Stockwalk.com to be Powered by Stox.com Online Brokerage Platform
MINNEAPOLIS, MINNESOTA AND VANCOUVER, BRITISH COLUMBIA--Stockwalk.com
Group, Inc. (OTC-BB:STOK - news), the parent company of Stockwalk.com Inc. (''Stockwalk.com'') and Miller, Johnson & Kuehn, Inc., and stox.com Inc. (VSE:URL - news) are pleased to announce that the two parties have entered into a definitive agreement for stox.com to develop and host key aspects of the Stockwalk.com online brokerage site. As part of the agreement, Stockwalk.com is licensing stox.Broker(tm), the premier turnkey Internet trading and financial management platform as the front-end application for its online brokerage system.
For almost 20 years Miller, Johnson and Kuehn (''MJK'') has been committed to maintaining the highest levels of service and reliability for our brokerage customers and clearing correspondents. stox.com, and the stox.Broker(tm) trading system were selected to enable Stockwalk.com to bring the same level of quality to www.stockwalk.com that our customers have come to expect from MJK, while bringing the brokerage site to market quickly and cost effectively.
''This agreement will enable us to offer our online clients a very easy to use, advanced trading site, '' said Eldon C. Miller, Chairman of Stockwalk.com Group, Inc. ''We look forward to extending our brokerage services to new clients through Stockwalk.com.''
The agreement between Stockwalk.com and stox.com defines a long-term, mutually beneficial relationship. Stockwalk.com Group, Inc. recently reached an agreement to purchase M.One Investments, Inc. of San Francisco, California. M.One (www.mone.com) is an established West Coast brokerage firm that offers services in English, Cantonese and Mandarin. Through expansion and acquisition, Stockwalk.com is poised to become a major player in the online trading industry, and stox.com will provide the technological backbone of the system as it grows.
''We are pleased to be working with Stockwalk.com. The reputation and industry recognition of Miller Johnson and Kuehn as a leader in trade execution, customer service, and correspondent clearing make them a perfect partner for stox.com. Together we will make Stockwalk.com very competitive against established online brokerages,'' stated Scott Blue, president of stox.com.
About Stockwalk.com Group, Inc.- Based in Minneapolis, Minnesota, Stockwalk.com Group, Inc. (OTC-BB: STOK - news) is a new public company with offices in seven states. Stockwalk.com Group's holdings include Stockwalk.com, MJK Capital Corporation, and Miller Johnson & Kuehn, Inc., a well established stock brokerage and equity/bond underwriting firm that also provides broker dealer services and transaction clearing for over 40 brokerage firms. Stockwalk.com has been created to provide online brokerage services to customers worldwide.
About stox.com: Headquartered in Vancouver, British Columbia, stox.com Inc. (VSE:URL - news) is listed on the Vancouver Stock Exchange and specializes in the development and marketing of technologies and services that will deliver real-time market data, and financial information, solutions for the development of online trading systems, and co-branded and private labeled web applications for the online financial community. For more information on products and services, please visit our World Wide Web site at www.stox.com. For further information on stox.com, please contact our investor relations department at 604.685.3171, or 1-800-797-9999.
U.S. Disclosure - Certain statements in this news release may constitute ''forward looking'' statements within the meaning of section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties, and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ.
Canadian Disclosure - This press release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
On Behalf of the Board of Stockwalk.com Group, Inc.
Eldon C. Miller, Chairman
On Behalf of the Board of stox.com, Inc.
Scott Ross Blue, President |
