For Immediate Release

Chicago, IL - June 1, 2009 - Zacks Equity Research highlights Hurray! Holding Co. Ltd. (HRAY) as the Bull of the Day and Dell, Inc. (DELL) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Cemig (CIG), Copel (ELP) and CPFL (CPL).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676.

Here is a synopsis of all five stocks:

Bull of the Day:

We upgrade our recommendation to a Buy for Hurray! Holding Co. Ltd. (HRAY), a leading provider of wireless value-added services (WVAS) and digital download content in China, following large-scale 3G (TD-SCDMA) wireless network deployments and the company's transformation to an entertainment content developer.

Hurray! also has a respectable net cash position on its balance sheet and operating margins appear to be

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We upgrade our recommendation to a Buy for Hurray! Holding Co. Ltd. (HRAY), a leading provider of wireless value-added services (WVAS) and digital download content in China, following large-scale 3G (TD-SCDMA) wireless network deployments and the company's transformation to an entertainment content developer.

Hurray! also has a respectable net cash position on its balance sheet and operating margins appear to be improving due to cost reduction measures.

We believe the company may be in the midst of a favorable turnaround, with share priced at an attractive level near the company's net cash position. Wireless demand for mobile entertainment services may also result in higher revenue levels over the next six- to twelve-months.Zacks Investment Research

We upgrade our recommendation to a Buy for Hurray! Holding Co. Ltd. (HRAY), a leading provider of wireless value-added services (WVAS) and digital download content in China, following large-scale 3G (TD-SCDMA) wireless network deployments and the company's transformation to an entertainment content developer.Hurray! also has a respectable net cash position on its balance sheet and operating margins appear to be improving due to cost reduction measures.We believe the company may be in the midst of a favorable turnaround, with share priced at an attractive level near the company's net cash position. Wireless demand for mobile entertainment services may also result in higher revenue levels over the next six- to twelve-months. Read the full analyst report on "HRAY"Zacks Investment Research

UpSNAP, Inc. (UPSN) is a company providing mobile entertainment services, a mobile search engine, and an advertising platform for cellular users in the United States. The company has developed the first cellular-specific directory and entertainment platform via paid listings and premium services.

UpSNAP’s entertainment services are provided through its proprietary Streaming Wireless Internet Gateway (SWInG) platform. The platform enables cellular users by providing access to live and on-demand streaming audio content, including NASCAR In-Car Audio, ESPN Radio, and over 150 additional radio channels via radio, television, or satellite sources.

UpSNAP’s mobile search engine utilizes a patent-pending technology that uses flexible wireless search and natural language commands to deliver services to cellular users. The commands are then combined with a multi-media voice-over Internet protocol (VoIP) infrastructure that call-connects cellular to merchants. Cellular users are able to easily search and browse for mobile content and comparison shop for products and connect directly

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UpSNAP, Inc. (UPSN) is a company providing mobile entertainment services, a mobile search engine, and an advertising platform for cellular users in the United States. The company has developed the first cellular-specific directory and entertainment platform via paid listings and premium services.

UpSNAP’s entertainment services are provided through its proprietary Streaming Wireless Internet Gateway (SWInG) platform. The platform enables cellular users by providing access to live and on-demand streaming audio content, including NASCAR In-Car Audio, ESPN Radio, and over 150 additional radio channels via radio, television, or satellite sources.

UpSNAP’s mobile search engine utilizes a patent-pending technology that uses flexible wireless search and natural language commands to deliver services to cellular users. The commands are then combined with a multi-media voice-over Internet protocol (VoIP) infrastructure that call-connects cellular to merchants. Cellular users are able to easily search and browse for mobile content and comparison shop for products and connect directly

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