BLAINE, WA 2/11/2008 8:05:00 PM
News / Finance

Breaking News from (OTCBB:PURO) Purio Receives Invitation to Design System

Stocks to Watch: Purio Inc. (OTCBB:PURO) , Stage Stores, Inc. (NYSE:SSI) , U.S. Microbics, Inc (OTCBB: BUGS), Echelon Corporation (Nasdaq:ELON), Alynx, Co. (OTC BB:AYXC)



Featured Stock: Purio Inc.

(OTCBB:PURO)

Current Price (0.55)

www.WallStreetStockReview.com

 
Purio Receives Invitation to Design System


Purio Inc. (OTCBB: PURO.OB) is pleased to announce that it has received a formal invitation to design both the wastewater management system, and potable water supply system for a resort development known as SnowCastle Estates. Representatives of Purio and SnowCastle met on January 8th to exchange information about the project, the developer’s design priorities and the potential benefits of the Purio Technology.

 

Correspondence from Snowcastle Estates has been received in which Myron Derow, spokesman, expresses the project’s invitation to advance to the design discussion stage.

 

“Following our preliminary meeting of January 8th, SnowCastle Estates, located in the Candle Lake/Torch Lake region of Central Saskatchewan, invites Purio Environmental Water Source Inc. to collaborate with SnowCastle Estates to develop both the water supply system, and wastewater management system designs for our resort development.

The Purio modular design appears well suited to grow with us throughout our three-phase development plan of the 450 one-half to three-quarter acre lots in the SnowCastle Resort Community. In addition we have determined that the Purio technology would offer SnowCastle significant cost advantages and we feel that our environmentally friendly green theme is best maintained by utilizing Purio’s advanced technology.”

 

Daryl English, President of Purio, says, “This invitation is very encouraging to Purio because it signifies that developers are recognizing the suitability of the Purio technology in meeting their needs to develop environmentally responsible developments. Purio is pleased to be a part of this paradigm shift by developers toward more eco-friendly planning.”

Forward-Looking Statements

This press release “contains forward looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements in this press release include, among others, the expectation and/or claim that:

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, (i) the Company’s ability to satisfy all of the conditions to closing of the Agreement and to consummate the transactions contemplated by the Agreement; (ii) Purio’s ability to satisfy all of the conditions to closing of the Agreement and to consummate the transactions contemplated by the Agreement; and (iii) Purio having enough funding to operate its business and retain ownership of its proprietary technology, and (iv) Purio gives no guarantee that Snowcastle will approve Purio’s deign.  assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate.  Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.

Contacts:
Shawn Van Damme
Investor Relations
1-877-512-1120

svd@puriowatertech.com

www.puriowatertech.com

 

 

For an in-depth analyst report, please visit: www.WallStreetStockReview.com

 

Stage Stores, Inc.

(NYSE:SSI)

Current Price (13.28)

www.WallStreetStockReview.com

HOUSTON--Feb 7--Stage Stores, Inc. (NYSE:SSI - News) today reported that its total sales for this year’s four-week January period were $82.1 million vs. $99.5 million for last year’s five-week January period. Excluding last January’s fifth week sales of $21.4 million, the Company achieved an overall sales increase of 5.1%. Comparable store sales for the month (four weeks vs. first four weeks) increased 1.0% this year vs. an increase of 7.5% last year.                       Stage Stores, Inc. brings nationally recognized brand name apparel, accessories, cosmetics and footwear for the entire family to small and mid-size towns and communities through 677 stores located in 34 states. The Company operates under the Bealls, Palais Royal and Stage names throughout the South Central states, and under the Peebles name throughout the Midwestern, Southeastern, Mid-Atlantic and New England states. For more information about Stage Stores, visit the Company's web site at www.stagestores.com.

 

U.S. Microbics, Inc

(OTCBB: BUGS)

Current Price (0.0024)

www.WallStreetStockReview.com

CARLSBAD, Calif.--Feb 8--U.S. Microbics (OTCBB:BUGSE - News), a business enhancement firm for companies with products, services and initiatives that favorably impact the environment, announced that it is reorganizing its corporate structure, announcing a recapitalization, and a new name for future business operations. All changes are scheduled to be completed in the next ninety days and shareholders will receive notices effecting the changes, but are not required to vote on the changes.                        U.S. Microbics, Inc., through its subsidiaries, engages in the development, manufacture, and sale of engineered remediation solutions for clean up of toxic waste releases to soil and groundwater primarily in the United States. The company operates through two divisions, USM Solutions and USM Capital Group, Inc. The USM Solutions division provides proprietary microbial technologies that provide natural solutions to various environmental problems.

 

Echelon Corporation

(Nasdaq:ELON)

Current Price (13.16)

www.WallStreetStockReview.com

SAN JOSE, Calif.--Feb 7--Echelon Corporation (NASDAQ:ELON) today announced financial results for the fourth quarter and year ended December 31, 2007. “Entering 2007 we set a target of reaching non-GAAP profitability in Q4. I am pleased to report today that we met our goal, not only on a non-GAAP basis, but also on a GAAP basis. Fully diluted GAAP earnings per share were $0.03 and non-GAAP earnings per share were $0.09,” said Ken Oshman, Echelon’s chairman and CEO. “We achieved this important goal by recording significant sales of our NES products and by keeping a close watch on product costs. The result has been both higher gross profit and higher margins than we projected going into the year.”               Echelon Corporation (NASDAQ:ELON) is a pioneer and world leader in control networking — networks that connect machines and other electronic devices — for the purpose of sensing, monitoring and controlling the world around us. Echelon’s LonWorks platform for control networking was released in 1990 and has become a worldwide standard in the building, industrial, transportation, and home automation markets. Launched in 2003, Echelon’s Networked Energy Services system is an open, extensible, advanced metering infrastructure that can bring benefits to every aspect of a utility’s operation, from metering and customer services to distribution operations and value-added business. In 2005 Echelon released the world’s first embedded control network infrastructure, the PyxosTM platform, extending the benefits of networking inside machines to the sensors and actuators that make them function.

 

Alynx, Co.

(OTC BB:AYXC)

Current Price (1.77)

www.WallStreetStockReview.com

SALT LAKE CITY--Feb 8--Alynx, Co. (OTCBB:AYXC - News) announced today it has completed its acquisition of 100% of the outstanding shares of MiMedx, Inc., a development-stage medical device company, based in Tampa, Florida.In connection with the transaction, structured as a reverse merger, Alynx issued approximately 52.9 million new shares of its common stock, and approximately 3.7 million new shares of its preferred stock (convertible into approximately 56.9 million shares of its common stock, subject to specified conditions). Also in connection with the merger, Alynx repurchased and canceled 20.0 million shares of its outstanding common stock. After the merger, there is a total of approximately 55.8 million shares of common stock and 3.7 million shares of preferred stock of Alynx outstanding, with former MiMedx shareholders holding approximately 97.25% on a fully-diluted basis. The shares issued in the merger were issued pursuant to a private placement and are not presently eligible for resale to the public.                   MiMedx, Inc. also has a wholly-owned subsidiary, SpineMedica, LLC, based in Atlanta, Georgia, led by an industry veteran, R. Lewis Bennett. MiMedx completed an acquisition of SpineMedica Corp., in July, 2007. SpineMedica, a Florida limited liability company, is a development-stage company focusing on the commercialization of medical device technologies for application in the spine and chronic back pain. SpineMedica's goal is to acquire promising technologies in this field through licensing arrangements and develop and commercialize such technologies.

 

 

 

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