SOURCE: eLocity Inc.

June 29, 2005 11:02 ET

Wednesday's June 29th 2005 Stock Trading Alert

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by eLocity.

SARASOTA, FL -- (MARKET WIRE) -- June 29, 2005 -- eLocity's stocks to watch for Wednesday are -- VIASPACE Inc. (OTC BB: VSPC), Net2Phone, Inc. (NASDAQ: NTOP), StemCells, Inc. (NASDAQ: STEM), TelePlus Enterprises, Inc. (OTC BB: TLPE).

Investors may want to have a look at VIASPACE, Inc. (OTC BB: VSPC), a spin-off of Caltech/NASA's Jet Propulsion Laboratory that transforms proven space and defense technologies into hardware and software products that solve today's complex problems. VIASPACE is a diversified technology company with unparalleled knowledge and expertise in energy/fuel cells, microelectronics, sensors, homeland security & public safety, information & computational technology, and RFID.

VIASPACE Inc. announced Wednesday that its wholly owned subsidiary, Arroyo Sciences, has entered into an expanded collaboration agreement with Germany based Atlas Elektronik GmbH (www.atlas.de) to develop and commercialize the next generation Risk Assessment and Decision Support system for maritime security applications. Atlas Electronik is a wholly owned subsidiary of British Aerospace Systems, supplying naval and maritime systems and non-military vessel traffic systems.

VIASPACE said the collaboration is directly responding to an increased global awareness of serious gaps within maritime security infrastructure and the potential for commercial damage from this threat. The companies had previously entered into an agreement in January 2004 to jointly develop an overall product strategy for an end-to-end Seaport Threat Assessment & Reconnaissance System.

The project, code named COBRA (Surveillance Collection Outcomes and Early Warning Based on Dynamic Risk Assessment), will lead to a software system to support Command and Control operators and decision makers in providing early threat indicators based on fusion of real-time surveillance data to increase the effectiveness of Risk Assessment, VIASPACE explained, exploiting recent advances in surveillance sensor technologies such as radar, sonar, and thermal imagers, distributed sensor placement architectures and real-time sensory data processing to reliably discriminate between "friend" and "foe." The company added that COBRA is designed to operate as either a stand-alone risk assessment/advisory engine or as an integrated embedded component within an overall system architecture.

Shares of VIASPACE Inc. (OTC BB: VSPC) are currently trading at around $2.80.

Other stocks making Headlines:

Net2Phone, Inc. (NASDAQ: NTOP)

Telecommunications services provider IDT Corporation announced Tuesday that it will offer to purchase Net2Phone Inc.'s remaining common stock outstanding for $1.70 per share in cash, without interest. IDT Corp. currently owns 2.8 million shares of Net2Phone common stock.

NTOP closed Tuesday's regular trading session at $1.41. IDT closed the session at $13.00.

StemCells, Inc. (NASDAQ: STEM)

Biotechnology company StemCells, Inc. announced Wednesday that it has been included in the Russell 3000 Index.

STEM closed Tuesday's regular trading session at $4.12.

TelePlus Enterprises, Inc. (OTC BB: TLPE)

Wireless and landline communications products and services provider, TelePlus Enterprises, announced Tuesday that its subsidiary, TelePlus Connect Corp., has reported that the integration of the newly completed acquisitions is proceeding as planned.

TLPE closed Tuesday's trading session at $0.43.

About eLocity Inc: eLocity owns and operates three financial websites for investors.

-PennyPicks.com, http://www.pennypicks.com/. Featuring active message boards for the penny stock trader, rumors and more.

-StockGrid.com, http://www.stockgrid.com/. Visit this site for our daily top stock "GRID Makers." We rank stocks on volume, message board activity, sentiment and trend forecast.

-Bell2Bell.com, http://www.bell2bell.com/. Bell2Bell features news stories, rumors, the InvestBoard and more.

Sign up for FREE at any of the sites above.

The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company." The company received compensation for newsletter and ad services for VSPC (Public Company). The compensation is twenty-five thousand dollars from MK Group. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

The company reserves the right to trade in securities mentioned herein, and may make purchases or sales in such securities featured within our newsletter reports. The information contained in this publication is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. All statements of opinions, if any, (Our Summary) are those of the company.

The company relies exclusively on information gathered on the Public Company, such as public filings, press releases and its web sites. Investors should use the information contained in this publication as a starting point for conducting additional research on the Public Company in order to allow the investor to form his or her own opinion regarding the Public Company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investing in the Public Company that this newsletter is providing service for should be reviewed is speculative and a high-risk and may result in the loss of some or all of any investment made in the client. This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended.

The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.

Contact Information

  • Contact: eLocity Inc.
    941-544-3498
    Thomas Clay