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SUNOVIA ENERGY TECHNOLOGIES (OTCBB: SUNV)
"Up 53.33% on Friday"

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

Sunovia Energy Technologies, Inc., a development stage company, engages in engineering, developing, marketing, and distributing solar powered substrate technology in the United States. It is developing solar and non-solar powered substrates that permit sign-quality graphics to be run through printers with electric lighting embedded in the substrate. The company's proprietary products enable the convergence of technologies in the area of solar, micro-battery, chip-scale electronics, micro electro-mechanical systems, light emitting diodes, printable electronic inks, global positioning systems, and wireless communication technologies. Its product under development, Solar Stickers, a solar adhesive technology, integrates flex circuitry, photovoltaics, microbatteries, light emitting diodes, and radio frequency identification to form a printable solar lighted substrate that is illuminated from within. The company was founded in 2005 and is based in Sarasota, Florida.

SUNV News:

May 2 - Smallcap Rapp™ to Feature Sunovia Energy Technologies, Inc.

247MGI, Inc. (OTCBB: TOFS) ("247MGI") announced that Smallcap Rapp(TM) will feature Carl Smith, CEO for Sunovia Energy Technologies, Inc. (OTCBB: SUNV) Monday May 5, 2008 at 1:00 PM EDT.

SUNV recently announced they completed their mezzanine round of financing. The company has raised a total of $12 million, and continues to allocate proceeds to the development of the scalable CdTe-based solar cell manufacturing facility and sales of the EvoLucia(TM) LED-based solid-state lighting solutions.

BUDGET WASTE INCORPORATED (OTC: BDGW)
"Up 5.74% on Friday"

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

Budget Waste Inc. is a waste solutions company in Western Canada providing complete waste and recycling services to commercial, industrial, construction, homebuilding, oilfield and residential clients. With its broad range of innovative services, the company offers its customers more value for their dollar and reduces accounting costs by providing streamlined billing. BWI is currently following its growth-through-acquisition strategy with exceptional success. With regulations throughout North America pressing companies and individuals to be more vigilant in the way they handle their waste products, company officials see vast opportunity for expansion of BWI's distinctive services.

BDGW News:

May 2 - Budget Waste Inc. Files Form 211 With NASD

Budget Waste Inc. (OTC: BDGW) announced that it has received confirmation from its principal market maker that a Form 211 has been filed by the market maker with NASD seeking permission to trade the company's common stock on a fully solicited basis on the Pink Sheets.

"We believe this is a very important step in our plan to have our shares trading soon on the OTCBB," stated Jim Can, CEO of Budget. "Our next step, once our audit is completed, is to file a Form 10-sb with the SEC in order to become a fully reporting company. Once we have reporting company status, our market maker can apply for trading of our shares on the OTCBB."

VERMILLION INCORPORATED (NASD: VRML)
"Up 39.66% on Friday"

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

Vermillion, Inc. discovers, develops, and commercializes diagnostic tests that help physicians to diagnose and treat patients. It develops clinical protein biomarker diagnostic products and services in the fields of oncology, hematology, cardiology, and women's health with initial focus on ovarian cancer. The company has collaborations with various academic and research institutions, including The Johns Hopkins University School of Medicine focusing on oncology, primarily breast, prostate, and ovarian cancers; The University of Texas M.D. Anderson Cancer Center that focuses on cancers of the reproductive tract, including the uterus, fallopian tubes, and ovaries; and The University of Texas Medical Branch for the discovery and development of new products for personalized or targeted medicine, primarily in the field of liver disease. It also has collaboration agreements with The Katholieke Universiteit Leuven for the discovery, validation, and characterization of biomarkers related to gynecological diseases; Ohio State University Research Foundation for the discovery, validation, and characterization of biomarkers related to thrombotic thrombocytopenic purpura, and production of associated technology; Stanford University for the discovery, validation, and characterization of biomarkers related to cardiovascular diseases, primarily peripheral arterial disease; and Clinic of Gynecology and Clinic of Oncology, Rigshospitalet, Copenhagen University Hospital. In addition, Vermillion has strategic alliance with Quest Diagnostics Incorporated for commercializing up to three diagnostic tests. The company was founded as Abiotic Systems in 1993 and changed its name to Ciphergen Biosystems, Inc. in 1995. It further changed its name to Vermillion, Inc. in 2007. The company is based in Fremont, California.

VRML News:

May 1 - Vermillion's Roundtable Teleconference Highlights Peripheral Artery Disease Diagnostic Program; Features Commentary from Vascular Medicine Expert

Company Offers Access to Archived Web Cast and Phone Replay of the Forum

Vermillion, Inc. (NASD: VRML), a molecular diagnostics company, recently held a roundtable teleconference focusing on its peripheral artery disease (PAD) diagnostic program and the need for improved detection of this life- and limb-threatening condition. The teleconference, which took place yesterday, featured keynote speaker John Cooke, M.D., Ph.D., Professor of Medicine at Stanford University, whose research forms the basis of Vermillion's PAD blood test.

The roundtable discussion was the first of a series of calls to provide investors an opportunity to hear more about Vermillion's diagnostic programs and understand the various markets that the company seeks to address. Yesterday's forum served as a means to educate this audience about the current state of PAD and why there is a clinical need for a blood test that can determine a person's risk of developing the disease. PAD, a serious condition affecting some eight to 12 million Americans, can double a person's risk of heart attack and stroke, and increase the risk of amputation and death. There are treatments that can save the lives and limbs of these patients once the disease is recognized.

"The signs and symptoms of PAD often go unnoticed, and as a result many patients are not being properly diagnosed. We are in serious need of new, innovative tools to aid in the diagnosis and management of this life- threatening condition," said Dr. Cooke. "Together with Vermillion, we are working to develop a simple blood test that will stratify an individual's risk of developing PAD. This will serve as an important advancement in the overall management of the disease - benefiting both the patient and the physician alike."

"Improving diagnosis of PAD, expediting treatment and enhancing patient outcomes is a key goal for Vermillion, as well as for Dr. Cooke and his research team at Stanford," said Gail Page, President and CEO of Vermillion. "We believe that our PAD diagnostic program will achieve these goals, and look forward to reporting additional clinical and commercial results in the coming months."

To access the archived Web cast of the conference call, visit the Investor Relations section of Vermillion's Web site at www.vermillion.com. Additionally, a telephone replay of the roundtable discussion is available through May 30, and may be accessed by dialing (800) 633-8284 from the United States and Canada or (+1 402) 977-9140 internationally. The replay pass code is 21381902.

ABOUT VERMILLION'S PAD DIAGNOSTIC TEST PROGRAM

In collaboration with Dr. Cooke and his research team at Stanford University, Vermillion has developed a novel panel of biomarkers in an effort to determine the risk of PAD through a simple blood test. The company has an exclusive license agreement with Stanford to develop and commercialize this panel.

TITAN OIL AND GAS (OTC: TNOG)
"Up 31.58% on Friday"

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

Titan Oil and Gas, Inc. engages in the development, drilling, and production of oil and gas in the United States. It focuses on the redevelopment of oil and gas fields with a history of production, and exploration and development of new properties. The company holds an option on approximately 250 acres of leases in Bastrop County, Texas. It also owns interest in Wilson County project, Texas. The company was incorporated in 1988 under the name Sierra Gold Corporation and changed its name to PayForView.com Corp. in 1999. Further, it changed its name to James Barclay Alan, Inc. in 2002, to Titan Consolidated, Inc. in 2003, and to Titan Oil and Gas, Inc. in 2005. The company is based in New York, New York.

TNOG News:

May 1 - Titan Oil and Gas Reaches An Agreement With All Major Creditors

Titan Oil and Gas Has Reached An Agreement That Addresses and Satisfies All Major Debts Owed By The Company

Titan Oil and Gas Inc. (OTC: TNOG) management has secured settlements with all major creditors. These negotiations struck a similar tone to those that addressed the company’s legal issues; in that the strength of management’s plan to move the business forward was a key factor in the process.

Titan Oil and Gas had a liability of approx. $871,664 before management entered into talks with company creditors. Through negotiation, the amount was revised down to $641,959, a reduction of $229,685 or more than 26%. This figure includes all remaining debt other than monthly expenses. 65% of the negotiated amount will be amortized over a 36 month period. Due to their confidence in the business plan the remaining 35%, which includes management, will be taken in the form of stock as a longer-term investment. As with the legal settlements, Titan will also pay only the remaining principal, not interest, to these creditors.

The agreement was possible because each creditor was encouraged by company management’s plan to generate the funds necessary to meet these newly amended obligations. Management wants to clarify that these settlements will not require a reverse split and that Titan will not consider a reverse split as a means to further the Company.

“We appreciate that they have found our plan to be supportive of all of our interests,” Brandon Toth, Titan Oil and Gas President, stated in reference to the adoption of Titan’s terms for settlement.

MECHANICAL TECHNOLOGY INCORPORATED (NASD: MKTY)
"Up 32.93% on Friday"

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

Mechanical Technology, Incorporated, through its subsidiaries, engages in developing and commercializing off-the-grid rechargeable power sources for portable electronics. The company offers fuel cell power solution that consists of Mobion Chip, the direct methanol fuel cell power engine, and methanol replacement cartridges for various applications, such as mobile phones and mobile phone accessories, digital cameras, portable media players, PDAs, and GPS devices. It also provides precision non-contact physical measurement solutions, condition based monitoring systems, portable balancing equipment, and semiconductor wafer inspection tools for the manufacturing, semiconductor, commercial/military aviation, automotive, and data storage industries. The company's test and measurement instruments and systems consist of electronic, computerized gauging instruments for position, displacement, and vibration applications for the design, manufacturing, and test markets; semiconductor products for wafer characterization; and engine balancing and vibration analysis systems for military and commercial aircrafts. It sells its products directly, as well as through sales representatives and distributors to original equipment manufacturers primarily in the United States, Europe, Japan, Singapore, and internationally. The company has strategic alliance with Samsung Electronics Co., Ltd.; Duracell; and Trident Systems, Inc. Mechanical Technology, Incorporated was founded in 1961 and is headquartered in Albany, New York.

MKTY News:

May 2 - MTI Micro Debuts Embedded Fuel Cell Prototype for Handheld GPS Devices

Company Exhibits Micro Fuel Cell Prototypes for Portable Electronics at Small Fuel Cells Conference in Atlanta

MTI MicroFuel Cells Inc. (“MTI Micro”), the developer of Mobion® off-the-grid portable power solutions and a subsidiary of Mechanical Technology Incorporated (NASD: MKTY) (“MTI”), unveiled a new embedded micro fuel cell prototype design for handheld global positioning system (“GPS”) devices at the 10th Annual International Small Fuel Cells Conference in Atlanta. MTI Micro will exhibit a micro fuel cell powered GPS prototype at booth number 101, alongside its full range of functional prototypes for use in handheld electronic devices.

MTI Micro’s new Mobion® powered GPS prototype provides three times as much energy as GPS devices powered by four disposable AA batteries. On a model with a large, full-color screen, this fuel cell design generates up to 60 hours of continuous power and provides weeks instead of days of typical usage.

The new Mobion® powered GPS prototype includes a USB interface, allowing the prototype to also be used as an independent energy source for a variety of purposes, including for recharging mobile phones, digital cameras, portable media players and other handheld electronic devices. The Mobion® powered GPS prototype can be immediately recharged by refilling it with methanol.

“MTI Micro is exploring the integration of our Mobion® platform with GPS devices as part of our strategy to bring micro fuel cell technology to a wide range of portable consumer electronic device market segments,” said Peng Lim, President and CEO of MTI. “Battery life is a key issue with handheld GPS devices, especially as manufacturers add advanced energy-hungry features to new models, such as larger full color screens. Our Mobion® powered GPS prototype will provide handheld GPS users such as hikers and campers, travelers, boaters, pilots and other sports enthusiasts the peace of mind of much longer usage time and will help them do away with the expense, bulk and environmental unfriendliness of conventional batteries.”

MTI Micro’s new embedded micro fuel cell prototype design for GPS devices will be the second prototype unveiled by the company in two months. In February, MTI Micro announced a Mobion® powered camera-grip attachment for digital SLR cameras designed to provide twice as much energy as existing battery pack camera-grips of the same size. MTI Micro is seeking to commercialize its Mobion® direct methanol fuel cell technology to bring the benefits of longer run-time and instantaneous recharging capabilities to consumers, while also providing handheld device manufacturers with a new power supply platform that both enhances performance and creates new opportunities for increased functionality by enabling a wider array of desired features to be incorporated into overall product design.

At the 10th Annual International Small Fuel Cells Conference, MTI Micro will showcase its Mobion® external power charger prototypes, its Mobion® attached power source camera-grip prototype and its embedded Mobion® powered GPS prototype and smartphone concept model. For more information about the 10th Annual International Small Fuel Cells Conference, visit www.knowledgefoundation.com.

ABOUT MTI MICROFUEL CELLS

MTI MicroFuel Cells Inc. (“MTI Micro”), a subsidiary of Mechanical Technology, Incorporated (NASD: MKTY), is the developer of Mobion® off-the-grid portable power solutions. MTI Micro has a team of entrepreneurial business executives, researchers and scientists; a proprietary direct methanol micro fuel cell power system and a number of system prototypes demonstrating size reductions and performance improvements; and related intellectual property. MTI Micro has received government funding and developed strategic partnerships to facilitate efforts to achieve commercialization. More information is available at www.mtimicrofuelcells.com.

TELECOMMUNICATION SYSTEMS INCORPORATED (NASD: TSYS)
"Up 21.55% on Friday"

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

First Quarter 2008 Results:

* 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.

* GAAP net income was a record $4.6 million or $0.11 per share, versus a 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.

* 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.