SportsNuts, Inc., Enters Into Letter of Intent to Acquire Sports Marketing and Advisory Firm

Lake Harmony, PA -- SportsNuts, Inc., (Nasdaq: SPCI), a sports management and marketing company, announced today that it has entered into a Letter of Intent ("LOI") with Cavnar Sports to acquire Sports Solutions International, Inc. ("SSI"), which provides strategic, financial, marketing, legal, technological and operational consulting to athletes and sports manufacturing and distribution companies. SportsNuts expects to complete the acquisition within 30 days. For the complete story, go to http://www.vlcn.com/spci52405.htm

TheNewsWire Top 15 Nasdaq Gainers today are:

Psivida Ltd (Nasdaq: PSDV), Phazar Corp (Nasdaq: ANTP), GoAmerica Inc (Nasdaq: GOAM), MetaLink Ltd (Nasdaq: MTLK), GTC Biotherapeutics Inc (Nasdaq: GTCB), 8X8 Inc (Nasdaq: EGHT), Velocity Express Corp (Nasdaq: VEXP), Anadigics Inc (Nasdaq: ANAD), Vnus Medical Technologies Inc (Nasdaq: VNUS), Repligen Corp (Nasdaq: RGEN), Star Scientific Inc (Nasdaq: STSI), Bell Microproducts Inc (Nasdaq: BELM), PSI Technologies Holdings (Nasdaq: PSIT), Sun Hydraulics Corp (Nasdaq: SNHY) and Edgar Online Inc (Nasdaq: EDGR).

TheNewsWire Top 15 Nasdaq Losers today are:

Boston Communications Group (Nasdaq: BCGI), Able Laboratories Inc (Nasdaq: ABRX), Zoltek Cos Inc (Nasdaq: ZOLTE), Multiband Corp (Nasdaq: MBND), Exide Technologies (Nasdaq: XIDE), Evergreen Solar Inc (Nasdaq: ESLR), Intervoice
Inc (Nasdaq: INTV), Cholestech Corp (Nasdaq: CTEC), Delcath Systems Inc
(Nasdaq: DCTH), Align Technology Inc (Nasdaq: ALGN), Ziprealty Inc (Nasdaq:
ZIPR), Multi-Fineline Electronix Inc (Nasdaq: MFLX), Dura Sutomotive Systems
Corp (Nasdaq: DRRA), Arbinet-TheExchange Inc (Nasdaq: ARBX) and On Track
Innovation Ltd (Nasdaq: INTV)

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Source: TheNewsWire.com

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