SOURCE: Wall Street News Alert

May 05, 2006 08:33 ET

Wall Street News Alert: Stock Watch Issued on LYJN! May 5, 2006

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

WESTON, FL -- (MARKET WIRE) -- May 5, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Lyric Jeans, Inc, (OTC: LYJN), GiraSolar, Inc. (OTC: GRSR), QUALCOMM Incorporated (NASDAQ: QCOM) and Medtronic, Inc. (NYSE: MDT).

More news from Lyric Jeans, Inc, (OTC: LYJN) should get the attention of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, a cutting-edge premium clothing company, issued a press release announcing that it has entered into a licensing agreement with Universal Music Publishing Group.

News of the agreement may be of interest to investors! With 47 offices in 41 countries worldwide, Universal Music Publishing Group (UMPG) is part of the Universal Music Group and one of the industry's largest global music publishing operations. Owning or administering more than 1 million copyrights, UMPG's writers and catalogs include such artists as: U2, Elton John, 50 Cent, Mariah Carey, Ciara, Dave Grohl, Prince, Diana Krall, Ludacris, Godsmack, Ice Cube, Vanessa Carlton, Mary J. Blige, The Corrs, Eve, Musiq, Jill Scott, Brian McKnight, No Doubt, Blink-182, 3 Doors Down, Beastie Boys, Anastacia, Fatboy Slim, DMX, Gloria and Emilio Estefan, Paul Simon, the catalog of Henry Mancini, among many others.

As part of the deal, Lyric Jeans will utilize the music publisher's expansive song catalog to pull together lyric-inspired high-end clothing packages for UMPG songwriters, planning specific Lyric Culture merchandising programs to high-end retail channels.

Investors should continue to watch the progress of Lyric Jeans! Lyric Jeans is a music driven premium clothing line involving lyrical content on jeans, denim wear and accessories. Each pair of jeans reflects the personality, style and flare of the artist and song through its design. With the vision of fusing the world of music with fashion, Lyric Jeans and Universal Music Publishing Group will employ a cutting-edge design strategy allowing consumers to express themselves stylishly through song lyrics.

Heather Brown, Senior Director, Marketing & Communications, UMPG commented, "Music is the ultimate form of self-expression. Artists have already seen the benefits of band merchandising, and we believe lyric-inspired merchandise is the next logical step in bringing our songwriters new revenue streams. We want to make our lyrics and the artistic vision of our writers available to music fans by combining music and fashion in a groundbreaking way, and the Lyric Jeans packages will be a great channel to do so at retail."

Among the Universal Music Publishing Group clients expected to participate in the program are Aerosmith, KISS, Otis Redding, Steppenwolf, The Beach Boys (Rondor Music International), and more.

Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of Lyric Jeans! Over the past several weeks, the company has made numerous announcements including as it prepares to launch its new product line into the premium denim industry, which over the last few years, has exploded and now accounts for 5% of the $12 Billion retail consumer market! Tapping into the enthusiastic behavior of teens and young women seeking the perfect pair of jeans has been responsible for the growth.

Prior to the latest press release, the stock closed yesterday at around Fifty cents a share.

For an in-depth profile of Lyric Jeans, Inc, visit http://www.thenewssvc.com/LYJN050406.html

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.

Lyric Jeans is the innovator and manufacturer of premium denim wear characterized by a cutting-edge design strategy driven by music and song lyrics. Through the unique fusion of fashion and music, Lyric Jeans utilizes titles from all genres of music as inspiration for the brand, thereby appealing to a cross-section of various tastes and interests and enabling it to market its products on a worldwide platform. The company's strength is in its relationships with the music industry and its ability to access the Hollywood community, tastemakers and trend-setters. Lyric Jeans plans to have showrooms in South Beach, Florida and Los Angeles, California.

GiraSolar, Inc. (OTC: GRSR): Yesterday we reported that GiraSolar stock closed down. This was not the case and was the result of a 5 to 2 forward split. The reporting should have read that GiraSolar stock closed up 5.67% on 68,658 shares traded.

GiraSolar, Inc. owns a majority of GiraSolar BV and its subsidiaries. The company's business consists of developing, marketing, and reselling products in the solar energy industry to customers around the world.

QUALCOMM Incorporated (NASDAQ: QCOM) up 1.1% on 15.7 million shares traded.

QUALCOMM Incorporated is one of the leaders in developing and delivering innovative digital wireless communications products and services.

Medtronic, Inc. (NYSE: MDT) up 0.1% on 6.7 million shares traded.

Medtronic, Inc. is one of the global leaders in medical technology.

Commentary:

"The Labor Department noted that worker productivity increased by 3.2% in the first quarter of 2006. Furthermore, worker labor costs increased by 2.5% in the same period; both numbers were higher than expected. In a separate report, unemployment claims for last week were up by 5,000 to 322,000, the highest level this year," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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