Wall Street News Alert's Breaking Market News! April 14, 2004
WESTON, Fla., Apr 14, 2004 (PRIMEZONE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: UgoMedia Interactive Corp. (Pink Sheets:UGMI), Nano-Proprietary Inc. (OTCBB:NNPP), Calypte Biomedical Corporation (OTCBB:CYPT) and Media Services Group Inc. (Nasdaq:MSGI).
Aggressive investors need to look at UgoMedia Interactive Corp. (Pink Sheets:UGMI)(name change to Sciax Corp pending) this morning! Yesterday after the markets closed, the company issued a press release announcing that that Sciax has begun delivery of the new C2d camera to key customers! Additionally, the recently introduced Sciax A1d -- Universal Remote Control, which enables the camera's advanced features, is being demonstrated to select customers.
This could be great news for investors! According to the press release, "We are engaged in meetings with key federal customers to further strengthen the sales opportunities that we are pursuing with these agencies," stated company President Ken Smart. "These system modules will result in the introduction of a significant number of new Wolf Pack capabilities which will further strengthen our technical superiority."
"Our development team is quite proud of their efforts in the creation of this new electronics package and we continue to be focused on leveraging this technical achievement into future and on ongoing product developments," said Ralph Manore, Vice President of Operations for Sciax.
Keep your eyes on this company! The Sciax Wolf Pack is a highly modularized opto-electronic remote viewing system used by law enforcement and military personnel. The reconfigurable, multi-operational design of Wolf Pack makes the system ideal for many applications in physical security, drug and contraband interdiction, tactical response, protective security, and evidence recovery. Wolf Pack electronics and optical components are built to high standards of durability, allowing successful deployment in harsh conditions that would prohibit the use of many conventional imaging systems.
The stock closed yesterday at sixteen cents a share.
In case you are not familiar with the company: Sciax is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of UGOMEDIA INTERACTIVE. A name change from UGOMEDIA INTERACTIVE to SCIAX CORPORATION is pending.
Sciax is the manufacturer of Wolf Pack, the company's tactical remote viewing system used by law enforcement and military organizations in North America and Europe. Customers include military and law enforcement agencies of the US and German Governments, contraband interdiction units of Canada Customs and LAPD-SWAT.
Stocks showing interesting activity yesterday were: Nano-Proprietary Inc. (OTCBB:NNPP) up .39% on 119,300 shares traded, Calypte Biomedical Corporation (OTCBB:CYPT) down 4.1% on 1.2 million shares traded and Media Services Group Inc. (Nasdaq:MSGI) down 18.5% on 1.5 million shares traded.
Commentary:
"U.S. gasoline could average over $1.80 nationwide this summer, and has already gone higher in some areas of the country. Poor planning, stringent emissions rules, and record demand by India and China are the culprits, according to many gasoline analysts; oh, and don't forget those gas-guzzling SUV's so beloved by Americans," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: www.WallStreetNewsAlert.com.
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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated twenty-four thousand dollars for coverage of UgoMedia Interactive Corp. (Pink Sheets:UGMI), by a third party (Alex Consulting Inc.), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock. Market commentary provided by Sonja Rudd.
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