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Market Technologies has been chosen as a Finalist in the category of Professional Services Business of the Year for the 2006 Business of the Year Awards

Wesley Chapel, FL, October 27, 2006 -- Louis B. Mendelsohn, President and Chief Executive Officer, announced today that Market Technologies, a privately-owned, Inc. 500, trading software company, has been chosen as a finalist in the category of Professional Services Business of the Year for the 2006 Business of the Year Awards presented by the Tampa Bay Business Journal. This is the second year in a row that Market Technologies has been a finalist.

The Awards Ceremony, a black tie event, will be held on Thursday, December 7, 2006 at the Hyatt Regency Downtown. The event begins as a networking reception, followed by dinner and the awards ceremony. The event is sponsored by RBC Bank, Bay News, Tampa Bay Workforce Alliance, and Audio Visual Support Services, Inc. There are nine award categories of nominees, such as the Business Team of the Year and the Education Business of the Year. Each category is comprised of 2-9 nominees. “Market Technologies’ is proud to be honored by the Tampa Bay Business Journal,” said Lane Mendelsohn, Vice President. “It is a privilege to be a finalist in the category of Professional Services Business of the Year along with such qualified and reputable companies.”

About Market Technologies
Headquartered in Tampa Bay since it was founded in 1979 by Louis B. Mendelsohn, with trading software customers in over eighty countries worldwide, Market Technologies is an Inc. 500 company and recognized world leader in market forecasting. Market Technologies researches and develops proprietary trend forecasting and market timing technologies that utilize artificial intelligence applied to intermarket and hurricaneomic analysis, in order to forecast various commodity and financial markets throughout the world. These presently include energies, interest rates, stock indexes, currencies, metals, grains, meats, softs, Forex and ETFs, covering a total of ninety world markets.

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* VantagePoint's accuracy statistics were computed on out-of-sample price data utilizing neural networks trained on both single market and intermarket data and relate to the Neural Index which indicates whether the average of tomorrow's typical price and the typical price of the day after tomorrow (both unknowns at this time) are expected to be higher or lower than the average of yesterday's typical price and the typical price of the day before yesterday.  The numerical value of the Neural Index, either a one (1) or a zero (0) thereby indicates whether or not the trend direction is expected to be higher or lower for each target market over the next two days. A Neural Network accuracy statistic of 80% does not mean that eight out of ten trades will be winning trades.  VantagePoint is not a trading system that gives the same specific buy and sell signals to all users. It is a technical forecasting tool that is comprised of proprietary forecasting indicators that apply neural networks to market data for the purpose of finding patterns and relationships between markets and then using this information to make futuristic forecasts. Using these indicators each trader determines his or her own entries, exits and stop placements which may vary from those of other traders due to differences among traders in trading style, objectives, risk propensity, account size and number of contracts involved, thereby producing different trading results from one trader to another. Futures and options trading involves risk, is not for every trader, and only risk capital should be used.  For more detailed information, please read our important disclaimer and software license agreement.

VantagePoint Intermarket Analysis Software, TraderTech, ProfitTaker, World Leader in Market Forecasting, and Market Technologies, LLC are trademarks of Market Technologies, LLC. Synergistic Market Analysis, Synergistic Analysis and Market Synergy are service marks of Market Technologies, LLC. Hurricaneomics is a registered trademark of Market Technologies, LLC

 

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