MIAMI, Feb. 1, 2005 (PRIMEZONE) -- Stock Market Alert's watch list includes: Orbit Drop Incorporated (Pink Sheets:OBDP), Nextel Communications (NASDAQ:NXTL), Dell Inc. (NASDAQ:DELL) and Mattel, Inc. (NYSE:MAT).
Orbit Drop Inc. (Pink Sheets:OBDP) issued a press release that may really get investor's attention. Late yesterday afternoon, the company announced the acquisition of Success Direct TV. Further details of the purchase will be released at a later date. Refer to yesterday's press release for the financial information on Success Direct TV. Before the news was released, the company's stock closed at eighty five cents a share.
The press release stated that Success Direct TV is a multi-channel direct marketing agency specializing in eliminating the "middle man" by taking its products directly to the public. The Company has enjoyed financial success and media acclaim in the U.S. and abroad, serving its diverse client base. By offering an ever-expanding range of products and services, Success Direct opens many new markets to Orbit Drop.
Success Direct TV's record of success began with a single unique product, Butterfly Abs, the worldwide Electronic Muscular Stimulation (EMS) sensation. This flagship product has served as a springboard to launch numerous products. In 2004, Success Direct introduced Pyramid Power, SKYN and Infinite Reflections, which have all been well received with additional products under development.
By utilizing the existing direct marketing network that Success Direct TV has in place, Orbit Drop plans to merge the direct marketing business with its own online marketing business and offer Success Direct's products on their Web site. With its vast experience in commercials and info-commercials, Success Direct TV will be able to originate an exciting TV commercial that will advertise Orbit Drop's International Marketing Plan.
Orbit Drop will use the financial base of Success Direct TV to strengthen its revenues and be more attractive to potential Franchisees when reviewing the UFOC. Management is excited about recent events and will continue to strive to increase shareholder value through acquisitions and expansion.
Orbit Drop Inc. is a principal eBay drop-off service with existing stores in Dallas and Houston. Orbit Drop makes selling on eBay easy and convenient, giving customers the ability to simply drop off their unwanted surplus goods and turn these items into cash.
Other Stocks of interest yesterday were: Nextel Communications (NASDAQ:NXTL) up 1.1% on 27.5 million shares traded, Dell Inc. (NASDAQ:DELL) up 1.7% on 12.9 million shares traded and Mattel, Inc. (NYSE:MAT) up 5.9% on 8.8 million shares traded.
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