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redhotpennystock.com: WWAT, CRYO, ONGO, SCON, SSTR "Bull in Advantage report"(M2 PressWIRE Via Thomson Dialog NewsEdge) RDATE:29082007 Bull in Advantage, LLC a.k.a. Redhotpennystock.com names WorldWater & Solar Technologies Corp. (OTCBB: WWAT), CryoCor, Inc. (NASD: CRYO), On The Go Technologies Group (OTCBB: ONGO), Superconductor Technologies Inc. (STI) (Nasdaq: SCON) and Silverstar Holdings, Ltd. (Nasdaq: SSTR) its "Red Hot Penny Stock." Visit our site at either http://bullinadvantage.com/ or http://redhotpennystock.com/ to sign up for our free ahead of the curve newsletter! WorldWater & Solar Technologies Corp. (OTCBB: WWAT - http://finance.yahoo.com/q?s=WWAT.ob) August 29th, 2007-- WorldWater & Solar Technologies Corp. (OTC BB: WWAT.OB) (formerly WorldWater & Power Corp.), developer and marketer of proprietary high-power solar systems, announced today it will build a photovoltaic system up to 1.2 Megawatts to provide electricity and water pumping power for the Valley Center Municipal Water District (VCMWD) of Valley Center, California. The system will be owned by Solar Power Partners of Mill Valley, California, which will operate it for VCMWD under a 20-year Power Purchase Agreement (PPA). The actual size of the system will be determined by the results of environmental and site engineering work. The system will use WorldWater's proprietary AquaMax(TM) drives to provide pumping power for drinking water and irrigation. VCMWD is the second largest water provider in San Diego County behind the City of San Diego. Gary Arant, General Manager of VCMWD, commented, "Our Board's vote for this project was enthusiastic and unanimous. Throughout the process, all involved recognized the importance of securing clean, reliable, cost effective electric energy to meet our commitment to our customers and community. With this in mind, WorldWater, VCMWD's staff and Solar Partners worked very hard to bring this project to this point in the process. We are very excited and anxious to keep the project moving forward and bring it on-line as soon as possible." In 2006, WorldWater worked with VCMWD's Board of Directors on a project feasibility study and later procured rebates on their behalf from the California Public Utility Commission through the California Solar Initiative Program. WorldWater will engineer, supply and construct the system, and will maintain it for Solar Power Partners. The planned site is near VCMWD's Betsworth pumping station in Valley Center. Pending environmental study approvals and final engineering, construction will start this year with completion scheduled for May 2008. Quentin T. Kelly, Chairman and CEO of WorldWater, said, "We were selected largely because of our patented AquaMax(TM) technology which has proven itself highly effective in water utility operation. It's the only system that seamlessly switches back and forth from solar power to the grid or uses solar power alone for the multifaceted and critical pumping needs of a water district when the grid goes down." Craig Hunt, Co-Founder and CEO of Solar Power Partners, said, "SPP is greatly pleased to have the Valley Center Municipal Water District as our PPA customer, and to be working closely with WorldWater to develop this exciting project." Aquamax(TM) is the unique solar technology capable of powering electric pumps up to 1,000 horsepower and operates automatically in combination with grid, battery and diesel power. The system operates unattended and protects customers from paying peak grid rates during sunny periods. WorldWater is designated as a preferred solar supplier by the Association of California Water Agencies (ACWA). Solar Power Partners, Inc. (SPP(TM)) is a developer, owner, and manager of mid-size commercial solar energy facilities, built and operated to provide solar-generated electric power for commercial, educational, public sector, industrial and agricultural customers. SPP(TM) provides an innovative turnkey service that bundles development, financing and on-going operations tailored to meet customers' specific needs, though the use of Power Purchase Agreement financing. California's State Legislature authorized the Valley Central Municipal Water District in 1911. The District serves residential, commercial and agricultural customers in northern San Diego County and covers over a 100 square mile with nearly 300 miles of water lines. About WorldWater & Solar Technologies Corp: WorldWater & Solar Technologies Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's electricity and water supply problems. For more information about WorldWater & Solar Technologies Corp., visit the website at www.worldwater.com. CryoCor, Inc. (NASD: CRYO - http://finance.yahoo.com/q?s=CRYO) August 27th, 2007-- CryoCor, Inc. (NASD: CRYO), a medical device company focused on the treatment of cardiac arrhythmias, announced recently the completion of enrollment of its pivotal clinical study for the treatment of atrial fibrillation. Ed Brennan, Ph.D. Chief Executive Officer of CryoCor, said, 'This is a major milestone for CryoCor, being the first company to complete enrollment in a randomized pivotal study for the use of ablation for the treatment of atrial fibrillation. Completion of enrollment confirms our lead over other companies conducting atrial fibrillation ablation pivotal trials and brings us one step closer to our goal of bringing our product to market for the treatment of atrial fibrillation. With the recent approval of our cryoablation system for the treatment of right atrial flutter, in the fourth quarter, we will begin placing our system at high volume ablation centers across the U.S., familiarizing physicians with our system and establishing our installed base of consoles in anticipation of approval for the treatment of atrial fibrillation in 2009.' Helen Barold, M.D. Chief Medical Officer of CryoCor, said, 'I am very pleased with the progress we have made with this study and look forward to fully analyzing the data. We continue to see an excellent safety profile for our cryoablation device and expect to file a PMA in late 2008. At this point we will begin our non-randomized continued access protocol in which patients will be enrolled into the ablation arm.' About CRYO: CryoCor is a medical technology company that has developed and manufactures a disposable catheter system based on its proprietary cryoablation technology for the minimally invasive treatment of cardiac arrhythmias. The Company's product, the CryoCor Cardiac Cryoablation System, or the Cryoablation System, is designed to treat cardiac arrhythmias through the use of cryoenergy, or extreme cold, to destroy targeted cardiac tissue. The Cryoablation System has been approved in Europe for the treatment of atrial fibrillation, and atrial flutter, the two most common and difficult to treat arrhythmias, since 2002. In the United States, CryoCor is conducting a pivotal trial to evaluate the safety and efficacy of the Cryoablation System for the treatment of atrial fibrillation and the Cryoablation System has been approved for the treatment of right atrial flutter. For more information please visit the Company's website at http://www.cryocor.com On The Go Technologies Group (OTCBB: ONGO - http://finance.yahoo.com/q?s=ONGO.ob) August 29th, 2007-- On The Go Technologies Group (OTC Bulletin Board: ONGO; 'OTG' 'the Company'), a leading multi- industry computer hardware, software and systems integrator, announced today that the Company has completed paying in full a $500,000 Secured Convertible Note to New York-based Laurus Master Fund, Ltd 10-1/2 months in advance of the Note's due date, July 2008. Inclusive of this Note, On The Go has effectively eliminated payments on $3.39M of outside debt in the past 6 month period, and all in advance of each respective due and/or conversion date. On July 14, 2005, On The Go entered into a convertible financing facility with Laurus Master Fund, Ltd., involving a $500,000 Secured Convertible Note due to terminate July 14, 2008. Pursuant to the terms of the Note, the Company made monthly payments plus interest commencing August 1, 2005. CEO Stuart Turk commented, "The elimination of this Note brings the Company that much closer to our goal of profitability. We continue to focus on streamlining our efforts in all areas of our operations while increasing sales and gross profit margins, as well as identifying new product offerings and strategic growth opportunities. Our 2008 year is off to a strong start." About On The Go Technologies Group On The Go Technologies Group is a North American corporation focused on acquiring versatile and profitable companies in the IT sector. OTG and its divisions: OTG Enterprise, catering to Fortune 1000 and SME clientele and vendors such as HP, Apple, IBM, Viatronix, Extreme Networks and Adobe; OTG Digital Media & OTG Creative, prominent systems integrators in the U.S. and Canadian digital entertainment industry; OTG Healthcare, compiling digital solutions and networks for the diagnostic medical community; OTG Research, providing solutions to the education, funding and research communities; and in-house multimedia studio Go Motion + Design, have established themselves as a respected and sought after industry competitors. The Company's intention is to maintain sustained growth in the years to come via continued organic development in its existing divisions and an aggressive acquisition schedule. For more information, visit http://www.otgtech.com or http://www.otgtech.com/video. To view a company profile, visit http://www.otgtech.com/pp.pdf . To be added to On The Go Technologies Group's e-mail list for company news, visit http://www.otgtech.com/new_site/inv_pkg_form.htm . Superconductor Technologies Inc. (STI) (Nasdaq: SCON - http://finance.yahoo.com/q?s=SCON) August 27th 2007-- Superconductor Technologies Inc. (STI) (Nasdaq:SCON), a leading provider of high performance infrastructure products for wireless voice and data applications, announced it is in negotiation to form a joint venture with Hunchun BaoLi Communication Co. Ltd. (BAOLI), which manufactures push-to-talk (PTT) handsets and the associated battery technology for the China market. The proposed joint venture would focus primarily on the manufacturing and marketing of STI's SuperLink interference elimination solution for the Chinese market. QiangHua Shao, president of BAOLI, stated, "STI is the world leader for interference elimination with its SuperLink(r) product, and we see significant opportunities for this solution in China and other Asian markets. By combining BAOLI's manufacturing and supply chain capabilities with STI's technology, we believe the proposed joint venture would be positioned for success in China, the country with the world's largest wireless network. Our goal is to form this joint venture by the end of 2007." "BAOLI is a well recognized and successful wireless communications solutions provider in China," said Jeff Quiram, STI's president and CEO. "BAOLI's reputation, market presence, and manufacturing capabilities make it an excellent potential partner to help STI build meaningful distribution in Asia. We will provide additional information on our progress as appropriate." STI, headquartered in Santa Barbara, CA, is a leading provider of high performance infrastructure products for wireless voice and data applications. STI's SuperLink(r) solution increases capacity utilization, lowers dropped and blocked calls, extends coverage, and enables faster wireless data rates. Its AmpLink(tm) solution enhances the performance of wireless base stations by improving receiver sensitivity and geographic coverage. Silverstar Holdings, Ltd. (Nasdaq: SSTR - http://finance.yahoo.com/q?s=SSTR) August 29th, 2007-- Silverstar Holdings, Ltd. (Nasdaq:SSTR) today reported preliminary estimated results for its fourth quarter ended June 30, 2007, subject to a final audit and filing of its annual report in Form 10-K. The company expects revenues for the fourth quarter to range between $11.5 million to $11.9 million, as compared to $467,000 in the fourth quarter of 2006. This falls within the range of previous guidance of $10.5 million to $12.5 million. EBITDA is estimated to range between $4.0 million and $4.4 million for the fourth quarter, or between $0.40 and $0.44 per diluted share, as compared to a negative EBITDA of $1.8 million or ($0.19) per diluted share a year ago. This exceeds previously issued EBITDA guidance of between $2.5 million and $3.8 million. Operating income is expected between $1.6 million and $1.9 million, or $0.15 to $0.18 per diluted share, as compared to a year-ago fourth quarter loss from continuing operations of $2.4 million or ($0.25) per share. This is near or exceeds the higher end of the company's earlier guidance for operating income of $0.4 million to $1.7 million. Per share calculations of the fourth quarter's results are based on an estimated 10.4 million diluted shares. Clive Kabatznik, CEO of Silverstar Holdings, said, "These preliminary results are extremely encouraging. The numbers reflect the contribution and progress made by Empire Interactive since we acquired them at the end of 2006. The fourth quarter numbers were bolstered by the release of 12 skus, and particularly the highly successful introduction of FlatOut Ultimate Carnage for the Xbox 360, which accounted for over 50% of the quarter's revenues. " Added Kabatznik, "As evidenced by the fourth quarter results, our business model generates significant operating leverage when we release high profile titles alongside our other releases. We look to maintain the momentum of our business model throughout fiscal 2008 by continuing to develop and publish high profile games like Jackass, Hello Kitty, Pipe Dreams, Disciples III and Ford Off Road Racing. Additionally, we shall apply the unique strengths of our European distribution channels and new North American sales force to monetize the value of our large back catalog and support the release of more than 50 exciting new titles in the next 12 months." Company management plans to hold a conference call in late September to discuss the fourth quarter and full year results, as well as its outlook for fiscal 2008, and will announce the details of the call about a week prior. About Silverstar Holdings: Silverstar Holdings, Ltd. is an international publisher and developer of interactive entertainment software. It currently owns Empire Interactive, PLC and Strategy First, Inc. Empire Interactive (www.empireinteractive.com) is a leading developer and publisher of interactive entertainment software games, including Starsky & Hutch, Big Mutha Truckers, Ford Racing and FlatOut. Empire's products are delivered on both console and PC platforms. Strategy First (www.strategyfirst.com) is a developer and worldwide publisher of entertainment software for the PC. For more information about Silverstar Holdings visit www.silverstarholdings.com Disclaimer: Visit http://www.redhotpennystock.com to read our full disclaimer and/or sign up for our exceptional newsletter! Bull in Advantage, LLC Legal Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. 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