TheSUBWAY.com Posts Stock Pick List: Boosting R&D With Global Experience!

Market Wire, May, 2006

TheSUBWAY.com names the following stocks to its Stock Pick List: eWAN1, Inc. (OTC: EWAN), Level 3 Communications, Inc. ( NASDAQ: LVLT), Openwave Systems (NASDAQ: OPWV), Cogent Systems (NASDAQ: COGT).

eWAN1, Inc. (OTC: EWAN) has appointed Craig S. Erickson as the company's new Director of Technology. Mr. Erickson joins eWAN from Nyko Technologies, Inc., where he has served as that company's Director of Research & Development & Product Development for the past five years.

Prior to his tenure at Nyko, Erickson served as Director of Research & Development for global game developer, Namco Hometek, as well as in a number of executive positions within other leading consumer electronic and game platform manufacturers, such as Sega of North America as Director of Technical Systems & Software Development and was responsible for founding Sega's Midwest Development Division, and Atari Corporation as Vice President of Software Development, producing in excess of 50 titles for the Atari Lynx(TM) game system while managing all worldwide software planning, acquisition and contracting.

Other stocks highlighted include Level 3 Communications, Inc. (NASDAQ: LVLT): Stock Pick List, up 1% on 21 million shares, Openwave Systems (NASDAQ: OPWV): Stock Pick List, down 9% on 13 million shares, Cogent Systems (NASDAQ: COGT): Stock Pick List, down 10% on 5 million shares.

"Stocks have been hard-pressed to pick a direction in trading lately, going on a tear for a few days, only to see those gains wane in the next several sessions. The Dow Jones Industrial Average is, in fact, hovering very close to the level it was at when the Federal Reserve began raising rates a year ago." More is available at: http://www.thesubway.com .

TheSUBWAY.com's Daily Stock Updates:

TheSUBWAY.com, a leader in corporate communications and finance, highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed. For more go to http://www.thesubway.com .

All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.thesubway.com or mentioned herein. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. CRG has been compensated one million five hundred thousand shares for EWAN. CRG has received two million shares in past compensation and those shares have been sold to date. CRG intends to sell its shares. CRG has sold approximately four hundred thousand EWAN shares to date. CRG may sell its shares for less than the target price given in this opinion. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

Chuck Tamburello Phone: 954-217-8555 Fax: 954-217-1500


 

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