Dallas, TX 4/1/2008 10:33:07 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, April 1st UITK, CEGE, WGAT, ADST, MPPC

OTCPicks.com’s Daily Small Cap and Microcap Newsletter presents a range of the hottest small cap stocks on trading on the OTC and OTCBB markets.  In addition to our Newsletters, OTCPicks.com is quickly becoming the premier community destination for small cap and microcap traders to meet up and discuss their top stock picks. Visit http://www.otcpicks.com/ today to join this growing community.

 

Our Stocks to Watch today include Ultitek Ltd. (OTCBB: UITK), Cell Genesys Inc. (NASD: CEGE), WorldGate Communications Inc. (OTCBB: WGAT), AdStar Inc. (OTCBB: ADST), myPhotopipe.com (OTC: MPPC).

 

For the complete newsletter please visit: http://www.otcpicks.com/daily-market-movers/index.php

 

For more in-depth coverage of small cap stocks visit http://www.otcpicks.com/

 

ULTITEK LIMITED (OTCBB: UITK)

 

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

 

Company Profile: http://www.otcpicks.com/ultitek/ultitek.htm

 

Ultitek, Ltd., through its wholly owned subsidiary TAIS, has been a provider of Computerized Airline Reservations Systems software (CRS) since 1989. Today Ultitek Ltd. is the leader among reservations systems in the Russian Aviation market. In 2003, nine million passengers of 60 airlines were serviced by it, which consisted of more than 50% of the transport of passengers performed on domestic scheduled flights of carriers in Russia and the countries of the C.I.S.

 

CELL GENESYS INCORPORATED (NASD: CEGE)

"Up 19.15% in morning trading"

 

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

 

Cell Genesys is focused on the development and commercialization of novel biological therapies for patients with cancer. The company is currently pursuing two clinical stage product platforms — GVAX™ cancer immunotherapies and oncolytic virus therapies. Ongoing clinical trials include Phase 3 trials of GVAX immunotherapy for prostate cancer, Phase 2 trials of GVAX immunotherapies for pancreatic cancer and for leukemia, and a Phase 1 trial of CG0070 oncolytic virus therapy for bladder cancer. Cell Genesys continues to hold an equity interest in its former subsidiary, Ceregene, Inc., which is developing gene therapies for neurodegenerative disorders. Cell Genesys is headquartered in South San Francisco, CA and has its principal manufacturing operation in Hayward, CA.

 

WORLDGATE COMMUNICATIONS INCORPORATED (OTCBB: WGAT)

"Up 58.57% in morning trading"

 

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

 

WorldGate Communications, Inc. engages in the design, manufacture, and distribution of personal video phones in the United States and internationally. It offers Ojo video phones for in-home and business, personal video communication. The company's video phones are designed for use on the high speed data (HSD) network infrastructure primarily for video calls, ordinary voice only calls, and voice over Internet protocol calls. WorldGate Communications markets its products to HSD network operators, as well as to consumers through consumer electronics distribution channels. The company was founded in 1995 and is headquartered in Trevose, Pennsylvania.

 

ADSTAR INCORPORATED (OTC: ADST)

"Up 25.00% in morning trading"

 

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

 

AdStar, Inc. provides technology services to the classified advertising industry in the United States. It offers services using its proprietary software that electronically connects advertisers with newspaper publishing systems, as well as online advertising formats. The company enables professional advertising agencies, businesses, and individuals to send ads to publishers electronically. Its services are provided on an application service provider (ASP) basis, enabling publishers to expand their relationships with advertising customers using a single integrated platform. The company's professional software applications accept transmissions from classified advertising agencies and corporations using desktop software and Web-based communications. Its ASP Web site technology enables visitors to a newspaper's Web site, giving the opportunity to buy classified ads, for both the print and/or online editions of the newspaper on a 24/7 basis. AdStar's XML Gateway technology allows third parties, internal newspaper applications, and Web publishers to facilitate the processing of classified advertising. In addition, the company, through its subsidiary, Edgil Associates, Inc., provides credit card processing services to the newspaper industry. Edgil offers system integration services, installation support, training, and customer service. Its software product, EdgCapture, allows publishers and groups of publishers to establish their own private payment processing interfaces. The company was founded in 1986 and is based in Marina del Rey, California.

 

MYPHOTOPIPE.COM INCORPORATED (OTC: MPPC)

"Up 150.00% in morning trading"

 

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

 

MyPhotopipe.com provides online photo processing services in the United States. Its services include digital photo processing, photo finishing, online sharing, online hosting and selling of photographs, and online storage. The company serves studios, colleges, sports photographers, teams, landscape photographers, television stations, commercial decorating firms, studio photographers, modeling agencies, clubs, wedding photographers and other professional photographers. MyPhotopipe.com was founded in 1989 and is based in Atlanta, Georgia.

 

About OTCPicks.com

 

OTCPicks.com is fast becoming the premier Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. OTCPicks.com presents the latest information for the discerning small cap and microcap investor.  The site features informative articles on microcap investing, the top penny stock picks, and a wealth of small cap research on vertical markets. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.

 

Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

 

Disclosure: OTCPicks.com has been compensated seven thousand five hundred dollars by a non-controlling third party for UITK advertising and promotional services.

 

OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.