SARASOTA, Fla., Dec. 16, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.: E-Mobile Information Technologies (Pink Sheets:EMTK), GlobeTel Communications Corp. (OTCBB:GTEL), Applied NeuroSolutions, Inc. (OTCBB:APNS) and Environmental Remediation Holding Corporation (OTCBB:ERHC).
Aggressive stock traders and investors; take a look at an emerging leader in the broadband mobile content market, E-Mobile Information Technologies (Pink Sheets:EMTK). After the bell Wednesday, the company issued a press release announcing that under a licensing agreement with Nokia, CHL's Mobile Book Software Technology and two fully illustrated ebooks will be included with Nokia N-Gage game decks in China, which are now shipping and available for purchase.
With this initiative, E-Mobile secures the lead in delivering multimedia content to Chinese cell phone users. MBST will utilize the powerful multimedia functions of the N-Gage QD. Cell phone users are able to read entire books, listen to audio clips, view video clips, and enjoy live streaming audio and video through their cell phones. Moreover, cooperation with some of the largest publishers allows for quick, rapid and sustained development of this most innovative cell phone/e-book market with an ever-expanding list of titles.
CHL President Dr. Nan Hu stated, "Nokia is the world leader in mobile communications and China is the world's largest mobile phone market. It is a tremendous opportunity to be a part of this matching."
EMTK owns and operates a for-pay online mobile content website through CHL in China where cell phone users can effortlessly download thousands of games, books, magazines, news articles and even comics; and access streaming video and video clips for their smart phone MBST enabled handsets--anytime, anywhere.
Mobile Book Software Technology encompasses mobile multimedia publishing, mobile production tools, cell phone content presentation and management software, and Internet content services and server software. These components, when joined, enable cell phone users' access to a broad offering of innovative content.
EMTK is currently trading around .036 cents a share
Other Stocks of Interest;
GlobeTel Communications Corp. (OTCBB:GTEL)
GlobeTel Communications Corp. announced Wednesday that its wholly-owned subsidiary, Sanswire Networks, LLC, was featured in the December 4, 2004 issue of the The Economist Magazine, reporting that Sanswire will be launching the prototype of its high altitude platform, the Stratellite, and highlighted advantages it has over the current satellite technology. The Stratellite is similar to a satellite, but is stationed in the stratosphere rather than in orbit, at an altitude of 10 to 13 miles above the earth, the company reported.
GTEL closed Wednesday at $0.13, up $0.046, on volume of 51.4 million shares.
Applied NeuroSolutions, Inc. (OTCBB:APNS)
A biotechnology company developing products to diagnose and treat Alzheimer's disease, Applied NeuroSolutions, Inc., announced Wednesday that it has signed a non-exclusive agreement with international diagnostics group bioMerieux, S.A. to bring to market on a worldwide basis what is expected to be the first definitive biologic test for the diagnosis of Alzheimer's disease. The company said that the agreement could be worth in excess of $5 million and royalties.
APNS closed Wednesday at $0.29 on volume of 3.97 million shares.
Environmental Remediation Holding Corporation (OTCBB:ERHC)
Environmental Remediation Holding Corporation, an oil and gas company, announced Wednesday that it has signed an additional participation agreement with independent oil and gas exploration and production company Pioneer Natural Resources Company (NYSE:PXD). The companies will jointly evaluate and negotiate participation in Block 3 of the Nigeria/Democratic Republic of Sao Tome and Principe Joint Development Zone ("JDZ") in the Gulf of Guinea, offshore West Africa.
ERHC closed Wednesday at $0.50 on volume of 2.26 million shares, while shares of PXD ended the session at $34.84 on volume of 1 million shares.
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