more NEWS!!!
Wednesday September 13, 1:35 pm Eastern Time
Press Release
IBM Executive to Join AlphaTrade.com as
Chief Operating Officer
VANCOUVER, B.C.--(BUSINESS WIRE)--Sept. 13, 2000, Gordon Muir,
chairman of AlphaTrade.com (OTCBB:EBNK - news) is pleased to
announce the appointment of Victor Cardenas as chief operating officer
as of Oct. 1, 2000.
Cardenas has been with IBM Corporation (NYSE:IBM - news) for the past 30 years. Cardenas has spent the last
16 years in Canada coming from IBM's head office in New York and Mexico City where he held both technical
and management positions. ``I see an opportunity with AlphaTrade that does not come along very often and I
am excited about joining the company in a full-time capacity,'' says Victor Cardenas.
His superb understanding of technology and their applications complements his strong management and sales
experience. Cardenas and his team with IBM have been directly involved and responsible for more than 250
million US in sales. ``With his varied and extensive understanding of e-business as it applies to different
industries and market segments, Mr. Cardenas will certainly be an asset to the continued growth and
development of AlphaTrade's international sales and marketing,'' states Gordon Muir.
Under Cardenas leadership, AlphaTrade will continue to rollout new applications designed to enhance the
services currently offered and will develop sales and marketing programs to expand its' market penetration in
targeted geographic regions like Latin America and Europe.
AlphaTrade is also pleased to announce that the fees for non-professional users of Nasdaq Level II have been
lowered to $10 per month from the previous $50 per month, effective Sept. 1, 2000. This is a significant savings
for our subscribers making our total US package only $30 per month including the exchange fees for NASDAQ,
AMEX and NYSE. All of our current non-professional subscribers have received a credit of $40 for the fees
which would have been paid in advance for the level II.
AlphaTrade.com's products utilize the latest in technology to provide streaming financial data via a suite of
products known as E-Gate. These products include real time stock quotes, multiple portfolio managers, ticker,
news, Level 2 Nasdaq and more. AlphaTrade is a true E-Commerce Internet-based company with ``patent
pending'' applications. Subscribers do not need to purchase, lease or download any software. All of the financial
applications are available via the Internet for a low monthly subscription price. AlphaTrade's unique applications
are designed to offer corporations and computer users secure business and personal program choices at
anytime, in any language, from anywhere in the world through any dial up, dedicated connection or wireless
network.
For further information, please contact the company at 604/681-7503 or visit our website at www.alphatrade.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained
herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed in the forward-looking statements, including,
but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time
in AlphaTrade's filings with the Securities and Exchange Commission.
Contact:
AlphaTrade.com
James Chan, 877/288-7799
james@alphatrade.com |
