SOURCE: IO Circuit

August 30, 2006 09:27 ET

(OTC: ECFL) Receives $6 Price Target From Investment Strategies

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit

LAKE HARMONY, PA -- (MARKET WIRE) -- August 30, 2006 -- eCarfly, Inc. (PINKSHEETS: ECFL) recently announced the company has received an analyst report and Price Target of $6 from Investment Strategies. "Currently we are working on forming partnerships and business deals with some very large companies that will help us generate revenues needed to justify our $6.00 price target. I personally think it won't be too long before we're there," stated Desmond Milligan, eCarfly, Inc. CEO.

To read the complete release, go to http://biz.yahoo.com/bw/060801/20060801005529.html?.v=1

Other active stocks are Versant Corporation (NASDAQ: VSNT), Merge Technologies Inc. (NASDAQ: MRGE) and ADC Telecommunications, Inc. (NASDAQ: ADCT).

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