Cyber Defense Gets Increased Marketing Rights to Revolutionary Airships

From: GroupWeb EmailWire.Com
Published: Wed Apr 27 2005


Lake Harmony, PA - Cyber Defense Systems, Inc. (Nasdaq: CYDF) announced on April 24 that it has completed a joint venture agreement with Techsphere Systems International, LLC.– the manufacturer of the mid and high-altitude airships of which Cyber Defense owns certain marketing rights–that resulted in the formation of Airship Leasing Co., LLC ("ALC") that plans to purchase four non-remote (manned) mid-altitude airships from Techsphere for commercial resale and advertising sales. For more information, go to www.vlcn.com/cydf42705.htm

Other active stocks today are:

Novatel Wireless Inc (Nasdaq: NVTL) beat First Call estimates by 2 cents and is trading higher before the open.

XM Satellite Radio Holdings Inc (Nasdaq: XMSR) is up in early trading on increased subscriptions for their services.

AudioCodes Ltd (Nasdaq: AUDC) First Albany reiterates a Buy rating on the stock with a price target of $13.

LCA Vision Inc (Nasdaq: LCAV) is trading higher after beating estimates by 13 cents.

Websense Inc (Nasdaq: WBSN) gets upgraded at William Blair from Market Perform to Outperform.

MOD-PAC Corp (Nasdaq: MPAC) reports a 40% increase in revenue and is trading higher.

Itron Inc (Nasdaq: ITRI) beat First Call estimates by 11 cents and is upgraded at RBC Capital to an Outperform rating from a Sector Perform rating.

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. The Company has hired and paid $595.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity and no representation.

Contact:
C.P. Barry
Company: http://www.TheNewsWire.com
Phone: 1.888.478.7669
Source: www.TheNewsWire.com

This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to http://www.emailwire.com.
Company: GroupWeb EmailWire.Com

Visit website »