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) 245-5755 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 but Recommended Retail Price will be
at RM4,990 once the promotion period is over.
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
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