Spooz Projects Large Revenues and Earnings
March 20 2007 - 5:00PM
Business Wire
Spooz, Inc. (OTC:SPZI) announced that its financial projections
demonstrate the company will enjoy sizeable leaps in revenues and
earnings over the next three years. According to its most recent
economic forecast, Spooz expects its total income in 2007 to be
$3,271,253, increasing to $29,474,886 in 2008 and spiraling to
$102,328,865 for calendar 2009. Projected revenues are derived from
three primary sources: SpoozToolz subscriptions for the Basic
product and its attending modules, templates and trading systems;
repackaged market data feed products; and proprietary trading. The
projections have been published in a revised business plan that
includes in-depth background information on the company, its
structure and management team, descriptions of its products and
services, operational plans for its profit centers, as well as
management's certified financial statements. �I believe our
projections to be a robust estimate of where Spooz is headed from
an earnings perspective,� declares Spooz CEO Paul Strickland. �In
the upcoming year, we will begin offering a succession of
extraordinary products and services that will undoubtedly trigger a
substantial increase in our subscriber base. We will be offering,
as part of our SpoozToolz suite, innovative add-ons such as the
Instant Edgar XBRL module, as well as other modules that will
provide wireless trading and system monitoring on any intelligent
hand-held device (available in early 2008). I fully expect Spooz to
achieve profitability this year and will provide our shareholders
with remarkable financial gains over the next three years.� About
Spooz, Inc. Spooz, Inc., a publicly traded company based in
Chicago, provides a suite of solutions designed to simplify
financial trading for traders and hedgers alike. Its flagship
product, SpoozToolz� and its modules, add built-in trading
capabilities to the popular Microsoft� Excel software application,
combining a customizable interface, streaming quotes, charts,
technical analysis, a comprehensive historical database, and
electronic trade execution into a simple add-in that becomes part
of the Excel tool bar. Safe Harbor � NO ASSURANCES CAN BE GIVEN
THAT ANY PROJECTIONS WILL BE REALIZED. This press release includes
forward-looking statements that involve risks and uncertainties,
including, but not limited to, product delivery, the management of
growth, market acceptance of certain products and other risks.
These forward-looking statements are made in reliance on the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. For further information about these factors that could
affect Spooz, Inc. future results, please contact the Company
directly. Prospective investors are cautioned that forward-looking
statements are not guarantees of performance. Actual results may
differ materially from management expectations.
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