Companies news

The University of Chicago Adopts ClariFI's ModelStation into Financial Mathematics Masters ProgramClariFI is a newly acquired business of Standard & Poor's Capital IQ

NEW YORK, June 7 /PRNewswire-FirstCall/ -- ClariFI(TM), a Standard & Poor's Capital IQ business and leading provider of software and services focused on quantitative portfolio management and research, today announced that the University of Chicago has integrated ModelStation(TM) into the core curriculum for students in the Master of Science in Financial Mathematics (MFM) Program.

Integrating ModelStation into the curriculum enables students to apply classroom learning in real market settings, using real industry software. In the course entitled Trading Strategies, students use ModelStation to explore all major aspects of the quantitative investment process and learn first-hand how to develop and implement trading strategies of their own.

"When forming this new curriculum, we wanted to provide students with software that they could easily comprehend and apply to any real market situation, from the most basic to the most advanced," said Niels O. Nygaard, Director of the University of Chicago's MFM Program. "ModelStation represents the state-of-the art in this regard, and we are thrilled to be able to educate students in what has become the industry-standard platform for quantitative research."

"There is an increasingly high demand in the financial industry for people with specialized skills and practical experience," said John Krowas, VP of Client Services for ClariFI. "This course provides students with the resources and training they need to meet these demands and gain a competitive advantage. We have received some very positive feedback from the faculty and students. We look forward to continuing our relationship with the University of Chicago."

About ClariFI and Capital IQ

ClariFI(TM), a Standard & Poor's Capital IQ business, provides software and services focused exclusively on helping quantitative portfolio managers and researchers decrease the time it takes to research, test, and put into production their alpha generating strategies. ClariFI counts four of the top five largest investment managers in the world, hedge funds of all sizes, and proprietary trading desks at leading brokerage firms and banks as its clients. ClariFI's clients experience reduced operational risk, decreased time-to- market for their strategies, and a significant competitive advantage. Additional information about ClariFI can be found at http://www.clarifi.com/.

Capital IQ, a division of Standard & Poor's, provides high-impact information and workflow solutions to over 1,800 leading financial institutions, advisory firms, and corporations. Its solutions are based on the Capital IQ Platform, a unique combination of global private and public capital market data and technology that enables end-users to draw deep market insights, generate better ideas, leverage relationships, and simplify workflow. Clients can deploy the Capital IQ Platform either as a standalone solution or seamlessly integrate its components into existing business applications and portals via systems integration and data feeds. For more information, please visit Capital IQ's web site at http://www.capitaliq.com/. Standard & Poor's is a division of the McGraw-Hill Companies .

About the University of Chicago's Graduate Program

The University of Chicago's innovative one-year Master of Science in Financial Mathematics Program pioneered the integration of theoretical applied math and practical applications of pricing derivatives and managing financial assets. With professors from the University's distinguished Departments of Mathematics, Statistics and Economics, as well as experienced financial industry professionals, the Program's curriculum provides an exceptional understanding of the underlying assumptions of various financial models, enabling students to critically ascertain applicability and limitations. For further information, visit http://www-finmath.uchicago.edu/.

Standard & Poor's

CONTACT: Eric Soderberg of ClariFI, +1-617-314-6938,
esoderberg@clarifi.com; or Michael Privitera of Standard & Poor's,
+1-212-438-6679, Michael_Privitera@standardandpoors.com

Web site: http://www.standardandpoors.com/
http://www.clarifi.com/
http://www.capitaliq.com/
http://www-finmath.uchicago.edu/

eWorldCompanies, Inc. Announces Agreement with 4-Platinum.com, Inc. to Provide Live Streaming Video Entertainment Via Boomerang Media Station

LOS ANGELES, June 7 /PRNewswire-FirstCall/ -- eWorldCompanies, Inc. (Pink Sheets: EWDC) announced today that its wholly owned subsidiary eWorld Entertainment, Inc. (eWorlde) has entered into an agreement with 4-Platinum.com, Inc. to provide live streaming entertainment and educational programming through eWorld's Boomerang Media Station. Under the terms of the agreement, 4-Platinum will install its LCE Encoder "Black Box" live streaming video technology as needed for eWorld-sponsored Events and projects, eWorld will provide the online advertising content, and both companies will co-produce the programs and participate in revenue sharing for all income received. Initial projects will include live streaming of exclusive musical events sponsored by eWorld and its strategic partners, including premium concerts and events for select charities and non-profit organizations featuring leading celebrities, as well as eWorld's in-house presentations, trainings and corporate events.

The parties have also agreed to a series of cross-promotions in which eWorld will create advertising content and promote 4-Platinum through its Boomerang Media Station, and 4-Platinum will actively promote eWorld Entertainment and the Boomerang Media Station through its online and print publications and company functions.

4-Platinum has developed exclusive technology that can be utilized at virtually any location to create concert quality streaming video and audio in a form that can be broadcast live via the Internet, thereby delivering to its users a real-time, be-there-now, concert-type experience. eWorld's Boomerang Media Station(R) is a free software program that is unique in its ability to stream rich media within the actual application. Boomerang functions as an online entertainment guide while providing one-click access to the Internet's best sites for music, movies, celebrities, games, sports and entertainment news and other experiences and convenience benefits. Boomerang "brings the Internet to life" with colorful moving images, animation, 3D Graphics, music, and voice, and also allows the user to instantly access all major search engines, communicate with friends, family or business associates, watch the latest movie trailers, demo the newest DVD and music releases, stay abreast of late-breaking news and sports scores, access their own private personal or business networks, and more, all without leaving the website he or she is currently visiting.

Commentary

In response to this announcement, Henning Morales, CEO and President of eWorldCompanies, Inc. commented, "We believe that our agreement with 4-Platinum to provide live streaming content via the Boomerang Media Station is a perfect marriage of two of the Internet's top cutting edge technologies. eWorld Entertainment's primary goal is to provide a simple and comprehensive guide and a one-click single-source access to all the top entertainment sites on the world wide web, as well as original and exclusive programming that they won't find anywhere else. This agreement moves us a giant step in that direction by increasing the value and usefulness of the Boomerang Media Station both for eWorld Entertainment users and for our strategic partners, who will also have access to this technology."

About eWorldCompanies, Inc.

eWorldCompanies, Inc. is an online marketing & advertising technologies company that develops and markets cutting edge technologies using rich media, flash, animation and 3D graphics to help individuals and businesses market and advertise on the Internet. eWorldCompanies, Inc. markets and distributes these technologies through its wholly-owned subsidiary eWorld Entertainment, Inc. (eWorlde) and its International network of Affiliates, users and strategic partners. eWorld's unique and patented Boomerang Media Station(R), named for its ability to return to the user's screen no matter what web site you visit, is a free software program that streams rich media within the actual application and remains ever-present as the user browses the Internet, offering the user one-click access to limitless entertainment experiences and convenience benefits. eWorld's WALRUS(R) system, which is downloaded along with Boomerang, continues to work in the background to provide assistance as the user searches, surfs or shops the Net, suggesting relevant topics, products and services based on the each user's browsing and searching habits. The Company's revenue model consists seven components: (1) Affiliation Fees; (2) Affiliate Monthly Subscriptions; (3) Affiliate Benefit Subscriptions; (4) Product Sales; (5) Advertising Revenues; (6) Web Development Accounts; and (7) International Licensing Fees.

For more information visit http://www.eworldcompanies.com/ and/or http://www.eworlde.com/ or call (310) 471-7674.

Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.

eWorldCompanies, Inc.

CONTACT: Henning Morales, CEO and President of eWorldCompanies, Inc.,
+1-310-471-7674

Web site: http://www.eworldcompanies.com/
http://www.eworlde.com/

Wireless Fund (Nasdaq: WIREX) Goes Global

SAN DIEGO, June 7 /PRNewswire-FirstCall/ -- Warren Buffett, the so called Oracle of Omaha, has ranked as the second richest man in the world just behind Bill Gates until just recently. On March 29, 2007 Carlos Slim Helu moved past Buffett and could be the richest man in the world in the near future. Carlos Slim Helu, who goes by Carlos Slim, is the controlling shareholder of America Movil. America Movil's recent quarterly results confirm that the company is capable of capturing untapped growth in its markets and potentially moving Carlos Slim past Bill Gates as the richest man in the world.

Wireless Fund -- For the Period Ended March 31, 2007

The Radiotelephone Communications sector represented the largest percentage of the Fund at 21.65%. NII Holdings Inc. and Golden Telecom Inc. were the two largest holdings in the Radiotelephone Communications sector. NII Holdings Inc. represented 6.08% of the Fund and Golden Telecom Inc. represented 5.09% of the Fund. NII Holdings, Inc., through its subsidiaries, provides digital wireless communication services primarily for business customers in Latin America. Golden Telecom Inc., together with its subsidiaries, provides integrated telecommunication and Internet services in Russia and other countries of the Commonwealth of Independent States.

The Telephone Communications sector represented the second largest percentage of the portfolio at 17.65%. China Mobile Limited and America Movil were the two largest holdings in the sector. China Mobile Limited through its subsidiaries, the largest holding in the Fund at 7.00%, provides mobile telecommunication and related services in Mainland China and Hong Kong. As of December 31, 2006, China Mobile served approximately 301 million subscribers. America Movil was the second largest holding in the Fund at 6.58%. America Movil, through its subsidiaries, provides wireless communication services primarily in Latin America.

More information on the wireless revolution can be found at http://www.wireless-fund.com/.

Investors should consider the investment objective, risks, and charges and expenses of the Fund carefully before investing. The Fund's prospectus contains this and other information about the Fund and is available at http://www.wireless-fund.com/ or upon request by calling 1-800-590-0898. Please obtain and carefully read the prospectus before investing.

Wireless Fund

CONTACT: Jeff Provence of Wireless Fund, +1-619-588-9700

Web site: http://www.wireless-fund.com/

Sirit Selected for US$10.6M Renewal Toll Contract

TORONTO, June 7 /PRNewswire-FirstCall/ -- Sirit Inc. (TSX: SI), a leading provider of radio frequency identification (RFID) technology, announced today that it has been notified of the intent to award a contract worth approximately US$10.6 million over three years from the Transportation Corridor Agencies ("TCA") in Southern California. Upon Board approval, Sirit will enter into an agreement to supply its Title 21-based RFID transponders following the completion of the existing contract. Sirit anticipates the new contract to be approved on or about June 14, 2007 with shipments to begin in July 2007.

"Sirit is proud to be the successful bidder for this contract and to continue our strong partnership in supplying our RFID toll technology to TCA," commented John Freund, Vice President, AVI Solutions, Sirit Inc. "Sirit continues to be the only Company in North America to offer toll solutions based solely on an open standard which compels us as an organization to compete every day by providing best in class technology, pricing and service to our customers."

"Sirit continues to be an important partner to the success and growth of TCA's toll system in Southern California," stated David Armijo, Chief Toll Operations Officer, Transportation Corridor Agencies. "A key aspect to Sirit's successful bid was their track record in providing TCA with cost competitive products and superior customer service. We look forward to extending our 10 year relationship with this industry leader."

About Sirit Inc.

Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency Identification (RFID) solutions worldwide. Harnessing the power of Sirit's enabling-RFID technology, customers are able to more rapidly bring high quality RFID solutions to the market with reduced initial engineering costs. Sirit's products are built on more than 13 years of RF domain expertise addressing multiple frequencies (LF/HF/UHF), multiple protocols and are compliant with global standards. Sirit's broad portfolio of products and capabilities are easily customized to address new and traditional contactless market applications including Near Field Communication, Supply Chain & Logistics, Cashless Payment (including Electronic Tolling), Access Control, Automatic Vehicle Identification, Inventory Control & Management, Asset Tracking and Product Authentication.

Cautionary Note Regarding Forward Looking Statements

Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Sirit to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting Sirit's business which are discussed in the section entitled "Description of the Business - Risks Factors" in Sirit's Annual Information Form dated March 16, 2006 as filed with the securities regulatory authorities in Canada via SEDAR. Although Sirit has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended.

"Sirit", the Sirit Design and "vision beyond sight" are all trademarks of Sirit Inc. All other names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Sirit Inc.

CONTACT: Media Inquiries: Lorelei L. Luchkiw, Sirit Inc., (416) 367-1897
x249, lluchkiw@sirit.com

Advanced Anti-Radiation Guided Missile (AARGM) Achieves Major MilestoneFIRST AARGM DEVELOPMENTAL LIVE FIRING SUCCESSFULLY DEMONSTRATES PRECISION LONG RANGE TIME CRITICAL STRIKE CAPABILITY

MINNEAPOLIS, June 7 /PRNewswire-FirstCall/ -- Alliant Techsystems , the U.S. Navy team of PMA-242, the Naval Air Warfare Center Weapons Division -- China Lake, and the Italian Air Force recently conducted the first Developmental Test (DT) firing of an Advanced Anti-Radiation Guided Missile (AARGM) from an F/A-18 aircraft on the China Lake test ranges on 25 May 2007.

The test firing confirmed the effective integration of AARGM with the F/A-18 aircraft and the continued progress of fielding a long-range, precision strike capability against a wide array of time critical targets. The missile successfully achieved safe separation from the aircraft, navigated over an extended range to the designated target location, and guided to a direct hit. The successful flight test met all test objectives.

"This was the most significant test in the history of the AARGM program," said Dave Wise, Vice President and General Manager, ATK Advanced Weapons. "Not only did the AARGM missile score a direct hit, it demonstrated how ATK's design offers the war planner affordable, stand-off time sensitive strike capability."

"The entire international AARGM team is very pleased with the results of today's successful test," said CAPT Larry Egbert, the Department of Defense program manager for HARM and AARGM programs, "This event marks a major milestone in the AARGM SD&D program and demonstrates the positive results that a true international cooperative effort can yield. This successful test demonstrates the viability of an affordable Destruction of Enemy Air Defenses (DEAD) capability for U.S., Italian, and potentially other Allied Air Forces through the upgrade of legacy AGM-88 weapons."

The recent test was the first Developmental Test firing of the AARGM System Development and Demonstration (SD&D) phase and continues the tradition of success established with the Quick Bolt Advanced Concept Technology Demonstration (ACTD) and AARGM Advanced Technology Demonstration (ATD) phases of the program. During those tests, AARGM achieved seven successful test flights. The AARGM program plans a series of additional launches during the SD&D phase. ATK expects to begin Low Rate Initial Production in FY08. When fielded in FY09, it will be the only extended range tactical supersonic strike weapon in US and Italian inventory.

In addition to demonstrating long-range, supersonic, GPS precision strike capability and maturity; the test also demonstrated AARGM's compatibility with ATK's Common Munitions Built-in-test/Reprogramming Equipment (CMBRE), as well as the Joint Mission Planning System (JMPS) and AWM-103. The test also demonstrated AARGM's compatibility with the F/A-18C/D 21X Software Configuration Set, and the successful integration of AARGM hardware and software with legacy AGM-88 High-Speed Anti-Radiation Missile (HARM) components.

AARGM is a supersonic, air-launched tactical missile that will be integrated on the F/A-18 C/D, F/A-18 E/F, EA-18G and Tornado IDS/ECR aircraft. The missile is also being designed to be compatible with the EA-6B and U.S. and Allied F-16 aircraft. Its advanced multi-sensor system, including a Millimeter Wave (MMW) terminal seeker, advanced digital Anti-Radiation Homing (ARH) receiver and a GPS/INS, is capable of rapidly engaging traditional and advanced enemy air defense targets as well as non-radar time-sensitive strike targets. The AARGM MMW seeker can operate in concert with the ARH to counter RF shutdown tactics or in a stand-alone mode to discriminate non-emitting time sensitive targets. AARGM is a network-enabled weapon that directly receives tactical intelligence information via an embedded data link and provides near real-time Weapon Impact Assessment (WIA) reports. AARGM, the successor to the U.S. Navy AGM-88 HARM system, is a U.S. and Italian international cooperative major acquisition program with the U.S. Navy as the executive agent.

ATK is a $3.8 billion advanced weapon and space systems company employing approximately 15,500 people in 21 states. News and information can be found on the Internet at http://www.atk.com/.

Certain information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Although ATK believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those factors are: the challenges of developing next-generation supersonic missile systems, changes in governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; the terms and timing of awards and contracts; and economic conditions. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, please refer to ATK's most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the U.S. Securities and Exchange Commission.

Media Contact: Investor Contact: Bryce Hallowell Steve Wold Phone: 952-351-3087 Phone: 952-351-3056 E-mail: bryce.hallowell@atk.com E-mail: steve.wold@atk.com

ATK

CONTACT: Media, Bryce Hallowell, +1-952-351-3087,
bryce.hallowell@atk.com, or Investors, Steve Wold, +1-952-351-3056,
steve.wold@atk.com, both of ATK

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

Sybase Customers and Partners in the Spotlight as 2007 ComputerWorld Honors Laureates

Program Recognizes Organizations and Institutions That Are Leading the Global

Information Technology Revolution.

DUBLIN, Calif., June 7 /PRNewswire-FirstCall/ Sybase, Inc. , a leading provider of enterprise infrastructure and wireless software, today announced that 21 technology customers and partners were named 2007 Computerworld Honors Laureates and received a Medal of Achievement. Sybase(R) Laureates from around the world have been recognized as leaders of innovation in ten categories profiled by the program.

"Each year, the Computerworld Honors Program seeks to recognize organizations, from a variety of sectors, for their ongoing efforts to utilize technology in order to benefit society," said Ron Milton, chairman, Board of Trustees, Computerworld Information Technology Awards Foundation and executive vice president, Computerworld. "We are proud to provide a platform to publicly acknowledge these contributions."

The technology achievements honored by this program are preserved and protected in national archives, and in more than 350 universities, museums and research institutions throughout the world. Sybase Laureates submitted case studies detailing extraordinary solutions utilizing Sybase technology in each of the following categories: business and related services; education; environment, energy and agriculture; finance, insurance and real estate; government; healthcare; manufacturing; media, arts and entertainment; non- profit organizations; and transportation. Additional information about the program and a global archive of past Laureate case studies and oral histories can be found at the Computerworld Honors website: http://www.cwhonors.org/.

"Each Laureate selected for this honor understands the importance of using one's resources and technical prowess to benefit one's fellow man," said Bob Carrigan, chairman, Computerworld Honors Program Chairmen's Committee and president, IDG Communications.

The following Sybase customers and partners were commemorated during the 19th Annual Laureates Medal Ceremony & Gala Awards Evening on June 4, 2007 at the Andrew W. Mellon Auditorium in Washington, D.C. Sybase is proud to announce four finalists for the Computerworld Honors 21st Century Achievement Award from among 21 Laureates:

1. Administrative Office of Pennsylvania Courts (AOPC), Pennsylvania 2. American Physicians Insurance Company, Texas 3. Bosch Security Projects, Netherlands 4. Bridge Mobile Alliance, Singapore (Finalist) 5. Bulgarian National Electric, Bulgaria (Finalist) 6. Colonial Supplemental Insurance, South Carolina 7. Cox Communications, Inc., Georgia 8. Grant Thornton, LLP, Illinois 9. Hong Kong Housing Society, Hong Kong 10. ICPA, Inc., Texas 11. Internal Revenue Service, Washington, D.C. 12. LoanPerformance, California 13. Ministry of Health, Brazil (Finalist) 14. Passport Canada, Canada 15. Raytheon Company, Massachusetts 16. Russian Economic Academy, Russia 17. Simbex, LLC, New Hampshire (Finalist) 18. State of Michigan, Michigan 19. Ten Thousand Villages, Canada 20. TrialStat Corporation, Canada 21. TXT4 LTD, England

Sybase is honored to be a part of providing the innovative technology solutions recognized through the Laureates above. To learn more about partnering with Sybase, please go to http://www.sybase.com/partner.

About Sybase, Inc.

Sybase is the largest global enterprise software company exclusively focused on managing and mobilizing information from the data center to the point of action. Sybase provides open, cross-platform solutions that securely deliver information anytime, anywhere, enabling customers to create an information edge. The world's most critical data in commerce, finance, government, healthcare, and defense runs on Sybase. For more information, visit the Sybase Web site: http://www.sybase.com/.

Sybase is a registered trademark of Sybase, Inc. All other company and product names mentioned may be trademarks of the respective companies with which they are associated.

Special Note: Statements concerning Sybase's future growth, prospects and new product releases are, by nature, forward-looking statements that involve a number of uncertainties and risks, and cannot be guaranteed. The words "anticipate," "believe," "estimate," "expect," "intend," "will" and similar expressions relating to Sybase and its management may identify forward-looking statements. Such statements are intended to reflect Sybase's current views with respect to future events and may ultimately prove to be incorrect or false. Factors that could cause actual events or results to differ materially include shifts in customer demand, rapid technology changes, competitive factors and unanticipated delays in scheduled product availability. These and other risks are detailed from time to time in Sybase's Securities and Exchange Commission filings, including, but not limited to, its annual report on Form 10-K and its quarterly reports on Form 10-Q (copies of which can be viewed on Sybase's Web site).

Sybase, Inc.

CONTACT: Lorna Fernandes of Sybase, Inc., +1-925-236-4107,
lorna.fernandes@sybase.com, or Crystal King of Sybase iAnywhere,
+1-978-287-1524, crystal.king@ianywhere.com

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

Mercury Computer Systems and P.A. Semi Collaborate to Bring PWRficient Processor to Signal and Image Processing ApplicationsMercury to expand breadth of multicore offerings for up to 300% improvement in performance per Watt for industrial and military systems

CHELMSFORD, Mass. and SANTA CLARA, Calif., June 7 /PRNewswire-FirstCall/ -- Mercury Computer Systems, Inc. , a leading provider of computing solutions for data-intensive applications, and P.A. Semi, Inc., a fabless semiconductor company delivering high-performance, low-power processors, today announced a collaboration to deploy the dual-core PA6T-1682M PWRficient(TM) processor as part of multicomputer product offerings from Mercury.

"Processor power consumption becomes a larger challenge every year, particularly in the high-performance class," said Craig Lund, Chief Technology Officer for Mercury Computer Systems. "What's most important to many of our signal and image processing customers is GFLOPS per Watt. We have assessed every available option, and P.A. Semi's PWRficient processor is the clear leader for many of these applications. The power-efficient design enables us to load the system with multiple processors per board without resorting to exotic cooling technology."

Mercury systems are often deployed in industrial and military settings that require careful management of power and heat. At the same time, customers strive to extract every ounce of performance in these tough environments. By incorporating the high-performance PWRficient processor into its system designs, Mercury systems will take advantage of a processor performance per Watt increase of up to 300% over alternative solutions.

"Mercury is well suited to deploy this highly optimized processor in complex multicomputer environments. As the leading supplier of image and signal processing equipment based on multicomputers, Mercury's selection of P.A. Semi combines its system-level expertise with our leading PWRficient processors, strongly reinforcing our position that P.A. Semi represents the highest performance-per-watt solution currently available for embedded computing applications," said Dan Dobberpuhl, C.E.O., P.A. Semi.

Mercury has selected the PWRficient processor for designs currently underway for next-generation products in all four PowerStream(R) product lines. These product lines represent multiple form factors that include 6U VXS, 3U and 6U VPX-REDI, and larger form-factor systems. Mercury is also making available an early development board in the VXS form factor with PMC/XMC I/O for application developers.

For more information on the PWRficient processor, visit P.A. Semi at http://www.pasemi.com/. Visit http://www.mc.com/PAsemi or contact Mercury at (866) 627-6951 for more information on Mercury's PWRficient multicore-based offerings. Mercury and P.A. Semi will host a webcast on "Power-Efficient Multicore Processors for High-Performance Embedded Applications" on June 28 at 2:00 PM EST. Visit http://www.mc.com/mediacenter to register for the webcast.

About P.A. Semi, Inc.

P.A. Semi develops and delivers the groundbreaking PWRficient(TM) processor family, the world's most power-efficient high-performance processors ever designed. The PWRficient processor family, based on the Power Architecture(TM) technology, targets the multibillion- dollar high-performance embedded-computing market and is supported by a comprehensive ecosystem of software tools, application software, operating systems and ODM hardware. The company has headquarters in Santa Clara, Calif., with a design and sales center in Wellesley, Mass. For more information, please visit http://www.pasemi.com/.

Mercury Computer Systems, Inc. - Where Challenges Drive Innovation

Mercury Computer Systems is the leading provider of computing systems and software for data-intensive applications that include image processing, signal processing, and visualization. With a strong commitment to innovation, our expertise in algorithm optimization, systems development, and silicon design is blended with software application knowledge and industry-standard technologies to solve unique computing challenges. We work closely with our customers to architect solutions that have a meaningful impact on everyday life: detecting aneurysms; designing safer, more fuel-efficient aircraft; identifying security threats; discovering oil; developing new drugs; and visualizing virtually every aspect of scientific investigation.

Mercury's comprehensive, purpose-built solutions capture, process, and present data for the world's largest medical imaging companies, 8 of the 10 top defense prime contractors, and other leading Fortune 500 and mid-market companies in semiconductor, energy, telecommunications, and other industries. Our dedication to performance excellence and collaborative innovation continues a 24-year history in enabling customers to stay at the forefront of the markets they serve.

Mercury is based in Chelmsford, Massachusetts and serves customers worldwide through a broad network of direct sales offices, subsidiaries, and distributors. We are listed on the Nasdaq National Market . Visit Mercury at http://www.mc.com/.

Forward-Looking Safe Harbor Statement

This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the collaboration between Mercury Computer Systems, Inc. and P.A. Semi, Inc. to deploy the dual-core PA6T-1682M PWRficient processor into multicomputer product offerings from Mercury, and the resulting products thereof. You can identify these statements by our use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geo-political unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, continued funding of defense programs, the timing of such funding, changes in the U.S. Government's interpretation of federal procurement rules and regulations, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, and difficulties in retaining key customers. These risks and uncertainties also include such additional risk factors as are discussed in the Company's recent filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2006. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

Contacts: Richard Jaenicke Tara Sims Technology Integration Director Director of Communications Mercury Computer Systems, Inc. P.A. Semi 978-967-1727 / rjaenicke@mc.com 408.200.4672 / tara@pasemi.com Kathy Sniezek Public Relations Manager Mercury Computer Systems, Inc. 978-967-1126 / ksniezek@mc.com

The P.A. Semi and PWRficient names and logos, and combinations thereof, are trademarks of P.A. Semi Inc. MultiCore Plus is a trademark and PowerStream is a registered trademark of Mercury Computer Systems, Inc. All other third- party trademarks, trade names or service marks are the property of their respective owners.

Photo: http://www.newscom.com/cgi-bin/prnh/20030930/MERCURYCSLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com Mercury Computer Systems, Inc.

CONTACT: Richard Jaenicke, Technology Integration Director,
+1-978-967-1727, rjaenicke@mc.com, or Kathy Sniezek, Public Relations Manager,
+1-978-967-1126, ksniezek@mc.com, both of Mercury Computer Systems, Inc.; or
Tara Sims, Director of Communications of P.A. Semi, +1-408-200-4672,
tara@pasemi.com

Web site: http://www.mc.com/
http://www.mc.com/PAsemi
http://www.mc.com/mediacenter
http://www.pasemi.com/

WebMD Teams with CDC to Offer Online Continuing Medical Education Program on Breast Cancer DetectionCertified Course is Part of Joint Initiative to Inform Clinicians of Updated Evidence, Protocols, and Guidelines in the Detection and Treatment of Breast Cancer

NEW YORK, June 7 /PRNewswire-FirstCall/ -- WebMD has teamed with the Centers for Disease Control and Prevention (CDC) to educate clinicians on providing appropriate and timely care to women with early signs of breast cancer. In collaboration with Medscape from WebMD (http://www.medscape.com/), the leading provider of online medical information and education for physicians and other healthcare professionals, the CDC has developed an online continuing medical education (CME) program called "Follow Up of Abnormal Clinical and Imaging Findings of the Breast: Five Self-Study Modules for Primary Care Clinicians."

The program has been endorsed by the American College of Obstetricians and Gynecologists (ACOG), which will promote the activities among its membership base of more than 50,000 physicians and other healthcare providers.

The curriculum was developed to train physicians on the latest evidence, protocols and guidelines around detecting breast cancer. Available to registered Medscape members at http://www.medscape.com/editorial/public/breastcancer-cdc, the activity consists of five modules:

1. Breast Anatomy, Physiology, and Pathology, 2. Health History and Clinical Breast Examination, 3. Workup of Abnormal Clinical Findings, 4. Follow up of Abnormal Imaging Findings: Biopsy Methods, and 5. Risk Management.

The format of the modules is designed to promote self-study and to be updated regularly in order to reflect new clinical research and advances in technology.

Breast cancer is the most common cancer to occur among women in the United States, and 13.2% of all U.S. women are expected to develop this malignancy in their lifetime.(1) The online CME activity developed by Medscape, the CDC, ACOG, and in consultation with the U.S. Food and Drug Administration will help health professionals better understand different approaches to early breast cancer detection, as well as provide the opportunity to earn CME credits.

"The challenge for primary care physicians is to optimize detection and management of early breast cancer," said Eddie Reed, MD, director of CDC's Division of Cancer Prevention and Control. "In order to do this, physicians must stay current with an ever-growing body of clinical evidence, methods, and procedures. We believe that this CME program will provide critical help to physicians and enable them to keep on top of new and potentially life-saving information."

"The breast cancer modules review the latest knowledge and research on the presentation and management of abnormal findings of the breast, with particular emphasis on assessment and early diagnosis," said Ralph W. Hale, MD, Executive Vice President, ACOG. "This hands-on clinical information will be very valuable to ACOG's more than 50,000 members who provide health care to women."

"As the leader in online CME, Medscape is committed to helping medical professionals improve their skills and augment their knowledge in order to provide the best care for patients," said Steve Zatz, MD, EVP, Professional Services, WebMD. "We are very pleased to partner with the CDC and ACOG to offer such an important CME program that will improve the ability of physicians to detect and investigate early signs of breast cancer in their patients."

"Follow Up of Abnormal Clinical and Imaging Findings of the Breast" is authored and edited by: Helen Barr, MD; Mary Dolan, MD, FACOG; Captain Joseph Kaczmarczyk, DO, MPH, FACOOG; Mary F. Mitchell, BA; Judy Hannan, RN, MPH; Captain Herschel Lawson, MD, FACOG; Captain Susan Lockhart, PhD; Nancy Dunn, RN, MS. Editors: Darlene Field, PhD, Contributing Editor, Peggy Keen, PhD, Editorial Director, Medscape Women's Health, Ursula Snyder, PhD, Contributing Editor.

About WebMD

WebMD Health Corp. is the leading provider of health information services, serving consumers, physicians, healthcare professionals, employers and health plans through our public and private online portals and health-focused publications. WebMD Health Corp. is a subsidiary of HLTH Corporation .

The WebMD Health Network reaches more than 40 million visitors a month through its leading owned and operated health sites that include WebMD Health, Medscape, MedicineNet, eMedicine, eMedicine Health, RxList and theHeart.org.

(1) Ries LAG, Eisner MP, Kosary CL, et al. (eds). SEER Cancer Statistics Review, 1975-2002, National Cancer Institute. Bethesda, Md.

WebMD

CONTACT: Investors, Risa Fisher, +1-212-624-3817, rfisher@webmd.net, or
Media, Jennifer Newman, +1-212-624-3912, jnewman@webmd.net, both of WebMD

Web site: http://www.webmd.com/
http://www.medscape.com/

Savi Technology Names Ron Nakamoto as CEO

MOUNTAIN VIEW, Calif., June 7 /PRNewswire-FirstCall/ -- Savi Technology, Inc., a wholly owned subsidiary of Lockheed Martin , today announced Ron Nakamoto as chief executive officer. Nakamoto, who previously served as chief operating officer of Savi Technology, Inc., has more than 30 years of experience, eight of them with Lockheed Martin, in a wide range of technical, operational and executive assignments.

(Photo: http://www.newscom.com/cgi-bin/prnh/20070607/AQTH065) (Logo: http://www.newscom.com/cgi-bin/prnh/20060629/SFTH024LOGO)

As CEO, Nakamoto plans to leverage his background in growing companies with Lockheed Martin's extensive capabilities to significantly expand Savi Technology's Radio Frequency Identification-based (RFID) Total Asset Management solutions and services into the defense, civilian agency and commercial markets - both in the United States and internationally.

"Ron brings to Savi a rare combination of organizational, operational, technical and market expertise in companies of all sizes, which will help propel Savi Technology to the next level," said Vic Verma, chief executive officer of the Savi Group, which provides strategic oversight to the Savi companies, including Savi Technology, Inc., G-ITV, and Savi Networks, which provides information services on global supply chain shipments.

Nakamoto also serves as chief operating officer of Savi Group, and vice president and general manager for the Global In-Transit Visibility division of Lockheed Martin's Integrated Systems & Global Solutions Company.

Prior to joining Savi, Nakamoto was vice president and general manager for the $1.5 billion, 3,600 employee Intelligence Systems business of the Integrated Systems & Solutions Company of Lockheed Martin, which achieved a record win rate of 99% with over $3.5 billion in contract awards. Nakamoto was also vice president of the Mission Ground Systems line of business and the regional executive for the Western Region of Lockheed Martin Management and Data Systems Company, growing the business by 600% over five years.

Prior to Lockheed Martin, Nakamoto held systems engineering and management positions at Western Development Labs, Loral Corporation, and at Ford Aerospace Communications Corporation. Nakamoto also has held classified assignments involving intelligence systems with the U.S. Secretary of the Air Force.

Nakamoto was awarded a military scholarship and earned a Physics degree from San Francisco State University, and a Masters of Science in R&D Systems from the University of Southern California. He has received numerous awards, including the National Management Association Manager of the Year Award, the Lockheed Martin NOVA Award and most recently was recognized as the Asian American Engineer of the Year for 2006.

Nakamoto is an active member of the Institute of Electrical and Electronics Engineers (IEEE), National Defense Transportation Association (NDTA), Silicon Valley Manufacturing Group (SVMG), and the Council of Asian American Leaders (CAAL).

Nakamoto and his wife Elaine, who also works at Lockheed Martin Corporation, have two grown children.

With over 17 years of experience, Savi is a leading provider of active RFID solutions for the management and security of supply chain assets, shipments and consignments. Savi Technology is a wholly-owned subsidiary of Lockheed Martin, with headquarters in Sunnyvale, Calif., and offices in Washington D.C., London, Singapore, and Melbourne. For more information, visit http://www.savi.com/.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2006 sales of $39.6 billion. For additional information, visit http://www.lockheedmartin.com/.

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AP PhotoExpress Network: PRN2
PRN Photo Desk, photodesk@prnewswire.com Savi Technology - Lockheed Martin

CONTACT: Mark Nelson of Savi Technology, Inc., +1-650-316-4872,
mnelson@savi.com

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

NeoMagic(R) Corporation Announces Chief Financial Officer

SANTA CLARA, Calif., June 7 /PRNewswire-FirstCall/ -- NeoMagic Corporation , a leader and pioneer in developing and delivering low-power solutions for multimedia-rich mobile phones and other handheld devices, today announced that Steve Berry has joined the company as chief financial officer.

Berry joins NeoMagic from Sipex Corporation, a $78 million analog semiconductor company, where he was the Vice President of Finance. Prior to joining Sipex, Berry spent four years as the Vice President of Finance for BRECIS Communications, a venture-backed, fabless semiconductor company. At BRECIS, Berry provided the financial leadership as this company grew from product sample to over $10 million in annual sales, raising over $50 million in venture equity and debt offerings. Before BRECIS, Berry had a long tenure at Cirrus Logic, one of the fastest growing semiconductor companies at the time. For over seven years, Berry grew in financial leadership roles, ultimately to operations controller for the then $500+ million company. Berry began his career in public accounting with Ernst & Young in San Jose, CA, where he developed his financial assessment and auditing skills in his seven years with the firm.

Berry holds an MBA from California State University, East Bay and is a Certified Public Accountant. He received his Bachelors Degree from the University of California at Davis.

"We are delighted to welcome Steve to the NeoMagic team," said Doug Young, NeoMagic's President and chief executive officer. "His extensive experience in financial leadership roles, especially within the semiconductor industry, will make him a great asset to the Company's growth and development. We are confident based on his past accomplishments that he will make a significant contribution to the team."

"I joined this Company because of the technological advantage, the quality of the products and the addressable large market opportunity. It's an exciting time for NeoMagic," said Steve Berry, newly appointed Chief Financial Officer. "I consider the Company to be at an inflection point and I look forward to leveraging my applicable experience to work with the current management team as we grow this Company into a successful leader in its industry," continued Berry.

About NeoMagic

NeoMagic Corporation delivers semiconductor chips and software that provide mobile solutions that enable new multimedia features for handheld devices. These solutions offer low-power consumption, small form-factor and high performance processing. The Company demonstrated one of the first solutions used for H.264 video decoding in a mobile digital TV phone, and is developing and delivering solutions for audio/video processing of the dominant mobile digital TV standards, including ISDB-T, T-DMB, E-DMB and DVB-H. For its complete system solution, NeoMagic delivers a suite of middleware and sample applications for imaging, video and audio functionality, and provides multiple operating system ports with customized drivers for the MiMagic product family. NeoMagic has a patent portfolio of over 27 patents that cover NeoMagic's proprietary array processing technology, embedded DRAM and other technology. Information on the Company may be found on the World Wide Web at http://www.neomagic.com/.

This press release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, including the Company's addressable large market opportunity and the Company's growth into a successful leader in its industry. These forward-looking statements reflect current expectations. However, actual events and results could vary significantly based on a variety of factors, including but not limited to customer acceptance of NeoMagic products, the market acceptance of mobile phones and other devices developed and marketed by customers that use the Company's products, customers' plans to develop smart phones, feature phones and other products, the acceptance of advanced multimedia services such as H.264 television on mobile phones and other products, the Company's ability to execute product and technology development plans on schedule, and the timely availability of sufficient manufacturing capacity at the Company's foundry to meet future customer demand for products. There is no certainty that current or future design wins will result in revenue for NeoMagic or that customer forecasts will be accurate. Customers may cancel or delay projects or switch to other vendors. In addition, customers may fail to achieve their expected sales objectives due to competitive or other reasons. Our patent licensing activities involve various risks and uncertainties, including, without limitation, uncertainties as to the willingness of other companies to pay significant fees to license our intellectual property, the length and uncertain outcome of licensing negotiations, the possibility that litigation may be required to enforce patents, and the risks and costs inherent in any patent litigation. Additional risks that could affect the Company's future operating results are more fully described in the Company's most recent annual report, its most recent quarterly report and other filings with the United States Securities and Exchange Commission (SEC), and are available online at http://www.sec.gov/. NeoMagic may, from time to time, make additional written or oral forward-looking statements, including statements contained in filings with the SEC and reports to shareholders. NeoMagic does not undertake the obligation to update any forward-looking statements that may be made by or on behalf of the company, except as may be required by law.

NOTE: NeoMagic, and the NeoMagic circle logo are registered trademarks, and MiMagic and NeoMobileTV are trademarks of NeoMagic Corporation. All other trademarks are the property of their respective owners. NeoMagic disclaims any proprietary interest in the marks and names of others.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020802/NMGCLOGO )

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PRN Photo Desk photodesk@prnewswire.com NeoMagic Corporation

CONTACT: Douglas R. Young, Chief Executive Officer of NeoMagic
Corporation, +1-408-988-7020; or Erica Mannion, Investor Relations of Sapphire
Investor Relations, LLC, +1-212-766-1800

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

Guangzhou Global Telecom Signs LOI to Acquire 60% Equity Stake in Wangtian Electronic Technology, Ltd.

GUANGZHOU, China, June 7 /Xinhua-PRNewswire/ -- Guangzhou Global Telecom Inc. (BULLETIN BOARD: GZGT) , a mobile phone handset and pre-paid calling card distributor and mobile handset value-added services provider in the PRC, announced that it has signed a Letter of Intent ("LOI") with Zhengzhou Wangtian Electronic Technology Ltd. ("Wangtian") to acquire a 60% equity interest in Wangtian by issuing common stock to the shareholders of the company. The exact purchase price will be determined upon completion of the US GAAP audit of Wangtian.

Wangtian is a service provider which provides system integration services to telecom operators, government institutes, education organizations and enterprisers. Its un-audited revenue in 2006 is around US$1 million with net profit of $100,000. During the first 5 months of 2007, the un-audited revenue is around US$500,000 with $50,000 of net profit.

Within 2 weeks after setting up the branch in Zhengzhou, we successfully identified one local partner who is willing to work with us to expand our distribution business in Zhengzhou. The Company believes that this is a critical step in building a strong corporate infrastructure. With the established relationship of Wangtian with local telecom operators and enterprises, the Company will be able to co-operate with local telecom operators with more competitive edge and be able to set up more retail stores to facilitate our expansion objective in Zhengzhou.

As stated in an earlier press release, according to published statistics, the number of mobile phone users in Zhengzhou was approximately 4,527,000 at end of September 2006, roughly 63% of total population of the city. The mobile users increased by 1,010,000 during the nine months ended September 2006, which represents a 30% increase for year to year comparison if projected to the whole year of 2006. According to statistics, the coverage of mobile users in Zhengzhou is only 63%, compared to 93% in other major cities of China.

About Guangzhou Global Telecom

Guangzhou Global Telecom Inc. is a national mobile phone handset and pre- paid calling card distributor and provider of mobile handset value-added services. Maintaining cooperative relationships with China Telecom, China Mobile and China Unicom, the Company seeks to become the largest sales and distribution center of mobile phones, mobile phone parts and prepaid mobile phone cards in China. GTL plans to introduce new software and services through an expanded network of regional and neighborhood service centers, shops and virtual stores. For details, please visit our website at http://www.guangzhouglobaltelecom.com/

Safe Harbor Statement

Certain of the statements made in the press release constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward- looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in The People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.

For more information, please contact: Steven Bigley Aero Financial, Inc. sbigley@aero-financial.com 858-481-8022

Guangzhou Global Telecom Inc.

CONTACT: Steven Bigley of Aero Financial, Inc., +1-858-481-8022,
sbigley@aero-financial.com, for Guangzhou Global Telecom Inc.

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

EFJ, Inc.'s EFJohnson Subsidiary Implements Enhanced Vocoder Technology Into Its Project 25 Compliant Radios

IRVING, Texas, June 7 /PRNewswire-FirstCall/ -- EFJ, Inc. announced today that its EFJohnson subsidiary has implemented the new Enhanced Project 25 Vocoder into its Project 25 compliant portable and mobile radios. EFJohnson is believed to be one of the first Project 25 land mobile radio vendors to implement the new Vocoder.

"A digital voice coder, or Vocoder, is important because it determines the speech quality performance of a communication system," said Michael E. Jalbert, chairman and chief executive officer of EFJ, Inc. "Implementing this latest generation technology into our radios significantly improves voice quality and audio performance." According to Dr. John C. Hardwick, president of Enhanced Project 25 Vocoder developers Digital Voice Systems Inc, (DVSI), "Our patented Enhanced P25 Vocoder includes many enhancements that significantly increase voice quality and robustness for demanding public safety applications: recent independent speech quality testing shows DVSI's Enhanced P25 Vocoder achieves substantially higher voice quality in virtually all test conditions, significantly better performance in background noise, and full interoperability with the P25 Vocoder standard (TIA-102BABA)." The company is already shipping the Enhanced P25 Vocoder technology in its radios, Jalbert added.

About EFJohnson

EFJohnson is a leading provider of two way radios and communication systems for law enforcement, fire fighters, EMS, and the military. Founded in 1923, the company has a lengthy history of leadership in numerous communication industry standards initiatives and organizations and was one of the first developers of wireless communications products to be fully compliant with federal government Project 25 interoperability standards. EFJohnson offers a comprehensive portfolio of digital and analog radio communications solutions which assist in effectively and affordably managing the transition to digital P25 compliant systems. For more information, visit http://www.efjohnson.com/.

About EFJ, Inc.

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

Safe Harbor

Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward-looking statements due to a number of risk factors including, but not limited to, the level of demand for EFJ's products and services, reliance on contract manufacturers, the timely procurement of necessary manufacturing components, dependence on continued funding of governmental agency programs, general economic and business conditions, and other risks detailed in EFJ's reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the period ended December 31, 2006 and in the company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release and EFJ undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.

EFJ, Inc.

CONTACT: investor relations, Jana Bell of EFJ, Inc., +1-972-819-0900,
jbell@efji.com; or trade press, Kevin Nolan of EFJohnson, +1-972-819-0710,
knolan@efjohnson.com

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

Microsoft Announces New Partnerships to Drive Economic Growth, Help Build Competitive AfricaNew collaborations with the government of Burkina Faso and UNIDO expected to bring benefits to African citizens.

OUAGADOUGOU, Burkina Faso, June 7 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced two important new partnerships to help bring social and economic opportunities to people in Africa through the benefits of technology. The agreements were signed at the first subregional Information and Communication Technologies (ICT) Best Practices Forum for West and Central Africa, an event created as part of a collaboration among Microsoft, Burkina Faso, the African Development Bank and the United Nations Economic Commission for Africa to discuss ways to improve using information and communication technology for economic and social development across Africa.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

"The world has entered an era in which access to the sources of information and knowledge has become a decisive factor in competitiveness and economic growth," said His Excellency Blaise Compaore, the president of Burkina Faso. "In the face of the digital divide that threatens to increase the marginalization of developing countries, we must step up the introduction of electronic communication infrastructures to seize the opportunities offered by new technologies. This forum is an occasion for African governments, their advisory institutions and ICT experts to share their experiences so that we can build an inclusive information society to serve the sustainable development of our countries."

The agreements announced at the forum include the extension of Microsoft's work with the United Nations Industrial Development Organization (UNIDO) to develop an environmentally responsible and localized computer refurbishment program that would benefit small and midsize businesses in Africa, and the signing of a strategic partnership agreement with Burkina Faso to provide ICT training for civil servants in Burkina Faso, as well as support for broader online government initiatives.

"Technology in all its forms has tremendous potential to connect communities and facilitate healthy, sustainable economic growth," said Dr. Cheick Diarra, Africa chairman for Microsoft. "The partnerships and progress made at this ICT Best Practices Forum are helping the expansion of the African IT sectors and ultimately increasing technological competitiveness for Africa. At Microsoft we have made a commitment through Unlimited Potential to work closely with governments to help local economies develop and compete in the global marketplace and provide technology that is relevant, accessible and affordable."

Microsoft(R) Unlimited Potential is the company's long-term commitment to use technology, training and partnerships to transform education, foster local innovation, and facilitate jobs and opportunities to sustain a continuous cycle of social and economic growth for the estimated 5 billion people who are not yet realizing the benefits of technology.

Computer Refurbishment Program Promotes Job Growth, Protects the Environment

Microsoft and UNIDO have been working together over the past year to promote innovative uses of ICTs that support entrepreneurship and help promote investment and create business opportunities for small and midsize businesses (SMBs) in Africa. At the forum, Microsoft and UNIDO announced they will expand their strategic partnership to create a sustainable and environmentally responsible local computer-refurbishment program for emerging markets. The program will develop a business model for refurbishment centers in Africa and will pilot the first computer-refurbishment center in Uganda. The program will help create local jobs, increase development of ICT skills, and greatly improve the availability of technology for people running SMBs in Uganda. To help ensure the proper disposal of computers once their usefulness has been exhausted, Microsoft and UNIDO will promote the creation of a regional electronic-waste recycling facility for East Africa. Ultimately, the goal is for this to result in a pan-Africa best practice.

"This is the third collaborative program in less than a year under our partnership with Microsoft and, like the others, it is designed to enable new avenues of economic and social empowerment through access to innovative technology," said Dr. Kandeh Yumkella, director general of UNIDO. "By providing computers, software and training to entrepreneurs, we aim to foster jobs and opportunities in small and midsize enterprises in rural Africa. We are committed to developing a model for refurbishment that is sustainable, both economically and environmentally."

Alliance Brings Investments in Education and Skills Training

Under the strategic partnership agreement signed with Burkina Faso, Microsoft will invest in ICT training for civil servants in Burkina Faso, as well as support broader online government initiatives to strengthen Burkina Faso's knowledge-driven economy and improve the use of ICT in the public administration, education and business community sectors in Burkina Faso.

This approach to economic development through the partnership of public and private organizations is reflected in the United Nations' Millennium Development Goals, agreed to by countries and leading development institutions around the world to promote a comprehensive and coordinated approach to tackling many problems in developing countries. Microsoft supports these goals by focusing investment and resources in Africa and by fostering public-private partnerships that develop ICT infrastructures and grow local industries.

About the ICT Best Practices Forum

The ICT Best Practices Forum in Ouagadougou, Burkina Faso, brings together African governments and organizations from different regions in Africa to demonstrate practical examples of successful solutions and how ICT can enable Africa to accelerate the penetration and application of technology on the continent and increase its competitiveness in global markets. Three subregional forums will be held over the course of a year: one in East Africa, one in Southern Africa, and one in West and Central Africa. This event in Burkina Faso is the first for West and Central Africa.

About Unlimited Potential

Microsoft Unlimited Potential expands and accelerates Microsoft's commitment to facilitate sustained social and economic opportunity for the more than 5 billion people living throughout the world who do not today benefit from technology. This requires new products that meet the needs of underserved communities; creative, new business approaches that make technology more relevant, accessible and affordable; and close collaboration between local governments, educational institutions and community organizations.

More information on Unlimited Potential and Microsoft's efforts in emerging segments is available at http://www.microsoft.com/unlimitedpotential.

About Microsoft

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

Microsoft is a trademark of the Microsoft group of companies.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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PRN Photo Desk photodesk@prnewswire.com Microsoft Corp.

CONTACT: Rapid Response Team, Waggener Edstrom Worldwide,
+1-503-443-7070, rrt@waggeneredstrom.com

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

EarthLink's New Online Security Center Helps Safeguard Consumer Internet ExperienceUseful Tools, Industry News and Information Provide Consumers with Protection and Peace of Mind

ATLANTA, June 7 /PRNewswire-FirstCall/ -- EarthLink , an Internet leader in online security tools for more than a decade, is today offering a new layer of protection with the launch of the EarthLink Security Center (http://www.earthlinksecurity.com/). Available to all Internet users, this Web site is a source of news, information and recommendations for anyone with questions about Internet threats like spam, spyware and phisher sites.

"Statistics and reports have, for years, stated that security is one of the greatest online concerns for consumers," said Jonathan Young, EarthLink's vice president of security software.

"The EarthLink Security Center is a comprehensive destination where consumers can go online to stay up-to-date on the latest virus and malware threats, better understand their computer's potential vulnerabilities, find useful tips and information from industry experts and make more informed product decisions." The EarthLink Security Center is meant for the typical Internet user who has limited time to search through multiple sites and wants a trusted guide to help make the appropriate security choices for themselves and their families. Tools and services include:

-- A free security check that provides a real-time assessment of the consumer's computer. It analyzes the machine's current security software, evaluates its strength and gives a PC security "rating" based on its findings. This application also provides guidance on obtaining the latest protection updates and recommendations on software to patch existing security holes. -- An Internet threats meter that provides a pulse on the level of Internet threat activity and delivers up-to-date information on the latest security threats, security software holes and Internet scams consumers should be aware of for security and safety purposes. -- An Internet security 101 section that provides definitions of commonly used PC security problem terms (i.e. key logger), solution terms (i.e. anti-spyware) and advice on what steps to take if a consumer suspects that they have a problem. -- A news and blogs section that provides the latest industry information on new security threats and fixes as well as updates on major happenings with the companies and technologies that make up the Internet and PC security industries. - A free and premium software section that provides a comprehensive and searchable database of many well-known security products and related reviews available on the market today. About EarthLink

"EarthLink. We revolve around you(TM)." As the nation's next generation Internet service provider, Atlanta-based EarthLink has earned an award-winning reputation for outstanding customer service and its suite of online products and services. EarthLink offers what every user should expect from their Internet experience: high-quality connectivity, minimal online intrusions and customizable features. Whether it's dial-up, high-speed, voice, web hosting, wireless or "EarthLink Extras" like home networking or security, EarthLink connects people to the power and possibilities of the Internet. Learn more about EarthLink by calling (800) EARTHLINK or visiting EarthLink's Web site at http://www.earthlink.net/.

EarthLink

CONTACT: Jerry Grasso of EarthLink, +1-404-748-7208, or
grassoj@corp.earthlink.net; or Fiona Doherty of Text 100, +1-212-871-3927, or
fionad@text100.com

Web site: http://www.earthlink.net/
http://www.earthlinksecurity.com/

Microsoft Announces New Partnerships to Drive Economic Growth, Help Build Competitive Africa

OUAGADOUGOU, Burkina Faso, June 7 /PRNewswire/ --

- New collaborations with the government of Burkina Faso and UNIDO expected to bring benefits to African citizens.

Microsoft Corp (Nasdaq: MSFT) today announced two important new partnerships to help bring social and economic opportunities to people in Africa through the benefits of technology. The agreements were signed at the first subregional Information and Communication Technologies (ICT) Best Practices Forum for West and Central Africa, an event created as part of a collaboration among Microsoft, Burkina Faso, the African Development Bank and the United Nations Economic Commission for Africa to discuss ways to improve using information and communication technology for economic and social development across Africa.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

"The world has entered an era in which access to the sources of information and knowledge has become a decisive factor in competitiveness and economic growth," said His Excellency Blaise Compaore, the president of Burkina Faso. "In the face of the digital divide that threatens to increase the marginalisation of developing countries, we must step up the introduction of electronic communication infrastructures to seize the opportunities offered by new technologies. This forum is an occasion for African governments, their advisory institutions and ICT experts to share their experiences so that we can build an inclusive information society to serve the sustainable development of our countries."

The agreements announced at the forum include the extension of Microsoft's work with the United Nations Industrial Development Organization (UNIDO) to develop an environmentally responsible and localised computer refurbishment programme that would benefit small and midsize businesses in Africa, and the signing of a strategic partnership agreement with Burkina Faso to provide ICT training for civil servants in Burkina Faso, as well as support for broader online government initiatives.

"Technology in all its forms has tremendous potential to connect communities and facilitate healthy, sustainable economic growth," said Dr Cheick Diarra, Africa chairman for Microsoft. "The partnerships and progress made at this ICT Best Practices Forum are helping the expansion of the African IT sectors and ultimately increasing technological competitiveness for Africa. At Microsoft we have made a commitment through Unlimited Potential to work closely with governments to help local economies develop and compete in the global marketplace and provide technology that is relevant, accessible and affordable."

Computer Refurbishment Programme Promotes Job Growth, Protects the Environment

Microsoft and UNIDO have been working together over the past year to promote innovative uses of ICTs that support entrepreneurship and help promote investment and create business opportunities for small and midsize businesses (SMBs) in Africa. At the forum, Microsoft and UNIDO announced they will expand their strategic partnership to create a sustainable and environmentally responsible local computer-refurbishment programme for emerging markets. The programme will develop a business model for refurbishment centres in Africa and will pilot the first computer-refurbishment centre in Uganda. The programme will help create local jobs, increase development of ICT skills, and greatly improve the availability of technology for people running SMBs in Uganda. To help ensure the proper disposal of computers once their usefulness has been exhausted, Microsoft and UNIDO will promote the creation of a regional electronic-waste recycling facility for East Africa. Ultimately, the goal is for this to result in a pan-Africa best practice.

"This is the third collaborative programme in less than a year under our partnership with Microsoft and, like the others, it is designed to enable new avenues of economic and social empowerment through access to innovative technology," said Dr Kandeh Yumkella, director general of UNIDO. "By providing computers, software and training to entrepreneurs, we aim to foster jobs and opportunities in small and midsize enterprises in rural Africa. We are committed to developing a model for refurbishment that is sustainable, both economically and environmentally."

Alliance Brings Investments in Education and Skills Training

This approach to economic development through the partnership of public and private organisations is reflected in the United Nations' Millennium Development Goals, agreed to by countries and leading development institutions round the world to promote a comprehensive and coordinated approach to tackling many problems in developing countries. Microsoft supports these goals by focusing investment and resources in Africa and by fostering public-private partnerships that develop ICT infrastructures and grow local industries.

About the ICT Best Practices Forum

The ICT Best Practices Forum in Ouagadougou, Burkina Faso, brings together African governments and organisations from different regions in Africa to demonstrate practical examples of successful solutions and how ICT can enable Africa to accelerate the penetration and application of technology on the continent and increase its competitiveness in global markets. Three subregional forums will be held over the course of a year: one in East Africa, one in Southern Africa, and one in West and Central Africa. This event in Burkina Faso is the first for West and Central Africa.

About Unlimited Potential

More information on Unlimited Potential and Microsoft's efforts in emerging segments is available at http://www.microsoft.com/unlimitedpotential.

About Microsoft

Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and businesses realise their full potential.

About Microsoft EMEA (Europe, Middle East and Africa)

Microsoft has operated in EMEA since 1982. In the region Microsoft employs more than 12,000 people in 60 subsidiaries, delivering products and services in 138 countries and territories.

This material is for informational purposes only. Microsoft Corp disclaims all warranties and conditions with regard to use of the material for other purposes. Microsoft Corp shall not, at any time, be liable for any special, direct, indirect or consequential damages, whether in an action of contract, negligence or other action arising out of or in connection with the use or performance of the material. Nothing herein should be construed as constituting any kind of warranty.

Microsoft is a trademark of the Microsoft group of companies.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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

Microsoft

Microsoft EMEA Response Centre, +44-870-243-0515, emearesponse@waggeneredstrom.com /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO , AP Archive: http://photoarchive.ap.org , PRN Photo Desk, photodesk@prnewswire.com /NOTE TO EDITORS: If you are interested in viewing additional information on Microsoft in EMEA, please visit http://www.microsoft.com/emea or the EMEA Press Centre at http://www.microsoft.com/emea/presscentre. Web links, telephone numbers and titles were correct at the time of publication, but may since have changed. For additional assistance, journalists and analysts may contact the Microsoft EMEA Press Office at +44-870-243-0515 or other appropriate contacts listed at http://www.microsoft.com/emea/contactus. If you are interested in viewing additional information on Microsoft Corp, please visit the Microsoft web page at http://www.microsoft.com/presspass on Microsoft's corporate information pages.

CACI Awarded $75.6 Million Task Order for Knowledge Management and Visualization ServicesLatest CACI Strategic Services Sourcing (S3) Award

ARLINGTON, Va., June 7 /PRNewswire-FirstCall/ -- CACI International Inc announced today that it has been awarded a task order, under the $19.25 billion U.S. Army Strategic Services Sourcing (S3) contract vehicle that CACI announced in March 2006, to provide visualization and knowledge management support for the Communications-Electronics Research Development and Engineering Center, Intelligence and Information Warfare Directorate. The three-year effort has a potential value of $75.6 million. The goal of the new award is to manage the development and maintenance of the Defense Intelligence Agency's (DIA) knowledge management and visualization efforts as a coherent and coordinated program.

CACI's team offers proven network-centric enterprise solutions for both visualization and knowledge management. The company's geographic information systems (GIS) solutions are critical for sorting through vast amounts of geographical data from diversely managed geospatial intelligence sources. CACI's knowledge management solutions use web technologies to improve data production and maintenance, and enable the discovery, presentation, and exchange of defense intelligence. Combined, these solutions provide a powerful method of deriving actionable intelligence in direct support of the global war on terrorism.

Paul Cofoni, CACI's President of U.S. Operations, said, "CACI draws on significant experience with both visualization and knowledge management to offer fast and effective solutions for national security and the protection of our warfighters."

Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "Our solutions provide value to the U.S. Army and our intelligence community clients, and give the government greater capabilities to respond to world events."

CACI International Inc provides the IT and network solutions needed to prevail in today's new era of national security, intelligence, and e- government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Our solutions lead the transformation of national security and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 1000 index. CACI provides dynamic careers for approximately 10,100 employees working in over 120 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at http://www.caci.com/.

There are statements made herein which do not address historical facts and, therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the following: regional and national economic conditions in the United States and the United Kingdom, including conditions that result from terrorist activities or war; failure to achieve contract awards in connection with recompetes for present business and/or competition for new business; the risks and uncertainties associated with client interest in and purchases of new products and/or services; continued funding of U.S. Government or other public sector projects in the event of a priority need for funds, such as homeland security, the war on terrorism or rebuilding Iraq; government contract procurement (such as bid protest, small business set asides, etc.) and termination risks; the results of government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); material changes in laws or regulations applicable to our businesses, particularly in connection with (i) government contracts for services, (ii) outsourcing of activities that have been performed by the government, and (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; our own ability to achieve the objectives of near term or long range business plans; and other risks described in the company's Securities and Exchange Commission filings.

For investor information contact: For other information contact: David Dragics, Jody Brown, Senior Vice President, Executive Vice President, Investor Relations Public Relations (866) 606-3471, ddragics@caci.com (703) 841-7801, jbrown@caci.com

CACI International Inc

CONTACT: For investor information, David Dragics, Senior Vice President,
Investor Relations, +1-866-606-3471, ddragics@caci.com, or For other
information, Jody Brown, Executive Vice President, Public Relations,
+1-703-841-7801, jbrown@caci.com, both of CACI International Inc

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

Meridian Systems Launches Proliance Starter Pack to Accelerate ImplementationsKey components include Proliance Office Business Applications and preconfigured dashboards, metrics, alerts and best practices

FOLSOM, Calif., June 7 /PRNewswire/ -- Meridian Systems, a provider of enterprise project management software for optimizing capital projects, programs and facilities, announced today the Proliance(R) Starter Pack, a new set of Solution Accelerator technologies designed to improve end user productivity through composite applications, improve executive visibility into programs and projects, and reduce implementation timeframes and costs on new Proliance customer implementations.

Proliance software delivers Infrastructure Lifecycle Management (ILM) to building owners, real estate, construction organizations who plan, build and operate large complex capital project, programs and facilities. These organizations work with Meridian to implement Proliance in order to completely address their project management business objectives.

"Adopting solution accelerator technologies such as Proliance Office Business Applications as part of our Proliance implementation allows us to deliver a solution tailored to all organizational levels," said Raj Patel, CIO of Forest City Ratner Companies. "It was important to create a user interface with Microsoft Excel that securely connected to Proliance over the internet to allow some of our end users to create and retrieve financial project data. Now we can automate important processes involving expenditure approvals, while keeping all our capital project data in one enterprise system of record for management reporting and tracking, while still providing a familiar user interface with Excel for certain task oriented roles within the company."

The Solution Accelerator strategy is built on the foundation of Proliance's Service Oriented Architecture (SOA). These Solution Accelerators are designed to extend Proliance to the end users desktop with familiar applications like Excel as well as for senior management to have preconfigured dashboards, metrics, and alerts to provide visibility into the entire portfolio of projects. Meridian has uniquely combined its industry knowledge together with these technologies and packaged them in one easy to deploy Proliance Starter Pack.

"The goal behind launching the Starter Pack was to help our customers jump start the configuration process," said John Bodrozic, Meridian Systems president and cofounder. "By productizing our industry experience in these new technology products, we can get customers to a complete solution more quickly."

The Proliance Starter Pack provides value by delivering several preconfigured components that allow customers to instantly leverage the workflow, reporting and business intelligence capabilities of Proliance. Customers who purchase the Proliance Starter Pack will gain access to these Solution Accelerator offerings:

* Standard Dashboards, Metrics and Alerts: A number of dashboards and performance metrics for instantly evaluating the performance of capital projects and programs, designed for both executive management and project managers. * Proliance Office Business Applications: These are 'smart documents' that leverage the familiar interface of Excel. The starter pack includes a number of Excel documents that can be used by Proliance end users locally on their desktop, and then to securely connect in real time over the internet and to save data directly into the Proliance database. * Microsoft Word "Custom Print layouts": Provides users the ability to print detailed documents like project contracts, change orders and meeting minutes with layout and formatting directly into Microsoft Word. * Standard Project Management Configurations: A series of pre-defined workflows and document templates with associated security roles and corresponding look-ups. These pre-defined configurations leverage best practices and industry knowledge from Meridian's experience on other customer implementations. * Integration Utilities: Utilities that allow new project teams to enter vast amounts of initial project data, like project specific lookups. Also includes a Schedule Integration utility that supports integrating Proliance Scheduling data with other market-available scheduling applications.

All of these components are enabled by the Proliance application platform, which is built on a SOA using Web services and XML technologies. This powerful and flexible architecture allows customers to implement Proliance based on their specific organizational needs. The Proliance Starter Pack is designed to jump start this configuration process, and to get Proliance customers more quickly down the road to a complete solution.

Meridian works with our customers to be their trusted advisor in construction project management technologies, and the Proliance Starter Pack allows Meridian to leverage its deep domain experience with all its customers. The Proliance Starter Pack also extends the benefits of a SOA technology platform to organizations that depend on successful capital projects and programs. Both corporate management and project teams benefit from improved corporate visibility, end user productivity, and greater control and audit-ability of workflow processes.

For more information on Proliance and the Proliance Starter Pack, go to http://www.meridiansystems.com/pr060707 .

About Meridian Systems

Construction project management software from Meridian Systems, a Trimble Company , allows building owners, construction and engineering firms, and government agencies to efficiently manage their capital projects, programs and facilities. Meridian has been ranked the market share leader for project management and collaboration software by Constructech magazine(1), and by the CFMA among general contractors larger than $101 million in revenue(2). For more information, call Meridian Systems at (800) 850 2660, or visit: http://www.meridiansystems.com/pr060707.

(1) Statistics excerpted from the 2006 National Construction-Technology survey, Constructech Magazine. (2) CFMA's 2006 Information Technology Survey for the Construction Industry, sixth edition with the permission of the Construction Financial Management Association, Princeton, NJ, (609) 452 8000.

Meridian Systems

CONTACT: Sue Watkins, Director of Marketing of Meridian Systems,
+1-916-294-2136, swatkins@meridiansystems.com

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

OnStar by GM and American Red Cross Partner to Provide Information to Those in Crisis Situations

DETROIT, June 7 /PRNewswire/ -- With the 2007 hurricane season upon us, OnStar by GM and the American Red Cross announce a partnership to provide disaster relief information and assistance to OnStar subscribers in or near disaster-affected areas. During a hurricane or other crisis event, OnStar will be able to quickly access the Red Cross online crisis services information to direct OnStar subscribers to open shelters, feeding sites, and other disaster services. While the information is available to the public through the Red Cross, subscribers to OnStar will be able to get the information without placing an additional call.

During a crisis many people are displaced by evacuations to unfamiliar areas. Using GPS locations, OnStar subscribers can obtain local and relevant crisis information. This partnership will allow OnStar to route subscribers to the nearest shelter with available space.

Through the Red Cross Safe and Well Website -- accessible at http://www.redcross.org/ -- OnStar advisors can also help register subscribers so that their families and friends know that they are safe.

"The Red Cross is always looking for innovative ways to provide disaster information to more people in more places," said Rick Davis, Red Cross Director of Emergency Communications. "This partnership allows us to use the technological power and broad reach of OnStar to connect people who are affected by a disaster and who may be on the move to escape harm. We know this will be a useful and important tool for very large numbers of people as we enter the upcoming hurricane season."

"Our partnership with the American Red Cross allows us to offer more up- to-date crisis response information to our subscribers," said Scott Kubicki, Vice President, OnStar Subscriber Services. "Through OnStar Crisis Assist, we can help our subscribers navigate out of harm's way or summon help during an emergency. Before, during and after a disaster, any information that helps families manage crises quickly and safely, when every second counts, is information we want to provide through OnStar."

When severe weather, natural disaster, or other crisis events affect OnStar subscribers, OnStar Crisis Assist will allow subscribers in a designated crisis area to take advantage of all OnStar services regardless of the service plans they have at no additional charge. Subscribers who have in- vehicle, hands-free calling service can use it as an alternative means of staying connected if they are without power in their homes or cannot recharge their cell phone batteries.

OnStar's Crisis Assist capabilities also include specially trained Crisis Advisors, who will work to:

* Contact emergency responders if needed and direct them to the subscriber's location, using OnStar's embedded cellular calling system and Global Positioning System (GPS) satellite technology, which pinpoint a subscriber's location when he or she contacts an advisor. * Provide real time crisis information and centralized assistance for food, water, and hotel accommodations along with information on road closures, power outages, and weather updates. * Share information on available shelters from the American Red Cross database and guide subscribers to these locations. * Connect subscribers to loved ones, family and friends. * List subscribers on the American Red Cross Safe and Well website. * Inform appropriate public safety officials when a subscriber contacts OnStar about someone in need of emergency assistance.

The Red Cross began the Safe and Well site to serve as a way for those affected by a disaster to let loved ones know they are safe during an emergency. They can select from a list of standard messages, such as "I am currently at a shelter" or "Will make phone calls when able," to communicate with loved ones, letting them know of their well-being. Concerned family and friends can search the list of those who have registered themselves as "safe and well." The results of a successful search will display a loved one's first name, last name, an "As of Date," and the selected message.

Preparation is the best defense in any kind of crisis. The American Red Cross and OnStar encourage subscribers to follow the U.S. government's recommendations for preparing for crisis situations. For more information on preparedness, visit http://www.redcross.org/. For more information on OnStar Crisis Assist, visit http://www.onstar.com/.

About OnStar by GM

OnStar, a wholly owned subsidiary of General Motors, is the world's leading provider of in-vehicle safety, security and communication services. OnStar is available on more than 50 2007 GM models and includes one year of complimentary services, and will one year of service will become standard on nearly all GM retail vehicles in the United States by the end of 2007. OnStar provides services to more than four million subscribers in the U.S. and Canada. Turn-by-Turn Navigation is currently available to subscribers that have anti-lock braking systems and the latest generation of OnStar hardware. More information about OnStar and all of its services can be found at http://www.onstar.com/.

About the American Red Cross

The American Red Cross helps people prevent, prepare for and respond to emergencies. Last year, almost a million volunteers and 35,000 employees helped victims of almost 75,000 disaster, taught lifesaving skills to millions, and helped U.S. service members separated from their families stay connected. Almost 4 million people gave blood through the Red Cross, the largest supplier of blood and blood products in the United States. The American Red Cross is part of the International Red Cross and Red Crescent Movement. An average of 91 cents of every dollar the Red Cross spends is invested in humanitarian services and programs. The Red Cross is not a government agency; it relies on donations of time, money, and blood to do its work.

General Motors Corporation

CONTACT: Laura Howe of American Red Cross, +1-202-303-5713 (office),
+1-205-365-6514 (cell), howel@usa.redcross.org; or Jocelyn Allen of OnStar
Communications, +1-313-665-2790 (office), +1-313-378-8668 (cell),
jocelyn.allen@onstar.com; or Cristi Chojnacki of OnStar Communications,
+1-313-667-0874 (office), +1-248-410-7827 (cell), cristi.chojnacki@onstar.com

Web site: http://www.gm.com/
http://www.onstar.com/
http://www.redcross.org/

Seagate Ships the World's Highest Areal Density Desktop Drive to Extend Perpendicular Magnetic Recording Leadership

SCOTTS VALLEY, Calif., June 7 /PRNewswire-FirstCall/ -- Building on its storage technology leadership, Seagate today announced that it has begun worldwide volume shipments of the industry's first 250GB-per-disc, 3.5-inch disc drive on the strength of second-generation perpendicular magnetic recording technology.

Packing an industry-leading data density of 180 Gbits per square inch, the one-disc Barracuda(R) hard drive sets new benchmarks for power consumption, acoustics and performance for Seagate desktop PC hard drives -- all critical factors in providing the massive amounts of storage required for the world's exploding volume of digital content at home and in the office. Low power consumption reduces operating temperatures, crucial in ensuring high reliability and a long drive life.

The Seagate Barracuda 7200.10 drive, the industry's most advanced 3.5-inch desktop drive, is built with a fast SATA 3Gb/s interface and will serve as the foundation for Seagate's 1-terabyte desktop, enterprise, consumer electronics and external hard drives.

"Seagate remains focused on leading the hard drive's pivotal transition to perpendicular recording technology and maintaining our areal density leadership in order to meet our customers' growing storage capacity and reliability needs," said Brian Dexheimer, chief sales and marketing officer for Seagate. "This product's leading areal density epitomizes our efforts to deliver technologies that are unmatched in allowing organizations and consumers to store, protect and share digital content."

About Seagate

Seagate is the worldwide leader in the design, manufacture and marketing of hard disc drives, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions. Seagate's business model leverages technology leadership and world-class manufacturing to deliver industry-leading innovation and quality to its global customers, and to be the low cost producer in all markets in which it participates. The company is committed to providing award-winning products, customer support and reliability to meet the world's growing demand for information storage. Seagate can be found around the globe and at http://www.seagate.com/.

Seagate, Seagate Technology and the Wave logo are registered trademarks of Seagate Technology LLC. Barracuda is a trademark or registered trademark of Seagate Technology LLC or one of its affiliated companies. All other trademarks or registered trademarks are the property of their respective owners. One gigabyte, or GB, equals one billion bytes when referring to hard drive capacity. One terabyte, or TB, equals 1,000 gigabytes when referring to hard drive capacity. Accessible capacity may vary depending on operating environment and formatting.

Seagate

CONTACT: Michael Hall, +1-831-439-2731, michael.l.hall@seagate.com, or
Woody Monroy, +1-831-439-2838, woody.monroy@seagate.com, both of Seagate

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

Allin Corporation Selected by Microsoft for National Systems Integrator Status

PITTSBURGH, June 7 /PRNewswire-FirstCall/ -- Allin Corporation (BULLETIN BOARD: ALLN) announced that it has been selected by Microsoft for National Systems Integrator ("NSI") status. This appointment allows Allin to now be managed nationally by Microsoft. The NSI partner program was established to help strategic Microsoft partners most effectively market and deliver solutions across multiple geographic and product segments. This includes overall strategic planning, greater alignment and engagement of Microsoft field resources with Allin staff, collaborative marketing efforts as well as a greater degree of product team engagement and executive sponsorship.

"Allin has a strong relationship with Microsoft and embodies what we are looking for from our partners," stated Jennifer Bogdalek, Director of the National SI partner organization. Added Lisa Sonek, Sr. Business Development Manager for Microsoft, "Allin is delivering high quality and innovative solutions across the entire Microsoft product line and is committed to ensuring that our mutual clients are able to obtain the most effective business solutions from the software."

"We are honored and excited to have been selected for NSI status," commented Rich Talarico, Allin's chief executive officer. "While it is always nice to be recognized, this appointment means much more than that. Being an NSI partner allows us to work with Microsoft on a national basis in augmenting our Microsoft expertise and marketing efforts and provides us with deeper product team engagement and executive sponsorship. We are looking forward to taking our relationship with Microsoft to a new level."

About Allin Corporation

Allin Corporation is a leading provider of solutions-oriented application development and technology infrastructure consulting and systems integration services. Allin specializes in Microsoft-based technologies and was recently recognized as Microsoft's East Region Partner of the Year. Allin's operations are centered on four practice areas: Technology Infrastructure, Collaborative Solutions, Business Process and Interactive Media. Allin leverages its experience in these areas to work with clients through a disciplined project delivery framework to ensure that solutions are delivered on time and on budget. Allin delivers these services through the trade names Allin Consulting, Allin Interactive and the CodeLab Technology Group. The Company maintains offices in Pittsburgh, Pennsylvania; Ft. Lauderdale, Florida; Wakefield, Massachusetts; and San Jose and Walnut Creek, California. For additional information about Allin, visit the Company's Internet sites on the World Wide Web at http://www.allin.com/ and http://www.codelabtech.com/.

Allin Corporation

CONTACT: Dean C. Praskach, Chief Financial Officer of Allin Corporation,
+1-412-928-2022, fax, +1-412-928-0225, Dean.Praskach@allin.com

Web site: http://www.allin.com/
http://www.codelabtech.com/

Special Offer to Network TV Sponsors: Adoodle's TVAdsAgain.com Offers Focus Group TV Ad Reports At Significant Introductory Savings

PHILADELPHIA, June 7 /PRNewswire-FirstCall/ -- Adoodle, Inc. (OTC Pink Sheets: ADDE) today announced that TVAdsAgain.com -- a revolutionary new web site where visitors receive compensation for viewing, reviewing and evaluating current and breaking network TV commercials -- is offering to furnish the professionally-prepared "ADReview" research reports at substantial savings for a limited time.

The website, currently in Beta testing, will be offering the ADReview discount to those network advertisers furnishing their commercials in time for the anticipated Labor Day launch of TVAdsAgain.com.

"Our site is the quickest, easiest, most cost-efficient way for agencies and sponsors to measure consumer reaction to their commercials," said Adoodle Executive VP, Director of Marketing, Victor Sonder.

"We expect TVAdsAgain.com to attract millions of consumer eyeballs and now network sponsors have an opportunity to put their commercials in front of 'The World's Biggest Group' at no charge. And get respondent's email addresses, demographic profiles and invaluable feedback about their commercials for a fraction of the usual cost," stated Sonder.

"Our ADReview reports will enable agencies and advertisers to fine-tune their messages and better target their potential customers. TVAdsAgain.com is really everything you ever wanted to know about your TV spots. And, of course, network TV commercials will now have an afterlife on the web and a chance to be seen by the ever-rising tide of Internet surfers," Sonder continued.

"We also provide direct links to company web sites, offer advertisers the opportunity to print-our promotional incentives on visitors' printers and post bonus video. There's nothing like TVAdsAgain.com on the worldwide web and we're convinced it will be the next big internet advertising phenomenon," added Sonder.

Adoodle, Inc., the TVAdsAgain.com parent company, is headquartered at 333 Lancaster Avenue, No. 317, Wynnewood, PA 19096. Inquiries about the ADReview Introductory Offer and posting network TV commercials on the site should be sent to info@TVAdsAgain.com. Or call 1-888-383-1743.

About Adoodle, Inc.

Adoodle, Inc., "portal to POP culture," is an Internet media company whose mission is to conceive, develop and launch web-based, advertising related media. Adoodle, Inc. is now Beta testing TVAdsAgain.com (patent pending) -- "The world's biggest focus group" -- the only site on the world-wide web where visitors can view, review and evaluate current and breaking network TV commercials and get paid for doing it. Sponsors' network TV commercials are posted and advertisers are offered detailed, professionally-prepared "ADReview" reports organizing and quantifying consumer response to their TV spots. Reports are available to sponsors for a fee based on a "per-hit" or per-review basis.

For more information about Adoodle, Inc. and TVAdsAgain.com go to http://www.tvadsagain.com/

Investor & Media Relations Contact: Mark Taggatz Wall Street Marketing Group Tel: 760-329-4169 Email: info@wsmg.biz

Safe Harbor: 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, technical development risks, seasonality and other risk factors.

Adoodle, Inc.

CONTACT: Mark Taggatz of Wall Street Marketing Group, +1-760-329-4169,
info@wsmg.biz, for Adoodle, Inc.

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

Authentidate Completes Sale of its Document Management and Systems Integration Businesses

BERKELEY HEIGHTS, N.J., June 7 /PRNewswire-FirstCall/ -- Authentidate Holding Corp. , a worldwide provider of software and web-based services that enable enterprises and individuals to exchange information securely and conduct trusted business transactions, today announced that it has completed the previously announced sale of its Document Management (Docstar) and Systems Integration (DJS) businesses to a group headed by members of the businesses' senior management team.

Under the terms of the definitive asset purchase agreement, Authentidate will receive approximately $7.3 million for the businesses and related assets, which include cash of $750,000. Astria Solutions Group, LLC, the newly formed entity organized by the buying group, paid to Authentidate approximately $3.1 million in cash at closing, issued a $2 million seven-year note to Authentidate and assumed approximately $1.9 million in liabilities related to the acquired businesses. The balance of $300,000 will be paid based on the collection of accounts receivable. As part of the sale, the buyer entered into a seven-year lease for a portion of the building located in Schenectady, NY where the acquired businesses are based, and received a six-month exclusive option from Authentidate to purchase the land and building for approximately $2.4 million.

Authentidate's Board of Directors received a favorable fairness opinion regarding the sale from Agile Equity LLC, a leading investment banking firm providing a wide range of services including mergers and acquisitions, financing, financial opinions and advisory services.

"We wish the new owners of Docstar and DJS much success with their continued operations," stated Suren Pai, Chief Executive Officer of Authentidate. "The sale of these businesses brings clarity to our strategy and allows us to focus on executing our vision to grow our business and enhance shareholder value. We are excited about the new course we have set for Authentidate and pleased with our recent progress, including the successful rollout of Inscrybe(TM) Healthcare in the U.S. over the past several months, and the continuing growth of our eBilling and other security applications overseas. The upcoming commercial release of TrueBlue expands our portfolio of offerings, and adds further momentum to our new business direction."

About Authentidate Holding Corp.

Authentidate Holding Corp. is a worldwide provider of software and web- based services that enable enterprises and individuals to exchange information securely and conduct trusted business transactions. Our offerings are targeted at enterprises and office professionals, and incorporate security technologies such as electronic signing, identity management, and content authentication to electronically facilitate secure and trusted transactions. In the United States, we also offer our proprietary and patent pending content authentication technology as a web-based service in the form of the United States Postal Service(R) Electronic Postmark(R).

The company operates its business in the United States and Germany, which includes Authentidate, Inc., and Authentidate International AG. For more information, visit the company's website at http://www.authentidate.com/.

This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of the Company are subject to certain risks and uncertainties, which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, the Company's ability to implement its business plan for various applications of its technologies, related decisions by the USPS, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.

Authentidate, Inscrybe, and TrueBlue are trademarks of Authentidate Holding Corp. in the United States and/or other countries. All other trade names are the property of their respective owners.

This document is available on the KCSA Worldwide Website at http://www.kcsa.com/. Investor Contacts: Media Contact: Todd Fromer / Garth Russell Shelley Pfaendler KCSA Worldwide KCSA Worldwide 212-896-1215 / 212-896-1250 212-896-1248 tfromer@kcsa.com / grussell@kcsa.com spfaendler@kcsa.com

Authentidate Holding Corp.

CONTACT: Investors, Todd Fromer, +1-212-896-1215, tfromer@kcsa.com; or
Garth Russell, +1-212-896-1250, grussell@kcsa.com; or Media, Shelley
Pfaendler, +1-212-896-1248, spfaendler@kcsa.com, all of KCSA Worldwide, for
Authentidate Holding Corp.

Web site: http://www.authentidate.com/
http://www.kcsa.com/

Ditech Networks Participates in IMS Plugfest IIDitech's Packet Voice Processor set to perform Transcoding for enhanced SIP interoperability.

MOUNTAIN VIEW, Calif., June 7 /PRNewswire-FirstCall/ -- Ditech Networks, Inc. , a leader in the development of voice processing systems for communications networks, announced today that it will be promoting IMS interoperability through its participation in IMS Forum's "IMS Plugfest(TM) II" interoperability test event to be held June 4-8 at the University of New Hampshire InterOperability Lab in Durham, NH. Ditech's Packet Voice Processor (PVP) will help to showcase the latest advancements in IMS applications and services by performing transcoding and media enhancement functions as a Media Resource Function in the IMS architecture and enhancing interoperability for SIP-based signaling.

Ditech's PVP product is a voice processing platform that enables carriers to deploy scalable, carrier-grade VoIP services, while providing flexible voice codec transcoding. Through the PVP product, participants will be able to perform voice codec transcoding over a large variety of codec formats while interoperating with a diverse set of other IMS devices.

"We are very happy to have Ditech Networks back once again as a participant in our Plugfest II," said Michael Khalilian chairman and president of the IMS Forum and CTO of Pervasip Corp. "Ditech performed well in our first Plugfest. Its continued participation adds to the strength of this event. They bring with them an extensive track record of improving the overall voice quality of experience in the IMS architecture."

"This Plugfest provides an excellent environment for Ditech to demonstrate how IMS products and services are evolving and better approaches to develop these applications for the future," said Todd Simpson, vice president of marketing for Ditech Networks. "We are eager to collaborate with participants at this event and to help ensure that interoperability amongst IMS elements is enhanced through the process."

The IMS Plugfest II is the second in a series of open testing events that are designed to foster interoperability by establishing an industry-recognized Interoperability certification for IMS services and applications. The Plugfest testing events are creating industry-recognized interoperability test plans for IMS applications and services, allowing service providers to expedite IMS service rollout. The first Plugfest focused on interoperability of the IMS transport layer. Building on Plugfest I, the second Plugfest event, or Plugfest II tests interoperability for VoIP, IP Centrex, SMS and Fixed-Mobile Convergence functionality.

Results of IMS Plugfest II will be announced at NXTComm 2007. Ditech Networks also will be exhibiting at NXTComm at Booth 4379.

About the IMS Forum:

The IMS Forum(R) is a global, non-profit industry association devoted to interoperable IP Multimedia Subsystems services and solutions. IMS Forum's mission is to accelerate the interoperability of IMS applications and services, enabling enterprise and residential consumers to quickly benefit from the delivery of quadruple play voice, video, internet and mobile services over broadband via cable, wireless and fixed networks. The IMS Forum is the creator and organizer of the IMS Plugfest(TM), the industry's only event focused on IMS services interoperability verification and certification.

Through its organized Plugfests, working group interaction, and other activities, forum members are able to develop cost-effective technical frameworks for converged IP services over wireline, cable, 3G, WiFi and WiMAX networks. Plugfest II will be held June 4-8, 2007 at the IMS Forum UNH Interoperability Lab. Plugfest II results will be released at NXTcomm, June 18-21, 2007 at the IMS Forum's booth #4819. For additional information or to join the IMS Forum and the IMS Plugfests, please visit http://www.imsforum.org/.

About Ditech Networks, Inc.

Ditech Networks supplies voice processing equipment for telecommunication networks around the world. Ditech Networks' solutions incorporate advanced voice processing, Session Initiation Protocol (SIP), and security technologies delivered on carrier-grade scalable platforms to enhance the delivery of communications services over mobile, Voice over IP, and wireline networks. Ditech Networks' customers are premier network operators including Verizon Wireless, Sprint, Orascom Telecom, and others that collectively serve more than 150 million subscribers. Ditech Networks is headquartered in Mountain View, California. For more information, visit http://www.ditechnetworks.com/.

Ditech Networks, Inc.

CONTACT: Press, Rob Adler of PR@vantage, +1-415-984-1970,
radler@pr-vantage.com, for Ditech Networks, Inc.; or Cathy Clarke of the IMS
Forum, +1-617-527-2089, PR@IMSForum.org; or Investors, Bill Tamblyn of Ditech
Networks, Inc., +1-650-623-1309

Web site: http://www.ditechnetworks.com/
http://www.imsforum.org/

CCID Consulting Analyst Says that Backlighting in Mobile Phones Has Encountered Difficulties in China

BEIJING, June 7 /Xinhua-PRNewswire/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), says the revolutionary application of backlighting in mobile phones has encountered difficulties in China.

With the rise of mobile phone production centers in China, the transfer of the world mobile phone industry to the Chinese inland, the further improved TD industrial chain and the imminent commercialization of 3G in China, mobile phone production by local registered companies and joint ventures added up to 442,275,000 in 2006. Over 95% of those phones had full-color screens. In the meantime, full-color mobile phones moved towards bigger screens and higher resolutions.

Pushed by the rapid increase of mobile phone production, LED backlight market demands reached 1.62 billion Yuan, an increase of 36.8% over 2005. Due to the increasingly larger percentage of full-color mobile phones, white-light LEDs became the absolute hero of the backlight market. However, the backlight market has had some difficulties:

Fig. 1 Mobile Phone LED Demands and Growth in China in 2002-2006 http://www.ccidconsulting.com/upload/11560.jpg Source: CCID Consulting, Feb., 2007 Few Changes in Brand Structure.

Manufacturers of LED backlighting have been increasing in China in the past couple of years. Though increases of secondary manufacturers tend to scratch some market shares, the relatively high-speed growth of mobile phone production ensures a relatively large demand for LED backlighting. As a result, new secondary manufacturers have not had much influence on the production of front-line backlight manufacturers. The LED backlight market in China is still dominated by Shianyih Electronics, Waichi Electronics, Pepnice Opto- Electronics and so on. With more entrants into the backlight market, greater pressure for lower prices has led to price wars, which will have a definite impact on the profitability of the companies.

Replacement products hardly challenge the dominant LED. As OLED features advantages such as self-lighting, with no need for backlighting, high contrast, thinness, wide angels, fast reaction speeds, a wider temperature scope, simple structures and efficient procedures, it is considered the most promising monitor following the LCD. And OLED mobile phone screens have always been regarded as the most significant application of OLED products, which may influence the development of LED backlight markets.

However, OLED did not perform well on the mobile phone screen market recently. This is mainly because small production caused high product costs, which could only be reduced through larger scales. At the same time, TFT-LCD manufacturers modified assembly lines to enhance production of medium- and small-sized products, resulting in rapid price reduction of TFT-LCD products. Currently, LCD screens are still the predominant mobile phone screen.

On the other hand, although white-light OLED panels serving as backlighting are well-received by manufacturers, there is no mature commercial production due to immature technology.

OLED's poor performance in mobile phone screens and the unreadiness of white-light OLED panel backlighting for official commercial applications makes LED the unshakable hero of the mobile phone backlight market.

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://en.ccidconsulting.com/ .

For more information, please contact: Cynthia Liu Coordinating Manager CCID Consulting Co., Ltd Tel: +86-10-8855-9080 Email: liuyan@ccidconsulting.com

CCID Consulting Co., Ltd.

CONTACT: Cynthia Liu, Coordinating Manager of CCID Consulting Co., Ltd,
+86-10-8855-9080, or liuyan@ccidconsulting.com

China's Insurance E-Commerce Needs Planning and Coordination

BEIJING, June 7 /Xinhua-PRNewswire/ -- E-commerce in China continued to grow at a high speed in 2006 and penetrate industries. As a key application, insurance e-commerce is becoming a new growth point for the insurance industry. CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (stock code: HK08235), believes that under good external conditions the insurance industry still needs to strengthen planning and coordination in order to develop.

Currently, insurance e-commerce in China has the following features: The market environment is further improving.

In terms of policies, the "State Council Suggestions on the Reform and Development of the Insurance Industry," "Guidelines for the Eleventh Five-Year Plan for the Development of the Insurance Industry in China," and "Key IT Application Project Plans in the Eleventh Five-Year Plan for the Insurance Industry in China" were released. Promoting e-commerce became a key objective for developing the insurance industry during the Eleventh Five-Year Plan. Technologically speaking, regulations such as the Law on Electronic Signatures, Guidelines on Electronic Payments and Administration of Certification of Electronic Services went into effect. In this way, issues such as identification, electronic policy and online payment, that had previously restricted e-commerce, were improved, providing positive technical environments for the development of insurance e-commerce. In terms of market demands, with the push of insurance companies and insurance agents, customers had increased awareness of online consulting and online purchases. Online revenue from premiums increased to nearly 2% of the overall premium revenue in 2006, compared with less than 1% prior to 2005.

Insurance companies' own portals are the major application models of insurance e-commerce in China.

Since the end of the 20th century, China's insurance e-commerce has undergone the pressure from insurance companies' building websites and third- party agents opening websites. However, up until now, the major application model remained the insurance companies' own portals. All mainstream insurance companies have built their own portals and conducted online promotion, online consulting, online sales, online payment and online customer service, and to a greater or less extent have created e-commerce platforms. Among them, 95519 of China Life, Taikang Online of Taikang Life and PA18 of Ping An Insurance are outstanding in fame and practicality.

Due to immature market demands and the limited supply of products, portals built by third-party insurance agents in the early craze of insurance e- commerce have mostly converted to specialized insurance information platforms or insurance e-commerce software and solutions providers, promoting the development of this segment from a different perspective.

The e-commerce department of insurance companies lack autonomy.

As it stands, all major insurance companies have their own portals, whose functions have developed from monotonous product displays and brand promotion to collecting customer intentions, online purchases and online consulting. Unfortunately, it is common for most e-commerce departments in insurance companies to take on additional sales responsibilities and to lack autonomy. As a result, product development, sales models, and service models of the companies have not been adjusted in accordance with the features of e-commerce, leading to low efficiency.

The intra-information system of insurance companies does not connect well with e-commerce, hindering the latter's development.

E-commerce, which is essential in allowing insurance companies to explore new markets in the Internet era, enables the companies to provide 24/7 service to the customers. However, only if the company's core business system is organically integrated with the Internet portal, can the company truly reduce operation and sales costs and raise efficiency. Hence the e-commerce levels of insurance companies are closely related to the internal information management and resource coordination of the companies. At present, difficult connections between e-commerce portals and the internal information system of the companies are becoming more and more obvious with the further development of e-commerce. System building in some companies severely restricted the development of e-commerce. Although e-commerce portals collected customer intentions and even purchase information, back-stage service systems cannot process this information quickly and representatives still have to reply through phone calls and even personal visits, greatly lowering the efficiency of e-commerce. Lack of efficient and continuous processing procedures, and failure to react rapidly to customer's initial consulting queries, harm the image of the company to a very large extent.

Despite these problems and difficulties, at a time when better policies are being advocated, and technological and market demands are high, development of the insurance industry should be properly coordinated and planned, as CCID Consulting believes. First, set specific goals for each phase of online promotion, online consulting, online purchasing, electronic policy and electronic payment, in that order. Second, define the responsibilities of e-commerce departments, improve work procedures, coordinate corporate resources for e-commerce and do not treat e-commerce departments as a mere executive department of sales. Third, integrate e-commerce portals effectively with the company's internal information system. Last but not least, create a scientific evaluation system of e-commerce to comprehensively assess the performance of e-commerce, and at the same time, focus on sales goals, cost- saving goals, efficiency improvement goals and customer experience goals.

About CCID Consulting

Based on the four major competitive areas of 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.

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://en.ccidconsulting.com/

Citysearch Announces Its 2007 'Best of Citysearch' Spa and Beauty WinnersBest Spa and Beauty Destinations Across Top 20 Markets Selected by Citysearch Users and Editors

WEST HOLLYWOOD, Calif., June 7 /PRNewswire-FirstCall/ -- Citysearch, a leading online local guide and an operating business of IAC , today announced its 2007 "Best of Citysearch" Spa and Beauty winners. Based on millions of user votes and editor picks, Citysearch determined America's most popular spa and beauty destinations nationwide. The complete "Best of Citysearch" Spa and Beauty list can be found at: http://national.citysearch.com/allcities under their respective cities -- making this guide the ultimate reference tool for consumers to research the best spa and beauty locations nationwide.

The following list is a sample of our top categories in the "Best of Citysearch" Spa and Beauty:

-- Best Day Spa -- Best Barbershop -- Best Facials -- Best Hair Salon -- Best Health Club -- Best Hotel Spa -- Best Manicures & Pedicures -- Best Massage -- Best Personal Trainers -- Best Tanning Salon -- Best Yoga

For more information on Best of Citysearch, please visit: http: http://www.citysearch.com/bestof/about

About Citysearch

Citysearch is a leading local search and directory company that provides the most up-to-date information on businesses, from restaurants and retail, to travel and professional services. Citysearch empowers consumers to make informed decisions about where to spend their time and money by delivering trusted content, local expertise and helpful tools, including 14.5 million local businesses listings, over 600,000 user reviews and ratings nationwide. Citysearch is an operating business of IAC . For more information, visit: http://www.citysearch.com/

Citysearch

CONTACT: Jennifer Reeves of Citysearch, +1-310-360-4403,
jennifer_reeves@citysearch.com

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

ISWI Announces Record Monthly Wagering VolumeTURNOVER IN MAY TOPS $2M

WEST PATERSON, N.J., June 7 /PRNewswire-FirstCall/ -- Interactive Systems Worldwide, Inc. (BULLETIN BOARD: ISWI.OB) today announced record monthly wagering volume, for the third straight month, from the operation of its SportXction(R) system in the UK.

The system operated by Global Interactive Gaming Ltd. ("GIG"), the Company's wholly owned UK subsidiary, recorded over $2.0 million in turnover (i.e. the total amount wagered) in May. This total represents the largest monthly turnover ever recorded by GIG. The Company is very encouraged by this growth trend, as the turnover for April and March also showed increases over the preceding months' volume. In addition, the system's "hold" (that is, the turnover less the money returned to the players as winnings) was over $80,000.

The Company's revenue from its agreements under which it operates its software has historically been based upon several factors: the turnover, the hold and the contractual revenue (hold) split with its partners. However, on May 30, 2007 the Company announced that it had reached informal agreement with several of its larger partners to restructure its agreements with them, in order for the Company to receive fixed or minimum monthly payments on a temporary basis. Based on these informal agreements, the Company expects to invoice approximately $60,000 for May, including license fees due from its agreement with Hipodromo de Agua Caliente S.A. de C.V.

Bernard Albanese, the Company's CEO, stated, "We are very pleased with the continued growth of the system's wagering turnover, despite the ending of English Premier League season in mid-May. In May, tennis provided the largest wagering turnover. We are looking forward to the continued strong showing in tennis throughout the summer, while awaiting the resumption of the European football (soccer) season in August. The growth shown in the system's use over the last several months validates our optimism regarding the future growth of the service being provided."

About Interactive Systems Worldwide, Inc.

Interactive Systems Worldwide, Inc. (BULLETIN BOARD: ISWI.OB) has designed, developed and patented a proprietary software system, the SportXction System, which enables play-by-play wagering during the course of live sporting events. ISWI, through its wholly owned subsidiary Global Interactive Gaming Ltd. (GIG), operates the SportXction(R) System in the U.K., in conjunction with established media and traditional wagering partners. The system can accept wagers from the Internet, handheld wireless devices, interactive televisions, and standalone kiosks. The system can be used for any live broadcast event.

FORWARD-LOOKING STATEMENTS: The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements, including, but not limited to: whether the Company's informal agreements with certain partners for fixed or minimum payments will result in binding agreements, whether the hold percentage will be maintained in the future at current levels and whether the growth in wagering volume will continue. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof. Readers should carefully review the risks described in other documents the Company files from time to time with the Securities and Exchange Commission, including Annual Reports, Quarterly Reports and Current Reports on Form 8-K.

Contacts: Interactive Systems Worldwide, Inc. Bernard Albanese Chief Executive Officer Phone: 973-256-8181

Interactive Systems Worldwide, Inc.

CONTACT: Bernard Albanese, Chief Executive Officer of Interactive
Systems Worldwide, Inc., +1-973-256-8181

Global Crossing Announces Conference Call for GCUK's First Quarter Financial Results

LONDON, June 7 /PRNewswire/ --

Global Crossing (Nasdaq: GLBC) will conduct a conference call on Thursday, June 14, 2007 at 9:00 a.m. EDT/2:00 p.m. BST. Jean Mandeville, CFO and Anthony Christie, managing director for Global Crossing UK (GCUK) and Europe, will discuss GCUK's financial results for the first quarter of 2007.

The call may be accessed by dialing +1-212-271-4642 or for UK callers by dialing +44-(0)-870-001-3140. Callers are advised to dial in 15 minutes prior to the start time. The call will also be Webcast at http://investors.globalcrossing.com/events.cfm.

A replay of the call will be available on Thursday, June 14, 2007 beginning at 11:00 a.m. EDT/4:00 p.m. BST and will be accessible until Thursday, June 21, 2007 at 11:00 a.m. EDT/4:00 p.m. BST. To access the replay, North American callers should dial +1-402-977-9140 or +1-800-633-8284 and enter reservation number 21340100. Callers in the United Kingdom should dial +44-(0)-870-000-3081 or +44-(0)-800-692-0831 and enter reservation number 21340100.

ABOUT GLOBAL CROSSING UK TELECOMMUNICATIONS LTD.

Global Crossing UK Telecommunications Ltd. provides a full range of managed telecommunications services in a secure environment ideally suited for IP-based business applications. The company provides managed voice, data, Internet and e-commerce solutions to the strong and established commercial customer base, including more than 100 UK government departments, as well as systems integrators, rail sector customers and major corporate clients. In addition, Global Crossing UK provides carrier services to national and international communications service providers.

Global Crossing UK operates a high-capacity UK network comprised of 10,000 route kilometers of fiber-optic cable connecting 150 towns and cities and reaching within two kilometers of 64 percent of UK businesses. The UK network is linked into the wider Global Crossing network that connects more than 300 major cities and 29 countries worldwide, and delivers services to more than 600 major cities, 60 countries and 6 continents around the globe.

ABOUT GLOBAL CROSSING

Global Crossing (NASDAQ: GLBC) provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects more than 320 cities in 31 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 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 -- and remains the only -- global communications provider with IPv6 natively deployed in both its private and public backbone networks.

Please visit 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 Contacts Becky Yeamans +1-973-937-0155 PR@globalcrossing.com Jo Graves Europe +44-(0)-1256-858-403 EuropePR@globalcrossing.com Analysts/Investors Contacts Laurinda Pang +1-800-836-0342 glbc@globalcrossing.com Gino Mathew Europe +1-973-937-0133 gino.mathew@globalcrossing.com

IR/PR1

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

Global Crossing

Becky Yeamans, Global Crossing, +1-973-937-0155, or PR@globalcrossing.com; or Jo Graves, Global Crossing Europe, +44-(0)-1256-858-403, or EuropePR@globalcrossing.com; Analysts/Investors Contacts: Laurinda Pang, Global Crossing, +1-800-836-0342, or glbc@globalcrossing.com, or Gino Mathew, Global Crossing Europe, +1-973-937-0133, or gino.mathew@globalcrossing.com

Global Crossing Announces Conference Call for GCUK's First Quarter Financial Results

LONDON, June 7 /PRNewswire-FirstCall/ -- Global Crossing will conduct a conference call on Thursday, June 14, 2007 at 9:00 a.m. EDT/2:00 p.m. BST. Jean Mandeville, CFO and Anthony Christie, managing director for Global Crossing UK (GCUK) and Europe, will discuss GCUK's financial results for the first quarter of 2007.

The call may be accessed by dialing +1 212 271 4642 or for UK callers by dialing +44 (0) 870 001 3140. Callers are advised to dial in 15 minutes prior to the start time. The call will also be Webcast at http://investors.globalcrossing.com/events.cfm.

A replay of the call will be available on Thursday, June 14, 2007 beginning at 11:00 a.m. EDT/4:00 p.m. BST and will be accessible until Thursday, June 21, 2007 at 11:00 a.m. EDT/4:00 p.m. BST. To access the replay, North American callers should dial +1 402 977 9140 or +1 800 633 8284 and enter reservation number 21340100. Callers in the United Kingdom should dial +44 (0) 870 000 3081 or +44 (0) 800 692 0831 and enter reservation number 21340100.

ABOUT GLOBAL CROSSING UK TELECOMMUNICATIONS LTD.

ABOUT GLOBAL CROSSING

Global Crossing provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects more than 320 cities in 31 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.

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

CONTACT GLOBAL CROSSING: Press Contacts Becky Yeamans + 1 973 937 0155 PR@globalcrossing.com Jo Graves Europe + 44 (0) 1256 858 403 EuropePR@globalcrossing.com Analysts/Investors Contacts Laurinda Pang + 1 800 836 0342 glbc@globalcrossing.com Gino Mathew Europe + 1 973 937 0133 gino.mathew@globalcrossing.com IR/PR1

Global Crossing

CONTACT: Becky Yeamans, Global Crossing, +1-973-937-0155, or
PR@globalcrossing.com; or Jo Graves, Global Crossing Europe,
+44-0-1256-858-403, or EuropePR@globalcrossing.com; Analysts/Investors
Contacts: Laurinda Pang, Global Crossing, +1-800-836-0342, or
glbc@globalcrossing.com, or Gino Mathew, Global Crossing Europe,
+1-973-937-0133, or gino.mathew@globalcrossing.com

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