Midday Report & Alerts Wednesday, August 10 CWTI, EITFF, IAIC, NXPW.

M2 PRESSWIRE-10 August 2005-Beacon Equity Research: Midday Report & Alerts Wednesday, August 10 CWTI, EITFF, IAIC, NXPW(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:10082005

Arlington, Texas: Clean Water Technologies, Inc. (OTCBB: CWTI) Up 85% Early, Eiger Technology, Inc. (TSX: AXA, OTCBB: ETIFF) turns profitable in third quarter, Information Analysis Inc. (OTCBB: IAIC) Reports Second Quarter Results, and NextPhase Wireless (OTCBB: NXPW) Up 24% On Financials.

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Clean Water Technologies, Inc. (OTCBB: CWTI) and its subsidiaries hold a license for clean water technology developed at University of South Florida to remove arsenic from drinking water. It sublicenses clean water technology to International Water Purification Technologies, LLC. The company was formerly known as Nu Electric Corporation and changed its name to Clean Water Technologies, Inc. in April 2002. Clean Water Technologies is based in Tarpon Springs, Florida.

Eiger Technology, Inc. (ETIFF) announces results for the third quarter of fiscal year 2005. For the three months ended June 30, 2005, net income was $85,000 ($0.00 per share) vis a vis a net loss of $816,000 ($0.02 per share) during the same period last year, and a net loss of $300,000 ($0.01 per share) in the previous quarter. Eiger has filed its financial statements and Management Discussion and Analysis for the third quarter of fiscal 2005 on SEDAR (www.sedar.com). Eiger Technology, Inc., headquartered in Toronto, Ontario is a publicly traded company listed on the Toronto Stock Exchange. For more information please call (416) 216-8659 of refer to www.sedar.com.

Information Analysis Inc. (IAIC) reported results for the second quarter ended June 30, 2005. Revenues were $3,006,000 up 39% from the $2,158,000 reported in 2004's second quarter. The Company reported net income of $148,000, or $0.01 per share, compared to net income of $59,000, or $0.01 per share in 2004's second quarter. For the six months ended June 30, 2005, IAI had revenue of $5,193,000, up from the $4,274,000 reported for six months ending June 30, 2004. Net income for the first six months of fiscal 2005 was $220,000, or $0.02 per share, versus net income of $112,000, or $0.01 per share, in the comparable 2004 period.

NextPhase Wireless (NXPW), Inc. provides wireless broadband Internet connectivity and turnkey wireless solutions in Orange County, California. It designs, deploys, and operates a wireless Wi-Fi and Wi-Max interactive broadband network. The company's services include wireless digital subscriber line, voice over wireless local area network services, wireless backup services, Web hosting, and co-location services, as well as wireless network installation, maintenance, and monitoring services. It offers its services to business class customers, government agencies, and consumer class Internet users. NextPhase Wireless is headquartered in Anaheim, California.

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