Growth Report Releases Research Report On SONICblue

Market Wire, 20050229

Growth Report, an independent investment newsletter, today announced the release of a Special Situation Research Report on SONICblue (NASDAQ: SBLU), a California-based consumer electronics company. Growth Report has reiterated a BUY rating with a target price of $5.50 per share for SONICblue.

Growth Report initiated coverage of SONICblue on November 7th, 2001 at trading price of $1.30 for SBLU with a target price of $3.00.

SONICblue is one of the most intriguing companies in the consumer electronics industry. It is the fore-runner in the digital video recorder technology and first to market with certain innovative features, which has been estimated to be poised for explosive growth over the next three years.

"Growth Report is confident that the market and consumers are beginning to understand the attractiveness of DVR technology, and this growing interest will be reflected in a continued interest in the stock," said Doug Ramshaw, Editor of Growth Report.

Growth Report is an Internet-based financial newsletter focused on researching and distributing information about the stock market. Growth Report has initiated coverage on numerous NASDAQ and NYSE-listed companies, including: E.Piphany (NASDAQ: EPNY), Hemosol, eSpeed (NASDAQ: ESPD), Angiotech, CECO Environmental, Terayon Communications (NASDAQ: TERN) and NeoTherapeutics.

Growth Report can be viewed at www.growthreport.com Users can subscribe to the newsletter free of charge by visiting the web site and submitting an e-mail address.

Growth Report, LLC, is neither a registered investment advisor nor a broker/dealer. Readers are advised that this electronic publication is issued solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. Please refer to our web site at www.growthreport.com for the full disclaimer.