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The name was changed purely for marketing and public relations reasons, and
to deal with the effect of a merger acquisition and shift in business model.
The TradeStation brand is what defines our company, so we believed that was
the way to go in the future. Also, transitioning from being purely a
software company to being a company that operates a full broker-dealer
trading platform resulted in Omega making less sense as a name, and
TradeStation making a lot of sense (that is what we now sell-a complete
Tradestation). Accordingly, the new brokerage was named TradeStation
Securities (it used to be onlinetrading.com), the technologies/software
company was renamed TradeStation Technologies and the parent company formed
to own both (the NASDAQNM public company) was named TradeStation Group. We
hope this clarifies the name change issue.
Sincerely,
Stephen Pepe, Jr.
Director of Client Support
-----Original Message-----
From: Michael McGahee [mailto:mikem33@xxxxxxxxxxxxxxx]
Sent: Friday, August 09, 2002 9:50 PM
To: OMEGA LIST
Subject: Re: Tradestation for sale
Hi Stephen,
I pay for every single piece of software I own (including TS2K). Even when I
had 23 different computers in my company I paid for every single license.
Ethically I feel that is the correct thing to do and wouldn't want someone
stealing from me. Also if someone likes the software they should be honest
enough, if they desire the software, to pay the going price that the company
ask. I do like TS2K and it has served me well, so I think the income and
profit belongs to those that developed and marketed the company and its
product.
That being said, If there is no difference between TradeStation
Technologies, Inc. and Omega Research, Inc. why did the (CEO, Board of
Directors, etc ad infinitum) choose to change their name from Mike to John?
The only two instances in life that I aware of as to why someone changes
their name is: a) actors because they are pretending to be someone they are
not and b) criminals who are trying to hide something. Possibly there other
reasons and certainly I'm sure your company does not fit under either of the
two but it would be interesting to hear "why"?
Regards,
Michael McGahee
Stephen Pepe wrote:
>From TradeStation:
TradeStation Technologies, Inc. and Omega Research, Inc. are the same
company. The company simply changed its name, which is of no legal
significance to its assets, rights or obligations. It is no different than
if an individual changed his name from Mike to John. He owns the same
things, and has the same rights and obligations, as he did before he changed
his name.
Accordingly, TradeStation Technologies continues to own all of the same
rights in its software and technology, including copyrights, that it owned
before its name change. Bootlegging or piracy of the company's software is
illegal, and the company reserves its rights to enforce its copyright and
other ownership rights to the maximum extent the law permits, which may
include injunction, and recovery of damages, punitive damages and attorneys'
fees and costs. We do not condone the illegal copying, sale or other use of
the company's products or violation of its software licensing agreements.
Sincerely yours,
Stephen Pepe
Director of Client Support
TradeStation Technologies, Inc.
Thank you,
Stephen Pepe, Jr.
Director of Client Support
"Together we will succeed!"
TradeStation Technologies, Inc.
(formerly Omega Research, Inc.)
A subsidiary of TradeStation Group, Inc. (Nasdaq: TRAD)
http://www.TradeStation.com
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