New on Wall Street Reporter: Cabot Analyst's Take on Solar Stocks

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Tue Jan 15, 2008 6:00pm EST

Riptide Worldwide Inc. CEO Frank Wilde also explains how he's consolidating in
the red-hot practice management space

    NEW YORK, Jan. 15 /PRNewswire/ -- With the charts "basically saying the
market isn't that healthy at the moment," Mike Cintolo, editor of the Cabot
Market Letter, recently told Wall Street Reporter, that he's "happy on the
sidelines" with a 2/3 allocation to cash -- but individual stocks still remain
attractive.
    In particular, Cintolo notes that solar power stocks like Suntech Power
(NYSE: STP) and Memc Electronic Materials (NYSE: WFR) are shaping up to become
"one of the first glamour sectors to really take the market by storm" after
the dot-com boom.
    Investors looking for more on what Cintolo thinks about solar and how
Cabot's technical analysis helped its model portfolio substantially outperform
the broad market last year can listen to his exclusive commentary at
www.WallStreetReporter.com. Those hungry for more news and commentary straight
from the mouths of market gurus and corporate executives can find hundreds of
other interviews archived on the site.
    For example, Frank Wilde, chief executive officer at the newly renamed
Riptide Worldwide Inc. (OTCBB: SDLP) -- until recently known as Shea
Development Corp. -- says the $10 billion market for business practice
management and automation is "on fire," with "CEOs and CFOs scared stiff to
wake up one day and realize that something is wrong with their company."
    Highlights of the interview:

    -- Details on how the company's aggressive M&A strategy should translate
       "a standing start" in 2007 into positive EBITDA in 2008.
    -- "Very, very high-end" existing clientele, including Marriott and
       Raytheon.
    -- Management's past experience as serial entrepreneurs with successful
       exits.


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    About Riptide Worldwide Inc.
    Riptide Worldwide Inc. (OTCBB: SDLP) develops business process automation
(BPA) and business process management (BPM) software to integrate, assemble,
and optimize available IT assets to drive business process productivity,
reliability, and security.
    Forward-Looking Statements
    Statements in this press release relating to plans, strategies, economic
performance and trends, projections of results of specific activities or
investments, and other statements that are not descriptions of historical
facts may be forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking
information is inherently subject to risks and uncertainties, and actual
results could differ materially from those currently anticipated due to a
number of factors, which include, but are not limited to, risk factors
inherent in doing business. Forward-looking statements may be identified by
terms such as "may," "will," "should," "could," "expects," "plans," "intends,"
"anticipates," "believes," "estimates," "predicts," "forecasts," "potential,"
or "continue," or similar terms or the negative of these terms. Although we
believe that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity,
performance or achievements. The company has no obligation to update these
forward-looking statements.
SOURCE  Wall Street Reporter

Jack Marks, CEO & Publisher of Wall Street Reporter Magazine, +1-212-363-2600,
ext. 260; or Frank Wilde, Chairman & CEO of Riptide Worldwide Inc.,
+1-650-450-0353
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