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To
OTC Journal Members:
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Special
Announcement |
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We expect to issue a Trading
Alert one week from today. Our last two gapped up too dramatically
for a reasonable entry point, but we know some of you bought anyway. Please
read the edition very carefully paying particular attention to the recommended
maximum entry point. The news we expect on this obscure, unknown stock
may take it too high for a reasonable trading opportunity.
This Trading
Alert will be the most treacherously speculative stock we have ever
covered, and it won't be for everyone. In fact, it will probably be too
risky for you. However, if you want to read about a major breakthrough
in the International fight against AIDS (Acquired Immune Deficiency),
be ready to read this one.
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Market
Comment |
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This weekend marks the unofficial
start of the summer season, and everyone is off to the beach. And why not-
if you are stock market investor who believes in growth it's not much fun
to watch the market these days. Today turned out to be the lowest volume
day of the year as all the Wall Street power brokers were already on their
way to the Hamptons.
While the beaches will be crowded
if the weather is good, there are no crowds following the markets. For
the contrarian, opportunities are everywhere. The NASDAQ is again trying
for the 1600 level, and anything with the word "Tech" in it is in the proverbial
toilet.
While every one is fighting the crowds
at the Beach, we will continue bringing you valuable content on the companies
we follow, and look for new and unique opportunities. The Bear Market will
not last forever, and after 26 months, the end is definitely closer than
the beginning.
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XML Global (OTC
BB: XMLG) Announces Product Alliance with Sun Microsystems (NASDAQ: SUNW) |
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As you can easily see in this chart,
XML
Global rebounded nicely in mid April as the market anticipated the
company would survive its current cash crunch. The stock gave back all
its gains on the heels of the company's quarterly earnings release last
week, which confirmed our previous reporting that this company is just
about broke.
However, we are still convinced the
company is on the verge of either a financing event or a major new contract
which will rescue it from its current capital challenges. If nothing happens
by the end of June, it may be time to reevaluate.
In the interim, business continues
to improve for XML. Today, just after the market closed, the company
announced a watershed event, which tends to support our belief that someone
will recognize the potential.
They have been featured in Business
Week, Investors Business Daily, and now they have formed an
alliance with Sun Microsystems (NASDAQ: SUNW), which could open
many doors for the company.
As disclosed in the press release,
XML
and Sun jointly developed an ebXML/BizTalk Integration Connector
for the Canadian Federal Government. The XML Global Solution on
Sun Bridges the Gap between Microsoft BizTalk Applications and enterprise
ebXML Environments.
The technological implications for
those of us who technologically challenged are difficult to understand.
XML
(extensible markup language) is the revolutionary new backbone technology
which will allow massive computer systems to talk to each other through
a kind of universal translator. Programmers working on the process of allowing
these massive systems to talk to each other need XML tools, and
XML
Global provides the solutions.
The Canadian Government is now evaluating
the technology, and it could evolve into a major future contract.
If you believe that this market environment
lends itself to buying the pullbacks as we do, you should agree that XML
Global closed today at a very favorable entry level. The last time
investors pounced on the stock at these levels it ran up nearly 50% in
just two short weeks.
Here is the complete text of the
news release for your review:
Friday May 24, 4:01 pm Eastern Time
Press Release
SOURCE: XML Global Technologies,
Inc.
XML Global to Deliver ebXML/BizTalk
Integration Connector for the Canadian Federal Government on the Sun Microsystems
Platform
XML Global Solution on Sun Bridges
the Gap between Microsoft BizTalk Applications and enterprise ebXML Environments
VANCOUVER, May 24 /PRNewswire-FirstCall/
- XML Global Technologies, Inc. (OTC BB: XMLG), a developer of XML Transformation
Software and XML Middleware today announced they have delivered an ebXML/BizTalk
Integration Connector for the Canadian Federal Government.
"XML Global is an established member
of Sun's Developer Network program and partner organization as well as
being an acknowledged leader in ebXML," said Fred Federlein, Market Segment
Manager, Sun Microsystems. "We have a very cooperative working relationship
with XML Global and have worked closely with them on developing the ebXML/Biztalk
Registry Connector. Both companies share a common commitment to the vision
of system and standards interoperability," emphasized Federlein, "and together
believe this solution will have an important impact on the ability of organizations
worldwide to engage in e- Business regardless of technology or standards
based obstacles."
XML Global has implemented ebXML
messaging services and developed an ebXML Registry with a version that
operates on the Sun Solaris(TM) 9.0 Operating Environment. With the Registry,
XML Global developed a Microsoft Component Object Model, or COM object
that seamlessly integrates between COM enabled Windows applications such
as Biztalk and enterprise ebXML Registry servers that centralize, catalog
and electronically share business information.
The BizTalk/ebXML integration connector
will allow applications to treat ebXML Registries as an integral part of
the application, regardless of whether the Registry server resides on a
local or networked computer. The Canadian Government pilot will demonstrate
how the integration will enable Biztalk to search and retrieve documents
from enterprise ebXML Registry servers running in a Solaris environment
as though they existed within the Biztalk environment.
"The delivery of the Microsoft Biztalk/ebXML
Registry converter is significant for both XML Global and Sun as well as
for the B2B community as a whole," explained Peter Shandro, CEO of XML
Global, "as we have created a low cost and easy to use solution that will
allow the Microsoft Biztalk and ebXML B2B communities to communicate effectively
and seamlessly. Platform and standards interoperability has long been the
vision for global e-Business," continued Shandro, "and together XML Global
on Sun presents a solution that furthers this vision."
About XML Global Technologies, Inc.
XML Global Technologies, Inc. is
an XML middleware company focused on providing a methodical approach to
the adoption of XML-based solutions. The Company's GoXML(TM) Transform
product line provides an intuitive, modular solution for integration of
structured data. Its powerful transformation engine links XML to traditional
data formats, like relational and EDI. It also transforms data between
various XML dialects. Transformation solutions developed with the XML Integration
Workbench can be deployed to GoXML Transform Enterprise Edition for centralized
management and connectivity to integration platforms, message queues, and
workflow engines. Interfaces for Web Services and ebXML allow it to plug
into popular e-business infrastructures.
The Company is an active member of
the ebXML, UDDI, OAG, W3C and OASIS standards initiatives. Founded in May
1999, XML Global has its US headquarters in New York, NY, and a research
and development office in Vancouver, BC. To find out more about XML Global
Technologies (OTCBB: XMLG - News), visit our website at www.xmlglobal.com
PR Contact Information
Contact
Anthony Dutton - XML Global Technologies, Inc.
Director of Corporate Communications
Phone
1-604-717-1100 ext.112
1-800-201-1848 ext.112
Email
anthony.dutton@xmlglobal.com
Web
www.xmlglobal.com
Forward Looking Statements
All statements are based on XML Global
Technologies, Inc.'s current knowledge and specific assumptions with respect
to future business decisions. The actual results of XML Global Technologies,
Inc. may differ materially from those indicated by these forward looking
statements as a result of various important factors, including, but not
limited to, those discussed in the Risk Factors section of XML Global Technologies'
recent registration document, SB- 2/A, which is on file with the Securities
and Exchange Commission.
Sun, Sun Microsystems, the Sun logo,
and Solaris are trademarks or registered trademarks of Sun Microsystems,
Inc. in the United States and other countries.
SOURCE: XML Global Technologies,
Inc.
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