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Market Technologies Earns the Florida High Tech Corridor Technology Fast 50 Award

Wesley Chapel, FL, September 20, 2001 -- Louis B. Mendelsohn, President and Chief Executive Officer, announced today that Market Technologies, a privately-owned investment software firm, was honored by the Big Five accounting firm of Deloitte & Touche LLP as a recipient of the Florida High Tech Corridor Fast 50 award.  Ranked as the 30th fastest growing company in this year's competition, this was the fourth year in a row that Market Technologies has been selected for the award.  Each year, Deloitte & Touche holds the Fast 50 Competition to select the 50 fastest growing technology companies in designated regions around the country. 

This year, Deloitte & Touche combined the seven-year-old Tampa Bay Technology Fast 50 and two-year-old Central Florida Technology Fast 50 programs to form the 2001 Florida High Tech Corridor Fast 50, which reflects a more comprehensive list of tech companies located throughout the Corridor.  The Florida High Tech Corridor Fast 50 region now comprises twenty-one counties, including the metropolitan cities of Tampa, St. Petersburg, Orlando, Sarasota, and Clearwater, Florida.

The Florida High Tech Corridor Technology Fast 50 finalists are eligible to compete in the Deloitte & Touche Technology Fast 500, which ranks the nation’s top 500 fastest growing technology companies in the United States and Canada.

Market Technologies is a world pioneer in technical analysis software. Headquartered in Tampa Bay since it was founded in 1979 by Louis Mendelsohn, with customers in more than thirty countries worldwide, Market Technologies develops proprietary trend forecasting and market timing technologies that utilize intermarket analysis to predict various financial markets, including interest rates, stock indices, currencies, and the energy complex.

 

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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.

Copyright © 2008 Market Technologies, LLC. All Rights Reserved.

VantagePoint Intermarket Analysis Software, TraderTech, ProfitTaker,
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