Stanley Marks Success of State Department's Largest Passport Processing FacilityRibbon-Cutting Ceremony Being Held Today

ARLINGTON, Va., June 14 /PRNewswire-FirstCall/ -- Stanley, Inc. , a leading provider of systems integration and professional services to the U.S. Federal Government, announced that a ribbon-cutting ceremony is being held today to mark the successful opening of the Arkansas Passport Center (APC) in Hot Springs, Ark. Stanley is responsible for directing facility operations and the printing, quality control and mailing of U.S. passports as well as other travel documents.

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The APC is a mega-processing center that will be the Department of State's largest passport production center. At full capacity, planned by the end of 2007, it will produce more than 10 million passports per year. The APC opened March 27, and has produced more than 130,000 passports to date. It represents a dynamic new approach to the production process, separating the printing from the processing and adjudication functions supported by the other centers.

"I commend our employees and subcontractors, our State Department colleagues, the state and local representatives, and all of the other individuals who were so instrumental in preparing the facility to be operational so quickly," said Phil Nolan, chairman, president and chief executive officer of Stanley. "We look forward to contributing to the successful future of the Arkansas Passport Center."

"With the opening of the Center, the State Department will significantly increase their production capacity to meet growing demand and provide timely services to the American public," said Eric Wolking, vice president of Stanley's federal agency programs.

The Department of State established the APC in response to the anticipated rise in passport demand resulting from the new passport rules of the Western Hemisphere Travel Initiative. It is anticipated that over 17 million passports will be produced in fiscal year 2007, compared with 12 million in fiscal year 2006.

Maura Harty, the Assistant Secretary of State for Consular Affairs and the Governor of Arkansas, Mike Beebe, will be in attendance at the ribbon cutting, as well as the Mayor of Hot Springs, Mike Bush, and other government officials.

Upon winning the 10-year contract in October 2006, Stanley had 120 days to open the new facility and begin production. The company reviewed 370 metropolitan areas over a six-month period and chose Hot Springs because of its strong local labor force, its proximity to transportation hubs, and the deep involvement of state and local government officials. The shell of the facility was built in 2003 and is owned by the Garland County Economic Development Corporation (GCEDC).

Stanley has more than 1,000 employees and subcontractors overall working on State Department contracts. The company currently delivers professional services, passport application processing services, technology support, and logistics support to the State Department's Bureau of Consular Affairs/Passport Services Directorate. Stanley has worked with the State Department since 1992, beginning with operations at the National Passport Center in Portsmouth, N.H.

About Stanley

Stanley is a provider of information technology services and solutions to U.S. defense and federal civilian government agencies. Stanley offers its customers systems integration solutions and expertise to support their mission-essential needs at any stage of program, product development or business lifecycle through five service areas: systems engineering, enterprise integration, operational logistics, business process outsourcing, and advanced engineering and technology. Headquartered in Arlington, Va., the company has more than 2,700 employees at over 100 locations in the U.S. and worldwide. In 2007, Stanley was recognized by FORTUNE(R) magazine as one of the "100 Best Companies to Work For." Please visit http://www.stanleyassociates.com/ for more information.

Any statement in this press release about future expectations, plans and prospects for Stanley, Inc., including statements containing the words "estimates", "anticipates", "plans", "expects" and similar expressions, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements, as a result of various important factors discussed in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on June 1, 2007 and additional filings with the SEC. In addition, the forward-looking statements included in this press release represent our views as of June 14, 2007. We assume no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by us, whether as a result of new information, future events or otherwise.

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CONTACT: Joelle Pozza of Stanley, +1-703-310-3218,
Joelle.Pozza@stanleyassociates.com; or Steve Royster of Department of State,
+1-202-647-2114, RoysterSB@state.gov

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

Microsoft Office Team and HGTV's Vern Yip Want to Give Your Home Office a $25,000 MakeoverMicrosoft Office got a makeover; now your home office can get one too if you enter at http://www.makeovermyoffice.com.

REDMOND, Wash., June 14 /PRNewswire-FirstCall/ -- Working from home is no longer just a growing trend, it is a fixture of today's business environment. According to a 2007 Basex Inc. study, 40 percent of knowledge workers work remotely from one to five days a week, and with rising gas prices contributing substantially to commuting costs, even more people are looking at telecommuting as an option. For telecommuters, the need to create a productive, functional home office space is critical to their success.

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The Microsoft Office team and former "Trading Spaces" designer Vern Yip will give one deserving winner a $25,000 home office redesign as part of the Microsoft(R) Home Office Makeover contest. The winner will receive the latest in technology and home decor to enhance their productivity.

"People agonize over which window treatments or patio furniture to buy, and then relegate their home office to a dark corner of some cluttered room," said Yip, the designer whose handiwork is now featured on HGTV's "Design Star" and "Deserving Design" and who will lead the contest design team. "The home office has become the area people bypass when they're giving guests the grand tour, but is arguably one of the most important rooms of the house. Given how critical being productive is for people working from home, it really needs to be comfortable, aesthetically pleasing and optimized for efficiency."

Studies show that working from home is better for employees and employers alike:

* According to a 2005 SonicWALL Inc. survey, 76 percent of employees surveyed believe that working remotely is an aid to productivity. * A study done by the Gallup Organization and Opinion Research Corp. in August 2006 found that 81 percent of American telecommuters felt they were as productive or more productive in their home office compared with their business office.

Also important to working at home is having the right tools to get your job done. This includes the technology needed to have a great telecommuting experience. Software can play a key role here. The makeover Microsoft Office software received with its 2007 release makes it a great option for home workers. The 2007 Microsoft Office system, launched to consumers in January, features a redesigned desktop experience and helps home-based workers save time, get better results faster and produce great-looking documents. "The 2007 version of Microsoft Office is the most significant release of the productivity solution in the last decade," said Chris Schneider, senior marketing manager for Office at Microsoft Corp., noting that the software is designed to help people be more productive regardless of where they are working. "For the 40 percent of people who work from home and the 15 million home-based businesses in the U.S.,* it seemed only fitting that if Microsoft Office got a makeover, home offices should get one, too."

Hardware also plays a crucial role in streamlining the process of working from home. To allow telecommuters to focus on business in the home office rather than the technology that runs it, makeover hardware provider HP provides the largest breadth of products for printing and imaging needs, making it easy to achieve professional, competent and reliable results.

People in need of a home office makeover can review all the contest details including the official rules at http://www.makeovermyoffice.com/. Entries must be submitted by July 4 at http://www.makeovermyoffice.com/. In addition to the design makeover, the winner of the Microsoft Home Office Makeover contest will receive the following technology products:

* One Microsoft Office Professional 2007 * One Windows Vista(R) Ultimate operating system * A one-year subscription to Microsoft Office Live Premium * One Windows Live(TM) OneCare(TM) PC care service * One Microsoft Zune(TM) digital media player * One HP Compaq tc4400 Tablet PC (includes three years' on-site hardware support and docking station) * One HP Photosmart C6180 All-in-One (includes three years' hardware exchange extended warranty) * One HP Photosmart R967 digital camera with 1GB memory card (includes three years' hardware exchange extended warranty) * One HP Color LaserJet 2605dtn (includes three years' hardware exchange extended warranty) * One ream of HP Color LaserJet paper * One ream of HP ColorLok InkJet paper * Sixty sheets of 4-by-6-inch photo paper

Ten semifinalists will be announced on July 17, when public voting begins. Semifinalists will receive Microsoft Office Professional 2007. The entrants selected as finalists will also receive an HP notebook PC with Windows Vista Ultimate. The winner will be announced Sept. 4.

About Microsoft

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

* Source: IDC, U.S. Home Office 2007-2011 Forecast: Extending Corporate Resources to the Home, Doc #206818, May 2007

Microsoft, Windows Vista, Windows Live, OneCare and Zune are trademarks 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, for Microsoft

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

Global Crossing Reports GCUK's First Quarter 2007 Results

LONDON, June 14 /PRNewswire/ --

Global Crossing (Nasdaq: GLBC) today announced first quarter financial results for its subsidiary, Global Crossing (UK) Telecommunications Limited (GCUK).

Highlights

GCUK generated 75 million pounds in revenue, with adjusted gross margin (defined as revenue minus cost of access) at 69 percent of revenue in the first quarter of 2007. The company generated 18 million pounds of earnings before net financing costs, taxes, depreciation and amortization (EBITDA) and 7 million pounds of cash from operations.

As reported previously, Global Crossing acquired Fibernet in October 2006 and sold it to GCUK on December 28, 2006. GCUK's results for the first quarter of 2007 reflect the first full quarter of financial contribution from the Fibernet business. The integration of Fibernet into GCUK's operations is proceeding well and is nearly complete.

During the first quarter, GCUK announced a five-year contract renewal with National Express Group for a 200-site managed IP VPN supporting converged services. More recently, GCUK announced that it will provide Newsquest Media Group, the UK's second largest regional newspaper publisher, with data and VoIP-ready IP VPN capabilities to 160 sites as part of a five-year contract. On June 12, 2007, the company announced the extension of one of its largest contracts, the Managed Telecommunication Service (Mts) for OGCbuying.solutions, under which it is providing managed telephony, data network services, hosted IP telephony and mobile working services; the extension of the contract is valued at approximately 105 million pounds and now runs through December 2011.

"The recent string of significant contract renewals and new customer wins shows the potential of our UK business and Global Crossing as a whole," said John Legere, Global Crossing's chief executive officer. "With the acquisition of Fibernet now complete and the integration process in the final stages, we expect to build on our success with streamlined operations, an even stronger service offering and expanded network reach throughout the UK."

Revenue, Margin and Costs

During the first quarter of 2007, GCUK generated revenue of 75 million pounds, 98 percent of which was generated from the "invest and grow" segment - namely, that part of the business focused on serving global enterprises, carrier data and indirect channel customers. This represents a 22 percent sequential increase over the previous quarter, when revenue was 62 million pounds, and a 28 percent year-over-year increase from 59 million pounds in the first quarter of 2006. The sequential and year-over-year increases are attributable to the inclusion of Fibernet's UK operations into GCUK, incremental billings resulting from a settlement with a customer and an increase in equipment sales to a large customer. Adjusted gross margin (as further defined in Table 7 that follows) was 52 million pounds during the first quarter of 2007, compared with 42 million pounds in the fourth quarter of 2006 and 41 million pounds in the first quarter of 2006.

Cost of revenue, which includes cost of access, technical real estate, network and operations, third party maintenance and cost of equipment sales, was 49 million pounds for the quarter, compared to 43 million pounds in the fourth quarter of 2006 and 38 million pounds in the first quarter of 2006. Cost of access increased year over year due to the addition of Fibernet operations as well as costs associated with increased enterprise and carrier voice volume. In addition, the year-over-year cost of revenue increase also reflected higher cost of equipment sales. Sales, general and administrative expenses (SG&A) in the first quarter were 8 million pounds, compared with 9 million pounds in the fourth quarter of 2006 and 8 million pounds in the first quarter of 2006.

Earnings

GCUK's EBITDA for the first quarter, as defined in Table 5 that follows, was 18 million pounds, compared with 20 million pounds in the fourth quarter of 2006 and 14 million pounds in the first quarter of 2006. The sequential EBITDA decline was due to an 8 million pound net gain arising from the acquisition of Fibernet that was recorded in the fourth quarter of 2006 (see Table 2 for reference). The increase in EBITDA on a year-over-year basis was primarily attributable to inclusion of Fibernet's operations in first quarter results.

GCUK recorded a net profit of approximately 1 million pounds for the first quarter of 2007, compared with a net loss of 2 million pounds in the fourth quarter of 2006 and a net profit of 5 million pounds in the first quarter of 2006. The year-over-year change in net profit was primarily due to an increase in finance charges driven by a favorable non-cash exchange rate movement on the company's senior secured notes in the first quarter of 2006, and issuing additional senior secured notes in December, as well as recognition of an additional deferred tax asset in the first quarter of 2006.

Cash Position

As of March 31, 2007, GCUK had 38 million pounds of cash and cash equivalents. In the first quarter, GCUK had cash generated from operations of 7 million pounds and made interest payments totaling 1 million pounds on its capital leases. GCUK used a total of 2 million pounds of cash in the first quarter, including 11 million pounds for capital expenditures and principal payments on capital leases.

Non-GAAP Financial Metrics

Consistent with the Securities and Exchange Commission's (SEC's) Regulation G, the attached schedules include definitions of EBITDA and adjusted gross margin measures, as well as reconciliations of such measures to the most directly comparable financial measures calculated and presented in accordance with International Financial Reporting Standards (IFRS).

International Financial Reporting Standards

GCUK's results reported here include unaudited consolidated financial results for the three months ended March 31, 2007 and 2006 and December 31, 2006; unaudited consolidated balance sheets as of March 31, 2007; and the audited consolidated balance sheet as of December 31, 2006, in accordance with IFRS, as adopted by the European Union. GCUK's results for the first quarters of 2007 and 2006 and the fourth quarter of 2006 were included in Global Crossing's consolidated results previously reported on May 10, 2007, in accordance with U.S. GAAP.

Conference Call

Management has scheduled a conference call for Thursday, June 14, 2007, at 9:00 a.m. EDT/2:00 p.m. BST to discuss GCUK's financial results. The call may be accessed by dialing +1-212-271-4642 or +44-(0)-870-001-3140. Callers are advised to dial in 15 minutes prior to the 9:00 a.m. EDT start time. The call will also be Webcast at http://investors.globalcrossing.com/results.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, dial +1-402-977-9140 or +1-800-633-8284 and enter reservation number 21340100. UK callers may access the replay by dialing +44-(0)-870-000-3081 or +0800-692-0831 and entering reservation number 21340100.

ABOUT GLOBAL CROSSING (UK) TELECOMMUNICATIONS LIMITED

Global Crossing (UK) Telecommunications Limited 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 a 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, GCUK provides carrier services to national and international communications service providers.

Global Crossing (UK) Telecommunications operates a high-capacity UK network connecting 150 towns and cities and reaching within just over one mile of 64 percent of UK businesses. Its network is linked into the wider Global Crossing network that connects more than 320 major cities in 31 countries worldwide, and delivers services to more than 600 cities in 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.

This press release contains statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties that could cause GCUK's actual results to differ materially, including: the ability to successfully integrate the Fibernet business and realize the benefits anticipated from the acquisition of Fibernet; dependence on a number of key personnel; the level of competition in the marketplace; pricing pressures resulting from technology advances and regulatory changes; competitive disadvantages relative to competitors with superior resources; the concentration of revenue in a limited number of customers; customer contracts typically do not have firm commitments to purchase minimum levels of revenue or services; the reliance on a limited number of third party suppliers; periodic reviews of the company's financial conditions by certain of the company's government customers; a change of control could lead to the termination of many of the company's government contracts; insolvency could lead to termination of certain of the company's contracts; slower than anticipated adoption by customers of next generation products; the influence of the company's parent, and possible conflicts of interest of the parent or of certain of GCUK's directors and officers; exposure to unreserved contingent liabilities; and other risks referenced from time to time in the company's filings with the Securities and Exchange Commission. The company 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 jo.graves@globalcrossing.com Analysts/Investors Contact Laurinda Pang +1-800-836-0342 glbc@globalcrossing.com Gino Mathew Europe +1-973-937-0133 gino.mathew@globalcrossing.com IR/PR1

Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 1 Summary of Consolidated Revenues Results below are in pounds sterling in thousands. Three months ended March 31, December 31, March 31, 2007 2006 2006 (unaudited) (unaudited) (unaudited) Revenues: Enterprise and carrier data 73,597 60,401 57,864 Wholesale voice 1,368 1,155 615 74,965 61,556 58,479 Global Crossing group companies 125 151 125 Consolidated revenues 75,090 61,707 58,604 On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 2 Consolidated Statements of Operations Results below are in pounds sterling in thousands. Three months ended March 31, December 31, March 31, IFRS in IFRS Reporting Format 2007 2006 2006 (unaudited) (unaudited) (unaudited) Revenue 75,090 61,707 58,604 Cost of sales (46,307) (40,295) (34,695) Gross profit 28,783 21,412 23,909 Distribution costs (3,721) (2,822) (2,772) Administrative expenses (16,853) (13,319) (13,217) Net gain arising from acquisition of Fibernet - 8,453 - Operating profit 8,209 13,724 7,920 Finance revenue 1,279 (20) 446 Finance charges (8,708) (4,327) (5,829) Profit before tax 780 9,377 2,537 Tax (charge)/benefit (260) (11,020) 2,100 Profit (loss) for the period 520 (1,643) 4,637 Three months ended IFRS in U.S. Reporting Format March 31, December 31, March 31, 2007 2006 2006 (unaudited) (unaudited) (unaudited) REVENUES 75,090 61,707 58,604 Cost of revenue (excluding depreciation and amortization shown separately below) Cost of access (23,048) (19,678) (18,030) Real estate, network and operations (11,916) (9,543) (9,723) Third party maintenance (4,676) (3,938) (4,465) Cost of equipment sales (9,128) (9,701) (5,609) Total cost of revenue (48,768) (42,860) (37,827) Selling, general and administrative (8,224) (9,115) (7,649) Depreciation and amortization (9,565) (6,387) (5,883) Total operating expenses (66,551) (58,362) (51,359) OPERATING INCOME 8,533 3,345 7,245 OTHER INCOME (EXPENSE) Interest expense, net (7,436) (7,828) (6,911) Other (expense) income, net (317) 12,112 2,203 INCOME BEFORE BENEFIT (PROVISION) FOR INCOME TAXES 780 7,629 2,537 (Provision) benefit for income taxes (260) (11,020) 2,100 Extraordinary gain, net of tax - 1,748 - NET INCOME (LOSS) 520 (1,643) 4,637 Note: The classification differences between reporting under IFRS and U.S. GAAP are as follows: Cost of sales: Under IFRS, the company includes cost of access, third party maintenance, customer-specific costs and depreciation on network assets within cost of sales. Cost of revenue: Under U.S. GAAP, the company includes cost of access, real estate, network and operations, third party maintenance and cost of equipment sales within cost of revenue. Foreign currency gains/(losses): Under IFRS, the company includes foreign currency gains and losses within operating profit, except for those related to the senior secured notes, which are included in finance costs, and those related to loans to related parties, which are included in finance revenue. Under U.S. GAAP, all foreign exchange gains/(losses) are included in other income expense), net. Net gain arising from acquisition of Fibernet: Under IFRS, the company includes the gain on settlement of contracts due to Fibernet acquisition (8,411 pounds), the gain on recognition of negative goodwill (1,748 pounds) and charges related to restructuring Fibernet's operations (1,706 pounds) in net gain arising from acquisition of Fibernet within operating profit. Under U.S. GAAP, the gain on settlement of contracts due to Fibernet acquisition is included in other income (expense), net; the gain on recognition of negative goodwill is recognized as an extraordinary gain, net of tax; and charges related to restructuring Fibernet's operations are included in sales, general and administrative expenses. On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006.

Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 3 Consolidated Balance Sheets Results below are in pounds sterling in thousands. March 31, December 31, 2007 2006 (unaudited) (audited) Non-current assets Intangible assets, net 14,461 14,241 Property, plant and equipment, net 183,581 182,556 Investment in associate 163 163 Retirement benefit asset 922 922 Trade and other receivables 33,044 33,130 Deferred tax asset 5,262 5,262 237,433 236,274 Current assets Inventory 563 1,112 Trade and other receivables 60,992 59,182 Cash and cash equivalents 37,961 40,309 99,516 100,603 Total assets 336,949 336,877 Current liabilities Trade and other payables (76,518) (77,581) Deferred revenue (47,501) (48,005) Provisions (2,234) (3,266) Obligations under finance leases (10,501) (9,214) Other debt obligations (417) (167) Derivative financial instrument (954) (894) (138,125) (139,127) Non-current liabilities Trade and other payables (740) (647) Senior secured notes (249,916) (249,631) Deferred revenue (110,430) (109,765) Retirement benefit obligation (2,808) (2,808) Provisions (4,482) (5,243) Obligations under finance leases (22,065) (23,209) Other debt obligations (779) (232) Derivative financial instrument (1,670) (1,789) (392,890) (393,324) Total liabilities (531,015) (532,451) Net liabilities (194,066) (195,574) Capital and reserves Equity share capital (101,000 shares outstanding at 1 Pound each) 101 101 Capital reserve 26,083 25,368 Hedging reserve (2,343) (2,616) Accumulated deficit (217,907) (218,427) Total equity (194,066) (195,574) On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 4 Consolidated Cash Flow Statements Results below are in pounds sterling in thousands. Three months ended March 31, 2007 March 31, 2006 (unaudited) (unaudited) Operating activities: Profit for the period 520 4,637 Adjustments for: Finance costs, net 7,429 5,383 Income tax 260 (2,100) Depreciation of property, plant and equipment 8,299 5,288 Amortization of intangible assets 856 186 Share based payment expense 715 471 Loss/(gain) on disposal of property, plant and equipment 266 (46) Equity income from associate - (128) Change in provisions (1,859) (686) Change in operating working capital (10,169) (2,734) Change in other assets and liabilities 960 (1,681) Cash generated from operations 7,277 8,590 Interest paid (996) (440) Net cash provided by operating activities 6,281 8,150 Investing activities: Interest received 1,168 1,049 Purchase of property, plant and equipment (8,439) (4,570) Proceeds from disposal of property, plant and equipment - 8 Net cash used in investing activities (7,271) (3,513) Financing activities: Repayments of capital elements under finance leases (2,132) (1,112) Proceeds from debt obligations, net 774 399 Net cash used in financing activities (1,358) (713) Net increase (decrease) in cash and cash equivalents (2,348) 3,924 Cash and cash equivalents at beginning of period 40,309 44,847 Cash and cash equivalents at end of period 37,961 48,771 Non cash in financing activities: Capital lease and debt obligations incurred 3,984 275 On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Pursuant to the SEC's Regulation G, the following table provides a reconciliation of IFRS EBITDA, which is considered a non-GAAP (Generally Accepted Accounting Principles) financial metric, to profit (loss) for period, which is the most directly comparable IFRS measure. GCUK's calculation of IFRS EBITDA may not be consistent with IFRS EBITDA measures of other companies. Management believes that IFRS EBITDA is a relevant indicator of operating performance, especially in a capital intensive industry such as telecommunications. IFRS EBITDA is an important aspect of the company's internal reporting and is also used by the investment community in assessing performance. This non-GAAP financial measure should be used in addition to, but not as a substitute for, the analysis provided in the consolidated statement of operations.

Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 5 Reconciliation of IFRS EBITDA to Profit (Loss) for the Period (unaudited) Results below are in pounds sterling in thousands. Three months ended March 31, December 31, March 31, 2007 2006 2006 (unaudited) (unaudited) (unaudited) IFRS EBITDA 17,774 20,111 13,803 Depreciation and amortization (9,565) (6,387) (5,883) Finance revenue 1,279 (20) 446 Finance costs (8,708) (4,327) (5,829) Taxation (260) (11,020) 2,100 Profit (loss) for period 520 (1,643) 4,637 Definition: IFRS EBITDA consists of profit (loss) for the period before taxation, finance costs, finance revenue and depreciation and amortization expense recorded to cost of sales and administrative expenses. On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 6 Reconciliation of Profit (Loss) Under IFRS to U.S. GAAP Results below are in pounds sterling in thousands. Three months ended March 31, December 31, March 31, 2007 2006 2006 (unaudited) (unaudited) (unaudited) Profit (loss) reported under IFRS 520 (1,643) 4,637 Reconciling items: Push down of Global Crossing's fresh start accounting: - Deferred income (1,136) (1,133) (1,141) Long-term IRU agreements (87) (87) (87) Restructuring costs 95 (20) 126 Pensions - 11 1 Dilapidation provisions (39) (39) 33 Share-based compensation (4) 87 (154) Income taxes - 106 (2,017) Purchase accounting - restructuring - 1,706 - Purchase accounting - goodwill 53 (1,748) - (Loss) income under U.S. GAAP (598) (2,760) 1,398 On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Pursuant to the SEC's Regulation G, the following table provides a reconciliation of Adjusted Gross Margin, which is considered a non-GAAP financial metric, to gross margin, which is the most directly comparable IFRS measure. Management believes that Adjusted Gross Margin is a relevant indicator of operating performance since it links revenue lines with the largest and most directly related costs incurred to generate such revenue. Adjusted Gross Margin should be used in addition to, but not as a substitute for, the analysis provided in the consolidated statement of operations. Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 7 Reconciliation of Adjusted Gross Margin to Gross Profit (unaudited) Results below are in pounds sterling in thousands. Three months ended March 31, December 31, March 31, 2007 2006 2006 (unaudited) (unaudited) (unaudited) Adjusted Gross Margin 52,042 42,029 40,574 Less: Customer-specific costs (10,128) (10,782) (6,649) Third-party maintenance (4,676) (3,938) (4,465) Depreciation & amortization (included within cost of sales) (8,455) (5,897) (5,551) Gross Profit (IFRS) 28,783 21,412 23,909 Definitions: Adjusted gross margin is revenue minus cost of access. Gross profit is revenue minus cost of access, customer-specific costs, third party maintenance and depreciation and amortization recorded to cost of sales. On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Web site: http://www.globalcrossing.com http://investors.globalcrossing.com/results.cfm http://blogs.globalcrossing.com

Global Crossing

Becky Yeamans, +1-973-937-0155, PR@globalcrossing.com, Jo Graves, Europe, +44-(0)-1256-858-403, jo.graves@globalcrossing.com; ANALYSTS/INVESTORS: Laurinda Pang, +1-800-836-0342, glbc@globalcrossing.com, Gino Mathew, Europe, +1-973-937-0133, gino.mathew@globalcrossing.com, all of Global Crossing

SI International Schedules Second Quarter FY 2007 Earnings Conference Call for Tuesday, July 31, 2007

RESTON, Va., June 14 /PRNewswire-FirstCall/ -- SI International, Inc. will release its second quarter fiscal year 2007 financial results on Tuesday, July 31, 2007 before market opens. Following the release of the information, SI International has scheduled a conference call for Tuesday, July 31, 2007 at 10:00 AM ET.

Participating in the conference call will be SI International's President and CEO Brad Antle and Executive Vice President and CFO Ted Dunn. A question and answer session will be included to further discuss the results.

The conference call will be webcast simultaneously to the public through a link on the Investor Relations section of SI International's web site, http://www.si-intl.com/. A replay of the webcast will be available on the SI International web site beginning two hours after the conclusion of the conference call. In addition, a replay of the conference call is available by telephone beginning on Tuesday, July 31, 2007 at 12:00 PM ET through Tuesday, August 7, 2007 at 5:00 PM ET by calling (888) 286-8010 and entering the conference passcode number 75899300.

About SI International: SI International, a member of the Russell 2000 and S&P SmallCap 600 indices, is a provider of information technology and network solutions (IT) primarily to the federal government. The Company combines technology and industry expertise to provide a full spectrum of state-of-the- practice solutions and services, from design and development to documentation and operations, to assist clients in achieving their missions. SI International is ranked as the 42nd largest Federal Prime IT Contractor by Washington Technology and has approximately 4,600 employees. More information about SI International can be found at http://www.si-intl.com/.

CONTACT: Alan Hill VP, Corp. Communications 703-234-6854 alan.hill@si-intl.com

SI International, Inc.

CONTACT: Alan Hill, VP, Corp. Communications of SI International, Inc.,
+1-703-234-6854, alan.hill@si-intl.com

Web site: http://www.si-intl.com/

Tektronix Announces Webcast of Its Fourth Quarter and Full Year Fiscal 2007 Investor Conference CallLive Webcast and Replay Information

BEAVERTON, Ore., June 14 /PRNewswire-FirstCall/ -- Tektronix, Inc. , a leading worldwide provider of test, measurement and monitoring instrumentation, will release results of the fourth quarter and full year for fiscal 2007 after the close of the stock market on Thursday, June 21, 2007. The release will be followed by an investor conference call hosted by Rick Wills, Chairman and CEO of Tektronix, in which management will discuss fourth quarter and full year financial results and future outlook.

Webcast Information

The fourth quarter earnings conference call will be broadcast live over the Internet at 1:30 p.m. Pacific. The call can be accessed via Tektronix' website at http://www.tektronix.com/ir. The call will remain available on this site for one year.

About Tektronix

Tektronix is a leading supplier of test, measurement, and monitoring products, solutions and services for the communications, computer, and semiconductor industries -- as well as military/aerospace, consumer electronics, education and a broad range of other industries worldwide. With 60 years of experience, Tektronix enables its customers to design, build, deploy, and manage next-generation global communications networks, advanced and pervasive technologies. Headquartered in Beaverton, Oregon, Tektronix has operations in 19 countries worldwide. Tektronix' Web address is http://www.tektronix.com/.

Tektronix is a registered trademark of Tektronix, Inc. All other trade names referenced are the service marks, trademarks or registered trademarks of their respective companies.

Tektronix, Inc.

CONTACT: media, Alisha Goff, +1-503-627-7075, Alisha.Goff@tektronix.com,
or analysts, Paul Oldham, +1-503-627-4027, Paul.R.Oldham@tektronix.com, both
of Tektronix, Inc.

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

NAVTEQ Features Impressive Line-up of Customer Solutions at the 2007 ESRI International User ConferenceNAVTEQ Field Vehicles Collect Data in a Live Environment

CHICAGO, June 14 /PRNewswire-FirstCall/ -- NAVTEQ , a leading global provider of digital map data for vehicle navigation and location-based solutions (LBS), will feature an array of customer solutions and end-user presentations at the 2007 ESRI International User Conference in San Diego, CA (booth #701), June 18-22, 2007. Additionally, NAVTEQ field vehicles will be located outside of the San Diego Convention Center (Hall B); offering rides with geographic analysts to see first-hand how digital map data is collected in a live environment. 2007 marks the first year that NAVTEQ is both a Gold Sponsor of the ESRI International User Conference and of the Federal Reception.

Customer presentations will be delivered on Tuesday and Wednesday in NAVTEQ booth 701 and will touch on a variety of topics including Federal, State and Local Government; Workforce Management and Optimization; Business Intelligence; and Map Enhancement Tools.

Federal Government presenters include: -- Ardent Management Consulting: Integrated Common Analytical Viewer (iCAV) The Integrated Common Analytical Viewer (iCAV) system is a web-based geospatial analytical and situational awareness system that helps the Department of Homeland Security mission partners to better prepare, prevent, respond and recover from natural and man-made disasters. -- GeoDecisions: Using NAVTEQ Data for Logistics and Transportation Security -- IRRIS IRRIS is an innovative, award winning, web-based application developed for the Department of Defense that focuses on situational awareness, collaboration, incident management, logistics, transportation security, cargo security, data integration, analysis, reporting, cargo tracking, vehicle tracking, and emergency management activities by using NAVTEQ(R) data at its core. State and Local Government presenters include: -- City of Alpharetta, Georgia: NAVTEQ Data and Local Government Applications The City of Alpharetta uses NAVTEQ data in many applications across several city departments, including Police and Fire and the Department of Engineering and Public Works. -- American Digital Cartography, Inc.: NAVTEQ Data for Small and Mid-Sized Public Agencies An overview of the top five reasons that small and mid-sized public agencies choose NAVTEQ data, including examples of actual end-users who utilize NAVTEQ Telecom for NAVSTREETS(TM) in web applications and/or internal use. Agencies highlighted will include public transportation, counties, cities, school systems, sanitation and water districts. -- ADASHI: Command Presence, Resource Control, and Communication Interoperability through ADASHI First Response Software Coordinating fire, police, and EMS regional response has become a critical responsibility for first responders. This goal can be achieved by building upon existing voice and data networks using novel software solutions from ADASHI and NAVTEQ. -- Bradshaw Consulting: Getting There is Half the Battle The MARVLIS suite of integrated GIS software products from Bradshaw Consulting is a complete solution for dynamically managing and deploying public safety resources to consistently meet response time requirements while reducing costs. -- GIS Solutions: Conflating Transportation Inventory Data to NAVTEQ Streets The State of Illinois Department of Transportation, with GIS Solutions and NAVTEQ data, has developed a statewide network that can be shared across not only its bureaus, but with other state agencies and local governments for geocoding, incident management and tracking, and additional layer development. Presenters focusing on Workforce Management and Optimization: -- MapFrame Corporation: Storm Response and Your ESRI ArcGIS Dominion's ESRI ArcGIS, NAVTEQ data, and FieldSmart mobile mapping and field automation software work together to create an easy-to-use tool for scouting, gathering and documenting storm damages from the field. -- Routesmart Technologies: The Value of Accurate Data for Utility Meter Reading Efficiencies NAVTEQ street data is used by utilities for balancing and sequencing meter read workloads and cycles. Real world client case studies illustrate the importance of accurate street data to obtaining operational results. Business Intelligence presenters include: -- Geotel Communications: Know the Fiber Landscape-demand for Telecommunications Infrastructure to Support Business Intelligence Geotel's expertise in fiber metro routes and fiber lit buildings allows users within a GIS environment to easily visualize their entire network as well as other carriers' assets. NAVTEQ telecom products help to provide an understanding of current areas of market penetration and competitive threats. -- IBM: IBM & NAVTEQ: Working Together Learn how NAVTEQ detailed map data brings significant benefits to IBM's enterprise database users by providing a globally consistent specification for geocoding, street level network-based analysis and cartographic visualization. -- Intelligent Direct: Zip Code Data that Works in Your Organization Organizations have a wealth of information categorized by ZIP Codes and other postal geographies. Frequent applications include correlation with demographic data, client/stake holder profiling, target marketing, delivery planning and territory management. -- Proxix: Parcel Boundaries Redefining Geocoding Accuracy -- PxPoint By utilizing NAVTEQ Parcel Boundaries as an additional data source, the Proxix PxPoint geocoder can deliver greater positional accuracy than using just address interpolation while providing the basis for specialized spatial processing. With PxPoint's ability to geocode using NAVTEQ Parcel Boundaries and NAVTEQ Telecom for NAVSTREETS products, clients are able to map and analyze the actual geographic location of clients, buildings, physical plants, infrastructure and assets for making smarter business decisions. -- Tetrad Computer Applications: Site Selection and Market Planning Using PCensus PCensus integrates demographic data and ArcGIS to create a powerful mapcentric demographic analysis system. Designed specifically to analyze customers and markets, PCensus enables you to combine customer data with demographics and NAVTEQ maps for accurate market analysis. Presenters focusing on Map Enhancement Tools: -- DigitalGlobe: DigitalGlobe Content Solutions DigitalGlobe is the world leader for global earth imagery. Its geospatial content solutions are imagery-enabling the enterprise to achieve greater clarity in decision making through desktop applications, intranets, remote handheld devices and web applications. -- Tier 3 Incorporated: Spatial Adjustment and Maintenance of Proprietary Data to NAVTEQ Streets The accurate geospatial adjustment of proprietary data to NAVTEQ street centerlines offers significant benefits towards achieving an enterprise GIS IT asset. Learn how enhancing the accuracy and integration of customer data add substantial value and ROI in your GIS/NAVTEQ investment.

Besides the featured presentations, NAVTEQ and Traffic.com, a NAVTEQ company, will have TrafficML, JamCast(R), and NeXgen(TM) on display. These products emphasize the uniquely comprehensive process of collecting, integrating, testing and distributing traffic information while linked to the NAVTEQ map.

"NAVTEQ is excited to be an integral part of the 2007 ESRI International User Conference along with some of our most innovative customers and end users," commented Roy Kolstad, Vice President - Enterprise, NAVTEQ. "Through this year's activities, we will also illustrate how our map data is collected in a live environment and applied in real-life solutions to create the most comprehensive database available."

About NAVTEQ

NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has approximately 2,800 employees located in 167 offices and in 28 countries.

NAVTEQ, NAVSTREETS, and Telecom for NAVSTREETS are trademarks in the U.S. and other countries. (C) 2007 NAVTEQ. All rights reserved.

This document may include certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" or words of similar meaning. The statements are based on our current beliefs or expectations and are inherently subject to various risks and uncertainties, including those set forth under "Item 1A. Risk Factors" in each of the Company's Annual Report on Form 10-K for the year ended December 31, 2006 and the Company's Quarterly Report on Form 10-Q for the quarter ended April 1, 2007, as filed with the Securities and Exchange Commission.

Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. NAVTEQ does not undertake any obligation to update any forward-looking statements contained in this document.

(Photo: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGO)

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com NAVTEQ

CONTACT: Jennifer Schuh of NAVTEQ, +1-312-894-3913,
jennifer.schuh@navteq.com, or Bob Richter, +1-212-802-8588,
bob@richtermedia.com, for NAVTEQ

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

Salon City, Inc. Inks Molecule Design Studios to Finalize All-New SalonCity.comThe Venice, CA based firm will complete the Site's Interactive Social Network for summer

WEST HOLLYWOOD, Calif., June 14 /PRNewswire-FirstCall/ -- Salon City, Inc. announced it has entered into a contractual agreement with Molecule Design Studios of Venice, CA to take Salon City's new web site "live" this summer.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061218/LAM055LOGO)

Lucas Cardona, President and Cofounder of Molecule stated, "We're energized to be working with Salon City. They represent a highly scalable brand name that is fresh in the interactive social network scene. Our first phase will prepare SCI's new look and feel to symbolize SCI's reputation for sophistication and style. We are introducing creative new elements that support their message that 'life is beautiful.' Viewers are about to see why Salon City is fast becoming America's Newest Lifestyle Destination."

Steven Casciola, president and CEO of Salon City adds, "the power of the Internet brand of Salon City is virtually unlimited. Along with our publishing, we will capitalize on our global audience and begin marketing to conscious consumers who have an increasing appetite for infotainment that they can trust."

Salon City also has a professional network that reaches thousands of high-end salons and spas across the country who are being invited to brand themselves under the Salon City 'Star' program.

Casciola explained, "We are offering independent salons an opportunity to work alongside (gaining the association of Salon City's umbrella brand without losing their own identity) the first publicly traded media company to brand the professional salon industry to the public. We will brand salons and work closely with various manufacturers and distributors they are aligned with -- and synergistically -- we'll offer consumers a destination with compelling reasons to purchase from Salon City."

Salon City Magazine is nationally distributed by Time Warner Retail, a Time Warner Company ; and internationally by Kable News Distribution, an AmRep company , in more than 30 countries around the world.

To learn more about Salon City, Inc.'s plans, investors are invited to listen in on the company's weekly conference calls, Thursdays at 4 p.m. EDT. Investors should call 605-725-1900 (long-distance charge applies) and use code 010405.

For more information on the Company, please visit the Company's website at http://www.saloncity.com/. To be added to Salon City's investor e-mail list, please send an e-mail to our Investors Relations Department at info@saloncity.com.

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

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20061218/LAM055LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Salon City, Inc.

CONTACT: Steven G. Casciola, President and CEO, +1-310-402-2819, or
Janis Hashe, Corporate Communications, +1-423-622-2862, both of Salon City,
Inc.

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

Interphase and Surf Complete I-TDM Interoperability Enabling Multi-Media Solution Delivery on AdvancedTCA(R) and MicroTCA(TM) Platforms- Joint Solution Enables Cost-Effective Development of IP-to-TDM Applications for VoIP, 3G and IMS Networks

PLANO, Texas and YOKNE'AM, Israel, June 14 /PRNewswire-FirstCall/ -- Interphase Corporation , a leading provider of robust building blocks, highly integrated subsystems and innovative gateway appliances for the converged communications network, and Surf Communication Solutions ("Surf"), a leading developer of high-capacity multimedia processing boards for the telecommunication infrastructure market, today announced successful integration of I-TDM functionality between the Interphase Advanced Mezzanine Card ("AMC") iSPAN 3639 communications controller and the Surf AMC DSP multimedia processing farm. This integration enables customers to develop media gateways, media servers and mobile gateway applications for converged networks on AdvancedTCA ("ATCA"), MicroTCA and IBM BladeCenter(R) platforms.

"The interoperability and integration of the Surf and Interphase AdvancedMC solutions is a significant milestone in our efforts to deliver fully interoperable and integrated solutions to the marketplace", said Greg Kalush, president and CEO at Interphase Corporation. "This effort demonstrates the robustness of the AdvancedTCA and MicroTCA ecosystem and reaffirms our commitment to work with partners like Surf to deliver product solutions that enhance the ability of our customers to integrate off the shelf products and reduce the time to market for the end network equipment that are being rapidly deployed into the emerging, 3G, IMS and VoIP infrastructure."

"The success of our joint project to support I-TDM enables our customers to develop scalable and cost-effective media gateways, media servers, and other IP-to-TDM applications," commented Eyal Zagagi, president and CEO of Surf Communication Solutions. "It is also an affirmation of Surf's commitment to bring great value to our customers and partners by integrating with leading line card vendors, such as Interphase."

The integrated solution utilizes I-TDM technology, which creates a flexible, scaleable and robust solution for the telecommunications market. The fully integrated subsystem solution features the Interphase iSPAN 3639 Multiprotocol T1/E1/J1 AMC Communications Controller together with the SurfRider/AMC(TM) multimedia processing DSP resource board. The Surf multimedia processing solution utilizes Texas Instruments (TI) state-of-the- art TMS320C64xTM DSP generation to deliver ultra-dense processing at low operating costs and a 'swap-in/swap-out' flexibility.

Motorola's Embedded Communications Computing business, Surf Communication Solutions and Interphase Corporation recently completed a demonstration of the integrated product features on Motorola's Centellis(TM) 1000 MicroTCA platform at the MicroTCA summit in Baltimore.

At the NXTcomm expo in Chicago from June 19 to June 21, Interphase will be demonstrating the I-TDM technology integration on a Motorola 31KX AdvancedTCA platform with the AdvancedMCs hosted on the iNVAV 31K 10GE carrier at the Interphase booth #3877. Interphase will be showcasing its complete portfolio of AdvancedTCA and AdvancedMC solutions at the show in its booth as well as in the PICMG pavilion #4257AA. Surf will be demonstrating a variety of multimedia telecom applications based on its complete line of multi-media processing platforms and solutions in the Surf booth #3875 as well as in the PICMG pavilion #4257V. Motorola will demonstrate the applicability of some of its market-leading ATCA and MicroTCA communications servers as a common platform for a wide range of telecommunication infrastructure applications in the Motorola booth #2831.

About Interphase Corporation

Interphase Corporation is a leading provider of robust building blocks, highly integrated subsystems and innovative gateway appliances for the converged communications network. Building on a 30-year history of providing advanced I/O solutions for telecom and enterprise applications and addressing the need for high speed connectivity, Interphase has established a key leadership role in delivering next generation AdvancedTCA(R) (ATCA), MicroTCA(TM) and AdvancedMC(TM) (AMC) solutions to the marketplace. Headquartered in Plano, Texas with sales offices across the globe, Interphase clients include Alcatel, Ericsson, Fujitsu Ltd., Hewlett Packard, Lockheed Martin, Lucent Technologies, Motorola Inc., Nortel Networks Ltd. and Samsung. Interphase is a contributor member of the Scope Alliance and the Communications Platform Trade Association (CP-TA). Additional information about Interphase and its products is available on the company's Web site at http://www.interphase.com/.

Interphase is an Affiliate member of the Intel(R) Communications Alliance. The Intel Communications Alliance is a member-based program comprised of communications and embedded developers and solution providers. Members are committed to providing a strategic supply of standards-based solutions to the communications and embedded market segments. For more information, please visit: http://www.intel.com/go/ica.

About Surf Communication Solutions

SURF Communication Solutions(R) develops a suite of hardware and software products that drives a wide variety of applications whose common goal is high- capacity distribution of voice and video. These applications are predominantly developed by media gateway, media server and IMS equipment manufacturers in the telecommunication infrastructure field.

The Surf engine is an off-the-shelf fully converged audio/video media processing subsystem that integrates easily into media gateways and servers. It is available in various integration levels, such as AdvancedMC, PTMC, PCI Express and PCI form factor resource boards or DSP chips, which are pre- integrated with leading AdvancedTCA, MicroTCA and cPCI carrier boards and blades. For more information, visit http://www.surf-com.com/.

Trademarks

SurfRider/AMC and SurfUP are trademarks of SURF Communication Solutions. Interphase, iNAV, iSPAN, the Interphase logo and the "Designed to Perform, Designed to Last." tagline are trademarks or registered trademarks of Interphase Corporation. All other product or service names mentioned herein are the trademarks of their respective owners.

Interphase PR Contact: Julie Parenzan Interphase Corporation +214-654-5000 pr@iphase.com Surf PR Contact: Ruth Bridger Surf Communication Solutions +972-73-7140700 pr@surf-com.com

Surf Communication Solutions Ltd

CONTACT: Julie Parenzan, Interphase Corporation, +1-214-654-5000,
pr@iphase.com; Ruth Bridger, Surf Communication Solutions, +972-73-7140700,
pr@surf-com.com

Web site: http://www.surf-com.com/
http://www.intel.com/go/ica

Globalstar Awarded WSCA State Cooperative Contract for Purchase of Satellite Products and ServicesAgreement enables participating states to achieve cost-effective and efficient acquisition of Globalstar satellite voice and data services

MILPITAS, Calif., June 14 /PRNewswire-FirstCall/ -- Globalstar, Inc. , a leading provider of mobile satellite voice and data services to businesses, government, and individuals, today announced that it has successfully completed negotiations with the State of Utah and has been awarded a Western States Contracting Alliance (WSCA) contract for the purchase of Globalstar satellite voice and data products and services. The new agreement is known as a WSCA Cooperative Contract and was signed with the State of Utah acting as the Lead State for the WSCA contract. It provides for specific hardware and service discounts on purchases of Globalstar products made by participating state government agencies.

Participating WSCA states can use the contract for any state level government purchases of Globalstar satellite communications hardware and airtime, after signing the appropriate participating addendum. The three-year contract goes into effect immediately and contains three one-year options for WSCA to extend it for a total of six years, at the discretion of WSCA and based on mutual acceptance.

"We are extremely pleased that Globalstar and the WSCA have reached this agreement as it demonstrates the continued confidence our government customers have in Globalstar," said Dennis Allen, Senior Vice President for US Sales and Marketing for Globalstar, Inc. Mr. Allen added, "Many state level government customers have shown a keen interest in recently announced products such as the AXTracker MMT simplex data modem. With this agreement Globalstar is now more effectively positioned to provide all agencies of participating state governments with satellite voice and data services."

The Western States Contracting Alliance (WSCA) was formed in October 1993 by the state purchasing directors from various western states. The primary purpose is to establish the means by which participating states may join together in cooperative multi-State contracting in order to achieve cost- effective and efficient acquisition of quality products and services. WSCA member state coverage for this contract includes 49 states minus Hawaii.

For additional Globalstar sales information regarding this agreement or for information regarding the WSCA purchase of Globalstar products and services, please contact Donnie Hatch at +1-360-834-7972 or via email at Donnie.hatch@globalstar.com

About Globalstar, Inc.

With over 250,000 activated satellite voice and data units, Globalstar offers satellite services to commercial and recreational users in more than 120 countries around the world. The Company's voice and data products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational users. Globalstar data solutions are ideal for various asset tracking, data monitoring and SCADA applications.

For more information regarding Globalstar, please visit Globalstar's web site at http://www.globalstar.com

Globalstar, Inc.

CONTACT: Dean Hirasawa of Globalstar, Inc., +1-408-933-4006,
Dean.hirasawa@globalstar.com

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

SGI Technology Powers L'ecole Gobelins Final Push for 31st Annual Annecy International Animation FestivalRendering Deadlines for Millions of HD Images Easily Realized with SGI Altix XE Systems, PipelineFX Qube!(TM) Render Farm Management and Microsoft Windows Compute Cluster Server

SUNNYVALE, Calif., June 14 /PRNewswire-FirstCall/ -- To render millions of high-definition image files in time for opening night festivities of the famed Annecy 2007 International Animation Festival, June 11-16 in Annecy, France, Gobelins, l'ecole de l'image ("school of the image"), utilized a powerful combination of servers, cluster management software and render management software from SGI and SGI partners.

Introduced by SGI at NAB 2007 as a high-performance package for media production and other rendering application segments, this is the first installation of SGI(R) Altix(R) XE cluster systems based on Dual-Core Intel(R) Xeon(R) 5000 processors, running Microsoft(R) Windows(R) Compute Cluster Server (CCS) 2003, and PipelineFX Qube!(TM) render farm management software. Gobelins chose to render student animations in full HD for the first time, making the selection of this powerful combination of technology a necessity.

PipelineFX Qube! is the leading render farm management software for film production, game development, and digital media education. SGI Altix XE clusters leverage SGI's expertise in high-performance computing to provide solutions that are transparent across mixed workflows. Windows CCS provides an enterprise-class high-performance computing operating environment. Ideal for production facilities that use Microsoft Windows applications, this solution accelerates workgroup productivity and collaboration.

"At the moment, it's the final rush; during the past five months everything possible has been done to meet the delivery schedule for these shorts (plot, story board, decors, characters, animation, etc.) on time," said Christian Fodere, IT Manager at Gobelins. "The only thing we had left to do was render the images, which make up the films and which, for the first time, were produced in full HD. Needless to say, the 50 students concerned are counting on the render farm solution the school, working with SGI, has set up so that the deadlines are met. Our render farm consists of Qube! software and an SGI Altix XE cluster running Windows Compute Cluster Server 2003, which are going full speed ahead to meet the crunch and deliver the highest quality animated films, on time."

Gobelins, l'ecole de l'image, is a school of visual communication operated by the Chamber of Commerce and Industry of Paris. It offers both basic and professional training in multimedia (web design, interactive projects), photography, graphic arts, industrial graphics (traditional and digital printing), video and animation (hand-drawn, digital and 3D).

The animation department was founded over 30 years ago to prepare artists for the needs of the emerging French animation film industry. Working professionals, taking time out from their busy schedules in studios and production companies, teach nearly 90% of the courses. Numerous Gobelins graduates of the animation course currently work in major studios around the world and are prized for their creative and technical excellence as well as their professional level.

The Annecy International Animation Festival, held June 11-16, 2007, is the number one international competitive festival. For over 45 years the town has been showing off the very best in the art during six days of animated festivities. Annecy is one of the high points of studies at Gobelins. For more than 20 years, the school's animation students have created curtain-raisers for this worldwide gathering. The animated shorts from prior years are available for viewing on the Web at http://www.gobelins.fr/galerie/animation/

Gobelins, l'ecole de l'image, utilized a four node SGI Altix XE cluster with Dual-Core Intel Xeon processors (32 processors total) to process animations running on Microsoft(R) Windows(R) Compute Cluster Server 2003 (64-bit processing), and PipelineFX Qube! 5.1 render farm management software. The solution was set up in association with the informatics teams from the school, systems integrator Caliseo IDF of France and SGI France.

"Gobelins is world-renowned for closely monitoring the constant changes -- technical, artistic and organizational -- that characterizes the animation industry in order to prepare students and trainees today for both the current and future skills required by the professional world of animation production," said Floyd Christofferson, senior business development manager, Media and Entertainment at SGI. "Gobelins has chosen a powerful solution from SGI and our strategic partners that will indeed prepare those students with the best technology has to offer -- now, and into the future."

"We are proud to work with a noted animation school like Gobelins," said Troy Brooks, CEO of PipelineFX. "Their students' work speaks for itself in terms of quality, story and entertainment value. They really push the envelope in an educational environment and are taking advantage of Qube!'s ability to maximize the throughput on their hardware, and make the best use of their time. Their students will be completely prepared to enter a professional environment, after their experience at Gobelins."

About Qube! and PipelineFX

Qube!(TM) is the leading enterprise-class render farm management system for film and game production. Qube! is highly customizable, scalable and can be integrated into any production workflow. Qube! has custom pipelines for creative applications like Autodesk(R) 3ds Max(R), Autodesk Maya(R), SOFTIMAGE(R)|XSI(R), Shake(R), Adobe(R) After Effects(R) and many more. Qube! operates in Linux(R), Windows(R) XP, 2000 and 2003, Linux(R) and Mac OS(R)X environments. PipelineFX, with headquarters in Honolulu, HI, and offices in San Francisco, CA and Vancouver, B.C. Canada was founded in 2002. Qube! is used by world-class studios and universities around the world including South Park Studios, Electronic Arts, Buena Vista Games, DKP, ReelFX, Guava Graphics, and Radical Entertainment the School of Visual Arts in N.Y., Carleton School of Architecture, Full Sail in Florida, the University of Advancing Technology, Pratt Institute, and the University of Hawaii-Academy for Creative Media. More information can be found on the Web at http://www.pipelinefx.com/.

SGI - Innovation for Results(TM)

SGI is a leader in high-performance computing. SGI delivers a complete range of high-performance server and storage solutions along with industry-leading professional services and support that enable its customers to overcome the challenges of complex data-intensive workflows and accelerate breakthrough discoveries, innovation and information transformation. SGI solutions help customers solve their computing challenges whether it's enhancing the quality of life through drug research, designing and manufacturing safer and more efficient cars and airplanes, studying global climate, providing technologies for homeland security and defense, or helping enterprises manage large data. With offices worldwide, the company is headquartered in Sunnyvale, Calif., and can be found on the Web at http://www.sgi.com/.

(C) 2007 SGI. All rights reserved. SGI, Altix, the SGI cube and the SGI logo are registered trademarks of SGI in the United States and/or other countries worldwide. Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries. Qube! is a trademark of PipelineFX, LLC. Intel and Xeon are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries. Linux is a registered trademark of Linus Torvalds in several countries. All other trademarks mentioned herein are the property of their respective owners.

This news release contains forward-looking statements regarding SGI technologies and third-party technologies that are subject to risks and uncertainties. These risks and uncertainties could cause actual results to differ materially from those described in such statements. The reader is cautioned not to rely unduly on these forward-looking statements, which are not a guarantee of future or current performance. Such risks and uncertainties include long-term program commitments, the performance of third parties, the sustained performance of current and future products, financing risks, the ability to integrate and support a complex technology solution involving multiple providers and users, and other risks detailed from time to time in the company's most recent SEC reports, including its reports on Form 10-K and Form 10-Q.

MEDIA CONTACT Lisa Pistacchio pistacchio@sgi.com 650.933.5683 SGI PR HOTLINE 650.933.7777 SGI PR FACSIMILE 650.933.0714

SGI

CONTACT: Lisa Pistacchio of SGI, +1-650-933-5683, pistacchio@sgi.com

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

Lionbridge Sponsors California State University, Chico Localization Program for the Second Year; Awards Three Program ScholarshipsLionbridge Chief Marketing Officer to Lead Session on the Future of the Localization Industry

WALTHAM, Mass., June 14 /PRNewswire-FirstCall/ -- Lionbridge Technologies, Inc., , today announced its continued sponsorship of the new Localization Certification Program from California State University (CSU), Chico. Now in its second year, The Localization Certification program aims to provide students interested in the localization and language profession with an intensive, hands on program designed to give them readily marketable skills upon graduation. The 2007 program culminates with a three-day Summer Workshop, June 12-14, 2007, on the CSU Chico campus. As a global leader in localization services, Lionbridge is working closely with CSU Chico to provide education and training in advanced Localization and International eBusiness to help students and businesses compete in the new global networked economy.

As part of Lionbridge's ongoing commitment to the program, the company also announced it has named CSU Chico students Lauren Moreno, Matt Thompson, and Harjit Phagura as recipients of its annual program scholarship. The students were honored for their achievements, coursework, and interests in the areas of localization and global business.

"As companies rapidly expand their global operations and the notion of a multi-national organization is radically transformed, businesses require professionals who are well versed in global operating strategies. As the largest localization services provider in the world focused on the private sector, Lionbridge brings tremendous global expertise to our curriculum and we welcome their continued support and collaboration," commented Nitish Singh, CSU, Chico associate professor, director of the College of Business Localization Program, and author of "The Culturally Customized Web Site."

Participants in the program will receive a "triple" certification from CSU, Chico RCE, the Globalization and Localization Association (GALA), and The Localization Institute. Localization is an emerging, multi-discipline field that focuses on how organizations develop linguistically and culturally appropriate software, marketing, web sites, strategies and messages for a diverse global audience. Professionals charged with international marketing, translation, localization and other business functions must now possess a blend of industry-specific knowledge, technical e-business skills, language translation management experience, and a cultural understanding of the people and markets they serve.

The Summer Workshop features 24 hours of on-site instruction, discussions hosted by industry leaders including Lionbridge's Chief Marketing Officer Kevin Bolen, who is also a Visiting Professor at the school. Bolen will address how the localization industry has evolved as global markets expand, and will take a critical look at the future of the industry.

"The feedback from the program in 2006 was overwhelmingly positive," said Kevin Bolen, Chief Marketing Officer Lionbridge. "Professor Singh has developed a world-class program that brings together many of the disciplines that are required to be a truly global-worker. As businesses shift from multi-national style conglomerates to streamlined global organizations, localization and globalization issues are touching nearly every aspect of their business. This program continues to prepare individuals in all fields to expand their skills and add greater strategic value to their organizations."

To learn more about the Localization Program at CSU Chico, visit http://www.csuchico.edu/localize.

About Lionbridge

Lionbridge Technologies, Inc. is a leading provider of globalization and testing services. Lionbridge combines global resources with proven program management methodologies to serve as an outsource partner throughout a client's product and content lifecycle - from development to globalization, testing and maintenance. Global organizations in all industries rely on Lionbridge services to increase international market share, speed adoption of global products and content, and enhance their return on enterprise applications and IT system investments. Based in Waltham, Massachusetts, Lionbridge maintains solution centers in 25 countries and provides services under the Lionbridge(R) and VeriTest brands(R). To learn more, visit http://www.lionbridge.com/.

Contact: Aaron Dun Jason King Lionbridge Lois Paul & Partners (781) 434-6158 (781) 782-5793 aaron.dun@lionbridge.com jason_king@lpp.com

Lionbridge Technologies, Inc.

CONTACT: Aaron Dun of Lionbridge Technologies, Inc., +1-781-434-6158,
aaron.dun@lionbridge.com; or Jason King of Lois Paul & Partners,
+1-781-782-5793, jason_king@lpp.com, for Lionbridge Technologies, Inc.

Web site: http://www.lionbridge.com/
http://www.csuchico.edu/localize

Schwab Reports Monthly Activity Highlights

SAN FRANCISCO, June 14 /PRNewswire-FirstCall/ -- The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of May 2007 include:

-- Net new assets brought to the company by new and existing clients in May 2007 totaled $10.7 billion. In addition, effective May 2007, total client assets include balances covered by 401(k) recordkeeping-only services related to the March 2007 acquisition of The 401(k) Company. This adjustment increased May net new assets and total client assets by $5.2 billion, resulting in overall net new assets of $15.9 billion. -- Total client assets were $1.389 trillion as of month-end May, up 24% from May 2006 and up 4% from April 2007. -- Client daily average trades were 265.0 thousand in May 2007, down 12% from May 2006 and up 3% from April 2007. About Charles Schwab

The Charles Schwab Corporation is a leading provider of financial services, with more than 300 offices and 6.9 million client brokerage accounts, 1,128,000 corporate retirement plan participants, 165,000 banking accounts, and $1.4 trillion in client assets. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, http://www.sipc.org/), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through its Schwab Institutional division. The Charles Schwab Bank, N.A. (member FDIC) provides banking and mortgage services and products. CyberTrader(R), Inc. (member SIPC, http://www.sipc.org/) is an electronic trading technology and brokerage firm providing services to highly active, online traders. More information is available at http://www.schwab.com/.

Charles Schwab

CONTACT: Media, Greg Gable, +1-415-636-5847, or Investors-Analysts,
Mike Canady, +1-415-636-9803, both of Charles Schwab

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

Lexmark, Ipsos research: Who is working wirelessly at home?

LEXINGTON, Ky., June 14 /PRNewswire-FirstCall/ -- Research commissioned by Lexmark International, Inc. and carried out by global pollster Ipsos shows differences among respondents in 18 countries regarding their tendencies to work at home. The online survey conducted by Ipsos comprised 9,000 tech-savvy home computer users.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020819/LEXMARKLOGO )

Ninety percent of respondents said they believe wireless networks will be important to everyday life in their homes over the next five years. Forty percent of respondents said they have already installed wireless networks in their homes and said they use their wireless networks to connect numerous devices and to support a broad range of activities.

Of those with wireless networks at home, 47 percent of respondents worldwide said that the technology enables them to perform work-related activities in the home. Responses by country varied (differences of 5 percent or more are statistically significant):

-- Poland, 76 percent -- Mexico, 72 percent(1) -- South Africa, 63 percent(1) -- Austria, 62 percent -- Denmark, 60 percent -- United States, 60 percent -- Germany, 51 percent -- Canada, 50 percent -- Australia, 50 percent -- Brazil, 49 percent(1) -- U.K., 45 percent -- Netherlands, 45 percent -- Spain, 44 percent -- Switzerland, 41 percent -- Belgium, 28 percent -- Italy, 14 percent -- Japan, 14 percent -- France, 9 percent

"Harnessing the full productivity of your wireless home network requires that you be able to print wirelessly as well. That's where Lexmark comes in. Our new line of wireless inkjet printers will take the pain out of wireless printing by making it easy and affordable," said Najib Bahous, Lexmark vice president and president of its Consumer Printer Division.

Until now, consumers have been slow to embrace wireless printing because of the high price of the wireless printers in the market and the complexity involved in their installation and use.

With the introduction of its 2007 inkjet product line, Lexmark will offer the broadest, most affordable range of wireless printers in the market. Pricing starts at $79.99(2).

Wireless printing enables users to print with the same freedom and mobility they enjoy when working on a wireless laptop computer. Users can place the printer anywhere in the home covered by their wireless networks. In addition, multiple computer users can enjoy the added convenience of sharing the same wireless printer, eliminating the need for multiple devices.

Methodology

Ipsos conducted the online survey of its panelists Feb. 16-24, 2007. The survey included 500 respondents in each of 18 countries for a total of 9,000 respondents. Panelists in Mexico, South Africa and Brazil were from the countries' main cities. Respondents were demographically aligned to match the demographics of home computer owners in each of the countries. Each country was given an equal weight in worldwide results. The survey has a 95 percent confidence level +/- 5 percent.

About Lexmark

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

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

(1) Panelists in Mexico, South Africa and Brazil are from the countries' main cities. (2) All prices are estimated street prices in U.S. dollars - actual prices may vary.

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

CONTACT: Shannon Lyman of Lexmark International, Inc., +1-859-232-5532,
slyman@lexmark.com

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

UTStarcom Builds On Broadband Success in Europe With New Contract From Tiscali ItaliaUTStarcom iAN8K to Support Delivery of Triple Play Services in Italy

ALAMEDA, Calif., June 14 /PRNewswire-FirstCall/ -- UTStarcom, Inc. , a global leader in IP-based, end-to-end networking solutions and services, today announced a contract to supply its iAN8K(R) B1000 Multiservice Access Node / Gateway (MSAN / MSAG) to Tiscali Italia S.p.A., the Italian operation of Tiscali, one of the main European independent telecommunication companies. Tiscali Italia will deploy over 350,000 lines of UTStarcom's iAN8K(R) B1000 to support the delivery of high-speed data, voice over IP (VoIP) and IPTV services to all major markets in Italy.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO )

"UTStarcom's iAN8K B1000 MSAN technology improves our network efficiency and management by enabling us to support the full range of multimedia services Tiscali offers its customers on a single, IP-based platform," said Andrea Podda, chief technology officer at Tiscali Italia. "UTStarcom's iAN8K solution also enables us to deliver VDSL and PON access. Additionally, UTStarcom showed great flexibility in customizing the solution and adapting their product's VoIP protocols to work seamlessly with our VoIP Class 5 softswitch and other existing elements installed in our network."

In July 2006, UTStarcom announced that it had deployed more than one million broadband access ports in Europe with carriers in France, Italy, Germany, Belgium, the Netherlands, the Czech Republic and Austria. Tiscali has been a broadband customer of UTStarcom's since 2004, when it selected UTStarcom's AN-2000(TM) IP DSLAM to serve as the cornerstone of its multiservice broadband network in delivering ADSL2+, a first for any operator in Italy.

"UTStarcom is a key provider of broadband access technologies to Tiscali Italia with more than 300,000 ports deployed to date," said Youssef Kassissia, UTStarcom's vice president of sales for the EMEA region. "This new contract will more than double our installed base in Tiscali's network, further proof of Tiscali's complete confidence in UTStarcom to provide reliable broadband access and VoIP solutions that integrate seamlessly into their network to help drive revenue-generating services."

About UTStarcom's iAN8K(R) B1000 Multiservice Access Node / Gateway

UTStarcom's iAN8K(R) B1000 MSAN is a multimedia network edge gateway supporting broadband and Voice over IP (VoIP) services on a single, unified platform that enables carriers to deploy IP- based services like high-speed Internet access, VoIP and IPTV multimedia services. The iAN8K was designed for highly efficient, converged service delivery across an evolving networking landscape. This solution expands the capacity and performance of narrowband, broadband and transport solutions. UTStarcom's wireline broadband product offering also includes NetRing MSTP optical transport platforms, an extensive FTTx portfolio, and the industry leading RollingStream(TM) IPTV and multimedia delivery system.

About Tiscali

Tiscali S.p.A. (Borsa Italiana, Milan: TIS) is one of the main independent European telecommunication companies. With one of the largest and most interconnected IP networks in the world, Tiscali is able to supply its customers, residential and business, with a full range of services: Internet access, both dial-up and ADSL, voice, VoIP, media, value added services (VAS), and other technologically advanced products.

As of 31st March 2007, Tiscali had 3.4 million active users in Italy and the UK. More than 1.9 million were ADSL customers, of which 700,000 received unbundled services.

Tiscali's corporate website can be found at http://www.tiscali.com/. About UTStarcom, Inc.

UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company develops, manufactures and markets its broadband, wireless, and terminal solutions to network operators in both emerging and established telecommunications markets worldwide. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. UTStarcom was founded in 1991 and is headquartered in Alameda, California, the company has research and development centers in the USA, Canada, China, Korea and India. For more information about UTStarcom, visit the company's Web site at http://www.utstar.com/.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the anticipated expansion of the telecommunications provider's network in Italy using the Company's products, the anticipated growth in demand for services that utilize the Company's products, continued product development, product delivery and any unforeseen technical difficulties related to the installation and integration of the product in the provider's network are forward-looking in nature and are subject to risks, uncertainties and other factors that may cause actual results to differ materially. These factors include rapidly changing technology, the rapidly changing nature of the telecommunications market in Italy, possible delays in system deployments, possible delays in product transition and delivery, unforeseen technical difficulties in installation and operation, and other uncertainties such as changes in government regulation, licensing requirements, and economic and political stability in Italy. UTStarcom also refers readers to the risk factors identified in its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission.

Photo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com UTStarcom, Inc.

CONTACT: Andy Tennille, Senior Manager, Public Relations of UTStarcom,
Inc., +1-510-814-4421, andy.tennille@utstar.com

Web site: http://www.utstar.com/
http://www.tiscali.com/

FileMaker Pro 8.5 for eBay Stores Demonstrated at eBay Live! 2007Integrating FileMaker Pro 8.5 database software and eBay File Exchange helps sellers be more productive and profitable

BOSTON, June 14 /PRNewswire-FirstCall/ -- eBay Live! 2007 -- FileMaker will show eBay sellers how to efficiently manage their sales and business at the eBay Live! 2007 (Booth 856) conference, June 14-16, at the Boston Convention and Exhibition Center, Boston, Massachusetts (http://pages.ebay.com/eBayLive/).

FileMaker staff will demonstrate how FileMaker Pro 8.5, the award-winning database software, works with a variety of eBay applications, and how to use eBay File Exchange with FileMaker Pro to more effectively run a successful business on eBay.

"By using FileMaker Pro with eBay File Exchange or integrating it with other eBay applications, millions of eBay sellers can spend more time on the strategic parts of their business rather than getting buried under the details of running their business," said Ann Monroe, Product Marketing Manager, FileMaker. "FileMaker helps business owners efficiently manage all their business data with a single application that can track contacts, customers, inventory, product sales information, marketing, procurement, invoicing, shipping, customer service, employee data and other key business information."

Flexible, Easy-to-Use and Customizable

FileMaker Pro, which runs on Windows, Macintosh, Palm and Microsoft Mobile platforms, provides business owners with an easy-to-use business application that can be quickly customized to match their business operations, whether they are using eBay as their primary store or as an additional sales channel. FileMaker solutions can also be easily modified as a business grows or changes its goals. All of a business' data can be accessed from FileMaker, whether the information resides in a database or on the Web.

There are three primary ways that businesses can use FileMaker Pro with their eBay store:

-- If a FileMaker Pro database is being used within a business, FileMaker data can be exchanged with other specialized third-party eBay applications. -- If the entire business is being managed by FileMaker Pro, data can be transferred to eBay using eBay File Exchange. -- Active businesses on eBay can also consider building customized FileMaker solutions that connect directly to eBay's web services, eliminating the need to export and import data.

FileMaker Pro 8.5 contains a variety of ready-to-use built-in Starter Solutions. The company's Business Productivity Kit, a set of six pre-designed

business solutions, is available for free download along with a 30-day free trial of FileMaker Pro 8.5 at http://www.filemakertrial.com/.

FileMaker Pro has received several awards, including "Product of the Year" awards from both Macworld Magazine and PC Magazine. FileMaker Pro was a 2007 Codie Award finalist in the "Best Database Management Solution" category by the Software Information Industry Association.

About FileMaker, Inc.

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

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

FileMaker, Inc.

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

Web site: http://www.filemaker.com/
http://www.filemakertrial.com/
http://pages.ebay.com/eBayLive

Franklin Announces the Availability of the New Santa BibliaNew Edition Electronic Spanish Bible is Designed for Spanish Speaking Christians across the Globe

BURLINGTON, N.J., June 14 /PRNewswire-FirstCall/ -- Franklin Electronic Publishers, Incorporated today announced the availability of the updated Santa Biblia Reina Valera(TM) electronic handheld Bible (SPB-470). The Santa Biblia, licensed from the American Bible Society, will complement Franklin's current assortment of electronic Bibles and English learning devices for the Hispanic market in North America and Spanish speaking Christians across the globe.

Franklin's Santa Biblia Reina-Valera(TM) features the complete Old and New Testaments of the Bible. Users can instantly search for passages by book, chapter, verse or keyword and can bookmark sections for future reference. Franklin's Learn-A-Verse feature gives instant inspiration from a new passage each time it is turned on. The generously sized LCD display makes it easy to read the Bible and its portable size lets users slip their Bible into a pocket or purse so they can read it wherever they are.

"Franklin sets the standard with the most advanced electronic reference devices in the Bible market today," said Mike Crincoli, VP of North American Operations. "The Santa Biblia Reina-Valera(TM) has been the standard for Spanish speaking Christians for generations".

The Santa Biblia is available now at a suggested retail price of US $79.99 at select retail outlets and http://www.franklin.com/.

About Franklin

Franklin Electronic Publishers Incorporated is a world leader in electronic handheld information, having sold more than 39,000,000 electronic books since 1986. Current titles available directly or through partners number more than 40,000 in sixteen languages under license from world class publishers, such as Merriam-Webster and HarperCollins, focused in five genres: Learning, Language Learning, Travel, Spiritual, and Leisure. The Company also licenses its underlying technology to an array of partners including Adobe, Sun Microsystems and Ademco (a division of Honeywell). Franklin distributes ROLODEX(R) Electronics branded organizers worldwide and SEIKO branded reference products in North and South America, Australia and the European Community. Franklin's products are available at 43,000 retail outlets worldwide, through catalogs, and online at http://www.franklin.com/.

ROLODEX(R) is a registered trademark of Berol Corporation, a subsidiary of Newell Rubbermaid Inc. SEIKO is a registered trademark of SEIKO Corporation.

Except for the historical information contained herein, the matters discussed throughout this release, including, but not limited to, those that are stated as Franklin's belief or expectation or preceded by the word "should" are forward looking statements that involve risks to and uncertainties in Franklin's business, including, among other things, the timely availability and acceptance of new electronic books, and other electronic products, changes in technology, the impact of competitive electronic products, the management of inventories and of our expense reduction program, dependence on key licenses, titles and products, dependence on third party component suppliers and manufacturers, including those that provide Franklin-specific parts and other risks and uncertainties that may be detailed from time to time in Franklin's reports filed with the Securities and Exchange Commission.

Franklin Electronic Publishers

CONTACT: Robin Kelman of Garfield Group Public Relations,
+1-215-867-8600 ext. 244, rkelman@garfieldgroup.com

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

EFJ, Inc.'s EFJohnson Subsidiary Receives Additional $1 Million Contract from Louisiana Statewide Interoperable Executive CommitteeEFJohnson to provide Project 25 compliant portable radios

IRVING, Texas, June 14 /PRNewswire-FirstCall/ -- EFJ, Inc. announced today that its EFJohnson subsidiary has received a contract valued at $1 million from the Louisiana Statewide Interoperable Executive Committee (SIEC). The contract calls for EFJohnson to provide the Louisiana SIEC with its Project 25 compliant portable radios and accessories.

"The Louisiana SIEC manages a statewide first responder communication system, and we are honored to help them fulfill their mission," said Michael E. Jalbert, chairman and chief executive officer of EFJ, Inc. "We are pleased with their continued confidence in our solutions." On May 14, 2007 the company announced a $2.6 million contract with the Louisiana SIEC.

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

The Advisory Board Company Selects MicroStrategy to Provide Hospitals with Improved Visibility Into Business Performance

MCLEAN, Va., June 14 /PRNewswire-FirstCall/ -- MicroStrategy(R) Incorporated , a leading worldwide provider of business intelligence (BI) software, today announced that The Advisory Board Company has selected MicroStrategy to provide its members with enhanced visibility into financial, operational, and clinical performance. The Advisory Board Company is the leading worldwide health care research and professional services firm serving more than 2,600 hospitals and health systems.

Using MicroStrategy, the Advisory Board enables member hospitals to gain greater insights into their business and to incorporate best practices into their daily operations. The Advisory Board provides multiple, hosted business intelligence applications, each focusing on a distinct area critical to hospital margin and clinical improvement and each leveraging the Advisory Board's deep industry expertise. Member hospitals are able to use the secure, Web-based analytical tools to improve their performance through better, faster, data-driven decision making, and have seen significant financial improvements as a result.

The Advisory Board uses MicroStrategy to create a single-host multi-tenant architecture, where the Advisory Board builds and maintains an application that is shared across its member hospitals. Even though the application is shared, MicroStrategy's robust security infrastructure ensures that each hospital only has access to its own data. There are currently thousands of individual users -- from CFOs to business analysts -- accessing the applications on a daily basis.

"Hospitals have a significant opportunity to improve performance through business intelligence," said Dennis Shin, Executive Director at the Advisory Board. "Our research shows that top performing organizations separate themselves from their peers by their ability to quickly diagnose the root cause of recurring problems and issues and spend time not on diagnosis but on driving to solutions. Our business intelligence membership programs -- which include our distinctive business intelligence tools on MicroStrategy's platform as well as our best practice research and domain expertise to drive ongoing improvement -- really help our member hospitals reach and maintain the top tier of performance."

"Many organizations across the healthcare industry rely on MicroStrategy to analyze and improve operations, service quality, resource utilization, and claims administration," said Sanju Bansal, COO of MicroStrategy. "We are proud to work with the Advisory Board and to support their BI applications that are providing exceptional value to member hospitals."

About The Advisory Board Company

The Advisory Board Company provides best practices research and analysis to the health care industry, focusing on business strategy, operations and general management issues. The Advisory Board Company provides best practices and research through discrete annual programs to a membership of more than 2,600 hospitals, health systems, pharmaceutical and biotech companies, health care insurers, and medical device companies in the United States.

About MicroStrategy

Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy is available at http://www.microstrategy.com/.

MicroStrategy and MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

Contact: Wende Cover MicroStrategy Incorporated 1-703-770-1646 wcover@microstrategy.com

MicroStrategy Incorporated

CONTACT: Wende Cover of MicroStrategy Incorporated, +1-703-770-1646,
wcover@microstrategy.com

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

Verizon Partner Solutions Unveils National Discount Plan to Its DS-1 and DS-3 Special Access Wholesale CustomersNew Volume-Based Plan Features National Portability and Banded DS-3 Mileage

NEW YORK, June 14 /PRNewswire/ -- Verizon Partner Solutions is introducing a new National Discount Plan (NDP) to its wholesale customers that purchase DS-1 and DS-3 special access services.

The new plan provides increased discounts as customers' business with Verizon increases. In some cases, customers can receive discounts of 50 percent or more on certain rate elements.

"In addition to serving our wholesale customers over one of the most advanced, reliable networks in the country, we're offering a new discount plan that offers our customers an easier way to do business with us," said Quintin Lew, vice president of marketing for Verizon Partner Solutions. "It also provides competitive pricing on special access services, and offers increasing year-over-year discounts through both a volume approach to pricing as well as through higher discount levels each year over the five-year term of the plan."

One of the most innovative aspects of the NDP is the national portability of circuits, which allows customers to manage one nationwide commitment, rather than a series of regional commitments, and still receive discounted pricing on all DS-1 and DS-3 special access services. For example, a customer can terminate a circuit in Virginia and add a circuit in California in response to business needs, and not worry about termination penalties or meeting regional commitments, as long as the customer meets its nationwide commitments for rate elements known as channel terminations and channel mileage.*

Among other features of the NDP are the choice of commitment levels and a banded flat-rate structure for DS-3 mileage. Under NDP, customers can choose from either a Premier or Standard Commitment Matrix. The choice of the commitment matrix determines the percentage of in-service quantities that must be committed to the NDP and the discount structure that will be applied to the customer's in-service quantities of DS-1 and DS-3 services.

"Another key advantage of our pricing plan is that, for the first time, Verizon is offering DS-3 mileage in a banded flat-rate structure," said Lew. "With this structure, our customers can easily and conveniently determine the mileage rate for a DS-3 circuit within a band -- for example, within the 0-5 miles band. Combined with the NDP discounts on channel mileage, this rate structure provides customers with what they have been looking for: convenience and competitive pricing."

As noted above, the NDP also provides increasing year-over-year discounts during the five-year term of the NDP, so even customers who have volumes that remain constant will be able to benefit from year-over-year increased discounts.

"Helping our customers succeed is our primary goal," Lew said. "We believe our new National Discount Plan is just one more industry-leading example of what we're doing to help our customers succeed in today's competitive marketplace."

The Verizon Partner Solutions team sells networks and network capabilities to telecom service providers that include: long-distance providers, local service providers, wireless carriers, cable companies, integrators and Internet service providers (ISPs).

For more information on the new plan, wholesale customers should visit: http://www22.verizon.com/wholesale/productguide/nationalplan/.

*Additional terms, conditions, and restrictions apply to all services described herein. You should not rely on any summary or other information of any service described herein, and instead should consult Verizon's Tariffs for all relevant terms relating to such service.

Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving 60.7 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon has a diverse workforce of more than 238,000 and last year generated consolidated operating revenues of more than $88 billion. For more information, visit http://www.verizon.com/.

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

Verizon

CONTACT: Mark Marchand of Verizon, +1-908-559-3524,
mark.a.marchand@verizon.com

Web site: http://www.verizon.com/
http://www22.verizon.com/wholesale/productguide/nationalplan

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

Defense Acquisition University Wins Computerworld Honors Award For Informatica-Powered Information ArchitectureCoveted 21st Century Achievement Award goes to university-wide data integration and visibility environment

REDWOOD CITY, Calif., June 14 /PRNewswire-FirstCall/ -- Informatica Corporation , a leading provider of data integration solutions, today announced that the Defense Acquisition University (DAU) has won this year's top IDG Computerworld Honors Program award in the category of Education and Academia. Dedicated to the ongoing professional development of the Department of Defense's global Acquisition, Technology and Logistics workforce, the DAU won the prestigious 21st Century Achievement Award for its real-time information architecture and data repository, powered by the Informatica PowerCenter data integration platform.

"The university-wide data integration and visibility environment we created with the help of Informatica has had a profound impact on the DAU's mission, reflected in rapidly rising graduation rates and the deployment of more than 1.6 million hours of new learning assets with no increase in the annual training budget," said Frank Anderson, president, DAU, who accepted the award at the program's 19th annual medal ceremony in Washington, D.C. last week. "The data integration challenge was formidable -- more than 40 data sources -- but now the information silos have fallen and we're able to leverage all our data to drive more efficient operations and successful educational outcomes."

Fusing data from dozens of disparate sources inside and outside the five- campus university, the DAU's information architecture presents consolidated information on demand to administrators, instructors and staff via easy-to- understand dashboard views and repeatable reports that touch almost everyone in the university. As a result, business visibility is now widespread: administrators see at-a-glance class costs, teacher certifications, and graduation and attrition rates; instructors receive reports on the success of each class; and civilian contractors have insight into how their employees are progressing in the university's training programs. In short, everyone has on- demand access to the information they need to improve their performance and that of the university as a whole as the DAU fulfills its mission of training the workforce that manages the logistics and technologies supporting US warfighters worldwide.

"The DAU exemplifies the challenges facing all learning institutions and government agencies: improving accountability and consistently doing more with less," said Brian Gentile, executive vice president and chief marketing officer at Informatica. "Through its new information architecture, the DAU can now more intelligently align its resources with its business strategies and with the educational and career management needs of the DoD's worldwide logistics workforce. We applaud the DAU's trailblazing achievements in data integration and congratulate them on their most recent honor."

In addition to the DAU's 21st Century Achievement Award, three other Informatica customers were awarded Laureate status in the Computerworld Honors Program this year: Brocade Communications, Humberside Police and M&S Money.

About IDG's Computerworld Honors Program

Founded by International Data Group (IDG) in 1988, the Computerworld Honors Program is governed by the not-for-profit Computerworld Information Technology Awards Foundation. In its 19th year, Computerworld Honors is the longest running global program to honor individuals and organizations that use information technology to benefit society. Each year, the program's Chairmen's Committee, a group of 100 Chairmen/CEOs of global technology companies, nominates individuals and organizations around the world whose visionary application of information technology promotes positive social and economic progress. Nominations are evaluated by an independent board of CIO-level judges who select Laureates, Finalists and award recipients, in 10 industry- related categories, to be honored at the Laureate Medal Ceremony.

About Informatica

Informatica Corporation is a leading provider of enterprise data integration software and services. With Informatica, organizations can gain greater business value by integrating all their information assets from across the enterprise. More than 2,790 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of any complexity and scale. For more information, call 650-385-5000 (1-800-653-9871 in the U.S.), or visit http://www.informatica.com/.

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

Informatica Corporation

CONTACT: Deborah Wiltshire of Informatica Corporation, +1-650-385-5360,
mobile +1-650-862-8186, dwiltshire@informatica.com, or Radley Moss of
Text 100, +1-212-331-8429, mobile +1-917-583-2349, informatica@text100.com

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

Broadcom Enhances the Performance of IPTV Networks with New Impulse Noise Protection TechnologyNew PhyR(TM) Technology, Demonstrated at NXTComm 2007, Enables Service Providers to Deliver a Ten-Fold Improvement in Noise Resilience, Resulting in Better Triple-Play Services for ADSL and VDSL Modems

IRVINE, Calif., June 14 /PRNewswire-FirstCall/ -- Broadcom Corporation , a global leader in semiconductors for wired and wireless communications, today announced a new impulse noise protection technology that enables carriers and OEMs to dramatically improve voice, data and video services to their customers. The new impulse protection solution, marketed as Broadcom(R) PhyR(TM) (pronounced "Fire") technology, incorporates Broadcom's industry leading ADSL2+/VDSL2 firmware and provides a significant improvement in residual bit error rate (BER) as well as resistance against impulsive noise, resulting in a vastly improved user experience for subscribers of telecommunications triple-play services. Broadcom's new PhyR technology will be demonstrated at next week's NXTComm 2007 show in Chicago, Illinois.

Video services, provisioned over traditional copper loops, are susceptible to noise sources in the ambient environment that limit the coverage area over which services can be made available, or may even reduce video quality by inducing "macro-blocking." Today's IPTV deployments require carriers to provide a certain acceptable level of impulse noise protection and margin settings, which in turn, determine an achievable data rate and the loop length over which voice, video and data or IPTV services will be delivered. Increasing noise protection in current IPTV deployments has an improved effect on residual errors, but has an adverse effect on the serviceable reach and data rate, thereby limiting the service coverage area. Broadcom's PhyR technology significantly improves noise protection without inducing limitations of reach, rate, margin or latency, providing operators with a valuable tool that significantly reduces errors and improves the service coverage area, reliability and achievable revenue for IPTV investments.

In contrast to previous impulse noise protection techniques, Broadcom's PhyR technology provides a number of key advantages:

* As much as a ten times higher impulse noise resilience * Significantly lower residual BER or packet-loss * An extended network service area (higher rate, longer reach, lower delay) * Simplified network provisioning (no per user "tuning") * Firmware upgrade to central office and customer premise equipment * Transparency to network and upper layer applications (significantly reduces the burden on networks that use higher layer retransmission schemes for improving network efficiency)

All new and previously deployed Broadcom central office and consumer premise equipment silicon solutions are firmware upgradeable to the innovative PhyR firmware. As a result, service providers will be able to offer IPTV and other ultra-high bandwidth applications utilizing simplified provisioning with quality levels comparable to Ethernet, while leveraging their existing copper plant infrastructure.

PhyR field trials and system demonstrations are currently underway as a means to validate the robustness of the technology and its ability to address "real-world" issues. At present, live field data demonstrates a ten-fold reduction of error lines resulting in a vastly improved video experience. The field trials also show 3dB of equivalent coding gain that enables a dramatic extension of IPTV services or even data-only service reach.

"We are very pleased with how our PhyR technology is addressing real field issues with a greatly simplified provisioning model, better reach and a significant improvement in residual BER under heavy impulsive noise conditions," said Greg Fischer, Vice President & General Manager of Broadcom's Carrier Access line of business. "The beauty of PhyR technology is that it enables our customers with greatly improved ADSL2+ and VDSL2-based video or data services, and enables new IP services in a way that vastly improves performance, while reducing service provisioning complexity and scalability issues."

Broadcom's PhyR impulse noise protection and retransmission technology has been broadly discussed by a number of industry-standards bodies, and is currently being considered for DSL standardization.

Availability

Utilizing the flexibility of a powerful digital signal processing-based central office and customer premise equipment chipset, the new PhyR firmware runs on all new and previously deployed Broadcom ADSL2+ and multimode ADSL2+/VDSL2 semiconductor products. The firmware is sampling to early access partners and will be demonstrated next week at NXTComm 2007.

Broadcom's Broadband Communications Group

Broadcom offers manufacturers a range of broadband communications and consumer electronics SoC's that enable voice, video and data services over residential wired and wireless networks. These highly integrated silicon solutions continue to enable the most advanced system solutions on the market, which include digital cable, satellite and IP set-top boxes and media servers, broadband modems and residential gateways, high definition and digital televisions, HD DVD and Blu-ray Disc(TM) players, DVD recorders and personal video recorders.

About Broadcom

Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. We provide the industry's broadest portfolio of state-of-the-art, system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything(R).

Broadcom is one of the world's largest fabless semiconductor companies, with 2006 revenue of $3.67 billion, and holds over 2,000 U.S. and 800 foreign patents, more than 6,000 additional pending patent applications, and one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video and data.

Broadcom is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at +1.949.926.5000 or at http://www.broadcom.com/.

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

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

Important factors that may cause such a difference for Broadcom in connection with PhyR(TM) products include, but are not limited to, general economic and political conditions and specific conditions in the markets we address, including the volatility in the technology sector and semiconductor industry, trends in the broadband communications markets in various geographic regions, including seasonality in sales of consumer products into which our products are incorporated, and possible disruption in commercial activities related to terrorist activity or armed conflict in the United States and other locations; the rate at which our present and future customers and end-users adopt Broadcom's technologies and products in the markets for IPTV and digital subscriber line applications; delays in the adoption and acceptance of industry standards in those markets; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; the gain or loss of a key customer, design win or order; our ability to scale our operations in response to changes in demand for our existing products and services or demand for new products requested by our customers; our ability to specify, develop or acquire, complete, introduce, market and transition to volume production new products and technologies in a cost-effective and timely manner; intellectual property disputes and customer indemnification claims and other types of litigation risk; the quality of our products and any remediation costs; our ability to timely and accurately predict market requirements and evolving industry standards and to identify opportunities in new markets; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration; our ability to retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement our business and product plans; the risks and uncertainties associated with our international operations; competitive pressures and other factors such as the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; the timing of customer-industry qualification and certification of our products and the risks of non-qualification or non-certification; changes in our product or customer mix; the volume of our product sales and pricing concessions on volume sales; the availability and pricing of third party semiconductor foundry, assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly facilities; the effectiveness of our expense and product cost control and reduction efforts; the effects of natural disasters, public health emergencies, international conflicts and other events beyond our control; the level of orders received that can be shipped in a fiscal quarter; and other factors.

Our Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.

Broadcom(R), the pulse logo, Connecting everything(R) , the Connecting everything logo and PhyR(TM) are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Blu-ray Disc(TM) is a trademark of the Blu-ray Disc Association. Any other trademarks or trade names mentioned are the property of their respective owners.

Broadcom Trade Press Contact Laura Brandlin Senior Director, Marketing Communications 949-926-5108l brandlin@broadcom.com Broadcom Investor Relations Contact T. Peter Andrew Vice President, Corporate Communications 949-926-5663 andrewtp@broadcom.com Broadcom Technical Contact Shankar Bala Senior Product Line Manager, Broadband Carrier Access Products 972-715-2063 shankarb@broadcom.com

Photo: http://www.newscom.com/cgi-bin/prnh/20060609/BROADCOMLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Broadcom Corporation; BRCM Broadband

CONTACT: Trade Press, Laura Brandlin, Senior Director, Marketing
Communications, +1-949-926-5108, lbrandlin@broadcom.com, Investor Relations,
T. Peter Andrew, Vice President, Corporate Communications, +1-949-926-5663,
andrewtp@broadcom.com, Technical, Shankar Bala, Senior Product Line Manager,
Broadband, Carrier Access Products, +1-972-715-2063, shankarb@broadcom.com,
all of Broadcom Corporation

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

Crosscheck Networks Brings Comprehensive SOA Testing Solution to Pegasystems Service Oriented Applications

BOSTON, June 14 /PRNewswire-FirstCall/ -- Crosscheck Networks, Inc., the leading provider of SOA Testing today announced its participation in the Pega Exchange and support for Pegasystems SmartBPM(R) Service Oriented Architecture (SOA) web services.

Crosscheck Network's mission is to provide products for discovering, diagnosing and controlling enterprise Web Services. The company's products provide business managers and compliance officers with the real-time information they need to make faster, more informed decisions that enable their companies to stay within corporate and regulatory boundaries. By participating in the Pega Exchange, Crosscheck Networks is enabling Pegasystems business process management (BPM) customers to ensure that they are successful in mitigating corporate operational risk through actionable information.

Crosscheck Network's SOAPSonar(TM) is now available for download on the Pega Exchange, offering IT owners the ability to develop and deploy robust and reliable BPM web services that have been put through rigorous functional, stress, and penetration testing. Business owners using Crosscheck Networks' technologies can be assured that a reliable infrastructure has been established to meet corporate goals.

"Providing a SOA testing solution to a mission-critical business application such as Pegasystems SmartBPM will ensure that our joint customers are able to benefit from robust and reliable SOA from development to production," said Mamoon Yunus, advisor to Crosscheck Networks and Chief Technology Officer of Forum Systems. "Crosscheck Networks is delighted to be a part of the Pega Exchange, and I look forward to continued developments between the two companies to help customers drive compliance and productivity."

Crosscheck Networks' industry-leading SOA testing software, SOAPSonar, is based on four pillars of SOA testing - functional regression, performance, security, and compliance. The product simplifies testing at each stage of the SOA lifecycle.

"Any enterprise customer that wants to benefit from deploying SOA enabled business applications, must make testing part of their SOA lifecycle," said Ben Frenkel, Strategic Business Development, Pegasystems. "Crosscheck Network's SOAPSonar offers Pegasystems customers a robust testing solution to validate their use cases at every stage of the SOA lifecycle. We are happy to work with leading providers like Crosscheck Networks to help our customer find the best tools available to meet their corporate goals."

About Crosscheck Networks

Crosscheck Network's mission is to provide products for testing, diagnosing and controlling enterprise Web Services. Crosscheck Networks' products provide QA professionals, security personnel, and compliance officers with necessary information about the functional completeness, scalability, security and interoperability compliance of their Service Oriented Architecture (SOA). The SOA diagnostics architecture is the first in the industry to encompass security, compliance, performance and functional regression under a unified architectural framework. Visit Crosscheck Networks at http://www.crosschecknet.com/.

About Pegasystems

Pegasystems Inc. provides software to automate complex, changing business processes. Pegasystems, the leader in unified process and rules technology, gives business people and IT departments the ability to use best processes across the enterprise and outperform their competition.

Our new class of Business Process Management (BPM) technology makes enterprise systems easy to use and easy to change. By automating policy manuals, system specifications and lines of manual coding with dynamically responsive updates, Pegasystems powers the world's most sophisticated organizations to Build for Change(R).

Pegasystems' award-winning, standards-based BPM suite is complemented with best-practice solution frameworks to help leaders in the financial services, insurance, healthcare, life sciences, government and other markets drive growth and productivity.

Headquartered in Cambridge, Mass., Pegasystems has regional offices in North America, Europe and the Pacific Rim. For more information, visit http://www.pega.com/.

Crosscheck Networks, Inc.

CONTACT: Rizwan Mallal of Crosscheck Networks, Inc., +1-617-938-3956

Web site: http://www.pega.com/
http://www.crosschecknet.com/

AviationWeek.com Launches New Online Networking Tools

NEW YORK, June 14 /PRNewswire/ -- AVIATION WEEK, the largest multimedia information and services provider to the global aviation, aerospace and defense industries, today announced enhancements to its website at http://www.aviationweek.com/. The industry's leading website now offers a suite of business networking tools enabling users to create profiles, interact with the AVIATION WEEK editorial team as well as their peers, and develop their own content.

With a current average of over 800,000 page views and 180,000 unique visitors per month, AviationWeek.com is a primary online source for news, analysis and now networking. This new functionality will provide users from around the world and across a variety of job functions and industries with an easy way to connect with each other. The site's current users are primarily professionals in engineering, maintenance, program management, operations and flight departments from aerospace and defense manufacturers, airlines, armed forces, government agencies, MRO service providers, and educational and R&D institutions.

"The latest enhancements to AviationWeek.com are evidence of our ongoing commitment to digital transformation," said Tom Henricks, President of AVIATION WEEK. "By integrating community functions and user-generated content throughout the site, we believe that visitors to our site will gain a clearer perspective of the aerospace and defense market, and in turn will be better able to make more informed business decisions," he added.

"Earlier this year, we increased the amount of content on AviationWeek.com, and improved the site's navigation to make that content more accessible," said Anne McMahon, AVIATION WEEK's Director, Information Marketing. "We now have new business networking tools and new formats of content, including blogs, videos and photos, that make it easier for our users and staff to interact with each other. AviationWeek.com will continue to focus on our customers' digital needs, and the site will continue to evolve as a leading digital platform for the industry to stay informed and connected," she added.

About AVIATION WEEK

AVIATION WEEK, a division of The McGraw-Hill Companies, is the largest multimedia information and services provider to the global aviation, aerospace and defense industries, and includes the publications Aviation Week & Space Technology, Defense Technology International, Business & Commercial Aviation, Overhaul & Maintenance, ShowNews, Aviation Daily, The Weekly of Business Aviation, Aerospace Daily & Defense Report and the World Aerospace Database. The group's web portal, http://www.aviationweek.com/, offers the industry's most reliable news, information, intelligence and features, and its Aviation Week Intelligence Network (AWIN) at http://www.aviationweek.com/awin is the industry's most integrated business tool for managers, business developers, buyers and technical professionals across the entire aviation and aerospace field. The group also produces 12 major conferences and exhibitions in the MRO, defense and programs sectors. Information is available at http://www.aviationweek.com/conferences.

About The McGraw-Hill Companies

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

AVIATION WEEK

CONTACT: Patricia Walsh
+1-212-512-3364, +1-646-673-6640
Patricia_walsh@mcgraw-hill.com

Web site: http://www.aviationweek.com/
http://www.aviationweek.com/conferences
http://www.mcgraw-hill.com/

Color Kinetics and High End Systems Announce Licensing AgreementEntertainment lighting pioneer to enter intelligent LED lighting market with license to Color Kinetics' patent portfolio

BOSTON and AUSTIN, Texas, June 14 /PRNewswire-FirstCall/ -- Color Kinetics Incorporated and High End Systems Inc., respective industry leaders in LED and entertainment lighting systems, today announced a global licensing agreement that reflects a continuing surge in the use of LED sources for stage and event lighting. High End Systems will license Color Kinetics' patent portfolio to develop its first line of products incorporating multicolor LEDs. The initial offering will uniquely combine conventional sources with LEDs for accent purposes.

High End Systems is credited for innovating some of the entertainment industry's most widely used lighting and control systems in its 35-year history - including various options for generating color and effects using traditional light sources. The company has illuminated some of the world's biggest artists on the largest stages, as well as film and television sets, cruise ships, theme parks, houses of worship, restaurants and retail spaces. Through the agreement, High End Systems will now be able to enhance its product range with the many proven aesthetic and practical advantages of LED sources.

The royalty-bearing license will apply to sales of applicable High End Systems products in all markets covered by Color Kinetics' patent portfolio. The agreement also calls for Color Kinetics to receive a royalty-free license to specific High End patents.

"High End is best known for our focus on innovation and use of cutting- edge technologies that can advance our industry as a whole. We believe that LEDs are one such technology, whose impact has only just begun to emerge," said Richard Belliveau, who co-founded High End Systems and is a prolific inventor with many market-changing products, patents and awards to his credit. "As innovators ourselves, we respectfully acknowledge the patented inventions of others, and no company has contributed more to the research, development and commercialization of intelligent LED lighting than Color Kinetics. We view access to their IP as a critical component of our LED-related product development strategy, and look forward to exploiting the far-reaching potential of LED technology for our customers."

"This agreement is a testament to how far and how fast LED technology has come - driving a whole new wave of product development by well-established industry leaders like High End Systems," said Bill Sims, President and CEO, Color Kinetics. "The entertainment industry was among the first to embrace intelligent LED lighting, and the number and caliber of partners we've secured in this space suggest that adoption is still on the rise. We look forward to enabling more market entrants as customers continue to experience and demand the clear-cut advantages of intelligently controlled LED sources."

Intelligent LED lighting technology is increasingly penetrating the entertainment and event production markets, particularly in color lighting applications. Unlike conventional sources, LED lighting products require no gels, filters or mechanical scrollers to generate color and dynamic effects. They're also well suited for creating flexible, modular displays for low- resolution video effects that are commonly applied as stage backdrops or dynamic set pieces.

In addition to their aesthetic versatility, LED lighting products can offer many cost advantages over conventional lighting equipment. Their long source life and rugged physical nature translate to minimal replacement, and their low power draw allows for easy installation without complex electrical requirements. They emit little heat, and can be used in tight spaces or within set elements, near performers, and in other areas where conventional light sources are impractical.

High End Systems' first LED product, SHOWGUN(TM), is scheduled for commercial release in June 2007.

About Color Kinetics

Color Kinetics Incorporated transforms environments through new, dynamic uses of light. Its award-winning lighting systems and technologies apply the benefits of LEDs as a highly efficient, long lasting, environmentally friendly, and inherently digital source of illumination - reinventing light itself as a highly controllable medium. Color Kinetics also enables widespread adoption of LED lighting through OEM and licensing partnerships in diverse markets. The company is headquartered in Boston, MA with offices in the UK and China. More information is available at http://www.colorkinetics.com/.

About High End Systems

Headquartered in Austin, TX, High End Systems is the world's leading innovator and manufacturer of automated and digital lighting instruments, and lighting control systems. In its fourth decade, HES has pioneered technology that defines the industry. HES products are specified by discerning lighting directors on a global basis and distributed through its dealer and distributor network More information is available at http://www.highend.com/.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Color Kinetics Incorporated's business that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that these statements involve risks and uncertainties, are only predictions and may differ materially from actual future events and results. For a discussion of such risks and uncertainties, see "Risk Factors" in the Company's Annual Report on Form 10-K for the Twelve Months Ended December 31, 2006, File Number 000-50798, and most recent 10-Q, each as filed with the Securities and Exchange Commission.

Color Kinetics Incorporated

CONTACT: media, Felicia Spagnoli, +1-617-701-2292, or
fspagnoli@colorkinetics.com, or investors, Justine Alonzo, +1-617-701-2272, or
jalonzo@colorkinetics.com, both of Color Kinetics Incorporated; or Debi Moen,
Mktg. Comm. Spec., High End Systems Inc., +1-512-836-2242 x 1204, or
debi_moen@highend.com

Web site: http://www.colorkinetics.com/
http://www.highend.com/

Google vs. Baidu: Localization vs. Internationalization

BEIJING, June 14 /Xinhua-PRNewswire/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong, recently commented on the "localization" and "internationalization" strategies of Google and Baidu.

The 21st century is an era of economic globalization, with foreign enterprises swarming into China to "localize", while Chinese enterprises are actively preparing to enter international markets. Traditionally, older, more established industries, multinational companies and domestic enterprises have needed to consider various problems surrounding available funds, costs, equipment, production lines, distribution channels and patents in their localization or internationalization drives. However, the Internet industry does not seem to have those complications. This is because the Internet itself links the whole world; technology, services and talents are the only considerations that enterprises need to take.

However, everything is not that simple either. Google: ambiguous "localization"

"Localization" has almost become a tightening ring over all foreign Internet enterprises that have entered China. Following Yahoo!, Google, eBay and Amazon have also took footholds in China. However, what we have seen are not fast-marching international giants but a succession of foolhardy youngsters. When Yahoo! China vowed itself to Alibaba, eBay was acquired by TOM, and Joyo almost disappeared from sight, it left only Google to sustain this solo play.

Despite its large number of high quality and loyal users, its carefully devised card of "Gu Ge (Google) -- the only name for other languages" and its continuous active innovation to attract attention from Chinese users, sluggish performances and much blamed "localization" have nevertheless forced Google, the Internet giant which can look down upon the world, to bow its head in the Chinese market.

In fact, for both Google and those people who often use "localization" to castigate it, "localization" seems to be a catchphrase. As for what is precisely the meaning of "localization", how many can tell clearly?

Baidu: unclear "internationalization"

In contrast to foreign enterprises' enthusiasm, Chinese Internet enterprises are still cautious about internationalization. Sina, Sohu, NetEase and Shanda are all listed on NASDAQ in order to raise overseas capital. This is not true internationalization. TOM's acquisition of eBay and Alibaba's acquisition of Yahoo! China only remain at the level of integrating local resources in China. Shanda has acquired Actoz to solve the copyright problem, while Kingsoft Online Games has ventured to Europe, America and Southeast Asia to export its products. The enterprises themselves have not gone out of China. At present, Baidu seems to be the only one to challenge the overseas market on a large scale.

Claiming "Baidu understands the Chinese better," Baidu has chosen Japan, a challenging country to make breakthroughs in the overseas market. The Company is now paying a price for this. After the "domain name episode", its website in Japan is recently inaccessible. Statistics show that Baidu (Japan)'s main traffic comes from China. Just as they are not optimistic about foreign giants' "localization", people equally have doubts about Baidu's "internationalization".

"Localization" vs. "internationalization" -- the same nature

"Localization" and "internationalization" talk about the same thing. Some people stand out of the door, while some stand inside. Those who enter it talk about "localization", while those who go out speak of "internationalization".

In all reason, Google has the search engine control in the United States and across the world. It should have a say in both "localization" and "internationalization". By its position in China's search market, Baidu also has a profound understanding of "localization". However, both of them have tumbled over the "localization" threshold.

In fact, both "localization" and "internationalization" mean that enterprises leave their former fertile soil to tillage a piece of new land. Before departure, enterprises must have seen that golden beans can be harvested from the land. However, though all have taken golden beans to plough the land, some have got soybeans. The problem can only come from two aspects. One is that they have used the wrong seed, while the other is they have adopted the wrong method. When enterprises select their strategies, they will face two directions: to change themselves to adapt to the market or stick to their style and guide the market. Whatever the choice, "localization" is neither a concept nor experience that past success can only be used as a reference. However successful, products may not acclimatize.

"Localization" is a thinking model. "Localization" does not mean to set up a local company, speak a local language or provide some services that are already available in the local market. Just like Google has labored to find a Chinese input method only to find the trouble it has caused.

In fact, "localization" really is a thinking model. One needs to learn in order to consider problems that can arise using the local society and to understand the local market and even get integrated into the local culture. This is why many multinational companies choose Chinese people to serve as their executives for their China branches. When your management team cannot fully understand the market, failure, rather than opportunities is the only thing that waves to you.

However, a team led by a Chinese person has only showed a posture of "localization". Fundamentally, it should have a determination of "localization". To learn about the thinking of "localization", some indigenous methods may have to be grasped. For example, to expand in China's SMB market, is Google willing to throw off its airs as a foreign company to change into the Chinese thinking and develop the market? Is it willing to concede to work alongside SMBs? Can it truly give up playing up those flowery technical advantages and let SMBs see some real benefits? For Baidu who sets foot on an alien land, profound cultural differences and linguistic habits lay ahead though there are some similarities between Chinese and Japanese users. It is right for CEO Li Yanhong to say that the Japanese should be employed to manage Baidu (Japan). However, to truly get a place in the market, one has to see whether users accept them. It is not known whether Li has thoughts about that how Japanese netizens with a strong national pride will listen to the preaches of Baidu, a monk from afar.

Both Google and Baidu need to put a mirror in the door between "localization" and "internationalization" to see whether they look more like a foreigner or a local person. Make sure of it and then march forward!

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: 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/

Lockheed Martin Wins Role on Department of Justice Mega 3 Contract Vehicle

ROCKVILLE, Md., June 14 /PRNewswire/ -- Lockheed Martin was selected by the U. S. Department of Justice (DOJ) as one of three companies awarded the opportunity to compete for future tasks orders under the Mega 3 Automated Litigation Support contract vehicle.

Mega 3 is a multiple award, indefinite-delivery-indefinite-quantity (IDIQ) contract to provide litigation support services to seven DOJ litigation divisions and many other federal agencies engaged in litigation supported and sponsored by DOJ. The contract has a one-year base and five one-year options, with an overall program ceiling of $950 million.

Under Mega 3, Lockheed Martin could provide an array of litigation support services, including document acquisition and processing, database utilization, electronic data acquisition and production-related support-including electronic data discovery and forensics, pre-trial and trial support, specialized professional services, subject matter expertise and contract and program management. Lockheed Martin will operate Mega 3 primarily in the Washington, DC metro area, but also at locations across the United States with teammates SourceCorp, Valora and Pitney Bowes. For more than a decade, Lockheed Martin is one of the federal government's leading IT providers.

"Through strong subject matter expertise and streamlined workflow processes, Lockheed Martin is ready to continue partnering with DOJ's litigating divisions and other federal agencies to support the successful litigation of cases that protect the interests of the nation and the public," said Joseph Cipriano, President of Lockheed Martin Business Process Solutions.

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 our website: http://www.lockheedmartin.com/

Lockheed Martin

CONTACT: Sheila Collins of Lockheed Martin, +1-301-519-5896,
sheila.collins@lmco.com

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

Concur to Present at the William Blair 27th Annual Growth Stock Conference

REDMOND, Wash., June 14 /PRNewswire-FirstCall/ -- Concur , the world's leading provider of on-demand Employee Spend Management services, today announced that company chairman and CEO, Steve Singh, and company CFO, John Adair, will deliver a presentation on behalf of the company at the William Blair 27th Annual Growth Stock Conference on Thursday June 21 at 12:30pm CST at the Four Seasons Hotel in Chicago, Illinois. The live webcast and a replay of the presentation will be available for a limited time at http://www.concur.com/investors.

About Concur

Concur is the world's leading provider of on-demand Employee Spend Management services. Concur enables organizations to globally control costs by automating the processes they use to manage employee spending. Concur's end-to-end solutions seamlessly unite online travel booking with automated expense reporting, streamline meeting management and optimize the process of managing vendor payments, employee check requests and direct reimbursements. Organizations of all sizes trust Concur to help them control spend before it occurs while eliminating paper and optimizing supplier relations. Concur's unified approach to managing employee spend delivers a 360 degree view into all employee expenses, helping companies globally enforce policies and monitor vendor compliance, while delivering unprecedented control and valuable insight. Concur's suite of on-demand services reach millions of employees across thousands of organizations around the world -- streamlining business processes, reducing operating costs, improving internal controls and providing enhanced visibility and actionable expense analysis. More information about Concur is available at http://www.concur.com/.

Concur

CONTACT: Press, Stefanie Johansen of Weber Shandwick, +1-425-452-5468,
SJohansen@WeberShandwick.com, for Concur; Investors, John Adair of Concur,
+1-425-497-6439, johna@concur.com

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

Verizon Business Expands Global Network Presence in Middle East, Activating a Private IP Node in CairoMultinational Customers Now Have Access to Advanced Private IP Services in Egypt, Kuwait and Dubai

BASKING RIDGE, N.J., June 14 /PRNewswire/ -- Responding to the needs of multinational business customers, Verizon Business has expanded its next- generation global IP network into Egypt. The company activated a private Internet protocol node in Cairo, offering customers with operations in the region a direct and secure high-performance link to the Verizon Business global IP network.

The IP node is managed in partnership with TE Data, the data communications and Internet unit of Telecom Egypt. The service was activated Thursday (June 14), and Verizon Business is accepting Private IP Service orders.

"As our multinational customers establish operations in the Middle East, they need connectivity to and from this region to meet their current and future communications needs," said Ihab Tarazi, vice president of Verizon Business global network planning. "Our IP node expansion into Egypt shows our continued commitment in the Middle East market to provide our customers with reliable communications services.

"Once customer traffic is on the global IP backbone, we can transport that traffic from all over the world to the Middle East," he added. Verizon Business also has IP nodes in Kuwait and Dubai.

Verizon Private IP is a network-based virtual private network (VPN) that enables customers to effectively communicate over a secure network. This service also provides the foundation of automating business processes between companies, including e-commerce, shared intranets and extranets. Based on Multiprotocol Label Switching (MPLS) technology, Verizon Private IP offers customers scalable and flexible network connections with integrated performance and traffic management capabilities.

"Our MPLS network is highly resilient and built for mission-critical customer applications," Tarazi said. "Businesses operating in the global market need reliable, secure and efficient communications infrastructure, services and solutions. That is why Verizon Business continues its aggressive network expansion in the Middle East and around the world."

In addition to deploying the IP node in Egypt, Verizon Business also is servicing the region by using its investment in the SEA-ME-WE4 (Southeast Asia-Middle East-Western Europe) submarine cable network. The submarine cable network system spans 20,000 kilometers and links Singapore, Thailand, Malaysia, Sri Lanka, Bangladesh, India, Pakistan, UAE, Saudi Arabia, Egypt, Tunisia, Algeria, Italy and France. Verizon Business is the only U.S.-based service provider participating as an initial member in the SEA-ME-WE4 submarine cable network.

"We know how important it is to deliver services all over the world for our multinational customers," Tarazi said. "Our global network investments in additional IP nodes and submarine cable systems like SEA-ME-WE4 and our new Trans-Pacific Express project linking mainland China and the United States are examples of how our capital infrastructure investments today will meet customer communications needs of tomorrow."

Verizon Business and TE Data will participate in official opening and celebration activities for the new Private IP node on June 25 in Cairo.

About Verizon Business

Verizon Business, a unit of Verizon Communications , is a leading provider of advanced communications and information technology (IT) solutions to large business and government customers worldwide. Combining unsurpassed global network reach with advanced technology and professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world. For more information, visit http://www.verizonbusiness.com/.

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

Verizon Business

CONTACT: Linda Laughlin, +1-918-590-5595, linda.laughlin@verizon.com, Jo
Perrin, +44-770-252-5868, jo.perrin@verizonbuisness.com, both of Verizon
Business

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

Global Crossing Reports GCUK's First Quarter 2007 Results

LONDON, June 14 /PRNewswire-FirstCall/ -- Global Crossing today announced first quarter financial results for its subsidiary, Global Crossing (UK) Telecommunications Limited (GCUK).

Highlights

GCUK generated 75 million pounds in revenue, with adjusted gross margin (defined as revenue minus cost of access) at 69 percent of revenue in the first quarter of 2007. The company generated 18 million pounds of earnings before net financing costs, taxes, depreciation and amortization (EBITDA) and 7 million pounds of cash from operations.

As reported previously, Global Crossing acquired Fibernet in October 2006 and sold it to GCUK on December 28, 2006. GCUK's results for the first quarter of 2007 reflect the first full quarter of financial contribution from the Fibernet business. The integration of Fibernet into GCUK's operations is proceeding well and is nearly complete.

During the first quarter, GCUK announced a five-year contract renewal with National Express Group for a 200-site managed IP VPN supporting converged services. More recently, GCUK announced that it will provide Newsquest Media Group, the UK's second largest regional newspaper publisher, with data and VoIP-ready IP VPN capabilities to 160 sites as part of a five-year contract. On June 12, 2007, the company announced the extension of one of its largest contracts, the Managed Telecommunication Service (Mts) for OGCbuying.solutions, under which it is providing managed telephony, data network services, hosted IP telephony and mobile working services; the extension of the contract is valued at approximately 105 million pounds and now runs through December 2011.

"The recent string of significant contract renewals and new customer wins shows the potential of our UK business and Global Crossing as a whole," said John Legere, Global Crossing's chief executive officer. "With the acquisition of Fibernet now complete and the integration process in the final stages, we expect to build on our success with streamlined operations, an even stronger service offering and expanded network reach throughout the UK."

Revenue, Margin and Costs

During the first quarter of 2007, GCUK generated revenue of 75 million pounds, 98 percent of which was generated from the "invest and grow" segment - namely, that part of the business focused on serving global enterprises, carrier data and indirect channel customers. This represents a 22 percent sequential increase over the previous quarter, when revenue was 62 million pounds, and a 28 percent year-over-year increase from 59 million pounds in the first quarter of 2006. The sequential and year-over-year increases are attributable to the inclusion of Fibernet's UK operations into GCUK, incremental billings resulting from a settlement with a customer and an increase in equipment sales to a large customer. Adjusted gross margin (as further defined in Table 7 that follows) was 52 million pounds during the first quarter of 2007, compared with 42 million pounds in the fourth quarter of 2006 and 41 million pounds in the first quarter of 2006.

Cost of revenue, which includes cost of access, technical real estate, network and operations, third party maintenance and cost of equipment sales, was 49 million pounds for the quarter, compared to 43 million pounds in the fourth quarter of 2006 and 38 million pounds in the first quarter of 2006. Cost of access increased year over year due to the addition of Fibernet operations as well as costs associated with increased enterprise and carrier voice volume. In addition, the year-over-year cost of revenue increase also reflected higher cost of equipment sales. Sales, general and administrative expenses (SG&A) in the first quarter were 8 million pounds, compared with 9 million pounds in the fourth quarter of 2006 and 8 million pounds in the first quarter of 2006.

Earnings

GCUK's EBITDA for the first quarter, as defined in Table 5 that follows, was 18 million pounds, compared with 20 million pounds in the fourth quarter of 2006 and 14 million pounds in the first quarter of 2006. The sequential EBITDA decline was due to an 8 million pound net gain arising from the acquisition of Fibernet that was recorded in the fourth quarter of 2006 (see Table 2 for reference). The increase in EBITDA on a year-over-year basis was primarily attributable to inclusion of Fibernet's operations in first quarter results.

GCUK recorded a net profit of approximately 1 million pounds for the first quarter of 2007, compared with a net loss of 2 million pounds in the fourth quarter of 2006 and a net profit of 5 million pounds in the first quarter of 2006. The year-over-year change in net profit was primarily due to an increase in finance charges driven by a favorable non-cash exchange rate movement on the company's senior secured notes in the first quarter of 2006, and issuing additional senior secured notes in December, as well as recognition of an additional deferred tax asset in the first quarter of 2006.

Cash Position

As of March 31, 2007, GCUK had 38 million pounds of cash and cash equivalents. In the first quarter, GCUK had cash generated from operations of 7 million pounds and made interest payments totaling 1 million pounds on its capital leases. GCUK used a total of 2 million pounds of cash in the first quarter, including 11 million pounds for capital expenditures and principal payments on capital leases.

Non-GAAP Financial Metrics

Consistent with the Securities and Exchange Commission's (SEC's) Regulation G, the attached schedules include definitions of EBITDA and adjusted gross margin measures, as well as reconciliations of such measures to the most directly comparable financial measures calculated and presented in accordance with International Financial Reporting Standards (IFRS).

International Financial Reporting Standards

GCUK's results reported here include unaudited consolidated financial results for the three months ended March 31, 2007 and 2006 and December 31, 2006; unaudited consolidated balance sheets as of March 31, 2007; and the audited consolidated balance sheet as of December 31, 2006, in accordance with IFRS, as adopted by the European Union. GCUK's results for the first quarters of 2007 and 2006 and the fourth quarter of 2006 were included in Global Crossing's consolidated results previously reported on May 10, 2007, in accordance with U.S. GAAP.

Conference Call

Management has scheduled a conference call for Thursday, June 14, 2007, at 9:00 a.m. EDT/2:00 p.m. BST to discuss GCUK's financial results. The call may be accessed by dialing +1 212 271 4642 or +44 (0) 870 001 3140. Callers are advised to dial in 15 minutes prior to the 9:00 a.m. EDT start time. The call will also be Webcast at http://investors.globalcrossing.com/results.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, dial +1 402 977 9140 or +1 800 633 8284 and enter reservation number 21340100. UK callers may access the replay by dialing +44 (0) 870 000 3081 or 0800 692 0831 and entering reservation number 21340100.

ABOUT GLOBAL CROSSING (UK) TELECOMMUNICATIONS LIMITED

Global Crossing (UK) Telecommunications Limited 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 a 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, GCUK provides carrier services to national and international communications service providers.

Global Crossing (UK) Telecommunications operates a high-capacity UK network connecting 150 towns and cities and reaching within just over one mile of 64 percent of UK businesses. Its network is linked into the wider Global Crossing network that connects more than 320 major cities in 31 countries worldwide, and delivers services to more than 600 cities in 60 countries and 6 continents around the globe.

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.

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

This press release contains statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties that could cause GCUK's actual results to differ materially, including: the ability to successfully integrate the Fibernet business and realize the benefits anticipated from the acquisition of Fibernet; dependence on a number of key personnel; the level of competition in the marketplace; pricing pressures resulting from technology advances and regulatory changes; competitive disadvantages relative to competitors with superior resources; the concentration of revenue in a limited number of customers; customer contracts typically do not have firm commitments to purchase minimum levels of revenue or services; the reliance on a limited number of third party suppliers; periodic reviews of the company's financial conditions by certain of the company's government customers; a change of control could lead to the termination of many of the company's government contracts; insolvency could lead to termination of certain of the company's contracts; slower than anticipated adoption by customers of next generation products; the influence of the company's parent, and possible conflicts of interest of the parent or of certain of GCUK's directors and officers; exposure to unreserved contingent liabilities; and other risks referenced from time to time in the company's filings with the Securities and Exchange Commission. The company 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 jo.graves@globalcrossing.com Analysts/Investors Contact Laurinda Pang + 1 800 836 0342 glbc@globalcrossing.com Gino Mathew Europe + 1 973 937 0133 gino.mathew@globalcrossing.com IR/PR1 Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 1 Summary of Consolidated Revenues Results below are in pounds sterling in thousands. Three months ended March 31, December 31, March 31, 2007 2006 2006 (unaudited) (unaudited) (unaudited) Revenues: Enterprise and carrier data 73,597 60,401 57,864 Wholesale voice 1,368 1,155 615 74,965 61,556 58,479 Global Crossing group companies 125 151 125 Consolidated revenues 75,090 61,707 58,604 On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 2 Consolidated Statements of Operations Results below are in pounds sterling in thousands. Three months ended March 31, December 31, March 31, IFRS in IFRS Reporting Format 2007 2006 2006 (unaudited) (unaudited) (unaudited) Revenue 75,090 61,707 58,604 Cost of sales (46,307) (40,295) (34,695) Gross profit 28,783 21,412 23,909 Distribution costs (3,721) (2,822) (2,772) Administrative expenses (16,853) (13,319) (13,217) Net gain arising from acquisition of Fibernet - 8,453 - Operating profit 8,209 13,724 7,920 Finance revenue 1,279 (20) 446 Finance charges (8,708) (4,327) (5,829) Profit before tax 780 9,377 2,537 Tax (charge)/benefit (260) (11,020) 2,100 Profit (loss) for the period 520 (1,643) 4,637 Three months ended IFRS in U.S. Reporting Format March 31, December 31, March 31, 2007 2006 2006 (unaudited) (unaudited) (unaudited) REVENUES 75,090 61,707 58,604 Cost of revenue (excluding depreciation and amortization shown separately below) Cost of access (23,048) (19,678) (18,030) Real estate, network and operations (11,916) (9,543) (9,723) Third party maintenance (4,676) (3,938) (4,465) Cost of equipment sales (9,128) (9,701) (5,609) Total cost of revenue (48,768) (42,860) (37,827) Selling, general and administrative (8,224) (9,115) (7,649) Depreciation and amortization (9,565) (6,387) (5,883) Total operating expenses (66,551) (58,362) (51,359) OPERATING INCOME 8,533 3,345 7,245 OTHER INCOME (EXPENSE) Interest expense, net (7,436) (7,828) (6,911) Other (expense) income, net (317) 12,112 2,203 INCOME BEFORE BENEFIT (PROVISION) FOR INCOME TAXES 780 7,629 2,537 (Provision) benefit for income taxes (260) (11,020) 2,100 Extraordinary gain, net of tax - 1,748 - NET INCOME (LOSS) 520 (1,643) 4,637 Note: The classification differences between reporting under IFRS and U.S. GAAP are as follows: Cost of sales: Under IFRS, the company includes cost of access, third party maintenance, customer-specific costs and depreciation on network assets within cost of sales. Cost of revenue: Under U.S. GAAP, the company includes cost of access, real estate, network and operations, third party maintenance and cost of equipment sales within cost of revenue. Foreign currency gains/(losses): Under IFRS, the company includes foreign currency gains and losses within operating profit, except for those related to the senior secured notes, which are included in finance costs, and those related to loans to related parties, which are included in finance revenue. Under U.S. GAAP, all foreign exchange gains/(losses) are included in other income expense), net. Net gain arising from acquisition of Fibernet: Under IFRS, the company includes the gain on settlement of contracts due to Fibernet acquisition (8,411 pounds), the gain on recognition of negative goodwill (1,748 pounds) and charges related to restructuring Fibernet's operations (1,706 pounds) in net gain arising from acquisition of Fibernet within operating profit. Under U.S. GAAP, the gain on settlement of contracts due to Fibernet acquisition is included in other income (expense), net; the gain on recognition of negative goodwill is recognized as an extraordinary gain, net of tax; and charges related to restructuring Fibernet's operations are included in sales, general and administrative expenses. On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 3 Consolidated Balance Sheets Results below are in pounds sterling in thousands. March 31, December 31, 2007 2006 (unaudited) (audited) Non-current assets Intangible assets, net 14,461 14,241 Property, plant and equipment, net 183,581 182,556 Investment in associate 163 163 Retirement benefit asset 922 922 Trade and other receivables 33,044 33,130 Deferred tax asset 5,262 5,262 237,433 236,274 Current assets Inventory 563 1,112 Trade and other receivables 60,992 59,182 Cash and cash equivalents 37,961 40,309 99,516 100,603 Total assets 336,949 336,877 Current liabilities Trade and other payables (76,518) (77,581) Deferred revenue (47,501) (48,005) Provisions (2,234) (3,266) Obligations under finance leases (10,501) (9,214) Other debt obligations (417) (167) Derivative financial instrument (954) (894) (138,125) (139,127) Non-current liabilities Trade and other payables (740) (647) Senior secured notes (249,916) (249,631) Deferred revenue (110,430) (109,765) Retirement benefit obligation (2,808) (2,808) Provisions (4,482) (5,243) Obligations under finance leases (22,065) (23,209) Other debt obligations (779) (232) Derivative financial instrument (1,670) (1,789) (392,890) (393,324) Total liabilities (531,015) (532,451) Net liabilities (194,066) (195,574) Capital and reserves Equity share capital (101,000 shares outstanding at £1 each) 101 101 Capital reserve 26,083 25,368 Hedging reserve (2,343) (2,616) Accumulated deficit (217,907) (218,427) Total equity (194,066) (195,574) On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 4 Consolidated Cash Flow Statements Results below are in pounds sterling in thousands. Three months ended March 31, 2007 March 31, 2006 (unaudited) (unaudited) Operating activities: Profit for the period 520 4,637 Adjustments for: Finance costs, net 7,429 5,383 Income tax 260 (2,100) Depreciation of property, plant and equipment 8,299 5,288 Amortization of intangible assets 856 186 Share based payment expense 715 471 Loss/(gain) on disposal of property, plant and equipment 266 (46) Equity income from associate - (128) Change in provisions (1,859) (686) Change in operating working capital (10,169) (2,734) Change in other assets and liabilities 960 (1,681) Cash generated from operations 7,277 8,590 Interest paid (996) (440) Net cash provided by operating activities 6,281 8,150 Investing activities: Interest received 1,168 1,049 Purchase of property, plant and equipment (8,439) (4,570) Proceeds from disposal of property, plant and equipment - 8 Net cash used in investing activities (7,271) (3,513) Financing activities: Repayments of capital elements under finance leases (2,132) (1,112) Proceeds from debt obligations, net 774 399 Net cash used in financing activities (1,358) (713) Net increase (decrease) in cash and cash equivalents (2,348) 3,924 Cash and cash equivalents at beginning of period 40,309 44,847 Cash and cash equivalents at end of period 37,961 48,771 Non cash in financing activities: Capital lease and debt obligations incurred 3,984 275 On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Pursuant to the SEC's Regulation G, the following table provides a reconciliation of IFRS EBITDA, which is considered a non-GAAP (Generally Accepted Accounting Principles) financial metric, to profit (loss) for period, which is the most directly comparable IFRS measure. GCUK's calculation of IFRS EBITDA may not be consistent with IFRS EBITDA measures of other companies. Management believes that IFRS EBITDA is a relevant indicator of operating performance, especially in a capital intensive industry such as telecommunications. IFRS EBITDA is an important aspect of the company's internal reporting and is also used by the investment community in assessing performance. This non-GAAP financial measure should be used in addition to, but not as a substitute for, the analysis provided in the consolidated statement of operations. Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 5 Reconciliation of IFRS EBITDA to Profit (Loss) for the Period (unaudited) Results below are in pounds sterling in thousands. Three months ended March 31, December 31, March 31, 2007 2006 2006 (unaudited) (unaudited) (unaudited) IFRS EBITDA 17,774 20,111 13,803 Depreciation and amortization (9,565) (6,387) (5,883) Finance revenue 1,279 (20) 446 Finance costs (8,708) (4,327) (5,829) Taxation (260) (11,020) 2,100 Profit (loss) for period 520 (1,643) 4,637 Definition: IFRS EBITDA consists of profit (loss) for the period before taxation, finance costs, finance revenue and depreciation and amortization expense recorded to cost of sales and administrative expenses. On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 6 Reconciliation of Profit (Loss) Under IFRS to U.S. GAAP Results below are in pounds sterling in thousands. Three months ended March 31, December 31, March 31, 2007 2006 2006 (unaudited) (unaudited) (unaudited) Profit (loss) reported under IFRS 520 (1,643) 4,637 Reconciling items: Push down of Global Crossing's fresh start accounting: - Deferred income (1,136) (1,133) (1,141) Long-term IRU agreements (87) (87) (87) Restructuring costs 95 (20) 126 Pensions - 11 1 Dilapidation provisions (39) (39) 33 Share-based compensation (4) 87 (154) Income taxes - 106 (2,017) Purchase accounting - restructuring - 1,706 - Purchase accounting - goodwill 53 (1,748) - (Loss) income under U.S. GAAP (598) (2,760) 1,398 On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006. Pursuant to the SEC's Regulation G, the following table provides a reconciliation of Adjusted Gross Margin, which is considered a non-GAAP financial metric, to gross margin, which is the most directly comparable IFRS measure. Management believes that Adjusted Gross Margin is a relevant indicator of operating performance since it links revenue lines with the largest and most directly related costs incurred to generate such revenue. Adjusted Gross Margin should be used in addition to, but not as a substitute for, the analysis provided in the consolidated statement of operations. Global Crossing (UK) Telecommunications Limited and Subsidiaries Table 7 Reconciliation of Adjusted Gross Margin to Gross Profit (unaudited) Results below are in pounds sterling in thousands. Three months ended March 31, December 31, March 31, 2007 2006 2006 (unaudited) (unaudited) (unaudited) Adjusted Gross Margin 52,042 42,029 40,574 Less: Customer-specific costs (10,128) (10,782) (6,649) Third-party maintenance (4,676) (3,938) (4,465) Depreciation & amortization (included within cost of sales) (8,455) (5,897) (5,551) Gross Profit (IFRS) 28,783 21,412 23,909 Definitions: Adjusted gross margin is revenue minus cost of access. Gross profit is revenue minus cost of access, customer-specific costs, third party maintenance and depreciation and amortization recorded to cost of sales. On October 11, 2006, GC Acquisitions, a wholly-owned subsidiary of Global Grossing Limited and affiliate of Global Crossing (UK) Telecommunications Ltd. (GCUK), took control of Fibernet Group Plc (Fibernet), and since that date the results of Fibernet have been consolidated into Global Crossing's results. On December 28, 2006, GCUK acquired all of Fibernet's UK operations from GC Acquisitions. Accordingly, Fibernet's UK operations results are included in GCUK's 2006 results as of December 28, 2006.

Global Crossing

CONTACT: Becky Yeamans, +1-973-937-0155, PR@globalcrossing.com, Jo
Graves, Europe, +44-0-1256-858-403, jo.graves@globalcrossing.com;
ANALYSTS/INVESTORS: Laurinda Pang, +1-800-836-0342, glbc@globalcrossing.com,
Gino Mathew, Europe, +1-973-937-0133, gino.mathew@globalcrossing.com, all of
Global Crossing

Web site: http://www.globalcrossing.com/
http://investors.globalcrossing.com/results.cfm
http://blogs.globalcrossing.com/

Charlotte Couple Chosen to Wed in the Wal-Mart Aisles on 7/7/07Local couple are 'Lucky in Love' and awarded wedding package, ceremony and reception venues on most popular wedding date of the year

BENTONVILLE, Ark., June 14 /PRNewswire-FirstCall/ -- Charlotte, N.C., couple Caleb Cox and Ella Glass are "lucky in love" after learning they are one of only seven couples across the country that will be married at a Wal-Mart store on one of the most sought-after wedding dates in recent years. Wal-Mart stores and G-Squared, a Wal-Mart exclusive brand from Gartner Studios, announced the names of the seven couples receiving such wedding packages earlier this week as a result of their "Lucky in Love Wedding Search."

When Wal-Mart Stores discovered many of its betrothed customers were having difficulty finding venues for their July 7 -- or 7/7/07 -- weddings due to the popularity of a "lucky 7" date, they joined G-Squared to provide a solution. In addition, the cost of the average American wedding can be overwhelming at $22,000(1). The answer was the "Lucky in Love Wedding Search" to provide seven couples their local Wal-Mart lawn and garden area as the colorful backdrop for the ceremonies and receptions. After reviewing more than 400 entries from across the country, Caleb and Ella were selected to say "I do" at the Wal-Mart Supercenter at 3706 Diann Marie Road in Louisville, Ky., which is Ella's hometown.

Caleb and Ella met, as fate would have it, by complete accident in an online chat room. In Ella's words, "We first were the best of friends, then as love often does, we were caught off guard." When Ella moved from Louisville to Charlotte to be with Caleb, their relationship grew even stronger. After almost four years of dating, the couple is thrilled to finally be getting married.

A wedding on July 7 will not only be a celebration of love for Ella and Caleb but also a chance to turn a date long-associated with sadness into a day of happiness and healing for years to come. On that same date in 2001, Ella's father passed away and her wedding on 7-7-07 will allow her to reclaim the day as one of renewal. Undoubtedly she will walk down the aisle with one of her father's favorite sayings ringing in her ears ... "Dance with me, come on, dance with me as if it were your wedding."

"As young professionals, we have little money for entertainment or luxury items," Ella wrote in her Lucky in Love Wedding Search registration essay. "Our solution -- we do a date at Wal-Mart. Yep, right in the store. We walk the aisles, looking for high quality items within our price range. We window shop, pick out cards for family, check off items on our grocery list ... we simply spend time together and save money while we do it."

"We understand that a couple's wedding day is a major celebration and we're thrilled to be a part of such an important day in their lives," said Andy Barron, Wal-Mart senior vice president of merchandise. "All of us at Wal-Mart are excited to be hosting these events and wish each couple every good fortune in their futures together."

Caleb and Ella will receive a wedding package with an estimated value of more than $5,000. The package not only includes the decorated wedding venue in Wal-Mart's colorful lawn and garden area, but also an adjacent tent for the reception area, wedding cake and reception food. The package also includes the bride and groom 14kt gold and diamond Keepsake wedding bands, wedding invitations, fresh floral bouquets, digital camera and digital photo frame, portable GPS device and a $1,000 Wal-Mart gift card.

"We are predicting that twice the number of brides as other Saturdays in July will marry this July 7, and many facilities were booked well over a year in advance," said Richard Markel, Director of the Association for Wedding Professionals International (http://www.afwpi.com/). "Wal-Mart has provided a great opportunity-and solution-for Ella and other brides; without this opportunity, they might have had to settle for another, less memorable date."

The six other couples receiving weddings include: Michael Lefevers and Rachel Evans of Lebanon, OR; Jimmie Lee Cottrell and Katessa Burtch of Kokomo, IN; Matthew Cauthon and Candace Presley of Gore, OK; Billy Guidry and Kymberlie DeRouen of New Iberia, LA; Duwayne Surprise and Liz Donaldson of Janesville, WI; and Jarrod Fernando VanDyke and Genny Armstrong of Bristol, VA.

About Wal-Mart Stores, Inc.

Every week, millions of customers visit Wal-Mart Stores, Supercenters, Neighborhood Markets, and Sam's Club locations across America or log on to its online store at http://www.walmart.com. The company and its Foundation are committed to a philosophy of giving back locally. Wal-Mart is proud to support the causes that are important to customers and associates right in their own neighborhoods, and last year gave more than $270 million to local communities in the United States. To learn more, visit http://www.walmartfacts.com/, http://www.walmartstores.com/, or http://www.walmartfoundation.org/.

About G Squared/Gartner Studios

Founded in 1998, G Squared/Gartner Studios is a creative design studio and stationery company based out of the river town of Stillwater, Minnesota. The headquarters are located in the historic 100 year old Stillwater Post Office building. G Squared branded products are sold exclusively through Wal-Mart stores nationwide. Gartner Studios currently provides stationery products, print-your-own products and related categories for all major mass merchants, party suppliers and office super stores. Our products can also be found online at most major online retailers, as well as through our own store, http://www.gartnerstudios.com/shop.

(1) National Association of Wedding Ministers

Photo: http://www.newscom.com/cgi-bin/prnh/20070611/WALMARTLOGO1
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk: photodesk@prnewswire.com Wal-Mart Stores, Inc.

CONTACT: Karen Burk of Wal-Mart, 1-800-331-0085; or Kathi Mishek of
Gartner Studios, +1-651-275-8346

Web site: http://www.walmartstores.com/
http://www.gartnerstudios.com/
http://www.afwpi.com/

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