Market Technologies Honored with a 2006 Industry of the Year Award

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Market Technologies honored with a 2006 Industry of the Year award by the Pasco Economic Development Council

Wesley Chapel, FL, September 07, 2006 — Louis B. Mendelsohn, President and Chief Executive Officer, announced today that Market Technologies, a privately-owned, Inc. 500, trading software company was honored with a 2006 Industry of the Year award by the Pasco Economic Development Council on Tuesday September 05th, 2006 at the annual award ceremony at the Saddlebrook resort.

The Pasco Economic Development Council or PEDC strives to develop and maintain a diversified and stable economy for Pasco county and it residents through various channels and networks. One of the main goals of the nonprofit council is to increase Pasco County’s job base in the technology sector. “Market Technologies serves as a great example of the type of company that the PEDC seeks to attract to Pasco County, and as a result was the recipient of the 2006 Technology Award” indicated John Walsh, Vice President of the PEDC. He added “Market Technologies not only produces a high-tech product, VantagePoint Intermarket Analysis Software, but the jobs created by the company are professional, high-wage positions”. Steve Sacone, PEDC Chairman, presented the award to Louis Mendelsohn. Ann Hildebrand, Vice-Chairman of the Pasco County Board of County Commissioners, offered the county’s congratulations to Mr. Mendelsohn as well by stating that “I want to thank you for all that you have done for our community; it is most appreciated”, and Pat Mulieri, Ed.D., Pasco County Commissioner, said that Market Technologies “was an extraordinary company with extraordinary people”.  Congresswoman Ginny Brown-Waite, U.S. House of Representatives 5th District, Florida, said of Mr. Mendelsohn that “It is clear from your success that you have made a name for Market Technologies and have earned the trust of your fellow Pasco residents and neighbors”.

Upon accepting the award, Mr. Mendelsohn thanked the PEDC for helping to facilitate the permitting and construction of Market Technologies’ brand new, 10,100 square foot, state-of-the-art, corporate headquarters that opened in April just a mile from the firm’s previous location which it had occupied for the past eleven years.  “The PEDC helped to move the project along which allowed us to move into our new facility in April and continue our rapid expansion” said Mr. Mendelsohn. “We were literally running out of room at our previous facility and support from the PEDC was a tremendous help”. He also thanked the employees of Market Technologies saying that “the people that make up Market Technologies are part of my extended family. We work hard but we also have a lot of fun and enjoy each others’ company.”

About Market Technologies Headquartered in Tampa Bay since it was founded in 1979 by Louis B. Mendelsohn, with trading software customers in over eighty countries worldwide, Market Technologies is an 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 energies, interest rates, stock indexes, currencies, metals, grains, meats, softs, Forex and ETFs, covering a total of ninety world markets.