RIDGELAND, Miss., March 21, 2005 (PRIMEZONE) -- Knobias, Inc. (OTCBB:KNBS) today announced the formal launch of pipeTRAC for the private equity marketplace. The online research database provides immediate access to all pertinent data for private capital raises from source transactions to the larger Rule 144a. Previously, pipeTRAC was offered to existing customers in its Beta test period. The current version is available to existing and new customers through Knobias' subscription service.
pipeTRAC offers four easy to navigate services: pipeCONTACT, pipeALERT, pipeSTAT, and pipeRANK. This unique database archives and updates detailed information on deal participants and allows subscribers to build, match and download comprehensive deal-statistic queries and ranked lists of PIPE players. Streaming news alerts of all deal activity are issued daily. Additionally, each service has subsets for customized searches. To further ease of use, an overview of the aggregated data is displayed on one page for quick reference. The database is accessible at www.knobias.com.
Exclusive to pipeTRAC is its reliable and timely system that alerts, tracks and will soon e-mail registration awareness to subscribers. During product development, Knobias leveraged its technology, experience and clear understanding of the issues involved with capital formation for small-cap companies to steer registration effectiveness. As a result, pipeTRAC ensures pipe participants full knowledge of all dates and deadlines vital to the registration process.
"Consistent with our financial information solutions, we designed pipeTRAC to address the needs of an under-served market. We applied our experience with developing information tools for small cap investors, and created this one-stop source for equity private placements," stated Ken Ivey, CIO of Knobias. "During our live Beta test, our customers responded enthusiastically about our robust data offering and product functionality. We believe that pipeTRAC will become the standard information tool for PIPE transactions."
"With this release of pipeTRAC, we enhance our customers' ability to effectively navigate complex private placement transactions," commented Key Ramsey, chief executive officer of Knobias. "Historically, gathering credible data for PIPE transactions has been challenging and can greatly impact the pairing of issuers with the right investors. Our goal was to bring greater transparency to this growing marketplace. pipeTRAC levels the playing field with accurate and timely information, essential to the decision making process."
About Knobias, Inc.
Knobias, Inc. provides complete financial information solutions for institutional market participants, corporations and industry professionals. By receiving early and accurate proprietary information, our clients are allowed to monitor and trade more successfully. Actionable data is delivered via high-quality applications consisting of proprietary products; analytics; streaming information; financial data; fundamental research; and third-party research. Whether you are interested in small cap or the broader markets, we have the tools, information and knowledge you need.
FORWARD-LOOKING SAFE HARBOR STATEMENT
To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. Knobias assumes no obligation to update any of the forward-looking statements in this release.