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Companies news of 2007-04-04 (page 2)

  • Energizer and L.P.I. Resolve Trademark Lawsuit
  • Synopsys Enhances Library Compiler to Put Current-Source Models Within Reach of Every...
  • eCollege(R) Recognizes Excellence in Online Teaching and AdministrationeCollege Presents...
  • AnalogicTech Announces Highest Power Density 2A Battery ChargerCompact 3x3-mm Device...
  • Circuit City Stores, Inc. Reports Fourth Quarter and Fiscal 2007 ResultsCompany Issues...
  • Novellus Named by Chartered as Top Supplier for 2006 in the Equipment Category...
  • CTG Announces Adoption of 10b5-1 Plan to Facilitate Share Repurchases
  • Busting the Barrier: Pervasive Software Release Changes the Speed and Economics of SaaS...
  • Cimmetry Introduces AutoVue Training CourseGold Level Training Delivers AutoVue...
  • Level 3 Completes Purchase of AT&T Divestiture Assets
  • Hurray! Enters into Framework Contract with Beijing TV Subsidiary
  • RightNow Technologies to Host Federal User Group on April 10, 2007
  • LANW, PALM and STKL Update the Investment Community in All-new Interviews With WallSt.net
  • University of Pittsburgh Medical Center Chooses Oce Business Services for Document Process...
  • Please Join Us for the Secure Computing Conference Call
  • Adaptis Conquers QNXT Bachelor Certification in Record TimeAdaptis Speakers to Present...
  • SupportSoft, Inc. to Hold First Quarter Investor Conference Call on Thursday, April 26th...
  • The Allied Defense Group Announces First Fielding of Battlefield Effects Simulators for...
  • LINKTONE TO ATTEND JP MORGAN CHINA CONFERENCE 2007
  • ALONG Mobile Technologies Inc. Announces Its First Quarter Unaudited Fiscal 2007 Financial...
  • Spectranetics to Present at SunTrust Institutional Conference on April 11
  • Daiwa Securities SMBC Extends CheckFree TradeFlow For TRAX2 Migration
  • Quantel: Resultats Annuels 2006
  • Diamond Management & Technology Consultants, Inc. Announces Date for Fourth Quarter Fiscal...
  • Xilinx Virtex-5 FPGAs Sweep 17th Annual EDN Innovation AwardsIndustry's first 65nm FPGAs...



    Energizer and L.P.I. Resolve Trademark Lawsuit

    ST. LOUIS, April 4 /PRNewswire-FirstCall/ -- Energizer Holdings, Inc. and L.P.I. Consumer Products, Inc. announced today that the lawsuit filed by L.P.I. against Eveready Battery Company, Inc. and Schick Manufacturing, Inc., both subsidiaries of ENR, in the United States District Court for the Southern District of Florida, in which L.P.I. asserted trademark infringement with respect to the term "all in one" and Eveready and Schick sought cancellation of L.P.I.'s trademark registration, has been amicably resolved and dismissed. All settlement terms are confidential.

    L.P.I. Consumer Products, Inc., headquartered in Pompano Beach, Florida, is the manufacturer of "ShaveMate" brand razors which feature a patented combination of shaving cream inside the razor's handle -- ShaveMate "Diva" for women & ShaveMate "Titan" for men.

    Energizer Holdings, Inc., headquartered in St. Louis, Missouri, is one of the world's largest manufacturers of primary batteries and flashlights and is the parent company of Schick-Wilkinson Sword, the second largest manufacturer of shave products in the world.

    Energizer Holdings, Inc.

    CONTACT: Jackie Burwitz of Energizer Holdings, Inc., +1-314-985-2169

    Web site: http://www.energizer.com/




    Synopsys Enhances Library Compiler to Put Current-Source Models Within Reach of Every DesignerNew Features Assure Library Quality and Reduce Characterization Cost

    MOUNTAIN VIEW, Calif., April 4 /PRNewswire-FirstCall/ -- Synopsys, Inc. , a world leader in semiconductor design software, today announced significant new technology updates to its widely-used Library Compiler solution designed to assure high-quality current-source libraries while reducing characterization cost. A new set of features in Library Compiler will enable current-source library validation, correlation, compaction and model translation all with near-HSPICE(R) simulation accuracy.

    "The long-standing collaboration between ARM and Synopsys has enabled continuous availability of high-quality IP models for our mutual customers," said Herb Gebhart, director of product marketing, Physical IP, ARM. "To expand availability of CCS views, ARM works with Synopsys on validation and correlation automation using Library Compiler technology. An automated flow enables a consistent and streamlined delivery of high-quality views."

    "In order to get the best accuracy from PrimeTime(R), the industry's golden sign-off tool, designers need high-quality library models," said Jim McCanny, chief executive officer at Altos Design Automation. "Using the new Library Compiler technology, we've worked with Synopsys to do closed-loop validation and correlation of CCS timing and noise libraries generated with Altos Liberate. We are seeing excellent accuracy correlation between PrimeTime and HSPICE simulation to within 2 percent."

    "Current-source models address key nanometer modeling needs and are becoming crucial at 65 nanometers and below," said Ken Liou, director of the IP and Design Support Division at UMC. "These new models require efficient quality assurance to ensure that they deliver the best results when used in EDA applications. We have worked closely with Synopsys to automate the validation and correlation of our CCS libraries using the new Library Compiler features and have experienced highly-accurate results."

    "As a semiconductor industry trusted IP partner, Virage Logic is committed to delivering the highest quality semiconductor IP to our customers which includes validated EDA tool views," said Mary Ann White, director of business development at Virage Logic Corporation. "Through adoption of the core checking capabilities that will be available in Library Compiler, we will be able to broaden our support to include quality CCS timing and noise views in our advanced process technology IP products."

    Current-source modeling is a key technology that significantly increases library accuracy by modeling new effects that have emerged at the 65- nanometer-and-below process technologies. Widespread adoption of this modeling technology has been hindered by the lack of library quality-assurance tools, a multifold increase in data size, and multiple standards. To address these challenges, Synopsys enhanced Library Compiler to include a suite of library quality assurance, compaction, merging, scaling and model translation functions.

    Using the open-source Liberty(TM) Composite Current Source (CCS) models, these new Library Compiler capabilities give library developers unsurpassed flexibility in delivering verified libraries at scaled voltage or temperature corners for tool flows from multiple vendors. Library Compiler helps assure high-quality CCS models for end users by performing automated validation and closed-loop correlation checking between the two industry "gold standards" for accuracy, the Synopsys PrimeTime sign-off solution and the HSPICE simulator. Library Compiler can also create legacy non-linear delay models (NLDM) or other third-party current-source models from CCS models, since they are a universal superset.

    "At 65 nanometers and below, customers have tried to address new nanometer effects by characterizing more library corners and increasing guard- band margins," said Ahsan Bootehsaz, vice president of Research and Development, Synopsys Implementation Group. "Synopsys introduced CCS modeling technology to help customers address these modeling challenges without increasing cost. The new Library Compiler capabilities allow customers to take full advantage of current-source modeling technology without worrying about format standards, library quality assurance or data size."

    Availability

    Library Compiler is available today, with the newest functionality enhancements in limited customer availability in the 2007.03 release. General availability will commence with the 2007.06 release.

    About Synopsys

    Synopsys, Inc. is a world leader in EDA software for semiconductor design. The company delivers technology-leading semiconductor design and verification platforms and IC manufacturing software products to the global electronics market, enabling the development and production of complex systems-on-chips (SoCs). Synopsys also provides intellectual property and design services to simplify the design process and accelerate time-to-market for its customers. Synopsys is headquartered in Mountain View, California and has offices in more than 60 locations throughout North America, Europe, Japan and Asia. Visit Synopsys online at http://www.synopsys.com/.

    Synopsys, HSPICE and PrimeTime are registered trademarks of Synopsys, Inc. Liberty is a trademark of Synopsys, Inc. ARM is a registered trademark of ARM Limited. All other brands or product names are the property of their respective holders. "ARM" is used to represent ARM Holdings plc; its operating company ARM Limited; and the regional subsidiaries ARM INC.; ARM KK; ARM Korea Ltd.; ARM Taiwan; ARM France SAS; ARM Consulting (Shanghai) Co. Ltd.; ARM Belgium N.V.; AXYS Design Automation Inc.; AXYS GmbH; ARM Embedded Solutions Pvt. Ltd.; ARM Physical IP, Inc.; and ARM Norway, AS. Any other trademarks or registered trademarks mentioned in this release are the intellectual property of their respective owners.

    Editorial Contacts: Sheryl Gulizia Synopsys, Inc. 650-584-8635 sgulizia@synopsys.com Rachel Modena Barasch MCA, Inc. 650-325-7547 rbarasch@mcapr.com

    Synopsys, Inc.

    CONTACT: Sheryl Gulizia of Synopsys, Inc., +1-650-584-8635,
    sgulizia@synopsys.com; or Rachel Modena Barasch of MCA, Inc., +1-650-325-7547,
    rbarasch@mcapr.com

    Web site: http://www.synopsys.com/




    eCollege(R) Recognizes Excellence in Online Teaching and AdministrationeCollege Presents 10-Year Partnership Award to DeVry University

    DENVER, April 4 /PRNewswire-FirstCall/ -- eCollege(R) , a leading provider of value-added information services to the post-secondary education industry, presented its annual partnership awards recognizing best practices in online teaching and administration during its recent CiTE (Center for Internet Technology in Education) conference held in Denver, CO. The awards honor outstanding achievement in developing, delivering and growing successful online programs.

    eCollege presented the 10-year partnership award to DeVry University in recognition of its long-time dedication to meeting the diverse needs and growing demand of its students through quality online programs. eCollege and DeVry Inc. , one of the largest publicly held higher education companies in North America, began their strategic partnership in 1997. In 2003, DeVry University standardized all of its graduate and undergraduate eLearning offerings on the eCollege System. DeVry's career-oriented degree programs prepare students for the constantly changing demands of today's businesses and industries.

    "We are honored to receive the 10-year partnership award, as it marks a significant milestone in the evolution of online education and the success of our programs," said Daniel Hamburger, president and chief executive officer of DeVry Inc. "Our partnership with eCollege has been a big part of helping us achieve the goals of our institution and our students."

    Additionally, eCollege presented the 2007 Excellence in Online Administration (eOA) Awards in recognition of those administrators who have leveraged eCollege's solutions to direct, manage and administer large and fast-growing online programs. Criteria included: establishing superior student and instructor support practices; developing high-quality online education programs; promoting online education to, and effective collaboration with, the traditional on-campus administrative environment; and using innovative tactics to further develop online education programs. This year's eOA recipients included:

    * Jamie Byrd, Professional Career Development Institute * Andy Holmes, Eastern Michigan University * Pam Montroy, Spectrum Pacific Learning Company * Sarah Nordin, Solano Community College * Jon Lenrow, Peirce College

    eCollege also presented the 2007 Excellence in Online Teaching (eOT) Awards to instructors who have used the eCollege solution for the following: creating superior online content; developing highly engaging learning opportunities; forming outstanding mentoring relationships with students; promoting exceptional learner-learner collaboration; and leveraging first-rate approaches to assessment. This year's eOT recipients included:

    * Paula Henry, Iowa Lakes Community College * Anne-Michelle Marsden, Rutgers University * Carla Piper, Chapman University College * Deborah A. Raines, Florida Atlantic University * Doralia Ann Reynolds, Edukan

    "We are pleased to recognize this year's award recipients, all of whom have demonstrated best practices in contributing to the success of their students and the growth of their programs," said Oakleigh Thorne, chairman and CEO of eCollege. "We also are honored to recognize DeVry University for its significant, long-time commitment to delivering innovative, high quality online education."

    About eCollege

    eCollege is a leading provider of value-added information services to the post-secondary and K-12 education industries. The Company's eLearning Division designs, builds and supports some of the most successful, fully online degree, certificate/diploma and professional development programs in the country. The Company's Enrollment Division, Datamark, Inc., helps institutions build new enrollments and increase student retention. Customers include publicly traded for-profit institutions, community colleges, public and private universities, school districts and state departments of education. eCollege was founded in 1996 and is headquartered in Chicago, with the eLearning Division headquartered in Denver. Datamark was founded in 1987 and is headquartered in Salt Lake City. For more information, visit http://www.ecollege.com/ and http://www.datamark.com/.

    eCollege is a registered trademark of eCollege.

    eCollege

    CONTACT: Kristi Emerson of eCollege, +1-303-873-3788,
    kristie@eCollege.com

    Web site: http://www.datamark.com/

    Web site: http://www.ecollege.com/




    AnalogicTech Announces Highest Power Density 2A Battery ChargerCompact 3x3-mm Device Reduces PCB Space, Solution Cost

    SUNNYVALE, Calif., April 4 /PRNewswire-FirstCall/ -- Advanced Analogic Technologies Incorporated (AnalogicTech) , a developer of power management semiconductors for mobile consumer electronic devices, announced today the AAT3697, an extremely high power density linear battery charger for Lithium-ion/polymer batteries. Coming in a small, 12-pin, 3mm x 3mm TDFN package, the latest addition to AnalogicTech's rapidly expanding battery charger product line offers up to 2A of charge current while occupying only 9 mm(2) of PCB area.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20050829/SFTU089LOGO )

    "Power density is an increasingly important consideration in a wide variety of high performance handheld systems, like smart phones, GPS systems and portable media players that use high capacity batteries," notes Bill Weiss, product line director for AnalogicTech. "This new linear charger offers the industry's highest charge-current-to-solution-footprint ratio while the integration of AnalogicTech's intelligent digital thermal loop feature enables the host system to use a high current linear charger without the risk of pulse charging the battery."

    Intelligent thermal management

    The AAT3697 integrates an internal charging device, reverse blocking and current sensing circuits. An intelligent digital thermal loop control system continuously measures internal circuit temperature and automatically reduces the fast charge current when the device exceeds a preset die temperature threshold. By constantly evaluating the die temperature and adjusting the fast charge current only to the extent necessary, this closed-loop thermal management system maximizes charge current and minimizes charge time, even under harsh high temperature operating conditions.

    The AAT3697 continuously monitors battery temperature and charge state for fault conditions. If an over-voltage or over-temperature condition occurs, the device automatically shuts down to protect the charging device, the control system and the battery under charge. A battery charge timer also protects the battery and the system by terminating charge if the user-programmable charge time is exceeded.

    The new battery charger also features two status monitor output pins capable of driving external LEDs to indicate charge status. A serial interface output can be used to report any of 12 charge states to the system microcontroller.

    Price and availability

    The AAT3697 is available in a Pb-free, thermally-enhanced, 12-pin TDFN 3x3-mm package and is rated over the -40 degrees C to +85 degrees C temperature range. It sells for $1.16 each in 1,000 piece quantities.

    About AnalogicTech

    Advanced Analogic Technologies Incorporated (AnalogicTech) is a supplier of power management semiconductors for mobile consumer electronic devices, such as wireless handsets, notebook and tablet computers, smartphones, digital cameras, and digital audio players. The company focuses its design and marketing efforts on the application-specific power management needs of consumer, communications, and computing applications in these rapidly evolving devices. AnalogicTech is headquartered in Sunnyvale, California, with offices in Beijing, Hong Kong, Japan, Shanghai, Shenzhen, South Korea, Sweden, and Taiwan, as well as a worldwide network of sales representatives and distributors. For more information, please visit the AnalogicTech website: http://www.analogictech.com/.

    AnalogicTech and the AnalogicTech logo are trademarks of Advanced Analogic Technologies Incorporated. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders.

    Photo: http://www.newscom.com/cgi-bin/prnh/20050829/SFTU089LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk photodesk@prnewswire.com Advanced Analogic Technologies Incorporated

    CONTACT: Headquarters, Bill Weiss of AnalogicTech, +1-408-737-4600,
    bweiss@analogictech.com; or Agency, Matthew Quint of Quint Public Relations,
    +1-650-599-9450, mquint@quintpr.com, for AnalogicTech

    Web site: http://www.analogictech.com/




    Circuit City Stores, Inc. Reports Fourth Quarter and Fiscal 2007 ResultsCompany Issues Fiscal 2008 Outlook

    RICHMOND, Va., April 4 /PRNewswire-FirstCall/ -- Circuit City Stores, Inc. today reported results for the fourth quarter and fiscal year ended February 28, 2007.

    Statements of Operations Highlights(a) (Dollar amounts in millions except per share data) Three Months Ended February 28 Twelve Months Ended February 28 _______________________________ __________________________________ 2007 2006 2007 2006 ______________ ______________ ________________ _________________ % of % of % of % of $ Sales $ Sales $ Sales $ Sales ________ ______ ________ ______ _________ ______ _________ _______ Net sales $3,933.7 100.0% $3,886.4 100.0% $12,429.8 100.0% $11,514.2 100.0% Gross profit $934.1 23.7% $957.6 24.6% $2,922.8 23.5% $2,810.5 24.4% Selling, general and adminis- trative expenses $835.9 21.2% $728.5 18.7% $2,841.6 22.9% $2,595.7 22.5% Impairment of goodwill (b) $92.0 2.3% $-- -- $92.0 0.7% $-- -- Earnings from continuing operations before income taxes $14.6 0.4% $234.3 6.0% $14.8 0.1% $233.4 2.0% Net (loss) earnings from continuing operations (b) $(15.2) (0.4)% $148.0 3.8% $(13.7) (0.1)% $147.4 1.3% Net (loss) earnings $(12.2) (0.3)% $141.4 3.6% $(11.8) (0.1)% $139.7 1.2% Net (loss) earnings per share from continuing opera- tions $(0.09) -- $0.84 -- $(0.08) -- $0.82 -- Net (loss) earnings per share $(0.07) -- $0.81 -- $(0.07) -- $0.77 -- (a) The company has classified results from Rogers Plus(R) stores as results from discontinued operations. (b) Impairment of goodwill is not tax deductible. Balance Sheets Highlights February 28 (Dollar amounts in millions) 2007 2006 % Change Cash, cash equivalents and short-term investments $739.5 $838.0 (12)% Merchandise inventory $1,636.5 $1,698.0 (4)% Merchandise payable $922.2 $850.4 8% Long-term debt, including current installments $57.6 $59.2 (3)% Stockholders' equity $1,787.7 $1,954.6 (9)% Fourth Quarter Summary * Net sales grew 1.2 percent, driven by new store growth, as comparable store sales declined 0.5 percent compared with a comparable store sales gain of 11.6 percent in the prior year. * Results include $144.6 million, or 367 basis points of consolidated net sales, in pre-tax charges associated with the impairment of goodwill, store and facility closures and other restructuring activities. * Earnings from continuing operations before income taxes were 0.4 percent of sales compared with earnings from continuing operations before income taxes of 6.0 percent of sales in the prior year. Fiscal Year 2007 Summary * Net sales grew 8.0 percent, driven by a comparable store sales gain of 5.8 percent. * Results include $144.6 million, or 116 basis points of consolidated net sales, in pre-tax charges associated with the impairment of goodwill, store and facility closures and other restructuring activities. * Earnings from continuing operations before income taxes were 0.1 percent of sales compared with earnings from continuing operations before income taxes of 2.0 percent of sales in the prior year. * Domestic segment net-owned inventory at February 28, 2007, decreased $88.1 million from February 28, 2006.

    "Our fiscal 2007 results, compared with our outlook at the beginning of the year, primarily reflect changes in the cost structure of the flat panel television business that occurred in the third quarter as well as the impact of significant charges associated with our actions to position the company for long-term success," said Philip J. Schoonover, chairman, president and chief executive officer of Circuit City Stores, Inc.

    "Fourth quarter sales growth was somewhat less than we expected. During the quarter, flat panel television average selling prices were well below the prior year, and our PC hardware business experienced volatility around the Microsoft Windows Vista operating system transition. PC hardware posted strong sales growth in both December and February, but January sales were impacted as we kept PC inventories lean in advance of the transition.

    "We are disappointed in our financial performance, which largely reflects the effects of permanent changes in the television category and transitory changes in the PC category. We are responding to these market conditions by accelerating our strategy to transform Circuit City into a world-class, multi-channel consumer electronics retailer. We are moving our timetable for increasing SG&A efficiency and profit margin improvement forward while focusing on the strong revenue growth potential we see in home entertainment, digital home services and multi-channel retailing as well as opportunities to improve our real estate position.

    "We made considerable progress in fiscal 2007 and are planning for more in fiscal 2008. For example, our Web-originated sales grew more than 50 percent to $1 billion compared to the prior year. We expect sales from our Web site and call centers to grow between 30 percent and 40 percent in fiscal 2008. We expect to approximately double our sales from firedog(SM) services this year, reaching more than $400 million. We expect to add 60 to 65 new and relocated Superstores in the coming year and up to 100 more per year beginning in fiscal 2009.

    "In accelerating our transformation, we have announced programs to lower our cost and expense structure and to ensure our competitiveness. The most recent announcements, which we made last week, involved tough choices that had to be made to remain competitive and position Circuit City for profitable growth. We will continue to execute our plan, which will include making additional tough decisions as we transform the company into a world-class retailer. We are convinced that we are pursuing the right strategy to accomplish that goal and creating a cost structure that will enable us to build a stronger company, cost-effectively deliver excellent products and services to customers and provide greater shareholder value."

    A summary of results by segment is shown in Table 1. Sales

    For the fourth quarter ended February 28, 2007, net sales increased 1.2 percent to $3.93 billion from $3.89 billion in the same period last year, with consolidated comparable store sales decreasing 0.5 percent from the prior year.

    Net sales for the fiscal year ended February 28, 2007, increased 8.0 percent to $12.43 billion from $11.51 billion in the prior year, with consolidated comparable store sales increasing 5.8 percent.

    A summary of sales results is shown in Table 2. Domestic Segment Sales

    For the fourth quarter, net sales for the domestic segment increased 1.3 percent to $3.76 billion from $3.71 billion in the same period last year, with comparable store sales decreasing 0.5 percent from the prior year. For the quarter in the domestic segment, Web-originated sales grew 25 percent, services revenues grew 59 percent and call center sales grew 51 percent from the prior year.

    For fiscal 2007, Web-originated sales totaled $1 billion, and firedog(SM) sales, including PC services and home theater installations, exceeded $200 million.

    During the fourth quarter, the domestic segment relocated 6 Superstores and opened 10 Superstores. In addition, the domestic segment closed seven Superstores. During the fiscal year, the domestic segment relocated 12, opened 23, remodeled 2 and closed 7 Superstores. An additional Superstore was closed in February in advance of opening a relocated store early in fiscal 2008.

    The percent of sales represented by each major product category for the three- and twelve-month periods ended February 28, 2007 and 2006, is shown in Table 3.

    In the video category, Circuit City produced a low-single-digit comparable store sales decrease in the fourth quarter. Total television comparable store sales were approximately flat compared with the prior year period, as double-digit comparable store sales growth in flat panel televisions was offset by double-digit comparable store sales declines in projection and tube televisions. Comparable store sales of digital imaging products and accessories declined by low-single digits. Comparable store sales of camcorders and DVD hardware declined double digits.

    In the information technology category, Circuit City produced a low-single-digit comparable store sales increase in the fourth quarter. Comparable store sales in PC hardware increased by low-single digits as a double-digit increase in notebook computers was partially offset by a high-single-digit decline in desktop computers.

    In the audio category, Circuit City produced a mid-single-digit comparable store sales decrease in the fourth quarter. A strong double-digit comparable store sales increase in navigation products was offset by a strong double-digit decline in satellite radio products and a double-digit decline in home audio products. Comparable store sales of portable digital audio products grew by mid-single digits and portable digital audio accessories declined by mid-single digits.

    In the entertainment category, Circuit City produced a double-digit comparable store sales increase in the fourth quarter, reflecting a strong double-digit comparable store sales increase in video gaming products. Comparable store sales of music software declined by double digits, and comparable store sales of video software declined by mid-single digits.

    Domestic segment extended warranty net sales were $110.2 million, or 2.9 percent of domestic segment net sales, in the fourth quarter, compared with $135.2 million, or 3.6 percent of domestic segment net sales, in the same period last year.

    For fiscal 2007, domestic segment net sales increased 8.1 percent to $11.86 billion from $10.97 billion in the same period last year. The increase was driven primarily by a 6.1 percent comparable store sales increase.

    International Segment Sales

    For the fourth quarter, net sales for the international segment declined by 0.5 percent to $170.9 million from $171.8 million in the same period last year. A decline of 1 percentage point due to the fluctuations in foreign currency exchange rates was partially offset by a comparable store sales increase of 0.3 percent for the quarter in local currency.

    During the fourth quarter, the international segment closed 53 retail stores, net of openings. In addition, results from the Rogers Plus(R) stores are presented as discontinued operations as the result of returning the management of 92 Rogers Plus(R) stores to Rogers Wireless Inc. in January 2007.

    For fiscal 2007, international segment net sales increased 5.6 percent to $570.2 million from $540.2 million in the same period last year. The increase was driven by the effect of fluctuations in foreign currency exchange rates, which accounted for approximately 4 percentage points of the international segment's fiscal year net sales increase. Comparable store sales decreased 0.8 percent for the year in local currency.

    Gross Profit

    The consolidated gross profit margin was 23.7 percent in the fourth quarter compared with 24.6 percent in the same period last fiscal year. Domestic segment gross profit margin declined 45 basis points from the prior year, impacting the consolidated gross profit margin by 41 basis points, driven by a decrease in extended warranty net sales as a percentage of domestic segment net sales.

    The international segment's fourth quarter gross profit margin decline decreased the consolidated gross profit margin by 49 basis points. Results include $3.3 million, or 195 basis points as a percentage of international segment net sales, for inventory write-offs associated with plans to exit certain product lines, clearance sales associated with store closures announced in February, and other actions to align international segment merchandise assortment with consumer demand. The margin rate also was impacted negatively by the continued shift from higher-margin categories, such as toys and batteries, to lower-margin categories, such as personal electronics and GPS, as well as product rate declines due to clearance activities.

    For the fiscal year, the consolidated gross profit margin was 23.5 percent in fiscal 2007, a decrease of 89 basis points from 24.4 percent in fiscal 2006. The domestic segment contributed 62 basis points to the decline, primarily due to decreases in extended warranty net sales and merchandise margin. The international segment contributed 27 basis points to the decline.

    Selling, General and Administrative Expenses

    Selling, general and administrative (SG&A) expenses were 21.2 percent of consolidated net sales in the fourth quarter, compared with 18.7 percent of consolidated net sales in the same period last year.

    The domestic segment contributed 233 basis points to the 250 basis point increase in the consolidated expense-to-sales ratio. The segment incurred pre-tax SG&A expenses of $38.4 million, or 98 basis points as a percentage of consolidated net sales, associated with store and facility closures and other restructuring activities, primarily lease-related costs and severance. Of these, $7.4 million are classified as general and administrative expenses, and the remainder is store expenses. Net incremental expenses, primarily related to strategic investments in information technology, multi-channel and innovation activities, totaled approximately 80 basis points of consolidated net sales. Relocation expenses increased by 19 basis points as a percentage of consolidated net sales compared with the prior year due primarily to a higher number of relocations during the period. The fiscal 2006 fourth quarter domestic store expenses include costs of $1.6 million related to the closing of one Superstore and one mall store.

    The international segment contributed 18 basis points to the increase in the consolidated expense-to-sales ratio, as the segment's SG&A expenses as a percentage of segment net sales increased 465 basis points. The segment incurred pre-tax store expenses of $10.3 million, or 602 basis points of international segment net sales, for store closures and severance.

    Fiscal 2007 consolidated selling, general and administrative expenses were 22.9 percent of net sales, compared with 22.5 percent in fiscal 2006. The year-over-year increase reflects net incremental expenses, primarily related to strategic investments in information technology, multi-channel and innovation activities, that totaled approximately 90 basis points of consolidated net sales. These expenses were partially offset by leverage of payroll and advertising expenses; expenses in these categories grew at a slower rate than net sales, resulting in a lower expense-to-sales ratio. Fiscal 2007 domestic relocation expenses include a $12.9 million benefit from the reversal of lease termination charges for seven previously-vacant locations that have re-opened or will re-open as outlet stores.

    Fiscal 2006 domestic segment store expenses include a $9.4 million gain on the company's portion of the settlement in the Visa/MasterCard antitrust litigation. Fiscal 2006 international segment general and administrative expenses include $29.9 million in brand transition costs, primarily related to inventory write-downs and advertising expenses.

    A summary of selling, general and administrative expenses by category is shown in Table 4.

    Impairment of Goodwill

    In the fourth quarter, the company recorded a non-cash impairment charge of $92 million, or 234 basis points of consolidated net sales, related to the goodwill associated with the international segment. The impairment of goodwill is not deductible for tax purposes. The net assets of the segment at February 28, 2007, totaled $250.8 million, of which $140.8 million is goodwill and net intangible assets.

    Net (Loss) Earnings from Continuing Operations

    The fiscal 2007 fourth quarter net loss from continuing operations totaled $15.2 million, or 9 cents per share, compared with net earnings of $148.0 million, or 84 cents per share, for the fourth quarter of fiscal 2006.

    The net loss from continuing operations for the fiscal year ended February 28, 2007, totaled $13.7 million, or 8 cents per share, compared with net earnings of $147.4 million, or 82 cents per share, in the prior year. The net loss from continuing operations for fiscal 2007 includes $92 million in goodwill impairment charges related to the international segment and $35.4 million in after-tax expenses related to store and facility closures as well as other restructuring activities.

    Net earnings from continuing operations for fiscal 2006 include after-tax costs of $20.0 million in international segment brand transition costs and an after-tax gain of $5.9 million from the company's portion of the Visa/MasterCard settlement.

    Net Earnings (Loss) from Discontinued Operations

    In the fourth quarter of fiscal 2007, net earnings from discontinued operations totaled $2.9 million and primarily related to the return of the management of 92 Rogers Plus(R) stores to Rogers Wireless Inc. in January 2007, partially offset by a net loss related to the closure of a domestic segment operation. In the fourth quarter of fiscal 2006, the net loss from discontinued operations totaled $4.3 million, and primarily related to a domestic segment operation that has been closed, partially offset by net earnings related to the 92 Rogers Plus(R) stores.

    Financial Condition

    At February 28, 2007, Circuit City had cash, cash equivalents and short-term investments of $739 million, compared with $838 million at February 28, 2006. The year-over-year change in the cash position reflects the use of cash for property and equipment purchases as well as share repurchases, partially offset by cash provided by operations, including the decrease in net-owned inventory.

    Merchandise inventory decreased 4 percent to $1.64 billion from $1.70 billion last year, driven by reductions in non-working inventory while improving in-stocks. Merchandise payable increased 8 percent to $922 million from $850 million primarily due to a shift to more productive inventory. Net-owned inventory decreased by $133 million, of which domestic segment net-owned inventory decreased by $88 million, compared with the prior year.

    Capital expenditures, net of landlord reimbursements, for the fiscal year totaled $242 million. The expenditures included $108 million related to store relocations, new store construction, store refreshes and category resets; $98 million for information technology; $25 million for distribution and other; and $11 million for the international segment. The reduced expenditures compared with the company's previously forecasted expenditures primarily resulted from delays in information technology deployment and reductions in planned innovation projects.

    Stock Buyback

    Circuit City continued to repurchase stock, consistent with the board's $1.2 billion authorization, during the fourth quarter. As of February 28, 2007, the company had repurchased 57.9 million shares under this authorization at a cost of $919.6 million, excluding commission fees. Of this total, repurchases during the fourth quarter totaled 5.0 million shares at a cost of $100.0 million, excluding commission fees.

    Fiscal 2008 Outlook The company expects the following in fiscal 2008: * consolidated net sales growth of 5 percent to 8 percent * domestic segment comparable store sales growth of 3 percent to 5 percent * net sales of firedog(SM) services to approximately double * growth in direct channel sales of 30 percent to 40 percent, from $1.12 billion in fiscal 2007; direct channel includes Web-originated and call center-originated sales * earnings from continuing operations before income taxes (EBT) as a percentage of consolidated net sales of 1.4 percent to 1.8 percent * capital expenditures, net of landlord reimbursements, of approximately $255 million * depreciation and amortization expense of approximately $200 million * a reduction in domestic segment net-owned inventory from February 28, 2007, to February 29, 2008, of $100 million to $150 million * 60 to 65 domestic segment Superstore openings, including 17 to 19 relocations

    The fiscal 2008 outlook, as updated, is based on the following assumptions:

    * a continuation of current competitive and macroeconomic environments * sales growth in key product areas including flat panel televisions, video game hardware, notebook computers, digital imaging and portable digital audio players as well as related accessories and services * continued growth in direct channel sales * improved customer-encountered inventory in-stock levels * success of cost reduction initiatives currently under way

    The company's fiscal 2008 outlook assumes a pre-tax loss of $40 million to $50 million for the first half of the fiscal year with a strong recovery in the second half.

    Domestic segment Superstore openings estimates are shown in Table 5. The timing of store openings depends upon a number of factors and can change during the year. The company expects more than half of the openings to be in the 20,000 square foot format.

    Expenses related to domestic segment store relocations and store refresh activities are expected to total approximately $25 million. The company expects that the consolidated effective income tax rate applicable to results from continuing operations will be 35.2 percent.

    The company's estimate of capital expenditures includes $135 million for relocations, new store construction, store refreshes and category resets. Information technology capital expenditures are expected to total $70 million. Distribution and other capital expenditures are expected to total $40 million. Net capital expenditures of $10 million are anticipated for the international segment.

    Conference Call Information

    Circuit City will host a conference call for investors at 11:30 a.m. EDT today. Investors in the United States and Canada may access the call at (800) 399-0127. Other investors may access the call at (706) 634-7512. A live Web cast of the conference call will be available on the company's investor information home page at http://investor.circuitcity.com/ .

    A replay of the call will be available by approximately 2:00 p.m. EDT today and will remain available through April 11. Investors in the United States and Canada may access the recording at (800) 642-1687, and other investors may dial (706) 645-9291. The access code for the replay is 2114262. A replay of the call also will be available on the Circuit City investor information home page.

    About Circuit City Stores, Inc.

    Circuit City Stores, Inc. is a leading specialty retailer of consumer electronics and related services. At February 28, the domestic segment operated 642 Superstores and 12 other locations in 158 U.S. media markets. At February 28, the international segment operated through 510 retail stores and 296 dealer outlets in Canada. Circuit City also operates Web sites at http://www.circuitcity.com/ , http://www.thesource.ca/ and http://www.firedog.com/ .

    Forward-Looking Statements

    Statements made in this release, other than those concerning historical financial information, may be considered forward-looking statements, which are subject to risks and uncertainties, including without limitation: (1) the effect of pricing and promotional activities of the company's vendors and competitors and the company's response to those actions, (2) the pace of commoditization of digital products, (3) the company's ability to control and leverage expenses as a percentage of sales, (4) the possibility of adverse changes in general economic conditions, (5) the company's ability to generate sales and margin growth through expanded service offerings, (6) the company's ability to continue to generate strong sales growth in key product categories and through its direct sales channel, (7) the impact of inventory and supply chain management initiatives on inventory levels and profitability, (8) the impact of initiatives related to upgrading merchandising, marketing and information systems on revenue and margin and the costs associated with these investments, (9) the availability of real estate that meets the company's criteria for new and relocating stores, (10) the cost and timeliness of new store openings and relocations, (11) the company's ability to implement sales and profitability improvements for the international segment, (12) a continued strong product cycle for consumer electronics, and (13) the accuracy of the assumptions underlying the company's projected 2008 results as discussed under "Fiscal 2008 Outlook" in this release. Discussion of additional factors that could cause actual results to differ materially from management's projections, forecasts, estimates and expectations is set forth under Management's Discussion and Analysis of Results of Operations and Financial Condition in the Circuit City Stores, Inc. Annual Report on Form 10-K for the fiscal year ended February 28, 2006, in the Quarterly Report on Form 10-Q for the fiscal quarter ended November 30, 2006, and in the company's other SEC filings. A copy of the annual report is available on the company's Web site at http://investor.circuitcity.com/ .

    CIRCUIT CITY STORES, INC. CONSOLIDATED STATEMENTS OF OPERATIONS PERIODS ENDED FEBRUARY 28 (UNAUDITED) (Amounts in thousands except per share data) Three Months Twelve Months 2007 2006 2007 2006 NET SALES $3,933,659 $3,886,385 $12,429,754 $11,514,151 Cost of sales, buying and warehousing 2,999,597 2,928,748 9,506,938 8,703,683 GROSS PROFIT 934,062 957,637 2,922,816 2,810,468 Selling, general and administrative expenses 835,891 728,547 2,841,619 2,595,706 Impairment of goodwill 92,000 -- 92,000 -- OPERATING INCOME (LOSS) 6,171 229,090 (10,803) 214,762 Interest income 8,566 6,598 27,150 21,826 Interest expense 160 1,400 1,519 3,143 Earnings from continuing operations before income taxes 14,577 234,288 14,828 233,445 Income tax provision 29,727 86,308 28,515 85,996 NET (LOSS) EARNINGS FROM CONTINUING OPERATIONS (15,150) 147,980 (13,687) 147,449 EARNINGS (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX 2,941 (4,262) 128 (5,350) CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE, NET OF TAX -- (2,353) 1,773 (2,353) NET (LOSS) EARNINGS $(12,209) $141,365 $(11,786) $139,746 Weighted average common shares: Basic 169,478 171,433 170,448 177,456 Diluted 169,478 175,516 170,448 180,653 (LOSS) EARNINGS PER SHARE: Basic: Continuing operations $(0.09) $0.86 $(0.08) $0.83 Discontinued operations $0.02 $(0.02) $-- $(0.03) Cumulative effect of change in accounting principle $-- $(0.01) $0.01 $(0.01) Net (loss) earnings $(0.07) $0.82 $(0.07) $0.79 Diluted: Continuing operations $(0.09) $0.84 $(0.08) $0.82 Discontinued operations $0.02 $(0.02) $-- $(0.03) Cumulative effect of change in accounting principle $-- $(0.01) $0.01 $(0.01) Net (loss) earnings $(0.07) $0.81 $(0.07) $0.77 CIRCUIT CITY STORES, INC. CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Amounts in thousands) February 28 2007 2006 ASSETS Current Assets: Cash and cash equivalents $141,141 $315,970 Short-term investments 598,341 521,992 Accounts receivable, net of allowance for doubtful accounts 371,055 220,869 Merchandise inventory 1,636,507 1,698,026 Deferred income taxes 34,868 29,598 Income tax recoverable 44,717 5,571 Prepaid expenses and other current assets 47,378 41,315 Total Current Assets 2,874,007 2,833,341 Property and equipment, net of accumulated depreciation 921,027 839,356 Deferred income taxes 31,910 97,889 Goodwill 121,774 223,999 Other intangible assets, net of accumulated amortization 19,285 30,372 Other assets 29,775 44,087 TOTAL ASSETS $3,997,778 $4,069,044 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Merchandise payable $922,205 $850,359 Expenses payable 275,709 202,300 Accrued expenses and other current liabilities 404,444 379,768 Accrued compensation 98,509 84,743 Accrued income taxes -- 75,909 Short-term debt -- 22,003 Current installments of long-term debt 7,162 7,248 Total Current Liabilities 1,708,029 1,622,330 Long-term debt, excluding current installments 50,487 51,985 Accrued straight-line rent and deferred rent credits 277,636 256,120 Accrued lease termination costs 76,326 79,091 Other liabilities 97,561 104,885 TOTAL LIABILITIES 2,210,039 2,114,411 Stockholders' Equity: Common stock 85,345 87,395 Capital in excess of par value 344,144 458,211 Retained earnings 1,332,812 1,364,740 Accumulated other comprehensive income 25,438 44,287 TOTAL STOCKHOLDERS' EQUITY 1,787,739 1,954,633 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $3,997,778 $4,069,044 Table 1: Segment Performance Summary Domestic Segment Three Months Ended February 28 2007 2006 % of % of (Dollar amounts in millions) $ Sales $ Sales Net sales $3,762.7 100.0% $3,714.5 100.0% Gross profit $887.5 23.6% $892.7 24.0% Selling, general and administrative expenses $772.1 20.5% $672.4 18.1% Net earnings from continuing operations $89.2 2.4% $143.2 3.9% Domestic Segment Twelve Months Ended February 28 2007 2006 % of % of (Dollar amounts in millions) $ Sales $ Sales Net sales $11,859.6 100.0% $10,974.0 100.0% Gross profit $2,734.5 23.1% $2,604.5 23.7% Selling, general and administrative expenses $2,632.8 22.2% $2,379.9 21.7% Net earnings from continuing operations $93.6 0.8% $154.8 1.4% International Segment Three Months Ended February 28 2007 2006 % of % of (Dollar amounts in millions) $ Sales $ Sales Net sales $170.9 100.0% $171.8 100.0% Gross profit $46.5 27.2% $64.9 37.8% Selling, general and administrative expenses $63.8 37.3% $56.1 32.7% Impairment of goodwill $92.0 53.8% $-- --% Net (loss) earnings from continuing operations $(104.4) (61.1)% $4.8 2.8% International Segment Twelve Months Ended February 28 2007 2006 % of % of (Dollar amounts in millions) $ Sales $ Sales Net sales $570.2 100.0% $540.2 100.0% Gross profit $188.4 33.0% $206.0 38.1% Selling, general and administrative expenses $208.8 36.6% $215.8 39.9% Impairment of goodwill $92.0 16.1% $-- --% Net (loss) earnings from continuing operations $(107.3) (18.8)% $(7.3) (1.4)% Table 2: Sales Summary Three Months Ended Comparable Year- Store February 28 Over- Sales (Dollar amounts in millions) 2007 2006 Year Change Change (a) Domestic segment sales $3,762.7 $3,714.5 1.3 % (0.5)% International segment sales 170.9 171.8 (0.5)% 0.3 % Net sales $3,933.7 $3,886.4 1.2 % (0.5)% Twelve Months Ended Comparable Year- Store February 28 Over- Sales (Dollar amounts in millions) 2007 2006 Year Change Change (a) Domestic segment sales $11,859.6 $10,974.0 8.1% 6.1 % International segment sales 570.2 540.2 5.6% (0.8)% Net sales $12,429.8 $11,514.2 8.0% 5.8 % (a) A store's sales are included in comparable store sales after the store has been open for a full 12 months. In addition, comparable store sales include Web-originated sales and sales from relocated stores. The calculation of comparable store sales excludes the impact of fluctuations in foreign currency exchange rates. Table 3: Percent of Domestic Segment Sales by Category(a) Three Months Twelve Months Ended Ended February 28 February 28 2007 2006 2007 2006 Video 43% 45% 44% 44% Information technology 26 25 28 28 Audio 17 17 16 16 Entertainment 14 13 12 12 Total 100% 100% 100% 100% (a) Excludes extended warranty revenue and installation revenue Table 4: Selling, General and Administrative Expenses Consolidated Three Months Ended February 28 2007 2006 % of % of (Dollar amounts in millions) $ Sales $ Sales Store expenses(a) $716.8 18.2% $641.5 16.5% General and administrative expenses(b) 101.0 2.6 74.8 1.9 Stock-based compensation expense 3.5 0.1 7.8 0.2 Remodel expenses 0.1 -- -- -- Relocation expenses(c) 9.5 0.2 2.2 0.1 Pre-opening expenses 5.0 0.1 2.4 0.1 Total $835.9 21.2% $728.5 18.7% Consolidated Twelve Months Ended February 28 2007 2006 % of % of (Dollar amounts in millions) $ Sales $ Sales Store expenses(a) $2,447.2 19.7% $2,235.4 19.4% General and administrative expenses(b) 350.1 2.8 317.2 2.8 Stock-based compensation expense 24.2 0.2 26.9 0.2 Remodel expenses 0.7 -- -- -- Relocation expenses(c) 4.5 -- 7.1 0.1 Pre-opening expenses 14.8 0.1 9.0 0.1 Total $2,841.6 22.9% $2,595.7 22.5% (a) Store expenses for the three- and twelve-month periods ended February 28, 2007, include expenses of $41.3 million associated with store and other facility closures and other restructuring activities. (b) General and administrative expenses for the three- and twelve-month periods ended February 28, 2007, include expenses of $7.4 million associated with restructuring activities. (c) Relocation expenses for the twelve months ended February 28, 2007, include expenses associated with completing 12 relocations, partially offset by a benefit of $12.9 million from the reversal of lease termination charges for seven previously-vacant stores that have re-opened or will re-open as outlet stores. Domestic Segment Three Months Ended February 28 2007 2006 % of % of (Dollar amounts in millions) $ Sales $ Sales Store expenses(a) $664.9 17.7% $596.0 16.0% General and administrative expenses(b) 89.4 2.4 64.5 1.7 Stock-based compensation expense 3.3 0.1 7.4 0.2 Remodel expenses 0.1 -- -- -- Relocation expenses(c) 9.5 0.3 2.2 0.1 Pre-opening expenses 5.0 0.1 2.4 0.1 Total $772.1 20.5% $672.4 18.1% Domestic Segment Twelve Months Ended February 28 2007 2006 % of % of (Dollar amounts in millions) $ Sales $ Sales Store expenses(a) $2,278.2 19.2% $2,085.4 19.0% General and administrative expenses(b) 312.1 2.6 252.5 2.3 Stock-based compensation expense 22.5 0.2 25.9 0.2 Remodel expenses 0.7 -- -- -- Relocation expenses(c) 4.5 -- 7.1 0.1 Pre-opening expenses 14.8 0.1 9.0 0.1 Total $2,632.8 22.2% $2,379.9 21.7% (a) Store expenses for the three- and twelve-month periods ended February 28, 2007, include expenses of $31.0 million associated with store and other facility closures and other restructuring activities. (b) General and administrative expenses for the three- and twelve-month periods ended February 28, 2007, include expenses of $7.4 million associated with restructuring activities. (c) Relocation expenses for the twelve months ended February 28, 2007, include expenses associated with completing 12 relocations, partially offset by a benefit of $12.9 million from the reversal of lease termination charges for seven previously-vacant stores that have re-opened or will re-open as outlet stores. International Segment Three Months Ended February 28 2007 2006 % of % of (Dollar amounts in millions) $ Sales $ Sales Store expenses(a) $51.9 30.4% $45.5 26.5% General and administrative expenses 11.6 6.8 10.3 6.0 Stock-based compensation expense 0.2 0.1 0.3 0.2 Total $63.8 37.3% $56.1 32.7% International Segment Twelve Months Ended February 28 2007 2006 % of % of (Dollar amounts in millions) $ Sales $ Sales Store expenses(a) $169.0 29.6% $150.1 27.8% General and administrative expenses 38.1 6.7 64.7 12.0 Stock-based compensation expense 1.7 0.3 1.0 0.2 Total $208.8 36.6% $215.8 39.9% (a) Store expenses for the three- and twelve-month periods ended February 28, 2007, include expenses of $10.3 million associated with store closures and other restructuring activities. Table 5: Domestic Segment Superstore Openings Estimates Q1(a) Q2 Q3 Q4 FY08 Incremental Superstores 0 11 22-24 10-11 43-46 Relocated Superstores 1 5 5-6 6-7 17-19 Total Superstore openings 1 16 27-30 16-18 60-65 (a) On February 26, 2007, the company closed one store in advance of opening a replacement store in the first quarter of fiscal 2008. The replacement store is included in relocations for the first quarter of fiscal 2008.

    Photo: http://www.newscom.com/cgi-bin/prnh/20010709/CCLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk photodesk@prnewswire.com Circuit City Stores, Inc.

    CONTACT: Bill Cimino, Director of Corporate Communications,
    +1-804-418-8163, or Jessica Clarke, Investor Relations, +1-804-527-4038, both
    of Circuit City Stores, Inc.

    Web site: http://www.circuitcity.com/




    Novellus Named by Chartered as Top Supplier for 2006 in the Equipment Category Performance, Service and Innovation Cited as Key

    SAN JOSE, Calif., April 4 /PRNewswire-FirstCall/ -- Novellus Systems, Inc. , announced it has been recognized by Chartered Semiconductor Manufacturing with multiple honors through Chartered's annual supplier awards program. Novellus received the Gold Supplier Award-the highest supplier honor- in the Equipment Category. Novellus was also given Outstanding Continuous Improvement Program (CIP) Awards for SPEED(R), its high-density plasma (HDP) chemical vapor deposition (CVD) system; and INOVA(R), Novellus' leading-edge physical vapor deposition (PVD) platform.

    "Chartered's Supplier Awards recognize the valued equipment, materials and service suppliers that are focused on enhancing and enriching our manufacturing programs, and are dedicated to the ongoing success of Chartered and our customers," said Leow Kim Keat, vice president, customer support operations and supply management organization at Chartered. "Novellus earned multiple awards based on its ability to execute to the highest standard of quality, service and productivity."

    "These awards reflect Novellus' priority on continuously improving our customer responsiveness while delivering the most productive technology solutions," said Dr. Tom Caulfield, Novellus' executive vice president of sales, marketing and customer service. "We greatly appreciate Chartered for recognizing Novellus with these honors, and we look forward to continuing to provide the tools and services that will enable Chartered to remain competitive across its fab operations."

    Novellus received the Gold Supplier Award for achieving the highest score in the Equipment Category under the Chartered Supplier Rating Program. Scores are based on services, equipment performance, innovation and CIP. Novellus' Concept Two(R) SPEED platform received the CIP award for its reduction of variation in temperature in Chartered's Fab 3 and Fab 5. The INOVA platform was recognized with a CIP award for productivity improvements achieved in Chartered's Fab 6.

    About Novellus:

    Novellus Systems, Inc. is a leading provider of advanced process equipment for the global semiconductor industry. The company's products deliver value to customers by providing innovative technology backed by trusted productivity. An S&P 500 company, Novellus is headquartered in San Jose, Calif. with subsidiary offices across the globe. For more information please visit http://www.novellus.com/.

    "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding (i) our continued efforts to improve our responsiveness to customers while delivering the most productive technology solutions and (ii) our efforts to continue providing tools and services that will enable Chartered to remain competitive across its fab operations. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements. Such risks and uncertainties include, but are not limited to, operational difficulties that limit productivity or extendibility; failure to accurately anticipate and timely respond to customers' evolving needs and an inability to enhance customer productivity, as well as other risks indicated in our filings with the Securities and Exchange Commission (SEC). For more details, please refer to our SEC filings and the amendments thereto, including our Annual Report on Form 10-K for the year ended December 31, 2006, and our Current Reports on Form 8-K. Forward-looking statements are made and based on information available to us on the date of this press release, and we assume no obligation to update them.

    NOTE: INOVA, SPEED and Concept Two are registered trademarks of Novellus Systems, Inc.

    Novellus Systems, Inc.

    CONTACT: Pushpita Prasad of Novellus Systems, Inc., +1-408-943-9700, or
    pushpita.prasad@novellus.com; or Jen Bernier of The Hoffman Agency for
    Novellus Systems, Inc., +1-408-975-3003, or jbernier@hoffman.com

    Web site: http://www.novellus.com/




    CTG Announces Adoption of 10b5-1 Plan to Facilitate Share Repurchases

    BUFFALO, N.Y., April 4 /PRNewswire-FirstCall/ -- CTG , an international information technology (IT) staffing and solutions company, today announced that it adopted a stock repurchase plan under Rule 10b5-1 of the Securities and Exchange Commission (the "Company 10b5-1 Plan") to facilitate the repurchase of its common stock under its outstanding repurchase authorizations, which include a 1.0 million share authorization announced on February 26, 2007 and an additional 289,000 shares available for repurchase at April 3, 2007 under previous authorizations. CTG has repurchased 52,000 shares of its common stock thus far in 2007 and a total of 921,000 shares since it resumed the repurchase of its shares in May, 2005.

    The plan is being administered by Boenning & Scattergood, Inc. and is effective from April 5, 2007 through April 25, 2007 or until the day following the Company's release of its 2007 first quarter financial results. CTG is adopting a 10b5-1 plan for this period to allow for the repurchase of shares during the time following the close of the quarter and the announcement of quarterly financial results when its self-imposed stock repurchase policy does not allow for the direct purchase of shares by the Company. The Company intends to utilize the plan for its self-imposed blackout periods during the remaining quarters in 2007. Repurchases are subject to SEC regulations as well as certain price, market, volume and timing constraints specified in the plan. The plan does not require that any shares be purchased.

    Backed by 40 years' experience, CTG provides IT staffing, application management outsourcing, consulting, and software development and integration solutions to help Global 2000 clients focus on their core businesses and use IT as a competitive advantage to excel in their markets. CTG combines in-depth understanding of our clients' businesses with a full range of integrated services and proprietary ISO 9001:2000-certified service methodologies. Our IT professionals based in an international network of offices in North America and Europe have a proven track record of delivering solutions that work. More information about CTG is available on the Web at http://www.ctg.com/.

    This document contains certain forward-looking statements concerning the Company's current expectations as to future growth. These statements are based upon a review of industry reports, current business conditions in the areas where the Company does business, the availability of qualified professional staff, the demand for the Company's services, and other factors that involve risk and uncertainty. As such, actual results may differ materially in response to a change in such factors. Such forward-looking statements should be read in conjunction with the Company's disclosures set forth in the Company's 2006 Form 10-K and Management's Discussion and Analysis section of the Company's 2005 annual report, which are incorporated by reference. The Company assumes no obligation to update the forward-looking information contained in this release.

    Today's news release, along with CTG news releases for the past year, is available on the Web at http://www.ctg.com/.

    CONTACT: James R. Boldt, Chairman & Chief Executive Officer (716) 887-7244

    CTG

    CONTACT: James R. Boldt, Chairman & Chief Executive Officer of CTG,
    +1-716-887-7244

    Web site: http://www.ctg.com/

    Company News On-Call: http://www.prnewswire.com/comp/151850.html




    Busting the Barrier: Pervasive Software Release Changes the Speed and Economics of SaaS IntegrationPervasive SaaS Business Integrator and Pervasive SaaS Data Integrator Deliver Rapid SaaS Integration With Affordable Subscription-Based Pricing

    AUSTIN, Texas, April 4 /PRNewswire-FirstCall/ -- Pervasive Software(R) Inc. , a global value leader in embeddable data management and integration software, today announced the release of Pervasive SaaS Data Integrator(TM) and Pervasive SaaS Business Integrator(TM), delivering a SaaS integration breakthrough combining truly affordable cost with highly robust integration capabilities. As the paradigm shift toward the software-as-a- service (SaaS) business model powers forward, Pervasive steps forward to provide a range of integration options for SaaS and on-premises systems with entry-level subscription pricing starting at $300 per month.

    With hundreds of salesforce.com customers and implementation times that can be measured in hours or days rather than weeks or months, Pervasive helps break the cost and time logjam for SaaS customers and partners. Pervasive now delivers affordable subscription pricing that makes SaaS accessible to a broader range of customers.

    "As one of the first data integration partners to support salesforce.com, Pervasive has shown the capability to not only handle complex and challenging application integrations but also to deliver solutions that consistently accelerate time to value for our customers," said Cindy Warner, senior vice president, global technology services, salesforce.com. "Pervasive continues to demonstrate leadership in providing integration solutions that quickly and affordably drive on-demand customer success."

    "Pervasive deserves a standing ovation for the visual elegance of the user interface changes in Pervasive Business Integrator(TM) Map Designer. We especially like the new event wizard for mapping out targets and events for salesforce.com as it leverages the latest salesforce.com API. Pervasive has managed to incorporate hidden sophistication in the background, making it easier to use and even possible for non-technical people to use the tools if we desire," said Mark Matte, developer at SunTrust Banks, Inc. "The flexibility of Pervasive's new offering gives us not only higher ROI but the ability to pursue a SaaS strategy for our business with confidence that integration will not be an obstacle."

    The latest version of integration tools from Pervasive features critical SaaS connectors to customer relationship management (CRM) systems, including salesforce.com's Spring '07, Oracle Siebel CRM OnDemand 12 and NetSuite, elegantly integrating these SaaS applications to a wide range of on-premises applications including SAP, Oracle and Microsoft Dynamic CRM. Map Designer enhancements accelerate productivity with multiple mapping "views" of the same transformation, allowing both new and existing users, including non-technical users, to more rapidly and easily perform data source and target mapping. The efficient dynamic mapping capabilities remove maintenance overhead by empowering users to create and change maps on the fly.

    "Although customer interest and adoption of the SaaS business model is escalating, many organizations are still hesitant to consider this software alternative because they are concerned about potential data integration issues," according to Jeffrey M. Kaplan, Managing Director of THINKstrategies, Inc. and founder of the SaaS Showplace, an online directory of SaaS solutions. "Pervasive Software's latest offerings should help to alleviate these concerns and further demonstrate that organizations can fully leverage their existing data sources when they adopt new SaaS solutions."

    "The true power of SaaS depends on the ability to integrate data from both legacy and SaaS applications with a low cost of adoption," said Mike Hoskins, CTO of Pervasive Software. "Pervasive continues to lead the SaaS data integration market by innovating in the delivery of highly robust adapters, including the ability to reach behind the firewall to legacy systems via our innovative on-demand data gateway. At the same time, we provide a simple, easy-to-use interface that lets customers easily integrate a broad array of applications and data sources. We give customers and partners explosive productivity with this powerful combination."

    About Pervasive Integration

    Pervasive's embeddable integration software takes the agony out of moving and sharing data within and between organizations. It allows users to quickly and easily share information between multiple databases, applications, or hosted business systems. The capability is lightweight and fits into virtually any environment while adapting quickly to change. Combining robust technology and more than 20 years of data integration expertise, Pervasive delivers a multi-purpose integration platform that allows customers to re-use the same software for diverse integration scenarios. With more than 150 data and application connectors within a single product, Pervasive helps customers achieve accelerated ROI. In addition, Pervasive's technology and business model supports low-cost adoption by non-programmers for small data volumes all the way to complex, high-volume multi-processor implementations that handle millions of transactions. For more information, visit http://www.pervasive.com/solutions/ .

    About Pervasive Software

    Pervasive Software provides embeddable data management and integration software to help companies grow and extend the value of their data investments. For more than two decades, Pervasive has delivered value with a compelling combination of performance, flexibility, reliability and low total cost of ownership. Today, Pervasive is leading its chosen markets by defining and accelerating the inevitable transition from high cost to high value. Pervasive's hallmark is the size, diversity and loyalty of its customer base, partners and channels: tens of thousands of customers in virtually every industry, in more than 150 countries, rely on Pervasive to manage, integrate, analyze and secure their critical data. For additional information, go to http://www.pervasive.com/ .

    Cautionary Statement

    This release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements included in this document are based upon information available to Pervasive as of the date hereof, and Pervasive assumes no obligation to update any such forward-looking statement.

    All Pervasive brand and product names are trademarks or registered trademarks of Pervasive Software Inc. in the United States and other countries. All other marks are the property of their respective owners.

    Contact: Kim Daugherty Pervasive Software 512.231.6507 kdaugherty@pervasive.com

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20040503/PVSWLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk photodesk@prnewswire.com Pervasive Software Inc.

    CONTACT: Kim Daugherty of Pervasive Software Inc., +1-512-231-6507, or
    kdaugherty@pervasive.com

    Web site: http://www.pervasive.com/
    http://www.pervasive.com/solutions




    Cimmetry Introduces AutoVue Training CourseGold Level Training Delivers AutoVue Proficiency to Global Customer Base

    MONTREAL, April 4 /PRNewswire/ -- Cimmetry Systems, an Agile Software company and global leader in collaborative visualization solutions, today announced the introduction of a new Gold Level training course for AutoVue users.

    Cimmetry's Gold Level Training is a one (1) day training course, delivered on site or via the web, focused on teaching fundamental AutoVue skills and concepts. Depending on an organization's technology usage and requirements, customers can choose to focus the training course on 2D only, 2D and 3D, or 2D/3D and EDA viewing capabilities.

    Designed as a comprehensive training course, AutoVue Gold Level Training provides users with a step-by-step approach to acquire expertise in AutoVue viewing, markup, printing and collaboration capabilities. Administrative functions, such as product installation, configuration, and performance tuning, will be also covered, as will various troubleshooting scenarios. Upon completion of the course, users will have gained sufficient knowledge to take full advantage of their AutoVue investment.

    For additional information about the AutoVue Training Program, visit our Website at http://www.cimmetry.com/training.html

    For pricing information or to arrange for training, please contact sales@cimmetry.com or +1-514-735-3219.

    About Cimmetry Systems

    Cimmetry Systems Corp. is a global leader in collaborative visualization solutions for the industrial, automotive, aerospace and defense, electronics and high tech, medical device, and AEC markets. AutoVue is the premier enterprise-wide viewing, printing, markup, digital mockup and collaboration solution, and supports hundreds of native 2D/3D CAD & EDA formats, Office, PDF documents and graphics.

    For further information about AutoVue, visit our website at http://www.cimmetry.com/ or call +1-514-735-3219

    Ready-made connectivity for integrated collaborative visualization is available with Document Management (DM), Product Lifecycle Management (PLM) and Enterprise Resource Planning (ERP) systems, including Agile(R) PLM, Documentum, eRoom, MatrixOne, Microsoft SharePoint, Open Text, SAP and SmarTeam.

    Cimmetry is a wholly-owned subsidiary of Agile Software Corporation , a leading provider of product lifecycle management (PLM) solutions.

    Cimmetry, Cimmetry Systems, AutoVue and their logos are trademarks of Cimmetry Systems Corp. All other brands or product names are trademarks of their respective holders.

    Cimmetry Systems Corp.

    CONTACT: Pam Petropoulos of Cimmetry Systems, +1-514-798-4718

    Web site: http://www.agile.com/
    http://www.cimmetry.com/




    Level 3 Completes Purchase of AT&T Divestiture Assets

    BROOMFIELD, Colo., April 4 /PRNewswire-FirstCall/ -- Level 3 Communications, Inc. today announced that its operating subsidiary has purchased certain assets from AT&T Corporation that were ordered divested as a result of the merger between AT&T and SBC Communications Inc. The acquired assets consist of indefeasible rights of use (IRUs) for dark fiber connections to over 200 buildings and more than 1,600 metro fiber route miles in six of the 11 markets where AT&T was required to divest certain assets.

    Level 3 will acquire the divested fiber assets in Detroit, Hartford, Kansas City, Milwaukee, San Francisco and St. Louis. Under the terms of the agreement, Level 3 retains intermediate splice rights, which will enable it to add new buildings to the acquired assets.

    "With over 25,000 metro fiber route miles and more than 6,500 on-net buildings, Level 3 is continuing to expand the reach of our network in metropolitan areas," said Kevin O'Hara, president and chief operating officer of Level 3. "The addition of these assets -- the majority of which are new to the Level 3 network -- builds on our expansive metro footprint and supports our enterprise business strategy by offering additional network access points and enhancing revenue opportunities in key markets."

    About Level 3 Communications

    Level 3 Communications, Inc. , an international communications company, operates one of the largest Internet backbones in the world. Through its customers, Level 3 is the primary provider of Internet connectivity for millions of broadband subscribers. The company provides a comprehensive suite of services over its broadband fiber optic network including Internet Protocol (IP) services, broadband transport and infrastructure services, colocation services, voice services and voice over IP services. These services provide building blocks that enable Level 3's customers to meet their growing demands for advanced communications solutions. The company's Web address is http://www.level3.com/.

    "Level 3 Communications," "Level 3" and the Level 3 Communications logo are registered service marks of Level 3 Communications, LLC and/or its affiliates in the United States and/or other countries. Any other product and company names herein may be trademarks of their respective owners. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc.

    Forward-Looking Statement

    Some of the statements made by Level 3 in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. Level 3 believes that its primary risk factors include, but are not limited to: increasing the volume of traffic on Level 3's network; developing new products and services that meet customer demands and generate acceptable margins; successfully completing commercial testing of new technology and information systems to support new products and services, including voice transmission services; stabilizing or reducing the rate of price compression on certain of our communications services; integrating strategic acquisitions; attracting and retaining qualified management and other personnel; and the ability to meet all of the terms and conditions of our debt obligations. Additional information concerning these and other important factors can be found within Level 3's filings with the Securities and Exchange Commission. Statements in this release should be evaluated in light of these important factors.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/19990721/LVLTLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Level 3 Communications, Inc.

    CONTACT: Media, Josh Howell, +1-720-888-2517, or Chris Hardman,
    +1-720-888-2292, or Investors, Robin Grey, +1-720-888-2518, or Valerie
    Finberg, +1-720-888-2501, all of Level 3 Communications, Inc.

    Web site: http://www.level3.com/




    Hurray! Enters into Framework Contract with Beijing TV Subsidiary

    BEIJING, April 4 /Xinhua-PRNewswire/ -- Hurray! Holding Co., Ltd. , a leader in wireless music distribution and other wireless value-added services, artist development and music production, and wireless value-added services management software in China, today announced the signing of a framework contract with Beijing TV Media Co., Ltd. ("BTVM") to establish an exclusive partnership in developing and delivering wireless services enabling all Beijing TV's ("BTV") channels and programs to interact with TV audience. The detailed terms and conditions of the partnership will be set forth in definitive agreements to be agreed by the parties.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20050314/CNM005LOGO )

    BTV is one of top five TV networks in China. It operates one national satellite TV channel and twelve local channels, and offers a broad range of programs including news, TV drama, business, entertainment and sports. BVTM is the new media subsidiary of BTV and owns exclusive rights for wireless value-added services offered through all BTV programs and channels, in addition to other new media services rights.

    Commenting on this announcement, QD Wang, Chairman and Chief Executive Officer of Hurray!, said, "We are extremely pleased to announce the framework contract for this strategic partnership with BTV, one of the major TV networks in China, with a broad audience of more 250 million viewers. This event is a breakthrough for us in developing new distribution channels and gaining access to TV and video content. It takes us one step closer toward our goal of becoming a leading digital entertainment content production and distribution house in China."

    About Hurray! Holding Co., Ltd.

    Hurray! is a leading provider of music and music-related products such as ringtones, ringback tones, and truetones to mobile users in China through SMS, IVR, RBT, WAP, MMS and Java wireless value-added services platforms over mobile networks and through the Internet. The company also provides a wide range of other wireless value-added services to mobile users in China, including games, pictures and animation, community, and other media and entertainment services.

    In addition, Hurray! is a leader in artist development, music production and offline and online distribution in China through its majority controlled record labels Huayi Brothers Music and Hurray! Freeland Music.

    Hurray! also designs, develops, sells and supports a service provisioning and management software for mobile operators in China to manage wireless value-added services.

    Forward-looking Statements

    This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward- looking statements by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including: the risk that Hurray! and BTVM may not be able to agree on the specific terms of the proposed partnership, in which case such partnership may not be established in a timely manner or at all; the risk that this or any future cooperation will not create the operational and financial results that the management and board of directors of Hurray! expect, including in particular the risk that BTV's programming will not continue to be able to attract audiences in China; the risk that the popularity of BTV program related wireless value-added services will not continue to grow or that it may decrease; the risk that this and any future partnership or acquisition could divert management's attention from Hurray!'s operations, which could adversely affect its results of operations; and the risks outlined in our filings with the Securities and Exchange Commission, including our registration statement on Form F-1. We do not undertake any obligation to update this forward-looking information, except as required under applicable law.

    For more information, please contact: Phoebe Meng Investor Relations Manager Tel: +86-10-84555532 Email: yfmeng@hurray.com.cn

    Photo: http://www.newscom.com/cgi-bin/prnh/20050314/CNM005LOGO
    PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840 Hurray! Holding Co., Ltd.

    CONTACT: Phoebe Meng, Investor Relations Manager of Hurray! Holding Co.,
    +86-10-84555532, or yfmeng@hurray.com.cn

    Web site: http://www.hurray.com/




    RightNow Technologies to Host Federal User Group on April 10, 2007

    WHO: Next-generation, on demand CRM provider, RightNow Technologies WHAT: Federal User Group -- RightNow Technologies public sector customers such as the Air Force Recruiting Services and the U.S. Department of Housing and Urban Development, gather together to share best practices and discuss top government IT issues. WHEN: April 10, 2007 at 10:00 am EDT - 3:00 pm EDT WHERE: L'Enfant Plaza Hotel, 480 L'Enfant Plaza, SW, Washington, DC WHY: This government-focused gathering will feature detailed RightNow 8 product sessions, as well as presentations from federal agencies currently using the RightNow solution. MORE INFO: http://www.rightnow.com/events/event.php?id=9559 About RightNow Technologies

    RightNow is leading the industry beyond CRM to high-impact Customer Experience Management solutions. Approximately 1,800 companies around the world turn to RightNow to drive a superior customer experience across the frontlines of their business. As a win-on-service strategy becomes a business imperative, Customer Experience Management solutions have become essential for business success. Founded in 1997, RightNow is headquartered in Bozeman, Montana, with additional offices in North America, Europe and Asia. For further information, please visit http://www.rightnow.com/.

    RightNow is a registered trademark of RightNow Technologies, Inc. NASDAQ is a registered trademark of the NASDAQ Stock Market.

    RightNow Technologies

    CONTACT: Chaundera Wolfe of RightNow Technologies, +1-406-556-3323,
    cell +1-406-570-0347, cwolfe@rightnow.com

    Web site: http://www.rightnow.com/




    LANW, PALM and STKL Update the Investment Community in All-new Interviews With WallSt.net

    NEW YORK, April 4 /PRNewswire/ -- On March 20, Michael Guirlinger, Chief Executive Officer and Chief Operating Officer of Language Access Network, Inc. (Pink Sheets: LANW) updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics:

    - how the installation of the company's Martti(TM) video interpretation platform at Mercy Hospital's Emergency Department could impact Language Access Network's geographic footprint - market opportunity for the company's video interpretation solutions with hospitals and pharmacies in the United States - reasons the company's video interpretation solutions have a competitive edge - technology trends bolstering the company's prospects for near-term growth - upcoming milestones for investors to watch for

    To hear the interview in its entirety, and to read an in-depth report on the company, visit http://www.wallst.net/superstocks/superstocks_profile.asp?ticker=lanw

    On March 29, Miguel Hernandez, Director of Palm Latin America, a division of Palm, Inc. updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics:

    - the company's growth prospects in the Latin American market - adding multimedia features to the company's mobile computing devices - why the company is investing "heavily" in research and development - key drivers behind the company's most recently reported financials - data and mobile computing trends in the Latin American market - the company's 3G initiatives - upcoming milestones for investors to watch for

    To hear the interview in its entirety visit http://wallst.net/audio/audio.asp?ticker=PALM&id=3212

    On March 21, Steven Bromley, Chief Executive Officer of SunOpta, Inc. updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics:

    - revenue guidance for the current fiscal year - the company's vertically integrated business model - steps the company has taken to capitalize on the growing popularity of organic foods - key drivers behind the company's 2006 revenue increase over 2005 - how the recall of frozen strawberries during Q4 2006 impacted the company's Q4 results - upcoming milestones for investors to watch for

    To hear the interview in its entirety, visit http://wallst.net/audio/audio.asp?symbol=STKL&id=3173

    About WallSt.net:

    http://www.wallst.net/ is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. http://www.wallst.net/ offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies. We have received ten thousand free trading shares of LANW from a third party for media and advertising services for Language Access Network, Inc. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp .

    (Logo: http://www.newscom.com/cgi-bin/prnh/20050927/LATU121LOGO )

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050927/LATU121LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com WallStreet Direct, Inc.

    CONTACT: Nick Iyer of Digital Wall Street, Inc., +1-800-4-WALL-ST

    Web site: http://www.wallst.net/




    University of Pittsburgh Medical Center Chooses Oce Business Services for Document Process Management

    NEW YORK, April 4 /PRNewswire-FirstCall/ -- Oce Business Services, Inc. today announced a multi-year agreement with the University of Pittsburgh Medical Center (UPMC) to provide document process management services. Under the agreement, Oce Business Services' team of professionals will help streamline document operations, shorten cycle times, and reduce costs while enhancing service levels at all UPMC facilities.

    UPMC is one of the leading integrated health care enterprises and nonprofit medical centers in the United States. Widely recognized for its innovations in patient care, research, technology and health care management, UPMC has nearly $6 billion in revenue and more than 43,000 employees. UPMC comprises 19 hospitals, 400 outpatient sites and doctors' offices, retirement and long-term care facilities, an insurance plan, and international ventures.

    "We're pleased to be associated with UPMC, one of the nation's preeminent medical institutions," said Joseph R. Marciano, President and CEO of Oce Business Services. "This agreement will apply our document technology and services to help UPMC realize its goal of building a more integrated shared services program that reduces costs and improves document processes across a variety of operational areas."

    Under the terms of the agreement Oce Business Services will provide commercial printing, forms, mail, and business management services. As part of its program Oce Business Services will deploy a unique solution that integrates Oce ATS (Automated Tracking Software) with the field-proven Oce MAX(TM) business performance management system. The solution enables users to annually track millions of pieces of inbound and outbound mail, as well as overnight and courier deliveries.

    "This initiative with Oce Business Services supports UPMC's vision to better integrate and provide technical innovation across a range of business processes including commercial print, print center, courier and mail services, multi-functional machines, print management and records management," said James Szilagy, UPMC's chief supply chain officer. "The future belongs to organizations that leverage information technology for increased agility, flexibility, and innovation. That's our goal for this collaboration."

    About Oce Business Services

    Oce Business Services is one of the world's leading providers of document process management services and technology to law firms, corporations and the public sector. Its spectrum of managed solutions spans the document lifecycle. These include print/copy, mail services; Six Sigma(R) based performance management, records management and eDiscovery. CaseData is a division of Oce Business Services and one of the most experienced providers of eDiscovery, paper discovery, forensics and web-based review services for complex litigation and regulatory compliance matters. Oce Business Services' integrated capabilities allow it to serve enterprise-wide requirements with advanced technology, people and processes. By enabling organizations to manage and control document assets, Oce helps reduce costs, increase efficiency, mitigate risk and introduce innovation. To learn more, visit http://www.ocesolutions.com/ or http://www.ocesolutions.com/casedata.

    About Oce

    Oce N.V. is a leading international provider of digital document management technology and services. The company's solutions are based on Oce's advanced software applications that deliver documents and data over internal networks and the Internet to printing devices and archives -- locally and around the world. Supporting the workflow solutions are Oce digital printers and scanners, considered the most reliable and productive in the world. Oce also offers a wide range of display graphics, consulting and outsourcing solutions.

    Oce employs around 24,000 people, with 2006 annual revenues of approximately $4 billion, operates in approximately one hundred countries and maintains research and manufacturing centers in the Netherlands, the United States, Canada, Germany, France, Belgium, the Czech Republic, and Romania. Oce North America is headquartered in Trumbull, CT, with additional business units in Chicago, IL; New York City; Boca Raton, FL; Salt Lake City, UT; Coventry, RI; and Vancouver, BC. North American revenues were approximately $1.7 billion for fiscal 2006, and employment is currently 11,000. For more information about Oce, visit http://www.oceusa.com/. Outside the U.S., consult http://www.oce.com/\.

    Oce Business Services, Inc.

    CONTACT: Ken Neal, Director, Corporate Communications, of Oce Business
    Services, +1-212-502-2151, kenneth.neal@oce.com; or Jeanne Achille of The
    Devon Group, +1-732-224-1000 ext. 11, jeanne@devonpr.com, for Oce Business
    Services, Inc.

    Web site: http://www.oce.com/
    http://www.oceusa.com/
    http://www.ocesolutions.com/
    http://www.ocesolutions.com/casedata




    Please Join Us for the Secure Computing Conference Call

    SAN JOSE, Calif., April 4 /PRNewswire-FirstCall/ -- Secure Computing Corporation :

    TOPIC: Secure Computing First Quarter Results DATE: Thursday, April 26, 2007 TIME: 1:30 p.m. PDT (4:30 p.m. EDT) DIAL IN NUMBER: 888-889-4951 (US & Canada), 1-630-395-0018 (International) CALL LEADER: Jane Underwood PASSCODE: SCUR

    Please call in 10 minutes ahead of time to ensure a proper connection. We look forward to having you join us. If you have any problems or questions, please call Secure Computing 408-979-6186. This call is being web cast and can be accessed at the Investor Relations section of the Secure Computing web site at: http://www.securecomputing.com/.

    REPLAY INFORMATION

    Replay Via Phone: Available April 26, 2007 (from 4:00 p.m. PDT) through May 3, 2007 (until 10:00 p.m. PDT)

    Phone: 866-487-7574 (US & Canada), 203-369-1650 (International) Replay Via Internet: Investor Relations section of http://www.securecomputing.com/ About Secure Computing

    Secure Computing , a leading provider of enterprise gateway security, delivers a comprehensive set of solutions that help customers protect their critical Web, email and network assets. Over half the Fortune 50 and Fortune 500 are part of our more than 19,000 global customers in 106 countries, supported by a worldwide network of more than 1,900 partners. The company is headquartered in San Jose, Calif., and has offices worldwide. For more information, see http://www.securecomputing.com/

    This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements in this release involve risks and uncertainties that could cause actual results to differ materially form current expectations. We urge investors to review the risks and uncertainties detailed form time to time in Secure Computing's periodic reports and registration statements filed with the Securities and Exchange Commission.

    Editorial Contact: Brenda Christensen brenda_christensen@securecomputing.com 925-288-4165 Investor Contact: Jane Underwood jane_underwood@securecomputing.com 408-979-6186 (Logo: http://www.newscom.com/cgi-bin/prnh/20060808/LATU027LOGO )

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060808/LATU027LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Secure Computing Corporation

    CONTACT: Editorial, Brenda Christensen, +1-925-288-4165,
    brenda_christensen@securecomputing.com, or Investors, Jane Underwood,
    +1-408-979-6186, jane_underwood@securecomputing.com, both of Secure Computing
    Corporation

    Web site: http://www.securecomputing.com/




    Adaptis Conquers QNXT Bachelor Certification in Record TimeAdaptis Speakers to Present 'How To' Workshop at TriZetto QNXT Spring Conference

    SEATTLE, April 4 /PRNewswire/ -- Adaptis, a leading provider of Business Process Integration solutions for health payors, today announced that Adaptis' Nilesh Kulkarni and Darryl Thompson, Managers, Database Administration, will present insights learned during their QNXT Bachelor's Certification at the TriZetto QNXT 2007 Spring Conference taking place April 9-12 in Scottsdale, AZ. QNXT, offered by TriZetto Group, Inc. , is an industry- recognized rules-based health payor application that Adaptis uses as its preferred platform for BPO services. Adaptis holds the unique position of being a QNXT customer as well as a partner as a result of this arrangement. The Adaptis presentation will dissect the anatomy of the certification process and provide lessons learned while completing the certification within less than 100 days.

    Nilesh and Darryl agree, "The importance of setting and managing goals so that a certification process can be run like a project can not be overstated." Kulkarni added, "To complete this certification in record time, it was critical for the team to build wide-spread organizational support. Adaptis provided this every step of the way so we could focus and yet rest assured that our other project commitments were met."

    About Adaptis

    Adaptis is a comprehensive source of business process integration solutions focused on health payors with up to 500,000 lives. Proven service performance and a client-centric Account Management approach underlie their administrative, medical management and decision support services. Adaptis is headquartered in Seattle, Washington with a regional operations center in Yakima, Washington and through its majority-owned subsidiary, Tela Sourcing Inc., an ISO 9001:2000 certified international facility in Pune, India. http://www.adaptisinc.com/

    Adaptis

    CONTACT: Cheryl Isen of Isen and Company, +1-425-222-0779, or
    Cheryl@IsenandCo.com, for Adaptis

    Web site: http://www.adaptisinc.com/




    SupportSoft, Inc. to Hold First Quarter Investor Conference Call on Thursday, April 26th at 4:30pm EDT

    REDWOOD CITY, Calif., April 4 /PRNewswire-FirstCall/ -- SupportSoft Inc. , a leading provider of software and services that automate the resolution of technology problems, announced today that it will hold a conference call on Thursday, April 26, 2007 at 4:30pm EDT to discuss the Company's first quarter 2007 financial results.

    Investors can listen to a live webcast of the conference call by visiting the Investor Relations portion of the SupportSoft website at http://www.supportsoft.com/. For those unable to listen to the live webcast a replay will be available on the SupportSoft website or by dialing 888-286-8010 and entering pass code 3181-8272.

    About SupportSoft

    SupportSoft is a leading provider of software and services that automate the resolution of technology problems. The Company's solutions reduce technology support costs, improve customer satisfaction and enable new revenue streams for companies reaching 50 million users worldwide. The Company has expanded its offerings and now provides Instant Technology Relief (SM) to frustrating technology problems directly to consumers through http://www.support.com/. For more information about the Company and its corporate offerings, visit supportsoft.com; for Instant Technology Relief (SM) to consumer technology problems, visit http://www.support.com/ or dial 1-800-PC-SUPPORT.

    SupportSoft, Inc.

    CONTACT: investors, Carolyn Bass or Zach Barnes of Market Street
    Partners, +1-415-445-3235, or ir@supportsoft.com, for SupportSoft, Inc.; or
    media, Jennifer Massaro of SupportSoft, Inc., +1-650-556-8596, or
    pr@supportsoft.com

    Web site: http://www.supportsoft.com/




    The Allied Defense Group Announces First Fielding of Battlefield Effects Simulators for U.S. Army Training Ranges

    VIENNA, Va., April 4 /PRNewswire-FirstCall/ -- The Allied Defense Group, Inc. , announces the first fielding of the Battlefield Effects Simulator (BES) system to a U.S. Army training range.

    The fielding was conducted during March 9-12, 2007, at Fort A.P. Hill, Virginia. This fielding supports the Army's requirement to simulate the flash and bang of weapon discharge and target hit on Army live fire training ranges.

    Under a contract competitively awarded in April, 2005, by the U.S. Army Program Executive Officer for Simulations, Training, and Instrumentation (PEO STRI), Allied's Texas-based business unit, Titan Dynamics Systems Inc, has developed and produced the BES system which consists of both the launcher device and the pyrotechnic cartridges that provide the simulated effects. To date, the Government has placed delivery orders totaling over $7.4 million for BES systems to be installed at Army and Marine Corps training ranges. The first fielding to the United States Marine Corps took place at 29 Palms, California, in September 2006.

    The first handoff of the BES system to the Army's Fort A.P. Hill consisted of a total of 24 each Omega 60 launcher devices installed in fixed and mobile target positions, plus quantities of the pyrotechnic cartridges for new equipment training, site integration, and acceptance testing. During the 3- day fielding activity, five personnel from Fort A.P. Hill were trained in the proper operation of the BES system, the 24 launchers installed, and the complete system integrated with the training range control system.

    Major General (Ret) John J. Marcello, The Allied Defense Group's Chief Executive Officer and President, said, "With the completion of this first fielding milestone, the BES system enables the realistic battlefield conditions to be replicated on the training range and enhances the Army's operational readiness to succeed on tomorrow's battlefield. Titan is now in the process of fielding additional systems with the U.S. Army on an ongoing basis."

    About The Allied Defense Group, Inc.

    The Allied Defense Group, Inc. is a diversified international defense and security firm which: develops and produces conventional medium caliber ammunition marketed to defense departments worldwide; designs, produces and markets sophisticated electronic and microwave security systems principally for European and North American markets; manufactures battlefield effects simulators and other training devices for the military; and designs and produces state-of-the-art weather and navigation software, data, and systems for commercial and military customers.

    For more Information, please visit the Company web site: http://www.allieddefensegroup.com/

    Certain statements contained herein are "forward looking" statements as such term is defined in the Private Securities Litigation Reform Act of 1995. Because statements include risks and uncertainties, actual results may differ materially from those expressed or implied and include, but are not limited to, those discussed in filings by the Company with the Securities and Exchange Commission.

    For More Information, Contact: Crystal B. Leiderman Director, Investor Relations 800-847-5322

    Allied Defense Group, Inc.

    CONTACT: Crystal B. Leiderman, Director, Investor Relations of The
    Allied Defense Group, +1-800-847-5322

    Web site: http://www.allieddefensegroup.com/




    LINKTONE TO ATTEND JP MORGAN CHINA CONFERENCE 2007

    SHANGHAI, China, April 4 /Xinhua-PRNewswire/ -- Linktone Ltd. , a leading provider of wireless interactive entertainment products and services to consumers in China, today announced that its management will attend and host one on one meetings with investors at the JP Morgan China Conference to discuss the Company's business strategy and growth plan. The conference is being held from April 25 to April 27, 2007 at the Grand Hyatt Hotel in Beijing, China.

    The JP Morgan China Conference 2007 will showcase over a hundred listed and privately held companies including a broad spectrum of premier multinationals and a wide range in industry experts. In attendance will be a series of specialist speakers, multinational companies, and prominent officials from regulatory and government bodies based in China.

    About Linktone Ltd.

    Linktone Ltd. is a leading provider of wireless interactive entertainment products and services in China. Linktone provides a diverse portfolio of services to wireless consumers, with a particular focus on media, entertainment and communications. These services are promoted through the Company's own marketing channels and through the networks of the mobile operators in China. Through in-house development and alliances with international and local branded content partners, the Company develops, aggregates, and distributes innovative and engaging products to maximize the breadth, quality and diversity of its offerings. Linktone categorizes China's wireless services landscape as "MAGIC" -- Music, Advanced Gaming, Graphics, Instant Messaging and Community.

    For more information, please contact: Investor Relations Edward Liu Linktone Ltd. Tel: 86-21-6361-1583 Email: edward.liu@linktone.com Brandi Piacente The Piacente Group, Inc. Tel: +1-212-481-2050 Email: brandi@thepiacentegroup.com

    Linktone Ltd.

    CONTACT: Edward Liu of Linktone Ltd., +86-21-6361-1583, or
    edward.liu@linktone.com; or Brandi Piacente of The Piacente Group, Inc. for
    +1-212-481-2050, brandi@thepiacentegroup.com




    ALONG Mobile Technologies Inc. Announces Its First Quarter Unaudited Fiscal 2007 Financial Results

    XI'AN, China, April 4 /Xinhua-PRNewswire-FirstCall/ -- ALONG Mobile Technologies Inc. , a leading provider of wireless interactive entertainment products and services to customers in China, today announced its first quarter unaudited financial results, ending March 31, 2007.

    Net Revenue for the first quarter of 2007 was $2,691,423, an increase of 107.6% compared with Net Revenue of $1,296,159 for the fiscal first quarter of 2006.

    Net Income for the fiscal first quarter of 2007 was $1,458,236, an increase of 105.8% compared with Net Income of $710,843 for the fiscal first quarter of 2006.

    Mr. Wang Zhen, the CFO of ALONG Mobile, stated, "The significant increase in revenues in the first quarter of 2007 was mainly due to the success of ALONG's continuous efforts to expand its network of downloading terminals from the whole fiscal year of 2006, where by the first quarter of 2007, ALONG has owned more than 2,000 terminals around the western and middle regions of China." He went on to say, "Our revenue also increased significantly due to our Marketing strategy, as we conducted a variety of advertising and marketing campaigns over 2006."

    Forward-looking Statement

    Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.

    About ALONG

    ALONG Mobile Technologies, Inc. is a mobile value-added services provider in the PRC. The Company designs, produces, publishes, manufactures, provides and distributes proprietary wireless entertainment applications such as ring- tones, games, images, videos and e-books to its customers. Our Wireless Applications are intended to be downloaded by our customers on a fee-basis by means of our proprietary public downloading terminals which are installed by us in strategic locations such as shopping centers, universities, entertainment centers, cinemas, hotels, airports, restaurants and parks. Interaction enriches your life. For more information about ALONG, please visit http://www.alongmobile.com/ . Our customers will soon be able to download our games via the internet from the website http://www.whatplay.cn/ .

    For more information, please contact: ALONG Mobile Technologies Inc. Michael Wang Tel: +86-29-8836-0097 Fax: +86-29-8836-0090 Email: michaelwang@alonggame.com Web: http://www.alonggame.com/

    ALONG Mobile Technologies Inc.

    CONTACT: Michael Wang of ALONG Mobile Technologies Inc.,
    +86-29-8836-0097, or fax, +86-29-8836-0090, or michaelwang@alonggame.com

    Web Site: http://www.alonggame.com/




    Spectranetics to Present at SunTrust Institutional Conference on April 11

    COLORADO SPRINGS, Colo., April 4 /PRNewswire-FirstCall/ -- Spectranetics Corporation today announced that it will present at the SunTrust 36th Annual Institutional Conference to be held April 10-11 at the Ritz-Carlton Buckhead in Atlanta, Georgia.

    John G. Schulte, Spectranetics' president and chief executive officer, is scheduled to speak on Wednesday April 11, at 1:05 p.m. Eastern time (10:05 a.m. Pacific time) and will discuss the Company's strategic initiatives, product pipeline and market opportunities.

    Interested parties can access a live audio webcast and slide presentation at http://www.spectranetics.com/. An archived presentation will be available on the Web site for 14 days.

    About Spectranetics

    Spectranetics is a medical device company that develops, manufactures and markets single-use medical devices used in minimally invasive surgical procedures within the cardiovascular system in conjunction with its proprietary excimer laser system. Its CVX-300(R) excimer laser is the only system approved by the FDA for multiple cardiovascular procedures, including coronary atherectomy, and the removal of problematic pacemaker and defibrillator leads. Nearly all of the company's FDA-approved and investigational applications have received Communautes Europeennes (CE) mark registration for marketing within Europe. In April 2004 Spectranetics obtained 510(k) clearance from the FDA for the laser-based treatment of patients suffering from total occlusions (blockages) in their leg arteries that are not crossable with a guide wire.

    COMPANY CONTACT: INVESTOR & MEDIA CONTACTS: Spectranetics Corporation Lippert/Heilshorn & Associates, Inc. Guy Childs, Chief Financial Officer Bruce Voss or Don Markley (719) 633-8333 (310) 691-7100 http://www.spectranetics.com/ http://www.lhai.com/

    Spectranetics Corporation

    CONTACT: Guy Childs, Chief Financial Officer of Spectranetics
    Corporation, +1-719-633-8333; or Investors & Media, Bruce Voss or Don Markley,
    both of Lippert/Heilshorn & Associates, Inc., +1-310-691-7100, for
    Spectranetics Corporation

    Web site: http://www.spectranetics.com/




    Daiwa Securities SMBC Extends CheckFree TradeFlow For TRAX2 Migration

    ATLANTA and LONDON, April 4 /PRNewswire-FirstCall/ -- CheckFree Corporation today announced that Daiwa Securities SMBC Europe Limited (Daiwa) has extended its use of CheckFree TradeFlow(TM), CheckFree's post-trade securities transaction process management solution.

    Daiwa began utilising CheckFree TradeFlow in 2004 to process trade confirmations for its regional operations centre in London. Under the new agreement, CheckFree will provide Daiwa with additional connectivity to support the TRAX2 network, the one-stop trade matching and regulatory reporting system for bonds, derivatives and equities developed by the International Capital Market Association (ICMA).

    ICMA is in the process of migrating existing members of TRAX to its new TRAX2 network and has set a deadline of September 2007 for the changeover. The CheckFree TradeFlow solution is designed to enable Daiwa to migrate to the new network before the deadline, thereby potentially reducing Daiwa's operational risk. TradeFlow's connectivity with TRAX2 will also assist Daiwa to more easily meet regulatory reporting requirements such as those set out by The Markets in Financial Instruments Directive (MiFID) for financial services firms across Europe.

    "CheckFree TradeFlow is proven technology that has become an integral part of Daiwa's infrastructure following our successful implementation of the platform for Oasys Global Direct connectivity," said Graeme Muirhead, managing director of the technology division at Daiwa Securities SMBC Europe. "CheckFree's integration and workflow technology will enable us to leverage our existing investment to build added value into our operations. We have appreciated CheckFree's considerable domain expertise and advice in working to help us deliver trade processing solutions to the business."

    "The move to TRAX2 is mandatory, and must happen by September 2007, and CheckFree can assist our clients to make that move," said Preston Hoffman, senior vice president and general manager of CheckFree Software's Securities business. "Often the cost of building an in-house solution to address connectivity issues is time and cost prohibitive. Through CheckFree TradeFlow, we offer our clients a low risk option to deliver this change, while assisting with their compliance with complex government regulations and industry standards, which are critical to maintaining business continuity."

    CheckFree's Applied Operational Intelligence (SM) approach helps clients drive profitability and performance by combining innovative software, proven expertise and business intelligence. This approach is built on CheckFree's core competencies of reconciliation, exception management, transaction process management, corporate actions processing, payments processing, risk management and compliance. The Applied Operational Intelligence approach is expressly designed to help manage risk and efficiency, while leveraging business intelligence to achieve measurable return on investment.

    The CheckFree TradeFlow solution is designed to allow organisations to efficiently manage, monitor and measure the flow of securities and cash transactions across the enterprise and through counterparties and settlement agents, while minimising operational risk and increasing operational efficiencies. For more information about CheckFree TradeFlow, visit http://www.checkfreesoftware.com/.

    About Daiwa Securities SMBC Europe (http://www.daiwasmbc.co.uk/)

    Daiwa Securities SMBC Europe Limited is a wholly owned subsidiary of Daiwa Securities SMBC Co. Ltd., an investment banking joint venture 60% owned by Daiwa Securities Group Inc. and 40% by Sumitomo Mitsui Financial Group Inc.

    The company has been established in London since 1980. (It was formerly known as Daiwa Securities SB Capital Markets Europe Limited and also as Daiwa Europe Limited.)

    Its principal activities relate to the underwriting and managing of new issues, through to the trading and sales of secondary securities. It is regulated by the Financial Services Authority.

    Daiwa Securities SMBC Europe Limited offers a wide range of services from its main divisions:

    -- Equity -- Fixed Income -- Investment Banking About CheckFree (http://www.checkfreecorp.com/)

    Founded in 1981, CheckFree Corporation provides financial electronic commerce services and products to organizations around the world. CheckFree Electronic Commerce solutions enable thousands of financial services providers and billers to offer the convenience of receiving and paying household bills online, via phone or in person through retail outlets. CheckFree Investment Services provides a broad range of investment management solutions and outsourced services to hundreds of financial services organizations, which manage about $1.7 trillion in assets. CheckFree Software develops, markets and supports payment processing solutions that are used by financial institutions to process more than two-thirds of the 14 billion Automated Clearing House transactions in the United States, and supports reconciliation, exception management, risk management, transaction process management, corporate actions processing, and compliance within thousands of organizations worldwide.

    Certain of the Company's statements in this press release are not purely historical, and as such are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements regarding management's intentions, plans, beliefs, expectations or projections of the future. Forward-looking statements involve risks and uncertainties, including without limitation, the various risks inherent in the Company's business, and other risks and uncertainties detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended June 30, 2006 (filed September 8, 2006), Form 10-Q for the quarter ended September 30, 2006 (filed November 8, 2006) and Form 10-Q for the quarter ended December 31, 2006 (filed February 8, 2007). One or more of these factors have affected, and could in the future affect the Company's business and financial results in future periods, and could cause actual results to differ materially from plans and projections. There can be no assurance that the forward-looking statements made in this press release will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by the Company, or any other person, that the objectives and plans of the Company will be achieved. All forward-looking statements made in this press release are based on information presently available to management, and the Company assumes no obligation to update any forward-looking statements.

    CheckFree Corporation

    CONTACT: Media relations, Judy DeRango Wicks, +1-678-375-1595,
    jdwicks@checkfree.com; or Investor relations, Tina Moore, +1-678-375-1278,
    tmoore@checkfree.com, both for CheckFree Corporation

    Web site: http://www.checkfreecorp.com/
    http://www.checkfreesoftware.com/
    http://www.daiwasmbc.co.uk/




    Quantel: Resultats Annuels 2006

    LES ULIS, France, April 4 /PRNewswire/ --

    - Les investissements réalisés depuis 2005 renforcent les perspectives mais pèsent sur les résultats

    Avec un chiffre d'affaires 2006 de 41,43 MEUR, en progression de 12,2%, Quantel publie un résultat opérationnel de 2,96 MEUR et un résultat net de 2,10 MEUR.

    Comptes consolidés (en milliers d'euros) 2006 2005 Variation Chiffres d'affaires 41 428 36 926 +12,2% Résultat opérationnel 2 962 3 440 -13,9% Résultat avant impôt 2 557 3 559 -28,1% Résultat net 2 104 2 885 -27,1% Principaux éléments du bilan (en milliers d'euros) 31/12/2006 31/12/2005 Variation Actifs immobilisés 22 264 16 663 +33,6% Fonds propres 23 920 22 271 +7,4% Dette financière 20 472 12 641 +61,9% Trésorerie 8 054 7 199 +11,9%

    Baisse du résultat opérationnel liée aux investissements

    A 2,96 MEUR, le résultat opérationnel perd environ 0,45 MEUR par rapport à 2005. Cette baisse s'explique principalement par des charges liées aux investissements :

    Le déménagement au nouveau siège des Ulis pèse environ 350 kEUR dans les charges (achats et charges externes).

    Les amortissements ont pour leur part augmenté de 700 kEUR (+50%), le groupe ayant accéléré ses investissements depuis 2005. Parmi les développements ayant impacté les charges ou les amortissements, on peut notamment citer :

    - le développement des nouveaux produits médicaux,

    - l'acquisition et le développement de technologie sur le marché du laser à fibres.

    Ainsi, les actifs immobilisés ont nettement augmenté en 2006, passant de 16,7 à 22,3 MEUR, soit une hausse de 33,6% qui explique le poids aujourd'hui plus important des amortissements. Cette augmentation porte en elle un potentiel de croissance important pour les années à venir.

    Inversion de l'effet dollar sur le bilan

    A fin 2005, Quantel avait enregistré des gains de change sur ses créances en dollar vis-à-vis de sa filiale américaine Big Sky Laser. Compte-tenu de la baisse du dollar pendant l'exercice écoulé, c'est l'effet inverse qui s'est produit cette année. Ainsi, la variation du dollar explique la majeure partie (0,5 MEUR) de la baisse du résultat financier entre 2005 et 2006. Cette écriture n'a pas d'impact sur le cash-flow du groupe.

    Une trésorerie intacte

    La capacité d'autofinancement reste voisine de celle de l'an passé, à 4,7 MEUR. Par contre, l'augmentation du BFR liée à l'accroissement volontaire des stocks permettra de répondre plus rapidement à la demande des clients.

    Le groupe ayant eu recours à l'emprunt pour financer ses investissements, la trésorerie à fin 2006 reste élevée, à 8,05 MEUR, pour garder les moyens de financer une croissance rapide sur 2007/2009.

    Perspectives 2007-2009

    Le groupe achèvera cette année sa préparation pour conquérir de nouveaux marchés, et anticipe pour 2007 une poursuite de la croissance marquée par :

    Croissance organique :

    - des positions solides sur ses marchés historiques : industriels, scientifiques, et militaires, ainsi que sur le marché de l'ophtalmologie, tiré par les nouveaux produits sortis en 2006,

    - le lancement au premier semestre 2007 et début 2008 de nouveaux lasers en dermatologie,

    - les phases suivantes d'étude sur le contrat Mégajoule, avant la production de série en 2009,

    - la fourniture des premiers lasers à fibres dont le potentiel de croissance est confirmé, et leur remplacement en fin d'année par les produits de deuxième génération, qui permettront une amélioration sensible de la marge.

    Croissance externe :

    - l'intégration de la société NUVONYX Europe, acquise en février (chiffre d'affaires : 5,5 MEUR en 2006), apportera des ventes complémentaires et, à partir de 2008, une amélioration des marges.

    A l'issue de cet exercice, les développements engagés depuis 2 ans commenceront à porter leurs fruits, produisant pour les années 2008 et suivantes une croissance accélérée et rentable sur des marchés à fort potentiel.

    A propos du Groupe QUANTEL

    Fondé en 1970, le Groupe QUANTEL s'est imposé au cours des dix dernières années comme l'un des plus grands spécialistes mondiaux de la technologie laser à usages scientifiques (laboratoires de recherche, universités), industriels (micro-usinage, mesure, militaire) et médical (ophtalmologie, dermatologie).

    Présent en France et aux USA, au travers de sa filiale Big Sky Laser, le Groupe QUANTEL a réalisé en 2006 un résultat net de 2,1MEUR et un chiffre d'affaires de 41,4 MEUR dont 81% à l'international réparti entre les applications scientifiques et industrielles (51%) et médicales (49%) du laser.

    www.quantel.fr

    Alain de Salaberry Président Directeur Général T: +33-1-69-29-17-00 info@quantel.fr Mathieu Calleux Relations Investisseurs T: +33-1-53-65-37-91 mathieu.calleux@calyptus.net Philippe Melikian Directeur Financier T: +33-1-69-29-17-00 info@quantel.fr Marie Ein Relations Presse T: +33-1-53-65-37-91 marie.ein@calyptus.net

    QUANTEL Ltd

    Alain de Salaberry, Président Directeur Général, T: +33-1-69-29-17-00, info@quantel.fr; Mathieu Calleux, Relations Investisseurs, T: +33-1-53-65-37-91, mathieu.calleux@calyptus.net; Philippe Melikian, Directeur Financier, T: +33-1-69-29-17-00, info@quantel.fr; Marie Ein, Relations Presse, T: +33-1-53-65-37-91, marie.ein@calyptus.net




    Diamond Management & Technology Consultants, Inc. Announces Date for Fourth Quarter Fiscal Year 2007 Results

    CHICAGO, April 3 /PRNewswire-FirstCall/ -- Diamond Management & Technology Consultants, Inc. , a premier global management and technology consulting firm, will release the financial results for its fourth quarter of fiscal year 2007 (ended March 31, 2007) before markets open on Tuesday, May 8, 2007. Management of Diamond will host a conference call following the announcement to discuss the results of the quarter. The conference call will take place on Tuesday, May 8, 2007 at 8:00 AM CT (9:00 AM ET).

    Investors may listen to the conference call live over the Internet by going to the investor relations section of Diamond's web site at http://www.diamondconsultants.com/. Please be sure to allow at least 15 minutes before the conference call begins to register, download, and install any necessary audio software. The dial-in number for the conference call is 800-416-4516 for North American callers and 415-908-6231 for international callers. A replay of the call will be available over the Internet beginning shortly after the call ends. You may also listen to a telephonic replay of the discussion beginning approximately two hours after the completion of the call through 5:00 PM CT on May 13, 2007. The replay can be accessed by calling 402-977-9140, then entering passcode number 21335426.

    About Diamond

    Diamond is a management and technology consulting firm. Recognizing that information and technology shape market dynamics, Diamond's small teams of experts work across functional and organizational boundaries to improve growth and profitability. Since the greatest value in a strategy, and its highest risk, resides in its implementation, Diamond also provides proven execution capabilities. We deliver three critical elements to every project: fact-based objectivity, spirited collaboration, and sustainable results. Diamond is headquartered in Chicago, with offices in New York, Washington, D.C., Hartford, London and Mumbai. Diamond is publicly traded on the Nasdaq Global Market under the symbol "DTPI." To learn more, visit http://www.diamondconsultants.com/

    Contacts: Margaret Boyce Investor Relations +1.312-255-5784 margaret.boyce@diamondconsultants.com David Moon Media Relations +1.312.255.4560 david.moon@diamondconsultants.com

    Diamond Management & Technology Consultants, Inc.

    CONTACT: Margaret Boyce, Investor Relations, +1-312-255-5784,
    margaret.boyce@diamondconsultants.com, or David Moon, Media Relations,
    +1-312-255-4560, david.moon@diamondconsultants.com, both of Diamond Management
    & Technology Consultants, Inc.

    Web site: http://www.diamondconsultants.com/




    Xilinx Virtex-5 FPGAs Sweep 17th Annual EDN Innovation AwardsIndustry's first 65nm FPGAs win both Product and Innovator of the Year Awards

    SAN JOSE, Calif., April 3 /PRNewswire/ -- At the Embedded Systems Conference today, Xilinx, Inc. , the world's leading supplier of programmable solutions, announced that its Virtex(TM)-5 LXT family of high- performance FPGAs won the Product of the Year award/Digital IC's category in EDN Magazine's 17th Annual Innovation Award Competition. The design team responsible for the development of the Virtex-5 family, the industry's first 65nm FPGAs, also took home the top honor as Innovator of the Year.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO )

    Instituted in 1990, the Innovation Awards honor the people, products and technologies that have shaped the semiconductor industry over the year. Nominees for the Innovator of the Year category must have demonstrated innovation that resulted in a significant advance in technology and/or product development during the past 12 months. Key innovations by the Xilinx Virtex-5 design team in process technology, architecture and product development methodology led to unprecedented performance and density gains.

    "The Virtex-5 design team not only took on the 65nm challenge -- an impressive feat in and of itself -- but at the same time delivered a 35 percent reduction in power with its next-generation FPGA family," said Maury Wright, EDN Worldwide Editorial Director. "Now that's innovation."

    "We're thrilled to receive such a coveted award. The development of the Virtex-5 family was truly a team effort with contributors throughout the company, across the globe," added design team leaders Steve Douglass and Suresh Menon, vice president(s) of Product Development at Xilinx. "It's very gratifying to see the hard work of so many honored by the industry."

    About the EDN Innovation Awards

    The EDN Innovation program relies on a multitier selection process to choose finalists and winners. Working in panels organized by area of expertise, EDN's technical editors selected the finalists from a record number of deserving entries received during the fall nomination period. EDN published the list of finalists in the Feb. 1, 2007 print issue of EDN and EDN.com. Throughout February, EDN's worldwide audience of electronics engineers and engineering managers voted using an online ballot. A combination of these reader votes, the votes of the EDN Editorial Advisory Board, and the votes of EDN's editorial staff determined the winners of the 17th Annual EDN Innovation Awards.

    About Xilinx Virtex-5 LXT FPGAs

    Built upon the industry's most advanced 65nm triple-oxide technology, breakthrough new ExpressFabric(TM) technology and proven ASMBL(TM) architecture, the Virtex-5 family represents the fifth generation in the award-winning Virtex product line. The Virtex-5 LXT platform is the first FPGA to deliver a hard-coded PCI Express(R) Endpoint together with Tri-mode Ethernet Media Access Controller (MAC) blocks and features the industry's lowest power 65nm transceiver, typically consuming less than 100mW per channel at 3.2 Gbps. Delivering the benefits of 65nm FPGAs since May 2006, the company is now shipping 12 devices across three of the four platforms (LX, LXT, SXT). Visit http://www.xilinx.com/virtex5 for more information.

    About Xilinx

    Xilinx, Inc. is the worldwide leader of programmable logic solutions. For more information, visit http://www.xilinx.com/.

    Editorial Contacts: Tamara Snowden Xilinx, Inc. Public Relations 408-879-6146 tamara.snowden@xilinx.com #0756

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk photodesk@prnewswire.com Xilinx, Inc.

    CONTACT: Tamara Snowden of Xilinx, Inc. Public Relations,
    +1-408-879-6146, tamara.snowden@xilinx.com

    Web site: http://www.xilinx.com/

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