WESTON, Fla., Dec. 7, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Sciax Corp. (Pink Sheets:SCXC), Oracle Corporation (NASDAQ:ORCL), Motorola, Inc. (NYSE:MOT) and Sirius Satellite Radio (NASDAQ:SIRI).
Aggressive investors and traders will be watching Sciax Corp. (Pink Sheets:SCXC) again this morning! Yesterday after the markets closed, the company issued a press release announcing that it has received an order for Sciax Wolf Pack(tm) remote viewing systems from the Canadian Border Services Agency (CBSA).
This is great news for investors! "This order for 24 Wolf Pack(tm) systems and options on a further 18 additional units further strengthens our long and successful relationship with CBSA," stated Ralph Manore, Vice President of Operations of Sciax. "CBSA has found Wolf Pack(tm) to be an extremely valuable tool in interdiction operations. In the post September 11th world, the officers of agencies like those at CBSA are our front-line protection against a growing world-wide terrorist threat and we are very pleased to contribute to their efforts through our Wolf Pack technology."
Investors watch this one! The contraband interdiction unit of CBSA (formerly Canada Customs) has been an important and successful user of the company's systems for several years.
According to the press release, the Wolf Pack(tm) is a highly modularized opto-electronic remote viewing system used by law enforcement and military personnel. The reconfigurable, multi-operational design of Wolf Pack(tm) makes the system ideal for many applications in physical security, drug and contraband interdiction, tactical response and protective security. Wolf Pack(tm) electronics and optical components are built to high standards of durability, allowing successful deployment in harsh conditions that would prohibit the use of many conventional imaging systems.
For more in-depth coverage of Sciax, visit http://216.63.242.254/SCXC1206.htm
The stock closed yesterday over four cents a share.
In case you are not familiar with the company: Sciax is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of Sciax Corp.
Wolf Pack, the company's tactical remote viewing system, is manufactured under license from Eomax Corp., and is used by law enforcement and military organizations in North America and Europe. Customers include, military and law enforcement agencies of the US and German Governments, contraband interdiction units of Canada Customs, and LAPD-SWAT.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Oracle Corporation (NASDAQ:ORCL) up 2.3% on 55.7 million shares traded, Motorola, Inc. (NYSE:MOT) up 2.5% on 20.4 million shares traded and Sirius Satellite Radio (NASDAQ:SIRI) up 7.1% on 214.9 million shares traded.
Commentary:
"Retailers are still reporting soft spending by the mighty consumer. Many retailers are already discounting inventory in a rush to sell as much as possible before the after holiday bargain-hunting starts. Gift cards are a big draw this year with the average teenager receiving a minimum of 4 cards," Stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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