January 23, 2004 - Martin Pring Research offers Recognia Technical Analysis as Subscription Service

Ottawa, Canada and Sarasota, USA, January 23, 2004— Recognia Inc., a leading provider of automated technical analysis tools, is pleased to announce that Pring Research, a globally regarded educator of technical analysis, has licensed Recognia's suite of Technical Event® identification and chart pattern recognition tools. Recognia's analytical tools provide investors with the ability to research stocks using recent Technical Event® opportunities, helping them to uncover new investment opportunities and make more informed trading decisions. Pring Research's subscription service will allow any investor to sign up and get access to the powerful combination of Recognia's advanced technical analysis tools and Pring Research's insightful and valuable commentaries.

"This deployment represents a significant milestone for Recognia," says Sean Church, President of Recognia. "When Martin Pring, one of the world's leading experts on technical analysis, joined our Board of Advisors it was a tremendous endorsement of our vision and our technology. Martin has worked with Recognia to help us to refine and enhance our services and this effort has culminated in its highest endorsement yet - Martin's decision to provide Recognia services and information directly to his customers. We are proud and honored to have such an acknowledged expert put his name on our product."

"We are very excited to offer this powerfully unique tool to our customers," says Martin Pring, President of Pring Research. "Recognia's ability to automatically and accurately identify chart patterns and to then show these patterns directly on the chart provides investors with an amazing amount of information and saves them a lot of time and effort. This is the kind of tool that will make the power and advantages of technical analysis understandable and actionable to a very wide audience."

Recognia's Automated Investment Research is deployed on the Pring Research web site (www.pring.com) as the "Pring TIGER". "TIGER is my acronym for Trading Ideas Generated Efficiently and Reliably", states Pring. "Until now, it required years of experience and an unbelievable amount of time to find profitable price patterns from a large database of plotted charts. The automation of the majority of this process opens up a whole new avenue for research."

The Recognia extensive database includes over 16,000 securities from all major North American exchanges, stocks listed on the London Stock Exchange, cross currency rates and North American indexes. Prospective subscribers can test drive the TIGER using an on-line demo and view streaming audio/visual movie tutorials to quickly grasp the TIGER's potential. The full suite of products includes:

Technical Event® Stock Screener - Allows traders and investors to search for new investing opportunities using a powerful stock screener built around Recognia Technical Event opportunities. In the Stock Screener investors are able to select the type of technical breakout they want to search for, either from the complete database of over 16,000 securities, or filtered by exchange or industry criteria. This powerful tool can potentially uncover profitable situations overlooked by other investors.

Technical Event® Alerts - Allows traders and investors to set alert criteria for technical breakouts, such as a specific type of price pattern, etc. These search criteria may be set for all or part of the database, or for a list of specified securities such as a watch list. Once the alerts are set, the investor will receive automated emails that contain links to the identified securities enabling them to be plotted with a single click.

Recent Technical Event® Lookup - Allows investors to find Technical Event® opportunities and chart patterns for specific stocks they are interested in. Users can select what type of information to display and can view charts with multiple events annotated directly on the chart. This chart annotation saves investors significant effort and provides an immediate visual analysis of the situation for each stock.

Technical Analysis is the quantitative side of Investment Research. It is distinct from Fundamental Analysis, where investors use company and market information (such as earnings, balance sheet, interest rates, etc.) to make investment decisions. Until now, investors have required extensive training and manual intervention to use Technical Analysis to support their investment decisions. The use of advanced computer technologies and innovative approaches has allowed Recognia to automate the process of finding, categorizing, and presenting Technical Event® opportunities based on solid Technical Analysis principles.

For more information please contact:

Sean Church
Recognia Inc.
220 - 1140 Morrison Drive
Ottawa, ON K2H 8S9
(416) 697-8400
schurch@recognia.com

Martin Pring
Pring Research Inc.
4380 Sweetmeadow Circle
Sarasota, FL 34238
(941) 926-9664
mjp@pring.com

About Recognia

Recognia Inc., a privately held company founded in 2000, provides automated Technical Event® identification and chart pattern recognition to financial web sites, online brokerages and other trading institutions. Recognia has developed patented technology for chart pattern recognition and the identification of other types of Technical Event® opportunities. Recognia's technology is capable of recognizing patterns and other formations in the price charts of any publicly traded financial instrument including stocks, bonds, funds, commodities, currencies and indexes. Recognia also provides a range of delivery methods that allow brokers, and other organizations, to deliver this information to their clients and accountholders. Recognia also maintains an unrivaled historical database of information relating to chart patterns and other technical information, providing historical context and past performance information.

About Pring Research

Pring Research, founded in 1981, provides educational content in the field of technical analysis and business cycle forecasting. Its principal, Martin J Pring, has written over 15 books on these subjects, including the globally acclaimed classic "Technical Analysis Explained". Two of his books are recommended reading for the Market Technician's Association Certified Market Technician (CMT) course. Described by Barron's as a "technician's technician", Martin's articles have been featured in Barron's, and he has been quoted in The Wall St. Journal, International Herald Tribune, The New York Post and Los Angeles Times newspapers and the National Review. Over the past 35 years, his research has led to the development of reliable financial and economic indicators for timely and effective forecasting. Martin's personal Barometers for the Bond, Stock and Commodity markets have identified major turning points since the 1950's on a timely basis and have outperformed the buy/hold approach by a wide margin. Pring Research also publishes two market letters and consults actively for financial institutions.