Daily Market Movers Digest Midday Stock Alerts, Wednesday, June 7th, VPER, DPBM, CBAY, KLUCQ, AOGS, NWWV.

M2 PRESSWIRE-7 June 2006-OTCPicks.com: Daily Market Movers Digest Midday Stock Alerts, Wednesday, June 7th, VPER, DPBM, CBAY, KLUCQ, AOGS, NWWV(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:07062006

Today our stock watch alerts today include Featured Profiles for Viper Networks, Inc. (OTC: VPER), Deep Blue Marine, Inc. (OTC: DPBM) and stock alerts for Cal-Bay International, Inc. (OTCBB: CBAY), Kaiser Aluminum Corporation (OTCBB: KLUCQ), Avalon Oil and Gas, Inc. (OTCBB: AOGS), NeWave, Inc. (OTCBB: NWWV)

FEATURED STOCK PROFILE

VIPER NETWORKS, INC. (OTC: VPER) "Up 6.78% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/VPER.php

View Company Profile: http://www.otcpicks.com/profiles/vper/index.php

Viper Networks, Inc. (OTC: VPER) provides VoIP products and services through distributors and resellers around the world. Its network of VoIP gateways serves more than 350 countries and regions, and it is unique in offering both network services and equipment to its customers. Unlike most competing VoIP providers, Viper Networks offers its service on a pre-pay basis. It charges only for minutes used and does not requiring any monthly fees. Its Internet-based users can get dial-up or broadband service with equal quality. Viper has been pioneering VoIP service and technology for more than five years. For more information, please visit www.vipernetworks.com.

FEATURED STOCK PROFILE

DEEP BLUE MARINE, INC. (OTC: DPBM) "Up 5.88% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/DPBM.php

View Company Profile: http://www.otcpicks.com/profiles/dpbm/index.php

Deep Blue Marine, Inc. (OTC: DPBM) is engaged in deep water exploration and recovery of important treasures and artifacts worldwide. In the coming season the company will dive on known and permitted wrecks as well as establish exact locations of other known wrecks. All work will be video recorded.

Deep Blue Marine is a new company that brings together rapidly developing technology and a wealth of experience in both recovery and business. DPBM works only thoroughly researched and permitted (where applicable) shipwrecks in responsible ways that address environmental concerns and preserve worthy marine antiquities.

The crews of DPBM are highly qualified and have extensive backgrounds. Their areas of experience and expertise include research, salvage operations, marine survey, production of documentaries, all phases of diving, management and marketing of artifacts, and liaison with collectors and auction houses.

Starting with the best possible research for the acquisition and interpretation of available information, Deep Blue is able to find general locations of notable shipwrecks. Subsequently, decisions are made by the high-profile, expert advisory board regarding which wrecks to pursue. Exact locations are then determined by an able crew, using state-of-the-art equipment and procedures.

Recent advances in equipment and technology have lightened the burden of search. In addition to newly developed, proprietary equipment, sidescan sonar, improved magnetometers, satellite imaging, and aerial reconnaissance are all very helpful in locating objects of interest.

In addition to researching and finding on their own, DPBM has also made agreements for mutual benefit with other companies that have actually located wrecks of interest.

OTC STOCK ALERTS

CAL-BAY INTERNATIONAL, INC. (OTCBB: CBAY) "Up 9.8% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/CBAY.php

Cal-Bay International, Inc. (OTCBB: CBAY) is currently a publicly traded real estate acquisition and development company with headquarters in Carlsbad, California. Cal-Bay International acquires, develops and manages real estate properties. Cal-Bay's philosophy is to grow shareholder equity through value acquisitions with both substantial short and long-term growth potential.

CBAY News:

June 6 - Cal-Bay Opens Escrow for Acquisition of 25 Acre Development Property in Northern California

Cal-Bay International, Inc. (OTCBB:CBAY) announces acquisition of 25+ acre development property in northern California.

Cal-Bay's Board of Directors today announced the company has entered into a contract for the purchase of the property in the Napa region of California for $1.15M.

Cal-Bay CEO Roger Pawson commented the property will be a premium development project for the company that will include a select number of California Ranch Style homes. The acquisition is scheduled to close on or before the end of July 2006.

Cal-Bay is currently in negotiations for several other large East Coast development projects.

KAISER ALUMINUM CORPORATION (OTCBB: KLUCQ) "Up 14.86% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/KLUCQ.php

Kaiser Aluminum Corporation (OTCBB: KLUCQ) is a leading producer of fabricated aluminum products for aerospace and high-strength, general engineering, automotive, and custom industrial applications.

AVALON OIL & GAS, INC. (OTCBB: AOGS) "Up 5.81% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/AOGS.php

Avalon Oil and Gas, Inc. is an independent domestic oil and natural gas producer. The Company's strategy is to generate stable cash flows and production by acquiring a portfolio of oil and gas leases, to use efficient reservoir maintenance and innovative technology to generate asset growth, and to deliver a sustainable rate of return for our shareholders. For more information on Avalon Oil and Gas, Inc., please visit its website at www.avaloninc.com.

AOGS News:

June 7 - Avalon Oil and Gas, Inc. and UTEK Corporation Sign a Strategic Alliance Agreement

UTEK Corporation (AMEX & LSE-AIM: UTK), a specialty finance company, and Avalon Oil and Gas, Inc. (OTC BB: AOGS), an oil and gas company engaged in the acquisition of oil and gas producing properties with multiple enhancement opportunities, announced today that they have signed a strategic alliance agreement.

Kent Rodriguez, Chief Executive Officer of Avalon Oil and Gas, Inc. said, "We are very pleased to form this alliance with UTEK. We believe it will provide promising new technology acquisition opportunities for us. Our alliance with UTEK should enable us to develop a portfolio of new technologies for the oil and gas industry."

"UTEK looks forward to working with Avalon Oil and Gas, Inc. to identify potential technology acquisition opportunities that fit its strategic vision," commented Clifford M. Gross, Ph.D., Chairman and Chief Executive Officer of UTEK Corporation.

About UTEK Corporation

UTEK(R) is a specialty finance company focused on technology transfer. UTEK enables companies of all sizes to acquire innovative technologies from universities and research laboratories worldwide. UTEK facilitates the identification and then finances the acquisition of external technologies for clients in exchange for their equity securities. This unique process is called U2B(R). In addition to its U2B(R) service, UTEK offers both large and small capitalization companies the tools to search, analyze and manage university intellectual properties. UTEK has operations in the United States, United Kingdom and Israel. For more information about UTEK, please visit its website at www.utekcorp.com.

NEWAVE, INC. (OTCBB: NWWV) "Up 16.19% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/NWWV.php

NeWave, Inc. (OTCBB: NWWV), through its websites 'onlinesupplier.com' and 'buydiscount.com', NeWave provides ecommerce solutions and thousands of high value products at significant savings to its online loyalty club customers and members.

To find out more about NeWave (OTCBB: NWWV), visit our websites at www.newave-inc.com, www.onlinesupplier.com and www.buydiscount.com.

NWWV News:

June 7 - NeWave Closes Acquisition; Broadens Media Fulfillment Capabilities

NeWave, Inc. (OTCBB: NWWV) today announced that it has acquired Santa Barbara-based One Source Imaging (OSI). OSI is a business to business media design firm offering a full range of services including graphic design, printing services, data merge, mailing and finishing.

NeWave CEO Michael Hill stated, "The acquisition of OSI allows us to now fully control the printing and fulfillment process in-house as well as realize significant cost savings of approximately 15% and 40% respectively within these areas. The fact that OSI is a local firm with a solid reputation makes for easy logistical and cultural assimilation." He added, "Our strategic decisions are based upon their potential impact on both top line growth as well as earnings and believe that this acquisition falls within those parameters."

About One Source Imaging

One Source Imaging (OSI) is a full service business to business media design firm offering a range of services including graphic design, printing services, data merge, mailing and finishing. To find out more about OSI you may visit www.osimaging.com.

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