Beacon Equity issues Technical Trading Overview for Hoku Scientific Inc.

DALLAS, Oct. 2, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring materials science company Hoku Scientific Inc. (Nasdaq:HOKU). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Hoku Scientific Inc. (Nasdaq:HOKU) should be of particular interest to other materials science companies: MEMC Electronics Materials (NYSE:WFR), Applied Materials Inc. (Nasdaq:AMAT) and Intel Corp. (Nasdaq:INTC).

It is available at: http://www.beaconequity.com/i/HOKU

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Hoku Scientific Inc. (HOKU) engages in the clean-technologies space through three business units: Hoku Materials, Hoku Solar and Hoku Fuel Cells. The Company intends to produce and market polysilicon for the solar industry through Hoku Materials in a facility in Pocatello, Idaho, which is currently under construction. HOKU markets turnkey PV solar systems in the Hawaii market.

In the report, the analyst notes:

"On September 30, 2009, the Company announced an agreement with Tianwei and China Construction Bank to build a production facility in Pocatello, Idaho. Per the agreement, Tianwei will receive $50 million (of an aggregate amount of $79 million) in common shares and related warrants secured by prepayments previously paid by Tianwei to HOKU for previously signed polysilicon supply agreements. Moreover, an additional $50 million in initial debt financing from Tianwei and assistance to HOKU to secure additional financing required to compete and operate the new facility.

"Tianwei will receive 33,379,287 new shares, completing a 60% Tianwei ownership of HOKU common shares outstanding. Tianwei also will receive 10 million warrants at $2.52 per share, and will hold four of the seven seats of HOKU's board of directors."

To read the entire report visit: http://www.beaconequity.com/i/HOKU

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BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com

Beacon Equity Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

CONTACT: Beacon Equity Research
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