Spooz, Inc. (OTC: SPZI) announced today the launch of SpoozCTS(TM), a lightning fast, fully featured order entry, trade execution, and position and order lifecycle management platform. With a single click of a customer's mouse a trader can execute a multiplicity of order types via the new "T4" market engine. SpoozCTS(TM) provides unparalleled functionality and ease of use for professional derivatives traders as well as retail futures speculators. Paul Strickland, CEO and founder of Spooz, Inc., stated that the significance of SpoozCTS is that it demonstrates the back-end execution technology for SpoozToolz, which is scheduled to be launched in January 2006. "When SpoozCTS(TM) and SpoozToolz(TM) are combined, Spooz will have the most powerful, flexible and easy to use platform ever developed for its marketplace." "The first block of Spooz's technology infrastructure and multi-faceted revenue model is in place," Strickland added, "The launch of SpoozCTS(TM) marks the beginning of the transition from Spooz being in the developmental stage to a revenue producing, growth stage Company." Spooz's revenue model identifies a multiplicity of revenue streams including transactions from trade execution, subscriptions for trading decision support tools, subscriptions for industry specific hedging templates, and subscriptions for algorithmic (automated) trading systems. A trial version of SpoozCTS(TM) is available at www.spoozcts.com. About Spooz, Inc. Spooz, Inc., a publicly traded company based in Chicago, provides a suite of solutions designed to simplify financial trading for traders and hedgers alike. SpoozCTS(TM), SpoozToolz(TM) and its modules, the Company's flagship products, add built-in trading capabilities to the popular Microsoft(R) (NASDAQ: MSFT) Excel software application, combining a customizable interface, streaming quotes, charts, technical analysis, a comprehensive historical database, and electronic trade execution into a simple add-in that becomes part of the Excel tool bar. This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of Forward-Looking Statements: This news release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements.
Spooz (PK) (USOTC:SPZI)
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