Midastrade.com Inc.

Midastrade.com Inc.

August 17, 2007 11:06 ET

MidasTrade.com Inc.: Goodmorning Shinhan Securities Launches Trading/Support Desk

BUENA PARK, CALIFORNIA--(Marketwire - Aug. 17, 2007) - MidasTrade.com Inc. (PINK SHEETS:MIDS) announces that its subsidiary Midas Securities, LLC along with Goodmorning Shinhan Securities have completed the back office system integration in order for Goodmorning Shinhan Securities to launch a night trading/support desk. With a night trading/support desk, Goodmorning Shinhan Securities will support its online customers during U.S. market hours as well as taking orders over the phone. We believe this will increase their existing trading volume significantly. Goodmorning Shinhan Securities will also launch electronic U.S. bond trading through the night trading/support desk via Midas GDAN. Currently, Goodmorning Shinhan Securities is executing its U.S. bond trading via over the counter.

About MidasTrade.com Inc.

MidasTrade is a U.S. based company committed to the deployment of the Midas Global Direct Access Network (GDAN) that allows investors to trade securities, options and futures in real time via their online trading account through the MidasTrade network of participating exchanges, all over the world. The MidasTrade GDAN is designed to provide investors with immediate execution and confirmation of their securities trade with minimal surcharges and commissions. The company successfully launched MidasTrade GDAN in South Korea and the U.S. in April 2002.

Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.

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