RIDGELAND, Miss., May 9, 2005 (PRIMEZONE) -- Knobias, Inc. (OTCBB:KNBS) today announced that it has signed a distribution agreement with Rush Financial Technologies, Inc. (OTCBB:RSHF). Under the terms of the agreement, customers of RushTrade, a wholly owned subsidiary of Rush Financial Technologies, will have access to the Knobias Small Cap "ClipReport".
The "ClipReport" is a daily newsletter distributed FREE to anyone interested in proprietary news and insight concerning small, micro- and nano-cap stocks. The information contained in the newsletter focuses on U.S. stocks that trade "over-the-counter" or on the American Stock Exchange, and whose market capitalization is less than $250M. The daily PDF document includes a new feature called the "SPOT," which highlights one new small-cap stock each week.
The newsletter also contains proprietary top stories; news gainers and decliners; bullet points (financings, earnings, newly announced contracts, clinical trials, etc.); after-hours headlines and strong closers; commentary sections from Knobias writers (Week Ahead, Insider Trading, Sector Buzz, Deal Day and Free-Form Friday); corporate events (symbol/name changes, symbol additions/deletions); regulation "SHO" threshold stocks; and many other items.
"We are very excited about the opportunity to strategically align with RushTrade. This is another step forward in our relationship, moving toward full integration of our products for the trading marketplace," stated Knobias CEO, Key Ramsey. "The 'ClipReport' will be very valuable information for all RushTrade users that are interested in small-cap stocks. This tool will help RushTrade users monitor the small-cap markets while giving them tremendous actionable information on a daily basis."
Rush Financial Technologies, Inc.'s CEO, D. M. Rusty Moore, said, "RushTrade customers can expect to derive very real benefits from the 'Clip Report'. Many of our customers are active traders in the markets on which this tool focuses. Knobias has done a great job of delivering a news product that can help RushTrade customers become even more successful."
To subscribe to the FREE Knobias Small Cap "Clip Report," click below:
http://www.knobias.com/clipreport
For advertising information concerning the Knobias Small Cap "Clip Report," submit requests:
sales@knobias.com
For information concerning Knobias Issuer Services Program, submit requests to:
sales@knobias.com
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), 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 OTC.BB market under the symbol "RSHF." For more information about RushTrade and RushGroup products, please visit www.rushtrade.com and www.rushgroup.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. For more information about Knobias, Inc. products, please visit www.knobias.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 assumes no obligation to update any of the forward-looking statements in this release.