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

To: Investor Clouseau who wrote (1975)	8/14/2001 1:38:53 PM
From: TLindt	Read Replies (1) \| Respond to of 2005

(BSNS WIRE) Track Data Corporation Completes 3 Million Share Stock Buyback; Track Data Corporation Completes 3 Million Share Stock Buyback; Authorizes New Buyback Of 2 Million Shares Business Editors NEW YORK--(BUSINESS WIRE)--Aug. 10, 2001--Track Data Corporation (Nasdaq NMS: TRAC) made two announcements today regarding stock buyback plans. First, the Company announced that it recently completed its previously announced buyback plan for 3,000,000 shares. Second, the Company announced that its Board of Directors has authorized the purchase of up to 2,000,000 additional shares of its common stock in market transactions from time to time. With the completion of its 3,000,000 share buyback, the firm has now bought back 7,500,000 shares in the three buyback programs it has announced since June, 2000. As of today, there are 57,604,685 shares of Track Data common stock outstanding. Track Data is a New York-based financial services company that provides real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet. For individual investors, Track offers myTrack, a fully integrated, Internet-based online trading and market data system. myTrack's direct access online trading has commissions starting at $12.95 per trade and allows users the choice of where to route their orders. myTrack's continuous, dynamic stream of live market data is powered by application-based software and a constant server connection similar to systems used by professionals, making it faster than the HTML web-based static pages offered by most of its competitors, such as Schwab (NYSE: SCH), ETrade (NYSE: ET), and TD Waterhouse (NYSE: TWE). myTrack supplies free market data to its brokerage account holders: streaming delayed quotes, company news, charting for technical analysis, and a proprietary library of intra-day market statistics. In addition, myTrack offers users a selection of paid data and research, including streaming real-time quotes, Nasdaq Level II, and Pink Sheets Level II. myTrack offers access through PCs, browser phones, and PDAs, such as Palm Organizers (made by Palm Inc. (Nasdaq: PALM)) and Visors (made by Handspring (Nasdaq: HAND)). myTrack offers the first week of trading commission-free. To open a trading account, go to mytrack.com or call 1-800-myTrack. --30--jtp/ny CONTACT: Investor Relations Track Data Corporation Laurel Louison, 718/522-7373 laurel_louison@trackdata.com KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING INTERNET TELECOMMUNICATIONS SOURCE: Track Data Corporation Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com