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To: ChrisJP who wrote (85417)5/30/2001 7:58:44 AM
From: Joe Copia  Read Replies (2) | Respond to of 150070
 
ALPHATRADE.COM - Teams Up With Grand Central Sportsbook

New York, New York, May 30, 2001 (Market News Publishing via COMTEX) --
AlphaTrade.com announced that the company has signed reciprocal marketing
agreements with Grand Central Sportsbook (GCS), one of the leading sports and
race book sites on the Internet. "This is a significant development for both
companies," states Gordon Muir, Chairman of AlphaTrade.com, " GCS will provide a
new and unique manner in which to market AlphaTrade's browser based technology".

From a marketing perspective this is indeed a tremendous opportunity for
AlphaTrade. GCS has a large and very active subscriber base so customizing our
applications for GCS will expose our product to huge numbers of potential
subscribers to AlphaTrade. GCS has over 100,000 subscribers driving well over 1
million hits a week to their website. The marketing agreement calls for
AlphaTrade to customize their financial applications for placement on the GCS
web-site as well as their 135 affiliate sites. This means that anyone of their
users wishing to subscribe for the AlphaTrade system can do so at the GCS site
or anyone of their affiliate sites. The potential exposure for AlphaTrade is
huge and could quite possibly number in the millions of new views per month.
Certainly the endorsement of GCS and the exposure to their subscribers increases
the market awareness and acceptance of our E-Gate product.

"We are pleased to have such a unique arrangement with AlphaTrade and we believe
the exposure from our sites will dramatically increase their subscriber base. In
addition, the applications will be uniquely customized so as to allow GCS to
enhance and augment both the sports book content and client services in addition
to aiding with our core business development. Clearly, AlphaTrade is a
net-survivor and has a timely product that could literally "catch on fire" once
they receive the necessary exposure, " says Peter Jacoby, Line Maker for
GCSports.com.

About Grand Central Sportsbook: www.gcsports.com has been fully licensed since
1997 and is located on the Caribbean Island of Margarita. GCSports.com has built
a solid reputation in the gaming industry through customer service and prompt
payouts. GCS offers their clients all the Sports and Racebook options of a Las
Vegas casino but from the privacy their own home. The GCSportsbook has a
comprehensive wager menu including straight bets, parlays, teasers, half-times,
propositions, if-win, round robins, reverses, and futures on all major US and
collegiate sports. The GCRacebook menu includes Win, Place, Show, Daily Doubles,
Trifectas, Quinellas, Exactas, Box and Key wagers from most major US and
International Race tracks. GCS offers their clients the convenience of both
online and toll free telephone wagering backed by the best customer service on
the web. Peter Jacoby continues, "Prestigious Casino Player Magazine recognized
our commitment to customer service. Their readers voted us #1 in their 2000
edition of "Best of Online Gaming." We are the only company to sweep nominations
in all of the poll categories. It gives us a great deal of satisfaction being
recognized in this fashion."

About AlphaTrade.com: AlphaTrade is an online provider of streaming stock
information with applications designed for use by both professionals and novice
investors and traders. Aptly named, E-Gate, it is an electronic gateway to a
browser based stock quote system that includes quotes, news, intraday and
historical charts, most active, and more. E-Gate is designed to provide
investors access to real time financial information at less cost and greater
convenience than any product on the market today. Subscribers do not need to
purchase, lease or download any software. All of the financial applications are
available via the Internet for a low monthly subscription price.

The cost of E-Gate is only $17.00 plus applicable exchange fees. To subscribe,
go to www.alphatrade.com and follow the easy online instructions.


CONTACT: TEL: 1-877-288-7799 Jason Matthias
E-mail: jason@alphatrade.com

TEL: 1-800-789-0100 Coffin Communications Group
E-mail: Sean.Collins@coffincg.com