SARASOTA, Fla., June 23, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.:
Environmental Technologies International Inc. (Pink Sheets:EMTI), and OraSure Technologies, Inc. (Nasdaq:OSUR) and Xybernaut(r) Corporation (Nasdaq:XYBR).
Environmental Technologies, Inc. (Other OTC:EMTI.PK) announced Tuesday after the closing bell that successful negotiations for the acquisition of proven, patented, revolutionary environmental technology have been completed. Environmental Technologies, Inc. and the owner of the technology (AWE Engineering Inc.) have agreed on all terms and have signed a binding agreement whereby, in exchange for an undisclosed sum of cash plus common shares, EMTI will acquire 100% ownership of AWE Engineering Inc., holder of the patented technology. Have a look at Environmental Technologies today. EMTI currently trades at around .11 a share.
On the Nasdaq gaining big today is, OraSure Technologies, Inc. (NASDAQ NM:OSUR). OraSure announced today that it has received U.S. Food and Drug Administration ("FDA") approval of its OraQuick(r) Rapid HIV-1/2 Antibody Test for use in detecting antibodies to the Human Immunodeficiency Virus Type 2, or HIV-2, in oral fluid samples. With this approval, the OraQuick(r) HIV-1/2 Test is the only rapid, point-of-care test approved by the FDA for use in detecting antibodies to both HIV-1 and HIV-2 in oral fluid, finger stick and venous whole blood, and plasma samples. The stock is currently up $2.19, at $9.90 a share.
Also trading well today is Xybernaut(r) Corporation (Nasdaq:XYBR). Xybernaut(r) announced on Monday that the Company has been granted a patent by the State of Israel's Patent Office related to the Company's Transferable Core computer intellectual property (IP). The Transferable Core computer patent describes a device which is smaller than the size of a cell phone containing the "brains" of a PC -- processor, memory, storage and I/O circuitry, desktop, software applications and information -- everything but the power supply and display. When plugged into what the Patent calls an "enclosure," which can be anything from a stripped down laptop, to a cell phone, to the dashboard of a car, the core unit becomes a true "personal" computer. XYBR Is currently trading at around $1.70 a share.
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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company". The company is to receive compensation for this newsletter service for Environmental Technologies only. The compensation is one thousand dollars from a non-affiliated third party Audra Inc. The company also received compensation for other services, which was three thousand dollars and 155,000 free trading shares and earlier received 107,142 free trading shares all from a non-affiliated third party Alex Consulting Inc. Because the company received 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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