Market Advisors Initiates Coverage on (OTCBB: TXXN) -- Short Term Price at $0.34 8/31/2006
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.
LAKE HARMONY, PA, Aug 31, 2006 (MARKET WIRE via COMTEX News Network) -- Texxon Inc. (OTCBB: TXXN), through its wholly owned subsidiary, TelePlus Group, a pioneer in the field of international telecommunications, today announced it has received coverage from Market Advisors with a Short Term Price of $0.34.
Jeff Helleberg confirms a positive outlook on TXXN, based on his analysis of TelePlus' products being developed, which will allow their customers to increase global business over the Internet and the telephone, additional acquisitions the company is working on, which will offer operational synergies and help reduce operational expenses, and the fact that the global market for speech processing, the growing industry TelePlus targeted with its emerging technologies, topped the $3.5 billion mark in 2005.
Other active stocks are American Eagle Outfitters, Inc. (NASDAQ: AEOS), LTX Corporation (NASDAQ: LTXX) and Olympic Steel, Inc. (NASDAQ: ZEUS).
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