SOURCE: Wall Street Press Wire
|
March 25, 2008 09:38 ET
Stock on the Move: UDTT!
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.
MIAMI, FL--(Marketwire - March 25, 2008) - Wall Street Press Wire
(www.WallStreetPressWire.com) is please to highlight its "stocks on the
move" for Tuesday. Our list includes: Universal Detection Technology
(OTCBB: UDTT), Baidu.com, Inc. (NASDAQ: BIDU), The Shaw Group Inc. (NYSE: SGR) and XM Satellite Radio (NASDAQ: XMSR).
Having reported last week it has received a purchase order from its Chinese
distributor for bioterrorism detection kits, Wall Street Press Wire is
continuing its in-depth coverage of Universal Detection Technology (OTCBB: UDTT), a developer of early-warning monitoring technologies to protect
people from bioterrorism and other infectious health threats, and a
provider of counter-terrorism consulting and training services.
Monday after the markets closed, the company issued an important press
release announcing that it has been invited to present the technology
deployed in its BSM-2000 airborne anthrax monitor to the U.S. House of
Representatives Committee on Homeland Security.
This news should be welcomed by the company and its investors, as the press
release states that UDT is one of only 15 companies invited to this
technology fair! The technology fair, sponsored by the Committee on
Homeland Security, will focus on educating members and staff of the U.S.
House of Representatives on current homeland security technologies
available to successfully detect and respond to acts of bioterrorism by
showcasing vendors involved in the production of these technologies. The
vendors include companies involved in the detection of bio-agents in the
air, water and food supply. The fair will take place on April 2nd at the
Rayburn House Office Building Foyer in Washington, D.C.
The tech fair will consist of a breakfast and lunch meeting with
Congressman Bennie G. Thompson as well as officials from the Department of
Homeland Security. Congressman Thompson is the first ever Democratic
Chairman of the Homeland Security Committee, a committee which was created
by the U.S. House of Representatives in 2002 in the aftermath of the
September 11th attacks. As Chairman, Congressman Thompson recently
introduced and engineered House passage of the most comprehensive homeland
security package since September 11th, H.R. 1, the "9/11 Commission
Recommendations Act of 2007."
"We are truly proud to have been invited to present our technology to
Congressman Thompson and to other members of the House as we continuously
seek the government's support in promoting our technology," said Mr.
Jacques Tizabi, UDTT's Chief Executive Officer. "An Independent report by
the U.S. GAO has shown that our detection technology, if used in
conjunction with legacy detection systems, will save the government
millions of dollars in consumables," he added.
Last week, the company announced it has received a purchase order from its
Chinese distributor for bioterrorism detection kits
The purchase order has been placed by Kadinuo Science and Technology in
Beijing. Kadinuo Science and Technology has been active in introduction and
promotion of advanced radiation instruments in the Chinese market for over
10 years. Presently, the company is a strong regional supplier of emergency
nuclear monitors, environmental radiation monitors, decontamination
technologies, and the like.
Wall Street Press Wire's in-depth profile for Universal Detection
Technology is available at:
http://www.wallstreetpresswire.com/page.php?BN_UID=38
The stock closed Monday at under a Penny a share.
About the company: UDTT is a supplier of counter terrorism services and
technologies to private and government organizations. The Company owns the
license to a patented technology developed at NASA's JPL and utilized in
UDTT's BSM-2000 used for autonomous monitoring of the air for presence of
airborne bacterial spores such as anthrax. UDTT also supplies detection
kits for detection of up to 5 bioterrorism agents. Among the Company's
other products are radiation detection systems, educational material &
training DVDs, and antimicrobial chemicals.
Baidu.com, Inc. (NASDAQ: BIDU) up 15.4% on 9.7 million shares traded.
Baidu.com, Inc. is the leading Chinese language Internet search provider.
As a technology-based media company, Baidu aims to provide the best way for
people to find information. In addition to serving individual Internet
search users, Baidu provides an effective platform for businesses to reach
potential customers.
The Shaw Group Inc. (NYSE: SGR) up 2% on 1 million shares traded.
The Shaw Group Inc. is a leading global provider of technology,
engineering, procurement, construction, maintenance, fabrication,
manufacturing, consulting, remediation and facilities management services
for government and private sector clients in the energy, chemicals,
environmental, infrastructure and emergency response markets.
XM Satellite Radio (NASDAQ: XMSR) up 15.4% on 36.4 million shares traded.
XM is America's number one satellite radio company with more than 9 million
subscribers. Broadcasting live daily from studios in Washington, DC, New
York City, Chicago, Nashville, Toronto and Montreal, XM's 2008 lineup
includes more than 170 digital channels of choice from coast to coast:
commercial-free music, premier sports, news, talk radio, comedy, children's
and entertainment programming; and the most advanced traffic and weather
information.
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