POWERTICKER COMES HOME TO GALLEON SOFTWARE
Original developers purchase leading Macintosh stock browser from Aladdin
TORONTO. May 10, 2001. Since they first released MacTicker in 1999, Galleon
Software has been at the forefront of the Macintosh stock browser market.
Aladdin Systems purchased the product soon after, and Galleon continued as
the prime developers of the newly named PowerTicker. But today, with the
release of PowerTicker 2.1 under the Galleon banner, the leading stock
browser on Macintosh has come full circle.
"Selling PowerTicker to Galleon Software makes good sense," says Jonathan
Kahn, CEO of Aladdin Systems. "It puts an exciting piece of software back
into the hands of the people who created the original version, and will
allow Aladdin to focus our resources on extending our StuffIt technology,
enhancing Spring Cleaning, and expanding our offerings for Developers."
PowerTicker is a specialized web browser that queries financial websites
around the world and reformats the information it receives as an animated
stock ticker and a collection of concise reports. The built-in portfolio
manager uses the latest available stock quotes to calculate the current
value of your investments; even your international holdings are
automatically converted at the current exchange rate and tallied in your
currency of choice. One integrated package lets you monitor how much your
holdings gain or lose over time, recognize buying opportunities, spot
problem areas before they start costing your money, even built experimental
portfolios to test the water without risking your savings.
PowerTicker 2.1 is a free upgrade to all previous owners of Aladdin's
PowerTicker, and the transition should be painless since the new
application recognizes Aladdin serial numbers. The new release fixes a
number of small problems with version 2.0.1, but adds no new features.
"We've missed the direct contact we used to have with our PowerTicker
customers," says Colin Biggin, the president of Galleon Software. "They
were always the best source for new ideas, and we're looking forward to
quickly getting back in touch with them and building the new features
they're looking for."
High on many people's wish lists are streaming real-time quotes and a fully
revamped version of PowerTicker that takes advantage of the new features of
Mac OS X. A carbonized version is scheduled for the summer, which together
with the release later this spring of a brand-new Windows version, will
make PowerTicker the first full-featured, cross-platform desktop stock
browser available on the Internet.
"There'll soon be no reason to keep your investment portfolio online," says
Biggin. "PowerTicker for Mac and Windows will retrieve all the information
you need from any financial site on the Internet, and store it securely on
Galleon Software is a Toronto-based developer of desktop communications
applications including eMerge, Data Dredger, and PowerTicker.