From this filing ...
Products
--------
The Company's primary software product is made up of two software
programs, StockEX and Investor Account Manager ("IAM"). By integrating
these two software packages, the Company has developed software it can
license to brokerages that will enable them to offer customized online
trading, reporting and account management to their clients.
StockEX
-------
StockEX is a proprietary transaction-based software program which
provides an interface between the investor's computer and the brokerage's
web site. Via StockEX, the investor can setup online trading accounts
through the brokerage's web site. In addition to providing online trading,
the StockEX program also offers such record keeping features as trade
confirmations and records of all transactions executed by the client.
Investor Account Manager
------------------------
IAM is an easy to operate, cost effective and customizable PC based
software program designed to manage client transactions. This software
offers several account management programs that interface with one another.
These include managing cash accounts, pooled funds, assets and securities
trading accounts along with client account reporting via the internet.
This software will allow a brokerage house, investment manager or trustee
to access and provide full client account information to their clients.
"CASH MANAGEMENT ACCOUNT" which is a cash account management
system for checking and savings type accounts. It can be linked to an
investment account to facilitate withdrawals and deposits of funds in
conjunction with security trading.
"FUND ACCOUNT" which is a cash/share management system which
allows a broker, mutual fund or trust manager to process investor
contributions, withdrawals, dividends, and earnings in accordance with
the time value of each transaction for accurate distribution of income
to each investor. This feature is capable of calculating proper
income distributions to an unlimited number of investors or accounts.
"INVESTMENT ACCOUNT" is an asset/investment management system
which allows an investment manager to trade and manage assets for the
Fund Account and/or individual investors. For buy and sell
transactions, funds will automatically be drawn from or deposited to a
designated "Trading Cash Account" for easy cash management.
