Spooz Technologies Inc. and SFB Market Systems Inc. to Launch Joint Venture Company

  
    
  
  
    
      Spooz Technologies, Inc., a wholly owned subsidiary of Spooz, Inc. (Pink 
      Sheets:SPZI) and SFB Market Systems, Inc. (SFB) a privately owned 
      corporation are pleased to announce they have entered into a Letter of 
      Intent to launch the Symbol Management Clearing Corporation (SMCC). The 
      goal of SMCC is to incorporate the advanced technologies provided by 
      Spooz into the expansion of SFB’s products and 
      services known as Symbol Manager™ and Symbol 
      Master® for the purpose of regulating 
      global symbology management.
    
    
      SMCC will provide the trading industry with a seamless interface for 
      access into its centralized repository servers, thus increasing 
      efficiency and accuracy within the exchanges and firms. SFB has solved 
      the problem of decentralization with its proprietary products, Symbol 
      Manager™ and Symbol Master®, 
      which currently provide information and services that are held to the 
      highest standards to options exchanges and market participants. The new 
      joint venture plans are to expand current SFB services to the entire 
      trading industry.
    
    
      Spooz and the SMCC will provide brokers, exchanges, and clearing firms 
      with a flexible and robust platform from which to request new symbols 
      for trading products. This will also allow for the creation of synthetic 
      products to which new symbols may be assigned, such as spreads, baskets, 
      and combinations. The new electronic system will replace the antiquated 
      manual processes and is expected to save the exchanges and the industry 
      millions of dollars.
    
    
      “We are excited with the opportunity presented 
      to Spooz by SFB Market Systems and the joint venture plan,” 
      said Paul D. Strickland, the Spooz CEO. “We 
      are confident that SMCC will become the largest and most reliable source 
      for accurate trading information bringing tremendous value to our 
      shareholders and market participants”.
    
    
      “SFB looks forward to working with Spooz and 
      its innovative team to jointly provide the financial industry with the 
      most advanced integrated systems and technology tools for the 
      centralization of symbology management. This will ensure the best and 
      quickest execution possible in trade clearing,” 
      said Lee Clifford, CEO of SFB Market Systems.
    
    
      About Spooz, Inc.
    
    
      Spooz, Inc. is an independent software vendor developing revolutionary 
      trading solutions for active and professional electronic traders. 
      Spooz's suite of technology products provide the most versatile 
      configuration of trading screens, analysis screens and automated trading 
      systems in a fast growth financial marketplace.
    
    
      Spooz is a trading solutions company focused on next generation traders. 
      SpoozToolz™, AlgoServer™, 
      SpoozChartz™, Spooz AutoSpreader™, 
      ToolzKit™ and Spooz CPM™, 
      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 allows any trader to create trading 
      applications that retain flexibility and customizability, are simple to 
      use, and facilitate bringing trader’s ideas 
      to production before opportunity for profit is lost.
    
    
      About SFB Market Systems, Inc.
    
    
      Founded in 1994, SFB has been the industry expert in options symbology 
      for over 14 years and has provided the options exchanges with both 
      technology solutions and data management services. SFB currently manages 
      all option symbology traded in the U.S. through its proprietary software 
      known as Symbol Manager™ and Symbol 
      Master®. Symbol Manager which is used by 
      the options exchanges to manage and generate options series data is 
      integrated with Symbol Master®, also 
      used by the exchanges and market participants as the centralized 
      repository for options symbology and reference data.
    
    
      SFB is dedicated to servicing the financial industry with the management 
      and distribution of the most accurate, reliable and up-to-the-minute 
      symbology information. In addition, SFB works to provide support to the 
      Options Symbology Initiative.
    
    
      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.