| October 20, 2000, AlphaTrade.com (OTC BB: EBNK), a leader in providing
low-cost, real-time, streaming financial information over the Internet,
today announced a strategic alliance with Netvoyager.tv, the inventor of
a first-of-its kind-'net appliance' that allows media-rich Internet pages
to be viewed over a television set.
AlphaTrade is one of the first companies to be packaged with Netvoyager
and included on Netvoyager's hardware and portal which is slated for delivery
by the end of this year. Gordon Muir, Alphatrade's CEO and Chairman states,
"There is tremendous market potential with Netvoyager. This alliance
will enable millions of investors in the UK and Europe direct access to
our unique Internet-based financial applications through their television
sets via the Netvoyager system."
Research shows that currently 70% of the UK market does not own a PC
and of the 30% that do, only 15% have access to the Internet and use it
for limited purposes, i.e., electronic shopping and sporadic surfing of
the net. Netvoyager's technology makes the TV, whether in the home, office
or hotel a complete entertainment and information provider, replacing
the need for a PC to access the financial markets using the Internet.
This translates into a potential market in excess of 16 million homes
in the UK alone.
Netvoyager's technology can easily be integrated into the North American
markets and will out perform any of the current competitive products.
"We are proud to be the provider of real-time, streaming financial
applications for Netvoyager's unique set-top box and to have aligned ourselves
with Netvoyager at this time," states Mr Muir."For Alphatrade's
benefit, the growth and development of Netvoyager will open the door to
millions of television viewers throughout the UK and Europe who can now
utilize our real-time investment information service easily and at a reasonable
cost."
Currently, there is no product available that provides the user with complete
access to surfing the latest websites that are Flash, Realplayer, Java or
JavaScript based in conjunction with a secure high speed connection essential
for online trading. This of course eliminates many sites. Netvoyager enables
even the computer illiterate user to travel through the complex world of
the Internet with ease and to use applications such as E-Gate just like
a professional. Terms of the Alphatrade-Netvoyager partnership were not
disclosed.
About AlphaTrade.com
AlphaTrade is an e-commerce, Internet-based corporation with a unique
and proprietary product called E-Gate. The company's goal is to provide
investors access to financial information at less cost and greater convenience
than any other existing product on the market today. AlphaTrade can be
found on the worldwide web at: www.alphatrade.com.
About Netvoyager PLC
Netvoyager is a leading, UK based, software development house of thin
client and interactive TV technology. Established in 1999, Netvoyager
has focused on the growing thin client and iTV market and has developed
a portfolio of complementary products. Netvoyager has strategic alliances
with Microsoft, Citrix and IBM. For further information please sales@netvoyager.co.uk
SAFE HARBOR STATEMENT: Except for historical information contained herein,
the statements in this news release are forward-looking statements that
are made pursuant to the safe harbor provisions of the Private Securities
Reform Act of 1995. Forward-looking statements involve known and unknown
risks and uncertainties, which may cause a company's actual results in
the future to differ materially from forecasted results. These risks and
uncertainties include, among other things, product price volatility, product
demand, market competition and risk inherent in the operations of a company.
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