FOR FURTHER INFORMATION:

California News Tech Announces Partnership Agreement With Reuters Equis International, Inc.

Marketing and Distribution Agreements With Reuters Equis Designed to Bring Consumers the Most Advanced Technology for Analyzing Market Sentiment Through California News Tech's MediaSentiment(TM) Tools

SAN FRANCISCO, CA -- (MARKET WIRE) -- 01/05/2006 -- California News Tech (OTC BB: CNTE), a leading technology company, today announced that it has signed a distribution as well as a marketing agreement with Equis International, Inc., a Reuters wholly owned subsidiary. Under the terms of the distribution agreement, California News Tech and Equis will collaborate to make California News Tech's MediaSentiment™ tools compatible with Equis' MetaStock technical analysis tools.

"We are very excited to see the integration of technical analysis and media sentiment," remarked Jeffrey P. Gibby of MetaStock. He added, "We believe this will help give investors an invaluable tool in their arsenal for the identification of better entry and exit signals. We look forward to seeing the results of our collaborative efforts in the near future."

Also under the distribution agreement, California News Tech and Equis will make MediaSentiment™ and MetaStock products available through each company's respective distribution channels. Reuters Equis currently has over 150,000 retail clients in 97 countries.

Marian Munz, Chief Executive Officer of California News Tech, commented, "This partnership with Reuters Equis is a pivotal step for both companies and opens new opportunities for both MediaSentiment™ and MetaStock to deliver a very powerful and unique customer experience."

Under the terms of the separate marketing agreement between California News Tech and Reuters Equis, the companies will promote the MediaSentiment™ and MetaStock product lines through each other's marketing channels.

About California News Tech

California News Tech's MediaSentiment™ offers a range of services, available at www.mediasentiment.com, which focus on helping online investors make faster and better investment decisions. Serving traders who are interested in fast, reliable investment tools, MediaSentiment™ offers timely and accurate information to help take advantage of market opportunities. MediaSentiment™ consists of a number of indices that measure NYSE and Nasdaq companies' earnings reports and news media coverage as positive, negative or neutral. In particular, MediaSentiment Heads Up™ creates thumbs up / thumbs down recommendations for stocks almost instantly based on the sentiment behind their earnings reports. MediaSentiment's exclusive technology provides users with up-to-the-minute information, vital to investing, and provides a significant edge on other investors on predicting market movements. The speed and comprehensiveness of MediaSentiment Heads Up™ recommendations often best leading financial news sources, giving MediaSentiment™ subscribers a competitive edge up on other traders and allowing them more profitable trading opportunities. For additional information on California News Tech, please visit www.mediasentiment.com.

About Equis International, Inc.

Equis International is a wholly owned subsidiary of Reuters -- the world's premier global information company, which provides information tailored for professionals in the financial services, media and corporate markets. Founded in 1982, Equis develops and markets the award-winning MetaStock range of products, which are the premier brand in the charting and technical analysis arena. The MetaStock product suite targeted toward the individual investor includes both real-time and end of day variants of the software along with data subscriptions, plug-ins and third party products. Equis also provides graphics and technical analysis components to the Reuters product line, which serves professional traders in the world's largest financial institutions.

Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, uncertainties in product demand, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.