SOURCE: Market Pulse

October 31, 2005 09:02 ET

Market Pulse Breaking News Alert for Monday, Oct. 31, 2005: HVYW - Harvey Westbury Corp. Issues Update on Initiative to Become OTCBB Traded!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA -- (MARKET WIRE) -- October 31, 2005 -- Market Pulse News Alert for this AM, Stocks to Watch are: Harvey Westbury. (OTC: HVYW), Coinstar, Inc. (NASDAQ: CSTR), Calpine Corp. (NYSE: CPN) and Microsoft Corporation (NASDAQ: MSFT).

Investors need to be watching Harvey Westbury Corp. (OTC: HVYW) this AM! Harvey Westbury has been manufacturing, packaging and distributing quality products for the automotive and marine markets for over 30 years. The company's brands of products include Diamond™ oil, air and fuel filters and Garry's Royal Satin™ wax and are world renowned. HVYW also makes Easy-Test DIY tools and kits. Harvey Westbury specializes in private label packaging of its products for both the automotive and marine industry. The company is projecting FY 2005 gross sales of approximately $700,000, and believes they will achieve organic top line growth of 250% for FY 2006, with revenues of $2,000,000 and healthy 40% gross margins. HVYW is poised to become a significant player in the automotive and marine wax and polish industry. HVYW just had excellent news out in a press release before today's opening bell announcing a progress report on its initiative to become listed on the OTC Bulletin Board Exchange! This could be great news for investors!

Harvey Westbury Corp. (OTC: HVYW) today provided a progress report with respect to the initiative underway to bring its accounting current in order to comply with regulatory requirements necessary for listing on the NASADAQ Bulletin Board exchange.

The Company has been working diligently to complete the final accounting component necessary for the exchange migration. Based on last week's meetings, the Company is confident that the accounting will be completed shortly and an update on this matter will be provided within two weeks.

Harvey Westbury CEO, Eugene Chriamonte, commented, "Once the accounting is completed in conjunction with our initial filing we believe that our listing will be approved." He continued, "In terms of everyday operations, we are witnessing stronger demand for our products on a continual basis and will be announcing the release of additional new Harvey Westbury products shortly."

About Harvey Westbury Corp.

Harvey Westbury Corp. is a marine and automotive distributor with corporate offices and warehouse facility in Paterson, NJ. The company's brands of products include Diamond™ oil, air and fuel filters and Garry's Royal Satin™ wax.

Stocks in the news and acting well as of late include: Coinstar, Inc. (NASDAQ: CSTR), Calpine Corp. (NYSE: CPN) and Microsoft Corporation (NASDAQ: MSFT).

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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: Harvey Westbury Corp. compensation from a third party shareholder: one hundred twenty five thousand free trading shares of stock in Harvey Westbury Corp., already delivered from a third party shareholder. To date, MP has sold twenty five thousand shares of stock in Harvey Westbury Corp. for proceeds totaling nineteen thousand and seven hundred dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market-Pulse.com and Market Pulse Breaking News Alert are owned by Market Pulse LLC.

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