eLocity Inc. -- Thursday's Stock Focus Stock Watch Alert Issued for, ARTX, SIRI, SOLM


SARASOTA, Fla., April 8, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.:

Investors may want to keep a close watch on Arotech Corp. (Nasdaq:ARTX), SIRIUS Satellite Radio (Nasdaq:SIRI), and Solomon Technologies (OTCBB:SOLM).

Arotech Corp. (Nasdaq:ARTX), announced April 2 that its Electric Fuel subsidiary has received a follow-on contract from an Israeli security agency. Under the terms of the contract, Electric Fuel will continue developing prototype zinc-air cells for Micro Aerial Vehicles (MAV) that can maintain flight for extended periods of time. Shares of ARTX ended Wednesday at $2.84, UP $.66 (30.28%) on much heavier than usual volume of 35,960,450 compared to its daily average volume of 1,211,700.

Also making waves is SIRIUS Satellite Radio (Nasdaq:SIRI); the company announced Wednesday that the brand new Jeep(r) Grand Cherokee will feature SIRIUS Satellite Radio as a factory-installed option beginning with the 2005 model year production. The factory programs will cover all five Grand Cherokee models, which will arrive at Jeep dealerships in the fall. SIRI ended Wednesday at $4.02, UP $ 0.13 (3.34%) on very heavier volume of 199,183,454.

Thursday's Stock Focus Alert:

Investors and boaters alike may want to swing over and check out Solomon Technologies (OTCBB:SOLM); the company announced Wednesday after the closing bell that Manta Catamarans with its 42-foot SailCat has joined the list of builders installing Solomon Technologies Electric Drive in their customers' new boats. This environmental friendly alternative to fuel engines through its proprietary propulsion systems and patented Electric Wheel(r) technology, offers a unique electric motor design with an ability to efficiently regenerate electricity and is leading the way in the recreational boating industry's adoption of this fundamental new technology. Solomon has been successfully installing and supporting marine installations of its patented and proprietary electric motor drive systems around the world. Solomon provides propulsion systems for new boat designers as well as for those replacing existing diesel motors and is responding to customer inquiries for high growth, high volume land-based vehicles, machinery and many other applications.

About eLocity Inc: eLocity owns and operates three financial websites for investors.

-Bell2Bell.com. Visit http://www.bell2bell.com/ for news stories, rumors, the InvestBoard and more.

-PennyPicks.com, http://www.pennypicks.com/. Featuring active message boards for the penny stock trader, rumors and more.

-StockGrid.com, http://www.stockgrid.com/. Visit this site for our daily top stock "GRID Makers". We rank stocks on volume, message board activity, sentiment and trend forecast.

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The newsletter is provided by eLocity Inc.; an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company". The company received compensation for this newsletter service for Solomon Technologies only. The compensation is four thousand dollars from a non-affiliated third party Alex Consulting Inc. Because the company is receiving compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

The company reserves the right to trade in securities mentioned herein, and may make purchases or sales in such securities featured within our newsletter reports. The information contained in this publication is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. All statements of opinions, if any, (Our Summary) are those of the company.

The company relies exclusively on information gathered from the client, public filings on client, press releases and client's web site. Investors should use the information contained in this publication as a starting point for conducting additional research on the featured client in order to allow the investor to form his or her own opinion regarding the featured clients. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investment in the clients reviewed is speculative and a high-risk, and may result in the loss of some or all of any investment made in the client. This release may contain statements that constitute 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.

The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.



            

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