Exhibit 1.        Press Release



BELZBERG REPORTS THIRD-QUARTER REVENUE GROWTH OF 116% Returns to profitability
with positive cash operating income

Toronto, Canada (November 14, 2001) - Belzberg Technologies Inc. (TSE:BLZ) today
announced results for its quarter ended September 30, 2001, reporting revenues
of $6.33 million compared to $2.94 million for the same period a year ago.
Excluding one-time events, Belzberg generated $15,000 in cash operating income,
marking its return to generating cash from operations. Belzberg reported a loss
for the quarter of $1.5 million, or $0.14 per share, including one-time expenses
of $662,000 associated with closing down its eContracts operation.

Despite losing approximately $264,000 during the four day market shutdown after
the September 11th terrorist attacks, and the seasonal slowdown in trading
volumes, Belzberg's revenues were almost flat with the second quarter, down just
$112,000. The company's transition towards a transaction-based revenue model
from monthly subscription fees continued successfully, with transaction-based
fees totaling $3.8 million, or 60% of total revenues, up from 36% a year ago,
and up from 47% in the June quarter.

Belzberg continued to progress on its path to profitability. Despite the slight
decline in revenue from the previous quarter, cash operating income increased
from a loss of $70,000 to a gain of $15,000 for the quarter, excluding a
$412,000 addition to the provision for losses in the quarter.

"Our ability to maintain basically flat revenues from the prior quarter, despite
the lost trading days and the normal summer slowdown in trading, displays the
resiliency of our revenue model and points to continuing growth in the coming
quarters," said CEO Sid Belzberg. "In addition, we have identified a number of
different areas where we can cut costs and therefore build profitability and
enjoy a solid cash position of $7.0 million."

Belzberg continued to build shareholder value through a number of initiatives
during the quarter:

o        It announced the completion of its new high-speed connection to the
         NYSE's Common Access Platform (CAP), making it one of only two vendors
         to provide access through this link and continuing to build on its
         position as a leading provider of electronic trading access to the
         NYSE.

o        Jim Marks joined the company as its new President. Mr. Marks brings a
         wealth of industry knowledge and contacts to Belzberg in addition to
         entrepreneurial management experience and has been working to narrow
         Belzberg's strategic focus and improve the company's organizational
         infrastructure.

o        It hired Jim Kane as VP of sales. Mr. Kane joins the company from his
         position as a Director at Credit Suisse First Boston and will be
         building a dedicated incentive-based sales organization to help fuel
         continued revenue growth.

o        It narrowed its focus on its core business by closing down eContracts,
         a subsidiary that provided online government purchasing.



"Our products have proven their worth in the marketplace," said President Jim
Marks. "We are now putting in place the infrastructure to support continued
rapid growth and the sales organization which will drive that growth. At the
same time, we are going to take the identifiable steps necessary to maintain and
increase profitability."

Guidance for the Fourth Quarter
The company now believes that it will generate revenues of $7.0 million to $7.2
million in the fourth quarter absent any significant change in market conditions
and that operating profitability should be close to break even.

About Belzberg Technologies Inc.
Belzberg Technologies creates the software and networks to enable seamless
electronic order routing and execution of trades to stock and options markets in
the United States, Canada, and Europe. The firm's client base includes 110
leading U.S. and international brokerage houses and financial institutions, and
it processes daily average volume of more than 40 million shares.

Except for historical information contained herein, the matters discussed in
this press release are forward-looking statements that involve risks and
uncertainties, including but not limited to economic, competitive, governmental
and technological factors affecting the Company's operations, markets, products
and prices and other factors.

Investor and Media Contact
Jim Marks, President
(610) 862 1163