Beverly Hills, Calif. (PRWEB) March 20, 2008
Avalon Capital Holdings Corporation (PINK SHEETS: AVAL), and its wholly owned subsidiary, Traders Development LLC, announced today that, due to popular demand from Forex traders around the world, registration will continue through April 1, 2008, for the Avalon FX Pro(TM) Demo Trading Contest featuring the Company's proprietary Avalon FX Pro(TM) 4.1 Trading Platform. Traders from all over the world can register for the contest by visiting http://www.avalonch.com/.
The Avalon FX Pro(TM) 4.1 Trading Terminal is currently available in English, Chinese, Russian, French (Canadian), Turkish and Japanese. Avalon FX Pro(TM) 4.1 includes features such as one-click order execution, trading from charts, real time news feed, trailing stops, and advanced technical analysis tools. The Avalon FX Pro(TM) Trading terminal has incorporated a Ribbon Navigational system giving the Avalon FX Pro(TM) 4.1 Trading Terminal a Vista feel and design.
The registration period for the contest continues through April 1st. Each trader will be able to participate in the contest for a one month period beginning the day they register. In excess of 20 Billion demo dollars (USD) have already been transacted by those already participating in the contest. The Company will award prizes to the top three traders at the end of the contest. The prizes include a Sony Vaio Laptop for first place, an iPod Classic for second place, and an iPod Nano for third place. Traders who wish to open live accounts trading from Avalon FX Pro(TM) 4.1 may do so by opening accounts with clearing providers, who license Avalon FX software. A list of Avalon FX Pro(TM) clearing providers can be found at http://www.tradersdev.com/Clearing.aspx.
By offering a free demo trading contest directly to active traders, the Company will begin its campaign to market Avalon FX Pro(TM) technology directly to the end user (traders). Avalon Capital Holdings Corporation believes it is well positioned to benefit from the increasing demand of online trading technologies and growth in the retail Forex market. Our efforts made to market directly to traders are intended to complement Avalon Capital's core business of licensing Avalon FX Pro(TM) 4.1 Trading Technology to financial companies.
In making the announcement, Mitchell Eaglstein, COO of Avalon Capital Holdings Corporation, stated, "Our primary goal is to provide a complete turnkey solution to financial companies that offer online trading services. Trading contests and other promotions designed to increase trader's awareness of Avalon FX Pro(TM) technology will ultimately benefit the financial companies which offer Avalon FX Pro(TM) technology to their clients."
About Avalon Capital Holdings Corporation
Avalon Capital Holdings Corporation, through its subsidiaries, develops, markets and distributes high-performance trading software for financial companies that engage in online trading. The Company offers products related to the Foreign Exchange ("Forex"), the world's largest capital market according to The Bank of International Settlements. For additional information please visit http://www.avaloncapitalholdings.com or email firstname.lastname@example.org.
A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. Such statements reflect the current views of Avalon Capital Holdings Corporation with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
Avalon Capital Holdings Corporation does not undertake any responsibility to update the "forward-looking" statements contained in this news release. Any communications received by fax or e-mail concerning Avalon Capital Holdings Corporation which have not been authorized by the Company or its investor relations/media advisory firm are specifically disavowed by the Company.
SOURCE: Avalon Capital Holdings Corporation
Avalon Capital Holdings Corporation
Vladimir Karpenkov, 323-428-3244