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China America Holdings, Inc. (OTCBB: CAAH), a diversified holding company operating in both the United States and China, announced today that its Shanghai Aohong subsidiary has begun to distribute refrigeration lubricant products manufactured by CPI Engineering Services, Inc. in China. Management believes these new distribution operations could generate over $4 million in revenues in 2008.

Other stocks highlighted include Smurfit-Stone Container Corp. (NASDAQ: SSCC): Watch List, up 10% on 9 million shares, Beacon Power Corporation (NASDAQ: BCON): Watch List, up 17% on 9 million shares, Charter Communications, Inc. (NASDAQ: CHTR): Watch List, up 6% on 8 million shares.

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