SOURCE: Wall Street News Alert

August 30, 2006 10:08 ET

Hot Stocks to Watch! August 30, 2006

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

WESTON, FL -- (MARKET WIRE) -- August 30, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Straight Up Brands, Inc. (PINKSHEETS: STRU), The Coca-Cola Company (NYSE: KO), Nokia (NYSE: NOK) and Verizon Communications Inc. (NYSE: VZ).

Straight Up Brands, Inc. (PINKSHEETS: STRU) may be a target of aggressive investors and day traders! Yesterday the company, an emerging developer and global marketer of premium branded wines and spirits, headquartered in New York, issued a press release announcing the appointment of Southern Wines and Spirits to distribute its line of Bracco Wine in Nevada.

News of the distribution agreement should get the attention of investors! Southern Wine & Spirits of America, Inc. is the nation's largest wine and spirits distributor, with operations soon to be in 27 states. The Company believes that this relationship with Southern will lead to additional distribution agreements and could result in its present sales increasing by as much as 50% in 2007.

Continue to watch this company! Bracco Wine is a line of eight Italian wines that the Company owns and markets in collaboration with the actress Lorraine Bracco. In January 2006, the Company's importer, Maison Jomere Ltd., appointed Opici/American BD wines to distribute the product in New York, New Jersey, Connecticut and Florida.

Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of Straight Up Brands! "I live in Las Vegas and I am always looking for a winning hand. Paul Davis of Maison Jomere and Lorraine Bracco together is definitely a winning hand!" said Larry Ruvo, Senior Managing Director of Southern Wine & Spirits of Nevada. "Our national expansion is now under way and the initial results have again been very gratifying indeed. Recently we launched the Bracco wines in Wisconsin, Michigan and Illinois. Within the next three to four weeks, Ohio, Kentucky, Indiana, Kansas, Missouri, Arizona, Georgia, Virginia and New Hampshire will be launched," added David McCallen, CEO of Straight Up Brands.

The wine has been well received by the trade, the press and with leading restaurateurs. Ms. Bracco has already appeared with the wine on a number of TV shows and media events, including "Martha Stewart" and "The View." Future media events that are planned included the introduction of the line of fine wines on Bravo's "Top Chef" program this fall. The actress, who is well known for her roles in the "Sopranos" and "Goodfellas" has introduced the product to many restaurants, has been working with the company's distributors and importer, and has been an excellent partner who is committed to the success of this product.

Prior to the latest press release, the stock closed yesterday at $1.00 a share.

For an in-depth profile of Straight Up Brands, visit http://www.thenewssvc.com/STRU082906.html

To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.

In case you are not familiar with the company: Straight Up Brands, Inc. develops, produces, and markets branded wine and alcoholic beverages through collaborations with artists, DJs and other influential celebrities. The Company's premium branded products are within three growing categories of the spirits industry: wine, vodka and liqueurs/cordials. The Company's first product brought to market is Bracco Wine; future products include Foxy Brown's sparkling wine, Storm Vodka with DJ Clue, MoMo Mojito with Ja Rule, and Gravity Blue Long Island iced tea with Magic Juan. The Company anticipates adding to these product lines with additional celebrity endorsements prior to the end of 2006, and continuing through 2007. Leveraging the marketing power of artists combined with the current growth and solid profit margins in the spirits industry, the Company is well positioned for strong revenue growth, earnings and success.

Straight Up Brands has distribution contracts with 10 distributors, including Southern Wine and Spirits and Opici and Stoller, who distribute the Company's products in 17 states.

The Coca-Cola Company (NYSE: KO) up 0.9% on 7 million shares traded. The Coca-Cola Company is a beverage company.

Nokia (NYSE: NOK) up 0.4% on 12.9 million shares traded. Nokia is one of the leaders in mobile communications.

Verizon Communications Inc. (NYSE: VZ) up 0.6% on 8.3 million shares traded. Verizon Communications Inc. is one of the leaders in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers.

Market Commentary:

"Oil fell to under $70 per barrel, a five-month low. For October delivery the drop was down 86 cents or $69.75 per barrel. That number hasn't been seen since April of this year," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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