Intrex, Incorporated to Launch Innovative Online Trading and Financial
Services Portal Site
PR Newswire - April 14, 1999 15:33
NEW YORK, April 14 /PRNewswire/ -- Intrex, Incorporated (OTC Bulletin Board: INEX) announced today the development of
an innovative portal website offering online trading and high-end financial and informational services to accredited investors and
institutions. This unique site, scheduled to be launched during the second quarter of this year, is being created in an effort to further
expand on the offerings of other online investment sites and to capitalize on the services and client base the Company presently
controls as a result of its recent acquisition of Alexander, Wescott & Co., Inc., a SEC and NASD registered broker-dealer.
Commenting on the new site, Richard Bach, CEO of Intrex, stated, "Given the increasing popularity of such online brokers as
Siebert Financial Corp., E*Trade Group and Ameritrade Holding Corp., coupled with our existing product and customer base, we
believe that Intrex is uniquely positioned to take online trading and financial services to the next level.
"When launched early this summer, our fully-integrated site will offer a seamless gateway to a variety of financial services and
products, many of which were previously available only through a private banking relationship, including block trades, private
placements, IPO's, equity research, and various other value-added offerings. We believe that these services represent the next
generation of online investing, offering customers a single location for the most advanced and exclusive mix of online informational
and transactional services available to-date. In order to achieve this goal, we have assembled a management team with a proven
track record in the financial services arena, and are presently pursuing a number of strategic alliances which will allow us to offer
a variety of products and services which can be accessed worldwide from a single location."
This release is covered under the "Safe Harbor " Statement under the Private Securities Litigation Reform Act of 1995: Certain
information included in this release that are not historical facts are forward looking statements that involve a number of known and
unknown risks and uncertainties, including but not limited to, the Company's ability to successfully implement a strategy of
continued growth. The Company's actual results, performance or achievements may differ materially from any future results
performance or achievements expressed or implied in any forward looking statement.
SOURCE Intrex, Incorporated
/CONTACT: Rick Bach of Intrex, Incorporated, 212-742-9870; or Clint
Cantwell, Public Relations Contact of Rubenstein Investor Relations,
212-843-8051/
(INEX) |
