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Market Technologies is a finalist in the 2007 Inc. Magazine, Inc. 5000 competition

Wesley Chapel, FL, June 20, 2007 -- Louis B. Mendelsohn, President and Chief Executive Officer, announced today that Market Technologies, a privately-held trading software company and 2007 Tampa Bay Business Journal Best Place to Work winner, has been notified that it is a finalist in the 2007 Inc. Magazine, Inc. 5000 competition.

The Inc. 5000 competition is an extension for the first time this year of Inc. Magazine’s long standing and influential, Inc. 500 competition which identifies the 500 fastest-growing private companies in the U.S. In 2004 Market Technologies was ranked as one of the Inc. 500 winners thereby establishing its status as an Inc. 500 company.  This year, with substantially greater revenue, the firm is competing for its rank among the top 5000 companies nationwide and will be profiled on Inc. Magazine’s website once the winners have been announced. Ranking is based on percentage revenue growth from 2003 to 2006.  Mr. Mendelsohn and other CEOs of the companies which rank among the Inc. 5000 winners will be invited to the Inc. 500 annual conference, which will take place in Chicago later this year.

“We are very honored to be a finalist in the Inc. Magazine competition”, said Louis Mendelsohn. “It is a distinguishing award that allows individual companies with unique products and services that are in top demand to differentiate themselves from their competition.” Mr. Mendelsohn noted that Market Technologies’ success has been an evolutionary process over the past 28 years and went on to say that he “started this company with a concept, to provide traders around the world with the very best technical analysis tool possible.  Through hard work, perseverance and a dedicated work force, we created our firm’s flagship product, VantagePoint Intermarket Analysis Trading Software. The demand for VantagePoint has never been greater among financial and commodity traders worldwide, and I am as determined today as I was nearly thirty years ago to produce the best market forecasting tool for traders.”

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 a fast growing, 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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