WESTON, Fla., June 30, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: EYI Industries Inc. (OTCBB:EYII), Nexia Holdings Inc. (OTCBB:NXIA), Euro Tech Holdings Co. Ltd. (Nasdaq:CLWT) and World Airways Inc. (Nasdaq:WLDA).
Aggressive investors and traders will want to watch EYI Industries Inc. (OTCBB:EYII) this morning! Yesterday after the markets closed, the company issued a press release announcing that it has completed Phase One of their Plan with streaming media applications provider EyeWonder, Inc. ("EyeWonder").
This could be great news for investors! Under this Plan, EYI's online promotion of its line of nutritional supplements, including its collagen-based weight loss product Calorad(r), will be delivered via EyeWonder's instant streaming video ads and publishing solutions.
EYI will employ EyeWonder's online video solutions for advertising, customer support and channel education and training. EyeWonder technology will be used to create a sophisticated, video-driven, lead generation system for the EYI Network Marketing sales force. Additionally, EyeWonder has been contracted to build a corporate video communications portal complete with training materials and video marketing collateral. As part of the Agreement, EyeWonder will use its powerful and proprietary video streaming technology to create a comprehensive marketing campaign to help increase brand awareness and sales of EYI's flagship weight loss product, Calorad(r).
Each one of EYI's online audiences will benefit from the advantages of EyeWonder's instant streaming video. Unlike traditional player-based solutions, EyeWonder video seamlessly reaches over 97 percent of all Internet-connected computers, with no need for any media player download, upgrade or Flash plug-in. Video plays instantly with no buffer or load time when a viewer arrives at a web page, and bandwidth detection and multiple bit rate encoding ensure the most optimized viewing experience available online.
Investors should really keep this company on your radar screen! Jay Sargeant, CEO of EYI, suggests that the effect of the joint venture is far-reaching. "When you use the most powerful online media format to promote one of the safest weight loss products on the market, you can expect positive results. But EyeWonder offers us so much more than short and mid-term sales. Our Network channel thrives on training and communication. We will use the EyeWonder video streaming technology to support our customers and support our Network distribution channel with information, training and qualified leads. The relationship with EyeWonder gives us a strategic edge on many different levels."
The stock closed yesterday at twenty-eight cents a share.
In case you are not familiar with the company: EYI Industries Inc., through their subsidiary Essentially Yours Industries, Inc. (EYI), markets world class nutritional supplements that support healthy lifestyles. Their early success was a result of the formulation and sales of CALORAD(r), a liquid protein supplement that has brought weight loss benefits to their customers. More than six million bottles of CALORAD(r) have been sold since EYI was founded in 1995. Since then, more than 30 other products have been added to establish our product line. EYI markets its products through an extensive network of Independent Business Associates. Their sales force is staffed by knowledgeable, experienced men and women and supported by the company's comprehensive training programs.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Nexia Holdings Inc. (OTCBB:NXIA) up 80% on 292.8 million shares traded, Euro Tech Holdings Co. Ltd (Nasdaq:CLWT) up 154.8% on 10 million shares traded and World Airways Inc. (Nasdaq:WLDA) up 32.3% on 1.5 million shares traded.
Commentary:
"Consumer sentiment in June rose to its highest level in three months according to the University of Michigan's report. The economy has created 1.2 million new jobs so far this year and incomes are up 5.7 percent, the most in 12 months. The confidence number in June was 95.6 percent up from 90.2 percent in May," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 18 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.
-- Wall Street News Alert is not affiliated with faxes bearing the names Wall Street Stock Alert or Wall Street News Alert! --
Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated twenty-eight thousand dollars for coverage of EYI Industries Inc. (OTCBB:EYII), by a third party (Nikolas Capital Corporation), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock. Market commentary provided by Sonja Rudd.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.