Elite Technology Partners announces a strategic partner program.

A unique Beta-Wave program allows a limited number of customers to obtain Elite's quantitative models and direct access technology for a modest investment.

Elite Technology Partners, a New Jersey based developer of software for trading equities and options, has announced the Beta-Wave program. This unique program has the goal of attracting strategic partners from the financial services industry. Each partner will become both investor and consumer of Elite's quantitative trading products.

Attractive Business Case

Through the Beta-Wave program, institutions can acquire Elite's technology at a much reduced cost. The program is low cost and low risk with tremendous upside potential. In addition to the reduced cost of the technology, the Beta-Wave partners receive commission income on referral sales. Beta-Wave is a great win for all parties.

Elite Technology Partners is recruiting a limited number of Beta-Wave partners to participate in the program. Partner firms will not number more than six or less than five. Costs and risks are reduced because they are shared by the partners. This is an all-or-nothing program where a partner is not asked to invest until all partners have agreed to participate.

As an example, the average engagement for Elite's technology is approximately $1.5 million. In the Beta-Wave program, the financial burden is shared among the partners. Each partner can obtain the software at an investment of $300,000.

Beta-Wave partners have the additional benefit of receiving income from the program. The program contains a two-tier commission structure. This includes high commissions for direct referrals and revenue sharing on total sales.

Here are the highlights of the program: