Fort Lauderdale, FL (PRWEB) November 1, 2006
In this issue, we discuss the two companies recently added to the NNIX, NEC Corp.'s attempts to enforce and monetize its carbon nanotube patents, and the FDA's formation of a Nanotechnology Task Force.
"After a strong performance in the first quarter, the NNIX has reversed downward to lag the major indexes year-to-date (YTD)," said J. Andrew Braswell, Equity Analyst for Newbridge Research and lead author of Inside Nanotechnology. "Its 11.2% second quarter decline leaves it 11.4% lower YTD, relative to gains in the NASDAQ (+2.4%) and Russell 2000 (+7.8%)." For each company, the report provides a recap of relevant news from the preceding quarter, along with analysis and commentary that helps investors discern the future leaders of this dynamic, emerging space. While the current universe of publicly traded, pure play nanotechnology companies remains relatively narrow, there are many exciting start-ups that appear poised for IPO's in the next few years. Furthermore, nano R&D initiatives ongoing at large, multinational corporations in industries such as chemicals and semiconductors are beginning to determine the competitive advantages of tomorrow. "Going forward, nanotechnology will become increasingly relevant to all investors, growth-oriented or otherwise," said Braswell.
About Newbridge Securities Corporation
Newbridge is a full-service securities brokerage firm (Member: NASD & SIPC) and a subsidiary of Newbridge Financial, Inc., an integrated financial services company. The Newbridge Institutional Research department specializes in the analysis and coverage of companies that have a strategic focus on nanotechnology. More information is available at our websites http://www.newbridgereports.com and http://www.newbridgesecurities.com.
Safe Harbor Statement
This news announcement may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance and achievements of the company to be materially different from any future results, performance or achievements expressed or implied, such as a difference including, but not limited to, those discussed in Management's Discussion and Analysis of the Financial Condition and Results of Operation in the Company's Annual Report on Form 10-K filed by the company with the Securities and Exchange Commission.
For important disclosures please visit: http://www.newbridgesecurities.com/index_disclosure.htm. Additional information is available upon request. Contact: David M. Keiter, Director of Research, 954-334-3450 x115.
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