OTCPicks.com

FEATURED COMPANY

MONOGRAM ENERGY INCORPORATED (OTC: MGRN)
"Up 12.68% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/MGRN.php

Company Profile:
http://www.otcpicks.com/monogram-energy/monogram-energy.htm

Monogram Energy, Inc. is an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties. The company specializes in acquiring oil & gas leases with proven reserves that have the potential for increased production.

MGRN News:

April 30 - Monogram Energy, Inc. Completes Its First Sale

Monogram Energy, Inc. (OTC: MGRN), an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties, announced that the company has generated its first sale from the 5 wells on the T.W. Martin Lease. Monogram Energy is expecting to see continued increases in their revenue from the ongoing sale of their successful work-over projects and from future lease acquisitions. This sale, in the amount of $18,000.00, represents the first round of oil to be sold, and additional sales are expected to take place within the next 30 - 45 days.

With oil prices reaching as high as $119.00 a barrel, Monogram Energy, Inc. is positioning itself to capitalize from a growing domestic industry. "We are extremely pleased to get this first sale under our belts — it's just the beginning for us," stated Billy King, Chief Executive Officer of Monogram Energy, Inc. The company is looking to acquire another 6 - 8 leases by year's end. Mr. King became interested in the production of oil & gas during his ten years of employment as an attorney for the Halliburton Company, and with his representation of independent oil companies during his years as a private practitioner. Monogram Energy's goal is to maintain a high risk/reward profile, thereby enabling them to return the most value to its shareholders.

FEATURED COMPANY

USA VIDEO INTERACTIVE CORPORATION (OTCBB: USVO)
"Up 3.64% in morning trading on heavy volume"

Detailed Quote: http://www.otcpicks.com/quotes/USVO.php

Company Profile: http://www.otcpicks.com/usa-video/usa-video.htm

USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaEscort™, MediaSentinel™ and SmartMark™ digital watermarking products and technology to provide a robust means for producers and distributors to invisibly protect their content. USA Video Technology Corp., a wholly owned subsidiary of USVO, holds the pioneering patent for store-and-forward video, filed in 1990 and issued by the United States Patent and Trademark Office on July 14, 1992; it has been cited by at least 165 other patents. USVO holds similar patents in Germany, Canada, England, France, Spain, Italy, and Japan. Visit www.usvo.com or the company showcase on Investoideas.com at www.investorideas.com/CO/USVO/Default.asp.

USVO News:

April 28 - USVO Co-Sponsors 12th Annual Gilder/Forbes Telecosm Conference, Telecosm 2008: The Exaflood

USA Video Interactive Corp. (OTCBB: USVO) (TSX: US) (BERLIN: USF) (FRANKFURT: USF) will co-sponsor the 12th Annual Gilder/Forbes Telecosm Conference, Telecosm 2008: The Exaflood, taking place May 27 - May 29, 2008 at The Sagamore Resort in Lake George, New York. Event hosts George Gilder, Steve Forbes, and Forbes publisher, Rich Karlgaard, will be joined by the world's leading scientists, engineers, technology executives, entrepreneurs and public policy decision makers to promote investment in innovation.

For three days, Telecosm 2008 hosts, speakers and attendees will debate, discuss, decode and decipher the digital and communications technologies and policies vital to the build-out of the global Internet infrastructure, the next phase of which is estimated to entail total new investments of some $137 billion worldwide by 2010. The conference will be attended by 250-300 senior VP and C-level executives, engineers, strategists, technologists, sales representatives, serial entrepreneurs and government representatives, as well as business leaders from technology and communications companies, institutional investment advisors, and high-net-worth private investors, accompanied by media and trade press and leading public policy officials.

"The Gilder/Forbes Telecosm Conference is the high point of our year, when our favored technologies face intense scrutiny, new potential investment opportunities are analyzed, and the major issues confronting the tech industry are rigorously debated. USVO is a valuable addition to the Telecosm 2008 program," stated George Gilder, Chairman of Gilder Publishing, LLC.

"This event gives USVO the opportunity to share the scientific research and development of our content protection technology, which can help advance the speed to market for rich media," said Tom Perovic, Chief Engineer of USVO. "We know that a trust based enforcement strategy is the right approach to security in the exaflood, enabling more prosperity from technology."

ABOUT GILDER/FORBES TELECOSM

For twelve years, the Gilder/Forbes Telecosm Conference — the world-famous technology conference hosted annually by George Gilder and Steve Forbes — has been recognized as one of the most prestigious venues in the world for breaking information on breakthrough technologies and forward-thinking companies and investment strategies. It is an exclusive gathering of engineers, entrepreneurs, investors, public policy decision makers, and the top thought leaders and business executives from the world's leading technology and communications companies. For more information, visit http://www.telecosmconference.com.

For further information about the market USVO is focused on with its anti-piracy products, visit http://blog.usvo.com.

FEATURED COMPANY

COPPER KING MINING (OTC: CPRK)

Detailed Quote: http://www.otcpicks.com/quotes/CPRK.php

Company Profile:
http://www.otcpicks.com/copper-king-mining/copper-king-mining.htm

Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.

CPRK News:

April 28 - John O'Hurley on the Spot for Copper King, Featured on FBN

Spots featuring John O'Hurley to air this week on Fox Business Network

Copper King Mining Corporation (OTC: CPRK) takes a news break bow on the Fox Business Network this week, where 30-second spots featuring John O'Hurley will be airing over Time Warner Cable, Comcast Cable, Charter Cable, DirecTV and Jet Blue Airlines. With an expected coverage of 30 million homes nationwide, the Copper King spot will generate a minimum 35,000 airings with a potential for 49 million unique viewer impressions.

Fox Business Network reaches more than 30 million homes throughout the United States. The service is widely distributed via every major cable television outlet in America with satellite carriers including DirectTV.

O'Hurley is currently starring as King Arthur in Monty Python's musical, "Spamalot," at the Wynn Resort in Las Vegas, Nevada. One of People magazine's "Sexiest Men Alive," O'Hurley is also lauded for his starring appearances on the television shows, "Seinfeld," "Dancing with the Stars," and "Family Feud."

Recognized for his work in Hollywood, as well as his interest and participation in vital business developments, O'Hurley, the "new face" of rising Copper King, will be making further media appearances this week as he continues to speak of his role with Copper King Mining Corporation. More details will follow in a forthcoming announcement.

Copper King Mining Corporation's promise of sustainable production, profitability, presence of Gold-Silver-Tungsten and Molly, along with high-grade Copper and the importance of new copper sources to the U.S. industry, will all be discussed. O'Hurley will also emphasize the irreplaceable nature of copper in the ever growing eco-friendly movement. Adding to its stock on the move, O'Hurley appears in Copper King's VNR. Next to bringing further public awareness to the company, the purpose of the video news release is to provide an educational experience in the history and development of copper in the U.S. Since minerals are the backbone of all industry and civilization, the demand for copper, gold and silver continues to increase worldwide. These are just some of the topics O'Hurley will be covering during his news break spots on the Fox Business Network.

The O'Hurley VNR is produced by Clearvision International, Inc. For more information, visit http://copperkingmining.com.

FEATURED COMPANY

MYPHOTOPIPE.COM INCORPORATED (OTC: MPPC)

Detailed Quote: http://www.otcpicks.com/quotes/MPPC.php

Company Profile:
http://www.otcpicks.com/myphotopipe/myphotopipe-2.htm

MyPhotopipe.com Inc. is a US-based provider of online digital photo processing and related services catering to high-end amateur and professional photographers. The Company’s primary web portal is www.myphotopipe.com. Its services include photo finishing and printing, online sharing, photo books, digital photo templates, and online hosting and selling of photographs. The Company provides services to more than 18,500 professional and high-end amateur photographers nationwide; more than 190,000 copies of its software have been downloaded and are in use.

MPPC News:

April 30 - Compounding Growth Continues in Online Digital Photo Processing Space

Digital prints up 25%, online channel up 51% according to data released this week

myPhotopipe.com, Inc. (OTC: MPPC), a web-based online provider of digital photo processing and related services, commented upon industry data that became available this week.

The February 2008 PMA Monthly Printing and Camera Trends Report released this week reveals that total prints made from digital images increased 25% when compared with the prior-year month, and the total share of market for "ordering prints online with mail delivery" expanded from 11.5% to 15.6%. This represents year-over-year growth of 51% for online ordering with mail delivery. February was the 14th consecutive month of double-digit industry growth in prints made from digital images since December 2006, as well as the 14th consecutive month of double- or triple-digit growth in prints ordered online and received via mail.

Compounded together — 25% or better growth in the overall market and 50% or better growth in the online channel — the value of a share point in the online space has nearly tripled since the beginning of 2006.

"myPhotopipe.com has always been a believer in the online model for ordering digital prints, and we remain the only 'pure play' in the online ordering with mail delivery channel," observed L. Douglas Keeney, Chief Executive Officer of myPhotopipe.com, Inc. "It's easier. It's convenient. It delivers your prints to your home. So, yes, this latest data represents excellent news for our space and for our Company. Unfortunately, most people will overlook the most important part of the data, which involves the compounding effect, the perfect storm if you will, of a growth market and a growing share of that market. On a constant dollar basis, the value of online ordering has surged almost 300% since 2006."

On a quarterly basis, the share of market represented by photographs being ordered online with mail delivery increased from 12.4% in March 2007, to 13.5% in June, 14.0% in September, 15.1% in December and ending February 2008 at 15.6%.

myPhotopipe.com recently announced a record year and continued growth in both new products and customers. "We're adding between 400 and 600 new customers a month and seeing our web site bookmarked approximately 12,000 times a month. The new industry data tells us that the future value of every new customer increases over time, which in part explains why those of us in both the consumer and professional segment of this business are enjoying extraordinary sales growth," concluded Keeney.

FEATURED COMPANY

BIOSOLAR INCORPORATED (OTC: BSRC)

Detailed Quote: http://www.otcpicks.com/quotes/BSRC.php

Company Profile: http://www.otcpicks.com/biosolar/biosolar-2.htm

BioSolar, Inc. engages in the research and development of bioplastic materials from renewable plant sources for use in photovoltaic solar cells. The company develops bio-based plastics components that meet the thermal and durability requirements of solar cell manufacturing processes for conventional crystalline cell designs, as well as thin film photovoltaic devices in an effort to capitalize on cost advantages to current petroleum based solar cell components. Its bioplastic materials can be also used directly in conventional manufacturing systems, such as injection molding and thin-film roll-to-roll, to create superstrate layer, substrate layer, and backsheet, as well as module and panel components. The company was founded in April 2006. It was formerly known as BioSolar Labs, Inc. and changed its name to BioSolar, Inc. in June 2006. BioSolar, Inc. is headquartered in Santa Clarita, California.

BSRC News:

April 28 - BioSolar Delivers BioBacksheet™ Samples to Solar Cell Manufacturers

BioSolar(TM), Inc. (OTCBB: BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar cells, today announced that the company has shipped its BioBacksheet(TM) samples to a select group of manufacturers for their evaluation in several regions of the country. In an era of record high oil prices, the company's new bio-based product provides a cost effective alternative to petroleum-based backsheets currently in use, and has been actively sought by manufacturers as a component of their finished solar cells.

"This is a very exciting first step to market," said Dr. David Lee, BioSolar's CEO. "It has been our company's mission to deliver an economically viable 'green' product. Not only will the use of our new BioBacksheet product allow solar cell manufacturers to reduce cost in an extremely competitive environment, but they will be doing it in a manner that is environmentally responsible. We believe that as consumers demand more 'green' products, solar cell manufacturers will place an even greater value on products such as ours."

STOCKS TO WATCH

PECO II INCORPORATED (NASD: PIII)
"Up 28.18% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/PIII.php

PECO II, Inc. designs, manufactures, and markets communications power systems and equipment for the communications industry in North America. The company operates in two segments, Products and Services. The Products segment offers various products, including battery plants that convert and distributes power to run network equipment while storing energy in rechargeable batteries to be used in the event of an alternating current input failure; rectifiers, which convert incoming AC power to DC power; and power distribution and measurement equipment that distributes and limits power from a centralized power plant to various loads or end uses. This segment also provides converter plants that convert one voltage of DC power to another voltage of DC power; inverters that convert voltage from DC to AC power suitable for end-use applications; and monitoring products that monitor and report the performance of power systems. The Services segment offers various services, such as capital deployment engineering and installation services, project management, after market services, and staffing services within wireline and wireless telecommunication sector. It offers its products and services to regional bell operating companies, independent telephone operators, inter-exchange carriers, competitive access providers, original equipment manufacturers, wireless communications providers, cable television, and government. The company sells its products through direct sales force, value added resellers, distributors, and manufactures representatives. PECO II was founded in 1988 and is headquartered in Galion, Ohio.

PIII News:

May 2 - PECO II Reports First-Quarter 2008 Results

PECO II, Inc. (NASD: PIII), a manufacturer of communications power systems and full-service provider of engineering and installation on-site services to the communications industry, reported results for the first quarter ended March 31, 2008.

PECO II reported net sales of $9.0 million in the first quarter of 2008, compared with $8.1 million in the first quarter of 2007, an 11 percent increase. The Company reported a net loss of $1.4 million, or $0.05 per diluted share, for the first quarter of 2008, compared with a net loss of $2.4 million, or $0.09 per diluted share, for the first quarter of 2007.

EBITDA was a loss of $0.9 million in the first quarter of 2008, compared with an EBITDA loss of $1.8 million for the first quarter of 2007. An explanation and reconciliation of GAAP net loss to EBITDA is included as Attachment A.

The $1.0 million reduction in net loss for the first quarter of 2008 compared with the first quarter of 2007 was driven by strong product revenue growth of $1.4 million resulting in strong product gross margin improvements of $0.4 million, combined with significant operating cost reductions of $0.7 million realized from the Company's 2007 restructuring efforts.

Cash used by operating activities in the first quarter of 2008 was $968,000. While this included a net loss and decreases in accounts payable, it was offset by non-cash charges and decreases in accounts receivable and inventory.

Bookings increased during the first quarter of 2008, resulting in an increased sales backlog of $4.8 million. The first quarter backlog was a 9 percent increase from the $4.4 million in the fourth quarter of 2007. The bookings-to-billings ratio reflects customer orders received as compared with the same period's billings and is an indication of future periods. For the first quarter of 2008, the ratio was 1.03 to 1.

John Heindel, PECO II Chairman and CEO stated, "The first quarter financial performance represents a significant improvement over both first quarter 2007 and fourth quarter 2007 business performance. The Company delivered strong product revenue growth, which when combined with the completion of the strategic restructuring initiatives implemented in 2007, resulted in a significantly reduced operating loss. Year to date, the Company is gaining market share as evidenced by PECO II winning four new geographic markets from its existing customer base."

Heindel added, "The Company must continue to take market share from the competition in order to return to EBITDA profitability in 2008. To achieve this, we continue to work with our customers to better understand their needs and aggressively work our strategic supplier base to ensure that we have the flexibility to respond to customer requests for products and systems."

EXPERT GROUP INCORPORATED (OTC: EXPT)
"Up 22.22% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/EXPT.php

Expert Group, Inc. is a diversified financial services company which markets a variety of financial products and services through Expert Financing, Expert Group Title Services, Expert Credit Fix USA. Expert is licensed by the department of Financial Regulations and a member of FAMB, and since inception, Expert has originated over $50 million in origination. The Company offers a stock option plan to its loan officers, brokers, title agents, and processors.

EXPT News:

May 2 - Expert Financing and The Small Business Administration (SBA) Offer Small Business Loans

Expert Group, Inc. (OTC: EXPT), specializing in refinance loans, home mortgage loans, and new home purchases as well as foreign national loans, and now offering a range of credit repair services through its sister company, Expert Credit Fix USA, Expert Financing announced that, effective immediately, the company is offering Small Business Administration real estate loans. This type of loan applies to owner occupied commercial real estate purchase, it allows borrowers to finance up to 90% of the purchase price including equipment, closing costs, built out and interest reserves if needed. It is a great tool for business owners to purchase their place of business instead of renting; there is not tax advantage in renting but there are a lot of tax advantages in owning their place of business as interest, cost of maintain and property taxes are tax deductible not to mention equity earned by paying principal every month. The SBA loan offers long term low interest fixed rates, it is a win win situation for many types of business, including warehouses, factories, hotels, condo offices, day care and any business for profit.

Robert Rico C.E.O. states, "When we can offer a product that is aimed to assist the working class to achieve the dream of owning there business. This is what truly makes up the American dream and we are delighted to be of assistance for further info please contact any Loan Expert at Expert financing."

ABOUT THE SBA

The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. We recognize that small business is critical to our economic recovery and strength, to building America's future, and to helping the United States compete in today's global marketplace. Although SBA has grown and evolved in the years since it was established in 1953, the bottom line mission remains the same. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S. Virgin Islands and Guam.

ABOUT EXPERT FINANCING

Expert financing offers up to date loan programs tailored to fit all borrowers' needs. The company specializes in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans, jumbo loans, no income verification loans, commercial loans, small business debenture loans, foreign national loans, construction loans for residential and commercial purposes from re-habilitation projects to new construction; the company also offers loans for purchases, refinances, home equity line of credit and line of credit for commercial property. At Expert Financing an Expert Loan Officer can help you in finding the best Loan for your needs. Our group of professional loan experts speaks your language, including, Spanish, Russian, Portuguese, French, Italian, Hebrew and Creole.

ABOUT EXPERT CREDIT FIX U.S.A.

Expert Credit Fix U.S.A is ahead of the game, assisting borrowers with less then perfect credit to fulfill their dream of home ownership. The company offers different levels of credit restoration service to best fit each borrower's needs. The service packages are tailored to service borrower with minor credit issues like excess inquiries to more challenging credit issues like bankruptcies or even foreclosures. Expert Credit Fix U.S.A. will help borrowers to restore their credit to a level where lenders will grant them credit and at a low interest rate.

MEMORY PHARMACEUTICALS (NASD: MEMY)
"Up 21.05% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/MEMY.php

Memory Pharmaceuticals Corp., a biopharmaceutical company, focuses on the discovery and development of drug candidates for the treatment of central nervous system conditions. It offers drugs for neurological diseases associated with aging, such as Alzheimer's disease, as well as psychiatric disorders, such as schizophrenia, cognitive impairment associated with schizophrenia (CIAS), and depression. The company's products include MEM 1003, a neuronal L-type calcium channel modulator that is in phase II clinical trials for the treatment of Alzheimer's disease and bipolar disorder; and nicotinic alpha-7 agonists, including MEM 3454, a phase IIa clinical trial product and MEM 63908, a phase I clinical trial product for the treatment of Alzheimer's disease and CIAS. Its products also comprise PDE4 inhibitors, including MEM 1414, a phase I clinical trial program, as well as MEM 1917 for CNS disorders and depression; PDE10 Inhibitor program; and 5-HT6 Antagonists for the treatment of Alzheimer's disease, schizophrenia, attention deficit disorder, and obesity. The company has collaborations with F. Hoffman-La Roche, Ltd. for the development of nicotinic alpha-7 agonists; and Amgen, Inc. for the development of PDE10 inhibitors. In addition, it has a development agreement with The Stanley Medical Research Institute to develop MEM 1003 as a treatment for bipolar disorder. The company was founded in 1997 and is based in Montvale, New Jersey.

MEMY News:

May 2 - Roche Exercises its Option to Further Develop and Commercialize Memory Pharmaceuticals' Nicotinic Alpha-7 Agonist, MEM 3454

Memory Receives $6 Million Milestone Payment
Memory to Host Conference Call at 9:00 a.m. EDT Today

Memory Pharmaceuticals Corp. (NASD: MEMY) and Roche (SWX: ROG) announced that Roche has exercised its option to further develop and commercialize Memory Pharmaceuticals' lead nicotinic alpha-7 agonist drug candidate, MEM 3454, for neurological and psychiatric disorders. Roche's exercise of its option for MEM 3454 triggers a $6 million milestone payment and entitles Memory Pharmaceuticals to future payments upon the achievement of additional milestones and royalties on product sales, including a $17 million milestone payment upon the completion of the ongoing Phase 2a study in cognitive impairment associated with schizophrenia (CIAS). In addition, Memory Pharmaceuticals retains an option to co-promote MEM 3454 in the United States.

"We are excited that Roche shares our enthusiasm for MEM 3454 and its potential to address the cognitive deficits associated with debilitating CNS disorders," stated Vaughn M. Kailian, President and Chief Executive Officer of Memory Pharmaceuticals. "We have aggressively advanced MEM 3454 through early-stage clinical trials, including a positive Phase 2a trial in Alzheimer's disease. We believe that Roche's continued commitment to the program, together with its expertise in later-stage clinical development and commercialization, will provide the support and capabilities to realize the full potential of this compound."

In a recently completed Phase 2a study in Alzheimer's disease patients, MEM 3454 demonstrated a statistically significant effect on multiple measures of cognition. The compound is currently being evaluated in a Phase 2a trial in CIAS, with top-line results expected in the fourth quarter of 2008. The trial is expected to enroll approximately 160 patients and is designed to assess the safety, tolerability and cognitive effects of three doses of MEM 3454 in patients with CIAS. In addition, Memory Pharmaceuticals and Roche recently expanded their schizophrenia development program for MEM 3454 to include a biomarker study, which will be funded by Roche. Memory Pharmaceuticals expects to initiate the biomarker trial this summer, with results expected by early 2009.

MEM 3454 is a partial agonist of the nicotinic alpha-7 receptor, a highly specialized receptor found in the central nervous system. Compounds acting on this receptor could be beneficial in the treatment of Alzheimer's disease and schizophrenia, as well as other psychiatric and neurological disorders.

TRX INCORPORATED (NASD: TRXI)
"Up 13.53% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/TRXI.php

TRX, Inc., a technology company, develops and hosts software applications to automate manual processes and track transaction data in the travel industry. Its suite of products and services comprise TRAVELTRAX that provides reporting through a Web-based data reporting tool; CORREX, which enables automated quality control, file finishing, and electronic ticketing, including low fare searches, seat assignments, upgrades, and alternate route and carrier searches; and TRANXACT tools that handles various activities for its clients, including exchanges, refunds, waivers and split payments, commission management, fare loading, document distribution, debit memo processing, and back office hosting and settlement. The company also offers SELEX tools, a software functionality for exception processing, and agent workflow management and tracking; and RESX, a Web-based travel booking application that enables travelers and travel arrangers to create policy-compliant air, car, and hotel reservations. In addition, it provides DATATRAX, a data reporting suite that consolidates data records from various sources, including credit card issuers, credit card networks, back office travel systems, hotel suppliers, airlines, and global distribution systems, as well as normalizes those records into a common structure in a single data repository. The company delivers its technology applications as a service over the Internet to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators in North America, Europe, and Asia. TRX was incorporated in 1999 and is headquartered in Atlanta, Georgia.

TRXI News:

May 2 - TRX Reports First Quarter 2008 Results

TRX, Inc. (NASD: TRXI), a global technology company that develops and hosts software applications to process data records and automate manual processes, reported financial results for the quarter ended 31 March 2008.

Total revenues excluding client reimbursements for the first quarter of 2008 were $21.9 million compared with $25.3 million in the first quarter of 2007. Net loss for the first quarter was ($3.4) million compared with net income of $0.4 million in the first quarter of 2007. Net loss per diluted share was ($0.18) compared to net income per diluted share of $0.02 for the first quarter of 2007.

Revenues from transaction processing services for the first quarter of 2008 decreased to $17.6 million from $18.5 million in the first quarter of 2007. Revenues from data reporting services were $4.2 million, compared with $6.7 million in the prior year.

Adjusted revenues for the first quarter of 2008 were $25.4 million compared with $25.3 million in the first quarter of 2007. Adjusted revenues from data reporting services were $7.7 million, compared with $6.7 million in the first quarter of 2007. Adjusted revenues include $3.5 million of recurring data reporting services provided to Citibank which were required to be deferred under US GAAP until the Company's sale of a non-exclusive DATATRAX license. The license sale occurred on April 30, 2008. Adjusted EBITDA was $2.9 million for the quarter, compared with $3.4 million in the first quarter of 2007.

"Our business is making good strides thus far in 2008," said TRX President & CEO Trip Davis. "Our adjusted revenues in the first quarter of 2008 were stable against last year, indicating that our core business units are holding their own in a tough economic environment. We continue to expect organic volumes in transaction processing to moderate in 2008 due to the economy, and that data reporting and new client additions will largely offset those challenges. We will continue to fund long-term growth through innovation investment, to ensure our solutions are meeting our clients' future needs."

Based upon its expectations, TRX reiterated its guidance for fiscal 2008, inclusive of the $4.5 million DATATRAX license sale referred to above:

1) Adjusted revenues of $92 to $95 million, of which $20 to $23 million is from data reporting.
2) Adjusted EBITDA of $8 to $10 million.
3) Capital expenditures of $7 to $8 million.

TELECOMMUNICATION SYSTEMS INCORPORATED (NASD: TSYS)
"Up 25.97% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/TSYS.php

TeleCommunication Systems, Inc. engages in the development and application of wireless data communications technology in the United States and internationally. It focuses on text messaging and location-based services, including enhanced 9-1-1 (E9-1-1) for wireless carriers and voice over Internet protocol (VoIP) service providers, and secure satellite-based communication solutions for government customers. The company operates through two segments, Commercial and Government. The Commercial segment offers carrier software system products that enable wireless carriers to deliver short text messages, location information, Internet content, and other enhanced communication services to and from wireless phones. This segment also provides E9-1-1 services, commercial location-based services, and inter-carrier text message distribution services on a hosted, or service bureau basis. It also offers Rand McNally Traffic, a wireless application on a subscription basis. As of December 31, 2007, the company provided hosted services under contracts with approximately 30 wireless carrier networks and VoIP service providers. The Government segment provides communication systems integration, information technology services, and software solutions to the U.S. Department of Defense and other government customers. It also owns and operates satellite teleport facilities; resells access to satellite airtime; and designs, furnishes, installs, and operates wireless and data network communication systems, including its SwiftLink deployable communication systems, which incorporate high speed, satellite, and Internet protocol technology used for security, defense, and law enforcement worldwide. The company has strategic partnerships with Motorola and Alcatel-Lucent. TeleCommunication Systems was founded in 1987 and is headquartered in Annapolis, Maryland.

TSYS News:

May 1 - TCS Reports Record First Quarter 2008 Net Income, up 90% Sequentially

Record $4.6 Million, $0.11 per Share GAAP Profit, on 18% Year-Over-Year Revenue Growth; $8.4 Million, $0.20 per Share EBITDA up 79% Year-Over-Year

TeleCommunication Systems, Inc. (TCS) (NASD: TSYS), a global leader in mission-critical wireless communications technology, reported record results for the first quarter ended March 31, 2008.

First Quarter 2008 Results:

1) Revenue was $40.4 million, up 18% from $34.1 million in the first quarter of 2007 and an increase of 9% from $37.1 million in the previous quarter.

2) GAAP net income was a record $4.6 million or $0.11 per share, versus net income of $0.6 million or $0.02 per share in the first quarter of 2007, and an increase of 90% over net income of $2.4 million or $0.06 per share in the previous quarter.

3) EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization, and Noncash Stock Compensation) for the quarter was a record $8.4 million or $0.20 per basic and $0.19 per diluted share. This is a 45% increase from $5.8 million or $0.14 per basic and $0.13 per diluted share in the previous quarter, and a 79% increase from $4.7 million or $0.12 per basic and $0.11 per diluted share in the same year-ago quarter.

"The quarter's results affirm favorable profit contribution trends from commercial segment text messaging technology, location based services for public safety, and from the government segment," said Maurice B. Tosé, TCS chairman, CEO, and president. "The robust growth in the use of SMS text messaging drove carrier customers to purchase licenses for additional capacity during the quarter, including the equivalent of more than two quarters' worth of a six-quarter arrangement begun in Q3 2007. Continuing increases in SMS usage indicate that $7.5 million of license sales previously slated for the second half of 2008 will more likely occur in the second and third quarters. Government segment profitability improved on a modest increase in year-over-year volume, with significantly higher volume now expected in the remaining 2008 quarters, as some shipments previously planned for Q1 will occur in Q2 and subsequent. Overall, our company franchises in premium wireless carrier services and secure deployable communication systems for government produced a strong start for the year and positions TCS for a solid, multi-year run."

Backlog at the end of the quarter remains strong in both government and commercial segments and is about double its level a year ago.

GRAYLING WIRELESS USA (OTC: GRYW)
"Up 22.06% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/GRYW.php

Grayling, based in Calgary, Alberta, is an innovator and integrator of emerging technologies. Our goal is to seek out and evaluate growth opportunities, including mergers and acquisitions that add incremental shareholder value, extend the company's market share and add to its technical competencies. Grayling will continue to bring market-ready technologies and services to its markets. For further information, visit www.gryw.com.

GRYW News:

May 2 - Grayling Wireless Steps Up PR Activities With MEC Promotions

Grayling Wireless USA, Inc. (OTC: GRYW) announced that it has retained MEC Promotions LLC (www.mecpromotionsllc.com) as its market affiliate. Grayling Wireless USA CEO Jeff Love said. “We look forward to working with MEC. We have a common goal of success for the company and in turn her shareholders.”

Mr. Love added, “While we have been silent on the PR front, rest assured we have been very busy behind the scenes. Grayling Wireless USA, Inc. is entering the most exciting time in the company's history. We look forward to keeping our shareholders up to date and working with, our partner in success, MEC.”

NEWMARKET CHINA INCORPORATED (OTCBB: NMCH)
"Up 7.27% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/NMCH.php

NewMarket China, Inc., through its subsidiaries, provides technology and telecommunication services in the People's Republic of China, and maintenance services in the United States. It offers consulting, development, implementation, and maintenance of technology systems, which include software and peripherals for computing, communication, and data exchanges related to general business application, as well as specialty fields of medical, security, military, and homeland defense applications. The company also involves in the prototype development of security systems and original equipment manufacturer sourcing for the production of hardware. In addition, NewMarket China engages in the distribution and value added reselling of software and hardware products, including Chinese and foreign brands, such as Hewlett Packard, Sony, and IBM. Further, it develops and distributes Chinese entertainment content using MV3, a proprietary software and hardware; and operates as a consultant to enable the establishment of a franchise network for MV3 systems outside China. The company is based in Dallas, Texas. NewMarket China, Inc. is a subsidiary of NewMarket Technology, Inc.

NMCH News:

May 1 - NewMarket China, Inc. Releases CEO Letter to Shareholders Highlighting Share Price Potential in Relation to Fundamental Financial Performance

Company Reported 2007 36% Revenue Increase to $40 Million and 83% Net Income Increase Over 2006, Not Yet Reflected in Share Price Appreciation

NewMarket China, Inc. (OTCBB: NMCH) released a letter to shareholders from CEO John T. Verges. The letter highlights the Company's meteoric growth to $40 million in 2007 revenue and financial performance over the past five quarters since the Company's reorganization. The letter goes on to discuss how the current share price performance has not yet reflected the Company's fundamental financial performance.

Operational Performance Not Yet Reflected in Otherwise Low Share Price

The letter provides thoughtful internal analysis on share price performance potential. The purpose of the letter is to provide ongoing insight to shareholders and investors in regard to management's ongoing commitment to the Company's vision while current market performance is not necessarily conveying fundamental financial progress. The CEO's intention is to open a dialogue with shareholders and investors on the relationship between operational performance and share price performance.

To receive a copy of the letter in its entirety contact the Company at This email address is being protected from spam bots, you need Javascript enabled to view it or 214-722-3065.

Company's Operational Overview for Services Provided in Mainland China

NewMarket China provides a wide range of technology services to include hardware and software sales, support and customization within China, with current operations mainly in Shanghai, Ningbo and Hangzhou. In 2007, the Company expanded its software development services outside of China and signed initial contracts in North America.

Rapid Growth From $29.5 Million to $40 Million in Revenue and 2008 Outlook

NewMarket China has experienced rapid growth over the past two years, growing from $29.5 million in revenue in 2006 to $40 million in revenue in 2007, with a net income increase of 83%. The Company has set its 2008 revenue goal at $50 million. NewMarket China plans to achieve this revenue goal through improving fundamental financials, continued organic growth and acquisitions, which the Company is actively seeking in China and North America.

Strategic Plan Update Webcast Scheduled for May 14, 2008 at 4:30 PM EDT

The Company has scheduled a Webcast for 4:30 pm EDT on May 14, 2008 to present a strategic plan update. A link to the Webcast will be available at www.investorcalendar.com/IC/CEPage.asp?ID=127668. Also available at this link is an archive to the recent Webcast reviewing 2007 operational and financial results conducted by the Company CEO and CFO.

Corporate Communications and Fact Sheet

If you would like to receive email updates on the company or a corporate fact sheet highlighting the Company's operations, business plan and technology partners, please send an email to This email address is being protected from spam bots, you need Javascript enabled to view it .

PANACOS PHARMACEUTICALS INCORPORATED (NASD: PANC)
"Up 12.98% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/PANC.php

Panacos Pharmaceuticals, Inc., a development stage biotechnology company, engages in the discovery and development of small-molecule oral drugs designed to treat Human Immunodeficiency Virus (HIV) and other human viral diseases. Its lead product candidate, bevirimat, under Phase 2 clinical trials, is a class of drug candidates that works by a novel mechanism of action called maturation inhibition. The company's discovery technologies focus on novel targets in the virus life cycle, including virus maturation and virus fusion. It also has research and development programs designed to generate second and third-generation maturation inhibition products; and a research and development program focused on an early step in the HIV virus life cycle, fusion of the HIV virus to human cells. The company was founded in 1999 and is headquartered in Watertown, Massachusetts.

PANC News:

May 2 - Panacos to Present at Deutsche Bank Health Care Conference

Panacos Pharmaceuticals, Inc. (NASD: PANC), a biotechnology company dedicated to developing the next generation of antiviral therapeutic products, will present at the Deutsche Bank Health Care Conference to be held from May 5-7, 2008 at The InterContinental Hotel in Boston, MA. Alan W. Dunton, M.D., Panacos’ President and CEO, will present a corporate overview at 10:50 a.m. on May 7.

A link to the webcast of Panacos' presentation will be available for 30 days on the Company's web site at www.panacos.com.