NEW ORLEANS, Jan. 5, 2008 (PRIME NEWSWIRE) -- Court-appointed Lead Counsel Kahn Gauthier Swick, LLC ("KGS") encourages investors who have information related to the securities fraud action against Optionable, Inc. ("Optionable" or the "Company") (OTCBB:OPBL) now pending in the United States District Court for the Southern District of New York to contact KGS.

If you have information surrounding Optionable's relationship with the Bank of Montreal that caused Optionable's stock price to collapse in late-April 2007, or any other relevant information, please e-mail or call KGS Managing Partner Lewis Kahn, without obligation or cost to you, toll free 1-866-467-1400, ext. 100, via cell phone after hours at 504-301-7900, or by email at

Because plaintiffs in this action are allowed no discovery until after the court rules on defendants' filing of a motion to dismiss, information provided by shareholders, investors and/or the general public may be critical in allowing the successful resolution of this action. Moreover, because of the critical importance of this action, we encourage those with information to contact KGS immediately.

More information on this and other class actions can be found on the Class Action Newsline at

Kahn Gauthier Swick, LLC
Lewis Kahn
866-467-1400, ext. 100