Deer Valley Corp. Rated "Outperform," Target Price $3.05 by Beacon Equity Research

Business Wire, Nov 14, 2006

DALLAS -- Deer Valley Corp. (OTCBB:DVLY) has been rated "Outperform" with a target price of $3.05 by Beacon Equity Senior Research Analyst, Kris Goldcross, CFA.

The full report is available at http://www.BeaconEquityResearch.com.

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In the report Mr. Goldcross writes, "The main objective of the Company is to deliver affordable, energy efficient homes of the highest quality, with great aesthetic appeal. The Company engages in the production, sale and marketing of manufactured homes in the South Eastern and South Central United States. The Company sells these homes through a broad network of approximately 80 independent dealers operating 113 retail centers spread over 13 states."

"During the second quarter of 2006, the Company generated revenues of $18.95 million, a 47% increase over the revenues recorded in the previous quarter. Net income for the reported quarter was an impressive $0.98 million, on sales just shy of $19 million. This represents a 113% rise over the net income of $0.46 million recorded earlier. The net income has been bolstered by the increased production and sales of Deer Valley."

Beacon Equity Research Disclosure

The analysts contributing to this report do not hold any shares of Deer Valley Corp. (DVLY). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon has directly been compensated six thousand dollars by a third party for enrollment in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.