Avalon Capital Holdings Announces the Second Free Demo Trading Contest

Thursday, April 17, 2008

BEVERLY HILLS, Calif., Apr 17, 2008 (BUSINESS WIRE) -- Avalon Capital Holdings Corporation (OTC: AVAL.pk), and its wholly owned subsidiary, Traders Development LLC, announced today that registration has begun for the second Avalon FX Pro Demo Trading Contest featuring the Company's proprietary Avalon FX Pro 4.1 Trading Platform. Traders from all over the world can register for the contest by visiting http://www.avalonch.com/.

The registration period for the contest starts on April 15th and continues through June 1st. Each trader will be able to participate in the contest for a one-month period beginning the day they register. The Company will award prizes to the top three traders at the end of the contest. The prizes include a Mac Book Laptop for first place, an iPod Touch for second place, and an iPod Nano for third place. Traders who register will also receive a complimentary gift from Online Trading Academy (OTA); The Fantastic World of Foreign Exchange Trading-Forex 1 CD. The top two traders will also receive grand prizes from OTA; the first prize being Professional Forex Traders Library and the second prize being Forex Trader Part 1 Course. The link to the free registration page can be found at http://tradersdevelopment.com/Contest/Default.aspx and the list of sponsors can be seen at http://tradersdevelopment.com/Contest/Sponsorship.aspx.

This is the second demo-trading contest offered by Avalon. In excess of 70 Billion demo dollars (USD) was transacted in the first contest. Noting the success of the first contest, Mitchell Eaglstein, COO of Avalon Capital Holdings, commented: "We hear from more and more people who show interest in testing our software in a real-time competitive environment. The new trading contest will allow them to have that opportunity while increasing the exposure of our software in the marketplace. We believe that this exposure will ultimately benefit traders, our company, and the licensees of our software."

The Avalon FX Pro 4.1 Trading Terminal is currently available in English, Chinese, Russian, French (Canadian), Turkish and Japanese. It 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 Trading terminal has incorporated a Ribbon Navigational system giving the Avalon FX Pro 4.1 Trading Terminal a Vista feel and design.

Avalon Capital Holdings Corporation, through its subsidiaries, develops, markets, and distributes high-performance trading software to financial institutions that engage in online trading. The Company specializes in products and turnkey solutions related to the Foreign Exchange ("Forex") market. For additional information please visit http://www.avaloncapitalholdings.com/ or email info@avaloncapitalholdings.com.

Traders Development, LLC is a financial software company based in Irvine, California. It is a leading technology provider of foreign exchange trading and data solutions. Its services include turn-key and customized solutions including dealing interfaces, back-office processing, database solutions, hardware, and technical support. Traders Development has developed and owns Avalon FX Pro(TM). For additional information contact info@tradersdevelopment.com.

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 Securities 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

CONTACT

Avalon Capital Holdings Corporation
Dr. Vladimir Karpenkov, 310-967-0990