WESTON, Fla., May 25, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: CyberKey Corporation (Pink Sheets:CYKY), NeighborCare Inc. (Nasdaq:NCRX), Chordiant Software Inc. (Nasdaq:CHRD) and FactSet Research Systems (NYSE:FDS).
Aggressive investors and traders will want to watch CyberKey Corporation (Pink Sheets:CYKY) this morning! Yesterday after the markets closed, the company issued press release announcing that it has entered into a comprehensive Letter of Intent (LOI) with Max.com!
This could be great news for investors! According to the press release:
-- Max will purchase of CyberKeyMP3 devices with bundled DRM and personal privacy software.
-- Linkage between Max.com and CyberKey Entertainment to include single sign on from the Max.com web site to CyberKey Entertainment for music on-demand.
-- Addition of movies on-demand when available through CyberKey Entertainment.
-- Joint development to include incorporation of CyberKey technology into future Max.com movies on-demand products.
Investors should really keep this company on your radar screen! "This agreement is a very important mile stone for CyberKey, because it is yet another point of validation for our technology and market positioning of our base line CyberKey solutions," said CyberKey Chairman and founder, Jim Plant. He continued, "We have been investing resources into a new paradigm of secure on-demand digital content and services. Our CyberKey technology creates a secure platform from which digital content owners (music, movies, ebooks, applications, etc.) can be assured they have the ability to enforce whatever consumer rights they choose to offer consumers with their content. With a CyberKey and CyberKey enabled on-demand web portals, like our own CyberKey Entertainment, consumers will be able to consume digital resources as easy as using email. And, content owners can be assured they can enforce their digital rights to their content."
The stock closed yesterday at five cents a share.
In case you are not familiar with the company: CyberKey Corporation is based in St. George, Utah, partners with industry leading market makers to deliver secure USB drive based solutions and services to vertical markets, content owners, distributors, service providers, and resellers. CyberKey solutions solve real world issues in entertainment, education, government, military, auto, financial services, and medical industries. CyberKey technologies allow users to securely untether large amounts of electronic data, files, and the software applications between personal computer and other digital devices and appliances. For more information, visit CyberKey's Web site at www.cyberkeycorp.com.
Stocks showing interesting activity yesterday were: NeighborCare Inc. (Nasdaq:NCRX) up 57.9% on 12.7 million shares traded, Chordiant Software Inc. (Nasdaq:CHRD) up 16.3% on 1.7 million shares traded and FactSet Research Systems (NYSE:FDS) up 6.5% on 1.3 million shares traded.
Commentary:
"Telephone portability rules: Federal rules extended to nationwide coverage starting Monday allowing cellphone users to keep their phone numbers when switching carriers. This took effect last November for the top 100 phone carriers, but now extends to all wireless operators," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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