Track Data Sells tdc.com Domain for $1 Million; Trackdata.com Will be the Firm's New Domain

Business Wire, July 23, 2001

Business/Technology Editors

NEW YORK--(BUSINESS WIRE)--July 23, 2001

Track Data Corporation (Nasdaq NMS: TRAC) announced the sale of its tdc.com domain to a European telecommunications firm for the price of $1 million. Track's new domain will be Trackdata.com.

Track Data's web site, currently located at www.tdc.com, has been moved to www.trackdata.com. The new owner of the tdc.com URL plans to establish a new site within the next several months. Track Data's plan to launch a newly redesigned and updated web site has not been affected by the change in URL.

Track Data employees, whose e-mail addresses ended in @tdc.com, now end in @trackdata.com. However, the @tdc.com e-mail addresses will continue to work during a transition period.

"We weren't shopping our URL around," said Barry Hertz, Track Data Chairman and CEO. "They contacted us, we negotiated, and we came to an arrangement that benefits both firms. We're perfectly happy using the domain trackdata.com, which we already owned."

Track Data is a New York-based financial services company that provides real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet.

For individual investors, Track offers myTrack, a fully integrated, Internet-based online trading and market data system. myTrack's direct access online trading has commissions starting at $12.95 per trade and allows users the choice of where to route their orders. myTrack's continuous, dynamic stream of live market data is powered by application-based software and a constant server connection similar to systems used by professionals, making it faster than the HTML web-based static pages offered by most of its competitors, such as Schwab (NYSE: SCH), E*Trade (NYSE: ET), and TD Waterhouse (NYSE: TWE). In addition to all the free data supplied to myTrack users--streaming delayed quotes, company news, charting for technical analysis, and a proprietary library of intra-day market statistics--myTrack users can choose from a selection of paid data and research, including streaming real-time quotes and Nasdaq Level II. myTrack offers access through PCs, browser phones, and PDAs, such as Palm Organizers (made by Palm Inc. (Nasdaq: PALM)) and Visors (made by Handspring (Nasdaq: HAND)).

myTrack offers the first week of trading commission-free. To open a trading account, go to http://www.mytrack.com or call 1-800-myTrack.

For additional information, please contact Rafi Reguer, Director of Corporate Communications, at 718-522-0222 or by e-mail at rafi_reguer@trackdata.com.