To: TWICK who wrote (37963 ) 5/3/1999 10:45:00 PM From: Lyle Bean Read Replies (1) | Respond to of 120523
Former NITE equity director heading INEX. Read news release and tell me if this has any potential. Intrex, Incorporated Appoints Former Managing Director/Equity Trading for Knight/Trimark Subsidiary as Head Of Listed Equities Trading PR Newswire - May 03, 1999 16:46 NEW YORK, May 3 /PRNewswire/ -- Intrex, Incorporated (OTC Bulletin Board: INEX) announced today that its Alexander, Wescott & Co., Inc. subsidiary has appointed Stephen L. Braverman as head of listed equities trading. Prior to joining the firm, Mr. Braverman was Managing Director/Equity Trading for Trimark Securities, a subsidiary of Knight/Trimark Group, Inc. Alexander, Wescott, a SEC and NASD registered broker-dealer, was recently acquired by Intrex as part of its strategy to offer online trading and high-end financial and informational services to accredited investors and institutions. Rick Bach, Chairman and CEO of Intrex, stated, "Given his vast trading experience and tenure with Knight/Trimark, one of the leading providers of equity transactions via the Internet, we believe that Mr. Braverman is a key component of our overall corporate strategy as we approach the launch of what is certain to be the next generation of online trading and financial services." Intrex is currently developing a first-of-its-kind, comprehensive high-end financial and information services portal for accredited investors and institutions. This unique, fully interactive site will provide members many value-added products and services such as online trading, block trades, private placements, IPO's, equity research, and other offerings. These services, which are typically only available through a private banking relationship, represent a new level of innovation geared towards the sophisticated and active investor by expanding the offerings of current online investment sites such as Siebert Financial Corp., E*Trade Group and Ameritrade Holding Corp. The Company is also currently pursuing various strategic acquisitions alliances in an effort to offer its customers a single location for the most advanced and exclusive mix of online informational and transactional services available through the Internet. This release is covered under the "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain information included in this release that are not historical facts are forward-looking statements that involve a number of known and unknown risks and uncertainties, including but not limited to, the Company's ability to successfully implement a strategy of continued growth. The Company's actual results, performance or achievements may differ materially from any future results performance or achievements expressed or implied in any forward looking statement.