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

From: GroupWeb EmailWire.Com
Published: Mon May 23 2005

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

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
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(Nasdaq: DCTH), Align Technology Inc (Nasdaq: ALGN), Ziprealty Inc (Nasdaq:
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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. A Third Party has hired and paid $395.00 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.

C.P. Barry
Phone: 1.888.478.7669

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