The Micro Cap Opportunity: Before the Bell Report for Tuesday August 5, 2008 - On the Radar: UDHC, GFET, UVSE, NSOL, ATSI, MRVC

LOS ANGELES, Aug 05, 2008 (M2 PRESSWIRE via COMTEX) -- UVSE | Quote | Chart | News | PowerRating -- This morning's On the Radar' Micro Cap trading candidates include, , Ulysses Diversified Holding Corp. (OTCPK: UDHC), Gulf Ethanol Corp. (OTCPK: GFET), Universal Energy Corp. (OTCBB: UVSE), Nuclear Solutions, Inc. (OTCBB: NSOL), ATS Medical, Inc. (NASD: ATSI), MRV Communications, Inc. (NASD: MRVC).

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ULYSSES DIVERSIFIED HOLDING CORP. (OTCPK: UDHC | Quote | Chart | News | PowerRating) Up 21.05% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=UDHC.PK

Ulysses Holding Corp. is a retail owner/operator and franchiser optical holding company within the 17 Billion Dollar a year retail optical industry, specializing in acquiring single to small multi-store operations that are well established within their communities that the owner (s) are looking for an exit strategy due to retirement or other plausible reasons.

The company will also expand (under certain circumstances) the number of units through joint ventures, franchising or the development of new locations that will meet the company's criteria for success. The company will also expand revenue through management/consulting agreements with existing store owners.

The company will also derive revenues from brokering franchise/sales deals to some of the larger optical retailers in the industry.

The company's business plan call's for ten to fifteen retail outlets within the first twelve months of operations and twenty to thirty additional outlets within the second twelve months of operations with an over all objective of a minimum thirty to thirty five outlets within a twenty four month period.

The company's policy is not to change any of its new acquisitions employees or operations as it intends to maintain the community environment and involvement that was established by its former owner (s) while incorporating the advantages of corporate buying strength and centralized administration.

Recent UDHC News:

August 4, 2008 - Ulysses Diversified Holdings Corp. Board of Directors Approves a Reduction in Its Authorized Common Shares and Other Corporate Actions

Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC | Quote | Chart | News | PowerRating) today announced that its Board of Directors over the weekend has approved a twenty (20) percent reduction of the company's authorized common shares.

This corporate action will reduce the current authorized common shares from one hundred million (100) to eighty million (80) common shares with an overall share structure of:

80,000,000 Common Shares

53,642,312 Restricted Shares (for one year/utilized for the SecureNetView acquisition)

19,800,000 Common Shares (Being Held in the Company Treasury for Pending acquisitions)

6,557,688 In the Public Float

The Board of Directors also authorized per corporate resolution that if current pending acquisitions are not executed within the next thirty (30) days that the 19,800,000 common shares being held in the company's treasury will be returned to the Transfer Agent and further reduce the authorized common shares by the same equal amount (19,800,000).

GULF ETHANOL CORP. (OTCPK: GFET | Quote | Chart | News | PowerRating) Up 10.00 Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=GFET.PK

Gulf Ethanol is an alternative energy company focused on the development of technology for the cellulosic ethanol industry with a particular emphasis on Texas and the Gulf Coast. For more information please visit our homepage at: www.GulfEthanolCorp.com.

Recent GFET News:

August 4, 2008 - Gulf Ethanol: It Works!

Gulf Ethanol Corporation (PINKSHEETS: GFET | Quote | Chart | News | PowerRating) announced today the first successful testing of its biomass preprocessor. The prototype unit successfully processed raw feedstocks into an extremely fine powder which will allow cellulosic ethanol producers to improve results significantly.

"We are excited to see the first successful operation of our new technology," noted Bill Carmichael, President of GFET. "We have evaluated the initial results and are now ordering some design revisions that we believe will improve the efficiency of our technology. Then we will resume further testing," he added.

The U.S. Department of Energy states that, "The initial sizing and grinding of biomass affects efficiencies and quality of all the downstream operations. New technologies and equipment are required to process biomass between the field and conversion facilities." This is the need met by our new technology.

The U.S. Department of Energy states that, "Biomass is the single renewable resource that has the potential to supplant our use of liquid transportation fuels now and help create a more stable energy future. Using our indigenous biomass resources, we can potentially fuel our cars and provide new economic opportunities across the nation." It can be converted to carbon-based fuels and chemicals, in addition to electric power. America's plan to replace 20% of gasoline with biofuels within 10 years has five steps leading from the farmer's field to the consumer's vehicle.

Gulf Ethanol's feedstock pre-processing technology fits in the feedstock logistics portion of this plan which addresses transportation, costs and handling of feedstocks.

UNIVERSAL ENERGY CORP. (OTCBB: UVSE | Quote | Chart | News | PowerRating) Up 8.70% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=UVSE.OB

Universal Energy Corp. is a publicly traded (OTC Bulletin Board: UVSE) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Louisiana and Texas. Visit www.universalenergycorp.info for more details.

Recent UVSE News:

August 4, 2008 - Universal Energy Corp. Announces Increased Production at its Caviar Wells

Universal Energy Corp. (OTC Bulletin Board: UVSE), an emerging U.S. oil and gas exploration and production company, announced today that gas production has continued increasing at both Caviar #1 and Caviar #4 since initial production began in July.

"We will continue to open up the wells and increase flow as we work them into their final production levels," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "We are extremely pleased with the ease that these wells came online and look forward to many years of substantial production."

NUCLEAR SOLUTIONS, INC. (OTCBB: NSOL | Quote | Chart | News | PowerRating) Up 9.09% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=NSOL.OB

Nuclear Solutions, Inc. (OTCBB: NSOL | Quote | Chart | News | PowerRating) and its subsidiaries report operations and financial results on a consolidated basis within Nuclear Solutions, Inc.'s public filings. Visit www.nuclearsolutions.com for additional information. For further information on Nuclear Solutions, Inc. please contact an authorized representative of the company. The only authorized representatives of the company are: Patrick Herda, Ken Faith, and Fred Frisco and the only authorized investor relations telephone number is (202) 580-8330 or (202) 787-1951. The company is not responsible for information transmitted by an unauthorized third party or through calls made to or from an unauthorized telephone number.

Recent NSOL News:

August 4, 2008 - Nuclear Solutions Announces New Transitional Advisory Committee Members

Nuclear Solutions, Inc. (OTCBB: NSOL | Quote | Chart | News | PowerRating) announced the appointment of Major General Lincoln Jones, III (USA Ret.), Mr. Dick Westfahl, and Mr. James McCulloch to a transitional advisory committee formed to identify and recommend candidates with a petroleum industry background for the position of President and CEO as well as other key senior management positions. In addition, this committee will make recommendations for guiding and financing the development of the company's proposed coal-to-diesel projects in Kentucky.

The transitional advisory committee reports to the Board of Directors and will provide guidance, advice, and planning assistance for the company's coal-to-diesel projects and future projects to produce synthetic diesel from coal and other feedstocks, such as oil refinery waste, petroleum coke, and scrap tires.

Each member of the transitional advisory committee, serving at the direction and discretion of the company's Board of Directors, brings energy industry expertise and experience of benefit to Nuclear Solutions.

Major General Lincoln Jones is Chairman of Worldwide Strategic Partners, Inc., an energy consulting company. He was recently appointed to the Board of Directors of Global Resource Corporation, a publicly traded company that developed microwave technology for alternative fuel use. Major Jones retired from the Army as Deputy Commanding General U.S. Army V Corps, Germany where he was Deputy to the Former Secretary of State General Colin Powell. Following his Army career, General Jones was a key executive at Enron where he served as President of Enron Power Corp. (1991-98); Vice Chairman, Enron Europe (1996-98); and President, Enron Engineering & Construction (1993-96). During that time, he developed sixteen and operated eighteen power plants throughout the world. Since retiring from Enron in 1998, he has acted as a consultant for energy, military, and geopolitical issues.

Mr. Dick Westfahl is a graduate of the U. S. Naval Academy, Annapolis, Maryland and the U.S. Naval Postgraduate School in Monterey, California with an M.S. in Oceanography. Mr. Westfahl has served as Managing Director of Enron Engineering and Construction Company (EECC) from 1997 to 2001. In this capacity he also served as Executive Vice President of National Energy Production Company (NEPCO). Prior to that position he was President of Raytheon Environmental Services Company, a subsidiary of Raytheon Engineers & Constructors Company; Regional Director of Business Development for Harding Lawson Associates, an environmental engineering and consulting firm; and Vice President-Deputy Manager of Stone & Webster Engineering Corporation. Mr. Westfahl is also an Executive Energy Consultant to Worldwide Strategic Partners since 2005, and is also currently President of Worldwide Capital Partners II, an energy consulting company. Mr. Westfahl is a retired U.S. Naval Officer with experience in various leadership positions for the U.S. Navy, including that of Commanding Officer of a nuclear submarine.

Mr. James McCulloch graduated from Tulane University in 1974 with a B.A. in Political Science, and from Tulane University School of Law in 1977 with a J.D. degree. He has been a frequent author and speaker on legal and insurance issues.

Mr. McCulloch retired from Global Santa Fe Corporation, an international offshore drilling and energy services company, in December 2007 consequent with that company's merger with Transocean Corporation. At the time of his retirement he served as Senior Vice President and General Counsel, an office to which he had been appointed in 1999, and had responsibility for all legal and risk management functions of the organization. Mr. McCulloch currently also serves as an advisory board member of Sunland Construction, Inc., a privately held company engaged in the construction of natural gas pipelines and the provision of complementary services to energy customers in the U.S.

ATS MEDICAL, INC. (NASD: ATSI | Quote | Chart | News | PowerRating) Up 4.01% Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=ATSI

ATS Medical, Inc. provides innovative products and services focused on cardiac surgery. The Company, global in scope, is headquartered in Minneapolis, Minnesota. More than 150,000 ATS Open Pivot(R) Heart Valves, which utilize a unique pivot design resulting in exceptional performance and low risk profile, have been implanted in patients worldwide. The ATS 3f(R) brand encompasses multiple tissue heart valve product offerings at varying steps from market introductions to clinical trials to development projects that incorporate less invasive valve replacement technology. ATS Medical's focus on serving the cardiac surgery community is further strengthened by offerings that include ATS Simulus(R) annuloplasty products for heart valve repair and ATS CryoMaze(TM) surgical ablation products. The ATS Medical web site is http://www.atsmedical.com.

Recent ATSI News:

August 4, 2008 - ATS Medical Appoints New Vice President of Operations

ATS Medical, Inc. (Nasdaq: ATSI), manufacturer and marketer of state-of-the-art cardiac surgery products and services, today announced the appointment of Craig Swandal as Vice President of Operations effective August 11, 2008. Mr. Swandal was previously the Senior Vice President of Corporate Operations for Gyrus ACMI, a leader in the development and manufacture of minimally invasive surgical instruments. He has over 25 years of progressive operations management experience and is a well respected leader in the implementation of Lean and Six Sigma systems.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040202/ATSILOGO)

In this newly created position, Mr. Swandal will be responsible for overseeing the continuous improvement and expansion of ATS Medical's best-in-class operations organization. Mr. Swandal commented, "I am excited about joining ATS Medical, particularly at a time when it is poised for significant growth. I look forward to contributing in ways that will allow us to make the most of our opportunity." Michael Dale, Chairman and Chief Executive Officer noted, "Our operations demands continue to grow through volume increases and diversification of product technology offerings. Craig's expertise and leadership will be a valuable addition to our executive management team as we strive to expand our operations capabilities in concert with anticipated growth."

MRV COMMUNICATIONS, INC. (NASD: MRVC | Quote | Chart | News | PowerRating) Up 0.00 Yesterday

Detailed Quote: http://finance.yahoo.com/q?s=MRVC MRV Communications, Inc. ("MRV") is a leading provider of network equipment and services, and optical components. MRV's networking business provides equipment used by commercial customers, governments and telecommunications service providers, and includes switches, routers, physical layer products and out-of-band management products as well as specialized networking products for aerospace, defense and other applications including voice and cellular communication. MRV's optical components business provides optical communications components for metropolitan, access and Fiber-to-the-Premises applications, through its wholly owned subsidiary SourcePhotonics, Inc. MRV markets and sells its products worldwide through a variety of channels, including a dedicated direct sales force, manufacturers' representatives, value-added-resellers, distributors and systems integrators. MRV also has operations in Europe that provide network system design, integration and distribution services that include products manufactured by third-party vendors, as well as internally developed and manufactured products. Publicly traded since 1992, MRV is listed on the NASDAQ National Market under the symbol MRVC.

Recent MRVC News:

August 4, 2008 - MRV Announces New SFP Transceivers for Physical Layer SAN Test Lab Automation

MRV Communications, Inc. (Nasdaq:MRVC), a leading provider of products and services for out-of-band networking, optical transport, metro Ethernet, and fiber optic components today announced two new Serial Attached SCSI (SAS)/Serial ATA (SATA) storage interface modules for its Media Cross Connect(R) (MCC) physical layer switch, to enable "wire-once" test lab automation of storage area network test lab environments.

The protocol-specific small form-factor pluggable (SFP) modules come in 3 Gbps host-connection and drive-connection versions that are backward compatible to 1.5 Gbps. The new SAS/SATA SFPs round out MRV's test lab offerings for storage area networks (SAN), which already includes support for Fibre Channel, and Fibre Channel over Ethernet (FCoE).

The Media Cross Connect from MRV offers the ability to implement a "wire-once" physical layer switch in a test lab and manage all testing dynamically through software, rather than have to manually reconfigure test topologies. By minimizing the number of physical reconnections required for test set up, storage labs can avoid connector wear and tear and inconvenient cable length issues that are common in the SAS/SATA environment.

"Test lab automation is entering the mainstream phase of its development, which is marked by more industry players, a wider range of solutions, broad industry coalitions and wider acceptance by network equipment manufacturers," says Frost & Sullivan Industry Manager Jessy Cavazos. "MRV's announcement of its SAS/SATA solutions shows that the company is one of the leaders of this evolution because it is adding the flexibility to deliver the benefits of test lab automation to storage vendors."

"Storage networking vendors are facing a significant technology evolution that will put pressure on their test labs to increase efficiency and throughput in order to meet product shipment goals. By continuing to expand our TAP solutions, we are showing our customers that MRV will be there with them through this transition," said Noam Lotan, president and CEO of MRV Communications. "With the addition of these new SFPs, MRV continues its market leadership position by offering a complete set of interface solutions for storage industry's test lab environment."

The SFP-SATA-SAS-DR (drive version) and SFP-SATA-SAS-HT (host version) pluggable interfaces enable test lab administrators to tailor their solutions on a per port basis, connecting storage equipment of various types and protocols in a single blade or chassis, providing greater flexibility and efficiency in the storage test lab.

Availability The SFP-SATA-SAS-DR and SFP-SATA-SAS-HT interfaces are available immediately from MRV sales representatives worldwide. More information is available at www.mrv.com/TAP.

About the MCC

The Media Cross Connect (MCC) product line from MRV is a physical layer switch that replaces the manual patch panel providing the missing link to true test automation. Using the MCC users can program connections from any port to any other port within the system. Modularly designed, the MCC is available in 72, 144 and 288 port versions.

The MCC allows engineers to change test configurations with a single software command eliminating the laborious process of patching and re-patching cables dramatically simplifying the test set up and reconfiguration process. The MCC allows test equipment to be shared among test beds reducing capital expenses in the lab. Test lab automation reduces the time it takes to complete each test, allows 24/7 testing, saves engineering hours and costs and shortens the time-to-market of new products. To learn more about MRV's solutions for labs visit www.mrv.com/tap.

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