SOURCE: IO Circuit

June 27, 2007 06:30 ET Stock Alert! Bridge IR Initiates Price Target for nCoat, Inc. (OTC BB: NCOA)

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA--(Marketwire - June 27, 2007) - This week, nCoat, Inc. (OTCBB: NCOA) revealed that research firm, Bridge IR, has initiated their equity rating on NCOA. nCoat, Inc. is an emerging nanotechnology company focused on development and marketing of coatings applied to metal, ceramics, fabric, and other materials. Bridge IR is recognized for their work with account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. Paul S. Clayson, Chairman/CEO of nCoat stated, "We believe the market will further recognize our progress as we complete the accretive acquisition of MCCI and as we continue penetrating industries like aerospace companies where we provide cutting-edge, custom formulated specialty coatings for space and high altitude travel. Recently, testing was performed for NASA involving thermal barrier coatings designed to enable the fuselage of spacecraft to endure exposure to 4,200 degrees F for a period during orbital re-entry."

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Other active stocks are Cell Therapeutics, Inc. (NASDAQ: CTIC), American Software, Inc. (NASDAQ: AMSWA) and Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD).

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