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AlphaTrade.com -- Corporate Update
AlphaTrade.com -- Corporate Update
VANCOUVER, British Columbia--(BUSINESS WIRE)--July 22, 2004--AlphaTrade.com (OTCBB:APTD), a provider of real time stock quotes, is announcing its financial results for the second quarter of 2004 ending June 30. For the three-month period ended June 30, 2004, AlphaTrade reports revenues of $461,083 compared to $208,102 for the same period in 2003 which is an increase of 121%.
Penny Perfect, CEO of AlphaTrade, states, "Our financial progress reflects the impact of our marketing strategy which has resulted in a substantial increase in the number of E-Gate subscribers. We have also experienced a dramatic increase in the number of companies using our E-Gate Internet tools. Although these tools are mostly a free service offered by AlphaTrade for any website, the exposure gained by AlphaTrade is increasingly building our subscriber base. We utilize our network of affiliates to increase market awareness for our E-Gate product across the U.S. and international markets."
Perfect further states, "While expanding our E-Gate subscriber base is our primary focus, we are currently building our next generation of content delivery. This new generation product will be launched in early fall, 2004 and we believe it will be enthusiastically received in the marketplace which ultimately results in more subscribers."
AlphaTrade's marketing focus remains on growth and development through strategic partnerships. One of our more aggressive marketing campaigns will begin in August with one of our most dynamic partners www.FreemarketNews.com. FreeMarketNews is seeking to dominate the financial news industry and is growing their business at a phenomenal rate. This multi-tiered marketing campaign has been designed to offer the consumer the greatest value for their money. AlphaTrade and FreeMarketNews will offer a combined product that has the potential to become the market standard for all investors.
About AlphaTrade.com: (OTCBB:APTD) provides real-time, streaming stock quotes and financial information via a comprehensive and cost-effective program called E-Gate. E-Gate includes Level II for all markets including Pink Sheets, 10 Portfolio managers, news, an exceptional charting program and much more. E-Gate subscribers access multi-lingual financial data for equities, options, and indices for all North American exchanges. Sign up now for a 7-day free trial: www.alphatrade.com.
SAFE HARBOR STATEMENT: Except for historical information contained herein, the statements in this 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.
Contacts
AlphaTrade.com
James Chan, 604-681-7503
james@alphatrade.com
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