VANCOUVER, British Columbia and FRANKFURT, Germany, Nov. 7, 2001 (PRIMEZONE) -- AlphaTrade.com (OTCBB:EBNK) (FSE:TDR WKN 920952), the world's first streaming, multi-lingual market data provider, is announcing they have signed an agreement with Providential Holdings, Inc. (OTCBB:PRVH) which will provide their clients access to the E-Gate suite of financial products. These products include a complete range of sophisticated market tools including intraday and historical charts, Level II, portfolio manager, quote grid, most actives and more.
"We selected AlphaTrade as our partner for stock market information because their product is multi-lingual, cost effective and they have a global focus by adding other stock exchange information," stated Henry Fahman, Chairman and CEO of Providential Holdings.
The AlphaTrade solution will provide all visitors to the Providential Website access to financial applications via the Internet without the need to download any software. AlphaTrade's unique applications are designed to be accessed at anytime, in any language, from anywhere in the world through any dial up, dedicated connection or wireless network," said Penny Perfect, President of Alphatrade.
About Providential Holdings, Inc.:
Providential Holdings engages in emerging technologies, which include liquid crystal display (LCD) products, information technology, telecommunications and computer software and hardware. The Company also provides expertise on trade commerce, financial services and mergers and acquisitions, especially for companies in the U.S. and emerging overseas markets with high potential for growth. The Company's Web site is at: http://www.prvh.com.
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 a multilingual electronic gateway to a Internet-based stock quote system that includes quotes, news, intraday and historical charts, most active, and more. E-Gate is state of the art and designed to provide investors access to real time financial information at less cost and greater convenience than any other 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. Visit us on-line at www.alphatrade.com or www.alphatrade-europe.de.
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.