Published:
Stock Alert: Emerging Public Company Anticipates Fast Growth for Its Retail RFID Business! August 15, 2006

Wall Street News Alert's "stocks to watch" this
morning are: AbsoluteSKY, Inc. (PINKSHEETS: ABSY), Cisco Systems®
(NASDAQ: CSCO), Oracle Corp. (NASDAQ: ORCL) and Atmel Corporation (NASDAQ: ATML).
AbsoluteSKY, Inc. (PINKSHEETS: ABSY) should have the attention of
aggressive investors and day traders this morning! Yesterday after the
stock markets closed, the company, developer of RFID-based inventory
tracking systems for specialty retail, issued a press release providing
additional details on its business targets for the next 18 months.
News of the company's high expectations should get the attention of
investors! According to the press release, buoyed by strong reaction to its
intelliTRACKER(TM) product suite, positive channel feedback and continued
overall market growth, the Company is projecting initial installations of
its product suite with four national retailers within the next few months.
Revenues of $25M, with a booking backlog of $60M, are in the Company's
forecast for 2007.
Continue to watch this company! "Momentum is clearly increasing around our
intelliTRACKER(TM) product suite and through our powerful channel programs,
with Fujitsu Transaction Solutions and Universal Surveillance Systems,
we're rapidly preparing for product roll-out," said John Frabasile,
President and CEO, and a 25-year veteran in the retail technology field.
"RFID is becoming one of retail's truly rare transforming technologies and
the intelliTRACKER(TM) suite delivers Item-Level Inventory Tracking to
specialty retailers now, placing us several years ahead of the market."
Wall Street News Alert is continuing to place Aggressive Investors on alert
to monitor the progress of AbsoluteSKY! Professional research firms are
projecting continued double-digit growth for retail RFID, with global
spending rising to $3 billion by 2010 -- a six-fold increase from 2005.
Other researchers post even more aggressive figures, estimating the size of
the RFID market in North America alone to be $2.7 billion, and $6.1 billion
worldwide!
AbsoluteSKY's intelliTRACKER(TM) product suite ties together multiple
technologies to provide retailers with real-time item-level inventory
tracking. Its extensive benefits include the ability to increase inventory
turns, virtually eliminate missed sales and gain extensive real-time
control over loss prevention. Industry specialists have been broadly
impressed by the fact that intelliTRACKER(TM) delivers measurable benefits
and clear ROIs to the specialty retailer, as well as the ability to
meaningfully and fundamentally improve day-to-day operations.
Prior to the latest press release, the stock closed yesterday at Eighty
cents a share.
For an in-depth profile of AbsoluteSKY, visit
http://www.thenewssvc.com/ABSY081406.html
To view all of Wall Street News Alert's special early morning trading
alerts for this morning, visit www.WallStreetNewsAlert.com, where you may
also sign up to receive free email alerts in advance of our press releases
being issued.
In case you are not familiar with the company: AbsoluteSKY, Inc.
specializes in the design, development and implementation of Radio
Frequency IDentification (RFID) technology that provides real-time
item-level inventory tracking for retail customers. Based in Montreal,
Canada, the Company's business model combines strategic, creative and
technical skills to deliver solutions that help its clients achieve their
business objectives through the use of AbsoluteSKY's breakthrough
technology and extensive knowledge of their business operations.
Cisco Systems® (NASDAQ: CSCO) up 2.8% on 63.8 million shares traded.
Cisco Systems, Inc. is one of the leaders in networking for the Internet.
Oracle Corp. (NASDAQ: ORCL) up 2% on 36.3 million shares traded.
Oracle is the world's largest enterprise software company.
Atmel Corporation (NASDAQ: ATML) up 0.7% on 6.6 million shares traded.
Atmel is a worldwide leader in the design and manufacture of
microcontrollers, advanced logic, mixed-signal, nonvolatile memory and
radio frequency (RF) components.
Market Commentary:
"The Labor Department reports Tuesday on producer price trends in July
followed by an update on consumer prices on Wednesday. Both reports,
especially the latter, are key inflation figures markets watched by the
Federal Reserve," stated Sonja Rudd in Wall Street News Alert's daily
commentary continued at: http://www.WallStreetNewsAlert.com.
Let Wall Street News Alert help advertise for your company using our
effective awareness campaigns. If you're Interested in telling your story,
we can help. Contact us at info@wallstreetnewsalert.com
WSNA's email alert service is free to those investors who sign up on the
WSNA home page. The alert service is designed to notify investors of
undervalued and often overlooked stocks. Subscribers are introduced to
Special Situation companies that have the potential of showing increased
activity. The Wall Street News Alert home page has experienced over 50
million hits. To subscribe to this free service, visit the Wall Street News
Alert home page at http://www.wallstreetnewsalert.com and select the "join
now" button.
WSNA is a Platinum Sponsor of Quality Stocks. Quality Stocks tracks the
stock picks of 150 Investment Newsletters every day and reports on their
performance. For their free service, visit www.qualitystocks.net.
*** It has come to the attention of Wall Street News Alert (WSNA), that
various persons or companies distribute faxes bearing similar names to Wall
Street News Alert. Wall Street News Alert is not affiliated with faxes
bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert,
Wall Street News Alert or any other fax using various combinations of the
generic words Wall Street.***
Wall Street News Alert is a division of Wall Street Capital Funding LLC
(WSCF). WSCF is not a registered broker/dealer and may not sell, offer to
sell or offer to buy any security. WSCF profiles are not a solicitation or
recommendation to buy, sell or hold securities. An offer to buy or sell can
be made only with accompanying disclosure documents from the company
offering or selling securities and only in the states and provinces for
which they are approved. The material in this release is intended to be
strictly informational. The companies that are discussed in this release
have not approved the statements made in this release nor approved the
timing of this release. All statements and expressions are the sole
opinion of WSCF and are subject to change without notice. Information in
this release is derived from a variety of sources including that company's
publicly disseminated information, third parties and WSCF research. The
accuracy or completeness of the information is not warranted and is only as
reliable as the sources from which it was obtained. WSCF disclaims any and
all liability as to the completeness or accuracy of the information
contained and any omissions of material fact in this release. The release
may contain technical inaccuracies or typographical errors. It is strongly
recommended that any purchase or sale decision be discussed with a
financial adviser, or a broker-dealer, or a member of any financial
regulatory bodies. Investment in the securities of the companies discussed
in this release is highly speculative and carries a high degree of risk.
WSCF is not liable for any investment decisions by its readers or
subscribers. Investors are cautioned that they may lose all or a portion of
their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been
compensated for dissemination of company information on behalf of one or
more of the companies mentioned in this release. (WSCF has been compensated
Fifteen Thousand Dollars for coverage of AbsoluteSKY, Inc. (PINKSHEETS: ABSY), by a third party (The Bentley Group LLC), who is non-affiliated and
may hold a significant position in the stock, for services provided
including dissemination of company information in this release.) WSCF holds
no shares of the stock. WSCF may receive additional compensation for
extension of its services. Any additional compensation will be disclosed at
such time that WSCF is aware of a client's desire to extend the original
services. WSCF may have received shares of a company profiled in this
release prior to the dissemination of the information in this release. WSCF
may immediately sell some or any shares in a profiled company held by WSCF
and may have previously sold shares in a profiled company held by WSCF.
WSCF's services for a company may cause the company's stock price to
increase, in which event WSCF would make a profit when it sells its stock
in a company. In addition, WSCF's selling of a company's stock may have a
negative effect on the market price of the stock.
This release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such forward-looking
statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
generally preceded by words such as "may," "future," "plan" or "planned,"
"will" or "should," "expected," "anticipates," "draft," "eventually" or
"projected." You are cautioned that such statements are subject to a
multitude of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results may
differ materially from those projected in the forward-looking statements as
a result of various factors, and other risks identified in a company's
annual report on Form 10-K or 10-KSB and other filings made by such company
with the Securities and Exchange Commission. You should consider these
factors in evaluating the forward-looking statements included herein, and
not place undue reliance on such statements. The forward-looking statements
in this release are made as of the date hereof and WSCF undertakes no
obligation to update such statements.
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,FinancialServices:InvestmentOpinion, ,NASDAQ01,INTHPINK,INTHPINK,NASDAQ01,INTHPINK,NASDAQ01,NASDAQ01,NASDAQ01,INTHPINK,FL,WESTON, FL
_ _Is your favorite bookmark site missing?
Ask for it.