OTCPicks.com: OTCPicks.com Stocks to Watch for Wednesday, August 6th BCND, MEXP, GWSI, NEOM, JYTO, IMDS

Aug 06, 2008 (M2 PRESSWIRE via COMTEX) -- NEOM | Quote | Chart | News | PowerRating -- Our Stocks to Watch tomorrow include Beacon Redevelopment Industrial Corp. (OTC: BCND), Marine Exploration Inc. (OTC: MEXP), GWS Technologies Inc. (OTCBB: GWSI), NeoMedia Technologies Inc. (OTCBB: NEOM), Joytoto USA Inc. (OTCBB: JYTO | Quote | Chart | News | PowerRating) and Imaging Diagnostic Systems Inc. (OTCBB: IMDS).

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BEACON REDEVELOPMENT INDUSTRIAL CORP. (OTC: BCND | Quote | Chart | News | PowerRating) "Up 100.00% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/BCND.php

Beacon specializes in acquiring undervalued deteriorating properties that offer the potential for above average return on investment, the properties must offer recyclable/salvageable materials along with the potential for redevelopment; the company also seeks along with the above for mentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition. Visit www.beaconredevelopment.com for all the latest information and updates.

BCND News:

August 5 - Beacon Redevelopment Industrial Corporation Agrees to Acquire a 125 Acre Tract of Land in West Virginia

Beacon Redevelopment Industrial Corporation (OTC: BCND | Quote | Chart | News | PowerRating) announced it has agreed to acquire a 125 acre tract of land in Lewis County, West Virginia.

The tract of land includes two parcels that include natural gas wells and vast timber; the company intends to capitalize on these assets as well as developing an industrial park or another commercial project on the properties. The properties are located about ten miles from interstate 79 and are right off US 119/33 and have easy access to all major highways.

Beacon Redevelopment in keeping with its business model (multiple assets with development ability at distressed prices) will pay approximately $5,500.00 dollars per acre, the company estimates that the current value in today's real estate market at $8,500.00 to $9,000.00 per acre. The company has received very favorable financing terms and conditions for this acquisition and expects a better then average return on this investment.

"We are very pleased to have been able to acquire these two pieces of land at the price that our representatives negotiated. We will continue to locate and acquire properties that have more then one profit center at very below or distressed market prices," said Adam Marek, President.

Mr. Marek also added "That he would like to thank the attorney's, engineer's, appraisers and company representatives that worked so very diligently to bring this deal to fruition."

MARINE EXPLORATION INCORPORATED (OTC: MEXP | Quote | Chart | News | PowerRating) "Up 100.00% on Tuesday"

Detailed Quote: www.otcpicks.com/quotes/MEXP.php

Marine Exploration, Inc., a development stage company, engages in marine treasure hunting expeditions. It involves in the exploration and recovery of deep-ocean shipwrecks, including the marketing, sale, and distribution of recovered artifacts, replicas, merchandise, and books through various retail and wholesale sales channels. The company was incorporated in 1996 as Jenkon International, Inc. and changed its name to Multimedia K.I.D., Inc. in 1999. Later, it changed its name to SYCO, Inc. in 2006; and to Marine Exploration, Inc. in 2007. The company is based in Denver, Colorado.

MEXP News:

August 5 - Marine Exploration Inc. Acquires Ship

Marine Exploration, Inc. (OTC: MEXP | Quote | Chart | News | PowerRating) announced that it has executed a bill of sale acquiring the Ocean Lady, a 128 foot, 252 ton research vessel. The Ocean Lady, outfitted to the specifications of Burt Webber of Hispaniola Ventures, Marine's joint venture partner, is docked at Jones Boatyard Miami.

GWS TECHNOLOGIES INCORPORATED (OTCBB: GWSI | Quote | Chart | News | PowerRating) "Up 60.66% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/GWSI.php

GWS stands for GreenWindSolar. We are an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions. Our products and solutions are part of the new "microgeneration" movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is leading the way in the emerging microgeneration marketplace. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.

GWSI News:

August 5 - GWS Technologies, Inc. Announces Additions to Microgeneration Product Line

GWS Technologies, Inc. (OTCBB: GWSI | Quote | Chart | News | PowerRating) an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, announced several additions to its microgeneration product line, including portable solar chargers such as IceTech's Solar i9005, the Powermonkey-eXplorer, and Voltaic Systems' Solar Backpacks.

"We're very excited to be offering a line of the most advanced consumer microgeneration products," said GWS Technologies President Richard Reincke. "These products provide a means for hundreds of millions of consumers to reduce carbon emissions by producing their own clean power. Millions of individual choices can make a real difference."

Microgeneration refers to the production of low-carbon electricity by individuals, small businesses and communities to meet their own energy requirements. Technologies include small scale wind turbines, photovoltaic solar power systems and handheld products that can recharge electronic devices.

The idea of running personal electronics using solar power is gaining widespread consumer acceptance. As different devices, from cameras and mobile phones to MP3 players and games consoles, become ever more frugal with power and solar panels get ever more efficient, solar technology is emerging as the most practical alternative energy source for portable electronics. Globally, higher demand for solar energy, triggered by concerns about global warming, are projected to drive an increase in the annual revenues of the global solar equipment industry from $20 Billion in 2006 to $90 Billion in 2010, with profit margins expected to accelerate even faster, pushing margins up to nearly 60 percent.

Global investors poured $148 billion into renewable energy in 2007, fueling a trend the United Nations is calling a "green energy gold rush." In a report released July 1, 2008 by the U.N. Environmental Programme (UNEP), analysts conclude that investment in renewable energy rose 60% last year compared with 2006. While microgeneration is currently a small percentage of the entire renewable energy sector, one study predicts that microgeneration could supply 30% to 40% of the United Kingdom's electricity by 2050.

NEOMEDIA TECHNOLOGIES INCORPORATED (OTCBB: NEOM | Quote | Chart | News | PowerRating) "Up 36.62% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/NEOM.php

NeoMedia Technologies, Inc. is the global leader in optically initiated wireless transactions, bridging the physical and mobile world with innovative direct to web technology solutions. To provide a robust high-performance infrastructure for the processing of optical codes NeoMedia extends their offering with award winning Gavitec technology. Located in Germany, Gavitec AG - mobile digit is a leader in development and distribution of mobile scanners and software for mobile applications. In addition, Gavitec provides standardized and individual solutions for mobile marketing, couponing, ticketing and payment systems. To learn more, visit www.neom.com, www.neoreader.com, and www.mobiledigit.de.

NEOM News:

August 4 - NeoMedia Secures $8.7 Million Financing Commitment to Accelerate Implementation Plans

NeoMedia Technologies, Inc. (OTCBB: NEOM), the global leader in mobile barcode scanning, announced that it has received an $8.7 million financing commitment from YA Global Investments, LP - a private investment firm that specializes in structured finance and direct investments, subject to NeoMedia achieving certain agreed upon milestones over the next six months.

The funds will accelerate implementation of NeoMedia's aggressive go-to-market plans under new CEO, Iain McCready. These plans will focus on providing mobile barcode scanning infrastructure to carriers, NeoReader scanning software to handset manufacturers and code implementation products to the advertising community. NeoMedia also offers flexible and creative IP licensing models to enable each of these constituents to develop solutions that enrich the mobile barcode ecosystem.

"We have great confidence in Iain and believe he will be a successful steward of our investment by leveraging NeoMedia's expertise and technology to bring barcode scanning technology into the mainstream. Iain understands the importance of interoperability and standardization in enabling a global ecosystem. More importantly, he understands the path to revenue realization is predicated on disciplined product strategy and operational precision," stated Jerry Eicke, partner at Yorkville Advisors.

"Obviously, we are pleased by Yorkville's continued investment in our business. They have been supportive partners in NeoMedia's efforts to establish a business system the world can embrace. The time is now for NeoMedia to leverage our strong intellectual property, technology solutions and industry expertise to mobilize this mobile barcode ecosystem," stated Iain McCready, CEO of NeoMedia. "It's taken a lot of time and effort to get the vision and relationships in place. Now we are well positioned to execute our product roadmap and provide best-in-class experiences for our customers, partners and consumers."

"By providing access to NeoMedia's IP and championing interoperability, global adoption of mobile barcode scanning can be achieved. Our funding provides NeoMedia with the support needed to develop next generation products and enable global support of its IP licensing efforts," added Jerry Eicke, partner at Yorkville Advisors.

JOYTOTO USA INCORPORATED (OTCBB: JYTO | Quote | Chart | News | PowerRating) "Up 35.00% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/JYTO.php

Joytoto USA, Inc.'s two business segments are electronic products & components and online games. The electronic products and components business is that of a virtual, original equipment manufacturer (OEM) and original design manufacturer (ODM) of consumer electronics for retailers throughout the world. Joytoto USA's online game business segment operates online games in North America pursuant to an Exclusive North American Master License Agreement with Joyon Entertainment Co., Ltd. ("Joyon Korea"). The Master License Agreement gives Joytoto USA's wholly-owned subsidiary access to Joyon Korea's library of successful online games currently operating in the Asian markets which have generated more than $100,000,000 in the Asian markets.

JYTO News:

August 5 - Joytoto USA, Inc. to Develop and Distribute Its Own MP3 Device

Joytoto USA, Inc. (OTCBB: JYTO | Quote | Chart | News | PowerRating) announced it has begun development of its own MP3 device. The device is expected to initially be available in Mexico, and Central and South America.

Currently the Company designs and manufactures multi media devices as an Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) for big box retailers' in-house brands primarily distributed in the United States. The move comes as an effort to capitalize on the rapid growth being experienced in emerging markets within Latin America. Michael Cho, CEO of Joytoto USA said, "By leveraging our design, engineering and manufacturing expertise in Korea we are able to offer the Latin America markets advanced MP3 player technologies at a competitive price point. With the growth in consumer electronic spending in these markets we can become a leading supplier of portable entertainment devices."

The company is currently in discussions with one of Latin America's premier electronics super stores and expects that shipments could begin by early fourth quarter 2008.

IMAGING DIAGNOSTIC SYSTEMS (OTCBB: IMDS | Quote | Chart | News | PowerRating) "Up 33.33% on Tuesday"

Detailed Quote: http://www.otcpicks.com/quotes/IMDS.php

Imaging Diagnostic Systems, Inc., a development stage medical technology company, designs, tests, and markets medical imaging equipment. Its primary product includes Computed Tomography Laser Breast Imaging System for detecting breast cancer. The company also offers Laser Imager for Lab Animals offers an optical helical micro-CT scanner in a third-generation configuration and is designed to image various compounds, especially green fluorescent protein, derived from the DNA of jellyfish. Its products are installed in clinical settings in Germany, Poland, Italy, Czech Republic, and the Peoples Republic of China. The company was founded in 1993 and is headquartered in Plantation, Florida.

IMDS News:

August 5 - CEO's Letter to Shareholders of Imaging Diagnostic Systems, Inc.

Imaging Diagnostic Systems, Inc. (OTCBB: IMDS | Quote | Chart | News | PowerRating) Interim CEO and Chairman of the Board, Linda B. Grable, released the following letter to shareholders:

Dear IDSI Shareholders,

As many of you know, I returned to the company three months ago to assume the position of Interim CEO and Chairman of the Board; we have received many phone calls from our shareholders asking essential questions about the Company's direction and future. As my first priority, I have recently secured a tiered debenture for up to 2 million dollars to aid in the clinical collection of the PMA data and the submission of the PMA application.

Over the past two years, the Company had installed upgraded CTLM systems, a new study protocol utilizing a new intended use at 10 various clinical sites throughout the United States. These sites are currently gathering cancer cases and non-cancer cases required to support the intended use hypothesis for the PMA application. Once the data required has been obtained it will be tested by independent radiologists, analyzed by our bio-statisticians and formalized into the PMA application for submission to the Food and Drug Administration (FDA). Developing an innovative medical imaging technology is a complicated and time-consuming process. The CTLM is a revolutionary diagnostic imaging device designed to detect breast cancer without radiation or compression. Since the development of the first CTLM prototype, our engineering team has incorporated many improvements based on both new and evolving technologies in lasers, computer processors, image display, surface-mount electronics, and software. We believe we are on schedule to complete the data collection and submit the PMA application to the FDA in its entirety by the end of this year.

We have been fortunate enough to have a large number of longtime shareholders. They have experienced volumes of Company history and have been anticipating IDSI's technologic achievements and sales breakthrough. Since commercializing the CTLM in late 2002, we sold our first CTLM system in January 2003. Since that sale, we sold 12 additional units. There are CTLM systems sold or in clinical collaboration programs currently in China, Italy, Poland, Czech Republic, United Arab Emirates, and Malaysia. Our end users and clinical collaboration partners worldwide have completed more than 13,000 clinical scans. We have deposits for the purchase of CTLM systems from our distributors in Hong Kong and Turkey; and our Director of Global Marketing is working with our distributors to bring their earnest leads to sale before the end of the year. We anticipate the sale of eight CTLM systems before the end of the year in China, Italy, and the United Arab Emirates.

Our stock price has also faced challenges over the past several years as the Company evolved to establish itself on the market. IDSI is an equity-funded Company. Since inception, substantially all of our necessary funding came from the proceeds of the sale of common stock, convertible preferred stock and convertible debentures. The convertible securities were all converted into common stock. In essence, our common stock is our currency and since January 2001 we have used a series of private equity credit agreements with Charlton Avenue, LLC, an institutional investor, to raise the capital necessary to fund the Company's operations. The use of private equity credit agreements is dilutive as the investor sells our shares into the market.

Cost cutting initiatives and staff reductions were initiated in April by the time I was appointed Interim CEO and Chairman of the Board. I met with Executive Management and we made the decision to terminate our lease pursuant to the six-month notice provision and to lease a smaller facility. Our current facility is 24,000 sq/ft with a base rent of $24,000 per month plus insurance, taxes and maintenance, which we estimate to be $9,440 per month for a total monthly cost of $33,440. Our new facility in Fort Lauderdale is 9,870 sq/ft and our total monthly rent including common area maintenance expenses and sales tax for the first year is $10,244.23 per month. This represents a 69% savings in office rent expense and we anticipate that our electric bill will be reduced proportionally. We have placed a temporary halt on new projects and all efforts are directed to the PMA filing and international sales.

In a press release dated December 27, 2007, IDSI announced the retirement of its CEO and Director, Tim Hansen. Subsequent to Mr. Hansen's retirement, we accepted the resignations of our three outside directors; Jay Bendis; Patrick Gorman; and Sherman Lazrus in accordance to a request initiated by our investment banker as a condition for additional funding.

As a co-founder of IDSI and its former Chairman of the Board and CEO, I fought to maintain and improve the Company's financing and sales initiatives. I immediately arranged a new Sixth Private Equity Credit Agreement for $15 million over a three-year period with Charlton Avenue LLC, who has provided substantially all of our necessary funding for the past eight years. Additionally, I began negotiating with other investment bankers and placement agents that could provide alternative financing. The management dynamics of the Company is changed. We have begun a more aggressive international sales and marketing program to appoint new distributors, terminate non-performing distributors and to offer introductory incentives to achieve sales. I traveled to China to visit our Representative Office and to interview our distributors to learn what support they need from the home office to sell CTLM systems. I also visited our clinical reference site at Tianjin Cancer Hospital and was very pleased with the acceptance of our technology at this prestigious hospital. Our Senior Vice President just traveled to Italy to meet with our distributor and to visit end-users and our clinical collaboration site at Catholic University in Rome. We will outsource additional experts as needed to expedite the filing of the PMA.

During this process the company will continue its efforts to raise additional funds to offset using the equity line and diluting the stock further.

I want to personally thank all of the shareholders who have called me since April and want to assure you that I will do my best with the help of IDSI's management to achieve our strategic goals.

Sincerely,

Linda B. Grable Interim CEO and Chairman of the Board

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