CybeRelease: Market Advisors Initiates Coverage on (OTC: TXXN) - Short Term Price at $0.34
(CybeRelease, August 28, 2006) - Lake Harmony, PA - Texxon Inc. (OTC BB: TXXN), through its wholly owned subsidiary, TelePlus Group, a pioneer in the field of international telecommunications, today announced it has received coverage from Market Advisors with a Short Term Price of $0.34.
Jeff Helleberg confirms a positive outlook on TXXN based on his analysis of TelePlus’ products being developed, which will allow their customers to increase global business over the Internet and the telephone, additional acquisitions the company is working on, which will offer operational synergies and help reduce operational expenses, and the fact that the global market for speech processing, the growing industry TelePlus targeted with its emerging technologies, topped the $3.5 billion dollar mark in 2005.
“The Company’s goals are to expand its wireless product and life management services throughout the world by adding new related services and content. Strategic corporate relationships with other companies offer exciting new revenue opportunities and provide the basis for the company’s infrastructure. This greatly enhances opportunities for US companies doing business in all sectors, thereby raising the standard of living at home and abroad,” Helleberg stated, in the report.
Helleberg added, “Joint ventures will allow Texxon, Inc. to achieve its goals for rapid growth. In addition to reducing the financial requirements of expansion, market risk is significantly lessened by working with partners who already know their territory. In our opinion, the company has very specific goals in their business plan and has a very motivated management team in place to accomplish them in a timely manner.”
To read the complete release, go to http://www.CybeRelease.com/txxn83006.htm
CybeRelease Gainers are Nuance Communications, Inc. (Nasdaq: NUAN), Lam Research Corporation (Nasdaq: LRCX), Merge Technologies Inc. (Nasdaq: MRGE), Novavax, Inc. (Nasdaq: NVAX), Regeneration Technologies, Inc. (Nasdaq: RTIX), Energy Conversion Devices, Inc. (Nasdaq: ENER), Smith Micro Software, Inc. (Nasdaq: SMSI) and Rambus, Inc. (Nasdaq: RMBS).
CybeRelease Decliners are Costco Wholesale Corporation (Nasdaq: COST), ADC Telecommunications, Inc. (Nasdaq: ADCT), VA Software Corporation (Nasdaq: ), Bookham, Inc. (Nasdaq: BKHM), THQ Inc. (Nasdaq: THQI), Travelzoo Inc. (Nasdaq: TZOO), NutriSystem Inc. (Nasdaq: NTRI) and United Natural Foods, Inc. (Nasdaq: UNFI).
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