SOURCE: Wall Street News Alert

August 05, 2005 08:42 ET

Emerging Public Company Looks to Expand Services to Italy and Other European Markets!

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

WESTON, FL -- (MARKET WIRE) -- August 5, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Newport International Group (OTC BB: NWPO), Cisco Systems (NASDAQ: CSCO), Hewlett-Packard Co. (NYSE: HPQ) and Brocade Communications Systems, Inc. (NASDAQ: BRCDE).

Once again, Newport International Group (OTC BB: NWPO) should be appearing on the radar screen of aggressive investors and day traders! Yesterday after the stock markets closed, the company has issued a press release announcing that its Spare Backup Inc. subsidiary has signed, yet another new channel partner for the company's fully automated online backup service.

News of another new relationship should be welcomed by investors, as the company continues to announce new agreements which could significantly garner exposure for its products! The newest partner, TNTtel Inc. will initiate Spare Backup's introduction into Italy and the European market's helping Spare Backup implementation of their global distribution strategy.

An emerging player in online backup for small businesses and home office users, Spare Backup Inc. signed the agreement with TNTtel Inc., a US company with extensive experience in localization of web based products and services for the European market with local partners in every country.

Continue to watch this company! "TNTtel Inc. has a proven record of success with other web based products such as InterFax, Sapienter (through his Italian partner Bitmovers srl), SWsoft and others in the European marketplace. We believe that our new relationship with TNTtel Inc. and their current customer base will quickly generate Spare Backup customers and profit," said Cery Perle, Chief Executive Officer of Newport.

Investors should continue to monitor the progress of Newport International for further developments! Newport has been on a roll, announcing multiple deals! Among the company's recent news:

--Hewlett-Packard, one of the world's largest personal computer manufacturers, announced that it intends to resell Spare Backup Inc.'s fully automated online backup service directly through its Web site as early as next month.

--A second purchase order from CompUSA, one of the nation's leading retailers with 246 locations. CompUSA is a reseller of computer-related products and services for the company's Spare Backup online service.

--The signing of multiple new channel partners, one of which will expand the company into Australia.

For updated in-depth coverage and a company profile of Newport International, visit

The stock closed yesterday at $1.16 a share.

In case you are not familiar with the companies: Spare Backup Inc., a subsidiary of Newport International Group, is the developer of Spare Backup service, the first totally automated online backup service specifically designed for small business and home office users that selects, secures and stores files all by itself.

Newport International Group is dedicated to leveling the digital playing field for small- and medium-sized companies. Its two subsidiaries provide digital tools and services that are as powerful as those available to large enterprises, but are designed and developed so that technical skills aren't needed to use or manage them. The company has headquarters in Palm Desert, with technology development in Phoenix. The company's website is

Stocks showing interesting activity yesterday at the close of the regular trading day were: Cisco Systems (NASDAQ: CSCO) down 0.5% on 36.5 million shares traded, Hewlett-Packard Co. (NYSE: HPQ) down 0.6% on 8.5 million shares traded and Brocade Communications Systems, Inc. (NASDAQ: BRCDE) even on 13.1 million shares traded.


"Oil prices rose yesterday as traders remained cautious over possible supply woes because of refinery shutdowns, as well as the prediction of a busy hurricane season that could hurt Gulf of Mexico output. Light, sweet crude for September delivery rose 24 cents to $61.10 a barrel on the New York Mercantile Exchange," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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