Zealous ATS (ZATS) Continues to Experience Strong User Interest in October

11-1-2007 08:59 AM EST

ZATS Surpasses Over 1,600 Potential Subscribers

NEW YORK, Nov. 1 /PRNewswire-FirstCall/ -- Zealous Trading Group, Inc. (OTC Bulletin Board: ZLST.OB - News; see merger information in "About Zealous Trading Group" below) announced today that user interest in its Zealous ATS or "ZATS" trading platform for restricted and illiquid securities, found at www.zealousats.com, experienced significant growth in the month of October, surpassing 1,600 potential subscribers. This number is an increase from the 1,200 subscriber number that was previously announced on September 21, 2007.

The subscribers come from a diverse group of users including hedge funds, domestic and foreign Broker-Dealers, domestic and foreign public and private issuers, family offices, third party marketers, venture capital and private equity funds, and accredited individuals.

Zealous Trading Group CEO and President Milton "Todd" Ault III stated, "We are very pleased with the continued growth in interest in the ZATS trading platform, and as we move closer to our full product deployment, believe that this will continue. This growth potential serves to validate the need for our products and services. Although there's no guarantee that all 1,600 + subscribers ultimately trade on the system, the response from the investment community has been overwhelming."

About Zealous ATS, LLC

Zealous ATS, LLC (Alternative Trading System) or "ZATS" plans to be a global electronic marketplace used to support and execute trades for buyers and sellers of restricted and illiquid securities.

ZATS, in connection with its technology partner Transfer Online Development, LLC, has been tested and used successfully for over 18 months with a major NYSE financial institution, trading a single stock under Rule 144a. Now, ZATS has been rolled out to a limited number of users, providing them the ability to trade restricted stock and illiquid securities of approximately 400 public and private company securities on a negotiated basis.

The next generation of ZATS, now under development, will offer an integrated electronic platform for the trading of alternative assets globally. The ZATS marketplace will be a global community of trading counterparties. The intention is to provide an infrastructure on which to optimize the investment and trading strategies for participants.

ZATS will combine an open trading platform with an automated documentation, escrow, transfer and settlement support. It brings technology to the cumbersome, fragmented and paper intensive transaction process for the primary offering and secondary trading market for: PIPE offerings (private investment in public equity); warrants; domestic and international private equity offerings; Rule 144a equity securities; restricted stock of public companies; block sales of thinly traded non-NMS registered stock; limited partnership offerings and secondary LP interests; structured equity and debt products including emerging markets, illiquid bonds, loans and equity.

ZATS will bring buyers and sellers together seamlessly and anonymously creating a more liquid, fluid centralized marketplace. Users will include: hedge funds; domestic and foreign Broker-Dealers, registered investment advisors; domestic and foreign issuers; accredited individuals; family offices; mutual funds; attorneys and accountants; corporate insiders; affiliates; minority stakeholders; private equity and venture capital funds; real estate syndicates; and third party marketers.

About Zealous Trading Group, Inc.

On July 16, 2007, Zealous Trading Group, Inc., entered into an Agreement and Plan of Merger with its wholly-owned subsidiary, ASNI II, Inc., a Delaware corporation ("ASNI-II") and Zealous Holdings, Inc., a Delaware corporation ("Zealous"). The Merger Agreement provides that, upon the terms and subject to the conditions set forth in the Merger Agreement, Zealous will merge with and into ASNI-II, with ASNI-II as the surviving corporation of the merger (the "Merger"). As a result of the Merger, Zealous will become a wholly-owned subsidiary, through which our operations will be conducted.

Zealous owns Zealous ATS, LLC, through its subsidiary Zealous Capital Markets, LLC, a Delaware limited liability company and registered Broker- Dealer, Member FINRA/SIPC.

Forward-Looking Statements

This press release contains certain forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words such as Zealous Trading Group (fka Atlantic Syndication Network) plans, expects, should, believes, anticipates or words of similar import. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. Certain of those risks and uncertainties are discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and quarterly reports on Form 10-Q. These forward-looking statements are only made as of the date of this press release and Zealous Trading Group does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.