posted
This could be a good one to jump on....Stock has been riding near 52 week lows and is heading into a nice paying contract this month and continuing into July.....Ive been holding this one for the past couple weeks....I got in at .05
Press Release Source: Cyberhand Technologies International, Inc.
Cyberhands Technologies International, Inc. Receives Strong Upgrade by Respected Research Firm Wednesday February 8, 10:51 am ET
CALGARY, Alberta--(BUSINESS WIRE)--Feb. 8, 2006--Cyberhand Technologies International, Inc., (OTC CYHD: PK) is pleased to announce a well-respected firm TSC, has upgraded their equity rating on CYHD. This strong upgrade comes at a time when the company has received a purchase order commitment from Brockton Capital Group valued at $600,000 and increasing in July 2006 to $2,000,000 per month. ADVERTISEMENT
TSC is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media.
Mike Burke, President of Cyberhand Technologies International, Inc. states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This provides further confirmation to our shareholders that our company is headed in the right direction". Ms. Burke further stated, "We anticipate 2006 to be a record year for our company. In September of 2005 we received an initial purchase order commitment from Brockton Capital Group. This commitment has an initial order valued at $600,000 and increasing to $2,000,000 per month in July 2006. In addition, we have signed a U.S. Distribution Contract with Connection Devices and presently exploring a relationship with a distributor for Mexico. We anticipate locking in the Mexican channel marketer in the fourth quarter of this year."
About Cyberhand Technologies International, Inc.
Cyberhand Technologies International, Inc. is a leading computer peripheral design company specializing in innovative wireless ergonomic products for private and military purposes. The company designs, manufactures, markets and sells leading edge consumer electronics devices that feature innovative ergonomic designs, advanced software development and technologies that are far superior to other products in the market.
This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.
Contact: Cyberhand Technologies International, Inc. Investor Relations Christopher Todd, 888/514-6755 or Corporate Information Brad Kitchen, 604/737-1015 Brad.Kitchen*cyberhand.com
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