For Immediate Release:
CONTACT: Stormchaser Technologies
Sterling Hornbuckle
Chief Marketing Officer
Phone: (877) 45STORM (457-8676)
STORMCHASER TECHNOLOGIES ANNOUNCES THE RELEASE OF
THE STXTREME TRADING SYSTEM!
Austin, TX – June 27, 2006 – Stormchaser Technologies, Inc. is pleased to announce that they have released a new Automated Trading System, STXtreme, that has backtested performance results of well over 200% on an annualized basis*. STXtreme runs on the Stormtracker V4.1 Scanner and Black Box Execution Platform. The Trading System runs a preliminary filter before the market opens to generate a list of the stocks that will be scanned/traded for that day. STXtreme scans for both long and short buying/selling opportunities and can be configured for automatic executions. STXtreme employs Stormtracker’s Automated Basket Technology (ABT), which automatically adjusts risk depending on various factors including capital used and market conditions. This system can be traded “out of the box”, totally automated and will initiate and manage multiple positions simultaneously, based on sophisticated algorithms. Impressive Results using Stormchaser Technologies automated Trading Systems Solutions for Active Traders, Broker Dealers and Hedge Funds.
*Results from Test Period 3/24/06 through 6/16/06 were 247% annualized, using a 100K account (400K intraday buying power). Average P&L / Day $988 in the Test Period. Past performance does not guarantee future results.
You can download a FREE 7-day trial of Stormtracker V4.1 by visiting www.stormchasertech.com. For a limited time only purchasers can buy the STXtreme Trading System for $500, which is 50%, off the regular price. Purchase of the STXtreme Trading System includes a detailed user manual, explaining the principles behind the fundamentally sound intraday Trading System. This information by itself is very valuable and allows the user to successfully design his own automated intraday trading systems.
Stormtracker V4.1 includes:
Past performance is not necessarily indicative of future results, the risk of loss exists in any trading system. No system or methodology has ever been developed that can guarantee profits or eliminate potential losses. No representation or implication is being made that using this system, methodology or service will generate profits or ensure the absence of losses.
About Stormchaser Technologies, Inc. Austin
Stormchaser Technologies, Inc. of Austin Texas develops markets and sells innovative advanced Algorithmic Trading based “Black Box” systems for the securities industry. These highly efficient and user friendly systems markedly enhance the accuracy, data handling and timely execution response capabilities, and hence significantly improve the efficacy and profitability of day trading. The Company is also planning to provide total trading solutions, including Order Management Systems. Visit www.stormchasertech.com
“Scan More – Test More - Trade More – Make More, Hands Free.”
This Press Release contains forward-looking statements. It has been prepared based on sources and data that Stormchaser Technologies, Inc. believes to be reliable and correct, but it makes no representations as to its full accuracy or completeness. The Company intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results.
