Stocksystem.com Inc. Position Cost Averaging Software Program Disclaimer
Effective date: Jan 1, 2001

The information contained in these pages and in the PCA software program is for informational purposes only. By using this program or visiting the websites, you agree to indemnify Stocksystem.com Inc. and any partners or affiliates from any liability, real or imagined. There is no implied or direct "advice" for any individual's situation, as that would require specific knowledge and understanding of the individual's situation that we neither request nor notice.

Stock trading involves significant risk. The user of the PCA program understands that the user is assuming full responsibility for any trades. Stocksystem.com Inc. is not representing itself as a registered investment advisor or broker dealer. All decisions to act upon a stock, whether to buy or sell, is the sole responsibility of the user.

Stocksystem.com Inc. does not guarantee or represent that buying or selling of stocks entered in the program will result in a profit for the user at any point in time. Stocksystem.com Inc. is not offering any professional services whatsoever and it is recommended that users contact a professional advisor, of their choice, prior to undertaking trading stocks.

The information services provided by Stocksystem.com Inc. are believed to be reliable and/or of professional quality. However, no warranty, implied or otherwise, is extended by Stocksystem.com Inc. to the accuracy and/or quality of the materials delivered by the website. Under no circumstances will Stocksystem.com or any affiliates or subsidiaries be liable for losses resulting directly or indirectly from the use or inability to use the PCA software or other services. The user, by using the Stocksystem.com Inc. products or services, acknowledges this disclaimer and explicitly releases Stocksystem.com Inc. from any and all liability that may arise from content inaccuracy or omission whether intentional, or through negligence, or otherwise.

All material contained in the website and software are properties of Stocksystem.com Inc. and may not be reproduced or retransmitted, in whole or in parts, in any form without the expressed written consent of Stocksystem.com Inc. All documents, graphical objects, presentation designs, and programming codes are intellectual properties of Stocksystem.com Inc. and are protected under U.S. laws. Infringement of these rights will result in both criminal and civil prosecution to the maximal extent allowed by law.

Quotes and historical data provided to Stocksystem.com Inc. are from third party sources and are believed to be reliable, however we cannot guarantee that they will always be available or accurate. Stocksystem.com Inc. takes no responsibility for the accuracy of the quotes retrieved, and you should always consult your brokers prices before trading. We will assume no liability for inaccurate quotes or price data.

PCA, Position Cost Averaging, the PCA logo, PCA software and their respective logos, as well are trademarks of Stocksystem.com Inc., Inc. All other trademarks are the property of their respective owners. The Stocksystem.com Inc. websites are protected by copyright law and all rights are reserved.

Stocksystem.com Inc. is in no way offering investment or trading advice and the actual investment choices and trades are the sole responsibility of the user and may produce a gain or loss of investment capital for that user. The user assumes all responsibility for his or her actual trades and will not hold Stocksystem.com Inc. liable for any investing loss. The user understands that the PCA System issues hypothetical advice, and the user is solely responsible for any of his or her investments.

Purchasing the PCA System entitles the user to a single user license. The user agrees only to copy the software for his or her personal use and will not resell any part of the software or manuals, or distribute copies to non-licensed users. The software and advice generated may not be used for commercial purposes, or incorporated into any product or service. Stocksystem.com Inc. does not recommend individual stocks or mutual funds and cannot be held liable for any investment losses resulting from the purchase or sale of any securities by the user. Trade at your own risk!

SIMULATION RESULTS ARE FOR INFORMATIONAL PURPOSES ONLY AND ACTUAL RESULTS MAY DIFFER. PERFORMANCE RESULTS SHOWN REPRESENT SIMULATED COMPUTER RESULTS OVER PAST HISTORICAL DATA, AND ARE NOT THE RESULTS OF AN ACTUAL INVESTMENT ACCOUNT. BACK-TESTED, HYPOTHETICAL, OR SIMULATED PERFORMANCE RESULTS HAVE LIMITATIONS AND UNLIKE AN ACTUAL PERFORMANCE RECORD, THEY DO NOT REPRESENT ACTUAL TRADING. SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT OF CERTAIN FACTORS, SUCH AS LACK OF LIQUIDITY OR TRADING COMMISSIONS OR OTHER FACTORS. NO REPRESENTATION IS BEING MADE THAT ANY TRADING ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. CURRENT PERFORMANCE MAY BE DIFFERENT THAN PERFORMANCE STATED. SIMULATIONS AND BACK-TESTS RELY ON DATA PROVIDED BY THIRD-PARTY SOURCES AND MAY OR MAY NOT BE ACCURATE. STOCKSYSTEM.COM MAKES EVERY ATTEMPT TO PRESENT FACTUAL REPRESENTATIONS BUT IS NOT RESPONSIBLE FOR ERRORS, OMMISSIONS, OR INACCURATE DATA. SIMULATION RESULTS MAY OR MAY NOT BE AFFECTED BY CALCULATION SETTINGS AND ADJUSTMENTS IN THE PARAMETERS OF THE SOFTWARE ITSELF.