Spooz Inc. Restructures Business Plan to Expand to Overseas Markets
July 14 2008 - 7:31AM
Business Wire
Spooz Inc. (PINK SHEETS: SPZI) is pleased to announce that the
Company is restructuring its business plan to promote its software
and trading technology in both the U.S. and European markets.
Following this transformation, Spooz, Inc. will market its
revolutionary trading solutions to active and professional traders
in North America through its wholly owned subsidiary Spooz
Technologies, Inc., and in Europe through its wholly owned
subsidiary, Spooz Europe Ltd. Spooz, Inc. will continue to operate
its two U.S. subsidiaries: Spooz Technologies Inc. and Spooz
Trading Technologies. Spooz Technologies Inc. has developed
innovative trading software products that provide the most
versatile configuration of trading screens, analysis screens and
automated trading systems for the fast growth financial
marketplace. Spooz Europe Ltd. was formed when Spooz acquired all
the capital stock of Unwin Technology Ltd., a consulting design and
development firm, in March of this year. This firm gives Spooz a
London-based platform upon which to introduce its products into the
European market. Spooz Technologies Inc., a Nevada corporation,
holds all of the intellectual property related to SpoozToolz. �Our
goal is to position the Company in a manner that will make us an
attractive investment for both our business partners and
shareholders,� stated Paul D. Strickland Jr., CEO of Spooz Inc. �In
the near future, we anticipate offering Spooz, Inc shareholders
stock dividends in each of our subsidiary companies in order to
increase the value of their shares.� About Spooz Inc. Spooz is a
Trading Solutions Company focused on next generation traders.
SpoozToolz�, SpoozToolz� Pro and SpoozChartz�, the Company's
flagship products, enable any trader to quickly and efficiently
bridge the gap between concept and execution. The value of the
SpoozToolz platform is that it enables any trader to create trading
applications, including algorithmic black-box systems, that retain
flexibility and customizability, are simple to use, and that
facilitate bringing the traders ideas to production 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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