SOURCE: eLocity Inc.

May 03, 2005 07:00 ET

Tuesday's Stock Trading Alert

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

SARASOTA, -- (MARKET WIRE) -- May 3, 2005 -- eLocity's stocks to watch for Tuesday are -- Gaming Transactions, Inc. (OTC: GGTS), SmarTire Systems, Inc. (OTC BB: SMTR), NeoMedia Technologies, Inc. (OTC BB: NEOM), Primus Telecommunications Group Inc. (NASDAQ: PRTL).

Investors may want to watch Gaming Transactions, Inc. (OTC: GGTS), a leading provider and developer of online games and services for the online entertainment and gaming industries. Monday, the company announced that it has launched its first version of www.KenoBook.com, the second wagering portal to be launched by the company.

Gaming Transactions, Inc. said that Kenobook.com offers a full range of sports betting options and an extensive number of betting types including straight bet, parlay, over/under, money-line, and teasers. The company added that the site showcases every North American sport from baseball to basketball to boxing, as well as soccer lines from over 60 different countries. The company noted that, according to Christiansen Capital Advisors, the SportsBook industry is valued at $8 billion, and growing at an unprecedented rate with the expansion of the Internet into emerging markets.

Under the terms of a previously announced agreement with FutureBet Systems Ltd., Gaming Transactions said it will be building a second version of the site with its own branded betting lines early this quarter. The company said that Kenobook.com's customers will have access to the same sports odds lines that are used by several of the top Las Vegas books.

Gaming Transactions, Inc. CEO Patrick Smyth commented, "Although men still dominate the gaming world, the majority of mainstream online game players are women. Over 55% of all activity on the five largest game sites for the month of August 2004 was by women. However, the Keno demographic is skewed towards males aged 25 to 45 years, with some college education. This provides the Company with the potential for increasing product offerings as our player database will have a greater proportion of males than other gaming sites. And following that logic, the Company believes that it will be able to convert a good proportion of its players into sports punters at Kenobook.com."

Shares of Gaming Transactions Inc. (OTC: GGTS) are trading at around 74 cents a share.

Other stocks making headlines on Monday were:

SmarTire Systems, Inc. (OTC BB: SMTR)

SmarTire Systems, Inc., a developer and marketer of proprietary advanced tire pressure monitoring and technology systems, announced Monday that ICA Security Systems, the largest manufacturer and distributor of motorcycle alarms and anti-theft systems in the French market, is distributing its SmarTire for Motorcycles product in France. The company said that SmarTire for Motorcycles is an active tire pressure and temperature monitoring system that provides real-time tire information to the rider while the bike is in motion.

Shares of SMTR closed Monday's trading session at $0.184, up 0.029, on volume of 31.7 million shares.

NeoMedia Technologies, Inc. (OTC BB: NEOM)

NeoMedia Technologies, Inc., a developer and international marketer of software and patented technologies, announced Monday that it has signed a non-binding Letter of Intent with the Jinche Yingang Automobile Co. of Beijing to bring its NeoMedia Micro Paint business to the People's Republic of China.

Shares of NEOM closed Monday's trading session at $0.722, up 0.104, on volume of 17.2 million shares.

Primus Telecommunications Group Inc. (NASDAQ: PRTL)

Integrated communications services provider, Primus Telecommunications Group Inc., announced financial results for the first quarter Monday, reporting an adjusted net loss of $31 million, or $0.35 per share, compared to net income of $6 million, or $0.07 per share, last year. Net loss for the quarter increased to $35 million, or $0.38 per share, from $10 million, or $0.11 per share, in the same quarter last year.

Shares of PRTL closed Monday's regular trading session at $0.77 on volume of 9.2 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 GGTS (Public Company). The compensation is one thousand dollars from a non-affiliated third party, Automic. 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.

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Contact Information

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    eLocity Inc.
    941-544-3498
    Thomas Clay