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Taglich Brothers Initiates Coverage
of Manaris Corporation
NEW YORK, August 2, 2007 – Taglich Brothers, Inc.
announces it has initiated coverage of Manaris Corporation (OTCBB:
MANS).
Manaris Corporation operates two wholly-owned
subsidiaries. The Avensys subsidiary, through its manufacturing division
Avensys Technologies, designs, manufactures, distributes, and markets
high reliability optical components and modules, as well as FBGs for the
telecom market and high power devices and sub-assemblies for the
industrial market. Avensys is also a developer of packaged fiber-based
sensors. Avensys Solutions is a provider of environmental monitoring
solutions in the Canadian marketplace. The C-Chip Technologies
subsidiary licensed its technology to its technology partner iMetrik
Inc, whereby, C-Chip will receive royalties from iMetrik for its
worldwide sales of GSM-based "locate and disable" products into the "Buy
Here Pay Here" used car market.
The complete 22-page report is available at
www.taglichbrothers.com.
Taglich Brothers, Inc. is a full-service broker dealer
focused exclusively on microcap companies. The Company defines the
microcap segment of the equity market as companies with less than $250
million in market capitalization. Taglich Brothers currently offers
institutional and retail brokerage services, investment banking and
comprehensive research coverage to the investment community. We do not
undertake to advise you as to changes in figures or our views. This is
not a solicitation of any order to buy or sell. Taglich Brothers, Inc.
is fully disclosed with its clearing firm, Pershing, LLC, is not a
market maker and does not sell to or buy from customers on a principal
basis. The above statement is the opinion of Taglich Brothers, Inc. and
is not a guarantee that the target price for the stock will be met or
that predicted business results for the company will occur. There may be
instances when fundamental, technical and quantitative opinions
contained in this report are not in concert. We, our affiliates, any
officer, director or stockholder or any member of their families may
from time to time purchase or sell any of the above-mentioned or related
securities. Analysts and members of the Research Department are
prohibited from buying or selling securities issued by the companies
that Taglich Brothers, Inc. has a research relationship with, except if
ownership of such securities was prior to the start of such
relationship, then an Analyst or member of the Research Department may
sell such securities after obtaining expressed written permission from
the Director of Research. As of the date of this report, we, our
affiliates, any officer, director or stockholder, or any member of their
families do not have a position in the stock of the company mentioned in
this report. All research issued by Taglich Brothers, Inc. is based on
public information. Taglich Brothers, Inc. does not currently have an
Investment Banking relationship with the company mentioned in this
report and was not a manager or co-manager of any offering for the
company within the last three years. The company paid for the creation
and dissemination of research reports for the first year a monetary fee
of $18,960 (USD) on April 2007, and after the first year of publication
will pay a monthly monetary fee of $1,750 (USD) to Taglich Brothers,
Inc., for the creation and dissemination of research reports. |
