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Fastmoneytalk.com: FastMoneyTalk.com: Stocks to Watch: ECGA & MGRN

Fri. September 05, 2008; Posted: 12:16 PM
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Sep 05, 2008 (M2 PRESSWIRE via COMTEX) -- MGRN | Quote | Chart | News | PowerRating -- Boston, MA, September 5, 2008 - Encompass Group Affiliates, Inc. (OTC Bulletin Board: ECGA); Monogram Energy, Inc. (PINKSHEETS: MGRN)

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Encompass Group Affiliates, Inc. (OTC Bulletin Board: ECGA | Quote | Chart | News | PowerRating) closed at $0.0003 Thursday, trading 32,000,250 shares.

Company News- September 4, 2008 : Encompass Group Finalizes the Acquisition of Tritronics Inc.

Encompass Group Affiliates, Inc. (OTC Bulletin Board: ECGA), an integrated company serving the consumer electronics segment of the reverse logistics industry, announced yesterday that it has completed the acquisition of privately held Tritronics Inc. An industry-leading original equipment manufacturer parts distributor for over thirty years, Tritronics has operations in Baltimore and Miami, and distributes consumer electronic replacement parts and accessories to thousands of independent service dealers and OEM authorized service centers throughout the United States and Mexico.

To read the full news release, go to www.stockprofiler.us, and click the Headline link after entering the ticker symbol.

About Encompass Group Affiliates, Inc.

Encompass Group Affiliates, Inc. (OTC Bulletin Board: ECGA), is a New York-based company that specializes in the consumer electronic aftermarket service and supply chain, known as reverse logistics. Encompass Group Affiliates acquires businesses that provide computer and electronic repair services, parts distribution and asset management services. Encompass Group Affiliates addresses the full scope of this multi-billion market - including the end-user driven product support and repair industry, as well as the manufacturer-driven recovery and e-Waste industry. It provides single-source lifecycle management services for technology products, currently in the North American market, with accelerating growth towards a global presence. The Company's market position is based on its distinctive ability to provide single-point, comprehensive lifecycle service on a competitive basis. For more information about Encompass Group Affiliates, Inc visit our website at http://www.encompass.com

About Tritronics, Inc.

Tritronics, established in 1975, is a distributor of consumer electronic parts and accessories. With warehouses in Miami, Florida and Abingdon, Maryland, Tritronics has been providing parts and value-added services to the independent consumer electronic industry for over 30 years. Tritonics delivers not only parts, but a level of service and technology that helps its customers maintain world-class service. The company has received a host of industry awards over the years, including the National Electronic Service Dealer's Associations' PARTner's in Excellence Award, Sharp Distributor of the Year and Toshiba Distributor of the year. The company also distributes a full line of service aids and test equipment. For more information about Tritronics, Inc. visit http://www.tritronicsinc.com

About Vance Baldwin Electronics

Vance Baldwin Electronics, an Encompass Group Affiliates company, is an industry leading Original Equipment Manufacturer Parts Distributor. In continuous operation for more than fifty years and operating from south Florida, Vance Baldwin distributes more than 150 brands annually for consumer electronics, computers, printers and office equipment. Vance Baldwin also provides service aids and industrial products such as cable, tools, test equipment, cleaners and other installation equipment. Its distribution facilities located near Atlanta, Georgia, allows for 2 day delivery to the vast majority of the United States with UPS Ground Service. It maintains a call center with highly trained parts consultants to receive customer calls and provide assistance with parts selection and ordering. For more information about Vance Baldwin Electronics, visit www.vancebaldwin.com

About Cyber-Test

Cyber-Test, an Encompass Group Affiliates company, is an established electronic equipment repair facility located in Orlando, Florida. The company specializes in the repair and exchange of consumer and office electronic equipment, providing board-level and whole-unit repair to third-party warranty companies, OEMs, national retailers and national office equipment dealers. Cyber-Test, in continuous operation since 1986, offers Level II and Level III call center technical support, service contract administration and support and asset recovery programs. The company's expertise is rooted in depot repairs, advance exchange services, reverse engineering logistics, and help desk technical support. For more information, visit Cyber-Test's website at http://www.equipfix.com.

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Monogram Energy, Inc. (PINKSHEETS: MGRN | Quote | Chart | News | PowerRating) closed at $0.002 Thursday, trading 7,056,200 shares.

Company News- September 5, 2008 : Monogram Energy, Inc. Shareholder Update

Earlier today Monogram Energy, Inc. (PINKSHEETS: MGRN | Quote | Chart | News | PowerRating) announced they are pleased to take the opportunity to update its shareholders on recent Company news and events: Aug. 7th - Monogram enters negotiations for new leases. This is in keeping with the Company's ongoing acquisition plan, and continues to be a priority.

Aug. 11th - Monogram begins workover of 3 wells on T.W. Martin Lease.

Aug. 28th - Monogram nears completion of financials for posting on Pink Sheets.

Sept. 2nd - Monogram successfully completes well workover.

Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc. stated, "We have a number of activities currently in progress. In addition to the items we've listed here, we are continuing to explore alternative methods to help our company grow. We feel that by year's end we should be able to point to significant progress." Mr. King became interested in the production of oil & gas during his ten years of employment as an attorney for the Halliburton Company, and with his representation of independent oil companies during his years as a private practitioner. Monogram Energy's goal is to maintain a high risk/reward profile, thereby enabling them to return the most value to its shareholders.

About Monogram Energy, Inc.:

Monogram Energy, Inc. is an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties. The Company specializes in acquiring oil & gas leases with proven reserves that have the potential for increased production.

Billy D. King, the Chairman & CEO, is a graduate of St. Mary's University School of Law, and has been in the field of oil & gas law in excess of thirty years.

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For full details for ECGA click here.

    


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