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Copyright 2007, Carthew Bay Technologies Inc.
Astris Energi Coverage Initiated By eResearch
MISSISSAUGA, ONTARIO, CANADA, July 27, 2004 -- Astris Energi Inc. (OTC Bulletin Board - ASRNF), the world's leading alkaline fuel cell (AFC) technology company, today announced that Independent Equity Research Corp. has published a research report on the company, rating the stock a “Speculative Buy”.
Independent Equity Research Corp., operating as eResearch, is a leading source of continuous, independent research on publicly traded companies for both individual and institutional subscribers. eResearch delivers in-depth stock research with a focus on small and micro-cap stocks.
eResearch's report on Astris was written by Senior Analyst David Cohen, CFA, who has 20 years of experience as an investment analyst at First Marathon Securities Limited, Research Capital Corporation, McNeil, Mantha Inc. and Wood Gundy. In 1993, he was ranked as the number one consumer products analyst by Brendan Woods. Cohen received his CFA charter in 1984 and is the holder of an MBA degree.
The conclusions and opinions expressed in the report are those of eResearch, based on its own independent research, and on briefings with Astris. Astris does not endorse any of the opinions, forecasts, conclusions or recommendations by analysts.
The complete 12-page research report is available on the company's website at www.astris.ca.
About eResearch
eResearch (Independent Equity Research Corp.) is an independent equity research firm focused on under-covered, under-followed North American equities. It has based its business model on that of the bond rating agencies and receives fees from its subscribers and the companies it covers. It does not trade in the securities of the companies it covers or accept any stock related compensation for its research services. It conducts no investment banking or investor relations services for the companies it covers. eResearch's sole business is equity research over which it retains complete editorial control.
