Wall Street News Alert's U.S. Hot Stock Highlights -- September 1


WESTON, Fla., Sept. 1, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Payment Data Systems, Inc. (OTCBB:PYDS), Diamond Offshore Drilling (NYSE:DO), Cardima Inc. (Nasdaq:CRDM) and FuelCell Energy Inc. (Nasdaq:FCEL).

Aggressive investors and traders need to watch Payment Data Systems, Inc. (OTCBB:PYDS) this morning! Yesterday after the markets closed, the company issued a press release announcing that its subsidiary, Bills.com, is now providing a feature-rich version of its consumer online bill presentment and payment services at www.bills.com!

This is great news for investors! "Security, convenience and broad functionality are extremely important components necessary to win consumers to electronic bill paying," said Mr. Ken Keller, general manager of Bills.com. "As we have more than doubled our subscriber base over the past year, we believe our new offering is highly competitive and offers consumers considerable value and savings. We are committed to providing a fast, reliable and low cost alternative in the face of ever increasing postal rates."

Bills.com revenues are continuing to grow at double-digit rates. We believe this growth is in part due to highly competitive product offerings as well as considerable value and ease-of-use for consumers.

Investors need to watch this company! The enhanced service provides consumers the ability to pay anyone with an e-mail address, transfer money between multiple checking and savings accounts, view and pay additional eBills, and receive eBill summaries in their e-mail inbox.

The stock closed yesterday at twenty-one cents a share.

About the companies involved: Payment Data Systems, Inc., is an Integrated Payments Solution Provider delivering comprehensive, cost-effective solutions to billers and retailers for the processing and management of electronic payments via the Internet, point of sale, or payments taken by Customer Service Representatives or an Interactive Voice Response (IVR).

Bills.com was founded in 1999 and is a wholly owned subsidiary of Payment Data Systems, Inc. Bills.com provides an easy, secure and convenient online bill presentment and payment service that enables consumers to view, pay, and manage their bills via the Internet.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Diamond Offshore Drilling (NYSE:DO) up 3% on 1.3 million shares traded, Cardima Inc. (Nasdaq:CRDM) up 32.3% on 2.1 million shares traded and FuelCell Energy Inc. (Nasdaq:FCEL) up 8.2% on 3.2 million shares traded.

Commentary:

"U.S. consumer confidence sank in August while Chicago-area business activity slowed, according to reports on Tuesday, that added to worries the economy's patch of sluggish growth may last beyond the summer. A four-month slowdown in hiring and record oil prices took a bite out of confidence, with the Conference Board's monthly index falling more than 7 points in August to 98.2 from a revised 105.7 in July. The reading was well below economists forecasts of a smaller slip to 103.5," stated Mario Cardenas in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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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 a total of twenty-seven thousand dollars for past and current coverage of Payment Data Systems, Inc. (OTCBB:PYDS), by a third party (National Financial Communications Corp.), 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 Mario Cardenas.

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