SOURCE: eLocity Inc.

April 22, 2008 08:10 ET

Tuesday's Stock Trading Alert

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by eLocity Inc.

SARASOTA, FL--(Marketwire - April 22, 2008) - eLocity's stocks to watch for today are -- Transfer Technology International Corp. (PINKSHEETS: TTIN), SpongeTech® Delivery Systems, Inc. (OTCBB: SPNG), Composite Technology Corporation (OTCBB: CPTC), Seaway Valley Capital Corporation (OTCBB: SWVC):

Investors, have a look at Transfer Technology International Corp. (PINKSHEETS: TTIN). The technology Company announced Monday that it had acquired additional intellectual property rights associated with a long-term rust inhibitor, Extend X.

A commercialized product whose applications include structural steel, marine vessels, offshore structures, storage tanks and pipelines and more, Extend X is believed to have significant advantages in performance over competing products, and is biodegradable and safe for the environment. The company said that samples of ExtendX have been produced and shipped to key companies representing both the coatings and steel industries, and said preliminary comments and assessments thus far have been favorable.

Mr. Chris Trina, Transfer Technology International Corp. Chairman and CEO, commented, "We are thrilled to have acquired U.S. and international intellectual property rights relating to this enormous worldwide market opportunity. We had previously acquired U.S. Patent 7,008,910 and now that we acquired additional pending U.S. and international patent applications our company is in an ideal position to explore licensing opportunities in the marine, structural coatings and ancillary industries. Extend X is a wonderful addition to the Flash OFF technology we recently acquired and we believe that both technologies can create significant opportunities in the expanding 'Green Technology' Global markets."

Transfer Technology International Corp. was formulated on the premise of acquiring, procuring and funding of current technologies, research and intellectual properties for the transference of these technologies for commercialization. The Company intends to generate revenue from a variety of methods including transfer fees, licensing and strategic alliance fees and the sale of intellectual properties.

For more information visit the Company's website at

Shares of Transfer Technology International Corp. (PINKSHEETS: TTIN) closed on Monday at $1.01.

Other stocks to watch:

SpongeTech® Delivery Systems, Inc. (OTCBB: SPNG), a development stage company that designs, produces, and markets a unique line of reusable cleaning products for the automotive aftermarket parts industry, announced on Friday the order of $450,000 of "The Ultimate One-Step Car Wash & Wax System" from a new distributor in Russia. The Company said the Russian distributor opens a new country for the company with 24,000 units ordered. Also on Friday SpongeTech® announced that it had started an advertising campaign on two national radio networks.

SPNG closed Monday at $0.035.

Composite Technology Corporation (OTCBB: CPTC), a company that develops, manufactures and sells innovative high performance electrical transmission and renewable energy generation products through its subsidiaries, announced Monday that its subsidiary DeWind is now offering a complete warranty package for their 2.0 megawatt turbine product line. The Company said that DeWind created the warranty program to provide security to customers and to underscore its commitment to the quality and reliability of the DeWind turbine products.

CPTC closed Monday at $0.94.

Seaway Valley Capital Corporation (OTCBB: SWVC) announced Monday that Patrick Hackett Hardware Company, the company's wholly owned subsidiary, had acquired the franchise rights and opened a RadioShack "store-within-a-store" for its Hackett's in Hamilton, NY. Seaway said the RadioShack store is now the third RadioShack outlet owned and operated by Hackett's.

SWVC closed Monday at $0.0055.

The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, and is hereafter referred to as "the company." The company received compensation for this service for TTIN (Public Company). The compensation is $1,000 from a non affiliated third party, Alex Consulting, Inc. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

The company reserves the right to trade in securities mentioned herein, and may make purchases or sales in such securities featured within our newsletter reports. The information contained in this publication is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. All statements of opinions, if any, (Our Summary) are those of the company.

The company relies exclusively on information gathered on the Public Company, such as public filings, press releases and its web sites. Investors should use the information contained in this publication as a starting point for conducting additional research on the Public Company in order to allow the investor to form his or her own opinion regarding the Public Company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investing in the Public Company that this newsletter is providing service for should be reviewed as speculative and a high risk and may result in the loss of some or all of any investment made in the client. This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended.

The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.

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