SOURCE: Nayna Networks

March 06, 2006 15:23 ET

Nayna Networks Coverage Initiated by Spelman Research

Independent New York Research Firm -- Tracking & Reporting on Nayna Networks

SANTA CLARA, CA -- (MARKET WIRE) -- March 6, 2006 -- Nayna Networks, Inc. (OTC BB: NAYN), a provider of next generation network solutions, today announced that Spelman Research Associates, Ltd of New York (www.spelmanresearch.com) has initiated coverage of Nayna Networks.

Spelman Research's team of experienced securities analysts offer expert, fundamental research on growth public companies. Research reports and recommendations by Spelman research are used by both institutional and individual investors to obtain accurate, independently compiled securities data.

"In many years, micro cap and small cap stocks have out-performed large and mid-cap companies," said Guy Cohen, president, Spelman Research Associates. "Broadband access is a hot market segment right now so we are expanding our coverage in that market segment. Companies such as Nayna have the potential for rapid growth, so I recommend potential investors to investigate thoroughly the opportunities in this market." Investors seeking a copy of Spelman's reports and recommendations on Nayna Networks can do so by directly contacting Spelman Research at Phone: 212-537-6543 or www.spelmanresearch.com.

About Nayna Networks, Inc.

Nayna Networks, Inc. delivers next generation network solutions. More information is available at http://www.nayna.com/.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. For more information regarding Forward-Looking Statements and related risks, see the "Risk Factors" section of Nayna's filings with the SEC. The company undertakes no obligation to revise or update any forward-looking statements for any reason.

Spelman Research has received from Nayna Networks $26,500 for a full year of coverage that includes initiation and update reports. For complete details refer to the disclaimer details in each report.

All products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.

Contact Information

  • Contact Information:

    Nayna Networks, Inc.
    Jim Connor
    408-956-8000 x831
    Email Contact

    Spelman Research Associates, Ltd.
    Guy Cohen
    212-537-6543