SOURCE: California News Tech

October 26, 2005 08:30 ET

California News Tech Signs Content Licensing Agreement With Thinkorswim

SAN FRANCISCO, CA -- (MARKET WIRE) -- October 26, 2005 -- California News Tech (OTC BB: CNTE) announced today that it has entered into a licensing agreement with thinkorswim, Inc. Thinkorswim will offer California News Tech's MediaSentiment™ product to their individual and institutional customers. Tom Sosnoff, CEO of thinkorswim, Inc., the industry's leading online 'boutique' brokerage, comments, "Every once in a while we discover some innovative and really useful market-ready content. Adding the MediaSentiment product to our already feature-rich trading platform will be a nice holiday treat for all thinkorswim clients."

California News Tech's President and CEO adds, "We are very happy to start this business relationship with Thinkorswim, a company committed to providing their customers the latest and most innovative technologies to help to expedite and improve the investment decision process."

MediaSentiment™, available at, includes a range of indices, recommendations and analysis to help investors keep abreast of the sentiment behind the news that moves their investments. HeadsUp™, available on the website, uses unprecedented artificial intelligence technology to aggregate information from earnings reports and to predict investor sentiment regarding financial news. Then, within seconds after the news release, it provides thumbs up or thumbs down recommendations to subscribers regarding individual stocks. Along with HeadsUp™, MediaSentiment™ also offers another web-based service, MediaSentiment Trend Indices, which track a wide range of media sources to create graphic overview of sentiment in the news about NYSE and Nasdaq companies from day to day. Also, MediaSentiment™ produces an online newsletter, E-motions, which uses HeadsUp™ predictions and financial psychology to offer weekly market analysis from a fresh perspective.

Thinkorswim, Inc. is a privately held company founded in 1999, located at ground-zero of derivatives trading, Chicago, IL, and encompasses retail stock, option and futures brokerage, institutional and high-net worth asset management, RED Option Advisory, and Liquid professional trading platform.

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