SOURCE: Wall Street News Alert

July 13, 2005 08:53 ET

Wall Street News Alert: Breaking Alert for Traders! July 13, 2005

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

WESTON, FL -- (MARKET WIRE) -- July 13, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: MidNet, Inc. (OTC BB: MIDX), AK Steel (NYSE: AKS), Bank of America Corporation stock (NYSE: BAC) and Apple Computers, (NASDAQ: AAPL).

MidNet, Inc. (OTC BB: MIDX) may be appearing on the radar screen of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, creator, owner and operator of The Middle Network™, issued a press release announcing that it has approved the trial version of the patented device-locking solution from Uniloc USA Inc. for use on The Middle Network™.

The news of the integration of Uniloc Patented Security Solution should be welcomed by investors! Uniloc is a leading provider of security technologies for protecting electronic intellectual property. Uniloc's core capability is "Device Locking," a method of uniquely identifying a computing device for the purposes of license enforcement and access security. In other words, the computer becomes the password. Uniloc's technologies can identify an individual computing device with many times the comparable accuracy of human DNA.

MidNet appears poised to take advantage of the security solution! MidNet's integration of Uniloc will allow The Middle Network™ to register standards-compliant video-enabled devices and provide a unified environment to allow those devices to communicate with privacy and security. Once registered, this protection can extend to any network on which the registered device operates, including the Internet. Video-enabled computing devices include all videoconferencing systems, desktop videophones, cellular videophones, or any computer equipped with a camera.

Investors should continue to monitor the progress of MidNet for further developments! On Monday, the company announced that it has entered into an agreement with K&C Tech Inc. of Vancouver, Canada, whereby desktop videophones distributed by K&C will be configured to automatically launch services on The Middle Network™. Taking into account the reputation of K&C Tech, this could great news. K&C is the North American distributor for desktop videophones from Korea-based C&S Technologies, a publicly traded company on the Korean stock exchange. C&S videophones are considered by industry professionals to be among the leading brands available in the world, in terms of picture quality and value. C&S desktop videophones are already established in Japan (over 50,000 units to date), China (over 30,000 units), and the European Community (approximately 30,000 units). In addition, approximately 3,000 units are in use by the United States Government, including the U.S. Air Force and National Guard.

For updated in-depth coverage and a company profile of MidNet, visit

Prior to yesterday's press release, the stock closed at Fifty-Three cents a share.

In case you are not familiar with the company: MidNet is the creator, owner, and operator of The Middle Network™, a commercial complement to the Internet. The Middle Network™ provides high-speed, high-capacity private digital connectivity to companies and individuals who wish to create, manage and distribute valuable intellectual properties.

Stocks showing interesting activity yesterday at the close of the regular trading day were: AK Steel (NYSE: AKS) up 8.3% on 14.3 million shares traded, Bank of America Corporation stock (NYSE: BAC) up 0.3% on 14.6 million shares traded and Apple Computers, (NASDAQ: AAPL) up 0.3% on 13.8 million shares traded.


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