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Technology Stocks : Track Data Corporation TRAC -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (560)11/29/1999 8:44:00 AM
From: Ellen  Read Replies (1) | Respond to of 2005
 
Monday November 29, 8:07 am Eastern Time

Company Press Release

Track Data Signs Agreement With FlexTrader.com

NEW YORK--(BUSINESS WIRE)--Nov. 29, 1999--Track Data Corporation (Nasdaq NMS: TRAC - news) announced today that it signed an agreement with FlexTrader.com to provide myTrack's Internet-based NewsWatch news search and filtering system and a consolidated news feed to FlexTrader.com's financial information website.

In addition, Track Data is providing a consolidated delayed ticker for equities on the FlexTrader.com website and real-time quotes for wireless devices used by its customers.

NewsWatch is an Internet-based service that offers complete end-to-end real-time, full-text, news filtering, and information retrieval systems. It provides access to the premier newswires, databases, and market information. Innovative, yet easy easy-to-use, searching capabilities allow for the filtering of information using any criteria, from simple terms to the most intricate inquiries. Through the utilization of alerts, banners, queries and topics, our customers focus on the information that affects their decision-making. The user can position exclusive alert windows and screens on the monitor while viewing other applications simultaneously. For more information, e-mail newswatch@tdc.com.

Barry Hertz, Chairman of Track Data, said, ``We are pleased to provide our services to a fast growing aggressive company like FlexTrader. Our news filters, search engine and news feed will help make FlexTrader a must see website for investors seeking financial information.'

``As experienced traders for major Wall Street firms, we have used Track Data's market data systems and found them to be comprehensive and reliable. Their track record of reliability made them the natural choice of a market data provider for FlexTrader.com. We are excited to be partnering with Track Data and anticipate great results,' said Larry Rubin, Chairman of FlexTrader.com.

FlexTrader.com (www.flextrader.com) is a Web site that offers novice and experienced investors customized investment research tools, providing access to the most comprehensive, easy-to-use financial information management system available on the Web today. FlexTrader.com's subscribers have free access to over 20 proven technical trading systems that can be back-tested, as well as detailed graphing and charting, market news and fundamental research. FlexTrader.com provides its subscribers with buy/sell alerts through email and wireless devices such as the RIM Interactive pager. Prior to the creation of FlexTrader.com, this type of information had only been available to professional brokerage firms.

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 such as E*Trade (Nasdaq: EGRP - news), Schwab (NYSE: SCH - news) and Ameritrade (Nasdaq: AMTD - news). 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. Additional information may be obtained by contacting Laurel Louison, Investor Relations, at 718-522-7373 or by e-mail: laurel_louison@tdc.com.

Contact:

Track Data Corporation
Investor Relations:
Laurel Louison
718/522-7373
laurel_louison@tdc.com