WESTON, Fla., June 3, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: WARP Technology Holdings, Inc. (OTCBB:WRPT), Trico Marine Services (Nasdaq:TMAR), Wave Systems Corp. (Nasdaq:WAVX) and Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq:QTWW).
Aggressive investors and traders will want to keep a close eye on WARP Technology Holdings, Inc. (OTCBB:WRPT) this morning. Yesterday after the markets closed, the company issued a press release announcing that a new trade-up program for its DataReactor software targeting K-12 schools and educational institutions!
Through June 30, WARP is offering K-12 schools and educational institutions a 50 percent discount on its DataReactor Web caching and content filtering solution.
This could be great news for investors! The DataReactor trade-up program is geared toward schools that currently have a caching system deployed and are looking to upgrade, refresh, or replace their existing third-party solution, such as Inktomi, Volera, BlueCoat, Cisco, and Network Appliance. In addition to improving Web performance, WARP's DataReactor caching software provides comprehensive content filtering capabilities that can be integrated with tools from third-party vendors such as N2H2, 8e6, WebTrends, SmartFilter, and Cerberian.
With the Children's Internet Protection Act (CIPA), schools are faced with the challenge of adhering to regulations, such as using technology protection measures to block or filter online content, and adopt an Internet safety policy. DataReactor ensures CIPA compliance, allowing schools to guarantee content is appropriately filtered without affecting Web performance.
Keep your eyes on this company! Many school districts are looking at caching technologies for a variety of compelling reasons, including bandwidth congestion relief, content filtering, streaming media for e-learning initiatives, or simply to replace their existing, outdated systems. DataReactor powers some of the fastest caches in the world. It offers unparalleled performance and resource efficiency, which allows educational institutions to optimize their existing technology infrastructure.
This trade-up program reinforces WARP's commitment to the education market, and follows several recent strategic announcements, including one with Education Networks of America (ENA) and another with Astrum. Both companies are leading suppliers of technology and services educational institutions.
The stock closed yesterday just above eight cents a share.
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 hardware solutions to significantly improve the speed, performance, and reliability of business-critical applications and content delivered over IP-based networks. For more information please visit www.warpsolutions.com.
Stocks showing interesting activity yesterday were: Trico Marine Services (Nasdaq:TMAR) up 66.6% on 5.5 million shares traded, Wave Systems Corp. (Nasdaq:WAVX) up 14.8% on 2.3 million shares traded and Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq:QTWW) up 10.9% on 895,200 shares traded.
Commentary:
"Consumer sentiment took a down turn in May from concerns about gas prices and the situation in the Mid-East. However, personal income grew in April at twice the rate of spending; this helped to boost the average savings rate to its highest level since last summer. Durable goods orders fell 2.9% in April; finally, car sales for May figures are looking grim. U.S. automakers have been extending cash-rebates on big sport utility vehicles as inventories on those items are rising," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 18 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.
-- Wall Street News Alert is not affiliated with faxes bearing the names Wall Street Stock Alert or Wall Street News Alert! --
Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
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 fifteen thousand dollars for coverage of WARP Technology Holdings, Inc. (OTCBB:WRPT), by a third party (Manutech 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.