Another NR again today.. busy company
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Future Technologies, Inc. subsidiary SE Global Equities Inc. Adds Brazil
to Global Network and Launches New Online Trading Platform
Establishes Foothold in Latin America and Expands Reach of Network
OTCBB: FTUT
HOPKINS, MN, Apr 17, 2001 /PRNewswire via COMTEX/ -- Future Technologies, Inc.
(OTCBB:FTUT) subsidiary SE Global Equities Inc., a provider of technology and
financial resources for international investors, reports that a second online
trading platform has been integrated into its international financial website,
www.SEGlobal.com. In addition, the company is pleased to announce that the
brokerage firm Corretora Souza Barros of Brazil has joined SE Global's growing
alliance broker network.
New Trading Platform
SE Global's integration of a new trading platform into its global financial
portal, www.SEGlobal.com, enables its members to take full advantage of the
sophisticated online trading and information services and features of those
brokers who are already a part of the SE Global alliance network and who have an
established online trading capability on their websites.
While SE Global's existing trading platform (Intertrade) addresses the specific
needs of brokerage firms without an online trading presence or who require a way
to receive and process international electronic orders, this new platform offers
several distinct advantages to SE Global members. As well as providing SE Global
members with access to the information in the local language of the brokerage
firm, the new trading platform offers other advantages, including immediate
access to a brokerage firm's existing suite of financial products (such as
Options, Bonds, and Mutual Funds) and access to local research. An additional
advantage to SE Global is the elimination of the costs associated with
translating website content into multiple languages.
"This new platform is intended to attract an internationally diverse range of
users and to significantly reduce costs associated with integrating new brokers
into SE Global's alliance network of brokerage firms," said Toby Chu, SE Global
President & CEO. "We are also delighted with how this platform will enable SE
Global users to rapidly access a more diverse and extensive range of financial
products and services."
Brazilian Brokerage Firm
With the addition of Souza Barros to its alliance network of brokerage firms, SE
Global has broadened its reach into 25 stock exchanges in 23 countries spanning
five continents. This newest alliance partner also expands SE Global's presence
in Latin America to five countries, including Argentina, Brazil, Costa Rica,
Uruguay and Mexico.
In operation since 1928, Souza Barros has been one of Brazil's most aggressive
brokers in offering an array of online investor services such as breaking news,
daily market reports, advisor support, while also providing analyst reports and
financials for 250 public companies. As one of the first brokerage firms to
utilize SE Global's new trading platform, along with offering SE Global members
access to the Sao Paulo Stock Exchange, Souza Barros will also immediately be
able to offer SE Global members access to its broad range of financial products
including commodities, currency and bond trading.
About SE Global Equities, Inc
SE Global is a provider of technology and financial resources for international
investors. SE Global provides direct access trading software and market data
through a formal licensing and worldwide distribution agreement with Direct
Access Financial Corporation. Through an agreement with Trade Direct USA Inc.,
SE Global Trade(TM) users are provided with trade execution and support services
through Allen Douglas Direct Inc. and clearing services from Penson Financial
Services Inc.
Through SE Global's international financial website at www.SEGlobal.com, SE
Global members are provided with access to its global alliance network of 26
independent brokerage firms covering 25 stock exchanges spanning five
continents. SE Global is not a securities dealer in its own right and has not
sought such registration. All trade execution and support services are provided
by the individual alliance broker in compliance with local regulatory
requirements. Not all securities, products or services described are available
in all countries, and nothing herein is an offer or solicitation of securities
products and services in any jurisdiction where their offer or sale is not
qualified or exempt from registration.
For more information on SE Global visit its websites at www.SEGlobalTrade.com
and www.SEGlobal.com.
On Behalf of the Board of Directors
of FUTURE TECHNOLOGIES, INC.
Toby Chu
President & C.E.O.
SOURCE Future Technologies, Inc
CONTACT: Investor Relations Contact: Mr. Quentin Mai (x)
N. America Toll Free: 1-888-865-0901 Ext.312 (x) Email:
investor@SEGlobal.com
(FTUT)
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