SOURCE: California News Tech

August 03, 2005 09:00 ET

California News Tech Announces Morning CEOcast to Discuss the Growth Plans for MediaSentiment™ Services

SAN FRANCISCO, CA -- (MARKET WIRE) -- August 3, 2005 -- California News Tech (OTC BB: CNTE), innovator in tracking the sentiment behind news media, and giving an edge to information-savvy investors, announced today that an interview will be held this morning with the Company's president and chief executive officer, Marian Munz. The interview may be heard today, August 3rd, at 10:30 AM PST on the web at CEOcast.com. Additionally, a transcript of the interview will be available on California News Tech's website, www.MediaSentiment.com, by tomorrow morning. In the interview Mr. Munz discusses the Company's products, including MediaSentiment™ Heads Up, which tracks companies based on earnings reports-generated investor sentiment, and strategy for growth as a leader in researching media sentiment about the stock market.

CEOcast is a premier source of original and syndicated streaming broadcast interviews of Chief Executive Officers at public and private news-making companies. CEOcast's programming is distributed to millions of on-line investors at over 700 financial web sites as well as to more than 20,000 portfolio managers, buy-side analysts and traders at over 3,300 North American institutions. CEOcast's content is also disseminated to more than 7,000 investment research professionals representing over 425 institutions. The interview can be heard at www.ceocast.com. Hit "Register Free" and insert your name and e-mail address, and make up a password. Then go to the "Register" box and click it.

About California News Tech

This press release and the CEOcast interview contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding California News Tech's growth strategy, introduction of new products and the impact of the new products and the expansion on California News Tech's leadership, benefits to customers and future growth. These forward-looking statements involve risks and uncertainties. Factors that could cause actual results to differ materially from those predicted in any such forward-looking statement include California News Tech's timely development and customers' acceptance of California News Tech's media research products, rapid technological changes in the industry, growth of the media research market, increased competition and adverse changes in general economic conditions. These and other risks are detailed from time to time in California News Tech's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its report on Form 10-K for its fiscal year ended June 30, 2005.

More information at: www.mediasentiment.com or 415.861.3421.

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