Wall Street News Alert -- Breaking Market News! March 31, 2004


WESTON, Fla., March 31, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: American Multiplexer Corp. (Pink Sheets:AMUT), Vascular Solutions Inc. (Nasdaq:VASC), Commonwealth Biotechnologies (Nasdaq:CBTE) and 8x8 Inc. (Nasdaq:EGHT).

Aggressive investors will want to watch American Multiplexer (Pink Sheets:AMUT) this morning! Yesterday after the markets closed, the company issued a press release announcing that it had achieved its first ever quarter revenue of $154,000 from its eFotoXpress software product!

This could be great news for investors! The revenue is the first the company has ever received and it expects that the gross profit from the sales will be approximately 70%. The sales were made directly or indirectly to major brand electronic and technology retailers. Some of the retailers that are currently selling eFotoXpress are: Amazon.com, Yahoo store, ABS Computer, J and R Music, Ray Photo Supply, Tiger Direct, Orbital Comics (London), Beach Camera, Impact Camera (Australia) and Hyuboo (Korea) and several smaller retail outlets within the USA. The company expects to sign on with CompUSA within the next two weeks.

Keep your eyes on this company! Edward Tan, CEO of AMC said, "The past 12 months have been critical period for the company. For many years the company had focused on R and D on IP Multicast technology. But until recently it had changed direction and had successfully produced a product that is now fast becoming a top sales item. Furthermore the company has developed critical sales and distribution alliances and has achieved significant reduction of its monthly expenses. The combination of these factors will result in significant continued growth in revenue and profitability. The response from the market place has been extremely positive. We are experiencing a strong demand for the product. Based on these information, 2nd quarter revenue is expected to be significantly higher than 1st Quarter."

In case you are not familiar with the company: Located in Sunnyvale, California, AMC is a major leader in developing JPEG2000 consumer products. The company continues to invest its resources in the compression technology that addresses the digital camera market and video streaming market. eFotoXpress is a software utility that uses wavelet compression technology and the new JPEG2000 standard to easily compress very large images so that they may be sent by e-mail without any loss in quality. eFotoXpress is the first product that uses the new JPEG2000 standard so that compressed images may be sent via e-mail.

Stocks showing interesting activity yesterday were: Vascular Solutions Inc. (Nasdaq:VASC) up 47.9% on 20 million shares traded, Commonwealth Biotechnologies (Nasdaq:CBTE) up 52.8% on 4.4 million shares traded and 8x8 Inc. (Nasdaq:EGHT) up 11.6% on 6.4 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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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. (WSCF has been compensated Twelve Thousand Dollars for coverage of American Multiplexer (Pink Sheets:AMUT), by a third party (Alex Consulting Inc), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive shares for extension of its services. Any shares will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock. Market commentary provided by Sonja Rudd.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.



            

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