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Our Stocks to Watch today include Ultitek Ltd. (OTCBB: UITK), AQUAGOLD International Inc. (OTC: AQUI), Restore Medical Inc. (NASDAQ: REST), Solomon Technologies Inc. (OTC: SOLM), XsunX Inc. (OTCBB: XSNX)
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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.
AQUAGOLD INTERNATIONAL INCORPORATED (OTC: AQUI)
"Up 14.29% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/AQUI.php
AQUAGOLD branded premium Canadian Spring Water is presently being shipped into China. In 2005, sales of bottled water in China experienced strong growth of 16% (liters) and 15% (RMB/$) to reach 11.2 billion liters and RMB24.1 billion or $3.17 billion USD in volume and current value terms. The estimates on AQUAGOLD'S China contract alone exceed $500 million in revenues, however, how much in excess will follow in the near future resulting from ongoing marketing activities such as the upcoming trade show in Shanghai, China over the coming few weeks. AQUAGOLD is actively pursuing additional growth and is focused on growing market share in China as well as the rest of Asia, and the Company anticipates even more substantial opportunities in the near future as the Chinese capital city of Beijing hosts the 2008 Olympic Summer Games.
RESTORE MEDICAL INCORPORATED (NASD: REST)
"Up 16.54% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/REST.php
Restore Medical, Inc. engages in the development, manufacture, and marketing of Pillar palatal implant systems. The company's Pillar palatal implant system is used for the treatment of soft palate components of sleeps disordered breathing, including obstructive sleep apnea and snoring. The company markets and sells its products to otolaryngologists, including ear, nose, and throat physicians; and oral maxillofacial surgeons in North America, South America, Asia Pacific, Europe, the Middle East, and South Africa. The company was founded in 1999 and is headquartered in St. Paul, Minnesota.
SOLOMON TECHNOLOGIES (OTCBB: SOLM)
"Up 18.67% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SOLM.php
Solomon Technologies, Inc. engages in the development, engineering, manufacture, license, and sale of electric power drive systems. Its systems incorporate the patented ?Electric Wheel' and ?Electric Transaxle' proprietary technologies for automotive, hybrid and all-electric vehicle applications. The company principally offers two lines of propulsion systems, ST Electric Wheel series or STEW that operate with a planetary gear-set and ST Electric Motor series or STEM that operate without a planetary gear-set. Its systems consist of the motor and controller, the safety power management distribution unit, the battery bank and battery charger, an e-meter, ammeter, keyswitch, DC breakers, and a throttle control. The company also offers optional configurations to include generators for hybrid charging configurations, inverters for AC applications, and a DC to DC charger for maintaining 12v DC house power. Its markets include recreational marine industry for original equipment manufacturer, and retrofit applications and the commercial marine industry, including lifeboats, motor launches, and small military water craft projects. Solomon Technologies was founded in 1992 and is based in Tarpon Springs, Florida.
XSUNX INCORPORATED (OTCBB: XSNX)
"Up 6.38% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/XSNX.php
Xsunx, Inc., a thin-film photovoltaic (TFPV) company, focuses on developing thin film photovoltaic (TFPV) amorphous silicon solar cell manufacturing processes to produce TFPV solar modules. Its product includes XsunX ASI-120 module, which is a 125 peak watt TFPV solar module utilizing glass substrates and a proprietary semiconductor manufacturing system. XsunX ASI-120 provides for a module delivering high power output, and size and framing that would allow for the use of various existing mounting systems. The target markets for the TFPV solar module include solar farms, government agencies, and utility companies, as well as power purchase agreements and large commercial installations worldwide. The company, formerly known as Sun River Mining, Inc., was incorporated in 1997 and changed its name to XsunX, Inc. in 2003. XsunX is headquartered in Aliso Viejo, California.
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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.
