CTLG Technology Presented to Cable Operators

SARASOTA, Fla., April 19 /PRNewswire-FirstCall/ -- Compress Technologies, Inc. , is a technology-based company with patented and protected applications that improve bandwidth and Network Topographies. John Medico, CTLG's CEO, is pleased to announce that CTLG is presenting to selected Cable Television Operators attending the (NAB) National Association of Broadcasters meeting in Las Vegas the successful test results of CTLG's cable television bandwidth enhancement technology. Major multi-million subscriber operators have expressed interest in utilizing CTLG's revolutionary cable bandwidth enhancement technology which could save millions of dollars in outside plant re-building.

ABOUT COMPRESS TECHNOLOGIES, INC. - Compress Technologies, Inc., (CTLG), is a Nevada based technology company with regional offices in the Tampa, Florida area and Engineering laboratories in Miami, Florida. CTLG has garnered a group of Patented and protected core technology solutions utilizing both hardware and software applications designed to improve the efficiencies of bandwidth and Network Topographies for the Cable TV, FM-SCA Radio, Satellite and Wireless Industries. Many of CTLG's technologies in short claim that they "without loss of integrity shrink the size of bandwidth for digital packets to about 2% to 5% of their original size."

You may have heard of HD or "High Definition" radio being advertised as the new wave of radio. CTLG's technology goes beyond High Definition to HDE (High Definition Expanded) radio. CTLG's High Definition Expanded radio offers more than just one or two new programs next to an existing FM radio station. Currently CTLG engineers have developed HDE to 15 channels and expect soon to move the capacity to (50) fifty MPEG 3 fully digital channels next to an existing FM radio station.

CTLG is in various stages of negotiations with several potential major companies interested in CTLG's application technology for International and Domestic deployment.

ADDITIONAL INFORMATION about Compress Technologies, Inc., as well as Corporate structure and stock capitalization, can be viewed on the Company's Web site: http://www.coteinc.com/ .

SAFE HARBOR

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Compress Technologies, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward- looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Compress Technologies, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.

Compress Technologies, Inc.

CONTACT: For Investor Relations information,
investor_relations@coteinc.com, of John Medico, CEO of Compress Technologies,
Inc., +1-941-373-1335, ceo@coteinc.com

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

RightNow Technologies Reports First Quarter Financial Results and Reschedules Earnings Call for Thursday, April 19, 2007Company Also Announces Resignation of Jay Rising

BOZEMAN, Mont., April 19 /PRNewswire-FirstCall/ -- RightNow Technologies , today announced results for the quarter ended March 31, 2007. First quarter revenue was $25.7 million. The net loss in the first quarter of 2007 was $(6.0) million or $(0.18) per share, compared to a net loss of $(0.4) million, or $(0.01) per share, in the first quarter of 2006. First quarter 2007 non-GAAP net loss was $(4.7) million which excludes stock-based compensation charges of $1.3 million. 2007 first quarter results include a 38% increase in recurring revenue and an 88% decrease in perpetual revenue compared to the first quarter of 2006, reflecting the Company's recent business model changes.

During the first quarter, RightNow announced the general availability of RightNow 8 and added more than 60 new customers. New, renewed and expanded customer relationships during the first quarter of 2007 included Air Canada, Centers for Medicare/Medicaid, Daimler Chrysler, Drugstore.com, IAC Search and Media, Kewill, Reuters, Rockwell Automation, Sprint Nextel, and State of Indiana. The Company also served more than 352 million interactions for its customers.

"The first quarter marked a good start to the year for RightNow as we executed through our business model transition," stated Greg Gianforte, founder and CEO. "The launch of RightNow 8 has been very well received by customers, partners and industry analysts."

Susan Carstensen, CFO, added, "We are reiterating 2007 revenue guidance reflecting the successful efforts of our sales force to focus on first year recurring revenue. The shift in our business model contributed to a greater than expected decline in average contract length which results in lower cash guidance for the full year. However, given our high customer satisfaction and our successful track record capturing better than 100% of available renewal dollars, we believe this shift will ultimately benefit our long term cash flow."

The Company also announced the resignation of Jay Rising, President of Field Operations. "Our sales leadership is in excellent hands with three senior, experienced software general managers running our North America, EMEA, and Asia Pacific regions," said Mr. Gianforte. "I believe this change will have minimal impact on our sales organization, our pipeline or our forecasts and we are well-positioned to achieve our growth targets."

Guidance * For the full year 2007, the Company reiterated its expectation for revenue in the range of $116 million to $120 million. * The Company now expects a smaller net loss per share for the full year 2007 in the range of $(0.51) to $(0.59). Non-GAAP net loss per share, which excludes stock-based compensation, is expected to be in the range of $(0.31) to $(0.39). * Cash flow from operations for the full year 2007 is expected to be in the range of $15 million to $25 million. * For the second quarter of 2007, revenue is anticipated to be in the range of $26.3 million to $26.8 million. The second quarter net loss per share is expected to be in the range of $(0.18) to $(0.20). Non-GAAP net loss per share, which excludes stock-based compensation, is expected to be in the range of $(0.11) to $(0.13).

RightNow has rescheduled its previously announced conference call and will now host a call this afternoon, Thursday, April 19, at 5:30 p.m. Eastern time to discuss these results. To access the call, please dial (800) 811-0667, or outside the U.S. (913) 981-4901, at lease five minutes prior to the start time. An audio webcast of the call will also be available at http://www.shareholder.com/rnow/medialist.cfm. A replay of today's conference call will be available on the company's web site at http://www.shareholder.com/rnow/, under the Investor Webcasts menu, from 8:30 p.m. (ET) on April 19, 2007 until 11:59 p.m. Wednesday, May 2, 2007. You may also access a replay of today's call by dialing (719) 457-0820 or (888) 203-1112, with replay passcode 8594471.

About RightNow Technologies

RightNow delivers the high-impact technology solutions and services organizations need to cost-efficiently deliver a consistently superior customer experience across their frontline service, sales and marketing touch-points. Approximately 1,800 corporations and government agencies worldwide depend on RightNow to achieve their strategic objectives and better meet the needs of those they serve. RightNow is headquartered in Bozeman, Montana. For more 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.

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

All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words and include, but are not limited to, statements regarding projected results of operations and management's future strategic plans. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

The risks and uncertainties referred to above include, but are not limited to, risks associated with our business model, including recent changes we made to our model; our ability to develop or acquire, and gain market acceptance for new products in a cost-effective and timely manner; the market success of our recently released RightNow 8 product; the gain or loss of key customers; competitive pressures; our ability to expand operations; our ability to successfully retain customers of Salesnet, Inc. and to integrate Salesnet's products and processes following our recent acquisition of that company; fluctuations in our earnings as a result of the impact of stock-based compensation expense; interruptions or delays in our hosting operations; breaches of our security measures; our ability to protect our intellectual property from infringement, and to avoid infringing on the intellectual property rights of third parties; and our ability to expand, retain and motivate our employees and manage our growth. Further information on potential factors that could affect our financial results is included in our Annual Report on Form 10-K, quarterly reports of Form 10-Q, and in other filings with the Securities and Exchange Commission. The forward-looking statements in this release speak only as of the date they are made. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.

FRNOW RightNow Technologies, Inc. Consolidated Balance Sheets (In thousands) (Unaudited) March 31, Dec 31, 2007 2006 Assets Cash and cash equivalents $44,899 $39,208 Short-term investments 37,578 39,127 Accounts receivable 25,050 32,021 Term receivables, current 20,555 23,806 Allowance for doubtful accounts (2,273) (2,621) Net receivables 43,332 53,206 Prepaid & other current assets 3,676 2,498 Total current assets 129,485 134,039 Property and equipment, net 10,715 10,073 Term receivables, non-current 19,349 24,805 Intangible assets, net 8,538 8,836 Other 842 489 Total Assets $168,929 $178,242 Liabilities and Stockholders' Equity Accounts payable $3,286 $4,417 Commissions and bonuses payable 2,902 4,069 Other accrued liabilities 10,532 7,588 Current portion of long-term debt 32 31 Current portion of deferred revenue 67,444 67,560 Total current liabilities 84,196 83,665 Long-term debt, less current portion 77 85 Deferred revenue, net of current portion 41,241 47,018 Stockholders' equity: Common stock 33 33 Additional paid-in capital 88,064 86,069 Accumulated other comprehensive loss (384) (332) Accumulated deficit (44,298) (38,296) Total stockholders' equity 43,415 47,474 Total Liabilities Stockholders' Equity $168,929 $178,242 RightNow Technologies, Inc. Consolidated Operating Statements (In thousands, except per share amounts) (Unaudited) Three Months Ended March 31, 2007 2006 Revenue: Software, hosting and support $19,819 $19,310 Professional services 5,883 5,321 Total revenue 25,702 24,631 Cost of revenue: Software, hosting and support 4,394 2,771 Professional services 5,171 4,104 Total cost of revenue 9,565 6,875 Gross profit 16,137 17,756 Operating expenses: Sales and marketing 15,727 13,726 Research and development 4,296 3,130 General and administrative 2,860 2,056 Total operating expenses 22,883 18,912 Loss from operations (6,746) (1,156) Interest and other income, net 828 672 Loss before income taxes (5,918) (484) (Provision for) benefit from income taxes (84) 44 Net loss $(6,002) $(440) Net loss per share: Basic $(0.18) $(0.01) Diluted $(0.18) $(0.01) Shares used in the computation: Basic 32,858 31,943 Diluted 32,858 31,943 Stock-based compensation expense included in: Cost of software, hosting and support $58 $38 Cost of professional services 125 97 Sales and marketing 658 366 Product development 226 159 General and administrative 235 123 Total stock-based compensation $1,302 $783 RightNow Technologies, Inc. Consolidated Statements of Cash Flows (In thousands) (Unaudited) Three Months Ended March 31, 2007 2006 Operating activities: Net loss $(6,002) $(440) Non-cash adjustments: Depreciation and amortization 1,675 1,105 Recoveries for uncollectible accounts receivable (69) (248) Stock-based compensation 1,302 783 Changes in operating accounts: Receivables 15,427 (9,798) Prepaid and other current assets (1,471) (167) Accounts payable (1,133) 688 Commissions and bonuses payable (1,171) 787 Other accrued liabilities 2,881 503 Deferred revenue (6,056) 12,976 Other (23) (137) Cash provided by operating activities 5,360 6,052 Investing activities: Net change in short-term investments 1,549 (3,749) Acquisition of property and equipment (1,987) (1,140) Other (29) (10) Cash used in investing activities (467) (4,899) Financing activities: Proceeds from issuance of common stock under employee benefit plans 643 432 Excess tax benefits of stock options exercised 49 -- Payments on long-term debt (7) (7) Cash provided by financing activities 685 425 Effect of foreign exchange rates on cash and cash equivalents 113 (8) Increase in cash and cash equivalents 5,691 1,570 Cash and cash equivalents at beginning of period 39,208 40,874 Cash and cash equivalents at end of period $44,899 $42,444 RightNow Technologies, Inc. Reconciliation of Non-GAAP Measurements (Amounts in thousands, except per share amounts) (Unaudited) Diluted Earnings Per Share Reconciliation Three Months Ended March 31, 2007 2006 Net loss as reported $(6,002) $(440) Add stock-based compensation ("SBC") 1,302 783 Net income (loss) before SBC (4,700) 343 Net loss per share, as reported $(0.18) $(0.01) Net income (loss) per share, before SBC (0.14) 0.01 Shares used in the calculation, as reported 32,858 31,943 Shares used in the calculation, before SBC 32,858 33,954 Forward-Looking Guidance Reconciliation GAAP Guidance Non-GAAP Guidance Quarter ending June 30, 2007 From To Adjustment From To Net loss $(6,000) $(6,500) $2,250[a] $(3,750) $(4,250) EPS $(0.18) $(0.20) $(0.11) $(0.13) Shares 33,000 33,000 33,000 33,000 Year ending December 31, 2007 Net loss $(17,000) $(19,500) $6,600[a] $(10,400) $(12,900) EPS $(0.51) $(0.59) $(0.31) $(0.39) Shares 33,200 33,200 33,200 33,200 [a] Estimated stock-based compensation expense to be recorded for the periods indicated in accordance with Statement of Financial Accounting Standards No. 123R, Share-Based Payments, ("SFAS 123R") which is effective for periods beginning January 1, 2006. Periods prior to 2006 do not include stock-based compensation expense. About Non-GAAP Financial Measures

Non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. These non-GAAP financial measures do not reflect a comprehensive system of accounting, differ from GAAP measures with the same captions and may differ from non-GAAP financial measures with the same or similar captions that are used by other companies.

RightNow's management believes that these non-GAAP financial measures provide meaningful supplemental information regarding RightNow's operating results because they facilitate the comparison of results for future periods with results from past periods. RightNow adopted SFAS 123R on January 1, 2006 using the modified prospective method. Results of prior periods have not been restated to conform with the 2006 and subsequent years' presentation. We believe the calculation of diluted net income per share, calculated without stock-based compensation expense, provides a meaningful comparison to our diluted net income per share figures reported for 2005 and prior years.

RightNow Technologies

CONTACT: Investor Relations, Todd Friedman, todd@blueshirtgroup.com, or
Stacie Bosinoff, stacie@blueshirtgroup.com, both of The Blueshirt Group,
+1-415-217-7722, for RightNow Technologies; or Corporate Communications,
Kathleen O'Boyle of RightNow Technologies, Desk, +1-406-556-3428, or Cell,
+1-415-407-8308, Kathleen.oboyle@rightnow.com

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

Robert Half International Inc. Reports Revenues and Earnings for the First Quarter of 2007

MENLO PARK, Calif., April 19 /PRNewswire-FirstCall/ -- Robert Half International Inc. today reported revenues and earnings for the first quarter ended March 31, 2007.

For the quarter ended March 31, 2007, net income was $70.7 million or $.42 per share, on revenues of $1.1 billion. Net income for the prior year's first quarter was $65.5 million or $.38 per share, on revenues of $943.9 million.

Harold M. Messmer, Jr., chairman and chief executive officer of Robert Half International Inc., said: "Revenues and income per share increased 16 percent and 11 percent, respectively, from the first quarter of 2006. In our staffing divisions, we saw a continuation of the broad-based revenue growth that we have seen for several quarters.

"The financial divisions continued to perform well, particularly our permanent placement business, Robert Half Finance & Accounting," he said. "International staffing operations also had a strong quarter."

Messmer added, "Protiviti, our internal audit and risk consulting subsidiary, expanded its client base and service offerings during the quarter. Revenues for Protiviti grew 7 percent on a year-over-year basis, led by its international operations." Protiviti, which celebrates its fifth anniversary in May, is in more than 50 major cities in North America, Europe, Latin America and the Asia/Pacific region.

Robert Half International management will conduct a conference call today at 5 p.m. EDT following the release. The dial-in number is 1-800-862-9098 (+1-785-424-1051 outside the United States) and the passcode is "Robert Half International." A taped recording of this call will be available for replay beginning at approximately 8 p.m. EDT today and ending at 8 p.m. EDT on April 26. The dial-in number for the replay is 1-800-283-8520 (+1-402-220-0870 outside the United States). The conference call also will be archived in audio format on the company's website at http://www.rhi.com/.

Founded in 1948, Robert Half International Inc. is the world's first and largest specialized staffing firm. RHI is a recognized leader in professional consulting and staffing services and is the parent company of Protiviti(R) (http://www.protiviti.com/), a leading independent internal audit and risk consulting firm. The company's specialized staffing divisions include Accountemps(R), Robert Half(R) Finance & Accounting and Robert Half(R) Management Resources, for temporary, full-time and project professionals, respectively, in the fields of accounting and finance; OfficeTeam(R), for highly skilled temporary administrative support personnel; Robert Half(R) Technology, for information technology professionals; Robert Half(R) Legal, for legal personnel; and The Creative Group(R), for advertising, marketing and web design professionals.

The company has staffing and consulting operations in more than 400 locations worldwide.

Certain information contained in this press release may be deemed forward- looking statements regarding events and financial trends that may affect the company's future operating results or financial positions. These statements may be identified by words such as "estimate", "forecast", "project", "plan", "intend", "believe", "expect", "anticipate", or variations or negatives thereof, or by similar or comparable words or phrases. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the statements.

These risks and uncertainties include, but are not limited to, the following: changes in levels of unemployment and other economic conditions in the United States or foreign countries where the company does business, or in particular regions or industries; reduction in the supply of candidates for temporary employment or the company's ability to attract candidates; the entry of new competitors into the marketplace or expansion by existing competitors; the ability of the company to maintain existing client relationships and attract new clients in the context of changing economic or competitive conditions; the impact of competitive pressures, including any change in the demand for the company's services, on the company's ability to maintain its margins; the possibility of the company incurring liability for its activities, including the activities of its temporary employees, or for events impacting its temporary employees on clients' premises; the possibility that adverse publicity could impact the company's ability to attract and retain clients and candidates; the success of the company in attracting, training, and retaining qualified management personnel and other staff employees; whether governments will impose additional regulations or licensing requirements on personnel services businesses in particular or on employer/employee relationships in general; whether there will be ongoing demand for Sarbanes-Oxley or other regulatory compliance services; and litigation relating to prior or current transactions or activities, including litigation that may be disclosed from time to time in the company's SEC filings.

Additionally, with respect to Protiviti, other risks and uncertainties include the fact that future success will depend on its ability to retain employees and attract clients; there can be no assurance that there will be ongoing demand for Sarbanes-Oxley or other regulatory compliance services; failure to produce projected revenues could adversely affect financial results; and there is the possibility of involvement in litigation relating to prior or current transactions or activities.

Because long-term contracts are not a significant part of the company's business, future results cannot be reliably predicted by considering past trends or extrapolating past results. The company undertakes no obligation to update information contained in this release.

A copy of this release is available at http://www.rhi.com/. ROBERT HALF INTERNATIONAL INC. AND SUBSIDIARIES SUMMARY OF OPERATIONS (in thousands, except per share amounts) Quarter Ended March 31, 2007 2006 (Unaudited) Net service revenues $1,097,425 $943,924 Direct costs of services 636,696 550,720 Gross margin 460,729 393,204 Selling, general and administrative expenses 348,379 287,482 Amortization of intangible assets 274 146 Interest income (4,017) (3,497) Income before income taxes 116,093 109,073 Provision for income taxes 45,386 43,570 Net income $70,707 $65,503 Diluted net income per share $.42 $.38 Shares: Basic 163,841 167,390 Diluted 168,883 173,974 ROBERT HALF INTERNATIONAL INC. AND SUBSIDIARIES SUPPLEMENTAL FINANCIAL INFORMATION (in thousands) Quarter Ended March 31, 2007 2006 (Unaudited) REVENUES: Accountemps $416,293 $355,577 OfficeTeam 207,618 186,196 Robert Half Technology 98,852 84,630 Robert Half Management Resources 145,594 120,366 Robert Half Finance & Accounting 98,686 75,484 Protiviti 130,382 121,671 Total $1,097,425 $943,924 GROSS MARGIN: Temporary and consultant staffing $320,477 $274,574 Permanent placement staffing 98,686 75,484 Risk consulting and internal audit services 41,566 43,146 Total $460,729 $393,204 OPERATING INCOME: Temporary and consultant staffing $87,797 $76,833 Permanent placement staffing 20,112 16,900 Risk consulting and internal audit services 4,441 11,989 Total $112,350 $105,722 SELECTED CASH FLOW INFORMATION: Amortization of intangible assets $274 $146 Depreciation expense $15,919 $14,961 Capital expenditures $24,099 $24,312 Open market repurchases of common stock (shares) 2,032 1,225 ROBERT HALF INTERNATIONAL INC. AND SUBSIDIARIES SUPPLEMENTAL FINANCIAL INFORMATION (in thousands) March 31, 2007 2006 (Unaudited) SELECTED BALANCE SHEET INFORMATION: Cash and cash equivalents $449,902 $472,652 Accounts receivable, less allowances $561,112 $480,333 Total assets $1,489,365 $1,375,877 Current liabilities $430,024 $363,041 Notes payable and other indebtedness, less current portion $3,825 $4,168 Total stockholders' equity $1,044,603 $999,888

Robert Half International Inc.

CONTACT: M. Keith Waddell, Vice Chairman, President and Chief Financial
Officer, +1-650-234-6000

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

Informatica Reports Record First Quarter ResultsAchieves Revenue Growth of 19 Percent

REDWOOD CITY, Calif., April 19 /PRNewswire-FirstCall/ -- Informatica Corporation , a leading provider of data integration software, today announced financial results for the first quarter ended March 31, 2007.

Revenues for the first quarter of 2007 were $87.1 million, up 19 percent from the $73.1 million recorded in the first quarter of 2006. License revenues for the first quarter were $37.6 million, up 15 percent from the $32.8 million recorded in the first quarter of 2006. Net income for the first quarter, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $9.1 million or $0.10 per diluted share, up more than 65 percent from net income of $5.3 million or $0.06 per diluted share in the first quarter of 2006. For the three months ending March 31, 2007, earnings per diluted share is calculated on an "if converted" basis, including the add- back of $1.1 million of interest and convertible notes issuance cost amortization, net of income taxes.

Non-GAAP net income for the first quarter of 2007 was $14.4 million or $0.15 per diluted share, up more than 25 percent from $11.3 million or $0.12 per diluted share in the first quarter of 2006. Non-GAAP net income excludes charges related to purchased in-process research and development, equity-based compensation, facilities restructurings and the amortization of acquired technology and intangible assets. A reconciliation of GAAP operating results and non-GAAP results is included below.

"Our customers' top-ranked business imperatives are driving greater demand for our technology across more types of data integration and data quality projects," said Sohaib Abbasi, chairman and CEO of Informatica. "The growing adoption of our latest product releases is fueling license growth, and our expanding partnerships are further strengthening our competitive position. Overall, the first quarter was a strong beginning to 2007."

Significant milestones achieved since January 2007 include: -- Signed repeat business with 176 customers. Customers continue to derive considerable value from their investments in Informatica solutions. Repeat customers included Bank of America, Blue Cross Blue Shield of Massachusetts, Electronic Arts, Grupo Elektra S.A. de C.V, Level 3 Communications, New York Police Department, Toyota Motor Credit Corp, and TXU Business Services. -- Added 41 new customers. Informatica increased its customer base this quarter to 2,790 companies. New customers include Centene Corporation, Cephalon, Collect America, eHarmony.com, Rajeev Gandhi Memorial College of Engineering, Taiwan Futures Exchange, Vente- privee.com, and Xiamen Local Taxation Bureau. -- Won a $25 million judgment. Informatica received a favorable verdict in its patent infringement lawsuit against Business Objects. The jury found that the two Informatica patents are valid and that Business Objects willfully infringed on both patents. The finding of willfulness allows the judge to increase the damages by up to three times, and to award attorneys' fees. Informatica has now requested an injunction against further sales of the infringing features of the software in question. Although an appeal by Business Objects is expected, Informatica will continue to vigorously defend its intellectual property rights. -- Announced the expansion of Informatica Velocity(SM) to address data quality, legacy data migration and data governance as integral aspects of enterprise data integration, underscoring the corporate commitment to providing customers with access to best practices- based implementation frameworks. -- Introduced Informatica On Demand Data Replicator, its first and the industry's only multi-tenant, on-demand service for cross-enterprise data integration, which can be quickly configured and used by business users using only a browser. Stock Repurchase Program

Informatica also today announced that its Board of Directors has authorized the renewal of its stock repurchase program for purchases of common stock up to $50 million dollars. The company expects to repurchase shares to partially offset the otherwise dilutive impact of stock option exercise activity. Purchases may be made, from time to time, in the open market and will be funded from available working capital. The number of shares to be purchased and the timing of purchases will be based on several factors, including the price of Informatica's stock, general business and market conditions, and other investment opportunities.

Conference Call and Webcast

Informatica will discuss its first quarter 2007 results on a conference call today beginning at 2:00 p.m. PDT. A live Webcast of the conference call will be available at http://www.informatica.com/investor. A replay of the call will also be available by dialing 617-801-6888, reservation number 71794568.

About Informatica

Informatica Corporation is a leading provider of enterprise data integration software and services. Using Informatica products, companies gain greater business value by integrating all their information assets. More than 2,790 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of any complexity and scale. For more information, call 650-385-5000 (1-800-653-3871 in the U.S.), or visit http://www.informatica.com/.

INFORMATICA CORPORATION GAAP TO NON-GAAP RESULTS (in thousands, except per share data and percentages) (unaudited) Three Months Ended March 31, 2007 2006 GAAP Net income $9,094 $5,268 Plus: Amortization of acquired technology 722 452 Amortization of intangible assets 356 130 Facilities restructuring charges 1,049 1,149 Purchased in-process research and development - 1,340 Share-based payment 4,041 3,000 Tax benefit of share-based payment (867) - Non-GAAP Net income $14,395 $11,339 Three Months Ended March 31, 2007 2006 Diluted net income per share: Diluted GAAP Net income per share $0.10 $0.06 Plus: Amortization of acquired technology 0.01 0.01 Amortization of intangible assets - - Facilities restructuring charges 0.01 0.01 Purchased in-process research and development - 0.01 Share-based payment 0.04 0.03 Tax benefit of share-based payment (0.01) - Diluted Non-GAAP Net income per share $0.15 $0.12 Shares used in computing diluted GAAP Net income per share 102,638 97,147 Shares used in computing diluted Non-GAAP Net income per share 104,129 98,102 *Diluted EPS is calculated under the "if converted" method for the three months ended March 31, 2007.This includes the add-back of $1.1 million of interest and convertible notes issuance cost amortization, net of income taxes. Non-GAAP Financial Information

To supplement the company's condensed consolidated financial statements presented on a GAAP basis, Informatica uses non-GAAP financial measures of net income and net income per share. These measures are adjusted to exclude the charges and expenses discussed above. The company believes the disclosure of such non-GAAP financial measures is appropriate to enhance an overall understanding of its historical financial performance. These adjustments to the company's GAAP results are made with the intent of providing both management and investors a more complete understanding of the company's underlying operational results, trends, and marketplace performance. Informatica believes that the inclusion of these non-GAAP financial measures provides consistency and comparability with its historical financial results, as well as comparability to similar companies in the company's industry, many of which present similar non-GAAP financial measures to investors. In addition, these non-GAAP financial measures are among the primary indicators management uses as a basis for its planning and forecasting of future periods. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or net income per share prepared in accordance with GAAP in the U.S.

Safe Harbor

This press release contains forward-looking statements relating to Informatica's opportunity for growth in the data integration market, efforts being conducted with strategic partners and the company's intention to repurchase shares of its common stock under the stock repurchase program. Such statements involve risks and uncertainties, and actual results may differ materially from the results described in this press release. The potential risks and uncertainties that could cause actual results to differ include, among others, risks related to (1) competition with larger companies that have longer operating histories and greater financial, technical, marketing, and other resources; (2) uncertainty in the state of IT spending and the continued growth in the market for data integration solutions in general; (3) factors related to the stock repurchase program including the market price of the company's stock, general business and market conditions, and management's determination of alternative needs and uses of the company's cash resources and (4) lack of control regarding our strategic partners' devotion of adequate resources to promote, sell, implement, and support our products, as well as those risks and uncertainties included under the caption "Risk Factors" in Informatica's report on Form 10-K for the year ended December 31, 2006, which is on file with the SEC and is available on the company's investor relations website at http://www.informatica.com/. All information provided in this release is as of April 19, 2007 and Informatica undertakes no duty to update this information.

NOTE: Informatica, Informatica On Demand Data Replicator, and Informatica Velocity are registered trademarks of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.

INFORMATICA CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) (unaudited) Three Months Ended March 31, 2007 2006 Revenues: License $37,562 $32,804 Service 49,552 40,253 Total revenues 87,114 73,057 Cost of revenues: License 805 1,527 Service 16,314 13,181 Amortization of acquired technology 722 452 Total cost of revenues 17,841 15,160 Gross profit 69,273 57,897 Operating expenses: Research and development 18,024 13,058 Sales and marketing 35,111 31,523 General and administrative 7,725 6,643 Amortization of intangible assets 356 130 Facilities restructuring charges 1,049 1,149 Purchased in-process research and development - 1,340 Total operating expenses 62,265 53,843 Income from operations 7,008 4,054 Interest income and other, net 3,159 2,368 Income before provision for income taxes 10,167 6,422 Provision for income taxes 1,073 1,154 Net income $9,094 $5,268 Basic net income per common share $0.11 $0.06 Diluted net income per common share $0.10 $0.06 Shares used in computing basic net income per common share 86,448 87,566 Shares used in computing diluted net income per common share 102,638 97,147 (1)Diluted EPS is calculated under the "if converted" method for the three months ended March 31, 2007. This includes an add-back of $1.1 million in interest and convertible notes issuance cost amortization, net of income taxes. INFORMATICA CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) March 31, December 31, 2007 2006 (Unaudited) Assets Current assets: Cash and cash equivalents $121,718 $120,491 Short-term investments 311,076 280,149 Accounts receivable, net of allowances of $1,399 and $1,666 45,273 65,407 Prepaid expenses and other current assets 12,841 10,424 Total current assets 490,908 476,471 Restricted cash 12,016 12,016 Property and equipment, net 13,852 14,368 Goodwill and intangible assets, net 185,929 187,317 Other assets 6,517 6,593 Total assets $709,222 $696,765 Liabilities and stockholders' equity Current liabilities: Accounts payable and other current liabilities $48,789 $62,400 Accrued facilities restructuring charges 18,675 18,758 Deferred revenues 88,479 85,364 Total current liabilities 155,943 166,522 Convertible senior notes 230,000 230,000 Accrued facilities restructuring charges, less current portion 62,596 65,052 Deferred revenues, less current portion 6,918 7,035 Deferred tax liability, non-current 993 993 Income taxes payable, non-current 5,022 - Stockholders' equity 247,750 227,163 Total liabilities and stockholders' equity $709,222 $696,765 INFORMATICA CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) (unaudited) For the Three Months Ended March 31, 2007 2006 Operating activities: Net income $9,094 $5,268 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 2,714 2,465 Share-based payment compensation 4,041 3,000 Amortization of intangible assets and acquired technology 1,078 790 Allowance for doubtful accounts and sales returns allowances 36 - Purchased in-process research and development - 1,340 Non-cash facilities restructuring charges 1,049 1,149 Changes in operating assets and liabilities: Accounts receivable 20,408 16,321 Prepaid expenses and other assets (2,419) (1,413) Accounts payable and other current liabilities (13,612) (11,936) Income taxes payable, non-current 5,022 - Accrued facilities restructuring charges (3,547) (3,821) Deferred revenues 2,999 (439) Net cash provided by operating activities 26,863 12,724 Investing activities: Purchases of property and equipment (2,095) (1,032) Purchases of investments (123,473) (89,290) Maturities and sales of investments 92,640 62,953 Business acquisitions, net of cash acquired - (46,720) Net cash used in investing activities (32,928) (74,089) Financing activities: Proceeds from issuance of common stock 8,525 12,284 Repurchases and retirement of common stock (1,389) (49,956) Issuance of convertible senior notes - 230,000 Payment of issuance costs on convertible senior notes - (6,152) Net cash provided by financing activities 7,136 186,176 Effect of foreign exchange rate changes on cash and cash equivalents 156 221 Net increase in cash and cash equivalents 1,227 125,032 Cash and cash equivalents at beginning of period 120,491 76,545 Cash and cash equivalents at end of period $121,718 $201,577

Informatica Corporation

CONTACT: Stephanie Wakefield, Director, Investor Relations,
+1-650-385-5261, or swakefield@informatica.com, or Stacey Torman, Public
Relations, +1-650-385-5389, or storman@informatica.com

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

CyberSource Announces First Quarter 2007 Financial Results

MOUNTAIN VIEW, Calif., April 19 /PRNewswire-FirstCall/ -- CyberSource Corporation , a leading provider of electronic payment and risk management solutions, today announced financial results for its first quarter ended March 31, 2007.

(Photo: http://www.newscom.com/cgi-bin/prnh/19990513/CYBRSOURCELOGO ) -- Revenue in the first quarter was $22.1 million, a 42% increase over the same period last year. -- Net income for the first quarter of 2007 was $0.7 million on a GAAP basis compared to $0.9 million for the first quarter of the prior year. Non-GAAP net income, which excludes stock-based compensation expense, the reduction in the tax allowance, the non-cash portion of the tax provision, depreciation and amortization expense, and certain non- recurring charges and income was $3.0 million compared to $2.5 million for the first quarter of the prior year. A reconciliation of the historical GAAP to non-GAAP measures is attached with the financial statements. -- GAAP earnings per share for the first quarter of 2007 was $0.02 compared to $0.02 in the same period last year. Non-GAAP earnings per share for the first quarter was $0.08 compared to $0.07 in the same period last year. -- Transaction volumes increased to a record 264.2 million during the quarter, a 35% increase over the 196.4 million transactions processed in the same period last year. -- CyberSource added approximately 2,000 new customers in the first quarter of 2007. First quarter 2007 financial results Revenue -- CyberSource's first quarter revenue was $22.1 million, surpassing prior guidance of $20.6 million and a 42% increase compared to $15.6 million in the same period last year. Gross profit -- GAAP gross profit was $10.2 million, above prior guidance of $9.3 million. Operating expenses -- GAAP operating expenses were $9.8 million, below the company's prior guidance of $10.4 million. Net income -- GAAP net income was $0.7 million, above prior guidance of a net loss of $0.3 million. -- Non-GAAP net income was $3.0 million, above prior guidance of $1.4 million. Earnings per share -- GAAP earnings per share was $0.02, above prior guidance of a loss of $0.01 per share. -- Non-GAAP earnings per share was $0.08, above prior guidance of $0.04. Balance sheet -- Cash, cash equivalents, and short-term investments at the end of the first quarter of 2007 were $57.7 million, compared to $54.9 million at the end of the fourth quarter last year. The total includes $1.0 million in proceeds from employee stock option exercises and from the purchase of common stock under the company's employee stock purchase plan. CyberSource did not repurchase shares of the company's common stock during the quarter. Cash flow -- Cash flow from operating activities was $2.3 million during the first quarter of 2007, compared to $2.0 million during the same period last year. Other developments during the quarter -- CyberSource signed approximately 2,000 new customers in the first quarter. -- New customers signed during the quarter include clothier JoS. A. Bank, multiplayer online game provider K2 Network, Louis Vuitton, Midwestern superstore chain Meijer, sports apparel provider Under Armour, a premium jewelry retailer, and a major international airline. -- CyberSource Ltd. (UK) completed an agreement with Lloyds TSB Bank Plc, which named CyberSource its preferred payment service provider for corporate customers. -- Net new customers added this quarter increased the company's total customer count to approximately 20,000. -- Existing customers that added new services or renewed agreements during the quarter included Iron Mountain Information Management, Overstock, Pitney Bowes, Sirius Satellite Radio, and Virgin Digital. -- Approximately 175 customers selected CyberSource for merchant acquiring account services during the quarter. CyberSource now has approximately 1,500 acquiring customers. -- CyberSource UK customers processed a record 44.5 million transactions in the first quarter of 2007 which represents approximately 17% of total transaction volume. -- The company added payment gateways to Central and South America and is in the process of expanding gateway and payment option support in Asia. -- CyberSource has seen continued strong demand for its risk management services. In the first quarter, CyberSource signed deals with a major media company and a wireless carrier to have CyberSource manage their order acceptance processes, including establishing fraud risk models and managing order acceptance rules. Guidance for the second quarter and full year 2007:

CyberSource is providing guidance for the second quarter of 2007 based on information available as of April 19, 2007.

-- For the second quarter ending June 30, 2007: Total revenue is expected to be $22.6 million. Transaction and support revenue is expected to be $21.1 million, of which $0.2 million is expected from BidPay. Enterprise software revenue is expected to be $0.6 million and professional services revenue is expected to be $0.9 million. The company expects to process between 262 million and 267 million transactions in the second quarter. GAAP gross profit is expected to be $10.3 million, while GAAP operating expenses are expected to be $10.8 million. The company expects to record GAAP net income for the second quarter of $0.1 million, or break even earnings per share, based on a weighted average share count of 37.5 million shares. Non-GAAP net income for the second quarter is expected to be $2.1 million and non- GAAP earnings per share is expected to be $0.06 based on a weighted average share count of 37.5 million shares. -- For the full year 2007: CyberSource reiterates earlier guidance. Total revenue is expected to be between $90 million and $95 million, GAAP gross profit is expected to be between $44.0 million and $45.5 million, and GAAP operating expenses are expected to be between $41 million and $42.5 million. GAAP net income for 2007 is expected to be between $3.5 million and $4.0 million, or $0.09 to $0.11 per share. GAAP earnings per share is based on a weighted average share count of 38 million shares. Guidance does not take into account any tax benefit resulting from reductions in the company's valuation allowance against its deferred tax asset. CyberSource will continue to evaluate whether a further reduction is appropriate. Non-GAAP net income for the full year 2007 is expected to be between $13.5 million and $14.5 million or $0.36 to $0.38 per share. Non-GAAP earnings per share is based on a weighted average share count of 38 million shares. Public call/web cast details

CyberSource will host a public conference call today, April 19, 2007 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss the first quarter results. The call can be accessed in either of the following ways:

Live conference call Dial 888-542-8515 (U.S. and Canada) 706-634-2163 (International). The call's ID number is: 4543087.A taped replay of this call will be available through April 30, 2007. The dial-in numbers for the taped replay are 800-642-1687 (U.S.) 706-645-9291 (local or international). The call's ID number is 4543087. Live web cast http://www.cybersource.com/cgi-bin/ir.pl A replay of this web cast will remain available at this location through April 30, 2007. About CyberSource

CyberSource Corporation is a leading provider of electronic payment and risk management solutions. CyberSource solutions enable electronic payment processing for Web, call center, and POS environments. CyberSource also offers industry leading risk management solutions for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimizes commerce transaction processing systems. Approximately 20,000 businesses use CyberSource solutions, including half the companies comprising the Dow Jones Industrial Average. The company is headquartered in Mountain View, California, and has sales and service offices in Japan, the United Kingdom, and other locations in the United States. For more information, please visit CyberSource's web site at http://www.cybersource.com/ or email info@cybersource.com.

GAAP versus non-GAAP Results and Guidance

In addition to financial results presented on a GAAP basis, the company has provided non-GAAP measures of gross profit, operating expenses, net income and earnings per share, which are adjusted to exclude certain non-cash items. For purposes of this release, non-GAAP gross profit, operating expenses, net income and earnings per share exclude stock based compensation expense under SFAS 123R, the non-cash portion of the income tax provision, a reduction in the tax allowance, depreciation and amortization expense, and certain non-recurring charges and income. A reconciliation of the historical GAAP to non-GAAP measures is attached with the financial statements. The company believes that presentation of non-GAAP financial measures may provide investors with additional meaningful and relevant financial information. Management believes the non-GAAP measures help indicate trends in the company's business, and management uses the non-GAAP measures to plan and forecast future periods. Non-GAAP information is not determined using GAAP and should not be considered superior to or as a substitute for GAAP measures or data prepared in accordance with GAAP. Furthermore, non-GAAP information may not be comparable across companies, as other companies may use different non-GAAP measures. The company does not provide guidance for certain financial measures such as depreciation and stock-based compensation expense and as a result, is not able to provide a reconciliation of GAAP and Non-GAAP financial measures for forward-looking data. The company intends to calculate the various Non-GAAP financial measures in future periods consistent with the methodology used in the three months ended March 31, 2007, as presented in this release.

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

Statements in this release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements regarding the company's expectations, objectives, anticipations, plans, hopes, beliefs, intentions or strategies regarding the future. Forward-looking statements in this release include, without limitation, statements regarding: (1) expanding gateway and payment options support in Asia, (2) growing demand for the Managed Risk services, and (3) financial guidance including, without limitation, those regarding revenue, transaction volume, gross profit, operating expenses, net income, earnings per share, and deferred tax assets. Factors that could cause actual results to differ materially from the forward looking statements include risks and uncertainties such as changes in Generally Accepted Accounting Principles and the application thereof, changes in customer needs, new products and services offerings by the company and its competitors, any unforeseen event or any unforeseen system failures, and other risks indicated in our filings with the Securities and Exchange Commission. It is important to note that actual outcomes could differ materially from those in such forward-looking statements. Readers should also refer to the documents filed by CyberSource with the Securities and Exchange Commission, specifically the annual report filed on Form 10-K for the year ended December 31, 2006, filed with the Securities and Exchange Commission on March 13, 2007, and our quarterly reports filed on Form 10-Q from time to time, all of which identify important risk factors.

NOTE: CyberSource is a registered trademark in the U.S. and other countries. BidPay is a registered trademark in the U.S. All other brands and product names are trademarks or registered trademarks of their respective companies.

CyberSource Corporation GAAP Condensed Consolidated Statements of Operations (In thousands, except per share data) (Unaudited) Three Months Ended March 31, 2007 2006 Revenues: Transaction and support $20,732 $13,595 Enterprise software 667 783 Professional services 726 1,206 Total revenues 22,125 15,584 Cost of revenues: Transaction and support 11,458 6,438 Enterprise software 65 58 Professional services 393 649 Total cost of revenues 11,916 7,145 Gross profit 10,209 8,439 Operating expenses: Product development 2,591 2,114 Sales and marketing 4,369 3,405 General and administrative 2,792 1,937 Total operating expenses 9,752 7,456 Income from operations 457 983 Other income 53 -- Interest income 673 482 Income before income taxes 1,183 1,465 Income tax provision 447 590 Net income $736 $875 Basic net income per share $0.02 $0.03 Diluted net income per share $0.02 $0.02 Weighted average number of shares used in computing basic net income per share 35,011 34,223 Weighted average number of shares used in computing diluted net income per share 37,242 36,880 Non-GAAP Financial Metrics: Gross profit $10,738 $8,731 Operating expenses $8,422 $6,730 Net income $3,021 $2,450 Basic net income per share $0.09 $0.07 Diluted net income per share $0.08 $0.07 CyberSource Corporation Reconciliation of GAAP to Non-GAAP Financial Measures (In thousands, except per share data) (Unaudited) Three Months Ended March 31, 2007 2006 GAAP gross profit $10,209 $8,439 Add FAS123R expense 182 110 Add depreciation expense 325 180 Add amortization of intangible assets 22 2 Non-GAAP gross profit $10,738 $8,731 GAAP operating expenses $9,752 $7,456 Less FAS123R expense (1,209) (629) Less depreciation expense (109) (92) Less amortization of intangible assets (12) (5) Non-GAAP operating expenses $8,422 $6,730 GAAP net income $736 $875 Add FAS123R expense 1,391 739 Add non-cash tax provision 426 557 Add depreciation expense 434 272 Add amortization of intangible assets 34 7 Non-GAAP net income $3,021 $2,450 GAAP basic net income per share $0.02 $0.03 Add FAS123R expense 0.04 0.02 Add non-cash tax provision 0.01 0.01 Add depreciation expense 0.02 0.01 Add amortization of intangible assets -- -- Non-GAAP basic net income per share $0.09 $0.07 GAAP diluted net income per share $0.02 $0.02 Add FAS123R expense 0.04 0.02 Add non-cash tax provision 0.01 0.02 Add depreciation expense 0.01 0.01 Add amortization of intangible assets -- -- Non-GAAP diluted net income per share $0.08 $0.07 CyberSource Corporation Condensed Consolidated Balance Sheets (In thousands) (Unaudited) March 31, December 31, 2007 2006 Assets Current assets: Cash and cash equivalents $25,753 $21,701 Short-term investments 31,975 33,243 Accounts receivable, net 10,272 9,614 Prepaid expenses and other current assets 2,120 1,823 Deferred income taxes 1,894 2,320 Total current assets 72,014 68,701 Property and equipment, net 3,659 3,618 Intangible assets, net 2,811 2,845 Non-current deferred income taxes 9,629 9,629 Other noncurrent assets 2,249 2,250 Total assets $90,362 $87,043 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $443 $409 Other accrued liabilities 6,169 6,056 Deferred revenue 2,021 1,950 Total current liabilities 8,633 8,415 Total stockholders' equity 81,729 78,628 Total liabilities and stockholders' equity $90,362 $87,043 CyberSource Corporation Consolidated Statements of Cash Flows (In thousands, except per share data) (Unaudited) Three Months Ended March 31, 2007 2006 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $736 $875 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 468 279 Income from investment in joint venture (46) -- Stock-based compensation 1,391 739 Changes in operating assets and liabilities: Accounts receivable (658) (286) Prepaid expenses and other current assets (297) 878 Deferred income taxes 426 557 Other noncurrent assets 47 (280) Accounts payable 34 (51) Accrued liabilities 113 (787) Deferred revenue 71 111 Net cash provided by operating activities 2,285 2,035 CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of property and equipment (475) (309) Acquisition of BidPay.com -- (1,990) Purchases of short-term investments (14,783) (9,440) Maturities of short-term investments 16,066 9,092 Net cash provided by (used in) investing activities 808 (2,647) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from issuance of common stock 970 2,029 Net cash provided by financing activities 970 2,029 Effect of exchange rate changes on cash (11) 10 Increase in cash and cash equivalents 4,052 1,427 Cash and cash equivalents at beginning of period 21,701 14,383 Cash and cash equivalents at end of period $25,753 $15,810

Photo: http://www.newscom.com/cgi-bin/prnh/19990513/CYBRSOURCELOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com CyberSource Corporation

CONTACT: Bruce Frymire of CyberSource, +1-650-965-6042, or
bfrymire@cybersource.com

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

STRATTEC SECURITY CORPORATION Reports Fiscal Third Quarter Results

MILWAUKEE, April 19 /PRNewswire-FirstCall/ -- STRATTEC SECURITY CORPORATION today reported operating results for the fiscal third quarter ended April 1, 2007.

Net sales for the Company's three months ended April 1, 2007 were $45.6 million, compared to net sales of $46.6 million for the three months ended April 2, 2006. Net income for the period was $2.9 million, compared to $4.1 million in the prior year quarter. Diluted earnings per share for the period were $.82 compared to $1.10 in the prior year quarter.

During the prior year quarter, the Company sold approximately $3.4 million of pre-petition Chapter 11 accounts receivable due from Delphi Corporation to a third party for $1.78 million. As a result, this increased the prior year quarter operating results by $1.58 million ($994,000 after tax) and increased the prior year quarter diluted earnings per share by $.27. For further explanation see Note (A) in the "Results of Operations."

For the nine months ended April 1, 2007, net sales were $121.6 million compared to net sales of $134.6 million in the prior year period. Net income was $4.7 million compared to $8.5 million and diluted earnings per share were $1.33 compared to $2.27 in the prior year.

Sales to STRATTEC's largest customers overall decreased in the current quarter compared to the prior year quarter levels. Sales to DaimlerChrysler Corporation increased slightly during the current quarter to $15.9 million compared to $15.7 million due to additional product content. Sales to General Motors Corporation were $9.5 million compared to $8.5 million due to higher product content on certain GM vehicles. Sales to Delphi Corporation were $4.8 million compared to $6.7 million due primarily to reduced component content. Sales to Ford Motor Company were $5.7 million compared to $6.9 million due to lower Ford vehicle production volumes. Sales to Mitsubishi Motor Manufacturing of America were $525,000 compared to $1.3 million due to the previously announced phase-out of this customer relationship.

Gross profit margins were 18.3 percent in the current quarter compared to 19.6 percent in the prior year quarter. The lower gross profit margins in the current year quarter were primarily the result of higher purchased raw material costs for brass and zinc that reduced gross profit margins by $2.2 million or approximately 4.9% from the prior year quarter. Despite the decline in the current quarter's gross margin as compared to the prior year, this quarter's gross margin improved over those reported for the first six months of this fiscal year. The improvement reflects two positive developments. First, the higher raw material costs we have been experiencing were partially offset by raw material adjustments received from some of our customers. Second, we began to experience the results of our cost reduction activities implemented during the previously reported quarters.

Operating expenses were $5.0 million in the current quarter, compared to $5.5 million in the prior year quarter.

Provision for income taxes in the current quarter was our normal effective income tax rate of 37% while the prior year quarter included a favorable State income tax adjustment that positively impacted diluted earnings per share by $.04.

During the third quarter, the Company contributed $4.0 million to its Pension Trust.

STRATTEC designs, develops, manufacturers and markets mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches and related access control products for North American automotive customers, and for global automotive manufacturers through the VAST Alliance in which it participates with WITTE Automotive of Velbert, Germany and ADAC Plastics, Inc. of Grand Rapids, Michigan. The Company's history in the automotive business spans nearly 100 years.

Certain statements contained in this release contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words or phrases such as "anticipate," "believe," "could," "expect," "intend," "may," "planned," "potential," "should," "will," and "would." Such forward- looking statements in this release are inherently subject to many uncertainties in the Company's operations and business environment. These uncertainties include general economic conditions, in particular, relating to the automotive industry, consumer demand for the Company's and its customers' products, competitive and technological developments, customer purchasing actions, foreign currency fluctuations, and costs of operations. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances occurring after the date of this release. In addition, such uncertainties and other operational matters are discussed further in the Company's quarterly and annual filings with the Securities and Exchange Commission.

STRATTEC SECURITY CORPORATION Results of Operations (In Thousands except per share amounts) Third Quarter Ended Nine Months Ended April 1, April 2, April 1, April 2, 2007 2006 2007 2006 (Unaudited) (Unaudited) Net Sales $45,647 $46,575 $121,610 $134,646 Cost of Goods Sold 37,293 37,453 102,934 107,208 Gross Profit 8,354 9,122 18,676 27,438 Engineering, Selling & Administrative Expenses 4,974 5,467 14,882 16,246 Provision (Recovery) for Doubtful Accounts, net - (1,578)(A) - 1,622 Income from Operations 3,380 5,233 3,794 9,570 Interest Income 879 670 2,706 1,733 Interest Expense - - - - Other Income, Net 341 408 490 572 Minority Interest 25 - 25 - 4,625 6,311 7,015 11,875 Provision for Income Taxes 1,711 2,195 2,266 3,363 Net Income $2,914 $4,116 $4,749 $8,512 Earnings Per Share: Basic $0.82 $1.11 $1.33 $2.28 Diluted $0.82 $1.10 $1.33 $2.27 Average Basic Shares Outstanding 3,537 3,722 3,558 3,737 Average Diluted Shares Outstanding 3,541 3,725 3,561 3,742 Other Capital Expenditures $1,353 $883 $3,645 $4,723 Depreciation & Amortization $1,699 $1,757 $5,216 $5,389 NOTE A: Pre-petition Chapter 11 Accounts Receivable due from Delphi Corporation $3,399 Provision for Doubtful Accounts recorded during the first quarter ($3,200) Sale of pre-petition accounts receivable to third party ($1,777) Net recovery during third quarter ($1,578) STRATTEC SECURITY CORPORATION Condensed Balance Sheet Data (In Thousands) April 1, 2007 July 2, 2006 (Unaudited) ASSETS Current Assets: Cash and Cash Equivalents $62,619 $65,712 Receivables, net 25,354 25,357 Inventories 8,660 9,337 Other Current Assets 10,620 10,468 Total Current Assets 107,253 110,874 Investment in Joint Ventures 2,586 2,202 Prepaid Pension Obligations 13,469 7,602 Other Long Term Assets 187 197 Property, Plant and Equipment, Net 26,177 27,764 $149,672 $148,639 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities: Accounts Payable $17,255 $17,701 Other 11,286 11,825 Total Current Liabilities 28,541 29,526 Borrowings Under Line of Credit - - Deferred Income Taxes 4,266 4,266 Accrued Post Retirement Obligations 4,588 4,572 Minority Interest 250 - Shareholders' Equity 240,406 234,989 Accumulated Other Comprehensive Loss (2,712) (2,958) Less: Treasury Stock (125,667) (121,756) Total Shareholders' Equity 112,027 110,275 $149,672 $148,639 STRATTEC SECURITY CORPORATION Condensed Cash Flow Statement Data (In Thousands) Third Quarter Ended Nine Months Ended April 1, April 2, April 1, April 2, 2007 2006 2007 2006 (Unaudited) (Unaudited) Cash Flows from Operating Activities: Net Income $2,914 $4,116 $4,749 $8,512 Adjustment to Reconcile Net Income to Cash Used in Operating Activities: Minority Interest (25) - (25) - Depreciation and Amortization 1,699 1,757 5,216 5,389 Stock Based Compensation Expense 187 301 566 861 Tax Benefit from Options Exercised 13 - 13 61 Provision (Recovery) for Doubtful Accounts - (1,578) - 1,622 Change in Operating Assets/Liabilities (7,280) 5,242 (6,294) (4,470) Other, net (177) (71) (45) 6 Net Cash Provided (Used) by Operating Activities (2,669) 9,767 4,180 11,981 Cash Flows from Investing Activities: Investment in Joint Ventures - - (100) (50) Additions to Property, Plant and Equipment (1,353) (883) (3,645) (4,723) Proceeds from Sale of Property, Plant and Equipment - - 21 22 Net Cash Used in Investing Activities (1,353) (883) (3,724) (4,751) Cash Flow from Financing Activities: Purchase of Common Stock - (1,797) (3,922) (2,993) Investment by Minority Interest 274 - 274 - Reissue/Exercise of Stock Options 82 9 99 1,077 Net Cash Provided (Used) by Financing Activities 356 (1,788) (3,549) (1,916) Net Increase (Decrease) in Cash & Cash Equivalents (3,666) 7,096 (3,093) 5,314 Cash and Cash Equivalents: Beginning of Period 66,285 55,168 65,712 56,950 End of Period $62,619 $62,264 $62,619 $62,264

STRATTEC SECURITY CORPORATION

CONTACT: Pat Hansen, Senior Vice President and Chief Financial Officer
of STRATTEC SECURITY CORPORATION, +1-414-247-3435

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

Dot Hill Announces First Quarter 2007 Conference Call Information

CARLSBAD, Calif., April 19 /PRNewswire-FirstCall/ -- Dot Hill Systems Corp. today announced it is scheduled to release first quarter 2007 financial results after the close of the market on May 3, 2007.

Dot Hill's first quarter 2007 financial results conference call is scheduled to take place on May 3, 2007 at 4:30 p.m. ET. Please join us for a live audio webcast at http://www.dothill.com/ in the Investor Relations section. If you prefer to join via telephone, please dial 877-407-8035 (U.S.) or 201-689-8035 (International) at least five minutes prior to the start of the call. A replay of the webcast will be available on the Dot Hill web site following the conference call. For a telephone replay, dial 877-660-6853 (U.S.) or 201-612-7415 (International) and enter passcode 239477.

Delivering innovative technology and global support, Dot Hill empowers the OEM community to bring unique storage solutions to market, quickly, easily and cost-effectively. Offering high performance and industry-leading uptime, Dot Hill's RAID technology is the foundation for best-in-class storage solutions offering enterprise-class security, availability and data protection. The company's products are in use today by the world's leading service and equipment providers, common carriers, advanced technology and telecommunications companies as well as government agencies. Dot Hill solutions are certified to meet rigorous industry standards and military specifications, as well as RoHS and WEEE international environmental standards. Headquartered in Carlsbad, Calif., Dot Hill has offices and/or representatives in China, Germany, Japan, Netherlands, United Kingdom and the United States. For more information, visit us at http://www.dothill.com/.

Dot Hill Systems Corp.

CONTACT: Hanif Jamal, Chief Financial Officer, +1-760-931-5500,
investors@dothill.com, or Kirsten Garvin, Director of Investor Relations,
+1-760-476-3811, kirsten.garvin@dothill.com, both of Dot Hill Systems Corp.

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

ECD Ovonics Announces Organizational Restructuring Plan and Preliminary Third Quarter Revenue

ROCHESTER HILLS, Mich., April 19 /PRNewswire-FirstCall/ -- Energy Conversion Devices, Inc. (ECD Ovonics) announced today that it is implementing an organizational restructuring plan to consolidate and realign its business activities and reduce annual costs by approximately $23 million when fully implemented by the end of fiscal year 2008. The first phase of restructuring actions (from which approximately $17 million of the annualized savings will be realized) has begun, and a second phase will begin in the first quarter of fiscal year 2008. In connection with the implementation of this plan, the company will incur restructuring and other related charges in the fourth quarter of the current fiscal year of $3 - 6 million, with additional charges in fiscal year 2008.

"Consistent with our commitment to create value for shareholders, we are focused on taking the steps necessary to reach and maintain sustainable profitability and at the same time successfully grow our profitable solar business and realize the full potential in our Cobasys and Ovonyx joint ventures," said James R. Metzger, Interim President and Chief Operating Officer. "We are completing a transition from our historic research and development roots to become a competitive, commercial organization. Part of that transition requires us to bring our operating costs in line, which we will accomplish through this restructuring plan."

Mr. Metzger added, "In addition to the projected cost savings, one of the key drivers of this plan is establishing a dynamic new platform for the company's operational success consisting of two strong business segments supported by a right-sized overhead and administrative structure."

One of these segments -- the company's existing United Solar Ovonic segment, which is already profitable -- will be strengthened by the addition of the photovoltaic machine-building activities, which were previously part of the company's Production Technology and Machine Building Division (in the ECD business segment). This consolidation will align all of the key components for photovoltaic operations within a single, unified operating structure to lower capital and production costs and drive technology improvements.

The other segment -- the new Ovonic Materials business segment -- is being formed from the consolidation of the Ovonic Battery segment with the remainder of the ECD business segment (hydrogen storage, fuel cell, photonic devices and cognitive computer). The combined activities are being substantially reduced and balanced with external sources of revenues, such as royalties, development agreements (including government contracts) and product sales, to realign commercialization efforts at sustainable levels.

The specific restructuring actions include workforce reductions, facility closings, and asset disposals primarily in the Ovonic Battery and ECD segments and home office functions.

Preliminary Third Quarter Revenue

ECD Ovonics will be releasing its third quarter fiscal year 2007 operating results on May 8, 2007, when it files its Form 10-Q for the quarter ended March 31, 2007. At that time, the company expects to report consolidated revenues of approximately $27 million for the third quarter, including revenues of approximately $24 million for its wholly owned subsidiary United Solar Ovonic. These preliminary revenues are subject to change, and final operating results will be contained in the company's Form 10-Q. The third quarter operating results will not include any costs or benefits from the restructuring plan announced today.

Robert C. Stempel, ECD Ovonics' Chairman and CEO noted, "We are using this opportunity to pre-release our preliminary third quarter revenues as part of our commitment to effectively communicate with our investors. With that goal in mind, we will provide an overview of the photovoltaic market and our strategies in this market as part of our regular disclosure of complete operating results on May 8. These strategies -- which are bearing near-term results and creating the foundation for our success in the photovoltaic market -- support our confidence in our business as we look forward."

Conference Call and Webcast

ECD Ovonics will host a conference call today at 4:30 pm EDT to discuss the restructuring plan. The call can be accessed by dialing 877-858-2512 or 706-634-1291 prior to the start of the call. Callers will need to reference conference ID 5961038. The conference call will also be webcast live at http://www.ovonic.com/investor or by logging on to ECD Ovonics' website at http://www.ovonic.com/.

For those unable to join the live conference call, a replay will be available from 6:00 p.m. on April 19 through 5:00 p.m. on April 23. To access the replay, dial (800) 642-1687 or (706) 645-9291 and refer to conference ID 5961038. The webcast will be archived on the company's website.

About ECD Ovonics

ECD Ovonics is the leader in the synthesis of new materials and the development of advanced production technology and innovative alternative energy products and solutions. The company's portfolio of alternative energy solutions and proprietary information processing technologies features the latest advances in solar electric power generation, NiMH batteries, and fuel cell, solid hydride storage and phase-change memory technologies. ECD Ovonics designs and builds manufacturing machinery that incorporates its proprietary production processes, maintains ongoing research and development programs to continually improve its products and develops new applications for its technologies. ECD Ovonics holds the basic patents in its fields. More information on the Company is available at http://www.ovonic.com/.

This release may contain forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on assumptions which ECD Ovonics, as of the date of this release, believes to be reasonable and appropriate. ECD Ovonics cautions, however, that the actual facts and conditions that may exist in the future could vary materially from the assumed facts and conditions upon which such forward-looking statements are based. The risk factors identified in the ECD Ovonics filings with the Securities and Exchange Commission, including the company's most recent Annual Report on Form 10-K, could impact any forward-looking statements contained in this release.

Energy Conversion Devices, Inc.

CONTACT: Ghazaleh Koefod, Investor Relations, or Dick Thompson, Media
Relations, of Energy Conversion Devices, Inc., +1-248-293-0440

Web site: http://www.ovonic.com/
http://www.ovonic.com/investor

Nextest Announces Date for Releasing Third Quarter Fiscal Year 2007 Results

SAN JOSE, Calif., April 19 /PRNewswire-FirstCall/ -- Nextest Systems Corporation will release results for its third quarter of fiscal year 2007 on Thursday, May 3, 2007 after market close, followed by a quarterly conference call at 2:00 p.m. Pacific Time on the same date.

The call will be webcast simultaneously over the Internet. Interested investors should access the webcast at http://www.nextest.com/ and click on "Investors" before the call begins.

A replay will be available for two weeks via telephone starting approximately two hours after the completion of the call. The replay may be accessed by calling 888-286-8010 in the US and Canada, or 617-801-6888 outside the US and Canada, and entering conference code 17861821, or by visiting http://www.nextest.com/ and clicking on "Investors" for a link to the replay. The replay will be available via telephone and website through May 17, 2007.

About Nextest Systems Corporation

Nextest Systems Corporation is a low-cost leader in the design and manufacture of automatic test equipment (ATE) for Flash memory and System-On- Chip semiconductors. Nextest's products address the growing demand from manufacturers for ATE with increased throughput, functionality and reliability, while reducing time to market and cost of test. Nextest has shipped over 1,700 systems to more than 60 semiconductor companies worldwide. Further information is available at http://www.nextest.com/.

Nextest Systems Corporation

CONTACT: So-Yeon Jeong of Nextest Systems Corporation, +1-408-817-7276,
or sjeong@nextest.com

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

Cree Reports Financial Results for the Third Quarter of Fiscal 2007

DURHAM, N.C., April 19 /PRNewswire-FirstCall/ -- Cree, Inc. , a market-leading innovator of semiconductors that enhance the value of solid-state lighting, power and communications products, today announced revenue of $90.3 million for its fiscal third quarter ended March 25, 2007. This represents a 2% increase compared to the fiscal second quarter and a 16% decrease compared to revenue of $107.7 million reported for the year-ago period. Net income for the third quarter was $21.1 million, or $0.27 per diluted share, which includes tax benefits totaling $0.23 per diluted share, compared to $24.0 million or $0.31 per diluted share for the third quarter of 2006.

"Q3 was a solid quarter for Cree, as we delivered financial results that were in line with our previously announced targets, and we made a tremendous step forward on our strategy to expand our business with the acquisition of COTCO Luminant Device," stated Chuck Swoboda, Cree chairman and CEO. "The acquisition of COTCO gives us a strong position in the China market and contributes to each of our strategic goals by expanding our platform for EZBright chips, increasing our component product offering, providing a low- cost manufacturing capability, and expanding our sales channels. The combination of increasing XLamp LED sales, the addition of the COTCO LED product line, and a more stable LED chip business should put us in a strong position to grow next quarter and into fiscal 2008."

Recent Business Highlights: -- Announced the acquisition of COTCO, a leading supplier of high- brightness packaged LEDs in China, for consideration valued at approximately $196 million. In addition to the strategic benefits highlighted above, this acquisition is targeted to increase our fiscal 2008 annual revenues by $60 million to $80 million on a consolidated basis. We are also targeting to increase earnings per share on a consolidated basis for fiscal 2008 by four to six cents, excluding any in-process R&D or amortization of acquisition-related intangibles. -- Began volume shipments of warm white XLamp LEDs that are the first in the industry to deliver lighting-class brightness and efficiency. These new products offer lighting designers and architects the first lighting-class warm white LEDs for general illumination applications that have traditionally used incandescent light sources. -- Signed a distribution agreement with World Peace Industrial Co., Ltd. (WPI) to sell and support Cree XLamp products in China, Asia Pacific and Japan. WPI is a member of WPG Holdings, a leading electronics distributor in Asia. -- Launched the "LED City" initiative with Raleigh, North Carolina. The initiative is designed to create a "living laboratory" to deliver economic, environmental and usage benefits to the residents of Raleigh by deploying LED lighting in a number of applications, including garage and parking lot lights, street lights, architectural and accent lighting, portable lighting and pedestrian and walkway lighting. In the first installation of the initiative, a municipal parking garage, the city has seen energy savings in excess of 40 percent, and a recent survey shows that the public feels safer in spaces lit by LEDs. Q3 Financial Metrics: -- GAAP EPS of $0.27 including non-recurring cumulative tax benefits of $0.23 per share. -- Gross margin was 32% of revenue. -- Recognized tax benefits of $18 million primarily related to the release of contingent tax reserves associated with the completion of our research and development tax credit study and the expected resolution of Internal Revenue Service audits of fiscal 2003-2005. -- Cash flow from operations was $23 million. -- Cash and investments equaled $340 million. -- Subsequent to the end of the third fiscal quarter on March 25, 2007, we closed the COTCO transaction and issued 7,604,785 shares of the Company's common stock and $70 million in cash. Business Outlook:

For its fourth quarter of fiscal 2007, Cree currently targets revenue in a range of $110 million to $115 million with earnings of $0.05 to $0.07 per diluted share, excluding any in-process R&D or amortization of acquisition- related intangibles resulting from the acquisition of COTCO. The final valuation of acquisition-related intangible assets is expected to be completed by the end of June.

Cree will host a conference call at 5:00 p.m. Eastern time today to review the highlights of the third quarter fiscal 2007 results and the fourth quarter fiscal 2007 business outlook, including significant factors and assumptions underlying the targets noted above. The conference call will be available to the public through a live audio web broadcast via the Internet. Log on to Cree's website at http://www.cree.com/ and go to "Investor Relations - Overview" for webcast details. The call will be archived and available on the website through May 3, 2007.

Supplemental financial information is available in the "Investor Relations" section of Cree's website, under "Financial Metrics," "Quarter ending March 25, 2007" at http://www.cree.com/investor/metrics.htm.

About Cree, Inc.

Cree is a market-leading innovator and manufacturer of semiconductors that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency. Key to Cree's market advantage is its world-class materials expertise in silicon carbide (SiC) and gallium nitride (GaN) for chips and packaged devices that can handle more power in a smaller space while producing less heat than other available technologies, materials and products.

Cree drives its increased performance technology into multiple applications, including exciting alternatives in brighter and more-tunable light for general illumination, backlighting for more- vivid displays, optimized power management for high-current, switch-mode power supplies and variable-speed motors, and more-effective wireless infrastructure for data and voice communications. Cree customers range from innovative lighting-fixtures makers to defense-related federal agencies.

Cree's product families include blue and green LED chips, lighting LEDs in all colors, LED backlighting solutions, power-switching devices and radio- frequency/wireless devices. For additional information please refer to http://www.cree.com/.

The schedules attached to this release are an integral part of the release. This press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including our ability to complete development and commercialization of products under development, such as our pipeline of brighter LED chips and packaged products; our ability to lower costs; potential changes in demand; increasing price competition in key markets; the risk that, due to the complexity of our manufacturing processes and transition of production to larger wafers, we may experience production delays that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; risks associated with the ramp-up of our production for our new products; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with our recent acquisition; risks associated with on-going litigation; and other factors discussed in our filings with the Securities and Exchange Commission, including our report on Form 10-K for the fiscal year ended June 25, 2006, and subsequent reports filed with the SEC. Except as required under the U.S. federal securities laws and the rules and regulations of the SEC, Cree disclaims any obligation to update any forward-looking statements after the date of this release, whether as a result of new information, future events, developments, changes in assumptions or otherwise.

Cree, the Cree logo and XLamp are registered trademarks of Cree, Inc., and COTCO is a registered trademark of COTCO Luminant Device. EZBright is a trademark of Cree, Inc.

CREE, INC. CONSOLIDATED STATEMENTS OF INCOME (in thousands, except per share data) Three Months Ended Nine Months Ended 03/25/2007 03/26/2006 03/25/2007 03/26/2006 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Product revenue $82,318 $100,781 $261,258 $295,859 Contract revenue 7,935 6,923 21,695 20,387 Total revenue 90,253 107,704 282,953 316,246 Cost of product revenue 55,279 50,946 163,778 145,634 Cost of contract revenue 6,002 5,423 16,934 14,880 Total cost of revenue 61,281 56,369 180,712 160,514 Gross profit 28,972 51,335 102,241 155,732 Operating expenses: Research and development 15,797 13,333 44,777 40,910 Sales, general and administrative 13,123 11,826 37,659 33,395 (Gain) loss on disposal or impairment of long-lived assets (154) 208 28 908 Total operating expenses 28,766 25,367 82,464 75,213 Operating income 206 25,968 19,777 80,519 Non-operating income: Gain on investments in securities 3 - 11,411 587 Other non-operating income (8) 38 (6) 41 Net interest income 3,998 3,482 11,844 8,777 Income from continuing operations before income taxes 4,199 29,488 43,026 89,924 Income tax expense (9,846) 5,194 (649) 22,342 Net income from continuing operations 14,045 24,294 43,675 67,582 Income (loss) from discontinued operations, net of related tax effect 7,085 (294) 7,224 (4,152) Net income $21,130 $24,000 $50,899 $63,430 Diluted earnings per share: Income from continuing operations $0.18 $0.31 $0.56 $0.87 Loss from discontinued operations $0.09 $- $0.09 $(0.06) Net income $0.27 $0.31 $0.65 $0.81 Weighted average shares of common stock outstanding, basic 76,417 76,464 76,809 76,011 Weighted average shares of common stock outstanding, diluted 77,134 78,471 77,729 77,943 CREE, INC. CONSOLIDATED BALANCE SHEETS (in thousands) 03/25/2007 06/25/2006 (Unaudited) (Audited) Assets: Current assets: Cash, cash equivalents and short term investments $265,755 $256,218 Accounts receivable, net 61,252 68,363 Inventory, net 50,302 29,994 Deferred income taxes 11,860 10,092 Prepaid expenses and other current assets 12,498 11,437 Assets of discontinued operations 307 394 Total current assets 401,974 376,498 Property and equipment, net 359,178 342,238 Long-term investments held to maturity 74,330 119,400 Long-term marketable securities 16,467 29,072 Intangible assets, net 40,382 30,286 Goodwill 36,676 - Other assets 4,941 2,706 Total assets $933,948 $900,200 Liabilities and Shareholders' Equity: Current liabilities: Accounts payable, trade $27,679 $23,214 Current portion of capital lease obligations 762 - Accrued salaries and wages 8,922 8,828 Other current liabilities 6,073 4,256 Liabilities of discontinued operations 668 1,092 Total current liabilities 44,104 37,390 Long term liabilities: Deferred income taxes and contingent tax reserves 17,489 33,310 Other long-term liabilities 291 - Long term liabilities of discontinued operations 1,201 1,887 Total long term liabilities 18,981 35,197 Shareholders' Equity: Common stock 96 96 Additional paid-in-capital 577,758 580,804 Comprehensive income 7,155 11,758 Retained earnings 285,854 234,955 Total shareholders' equity 870,863 827,613 Total liabilities and shareholders' equity $933,948 $900,200

Cree, Inc.

CONTACT: Raiford Garrabrant, Director, Investor Relations of Cree, Inc.,
Ph: +1-919-313-5397, Fax: +1-919-313-5615, or Email:
raiford_garrabrant@cree.com

Web site: http://www.cree.com/
http://www.cree.com/investor/metrics.htm

LivePerson Announces First Quarter 2007 Financial ResultsTeleconference on Tuesday, May 1, 2007

NEW YORK, April 19 /PRNewswire-FirstCall/ -- LivePerson, Inc. , a provider of online conversion solutions, will discuss its first quarter 2007 financial results during a teleconference on Tuesday, May 1, 2007, at 5:00 p.m. ET. Results will be released after the market close on May 1.

To participate, please call 877-507-3684 before 5:00 p.m. ET. International callers please dial 706-634-9559. Please reference the conference ID "6635608." If you are unable to participate, the teleconference will be available for replay on the LivePerson website at http://liveperson.com/ir/index.asp starting at 6:00 p.m. ET on May 1, 2007.

About LivePerson

LivePerson is a provider of online conversion solutions. Our hosted software enables companies to identify and proactively engage online visitors- increasing sales, satisfaction and loyalty while reducing service costs. Combining web-interaction technology (chat, email and a self-service knowledgebase) with a deep understanding of consumer behavior and industry best practices, LivePerson's Timpani(TM) platform engages the right customer, at the right time, with the right communications channel. This Engagement Marketing platform creates more relevant, compelling and personalized experiences-converting traffic into revenues, and facilitating real-time sales and customer service. More than 5,000 companies including EarthLink, Hewlett- Packard, Microsoft, Qwest and Verizon, rely on LivePerson to help maximize the return on their marketing and e-commerce investments. LivePerson is headquartered in New York City.

LivePerson, Inc.

CONTACT: Michael Goodwin of LivePerson, Inc., +1-212-609-4282

Web site: http://liveperson.com/ir/index.asp
http://www.liveperson.com/

LSI Industries Inc. Schedules Third Quarter Conference Call

CINCINNATI, April 19 /PRNewswire-FirstCall/ -- LSI Industries Inc. today announced that it will conduct a conference call at 3:00 p.m. Eastern Time, Thursday, April 26, 2007 to discuss the fiscal 2007 third quarter operating results. Individuals interested in participating in this conference call hosted by Bob Ready should call 800-270-2092. The conference call will be webcast live, with audio and supporting visual materials presented, with access through the LSI web site at http://www.lsi-industries.com/ and a replay of the call will be available after 5:00 p.m. at the same site. The Company anticipates releasing third quarter 2007 earnings prior to the opening of the market on Thursday, April 26, 2007.

About the Company

LSI Industries is an Image Solutions company, combining integrated design, manufacturing, and technology to supply its own high quality lighting fixtures and graphics elements for applications in the retail, specialty niche, and commercial markets. The Company's Lighting Segment produces high performance products dedicated to the outdoor, architectural outdoor, indoor, architectural indoor and accent/downlight markets. The Graphics Segment provides a vast array of products and services including signage, menu board systems, active digital signage, decorative fixturing, design support, engineering and project management for custom programs for today's retail environment. The Company's Technology Segment develops and designs high performance light engines, digital signage and other products using LED lighting technology, including large format LED video screens for the entertainment and sports markets. LSI's major markets are the petroleum / convenience store, multi-site retail (including automobile dealerships, restaurants and national retail accounts) and the commercial / industrial lighting markets. LSI employs approximately 1,700 people in fifteen facilities located in Ohio, California, New York, North Carolina, Kansas, Kentucky, Rhode Island, Tennessee, Texas and Montreal, Canada. The Company's common shares are traded on the NASDAQ Global Select Market under the symbol LYTS.

For further information, contact either Bob Ready, Chief Executive Officer and President, or Ron Stowell, Vice President, Chief Financial Officer and Treasurer at (513) 793-3200.

Additional note: Today's news release, along with past releases from LSI Industries, are available on the Company's internet site at http://www.lsi-industries.com/ or by fax, by calling the Investor Relations Department at (513) 793-3200.

LSI Industries Inc.

CONTACT: Bob Ready or Ron Stowell, +1-513-793-3200, both of LSI
Industries Inc.

Web Site: http://www.lsi-industries.com/

CCI Retains New Contractor/Consultant

NEW YORK, April 19 /PRNewswire-FirstCall/ -- Competitive Companies, Inc. CCI, Symbol (BULLETIN BOARD: CCOP) announced today that William Tomberlin has been retained by the organization as a contractor/consultant to immediately identify and develop both new revenue sources and to maximize efficiency for our existing revenue sources.

"Bill brings with him over 33 years' experience working in the cable television industry and has been directly involved in over 200 cable franchises during the initial franchise development" said CEO Henri Hornby. "His background in the industry and his association experience made him the perfect choice to move CCI to the next level. Contracting for several of the major cable companies, Bill Tomberlin came to be known as a quality contractor, meeting deadlines in a timely manner, once completing over 2500 miles of construction in three years. Of particular importance for CCI, Tomberlin built 25 rural cable systems in Kentucky and Tennessee, from the ground up, profitably serving previously underserved markets. Mr. Tomberlin succeeded in selling these companies for an all time record price on a per customer basis at the time of sale.

Competitive Companies is a Nevada corporation providing telephone, Cable TV and high-speed Internet service to over 3,000 people living in apartment complexes in California, Alabama and Mississippi. The Company is headquartered in Riverside, California.

Forward-Looking Statements

This press release contains statements that are "forward-looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward- looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward- looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.

Competive Companies Inc.

CONTACT: Competive Companies Inc., +1-775-762-8815

ALONG Subsidiary Recognized as One of 50 Best Mobile Phone Ventures in China

XI'AN CITY, Shaanxi Province, China, April 19 /Xinhua-PRNewswire-FirstCall/ -- ALONG Mobile Technologies Inc. (Pink Sheets: AGMB), a leading provider of wireless interactive entertainment products and services to customers in China, today announced that its wholly- owned subsidiary, Beijing Flashow Media Co., Ltd. was selected as one of "The Best 50 China Mobile Ventures in 2007" during the third investment conference of the China mobile communications industry, referring to http://www.shoujiquan.com/20070125shoujiquan/200702020051.html.

More than 400 guests participated in this conference, hosted by the China Mobile Phone Communications Industry Forum. Among the attendees were government officers, directors of research institutions and mobile phone industry leaders. The conference offered an opportunity to analyze the investment environment of China's mobile communication industry and facilitate direct communication between investors and companies. Over the course of the conference 50 companies were recognized for innovation in the mobile phone industry.

Flashow's advantage over its competitors lies in the development and implementation of wireless multimedia technology solutions such as SIS, VIS, MSF and 3D as well as the company's platform system of wireless value-added services. Flashow is the exclusive provider to China Unicom of these technologies.

ALONG President and Director Jianwei Li said, "We are pleased that Flashow has been awarded this special recognition as a leader and innovator in China's burgeoning mobile phone market. Flashow has aggressively pursued research and development of emerging technologies and this award illustrates our advanced technological capabilities, which will enable us to offer additional services to customers and create added value for our shareholders."

About ALONG Mobile Technologies, Inc.

ALONG Mobile Technologies, Inc. is a value-added mobile services provider with more than 1,800 sales sites in the Middle and Western parts of China. ALONG designs, produces, publishes, manufactures, provides and distributes proprietary wireless entertainment applications such as ring-tones, games, images, videos and e-books to its customers. ALONG's wireless applications are downloaded on a fee-basis by means of proprietary public downloading terminals. The terminals, which are installed by ALONG, are placed in strategic locations that include shopping centers, universities, entertainment centers, cinemas, hotels, airports, restaurants and parks. Interaction enriches life. For more information about ALONG, please visit http://www.alonggame.com/. Downloadable games will soon be available via the Internet at http://www.whatplay.cn/.

About Beijing Flashow Media Co., Ltd.

Beijing Flashow Media Co., Ltd. is a developer and publisher of entertainment software for mobile phones. The company is dedicated to the development of wireless multimedia technology solutions, such as SIS, VIS, MSF, 3D, etc. Flashow delivers cutting edge entertainment applications to leading wireless carriers and their subscribers while allowing premier entertainment properties to connect with their communities on the widest range of mobile platforms. In 2004, China Unicom used the VIS technology of Flashow Media as its technology standard. This resulted in successful mobile phone animation technology and services collaboration between Flashow Media and China Unicom. For more information about Flashow Media, please visit http://www.flashow.com.cn/.

Forward-looking statement:

Except for the historical information, certain information contained in this news release may contain forward-looking statements, including, but not limited to, projections, estimates, pro formas, statements of intention, expectations, plans and factors relating to future sales. These forward- looking statements may involve a number of risks and uncertainties. Actual results may differ materially based on a number of factors, including, but not limited to, uncertainties in product demand, risks related to doing business in China, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.

For more information, please contact: Michael Wang ALONG Mobile Technologies Inc. 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, Fax: +86-29-8836-0090, michaelwang@alonggame.com

Web site: http://www.whatplay.cn/
http://www.flashow.com.cn/
http://www.alonggame.com/
http://www.shoujiquan.com/20070125shoujiquan/200702020051.html

PPG Automotive Glass Helps Drivers Stay Cool and Save FuelNREL study shows the benefits of Sungate EP automotive glass

DETROIT, April 19 /PRNewswire-FirstCall/ -- The National Renewable Energy Laboratory (NREL), PPG and other leading automotive suppliers presented research findings today at the Society of Automotive Engineers (SAE) World Congress that Sungate EP automotive glass significantly reduced the transmission of solar energy into a vehicle, keeping the interior cooler and improving fuel economy.

According to the NREL study, Sungate EP glazing can reduce front seat temperatures 15 degrees Celsius (27 F) and air-breath temperatures 9 degrees Celsius (16 F). This reduces air conditioner workload, along with fuel consumption and carbon dioxide emissions.

Sungate EP automotive glass is an advanced version of the original infrared (IR) reflective Sungate windshield. Previous research showed drivers could save up to 4 percent, or $66, in annual fuel costs using the Sungate windshield, which is featured on several current Mercedes-Benz and BMW models.

"Sungate windshields reduce the initial workload on a vehicle's air conditioning system, which represents the biggest use of power for climate control," said Mukesh Rustagi, PPG global product market manager. "Because the air conditioner doesn't have to work as hard, fuel efficiency increases, emissions decrease and consumers experience a cooler vehicle on entry."

Rustagi said concerns about gasoline prices and global warming have made consumers more aware of vehicles' fuel efficiency and emissions output, so a Sungate windshield benefits the environment, consumers' pocketbooks and automakers trying to satisfy consumer preferences.

Sungate windshield technology also will help automakers meet the tougher emissions and fuel economy requirements of the U.S. Environmental Protection Agency's (EPA) revised Supplemental Federal Test Procedure (SFTP), Rustagi said, without compromising vehicle affordability, safety or performance.

"Consumers are seeking technologies that improve their experience with their vehicles and help them save money and be environmentally responsible," Rustagi said. "In the J.D. Power and Associates 2006 U.S. Automotive Emerging Technologies Study, nearly three-fourths of respondents were interested in having advanced solar-reflective windshields on their next new vehicles, and the Sungate windshield from PPG helps automakers fulfill that consumer interest."

About PPG

Pittsburgh-based PPG is a global supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fiber glass. The company employs more than 30,000 people and has 125 manufacturing facilities and equity affiliates in more than 20 countries. Sales in 2006 were $11 billion. PPG shares are traded on the New York and Philadelphia stock exchanges . For more information, visit http://www.ppg.com/.

Sungate is a trademark of PPG Industries.

PPG Industries

CONTACT: Mukesh Rustagi of PPG, +1-412-820-8123, rustagi@ppg.com; or
Brian Tedeschi of Think Inc., +1-412-281-9228

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

Newport Corporation to Report 2007 First Quarter Results on April 26

IRVINE, Calif., April 19 /PRNewswire-FirstCall/ -- Newport Corporation has announced that next Thursday, April 26, 2007, the company will release results for its first quarter ended March 31, 2007. The company also said Chairman and Chief Executive Officer Robert G. Deuster and Senior Vice President, Chief Financial Officer and Treasurer Charles F. Cargile will host an investor conference call that day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to review the company's financial results and business outlook.

The call is open to all interested investors through a live audio web broadcast via the Internet at http://www.newport.com/investors and http://www.earnings.com/. The call also will be available to investors and analysts by dialing (866) 558-6338 within the U.S. and Canada or (213) 785-2437 from abroad.

The webcast will be archived on both web sites and can be reached through the same links. A telephonic playback of the conference call also will be available by calling (888) 203-1112 within the U.S. and Canada and (719) 457-0820 from abroad. Playback will be available beginning at 8:00 p.m. Eastern time (5:00 p.m. Pacific time) on Thursday, April 26, 2007, and continue through midnight on Wednesday, May 2, 2007. The replay confirmation code is 4480656.

About Newport Corporation

Newport Corporation is a leading global supplier of advanced-technology products and systems to customers in the scientific research, microelectronics manufacturing, aerospace and defense/security, life and health sciences and precision industrial manufacturing markets. Newport's innovative solutions leverage its expertise in high-power semiconductor, solid-state and ultrafast lasers, photonics instrumentation, sub-micron positioning systems, vibration isolation, optical subsystems and precision automation to enhance the capabilities and productivity of its customers' manufacturing, engineering and research applications. Newport is part of the Standard & Poor's SmallCap 600 Index and the Russell 2000 Index.

Newport Corporation

CONTACT: Charles F. Cargile, Senior Vice President, Chief Financial
Officer and Treasurer of Newport Corporation, +1-949-863-3144,
investor@newport.com; or Investors, Dan Peoples of Makinson Cowell (US),
+1-858-552-8146

Web site: http://www.newport.com/
http://www.newport.com/investors
http://www.earnings.com/

Magnitude Hires Executive to Assist in Kiwibox Operations

BRANCHBURG, N.J., April 19 /PRNewswire-FirstCall/ -- Magnitude Information Systems, Inc. ("Magnitude") (BULLETIN BOARD: MAGY.OB) announced today that it has hired Eric Brahms, a senior level software operations executive, to the position of Senior Vice President of Operations. "Eric Brahms is an exceptionally, well-rounded operations officer, with solid systems development and business management experience," stated Ed Marney, President and Chief Executive Officer of Magnitude. Mr. Marney continued, "While managing the business Intelligence unit at WebMD/Medical Manager (now owned by Sage Software), Eric maintained tight control of an exceptionally rapid growth phase. His services will be invaluable to us when we begin the ramp-up of the Kiwibox website following the closing of the acquisition."

Magnitude signed a definitive agreement to acquire Kiwibox Media, Inc., based in New York City. Kiwibox Media, Inc. has created a successful Online Social Network known as Kiwibox.com serving the Teen marketplace. As previously announced, the closing of the Kiwibox acquisition is scheduled for May 2007

Online social networks have made numerous headlines over the past few years with their sticky web-based community features and viral growth patterns. Social networking sites such as MySpace.com and Facebook.com have reached outstanding levels of popularity and command valuations well over $1 billion. To date these sites have focused on users entering college and beyond, leaving the 13-19 demographic untapped. The teenage population, as estimated by the census bureau, topped out at 34 million in the United States while spending over $175 billion in 2003 according to Teenage Research Unlimited. Today's teenagers are the first generation to grow up using the Internet for everything from entertainment and information, to shopping and communication.

Kiwibox.com has been a leading entertainment focused online social network and has targeted female teenagers between the ages of 13-19 since September 1999. Kiwibox.com has built its online brand utilizing a unique "For Teens By Teens" design methodology, and since inception Kiwibox.com has been an industry leader in adopting user generated site content. By involving the teen user in the creation, editing and moderating of content Kiwibox.com has become the online destination for over 1.8 million registered members and 150,000 unique visitors monthly. Magnitude intends to leverage its extensive knowledge of user needs and habits and re-launch an immensely more powerful Kiwibox.com site focused on both the male and female demographic.

This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results, depending on a variety of factors. Potential factors that could impact results include the general economic conditions in different countries around the world, fluctuations in global equity and fixed income markets, exchange rates, rating agency actions, resolution of pending regulatory investigations and related issues, including those related to compensation arrangements with underwriters, pension funding, ultimate paid claims may be different from actuarial estimates and actuarial estimates may change over time, changes in technology and internet developments, commercial property and casualty markets and commercial premium rates, the competitive environment, the actual costs of resolution of contingent liabilities and other loss contingencies, and the heightened level of potential errors and omissions liability arising from placements of complex policies and sophisticated reinsurance arrangements in an insurance market in which insurer reserves are under pressure. Further information, concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission.

Magnitude Information Systems, Inc.

CONTACT: Edward L. Marney, President and Chief Executive Officer of
Magnitude Information Systems Inc., +1-772-286-9292

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

Globetrotters Roam Economically When Abroad With New AT&T International Smartphone and PDA Data Plans

ATLANTA, April 19 /PRNewswire-FirstCall/ -- Accessing e-mail and other data wirelessly while overseas is now much more cost-effective as AT&T Inc. announced today the availability of international data plans that offer greatly reduced data roaming rates to customers using any AT&T-powered smartphone or PDA.

The new global rate plans range from $44.99 to $69.99 a month, depending on device class and e-mail platform. They include 20 megabytes (MB) of international data use in nearly 30 countries with UMTS, EDGE or GPRS wireless data networks, as well as unlimited domestic access. The plans apply to such devices as BlackJack(TM), the Cingular 3125 Smartphone, Cingular 8525 Pocket PC, HP iPAQ hw6920 Mobile Communicator, Palm(R) Treo(TM) 680, Palm(R) and Treo(TM) 750.

With AT&T's new Global Smartphone and PDA plans, customers now have plan options to cover international data usage on any business-oriented wireless device sold by AT&T. AT&T also offers international data plans for BlackBerry(R) and wireless laptop connectivity.

"AT&T already has the broadest international voice and data roaming footprint of any U.S. carrier, and now it is the only wireless provider in the nation to offer global data plans to its entire portfolio of business-oriented devices," said Jeff Bradley, vice president of wireless business data services for AT&T. "These new plans give our customers much greater control over their international wireless costs. They provide a large enough allocation of data and significantly reduced overage charges so that employees can use their smartphone or PDA to check e-mail, browse the Web or access other data applications when abroad without incurring higher pay-per-use roaming charges."

AT&T's new international data plans for smartphones and PDAs can offer customers significant cost savings over traditional, per kilobyte (KB) data charges for use outside the U.S. For example, 20MB of international data usage at a standard $.0195 per KB rate would result in a charge of $399.36, some $330 more than the highest tier combined monthly domestic/international charge under the new AT&T plans.

Smartphone Connect Global monthly plans start at $44.99 with a voice contract and PDA Connect Global plans begin at $64.99 a month with a voice plan. Customers can sign up for AT&T's new international data plans for smartphones and PDAs at any Cingular Wireless retail store, or through AT&T's wireless business-to-business sales organization. For more information on the new plans, please go to http://business.cingular.com/businesscenter/popup/dataconnect-comp-table.jsp. To view countries included in the new international plans, please go to http://www.cingular.com/learn/international/dataconnect-global.jsp.

AT&T's wireless voice and data network technology is based on GSM, the global standard for wireless, allowing customers to make voice calls in more than 190 countries and access data in 125 countries worldwide.

Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.

About AT&T

AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.

(C) 2007 AT&T Knowledge Ventures. All rights reserved. AT&T and the AT&T logo are trademarks of AT&T Knowledge Ventures. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.

AT&T Inc.

CONTACT: John Kampfe of AT&T, +1-973-637-9387, cell, +1-908-432-3473

Avis Budget Group Launches First-Ever, Exclusive Group Car Rental Booking EnginePrivate-Label Booking Engine Launched in Conjunction With Groople Sets Standard for Group Travel

PARSIPPANY, N.J., April 19 /PRNewswire-FirstCall/ -- Avis Budget Group, Inc. today announced the launch of a new private-label car rental booking engine tailored for Groople, the leading online group travel booking resource. This booking engine, the first of its kind developed, hosted and maintained by a car rental company for a group travel agency, provides a side-by-side comparison of Avis and Budget car rental offerings to customers traveling in groups. Through a collaborative effort with Groople, Avis Budget Group provides the perfect travel tool for groups such as families and friends attending a wedding, reunion or other getaway, students traveling on school trips, sports teams traveling to games or competitions and business travelers attending meetings and conferences.

Groople customers can now complement their group air and hotel reservations on http://www.groople.com/ with customized car rentals from Avis, a leading premium brand that provides the finest in service and amenities, and Budget, a brand that delivers great service at low prices for cost-conscious travelers.

Serving groups of five or more, Groople will now offer customers access to great group rates on multiple car rentals and the ease of booking all their travel plans in one simple click. For example, customers can view options specific to their arrival location, time and vehicle preferences and can reserve cars for their special event. Groups can even mix and match vehicle types and brands to meet the individual needs of each renter in the group.

"Our dual-brand approach provides the best of both worlds in car rental to Groople customers," said Becky Alseth, senior vice president of marketing for Avis Budget Group. "Between the technology innovations and 'We Try Harder' service Avis is famous for, and the great value of Budget, the complex needs of group travelers can now be met with ease and convenience."

Breaking new ground, this service allows customers to book group rates online for the first time. Groups are able to move through their bookings quickly and easily, allowing customers to book more than one car per reservation. When customers book five cars or more their group rate is automatically uploaded and the savings are built in. Best of all, each individual driver can select the car and payment option online.

"Groople and Avis Budget Group continue to lead innovation in the industry with the launch of our group rental car product. The rapid growth in booking travel online and the size of the group travel segment is driving demand for group based travel tools," said Mike Stacy, chief executive officer of Groople. "We have demonstrated our leadership in group hotels, and we are proud to offer our customers another ground-breaking tool for cars, which will make their travel planning and booking much easier."

About Groople

Groople is the leader in online group travel, offering one-stop group booking on hotel, cruise, air, bus, and rail, and is backed by partnerships with the largest travel suppliers worldwide. Groople is group travel made easy, with more than 60,000 hotel choices worldwide and six top cruise lines brought together in an online group booking website. Groople offers discounted rates, individual payment options and creates a single point of contact for the group travel consumer. Groople's customer sales center provides personal attention and offers group travel experts to advise leisure group travelers on weddings, family reunions, religious groups, sports teams, and more. Created by 20 travel industry veterans, Groople pioneered the online group travel space and continues to lead the group travel industry in technology, inventory and convenience.

About Avis Budget Group, Inc.

Avis Budget Group is a leading provider of vehicle rental services, with operations in more than 70 countries. Through its Avis and Budget brands, the Company is the largest general-use vehicle rental operator in each of North America, Australia, New Zealand and certain other regions. Avis Budget Group is headquartered in Parsippany, N.J. and has more than 30,000 employees. For more information on Avis Budget Group, visit http://www.avisbudgetgroup.com/.

Avis Budget Group, Inc.

CONTACT: Alice Pereira of Avis Budget Group, Inc., +1-973-496-6113,
alice.pereira@avisbudget.com; or Andrea Collins for Avis Budget Group, Inc.,
+1-212-715-2222, andrea@vollmerpr.com

Web site: http://www.avisbudgetgroup.com/
http://www.groople.com/

ARRIS Opens Testing & Interoperability Lab in Buenos Aires

SUWANEE, Ga., April 19 /PRNewswire-FirstCall/ -- ARRIS today announced that it has opened a testing and interoperability lab in Buenos Aires, Argentina. With several key voice over cable deployments planned for the Argentine market in the coming months, the lab will serve as the center of ARRIS VoIP service and quality assurance in the region to further support ARRIS customers as they launch their triple play packages. The lab will be staffed by ARRIS field support engineers and system integration specialists and will house a complete line of ARRIS CMTS and CPE equipment as well as the ARRIS Universal CPE Test Station (UCTS), third party call servers, gateways and appropriate testing and interoperability equipment necessary to ensure effective field service and support for Argentine cable operators.

"We have established this lab to provide local support and service to our MSO customers in Argentina," said Claudio Cerioli, ARRIS Senior Vice President of International Sales. "Delivering primary line voice service is a difficult proposition and one that ARRIS understands very well. It requires the highest standards of reliability and scalability, so it was in our customers' best interests to have trained engineers and dedicated testing facilities in the region to deliver them the world-class service they have come to expect from ARRIS."

As deregulation of voice service in Central and South America occurs market to market, ARRIS is at the forefront of numerous planned cable operator voice rollouts and currently powers several VoIP deployments in the region. These include a long-standing relationship with VTR of Chile and the recently- announced launch of VoIP by Mexican MSO Cablemas. Both companies use the ARRIS C4(R) CMTS and Touchstone(R) E-MTAs in their digital voice service. Additionally, ARRIS E-MTAs are currently deployed in numerous Central American markets and the Caribbean.

About ARRIS

ARRIS provides broadband local access networks with innovative video, high-speed data and telephony systems for the delivery of voice, video and data to the home and business. ARRIS complete solutions enhance the reliability and value of converged services from the network to the subscriber. Headquartered in Suwanee, Georgia, USA, ARRIS has design, engineering, distribution, service and sales office locations throughout the world. Information about ARRIS products and services can be found at http://www.arrisi.com/. For more information about ARRIS C4 CMTS visit http://www.arrisi.com/c4.

ARRIS

CONTACT: Alex Swan of ARRIS Media Relations, +1-678-473-8327, or
alex.swan@arrisi.com

Web site: http://www.arrisi.com/
http://www.arrisi.com/c4

Raytheon and U.S. Navy Team for Standard Missile Improvements

TUCSON, Ariz., April 19 /PRNewswire/ -- Raytheon Company and the U.S. Navy have teamed to successfully complete a major update to Standard Missile-2 (SM-2). The improvement, called a "Maneuverability Upgrade," provides SM-2 with substantially increased performance against new, anti-ship weapons while delivering increased capability to the warfighter.

"We cannot afford to rest on our laurels or be content with our current capability," said Capt. Tim Batzler, U.S. Navy Standard Missile program manager. "Our sailors deserve the best we can give them, and this upgrade provides that."

The team included representatives from the U.S. Navy Standard Missile program office and Naval Weapons Station/Seal Beach and a cross-section of manufacturing and engineering employees from Raytheon Missile Systems. Team members worked to develop, produce and validate the performance upgrade to the weapon. The improvement strengthens Standard Missile's position as the world's premier ship area air defense weapon.

"The success of this endeavor is another example of Raytheon's focus on teaming with the customer to provide a needed solution. Every member of this team, whether wearing a U.S. Navy uniform or a Raytheon badge, was committed to completing this project as quickly as possible and getting this capability to our sailors in the fleet," said Ron Shields, Raytheon's Standard Missile program director.

Standard Missile has been the U.S. Navy's primary surface-to-air fleet air defense weapon for more than three decades. It is the most technically advanced and the most capable air defense missile in the world. SM-2 is operational on guided missile cruisers, destroyers and frigates in the U.S. Navy and is in operation with 13 allied navies.

Raytheon Company, with 2006 sales of $20.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning more than 80 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Contact: John Patterson 520.794.4559

Raytheon Company

CONTACT: John Patterson of Raytheon Company, +1-520-794-4559

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

Head of the Class: Nike Signs Football's Top Pro ProspectsGaines Adams, Leon Hall, Calvin Johnson, Marshawn Lynch, Greg Olsen, Amobi Okoye, Adrian Peterson, Brady Quinn, and JaMarcus Russell Continue Nike Football Legacy

BEAVERTON, Ore., April 19 /PRNewswire-FirstCall/ -- Nike continues its legacy of outstanding football talent with the addition of nine collegiate football All-Americans and top professional prospects to its roster: Gaines Adams (Clemson University), Leon Hall (University of Michigan), Calvin Johnson (Georgia Tech), Marshawn Lynch (University of California), Greg Olsen (University of Miami), Amobi Okoye (University of Louisville), Adrian Peterson (Oklahoma University), Brady Quinn (Notre Dame) and JaMarcus Russell (Louisiana State University).

(Photo: http://www.newscom.com/cgi-bin/prnh/19990818/NIKELOGO )

Nike's outstanding rookie class of 2007 embodies the same work ethic that has elevated Nike's Tom Brady, Brian Urlacher, Michael Vick and LaDainian Tomlinson to the top of the professional game.

"We are excited and thrilled to welcome these top rookies to the Nike family," said Bill Kellar, Nike's Football Category Director. "Each of these players has proven to be winners on and off the field. They are exceptional individuals with unparalleled athletic abilities and passion for the game."

Nike's 2007 Rookie Class

A potential number one overall pick in this year's professional draft, JaMarcus Russell earned First Team All-Conference honors as a junior after leading the his team to back-to-back 10-win seasons. Russell became the only quarterback in school history to accomplish that feat. The 6'6", 265-pound Alabama native threw 6,625 yards and 52 touchdowns in 36 career games.

Brady Quinn set 36 school records as quarterback in South Bend. The 6'3" Quinn led his squad to 29 victories as a starting quarterback, tying for most in school history.

At 6'4" and 237 pounds, Calvin Johnson was a two-time, First-Team All-American wide receiver who led his conference with 1,202 receiving yards and 15 touchdowns as a senior.

Adrian Peterson finished his career with 4,045 yards along with 42 touchdowns. During his four years, Peterson was named to the All-American team as well as rushing for nearly 2,000 yards during his freshman season.

At only 19 years old, the 6'2", 287-pound Amobi Okoye finished his collegiate career by earning unanimous All-Conference honors as a defensive end.

After rushing for more than 1,700 yards along with 15 touchdowns during the 2006 season, Marshawn Lynch was named the conference Offensive Player of the Year as a running back.

Gains Adams was named his conference's 2006 Defensive Player of the Year after racking up a career-high 12.5 sacks. The 6'5" defensive end also garnered All-American First Team All-Conference honors as a senior.

The 5'11", 193-pound Leon Hall finished his collegiate career by being named a consensus All-American after recording 180 tackles, three sacks and 12 interceptions.

As a 6' 4" tight end, Greg Olsen was named First-Team All-Conference selection with 1,215 receiving yards and six touchdowns.

According to many professional draft analysts, these nine players are expected to be selected among the top 20 overall picks, with Russell, Quinn, Johnson, Peterson and Adams expected to be selected in the top 10.

ABOUT NIKE, INC.

Based near Beaverton, Oregon is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly owned Nike subsidiaries include Converse Inc., which designs, markets and distributes athletic footwear, apparel and accessories; Bauer NIKE Hockey Inc., a leading designer and distributor of hockey equipment; Cole Haan, which designs, markets, and distributes fine dress and casual shoes and accessories; Hurley International LLC, which designs, markets and distributes action sports and youth lifestyle footwear, apparel and accessories and Exeter Brands Group.

Photo: http://www.newscom.com/cgi-bin/prnh/19990818/NIKELOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Nike, Inc.

CONTACT: New York Media Relations of Nike, +1-212-367-4447

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

Kleinfelder Selects AT&T to Upgrade Its Network Technology

SAN DIEGO, April 19 /PRNewswire-FirstCall/ -- AT&T Inc. announced today that Kleinfelder Inc. has signed a new networking agreement with AT&T for a three-year, $2.2 million contract. Under the terms of the agreement, AT&T will provide Kleinfelder with a new MPLS-enabled Virtual Private Network (VPN) and AT&T Virtual Private Network Tunneling Service (AVTS), which will provide consistent network services to company locations, as well as reliable redundancy.

Kleinfelder is a leading professional services firm in natural and built environments for municipalities, government agencies, multinational companies and industrial concerns across the nation, providing planning, engineering, scientific, technical and management solutions.

Kleinfelder approached AT&T because its needs exceeded the capabilities of its self-hosted data center in Sacramento and it was planning a move into a new data center. Kleinfelder required new network services that would meet its needs today and in the future. The company's original network technologies were scattered among Frame Relay, dedicated private line and MPLS, with limited redundancy.

AT&T proposed the AT&T VPN with automatic failover to AVTS in the event of a failure. The AT&T VPN will meet the customer's applications and videoconferencing needs today, as well as potential future needs, including Voice over IP. Additionally, Kleinfelder has delay-sensitive, mission-critical business applications that benefit from AT&T's VPN Class of Service option. The VPN also provides Kleinfelder with reliable videoconferencing transport between locations.

AT&T's AVTS solution provides low-cost network redundancy and allows for primary connectivity between smaller offices and the customer's data center.

"With the new network upgrade, AT&T is helping us to service our company's current and future needs and enabling us to react to unique data intensive challenges brought by our clients," said Ed Rothenbaum, Internet technology director at Kleinfelder. "The AT&T VPN solution provides Kleinfelder reliable, guaranteed performance levels to our 53 locations that will help to prevent applications from timing out, provide quality videoconferencing capabilities and allow for future Voice over IP deployment."

The agreement renews and expands a relationship between the two companies spanning nearly four years.

This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.

About Kleinfelder

Kleinfelder is a leading professional services firm in natural and built environments for municipalities, government agencies, multinational companies and industrial concerns across the nation. With a staff of nearly 2,000 Kleinfelder is one of the nation's largest employee-owned firms providing planning, engineering, scientific, technical and management solutions. Visit http://www.kleinfelder.com/.

About AT&T

AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.

(C) 2007 AT&T Knowledge Ventures. All rights reserved. AT&T and the AT&T logo are trademarks of AT&T Knowledge Ventures. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.

AT&T Inc.

CONTACT: Gina Pernetti of AT&T, +1-916-847-8542, gp7182@att.com; or
Terry Reynolds of Kleinfelder, +1-916-366-1701, treynolds@kleinfelder.com

Web site: http://www.att.com/
http://www.kleinfelder.com/

Lockheed Martin Receives $6 Million Contract to Add Additional GPS Signal to Modernized Satellite

KING OF PRUSSIA, Pa., April 19 /PRNewswire/ -- The U.S. Air Force has awarded Lockheed Martin a $6 million contract to develop and integrate a demonstration payload that will temporarily transmit a third civil signal on a modernized Global Positioning System Block IIR (GPS IIR-M) satellite.

This new contract directs Lockheed Martin and its navigation payload supplier ITT in Clifton, N.J. to provide an on-orbit demonstration capability for the new civil signal. The signal, located on the L5 frequency (1176MHz) will comply with international radio frequency spectrum requirements. The Block IIR-M spacecraft with the demonstration payload is planned for launch in 2008.

"We are pleased the Air Force has entrusted Lockheed Martin to provide this important on-orbit demonstration on a Block IIR-M spacecraft," said Don DeGryse, Lockheed Martin's vice president of Navigation Systems. "We take great pride in the programmatic and on-orbit performance of the GPS IIR-M spacecraft and look forward to helping our customer with this initiative."

Lockheed Martin Space Systems, Valley Forge, Pa., is the prime contractor for the GPS IIR program. The company designed and built 21 IIR spacecraft for the Global Positioning Systems Wing, Space and Missile Systems Center, Los Angeles Air Force Base, Calif. The final eight spacecraft, designated Block IIR-M, were modernized to enhance operations and navigation signal performance for military and civilian GPS users around the globe. ITT supplied all 21 navigation payloads for both the IIR and IIR-M spacecraft.

The GPS constellation provides critical situational awareness and precision weapon guidance for the military. The worldwide system also supports a wide range of civil, scientific and commercial functions -- from air traffic control to the Internet -- with precision location and timing information.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2006 sales of $39.6 billion.

Media Contact: Steve Tatum, 408-742-7531; e-mail, Stephen.o.tatum@lmco.com.

Lockheed Martin

CONTACT: media, Steve Tatum of Lockheed Martin, +1-408-742-7531,
Stephen.o.tatum@lmco.com

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

Integral Vision, Inc. Announces SharpEye Upgrades for MEMS Displays

WIXOM, Mich., April 19 /PRNewswire-FirstCall/ -- Integral Vision, Inc. (BULLETIN BOARD: INVI) , a leading global supplier of automated display inspection technology, today announced that it has received additional orders from a major manufacturer of communication equipment for SharpEye(TM) inspection upgrades to be used for the production inspection of MEMS displays. Integral Vision's SharpEye(TM) product provides analysis of functional and cosmetic defects in the display to assure quality in the manufacturing process.

"We are extremely pleased with the production inspection equipment upgrades requested by our existing customer," said Charles J. Drake, chairman and CEO of Integral Vision, Inc. "These upgrades reaffirm the confidence already placed in our inspection tools by the customer and enable them to be production ready for color MEMS displays. We are very excited about this opportunity as this new technology is expected to fit into the substantial handheld market."

About Integral Vision

Integral Vision, Inc. (BULLETIN BOARD: INVI) , an ISO 9001 registered firm, offers display inspection technology that provides analysis of functional and cosmetic defects in the display to assure quality in the manufacturing process as well as verification of the final product. Integral Vision has been inspecting displays since 1992 and is an industry leader committed to providing automated solutions to the quality issues Microdisplay, OLED and LCD manufacturers face in today's competitive marketplace. More information can be found at Website: http://www.iv-usa.com/.

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

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such factors and uncertainties include, but are not limited to: competitive conditions in the Company's markets and the effect of competitive products and pricing; technological development by the Company, its customers and its competition; the Company's available cash and access to debt and equity financing; and general economic conditions and conditions in the specific industries in which the company has significant customers. As a result, the Company's results may fluctuate. Additional information concerning risk factors that could cause actual results to differ materially from those projected in the forward-looking statements are contained in the Company's filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's best estimates as of the date of this press release. The Company assumes no obligation to update such estimates except as required by the rules and regulations of the Securities and Exchange Commission.

Integral Vision, Inc.

CONTACT: Charles J. Drake of Integral Vision, Inc., +1-248-668-9230,
cdrake@iv-usa.com; or Investors and Media, Laura Guerrant of Guerrant
Associates, +1-808-882-1467, lguerrant@guerrantir.com, for Integral Vision,
Inc.

Web site: http://www.iv-usa.com/

Shanda to Present at JP Morgan's China Conference 2007

SHANGHAI, China, April 19 /Xinhua-PRNewswire/ -- Shanda Interactive Entertainment Limited , or Shanda, a leading interactive entertainment media company in China, announced today that it would present at the JP Morgan's China Conference 2007.

The conference will be held from April 25 to April 27, 2007 at the Grand Hyatt Hotel in Beijing, China. Mr. Jun Tang, Shanda's President, and Mr. Frank Liang, Shanda's Director of Corporate Financing and Investor Relations, are scheduled to present on April 27, 2007.

About Shanda Interactive Entertainment Limited

Shanda Interactive Entertainment Limited is a leading interactive entertainment media company in China. Shanda offers a portfolio of diversified entertainment content including some of the most popular massively multi-player and casual online games in China, along with online chess and board games, network PC games and a variety of cartoons, literature works and music. Shanda's interactive entertainment platform attracts a large and loyal user base, of which more and more is coming from homes. Each user can interact with thousands of others and enjoy the interactive entertainment content that Shanda provides. Interaction enriches your life. For more information about Shanda, please visit http://www.snda.com/ .

For more information, please contact: Frank Liang Director of Corporate Financing and Investor Relations Shanda Interactive Entertainment Limited Tel: +86-21-5050-4740 (Shanghai) Email: IR@shanda.com.cn CCG Elite Crocker Coulson (investors) Tel: +1-310-231-8600 (USA) Email: crocker.coulson@ccgir.com Elaine Ketchmere (media) Tel: +1-310-231-8600 (USA) Email: elaine.ketchmere@ccgir.com

Shanda Interactive Entertainment Limited

CONTACT: Frank Liang, Director of Corporate Financing and Investor
Relations of Shanda Interactive Entertainment Limited, +86-21-5050-4740
(Shanghai), or IR@shanda.com.cn; or Crocker Coulson (investors),
+1-310-231-8600 (USA), or crocker.coulson@ccgir.com, or Elaine Ketchmere
(media), +1-310-231-8600 (USA), or elaine.ketchmere@ccgir.com, both of CCG,
for SNDA

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

David Browder Named Vice President of Business Development for CSC'S Defense Division

EL SEGUNDO, Calif., April 19 /PRNewswire/ -- Computer Sciences Corporation today announced that David Browder has been named vice president of business development for its North American Public Sector (formerly Federal Sector) business unit's Defense Division. Reporting to Mike Gaffney, president of North American Public Sector business development, Browder will be responsible for managing account teams as they identify, evaluate, qualify and pursue new opportunities for the company's divisions that support the U.S. Department of Defense.

Browder joined CSC in 2003 as a capture executive at the Federal Sector level, implementing winning strategies designed for specific business opportunities, and most recently served as the acting vice president for Federal Sector's Strategic Business Management organization, responsible for managing new business opportunities and proposal development operations. In addition, he led CSC's successful pursuit of the Product Lifecycle Management Plus and Expeditionary Combat Support System programs.

"David brings a unique combination of experience and insight in the defense sector that will enhance CSC's value propositions across this important market," said Gaffney. "He understands client needs and how information technology can deliver results and achieve operational objectives."

Prior to joining CSC, Browder held positions at a variety of firms, including Northrop Grumman and GRC International (now AT&T). Previously, he spent eight years on active duty with the U.S. Air Force as an instructor pilot and acquisition management officer.

Browder holds a bachelor of science degree in aeronautical engineering from the Air Force Academy and a master's of science degree in engineering management from the University of Dayton.

About CSC

Computer Sciences Corporation is a leading global information technology (IT) services company. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.

With approximately 77,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.7 billion for the 12 months ended Dec. 29, 2006. For more information, visit the company's Web site at http://www.csc.com/.

Computer Sciences Corporation

CONTACT: Caroline Longanecker, Manager, Communications, North American
Public Sector, +1-703-641-3260, clonganecker@csc.com, or Rich Venn, Media
Relations, Corporate, +1-310-615-3926, rvenn@csc.com, both of Computer
Sciences Corporation

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

J.D. Power and Associates Reports: Call Quality Plays an Increasingly Important Role in Customer Satisfaction With the Wireless Phone ExperienceT-Mobile Continues to Lead the Regional Customer Satisfaction Rankings

WESTLAKE VILLAGE, Calif., April 19 /PRNewswire/ -- As usage continuously increases and the number of new data-centric service offerings grow, call performance and network reliability are becoming more critical to wireless customers demanding consistent quality connections, according to the J.D. Power and Associates 2007 U.S. Wireless Regional Customer Satisfaction Index (CSI) Study(SM)-Volume 1 released today.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050527/LAF028LOGO-a )

The semiannual study measures customer satisfaction based on 42 specific service-related measures grouped into six key factors that impact overall wireless carrier performance. In order of importance, they are: call performance and reliability (32%); brand image (17%); cost of service (14%); service plan options (14%); billing (12%) and customer service (11%). Carriers are ranked across six regions in the United States: Northeast, Mid-Atlantic, Southeast, North Central, Southwest and West.

The study finds that the call performance and reliability factor has increased in importance from 26 percent of the overall satisfaction score in 2005 to 32 percent in 2007. Specifically, call quality issues such as echoes and timely notification of voice mail messages have received the most significant increase in importance. Subsequently, the customer service factor has become less critical in determining overall wireless satisfaction -- declining from 17 percent in 2005 to 11 percent in the 2007 study.

"It's no surprise that more carriers now advertise the importance of a reliable network as they try to differentiate themselves from the competition," said Kirk Parsons, senior director of wireless services at J.D. Power and Associates. "Wireless network quality is key in distinguishing carriers that meet and exceed the service expectations of their customers from those that do not. However, there is still room for improvement, as 31 percent of customers who contact their carrier with a problem complain of call quality issues, such as a high degree of dropped calls and initial disconnects."

T-Mobile ranks highest in all six regions (including three ties), performing particularly well in customer care, cost of service and billing. This is the fifth consecutive reporting period that the company has ranked highest across all six regions.

Verizon Wireless ties for the highest ranking in three regions: Mid-Atlantic, Southeast and North Central. Overall, the provider performs particularly well in call quality and brand image.

Alltel ranks highest in a tie in the Southeast Region, while U.S. Cellular and AT&T (formerly Cingular Wireless) tie for the highest ranking in the North Central region.

Study results by region are:

Northeast Region: T-Mobile ranks highest, performing particularly well in service plan options, customer service, cost of service and billing.

Mid-Atlantic Region: T-Mobile and Verizon Wireless rank highest in a tie. T-Mobile performs well in cost of service, service plan options and customer care, while Verizon Wireless receives high ratings from customers in call quality and brand image.

Southeast Region: Alltel, T-Mobile and Verizon Wireless rank highest in a three-way tie. Alltel performs well in billing, while T-Mobile receives high ratings in cost of service, service plan options and billing, and Verizon Wireless performs well in the call quality and brand image factors.

North Central Region: AT&T (formerly Cingular Wireless), T-Mobile, U.S. Cellular and Verizon Wireless tie to rank highest in customer satisfaction in the most competitive region in the study. AT&T performs above the regional average in cost of service, call quality and billing. T-Mobile receives high ratings from customers in cost of service and billing, while both U.S. Cellular and Verizon Wireless perform particularly well in call quality and customer care.

Southwest Region: T-Mobile ranks highest with strong performances in five of the six factors that determine overall satisfaction: customer service, service plan options, cost of service, brand image and billing.

West Region: T-Mobile ranks highest, performing particularly well in billing, service plan options, customer care and cost of service.

Volume 1 of the 2007 U.S. Wireless Regional Customer Satisfaction Index (CSI) Study is based on responses from 25,545 wireless users. The results are based on the two most recent reporting waves, which were conducted in September 2006 and January 2007. Visit http://jdpower.com/ to view customer satisfaction ratings for wireless service and carrier performance, call quality, customer care, retail sales and mobile phone handsets.

Regions and Carriers Evaluated Carrier Ranking (in alphabetical order) Highest in Satisfaction Northeast AT&T (formerly Cingular T-Mobile Wireless) Sprint Nextel T-Mobile Verizon Wireless Mid-Atlantic AT&T (formerly Cingular T-Mobile and Verizon Wireless* Wireless) Sprint Nextel T-Mobile Verizon Wireless Southeast Alltel Alltel, T-Mobile, Verizon Wireless* AT&T (formerly Cingular Wireless) Sprint Nextel T-Mobile Verizon Wireless North Central Alltel AT&T, T-Mobile, U.S. Cellular AT&T Sprint Nextel (formerly Cingular Wireless), Verizon T-Mobile Wireless* U.S. Cellular Verizon Wireless Southwest Alltel T-Mobile AT&T (formerly Cingular Wireless) Sprint Nextel T-Mobile Verizon Wireless West Alltel T-Mobile AT&T (formerly Cingular Wireless) Qwest Wireless Sprint Nextel T-Mobile Verizon Wireless * Tied for highest overall satisfaction performance.

Northeast Region includes: Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island and Vermont.

Mid-Atlantic Region includes: Delaware, District of Columbia, Maryland, New Jersey, Pennsylvania, Virginia and West Virginia.

Southeast Region includes: Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina and Tennessee.

North Central Region includes: Illinois, Indiana, Michigan, Ohio and Wisconsin.

Southwest Region includes: Arkansas, Kansas, Missouri, Oklahoma and Texas.

West Region includes: Arizona, California, Colorado, Idaho, Iowa, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oregon, Utah, South Dakota, Washington and Wyoming.

About J.D. Power and Associates

Headquartered in Westlake Village, Calif., J.D. Power and Associates is an ISO 9001-registered global marketing information services firm operating in key business sectors including market research, forecasting, performance improvement, training and customer satisfaction. The firm's quality and satisfaction measurements are based on responses from millions of consumers annually. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.

About The McGraw-Hill Companies:

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2006 were $6.3 billion. Additional information is available at http://www.mcgraw-hill.com/.

J.D. Power and Associates Media Relations Contacts: John Tews Jeff Perlman Troy, Mich. Westlake Village, Calif. (248) 312-4119 (805) 418-8976 john.tews@jdpa.com jeff.perlman@jdpa.com

No advertising or other promotional use can be made of the information in this release without the express prior written consent of J.D. Power and Associates. http://www.jdpower.com/corporate

Photo: http://www.newscom.com/cgi-bin/prnh/20050527/LAF028LOGO-a
PRN Photo Desk, photodesk@prnewswire.com J.D. Power and Associates

CONTACT: John Tews in Troy, Mich., +1-248-312-4119, john.tews@jdpa.com,
or Jeff Perlman in Westlake Village, Calif., +1-805-418-8976,
jeff.perlman@jdpa.com, both of J.D. Power and Associates

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

EFJ, Inc. First Quarter 2007 Earnings Call Scheduled for May 1st

IRVING, Texas, April 19 /PRNewswire-FirstCall/ -- EFJ, Inc. announced that it has scheduled an investor conference call for 9:00 a.m. Eastern Time on Tuesday, May 1, 2007 to discuss its financial results for the first quarter of 2007.

The call will be available via 888-515-2781. Participants are urged to call in to the conference call at least 10 minutes prior to the start time. Replays of the call will be available starting at 12:00 p.m. ET on Wednesday, May 2nd and continuing until 12:00 Midnight Monday, May 7, 2007. The replay number is 888-203-1112, and the reservation number is 5544680.

The call will be accessible via webcast at http://www.vcall.com/ by clicking EFJI under "Today's VCalls." Investors are advised to go to the website at least 15 minutes prior to the call to register, download and install any necessary audio software. The call will be archived for 90 days.

About EFJ, Inc.

EFJ, Inc. is the Irving, Texas based parent company to industry-leading secure wireless and private wireless solution businesses. EFJ, Inc. is home to 3e Technologies International a leading provider of FIPS validated wireless data infrastructure and software with interoperable security; the EFJohnson Company, one of the first developers of Project 25 mobile communications products and solutions and Transcrypt International, a leader in secure solutions to protect sensitive voice communications. For more information, visit http://www.efji.com/.

EFJ, Inc.

CONTACT: Jana Bell of EFJ, Inc., +1-972-819-0900, jbell@efji.com

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

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