141 Capital, Inc. Announces Technology Licensing Agreement
2009年5月14日 - 10:40PM
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141 Capital, Inc. (Pink Sheets: ONCP) announced it executed a
strategic agreement with Spooz, Inc. (Pink Sheets: SPZI) to license
Spooz�s trading technology. Securing this technology is part of
141�s strategic plan to develop spread sheet software to be
utilized by consumers to perform analysis and enact real time
trades of futures and options through affiliated brokers. This
license provides 141 with a foundation for new analytical software
and will undergo substantial upgrades over the several months. New
state-of-the-art features will be added. 141 will be releasing this
new trading platform to the derivatives market for use by
individual investors and retail and institutional traders.
The release of 141�s platform will mark a new pillar of revenue
for the company, projected to far supersede the revenues currently
generated by the company�s trading account (company management
trades financial products listed on the world's derivatives for the
company�s account). The platform�s launch will enable the company
to generate revenues through commissions. 141 Chairman Paul
Strickland recently discussed the company�s latest strategic
developments in an interview with ceonews.tv. For more information
about the company�s recent developments, listen to the interview
here:
http://www.CEONews.tv/index.php?option=com_content&task=view&id=2600&Itemid=240.
"We are excited to announce this licensing agreement with Spooz;
it provides us with the foundation to build our interactive
software product. Especially exciting is the capability to analyze
trades by allowing for �What If� scenarios in potential trading
strategies in multiple outcome environments," stated Errol Stone,
CEO of 141 Capital.
About 141 Capital, Inc. (www.141capital.com):
141 Capital, Inc., is a publicly traded company based in
Chicago. Its primary operations involve commodity trading. The
company�s principals are involved in the development of software
technology to develop a proprietary trading platform that the
company intends to release to consumers upon its completion and the
company�s registration as an independent broker with the NFA.
Additionally, 141 trades financial products listed on the world's
derivatives for its own account.
About Spooz, Inc.
Spooz, Inc., an independent software vendor developed
revolutionary trading solutions for electronic traders. Spooz's
technology products were to provide versatile trading and analysis
screens, and automated trading systems in the fast growth financial
marketplace. The value of the SpoozToolz platform was that it would
enable any trader to create trading applications, including
algorithmic black-box systems, retaining flexibility and
customizability
Safe Harbor Act: This release includes forward-looking
statements made pursuant to safe harbor provisions of the Private
Securities Litigation Reform Act of 1995 that involves risks and
uncertainties including, but not limited to, the impact of
competitive products, the ability to meet customer demand, the
ability to manage growth, acquisitions of technology, equipment, or
human resources, the effect of economic business conditions, and
the ability to attract and retain skilled personnel. 141 is not
obligated to revise or update any forward-looking statements in
order to reflect events or circumstances that may arise after the
date of this release.
Spooz (PK) (USOTC:SPZI)
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Spooz (PK) (USOTC:SPZI)
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