/C O R R E C T I O N -- Valeo Management Services/

PARIS, April 24 /PRNewswire/ -- In the news release, "Valeo First Quarter 2007 Results" issued on 24 Apr 2007 18:19 GMT, by Valeo Management Services OTC:VLEEY over PR Newswire, we are advised by a representative of the company that the second paragraph, second sentence should have read "Excluding the impact of exchange rates (-2%) and perimeter changes (-0.5%), growth was 2% and reached 5% in the aftermarket" rather than "Excluding the impact of exchange rates (-0.5%) and perimeter changes (-2%), growth was 2% and reached 5% in the aftermarket" as incorrectly transmitted by PR Newswire. Complete, corrected release follows:

Following today's meeting of its Board of Directors, Valeo presented its consolidated accounts for the first quarter 2007.

In millions of euros 1 January - 31 March (non audited) 2007 2006 change Total operating revenues 2,640 2,654 -0.5% Gross margin 396 415 -4.6% % of sales 15.2% 15.8% -0.6pt Operating income 79 61 +29.5% % of total revenues 3.0% 2.3% +0.7pt Net income (attributable to 33 23 +43.5% shareholders) % of total revenues 1.3% 0.9% +0.4pt Basic earnings per share (in 0.42 0.29(X) +44.8% euros) (X) of which -0.02 euro for non-strategic activities

Group results for first quarter 2007

In the first quarter of 2007 Valeo's total operating revenues were 2,640 million euros, down 0.5% versus the first quarter 2006. Excluding the impact of exchange rates (-2%) and perimeter changes (-0.5%), growth was 2% and reached 5% in the aftermarket.

The quarterly gross margin was 396 million euros (15.2% of sales) as compared with 415 million euros (15.8% of sales) in 2006, representing a fall of 4.6%. The gross negative impact of the rise in raw material prices was 2.2 margin points.

The Group's operating income increased by 29.5% to 79 million euros (3.0% of total operating revenues) versus 61 million euros (2.3%) in the first quarter 2006. This performance reflects a reduction in net research and development expenditure and selling and administrative expenses and the favorable outcome of a commercial litigation.

Basic earnings per share was up by 44.8% to 0.42 euro versus 0.29 euro for the first quarter 2006.

At 31 March 2007, Valeo's net financial debt was 966 million euros, compared to 1,072 million euros at 31 March 2006. The debt-to-equity ratio was 54%, down by five points as compared with 31 March 2006.

Highlights

- Valeo continued its expansion in Asia with the opening of sites in Puzan, Korea (Engine Cooling) and Foshan, China (Lighting Systems).

- The Group received several awards from customers, including five from Toyota Europe, in particular the Superior Performance Award in Quality and an EcoTech award from PSA Peugeot Citroen.

- The Volkswagen Touran, equipped with Valeo's Park4U(TM) system which enables a driver to park the car automatically in less than 15 seconds, was launched in the European market during the quarter.

- Just after the end of the quarter, Valeo Raytheon was awarded a 2007 PACE Award in Detroit for its Blind Spot Detection System. This is the Group's third consecutive PACE Award following those received for the StARS micro-hybrid system in 2006 and the LaneVue(TM) Lane Departure Warning System in 2005.

Outlook

In line with its outlook, Valeo anticipates a drop in European and North American automotive production in the second quarter. For the full year the Group expects an improvement in its operating margin due in particular to increasing automotive production levels and ongoing rigorous management.

Moreover, the Group continues to examine the indications of interest which it has received. The market will be informed at the appropriate time of any eventual developments.

Valeo is an independent industrial group dedicated to the design, production and sale of components, integrated systems and modules for cars and trucks. It is one of the world's leading automotive suppliers. The Group has 131 production sites, 68 R&D centers, 9 distribution platforms, and employs 71,100 people in 29 countries worldwide.

For all additional information, please contact:

Kate Philipps, Group Communications Director, Tel: +33-1-40-55-20-65

Rémy Dumoulin, Investor Relations Director, Tel: +33-1-40-55-29-30

For more information about the Group and its activities, please visit our web site www.valeo.com

Valeo Management Services

For all additional information, please contact: Kate Philipps, Group Communications Director, Tel: +33-1-40-55-20-65, Rémy Dumoulin, Investor Relations Director, Tel: +33-1-40-55-29-30

RF Micro Devices Delivers Record March Quarterly RevenueFiscal Year Revenue In Excess of $1 Billion is Company RecordQuarterly Highlights:- Quarterly Revenue Totaled $257.3 Million- Cash Flow From Operations Totaled $58.2 Million- GAAP Diluted Earnings Per Share Equaled $0.14- Non-GAAP Diluted Earnings Per Share Equaled $0.13

GREENSBORO, N.C., April 24 /PRNewswire-FirstCall/ -- RF Micro Devices, Inc. , a global leader in the design and manufacture of high-performance radio systems and solutions for applications that drive mobile communications, today reported financial results for its fiscal 2007 fourth quarter ended March 31, 2007. Quarterly revenue grew approximately 13.9% year-over-year and declined approximately 8.5% sequentially to $257.3 million. Operating income totaled $21.4 million, on a GAAP basis, and $25.7 million, on a non-GAAP basis. RFMD's March 2007 quarterly results reflected unit volume strength at the world's leading handset manufacturers.

Business Unit Comments Cellular - RFMD maintained leadership in next-generation power amplifiers in the March 2007 quarter and currently expects sequential growth in the June 2007 quarter in both EDGE and WCDMA power amplifiers - RFMD currently anticipates quarterly sales of GaAs pHEMT cellular switches will increase sequentially - RFMD currently anticipates follow-on business at an existing POLARIS(TM) customer, including the EDGE path of a 3G multimode platform - RFMD currently expects its next-generation POLARIS(TM) 3 RF solution will ramp at a new POLARIS(TM) customer in the second half of calendar 2007 Wireless Connectivity - RFMD increased sales of wireless LAN front ends for handsets and other applications in the March 2007 quarter and expects sequential growth in wireless LAN front ends in the June 2007 quarter - RFMD experienced increased design activity with leading mobile device manufacturers related to its proprietary GPS technology - Customer evaluation of newly introduced multi-market GaAs pHEMT switches demonstrated low loss and superior linearity, as a result of both process and design Infrastructure - RFMD commenced its first shipments of gallium nitride (GaN) devices to a top-tier military supplier - RFMD anticipates additional shipments and customer orders of GaN devices in the current quarter - RFMD anticipates product launch of its GaAs pHEMT multi-market low noise amplifiers (LNAs) in the current quarter

GAAP and non-GAAP financial measures are presented in the tables below, and non-GAAP financial measures are reconciled to the corresponding GAAP financial measures in the financial statement portion of this press release.

GAAP RESULTS (in millions, except % % percentages Q4 Q3 Change Q4 Change and per share Fiscal Fiscal vs. Q3 Fiscal vs. Q4 data) 2007 2007 2007 2006 2006 Revenue $257.3 $281.1 (8.5)% $225.9 13.9% Gross Margin 35.2% 35.8% (0.6)ppt 33.6% 1.6ppt Operating Income (Loss) $ 21.4 $ 66.1 (67.6)% $(1.7) 1,369% Net Income (Loss) $ 30.1 $ 59.3 (49.2)% $(1.6) 2,021% Diluted EPS (LPS) $ 0.14 $ 0.26 (48.5)% $(0.01) 1,745% NON-GAAP RESULTS (excluding share-based compensation, amortization,

discontinuation of WLAN chipset development efforts, impairment charge, gain

on sale of substantially all Bluetooth(R) assets, restructuring charges related to sale of Bluetooth(R) assets and the tax effect on certain non-GAAP

adjustments) (in millions, except % % percentages Q4 Q3 Change Q4 Change and per share Fiscal Fiscal vs. Q3 Fiscal vs. Q4 data) 2007 2007 2007 2006 2006 Gross Margin 35.7% 36.1% (0.4)ppt 35.0% 0.7ppt Operating Income $25.7 $35.2 (27.0)% $ 19.8 30.1% Net Income $29.2 $34.3 (15.0)% $ 19.9 46.8% Diluted EPS $0.13 $0.16 (14.9)% $ 0.09 42.2% Financial Guidance And Business Outlook

RFMD anticipates strong overall unit demand for cellular handsets and believes handset market share continues to be consolidated by its largest customers.

Consistent with guidance provided on March 28, 2007, RFMD expects that forecasted unit reductions at a major customer, coupled with RFMD's high per- unit dollar content at this customer, will significantly impact its near-term financial results. Longer term, RFMD believes it will benefit as handset inventories are reduced and as forecasts and shipments increase. Additionally, RFMD expects it will increase its dollar content at additional customers through sales of complete RF solutions as well as complementary components for cellular front ends and other high-growth markets.

- Current forecasts for the June 2007 quarter indicate a sequential decline in RFMD's POLARIS(TM) solution sales, partially offset by increased sales of EDGE and WCDMA power amplifiers and transmit modules, wireless LAN front ends and GaN devices - Revenue in the June 2007 quarter is currently expected to be in the range of $215 million to $230 million - Quarterly GAAP net income in the June 2007 quarter is currently expected to be in the range of $0.00 to $0.02 per diluted share, including estimated non-cash share-based compensation expense and non-cash amortization of intangibles of approximately $3.6 million in the aggregate - Quarterly non-GAAP net income is currently expected to be in the range of $0.02 to $0.04 per diluted share, excluding non-cash share-based compensation expense and non-cash amortization of intangibles - RFMD currently expects modest sequential quarterly revenue growth to resume in the September 2007 quarter and continue through the balance of calendar 2007, followed by an acceleration of growth in calendar 2008 as existing design wins ramp in multiple markets

The methodology used by RFMD to estimate non-cash share-based compensation expense does not factor in items such as new grants, terminations or amounts that may be capitalized in inventory, and the methodology used to estimate intangible amortization assumes no additional intangible assets are recorded. As a result, RFMD does not estimate the impact of non-cash share-based compensation expense on gross margin or operating expenses and will provide this information with its June 2007 quarterly results. Accordingly, actual quarterly results may differ from these estimates, and such differences may be material.

Comments From Management

Bob Bruggeworth, president and CEO of RF Micro Devices, said, "RF Micro Devices is winning opportunities to grow its dollar content in mobile devices as they increase in complexity and require additional high-performance RF content. Our investments in transceivers, pHEMT switches, filters, DC-to-DC converters, integrated shielding, MEMS switches, module assembly, wafer manufacturing and systems-level expertise have positioned our Company to help our customers -- and our channel partners alike -- to eliminate complexity, improve performance, reduce costs and speed time to market.

"We are winning follow-on business with our lead POLARIS(TM) RF solution customer, and we expect our revenue with this customer will return to growth in the September quarter. Additionally, our POLARIS(TM) 3 RF solution is on track to ramp in the second half of calendar 2007, which will expand our POLARIS(TM) RF solution customer base to include an additional top-tier handset manufacturer. Beyond our core cellular market, we expect high margin, diversified revenue growth in fiscal 2008, driven by sales of our GaN devices, wireless LAN front ends, GPS solutions and multi-market products.

"RFMD is aggressively investing in opportunities for diversified growth and evaluating strategic options to bolster revenue and earnings contribution. We expect modest growth through calendar year 2007 and an acceleration of growth beginning in calendar year 2008, as our world-class RF solutions ramp at cellular and non-cellular customers."

Dean Priddy, CFO and vice president, finance and administration of RF Micro Devices, said, "In the June quarter, we expect that a significant volume reduction at our lead POLARIS(TM) RF solution customer will impact our financial results. We expect the impact to be temporary, however, and our investment plans remain unchanged. New multi-year platform opportunities have been won at our lead POLARIS(TM) RF solution customer, and we remain on track to transition another top-tier customer into a higher dollar content status in the second half of calendar 2007.

"RFMD's balance sheet was enhanced by the Company's strong performance in fiscal 2007 and by our recently completed $375 million convertible note offering. We believe our healthy balance sheet gives RFMD a strategic edge to both streamline the supply chain in our cellular business and jumpstart our diversification efforts. Both of these opportunities are sharply focused on long term margin and earnings accretion."

Non-GAAP Financial Measures

In addition to disclosing financial results calculated in accordance with United States (U.S.) generally accepted accounting principles (GAAP), the Company's earnings release contains the following non-GAAP financial measures: (i) non-GAAP gross margin, (ii) non-GAAP operating income, (iii) non-GAAP net income, and (iv) non-GAAP net income per diluted share. Each of these non- GAAP financial measures are adjusted from GAAP results to exclude certain expenses that are outlined in the "Reconciliation of GAAP to Non-GAAP Financial Measures" table on page 10.

In managing the Company's business on a consolidated basis, management develops an annual operating plan, which is approved by our Board of Directors, using non-GAAP financial measures. In developing and monitoring performance against this plan, management considers the actual or potential impacts on these non-GAAP financial measures from actions taken to reduce unit costs with the goal of increasing gross margin. In addition, management relies upon these non-GAAP financial measures to assess whether research and development efforts are at an appropriate level, and when making decisions about product spending, administrative budgets, and marketing programs. In addition, the Company believes that non-GAAP financial measures provide useful supplemental information to investors and enable investors to analyze the results of operations in the same way as management. The Company has chosen to provide this supplemental information to enable investors to perform additional comparisons of operating results and to analyze financial performance excluding the effect of certain non-cash expenses, unusual items and share-based compensation expense, which may obscure trends in the Company's underlying performance.

We believe that these non-GAAP financial measures offer an additional view of the Company's operations that, when coupled with the GAAP results and the reconciliations to corresponding GAAP financial measures, provide a more complete understanding of the Company's results of operations and the factors and trends affecting the Company's business. However, these non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, or superior to, the corresponding measures calculated in accordance with GAAP.

The Company's rationale for using these non-GAAP financial measures, as well as their impact on the presentation of the Company's operations, are outlined below:

Non-GAAP gross margin. Non-GAAP gross margin excludes share-based compensation expense and amortization of intangible assets. The Company believes that exclusion of these costs in presenting non-GAAP gross margin gives management and investors a more effective means of evaluating its historical performance and projected costs and the potential for realizing cost efficiencies. The Company believes that the majority of its purchased intangibles are not relevant to analyzing current operations because they generally represent costs incurred by the acquired company to build value prior to acquisition, and thus are effectively part of transaction costs rather than ongoing costs of operating the Company's business. In this regard, the Company notes that (i) once the intangibles are fully amortized, the intangibles will not be replaced with cash costs and therefore, the exclusion of these costs provide management and investors with better visibility into the actual costs required to generate revenues over time, and (ii) although the Company sets the amortization expense based on useful life of the various assets at the time of the transaction, the Company cannot influence the timing and amount of the future amortization expense recognition once the lives are established. Similarly, the Company believes that presentation of non-GAAP gross margin and other non-GAAP financial measures that exclude the impact of share-based compensation expense assists management and investors in evaluating the period-over-period performance of the Company's ongoing operations because (i) the expenses are non-cash in nature, and (ii) although the size of the grants is within the Company's control, the amount of expense varies depending on factors such as short-term fluctuations in stock price volatility and prevailing interest rates, which can be unrelated to the operational performance of the Company during the period in which the expense is incurred and generally is outside the control of management. Moreover, the Company believes that the exclusion of share-based compensation expense in presenting non-GAAP gross margin and other non-GAAP financial measures is useful to investors to understand the impact of the expensing of share-based compensation to the Company's gross margins and other financial measures in comparison to both prior periods as well as to its competitors.

The Company believes disclosure of non-GAAP gross margin has economic substance because the excluded expenses do not represent continuing cash expenditures and, as described above, the Company has little control over the timing and amount of the expenses in question.

Non-GAAP operating income. Non-GAAP operating income excludes share-based compensation expense, amortization of intangible assets, gain on sale of substantially all of our Bluetooth(R) assets and related restructuring charges, and adjustments associated with the discontinuation of our WLAN chipset development efforts. The Company believes that presentation of a measure of operating income that excludes amortization of intangible assets and share-based compensation expense is useful to both management and investors for the same reasons as described above with respect to our use of non-GAAP gross margin. The Company believes that the gain on sale of substantially all of our Bluetooth(R) assets and related restructuring charges, as well as the expenses and adjustments associated with the discontinuation of our WLAN chipset development efforts, do not constitute part of its ongoing operations and therefore, the exclusion of these costs provides management and investors with better visibility into the actual costs required to generate revenues over time and gives management and investors a more effective means of evaluating our historical and projected performance. The Company believes disclosure of non-GAAP operating income has economic substance because the excluded expenses are either non-recurring in nature or do not represent current cash expenditures.

Non-GAAP net income and non-GAAP net income per diluted share. Non-GAAP net income and non-GAAP net income per diluted share exclude the effects of share-based compensation expense, amortization of intangible assets, gain on sale of substantially all of our Bluetooth(R) assets and related restructuring charges, adjustments associated with the discontinuation of our WLAN chipset development efforts, investment impairment and also reflect an adjustment of income tax expense associated with the exclusion of certain of these non-GAAP adjustments. The Company believes that presentation of measures of net income and net income per diluted share that exclude these items is useful to both management and investors for the reasons described above with respect to non- GAAP gross margin and non-GAAP operating income. The Company believes disclosure of non-GAAP net income and non-GAAP net income per diluted share has economic substance because the excluded expenses are either non-recurring in nature, do not represent current cash expenditures, or are variable in nature and thus unlikely to become recurring expenses.

Limitations of non-GAAP financial measures. The primary material limitations associated with the use of non-GAAP gross margin, non-GAAP operating income, non-GAAP net income and non-GAAP net income per diluted share as compared to the most directly comparable GAAP financial measures of gross margin, operating income, net income and net income per diluted share is (i) they may not be comparable to similarly titled measures used by other companies in the Company's industry, and (ii) they exclude financial information that some may consider important in evaluating our performance. The Company compensates for these limitations by providing full disclosure of the differences between these non-GAAP financial measures and the corresponding GAAP financial measures, including a reconciliation to the corresponding GAAP financial measures, to enable investors to perform their own analysis of our gross margin, operating income, net income and net income per diluted share.

RF Micro Devices will conduct a conference call at 5:00 p.m. EDT today to discuss today's press release. The conference call will be broadcast live over the Internet and can be accessed by any interested party at http://www.earnings.com/ or http://www.rfmd.com/ (under Investor Info). A telephone playback of the conference call will be available approximately one hour after the call's completion by dialing 303-590-3000 and entering pass code 11087658.

About RFMD

RF Micro Devices, Inc. is a global leader in the design and manufacture of high-performance radio systems and solutions for applications that drive mobile communications. RFMD's power amplifiers, transmit modules, cellular transceivers and system-on-chip (SOC) solutions enable worldwide mobility, provide enhanced connectivity and support advanced functionality in current- and next-generation mobile handsets, cellular base stations, wireless local area networks (WLANs), wireless personal area networks (WPANs) and global positioning systems (GPS). Recognized for its diverse portfolio of state-of-the-art semiconductor technologies and vast RF systems expertise, RFMD is a preferred supplier enabling the world's leading mobile device manufacturers to deliver advanced wireless capabilities that satisfy current and future market demands.

Headquartered in Greensboro, N.C., RFMD is an ISO 9001- and ISO 14001- certified manufacturer with worldwide engineering, design, sales and service facilities. RFMD is traded on the NASDAQ Global Select Market under the symbol RFMD. For more information, please visit RFMD's web site at http://www.rfmd.com/.

This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws. RF Micro Devices' business is subject to numerous risks and uncertainties, including variability in quarterly operating results, the rate of growth and development of wireless markets, risks associated with the operation of our wafer fabrication facilities, molecular beam epitaxy facility, assembly facility and test and tape and reel facilities, our ability to attract and retain skilled personnel and develop leaders, variability in production yields, our ability to reduce costs and improve gross margins by implementing innovative technologies, our ability to bring new products to market, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, dependence on a limited number of customers, and dependence on third parties. These and other risks and uncertainties, which are described in more detail in RF Micro Devices' most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward- looking statements.

RF MICRO DEVICES(R) and RFMD(R) are trademarks of RFMD, LLC. All other trade

names, trademarks and registered trademarks are the property of their respective owners. Tables To Follow RF MICRO DEVICES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited) Three Months Ended March 31, 2007 April 1, 2006 Total revenue $257,270 $225,885 Costs and expenses: Cost of goods sold(1) 166,704 149,902 Research and development(1) 47,095 52,034 Marketing and selling(1) 12,963 16,080 General and administrative(1) 8,448 9,505 Other operating expense (1) 625 53 Total costs and expenses(1) 235,835 227,574 Operating income (loss) 21,435 (1,689) Other income 2,047 654 Income (loss) before income taxes $23,482 $(1,035) Income tax benefit (expense) 6,651 (533) Net income (loss) $30,133 $(1,568) Net income (loss) per share, diluted $0.14 $(0.01) Weighted average outstanding diluted shares 228,937 189,599

(1) As a result of our adoption of SFAS 123(R) on April 2, 2006, share- based compensation expense of approximately $0.9 million, $1.1 million, $0.6 million, $0.6 million, and $0.0 million is included in cost of goods sold, research and development, marketing and selling, general and administrative and other operating expense, respectively, for the three months ended March 31, 2007. For the three months ended April 1, 2006, share-based compensation and variable accounting expense of approximately $3.0 million, $11.1 million, $4.2 million, $2.6 million, and $0.0 million is included in cost of goods sold, research and development, marketing and selling, general and administrative and other operating expense, respectively.

RF MICRO DEVICES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) Twelve Months Ended March 31, 2007 April 1, 2006 (Unaudited) (Audited) Total revenue $1,023,615 $770,247 Costs and expenses: Cost of goods sold(1) 666,755 501,224 Research and development(1) 184,979 168,858 Marketing and selling(1) 53,863 52,121 General and administrative(1) 37,301 29,589 Other operating income (1) (33,834) (251) Total costs and expenses(1) 909,064 751,541 Operating income 114,551 18,706 Impairment of Jazz Semiconductor, Inc. investment (33,959) - Other income 5,807 1,505 Income before income taxes $86,399 $20,211 Income tax expense (2,983) (3,881) Net income $83,416 $16,330 Net income per share, diluted $0.39 $0.08 Weighted average outstanding diluted shares 226,513 192,781

(1) As a result of our adoption of SFAS 123(R) on April 2, 2006, share- based compensation expense of approximately $4.7 million, $5.6 million, $3.7 million, $7.0 million, and $0.1 million is included in cost of goods sold, research and development, marketing and selling, general and administrative and other operating income, respectively, for the twelve months ended March 31, 2007. For the twelve months ended April 1, 2006, share-based compensation and variable accounting expense of approximately $3.8 million, $12.3 million, $5.5 million, $3.5 million, and $0.0 million is included in cost of goods sold, research and development, marketing and selling, general and administrative and other operating income, respectively.

RF MICRO DEVICES, INC. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In thousands, except per share data) (Unaudited) Three Months Ended March 31, December 30, April 1, 2007 2006 2006 GAAP operating income (loss) 21,435 66,069 (1,689) Share-based compensation expense 3,088 3,320 20,943 Amortization of intangible assets 567 484 457 Gain on sale of Bluetooth(R) assets (67) (36,311) - Restructuring charges related to sale of Bluetooth(R) assets 668 1,752 - Discontinuation of WLAN chipset development efforts (adjustment) 26 (100) 53 Non-GAAP operating income 25,717 35,214 19,764 GAAP net income (loss) 30,133 59,326 (1,568) Impairment of Jazz investment 94 - - Share-based compensation expense 3,088 3,320 20,943 Amortization of intangible assets 567 484 457 Gain on sale of Bluetooth(R) assets (67) (36,311) - Restructuring charges related to sale of Bluetooth(R) assets 668 1,752 - Tax effect on certain Non-GAAP adjustments (5,316) 5,872 - Discontinuation of WLAN chipset development efforts (adjustment) 26 (100) 53 Non-GAAP net income 29,193 34,343 19,885 Plus: Income impact of assumed conversions for interest on 1.50% convertible notes 1,015 977 1,060 Non-GAAP net income plus assumed conversion of notes- Numerator for diluted income per share $30,208 $35,320 $20,945 GAAP weighted average outstanding diluted shares 228,937 227,852 189,599 Adjustments: Diluted stock options - - 6,002 Assumed conversion of 1.50% convertible notes - - 30,144 Non-GAAP weighted average outstanding diluted shares 228,937 227,852 225,745 Non-GAAP net income per share, diluted $0.13 $0.16 $0.09 GAAP gross margin percentage 35.2% 35.8% 33.6% Adjustment for share-based compensation 0.3% 0.3% 1.3% Adjustment for intangible amortization 0.2% 0.0% 0.1% Non-GAAP gross margin percentage 35.7% 36.1% 35.0% RF MICRO DEVICES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) March 31, April 1, 2007 2006 (Unaudited) (Audited) ASSETS Current assets: Cash and cash equivalents $211,023 $81,588 Short-term investments 107,689 68,949 Accounts receivable, net 102,307 115,715 Inventories 112,975 116,782 Other current assets 46,445 31,887 Total current assets 580,439 414,921 Property and equipment, net 373,455 341,293 Goodwill 114,897 117,218 Investment in Jazz Semiconductor, Inc. - 59,265 Long-term investments 617 584 Intangible assets, net 8,486 10,849 Other assets 11,740 3,191 Total assets $1,089,634 $947,321 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable and accrued liabilities $108,929 $102,772 Other short-term liabilities, net 4,287 260 Total current liabilities 113,216 103,032 Long-term debt, net 245,709 226,876 Other long-term liabilities 11,042 18,056 Total liabilities 369,967 347,964 Shareholders' equity: Total shareholders' equity 719,667 599,357 Total liabilities and shareholders' equity $1,089,634 $947,321

RF Micro Devices, Inc.

CONTACT: Dean Priddy, Chief Financial Officer, +1-336-931-7975, or
Douglas DeLieto, VP, Investor Relations, +1-336-931-7968, both of RF Micro
Devices; or Joe Calabrese of Financial Relations Board, +1-212-827-3772

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

LogicVision Reports First Quarter 2007 Financial ResultsCash Exceeds Guidance

SAN JOSE, Calif., April 24 /PRNewswire-FirstCall/ -- LogicVision, Inc. , a leading provider of silicon test and yield learning solutions, today announced its financial results for the first quarter of 2007, ended March 31, 2007.

First Quarter 2007 Results

Revenues in the first quarter of 2007 were $2.6 million, compared with $2.7 million in the fourth quarter of 2006.

Net loss in the first quarter of 2007 was $1.2 million, or $0.05 per share, compared with a net loss of $1.4 million, or $0.07 per share, reported in the fourth quarter of 2006.

Gross margins in the first quarter were 71 percent, the same as in the fourth quarter of 2006.

Operating expenses were $3.2 million in the first quarter, including $170,000 of stock-based employee compensation charges in accordance with SFAS 123 ( R ). This compares with $3.4 million of operating expenses in the fourth quarter of 2006, including $59,000 of stock-based employee compensation charges in accordance with SFAS 123 ( R ).

At March 31, 2007, LogicVision had $7.1 million in cash, cash equivalents and investments, compared with $9.2 million at December 31, 2006. The company has no bank debt.

New orders received during the first quarter totaled $2.7 million. The company exited the first quarter with a 12-month backlog of $8.6 million, compared with a 12-month backlog of $8.3 million at the end of the fourth quarter.

"In the first quarter, revenues and net loss were within the guidance range we forecasted on our last earnings conference call, and cash exceeded our guidance. We were again able to lower our operating expenses this quarter, making this the eighth consecutive quarter of reduced operating expenses," said James T. Healy, president and CEO of LogicVision.

"We booked three new accounts in the first quarter -- SanDisk, Micron Technology and a new division of Sharp in Japan. In addition, we amended a contract with Matsushita and expect to start eight new evaluations during the second quarter. We are seeing increasing interest for our products to replace internal solutions as well as part of a bundled solution, and are also having successes in broadening the adoption of our solutions within existing customers," said Mr. Healy.

Guidance for the Second Quarter of 2007 -- Revenues are expected to be in the range of $2.7 million to $3.0 million. -- Net loss is expected to be in the range of $1.0 million to $1.2 million or a net loss in the range of $0.04 to $0.05 per share. -- Cash, cash equivalents and investments are expected to be approximately $5 million at the end of the second quarter. Conference Call

LogicVision will broadcast its conference call discussion of first quarter 2007 financial results today, April 24, 2007 at 2 p.m. Pacific time. To listen to the call, please dial 888-566-5772, pass code: "LogicVision." A taped replay will be made available approximately one hour after the conclusion of the call and will remain available for one week. To access the replay, dial 203-369-0638. The LogicVision financial results conference call will be available via a live web cast on the investor relations section of the company's web site at http://www.logicvision.com/. An archived web cast of the call will be available at http://www.logicvision.com/ for one year.

About LogicVision, Inc.

LogicVision, Inc. provides unique test and yield learning capabilities in the design for manufacturing space. These capabilities enable its customers, leading semiconductor companies, to more quickly and efficiently learn to improve product yields. The company's advanced Design for Test (DFT) product line, ETCreate, works together with ETAccess and Yield Insight yield learning applications to enable increased profit by reducing device field returns, reducing test costs, and accelerating both time to market and time to yield. LogicVision solutions are used in the development of semiconductor ICs for products ranging from digital consumer goods to wireless communications devices and satellite systems. LogicVision was founded in 1992 and is headquartered in San Jose, Calif. For more information visit http://www.logicvision.com/.

FORWARD LOOKING STATEMENTS

Except for the historical information contained herein, the matters set forth in this press release, including statements as to the Company's outlook, the number of expected evaluation starts for the second quarter, interest for the Company's products, successes in adoption of the Company's solutions, and the Company's expected financial results, including revenues, net loss, and cash, cash equivalents and investments are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including, but not limited to, the possibility that orders could be modified, cancelled or not renewed, the ability of the Company to negotiate and sign customer agreements and obtain purchase orders, trends in capital spending in the semiconductor industry, the timing and nature of customer orders, whether customers accept the Company's new and existing products, the impact of competitive products and alternative technological advances, and other risks detailed in LogicVision's Annual Report on Form 10-K for the year ended December 31, 2006 and from time to time in LogicVision's SEC reports. These forward-looking statements speak only as of the date hereof. LogicVision disclaims any obligation to update these forward-looking statements.

LogicVision, Embedded Test and LogicVision logos are trademarks or registered trademarks of LogicVision, Inc. in the United States and other countries. All other trademarks and service marks are the property of their respective owners.

- Summary financial data follows - LOGICVISION, INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except per share data) March 31, December 31, 2007 2006 ASSETS Current Assets: Cash and cash equivalents $4,891 $7,087 Short-term investments 2,209 2,155 Accounts receivable, net of allowance for doubtful accounts of $12 and $6, respectively 1,211 615 Prepaid expenses and other current assets 1,268 1,226 Total current assets 9,579 11,083 Property and equipment, net 630 743 Intangible assets, net 125 178 Goodwill 6,846 6,846 Other long-term assets 496 641 Total assets $17,676 $19,491 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $216 $308 Accrued liabilities 1,780 2,008 Deferred revenue, current portion 4,885 5,089 Total current liabilities 6,881 7,405 Deferred revenue - 285 Total liabilities 6,881 7,690 Commitments and contingencies Stockholders' Equity: Preferred stock, $0.0001 par value: Authorized: 5,000 shares; Issued and outstanding: no shares issued and outstanding - - Common stock, $0.0001 par value: Authorized: 125,000 shares; Issued and outstanding: 24,122 shares at March 31, 2007 and 24,081 shares at December 31, 2006 2 2 Additional paid-in capital 108,054 107,860 Accumulated other comprehensive income (loss) 3 - Accumulated deficit (97,264) (96,061) Total stockholders' equity 10,795 11,801 Total liabilities and stockholders' equity $17,676 $19,491 LOGICVISION, INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) Three Months Ended March 31, 2007 2006 Revenues: License $1,105 $1,219 Service 1,525 1,130 Total revenues 2,630 2,349 Cost of revenues: License 231 257 Service 523 424 Total cost of revenues 754 681 Gross profit 1,876 1,668 Operating expenses: Research and development 955 1,087 Sales and marketing 1,301 1,880 General and administrative 912 964 Total operating expenses 3,168 3,931 Loss from operations (1,292) (2,263) Interest and other income, net 105 72 Loss before provision for income taxes (1,187) (2,191) Provision for income taxes 16 57 Net loss $(1,203) $(2,248) Net loss per common share, basic and diluted $(0.05) $(0.12) Weighted average number of shares outstanding, basic and diluted 24,108 18,921

LogicVision, Inc.

CONTACT: Bruce M. Jaffe, Vice President & CFO, +1-408-453-0146, or
InvestorRelations@logicvision.com

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

ANADIGICS Announces First Quarter ResultsFirst Quarter 2007 net sales of $49.6 million, ($50.1 million including discontinued operations); up 2.3% sequentially and 43% from year ago quarterFirst Quarter net loss per share of $0.02 (including $0.02 loss per share from discontinued operations); and income from continuing operations of $0.08 per share on a pro forma basis

WARREN, N.J., April 24 /PRNewswire-FirstCall/ -- ANADIGICS, Inc. , a leading supplier of wireless and broadband communications solutions, reported first quarter 2007 net sales of $49.6 million, an increase of 2.3% compared with net sales of $48.5 million in the prior quarter, and an increase of 43% compared to net sales of $34.7 million in the year ago quarter, reflecting the exclusion of net sales of $0.5 million for first quarter 2007, $0.7 million for fourth quarter 2006, and $1.0 million for first quarter 2006 attributable to the discontinued operations of Telcom Devices, Inc.(a fiber optic subsidiary) sold in April 2007.

Net loss, including discontinued operations, was $1.2 million, or $0.02 per share, compared with net loss of $0.1 million, or $0.00 per share, in the prior quarter, and net loss of $4.6 million, or $0.12 per share, in the year ago quarter. Pro forma income from continuing operations for the first quarter 2007, which excludes non-cash stock compensation expense, was $3.7 million or $0.08 per share.

"I am very pleased with ANADIGICS performance in the first quarter bucking typical seasonality" said Dr. Bami Bastani, President and Chief Executive Officer of ANADIGICS. "We are positioned for growth in the attractive Broadband wireless and wireline markets, and have announced our plans to jointly build, with Kunshan New and Hi-Tech Industrial Development Zone, the first world class GaAs wafer fab in China."

As of March 31, 2007 cash and short and long-term marketable securities totaled $179.2 million compared with $83.5 million as of December. The increase of $95.7 million resulted primarily from the proceeds received from the public offering of common stock completed on March 14, 2007.

"Our continued improving financial results highlight a richer product mix and the latest public common stock offering that strengthens our balance sheet," said Tom Shields, Executive Vice President and Chief Financial Officer. "The focus on core products balanced with continued strong market demand is expected to further strengthen our financial leverage."

Outlook for the Second Quarter 2007

Net sales for the second quarter 2007 are expected to grow 5% to 7% sequentially. Net sales within this expected range would represent a 33% to 35% increase on a comparable basis with second quarter 2006 (excluding net sales of $0.9 million on discontinued operations for the second quarter 2006). Net income per share on a GAAP basis for the second quarter 2007 is expected to approximate $0.01 to $0.02 which, on a pro forma basis, excluding non-cash stock compensation expense, approximates $0.09 to $0.10 per share on an estimated weighted average common shares outstanding of 56.3 million.

The statements regarding outlook are forward looking and actual results may differ materially. Please see safe harbor statement at the end of the press release.

This press release includes financial measures that are not in accordance with GAAP, consisting of non-GAAP, or pro forma, net income or loss and non- GAAP, or pro forma, income or loss per share. Management uses non-GAAP net income or loss and non-GAAP income or loss per share to evaluate the company's operating and financial performance in light of business objectives and for planning purposes. ANADIGICS believes that these measures are useful to investors because they enhance investors' ability to review the company's business from the same perspective as the company's management and facilitate comparisons of this period's results with prior periods. These non-GAAP measures exclude charges related to equity-based compensation and discontinued operations. These financial measures are not in accordance with GAAP and may differ from non-GAAP methods of accounting and reporting used by other companies. The presentation of this additional information should not be considered a substitute for net loss or loss per share prepared in accordance with GAAP. Reconciliations of reported net loss and reported loss per share to non-GAAP net income or loss and non-GAAP income or loss per share, respectively, are included at the end of this press release.

Conference Call

ANADIGICS' senior management will conduct a conference call today at 5:00 PM Eastern time. A live audio Webcast will be available at http://www.anadigics.com/. A recording of the call will be available approximately two hours after the end of the call on the ANADIGICS Web site or by dialing (800) 909-5202 (available until May 1).

Recent Highlights February 13 - ANADIGICS Extends HELP3(TM) Family with Dual-Band WCDMA PA

February 14 - ANADIGICS Expands WiMAX Amplifier Portfolio to Include Solutions for Mobile Applications

February 28 - ANADIGICS Announces Public Offering of Common Stock March 5 - ANADIGICS Launches Complete 3G HSPA Transmit Modules

March 14 - ANADIGICS Completes Public Offering of 8,625,000 Shares of Common Stock

March 29 - ANADIGICS Introduces Revolutionary ZeroIC(TM) CDMA Power Amplifiers

April 2 - ANADIGICS divests the assets of Telcom Devices Inc. (fiber optic wholly-owned subsidiary)

April 3 - ANADIGICS Website Redesign Delivers Improved Functionality

April 9 - ANADIGICS and Kunshan New and Hi-Tech Industrial Development Zone to Jointly Build a GaAs Wafer Fabrication Facility in China and Expected to Be Operational In the First Half of 2009

About ANADIGICS, Inc.

ANADIGICS, Inc. is a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets. The Company's products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components, which can be sold individually or packaged as integrated radio frequency and front end modules.

Safe Harbor Statement

Except for historical information contained herein, this press release contains projections and other forward-looking statements (as that term is defined in the Securities Exchange Act of 1934, as amended). These projections and forward-looking statements reflect the Company's current views with respect to future events and financial performance and can generally be identified as such because the context of the statement will include words such as "believe", "anticipate", "expect", or words of similar import. Similarly, statements that describe our future plans, objectives, estimates or goals are forward-looking statements. No assurances can be given, however, that these events will occur or that these projections will be achieved and actual results and developments could differ materially from those projected as a result of certain factors. Important factors that could cause actual results and developments to be materially different from those expressed or implied by such projections and forward-looking statements include those factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including the Company's annual report on Form 10-K for the year ended December 31, 2005, and those discussed elsewhere herein.

ANADIGICS, INC. Condensed Consolidated Balance Sheets (Amounts in thousands) March 31, 2007 December 31, 2006 Assets (Unaudited) Current assets: Cash and cash equivalents $65,560 $13,706 Marketable securities 103,918 60,892 Accounts receivable 29,682 26,707 Inventory 17,726 19,701 Prepaid expenses and other current assets 5,126 2,632 Assets of discontinued operations (1) 934 1,429 Total current assets 222,946 125,067 Marketable securities 9,759 8,884 Plant and equipment, net 48,035 41,259 Goodwill and other intangibles, net of amortization 5,918 5,929 Other assets 1,342 1,463 $288,000 $182,602 Liabilities and stockholders' equity Current liabilities: Accounts payable $19,301 $17,879 Accrued liabilities 4,656 5,588 Accrued restructuring costs 0 0 Current portion of long-term debt 0 0 Capital lease obligations 317 312 Liabilities of discontinued operations (1) 562 252 Total current liabilities 24,836 24,031 Other long-term liabilities 3,326 3,348 Long-term debt 38,000 38,000 Long-term capital lease obligations 1,384 1,463 Stockholders' equity 220,454 115,760 $288,000 $182,602 (1) On April 2, 2007, the Company disposed of the assets of its subsidiary, Telcom Devices, Inc. * The condensed balance sheet at December 31, 2006 has been derived from the audited financial statements at such date but does not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. ANADIGICS, INC. Consolidated Statements of Operations (Amounts in thousands, except per share amounts) Three months ended March 31, 2007 April 1, 2006 (Unaudited) (Unaudited) Net sales $49,573 $34,695 Cost of sales 33,287 25,289 Gross profit 16,286 9,406 Research and development expenses 9,738 8,006 Selling and administrative expenses 7,359 5,264 Operating loss (811) (3,864) Interest income 1,240 863 Interest expense (625) (1,288) Loss from continuing operations (196) (4,289) Loss from discontinued operations (1) (965) (348) Net loss $(1,161) $(4,637) Basic and diluted loss per share Loss from continuing operations $0.00 $(0.11) Loss from discontinued operations (1) $(0.02) $(0.01) Net loss $(0.02) $(0.12) Weighted average common and dilutive securities outstanding 48,314 38,376 Unaudited Reconciliation of GAAP to Pro Forma Non-GAAP Financial Measures GAAP net loss $(1,161) $(4,637) Stock compensation expense in continuing operations Cost of sales 900 299 Research and development 1,500 568 Selling, general and administrative 1,476 545 Loss from discontinued operations (1) 965 348 Pro forma income (loss) $3,680 $(2,877) Pro forma basic income (loss) per share $0.08 $(0.07) (1) The loss from discontinued operations of $965 reflects the divestiture of Telcom Devices, Inc., comprising $490 from the loss on sale and $475 loss from operations in the first quarter 2007 and $348 loss from operations in the first quarter 2006.

ANADIGICS, Inc.

CONTACT: Press, Chuck Manners, of Godfrey, +1-717-393-3831, or fax,
+1-717-393-1403, or chuck@godfrey.com; or Corporate, Jennifer Palella,
+1-908-668-5000, or fax, +1-908-412-5978, or jpalella@anadigics.com, or
Investors, Thomas Shields, +1-908-412-5995, or tshields@anadigics.com, both of
ANADIGICS, Inc.

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

Comarco Announces Fiscal 2007 Fourth Quarter and Full Year Results Release and Conference Call Date

LAKE FOREST, Calif., April 24 /PRNewswire-FirstCall/ -- Comarco, Inc. , announced today that it will release financial results for the fourth quarter and full year of fiscal 2007, which ended January 31, 2007, before the market opens on Monday, April 30, 2007. The Company will host a conference call and webcast on Monday, April 30, 2007 at 11:00 a.m. Pacific Time to discuss the Company's fiscal fourth quarter results, and current corporate developments. The dial-in number for the conference call is 800-366- 7449 for domestic participants and 303-262-2141 for international participants.

A taped replay of the conference call will also be available beginning approximately one hour after the call's conclusion and will remain available for seven days. It can be accessed by dialing 800-405-2236 for domestic callers and 303-590-3000 for international callers, both using passcode 11089003#. To access the live webcast of the call, visit Comarco's website at http://www.comarco.com/. An archived webcast will also be available at http://www.comarco.com/.

About Comarco

Based in Lake Forest, Calif., Comarco is a leading provider of wireless test solutions for field test applications, ChargeSource(R) universal mobile power products and wireless emergency call box systems. The Company's Web sites can be found at http://www.comarco.com/ and http://www.chargesource.com/.

Comarco, Inc.

CONTACT: Company Contacts: Tom Franza, President and CEO,
+1-949-599-7440, or tfranza@comarco.com, or Dan Lutz, Vice President and CFO,
+1-949-599-7556, or dlutz@comarco.com, both of Comarco, Inc.; or Investor
Contacts: Douglas Sherk, dsherk@evcgroup.com, or Jenifer Kirtland,
jkirtland@evcgroup.com, both of EVC Group, Inc., +1-415-896-6820

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

CheckFree Reports Fiscal 2007 Third Quarter Results

ATLANTA, April 24 /PRNewswire-FirstCall/ -- CheckFree Corporation today announced third quarter underlying revenue of $241.2 million, and Generally Accepted Accounting Principles (GAAP) revenue of $230.2 million. Underlying revenue for the quarter excludes a charge for the value of warrants earned by a customer during the quarter. These revenues represent 6 percent and 1 percent growth over the same quarter of last year on an underlying- and GAAP-basis, respectively. The Company's underlying net income was $44.0 million, or $0.49 per share, and GAAP net income for the quarter was $30.0 million, or $0.33 per share. Free cash flow was $57.5 million for the third quarter as outlined in Attachment A.

Underlying Results: Underlying net income for the third quarter was $44.0 million, compared to $40.1 million for the same quarter of last year. Underlying earnings per share were $0.49 for the third quarter of fiscal 2007, compared to $0.43 per share for the third quarter of last year. Underlying revenue for the third quarter of fiscal 2007 excludes an $11.0 million charge for the value of one million performance-based warrants earned by a customer. Underlying net income and earnings per share for the third quarter of fiscal 2007 exclude the amortization of acquisition-related intangible assets; the above-described impact of warrants earned by a customer; acquisition-related integration costs; and the SFAS 123( R ) impact of stock options issued prior to July 1, 2004, all net of related income tax benefits. Underlying net income and earnings per share for the third quarter of fiscal 2006 exclude the amortization of acquisition-related intangible assets; the SFAS 123( R ) impact of options issued prior to July 1, 2004; the historical effect of discontinued operations on revenue and net income on all periods reported, resulting from a divestiture in the March 2006 quarter; and their related combined tax benefits. A reconciliation of CheckFree's quarterly and nine- month underlying results to its GAAP results is included in Attachment A.

GAAP Results: Net income for the third quarter of fiscal 2007 was $30.0 million, compared to net income of $37.7 million for the same quarter last year. Earnings per share were $0.33 for the third quarter of fiscal 2007, compared to earnings per share of $0.40 for the third quarter of last year. Net cash provided by operating activities was $64.7 million for the third quarter of fiscal 2007, compared to $72.5 million for the same period last year.

"We continue to manage the balance between operations and sales execution and investment in our long-term growth initiatives," said Pete Kight, CheckFree Chairman and Chief Executive Officer. "For the quarter, our Electronic Commerce Division reported good growth in bank-based transactions and e-bill distribution and our Investment Services Division reported solid increases in core accounts under management, while our Software business fell short of its expected sales levels."

Third Quarter Highlights

During the third quarter of fiscal 2007, the Company reported that the Electronic Commerce Division processed 340.9 million transactions, representing an overall sequential transaction growth rate of 6 percent. Consumer Service Provider (CSP) transactions at banks, credit unions and other financial institutions increased 7 percent sequentially and non-CSP transactions increased 1 percent.

CheckFree Investment Services continued to report more than 2.6 million portfolios under management, compared to almost 2.2 million in the third quarter of fiscal 2006, representing an 18 percent year-over-year increase.

During the quarter, the Software Division announced its agreement to acquire Carreker Corporation, a Dallas, Texas-based payments software and consulting company, and consummated the acquisition on April 2. Also in the quarter, the Electronic Commerce Division announced its intent to acquire Corillian Corporation , a Hillsboro, Oregon-based Internet banking software and services company. The Company currently anticipates that the acquisition will close in the second calendar quarter of 2007, following the requisite approval by Corillian's shareholders, the expiration or termination of the antitrust waiting period and the satisfaction or waiver of all other closing conditions. However, the timing of the closing may be affected by an early termination of the antitrust waiting period or the issuance of any additional requests for information from the Department of Justice Antitrust Division.

Refer to Attachment B for details on the financial performance of CheckFree's divisions in the third quarter of fiscal 2007, and Attachment C for electronic billing and payment metrics.

Financial Outlook for the Fourth Quarter and the Fiscal Year

"For the fourth quarter, we expect sequential transaction growth from the CSP channel of 1 to 3 percent and a negative 3 to negative 1 percent change from our non-CSP channel," said David Mangum, CheckFree Chief Financial Officer. "Given our performance in new sales in Electronic Commerce in the third quarter, we have reduced our new sales and new customer conversion expectations for the fourth quarter. In addition, while we expect a solid fourth quarter for revenue in our Software Division, we no longer believe we will achieve our targeted full-year license sales goal."

"As a result, excluding the Carreker acquisition, we now expect full-year GAAP earnings per share in the range of $1.46 to $1.48, and underlying earnings per share in the range of $1.86 to $1.88," he said. "We expect free cash flow of about $190 million, and continue to expect CSP-channel transaction growth for the year to remain in the mid-20 percent range and a total transaction growth percentage in the mid-teens."

"For the fourth quarter of the fiscal year, also excluding the Carreker acquisition, we expect GAAP and underlying revenues between $245 and $250 million, earnings per share in the range of $0.48 to $0.50 on an underlying basis, and earnings per share in the range of $0.40 to $0.42 on a GAAP basis," continued Mangum.

"We expect Carreker to add between $24 and $26 million of underlying revenue and be about 2 to 3 cents dilutive to underlying earnings per share for both the quarter and the year, and modestly dilutive to free cash flow," said Mangum. "We are in the process of finalizing our purchase accounting for the Carreker acquisition. Based on current purchase accounting estimates, which we will true up for fiscal year end reporting, we expect Carreker to add between $12 and $14 million of GAAP revenue and to be about 14 to 15 cents dilutive to GAAP earnings per share for the quarter and the year."

"For the full-year, inclusive of the Carreker acquisition, we expect GAAP earnings per share in the range of $1.31 to $1.34, underlying earnings per share in the range of $1.83 to $1.86, and free cash flow of about $185 million," continued Mangum. "Each of our expectations including Carreker will be trued up after our purchase accounting processes are complete."

"Our full-year expectations do not include any impact of the pending Corillian acquisition," concluded Mangum.

The difference between GAAP and underlying revenue expectations for the fourth quarter of fiscal 2007 is due to a decrease in the value of the deferred revenue liability acquired with Carreker expected to result from a required purchase accounting revaluation. The difference between GAAP and underlying earnings expectations for fiscal 2007 and the fourth quarter of fiscal 2007 is due to expected acquisition-related intangible amortization expenses; a purchase accounting reduction in the value of the deferred revenue acquired with Carreker; the SFAS 123( R ) impact of options issued prior to July 1, 2004; acquisition-related integration costs and the related income tax charges or benefits from each of the foregoing.

Conference Call on the Internet

CheckFree will broadcast its conference call at 5 p.m. EDT today to review financial results for the third quarter and its expectations for the fourth quarter and for fiscal 2007. Participants should dial 1-877-232-1067 any time after 4:45 p.m. EDT and ask for the CheckFree conference call. The live conference call will be accessible through the Investor Center section of the CheckFree website at http://www.checkfreecorp.com/. A digital replay of the call will be available on the CheckFree website after 7 p.m. EDT.

About CheckFree (http://www.checkfreecorp.com/)

Founded in 1981, CheckFree Corporation provides financial electronic commerce services and products to organizations around the world. CheckFree Electronic Commerce solutions enable thousands of financial services providers and billers to offer the convenience of receiving and paying household bills online, via phone or in person through retail outlets. CheckFree Investment Services provides a broad range of investment management solutions and outsourced services to hundreds of financial services organizations, which manage about $1.8 trillion in assets. CheckFree Software develops, markets and supports payment processing solutions that are used by financial institutions to process more than two-thirds of the 14 billion Automated Clearing House transactions in the United States, and supports reconciliation, exception management, risk management, transaction process management, corporate actions processing, and compliance within thousands of organizations worldwide.

Certain of the Company's statements in this press release are not purely historical, and as such are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements regarding management's intentions, plans, beliefs, expectations or projections of the future, and include statements regarding the Company's proposed acquisition of Corillian, as well as the Company's forecasts and expectations of revenue for fiscal 2007 and the fourth quarter of fiscal 2007, earnings per share for fiscal 2007 and the fourth quarter of fiscal 2007, sequential and full-year transaction growth, the general performance of the Company's divisions for fiscal 2007 and the fourth quarter of fiscal 2007, free cash flow for fiscal 2007 as a whole, and our expectations for fiscal 2007 and fourth quarter of fiscal 2007 based on current purchase accounting estimates for the Carreker acquisition (paragraphs 4, 7, 9, 10, 11, 12, 13, 14 and 15). Forward-looking statements involve risks and uncertainties, including without limitation, the various risks inherent in the Company's business, and other risks and uncertainties detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended June 30, 2006 (filed September 8, 2006); Quarterly Report on Form 10-Q for the quarter ended September 30, 2006 (filed November 8, 2006); and Quarterly Report on Form 10-Q for the quarter ended December 31, 2006 (filed February 8, 2007). Further, with respect to the proposed acquisition of Corillian, although the Company and Corillian have signed an agreement for a subsidiary of the Company to merge with and into Corillian, there is no assurance that they will complete the proposed merger. The proposed merger may not occur if the companies do not receive necessary approval of Corillian's shareholders, or if it is blocked by a governmental agency, or if either Corillian or the Company fail to satisfy other conditions to closing. One or more of these factors have affected, and could in the future affect the Company's business and financial results in future periods, and could cause actual results to differ materially from plans and projections. There can be no assurance that the forward-looking statements made in this press release will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by the Company, or any other person, that the objectives and plans of the Company will be achieved. All forward-looking statements made in this press release are based on information presently available to management, and the Company assumes no obligation to update any forward-looking statements.

CHECKFREE CORPORATION AND SUBSIDIARIES Consolidated Condensed Statements of Operations (Unaudited) (In thousands, except per share data) Three Months Ended Nine Months Ended March 31, March 31, 2007 2006 2007 2006 Revenues: Processing and servicing $199,315 $192,786 $595,568 $563,143 License fees 9,076 9,479 30,471 24,859 Maintenance fees 11,857 11,078 35,311 30,707 Professional fees 9,960 13,584 34,637 35,755 Total revenues 230,208 226,927 695,987 654,464 Expenses: Cost of processing, servicing and support 98,197 91,351 284,956 253,026 Research and development 25,870 26,038 78,931 72,865 Sales and marketing 21,085 22,107 66,630 61,272 General and administrative 18,980 16,219 54,158 48,777 Depreciation and amortization 21,517 22,349 64,629 77,749 Total expenses 185,649 178,064 549,304 513,689 Income from continuing operations 44,559 48,863 146,683 140,775 Equity in net loss of joint venture (264) (973) (1,186) (2,447) Interest income, net 3,238 3,011 9,228 8,383 Income from continuing operations before income taxes 47,533 50,901 154,725 146,711 Income tax expense 17,513 18,720 58,211 55,180 Income from continuing operations 30,020 32,181 96,514 91,531 Income from discontinued operations before income taxes - 13,056 - 14,311 Income tax expense on discontinued operations - 7,581 - 8,064 Income from discontinued operations - 5,475 - 6,247 Net income $30,020 $37,656 $96,514 $97,778 Basic income per share: Income per share from continuing operations $0.34 $0.35 $1.09 $1.01 Income per share from discontinued operations $ - $0.06 $ - $0.07 Total basic income per share $0.34 $0.41 $1.09 $1.08 Weighted average number of shares 87,437 91,257 88,472 90,883 Diluted income per share: Income per share from continuing operations $0.33 $0.34 $1.06 $0.98 Income per share from discontinued operations $ - $0.06 $ - $0.07 Total diluted income per share $0.33 $0.40 $1.06 $1.05 Weighted average number of shares 89,858 94,199 91,041 93,533 CHECKFREE CORPORATION AND SUBSIDIARIES Consolidated Condensed Balance Sheets (Unaudited) (In thousands) March 31, June 30, 2007 2006 Current assets: Cash, cash equivalents and investments $337,505 $317,613 Settlement assets 128,365 107,128 Accounts receivable, net 157,834 146,605 Prepaid expenses and other assets 31,545 39,810 Deferred income taxes 5,463 7,311 Total current assets 660,712 618,467 Property and equipment, net 122,211 100,217 Capitalized software and intangible assets, net 876,396 906,767 Investments 59,309 78,559 Other noncurrent assets 10,215 8,779 Deferred income taxes 58,414 45,240 Total assets $1,787,257 $1,758,029 Current liabilities: Accounts payable, accrued liabilities and other $89,601 $92,100 Settlement obligations 124,004 103,732 Deferred revenue 50,585 40,301 Total current liabilities 264,190 236,133 Accrued rent and other 4,483 3,844 Deferred income taxes 387 2,964 Deferred revenue 3,022 3,021 Capital leases and long-term obligations, less current portion 49,073 28,432 Total stockholders' equity 1,466,102 1,483,635 Total liabilities and stockholders' equity $1,787,257 $1,758,029 Attachment A Calculation of Free Cash Flow (Unaudited) (In thousands) Three Months Ended Nine Months Ended March 31, March 31, 2007 2006 2007 2006 Net cash provided by operating activities $64,708 $72,539 $171,190 $172,801 Excluding: Net change in settlement accounts 1,057 (68) 965 2,194 Less: Capital expenditures (15,348) (10,175) (40,883) (33,817) Plus: Data center reimbursements 7,105 - 11,295 - Free cash flow $57,522 $62,296 $142,567 $141,178 Additional Information: Cash (used in)/provided by investing activities $(3,461) $(79,422) $12,104 $(87,487) Cash (used in)/provided by financing activities $11,481 $4,277 $(130,702) $17,591 Use of Non-GAAP Financial Information We supplement our reporting of cash flow information determined in accordance with Generally Accepted Accounting Principles in the United States of America ("GAAP") by using "free cash flow" in this earnings release as a measure to evaluate our liquidity. We define free cash flow as net cash provided by operating activities, exclusive of the net change in settlement accounts and less capital expenditures, plus data center reimbursements. We believe free cash flow provides useful information to management and investors in understanding our financial results and assessing our prospects for future performance. We also use free cash flow as a factor in determining long-term incentive compensation for senior management. We exclude the net change in settlement accounts from free cash flow because we believe this facilitates management's and investors' ability to analyze operating cash flow trends. In connection with our walk-in payment business, our consolidated balance sheet reflects settlement assets and settlement obligations. The settlement assets represent payment receipts in transit to us from agents, and the settlement obligations represent scheduled but unpaid payments due to billers. Balances in settlement accounts fluctuate daily based on deposit timing and payment transaction volume. These timing differences are not reflective of our liquidity, and thus, we exclude the net change in settlement accounts from free cash flow. As a technology company, we make significant capital expenditures in order to update our technology and to remain competitive. Our free cash flow reflects the amount of cash we generated that remains, after we have met those operational needs, for the evaluation and execution of strategic initiatives such as acquisitions, stock and/or debt repurchases and other investing and financing activities, including servicing additional debt obligations. During the fourth quarter of fiscal 2006, we entered into a credit facility to finance the construction of data centers. Amounts we spend to construct these data centers are included in our capital expenditures, but will be fully reimbursed by the credit facility. The reimbursements from the credit facility are added to our free cash flow measure because these expenditures do not impact our overall liquidity. The data center reimbursements line represents a change to our definition of free cash flow as of the quarter ended June 30, 2006. Free cash flow does not solely represent residual cash flow available for discretionary expenditures, as certain of our non- discretionary obligations are also funded out of free cash flow. These consist primarily of payments on capital leases and other long-term commitments, if any, as reflected in the table entitled "Contractual Obligations" in the "Liquidity and Capital Resources" section of "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained in our Annual Report on Form 10-K for the fiscal year ended June 30, 2006, which we filed with the Securities and Exchange Commission on September 8, 2006. The Company's free cash flow should be considered in addition to, and not as a substitute for, net cash provided by operating activities or any other amount determined in accordance with GAAP. Further, CheckFree's measure of free cash flow may not be comparable to similarly titled measures reported by other companies. Attachment A (continued) Reconciliation of GAAP to Underlying Net Income and Earnings Per Share (Unaudited) (In thousands, except per share data) Three Months Ended Nine Months Ended March 31, March 31, 2007 2006 2007 2006 Total revenues - GAAP $230,208 $226,927 $695,987 $654,464 Impact of warrants issued to a customer (1) 10,950 - 10,950 - Impact of discontinued operations (2) - 797 - 4,957 Total revenues - underlying $241,158 $227,724 $706,937 $659,421 Net income from continuing operations per GAAP $30,020 $32,181 $96,514 $91,531 Impact of discontinued operations (2) - 5,475 - 6,247 Net income per GAAP 30,020 37,656 96,514 97,778 Amortization of acquisition- related intangible assets 10,133 11,254 31,256 46,451 SFAS 123( R ) - Stock options issued before July 1, 2004 319 777 1,342 3,375 Impact of warrants issued to a customer (1) 10,950 - 10,950 - Integration costs associated with acquisitions 937 - 937 - Gain from discontinued operations, net of tax - (5,376) - (5,597) Tax benefit of underlying adjustments (8,315) (4,175) (16,792) (17,705) Underlying net income $44,044 $40,136 $124,207 $124,302 GAAP and underlying basic weighted average shares outstanding 87,437 91,257 88,472 90,883 GAAP and underlying impact of dilutive options and warrants 2,421 2,942 2,569 2,650 GAAP and underlying diluted weighted average shares outstanding 89,858 94,199 91,041 93,533 GAAP basic earnings per share $0.34 $0.41 $1.09 $1.08 GAAP diluted earnings per share $0.33 $0.40 $1.06 $1.05 Underlying basic earnings per share $0.50 $0.44 $1.40 $1.37 Underlying diluted earnings per share $0.49 $0.43 $1.36 $1.33 (1) See Page 10, footnote 3. (2) See Page 10, footnote 2. Use of Non-GAAP Financial Information We supplement our reporting of total revenues, income (loss) from operations, net income (loss) and earnings (loss) per share information determined in accordance with GAAP by using "underlying revenue," "underlying income (loss) from operations," "underlying net income (loss)" and "underlying earnings (loss) per share" in this earnings release. Management believes that certain non-cash adjustments to revenues or expenses enhance our evaluation of our performance, and are not pertinent to day-to-day operational decision making in the business. Therefore, we exclude these items from GAAP revenue, income (loss) from operations, net income (loss) and earnings (loss) per share in calculating underlying revenue, underlying income (loss) from operations, underlying net income (loss) and underlying earnings (loss) per share. Examples of such non-cash charges may include, but not be limited to, intangible asset amortization expense and in-process research and development costs associated with acquisitions, integration costs associated with acquisitions, charges associated with the impairment of intangible assets, the impact of discontinued operations, charges resulting from warrants issued to third parties, and charges associated with reorganization activities, all offset by the cumulative tax impact of these charges. We exclude these items in order to more clearly focus on the factors we believe are pertinent to the daily management of our operations, and our management uses underlying results to evaluate the impact of operational business decisions. We regularly report underlying results to our Chairman and Chief Executive Officer, our chief operating decision maker, who uses this information in allocating resources to our various business units. Additionally, as we reward our management for their decisions that increase revenues and decrease controllable costs, we use underlying revenues and underlying income (loss) from operations as factors in determining short-term incentive compensation for management, and use underlying revenues, underlying net income (loss) and underlying earnings (loss) per share as factors in determining long-term incentive compensation for management. Because we utilize underlying financial results in the management of our business and to determine incentive compensation for management, we believe this supplemental information is useful to investors for their independent evaluation and understanding of the performance of our management and our core business performance. Our underlying revenues, underlying income (loss) from operations, underlying net income (loss) and underlying earnings (loss) per share should be considered in addition to, and not as a substitute for, revenues, income (loss) from operations, net income (loss) or earnings (loss) per share or any other amount determined in accordance with GAAP. Our measures of underlying revenues, underlying income (loss) from operations, underlying net income (loss) and underlying earnings (loss) per share reflect management's judgment of particular items, and may not be comparable to similarly titled measures reported by other companies. Attachment A (continued) CHECKFREE CORPORATION AND SUBSIDIARIES Supplemental Underlying Consolidated Condensed Statements of Operations (Unaudited) (In thousands, except per share data) Three Months Ended Nine Months Ended March 31, March 31, 2007 2006 2007 2006 Revenues: Processing and servicing $210,265 $193,539 $606,518 $567,863 License fees 9,076 9,479 30,471 24,859 Maintenance fees 11,857 11,089 35,311 30,733 Other 9,960 13,617 34,637 35,966 Total revenues 241,158 227,724 706,937 659,421 Expenses: Cost of processing, servicing and support 98,119 91,186 284,629 252,388 Research and development 25,776 26,046 78,536 73,236 Sales and marketing 21,030 22,044 66,399 61,161 General and administrative 17,951 16,144 52,832 48,758 Depreciation and amortization 11,384 11,175 33,373 31,787 Total expenses 174,260 166,595 515,769 467,330 Income from operations 66,898 61,129 191,168 192,091 Equity in net loss of joint venture (264) (973) (1,186) (2,447) Interest income, net 3,238 3,011 9,228 8,383 Income before income taxes 69,872 63,167 199,210 198,027 Income tax expense 25,828 23,031 75,003 73,725 Net income $44,044 $40,136 $124,207 $124,302 Basic income per share: Net income $0.50 $0.44 $1.40 $1.37 Weighted average number of shares 87,437 91,257 88,472 90,883 Diluted income per share: Net income $0.49 $0.43 $1.36 $1.33 Weighted average number of shares 89,858 94,199 91,041 93,533 Attachment B Reconciliation of GAAP Results to Underlying Results by Segment (Unaudited) (In thousands) Three Months Ended Nine Months Ended March 31, March 31, 2007 2006 2007 2006 Electronic Commerce: Total revenues - GAAP $173,760 $169,438 $521,202 $496,187 Impact of warrants to a customer (3) 10,950 - 10,950 - Total revenues - underlying $184,710 $169,438 $532,152 $496,187 Operating income - GAAP $45,997 $50,066 $147,796 $149,796 Amortization of acquisition- related intangible assets 8,865 9,110 27,359 40,037 Impact of warrants to a customer (3) 10,950 - 10,950 - Integration costs related to acquistions 35 - 35 - SFAS 123( R ) - Stock options issued before July 1, 2004 (1) 232 563 976 2,449 Underlying operating income $66,079 $59,739 $187,116 $192,282 Investment Services: Total revenues - GAAP $30,743 $27,833 $90,002 $78,542 Impact of discontinued operations (2) - 797 - 4,957 Total revenues - underlying $30,743 $28,630 $90,002 $83,499 Operating income - GAAP $6,225 $3,323 $16,391 $10,290 Amortization of acquisition- related intangible assets 484 547 1,452 1,508 SFAS 123( R ) - Stock options issued before July 1, 2004 (1) 33 80 138 347 Impact of discontinued operations (2) - 235 - 1,490 Underlying operating income $6,742 $4,185 $17,981 $13,635 Software: Total revenues - GAAP and underlying $25,705 $29,656 $84,783 $79,735 Operating income - GAAP $1,673 $5,864 $13,836 $10,913 Amortization of acquisition- related intangible assets 784 1,597 2,445 4,906 Integration costs related to acquistions 902 - 902 - SFAS 123( R ) - Stock options issued before July 1, 2004 (1) 14 35 59 150 Underlying operating income $3,373 $7,496 $17,242 $15,969 Corporate: Operating loss - GAAP $(9,336) $(10,390) $(31,340) $(30,224) SFAS 123( R ) - Stock options issued before July 1, 2004 (1) 40 99 169 429 Underlying operating loss $(9,296) $(10,291) $(31,171) $(29,795) (1) At the beginning of fiscal 2005, we implemented a new long-term incentive compensation philosophy, which significantly reduced overall participation and focused on restricted stock with limited stock options. As a result, we recorded the cost of restricted stock throughout fiscal 2005 in both underlying and GAAP results. In fiscal 2006, we have adopted SFAS 123( R ), and are consequently recording all long-term incentive grants, both restricted stock and options, as an expense to both underlying and GAAP results. The adjustment from GAAP to underlying operating results in the table above reflects the SFAS 123( R ) charge associated with options granted prior to July 1, 2004 under our previous compensation philosophy, which were originally accounted for utilizing APB 25. (2) In the third quarter ended March 31, 2006, the divestiture of our M- Solutions business, a component of our Investment Services segment, created a unique situation for our presentation of underlying results versus GAAP results. SFAS 144, "Accounting for the Impairment or Disposal of Long-Lived Assets," requires us to report the results of operations from the disposed business, including any gain or loss on the sale, as an income statement item separately captioned "earnings from discontinued operations" on our GAAP basis unaudited condensed Statements of Operations. This treatment is required for all periods presented, not just the period in which the sale took place. In contrast, for purposes of our underlying results, we have excluded the gain on disposition in the current periods, and included the results of the M-Solutions business for the periods of time that we owned the business and for all of the prior periods presented. (3) In the third quarter ended March 31, 2007, a bank customer vested in 1,000,000 warrants as a result of achieving certain milestones. These warrants provide the customer the opportunity to purchase shares of CheckFree Corporation at an exercise price of $32.50, and were valued at $10.95 per warrant based on a Black-Scholes valuation. Attachment C Electronic Billing and Payment Metrics (in millions, except revenue/transaction and percentages) Quarter Ended 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 Transactions CSP: Revenue(1) $122.5 $116.8 $114.2 $111.8 $113.8 Revenue / Transaction $0.45 $0.46 $0.48 $0.49 $0.52 Transactions 269.6 251.5 235.7 227.5 217.3 Sequential Quarterly Growth 7% 7% 4% 5% 9% Non-CSP: Revenue $39.6 $38.3 $36.2 $34.4 $36.0 Revenue / Transaction $0.56 $0.54 $0.48 $0.46 $0.47 Transactions 71.2 70.5 76.0 74.7 76.0 Sequential Quarterly Growth 1% -7% 2% -2% 7% Total: Revenue $162.1 $155.1 $150.4 $146.2 $149.8 Transactions 340.9 322.0 311.7 302.2 293.3 Sequential Quarterly Growth 6% 3% 3% 3% 8% e-Bill Delivery Revenue $9.8 $8.7 $8.5 $8.0 $7.4 Revenue / e-Bill $0.17 $0.16 $0.16 $0.16 $0.16 e-Bills Delivered 58.7 54.9 51.8 50.0 46.7 Sequential Quarterly Growth 7% 6% 3% 7% 3% Other EC Revenue(2) $12.8 $12.6 $12.1 $12.3 $12.2 Other Performance Metrics Active Full Service Subscribers(3) 11.6 11.1 10.5 10.0 9.7 (1) CSP Revenue excludes the impact of warrants issued to a customer. (2) Other revenue includes Health and Fitness, Professional Services and Stored Value Products. (3) "Active" refers to subscribers who have viewed or paid a bill in the last 90 days at a Consumer Service Provider that outsources essentially all of its electronic billing and payment (EBP) functions to CheckFree.

CheckFree Corporation

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

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

Sun Microsystems Delivers Another Quarter of Growth and ProfitabilityReports Results for Third Quarter Fiscal Year 2007

SANTA CLARA, Calif., April 24 /PRNewswire-FirstCall/ -- Sun Microsystems, Inc. reported results today for its fiscal third quarter, which ended April 1, 2007.

Revenues for the third quarter of fiscal 2007 were $3.283 billion, an increase of 3.3 percent as compared with $3.177 billion for the third quarter of fiscal 2006. Total gross margin as a percent of revenues was 44.5 percent, an increase of 1.5 percentage points, as compared with the third quarter of fiscal 2006.

Net income for the third quarter of fiscal 2007 on a GAAP basis was $67 million, or $0.02 per share on a diluted basis, as compared with a net loss of $217 million, or ($0.06) per share, for the third quarter of fiscal 2006.

GAAP net income for the third quarter of fiscal 2007 included: $50 million of stock-based compensation charges, $35 million of restructuring and related impairment of assets charges, $75 million of purchase price accounting adjustments and intangible asset amortization charges related to acquisitions in fiscal 2006, benefits for $5 million of gain on equity investments, $54 million of settlement income and $8 million of related tax effects. The net impact of these six items reduced earnings per share on a diluted basis by approximately $0.02.

Cash generated from operations for the third quarter of fiscal 2007 was $175 million, and cash and marketable debt securities balance at the end of the quarter was $5.486 billion.

"With another quarter of profitability, we're seeing continued progress operationally, strategically and financially, and we remain committed to our fourth quarter goal of at least 4% operating profit," said Jonathan Schwartz, president and CEO of Sun Microsystems. "The performance in our Software and Services businesses confirms the broad appeal of our software offerings in the quarter, and we look forward to further extending the reach of the Solaris(TM) 10 Operating System and leveraging strong partnerships with AMD, Fujitsu and Intel. Along with disciplined financial execution, we're focused on growth and look forward to increased momentum in the fourth quarter, fueled by the continued rise of Java(TM), increased adoption of Solaris and the competitiveness of our core systems and storage innovations."

Sun has scheduled a conference call today to discuss its financial results for the third quarter fiscal year 2007 at 1:30 p.m. (PT), which is being broadcast live at http://www.sun.com/investors.

About Sun Microsystems, Inc.

A singular vision -- "The Network Is The Computer(TM)" -- guides Sun in the development of technologies that power the world's most important markets. Sun's philosophy of sharing innovation and building communities is at the forefront of the next wave of computing: the Participation Age. Sun can be found in more than 100 countries and on the Web at http://sun.com/.

This press release contains forward-looking statements regarding the future results and performance of Sun Microsystems, Inc., including statements regarding continued progress operationally, strategically and financially, Sun's commitment to its fourth quarter goal of at least 4% operating profit, extending the reach of the Solaris 10 Operating System, leveraging partnerships with AMD, Fujitsu and Intel, Sun's focus on growth, and increased momentum in the fourth quarter fueled by the continued rise of Java(TM), the increased adoption of Solaris and the competitiveness of Sun's core systems and storage innovations. These forward-looking statements involve risks and uncertainties and actual results could differ materially from those predicted in any such forward-looking statements. Factors that could cause Sun's actual results to differ materially from those contained in such forward-looking statements include: risks associated with developing, designing, manufacturing and distributing new products; lack of success in technological advancements; pricing pressures; lack of customer acceptance of new products; the possibility of errors or defects in new products; competition; adverse business conditions; failure to retain key employees; the cancellation or delay of projects; the cancellation of or delay in implementation of the alliance with Intel; Sun's reliance on single-source suppliers; risks associated with Sun's ability to purchase a sufficient amount of components to meet demand; inventory risks; risks associated with Sun's international customers and operations; delays in product development or customer acceptance and implementation of new products and technologies; Sun's dependence on significant customers and specific industries; and Sun's dependence on channel partners. Please also refer to Sun's periodic reports that are filed from time to time with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2006 and its Quarterly Reports on Form 10-Q for the fiscal quarters ended October 1, 2006 and December 31, 2006. Sun assumes no obligation to, and does not currently intend to, update these forward-looking statements.

To supplement Sun's consolidated financial statements presented in accordance with GAAP, Sun provides non-GAAP net income (loss) and non-GAAP net income (loss) per share data. The presentation of these non-GAAP financial measures should be considered in addition to Sun's GAAP results and is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. Sun's management believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance by excluding certain charges, gains and tax effects that may not be indicative of Sun's core business operating results. Sun believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing Sun's performance. These non-GAAP financial measures also facilitate comparisons to Sun's historical performance and its competitors' operating results. Sun includes these non-GAAP financial measures because management believes they are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. Non-GAAP measures are reconciled to comparable GAAP measures in the table entitled "Non-GAAP Calculation of Net Income (Loss) Excluding Special Items " following the text of this press release.

NOTE: Sun, Sun Microsystems, the Sun logo, Solaris, Java(TM) and The Network Is The Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries.

Investor Contact: Bret Schaefer 650-786-0123 bret.schaefer@sun.com Press Contact: Kathy Engle 415-294-4368 kathy.engle@sun.com Industry Analyst Contact: Melissa Selcher 650-787-1807 melissa.selcher@sun.com SUN MICROSYSTEMS, INC CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (in millions, except per share amounts) Three Months Nine Months Ended Ended April 1, March 26, April 1, March 26, 2007 2006 2007 2006 Net revenues: Products $2,060 $2,035 $6,279 $5,847 Services 1,223 1,142 3,759 3,393 Total net revenues 3,283 3,177 10,038 9,240 Cost of sales: Cost of sales-products (including stock-based compensation expense of $3, $3, $10 and $8) (1) 1,148 1,152 3,499 3,341 Cost of sales-services (including stock-based compensation expense of $8, $7, $24 and $21) (1) 674 658 2,086 1,909 Total cost of sales 1,822 1,810 5,585 5,250 Gross margin 1,461 1,367 4,453 3,990 Operating expenses: Research and development (including stock-based compensation expense of $15, $19, $49 and $54) (1) 514 523 1,494 1,503 Selling, general and administrative (including stock-based compensation expense of $24, $28, $83 and $79) (1) 957 1,020 2,893 2,904 Restructuring and related impairment of long-lived assets 35 36 82 58 Purchased in-process research and development - - - 60 Total operating expenses 1,506 1,579 4,469 4,525 Operating loss (45) (212) (16) (535) Gain on equity investments, net 5 4 5 31 Interest and other income, net 50 26 155 95 Settlement income 54 - 54 - Income (loss) before income taxes 64 (182) 198 (409) Provision (benefit) for income taxes (3) 35 54 154 Net income (loss) $67 $(217) $144 $(563) Net income (loss) per common share- basic $0.02 $(0.06) $0.04 $(0.16) Net income (loss) per common share- diluted $0.02 $(0.06) $0.04 $(0.16) Shares used in the calculation of net income (loss) per common share-basic 3,548 3,443 3,523 3,425 Shares used in the calculation of net income (loss) per common share- diluted 3,661 3,443 3,598 3,425 (1) For the three months ended April 1, 2007 and March 26, 2006 and the nine months ended April 1, 2007 and March 26, 2006, respectively. SUN MICROSYSTEMS, INC CONDENSED CONSOLIDATED BALANCE SHEETS (in millions) April 1, June 30, 2007 2006* (unaudited) ASSETS Current assets: Cash and cash equivalents $3,292 $3,569 Short-term marketable debt securities 822 496 Accounts receivable, net 2,458 2,702 Inventories 567 540 Deferred and prepaid tax assets 230 209 Prepaid expenses and other current assets 793 757 Total current assets 8,162 8,273 Property, plant and equipment, net 1,586 1,812 Long-term marketable debt securities 1,372 783 Goodwill 2,571 2,610 Other acquisition-related intangible assets, net 694 929 Other non-current assets, net 665 675 $15,050 $15,082 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Current portion of long-term debt and short-term borrowings $1 $503 Accounts payable 1,214 1,446 Accrued payroll-related liabilities 759 777 Accrued liabilities and other 941 1,190 Deferred revenues 1,895 1,988 Warranty reserve 225 261 Total current liabilities 5,035 6,165 Long-term debt 1,270 575 Long-term deferred revenues 589 506 Other non-current obligations 1,264 1,492 Total stockholders' equity 6,892 6,344 $15,050 $15,082 * Derived from audited financial statements SUN MICROSYSTEMS, INC CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited, in millions) Nine Months Ended April 1, March 26, 2007 2006 Cash flows from operating activities: Net income (loss) $144 $(563) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 388 440 Amortization of other acquisition related intangible assets 239 242 Deferred taxes (20) (9) Impairment of assets 16 - Gain on investments, net - (31) Stock-based compensation expense 166 162 Purchased in-process research and development - 60 Changes in operating assets and liabilities: Accounts receivable, net 265 229 Inventories (51) 30 Prepaid and other assets (13) 264 Accounts payable (222) (6) Other liabilities (427) (588) Net cash provided by operating activities 485 230 Cash flows from investing activities: Increase in restricted cash (4) (63) Purchases of marketable debt securities (2,465) (1,652) Proceeds from sales of marketable debt securities 1,041 4,038 Proceeds from maturities of marketable debt securities 523 289 Proceeds from sales of equity investments, net 8 17 Purchases of property, plant and equipment, net (73) (193) Acquisition of spare parts and other assets (91) (53) Payments for acquisitions, net of cash acquired (10) (3,150) Net cash used in investing activities (1,071) (767) Cash flows from financing activities: Purchase of hedge on convertible notes (83) - Proceeds from issuance of common stock, net 176 127 Proceeds from (principal payments on) borrowings and other obligations, net 216 - Net cash provided by financing activities 309 127 Net decrease in cash and cash equivalents (277) (410) Cash and cash equivalents, beginning of period 3,569 2,051 Cash and cash equivalents, end of period $3,292 $1,641 SUN MICROSYSTEMS, INC NON-GAAP CALCULATION OF NET INCOME (LOSS) EXCLUDING SPECIAL ITEMS (unaudited) (in millions, except per share amounts) Three Months Ended Nine Months Ended April 1, March 26, April 1, March 26, 2007 2006 2007 2006 Calculation of net income (loss) excluding special items: Net income (loss)*, ** $67 $(217) $144 $(563) Restructuring and related impairment of long-lived assets 35 36 82 58 Purchased in-process research and development - - - 60 Gain on equity investments, net (5) (4) (5) (31) Settlement income (54) - (54) - Related tax effects (8) (4) (19) (11) Net income (loss) excluding special items $35 $(189) $148 $(487) Net income (loss) excluding special items per common share - basic $0.01 $(0.06) $0.04 $(0.14) Net income (loss) excluding special items per common share - diluted $0.01 $(0.06) $0.04 $(0.14) Shares used in the calculation of net income (loss) excluding special items per common share - basic 3,548 3,443 3,523 3,425 Shares used in the calculation of net income (loss) excluding special items per common share - diluted 3,661 3,443 3,598 3,425 * Net income for the three and nine months ended April 1, 2007 included $50 million and $166 million of stock-based compensation expense included $57 million and $162 million of stock-based compensation expense or approximately $0.02 per share and $0.05 per share, respectively. ** Net income for the three and nine months ended April 1, 2007 included $75 million and $233 million of purchase price accounting adjustments and intangible asset amortization relating to our fiscal 2006 acquisitions or approximately $0.02 per share and $0.07 per share, respectively. Net loss for the three and nine months ended March 26, 2006 included $87 million and $354 million of purchase price accounting adjustments and intangible asset amortization relating to our fiscal 2006 acquisitions or approximately $0.03 per share and $0.10 per share, respectively.

Sun Microsystems, Inc.

CONTACT: Investor Contact: Bret Schaefer, +1-650-786-0123, or
bret.schaefer@sun.com; or Press Contact: Kathy Engle, +1-415-294-4368, or
kathy.engle@sun.com; or Industry Analyst Contact: Melissa Selcher,
+1-650-787-1807, or melissa.selcher@sun.com

Web site: http://sun.com/

Semitool Announces Second Quarter Results for Fiscal 2007

KALISPELL, Mont., April 24 /PRNewswire-FirstCall/ -- Semitool, Inc. , a leading manufacturer of wafer processing equipment for the semiconductor industry, today reported financial results for its second fiscal quarter ended March 31, 2007.

Second quarter revenue was $53.5 million versus revenue of $63.8 million in the second fiscal quarter a year ago. Gross margin improved to 49 percent versus 47 percent in the same quarter last year. Net income was $1.1 million, or $0.03 per share, versus net income of $3.6 million, or $0.11 per share, in last year's second quarter.

Second quarter net bookings were $37.8 million versus $50.9 million in the second quarter last year. Deferred revenue at the end of the quarter stood at $15.0 million and shipping backlog was $42.3 million, combining for a total revenue backlog of $57.3 million. Second quarter product shipments were $59.6 million.

"The shortfall in anticipated second quarter bookings was directly related to delays in customer capital spending plans," said Larry Murphy, president and chief operating officer. "In spite of these delays, we are doing an effective job of building our market share, as we continue to establish important relationships with most of our industry's largest capital equipment buyers. We also are gaining momentum with new customers in the expanding memory sector, and are encouraged by the long-term order opportunities these relationships represent.

"In the meantime, we have taken several steps to reduce costs and maintain our profitability," Murphy added. "In addition to salary cuts at the management level, we have reduced the size of our worldwide workforce by roughly seven percent."

Ray Thompson, chairman and chief executive officer, said, "I am encouraged by our efforts to reduce manufacturing costs and improve gross margins. Our management team has also done an effective job of aligning the size of the company to meet its current needs. As a successful global enterprise, we always take a broad view of our marketplace and are not driven by short-term performance fluctuations. I remain enthusiastic about Semitool's future, as we have achieved several recent breakthroughs in process development that are specifically directed at 32 nanometer and below device manufacturing."

Through six months of fiscal 2007, revenue increased to $121.4 million from $119.1 million in the comparable period a year ago. Net income was $6.8 million, or $0.21 per share, versus $3.6 million, or $0.12 per share, at the six-month mark last year.

Semitool closed the second quarter with cash and cash equivalents of $12.6 million, total current assets of $180.9 million, and total shareholders' equity $169.1 million.

Guidance

Management expects third quarter revenue to be in the range of $50 million to $53 million, and third quarter earnings per share of between $0.00 and $0.02 prior to restructuring costs of $0.01 per share. Third quarter shipments are expected to be in a range of $43 million to $46 million. Management revised its full year revenue forecast to a range of $210 million and $230 million.

Conference Call Information

Semitool will host an investor conference call and simultaneous webcast today at 5:00 p.m. Eastern. The call can be accessed by dialing 800-573-4842 (617-224-4327 for international callers) and entering the passcode 34653886. The webcast will be available via the Internet at http://www.semitool.com/. Webcast participants should access the website at least 10 minutes early to register and download any necessary audio software. A replay of the webcast will be available for 90 days. An audio replay will be available from 7 p.m. Eastern today, until 11:59 p.m. Eastern on May 1, 2007, and can be accessed by calling 888-286-8010 (617-801-6888 for international callers) and entering the passcode 35894369.

About Semitool, Inc.

Semitool designs, manufactures and supports highly engineered, multi-chamber single-wafer and batch wet chemical processing equipment used in the fabrication of semiconductor devices. The company's primary suites of equipment include electrochemical deposition systems for electroplating copper, gold, solder and other metals; surface preparation systems for cleaning, stripping and etching silicon wafers; and wafer transport container cleaning systems. The company's equipment is used in semiconductor fabrication front-end and back-end processes, including wafer level packaging.

Headquartered in Kalispell, Montana, Semitool maintains sales and support centers in the United States, Europe and Asia. The company's stock trades on Nasdaq under the symbol SMTL. For more information, please visit the company's website at http://www.semitool.com/.

Semitool is a registered trademark of Semitool, Inc. Safe Harbor Statement

The matters discussed in this news release include forward-looking statements, including statements related to (i) building market share, gaining momentum with new customers and long-term order opportunities, (ii) the impact of technological developments on future performance and (iii) financial guidance for the third quarter and fiscal year 2007. Also, bookings, deferred revenue, shipping backlog and product shipments are not necessarily an indication of revenue in any future period. These forward-looking statements are based on management's assumptions, estimates and projections as of the date hereof and are subject to risks and uncertainties that are discussed in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended September 30, 2006. Market share growth can be adversely affected by a number of factors, including customers' preference for our tools and the tools' performance, as well as the general factors affecting our industry. Product and technological developments face additional risks, including not being adopted by customers. In addition, many factors can adversely affect forecasted financial performance, including cancellations and push-backs, customers' on-site acceptance of our products, unanticipated costs, as well as a number of other risk factors described in our Form 10-K. Our business in general is subject to risks that can cause actual results to differ materially from those anticipated in our forward-looking statements, including, without limitation, demand being adversely affected by the cyclicality in the semiconductor industry, delays in acceptance and payment for shipped tools, the company's ability to timely deliver and support its products, technological changes that affect our ability to compete, the risks associated with competing on a global basis and possible volatility in key markets. We assume no obligation to update forward-looking statements that become untrue because of subsequent events.

SEMITOOL, INC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Amounts in Thousands, Except Per Share Amounts) Three Months Ended Six Months Ended March 31, March 31, 2007 2006 2007 2006 Net sales $53,474 $63,824 $121,439 $119,113 Cost of sales 27,093 33,515 62,293 64,796 Gross profit 26,381 30,309 59,146 54,317 Operating expenses: Selling, general and administrative 18,721 17,997 38,330 36,076 Research and development 7,266 6,295 13,747 12,062 Gain on sale of building -- -- (648) -- Total operating expenses 25,987 24,292 51,429 48,138 Income from operations 394 6,017 7,717 6,179 Other income (expense), net 6 (458) 261 (522) Income before income tax 400 5,559 7,978 5,657 Income tax provision (benefit) (670) 2,001 1,215 2,036 Net income $1,070 $3,558 $6,763 $3,621 Earnings per share: Basic $0.03 $0.11 $0.21 $0.12 Diluted $0.03 $0.11 $0.21 $0.12 Weighted average common shares: Basic 32,016 31,849 31,985 30,433 Diluted 32,539 32,338 32,510 30,810 SEMITOOL, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in Thousands) March 31, September 30, 2007 2006 ASSETS Current assets: Cash and cash equivalents $12,640 $17,347 Trade receivables, net 59,691 56,593 Inventories 94,035 90,159 Prepaid expenses and other current assets 14,544 14,314 Total current assets 180,910 178,413 Property, plant and equipment, net 45,036 44,610 Other assets, net 9,314 9,373 Total assets $235,260 $232,396 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Trade accounts payable $15,808 $22,882 Other current liabilities 37,043 40,668 Total current liabilities 52,851 63,550 Long-term liabilities 13,353 7,822 Total liabilities 66,204 71,372 Shareholders' equity: Common stock 82,240 80,738 Retained earnings 87,662 80,899 Accumulated other comprehensive loss (846) (613) Total shareholders' equity 169,056 161,024 Total liabilities and shareholders' equity $235,260 $232,396

Semitool, Inc.

CONTACT: Larry Viano, Chief Financial Officer of Semitool, Inc.,
+1- -406-752-2107, lviano@semitool.com; or Geoff High of Pfeiffer High Investor
Relations, Inc., +1-303-393-7044, for Semitool, Inc.

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

WebEx Announces First Quarter 2007 Financial Results

SANTA CLARA, Calif., April 24 /PRNewswire-FirstCall/ -- WebEx Communications, Inc. , the leading provider of on-demand applications for collaborative business on the web, today announced financial results for the first quarter of 2007.

Revenue

For the first quarter of 2007, revenue was $107.2 million, an increase of 21% compared to $88.5 million in the first quarter of 2006.

GAAP Earnings

For the first quarter of 2007, net income on a GAAP basis was $16.3 million, a 79% increase over the $9.1 million net income from the first quarter of 2006. GAAP diluted earnings per share were $0.31 per share in the first quarter of 2007, a 63% increase from $0.19 per share in the first quarter of 2006.

Non-GAAP Earnings

For the first quarter of 2007, net income on a non-GAAP basis was $21.0 million, a 39% increase over the $15.1 million net income from the first quarter of 2006. Non-GAAP diluted earnings per share were $0.40 in the first quarter of 2007, a 29% increase from $0.31 per share in the first quarter of 2006. Non-GAAP EPS excludes the expense and tax impact of the SFAS 123R equity compensation rule, acquisition costs incurred related to the pending merger with Cisco Systems, Inc. and certain expenses associated with the acquisition of Intranets.com.

Cash

Cash and short-term investments at the end of the first quarter of 2007 were $396 million. Cash flow from operations was $30.6 million, partially offset by $2.0 million of capital expenditures, yielding free cash flow of $28.6 million for the quarter ended March 31, 2007.

"WebEx is off to an excellent start in 2007 underpinned by record bookings," said Subrah Iyar, chairman and chief executive officer of WebEx. "Looking forward, we feel the pending combination of WebEx with Cisco will further extend our strategy of going deeper with web collaboration and wider with WebEx Connect."

On March 15, 2007, WebEx announced that it had signed a definitive agreement under which Cisco has agreed to acquire WebEx. For information regarding this transaction, see WebEx's Form 8-K filed on March 15, 2007 and its Schedule 14D-9 filed on March 29, 2007, as amended from time to time.

Conference Call

Management will host the quarterly WebEx online meeting to discuss the results today April 24, 2007, beginning at 5:00 p.m. Eastern time. In conjunction with the audio call, there will be a WebEx meeting for the visual part of the presentation.

Interested parties may participate in the WebEx online meeting in one of two ways:

To join the WebEx online meeting and listen to the audio via the computer (WebEx VoIP), please go to http://www.webex.com/q107_earnings_voip.

or

To join the WebEx online meeting and listen to the audio via the telephone, please go to http://www.webex.com/q107_earnings_tele and (617) 614-3454 and enter passcode 88488728.

For those unable to participate in the live WebEx meeting, a replay will be available beginning one hour after the conclusion of the meeting. To replay the recorded WebEx online meeting, go to http://www.webex.com/q107_earnings_replay or to replay the audio only, call +1-617-801-6888 and enter reservation number 88488728.

Non-GAAP Financial Measures

This press release includes financial measures for earnings per share and net income for our results for the first quarter of 2007 that have not been calculated in accordance with generally accepted accounting principles (GAAP) and may not necessarily be comparable to similarly-titled measures employed by other companies. These financial measures differ from GAAP in that they exclude (i) the expense and tax impact of the SFAS 123R equity compensation rule, (ii) certain expenses associated with WebEx's 2005 acquisition of Intranets.com, including the effects of non-cash amortization of intangible assets and certain employee retention expenses, and (iii) acquisition costs incurred by WebEx related to the pending merger with Cisco. WebEx uses these non-GAAP financial measures to enhance understanding of its operational financial performance. WebEx believes that providing each of these non-GAAP financial measurements is useful to management and investors because they provide a consistent basis for comparison of WebEx's financial condition and results of operations between the current quarter and historical periods. The presentation of this additional information is not meant to be considered in isolation or as a substitute for earnings per share or net income calculated in accordance with GAAP, and should be read only in conjunction with our condensed consolidated financial statements prepared in accordance with GAAP. A reconciliation of these GAAP and non-GAAP financial measures is included in the attached tables.

Our non-GAAP financial measures reflect adjustments based on the following items:

-- Stock-based compensation: Our GAAP income statement includes stock-based compensation expense and the tax impact related to the adoption of Statement of Financial Accounting Standard 123R, Share-Based Payment (SFAS No. 123R). SFAS No. 123R requires us to recognize a non-cash expense related to the fair value of all our employee stock-based compensation awards. WebEx has provided the non-GAAP financial measure excluding the expense and tax-impact related to SFAS No. 123R since WebEx's adoption of that standard and we believe that providing that information for the current period assists investors in comparing our operational results with prior periods. Stock-based compensation is a key incentive offered to our employees, and we believe it contributed to the revenue earned during the period. Our use of stock-based compensation is continuing and expenses associated with stock-based compensation continue to be reflected in our financial statements. -- Amortization of intangibles, Intranets.com Acquisition: We continued to incur charges relating to the amortization of intangible assets which were purchased in connection with our acquisition of Intranets.com in September 2005. These charges are included in our GAAP presentation of earnings from operations, operating margin, net earnings and net earnings per share. We exclude these charges for purposes of calculating these non-GAAP measures to facilitate a more meaningful evaluation of our current operating performance and comparisons to our past operating performance. -- Employee Retention-Related Charges, Intranets.com Acquisition: Through and including the third quarter of 2006 but not thereafter, we incurred certain employee-retention costs in connection with the acquisition of Intranets.com that we would not have otherwise incurred. These GAAP costs were incurred to motivate individuals employed by Intranets.com prior to the acquisition to remain employed by us following the acquisition. We believe that eliminating these acquisition-related expenses for purposes of calculating the comparable non-GAAP financial measure facilitates a more meaningful evaluation of our current operating performance and comparisons to our past operating performance. These charges have now been completed and will not recur in future quarters. -- Acquisition Costs Relating to Pending Cisco Systems Acquisition: In the first quarter of 2007, we incurred various legal, business advisory and other costs relating to the negotiation, execution and implementation of our definitive agreement with Cisco. We will continue to incur such implementation costs until the acquisition transaction is completed or otherwise terminated. We believe that eliminating these acquisition- related expenses for purposes of calculating the comparable non-GAAP financial measure facilitates a more meaningful evaluation of our current operating performance and comparisons to our past operating performance. About WebEx Communications, Inc.

With 2.3 million registered users, WebEx is the global leader in on-demand applications for collaborative business on the web. These applications enhance high-touch business processes, such as sales and training, with efficient web- touch interactions. As an on-demand provider, WebEx is able to facilitate both internal and external collaboration. WebEx delivers its range of applications over the WebEx MediaTone Network, a global network specifically designed for the secure delivery of on-demand applications. WebEx applications support multipoint videoconferencing, web conferencing and application remote control. WebEx is based in Santa Clara, California and has regional headquarters in Europe, Asia and Australia. Please call toll free 877-509-3239 or visit http://www.webex.com/ for more information.

NOTE: MediaTone is a trademark of WebEx Communications, Inc

This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by use of the terms anticipates, believes, continue, could, estimates, expects, intends, may, plans, potential, predicts, should or will, or the negative of those terms or similar expressions. These forward-looking statements are subject to significant risks and uncertainties. Actual results may differ materially from those described in such statements as a result of these risks and uncertainties. In particular, these forward looking statements include, but are not limited to, increasing market penetration with our web collaboration suite leadership and expanding our offerings through our WebEx Connect platform, the anticipated benefits of merging with Cisco, the benefits to management and investors in providing non- GAAP financial measures, the contribution to revenue of stock-based compensation, the occurrence of related stock-based compensation expenses and the pending status of the planned Cisco Systems acquisition of WebEx. Factors which could contribute to risks and uncertainties include, but are not limited to, decrease in demand for WebEx collaboration applications and services, the failure of WebEx to meet projections in domestic and international direct sales activity, channel sales, customer retention and expense control, failures and interruptions in the software and systems underlying WebEx's services, the effects of competitive offerings, additional expenses associated with the further integration of Intranets.com, the commercial success of our core collaboration business, our success in making new applications available through the WebEx Connect platform, and the failure of the tender offer by and subsequent merger with Cisco to be completed at all or substantially in accordance with the terms of definitive agreement signed on March 15, 2007. A fuller discussion of risks and uncertainties that could affect WebEx Communications, Inc. is more fully set forth in WebEx Communications, Inc.'s filings with the Securities and Exchange Commission, including, but not limited to, WebEx's Form 10-K filed on February 27, 2007 and the Form 8-K filed on March 15, 2007. WebEx Communications, Inc. assumes no obligation to update forward-looking information contained in this press release.

Securities Law Disclosure

This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securities. The solicitation and the offer to buy shares of WebEx common stock will be made only pursuant to an offer to purchase and related materials that Cisco Systems, Inc. has filed with the SEC on Schedule TO on March 27, 2007, as amended. WebEx also filed a solicitation/recommendation statement on Schedule 14D-9, as amended, with respect to the offer. WebEx stockholders and other investors should read these materials carefully because they contain important information, including the terms and conditions of the offer. WebEx stockholders and other investors will be able to obtain copies of these materials without charge from the SEC through the SEC's website at http://www.sec.gov/, from Georgeson Inc., the information agent for the offer, toll- free at (888) 264-7052 (banks and brokers call (212) 440-9800), from Cisco (with respect to documents filed by Cisco with the SEC) by going to Cisco's Investor Relations Website at http://www.cisco.com/go/investors, or from WebEx (with respect to documents filed by WebEx with the SEC) by going to WebEx's Investor Relations Website at http://www.webex.com/. Stockholders and other investors are urged to read carefully those materials prior to making any decisions with respect to the offer.

WebEx Communications, Inc. Unaudited Condensed Consolidated Statements of Income (In thousands, except per share amounts) Three months ended March 31, 2007 2006 Net revenues $107,171 $88,464 Cost of revenues(1) 16,754 15,971 Gross profit 90,417 72,493 Operating expenses: Sales and marketing(1) 40,918 34,449 Research and development(1) 13,459 13,506 General and administrative(1) 13,228 9,574 Total operating expenses 67,605 57,529 Operating income 22,812 14,964 Interest and other income, net 3,359 1,735 Income before income taxes 26,171 16,699 Provision for income taxes 9,881 7,648 Net income $16,290 $9,051 Net income per share: Basic $0.33 $0.19 Diluted $0.31 $0.19 Weighted average shares used to compute net income per share: Basic 49,776 46,641 Diluted 52,217 48,129 (1) Cost of revenues and operating expenses include the following stock compensation expense: Cost of revenues $ 598 $ 778 Sales and marketing 1,946 2,702 Research and development 1,236 1,545 General and administrative 1,152 1,604 $4,932 $6,629 An itemized reconciliation between net income on a GAAP basis and non-GAAP basis is as follows (in thousands, except per share amounts): Three months ended March 31, 2007 2006 GAAP net income $16,290 $9,051 Stock-based compensation 4,932 6,629 Amortization of acquisition-related intangibles 723 723 Acquisition-related charges(1) 2,407 680 Provision for income taxes(2) (3,374) (2,007) Non-GAAP net income $20,978 $15,076 Non-GAAP net income per share: Basic $0.42 $0.32 Diluted $0.40 $0.31 Weighted average shares used to compute non-GAAP net income per share: Basic 49,776 46,641 Diluted 52,217 48,129 (1) Acquisition-related charges in the first quarter of 2007 are expenses incurred related to the pending merger with Cisco Systems, Inc. Acquisition-related charges in the first quarter of 2006 are certain employee-retention costs in connection with the acquisition of Intranets.com. (2) The estimated non-GAAP effective tax rate was 39% for both the three months ended March 31, 2007 and 2006. This non-GAAP effective tax rate has been used to adjust the provision for income taxes for non-GAAP purposes. WebEx Communications, Inc. Unaudited Condensed Consolidated Balance Sheets (In thousands) March 31, December 31, 2007(1) 2006 ASSETS Current assets: Cash and cash equivalents $29,708 $54,687 Short-term investments 366,140 290,465 Accounts receivable, net 56,194 53,838 Prepaid expenses and other current assets 10,496 10,193 Deferred tax assets 14,607 10,883 Total current assets 477,145 420,066 Property and equipment, net 45,816 48,594 Goodwill 26,109 26,965 Intangible assets, net 12,112 12,971 Deferred tax assets 8,176 5,583 Other non-current assets 2,157 2,078 Total assets $571,515 $516,257 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $5,648 $5,253 Accrued liabilities 30,996 25,116 Deferred revenue 18,170 16,429 Income tax payable 2,588 3,042 Total current liabilities 57,402 49,840 Non-current liabilities 6,651 6,191 Stockholders' equity: Common stock 50 49 Additional paid-in capital 385,926 355,482 Accumulated other comprehensive income 4,482 4,162 Accumulated earnings 117,004 100,533 Total stockholders' equity 507,462 460,226 Total liabilities and stockholders' equity $571,515 $516,257 (1) On January 1, 2007, the Company adopted FIN 48, Accounting for Uncertainty in Income Taxes -- an interpretation of FASB Statement No. 109. The impact from the adoption of this new accounting pronouncement was recorded as a cumulative effect adjustment to the opening balance of accumulated earnings in the March 31, 2007 unaudited condensed consolidated balance sheet. Additional information on the adoption of this new accounting pronouncement will be disclosed in the Company's March 31, 2007 Form 10-Q. WebEx Communications, Inc. Unaudited Condensed Consolidated Statements of Cash Flows (In thousands) Three months ended March 31, 2007 2006(1) Cash flows from operating activities: Net income $16,290 $9,051 Adjustments to reconcile net income to net cash provided by operating activities: Provisions for doubtful accounts and sales reserve 5,988 4,824 Depreciation and amortization 5,602 5,121 Loss from disposal of assets - 72 Deferred income taxes (5,461) (2,847) Tax benefit of stock plans 7,383 4,147 Excess tax benefit from stock-based compensation (4,591) (1,470) Stock-based compensation 4,932 6,629 Changes in operating assets and liabilities: Accounts receivable (8,344) (6,842) Prepaid expenses and other current assets (303) (581) Other non-current assets (79) (146) Accounts payable 395 (3,860) Accrued liabilities 6,340 6,426 Income tax payable (273) (3,678) Deferred revenue 1,741 1,939 Other 956 509 Net cash provided by operating activities 30,576 19,294 Cash flows from investing activities: Purchases of available-for-sale securities and other investments (124,730) (27,448) Maturities and sales of available-for-sale securities and other investments 48,419 12,572 Purchases of property and equipment (1,965) (3,749) Net cash used in investing activities (78,276) (18,625) Cash flows from financing activities: Net proceeds from issuances of common stock 18,172 17,597 Excess tax benefit from stock-based compensation 4,591 1,470 Repurchase of common stock (42) - Net cash provided by financing activities 22,721 19,067 (Decrease) increase in cash and cash equivalents (24,979) 19,736 Cash and cash equivalents at beginning of the period 54,687 18,101 Cash and cash equivalents at end of the period $29,708 $37,837 (1) Certain reclassifications have been made to prior year amounts in order to conform to the current year presentation.

WebEx Communications, Inc.

CONTACT: Investor Relations, +1-408-566-5600, or
investor_relations@webex.com, or Media, Colin Smith, +1-408-566-5694, or
colin.smith@webex.com, both of WebEx Communications, Inc.

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

Résultats du premier trimestre 2007

PARIS, April 24 /PRNewswire/ -- A l'issue de la réunion de son Conseil d'Administration ce jour, Valeo présente ses résultats pour le premier trimestre 2007.

En millions d'euros 1er janvier- 31 mars (non audité) 2007 2006 variation Produits de l'activité 2 640 2 654 -0,5% Marge brute 396 415 -4,6% % du chiffre d'affaires 15,2% 15,8% -0,6pt Résultat opérationnel 79 61 +29,5% % des produits de l'activité 3,0% 2,3% +0,7pt Résultat (revenant aux 33 23 +43,5% actionnaires de la Société) % des produits de l'activité 1,3% 0,9% +0,4pt Résultat de base par action (en 0,42 0,29(x) +44,8% euros) (x) dont -0,02 euro au titre des activités non stratégiques

Résultats du Groupe au premier trimestre 2007

Au premier trimestre 2007, le total des produits de l'activité de Valeo est de 2 640 millions d'euros, en baisse de 0,5% par rapport au premier trimestre 2006. Hors effet de change (-2%) et de périmètre (-0,5%), la croissance est de 2% ; elle atteint 5% dans la deuxième monte.

La marge brute trimestrielle est de 396 millions d'euros (15,2% du chiffre d'affaires) contre 415 millions d'euros (15,8% du chiffre d'affaires) en 2006, soit une baisse de 4,6%. L'effet négatif brut engendré par la hausse des prix des matières est de 2,2 points de marge.

Le résultat opérationnel du Groupe progresse de 29,5% à 79 millions d'euros (3,0% du total des produits de l'activité) contre 61 millions d'euros (2,3%) au premier trimestre 2006. Cette performance reflète la diminution des dépenses de recherche et développement nettes et des frais commerciaux et administratifs et la résolution d'un litige commercial.

Le résultat de base par action est en hausse de 44,8% à 0,42 euros contre 0,29 euros au premier trimestre 2006.

Au 31 mars 2007, l'endettement financier net de Valeo atteint 966 millions d'euros, contre 1 072 millions d'euros au 31 mars 2006. Le ratio d'endettement financier net sur capitaux propres est de 54%, en baisse de 5 points par rapport au 31 mars 2006.

Faits marquants

- Valeo a poursuivi son expansion en Asie avec les ouvertures des sites de Puzan en Corée (thermique moteur) et de Foshan en Chine (systèmes d'éclairage).

- Le Groupe s'est vu décerner plusieurs prix des clients y compris cinq prix par Toyota Motor Europe dont le Grand Prix de la Qualité et un prix EcoTech de PSA Peugeot Citroën.

- La Volkswagen Touran équipée du système Park4U(TM) de Valeo, qui permet de garer la voiture automatiquement en moins de quinze secondes, a été lancé sur le marché européen au cours du trimestre.

- Peu après la clôture du trimestre, Valeo Raytheon a été récompensé du PACE Award 2007 à Detroit pour son système de détection dans l'angle mort. Il s'agit du troisième PACE Award consécutif après le système micro-hybride StARS en 2006 et le Système de Surveillance de Trajectoire Latérale LaneVue(TM) en 2005.

Perspectives

En ligne avec ses prévisions, Valeo anticipe un recul de la production automobile en Europe et en Amérique du Nord au second trimestre. Pour l'ensemble de l'exercice, le Groupe table sur une progression de sa marge opérationnelle grâce notamment à un environnement de production automobile plus porteur et à une gestion toujours rigoureuse.

Par ailleurs, le Groupe continue d'étudier les indications d'intérêt dont il a fait l'objet. Le marché sera tenu au courant des suites éventuelles qui y seront données, le moment venu.

Valeo est un Groupe industriel indépendant dédié à la conception, la fabrication et la vente de composants, systèmes intégrés et modules pour automobiles et poids lourds. Valeo se classe parmi les premiers équipementiers mondiaux. Le Groupe possède 131 sites de production, 68 centres de Recherche et Développement, 9 plates-formes de distribution et emploie 71,100 collaborateurs dans 29 pays.

Pour toute information complémentaire, veuillez contacter :

Kate Philipps, Directeur de la Communication du Groupe, Tél.: +33-1-40-55-20-65

Rémy Dumoulin, Directeur des Relations Financières, Tél.: +33-1-40-55-29-30

Pour plus d'informations sur le Groupe et ses secteurs d'activité, consultez son site Internet www.valeo.com

Valeo Management Services

Pour toute information complémentaire, veuillez contacter : Kate Philipps, Directeur de la Communication du Groupe, Tél.: +33-1-40-55-20-65; Rémy Dumoulin, Directeur des Relations Financières, Tél.: +33-1-40-55-29-30

Lockheed Martin to Webcast Annual Meeting of Shareholders

BETHESDA, Md., April 24 /PRNewswire-FirstCall/ -- Lockheed Martin Corporation will webcast live its Annual Meeting of Stockholders on Thursday, April 26, 2007 at 11:30 a.m. EDT.

The live audio webcast will be available on the Lockheed Martin Investor Relations website, http://www.lockheedmartin.com/investor.

Headquartered in Bethesda, Md., Lockheed Martin employs approximately 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.

For additional information, visit our website: http://www.lockheedmartin.com/

Lockheed Martin Corporation

CONTACT: Media, Jeff Adams, Director, Media Relations, +1-301-897-6308,
or Investor Relations, Jerry Kircher, Vice President, Investor Relations,
+1-301-897-6584,or Shamala Littlefield, Director, Investor Relations,
+1-301-897-6455, all of Lockheed Martin

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

Company News On-Call: http://www.prnewswire.com/comp/534163.html

Kentucky Department of Juvenile Justice Receives Best of Kentucky Award for Its EMC Physical Security Solutions

HOPKINTON, Mass., April 24 /PRNewswire-FirstCall/ -- EMC Corporation , the world leader in information infrastructure solutions, today announced that the Kentucky Department of Juvenile Justice (DJJ) received a Best of Kentucky Award for its EMC Physical Security solution. The DJJ was honored today at the Best of Kentucky Awards Ceremony Luncheon in Lexington, Ky.

"We're honored to receive this award," said Bridget Skaggs Brown, commissioner of DJJ. "We strive to provide a safe and secure environment for our employees and those entrusted to our care. This award is testament to video surveillance as a powerful, preventative tool."

Based on EMC software, services and EMC CLARiiON(R) storage systems, this IP-based network video surveillance system stores and enables DJJ staff to quickly and efficiently search and analyze terabytes of video and data from physical security devices such as surveillance cameras. Not only did the DJJ dramatically improve surveillance operations and IT procedures, but it has also reduced employee time spent searching for videos and information and reduced surveillance system costs by nearly 50 percent.

"Previously, the majority of our video surveillance relied on closed circuit television cameras that fed analog images to VHS tape for storage," said Michael Dossett, Deputy Commissioner at the DJJ. "Now, with faster, more efficient access to videos, we're able to ensure the highest level of care to the youth in the facilities."

About EMC

EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.emc.com/.

EMC and CLARiiON are registered trademarks of EMC Corporation. All other trademarks are the property of their respective holders.

Patrick Cooley 508-293-6583 cooley_patrick@emc.com John Hodgkin 502-573-2738 JohnH.Hodgkin@ky.gov

EMC Corporation

CONTACT: Patrick Cooley of EMC Corporation, +1-508-293-6583,
cooley_patrick@emc.com ; or John Hodgkin, +1-502-573-2738,
JohnH.Hodgkin@ky.gov

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

CIC and Top PC Maker to Provide Biometric and Electronic Signature Solutions for Tablet PCsIndustry Leaders Team-up to Provide New Solutions for Mobile Workflow Automation

REDWOOD SHORES, Calif., April 24 /PRNewswire-FirstCall/ -- Communication Intelligence Corporation ("CIC") (BULLETIN BOARD: CICI) , a leading supplier of electronic signature solutions for business process automation in the financial industry and the recognized leader in biometric signature verification, announced today a sales and marketing agreement with Lenovo (HKSE: 992) (ADR: LNVGY) to provide its electronic signature solution for ThinkPad Tablet PCs and for the companies to jointly promote their product offerings.

Through this agreement, CIC joins Lenovo's Tablet Influencer Program and provides Lenovo its full range of biometric and electronic signature solutions. Lenovo's sales team will actively promote CIC's electronic signature products to its users. The joint product offerings represent an ideal solution for any application requiring electronic approvals or user authentication using biometrics.

According to IDC, convertible tablet PC unit shipments will reach more than one million this year and more than four million by 2010. With more industries relying on tablet PCs, Lenovo tablet customers include mobile professionals in fields such as healthcare, insurance, real estate, education and sales.

"As a leading worldwide supplier of PCs, Lenovo provides the market access and sales coverage that is fundamental to accelerating eSignature sales growth worldwide," said Joe DePaola, Vice President of Worldwide Sales at CIC. "Mobile information users within a number of vertical industries can now leverage the combined strengths of industry leading tablet computing with authentication and legally compliant eSignature solutions to address their process automation needs."

The rock-solid design of Lenovo's ThinkPad Tablet PCs includes a shock-mounted hard-drive making them reliable and durable tools for on-the-go computing. Lenovo's latest model, the ThinkPad X60 Tablet, is a thin and light 12-inch tablet PC that also offers layered security tools including an encrypted hard drive and integrated fingerprint reader to prevent unauthorized access to information. Lenovo's ThinkPad Tablets all come equipped with ThinkVantage Technologies, a suite of self-help tools that help to manage profiles for Internet connections and easy recovery of lost or corrupted files among other features.

CIC's SignatureOne(TM) suite includes its SignatureOne Server, Sign-it(R), and iSign(R) software. SignatureOne Server provides user authentication, profile administration and transaction receipts. Sign-it and iSign provide shrink-wrapped application plug-in as well as developer tools for the integration of signatures into complex enterprise architectures and custom applications. CIC's technology supports a common process and methodology to provide a uniform program interface for multiple signature methods and multiple signature capture devices, simplifying enterprise-wide integration of business process automation tasks requiring eSignatures, and virtually eliminating the need for paper copies and ink signatures.

About CIC

Communication Intelligence Corporation ("CIC") is a leading supplier of electronic signature solutions for business process automation in the Financial Industry and the recognized leader in biometric signature verification. CIC's products enable companies to achieve truly paperless work flow in their eBusiness processes by enabling them with "The Power to Sign Online(R)" with multiple signature technologies across virtually all applications. Industry leaders such as AIG, Charles Schwab, Prudential, Nationwide (UK) and Wells Fargo chose CIC's products to meet their needs. CIC sells directly to enterprises and through system integrators, channel partners and OEMs. CIC is headquartered in Redwood Shores, California and has a joint venture, CICC, in Nanjing, China. For more information, please visit our website at http://www.cic.com/.

Forward Looking Statement

Certain statements contained in this press release, including without limitation, statements containing the words "believes", "anticipates", "hopes", "intends", "expects", and other words of similar import, constitute "forward looking" statements within the meaning of the Private Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual events to differ materially from expectations. Such factors include the following (1) technological, engineering, quality control or other circumstances which could delay the sale or shipment of products containing the Company's technology; (2) economic, business, market and competitive conditions in the software industry and technological innovations which could affect the Company's business; (3) the Company's inability to protect its trade secrets or other proprietary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the Company; and (4) general economic and business conditions and the availability of sufficient financing.

NOTE: CIC, its logo, Sign-it, iSign and the Power to Sign Online are registered trademarks. SignatureOne is a trademark of CIC. All other trademarks and registered trademarks are the property of their respective holders.

Contact Information CIC Investor Relations Inquiries: Chantal Eshghipour Phone: 650-802-7740 Email: investorrelations@cic.com

Communication Intelligence Corporation

CONTACT: investors, Chantal Eshghipour of CIC, +1-650-802-7740, or
investorrelations@cic.com

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

Vonage Wins Permanent Stay in Verizon Patent LitigationCompany Will Conduct Business As Usual; Continues Adding New Customers and Serving Existing Ones

HOLMDEL, N.J., April 24 /PRNewswire-FirstCall/ -- The U.S. Court of Appeals for the Federal Circuit in Washington D.C. today issued Vonage a permanent stay of a previous court's injunction that would have barred it from signing up new customers. Vonage sought the stay following an April 6th decision by the U.S. District Court in Alexandria, Va. enjoining the company from using certain VoIP technology to add new customers. The permanent stay enables Vonage to add new customers as we pursue our appeal. Existing customers remain unaffected by the company's ongoing patent litigation.

"We thank the appellate court for its thoughtful consideration of the merits of our case," said Jeffrey Citron, Vonage chairman and interim chief executive officer. "It's business as usual for us. We will continue providing reliable, quality digital phone service at the best value in the market and connecting thousands of phone calls every day. We remain focused on growing and strengthening our business and driving toward profitability."

Citron added, "We continue to believe we have not infringed on any of Verizon's technology and remain optimistic that we will ultimately prevail in this litigation."

Vonage will continue to serve existing customers by paying into escrow a quarterly royalty of 5.5 percent throughout the appeals process and by posting a $66 million bond as required by the court. The company's current cash position allows it to pay these fees to secure the stay as it continues to make progress on and pursues its legal appeal over the coming months.

Appeal Vonage remains highly confident in the strength of its legal appeal.

"We believe the original verdict was based on an erroneous claim construction -- meaning the patents in this case were defined in an overly broad and legally unprecedented way," said Sharon O'Leary, Vonage's executive vice president, chief legal officer and secretary. "We believe the district court's decisions repeatedly neglected well-established law on claim construction and, as a result, artificially expanded the coverage of Verizon's patents well beyond what was intended by the patent trademark process."

O'Leary continued: "We are confident this error will be rectified by the appeals court, which hears intellectual property cases exclusively. As a result, we remain highly confident Vonage will prevail on appeal."

About Vonage

Vonage is a leading provider of broadband telephone services with 2.4 million subscriber lines. Our award-winning technology enables anyone to make and receive phone calls with a touch tone telephone almost anywhere a broadband Internet connection is available. We offer feature-rich and cost- effective communication services that offer users an experience similar to traditional telephone services.

Our Residential Premium Unlimited and Small Business Unlimited calling plans offer consumers unlimited local and long distance calling, and popular features like call waiting, call forwarding and voicemail -- for one low, flat monthly rate. Vonage's service is sold on the web and through national retailers including Best Buy, Circuit City, Wal-Mart Stores Inc. and Target and is available to customers in the U.S., Canada and the United Kingdom. For more information about Vonage's products and services, please visit http://www.vonage.com/.

Vonage Holdings Corp. is headquartered in Holmdel, New Jersey. Vonage(R) is a registered trademark of Vonage Marketing Inc., a subsidiary of Vonage Holdings Corp.

Vg-f Safe Harbor Statement

This press release contains forward-looking statements regarding Vonage's development of workaround solutions, its financial position and the likelihood of success on appeal. In addition, statements in this press release that are not historical facts or information may be forward-looking statements. The forward-looking statements in this release are based on information available at the time the statements are made and/or management's belief as of that time with respect to future events and involve risks and uncertainties that could cause actual results and outcomes to be materially different. Important factors that could cause such differences include, but are not limited to, our inability to implement an effective workaround, potential claims by creditors, our history of net operating losses and our need for cash to finance our growth; the competition we face; our dependence on our customers' existing broadband connections; differences between our service and traditional phone services, including our 911 service; uncertainties relating to regulation of VoIP services; system disruptions or flaws in our technology; our ability to manage our growth; the risk that VoIP does not gain broader acceptance; and other factors described in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended 12/31/06, and in our subsequent periodic reports filed with the SEC. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, and therefore, you should not rely on these forward-looking statements as representing our views as of any date subsequent to today.

Vonage

CONTACT: Brooke Schulz of Vonage, +1-732-528-2627,
brooke.schulz@vonage.com; or Nick Kalm of Reputation Partners,
+1-312-222-9888, nick@reputationpartners.com

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

VIDEO from Medialink and General Motors: New Technology Helps Drivers Stay in Their Lane and Avoid Lane-Change Collisions

NEW YORK, April 24 /PRNewswire/ -- According to the National Highway Traffic Safety Administration, nearly 200,000 car crashes a year happen due to automobiles leaving their lanes. Now, two new safety technologies could serve as an extra set of "eyes" for drivers and help them avoid a collision caused by an inadvertent lane change or by colliding with a vehicle in the side blind spot while changing lanes.

(See video from General Motors at: http://media.medialink.com/WebNR.aspx?story=33336 )

The lane departure system uses a camera located between the inside rearview mirror and the windshield to detect lane markings on the road and alert drivers when they inadvertently stray from the lane. The system does not steer the vehicle; it is designed only to alert drivers so they can take appropriate action to move the vehicle back into the lane.

The side blind zone system uses radar sensors behind the rear fascia on both sides of the vehicle. It is designed to help drivers avoid lane-change crashes with vehicles in the side blind zone.

The new technologies will be available on all 2008 Buick Lucerne sedan models this summer.

Registered journalists can access video, audio, text, graphics and photos for free and unrestricted use at http://media.medialink.com/.

04FF07-0149

Medialink and General Motors

CONTACT: Medialink, New York, +1-888-560-5578, or
mediadesk@medialink.com

Web site: http://media.medialink.com/WebNR.aspx?story=33336
http://media.medialink.com/

SeLoger.com - Chiffre d'affaires premier trimestre 2007 en hausse de 60,3 %

PARIS, April 24 /PRNewswire/ --

- Grâce à cette forte performance, SeLoger.com renforce sa place de leader de l'immobilier sur Internet

Chiffre d'affaires en millions d'euros 1er trimestre 1er trimestre Variation 2007 2006 Petites Annonces 8,738 5,946 2,792 +47,0% -dont Ile-de-France 4,677 3,625 1,053 +29,0% -dont Province 4,061 2,322 1,739 +74,9% Publicité en ligne et partenariats 708 315 393 +124,6% Service directs aux internautes 335 272 62 +22,9% TOTAL Petites annonces et média 9,780 6,534 3,247 +49,7% Créations de sites agences et référencements 1,850 1,475 375 +25,4% Logiciels immobiliers 1,210 - 1,210 N/A TOTAL Services 3,060 1,475 1,585 +107,5% TOTAL Chiffres d'affaires 12,840 8,009 4,832 +60,3%

SeLoger.com, numéro 1 français de l'immobilier sur Internet, a réalisé un chiffre d'affaires consolidé de 12,8 MEUR au premier trimestre 2007, marquant une croissance de 60,3 % par rapport au premier trimestre 2006 (8.0 MEUR).

Cette très forte progression, portée notamment par le développement des << Petites Annonces >> en province, s'explique par une contribution de l'ensemble des activités du groupe.

La position de place de marché de référence pour la rencontre de l'offre et de la demande en matière d'immobilier s'est encore affermie :

- plus de 1 761 000 petites annonces en mars 2007, contre plus de 807 000 en mars 2006 (+118 %),

- une audience de plus de 1 380 000 visiteurs uniques (+34 %), de plus de 7 866 000 visites (+35%) et 128 858 000 pages vues (+23 %) en mars 2007,

- un nombre d'agents immobiliers clients petites annonces facturés de 9 913 soit 12 956 points de vente, représentant un taux de pénétration national de 38,5 % à fin mars 2007.

Contribution de toutes les activités à la croissance

L'activité << Petites Annonces et Média >> progresse de 49,7 % à 9,8 millions d'euros. Cette activité, qui représente 76,2 % du chiffre d'affaires du trimestre, est décomposée comme suit :

- les <>, en progression de 47,0 %. Le rééquilibrage de la part de la province (+74,9 %) par rapport à celle de l'Ile-de-France (+29,0 %) se poursuit : celle-ci représente ainsi 46,5 % du chiffre d'affaires << Petites Annonces >>, contre 39,1 % en mars 2006.

Le nombre de clients << Petites annonces >> atteint 9 913 agents immobiliers facturés en mars 2007 contre 7 514 en mars 2006. Le revenu mensuel facturé par client << Petites Annonces >> enregistre une progression de 9,7 % passant de 252 euros en mars 2006 à 277 euros en mars 2007.

- En Ile-de-France, SeLoger.com atteint un taux de pénétration de 66 % avec 4 146 clients (progression de 524 clients nets par rapport à mars 2006), soit 5 085 points de vente, et un panier moyen par client de 343 EUR en mars 2007.

- En Province, SeLoger.com atteint un taux de pénétration de 30 % avec 5 767 clients (progression de 1 875 clients nets par rapport à mars 2006), soit 7 871 points de vente, et un panier moyen par client de 229 EUR en mars 2007.

Le nombre de nouveaux clients nets s'établit à 554 pour le seul premier trimestre 2007 portant le nombre total d'agents immobiliers clients petites annonces facturés à 9 913.

Conformément à sa volonté d'amélioration constante de son offre de services et de produits, le groupe a mis en ligne une nouvelle version de SeLogerPro, son interface informatique avec les professionnels de l'immobilier offrant une meilleure accessibilité aux produits et aux données. Le << Centre de contacts>>, qui permet de mettre en relation des particuliers vendant leur bien immobilier avec des agents immobiliers, reçoit un accueil très favorable. Les contacts sont valorisés selon un système d'enchères.

- La << Publicité en ligne et partenariats >> voit quant à elle son activité croître de 124,6 %. Le groupe analyse cette croissance comme un succès à monétiser son audience. C'est également la reconnaissance de SeLoger.com comme acteur incontournable de l'immobilier et de l'habitat sur Internet.

- Les << Services directs aux internautes >> progressent de 22,9%. Cette croissance traduit la confiance des internautes à l'égard de SeLoger.com et sa légitimité en matière d'immobilier.

L'activité << Services >> marque une hausse de 107,5 % pour s'établir à 3,1 millions d'euros, soit 23,8 % du chiffre d'affaires du premier trimestre 2007. Elle se répartit en deux branches :

- La << Création de sites agences et Référencements >> connaît une augmentation de 25,4 % par rapport au premier trimestre 2006 grâce à l'accroissement de la force de vente et à une plus grande efficacité commerciale.

- Les << Logiciels immobiliers >> correspondent à l'activité de Périclès. Cette société leader des solutions informatiques pour les professionnels de la transaction immobilière (logiciel ASP par abonnement), permet au groupe de nouer des relations toujours plus étroites avec les agents immobiliers et de les aider dans la gestion de leurs flux d'annonces. La société, acquise en octobre 2006, est consolidée depuis novembre 2006.

Poursuite de la stratégie de croissance en 2007

En se fondant sur un modèle d'offre de services centrés autour de la petite annonce immobilière, SeLoger.com entend poursuivre sa stratégie de croissance accélérée, articulée autour de quatre axes :

- poursuivre la conquête de nouveaux clients agents immobiliers, tant en Île-de-France qu'en Province,

- améliorer son offre de produits et services à destination des professionnels de l'immobilier,

- mettre en place de nouveaux services innovants dédiés aux particuliers ayant un projet immobilier,

- appliquer une politique de croissance externe sélective.

Prochain rendez-vous :

Chiffre d'affaires du deuxième trimestre 2007 :

23 juillet 2007 (après la séance de Bourse)

A propos de Seloger.com

Numéro un de l'immobilier sur Internet en France, le groupe SeLoger.com est éditeur de sites et services Internet au profit des internautes et des professionnels de l'immobilier.

Le groupe s'est imposé comme la Place de marché de référence pour les petites annonces immobilières en ligne avec notamment les deux sites leaders www.seloger.com et www.immostreet.com.

Le groupe met à disposition des internautes l'offre de petites annonces immobilières la plus étendue avec plus de 1,7 million d'annonces, et assure aux professionnels de l'immobilier la visibilité la plus large avec une audience de plus de 1,3 million de visiteurs uniques et un réseau de diffusion exclusif qui couvre plus de 9 internautes français sur 10.

Le groupe SeLoger.com entend mettre en oeuvre une stratégie de croissance accélérée, articulée autour de quatre axes :

- poursuivre la conquête de nouveaux clients agents immobiliers, tant en Île-de-France qu'en province,

- améliorer son offre de produits et services à destination des professionnels de l'immobilier,

- mettre en place de nouveaux services innovants dédiés aux particuliers ayant un projet immobilier,

- appliquer une politique de croissance externe sélective.

SeLoger.com est cotée sur Eurolist by Euronext(TM) (compartiment B) depuis le 30 novembre 2006.

Code ISIN : FR0010294595

Adresse du site corporate : www.groupe-seloger.com

Contacts

Seloger.com HDL Communication +33(0)1-53-38-29-00 Bruno Lorthiois Laurence Maury blorthiois@hdlcom.com laurence.maury@seloger.com +33(0)1-58-65-00-72 Blandine Lazennec Hervé de Laitre blandine.lazennec@seloger.com hdl@hdlcom.com +33(0)1-58-65-00-71

seloger.com

Seloger.com, +33(0)1-53-38-29-00, Laurence Maury, laurence.maury@seloger.com, Blandine Lazennec, blandine.lazennec@seloger.com, HDL Communication, Bruno Lorthiois, blorthiois@hdlcom.com, +33(0)1-58-65-00-72, Hervé de Laitre, hdl@hdlcom.com, +33(0)1-58-65-00-71

Verizon Home Customers Get Simple, Worry-Free Option for Recurring, Monthly Card Payments for Calling, Internet and EntertainmentNew Online Option Automatically Charges Monthly Services to a Visa Card or MasterCard Account

NEW YORK, April 24 /PRNewswire/ -- The more than 6 million Verizon customers who manage their home phone accounts online each month are flocking to a new option to automatically pay their monthly calling, Internet and entertainment costs with their Visa or MasterCard card accounts.

"Verizon has just begun promoting the option, now available nationwide, of automatically charging customers' home bills to a Visa or MasterCard account, and we've already seen a surge in customers who are opting for the ease and simplicity of automatic billing," said Mark Studness, director of e-commerce for Verizon. "Customers save time and postage and help reduce paper waste when they pay their bills automatically."

The option is now being promoted in online banner ads on the Verizon Web site and in bill inserts, e-mails to registered online customers and envelope imprints.

To help draw attention to the option, Visa USA is running a sweepstakes through July, offering four Verizon winners $5,000 each for paying their bills using Visa.

Verizon has offered online account management and bill payment at verizon.com/billing for over six years, primarily relying on one-time and recurring direct debit payments. Last year, 15 million payments were made online at verizon.com; over 300,000 Verizon bills are paid online each week.

For privacy and convenience, enrolling for the new recurring payment option is done online. Once enrolled, customers continue to pay their bill by the previous method until their online or paper bill includes a "Do Not Pay" notice. Paper billing is automatically suspended once the recurring payments start. An e-mail is sent to customers when the bill is available online for review, and the customer's card is charged after a preset review period.

With nearly 30 million home customer accounts, the environmental impact of more paperless billing will be significant, Studness said. Last year, Verizon saved over 400 tons of paper, or about 6,300 trees, as a result of the program.

"This option, plus our very popular ONE-BILL option that integrates all wireline, wireless and entertainment costs on a single statement, make doing business with Verizon a breeze for our home customers," he said. "E-commerce is mainstream now, and the Verizon billing services are a big part of that flow."

Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 59 million customers nationwide. Verizon's Wireline operations include Verizon Business, which operates one of the most expansive wholly owned global IP networks, and Verizon Telecom, which is deploying the nation's most advanced fiber-optic network to deliver the benefits of converged communications, information and entertainment services to customers. A Dow 30 company, Verizon has a diverse workforce of approximately 242,000 and last year generated consolidated operating revenues of more than $88 billion. For more information, visit http://www.verizon.com/.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.

Verizon Communications Inc.

CONTACT: Jim Smith of Verizon Communications Inc., +1-908-559-3477,
james.albert.smith@verizon.com

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

Company News On-Call: http://www.prnewswire.com/comp/094251.html

Universal Technical Institute Schedules Fiscal 2007 Second Quarter Earnings Release and Conference Call

PHOENIX, April 24 /PRNewswire-FirstCall/ -- Universal Technical Institute Inc. , a provider of technical education training, announced today that it will hold a conference call on Tuesday, May 8, 2007, at 5:00 p.m. Eastern Time (2:00 p.m. Phoenix Time) to discuss its fiscal 2007 second quarter financial results and operating performance. The company will release its financial results for the 2007 second quarter ended March 31, 2007, after the close of the market on the same day. The conference call will feature President and Chief Executive Officer Kimberly McWaters and Senior Vice President and Chief Financial Officer Jennifer Haslip.

To participate in the live call, investors are invited to dial 866-250-3615 for domestic callers or 303-262-2139 for international callers, at least five minutes prior to start time. A live webcast of the call will be available via the Investor Relations section of the Universal Technical Institute website at http://www.uticorp.com/. Please go to the website at least 15 minutes early to register, download and install any necessary audio software. The conference call will also be archived for 90 days at http://www.uticorp.com/.

About Universal Technical Institute

Universal Technical Institute is a provider of technical education training for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. The company offers undergraduate degree, diploma and certificate programs at 10 campuses across the United States, and manufacturer-sponsored advanced programs at 18 dedicated training centers. Through its campus-based school system, Universal Technical Institute offers specialized technical education programs under the banner of several well-known brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (MMI) and NASCAR Technical Institute (NTI). For more information, visit http://www.uticorp.com/.

Safe Harbor Statement

Statements in this conference call concerning the future business, operating results and financial condition of the company are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based upon management's current expectations and are subject to a number of uncertainties that could cause actual performance and results to differ materially from the results discussed in the forward-looking statements. Factors that could affect the company's actual results include changes to federal and state educational funding, construction delays for new or expanding campuses, possible failure or inability to obtain regulatory consents and certifications for new or expanding campuses, potential increased competition, changes in demand for the programs offered by the company, increased investment in management and capital resources, the effectiveness of the company's recruiting, advertising and promotional efforts, changes to interest rates and low unemployment. Further information on these and other potential factors that could affect the company's financial results or condition may be found in the company's filings with the Securities and Exchange Commission, all of which are incorporated herein by reference. The company undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

Universal Technical Institute Inc.

CONTACT: Michael Conley, Vice President, Investor Relations,
+1-623-445-9326, or Jennifer Haslip, Senior Vice President and CFO,
+1-623-445-9402, both of Universal Technical Institute Inc.

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

Nano Chemical Systems Holding Introduces 100% Biodegradable 2-cycle Marine Oil, NANOILMARINE(TM)Unique Real Solution for EPA's 'Final Rule' regulating Outboard Motor and Personal Water Craft (PWC)

TAMPA, Fla., April 24 /PRNewswire-FirstCall/ -- Nano Chemical Systems Holdings, Inc. (BULLETIN BOARD: NCSH) , (Nanochem or "The Company"), announced today their latest entry into the multi-billion dollar performance chemical category, NANOILMARINE(TM), a "nano-enhanced" GREEN 2-cycle oil for use on marine applications. Unlike today's fossil and synthetic oils, NANOILMARINE(TM) is non-toxic and bio-degradable. The EPA's "Final Rule" regulating outboard motor and Personal Water Craft (PWC) emissions calls for a 75% reduction in hydrocarbon emissions nationally by 2025. 2-cycle NANOILMARINE(TM), marine oil will have a tremendous impact in achieving this goal.

Nanochem will produce NANOILMARINE(TM) utilizing the same nano-technology patent applications and inventions that it utilizes in its NANOIL(TM) which directly address bio-fuel production for a nano-enhanced line of "green" bio- lubricants. NANOILMARINE(TM) will be a unique combination of "green" Technologies to meet the needs of the Marine Consumer. Initial results indicate that NANOILMARINE(TM) can perform as well as today's fossil and synthetic oils in Marine applications. Further, the viability of bio-fuel production can be significantly enhanced by utilization of materials needed to be removed from Biodiesel and using these materials as feed stocks for NANOILMARINE(TM).

"As a company focused on rapidly deploying our technology to deliver to consumers high quality 'green' product, solutions that work to meet EPA guidelines is one of our company's primary goals," says Alex Edwards, III, CEO and President of Nanochem. "NANOILMARINE(TM) 2-cycle Marine Oil is the second in a series of products to be launched in our new 'WHY NOT GREEN' campaign," Edwards concluded. The company previously announced the introduction of NANOIL for use in automobiles.

For more information on the EPA's "Final Rule" go to http://www.epa.gov/otaq/regs/nonroad/marine/marnfria.pdf

"NANOIL 2-cycle Marine Oil is a critical introduction in reducing hydrocarbon emissions and alleviating concerns that outboard and Personal Water Craft emissions pose a substantive threat to water quality. Since this oil is mixed with gasoline, the potential exists for boating enthusiasts to accidentally spill this oil directly into the water supply," says Lou Petrucci, COO and VP Sales of Nanochem. "With 100% biodegradable oil, accidental spillage will not have an environmental impact."

About the Company:

In this age of "virtual companies" that rely on technology thinly veiled in contract manufacturing and outsource: Nano Chemical Systems, stands apart with in-house nano-research, development and a manufacturing plant, proven efficient against foreign competition, used as a spring board to inject world- class technology to be a "real company" with high growth and high profitability in Nanotechnology enhanced chemical materials markets worldwide. Nano Chemical Systems Holdings, Inc. has a wholly owned subsidiary, Sea Spray Aerosol, Inc., that produces aerosol products for its own formulas and does private labeling for various customers. Sea Spray operates a 36,000 square foot facility that contains offices, research, warehouse and manufacturing operations.

Forward Looking Statements:

Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.

For more information on Nano Chemical Systems Holdings visit: http://www.nanochemicalsystems.com/

For Investor Relations please contact: Redwood Consultants, LLC 415-884-0348

Nano Chemical Systems Holdings, Inc.

CONTACT: Investor Relations, Redwood Consultants, LLC, +1-415-884-0348,
for Nano Chemical Systems Holdings, Inc.

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

Vitria to Provide Red Hat's JBoss Enterprise Application Platform for Newly Launched Open SOA Integration SuiteBest-of-Breed Partnership Provides Flexibility and Freedom of Choice

SUNNYVALE, Calif., and RALEIGH, N.C., April 24 /PRNewswire/ -- Vitria Technology, Inc., a leading provider of business process integration solutions, and Red Hat , the world's leading open source solutions provider, today announced a collaboration to accelerate service-oriented architecture (SOA) solutions to the marketplace. Vitria will offer Red Hat's open source JBoss Enterprise Application Platform with Business Accelerator(TM), its newly launched open SOA integration suite. Both companies will provide service and support.

Business Accelerator aligns today's business need for speed with IT's need to implement the "right" technology. It offers freedom of choice and flexibility to build a best-of-breed solution by leveraging Vitria's proven expertise in business process integration software, technology capabilities provided by industry-leading partners, as well as the customer's existing infrastructure. JBoss Enterprise Application Platform, launched today by Red Hat, is an integrated, tested, and certified offering combining JBoss Application Server, Hibernate, and JBoss Seam into a single distribution for deploying and hosting applications and web services.

"We give customers the freedom to choose individual SOA components to create the best solution for their particular needs," commented Dale Skeen, Chief Executive Officer of Vitria. "The new Vitria products are designed to co-exist in a heterogeneous environment so customers can leverage their existing infrastructure investments. The addition of JBoss to our community of complementary solutions enables us to ensure that customers have the ability to choose the best of breed when they choose our products."

"Vitria has a long history of enabling enterprises to leverage the Internet for agile business and transformation, so we're pleased that the next generation of their business process integration solution will leverage our JBoss Enterprise Application Platform," said Pierre Fricke, director of product line management, SOA Products, Red Hat. "We look forward to working closely with Vitria to bring Business Accelerator to market and deliver an exceptional customer experience."

About Red Hat, Inc.

Red Hat, the world's leading open source solutions provider, is headquartered in Raleigh, NC with over 50 satellite offices spanning the globe. CIOs have ranked Red Hat first for value in Enterprise Software for three consecutive years in the CIO Insight Magazine Vendor Value study. Red Hat provides high-quality, low-cost technology with its operating system platform, Red Hat Enterprise Linux, together with applications, management and Services Oriented Architecture (SOA) solutions, including the JBoss Enterprise Middleware Suite. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: http://www.redhat.com/.

About Vitria

Vitria Technology, Inc. is the industry's leading privately-held business process integration company. Known for its innovation, the company offers Business Accelerator, the most flexible SOA integration suite on the market, plus the award-winning BusinessWare(R) B2B integration platform -- delivering both state-of-the-art legacy, and SOA-based process integration solutions for the enterprise. To maximize customer productivity, the company offers high-value "productized" applications and frameworks that automate and simplify complex processes, including Resolution Accelerator(TM), the leading solution for resolving business process exceptions. Vitria's customer base includes global 2000 organizations such as AT&T, Bell Canada, BellSouth, Blue Cross Blue Shield Association, BP, BT, DaimlerChrysler Leasing, Generali, Nissan, Reynolds & Reynolds, RBC Financial Group, Sprint, U.S. Department of Defense and Veterans Health Administration.

For more information call +1-408-212-2700, email info@vitria.com or visit http://www.vitria.com/ .

NOTE: Vitria and BusinessWare are registered trademarks of Vitria Technology, Inc. All other names may be trademarks of the companies with which they are associated. LINUX is a trademark of Linus Torvalds. RED HAT and JBOSS are registered trademarks of Red Hat, Inc. and its subsidiaries in the US and other countries.

Vitria Technology, Inc.

CONTACT: Mark Roth of Vitria, +1-973-218-2624, or mroth@vitria.com; or
Chantal Yang of Red Hat, +1-617-308-3346, or cyang@redhat.com

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

SAP E-Sourcing Offers Rapid Adoption and Time to ValueOn-Demand Model Gives Companies the Ability to Deploy Quickly and Realize Rapid Return on Investment

ATLANTA, April 24 /PRNewswire-FirstCall/ -- SAP AG today announced the SAP(R) E-Sourcing on-demand solution, a new offering that will give companies quicker deployment times and more immediate cost savings in their sourcing and procurement operations. Companies using the on-demand solution will be able to quickly ramp up and engage in sourcing activities, such as online auctions and RFP events, while retaining the option to extend to a complete source-to-pay process through the SAP(R) Supplier Relationship Management application as their needs evolve. The announcement was made at SAPPHIRE(R) '07, SAP's international customer conference, being held in Atlanta, Georgia, April 22 - 25.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a ) New "Power Up" Package Available for a 90-Day Test Drive

SAP also announced that the SAP E-Sourcing on-demand solution is available on a test-drive basis to qualified customers. Its new "power up" package includes 90 days to test drive the on-demand solution and experience potential savings using RFP and auction events. During the power-up test drive, companies will be able to access everything they would have as a subscription customer, including immediate access to the software, best practices, user support and training.

The power-up package is being launched at SAPPHIRE Atlanta. This special package is priced at $10,000* and is currently available exclusively in the United States. The SAP E-Sourcing on-demand solution is available globally in Chinese, English, French, German, Italian, Japanese and Spanish. For more details, please visit the GRC, Performance Management, and E-Sourcing Village on the show floor.

The Power of E-Sourcing On-Demand

Increasingly, companies are looking for flexible deployment options. Unlike offerings from point-solution vendors, the SAP E-Sourcing on-demand solution offers the best of two worlds: an on-demand model to meet the immediate needs of companies' sourcing and procurement operations as well as the ability to migrate to a proven and fully integrated source-to-pay application as their needs grow and change over time.

"The SAP E-Sourcing on-demand solution has helped us to realize an almost immediate return on investment," said Neil Aitken, Head of Central Procurement of First Choice Holidays PLC. "With a minimal investment in time, resources and training, we were able to get the solution up and running and have already seen a substantial increase in procurement savings."

Rapid Return on Investment for Companies of All Sizes

"Companies have been facing continued pressure to reduce costs, which has created a rapidly growing market for e-sourcing solutions," said Albert Pang, research director of enterprise applications at IDC. "While many enterprises have begun to realize the benefits of e-sourcing, we expect that new adaptable and affordable on-demand offerings will quickly put higher levels of procurement savings within the reach of companies of all sizes."

The SAP E-Sourcing on-demand solution helps companies automate sourcing efforts and reduce costs through collaborative project management, RFP events and online auctions-allowing, for instance, companies to procure goods or services by posting an RFP online and accepting the lowest bid from a suitable supplier. In addition, it offers rapid deployment as well as scalability for global organizations; effective and secure application delivery for geographically dispersed buyers and suppliers; and a seamless migration path to SAP Supplier Relationship Management and SAP Business Suite as new innovations from SAP bring greater integration and harmonization between on- premise and on-demand solutions.

"Due to its flexible deployment model, powerful capabilities and ease of use, the SAP E-Sourcing on-demand solution is helping procurement professionals in organizations of all sizes and geographies quickly take advantage of the efficiencies and savings available through online auctions and procurement practices," said John Zepecki, GM, SVP, SRM Strategy and Development, SAP. "E-sourcing is a great way for companies to get started in realizing the powerful benefits of supplier relationship management. We remain committed to providing the right tools to strengthen savings and profitability throughout the life of their organization."

* The "power up" package is available in the United States only. Current pricing is for the U.S. only and is subject to change at the discretion of SAP.

About SAP

SAP is the world's leading provider of business software*. Today, more than 39,400 customers in more than 120 countries run SAP(R) applications-from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver(R) platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at http://www.sap.com/)

(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

NOTE: SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24 United States Only: 1 (800) 872-1SAP (1-800-872-1727) For more information, press only: Manuela Schnaubelt, +49 (6227) 7-54715, manuela.schnaubelt@sap.com, CET SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; press@sap.com Jim Sarlo, Burson-Marsteller, +1 (312) 596-3525, jim.sarlo@bm.com, CDT

During SAPPHIRE (from April 23 to 25), to speak with press contacts on site, please dial the SAP press room at +1 (404) 222 5000.

Photo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com SAP AG

CONTACT: Manuela Schnaubelt, +49 (6227) 7-54715,
manuela.schnaubelt@sap.com, CET, or SAP Press Office, +49 (6227) 7-46315, CET,
or +1-610-661-3200, EDT, or press@sap.com, all of SAP; or Jim Sarlo of Burson-
Marsteller, +1-312-596-3525, or jim.sarlo@bm.com, for SAP

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

SAP Boosts Leadership in Retail Point-of-Sale SolutionsCompletes Integration of Triversity POS and Expands Global Alliance with IBMPoint-of-Sale Software Go-Lives Grant 'One View of the Customer' for Kenneth Cole in All U.S. Stores and DFS Group in Japan, China and Guam

ATLANTA, April 24 /PRNewswire-FirstCall/ -- In continuing evidence of its leadership as an enterprise software provider of choice in the worldwide retail sector, SAP AG today announced further strides in advancing the integrated retail point-of-sale (POS) solutions that are helping retailers around the world boost sales in a highly competitive market. In addition to completing the integration of Triversity POS solutions into the SAP for Retail portfolio, SAP is expanding its successful global alliance with IBM to jointly provide an industry-leading enterprise-level POS solution. The announcement was made at SAPPHIRE(R) '07, SAP's international customer conference, being held in Atlanta, Georgia, April 22 - 25.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a )

In the ultra-competitive retail space, retailers must provide a differentiated shopping experience and greater operational efficiencies. To achieve these objectives while also managing both the customer experience in the store and the overall retail business process, an integrated enterprise POS system is critical. Enhanced point-of-service features, including accurate and timely data about customer demand, multi-language/multi-currency support and secure, integrated returns processing combined with seamless integration into core merchandising and supply chain processes, give retailers using SAP software an unparalleled ability to understand their customers, anticipate and respond to demand and inspire loyalty and brand differentiation.

A growing number of retailers worldwide are utilizing POS applications from SAP. U.S. retailer Kenneth Cole Productions, Canada-based The Beer Store and international luxury travel retailer DFS Group are among the retailers benefiting from SAP's integrated software to improve store performance and customer service while providing a quality shopping experience for their customers.

Kenneth Cole Productions, Inc., a world-leading designer and retailer of footwear, handbags and accessories, is one of the latest customers to deploy the integrated POS software from SAP. The POS implementation went live in all U.S. Kenneth Cole stores this year.

"Since the go-live in March, we have been able to enhance our customer's shopping experience and increase our visibility into customer behavior through a faster and easier system," said Harry Kubetz, COO, Kenneth Cole Productions Inc. "With the go-live of the SAP Merchandising system this summer, we will be able to seamlessly link our corporate activities with customer behavior, delivering a differentiating shopping experience that aligns merchandise mix and promotional activity with our insight into customer demand."

SAP and IBM Expand Joint Offering

SAP and IBM have expanded their global alliance to offer an industry leading enterprise-level POS solution embedded with IBM's Store Integration Framework. The IBM Store Integration Framework encompasses a seamless set of middleware technologies, packaged specifically for retail, that integrates all devices and applications. It provides bundled, enterprise-class software and services that are pre-integrated, packaged and configured to help retailers attract more customers, increase customer loyalty, gain increased sales from larger shopping baskets and increase the productivity of employees.

SAP for Retail offers retailers an innovative, enterprise-based retail POS solution that allows deploying functionality at corporate and local store level. Configuration and software updates are instantly synchronized with all POS workstations without an intervening layer of administration. The joint SAP and IBM offering provides retailers with pre-packaged solutions at a lower cost. One of the features of the easy-to-install solution from SAP and IBM is remote POS monitoring. POS software from SAP with embedded IBM Store Integration Framework is available as a standalone solution or as an integrated offering with the SAP for Retail solution portfolio.

Retailers Benefit from Enhanced SAP Point-of-Sale Solution

One of the early adopters of the joint offering from SAP and IBM is DFS Group, the world's leading luxury retailer for international travelers, which implemented POS software from SAP and IBM Store Integration Framework across stores in Japan, China and Guam, with plans to enter more countries later this year. By utilizing POS applications from SAP, which are integrated with IBM Store Integration Framework, DFS Group has created a seamless and convenient shopping experience for customers in its airport and Galleria locations.

Another adopter of POS software from SAP is The Beer Store, the primary distribution and sales channel for beer in Ontario, Canada, offering more than 330 beer brands from over 75 brewers worldwide. The Canadian retailer is planning on rolling out the new solution in 200 of its stores in 2007. The implementation will help The Beer Store enhance its positioning in the highly competitive beverages market in Canada by improving ability for real-time inventory visibility for marketing initiatives. The Beer Store is proud of its 80-year history of social responsibility and environmental leadership including its bottle deposit-return system and commitment to recover 100 percent of beer packaging, as well as all wine and spirit containers through the new Ontario Deposit Return Program. One of the advantages of utilizing SAP software is that The Beer Store can better monitor its bottle return systems, setting another standard of corporate social responsibility through the use of innovative technology for the industry.

"True integration of point-of-sale transactions into the enterprise has always been at the center of store operations, and SAP is leading the way," said Rick Chavie, senior vice president of Industry Solution Management, Trading, SAP AG. "SAP offers the only truly integrated POS solution on the market that seamlessly connects what happens at the register to enterprise business processes. Not only is it an integrated and scalable solution -- from one to thousands of stores -- it also provides the most economical platform for future innovation and growth, assuring the functionality is in place for retailers to offer a differentiated shopping experience that inspires customers to shop with the retailer again and again."

POS Systems Rise to Supermodel Status in North America

According to a new study by IHL Consulting Group, a global research and advisory firm for technologies deployed in the retail and hospitality industries, North American retailers will spend $5.8 billion on POS systems in 2007.

"Retailers continue to see the POS as more than just a method for accurately recording sales," said Greg Buzek, president of IHL Consulting Group. "Added functionality at the POS, through capabilities like customer returns, inventory look-up, or workforce management, help retailers see POS as the central system in the store."

About SAP for Retail

SAP for Retail is a solution portfolio that helps retailers understand their business, anticipate the needs of their business and inspire their customers, employees and shareholders by delivering results. The portfolio comprises an end-to-end set of retail solutions; demand management, merchandise management, sourcing and buying, supply chain, customer shopping experience and enterprise management which covers HR and finance solutions. SAP for Retail helps retailers of all sizes to create shopping experiences that their customers will want again and again, by providing the ability to make the right decisions quickly and profitably (Additional information at http://www.sap.com/retail/).

About SAP

SAP is the world's leading provider of business software*. Today, more than 39,400 customers in more than 120 countries run SAP(R) applications -- from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver(R) platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at http://www.sap.com/)

(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

NOTE: SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24 United States Only: 1 (800) 872-1SAP (1-800-872-1727) For more information, press only: Evan Welsh, +49 (6227) 7-67514, evan.welsh@sap.com, EDT SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; press@sap.com Katja Schroeder, Burson-Marsteller, + 1 (212) 614-4981, katja.schroeder@bm.com, EDT Christina Siebels, Burson-Marsteller, +49 69 238 09-98, christina.siebels@bm.com, CET

During SAPPHIRE (from April 23 to 25), to speak with press contacts on site, please dial the SAP press room at +1 (404) 222 5000.

Photo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com SAP AG

CONTACT: Evan Welsh, +49 (6227) 7-67514, or evan.welsh@sap.com, or SAP
Press Office, +49 (6227) 7-46315, or +1-610-661-3200, or press@sap.com, both
of SAP; or Katja Schroeder, +1-212-614-4981, or katja.schroeder@bm.com, or
Christina Siebels, +49 69 238 09-98, or christina.siebels@bm.com, both of
Burson-Marsteller, for SAP

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

Genesys and ClickFox Improve Customer Experience With Analytics and Customer Behavior IntelligenceGenesys to Integrate and Resell ClickFox Software to Improve Internet, Self-Service and Contact Center Interactions

SAN DIEGO, April 24 /PRNewswire-FirstCall/ -- Genesys Telecommunications Laboratories, Inc., an Alcatel-Lucent company (Euronext Paris and NYSE: ALU), and ClickFox today announced they have integrated the Genesys 7.5 customer interaction management suite with ClickFox's Customer Behavior Intelligence (CBI) software and Genesys will begin reselling ClickFox software.

In the past, most organizations could not easily track customer interactions that started on the web and continued into other parts of customer service, especially when customers abandoned the interaction prior to completion. Any possible lessons or problems with a site went unnoticed. Most customers simply started from scratch, either over the Internet or by phone, when resuming their requests. As a result, today many customers see serious gaps in continuity as they move between different channels of contact.

"Customer expectations are higher today than ever before and are continuing to rise," said Wes Hayden, president and CEO of Genesys. "Companies with actionable data about customer behavior have a clear understanding of how -- and where -- to make the improvements that impact customer satisfaction the most."

Genesys, the world's leading software platform for customer interaction, leverages customer information and analytics models to orchestrate and improve business processes applied to customer service across all channels. Used by the largest customer service organizations in the world, Genesys captures millions of interactions each day, creating an integrated source of web, voice self-service, and assisted-service interactions using its InfoMart and customer logs.

ClickFox's Customer Behavior Intelligence software takes large interaction datasets, such as web, IVR and agent transaction logs, and creates visual maps that enable customer service organizations to analyze and improve the overall customer experience. Through "path analytics" and subsequent improvements, an enterprise can reduce abandoned tasks and repetitive requests that lead to frustration. ClickFox's path analytics approach helps reveal the real customer experience across channels.

When combined with the Genesys suite, ClickFox improves an organization's understanding of what works, where customer bottlenecks occur and the best path for improvement. The key benefit of the integration is that it simplifies access to a complete set of customer interaction data through a single source, helping to optimize the total customer experience.

About ClickFox

ClickFox is privately held with leading investors that include Cedar Fund, Delta Ventures and Veritas Venture Partners, and is headquartered in Atlanta, Georgia. ClickFox's unique software modeling solutions enable businesses to translate complex customer interactions across multiple service channels, revealing the entire customer experience. ClickFox models and analyzes behavior in any interactive system, including:

-- Interactive Voice Response (IVR) -- Speech recognition -- Internet/Intranet sites and web applications -- Kiosks -- CRM and enterprise applications

ClickFox customers have realized both cost savings and performance optimization, including:

-- Increased transactional conversions -- Increased user adoption rates for web applications -- Reduced IVR call transfer rates to more expensive customer service representatives -- Increased web self-help service fulfillment rates -- Enhanced customer satisfaction -- Reduced customer churn -- Less reliance on expensive enterprise interaction channels -- Increased click-throughs and conversions for interactive advertising -- Optimized brand awareness and performance About Genesys Telecommunications Laboratories, Inc.

Genesys, an Alcatel-Lucent company, is the only company that focuses 100% on software to manage customer interactions over the phone, web and in e-mail. The Genesys software suite dynamically connects customers with the right resources -- self-service or assisted-service -- to fulfill customer requests, optimize customer care goals and efficiently use resources. Genesys software directs more than 100 million customer interactions every day for 4,000 companies and government agencies in 80 countries. These companies and agencies can leverage their entire organization, from the contact center to the back office, to improve the overall customer experience. As a result, Genesys helps stop customer frustration, drive efficiency, and accelerate business innovation. For more information, go to http://www.genesyslab.com/ or visit the industry blog at http://www.betterinteractions.com/

About Alcatel-Lucent

Alcatel-Lucent (Euronext Paris and NYSE: ALU) provides solutions that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications, and services, Alcatel-Lucent offers the end-to-end solutions that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved adjusted proforma revenues of Euro 18.3 billion in 2006 and is incorporated in France, with executive offices located in Paris. [All figures exclude impact of activities transferred to Thales]. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com/

Genesys Telecommunications Laboratories Inc.

CONTACT: David Radoff of Genesys, +1-650-466-1078, or
dradoff@genesyslab.com

Web site: http://www.alcatel-lucent.com/

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

SAP Unveils Road Map for Next Wave of SAP NetWeaver InnovationsFocus on Helping CIOs Drive Business Differentiation Through Evolution into a Strategic Business Process Platform

ATLANTA, April 24 /PRNewswire-FirstCall/ -- SAP AG today unveiled the next wave of functionality in SAP NetWeaver(R), designed to help CIOs establish a strategic platform to fuel business process innovation and keep up with the speed of change required by the business. With SAP NetWeaver, customers, partners and developers can maintain a stable, core IT foundation while leveraging new platform advancements to drive business growth. New functionality in SAP NetWeaver is aligned under four pillars: improved user access and productivity, accelerated application and business process composition, streamlined access to relevant and reliable information across the enterprise and automated governance of enterprise service-oriented architecture (enterprise SOA). The announcement was made at SAPPHIRE(R) '07, SAP's international customer conference, being held in Atlanta, Georgia, April 22 - 25.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a )

"CIO's need to maximize their limited IT dollars and align around a technology platform that balances the stability of their day-to-day business processes, with the fast-paced IT innovation demanded by today's rapidly changing business events," said Dan Sholler, research vice president, Gartner.

SAP is meeting these needs by delivering new platform capabilities and enhancements in an incremental manner to supplement the core foundation of SAP NetWeaver and SAP(R) ERP. This new, easy-to-deploy functionality is scheduled to be made available starting in 2007. Highlights under the four pillars include:

o State-of-the-art user experience through Web 2.0, AJAX and rich-client capabilities o Java EE5-based application and process composition enabled for lean consumption o High-performance service-bus capabilities based on Web service standards o Built-in SOA governance through SAP NetWeaver(R) Enterprise Services Repository and UDDI 3.0 registry Improving User Access and Productivity

SAP is simplifying the user experience and streamlining business processes by delivering enhancements to SAP NetWeaver(R) Portal, the new SAP NetWeaver(R) Business Client software and improved multi-channel access functionality. New capabilities extend the value of each user interface, designed to support an individual's role in the organization. SAP NetWeaver Portal creates new efficiencies for collaborative project work through an AJAX-enabled interface that will help end users combine business data and application functionality. The portal also introduces Web 2.0 tools, including wikis and social networking, to support enterprise-wide collaboration while also helping customers ensure security and compliance.

Designed to support the needs of task workers, such as order clerks and financial managers, SAP NetWeaver Business Client offers a new, rich user interface which can be used to access SAP applications from the desktop. The new client also supports integration with other desktop applications. Additionally, mobile users will benefit from scalability and TCO improvements to SAP NetWeaver Mobile, the technical foundation for enterprise mobility within the platform, and the new SAP NetWeaver(R) Voice, a new development toolkit offering SAP application access from any phone.

Accelerating Application and Process Composition

Fostering greater business process automation and flexibility, SAP will offer new functionality delivered through SAP NetWeaver(R) Composition Environment (SAP NetWeaver CE) and SAP NetWeaver(R) Process Integration (SAP NetWeaver PI). The Java EE5-based SAP NetWeaver CE is a next-generation set of integrated tools to be used by customers, partners and SAP for the composition and deployment of standards-based composite applications. Additionally it provides developers an integrated environment used to create and adapt applications and processes across heterogeneous IT assets based on enterprise services from SAP, its customers and partners.

SAP NetWeaver Process Integration, an evolution of the SAP NetWeaver(R) Exchange Infrastructure (SAP NetWeaver XI), will further strengthen SAP's support for the technical infrastructure of enterprise SOA. This includes a standards-based service bus connecting composite applications with enterprise services, as well as the UDDI 3.0 compliant, SAP NetWeaver Enterprise Services Repository. In addition to significantly enhanced performance characteristics, SAP NetWeaver PI also comes with new business activity monitoring (BAM) capabilities to manage business events and resolve alerts in real-time.

Streamlining Access to Relevant and Reliable Information Across the Enterprise

SAP is delivering significant new enhancements in the area of enterprise information management via SAP NetWeaver(R) Business Intelligence (SAP NetWeaver BI) and SAP NetWeaver(R) Master Data Management (SAP MDM). New functionality and tightened integration between these proven platform capabilities help users securely manage and improve the quality of business information and also quickly identify and act on business driven insights.

The next generation of SAP NetWeaver BI will deliver a simplified Web 2.0- based user experience, provide increased self-service access to corporate information for business users -- including via SAP NetWeaver(R) Enterprise Search -- and will further embed intelligence within the context of daily business processes, event-driven and task-oriented. To further increase business agility, customers will be able to deploy SAP NetWeaver BI via federated departmental deployments, allowing lines of business to own and manage their own BI environment while still under the company's corporate governance policies for information management.

SAP NetWeaver MDM allows customers to manage and harmonize all types of master data in a single platform. New enhancements to SAP NetWeaver MDM include a comprehensive new security model for enhanced governance and audit tracking, new data syndication and distribution and support for Asian languages.

Automating Enterprise SOA Governance

As companies continue down the path to better align around an enterprise SOA infrastructure, SAP now offers a next version of SAP NetWeaver Enterprise Services Repository (SAP NetWeaver ESR). The enterprise services repository provides access to more than 1,000 productized enterprise services for rapid innovation as co-defined by SAP, its partners and customers. Unlike other basic registries that only focus on Web service management, SAP NetWeaver ESR comes with business process models and business object models, in addition to Web service definitions. Customers and partners can also ensure common business semantics for ease of composition and reuse by using SAP's own best practices and processes for enterprise service creation, management and governance.

SAP NetWeaver Momentum Keeps Building

SAP NetWeaver continues to experience accelerated platform adoption rates with usage increasing 250 percent in 2006, representing more than 13,000 customers using SAP NetWeaver as their strategic platform in support of critical business processes.

"SAP NetWeaver is the right choice for CIO's who are looking to establish a strategic technology platform that supports existing and future IT investments and helps align IT with evolving business needs," said Klaus Kreplin, corporate officer and member of the Executive Council, head of SAP NetWeaver Technology, SAP AG. "New functionality will allow customers to more easily identify opportunities for business innovation, helping them move ahead of the competition."

About SAP

SAP is the world's leading provider of business software*. Today, more than 39,400 customers in more than 120 countries run SAP(R) applications-from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver(R) platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at http://www.sap.com/)

(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

NOTE: SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24 United States Only: 1 (800) 872-1SAP (1-800-872-1727) For more information, press only: Lindsey Held, +1 (650) 823-7030; lindsey.held@sap.com, PDT SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; press@sap.com Rachel Allen, Burson-Marsteller, +1 (415) 591-4041, rachel.allen@bm.com, PDT

During SAPPHIRE (from April 23 to 25), to speak with press contacts on site, please dial the SAP press room at +1 (404) 222 5000.

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AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com SAP AG

CONTACT: Lindsey Held, +1-650-823-7030, or lindsey.held@sap.com, or SAP
Press Office, +49 (6227) 7-46315, CET, or +1-610-661-3200, EDT, or
press@sap.com, for SAP; or Rachel Allen of Burson-Marsteller, +1-415-591-4041,
or rachel.allen@bm.com, for SAP

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

SAP Customers Worldwide Transform their Business Networks with Enterprise SOACustomers Across Industries Gain Competitive Advantage and Drive Efficiencies with Enterprise SOA

ATLANTA, April 24 /PRNewswire-FirstCall/ -- SAP AG today announced that customers worldwide and across industries such as banking, public sector, life sciences, professional services and manufacturing are measurably increasing competitive advantage and improving efficiencies in their organizations by transforming their business networks with enterprise service-oriented architecture (enterprise SOA). Enterprise SOA, a blueprint for creating a highly flexible IT landscape based on the SAP NetWeaver(R) platform, enables companies to rapidly respond to changing business requirements and competitive market dynamics, while maximizing existing IT infrastructure and resources-addressing key business requirements of organizations across the globe and across all industries. The announcement was made at SAPPHIRE(R) '07, SAP's international customer conference, being held in Atlanta, Georgia, April 22 - 25.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a )

Enterprise SOA enables companies to increase competitive advantage and build a sustainable business by accelerating innovation, capturing new revenue, developing operational efficiencies and empowering information workers. Business processes are the key to unlocking the potential of these strategies and adapting to changing business requirements. With enterprise SOA, companies can link stand-alone processes to quickly compose new end-to- end processes, selectively redesign existing processes to make changes faster and facilitate seamless design and execution across company boundaries to include business partners.

This flexible and adaptable architecture enables companies to achieve business network transformation -- the optimization of a company's network of suppliers, partners and distributors -- to maximize the productivity of non- differentiating tasks and to accelerate innovation. For companies across industries, enterprise SOA translates to rapid deployment of new product and service offerings, tighter integration with partner networks to help ensure "one face" to the customer, automated and streamlined common processes, a collaborative work environment for information workers to leverage knowledge across the organization, and the ability to empower a mobile workforce.

"Companies in highly competitive industries are leveraging enterprise SOA to transform their business networks, working across company borders and in conjunction with partner ecosystems to drive competitive advantage and deliver more value to their customers," said Klaus Kreplin, corporate officer and member of the Executive Council, head of SAP NetWeaver Technology, SAP AG. "With more than 13,000 productive deployments of SAP NetWeaver, companies are clearly moving to the SAP platform as the foundation for creating a highly flexible IT landscape."

Dow Chemical: Increasing Competitive Advantage

The Dow Chemical Company views IT as an enabler of the company's strategic and global business model. A major component of Dow's capability in delivering world-class global operations is its continued commitment to best-in-class IT and work process systems. Currently, Dow Chemical is launching Next Enterprise Architecture (NEA), an internal initiative to upgrade Dow's IT infrastructure through the deployment of innovative IT systems that enable increased collaboration with customers, employees and suppliers. To support its Next Enterprise Architecture, Dow has extended its relationship with SAP, which will provide software and solutions that enable Dow to increase integration and support more robust applications and security features throughout its value chain at lower information technology costs. This is a logical extension to a long and successful relationship that began in 1987 and has fostered growth and success for both companies. Dow will be a large-scale adopter of SAP ERP and the SAP NetWeaver platform -- key elements of Dow's Next Enterprise Architecture.

"Effective companies anticipate the need for change rather than respond to it," said Dave Kepler, CIO, Dow Chemical. "It is important for companies such as ours to have key alliances that enable an IT strategy that can adapt to changing market needs and regulations, while leveraging existing investments. A service-oriented architecture based on SAP NetWeaver is the foundation upon which we are enabling our IT solutions to deliver upon the business goals for the company's future."

GISA GmbH: Creating New Offerings for Customers Without Disruption to Core Business

Based in Halle, Germany, GISA GmbH, a leading services provider with strong focus on the utilities industry, is dedicated to a strong growth strategy focused on broadening its customer base and offering first-class customer services. In order to best serve current and future customers, the company needed an adaptable IT infrastructure that would scale as needed to serve its growing customer base and streamline business operations -- while eliminating the need for continuous major upgrades. In conjunction with SAP Services, GISA completed an enterprise SOA road map, creating a clear path to SOA.

Today, the flexibility of an enterprise SOA-enabled platform, leveraging SAP ERP and SAP NetWeaver, enables accelerated innovation through ongoing enhancements rather than full upgrades. As a result, GISA has put an improved electronic billing and payment process in place that supports a growing customer base and makes the invoicing and payment process more convenient to its current customers. GISA has an improved cash flow, reduced billing process times and costs and improved customer relationships. With this solution, GISA is well-poised to continue its growth strategy to accommodate new customers and streamline business operations to keep costs low.

GISA has successfully completed the ramp-up of the first SAP enhancement package for SAP ERP, enabling the company to take immediate advantage of new innovations from SAP without disruption to its core SAP ERP installation. (For more information about enhancement packages, please see Sept. 12, 2006 press release, titled "SAP Delivers Innovation without Disruption to mySAP ERP Customers"). The project implementation was smooth and the solution went live within eight weeks of project start.

"This solution was chosen by GISA to meet the business needs of streamlining the billing and payment process for a rapidly growing customer base; to lower TCO by easy incorporation of data from non-SAP and SAP applications into the workflow; and to raise customer satisfaction by allowing the customers to view and approve and process their invoices at their convenience," Michael Kruger, CIO, GISA GmbH. "Additionally, customers could view information about the service level quality of services they have received on the customer-facing portal."

The flexibility of enterprise SOA is the basis for the differentiation of professional services providers in the marketplace to enable them to easily extend and customize our solutions to map to their unique business processes.

Standard Bank: Increasing Business Agility

Banks have encountered a great deal of turbulence in recent years, due to regulatory change, tidal waves of consolidation, new technologies, seismic shifts in customer behavior and the globalization of financial functions and capital markets. Some banks foresee these changes, and the impact they will have, at a time where their financial and peer performance is strong; and they use this position of strength to initiate the strategic changes required to respond to the challenges. Standard Bank is one of them.

"In the effort to move to a more customer centric business, Standard Bank needed to eliminate our IT silos that were taking and receiving diverse customer information, which included many interfaces, high costs and high complexity," said Herman Singh, director, Architecture & Technology Engineering. "The advantage of an enterprise SOA platform is that we can differentiate and build customer loyalty through the agility and flexibility of the SAP NetWeaver platform."

Kodak: Containing Costs by Improving Efficiencies

Today's manufacturers are faced with growing challenges to make positive changes to their operations to have less of an impact on environment as they work to grow and expand to remain competitive. Kodak Park, in Rochester, New York, is the company's largest global manufacturing site. With more than 1,300 acres, 150 buildings and 30 miles of roads, the facility has its own fire department, railroad, water and wastewater treatment plants and a power plant. Committed to reducing greenhouse gas emissions, energy usage and water consumption, the company, along with partner OSIsoft, took advantage of the SAP NetWeaver platform to develop data links to better display and deliver energy consumption data. By enabling users to gather, analyze, and display real-time production and operational energy consumption data, the company identified additional conservation opportunities, tracked building power consumption thereby predicting requirements of the power plant, and exceeded energy savings goals -- resulting in a savings of millions of dollars, annually.

"Through the flexibility of the SAP NetWeaver platform we were able to quickly implement a project that delivered tremendous results in record time," said Vicki Nagy, CIO, Film Product Group, Eastman Kodak. "Not only are we realizing savings in our efforts to improve energy management, while making less of an impact on the environment, but we are learning how efficiently we can apply enterprise SOA technologies and make similar differences in other areas of the organization."

Leveraging SAP NetWeaver as the Platform for Enterprise SOA

SAP NetWeaver, together with SAP ERP and productized enterprise services, delivers the business process platform for enterprise SOA, enabling companies to centralize a core foundation for IT and fuel business process innovation. For more information about the latest enhancements in the SAP NetWeaver platform, please see related announcement, "SAP Unveils Road Map for Next Wave of SAP NetWeaver Innovations," from April 24, 2007.

Customer Success Transitioning to Enterprise SOA Is Maximized by SAP Services

As part of its commitment to provide exceptional service, value and support for its customers, SAP Services plays an essential role in maximizing customer success throughout the adoption of enterprise SOA. More than 900 enterprise SOA road maps have already been completed by companies around the world. SAP Consulting and SAP partners are delivering professional services designed to lower cost and drive immediate value for customers throughout every stage, including the introduction of repeatable, comprehensive pre- configured and predefined consulting services designed to align customers' specific process requirements with SAP's proven best business processes. These professional services are delivering benefits to large enterprises and midsize companies around the world through the standardization and reuse of content and service components for greater transparency and more predictable results by matching the service innovation and engineering life cycle to the software solution development process.

For more information on enterprise SOA, visit: http://www.sap.com/platform/esoa

For more information on SAP NetWeaver, visit: http://www.sap.com/solutions/netweaver

About SAP

SAP is the world's leading provider of business software*. Today, more than 39,400 customers in more than 120 countries run SAP(R) applications -- from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver(R) platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at http://www.sap.com/)

(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

NOTE: SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24 United States Only: 1 (800) 872-1SAP (1-800-872-1727) For more information, press only: Shabana Khan, +1 (650) 461-1332, shabana.khan@sap.com, PDT Randi Polanich, +1 (610) 661-4491, randi.polanich@sap.com, EDT Phillips Hofmann, +49 (6227) 7-40970, phillips.hofmann@sap.com, CET SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; press@sap.com Uwe Schaad, Burson-Marsteller, +49 69 238 09-31, uwe.schaad@bm.com, CET Rachel Allen, Burson-Marsteller, +1 (415) 591-4041, rachel.allen@bm.com, PDT

During SAPPHIRE (from April 23 to 25), to speak with press contacts on site, please dial the SAP press room at +1 (404) 222 5000.

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AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com SAP AG

CONTACT: Shabana Khan, +1-650-461-1332, or shabana.khan@sap.com, or
Randi Polanich, +1-610-661-4491, or randi.polanich@sap.com, or Phillips
Hofmann, +49 (6227) 7-40970, phillips.hofmann@sap.com, or SAP Press Office,
+49 (6227) 7-46315, or +1-610-661-3200, or press@sap.com, all of SAP; or Uwe
Schaad, +49 69 238 09-31, or uwe.schaad@bm.com, or Rachel Allen,
+1-415-591-4041, or rachel.allen@bm.com, both of Burson-Marsteller, for SAP

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

XO Interactive and Genesys Announce On-Demand Proactive Communication Solutions for Six Key Vertical MarketsXO Leverages Genesys Customer Interaction Management Software, Creating On- Demand Voice Self-Service for Financial Services, Insurance, Banking, Healthcare, Pharma and Utilities

SAN DIEGO, April 24 /PRNewswire-FirstCall/ -- Two of the leading providers of customer service software and managed services have unveiled new, on-demand proactive communication solutions designed for vertical markets, including financial service, banking, healthcare, pharmacy, utilities and insurance markets.

At G-Force, North America's largest annual meeting of Genesys customers and partners, XO Interactive, a leading provider of Enterprise Voice Managed Services and a subsidiary of XO Communications, and Genesys Telecommunications Laboratories, Inc., an Alcatel-Lucent company (Euronext Paris and NYSE: ALU), demonstrated how on-demand communication solutions can help businesses be more proactive in addressing customer service and support issues.

Proactive contact is the use of outbound contact technology to anticipate customer needs and provide notification using any of several communication channels, including telephone, SMS, instant messaging, voice messages and paging. Key industry analysts are pointing to proactive contact as a new opportunity to improve customer loyalty and satisfaction(1).

In fact, a surprisingly large number of customers appreciate proactive communication and can become more loyal if it is used effectively. A global survey of 4,300 consumers released this week by Genesys found that 89 percent of consumers feel that proactive communications from companies by phone or by text can be a positive experience.

As an example, 87 percent of consumers indicated having a more positive opinion of a supplier after receiving a courtesy call to thank them for their business or to ask about their satisfaction. When used effectively, this type of proactive communication can build customer relationships. Some types of proactive communication are also less intrusive than live agent calls, such as voice or text messages, so it's important to match the communication to the right channel.

For businesses, proactive communication can also help increase average revenue per customer, reduce the cost of customer service and improve customer retention.

A wide variety of industries can leverage proactive communications. For example, retail pharmacies can reduce inbound order status calls and the cost of return-to-stock by using automated "will call" to notify customers of prescription status and availability.

Insurance companies find that policy renewals increase with frequent communications leading up to the renewal event, and the number of products sold per customer increases.

Retailers already know that proactive communication with their most loyal customers can increase this segment's spending. Not only can retailers generate additional revenue but, they can provide information on order status while confirming information (e.g. shipping) to ensure the highest levels of service.

On-demand proactive communication solutions for vertical markets were demonstrated in both the G-Force exhibit hall and during key breakout sessions. On-demand services are part of the XO Enterprise Voice Managed Services suite, and leverage the Genesys voice self-service platform to provide companies with the flexibility to proactively contact customers with both simple notifications and speech-enabled transactional communications.

XO Interactive on-demand services also enable companies to use the Genesys platform to quickly and easily deliver voice messages to customers via an automated system, with content customized for these specific vertical markets.

On Wednesday, April 25, at 8:30 a.m. at G-Force, XO Interactive will host a one-hour session titled, "Touch Your Customers As Never Before." During this time, presenters will cover the value proposition, supporting industry examples and a success story of a customer's communication innovation that drove additional revenue.

About XO Interactive

XO Interactive, a subsidiary of XO Holdings, Inc. (OTCBB: XOHO.OB), provides managed services to every industry and spans enterprise and medium business markets. As one of the nation's largest providers of voice self- service, XO Interactive delivers solutions of unparalleled scalability, at the highest quality and with carrier grade reliability from its geo-redundant data centers to some of the largest organizations of the Global 1000.

About Genesys Telecommunications Laboratories, Inc.

Genesys, an Alcatel-Lucent company, is the only company that focuses 100% on software to manage customer interactions over the phone, web and in e-mail. The Genesys software suite dynamically connects customers with the right resources -- self-service or assisted-service -- to fulfill customer requests, optimize customer care goals and efficiently use resources. Genesys software directs more than 100 million customer interactions every day for 4,000 companies and government agencies in 80 countries. These companies and agencies can leverage their entire organization, from the contact center to the back office, to improve the overall customer experience. As a result, Genesys helps stop customer frustration, drive efficiency, and accelerate business innovation. For more information, go to http://www.genesyslab.com/ or visit the industry blog at http://www.betterinteractions.com/

About Alcatel-Lucent

Alcatel-Lucent (Euronext Paris and NYSE: ALU) provides solutions that enable service providers, enterprises and governments worldwide, to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications, and services, Alcatel-Lucent offers the end-to-end solutions that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved adjusted proforma revenues of Euro 18.3 billion in 2006 and is incorporated in France, with executive offices located in Paris. [All figures exclude impact of activities transferred to Thales]. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com/

(1) Gartner subscribers can reference research report #G00133594.

Genesys Telecommunications Laboratories Inc.

CONTACT: David Radoff of Genesys, +1-650-466-1078, or
dradoff@genesyslab.com

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

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

Web site: http://www.alcatel-lucent.com/

SAP and Microsoft Deliver Extended Road Map for Duet(TM) SoftwareContinued Commitment to Empowering Information Workers With Simplified Access to Key Business Data and Processes Through Microsoft Office

ATLANTA, April 24 /PRNewswire-FirstCall/ -- SAP AG and Microsoft Corp. today announced that they have deepened their relationship and extended their product road map for Duet(TM) software for Microsoft(R) Office and SAP, a solution that allows information workers to interact with select SAP business processes and data through Microsoft Office applications. The companies will jointly enhance Duet with additional business scenarios, platform capabilities and development tools. The upcoming version, Duet 2.0, is planned for the end of 2008 and Duet 3.0 is planned to be released soon after the next generation of SAP(R) Business Suite applications and Microsoft Office software, including Microsoft Office SharePoint(R) Server. This announcement from SAP and Microsoft underscores the companies' continued investment in shaping the future of Duet to ensure that it benefits their joint customers. The news was released at SAPPHIRE(R) '07, SAP's international customer conference, being held in Atlanta April 22 - 25.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a http://www.newscom.com/cgi-bin/prnh/20070424/SFTU053LOGO )

"Today's announcement is a win for customers, another example of SAP's ongoing tradition of co-innovation with partners and evidence of our continued commitment to our relationship with Microsoft," said Leo Apotheker, president of Customer Solutions and Operations and deputy CEO of SAP AG. "Duet started out as a revolutionary combination of two industry leaders and continues as the only commercially available product that is jointly developed and supported by both Microsoft and SAP. With this Duet road map, customers and partners can count on richer business scenarios, new collaboration features and simpler, more flexible ways for information workers to leverage their organization's business processes and information."

For organizations to succeed, all employees need instant access to relevant enterprise information and processes. Originally announced in April 2005, Duet is the result of groundbreaking collaboration between SAP and Microsoft which extends the benefits of SAP to information workers through the familiar Microsoft Office environment. Duet makes SAP applications useable right away without the need for training on a new user interface.

"The incredible level of interest in Duet by our customers motivated us to share specifics around the future direction of the product," said Jeff Raikes, president of the Microsoft Business Division at Microsoft. "The broadened capabilities of Duet coupled with the Microsoft Office SharePoint Server integration will bring businesses new value and people the tools to help them drive business success."

Duet is a model for how applications perform in the age of enterprise service-oriented architecture (enterprise SOA). Combining the power of enterprise SOA capabilities in the coming versions of SAP(R) Business Suite applications, Microsoft Office software and Microsoft Office SharePoint Server, Duet will help customers create software building blocks that they can use to easily deploy and customize Duet without disrupting their current IT infrastructure. As a result, Duet continues to be embraced by customers and partners with more than 250 customers and 400,000 licenses sold in less than a year. The upcoming features are based on feedback from this growing community of Duet customers.

Both industry leaders continue to co-innovate using their rich portfolios of enterprise SOA technologies to empower information workers with access to critical business processes and information, and collaborate via their preferred user environment. Following are some new features customers can expect in Duet 2.0 and Duet 3.0:

* Enhanced and new business scenario support for sales and supply chain management, and other business scenarios -- extended capabilities will allow sales professionals to manage sales leads and opportunities within SAP(R) Customer Relationship Management (SAP CRM) from Microsoft Office. Additionally, supply chain managers will have new capabilities for purchasing and legal contract management. There will also be support for selected governance, risk and compliance scenarios. * Expansion of Duet to support unstructured processes, information and team collaboration through embracing Microsoft Office SharePoint Server, Microsoft's business productivity platform. The combination of SAP Business Suite and Microsoft Office SharePoint Server streamline the way people do business by truly connecting people, process and information. * Enhanced Duet tools and infrastructure interwoven with Microsoft Office SharePoint Server, so customers and partners can customize existing scenarios and create new ones. New scenario templates and development tools allow organizations to adapt existing Duet scenarios and build new scenarios that meet their evolving business needs. For more information on Duet, visit http://www.duet.com/ About Microsoft

Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

About SAP

SAP is the world's leading provider of business software*. Today, more than 39,400 customers in more than 120 countries run SAP(R) applications -- from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver(R) platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at < http://www.sap.com/ >)

(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

NOTE: SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world.

Microsoft and SharePoint are trademarks of the Microsoft group of companies.

All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24 United States Only: 1 (800) 872-1SAP (1-800-872-1727) For more information, press only: Robin Meyerhoff, SAP, +1 650 461 1916, robin.meyerhoff@sap.com, PDT SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EST; press@sap.com Rachel Allen, Burson-Marsteller, +1 (415) 591-4041, rachel.allen@bm.com, PDT Uwe Schaad, Burson-Marsteller, +49 69 238 09-31, uwe.schaad@bm.com, CET Rapid Response Team, Waggener Edstrom Worldwide for Microsoft, +1 (503) 443-7070, rrt@waggeneredstrom.com

During SAPPHIRE (from April 23 to 25), to speak with press contacts on site, please dial the SAP press room at +1 (404) 222 5000.

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http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com SAP AG

CONTACT: press only, Robin Meyerhoff, +1-650-461-1916,
robin.meyerhoff@sap.com, PDT, or Press Office, +49-6227-7-46315, CET,
+1-610-661-3200, EDT, press@sap.com, both of SAP AG; or Rachel Allen,
+1-415-591-4041, rachel.allen@bm.com, PDT, or Uwe Schaad, +49 69 238 09-31,
uwe.schaad@bm.com, CET, both of Burson-Marsteller, for SAP AG; or Rapid
Response Team of Waggener Edstrom Worldwide, +1-503-443-7070,
rrt@waggeneredstrom.com, for Microsoft

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

RVME, LWAY and WPO Update the Investment Community in All-New Interviews With WallSt.net

NEW YORK, April 24 /PRNewswire/ -- On April 23, Joseph DiFrancesco, CEO of Raven Moon Entertainment, Inc. (BULLETIN BOARD: RVME) updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics:

- The company's pledge to shareholders of "no more reverse stock splits" - The company's distribution agreement with STL/FaithWorks - New projects - The company's relationship with Trinity Broadcasting Network - Why "now is the time for [investors] to take a good look" at the company - More announcements about "new networks that will be carrying Gina D" - Upcoming milestones for investors to watch for

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

On April 5, Edward Smolyansky, Chief Financial Officer for Lifeway Foods, Inc. updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics:

- reasons the company is "really starting to gain exposure" - growing "buzz" around probiotics - industry trends bolstering the company's growth prospects - reasons the company "is going to continue to boom" - upcoming milestones for investors to watch for

To hear the interview in its entirety, and to read an in-depth report on the company, visit http://wallst.net/editorials/article.asp?id=680

On March 30, Stephen P. Hills, President and General Manager of the Washington Post, the flagship newspaper of Washington Post Co. updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics:

- how fragmentation in media is affecting acquisition and retention costs - reasons PostPoints could strengthen the company's foothold on its readers - creating a currency and different way of marketing to readers and advertisers - creating a system to reduce the cost of acquisition and retention - reasons the company is a good long-term investment

To hear the interview in its entirety, and to read an in-depth article on the company visit http://wallst.net/editorials/article.asp?id=674

About WallSt.net:

http://www.wallst.net/ is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. http://www.wallst.net/ offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies. We have received two billion five hundred million restricted shares of RMEI (pre-split) from Raven Moon Entertainment, Inc., and have received an additional two billion five hundred million restricted shares of RVME from Raven Moon Entertainment, Inc. for media and advertising services. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp .

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

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

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

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

Bookham to Announce Third Quarter Fiscal Year 2007 Financial Results on Thursday, May 3, 2007

SAN JOSE, Calif., April 24 /PRNewswire-FirstCall/ -- Bookham, Inc. ("Bookham") , a leading provider of optical components, modules and subsystems, today announced that it will release its financial results for the third quarter of fiscal year 2007 on Thursday, May 3, 2007 at 5:00 p.m. ET.

To access the call, dial 1-973-935-2048

A replay of the conference call will be available through May 10, 2007. To access the replay, dial 1-973-341-3080. The conference code for the replay is 8701485.

This call is being webcast by Thomson/CCBN and can be accessed at Bookham's Web site at http://www.bookham.com/.

The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at http://www.fulldisclosure.com/, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (http://www.streetevents.com/).

About Bookham

Bookham, Inc. is a global leader in the design, manufacture and marketing of optical components, modules and subsystems. The company's optical components, modules and subsystems are used in various applications and industries, including telecommunications, data communications, aerospace, industrial and military. Since 2002, the company has acquired the optical components businesses from Nortel Networks and Marconi, as well as Ignis Optics, Inc., the business of Cierra Photonics Inc., New Focus, Inc., and Onetta, Inc. The company has manufacturing facilities in the UK, US, Canada, China and Switzerland; and offices in the US, UK, Canada, France and Italy and employs approximately 2000 people worldwide. More information on Bookham, Inc. is available at http://www.bookham.com/

Bookham and all other Bookham, Inc. product names and slogans are trademarks or registered trademarks of Bookham, Inc. in the USA or other countries.

Contact Information: Jim Fanucchi Summit IR Group Inc. (408) 404-5400 ir@bookham.com

Bookham

CONTACT: Jim Fanucchi of Summit IR Group Inc., +1-408-404-5400,
ir@bookham.com, for Bookham, Inc.

Web site: http://www.bookham.com/
http://www.fulldisclosure.com/
http://www.streetevents.com/

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News archive of November 2009
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