SOURCE: Wall Street News Alert

Wall Street News Alert

August 14, 2007 09:08 ET

Wall Street News Alert: SDVI Is on the Move! August 14, 2007

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

WESTON, FL--(Marketwire - August 14, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Signature Devices Inc. (PINKSHEETS: SDVI), The Bear Stearns Companies Inc. (NYSE: BSC), EDS (NYSE: EDS) and Sirenza Microdevices, Inc. (NASDAQ: SMDI).

As an official publisher for Nintendo and Sony Entertainment, Signature Devices Inc. (PINKSHEETS: SDVI) should have aggressive investors watching, as the company continues to deliver quality video games to this $30 Billion global market. With a slew of recent press releases, the company is "must see!"

The latest breaking news came Monday, when the company issued a press release announcing 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 could be huge! Graffiti Entertainment plans to publish the game in 2008 on Xbox LIVE Arcade -- the premier destination for digitally distributed, high definition original and classic games. "We are thrilled to develop a title for Xbox LIVE Arcade -- the leading downloadable console games service," says Kenneth Hurley, CEO of both Signature Devices and Graffiti Entertainment. "We are excited to 'jump in' on the Xbox 360 and introduce our title to the millions of gamers around the world playing on the console."

This is additional great news for the company, who also announced last week that it has acquired rights to publish two new games -- "Agent Chewer" and "Arcade Race: Crash!" -- for their upcoming PC digital online distribution system. The company also announced this month that it finalized negotiations with GLOBAL VR, Inc. to develop a new arcade game. The new game will be designed for the VORTEK™ arcade platform and will be ready to ship next year.

According to Monday's press release, the video game market continues to increase, with U.S. sales of software, hardware and accessories amounting to over $12.5 billion in 2006. (source: NPD Dec 2006 Report) Graffiti Entertainment is currently evaluating a number of titles for development and publication on next generation consoles, with plans to have a selection of titles available in 2007.

Graffiti Entertainment shipped "Chain of Command: Eastern Front," "Red Jets" developed for the PC by Interactive Video Games and "Crazy Frog Racer." These games have an MSRP of $19.95 and $9.95. It also has shipped "Back To Stone" developed by Neko Entertainment for the Nintendo Game Boy® Advance hand-held video game system. This game has an MSRP of $29.95.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Signature Devices! Veteran game programmer Kenneth Hurley and several other industry veterans founded Redwood City, CA-based Signature Devices Inc. in 2002. Signature Devices Inc. has a long list of noteworthy PC and Xbox game credits including "SAMURAI SHODOWN V" for Xbox, "King of Fighters '94 Rebout" for Xbox, "Farcry" and "Medal of Honor - Pacific Assault," and many others. In addition, its Graffiti Entertainment subsidiary publishes video games from independent developers. This includes "Crazy Frog Racer" for the PC, "Chain of Command: Eastern Front" for the PC, "Red Jets" for the PC, "Back To Stone" for the Nintendo Game Boy® Advance, and "Mazes of Fate" for the Nintendo Game Boy® Advance.

Prior to the latest press release, the stock closed Monday at Twenty-Three cents a share.

For an in-depth profile of Signature Devices, visit http://www.WallStreetNewsAlert.com/HotStocks/SDVI081307/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.

The Bear Stearns Companies Inc. (NYSE: BSC) down 0.5% on 10 million shares traded. The Bear Stearns Companies Inc. is the parent company of Bear, Stearns & Co. Inc., a leading investment banking, securities trading and brokerage firm. Through Bear, Stearns Securities Corp., it offers financing, securities lending, clearing and technology solutions to hedge funds, broker-dealers and investment advisors.

EDS (NYSE: EDS) up 1.6% on 7.5 million shares traded. EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry 45 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world.

Sirenza Microdevices, Inc. (NASDAQ: SMDI) up 8.5% on 8.1 million shares traded. Sirenza Microdevices is a supplier of radio frequency (RF) components. Headquartered in Broomfield, Colorado, with operations in China, Germany and the U.S., Sirenza and its subsidiary Premier Devices design and develop RF components for the commercial communications, consumer, and aerospace, defense and homeland security (A&D) equipment markets.

Market Commentary:

"It's a big week for inflation watchers as the CPI, Consumer Price Index, for July numbers come out this Wednesday. The PPI, Producer Price Index, on Tuesday. Both indexes are measures of how quickly inflation is rising or falling," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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