California News Tech CEO to Discuss Up and Coming MediaSentiment(TM) Products With the Wall Street Reporter

SAN FRANCISCO, CA -- (MARKET WIRE) -- 08/31/2005 -- California News Tech (OTC BB: CNTE)announced today that the company's MediaSentiment™ services will be featured in Wall Street Reporter in an interview with California News Tech CEO and President Mr. Marian Munz. The company's website, www.MediaSentiment.com, offers the world's first index of the public sentiment behind the stock market, revolutionizing the way investors trade on the news. MediaSentiment consists of a number of indices that measure NYSE and Nasdaq companies' earnings reports and news media coverage as positive, negative or neutral. MediaSentiment's exclusive technology provides users with up-to-the-minute information, vital to investing, and, in terms of predicting market movement, it gives them a significant edge up on other investors.

The accuracy of MediaSentiment Heads Up™ recommendations, based on the sentiment behind quarterly earnings reports, at predicting subsequent day stock highs and lows and trading volume, has been very high so far. Receiving a forecast hours in advance of the rest of Wall Street about a stock's performance gives users an edge. Such an advantage will allow them to make more informed and timely investment decisions while trading on stories at the top of the news. Additionally, receiving almost-instant analysis, based on un-matched computer algorithms, of quarterly reports will let investors get ahead of their peers in pre and after market trading during earnings seasons. Its speed, accessibility and accuracy makes MediaSentiment™ something unmatched by traditional research firms. Gaining increasing interest with affiliate companies, investors and subscribers to its services and weekly newsletter with fresh financial perspectives, California News Tech is a company to watch.

Learn more at www.mediasentiment.com/demo, or listen to the interview with Mr. Munz, which will be available for a week, starting Wednesday at www.wallstreetreporter.com/profiles/ in an audio format. The interview will also be available in a printed format in the next edition of Wall Street Reporter Magazine.

About Wall Street Reporter:

The Wall Street Reporter is published in three formats: print monthly magazine, online at http://www.wallstreetreporter.com, and an institutional weekly magazine delivered via the web. More than 80,000 portfolio managers, analysts, venture capitalists, and other decision makers (not to mention 3,500 financial editors, reporters, and TV producers) read their publications. The website receives 4.5 million hits per month.

Contacts:
Marian Munz
California News Tech
877-370-7401
Email Contact