Global Capital Partners Online Trading Division, Sutton Online, to Debut Prototype of Its GlobalDAT (TM) Trading System at the International Online Trading Expo to Be Held in New York City on February 17th-20th

CHARLOTTE, N.C., Feb. 16 /PRNewswire/ -- Global Capital Partners Inc. (Nasdaq: GCAP), a holding company for a highly diversified, investment banking and securities network, announced today its online trading division, Sutton Online, will be debuting its proprietary global direct access trading system, GlobalDAT (TM), at the International Online Trading Expo in New York on February 17-20th, at the Marriott Marquis, booth number 201. GlobalDAT (TM) is a unique proprietary technology that when fully implemented will connect major European and American Stock Exchanges and ECN's through one user interface for share dealing. Each user will have the ability to view price quotes (Level I and II), route orders via Market Makers and direct connections to ECN's and Exchanges, view order status, P&L, cash-flow, coupled with dynamic charting and account management ALL IN REAL-TIME, while providing the user a Front-End environment written in his/her native language. GlobalDAT (TM) has utilized technology from Sun Microsystems, Oracle, Cisco, Hyperfeed, AT&T and Nextra to ensure super-fast quote delivery and order execution. By working with various settlement firms, GlobalDAT (TM) will provide complete portfolio management on each exchange, including currency conversion and settlement delivery. Sutton Online believes that a final product may be available for use by its clients as early as the second quarter of this year. To date, the development of the software has been financed by its parent company, Global Capital Partners. Sutton Online is presently in the process of completing a second stage financing from third party strategic partners, although no details were announced. Global Capital Partners also owns Global Capital Securities Corporation, a full-service investment banking and brokerage firm, with 17 offices nationally; and a minority interest in MoneyZone.com (OTC: MNZN), a capital- formation Internet portal that matches investors with entrepreneurs. For additional information, please visit http://www.suttononline.com, http://www.moneyzone.com and http://www.gcapitalpartners.com. Certain information contained in this press release includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and is subject to certain risks and uncertainties, including but not limited to the effect of political, technological, economic and market conditions both domestically and in Europe and those referred to in the discussion of the risks and uncertainties set forth in the Global Capital Partners Inc. (formerly Eastbrokers International) Annual Report on Form 10- KSB-A for the fiscal year ended March 31, 2000, and in the Company's other reports filed pursuant to the Securities Exchange Act of 1934. Financial projections are management estimates and are subject to revision based on final audited financial statements. Readers are cautioned not to place undue reliance on these forward looking statements, which are made as of the date hereof and the Company undertakes no obligation to release any revisions to the forward looking statements to reflect events or circumstances after the date hereof or to reflect unanticipated events or developments.