SOURCE: Wall Street News Alert

Wall Street News Alert

August 01, 2007 08:43 ET

Wall Street News Alert: Investment Alert: ELHI! August 1, 2007

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

WESTON, FL--(Marketwire - August 1, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Edgeline Holdings, Inc. (OTCBB: ELHI), Sun Microsystems, Inc. (NASDAQ: SUNW), Level 3 Communications, Inc. (NASDAQ: LVLT) and Google (NASDAQ: GOOG).

With the worldwide boom in VoIP and IP Telephony, together with its recent acquisition, Edgeline Holdings, Inc. (OTCBB: ELHI) is a new high technology stock that should have aggressive investors watching. Tuesday after the markets closed, this new company, specializing in the area of discovering and acquiring leading-edge niche technologies, issued a press release announcing that its Beta version of its application layer attack sensor (ALAS), which is a key component of its Secure SIP Technology initiative and addresses the billion dollar VOIP market, will be ready for customer evaluation within 60 days.

This technology should excite investors! IP telephony is a revolutionary technology with the potential to completely rework the world's phone systems. It is constantly gaining popularity and the number of IP telephony enabled networks continues to grow rapidly. It should come as no surprise that these networks are a prime target for different types of attacks. IP telephony enabled networks are complex. The potential targets and vulnerabilities are numerous and so are the different types of attacks that might be utilized. The importance of this kind of product to the market is obvious, knowing the availability demands put on the telephony services of today. The Company's approach is unique and Secure Voice is pursuing a patent for this unique technology.

This is great news for the company, as this technology is part of its recent acquisition of Secure Voice Communications, Inc. Within 60 days, the Beta version should be ready for roll-out and pilot site testing at strategic customer sites, several of which have been identified already. Several of these potential customers have received news of the Beta version of the product and are waiting to begin the testing phase as it clearly addresses an area with security breach deficiencies and poor defenses.

This news should also be welcomed by potential customers, as the objective with ALAS is to detect a subset of these attacks, known as flood attacks. These are classified as DoS attacks and builds upon the idea of sending data from one or several attackers at a higher rate than the target can process the received data. This will make the target unable to maintain the intended service level. The flood attacks can be achieved using malicious media flows or by using application and/or transport layer signaling messages.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Edgeline Holdings! Recently acquired, Secure Voice's addressable market is the worldwide commercial and enterprise communications sector. Secure Voice owns copyrighted technology developed and acquired from the University of California, Davis. To date, most information security efforts have been focused on the entire corporate network, with the assumption that if voice runs across the network, it is as safe as other network data. However, cyber crime is getting more sophisticated and voice-specific defensive measures and technologies will be needed moving forward.

Prior to the latest press release, the stock closed Tuesday at $1.05 a share.

For an in-depth profile of Edgeline Holdings, visit http://www.WallStreetNewsAlert.com/HotStocks/ELHI073107/default.aspx

In case you are not familiar with the company: Headquartered in Houston, Texas, Edgeline Holdings, Inc. is a publicly traded holding company that specializes in the area of discovering and acquiring leading-edge niche technologies. These technologies will be incubated and nurtured into market ready applications. Edgeline's current and prospective portfolio consists of early stage companies that require management expertise to further develop the technology to ultimately maximize the value of such technologies by bringing them to market through licensing arrangements and partnerships.

To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.

Sun Microsystems, Inc. (NASDAQ: SUNW) up 4.2% on 230.2 million shares traded. A singular vision -- "The Network Is The Computer" -- guides Sun in the development of technologies that power the world's most important markets. Sun's philosophy of sharing innovation and building communities is at the forefront of the next wave of computing: the Participation Age.

Level 3 Communications, Inc. (NASDAQ: LVLT) up 0.1% on 57.1 million shares traded. Level 3 Communications, Inc., an international communications company, operates one of the largest Internet backbones in the world. Through its customers, Level 3 is the primary provider of Internet connectivity for millions of broadband subscribers.

Google (NASDAQ: GOOG) down 1.1% on 4.2 million shares traded. Google's innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top web property in all major global markets. Google's targeted advertising program provides businesses of all sizes with measurable results, while enhancing the overall web experience for users.

Market Commentary:

"The Commerce Department said that core inflation for personal consumption index was up by only 1.9% for the past year, the slowest in three years and falling in the 1-2% range of comfort that the Fed likes. Core numbers exclude the volatile food and energy data. For June the core number was only up by 0.1%, the fourth month of low increases," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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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 Seventeen Thousand Dollars for coverage of Edgeline Holdings, Inc. (OTCBB: ELHI), by the company, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation 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.

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