SOURCE: California News Tech

July 06, 2006 09:30 ET

California News Tech Engages Capital Growth Resources for Investment Banking Services

SAN FRANCISCO, CA -- (MARKET WIRE) -- July 6, 2006 -- California News Tech (OTCBB: CNTE), a leading technology company, today announced that it has engaged the services of Capital Growth Resources (CGR) on a best-efforts non-exclusive basis to help the Company with investment banking services.

CGR is an affiliate NASD Broker/Dealer of the prestigious Capital Growth Planning, Inc. Since 1969, Capital Growth Planning, Inc. has served the financial needs of hundreds of clients and are acknowledged leaders in the financial services and investment banking community, having over 100 years of combined expertise.

If you would like to be added to California News Tech's investor email list please contact Zack Noory with Nexus Investor Relations at znoory@nexusir.com.

About California News Tech

California News Tech's MediaSentiment™ offers a range of services, available at www.mediasentiment.com, which focus on helping online investors make faster and better investment decisions. Serving traders who are interested in fast, reliable investment tools, MediaSentiment™ offers timely and accurate information to help take advantage of market opportunities. MediaSentiment™ consists of a number of indices that measure NYSE and Nasdaq companies' earnings reports and news media coverage as positive, negative or neutral. In particular, MediaSentiment Heads Up™ creates thumbs up / thumbs down recommendations for stocks almost instantly based on the sentiment behind their earnings reports. MediaSentiment's exclusive technology provides users with up-to-the-minute information, vital to investing, and provides a significant edge on other investors on predicting market movements. The speed and comprehensiveness of MediaSentiment Heads Up™ recommendations often best leading financial news sources, giving MediaSentiment™ subscribers a competitive edge on other investors and allowing them more profitable trading opportunities. For additional information on California News Tech, please visit www.mediasentiment.com.

About Capital Growth Planning

Capital Growth Planning, Inc., www.cgpfinancial.com, established in 1969, is a Fully Diversified Investment and Financial Services Corporation specializing in comprehensive Financial, Investment, Tax, Business, and Estate Planning. Through its affiliated NASD Broker/Dealer, Capital Growth Resources, it provides a full spectrum of Financial Services, Tax Reduction Strategies, Investment Banking, and "Secured" Investments to a national clientele.

Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, uncertainties in product demand, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.

Contact Information

  • AT CALIFORNIA NEWS TECH:

    Marian Munz
    Chief Executive Officer
    877-370-7401
    Email Contact

    AT NEXUS INVESTOR RELATIONS:

    Zack Noory
    Managing Partner
    310-606-2018
    Email Contact