ICBM .001 TrendSoft Ltd., announces launch of the new I-Trend software program
Last update: 6/27/2007 10:00:00 AM
NEW YORK and MONTREAL, June 27, 2007 /PRNewswire-FirstCall via COMTEX/ -- ICBS Limited (ICBS) (Pink Sheets :ICBM) a business development and management firm located in New York and Canada, announced today that TrendSoft Limited, is expected to launch its new I-Trend financial software program by August 1, 2007.
TrendSoft Ltd., announced today that it is expected to release its new software program i-Trend (R) by August 1, 2007
TrendSoft Ltd., has developed an artificial intelligence computer program called i-Trend (R) which is an investment decision support system that allows a user to develop trading strategies against historical data and develops an optimal plan for individual needs and constraints.
i-Trend (R) takes advantage of an Artificial Intelligence technique called evolutionary computing to simulate the strategy used by investors who compete with each other under complex conditions. Such conditions may include personality for example - psychological factors which can have subtle impacts on investment performance.
The system uses historical data along with all available news and information regarding the target stock company and builds a data base which then commits current up-to-date trading information on a continuous daily basis, thereby allowing i-Trend(R) to optimize the users strategy and project conditions that will allow the user to position themselves with the target stock. The company is projecting 1.5 million in sales within the first twelve months.
"This is very exciting for us", said Garth McIntosh, President and CEO ICBS, "I was personally very impressed with the capabilities of this program. In my opinion, this could revolutionize the ability of the less experienced market investor and create a level playing field with the professionals"
ICBS holds a 50% equity position in TrendSoft Limited. You can visit them at;
NB. This news release includes statements that constitute forward-looking statements. Please be aware that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of any number of factors, including the risk factors contained in the Company's disclosure documents.
SOURCE Inter Canadian Business Service
Garth McIntosh, President & CEO, (888) 932-4402, Source: ICBSLimited
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