Dallas, TX 2/20/2008 6:55:49 AM
News / Finance

OTCPicks.com Stocks to Watch for Wednesday, February 20th AWYI, TTGLE, VRSO, WTVN, SSII, SHMM

Our Stocks to Watch tomorrow include Ariel Way, Inc. (OTCBB: AWYI), Titan Global Holdings, Inc (OTCBB: TTGLE), Verso Technologies, Inc. (NASD: VRSO), Wi-Fi TV Inc. (OTC: WTVN), Scenario Systems International (OTC: SSII) and Southern Home Medical Equipment, Inc. (OTC: SHMM).

 

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ARIEL WAY INCORPORATED (OTCBB: AWYI)

"Up 48.33% on Tuesday"

 

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

 

Ariel Way, Inc. operates as a technology and services company for global communications, multimedia, and digital signage solutions and technologies. It develops and deploys solutions for business television, digital signage, and interactive media delivered over a combination of satellite, terrestrial, and wireless local networks. The company's digital signage service includes technologies using LCD television and plasma screens to deliver video based messaging directly to consumer audiences. Its integrated multimedia services include music radio, video, and Internet protocol based file transfer for training/catalogs/point of sale integrated with other information to the clients. Ariel Way serves finance-oriented services companies primarily in United Kingdom. The company is headquartered in Vienna, Virginia.

 

AWYI News:

 

February 14 - Ariel Way, Inc. Completes Agreement to Acquire Syrei Holding UK, Ltd

 

Ariel Way, Inc. (OTCBB: AWYI) announced that, on February 13, 2008, the Company completed and signed the definitive Agreement and Plan of Merger to acquire Syrei Holding UK, Ltd, a UK and Sweden based telecom-consulting firm comprised of senior specialists and experts in the evolving global telecommunications market (www.syrei.com). The transaction has a two-step closing process with a first expected closing within a few days, on or around February 19, 2008.

 

Arne Dunhem, Ariel Way president and CEO, said, “Many have been awaiting the news on the Syrei transaction. For various reasons, our signing of the agreement got delayed. We are truly excited with Syrei becoming part of Ariel Way. Syrei president Thomas Strangert's team of technical experts have over ten years successfully been providing and will continue to provide services worldwide to major corporations and telecom operators. They will also add global expertise to our strategy of building a state-of-the-art highly secure Digital Signage Network and will have primary focus on markets in Europe and Asia. We expect this acquisition to be immediately accretive to Ariel Way's earnings.”

 

Thomas Strangert, CEO of Syrei, said, “This transaction is a fascinating step for Syrei and we believe we can add a new strategic dimension to Ariel Way. We are excited about actively supporting the Digital Signage activities in Europe and Asia in addition to continue to expand our current customer base on a worldwide basis.”

 

Syrei, founded in 1997, is a telecom-consulting firm operating out of the UK and Sweden comprised of senior specialists and experts in the evolving global telecommunications market. Syrei's management and technical experts have successfully delivered professional services to value added service providers, telecom equipment manufactures and operators in more than 40 countries around the world. Syrei is a complete solution provider and a system integrator that is able to accept the total responsibility of large and complex projects. Syrei's consultants have been brought in to advise and aid major corporations and telecom operators like Ericsson, Nokia, 3GIS, ABB, Orange, SonyEricsson, Swedbank, Tele2, TeliaSonera, TIM etc.

 

TITAN GLOBAL HOLDINGS (OTCBB: TTGLE)

"Up 39.58% on Tuesday"

 

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

 

Titan Global Holdings, Inc., through its subsidiaries, provides various communications, and connectivity services and products in the United States. It operates in two segments, Communications, and Electronics and Homeland Security. The Communications segment provides international prepaid telecommunications solutions that include prepaid international long distance cards, prepaid wireless services, and pinless international dialing services. This division distributes its products and services through wholesale distributors and retail chains in 50 states and Puerto Rico. The Electronics and Homeland Security segment manufactures quick-turn and prototype printed circuit boards, and printed circuit boards for the high-end commercial customers and the U.S. defense industry. This segment also offers process development and system testing services. Its products are used in telecommunications, medical devices, automotive, military applications, aviation components, networking, and computer equipment. This segment serves PCB design companies, original equipment manufacturers, chip designers, contract manufacturers, and electronics manufacturing service providers. The company is headquartered in Richardson, Texas.

 

TTGLE News:

 

February 19 - Titan Global Holdings Announces Investor Conference

 

CEO to Discuss Strategic Plan to Restore Long-Term Shareholder Value

 

Titan Global Holdings, Inc (OTCBB: TTGLE), a high-growth diversified holding company, will host an investor conference call with a simultaneous webcast, today at 12 pm Eastern, to discuss the Company’s recently announced reorganization plan that will effectively split Titan into four separate public companies to create significantly greater opportunities for building shareholder value.

 

During the conference call, Bryan Chance, Chief Executive Officer of Titan Global Holdings, will also discuss the Company’s recently released revenue and earnings report and other milestone achievements.

 

Titan's wholly owned subsidiaries are capitalizing on a broad range of technological innovations spanning energy, product brands, telecommunications, electronics and homeland security. Derived from internal development and strategic acquisitions, Titan delivers cost-effective, secure, and environmentally-friendly solutions for customers around the world.

 

VERSO TECHNOLOGIES INCORPORATED (NASD: VRSO)

"Up 38.81% on Tuesday"

 

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

 

Verso Technologies, Inc., a technology company, provides communications network solutions to the carriers, enterprises, governments, and government related entities in the United States. It operates in two segments, Technologies Group and Advanced Applications Services Group. The Technologies Group develops softswitch, software, and hardware-based converged packet solutions that use various protocols, such as VoIP, VoIP based applications, and server devices that provide multiplexing and transport of voice and data services, as well as other protocols for specialized applications, which include global system for mobile communication and CDMA backhaul, and voice/data over satellite transmissions. Its solutions enable service providers to deploy converged communication networks. This segment also offers software-based solutions for Internet access and usage management that include call accounting and usage reporting for Internet protocol network devices. Further, it involves in the manufacture, sale, and support of the iMarc product line comprising asynchronous transfer mode, IP service units, and branch monitors that provide intelligent demarcation between carrier and enterprise networks, as well as develops, manufactures, markets, and sells broadband access solutions for computer networks. Technologies Group serves tier I telecommunications carriers, international service providers, domestic rural carriers, and Internet service providers. The Advanced Applications Services Group offers outsourced technical application services and application installation and training services. The company was founded in 1983 and is headquartered in Atlanta, Georgia.

 

VRSO News:

 

February 19 - Verso Announces Fourth Quarter 2007 Conference Call

 

Verso Technologies, Inc. (NASD: VRSO), a global provider of next generation network solutions, announced that senior management will hold its fourth quarter 2007 conference call on March 13 2008 at 5:00 PM ET. During this call, Verso's senior executives will discuss the company's financial results for the fourth quarter of 2007 and respond to questions.

 

Investors are invited to participate by calling 888.428.4480. (Domestic) or 1.651.291.5254 (International) at the scheduled time and using the access code 912326. Investors may also listen to a live webcast of the call which can be accessed through the investor section of the Verso Web site, http://www.verso.com/. To listen to the call via the web, please go to the Verso website at least 15 minutes early to download and install any necessary audio software.

 

For those who are unable to listen to the live broadcast, the webcast will be archived on the investor section of Verso's website for 15 days. A telephonic replay of the call will be available from 7:30 p.m. ET on March 13, 2008 through 11:59 p.m. on March 28, 2008 at 800.475.6701 for domestic callers and 320.365.3844 for international callers, the access code is 912326.

 

Verso Announces Reseller Agreement With Nortel

 

Agreement Sets Stage for Low Cost Voice Over WiMAX

 

Verso Technologies, Inc. (NASD: VRSO), a global provider of next generation network solutions, announced that it has signed a worldwide reseller agreement with Nortel (NYSE: NT). The agreement enables Nortel to sell Verso products worldwide and includes provisions for Verso to provide product installation, support, maintenance, and other services to Nortel and its customers.

 

“Verso has several products designed to optimize and enhance VoIP over WiMAX capabilities,” said Steve Odom, Verso's chairman and chief executive officer. “We have completed a rigorous testing process with Nortel and our global sales team has been working towards this day for some time. I'm pleased to announce that Nortel has decided to begin using Verso products to further enhance their WiMAX offering.”

 

Verso can help Nortel lower the cost of ownership of end to end voice over WiMAX solutions by enabling a fully integrated converged billing solution for both voice and WiMAX services. The solution uses the Verso Vclear Application Server — in conjunction with Nortel's next generation Communication Server 2000 IP softswitch — to deliver pre-paid voice services over any access technology, including Nortel's innovative WiMAX solution.

 

“This agreement and relationship is validation of our strategy to partner with the highest quality organizations to serve the emerging WiMAX market,” said Mark Dunaway, Verso's president and chief operating officer. “This agreement comes along with a purchase order and allows for Verso to expand our relationship with Nortel over time as we continue to work closely with them and serve their needs. This is yet another example of Verso solutions adding value to WiMAX network infrastructure manufacturers and service providers.”

 

WI-FI TV INCORPORATED (OTC: WTVN)

"Up 40.00% on Tuesday"

 

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

 

Wi-Fi TV, Inc. delivers live television channels and other video-based content through the Internet. It provides media content, including movies, film clips, and electronic books in multiple delivery formats, such as windows media and real player, through its Web site, Wi-FiTV.com, as well as through other related Web sites. The company, formerly known as Kanakaris Wireless, Inc., was founded in 1991. Wi-Fi TV is based in Newport Beach, California.

 

WTVN News:

 

February 19 - Wi-Fi TV Inc. 2008 Business Plan

 

Wi-Fi TV Inc. (OTC: WTVN) has posted a video overview of its 2008 business plan and it can be seen on-demand, along with other informational videos pertaining to Wi-Fi TV and its Social Internet TV™ website, http://www.wi-fitv.com/, at http://www.wi-fitvnewsblog.com/.

 

NO REVERSE SPLIT PLANNED AND GROWTH PLAN ANNOUNCED

 

In addition, the Company today made the following announcement to shareholders in response to questions that it has received:

 

1. The Company has no plans at this time do a reverse stock split in 2008.

 

2. The Company’s Chairman and Officers have not sold any common stock of the Company for the past several years.

 

3. The Company’s Chairman has agreed not to sell any common stock of Wi-Fi TV in 2008 (unless they are sold as part of a merger or acquisition agreement between Wi-Fi TV Inc. and another company or entity).

 

4. The Company, which was founded in 1995 and has been public since 1997, has no plans to file bankruptcy and/or curtail operations, and, to the contrary, is expanding the scope of its www.Wi-FiTV.com web site to China and other regions in 2008.

 

5. There is no current or pending litigation against the Company.

 

6. The Company intends to file for a listing on at least one foreign stock exchange listing for either Wi-Fi TV Inc. during 2008. The Company has been informed through its Frankfurt agent, that it was approved for listing in 2007 on the Frankfurt Exchange and, to the best of its knowledge, is still approved for this listing. The Company has delayed the listing in order to insure it is the best of several potential listing opportunity options for the Company.

 

7. The Company will use its best efforts to increase sign-ups to Wi-Fi TV, and thus increase market share in the growing field of Internet TV, in which the Company is a pioneer.

 

8. The Company will use its best efforts to increase sales and profitability through the marketing of Wi-Fi TV station sales, video and banner ad sales, premium content, and product sales during 2008.

 

9. The Company believes there is a significant demand both in the U.S. and abroad that can be fulfilled through the sale of Wi-Fi TV Stations, and it believes these sales can result in increased gross profits in 2008.

 

10. The Company will use its best efforts to make the Company an attractive candidate for a partial or controlling acquisition by a larger company that would be interested in Internet TV market share.

 

11. The Company will continue to implement as quickly as possible its 190 point web site development plan. In the past week, the Company has implemented a new Free and Easy sign-up process and today is launching a two-tier ticker tape which allows immediate access to new content and features on Wi-Fi TV.

 

12. The Company will consider aggressive litigation against any libelous or intentionally misleading statements posted in chat rooms with the intention of harming the Company’s operations, stock value, or reputation.

 

13. The Company’s long-term plan is to reduce its debt which consists primarily of convertible debt and stock financing which is publicly disclosed in financial statements posted on PinkSheets. In the short term, the Company plans to increase its value through the expansion of its web site http://www.wi-fitv.com/ and to allot the resources necessary to fulfill its ambitious goals.

 

14. The Company believes that it has positioned itself be a leader on the Internet in 2008 in terms of numbers of viewers, compelling content, increasing number of content relationships, sales of Internet TV stations, and the global delivery of Internet TV.

 

SCENARIO SYSTEMS INTERNATIONAL (OTC: SSII)

"Up 29.63% on Tuesday"

 

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

 

Scenario Systems International (SSII) helps clients transform their information technology to better support a high performing business or government. The company delivers measurable business value from a full range of innovative, industrialized technology consulting solutions. SSII personnel have years of experience helping clients around the world use their IT investments to drive innovation, productivity and growth to achieve higher performance. SSI's experienced integration professionals have been involved in some 50 engagements with Fortune 1000 companies that have driven upwards of $500M in synergy savings. Our professionals combine extensive hands-on experience with relevant industry and implementation backgrounds that averages over 20 years of experience per consultant.

 

SSII News:

 

February 19 - Scenario Systems Announces Strong Fourth Quarter 2007 Earnings Exceeding Expectations By Growing 379%

 

Scenario Systems International (OTC: SSII) announced that revenues from operations for the fourth quarter ended December 31, 2007 were $685,000 compared with $143,000 for the fourth quarter ending December 31, 2006.

 

Commenting on the results, CEO William Boll stated that, "I am very pleased with our performance in the fourth quarter, which contributed to our record operating performance in 2007, our fourth consecutive quarter of earnings growth. We finished the quarter with strong demand and established a new mark for volume." Mr. Boll added, "We experienced sales growth in all of our focus areas. In short, our performance reflects the underlying strength, diversity and resiliency of our business."

 

SOUTHERN HOME MEDICAL EQUIPMENT (OTC: SHMM)

"Up 33.33% on Tuesday"

 

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

 

Southern Home Medical Equipment, Inc. provides various home care services and products, including respiratory and durable medical equipment. Its products and services include respiratory therapy and consultation; oxygen, ventilators, and trach care; respiratory medications; CPAPs and BiPAPS; enteral tube feeding products; support surfaces and mattress replacement products; semi-electric beds and wheelchairs; and various mobility products. The company is based in Spartanburg, South Carolina.

 

SHMM News:

 

February 19 - Southern Home Medical Announces Apnea RX Exceeds Revenue Forecast by 9.7%

 

Southern Home Medical Equipment, Inc. (OTC: SHMM) announced that its subsidiary Apnea RX generated sales of $65,805 in the month of January, surpassing its sales projection of $60,000. Apnea RX's primary business is supplying durable medical equipment for the treatment of long-standing or severe sleep-disordered breathing, also known as sleep apnea, with a secondary focus on respiratory products.

 

Sleep Apnea causes persons to involuntarily stop breathing dozens of times each night, waking them up gasping for breath. More than 18 million Americans suffer from the most common form of sleep apnea, Obstructive Sleep Apnea (OSA), and up to 90% of persons with the disorder remain undiagnosed. Greg Tucker, President of Southern Home Medical, stated, "When we acquired Apnea RX this past year, we established an immediate footprint for servicing the growing sleep market. Apnea RX specializes in continuous positive airway pressure (CPAP) and BiPAP (Bilateral) equipment to treat OSA. Awareness of the issues aggravated by sleep apnea such as exhaustion, oxygen deprivation, stroke, high blood pressure, and Type II diabetes is on the rise, and make detecting and treating sleep apnea more important than ever. Apnea RX is poised to meet anticipated increased market demand for those seeking comfort and management of their sleep disorders and other respiratory illnesses."

 

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