Market Pulse News Alert for Tuesday, January 25, 2005: MEGJ -- Meg Athletic Corporation Announces the Endorsement Contract of Another International Soccer Star!


ATLANTA, Jan. 25, 2005 (PRIMEZONE) -- Market Pulse News Alert for this AM stocks to watch are: Meg Athletic Corporation (Pink Sheets:MEGJ), Glowpoint Inc. (Nasdaq:GLOW), Forward Industries, Inc. (Nasdaq:FORD), and Tower Automotive, Inc. (NYSE:TWR).

Investors need to be watching Meg Athletic Corporation (Pink Sheets:MEGJ) this AM! Meg Athletic designs, sources and markets men's and women's sportswear under its trademarks and is currently focused on developing soccer-centric sporting apparel for the general consumer. The company's products include accessories, footwear, and soon to be fragrances offered through a number of licensing agreements in the sports and leisure lifestyle apparel market, which surpasses $6 billion in annual sales! Meg Athletic had great news out after yesterday's bell, announcing the endorsement contract of another international Soccer star! This could be excellent news for investors!

Meg Athletic Corporation (Pink Sheets:MEGJ) is pleased to announce the endorsement of international soccer superstar from the 2004 German Cup Championship and 2004 Bundesliga Championship Team, Mr. Paul Stalteri of Werder Bremen. Mr. Stalteri has been a mainstay in the spotlight since 1997 with SV Werder in Germany and has been recognized as one of the elite athletes playing soccer abroad. Mr. Stalteri has continued to perform at his star status and now has aligned himself with another growing and performing company in Meg.

Paul Stalteri has been the third player to come on board to represent the Meg brand in the last month, with the first being Dwayne De Rosario; the second being Kevin McKenna. "Paul was someone we wanted on board with Meg when we started looking into soccer players for our European expansion," states Harvey Panesar, President of Meg Athletic Corp. "Paul has the successful track record that we wanted representing Meg, not to mention Paul has the association with his fans that will attract and promote Meg on the international stage."

"Paul has the element that Meg is always looked for -- success. The success with his soccer career will play a large part in giving Meg the recognition that it has been striving for, especially to coincide with the launch of Meg's Spring/Summer and Fall/Winter '05 releases. We are very glad to have him as a part of Meg Athletic," continues Mr. Panesar.

Mr. Panesar continues, "We have some customers that will be more than happy to hear that Paul has come on board to help in the promotion of Meg Athletic. Not only does this strengthen our group of athletes, it allows a great springboard into international markets that we have been targeting lately."

Paul Stalteri continues to show what a great character and talent he is by having been voted by the fans into the Bundesliga All-Star team. The All-Star team will face the German National team in a charity match in which all proceeds will be donated to the victims of the tsunami in Asia.

Please visit Paul at http://www.PaulStalteri.com.

Stocks acting well as of late include: Glowpoint Inc. (Nasdaq:GLOW), Forward Industries, Inc. (Nasdaq:FORD), and Tower Automotive, Inc. (NYSE:TWR).

Information contained herein is the opinion of Market-Pulse.com ("MP") and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.

MP, because it relies on information supplied by various third parties, disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a MP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an MP opinion, recommendation or analysis. Information regarding companies which MP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.

You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: Meg Athletic Corporation compensation from a third party: one million free trading shares of stock in Meg Athletic Corporation, already delivered from a third party. To date, MP has sold two hundred fifty thousand shares of stock in Meg Athletic Corporation for proceeds totaling twenty seven thousand five hundred dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market Pulse News Alert is a division of MP.



            

Contact Data