data Standard ) is pleased to announce the appointment of Mr. Ho-Soo Oh to the company's Advisory Board. Mr. Oh was Chairman Korea Securities Dealers Association (KSDA KSDA Korea Securities Dealers Association KSDA Kenya Socialist Democratic Alliance ) and Korea Securities Analysts Association until March 2004 and now acts as an advisor to the KSDA. The Korea Securities Dealers Association was established in 1953 to promote self-regulation in Korea's securities industry in order to protect the interest of investors and to strive for the sound development of the securities industry. The KSDA has 101 members representing both Korean securities companies and branches of foreign securities companies operating in Korea. Previous to his tenor at KSDA, Mr. Oh was President and 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. of LG Investment and Securities Co. Ltd., the second largest brokerage firm in Korea with more than 10 billion Korean Won
MidasTrade President, Jay Lee stated, "The addition of Mr. Oh to our advisory board will no doubt benefit MidasTrade in both new business development and business relations with Korean securities firms. We welcome Mr. Oh to our team and look forward to his participation in the future business of our company." Mr. Oh, stated "I am pleased to join MidasTrade and work with the company to promote the MidasTrade Global Direct Access Network in Korea. This is a very valuable product for many of the members of KSDA and I am confident it will continue to be well received by the securities industry throughout Korea." About MidasTrade.com Inc. MidasTrade is a U.S. based company committed to the deployment of the MidasTrade Global Direct Access Network (GDAN) that allows investors to trade securities, options and futures in real time via their 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. account through the MidasTrade network of participating exchanges, all over the world. The MidasTrade GDAN is designed to provide investors with immediate execution and confirmation of their securities trade with minimal surcharges and commissions. The company successfully launched MidasTrade GDAN in South Korea and the U.S. in March 2002 and is expanding to Canada, 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. and Europe. Additional information is available at www.midastrade.com. Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such 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. . |
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