SOURCE: Wall Street News Alert

October 26, 2005 08:37 ET

Wall Street News Alert: Emerging Public Company Secures $1.1 Million in Financing!

WESTON, FL -- (MARKET WIRE) -- October 26, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: ESPION International, Inc. (OTC: EPLJ), Lucent Technologies (NYSE: LU), eBay (NASDAQ: EBAY) and JDA Software Group Inc. (NASDAQ: JDAS).

Email Security Appliance make ESPION International, Inc. (OTC: EPLJ) may be on the screen of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it has secured $1.1 Million in Funding.

The funding announcement may get the attention of investors, as the company has received $607,000 in funding from several investors, including Bellwether Venture Capital Fund, Inc., and has secured a commitment of over $518,000 more in the next few months.

Continue to watch this company! Ryan Smith, Bellwether Venture Capital Fund President, has joined EPION as acting President and will serve on the Board of Directors. "Initial capital funds will be used to expand the marketing effort and allow us to continue to develop applications for ESPION's proprietary artificial intelligence engine," said Mr. Smith.

Investors should continue to monitor the progress of ESPION as the company continues to expand its artificial intelligence engine! CEO Drew Burdsall stated, "ESPION's proprietary Probabilistic Reasoning engine (EPR) makes it one of the first true artificial intelligence (AI) based solutions to stop the plague of unwanted emails. The ESPION Interceptor is bundled with EPR technology and is available to small businesses and enterprise level users. Our research and development labs in Baton Rouge, Louisiana are presently working on other predictive AI based solutions. Their current focus is on developing adaptive AI based solutions to monitor incoming and outgoing email content to help ease the burden of Rule 404 Sarbanes-Oxley compliance and HIPAA compliance." Mr. Burdsall continued, "We look forward to unveiling new applications utilizing variants of our AI technology in the near future."

Prior to the latest press release, the stock closed yesterday at $1.95 a share.

For an updated and in-depth profile of ESPION International, visit http://www.backissuesofnewsalerts.us/EPLJ1025.html

In case you are not familiar with the company: Espion International, Inc. the creator of the Espion Probabilistic Reasoning Engine (EPR) which integrates the Industries leading solution in Artificial Intelligence for a compact, more efficient, and effective security solution. This unique, proprietary technology allows the Espion Interceptor to learn and adapt to an organization's email flow without slowing or growing over time. This solution has been effectively applied in an email gateway security platform (ESPION Interceptor), and now has been adapted to assist organizations with regulatory compliance in areas such as HIPAA, GLBA, and Sarbanes-Oxley. The EPR system is hyperseeded with collective knowledge of over 1 billion known patterns of valid emails and spam. Independent third party testing results show the Interceptor as the industry leader in accuracy and performance.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Lucent Technologies (NYSE: LU) down 1.5% on 60.9 million shares traded, eBay (NASDAQ: EBAY) down 3.5% on 31.2 million shares traded and JDA® Software Group Inc. (NASDAQ: JDAS) up 9.6% on 2.2 million shares traded.

Commentary:

"Hurricanes Katrina and Rita triggered a surge in layoffs in September, with large-scale job cuts jumping to their highest level in nearly four years. Employers announced 2,069 mass layoffs last month, an increase of more than 80 percent from August, the federal Bureau of Labor Statistics said Tuesday," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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