Bullinadvantage.com: RUSL, PGICD, NEXM, SHRPQ "Bullinadvantage.com Alert"

Tue. October 14, 2008; Posted: 04:12 AM

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Russell Industries, Inc. (Pink Sheets: RUSL - http://finance.yahoo.com/q?s=RUSL.pk)

Oct. 13th, 2008-- Russell Industries, Inc. (Pink Sheets:RUSL), finds itself in a unique situation in the midst of the current U.S. economic and political climate. The Company carries no long-term debt, excess inventory, trade debt and vendor obligations, which separates it from the multitude of U.S. companies that are not able to move forward because the present credit crisis is keeping them at a stand still and in many cases forces downsizing or worse. Russell Industries has acquired 255 unpatented uranium mining claims in the last two years and these along with its other assets are debt free which enables it to aggressively pursue new growth opportunities without the necessity of looking backwards. The Company's corporate structure is attractive to companies looking to merge or buy a publicly traded company that does not come with the financial issues that plague many private and public U.S. companies. Listed below are just a few reasons why Russell Industries can explode in the near future and our shareholder base can potentially see major growth with in the "Company" and the market place as a whole. "We believe that Russell Industries, has the ability to grow it's business in proportion with the needs of the United States economy, as our position is drastically effected by the issues in today's world, towards the consumers," states Rick Berman, President and CEO.

-- Growing demand for fuel for the world's expanding nuclear power capability will drive uranium prices higher.

-- Secondary sources of uranium are limited and primary uranium supply must increase to close the large and widening deficit between mine production and reactor requirements.

-- Growing demand for fuel for the world's expanding nuclear power capability will drive uranium prices higher.

-- Russell Industries has 255 Unpatented Uranium and Vanadium Mining Claims located in San Juan County Utah.

-- San Juan County, Utah, located in the "four corners" of Eastern Utah, is one of the most fertile and mining friendly uranium concentration areas in the United States.

-- In terms of underdeveloped uranium resources, Australia is the leading country in the world, but current political policies are likely to preclude the development of new uranium mines in Australia this decade.

The primary business the Company is engaged in is Uranium and Vanadium exploration and mining development. The present interest in alternative energy sources for the U.S. includes nuclear power which is driven by uranium. The only federally-licensed and operating uranium mill in the United States, White Mesa Mill, owned by Denison Mines and is located less than 30 miles from any of the four claim ranges owned by Russell Industries. Uranium began trading on NYMEX in May 2007.

The average weekly price in 2007 was $98.55 a pound, according to leading price publisher Ux Consulting. A survey of 16 analysts conducted over the last month produced an average mid-range price for spot uranium UX-U3O8-SPT of $106.90 per pound in 2008 and $91.90 in 2009, according to publisher Reuters.

Russell Industries, a Nevada Corporation, was incorporated in 1997. The Company is a holding company that will possibly acquire assets in the energy, mining, healthcare and financial industries.

Progressive Gaming International Corporation (NASDAQ: PGICD - http://finance.yahoo.com/q?s=PGICD)

Oct. 13th, 2008-- Progressive Gaming International Corporation (NASDAQ: PGICD | Quote | Chart | News | PowerRating) ("the Company"), announced today that the Board of Directors of the Company has engaged Roth Capital Partners, LLC to assist the Company in reviewing strategic alternatives intended to enhance shareholder value. The Company expects to consider and evaluate available alternatives during the strategic review process including, but not limited to, the sale of the Company.

The Company has not set any timetable for the conclusion of this strategic review and does not intend to comment further publicly with respect to this process unless or until a specific alternative is approved by its Board of Directors. There can be no assurance that the review process will result in the announcement or consummation of any sale or other transaction.

About Progressive Gaming International Corporation(R)

Progressive Gaming is a trusted enterprise gaming solutions and supplier of integrated casino and jackpot management systems for the gaming industry worldwide. This technology is widely used to enhance casino operations and drive greater revenues for existing products. Progressive Gaming is unique in the industry in offering casino management and progressive systems in a modular yet integrated solution. Products include multiple forms of regulated wagering solutions in wired, wireless and mobile formats. There are Progressive Gaming products in over 1,000 casinos throughout the world. For further information, visit www.progressivegaming.net.

NexMed, Inc. (Nasdaq: NEXM - http://finance.yahoo.com/q?s=NEXM)

Oct. 13th, 2008-- NexMed, Inc. (Nasdaq: NEXM), a developer of innovative treatments based on the NexACT(R) technology, announced today that on October 9, 2008, it received a letter from The NASDAQ Listing Qualifications Department providing notification that, for the last 30 consecutive business days, the bid price of its common stock has closed below the minimum $1.00 per share requirement for continued inclusion on The NASDAQ Capital Market under NASDAQ Marketplace Rule 4310(c)(4) (the "Rule"). In accordance with NASDAQ Marketplace Rule 4310(8)(D), NexMed has 180 calendar days, or until April 7, 2009, to regain compliance with the Rule. NexMed can regain compliance with the Rule if at anytime before April 7, 2009, the bid price of its common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days.

If NexMed does not regain compliance with the Rule by April 7, 2009, NASDAQ will provide written notification that the Company's securities will be delisted from The NASDAQ Capital Market. At that time, NexMed may appeal to a NASDAQ Listing Qualifications Panel. Alternatively, in the event such delisting is based solely upon non-compliance with the Rule and NASDAQ determines that NexMed otherwise meets the initial listing criteria, set forth in Marketplace rule 4310(c), except for the bid price requirement, NexMed will be afforded an additional 180 calendar day grace period in order to regain compliance with the Rule. If the Company fails to maintain compliance with any other listing requirements, it may be delisted for failure to meet those requirements during these periods.

About NexMed

NexMed, Inc. is leveraging its proprietary NexACT(R) drug delivery technology to develop innovative topical pharmaceutical products that address unmet medical needs. For further information about NexMed, go to www.nexmed.com.

Sharper Image Corp. (Pink Sheets: SHRPQ - http://finance.yahoo.com/q?s=SHRPQ.pk)

Oct. 13th, 2008-- Newly Revived Sharper Image Signs Strategic Agreement - The Sharper Image today announced the signing of a $540 million, five-year licensing agreement with HoMedics, the world's leading manufacturer of personal health, wellness and relaxation products. The comprehensive agreement covers the use of The Sharper Image brand and intellectual property across a broad range of product categories.

HoMedics has been selected as a primary strategic licensee for The Sharper Image brand as it transforms its business model from a retailer to a global lifestyle brand licensor. Under this agreement, HoMedics will offer uniquely featured products in categories including: Home Environment, Electronics, Men's Personal Care, Men's Gifts, Health & Wellness, Weather and Concierge. The objective is to expand upon The Sharper Image's rich brand history which represents the values of quality, excitement and innovation.

"The Sharper Image is an iconic brand with tremendous positive consumer awareness, and we're extremely excited about how HoMedics can further boost our leadership in personal health, wellness and relaxation products while remaining true to The Sharper Image brand legacy," said Ron Ferber, president of HoMedics. "The agreement will allow us to enter into new categories that will complement our core business and will allow HoMedics to introduce new product innovations with a wider range of price points."

In May of this year, a group of private investors purchased The Sharper Image brand and intellectual property and have developed a global licensing strategy for wholesale, e-commerce, catalog and direct-to-retail (DTR) businesses. This approach will allow The Sharper Image brand to exist outside the confines of its historic core channels and on the shelves of leading retailers throughout the world.

"We are pleased that the strength of The Sharper Image brand has attracted a licensee of HoMedics' caliber," said Federico de Bellegarde, vice president of Licensing at The Sharper Image. "HoMedics is a terrific fit for The Sharper Image brand due to their extensive product development capabilities coupled with their significant relationships in the retail community. HoMedics understands The Sharper Image brand DNA and, with their newly developed products, shall set the standard for our brand objectives."

HoMedics will introduce their first collection of Sharper Image licensed products at both the Consumer Electronics Show in Las Vegas in January 2009 and the International Housewares Show in Chicago in March 2009. Products will be distributed through the Retail, Catalog, E-commerce and Hospitality industries across the U.S., Canada, Mexico, UK, Australia and New Zealand.

About The SHARPER IMAGE

The Sharper Image is a licensing company based in New York and owned by a joint venture between Hilco Consumer Capital - Toronto, Gordon Brothers - Boston, and Bluestar Alliance - New York. The company was acquired in May 2008 after a long legacy of developing innovative products through entertaining stores, e-commerce and award-winning catalogs. The Sharper Image currently has active licenses in RTA furniture, Luggage, Electronic Gifts, Replacement Ink Cartridges and is pursuing licenses in other product categories including: selective Consumer Electronics, Bath & Bedding, Cookware, Pet, Eyewear and Lawn & Garden.

ABOUT HOMEDICS

Founded in 1987 by Ron Ferber and Alon Kaufman, HoMedics (www.homedics.com) began as a manufacturer of at-home massagers. Today, the family-owned business manufacturers and markets more than 250 personal healthcare and wellness products, which are available to consumers at 50,000 retail outlets in over 60 countries.

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For full details for NEXM click here.

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