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Thursday, 01/24/2008 9:40:40 AM

Thursday, January 24, 2008 9:40:40 AM

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News for CNUV:China Nuvo Solar Energy Rated 'Speculative Buy,' Target Price $.35 by Beacon Equity ResearchLast update: 1/24/2008 7:00:00 AMDALLAS, Jan 24, 2008 /PRNewswire via COMTEX/ -- China Nuvo Solar Energy (CNUV) has been rated Speculative Buy with a price target of $.35 by Beacon Equity Research Analyst, Victor Sula, PhD. The full report is available at Anyone interested in receiving alerts regarding China Nuvo Solar Energy research should email members@beaconequityresearch.com with "CNUV" in the subject line. In the report, the analyst writes, "China Nuvo Solar Energy is a development-stage company that is designing and plans to soon manufacture solar photovoltaic cell technology products. The Company holds exclusive worldwide rights to a unique solar cell technology based on photovoltaic cells with integral light-transmitting wave guides in a ceramic sleeve. The advantage of this technology is that less exposed surface area is required to generate electricity. The light-transmitting particles act as wave guides and allow the sun-exposed conversion area of the solar cell to be shifted readily from horizontal to vertical to capture more sunlight. The ceramic sleeve eliminates the need for expensive vacuum chambers, thereby allowing less expensive materials to be used in solar cell production." Beacon Equity Research Disclosure The analysts contributing to this report do not hold any shares of China Nuvo (CNUV). Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon Equity Research and its affiliates have been directly compensated nine thousand dollars from a non-controlling third party for enrollment of CNUV in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.