OTCPicks.com

SINO-BIOTICS INCORPORATED (OTCBB: SBTI)
"Up 296.04% on Thursday"

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

Sino-Biotics, Inc. does not have significant operations. It intends to acquire or merge with an operating company. The company was founded in 1997 and is based in Bartlesville, Oklahoma.

SBTI News:

July 17 - Sino-Biotics, Inc. Acquires Leading China-Based Fluorescent Lighting Company CH International Holdings, Inc. Through Completion of Reverse Merger

In First Half of Fiscal 2008, New Sino-Biotics Subsidiary CH International Saw Revenues Climb 213% to $37,141,000, While Profits Grew to $5,913,000

New Sino-Biotics President and CEO, Mr. Zhao Guosong, Sees Strong Domestic and International Growth for the Company's Environmentally Friendly, Energy Efficient Lighting Products and Services

Sino-Biotics, Inc. (OTCBB: SBTI), previously a "blank check" company trading on the Pink Sheets and OTC Bulletin Board, took a significant step forward with the completion of a reverse merger through which it has acquired CH International Holdings Limited (CH International).

The transaction positions Sino-Biotics as one of the world's leading designers, manufacturers and exporters of a wide variety of fluorescent lighting products and a leading company in China in the rapidly growing special light source market, with a wide variety of "green," environmentally friendly lighting products and services that, among other things, reduce power consumption, grow plants and improve health.

In conjunction with the transaction, as described below, Mr. Zhao Guosong, the founder of CH International in 2004, and a highly experienced lighting industry executive who is also the largest shareholder of Sino-Biotics (through his majority ownership in KEG International Limited), has been appointed as a Director and President and CEO of the Company; Ms. Gan Carying has also been appointed to serve as a Director (Vice Chairman), and Mr. Huang Hsiao-I has been appointed to serve as Chief Financial Officer.

Description of the Transaction

As described in the Company's Current Report on Form 8-K as filed with the SEC on July 16, 2008, Sino-Biotics, Inc., a Delaware corporation, entered into a Share Exchange Agreement with CH International, a British Virgin Islands investment holding company and KEG International Limited, a British Virgin Islands company and the sole stockholder of CH International (KEG). As a result of the share exchange, Sino-Biotics acquired all of the issued and outstanding securities of CH International from KEG in exchange for 93,000,000 newly-issued shares of the Company's Common Stock, par value $0.001 per share, representing seventy-seven and one half percent (77.5%) of Sino's issued and outstanding Common Stock as of July 16, 2008. The exchange is intended to constitute a tax-free reorganization pursuant to the provisions of Section 368(a)(1)(B) of the Internal Revenue Code of 1986, as amended. As a result of the exchange, CH International became a wholly-owned subsidiary of Sino-Biotics.

Simultaneously with the filing of the Current Report, Sino-Biotics also filed with the U.S. Securities and Exchange Commission an Information Statement complying with Rule 14f-1 under the Securities Exchange Act of 1934, as amended, that describes a change in a majority of the Company's Board of Directors that shall, not earlier than ten (10) days following the date of such filing, occur in connection with the change of control of Sino-Biotics described in the Current Report.

FY '08 First Half Revenues Grow 213%

As reported in the Current Report, in the first half of Fiscal '08, ending March 31, 2008, CH International, now a wholly-owned subsidiary of Sino-Biotics, increased revenues to $37,141,000, up approximately 213% from $11,850,000 in the same period in the prior fiscal year. FY '08's six month revenues also were higher than full year FY '07 revenues of $32,379,000 for the year ended September 30, 2007. Net income through the first six months of FY '08 also increased dramatically to $5,913,000 from $618,000 in the same period last year and $1,969,000 at the end of FY '07.

These reported gains were attributed largely to the Company's recent expansion with its environmentally friendly products into the Chinese domestic market, where first half sales increased by $9,534,000, an increase of approximately 1,102% over the same period in FY '07, while exports in the period also increased by approximately 143%. Domestic revenue in the FY '08 first half was $10,399,480 compared with overseas revenue in the period of $26,741,520.

Continuing Growth Opportunity

Mr. Zhao Guosong, President, CEO and Director of Sino-Biotics, Inc., commented, "We are very excited about taking this latest important step in further building our leadership and growth prospects in the fluorescent lighting field." He added, "As China — which has become the world's largest lighting products manufacturer — and the rest of the world increasingly face the twin issues of high energy costs and a deteriorating environment, we offer lighting solutions and high end products and services that improve health and working and learning conditions, and that also are energy efficient and environmentally friendly. Consequently, we see a very large and growing market opportunity for our innovative products domestically as well as internationally."

ABOUT CH INTERNATIONAL

Based in Jinhua, China, CH International, founded in 1994 and now a wholly-owned subsidiary of Sino-Biotics, Inc., is a diversified designer, manufacturer and exporter of more than 1,000 types of fluorescent lighting and related products. It is the leader in China in environmentally friendly special lighting products such as Air Cleaning Lamps, Power Saving Lamps and Plant Growth, Vision Improvement and Performance Improvement Lighting Products. Additionally, just over a third of its products are General Light Products which account for approximately 8% of China's linear fluorescent lamp manufacturing, making it the third largest manufacturer of these products in the country. While exports of the Company's products around the world continue to grow rapidly, it is increasingly focused on domestic sales, encouraged and supported by government policies aimed at reducing power consumption and improving the environment. Additional product information is available at http://chlighting.com.

EXIT ONLY INCORPORATED (OTC: EXTO)
"Up 110.53% on Thursday"

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

Exit-Only, Inc. operates as an Internet-based market for new and used vehicles in Canada. The company operates Text4Cars.Com Web site that contains a database of new and used vehicles, where sellers can add to the site and buyers can search and purchase from the site. As of May 22, 2007, Text4Cars.Com had approximately 10,000 vehicles on its database. The company was incorporated in 2006 and is based in Santa Monica, California.

EXTO News:

July 17 - Text-4-Cars.com Signs L.O.I. for Joint Venture With Optical Systems, Inc.

Partnership Opens New Locations and Additional Revenue

Text-4-Cars.com, a wholly owned subsidiary of Exit Only, Inc. (OTC: EXTO), announced that it has signed a L.O.I. to enter into a joint venture with Optical Systems, Inc. With the current projections, this partnership should increase Text-4-Cars revenues by as much as 30 percent. Through this partnership, Text-4-Cars.com will offer their SMS services throughout the Save-A-Deal Auto Network while additionally implementing a new lead program that produces a significant new revenue stream to their business model.

"We are very excited about our new venture with Optical Systems, Inc. Our premium service along with their back-end office solutions will enhance any dealerships' revenues as well as provide new sales opportunities. We will be releasing more information in the near future as to the significant impact this will have on our revenues in the near future," stated Kyle Gottschalk, C.E.O. and President of Exit Only, Inc.

TEXT4CARS.COM provides no cost advertising to sellers of vehicles. When a qualified buyer expresses interest, contact information is instantaneously delivered to the seller who is then charged a token fee. Buyers, sellers, dealers and private parties have agreed that TEXT4CARS.COM is the most efficient, low cost and prompt way to buy or sell a car.

For more information, visit www.text4cars.com or www.goldenboards.com.

AVENUE GROUP INCORPORATED (OTCBB: AVNU)
"Up 70.00% on Thursday"

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

Avenue Group, Inc. is engaged in the exploration and development of oil and gas reserves. Its strategy is to acquire a portfolio of oil and gas assets that include the acquisition of low risk oil and gas reserves and the generation of low risk drilling opportunities. Avenue owns a 50% interest in the Heletz-Kokhav License and a 25% interest in the Iris License which together encompass the Heletz oilfield. The Heletz Field, Israel's only producing oil field, was discovered in 1955 and has produced over 17 million barrels of oil to date.

AVNU News:

July 15 - Heletz Field Production Update

Avenue Group, Inc. (OTCBB: AVNU) ("AGI"), with its wholly owned Israel subsidiary, Avenue Energy Israel LTD. ("AEI"), announced that it has produced over 1,300 barrels of oil from its 50% owned Heletz-Kokhav License, part of the Heletz Field in southern Israel ("Heletz"). Since restarting production on June 12, 2008, three wells have been returned to production with total daily production exceeding 60 Barrels of Oil Per Day (30 BOPD net to AEI). Three additional wells are being prepared to return to production over the next few weeks.

Levi Mochkin, AGI's Chief Executive Officer, commented: "We are very pleased with the production rates from Heletz and the overall progress of the Heletz Field redevelopment project."

CATALYST SEMICONDUCTOR INCORPORATED (NASDAQ: CATS)
"Up 58.87% on Thursday"

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

Catalyst Semiconductor, Inc. engages in the design, development, and marketing of reprogrammable non-volatile memory products and analog/mixed-signal semiconductor products. The company's products include electrically erasable programmable read-only memory (EEPROM) and flash memory products, which are used in applications to store user reconfigurable data, and in personal computers, cellular handsets, digital cameras, optical networks, wireless local area networks, digital set-top boxes, automotive systems, LCD televisions, digital video recorders, cordless phones, laser printers, memory modules for computers, disk drives, and remote controls; and analog and mixed-signal products comprising supervisory products with EEPROM, supervisory products without memory, digitally programmable potentiometers, white LED drivers, DC to DC converters, LDO regulators, and input/output expanders, which are used in the applications, such as power management, systems supervision, and interface support. Its products are used by manufacturers of electronic products in a range of consumer, computing, communications, industrial, and automotive applications. Catalyst Semiconductor distributes its products through manufacturers' representatives, distributors, and resellers in North America, South America, Europe, Africa, and Asia. The company was founded in 1985 and is headquartered in Santa Clara, California.

CATS News:

July 17 - ON Semiconductor to Acquire Catalyst Semiconductor, Inc. in an All-Stock Transaction

ON Semiconductor Corporation (NASDAQ: ONNN) and Catalyst Semiconductor, Inc. (NASDAQ: CATS) announced the signing of a definitive merger agreement providing for the acquisition of Catalyst Semiconductor by ON Semiconductor in an all-stock transaction in which Catalyst shareholders will receive 0.706 shares of ON Semiconductor common stock for each share of Catalyst common stock they own. This represents an equity value of approximately $115 million and an enterprise value of approximately $85 million.

“The acquisition of Catalyst Semiconductor will add to our high gross margin analog and mixed-signal product offerings for the digital consumer and wireless end-markets,” said Keith Jackson, ON Semiconductor president and CEO. “Catalyst Semiconductor’s analog and mixed-signal business represented more than $11 million in sales as of their April 2008 fiscal year end - a business that grew more than 90 percent versus the prior year. Catalyst Semiconductor’s EEPROM technology will strengthen our custom application-specific circuits (ASIC) and power products capabilities expanding our ability to more comprehensively address our customers’ needs. With the combination of ON Semiconductor's global footprint, effective channels of distribution, and top-tier customer relationships, we expect to be able to support a broader and deeper penetration of Catalyst's overall product portfolio. This should enable us to accelerate their revenue growth and increase market share. We also believe additional revenue from Catalyst Semiconductor’s strong portfolio offering will benefit from ON Semiconductor’s manufacturing capabilities. We look forward to welcoming Gelu Voicu, Catalyst Semiconductor’s CEO, as well as the talented Catalyst employee base to ON Semiconductor.”

“This transaction represents a compelling opportunity for Catalyst employees, customers and shareholders,” stated Gelu Voicu, CEO of Catalyst Semiconductor. “To compete successfully in today’s global marketplace, size and scale are very important. We are pleased to become part of a leading global company in the semiconductor sector. ON Semiconductor’s world-class operational capabilities and supply chain will enable Catalyst Semiconductor’s products to better penetrate the automotive, consumer, and industrial end-markets utilizing ON Semiconductor’s global customer and channel footprint.“

Transaction Details

Under the terms of the agreement, which has been approved by both boards of directors, the fixed exchange ratio will be 0.706 shares of ON Semiconductor common stock for each share of Catalyst Semiconductor common stock. Based on the closing stock price of ON Semiconductor on July 16, 2008, this represents a value to Catalyst Semiconductor shareholders of approximately $6.24 per share. Upon completion of the transaction, ON Semiconductor will issue approximately 13 million shares of common stock on a fully diluted basis to complete the transaction or approximately 3 percent of ON Semiconductor’s fully diluted shares outstanding.

The transaction is subject to the approval of shareholders of Catalyst Semiconductor as well as customary closing conditions and regulatory approvals. The companies expect the transaction to close in the fourth quarter of 2008. Upon closing, ON Semiconductor may record a one-time charge for purchased in-process research and development expenses and other deal related costs. The amount of that charge, if any, has not yet been determined.

“This acquisition is directly aligned with both our strategic and financial goals,” said Donald Colvin, ON Semiconductor executive vice president and CFO. “Net of cash and short term investments of approximately $30 million at the end of April 2008, the transaction value represents approximately 1.1 times trailing twelve month sales. We also believe ON Semiconductor’s operational strengths will significantly benefit the revenue and margin potential of Catalyst Semiconductor. Excluding the impact of amortization expense, write-up of inventory to fair market value, one-time and other deal related charges discussed above, we expect the acquisition will have minimal impact to earnings per share in the first year post the transaction close and should be accretive to our earnings per share thereafter. ON Semiconductor’s business and the integration of AMIS Holdings, Inc. has proceeded as anticipated and we are comfortable with the guidance and current level of revenue and earnings expectations provided on our May 5, 2008 conference call. We intend to provide further details on the acquisition and our second quarter 2008 results on our regularly scheduled quarterly earnings conference call on Aug. 6, 2008.”

Shares of the combined company will trade on the NASDAQ Global Exchange under the symbol “ONNN.” JP Morgan acted as exclusive financial advisor and DLA Piper US LLP acted as legal counsel to ON Semiconductor. Houlihan Lokey acted as exclusive financial advisor and O’Melveny & Myers LLP acted as legal counsel to Catalyst Semiconductor.

Teleconference and Webcast Information

ON Semiconductor will host a conference call for the financial community at 8:00 a.m. Eastern Time (ET) on Aug. 6, 2008 to discuss this announcement and ON Semiconductor’s results for the second quarter of 2008. The company will also provide a real-time audio broadcast of the teleconference on the Investor Relations page of its website at www.onsemi.com. The webcast replay will be available at this site approximately one hour following the live broadcast and will continue to be available for approximately 30 days following the conference call. Investors and interested parties can also access the conference call through a telephone call by dialing (888) 546-9664 (U.S./Canada) or 706-679-4331 (International). In order to join this conference call, you will be required to provide the Conference ID Number, which is 56464044. Approximately one hour following the live broadcast, the company will provide a dial-in replay that will continue to be available through August 13, 2008. To listen to the teleconference replay, call 800-642-1687 (U.S./Canada) or 706-645-9291 (International). You will be required to provide the Conference ID Number, which is 56464044.

About ON Semiconductor

With its global logistics network and strong product portfolio, ON Semiconductor (NASDAQ: ONNN) is a preferred supplier of high performance energy efficient silicon solutions to customers in the power supply, automotive, communication, computer, consumer, medical, industrial, mobile phone, and military/aerospace markets. The company’s broad portfolio includes power, signal management, analog, DSP, advance logic, clock management and standard component devices. Global corporate headquarters are located in Phoenix, Arizona. The company operates a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe, and the Asia Pacific regions. For more information, visit www.onsemi.com.

ATHERSYS INCORPORATED (NASDAQ: ATHX)
"Up 40.23% on Thursday"

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

Athersys is a biopharmaceutical company engaged in the discovery and development of therapeutic product candidates designed to extend and enhance the quality of human life. The company's lead product candidate, ATHX-105, is an oral, selective 5HT2c receptor agonist in clinical development for the treatment of obesity. The company is developing other orally active pharmaceutical product candidates for the treatment of metabolic and central nervous system disorders, utilizing proprietary technologies, including Random Activation of Gene Expression (RAGE). Athersys is developing MultiStem®, a patented, adult-derived "off-the-shelf" stem cell product platform for multiple disease indications, including damage caused by myocardial infarction, bone marrow transplantation/oncology support, ischemic stroke and other indications.

ATHX News:

July 16 - Athersys to Host Second Quarter 2008 Financial Results Call

Athersys, Inc. (NASDAQ: ATHX) announced it will release its second quarter 2008 financial results at approximately 4:00 PM (Eastern Time) on Wednesday, August 6, 2008, and host a conference call shortly thereafter at 4:30 PM (Eastern Time) to review the results. Gil Van Bokkelen, Chairman and Chief Executive Officer, and William (B.J.) Lehmann, President and Chief Operating Officer, will host the call.
Investors and other interested parties are invited to listen to the conference call by dialing 800-273-1254 in the U.S. and Canada, 706-679-8592 from abroad, or via a live Internet broadcast on the company's website at www.athersys.com, under the Investor Relations section.

A replay will be available for on-demand listening shortly after the completion of the call until 11:59 PM (Eastern Time) on August 20, 2008, at the aforementioned URL, or by dialing 800-642-1687 in the U.S. and Canada, or 706-645-9291 from abroad, and entering access code 56419772.

RIT TECHNOLOGIES LIMITED (NASDAQ: RITT)
"Up 26.19% on Thursday"

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

RiT Technologies, Ltd. develops intelligent physical layer management solutions. Its products include PatchView, an intelligent infrastructure management solution that provides real-time connectivity information to the data network's connectivity infrastructure; SMART Cabling System, a structured cabling system for commercial buildings; and PairView, an outside plant management and qualification system, which enables telephone companies to identify, record, and test the connectivity routing of local loop pairs and updating the telephone companies' database. The company also offers PairQ, a digital subscriber line (DSL) mass loop qualification product line that qualifies existing copper infrastructure for the provision of DSL services; and PairView Pro, a local loop mass verification system, which identifies and maps various digital services carried on a line. RiT Technologies markets its solutions primarily through distributors, strategic alliance partners, value-added resellers, system integrators, original equipment manufacturers, and installers. The company serves customers in the United States, Europe, Israel, Latin America, the Asia Pacific, and Africa. It has strategic partnerships with Panduit Corporation, LS Cables, Connectix, Brand-Rex, Belden/CDT, and ADC for the sale of its PatchView system. The company was founded in 1989 and is headquartered in Tel Aviv, Israel.

RITT News:

July 17 - RiT Receives Orders Totaling Several Million Dollars From Two Major Carriers

Kazakhstan's National Carrier Chooses RiT/3M as Part of Nationwide Project to Modernize and Digitalize its Local Loop

RiT Delivers Repeat Order to Leading East European Telco

RiT Technologies (NASDAQ: RITT), the world-leading provider of intelligent infrastructure solutions, today announced that it has received orders totaling several million dollars from its distributor 3M (NYSE: MMM) on behalf of JSC Kazakhtelecom, Kazakhstan's national carrier, and an Eastern European national telecommunications service provider.

The Kazakhtelecom order was made after the successful completion of an extensive competitive tender process, during which the Company and 3M jointly proposed an advanced nationwide telecommunications infrastructure solution. Kazakhtelecom will be deploying RiT's state-of-the-art PairView#(TM) (PairView Sharp) local loop verification and operations support solution in conjunction with its PairQ(TM) xDSL mass-qualification solution.

As part of the deployment process, the Company will be localizing its Carrier software and documentation to the Russian language, an effort that will enhance RiT's ability to market in the Commonwealth of Independent States (CIS).

Commenting on the news Mr. A. Popov, Technical director of Almatytelecom, the largest branch of JSC Kazakhtelecom, said, "RiT manufactures unique, first class products which will allow us to considerably reduce the quantity of personnel required to carry out our ongoing inventory accounting and management initiatives. The equipment will allow us to automate the preparation and execution of many processes, enabling us to accelerate the completion of our large-scale, national infrastructure and network modernization projects."

The other leading East European telecommunications service provider has been using RiT's PairView Pro systems for the past two years, and is now adding PairView# as part of its strategy for rolling out Next Generation 'Triple Play' services.

Initial deliveries of the equipment were completed during the second quarter, while the majority of the equipment is scheduled to be delivered during the third quarter.

Mr. F. Huber, MD of 3M East AG, commented, "Our cooperation with RiT has enabled us to offer an extremely compelling solution to both Kazakhtelecom and another leading carrier, both of which are leading players in the telecommunications revolution currently underway throughout the CIS. By combining RiT's advanced mapping and monitoring solutions with our product platform, we are able to bring a new level of visibility to the last-mile network, giving operators the tools they need to achieve efficiency in physical plant planning and deployment."

"We are very pleased to report these important sales, both of which demonstrate the success of our sales and support organizations in the CIS and Eastern Europe," added Mr. Avi Kovarsky, RiT's President & CEO. "Our success reflects the strength of our cooperation with 3M, which has enabled us to propose a uniquely comprehensive, field-proven solution. Looking forward, given our expanded regional references and newly localized products, we feel particularly well positioned to continue building our business throughout these dynamic regions."

ABOUT 3M COMPANY

A recognized leader in research and development, 3M produces thousands of innovative products for dozens of diverse markets. 3M's core strength is applying its more than 40 distinct technology platforms - often in combination - to a wide array of customer needs. With $24 billion in sales, 3M employs 75,000 people worldwide and has operations in more than 60 countries. For more information, visit www.3M.com.

ABOUT JSC KAZAKHTELECOM

JSC Kazakhtelecom is the national telecommunication operator of Kazakhstan and one of the fastest developing telecommunication companies in the Former Soviet Union region. The company currently serves approximately three million subscribers, and is engaged in an extensive project to expand network coverage while modernizing and digitalizing its infrastructure. As a result of its accomplishments, the company was named "Best Telecommunications Company in Central Asia" by Euromoney Magazine in 2006.