WESTON, Fla., June 2, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: CyberKey Corporation (Pink Sheets:CYKY), I.D. Systems Inc. (Nasdaq:IDSY), Travelzoo Inc. (Nasdaq:TZOO) and Serologicals Corporation (Nasdaq:SERO).
Aggressive investors and traders will want to watch CyberKey Corporation (Pink Sheets:CYKY) this morning! Yesterday after the markets closed, the company issued a press release announcing that it has made significant progress, and completed a number of significant milestones towards profitability!
This could be great news for investors! CyberKey continues its drive to implement user-centric digital rights management (DRM) in a two pronged strategy of building an entertainment web portal utilizing its patent pending rights management technology to secure downloaded music, movies, documents and applications, and securely authenticate consumers and business users.
The company has secured a number of content providers for its CyberKey Entertainment portal and will be making disclosure on specifics as it nears completion of the web site.
Additionally they have made good inroads into expanding its production capability, capacity, and functionality of its product line. This last quarter it secured domestic production capability to compliment its offshore capacity. And CyberKey completed design and took first article delivery of its new CyberKeyMP3 devices
Investors should really keep this company on your radar screen! CyberKey has also executed on its enterprise product strategy with the announcement of its first strong authentication CyberKey with its new biometric CyberKeyBIO. CyberKeyBIO utilizes the onboard hardware based CyberKey identifier, and the users thumb print to securely identify a user. And CyberKey will be producing larger capacity CyberKeys to keep up with the ever-increasing storage requirements of today's business applications, and consumers' digital entertainment appetite.
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: I.D. Systems Inc. (Nasdaq:IDSY) up 18.6% on 661,800 shares traded, Travelzoo Inc. (Nasdaq:TZOO) up 2.2% on 1 million shares traded and Serologicals Corporation (Nasdaq:SERO) up 13.1% on 1.8 million shares traded.
Commentary:
"Tuesday the new Medicare drug discount card goes into effect. Estimates are the cards offer around 11-17% off retail for brand names and 30-60% off generics. Price comparisons, as there are dozens of cards, can be found at www.medicare.gov," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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