SOURCE: eLocity Inc.

April 26, 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 26, 2005 -- eLocity's stocks to watch for Tuesday are -- Graystone Park Enterprises, Inc. (OTC: GPKE), Bio-Warm Corp. (OTC BB: BOWC), Wireless Xcessories Group, Inc. (OTC BB: WIRX), Double Click, Inc. (NASDAQ: DCLK).

Investors may want to watch Graystone Park Enterprises, Inc. (OTC: GPKE), a company that assists small-business entrepreneurs into growing their companies and reducing pitfalls that normally stall a start-up company. GPKE also plans on acquiring middle-stage companies in need of assistance to dramatically increase its market share, where it will then maintain a substantial percentage of each subsidiary company after it begins trading under its own symbol.

After the closing bell Monday, veteran e-publishing executive David Gray, founder and CEO of Gray Publishing & Media, Inc., a subsidiary of Graystone Park Enterprises, Inc., announced that it has once again aggressively moved into e-publishing with the release of the Casebriefs™ series and its applications. The company said that included in the digital briefs series are some of the most popular titles of law school courses of which Torts, Contracts and Civil Procedure are but a few.

Casebriefs™, founded by Gray in 1995, was the first-ever digital case brief software for law students, the company said, and added that Gray was instrumental in building Casebriefs™ into the leading case brief software being sold in virtually every law school bookstore in the U.S. before selling its assets in 1996 to the largest publisher of law student study aid products. Gray then repurchased Casebriefs™ in 2004.

Gray Publishing & Media, Inc. noted that after his divestment of Casebriefs™ in 1996, Gray founded WizeUp, Inc., another academic e-publishing enterprise, in 1997, which became the world's largest developer and distributor of digital college textbooks.

Gray Publishing & Media, Inc. CEO David Gray said, "Students today are seeking interactive, live content with the ability to specifically customize subject matter as per their professor and also have the ability of meeting their own particular needs. Casebriefs™ provides users with an easy-to-use, highly robust, technology solution."

The company noted that the Web site,, offers for sale the entire first year law school series with 25 digital editions, directly keyed to the most widely used first year law school texts, adding that each digital edition contains hundreds of pages and the entire series contains over 7,000 pages of the most current law student case briefs. Graystone added that the digital editions are being sold in every law school in the U.S.

Shares of Graystone Park Enterprises, Inc. (OTC: GPKE) are trading at around 25 cents a share.

Other stocks making headlines on Monday were:

Bio-Warm Corp. (OTC BB: BOWC)

Bio-Warm Corp announced Monday that it has introduced a breakthrough greenhouse warming system that can save farmers up to 80% energy. The company said that by using an innovative patented technology, its conductive fabrics are buried into the ground to warm the roots of the plants. Bio-Warm Corp. added that the far infrared rays emitted from this system also help the plants grow faster.

Shares of BOWC closed Monday's trading session at $0.126, up 12 percent, on volume of 1.5 million shares.

Wireless Xcessories Group, Inc. (OTC BB: WIRX)

Nationwide cellular phones and other wireless devices distributor, Wireless Xcessories Group, Inc., announced financial results for the first quarter ended March 31, 2005 on Monday. The company reported revenue of $4,955,000, an increase of 57% compared to $3,151,000 for the same period in fiscal 2004. Net income for the quarter was $575,000, or $0.13 per basic and diluted share, an increase of 745% compared to net income of $68,000, or $0.01 per basic and diluted share in the same period for 2004, the company reported.

Shares of WIRX closed Monday's trading session at $4.61, up 1.69 on above average volume.

Double Click, Inc. (NASDAQ: DCLK)

Data and technology solutions provider for marketers, advertising agencies and web publishers, Double Click, Inc., announced Monday that it had signed a definitive agreement to be acquired by private equity firm Hellman & Friedman LLC in a transaction worth $1.1 billion. DoubleClick shareholders would get $8.50 cash for each share, the company said. Double Click added that its existing Zero Coupon Subordinated Notes due 2023 of $135 million would remain outstanding upon the closing the deal.

DCLK closed Monday's regular trading session at $8.12, down 45 cents, on volume of 27.99 million shares.

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