Market Technologies to Donate $10,000 Scholarship for Fourth Consecutive Year

Wesley Chapel, Fla., May 4 2016 – Market Technologies will once again be on hand for the Hope High Dollars for Scholars Annual Awards Dinner on May 16, 2016 at the Shriners Imperial Room located at One Rhodes Place, Cranston, R.I. to present a $10,000 scholarship.

The scholarship will be awarded to the Louis B. Mendelsohn Entrepreneur Award recipient. Named after Market Technologies’ President and Chief Executive Officer Louis Mendelsohn (Hope High School Class of ’65), the scholarship will grant one student a $2,500 scholarship that is renewable for four years, totaling $10,000.  This award demonstrates Mr. Mendelsohn’s strong connection to his high school alma mater as he has personally presented this award for the last three years. This year, his son, Lane Mendelsohn will be on hand to present the award.

“To ensure my legacy commitment to Hope High School, my son, Lane, will follow in my footsteps and present the award,” said Louis Mendelsohn. “I want to congratulate the winner and am very fortunate for the opportunity to give back to the community.”

As Lane said, “ My dad’s enthusiasm and dedication to Hope High School has inspired me to continue the Mendelsohn family’s support for this special scholarship. I am excited and humbled to be part of this amazing effort. Like my father, I hope this will encourage other Hope alumni as well as local community leaders in Providence to join together to assure that the Hope High Dollars for Scholars program becomes an enduring source of financial support and encouragement to future generations of graduates.

Eleven Hope seniors will share in scholarships that will also include the Hope Class of 1962 Award, the Norton “Nocky” Rappoport Award, and the Hope Class of 1965 Award as well as the Steven K. Latimer Memorial Award, and six additional awards. Since its inception in 2011, Hope High Dollars for Scholars has awarded $96,000 in scholarships to 42 deserving Hope seniors.

“These past five years have been such a rewarding experience for our chapter,” said Jane Rosenbloom Bermont, President, Hope High Dollars for Scholars. “Our reconnection to Hope High School, our work with its administration and guidance department, and our connection with the talented, determined seniors has enriched our lives tremendously. We look forward to continuing our mission to support Hope seniors who wish to pursue their education beyond high school.”

Founded in 1979 by Louis Mendelsohn, Market Technologies was the first trading software developer in the world to introduce strategy back testing capabilities in trading software for personal computers. Headquartered in Wesley Chapel, Fla., Market Technologies’ work is rooted in the application of artificial intelligence technologies to intermarket analysis of today’s globally interconnected financial markets, utilizing a powerful, mathematical tool known as neural networks.

Since the introduction of its first trading software in 1983, the trading software company has grown into a multi-million dollar, Inc. 500, business employing more than 60 people who provide service to customers in more than 120 countries.


About Market Technologies. Founded by Louis B. Mendelsohn in 1979, Market Technologies is an Inc. 500 company headquartered in the Tampa Bay area. It is the recognized global leader in market trend forecasting with customers in well over a hundred countries worldwide. Market Technologies develops proprietary trend forecasting and market timing technologies that utilize artificial intelligence and intermarket analysis to forecast commodity and financial markets throughout the world. These include, but are not limited to, stocks, stock indices, ETFs, energies, interest rates, currencies, metals, grains, meats, softs, and Forex, all covering more than 2600 world markets.