MONTREAL, Dec. 10, 2008 (GLOBE NEWSWIRE) -- Stock-Trak Group (OTCBB:STKG), www.stocktrak.com, today announced significant improvements in its operations during fiscal year 2008.
"This year, 2008, has been a milestone year for Stock-Trak Group on a number of key fronts, most notably the continued growth of our leading real-time simulation and education platform, www.WallStreetSurvivor.com, and our increasing operational efficiencies that have resulted in a stronger cash position at year end," stated Stock-Trak CEO Rory Olson.
Highlights and key accomplishments achieved in 2008 include:
* May launch of version 2.0 of the WallStreetSurvivor.com portal
which featured better site navigation, more education, and better
social networking tools that have resulted in more page views and
improved site-retention;
* Finalized and launched a joint venture with National Post for a
Canada-wide $150,000 Stock Market Challenge featuring U.S. and
Canadian equities called "Be a Stock Star" (www.StockStar.ca)
that attracted over 30,000 registrants;
* Through increased revenues across all channels and consolidation
of the Atlanta and Montreal operations, reduced the operating
loss and better managed cash position;
* Increased aggregated page views for Stock-Trak web properties
from 150,000 per day to as high as 700,000 per day;
* Increased the number of professors using the Stock-Trak education
platform by over 20 percent;
* Renewed all of the company's major clients including The Motley
Fool, McGraw-Hill, Peak 6 and Wellington Financial;
* Wall Street Survivor's Alexa ranking has been consistently in the
top fifty thousand web sites on the net, having recently achieved
rankings in the top 20,000;
* Signed white label platform agreements with Scottrade and Traders
Expo; and
* Exceeded expectations for company's recently upgraded simulated
trading engine, the Survivor Trading Platform, with over
3,000,000 trades made and over 50,000 portfolios revalued every
minute, generating over 19,000,000 calculations per trading day
About Stock-Trak Group, Inc.
Founded in 1990, Stock-Trak Group, Inc. is a leading global provider of web-based stock market simulation and training products. Through its wholly owned subsidiary, Stock-Trak, Stock-Trak Group targets the academic and financial services markets with proprietary stock market simulation and training tools. Wall Street Survivor (www.wallstreetsurvivor.com), part of Stock-Trak Group's consumer division, targets online investing, trading and game enthusiasts with a market leading web 2.0 investment-oriented educational simulation and contest web site while replicating the real world stock market experience without the risk. Our media division is a full service marketing firm that operates an advertising based network of outdoor multimedia L.E.D. display screens. Stock-Trak Group has three office locations in Montreal, Quebec; Mississauga, Ontario and Atlanta, Georgia.
Important Information about Forward-Looking Statements: All statements in this news release other than statements of historical facts are forward-looking statements which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause the Company's actual results, events or financial positions to differ materially from those included within the forward-looking statements. Such factors include, but are not limited to, the availability of capital resources, our ability to execute our business plan, our ability to attract and retain customers and qualified personnel, customer acceptance and satisfaction with our event marketing services and proposed stock market simulation contest, changes in applicable regulatory actions, changes in the securities or capital markets, statements of assumption underlying any of the foregoing, and other factors disclosed in our annual report on Form 10-K for the year ended December 31, 2007 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date hereof.