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`Omega Research (Nasdaq: OMGA) is a leading provider of branded real-time
`trading tools for active traders and professionals. Our flagship product,
`TradeStation®, has sold over 45,000 copies, representing more than $100 million in
`software sales, since its introduction in 1991. WindowOnWallStreet.com, our
`recently introduced Internet subscription service with over 10,000 paying
`subscribers, offers active traders and professionals award-winning streaming
`real-time charts, quotes and news.
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`On January 20, 2000, Omega Research (Nasdaq: OMGA) and OnlineTrading.com,
`a direct-access online brokerage for active traders and professionals, announced a
`definitive agreement to merge the two companies in an all-stock combination. The
`strategic combination of these two companies is expected to create unparalleled
`brokerage services for the active trader and professional: a seamlessly-integrated
`trading platform that includes a branded, powerful trading strategy platform;
`streaming real-time market quotes and news; and direct-access, intelligent order-
`routing execution services. After the merger, the company plans to make available
`brokerage services to new customers and to its existing base of 45,000
`TradeStation and 10,000 WindowOnWallStreet.com customers.
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`Later this year, Omega Research intends to launch TradeStation.com, the Internet
`version of its flagship product, which the company believes will be the Internet's first
`trading platform that allows active traders to test, automate and execute their own
`trading strategies. TradeStation.com will combine the trading strategy back-testing
`and automation of TradeStation with streaming real-time market information and
`intelligent direct-access order execution.
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