Dallas, TX 12/6/2007 7:46:25 AM
News / Finance

Beacon Equity Research reports on the OTC and OTCBB Trade Leaders: EYI Industries Inc. (OTCBB: EYII), China Nuvo Solar Energy, Inc. (OTCBB: CNUV), Malex, Inc. (OTCBB: MLEX), Who's Your Daddy, Inc. (OTCBB: WYDIE), and Non-Invasive Monitoring Syste ...

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EYI Industries Inc. ("EYI") (OTCBB: EYII) Up 14.29% on Wednesday

 

Detailed quote: http://beaconequityresearch.com/EYII

 

December 05, 2007 - EYI Subsidiaries Enter Into Agreement

 

EYI Industries Inc. ("EYI") (OTCBB:EYII) (http://www.eepint.com/) is pleased to announce that its subsidiaries, EEPI US Inc. ("EEPI") and Essentially Yours Industries, Inc. ("EYI"), have entered into an agreement with Darrell Evans, the Managing Director of the Fields of Green Team, Inc. The Fields of Green Team was formed to create an environmental awareness and marketing campaign to foster environmental readiness and the use of both the Ultimate ME2 and Mach 3 SEFS products to lower emissions. The Fields of Green team will be led by former Major League Baseball players who want to give back to their communities by sharing environmental strategies and environment products that tests have shown produce positive effects.

 

Jay Sargeant, Vice President of Domestic Development comments, "What a joy it is to work with Darrell Evans. As a lifelong baseball fan it's a treat to work with a man who wears a World Series ring, hit 414 home runs and truly cares about the environment. So far the ladies are leading the environmental charge but with the participation and encouragement of the Fields of Green Team we can influence fathers and grandfathers to become more active in cleaning up the environment. The Fields of Green has some very aggressive programs and some very powerful goals; these are high achievers who want to give back to the communities that supported them for decades. We all see Fields of more Green emerging from this wonderful and powerful alliance."

 

Darrell Evans, former Detroit Tiger, San Francisco Giant and Atlanta Brave, now Director of the Fields of Green Team, comments, "I feel honored and grateful to have the opportunity to share information, strategies and products that may help reverse the ecological crisis we face. As ballplayers, most of us have stayed active in the communities that supported us during our ball-playing years. What better way to contribute than to give leadership to a movement of folks that commit themselves to the environment. Like all other parents and grandparents, we are worried about the world we are leaving our kids. Now with the Fields of Green Team, we have the opportunity to create positive impact. We have developed an educational website (http://www.fieldsofgreenteam.com/, currently under construction) and a series of events, we intend to make charitable contributions and contests, and intend to distribute both the Ultimate ME2 and the Mach 3 SEFS HD ecosaving fuel reformulators. ME2 or Mach 3 SEFS HD may lower NOX by 44% and carbon monoxide by 33%. Each time we market a bottle we intend to give a portion of the proceeds to an environmental charity. We are lining up the MLB ballplayers; the reception has been incredible!"

 

China Nuvo Solar Energy, Inc. (OTCBB: CNUV) Up 16.16% on Wednesday

 

Detailed quote: http://beaconequityresearch.com/CNUV

 

December 05, 2007 - China Nuvo Solar Signs Agreement for Development of Pilot Manufacturing Facility in China

 

China Nuvo Solar Energy, Inc. (the "Company" or "China Nuvo") (OTCBB: CNUV) announced today that it has executed a Collaboration and Development Agreement (the "Agreement") with Pioneer Materials, Inc. ("PMI"). Under the terms of the Agreement, PMI will build, equip, operate and manage for the benefit of China Nuvo a product development, testing and prototype manufacturing facility in Chengdu, Sichuan, China to develop, test and manufacture prototypes of solar energy products and equipment utilizing the Company's unique solar technology acquired under a license agreement for a patent entitled "Photovoltaic cell with integral light transmitting waveguide in a ceramic sleeve".

 

The term of the Agreement is one year with automatic six-month renewal periods unless terminated by the parties. The Company will pay PMI monthly to provide the facilities as well as technical, engineering, development, testing and manufacturing employees, and support staff. In addition, PMI is eligible to receive up to 4,000,000 shares of the Company's common stock upon completion of certain milestone accomplishments as outlined in the Agreement; 500,000 shares of which were issued upon execution of the Agreement.

 

Malex, Inc. (OTCBB: MLEX) Up 25.98% on Wednesday

 

Detailed quote: http://beaconequityresearch.com/MLEX

 

December 05, 2007 - China Wind Systems Announces Completion of Large Scale Manufacturing Facility for Wind Components

 

China Wind Systems, presently incorporated as "Malex, Inc." (OTC Bulletin Board: MLEX) announced it has completed the construction of a major manufacturing facility in Wuxi City, in the People's Republic of China. The new facility will be used exclusively to manufacture high precision rolled rings and other critical components for use in the wind power industry.

 

The new manufacturing facility measures 107,639 square feet and its initial construction was completed in August 2007. The new facility is highly automated with state-of-the-art heat treatment value simulation software, a "green" technology developed by the Forging Technology Section of the Mechanical Engineering Institute, a research organization that helps the company's machines operate with high heating efficiency.

 

A significant portion of the $4 million raised by China Wind Systems in November 2007 through a private placement led by Barron Partners, LP will be used in the company's initial expansion phase. In the initial phase, China Wind Systems will focus on producing rolled rings that measure up to 5 meters in diameter as well as other wind mill components such as yaw bearings, shafts and rotor blades. Some of the equipment already purchased to manufacture the wind energy components includes a 5-meter ring rolling mill and a 6,000-ton oil press. China Wind Systems plans to purchase additional equipment during phase two and three of its expansion. In phase two, the company intends to manufacture rolled rings with diameters of greater than 5 meters. In phase three, the company intends to manufacture other wind mill components such as turbine leafs. At the conclusion of its expansion, China Wind System's new facility will be capable of producing forged rolled-rings of up to 8 meters in diameter weighing up to 150 tons, to suit different applications and processes in the wind energy industry.

 

"Our new facility will help us achieve our goal of becoming a major supplier of precision rolled rings for use in yaw bearings on large scale windmills, as well as a supplier of other components such as yaw bearings, shafts, rotor blades and turbine leafs for use in the wind energy industry. We are currently experiencing strong demand from our largest wind energy customer and this will enable us to significantly scale the size of the rolled rings we can deliver while achieving greater integration of our manufacturing process," commented Mr. Wu, Chairman and CEO of China Wind Systems. Although the facility is primarily intended to manufacture rolled rings for use in the wind energy industry, the company's precision rolled rings can also be used in other heavy industries such as the automotives and airlines.

 

According to the Global Wind Energy Council (GWEC), wind energy is becoming a mainstream energy source. Reasons behind the growth in wind energy include concerns about global warming and the rising costs and projected shortages of fossil fuels. The reduced costs of energy generated by large scale windmills is expected to make wind power a viable solution in meeting the projected growth in energy demand by emerging countries such as China. In 2006, global wind power capacity reached 74.3 Giga-watts (GW), increasing at a 24.4% compound annual growth rate over a five year period. BTM Consult ApS projects global wind capacity to reach 203.2 GW by 2011 from 74.3 GW in 2006, a 22.3% compound annual growth rate. GWEC projects wind power to represent 16% of the global electricity supply by 2020 and as much as 29% by 2030, up from just 0.8% in 2005.

 

Based on current domestic energy requirements and strong government support, large-scale wind energy is rapidly accelerating in China. Morgan Stanley estimates China's total electricity supply to reach 932 GW by 2011, of which 13.4 GW or only 1.4% will be sourced from wind power. BTM Consult SpA has estimated that China's wind power capacity will reach 13.4 GW by 2011, up from 2.6 GW in 2006. The Chinese government estimates China's wind power capacity will reach 30 GW by 2020.

 

"Development of large scale wind farms in China is expected to create strong demand for these high precision, large scale components. We are confident in our ability to grow our market share in the industry given our experience in large-scale, high precision fabrication and machining and our solid engineering capabilities in the alternative energy sector," said Mr. Wu.

 

Who's Your Daddy, Inc. (OTCBB: WYDIE) Up 5.00% on Wednesday

 

Detailed quote: http://beaconequityresearch.com/WYDIE

 

December 05, 2007 - Who's Your Daddy, Inc. Announces Program to Raise Over $6 million in Capital

 

Who's Your Daddy, Inc. (OTCBB: WYDIE) today announced that it has engaged an established investment banking consultant to assist the Company in raising at least $6 million of capital to provide the Company with the funds needed to achieve its potential.

 

This investment banking consultant has extensive experience in the beverage industry, has raised millions in capital and has been CEO of a number of companies that have gone from start-up phase to strong successes.

 

"Despite our recent liquidity squeeze and stock price drop, our Company holds a strong position and a strong brand in the high-growth energy drink market," noted Edon Moyal, CEO of Who's Your Daddy. "We are fortunate to find an investment banking consultant who not only understands our markets and current position, but who also has strong industry contacts to allow us to expand our distribution network, raise funds and gain revenues. We fully expect to raise the capital needed to resume our growth and to use his industry contacts to reach the next level of growth that we know is within our grasp with the right capital and contacts."

 

Non-Invasive Monitoring Systems, Inc. (NIMS) (OTCBB: NIMU) Up 9.38% on Wednesday

 

Detailed quote: http://beaconequityresearch.com/NIMU

 

December 05, 2007 - NIMS' Motion Platform Treatments Beneficial in Patients with Heart Failure and Peripheral Arterial Disease

 

Gary Macleod, Chief Executive Officer, Non-Invasive Monitoring Systems, Inc. (NIMS) (OTCBB:NIMU) announced that Drs. Kohler, Bloch and associates from the University Hospital of Zurich published a paper entitled, "Periodic whole body acceleration: A novel therapy for cardiovascular disease" in the December issue of VASA. This paper reported on the benefits of 35, forty minute treatments over a 5 week period with NIMS' patented, non-invasive, drug-free, motion platform device in five patients with congestive heart failure and six with peripheral arterial disease who were symptomatic despite optimal drug therapy. This technology that is called whole body periodic acceleration (WBPA) moves a supine subject repetitively head to foot about 140 times a minute with forces in the range that a mother moves her baby back and forth within a carriage.

 

Kohler and associates indicated that their patients were "physically unable to perform active exercise training which is well known to improve endothelial function and clinical outcomes in heart failure and claudication..." Since single applications of WBPA increase nitric oxide and prostanoid bioavailability from stimulation of the endothelium (cells of the inner lining of blood vessels), Kohler reasoned that repetitive WBPA treatments might lead to more pronounced effects in a manner analogous to an exercise training program.

 

Kohler and associates found that WBPA treatments were well tolerated. In heart failure patients, WBPA improved quality of life, produced clinically significant increases of 6-minute walking distance and improved endothelial function. Such improvement was comparable to intensive rehabilitation programs carried out for 12 to 24 weeks. In 4 of the 6 patients with intermittent claudication (cramplike pains usually in the calf caused by poor blood supply to leg muscles on walking), WBPA improved quality of life, treadmill walking distance and endothelial function. Four weeks after discontinuing WBPA, most therapeutic effects in both groups of patients were lost.

 

Dr. Marvin Sackner, Chairman of the Board of Directors of NIMS, stated that the WBPA device, called Exer-Rest(TM), has been designed for utilization in the home, clinic or hospital. He commented that the "Kohler study suggests that improvement seen in their patients is consistent with prior studies demonstrating that release of the same beneficial substances from the endothelium takes place during both exercise and WBPA. Therefore, Exer-Rest(TM) treatments might be considered as an alternative or complementary means to exercise in the management of cardiovascular diseases."

 

A clinical trial is currently underway to support the intended use of Exer-Rest(TM) for temporary relief of musculoskeletal pain associated with osteoarthritis of the hips in order to meet FDA approval for its marketing in the United States. The Company plans to export Exer-Rest(TM) in early 2008 to countries that recognize the CE mark.

 

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