Spooz Completes SWARM Beta Testing and Reports Results

  
    
  
  
    
      Spooz, Inc. (OTC: SPZI) is excited to announce the end of successful 
      beta testing for SWARM and announce live trading results from Spooz 
      Trading Technologies, Inc., a wholly owned subsidiary of Spooz, Inc.
    
    
      Under development since January 2007, SWARM is a high-frequency, 
      light-touch trading model developed by Spooz employees Jame’ 
      Groves, Erik Long and Dr. Peng He. Executed on Spooz’s 
      signature SpoozToolz™ software, SWARM is a 
      combination of proprietary arbitrage models that exploit local and 
      spatial price discovery. Its unique weighted components allow for “dynamic” 
      co-integration balancing between multiple correlated markets. Because 
      its success is based on the automation of quantitative strategies, SWARM’s 
      trading performance is not dependent on any specific market direction, 
      but rather on precise micro-second calculations to identify 
      opportunities as they arise.
    
    
      “The live trading test resulted in 
      surprisingly good numbers. Although it represented a small number of 
      actual trades, when considered together with simulated trades conducted 
      in June, we believe the results to be statistically significant enough 
      to enter into the production phase,” stated 
      Jame’ Groves, Director of Financial 
      Engineering for Spooz. “It is time to build a 
      proprietary trading division capable of becoming an important profit 
      center for the company.”
    
    
      All trading occurred in a third party account. The beta test period 
      began July 2, 2007 and continued through July 18, 2007. For the beta 
      period, only two spreads in the energy complex were traded. The 
      following unaudited results were generated from account statements:
    
    Trading Days: 12
Number of Trades: 244
Average Trades per Day:  20.3

Number of Winners: 234
Number of Losers: 5
Number of Scratches(a): 5

Winning Percentage: 95.9 %
Losing Percentage: 2.05 %
Scratch Percentage: 2.05%
Average Winning Trade: (b) $30
Average Losing Trade: (b) $16

(a)  A scratch is a trade initiated and offset at the same price.
     Transaction fees apply.

(b)  Based upon one contract; excluding commissions and fees.
    
      “While Spooz does not offer direct public 
      participation in proprietary SWARM trading, it is our goal to teach 
      traders how to utilize SpoozToolz to create sophisticated models based 
      upon modern trading methodologies,” said Paul 
      Strickland, the Spooz CEO. “We believe that 
      SpoozToolz will change the way smaller traders approach the market as 
      they come armed with technology unavailable to them from any other 
      source.”
    
    
      ABOUT SPOOZ
    
    
      Spooz, Inc., a publicly traded company based in Chicago, provides a 
      suite of solutions designed to simplify financial trading for traders 
      and hedgers alike. Its flagship product, SpoozToolz™ 
      and its modules, add built-in trading capabilities to the popular 
      Microsoft® 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. 
      SWARM is an example of trading systems that can be created with 
      SpoozToolz.
    
    
      DISCLAIMER
    
    
      The results disclosed may not be indicative of future results. The 
      Company is not a registered broker/dealer or registered Commodity 
      Trading Advisor and may not sell, offer to sell or offer to buy any 
      security or derivative product. The information provided is not a 
      solicitation or recommendation to buy, sell or hold securities. The 
      material in this release is intended to be strictly informational and 
      the Company disclaims any obligation to provide any updates. It is 
      strongly recommended that any purchase or sale decision on any security 
      be discussed with a Registered Investment Advisor or registered 
      broker-dealer.