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

Avalon Capital Holdings Awards Prizes for Trading Contest Winners

Friday, June 27, 2008 - 8:03 AM EDT

Avalon Capital Holdings Corporation (OTC:AVAL) and its wholly owned subsidiary, Traders Development LLC, announced today that it has awarded prizes to the top 3 traders in its first contest. Faisel Freihat, the 1st place winner, finished with a profit of 6200% and received a Sony Vaio Laptop Computer. Ruben Meghavoryan, the 2nd prize winner, finished with a profit of 3700% was awarded a $250.00 gift certificate, and Mark Kolodziej, the 3rd prize winner, finished with a profit of 1700% was awarded an iPod nano.

In making the announcement, Sean Jui, Chief Technical Officer of Avalon Capital Holdings Corporation, stated, “The success of our demo trading contest has once again proven the global popularity of Avalon FX Pro 4.1. It is evident that the demands from the global Forex trading community are strong for Avalon FX Pro. We are confident that the prevailing technology of our system will bring great value to anyone that offers Avalon FX Pro 4.1 to their trading clients.”

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.avalonch.com/ or email info@avaloncapitalholdings.com.

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 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.

Avalon Capital Holdings Corporation
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.