August 24, 2006 - Optionsource.net offers Recognia Pattern Recognition Software

Optionsource.net announced today the addition of a new pattern recognition service for subscribers through a partnership with Recognia Inc.

Recognia provides automated Technical Event® identification and chart pattern recognition to financial web sites, online brokerages and other trading institutions.

The new service Optionsource.net is offering subscribers automatically tracks and analyzes price and volume patterns for all securities and indices in the major markets of the USA, Canada.

"Technical Event® and trend identification is critical, whether you are a short-term trader or looking for long-term growth," says Jason Ayres, President & CEO, Optionsource.net. "By combining Recognia's advanced screening capability with our education and support for trading equity options, Optionsource.net subscribers are well positioned to make informed decisions."

Recognia's patented software has automated the process of the technical analysis of stocks and other financial instruments to help investors uncover opportunities, make better investment decisions and manage their portfolio's risk.

The company's pattern recognition technology analyses price movements to identify and interpret classic chart patterns and other key indicators. Technical analysis has traditionally been undertaken by experts in the field who relied heavily on manual processing of the data to arrive at their investment conclusions.

About Optionsource.net

Optionsource.net is an international, independent group of market strategists, offering education, opportunity and support focused on meeting the needs of today's investor. Optionsource.net seeks to level the playing field for the individual trader by providing continuing education and timely market opportunities, supported by sound technical analysis and proven option strategies.

The firm is focused on uncovering ideas and opportunities often overlooked by conventional advisors.

By applying both speculative and conservative strategies, Optionsource.net seeks to profit in any market direction.

About Recognia Inc.

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 formations. 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 account-holders.

Recognia also maintains an unrivaled historical database of information relating to chart patterns and other technical information, providing historical context and past performance information.

Contacts:

Jason Ayres
President & CEO
Optionsource.net
jason@optionsource.net

Rick Escher
President & Founder
Recognia Inc.
Ottawa, ON
(613) 789-2267 ext 225
rescher@recognia.com