Kling & Jelko Wertpapierhandelsbank in Germany Tested and Approved AlphaTrade.com's E-Gate Product for its In-House Professional Use

Vancouver, B.C., CANADA, CANADA


VANCOUVER, British Columbia, Oct. 10, 2001 (PRIMEZONE) -- AlphaTrade.com (OTCBB:EBNK) (Frankfurt: TDR; WKN: 920952) is today announcing that Kling & Jelko Wertpapierhandelsbank AG (Frankfurt: KJD; WKN: 629 140), one of the leading securities trading and investment banking firms on the Frankfurt Stock Exchange in Germany, will use the E-Gate product for its own in-house professional use.

Kling & Jelko Wertpapierhandelsbank tested the E-Gate product and stated that E-Gate "is an excellent product and the price-performance relationship is very good. We will use E-Gate for our own securities traders that deal in North American Securities and we will add a greater number of users as soon as E-Gate offers the Data Feed for European Stocks to its services. We believe that AlphaTrade.com has a great future with E-Gate in Germany, both in the professional and the private client market."

About AlphaTrade.com:

E-Gate is a browser-based stock quotation service that provides immediate access to all of the exchanges in North America. This service includes a portfolio manager and a quote grid, both capable of handling 40 individual stocks each; a charting program for historical and intraday; up to 6 Level II screens; and much more. The E-Gate system can be up and running in a matter of minutes; there is no special equipment needed or software to download or install. Go to www.alphatrade.com or www.alphatrade-europe.de.

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 Litigation 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 risks inherent in the operations of a company.


        

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