Dallas, TX 12/28/2007 1:30:40 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, December 27th EFGU, RPTN, AIRN

Our Stocks to Watch today include Empire Film Group, Inc. (OTC: EFGU), Raptor Networks Technology, Inc. (OTCBB: RPTN), Airspan Networks Inc. (NASD: AIRN)

 

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EMPIRE FILM GROUP (OTC: EFGU)

"Up 8.02% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/EFGU.php

 

Empire Film Group, Inc. ("EFG") is a new independent film finance, production, and distribution company led by a management team with over 20 years of experience in development, production, distribution, finance and marketing of feature films and television programming. The group has filmed in various locations worldwide including the United States, Canada, the Caribbean, Central and South America and Europe. The Company has the unique financing advantage of being able to receive Canadian subsidies, tax incentives, rebates and financing through its ability to produce Canadian Content film and television projects. Learn more about Empire Film Group by visiting, www.empirefilmgroup.com.

 

EFGU News:

 

December 26 - Empire Film Group Announces Latin American Distributor, Cinemac, for 'Havana Heat' Feature Film

 

Empire Film Group, Inc. (OTC: EFGU) announced that the company has signed a deal with leading Latin American Distribution company, Cinemac (http://www.cinemacfilms.com/), in partnership with Tayrona Entertainment Group, for the feature film "Havana Heat," scheduled for release in 2008.

 

"Havana Heat" is a Canada-Colombia co-production action adventure story about an ex-secret service agent who is called back into service on special assignment on the Island of Cuba. To benefit from tax incentives, currency exchange rates and lower production costs, the project will be filmed on location in Colombia in the cities of Bogota and Cartagena. Both cities closely resemble and will double for Havana, Cuba.

 

"We are excited to have Cinemac as our Latin American Distribution partner for 'Havana Heat' and future Empire Film Group productions," stated Mr. Dean Hamilton Bornstein, CEO of Empire Film Group, Inc. "Having Cinemac and Tayrona Entertainment, two leading international distribution and production companies, as partners is the ideal way for Empire Film Group to reach over 600 million Spanish speaking people around the world."

 

ABOUT CINEMAC

 

Cinemac Films Inc., one of the top leaders and distributors in Latin America, is co-producer and strategic ally with direct access to the markets of Mexico, Puerto Rico, Brazil and Spain. Cinemac has successfully distributed films in the market such as "Crash," "Saw," "Vanity Fair" and "Hostage," among many others.

 

ABOUT TAYRONA ENTERTAINMENT

 

Tayrona Entertainment Group is a full service international entertainment production company with operations in Los Angeles, Miami, Toronto, Cartagena, Colombia and other locations worldwide. Tayrona offers clients a broad range of production equipment, services, and experienced crews to produce feature films, television shows, commercials and music videos at preferential rates in all areas of development, pre-production, production and post-production including talent agencies, construction, rental companies, catering suppliers, local accounting firms, props supply companies, shipping companies and others. A full complement of goods, services, supporting cast and crew necessary to service a major film production can be provided by Tayrona where savings to our clients will range from 40% to 70% off the below-the-line budgets in comparison with L.A.-based US dollar budgets. Tayrona Entertainment is currently in various stages of production on various film projects including "Silver Cord," produced by Michel Shane (Producer of "I Robot," "Catch Me If You Can"), "Vivaldi," starring Joseph Fiennes and Carice Van Houten, "Last Battle Dreamer," starring Ryan Philippe and Sean Bean, "Eclipse of the Heart," starring Winona Ryder and produced by Academy Award® Nominee Bill Kong, and "The Rescue of Galleon San Jose," among others.

 

RAPTOR NETWORKS TECHNOLOGY (OTCBB: RPTN)

"Up 6.71% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/RPTN.php

 

Raptor Networks Technology, Inc. engages in the design, production, and sale of standards-based, proprietary high-speed network switching technologies. It provides integrated high-speed Ethernet switching systems under the brand name Ether-Raptor, which enable emerging high bandwidth critical applications, including video, storage, Internet Protocol telephony, and technology refresh. The company's products redefine the manner in which data distribution occurs for service providers offering VOIP, streaming video, Internet protocol television, and other high-bandwidth applications. Raptor Networks Technology offers products with one gigabit and ten gigabit combination switches that consist of a collection of self-managed, interconnected building blocks of identical composition. The company was founded in 2003 and is headquartered in Santa Ana, California.

 

RPTN News:

 

December 27 - Raptor Networks Technology Announces First Product Shipments into Cable Systems Vertical

 

Raptor Networks Technology, Inc. (OTCBB: RPTN), provider of the world's first "distributed core" network switching equipment, announced the first shipment of production switches into the Cable business vertical, following months of live suitability and interoperability testing.

 

"We are pleased to ship production product into a high-visibility, growing marketplace where bandwidth efficiency and low latency are essential," noted Tom Wittenschlaeger, Raptor Networks Technology Chairman and CEO. "It is encouraging to see industry leaders in cable transport now recognize the value that our non-blocking, wire-speed 'distributed core' architectures represent."

 

AIRSPAN NETWORKS (NASD: AIRN)

"Up 2.11% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/AIRN.php

 

Airspan Networks provides wireless voice and broadband data systems and solutions for the fixed and mobile WiMAX and Wi-Fi markets, including Voice Over IP (VoIP). Its wireless products serve operators around the world in both licensed and unlicensed frequency bands between 700 MHz and 6 GHz. Airspan has a strong wireless product roadmap that includes WiMAX Forum Certified equipment and products meeting 802.11 a/b/g Wi-Fi standards, Airspan's HiperMAX and MicroMAX base station products support portable and mobile 802.16e-2005 WiMAX alongside fixed and nomadic 802.16-2004 products. Airspan products also include "self install" and professionally installed customer premise equipment. Airspan is on the Board and is a founder member of the WiMAX Forum and a member of the Wi-Fi Alliance. The Company has deployments in more than 100 countries with more than 400 operators, 100 of which use Airspan's WiMAX Forum Certified and non-certified products. Airspan's wireless systems are based on radio technology that delivers excellent area coverage, high security and resistance to fading. These systems can be deployed rapidly and cost effectively, providing an attractive alternative to traditional wired communications networks. Airspan also offers radio planning, network installation, integration, training and support services to facilitate the deployment and operation of its systems. Airspan is an international telecommunications equipment provider headquartered in Boca Raton, Florida. More information on Airspan can be found at www.airspan.com.

 

AIRN News:

 

December 27 - Airspan Obtains FCC Certification for Products in 3.65GHz Frequency Band

 

Field-Proven 3.65GHz Solution Now Available for US Deployments

 

Airspan Networks Inc. (NASD: AIRN), a leading provider of WiMAX-based broadband wireless access networks, announced that it had obtained FCC certification to market its HiperMAX base station in the 3.65GHz band in the United States. HiperMAX base stations in the 3.65GHz band are already being deployed with several carriers internationally. This is the first of a series of products planned for this band to receive FCC certification, including MicroMAX, a compact base station, and several subscriber devices including the EasyST and outdoor ProST, both of which also support optional WiFi and VoIP extensions.

 

While this initial certification is for operation in the lower half of the 3.65GHz band, Airspan products for the band implement a unique "Detect and Protect" contention protocol which, pending formal FCC certification, would double the amount of spectrum available to operators.

 

Paul Senior, Airspan's CTO, noted, "The system has already been deployed commercially in several countries, including operation in European 3.65GHz allocations, with operators delivering Fixed WiMAX services and planning software upgrades to deliver Mobile WiMAX services in 2008. We're excited to now be able to offer the product in the United States. Carriers feel more comfortable with products that have a proven track record and several of our U.S. customers have been waiting for this certification to begin looking at the 3.65GHZ products. The HiperMAX solution provides some key technologies like MIMO operation and 10MHz channels which significantly improve the business case for operators. The extra range and capacity provided by Airspan's solution can be a real game-changer."

 

The 3.65GHz solution adds to Airspan's product line for the U.S., which already includes products for the 700MHz and 1.x-, 2.x-, 4.x- and 5.x-GHz bands.

 

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