Sipex Adds 7-Channel Lighting Management Unit to Mobile Backlighting PortfolioThe 3 Bank SP7680 LED Driver Maximizes Flexibility for Multiple Backlighting Configurations

MILPITAS, Calif., June 26 /PRNewswire-FirstCall/ -- Sipex Corporation today announced the release of the SP7680, a seven channel, charge-pump based, Light Management Unit (LMU) designed for mobile display and keypad LED backlighting.

The SP7680 is targeted at backlighting the main display, sub-display, and indicator functions. Seven LED driver channels are partitioned into three banks of four channels, two channels and one channel; however, the LEDs can be configured in numerous combinations to meet the needs of various lighting requirements. Each bank can be independently programmed through an I2C interface up to 31mA (63mA for the single channel bank) with 6-bit resolution.

The SP7680 charge pump has gains of both 1x and 1.5x and, along with a driver dropout voltage of 0.2V, maximizes efficiency and extends the minimum input voltage range. The device operates at 2MHz, utilizes only 4 small capacitors and is offered in a 3x3mm QFN16 package, requiring minimum board space.

"The SP7680, with its unique three bank LED driver design, delivers the ultimate flexibility in solving a wide variety of backlighting requirements making it an excellent choice for designers working across multiple design platforms," said Chris Lee, technical marketing manager for power products at Sipex.

"This product is an excellent example of Sipex's focus on more proprietary, higher integration, system level solutions to drive more value for our customers," said Ed Lam, Vice President of Marketing for Sipex. "We have had excellent customer response to the functionality the SP7680 offers in mobile applications."

Pricing and Availability

The SP7680 is available in a Pb-free, thermally enhanced, 16-pin 3x3mm QFN package, and it is specified over the -40DegreesC to +85DegreesC temperature range. Pricing for these products begins at $1.50 in 1,000 piece quantities. Data sheets and additional information on this family and other Sipex product offerings may be found on the company website at http://www.sipex.com/.

About Sipex Corporation

Sipex Corporation is an analog semiconductor company that addresses standard linear and application specific standard products (ASSP) for customer systems that are primarily targeted at the consumer, networking and industrial markets. The products are categorized into three synergistic areas of power management, interface and optical storage. Sipex is a global company with operations in Asia, Europe and North America. It is the mission of the company to create innovative analog products that enable customers to produce differentiated products. For more information about Sipex, visit http://www.sipex.com/.

Sipex Corporation

CONTACT: Chris Lee of Sipex Corporation, +1-408-635-7446, fax,
+1-408-935-7678, clee@sipex.com

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

Company News On-Call: http://www.prnewswire.com/comp/111683.html

Ingram Micro to Release Second Quarter 2007 Results on July 26

SANTA ANA, Calif., June 26 /PRNewswire-FirstCall/ -- Ingram Micro Inc. will release financial results for the second quarter, which ended June 30, 2007, after the market closes on Thursday, July 26, 2007. A conference call with executive management will be held at 5 p.m. ET (2 p.m. PT) on that day.

Who: Ingram Micro Inc. Executive Management What: Second quarter 2007 results - conference call and presentation slides When: Thursday, July 26, at 5 p.m. ET (2 p.m. PT) How: Visit the company's Web site at http://www.ingrammicro.com/ (Investor Relations section) or call (888) 455-0750 (toll-free) or (210) 234-0002 (outside the United States or Canada). The call password is "Ingram Micro." Accompanying presentation slides also will be available at http://www.ingrammicro.com/ (Investor Relations section).

The conference call will be recorded and available after 7 p.m. ET on Thursday, July 26, for approximately one week. You may listen to the recording by calling (800) 678-3180. If you are outside the United States or Canada, call (402) 220-3063. An audio file of the conference call and the presentation slides also will be available on the Investor Relations Overview page of the Ingram Micro Web site located at http://www.ingrammicro.com/ for approximately one week.

About Ingram Micro Inc.

As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics services, technical support, financial services, and product aggregation and distribution. The company serves more than 150 countries and is the only global broadline IT distributor with operations in Asia. Visit http://www.ingrammicro.com/.

(C)2007 Ingram Micro Inc. All rights reserved. Ingram Micro and the registered Ingram Micro logo are trademarks used under license by Ingram Micro Inc.

Ingram Micro Inc.

CONTACT: media, Jim Trainor, +1-714-382-2378,
jim.trainor@ingrammicro.com, or Rekha Parthasarathy, +1-714-382-1319,
rekha@ingrammicro.com, or investors, Ria Marie Carlson, +1-714-382-4400,
ria.carlson@ingrammicro.com, or Kay Leyba (714) 382-4175,
kay.leyba@ingrammicro.com, all of Ingram Micro Inc.

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

MPC Computers Rolls Out New Desktop and Notebook Products

NAMPA, Idaho, June 26 /PRNewswire/ -- MPC Computers, a wholly-owned subsidiary of MPC Corporation , announced today new ClientPro(R) desktop and TransPort(R) notebook products aimed at medium size business, education, healthcare and government markets. The expanded MPC offering takes secure and environmentally-friendly computing to a new level, with lower cost and higher performance options, in both traditional Desktop and Notebook form factors as well as MPC's innovative All-In-One(TM) design.

The TransPort(R) 2500 Notebook, brings the enterprise user a higher level of performance and flexibility by providing desktop-class computing in a thin and light form factor. Including the latest in Intel(R) Centrino(TM) Duo mobile processor technology, the TransPort(R) 2500 delivers desktop-class performance in a package that is less than 5.5 lbs. The unit comes with two widescreen display options (WXGA and WXGA+) graphics options up 256MB, a built-in fingerprint sensor and TPM (Trusted Platform Module v 1.2) and expandable memory up to 4GB. Also available is an optional docking station with a power button, hot-docking/undocking, a DVI monitor port and Gigabit LAN. The ClientPro(R) 175 Desktop delivers a powerful and energy efficient PC that is ideal for enterprise and education computing. The eco-friendly ClientPro(R) 175, although low in price, is rich on features, including support of the latest Intel Core 2 Duo processors, along with a full complement of I/O ports including USB 2.0, Serial, Parallel ports and Gigabit Ethernet. The ClientPro(R) 175 Desktop also sports a new energy efficient power supply making the computer substantially more efficient, reliable and quiet. The ClientPro(R) 434 All-in-One(TM) redefines the enterprise workspace with space savings and style. The innovative ClientPro(R) 434 All-in-One offers the power of a full-sized PC in the space of a standard LCD display. The compact design with touch screen option and standards-based VESA mounting make the CP434 ideal for healthcare deployment because of its ability to mount onto medical carts and related equipment. Now also available in the ClientPro(R) 434 is an optional Smart Card Reader making the device ideal for secure government deployments. The ClientPro(R) 434 comes in three options, including a 19 inch widescreen display, 17 inch display and 17 inch display with touch screen.

"MPC's client computing strategy is to deliver a range of products that cover the complete spectrum of enterprise workspace computing," said Greg Wolff, Area Vice President of Product Marketing at MPC Computers. "The new TransPort 2500, ClientPro 175 and ClientPro 434 offer the latest in client computing technology packaged in form factors that are versatile, cost effective and backed with the PC industry's best service and support."

All three of the new products support both Microsoft Windows Vista(TM) Ultimate, Business, Home Premium and Basic as well as Microsoft Windows(R) XP Professional operating systems. Customers also have the choice of purchasing Windows Vista and having MPC install Microsoft Windows XP as long as the customer has a valid and current Windows license.

"We are very excited to see the increasing rate of genuine Windows Vista adoption in the Enterprise," says John Ball, General Manager of US OEM at Microsoft Corporation. "MPC's genuine Windows Vista certified product portfolio and MPC's North American based service and support ensures customers a high quality and reliable Windows Vista premium experience."

The new products support the complete range of Intel(R) processor technologies including the Intel(R) Core(TM) 2 Duo and new Pentium(TM) Dual Core processor families.

"With the availability of multi-core technology at cost effective price points, enterprises that have been holding off on PC refresh cycles may now want to make the move," said CJ Bruno, Director of Americas Marketing, Intel. "Intel's multi-core technology delivers the combination of high performance and low power that enhances the features on MPC's broad portfolio of Intel(R) architecture-based systems."

Find out more about MPC's ClientPro, TransPort and All-In-One product lines, please contact MPC by calling 1-888-224-4247 or online at http://www.mpccorp.com/.

About MPC Corporation:

MPC Corporation , through its subsidiary MPC Computers, provides enterprise IT hardware solutions to mid-sized businesses, government agencies and education organizations. MPC offers standards-based server and storage products, along with PC products and computer peripherals, all of which are backed by an industry-leading level of service and support. For more information, visit MPC online at http://www.mpccorp.com/.

MPC Computers

CONTACT: Crystal Thomas of MPC Corporation, +1-208-893-1621,
cdthomas@mpccorp.com

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

Spectrum Control Reports Second Quarter ProfitNet Income Increases 59% from a Year Ago; Operating Margins Continue to Improve

FAIRVIEW, Pa., June 26 /PRNewswire-FirstCall/ --

FlashResults Spectrum Control, Inc. (SPEC) (Numbers in Thousands, Except Per Share Data) 2nd quarter ended 2nd quarter ended 5/31/2007 YTD 5/31/2006 YTD Sales $33,558 66,445 31,884 57,444 Net Income 2,750 4,869 1,729 2,019 Average Shares 13,798 13,694 13,341 13,267 EPS $0.20 $0.36 $0.13 $0.15

Spectrum Control, Inc. , a leading designer and manufacturer of electronic control products and systems, today reported results for the second quarter ended May 31, 2007.

For the second quarter of fiscal 2007, the Company reported net income of $2.8 million or 21 cents per share (20 cents diluted) on sales of $33.6 million, compared to net income of $1.7 million or 13 cents per share on sales of $31.9 million for the same period last year. For the first half of fiscal 2007, the Company had net income of $4.9 million or 37 cents per share (36 cents diluted) on sales of $66.4 million. For the comparable period of 2006, the Company had net income of $2.0 million or 15 cents per share on sales of $57.4 million.

Dick Southworth, the Company's President and Chief Executive Officer, commented, "During the current quarter, full production was achieved at our new ceramic manufacturing facility in State College, Pennsylvania, As a result, our material costs decreased significantly as substantially all purchases of specialty ceramic components from third party suppliers were eliminated. Driven by these lower costs, our income from operations improved to 13.4 percent of sales in the current quarter, and earnings grew by 59 percent over the prior year period, while our net income rose to 8.2 percent of sales. With operating efficiencies and productivity at our new State College facility expected to further improve throughout the year, we believe our Company is poised for additional profitability and enhanced shareholder value."

Second Quarter Highlights -- Positive Book-to-Bill Ratio Total customer orders received in the second quarter of fiscal 2007 amounted to $35.4 million, an increase of $1.2 million from the second quarter of fiscal 2006, and up $1.4 million sequentially from the first quarter of this year. This strong order rate generated a positive book- to-bill ratio (customer orders compared to net sales) of 1.06 to 1.00 during the current quarter. -- Improved Gross Margin In the second quarter of fiscal 2007, our gross margin was $9.1 million or 27.2% of sales, compared to $7.8 million or 24.5% of sales for the same quarter last year, and $7.8 million or 23.7% of sales for the first quarter of this year. This significant improvement in gross margin primarily reflects the benefits generated by our new State College ceramic manufacturing facility. -- Strong Operating Cash Flow Net cash generated by operating activities was $4.4 million in the first half of fiscal 2007, which allowed us to reduce our short-term bank borrowings by $2.0 million while also paying cash for our $2.4 million acquisition of EMF Systems in January of this year. Business Segment Discussion

Our operations are currently conducted in four reportable segments: signal and power integrity components; microwave components and systems; power management systems; and sensors and controls.

Our Signal and Power Integrity Components Business designs and manufactures a broad range of products including low pass electromagnetic interference ("EMI") filters, filter plates, filtered connectors, circular connectors, specialty ceramic capacitors, power entry modules, power line filters, antennas, and numerous value added assemblies. Sales of signal and power integrity components were relatively stable in the current period, with sales of $14.8 million in the current quarter and $ 15.0 million in the comparable quarter a year ago. Sales of these products were $30.0 million in the first six months of fiscal 2007, up $3.7 million from the same period last year. In the first half of fiscal 2006, our signal integrity product sales were negatively impacted by the aftermath of Hurricane Katrina and our inability to obtain ceramic components necessary to complete certain signal product orders.

Our Microwave Components and Systems Business designs and manufactures microwave filters, amplifiers, frequency mixers, oscillators, synthesizers, multiple channel filter banks, and related products and integrated assemblies. Sales for this business segment were $11.7 million in the current quarter, compared to $13.4 million for the second quarter of 2006. In the first half of fiscal 2007, microwave product sales amounted to $22.8 million, versus $23.9 million in the comparable period of 2006. After experiencing significant growth throughout the last two years, shipments of these products decreased in the current period as certain major military-related programs were completed and not yet fully renewed or replaced with the next generation of products. We expect this normal program transition period to be completed later in this year, after which we believe our microwave components and systems will resume their positive historical growth rate.

Our Sensors and Controls Business designs and manufactures rotary and linear precision potentiometers, temperature sensing probes, thermistors, resistance temperature detector sensors, and related assemblies. Sales of our sensors and controls were $5.2 million in the current quarter, an increase of $3.2 million or 157% from the second quarter of fiscal 2006. Of this increase, $2.4 million relates to our acquisition of Advanced Thermal Products, Inc. in July of last year, with the additional current quarter growth reflecting increased orders for our custom position sensors and related assemblies. These products are used in various commercial, aerospace and military markets, with major applications in medical and meteorological instruments, animatronics and robotics, aircraft flap position actuators, cockpit instrumentation, military vehicles, and various automotive controls. For the first six months of fiscal 2007, sales of our sensors and controls were $10.1 million, up $6.4 million from the comparable period last year.

Our Power Management Systems Business designs and manufactures power distribution units, breaker and fuse interface panels, custom power outlet strips, and our Smart Start power management systems. Sales for these products amounted to $1.9 million in the second quarter of fiscal 2007, up 27% from the same period last year, as certain customers resumed ordering after completing consumption of their temporary excess inventories. For the first half of fiscal 2007, sales for these products were $ 3.4 million, about even with a year ago. We continue to be optimistic about the long-term growth potential of our advanced power management systems, which are used in various infrastructure equipment including voice-over-internet protocol (VoIP), unmanned military transport equipment, wireless base stations, and switching gear.

Current Business Outlook

Mr. Southworth stated, "Based on our current assessment of customer demand and our existing customer order backlog, we presently expect our 2007 third quarter sales to be $34.5 to $35.5 million. Based on this shipment level, and continued improvements in operating margin driven by our new State College ceramic manufacturing facility, we expect our 2007 third quarter earnings to be approximately 22 to 23 cents per share, which would represent an increase of over 57% from the comparable period of 2006. Beyond the third quarter, we firmly believe that our Company is strategically positioned for dynamic growth and greater profitability."

Forward-Looking Information

This press release contains statements that are forward-looking statements within the meaning of the Private Securities Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.

Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors and risks discussed from time to time in the Company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by industry market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

Simultaneous Webcast and Teleconference Replay

Spectrum Control, Inc. will host a teleconference to discuss its second quarter results on Tuesday, June 26, 2007, at 4:45 p.m., Eastern Time. Internet users will be able to access a simultaneous webcast of the teleconference at http://www.spectrumcontrol.com/ or http://www.vcall.com/. A taped replay of the call will be available through June 27, 2007 at 877-660-6853, access account 286, conference 244782, or for 30 days over the Internet at the Company's website.

About Spectrum Control

Spectrum Control designs and manufacturers a wide range of components and systems used to condition, regulate, transmit, receive, or govern electronic performance. The Company's largest markets are military and communications equipment, with applications in secure communications, smart weapons and munitions, countermeasures for improvised explosive devices, missile defense systems, wireless base stations, broadband switching gear, and global positioning systems.

For more information about Spectrum Control and its products, please visit the Company's website at http://www.spectrumcontrol.com/.

Spectrum Control, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (Unaudited) (Dollar Amounts in Thousands) May 31, November 30, 2007 2006 Assets Current assets Cash and cash equivalents $4,027 $3,501 Accounts receivable, net Trade 24,947 22,676 Insurance recovery - 1,500 Inventories 23,894 21,754 Deferred income taxes 1,253 1,253 Prepaid expenses and other current assets 1,762 1,778 Total current assets 55,883 52,462 Property, plant and equipment, net 24,535 24,236 Noncurrent assets Goodwill 35,760 34,508 Other 7,685 8,001 Total assets $123,863 $119,207 Liabilities and Stockholders' Equity Current liabilities Short-term debt $7,000 $9,000 Accounts payable 6,622 7,227 Income taxes payable 610 71 Accrued liabilities 4,615 4,061 Current portion of long-term debt 95 295 Total current liabilities 18,942 20,654 Long-term debt 1,057 1,131 Other liabilities 1,760 2,013 Deferred income taxes 7,584 6,810 Stockholders' equity 94,520 88,599 Total liabilities and stockholders' equity $123,863 $119,207 Spectrum Control, Inc. and Subsidiaries Condensed Consolidated Statements of Income (Unaudited) ( Amounts in Thousands Except Per Share Data ) Three Months Ended Six Months Ended May 31, May 31, 2007 2006 2007 2006 Net sales $33,558 $31,884 $66,445 $57,444 Cost of products sold 24,425 24,074 49,510 44,414 Gross margin 9,133 7,810 16,935 13,030 Selling, general and administrative expense 4,639 4,961 9,076 9,853 Income from operations 4,494 2,849 7,859 3,177 Other income (expense) Interest expense (159) (98) (326) (139) Other income and expense, net 31 (2) 196 180 (128) (100) (130) 41 Income before provision for income taxes 4,366 2,749 7,729 3,218 Provision for income taxes 1,616 1,020 2,860 1,199 Net income $2,750 $1,729 $4,869 $2,019 Earnings per common share : Basic $0.21 $0.13 $0.37 $0.15 Diluted $0.20 $0.13 $0.36 $0.15 Average number of common shares outstanding : Basic 13,364 13,093 13,298 13,078 Diluted 13,798 13,341 13,694 13,267 Spectrum Control, Inc. and Subsidiaries Selected Financial Data (Unaudited) Three Months Ended Six Months Ended May 31, May 31, 2007 2006 2007 2006 Selected Financial Data, as a Percentage of Net Sales : Net sales 100.0 % 100.0 % 100.0 % 100.0 % Cost of products sold 72.8 75.5 74.5 77.3 Gross margin 27.2 24.5 25.5 22.7 Selling, general and administrative expense 13.8 15.6 13.7 17.2 Income from operations 13.4 8.9 11.8 5.5 Other income (expense) Interest expense (0.5) (0.3) (0.5) (0.2) Other income and expense, net 0.1 - 0.3 0.3 Income before provision for income taxes 13.0 8.6 11.6 5.6 Provision for income taxes 4.8 3.2 4.3 2.1 Net income 8.2 % 5.4 % 7.3 % 3.5 % Selected Operating Segment Data : (Dollar Amounts in Thousands) Signal and power integrity components: Customer orders received $16,442 $17,887 $29,808 $32,406 Net sales 14,790 14,964 30,054 26,372 Microwave components and systems: Customer orders received 11,604 11,732 24,385 21,951 Net sales 11,727 13,433 22,813 23,918 Power management systems: Customer orders received 1,714 1,901 3,796 3,447 Net sales 1,875 1,473 3,433 3,393 Sensors and controls: Customer orders received 5,675 2,702 11,476 5,141 Net sales 5,166 2,014 10,145 3,761

Spectrum Control, Inc.

CONTACT: John P. Freeman, Senior Vice President, Chief Financial Officer
of Spectrum Control, Inc., +1-814-474-4310

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

Diebold Listed by Underwriters Laboratories as a Provider Of UL 2050 Certificated SystemsSecurity certification allows company to service and monitor U.S. government facilities

NORTH CANTON, Ohio, June 26 /PRNewswire-FirstCall/ -- Diebold, Incorporated , a global leader in the security industry, has been Underwriters Laboratories' (UL) Listed in the Certificate Service Category of CRZH, National Industrial Security Systems. The CRZH Listing allows Diebold to provide, install and maintain alarm systems certified as National Industrial Security Systems for the U.S. government.

These alarm systems, also known as "UL 2050 certificated sites," are typically government facilities or contractors that house classified materials, including documents, military equipment, information systems and personnel, among other things. Before a company is Listed, it has to go through a rigorous evaluation to meet specific criteria designated by UL.

"This Listing puts Diebold among the elite government security providers," said V. John Stroia, vice president, government and monitoring solutions, Diebold. "It allows us to become more competitive in the government security sector, and it opens doors of opportunity for Diebold to have a larger stake in the government and monitoring solutions market."

Diebold currently has three service centers which are UL CRZH Listed: the facility in Virginia Beach, Va., was certified in March 2004, the center in Lanham, Md., was certified in July 2006 and the center in Jupiter, Fla., was certified in March 2007.

Certification for the Lanham service center will help Diebold become a more formidable security competitor within the Washington D.C. metro area, where substantial growth is anticipated in the government and commercial electronic security market over the next two years. Likewise, the certification will provide the Florida service center with an even greater regional presence in the government security industry.

In addition, the Uniontown, Ohio, and Honolulu, Hawaii, Diebold Event Monitoring Centers (EMC) are UL Listed Central Stations. For a monitoring center to become Listed, it must meet the requirements of UL Standard 2050 "National Industrial Security Systems for the Protection of Classified Material" and UL Standard 681 "Installation and Classification of Mercantile & Bank Burglar Alarm Systems."

Diebold service centers employ more than 4,500 service technicians committed to providing the highest quality installation, service and maintenance programs in the security industry. The company's service technicians have unparalleled experience in servicing a wide-variety of electronic security components, and are backed by a sophisticated technical support center.

Diebold Global Security is a leading security integrator with representation in every region of the world. Focused on the sale, installation and service of security components, Diebold Global Security provides comprehensive protection and detection solutions to the commercial, financial, government and retail markets. For more information, visit http://www.dieboldsecurity.com/.

About Diebold

Diebold, Incorporated is a global leader in providing integrated self- service delivery and security systems and services. Diebold employs more than 15,000 associates with representation in nearly 90 countries worldwide and is headquartered in Canton, Ohio, USA. Diebold reported revenue of $2.9 billion in 2006 and is publicly traded on the New York Stock Exchange under the symbol "DBD." For more information, visit the company's Web site at http://www.diebold.com/.

Diebold, Incorporated

CONTACT: Media Relations, Joe Richardson, +1-330-490-5562,
richarj2@diebold.com; Investor Relations, Jennifer Bako, +1-330-490-6318,
bakoj@diebold.com

Web site: http://www.diebold.com/
http://www.dieboldsecurity.com/

California Micro Devices to Present at C.E. Unterberg, Towbin's Emerging Growth Conference

MILPITAS, Calif., June 26 /PRNewswire-FirstCall/ -- California Micro Devices today announced that Robert V. Dickinson, President and Chief Executive Officer, will present at C.E. Unterberg, Towbin's Emerging Growth Conference at the Mandarin Oriental in New York, New York. Mr. Dickinson is scheduled to present at 8:30 a.m. (Eastern Time) on Wednesday, July 11, 2007.

A live Web cast of California Micro Devices' presentation may be accessed at the Company's corporate Web site (Investor Relations Link), at http://www.cmd.com/. Access to the replay will be available one hour after the Web cast and continuing for approximately 90 days.

About California Micro Devices Corporation

California Micro Devices Corporation is a leading supplier of application specific analog and mixed signal semiconductor products for the mobile handset, digital consumer electronics and personal computer markets. Key products include protection devices for mobile handsets, digital consumer electronics products such as digital TVs and personal computers as well as analog and mixed signal ICs for mobile handset displays. Detailed corporate and product information may be accessed at http://www.cmd.com/.

California Micro Devices Corporation

CONTACT: Kevin Berry, Chief Financial Officer of California Micro
Devices Corporation, +1-408-934-3197, kevinb@cmd.com

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

GSI Commerce Reiterates Fiscal 2007 Second Quarter and Annual Guidance

KING OF PRUSSIA, Pa., June 26 /PRNewswire-FirstCall/ -- GSI Commerce Inc. , a leading provider of e-commerce solutions, today announced that the company remains comfortable with its fiscal 2007 second quarter and annual financial guidance as previously reported on April 25, 2007. The company's fiscal quarter ends on June 30, 2007, and the company expects to announce its fiscal 2007 second quarter operating results on July 25.

About GSI Commerce(R)

GSI Commerce is a leading provider of e-commerce solutions that enable retailers, branded manufacturers, entertainment companies and professional sports organizations to operate e-commerce businesses. We provide solutions for our partners through our integrated e-commerce platform, which is comprised of three components: technology, logistics and customer care, and marketing services. We provide e-commerce solutions for more than 60 partners.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements made in this release, other than statements of historical fact, are forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "will," "would," "should," "could," "guidance," "potential," "opportunity," "continue," "project," "forecast," "confident," "prospects," "schedule," "designed," "future" and similar expressions typically are used to identify forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business of GSI Commerce. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements. Factors which may affect GSI Commerce's business, financial condition and operating results include the effects of changes in the economy, consumer spending, the financial markets and the industries in which GSI Commerce and its partners operate, changes affecting the Internet and e- commerce, the ability of GSI Commerce to develop and maintain relationships with strategic partners and suppliers and the timing of its establishment, extension or termination of its relationships with strategic partners, the ability of GSI Commerce to timely and successfully develop, maintain and protect its technology, confidential and proprietary information, and product and service offerings and execute operationally, the ability of GSI Commerce to attract and retain qualified personnel, the ability of GSI Commerce to successfully integrate its acquisitions of other businesses, if any, and the performance of acquired businesses. More information about potential factors that could affect GSI Commerce can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed by GSI Commerce with the SEC. GSI Commerce expressly disclaims any intent or obligation to update these forward- looking statements.

Contact: GSI Commerce, Inc. Corporate Marketing 610.491.7474 Fax: 610.265.2866 news@gsicommerce.com

GSI Commerce, Inc.

CONTACT: GSI Commerce, Inc., Corporate Marketing, +1-610-491-7474, Fax,
+1-610-265-2866, news@gsicommerce.com

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

Oracle Reports Q4 GAAP EPS up 27% to 31 Cents, Non-GAAP EPS up 28% to 37 CentsQ4 New Software License Revenues Up 17%, Annual Operating Cash Flow Up $1 Billion To $5.5 Billion

REDWOOD SHORES, Calif., June 26 /PRNewswire-FirstCall/ -- Oracle Corporation today announced that fiscal 2007 Q4 GAAP earnings per share were up 27% to $0.31, compared to the same quarter last year. Fourth quarter GAAP revenues were up 20% to $5.8 billion, while quarterly GAAP net income was up 23% to $1.6 billion. Total GAAP software revenues were up 19% to $4.8 billion. GAAP new license revenues were up 17% with GAAP database and middleware new license revenues up 18% and GAAP applications new license revenues up 13%. GAAP services revenues were up 26% to $1.1 billion compared to the same quarter last year.

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

Fourth quarter non-GAAP earnings per share were up 28% to $0.37, and non-GAAP net income was up 24% to $1.9 billion compared to Q4 last year.

For fiscal year 2007, GAAP earnings per share were up 27% to $0.81. Fiscal year 2007 GAAP revenues were up 25% to $18.0 billion, while annual GAAP net income was up 26% to $4.3 billion. Total GAAP software revenues for the year were up 23% to $14.2 billion with GAAP database and middleware new license revenues up 16% and GAAP applications new license revenues up 32%. Annual GAAP services revenues were $3.8 billion, up 33% compared to the year ago period.

Fiscal year 2007 non-GAAP earnings per share were up 25% year over year to $1.01. Annual non-GAAP net income was up 25% to $5.3 billion compared to fiscal year 2006.

"If you have the right strategy and the best technology it will show up in your results", said Oracle President and CFO Safra Catz. "The numbers speak for themselves. Annual revenue increased $3.6 billion to $18 billion, operating income increased $1.2 billion to $6 billion, and cash flow from operations increased $1 billion to $5.5 billion. It was a great year."

"Over the last twelve months Oracle's application new software license revenues grew at a rate of 32% while SAP's growth slowed to 10% in their most recent fiscal year", said Oracle President Charles Phillips. "Our strategy of combining innovation with acquisitions is clearly beating SAP's strategy of trying to build everything themselves using a 1970s-era proprietary programming language."

"Oracle's unique database grid architecture has enabled us to take market share from IBM", said Oracle CEO Larry Ellison. "Gartner's just published database research report confirms that Oracle's database market share has now increased to 47% while IBM's share declined to 21%. IBM has been unable to match the performance and reliability of Oracle database grids."

Q4 Earnings Announcement

Oracle will hold a conference call and web broadcast today to discuss these results at 2:00 p.m. (PDT) / 5:00 p.m. (EDT). To access the live web broadcast of this event, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. Please hold down your control key while pressing refresh to ensure that the weblink is visible.

About Oracle

Oracle is the world's largest enterprise software company. For more information about Oracle, including supplemental financial information, please visit http://www.oracle.com/investor or call Investor Relations at (650) 506-4073.

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"Safe Harbor" Statement: Statements in this press release relating to Oracle's future plans and prospects are "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Economic, political and market conditions could adversely affect our revenue growth and profitability through reductions in IT budgets and expenditures. (2) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, unanticipated fluctuations in currency exchange rates, delays in delivery of new products or releases, or a decline in our renewal rates for software license updates and product support. (3) We cannot assure market acceptance of new products or new versions of existing or acquired products. (4) We have an active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues, or may disrupt our existing operations. (5) Periodic changes to our pricing model and sales organization could temporarily disrupt operations and cause a decline or delay in sales. (6) Intense competitive forces demand rapid technological advances and frequent new product introductions, and could require us to reduce prices. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle's Investor Relations website at http://www.oracle.com/investor. All information set forth in this release is current as of June 26, 2007. Oracle undertakes no duty to update any statement in light of new information or future events.

ORACLE CORPORATION Q4 FISCAL 2007 QUARTER TO DATE FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share data) Three Months Ended May 31, % Increase % Increase ---------------------------- (Decrease) (Decrease) % of % of in US in Constant 2007 Revenues 2006 Revenues $ Currency(1) -------------------------------------------------- REVENUES New software licenses $2,481 43% $2,121 43% 17% 13% Software license updates and product support 2,272 39% 1,873 39% 21% 17% ---------------------------- Software Revenues 4,753 82% 3,994 82% 19% 15% ---------------------------- Services 1,075 18% 857 18% 26% 20% ---------------------------- Total Revenues 5,828 100% 4,851 100% 20% 16% ---------------------------- OPERATING EXPENSES Sales and marketing 1,275 22% 1,100 23% 16% 13% Software license updates and product support 229 4% 206 4% 12% 8% Cost of services 928 16% 758 16% 22% 17% Research and development 600 10% 536 11% 12% 10% General and administrative 190 3% 145 3% 31% 26% Amortization of intangible assets 255 4% 185 4% 38% 38% Acquisition related 74 1% 16 0% 378% 377% Restructuring (4) 0% 48 1% (109%) (108%) ---------------------------- Total Operating Expenses 3,547 61% 2,994 62% 18% 15% ---------------------------- OPERATING INCOME 2,281 39% 1,857 38% 23% 18% Interest expense (96) (2%) (83) (2%) 16% 16% Non-operating income, net 79 1% 104 2% (25%) (26%) ---------------------------- INCOME BEFORE PROVISION FOR INCOME TAXES 2,264 39% 1,878 38% 21% 16% ---------------------------- Provision for income taxes 660 11% 578 12% 14% 13% ---------------------------- NET INCOME $1,604 28% $1,300 26% 23% 17% ============================ EARNINGS PER SHARE: Basic $0.31 $0.25 27% Diluted $0.31 $0.24 27% WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: Basic 5,122 5,278 (3%) Diluted 5,224 5,373 (3%) (1) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rate in effect on May 31, 2006, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. The United States dollar weakened relative to major international currencies in the three months ended May 31, 2007 compared with the corresponding prior year period, contributing 4 percentage points of revenue, 3 percentage points of operating expense and 5 percentage points of operating income growth. ORACLE CORPORATION Q4 FISCAL 2007 QUARTER TO DATE FINANCIAL RESULTS NON-GAAP CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (1) (in millions, except per share data) Three Months Ended May 31, % Increase (Decrease) in US $ --------------------------------------------- 2007 2007 2006 2006 GAAP Adj. Non- GAAP Adj. Non- GAAP Non- GAAP GAAP GAAP ----------------------------------------------------- TOTAL REVENUES (2) $5,828 $55 $5,883 $4,851 $86 $4,937 20% 19% TOTAL SOFTWARE REVENUES (2) $4,753 $55 $4,808 $3,994 $86 $4,080 19% 18% New software licenses 2,481 - 2,481 2,121 - 2,121 17% 17% Software license updates and product support (2) 2,272 55 2,327 1,873 86 1,959 21% 19% TOTAL OPERATING EXPENSES $3,547 $(378) $3,169 $2,994 $(257) $2,737 18% 16% Stock-based compensation (3) 53 (53) - 8 (8) - 585% 0% Amortization of intangible assets (4) 255 (255) - 185 (185) - 38% 0% Acquisition related 74 (74) - 16 (16) - 378% 0% Restructuring (4) 4 - 48 (48) - (109%) 0% OPERATING INCOME $2,281 $433 $2,714 $1,857 $343 $2,200 23% 23% OPERATING MARGIN % 39% 46% 38% 45% 1% 2% INCOME TAX EFFECTS ON ABOVE ADJUSTMENTS (5) $660 $127 $787 $578 $106 $684 14% 15% NET INCOME $1,604 $306 $1,910 $1,300 $237 $1,537 23% 24% DILUTED EARNINGS PER SHARE (6) $0.31 $0.37 $0.24 $0.29 27% 28% DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (6) 5,224 6 5,230 5,373 - 5,373 (3%) (3%) (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures, please see Appendix A. (2) As of May 31, 2007, approximately $120 million in estimated revenues related to assumed support contracts will not be recognized in fiscal 2008 due to business combination accounting rules. (3) Stock-based compensation is included in the following GAAP operating expense categories: Three months ended Three months ended May 31, 2007 May 31, 2006 ----------------------------- ----------------------- GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP ----------------------------- ----------------------- Sales and marketing $11 $(11) $- $2 $(2) $- Software license updates and product support 3 (3) - 1 (1) - Cost of services 4 (4) - 3 (3) - Research and development 21 (21) - 2 (2) - General and administrative 14 (14) - - - - ----- ----- ----- ----- ----- ----- Subtotal 53 (53) - 8 (8) - ----- ----- ----- ----- ----- ----- Acquisition related 8 (8) - 8 (8) - ----- ----- ----- ----- ----- ----- Total stock-based compensation $61 $(61) $- $16 $(16) $- ----- ----- ----- ----- ----- ----- Stock-based compensation expense in the fourth quarter of fiscal 2007 is recognized based upon fair value pursuant to FASB Statement 123R. Stock-based compensation expense in the fourth quarter of fiscal 2006 is recognized based upon intrinsic value pursuant to APB Opinion 25 and pertains only to unvested stock options assumed from acquisitions. (4) Estimated future annual amortization expense related to intangible assets as of May 31, 2007 is as follows: 2008 $1,114 2009 1,101 2010 976 2011 756 2012 620 Thereafter 1,397 ----- Total $5,964 ====== (5) The income tax provision was calculated reflecting an effective tax rate of 29.2% and 30.8% in the fourth quarter of fiscal 2007 and 2006, respectively. (6) Non-GAAP diluted earnings per share and non-GAAP diluted weighted average common shares outstanding were calculated excluding the effects of adopting Statement 123R. ORACLE CORPORATION FISCAL 2007 YEAR TO DATE FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share data) Year Ended May 31, % Increase % Increase ---------------------------- (Decrease) (Decrease) % of % of in US in Constant 2007 Revenues 2006 Revenues $ Currency(1) -------------------------------------------------- REVENUES New software licenses $5,882 33% $4,905 34% 20% 17% Software license updates and product support 8,329 46% 6,636 46% 25% 22% ------------------------------- Software Revenues 14,211 79% 11,541 80% 23% 20% ------------------------------- Services 3,785 21% 2,839 20% 33% 29% ------------------------------- Total Revenues 17,996 100% 14,380 100% 25% 22% ------------------------------- OPERATING EXPENSES Sales and marketing 3,907 22% 3,177 22% 23% 20% Software license updates and product support 842 5% 719 5% 17% 14% Cost of services 3,349 19% 2,516 17% 33% 29% Research and development 2,195 12% 1,872 13% 17% 16% General and administrative 692 4% 555 4% 25% 22% Amortization of intangible assets 878 5% 583 4% 51% 51% Acquisition related (2) 140 1% 137 1% 1% 1% Restructuring 19 0% 85 1% (78%) (78%) ------------------------------- Total Operating Expenses 12,022 67% 9,644 67% 25% 22% ------------------------------- OPERATING INCOME 5,974 33% 4,736 33% 26% 21% Interest expense (343) (2%) (169) (1%) 103% 104% Non-operating income, net 355 2% 243 1% 46% 45% ------------------------------- INCOME BEFORE PROVISION FOR INCOME TAXES 5,986 33% 4,810 33% 24% 19% ------------------------------- Provision for income taxes 1,712 10% 1,429 9% 20% 20% ------------------------------- NET INCOME $4,274 24% $3,381 24% 26% 19% =============================== EARNINGS PER SHARE: Basic $0.83 $0.65 27% Diluted $0.81 $0.64 27% WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: Basic 5,170 5,196 (1%) Diluted 5,269 5,287 0% (1) We compare the percent change in the results from one period to another period using constant currency disclosure. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars at the exchange rate in effect on May 31, 2006, which was the last day of our prior fiscal year, rather than the actual exchange rates in effect during the respective periods. The United States dollar weakened relative to major international currencies in for the year ended May 31, 2007 compared with the corresponding prior year period, contributing 3 percentage points of revenue, 3 percentage points of operating expense and 5 percentage points of operating income growth. (2) Acquisition related costs include a benefit of $51.5 million for the year ended May 31, 2007 related to the settlement of a pre-acquisition lawsuit against PeopleSoft, Inc. filed on behalf of the U.S. government. Please see Appendix A for further discussion. ORACLE CORPORATION FISCAL 2007 YEAR TO DATE FINANCIAL RESULTS NON-GAAP CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (1) (in millions, except per share data) Year Ended May 31, % Increase (Decrease) in US $ ---------------------------------------------------------- 2007 2007 2006 2006 GAAP Adj. Non- GAAP Adj. Non- GAAP Non- GAAP GAAP GAAP ---------------------------------------------------------- TOTAL REVENUES(2) $17,996 $212 $18,208 $14,380 $391 $14,771 25% 23% TOTAL SOFTWARE REVENUES(2) $14,211 $212 $14,423 $11,541 $391 $11,932 23% 21% New software licenses 5,882 - 5,882 4,905 - 4,905 20% 20% Software license updates and product support (2) 8,329 212 8,541 6,636 391 7,027 25% 22% TOTAL OPERATING EXPENSES $12,022 $(1,235) $10,787 $9,644 $(836) $8,808 25% 22% Stock-based compensation (3) 198 (198) - 31 (31) - 532% 0% Amortization of intangible assets (4) 878 (878) - 583 (583) - 51% 0% Acquisition related 140 (140) - 137 (137) - 1% 0% Restructuring 19 (19) - 85 (85) - (78%) 0% OPERATING INCOME $5,974 $1,447 $7,421 $4,736 $1,227 $5,963 26% 24% OPERATING MARGIN % 33% 41% 33% 40% 0% 0% INCOME TAX EFFECTS ON ABOVE ADJUSTMENTS (5) $1,712 $414 $2,126 $1,429 $362 $1,791 20% 19% NET INCOME $4,274 $1,033 $5,307 $3,381 $865 $4,246 26% 25% DILUTED EARNINGS PER SHARE (6) $0.81 $1.01 $0.64 $0.80 27% 25% DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (6) 5,269 8 5,277 5,287 - 5,287 (0%) (0%) ----------------------------------------------------------------------- (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures, please see Appendix A. (2) As of May 31, 2007, approximately $120 million in estimated revenues related to assumed support contracts will not be recognized in fiscal 2008 due to business combination accounting rules. (3) Stock-based compensation is included in the following GAAP operating expense categories: Year ended Year ended May 31, 2007 May 31, 2006 ----------------------------- ----------------------- GAAP Adj. Non-GAAP GAAP Adj. Non-GAAP ----------------------------- ----------------------- Sales and marketing $38 $(38) $- $8 $(8) $- Software license updates and product support 11 (11) - 3 (3) - Cost of services 15 (15) - 7 (7) - Research and development 85 (85) - 13 (13) - General and administrative 49 (49) - - - - ----- ----- ----- ----- ----- ----- Subtotal 198 (198) - 31 (31) - ----- ----- ----- ----- ----- ----- Acquisition related 9 (9) - 18 (18) - ----- ----- ----- ----- ----- ----- Total stock-based compensation $207 (207) $- $49 $(49) $- ----- ----- ----- ----- ----- ----- Stock-based compensation expense in the year ended May 31, 2007 is recognized based upon fair value pursuant to FASB Statement 123R. Stock- based compensation expense in the year ended May 31, 2006 is recognized based upon intrinsic value pursuant to APB Opinion 25 and pertains only to unvested stock options assumed from acquisitions. (4) Estimated future annual amortization expense related to intangible assets as of May 31, 2007 is as follows: 2008 $1,114 2009 1,101 2010 976 2011 756 2012 620 Thereafter 1,397 ------ Total $5,964 ====== (5) The income tax provision was calculated reflecting an effective tax rate of 28.6% and 29.7% in the year ended May 31, 2007 and 2006, respectively. (6) Non-GAAP diluted earnings per share and non-GAAP diluted weighted average common shares outstanding were calculated excluding the effects of adopting Statement 123R. ORACLE CORPORATION FISCAL 2007 FINANCIAL RESULTS CONDENSED CONSOLIDATED BALANCE SHEETS (1) ($ in millions) May 31, May 31, 2007 2006 ------ ------ ASSETS Current Assets: Cash and cash equivalents $6,218 $6,659 Marketable securities 802 946 Trade receivables, net 4,074 3,022 Deferred tax assets 968 714 Other current assets 821 633 ------ ------ Total Current Assets 12,883 11,974 Non-Current Assets: Property, net 1,603 1,391 Intangible assets, net 5,964 4,528 Goodwill 13,479 9,809 Other assets 643 1,327 ------ ------ Total Non-Current Assets 21,689 17,055 ------ ------ TOTAL ASSETS $34,572 $29,029 ====== ====== LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Short-term borrowings and current portion of long-term debt $1,358 $159 Accounts payable 315 268 Income taxes payable 1,237 810 Accrued compensation and related benefits 1,349 1,172 Accrued restructuring 201 412 Deferred revenues 3,492 2,830 Other current liabilities 1,435 1,279 ------ ------ Total Current Liabilities 9,387 6,930 Non-Current Liabilities: Long-term debt 6,235 5,735 Deferred tax liabilities 1,121 564 Accrued restructuring 258 273 Deferred revenues 93 114 Minority interests 316 202 Other long-term liabilities 243 199 ------ ------ Total Non-Current Liabilities 8,266 7,087 Stockholders' Equity 16,919 15,012 ------ ------ TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $34,572 $29,029 ======= ======= (1) Certain prior period balances have been reclassified to conform to the current period presentation. ORACLE CORPORATION FISCAL 2007 YEAR TO DATE FINANCIAL RESULTS CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (1) ($ in millions) Year Ended May 31, 2007 2006 ------ ------ Cash Flows From Operating Activities: Net income $4,274 $3,381 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 249 223 Amortization of intangible assets 878 583 Provision for trade receivable allowances 244 241 Deferred income taxes 56 (40) Minority interests in income 71 41 Stock-based compensation 207 49 Tax benefit on the exercise of stock options 338 162 Excess tax benefits from stock-based compensation (2) (259) - In-process research and development 151 78 Net investment gains and earnings related to equity investments (22) (39) Changes in operating assets and liabilities, net of effects from acquisitions: Increase in trade receivables (723) (355) (Increase) decrease in prepaid expenses and other assets (153) 14 Increase (decrease) in accounts payable and other liabilities (345) 23 Increase (decrease) in income taxes payable 167 (98) Increase in deferred revenues 387 278 ------ ------ Net cash provided by operating activities 5,520 4,541 ------ ------ Cash Flows From Investing Activities: Purchases of marketable securities (5,383) (2,128) Proceeds from maturities and sale of marketable securities 5,756 3,676 Acquisitions, net of cash acquired (5,005) (3,953) Purchases of equity and other investments (22) (858) Capital expenditures (319) (236) Proceeds from sales of property 2 140 ------ ------ Net cash used for investing activities (4,971) (3,359) ------ ------ Cash Flows From Financing Activities: Payments for repurchases of common stock (3) (3,937) (2,067) Proceeds from issuance of common stock 924 632 Proceeds from borrowings, net of financing costs 4,079 12,636 Payments of debt (2,418) (9,635) Excess tax benefits from stock-based compensation (2) 259 - Distributions to minority interests (46) (39) ------ ------ Net cash (used for) provided by financing activities (1,139) 1,527 ------ ------ Effect of exchange rate changes on cash and cash equivalents 149 56 ------ ------ Net (decrease) increase in cash and cash equivalents (441) 2,765 ------ ------ Cash and cash equivalents at beginning of period 6,659 3,894 ------ ------ Cash and cash equivalents at end of period $6,218 $6,659 ------ ------ (1) Certain prior period balances have been reclassified to conform to the current period presentation. (2) Excess tax benefits received from stock-based compensation arrangements are presented as financing cash inflows rather than operating cash inflows prospectively from June 1, 2006, which is our adoption date of Statement 123R. Prior period reclassifications are not allowed. (3) We repurchased 234 million shares for approximately $4 billion during the year ended May 31, 2007 (including 2.4 million shares for $47 million that were repurchased but not settled as of May 31, 2007). ORACLE CORPORATION FISCAL 2007 FINANCIAL RESULTS FREE CASH FLOW - TRAILING 4-QUARTERS (1) ($ in millions) -------------------------------------------------------------------- Fiscal 2006 Fiscal 2007 (2) ------------------------------------------------------- Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 -------------------------------------------------------------------- GAAP Operating Cash Flow $3,596 $3,509 $3,857 $4,541 $4,706 $4,651 $4,984 $5,520 Capital Expenditures (3) (206) (182) (199) (236) (233) (256) (258) (319) ------------------------------------------------------- Free Cash Flow $3,390 $3,327 $3,658 $4,305 $4,473 $4,395 $4,726 $5,201 ======================================================= % Growth over prior year 6% 4% 8% 28% 32% 32% 29% 21% -------------------------------------------------------------------- GAAP Net Income $2,896 $2,878 $3,103 $3,381 $3,532 $3,702 $3,970 $4,274 Free Cash Flow as a % of Net Income 117% 116% 118% 127% 127% 119% 119% 122% -------------------------------------------------------------------- (1) To supplement our statements of cash flows presented on a GAAP basis, we use non-GAAP measures of cash flows on a trailing 4-quarter basis to analyze cash flow generated from operations. We believe free cash flow is also useful as one of the bases for comparing our performance with our competitors. The presentation of non-GAAP free cash flow is not meant to be considered in isolation or as an alternative to net income as an indicator of our performance, or as an alternative to cash flows from operating activities as a measure of liquidity. (2) We adopted FASB Statement 123R on June 1, 2006 under the modified prospective method. Under the modified prospective method, prior period reclassifications are not allowed. Excess tax benefits received from stock-based compensation arrangements are presented as financing cash inflows rather than operating cash inflows prospectively from June 1, 2006. Excess tax benefits reclassified from GAAP Operating Cash Flow were $259 million for the year ended May 31, 2007. (3) Represents capital expenditures as reported in cash flows from investing activities on our cash flow statements presented in accordance with GAAP. ORACLE CORPORATION FISCAL 2007 FINANCIAL RESULTS SUPPLEMENTAL ANALYSIS OF GAAP REVENUES AND HEADCOUNT (1) (in millions, except headcount data) -------------------------------------------------------------------- Fiscal 2006 --------------------------------------- Q1 Q2 Q3 Q4 TOTAL -------------------------------------------------------------------- REVENUES -------- New software licenses $629 $1,058 $1,096 $2,121 $4,905 Software license updates and product support 1,502 1,559 1,703 1,873 6,636 --------------------------------------- Software Revenues 2,131 2,617 2,799 3,994 11,541 Consulting 481 506 501 632 2,120 On Demand 84 87 96 130 397 Education 72 82 74 95 322 --------------------------------------- Services Revenues 637 675 671 857 2,839 --------------------------------------- Total Revenues $2,768 $3,292 $3,470 $4,851 $14,380 ======================================= AS REPORTED REVENUE GROWTH RATES New software licenses 12% 9% 16% 32% 20% Software license updates and product support 28% 25% 23% 24% 25% Software Revenues 23% 18% 20% 28% 23% Consulting 36% 28% 7% 7% 17% On Demand 18% 20% 26% 62% 32% Education 42% 25% 9% 11% 20% Services Revenues 34% 26% 9% 13% 19% Total Revenues 25% 19% 18% 25% 22% CONSTANT CURRENCY GROWTH RATES New software licenses 10% 12% 20% 32% 21% Software license updates and product support 26% 27% 27% 25% 26% Software Revenues 21% 20% 24% 28% 24% Consulting 34% 31% 10% 8% 19% On Demand 17% 22% 29% 63% 33% Education 40% 27% 13% 12% 21% Services Revenues 32% 29% 13% 14% 21% Total Revenues 23% 22% 22% 26% 23% --------------------------------------- GEOGRAPHIC REVENUES ------------------- REVENUES Americas $1,475 $1,733 $1,848 $2,595 $7,652 Europe, Middle East & Africa 883 1,090 1,164 1,572 4,708 Asia Pacific 410 469 458 684 2,020 --------------------------------------- Total Revenues $2,768 $3,292 $3,470 $4,851 $14,380 ======================================= HEADCOUNT (2) ------------- GEOGRAPHIC AREA Americas 24,221 24,142 26,503 26,439 Europe, Middle East & Africa 12,389 12,532 13,736 13,812 Asia Pacific 12,907 14,480 15,342 15,882 ------------------------------ Total Company 49,516 51,154 55,582 56,133 ============================== (1) The sum of the quarterly financial information may vary from year-to-date financial information due to rounding. (2) Headcount has increased primarily due to acquisitions and the consolidation of i-flex beginning in the first quarter of fiscal 2007. ORACLE CORPORATION FISCAL 2007 FINANCIAL RESULTS SUPPLEMENTAL ANALYSIS OF GAAP REVENUES AND HEADCOUNT (1) (in millions, except headcount data) -------------------------------------------------------------------- Fiscal 2007 --------------------------------------- Q1 Q2 Q3 Q4 TOTAL -------------------------------------------------------------------- REVENUES -------- New software licenses $804 $1,207 $1,390 $2,481 $5,882 Software license updates and product support 1,941 2,007 2,108 2,272 8,329 --------------------------------------- Software Revenues 2,745 3,214 3,498 4,753 14,211 Consulting 640 716 694 819 2,869 On Demand 125 140 142 151 557 Education 81 93 80 105 359 --------------------------------------- Services Revenues 846 949 916 1,075 3,785 --------------------------------------- Total Revenues $3,591 $4,163 $4,414 $5,828 $17,996 ======================================= AS REPORTED REVENUE GROWTH RATES New software licenses 28% 14% 27% 17% 20% Software license updates and product support 29% 29% 24% 21% 25% Software Revenues 29% 23% 25% 19% 23% Consulting 33% 42% 38% 30% 35% On Demand 49% 61% 48% 16% 40% Education 13% 14% 8% 10% 11% Services Revenues 33% 41% 36% 26% 33% Total Revenues 30% 26% 27% 20% 25% CONSTANT CURRENCY GROWTH RATES New software licenses 26% 10% 23% 13% 17% Software license updates and product support 27% 25% 20% 17% 22% Software Revenues 27% 19% 21% 15% 20% Consulting 31% 37% 34% 24% 31% On Demand 47% 56% 43% 12% 37% Education 11% 11% 4% 6% 8% Services Revenues 31% 36% 32% 20% 29% Total Revenues 28% 23% 23% 16% 22% --------------------------------------- GEOGRAPHIC REVENUES ------------------- REVENUES Americas $1,956 $2,170 $2,315 $3,018 $9,460 Europe, Middle East & Africa 1,140 1,422 1,484 1,992 6,037 Asia Pacific 495 571 615 818 2,499 --------------------------------------- Total Revenues $3,591 $4,163 $4,414 $5,828 $17,996 ======================================= HEADCOUNT (2) ------------- GEOGRAPHIC AREA Americas 26,798 27,444 27,874 29,830 Europe, Middle East & Africa 14,199 14,640 14,758 15,680 Asia Pacific 24,129 26,350 27,850 29,164 ------------------------------ Total Company 65,126 68,434 70,481 74,674 ============================== (1) The sum of the quarterly financial information may vary from year-to-date financial information due to rounding. Headcount has increased primarily due to acquisitions and the (2) consolidation of i-flex beginning in the first quarter of fiscal 2007. ORACLE CORPORATION FISCAL 2007 FINANCIAL RESULTS SUPPLEMENTAL TOTAL SOFTWARE PRODUCT REVENUE ANALYSIS (1) ($ in millions) ---------------------------------------------------------------------- Fiscal 2006 -------------------------------------- Q1 Q2 Q3 Q4 TOTAL ---------------------------------------------------------------------- APPLICATIONS REVENUES New software licenses $127 $266 $269 $641 $1,303 Software license updates and product support 466 502 608 676 2,252 -------------------------------------- Software Revenues $593 $768 $877 $1,317 $3,555 ====================================== AS REPORTED GROWTH RATES New software licenses 84% 24% 77% 83% 66% Software license updates and product support 96% 98% 73% 52% 75% Software Revenues 93% 64% 74% 66% 71% CONSTANT CURRENCY GROWTH RATES New software licenses 82% 27% 82% 83% 67% Software license updates and product support 93% 101% 79% 53% 77% Software Revenues 91% 67% 80% 66% 72% -------------------------------------- DATABASE & MIDDLEWARE REVENUES New software licenses $502 $792 $827 $1,480 $3,602 Software license updates and product support 1,036 1,057 1,095 1,197 4,384 -------------------------------------- Software Revenues $1,538 $1,849 $1,922 $2,677 $7,986 ====================================== AS REPORTED GROWTH RATES New software licenses 2% 5% 4% 18% 9% Software license updates and product support 10% 6% 6% 12% 8% Software Revenues 7% 5% 5% 15% 9% CONSTANT CURRENCY GROWTH RATES New software licenses 0% 8% 8% 18% 10% Software license updates and product support 9% 8% 9% 13% 9% Software Revenues 6% 8% 9% 15% 10% -------------------------------------- (1) The sum of the quarterly financial information may vary from year-to-date financial information due to rounding. ORACLE CORPORATION FISCAL 2007 FINANCIAL RESULTS SUPPLEMENTAL TOTAL SOFTWARE PRODUCT REVENUE ANALYSIS (1) ($ in millions) ---------------------------------------------------------------------- Fiscal 2007 -------------------------------------- Q1 Q2 Q3 Q4 TOTAL ---------------------------------------------------------------------- APPLICATIONS REVENUES New software licenses $228 $340 $423 $726 $1,716 Software license updates and product support 703 728 769 832 3,032 -------------------------------------- Software Revenues $931 $1,068 $1,192 $1,558 $4,748 ====================================== AS REPORTED GROWTH RATES New software licenses 80% 28% 57% 13% 32% Software license updates and product support 51% 45% 27% 23% 35% Software Revenues 57% 39% 36% 18% 34% CONSTANT CURRENCY GROWTH RATES New software licenses 78% 25% 52% 10% 29% Software license updates and product support 49% 41% 23% 19% 32% Software Revenues 55% 35% 32% 15% 31% -------------------------------------- DATABASE & MIDDLEWARE REVENUES New software licenses $576 $867 $967 $1,755 $4,166 Software license updates and product support 1,238 1,279 1,339 1,440 5,297 -------------------------------------- Software Revenues $1,814 $2,146 $2,306 $3,195 $9,463 AS REPORTED GROWTH RATES New software licenses 15% 9% 17% 18% 16% Software license updates and product support 19% 21% 22% 20% 21% Software Revenues 18% 16% 20% 19% 18% CONSTANT CURRENCY GROWTH RATES New software licenses 13% 5% 13% 15% 12% Software license updates and product support 18% 18% 19% 17% 18% Software Revenues 16% 13% 16% 16% 15% (1) The sum of the quarterly financial information may vary from year-to-date financial information due to rounding. ORACLE CORPORATION FISCAL 2007 FINANCIAL RESULTS SUPPLEMENTAL GEOGRAPHIC NEW SOFTWARE LICENSE REVENUE ANALYSIS (1) (2) ($ in millions) ---------------------------------------------------------------------- Fiscal 2006 -------------------------------------- Q1 Q2 Q3 Q4 TOTAL ---------------------------------------------------------------------- AMERICAS Database & Middleware $194 $327 $334 $662 $1,518 Applications 75 163 148 395 782 -------------------------------------- New Software License Revenues $269 $490 $482 $1,057 $2,300 ====================================== AS REPORTED GROWTH RATES Database & Middleware (2%) 15% 16% 22% 16% Applications 150% 41% 61% 73% 67% New Software License Revenues 19% 22% 27% 37% 29% CONSTANT CURRENCY GROWTH RATES Database & Middleware (4%) 13% 14% 21% 14% Applications 148% 40% 60% 72% 66% New Software License Revenues 17% 21% 25% 36% 28% -------------------------------------- EUROPE / MIDDLE EAST / AFRICA Database & Middleware $164 $282 $316 $515 $1,278 Applications 38 75 96 158 366 -------------------------------------- New Software License Revenues $202 $357 $412 $673 $1,644 ====================================== AS REPORTED GROWTH RATES Database & Middleware 4% (7%) (3%) 7% 1% Applications 38% (6%) 119% 108% 61% New Software License Revenues 9% (7%) 12% 20% 10% CONSTANT CURRENCY GROWTH RATES Database & Middleware 3% 0% 6% 7% 5% Applications 36% 1% 138% 108% 67% New Software License Revenues 8% 0% 22% 21% 14% -------------------------------------- ASIA PACIFIC Database & Middleware $134 $176 $170 $292 $771 Applications 14 28 25 88 155 -------------------------------------- New Software License Revenues $148 $203 $195 $380 $926 ====================================== AS REPORTED GROWTH RATES Database & Middleware 2% 9% 1% 31% 13% Applications 28% 48% 52% 94% 69% New Software License Revenues 4% 13% 5% 42% 20% CONSTANT CURRENCY GROWTH RATES Database & Middleware 0% 14% 6% 34% 16% Applications 23% 50% 60% 96% 71% New Software License Revenues 2% 18% 11% 45% 23% -------------------------------------- TOTAL COMPANY Database & Middleware $492 $785 $820 $1,469 $3,567 Applications 127 266 269 641 1,303 -------------------------------------- New Software License Revenues (2) $619 $1,051 $1,089 $2,110 $4,870 ====================================== AS REPORTED GROWTH RATES Database & Middleware 1% 5% 5% 18% 9% Applications 84% 24% 77% 83% 66% New Software License Revenues 12% 9% 17% 32% 20% CONSTANT CURRENCY GROWTH RATES Database & Middleware 0% 8% 9% 18% 10% Applications 82% 27% 82% 83% 67% New Software License Revenues 10% 12% 21% 32% 21% -------------------------------------- (1) The sum of the quarterly financial information may vary from year-to-date financial information due to rounding. (2) New Software License Revenues presented exclude documentation and miscellaneous revenues. ORACLE CORPORATION FISCAL 2007 FINANCIAL RESULTS SUPPLEMENTAL GEOGRAPHIC NEW SOFTWARE LICENSE REVENUE ANALYSIS (1) (2) ($ in millions) ---------------------------------------------------------------------- Fiscal 2007 -------------------------------------- Q1 Q2 Q3 Q4 TOTAL ---------------------------------------------------------------------- AMERICAS Database & Middleware $232 $333 $383 $795 $1,743 Applications 126 195 250 415 986 -------------------------------------- New Software License Revenues $358 $528 $633 $1,210 $2,729 ====================================== AS REPORTED GROWTH RATES Database & Middleware 19% 2% 15% 20% 15% Applications 69% 19% 69% 5% 26% New Software License Revenues 33% 8% 31% 14% 19% CONSTANT CURRENCY GROWTH RATES Database & Middleware 18% 2% 15% 19% 14% Applications 69% 19% 69% 4% 26% New Software License Revenues 32% 7% 31% 13% 18% -------------------------------------- EUROPE / MIDDLE EAST / AFRICA Database & Middleware $184 $341 $363 $619 $1,507 Applications 69 101 124 224 518 -------------------------------------- New Software License Revenues $253 $442 $487 $843 $2,025 ====================================== AS REPORTED GROWTH RATES Database & Middleware 12% 21% 15% 20% 18% Applications 83% 35% 29% 42% 42% New Software License Revenues 25% 24% 18% 25% 23% CONSTANT CURRENCY GROWTH RATES Database & Middleware 8% 11% 6% 12% 10% Applications 78% 25% 19% 34% 33% New Software License Revenues 21% 14% 9% 18% 15% -------------------------------------- ASIA PACIFIC Database & Middleware $149 $185 $213 $322 $869 Applications 33 44 49 87 212 -------------------------------------- New Software License Revenues $182 $229 $262 $409 $1,081 ====================================== AS REPORTED GROWTH RATES Database & Middleware 12% 5% 26% 10% 13% Applications 126% 58% 89% (1%) 36% New Software License Revenues 23% 12% 34% 8% 17% CONSTANT CURRENCY GROWTH RATES Database & Middleware 13% 2% 24% 7% 11% Applications 124% 53% 83% (4%) 33% New Software License Revenues 24% 9% 32% 5% 15% -------------------------------------- TOTAL COMPANY Database & Middleware $565 $859 $959 $1,736 $4,119 Applications 228 340 423 726 1,716 -------------------------------------- New Software License Revenues (2) $793 $1,199 $1,382 $2,462 $5,835 ====================================== AS REPORTED GROWTH RATES Database & Middleware 15% 9% 17% 18% 15% Applications 80% 28% 57% 13% 32% New Software License Revenues 28% 14% 27% 17% 20% CONSTANT CURRENCY GROWTH RATES Database & Middleware 13% 5% 13% 14% 12% Applications 78% 25% 52% 10% 29% New Software License Revenues 27% 10% 23% 13% 16% -------------------------------------- (1) The sum of the quarterly financial information may vary from year-to-date financial information due to rounding. (2) New Software License Revenues presented exclude documentation and miscellaneous revenues. APPENDIX A ORACLE CORPORATION FISCAL 2007 FINANCIAL RESULTS EXPLANATION OF NON-GAAP MEASURES

To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the table, which exclude certain business combination accounting entries and expenses related to acquisitions as well as other significant expenses including stock-based compensation, that we believe are helpful in understanding our past financial performance and our future results. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Compensation of our executives is based in part on the performance of our business based on these non-GAAP measures. Our non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects:

-- Support deferred revenue: Business combination accounting rules require us to account for the fair value of support contracts assumed in connection with our acquisitions. Because these are typically one-year contracts, our GAAP revenues for the one-year period subsequent to our acquisitions do not reflect the full amount of software license updates and product support revenues on assumed support contracts that would have otherwise been recorded by the acquired entities. The non-GAAP adjustment is intended to reflect the full amount of such revenues. We believe this adjustment is useful to investors as a measure of the ongoing performance of our business because we have historically experienced high renewal rates on support contracts, although we cannot be certain that customers will renew these contracts.

-- Stock-based compensation expenses: We adopted FASB Statement No. 123R, Share-Based Payments, on June 1, 2006 under the modified prospective method. Statement 123R requires us to record non-cash operating expenses associated with stock option awards at their estimated fair values. Prior to our Statement 123R adoption, we were required to record stock-based compensation expenses at intrinsic values, which were substantially related to options assumed from acquisitions. In accordance with the modified prospective method, our financial statements for prior periods have not been restated to reflect, and do not include, the changes in methodology to expense options at fair values in accordance with Statement 123R. Although stock-based compensation is a key incentive offered to our employees, and we believe such compensation contributed to the revenues earned during the periods presented and also believe it will contribute to the generation of future period revenues, we continue to evaluate our business performance excluding stock-based compensation expenses. Stock-based compensation expenses will recur in future periods.

-- Amortization of intangible assets expenses: We have excluded the effect of amortization of intangibles from our non-GAAP operating expenses and net income. Amortization of intangible assets expense is inconsistent in amount and frequency and is significantly affected by the timing and size of our acquisitions. Investors should note that the use of intangible assets contributed to revenues earned during the periods presented and will contribute to future period revenues as well. Amortization expenses will recur in future periods.

-- Acquisition related charges and restructuring expenses: We incurred significant expenses in connection with acquisitions, which we would not have otherwise incurred in the periods presented. Acquisition related charges primarily consist of in-process research and development expenses, integration-related professional services, stock-based compensation expenses (in addition to the stock-based compensation expenses described above) and personnel related expenses for transitional employees. Stock-based compensation expenses included in acquisition related charges resulted from unvested options assumed in acquisitions whose vesting was fully accelerated upon termination of the employees pursuant to the terms of the options. Restructuring expenses consist of Oracle employee severance and Oracle duplicate facility closures in connection with acquisitions. We believe it is useful for investors to understand the effect of these expenses on our cost structure. Although acquisition related charges and restructuring costs are not recurring with respect to past acquisitions, we will incur these expenses in connection with future acquisitions.

For the year ended May 31, 2007, acquisition related charges also included a benefit related to the settlement of a lawsuit filed against PeopleSoft, Inc. on behalf of the U.S. government. This lawsuit was filed in October 2003, prior to our acquisition of PeopleSoft. The lawsuit alleged PeopleSoft made defective pricing disclosures to the General Services Administration. This lawsuit represented a pre-acquisition contingency that we identified and assumed in connection with the PeopleSoft acquisition. On October 10, 2006, we agreed to pay the U.S. government $98.5 million to settle this lawsuit. Business combination accounting standards require that after the end of the purchase price allocation period, any adjustment that results from a pre- acquisition contingency should be included as an element of net income in the period of settlement, versus an adjustment to the original purchase price allocation. Since the purchase price allocation period for PeopleSoft ended in the third quarter of our fiscal year 2006, the favorable difference of $51.5 million between the estimated exposure recorded for this lawsuit during the purchase price allocation period and the actual settlement amount has been included in our consolidated statement of operations for the year ended May 31, 2007 as a component of acquisition related charges.

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

CONTACT: Krista Bessinger, Investor Relations, +1-650-506-4073,
investor_us@oracle.com, or Bob Wynne, Corporate Communications,
+1-650-506-5834, bob.wynne@oracle.com, both of Oracle Corporation

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

GSI Commerce to Offer $100 Million Senior Convertible Notes

KING OF PRUSSIA, Pa., June 26 /PRNewswire-FirstCall/ -- GSI Commerce Inc. , a leading provider of e-commerce solutions, today announced the company intends to offer, subject to market and other considerations, $100 million aggregate principal amount of unsecured convertible senior notes due 2027 in a private offering under the Securities Act of 1933, as amended (the "Securities Act"). GSI also intends to grant the initial purchaser of the notes an over-allotment option to purchase up to $15 million aggregate principal amount of additional notes. The notes will be convertible under certain circumstances. Upon conversion of the notes, holders will receive, at GSI's election, cash, shares of common stock or a combination of cash and shares of common stock.

The interest rate, conversion price and other terms of the notes will be determined by negotiations between GSI and the initial purchaser of the notes. GSI expects to use the proceeds for working capital and general corporate purposes, including possible acquisitions.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy securities. Any offers of the securities will be made by means of a private offering circular. The securities and the shares of GSI Commerce common stock issuable upon conversion of the convertible notes have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About GSI Commerce(R)

GSI Commerce is a leading provider of e-commerce solutions that enable retailers, branded manufacturers, entertainment companies and professional sports organizations to operate e-commerce businesses. We provide solutions for our partners through our integrated e-commerce platform, which is comprised of three components: technology, logistics and customer care, and marketing services. We provide e-commerce solutions for more than 60 partners.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements made in this release, other than statements of historical fact, are forward-looking statements. The words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "will," "would," "should," "could," "guidance," "potential," "opportunity," "continue," "project," "forecast," "confident," "prospects," "schedule," "designed," "future" and similar expressions typically are used to identify forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business of GSI Commerce. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements. Factors which may affect GSI Commerce's business, financial condition and operating results include the effects of changes in the economy, consumer spending, the financial markets and the industries in which GSI Commerce and its partners operate, changes affecting the Internet and e- commerce, the ability of GSI Commerce to develop and maintain relationships with strategic partners and suppliers and the timing of its establishment, extension or termination of its relationships with strategic partners, the ability of GSI Commerce to timely and successfully develop, maintain and protect its technology, confidential and proprietary information, and product and service offerings and execute operationally, the ability of GSI Commerce to attract and retain qualified personnel, the ability of GSI Commerce to successfully integrate its acquisitions of other businesses, if any, and the performance of acquired businesses. More information about potential factors that could affect GSI Commerce can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed by GSI Commerce with the SEC. GSI Commerce expressly disclaims any intent or obligation to update these forward- looking statements.

Contact: GSI Commerce, Inc. Corporate Marketing 610.491.7474 Fax: 610.265.2866 news@gsicommerce.com

GSI Commerce, Inc.

CONTACT: GSI Commerce, Inc. Corporate Marketing, +1-610-491-7474, Fax:
+1-610-265-2866, news@gsicommerce.com

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

ONEOK Names Mareburger Chief Information Officer

TULSA, Okla., June 26 /PRNewswire-FirstCall/ -- ONEOK, Inc. announced today that Robert S. Mareburger, 45, will become chief information officer, effective July 1, 2007.

In his new position, he will report to David Roth, ONEOK senior vice president, administrative services, and will be responsible for leading the company's information technology strategy and execution, including software, applications and systems. Previously, ONEOK's information technology function was managed by Roth.

"Bob's experience and expertise will be valuable as we continue to optimize the use of information technology to improve our business processes and support growth at ONEOK and ONEOK Partners," said Roth.

Mareburger most recently served as general manager, information technology and chief information officer, for CITGO Petroleum Corp. in Tulsa from 1999-2006. Prior to joining CITGO, he spent several years at Andersen Consulting, now Accenture, where he managed the design and development of a new generation of software for upstream oil and gas operations.

Active in community affairs, he currently serves on the city of Tulsa's Technology Board and is a second-term member of the University of Tulsa's College of Business Executive Advisory Board. He has also held leadership roles in United Way and Muscular Dystrophy Association corporate campaigns.

Mareburger received a Bachelor of Science degree in petroleum engineering and a master's degree in business administration from the University of Oklahoma.

To obtain an electronic photo file of Mareburger, visit the ONEOK Web site: http://www.oneok.com/bob_mareburger.jpg.

ONEOK, Inc. is a diversified energy company. We are the general partner and own 45.7 percent of ONEOK Partners, L.P. , one of the largest publicly traded limited partnerships, which is a leader in the gathering, processing, storage and transportation of natural gas in the U.S. and owns one of the nation's premier natural gas liquids (NGL) systems, connecting much of the natural gas and NGL supply in the Mid-Continent with key market centers. ONEOK is among the largest natural gas distributors in the United States, serving more than 2 million customers in Oklahoma, Kansas and Texas. Our energy services operation focuses primarily on marketing natural gas and related services throughout the U.S. ONEOK is a Fortune 500 company.

For information about ONEOK, Inc., visit the Web site: http://www.oneok.com/.

Analyst Contact: Dan Harrison 918-588-7950 Media Contact: Megan Washbourne 918-588-7572

OKE-G

ONEOK, Inc.

CONTACT: Analysts, Dan Harrison, +1-918-588-7950, or Media, Megan
Washbourne, +1-918-588-7572, both of ONEOK, Inc.

Web site: http://www.oneok.com/
http://www.oneok.com/bob_mareburger.jpg

Sybase Adaptive Server Enterprise Voted Best Linux Database for Third Consecutive YearSybase Wins 2006 Enterprise Open Source Magazine Readers' Choice Award

NEW YORK, June 26 /PRNewswire-FirstCall/ -- Enterprise Open Source Conference -- Sybase, Inc. , a leading provider of enterprise infrastructure and mobile software, today announced that Sybase(R) Adaptive Server(R) Enterprise (ASE), the company's enterprise-class relational database system, won Enterprise Open Source Magazine's Readers' Choice Award for the third year running. Sybase ASE was voted "Best Linux Database" by members of the open source community. The winners of the Readers' Choice Awards were revealed today by SYS-CON, the parent publishing company for Enterprise Open Source Magazine, at the second annual Enterprise Open Source Conference in New York, NY, where Sybase is a silver sponsor. This year the Enterprise Open Source Conference has been co-located with the SOA World Conference & Expo 2007.

"Sybase's ASE database offering continually impresses our readers, as evidenced by sweeping the 'Best Linux Database' category since its inception," said Roger Strukhoff, group publisher, editorial director & online editor, Enterprise Open Source Magazine. "The company continues to be recognized for its innovative technology."

"Sybase is honored that ASE is recognized by the open source community as a leading solution for Linux data management," said Brian Vink, VP product marketing, Sybase. "This award further reflects Sybase leadership in offering a comprehensive set of data management solutions on Linux, including mission critical enterprise systems, data analytics and mobile and embedded solutions, demonstrating that our commitment of enabling the Unwired Enterprise has resonated with real world users."

The Enterprise Open Source Readers' Choice Awards program, held by SYS-CON Media, honors excellence in solutions used by some of the industry's top open source users and decision makers, including Sybase customers such as Addison Lee, Ouro Minas, China Railway Express and National Leasing. The awards are a community-driven process in which participating products are nominated by the industry's vendors, customers and users, as well as by the readers of Enterprise Open Source Magazine, which caters to professionals in the open source industry.

About Sybase, Inc.

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

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

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

Crystal King Sybase, Inc. 978-287-1524 kingc@sybase.com Scott Malinowski Citigate Cunningham for Sybase, Inc. (617) 374-4223 smalinowski@cunningham.com

Sybase iAnywhere

CONTACT: Crystal King of Sybase, Inc., +1-978-287-1524, kingc@sybase.com;
or Scott Malinowski of Citigate Cunningham, +1-617-374-4223,
smalinowski@cunningham.com, for Sybase, Inc.

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

PacificNet iMobile Partners with TiVo Greater China (TGC) to Market and Distribute Localized Video Products for the Chinese Market

* Phase 1 Includes Promotion of TiVo's Localized Personal Video Recorder (PVR)

Products In 5 Major Chinese Cities

BEIJING, June 26 /Xinhua-PRNewswire/ -- PacificNet, Inc. , a leading provider of gaming technology, e-commerce and Customer Relationship Management (CRM) services in China, announced today that its subsidiary, PacificNet iMobile, has entered into an agreement with TiVo Greater China (TGC) to market their PVR/DVR products and services in China.

Under this agreement, PacificNet iMobile will promote and distribute TGC products in Beijing, Shanghai, Guangzhou as well as other major cities in China. PacificNet iMobile will expand its marketing channel from online sales to user trial activities. Leveraging PacificNet iMobile's ecommerce expertise in China and TGC's advanced technology and sales support, the two companies will provide quality PVR/DVR products to consumers across China.

PVRs or Personal Video Recorders (also known as a "DVR" or Digital Video Recorders) improve home entertainment by providing consumers with an easy way to record, watch, and control television. DVR/PVR records broadcast television programming in a digital format on a hard disk drive rather than on a medium such as a VHS tape, allowing viewers to pause a live broadcast or replay video from a buffer, as well as the recording, timed-recording, and playback of their favorite television broadcasts.

Established in 1997, TiVo has experienced significant growth as its products have proven popular with consumers in many markets worldwide. TiVo devices have evolved steadily with many new features such as DVD recording, commercial skip capability, sharing of recordings over the Internet, and programming and remote control using PDAs, networked PCs, or Web browsers. TiVo can be set to auto-record according to a programming timetable with 80GB of memory for up to 90 hours of recording. TiVo's many features have proven a complement and enhancement to the overall home entertainment experience.

PacificNet iMobile currently has about 200 staff in China and operates its e-commerce business via two internet portals, "http://www.imobile.com.cn/" and "http://www.18900.com/", and a WAP portal, "17wap.com", for mobile phone browsing. iMobile has the largest mobile user community in China, with over 3.4 million registered users while "18900.com" is the leading Internet e-commerce distributor of mobile products in China with logistic centers and partners covering 25 provinces and 72 major cities throughout China and service coverage for 1875 cities in China. In addition, iMobile's "18900.com" is the designated internet distributor for Motorola, Nokia, and NEC's mobile products in China.

Liu Lei, PacificNet iMobile's General Manager, stated, "We are pleased to become partners of TiVo Greater China (TGC) and to help them promote their products in mainland China. TGC PVR provides interactive personal entertainment services through existing broadband and cable TV networks. It enhances the traditional passive way of watching TV. With a PVR, viewers are no longer constrained by the timetable of TV programs as broadcast by TV stations. Instead, PVR users can view whatever they want, whenever they want to watch it. We will use our expertise to help TGC boost its sales and increase its popularity among consumers in China."

"We believe that the opportunity to work with one of the leading consumer video electronics providers in the world is substantial," said Victor Tong, President of PacificNet. "PacificNet iMobile has demonstrated its ability to support a wide range of online and offline marketing initiatives. With the growing demand for innovative consumer electronics in China, we feel that the potential to generate strong revenue from this relationship is significant. PacificNet iMobile's nationwide e-commerce and customer service centers, covering 40 major cities in China represent an opportunity to enhance PacificNet's e-commerce and CRM services network in China."

About Tivo Greater China (TGC)

TiVo Greater China (TGC) is a close partner of TiVo Inc. headquartered in California, USA, TGC has the exclusive operation right to provide TiVo-based Personal Video Recorder (PVR) services in the Greater China and Singapore region. TGC (Shanghai) Inc. is in charge of related business issues in China. With the technology, service expertise and operation know-how gained from TGC Inc.'s largest shareholder, TiVo Inc., TGC designs & manufactures new DVR platforms as well as integrating DVR functionality into other consumer electronics devices. TGC Inc. is the exclusive TiVo partner in the Greater China (China, Hong Kong, & Taiwan) and Singapore television entertainment markets. TiVo and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries in the United States and other jurisdictions.

About PacificNet

PacificNet, Inc. (http://www.pacificnet.com/) is a leading provider of gaming technology, e-commerce, and Customer Relationship Management (CRM) in China. PacificNet's gaming products are specially designed for Chinese and Asian gamers with focus on integrating localized Chinese and Asian themes and content, advanced graphics, digital sound effects and popular domestic music, with secondary bonus games and jackpots. PacificNet's gaming clients include the leading hotels, casinos, and gaming operators in Macau, Asia, and Europe, while ecommerce and CRM clients include the leading telecom companies, banks, insurance, travel, marketing and business services companies and telecom consumers in Greater China such as China Telecom, China Mobile, Unicom, PCCW, Hutchison Telecom, Bell24, Motorola, Nokia, SONY, TCL, Huawei, American Express, Citibank, HSBC, Bank of China, Bank of East Asia, DBS, TNT, China and Hong Kong government. PacificNet employs about 1,200 staff in its various subsidiaries throughout China with offices in Hong Kong, Beijing, Shanghai, Shenzhen, Guangzhou, Macau and Zhuhai China, USA, and the Philippines.

Contact: PacificNet USA office: Jacob Lakhany, Tel: +1-605-229-6678 PacificNet Beijing office: Ada Yu, Tel: +86 (10) 59225000 23rd Floor, Building A, TimeCourt, No.6 Shuguang Xili, Chaoyang District, Beijing, China 100028 PacificNet Shenzhen Office: Tel: +86 (10) 33222088 Room 4203, JinZhongHuan Business Center, Futian District, Shenzhen, China 518040

PacificNet, Inc.

CONTACT: PacificNet USA office, Jacob Lakhany, +1-605-229-6678;
PacificNet Beijing office, Ada Yu, Tel: +86-10-59225000; PacificNet Shenzhen
Office, +86-10-33222088

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

Compuware Covisint Introduces Comprehensive Federation Solution That Helps Organizations Securely Share and Manage Digital IdentitiesCovisint Trusted Identity Broker Delivers the Confidence and Security That Organizations Need

SAN FRANCISCO, June 26 /PRNewswire-FirstCall/ -- Compuware Corporation today introduced its Trusted Identity Broker, an outsourcing solution from Covisint that centralizes, automates and streamlines the management of digital identities. It makes federation--the exposing and accepting of identities across security domains -- simple, fast and repeatable. The announcement was made today at Burton Group Catalyst Conference. According to Burton Group, organizations face significant challenges in managing identities in-house, including costs that can spiral into multi-million dollar investments as companies seek to collaborate across a global, extended enterprise or business community.

Identity management, security, privacy and compliance -- particularly for external users -- are tasks which often are far from most organizations' core competencies. By relying on a trusted outsourcing provider for the management of identities, organizations are able to focus on what they do best. Covisint's Trusted Identity Broker is the first comprehensive solution providing a low-cost, fast and repeatable deployment option for managing identities across security domains. With this offering, organizations can improve collaboration and business performance across changing business relationships and a highly mobile workforce.

"The management of user identities and access control within and between organizations remains challenging for many enterprises," said Gerry Gebel, Vice President and Service Director for Burton Group. "Offerings such as Trusted Identity Broker provide enterprises with an outsource alternative to software-based solutions."

The Trusted Identity Broker acts as an intermediary between and within organizations. As a centralized identity management hub, this solution most often delivers value in three key areas:

-- intra- and inter-organizationally--companies need to communicate and collaborate both internally and externally. Covisint enables business units to retain autonomy and control of their users, yet provides a flexible way to federate data across all business units. -- through mergers and acquisitions--often, the success of an acquisition is predicated on how efficiently the different business units can be quickly integrated or separated. Covisint federates identities into an integrated whole, securely bringing together stakeholders from multiple organizations. -- via outsourced services--organizations often reduce costs by outsourcing non-core business functions. Covisint enables organizations to access and manage their own data, simplifying the user experience and eliminating redundancies such as multiple password entries.

"Covisint has proven over the past six years that it offers the deep security and identity management value that today's globally competitive companies need," said Bob Paul, President and COO, Compuware Covisint. "Trusted Identity Broker is revolutionary in both appeal and functionality. Our existing infrastructure gives organizations in virtually every industry a competitive advantage in having confidence that their identities are professionally managed."

Covisint enables companies of any size, location or technical sophistication to securely share vital business information, applications and processes across their extended enterprise As a leading provider of interoperability solutions and services, Covisint helps businesses accelerate decision-making, reduce cost and improve responsiveness in serving customers.

Compuware Corporation

Compuware Corporation maximizes the value IT brings to the business by helping CIOs more effectively manage the business of IT. Compuware solutions accelerate the development, improve the quality and enhance the performance of critical business systems while enabling CIOs to align and govern the entire IT portfolio, increasing efficiency, cost control and employee productivity throughout the IT organization. Founded in 1973, Compuware serves the world's leading IT organizations, including more than 90 percent of the Fortune 100 companies. Learn more about Compuware at http://www.compuware.com/.

Press Contact

Doug Anter, Compuware Communications and Investor Relations, doug.anter@compuware.com, 313-227-0127

For Sales and Marketing Information

Compuware Corporation, One Campus Martius, Detroit, MI 48226, 800-521-9353, http://www.compuware.com/

Compuware Corporation

CONTACT: Doug Anter, Compuware Communications and Investor Relations,
+1-313-227-0127, doug.anter@compuware.com

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

Company News On-Call: http://www.prnewswire.com/comp/112310.html

Kewaunee Scientific Reports Results for Year and Fourth Quarter

STATESVILLE, N.C., June 26 /PRNewswire-FirstCall/ -- Kewaunee Scientific Corporation today reported results for its fiscal year and fourth quarter ended April 30, 2007.

Net earnings for the year were $1,540,000, or $0.62 per diluted share, as compared to net earnings of $193,000, or $0.08 per diluted share, for the prior year. Excluding an after-tax gain of $540,000 in the prior year related to the sale of the Company's former Lockhart, Texas property, a net loss of $347,000, or $0.14 per diluted share, was incurred for that year. Earnings for the current year benefited from significantly improved manufacturing costs, continuing success in identifying new global supply sources for raw materials and components, and other cost improvement initiatives.

Sales for the year were $81,441,000, a decrease of 3.1% from sales of $84,071,000 in the prior year. Incoming orders, both domestic and international, were extremely strong in the second half of the year and included several prestigious laboratory furniture projects. The order backlog climbed to $51.1 million at April 30, 2007, an increase of $14.7 million from $36.4 million at April 30, 2006.

Sales from domestic operations were $66,585,000, a decrease of 7.6% from the prior year. However, as reflected in the growth of the Company's order backlog, the domestic marketplace for laboratory products continues to be healthy, particularly for larger laboratory projects.

The Company's international operations continued to experience strong sales, as sales increased 23.3% to $14,856,000. The Asian markets of India, Singapore, and China continue to be a key in the Company's long-term growth strategy. During the year, the Company strengthened its sales representation in these countries and further expanded its manufacturing capabilities in India.

Confirming the Company's excellent reputation in the Asian laboratory furniture market, during the year the Company was awarded a prestigious contract to provide and install laboratory furniture and fume hoods for the Olympic testing laboratory in Beijing, China. This laboratory will test all athletes who participate in the 2008 Summer Olympics in Beijing and will be one of only a few laboratories in the world designed to comply with the stringent standards required for a laboratory to be certified by the International Olympics Committee. The order will be shipped and installed in the first quarter of fiscal year 2008.

"We ended fiscal year 2007 with very positive momentum," said William A. Shumaker, President and Chief Executive Officer. "The strong influx of orders in the last half of the year provides us a foundation for increased sales in fiscal year 2008 when the majority of these orders will be shipped. Our lower costs are making us more competitive in the domestic marketplace, while also improving our profit margins and profitability. Our international operations continue to grow in sales and profitability. Excellent progress was also made during the year in improving our financial position, as we significantly improved cash flow, reduced borrowings, and strengthened our balance sheet. These factors should place the Company on a solid track for continued success and profitability."

During the year, the Company generated cash from operations of $8.7 million. Bank borrowings and capital lease obligations totaled $4.3 million at year-end, down from $9.1 million at the end of the prior year. The debt-to- equity ratio declined to .18-to-1 at year-end, and cash on hand increased to $2.6 million, up from $1.3 million at the end of the prior year. Working capital was $12.3 million at April 30, 2007, up from $11.0 million at the end of the prior year.

Sales for the fourth quarter ended April 30, 2007 were $22,721,000, a decrease of 4.2% from sales of $23,720,000 in the same quarter of the prior year. Sales from domestic operations for the quarter were flat from the same quarter of the prior year, while sales from international operations declined because especially large shipments were made for several projects in the fourth quarter of the prior year. Net earnings for the fourth quarter were $517,000, or $.21 per diluted share, as compared to a net loss of $254,000, or $0.11 per diluted share, in the prior year.

Kewaunee Scientific Corporation is a recognized leader in the design, manufacture, and installation of scientific and technical furniture. The Company's corporate headquarters and domestic manufacturing facilities are located in Statesville, North Carolina. The Company also has subsidiaries in Singapore and Bangalore, India that serve the Asian markets. Kewaunee Scientific's website is located at http://www.kewaunee.com/.

Certain statements in this release constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could significantly impact results or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, economic, competitive, governmental, and technological factors affecting the Company's operations, markets, products, services, and prices.

Contact: D. Michael Parker 704/871-3290 Consolidated Statements of Operations (in thousands, except per share amounts) Three Months Ended Year Ended April 30 April 30 2007 2006 2007 2006 (Unaudited) Net sales $22,721 $23,720 $81,441 $84,071 Cost of products sold 18,467 20,629 66,355 71,663 Gross profit 4,254 3,091 15,086 12,408 Other operating income -- -- -- 884* Operating expenses 3,363 3,223 11,728 12,175 Operating earnings (loss) 891 (132) 3,358 1,117 Other income 20 51 53 50 Interest expense (146) (153) (670) (470) Earnings (loss) before income taxes 765 (234) 2,741 697 Income tax expense (benefit) 289 (38) 902 288 Earnings (loss) before minority interests 476 (196) 1,839 409 Minority interests in subsidiaries 41 (58) (299) (216) Net earnings (loss) $517 $(254) $1,540 $193* Net earnings (loss) per share Basic $0.21 $(0.11) $0.62 $0.08 Diluted $0.21 $(0.11) $0.62 $0.08 Weighted average number of common shares outstanding (in thousands) Basic 2,494 2,492 2,493 2,492 Diluted 2,502 2,492 2,495 2,493 * Includes a non-recurring pretax gain of $884,000 and an after-tax gain of $540,000, or $.22 per diluted share, on the sale of property. Condensed Consolidated Balance Sheets (in thousands) April 30 April 30 Assets 2007 2006 Cash and cash equivalents $2,231 $929 Restricted cash 372 399 Receivables, less allowances 19,061 23,199 Inventories 5,869 5,860 Prepaid expenses and other current assets 981 1,011 Total current assets 28,514 31,398 Net property, plant and equipment 11,255 11,163 Other assets 5,471 7,911 Total Assets $45,240 $50,472 Liabilities and Stockholders' Equity Short-term borrowings $3,489 $8,216 Current obligations under capital leases 360 260 Accounts payable 8,437 9,074 Other current liabilities 3,897 2,823 Total current liabilities 16,183 20,373 Other non-current liabilities 5,009 4,553 Total stockholders' equity 24,048 25,546 Total Liabilities and Stockholders' Equity $45,240 $50,472

Kewaunee Scientific Corporation

CONTACT: D. Michael Parker, Kewaunee Scientific Corporation,
+1-704-871-3290

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

Pirates of the Burning Sea Finds a Home Port With Platform PublishingPlatform Publishing to Work with Flying Lab Software, Add to SOE's E3 Title Lineup

SAN DIEGO and SEATTLE, June 26 /PRNewswire/ -- In an agreement reached today, Pirates of the Burning Sea, the hotly anticipated MMO (Massively Multiplayer Online) game developed by Flying Lab Software LLC featuring high seas action and swashbuckling adventure in a bold world of pirates and plunder, will be published by Sony Online Entertainment LLC's Platform Publishing label. The game will be added to SOE's title lineup for the E3 Media and Business Summit, July 11-13 in Santa Monica, CA.

Pirates of the Burning Sea will feature action for every play style, whether it's epic ship combat, piracy, building economic empires or sword-swinging adventure. Burning Sea takes place in the New World circa 1720, a dramatic time of conflict and riches. Choosing one of four Nations -- France, Spain, England or Pirate -- players can set sail as a valiant naval officer, a devil-may-care privateer, a savvy merchant adventurer, or a fearless, rampaging pirate. With one thousand missions to play, dozens of ports to explore, and the entire Caribbean as their domain, players will find an online experience like no other.

"Working with top notch developers like Flying Lab Software is at the heart of Platform Publishing's mission to market and distribute a portfolio of games like Pirates of the Burning Sea that stand shoulder to shoulder with our SOE flagship franchises," said David D Christensen, Vice President, Business Development and International Operations, Sony Online Entertainment.

Virtual buccaneers can engage in fierce ship-to-ship combat in real time, complete with the roar of cannon fire and the crunch of timber as masts and hulls are shattered, sending foes to the bottom of the briny deep or leaving them helpless and ripe for looting. Pirate games aren't complete without the clashing of swords and Pirates of the Burning Sea delivers with three swashbuckling styles, from the deadly and formal Fencing, to the flashy dual-wielding Florentine, or the rowdy and treacherous Dirty Fighting. The combat system is fast and fluid with awesome swordplay and powerful finishing moves.

Pirates of the Burning Sea also features an economy completely run by players, who build their own empires across the Caribbean. Build your own forges, quarries, and rum distilleries and manage large-scale production and distribution in a cutthroat world of gold and galleons where profits are the dream and desperate measures the reality.

The game's Conquest system turns any port into a battleground, as rival players rack up points through PvE (Player vs. Environment) missions and combat culminating in a period of intense PvP (Player vs. Player) gameplay to determine who takes the port -- and the valuable resources it provides for economic gameplay. If you want the cannons, you have to capture the iron, making the Conquest system something that impacts the career of every single player.

"Platform Publishing and SOE possess a level of expertise and success in sales, marketing and distribution that makes them the perfect co-publisher for Pirates of the Burning Sea," said Russell Williams, CEO, Flying Lab Software LLC. "This relationship will allow us their world-class expertise in marketing, distribution, and billing so we can focus on developing an amazing swashbuckling adventure for the pirate in all of us -- and building a community of players who will live that life for years to come."

About Platform Publishing(TM)

Based in San Diego, CA, Platform Publishing is a cross-platform publishing, distribution and marketing label, with an exciting library of interactive entertainment products from third-party developers and content providers for personal computers, game consoles and mobile devices. The label puts talented developers and publishers together with Platform Publishing's high caliber suite of services and support, including top-notch distribution, marketing and technology resources. Platform Publishing is a DBA of Sony Online Entertainment LLC. For more information, please visit http://www.platformpublishing.com/.

SOE and the SOE logo are registered trademarks and Platform Publishing and the Platform Publishing logo are trademarks of Sony Online Entertainment LLC. All other trademarks are the property of their respective owners.

About Flying Lab Software

Flying Lab Software, a Seattle-based game development company, is the maker of the critically acclaimed Rails Across America. Their current project is Pirates of the Burning Sea, an innovative massively multiplayer online role-playing game of adventure and naval combat in the age of sail.

Sony Online Entertainment LLC

CONTACT: Michael Shelling, +1-858-790-3521, mshelling@soe.sony.com, or
Taina Rodriguez, +1-858-577-3419, trodriguez@soe.sony.com, both of Sony Online
Entertainment

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

Congressman Steve Cohen and SIRIUS Satellite Radio to Celebrate the 3rd Anniversary of Elvis RadioExclusive Broadcast LIVE From Graceland on July 1

NEW YORK, June 26 /PRNewswire-FirstCall/ -- SIRIUS Satellite Radio will celebrate the 3rd Anniversary of Elvis Radio with a special broadcast event hosted by Congressman Steve Cohen (TN-9). The channel launched exclusively on SIRIUS in July 2004 as the world's only all Elvis all- the-time radio station.

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

Congressman Cohen will guest host a special hour of his favorite Elvis records and share his thoughts on the impact of Elvis Presley on popular culture. He will also take a look at the influence the icon's music has had on Memphis, Shelby County, and the Tennessee-Mississippi-Arkansas tri-state communities.

Tune in July 1 beginning at 2 pm ET to hear SIRIUS Satellite Elvis Radio Third Anniversary Celebration LIVE From Graceland.

"Elvis was the most visible Memphian in the world. His musical contribution cannot be overstated," said Congressman Cohen. "He drew from his rural Mississippi roots and his experience in urban Memphis mixing together blues, gospel, and rockabilly into something new, something that survives and thrives to this day---Rock 'n' Roll. SIRIUS Elvis Radio ensures his legacy will never die."

At the end of the broadcast the Congressman, joined by Elvis Presley Enterprises CEO Jack Soden, will present a United States Congressional Proclamation declaring July 1st 'Elvis Radio Day' to life-long Elvis friend and SIRIUS Satellite Radio LIVE from Graceland host George Klein.

At 3 pm ET Elvis Radio DJs will host a special anniversary edition of the Elvis Radio Quiz Show broadcast live from Graceland Plaza in front of the SIRIUS studios. At 3:30 pm ET the DJs will also begin handing out the fourth in the series of five Elvis 30th Anniversary collector's buttons, "The '68 Comeback".

A photo of Congressman Cohen is available upon request. To learn more about SIRIUS, please visit http://www.sirius.com/. About SIRIUS

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

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

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

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

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

Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2006 filed with the Securities and Exchange Commission. Among the significant factors that could cause our actual results to differ materially from those expressed are: our pending merger with XM Satellite Radio Holdings, Inc. ("XM"), including related uncertainties and risks and the impact on our business if the merger is not completed; any events which affect the useful life of our satellites; our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming providers; and our competitive position versus other audio entertainment providers.

P-SIRI MEDIA CONTACT: Neel Khairzada SIRIUS nkhairzada@siriusradio.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/19991118/NYTH125
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com SIRIUS Satellite Radio

CONTACT: Neel Khairzada of SIRIUS, nkhairzada@siriusradio.com

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

PR Newswire nomme Nick Gynne au poste de Directeur des ventes Royaume-Uni et Relations Investisseurs (RI)

LONDRES, June 26 /PRNewswire/ --

- Avec photo

PR Newswire, leader mondial de la diffusion d'informations, annoncé aujourd'hui la nomination de Nick Gynne au titre de Directeur des ventes Royaume-Uni et Relations Investisseurs (RI)

M. Gynne, qui a commencé sa carrière chez PR Newswire il y a huit ans, possède une vaste expérience dans le développement commercial de PR Newswire. Jusqu'à récemment, il exerçait les fonctions de Directeur des ventes pour le Royaume-Uni. Désormais, il sera également responsable de la gestion de la gamme de services RI de PR Newswire dans ce même pays.

<< La couplage du service des ventes à celui des Relations Investisseurs sous la responsabilité de Nick nous apporte une meilleure consolidation du marché. Ainsi nous pouvons être en meilleure position pour offrir à nos clients une solution complète de communication qui répondra à leurs exigences en matière de RI et de Relations Publiques >>, a déclaré Lisa Ashworth, Présidente Directrice Générale de PR Newswire Europe. << Son aptitude à diriger et sa qualité d'expert international aideront PR Newswire à poursuivre sur sa lancée et à consolider sa position de leadership sur le marché anglais >>.

Les services RI de PR Newswire sont constitués de la diffusion réglementaire et des communications RI.

Disclose, le service de PR Newswire, transmet les communiqués réglementaires et non réglementaires, approuvés par les autorités de marché tels que Bloomberg, Reuters et Dow Jones, aux fournisseurs d'informations principales. À l'heure actuelle, Disclose est le service de prédilection de nombreuses entreprises, parmi les plus importantes au Royaume-Uni.

M. Gynne assumera ses nouvelles responsabilités alors même que PR Newswire traverse une période de croissance et de fort développement. << C'est le moment parfait pour diriger les équipes de vente du Royaume-Uni et de RI >> souligne-t-il. << Les nouvelles réglementations européennes mises en place plus tôt cette année auront un impact incontestable sur la stratégie de communication des entreprises en direction de leurs audiences paneuropéennes. PR Newswire est en excellente position pour aider les sociétés cotées à respecter les nouvelles réglementations grâce à Disclose, notre service de diffusion réglementaire approuvé par les autorités de marché. PR Newswire permet également de respecter la Directive de Transparence, conforme aux obligations de l'Union européenne, de même que le réseau Investisseurs auprès des analystes d'investissement institutionnel et enfin de nos services de dépôt EDGAR et notre service financier d'impression. >>

M. Gynne a débuté sa carrière chez PR Newswire en tant que chargé de vente pour les nouvelles entreprises. Au fil des années, il y a assumé différents rôles dont ceux de Chargé de développement, Chargé des ventes institutionnelles et Directeur des comptes stratégiques, travaillant à la fois sur le marché des agences et sur celui des entreprises.

À propos de PR Newswire

PR Newswire (http://www.prnewswire.com et http://www.prnewswire.co.uk) fournit des services de distribution électronique, de ciblage, d'évaluation et de diffusion pour le compte de dizaines de milliers d'entreprises, de gouvernements, d'associations, d'organisations professionnelles, d'organismes à but non lucratif et d'autres clients dans le monde entier.

PR Newswire permet à ces organisations d'atteindre différentes audiences critiques, notamment les médias, la communauté des investisseurs, les décideurs politiques et le grand public, au moyen de communiqués au contenu intégral.

PR Newswire possède des bureaux dans 11 pays et diffuse régulièrement les communiqués de ses clients par le biais de circuits dans 135 pays et dans plus de 40 langues. Le contenu de PR Newswire, qui repose sur des technologies de communication dernier cri, est considéré comme une référence pour les journalistes, les investisseurs et les personnes à la recherche d'informations de dernière minute sourcées. PR Newswire est une filiale de United Business Media plc de Londres.

Pour de plus amples renseignements sur les produits et les services de PR Newswire, veuillez écrire à marketing@prnewswire.co.uk ou consulter le site www.prnewswire.co.uk.

Avis aux rédacteurs :

Une photo accompagnant le présent communiqué est disponible par le biais de PA Photowire. Elle peut être consultée sur les sites www.mediapoint.press.net ou www.prnewswire.co.uk.

LONDRES, June 26 /PRNewswire/ --

PR Newswire Europe Limited

Contacts - média : Rachel Meranus, vice-présidente Relations Investisseurs, +1-212-282-1929, courriel : rachel.meranus@prnewswire.com; Samantha Proctor, chef du marketing en Europe, PR Newswire Europe, +44-20-7454-5115, courriel : samantha.proctor@prnewswire.co.uk; Kasia Poltorak, Chargée de Marketing France, PR Newswire Europe, +44-20-7454-5135, courriel : kasia.poltorak@prnewswire.co.uk

Nine-Year-Old Author, With Help From Legendary Actor James Earl Jones, Performs 'Literary Improv' to Showcase Technology's Impact on EducationVerizon Senior Vice President Michelle Robinson to Host Event, Which Will Demonstrate How Technology and Educational Resources Such As Thinkfinity.org Can Expand Learning Opportunities

ATLANTA, June 26 /PRNewswire/ -- With a laptop in hand, 9-year-old author Adora Svitak -- assisted by legendary actor James Earl Jones, information from Thinkfinity.org and suggestions from a crowd of 250 -- will perform a literary improvisation at the Georgia World Congress Center as part of the National Educational Computing Conference (NECC).

During the 20-minute demonstration, to be held Tuesday (June 26) at 12:30 p.m., Adora will create a complete short story. The event, a Literary Improv, is designed to showcase her creative talents while highlighting the impact technology can have on education and the creative process.

"Education is the key to unlocking opportunities for children," said Verizon Senior Vice President Michelle Robinson, who is responsible for all the company's external affairs and activities in Florida, Alabama, Georgia, Kentucky, Louisiana, Mississippi and Tennessee.

"At Verizon, we're committed to working with educational leaders to help utilize technology to provide children, teachers and families with access to a wide variety of educational resources. This will ensure that all children have the best opportunity to be the innovators of tomorrow," she said.

The Literary Improv is one of several activities at the NECC designed to demonstrate the educational resources available for free at Thinkfinity.org.

Thinkfinity.org is the Verizon Foundation's signature educational and literacy program and online portal to more than 55,000 standards-based, grade- specific, K-12 lesson plans and other educational resources provided in partnership with many of the nation's leading educational organizations.

For more than two decades, the NECC has been the premier forum at which to learn, exchange ideas and survey the field of educational technology. This annual conference presented by The International Society for Technology in Education and keyed to the National Educational Technology Standards (NETS), features hands-on workshops, lecture-format and interactive concurrent sessions, discussions with key industry leaders, and the largest educational technology exhibit in the world.

The conference is being held June 24 - 27 at the Georgia World Congress Center.

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: Brian C. Malina of Verizon, +1-908-559-6434, or
brian.c.malina@verizon.com

Web site: http://www.verizon.com/
http://www.verizon.com/news
http://www.thinkfinity.org/

Company News On-Call: http://www.prnewswire.com/comp/618232.html

Network CN Signs New Contract for 28 LED Video Panels and 24 Light Boxes on Shanghai's Nanjing Road

Contract revenues expected to begin by mid-August

NEW YORK, June 26 /Xinhua-PRNewswire-FirstCall/ -- Network CN Inc. (BULLETIN BOARD: NWCN) , a Chinese media and travel network company headquartered in Hong Kong, today announced that it has entered into an agreement to operate 52 two-sided rolling poster frame outdoor advertising panels located in the pedestrian mall on Nanjing Road (Nanjing Lu) in Shanghai. Network CN plans to convert 28 of the poster frames into LED digital video panels. Network CN will also convert the remaining 24 displays to bigger rolling light boxes to match the size of the new LED digital video panels.

The agreement, which could generate revenues for the Company by mid-August, 2007, extends through January, 2011. It was signed between Shanghai Chuangtian Advertising Company Ltd. and Network CN's subsidiary, Shanghai Quo Advertising Company Ltd.

"All the panels are located in the pedestrian mall on Nanjing Road, which positions them ideally to capture the attention of our clients' target audience. Together with the rights to two mega-size digital video billboards that we obtained in May 2007, we will have rolling light boxes, roadside LED panels and mega-size LED billboards covering the whole of Nanjing Road's pedestrian mall. This is another significant milestone in the expansion of our media network business in Shanghai, one of the key metropolitan areas in China," Godfrey Hui, Chief Executive Officer of Network CN, commented. "We are committed to creating value for our clients by leveraging our network coverage of the most exciting, highly visible areas in metropolitan China, spanning Beijing, Shanghai, Nanjing, and Wuhan."

Nanjing Road is one of the most visited tourist attractions in Shanghai, with more than 600 stores, restaurants and art galleries. It is the "Number One Commercial Street in China" in terms of total annual revenues. The prominence of Shanghai is growing as the 2010 Shanghai Expo approaches, spotlighting the Company's outdoor media presence.

"With the world-class events scheduled to take place in China in the next few years, we have secured a first-mover advantage in providing the highest- profile exposure for our clients' advertising," Mr. Hui added.

Please visit the Company's website (http://www.ncnincorporated.com/) for more details.

About Network CN Inc. Headquartered in Hong Kong, Network CN Inc.'s vision is to build a nationwide network in China that serves the needs of a variety of customers. The Company operates a Media Network, a Hotel Network and an e-Network. As of March 31, 2007, the Company had obtained rights to install and operate 540 roadside digital video panels and 2 mega-size digital video billboards in the PRC. The Company also had five 2 - 4 star hotels in the PRC and roughly 730 hotel rooms under management.

This press release includes statements that may constitute "forward- looking" statements, usually containing the word "believe," "estimate," "project," "expect," "plan," "anticipate" or similar expressions. Forward- looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors and changes in regulatory environments. These and other risks relating to Network CN Inc. business are set forth in the Company's Quarterly Report on Form 10-QSB filed with the Securities and Exchange Commission on May 21, 2007, and other reports filed from time to time with the Securities and Exchange Commission. By making these forward- looking statements, Network CN Inc. disclaims any obligation to update these statements for revisions or changes after the date of this release. Source: Network CN Inc.

Company Contact: Stanley Chu, General Manager Network CN Inc. Tel: 1-852-2833-2186 Investor Relations Sean Collins, Senior Partner CCG Elite Tel: 1-310-477-9800

Network CN Inc.

CONTACT: Stanley Chu, General Manager of Network CN Inc.,
+1-852-2833-2186, or Investor Relations, Sean Collins, Senior Partner of CCG
Elite, +1-310-477-9800

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

BlackBerry(R) 8830 World Edition smartphone now available in Canada from Bell Mobility"Best of both worlds" device offers true high-speed Internet access, GPS navigation

TORONTO, Ontario, June 26 /PRNewswire-FirstCall/ -- Bell Canada today announced the availability of the much-anticipated BlackBerry(R) 8830 World Edition smartphone, offering worldwide roaming, true high-speed Internet access, and advanced multimedia applications such as GPS navigation.

The BlackBerry 8830 World Edition from Bell is the first BlackBerry smartphone to take advantage of the world's two leading wireless network technologies. It offers the high speed Internet access and premium North American coverage of CDMA networks in Canada, the United States and Mexico, and the global reach of GSM/GPRS technology when clients travel around the world.

"Bell Mobility is proud to be the first to bring the BlackBerry 8830 World Edition to Canada, and to offer the only BlackBerry smartphone with the ability to operate on both high-speed CDMA voice and data networks in North America and GSM networks outside of North America," said Wade Oosterman, President of Bell Mobility. "The BlackBerry 8830 World Edition is a sophisticated and powerful multimedia communications device that truly offers the best of both worlds."

"BlackBerry smartphones continue to provide an unmatched mobile experience for people who want a full-featured phone to help them stay connected and productive in their personal and professional lives," said Mike Lazaridis, President and Co-CEO of Research In Motion. "The BlackBerry 8830 World Edition is a stellar choice for customers with its international roaming support, GPS functionality, multimedia features and a thin and stylish design."

Operating on the most powerful data network in Canada, the BlackBerry 8830 World Edition offers GPS navigation capabilities, instant messaging, mobile browsing and other robust multimedia applications:

- GPS Navigation offers turn-by-turn navigation capability with audio voice and onscreen functionality supported by 2D and 3D maps; using RIM's intuitive user interface with an easy-to-use trackball, clients can easily initiate route requests right from the BlackBerry address book - Customer Relationship Management and Sales Force Automation tools allow clients to record sales leads, manage contacts, obtain product inventory and pricing details, revise forecasts and recall complete customer histories in real time - Field Force Automation applications let clients manage work orders and status reports, accurately track equipment and supplies, and enable the electronic dispatch of mobile field staff to ensure the most cost- efficient deployment of resources - Business Continuity and Emergency Preparedness tools allow clients to manage events that can disrupt business operations and critical data networks in real time, with the sophisticated communications and process tools they need when every second counts.

The BlackBerry 8830 World Edition can also easily tether to a laptop computer to double as a wireless modem operating on the Bell wireless high speed network. Clients can also subscribe to Smart Connect, a Bell service that delivers seamless connectivity across multiple wireless networks, including EVDO, public and private WiFi hotspots, and virtual private networks.

Offering extensive multimedia capabilities, the BlackBerry 8830 World Edition also includes a media player for videos, music and photos and access to the world's most popular instant messaging network, Windows Live Messenger, exclusively available from Bell Mobility.

The BlackBerry 8830 World Edition is now available for as little as $299.95 on a three-year term. For more information, please visit bell.ca/fastest.

About Bell

Bell is Canada's largest communications company, providing consumers with solutions to all their communications needs, including telephone services, wireless communications, high-speed Internet, digital television and voice over IP. Bell also offers integrated information and communications technology (ICT) services to businesses and governments, and is the Virtual Chief Information Officer (VCIO) to small and medium businesses (SMBs). Bell is proud to be a Premier National Partner and the exclusive Communications Partner to the Vancouver 2010 Olympic and Paralympic Winter Games. Bell is wholly owned by BCE Inc. For information on Bell's products and services, please visit http://www.bell.ca/. For corporate information on BCE, please visit http://www.bce.ca/.

/NOTE TO PHOTO EDITORS: A photo accompanying this release is available on the CNW Photo Network and archived at http://photos.newswire.ca/. Additional archived images are also available on the CNW Photo Archive website at http://photos.newswire.ca/. Images are free to accredited members of the media/

BELL CANADA

CONTACT: media inquiries: Paolo Pasquini, Bell Canada, Media Relations,
(416) 581-4268, 1-888-482-0809, paolo.pasquini@bell.ca

Verizon Business and SoftBank Telecom Enter Strategic AllianceAgreement Benefits Multinational Customers in Japan

TOKYO, June 26 /PRNewswire/ -- Verizon Business and SoftBank Telecom have entered into a strategic alliance agreement that benefits multinational customers of both companies doing business in Japan.

The agreement, ratified at a signing ceremony in Tokyo Monday (June 25), provides customers with access to the networks and capabilities of each company. John Killian, president, Verizon Business, and Shinichi Koide, senior executive vice president and chief operating officer, SoftBank Telecom, represented their companies at the event.

SoftBank Telecom is one of Japan's largest ICT (information and communication technology) solution companies. It has a nationwide, fiber-optic network of more than 13,000 kilometers. Verizon Business owns and operates one of the most expansive IP backbone networks in the world, and provides the industry's best portfolio of global IP and mobile devices, services and solutions for business, government and education customers worldwide.

Killian said: "Japan is a key strategic market for many global businesses, as well as the headquarters location for many of the world's leading companies. For enterprises operating on a global scale, access to secure and high-quality communications infrastructure is a prerequisite for business success. This announcement is yet another demonstration of Verizon Business' commitment to assisting our multinational customers in achieving their global goals. We are delighted to join with SoftBank Telecom to deliver a seamless, high-quality communications experience that will support the evolving business needs of all our mutual customers, both within Japan and around the world."

Koide added: "SoftBank Telecom has been offering ULTINA Global Service by cooperating with various global service providers, and this partnership enables us to meet various demands from customers who are doing business globally, with more flexibility. SoftBank Telecom and Verizon Business share many similar attributes in their approach to business, not least of which is a shared belief: The client comes first. In the years ahead, we will cultivate our mutual strengths for the benefit of our customers."

About SoftBank Telecom

SoftBank Telecom is one of the largest ICT (Information & Communication Technology) solution companies in Japan with a nationwide fiber-optic network. SoftBank Telecom provides a combination of internet service, data service, voice and telephone services, and integration services to support and solve business challenges that business enterprises have. The company is a 100 percent subsidiary of SoftBank Corp. For more information, visit: http://www.softbanktelecom.co.jp/.

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 Business

CONTACT: Jo Perrin of Verizon Business, +44 770 252 5868, or
jo.perrin@verizonbusiness.com

Web site: http://www.verizon.com/
http://www.softbanktelecom.co.jp/
http://www.verizonbusiness.com/

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

IDO Security to Present MagShoe at Transport Security Expo & Conference in Amsterdam

NEW YORK, June 26 /PRNewswire-FirstCall/ -- IDO Security, Inc. (BULLETIN BOARD: IDOI) , a provider of innovative solutions for the homeland security market, today announced that it will showcase its Portable Metal Detector MagShoe(TM) for Shoe Weapons Inspection Systems (SWIS) that can inspect footwear for weapons without passengers having to remove or divest them from their feet at the 2007 TranSec World Expo 07 (Transport Security Expo & Conference) Stand #E-8, at Expo XXI in Amsterdam on 27 & 28 of June.

Michael Goldberg, the company's President, stated that as one of the largest forums for innovative Transport Security products, TranSec will give the international community the opportunity to view our MagShoe and see for themselves what an invaluable asset MagShoe will be in further supporting the goals of making the world a more secure place to work and travel in.

About TranSec World Expo 07

TranSec World Expo is a definitive two-day Conference & Exhibition for the Transport Security industry and will be held for the fifth year running at Expo XXI in Amsterdam on 27 & 28 June 2007. TranSec World Expo is an essential event for security experts across the globe from Aviation, Maritime, Rail, Road and Supply Chain logistics. For more, visit http://www.transec.com/

About MagShoe(TM)

MagShoe is a Portable Metal Detector designed to detect concealed weapons (knifes, cutting-blades, gun parts etc.) in shoes and around the ankles, without the need of removing your shoes. Just simply step on the MagShoe and within an average of 1.6 seconds, the check is completed. Audio visual signal, alerts the operator who can then see the results of the check on a Control- Panel. Following September 11 events, the Israeli National Security Agency (ISA) called for a response to its operational requirements for metallic weapon detection in shoes, when later on MagShoe was approved for use by the Technical Branch of the ISA (Prime Minister's Office), In addition, following successful evaluation field tests by the UK Home-Office's PSDB (Police Scientific Development Branch) in Gatwick Airport, MagShoe was accepted for use by the Department for Transport. An increasing number of Authorities and private security companies worldwide accept MagShoe as a solution to the problem of metal detection in shoes.

About IDO Security

IDO is engaged in the design, development and marketing of technologies for Shoe Weapons Inspection Systems (SWIS) that can inspect footwear for weapons without passengers having to remove or divest them from their feet for the homeland security and loss prevention markets for use in security screening to detect metallic objects concealed on or in footwear, ankles and feet through the use of electro-magnetic fields. These devices were designed specifically for applications in the security screening to complement the current methods for the detection of metallic items during security screenings and at security checkpoints in venues such as airports, prisons, schools, stadiums and other public locations and other venues requiring individual security screening For more information please visit us at http://www.idosecurityinc.com/

Forward Looking Statements:

A number of statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release because of certain exclusions under Section 27A (b). These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, uncertainties related to the development of IDO's business plan, and the ability to secure additional sources of financing. The actual results that IDO may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. IDO encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB available at http://www.sec.gov/.

Investor Contact: M L Goldberg President IDO Security, Inc. Tel: (646) 214-1234 mg@idosecurity.com General inquiries: inquiries@idosgroup.com

IDO Security, Inc.

CONTACT: Investors, M L Goldberg, President, IDO Security, Inc.,
+1-646-214-1234, mg@idosecurity.com; or General Inquiries,
inquiries@idosgroup.com

Web site: http://www.idosecurityinc.com/
http://www.transec.com/

/C O R R E C T I O N -- RealNetworks, Inc./

In the news release, RealPlayer Ushers in New Era in Internet Video, issued earlier today by RealNetworks, Inc. over PR Newswire, we are advised by the company that the second paragraph, second sentence, should read, "By making it 'one-click' simple to download, we're changing the way people experience" rather than "we're changing they way people experience" as originally issued inadvertently.

RealNetworks, Inc.

Arizona Student to Represent U.S. in International Stockholm Junior Water Prize Competition

ALEXANDRIA, Va., June 26 /PRNewswire/ -- Jingyuan Luo of Chandler, Ariz. was named the U.S. winner of the 2007 Stockholm Junior Water Prize (SJWP) - the most prestigious international competition for water-related research - during a ceremony this afternoon at the Heard Museum in Phoenix, Ariz. The Water Environment Federation (WEF) sponsors the U.S. SJWP with support from ITT Corporation, The Coca-Cola Company and Delta Air Lines, Inc.

The student's work, "Toxicity and Bioaccumulation of Nanomaterials in Aquatic Species," sought to learn more about the toxicity of nanoparticles, since so little is known about the potential negative effects when using such particles in consumer products, medical treatments and environmental remediation techniques. Luo's experiments sought to understand nanotoxicity by testing small carbon particles (fullerenes) and nano-zinc oxide particles on two different aquatic species (green algae and water fleas). The winning project was selected from more than 40 state SJWP winners at the national competition held in Phoenix, June 21-23.

"Ms. Luo's project dealt with an emerging technology and associated issues that were clearly state-of-the-art science," said Mohamed Dahab, president of the Water Environment Federation (WEF), primary organizer of the competition. "The winning project was indicative of the entire group with a very carefully designed experimental project, well-executed research plan and remarkably well-written report."

The Hamilton High School student was awarded $3,000 and an all-expense paid trip to Stockholm, Sweden, where she will compete against national winners from more than 30 countries for the international honor during World Water Week, August 12-17, 2007. HRH Crown Princess Victoria of Sweden will present the international award - a $5,000 scholarship and crystal sculpture - during a royal ceremony held in conjunction with the Stockholm Water Symposium.

In addition, the student's school will receive a $1,000 grant toward enhancing water science education and Luo will present her research to more than 16,000 water quality professionals at WEFTEC(R).07 - the Water Environment Federation's 80th annual technical exhibition and conference - this October in San Diego, Calif.

Three U.S. finalists, Jordyn Wolfland of Bethesda, Md., Keely Goodgame of Logan, N.M., Yupeng Liu of Charleston, S.C. and Kelydra Welcker of Parkersburg, W.Va., also received a $1,000 award.

The Arizona Water & Pollution Control Association served as the 2007 host with support from the Salt River Project. ITT Corporation is also the global sponsor of the Stockholm Junior Water Prize. For more information about the competition, please visit http://www.wef.org/.

About WEF

Formed in 1928, the Water Environment Federation (WEF) is a not-for-profit technical and educational organization with 32,000 individual members and 80 affiliated Member Associations representing an additional 50,000 water quality professionals throughout the world. WEF and its member associations proudly

work to achieve our mission of preserving and enhancing the global water environment.

About ITT Corporation

ITT Corporation (http://www.itt.com/) supplies advanced technology products and services in several growth markets. ITT is a global leader in the transport, treatment and control of water, wastewater and other fluids. The company plays a vital role in international security through its defense communications and electronics products; space surveillance and intelligence systems; and advanced engineering and related services. It also serves the growing leisure marine and electrical connectors markets with a wide range of products. Headquartered in White Plains, N.Y., the company generated $7.8 billion in 2006 sales. In addition to the New York Stock Exchange, ITT Corporation stock is traded on the Euronext and Frankfurt exchanges.

ITT Corporation

CONTACT: Andrew Stein, +1-212-931-6190, astein@peppercom.com, for ITT
Corporation

Web site: http://www.itt.com/
http://www.wef.org/

Wells Fargo Foothill Announces Launch of a Dedicated Technology Finance TeamLeading provider of secured financing forms unit to serve software and technology-enabled solutions firms

SANTA MONICA, Calif., June 26 /PRNewswire/ -- Wells Fargo Foothill -- part of Wells Fargo & Company -- announced today that it has added a Technology Finance unit to its array of general and industry-specific financing solutions. Long a leader in providing secured financing to companies within the software and technology industries, Wells Fargo Foothill has now formally focused a team of originations, underwriting and portfolio veterans to service the unique financing needs of companies in these sectors.

"This is an exciting opportunity for us to expand and enhance how we serve businesses in this critical sector," said Scott Diehl, president of Wells Fargo Foothill's Commercial Finance Division. "The companies in this segment have not only changed the way we all live and work, but also how we lend. Our Technology Finance team's goal is to keep pace with their growing financial needs, as we fund the next stages of innovation."

Wells Fargo Foothill Technology Finance, headed by Executive Vice President Kurt Marsden, will offer senior secured credit facilities from $10 million to $1 billion and more, each specifically tailored to the needs of the industry. For companies delivering software and technology-enabled solutions, this will include structures that address perpetual license, software-as-a-service (SAAS) and hosted solutions business models.

Wells Fargo Foothill provides flexible, innovative credit facilities to middle-market companies restricted by more conventional bank financing. For companies in the hardware, software, telecommunications and internet industries, Wells Fargo also offers a broad range of additional financial products and services, including traditional commercial finance through Wells Fargo Bank, N.A.

Wells Fargo & Company is a diversified financial services company with $486 billion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 6,000 stores and the Internet (wellsfargo.com) across North America and elsewhere internationally. Wells Fargo Bank, N.A. is the only bank in the U.S., and one of only two banks worldwide, to have the highest credit rating from both Moody's Investors Service, "Aaa," and Standard & Poor's Ratings Services, "AAA." For more information, visit Wells Fargo Foothill on the Internet at http://www.wffoothill.com/.

Wells Fargo Foothill

CONTACT: Gene Swift of Wells Fargo Foothill, +1-310-453-7321

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

STMicroelectronics Introduces Lowest-Power-Consumption Touch Sensor for Portable and Cost-Sensitive ApplicationsTiny chips extend ST's touch-sense portfolio with fastest response times and no need for extra components on sensor lines

GENEVA, Switzerland, June 26 /PRNewswire-FirstCall/ -- STMicroelectronics today announced a new family of ultra-low-power touch-sensor chips, following the signing of a technology-licensing agreement with the Korean company ATLab, Inc. The sensors are intended for portable applications such as mobile phones, PDAs, notebook PCs and media players, as well as for the cost-sensitive white-goods market. The new 'S-Touch' family uses ATLab's capacitive touch-sensing technology, which is based on a fully-digital architecture that needs no on-chip MCU, memory or firmware to implement control interfaces responsive to their users' touch. The first products in the family are 8-channel and 12-channel devices.

This new hardwired touch-sensor family complements ST's recently-announced MCU-based 'QST' series, which enables intelligent touch-sensitive control interfaces for more complex applications and - at the other end of the scale - in simpler products where the sensor's MCU can also control multiple secondary functions. The combined sensor portfolio positions ST as the only semiconductor supplier to provide a full range of touch-sensor solutions, meeting a wide spread of requirements and conditions across different industries.

ST has implemented the hardwired finite state machine, at the core of the S-Touch family, in optimized silicon, which requires very little power: consumption is around five to ten times lower than conventional touch-sensor solutions, with a sleep-mode consumption of just 1 microamp. The sensor lines from the device to the application's touch pads do not need the external RC (resistor-capacitor) networks that are typically required in other solutions, and the sensors themselves are tiny - the 8-input device uses a 2.6 x 1.8mm QFN16 package - ensuring a very compact solution that is some 80% smaller than existing equivalent solutions, and highly cost-competitive. The sampling time of the sensor, at 2 milliseconds, is also among the fastest in the industry

Future products in this family will integrate proprietary technology from ST's new Xpander Logic family, which helps to overcome limitations in the number of Input/Output (I/O) ports in MCU-based embedded systems by reassigning I/O-intensive tasks to an ultra-low-power Xpander Logic IC. The technology allows an existing system processor to use a wide range of additional intelligent functions through a fast I2C interface, including a keypad controller capable of supporting up to 96 keys, with ghost key, multiple key and hot-key handling; and LED brightness control through a PWM (Pulse-Width Modulation) controller.

By combining ST and ATLab IP (Intellectual Property) in this way, S-Touch will be able to realize a true one-chip solution for a full user-interface controller, handling a full-size keypad with LED-backlighting control, and with capacitive touch-key and resistive touch-screen features. ST also plans to explore the possibility of extending the collaboration with ATLab, especially in advanced digital IP design services in specific areas. The technology provides an alternative to ST's MCU-based QST series, the two families ensuring the widest range of touch-sensing design options to meet styling, material and functional requirements.

Samples of the 12-channel STMPE1208 will be available within the first half of 2007, with volume production planned for September. The 8-channel STMPE821 will be sampling in September 2007 and in volume production in January 2008. The devices are priced at $1.60 and $1.40, respectively, in quantities of 100,000 pieces.

About the technology

S-Touch will utilize ATLab's patented Impedance Change-Detection Engine (ICDE), which is capable of detecting changes in capacitance as small as 60fF (femto Farad, one thousandth of a pico Farad). The sensor has a dynamic range of 6pF, divided into 100 steps of 60fF. The ICDE will detect a change in capacitance which causes a time delay, and is the only solution in the market that requires only one pin for each sensor and which eliminates the need for RC networks on the sensor lines - a requirement in most conventional industry solutions. Its unique automatic calibration technology allows S-Touch to be highly tolerant to assembly and PCB variations, EMC interference and water film effects.

About ATLab

ATLab, Inc. ('@Lab'), which was founded in July 2000, is a fabless semiconductor company specializing in mixed-signal System-on-Chip (SoC) fields. With a professional group of more than 350 man-years of combined experience in areas such as design, production, sales and services, ATLab concentrates on Application Specific Standard Product (ASSP) business in Optical Navigation Sensors, Digital Contact Controllers (DCC), and in Gigabit Multimedia Data eXpress (GMDX). In addition, ATLab also has Intellectual Property (IP) business and Shared R&D Services. Further information can be found at http://www.atlab.co.kr/

About STMicroelectronics

STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2006, the Company's net revenues were $9.85 billion and net earnings were $782 million. Further information on ST can be found at http://www.st.com/.

STMicroelectronics

CONTACT: Michael Markowitz of STMicroelectronics, +1-212-821-8959,
michael.markowitz@st.com

Web site: http://www.st.com/
http://www.atlab.co.kr/

SunTrust Enhances Electronic Financial Reporting ServiceOnline Courier Provides Automated Delivery of Critical Information in Real Time

ATLANTA, June 26 /PRNewswire-FirstCall/ -- SunTrust Banks, Inc. announced today enhancements to Online Courier, its industry- leading electronic information reporting delivery service. Online Courier provides automated delivery of balance reporting, special reports, wire advices and account alerts without the need for client login. Using a variety of delivery methods including direct desktop transmission, email, PDA, cell phone, secure FTP and fax, Online Courier allows clients to make informed financial decisions in a 'real-time' environment, helping them ease time and resource constraints.

"Our clients require immediate access to their information through secure and convenient channels that allow them to choose how and when it will be delivered," said David Fuller, senior vice president and division manager, SunTrust Treasury & Payment Solutions. "Through a self-service approach, Online Courier delivers account information and a level of flexibility and control over delivery that is unique in the marketplace."

New enhancements to Online Courier will provide clients with greater access to important financial information in formats that more effectively integrate into their systems and business processes, including:

-- Flexible Wire Transfer Advice Formats - New wire advice data exports offer advice detail in multiple data formats such as BAI, CSV, and XML. These data feeds can be easily uploaded into accounting packages, treasury workstations, and ERP solutions - streamlining reconciliation and cash application. Businesses receiving large volumes of wire transfers such as title companies and real estate closing attorneys are already seeing a positive, time-saving impact to their business processes. -- Improved Cash Position Tools - The Cash Position Report is now available for easy download in a SunTrust proprietary CSV format, offering greater flexibility for customized cash position management on the client desktop or network. Additionally, with incoming data exchange, a client no longer needs to dial in to multiple banks to see a complete view of their cash position. Through the Online Courier Cash Position Report, clients can also receive previous day information for non-SunTrust accounts, including accounts from foreign banks. -- More Flexible Sub-Account Management - For companies with multiple offices, locations or subsidiaries, a Multi-Location Report enhancement allows clients to designate which field their location code should display in the master account, giving them more control and accuracy over internal reconcilement processes. About SunTrust Treasury & Payment Solutions

SunTrust's Treasury & Payment Solutions division provides a complete range of integrated treasury solutions to help clients effectively manage their payables, receivables, and cash position. These solutions enable companies of all sizes to better navigate today's complex payments environment, overcome time and staffing constraints, and implement appropriate financial and operational controls. Reflecting SunTrust's strong commitment to quality, the bank's treasury solutions recently received A or A+ ratings in 17 out of 18 product categories, as well as high marks for client services and knowledgeable specialists, according to a Phoenix-Hecht middle market survey. SunTrust is also a top 10 commercial card issuer and the 9th largest cash management provider in the United States.

About SunTrust

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of March 31, 2007, SunTrust had total assets of $186.4 billion and total deposits of $123.4 billion. The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24- hour delivery channels. The Company also serves customers in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the Company provides credit cards, mortgage banking, insurance, brokerage, equipment leasing and capital markets services. SunTrust's Internet address is http://www.suntrust.com/

SunTrust Banks, Inc.

CONTACT: Hugh Suhr of SunTrust Banks, Inc., +1-404-827-6813,
Hugh.Suhr@suntrust.com; or Stephen Gilmore of Manning Selvage & Lee,
+1-212-468-4056, Stephen.Gilmore@mslpr.com

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

Washington State Employees Credit Union Adds AT&T Network ServicesNew Network Services Provide Greater Reliability and Efficiency

OLYMPIA, Wash., June 26 /PRNewswire-FirstCall/ -- AT&T Inc. has announced that the implementation of new reliable network services to support Washington State Employees Credit Union's (WSECU) new business initiatives is now complete. AT&T has also made WSECU's voice, data and wireless services more efficient with AT&T's Business Network (ABN) solution and has provided the company with AT&T's Internet Protocol (IP)-enabled Frame Relay (IPeFR) services.

WSECU is a $1 billion nonprofit financial cooperative that offers products and services to meet its members' financial needs. WSECU has 22 locations in the state of Washington. With service ratings in the top 1 percent of companies nationally, WSECU prides itself on providing outstanding member service to its 140,000 member-owners in person, via telephone and online.

To support the company's current new business initiatives, WSECU was looking for a network service provider that could provide reliable connectivity and superior customer service. AT&T used its Multiprotocol Label Switching (MPLS) backbone to connect all of WSECU's branches and stand-alone ATMs. WSECU also is using AT&T's network to implement new Voice over Internet Protocol (VoIP) phone systems and to prioritize critical business applications with MPLS to provide an improved networking environment for each part of its operation.

"When evaluating potential providers, AT&T demonstrated an ability to meet our needs for a redundant, reliable network with the customer support and reporting tools that we required at a competitive price," said Tony Hildesheim, assistant vice president of Enterprise Systems at WSECU. "Our goal is to consistently deliver service that ensures the confidentiality, availability and integrity of the financial information that is entrusted to us by our members. In doing so, we require a data network that ensures that the financial services we provide to our members are both available and secure."

The agreement renews and expands a long-standing relationship, which spans more than six years, between the two companies.

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

About WSECU

WSECU, a not-for-profit financial cooperative, was established in 1957 by 40 founding Washington State employees committed to the concept of people helping people. In 50 years, WSECU has grown into a 140,000 member, full service, statewide organization that today serves public employees and their families with a larger full-service branch network than any other credit union in Washington. More information can be found at wsecu.org.

About AT&T

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

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

AT&T Inc.

CONTACT: Gina Pernetti of AT&T, +1-916-847-8542, gp7182@att.com; or Ann
Flannigan of WSECU, 1-800-562-0999, Ext. 10138, aflannigan@wsecu.org

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

Modis and Idea Integration Make the VARBusiness 500Modis and Idea Integration Ranked Among North America's Top 500 Technology Integrators by CMP's VARBusiness Magazine

JACKSONVILLE, Fla., June 26 /PRNewswire-FirstCall/ -- MPS Group, Inc. , a leading provider of specialty staffing and business solutions, today announced that Modis, Inc., its information technology (IT) services business unit, and Idea Integration, its technology solutions and systems integration unit, have both been recognized by CMP Technology's VARBusiness magazine as two of North America's top technology integrators.

The 500 companies featured on the list are the leading revenue producers among solution provider organizations in North America. The list's ranking is based on companies' gross worldwide revenue of hardware and software sales, as well as earning from professional and managed IT services.

In April of this year, Modis was also named to CMP Technology's GovernmentVAR 100, a ranking of the top federal, state, local and education solution providers and integrators in North America.

"We are proud to again be recognized as one of the VARBusiness 500," said Jack Cullen, president of Modis, Inc. "Modis works extremely hard to deliver the highest quality human capital resources to our clients, while supporting and encouraging the success of the IT professionals we represent. This honor acknowledges the tremendous commitment and talent of every member of our organization."

"It's an honor to be included in the VARBusiness 500 once again," said Jim Albert, president of Idea Integration. "Idea is focused on developing and offering quality, state-of-the-art solutions, and it is extremely gratifying to be recognized as a key provider in today's marketplace."

"The companies on the VARBusiness 500 list play critical roles in providing the proper IT strategies and systems to corporations and institutions to help drive business forward. We congratulate them on their success," said the CMP Channel's Editorial Director, Robert C. DeMarzo.

The complete listing of the VARBusiness 500 was published in the June 11 issue of VARBusiness, the monthly business magazine that provides strategic insight for technology integrators. The VARBusiness 500 and GovernmentVAR 100 are also listed on http://www.crn.com/.

About Modis

Modis is one of the world's largest and most respected providers of information technology (IT) services and solutions. Through an optimal mix of internal staff, outside consulting, and project outsourcing, Modis delivers world-class IT solutions to more than 1,000 clients in virtually every industry around the world. For more information about IT services and solutions from Modis, visit http://www.modisit.com/.

About Idea Integration

Idea Integration is an IT consulting and technology solutions firm specializing in application development, digital data management, business intelligence, infrastructure, information security and interactive marketing. Idea serves clients throughout the United States with high value application consulting services. For more information, please visit http://www.idea.com/

About VARBusiness

For the past 20 years, VARBusiness' strategic resources have been the gateway to the commercial and public sector (or government) solution provider community. The VARBusiness integrated platform of media opportunities provides strategic insight for technology integrators through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness offerings lead vendors and distributors to unprecedented access to the most powerful strategic solution providers in the market. VARBusiness has been the recipient of numerous industry awards for both editorial content and design.

About MPS Group

MPS Group is a leading provider of staffing, consulting, and solutions in the disciplines of information technology, finance and accounting, law, engineering, and healthcare. MPS Group delivers its services to government entities and businesses in virtually all industries throughout the United States, Canada, the United Kingdom, and Europe. A Fortune 1000 company with headquarters in Jacksonville, Florida, MPS Group trades on the New York Stock Exchange. For more information about MPS Group, please visit http://www.mpsgroup.com/.

MPS Group, Inc.

CONTACT: Tyra Tutor, Senior Vice President, Corporate Development,
+1-904-360-2500, tyra.tutor@mpsgroup.com

Web site: http://www.mpsgroup.com/
http://www.modisit.com/
http://www.idea.com/

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News archive of November 2009
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