Midastrade.com Inc.

Midastrade.com Inc.

July 02, 2008 09:30 ET

MidasTrade.com Inc.-UPDATE: Hanyang Securities Trades U.S. Securities Through the Midas Securities LLC, GDAN Networks

BUENA PARK, CALIFORNIA--(Marketwire - July 2, 2008) - MidasTrade.com Inc. (PINK SHEETS:MIDS) announces that its subsidiary Midas Securities LLC as of June 2008 has been supporting U.S. market transactions through the GDAN network to Korean customers of Hanyang Securities. Midas Securities LLC is providing the trading support desk for execution orders during U.S. market hours. This increased number of Korean trades into the U.S. markets through GDAN is another step in the continued growth of Midas Securities LLC. Jay Lee, President of Midas Securities LLC, commented; "The trade volume from our new relationship with Hanyang Securities is very encouraging and will certainly contribute to the continued business growth of Midas Securities LLC. We believe that each new customer using GDAN is an opportunity for us to display our abilities and range of services while we build lasting relationships upon those services combined with our specialized client specific customer service."

About Hanyang Securities:

Since Hanyang Securities was established as a subsidiary of Hanyang University Foundation in 1956. Hanyang Securities has created steady profits from a diverse range of business categories ranging from financial products sales, corporate financial sales, asset management, brokerage and providing quality financial service to all its customers.

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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