SOURCE: Wall Street News Alert

March 16, 2005 08:33 ET

Wall Street News Alert: EMTK Announced President and CEO!

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

WESTON, FL -- (MARKET WIRE) -- March 16, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: E Mobile Information Technologies (OTC: EMTK), Symantec Corporation (NASDAQ: SYMC), Nortel Networks Corporation (NYSE: NT) and Micron Technology, Inc. (NYSE: MU).

Aggressive investors and traders should be watching E Mobile Information Technologies (OTC: EMTK) this morning! Recently, the company issued a press release announcing the appointment of Phillip Barber to the positions of President, Chief Executive Officer, Director and Vice Chairman of the Board of Directors. Additionally, Mr. Barber shall assume the duties as President and CEO of RF Tune, one of two wholly owned subsidiaries of the company, the other being CHL Technologies. Both subsidiaries have been positioning themselves as major contributors, and ultimately leaders within their niche of the wireless industry.

This could be good news for investors! According to the company press release, Dr. Nan Hu, founder of the company, acknowledged the experience and the abilities of Mr. Barber as he ascends to the company's top positions. Dr. Hu stated that, "First and foremost, Mr. Barber brings with him experience, dedication and respect as consultant, lecturer and chairman of select committees in various professional organizations and as founder and CEO of Broadband Mobile Technologies, Inc., a pioneer in 4G technology. His relationships with representatives of leading telecommunications companies will serve E Mobile well." As part of Mr. Barber's engagement, E Mobile has signed a Letter of Intent to acquire Broadband Mobile Technologies, which will be acquired in a deferred transaction.

As part of the transition, Dr. Hu retains his role as Chairman of the Board of Directors and President and CEO of the CHL subsidiary. Added to this role within the company, Dr. Hu assumes the new corporate post of Executive Vice President, Carrier Content Services.

Keep your eyes open for future developments! Asserting his intention to address the current status of the company and his vision for its future in appropriate detail, Mr. Barber announced that E Mobile management will be conferring with the company's investors through a teleconference, the date and time to be determined.

The stock closed yesterday at Three cents a share.

In case you are not familiar with the companies: E Mobile is an emerging leader in the broadband mobile content market through its operating subsidiary CHL Technologies. Taking a different road from most application and content groups whose primary focus is Java, SMS and MMS, CHL focuses on developing and distributing innovative mobile applications and wireless value added services for Smartphones, Symbian, KJava, and Pocket PC. The result is that CHL Technologies is ahead of its competitors in ready applications and content for these new systems putting the company in an excellent position for the emerging 3G content market. CHL has committed to becoming the leading provider of these high tech content services internationally. For more information, please visit and

E Mobile's wholly owned subsidiary RF Tune is a fabless RF IC development stage manufacturing company, transitioning to operating status. RF Tune has wireless system, technology agnostic patent pending beam forming (MIMO) intellectual property, chip design, and ICs for the 802.11/Wi-Fi market, with chips for the cellular and 802.16/WiMAX market in development. For more information on RF Tune visit

Stocks showing interesting activity yesterday at the close of the regular trading day were: Symantec Corporation (NASDAQ: SYMC) down 1.5% on 13.6 million shares traded, Nortel Networks Corporation (NYSE: NT) down 3% on 11.3 million shares traded and Micron Technology, Inc. (NYSE: MU) down 1.3% on 8.5 million shares traded.


"U.S. retail sales were up 0.5 percent in February, according to the Commerce Department. Clothing, electronics, gas, and food outside of the home (restaurants) pushed up the numbers," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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

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 40 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at 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 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. For present and future services, including dissemination of company information in this release, WSCF has been compensated Twenty-One Thousand Dollars for coverage of E Mobile Information Technologies (OTC: EMTK), by third party (Everett Group Inc.), who is non-affiliated and may hold a significant position in the stock. In 2004, WSCF was compensated for previous services performed for E Mobile Information Technologies; for information on that compensation contact us at 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