SOURCE: eLocity Inc.

March 31, 2005 07:16 ET

March 31st Stock Trading Alert

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by eLocity Inc.

SARASOTA, FL -- (MARKET WIRE) -- March 31, 2005 -- eLocity's stocks to watch for Thursday are -- SoftNet Technology (OTC BB: STTC), Travelzoo, Inc. (NASDAQ: TZOO), TASER International, Inc. (NASDAQ: TASR), Jacada Ltd. (NASDAQ: JCDA)

Investors may want to have a look at SoftNet Technology (OTC BB: STTC). On Wednesday, the company announced that it has and will generate more revenue than ever recorded in a 30 day period for the month of March. Additionally, the Company said it will record more revenue in the first quarter than ever recorded in any one quarter before.

SoftNet Technology said that two of its wholly owned subsidiaries, Indigo Technology and WholesaleByUs, have ramped up their operations in the past 90 days to accelerate revenues at a quickened pace. The company said that each of the subsidiaries will generate their best performance for one quarter (this first quarter), in their respective histories, and added that, more impressively, Indigo and WBU each will have generated more than 50% of their total revenues for the quarter in just the month of March. SoftNet Technology as a company said it is expecting to generate approximately $200,000 in sales for just the month of March, the best one month in the company's history. STTC added that its wholly owned subsidiary, (WBU), individually will generate record revenues for the month of March, with total Internet sales for the month far exceeding $150,000. The company said that more than two thirds of the revenues in March were generated, astonishingly, in the second half of the month, made possible from all of the technology and procedure changes that were made in December 2004 and January 2005.

In other Company news, STTC announced that its subsidiary, Solutions Technology, has hired sales people in an initial effort to begin a large scale rollout of the SecureTime System. The company said that final programming adjustments are being made as well for SoftNet International GmbH in preparation of turning the WBU System live in foreign countries with products for sale from those foreign jurisdictions. The company noted the Media Blitz with TVA productions has begun and will ramp up and be in full swing over the next 30 days.

Shares of STTC closed Wednesday's trading session at $0.215.

Other stocks making headlines on Wednesday were:

Travelzoo, Inc. (NASDAQ: TZOO)

Travelzoo, Inc. was upgraded Wednesday by Susquehanna Financial, raining its rating from a 'Net Negative' to a 'Net Neutral'. Also on Wednesday the publisher of travel offers Travelzoo, Inc. announced it will release its financial results for the first quarter ended March 31, 2005 before the market opens on Wednesday, April 13, 2005.

Shares of TZOO closed Wednesday's regular trading session at $52.85, up $10.60, on volume of 2.94 million shares.

TASER International, Inc. (NASDAQ: TASR)

Non-lethal defense products manufacturer TASER International, Inc. announced Wednesday that the Potomac Institute for Policy Studies report concerning the efficacy and safety of electrical stun devices concluded that while further medical testing should continue, stun technology is relatively safe and clearly effective when used appropriately. The company noted that the Potomac Institute strongly recommends additional research conducted at the organism, organ, tissue, and cell levels.

Shares of TASR closed Wednesday's regular trading session at $12.44 on volume of 8.57 million shares.

Jacada Ltd. (NASDAQ: JCDA)

Jacada Ltd. announced Wednesday that it has entered into an enterprise license agreement with a large telecommunications provider. The company said that it expects to increase its earnings by several million dollars in its forthcoming quarters, as a result of this agreement, which will not affect 2005 first quarter results.

Shares of JCDA closed Wednesday's regular trading session at $2.54 on volume of 3.37 million shares.

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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company." The company received compensation for newsletter and ad services for STTC (Public Company). The compensation is three thousand six hundred dollars from a non-affiliated third party, Equity Alliance. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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    Thomas Clay