WESTON, Fla., March 9, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Safe Travel Care, Inc. (OTCBB:SFTV), American Fire Retardant Corp. (OTCBB:AFRR), Advanced Optics Electronics (OTCBB:ADOT) and DF China Technology Inc. (Nasdaq:DFCT).
Aggressive investors may want to turn their sights on Safe Travel Care, Inc. (OTCBB:SFTV) this morning! Yesterday after the market closed, the company issued a press release announcing that it, in preparation of its launch, has enhanced its product line with the addition of "Restricted Air Fare" coverage!
This should be great news for investors! More and more travelers are opting to purchase highly restricted airline tickets. A missed flight can be costly. STC has responded with this unique product. It is expected that exposure to 'JUST THE TICKET' will drive customers to other products in the line.
"We are pleased to announce several truly innovative changes to our product line. We are especially pleased to announce the addition of 'JUST THE TICKET' to our portfolio. This product provides protection to clients who are traveling on restricted airfare tickets," stated Robert L. Schultz, CEO of Safe Travel Care, Inc.
Keep your eyes on this stock! "We are confident that these upgrades and 'JUST THE TICKET' are, if you'll pardon the pun, just the ticket to significantly expand our market share and increase sales of our core products. Safe Travel Care will continue to provide new and innovative products, which meet the ever changing needs of our customers," added Mr. Schultz.
The stock closed yesterday at $4.00 a share.
In case you are not familiar with the company: The need to handle emergencies while away from home is a mounting concern for all travelers today. STC's vital products are the economical "Secure" and "Secure Plus" travel protection insurance plans. These programs incorporate worldwide emergency medical evacuation and 24-hour emergency assistance with other essentials, such as: trip cancellation reimbursement; travel delay; baggage delay; lost baggage compensation, medical/dental expense coverage; flight insurance; and accidental death benefits, all at a nominal cost per travel day.
Safe Travel Care (STC) is a travel protection service company offering a vast portfolio of travel insurance products to North American travelers through marketing alliances with a full spectrum of travel professionals including tour operators, travel agencies, corporate travel, vacation planners and insurance providers. STC's objective is to expand American consumer awareness of the availability, affordability, and value of travel protection to the North American market. Management believes the North American market has tremendous growth potential that may one day rival the size of the European market where 90% of travelers utilize some form of travel insurance when traveling.
Stocks showing interesting activity yesterday were: American Fire Retardant Corp. (OTCBB:AFRR) even on 126.4 million shares traded, Advanced Optics Electronics (OTCBB:ADOT) down 3.1% on 24.2 million shares traded and DF China Technology Inc. (Nasdaq:DFCT) up 108.5% on 43.4 million shares traded.
Commentary: Economic News
"According to a survey done by the Business Roundtable, some CEOs at U.S. companies said they are planning to add jobs "sometime" this year. A separate survey also showed that a better employment outlook was expected in manufacturing. However, the monthly unemployment report for February indicated that employers had added fewer jobs than expected," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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