SPOOZ Inc (SPZI)

[Renavatio]

Darryl's response to the same questions:

"Mike,

SpoozToolz is connected to the TT exchange gateway for receiving exchange data (price feed). Orders entered via SpoozToolz are sent via the gateway to the TT server at the brokers back office. TT has set this relationship up with over 110 brokerage firms, it is simple and fast. >From the SpoozToolz perspective the customer can simply install SpoozToolz and log on with his brokerage account info (must be one of the 110 brokers) and be connected to his brokers back office for older entry and reporting. You should note that this is not using the TT MD Trader front end for order entry just the X_Trader fix adapter gateway for brokerage connectivity. TT charges the broker/FCM a fee of 5 cents per side for use of the gateway, Some brokers pass though the charge others simply absorb it. A list of the compatible brokers can be found at http://www.tradingtechnologies.com/ under TT Distributors. The relationship your friend is concerned about already exists and brokers do not view MD Trader, SpoozToolz, Strategy Runner, Profit X or Ninja Trader (front ends using the TT Gateway) as competitors but value added trading solutions providing them with additional transaction revenue.

SpoozToolz has also developed two add on modules of functionality for order entry that are unique and far advanced of TT’s MD trader. See the attached word doc. The Custom Pricing Module will be available for $200 per month and the Custom Auto Spreader for $400 per month, much less than the $1200 TT front end and far more functional for Depth of Market trading. Currently we are able to offer these in an always centered format that does not encroach on the TT patents for MD Trader. Additionally, we have developed highly advanced DOM trading decks that utilize features that come under the TT patents. We have a method by which we can offer these to the public under a patent license agreement with TT, however these patents may be overturned in the courts later this month. We are waiting to see which way to go on products using TT features.

Thank you,

Darryl Dennis