SOURCE: Nine Mile Software, Inc.

Nine Mile Software, Inc.

March 16, 2010 14:03 ET

Nine Mile Software, Inc. Provides Update on Business and Development

LAYTON, UT--(Marketwire - March 16, 2010) -  Nine Mile Software, Inc. (OTCBB: NMLE), a financial services software company, today announced a general business and development update to its shareholders.

Nine Mile Software, Inc. is in its final beta testing stage for their first commercial release of TradeWarrior Small Business. TradeWarrior is a portfolio rebalancing and trading tool designed specifically for the growing Registered Investment Advisory (RIA) marketplace.

Damon Deru, CEO of Nine Mile Software, Inc., stated, "We are pleased to announce that we are in the last stages of beta testing for TradeWarrior. We are making final refinements to the program from industry feedback in anticipation of our full release at the beginning of the 2nd Quarter in conjunction with the FinFolio release. Nine Mile Software should transition to a revenue producing company in the 2nd Quarter of this year."

The company recently returned from an industry conference, the 2010 Technology Tools for Today "T3" conference. The T3 conference is dedicated to the technology and software sector in the investment advisory industry. The founders of T3 are Joel Bruckenstein and David Drucker, who are well respected journalists covering technology and software for investment advisors. They have written articles for publications such as, The Wall Street Journal, New York Times, Business Week, The Washington Post, Financial Planning, Morningstar Advisor and Wealth Manager, to name a few. In addition to this, they publish their own newsletter, Technology Tools for Today, upon which this yearly conference is based. 

Nine Mile Software had a sponsorship booth at the conference to demonstrate the abilities of TradeWarrior to advisors, brokers, and other software vendors. A short video interview from the Conference can be seen here: http://t3conference.blogspot.com/2010/02/tradewarrior-gives-progress-report-at.html. Their CEO, Damon Deru, also moderated the "What's new in Rebalancing Software" panel at the Conference, which was one of the most well attended breakout sessions of the conference.

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 in Beta testing, with an expected release date in the 2nd Quarter 2010.

"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
    888-660-6568 x201
    Email Contact