To: Investor Clouseau who wrote (14654 ) 11/19/1999 12:18:00 AM From: Jim Bishop Read Replies (2) | Respond to of 150070
New York, New York - November 19, 1999 - Track Data Corporation (Nasdaq NMS: TRAC) today announced it signed an agreement with privately held Dot LB s.a.r.l. ("Dot LB"). Dot LB is a telecommunications and online services company based in Lebanon that successfully introduced Net2Phone (Nasdaq NMS: NTOP) to the Middle East marketplace. The agreement provides that Dot LB will set up customer service and fulfillment centers to promote myTrack's Internet-based online trade execution and real-time market data system throughout the Middle East. Barry Hertz, Chairman and CEO of Track Data, said, "We are excited to establish this relationship with a company that has been successful at introducing new technologies to the Middle East. We are confident that they can expand the market for myTrack online trading and satisfy the needs of the growing online trading community in this region." Roger Karam, Managing Director of Dot LB, said, "This is a great opportunity to be a leader in this relatively new concept to the Middle East market. We look forward to making myTrack the leading online trading service in the Middle East and duplicating our success with Net2Phone." myTrack is offering the first week of trading commission-free and to celebrate the millennium is also offering the last week of 1999 commission-free. To open a trading account, go to mytrack.com and click on the "Open a Trading Account" button. myTrack is a fully integrated Internet-based online trading and market data system. Trading is offered at prices starting at $12.95 per trade. myTrack is delivered over the Internet powered by application-based software and a constant server connection similar to systems used by professionals, as compared to most of its competitors that provide their service over HTML website-based static pages. myTrack delivers free streaming delayed quotes and unlimited free real-time extended quotes, as well as breaking company news, a trade by trade log, charting for technical analysis and a proprietary library of intraday market statistics. For $19.98 per month plus exchange fees, users can subscribe to streaming real-time quotes. A menu of features, including Nasdaq Level II, is available separately or in value packages. Track Data provides real-time financial market data, news, fundamental research, charting and analytical services to institutional and individual investors through dedicated telecommunication lines and the Internet. The Company also offers online trading through its myTrack Internet-based personal investment service. myTrack is an Internet-based software application that is not restricted by the limitations of an HTML website-based static system offered by virtually all of its well-known competitors. myTrack delivers a continuous dynamic stream of live market data and investors' online trading activity. The system is always connected and is an order of magnitude faster than competing website-based systems. Download myTrack software or open a trading account at mytrack.com or call 1-800-myTrack. For information about myTrack's SDK, go to mytrack.com .