Wednesday, July 11, 2007


Jul. 11, 2007 (M2 Communications Ltd. delivered by Newstex) --

New York, NY - BusinessNetWire's 'Investor Focus' For This Morning Is On The Following Stocks:

QED STORAGE, INC. (PINKSHEETS: GWOH); ADAPTEC, INC. (NASDAQ: ADPT); INTERNATIONAL OIL & GAS HOLDINGS CORPORATION (PINKSHEETS: IOGH); MEDIA CITY CORP. (PINKSHEETS: MCCY); RELIANT FINANCIAL SERVICE CORPORATION (OTCBB: RFNS); EMAGIN CORPORATION (OTCBB: EMAN)

BusinessNetWire is an affiliate of Stock Profiler.US. To receive your FREE subscription to our newsletter, please visit:  http://www.stockprofiler.us.

QED STORAGE, INC. (PINKSHEETS: GWOH)

QED Storage, Inc. closed at $.45 Tuesday, trading 14,600 shares.

Company News- July 11, 2007: QED Continues Strong Growth with Deployment of Hosted Information Security Services on Over 100 Computers at Pinconning Area Schools

QED Storage, Inc., an innovative managed services provider for the information security market, announced that Pinconning Area Schools has implemented its flagship offering, Omni Manager. Omni Manager has been deployed on over 100 computers in the K-12 school district to enforce acceptable use policies and ensure ethical and legal utilization of network resources. Pinconning's IT staff will leverage features such as Internet filtering and monitoring, tracking and recording of instant messaging activity and software application usage, and real-time inventory of all hardware assets.

'With computers spread over five locations, it was becoming challenging to enforce our security policies and control inappropriate Internet and IM use,' said Jay Bosworth, Technology Director for Pinconning Area Schools. 'By implementing Omni Manager, I can now get visibility of my infrastructure. The information is ready to use, easy to understand, and accessible via web interface 24 hours, seven days a week. Omni Manager helps ensure a safe and productive learning environment by protecting our students from offensive and potentially illegal areas of the web.'

About QED Storage, Inc. (PINKSHEETS: GWOH)

QED Storage is an innovative managed services provider for the information security market. The company's mission is to make enterprise-level security cost-effective and accessible for organizations of all types and sizes, with a focus on the SMB, departmental, educational and non-profit sectors. The company's flagship offering, Omni Manager, reduces organizational security risks and legal liabilities by providing 24x7 visibility, management and control of wired and wireless IT networks and assets, regardless of physical or geographic location. Omni Manager encompasses multiple security applications in one hosted service, including e-mail and Internet filtering, anti-virus, application usage monitoring, policy management and enforcement, and reporting. For more information, please visit the company's web site at www.qedstorage.com.

--------------------------------------------

ADAPTEC, INC. (NASDAQ: ADPT)

Adaptec, Inc. closed at $3.78 Tuesday, trading 588,700 shares

Company News- July 10, 2007: Leading On-Demand Hosting Provider Standardizes on Adaptec Serial Raid Controllers, SoftLayer Selects Adaptec Solutions for Reliability and Depth of Technology

Adaptec, Inc., a global leader in trusted storage solutions, announced that SoftLayer Technologies, an industry leading on-demand hosting provider offering world-class datacenter capabilities, has standardized on Adaptec Unified Serial RAID controllers for their unique network infrastructure. Adaptec Unified Serial RAID controllers help ensure optimum I/O performance, expanded scalability and high throughput for SoftLayer's next generation virtual IT environments. SoftLayer currently leases thousands of servers to small to medium-sized enterprise customers around the world.

Adaptec is the only vendor currently offering a comprehensive family of serial RAID controllers for the PCI Express (PCIe) interface which consists of five different products and includes 4- and 8-port low-profile models, as well as the industry's only 12- and 16-port designs.

'Adaptec RAID solutions have earned a reputation for proven reliability, which is extremely critical for a network infrastructure supporting over 8,000 active servers,' said Jacob Linscott, SoftLayer director of IT systems - UNIX. 'In addition to rock solid dependability, Adaptec was the sole vendor that enabled us to completely standardize on a single family of controllers. We looked at LSI and 3ware solutions, but only Adaptec offered a broad line of low- and high-port Unified Serial RAID controllers, which we absolutely needed to help scale and maintain our IT infrastructure and better support our rapidly growing customer base.'

Ideal for bandwidth-intensive applications including media servers, email databases, and application servers, Adaptec's Unified Serial RAID controllers will enable Softlayer to mix and match Serial ATA (SATA) and Serial Attached SCSI (SAS) drives within their infrastructure to achieve a superior balance of capacity, price and performance for their customers.

'The customer response to our new Unified Serial RAID controllers since we introduced them earlier this year has been extraordinary,' said Suresh Panikar, director of marketing, Data Protection Solutions Group at Adaptec. 'We're very pleased that SoftLayer, one of the fastest growing hosting companies in the industry, has chosen to standardize on Adaptec solutions, and we look forward to supporting their continuing efforts well into the future.'

About Adaptec (NASDAQ: ADPT)

Adaptec, Inc. provides trusted storage solutions that reliably move, manage, and protect critical data and digital content. Adaptec's software and hardware-based solutions are delivered through leading Original Equipment Manufacturers (OEMs) and channel partners to provide storage connectivity, data protection, and networked storage to enterprises, government organizations, medium and small businesses worldwide. More information is available at www.adaptec.com.

About SoftLayer Technologies

Located in the INFOMART in Dallas, Texas, SoftLayer was formed in June 2005 by a team of industry executives seeking to deliver low cost next generation on-demand hosting services for the small to medium enterprise (SME). Utilizing proprietary software, coupled with the industry's first network-within-a-network topology, the company delivers unprecedented power and control to securely manage IT environments while providing unparalleled scalability. For more information please visit www.softlayer.com or call 866.398.7638.

-------------------------------------------

INTERNATIONAL OIL & GAS HOLDINGS CORPORATION (PINKSHEETS: IOGH)

International Oil & Gas Holdings Corporation closed at $0.155 Tuesday, trading 665,814 shares

Company News- July 10, 2007: IOGH Commences Biodiesel Sales at 6,000 Gallons Per Day and Targets Doubling Shipments by Mid-Summer

International Oil & Gas Holdings Corporation announced that its Oklahoma biodiesel production plant has established an initial, uninterrupted production rate of 6,000 gallons of biodiesel fuel per day, with 100% of plant production now being shipped to regional agricultural users for mix with newly formulated diesel fuel required by 2007 EPA standards.

The company also reported that under current plans for plant capacity growth, the continuous production output of 6,000 gallons per day will increase to 12,000 gallons per day within 60 days, all of which it expects will be shipped to regional agricultural users.

'Local farmers and trucking companies are excited about the use of biodiesel in their fuel as a way to reduce imports of crude oil and improve performance in their equipment,' said Rick Graves, President of IOGH. 'IOGH biodiesel can be an essential new additive to 2007 diesel fuel. The new EPA-mandated low sulfur formulations lack the lubricity needed by almost all diesel engines operating today. This lack of lubricity raises the specter of higher operating costs and reduced engine life. When mixed 5% with 2007 diesel fuel, IOGH biodiesel restores the lost lubricity, increases fuel efficiency and normalizes performance expected from pre-2007 fuel.' The company also announced that sales of the glycerin by-product from its proprietary biodiesel manufacturing process have commenced. IOGH glycerin will be sold to and used by chemical manufacturers to make products such as surfactants, plastics, and bio-solvents, which are normally manufactured from petroleum-based raw materials.

'The conversion of regionally available organic materials into high quality biodiesel fuel and glycerin comes at a time when petroleum-based products face significant supply and price pressures,' said Mr. Graves. 'We feel that IOGH can make an important contribution to America's need for a fully-scalable domestic supply of energy and petroleum equivalent products. As a company, we see an abundant supply of domestic raw material playing a measurable role in America's efforts to reduce dependence on foreign oil supplies.'

About International Oil & Gas Holdings Corporation (PINKSHEETS: IOGH)

International Oil & Gas Holdings Corporation engages in business through wholly-owned subsidiaries and joint venture partners that are engaged in diverse business activities. The capture and delivery of petroleum and natural gas is most important to International Oil and Gas's bottom line. Insurance, real estate and a Security Protection Company are also among our wholly owned subsidiaries and partners. IOGH is always looking for opportunities to further diversify our business activities.

-------------------------------------------

MEDIA CITY CORP. (PINKSHEETS: MCCY)

Media City Corp. closed at $0.20 Tuesday, trading 889,027 shares

Company News- July 10, 2007: Effective Control Trucking LLC. Responds to Shareholder Inquiries

Media City Corp. (www.ecnholding.com) President Raphael Huppe responds to the numerous shareholder inquiries. Effective Control Trucking LLC. is a wholly owned subsidiary of Media City Corp.

'We have been overwhelmed with numerous shareholder inquiries,' said Mr. Huppe. 'The questions include Effective Control Trucking's plan for financing. At this juncture we have not finalized any financing deals. Our contract flow is rather large and the margins should allow us to grow without any large capital investment. Our company is not going to raise capital through any dilutive vehicles. If and when we choose to fund the company we will use Regulation 144 stock.' 'We also are proceeding with the name change, symbol change and cusip number change. We are meeting with our advisors on Wednesday in order to prepare the final documents. Lastly, we were asked about audited statements. We are happy to inform our shareholders that we are interviewing a number of Big Four auditing firms in view of finalizing an engagement. Our intention is to move our listing up to the OTCBB,' added Mr. Huppe.

About Media City Corp. (ECN Holding) (PINKSHEETS: MCCY)

ECN Holding is an information technology firm that has developed fully integrated solutions for trucking and fleet management along with the highest level of technical expertise which enabled it to service a wide range of customers, providing tailored solutions. Our system provides customers with real time management tools which are easy to apply and use.

-------------------------------------------

RELIANT FINANCIAL SERVICE CORPORATION (OTCBB: RFNS)

Reliant Financial Service Corporation closed at $0.066 Tuesday, trading 393,498 shares

Company News- July 10, 2007: Reliant Issues Letter to Shareholders

Steve Hamilton, Senior Vice President of Reliant Financial Service Corporation, announced today a letter to shareholders.

Dear Shareholders,

Thank you for your continued support of Reliant. Reliant Mortgage Canada has completed a move to new office spaces located at 80 Carlauren Road, Suite 23, Woodbridge, Ontario, L4L 7Z5. All contact numbers remain the same. This move allows Reliant larger office space coupled with the ability to expand as required which was not available at our previous location. Further, our mortgage closing attorneys are located within the same office building location and allows for immediate access for our legal services. The move has been without interruption and our next mortgage pool closing is still on track for 16 July 2007. This move will also help with our plan of hiring more Business Development Managers, and train mortgage underwriters due to the advantageous working location and larger office space.

In the next month Reliant will announce our updated business plan and new projections, which we will make available to all shareholders as previously announced. Reliant continues intensive meetings and discussions with a large insurance provider to provide a financial grade wrap to our mortgage pools. When completed, this wrap will allow Reliant to be very aggressive in the LTV ratio market and ensure profitable pricing when selling or refinancing our mortgage pools and alleviate large cash first loss pools. Reliant is still in the process of attracting long term experienced Directors and Officers for which we will announce in due course. We believe it will be critical to our company's success to bring a strong board of directors and officers to the company.

About Reliant Financial Service Corporation (OTCBB: RFNS)

Formerly known as Reliant Home Warranty Corporation (www.relianthwc.com), Reliant Financial Service Corporation offers the sub-prime residential mortgage market High-Ratio to value mortgages that includes self-employed consumers and those with difficult credit. With the above announcement and enhancement, Reliant will be able to serve all segments of the mortgage market from prime, Alt A and sub-prime and will assist in retaining our over-all customer base. Reliant sells all mortgages to various financial sectors in the Canadian Market, once sold, no further obligation to Reliant exists.

-------------------------------------------

EMAGIN CORPORATION (OTCBB: EMAN)

eMagin Corporation closed at $1.11 Tuesday, trading 347,491 shares

Company News- July 10, 2007: eMagin Upgrades Guidance; Extends Utility of Z800 3DVisor(TM) With New Software

eMagin Corporation has revised its guidance upward for the second quarter and issued guidance for the full fiscal year. The company now projects revenues of $4.2 million for the second quarter and estimates annual revenues of more than $16 million. At the same time, the company has issued new software that will enable users of its Z800 3DVisor to save application-specific settings and even create a virtual desktop that accommodates multiple windows.

Three new applications are available to all Z800 3DVisor owners: Z800 Setup Wizard, a robust setup utility, which lets users save their optimal 3DVisor settings for stereovision, headtracking and other features, such as color, position, image quality, and the unit's screen saver

3D Launcher Utility, a program launch platform that lets users save preference settings for each simulation or game and provides a one-button launch that automatically activates the saved resolution and stereovision settings and headtracking configuration

XtendDesk (TM) beta, a software tool that lets users define a virtual desktop equivalent to a 15 x 15 ft display, which will accommodate a number of open application windows accessible through the Z800 3DVisor's headtracking function or one or more large scrollable application windows, such as spreadsheets, graphic illustration or photographic editing applications

All three applications are available for download at www.3dvisor.com.

eMagin is also offering registered developers new Z800 Lab Tool software, which provides test and configuration functions, enabling them to fine tune color, brightness, image quality, and image positioning on each display, as well as controlling the Z800 3DVisor's mouse emulation sensitivity and other features.

'Our new software offerings extend the Z800 3DVisor's utility for virtual imaging applications for business, entertainment, and training and simulation,' said Susan Jones, eMagin's executive vice president and chief marketing and strategy officer. 'In addition, we've incorporated microdisplays based on our new OLED-XL(TM) technology into the system, providing higher brightness and longer lifetime.'

Jones added, 'The improved performance provided by our OLED-XL technology also contributed to higher than projected revenues for the second quarter, due to increased sales of OLED microdisplay components for a wide range of applications.' eMagin will hold a conference call on August 7, 2007, at 5:00 P.M. EDT to discuss the second quarter financial results in detail.

About eMagin Corporation (OTCBB: EMAN)

A leader in OLED microdisplay technology and personal display systems, eMagin integrates high-resolution OLED microdisplays with magnifying optics to deliver virtual images comparable to large-screen computer and television displays in portable, low-power, lightweight personal displays. eMagin microdisplays provide near-eye imagery in a variety of products from military, industrial, medical and consumer OEMs. The company's own Z800 3DVisor provides 3D stereovision and headtracking for PC gaming, training and simulation, immersion therapy, and other applications. eMagin's microdisplay manufacturing and R&D operations are co-located with IBM on its campus in East Fishkill, New York. System design facilities and sales and marketing are located in Bellevue, Washington. For more information on eMagin, visit www.emagin.com.

-------------------------------------------

The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BusinessNetwire.US affiliates has not been compensated for services rendered; BusinessNetwire.US affiliates is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter.

Please consult a broker before purchasing or selling any securities mentioned herein. To view full disclaimers, go to  http://www.businessnetwire.us) (disclaimers).

(Comments on this story may be sent to  tww.feedback@m2.com)


Newstex ID: MCOM-0001-18059202


Delivered by Newstex LLC
via theFinancials.com