ST. LOUIS, Sept. 23, 2009 (GLOBE NEWSWIRE) -- Murphy Analytics (MA) has initiated coverage on Xodtec Group USA, Inc. (OTCBB:XODG) with a report entitled "LED Brings Superior Economics, Efficiency and Color to Light." The Initiation Report contains a detailed discussion of the XODG product offering, competing technologies, market dynamics, and risks. The report also examines XODG historical results and illustrates the XODG revenue model. The Initiation Report is available at no charge at http://www.murphyanalytics.com/uploads/XODG_Initiation.
Analyst Patrick J. Murphy, CFA notes in the report: "Relative to alternative lighting products, LEDs offer advantages in terms of efficiency, color, size, speed, cycling, waste heat, failure, shock resistance, focus, toxicity, and perhaps most importantly, long-term economics. As predicted by Haitz's Law, discussed later in the report, LED technology will continue to become both more economical and suitable for an ever expanding array of applications. A recent report from Strategies Unlimited predicts that the $5 billion LED market will grow 24% annually from 2010 to 2013, with much of the demand coming from Southeast Asia. Recognizing this opportunity, XODG already has begun expanding distribution beyond its home base in Taiwan into China and throughout the region."
About Murphy Analytics
Murphy Analytics is an independent investment research firm providing coverage of microcap and smallcap stocks. Utilizing institutional caliber, fundamental, bottom-up analysis, Murphy Analytics helps investors make informed investment decisions about equities without extensive analyst coverage, with a focus on small-cap and micro-cap public stocks. Murphy Analytics LLC is owned by Patrick J. Murphy, who has over 15 years of capital markets experience, providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's.
Disclosure: Murphy Analytics was paid $8,500 by Emerging Equity Markets in advance of the publication of this report. Neither Murphy Analytics (MA) nor the analyst owns or trades the shares of covered companies. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. MA provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. This report is neither a solicitation to buy nor an offer to sell securities and is to be used for informational purposes only and should not be used as basis for investment decisions. MA is not an investment advisor or broker/dealer and this report does not provide investment advice.