HOUSTON, Oct. 3, 2005 (PRIMEZONE) -- Emerge Capital Corp. (OTCBB:NUWV) (previously known as NuWave Technologies, Inc.) announced today that Tobin Smith, chairman of ChangeWave Research, has joined the company as chief investment officer and a member of the Board of Directors. He has also received options to acquire fifteen percent of the common stock of Emerge Capital. Tobin Smith said, "Emerge Capital is a unique opportunity to capitalize on the concept we pioneered at ChangeWave Research. We believe that by organizing a network of experienced professionals to help us take advantage of the research inefficiencies of the 5,000-plus companies within the micro-cap world, we can create an opportunity for both income and capital gain rewards for our shareholders."
Tim Connolly, chief executive officer of Emerge, stated, "Toby brings an extraordinary skill in research and analysis of public companies to Emerge Capital. We believe he will be a key contributor to our goal of becoming the definitive resource for emerging and re-emerging public companies."
About Tobin Smith
Tobin Smith is the founder and chairman of ChangeWave Research, a subsidiary of Phillips Investment Resources. He serves as editor of ChangeWave Investing and ChangeWave MicroCap Investing, fee-based online investment advisory services from www.ChangeWave.com. Since 2000, Mr. Smith has served as contributing market analyst for the FOX News Channel and currently co-stars on Bulls & Bears, cable television's number-one rated investment program. He is a frequent guest expert on Fox's Your World With Neil Cavuto, Fox and Friends, and is heard frequently on many nationally syndicated investment talk radio programs. He has authored the New York Times bestsellers, 'ChangeWave Investing' and 'ChangeWave Investing 2.0', published by Random House. Over 250,000 individual and institutional investors worldwide read Mr. Smith's weekly e-newsletter, The WaveWire.
About Emerge Capital Corp. and Corporate Strategies, Inc.
Emerge Capital Corp (OTCBB:NUWV) recently acquired Corporate Strategies Merchant Bankers in a reverse merger transaction. Corporate Strategies, Inc. (www.corporate-strategies.net) is a merchant bank in the traditional European sense of the word. As the term has evolved from the 18th century to today, merchant banking describes an enterprise that not only finances a company's product or service, but also assists in developing a comprehensive business strategy. Corporate Strategies is comprised of seasoned executives with extensive experience in merchant banking, including business development and strategy, public and private company corporate finance, capital markets research, human resources, due diligence and transaction negotiation and execution. Emerge Capital Corp. is an assumed name of NuWave Technologies, Inc.
All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this press release. While Emerge Capital Corp. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Emerge Capital Corp.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Emerge Capital Corp.'s filings with the Securities and Exchange Commission.