SARASOTA, FL -- (MARKET WIRE) -- 04/10/08 -- eLocity's stocks to watch for today are -- Tecton Corporation (OTCBB: TTNC), Victory Energy Corporation (OTCBB: VYEY), SpongeTech® Delivery Systems, Inc. (OTCBB: SPNG), Golden Patriot Corp. (OTCBB: GPTC).

Investors, have a look at the Tecton Corporation (OTCBB: TTNC), a US-based exploration company focused on the acquisition and development of a portfolio of high-quality uranium properties in the USA and Canada. Tecton Corporation announced on Wednesday that it had entered into a twelve-month financing agreement with Swissalis Group AG of Zurich, Switzerland, a company that specializes in financing junior resource companies by way of private placement.

Tecton said the agreement calls for Swissalis to contribute $1,500,000 USD in financing to support Tecton's business plan, which is currently centered on advancing two important uranium projects: the Firefly project in south central Utah and the Wapata Lake project in the prolific Athabasca region of Saskatchewan, Canada.

Norman Meier, Tecton's President and Chief Executive Officer, stated, "We believe Tecton will benefit greatly through this partnership as a result of Swissalis' extensive network of private and institutional investors in the European market. This Tecton financing illustrates the continued confidence of Swissalis in Tecton's ability to execute its business plan."

Tecton Corporation is a uranium exploration company trading on the OTCBB under the symbol TTNC. Tecton has a Swiss and North American management team focused on the acquisition and development of high-quality uranium properties. Tecton's corporate strategy is to acquire advanced-stage uranium properties that are either past producers, have been the subject of prior work programs, and/or contain historic resources. Additionally, Tecton intends to acquire selective early-stage properties should they possess significant geologic merit.

Tecton's corporate offices are located in Zurich, Switzerland. Mineralogics, of Tucson, Arizona, manages Tecton's geological duties. North American corporate communications representatives are located in California, USA.

Shares of Tecton Corporation (OTCBB: TTNC) closed Wednesday at $0.80.

Other stocks to watch:

Victory Energy Corporation (OTCBB: VYEY), a developmental stage petroleum company primarily dedicated to energy-related opportunities, announced Wednesday that drilling has started on the tenth well for the Corporation in its Canyon Sandstone gas play located in the Texas Permian Basin.

VYEY closed Wednesday at $0.195.

SpongeTech® Delivery Systems, Inc. (OTCBB: SPNG) announced on Wednesday that the Company is a Season Sponsor of the Yankees and will have a Promotional Day at Yankee Stadium on Monday, July 28, 2008. According to Steven Moskowitz, SpongeTech's® Chief Operating Officer, the Company will distribute key chains to the first 18,000 fans under 14 or 21 and over in attendance.

SPNG closed Wednesday at $0.0195.

Golden Patriot Corp. (OTCBB: GPTC), a junior exploration company with active interests in both uranium and gold prospects, announced Wednesday conclusions from the recently completed Radon Survey conducted by GeoXplor Corp. headed by John Rud, Geologist M.Sc. on the Lucky Boy Uranium Project in Gila County, Arizona. Golden Patriot reported the completed survey over the central region of the Lucky Boy mineral claim block defines a 500ft x 500ft area of high anomalous radon gas occurrences. The anomalous area delineated by the radon survey north and east of the Lucky Boy mine workings have the potential to contain approximately 500,000 tons of mineralized material with a grade of 0.12% U3O8 (based on historical production data). The most favorable host rock, gray unit of the upper member of the Dripping Spring Quartzite, crops out in the open pit area of the old mine workings. The average grade of the uranium ore loaded on the leach pad exceeds 0.10% U3O8 (2 pounds per ton).

GPTC closed Wednesday at $0.009.

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