SOURCE: Wall Street News Alert

September 28, 2005 09:48 ET

Emerging Public Company Awarded Boat Order From Philadelphia PD through Homeland Security Grant!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- September 28, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Xtreme Companies, Inc. (OTC BB: XTME), Tyco International Ltd (NYSE: TYC), Symantec Corp. (NASDAQ: SYMC) and Verizon Communications (NYSE: VZ).

Aggressive investors and day traders should be taking a look at Xtreme Companies, Inc. (OTC BB: XTME) this morning! Yesterday after the stock markets closed, the company, manufacturer of mission-specific fire, rescue and patrol boats, issued a press release announcing that it was awarded with a Fire-Rescue boat order from the Marine Unit of the Philadelphia Police Department.

News of the order should be welcomed by investors, as the purchase of the 'First Responders' XFR.P.15 was made possible through a grant provided by the Department of Homeland Security!

Lt. Napoli of the Marine Unit of the Philadelphia Police Dept. stated, "The Xtreme watercraft is responsive and can get anywhere we need to be on the water during patrol and rescue missions."

Watch this company! Xtreme CEO Kevin Ryan commented, "Our boats continue to outperform their class due to our innovative designs which provide the crafts with power, safety and handling features, high-speed performance and stability in rough waters. The Xtreme XFR.P.15 was purchased for patrol and rescue purposes along the Delaware River and the Schuylkill River which runs through the city of Philadelphia." He added, "Funds from Homeland Security grants have begun to be released and as a result we should continue to experience sales growth in the municipality and government agency sectors."

Investors should continue to monitor the progress of Xtreme Companies for further developments! On Monday, the company announced its first ever international sale and last month the company posted record 2nd Quarter revenue. At that time, Xtreme CEO, Kevin Ryan, stated, "We are extremely pleased to announce these record results. It is clear our business model, which had taken some time to roll out is beginning to pay big dividends. This past quarter we started to gain traction with Fire & Rescue boat sales through Homeland Security grants and increased our efficiency in marketing, sales and production of the Challenger Offshore line. We also added a top tier financial professional as our CFO to assist us in managing what I believe will continue to be a significant period of growth for Xtreme."

For updated in-depth coverage and a company profile of Xtreme Companies, visit

Prior to the press release, the stock closed yesterday at Seventeen cents a share.

In case you are not familiar with the company: Xtreme Companies, Inc., through its wholly-owned subsidiary First Responder's, Inc., is engaged in manufacturing and marketing of mission-specific Fire-Rescue and Patrol boats used in emergency, surveillance and defense deployments. The boats have been marketed and sold directly to fire and police departments, the U.S. Military and coastal port authorities throughout the United States.

Additionally, Xtreme is the exclusive marketer and distributor for Marine Holdings, Inc. (MHI) d/b/a Challenger Offshore which manufactures semi-custom fiberglass boats of 19' to 97' in length, which include leisure, performance, fishing and motor yachts. MHI is best known for their products that compete directly with the industry's largest boat producers. Internationally known race driver and designer Don Aronow, credited as being the architect of the performance boat industry, designed and created some of the hull technologies today used by Challenger Offshore. Mr. Aronow has also been credited with creating companies such as Cigarette, Donzi, Formula, Apache and Magnum.

Xtreme holds an option to purchase 100% of the outstanding shares of MHI by March 2006. For more information visit and Xtreme's public financial information and filings can be viewed at

Stocks showing interesting activity yesterday at the close of the regular trading day were: Tyco International Ltd (NYSE: TYC) down 1.5% on 7.6 million shares traded, Symantec Corp. (NASDAQ: SYMC) up 1.9% on 12.4 million shares traded and Verizon Communications (NYSE: VZ) down 0.4% on 9 million shares traded.


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