AlphaTrade Releases E-Gate in Traditional Chinese Language


VANCOUVER, British Columbia, Oct. 19, 2001 (PRIMEZONE) -- AlphaTrade.com (OTC BB:EBNK) (FSE:TDR WKN 920952) the world's first streaming, multi-lingual market data provider, announced today that traditional Chinese language is now available as an option in our streaming real time market applications. The Chinese language has been added due to the large number of requests from potential subscribers to our E-Gate stock quote system.

Gordon Muir, AlphaTrade CEO, said, " The completion of the Chinese language marks the achievement of an important strategic goal for AlphaTrade and the beginning of a period of operational focus. With the Chinese language, we now have available to our subscribers, all of the major languages in the world which serves to enhance and enlarge our potential customer base. Subscribers to the E-Gate stock quote system benefit from AlphaTrade's focus on performance, reliability and service."

"In addition, we will now be able to acquire new subscribers in the greater China marketplace and to enter into business arrangements with companies that have special access to this marketplace. We will be actively pursuing business relationships that will allow us to strengthen our earning potential and improve our revenues," stated Victor Cardenas, AlphaTrade's COO.

The market comprising the six provinces of Jianshu, Fujian, Zhejiang, Anhui, Jiangxi, and Shangdong and the city of Shanghai are believed to have the most dynamic economy in the greater China marketplace. These areas alone have a combined population of over 300 million.

About AlphaTrade.com: AlphaTrade is an online provider of streaming stock information with applications designed for use by both professionals and novice investors and traders. Aptly named, E-Gate, it is an electronic gateway to a browser based stock quote system that includes quotes, Level II, news, intraday and historical charts, most active, and many more unique applications. E-Gate is designed to provide investors access to real time financial information at less cost and greater convenience than any product on the market today. Subscribers do not need to purchase, lease or download any software.

The cost of E-Gate is only $17.00 plus applicable exchange fees. To subscribe, go to www.alphatrade.com or www.alphatrade-europe.de and follow the easy online instructions or contact sales@alphatrade.com.

SAFE HARBOR STATEMENT: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company.


            

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