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Market Technologies Announces Record 2006 Revenue

Wesley Chapel, FL, February 9, 2007 -- Louis B. Mendelsohn, President and Chief Executive Officer, reported today that Market Technologies, LLC, a privately held, Inc. 500, trading software company, achieved record annual revenue for the seventh consecutive year. On a year-over-year basis revenue for 2006 was 13.4% higher than 2005 revenue and represented the highest level of revenue in the company's history.

Market Technologies completed construction in 2006 of its state-of-the-art office building, with occupancy occurring in April 2006. With this available space Market Technologies was able to not only increase it sales and technical support staff, but was also able to double its marketing and research and development departments.  “This infrastructure and personnel growth has laid the ground work for future growth and expansion,” said Lane Mendelsohn, Vice President. “While we have continued to increase our trading software customer base worldwide, we have also maintained our commitment to providing quality support and service to all of our customers.”  

Market Technologies and its flagship software product, VantagePoint Intermarket Analysis Software, experienced several notable moments throughout the 2006 year. Market Technologies was awarded the 2006 Best Place to Work, Top 25 High-Tech Companies award, and the Industry of the Year Award. VantagePoint Intermarket Analysis Software version 6.4 was also released. This new release brought the total number of forecasted markets to 90, with several added features for customer ease of use.

“We are extremely proud of the accomplishments Market Technologies has seen this past year,” said Mendelsohn. “The notable awards are a testament to positive and outstanding staff we have working here. Without them all of our accomplishments would not have been attainable. We look forward to our future development in personnel, as well as in our intermarket trading software VantagePoint.”

About Market Technologies
Headquartered in Tampa Bay since its founding in 1979 by Louis B. Mendelsohn, with trading software customers in over 80 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 stocks, stock indexes, ETFs, energies, interest rates, currencies, metals, grains, meats, softs and Forex, covering a total of 200 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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