SPOOZ Inc (SPZI)

[DUCKY]

Spooz Posts Public Disclosure

CHICAGO, Sep 22, 2005 (BUSINESS WIRE) -- Spooz, Inc. (OTC:SPZI) chiefexecutive, Paul Strickland, issued a progress update detailing the company'spositioning, industry growth and public disclosure. He addressed shareholdersdirectly with the following letter:

Dear Shareholders of Spooz, Inc.,


We want to thank our shareholders for their support in the absence

of any public disclosure over the past few months. Management at Spooz

has maintained a strict policy of avoiding public solicitation of its

securities in any fashion, however, we believe increasing investor

interest and participation obligates Spooz to provide our shareholders

with public disclosure. Today, Spooz updated its Disclosure Statement

on www.pinksheets.com. Spooz intends to begin the process of becoming

a fully reporting company in the near future.


The commodities industry is experiencing growth at an accelerated

rate. On September 1, 2005, the Chicago Mercantile Exchange (NYSE:CME

- News), the world's largest and most diversified futures exchange,

reported that it traded more than 10.7 million contracts, breaking the

previous day's record volume of 9.97 million contracts. On that day

trading in a single contract accounted for the exchange of $5.8

trillion in Eurodollar futures. The same day, 6.9 million contracts

were traded electronically on Globex(R), breaking the previous record

of 6.8 million contracts set on August 31. Volume and seat prices seem

to be eclipsing record highs at futures exchanges on a daily basis.


Not only are global volume and seat prices increasing, but the

industry is consolidating and transitioning due to the electronic

trading revolution. Exchanges are merging, consolidating, sharing

execution platforms, and leveling the playing field for traders who

are not resident on the trading floors. There has been no time in

history where the opportunities for business growth have been more

attractive in our industry.


Spooz has strategically positioned itself to take advantage of these

opportunities and as a part of that process has restructured the

company in anticipation of rapid and sustained growth. The posting of

the updated Disclosure Statement is a positive step toward the

milestones we seek, but we must, according to securities regulations,

maintain a solid non-solicitation policy. Any prospective investor

must also realize that the Disclosure Document represents a snapshot

of the company as of June 30, 2005 but does not reflect the company's

current position and therefore may be materially misleading.


Over the next few weeks and months, Spooz will significantly increase

its public disclosure. We will file an updated Disclosure Statement

and post it on www.pinksheets.com as of the end of the third quarter

The Disclosure Statement will reflect a much clearer picture of the

company.


Again, I want to thank the Spooz team and our shareholders for

sticking with us during the tough development times and the great deal

of commitment they have demonstrated in assisting Spooz to fulfill its

mission of revolutionizing the way people will trade.


Sincerely,


Paul D. Strickland, Jr.

About Spooz, Inc.

Spooz, Inc., a publicly traded company based in Chicago, provides a suite ofsolutions designed to simplify financial trading for traders and hedgers alike.SpoozToolz(TM) and its modules, the Company's flagship products, add built-intrading capabilities to the popular Microsoft(R) (NASDAQ: MSFT) Excel softwareapplication, combining a customizable interface, streaming quotes, charts,technical analysis, a comprehensive historical database, and electronic tradeexecution into a simple add-in that becomes part of the Excel tool bar.

Forward-Looking Statements: This news release may contain forward-lookingstatements as defined by the Private Securities Litigation Reform Act of 1995.These statements present management's expectations, beliefs, plans andobjectives regarding future financial performance, and assumptions or judgmentsconcerning such performance. Any discussions contained in this release, exceptto the extent that they contain historical facts, are forward-looking andaccordingly involve estimates, assumptions, judgments and uncertainties. Thereare a number of factors that could cause actual results or outcomes to differmaterially from those addressed in the forward-looking statements.

SOURCE: Spooz, Inc.


CONTACT: For Spooz, Inc., ChicagoThe Investor Relations CompanyBrien Gately, [e-mail], Inc.312-379-3166http://www.spooz.com" target="_blank">http://[e-mail]://www.spooz.com


Copyright Business Wire 2005



KEYWORD: United States

North America

Florida

Illinois

INDUSTRY KEYWORD: Technology

Data Management

Software

Other Technology

Professional Services

Banking

Finance