Rim Semiconductor Company (fka RSMI)

[fosforecente]

We were covered by the COMTEX news wire again today --

(COMTEX) B: New Visual Announces Acquisition, Shares Lower
B: New Visual Announces Acquisition, Shares Lower

Ridgeland, MS, OCT 02, 2001 (EventX/Knobias.com via COMTEX) -- New Visual Corp.
(OTCBB NVEI) announced this morning in a company press release that the company
has signed a letter of intent to acquire Hytek Services, a Santa Clara,
California designer and fabricator of printed circuit boards, and a marketer of
electronic design automation tools.

The company last filed with the SEC on September 28, when a letter to
shareholders from CEO Ray Willenberg, Jr. was included in an 8-K.

The stock is trading lower at this time, on pace to trade a share volume equal
to its average daily share volume. Shares are trading at a level higher than two
of four moving averages at this time, in a range between near term technical
downside price support at $0.340 and near term technical upside price resistance
at $0.780, as calculated by Knobias technical analysis. The stock has a 30-day
closing price range of $0.340 to $0.880.

New Visual is is involved in the development of a proprietary broadband
transmission technology with the mission to utilize existing copper
telecommunications infrastructure to deliver high data content to the home at
VDSL (52 Mbps) data transfer rates. Through its New Wheel Technology, Inc.
subsidiary, the Company is developing proprietary advanced algorithms which
would allow high data rate transmission over existing copper telecommunications
infrastructure, while permitting voice communications simultaneously on the same
pair of wires Its initial development efforts are focusing on "Very High Rate
Digital Subscriber Line" (VDSL), and have demonstrated results exceeding
industry standards.


Date/Time of Daily Brief: 10-02-2001 10:52 ET
Company: NVEI - New Visual Corporation
Stock Price @ Publication: $ 0.720
Volume @ Publication: 55,400


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