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Article Excerpt
M2 PRESSWIRE-4 June 2008-OTCPicks.com: OTCPicks.com Stocks to Watch for Wednesday, June 4th SPDE, MVBY, EXPT, USSU, BOKO, NOVO(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:04062008
Our Stocks to Watch tomorrow include Speedus Corp. (NASD: SPDE), My Vintage Baby Inc. (OTC: MVBY), Expert Group Inc. (OTC: EXPT), USA Superior Energy Holdings Inc. (OTCBB: USSU), Boo Koo Holdings Inc. (OTCBB: BOKO) and Novori Inc. (OTCBB: NOVO).
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SPEEDUS CORPORATION (NASD: SPDE) "Up 102.42% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/SPDE.php
Speedus Corp., through its subsidiaries, engages in healthcare, restaurant, and wireless businesses in the United States. The company has co-invested with Siemens Corporate Research, Inc., a subsidiary of Siemens Corporation, in Zargis Medical Corp. to develop advanced diagnostic decision support products and services that automatically analyze acoustical data from a patient to determine physiologically significant features useful in medical diagnosis for primary care physicians, pediatricians, cardiologists, and other healthcare professionals. It owns 90% of F&B Gudtfood, the creator and operator of the original Eurocentric cafe, which operates a store in Manhattan. The company has a portfolio of patents that provide high-speed wireless communication systems. In addition, it offers Local Multipoint Distribution Service (LMDS) license for developing and deploying LMDS technology that is used for various fixed wireless purposes, including wireless local loop telephony, high-speed Internet access, and two-way teleconferencing. The company, formerly known as SPEEDUS.COM, Inc., was founded in 1995 and is based in New York, New York.
SPDE News:
June 3 - Density Dynamics Acquires Green Technology
DDC Targeting Data Center Energy Crises with Solid State Storage and Data Acceleration to Lower Electricity Use
Density Dynamics Corp. (DDC), recently formed by Speedus Corp. (NASD: SPDE), has acquired the environmentally friendly technology pioneered by TiGi Corp. for high efficiency solid-state storage. The DDC product line responds to the energy use problems identified by IBM as it updated its plans to combat the growing Data Center Energy Crises with Project Big Green (www-03.ibm.com/press/us/en/pressrelease/24244.wss).
The new technology platform delivers cutting edge solid-state storage combined with a proprietary power management system that significantly lowers power use when compared with traditional spinning memory. DDC products are currently under evaluation by several large U.S. corporations for their server networks. The technology significantly improves the performance of legacy server networks and sharply reduces power consumption in data centers and server "farms." DDC will be marketing the initial line of products as well as continuing development of the technology.
"Our initial product, the Rocket, will be the first product in our Green Turbo (GT) line. GT products will build upon the Rocket to enhance performance and reduce electricity costs in large server networks economically and quickly. Using GT products can dramatically speed operations, while reducing equipment footprint, heat generation and electric power use," said Kevin Gonor, formerly Vice President of Sales for Flextronics International and now President of DDC. Gonor added, "The new company's slogan is Think Fast. Think Green. Think DDC."
Speedus, the controlling shareholder of DDC, was joined by CrossHill Georgetown Capital in providing the capitalization for DDC.
ABOUT DENSITY DYNAMICS.
Density Dynamics Corp., located in Washington, DC, can be found on the web at www.densitydynamics.com.
ABOUT CROSSHILL GEORGETOWN CAPITAL.
CrossHill Georgetown Capital, L.P. is an investment fund managed by the principals of CrossHill Financial Group.
MY VINTAGE BABY INCORPORATED (OTC: MVBY) "Up 68.33% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/MVBY.php
My Vintage Baby, Inc. engages in the design, production, and sale of clothing and accessories. It offers apparel for girls and boys. The company also engages in the retail sale and catalog retail of its products. My Vintage Baby, Inc. is based in McKinney, Texas.
MVBY News:
June 3 - My Vintage Baby Announces Recent Financing
My Vintage Baby, Inc. (OTC: MVBY), a public children's apparel company, announced that it has sold $250,000 of senior-secured, fixed-price convertible debentures to Agile Opportunity Fund, LLC ("Agile"), a New...
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