SOURCE: IO Circuit

September 12, 2006 07:10 ET

Market Advisor Analyst Report Issues Intermediate Price Target of $3.25 for RENG

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

LAKE HARMONY, PA -- (MARKET WIRE) -- September 12, 2006 -- Radial Energy, Inc. (OTCBB: RENG) is in the business of acquiring and developing low risk oil and natural gas exploration and development opportunities throughout the Americas. The company's original business has grown into a diversified portfolio of independent exploration and production companies with oil and natural gas assets throughout North, Central and South America. Their success has come in their ability to identify previously drilled exploratory wells that weren't fully developed by the companies that initially drilled the wells. This is a viable strategy in today's oil and gas sector as it allows the company to target overlooked and underdeveloped reserves. Large companies are at a distinct disadvantage for smaller companies as they are not able to move as fast when it comes to identifying opportunities, funding of projects, and as such, faster in the development of the assets. This was recently demonstrated by the company's Peru and Texas acquisitions.

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Other active stocks are U.S. Energy Corp. (NASDAQ: USEG), Olympic Steel, Inc. (NASDAQ: ZEUS) and Atmel Corporation (NASDAQ: ATML).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $500.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.

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