Track Data’s NEWSWARE DIVISION RELEASES

BROOKLYN, NY—March 26, 2004—Track Data Corporation (NASDAQ: TRAC) today announced that its NewsWare division has released NewsWatch 11.0, the latest version of its flagship news aggregation and filtering product. With the new release, Track Data extends its leadership position in the news filtering industry.

NewsWatch 11.0 has many new enhancements that will provide additional functionality not found elsewhere. Alerts have been improved to allow filtering by headline, full text, or ticker symbol. There are more news sources, including a Wall Street Events Calendar. And NewsWatch now has a more intuitive interface, allowing users to search the news faster. More information about NewsWatch 11.0 is available by telephone at 888-832-2878 or by visiting the web site, http://www.newsware.com

NewsWatch is a fully customizable, real-time streaming news system that is available through the Internet or dedicated lines. The NewsWatch search engine filters news by ticker symbol, keyword, topic, industry, and news source. Its pop-through banner alerts users to breaking news according to the user’s customized filter. NewsWatch offers hundreds of national and international news sources, including general newswires, financial newswires (such as Dow Jones), press release wires, SEC filings, and newspapers, as well as easy, one-click links to thousands of web sites. In addition, NewsWatch offers premium financial content such as upgrade/downgrade alerts, technical alerts, Wall Street Events, financial TV transcripts, and market commentary—all via one connection.

NewsWatch is designed for all knowledge workers, but is specifically helpful to:

Hedge Funds/Traders tracking news about companies in their portfolio

Arbitrage Desks identifying event-driven opportunities

Retail Brokers following pertinent news about customized groups of stocks for each client

Analysts monitoring industry groups

Compliance Depts. conducting market surveillance

Corporate Users researching competitors, tracking their own IR events, keeping abreast of events affecting the supply chain

"Most people don’t realize how much time they could save by using NewsWatch and how valuable it would be to receive alerts as soon as news breaks," said Marty Kaye, COO of Track Data. "You can easily customize the software to search the news by company name or by key words, such as ‘FDA Approval,’ ‘Earnings Surprise,’ or "Dividends." NewsWatch is a valuable tool for people in many industries, which is why we have started offering free trial accounts, to enable users to see for themselves."

NewsWare offers a variety of customizable PC-based news applications. In addition to NewsWatch, NewsWare offers an API that can be used to integrate a consolidated feed into market data systems, trading systems, corporate Intranets, and web sites.

Track Data is a New York-based financial services company that provides direct access brokerage, real-time financial market data, news, and research to institutional and individual investors through dedicated telecommunication lines and the Internet.

For professional investors, Track Data Securities offers proTrack, a direct access trading platform with fully integrated market data. proTrack offers unbiased trade routing, allowing clients control over where their orders are sent. proTrack is also available to broker-dealers as an execution platform.

The Company also owns and operates the Track ECN, an electronic communications network that allows traders to display and match limit orders for stocks. Track ECN offers subscribers a Rebate Model, which offers the highest published rebate in the industry and a Free Model, which offers no access fees to market participants who access its liquidity through Nasdaq's SuperMontage. Because of its no access fee, the Free Model is offered in Nasdaq's first tier with market makers, providing subscribers with fast executions. Track ECN offers subscribers anonymous executions and speed.

For individual investors, Track Data Securities offers myTrack and TrackTrade, both fully integrated, Internet-based online trading and market data systems. Each platform offers direct access online trading, allowing users the choice of where to route their equity and options orders. myTrack and TrackTrade offer continuous, dynamic streams of live market data powered by application-based software and a constant server connection similar to systems used by professionals.

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Rafi Reguer

Vice President, Corporate Communications

Track Data Corporation

718-522-0222

Rafi_Reguer@trackdata.com.