Genesys Announces Gplus Adapter for Use With SAP(R) CRM Analytics CapabilitiesGenesys Becomes First Customer Interaction Management Software Suite to Tightly Integrate Analytics Processing and Customer Service with SAP NetWeaver(R) BI

SAN DIEGO, April 24 /PRNewswire-FirstCall/ -- Genesys Telecommunications Laboratories, Inc., an Alcatel-Lucent company (Euronext Paris and NYSE: ALU), today announced the new Genesys Gplus Adapter for use with the analytics capabilities of the SAP(R) Customer Relationship Management (SAP CRM) application. Genesys is the first SAP Software Partner to tightly integrate its customer service software with the SAP NetWeaver(R) Business Intelligence (SAP NetWeaver BI) component of the SAP NetWeaver platform. The compatibility of the Genesys Gplus customer service software solution integrated with SAP CRM and SAP NetWeaver BI was tested and verified by Genesys in cooperation with SAP Labs.

The Genesys Gplus Adapter enables the Genesys 7.5 suite to work seamlessly with complementary applications such as SAP. By integrating the Genesys 7.5 suite with SAP NetWeaver BI, SAP's solution for business intelligence and information management, companies are better able to orchestrate customer interactions based on the appropriate business processes and improve their ability to use analytics to understand customer needs. Genesys 7.5, in conjunction with SAP NetWeaver BI, provides key managers up-to-date data needed to improve operational efficiencies and apply the most effective business processes to each customer interaction.

Genesys, an SAP Software Partner and member of SAP's Enterprise Services Community, has a longstanding partnership with SAP. Genesys makes it possible for SAP software solutions to support numerous telephony and IP environments with an open platform that allows customers using SAP solutions to leverage telephony equipment from multiple manufacturers and integrate with SAP's full range of applications. Genesys and SAP can now integrate virtually every key application needed to deliver exceptional customer service through the integration of key systems, including CRM, integrated communications, voice self-service, customer data, analytics and business processes. In 2006, Genesys became an ES community member and one of the first customer interaction management software suites to reach all three levels of SAP certification, including Powered by NetWeaver/Netweaver Certification, SAP Integrated Communications Interface (ICI) and SAP R3. The Genesys Gplus Adapter for use with the analytics capabilities of SAP CRM is available now and will be introduced at the annual Genesys G-Force conference in San Diego and SAPPHIRE(R) '07 Atlanta during the week of April 23, 2007.

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/

NOTE: SAP, SAP NetWeaver, SAPPHIRE 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.

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/

iCAD's SecondLook Digital CAD System Receives Japanese ApprovaliCAD's SecondLook Will be Sold with GE's Digital Mammography Systems

NASHUA, N.H., April 24 /PRNewswire-FirstCall/ -- iCAD(R), Inc. , an industry-leading provider of Computer-Aided Detection (CAD) solutions, today announced that the Company has received approval from Japan's Ministry of Health, Labour and Welfare (MHLW) for its SecondLook(R) Digital CAD system supporting the GE Senographe series of Full-field Digital Mammography (FFDM) suites.

The approval, received April 9, 2007, culminates an application process similar to pre-market approval (PMA) from the United States Food and Drug Administration (FDA). iCAD is partnered with General Electric Medical Systems (GEMS) and General Electric Yokogawa Medical Systems (GEYMS) to sell SecondLook Digital in Japan.

"This approval significantly strengthens iCAD's international market position," said Ken Ferry, President and Chief Executive Officer of iCAD, Inc. "iCAD now enters the large Japanese market bolstered by the highly regarded GE Digital mammography brand, which will significantly increase customer acceptance of iCAD's products."

Using sophisticated algorithms, iCAD detection software enables earlier cancer detection which allows less invasive and more effective treatment options, enhancing patient care. iCAD's algorithms have been shown to detect up to 72 percent of actionable missed cancers an average of 15 months earlier than mammography alone.

About iCAD, Inc.

iCAD, Inc. is an industry-leading provider of Computer- Aided Detection (CAD) solutions that enable healthcare professionals to better serve patients by identifying pathologies and pinpointing cancer earlier. iCAD offers a comprehensive range of high-performance, upgradeable CAD systems for the high, mid and low volume mammography markets. iCAD is entrusted with the task of early cancer detection by almost one thousand women's healthcare centers worldwide. For more information, call +1 877 iCAD now or visit http://www.icadmed.com/.

For iCAD investor relations, contact Kevin McGrath of Cameron Associates at

212-245-4577 or via email at kevin@cameronassoc.com.

For iCAD Public Relations, contact Wendy Ryan of Schwartz Communications at

781-684-0770 or via email at icad@schwartz-pr.com.

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

Certain statements contained in this News Release constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the risks of uncertainty of patent protection, the impact of supply and manufacturing constraints or difficulties, product market acceptance, possible technological obsolescence, increased competition, customer concentration and other risks detailed in the Company's filings with the Securities and Exchange Commission. The words "believe", "demonstrate", "intend", "expect", "estimate", "anticipate", "likely", and similar expressions identify forward- looking statements. Readers are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date the statement was made. The Company is under no obligation to provide any updates to any information contained in this release.

iCAD, Inc.

CONTACT: For iCAD investor relations, Kevin McGrath of Cameron
Associates, +1-212-245-4577, kevin@cameronassoc.com; or for iCAD Public
Relations, Wendy Ryan of Schwartz Communications, +1-781-684-0770,
icad@schwartz-pr.com

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

Luminex Licenses Cystic Fibrosis Gene Patent From John Hopkins UniversityCOMPANY'S TAG-IT(TM) CYSTIC FIBROSIS KITS TO INCLUDE RIGHTS TO UNIVERSITY'S PROPRIETARY GENETIC MARKERS

AUSTIN, Texas, April 24 /PRNewswire-FirstCall/ -- Luminex Corporation , a leading multiplex solution developer, today announced that it has acquired a non-exclusive license from The Johns Hopkins University for the rights to use the university's patented cystic fibrosis genetic markers in the company's molecular diagnostic products sold in the United States. Rights to use the genetic markers will be included with Tag-It(TM) cystic fibrosis products, which are available from Luminex's new division, Luminex Molecular Diagnostics (formerly Tm Bioscience), and extend to the company's distributors and end-user customers.

"These genetic markers from John Hopkins are an important element in advancing the diagnosis and monitoring of cystic fibrosis," said Jeremy Bridge-Cook, Vice President of Luminex Molecular Diagnostics. "We are pleased to be able to provide our customers and distributors with the rights to these markers as part of our Tag-It(TM) Cystic Fibrosis Kit."

Cystic fibrosis (CF) is the most common autosomal recessive disorder in the Caucasian population. It is a chronic disease that affects the lungs and digestive system and can be found in more than 30,000 children and adults in the United States and 70,000 children and adults worldwide.

The Tag-It(TM) Cystic Fibrosis Kit aids in newborn screening and confirmatory CF diagnostic testing in newborns and children and can determine CF carrier status in adults. The kit simultaneously screens for the 23 cystic fibrosis transmembrane conductance regulator (CFTR) gene mutations and 4 variants (polymorphisms), as recommended by the American College of Medical Genetics (ACMG) and the American College of Obstetricians and Gynecologists (ACOG) in 2004. It also screens for 16 additional CFTR mutations prevalent in North America or the world.

The license from Johns Hopkins provides Tag-It(TM) CF Kit users and distributors rights to 4 mutations (549N, 551D, 553X, 559T) tested for in the kit and covers 2 mutations (553X and 551D) in the screening panel of 23 cystic fibrosis gene mutations recommended by ACMG and ACOG.

Performance testing has shown that the Tag-It(TM) CF Kit operates with 100 percent accuracy and greater than 99.9 percent reproducibility and precision. The kit is the first multiplexed human disease genotyping test to be cleared by the U.S. Food and Drug Administration (FDA) as an in vitro device for diagnostic use in the United States. It has also received CE mark certification and Health Canada clearance, allowing the test to be marketed for diagnostic purposes in the European Union and Canada.

Luminex Molecular Diagnostics was created in March 2007 when Luminex acquired Tm Bioscience of Toronto, Canada. This division of Luminex Corporation specializes in DNA-based research and diagnostics and is focused specifically on the design, development, manufacture and commercialization of nucleic-acid based testing products for genetic testing, personalized medicine and infectious disease.

About Luminex

Luminex Corporation develops, manufactures and markets proprietary biological testing technologies with applications throughout the life sciences industry. The company's xMAP(R) system is an open-architecture, multi-analyte technology platform that delivers fast, accurate and cost-effective bioassay results to markets as diverse as pharmaceutical drug discovery, clinical diagnostics and biomedical research, including the genomics and proteomics research markets. The company's xMAP(R) technology is sold worldwide and is in use in leading research laboratories as well as major pharmaceutical, diagnostic and biotechnology companies. Further information on Luminex Corporation or xMAP(R) can be obtained on the Internet at http://www.luminexcorp.com/.

Statements made in this release that express Luminex's or management's intentions, plans, beliefs, expectations or predictions of future events are forward-looking statements. The words "believe," "expect," "intend," "estimate," "anticipate," "will," "could," "should" and similar expressions are intended to further identify such forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. It is important to note that the Company's actual results or performance could differ materially from those anticipated or projected in such forward-looking statements. Factors that could cause Luminex's actual results or performance to differ materially include risks and uncertainties relating to, among others, market demand and acceptance of Luminex's products, the Company's dependence on strategic partners for development, commercialization and distribution of products, concentration of the Company's revenue in a limited number of strategic partners, fluctuations in quarterly results due to a lengthy and unpredictable sales cycle and bulk purchases of consumables, Luminex's ability to scale manufacturing operations and manage operating expenses, gross margins and inventory levels, potential shortages of components, competition, the timing of regulatory approvals, the implementation, including any modification, of the Company's strategic operating plans, risks and uncertainties associated with implementing our acquisition strategy and the ability to integrate acquired companies, including Tm Bioscience Corporation ("Tm"), or selected assets into our consolidated business operations, including the ability to recognize the benefits of our acquisitions, the failure of the Tm acquisition to close for any reason, including the failure to obtain the Tm stockholders' approval or the occurrence of any event or circumstance that could give rise to a termination of the merger agreement, as well as the risks discussed under the heading "Risk Factors" in Luminex's Reports on Forms 10-K and 10-Q, as filed with the Securities and Exchange Commission. The forward-looking statements contained herein represent the judgment of Luminex as of the date of this press release, and Luminex expressly disclaims any intent, obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in Luminex's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.

Luminex Corporate Contact: Harriss T. Currie Vice President, Finance and Chief Financial Officer 512-219-8020 hcurrie@luminexcorp.com Luminex Media Contact: Nicole L. Cottrill 615-327-7999 ncottrill@seig-pr.com

Luminex Corporation

CONTACT: Corporate, Harriss T. Currie, Vice President, Finance and Chief
Financial Officer of Luminex, +1-512-219-8020, hcurrie@luminexcorp.com; or
Media, Nicole L. Cottrill, +1-615-327-7999, ncottrill@seig-pr.com, for
Luminex

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

FourthShift Edition PPS Certified as SAP Business One Add-OnAdd-on for SAP Business One is Designed Specifically for Custom and Make-to-Order Manufacturers

MINNEAPOLIS, April 24 /PRNewswire-FirstCall/ -- FourthShift Edition PPS, SoftBrands' ERP system designed specifically for small and midsize make-to- order manufacturers, is now an official SAP-certified add-on for SAP Business One. SoftBrands, Inc. , a global supplier of enterprise application software, is a global ISV partner of SAP.

FourthShift Edition PPS is SAP-certified as an add-on for SAP Business One 2005, the newest version of that business management system. Certification from SAP verifies that the add-on software is properly integrated with SAP Business One, sharing data appropriately and efficiently. The add-on software must also exactly replicate the look and feel of SAP's original software, ensuring ease of use and familiarity for users.

"Certification is a strong stamp of approval from our colleagues at SAP. The first thing manufacturers ask about software like this is, 'Is it certified?'" said Ralf Suerken, senior vice president and general manager of manufacturing for SoftBrands. "This certification adds a new level of trust to our relationships with SAP and with the manufacturing community, and it's another step toward our goal of being SAP's primary partner for the SMB manufacturing market. We are the only truly global manufacturing add-on to SAP Business One."

FourthShift Edition PPS supports the make-to-order manufacturing market, where effectively managing capacity planning, scheduling and shop-floor resources is critical, and where labor and machine costs form a large percentage of a product's cost. SAP Business One combined with FourthShift Edition PPS is an affordable solution for small and midsized manufacturing companies with 2 to 250 employees, helping them reduce process complexity and increase production efficiency.

"FourthShift Edition PPS is another example of SoftBrands' commitment to small and midsize manufacturers," said Carsten Halfmann, general manager of manufacturing for SoftBrands EMEA. "FourthShift Edition PPS is a big piece of our strategy to dominate the custom manufacturing ERP space."

About SoftBrands

SoftBrands, Inc. is a leader in providing software solutions for businesses in the manufacturing and hospitality industries worldwide. The company has established a global infrastructure for distribution, development and support of enterprise software, and has approximately 5,000 customers in more than 100 countries actively using its manufacturing and hospitality products. SoftBrands, which has nearly 900 employees, is headquartered in Minneapolis, Minn., with branch offices in Europe, India, Asia, Australia and Africa. Additional information can be found at http://www.softbrands.com/ and http://www.fourthshift.com/ .

Contact: Mark Palony +1 612-851-1500 Marketing manager, Americas mark.palony@softbrands.com Siobhan Robinson +44 (0) 118 935 8890 Marketing manager, EMEA siobhan.robinson@softbrands.com

SoftBrands, Inc.

CONTACT: Mark Palony, Marketing manager, Americas, +1-612-851-1500,
mark.palony@softbrands.com , or Siobhan Robinson, Marketing manager, EMEA,
+44 (0) 118 935 8890, siobhan.robinson@softbrands.com , both of SoftBrands,
Inc.

Web site: http://www.softbrands.com/
http://www.fourthshift.com/

Patriot Scientific Reports Favorable Fiscal Q3 Net Income of $9.6M, or $0.02 Diluted EPSResults Include Significant Reduction of Outstanding Warrants; Payment of Cash Dividend; Investment In New Joint Venture

CARLSBAD, Calif., April 24 /PRNewswire-FirstCall/ -- Patriot Scientific Corporation (BULLETIN BOARD: PTSC) reported net income of $9,617,559 after provision for taxes, or $0.02 per diluted share, for three months ended February 28, 2007. A copy of the company's Form 10-Q, filed April 20, 2007 with the U.S. Securities and Exchange Commission, is available on the company's website, http://www.ptsc.com/, where visitors can now sign up for e-mail alerts.

At the end of the quarter Patriot Scientific had $22,756,330 in current assets that included short-term investments and over $15,388,002 in cash and cash equivalents. Current liabilities of $3,724,956 included $3,000,000 earmarked as an expense to be paid May 1, 2007 related to a settlement of a dispute. The company has no long-term debt. In another favorable development, approximately 34,700,000 warrants have been exercised to acquire shares of the company's common stock in the period from June 1, 2006, through March 12, 2007, leaving a balance of approximately 18,000,000 unexercised warrants outstanding at April 20, 2007.

The quarterly results included $11,656,603 received as the company's share of the net income of Phoenix Digital Solutions, the joint venture entity that is owned half by Patriot Scientific and half by The TPL Group. Phoenix Digital receives its income from licenses purchased by manufacturers who use technologies contained in the MMP Patent Portfolio.

Patriot Scientific and The TPL Group are co-owners of the MMP Portfolio, which Alliacense(TM), a TPL Group enterprise, exclusively manages. The MMP Portfolio patents, filed in the 1980s, protect design techniques that have become essential to a myriad of consumer and commercial digital systems ranging from computers, DVD players, cell phones and portable music players, to communications infrastructure, medical equipment and automobiles.

The Patriot Scientific report disclosed that during the nine months ended February 28, 2007, Phoenix Digital entered into technology licensing agreements with third parties, pursuant to which it received aggregate proceeds of $64,869,000. License proceeds of $2,920,000 relating to an additional license agreement signed in February 2007 were received in March 2007. In March and April 2007, Phoenix Digital entered into licensing agreements with aggregate proceeds of $22,140,000. The dollar amount for each licensing deal varies, depending upon factors that include among other things the relevance of the patents to each licensee's revenue and the extent to which the patented technology is incorporated into specific products.

"Our increasing revenues reflect continued momentum in pursuing our patent portfolio licensing strategy through our joint venture with TPL," stated Patriot Scientific Chairman and CEO David Pohl. "We had a net increase in cash of $11,403,762 during the nine months ended February 28, 2007 as we continued to strengthen our balance sheet and our financial structure. We have subsequently used some of the cash to once again pay a dividend to our shareholders as evidence of our ongoing appreciation for their support."

On February 22, 2007 the board of directors of Patriot Scientific repeated its precedent-setting action of a year ago and declared a dividend of $.02 per share for qualifying stockholders and warrant holders as of March 6, 2007. The dividend was paid April 9, 2007. The board also announced that it has adopted a policy of paying a dividend every six months, subject each time to a determination by the board that payment of a dividend would then be reasonable and prudent in light of the financial condition of the company, other possible applications of the company's available resources, and relevant business considerations.

"We are delighted that the strength of our patent portfolio continues to be validated by the 16 licenses that have been signed thus far with major electronics companies since January of 2006," said Pohl. "Our outlook remains positive for continued revenue based on further progress in licensing more of over 400 companies worldwide that have been notified they are candidates."

Pohl reconfirmed that Patriot Scientific is continuing to actively evaluate sources and opportunities to create additional recurring revenue through possible joint ventures or acquisitions, all with the goal of increasing shareholder value. In February, 2007, Patriot acquired the assets of Holocom Networks, Inc., including patents, trademarks, and equipment, in a foreclosure proceeding. Those assets were assigned a fair value of $250,000 by Patriot for accounting purposes and were later transferred along with $120,000 in cash from Patriot to a newly-formed joint venture, Scripts Secured Data, Inc. (SSDI), in return for 100% of the convertible preferred stock of that new company.

SSDI will use the Holocom brand name and continue to produce and sell the former Holocom products that protect cables carrying classified information transmitted over secure networks owned and managed by government and military organizations. Pohl said that positive initial reports from SSDI for the first 60 days of business show gradually increasing sales. Current projections, although results cannot be assured, indicate that SSDI may realize a marginal profit by the end of April 2007, after just ten weeks of business operations.

Patriot Scientific will hold its annual meeting of shareholders Friday, April 27, 2007 at the La Costa Resort and Spa in Carlsbad, California. Proxy statements were mailed to shareholders April 9, 2007. Further information is available on the company's web site at http://www.ptsc.com/.

About Patriot Scientific

Patriot Scientific is a leading intellectual property licensing company that develops, markets and enables innovative technologies to address the demands in fast-growing markets such as wireless devices, smart cards, home appliances and gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices and industrial controllers. Headquartered in Carlsbad, Calif., information about the company can be found at http://www.ptsc.com/.

Copies of Patriot Scientific press releases, current price quotes, stock charts and other valuable information for investors may also be found at http://www.hawkassociates.com/, http://www.americanmicrocaps.com/, and at http://www.agoracom.com/IR/Patriot, in addition to the company's web site.

About the Patent Portfolio

The patent portfolio, marketed as the Moore Microprocessor Patent Portfolio, contains intellectual property that is jointly owned by the publicly held Patriot Scientific Corporation and the privately held TPL Group. The portfolio encompasses seven U.S. patents as well as their European and Japanese counterparts. Both TPL and Patriot assert that their jointly owned patents protect techniques used in designing microprocessors, microcontrollers, Digital Signal Processors (DSPs), embedded processors and System-on-Chip (SoC) implementations. The MMP Portfolio is exclusively managed by Alliacense, a TPL Group Enterprise.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, patent litigation, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings.

Moore Microprocessor Patent (MMP) and Alliacense are trademarks of Technology Properties Limited (TPL). PTSC and Ignite are trademarks of Patriot Scientific Corporation. All other trademarks belong to their respective owners.

CONTACTS: Patriot Investor Relations: Hawk Associates, Frank Hawkins or Ken AuYeung (305) 451-1888 info@hawkassociates.com AGORACOM Investor Relations, PTSC@Agoracom.com http://www.agoracom.com/IR/Patriot Patriot Media Relations: The Hoffman Agency, John Radewagen, (408) 975-3005 jradewagen@hoffman.com

Patriot Scientific Corporation

CONTACT: Frank Hawkins or Ken AuYeung of Hawk Associates,
+1-305-451-1888, or info@hawkassociates.com; or AGORACOM Investor Relations,
PTSC@Agoracom.com; or John Radewagen of The Hoffman Agency, +1-408-975-3005,
or jradewagen@hoffman.com

Web site: http://www.ptsc.com/
http://www.agoracom.com/IR/Patriot
http://www.hawkassociates.com/
http://www.americanmicrocaps.com/

BT Unveils New Structure to Keep Ahead of the Game

LONDON, April 24 /PRNewswire/ -- BT today announced a new structure that will deliver faster, more resilient and cost effective services to customers wherever they are. The move is designed to accelerate BT's transformation into a networked IT services company, delivering software driven products over broadband. It builds on the success of the past five years, keeping BT ahead of the game.

BT is bringing together its world class people from design, operations, IT and networks into a single reporting structure under Andy Green who moves from being Chief Executive of BT Global Services to become CEO of Group Strategy and Operations. Francois Barrault becomes Chief Executive of BT Global Services and joins the BT Board. Francois moves from his current role of President of BT International where he has established a record of exceptional growth in BT's operations outside the UK. Both appointments take immediate effect.

Andy will lead two new business units that will design and operate services across the world to meet the needs of BT Retail, BT Global Services, BT Wholesale, Openreach and the wider communications industry. "BT Design" will be responsible for the design and development of new services. "BT Operate" will be responsible for their deployment and operation. Approximately 20,000 BT employees will move into these new units from other parts of the business.

The structure will benefit customers by bringing them new services quicker, making them more reliable, easy to buy and easy to use. In his new role Andy will also have responsibility for driving this transformational change throughout BT.

The lines of business, BT Retail, BT Global Services and BT Wholesale, retain their critical responsibility for marketing sales and customer service to their consumer, business and wholesale market segments. Openreach remains unchanged retaining its role of providing highly regulated products and services.

Ben Verwaayen, BT chief executive, said today: "This is the second phase of BT's transformation. The first phase saw BT shift its focus from narrowband to broadband. This next stage is equally important. It will see BT advance from a 20th century hardware-based company to a 21st century software-based services company. In a software driven world, services will be available in real time and around the globe, harnessing the potential of BT's 21st Century Network. The changes we are announcing today will drive new standards of excellence and shift power and choice decisively to customers."

Commenting on his new role, Andy Green said: "BT has built a fantastic business by being the first to recognize the growth potential for networked IT services. My challenge is to help keep BT ahead of the game. Bringing together our world class capabilities in IT networks and process skills will give us unrivalled agility and renewed focus on operational excellence."

Francois Barrault said: "I am thrilled to be taking over one of the great growth engines of BT. BT Global Services is a tremendous success story which has only just begun. The company's reorganization brings new levels of innovation and speed to market within our reach. It will enable BT to extend its position of world leadership in helping customers get the most out of their global operations."

About BT

BT is one of the world's leading providers of communications solutions and services operating in 170 countries. Its principal activities include networked IT services, local, national and international telecommunications services, and higher-value broadband and internet products and services. BT consists principally of four lines of business: BT Global Services, Openreach, BT Retail and BT Wholesale.

In the year ended 31 March 2006, BT Group plc's revenue was 19,514 million pounds sterling with profit before taxation of 2,040 million pounds sterling.

British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York. For more information, visit http://www.bt.com/aboutbt

BT

CONTACT: Diane Noe, office, +1-703-755-6215, or mobile, +1-703-622-3143,
or Diane.noe@bt.com, or Eileen Connolly, +1-908-410-1419, or
eileen.connolly@bt.com, both of BT

Web site: http://www.btplc.com/
http://www.bt.com/aboutbt

Salesforce.com Unveils First AppExchange Incubator - Fostering the Future of Entrepreneurship, Accelerating Developer Time to Market and On-Demand Ecosystem SuccessFirst AppExchange Incubator fully occupied with 32 incubator partners taking advantage of strategy to fuel entrepreneurship in multi-tenant applications and on-demand companies; phase II now openSalesforce.com enables entrepreneurs worldwide to focus on innovation, not infrastructure

SAN MATEO, Calif., April 24 /PRNewswire-FirstCall/ -- Salesforce.com , the market and technology leader in on-demand business services, today announced that its first AppExchange Incubator, in San Mateo, Calif., has been a resounding success, with its first phase fully occupied by 32 partners, and a second phase now open to accommodate demand. The global AppExchange Incubator strategy is designed to help entrepreneurs, start-ups and established partners accelerate the creation and delivery of new multi- tenant applications and on-demand companies. Together, salesforce.com's AppExchange Incubator, IdeaExchange, Salesforce Platform, developer network and AppExchange marketplace enable any entrepreneur worldwide to focus on innovation, not infrastructure.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO )

Participants are able to license space in the AppExchange Incubator and work side by side with salesforce.com employees and AppExchange partners to leverage the experience and best practices of the entire on-demand community. The AppExchange Incubator offers a full package of business services, including access to the multi-tenant Salesforce Platform, technology infrastructure, product development, sales and marketing support, fundraising and business development assistance, and office space. The Incubator will help compress the development timeline and the go-to-market costs for participating companies.

"The AppExchange Incubators enable any developer to become the next salesforce.com," said Marc Benioff, chairman and CEO, salesforce.com. "The on- demand model is breaking down traditional barriers to success. Just as Salesforce Platform Edition and Salesforce Code are removing the infrastructure requirements for on-demand application development, the AppExchange Incubator strategy is removing the barriers associated with taking a company and product to market. With this new model, all an entrepreneur needs to be successful is a brainstorm and a browser."

"The AppExchange has been an excellent global on-demand channel for us -- it helped us rapidly move from being entirely focused on the UK to now having 90 percent of our new customers based in the U.S.," said Andrew Walker, director, Clicktools, a UK-based Enterprise Feedback Management solutions company. "With the AppExchange Incubator, salesforce.com is providing the infrastructure and resources so we can focus on serving our customers."

The charter class of salesforce.com's AppExchange Incubator includes stealth-mode companies and brand-new start-ups as well as existing ISVs who are accelerating their on-demand initiatives: Appirio, Avankia, BackWeb, Bluewolf, Business Objects, Centive, Clicktools, Cloud9 Analytics, Convenos, DomoDomain, Dreamfactory, Eloqua, iNeoMarketing, InsideView, InvisibleCRM, Kailea Networks, NextNine, OpenAir, OpSource, Pervasive, Portaga, Right90, RingLead, StakeWare, TwoConnect, VerticalResponse and Xactly.

Vision for Accelerating Entrepreneurial On-Demand Success

Salesforce.com is delivering a circle of success for developers, partners and customers: powerful and easy-to-use on-demand CRM applications that drive high user adoption rates; the IdeaExchange for community innovation; the Salesforce Developer Network providing the tools and resources for application creation; the Salesforce Platform to build and deploy on-demand applications; and the AppExchange as a global marketplace and directory.

IdeaExchange and Salesforce Developer Network - Empowering the Community

IdeaExchange (http://ideas.salesforce.com/) is a forum where the developer, partner and customer community can comment on new and future product features, promote favorite enhancements, and interact with salesforce.com product managers who participate in the discussion forums. In salesforce.com's ongoing efforts to continually create a dialog with the community, IdeaExchange provides an open and direct channel of communication and transparency into on- demand application development.

As these ideas inspire the developer community to create the next salesforce.com, the Salesforce Developer Network (http://developer.salesforce.com/) provides the community, tools and resources to let developers use Salesforce Code as well as other languages and toolkits to build new applications for the AppExchange. Now any developer in the world -- with access to just a Web browser and Internet connection -- can harness the power of the world's most popular multi-tenant platform to create new applications and mashups from scratch.

Salesforce Platform and the AppExchange

Salesforce Platform is the on-demand platform for the next generation of business applications. The Salesforce Platform reinvents traditional customization and integration and enables a whole new generation of on-demand applications that go beyond CRM. All components and applications built on the Salesforce Platform can be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange directory, enabling all the innovation to benefit the entire on-demand community.

More than 575 applications are now available on salesforce.com's AppExchange, the world's first on-demand application directory, found at http://www.salesforce.com/appexchange.

The Salesforce Platform is generally available today. The Salesforce Code programming language is available today for developer preview, and is currently scheduled to be available in beta to salesforce.com customers later in 2007.

Pricing and Availability

The first phase of the San Mateo AppExchange Incubator is now fully occupied and a second phase is now open to accommodate additional demand. Pricing for the San Mateo AppExchange Incubator is $20,000 per company per year. More incubators are scheduled to be set up around the world soon as a result of the global adoption and appeal of this revolutionary program. For more information, please visit http://www.salesforce.com/incubator.

About salesforce.com

Salesforce.com is the market and technology leader in on-demand business services. The company's Salesforce suite of on-demand CRM applications allows customers to manage and share all of their sales, support, marketing and partner information on-demand. The Salesforce Platform enables customers, developers and partners to build powerful new on-demand applications that extend beyond CRM to deliver the benefits of multi-tenancy and The Business Web across the enterprise. All new components and applications built on the Salesforce Platform can be easily shared, exchanged and installed via salesforce.com's AppExchange directory, available at http://www.salesforce.com/appexchange. Customers can also take advantage of Successforce, salesforce.com's world-class training, support, consulting and best practices offerings.

As of January 31, 2007, salesforce.com manages customer information for approximately 29,800 customers and approximately 646,000 paying subscribers including Advanced Micro Devices (AMD), America Online (AOL), Avis Budget Group, Inc, Dow Jones Newswires, Polycom and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com/, or call 1-800-NO-SOFTWARE.

NOTE: Salesforce.com is a registered trademark of, and AppExchange, The Business Web and Successforce are trademarks of, salesforce.com, Inc., San Francisco, California. Other names used may be trademarks of their respective owners.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com salesforce.com, Inc.

CONTACT: Gordon Evans of salesforce.com, +1-415-536-7608, or
gevans@salesforce.com

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

FileMaker Highlighted in Workshop on Student Achievement at Maryland Instructional Computers Coordinators Association Conference (MICCA)User-friendly student achievement analysis tools with a FileMaker database solution featured in workshop

SANTA CLARA, Calif., April 24 /PRNewswire-FirstCall/ -- The role of a FileMaker Pro database solution in analyzing student achievement data and enhancing learning programs will be showcased in a workshop at the Maryland Instructional Computers Coordinators Association (MICCA), April 24-26, at the Baltimore Convention Center, Baltimore, Maryland (http://www.miccaonline.org/).

On Thursday, April 26, from 10:30 a.m. - 3:45 p.m., Jose Seda and Scott Hughes, information technology systems specialists for the Montgomery County Public Schools, Rockville, Maryland, will co-present "Data Analysis Demystified: Using Data for Meaningful Instruction." The workshop will teach participants how to use FileMaker to create powerful student data analysis tools that can be used in their schools to help monitor student achievement. Participants will learn to create an intuitive and portable solution that allows teachers to access and analyze both summative and formative data, allowing them to adjust learning programs to maximize student achievement.

FileMaker database software helps schools in collecting, managing and reporting on student and administrative data. More than 10,000 K-12 schools use FileMaker in their data-driven decision-making processes to achieve greater operational efficiency, comply with federal and state reporting requirements, and track student performance. Recently, Technology & Learning magazine named FileMaker Pro a 2006 Legacy Award winner. Educators can experience a 30-day free trial of FileMaker Pro 8.5, the award-winning database software, which includes the K-12 Education Starter Kit, featuring five education starter solutions, a K-12 resource guide, and a student assessment white paper. The trial can be downloaded at http://www.filemakertrial.com/k-12 .

About FileMaker, Inc.

FileMaker Pro is used by millions of individuals and workgroups around the world to be more productive and efficient. Business, education and government customers rely on FileMaker to manage people, projects, images, assets and other information. In addition to being the number one-selling easy-to-use database software, the award-winning FileMaker product line also includes low- cost Applications that automate basic business tasks, ready-to-use Starter Solutions, and tools to create and share solutions from the desktop to the web. FileMaker, Inc. is a subsidiary of Apple Inc.

(c) 2007 FileMaker, Inc. All rights reserved. FileMaker is a trademark of FileMaker, Inc., registered in the U.S. and other countries. All other trademarks are the property of their respective owners. The speakers, schedules and events are subject to change without notice.

FileMaker, Inc.

CONTACT: Customer contact, 1-800-325-2747, or Media, Kevin Mallon of
FileMaker, Inc., +1-408-987-7227, kevin_mallon@filemaker.com

Web site: http://www.filemaker.com/
http://www.filemakertrial.com/k-12
http://www.miccaonline.org/

Enviro Voraxial Technology to Demonstrate Voraxial at OTC, a Major Oil Industry Conference in Houston, Texas

FORT LAUDERDALE, Fla., April 24 /PRNewswire-FirstCall/ -- Enviro Voraxial Technology, Inc. (BULLETIN BOARD: EVTN) announced today that the Company will demonstrate its Voraxial(R) 1000 Separator in Booth 8720 at the Offshore Technology Conference (OTC 2007). OTC 2007 is being held April 29 - May 3 in Houston, Texas. TwinFilter, a leading Dutch filtration company in the oil and gas industry will also display its filter technology in the booth.

The Voraxial(R) 2000 Produced Water Skid will also be on display for prospective customers. The Skid is built by the joint effort of EVTN and TwinFilter. EVTN and TwinFilter recently signed a non-exclusive joint marketing agreement to build and promote turn-key, oil/water and liquid/solid separation systems for the oil industry.

The Voraxial(R) 2000 Produced Water Skid incorporates EVTN's Voraxial(R) Separator and TwinFilter's coalescing, self cleaning filters and other filter technology. This skid allows operators to achieve the most stringent discharge levels such as OSPAR (North Sea countries <30mg/ltr) and United States 40 CFR435 (<29 mg/ltr). The System operates with minimal pressure drop and requires minimal installed space, which are both critical for the offshore market.

The need for effective produced water (oil/water) separation is a major issue for both offshore and land-based oil production facilities. Oil reservoirs frequently contain large volumes of water and as oil wells mature (the oil field becomes depleted), the amount of produced water increases. Worldwide, it is estimated that approximately 4 barrels of water is produced for every barrel of oil. The produced water must be purified or treated for removal of oil and solids prior to discharge or re-injection into underground formations.

Click here for offshore produced water video demonstration: (DSL link): http://www.evtn.com/wmv/EVTN1_offshore_DSL.wmv (56K link): http://www.evtn.com/wmv/EVTN1_offshore_56k.wmv

"Founded in 1969, the Offshore Technology Conference is the world's foremost event for the development of offshore resources in the fields of drilling, exploration, production and environmental protection." For more information, visit http://www.otcnet.org/.

About Enviro Voraxial(R) Technology

Enviro Voraxial(R) Technology, Inc.'s patented Voraxial(R) Separator provides a cost effective method to efficiently separate large volumes of solids and liquids. Without needing a pressure drop, the Voraxial(R) provides for superior separation while decreasing the amount of space, energy and weight to conduct the separation -- all of which are precious commodities on the offshore platform. The technological superiority of the Voraxial(R) Separator over conventional technologies is in its ability to produce a real-time, high "g" centrifugal force to yield a high-purity product or products at a volume of 3 gallons per minute to more than 10,000 gallons per minute. The Voraxial(R) Separator technology is scaleable and universal in its implementation. Although the Voraxial(R) Separator is applicable to almost any industry separation process, the Company is focusing its near-term efforts in the following five vertical markets: oil exploration and production, oil refineries, mining, manufacturing and municipal wastewater industry.

EVTN is continuing to develop and market its Voraxial(R) Separator as stand-alone technology as well as a key component of a turnkey separation system to improve the efficiency of self-contained treatment systems for multiple applications.

About TwinFilter

TwinFilter B.V. is a Dutch company, specializing in the design, engineering and production of filtration systems for a broad spectrum of industries, with a focus in the oil industry. Twin Filter has its own manufacturing facilities, which produces standard filter consumables for liquid, air and gas applications, along with custom made products for OEMs.

TwinFilter designs, engineers and manufactures a full range of filtration equipment and consumables. Our products and filtration support services are used globally, throughout a variety of industries such as oilfield, chemical, electronic and pharmaceutical, food & beverage markets. In addition, our products can also be found purifying air in museums, archives and paper processing.

Safe Harbor Disclosure -- This Press Release contains or incorporates by reference "forward-looking statements," including certain information with respect to plans and strategies of Enviro Voraxial(R) Technology, Inc. For this purpose, any statements regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including Enviro Voraxial(R) Technology, Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to Enviro Voraxial(R) Technology, Inc. as of such date. There are a number of important factors that could cause actual events or actual results of Enviro Voraxial(R) and its subsidiaries to differ materially from those indicated by such forward-looking statements.

Enviro Voraxial Technology, Inc.

CONTACT: John A. DiBella of Enviro Voraxial Technology, Inc.,
+1-954-958-9968, jdibella@evtn.com

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

Oracle Buys LodestarExtends Oracle's Leadership in Utilities

REDWOOD SHORES, Calif., April 24 /PRNewswire-FirstCall/ -- Oracle today announced that it has agreed to acquire Lodestar Corporation, a leading provider of meter data management and competitive energy solutions for the utilities industry. The combination of Lodestar's complementary products with Oracle's industry-leading suite of utilities applications acquired through SPL WorldGroup and now offered by Oracle's Utilities Global Business Unit underscores Oracle's commitment to the utilities industry.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO )

"With the addition of Lodestar's products, Oracle plans to deliver the most comprehensive suite of mission-critical operational systems for all segments of the utilities industry, combining meter data management, load profiling, pricing, marketing, sales, customer care, billing, analytics and management of the networks, work force, assets and business-to-business transactions," said Larry Hagewood, Senior Vice President and General Manager, Oracle Utilities Global Business Unit. "Oracle is putting utilities in control by simplifying their infrastructure, enabling greater business insight, aiding process improvement and increasing customer satisfaction and loyalty. We expect our combined solutions will help facilitate the transformation of utilities to leading-edge infrastructure that creates operational efficiencies and competitive advantage for our customers."

"For Lodestar's clients, partners, shareholders and employees, this is an exciting chapter in our evolution," said Chris Hamilos, Lodestar's Chairman and Chief Executive Officer. "The natural synergies between Oracle's and Lodestar's premier product suites, coupled with Oracle's extensive research and development capacity, will enable us to further enhance our products and ensure our clients' continued success. It is a very beneficial business combination that will drive innovation and leadership in the utilities industry."

The transaction is subject to customary conditions and is expected to close in May 2007. Financial details were not disclosed. After the closing of the transaction, Oracle expects that Lodestar's employees will join Oracle's Utilities Global Business Unit. More information is available at http://www.oracle.com/lodestar.

About Oracle

Oracle is the world's largest enterprise software company. For more information about Oracle, visit our Web site at http://www.oracle.com/.

Trademarks

Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Oracle

CONTACT: Caroline Yu, +1-650-506-8920, Caroline.Yu@oracle.com, or Carol
Sato, +1-650-633-5551, Carol.sato@oracle.com, both of Oracle

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

Anixter International Inc. Reports First Quarter Net Income of $1.27 Per Diluted Share on Sales of $1.33 Billion

GLENVIEW, Ill., April 24 /PRNewswire-FirstCall/ -- Anixter International Inc. , the world's leading distributor of communication products, electrical and electronic wire & cable and a leading distributor of fasteners and other small parts ("C" Class inventory components) to Original Equipment Manufacturers ("OEMs"), today reported results for the quarter ended March 30, 2007.

First Quarter Highlights -- Sales of $1.33 billion, including $33.6 million from the acquisitions of IMS, Inc. ("IMS") in May 2006 and MFU Holdings S.p.A. ("MFU") in October 2006, rose 24 percent compared to sales of $1.07 billion in the year ago quarter. -- Quarterly operating income of $90.4 million reflected a 52 percent increase from the $59.6 million reported in the first quarter of 2006. -- Net income in the quarter, inclusive of income of $3.4 million or 8 cents per diluted share primarily related to the settlement of certain income tax audits, increased 71 percent, to $53.6 million, or $1.27 per diluted share, from $31.3 million, or 74 cents per diluted share, in last year's first quarter. -- Cash flow from operations was $65.8 million as compared to $12.9 million in the year ago quarter. Financial Highlights (In millions, except per share amounts) Three Months Ended Mar. 30, Mar. 31, Percent 2007 2006 Change Net Sales $1,328.7 $1,070.5 24% Operating Income $90.4 $59.6 52% Net Income $53.6 $31.3 71% Diluted Earnings Per Share $1.27 $0.74 72% Diluted Weighted Shares 42.0 42.4 -1%

Robert Grubbs, President and CEO, stated, "We are pleased to note that the same trends that drove record performance in 2006 have remained largely intact through the first few months of the new year. At this time, all indications are that these trends will continue for the next few quarters. Assuming strong market conditions and continued success in our ongoing initiatives to expand our business, we should be in a position to have another very good year.

First Quarter Results

For the three-month period ended March 30, 2007, sales of $1.33 billion produced net income of $53.6 million, or $1.27 per diluted share. Included in the current year's first quarter results were sales of $33.6 million from the acquisitions of IMS and MFU in May and October 2006, respectively. Also included in this year's first quarter is income of $3.4 million or 8 cents per diluted share primarily related to the settlement of certain income tax audits. In the prior year period, sales of $1.07 billion generated net income of $31.3 million, or 74 cents per diluted share.

Operating income in the first quarter increased 52 percent to $90.4 million as compared to $59.6 million in the year ago quarter. For the latest quarter, operating margins were 6.8 percent compared to 5.6 percent in the first quarter of 2006.

First Quarter Sales Trends

Commenting on first quarter sales trends, Grubbs said, "Sales in the first quarter grew at a year-over-year organic rate of 19 percent after adjusting for the IMS and MFU acquisitions as well as the favorable foreign exchange impact of $25.9 million on first quarter 2007 sales. This organic growth clearly exceeded our target of 8 to 12 percent as we once again saw very strong customer demand across a broad mix of end markets."

Grubbs continued, "The factors driving our organic growth were consistent with those we have seen during the past year. In the most recent quarter, we again saw strong larger project business, particularly as it relates to data center builds in the enterprise cabling market and energy / natural resources customers within the electrical wire & cable market. At the same time, we have continued to experience strong growth in the security and OEM markets. Lastly, higher copper prices continued to contribute to our organic growth in the most recent quarter, with market-based copper prices averaging approximately $2.71 per pound during the quarter compared to $2.25 per pound in the year ago first quarter and $3.20 per pound in the fourth quarter of 2006. We estimate that the higher copper prices accounted for approximately $35.0 million of our year-on-year quarterly increase in sales within the electrical wire & cable market. Excluding the impact of copper prices, the IMS and MFU acquisitions and foreign exchange, however, we were still able to grow company-wide sales by 15 percent over the prior year first quarter."

"Specifically, in North America we saw year-over-year sales grow by 19 percent to $927.0 million in the most recent quarter," commented Grubbs. "In addition to strong end-market demand, North American sales were up $12.2 million due to the acquisition of IMS and an estimated $31.4 million due to higher copper prices. Foreign exchange had a negative impact of $1.3 million. In Europe, we saw sales climb by 39 percent versus the year ago quarter, of which $26.4 million was due to exchange rate differences, $21.4 million was due to the acquisition of MFU at the end of October 2006 and $3.6 million was due to higher copper prices in the electrical wire & cable business. Taking out exchange rate differences, acquisitions and copper effects, sales in Europe still grew organically by 16 percent as compared to the year ago quarter."

"In the emerging markets of Latin America and Asia Pacific, we saw a 34 percent increase in year-on-year sales, with a favorable impact of $0.8 million from currency exchange rate effects. Growth was particularly strong in Asia Pacific, which posted year-on-year growth of nearly 80 percent," continued Grubbs.

First Quarter Operating Results

"As a result of very strong sales growth, first quarter operating margins were 6.8 percent as compared to 5.6 percent in the year ago period," said Grubbs. "In North America, the 19 percent sales growth drove an improvement in operating leverage, which generated operating margins of 7.6 percent compared to 6.0 percent in the prior year first quarter. While strong market conditions and market share gains were the primary drivers of the sales growth and improved profitability, copper prices also contributed to first quarter operating results. Specifically, copper prices added an estimated $31.4 million to North American electrical wire & cable sales, which added an estimated $5.6 million to first quarter operating income as compared to the year ago quarter."

Grubbs added, "In Europe, operating margins in the most recent quarter were 4.6 percent as compared to 3.4 percent in the year ago quarter. This significant improvement in operating margins reflects the operating leverage we gained as a result of strong organic sales growth and the acquisition of MFU. Operating income in the quarter was, however, negatively impacted by copper price changes. While year-on-year increases in copper prices added to sales in Europe, the first quarter short-term drop in copper prices reduced gross profit and operating income by $0.7 million. This reduced operating margins by 28 basis points. We were again encouraged by the results in the most recent quarter as well as the near term outlook for our business in Europe."

"First quarter operating margins in the emerging markets were 5.7 percent as compared to 7.4 percent in the year ago quarter. The year ago first quarter benefited from a gain of $2.2 million related to a favorable sales tax settlement and, after excluding this gain, the year ago operating margins were 4.3 percent. Continued sales growth throughout these markets once again allowed us to achieve better leveraging of infrastructure costs that resulted in improved operating margins," added Grubbs.

Cash Flow and Leverage

"In the first quarter we generated cash from operations of $65.8 million as compared to $12.9 million in the year ago quarter," said Dennis Letham, Senior Vice President - Finance. "In anticipation of continued positive cash flow and in order to improve the effectiveness of our capital structure, we completed two important capital structure transactions during the quarter. We repurchased a total of 3 million shares, or approximately 7.6 percent of our outstanding shares, at an average price of $54.23 per share. To finance this repurchase the Company sold $300 million, principal amount, of 1% Convertible Senior Notes, that mature in 2013."

"As a result of these capital structure transactions our debt-to-total capital ratio at the end of the first quarter has increased to 52.5 percent as compared to 45.7 percent at the end of 2006. For the first quarter our weighted-average cost of borrowed capital was 4.8 percent, however, compared to 5.2 percent in the year ago quarter. At the end of the first quarter, 80 percent of our total borrowings of $950.9 million were fixed, either by the terms of the borrowing agreements or through hedging arrangements. We also had $233.3 million of available, unused credit facilities at March 30, 2007, which provides us with the resources to support continued strong organic growth and to pursue other strategic alternatives, such as acquisitions, in the coming quarters."

Business Outlook

Grubbs concluded, "2007 is off to a good start as most of the same underlying trends that generated record performance in 2006 continue to drive the business. If the underlying market fundamentals remain healthy and we continue to make solid progress on our strategic initiatives to build our security and OEM business, add to our supply chain services offering, expand the geographic presence of our electrical wire & cable business, and expand our product offering, 2007 has the potential to be another very strong year."

"As we move into the next three quarters of 2007, we will be measuring our progress against three comparatively stronger quarters of performance that will have the effect of slowing the year-over-year reported rates of sales and earnings growth. Nonetheless, we believe that the current market conditions will allow us to continue growing organic sales in line with our stated goal of 8 to 12 percent. It is our expectation that sales growth at these rates will enable us to continue achieving better operating leverage over time."

First Quarter Earnings Report

Anixter will report results for the 2007 first quarter on Tuesday, April 24, 2007, and broadcast a conference call discussing them at 9:30 am central time. The call will be Webcast by CCBN and can be accessed at Anixter's Website at http://www.anixter.com/. The Webcast also will be available over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at http://www.companyboardroom.com/, or by visiting any of the investor sites in CCBN's Individual Investor Network (such as America Online's Personal Finance Channel and Fidelity.com). Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (http://www.streetevents.com/). The Webcast will be archived on all of these sites for 30 days.

About Anixter

Anixter International is the world's leading distributor of communication products, electrical and electronic wire & cable and a leading distributor of fasteners and other small parts ("C" Class inventory components) to Original Equipment Manufacturers. The company adds value to the distribution process by providing its customers access to 1) innovative inventory management programs, 2) more than 350,000 products and over $900 million in inventory, 3) 220 warehouses with more than 5.5 million square feet of space, and 4) locations in 247 cities in 49 countries. Founded in 1957 and headquartered near Chicago, Anixter trades on The New York Stock Exchange under the symbol AXE.

Safe Harbor Statement

The statements in this news release that use such words as "believe," "expect," "intend," "anticipate," "contemplate," "estimate," "plan," "project," "should," "may," or similar expressions are forward-looking statements. They are subject to a number of factors that could cause the company's actual results to differ materially from what is indicated here. These factors include general economic conditions, technology changes, changes in supplier or customer relationships, commodity price fluctuations, exchange rate fluctuations, new or changed competitors and risks associated with integration of recently acquired companies. Please see the company's Securities and Exchange Commission filings for more information.

Additional information about Anixter is available on the Internet at http://www.anixter.com/ ANIXTER INTERNATIONAL INC. Condensed Consolidated Statements of Operations 13 Weeks Ended March 30, March 31, (In millions, except per share amounts) 2007 2006 Net sales $1,328.7 $1,070.5 Cost of goods sold 1,010.3 813.3 Gross profit 318.4 257.2 Operating expenses 226.1 196.7 Amortization of intangibles 1.9 0.9 Operating income 90.4 59.6 Interest expense (10.9) (8.5) Other, net 0.7 (0.1) Income before income taxes 80.2 51.0 Income tax expense 26.6 19.7 Net income $53.6 $31.3 Net income per share: Basic $1.42 $0.81 Diluted $1.27 $0.74 Average shares outstanding: Basic 37.8 38.7 Diluted 42.0 42.4 Geographic Segments Net sales: North America $927.0 $778.8 Europe 305.1 219.4 Asia Pacific and Latin America 96.6 72.3 $1,328.7 $1,070.5 Operating income: North America $70.8 $46.9 Europe 14.0 7.4 Asia Pacific and Latin America 5.6 5.3 $90.4 $59.6 ANIXTER INTERNATIONAL INC. Condensed Consolidated Balance Sheets March 30, December 29, (In millions) 2007 2006 Assets Cash and cash equivalents $45.5 $50.9 Accounts receivable, net 1,037.4 1,016.1 Inventories 947.9 904.9 Deferred income taxes 36.3 32.0 Other current assets 19.8 16.4 Total current assets 2,086.9 2,020.3 Property and equipment, net 65.2 62.0 Goodwill 382.5 364.8 Other assets 156.0 119.1 $2,690.6 $2,566.2 Liabilities and Stockholders' Equity Accounts payable $ 613.3 $ 506.8 Accrued expenses 162.7 203.4 Short-term debt 93.7 212.3 Total current liabilities 869.7 922.5 1.0% convertible senior notes 300.0 - 5.95% senior notes 200.0 200.0 Revolving lines of credit and other 197.1 238.2 3.25% zero coupon convertible notes 160.1 158.8 Other liabilities 103.9 84.7 Total liabilities 1,830.8 1,604.2 Stockholders' equity 859.8 962.0 $2,690.6 $2,566.2

Anixter International Inc.

CONTACT: Dennis Letham, Chief Financial Officer of Anixter International
Inc., +1-224-521-8601; or Investor and Media Inquiries, Chris Kettmann of
Ashton Partners, +1-312-553-6716, for Anixter International Inc.

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

New National Survey: Digital Cameras Top Wish-List for Mother's Day; Circuit City Celebrates Moms with Photo Contest, Extra Guidance in Stores and Online

RICHMOND, Va., April 24 /PRNewswire-FirstCall/ -- As families across the country prepare to salute the moms in their lives, a new national survey commissioned by Circuit City Stores, Inc. is helping to redefine the meaning of "traditional" Mother's Day gifts, and digital cameras are emerging as top gift choices.

More than 3,000 moms and dads across the country responded to the survey and consumer electronics ranked high on wish lists. Asked to choose their preferred Mother's Day gift:

-- 20 percent of moms would choose a digital camera -- 16 percent of moms would choose flowers -- 16 percent of moms would choose a camcorder -- 12 percent of moms would choose DVD movies or music CDs -- Nine percent of moms would choose an MP3 player -- One percent of moms would choose candy

The same survey confirmed mom's role as "chief family historian." Asked who takes most of the family photos, 58 percent of parents said mom; 26 percent said dad; 15 percent said kids or others. Additional findings:

-- 42 percent of moms said they are thinking of upgrading or actively shopping for a new digital camera -- 55 percent of moms said the feature they want most in a new camera is better picture resolution (more megapixels) -- 18 percent of moms said the feature they most want in a new camera is faster shutter speed -- 14 percent of moms said the feature they most want in a new camera is a better lens -- 13 percent of moms said the feature they most want in a new camera is small, sleek design

The survey was commissioned by Circuit City Stores, Inc. and conducted by independent research firm Decision Analyst, Inc. of Arlington, Texas. The margin of error is plus-or-minus 2%.

Circuit City is celebrating Mother's Day with special events related to digital imaging.

Photo Contest:

Through April 29, 2007, consumers nationwide are invited to enter a photo contest dedicated to illustrating "Mom's Favorite Things" by logging on to http://www.circuitcity.com/; check "New at Circuit City." The person who submits the winning photo will receive a pair of new digital cameras from Canon and a special message saluting the winner's mom will appear on Mother's Day on major Web sites, including http://www.premiere.com/, http://www.womensday.com/, and http://www.elle.com/.

Live Internet Forum:

Consumers who want to get the big picture about digital imaging can interact with a nationally respected expert in the field in a live moderated forum at http://www.circuitcity.com/mom. George Schaub, editorial director of Shutterbug Magazine will moderate the forum on Tuesday, May 8, 2007 from 8 p.m. to 10 p.m. ET. "I'm excited that Shutterbug and Circuit City are teaming up for this event," said Schaub. "I believe the forum will provide a wonderful opportunity to exchange ideas and information." Consumers can submit questions prior to the live forum starting on April 29, 2007.

Shutterbug is the leading imaging publication for those interested in increasing their knowledge, skill and enjoyment of photography. Written by serious photographers for serious photographers, Shutterbug offers a unique combination of detailed equipment reviews, compelling features, and in-depth instructional articles. In addition to a vast archive of tutorials and product-related content, Shutterbug.com includes interactive galleries and forums for photo enthusiasts of all skill levels.

Special Help for Last-Minute Shoppers:

On Saturday, May 12, last-minute Mother's Day shoppers can get extra help in most Circuit City Superstores nationwide. Specially-trained experts will supplement regular store associates and will be on hand from 1 p.m. to 5 p.m. to demonstrate how to find the right camera for mom.

About Circuit City:

Circuit City Stores, Inc. is a leading specialty retailer of consumer electronics and related services. The domestic segment operates through 643 Superstores and 12 other locations in 158 U.S. markets. The international segment operates through approximately 800 retail stores and dealer outlets in Canada. Circuit City also operates Web sites at http://www.circuitcity.com/, http://www.thesource.ca/ and http://www.firedog.com/.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010709/CCLOGO )

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

CONTACT: Jackie Foreman of Circuit City Stores, Inc., +1-804-418-8298,
jackie_foreman@circuitcity.com

Web site: http://www.circuitcity.com/
http://www.shutterbug.com/
http://www.premiere.com/
http://www.womensday.com/
http://www.elle.com/
http://www.thesource.ca/
http://www.firedog.com/

Comtech Group, Inc. Announces Pricing of Common Stock Offering

SHENZHEN, China, April 24 /PRNewswire-FirstCall/ -- Comtech Group, Inc. , a provider of customized module design solutions for the electronics sector in China, today announced that it has priced a public offering of 5,500,000 shares of its common stock, at $17.50 per share, raising gross proceeds of approximately $73.3 million. Of these shares, Comtech is offering 4,400,000 shares and the selling stockholders are offering 1,100,000 shares. Comtech will not receive any proceeds from the sale of shares by the selling stockholders. Comtech and the selling stockholders have granted the underwriters an option, exercisable for 30 days, to purchase up to an additional 660,000 shares from Comtech and an additional 165,000 shares from the selling stockholders. The offering is expected to close on April 27, 2007.

Lehman Brothers Inc and Jefferies & Company, Inc. are serving as joint bookrunners of the offering, with Bear, Stearns & Co. Inc., Needham & Company, LLC and C.E. Unterberg, Towbin LLC acting as co-managers.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any shares of Comtech Group, Inc. common stock, nor shall there be any sale of the securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Copies of the prospectus related to this offering are available through the Securities and Exchange Commission's (SEC) electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov/.

About Comtech Group, Inc.

Comtech is a provider of customized module design solutions in China and serves as a gateway to leading electronics manufacturers in China. Comtech has historically focused on the digital media, mobile handset and telecom equipment end-markets. Over the course of Comtech's operating history, Comtech has worked with over 200 customers, including many of the most established manufacturers in the mobile handset, telecom equipment and digital media end-markets in China. For more information, visit http://www.comtech.com.cn/.

Safe Harbor Statement

This press release includes certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may be identified by reference to a future period(s) or by the use of forward-looking terminology, such as "may," "will," "intend," "should," "expect," "anticipate," "estimate" or "continue" or the negatives thereof or other comparable terminology. Our actual results could differ materially from those anticipated in such forward-looking statements due to a variety of factors. These factors include but are not limited to, the risk the offering will not close; the demand for our products; competitive factors in the businesses in which we compete; continued customer acceptance of our products; adverse changes in the securities markets and the availability of and costs associated with sources of liquidity. For a further description of these and other risks and uncertainties, see our most recent Annual Report filed with the SEC on Form 10-K, and our subsequent SEC filings including the registration statement filed recently. Copies of filings made with the SEC are available through EDGAR at http://www.sec.gov/.

Comtech Group, Inc.

CONTACT: Hope Ni, Chief Financial Officer of Comtech Investor Relations,
HK: +852-2730-1518, NYC: +1-646-291-8998, Fax: +86-755-2674-3522,
communications@comtech.com.cn

Web site: http://www.comtech.com.cn/
http://www.comtech.com.cn/investorinfo.html

Motorola Helps Enable RC Technologies To Deliver Video Service Wirelessly

HORSHAM, Pa., April 24 /PRNewswire-FirstCall/ -- Motorola, Inc. announced today that it has been selected by RC Technologies, a leading provider of telecommunications services in northeastern South Dakota, to provide its Astria(R) content processor and Astria video services processor (VSP) head-end solutions. This will allow RC Technologies to deliver video content wirelessly to subscribers in the northeastern portion of the state.

Using a Motorola Astria content processor head-end to provide bandwidth efficient advanced compression technologies, RC Technologies plans to deliver more than 90 channels of video over its core Internet Protocol (IP) fiber network.

At the edge of the network, Motorola's Astria video services processor will convert the IP channels to digital RF for delivery over coax or the MMDS network, depending upon location. As a result, customers in RC Technologies' service area will now have more choice in video service providers.

"RC Technologies provides world-class communication and entertainment services while maintaining an economical approach to the business," said Pam Harrington, CEO, RC Technologies. "Motorola has proven expertise and leadership in the delivery of advanced video networks and we are very pleased to include their products and solutions in this consumer offering."

"Motorola continues to deliver seamless, end-to-end video solutions that meet our customers' needs. We are very excited to collaborate with RC Technologies on this next-generation video service," said Doug Means, corporate vice president and general manager Motorola IP Video Solutions business.

The primary network into the customer premises in two exchanges will be RC Technologies' Multipoint, Multichannel Distribution Service (MMDS) wireless access network.

"MMDS was the most cost-effective means of delivering video to RC Technologies' rural service area where as fiber access would have been cost prohibitive," said David Pawlowski, network engineering manager for CC&I Engineering which delivered the network design to RC Technologies.

In addition to providing the core video processing technologies, Motorola will provide integration and project management for all headend components, including conditional access, multiplexing and set-top testing. Motorola is using its MPEG-4 advanced video codec (AVC) to deliver video content to subscribers via Radio Frequency (RF) set top boxes.

About RC Technologies

To learn more about RC Technologies, please visit them at http://www.rctca.net/ .

About CC&I Engineering

To learn more about CC&I Engineering, please visit them at http://www.cci-eng.com/ .

About Motorola, Inc.

Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of seamless mobility, the people of Motorola are committed to helping you connect simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $42.9 billion in 2006. For more information about our company, our people and our innovations, please visit http://www.motorola.com/ .

MOTOROLA and the Stylized M Logo are registered in the US Patent and Trademark Office. All other product or service names are the property of their respective owners.

Photo: http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGO
http://www.newscom.com/cgi-bin/prnh/20020415/MOTNOTAGLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Motorola, Inc.

CONTACT: Kalia Farrell, Motorola, +1-215-323-1059, or
Kalia.Farrell@motorola.com

Web site: http://www.motorola.com/
http://www.rctca.net/
http://www.cci-eng.com/

'One Product but Multiple Brands': CCID Consulting Discloses a New Tactic to Win in China's PC Market

BEIJING, April 24 /Xinhua-PRNewswire/ -- The media has recently reported that HP plans to introduce a new PC brand mainly for the middle- and high-end consumers. This will form a hierarchy with Voodoo, the new brand, HP, and Compaq being the different levels in HP's product brand system. CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong, comments that HP is now gradually forming a new PC brand system, thus striking a first blow in a brand war.

With the penetration of the Internet, PCs (PCs and notebooks) have gradually become a consumer product similar to mobile phones and automobiles in people's lives. Predictable consumption patterns are gradually becoming clearer. One such example is that consumers with different purchasing powers have started to show different demands. This is not merely a product's functionality or performance; there is still a growing need for the product to highlight other features of consumer preferences, such as a user's status and taste. Based on this trend, some PC makers have started to use the brand differentiation strategy, previously used for automobiles and other consumer products, as a reference point for a new strategy of brand values with PC products. They have classified low-, middle- and high-end products and brands with different positioning and set up a framework of "one product but multiple brands" to meet consumers' differentiated brand pursuits. The new brand that HP has introduced precisely fills the middle- and high-end consumption demand left between Voodoo and HP.

The brand differentiation strategy implemented by PC makers will also bring about certain changes to the pattern of competition in the PC market. From the HP phenomenon, CCID Consulting analyst Zhao Gang has reached the following conclusions: As PC consumption features become more apparent, market leaders should consider, on the basis of their unified enterprise brand, differentiating their product brands and adopting a strategy of one product but multiple brands. HP currently adopts this model precisely. In the low-, middle- and high-end market, HP now respectively focuses on promoting Compaq, HP and Voodoo. The newly planned brand is between Voodoo and HP. People can see that HP's PC brand operations are increasingly segmented and specialized. For market followers such as TCL, Haier, Great Wall and Hasee, it is perhaps possible to form their own differentiated positioning in the market through their implementation of brand values. They may only focus on product brands of low-, middle- or high-end values, and through it, form competitive advantages in those particular market segments.

Unified product brands have mostly been adopted for PCs, such as Acer and Dell. To continue to expand their market shares and fully cover the low-, middle- and high-end, these market leaders often make differentiated product positioning through a primary and secondary brand strategy or unified brand product series. These include Lenovo-Yangtian, Lenovo-Qitian, Lenovo-Kaitian, and Dell's XPS and Optiplex series. However, unified primary product brands are still used for the secondary brands and serialization. Vendors who adopt unified product brands often face problems such as conflicting goals in their brand pursuits, generalizations in their communications and promotions, and even mutual constraints.

For HP, implementing a brand framework and implementing a differentiated brand strategy will avoid price wars resulting from growing homogenization of PC technology and products, and form a reasonable profit margin for PCs. HP, which brings new tactics to the brand wars, will likely have better market performance in the future.

About CCID Consulting

CCID Consulting Co., Ltd. (also known as CCID Consulting), the first Chinese consulting firm listed in the Growth Enterprise Market of the Stock Exchange (GEM) of Hong Kong (stock code: HK08235), is a direct affiliate of the China Center for Information Industry Development (hereinafter known as CCID Group). Headquartered in Beijing, CCID Consulting has so far set up branch offices in Shanghai, Guangzhou, Shenzhen and Harbin, with over 300 professional consultants and industry experts. The Company's business scope has covered over 200 large- and medium-sized cities in China. Apart from home market development, CCID Consulting is establishing international cooperation links across the United States, the Asia-Pacific region and Europe, by setting up agents in the U.S., Japan, South Korea, Australia, Singapore, Italy and Russia, with the aim of going global.

Based on four major competitive areas of the powerful data channels, industrial resources, intense knowledge and deep understanding of information technology, CCID Consulting provides customers with consulting, research and IT outsourcing services covering strategy planning, IT application, marketing strategy, human resources and information technology outsourcing. Our customers range from industrial users in IT, telecommunications, energy, finance, automobile, to government departments at all levels and diversified industrial parks.

CCID Consulting is committed to becoming the No. 1 brand for strategy consulting, the No. 1 consultant for enterprise management and the No. 1 expert in market research. For more information, please visit our website at http://www.ccidconsulting.com/default_e.asp .

For more information, please contact: Grace Gao CCID Consulting Co., Ltd. Tel: +86-10-8855-9020 Email: gaojie@ccidconsulting.com

CCID Consulting Co., Ltd.

CONTACT: Grace Gao of CCID Consulting Co., Ltd., +86-10-8855-9020, or
gaojie@ccidconsulting.com

Web site: http://www.ccidconsulting.com/default_e.asp

Aruba Networks Extends Wireless VoIP Leadership With Certification for New Polycom 802.11a/b/g Wireless TelephonesAruba's Standards-based Wireless LAN is the First to Be VIEW Certified by Polycom for Use With Its Rugged, Lightweight SpectraLink Wireless Telephones

SUNNYVALE, Calif., April 24 /PRNewswire-FirstCall/ -- Aruba Networks , a global leader in secure mobility solutions, today announced that its Mobile Edge Architecture is the first to be VIEW (Voice Interoperability for Enterprise Wireless) Certified by Polycom for use with its SpectraLink NetLink 8000 Series Wireless Telephones. Aruba's secure mobility infrastructure solutions are designed for converged data, voice, and video applications in which robust wireless LAN performance, seamless roaming, and client-to-core security are critical considerations. The SpectraLink Wireless Telephones are designed for high-use enterprise environments in which employee mobility, responsiveness, and productivity are essential. Polycom's interoperability certification provides assurance that the two technologies can be used seamlessly without concern for system incompatibilities.

"The new Polycom handsets are richly featured and require an equally well featured wireless LAN to support every mode of operation," said Peter Thornycroft, Aruba's product manager for voice solutions. "To assure customers that these sophisticated products interoperate seamlessly, we jumped at the chance to be the first to obtain VIEW Certification and are very pleased to have passed in very short order."

The SpectraLink handsets are the industry's first enterprise-grade 802.11a/b/g handsets, and are further distinguished by their durable design and long battery life. Both handsets are IP 53 rated for resistance to dust and sprayed water, and meet MIL STD 810F for shock resistance. The NetLink 8030 Wireless Telephone also includes a push-to-talk feature for workgroup communication.

"Our handsets require a robust, secure wireless LAN solution," said Geri Mitchell-Brown, Polycom's director of technical business development. "To maximize performance of our wireless telephones, the Wi-Fi network must ensure toll-quality voice, drop-free fast roaming, and high availability. VIEW Certification testing confirmed Aruba's wireless LAN technology meets all three criteria while also supporting enterprise-grade security standards."

Aruba software revision 2.5.4 software, which is shipping today, was used in the Certification testing. The Polycom handsets are also currently available.

SpectraLink is now a part of Polycom, a global leader in unified collaborative communications solutions that maximize the efficiency and productivity of people and organizations by integrating the broadest array of voice, video and content for wired and wireless environments. SpectraLink delivers the power of mobile voice and messaging applications to business worldwide. Seamlessly integrating with VoIP and traditional telephony platforms, SpectraLink's scaleable technology provides instant access to people and business critical information. SpectraLink handsets free on- premises employees to be more accessible, productive and responsive.

About Aruba Networks, Inc.

Aruba Networks provides an enterprise mobility solution that enables secure access to data, voice and video applications across wireless and wireline enterprise networks. The Aruba Mobile Edge Architecture allows end- users to roam to different locations within an enterprise campus or office building, as well as to remote locations such as branch and home offices, while maintaining secure and consistent access to all of their network resources. Using the Aruba Mobile Edge Architecture, IT departments can manage user-based network access and enforce application delivery policies from a single integrated point of control in a consistent manner. Aruba's user- centric enterprise mobility solution integrates the ArubaOS operating system, optional value-added software modules, a centralized mobility management system, high-performance programmable mobility controllers, and wired and wireless access points. Based in Sunnyvale, California, Aruba has operations in the United States, Europe, the Middle East and Asia Pacific, and employs staff around the world. To learn more, visit Aruba at http://www.arubanetworks.com/.

NOTE: Aruba Networks is a registered trademark, and Aruba The Mobile Edge Company and Mobile Edge Architecture are trademarks of Aruba Networks, Inc. All other trademarks or registered trademarks are the property of their respective holders. Portions (C) 2007 Aruba Networks, Inc. All rights reserved. Specifications are subject to change without notice.

Aruba Networks, Inc.

CONTACT: Michael Tennefoss of Aruba Networks, Inc., +1-408-754-8034, or
mtennefoss@arubanetworks.com; or Jay Nichols of Sterling Communications, Inc.,
+1-415-392-2300, or jnichols@sterlingpr.com, for Aruba Networks, Inc.

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

Micrel Board of Directors Approves Initial Quarterly Dividend of $0.03 Per Share

SAN JOSE, Calif., April 24 /PRNewswire-FirstCall/ -- Micrel, Incorporated , today announced that its board of directors has authorized the initiation of a common stock dividend. Micrel will pay a quarterly dividend of $0.03 per common share on May 30, 2007 to shareholders of record on May 8, 2007.

"Over the past five years, Micrel has significantly improved its financial performance," stated Ray Zinn, president and CEO of Micrel. "We believe the payment of a dividend reflects our confidence in Micrel's on-going success and is a good way to reward our shareholders by allowing them to share directly in the Company's achievements."

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This press release includes statements that qualify as forward-looking statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements about the following topics: the Company's plans to pay a dividend to common stock shareholders, including the timing and amount of a dividend payment. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially. Those risks and uncertainties include, but are not limited to, such factors as the Company's ability to fund dividend payments and share repurchases, and the Company's ability to generate positive cash flows. All forward-looking statements are made as of today, and the Company disclaims any duty to update such statements.

About Micrel

Micrel Inc., is a leading global manufacturer of IC solutions for the worldwide analog, Ethernet and high bandwidth markets. The Company's products include advanced mixed-signal, analog and power semiconductors; high performance communication, clock management, Ethernet switch and physical layer transceiver ICs. Company customers include leading manufacturers of enterprise, consumer, industrial, mobile, telecommunications, automotive, and computer products. Corporation headquarters and state-of-the-art wafer fabrication facilities are located in San Jose, CA, with regional sales and support offices and advanced technology design centers situated throughout the Americas, Europe and Asia. In addition, the Company maintains an extensive network of distributors and sales representatives worldwide.

For further information, contact Richard Crowley at: Micrel, Incorporated, 2180 Fortune Drive, San Jose, California, 95131, (408) 944-0800; or visit our website at: http://www.micrel.com/.

Micrel, Incorporated

CONTACT: Richard Crowley of Micrel, Incorporated, +1-408-944-0800

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

Lexmark reports first quarter results

LEXINGTON, Ky., April 24 /PRNewswire-FirstCall/ -- Lexmark International, Inc. today announced financial results for the first quarter of 2007. First-quarter revenue was $1.261 billion, down 1 percent compared to revenue of $1.275 billion last year. First-quarter earnings per share were $0.95. Earnings per share for the first quarter of 2007 would have been $0.96 excluding $0.01 per share restructuring-related charges. First-quarter 2006 earnings per share were $0.78. Earnings per share for the first quarter of 2006 excluding $0.31 per share restructuring-related charges and $0.06 per share pension curtailment gain would have been $1.03.

"While our results were in line with the guidance ranges we provided on our January call, we view this as a mixed quarter for Lexmark. Among the factors affecting our results were some strong positives, some challenges, and some investments we believe are necessary to continue to strengthen our competitive position and to position us for long-term growth," said Paul J. Curlander, Lexmark chairman and chief executive officer.

"On the positive side, highlights for the quarter included strong branded unit growth in the key focus segments of color laser, laser all-in-ones, and inkjet all-in-ones. Total branded hardware revenue was up year to year for the fourth straight quarter. We saw good revenue growth in our business market segment in both core hardware and supplies revenue. Branded inkjet units were up year to year, starting to recover after unit declines in 2006. Challenges included OEM unit sales that continued to be weak, declines in inkjet supplies sales, and hardware pricing that was fairly aggressive in both laser and inkjet markets," Curlander said.

"During the quarter we continued to step up our investments in brand development and R&D. Given the strength of our product line, we are now increasing our investment in demand generation in all customer segments. While these investments negatively impact results in the current quarter, we believe we will see the benefit from these investments in the future," said Curlander.

First-quarter 2007 business segment revenue of $737 million grew 7 percent year to year and consumer segment revenue of $523 million declined 11 percent compared to a year ago. First-quarter 2007 gross profit margin was 33.5 percent, the operating expense to revenue ratio was 23.9 percent, and operating income margin was 9.6 percent. First-quarter 2007 results include $2 million net restructuring-related pretax charges. This $2 million net impact is comprised of $1 million in cost of revenue and $1 million in operating expense.

First-quarter 2006 gross profit margin was 31.7 percent, the operating expense to revenue ratio was 22.2 percent, and operating income margin was 9.5 percent. First-quarter 2006 results include $50 million restructuring-related pretax charges and $10 million pretax pension curtailment benefit resulting in a net impact of $19 million in cost of revenue and $21 million in operating expense.

Excluding first-quarter restructuring-related charges and the first- quarter 2006 pension curtailment benefit:

-- First-quarter 2007 gross profit margin would have been 33.7 percent, up 60 basis points from 33.1 percent in the same period last year principally due to a reduction in inkjet hardware units partially offset by lower product margins. -- First-quarter 2007 operating expense as a percentage of revenue would have been 23.9 percent, up 330 basis points from 20.6 percent in the same quarter last year driven by increased demand generation and product development investments. -- First-quarter 2007 operating income margin would have been 9.8 percent, down 280 basis points from 12.6 percent last year reflecting R&D and demand generation investments to drive future sales.

First-quarter net cash provided by operating activities was $87 million. Capital expenditures for the quarter were $49 million. Lexmark repurchased approximately 2.7 million shares of its stock during the quarter for $165 million. The company's remaining share repurchase authorization was about $295 million at quarter end. The company ended the quarter with $443 million in cash and marketable securities.

New products capitalize on important industry dynamics

Today, the company introduced an entire new line of products focused on the rapidly growing color laser segment. The company's new color laser MFP line includes the X782e and the X940e family for business workgroups, and the X500n family for desktop users and smaller workgroups. The Lexmark C780n and the C935dn printer families are designed for business workgroups that need access to high-quality, reliable color printing technology at affordable prices. These new color lasers significantly increase Lexmark's offerings in this important growth segment.

Lexmark continues to receive important industry recognition for its color laser products.

-- The Lexmark X500n and X502n MFPs announced today received Editor's Choice recognition - the top award from independent reviewer Better Buys for Business. -- The Lexmark C500n and the Lexmark C530dn recently ranked in the top five of PC World's Top 10 Color Laser Printers list. -- The Lexmark C530dn, C532n, and C532dn recently received "Excellent" ratings from CNET.com and the C532n was recently listed as one of the site's favorite printers for under $500. -- The Lexmark C770n recently received a four-star rating from PC Magazine. -- The Lexmark C770 and C772 series recently received Editor's Choice awards from Better Buys for Business. -- The Lexmark C920 series was recently named Editor's Choice by Better Buys for Business for the second year in a row.

Last week, the company announced that, with the introduction of its 2007 inkjet product line, Lexmark will offer the broadest, most affordable range of wireless printers in the market. The company believes that consumers are embracing wireless networking with the rapid adoption of wireless laptop computers and wireless routers. Demonstrating its commitment to leadership in wireless printing, eight out of Lexmark's 12 new inkjet printers being introduced in 2007 will have wireless capabilities spanning four-in-one, three-in-one and single-function printer categories. Once Lexmark's full 2007 line is available, it will include six inkjet printers with integrated wireless and two with optional wireless capability. Available in the second quarter are the Lexmark X4550 Wireless All-in-One, the Lexmark Z1420 Wireless Color Printer, and the Lexmark X3550 Color All-in-One with wireless as an optional feature. The remaining wireless offerings will be introduced and available later this year.

New solutions leverage Lexmark's deep and proven industry expertise

The Lexmark Education Station announced today helps schools meet the requirements of the No Child Left Behind Act and builds on the company's heritage of providing unique workflow solutions for education. Likewise, the Lexmark Clinical Assistant announced earlier in the quarter delivers Lexmark's proven solutions for the health care industry in a unique way to help nursing and clinical staff with medical records management, physician order routing, card copying, and forms on demand. Both solutions utilize the company's award- winning Lexmark X646dte monochrome laser MFP platform with unique capabilities easily accessed via the company's intuitive eTask touchscreen interface.

Looking forward

In the second quarter of 2007, the company expects revenue to be down in the low- to mid-single digit percentage range year over year. It expects second-quarter 2007 EPS to be in the range of $0.82 to $0.92. EPS in the second quarter of 2006 were $0.74, or $1.09 excluding $0.35 per share restructuring-related charges.

Conference Call

The company will be hosting a conference call with securities analysts today at 8:30 a.m. (EDT). A live broadcast and a complete replay of this call can be accessed from Lexmark's investor relations Web site at http://investor.lexmark.com/. If you are unable to connect to the Internet, you can access the call via telephone at 866-406-5369 (outside the U.S. by calling 973-582-2847) or the replay shortly afterward by calling 877-519-4471 (outside the U.S. by calling 973-341-3080) using access code 8650132. The telephone replay of the conference call will be available until 12 noon on Tuesday, May 1, 2007.

Supplemental information slides, including reconciliations between GAAP and non-GAAP financial measures, will be available on Lexmark's investor relations Web site prior to the live broadcast.

About Lexmark

Lexmark International, Inc. provides businesses and consumers in more than 150 countries with a broad range of printing and imaging products, solutions and services that help them to be more productive. In 2006, Lexmark reported $5.1 billion in revenue. Learn how Lexmark can help you get more done at http://www.lexmark.com/.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this release which are not historical facts are forward-looking and involve risks and uncertainties, including, but not limited to, the inability to meet customer product requirements on a cost competitive basis, aggressive pricing from competitors and resellers, entrance into the market of additional competitors focused on printing solutions, market acceptance of new products and pricing programs, the financial failure or loss of business with a key customer, reseller or supplier, increased investment to support product development and marketing, inability to perform under managed print services contracts, decreased supplies consumption, increased competition in the aftermarket supplies business, periodic variables in revenue and profitability, failure to successfully outsource the infrastructure support of information technology systems, failure to manage inventory levels or production capacity, weak economic conditions, unforeseen cost impacts as a result of new legislation, fees on the company's products or litigation costs required to protect the company's rights, inability to obtain and protect the company's intellectual property and defend against claims of infringement and/or anticompetitive conduct, failure to execute planned cost reduction measures, reliance on international production facilities, manufacturing partners and certain key suppliers, disruptions at important points of exit and entry and distribution centers, changes in a country's political or economic conditions, conflicts among sales channels, the failure of information technology systems, changes in the company's tax provisions or tax liabilities, business disruptions, currency fluctuations, China's revaluation of its currency, terrorist acts, acts of war or other political conflicts, or the outbreak of a communicable disease, and other risks described in the company's Securities and Exchange Commission filings. The company undertakes no obligation to update any forward-looking statement.

Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective owners.

All prices, features, specifications and capabilities are subject to change without notice.

LEXMARK INTERNATIONAL, INC. AND SUBSIDIARIES CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS (In Millions, Except Per Share Amounts) (Unaudited) Three Months Ended March 31 2007 2006 Revenue $1,260.6 $1,275.3 Cost of revenue (1) 837.8 871.5 Gross profit 422.8 403.8 Research and development 99.9 87.4 Selling, general and administrative 201.8 174.8 Restructuring and other, net (1) - 21.1 Operating expense 301.7 283.3 Operating income 121.1 120.5 Interest (income) expense, net (4.4) (6.3) Other expense (income), net 1.2 0.8 Earnings before income taxes 124.3 126.0 Provision for income taxes 31.9 39.8 Net earnings $92.4 $86.2 Net earnings per share: Basic $0.96 $0.79 Diluted $0.95 $0.78 Shares used in per share calculation: Basic 96.5 109.8 Diluted 97.5 110.2 (1) Amounts for the three months ended March 31, 2006, included the impact of $49.6 million of restructuring-related charges. Restructuring-related charges of $18.7 million relating to accelerated depreciation on certain fixed assets were included in Cost of revenue. A $9.8 million pension curtailment gain was also included in Restructuring and other, net. LEXMARK INTERNATIONAL, INC. AND SUBSIDIARIES CONSOLIDATED CONDENSED STATEMENTS OF FINANCIAL POSITION (In Millions) (Unaudited) March 31 December 31 2007 2006 ASSETS Current assets: Cash and cash equivalents $120.3 $144.6 Marketable securities 322.4 406.3 Trade receivables, net 601.2 584.3 Inventories 433.3 457.8 Prepaid expenses and other current assets 243.2 237.0 Total current assets 1,720.4 1,830.0 Property, plant and equipment, net 842.8 846.8 Other assets 173.8 172.2 Total assets $2,737.0 $2,849.0 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $574.4 $600.3 Accrued liabilities 704.2 723.7 Total current liabilities 1,278.6 1,324.0 Long-term debt 149.8 149.8 Other liabilities 311.4 340.0 Total liabilities 1,739.8 1,813.8 Stockholders' equity: Common stock and capital in excess of par 851.9 828.4 Retained earnings 727.2 627.5 Treasury stock, net (454.7) (289.8) Accumulated other comprehensive loss (127.2) (130.9) Total stockholders' equity 997.2 1,035.2 Total liabilities and stockholders' equity $2,737.0 $2,849.0 LEXMARK INTERNATIONAL, INC. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP MEASURES (Unaudited) Earnings Per Share: 1Q07 1Q06 GAAP $0.95 $0.78 Restructuring-related charges 0.01 0.31 Pension curtailment gain - (0.06) Non-GAAP $0.96 $1.03 Operating Gross Expense to Operating Profit Revenue Income 1Q07: Margin Ratio Margin GAAP 33.5% 23.9% 9.6% Restructuring-related charges 0.2% - 0.2% Non-GAAP 33.7% 23.9% 9.8% 1Q06: GAAP 31.7% 22.2% 9.5% Restructuring-related charges 1.4% (2.4%) 3.9% Pension curtailment gain - 0.8% (0.8%) Non-GAAP 33.1% 20.6% 12.6% Earnings Per Share Guidance: 2Q07 2Q06 GAAP $0.82 to $0.92 $0.74 Restructuring-related charges 0.05 0.35 Accumulated translation gain upon Scotland liquidation (0.05) - Non-GAAP $0.82 to $0.92 $1.09 Note: Management believes that presenting these measures is useful because they enhance shareholders' understanding of how management assesses the performance of the Company's businesses. These measures may not be comparable to similar measures of other companies as not all companies calculate these measures in the same manner. LEXMARK INTERNATIONAL, INC. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP MEASURES (Unaudited) Segment Operating Income Restructuring- First Quarter (Dollars in Millions) GAAP Related (1) Non-GAAP 2007 Business $154 $- $154 Consumer 64 (3) 61 Other (97) 5 (92) Total $121 $2 $123 2006 Business $147 $8 $155 Consumer 65 31 96 Other (2) (92) 1 (91) Total $121 $39 $160 2007 vs. 2006 Comparison: Business 4% (5%) (1%) Consumer - (36%) (36%) Other (6%) 5% (1%) Total - (23%) (23%) (1) 2007 Restructuring-related amounts are comprised of restructuring- related project costs of $6 million and a $4 million gain on the sale of the Rosyth, Scotland manufacturing facility. (2) $10 million pension curtailment gain included in 2006 GAAP and Restructuring-related columns on "Other" line. Notes: Management believes that presenting these measures is useful because they enhance shareholders' understanding of how management assesses the performance of the Company's businesses. These measures may not be comparable to similar measures of other companies as not all companies calculate these measures in the same manner. Totals may not foot due to rounding. LEXMARK INTERNATIONAL, INC. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP MEASURES (Unaudited) First Quarter (Dollars in Millions) 2007 2006 Gross Profit: GAAP $423 $404 Restructuring-related charges 1 19 Pension curtailment gain - - Non-GAAP $424 $422 Operating Expense: GAAP $302 $283 Restructuring-related charges (1) (31) Pension curtailment gain - 10 Non-GAAP $301 $262 Operating Income: GAAP $121 $121 Restructuring-related charges 2 50 Pension curtailment gain - (10) Non-GAAP $123 $160 Net Earnings: GAAP $92 $86 Restructuring-related charges 2 34 Pension curtailment gain - (7) Non-GAAP $94 $113 Net Earnings: GAAP 7.3% 6.8% Restructuring-related charges 0.2% 2.6% Pension curtailment gain - (0.5%) Non-GAAP 7.5% 8.9% Notes: Management believes that presenting these measures is useful because they enhance shareholders' understanding of how management assesses the performance of the Company's businesses. These measures may not be comparable to similar measures of other companies as not all companies calculate these measures in the same manner. Totals may not foot due to rounding.

Photo: http://www.newscom.com/cgi-bin/prnh/20020819/LEXMARKLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Lexmark International, Inc.

CONTACT: Investors, John Morgan, +1-859-232-5568, jmorgan@lexmark.com,
or Media, Tim Fitzpatrick, +1-859-232-7527, tfitzpat@lexmark.com

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

II-VI Incorporated Reports Third Quarter Earnings on Record Revenues

PITTSBURGH, April 24 /PRNewswire-FirstCall/ --

FlashResults II-VI Incorporated IIVI (Numbers in Thousands, Except Per Share Data) 3rd quarter ended 3rd quarter ended 3/31/2007 YTD 3/31/2006 YTD Sales $67,085 $191,224 $59,363 $167,581 Net Income $10,049 $26,657 $7,450 $19,379 Average Shares 30,288 30,126 29,931 29,952 EPS $0.33 $0.88 $0.25 $0.65

II-VI Incorporated today reported results for its third quarter ended March 31, 2007. Revenues for the quarter increased 13% to a record $67,085,000 from $59,363,000 in the third quarter of last fiscal year. Revenues for the nine months ended March 31, 2007 increased 14% to $191,224,000 from $167,581,000 for the same period last fiscal year. Net earnings for the quarter were $10,049,000 or $0.33 per share-diluted. These results compare with net earnings of $7,450,000 or $0.25 per share-diluted in the third quarter of last fiscal year. For the nine months ended March 31, 2007, net earnings were $26,657,000 or $0.88 per share-diluted. This compares with net earnings of $19,379,000 or $0.65 per share-diluted for the same period last fiscal year.

Bookings for the quarter increased 8% to $66,578,000 compared to $61,434,000 in the third quarter of last fiscal year. Bookings for the nine months ended March 31, 2007 increased 11% to $203,026,000 from $183,439,000 for the same period last fiscal year. Bookings are defined as customer orders received that are expected to be converted into revenues during the next 12 months.

Francis J. Kramer, president and chief operating officer said, "Highlights affecting the record revenues for the third quarter were a significant financial improvement by our Near-Infrared Optics business segment and increased sales of UV filter products, combined with record revenues from our Infrared Optics business segment. Meanwhile, certain process and capacity issues combined with higher raw material and internal research and development costs in the Infrared Optics business resulted in reduced margins for that segment compared to the prior year. The operational performance of our Military Infrared Optics business segment continues to improve with year to date segment earnings up over $2 million when compared to the same period one year ago. The Compound Semiconductor Group's record level of bookings for the quarter at over $17 million indicate continued growth from this business segment."

Kramer continued, "During the quarter, we further strengthened our balance sheet and reduced our debt while making essential investments in equipment and facilities to expand our production capacity. We expect record revenues for the fourth quarter of fiscal year 2007, as well as continued revenue and earnings per share growth in fiscal year 2008."

Segment Information

The following segment information includes segment earnings (defined as earnings before income taxes, interest expense and other income or expense, net). Management believes segment earnings are a useful performance measure because they reflect the results of segment performance over which management has direct control.

Three Months Ended Nine Months Ended March 31, March 31, % % Increase Increase 2007 2006 (Decrease) 2007 2006 (Decrease) Bookings: Infrared Optics $34,726 $34,108 2% $98,853 $90,962 9% Near-Infrared Optics 8,826 8,734 1% 41,421 32,356 28% Military Infrared Optics 5,778 6,315 (9)% 20,357 20,528 (1)% Compound Semiconductor Group 17,248 12,277 40% 42,395 39,593 7% Total Bookings $66,578 $61,434 8% $203,026 $183,439 11% Revenues: Infrared Optics $34,000 $32,365 5% $97,652 $87,970 11% Near-Infrared Optics 12,866 6,886 87% 35,105 22,867 54% Military Infrared Optics 7,065 7,707 (8)% 19,714 21,806 (10)% Compound Semiconductor Group 13,154 12,405 6% 38,753 34,938 11% Total Revenues $67,085 $59,363 13% $191,224 $167,581 14% Segment Earnings (Loss): Infrared Optics $8,817 $10,836 (19)% $26,414 $26,653 (1)% Near-Infrared Optics 1,512 (279) N/A 4,346 792 449% Military Infrared Optics 966 411 135% 1,810 (495) N/A Compound Semiconductor Group 852 524 63% 1,865 409 356% Total Segment Earnings $12,147 $11,492 6% $34,435 $27,359 26% Outlook

For the fourth fiscal quarter ending June 30, 2007, II-VI Incorporated (the "Company" or "II-VI") currently forecasts revenues to range from $67.5 million to $69.5 million and earnings per share to range from $0.30 to $0.33. Results for the quarter ended June 30, 2006 were revenues of $64.9 million and loss per share of $(0.29). For the fiscal year ending June 30, 2007, the Company expects revenues to range from $259 million to $261 million and earnings per share to range from $1.19 to $1.22. Results for the year ended June 30, 2006 were revenues of $232.5 million and earnings per share of $0.36. The results for the quarter and the year ended June 30, 2006 included a non- cash goodwill impairment charge of approximately $17.6 million which negatively impacted earnings per share by $0.59.

For the fiscal year ending June 30, 2008, the Company anticipates revenues to increase between 11% and 13% from the revenues forecasted for June 30, 2007. The Company also anticipates earnings per share to increase between 11% and 14% from the earnings per share forecasted for June 30, 2007.

Other Information

The Company also announced today it had completed its investment in Guangdong Fuxin Electronic Technology Company (Fuxin). The Company's recent partnership with Fuxin was previously announced in a II-VI press release on March 26, 2007. Fuxin, a leader in thermoelectric-based consumer appliances, has begun to work with II-VI's subsidiary, Marlow Industries, Inc., to expand opportunities in thermoelectrics. II-VI invested approximately $3 million to become a non-controlling minority investor in Fuxin.

Webcast Information

The Company will host a conference call at 9:00 a.m. Eastern Time on Tuesday, April 24, 2007 to discuss these results. The conference call will be broadcast live over the internet and can be accessed by all interested parties from the Company's web site at http://www.ii-vi.com/ as well as at http://www.videonewswire.com/event.asp?id=38834. Please allow extra time prior to the call to visit the site and, if needed, download the media software required to listen to the internet broadcast. A replay of the webcast will be available for two weeks following the call.

About II-VI Incorporated

II-VI Incorporated, the worldwide leader in crystal growth technology, creates and markets products for a diversified customer base including industrial manufacturing, military and aerospace, medical radiology, high- power electronics and telecommunications, and thermoelectronics applications. Headquartered in Saxonburg, Pennsylvania, with manufacturing, sales, and distribution facilities worldwide, the Company produces numerous crystalline compounds including zinc selenide for infrared laser optics, cadmium zinc telluride for gamma radiation detectors, silicon carbide for high-power electronic and microwave applications, and bismuth telluride for thermoelectric coolers.

The Company's infrared optics business, II-VI Infrared, manufactures optical and opto-electronic components for industrial laser and thermal imaging systems. The Company's near-infrared optics business, VLOC, manufactures near-infrared and visible light products for industrial, scientific, military and medical instruments and laser gain materials and products for solid-state YAG and YLF laser. The Company's military infrared optics business, Exotic Electro-Optics (EEO), manufactures infrared products for military applications. In the Company's Compound Semiconductor Group, the Company's eV PRODUCTS division manufactures and markets solid-state x-ray and gamma-ray sensor products and materials for use in medical, industrial, environmental, scientific and homeland security applications; the Company's Wide Bandgap Materials (WBG) group manufactures and markets single crystal silicon carbide substrates for use in the solid-state lighting, wireless infrastructure, RF electronics and power switching industries; the Company's Marlow Industries, Inc. subsidiary designs and manufactures thermoelectric cooling and power generation solutions for use in defense, space, photonics, telecommunications, medical, consumer and industrial markets; and, the Company's Advanced Materials Development Center (AMDC) provides expertise in materials development, process development, and manufacturing scale up.

This press release contains forward-looking statements based on certain assumptions and contingencies that involve risks and uncertainties. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and relate to the Company's performance on a going-forward basis. The forward-looking statements in this press release involve risks and uncertainties, which could cause actual results, performance or trends to differ materially from those expressed in the forward-looking statements herein or in previous disclosures. The Company believes that all forward-looking statements made by it have a reasonable basis, but there can be no assurance that management's expectations, beliefs or projections as expressed in the forward-looking statements will actually occur or prove to be correct. In addition to general industry and economic conditions, factors that could cause actual results to differ materially from those discussed in the forward-looking statements in this press release include, but are not limited to: (i) the failure of any one or more of the assumptions stated above to prove to be correct; (ii) the risks relating to forward-looking statements and other "Risk Factors" discussed in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2006; (iii) purchasing patterns from customers and end-users; (iv) timely release of new products, and acceptance of such new products by the market; (v) the introduction of new products by competitors and other competitive responses; and/or (vi) the Company's ability to devise and execute strategies to respond to market conditions.

II-VI Incorporated and Subsidiaries Condensed Consolidated Statements of Earnings (Unaudited) (000 except per share data) Three Months Ended March 31, 2007 2006 Revenues Net sales $63,290 $56,642 Contract research and development 3,795 2,721 Total Revenues 67,085 59,363 Costs, Expenses & Other (Income) Expense Cost of goods sold 36,224 32,960 Contract research and development 2,741 2,095 Internal research and development 1,614 1,604 Selling, general and administrative 14,359 11,212 Interest expense 204 458 Other (income), net (518) (164) Total Costs, Expenses, Other (Income) Expense 54,624 48,165 Earnings Before Income Taxes 12,461 11,198 Income Taxes 2,412 3,748 Net Earnings $10,049 $7,450 Diluted Earnings Per Share $0.33 $0.25 Average Shares Outstanding - Diluted 30,336 29,931 II-VI Incorporated and Subsidiaries Condensed Consolidated Statements of Earnings (Unaudited) (000 except per share data) Nine Months Ended March 31, 2007 2006 Revenues Net sales $182,339 $160,599 Contract research and development 8,885 6,982 Total Revenues 191,224 167,581 Costs, Expenses & Other (Income) Expense Cost of goods sold 104,078 95,677 Contract research and development 6,643 5,052 Internal research and development 4,476 5,481 Selling, general and administrative 41,592 34,012 Interest expense 873 1,313 Other (income), net (1,963) (1,562) Total Costs, Expenses, Other (Income) Expense 155,699 139,973 Earnings Before Income Taxes 35,525 27,608 Income Taxes 8,868 8,229 Net Earnings $26,657 $19,379 Diluted Earnings Per Share $0.88 $0.65 Average Shares Outstanding - Diluted 30,159 29,952 II-VI Incorporated and Subsidiaries Condensed Consolidated Balance Sheets (Unaudited) (000) March 31, June 30, 2007 2006 Assets Current Assets Cash and cash equivalents $26,048 $26,885 Accounts receivable, net 45,446 42,122 Inventories 54,877 48,454 Deferred income taxes 9,186 7,561 Other current assets 3,333 2,611 Total Current Assets 138,890 127,633 Property, Plant & Equipment, net 81,648 77,713 Goodwill 24,801 23,293 Other Intangible Assets, net 14,263 14,968 Investment 3,042 2,437 Other Assets 4,876 4,252 Total Assets $267,520 $250,296 Liabilities and Shareholders' Equity Current Liabilities Accounts payable $13,039 $9,540 Current portion of long-term debt 2,607 7,553 Other current liabilities 25,092 27,942 Total Current Liabilities 40,738 45,035 Long-Term Debt-less current portion 11,708 23,614 Other Liabilities 10,431 11,056 Shareholders' Equity 204,643 170,591 Total Liabilities and Shareholders' Equity $267,520 $250,296 II-VI Incorporated and Subsidiaries Other Selected Financial Information (Unaudited) ($000 except per share data) The following other selected financial information includes earnings before interest, income taxes, depreciation and amortization (EBITDA). Management believes EBITDA is a useful performance measure because it reflects operating profitability before certain non-operating expenses and non-cash charges. Other Selected Financial Information Three Months Ended Nine Months Ended March 31, March 31, 2007 2006 2007 2006 EBITDA $16,475 $15,401 $48,385 $40,368 Cash paid for capital expenditures $5,398 $3,112 $13,837 $12,684 Net payments on indebtedness $4,514 $2,887 $16,790 $7,813 Incentive stock option and performance share compensation expense, pre-tax $727 $682 $2,263 $1,636 Cash paid for shares repurchased through the Company's stock repurchase program $- $1,225 $502 $1,722 Shares repurchased through the Company's stock repurchase program - 68,700 19,500 96,100 Reconciliation of Segment Earnings and EBITDA to Earnings Before Income Taxes Three Months Ended Nine Months Ended March 31, March 31, 2007 2006 2007 2006 Total Segment Earnings $12,147 $11,492 $34,435 $27,359 Interest expense 204 458 873 1,313 Other (income), net (518) (164) (1,963) (1,562) Earnings before income taxes $12,461 $11,198 $35,525 $27,608 EBITDA $16,475 $15,401 $48,385 $40,368 Interest expense 204 458 873 1,313 Depreciation and amortization 3,810 3,745 11,987 11,447 Earnings before income taxes $12,461 $11,198 $35,525 $27,608

II-VI Incorporated

CONTACT: Craig A. Creaturo, Chief Financial Officer and Treasurer of II-
VI Incorporated, +1-724-352-4455, ccreaturo@ii-vi.com

Web site: http://www.ii-vi.com/

Benchmark Electronics Reports Results for the Quarter Ended March 31, 2007

ANGLETON, Texas, April 24 /PRNewswire-FirstCall/ -- Benchmark Electronics, Inc. , a leading contract manufacturing provider, announced sales of $752 million for the quarter ended March 31, 2007, compared to $651 million for the same quarter in the prior year. First quarter net income was $24.5 million, or $0.34 per diluted share. In the comparable period of 2006, net income was $26.5 million, or $0.41 per diluted share. Excluding restructuring charges, integration costs, amortization of intangibles and the impact of stock-based compensation costs, the Company would have reported net income of $27.9 million, or $0.39 per diluted share, in the first quarter of 2007. Excluding restructuring charges, the impact of stock-based compensation costs and a tax benefit resulting from the closure of our UK facility, the Company would have reported net income of $24.7 million, or $0.38 per diluted share, in the first quarter of 2006.

"Benchmark Electronics, Inc. continues to have solid performance," said Cary T. Fu, the Company's Chief Executive Officer. "We saw strong booking performance in the first quarter derived from both existing and new customers. Challenges during the first half of 2007 are seen with the softer market conditions and the ongoing customer initiatives focused on reducing inventory levels. However, we have seen excellent growth opportunities with our new bookings and new product initiatives with several customers and are optimistic that we will see steady improvement in business conditions as the year progresses."

First Quarter 2007 Financial Highlights -- Operating margin for the first quarter was 3.6% on a GAAP basis and was 4.2%, excluding restructuring charges, integration costs, amortization of intangibles and the impact of stock-based compensation expense. -- Cash flows provided by operating activities for the first quarter were approximately $95 million. -- Cash and short-term investments balance at March 31, 2007 of $257 million. -- Total debt outstanding of $23 million. -- Accounts receivable balance at March 31, 2007 of $512 million; calculated days sales outstanding were 61 days. -- Inventory of $464 million at March 31, 2007; inventory turns were 6.0 times. Second Quarter 2007 Guidance

Sales for the second quarter of 2007 are expected to be between $740 million and $775 million. Diluted earnings per share for the second quarter, excluding restructuring charges, integration costs, amortization of intangibles and the impact of stock-based compensation expense, are expected to be between $0.36 and $0.41.

Non-GAAP Financial Measures

This press release includes financial measures for earnings and earnings per share that excludes certain items and therefore are not in accordance with generally accepted accounting principles (GAAP). A detailed reconciliation between the GAAP results and results excluding special items (non-GAAP) is included at the end of this press release. By disclosing this non-GAAP information, management intends to provide investors with additional information to further analyze the company's performance and underlying trends. Management utilizes a measure of net income and earnings per share on a non-GAAP basis that excludes certain items to better assess operating performance and to help investors compare our results with our previous guidance.

Non-GAAP information is not necessarily comparable to Non-GAAP information of other companies. Non-GAAP information should not be viewed as a substitute for, or superior to, net income or other data prepared in accordance with GAAP as measures of our profitability or liquidity. Users of this financial information should consider the types of events and transactions for which adjustments have been made.

Forward-Looking Statements

This news release contains certain forward-looking statements within the scope of the Securities Act of 1933 and the Securities Exchange Act of 1934. The words "expect," "estimate," "anticipate," "predict," and similar expressions, and the negatives of such expressions, are intended to identify forward-looking statements. Such forward-looking statements may be deemed to include, among other things, statements, express or implied, concerning: future operating results or the ability to generate sales, income or cash flow; Benchmark's business and growth strategies, including expected internal growth and performance goals; and the anticipated effects of any developments or events on financial results. Although Benchmark believes that these statements are based upon reasonable assumptions, such statements involve risks, uncertainties and assumptions, including but not limited to industry and economic conditions, and customer actions.

All forward-looking statements included in this release are based upon information available to Benchmark as of the date of the release, and Benchmark assumes no obligation to update any such forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Persons are advised to consult further disclosures on related subjects in Benchmark's Form 10-K for the year ended December 31, 2006, in its other filings with the Securities and Exchange Commission and in its press releases.

Additional Information

Benchmark Electronics, Inc. is in the business of manufacturing electronics and provides its services to original equipment manufacturers of computers and related products for business enterprises, medical devices, industrial control equipment, testing and instrumentation products, and telecommunication equipment. Benchmark's global operations include 24 facilities in nine countries. Benchmark's Common Shares trade on the New York Stock Exchange under the symbol BHE.

A conference call hosted by Benchmark management will be held today at 10:00 am (Central time) to discuss the financial results of the Company and its future outlook. This call will be broadcast via the Internet and may be accessed by logging on to our website at http://www.bench.com/.

Benchmark Electronics, Inc. and Subsidiaries Reconciliation of GAAP to Non-GAAP Financial Results Three Months Ended March 31, 2007 and 2006 (Amounts in Thousands, Except Per Share Data) (UNAUDITED) Three Months Ended March 31, 2007 2006 Income from operations (GAAP) $27,448 $26,227 Stock-based compensation 628 486 Restructuring charges and integration costs 3,345 2,769 Amortization of intangibles 447 -- Non-GAAP income from operations $31,868 $29,482 Net income (GAAP) $24,476 $26,522 Stock-based compensation, net of tax 442 372 Restructuring charges and integration costs, net of tax 2,617 2,553 Amortization of intangibles, net of tax 322 -- UK investment tax benefit -- (4,760) Non-GAAP net income $27,857 $24,687 Numerator for basic earnings per share -- net income (GAAP) $24,476 $26,522 Interest expense on convertible debt, net of tax 115 -- Numerator for diluted earnings per share (GAAP) $24,591 $26,522 Earnings per share: (GAAP) Basic $0.34 $0.42 Diluted $0.34 $0.41 Numerator for basic earnings per share -- net income (Non-GAAP) $27,857 $24,687 Interest expense on convertible debt, net of tax 115 -- Numerator for diluted earnings per share (Non-GAAP) $27,972 $24,687 Earnings per share: (Non-GAAP) Basic $0.39 $0.39 Diluted $0.39 $0.38 Weighted average shares used in calculating earnings per share: Basic 71,435 63,601 Diluted 72,465 64,825 Benchmark Electronics, Inc. and Subsidiaries Consolidated Statements of Income (Amounts in Thousands, Except Per Share Data) (UNAUDITED) Three Months Ended March 31, 2007 2006 Net sales $ 752,482 $ 651,244 Cost of sales 697,994 605,878 Gross profit 54,488 45,366 Selling, general and administrative expenses 23,248 16,370 Amortization of intangibles 447 -- Restructuring charges and integration costs 3,345 2,769 Income from operations 27,448 26,227 Other income (expense): Interest expense (811) (86) Other 1,715 1,689 Total other income, net 904 1,603 Income before income taxes 28,352 27,830 Income tax expense 3,876 1,308 Net income $ 24,476 $ 26,522 Numerator for basic earnings per share -- net income $ 24,476 26,522 Interest expense on convertible debt, net of tax 115 -- Numerator for diluted earnings per share $ 24,591 $ 26,522 Denominator for basic earnings per share -- weighted average number of common shares outstanding during the period 71,435 63,601 Incremental common shares attributable to exercise of outstanding equity instruments 1,030 1,224 Denominator for diluted earnings per share 72,465 64,825 Earnings per share: Basic $ 0.34 $ 0.42 Diluted $ 0.34 $ 0.41 Benchmark Electronics, Inc. and Subsidiaries Condensed Consolidated Balance Sheet March 31, 2007 (Amounts in Thousands) (UNAUDITED) Assets Current assets: Cash and cash-equivalents $151,570 Short-term investments 105,660 Accounts receivable, net 512,464 Inventories, net 463,528 Other current assets 91,851 Total current assets 1,325,073 Property, plant and equipment, net 163,073 Other assets, net 28,292 Goodwill, net 297,778 Total assets $1,814,216 Liabilities and Shareholders' Equity Current liabilities: Current installments of long-term debt and capital lease obligations $5,816 Convertible debt 5,000 Accounts payable 416,873 Other current liabilities 111,913 Total current liabilities 539,602 Long-term debt and capital lease obligations, less current installments 12,581 Other long-term liabilities 14,167 Shareholders' equity 1,247,866 Total liabilities and shareholders' equity $1,814,216

Benchmark Electronics, Inc.

CONTACT: Ellen M. Sykora, Investor Relations of Benchmark Electronics,
Inc. +1-979-849-6550

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

Network Enhancement Gives Verizon Wireless Customers in Huber Heights, Ohio, Something to Talk AboutVerizon Wireless Activates New Cell Site in Montgomery County

HUBER HEIGHTS, Ohio, April 24 /PRNewswire/ -- Verizon Wireless, the only major carrier with a 30-day network test-drive pledge that pays for calls if a customer isn't satisfied and switches to another carrier, announced today that it has activated a new cell site in Huber Heights, enhancing in-building coverage and increasing network capacity in portions of the town, including several parks.

The network enhancement enables more Verizon Wireless customers to use their wireless phones to make calls; send and receive email and text, picture and video messages; and download games and ringtones while enjoying clearer reception and fewer dropped calls.

The new cell site increases network capacity and improves in-building coverage from U.S. Route 40 south to Longford Road and from Bellefontaine Road west to Wildcat Road. Verizon Wireless customers visiting Carriage Hill Metropark, Huber Heights Shullgate Park and Gary Sherman and Rushmore city parks also will benefit from these improvements.

"This network enhancement reflects our ongoing commitment to meet the growing needs of our customers and to provide them with the reliable, high quality service they expect from Verizon Wireless," said Roger Tang, president-Ohio/Pennsylvania/West Virginia Region, Verizon Wireless.

Reliable service is fundamental to customer loyalty, and Verizon Wireless boasts the highest customer loyalty in the industry. During the fourth quarter of 2006, only 1.14 percent of its customers disconnected their service, a figure well below the industry average.

"The value we offer our customers is closely tied to our industry-leading customer retention," Tang said. "Wireless consumers today understand that value is not defined by price alone. A major reason our customers choose Verizon Wireless and stay with us is because we offer the nation's most reliable network."

This new cell site in Huber Heights is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Ohio and throughout the country. Verizon Wireless has invested $35 billion in the last seven years-$5 billion on average every year since the company was formed-to increase the coverage and capacity of its national network and to add new services. More than $195 million of this investment was spent in Ohio in 2006.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable wireless voice and data network, serving more than 59 million customers. The largest U.S. wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, N.J., with 65,000 employees nationwide. The company is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). Find more information on the Web at http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

Verizon Wireless

CONTACT: Laura Merritt of Verizon Wireless, +1-614-560-2605,
laura.merritt@verizonwireless.com, or Laura Deaton for Verizon Wireless,
+1-513-271-7222, ldeaton@wordsworthweb.com

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

Tellabs Reports First-Quarter Revenue of $452 Million

NAPERVILLE, Ill., April 24 /PRNewswire-FirstCall/ -- Tellabs today reported first-quarter 2007 revenue of $452 million, down 12% from $515 million in the first quarter of 2006.

Tellabs earned $25 million or 6 cents per share in the first quarter of 2007 on a GAAP basis, down 51% from $52 million or 11 cents per share in the first quarter of 2006. On a non-GAAP basis, Tellabs earned $34 million or 8 cents per share, down 47% from $65 million or 14 cents per share in the first quarter of 2006. Non-GAAP results for first-quarter 2007 exclude pretax charges of $14 million for special items, including $8 million or 1.2 cents per share in equity-based compensation expense.

"Despite industry uncertainties, we are encouraged that Tellabs' new technologies are taking root in service provider networks," said Krish A. Prabhu, Tellabs president and chief executive officer. "These technologies play a key role in evolving our customers' networks for video services."

Broadband - First-quarter revenue from the broadband segment totaled $219 million, down 16% from $260 million in the first quarter of 2006. Within the broadband segment, access revenue fell 26% to $121 million from $164 million in the first quarter of 2006. Managed access revenue fell 7% to $69 million from $74 million a year ago. Data revenue was $29 million, up 32% from $22 million a year ago.

Transport - First-quarter revenue from the transport segment totaled $191 million, down 11% from $214 million in the first quarter of 2006.

Services - First-quarter 2007 services revenue was $42 million, up 3% from $41 million in the first quarter of 2006.

Second-Quarter 2007 Guidance - The following statements are forward- looking statements that are based on current expectations and involve risks and uncertainties, some of which are set forth below. Tellabs expects second- quarter revenue to increase about 10% to 15% from the first quarter of 2007, ranging from about $500 million to $520 million. As part of second-quarter revenue, Tellabs expects to meet the criteria that would enable it to recognize $60 million to $70 million of revenue related to the Tellabs 7100 ROADM product, at essentially a breakeven margin. Excluding revenue from the Tellabs 7100 ROADM product, Tellabs expects the balance of its second-quarter revenue to be flat to down slightly from first-quarter 2007 revenue.

Tellabs expects non-GAAP gross margin on the balance of its second-quarter revenue to be about 40%, plus or minus, depending on product mix; non-GAAP gross margin excludes about $1.4 million in equity-based compensation expense. Tellabs expects non-GAAP operating expense to be flat compared with the first quarter of 2007; non-GAAP operating expense excludes about $6.8 million in equity-based compensation expense.

Share Repurchase - Under previously announced share repurchase programs, Tellabs repurchased 2.4 million shares at a cost of $25.2 million during the first quarter of 2007. Since 2005, Tellabs has repurchased 48.8 million shares at a cost of $490.3 million.

Simultaneous Webcast and Teleconference Replay - Tellabs will host an investor teleconference at 7:30 a.m. Central Daylight Time today to discuss its first-quarter results and provide its outlook for the second quarter of 2007. Internet users can hear a simultaneous webcast of the teleconference at http://www.tellabs.com/; click on the webcast icon. A taped replay of the call will be available beginning at approximately 10:30 a.m. Central Daylight Time today, until 10:30 p.m. Central Daylight Time on Thursday, April 26, at 800- 642-1687. (Outside the United States, call 706-645-9291.) When prompted, enter the Tellabs conference ID number: 4729520. A podcast of the call will be available at http://www.tellabs.com/news/feeds/ later today.

Tellabs advances telecommunications networks to meet the evolving needs of users. Solutions from Tellabs enable service providers to deliver high-quality voice, video and data services over wireline and wireless networks around the world. Ranked among the BusinessWeek InfoTech 100, Tellabs is part of the NASDAQ-100 Index, NASDAQ Global Select Market, Ocean Tomo 300(TM) Patent Index and the S&P 500. http://www.tellabs.com/

Forward-Looking Statements - This news release contains forward-looking statements, including but not limited to the guidance information contained in this release that involve risks and uncertainties. Actual results may differ from the results discussed in the forward-looking statements. Factors that might cause such a difference include, but are not limited to, risks associated with: the competitive landscape, including pricing and margin pressures, the response of customers and competitors, industry consolidation, the introduction of new products, the entrance into new markets, the ability to secure necessary resources, and the economic changes generally impacting the telecommunications industry. The company undertakes no obligation to revise or update these forward-looking statements to reflect events or circumstances after today or to reflect the occurrence of unanticipated events. For a more detailed description of the risk factors, please refer to the company's SEC filings.

Tellabs(R) and Tellabs logo(R) are trademarks of Tellabs or its affiliates in the United States and/or other countries. Any other company or product names mentioned herein may be trademarks of their respective companies.

TELLABS, INC. CONSOLIDATED STATEMENTS OF INCOME (Unaudited) First Quarter 3/30/07 3/31/06 In millions, except per-share data Revenue Products $410.0 $474.1 Services 41.9 40.6 451.9 514.7 Cost of Revenue Products 233.0 242.2 Services 33.0 30.2 266.0 272.4 Gross Profit 185.9 242.3 Gross profit as a percentage of revenue 41.1% 47.1% Gross profit as a percentage of revenue - products 43.2% 48.9% Gross profit as a percentage of revenue - services 21.2% 25.6% Operating Expenses Research and development 84.5 92.9 Sales and marketing 45.8 45.0 General and administrative 26.6 28.1 Intangible asset amortization 5.6 7.0 162.5 173.0 Operating Earnings 23.4 69.3 Other Income Interest income, net 11.8 10.5 Other income, net 0.3 1.4 12.1 11.9 Earnings Before Income Tax 35.5 81.2 Income tax expense (10.0) (28.8) Net Earnings $25.5 $52.4 Net Earnings Per Share Basic $0.06 $0.12 Diluted $0.06 $0.11 Weighted Average Shares Outstanding Basic 438.2 449.6 Diluted 443.2 460.0 TELLABS, INC. CONSOLIDATED BALANCE SHEETS 3/30/07 12/29/06 In millions, except share data Unaudited Assets Current Assets Cash and cash equivalents $149.4 $153.6 Investments in marketable securities 1,152.3 1,146.5 1,301.7 1,300.1 Other marketable securities 269.6 288.6 Accounts receivable, net of allowances of $3.9 and $3.8 368.0 411.0 Inventories Raw materials 37.3 34.5 Work in process 21.4 19.7 Finished goods (includes costs of $53.2 and $28.6 related to deferred revenue) 151.7 112.8 210.4 167.0 Income taxes 14.4 10.7 Miscellaneous receivables and other current assets 53.8 55.2 Total Current Assets 2,217.9 2,232.6 Property, Plant and Equipment Land 20.8 20.8 Buildings and improvements 206.6 205.5 Equipment 417.5 411.2 644.9 637.5 Accumulated depreciation (343.4) (329.6) 301.5 307.9 Goodwill 1,108.3 1,107.4 Intangible Assets, Net of Amortization 83.9 89.6 Other Assets 180.8 184.9 Total Assets $3,892.4 $3,922.4 Liabilities and Stockholders' Equity Current Liabilities Accounts payable $99.6 $119.5 Accrued compensation 43.9 70.7 Restructuring and other charges 7.9 7.8 Income taxes 90.3 97.9 Stock loan 269.6 288.6 Deferred revenue 80.0 55.4 Other accrued liabilities 122.3 122.3 Total Current Liabilities 713.6 762.2 Long-Term Restructuring Liabilities 20.2 22.3 Income Taxes 117.7 128.2 Other Long-Term Liabilities 78.8 71.4 Stockholders' Equity Preferred stock: authorized 5,000,000 shares of $0.01 par value; no shares issued and outstanding -- -- Common stock: authorized 1,000,000,000 shares of $0.01 par value; 489,690,382 and 489,034,812 shares issued 4.9 4.9 Additional paid-in capital 1,408.2 1,395.3 Treasury stock, at cost: 52,338,173 and 49,919,908 shares (624.2) (598.7) Retained earnings 2,073.8 2,042.0 Accumulated other comprehensive income 99.4 94.8 Total Stockholders' Equity 2,962.1 2,938.3 Total Liabilities and Stockholders' Equity $3,892.4 $3,922.4 TELLABS, INC. CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited) First Quarter 3/30/07 3/31/06 In millions Operating Activities Net earnings $25.5 $52.4 Adjustments to reconcile net earnings to net cash provided by operating activities: Depreciation and amortization 23.3 25.6 Stock-based compensation 8.9 15.3 Deferred income taxes 4.3 21.6 Net changes in assets and liabilities: Accounts receivable 44.4 (41.6) Inventories (42.3) (15.2) Miscellaneous receivables and other current assets (3.0) 11.5 Other assets 2.8 (2.4) Accounts payable (21.3) (2.7) Restructuring and other charges (2.0) (2.7) Deferred revenue 24.6 13.0 Other accrued liabilities (28.7) (47.6) Income taxes (10.5) (17.7) Other long-term liabilities 1.5 0.6 Net Cash Provided by Operating Activities 27.5 10.1 Investing Activities Capital expenditures (10.4) (12.9) Disposals of property, plant and equipment 0.4 0.2 Payments for purchases of investments (273.7) (495.3) Proceeds from sales and maturities of investments 270.6 163.2 Net Cash Used for Investing Activities (13.1) (344.8) Financing Activities Proceeds from issuance of common stock under stock plans 4.7 63.8 Repurchase of common stock (25.5) (118.4) Net Cash Used for Financing Activities (20.8) (54.6) Effect of Exchange Rate Changes on Cash 2.2 2.1 Net Decrease in Cash and Cash Equivalents (4.2) (387.2) Cash and Cash Equivalents at Beginning of Year 153.6 880.8 Cash and Cash Equivalents at End of Period $149.4 $493.6 Forward-Looking Statements

This presentation contains forward-looking statements made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect management's expectations, estimates and assumptions, based on the information available at the time the document was prepared. These forward-looking statements include, but are not limited to, statements regarding future events, plans, goals, objectives and expectations. The words "anticipate," "believe," "foreseeable," "estimate," "target," "expect," "predict," "plan," "project," "intend," "likely," "possible," "will," "would," "should," "could," "may," "continue" and similar expressions are intended to identify forward-looking statements.

RESULTS OF OPERATIONS

For the first quarter of 2007, our revenue was $451.9 million, down 12.2% from $514.7 million in the first quarter of 2006. Consolidated gross margin decreased to 41.1% in the first quarter compared with 47.1% in the first quarter of 2006. Operating expenses were $162.5 million in the first quarter of 2007, a decrease of $10.5 million from the first quarter of 2006. Net earnings for the quarter were $25.5 million or $0.06 per share (basic and diluted) compared with $52.4 million or $0.12 per basic share and $0.11 per diluted share in the same period of 2006.

Revenue (in millions) First Quarter 2007 2006 Change Products $410.0 $474.1 ($64.1) Services 41.9 40.6 1.3 Total revenue $451.9 $514.7 ($62.8)

Revenue from products declined 13.5% in the first quarter of 2007 compared with the first quarter of 2006 due primarily to reduced product revenue from a major customer.

Services revenue improved by 3.2% in the first quarter of 2007 compared with the first quarter of 2006 due to higher revenue from both professional services and support services.

On a geographic basis, revenue from customers in North America was $341.4 million in the first quarter of 2007, or 75.5% of total revenue, compared to $411.9 million, or 80.0% of total revenue in the first quarter of 2006. Revenue from customers outside North America was $110.5 million in the first quarter of 2007, or 24.5% of revenue, an increase from $102.8 million, or 20.0% of total revenue in the first quarter of 2006.

Gross Margin First Quarter 2007 2006 % Point Change Products 43.2% 48.9% (5.7%) Services 21.2% 25.6% (4.4%) Consolidated 41.1% 47.1% (6.0%)

Our products margin decreased due to lower prices on our BPON single- family ONT and a product mix weighted toward lower-margin products within the Broadband segment. Our services margin decrease was due to an increase in headcount and related expenses.

Operating Expenses (in millions) Percent of First Quarter Revenue 2007 2006 Change 2007 2006 Research and development $84.5 $92.9 ($8.4) 18.7% 18.0% Sales and marketing 45.8 45.0 0.8 10.1% 8.7% General and administrative 26.6 28.1 (1.5) 5.9% 5.5% Subtotal 156.9 166.0 (9.1) 34.7% 32.3% Intangible asset amortization 5.6 7.0 (1.4) Total operating expenses $162.5 $173.0 ($10.5)

Operating expenses decreased by $10.5 million to $162.5 million in the first quarter of 2007 from $173.0 million in the first quarter of 2006 due primarily to decreased spending in research and development.

Other Income (in millions) First Quarter 2007 2006 Change Interest income, net $11.8 $10.5 $1.3 Other income, net 0.3 1.4 (1.1) Total $12.1 $11.9 $0.2

Interest income, net was higher in the first quarter of 2007 due to larger invested balances and higher interest rates.

Income Taxes

Our effective tax rate was 28.2% for the first quarter of 2007 compared with a rate of 35.5% in the first quarter of 2006. The change in our rate was primarily attributable to the inclusion of a benefit for U.S. research and development credits in the current year and a shift in earnings to lower tax jurisdictions.

Segments Revenue (in millions) First Quarter 2007 2006 Change Broadband $218.7 $259.7 (15.8%) Transport 191.3 214.4 (10.8%) Services 41.9 40.6 3.2% Total revenue $451.9 $514.7 (12.2%) Segment Profit (Loss)* (in millions) First Quarter 2007 2006 Change Broadband ($14.8) $21.4 (169.2%) Transport 110.9 122.8 (9.7%) Services 9.9 11.3 (12.4%) Total segment profit $106.0 $155.5 (31.8%)

*We define segment profit as gross profit less research and development expenses. Segment profit excludes sales and marketing expenses, general and administrative expenses, the amortization of purchased deferred stock compensation and intangibles, and the impact of equity-based compensation (which includes restricted stock and performance stock units granted after June 30, 2006, and stock options).

Broadband Revenue

Revenue from the Broadband segment decreased $41.0 million to $218.7 million in the first quarter of 2007 from $259.7 million in the first quarter of 2006. Within this segment, access revenue decreased in the first quarter by $42.9 million to $121.2 million due to lower revenue from our Fiber-to-the- Curb platform and lower revenue from independent operating companies. Approximately 65% of access revenue came from fiber-based platforms with the balance coming from copper-based platforms. Revenue from our managed access product category declined $5.0 million to $68.7 million in the first quarter of 2007 from $73.7 million for the first quarter of 2006 due to reduced SDH- transport and cable telephony product revenue. Revenue from our data products was $28.8 million in the first quarter of 2007, up 31.5% from $21.9 million in the first quarter of 2006. Growing sales to wireless customers, new customers in global markets, as well as ATM (asynchronous transfer mode) and next-generation Ethernet applications helped drive our data products revenue growth.

Segment Profit (Loss)

For the first quarter of 2007, our Broadband segment produced a loss of $14.8 million compared with a profit of $21.4 million in the first quarter of 2006. The decrease in the quarter was primarily attributable to lower revenue, lower prices on our BPON single-family ONT and a shift in our product mix toward lower-margin products.

Transport Revenue

In 2007, first quarter revenue from our Transport segment decreased $23.1 million to $191.3 million due to reduced revenue from a major wireless customer, offset by strong revenue from other major wireless customers for network build-outs. During the first quarter of 2007, approximately 36% of the Tellabs(R) 5500 wideband cross-connect product revenue was generated from new systems, system expansions and system upgrades. The balance consisted of port-card growth on the installed base. We shipped approximately 2.4 million T-1 equivalents during the first quarter of 2007, continuing to build on our leading position in the North American transport market.

Segment Profit

For the first quarter of 2007, our Transport segment profit decreased by $11.9 million to $110.9 million from $122.8 million in the first quarter of 2006 due to lower revenue.

Services Revenue

Revenue from our Services segment increased $1.3 million to $41.9 million for the first quarter of 2007 from $40.6 million in the first quarter of 2006. The revenue increase reflects growth in our professional services and support services, particularly from our newly launched network consulting services.

Segment Profit

Services segment profit decreased $1.4 million to $9.9 million in the first quarter of 2007 from $11.3 million in the first quarter of 2006. Segment profit decreased in the quarter due to an increase in headcount and related expenses to support future revenue growth.

Financial Condition, Liquidity & Capital Resources

Our principal source of liquidity remained our cash, cash equivalents and marketable securities of $1,301.7 million, which increased by $1.6 million during the quarter. The increase in the first quarter was driven by cash from operating activities of $27.5 million, mostly offset by cash used for the purchase of our common stock. During the first quarter of 2007, we repurchased 2.4 million shares of our common stock at a cost of $25.2 million.

We believe that the current level of working capital, particularly cash and marketable securities, is sufficient to meet our normal operating requirements for the foreseeable future. Further, we believe that sufficient resources exist to support our future growth and strategic needs. Future available sources of working capital include cash-on-hand, cash generated from future operations, short-term or long-term financing, equity offerings or any combination of these sources. Our current policy is to retain our earnings to provide funds to enhance stockholder value by continuing to expand our business, repurchase our common stock and support our operating activities. We do not anticipate paying a cash dividend in the foreseeable future.

TELLABS, INC. NON-GAAP RESULTS OF OPERATIONS (1) (Unaudited) First Quarter 3/30/07 3/31/06 Change In millions, except per-share data Revenue Products $410.0 $474.1 Services 41.9 40.6 451.9 514.7 -12.2% Cost of Revenue Products 232.5 241.7 Services 32.0 29.3 264.5 271.0 Gross Profit 187.4 243.7 -23.1% Gross profit as a percentage of revenue 41.5% 47.3% -12.4% Gross profit as a percentage of revenue - products 43.3% 49.0% -11.7% Gross profit as a percentage of revenue - services 23.6% 27.8% -15.1% Operating Expenses Research and development 81.4 88.2 Sales and marketing 44.2 42.9 General and administrative 24.6 23.5 150.2 154.6 Operating Earnings 37.2 89.1 Other Income Interest income, net 11.8 10.5 Other income, net 0.3 1.4 12.1 11.9 Earnings Before Income Tax 49.3 101.0 Income tax expense (14.8) (35.8) Net Earnings $34.5 $65.2 Net Earnings Per Share Basic $0.08 $0.15 Diluted $0.08 $0.14 Weighted Average Shares Outstanding Basic 438.2 449.6 Diluted 443.2 460.0 (1) In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, Tellabs, Inc. provides non-GAAP results of operations as additional information for its operating results. These measures are not in accordance with, or an alternative for, GAAP and may be different from measures used by other companies. The non-GAAP results of operations eliminate certain items of expenses and losses from cost of revenue, operating expenses and other income. The Company's management believes that this presentation allows investors to evaluate the current operational and financial performance of the Company's core business as an indicator of future operational and financial performance. The Company's management uses these measures for reviewing its financial results and for business planning and performance. Tellabs, Inc.'s management discloses this information externally along with a complete reconciliation of their comparable GAAP amounts, to provide access to the detail and general nature of adjustments made to GAAP financial results. Furthermore, while some of these items have been periodically reported in Tellabs, Inc.'s results of operations, including significant restructuring and other charges, their occurrence in future periods is dependent upon future business and economic factors, among other evaluation criteria, and may frequently be beyond the control of management. See the attached schedule disclosing the adjustments made to the above non-GAAP results of operations. Tellabs, Inc. Reconciliation of Non-GAAP Adjustments (Unaudited) First Quarter 2007 (a) In millions, except per-share data As Reported Adjustments Non-GAAP Cost of Revenue $266.0 $(1.5) $264.5 Gross Profit 185.9 1.5 187.4 Operating Expenses 162.5 (12.3) 150.2 Income Tax Expense (10.0) (4.8) (14.8) Net Earnings $25.5 $9.0 $34.5 Earnings Per Share - Basic $0.06 $0.02 $0.08 Earnings Per Share - Diluted $0.06 $0.02 $0.08 First Quarter 2006 (b) As Reported Adjustments Non-GAAP Cost of Revenue $272.4 $(1.4) $271.0 Gross Profit 242.3 1.4 243.7 Operating Expenses 173.0 (18.4) 154.6 Income Tax Expense (28.8) (7.0) (35.8) Net Earnings $52.4 $12.8 $65.2 Earnings Per Share - Basic $0.12 $0.03 $0.15 Earnings Per Share - Diluted $0.11 $0.03 $0.14 Note: Equity-based compensation expense includes restricted stock and performance stock units granted after June 30, 2006 and stock options. (a) The $1.5 million charge to Cost of Revenue reflects equity- based compensation. The $12.3 million charge to Operating Expenses reflects $6.7 million for equity-based compensation and $5.6 million for amortization of purchased intangible assets. (b) The $1.4 million charge to Cost of Revenue reflects equity- based compensation. The $18.4 million charge to Operating Expenses reflects $9.3 million for equity-based compensation, $7.0 million for amortization of purchased intangible assets and $2.1 million for amortization of deferred compensation related to acquisitions.

Tellabs

CONTACT: Media, George Stenitzer, +1-630-798-3800,
george.stenitzer@tellabs.com, or Investor, Tom Scottino, +1-630-798-3602,
tom.scottino@tellabs.com, both of Tellabs

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

iPhone2 Announces Its Long Awaited Plans to Go BULLETIN BOARD

ALBUQUERQUE, N.M., April 24 /PRNewswire-FirstCall/ -- iPhone2, Inc. (Pink Sheets: IPHE) today announced the company has engaged Financial Filings, Corp. of Irvine California to prepare and file the necessary documents to propel the Company to the BULLETIN BOARD (OTCBB) exchange. The Company is well along in this process, and anticipates completing the filings during May, 2007.

iPhone2, Inc. is an innovative Voice and Video over Internet Protocol communication provider. Our customers are offered affordable ways to communicate globally more economically and effectively via our proprietary VoIP technology. The Company's OfficePhone2.0 is the Next Generation of office phone. OfficePhone2.0 enables small-to-midsized offices to enjoy the benefits and features of a large, expensive PBX without the large, expensive CAPEX and maintenance costs associated with these systems.

"We're extremely excited to announce our plans to become a fully reporting BULLETIN BOARD (OTCBB) company," said John Scafidi, iPhone2's President and CEO. "Our mission and goal are to provide total financial disclosure to our stockholders and ongoing supporters," added Scafidi. "Moving to the OTCBB Exchange will help secure the financing needed to continue with our aggressive growth and acquisition plans."

iPhone2, Inc. http://www.iphone2.com/ (Pink Sheets: IPHE), is a cutting edge innovative Voice and Video over Internet Protocol communication provider offering residential and business customers user friendly and affordable ways to communicate more effectively. Our proprietary ImagePhone allows customers to make and receive unlimited near broadcast quality video calls right from their computer desktop. In addition our customers can also make VERY affordable voice calls worldwide to any telephone using our own VoIP network. ImagePhone was developed to be straightforward and user friendly. OfficePhone2.0 replaces your old fashioned, expensive, complex PBX (or standard telephone service) with economical, reliable, and expandable feature rich IP phones. OfficePhone2.0 operates just like a regular phone, yet allows you to do things your old fashioned office phone could never do.

For more information, please visit http://www.iphone2.com/, or contact the Company at info@iphone2.com or 561 952 0300, x 105.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although iPhone2 believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be correct. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion should not be regarded as a representation by iPhone2 or any other person that the objective and plans of iPhone2 will be achieved.

iPhone2, Inc.

CONTACT: iPhone2, Inc., +1-561-952-0300, ext. 105, info@iphone2.com

Web site: http://www.iphone2.com/

Informatica Announces Integration With HP Neoview Platform

REDWOOD CITY, Calif., April 24 /PRNewswire-FirstCall/ -- Informatica Corporation , a leading provider of data integration solutions, today announced that its data integration platform has become the first specifically certified for HP Neoview, a next generation enterprise-class data warehouse.

As a market leader in data integration and data quality, Informatica's data integration platform will now be able to leverage the affordable performance and scalability of HP Neoview. With Informatica's industry-leading data integration and management products and HP Neoview, customers can consolidate, integrate, manage and analyze key data to better understand their business-critical information.

Informatica is already a key part of HP Oneview, a customer-centric data warehouse solution for the telecommunications industry that enables network and service providers to analyze customer interaction data (voice, IP, video) for customer acquisition, retention, and life time value maximization purposes. Informatica products are also integrated in a financial services solution that enables better management of enterprise risk and compliance. Specifically, the financial services solution utilizes Informatica Data Quality and PowerCenter to help global institutions manage credit, market, and operational risk at an enterprise level. It helps determine risk exposure and complies with regulations such as Basel II, Solvency II, and Sarbanes-Oxley. By using a single-risk intelligence platform, customers can manage exposure while ensuring the highest levels of data quality.

"We're pleased to become the first data integration vendor to pass certification on HP Neoview," said Brian Gentile, chief marketing officer, Informatica Corporation. "We have enjoyed a strong relationship with HP for many years and look forward to continuing that for the expanding benefit of our mutual customers."

"Customers want to mitigate risk, lower cost and drive revenue growth," said Ben Barnes, vice president and general manager, Business Intelligence Group, Software, HP. "The quality of Informatica's product set combined with HP Neoview helps HP deliver thorough business intelligence that ultimately empowers our customers to make more informed decisions with their business information."

About Informatica

Informatica Corporation is a leading provider of enterprise data integration software and services. With Informatica, organizations can gain greater business value by integrating all their information assets from across the enterprise. More than 2,750 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of any complexity and scale. For more information, call 650-385-5000 (1-800-653-9871 in the U.S.), or visit http://www.informatica.com/.

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

Informatica Corporation

CONTACT: Stacey Torman of Informatica Corporation, +1-650-385-5389, or
storman@informatica.com; or Donna Lyon of Text 100, +1-415-593-8462, or
informatica@text100.com, for Informatica Corporation

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

Skadden, Arps Retains Global Crossing to Expand Worldwide IP Virtual Private Network- Expanded worldwide IP VPN supports law firm's growing practice.- 1,800 attorneys in 22 offices rely on Global Crossing's IP VPN network to support their business around the world.

FLORHAM PARK, N.J., April 24 /PRNewswire-FirstCall/ -- Global Crossing , a leading global IP solutions provider, today announced that it is providing Skadden, Arps, one of the world's most prestigious law firms, with a new worldwide IP Virtual Private Network (VPN) to support its growing practice. The contract, signed last year, is a multi-year deal, extending a long-term service relationship between the two companies.

Global Crossing's IP VPN service is available in more than 600 cities in 60 countries on six continents. It provides customers with extensive network coverage to keep remote employees connected to the information they need to successfully conduct business.

"This network solution addresses our strategy to improve the end-user experience, while providing top-level support to clients. With additional bandwidth, increased network performance, security and enhanced features, our legal staff can utilize advanced technologies locally and globally," explained Philip Talamas, head of technology operations, Skadden, Arps. "This fully managed IP VPN also offers us cost savings, security and enhanced features, while providing for future growth."

Global Crossing and Skadden, Arps designed a fully meshed Wide Area Network (WAN) that would seamlessly connect Skadden, Arps' four data centers around the world. The network contains a variety of safeguards that seamlessly route traffic to another center or to a backup provider to ensure a continuous, smooth flow of traffic, even in the event of natural disasters or other unforeseen catastrophic events.

"Skadden, Arps' networking solution was designed with the needs of their 1,800 attorneys in mind -- not just for today, but for tomorrow -- with converged voice services features and functionality ready to use when they need them," said Dan Wagner, Global Crossing's executive vice president for enterprise services. "Whether Skadden, Arps' attorneys are in Moscow, San Francisco or Brussels, they can rely on the same high-quality services and network to support their clients virtually anywhere in the world."

Global Crossing provides enterprises with one of the highest performing and versatile IP VPN solutions, which is transported over the company's secure, privately owned and operated MPLS-based IP backbone. It offers truly global reach, scalable connectivity, greater security, multiple access options and flexible billing options that simplify the customer experience by allowing customers to focus on core business objectives rather than network management.

An IP VPN is the network of choice for a fully managed converged IP solution supporting data, voice, video and multimedia applications over a single IP-based platform. IP VPNs give customers more network control, while lowering total cost of ownership.

About Global Crossing

Global Crossing provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects more than 300 cities in 29 countries worldwide, and delivers services to more than 600 cities in 60 countries and 6 continents around the globe. The company's global sales and support model matches the network footprint and, like the network, delivers a consistent customer experience worldwide.

Global Crossing IP services are global in scale, linking the world's enterprises, governments and carriers with customers, employees and partners worldwide in a secure environment that is ideally suited for IP-based business applications, allowing e-commerce to thrive. The company offers a full range of managed data, voice and security products, to approximately 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs. Its Professional Services and Managed Solutions provide VoIP, security and network consulting and management services to support its Global Crossing IP VPN service and Global Crossing VoIP services. Global Crossing was the first global communications provider with IPv6 natively deployed in its network.

Please visit http://www.globalcrossing.com/ or blogs.globalcrossing.com/ for more information about Global Crossing.

Statements in this press release about expected future events and financial results are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in the company's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this press release or in other public disclosures at any time.

Contact Global Crossing: Press Contact Tisha Kresler + 1 973 937 0155 PR@globalcrossing.com Analysts/Investors Contact Laurinda Pang + 1 800 836 0342 glbc@globalcrossing.com

Global Crossing

CONTACT: Tisha Kresler, +1-973-937-0155, PR@globalcrossing.com, or
Analysts-Investors, Laurinda Pang, +1-800-836-0342, glbc@globalcrossing.com,
both of Global Crossing

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

Mercedes-Benz to Offer SIRIUS Satellite Radio in More Than 80 Percent of Its VehiclesSIRIUS added as standard equipment on S-Class and CLS

MONTVALE, N.J. and NEW YORK, April 24 /PRNewswire-FirstCall/ -- Mercedes- Benz, USA and SIRIUS Satellite Radio today announced that Mercedes-Benz USA (MBUSA) plans to significantly increase the rate at which they install SIRIUS radios in Mercedes-Benz vehicles to more than 80 percent for 2007, with plans to continue building to 90 percent for 2008 and over 90 percent by 2009. The growth in the installation rate far exceeds earlier estimates of 50 percent that were set less than two years ago.

(Logo: http://www.newscom.com/cgi-bin/prnh/19991118/NYTH125 )

The luxury automaker also plans to offer SIRIUS as standard equipment on two additional models this year the S-Class and CLS. The new models will become available with SIRIUS at dealerships later this year. SIRIUS is currently standard in Mercedes-Benz's SL-Class and CL-Class model vehicles, and all AMG and 600 model vehicles.

"Mercedes-Benz customers enjoy SIRIUS' unique radio programming, including commercial-free music, news, information and the best sports programming," said Bernard Glaser, general manager of product management for MBUSA. "It is the perfect complement to the Mercedes-Benz driving experience."

"We are happy to see SIRIUS go standard across so many Mercedes-Benz vehicle models. Mercedes-Benz continues to be a great partner in driving the growth of SIRIUS," said Mel Karmazin, Chief Executive Officer of SIRIUS. "With these increased installation rates, now more Mercedes-Benz drivers will get to experience for themselves The Best Radio on Radio."

Mercedes-Benz continues to offer SIRIUS in its vehicles complete with six months of SIRIUS service.

About SIRIUS

SIRIUS, "The Best Radio on Radio," delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL, NASCAR, NBA and NHL, and broadcasts live play-by- play games of the NFL, NBA and NHL, as well as live NASCAR races. All SIRIUS programming is available for a monthly subscription fee of only $12.95.

SIRIUS Internet Radio (SIR) is a CD-quality, Internet-only version of the SIRIUS radio service, without the use of a radio, for the monthly subscription fee of $12.95. SIR delivers more than 75 channels of talk, entertainment, sports, and 100% commercial free music.

SIRIUS products for the car, truck, home, RV and boat are available in more than 25,000 retail locations, including Best Buy, Circuit City, Crutchfield, Costco, Target, Wal-Mart, Sam's Club, RadioShack and at shop.sirius.com.

SIRIUS radios are offered in vehicles from Audi, Bentley, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, Jeep(R), Land Rover, Lexus, Lincoln, Mercury, Maybach, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Rolls Royce, Scion, Toyota, Volkswagen, and Volvo. Hertz also offers SIRIUS in its rental cars at major locations around the country.

Click on http://www.sirius.com/ to listen to SIRIUS live, or to purchase a SIRIUS radio and subscription.

Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2006 filed with the Securities and Exchange Commission. Among the key factors that have a direct bearing on our operational results are: our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming providers, our competitive position and any events which affect the useful life of our satellites.

About Mercedes-Benz USA

Mercedes-Benz USA, headquartered in Montvale, New Jersey, is responsible for the sales, marketing and service of all Mercedes-Benz and Maybach products in the United States. In 2006, MBUSA achieved an all-time sales record of 248,080 new vehicles, setting the highest sales volume ever in its history and achieving 13 consecutive years of sales growth. More information on MBUSA and its products can be found on the Internet at http://www.mbusa.com/ and http://www.maybachusa.com/ .

O-SIRI Media Contact: Patrick Reilly Rob Moran SIRIUS Mercedes-Benz USA 212 901 6646 201-573-2245 preilly@siriusradio.com robert.moran@mbusa.com Sal Resendez SIRIUS 646 313 2405 sresendez@siriusradio.com

SIRIUS Satellite Radio; Mercedes-Benz, USA

CONTACT: Patrick Reilly, +1-212-901-6646, preilly@siriusradio.com, or Sal
Resendez, +1-646-313-2405, sresendez@siriusradio.com, both of SIRIUS; or Rob
Moran of Mercedes-Benz USA, +1-201-573-2245, robert.moran@mbusa.com

Web site: http://www.sirius.com/
http://www.mbusa.com/

SPO Medical Enhances Its Compact Wrist-Mounted Oximetry System for Pre-Screening of Sleep Apnea SymptomsPulseOx 7500(TM) Now Supported by PROFOX Professional Reporting Software

WOODLAND HILLS, Calif., April 24 /PRNewswire-FirstCall/ -- SPO Medical Inc. (SPOM.PK), a leading developer of biosensor and microprocessor technologies for use in portable monitoring devices, today announced that it is now shipping its commercially available version of the PulseOx 7500(TM) that is supported by the PROFOX Oximetry Software. The PulseOx 7500(TM) is a compact, wrist-mounted oximetry system and is the first affordable home screening device to monitor the vital signs of people experiencing sleep disorder symptoms, such as sleep apnea.

An estimated 18 million persons in the USA and millions elsewhere suffer from sleep apnea, a condition characterized by repeated breathing interruptions during sleep, sometimes numerous times a night. When the brain arouses the person to resume breathing, it disrupts the normal sleep cycle, producing fragmented and poor quality sleep as well as excessive fatigue during the day. Typically, people with sleep disorder symptoms are referred by their primary care physician to third-party sleep clinics where their oxygen saturation and heart rate levels are monitored overnight and, depending on the diagnosis, are prescribed medications or other appropriate medical action.

During 2006, SPO Medical began selling PulseOx 7500(TM) using its patented technology, to enable doctors to monitor patients from the convenience of the patient's home. PulseOx 7500(TM) is a compact, easy-to-use, wrist-mounted unit designed for wearer comfort and flexibility. The device includes a finger-tip sensor which measures oxygen saturation and heart rate, storing the data in the wrist-mounted unit. Data is collected and stored overnight while the wearer sleeps in the comfort of his or her home; the next morning, the data are downloaded by the family care or general practitioner for analysis using sleep apnea reporting software. For an image of the PulseOx 7500(TM) visit http://www.spomedical.com/7500.php.

"We've seen mounting acceptance of the PulseOx 7500(TM) since it enables doctors to study patients' sleeping disorders in the comfort of the patient's home as well as creating a value added revenue stream for general practitioners," stated Michael Braunold, SPO Medical's President and Chief Executive Officer. "Consistent with our approach of using customer feedback to continuously improve our products, we're now releasing a commercial version which is supported by PROFOX. The market requested that the PulseOx 7500(TM) work with commercially readily available software for greater flexibility, and specifically PROFOX Oximetry software which is recognized as the 'gold standard' of professional reporting software. SPO has partnered with PROFOX to offer to general practitioners and others in the health services market the PROFOX software when purchasing the PulseOx 7500. In addition, we've added an automatic on/off capability to minimize operator use and maximize battery life, which, at up to 300 hours, already has the highest longevity in the market. Finally, we've embedded the sensor in a silicon finger boot for ease of use, hygiene, and maximum patient comfort."

"We're proud to have PROFOX Oximetry Software offered as part of the PulseOx 7500's reporting system," said Michael Geddes, General Manager of PROFOX. "Our respiratory oximetry reporting, analysis and management software is the recognized market leader because it provides automatic desaturation event scoring and data analysis, has easy-to-read and easy-to-interpret charts and reports, and offers flexible reporting features for sleep screening and other oxygen related studies. Moreover, it complies with the requirements of most third-party providers, including satisfying the latest Medicare guidelines; a key concern for many health care providers. We look forward to increased adoption of the PulseOx 7500(TM) with our software by both doctors and patients."

About SPO Medical:

SPO Medical (SPOM.PK) a leading developer of biosensor and microprocessor technologies for use in portable monitoring devices to capture life-saving and life-enhancing information within four key markets: medical care; home and remote-care; sports and wellness; and safety and security. Its patented technology uses information gathered from the reflectance of light on the human blood stream, in a non-invasive manner, to monitor key vital signs. The Company distributes its products through a network of distributors and also licenses its technologies to appropriate client corporations for commercialization and distribution. For more information, visit http://www.spomedical.com/

About PROFOX:

PROFOX is an acronym for PROgrams For OXimetry and represents over 20 years of experience in data acquisition and analysis. PROFOX distributes oximetry and capnography software internationally to over 25 countries, develops custom applications for physiologic monitoring and research projects, and is compatible with over 50 different oximeters from 19 manufacturers. As the gold standard in oximetry reporting and analysis, PROFOX provides flexible and easy-to-read reporting for oxygen and prescription studies, ICU monitoring, exercise testing, spot checks and continued justification of supplemental oxygen or respiratory support. For more information, visit http://www.profox.net/

Safe Harbor:

This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, changes in economic conditions generally and the medical devices market specifically, market acceptance of new or upgraded devices that we introduce, changes in technology, legislative or regulatory changes that affect us, the availability of working capital, changes in costs and the availability of goods and services, the introduction of competing products, changes in our operating strategy or development plans, our ability to attract and retain qualified personnel, and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1 of our Annual Report on Form 10-KSB for the fiscal year ended December 31, 2006. We undertake no obligation to revise or update any forward-looking statement for any reason.

SPO Medical Inc.

CONTACT: Michael Braunold, CEO of SPO Medical Inc., +1-818-888-4380,
braunold@spomedical.com; or Media Contact, Jerry Cahn, President of Target 3
Communications, +1-646-827-0009, jerry@target3.com, for SPO Medical Inc.; or
Mike Geddes, General Manager of PROFOX Associates, Inc., +1-760-432-9921,
mike@profox.net

Web site: http://www.spomedical.com/
http://www.profox.net/
http://www.spomedical.com/7500.php

Amerigon Sets Date for 2007 First Quarter Results Release and Conference Call

NORTHVILLE, Mich., April 24 /PRNewswire-FirstCall/ -- Amerigon Incorporated , a leader in developing products based on advanced thermoelectric (TE) technologies for a wide range of global markets and applications, will report its financial results for the first quarter ended March 31, 2007, at 6:00 a.m. Eastern Time on Wednesday, May 2, and will host a conference call at 11:30 a.m. Eastern Time that same day.

Conference Call Toll free dial-in number: 1-888-335-5539 International dial-in number: 1-973-582-2857 Webcast A live webcast and one year archived replay of the call can be accessed on the Events page of the Investor section of Amerigon's website at: http://www.amerigon.com/. About Amerigon

Amerigon develops products based on its advanced, proprietary, efficient thermoelectric (TE) technologies for a wide range of global markets and heating and cooling applications. The Company's current principal product is its proprietary Climate Control Seat(TM) (CCS(TM)) system, a solid-state, TE-based system that permits drivers and passengers of vehicles to individually and actively control the heating and cooling of their respective seats to ensure maximum year-round comfort. CCS, which is the only system of its type on the market today, uses no CFCs or other environmentally sensitive coolants. Amerigon maintains sales and technical support centers in Southern California, Detroit, Japan, Germany and England.

Amerigon Incorporated

CONTACT: Media: Len Hall, +1-949-474-4300, Investors: Jill Bertotti,
jill@allencaron.com, both of Allen & Caron Inc for Amerigon Incorporated

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

Amdocs Survey Finds that Inadequate Operational Support Impacts Time to Market for New ServicesService providers rank integrated OSS/BSS as number one future requirement for OSS

ST. LOUIS, April 24 /PRNewswire-FirstCall/ -- Amdocs , the leading provider of software and services to enable integrated customer management and the intentional customer experience(TM), today released results of a global survey on trends and issues associated with Operations Support Systems (OSS) Transformation and the delivery of new services. Based on the responses of 100 executives from wireline and wireless service providers around the globe, the independent survey concludes that while OSS Transformation is essential for introducing new services, many providers are hindered by the current capabilities of their existing operational systems.

"This survey demonstrates that service providers recognize that OSS Transformation is essential and that providers are taking different approaches. Many providers are choosing an enterprise-wide approach, while others continue to approach OSS Transformation on a service-by-service basis," said Guy Dubois, president of Cramer, Amdocs OSS Division. "As services become more complex, service providers need to ensure that their OSS is equipped to be a catalyst for change, rather than an obstacle to agility and profitability."

The survey revealed that service providers currently face significant operational challenges when attempting to roll-out new services such as Virtual Private Networks (VPN), Internet Protocol Television (IPTV) and Voice over Internet Protocol (VoIP). The systems to support these complex new services are struggling to keep up; 77 percent of service providers stated that legacy systems are unsuitable for meeting the needs of today's customers, and that these systems are not equipped to quickly introduce new services. Additionally, issues such as a lack of visibility into business processes and systems, shortfalls of legacy systems and data management have negative impact on cost, fallout rates and time to market.

Several key themes emerged from the survey:

Speed to market and complexity: The survey concluded that rapid introduction of new services is a key challenge to service providers now and will continue to be over the next two years. Despite the fact that most service providers ranked reducing time to market as a high priority, a mere 34 percent of service providers can introduce new services in less than six months, with most new service introductions ranging from six to eighteen months.

Fallout rates continue to impact margins: Fallout occurs when there is an exception in the service fulfillment process that needs to be processed manually. This can ultimately result in increased costs. Only 18 percent of respondents said that fallout rates were decreasing; 82 percent stated that fallout rates are not moving or are increasing.

Data Accuracy and a single view of the network, service and customer: Of the respondents, 73 percent stated that data is insufficiently available to roll out new services; 56 percent stated that inaccuracy of data is an impediment to rolling out new services. Additionally, more than 70 percent of respondents cited that a single view of the network, service and the customer is a key requirement for OSS.

Future OSS Requirements and OSS Transformation: The survey revealed that the number one OSS requirement over the next two years is the integration of OSS and Business Support Systems (BSS) to create a more holistic and collaborative business. This integration will enable greater agility and customer focus in cross-organizational processes so that a truly intentional customer experience can be delivered. While more than 70 percent of respondents agree that OSS Transformation is essential for new service introduction, only 38 percent of the service providers surveyed said that OSS Transformation is always associated with new service introduction.

The survey queried OSS Directors, Chief Technology Officers and Chief Information Officers from major wireline and wireless providers in the Americas, Western Europe, Eastern Europe, Asia Pacific, Africa and the Middle East and was conducted in January 2007. The survey was independently conducted by Coleman Parkes Research and the findings can be found at http://amdocs.com/news.

About Amdocs

Amdocs combines innovative software and services with deep business knowledge to accelerate implementation of integrated customer management by the world's leading service providers. By delivering a comprehensive portfolio of software and services that spans the customer lifecycle, Amdocs enables service companies to deliver an intentional customer experience(TM), which results in stronger, more profitable customer relationships. Service providers also benefit from a rapid return on investment, lower total cost of ownership and improved operational efficiencies. A global company with revenue of $2.48 billion in fiscal 2006, Amdocs has over 16,000 employees and serves customers in more than 50 countries around the world. For more information, visit Amdocs at http://www.amdocs.com/.

Cramer, Amdocs OSS Division, enables service providers to manage the transformation of their OSS and profit from the convergence of business support systems (BSS) and OSS systems. Service providers benefit from the automation of critical customer-centric processes -- such as fulfilment and assurance -- from the customer to the network, which allows them to accelerate revenues from new service offerings.

Amdocs Forward-Looking Statement

This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business segments it serves, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future, however the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2006, filed on December 13, 2006 and in our quarterly 6-K furnished on February 6, 2007.

Media Contacts: Amdocs Holly Rossetti Cramer, Amdocs OSS Division Tel: + 44 207 266 8473 E-Mail: holly.rossetti@amdocs.com Eleanor Giles Text 100 for Amdocs Tel: + 44 208-846-0739 E-Mail: Eleanor.giles@text100.co.uk Katie Pagliara Access Communications for Amdocs Tel: 1-917-522-3531 E-Mail: kpagliara@accesspr.com

Amdocs

CONTACT: Holly Rossetti, Cramer, Amdocs OSS Division, +44-207-266-8473,
holly.rossetti@amdocs.com; Eleanor Giles, Text 100 for Amdocs, +44-208-846-
0739, Eleanor.giles@text100.co.uk; Katie Pagliara, Access Communications for
Amdocs, +1-917-522-3531, kpagliara@accesspr.com

Web site: http://www.amdocs.com/
http://www.amdocs.com/news

Endocare Sets Date for 2007 First Quarter Results Release and Conference Call

IRVINE, Calif., April 24 /PRNewswire-FirstCall/ -- Endocare, Inc. (BULLETIN BOARD: ENDO) , an innovative medical device company focused on the development of minimally invasive technologies for tissue and tumor ablation, plans to issue a press release announcing its financial results for the first quarter ended March 31, 2007, before the market opens on Thursday, May 3, 2007, and to host a conference call to be webcast live on the Company's website (http://www.endocare.com/investors/webcasts.php) at 11:00 a.m. Eastern Time that same day.

Web participants are encouraged to go to the Company's website (http://www.endocare.com/investors/webcasts.php) at least 15 minutes prior to the start of the call to register, download and install any necessary audio software. The online archived replay will be available immediately following the conference call at http://www.endocare.com/investors/webcasts.php.

About Endocare

Endocare, Inc. (http://www.endocare.com/) is an innovative medical device company focused on the development of minimally invasive technologies for tissue and tumor ablation. Endocare has initially concentrated on developing technologies for the treatment of prostate cancer and believes that its proprietary technologies have broad applications across a number of markets, including the ablation of tumors in the kidney, lung and liver and palliative intervention (treatment of pain associated with metastases).

Investor Contact: Matt Clawson Allen & Caron, Inc. (949) 474-4300 matt@allencaron.com Media Contact: Len Hall Allen & Caron, Inc. (949) 474-4300 len@allencaron.com For Additional Information: Craig T. Davenport, CEO Michael R. Rodriguez, CFO Endocare, Inc. (949) 450-5400

Endocare, Inc.

CONTACT: Investors, Matt Clawson, matt@allencaron.com, or Media, Len
Hall, len@allencaron.com, both of Allen & Caron, Inc., +1-949-474-4300, for
Endocare, Inc.; or Craig T. Davenport, CEO, or Michael R. Rodriguez, CFO, both
of Endocare, Inc., +1-949-450-5400

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

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