FOR IMMEDIATE RELEASE

HST ANNOUNCES THE RELEASE OF THE PERAMAL KAYULILIN™

The world's first stock market Forecasting software in Bahasa Malaysia.

October 7, 1999 -- 

New software product delivers vital Charting and Automated technical market analysis information to investors in an easy-to-understand format - all in Bahasa Malaysia

Kuala Lumpur, Malaysia, October 7, 1999: Highest Summit Technologies Sdn Bhd today announces the shipments of Peramal KayuLilin, an automated investment analysis software product that allows users of Windows and Windows 2000, ’98 and ’95 to personally perform detailed technical analysis to identify potential Buy and Sell signals using an advanced intelligent interpretative engine and a vast database of complex price pattern formations. Based on the popular investment technique known as "Japanese Candlesticks" as well as other common forms of Western technical analysis, the Peramal KayuLilin provides relevant "Buy" and "Sell" signals for even the novice investor with little or no knowledge of the workings of the Japanese or Western technique of forecasting.

"The Peramal KayuLilin is the first major product for Highest Summit Technologies Sdn Bhd - an MSC-status company that is helping to shape the investment and financial community within Malaysia by contributing to the success of Malaysia’s Vision 2020 and the "Multimedia Super Corridor" says Gary S. Wagner, director and programmer of HST.

"The Peramal KayuLilin is a highly advanced decision making tool that specializes in the analysis of the world’s financial markets be it Malaysian stocks, stock index or crude palm oil futures, U.S. stocks or futures, Singapore, Hong Kong, China, Indonesia stocks or futures. With the technology found within the Peramal KayuLilin, Malaysian investors will now have available a forecasting tool that will help answer the question as to "When to Enter" and "When to Exit" says Fred Tam, director of Highest Summit as well as popular columnist for Business Times, Nanyang Siang Pau and Berita Harian.

Vital Product Information

The Peramal KayuLilin is designed by Highest Summit Technologies Sdn Bhd with an advanced market analysis engine and price recognition system of more than 50,000 lines of code that allows users to quickly identify complex price patterns (more than 1,200 patterns) within any market’s price activity and filters these patterns through the advanced inference engine to produce an actual "Buy" or "Sell" signal. With its ability to automatically scan the entire KLSE main and second board stocks each day for detailed signals, the product delivers up-to-date competitive intelligent market analysis reports to professional investors.

 

Users are able to access historical price charts, Western technical indicators, Japanese Candlestick price pattern formations and 7 other unique trading systems which can assist both long-term and short-term investors.

 

Especially worth noting is the momentum technique in investing called TC/BR, or Trending Candle/Body Reversal, which is a proprietary technique found within the Peramal KayuLilin. Historical profitability testing has shown that the TC/BR technique produces consistent Buy and Sell signals, especially in the fast moving stock-index and commodity futures markets as well as KLSE stocks during trending phases.

 

Peramal KayuLilin also produces detailed back-testing of its trading signals, detailed profit-testing, color or black and white printing of charts, suggested stop placement levels and suggested trailing stop levels, on-screen visual signal indicators, customized charting features and the "Traders Log" for investors to keep comments or remarks about the markets they trade.

 

Through the foresight of the developers, the Peramal KayuLilin is compatible with many different types of historical database files allowing the users to quickly and easily use this tool with the existing chart data that they currently have.

 

The analysis technology on which the Peramal KayuLilin is based surpasses other investment software technologies by allowing users to instantly see the results of computer analysis of the markets without having to program the software or train the software on how the users wish to invest.

 

The Peramal KayuLilin has been designed to clearly find ideal investment opportunities throughout the world. It works not only on stocks but stock index futures and commodities futures as well. Not only on Malaysian markets but on U.S, Japan, Hong Kong, China, Indonesia, Singapore and any markets on this globe.

 

This product has been designed to track and invest in any of the world’s financial instruments without having to research on the underlying fundamentals of the instrument as charting principles assume that all fundamentals are already reflected in price. Analysis of price (and volume) is all that is required to determine market direction.

Pricing and Availability

The Peramal KayuLilin™ is currently available through Highest Summit Technologies Sdn Bhd in Kuala Lumpur, Malaysia. Retailers can contact Highest Summit Technologies Sdn Bhd at 603-245-5877 or Fax (603) 2145-5755 or through its website www.highestsummit.com.my. Highest Summit Technologies is currently looking for dealers and agents to distribute the product. Promotion Price is at RM2,500 only.


For More Information Contact:

Highest Summit Technologies Sdn Bhd

167-A Jalan Maharajalela, 50150 Kuala Lumpur.

Tel: 03-245 5877

 

 

 

 

 

  Related Links:
MDEX > KLSE > AWSJ > S'PORE BT > THE FINANCIAL TIMES > SCMP > THE EDGE > NST > THE STAR > FUTURESOURCE

 

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Last modified: February 2, 2004