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Market Technologies appoints William A. Lauby to the position of CFO

Wesley Chapel, FL, February 20, 2007 -- Louis B. Mendelsohn, President and Chief Executive Officer of Market Technologies, LLC, a privately held, Inc. 500, trading software company, announced today that William A. Lauby has joined the company as Chief Financial Officer.  

Mr. Lauby holds a Bachelor’s degree in accounting and business administration. He has an impressive financial background spanning more than twenty-five years, which includes extensive experience in strategic planning, acquisitions, cost accounting systems, financial forecasting, and financial reporting controls and analysis. Mr. Lauby has acted as a Vice President or Director of Finance, as well as Chief Financial Officer for both private and public companies throughout his career.

“We are extremely excited to have such a multi-faceted and accomplished Chief Financial Officer as William Lauby join our management team” said Lane Mendelsohn, Market Technologies’ Vice President. “With such an impressive background of work experience and notable accomplishments I know he will be a valuable member of the Market Technologies’ executive team as the company continues its phenomenal growth.”

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.

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