SOURCE: IO Circuit

July 27, 2007 06:30 ET

New Analyst Report Issues Price Target of $2.33 to Hemis Corporation (OTC BB: HMSO)

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

LAKE HARMONY, PA--(Marketwire - July 27, 2007) - Hemis Corporation (OTCBB: HMSO) (FRANKFURT: XZA) is pleased to announce that a comprehensive research report on the company and its properties has been issued by Kishan Gupta, CFA issued a price target of $2.33 for HMSO. Hemis is an international resource company with three exploration properties in Mexico and a project in Alaska. According to the World Gold Council (WGC), global demand for gold was at $17.4 billion in 1Q 2007 or 22% higher in dollar terms than 1Q 2006. Hemis is led by an experienced team of exploration geologists, financial professionals, and has extensive international capital markets experience and proven track records. Norman Meier, CEO of Hemis, stated, "We are pleased that someone has taken the time to really understand and recognize the true value of Hemis Corporation."

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