Ozmosys to Spin Off Division to Form PinHawk LLC

20 October 2005

October 17, 2005, the company's news digest business will become part of a
new entity, PinHawk. The two companies will each use the core Ozmosys
technology that has successfully delivered need-to-know information to
professional services clients for over 5 years. Each company plans to
enhance the software to best meet the needs of their clients.

The two companies have agreed to work together by sharing sales
information. Ozmosys will focus solely on the Ozmosys Enterprise Service,
which delivers personalized daily emails. PinHawk's NewzDigest service
will concentrate on the delivery of daily topic-based electronic
newsletters both to individuals and to organizations who want to provide a
useful service to their clients, prospects, or employees.

"We've always viewed our news digest business as a hidden gem, but we've
never devoted the resources that it deserves. Dividing our business lets
us build a team just to promote news digests. When the PinHawk team finds
organizations that need personalized emails for each professional, we can
just refer them to Ozmosys while we develop single newsletters that are
applicable to a broader range of subscribers. These electronic newsletters
may be private labeled for one of our clients or distributed under the
PinHawk label to subscribers," said Joe Bookman, former President of
Ozmosys, Inc., who has resigned from Ozmosys to become President of
PinHawk.

Eric Gross, CEO of Ozmosys who also assumes the title of President, stated,
"The Ozmosys Enterprise service has become an important tool in many large
law firms and legal and compliance departments. We are expanding into
other markets where large professional organizations will benefit from
Ozmosys technology. When we find organizations interested in sending daily
topic-based newsletters we'll send them to PinHawk. We look forward to the
opportunity to expand usage of our Enterprise Service as the premier means
of aggregating content within the large organizations we serve."

For more information about Ozmosys and the Enterprise service, go to
www.ozmosys.com. To learn more about PinHawk and the NewzDigest service or
to receive a free trial, go to www.pinhawk.com.

About Ozmosys, Inc.

Ozmosys, Inc. (http://www.ozmosys.com) is a privately held company,
providing information delivery, subscription & distribution management
tools. Ozmosys services remove the barriers of other distribution methods
while consolidating high-value information and content sources. Ozmosys
services are tailored to the interests of every professional within an
enterprise. Founded in late 1999, the company serves an expanding customer
base. Ozmosys, Inc. provides Information Executives intuitive ways to
control both information overload and information overlook. Ozmosys
delivers the right information to the right people at the right time.

About PinHawk LLC and the NewzDigest Service

PinHawk LLC (http://www.pinhawk.com) is a privately held company, founded
in 2005. It will maintain and promote the NewzDigest service (formerly the
Ozmosys newsletter service).

The NewzDigest Service uses Ozmosys technology to distribute daily
topic-based electronic newsletters with Internet-based, industry specific
news content to professional end-users, large organizations, their clients,
and their prospects.

For information:
Ozmosys, Inc.
Tel.: (212) 252-1940
Fax: (212) 252-8590
Email: Email Contact
Web site: www.ozmosys.com
PinHawk LLC
Tel.: (212) 363-7766
Fax: (212) 785-0848
Email: Email Contact
Web site: www.pinhawk.com
SOURCE: Ozmosys