Stocks to Watch: nCoat, Inc. (OTCBB: NCOA), Pegasus Wireless Corporation (OTC BB:PGSW) , Targacept Inc. (Nasdaq:TRGT), Reed's, Inc. (OTC BB:REED) , Building Materials Holding Corporation (NYSE:BLG)
Featured Stock: nCoat, Inc.
(OTCBB: NCOA)
Current Price (0.54)
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nCoat Subsidiary HPC's Fluoropolymer Coatings Provide Unmatched Performance on Diesel Engine Pistons
Monday July 30, 4:30 pm ET
WHITSETT, NC--Jul 30, 2007 -- nCoat, Inc. (OTC BB:NCOA.OB - News) ("nCoat" or the "Company") has announced through its operating subsidiary, High Performance Coatings (HPC), a new customer relationship with SoCal Diesel (http://www.socaldiesel.com), located in Valencia, California, which specializes in Duramax diesel performance components. HPC applies heat and corrosion management and friction reduction coatings to internal diesel engine components.
HPC coats the skirts of SoCal Diesel pistons with improved "S Series" fluoropolymer dry film coating containing PTFE additives. Using HPC's lubritic coatings, SoCal Diesel has seen reduction in metal to metal surface friction thereby reducing wear on the piston, and helping seat the piston during the break in period on the engine. HPC also coats the combustion sides of the diesel engine pistons with "H Series" heat management coatings which distributes combustion cycle heat evenly across the entire crown of the piston. This reduces any hot spots and thermal oxidation effecting piston top surfaces. H series is an inorganic ceramic metallic coating that also provides excellent thermal shock characteristics when tested at > 1000F to 65F in water quench tests.
"HPC has deep and extensive market presence in solving diesel engine operating and performance challenges for both performance aftermarket and OEM market segments," said Paul Clayson, CEO nCoat, Inc., parent company of HPC. "SoCal Diesel is one of the true innovators in diesel engine performance components. Integrating HPC products as a true innovator of performance coatings creates a powerful combination."
In June of 2006, Guy Tripp launched "Advanced Motorsports Technology" and its subsidiary "SoCal Diesel." Prior to founding SoCal Diesel, Tripp and his team had already developed, manufactured, and released their LS-1 Gen 3 aluminum cylinder head line to the gasoline engine market. These were the first aftermarket aluminum cylinder heads for the Gen 3 engine, they were emission legal, and they featured many innovative qualities. The cylinder heads quickly became the "must have" item as a solution for any serious LS-1 build up. Among Tripp's many innovations was a fully robotic manufacturing process. SoCal Diesel was also the first to release CNC ported Duramax cylinder heads to the market. SoCal Diesel has worked very closely with the EFILive team in New Zealand to make Duramax engine tuning software available to the general public.
HPC's innovative coatings technologies, including many nano-technology applications, provide a high gloss performance finish that maintains luster under high heat conditions. HPC's engineering and research and development departments provide cutting edge coatings that can perform at the increasing demands of today's environments.
About HPC, Inc.
High Performance Coatings, Inc., a wholly owned subsidiary of nCoat, Inc., has been an integral part of the automotive motor sports industry since 1982. The company has coated parts for multiple Motor sport Hall of Fame inductees as well as land and air speed world record holders. This rich racing heritage has led HPC to be nicknamed 'The Choice of World Champions.' HPC develops, manufactures, and applies coating (surface treatment) solutions for thermal management, anti-corrosion, friction reduction, bond strength, and appearance. HPC is a particular market leader in internal and external engine parts coatings in automotive and diesel engines. At HPC, there IS a difference... and the difference is superior performance.
About nCoat, Inc.
Formed in 2004, nCoat, Inc. is an emerging nanotechnology company with new nano-formulated and traditional coatings that make it an international leader in the development and marketing of coatings applied to metal, ceramics, fabric, and other materials. The company specializes in nanotechnology research, commercialization, licensing, and distribution, and through its subsidiary companies develops and distributes commercially viable proprietary nanotechnology and traditional coatings products. At nCoat, we invite the world to "Innovate with us..."
Forward-Looking Statements
Except for statements of historical fact, the information presented herein may contain forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which nCoat, Inc. has little or no control.
ON BEHALF OF THE BOARD
nCoat, Inc.
Paul S. Clayson, Chief Executive Officer
Contact:
Source: nCoat, Inc.
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Pegasus Wireless Corporation
(OTC BB:PGSW)
Current Price (0.11)
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PALM BEACH, FL---Jul 30, 2007 -- Pegasus Wireless Corporation (OTC BB:PGSW.OB - News) announced today that a preliminary Proxy Statement was filed with the SEC on Friday, July 27, 2007. Pegasus Wireless Corp. engages in design, manufacture, and marketing of wireless hardware and software solutions for broadband fixed, portable networking, and Internet access worldwide. It offers various products in three application areas: indoor and outdoor wireless networking, industrial wireless networking solutions, and wireless multimedia/video networking solutions. The company offers TRIMAR and AVCW series of outdoor wireless Ethernet bridge products, which are used by Internet service providers to offer Internet access to their customers wirelessly. The AVCW series of products are also used by business customers and schools to interconnect computer networks in various buildings. Pegasus Wireless also offers ASR and ACR indoor wireless products, which are used in the wireless local area networks by office and home users to interconnect computers without having to deploy cables. ASR and ACR indoor wireless products are also used to enable wireless printing, connecting computers, and network printers. In addition, it offers WiSER series wireless serial radios that are used by teachers in schools to wirelessly interconnect interactive whiteboards to the computers in the classrooms, as well as used by industrial users to connect central control computer to the remote data collecting and sensing devices; and CynaLynx, which plays DVD movies wirelessly. Further, the company offers WiJET series of products that are used by presenters in a business meeting or teachers in the classroom to deliver their PowerPoint slide shows to the audience with their computers wirelessly connected to the projector; and enable home users to deliver movie files stored on their computer hard drives to an liquid crystal display or plasma flat panel television wirelessly. Pegasus Wireless Corp. is headquartered in Fremont, California.
Targacept Inc.
(Nasdaq:TRGT)
Current Price (10.52)
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NEW YORK July 27 -- Targacept Inc. and GlaxoSmithKline inked a drug development deal Friday that could net the small biotechnology company up to $1.5 billion over the course of collaboration. Targacept, Inc., a biopharmaceutical company, engages in the design, discovery, and development of drugs for the treatment of multiple diseases and disorders of the central nervous system. As of December 31, 2006, the company had four clinical-stage product candidates and three preclinical product candidates in its product portfolio. Its product candidates are in development as treatments for target indications in three therapeutic areas: cognitive impairment, depression and anxiety, and pain. The company principally offers Inversine, which is approved for marketing for the management of moderately severe to severe essential hypertension, a high blood pressure disorder. Its product candidates include TC-1734, a Phase II clinical trial completed product for the treatment of Alzheimer's disease, cognitive deficits in schizophrenia, and other conditions characterized by cognitive impairment, such as attention deficit hyperactivity disorder, age associated memory impairment, and mild cognitive impairment. Targacept's product candidates also include TC-2696 for acute post-operative pain; mecamylamine hydrochloride, the active ingredient in Inversine; and TC-5214, one of the enantiomers of mecamylamine hydrochloride; TC-2216, a phase I product for depression and anxiety disorders; and TC-5619 for various conditions, such as schizophrenia, cognitive impairment, and inflammation. The company has a collaborative research and license agreement with AstraZeneca AB for development and commercialization of TC-1734 to treat Alzheimer's disease, cognitive deficits in schizophrenia, and other cognitive disorders. Targacept was founded in 1997 and is based in Winston-Salem, North Carolina.
Reed's, Inc.
(OTC BB:REED)
Current Price (9.53)
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LOS ANGELES--July 30--Reed's, Inc. (OTCBB:REED - News) announced today that Chris Reed the Company's Founder and Chief Executive Officer, will present at the ThinkEquity Partners 2007 ThinkBig Conference to be held August 2, 2007 at The Mandarin Oriental Hotel in New York, New York. Reed's, Inc. develops, manufactures, markets and sells innovative, all natural, non-alcoholic beverages, candies and ice creams. Its non-alcoholic Ginger Brews are unique in the beverage industry being brewed from fresh ginger, spices and fruits. Award-winning gourmet product lines include: Reed's Ginger Brews, Reed's Ginger Juice Brews, Reed's Ginger Candies and Reed's Ginger Ice Creams. Additionally, the Company has acquired Virgil's Root Beer and China Cola product lines. Reed's products are sold through specialty gourmet and natural food stores, supermarket chains, retail stores and restaurants nationwide and in Canada. For more information about Reed's, please visit the company's website at: www.reedsgingerbrew.com or call (800) 99-REEDS.
Building Materials Holding Corporation
(NYSE:BLG)
Current Price (13.69)
www.wallstreetstockreview.com
SAN FRANCISCO July 26- Building materials and construction services provider Building Materials Holding Corp. said Thursday its second-quarter earnings fell 43 percent from the year-ago quarter due to weakness in the housing industry. Building Materials Holding Corporation, through its subsidiaries, provides residential construction services and building products to professional homebuilders and contractors in western and southern regions of the United States. It operates through two segments, SelectBuild and BMC West. The SelectBuild segment offers various construction services, including wood framing or concrete block masonry, concrete services, plumbing, and construction services, including managing labor and construction schedules, as well as sourcing materials. The BMC West segment markets and sells building products, such as structural lumber and building materials; and manufactures building components, including millwork, floor, roof trusses, and wall panels. This segment also provides construction services, such as framing and installation of various building products. The company was founded in 1987 and is headquartered in San Francisco, California.
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