SPOOZ Inc (SPZI)

[Birdito]

Nooz!

CHICAGO, May 14, 2008 (BUSINESS WIRE) -- Spooz, Inc. (OTC: SPZI) announces the
release of powerful new strategy control features for SpoozToolz that empower
brokers and traders to run, monitor and manage multiple automated trading
strategies simultaneously:

-- Rapid development, deployment and production of algorithmic trading
strategies;

-- Connectivity to exchanges, brokers, data, and third party applications; and,

-- Control of multiple strategies and their associated risk and profit targets.

SpoozToolz utilizes Microsoft(R) Excel(R) as the Graphical User Interface (GUI)
because it is the global standard for financial analysis and trading decision
support. There are 440 million installations of Excel globally and it is
supported in more than 50 languages. SpoozToolz adds toolbar functions to Excel
that enable the trader to quickly and easily create quote and click oriented
trading screens, algorithmic and "black-box" systems. SpoozToolz enables the
trader to bring concept to production in hours instead of weeks or months.
Add-on modules provide specialized functionality in the form of SpoozChartz(TM),
Spooz AutoSpreader(TM), and Spooz CPM(TM) (Custom Pricing Module).

Connectivity to market data and execution through broker are accomplished via
the ToolzKit(TM). The ToolzKit renders the SpoozToolz middleware highly
extensible by enabling the trader with the ability to create adapters to connect
to an Excel enabled execution, order and position management. A test application
GUI is included to aid the trader in connecting applications to SpoozToolz or
connecting SpoozToolz to a wide selection of vendor price feeds, broker feeds or
execution gateways. C# scripting capability is available in the ToolzKit for low
latency strategies and systems. AlgoServer(TM) will eventually provide the
trader with the ability to co-locate low latency solutions closer to exchanges
for low- latency execution.

The Control Dashboard addition rounds out the platform's robust functionality by
giving the trader the ability to rapidly deploy strategies and manage multiple
automated trading strategies simultaneously. Although Strategies may be
developed in Excel, the low latency execution of orders is performed in the
SpoozToolz C# middleware. The Control Dashboard displays activity, position,
fills, and status of each running strategy as well as customizable risk and
profit algorithms.

Due to the virtually unlimited flexibility of SpoozToolz the market scope is
tremendous. Any exchange listed financial instrument can be traded; including
stocks, futures, options, ETFs, Forex, cross asset class spreads, and uniquely
customizable, and tradable synthetic instruments.

With the addition of the Control Dashboard, SpoozToolz befits hedge funds,
brokerages, proprietary trading firms, as well as the independent trader because
it empowers buy and sell side market participants to create and trade custom
synthetic instruments. SpoozToolz is currently being deployed to brokers and
proprietary trading firms in the Chicago area. Distribution to independent
traders will begin later this year.

About Spooz, Inc.

Spooz, Inc. is an independent software vendor developing revolutionary trading
solutions for active and professional electronic traders. Spooz's suite of
technology products provide the most versatile configuration of trading screens,
analysis screens and automated trading systems in a fast growth financial
marketplace.

Spooz is a trading solutions company focused on next generation traders.
SpoozToolz(TM), AlgoServer(TM), SpoozChartz(TM) Spooz AutoSpreader(TM),
ToolzKit(TM) and Spooz CPM(TM), the Company's flagship products, enable any
trader to quickly and efficiently bridge the gap between concept and execution.
The value of the SpoozToolz platform it that it allows any trader to create
trading applications that retain flexibility and customizability, are simple to
use, and that facilitate bringing the traders ideas to production before
opportunity for profit is lost.