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FOR FURTHER INFORMATION:
MEDIASENTIMENT HEADS UP™ CHANGES INVESTMENT ANALYSIS LANDSCAPE, INTEGRATES WITH METASTOCK™ FROM EQUIS/REUTERS
For the first time ever, new software created by this joint effort combines the power of media sentiment and technical indicators.
California News Tech (OTC BB: CNTE), a leading technology company, today announced that it has completed the first phase of integration between its MediaSentiment Heads Up™ tools and the MetaStock™ Pro platform from Equis, a Reuters company. MetaStock™ from Equis/Reuters is the world's leading investment analysis platform, with over 150,000 customers in over 97 countries. For the first time ever, event-driven media sentiment indicators can now be used in combination with traditional technical indicators, based on price and volume data. Now, traders and investors alike will have access to timely alerts about profit opportunities and a greater range of trading techniques available to them.
After reviewing a MediaSentiment HeadsUp™ generated report detailing the results of combining Heads Up™ data with technical indicators for 400 stock symbols, Henry O. Pruden, Ph.D., Professor of Business and Executive Director, Institute for Technical Market Analysis, Ageno School of Business, Golden Gate University, commented, "Overall, I believe that MediaSentiment Heads Up™ is a unique and advantageous piece of market intelligence. Moreover, in my judgment, when coupled with elementary technical market indicators, such as CCI and Stochastics, the potential for realizing profitable trades using Heads Up™ signals is authentic, significant and reliable."
"I am very excited by the integration of Media Sentiment™ into MetaStock™.
The integration of this with technical analysis is sure to provide unique value and insight to traders of all skill sets," commented Jeffrey Gibby of MetaStock's New Business Development.
"This is a very important milestone," added Marian Munz, California News Tech's President and CEO. "The benefits of this integration are extensive. By combining the power of media sentiment indicators and MetaStock™'s analysis platform, we are taking the field of investment analysis to a new level and opening up a wealth of opportunities for investors in all categories."
Heads Up™ will be available through the MetaStock™ Pro platform as an external function for a $99.95 yearly subscription. The new software accomplishes three functions: historical data allows users to back-test and view the thumbs up and thumbs down indicators on a historical chart; real-time data allows users to be notified visually on a real-time chart, as soon as a media sentiment indicator becomes available during the day; and the Heads Up™ window, which will open as a separate window from MetaStock™ Pro.
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 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. MetaStock™ is the best selling investment analysis software in the world - it's the 12-time winner of Technical Analysis of Stocks and Commodities Magazine™ Reader's Choice Award for best analysis software. 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.
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