SOURCE: Wall Street News Alert

Wall Street News Alert

August 23, 2007 08:33 ET

Wall Street News Alert: Investment Watch: SDVI! August 23, 2007

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

WESTON, FL--(Marketwire - August 23, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Signature Devices, Incorporated (PINKSHEETS: SDVI), EMC Corporation (NYSE: EMC), Comcast Corporation (NASDAQ: CMCSA) and 3M (NYSE: MMM).

Signature Devices, Inc. (PINKSHEETS: SDVI), an official publisher for Nintendo and Sony Entertainment, should have aggressive investors watching, as the company continues to deliver quality video games to this $30 Billion Dollar global market!

Wednesday after the markets closed, the company issued a press release announcing that SNK Playmore has agreed to settle a lawsuit pertaining to breach of contract by SNK Playmore, for the development of video games. Signature Devices, Inc. initiated the lawsuit in 2006.

This is great news for the company, which has previously announced that its interactive entertainment and video game development and publishing subsidiary, Graffiti Entertainment, LLC, has been granted the right to develop a new Xbox LIVE® Arcade game. This week, the company has also announced that 277 million shares of outstanding common stock will be retired in favour of preferred convertible stock, and according to that release, Kenneth Hurly, CEO of Signature Devices, stated, "We are also in the process of PCOAB audits in preparation for becoming a fully reporting company and having our company's stock upgraded."

Commenting on the settlement, Kenneth Hurley, chief executive officer of Signature Devices, Inc., said, "We are pleased with the outcome of this legal proceeding, all of which demonstrates Signature Devices' commitment to defending its rights for compensation under development agreements, thereby protecting the investment of its shareholders, employees and sub-contractors. This settlement shows our commitment to fair and equitable development agreements as both a publisher and developer. It is also a great feeling to be free from pending litigation and to get back to the fundamentals of our business."

Philip Kramer, General Counsel for Signature Devices, Inc., commented, "In the end we received tens of thousands of dollars from SNK to settle the lawsuit. We could have taken this further, but were willing to settle early and have a clean slate with no more pending litigation. If SNK Playmore would have paid as agreed, we could have avoided litigation and saved both companies unnecessary expenditures."

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Signature Devices! Based in Redwood City, Calif., Signature Devices, Inc. creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the company's premier technologies includes a blend of hardware and software for Image generation technology used in video games and simulations. Its wholly owned subsidiary Graffiti Entertainment, LLC is a full service developer and publisher of interactive entertainment software for advanced entertainment consoles. Its focus is on creating, developing, and publishing trend setting titles with mass-market appeal.

Prior to the latest press release, the stock closed Wednesday at Twenty Four cents a share.

For an in-depth profile of Signature Devices, visit http://www.WallStreetNewsAlert.com/HotStocks/SDVI082207/default.aspx

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.

EMC Corporation (NYSE: EMC) up 2.8% on 63.9 million shares traded.

EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information.

Comcast Corporation (NASDAQ: CMCSA) up 1.9% on 31.3 million shares traded.

Comcast Corporation is the nation's leading provider of cable, entertainment and communications products and services. With 24.1 million cable customers, 12.4 million high-speed Internet customers, and 3.5 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.

3M (NYSE: MMM) up 1.2% on 3 million shares traded.

Every day, 3M people find new ways to make amazing things happen. Wherever they are, whatever they do, the company's customers know they can rely on 3M to help make their lives better. 3M's brands include Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti. Serving customers around the world, the people of 3M use their expertise, technologies and global strength to lead in major markets including consumer and office; display and graphics; electronics and telecommunications; safety, security and protection services; health care; industrial and transportation.

Market Commentary:

"The housing market's problems continue to pile-up. The Mortgage Bankers Association said that last week there was a decline of 5.5% in new mortgage filings from the previous week. Home builder Toll Brothers reported they had an 85% drop in profit from their latest quarter, and a loss of $33.2 million," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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