Austin, TX 11/6/2007 10:54:42 PM
Speak with other shareholders about: (OTC: ESMT), (OTCBB: COPY), (OTCBB: DCFF) and (OTC: DPHIQ).
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E-SMART TECHNOLOGIES (OTC: ESMT) "Up 50.00% on Monday"
e-Smart Technologies, Inc., a development stage company, engages in the creation, marketing, manufacture, installation, operation, and maintenance of biometric identification verification systems.
These systems utilize Biometric Identification Verification Security System platform, which consist of the Super Smart Card, readers, operational software, and a communication technology that
ensures that the transmission of data throughout the system is secure and reliable. The company is based in New York, New York.
ESMT News:
November 5 - Patent Issued for e-Smart Technologies, Inc.'s First Biometric Match-on-Card Technology
e-Smart Technologies, Inc. (OTC: ESMT) ("e-Smart") with its parent company IVI Smart Technologies, Inc. ("IVI") (hereinafter, collectively the "Company") announced that the United States Patent and
Trademark Office has issued a patent for the Company's cutting edge, intelligent biometric identification card technology.
On October 2, 2007, the United States Patent and Trademark Office issued Patent No. 7,278,025, entitled "Secure Biometric Verification of Identity," to e-Smart's parent corporation, IVI Smart
Technologies, which has licensed the use of the technology to e-Smart. The patent encompasses 27 separate claims relating to numerous aspects of the technology, including patent protection for our
"intelligent identification card comprising an on-board sensor for capturing live biometric data" and an "on-board processor including a memory storing reference data" which "compares the captured
data with the stored data and generates a verification message if there is a match within a predetermined threshold."
The patent also covers the Company's method for capturing the biometric data and matching that captured data with reference data, and causing the card to perform a desired function only if the
identity of the user is verified.
Tamio Saito, Chief Technology Officer and lead inventor, said "I am filled with great pride and satisfaction at this acknowledgement of the years of work of e-Smart's talented team of engineers. We
dedicated years to the development of e-Smart's state-of-the-art identification and payment security system, and the Super Smart Card,(TM) and now we can begin its deployment on a worldwide scale
to protect people and secure countries with the confidence and security of patent protection for our inventions. "
Mary Grace, Chief Executive Officer of e-Smart, said "This is a great milestone for the Company. Years of hard work went into the development of this truly unique technology and it is a tribute to
our engineers. From the beginning they never doubted this was world-changing technology and it is because of their unwavering dedication that we now hold the patent confirming the uniqueness of our
match-on card biometric technology. My sincere hope and foremost goal with this patent is to produce financial rewards for our shareholders who we thank for their support and belief in our work and
our vision - to help the world to be safer and more secure."
e-Smart Technologies, Inc., is the exclusive supplier of the Biometric Verification Security(TM) (BVS2(TM)) system, the Super Smart Card(TM) system technology and related system technologies for
Asia, Africa and the US, which e-Smart believes to be the world's first smartcard of its kind with an on-card sensor and a full match on-card system and other unique technologies for secure
biometric ID verification. e-Smart's next generation technologies allow governments, public and private institutions, healthcare providers and insurers, companies large and small, to provide a
superior level of protection. The Super Smart Card(TM) system technology and BVS2(TM) security system can secure countries from criminal and terrorist threats, stop ID and payment fraud, along with
identity theft in connection with physical and logical access and financial transactions, including telephone, Internet payment and other financial and data related transactions all while
protecting individual privacy.
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COPYTELE INC (OTCBB: COPY) "Up 46.15% on Monday"
CopyTele, Inc. engages in the development, production, and marketing of thin flat low-voltage phosphor displays, and multi-functional encryption products that provide information security for users
over communications media. The company's flat panel video display products incorporate its hardware and software to generate color and monochrome information on its displays. Its encryption
products consist of a printed circuit board populated with electronic components and connectors enclosed in a plastic case. The company markets its encryption products through distributors,
dealers, and original equipment manufacturers, as well as end-users primarily in the United States and the United Arab Emirates. CopyTele was founded in 1982 and is based in Melville, New York.
COPY News:
November 2 - CopyTele Announces License of CopyTele's Display Technology to Videocon Group and Securities Purchase Agreements
CopyTele, Inc. (OTCBB: COPY) announced that it has entered into a license agreement with Videocon Industries Limited (Videocon) of India under which Videocon will manufacture and market products,
including TV's, using CopyTele's display technology. Under the agreement, Videocon will pay CopyTele a license fee of US$ 11 million payable in installments over a twenty-seven (27) month period
and a royalty based on display sales by Videocon, subject to the necessary regulatory approvals in India. Videocon and CopyTele will jointly cooperate to select other potential licensees of
CopyTele's display technology. Furthermore, Videocon and CopyTele will each have one senior advisor to the other's board of directors.
To further strengthen the alliance, one of the Videocon Group companies has agreed to purchase 20,000,000 shares of CopyTele's common stock and CopyTele has agreed to purchase, subject to certain
conditions, 1,495,845 Global Depository Receipts (GDRs) of Videocon within 30 days. Videocon's GDRs are listed on the Luxembourg Stock Exchange.
Under the license agreement, Videocon and CopyTele will work together to effect the license of CopyTele's display technology to Videocon and to fabricate production tooling and fixtures for
Videocon to mass produce the CopyTele display. Videocon has production facilities that are currently producing Plasma displays and has announced plans to set up display production facilities in
China, India and Italy. In addition, Videocon has purchased from Thomson SA of France production facilities for CRT-type displays. Videocon intends to modify its current Plasma display production
facilities and to use the CRT-production facilities and know-how it acquired from Thomson to produce the CopyTele display. Videocon also has extensive experience in technologies utilized in the
CopyTele display. Videocon has experience in phosphor and vacuum sealing technologies which can be adapted to CopyTele's display.
CopyTele Chairman and CEO, Denis A. Krusos, said "We believe that our complementary know-how make CopyTele and Videocon an ideal alliance to introduce into the flat panel display market low cost
and energy efficient displays to meet the requirements for the mass consumer market."
Videocon Industries Limited is the 3.5 Billion US Dollar flagship company of the Videocon Group, one of India's leading business houses. Videocon Group is a fully integrated consumer electronics
and home appliances enterprise with backward integration in Plasma Panel, CRT Glass, Color Picture Tubes and other key components for the consumer electronics, home appliances and components
industries. The company also operates in the Oil & Gas sector through its 25% participating interest in Ravva Oil Field which produces 50,000 barrels of oil per day. The group also has
participating interests in exploration activities in Oman, Timor, Brazil, and Australia. The Videocon Group has the widest sales & service network in India supporting seventeen locally-based
factories. In addition, the Group operates facilities in Italy, Poland, Oman, China and Mexico. For more information on Videocon, visit www.videoconworld.com.
CopyTele's principal operations include the development, production and marketing of its thin flat low voltage phosphor displays and the development, production and marketing of multi-functional
encryption products, hardware and software-based, that provide information security for domestic and international users over virtually every communication media. For additional information, visit
CopyTele's website at www.copytele.com.
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DIET COFFEE (OTCBB: DCFF) "Up 42.86% on Monday"
Diet Coffee, Inc., through its subsidiary, Zevotek, Inc, focuses on selling an energy saving compact fluorescent light bulb named ?the Ionic Bulb'. It intends to market the ionic bulb through TV
infomercials, catalogs, magazines, and various U.S. retail and specialty stores, as well as through its Web site ionicbulb.com. The company was founded in 2005. It was formerly known as The Diet
Coffee Company, Inc. and changed its name to Diet Coffee, Inc. in 2006. The company is based in New York, New York.
DCFF News:
November 5 - UPDATE: Zevotek, Inc. Receives August 2007 Purchase Order From Walgreens for Ionic Bulb Product
Zevotek, Inc., a wholly owned subsidiary of Diet Coffee, Inc. (OTCBB: DCFF), announced that in August 2007 it received purchase orders from Walgreens (NYSE: WAG) for its Ionic Bulb product.
Walgreens is the nation's largest drugstore chain and operates more than 6,000 stores in 49 states and Puerto Rico. Zevotek is currently scheduled to deliver these orders on December 19 and expects
Walgreens to have the Ionic Bulb on its shelves in early 2008.
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DELPHI CORPORATION (OTC: DPHIQ) "Up 31.58% on Monday"
Delphi Corporation supplies vehicle electronics, transportation components, integrated systems, and modules and other electronic technologies worldwide. Its Electronics and Safety segment offers
control and security products consisting of body computers, security systems, and mechatronics; entertainment and communications products comprising reception systems, digital receivers, satellite
audio receivers, and navigation systems; and safety systems, including airbags, occupant detection systems, collision warning systems, advanced cruise control technologies, safety electronics, seat
belts, and steering wheels. The Thermal Systems segment offers condenser, radiator and fan module assemblies and components, which includes radiators, condensers, and charge air cooling heat
exchangers; and climate control products, including HVAC modules, compressors, and controls. The Powertrain Systems segment offers products for engine management systems (EMS), including gasoline
EMS, diesel EMS, fuel handling systems, and evaporative emissions systems. Gasoline EMS portfolio comprises fuel injection and air/fuel control, valve train, ignition, sensors and actuators,
transmission control products, exhaust systems, and powertrain electronic control modules with software, algorithms, and calibration; and diesel EMS product line offers common rail system
technologies that are used by automakers. The Electrical/Electronic Architecture segment includes electrical architecture and component products. The Steering segment offers halfshaft and steering
system products. The Automotive Holdings Group segment comprises noncore product lines and plant sites. The company was founded in 1998 and is headquartered in Troy, Michigan. On October 8, 2005,
Delphi Corp alongwith its affiliates jointly filed a voluntary petition for reorganization under Chapter 11 of the US Bankruptcy Court for the Southern District of New York.
DPHIQ News:
November 5 - Delphi Announces Deferral of Disclosure Statement and Plan Investment Agreement Amendment Hearings
Delphi Corp. (OTC: DPHIQ) announced that it has asked the U.S. Bankruptcy Court for the Southern District of New York to adjourn until later this month a hearing currently scheduled for Nov. 8 to
consider potential amendments to its Joint Plan of Reorganization and related Disclosure Statement as well as a proposed amendment to the Company's Investment Agreement. The purpose of the
adjournment is to continue discussions with Delphi's Statutory Committees, both of which filed objections on Nov. 2 to the Disclosure Statement and Investment Agreement amendment approval motions,
and other stakeholders, some of which also filed objections. The adjournment is also required because Delphi does not currently believe that all of the conditions to the effectiveness of the
Investment Agreement amendment will be satisfied prior to the scheduled commencement of the Nov. 8 hearing. Delphi continues to expect that it will emerge from chapter 11 during the first quarter
of 2008.
About Delphi's Chapter 11 case
Delphi's Chapter 11 cases were filed on Oct. 8, 2005, in the United States Bankruptcy Court for the Southern District of New York and were assigned to the Honorable Robert D. Drain under lead case
number 05-44481 (RDD).
The Adequacy Hearing for the Disclosure Statement began on Oct. 3, 2007 and is scheduled to continue on Nov. 8, 2007. The brief adjournment allowed Delphi to continue to negotiate potential Plan of
Reorganization (POR) amendments with key stakeholders, make appropriate amendments to both the GM settlement documentation and the Equity Purchase Commitment Agreement (EPCA), and continue
discussions with potential exit lenders. Approval of the Disclosure Statement and related voting solicitation procedures permits the company to solicit acceptances of the proposed Plan of
Reorganization later this year and seek confirmation of the Joint Plan of Reorganization by the Bankruptcy Court during the first quarter of 2008.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the securities laws of any such state.
More information on Delphi's U.S. restructuring and access to court documents, including all of the documents referenced in this press release and other general information about the Chapter 11
cases, is available at www.delphidocket.com.
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