Market Technologies Receives Recognition from PEDC

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Market Technologies Receives Recognition from Pasco Economic Development Council

Wesley Chapel, FL, September 25, 2000 — Louis B. Mendelsohn, President and Chief Executive Officer, announced today that Market Technologies received a letter of congratulations from Mary Jane Stanley, Executive Director of the Pasco Economic Development Council, on behalf of the Board of Directors and staff of the Council for Market Technologies ranking 25th in the Tampa Bay Technology Fast 50 competition. In her letter to Mr. Mendelsohn, Ms. Stanley indicated that “This is truly an accomplishment, and we are fortunate to have you call Pasco County home for your business”.

Earlier this summer, on June 12, 2000, the Pasco Economic Development Council informed Mr. Mendelsohn that Market Technologies was nominated for one of the Pasco Economic Development Council’s Industry of the Year Awards. According to John Walsh’s letter to Mr. Mendelsohn on behalf of the Council, “Every year since 1987, the Pasco Economic Development Council has recognized outstanding companies for their contribution to our economy. This nomination sets Market Technologies apart as a leading member of Pasco County’s corporate community.”

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.