NexTrend Releases Next Generation Electronic Direct Access Trading, EDAT, Technology Plus New and Expanded Market Analysis Features.

Business Editors & High-Tech Writers

DALLAS--(BUSINESS WIRE)--Oct. 29, 2001

NexTrend Technologies, Inc., a provider of state-of-the-art streaming real-time trading and decision support technology for active traders and investors, today announced the release of EDAT(sm), a leading-edge electronic direct access trading platform designed for active traders.

NexTrend's Electronic Direct Access Trading (EDAT) system provides brokers and their customers with an improved ability to customize and control their back office and front-end trading platforms. EDAT features include multiple streaming Nasdaq Level II windows, streaming charts, tickers, point and click and/or hot keys for trading and fast direct order entry, live order status, account positions, buying power, cancelled orders, time and sales, heat maps and many other features. NexTrend also gives customers their choice of order routing, providing direct access to Nasdaq SOES, SuperSOES, SelectNet and Electronic Communication Networks (ECNs) Island, Archipelago, REDI, and BRUT.

The EDAT system offers complete back office integration with a full suite of streaming real-time risk management, compliance, and monitoring tools, such as, an encrypted connection allowing real-time monitoring of clients activity over the internet. The software provides managers with the ability to set up and manage any client's account trading privileges, including buying power, profit and loss and many other features in real-time without ever having to log a client off the system. "There is no need for costly on-site servers with multiple data and communication lines, instead NexTrend provides the technology infrastructure so brokerage firms can keep their costs to a minimum while focusing on running and growing their business," said Mark Cherlin, President and CEO of NexTrend.

The EDAT software can be fully integrated into the new release of NexTrend Analysis(sm) version 3.0. This integration allows traders to trade from most actives, quote boards, charts, time and sales, market scan, and many other windows. Analysis version 3.0 now offers new features such as Hot Keys, Selective Linking, Internet Windows, twenty-two financial news sources (through an arrangement with NewsWare, Inc.) and many other features.

"We're already getting feedback from brokers and traders that the NexTrend platforms surpass leading competitive platforms in terms of speed, reliability, and features," said Mark Cherlin. "Brokers, traders, and investors looking for streaming real-time stock market data, direct access trading, institutional quality analytics, and news can find all that and much more within the NexTrend software."

NexTrend Technologies, Inc. (www.nextrend.com), based in the heart of the Texas Telecom Corridor in Richardson, Texas, is a wholly-owned subsidiary of NexTrend, Inc. NexTrend provides institutional quality financial services, decision support tools and electronic direct access trading technology solutions to the financial services industry. NexTrend markets its services to and through online brokers, investment service providers and traditional brokerage firms. The Company currently has customers in over 85 countries worldwide.

This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any forward-looking statements, including those regarding intent, belief or current expectations of the company or its management, are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of various factors. Such factors include, but are not limited to, general economic conditions and competitive pressures in the markets in which the company operates, regulatory changes, one-time events and other risks.