OTCPicks.com

For Wednesday, August 27th

IBOT, AGMS, SPNG, CELI, NXPC, QMCI
AIDO, ABMC, MSTFF, GLCC, SIFY, MEDT, SIRF, ZVUE

Our Stocks to Watch today include Industrial Biotechnology Corp. (OTC: IBOT), Angstrom Microsystems Corp. (OTCBB: AGMS), SpongeTech Delivery System Inc. (OTCBB: SPNG), CelebDirect Inc. (OTC: CELI), NeXplore Corp. (OTC: NXPC), QuoteMedia Inc. (OTCBB: QMCI), Advanced ID Corp. (OTCBB: AIDO), American Bio Medica Corp. (Nasdaq: ABMC), Monarch Staffing Inc. (OTC: MSTF), Good Life China Corp. (OTC: GLCC), Sify Technologies Ltd. (Nasdaq: SIFY), Mediatechnics Corp. (OTC: MEDT), SiRF Technology Holdings Inc. (Nasdaq: SIRF) and ZVUE Corp. (NASDAQ: ZVUE).

FEATURED COMPANY

QMCI

INDUSTRIAL BIOTECHNOLOGY CORPORATION (OTC: IBOT)
"Up 7.27% in morning trading"

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

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

Industrial Biotechnology Corporation, (IBC) provides products, services and technologies using renewable resources as an alternative to petroleum and traditional manufacturing methods. IBC production processes are eco-efficient and apply and adhere to sustainable practices and standards. IBC accomplishes this with the ALCHEMx Production Platforms™, which integrates technologies, sustainable manufacturing, and distribution with supply chain partners to meet customer needs and pricing requirements. IBC utilizes sugarcane based ethanol which is considered the leading cost efficient, energy balanced and environmentally sustainable feedstock source, when compared to petroleum and other alternative fuels.

IBOT News:

August 26 - Industrial Biotechnology Corporation and the Plastics Exchange Announce Strategic Partnership

Industrial Biotechnology Corporation (OTC: IBOT) has formed a strategic partnership with North America’s leading spot plastic resin market, The Plastics Exchange. IBC’s subsidiary, Renewable Chemicals Corporation (RCC) will utilize the expertise of The Plastics Exchange in financial modeling, business development and commodity hedging for sugarcane based ethanol chemicals as an alternative to petroleum.

Michael Greenberg, CEO of The Plastics Exchange, said, “I see a very large market developing for renewable plastics and packaging. With the green movement gaining momentum, more and more companies are embracing an environmentally friendly solution. The Plastics Exchange is committed to help develop market awareness and sell the much anticipated Polyethylene resin produced with sugar-based ethanol feedstock pioneered by Industrial Biotechnology Corporation.”

“The Plastics Exchange is a great supply chain resource partner for IBC for evaluating, assessing and delivering renewable chemicals using real time data and pricing from the petrochemical and packaging industries,” says IBC CEO Andy Badolato. “The Plastics Exchange brings accurate and in-depth insight to our strategic and financial business modeling that will increase shareholder value and our competitive advantage.”

The Plastics Exchange is a real-time marketplace for anonymously buying and selling domestic and international commodity grade resin (HDPE, LDPE, LLDPE, GPPS, HIPS, HoPP, CoPP). Through trading relationships with a large network of major producers, distributors, traders and brokers, they have access to a wide spectrum of spot and warehoused plastic resin offerings. The Plastics Exchange acts as a clearinghouse to complete trades and acts as principals to handle the credit and logistics. They assure the integrity of the market by guaranteeing the product quality, delivery and payment of every transaction. The Plastics Exchange also provides in-depth research and news coverage of the resin marketplace.


FEATURED COMPANY

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ANGSTROM MICROSYSTEMS CORPORATION (OTCBB: AGMS)
"Up 3.08% in morning trading"

Detailed Quote: www.otcpicks.com/quotes/AGMS.php

Company Profile:
http://www.otcpicks.com/angstrom-microsystems/angstrom-microsystems.htm

Angstrom Microsystems is one of the top Green computing companies, providing technology solutions ranging from liquid-cooled blades to acceleration software in order to help reduce the power requirements of datacenters. Its customers include Rhythm & Hues, Fox Films, Tippett Studios and the National Institutes of Health. Angstrom has earned a reputation for quality, service, and engineering innovation in the AMD Opteron processor-based system market. See Angstrom Microsystems in the end credits of Blue Sky Studios' "Ice Age: The Meltdown."

AGMS News:

August 25 - Angstrom Microsystems Announces 'Green Computing' Initiative

Company Has Developed Five Key Approaches to Be Eco-Friendly

Angstrom Microsystems Corp. (OTCBB: AGMS) announced that, based on client input and its own research, the Company is a leader in the market for "green computing" solutions. Green computing helps companies reduce their carbon footprint while considerably saving energy and money over traditional computing solutions, particularly in the data center market, which accounts for 3% of all power consumption in the U.S. according to the EPA.

Through over eight years of research and development, Angstrom's energy efficient, high-end blade servers, workstations and software solutions have been designed to provide maximum performance, thereby reducing costs for clients in multiple ways. With both hardware and software solutions to reduce the power needed to drive computing, Angstrom reduces the number of machines required to facilitate mission critical tasks, thus saving clients significant investment and maintenance costs. Angstrom also utilizes only environmentally friendly materials and chemicals in its manufacturing processes, and all the Company's product packaging and shipping crates are made from recycled materials.

Angstrom's green computing initiative is powered by:

* Energy Efficient Liquid Cooled Blade Servers: Angstrom's liquid cooled blade servers use non-electrically conductive fluid that is non-toxic, non-flammable and environmentally friendly unlike competitors who may use chlorofluorocarbons (CFCs), or water, which is a conductive liquid. Cooling accounts for 30% of monthly costs in a typical data center. Angstrom's technology eliminates over 75% of that 30% which results in significant return-on-investment improvement for its clients.

* Ultra-High Efficiency Power Solution: Angstrom's MaxPowerSmart(TM) is an ultra-high efficiency 480VAC 3-phase and 48VDC solution that provides power to standard motherboards used by the Angstrom blade and rack-mount products. Angstrom racks can accept 48VDC power and redundant A/C power from separate grids. MaxPowerSmart allows blade server racks to plug directly to "street" power, bypassing costly and inherently inefficient data center power distribution units (PDUs), enabling 82% power efficiency to the rack, as compared to the 50-70% offered in most other standard solutions.

* Software-based Acceleration: Angstrom provides software-based acceleration solutions to significantly reduce the number of machines required to perform a given task. Fewer machines for the same performance coupled with less cooling power consumption per machine results in a significantly more energy-efficient data center. The Company's Xfactor Plus(TM) software acceleration libraries accelerate the performance of targeted software applications and libraries by 10-100x.

* Use of Only Environmentally Friendly Materials: The Company strives to use only environmentally friendly materials in its products and manufacturing processes. Angstrom does not utilize chemicals that can cause hazardous waste or environmentally harmful emissions such as fluorocarbons. Going even further, the Company only uses materials that comply with the Restriction of Hazardous Substances Directive (ROHS).

* Reusable Product Shipping Materials: Angstrom's shipping containers are wooden crates for delivery of its blade servers. After product delivery, customers ship back the shipping containers to the Company so it can be recycled and reused. All aspects of its packaging are reusable and Angstrom avoids non-biodegradable packaging wherever possible.

Commenting on the green computing initiative, Lalit Jain, CEO of Angstrom Microsystems, said, "Green computing is not just a buzz word or passing fad for Angstrom or our clients. Rather, it is fundamentally at the core of what we do. Our client companies are concerned about the environment and want to reduce their carbon footprints, but they also want great return on their computing investments. We are pleased that we are increasingly becoming the vendor of choice for both. We reduce power consumption in three ways: by reducing the number of computers necessary to operate; reducing the power to cool the computers that are used; and finally by improving the electrical efficiency of each computer.

"Furthermore, we only use environmentally safe materials in our products and manufacturing processes, and reuse all our packing and shipping materials as many times as we can. We are also focused on helping our clients reduce their carbon footprint by saving energy and reducing their hardware costs through the use of our proprietary software acceleration technologies. While we have always been an environmentally aware company, it is nice to see the market finally catching up and recognizing us as a leader."


FEATURED COMPANY

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SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)

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

Company Profile: http://www.otcpicks.com/spongetech/spongetech.htm

SpongeTech Delivery Systems is a development stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge.

SPNG News:

August 26 - SpongeTech® Delivery Systems, Inc. Sponsored Darryl Strawberry Foundation's 2nd Annual Charity Golf Classic

Sports Greats and Celebrities Take a Swing Against Developmental Disorder to Support Foundation for Children and Families Affected by Autism

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) (www.spongetech.com) a company which designs, produces, and markets innovative, cost-effective, and environmentally sensitive packaging and product delivery solutions through its exclusive patented packaging technology, sponsored the Darryl Strawberry Foundation Golf Outing for Children and Families Affected by Autism on Monday, August 25th at the Bethpage State Park in Farmingdale, New York.

Among the sports greats in attendance were: Carl Banks, Sam Rosen, John Starks, Willie Upshaw, Ozzie Smith, Ray Lucas, Curtis McGriff, Bruce Harper, and Ron Darling, among others.

SpongeTech has a partnership with the Darryl Strawberry Foundation whereby the Company has committed to donate a percentage of its children's bath sponge, Puddle Pals, revenues to the Darryl Strawberry Foundation. Puddle Pals is a baby bath toy filled with hypoallergenic soap, with each sponge capable of up to eight washes.

"We were pleased to be a part of an event to support such an important cause," said Steven Moskowitz, COO of SpongeTech. "We believe our technologies have great potential to grow in popularity as we continue to market and promote SpongeTech's products. We look forward to continuing to support this foundation and to participate in other marketing opportunities as our company remains on track for future growth."


FEATURED COMPANY

QMCI

CELEBDIRECT INCORPORATED (OTC: CELI)

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

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

CelebDirect's primary business is that of a direct response celebrity incubator and has two divisions which are direct response marketing and Celebrity placement / franchise opportunities. CelebDirect brings to the market unique and innovative products via direct to market strategies such as infomercials, advertorials and other associated advertising vehicles to expeditiously, economically and broadly market products throughout North American as well as a global basis. CelebDirect has a number of consumer-oriented products it is evaluating and others it is currently bringing to market.

CELI News:

August 26 - CelebDirect Releases a New Corporate Flash Profile and Audio Interview with CEO Danny Alex Featured on Smallcapengine.com

CelebDirect (OTC: CELI) has announced that it is using Smallcapengine.com (www.Smallcapengine.com) to help with its marketing efforts via this new informative Flash Presentation/Profile/Audio Interview. The profile can be viewed in this link:

http://smallcapengine.com/company_profiles_view.aspx?id=143


FEATURED COMPANY

QMCI

NEXPLORE CORPORATION (OTC: NXPC)

Detailed Quote: www.otcpicks.com/quotes/NXPC.php

Company Profile: www.otcpicks.com/nexplore/nexplore.htm

NeXplore Technologies is developing a Web 2.0 search engine and an assortment of social networking portals and tools that will enable users to personalize their Web experience and tailor it to their unique needs, interests, and online pursuits. The Company’s social computing platform, MyCircle.com, offers an enhanced, user-friendly graphical interface search engine, combined with innovative backend technology, which enables users to improve the way they connect with information and other people on the Worldwide Web. MyCircle’s Web 2.0 interface provides users with an online tool for sharing their Blogs, Voice-Over IP, photos and documents, podcasts and videocasts, classified advertising, instant messages, SMS text messages, Chat and personal profiles.

NXPC News:

August 23 - Growing Popularity, Ubiquitous Broadband to Change the Face of Internet Search

NeXplore CMO Scott Grizzle: "Search Needs a Facelift"

A recent survey conducted by PEW Internet & American Life Project (PIP) reveals that "almost half of all Internet users now use search engines on a typical day," an increase of 69% from 2002 when Pew Internet & American Life Project first tracked search activity. The PIP survey also finds that those who use broadband connections at home are "significantly more likely" to use search than those with a dialup connection.

According to Scott Grizzle, chief marketing officer for NeXplore Corporation (OTC: NXPC), search's growing popularity and the proliferation of broadband will drive dramatic changes in the Internet search experience, particularly in how consumers interact with search engine results pages (SERPs).

Grizzle said, "Ubiquitous broadband has conditioned consumers to expect a more dynamic and engaging Internet experience. The search experience, for the most part, has not kept pace with the rest of the Internet. The days of serving up line after line of static text results are coming to an end. As popularity, familiarity and proficiency with Internet search grows, consumers will demand that search results pages have more video presentation and rich-media interaction, less drill down and deeper personalization. There's no question, Internet search is long overdue for a facelift."

For its part, NeXplore Corporation recently launched NeXplore Search (www.NeXplore.com), an innovative Web 2.0 search engine optimized for a superior end-user experience, rich-media display and social network integration. Currently open for public beta, NeXplore Search had more than one million unique visitors in both May and June of 2008 according to web-analytics company Compete.com.


FEATURED COMPANY

QMCI

QUOTEMEDIA INCORPORATED (OTCBB: QMCI)

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

Company Profile: http://www.otcpicks.com/quotemedia/quotemedia.htm

QuoteMedia, Inc. is a leading software developer and provider of real-time streaming financial market information, decision-support, news and research solutions to brokerage, financial services companies, business and media corporations. Among its many leading-edge products lines, the Company offers data feeds, news, dynamic market content solutions, interactive stock research tools, financial applications and real-time wireless applications. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, Dow Jones & Company, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment Research, Automated Financial Systems, WallStreet*E, and others. For more information, visit www.quotemedia.com.

QMCI News:

August 14 - QuoteMedia Reports 30% Increase in Revenue for Q2 2008

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three and six months ended June 30, 2008. These results reflect a 30% increase in second quarter revenues, to $1,724,396 from $1,331,405 in the comparative period in 2007. Revenue for the six months ended June 30, 2008 increased 37%, to $3,412,071 from $2,492,105 in the comparative period in 2007. At June 30, 2008 the Company’s cash balance was $463,214, an increase of $105,898 from the balance at December 31, 2007. Net cash provided by operating activities was $377,428 for the six months ended June 30, 2008; this represents an $875,428 increase in cash generated from operations, when compared to the $598,000 that was used in operating activities in the comparative period.

“The significant revenue growth during the quarter resulted from increased sales of our Interactive Content and Data Applications as well as from increased subscriptions to our Quotestream product line,” says Keith Guelpa, president of QuoteMedia, Inc. “This is our 21st consecutive quarter of revenue growth, reflecting the strong continuing market penetration of our full line of financial data products and the increasing depth of our data offerings, which now cover over 70 exchanges worldwide.

“During the second quarter, QuoteMedia continued to build on the revenue growth momentum that has been building since 2007. We furthered our introduction of Quotestream II to the market, the new generation of our portfolio management system, with enhanced features and functionality. The Company also continued its early release of Quotestream Professional. Where Quotestream II is geared towards providing a professional level experience to non-professional users, Quotestream Professional is designed specifically for use by financial services professionals, offering unparalleled functionality at extremely aggressive pricing.

“Our second quarter was also significant in that much of the groundwork was laid for developments that are coming to fruition now. One example is our announcement earlier this week of our enterprise agreement with Penson Worldwide Inc. Penson is a global provider of execution, clearing, custody, settlement and technology infrastructure products to the financial services sector. Under this agreement Penson will integrate QuoteMedia offerings into platforms that it provides to its nearly 300 correspondent financial services firms. As well, Penson will offer its clients Quotestream Pro and Quotestream II. Also, earlier this month we announced that Mr. James Kelly joined the Company. He is a senior sales executive who brings a wealth of knowledge and successful experience to QuoteMedia, particularly in the financial services professional market to which Quotestream Professional is targeted. Mr. Kelly joins Mr. George Katsch in our New York office. Founded on marketing developments such as these and others, and our performance record, we expect that our customer base will continue to expand dramatically and that our trend of strong revenue increases, quarter over quarter, will continue into the foreseeable future.

“We remain focused on our revenue growing strategies,” says Guelpa. “Our plan of operation for the remainder of 2008 continues to focus on marketing Quotestream II for deployments by brokerage firms to their clients, and moving with increasing strength into the investment professional market with Quotestream Professional. We also plan to continue the market penetration of our Data Feed Services, which is a particularly fertile segment of our product line. We will also continue to license our Quotestream Wireless applications and add new data content to expand our line of Interactive Content and Data Applications.”

“As previously forecasted, and consistent with our focus on expansion, we experienced a loss for the quarter of $360,758 compared to a loss of $424,902 in the comparative period. For the six months ended June 30, 2008 we incurred a loss of $715,677 compared to a loss of $796,987 in the comparative period. While we expect that we will continue to incur losses in the short term, we expect our monthly revenues will continue to rise significantly in 2008 and overtake the increased cost commitments that we have undertaken to support our rapid development. Our improvement in gross margin rates to 57% reflects the stabilization of our fixed cost structures while revenues continue to increase. We expect our costs of revenue to continue to reduce as a percentage of revenues generated. We are very pleased with our progress to date, and we believe that we are on target to meet our near and long term objectives,” says Guelpa.


STOCKS TO WATCH

ADVANCED ID CORPORATION (OTCBB: AIDO)
"Up 25.00% in morning trading"

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

Advanced ID Corporation is a complete solutions provider in the RFID market with a focus on the tire management industry. The company is also a major factor in the tire inspection business through its UK-based Pneu-Logic subsidiary. The Company is active in the pet recovery business through its AVID Canada subsidiary in Calgary, Alberta, is reintroducing its livestock tagging product line in several countries and has developed a UHF RFID reader product line for all market applications.

AIDO News:

August 27 - Advanced ID Corp. Rated 'Speculative Buy,' Target Price $0.35 by Beacon Equity Research

Advanced ID Corp. (OTCBB: AIDO) has been rated Speculative Buy with a price target of $0.35 by Beacon Analyst, Victor Sula, Ph.D.

The full report is available at www.beaconequity.com/adpages/AIDO.

In the report, the analyst writes, “The Company is emerging as a leading integrated RFID solutions provider with product lines for animal recovery and asset management applications. Its readers are being tested by major companies in the tire management, document control, pharmaceutical, vehicle ID, food services and general retail industries … AIDO is also a major player in the RFID tire tag/patch segment, which is growing at double- to triple-digit rates.”

Other companies in the RFID sector include: Intermec Inc. (NYSE: IN), Zebra Technologies Inc. (Nasdaq: ZBRA), Aruba Networks Inc. (Nasdaq: ARUN) and Digital Angel Corp. (Nasdaq: DIGA).


AMER BIO MEDICA CORPORATION (NASDAQ: ABMC)
"Up 27.83% in morning trading"

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

American Bio Medica Corporation is a biotechnology company that develops, manufactures and markets accurate, cost-effective immunoassay diagnostic test kits, including some of the world’s most effective point of collection tests for drugs of abuse. The Company and its worldwide distribution network target the workplace, government, corrections, clinical and educational markets. ABMC’s Rapid Drug Screen®, Rapid ONE®, Rapid TEC®, RDS® InCup®, Rapid TOX and Rapid TOX Cup® products test for the presence or absence of drugs of abuse in urine, while OralStat® and Rapid STAT™ tests for the presence or absence of drugs of abuse in oral fluids. ABMC’s Rapid Reader® is a compact, portable device that, when connected to any computer, interprets the results of an ABMC drug screen, and sends the results to a data management system, enabling the test administrator to easily manage their drug testing program.

ABMC News:

August 27 - FDA Grants CLIA Waiver to ABMC for Its Drug Test

American Bio Medica Corporation (Nasdaq: ABMC) announced that the US Food and Drug Administration (FDA) has granted CLIA waived status to the Company's Rapid TOX® point of collection drug test product line. The waiver applies to all 14 drugs that the Company currently tests for in addition to two different cut-off levels for its Opiate and Cocaine tests. CLIA waived tests are recognized by FDA to be so simple to use and so accurate that there is little risk of error. CLIA waived tests are the most widely used tests in the clinical market (hospitals and physicians), and are in-demand for occupational health and criminal justice applications.

ABMC Chief Executive Office Stan Cipkowski stated, “We have been waiting some time for this decision from the FDA and we are pleased to finally receive our CLIA waiver. The granting of the CLIA waiver is expected to greatly impact our relationship with our laboratory alliance as up until this point, the lab alliance has been obtaining CLIA waived devices from another supplier. Now that our Rapid TOX device is CLIA waived, they will be obtaining all of their urine based point of collection devices from ABMC.”

Cipkowski added, “CLIA waiver also allows us to complete our negotiations with several distributors who service the physician and hospital market. We are anxious to be able to penetrate new markets with our products and this waiver opens the first door for us. I expect to see an immediate impact on sales beginning in the fourth quarter of this year and ramping up throughout 2009.” Cipkowski continued, “In spite of the problems and expenses related to this in 2007, our Chief Science Officer Martin Gould and Director of Quality Assurance and Regulatory Affairs Richard Reilly have completed this first waiver well under budget in 2008. We expect future waiver applications to be more cost effective and expedient due to their efforts.”


MONARCH STAFFING INCORPORATED (OTC: MSTF)
"Up 25.00% in morning trading"

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

Monarch Staffing, Inc., through its subsidiaries, provides healthcare staffing services to commercial and government sector customers in the United States. It furnishes personnel to perform a range of pharmacy technician, nursing, and other health care services in support of the operations of government and commercial facilities. The company is based in Irvin, California.

MSTF News:

August 25 - Monarch Staffing, Inc. Launches Nurse Consultants to Build Its Nurse Staffing Business

New Operating Division Will Be Led by Industry Veteran and Based in Fresno

Monarch Staffing, Inc. (OTC: MSTF), and its wholly owned subsidiary Drug Consultants, Inc., a provider of healthcare staffing services, announced the launch of Nurse Consultants, a new operating division focused on the nurse staffing business.

Nurse Consultants will be lead by Edwina Chong, Executive Vice President, a nurse staffing industry veteran. Prior to joining Drug Consultants, Inc., Ms. Chong built one of the largest local nursing recruitment and staffing firms in the country. From 2001 to 2007, she was Area Manager with Supplemental Health Care where she grew annualized revenues in excess of $21 million. "I am extremely excited to lead the growth of our new operating division," commented Ms. Chong.

Nurse Consultants has opened a new office in Fresno, CA to house its sales & marketing, recruiting and scheduling operations.

"The launch of Nurse Consultants and the opening of a new operating office in Fresno advances our plan to penetrate the growing nurse staffing business. Additionally, we expect the launch will help diversify Monarch Staffing's service offerings and customer base," commented David Walters, Chairman.


GOOD LIFE CHINA CORPORATION (OTC: GLCC)
"Up 38.75% in morning trading"

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

Good Life China Corporation operates a chain of franchised convenience stores in Hebei Province, the People’s Republic of China. The company employs retail concepts, such as e-commerce enabled POS/back office systems. It operates approximately 1,730 stores. The company also has an agreement with Petro China Beijing to provide distribution services and information management system services for the convenience stores in the gas stations belonging to Petro China Beijing Marketing Company. In addition, the company offers online sub prime financial services, such as money lending, forex trading, and advanced electronic funds management. Good Life China Corporation was incorporated in 1998 and is based in Toronto, Canada.

GLCC News:

August 26 - Good Life China Corporation Announces New Store Openings

Good Life China Corporation (OTC: GLCC) (www.goodlifechina.com) announced additional new store openings. A total of 19 stores have been opened within the last 10 days, including stores in Cangzhou, Shijiazhuang and a number of smaller villages. In addition, 3 new suppliers were added to the Good Life Corporation network.

While a number of major announcements regarding strategic alliances and acquisitions have been made in recent days, it is important to note that Good Life continues to generate organic growth with an ongoing stream of new store openings at a very aggressive pace.

When considered in light with the ongoing negotiations to acquire "The People Home" Chain (TPH), it is anticipated that Good Life may soon surpass 3,000 stores.

In other Company news, the Company has signed a strategic partnership agreement with Hebei Provincial General Supply and Marketing Cooperative Corp., after a successful meeting to discuss coordinating efforts in line with China's high priority "10,000 rural village and 1000 Townships" economic development policy to open modern retail stores in rural areas across China. This agreement can help accelerate Good Life's ongoing objective to achieve a store count of 4,000 convenience stores as quickly as possible.


SIFY TECHNOLOGIES LIMITED (NASDAQ: SIFY)
"Up 15.47% in morning trading"

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

Sify is among the largest Managed Enterprise and Consumer Internet Services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching 500+ cities and towns in India. A significant part of the company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications and hosting. Sify is recognized as an ISO 9001:2000 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and ISO 27001 certified for Internet Data Center operations. Sify has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and offers VoIP back haul to long distance subscriber telephony services. The company is India's first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services. A host of blue chip customers use Sify's corporate service offerings. Consumer services include broadband home access, dial up connectivity and the e-port cyber café chain across 180 cities and towns.

SIFY News:

August 27 - Sify and Google in Alliance to Grow Indian Internet Users With Compelling Applications & Tools

To Offer Google's E-mail and Collaboration Services on Its Popular Portal www.sify.com

Sify Technologies Limited (Nasdaq: SIFY), a leader in enterprise data services and consumer Internet with global delivery capabilities, announced its agreement with Google Inc. to bring the Google Apps suite of communication and collaboration tools, including email, chat and online documents, to Indian Internet users. Google Apps will now power Sifymail and chat, as well as other applications using the Google Apps platform, which would be leveraged across Sify’s fast expanding Network Infrastructure, reaching out to over a million users across India and abroad.

Raju Vegesna, Chairman & CEO, Sify Technologies Limited, said, “There is a perfect confluence of the mission of our companies in enhancing the quality of life of individuals and businesses by empowering them with the Internet. Our agreement with Google makes superior applications available for communications and collaboration, coupled with our understanding of the needs of Indians, on our popular portal Sify.com. We believe that we can make compelling applications, tools and content based on Google’s expertise for many more Indians to use the Internet to enhance their productivity and quality of life. This agreement enhances our relationship with Google beyond powering the search on Sify.com.”

Shailesh Rao, Managing Director, Google India Pvt. Ltd., said, "We're pleased to work with Sify to offer its customers access to our leading communication and collaboration tools. Our companies share a vision of giving consumers innovative choices that will the change the way they interact with each other and the world.”

Sify is a leader in providing Internet access in India through the ePort cyber café chain and home broadband access, as well as interactive rich media content with sites such as Sify.com for news, sports, finance, games, shopping and video content, Sifymax.com for broadband entertainment content, Samachar.com for global Indians to stay in touch with everything Indian. The agreement with Google will complement Sify’s strengths in connectivity and content to catalyze the use of the Internet by Indians with world-class applications, tools and content tailored to Indian requirements.

Sify will start launching these services for users in the coming months.

ABOUT GOOGLE INC.

Google's innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top Web property in all major global markets. Google's targeted advertising program provides businesses of all sizes with measurable results, while enhancing the overall Web experience for users. Google is headquartered in Silicon Valley with offices throughout the Americas, Europe and Asia.


MEDIATECHNICS CORPORATION (OTC: MEDT)
"Up 14.29% in morning trading"

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

Mediatechnics Corporation (www.mediatechnicscorporation.com) is the parent company of Mediatechnics Systems Inc., MediaMaster Corporation, The Live Network, Innotech and CRD Technology.

MEDT News:

August 26 - Mediatechnics Corp. Inks Deal to Purchase Global Music Group-New York, Winner of Death Row Records Label Valued at $32 Million

Mediatechnics Corporation (OTC: MEDT) has signed a letter of intent to purchase Global Music Group-New York (GMG-NY), the company that won the bid to acquire the assets of Death Row Records in the U.S. Bankruptcy Court in June of this year for $24 million. Mediatechnics intends to provide Global Music with the funds needed to complete the acquisition.

The landmark deal would give Mediatechnics Corp. ownership of Global Music Group, which will hold upon completion of the purchase — free and clear of all liens, claims and encumbrances — all of the assets that comprise Death Row Records, including Death Row's catalog of master recordings and published music, as well as all trademarks and other intellectual property, licenses, artist and writer agreements, works in progress, and options. An independent valuation of the bankruptcy estate completed last month placed the catalog value at $32 million.

The Death Row catalog includes a significant amount of previously unreleased material by the late Tupac "2Pac" Shakur and other top artists, as well as almost all of the previously released music of Dr. Dre and 2Pac. The 2Pac music has spawned great interest with the media since the possibility of its imminent release became news.

Founded in 1991 by Marion "Suge" Knight and Dr. Dre, Death Row Records established itself as one of the biggest labels at the forefront of the '90s gangsta rap music era, and, for all intents and purposes, defined the genre. The label was home to such artists as Dr. Dre, Snoop Dogg, Tha Dogg Pound as well as 2Pac.

By the early 2000s, Death Row was besieged with several crippling lawsuits and criminal convictions for founder Suge Knight. In April of 2006, Knight sought bankruptcy protection for himself and the label. On June 24 of this year, the U.S. Bankruptcy Court for the Central District of California approved the sale of Death Row to Global Music Group - New York for $24 million, and Global Music placed a deposit with the court.

Mediatechnics President Richard Wilson said, "The acquisition of Global Music and Death Row Records will represent a landmark turning point for our company. Together with our subsidiaries, the Live Network and CRD Technologies, the prospects of co-branding, licensing and new product development are astounding." He continued, "We're driving hard to lock in all of the complicated pieces of this puzzle necessary to successfully conclude this remarkable deal."

Susan Berg, President of Global Music Group-NY, said, "We are delighted by the prospects that this imminent transaction could bring to our two companies and believe the outcome, both financially and creatively, can be an incredible force." Berg qualified Global Music Group as a bidder with the Federal Bankruptcy Court prior to the auction in June, putting up more than one million dollars on deposit.

Mediatechnics' transaction remains contingent upon several factors, not the least of which is the closing of the financing and the subsequent payment to, and acceptance by, the Bankruptcy Court and its trustee. While many factors outside the control of Mediatechnics could yet affect whether or not the transaction is completed, the company is currently in possession of a Letter of Intent from a lender to fund the transaction, and has been informed by GMG-NY that it is likely that the purchase will be accepted when funds are proven and delivered.


SIRF TECHNOLOGY HOLDINGS INCORPORATED (NASDAQ: SIRF)
"Up 10.30% in morning trading"

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

SiRF Technology Holdings, Inc. develops and markets location platforms based on semiconductor and software products that are designed to enable location-awareness utilizing GPS and other location technologies, enhanced by wireless connectivity and multimedia capabilities for high-volume mobile consumer devices and commercial applications. SiRF's technology has been integrated into a wide range of mobile consumer devices such as automobile navigation systems, portable navigation devices (PNDs), mobile phones, mobile computers, GPS-based peripherals and handheld GPS devices, and into commercial applications such as location servers, asset tracking devices and fleet management systems. SiRF markets and sells its products in four target platforms: wireless handheld devices such as mobile phones; automotive electronics systems, including navigation and telematics systems; consumer electronics products such as recreational GPS handhelds, mobile gaming machines, digital cameras and wearable devices; and mobile computing systems, including personal digital assistants, notebook computers, universal mobile personal computers (UMPCs) and mobile internet devices. Founded in 1995, SiRF is headquartered in San Jose, California, and has sales offices, design centers and research facilities around the world. The company trades on the NASDAQ Stock Exchange under the symbol SIRF.

SIRF News:

August 26 - SiRF & ITC Staff File Appeals of ITC Judge's Initial Ruling

No Ban Exists on SiRF or SiRF Customer Product Shipments

SiRF Technology Holdings, Inc. (Nasdaq: SIRF), a leading provider of GPS-powered location platforms, today announced that SiRF and the ITC staff have independently filed appeals with the International Trade Commission (ITC) for review of the ITC Administrative Law Judge's (ALJ) initial ruling that certain SiRF products infringed upon patents held by Global Locate, Inc., a wholly-owned subsidiary of Broadcom. In addition, SiRF has taken measures to reassure its customers of multiple alternatives to address this initial ruling to enable SiRF customers to continue shipping their innovative products into the U.S. market.

"There is no ban on shipment of SiRF's or our customers' products. In fact, the ITC will not even make any final determination until December after they have finished their investigation including reviewing the ITC Staff's appeal and our appeal," said Kanwar Chadha, founder of SiRF Technology. "Meanwhile we continue to provide our customers with products and services to address their needs and ensure that consumers get the full benefits of SiRF's innovations."

The initial ruling is subject to review by the ITC. SiRF believes that the ALJ's initial decision is incorrect, and the evidence presented during the trial gives SiRF a strong basis for its appeal to the ITC for its final ruling, due to issue in December 2008. The ITC Staff has also independently filed an appeal of the initial ruling.

In addition, there will be a remedies briefing process to the ITC that determines the impact, if any, of a ruling on SiRF and SiRF customers' products, which will occur in due course. The final ITC ruling is further subject to a sixty-day Presidential review period and can then be appealed to the Federal Circuit Court of Appeals.

During the last 13 years, SiRF has built a patent portfolio in the location technology field that includes more than 250 patents awarded worldwide and more than 370 additional patent applications pending. SiRF's patent portfolio also includes some of the early GPS patents that SiRF acquired through its acquisition of Conexant's GPS business in 2003, and Motorola's GPS assets in 2005.


ZVUE CORPORATION (NASDAQ: ZVUE)
"Up 8.40% in morning trading"

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

ZVUE Corporation (NASDAQ: ZVUE) is a global digital entertainment company. Its Pospsauce Network (comprised of eBaumsWorld.com, Putfile.com, Holylemon.com, UnOriginal.co.uk, YourDailyMedia.com, Dorks.com, FunMansion.com and ZVUE.com) is consistently among the top-five companies providing user-generated video online. ZVUE™ personal media players are mass-market priced and currently available for purchase online and in Wal-Mart stores throughout the U.S.

ZVUE News:

August 27 - Solange Knowles Explodes on the Scene With Her Own Branded Media Player From ZVUE

Pre-Loaded Portable Media Player With Music and Video From R&B Star Solange

ZVUE Corporation (Nasdaq: ZVUE), a global digital entertainment company, announced that ZVUE has launching their latest ZVUE Artist Series Media Player pre-loaded with R&B singer Solange’s new album “SoL-AngeL and the Hadley St. Dreams.” The specialty-branded player is available exclusively in 500 Wal-Mart stores nationwide beginning August 26, 2008. The product retails for $49.88.

The pre-loaded Media player comes with 2 versions of the “I Decided” music video. The player also includes the popular single "I Decided," which has reached the top of the Billboard Hot Dance Singles Sales and the Hot R&B/Hip-Hop Singles Sales charts. In addition, there are special exclusive materials preloaded including 2 bonus music tracks, extra video footage and photos.

The Solange branded Media player comes with high-quality ZVUE Sound Headphones, USB cable, 2.4” screen, Photo Viewer, Text Reader, FM Tuner and 2 GB of built-in memory.

“We are excited about partnering with one of the youngest and hippest R&B sensations today, Solange,” said Jeff Oscodar, ZVUE President and CEO. “We continue to have great success with the roll-out of our pre-loaded MP3 players and look forward to capitalizing on the lucrative back to school season.”

“The outpouring of support from around the world for Solange’s new album, has been incredible. Everyone will be pleasantly surprised with this high quality Solange theme pre-loaded media player. Thru our partnership with ZVUE and Wal-Mart it was important to all of us that we could offer a great product that was affordable for the fans,” says Mathew Knowles, President and CEO, Music World Entertainment.

 
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