w-Trade Adds Mydiscountbroker.com, InvestIn And U.S. Discount Brokerage to Rapidly Growing List of Wireless Trading Brokerages

Business/Technology Editors

NEW YORK--(BUSINESS WIRE)--April 26, 1999--

w-Trade First to Offer Windows CE Support For Wireless Handheld Trading

w-Trade today announced that online brokerages Mydiscountbroker.com (a subsidiary of Southwest Securities Group, Inc. (NYSE:SWS) one of the largest clearing firms in the U.S.), InvestIN.com Securities Corp. and U.S. Discount Brokerage Inc. will immediately begin offering the power and convenience of wireless trading to their customers with the w-Trade Wireless Trading System. w-Trade also announced that the w-Trade wireless application platform now supports Windows CE-based handheld PCs in addition to other types of handheld wireless devices. This allows brokerages who utilize the w-Trade Wireless Trading System to be the first in the nation to offer wireless trading on Microsoft Windows CE devices to their customers. "With the w-Trade System, Mydiscountbroker.com customers can now use Windows CE-based handheld devices, PalmPilot connected organizers, two-way pagers and smart phones to stay on top of their investments even when they are away from a PC," said Bruce Zucker, President of Mydiscountbroker.com. "This new wireless trading service further strengthens Mydiscountbroker.com's position as a brokerage where investors don't have to sacrifice service just to get a good deal on securities trades." Mydiscountbroker.com, InvestIN.com Securities Corporation and U.S. Discount Brokerage join w-Trade customers 1800Daytrade.com, R.J. Forbes, InvesTrade and The Wall Street Discount Corporation as the only retail brokerages in the nation currently offering investors a fully-interactive, wireless trading system designed to work on a wide variety of handheld wireless devices. Devices supported by the w-Trade System include most popular handheld wireless devices currently available, including: PDAs like the PalmPilot(TM), Windows CE-based handheld devices, two-way pagers, personal communicators like the Nokia 9000/9110 and smart cellular phones.

w-Trade's Wireless Application Platform Supports Windows CE

"w-Trade is a leader in implementing robust wireless e-commerce solutions for one of the most demanding market segments -- financial services." said Roger Gulrajani, group product manager, Productivity Appliances Division, Microsoft Corp. "We are excited that w-Trade's wireless application platform will now make these solutions available to investors with handheld wireless Windows CE-based devices." "Windows CE is rapidly becoming one of the most powerful and popular handheld operating systems in the world," said Donna Oliva, CEO of w-Trade Technologies. "w-Trade is proud to be the first software vendor to provide Windows CE users worldwide with the ability to put the power of the market in the palm of their hands."

The Advantages of w-Trade Wireless Trading Wireless trading with the w-Trade System is quickly becoming a necessity for the sophisticated mobile investor. Not only does it provide mobile investors with the convenience of being able to place trades virtually anytime, anywhere, but it also helps them to make better trading decisions with its powerful alert features.

Investors with brokerages that support the w-Trade System can use their handheld wireless device to:

-- Create Intelligent Alerts(TM) that track the markets for trading opportunities; -- Receive Broker Alerts(TM) with personalized buy/sell recommendations; -- Get real-time quotes and financial information; -- Trade stocks, options and mutual funds with trade confirmations sent to their wireless device, fax, or email; and, -- Manage their positions across any number of accounts.

In addition, the low price of the w-Trade System provides commission savings for mobile investors -- even those who are not very active in the market. For example, Mydiscountbroker, InvestIn and U.S. Discount all charge users only $30 per month for access to their wireless trading services, and charge commissions on trades placed via the w-Trade system at the same rate low rate as their web-based trades. Thus, a mobile investor with a handheld wireless device could begin saving money on commission fees after placing only one to three wireless trades per month rather than placing these same trades at a higher commission fee with their broker over the phone.

An Open System -- For Today and the Future The w-Trade System's scalable, open wireless application platform easily hooks into back end database and transaction systems (whether mainframe, client-server or web based). This allows brokerages to quickly and easily roll-out wireless trading to customers while reducing installation and maintenance costs. This open wireless platform also enables brokerages to offer investors the ability to trade with them on virtually any type of handheld wireless device and wireless data network.

About w-Trade w-Trade Technologies puts The Power of the Market in the Palm of your Hand(TM) with software that takes enterprise applications and e-Commerce to the next level -- wireless. w-Trade's innovative products are based on a core, patent pending, technology that allows any application to work on virtually any of the newest handheld wireless devices including: PDAs like the Palm Pilot(TM), Windows CE handheld devices, two-way pagers, personal communicators like the Nokia 9000/9110 and smart cellular phones. w-Trade Technologies is a spin off of UNIF/X Inc. Headquartered on Wall Street in New York City, with offices internationally, UNIF/X is widely recognized as a leading provider of sophisticated software solutions to Fortune 500 companies (including CIBC Oppenheimer, Citicorp, CS First Boston, Cantor Fitzgerald, Merrill Lynch, Morgan Stanley, Sakura Global Capital) and other global organizations. w-Trade has strategic alliances with leading telecommunications and Internet technology companies, hardware vendors, and financial information and services firms. Additional information about w-Trade is available through the w-Trade web site at http://www.w-Trade.com or by calling 1-877-2WTRADE.

About InvestIn InvestIN.com Securities Corp. is a licensed broker/dealer in 46 states of the U.S.A. InvestIn is not licensed in Maine, Minnesota, New Hampshire, North Dakota or Puerto Rico. InvestIN.com Securities Corp. is a fully disclosed introducing broker/dealer to Penson Financial Services Inc., a clearing firm that specializes in providing clearing services for day traders.

InvestIN.com Securities Corp. is a member of:

-- The National Association of Securities Dealers (NASD) -- Securities Investors Protection Corp. (SIPC) -- Securities Industry Association (SIA) -- The Bond Market Association -- The Municipal Securities Rulemaking Board (MSRB)

About My Discount Broker Mydiscountbroker.com emphasizes high-quality customer service while providing Internet investing at $12 per trade (up to 5,000 shares). In addition to stocks, options and bonds, the firm also offers clients free, unlimited checking, free checks, no-fee IRAs and a broad spectrum of no-load and low-load mutual funds. Mydiscountbroker.com is a member firm of the National Association of Securities Dealers and is a wholly owned subsidiary of Southwest Securities Group, Inc. (NYSE:SWS).

About U.S. Discount Brokerage U.S. Discount Brokerage, Inc. is a deep discount investment firm that offers a full array of investment products and services including options and OTCBB stocks. Staffed by experienced professionals, U.S. Discount Brokerage provides to its clients the highest level of service and convenience. Whether you prefer to trade by phone, the web or wireless device, U.S. Discount Brokerage is "The Brokerage Firm For the Serious Investor." You can visit U.S. Discount Brokerage at: www.usdb.com.

w-Trade Wireless Trading System(TM), The Power of the Market In the Palm of Your Hand(SM), Intelligent Alerts(TM), Broker Alerts(TM) are service marks, trademarks, or registered trademarks of w-Trade Technologies. Other company, product, and service names, may be trademarks or service marks of others.


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