RIDGELAND, Miss., Feb. 2, 2005 (PRIMEZONE) -- Knobias, Inc. (OTCBB:KNBS) is proud to announce that it is developing a new version of its popular RAiDAR Streaming News product. RAiDAR v2.0 will be a native Windows application, as compared to the current version, which is web-based. This new version will allow Knobias' existing customers as well as potential new customers to monitor an unlimited number of focus lists or portfolios. RAiDAR v2.0 will allow the user to monitor portfolios by subject code, symbols and sectors while filtering sources important to the end user. RAiDAR v2.0 will highlight, within the application, streaming news that applies to one of many portfolios being monitored simultaneously.
"In addition to the visible changes and new features that we are adding to our RAiDAR application, we have also revamped and optimized our news delivery systems," stated Ken Ivey, CIO. "These new systems have produced faster delivery times, and will provide our customers with more delivery options."
"While RAiDAR has been very successful in addressing our sell side customers' needs to date, we are constantly listening to our customers and creating tools that will allow them to operate more efficiently," stated Key Ramsey, CEO. "We look for this product offering to be ready to BETA test with some existing customers by the 3rd quarter of 2005 and the finished product to be in production by the 4th quarter of 2005."
ABOUT KNOBIAS
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.