Stock Market Champs..........10-16-06

Lumera Corp. (LMRA)

Last Trade:	3.45
Trade Time:	1:53PM ET
Change:	1.87 (118.35%)

Lumera Corporation (NASDAQ: LMRA), an emerging leader in the field of nanotechnology, announced today that it has completed successful testing of its millimeter wave wireless bridge that will enable government and commercial entities to transmit vast amounts of data via a variety of high speed telecommunications networks.

The successful test included transmitting 10 Gbps at 94 GHz, through the use of Gigabit Ethernet and other standard protocols. The single band wireless communications system completes the first phase of Lumera’s product development. In mid-November, Lumera expects to finalize the development and testing of its multiband, high-data-rate, adaptive millimeter-wave wireless communication system.

“We are extremely pleased with the results of the tests on this first system,” said Dr. Raluca Dinu, Director of Lumera’s Electro-Optics Business Unit. “Based on these internal results, we are confident that the third party tests to be conducted next month on the multiband system will be equally positive. We’ve already begun discussions with prospective customers who have expressed interest in the fully functional commercial product.”

Potential applications for the wireless bridge include enterprise campus connectivity, local area network (LAN) extension, metropolitan area network (MAN), redundant access (network diversity), storage access (SAN), distribution of high definition video, teleradiology. Target customers are organizations with vast amounts of data to transmit, such as large commercial enterprises and universities. Government agencies have also expressed an interest in such a high-data-rate wireless bridge for use in disaster recovery applications. Lumera’s wireless bridge offers high data transmission rates at low cost while avoiding the expense of digging and laying optical fiber, in an integrated system solution.

eMerge Interactive Inc. (EMRG)

Last Trade:	2.96
Trade Time:	1:54PM ET
Change:	1.20 (68.18%)

EMerge Interactive Inc. on Monday said it agreed to merge PRIME BioSolutions LLC into a subsidiary of eMerge. On completion of the deal, eMerge will change its name to PRIME BioSolutions Inc. and will be headquartered in Omaha, Nebraska, the company said in a statement.

Open Solutions Inc. (OPEN)

Last Trade:	37.65
Trade Time:	1:55PM ET
Change:	7.37 (24.34%)

Banking Software Company Sold to Private Investors in $785M Deal

Open Solutions Inc., a software company specializing in products for financial institutions, announced Monday it is being sold to private investors for $785 million, plus the assumption of debt.

Providence Equity Partners and The Carlyle Group plan to pay $38 for each share of Open Solutions common stock, which amounts to a 32 percent premium over the average closing price in the last 30 days. The shares had closed Friday at $30.28 on the Nasdaq Stock Market.

Open Solutions stock was at $37.66, up $7.38 or 24 percent, in afternoon trading Monday.

The agreement also lets holders of Open Solutions' debt to convert their bonds into stock, potentially valuing the total deal at $1.3 billion.

Open Solutions' software includes accounting, banking and cash management programs as well as Web hosting and design services for financial institutions.

Founded in 1992, Open Solutions has 1,700 employees in nearly two dozen offices around the country as well as in Canada and India.

The transaction is expected to be completed in the first quarter of 2007, subject to approval by stockholders and federal regulators.

"This is yet another exciting chapter for Open Solutions as we continue our efforts to revolutionize the financial services sector," said Open Solutions Chairman Louis Hernandez Jr.