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BUYINS.NET: HBRF, HYBR, INBG, SOLN, SSWC, WGAT Have Also Been Removed From Naked Short List Today

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M2 PressWIRE, May 9, 2008 Friday



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RDATE:09052008

BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: Highbury Financial Inc. (OTCBB: HBRF), Hybrid Technologies Inc. (OTCBB: HYBR), International Building Technologies Group Inc. (OTCBB: INBG), Smart Online Inc. (OTCBB: SOLN), SpeechSwitch Inc. (OTCBB: SSWC), Worldgate Communications Inc. (OTCBB: WGAT). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net.

Highbury Financial Inc. (OTCBB: HBRF) an investment management holding company, through its subsidiary, Aston Asset Management LLC, provides permanent capital solutions to mid-sized investment management firms in the United States. It offers permanent equity capital to fund buyouts from corporate parents, buyouts of founding or departing partners, growth initiatives, and exit strategies for private equity funds. The company was founded in 1993 and is based in Denver, Colorado. With 9.13 million shares outstanding and 176,000 shares declared short as of April 2008, there is no longer a failure to deliver in shares of HBRF. According to quarterly data provided by the SEC, there were still 13,096 shares of HBRF that were failing-to-deliver as of September 28, 2007.

Hybrid Technologies Inc. (OTCBB: HYBR) a development stage company, engages in the development and marketing of electric powered vehicles and products in the United States. It involves in developing the portable battery power pack technology and effecting vehicle conversions from conventional power systems to electric power systems. The company, through its subsidiary, Zingo, Inc., offers telecommunications services to business and residential customers utilizing voice over Internet protocol technology. It focuses on the provision of these services in Canada, Central and Latin America, Europe, and various other countries in Asia. The company was founded in 2000. It was formerly known as Whistler Investments, Inc. and changed its name to Hybrid Technologies, Inc. in 2005. Hybrid Technologies is based in Las Vegas, Nevada. With 15.65 million shares outstanding and 83,300 shares declared short as of April 2008, there is no longer a failure to deliver in shares of HYBR.

International Building Technologies Group Inc. (OTCBB: INBG) engages in the manufacture and sale of building panels used in construction worldwide. It also provides site planning, architectural and engineering services, contractor services, materials, equipment, training, and supervision. The company is based in Alameda, California. With 113.09 million shares outstanding and 117,900 shares declared short as of April 2008, there is no longer a failure to deliver in shares of INBG.

Smart Online Inc. (OTCBB: SOLN) engages in the development and marketing of Software-as-a-Service (SaaS) products and services. It provides SaaS applications for business management, Web marketing, and e-commerce, which include e-commerce applications designed to give customers the ability to conduct their business online, as well as Website design and launch, inventory query, shopping cart, financial transactions, shipping, domain name registration, and business to business communication for small businesses. The company also offers sales force automation/customer relationship management products to create standardized processes to define their sales approach, create marketing plans, and monitor and guide sales activities; business dashboard that provides a snapshot of real-time business information; accounting, which is targeted for users to create and maintain their accounting records online in a secure fashion; human resource center that enables companies to manage their daily human resource needs; calendar, a full function online calendar; and contacts that provides users with an online business contact management system. In addition, it offers various business tools through its Web site comprising business plan writer, business letters, business and legal forms, marketing plan writer, job description writer, employee policy manual writer, government forms, and business guides, as well as provides consulting services. Further, the company offers business consulting, graphics design, Web site content syndication, specialized compensation calculation, inventory management, personalized email creation, express package tracking, business plan writing, e-commerce tax services, email marketing, Web analytics, warehouse order fulfillment, and business and personal calculators. It sells its products and services primarily through private label marketing partners. The company was founded in 1993 and is based in Durham, North Carolina. With 18.18 million shares outstanding and 4,700 shares declared short as of April 2008, there is no longer a failure to deliver in shares of SOLN. According to quarterly data provided by the SEC, there were still 35,264 shares of SOLN that were failing-to-deliver as of September 28, 2007.

SpeechSwitch Inc. (OTCBB: SSWC) engages in the development, marketing, and licensing of automated speech attendant software, which runs on industry-standard hardware and performs speech recognition in North America. The company offers speech-enabled auto attendant, name dialer, and speech software developer's kit (SDK) products. Its products help to recognize what a person says, and through the use of natural language understanding, derive the meaning of what is said. SpeechSwitch's speech-enabled auto attendant product engages callers in a natural language dialog and transfer a caller to an extension for the party the caller is trying to reach. The company's name dialer product is an automatic phone dialing system that imports necessary contact information for dialing from various sources. It offers SDK for software application developers, which provides the ability to convert common command and control functions to speech commands. The SDK allows software developers to write applications that can treat a user's voice as an input device. This product can also be used to incorporate speech recognition into games, handheld devices, and even household appliances. The company offers a range of support services that enable its customers and channel partners to develop voice-driven applications that use the company's software. It serves businesses, organizations, and corporate departments that use telephones as a principal means of communications. SpeechSwitch markets, promotes, and sells its speech-enabled products through telephony reseller channels, as well as sells directly to end users. The company was incorporated in 2004 and is based in Matawan, New Jersey. With 899.29 million shares outstanding and 969,900 shares declared short as of April 2008, there is no longer a failure to deliver in shares of SSWC. According to quarterly data provided by the SEC, there were still 29,750 shares of SSWC that were failing-to-deliver as of September 28, 2007.

Worldgate Communications Inc. (OTCBB: WGAT) engages in the design, manufacture, and distribution of personal video phones in the United States and internationally. It offers Ojo video phones for in-home and business, personal video communication. The company's video phones are designed for use on the high speed data (HSD) network infrastructure primarily for video calls, ordinary voice only calls, and voice over Internet protocol calls. WorldGate Communications markets its products to HSD network operators, as well as to consumers through consumer electronics distribution channels. The company was founded in 1995 and is headquartered in Trevose, Pennsylvania. With 57.79 million shares outstanding and 455,200 shares declared short as of April 2008, there is no longer a failure to deliver in shares of WGAT. According to quarterly data provided by the SEC, there were still 13,369 shares of WGAT that were failing-to-deliver as of September 21, 2007.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted, www.buyins.net/squeezetrigger.pdf. The SqueezeTrigger database of nearly 1,950,000,000 short sale transactions goes back to January 1, 2005, and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005, because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET 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. 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. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET may receive compensation in cash or shares from independent third parties or from the companies mentioned.

BUYINS.NET 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. Market commentary provided by Thomas Ronk.

BUYINS.NET 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.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.

You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.

CONTACT: Thomas Ronk, CEO, BUYINS.NET Tel: +1 800 715 9999 e-mail: Tom@buyins.net WWW: http://www.buyins.net

((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).


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