Spooz, Inc. Transitions to Growth Stage

  
    
  
  
    
      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.