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otcstockexchange.com: UPZS, NWWV, RMDG, OEGY OTCStockExchange.com Stock Alert

Rochester, NY, Jun 08, 2006 (M2 PRESSWIRE via COMTEX) -- OTCStockExchange.com's "Stock Watch Alert" this morning are Unique Pizza and Subs Corporation (Pink Sheets: UPZS), NeWave, Inc. (OTCBB: NWWV), RMD Entertainment Group (Pink Sheets: RMDG), Open Energy Corp. (OTCBB: OEGY).
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Unique Pizza and Subs Corporation (Pink Sheets: UPZS - http://finance.yahoo.com/q?s=UPZS.PK ) Unique Pizza and Subs Corporation, a Delaware Corporation, projects its rapid expansion in 6 (six) U.S. markets in 2006: Atlanta, Ga., Austin, Texas, Boston, Mass., Milwaukee, Wis., Norfolk/Chesapeake, Va. and Pittsburgh, Pa. With these new markets opening, Unique Pizza and Subs will establish 194 (one hundred and ninety-four) locations open by the end of 2007, with sales totaling $84,233,400. In addition to the six territories scheduled to start opening by July 2006, Unique Pizza and Subs is in various stages of negotiations with prospective franchisees in: Canton, Mich., Charlotte, N.C., Chicago, Ill., Greensburg, Pa., Houston, Texas, Ontario, Calif., Phoenix, Ariz., Royal Oak, Mich., and Sacramento, Calif., with the minimum commitment of five locations per franchisee.

James Vowler, President and CEO of Unique Pizza and Subs, stated, ''It's exciting and humbling, already having signed commitments in six major markets to open almost two hundred new locations by the end of 2007! Our franchise and marketing departments haven't even started our franchising campaign (scheduled to start marketing 'franchises for sale' in September of this year). We know it is a very ambitious objective to open two hundred new franchises in the next eighteen months, that is why we have selected franchisees that have a strong passion toward our brand, committed to five or more stores and have the financial viability to open them. I designed Unique Pizza and Subs, from the beginning, to expand rapidly in any market. We not only open stores in the high profile areas, but we go into the smaller markets and convert independent pizza shops into a Unique Pizza and Subs in about a week. Our current success is another strong indication to our loyal shareholders of the aptitude of our company to expand our/their franchise nationwide.''

Unique Pizza and Subs is the only publicly traded pizza franchise that has been designed to succeed in ''high profile'' as well as smaller markets, allowing for a much more rapid growth in any market than its competition. Unique Pizza and Subs has four clear advantages over the rest of the pizza industry: superior quality of product, a unique and extensive menu, Customer Response Center (C.R.C. receives incoming orders for all nationwide stores), and a well defined strategy for converting existing locations within a market. Unique Pizza and Subs is well positioned for strong growth throughout the U.S. and they anticipate many significant announcements over the next few months to support that contention. This will allow them to reach strategic and financial milestones that will provide reassurance for shareholders and brokers, while propelling serious interest from potential investors.

About Unique Pizza and Subs Corporation, a Delaware Corporation

Unique Pizza and Subs Corporation currently is a startup/development stage company. Jim Vowler, President and CEO, completed four years of research before opening his first pizza restaurant in Millvale, Pa., and then spent the next eleven years refining every aspect of the pizza business and was responsible for opening more than 20 locations under the name Unique Pizza Factory Corporation. Mr. Vowler's pizzas were the official pizza of the Pittsburgh Penguins and won numerous awards for taste and quality. Calling on this experience, Mr. Vowler has assembled an experienced management team to further develop the company's unique, quality products and business model that is well positioned for rapid growth.

NeWave, Inc. (OTCBB: NWWV - http://finance.yahoo.com/q?s=NWWV.OB ) NeWave, Inc. announced that it has acquired Santa Barbara-based One Source Imaging (OSI). OSI is a business to business media design firm offering a full range of services including graphic design, printing services, data merge, mailing and finishing.

NeWave CEO Michael Hill stated, "The acquisition of OSI allows us to now fully control the printing and fulfillment process in-house as well as realize significant cost savings of approximately 15% and 40% respectively within these areas. The fact that OSI is a local firm with a solid reputation makes for easy logistical and cultural assimilation." He added, "Our strategic decisions are based upon their potential impact on both top line growth as well as earnings and believe that this acquisition falls within those parameters."

RMD Entertainment Group (Pink Sheets: RMDG - http://finance.yahoo.com/q?s=RMDG.PK ) RMD Entertainment Group announced that the Company has scheduled a week long strategy summit with its key European Distributor, The Pickwick Group Ltd., beginning on June 22. RMD will be represented by its newest employee-key entertainment veteran and former Bad Boy Worldwide Entertainment Group 'Promotions' executive, Kevin Hill.

Pickwick Group's Head of Label Operations Dom Rapello said, "RMD brought us a strong catalogue of both DVD and CD releases that should do very well for us in our market. Our goal in this meeting is to get our staff and our retail outlets familiar with the key RMD titles such as Blockstar DVD Magazine and Roc Monee. This is going to be a busy summer here at Pickwick for RMD. We plan on releasing no less than three titles from the RMD catalogue within the next 90 days."

The first release date is scheduled for July 2nd and will feature the highly acclaimed Blockstar Hip Hop Magazine DVD. According to the terms of their Distribution Agreement, RMD will receive revenue every thirty days from Pickwick, beginning thirty days from the first release. Therefore, revenues to RMD from the release will begin in August.

Giorgio Costonis, CEO of RMD Entertainment, commented, "I have full confidence in the job that Kevin Hill is doing for us. Europe is the number 2 Market now in the Hip Hop Community right behind North America. We are quickly positioning ourselves as leaders in the Urban Media content business. Our goal is to become the number one provider of Hip Hop music globally. Mr. Hill has communicated that goal with the Pickwick Group and this summit is designed to help us achieve that objective."

New RMD Executive Kevin Hill, added, "I am responsible for driving the European Revenues for RMDG and am excited about our prospects overseas this year and in the future. Our first release date through the Pickwick system is next month. My goal in this summit is to do everything I can to put us in a position to maximize our revenues in the European Marketplace."

Additionally, RMD announced that it will compliment Pickwick's distribution with several key digital distributors and ring-tone retailers in the territory. Mark Davis, Head of Digital Distribution, will be leading this initiative for the company.

Open Energy Corp. (OTCBB: OEGY - http://finance.yahoo.com/q?s=OEGY.OB ) Open Energy Corp. focuses on the development and commercialization of renewable energy products and technologies for a wide range of applications including solar energy, power production, and water desalination. The Company pursues these objectives through acquisitions, strategic partnerships, technology transfer opportunities, and other business strategies. The Company's mission is to harness the power of sun to meet the growing resource demands of sustainable 21st Century development.

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