NEW YORK, NY — October 25, 2002 — Track Data Corporation (NASDAQ NMS: TRAC) today announced that it is deferring its proposed one for six reverse stock split. The Company proposed this split in September because the Company did not satisfy the $1 minimum bid price requirement for continued listing on the NASDAQ National Market. The split was to become effective at the close of business on October 31, 2002. In view of a recent statement by a representative of NASDAQ that it is considering proposals to change the $1 bid price listing requirement, the Company will defer the split until it appears that the split will be necessary to permit the continued listing of the Company's shares.

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. The Company also owns and operates the Track ECN, an electronic communication network that allows traders to display and match limit orders for stocks.