Brooklyn, New York – August 25, 2003 – Track Data Corporation today announced that its Board of Directors declared its first cash dividend of $.01 per common share payable September 22, 2003 to holders of record on September 8, 2003. The Board expects to consider future dividends semi-annually, based on such factors as the Company’s earnings, financial condition, cash requirements, future prospects and other factors.

Barry Hertz, Chairman and CEO, said, "With the recent changes in Federal tax law that allows for shareholders to retain a greater portion of dividends, after taxes, we believe that payment of this dividend is in the best interest of our shareholders."

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. Track Trade offers the lowest commissions of any retail direct access trading platform: Nasdaq and listed equity trades are 1/2 penny per share, flat rate, with no ECN fees.

The Company's NewsWare division offers NewsWatch, a PC-based application that aggregates news from hundreds of sources for the business professionals who must be the "first to know." Featuring real-time full text filtering and complex queries, NewsWatch allows users to be alerted to breaking news on chosen topics with its real-time alerting function.

For additional information about this release or about Track Data Corporation, please contact Rafi Reguer, Vice President, Corporate Communications, at 718-522-0222 or by e-mail: rafi_reguer@trackdata.com.