need info on company how many shares on float???????????

Latest Quote


Last: 0.130
High: 0.130
Low: 0.090
Open: 0.090
Change: +0.05
Volume: 1,642,900


Bid: 0.090
Ask: 0.130
Bid/Ask Size: N/A


52 Wk High: 0.375
52 Wk Low: 0.050
%Change: 62.5%


Market Cap: N/A
Price/Sales: N/A
EPS: $0.00
P/E Ratio: N/A


Market Data Powered By ComStock
06/10/04 - 1:03 p.m. Eastern -- 15-20 min Quote Delay

Last 10 trades


Time Price Volume Exchange Info


12:48:00 0.130 1000 OTC BBS at Ask
12:47:56 0.120 5000 OTC BBS
12:45:47 0.130 5000 OTC BBS at Ask
12:45:46 0.130 5000 OTC BBS
12:45:43 0.120 3000 OTC BBS at Ask
12:45:43 0.120 5000 OTC BBS at Ask
12:45:39 0.120 5000 OTC BBS at Ask
12:45:18 0.120 7300 OTC BBS at Ask
12:45:18 0.120 6000 OTC BBS at Ask
12:45:18 0.120 35000 OTC BBS at Ask

Anyone have an update on the spin off? Sciax Defense?

From Sparky: Saturday 04/03/04 10:45 pm cst

Sparky's Thoughts About UGMI ...

It was on March 15th, fifteen sessions ago, that Sparky recommended the accumulation of UGMI shares. For about a week before this, and on a daily basis ever since, Sparky has closely monitored UGMI's Level II and overall trading.

That said, Sparky figures way too many UGMI shares have allegedly changed hands during the past three weeks!

Let's start with the basics: UGMI has about 40 million shares outstanding, and a float of about 17 million, of which only around 10 million are supposedly free trading.

In the full year before 03/15/2004, a total of almost 59 million UGMI shares had changed hands.

But in just the past 15 sessions, which is only about 6% of a full year, over 13 million shares have supposedly traded. Expressing this another way, the 13 million shares that have changed hands in the past 3 weeks amounted to almost one quarter of all the UGMI shares that changed hands in the previous 12 months!

Now if UGMI shares had closed last Friday at over 30 cents, Sparky wouldn't have a problem with all this recent volume. But in the absence of such a price spike, Sparky's got to think something very strange is going on!

And if there isn't anything strange going on here, then why has there been enough trading volume to cause almost a complete shareholder rotation; when no such complete rotation has happened?

Sparky thinks there's only one feasible explanation:


Excessive & Aggressive Shorting Of UGMI Shares!


Now when looking back at the past 3 weeks, one might rightfully ask, who the hell would short the stock of a company that is attracting heightened volume and is releasing promising news?

Sparky's answer: Someone, or some entity, that had far larger short positions to cover and worry about, like ones totalling somewhere between 4 and 6 million shares, ones established no doubt between October and December of 2003.

Look at a UGMI chart! Where else did all that volume come from last October, and again in December?

If Sparky's observation is correct, and he sure thinks it is, then an awful lot of garbage needs to be cleaned up here real fast.

Over the coming week, therefore, Sparky expects to see some significant short covering, added volume that present demand levels simply cannot accommodate without a sizable price spike.

Conclusion: UGMI Shares Will See At Least 25 Cents This Week!

Sincerely,

Sparky

From Sparky: Thursday 04/01/04 8:28 am cst

Wednesday's Post-Market News Was VERY Significant ...

Remember, announcing the receipt of an order from the Canadian Dept of National Defence (DND) is like getting a foot in the door of the US Dept of Homeland Security.


Think About That!


Sparky thinks UGMI share prices are about to literally explode. At 13 or 14 cents, these shares will be remembered as a STEAL!

Just Watch!

Sparky

Sciax Announces Sale to Air Canada for Military Maintenance Contract
Wednesday March 31, 4:05 pm ET


BAY CITY, Mich. and TORONTO, March 31, 2004 (PRIMEZONE) -- UgoMedia Interactive Corp. (Other OTC:UGMI.PK - News) (name change to Sciax Corporation pending) announced today it has received an order from Air Canada for endoscopic inspection equipment used in aircraft maintenance performed under contract for the Canadian Department of National Defence (DND). ``We expect that synergies between our defence and security business, and our industrial maintenance business will present us with good opportunities for maximizing value for the company from our military customer base,'' stated Ken Smart, President and founder of Sciax. Air Canada has a long term contract to provide maintenance services for the DND fleet of Airbus A310 aircraft.
ADVERTISEMENT


Endoscopes, also called, borescopes, fiberscopes or videoprobes, are used in remote visual inspection applications by a variety of security and industrial users. In industry, endoscopes are used primarily by aerospace, oil and gas, manufacturing, and power generation companies. Endoscopes enable users to visually inspect hidden or inaccessible areas in circumstances where viewing with the unaided eye would be difficult or impossible. The opto-electronic technology used in industrial endoscopes is very similar to that of medical instruments which are increasingly employed in diagnostic procedures and minimally invasive surgery. Endoscopes have several security applications where they are useful in conducting contraband searches, covert surveillance, and physical security operations. Traditional industrial markets employ endoscopes in research and development, maintenance, and quality control environments.

The Sciax Wolf Pack(tm) is a highly modularized opto-electronic remote viewing system used by law enforcement and military personnel. The reconfigurable, multi-operational design of Wolf Pack makes the system ideal for many applications in physical security, drug and contraband interdiction, tactical response and protective security. Wolf Pack electronics and optical components are built to high standards of durability, allowing successful deployment in harsh conditions that would prohibit the use of many conventional imaging systems.

About Sciax

Sciax is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of UgoMedia Interactive Corporation (Other OTC:UGMI.PK - News). A name change from UgoMedia Interactive Corp. to Sciax Corporation is pending.

Sciax is the manufacturer of Wolf Pack, the company's tactical remote viewing system used by law enforcement and military organizations in North America and Europe. Customers include, military and law enforcement agencies of the U.S. and German Governments, contraband interdiction units of Canada Customs, and LAPD-SWAT.

Sparky's Picks web page updated: Tuesday 03/30/04

UGOMEDIA INTERACTIVE CORP (UGMI) @ Around 14 Cents
Timing Is Everything!

As a result of the horrific New York City terrorist attack on September 11, 2001, and because of all the worldwide security-related precautions that have since been implemented, planned, budgeted, and scheduled; Sparky thinks that UGMI is in the right place at the right time.

Since September 11, 2001, we’ve each seen hundreds of examples of what’s becoming commonly termed "homeland security." After all, we Americans were savagely attacked, a civilian target on our own soil, and thousands perished on national television.

An unimaginable event happened, and for reasons that could better be explained by sociologists, the vast majority of our great nation’s population instantly adopted an urgent “something must be done” attitude.

Washington’s response to this public outcry was the Dept Of Homeland Security, along with its fiscal 2001–2003 budgets of $ 17 billion, $ 29 Billion, $ 39 billion respectively. Similarly, the Council Of Economic Advisers estimates that the private sector is now spending an extra $ 55 million a year on security. Added annual costs at the state level are estimated by the National Governors’ Assoc to now be over $ 6 billion. And, according to the US Conference Of Mayors, our nation’s cities are now spending over $ 3 billion a year on added security.

Add up all those billions and you’ll see that over $ 100 billion is going to be spent on homeland security in the next 12 months – and that’s just in the USA!

This brief history and description of what’s now the Homeland Security Industry is what Sparky considers the very desirable demand side of the UGMI equation.

On the supply side we have Sciax, a company started by a brilliant inventor named Ken Smart. Through a reverse takeover of UgoMedia Interactive Corp, a NASDAQ shell, the company trades under the symbol UGMI, and a name change to Sciax Corporation is now pending. Ken Smart serves as Sciax’s able President and Nitin Amersey, a respected financier, serves as Chairman & CEO.

In the company’s own words, Sciax is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax is also the manufacturer of Wolf Pack, the company’s tactical remote viewing system used by law enforcement and military organizations in North America and Europe. Customers include military and law enforcement agencies in the US and German governments, contraband interdiction units in Canada Customs, and LAPD SWAT.

Elsewhere on this site, kind members have already written many posts that contain more info, even videos, about Wolf Pack and other UGMI products. Sparky urges you to check these out – it’s all fascinating!

Please note that the above points Sparky wanted to express at this juncture are more conceptual in nature than analytical. But along these lines, UGMI is currently working diligently with its new accountants and expects to be current with its SEC filings in the very near future. At that time, especially if income-related news is released in the interim, Sparky will offer a far more analytical review and outlook.

For now, however, Sparky urges his Readers to focus on the shear size of this new and growing Homeland Security Industry, the industry within which UGMI is so nicely situated.

As for UGMI shares, there are about 40 million outstanding, a free trading float of about 17 million, and an actual trading float closer to 10 million. Over the past 12 months, UGMI shares have seen a closing high of 32 cents last July and a closing low of 5.5 cents just a few weeks back. Volume over the same period totaled about 58.6 million shares, which approximates six complete rotations of available free trading shares.

Looking just at the last few weeks’ trading, Sparky’s made a few potentially significant observations. For one, please note that UGMI share prices rose rather quickly over six sessions from 5.5 to 16 cents, a gain of 173%, on only slightly heightened volume that totaled about 2.9 million shares. Given the relatively small size of UGMI’s free trading float, this didn’t come as any huge surprise to Sparky.

What has come as a huge shock, however, is what's happened since. Specifically, about seven million additional UGMI shares have changed hands, and despite one intraday spike over 20 cents, they closed yesterday at 14 cents.

The first explanation that comes to Sparky’s mind would be aggressive short selling – which has the effect of flooding the market with electronic shares that are apparently available – shares that essentially compete with any real shares being sold. This would not only explain why an increased amount of volume produced very little price gains, but it would also explain why certain brokerage firms (SCOTTRADE, to name one) seem to be refusing to fill buy orders.

If shorting has been as prevalent as Sparky thinks it has been lately, then so much the better! For if all that volume around 16 cents was in fact shorting, not an actual seller, then Sparky thinks it was perhaps an attempt to set up a drive-down-to-cover situation that no doubt involves a far bigger short position than the 2 to 2.5 million share position created just last week. And this would be better still!

But completely aside from a potentially interesting short squeeze situation, Sparky’s also real confident that UGMI isn’t too far away from reporting impressive sales progress on several of many fronts.

What we have here is an excellent combination of popular, high quality products; a very capable management team that’s been tenaciously working on many projects; and a new and growing industry that’s only three years old but is already huge!

For all the above reasons, Sparky urges his readers to immediately accumulate UGMI shares anywhere near current price levels. You will be glad you did!

Sciax Completes Plans to Broaden Supplier Base

Tuesday March 30, 6:00 am ET

BAY CITY, Mich. and TORONTO, March 30, 2004 (PRIMEZONE) -- UgoMedia Interactive Corp -- (Other OTC:UGMI.PK - News) (name change to Sciax Corporation pending) -- announced today that it has now qualified multiple suppliers for the manufacture of most components used in the Company's Wolf Pack system. ``It has been an important priority for us to complete this process. Shareholders and customers can be confident that we are making every effort to ensure that a failure of supply from one subcontractor will have minimal effect on our ability to manufacture adequate product inventory,'' stated Ralph Manore, Vice President of Operations for the Company.

The Sciax Wolf Pack is a highly modularized opto-electronic remote viewing system used by law enforcement and military personnel. The reconfigurable, multi-operational design of Wolf Pack makes the system ideal for many applications in physical security, drug and contraband interdiction, tactical response and protective security. Wolf Pack electronics and optical components are built to high standards of durability, allowing successful deployment in harsh conditions that would prohibit the use of many conventional imaging systems.

Ken Smart, President of Sciax commented, ``Our expanding network of subcontractors, in addition to our in house expertise, provides us with security of supply as well as providing a higher degree of scalability in manufacturing as sales volumes dictate.''

http://biz.yahoo.com/pz/040330/54966.html

From Sparky: Sunday 03/28/04 8:50 pm cst

Sparky Agrees,

But also thinks naked shorting may also indirectly prove to be yet another reason why we've seen so much retrenchment and filling in the past few weeks.

If in the next week or two UGMI shares don't plow right thru 20 cents, Sparky will step back up to the plate and eat some crow.

But if Sparky's right, the heightened volume associated with recent and upcoming sales-related news will combine with demand generated by those trying to cover.

Also, if the recent spate of shorting was to cap an advance that was threatening an even bigger short position, and Sparky thinks it was, then we could see a real explosive situation that should bring the 30-cent area into view sooner rather than later.

Sparky thinks that UGMI is in the right place at the right time and that UGMI shares should be aggressively accumulated.

Trade Well,

Sparky

Sciax Achieves Major Development Milestone

Wednesday March 24, 10:55 pm ET


BAY CITY, Mich. and TORONTO, March 24, 2004 (PRIMEZONE) -- UgoMedia Interactive Corp (Other OTC:UGMI.PK - News) (name change to Sciax Corporation pending) announced today that its R&D group has completed development of a new computer control architecture for the Company's Wolf Pack(tm) tactical remote viewing system.

Ken Smart, President and Founder of Sciax, commented, "The completion of this technology development enhances our ability to introduce sophisticated new modular components for Wolf Pack while maintaining our commitment to full compatibility with customer systems currently in the field." He added, "We have spent significant time and effort in the development of this technology solution and plan to file for patent protection on this intellectual property where and when appropriate."

The Sciax Wolf Pack is a highly modularized opto-electronic remote viewing system used by law enforcement and military personnel. The reconfigurable, multi-operational design of Wolf Pack makes the system ideal for many applications in physical security, drug and contraband interdiction, tactical response and protective security. Wolf Pack electronics and optical components are built to high standards of durability, allowing successful deployment in harsh conditions that would prohibit the use of many conventional imaging systems.

http://biz.yahoo.com/pz/040324/54763.html

From Sparky: Tuesday 03/23/04 10:34 pm cst

This Is A Very Interesting & Informative Post Scoeman!

And for those of you who don't under stochastic analysis, what it's measuring is whether trades are happening closer to Best Bid (which indicates selling, hence weakness) or closer to Best Ask (which indicates accumulation, hence strength).

Since the AGIS selling spree ended around mid-session on Monday, the vast majority of UGMI trades have been closer to Best Ask - which is why these healthy little shares are suddenly beginning to show up on more and more radar screens.

If AGIS had remained sidelined last week, and Sparky thinks it soon will wish it had, UGMI shares would have been on a lot more screens, and a lot sooner!

But looking ahead, Sparky doesn't suspect that any of that will matter very soon, for a price explosion is about to happen.

Accordingly, Sparky continues to think that UGMI shares are an excellent addition to any portfolio anywhere near current levels.

Sincerely,

Sparky

From Sparky: Tuesday 03/23/04 8:12 am cst

Monday's News Was VERY Significant!

Being primarily in the homeland security business, virtually all of UGMI's sales involve dealings with various government agencies.

While it's not Sparky's intention to bash government agencies, most observers agree that government agencies take far longer to do just about everything than does the private sector.

That said, Sparky thinks it should be noted that Monday's release was preceded by many, many months of dealing and negotiations - sincere corporate efforts that are now obviously starting to pay off.

At present, UGMI is dealing with many government customers and Sparky sees the progress on this one contract as an indication we can expect much additional sales progress in the very near future.

It is for this reason that Sparky urges all Readers to immediately accumulate these undervalued shares at current prices.

Sincerely,

Sparky

From Sparky: Tuesday 03/23/04 8:07 am cst

This Is Truly Great News!

Being primarily in the homeland security business, virtually all of UGMI's sales involve dealings with various government agencies.

While it's not Sparky's intention to bash government agencies, most observers agree that government agencies take far longer to do just about everything than does the private sector.

That said, Sparky thinks it should be noted that Monday's release was preceded by many, many months of dealing and negotiations - sincere corporate efforts that are now obviously starting to pay off.

At present, UGMI is dealing with many government customers and Sparky sees the progress on this one contract as an indication we can expect much additional sales progress in the very near future.

It is for this reason that Sparky urges all Readers to immediately accumulate these undervalued shares at current prices.

Sincerely,

Sparky

From Sparky: Monday 03/22/04 8:30 am cst

SPARKY'S IN COMPLETE AGREEMENT WITH ROATAN2!

If you watched UGMI trade last week, you've got to seriously doubt that all the selling we saw in the 15-17 cent area was actual selling.

With volume as brisk as it was, true sellers could have gently backed off and easily received 18-19 cents. And it's been Sparky's experience that sellers don't generally like to leave any pennies on the table.

That said, Sparky thinks that what we saw last week was an obvious spate of naked shorting.

Now one's got to ask the proverbial question, WHY?

Aside from greed as usually, Sparky thinks that those who were shorting last week were actually trying to protect much larger existing naked short positions, ones that were no doubt created in the 17-20 cent range last October & November..

If this was the case, and Sparky really thinks it was, then the same investors who shorted last week will be competing with new investors this week - which should create some real volume and much fun. We shall soon see who's right.

What a cesspool this can be sometimes!

Sparky

UGMI filings should be complete by months-end and return to OTCBB listing

From Sparky: Sunday 03/21/04 12:52am cst

Dear Fellow HSM Members,

UGMI - Timing Is Everything!

As a result of the horrific New York City terrorist attack on September 11, 2001, and because of all the worldwide security-related precautions that have since been implemented, planned, budgeted, and scheduled; Sparky thinks that UGMI is in the right place at the right time!

Since September 11, 2001, we've each seen hundreds of examples of what's becoming commonly termed "homeland security." After all, we Americans were savagely attacked, a civilian target on our own soil, and thousands perished on national television.

An unimaginable event happened, and for reasons that could better be explained by sociologists, the vast majority of our great nation’s population instantly adopted an urgent "something must be done" attitude.

Washington's response to this public outcry was the Dept Of Homeland Security, along with its fiscal 2001-2003 budgets of $ 17 billion, $ 29 Billion, $ 39 billion respectively. Similarly, the Council Of Economic Advisers estimates that the private sector is now spending an extra $ 55 million a year on security. Added annual costs at the state level are estimated by the National Governors' Assoc to now be over $ 6 billion. And, according to the US Conference Of Mayors, our nation's cities are now spending over $ 3 billion a year on added security.

Add up all those billions and you'll see that over $ 100 billion is going to be spent on homeland security in the next 12 months and that's just in the USA!

This brief history and description of what's now the Homeland Security Industry is what Sparky considers the very desirable demand side of the UGMI equation.

On the supply side we have Sciax, a company started by a brilliant inventor named Ken Smart. Through a reverse takeover of UgoMedia Interactive Corp, a NASDAQ shell, the company trades under the symbol UGMI, and a name change to Sciax Corporation is now pending. Ken Smart serves as Sciax's able President and Nitin Amersey, a respected financier, serves as Chairman & CEO.

In the company's own words, Sciax is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax is also the manufacturer of Wolf Pack, the company's tactical remote viewing system used by law enforcement and military organizations in North America and Europe. Customers include military and law enforcement agencies in the US and German governments, contraband interdiction units in Canada Customs, and LAPD SWAT.

Elsewhere on this site, kind members have already written many posts that contain more info, even videos, about Wolf Pack and other UGMI products. Sparky urges you to check these out - it's all fascinating!

Please note that the above points Sparky wanted to express at this juncture are more conceptual in nature than analytical. But along these lines, UGMI is currently working diligently with its new accountants and expects to be current with its SEC filings in the very near future. At that time, especially if income-related news is released in the interim, Sparky will offer a far more analytical review and outlook.

For now, however, Sparky urges his Readers to focus on the shear size of this new and growing Homeland Security Industry, the industry within which UGMI is so nicely situated.

As for UGMI shares, there are about 40 million outstanding, a free trading float of about 17 million, and an actual trading float closer to 10 million. Over the past 12 months, UGMI shares have seen a closing high of 32 cents last July and a closing low of 5.5 cents just a few weeks back. Volume over the same period totaled about 58.6 million shares, which approximates six complete rotations of available free trading shares. Last Friday, UGMI shares closed at 15.5 cents.

Looking just at the last few weeks' trading, Sparky's made a few potentially significant observations. For one, please note that UGMI share prices rose rather quickly over six sessions from 5.5 to 16 cents, a gain of 173%, on only slightly heightened volume that totaled about 2.9 million shares. Given the relatively small size of UGMI's free trading float, this didn't come as any huge surprise to Sparky.

What did come as a huge shock, however, was what happened in the next three days, ending last Friday. Specifically, about 4.9 million additional UGMI shares changed hands, and despite an intraday spike above 20 cents last Thursday, they closed only a half a cent higher than three days before.

The first explanation that comes to Sparky's mind would be aggressive short selling which has the effect of flooding the market with electronic shares that are apparently available shares that essentially compete with any real shares being sold. This would not only explain why an increased amount of volume produced very little price gains, but it would also explain why certain brokerage firms (SCOTTRADE, to name one) seem to be refusing to fill buy orders.

If shorting has been as prevalent as Sparky thinks it has been lately, then so much the better! For if all that volume around 16 cents was in fact shorting, not an actual seller, then Sparky thinks it was perhaps an attempt to set up a drive-down-to-cover situation that no doubt involves a far bigger short position than the 1 to 1.5 million share position created just last week. And this would be better still!

But completely aside from a potentially interesting short squeeze situation, Sparky's also real confident that UGMI isn't too far away from reporting impressive sales progress on several of many fronts.

What we have here is an excellent combination of popular, high quality products; a very capable management team that's been tenaciously working on many projects; and a new and growing industry that's only three years old but is already huge!

For all the above reasons, Sparky urges his readers to immediately accumulate UGMI shares anywhere near current price levels. You will be glad you did!

Sincerely,

Sparky

From Sparky: Thursday 03/18/04 11:50am cst

Sparky's Prediction -

While there is currently an ongoing effort, which AGIS appears to be heading, to keep these shares below 20 cents, Sparky wants to go on record as predicting that they don't stand a chance!

Today, in the first hour and a half of trading, 775,000 UGMI shares have changed hands, already well over the 10-day average volume of 635,000 shares.

And to put things further into perspective, let's not forget that the DJIA's currently off 61 points and that the NASDAQ is now off 21 points.

That said, it only stands to reason that shares showing the biggest recent gains are the first to be hit by profit taking.

Looking ahead to this afternoon, however, Sparky's expects to see profit taking subside and before the close he expects buyers to seriously outnumber sellers.

The fun has just begun with these UGMI shares folks; so use these little dips as opportunities to accumulate additional shares.

Sincerely,

Sparky

From Sparky: Thursday 03/18/04 9:05am cst

Dear Fellow HSM Members,

Sparky thinks 25 cents is way too cheap for UGMI shares and wouldn't be surprised at all to see a break out either today or Firday thru the 25 cent mark.

Don't forget that this company relies primarily on government agencies as its customer base, that government contracts take far longer to seal than do those entered into thruout the private sector, and that UGMI has been working on many deals for many months.

That said, Sparky expects near-term progress on several contracts that will prove to mark just the beginning of a wonderful trend.

Stay Tuned!

Sparky

From Sparky: Wednesday 03/17/04 2:50pm cst

Dear Fellow HSM Members,

Within days, Sparky has every intention of providing his Readers with an in-depth analysis on UgoMedia Interactive Corp as well as conclusions why Sparky thinks these shares are an excellent purchase anywhere near current prices around 18 cents.

But in light of the Street's sudden interest in these UGMI shares, as evidenced by heightened recent volume, Sparky urges you all not to wait!

Begin accumulating these shares immediately!

Sparky

From Sparky: Tuesday 03/16/04 10:44am cst

Dear Fellow HSM Members,

Watch UGMI Shares Closely!

For a little over a week now, Sparky's been looking real closely at the thinly-traded shares of UGMI and within days Sparky has every intention of writing up a full-blown buy recommendation.

Just this morning, however, it was brought to Sparky's atention by a Reader, and confirmed independently, that Scottstrade is refusing to buy UGMI shares for their customers.

Scottstrade claims " ... it has experienced difficulties obtaining share certificates from the transfer agent."

But what this sounds like to Sparky is that Scottstrade is seriously short UGMI shares and that they simply don't want to be competing with customers while covering!

For this reason, Sparky thinks these shares should be watched very closely from this point on and for reasons that will be outlined in far more detail over the next few days, Sparky thinks UGMI shares are an excellent purchase anywhere near current levels.

Stay Tuned and Watch Closely!

Sincerely,

Sparky

Ugomedia Retains Regulatory Compliance Specialists

Monday February 9, 8:30 am ET

BAY CITY, Mich. and TORONTO, Feb. 9, 2004 (PRIMEZONE) -- Ugomedia Interactive Corp. (name change to Sciax Corporation pending) (Other OTC:UGMI.PK - News) is pleased to announce that as indicated in the press release dated January 22nd 2004, and in the subsequent 8 K filing on January 27th, 2004, Ugomedia Interactive has hired new auditors Malone and Bailey of Houston, Texas as well as a new group of regulatory compliance specialists, Public Company Management Services of Las Vegas, Nevada.
Malone and Bailey (http://www.malone-bailey.com) audits a number of public companies (see list at http://www.malone-bailey.com/pdfs/Our-P...ents.pdf), assisting with SEC and NASD audit and disclosures rules compliance and also tax services.

The Company is aggressively pushing ahead to complete its audit and bring its regulatory filings up to date. It is anticipated (subject to unexpected delays) that the audited statements will be filed in February and that the company will apply to be re-listed on the OTCBB as soon as practical thereafter. The re-listing process could take anywhere from 14 to 60 days (subject to unexpected delays) after the regulatory filings are brought up to date.

About Malone and Bailey

Malone & Bailey, PLLC delivers high-integrity compliance services that provide their clients increased peace of mind. Their team of experienced accounting partners and professionals offer a range of audit and tax services, specializing in serving both small public companies under Securities and Exchange Commission rules and in serving closely held, private clients as well.

Sciax Awarded GSA Schedule Contract by Federal Government

Monday January 26, 6:00 am ET

BAY CITY, Mich. and TORONTO, Jan. 26, 2004 (PRIMEZONE) -- Sciax America, Inc., a wholly owned subsidiary of Ugomedia Interactive Corporation (Other OTC:UGMI.PK - News) that specializes in remote viewing technology, announced today it has been awarded the General Services Administration (GSA) Schedule to supply Wolf Pack technology to U.S. federal government agencies.

The Wolf Pack is a tactical remote viewing system used in defense imaging by law enforcement and military personnel engaged in counter-terrorism and other special security operations.

Having been reviewed and accepted by GSA's acquisition center for fair and competitive pricing this contract allows U.S. federal agencies to purchase Wolf Pack technology directly for their tactical, interdiction and physical security needs.

``This GSA contract is important to our sales strategy,'' stated Ken Smart, President, ``as it will allow Sciax to offer our modular and durable technology directly to U.S. federal agencies without the agencies having to comply with sole source procurement procedures or to obtain competitive pricing. We hope this will enhance our ability to sell our products into the U.S. defense and homeland security market.''

The Sciax GSA schedule number is GS.03F.0017P.

Correction -- Ugomedia Interactive Secures Financing Package of up to $3.125 million

Thursday December 18, 8:00 am ET

BAY CITY, Mich. and TORONTO, Dec. 18, 2003 (PRIMEZONE) -- Ugomedia Interactive Corp. (name change to Sciax Corporation pending) (OTC BB:UGMIE.OB - News) is pleased to announce the execution of an agreement with Sapos Investments Inc. for equity based financing of up to an aggregate of $3,125,000 against private issuance of common stock over the next 12 months as per the Company's financing needs and schedule. Shares will be issued without registration thus being restricted securities as defined by the Federal Securities laws.

Ken Smart, President of the company stated ``This is significant news to the company and its shareholders; it will enable us to step up our marketing and sales efforts and enable us to significantly increase our business.''

Nitin Amersey, Chairman and CEO stated, ``This financing essentially helps us cover our financial needs for the coming year and enables us to move forward with our business.''

Sciax Announces Issuance of Patent

Monday December 15, 4:10 pm ET

BAY CITY, Mich. and TORONTO, Dec. 15, 2003 (PRIMEZONE) -- Ugomedia Interactive Corp. (name change to Sciax Corporation pending) (OTC BB:UGMI.OB - News) is pleased to announce that the US Patent and Trademark office has issued Patent Number 6,629,944 to Sciax Technology Inc. for an important new limb positioning device designed for orthopedic surgical applications.

The BASE1 device allows surgeons to more accurately position patient limbs during surgical procedures and is particularly valuable in shoulder operations, a growing segment of the orthopedic surgical market.

With the issuance of the patent, Sciax will assign the intellectual property rights of BASE1 to Linvatec, a Largo Florida based world leader in technology for a growing range of least-invasive and orthopedic surgical products. In December of 2001, Sciax received a $343,000 upfront payment from Linvatec related to BASE1, and expects to realize up to $3,000,000 in royalty payments during the five years following the product launch.

``We look forward to BASE1 contributing to our revenues through our agreement with Linvatec'' Stated Ken Smart, President and founder of Sciax. ``Although we continue to focus on defense and industrial markets, we have not ruled out additional development work in the medical field given our growing expertise in imaging systems.''

Nitin Amersey, CEO and Chairman of Sciax, stated that ``Protection of our intellectual property is a priority for the company and patents are an important part of this. I expect to see a significant number of patents issued to Sciax during the next few years.''

Sciax Announces Sale of Wolf Pack System to German Government

Monday December 8, 7:00 am ET

BAY CITY, Mich. and TORONTO, Dec. 8, 2003 (PRIMEZONE) -- Ugomedia Interactive Corp. (name change to Sciax Corporation pending) (OTC BB:UGMI.OB - News), a leader in advanced technology imaging, is pleased to announce the sale and delivery of an additional Sciax Wolf Pack tactical imaging system to a security branch of the German Government. This sale validates the system's penetration into the German and European markets.

Dave Howlett, Vice President of Sales and Marketing stated, ``The German purchase of Wolf Pack was due to its extreme reliability in adverse conditions. Although optical and sensing technology is improving exponentially, Wolf Pack's modularity makes it resistant to obsolescence. We are anticipating even more sales into the European market.''

Ken Smart, president of Sciax, was in Germany to assist in receipt and orientation of the Wolf Pack system. ``Our presence grows in this tight-knit market and we feel confident that growth in international military and government sales will continue.''

Germany, a front-runner in breakthrough engineering and technology, has placed much confidence in the Sciax Wolf Pack system. The sale is expected to add credibility to the system's acceptance in other European and foreign markets.

Sciax Unveils New Corporate Brand and Launches Wolf Pack Product Mark

Wednesday November 19, 7:30 am ET

BAY CITY, Mich. and TORONTO, Nov. 19, 2003 (PRIMEZONE) -- Ugomedia Interactive Corp (OTC BB:UGMI.OB - News) (Name change to Sciax Corporation pending) formally launched today, at the 3rd Annual Sciax Counter Terrorism Conference, their new corporate identity and the introduction of the Wolf Pack product brand.


The services of Leapfrog Designed Communications, a Toronto-based branding and marketing company, were contracted to assist in defining the Sciax corporate identity and position Sciax technology in relevant markets. As part of the effort to define these markets, Leapfrog representatives worked closely with Sciax executive, research, operations and sales personnel. Leapfrog also interviewed key Sciax accounts in defense and industrial fields.

As the SeCam tactical camera has been absorbed into a family of system components, it was vital this product branding support the extreme durability and modularity of the new product line.

The Wolf Pack represents the company philosophy of ``Smart and Tough.'' These rugged, light-weight, all-weather modular components allow users to expand their system to meet changing needs and budget.

Dave Howlett, Vice-President of Sales and Marketing, stated ``I'm excited about the new opportunity this branding provides. The unifying character of Wolf Pack will contribute to our sales personnel's' ability to communicate our company's product philosophy, technological innovation and product superiority to our clients.''

Sciax Hosts 3rd Annual Conference on Counter Terrorism

Monday November 10, 5:23 pm ET

BAY CITY, Mich. and Toronto, Nov. 10, 2003 (PRIMEZONE) -- Ugomedia Interactive Corp. (name change to Sciax Corp. pending) (OTC BB:UGMI.OB - News) is pleased to announce that:

Sciax is host of the 3rd annual Sciax Conference on Counter Terrorism in Virginia Beach, VA. The conference provides a unique and extraordinary opportunity for various multi-jurisdictional agencies across North America and around the world to share and exchange views, ideas and knowledge on the topics of counter-terrorism, homeland defense, and public safety and security. This year's conference is scheduled for November 18-20, 2003.

Key Speakers at the Conference Include:

LT. COL. DAVE GROSSMAN, US Army (Ret.) will be presenting his internationally renowned lecture: `` The Bulletproof Mind'' as a special one day seminar on Thursday, 20th of November. Col Grossman in an internationally recognized scholar, author, soldier and expert in the field of human aggression and the roots of violence and violent crime. Col Grossman in the director of Killology Research Group and currently trains elite military and law enforcement organizations worldwide about the reality of combat.

Detective MARIO MARTINEZ, Homeland Security Tactical Coordinator, for Hillsborough County Sheriff's Office will be presenting the ``911: Training for the First Responder.'' Detective Martinez, a 23 year veteran with experience and over 4,000 tactical engagements, has conducted tactical training programs for thousands of law enforcement professionals including representatives from the US Marshal Service, FBI SWAT, US Customs SRT, and elite US and international military units.

Rear Admiral Tom Richards (Retired), will also be addressing the conference.

SCIAX completes sale to San Francisco Police Department SWAT

Tuesday September 9, 4:59 pm ET

BAY CITY, Mich. and TORONTO, Sept. 9, 2003 (PRIMEZONE) -- Ugomedia Interactive Corp. (name change to Sciax Corporation pending) (OTC BB:UGMI.OB - News) is pleased to announce the sale of Tactical Remote Viewing Technology (TRVS) to the San Francisco Police Department (SFPD) SWAT team.

TRVS is a modular and durable remote optic technology that allows tactical law enforcement personnel to assure personal and site security, while dealing with hostage situations or terrorist activities. SFPD now joins Sciax customer Los Angeles Police Department SWAT as a TRVS user.

Ken Smart, Sciax President stated, ``Both of these law enforcement organizations exert a large influence on the buying decisions of tactical police departments throughout the United States''. He added, ``We are confident that sales of TRVS technology to police departments will continue to expand.''

Nitin Amersey, CEO and Chairman of Sciax commented, ``The innovative character of Sciax, combined with a growing range of high quality products and an exceptional sales force, ensures that our company has a very bright future indeed.

High Risk training:

http://www.hrttraining.com/

Defense Review.com:
http://www.defensereview.com/modules.ph...le&sid=414

EVALUATION OF UNITS
My team evaluated a total of four (4) different units during the T/E phase. Unit’s cost ranged from $1,500.00 to $15,000.00. Each unit was tested for over 40 hours and deployed on actual missions. One unit was quickly disqualified as it had no water resistance properties and per the manufacture should not be used on or near the water. A second unit was damaged during training when it was knocked out of the operator’s hands during a staged physical confrontation on a stairwell. Third unit was two large and deploy for confined space clearing i.e. small watercraft boarding.

The fourth unit was the Wolf Pack Tactical Remote Viewing System (TRVS), made by Sciax Defense. This is the unit my team selected. It met all our needs and could be undated in the future as technology advanced.

SCIAX – TRVS
The Tactical Remote Viewing System (TRVS) is a 21st century improvement on the standard mirror or pole cam viewing equipment. The system is a body mounted control panel that allows the operator to choose from a series of sensing devices at the end of an energized pole.

TRVS-1, the Wolf Pack, is a durable, all-weather capable control pack with a near IR and high-resolution camera head. It can be assembled in a heavy rain/snowstorm. The screen is large enough to get a true picture of what the system is seeing. It is lightweight and the operator can quickly disconnect and become an active team member if needed without having to worry about damaging the unit. The monitor is either chest or back mounted on a harness. The manual remote camera head is water proof to 165 feet and comes with a “Bullet Proof Warranty” i.e. if it is damaged by a bad guy during a real world mission a letter head or newspaper clipping gets you a new one at no cost. It also comes with the first 2-year warranty I have seen.

TRVS-3, the Under Door Viewer, can be attached to the pole and moved into position from an extended distance or hand placed into position. This can be done from extend position behind a ballistic shield. It is also waterproof and is not an optical fiber cable but a new type of video technology, which can accommodate night vision attachments.

Sciax also has an adapter, the TRVS-4 TecCam, which connects the TRVS-1 to a rigid or flexible boroscope.

TRVS designer Ken Smart has additional TRVS components coming out of R&D to include a RAD detector, remote articulating module, zoom-color camera head, and thermo camera.

All these components hook onto TRVS-1 so you only need to buy the components you need and build your system up, as you need it. Sciax also makes an effort to pack all the components in as few cases as possible.

Interested organizations can contact SCIAX Defense at 877-99SCIAX or on the web at www.SCIAX.COM.