Nyxio Technologies Corp., (OTCQB: NYXO) (PINKSHEETS: NYXO)has been given a $3.00 short term price target by Ray Dirks Research.

Ray Dirks came to Wall Street with Goldman, Sachs & Co. in 1963 where he was established as the leading insurance stock analyst dealing with institutional investors and high-net worth investors both in the U.S. and internationally. Ray Dirks made headlines in 1973 by uncovering then the biggest ponzi scheme of the 20th century. Equity Funding Corporation, listed on the New York Stock Exchange, had been widely touted as the fastest-growing large insurance company in the country, but Ray's research, which he conveyed to The Wall Street Journal and Barron's, exposed the fraud in less than 30 days. Ray Dirks has had a knack for uncovering undervalued growth stocks and this week announced his coverage on Nyxio Technologies Corp.

Nyxio Technologies is in a great position by being involved in what Intel Corp (NASDAQ: INTC) calls "the electronic device of the future" -- the Smart TV industry. Panasonic Corp (NYSE: PC) and Philips Electronics (NYSE: PHG) are just some of the major technology companies dedicating research and marketing dollars to this new and rapidly growing Smart TV technology.

To read the entire Ray Dirks Research Report on Nyxio Technologies, please visit http://www.cpreports.com/?p=1358

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