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TheSUBWAY.com Announces Investment Opinion on Masterpiece Technology Group, Inc., Arch Wireless, Inc., Safe Technologies, MicroStrategy Inc, Digital Island, Inc.


Business Editors

NOTE TO EDITORS: The following is an investment opinion issued

by TheSUBWAY.com.

WESTON, Fla.--(BUSINESS WIRE)--May 2, 2001

TheSUBWAY.com is pleased to announce the following Investment Opinions on: Masterpiece Technology Group, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:MPTG) Arch Wireless, Inc. (Nasdaq:ARCH), Safe Technologies (OTCBB:SFAD SFAD Small Farmers Agricultural Development Project (St. Lucia)
SFAD Supervising Fire Alarm Dispatcher
SFAD Sap Flow Afternoon Decline
), MicroStrategy Inc., (Nasdaq:MSTR MSTR Microstrategy, Inc (stock symbol)
MSTR Master
MSTR Minneapolis and St. Louis (railroad)
MSTR Master Mode
) and Digital Island, Inc. (Nasdaq:ISLD ISLD International Society for Lasers in Dentistry
ISLD Island ECN, Inc. (stock symbol) 
)

Masterpiece Technologies Group. (OTCBB:MPTG)

Previous Close: .065 1,100,000

Shares: ATTRACTIVE

Masterpiece Technology Group, Inc. (OTCBB:MPTG) yesterday announced they have signed a letter of intent for a capital infusion Capital infusion

Often refers to the cross-subsidization of divisions within a firm. When one division is not doing well, it might benefit from an infusion of new funds from the more successful divisions.
 of $2 million dollars from the Orion Telecomm Operating Corporation (OTOC OTOC Omaha Together One Community (Omaha, NE, USA)
OTOC Order Taking Off Calendar (Workers' Compensation Appeals Board) 
) to fund the launch of their new integrated wireless communication system for healthcare. Terms of the agreement were not disclosed pending final contract. OTOC, developers of a broad band, high speed Wireless Healthcare Information System (WHIS WHIS Whistling
WHIS Whiskeytown National Recreation Area (US National Park Service)
WHIS Waste Handling and Isolation Facility
), will provide the new capital to Masterpiece Technology Group to insure the success of their product launch in this rapidly changing medical marketplace.

With these recent developments CRG CRG Centre for Research on Globalisation
CRG Council for Responsible Genetics
CRG Contingency Response Group
CRG Citizens for Responsible Government
CRG Corporate Renaissance Group
CRG Columbia River Gorge
CRG Consulting Resource Group
CRG Columbia Resource Group
 is staying with our recent target price of $1.00. "This is a stock to watch, we feel the stock is a great buy at .065", stated Chuck Tamburello, President/CEO Capital Research Group Inc.

The WHIS wireless communication system is capable of providing wireless connection speeds in excess of 36 Mbps. In comparison to other internet connections, it's 643 times faster than the current top of the line 56 Kbps modems, 281 times faster than ISDN ISDN
 in full Integrated Services Digital Network

Digital telecommunications network that operates over standard copper telephone wires or other media.
, 141 times faster than DSL DSL
 in full Digital Subscriber Line

Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary
 (at 256 Kbps), and 32 times faster than cable modems (at 1,000 Kbps). In addition to being very fast, the terrestrial range of transmission from a single tower is a very impressive 75 miles as compared to a current cell phone range of only 5 miles. Ranges for the WHIS terrestrial satellite system are effectively unlimited. With the launch of the WHIS technology, hospitals and physicians will finally be able to communicate anywhere instantly. Critical medical records, x-rays, MRI's, CAT scans, pharmacy, laboratory and other life saving information will be available to the physician the moment it is needed.

"This initial $2 million funding will allow Masterpiece Technology to jump start the WHIS program into the US hospital market," stated Dr. Newell Crane, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Masterpiece Technology Group. "We have targeted an initial 2,000 hospitals with our WirelessMD partners and will begin the WHIS rollout by the third quarter."

Arch Wireless, Inc. (Nasdaq:ARCH)

Previous Close: Up 2% to $0.315 on vol. 3,111,100

Shares: ATTRACTIVE

Arch Wireless, (Nasdaq:ARCH) one of the leading wireless Internet messaging and mobile information providers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , announced increased operating results for the first quarter ended March 31, 2001, compared to the year earlier quarter. First quarter results include the operating performance of Paging Network, Inc. (PageNet), which Arch acquired on November 10, 2000. Consolidated first quarter (EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become ) increased 42% to $89.5 million, compared to $63.0 million in the first quarter of 2000.

"We are pleased that Arch's first quarter operating performance met our expectations as the benefits of merger integration savings and two-way subscriber growth began to take hold," said C. Edward Baker Edward Baker may refer to:
  • Edward Dickinson Baker (1811–1861), British-born American senator and soldier
  • Edward Baker Lincoln (1846–1850), son of Abraham Lincoln, named after Edward Dickinson Baker
  • E. C.
, Jr., chairman and chief executive officer. "We believe continued integration-related expense savings - projected to exceed $250 million in 2001 - combined with steadily growing demand for two-way wireless messaging and wireless mobile information services See Information Systems. , will provide considerable momentum for Arch over the balance of the year."

In addition, Arch announced a strategic alliance with Glenayre Technologies Inc. that includes ReFLEX version 2.7 enhancements to Arch's advanced wireless messaging network. The alliance provides for a network upgrade program that will expand Arch's network capacity and increase the speed of message delivery. The planned upgrades to Arch's network also will permit Arch to provide such enhanced service Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information;  offerings as instant messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or  and chat applications. The software upgrades are expected to be completed by year end.

Safe Technologies (OTCBB:SFAD)

Previous Close: Up 32% to $0.025 on vol. 4,545,600

Shares: ACCUMULATE

Michael Posner, President, announced that Safe Technologies International, Inc., (OTCBB:SFAD) had entered into a Letter of Intent with a private Investment Banker Investment Banker

A person representing a financial institution that is in the business of raising capital for corporations and municipalities.

Notes:
An investment banker may not accept deposits or make commercial loans.
, representing Pro:Con A/S. Pro:Con is a leading supplier of e-commerce, mid and back office solutions and neutral ticketing to the travel and related industry. Established in 1985, Pro:Con A/S's consultancy approach, along with their suite of products, has enabled their substantial growth and expectations of continued annual growth. Pro:Con A/S's Estimated Revenues for Y2001 are 23,000,000 USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 with a Net Profit projection of 2,900,000 USD.

Mr. Posner said, "The Letter of Intent specifies that a comprehensive Merger Agreement will be entered into within the next 45 days between Pro:Con A/S and one of SFAD's Internet subsidiaries. The SFAD subsidiary will change its name to Pro:Con A/S. Pursuant to the Merger, the Pro:Con shareholders will exchange their Pro:Con A/S stock for shares in one of the SFAD subsidiaries. After the Merger, the Pro:Con shareholders will own 90% of the SFAD subsidiary, while SFAD will retain an 8% ownership."

Mr. Posner added, "Management feels that this Merger Agreement is a unique opportunity for both Pro:Con A/S and SFAD. The Internet, which is rapidly becoming the preferred distribution channel for travel products, offers considerable potential for Pro:Con A/S, which is able to function as an enabler for the virtual travel market. The Merger will allow SFAD to participate in the growth prospects of Pro:Con A/S." This transaction is still contingent upon completion of Due Diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , which is presently underway.

MicroStrategy Inc (Nasdaq:MSTR)

Previous Close: Up 23% to $5.60 on vol. 3,371,600

Shares: ACCUMULATE

MicroStrategy Inc., (Nasdaq:MSTR) a leading worldwide provider of business intelligence software, announced results for the three month period ended March 31, 2001. The Company reported revenues for the first quarter of 2001 of $51.4 million compared to $50.6 million in the first quarter of 2000. The Company reported a pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts.

The phrase pro forma
 net operating loss operating loss

The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income.
, which excludes certain charges, for the first quarter of 2001 of $23.7 million, or $0.29 per share. This compares with a pro forma net operating loss, also excluding certain charges, for the first quarter of 2000 of $35.4 million or $0.45 per share.

"MicroStrategy is pleased to announce a 33 percent improvement in our pro forma operating results, while posting an increase in revenue from the first quarter of last year during a turbulent time in the technology industry," said Michael J. Saylor Michael J. Saylor was born February 4, 1965, in Lincoln, Nebraska. He received an S.B. in Aeronautics and Astronautics and an S.B. in Science, Technology, and Society from the Massachusetts Institute of Technology. Mr. Saylor was employed by E. I. , chairman and CEO of MicroStrategy Incorporated. Eric F. Brown, president and chief financial officer of MicroStrategy Incorporated, added, "We have successfully taken steps to restructure our business and improve our operating cost structure. The Q1 2001 results reflect continued improvement in this area."

MicroStrategy is a leading provider of business intelligence software for Global 5000 organizations. Since 1990, the company has specialized in helping businesses transform their extensive operational data into actionable information. MicroStrategy's business intelligence platform gives organizations solutions to their query, reporting, and advanced analytical needs, and distributes insight to users via Web, wireless, and voice.

Digital Island, Inc. (Nasdaq:ISLD)

Previous Close: Down 17% to $2.04 on vol. 1,754,200

Shares: ATTRACTIVE

Digital Island, Inc. (Nasdaq:ISLD) announced financial results for its fiscal second quarter ended March 31, 2001. Revenues in the quarter grew four percent sequentially to $32.8 million compared to $31.6 million in the quarter ended December 31, 2000, and increased 190 percent year-over-year. Gross margins improved by four percentage points in the quarter. Total contracted customers totaled 881 as of March 31, 2001.

"The slowdown in both the economy and technology spending resulted in fewer new customer wins during the quarter, but this was offset by strong recurring revenue from our top enterprise customers," said Ruann Ernst, chairman and CEO of Digital Island. "We continue to make substantial progress in penetrating the largest enterprise customers in our key markets of financial services, media and entertainment, and high technology," Ernst said.

Overall, the company increased market share with enterprise customers in two key segments -- Content Delivery and Managed Hosting. Footprint content delivery recurring revenues advanced twenty five percent. The company saw a thirty eight percent increase for its highest end managed hosting product, CustomHost. The Company also announced a cost reduction plan to maintain its path toward profitability. Digital Island has now penetrated 19 of the top 50 companies in its key markets. These include seven of the top 25 Fortune Global 500 financial services companies, six of the top 10 Fortune Global 500 media and entertainment companies, six of the top 10 Fortune Global 500 technology companies.

"Stocks rocketed higher on Tuesday, supported by hopes that the U.S. economy may have found its footing, even with the release of some weaker than expected economic data. The Dow Jones Industrial Average Dow Jones Industrial Average

The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange.
 ended Tuesday's session up 163.37 points, or 1.52 percent, at 10,898.34, more than making up for losses in the previous session, in which it lost 75 points. The Nasdaq Composite Index Nasdaq Composite Index

An index that indicates price movements of securities in the over-the-counter market. It includes all domestic common stocks in the Nasdaq System (approximately 5,000 stocks) and is weighted according to the market value of each listed
 was higher by 52.03 points by the end of trading, or 2.46 percent, to 2,168.27, adding to the 40 points it gained in the previous session," stated Peter Antipatis. More is available at http://www.TheSUBWAY.com.

About TheSubway.com

TheSubway.com, a wholly owned online asset of Capital Research Group, Inc. (CRG) was developed solely for experienced, risk tolerant investors. Subscribers to Subway.com receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known.

About Capital Research Group Inc.

Through TheSubway.com, Capital Research Group (CRG) introduces what in its opinion are undervalued companies to the investment community. Capital Research Group strives to locate companies with enormous growth potential. CRG is a full service public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  / Investor relations Investor relations

The process by which the corporation communicates with its investors.
 firm. For more information about our products or services, please contact CRG at 954-217-9555 or visit us at http://www.thesubway.com.

All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market marker, investment banker, investment advisor Investment Advisor

1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission.

2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and
, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.thesubway.com. CRG has been compensated by third party shareholders or with cash on behalf of one or more of the companies mentioned in this opinion. (800,000 MPTG) CRG intends to sell its shares. CRG has sold approximately 275,000 MPTG shares to date. CRG may sell its shares for less than the target price given in this opinion. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 2, 2001
Words:1981
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