DTMG.OB Sector: Technology...Industry: Computer Services

[setravis]

This stock is moving up nicely.
Just may have some more left in it, looks strong.  
Already broken through the 50-day ans 200-day ma.

[setravis]

BUSINESS SUMMARY   
DataMEG Corp., a development stage company, through its subsidiaries, engages in developing new technologies, software applications, and products primarily serving the telecommunications sector. The company focuses on network assurance products and services, as well as on devices related to high-speed broadband access. It has two products Network Assurance System, and the MPLS Monitor and Test in development. The Network Assurance System would ensure the functionality of communications networks, and automatically determine if the networks are meeting the quality and service expectations of customers. The MPLS Monitor and Test would provide automatic detection and monitoring of a network's equipment, and identification and location of system or equipment failures for new communication technologies. DataMEG was incorporated in 1999 and is based in Boston, Massachusetts.

[setravis]

Volume and the price is moving.


DATAMEG CORP (OTC BB:DTMG.OB) Delayed quote data 

Last Trade: 0.101
Trade Time: 12:17PM ET
Change:  0.008 (8.60%)
Prev Close: 0.093
Open: 0.094
Bid: 0.101 x 5000
Ask: 0.102 x 5000
1y Target Est: N/A

  Day's Range: 0.092 - 0.105
52wk Range: 0.06 - 0.14
Volume: 2,392,175
Avg Vol (3m): 494,772
Market Cap: 29.43M
P/E (ttm): N/A
EPS (ttm): -0.036
Div Yield (ttm): N/A (N/A)

[setravis]

Press Release Source: Datameg


Datameg Launches QoVox Corporation
Monday August 8, 9:00 am ET 
QoVox leverages NECI's technology to deliver a suite of integrated tools and services for VoIP service management


BOSTON--(BUSINESS WIRE)--Aug. 8, 2005-- Datameg Corporation (OTC BB:DTMG.OB - News) today announced that its wholly owned subsidiary, North Electric Company, Inc., changed its name to QoVox Corporation (www.qovox.com) to better reflect its core business of helping service providers assure the quality of Voice over Internet Protocol (VoIP) and other next generation IP-based services. This announcement is another in a series of milestones marking Datameg's aggressive moves to create a top flight organization and build-out and deliver an integrated suite of tools and services for VoIP service management for service providers worldwide.


QoVox's mission is to become a leading provider of network monitoring and fault isolation tools and services for next generation networks and services. QoVox aims to partner with leading communications technology companies to deliver a broad suite of integrated systems and services for verifying connectivity, measuring voice quality and isolating and diagnosing network problems. QoVox's solutions will help service providers achieve and maintain optimal levels of service performance, increasing customer satisfaction and loyalty and operating the networks and services more efficiently.

"VoIP must be delivered with the reliable quality that end-users have grown to expect with traditional circuit-switched telephony. Therefore, network performance monitoring for voice quality is a key enabler of next-generation network services, such as VoIP. QoVox provides tools and services to measure voice quality that helps service providers attract and retain customers," said Mark McGrath, Datameg's president and chief executive officer. "Service providers need to know about voice services degradations and failures before they occur, and isolate problems before they become an issue for paying customers. QoVox has the products and service to meet that challenge."

QoVox's Active Voice Quality Test System enables service providers to perform network-wide fault identification, fault isolation and voice quality service assurance. The QoVox solution suite performs routine and consistent voice quality and availability sampling by seamlessly interacting with a variety of voice network interfaces present in disparate voice networks. QoVox's Active Voice Quality Test System supports up to four types of test interfaces to keep costs down with maximum flexibility, and can be placed at switch sites, gateway sites or customer locations. Platform test interfaces include SS7 trunks, CAS trunks, PRI ISDN, POTS lines, SIP telephones and IP data circuits.

About QoVox

QoVox Corporation is pioneering the development of network monitoring and fault isolation tools and services for next generation network services. QoVox's solutions include network-wide fault identification, fault isolation and voice quality assurance products and services. With QoVox, service providers can deliver new applications, such as VoIP, with the reliability and quality that end-users have grown to expect from traditional circuit-switched telephony. QoVox is a wholly-owned subsidiary of Datameg Corporation and is headquartered in Raleigh, North Carolina. For more information, please visit www.qovox.com.

About Datameg

Datameg Corporation (OTC BB:DTMG.OB - News) is a development stage technology company focused on supplying products and related services that support critical network performance requirements in the rapidly converging voice, data and video communications industry. Specifically, through Datameg's wholly owned subsidiary QoVox Corp., the company designs, develops and offers network-wide fault identification, fault isolation and voice quality assurance products and critical real-time network health and performance monitoring services for both providers and end-users of Internet telephony, now commonly referred to as Voice over Internet Protocol (VoIP). The VoIP industry critically depends on the ability to deliver voice service over the Internet infrastructure with the high quality that end-users have grown to expect with traditional telephony services. The company believes network monitoring for voice quality is a vital function for the successful commercial future of IP telephony.

Certain statements contained herein are forward looking. These forward looking statements are based on our current expectations and are subject to a number of risks, uncertainties and assumptions. Many factors could cause actual results to differ significantly from these statements, including our history of operating losses, our need for additional financing, a failure of our products to perform as expected, introduction of competing products by other companies, pressures on prices from competitors and/or customers, regulatory obstacles to new product introductions, lack of acceptance of our products, and changes in the VoIP industry. These risks, uncertainties and assumptions are detailed in documents filed by us with the Securities and Exchange Commission.



--------------------------------------------------------------------------------
Contact:
     Boston Communications
     Constantine Theodoropulos
     617.619.9801
     [email protected]



--------------------------------------------------------------------------------
Source: Datameg

[J.Livermore]

it looks nice ! applaud !

[setravis]

Thanks JL
An applaud from you is worth something!!!!!

[setravis]

Still moving to the upside...Had a good day.

[setravis]

Moving nicely.......

***************************************************************

DATAMEG CORP (OTC BB:DTMG.OB) Delayed quote data 

Last Trade: 0.144
Trade Time: 11:29AM ET
Change:  0.02 (16.13%)
Prev Close: 0.124
Open: 0.123
Bid: 0.139 x 5000
Ask: 0.145 x 5000
1y Target Est: N/A

  Day's Range: 0.012 - 0.144
52wk Range: 0.06 - 0.14
Volume: 1,999,315
Avg Vol (3m): 652,453
Market Cap: 41.97M
P/E (ttm): N/A
EPS (ttm): -0.036
Div Yield (ttm): N/A (N/A)

[setravis]

Sweet...
A beautiful run up.

[setravis]

After a dip...This could be coming into play.
Nice volume.

[setravis]

Made a nice money run the first go.
Has pulled back to support at 0.08, possible to make another go.
Support @ 0.08...0.07...0.06
Resistance @ 0.09...0.10...0.11
MACD is bullish
Stochastic is bullish

[setravis]

Watch it...something may be cooking again!

[gmarc66]

Hey Setravis....I gues this was the morning news that caused the price increase today

I hope you've been playing the waves

September 28, 2005 - 8:01 AM EDT     


Datameg Retains Aspire Communications for Investor Relations

Datameg Corporation (OTCBB:DTMG) today announced that it retained Aspire Communications, Inc. to spearhead Datameg's investor relations efforts. Aspire Communications will communicate Datameg's value proposition and investment theme through programs that raise awareness and support for Datameg with the investment community. Aspire is a Boston-area based investor relations and public relations consulting firm with recognized expertise in technology, energy, financial services and medical products. James J. Flanagan III, Aspire's President and CEO, will lead the Datameg IR team. Flanagan will be the primary contact for Datameg's shareholders and prospective investors.

"The addition of Aspire to our team will alleviate the increasing time and energy demands placed on key personnel that should otherwise be focusing on our core competency - developing and delivering service monitoring and fault isolation tools and services for next generation network services," said Datameg Chairman, Chief Executive Officer and President, Mark P. McGrath. "As Datameg enters its go-to-market stage, we will require the guidance and advice of Aspire, a professional IR firm, to ensure that our messages and successes are communicated to the capital markets."

"Datameg's new vision and the exciting business opportunity and growth potential are essential messages for the investment community," said Jim Flanagan. "I spent the early days of my career working for GTE in many phases of the telecommunications industry including wireline, satellite, local exchange and cable systems. Later, I consulted to early providers of Voice over Internet Protocol (VoIP) and large Internet infrastructure companies so I know the business models, operations and investor interests. It took me little time to realize Datameg's potential to provide both its technologies and services to next generation service providers. I want to communicate that exciting story to investors."

About Aspire

Aspire Communications, Inc is a Boston-area based investor relations and public relations consulting practice. Aspire provides executive level experience and big agency know-how to growth-oriented companies. Aspire combines capital market and financial executive experience with engineering and editorial experience to deliver sound counsel to senior executives and unique insights to the press and investors.

About Datameg

Datameg Corporation (OTCBB: DTMG) is an emerging company focused on supplying products and related services that support critical network performance requirements in the rapidly converging voice, data and video communications industry. Specifically, through Datameg's wholly-owned subsidiary QoVox Corporation, the company designs, develops and offers network-wide fault identification, fault isolation and voice quality assurance products and critical real-time network health and performance monitoring services for both providers and end-users of Internet telephony, now commonly referred to as Voice over Internet Protocol (VoIP). The VoIP industry critically depends on the ability to deliver voice service over the Internet infrastructure with the high quality that end-users have grown to expect with traditional telephony services. The company believes network monitoring for voice quality is a vital function for the successful commercial future of IP telephony.

[setravis]

Hi Julia,
Yes I rode that July-August run up.....it was a nice one.
Watching it here.... may be good for another play, we shall see!

[setravis]

Made a run....Then gave it all back.
Let's see what is up now.