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FOR FURTHER INFORMATION:
California News Tech Promotes Eric Conway to Director of Business Development
California News Tech Promotes Eric Conway to Director of Business Development
California News Tech (OTC BB: CNTE), a leading technology company, today announced that Eric Conway, Marketing, has been promoted to the newly created position of Director of Business Development. The appointment is effective immediately. In his new position, Mr. Conway is responsible for all business development initiatives across all of the Company's product lines. He will also oversee and expand the Company's strategic co-marketing program with key partners in the industry. He will report directly to Mr. Marian Munz, Chief Executive Officer of California News Tech.
Mr. Munz commented, "We are anticipating 2006 to be a breakout year and are looking forward to the start of a high-growth period for California News Tech. The Director of Business Development position is a key position in the Company. I feel that Eric's talent and dedication can help to bring the company to the next level. I am very excited to have him as the individual who will oversee a key component of our growth strategy."
Mr. Conway commented, "I am thankful for the opportunity presented to me and am very excited to be an integral part of the strategic team helping to implement an aggressive growth strategy aimed at making California News Tech a market leader. The philosophy and commitment of the Company to achieving this goal matches mine perfectly and I'm looking forward to contributing to the success of the Company."
Mr. Conway joined California News Tech in July, 2005 as part of the Marketing team and has worked aggressively on the co-marketing and strategic partnership programs for the Company. He has also implemented initiatives which have helped to increase revenues. Previously Mr. Conway was with National Able Network, a non-profit recruitment agency, where he helped organize the Company's public relations activities.
Mr. Conway holds a Bachelor of Science degree from University of Vermont in Business Administration with a concentration in Marketing.
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.
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.
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