FOR FURTHER INFORMATION:

California News Tech Announces Licensing Agreement With PTI Securities & Futures L.P

MediaSentiment(TM) Continues Its Expansion, Partners With High-Caliber Securities Brokerage Firm: PTI Securities & Futures L.P.

SAN FRANCISCO, CA -- (MARKET WIRE) -- 03/02/2006 -- California News Tech (OTC BB: CNTE), a leading technology company, announced today that it has signed a content licensing and distribution agreement with PTI Securities & Futures L.P. (www.PTISecurities.com), a full service securities and futures broker. Under the terms of the agreement, PTI Securities will make California News Tech's MediaSentiment™ technology available through its website. PTISecurities.com will also offer its members subscriptions to MediaSentiment's full range of investment tools.

California News Tech's President and CEO, Mr. Marian Munz, commented, "MediaSentiment's™ set of powerful tools opens up new opportunities for the PTI Securities customers. This is a very unique and powerful combination between the top execution and professional services that PTI Securities offers and the one of a kind investment opportunities that MediaSentiment™ brings to the table."

Sarah McNabb of PTI Securities & Futures L.P., added, "I don't know many investors who have hours to spend reading the latest articles to translate sentiment... or who have the time to spend watching CNBC to find out. To be privy to this information online in real-time is a huge advantage. In lots of scenarios, market movements already occur before the investor can even pick up the newspaper to see what is going on. Our clientele will surely reap the benefits of MediaSentiment's services -- a simplified and concentrated e-product -- attractively 'packaged' -- that will help our investors make intelligent trading decisions on the go."

If you would like to be added to California News Tech's investor email list please contact Zack Noory with Nexus Investor Relations at znoory@nexusir.com

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 PTI Securities & Futures, L.P.

PTI Securities & Futures is a full service securities and futures brokerage firm located in Chicago, IL. Its mission is to provide superior design and execution of strategies using options and relevant financial instruments in tandem with underlying securities to assist clients with their goals. The firm is dedicated to establishing long-term institutional relationships through the use of techniques involving the least amount of risk. More information on PTI Securities and Futures can be found on their website, www.ptisecurities.com

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.