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To: Teri Garner who wrote (76141)	5/21/1999 10:12:00 AM
From: Straight Up	Read Replies (3) \| Respond to of 119973

EAST offering on-line trading - running Friday May 21, 9:52 am Eastern Time Company Press Release SOURCE: Eastbrokers International Incorporated Eastbrokers International Intends to Offer Online Trading Through its Subsidiary, EBI Securities Corporation ROCKVILLE, Md., May 21 /PRNewswire/ -- Eastbrokers International Incorporated (Nasdaq: EAST; Berlin and Frankfurt Stock Exchanges: ETB) announced today that its wholly owned subsidiary, EBI Securities Corporation, will offer, among other services, online trading to its ''Presidential Account'' Customers. EBI Securities Corporation is currently in the process of developing criteria for the Presidential Account. Those who qualify for a Presidential Account would be offered other benefits such as free access to research and checking. The firm must still define who would be entitled to a Presidential Account and the types of fees that would be charged for transactions online. EBI Securities, a full service investment banking and brokerage firm specializing in emerging growth stocks, was purchased by Eastbrokers International in May, 1998. From its corporate headquarters in Denver, Colorado, EBI Securities operates 20 branches with 189 registered representatives, approximately 33,000 retail accounts and over $600 million in client assets. EBI Securities Corporation's web site address is ebisc.com. Don Davis, Executive Vice President of EBI Securities, said, ''We believe that offering our premier clients online trading will allow EBI Securities to gather more assets from our existing customer base, as well as attract newer customer assets, all without undermining the broker/client relationship. We expect that this service will be available to our clients in the Summer of 1999.'' Eastbrokers International operates a highly diversified, international, investment banking and securities network. In Europe, Eastbrokers operates WMP Bank AG, an Austrian bank and brokerage company, in which the Company maintains a majority interest. The Company also operates other brokerages throughout Central and Eastern Europe. In the United States, the Company operates EBI Securities Corporation, an NASD member, full service, investment banking and brokerage firm with 20 offices. For further information about the Company, please contact the US corporate headquarters at 301-527-1110 or by e-mail at info@Eastbrokers.net. For more information about brokerage services at EBI Securities, contact Don Davis at ddavis@ebisc.com. Certain information contained in this press release includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and is subject to certain risks and uncertainties, including but not limited to the effect of political, economic and market conditions both domestically and in Eastern and Central Europe and those referred to in the discussion of risks and uncertainties set forth in the Company's Annual Report on Form 10-KSB and as amended for the fiscal year ended March 31, 1998, and in the Company's other reports filed pursuant to the Securities Exchange Act of 1934. Readers are cautioned not to place undue reliance on these forward looking statements, which are made as of the date hereof and The Company undertakes no obligation to release any revisions to the forward looking statements to reflect events or circumstances after the date hereof or to reflect unanticipated events or developments. SOURCE: Eastbrokers International Incorporated More Quotes and News: Eastbrokers International Inc (Nasdaq:EAST - news) Related News Categories: banking, internet