GLOBALTEC LAUNCHES FIRST ONLINE TV NETWORK
DEDICATED TO STOCK TRADERS
Wizetrade
TV to Offer 12 Hours of Daily Real-Time
Online Financial Programming
(DALLAS—May 21, 2007)
The
country’s estimated 10 million individual
stock investors who rely on their PC for
their livelihood are getting good news:
Dallas-based GlobalTec is joining the online
TV revolution by launching the first online
TV network featuring 12 hours of live,
in-the-market programming every trading day.
The nine-year-old investment software
technology company has partnered with Akamai
Technologies Inc. (NASDAQ:
AKAM - News), a leading service provider
for accelerating the development of
information and business processes online.
Dubbed Wizetrade TV™ (www.wizetrade.tv.com),
the subscription-based online TV network
allows viewers to call or e-mail their stock
picks to have them analyzed on-air by
professional traders-turned-teachers,
several of whom began trading in the pits of
the Chicago Mercantile Exchange and the
Chicago Board of Trade. The network will
also serve as a public platform for traders
looking to swap trading strategies on-air
with fellow traders.
“Our aim with Wizetrade TV is to take the
online trading experience to a different
level,” said John Dankovchik, president of
GlobalTec. “Where other traditional
financial networks offer broad coverage of
the markets, Wizetrade TV focuses
exclusively on the technical analysis of the
trades our viewers are currently engaged in,
or are considering engaging into. As
investors continue to rely more heavily on
their PC for their trades as opposed to the
traditional bricks and mortar of a broker,
it only seemed natural to create this type
of programming to assist our viewers.”
In its first few months of operations, the
Wizetrade TV netword is averaging a total of
75,000 monthly viewers and more than 1,000
daily viewers use the network’s on-demand
feature. The network fills up 36.9 TB of
bandwidth weekly for its live programming
and 5.7 TB of bandwidth weekly for its
on-demand feature. By teaming with Akamai
Technologies, Wizetrade TV is delivered
right to a viewer’s computer anywhere an
Internet connection can be established.
-more-
GlobalTec launches first online TV network
for stock traders, pg. 2
“By leveraging the Akamai platform,
GlobalTec can offer its viewers a superior
experience through fast, reliable delivery
of trading information content right to
their personal computers,” said Paul Sagan,
president and CEO of Akamai. “The demand for
online trading content is growing rapidly,
and Akamai is excited to work with an
industry leader such as GlobalTec on the
content distribution infrastructure for its
new Wizetrade TV.”
Programming is shot from 7 a.m.-7 p.m. EDT
daily from GlobalTec’s online TV studios in
Carrollton, Texas. The 200,000 sq. ft.
facility includes seven studios, two editing
suites, satellite uplink capability, and
spinning sets for news briefs. The facility
houses Wizetrade TV’s 29 full-time
production staff, including one full-time
make-up artist, three producers, three
cameramen, a graphics artist, on-air talent,
and others.
Programming begins at 7 a.m. and covers all
the major markets from before the opening
bell to after the closing bell—from (spot)
FOREX and stocks to stock options,
commodities and futures. All daily programs
are archived for five days and are available
via Video on Demand.
About GlobalTec
Dallas-based GlobalTec is a nationally
recognized provider of investment software
that provides analytical and trending tools
for personal investors. Founded in 1999,
GlobalTec has been providing traders at all
experience levels with a suite of software
products to assist them with their trading
selections. Visit
www.globaltecsolutions.com or
www.wizetradetv.com for more
information.
About Akamai Technologies
Akamai® is the leading global
service provider for accelerating content
and business processes online. Thousands of
organizations have formed trusted
relationships with Akamai, improving their
revenue and reducing costs by maximizing the
performance of their online businesses.
Leveraging the Akamai EdgePlatform, these
organizations gain business advantage today,
and have the foundation for the emerging Web
solutions of tomorrow. Akamai is "The
Trusted Choice for Online Business." For
more information, visit
www.akamai.com.
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