The NeuroShell Trader, Ward Systems Group CEO Steve Ward, and two of our prominent customers were featured in the October 21, 2002 issue of Mutual Fund Market News. The article, "AI:Combating Wall Streets Evil Twins of Greed and Fear", was written by Matthew De Paula of Bank Technology News. Shashi Mehrotra, CIO of the Legend Group in Palm Beach, was interviewed about how he was able to beat the stock indexes this year with the artificial intelligence in NeuroShell. "The two biggest problems, in my opinion, in investing are the twin emotions of greed and fear," states Mehrotra. "And those two emotions are not part of AI."

NeuroShell user Marc Chaikin was also interviewed about his use of neural nets: "The technology's full potential is largely untapped," he said.

Ward Systems Group CEO Steve Ward described the use of genetic algorithms in market prediction and timing in the article.

Finally, Doug Case, president of Advanced Investment Technology (AIT) in Clearwater, Florida, explained how they began using the technology in 1996. (Note - Ward Systems built AIT's neural net system, a major factor in AIT being acquired by State Street Global Advisors of Boston.)