SOURCE: Wall Street News Alert

July 06, 2005 08:43 ET

Wall Street News Alert: EJYM Moves Into Electronic Advertising!

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

WESTON, FL -- (MARKET WIRE) -- July 6, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Enjoy Media Holdings Limited (OTC: EJYM), Sun Microsystems, Inc. (NASDAQ: SUNW), MBNA Corp. (NYSE: KRB) and Time Warner Inc. (NYSE: TWX).

Enjoy Media Holdings Limited (OTC: EJYM) may begin appearing on the radar screens of aggressive investors and day traders! The company recently issued a press release announcing that it is moving into electronic advertising and has teamed up with Guangzhou Hotye Service Limited (Hotye) to sell advertising services via electronic kiosks.

News of the relationship could be welcomed by investors! According to the press release, Hotye maintains 500 self-service kiosks across Guangzhou, in locations such as shopping malls, train stations and office buildings. Each month, over 1.08 million people accessed the kiosks, and conduct over 500,000 transactions, to make payments for utility bills and ticket bookings, which resulting collection of US $4,800,000.

Investors should continue to monitor the progress of Enjoy Media for further developments! The press release also states that in 2004, transactions processed through the kiosks amounted to US $58 million. Enjoy Media will sell advertisements carried on the kiosks in Guangzhou, where the booming restaurant sales reached US $3.6 billion in 2004. Enjoy Media will also sell electronic coupons allowing consumers to redeem them within its restaurant network. Enjoy Media and Hotye agreed to a profit sharing arrangement and expect a boost in revenue from this collaboration.

For updated in-depth coverage and a company profile of Enjoy Media, visit http://www.backissuesofnewsalerts.us/EJYM0705.html

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

In case you are not familiar with the companies: Hotye is the largest provider of electronic self-service kiosks with online booking and payment capabilities in Guangzhou, China. It maintains 500 kiosks placed across the city of Guangzhou, the third largest city in China with population of 10.15 million. The kiosks allow easy payment processing using ATM, charge and credit cards for utility bills, tuition payments, events and transportation bookings. Its clients include China Mobile, China Unicom, ET-china, and municipality bureaus for electricity, transportation, lottery and public schools.

Enjoy Media Holdings Limited (trading in the U.S. on the OTC as EJYM) is an innovative media and advertising company based in Guangzhou, China. Its advertising targets the young urban and white-collar audience. Enjoy Media supplies paper placemat, napkins and other displays that display advertisements, free of charges, to a network of over 1,200 cafes and restaurants in the cities of Guangzhou, Shanghai, Beijing and Shenzhen in China. Its advertising clients include: China Telecom, China Mobile, China Unicom, Wrigley, Siemens, Samsung, Dell, and numerous other consumer brands as well as real estate development companies. Enjoy Media expects to grow its network of restaurants and cafes to more than 4,000 in the next 3 years.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Sun Microsystems, Inc. (NASDAQ: SUNW) down 0.2% on 28.3 million shares traded, MBNA Corp (NYSE: KRB) down 0.9% on 51.9 million shares traded and Time Warner Inc. (NYSE: TWX) down 0.8% on 22 million shares traded.

Commentary:

"The Federal Reserve once again raised rates last week to 3.25%, the 11th time since last June, and the economy grew to an adjusted 3.8% for the first quarter of 2005, according to the Commerce Department. Oil continues to hover anywhere from $59-60 per barrel. These are some reasons that experts say the markets are in for a bumpy ride the last six months," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're interested in telling your story, we can help. Contact us at info@wallstreetnewsalert.com

WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 50 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.

*** Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street! If you receive any such fax, please do not contact us at www.wallstreetnewsalert.com. You may wish to inquire about the fax, with the CEO of the company that the fax is written about ***

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated Fourteen Thousand Dollars for coverage of Enjoy Media Holdings Limited (OTC: EJYM), by a third party (Elite Marketing LLC), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

This release contains "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 and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

Contact Information