Avalon Capital Holdings  
Location:   News Center   >  Company News   > 
       
News Center
Press Releases
Company News
Market News
Market Analysis
In Development
 

Avalon Capital Holdings Sees Global Demand for Avalon FX Pro 4.1 Trading Platform

Monday, April 21, 2008

BEVERLY HILLS, Calif., Apr 21, 2008 (BUSINESS WIRE) -- Avalon Capital Holdings Corporation (OTC:AVAL), and its wholly owned subsidiary, Traders Development LLC, announced today that based on current agreements, Avalon Capital Holdings anticipates financial companies in the United States of America, Russia, and Canada to utilize Avalon FX Pro trading technology during 2008. By fostering a global client base of financial companies with distinct online trading business models, Avalon projects significant short-term and long-term increases in the distribution of Avalon FX Pro technology.

The Cohen Independent Research Group previously provided sales forecasts of $3,936,600 in 2008 and $13,355,000 in 2009 along with short-term price target range of $1.08-$1.60 under a base case scenario. The entire research report about Avalon Capital Holdings Corporation is available on the Cohen Independent Research Group's website: http://www.cohenresearch.com/. The report contains an in-depth analysis of Avalon Capital Holdings Corporation and detailed explanations of Cohen Independent Research Group's methodology for providing its forecasts and projections.

According to the Company, forecasts made by Cohen Independent Research Group are subject to its initial licensees positive response, ongoing demand for Avalon FX Pro technology and factors described in the full version of the research report.

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. 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 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.

CONTACT

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

  
See Also:
Yahoo Finance
News and Press Releases
Site Map
Print this page
  © 2010 Avalon Capital Holdings Home   Products   News Center   Subsidiaries   Investor Relations   Corporate   Forex Contest  
RISK DISCLOSURE:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.