ORLANDO, Fla., Feb. 11, 2008 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies Inc., today announced that it has dropped research coverage on Zanett Inc. (Nasdaq:ZANE).
RedChip Companies' initial rating of a "Buy" and a target price of $3.60 and recent rating of "Buy" and target price of $3.60 are no longer active. For further information on RedChip Companies, our "rating" system, and our dropping coverage policy, please visit www.redchip.com and review any and all pertinent policies and disclosures.
About Zanett, Inc.
Zanett is an information technology company that provides customized, mission-critical IT solutions to Fortune 500 corporations, mid-market companies, and classified government agencies involved in Homeland Defense and Homeland Security. For more information, please visit www.zanett.com.
About RedChip Companies, Inc.
RedChip Companies is an international small-cap research and financial public relations firm with offices in Beijing and Orlando and affiliates in New York and San Diego. RedChip delivers measurable results for its clients through its extensive international market expertise as well as its comprehensive platform of products: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences held throughout the United States, RedChip Radio(tm) and RedChip Visibility Research Program services. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/services.asp
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RedChip Visibility Research Disclosure
The analysts contributing to these ZANE equity research reports do not hold any shares of ZANE. Additionally, the analysts contributing to these reports certify that the views expressed therein accurately reflect the analysts' personal views as to the subject securities and issuers. RedChip certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analyst in the reports. Additional information on the securities mentioned in these reports is available upon request. These reports are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the reports should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed therein are subject to change. ZANE paid RedChip Visibility $28,000 for the RedChip Visibility Research Program, which included the equity research reports.