NEWS Editors Choice
Company Press Release
A.B. Watley's Direct Access Brokerage Product Named an 'Editor's Choice' by Technology Investor Magazine Review
Highly rated product for combination of Ease-of-Use, Commissions and Customization
NEW YORK--(BUSINESS WIRE)--April 27, 2000-- A.B. Watley Group Inc. (NASDAQ: ABWG - news) premier provider of online and Institutional trading services through its brokerage firm A.B. Watley, Inc. (www.abwatley.com), announced today that its UltimateTrader FREE product was selected as an ``Editor's Choice'' in the latest review of Direct Access Trading software in Technology Investor Magazine.
``We are always pleased when our services are highly rated, especially by a quality publication like Technology Investor. They tested all of the leading services and the rating is another example of our continued industry recognition as the prime mover in direct access trading,'' said Robert Malin, President of A.B. Watley, Inc.
ABOUT A.B. WATLEY GROUP INC.
A.B. Watley Group Inc. is the parent Company of A.B. Watley, Inc., a multifaceted, technological and service-oriented brokerage firm offering two proprietary online trading systems, UltimateTrader©and WatleyTrader(tm), that provide realtime data feed and instantaneous execution for the most active segment of the online trading community. The A.B. Watley, Inc. Institutional Sales and Trading Division specializes in the execution of complex and sensitive large-block equity transactions for institutions, major investment managers, insurance companies, banks, and high net worth individuals. A.B. Watley Group Inc.'s competitors include E*Trade (NASDAQ: EGRP - news), Charles Schwab (NYSE: SCH - news), Ameritrade (NASDAQ: AMTD - news), TD Waterhouse (NYSE: TWE - news), MyTrack (NASDAQ: TRAC - news), DLJ Direct (NYSE: DIR - news) and National Discount Brokers (NYSE: NDB - news).
SAFE HARBOR STATEMENT
Certain statements contained herein, including statements regarding the development of services and markets and future demand for services and other statements regarding matters that are not historical facts, are forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995, as amended). Any number of conditions may occur which would materially affect important factors in this analysis and materially change expectations. These factors include, but are not limited to, customer trading activity, loss of one or more significant customers, change in technology, shifts in competitive patterns, ability to manage growth effectively, risks associated with acquisitions including integration risks, risks associated with strategic partnerships, various project-associated risks, substantial competition, general economic conditions, risks associated with intellectual property rights, risks associated with international operations and other risk factors listed from time to time in A.B. Watley Group Inc.'s filings and reports with the Securities and Exchange Commission.
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Contact:
William Arnold Kevin Kelly
A.B. Watley Group Inc. A.B. Watley Group Inc.
(212) 422 1664 ex 5825 (212) 422 1664 ex 5826
warnold@abwatley.com kkelly@abwatley.com |
