TRACK DATA REPORTS SECOND QUARTER RESULTS

Brooklyn, New York - 14 August 2007

Track Data Corporation today announced results for its second quarter ended June 30, 2007.

Revenues for the second quarter ended June 30, 2007 were $8,186,000 compared to $11,995,000 for the same period in 2006, a decrease of 32%. Net loss for the second quarter of 2007 was $(489,000), or $(.06) per share, compared to net income of $914,000, or $.11 per share, in 2006. The 2006 period includes an after-tax gain of $653,000 from the sale of Innodata and Edgar Online common stock.

The decrease in revenues was principally attributable to the Company’s Track ECN which revenues decreased approximately $2.7 million. Until October, 2006, Track ECN displayed orders submitted by its subscribers on Nasdaq's trading platform and broker-dealers could access this liquidity through Nasdaq. In October 2006, Nasdaq was authorized to operate as an exchange and Track ECN was no longer able to operate its business on Nasdaq’s platform. Track ECN currently displays its quotes on the National Stock Exchange. This change resulted in significantly lower ECN revenues starting in November, 2006. In addition, ECN revenues were reduced by a new regulation that limited the charges for trading of stocks priced under $1.00.

Recently, ECN revenues have been increasing but have not regained levels previously experienced on Nasdaq. Since 2001, the Company has experienced a decline in revenues from its market data services to the Professional Market segment due principally to staffing reductions in the securities industry, the use by customers of internally developed services, or lower priced services that are offered by the Company or other vendors. This trend has continued in 2007, negatively impacting revenues and profits. One customer, with monthly revenues of approximately $90,000, cancelled a customized market data service in March, 2007.

Revenues for the six months ended June 30, 2007 were $17,334,000 compared to $22,519,000 for the same period in 2006, a decrease of 23%. Net loss for the 2007 period was $(656,000), or $(.08) per share, compared to net income of $1,615,000, or $.19 per share, in 2006. The decreased revenues were principally attributable to Track ECN. See discussion above. The 2006 period includes an after-tax gain of $1,066,000 from the sale of Innodata and Edgar online common stock.

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.

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 under a service bureau arrangement 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 the highest published rebate in the industry.

For individual investors, Track Data Securities offers myTrack and myTrackPro, 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.

For all investors, the Company’s NewsWare division offers NewsWatch, a PC-based application that aggregates news from thousands of sources. Featuring real-time full text filtering and complex queries, its real-time alerting functions allow users to choose topics of interest and be among the first to know when news breaks.

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