To: Mark McNew who wrote (636 ) 9/13/1999 8:07:00 PM From: Khris Smith Respond to of 720
Trader Secrets.com Articulates Near-Term Business Plan Nevada, Sep 13, 1999 (BUSINESS WIRE) -- Trader Secrets.com (OTC BB:TSCR; formerly CLNW) Pursuant to its two recent news releases on August 18th & 25th which announced an agreement with Standard and Poor's Comstock division, and a Letter of Intent with Cathayonline Inc.'s wholly owned subsidiary Torch Mail.com, Inc. The agreement with S & P Comstock licenses the company to provide unlimited free real-time quotes and financial information regarding all North American stock exchanges. tradersecrets.com will provide this essential information to its entire website usership free of charge. It will also provide this service to its affiliates for free. In addition, Level 2 market data will be made available for a nominal fee. Further, said agreement also licenses Tradersecrets.com to furnish the aforementioned market information TO ALL AFFILIATED INDUSTRY-RELATED WEBSITES ABSOLUTELY FREE. This service can be provided to any existing site by way of a separate, aesthetically consistent quote/information page. It will undoubtedly enhance any financial site not currently offering this information; and at the lowest possible cost: FREE. President of Tradersecrets.com John Heary states, "We want to revolutionize accessibility to the vital market information that every individual online investor needs. We also want tradersecrets.com to be the most useful and informative investor-oriented site on the web. We won't permit exorbitant fees for necessary tools, like real-time quotes and Level 2, to stand in the way. We are leveling the playing field." Tradersecrets.com anticipates unprecedented traffic volume that may be yielded via our future international and more immediate Chinese exposure through relationships such as the one with Cathayonline/Torchmail. We project their quote demand to be in the vicinity of 15 to 20 million requests within the first three months. This high level of traffic will serve to drive our business model which relies heavily on revenues generated through banner advertising placed both within tradersecrets.com itself, as well as on all of the real-time quote/financial information pages we place on the sites of our future affiliates in every major market in the world. Pursuant to this objective, Tradersecrets.com plans to expand the real-time and market information it offers to correspond with every region it serves, in due course. The infrastructure necessary to deliver the S & P Comstock information-feed is presently being installed. It is anticipated that tradersecrets.com will be fully operational in 4 to 6 weeks. Free registration is available at the site now. Statements included in this press release, which are not historical in nature, are intended to be, and are hereby identified as "forward looking statements" for purposes of the safe harbor provided by section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward looking statements may be identified by words including "anticipate", "believe", "intends", "estimates", "potential", "expect", and similar expressions. The Company cautions readers that forward looking statements, including without limitation, those relating to the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward looking statements. Copyright (C) 1999 Business Wire. All rights reserved. CONTACT: Trader Secrets.com Investor Relations: Andrew Scott, 1-888-988-8581 email: info@tradersecrets.com WEB PAGE: businesswire.com GEOGRAPHY: NEVADA INDUSTRY CODE: BANKING COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET TELECOMMUNICATIONS