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California News Tech Signs Content Licensing Agreement With Thinkorswim
SAN FRANCISCO, CA --
(MARKET WIRE)
-- 10/26/2005 -- California News Tech (OTC BB: CNTE)
announced today that it has entered into a licensing agreement with
thinkorswim, Inc. Thinkorswim will offer California News Tech's
MediaSentiment™ product to their individual and institutional customers.
Tom Sosnoff, CEO of thinkorswim, Inc., the industry's leading
online 'boutique' brokerage, comments, "Every once in a while we discover
some innovative and really useful market-ready content. Adding
the MediaSentiment product to our already
feature-rich trading platform will be a nice holiday treat for
all thinkorswim clients."
California News Tech's President and CEO adds, "We are very happy to start
this business relationship with Thinkorswim, a company committed to
providing their customers the latest and most innovative technologies to
help to expedite and improve the investment decision process."
MediaSentiment™, available at www.mediasentiment.com, includes a range
of indices, recommendations and analysis to help investors keep abreast of
the sentiment behind the news that moves their investments. HeadsUp™,
available on the website, uses unprecedented artificial intelligence
technology to aggregate information from earnings reports and to predict
investor sentiment regarding financial news. Then, within seconds after the
news release, it provides thumbs up or thumbs down recommendations to
subscribers regarding individual stocks. Along with HeadsUp™,
MediaSentiment™ also offers another web-based service, MediaSentiment
Trend Indices, which track a wide range of media sources to create graphic
overview of sentiment in the news about NYSE and Nasdaq companies from day
to day. Also, MediaSentiment™ produces an online newsletter, E-motions,
which uses HeadsUp™ predictions and financial psychology to offer weekly
market analysis from a fresh perspective.
Thinkorswim, Inc. is a privately held company founded in 1999, located at
ground-zero of derivatives trading, Chicago, IL, and encompasses retail
stock, option and futures brokerage, institutional and high-net worth asset
management, RED Option Advisory, and Liquid professional trading platform.
Contact:
California News Tech:
Marian Munz
877-370-7401
www.MediaSentiment.com
Email Contact
SOURCE: California News Tech
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