Avalon Capital Holdings (fka AVLC)

[joelegs]

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--

Avalon Capital Holdings Corporation (OTC: AVAL) and its wholly owned subsidiary, Traders Development LLC, announced today the release of a new proprietary trading software designed to provide companies with existing trading platforms an additional Front End Trading Terminal. The new trading software, "Avalon FX Pro Direct 4.1" is a stand-alone trading terminal based on Avalon FX Pro 4.1 Technology and can operate independently of the Avalon FX Pro 4.1 Back Office.

The new software can be connected to almost any reputable clearing house and does not require the clearing house to utilize the Avalon FX Pro 4.1 Back Office. Avalon Capital Holdings Corp. will market this software to existing forex companies around the world. The company expects that Avalon FX Pro Direct 4.1 will acquire a noticeable portion in the global marketplace.

In making the announcement, Dr. Vladimir Karpenkov, CEO of Avalon Capital Holdings, stated, "Trading houses want to give the highest degree of comfort and flexibility to their traders. We expect that they will see our software as a significant step in that direction. I also think that the trading houses will see Avalon FX Pro Direct 4.1 as a cost-saving measure, which will reduce their technology expenditures while allowing them to focus on the most important thing: customer and product support. At the same time, when given the choice between trading with a clearing house's existing trading platform and the Avalon FX Pro Direct 4.1, we are confident that many traders will select the Avalon FX Pro Direct 4.1. In my opinion, it is more user-friendly, intuitive, and sophisticated than the garden variety 'in house' trading software."


Sean Jui, Chief Technical Officer of Avalon Capital Holdings, stated, "The Avalon Direct Platform is a testament to Avalon's goal of working with proven legacy systems in the fast growing FX marketplace."

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 [e-mail].

About Traders Development, LLC

Traders Development, LLC is a financial software company based in Irvine, California. Traders Development plans to be a leading technology provider of foreign exchange trading and data solutions to trading professionals and qualified organizations. Traders Development also provides turn-key or customized solutions to qualified organizations including dealing interface (or graphic user interface-GUI), application program interface (API), back-office processing, database, servers, technical support and upgrades. Traders Development has developed and owns its proprietary Forex trading platform, Avalon FX Pro". For additional information contact [e-mail].

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