SARASOTA, Fla., June 2, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.:
Investors may want to keep an eye on Serologicals Corporation (Nasdaq:SERO), American Multiplexer Corp. (Pink Sheets:AMUT) and SIRIUS (Nasdaq:SIRI).
Investors may want to swing over and check out a Company called American Multiplexer Corp. (Pink Sheets:AMUT). American Multiplexer announced on Tuesday that it has appointed Haldex Pty Ltd as authorized distributor for its eFotoXpress software for Australia and New Zealand. Haldex Pty Ltd is a very well established distributor of computer, software, and camera related products throughout Australia and New Zealand. Haldex Pty Ltd will provide the eFotoXpress software to all major distribution outlets throughout Australia and New Zealand. To commence this relationship, 200 copies have been shipped to Haldex Pty Ltd so that they can be immediately available for distribution. eFotoXpress is a software utility that uses wavelet compression technology and the new JPEG2000 standard to easily compress very large images so that they may be sent by e-mail without any loss in quality. AMUT currently trades at around $.27 a share. For more information visit American Multiplexer at http://www.amux.com.
On the Nasdaq making a move was Serologicals Corporation (Nasdaq:SERO). Serologicals announced on Tuesday that the U.S. Patent Office has issued the patent on its proprietary purification process, which inactivates infectious prions in its bovine-based EX-CYTE(r), the leading cell culture growth medium in the world. Prions are defective proteins that cause "mad cow" disease. The patent, U.S. Patent No. 6,743,899, will remain in force until 2021. After a strong move on Tuesday, up $2.36, SERO currently trades at around $19.30 a share.
Tuesday's Nasdaq Volume Winner was-SIRIUS (Nasdaq:SIRI). SIRIUS provides listeners with over 110 channels of the best commercial- free music, sports, information and entertainment, with digital quality sound coast-to-coast, broadcast daily from New York City, Los Angeles, Nashville, New Orleans, Houston and Daytona. SIRIUS offers over 60, 100% commercial- free, music channels featuring multiple categories of music. SIRI traded 56,840,840 shares Tuesday to end the day at $3.17, up .17 a share.
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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, here after referred to as "the company". The company is to receive compensation for this newsletter service for American Multiplexer Corp. The compensation is one thousand dollars from a non-affiliated third party Audra Inc., and who may own a large position in American Multiplexer Corp. The history of the total compensation received can be found here- http://www.pennypicks.com/profiles/amut.html. Because the company is receiving compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.
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