SOURCE: eLocity Inc.

April 19, 2005 07:20 ET

Tuesday's Stock Trading Alert

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

SARASOTA, FL -- (MARKET WIRE) -- April 19, 2005 -- eLocity's stocks to watch for Tuesday are -- WaveScribe International Corp. (OTC: WSBL), NeoMedia Technologies, Inc. (OTC BB: NEOM), Infinium Labs (OTC BB: IFLB), RS Group of Companies, Inc. (OTC BB: RSGC)

Investors, have a look at WaveScribe International Corp. (OTC: WSBL), makers of the Web-based transcription software, WaveScribe. The company announced Monday after the closing bell that since the initial sales campaign of the WaveScribe Platform to transcription service providers, it has entered into negotiations with several International Transcription Providers regarding the licensing and deployment of WaveScribe for their business model.

WaveScribe said that each transcription provider will be able to offer a wide variety of services to their customers by utilizing the WaveScribe platform, with featured services including batch printing, audit trails, version control and dictation services. The company added that time and distance are not a factor for users of the WaveScribe platform, since dictation can be accessed, work performed, and returned to the customer 24 hours a day.

WaveScribe said that it has identified some major impact areas for these special-need customers, including significant licensing fee savings, HIPAA support and maintenance, technology enhancement, and initial capital outlay reduction.

Shares of WaveScribe International Corp. (OTC: WSBL) are trading at around 25 cents a share.

Other stocks making headlines on Monday were:

NeoMedia Technologies, Inc. (OTC BB: NEOM)

Wireless services and patented technologies company, NeoMedia Technologies, Inc., announced Monday that it has named Martin N. Copus as its COO and to the newly created position of chief executive of its PaperClick wireless business unit. The company added that Mr. Copus is a global and interactive marketing executive who has worked with many of the world's leading brands.

Shares of NEOM closed Monday's trading session at $0.332 on volume of 5.596 million shares.

Infinium Labs (OTC BB: IFLB)

Infinium Labs, a company in development of the on-demand The Phantom Game Service, denounced Monday published reports that President and Chief Operating Officer, Kevin Bachus, has left the company to head up a new company called IDV to market a media-on-demand platform for the Chinese market.

Shares of IFLB closed Monday's trading session at $0.182 on volume of 2.596 million shares.

RS Group of Companies, Inc. (OTC BB: RSGC)

Pass-through risk specialty insurance reinsurance products and affinity programs provider, RS Group of Companies, Inc., announced Monday that it has met its financial guidance for its gross profit in fiscal 2004. The company stated that it earned over $6.5 million in operating income for the year ending December 31, 2004.

Shares of RSGC closed Monday's trading session at $0.38 on volume of 2.196 million shares.

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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company." The company received compensation for newsletter and ad services for WSBL (Public Company). The compensation is one thousand dollars from a non-affiliated third party, Segue 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 is 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.

Contact Information

  • Contact:
    eLocity Inc.
    941-544-3498
    Thomas Clay