Skylab Global Investments initiates coverage on Speechswitch Inc. (SSWC)

PRLog (Press Release) - Jun 14, 2010 -
Speechswitch Inc. (PINKSHEETS: SSWC) has burst into life after the company issued a Press Release dated June 7, 2010 in which Ken Glynn, President of the company announced that he has reduced the company's debt by more than $450,000 by conversion of debt to restricted Class A and Class B stock. Furthermore, Mr. Glynn announced that the company has not been involved in the speech recognition system business for more than a year and is now devoted to the development and sale of products in four SSWC categories, including Solar power systems, Solar Products, Wind turbine systems and other "Creative Products". More interesting was the announcement that the expansion of the Kenergy Scientific Group within the company, which will select novel and creative products for sale by Speechswitch under Kenergy Scientific brand, with current plans to launch a series of products beginning early in July 2010.

Shares of the company since the June 7, 2010 Press Release have risen from .0005 to a close of .0036 on June 11, 2010 an increase of more than 300%. The average volume has increased exponentially since the announcement as well and topped out at just about 354.8 million shares exchanging hands this past Friday (June 11, 2010), while the interest being shown by investors, traders and individuals across the investment community; including high traffic and popular chat-room and forums
has also been on the rise.

With so much interest and such a sharp increase in the companies price per share in the recent week, one can make an educated guess that the news released on June 7, 2010 has been taken very well by the investment community and with anticipation building for more news to come in the coming week(s) from the company with regards to their product launch and update(s) regarding their Solar power systems, Solar Products, Wind turbine systems and other "Creative Products" the momentum could carry shares of the company higher.

Currently, the stock is on high alert and watch at Skylab Global Investments as we are anticipating more news to come from the company in the coming week(s).

About Skylab Global Investments:

Skylab Global Investments (http://www.skylabglobalinvestments.com) is an emerging leader in providing the investment community with free timely alerts to some of the fastest moving, hottest and most talked about stocks in the small to micro cap markets. Skylab Global Investments strives to bring members winning alerts on a consistent basis and provide those alerts first before anyone else.

Information set forth in this press release contains various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," 'should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

Skylab Global Investments has received no compensation for this coverage on Speechswitch Inc. (SSWC) rather we have initiated our own independent coverage of the stock and company.

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