SOURCE: Wall Street News Alert

April 12, 2006 09:42 ET

Stock Watch: Small Public Company Signs Acquisition Agreement; Targets China's Renewable Energy Market! April 12, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- April 12, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Vitasti, Inc. (OTC BB: VITS), Conexant Systems, Inc. (NASDAQ: CNXT), Plug Power Inc. (NASDAQ: PLUG) and Nokia (NYSE: NOK).

Vitasti, Inc. (OTC BB: VITS) may be another stock that is a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it has signed an acquisition agreement with Welwind International Energy Corporation (WIEC) for 100% of WIEC's assets in exchange for 11,000,000 restricted shares of Vitasti.

News of the acquisition should get the attention of investors! The company's recent due diligence trip to China with WIEC Management proved to be very successful for the development of wind farm projects. Two contracts were signed by WIEC with the cities of Yangxi and Zhanjiang in the Province of Guangdong. The signed contracts allow WIEC to build 1000 Megawatts of wind power in Guangdong province with a 50 year PPA. The EPC contractor, China Machine International Building Corp., has agreed to provide the engineering, procurement and construction on the projects along with performance bonds. The Zhanjiang Project already has 3 years data for the area and WIEC will conduct due diligence with an engineer to verify the information.

Continue to watch this company! Welwind views wind power as becoming one of the most efficient power sources globally. WIEC was founded in 2005 to build, own and operate wind farms on an international scale. Their current project is to bridge the North America-China link by building wind farms in China beginning along the South China Sea.

Investors should continue to look for news from Vitasti! According to the press release, several other Provinces were visited during the trip and various opportunities are currently being considered for additional wind farm development.

Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of Vitasti! "We are pleased with the results of our recent trip to China and all of the opportunities to be realized. Welwind's relationships and efforts in China are of great asset to Vitasti and its shareholders," says Shannon deDelley, Director, Vitasti Inc.

Electricity consumption in China grew by 10 percent last year raising anew questions about how the country will power its factories, businesses, and homes over the coming decades. China's traditional power choices, coal and hydro, have significant environmental and social repercussions that have become increasingly serious political and economic issues. Natural gas has received much attention lately as an alternative, but renewable energy sources such as wind are also gaining favor.

Prior to the latest press release, the stock closed yesterday at Eighteen cents a share.

For an in-depth profile of Vitasti, visit:

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Conexant Systems, Inc. (NASDAQ: CNXT) down 6.4% on 37.6 million shares traded.

Conexant's innovative semiconductor solutions are driving broadband communications and digital home networks worldwide.

Plug Power Inc. (NASDAQ: PLUG) up 22.5% on 28.5 million shares traded.

Plug Power Inc. is an established leader in the deployment of clean, reliable, on-site energy products.

Nokia (NYSE: NOK) up 3.8% on 22.4 million shares traded.

Nokia is one of the leaders in mobile communications.


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