SPOOZ Inc (SPZI)

[DaysOnTheBeach]

PR: Spooz, Inc. Launches AlgoServer

http://biz.yahoo.com/pz/080208/135955.html

Spooz, Inc. Launches AlgoServer

Friday February 8, 6:00 am ET

CHICAGO, Feb. 8, 2008 (PRIME NEWSWIRE) -- Spooz, Inc. (Pink Sheets:SPZI), announced today that it has deployed AlgoServer(tm), the new Spooz enterprise product that provides Brokers and Institutions new competitive advantages in the market place. The AlgoServer renders SpoozToolz remarkably extensible and provides brokers with the ability to serve customers in a new way. Hosting AlgoServer provides brokers and trading Institutions ``edge'' by enabling them to rapidly deploy automated trading strategies and algorithms to buy-side customers and internal desks.

``AlgoServer means Brokers can empower customers as never before,'' said Paul Strickland the Spooz CEO. ``Traders can easily migrate and adapt open source spreadsheet templates to a variety of other markets and asset classes without a programmer. The ability of the Broker to deploy templates will contribute to the growth and activity of the Broker's customer community by differentiating the new services provided to trading customers.''

AlgoServer also incorporates smart order routing. For example, AlgoServer would route orders to achieve the best ``fill'' price for those securities trading at more than one exchange or venue. Internal crossing of orders by Brokers and Institutions is also supported by AlgoServer.

AlgoServer has already been deployed to selected brokers and 3rd party developers providing them with all the speed and reliability of a conventionally programmed language (including C++ and Linux) thereby fueling growth in new markets for SpoozToolz add-ons and algorithmic trading systems.

AlgoServer is an enterprise level product available through the Spooz Sales Department in Chicago at 312-379-3166.