TRAC hits 100,000
Track Data Reports New Milestone: 100,000 myTrack Members
NEW YORK--(BUSINESS WIRE)--Feb. 22, 2000--Track Data Corporation (Nasdaq NMS: TRAC - news) today reported
a new milestone for its myTrack service--100,000 registered members. Last Friday, February 18th, the 100,000th person
downloaded the myTrack software and registered for an account.
''100,000 members is very significant for us because it brings us critical mass,'' said Barry Hertz, Track Data Chairman and CEO. ''It's a snowball effect for us.
More members join and they give us their feedback how we can improve the myTrack service. As we improve the service, more members join.''
The pace of adding new registered myTrack members continues to accelerate:
Member Date How long it took
-----------------------------------------------------------
70,000 August 18, 1999 ---
80,000 November 18, 1999 89 days
90,000 January 11, 2000 54 days
100,000 February 18, 2000 38 days
It's easy to become a myTrack member. You can open a free myTrack account by going to mytrack.com and downloading the software. The basic
myTrack account is free, but if you choose to receive premium services such as streaming real-time quotes, streaming real-time news (including Dow Jones news),
and access to premium content, there is a charge. There are three paid plans available--silver, gold, and platinum--and they are described on the web site.
In addition, myTrack members are encouraged to open online trading accounts through myTrack. There is no charge to open a trading account, but there is a $500
minimum for cash accounts and there are commission charges for trades executed. Commissions, which start at $12.95 for equity trades, are described in detail on
the web site.
Track Data is a New York-based financial services company that offers myTrack, a fully integrated Internet-based online trading and market data system. myTrack
offers the first week of trading commission-free. To open a trading account, go to mytrack.com and click on the ''Open a Trading Account'' button.
myTrack delivers a continuous dynamic stream of live market data and investors' online trading activity. Trading is offered at prices starting at $12.95 per trade.
myTrack is delivered over the Internet powered by application-based software and a constant server connection similar to systems used by professionals, making it
faster than the HTML web site-based static pages offered by most of its competitors, such as E*Trade (Nasdaq: EGRP - news), Schwab (NYSE: SCH - news),
and Ameritrade (Nasdaq: AMTD - news). myTrack delivers free streaming delayed quotes and unlimited free real-time extended quotes, as well as breaking
company news, a trade by trade log, charting for technical analysis and a proprietary library of intra-day market statistics. For $19.98 per month plus exchange fees,
users can subscribe to streaming real-time quotes. A menu of features, including Nasdaq Level II, is available separately or in value packages. Download myTrack
software or open a trading account at mytrack.com or call 1-800-myTrack. For information about myTrack's SDK, go to mytrack.com.
Track Data provides real-time financial market data, news, fundamental research, charting and analytical services to institutional and individual investors through
dedicated telecommunication lines and the Internet. Additional information may be obtained by contacting Laurel Louison, Investor Relations, at 718-522-7373 or
by e-mail: laurel_louison@tdc.com.
Contact:
Track Data Corporation, Brooklyn
Laurel Louison, 718/522-7373
Investor Relations
e-mail: laurel_louison@tdc.com |
