Spooz, Inc. Transitions to Growth Stage
February 07 2008 - 2:00PM
Business Wire
Spooz, Inc. (OTC:SPZI), announced the beginning of its transition
from a development stage to a growth stage company. This transition
was marked by generation of revenues in January 2008 relative to
subscriptions for its software products. With the launch of
SpoozChartz and the beginning of SpoozToolz Pro deployment, the
company projects initial customer growth in the financial centers
of Chicago and New York where it will engage in its sales
initiatives to institutional brokers and traders, proprietary
trading organizations, hedge funds and money center banks. �We are
excited about the prospects for rapid growth,� stated Paul
Strickland the Spooz CEO. �Our strategy is to fine-tune the
SpoozToolz Pro product and to launch a retail version of SpoozToolz
during the later stages of the second quarter.� About Spooz, Inc.
Spooz, Inc., a publicly traded company based in Chicago, provides a
suite of solutions designed to streamline electronic trading across
multiple asset classes. SpoozToolz�, SpoozToolz� Pro and
SpoozChartz� and the new Spooz AlgoServer� enable any trader to
quickly and efficiently bridge the gap between concept and
execution. The value of the SpoozToolz platform is that it allows
any broker or trader to quickly and efficiently develop and deploy
trading applications before opportunity for profit is lost. Forward
Looking Statements 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.
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