Investor Alley Inc.

Announcements & News For: (OTCQB: REDG), (NASDAQ: LEDS)

 

New York, NY -- (ReleaseWire) -- 03/27/2013 --Red Giant Entertainment Inc. (OTCQB: REDG) is pleased to announce the launch of their all-ages property MEDUSA'S DAUGHTER. The title will be available to readers in multiple formats and media.

There will be an online serialized comic at Red Giant's host and strategic partner, Keenspot.com, which attracts 2.5 million unique visitors monthly and is promoting MEDUSA across their entire network. It will also be available as a print hardcover graphic novel and as a text-only novel format as well at the same time.

"We're proud to have MEDUSA as part of our line-up of all-ages webcomics," said Red Giant Board Member and Keenspot CEO, Chris Crosby. "Its real-world supernatural delights join lighter fare like Red Giant's BUZZBOY and ROBOY RED as high-quality comics entertainment for the whole family to enjoy."

Find out more on REDG here:
http://www.wallstreetreport.net/market-scan/?symbol=REDG

SemiLEDs Corporation (NASDAQ: LEDS) develops, manufactures and sells LED chips and LED components. Shares of SemiLEDs have gained nearly 26 percent in the last traded session.

LED companies have been trending upwards in recent weeks due to potential growth within the lighting market, which has been dominated by the standard incandescent bulb for decades. Greg Sebasky, CEO of Philips' North American Unit, has recently stated that the LED lighting market will grow 40 percent in 2013, according to research firm IHS Inc.

In the U.S. LED bulbs account for less than 1 percent of the 5.6 billion bulbs used in residential homes. Although LED bulbs cost quite a bit more than the stand bulb, the higher costs of LED bulbs have begun to be justified by the consumer as they are 80 percent more efficient and can last for over a decade.

Find out more on LEDS here:
http://www.wallstreetreport.net/market-scan/?symbol=LEDS

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