SOURCE: Nine Mile Software, Inc.

Nine Mile Software, Inc.

September 09, 2010 13:53 ET

Nine Mile Software Inc. Announces First Revenues

BOUNTIFUL, UT--(Marketwire - September 9, 2010) -  Nine Mile Software, Inc. (OTCBB: NMLE), a financial services software company, today announced the first sales of TradeWarrior Small Business and subsequent first revenues for Nine Mile Software.

"Today's announcement signifies the company's success in achieving a number of significant milestones as it transitions from a development stage company to an operating entity," stated Damon Deru, CEO of Nine Mile Software. "Since the launch of TradeWarrior Small Business in July of this year, sales have thus far exceeded our expectations. This validates our business model and the strength of our software, and demonstrates there is strong demand in the RIA market for affordable trading and rebalancing software."

TradeWarrior (http://ninemilesoftware.com/products) is a portfolio rebalancing and trading tool designed specifically for the growing Registered Investment Advisory (RIA) marketplace. It greatly reduces the time it takes an RIA firm to trade and rebalance their book of business.

If you are an advisor and would like to schedule a half hour demo of TradeWarrior, please call (877) 499-9192.

About Nine Mile Software Inc.

Nine Mile Software was founded by former investment advisors and provides a practical real world approach to solving the rebalancing and trading needs that advisors face. TradeWarrior Small Business is the first commercially released software from Nine Mile Software. You can learn more about the company on its website at www.ninemilesoftware.com.

"SAFE HARBOR"

This press release contains forward-looking statements. The words "estimate," "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

Contact Information

  • Management Contact:
    Nine Mile Software, Inc.
    Damon Deru
    CEO
    877-499-9192
    Email Contact