WESTON, Fla. March 31, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: WARP Technology Holdings, Inc. (OTCBB:WRPT), Intergraph Corporation (Nasdaq:INGR), Axeda Systems Inc. (Nasdaq:XEDA) and NPS Pharmaceuticals Inc. (Nasdaq:NPSP).
Aggressive investors will want to watch WARP Technology Holdings, Inc. (OTCBB:WRPT) this morning! Yesterday after the markets closed, the company issued a press release announcing that Holiday Autos, the world's largest leisure car rental broker, has selected SpiderCache to significantly improve the performance of its call center operations! Working with Estafet, WARP's UK partner, Holiday Autos' 160-seat call center achieved a ten-fold increase in application performance and reduced average call time by 30 percent from three minutes down to two.
This should be great news for investors! A subsidiary of lastminute.com, Europe's largest online travel site, Holiday Autos operates in 40 countries and offers low cost car rental in over 4,000 locations worldwide.
WARP's SpiderCache helped Holiday Autos eliminate bottlenecks and speed transaction processing times of its Web-based booking application from six seconds to six-tenths of a second. This ten-fold performance increase helped ensure timely and more responsive customer service. Additionally, the new system reduced the number of required application servers by nearly 50 percent, while providing more capacity.
The stock closed yesterday at twenty-two cents a share.
Keep your eyes on this company! Available as software or as a software-based appliance, SpiderCache offers a non-intrusive solution to improve the speed, capacity, and reliability of Web-based applications and dynamic content, such as online transaction systems. The software is designed to remove server-side bottlenecks, while extending the capabilities of existing IT infrastructures.
In case you are not familiar with the company: WARP Technology Holdings is a leading provider of network and application acceleration software. Through its subsidiaries WARP Solutions, Inc. and SpiderSoftware, Inc., and its licensing arrangement with iMimic Networking, Inc., the company offers a strategic portfolio of software and soft-appliance solutions to significantly improve the speed, performance, and reliability of business-critical applications and content delivered over IP-based networks.
Stocks showing interesting activity yesterday were: Intergraph Corporation (Nasdaq:INGR) up 16% on 3 million shares traded, Axeda Systems Inc. (Nasdaq:XEDA) up 12.5% on 679,300 shares traded and NPS Pharmaceuticals Inc. (Nasdaq:NPSP) up 7.2% on 12.1 million shares traded.
Commentary: Home-Sweet-Home
"According to the National Taxpayers Union, an advocacy group for property owners, you can challenge your property assessment and tax bill and maybe come out ahead. They say that anywhere from 30-60% of all property assessments are above the actual market value, however, less than 5% of all property owners' appeal. How do you prove your home is overvalued: first, read your latest assessment; look for clues such as over stating your homes square footage, bathrooms, bedrooms, etc., second, check for home sales of similar homes in your area or development, third, check with local realtors. Lastly, use photos of your home when your go see the county or local tax authority," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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