Market Technologies Wins Fast 50 Award

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Market Technologies Wins Florida High Tech Corridor Technology Fast 50 Award

Wesley Chapel, FL, July 13, 2001 — Louis B. Mendelsohn, President and Chief Executive Officer, announced today that Market Technologies was notified that it made the 2001 Florida High Tech Corridor Technology Fast 50 list as one of the fastest growing technology-related companies along the Florida High Tech Corridor between Tampa and Orlando.

In his July 13, 2001 letter to Mr. Mendelsohn announcing the award, Mr. D. Roger Nanney, Managing Partner of Deloitte & Touche, offered “Congratulations!” to Mr. Mendelsohn on winning this prestigious award. According to Mr. Nanney, Market Technologies “is one of the fastest growing technology companies in the Florida High Tech Corridor” and indicated that Market Technologies “has also been nominated for consideration in the Deloitte & Touche Technology Fast 500, which honors the 500 fastest growing technology companies in the U.S.” Mr. Nanney’s letter to Mr. Mendelsohn invited Market Technologies to an awards banquet to be held on September 20, 2001 during which the actual ranking of the fifty winners will be revealed for the first time.

Market Technologies is a world pioneer in technical analysis and market timing software. Founded in 1979 by Mr. Mendelsohn, with customers in more than thirty countries worldwide, Market Technologies has developed a proprietary market timing technology that utilizes neural networks and intermarket analysis to forecast twenty-one financial markets, including interest rates, stock indices, currencies, and the energy complex.