Computershare's Chris Morris' Private Company Takes A Key Stake In Mds Financial

7 May 2010

Media Release

Chris Morris' Private Company Finico PTY LTD Takes a Key Stake in MDS Financial

MDS Financial Group Limited (ASX: MWS) is delighted to announce a new phase in its growth strategy in welcoming Finico Pty Ltd. as a substantial shareholder. Finico Pty Ltd is a private company associated with the Computershare Founder and Executive Chairman, Mr Chris Morris.

MDS Financial provides trading information services for independent and wholesale share traders. This occurs via the ASX and international markets, through two of Australia's premium sharemarket charting and technical analysis software platforms. These platforms are widely known as 'The Bourse' and 'Market Analyser'.

Additionally, in November 2009, MDS Financial acquired 100 per cent of 'Trader Dealer Online', a boutique online trading company providing execution only services for trading shares, warrants, exchange traded options and CFDs. In January 2010, 'Trader Dealer' launched 'Rapid Trader', the powerful browser-based online trading platform with the ambition to take on the major banks in the online share trading market.

In commenting on taking a key position on the MDS share register, Mr Chris Morris said,

"I believe MDS Financial is delivering a great range of products to share traders and I look forward to following the future progress of the Company as a substantial shareholder."

In commenting on this strategic development as part of the Company's ongoing growth and expansion plan, Damian Isbister, CEO, MDS Financial Group Limited, said,

"We are pleased to see that MDS is now being widely recognised by the market as a significant player providing high quality trading solutions to traders and investors of all levels. It is even more pleasing to see a widely recognised and high profile business figure identify the opportunity to acquire an interest in our Company at an early stage of its ongoing rapid growth and development."

For more information please contact Rod North, Bourse Communications on (03) 9510 8309 or 0408 670 706.

ABOUT MDS FINANCIAL GROUP
MDS Financial Group provides a range of specialist services that give investors and traders the skills to make sound financial decisions. We maintain an un-biased, independent practice across areas of stock recommendations, online trading, research and analysis tools, real-time market information and corporate advisory services. Incorporating MDSnews, Bourse Data and Trader Dealer Online. Financial Services are provided by MDS Financial Services Pty Ltd AFSL No. 333298.
For more information please visit www.mdsfinancial.com.au


SOURCE: MDS Financial