INVESTools Partners with Forex Capital Markets, Students Gain Access to Award Winning Currency Trading Technology
January 17 2006 - 7:30AM
Business Wire
INVESTools Inc. (AMEX:IED), the market leader in fulfilling the
lifelong education needs of self-directed investors, announced
today that the Company has partnered with Forex Capital Markets LLC
("FXCM"), one of the largest non-bank futures commission merchants
specializing solely in foreign exchange, for direct account access
from the INVESTools Currency Trader(TM) website
(www.investoolsct.com) for students of its Currency Trader courses.
Also, INVESTools' currency trading education products will be
marketed and its educational content posted on FXCM's
www.dailyfx.com website. With substantial operations around the
world, FXCM has opened over 50,000 accounts and services over 400
institutional clients from more than 80 countries. FXCM has a
proven track record of reliability and success, executing more than
1,500,000 trades each month via the FX Trading Station.
"INVESTools' relationship with Forex Capital Markets, awarded best
retail platform by FX Week in 2004, best currency broker by both
Shares and T2W Member Choice Awards in 2004, and best forex
specialist by Stocks & Commodities in 2002, 2003, and 2004,
will provide premier trading account execution for the 1,200
students that have graduated from our currency trading courses
since their introduction in early 2005," said Lee K. Barba,
Chairman and Chief Executive Officer. "Our students are excited
about our currency investor education curriculum, which now extends
online, and includes workshops, coaching, active investing courses,
Prophet.Net currency charting and our Currency Trader website.
INVESTools' partnership with Forex Capital Markets will increase
the awareness of the INVESTools brand and the distribution of our
currency products and services to the individual investor in this
rapidly growing global market." As part of the agreement,
INVESTools will refer students to FXCM to open foreign exchange
trading accounts and will be compensated for certain activity in
such accounts. Prophet.Net charts are currently available at
www.dailyFX.com and www.FXCM.com. About INVESTools Inc. INVESTools
Inc. is a global leader in investor education. The Company offers a
full range of investor education products and services that provide
lifelong learning in a variety of interactive delivery formats,
including instructor-led online courses, in-person workshops, "at
home" study programs, one-on-one coaching sessions and telephone,
live-chat and email support. Approximately 193,000 investors around
the world have graduated from INVESTools' investor education
programs. Log on to http://www.investools.com to learn more about
the INVESTools Method(TM) -- one of the most widely recognized,
adopted and endorsed approaches to investor education. All
statements in this press release that are not historical are
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements
may be identified by words such as "believe", "intend," "expect",
"may", "could", "would", "will", "should", "plan", "project",
"contemplate", "anticipate", or similar statements. Because these
statements reflect the Company's current views concerning future
events, these forward-looking statements are subject to risks and
uncertainties. The Company has made every reasonable effort to
ensure that the information and assumptions on which these
statements and projections are based are current, reasonable, and
complete. However, a variety of factors could cause actual results
to differ materially from the projections, anticipated results or
other expectations expressed in this release, including, without
limitation, the success of brand development efforts and strategic
alliances; demand for the Company's products and services; the
ability to compete effectively and adjust to changing market
conditions; inability to protect the Company's proprietary
technology; difficulties or delays in developing improved products
when expected or desired and with the additional features
contemplated or desired; the potential for intellectual property
infringement, warranty, product liability, and other claims; the
uncertainties associated with governmental regulation; and other
factors detailed from time to time in the SEC reports of INVESTools
Inc. The Company assumes no obligation to publicly update or revise
any forward-looking statements made herein or any other
forward-looking statements made by the Company, whether as a result
of new information, future events, or otherwise.
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