Effective October 28, 2008, Avalon Capital Holdings Corp. will change its OTCPK stock ticker symbol to AVLC from AVAL.

Avalon Capital Holdings Corp. and its wholly owned subsidiary, Traders Development LLC, announced that it is rolling out the Avalon FX Pro Matching System. The Avalon FX Pro Matching System utilizes a sophisticated network of algorithms, which automatically manage counterparty risk between trading clients and liquidity providers based on predefined risk tolerance levels. The Avalon FX Pro Matching System is specifically engineered to limit risk by eliminating the potential for human error in managing a firm's counterparty risk. The system works best when interfaced between thousands of retail trading clients and institutional foreign exchange liquidity providers. The Avalon FX Pro Matching System includes a strategy tester that compares the profitability of the Avalon FX Pro Matching System to the profitability of a firms existing Risk Management solution. Banks, brokerages, and other online trading companies may add the Avalon FX Pro Matching System as a secondary service after the initial launch of Avalon FX Pro Trading Platform. Companies that will utilize the Avalon FX Pro Matching System are expected to be able to significantly reduce dealing desk related expenses, and consistently increase firms' dealing profitability as client volume increases utilizing a tested algorithm to capture dealing and spread revenues, and practically eliminate the potential for human error when managing counterparty risk.

Avalon Capital Holdings Corp. announced that Izhcombank has deployed a private labeled version of the Avalon FX Pro 4.1 trading platform. The launch is the result of a license agreement between TD and Capital Investment House Ltd. The system is currently in operation and generating revenues for Avalon. Avalon provides a range of platform liquidity sources including leading dealer and ECN marketplace solutions. JSC Izhcombank clients will trade directly on the Hotspot FX ECN marketplace via Avalon's FX Pro 4.1 Trading Platform. In addition, Avalon will provide comprehensive 24-hour technical support services. Avalon FX Pro Trading software, including front-end, back office, FX Pro USB, and Avalon Forex Academy, is one of the most easy-to-use trading terminals designed for currency exchange operations in the FX spot market. The platform offers clients stability, flexibility, and fast response time.