RIDGELAND, Miss., July 25, 2005 (PRIMEZONE) -- Knobias, Inc. (OTCBB:KNBS) announced today that it has selected Mad Catz Interactive, Incorporated (AMEX:MCZ) as the SPOT of the week in the Knobias Small-Cap "ClipReport."
Mad Catz Interactive, Inc. is a designer and marketer of a full range of accessories for video game systems and is also a publisher of video game software, including the GameShark brand of video game enhancements.
The Bulls say . . .
-- Sales Growth: In FY05, FY04 and FY03, Mad Catz's top line grew at 9.7%, 11.4% and 10.0% respectively.
The Bears say . . .
-- Excess Inventory Growth: Inventories jumped 59% Y/Y at the end of March, well above the 9.7% sales growth. In other words, 200% of the FY05 profit was converted to inventory. Inventories only declined by $3.4 million in the December quarter when Mad Catz reported sales of $52.8 million.
The "ClipReport" is a daily newsletter distributed FREE to anyone interested in proprietary news and insight concerning small-, micro- and nano-cap stocks. Each week Knobias independently chooses one company to be highlighted in the SPOT. To qualify for selection, each company must: 1) trade on the Nasdaq National Market, Nasdaq Smallcap Market, Amex, OTCBB or Pink Sheets; 2) have a Market cap of less than $250 million; 3) have annual revenues greater than $1 million, 4) have a closing share price greater than 5 cents, and 4) have average daily volume of at least 10,000 shares. Knobias is never compensated for SPOT selections, and NO position will be held in SPOT stocks by Knobias, its management or staff while the stock is being highlighted.
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For advertising information concerning the Knobias Small-Cap "ClipReport", submit requests to: sales@knobias.com
For information concerning Knobias Issuer Services Program, submit requests to: sales@knobias.com
About Knobias, Inc.
Knobias, Inc. provides complete financial information solutions for institutional market participants, corporations and industry professionals. By receiving early and accurate proprietary information, our clients are allowed to monitor and trade more successfully. Actionable data is delivered via high-quality applications consisting of proprietary products; analytics; streaming information; financial data; fundamental research; and third-party research. Whether you are interested in small cap or the broader markets, we have the tools, information and knowledge you need. For more information about Knobias, Inc. products, please visit www.knobias.com
FORWARD LOOKING SAFE HARBOR STATEMENT
To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. Knobias assumes no obligation to update any of the forward-looking statements in this release.