Well, it’s official. TradeWarrior 1.0 is ready for use in a live production setting. We’ve been beta/RC testing since early 2010, and we have had some great help in getting version 1.0 hardened and ready for life in the field. Thanks again to all of those that helped us test our software!  Here is our official press release.

Layton, UT (July 28, 2010) Nine Mile Software, Inc., a financial services software company, today announced the release of TradeWarrior Small Business version 1.0.

TradeWarrior is a portfolio rebalancing and trading tool designed specifically for the growing Registered Investment Advisory (RIA) marketplace.  It greatly reduces the time it takes an RIA firm to trade and rebalance their book of business.

Damon Deru, CEO of Nine Mile Software, Inc. stated, “We are excited to release TradeWarrior into the market today.  This culminates over two and a half years of commercial development on the software.  TradeWarrior offers a new level of functionality and affordability for advisors.”

“TradeWarrior has been developed, refined, and used successfully by advisors and back-office traders to quickly rebalance client accounts in a rules-based manner,” said Ryan Sullivan, CTO of Nine Mile Software.  “TradeWarrior’s low cost, intuitive user interface and stellar performance will help bring a new level of ROI to the rebalancing software market.”

Some of the Key Features of TradeWarrior include:

• Ability to run the program on your desktop or an Internet browser.
• Household (multi-account) based rebalancing.
• Easily manage client cash withholdings and distributions.
• Supports all major custodians, namely, Charles Schwab, Fidelity, TD Ameritrade and Pershing.
• Includes multiple Model types such as Security Specific, Asset Class, and Model of Model target allocations.
• Dynamic account filtering and grouping.
• Built-in “Errors and Alerts” system warns of potential problems.
• Software rebalances thousands of accounts in minutes.

“I’d like to personally thank all the stakeholders who have believed in us from the beginning,” said Damon Deru, CEO.  “I’d also like to thank our users and beta testers who have provided invaluable feedback and direction on the program.  Lastly, I’d like to thank the employees of Nine Mile Software who have put in a lot of hard work and long hours to make this happen.”

If you are an advisor and would like to schedule a half hour demo of TradeWarrior, please call (888) 660-6568 ext 1.

About Nine Mile Software Inc.

Nine Mile Software was founded by former investment advisors and provides a practical real world approach to solving the rebalancing and trading needs that advisors face. TradeWarrior Small Business is the first commercially released software from Nine Mile Software.  You can learn more about the company on its website at www.ninemilesoftware.com.

“SAFE HARBOR”

This press release contains forward-looking statements. The words “estimate,” “possible” and “seeking” and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

Management Contact:
Nine Mile Software, Inc
Damon Deru, CEO
888-660-6568 x201