SOURCE: The Bellwether Report

June 07, 2005 11:04 ET

BWR Issues Morning Alerts for HLLF, CHINA, ADBL and EGHT

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by The Bellwether Report.

TORONTO -- (MARKET WIRE) -- June 7, 2005 -- The Bellwether Report is the leading online financial newsletter, focusing on small-cap emerging growth opportunities. We strive to introduce investors to truly undervalued opportunities in a time friendly fashion, allowing for optimal entry points and profitable exit points. Today, BWR will be evaluating the mornings four most promising companies on the Nasdaq Exchange and small-cap exchanges. Halal Financial Services (OTC: HLLF), CDC Corp. (NASDAQ: CHINA), 8x8 Inc. (NASDAQ: EGHT) and Audible Inc. (NASDAQ: ADBL). For more information on BWR or any of the above-mentioned companies feel free to visit for a free no obligation 30-day trial of our service.

Halal Financial Services is a company that BWR had the luxury of introducing to subscribers yesterday, the day they began trading. Halal Financial is a unique UK based company providing on and offline Halal Mortgage services to an estimated 2 million Muslim population within the UK. BWR did extensive due-diligence on this company as a private entity and feel that they will continue to have short term and long term success. The company announced today their plans to present at the Islamic Wealth Conference in Geneva, Switzerland on June 8/9th, 2005.

CDC Corporation is trading up 10% today on much higher than average volume. The company announced today, that their subsidiary Pivotal Corp. announced a jointly sponsored healthcare event with Microsoft Corp. that will take place in the renowned Guggenheim Hermitage Museum on June 8, 2005. BWR will be tracking the events that lead up to this event to evaluate how the market will react to this new corporate development.

Audible Inc. announced an exclusive, multifaceted strategic relationship with XM Satellite Radio, causing the market to correct itself positively by 10%. The two companies will be collaborating to offer the first portable, handheld satellite radio devices that are capable of playing both the XM service as well as Audible's spoken-word content, which can be downloaded from the Web into the devices' memory.

8x8 Inc. is showing investors 7% gains today, after announcing that they have launched a co-marketing program with Pitney Bowes Inc., which allows 8x8 to market the Virtual Office business class broadband phone service as well as the Packet8 VideoPhone service to 840,000 PB Direct small business customers. BWR has been optimistic of the VoIP industry and will be monitoring the company's growth over the ensuing months.

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The Bellwether Report to date has not been compensated by any of the above-mentioned companies.

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