Wall Street News Alert: OGHC Acquires Leading System Integrator of Computer Hardware!

Wall Street News Alert's "stocks to watch" this morning are: On the Go Healthcare, Inc. (OTC BB: OGHC), Vitesse Semiconductor (NASDAQ: VTSS), Merck & Co., Inc. (NYSE: MRK) and Aastrom Biosciences, Inc. (NASDAQ: ASTM).

Aggressive investors and traders will be excited about the latest news from On the Go Healthcare, Inc. (OTC BB: OGHC). Friday after the markets closed, the company (a leading manufacturer, marketer and distributor of innovative baby products and computer hardware, software and supplies VAR) issued a press release announcing that that it acquired Helios/Oceana Ltd., a leading system integrator of computer hardware and software with customers in the entertainment, education, print and publishing industries in an all-cash transaction. Terms were not disclosed.

This could be more great news for investors! According to the press release, Helios established a profitable position and booked sales revenue in excess of CDN $5 million for the year ended May 31, 2004. Helios has also consistently recorded more than CDN $5 million in sales for each of the previous 4 years -- as On the Go has been working towards this acquisition for some time and believes that Helios' profitability will be further enhanced when they cut overhead expenses by soon moving operations into On the Go offices, newly built for their purposes.

Investors watch this one! "We've been familiar with, and have much respected, Helios' work integrity and position in the market for some time now, so it's with great pride that we confirm this acquisition," commented Stuart Turk, Company President and Chief Executive Officer. "Helios is indeed not only a great complement to our multimedia efforts and IT division, Compuquest, especially in terms of partnerships and VAR offerings, but will also be a strong contributor to our financial year end, and we believe they will put us over our original target of CDN $10 million in revenue."

For more in-depth coverage of On the Go Healthcare, visit http://216.63.242.254/OGHC0206.htm

Prior to Friday's press release, the stock closed at around $1.86 a share.

In case you are not familiar with the companies: On The Go Healthcare, Inc. (www.onthegohealthcare.com) manufactures markets and distributes a line of products focused on a child's early years. On the Go's signature products include the new Baby Bath and its Padded Training Seat, an ergonomically designed and cushioned seat placed on top of adult toilet seats to help toddlers with potty training.

Helios/Oceana was founded in 1993 and based in Toronto, Canada -- partner companies in New York, Washington and Buffalo. Helios/Oceana, www.heloc.com, is a national leader in providing complete packages for situations demanding of innovative digital imaging solutions and visualization capabilities. Sample clientele include production studios CORE Digital Pictures and IMAX Corp, renowned advertising/marketing agency BBDO (Canada), national television networks Canadian Broadcast Corporation, CTV, Alliance Atlantis and YTV, and post secondary principals McMaster University and Sheridan College. Helios/Oceana is also the integration partner of choice of digital hardware and software technology leaders. They are Canada's premier reseller of Alias/Wavefront software and a preferred digital solutions provider to IBM, HP and SGI. Other software partners include Discreet, 2D3, Adobe, Xinet, Dalim and Flashnet.

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Now a wholly owned division of On the Go Healthcare, Vital Baby Innovations ('Vital Baby'), established in 1998 as a Canadian company, researches and develops safe and pioneering products for parents and children. Vital Baby is the exclusive Canadian distributor of the Heinz Baby Basics Feeding Accessories and has distribution rights for Sudocrem, available at more than 3,600 retail locations across Canada. For more information, visit www.vitalbaby.com.

On the Go Healthcare's division Compuquest is a value added reseller of computer hardware, software, peripherals, and supplies. Compuquest (www.compuquest.com) serves hundreds of clients in the U.S. and Canada, including Fortune 100 corporations, hospitals, government ministries, universities, banking and insurance bodies, and law and accounting firms. Compuquest has won the Consumers' Choice Gold Award for Best Business Computer Dealer for eight consecutive years.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Vitesse Semiconductor (NASDAQ: VTSS) up 7.6% on 8.6 million shares traded, Merck & Co., Inc. (NYSE: MRK) down 0.2% on 8.7 million shares traded and Aastrom Biosciences, Inc. (NASDAQ: ASTM) down 3.2% on 9 million shares traded.

Commentary:

"Home builders have been among the best performing stocks over the last several years as consumers took advantage of historically low mortgage rates. But with monthly data suggesting a slowdown in sales of new homes and economists predicting an eventual rise in rates, it may be time to eye these stocks more critically," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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