USA Video Interactive Corp

USVO Presents Anti-Piracy Technology, Sponsoring Panel -- TELECOSM 2008 "The Exaflood: Managing the Coming Digital Deluge"

NIANTIC, CT - Jun 10, 2008 - USA Video Interactive Corp. (OTCBB: USVO) (CDNX: US.V) (Berlin:USF.BE - News) (Frankfurt:USF.F - News) co-sponsored the 12th Annual Gilder/Forbes Telecosm Conference, Telecosm 2008: The Exaflood. Event hosts George Gilder, Steve Forbes, and Forbes publisher, Rich Karlgaard, were joined by the world's leading scientists, engineers, technology executives, entrepreneurs and public policy decision makers to promote investment in innovation.

For three days, Telecosm 2008 hosts, speakers and attendees debated, discussed, decoded and deciphered the digital and communications technologies and policies vital to the build-out of the global Internet infrastructure, the next phase of which is estimated to entail total new investments of some $137 billion worldwide by 2010. The conference was attended by 250-300 senior VP and C-level executives, engineers, strategists, technologists, sales representatives, serial entrepreneurs and government representatives, as well as business leaders from technology and communications companies, institutional investment advisors, and high-net-worth private investors, accompanied by media and trade press and leading public policy officials.

The conference was a great opportunity for USVO to present its anti-piracy technology and business proposition. For USVO's story to break through, USVO committed to sponsoring the title panel "The Exaflood: Managing the Coming Digital Deluge." Moderated by Bret Swanson, Policy Fellow at the Progress & Freedom Foundation who has coauthored articles with Gilder on the Exaflood, the panel also featured Bob Metcalf, co-inventor of Ethernet; Joe Weinman, VP of strategy at AT&T; Lane Patterson, CTO of Equinix -- the company that supports Hulu, a Fox and NBC joint venture in online content; and Johna Till Johnson, founder of IT analyst firm Nemertes Research. VoIP pioneer, Tom Evslin, was the panel 'commentator.'

USVO's story, in contrast to the physical infrastructure that preoccupies most of the discussion of the next phase of Internet expansion, is about technology addressing the fundamental need in business for trust. USVO highlighted the fact that the most visible and profitable content distribution companies in the world are missing out on the benefits of digital technology, and that our SmartMark™ technology is an enabler that can be a key part in changing this.

The panel discussed the coming Exaflood -- a George Gilder coined term that anticipates Internet traffic will multiply fifty times by 2015. The panel was set up by Andrew Odlyzko, Digital Technology Center, University of Minnesota, who presented measurements of current demand that questioned the Exaflood's premise. This led to a lively discussion that fed well into USVO's message that the motion picture industry has immediate need for more bandwidth, and a security strategy that will let it turn that bandwidth into high value transactions. The USVO team then had a forty-five minute breakout opportunity to discuss USVO's value proposition.

The highlights of the overall conference were many, but the level of economic analysis, technical insights, and revelations in a wide variety of technical and investment areas was world class, and it was a major landmark in USVO's evolution to be marketing at this level.

For further information about the market USVO is focused on with its anti-piracy products, please go to: http://blog.usvo.com/.

About Gilder/Forbes Telecosm:

For twelve years, the Gilder/Forbes Telecosm Conference -- the world-famous technology conference hosted annually by George Gilder and Steve Forbes -- has been recognized as one of the most prestigious venues in the world for breaking information on breakthrough technologies and forward-thinking companies and investment strategies. It is an exclusive gathering of engineers, entrepreneurs, investors, public policy decision makers, and the top thought leaders and business executives from the world's leading technology and communications companies. Website: http://www.telecosmconference.com/

About USVO:

USA Video Interactive Corp. ("USVO") designs and markets technology for delivery of digital media. USVO developed its MediaEscort(TM), MediaSentinel(TM) and SmartMark(TM) digital watermarking products and technology to provide a robust means for producers and distributors to invisibly protect their content. USA Video Technology Corp., a wholly owned subsidiary of USVO, holds the pioneering patent for store-and-forward video, filed in 1990 and issued by the United States Patent and Trademark Office on July 14, 1992; it has been cited by at least 165 other patents. USVO holds similar patents in Germany, Canada, England, France, Spain, Italy, and Japan. For more information, visit www.usvo.com.

USA Video Interactive Corporate Headquarters Office: 8 West Main Street, Niantic, Connecticut, 06357 Telephone (860) 739 - 8030 Facsimile (860) 739 - 8070; Canada Office: 507 - 837 West Hastings Street, Vancouver, BC V6C 3N6. Trading symbol on the OTCBB: USVO; Trading symbol on the TSX Venture Exchange US; Trading symbol on the Berlin and Frankfurt Stock Exchanges: USF. CUSIP 902924208. For more information contact (860) 739 - 8030 or contact@usvo.com.

Birla Cotsyn India Ltd IPO

The initial public offer of Birla Cotsyn (India) Ltd, a Yash Birla Group company engaged in textile manufacturing, received bids for 0.22 times the shares on offer on the second day of the issue today.

The portion reserved for non-institutional investors got subscribed 0.71 times, while the portion for retail investors was subscribed 34 per cent. The Qualified Institutional Buyers' portion was marginally subscribed.

The price band of the issue has been fixed between Rs 15 and Rs 18. The issue will close on July 4.

The company would utilise the issue proceeds to set up an integrated textile unit and a garment manufacturing plant at its existing facilities in Maharashtra.

The IPO would also fund the firm's foray into retail outlets which it plans to set up across the country.

Rotoblock Advances Acquisition of Respected Chinese Brand with Modern Manufacturing Facility

SAN FRANCISCO & NANJING, China - Engine technology firm Rotoblock Corp. (OTCBB: ROTB) and Nanjing's Hikom Gottell announce joint plans to open a modern manufacturing facility that will produce advanced energy efficient and environmental machinery and equipment, including small engines, heat pumps and air-conditioning for global markets.

Last week, Rotoblock announced an agreement to purchase controlling interest in Hikom Gottell for US$25 Million ($25,000,000). Rotoblock will purchase the hard assets of Hikom Gottell's 10-acre manufacturing complex in Nanjing, its land, factories, manufacturing equipment, testing facilities and delivery trucks as well as the name Hikom Gottell and its distribution network.

"We intend to market Hikom Gottell's current and future product lines globally under the Rotoblock name," said CEO Mr. Chin Chih Liu. "Working together I believe we can expand the business and enter new markets."

Mr. Liu also noted, "The household central air conditioning units are a new-generation of products manufactured by Hikom Gottell. With intelligent and flexible controls, this line meets a new standard of efficiency, comfort, and safety, while bringing the enjoyment of central air conditioning. Small, quiet, and convenient, these units are ideal for stores, offices, hotels, hospitals, shopping malls, restaurants and entertainment venues."

Ground source heat pump central air-conditioner systems are also one of the main products provided of Hikom Gottell. The system, through its advanced heat pump units, changes low level heat energy absorbed from solar energy, then contained in the soil, ground water, and surface water (such as water in rivers, lakes, and seas) into utilizable high level heat energy which is supplied to buildings for cooling or heating purposes.

According to Mr. Liu, "Hikom Gottell has developed a reputation as a leader in air-conditioning and heat pumps with its nationwide sales network and quality assurance after-market support. These products, many of which are developed independently, have all earned international certifications of quality, including the 'Famous Chinese Brand with Perfect Quality' distinction among its peer companies. By doing this, Hikom Gottell has earned many respected customers throughout China."

About Hikom Gottell: Hikom Gottell has a philosophy of advancing technologies that save energy and help the environment. Learn more at http://www.airhikom.com/en/index.asp.

About Rotoblock Corporation (OTCBB: ROTB) - Rotoblock is focused on the development and manufacturing of small engines and other energy-efficient and environmental equipment in China for distribution worldwide. The Company was incorporated in Nevada and is headquartered in Santa Rosa, California . Rotoblock has full rights to the patents of the Oscillating Piston Engine and believes the OPE technology has useful applications in an endless number of areas where its powerful, lightweight, efficient design are in ever-increasing demand. Visit Rotoblock's corporate website for details about the company, technology, and regulatory filings. For more info visit: http://www.rotoblock.com.

Sensex above 13500; Realty up 13%, Bank, Power up 6%

Markets have shown sharp bounce back and trading at higher levels. The Sensex & Nifty are trading above their psychological level 13500 and 4000 respectively. Realty has outperformed the other sectoral indices; it was up 13%. Except FMCG all other sectoral indices are trading positive. Major movers for indices are ONGC, RIL, DLF, Infosys, Reliance Communication and L&T.

The BSE bank,and power indices are up over 6% each and IT, capital goods, metal up over 5% each.

At 2.44 pm, the Sensex is up 547.41 points or 4.22% at 13509.09, and the Nifty up 161.80 points or 4.15% at 4058.55.

About 1250 shares have advanced, 1644 shares declined, and 239 shares are unchanged.

Top gainers on the bourses are Tata Power at Rs 1,105 up 9.54%, Reliance Infra at Rs 763.00 up 8.68%, HDFC Bank at Rs 1,037.00 up 7.36% and M&M at Rs 469.80 up 6.75%.

Markets @ 2:11 pm : Nifty above 4000; Infy, RIL, L&T ONGC, R Comm movers

Markets have shown sharp bounce back on the back of strong buying interest from IT, capital goods, bank, realty, oil & gas, metal, power and pharma stocks. Short covering is seen in SAIL, Unitech, Sterlite and NTPC. On the global front European markets are trading higher.

At 2.11 pm, the Sensex is up 353.73 points or 2.73% at 13315.41, and the Nifty up 114.85 points or 2.95% at 4011.60.

About 1047 shares have advanced, 1846 shares declined, and 240 shares are unchanged.

Top gainers on the bourses are Reliance Infra at Rs 752 up 7.11%, Wipro at Rs 441.50 up 6.12%, PNB at Rs 373 up 6.30% and Reliance Comm at Rs 418.05 up 5.57%.

Movers for indices are Infy, RIL, L&T ONGC and Reliance Comm

Markets @ 1:15 pm : Mkts gain; Nifty holds above 3900

Markets are trading with positive bias but still witnessing some choppiness. Buying has seen in technology, select banking and telecom stocks while selling in FMCG, realty, power and some oil stocks. Midcap and small cap stocks also hammered a bit. The Sensex is back above 13000 mark and Nifty above 3900. On the global front, European markets are trading higher.

Market breadth is weak; about 798 shares are advancing while 2104 shares declining. Nearly 231 shares are unchanged.

At 1:15 pm, the Sensex was up 129 points at 13,091 and Nifty up 22 points at 3,918. Nifty July Futures was trading at 25 points discount. CNX Midcap and small cap indices fell 1-2%.

BSE IT Index was up 2.5%, Bankex 1.7% and Healthcare 0.55% while FMCG lost 2.3%, Realty -1.3% and Power -0.8%.

Biggest gainers are Wipro, Satyam and Reliance Comm while losers - Tata Motors, ITC, ACC, Unitech and ABB.

Markets @ 12:03 pm : Mkts trading positive; IT, Bank, Metal surge

Markets are trading with some gains after highly choppy session. Buying interest is seen in IT, bank and metal stocks while power, realty and FMCG indices are witnessing selling pressure.

The BSE smallcap and midcap indices down 2.31% and 1.52% respectively.

At 12.03 hrs IST, the Sensex is up 126.56 points or 0.98% at 13088.24, and the Nifty up 27.60 points or 0.71% at 3924.35.

About 689 shares have advanced, 2219 shares declined, and 225 shares are unchanged.

"This fall has been rather speedy and one sided so we are somewhat close to about bottom at least for the near-term," says Anand Tandon, Director equities, BRICS Securities.

Top gainers on the Sensex are Wipro at Rs 438 up 5.28%, M&M at Rs 460.10 up 4.54% and Satyam at Rs 449.35 up 3.96%.

Tech major Infosys was trading at Rs 1,755.25 up 2.63% from its previous close of Rs 1,710.35.

However, top losers on the bourses are Unitech at Rs 151.70 down 6.21%, Suzlon Energy at Rs 184.25 down 5.68%, ABB at Rs 724.50 down 5.53%, Reliance Infra at Rs 668.50 down 4.78%, ACC at Rs 487.95 down 3.46% and Tata Motors at Rs 397 down 2.8%.

Cigarette major ITC was trading at Rs 180.55 down 1.58% from its previous close of Rs 183.45.

Markets @ 11:22 am : Mkts volatile; Wipro, Satyam, Infosys, ONGC top gainers

Markets are witnessing extreme volatility and showing no signs of strong rebound since last few days. Reliance Ind, HDFC, ICICI Bank, ITC, Tata Steel, DLF and Suzlon Energy are dragging both indices lower while ONGC, Wipro, Infosys, Satyam and Reliance Comm trying to support markets. Sell off in midcap and small cap stocks has pushed breadth in favour of declines.

Market breadth is pathetic; about 573 shares are advancing while 2338 shares declining. Nearly 222 shares are unchanged.

At 11:22 pm, the Sensex was down 77 points at 13,884 and Nifty down 30 points at 3,867. Nifty July Futures was trading at 30 points discount. BSE Midcap and Small Cap indices fell nearly 3% each.

Top gainers are Wipro, Satyam, Infosys and ONGC while losers - Tata Motors, ACC, JP Associates, ABB, Suzlon and Unitech.

BSE Power Index plunged 2.8%, Realty -2%, FMCG -1.94% and Capital Goods -1.75%. Metal, Bankex and Auto declined over 0.6%. However, IT rose nearly 2%.

Markets @ 10:34 am :Mkts choppy; realty, banks, power, midcap stks down

Markets have given up their early trade gains and turned into choppy mode. Selling pressure has seen in realty, banking, power, select oil and capital goods stocks. However, buying continued in technology stocks. Market breadth is weak; about 898 shares are advancing while 1992 shares declining. Nearly 243 shares are unchanged.

Draggers of indices are ICICI Bank, Bharti Airtel, Reliance Ind, DLF, JP Asso, Suzlon and Unitech while movers - Infosys, Wipro, Reliance Comm, TCS and Satyam.

At 10:34 am, the Sensex was down 21 points at 12,940 and Nifty down 12 points at 3,884. Nifty July Futures was trading at 30 points discount. BSE Midcap and Small Cap indices were down over 1.8% each.

Realty Index fell 2.7% due to selling pressure in Orbit Corporation, Mahindra Life, Omaxe, Sobha Developers, DLF, Peninsula Land, Parsvnath, Unitech and HDIL.

Banking stocks like PNB, ICICI Bank, IndusInd Bank, IOB, Axis Bank, IDBI Bank, Union Bank have lost ground. Index plunged nearly 1%.

Power index was down 1.5% as selling pressure seen in Lanco Infratech, Suzlon Energy, GVK Power, Torrent Power, Neyveli Lignite, Reliance Power, Power Grid Corp and GMR Infra.

However, technology stocks are trading strong, which includes Wipro, Satyam, Infosys, I-Flex Solution, TCS and Tech Mahindra. Index rose 2.6%.

Most active counters on the bourses are Reliance Ind, Reliance Cap, Reliance Petro and ICICI Bank.

Top losers are ICICI Bank, DLF, Jaiprakash Associates, Suzlon Energy and Unitech while Wipro, Satyam, Infosys, and Reliance Comm gainers.

Markets @ 9:56 am : Mkts trading higher; IT, banks, CG stocks gain

Markets have broken losing streak of last three days and opened higher following positive cues from US markets. Buying has seen in banking, capital goods, technology and select oil stocks.

Amongst frontliners, Reliance Comm, Tata Motors, BHEL, L&T, Wipro, JP Associates, Reliance Infra, ACC, Infosys, Reliance Ind, ICICI Bank, SBI and TCS have gained.

At 9:56 am, the Nifty was up 27 points at 3,924 and Sensex up 140 points at 13,102. The CNX Midcap was up 35 points at 5,028.

The Indian Rupee was trading at 43.30 a dollar. Crude was trading above USD 142 per barrel on the NYMEX.

Elder Pharma jumped 14% in early trade.

Asian markets were trading mixed. Nikkei was down 1.09%, Kospi -2.6%, Taiwan Weighted -0.7% and Hang Seng -1.5% while Straites Times up 0.6%, Jakarta Composite 0.5% and Shanghai 1.6%.

US markets finally managed to eke out a gain, fueled by better than expected sales figures from general motors, short covering and a pop in a manufacturing gauge. The Dow Jones rose 32.25 points, or 0.28%, to 11,382.26. The S&P's 500 index gained 4.91 points, or 0.38%, to 1,284.91. Nasdaq advanced 11.99 points, or 0.52%, to 2,304.97.

Market cues:

• FIIs net sell $56.3 mn in equity
• Domestic mutual funds net buy Rs 290.7 cr in equity
• NSE F&O Open Interest up by Rs 313 crore at Rs 61,383 crore

F&O cues:

• Futures Open Interest down by Rs 1,167 crore and Options Open Interest up by Rs 1,480 crore
• Nifty Futures at 64 pts discount; add 3.06 lakh shares in Open Interest
• Nifty Open Interest Put-Call ratio at 0.97 Vs 0.99
• Nifty Puts add 14.5 lakh shares in Open Interest
• Nifty Calls add 20.2 lakh shares in Open Interest
• Nifty 3800 Put got active yesterday
• Nifty 3800 Put adds 16.3 lakh shares in Open Interest
• Nifty 3900 Put adds 3.12 lakh shares in Open Interest
• Nifty 4000 Call adds 7.5 lakh shares in Open Interest
• Nifty 3900 Call adds 5 lakh shares in Open Interest
• Nifty 3800 Call adds 2.5 lakh shares in Open Interest
• Nifty 4000 Put sheds 2 lakh shares in Open Interest

Thanks to moneycontrol.com

Reliance Industries surges higher

At 3 pm, Reliance Industries was quoting at Rs 2,135, up Rs 90.80, or 4.44%. It has touched an intraday high of Rs 2,135.20 and an intraday low of Rs 1,991.20.

It was trading with volumes of 1,984,965 shares. Yesterday the share closed down 2.34% or Rs 49.05 at Rs 2,044.20.

Share Price Movement During The Last 12 Months
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	2181.90	2135.00	-46.90	-2.15
5-Days	2135.35	2135.00	-0.35	-0.02
7-Days	2066.20	2135.00	68.80	3.33
15-Days	2284.85	2135.00	-149.85	-6.56
1-Month	2355.70	2135.00	-220.70	-9.37
3-Month	2345.10	2135.00	-210.10	-8.96
6-Month	2847.10	2135.00	-712.10	-25.01
9-Month	2289.35	2135.00	-154.35	-6.74
1-Year	1684.50	2135.00	450.50	26.74

Larsen spurts up 6.7%

At 3 pm, Larsen and Toubro was quoting at Rs 2,285.60, up Rs 145.25, or 6.79%. It has touched an intraday high of Rs 2,295 and an intraday low of Rs 2,100.

It was trading with volumes of 636,864 shares. Yesterday the share closed down 1.96% or Rs 42.85 at Rs 2,140.35.

Share Price Movement During The Last 12 Months
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	2267.15	2285.60	18.45	0.81
5-Days	2313.00	2285.60	-27.40	-1.18
7-Days	2310.60	2285.60	-25.00	-1.08
15-Days	2737.10	2285.60	-451.50	-16.50
1-Month	2916.25	2285.60	-630.65	-21.63
3-Month	2894.75	2285.60	-609.15	-21.04
6-Month	4145.35	2285.60	-1,859.75	-44.86
9-Month	2814.60	2285.60	-529.00	-18.79
1-Year	2234.90	2285.60	50.70	2.27

Cement Makers, Sterlite, Tata Motors: India Equity Preview

By Saikat Chatterjee and Debarati Roy

July 2 (Bloomberg) -- The following stocks may rise or fall in Mumbai today. Prices refer to yesterday's close. The preview includes news that broke after the markets shut. Stock symbols are in brackets after the company names.

The Bombay Stock Exchange's Sensitive Index, or Sensex, tumbled 3.7 percent to 12,961.68, its lowest level since April 5, 2007. The S&P CNX Nifty Index on the National Stock Exchange fell 3.6 percent to 3,896.75.

Overseas funds sold a net 2.27 billion rupees ($56 million) of Indian stocks on June 30, increasing their net outflow this year from equities to $6.37 billion, according to the nation's stock market regulator.

Cement Companies: Prices are likely to go up by 3 rupees per bag in Mumbai, Gujarat and the southern markets starting on Monday, the Economic Times reported. Ambuja Cements Ltd. (ACEM IN), a unit of world's second-largest cement maker Holcim Ltd., fell 2.95 rupees, or 3.9 percent, to 73 and ACC Ltd., India's biggest cement maker, fell 20.35 rupees, or 3.9 percent, to 505.15. Grasim Industries Ltd. (GRASIM IN), India's third- largest cement producer, declined 97.6 rupees, or 5.3 percent, to 1,725.4.

Sterlite Industries (India) Ltd. (STLT IN): Asarco LLC, a U.S.-based bankrupt copper producer, may sell its assets to India's largest copper producer for at least $2.6 billion in an auction this year, a judge ruled, setting up a competition for the assets between Sterlite and Asarco's parent, Grupo Mexico SAB. Sterlite dropped 28.05 rupees, or 4 percent, to 669.75.

Tata Motors Ltd., India's biggest truck maker, said vehicle sales in June rose 7 percent as it sold more trucks and buses. Tata Motors sold 47,245 commercial and passenger vehicles in India and overseas last month, compared with 44,317 units a year earlier, the Mumbai-based company said in an e-mailed statement today. Sales of commercial vehicles in India rose 25 percent to 26,767 units in the month, it said. The shares fell 17.55 rupees, or 4.1 percent, to 408.50.