RIDGELAND, Miss., April 12, 2005 (PRIMEZONE) -- Knobias, Inc. (OTCBB:KNBS) today announced that Rush Financial Technologies, Inc. (OTCBB:RSHF) ("RushTrade(r) Group"), through its wholly-owned subsidiary, RushTrade Securities, Inc., will distribute Knobias' Smallcap Clip Report to its existing and prospective clients. In addition, Knobias' complete financial solutions, aimed at the small cap marketplace, are available on a trial basis to RushTrade's subscriber base.
Knobias' Smallcap Clip Report is a daily morning newsletter focused on disseminating market news. Existing and prospective RushTrade customers will receive this newsletter starting April 18, 2005. Also beginning April 18, 2005, RushTrade's subscribers can access all Knobias' financial information solutions on a 30-day FREE demo. Designed specifically for small cap investors, Knobias' web based products deliver streaming news, financial data, fundamental research, and third-party reports.
"Our continued alliance with RushTrade allows us to further initiatives to provide small cap investors with the most robust data offering. RushTrade's commitment to client service, innovative technology and consistent growth makes them an ideal partner," commented Key Ramsey, Chief Executive Officer of Knobias. "By co-branding our Smallcap Clip Report and offering additional Knobias services to their clients, RushTrade supports our value as the go-to resource in this under-served market."
"We are excited about our growing relationship with Knobias," said D. M. Rusty Moore, Chief Executive Officer of RushTrade Group. "RushTrade's comprehensive direct-access trading platform, paired with Knobias' market news and data, better positions our customers to make informed equity transactions."
RushTrade clients interested in Knobias' financial solutions should visit www.knobias.com, or call 201.451.2372. To open a brokerage account with RushTrade, call 800.422.2004, or visit www.rushtrade.com
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.
About RushTrade Group
RushTrade Group operates through two primary wholly owned subsidiaries:
RushGroup Technologies, Inc. ("RushGroup") is a registered Service Bureau and member of the Certified Partners program with the Nasdaq Stock Market. RushGroup serves as the Company's financial technology development subsidiary, which develops and operates proprietary real-time portfolio management software products, advanced order management systems, direct-access trading software applications and a data service center. Utilizing a number of proprietary technologies and its exclusive Direct Access Routing Technology (DART(tm)), an intelligent order routing system, RushGroup offers real-time market data platforms and direct access trading systems to NASD member broker/dealers, institutional portfolio managers and traders.
RushTrade Securities, Inc. ("RushTrade"), a fully-disclosed introducing broker/dealer and member NASD, PCX and SIPC, offers securities and direct access online brokerage, trading and advanced order routing services to its retail customers utilizing RushGroup's software products. RushTrade customer accounts are insured up to $25 million and are held at a third-party clearing firm. RushTrade is registered in all 50 states and accepts customers from most foreign countries. Customer accounts are self-directed, and RushTrade does not provide advice or make trade recommendations.
RushTrade Group is headquartered in Dallas, Texas, and our common stock is traded on the OTCBB market under the symbol "RSHF." For more information about RushTrade and RushGroup products, please visit www.rushtrade.com and www.rushgroup.com.
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 and RushTrade Group assume no obligation to update any of the forward-looking statements in this release.