Dallas, TX 9/18/2008 11:58:20 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, September 18th CTGI, MBHI, FFGO, NTEC

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 CSMG Technologies Inc. (OTCBB: CTGI), Midwest Banc Holdings Inc. (Nasdaq: MBHI), Fortress Financial Group Inc. (OTC: FFGO) and Neose Technologies Inc. (Nasdaq: NTEC).

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CSMG TECHNOLOGIES INCORPORATED (OTCBB: CTGI)

"Up 31.58% in morning trading"

CSMG Technologies, Inc. together with its subsidiaries, operates as a technology management company. The company engages in owning, developing, patenting, managing, licensing, and marketing technologies. Subsidiary Live Tissue Connect (LTC) provides live biological tissue bonding technology that focuses on bonding living soft biological tissue used in surgical procedures, without the use of sutures, staples, sealants, or glues. In July 2008, LTC received US FDA 510(k) clearance to market its VAD System for Duct and Vessel sealing. In late August 2008 LTC was awarded CE Mark (Conformité Europèéne) certification clearing the way for marketing in Europe. In June 2008, CSMG acquired Carbon Capture Technologies Inc. which owns a worldwide exclusive license to a composition and method for use of a novel Carbon Dioxide (CO2) adsorbent. Researchers at the University of Ottawa developed recyclable CO2 adsorbents based on surface modified nanoporous silicas. The materials show fast and reversible high adsorption capacity, allowing it to be reused repeatedly in a high throughput periodic cyclic adsorption process. The adsorbents can be used in both wet and dry environments, potentially eliminating significant engineering challenges. The potential uses for the technology include capturing the bulk of C02 emissions from coal-fired power plants in order that these greenhouse gasses could be sequestered and thus reduce the carbon footprint of such facilities, as well as surgical and mine rescue applications. CSMG was incorporated in 1992 and is headquartered in Corpus Christi, Texas.

MIDWEST BANC HOLDINGS INCORPORATED (NASDAQ: MBHI)

"Up 22.07% in morning trading"

Midwest Banc Holdings, Inc., with $3.7 billion in assets, provides a wide range of retail and commercial banking services, personal and corporate trust services, securities services and insurance brokerage services in the greater Chicago area. The principal operating subsidiaries of Midwest Banc Holdings, Inc. are Midwest Bank and Trust Company and Midwest Financial and Investment Services, Inc. Midwest has 29 banking offices and operates 31 ATMs. Midwest is a member the Allpoint®/STARsf® surcharge-free network. Midwest customers have access to thousands of surcharge-free ATMs nationwide, with over 1,000 ATMs in the Chicagoland area.

FORTRESS FINANCIAL GROUP (OTC: FFGO)

"Up 50.00% in morning trading"

Fortress Financial Group, Inc. operates as a reseller of domestic and international MasterCard debit cards. The company is based in the Bradenton, Florida.

NEOSE TECHNOLOGIES INCORPORATED (NASDAQ: NTEC)

"Up 13.04% in morning trading"

Neose is a clinical-stage biopharmaceutical company focused on the development of next-generation therapeutic proteins that are competitive with best-in-class protein drugs currently on the market. The lead candidates in its pipeline, GlycoPEG-GCSF for chemotherapy-induced neutropenia, and GlycoPEGylated hemostasis compounds Factor VIIa, Factor VIII and Factor IX target markets with aggregate 2007 sales of approximately $8 billion.

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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.

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