Dallas, TX 9/21/2008 10:35:10 PM
News / Finance

OTCPicks.com Stocks to Watch for Monday, September 22nd WEBB, WRSP, LWLG, MKTY, VNBC

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 tomorrow include Webb Interactive Services Inc. (OTC: WEBB), 1worldspace Inc. (Nasdaq: WRSP), Lightwave Logic Inc. (OTCBB: LWLG), Mechanical Technology Inc. (Nasdaq: MKTY) and Vineyard National Bancorp (Nasdaq: VNBC).

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

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WEBB INTERACTIVE SERVICES INCORPORATED (OTC: WEBB)

"Up 257.14% on Friday"

Webb Interactive Services, Inc., through its minority-owned subsidiary, Jabber, Inc., engages in the development of instant messaging/presence software in the United States. The company’s products are based on the standardized extensible message and presence protocol. It serves enterprises, government agencies, telecommunications companies, Internet service providers, and independent distributors of software that require real-time communication and collaboration solutions. The company was incorporated in 1994 and is based in Denver, Colorado.

1WORLDSPACE INCORPORATED (NASDAQ: WRSP)

"Up 101.67% on Friday"

Based in the Washington, DC metropolitan area, 1worldspace™ is the world’s only global media and entertainment company positioned to offer a satellite radio experience to consumers in more than 130 countries with five billion people, driving 300 million cars. 1worldspace™ award-winning programming provides subscribers with a combination of news, sports, music, talk and entertainment, as well as brand-name content and educational programming. Leading brands from around the globe found on 1worldspace™ include the BBC, Virgin Radio UK, and RFI. 1worldspace™ satellites cover two-thirds of the earth and enable the Company to offer a wide range of innovative services for enterprises and governments globally, including distance learning, alert delivery, data delivery, and disaster readiness and response systems. 1worldspace™ is a pioneer of satellite-based digital radio services and was instrumental in the early development of the technology infrastructure used today by XM Satellite Radio.

LIGHTWAVE LOGIC INCORPORATED (OTCBB: LWLG)

"Up 79.10% on Friday"

Lightwave Logic, Inc. is a development stage company, moving toward prototype demonstration and commercialization of its high-activity, high-stability organic polymers for applications in electro-optical device markets. Electro-optical devices convert data from electric signals into optical signals for use in high-speed fiber-optic telecommunications systems and optical computers. Lightwave Logic, Inc. is a portfolio company of Universal Capital Management, Inc. (OTCBB: UCMT).

MECHANICAL TECHNOLOGY INCORPORATED (NASDAQ: MKTY)

"Up 48.72% on Friday"

Mechanical Technology, Incorporated, through its subsidiaries, engages in developing and commercializing off-the-grid rechargeable power sources for portable electronics. The company offers fuel cell power solution that consists of Mobion Chip, the direct methanol fuel cell power engine, and methanol replacement cartridges for various applications, such as mobile phones and mobile phone accessories, digital cameras, portable media players, PDAs, and GPS devices. It also provides precision non-contact physical measurement solutions, condition based monitoring systems, portable balancing equipment, and semiconductor wafer inspection tools for the manufacturing, semiconductor, commercial/military aviation, automotive, and data storage industries. The company's test and measurement instruments and systems consist of electronic, computerized gauging instruments for position, displacement, and vibration applications for the design, manufacturing, and test markets; semiconductor products for wafer characterization; and engine balancing and vibration analysis systems for military and commercial aircrafts. It sells its products directly, as well as through sales representatives and distributors to original equipment manufacturers primarily in the United States, Europe, Japan, Singapore, and internationally. The company has strategic alliance with Samsung Electronics Co., Ltd.; Duracell; and Trident Systems, Inc. Mechanical Technology, Incorporated was founded in 1961 and is headquartered in Albany, New York.

VINEYARD NATIONAL BANCORP (NASDAQ: VNBC)

"Up 58.87% on Friday"

Vineyard National Bancorp operates as the holding company for Vineyard Bank, National Association, which provides community banking services to businesses and individuals. It accepts non-interest bearing demand deposits, time deposits, savings deposits, certificates of deposit, negotiable order of withdrawal deposits, and money market deposits. The company also offers single family residential (SFR) luxury home construction loans; commercial construction loans, including loans for the construction of office buildings, retail space, churches, and multifamily/apartment projects; SFR tract construction loans; and commercial and residential real estate loans. In addition, it provides cash management services that comprise electronic deposit services; online banking services, including automated wire processing, electronic tax payments, electronic transfers, loan payments, bill payments, and account reconciliation; lockbox processing services; and positive pay service that allows business customers to review checks presented against accounts prior to disbursing funds. Further, the company offers courier services, ATMs, and kiosks; and exchange accommodator services. Vineyard National serves commercial businesses, commercial and residential real estate developers, retail community businesses, individuals, investors, and other local private and public organizations. As of December 31, 2007, it operated 16 full service banking centers in the communities of Chino, Corona, Covina, Crestline, Diamond Bar, Irvine, Irwindale, Lake Arrowhead, La Verne, Manhattan Beach, Rancho Cucamonga, San Diego, San Dimas, San Rafael, Upland, and Walnutin, California; and 3 regional financial centers in Orange, Los Altos, and Westlake Village, California. The company was founded in 1981 and is headquartered in Corona, California.

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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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