WESTON, Fla., Aug. 26, 2004 (PRIMEZONE) -- TheSUBWAY.com announces the following stocks to its Stock Focus List: Grayling Wireless USA Inc. (Pink Sheets:GRYW), Electronics Arts Inc. (Nasdaq:ERTS), Tyco International Ltd. (NYSE:TYC), AuGRID Corp. (OTCBB:AGRD)
Grayling Wireless USA Inc. (OTC: GRYW) reported that the African operations of its newly-acquired subsidiary Virtual Wave Group have commenced. The master contract calls for the installation and monitoring of 9,600 vehicle-tracking devices over the next year. The tracking units will be monitored and serviced by VWG under 60-month end-user contracts that, in the aggregate, represent approximate revenue of $16,000,000 USD (related operating profit of $11,000,000 USD).
GRYW, an innovator and an integrator in wireless communications technology, will exploit the very significant economic opportunities represented by its acquisition of VWG, focusing initially on providing a stable foundation for growth from the company's African initiatives followed quickly by an aggressive commercial roll-out of VWG products and services in North and South America.
Other stocks highlighted include Electronics Arts Inc. (Nasdaq: ERTS): Stock Focus List, Tyco International Ltd. (NYSE: TYC): Stock Focus List, AuGRID Corp. (OTCBB: AGRD): Stock Focus List.
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TheSUBWAY.com highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed.
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All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.thesubway.com or mentioned herein. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. (crg has received fifteen thousand dollars for gryw) CRG intends to sell its shares. CRG has sold approximately zero shares to date. CRG may sell its shares for less than the target price given in this opinion. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.