August 14, 2003 - Qtrade Investor Deploys Recognia Technical Event® service, Screener and Alerts

Vancouver/Ottawa, Aug 14, 2003 — Recognia Inc., a leading provider of automated technical analysis tools, is pleased to announce that Qtrade Investor, Canada's Leading Independent Online Brokerage, now provides its customers with access to Recognia's suite of Technical Event identification and chart pattern recognition tools. Recognia's analytical tools let Qtrade Investor customers research stocks using recent Technical Event opportunities, allowing them to make more informed trading decisions and helping them to uncover new investing opportunities.

"At Qtrade Investor one of our commitments is to provide our customers with the investment tools to help them make better investing decisions" says Aldo Pippo, Chief Technology Officer of Qtrade Investor. "The Recognia Technical Analysis Tools are an excellent example of the kind of leading-edge tools we provide to our customers. This, in turn, lets our customers take control of their financial future."

Qtrade Investor's customers now have access to Recognia's Automated Investment Research based on Technical Analysis, which provides Qtrade Investor customers with the technical information to make better investment decisions. Qtrade Investor will offer Recognia's full suite of products, including its new Technical Event tool, Technical Screener and Alert functionality. Once set, customers will receive automated Alerts which provide convenient notification of Technical Event opportunites for stocks and indices, thereby assisting customers with their trading strategies.

Technical Analysis is the quantitative side of Investment Research. It is distinct from Fundamental Analysis, where investors use company and market information (such as Earnings, Balance Sheet, Interest Rates etc.) to make investment decisions. Until now, investors have required extensive training and manual intervention to use Technical Analysis to support their investment decisions. The use of advanced computer technologies and innovative approaches has allowed Recognia to automate the process of finding, categorizing and presenting events based on Technical Analysis principles.

"We are extremely pleased to offer our tools to Qtrade Investor's customers" says Sean Church, President of Recognia. "Qtrade Investor is recognized as one of Canada's top online brokerages, notably for their dedication to providing outstanding customer service. The addition of Technical Event tools compliments Qtrade Investor's existing research tools and allows them to offer their customers access to the kind of tools previously only available to professional and institutional investors."

For more information please contact:

Cory Coviello
Qtrade Investor Inc.
(604) 605-4164
1.877.787.2330
ccoviello@qtrade.ca

Sean Church
Recognia Inc.
(416) 697-8400
schurch@recognia.com

About Qtrade Investor

Qtrade Investor is Canada's Leading Independent Online Brokerage, providing dedicated brokerage solutions to the customers of over 155 financial institutions across Canada. Headquartered in Vancouver, British Columbia, Qtrade Investor is a member of the Investment Dealers Association of Canada and the Canadian Investor Protection Fund ("CIPF").

About Recognia

Recognia Inc., a privately held company founded in 2000, provides automated Technical Event identification and chart pattern recognition to financial web sites, online brokerages and other trading institutions. Recognia has developed patented technology for chart pattern recognition and the identification of other types of Technical Event formations. Recognia's technology is capable of recognizing patterns and other formations in the price charts of any publicly traded financial instrument including stocks, bonds, funds, commodities, currencies and indexes. Recognia also provides a range of delivery methods that allow brokers, and other organizations, to deliver this information to their clients and accountholders. Recognia also maintains an unrivalled historical database of information relating to chart patterns and other technical information, providing historical context and past performance information.