007062009
WALLSTREET RESEARCH™ INITIATES PROFILE COVERAGE OF WAYTRONX, INC.’S SHARES AT WWW.WALLSTREETRESEARCH.ORG
TUALATIN, OR – July 6, 2009 – Waytronx, Inc. (OTC BB: WYNX), a leading provider of openly licensable advanced systems cooling solutions, announced today that WallStreet Research™ (WSR), a prominent research boutique led by Alan Stone, Managing Director of Alan Stone & Company LLC (ASC), has commenced profile coverage of the company. The corporate profile with additional information about WallStreet Research is available at www.WallStreetResearch.org.
Mr. William Clough, President & CEO of Waytronx, stated: “We are pleased to have established a relationship with WallStreet Research, resulting in the publishing of our corporate profile at www.WallStreetResearch.org. Waytronx will be presenting its recent accomplishments and growth strategy to a selected group of investment bankers, portfolio managers, institutional and other accredited investors at the Fifth Annual WSR Small Cap Conference (www.SmallCapConference.org), which will be held in New York City on August 11th-12th at the Penn Club. We are also looking forward to our West Coast investor road show organized by ASC in the coming week.”
Mr. Alan Stone, Managing Director of WallStreet Research, added: “Our analysts see great potential for Waytronx, Inc.’s thermal management technology and value its complementary acquisition approach as a key to successful long term growth strategy. These factors should help generate increasing interest in the company’s ongoing progress among major Wall Street investment firms in the near future.”
About Waytronx, Inc.
Waytronx, Inc. has pioneered and is commercializing innovative thermal management solutions capable of revolutionizing the semiconductor, solar and electronic packaging industries, among others. Utilizing its patented WayCool™ hybrid mesh architecture, Waytronx can enhance system performance and remove thermal barriers caused by "microwarming" in today's advanced computing devices. The Company's proprietary central and graphics processor solutions, solar energy cooling solutions and power supply cooling solutions deliver more cost effective and efficient thermal management to the industry. Waytronx changed its name from OnScreen Technologies in December 2007. Waytronx acquired CUI, Inc. in May 2008. For more information, please visit www.waytronx.com.
About CUI, Inc.
CUI, Inc. is a solutions provider of electromechanical components and industrial controls for OEM manufacturing. Since its inception in 1989, CUI has been delivering quality products, extensive application solutions, and superior personal service. CUI's solid customer commitment and honest corporate message are a hallmark in the industry. CUI is a wholly-owned subsidiary of Waytronx, Inc. For more information, please visit www.cui.com.
About WallStreet Research™
WallStreet Research™ (WSR) is a prominent research boutique led by Alan Stone, Managing Director of Alan Stone & Company, LLC (ASC). The firm specializes in the microcap and smallcap investment arena, looking for emerging growth companies with strong management, unique or proprietary technology, significant market potential, financial strength, and outstanding long-term earnings growth possibilities. Mr. Stone was formerly a securities analyst and assistant portfolio manager at Merrill Lynch Asset Management, an investment analyst at Prudential Insurance Company's Capital Markets Group, and an investment banker with Ladenburg Thalmann & Company. The firm has offices in Los Angeles, CA, Palm Beach, FL, and New York City, NY, and is well known for discovering undervalued companies and bringing them to the attention of the investment community. ASC/WSR also arranges road shows for its publicly traded clients, before the investment community in New York City, California and Florida. For more information, visit www.WallStreetResearch.org and www.SmallCapConference.org.
Forward Looking Statements
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.
Disclaimer
The information presented in the WSR report is not to be construed as an offer to sell, nor a solicitation of an offer to purchase, any securities referred to therein or otherwise. Readers are encouraged to conduct their own due diligence and review all of the company's financial statements and risks statements on file with the SEC. Waytronx, Inc. has paid a consulting fee of $7,500 to ASC in conjunction with the preparation and distribution of the corporate profile and participation in the WSR conference. The also paid additional fees for road show services. ASC or its associates may own shares, for investment purposes, in its corporate accounts, and may increase or decrease its positions at any time, without notice.
Media Contact:
Maggie Lefor
Waytronx, Inc./CUI, Inc.
503-612-2300
info@waytronx.com or
investors@waytronx.com
WayCool, WayFast, Waytronx and OnScreen are trademarks of Waytronx, Inc. Other names and brands are the property of their respective owners.