Spooz, Inc. To Acquire Unwin Technology Ltd
February 12 2008 - 8:01AM
Business Wire
Spooz, Inc. (OTC:SPZI), announced an agreement to acquire Unwin
Technology Ltd (�Technology�) by purchasing all of the capital
stock in the company in exchange for five million shares of
restricted common stock of Spooz, Inc. �The Spooz acquisition of
Unwin Technology is important for two reasons,� stated John Unwin
the former Director of Unwin Technologies and currently the Spooz
CTO. �We now have a London based company to assist us in
penetrating the European markets with our product lines, and; Spooz
has acquired certain technology important to SpoozToolz and the
AlgoServer products.� John Unwin served 3 years as Technical
Director in a public company to deliver technically innovative
products into new market space improving the bottom line. He is
able to present to investors, customers and the media. Previously
John was a consultant (11 years) with proven ability to deliver in
the finance, retail banking, telecom, public sectors and retail.
�We are excited to have John Unwin on board as he brings tremendous
value to Spooz,� confirmed Paul Strickland the Spooz CEO. �If you
then add the value of the existing technology at Unwin Technology
Ltd to the equation, this becomes a win-win for Spooz, besides, I
believe John has been developing important components of SpoozToolz
and AlgoServer for years.� About Spooz, Inc. Spooz, Inc., a
publicly traded company based in Chicago, provides a suite of
solutions designed to streamline electronic trading across multiple
asset classes. SpoozToolz�, SpoozToolz� Pro and SpoozChartz� and
the new Spooz AlgoServer� enable any trader to quickly and
efficiently bridge the gap between concept and execution. The value
of the SpoozToolz platform is that it allows any broker or trader
to quickly and efficiently develop and deploy trading applications
before opportunity for profit is lost. (www.spooz.com;
www.spooztoolz.com). About Unwin Technology Ltd Unwin Technology
Ltd, founded in 1996 is a consulting design and development firm.
We deliver expert solutions and recommendations that have real
effect on the client bottom-line for a sustained period of time.
(www.unwin.com).
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