Beacon Equity Research Issues TraderNotes on WWAT, UCBH, PMTI, XMSR, IDEV, F, BUSE, HYGS


Dallas, TX -- (ReleaseWire) -- 07/03/2008 -- WorldWater & Solar Technologies Corp. (OTCBB: WWAT), UCBH Holdings Inc. (Nasdaq: UCBH), Palomar Medical Technologies Inc. (Nasdaq: PMTI), XM Satellite Radio Holdings Inc. (Nasdaq: XMSR), Blockbuster Inc. (NYSE: BBI), Indevus Pharmaceuticals Inc. (Nasdaq: IDEV), Ford Motor Company (NYSE: F), First Busey Corporation (Nasdaq: BUSE)

“WorldWater & Solar Technologies Corp. (WWAT) shares fell 6% to 63 cents around noon Wednesday. WorldWater & Solar operates as a solar engineering and project management company in the United States and internationally…

“WorldWater & Solar recently announced its new ENTECH manufacturing facility in Fort Worth, Texas, remains on track to open in July. The 70,000 square foot center has a planned capacity for 200 Megawatts of production…”

“UCBH Holdings Inc. (UCBH) shares climbed nearly 17% to $2.75 in Wednesday’s mid-day trading. UCBH Holdings operates as the bank holding company for United Commercial Bank, which provides personal and commercial banking services to small-and medium-sized businesses, business executives, professionals and other individuals…

“UCBH Holdings recently announced it has closed its offering of 135,000 shares, or $135 million in aggregate liquidation preference, of 8.50% non-cumulative perpetual convertible Series B preferred stock...”

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Beacon Equity Research Disclosure

The analysts contributing to this report do not hold any shares of WorldWater & Solar Technologies Corp. (OTCBB: WWAT). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.