OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, November 20th SSVE, WNEA, MDGC, CDIV, DWCH

Nov 20, 2008 (M2 PRESSWIRE via COMTEX) -- WNEAE | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include SupportSave Solutions Inc. (OTCBB: SSVE), Wind Energy America Inc. (OTCBB: WNEA), MediaG3 Inc. (OTCBB: MDGC), Cascadia Investments Inc. (OTC: CDIV | Quote | Chart | News | PowerRating) and Datawatch Corp. (Nasdaq: DWCH).

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SUPPORTSAVE SOLUTIONS INCORPORATED (OTCBB: SSVE | Quote | Chart | News | PowerRating) "Up 8.11% in morning trading"

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

Company Profile: http://www.otcpicks.com/supportsave-solutions.htm

SupportSave Solutions, Inc. provides offshore business process outsourcing (BPO) services primarily to the United States based clients from its facilities in the Philippines. Its BPO services include customer management, transcription and captioning, processing services, human resources, procurement, logistics support, finance and accounting, engineering, facilities management, information technology, and training. The company also offers credit application processing, mortgage processing, and title searches and data verification services. In addition, it conducts product and fraud detection; manage refunds, warranties, and applications; and offers preparations for serving legal papers. SupportSave Solutions serves small and mid-sized companies in the healthcare, communication, business services, financial services, publishing, and travel and entertainment industries. The company was founded in 2007 and is based in Alamo, California.

SSVE News:

November 19 - SupportSave Solutions Featured in Entrepreneur Magazine

Feature Story Highlights SupportSave's Comparative Value in BPO Space and Attractiveness to Businesses in Slowing Economy

SupportSave Solutions Inc. (OTCBB: SSVE), a provider of Business Processing Outsourcing ("BPO") services, is the subject of a feature story in an issue of the well-known monthly magazine, Entrepreneur.

The story, "From the Ground Up: Cebu-Based Company Attracts US Firms with Value-for-Money Proposition, Better Service," describes the tremendous efforts by the company's founders Christopher Johns and Aina Dumlao to start the company on a shoestring budget in 2004. The story goes on to note, "Today, their hard work has started to pay off nicely. SupportSave has now established itself as a rising BPO company with a 400-seat facility in Cebu City. The company has clients in Australia, the United States, Canada, Singapore, Taiwan, and Europe."

Christopher Johns remarked, "The SupportSave value proposition is truly remarkable. As noted in the story in Entrepreneur magazine, our rate of only $897.00 per month for a full-time, dedicated professional staff member or agent is 60 to 80 percent less than the industry average." Mr. Johns continued, "It is fitting that our entrepreneurial efforts would be recognized by Entrepreneur Magazine. We are particularly pleased that the article highlights the fact that our value proposition is especially attractive during this time of a slowing American economy."

WIND ENERGY AMERICA INCORPORATED (OTCBB: WNEA | Quote | Chart | News | PowerRating) "Up 25.00% in morning trading"

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

Company Profile: www.otcpicks.com/wind-energy-america/wind-energy-america-2.htm

Wind Energy America Inc. develops and operates wind energy projects in the Great Plains and the Midwest, regions known for their high quality wind energy resources. The Company owns interests in three wind farms: Shaokatan Hills LLC, Lakota Ridge LLC and CHI Energy. At present, WNEA owns a developer's stake and a minimal interest producing negligible cash flow in these wind farms. Over the next two years the developer's stake will begin producing significant cash flow from these projects. The three wind farms together contain 79 modern wind turbines and have a total rated capacity of 53.5 megawatts (MW). They are collectively generating approximately 160 million kilowatt hours (kWh) of electricity annually. In addition to these properties, the Company owns a 3 percent equity interest in Averill Wind LLC, a 10 MW wind farm being developed near Fargo, N.D., another region favorable for wind power energy.

WNEA News:

November 19 - Wind Energy America Inc. Obtains Financing to Complete Minnesota Wind Farm

Wind Energy America Inc. (OTCBB: WNEA | Quote | Chart | News | PowerRating) announced that it has started ordering parts and commencing construction and interconnect operations to complete its wind farm project in Minnesota which contains two of the Gamesa wind turbines acquired in the Boreal Energy asset purchase. When commissioning of these two turbines is completed, WNEA will receive its first material revenues from generating utility-scale electricity from wind power. This Buffalo Ridge wind farm and its revenue production will be 100% owned by WNEA.

Financing for this wind farm project was obtained from a California holding company through a sale/leaseback of our Midwest Energy Center facility in Lincoln County MN. WNEA received net proceeds of approximately $l,400,000 from this sale/leaseback transaction. We also have the option after 2 years to repurchase the facility at a price which represents a small percentage increase over the initial sale/leaseback price.

Robert Knutson, managing director of WNEA and the person responsible for obtaining and closing this significant funding, stated: "Given the current difficulties of raising development capital due to the recent collapse of worldwide equity markets, we are pleased that WNEA has been able to obtain critical funding at this time. These proceeds have enabled us to satisfy substantial overdue bank debt secured by the project, pay for interconnect and other costs owed to the utility which will purchase electricity generated by the project, acquire the necessary transformer equipment and other wind turbine parts and materials, and retain an experienced wind power contractor to complete the project for us."

MEDIAG3 INCORPORATED (OTC: MDGC | Quote | Chart | News | PowerRating) "Up 37.50% in morning trading"

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

MediaG3, Inc. develops and markets broadband wireless technology products and online applications that empower interactive content delivery to today's fixed and mobile consumers. MediaG3 has signed a $10 million broadband wireless product supply contract, and is in preparation of launching its China Pilot Project, which has been approved by Chinese Ministry of Commerce and State Administration of Radio, Film and Television, as well as financially supported by the US Trade and Development Agency. With signed contracts and additional business in discussions, the company is expected to reach over $20 million in revenue in 24 months.

MDGC News:

November 20 - MediaG3 Signs Deal with Billion Dollar Conglomerate

MediaG3 Inc. (OTCBB: MDGC), a leading developer for broadband wireless product and interactive rich-media content delivery applications announced today that its wholly owned Chinese subsidiary, Oriental Media has signed a service contract with WaiGaoQiao Import and Export Trading Company ("WGQ ImEx"). The contract will bring projected content delivery revenue over $2M for 2009. The Company will provide WGQ ImEx with digital content delivery services utilizing MediaG3's permission-based rich-media email and e-magazine applications.

Sam Tan, Vice President of Oriental Media stated, "We have been engaged to effectively help WGQ ImEx to expand their clients both in China and internationally". WGQ ImEX services Global Fortune 500 clients such as 3M, Kodak, Sony, LG and Intel, just to name a few.

"We are very excited to have Oriental Media as our business partner to assist us in our ambitious growth for many years to come," said Ms. Huang Chung Ying, Chief Marketing Officer of WGC ImEX. "WGQ ImEx offers significant tax incentives, hence a great competitive edge to better serve our clients" added Ms. Huang.

ABOUT ORIENTAL MEDIA, INC.

Oriental Media is a privately held company in China and a wholly owned subsidiary of MediaG3, Inc, a Delaware corporation. Oriental Media is focused on China market for mg3 mobile, a digital interactive communication service for mobile devices and mg3 web 2.0+, a social network platform with rich-media interactive marketing applications and China Green eMagazines. Oriental Media's main operation is located in Shanghai, China with sales and distribution offices nationwide.

CASCADIA INVESTMENTS INCORPORATED (OTC: CDIV | Quote | Chart | News | PowerRating) "Up 66.67% in morning trading"

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

Cascadia Investments, Inc. is a publicly-traded, real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.

CDIV News:

November 19 - Cascadia Investments, Inc. Offers Corporate Update to Current and Potential Shareholders

Cascadia Investments, Inc. (OTC: CDIV | Quote | Chart | News | PowerRating) announced that the company, as stated in previous releases, is currently in the process of strategically positioning the company to take advantage of the impending market bottom and the resulting opportunities. Several targeted acquisitions are currently being assessed and Cascadia is positioning itself to reap the benefits by increasing assets at advantageous prices.

This year, foreclosure rates are up 82.6% year-to-date compared with the same time a year ago. Foreclosures remain on track to surpass 1 million by the end of the year. Pre-foreclosures, which include notices of default and/or foreclosure auction prior to actual foreclosure, are expected to end up at a record 2 million according to Foreclosures.com reports.

"We are currently anticipating, due to current market conditions, the increase of our investment portfolio by more than double within the next year," stated Nazir Maherali, CEO and President of Cascadia Investments, Inc. "It is a top priority of management to meet our fiduciary obligation to shareholders by continuing to increase shareholder value. The market cap of the company is currently less than 25% of the total revenue generating assets of more than $2,500,000."

Mr. Maherali continued, "We will strive to update shareholders in a timely fashion as we select individual properties that we feel will offer larger returns on investment, or R.O.I. As we close on these properties will keep the public abreast of the added asset value to our portfolio. The primary method of communication will be through consistent press releases and also through our website at www.cascadiainvestmentsinc.com. Watch for updates on the website, including the creation of a new CEO Corner."

DATAWATCH CORPORATION (NASDAQ: DWCH | Quote | Chart | News | PowerRating) "Up 41.78% in morning trading"

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

Datawatch Corporation, a leader in Enterprise Information Management, helps companies make better decisions and solve business problems by simplifying access to information. Unique among EIM vendors, Datawatch transforms the massive amounts of data and documents generated inside or outside a company into actionable Business Intelligence, without any changes needed to existing systems. Datawatch customers benefit from the right information, in the right context, at the right time. More than 35,000 organizations worldwide rely on Datawatch products including its market-leading Monarch report and data mining solutions. Founded in 1985, Datawatch is based in Chelmsford, Mass. with offices in London, Sydney and Manila.

DWCH News:

November 20 - Datawatch Corporation Announces Fourth Quarter and Fiscal 2008 Results

Datawatch Corporation (Nasdaq: DWCH), a leader in Enterprise Information Management (EIM), announced results for its fourth quarter and fiscal year ended September 30, 2008.

Revenues for the quarter ended September 30, 2008 were $5,315,000, compared to $6,851,000 for the quarter ended September 30, 2007. Net income for the fourth quarter of fiscal 2008 was $296,000, or $0.05 per diluted share, compared to net income of $829,000, or $0.14 per diluted share, for the fourth quarter of fiscal 2007. Revenues for the 12 months ended September 30, 2008 were $23,030,000, as compared to $25,259,000 in the comparable period of fiscal 2007. Net income for the fiscal year ended September 30, 2008 was $717,000, or $0.12 per diluted share, as compared to $1,669,000, or $0.29 per diluted share, for the fiscal year ended September 30, 2007.

As of September 30, 2008, the Company had $4.88 million in cash and cash equivalents, an increase of approximately $1.0 million, or 27 percent, compared to September 30, 2007.

Commenting on the fourth quarter and fiscal 2008 results, President and CEO Ken Bero said, "Fiscal year 2008 was challenging. Considering what has occurred in the worldwide economy over the past several months, combined with the fact that 2008 was a non-upgrade year for Monarch, we are pleased with the Q4 and full year results. The team did a great job staying focused. We proactively and aggressively managed the business and expenses over the year to protect the bottom line, while making selective investments in key new products to position us for entry into new markets and for future growth.

"During the fourth quarter, we introduced Monarch BI Server, a Business Intelligence (BI) solution specifically designed for the SMB and departmental markets, and geared up for the latest release of our world-leading desktop BI and report mining tool, Monarch V10, which began shipping on October 20, 2008. As we move into our new fiscal year, we are well positioned to offer cost-effective BI solutions that have substantial business impact across a broad array of customers and application areas. Most importantly, these solutions will allow organizations to reap the benefits of BI without the high costs of implementation, support, administration and end user training typical with other BI solutions.

"In addition to effectively managing our business, we also strengthened our financial position and increased our cash to $4.88 million at September 30, 2008 with no debt. We are well positioned as we move into fiscal year 2009," concluded Bero.

As previously announced, Datawatch will host a live webcast to discuss its fourth quarter and fiscal year 2008 results at 2:00 p.m. (EST) on Nov. 20. The webcast can be accessed at www.investorcalendar.com/IC/CEPage.asp?ID=136969. Please register at least 15 minutes early to download any necessary audio software. An archive of the broadcast will be available for 30 days at the same location.

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