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Companies news of 2007-06-27 (page 1)

  • Synopsys Teams With UMC to Port Mixed-Signal Connectivity IP to 90- and 65-Nanometer...
  • Salesforce.com Announces Annual Shareholders Meeting to be Held in San Francisco on...
  • California Micro Devices to Update June Quarter Guidance
  • Steven R. Burns Joins Portico Systems' Board of DirectorsBrings 24 years of Healthcare...
  • SMART Modular Technologies Reports Third Quarter Fiscal 2007 ResultsGAAP Diluted EPS of...
  • CSC Signs $200 Million in Previously Unannounced Contracts With Leading Organizations in...
  • Verizon Wireless Completes High Speed Wireless Expansion Across Hampden and Hampshire...
  • CACI Issues Guidance for Its Fiscal Year 2008FY 2008 revenue projected at $2.05 billion to...
  • ITEX Relocates Server Facilities to Boise, IdahoMove Provides Safer, More Efficient...
  • Brocade Completes Reverse/Forward Stock SplitCompany Stock Ticker on NASDAQ Currently...
  • Spreadtrum Communications, Inc. Prices Initial Public Offering
  • Connected Media & endi.com Sign Content License Agreement
  • Get Wallace & Gromit, Mr. Bean's Holiday and More on V CAST From Verizon WirelessPlayer X...
  • Fujifilm Reduces its Greenhouse Gas Emissions with Methane Reclamation ProgramMethane Gas...
  • Hours of Operation Have Been Extended for Representatives to Help Wisconsin Consumers and...
  • MTC Technologies, Inc. Sets Date and Time for Announcement of Second Quarter 2007...
  • Temple University Residents to Benefit from Verizon Wireless Network ExpansionInvesting to...
  • A Degree in Internet TV - Ravensbourne College Adds Narrowstep's IPTV Platform to...
  • 'Blonde and Blonder' Inks Exclusive Text Messaging Deal with SMS Text Media
  • New Optimum Online Web Portal Brings Users Home With Personalized Content, Relevant Local...
  • Adoodle Offers FREE TRIAL to Agencies and Sponsors for TVAdsAgain.com Site Launch
  • General Dynamics - Air Force Team Wins DOD Modeling and Simulation Award for Wargaming...
  • ACORD Compliant Reinsurance XML Project Successfully Completed
  • IDG's Computerworld Names Informatica to Annual List of Best Places to Work in Information...
  • American Telecom Announces New Give N' Talk Distribution Through the Most Fashion Oriented...
  • TransAct Receives First POWEROLL(TM) Purchase Order
  • HI's MascotCapsule(R) has been Embedded into ASUSTeK Computer's Handset
  • CMP Technology's DB2 Magazine Launches Digital Edition and Debuts a New WebsiteOffers...
  • Space Systems/Loral Celebrates Success of Intelsat VII ProgramEight Loral-built Satellites...



    Synopsys Teams With UMC to Port Mixed-Signal Connectivity IP to 90- and 65-Nanometer Process TechnologiesSynopsys' DesignWare IP for USB 2.0, PCIe, SATA and XAUI PHYs Developed for UMC's Leading-Edge Processes

    MOUNTAIN VIEW, Calif., June 27 /PRNewswire-FirstCall/ -- Synopsys, Inc. , a world leader in semiconductor design software, today announced that it has teamed with UMC to port the Synopsys DesignWare(R) USB 2.0, PCI Express, SATA and XAUI PHY semiconductor intellectual property (IP) to UMC's 90-nanometer (nm) and 65-nm technologies. The DesignWare PHYs are highly complex, process-tuned analog interfaces used in today's high-volume, high-value consumer, computer, storage and networking SoCs. The DesignWare PHY IP provides 90- and 65-nm implementations of popular high-speed derail communications protocols, helping reduce risk, speeding time-to-market, and ensuring a more predictable path to silicon success.

    The USB 2.0 nanoPHY for USB 2.0 is a mixed-signal IP core that is ideal for USB applications that require low power, small area, and PHY tunability. Combined with the DesignWare USB Device, Host and On-The-Go controllers and verification IP, Synopsys' DesignWare USB IP provides designers with an easy-to-integrate, interoperable USB IP solution that can be quickly implemented into next-generation applications.

    The DesignWare PHY IP for PCIe, XAUI, and SATA, combined with the respective DesignWare digital controllers and verification IP, delivers a complete set of IP solutions for these protocols. The PHY IP offers the lowest power (30 to 50 percent lower than competitive solutions), high performance margins, and small die area. In addition, the ATE test vectors and a unique built-in diagnostic engine enable at-speed production testing of the mixed-signal PHYs. The associated DesignWare verification IP enables a quick and efficient way to verify PCI Express designs using the latest functional verification methodologies.

    "Many of our customers are seeking standardized interface IP for the USB, PCIe, SATA and XAUI protocol standards," said Dr. Chingchi Yao, senior director of Customer Design Support at UMC. "Synopsys' high-value cores are poised to allow chip designers to quickly obtain and integrate critical functionality into their designs and then ramp into volume production. We are taking an aggressive position in making reduced-risk IP available for leading-edge designs and are among the first companies to have Synopsys port their newest portfolio of mixed-signal IP to 65 nanometer processes."

    "Synopsys continues its track record of providing customers with integrated, high quality IP solutions that support the latest process technologies," said John Koeter, senior director of marketing for DesignWare IP at Synopsys. "By working closely with UMC on developing the DesignWare IP in UMC's 90 and 65 nanometer processes, we are working to enable our mutual customers to achieve first-pass silicon success."

    Availability

    The DesignWare USB 2.0 nanoPHY for UMC's 90LL, 65-nm SP, and 65LL processes are expected to be available in the second half of this year. The DesignWare PHY IP for PCI Express, XAUI and SATA implemented in UMC's 90LL and 65-nm SP technologies are expected to be available in early 2008. The DesignWare verification IP and digital controller cores for USB 2.0, PCIe and SATA are available today.

    About DesignWare Mixed-Signal IP

    Synopsys enables designers to quickly integrate analog mixed-signal IP (MSIP) into next-generation SoCs by offering a comprehensive portfolio of high performance PHY IP for PCI Express, SATA, XAUI, USB, and DDR2/DDR3 protocols and associated digital controllers and verification IP. The MSIP offering also includes a comprehensive suite of I/O libraries. Available for industry-leading processes, the DesignWare Mixed Signal IP portfolio meets the needs of today's high-speed SoC designs for the networking, storage, computing, and consumer electronics markets. For more information on DesignWare IP, visit: http://www.synopsys.com/designware.

    About Synopsys

    Synopsys, Inc. is a world leader in electronic design automation (EDA) software for semiconductor design. The company delivers technology-leading system and semiconductor design and verification platforms, IC manufacturing and yield optimization solutions, semiconductor intellectual property and design services to the global electronics market. These solutions enable the development and production of complex integrated circuits and electronic systems. Through its comprehensive solutions, Synopsys addresses the key challenges designers and manufacturers face today, including power management, accelerated time to yield and system-to-silicon verification. Synopsys is headquartered in Mountain View, California, and has more than 60 offices located throughout North America, Europe, Japan and Asia. Visit Synopsys online at http://www.synopsys.com/.

    Forward-Looking Statement

    The press release contains forward-looking statements within the meaning of Section 27A of the Securities Act 0f 1933 and Section 21E of the Securities Exchange Act of 1934, including Synopsys' expectations of the benefits and dates of availability of the above-mentioned IP for UMC's technologies. These statements are based on current expectations and beliefs. Actual results could differ materially from these statements as a result of risks and uncertainties including, but not limited to, unforeseen difficulties in completing the porting of the IP, uncertainties attendant to any Intellectual Property offering, risks related to the continued cooperation of the two companies, and other risks as detailed in the section of Synopsys' Annual Report on Form 10-K for the fiscal year ended October 31, 2006 entitled "Risk Factors."

    Synopsys and DesignWare are registered trademarks of Synopsys, Inc. PCI Express and PCIe are registered trademarks of PCI-SIG. Any other trademarks or registered trademarks mentioned in this release are the intellectual property of their respective owners.

    Editorial Contacts: Sheryl Gulizia Synopsys, Inc. 650-584-8635 sgulizia@synopsys.com Ellen Van Etten MCA 970-778-6094 evanetten@mcapr.com

    Synopsys, Inc.

    CONTACT: Sheryl Gulizia of Synopsys, Inc., +1-650-584-8635,
    sgulizia@synopsys.com; or Ellen Van Etten of MCA, +1-970-778-6094,
    evanetten@mcapr.com

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




    Salesforce.com Announces Annual Shareholders Meeting to be Held in San Francisco on Thursday, July 12, 2007Event to be Webcast Live on salesforce.com's Investor Relations Website

    SAN FRANCISCO, June 27 /PRNewswire-FirstCall/ -- Salesforce.com , the market and technology leader in on-demand business services today announced the company's 2007 annual meeting of stockholders will be held on Thursday, July 12, 2007 at 2:00PM (PDT) / 5:00PM (EDT). The meeting is to be held at the Mark Hopkins Hotel located on 999 California Street, San Francisco, California 94108. The record date for the meeting was May 22, 2007, and only stockholders of record on that date are eligible to attend the meeting.

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

    An audio webcast will be available to the public on salesforce.com's website at http://www.salesforce.com/investor.

    About salesforce.com

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

    As of April 30, 2007, salesforce.com manages customer information for approximately 32,300 customers including ABN AMRO, America Online (AOL), Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, Sprint Nextel, Staples and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com/, or call 1-800-NO-SOFTWARE.

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

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

    CONTACT: David Havlek, Investor Relations, +1-415-536-2171,
    dhavlek@salesforce.com, or Gordon Evans, Public Relations, +1-415-536-7608,
    gevans@salesforce.com, both of salesforce.com

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




    California Micro Devices to Update June Quarter Guidance

    MILPITAS, Calif., June 27 /PRNewswire-FirstCall/ -- California Micro Devices (Nasdaq Global: CAMD) today announced it will hold a conference call on Thursday, June 28, 2007, at 2:00 p.m. Pacific Time to update the financial outlook for its first fiscal quarter of 2008, which ends on June 30, 2007.

    Within the USA, interested parties may access the call by dialing 800-240-5318. International parties may access by dialing 303-262-2175. No password is necessary. A replay may be accessed at http://www.cmd.com/ (Investor Relations Link) from approximately 4:00 p.m. Pacific Time on June 28, 2007 until July 19, 2007.

    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 Application Specific Integrated Passive(TM) 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

    CONTACT: Kevin Berry, Chief Financial Officer, +1-408-934-3144, or
    kevinb@cmd.com

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




    Steven R. Burns Joins Portico Systems' Board of DirectorsBrings 24 years of Healthcare Expertise

    PHILADELPHIA, June 27 /PRNewswire/ -- Portico Systems, the leader in Provider Network Management solutions, today announced the addition of Steven R. Burns, an industry veteran and former partner within Accenture's Health Services Practice, to its board of directors.

    "We are extremely excited to have Steve join our board," said Ned Moore, CEO of Portico Systems. "His extensive experience working side-by-side with health plans that struggle with the exact challenges that our solution is designed to solve, makes Steve an incredible resource and a great addition to our team."

    "Health plans continue to struggle with effectively managing provider networks," said Steve Burns. "Portico's technology is addressing the growing need for data transparency, which has proven to increase operational efficiency, reduce costs and data errors, and improve relationships with doctors. I am pleased to join Portico's board of directors and am looking forward to the opportunity to work with Ned and his team to provide health plans with the most advanced solutions to effectively manage their provider network operations."

    Burns brings more than 24 years of experience working in the health services industry. His work at Accenture included helping commercial insurers and health plans successfully implement major change initiatives to improve business organization, operations and systems management. Burns also held management roles at two major health plan clients, working to improve claims processing and customer service operations.

    Burns joins Moore and three other existing board members: Bill Pocklington, EVP and director at Portico, John Loftus, EVP and managing director of Safeguard Scientifics' Technology Group and Kevin Kemmerer, SVP of Safeguard Scientifics' Technology Group.

    About Portico(TM) Systems

    Portico Systems offers health plans software solutions exclusively focused on unlocking the value of Provider Network Management. Our hallmark Portico Provider Platform empowers health plans to infuse agility into their provider network management functions while delivering actionable provider information. The platform streamlines provider network processes while accelerating new revenue streams, enhancing employee effectiveness and optimizing provider relationships. For more information, please contact Chris Jones at cjones@porticosys.com or 484-533-6241. You may also visit our website at http://www.porticosys.com/.

    About Safeguard

    Safeguard Scientifics, Inc. builds value in high-growth, revenue-stage information technology and life sciences businesses. Safeguard provides growth capital as well as a range of strategic, operational and management resources to our partner companies. Safeguard participates in expansion financings, corporate spin-outs, management buyouts, recapitalizations, industry consolidations and early-stage financings. http://www.safeguard.com/.

    Portico Systems

    CONTACT: George Robertson of Corporate Ink, +1-617-969-9192,
    grobertson@corporateink.com, for Portico Systems

    Web site: http://www.porticosys.com/
    http://www.safeguard.com/




    SMART Modular Technologies Reports Third Quarter Fiscal 2007 ResultsGAAP Diluted EPS of $0.22, vs. $0.10 in Year Ago QuarterGross Profit of $36.9 Million, up 13% vs. Year Ago Quarter

    FREMONT, Calif., June 27 /PRNewswire-FirstCall/ -- SMART Modular Technologies (WWH), Inc. ("SMART" or the "Company") , a leading independent manufacturer of memory modules, embedded computing subsystems, and TFT-LCD display products, today reported financial results for the third quarter of fiscal 2007.

    Third Quarter Fiscal 2007 Results versus Third Quarter Fiscal 2006: -- Net Sales of $186.5 Million, down 1% from the year ago quarter -- Gross Profit of $36.9 Million, up 13% from the year ago quarter -- GAAP diluted EPS of $0.22, vs. $0.10 in the year ago quarter

    Net sales for the third quarter of fiscal 2007 were $186.5 million, down 22% compared to $239.1 million for the second quarter of fiscal 2007, and down 1% compared to $188.5 million for the third quarter of fiscal 2006.

    Gross profit for the third quarter of fiscal 2007 was $36.9 million, down 10% compared to $41.2 million for the second quarter of fiscal 2007, and up 13% compared to $32.7 million for the third quarter of fiscal 2006.

    GAAP net income for the third quarter of fiscal 2007 was $14.2 million, or $0.22 per diluted share, compared to net income of $14.0 million, or $0.22 per diluted share for the second quarter of fiscal 2007, and $6.5 million, or $0.10 per diluted share for the third quarter of fiscal 2006.

    Non-GAAP net income and GAAP net income for the third and second quarters of fiscal 2007 were the same, totaling $14.2 and $14.0 million, respectively, or $0.22 per diluted share in both quarters. Non-GAAP net income for the third quarter of fiscal 2006 was $10.4 million, or $0.16 per diluted share. Please refer to the "Non-GAAP Information" below for further detail.

    SMART ended the third quarter of fiscal 2007 with $114.0 million in cash and cash equivalents.

    "In this period of tremendous erosion of DRAM average selling prices (ASP), which declined by almost 60% during the third fiscal quarter, we are very pleased to report third quarter earnings of $0.22 per diluted share. Our ability to deliver these results in the face of such DRAM ASP degradation validates the strength of our business model," stated Iain MacKenzie, President and CEO of SMART. "We made solid progress on the business front with traction, particularly in flash products and embedded and display solutions. We have a number of customer engagements, which gives us confidence in our ability to meet our product diversification objectives. In May we introduced a new line of industrial-grade secure digital (SD) memory cards. Indications we see today point to this industrial SD form factor replacing the more traditional Compact Flash form factor as customers increasingly require reliable, removable storage devices that can withstand adverse conditions, including extreme temperatures in demanding industrial environments such as networking, telecomm, and embedded computing. We believe the addition of this product family along with our ongoing supply of SSD samples and the advancements in our Xceed product families, greatly strengthens our technology and product roadmap, as well as the total breadth of our product portfolio."

    "In our core memory business, we continue to focus on the high-end server market segment, where our global footprint and broad product offering differentiates us from the competition," continued Mr. MacKenzie. "In April we announced the expansion of our high performance computing lab to support fully buffered DIMM testing for our OEM customers. Additionally, to accommodate increasing demand for our products in the Brazil market, we are looking to expand our facility by more than 30% by December 2007. Regardless of memory prices, we remain well-positioned to continue executing our growth and diversification strategy and to strengthen our leadership position in the high-end memory module and subsystem markets."

    The following statements are based upon management's current expectations. These statements are forward-looking, and actual results may differ materially. The Company undertakes no obligation to update these statements.

    For the fourth quarter of fiscal 2007, SMART estimates net sales will be in the range of $200 to $220 million, gross profit will be in the range of $39 to $40 million, GAAP diluted net income per share to be $0.23 to $0.24. The shares used in computing diluted net income per ordinary share will be in the range of 63.9 million to 64.3 million.

    Conference Call Details

    SMART's third quarter, fiscal 2007 teleconference and webcast is scheduled to begin at 1:30 p.m. Pacific Daylight Time (PDT), or 4:30 p.m. Eastern Daylight Time (EDT), on Wednesday, June 27, 2007. The call may be accessed US toll free by calling (888) 455-3612 or US toll by calling (773) 681-5826. Please join the conference call at least ten minutes early in order to register. The passcode for the call is "SMART". SMART will also offer a live and archived webcast of the conference call, accessible from the Company's website at http://www.smartm.com/. A telephonic replay of the conference call will be available through midnight PDT, July 12, 2007, by dialing (888) 566-0650. Callers outside the U.S. and Canada may access the replay by dialing (402) 998-0598.

    Forward-Looking Statements

    Statements contained in this press release, that are not statements of historical fact, including any statements that use the words "will," "believes," "anticipates," "estimates," "expects," "intends" or similar words that describe the company's or its management's future plans, objectives, or goals, are "forward-looking statements" and are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include the company's financial performance, technical capabilities, business strategies and product plans.

    Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the company to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, production or manufacturing difficulties, competitive factors, new products and technological changes, fluctuations in product prices and raw material costs, dependence upon third-party vendors, customer demand, changes in industry standards or release plans, and other risks detailed in the company's periodic report filings with the Securities and Exchange Commission. Such risk factors as outlined in these reports may not constitute all factors that could cause actual results to differ materially from those discussed in any forward-looking statement. The company operates in a continually changing business environment and new factors emerge from time to time. The company cannot predict such factors, nor can it assess the impact, if any, from such factors on the company or its results. Accordingly, forward-looking statements should not be relied upon as a prediction of actual results. The company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.

    Non-GAAP Information

    Certain non-GAAP financial measures are included in this press release, including non-GAAP net income and non-GAAP diluted net income per ordinary share. Non-GAAP financial results do not include restructuring costs, impairment charges and other infrequent or unusual items. These non-GAAP financial measures are provided to enhance the user's overall understanding of our financial performance. By excluding these charges, as well as the related tax effects, our non-GAAP results provide information to management and investors that is useful in assessing SMART's core operating performance and in evaluating and comparing our results of operations on a consistent basis from period to period. These non-GAAP financial measures are also used by management to evaluate financial results and to plan and forecast future periods. The presentation of this additional information is not meant to be a substitute for the corresponding financial measures prepared in accordance with generally accepted accounting principles. Investors are encouraged to review the reconciliations of GAAP to non-GAAP financial measures, which are included below.

    (Unaudited) (In thousands) Three Three Three Nine Nine Months Months Months Months Months Ended Ended Ended Ended Ended May 31, Feb. 28, May 31, May 31, May 31, 2007 2007 2006 2007 2006 Net income $14,183 $13,970 $6,456 $42,706 $16,585 Add: Other income due to change in accounting treatment for interest rate swaps, net of tax -- -- (1,879) -- (1,879) Notes redemption charge, net of tax -- -- 5,864 -- 5,864 One-time charge to terminate advisory service fees, net of tax -- -- -- -- 7,667 Non-GAAP net income $14,183 $13,970 $10,441 $42,706 $28,237 Shares used in computing diluted net income per ordinary share 63,894 63,790 63,444 63,725 57,927 About SMART

    SMART is a leading independent designer, manufacturer and supplier of electronic subsystems to original equipment manufacturers, or OEMs. SMART offers more than 500 standard and custom products to OEMs engaged in the computer, industrial, networking, gaming, telecommunications, and embedded application markets. Taking innovations from the design stage through manufacturing and delivery, SMART has developed a comprehensive memory product line that includes DRAM, SRAM, and Flash memory in various form factors. Its Embedded Products Division develops embedded computing subsystems, backed by design and manufacturing, for markets supporting test equipment, 3G infrastructure and network processing applications. SMART's Display Products Group designs, manufactures and sells thin film transistors (TFT) liquid crystal display (LCD) solutions to customers developing casino gaming systems as well as embedded applications such as kiosk, ATM, point-of-service, and industrial control systems. SMART's presence in the US, Europe, Asia, and Latin America enables it to provide its customers with proven expertise in international logistics, asset management, and supply-chain management worldwide. See http://www.smartm.com/ for more information.

    SMART MODULAR TECHNOLOGIES (WWH), INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Three Nine Nine Months Months Months Months Ended Ended Ended Ended May 31, May 31, May 31, May 31, 2007 2006 2007 2006 (In thousands, except per share data) Net sales $186,478 $188,459 $662,785 $510,453 Cost of sales* 149,545 155,711 546,778 417,359 Gross profit 36,933 32,748 116,007 93,094 Research and development* 4,107 4,173 12,597 11,553 Selling, general and administrative* 14,207 14,194 45,217 39,958 Advisory service agreements' fees -- -- -- 10,303 Total operating expenses 18,314 18,367 57,814 61,814 Income from operations 18,619 14,381 58,193 31,280 Interest expense, net (1,775) (7,577) (6,198) (13,450) Other income, net 696 1,999 360 2,376 Total other expense, net (1,079) (5,578) (5,838) (11,074) Income before provision for income taxes 17,540 8,803 52,355 20,206 Provision for income taxes 3,357 2,347 9,649 3,621 Net income $14,183 $6,456 $42,706 $16,585 Net income per ordinary share, basic $0.24 $0.11 $0.72 $0.31 Shares used in computing basic net income per ordinary share 60,015 58,335 59,359 52,991 Net income per ordinary share, diluted $0.22 $0.10 $0.67 $0.29 Shares used in computing diluted net income per ordinary share 63,894 63,444 63,725 57,927 * Stock-based compensation by category: Cost of sales $142 $51 $388 $122 Research and development 322 160 865 383 Selling, general and administrative 760 291 2,137 881 SMART MODULAR TECHNOLOGIES (WWH), INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) May 31, August 31, 2007 2006 (In thousands) ASSETS Cash and cash equivalents $114,043 $85,620 Accounts receivable, net of allowances of $2,253 and $2,592 as of May 31, 2007 and August 31, 2006, respectively 269,128 208,652 Inventories 70,440 65,902 Prepaid expenses and other current assets 10,339 17,531 Total current assets 463,950 377,705 Property and equipment, net 28,927 25,971 Goodwill 3,187 3,187 Other non-current assets 18,105 19,593 Total assets $514,169 $426,456 LIABILITIES AND SHAREHOLDERS' EQUITY Accounts payable $207,758 $169,349 Accrued expenses and other current liabilities 25,368 27,325 Total current liabilities 233,126 196,674 Long-term debt 81,250 81,250 Other long-term liabilities 1,626 1,637 Total liabilities 316,002 279,561 Shareholders' equity: Ordinary shares 10 10 Additional paid-in capital 90,696 85,251 Deferred stock-based compensation (385) (555) Accumulated other comprehensive income 3,223 272 Retained earnings 104,623 61,917 Total shareholders' equity 198,167 146,895 Total liabilities and shareholders' equity $514,169 $426,456

    SMART Modular Technologies

    CONTACT: Jack A. Pacheco, Senior Vice President & Chief Financial
    Officer of SMART Modular Technologies, +1-510-624-8134; or Suzanne Craig of
    The Blueshirt Group, +1-415-217-4962, suzanne@blueshirtgroup.com, for SMART
    Modular Technologies

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




    CSC Signs $200 Million in Previously Unannounced Contracts With Leading Organizations in Europe

    EL SEGUNDO, Calif., June 27 /PRNewswire-FirstCall/ -- Computer Sciences Corporation announced today that its European operations have signed two previously unannounced contracts during CSC's fiscal 2008 first quarter, which ends June 29. These contracts, combined with a previously announced award with no assigned value, have a total estimated value of approximately $200 million if all contract options are exercised. The contract performance periods range from 2.5 to seven years.

    "These agreements signify the confidence our clients have in CSC's ability to apply our vast experience and expertise across a variety of industries and geographies in Europe to deliver business results for a diverse cross section of companies," said Guy Hains, President of CSC's European Group.

    About CSC

    Computer Sciences Corporation is a leading global information technology (IT) services company. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.

    With approximately 79,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.9 billion for the 12 months ended March 30, 2007. For more information, visit the company's Web site at http://www.csc.com/.

    Computer Sciences Corporation

    CONTACT: Joanne Davis, Manager, Media Relations of CSC in the United
    Kingdom, + 44 (0) 1252.536.737, jdavis62@csc.com, or Mike Dickerson, Director,
    Media Relations Corporate, +1-310-615-1647, mdickers@csc.com, or Bill Lackey,
    Director, Investor Relations Corporate, +1-310-615-1700, blackey3@csc.com,
    both of CSC

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




    Verizon Wireless Completes High Speed Wireless Expansion Across Hampden and Hampshire CountiesMore Residents and Visitors to Leverage High-Speed Wireless Internet and E-mail Services on Laptops, Download Video Clips and Music to Phones

    WOBURN, Mass., June 27 /PRNewswire/ -- Verizon Wireless, the leading wireless company with the most reliable voice and data network, today announced the further expansion of wide-area wireless broadband services to Hampden and Hampshire Counties through its V CAST and BroadbandAccess offerings.

    The high-speed wireless expansion, based on the company's Evolution Data Optimized (EV-DO) Revision A network technology, creates new coverage in Hampden County in the communities of Blandford, Palmer, Westfield, Russell, Southwick, and Tolland. It also increases coverage across the Hampshire County towns of Belchertown, Pelham, Southampton and Ware.

    "This expansion is part of our continuing focus on investing in our network reliability and innovative high-speed data services across the country," said Ken Dixon, New England Region president for Verizon Wireless. "More customers can now take their desktop experience wherever they go in the coverage area, through wireless access to their Outlook(R) calendars, the Internet, e-mail and other critical information at increased speeds."

    The company's high-speed network also powers its V CAST multimedia service, bringing music on demand, video clips, and current news, weather, sports and entertainment programming to wireless phones. V CAST Music offers consumers access to a catalog of more than 1.9 million songs and the ability to download full tracks over-the-air to Verizon Wireless phones. V CAST also allows customers to download and play cutting-edge 3D games for an additional charge.

    Already available to more than 200 million Americans in 242 major metropolitan areas and 180 major airports from coast to coast, BroadbandAccess offers computer users the nation's most reliable high-speed wireless mobile broadband network, operating at average upload speeds between 500 and 800 kbps, and download speeds between 600 kbps and 1.4 mbps. The service features the ability to connect to the Internet using a PC card or USB modem and enables a download of a 1-megabyte e-mail attachment (the equivalent of a small PowerPoint presentation or a large PDF file) in about 20 seconds.

    As an example of the benefits that Verizon Wireless' BroadbandAccess provides to mobile and business professionals, construction supervisors can capture important details about building projects and wirelessly transmit the information to the contractor; food and beverage company representatives can re-order stock wirelessly while at the point of sale; and physicians can write prescriptions, enter orders and manage other tasks via PDAs or laptops.

    For a limited time, Verizon Wireless customers can receive BroadbandAccess service for Internet browsing, email and Intranet access for $59.99 per month. A new two-year customer agreement is required. The company's BroadbandAccess service is also available as an integrated option on select notebook computers.

    Verizon Wireless was the first national wireless provider to commercially launch a high-speed wireless broadband network in the United States. Verizon Wireless has invested $35 billion in the last seven years -- $5 billion on average every year since the company was formed -- to increase the coverage and capacity of its national network and to add new services.

    To learn more about the benefits of V CAST or BroadbandAccess, please visit http://www.verizonwireless.com/ or any Verizon Wireless retail location.

    About Verizon Wireless

    Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 60.7 million customers. The largest US wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, NJ, with 66,000 employees nationwide. The company is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). Find more information on the Web at http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia .

    Verizon Wireless

    CONTACT: Michael Murphy, +1-781-932-1213, or Marcia Simon,
    +1-860-399-0191, both for Verizon Wireless

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




    CACI Issues Guidance for Its Fiscal Year 2008FY 2008 revenue projected at $2.05 billion to $2.15 billion, up eight to 13 percentFY 2008 diluted EPS projected to be $2.50 to $2.80, up one to 13 percentFY 2008 operating cash flow in excess of $150 million

    ARLINGTON, Va., June 27 /PRNewswire-FirstCall/ -- CACI International Inc , a leading information technology and network solutions provider to the federal government, issued its guidance for its fiscal year 2008 (FY08) beginning July 1, 2007.

    Guidance for Fiscal Year 2008

    For all of FY08, we expect revenue to range from $2.05 billion to $2.15 billion, an increase of approximately 8 to 13 percent above the midpoint of fiscal year 2007 (FY07) revenue guidance. We expect that diluted earnings per share (EPS) will be between $2.50 and $2.80, an increase of approximately one to 13 percent above the midpoint of FY07 diluted EPS guidance. FY08 forecasted revenue includes approximately $125 million from our recent acquisitions of IQM, Inc. and Wexford International Group, the latter of which is scheduled to close in the near term. Forecasted revenue and diluted EPS does not include any amounts from future acquisitions. We also project that cash flows from operations will be in excess of $150 million.

    The table below summarizes the guidance ranges for FY08: (In millions except for earnings per share) Fiscal Year 2008 Revenue $2,050 - $2,150 Net income $76.5 - $85.7 Diluted earnings per share $2.50 - $2.80 Diluted weighted average shares 30.6 Following are the areas of continuing management focus for FY08: -- Sustaining our client base and maintaining a high recompete success rate. -- Pursuing opportunities in which CACI solutions provide a significant client advantage, including strategically important opportunities that we believe will lead to other work for CACI. -- Targeting qualified, viable, and strategic acquisitions with strong competencies that complement CACI solutions and have high margins and strong growth. -- Establishing CACI as the employer of choice for talented and qualified individuals, especially those with the highest security clearances, to deliver our solutions and fulfill our clients' urgent requirements.

    The following factors will result in continued margin pressure during FY08, particularly in the first half of the fiscal year:

    -- The loss of two high-margin, recompeted contracts in the first half of FY07. -- The prioritization of funding to combat zone warfighters, which has slowed spending on new programs and increased the importance of winning recompeted contracts and increasing market share.

    This guidance represents our views as of June 27, 2007. Investors are reminded that actual results may differ from these estimates for the reasons described below and in our filings with the Securities and Exchange Commission.

    Commentary

    Commenting on the FY08 guidance, Dr. J.P. (Jack) London, CACI's Chairman, President and Chief Executive Officer, said, "I have the greatest confidence in our top management team, led by Paul Cofoni, our new President and CEO, and its ability to achieve CACI's growth objectives, help the government solve its most challenging problems, and increase long-term shareholder value. The record level of awards and contract funding orders we received during our FY07 has helped to establish a near-record funded backlog and total backlog for CACI as we start FY08. We believe this will result in positive organic growth for us during FY08.

    "In addition, our corporate development and mergers and acquisition (M&A) program continues to be an important factor in augmenting our capabilities and accelerating our overall growth rate. We continue to identify excellent acquisition candidates in the defense, intelligence, and homeland security areas with high growth potential. We have just completed our 35th successful acquisition and are poised to close on another premier acquisition soon. Both companies operate in key strategic areas with priority government funding. Our corporate development and M&A program has clearly demonstrated its value to CACI.

    "In short, our core business is well positioned in a solid, long-term growth market. The combination of record-breaking funding and contract awards and the contribution of two outstanding acquisitions sets a solid basis for our FY08."

    London continued: "CACI supports our government's highest priorities. We serve government clients who are waging a 'long war' on global terrorism in which the freedom of millions is at stake. It is a struggle as critical and challenging as the Cold War and every battle that free nations undertake to preserve democracy. Our clients are carrying out missions of tremendous importance, and we salute and are proud to serve them as they engage our adversaries in defeating terrorism around the world while protecting our borders at home."

    Conference Call Information

    We have scheduled a conference call for 8:30 AM ET Thursday, June 28th. Interested parties can listen to the conference call and view accompanying exhibits over the Internet by logging on to CACI's Internet site at http://www.shareholder.com/caci/medialist.cfm at the scheduled time. Or they may dial in to 888-802-2269, confirmation code 6178479. A replay of the call will also be available over the Internet beginning approximately 1:00 PM ET, and can be accessed through CACI's homepage (http://www.caci.com/) by clicking on the CACI Investor Info button.

    About CACI

    CACI International Inc provides the IT and network solutions needed to prevail in today's new era of national security, intelligence, and e- government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Our solutions lead the transformation of national security and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 1000 index. CACI provides dynamic careers for approximately 10,200 employees working in over 120 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at http://www.caci.com/.

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

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

    CACI International Inc

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

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




    ITEX Relocates Server Facilities to Boise, IdahoMove Provides Safer, More Efficient Operating Environment

    BELLEVUE, Wash., June 27 /PRNewswire-FirstCall/ -- ITEX Corporation (BULLETIN BOARD: ITEX) , The Membership Trading Community(SM), a leading marketplace for cashless business transactions in North America, announced the successful transfer of ITEX information server operations to a new co-location facility in Boise, Idaho, a switch CEO Steven White says affords ITEX better security, storage capacity and protection from natural disasters.

    "Our IT department worked non-stop June 23 and 24 to insure our systems were moved to Boise from our hosted facility in Fremont, California," said ITEX CEO Steven White. "Our servers were moved from their former location on Saturday morning and returned to full service with new upgrades late Sunday afternoon. The task was accomplished with minimal inconvenience to our community of 22,000 business members."

    Supported by new Dell PowerEdge Servers and Cisco routers and firewalls, the upgraded systems provide service up to eight times faster than our previous high-speed systems. The new servers and software provide more security for the ITEX community, add data storage capacity for increased product and service offerings, and are expected to be more reliable than the former systems.

    "ITEX invests in co-location services for the satisfaction and confidence of our members, in anticipation of growth and for scaling potential. We moved our systems to Boise because of the extremely low risk of natural disasters. Our new co-location facility is a top-notch provider with ample bandwidth and backup power. We believe ongoing enhancements to our systems are vital to our ongoing growth initiatives," stated White.

    About ITEX

    ITEX, The Membership Trading Community(SM), is a thriving community of 22,000 member businesses buying and selling more than $250 million a year in ITEX dollar transactions. Member businesses increase sales through an exclusive distribution channel managed by more than 95 franchisees and licensees, by utilizing ITEX dollars to exchange goods and services. ITEX is powered by ITEX Payment Systems, the leading payment technology platform for processing cashless business transactions. ITEX is headquartered in Bellevue, Washington.

    This press release contains forward-looking statements that involve risks and uncertainties concerning our expected performance (as described without limitation in the quotations from current management in this release) and comments within the safe harbor provisions established under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of our future performance. We believe that these potential risks and uncertainties include, without limitation: the continuing development of successful marketing strategies for our concepts; our ability to increase revenues and sustain profitability; the availability of adequate working capital; our dependence both on key personnel and our broker network; and the effect of changes in the overall economy and in technology. Statements in this release should be evaluated in light of these factors. These risk factors and other important factors that could affect our business and financial results are discussed in our periodic reports and filings with the Securities and Exchange Commission, including our Forms 10-KSB and Forms 10-QSB, which are available at http://www.sec.gov/, including under the caption, "Management's Discussion and Analysis of Financial Condition and Results of Operations." All information set forth in this release is as of June 27, 2007, and ITEX undertakes no duty to update this information.

    For more information, please visit http://www.itex.com/.

    ITEX Corporation

    CONTACT: Alan Zimmelman of ITEX Corporation, +1-425-463-4017,
    alan@itex.com

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




    Brocade Completes Reverse/Forward Stock SplitCompany Stock Ticker on NASDAQ Currently Trading Under BRCDD

    SAN JOSE, Calif., June 27 /PRNewswire-FirstCall/ -- Brocade(R) , the leader in networked storage solutions that help enterprises connect and manage their information, today announced the completion of a Reverse/Forward stock split, designed to reduce the number of stockholders with less than 100 shares in the Company's stock by exchanging their shares for cash. As a result of the corporate action, Brocade's stock ticker symbol (BRCD) will have a fifth character, "D" (BRCDD) for approximately 20 trading days following the corporate action. The Company expects the stock ticker symbol will return to BRCD on July 26, 2007.

    As previously disclosed in the Company's quarterly report on Form 10-Q for the quarter ended April 28, 2007, at the Annual Meeting of Stockholders held on April 19, 2007, the Company's stockholders approved a proposal to amend the Company's Amended and Restated Certificate of Incorporation to effect a 1-for-100 reverse stock split (the "Reverse Split") immediately followed by a 100-for-1 forward stock split of the Company's Common Stock (together with the Reverse Split, the "Reverse/Forward Split").

    Effective June 26, 2007, the Company implemented the Reverse/Forward Split by filing amendments to its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware.

    For stockholders that held less than 100 shares of Common Stock prior to the Reverse Split, shares of Common Stock that would have been converted into less than one share in the Reverse Split were instead converted into the right to receive a cash payment equal to $8.44 per share, an amount equal to the average of the closing prices per share of Common Stock on the Nasdaq Global Select Market for the period of ten consecutive trading days ending on (and including) the effective date.

    For stockholders that held 100 or more shares of Common Stock in their account prior to the Reverse Split, any fractional share in such account resulting from the Reverse Split were not cashed out and the total number of shares held by such holder did not change as a result of the Reverse/Forward Split.

    About Brocade

    Brocade is the leading provider of networked storage solutions that help organizations connect, share, and manage their information. Organizations that use Brocade products and services are better able to optimize their IT infrastructures and ensure compliant data management. For more information, visit the Brocade Web site at http://www.brocade.com/ or contact the company at info@brocade.com.

    Brocade, the Brocade B-wing logo ,Fabric OS, File Lifecycle Manager, MyView, Secure Fabric OS, SilkWorm, and StorageX are registered trademarks and the Brocade B-weave symbol and Tapestry are trademarks of Brocade Communications Systems, Inc., in the United States and/or in other countries. FICON is a registered trademark of IBM Corporation in the U.S. and other countries. All other brands, products, or service names are or may be trademarks or service marks of, and are used to identify, products or services of their respective owners.

    Brocade

    CONTACT: media, Leslie Davis, +1-408-333-5260, lmdavis@brocade.com, or
    investors, Darby Dye, +1-408-333-5752, ddye@brocade.com, both of Brocade; or
    Ian Yellin of Ogilvy PR, +1-415-677-2714, ian.yellin@ogilvypr.com, for
    Brocade

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




    Spreadtrum Communications, Inc. Prices Initial Public Offering

    SHANGHAI, China, June 27 /Xinhua-PRNewswire/ -- Spreadtrum Communications, Inc. today announced the pricing of its initial public offering of 8,992,700 American Depositary Shares, or ADSs, at a price to the public of $14.00 per ADS. Spreadtrum is offering 8,000,000 ADSs and certain existing shareholders are offering 992,700 ADSs. Each ADS represents three ordinary shares. Spreadtrum's ADSs will trade on the Nasdaq Global Market under the symbol "SPRD" and will begin trading Wednesday, June 27, 2007. Total net proceeds to Spreadtrum will be approximately $100.3 million, after deducting underwriting discounts and commissions and estimated offering expenses.

    The selling shareholders have granted a 30-day option to the underwriters to purchase up to an additional 1,330,900 ADSs to cover over-allotments, if any.

    Morgan Stanley & Co. International plc and Lehman Brothers Inc. acted as joint book-running managers for the offering, with Needham & Company, LLC and Piper Jaffray & Co. serving as co-managers.

    A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy these securities of Spreadtrum, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A copy of the prospectus relating to this offering may be obtained by contacting Morgan Stanley & Co. Incorporated, 180 Varick Street, New York, New York 10014; Attention: Prospectus Department or by email at prospectus@morganstanley.com., or by contacting Lehman Brothers Inc., c/o Broadridge, 1155 Long Island Avenue, Edgewood, NY 11717, by e-mail at Qiana.Smith@Broadridge.com or by fax at 1-631-254-7140.

    About Spreadtrum

    Spreadtrum is a fabless semiconductor company that designs, develops and markets baseband processor solutions for the wireless communications market. Spreadtrum combines its semiconductor expertise with its software development capabilities to deliver highly-integrated baseband processors with multimedia functionality and power management.

    Investor Contact: Charlie Glavin Tel: 86-21-5080-2727 IR@spreadtrum.com Media Contact: Kathy Zhou Kathy.Zhou@spreadtrum.com

    Spreadtrum Communications, Inc.

    CONTACT: Investor Contact, Charlie Glavin, +86-21-5080-2727,
    IR@spreadtrum.com or Kathy Zhou, Kathy.Zhou@spreadtrum.com, both of Spreadtrum
    Communications, Inc.




    Connected Media & endi.com Sign Content License Agreement

    MIAMI, June 27 /PRNewswire-FirstCall/ -- Connected Media Technologies, Inc. (BULLETIN BOARD: CNCM.OB) , and it's NewsProNet subsidiary, one of the nations leading content providers to major broadcasters, digital and mobile platforms, today announced that it has entered into a content license agreement with El Nuevo Dia Interactive/endi.com, the leading newspaper in Puerto Rico. Effective June 15th '07, the Puerto Rico and US Hispanic market internet users on endi.com will have access to high quality video content, from in-depth investigations to lifestyle trends, health alerts, consumer news, as well as the top stories in technology, automotive, entertainment and much more.

    Mr. Jorge Escasena, VP of Sales stated, "NewsProNet creates targeted, actionable stories that attract and retain key audiences and keep them coming back for more. No project is beyond our experience or capabilities." NewsProNet not only delivers the highest quality production values but unique distribution relationships that include local broadcasters reaching 70% of the US households and online destinations.

    Mr. Izzy Gonzalez, President of Connected Media added, "We are extremely exited about our new relationship with El Nuevo Dia and endi.com; as the leading "Content on Demand" provider to broadcast, internet and mobile platforms and a library of over 5000 stories we continue to deliver fresh, new and award winning content with a national network of proven production talent and Emmy award winning producers to some of today's largest global media companies.

    About endi.com and El Nuevo Dia

    Launched in 1997, endi.com became the first interactive version for a newspaper offered to internet users in Puerto Rico. 7 out of 10 internet users go to endi.com for local news. More importantly, it is the first and only Spanish language internet portal to launch enditv.com - Internet Protocol Television - where internet users can find videos on special segments such as Health, Technology, Fashion, and Entertainment.

    El Nuevo Dia is the newspaper with the largest circulation in Puerto Rico, with a daily circulation of 205,000 copies and 240,000 on Sundays, with 1.2 million readers. It is the main source of advertising for the Puerto Rican consumer as confirmed by the readership studies conducted by the prestigious research company Clark, Martire & Bartolomeo.

    About Connected Media Technologies, Inc.

    Connected Media Technologies, Inc. is a sales and marketing focused digital media solutions company that offers a broad spectrum of services and solutions across current and emerging media platforms, including print, television, radio, Internet, CD, DVD and portable devices such as mobile phones and PDAs. The Company holds exclusive licenses to US Patent #6,101,534, "Interactive, Remote, Computer Interface System", and US Patent #6,952,697, "A Media Validation System" and to a number of additional patent applications pending with the USPTO. NMI, a Puerto Rico-based full-service marketing communications agency, is a wholly owned subsidiary of Connected Media. Founded in 1997, NMI provides complete marketing and communications initiatives to blue-chip corporate clients such as Royal Caribbean, Lucent Technologies, Avaya, RJR/Nabisco and Argent. Additional information about Connected Media is available on the Company's web site at http://www.connectedmedia.com/.

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including the company's ability to prosecute and defend its patents, attract new licensees, maintain the company's relationships with strategic partners and acquire new strategic partners, the company's ability to raise additional capital and other factors mentioned in various Securities and Exchange Commission filings made periodically by the company, may cause the company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward- looking statements made herein to reflect changes in the company's expectations or future events. The Connected Media Technologies, Inc. logo is a trademark of Connected Media Technologies, Inc.

    Connected Media Technologies, Inc.

    CONTACT: Isidro Gonzalez, President and CEO of Connected Media
    Technologies, Inc., +1-786-425-0028, fax, +1-786-425-0067,
    jsass@connectedmedia.com

    Web site: http://www.connectedmedia.com/
    http://endi.com/




    Get Wallace & Gromit, Mr. Bean's Holiday and More on V CAST From Verizon WirelessPlayer X Brings Zapper TV Content to Verizon Wireless Customers

    BASKING RIDGE, N.J. and LONDON, June 27 /PRNewswire/ -- Verizon Wireless, the leading wireless carrier in the U.S., and mobile media company Player X, have launched Zapper TV -- Player X's family entertainment channel -- on Verizon Wireless' V CAST video on demand service.

    Zapper TV mixes both animation and live action with programs such as Brit TV and four-time Academy Award(R) winner Wallace & Gromit with made-for-mobile and character-led programming from global brands such as Miami Vice, currently the #1 TV series DVD in the U.S. Programming from global box office sensation ($180 million) Mr. Bean and shows Knight Rider and Magnum, P.I. will be available in the coming months. Verizon Wireless customers can find Zapper TV in the TV & Film section on select V CAST Video-enabled phones.

    "Zapper TV has been especially created for the North American market," said Tony Pearce, Player X chief executive officer. "We're delighted Verizon Wireless has selected Zapper TV and firmly believe content dedicated to the mobile media is what the consumer is looking for in mobile video."

    To get V CAST, customers with select V CAST-enabled phones can check out V CAST whenever they want for just $3.00 for 24-hour use or by signing up for the $15.00 V CAST VPak monthly subscription. Customers get unlimited basic video -- including Zapper TV -- but application download fees apply for 3D games and premium video. There are no airtime charges to download, stream or watch V CAST content.

    Zapper TV is the second mobile video channel to be launched by Player X and follows the critical and commercial success of the company's original made-for-mobile channel, geekTV(TM).

    For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.

    About Verizon Wireless

    Verizon Wireless operates the nation's most reliable wireless voice and data network, serving more than 60.7 million customers. The largest US wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, N.J., with 66,000 employees nationwide. The company is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). Find more information on the Web at http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

    About Player X

    Player X is a mobile media company that specialises in games, video and TV. It develops, publishes and distributes mobile entertainment content through global operators, portals and handset manufacturers. Player X has deals with more than 140 global operators and a potential audience of more than 2.5 billion people. The company operates in all five continents across the world and has offices in all the key territories in Europe, Asia and the Americas.

    Verizon Wireless

    CONTACT: Jeffrey Nelson of Verizon Wireless, +1-908-559-7519,
    Jeffrey.Nelson@verizonwireless.com; or Monty Munford of Player X,
    +44 (0) 7970 673695, monty.munford@playerx.com

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




    Fujifilm Reduces its Greenhouse Gas Emissions with Methane Reclamation ProgramMethane Gas From Landfill to Power Fujifilm Manufacturing Complex

    VALHALLA, N.Y., June 27 /PRNewswire/ -- FUJIFILM today announced that its primary US manufacturing complex, located in Greenwood, S.C., will begin using methane gas from a local community landfill to power approximately 40 percent of the facility's operations.

    Through an arrangement with Greenwood County and Methane Credit, LLC, methane gas will be extracted from the landfill and piped into the Fujifilm complex, where it will then be used in two of the facility's four boilers. The facility will use approximately 197 billion BTUs of methane-generated energy from the landfill per year - the equivalent of the amount of energy used to heat more than 5,000 homes each year.

    "This is a situation where we have come up with a solution that is both good for our business, good for the community, and very good for the environment -- and that is something that's always been inherent in Fujifilm's culture globally," said Johnny Udo, director of Environmental, Health & Safety for Fujifilm in South Carolina. "This landfill gas-to-energy project will help us reduce our greenhouse gas emissions by 10%, will significantly reduce our energy costs, and will reduce our dependence on fossil fuels."

    By using the methane as energy Fujifilm is preventing methane emissions, which are more than twenty times more damaging to the ozone than carbon dioxide, from being released into the atmosphere from the landfill. The amount of carbon dioxide-equivalent emissions avoided by this Fujifilm effort would be similar to that generated by 208,000 barrels of oil each year, or the equivalent of the emissions from more than 17,000 vehicles each year.

    "We are extremely happy this project worked out," said Robbie Templeton, Chairman of the Greenwood County Council. The County was facing a deadline imposed by the Environmental Protection Agency to reduce or eliminate methane emissions from the Landfill. In the absence of a partner like Fujifilm, the County's other option was to flare, or burn-off, the gas at the landfill. "Once again FUJIFILM proves itself to be one of our best corporate citizens," Templeton continued.

    Globally, Fujifilm is implementing a range of measures with the objective of contributing to sustainable development by designing products that take the environment into account, reducing packaging materials, and reducing greenhouse gas emissions. In addition to this project Fujifilm has committed itself to eco-sustainability measures, such as habitat and species preservation for the Giant Panda through its longstanding collaboration with the Smithsonian National Zoo, and the active pursuit of new energy fuels that will prevent global warming. By 2010, Fujifilm intends to reduce global energy consumption at its large manufacturing facilities by 10% from its 1999 numbers, and reduce carbon dioxide emissions by 20% from its 1990 numbers.

    About FUJIFILM Manufacturing U.S.A., Inc.

    FUJIFILM Manufacturing U.S.A., Inc., began manufacturing operations in South Carolina in 1988. The Greenwood manufacturing complex is currently comprised of five high technology manufacturing plants, the Greenwood Research Laboratories, and the largest Fujifilm distribution center in the world. The 1,100 Associates employed at the 500-acre complex currently manufacture digital and conventional pre-sensitized plates, QuickSnap one-time-use recyclable cameras, color photographic paper, medical imaging products, and projection screens.

    About Fujifilm

    Fujifilm brings continuous innovation and leading-edge products to a broad spectrum of industries including medical, life sciences, consumer electronic, chemical, graphic arts, information systems, photography and office products based on its vast portfolio of digital, optical, fine chemical and thin film coating technologies. The company provides products and services that contribute to the advancement of culture, science, technology and industry, as well as to improved health and environmental protection. It is the global leader in digital minilabs; Computed Radiography systems; ink dyes, pigments and UV inks for inkjet printers and materials used in the production of flat panel displays. It was ranked number 15 for U.S. patents granted in 2006, employs more than 75,000 people worldwide and in the year ended March 31, 2007, had global revenues of $23.6 billion. Fujifilm ADRs (American Depository Receipts) are traded in the U.S. on the Nasdaq exchange . For more information, please visit http://www.fujifilm.com/.

    All product and company names herein may be trademarks of their registered owners.

    Fujifilm

    CONTACT: Adam Yates of FUJIFILM, +1-914-789-8220, ayates@fujifilm.com;
    or Allison Clark of Text 100 Public Relations, +1-212-871-4075,
    allisonc@text100.com, for Fujifilm

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




    Hours of Operation Have Been Extended for Representatives to Help Wisconsin Consumers and Businesses File Microsoft Settlement Claims -- Claims Are Due This Saturday, June 30th

    MILWAUKEE, June 27 /PRNewswire/ -- The toll-free call center hours of operation have been extended Friday night, June 29, 2007, until 10 p.m. and Saturday night, June 30, 2007, until midnight. Settlement representatives are available to assist Wisconsin consumers and businesses in filing settlement claims. This Saturday, June 30th, is the last day for Wisconsin consumers and businesses to submit a claim online, however, mailed claims will be accepted later as long as they are postmarked by July 2, 2007.

    Wisconsin consumers and businesses may claim up to $233,896,000 in benefits from a class action settlement with Microsoft . The settlement includes Wisconsin consumers, businesses, and governmental entities that acquired Microsoft software from December 7, 1993 through April 30, 2003, for use in Wisconsin.

    The class-action lawsuit alleged that Microsoft violated Wisconsin's antitrust and unfair competition laws. Under the settlement, which was approved April 6, Microsoft denies that it did anything wrong and the settlement is not an admission of wrongdoing or an indication that any law was violated. The Court did not rule on the merits of the lawsuit. Microsoft will distribute up to $223,896,000 in vouchers that eligible class members can redeem regarding their purchases of computers, peripheral computer hardware, and computer software made by any manufacturer. The vouchers are worth $23 each for Microsoft's "Office" productivity suite software and Microsoft's "Excel" spreadsheet software; $15 each for Microsoft's "Windows" and "MS-DOS" operating system software; and $10 each for Microsoft's "Word" word processing software (including "Home Essentials" and "Works Suite").

    To qualify for vouchers, those included must fill out and submit a claim form available at http://www.microsoftwisuit.com/ or by calling the Court's Settlement Administrator at 1-800-598-3050. Claims for five or fewer licenses and up to $100, may be submitted with no need to provide any additional documents or proof about software purchases.

    A significant portion of the settlement proceeds will benefit needy Wisconsin schools. If the total value of vouchers issued to Class members is less than $223,896,000, one-half of the remaining amount will be distributed as vouchers for hardware, software and technology services to certain Wisconsin public, tribal, and BIA schools that serve students from low-income households. If vouchers are claimed, but unused, 100% goes to the needy schools. Ben Barnow, one of the attorneys for the Class, stated that "this is a superior settlement that benefits the Class both directly with the vouchers and indirectly with the aid to needy schools. We look forward to its benefits being realized by the Wisconsin Class and the needy schools."

    These vouchers can be used up to four years after they are distributed. With certain limitations, the vouchers can be transferred, sold, or given away as a personal gift or charitable donation.

    For larger claims or for software that was not acquired through a volume license program (e.g., "Open," "Select," or "Enterprise" licenses), claimants will need to provide additional information about software purchases. Those who acquired software through a volume license program will need to complete a Volume License Claim Form. The claim forms contain detailed instructions about filling them out.

    The Court-approved website is http://www.microsoftwisuit.com/ and the toll-free phone number is 1-866-494-8399.

    Circuit Court of Wisconsin, Milwaukee County

    CONTACT: Ben Barnow of Barnow and Associates, P.C., +1-312-621-2000

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




    MTC Technologies, Inc. Sets Date and Time for Announcement of Second Quarter 2007 Financial Results and Conference Call

    DAYTON, Ohio, June 27 /PRNewswire-FirstCall/ -- MTC Technologies, Inc. , an industry-recognized provider of aircraft modernization and sustainment, professional services, C4ISR, and logistics solutions to the Department of Defense and national security agencies, will release financial results for the second quarter 2007 on Tuesday, July 31, 2007 pre-market. Following the release of information, the company has scheduled a conference call for 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time).

    Hosted by MTC senior management, the conference call will be webcast simultaneously through a link on the Investor Relations section of the company's website, located at http://www.mtctechnologies.com/. To listen to the live call, please go to the website at least 15 minutes early to register, download and install any necessary audio software. A replay of the webcast will remain available at the site for 15 days.

    MTC delivers Warfighter solutions involving systems engineering, information technology, intelligence, and program management services primarily to the Department of Defense. Cited by Forbes as 16th of the "25 Fastest Growing Technology Companies - 2006," by Washington Technologies as 55th in revenue growth among the "Top 100" of IT Federal Prime Contractors, and ranked 2nd by Aviation Week & Space Technology among the "Top Performing Small Companies," MTC employs approximately 3,000 people in more than 40 locations. The company was founded in 1984 and is headquartered in Dayton, Ohio.

    For further information on MTC, visit the website at http://www.mtctechnologies.com/.

    MTC Technologies, Inc.

    CONTACT: Dan Bigelow, Director, Investor Relations & Corporate
    Communications, +1-937-252-9199 or daniel.bigelow@mtctechnologies.com; or
    Michael Gearhardt, Chief Financial Officer, +1-937-252-9199,
    michael.gearhardt@mtctechnologies.com, both of MTC Technologies, Inc.

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




    Temple University Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Calling, Data Access, and Music

    PHILADELPHIA, June 27 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Philadelphia, Verizon Wireless, the leading wireless company with the most reliable voice and data network, has expanded its network with a new cell site on Temple University's campus. The new site increases coverage and capacity along N. Broad Street to W. Huntingdon and Master Streets, as well as Cecil B. Moore Avenue and North 8th Street.

    This network expansion is part of the company's aggressive multi-billion dollar network investment each year (more than $1 billion every 90 days), including more than $900 million throughout the Philadelphia Tri-State Region since 2001, to stay ahead of the growing demand for Verizon Wireless voice and data services. Verizon Wireless has invested more than $35 billion over the last seven years - $5 billion on average every year since the company was formed - into its national wireless network as part of its commitment to offer customers the most reliable service available, including wireless data services such as picture messaging, text messaging, and the company's exclusive V CAST service. V CAST brings video clips of TV shows, music on demand and other multimedia services to wireless phones over Verizon Wireless' high-speed EV-DO network. BroadbandAccess offers customers the nation's most reliable high-speed wireless broadband network, operating at average speeds between 400 kbps - 700 kbps. BroadbandAccess customers in enhanced wireless broadband coverage areas such as southeastern Pennsylvania, southern New Jersey and Delaware can expect average download speeds of 600 kilobits per second (kbps) to 1.4 megabits and average upload speeds of 500-800 kbps (a 1 Megabyte e-mail attachment - the equivalent of a small PowerPoint(R) presentation or a large PDF file - can be downloaded in about eight seconds and the same-sized file can be uploaded in less than 13 seconds).

    Strong demand for Verizon Wireless services continued during the first quarter of 2007 as the company reported 1.7 million new customer additions. The company has added 9 million new customers in the past 15 months. Verizon Wireless also sustained its best-in-industry customer loyalty - posting a customer turnover rate of 1.1% in the first quarter, well below the rate reported by the other major wireless carriers.

    Verizon Wireless tests its network and those of its competitors to ensure the Verizon Wireless network remains the nation's most reliable. Nationally, Verizon Wireless' real-life test men and women drive 98 specially equipped vehicles almost 1,000,000 miles annually on Interstate, U.S. and state highways as well as major roads and surface streets in high-population areas, based upon U.S. Census counts, to determine if voice calls and data connections are successful on the first attempt and stay connected. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.

    About Verizon Wireless

    Verizon Wireless operates the nation's most reliable wireless voice and data network, serving more than 60.7 million customers. The largest US wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, NJ, with 66,000 employees nationwide. The company is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). Find more information on the Web at http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

    Verizon Wireless

    CONTACT: Carly Irwin, +1-215-790-4342, or Sheldon Jones,
    +1-215-638-5668, both of Verizon Wireless

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




    A Degree in Internet TV - Ravensbourne College Adds Narrowstep's IPTV Platform to Curriculum

    LONDON, June 27 /PRNewswire/ --

    Ravensbourne College of Design and Communication has selected Narrowstep(TM) Inc. (OTC Bulletin Board: NRWS), the TV on the Internet Company, to provide the Internet TV component of its curriculum. The college will integrate training on telvOS(TM) (Narrowstep's Television Operating System) as a key component of several undergraduate and postgraduate degree courses.

    Meanwhile, two new Internet TV channels will be run by Ravensbourne broadcast students. The new channels will allow Ravensbourne students to make video content produced at the college available for public viewing through their Ravensbourne TV channel, while content only available to students would be accessed through the student channel, RaveOnAir.

    Narrowstep will play an integral role in helping to support these channels. Although the channels will eventually be maintained almost entirely by Ravensbourne students, Narrowstep will be teaming up with the college's faculty and students, to train them on telvOS and help to integrate the system into the broadcasting curriculum. This will allow the students to gain an in-depth understanding of the telvOS system through classroom study, and then apply what they've learned in a real world setting by running their own channels.

    "Now broadcast students at Ravensbourne will have a unique opportunity to gain hands on experience with Internet TV channel development and management," said Iolo Jones, Founder of Narrowstep. "It's significant that such a leading academic institution has adopted the telvOS platform alongside technologies from companies such as Sony and Avid, and we expect other media schools to follow."

    This is among the first time anywhere in the world that Internet TV management and production has been added to formal academic courses. Course graduates are already being offered employment opportunities with Narrowstep and the company's clients, demonstrating the dynamic growth in the IPTV industry.

    "The world of broadcasting is changing and the traditional model of delivery through transmission is rapidly expanding out into the Internet," said Dr. Freddie Gaffney, Broadcast Technology Course Leader of Ravensbourne College. "As a forward thinking establishment, we must prepare our students for the future, whatever shape it may take. This alliance with Narrowstep is the first step in bringing Ravensbourne to the next generation of content delivery."

    IPTV channels are a growing proposition in many countries, including the UK and Europe, and are finding markets hungry for the new platform. Narrowstep's telvOS system provides the backbone for TV over the Internet for 180+ channels, representing unique video content ranging from entertainment, tourism, sports and now, education.

    About Narrowstep

    Narrowstep(TM) Inc. (OTC Bulletin Board: NRWS), the TV on the Internet company, is a leading global provider of broadband television services. Narrowstep's proprietary technologies and customer-focused services enable TV channels to be delivered over the Internet. 100+ companies worldwide have chosen Narrowstep because it offers the most television-like and true community building broadband experience. The company's telvOS(TM) (Television Operating System(TM)) and nBed(TM) technologies enable the most comprehensive delivery of video to mobile, wireless, Internet, broadband, VOIP and entirely new IP-delivered broadcast services. For more information, visit http://www.narrowstep.com or call +44-(0)-20-7498-3377.

    Ravensbourne College of Design and Communication

    Ravensbourne College of Design and Communication is a University Sector College, validated by the University of Sussex. It is currently based in Chislehurst, Kent. Ravensbourne specialises in the creative exploitation of digital technologies in design and communication within a lively interdisciplinary learning community. It believes that students need to be fluent in the use of digital technologies, not just as a tool but as a medium, in order to stand head and shoulders above their peers when entering professional practice. Ravensbourne programmes span broadcasting; fashion; product, interior, graphic, moving image, interaction, media and sound design; animation and performance video. For more information visit: http://www.rave.ac.uk or call +44-(0)-208-289-4900.

    Web site: http://www.narrowstep.com http://www.rave.ac.uk

    Narrowstep Inc.

    Daniel Montuschi of Narrowstep Inc., +44(0)20-7498-5251, dmontuschi@narrowstep.com




    'Blonde and Blonder' Inks Exclusive Text Messaging Deal with SMS Text Media

    LOS ANGELES, June 27 /PRNewswire-FirstCall/ -- Malibu Entertainment Group (MEG), a wholly owned subsidiary of Orbit Brands Corporation today announced that Canadian Global Media has signed an exclusive deal with SMS Text Media for the text messaging campaign for the Pamela Anderson / Denise Richards comedy "Blonde and Blonder."

    Campaigns will be set up to run with the anticipated Fall release of the film. The text messages are premium text messages for $.99 each for calls in the U.S. and $1.50 Euros each outside of the U.S. The film will receive a portion of the financial benefit on a per text message basis.

    MEG is a media and entertainment company specializing in film and television projects and the development of ancillary marketing rights. "Blonde and Blonder" was produced and directed by Dean Hamilton and the film was finished and ready for distribution prior to MEG's May 2007 acquisition of a 15% interest in the film. The film was produced by Canadian Global Media and Insight Film Studios in Vancouver and is being distributed internationally by Rigel Entertainment.

    About Malibu Entertainment Group

    Malibu Entertainment Group, Inc., a wholly owned subsidiary of Orbit Brand Corporation, owns a 15% interest in "Blonde & Blonder." MEG is a media and entertainment company specializing in film and television projects and the development of ancillary marketing rights.

    About SMS Text Media

    SMS Text Media is a state-of-the-art mobile marketing agency that specializes in creating and managing mobile marketing applications in over 17 countries worldwide. SMS Text Media maintains a catalog of over 250 mobile applications, ranging from text chat services to multi-media applications such as the delivery of ringtones, pictures and screensavers.

    http://www.smstextmedia.com/ About Canadian Global Media

    Canadian Global Media, Inc. is an international production company specializing in Canadian content and international film and television projects. With offices in Los Angeles, Vancouver, Toronto, and branch offices in select cities internationally around the world. CGM has established relationships which are indispensable for international and Canadian productions.

    http://www.canadianglobalmedia.com/ About Insight Film Studios

    Insight Film Studios is one of Canada's leading producers and distributors of television series and feature films. With over ten years of production experience, Insight has earned the right to be one Vancouver's busiest production houses with over $100 million in production in 2006.

    http://www.insightfilm.com/ About Rigel Entertainment

    Established in 1993, Rigel Entertainment has emerged as a significant independent in the worldwide production and distribution of top quality feature film and prime-time television programming. Rigel is recognized for meeting the program needs of broadcasters with an extensive array of top quality entertainment for today's film and television audiences.

    http://www.rigel.tv/ About Orbit Brands Corporation

    Orbit Brands Corporation is a publicly-traded Delaware corporation listed on the Over The Counter Exchange. The primary focus of the company is growth via the acquisition and development of early-stage, high-growth companies and intellectual property in the Internet technology, media and entertainment sectors, and the health and fitness and consumer goods industries. Orbit Brands Corporation is positioned to identify, acquire, fund and develop these companies for the purpose of creating business and shareholder value.

    FORWARD LOOKING STATEMENTS: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements, shall be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.

    Contact: Investor Relations, Rick McCaffrey, +1-781-444-6100 x625

    Orbit Brands Corporation

    CONTACT: Investor Relations, Rick McCaffrey, +1-781-444-6100 x625, for
    Orbit Brands Corporation

    Web site: http://www.smstextmedia.com/
    http://www.canadianglobalmedia.com/
    http://www.insightfilm.com/
    http://www.rigel.tv/




    New Optimum Online Web Portal Brings Users Home With Personalized Content, Relevant Local InformationNation's Fastest High-Speed Internet Service For The Home Redesigns Consumer Portal To Deliver Valuable Local Information, Enhanced Integration With Other Optimum Services

    BETHPAGE, N.Y., June 27 /PRNewswire-FirstCall/ -- Cablevision Systems Corp. today announced the launch of an innovative Optimum Online(R) Web portal that provides enhanced personalization options and automatically delivers relevant news and information, based on a user's home location. The new site - the online portal for more than 2 million Optimum Online customers across the New York metropolitan area - also offers enhanced integration with other Optimum(R) services, including Cablevision's iO(R) digital cable television and Optimum Voice(R) digital voice service.

    The portal, available at http://www.optonline.net/, now delivers continually updated and highly targeted local news, weather and traffic information from the Emmy Award-winning News 12 team and a variety of Internet news sources. The site allows users to further personalize the information they receive and also features fast and convenient access to the full suite of Optimum services - including television listings and voicemail messages - through one easy-to-navigate control panel. More than 60 percent of new Cablevision customers are choosing the company's full suite of voice, video and high-speed Internet services, driving the value of integrated product information.

    "Cablevision customers use Optimum Online to connect to the world, and this new portal makes it even easier to connect with the things that are most important in their world," said Amalia O'Sullivan, Cablevision's vice president of consumer product management. "From enhanced personalization features and geographically targeted news and information from News 12, to increased integration with other Optimum services, our new Web portal makes it even easier for customers to control their Internet experience, whether visiting Web sites from around the world or looking for essential information like school closings in their own town."

    New enhancements to the portal include: -- Access to Full Suite of Optimum Services in One Place A new control panel area gives customers easy access to important information relating to their other Optimum services, including voicemail and e-mail messages, current television listings, and account management and security tools and resources. -- Targeted News 12 Content Intensely local news and weather information, preset for each customer based on their location, provided by Cablevision's award-winning round- the-clock local news source, News 12. -- Expanded Search Functionality A comprehensive search engine delivers targeted results from Google, Yahoo, MSN and Ask all at once, and also includes expanded local searching plus online music and TV listings. -- Centralized Video Content Customers can watch breaking news and business video plus enjoy the latest movie trailers, music videos and other entertainment video directly from the new Video channel. -- New Lifestyle Channel Health, Horoscopes, Photo Center, Optimum Latino, Optimum Autos, Optimum Homes and Optimum Store power a new Lifestyle channel that allows customers to take advantage of content and features to better manage their lifestyle. Health delivers expert news and research for all of today's major health topics plus access to a full health video library. Optimum Latino features daily news, music and entertainment for the Latino community, and an expanded Photo Center helps customers have even more fun with their photos with new tools for sharing and storing digital video.

    "Our new Web portal breaks new ground by automatically and intuitively delivering to our customers the relevant and useful local information that most directly impacts their daily lives, reinforcing Optimum Online as an essential service in the home and the leading Internet provider in our market," O'Sullivan added.

    The new web portal follows the recent Optimum Online speed increase, which accelerated downstream speeds to up to 15 megabits-per-second (Mbps), and 2 Mbps upstream, at no additional cost to customers. Cablevision also offers a premium tier Internet service, Optimum Online Boost, which offers speeds of up to 30 Mbps downstream and 5 Mbps upstream to consumer and business customers. Optimum Online Boost is available for an additional cost of $14.95 per month, $9.95 per month for residential customers who also subscribe to Optimum Voice.

    In addition to the new features, Optimum Online customers continue to receive significant value-adds such as free security and anti-virus protection, an online music player, discounts on audio, video and computer electronics through the Optimum Store and more (savings total more than $100). For more information, visit http://www.optonline.net/.

    About Cablevision

    Cablevision Systems Corporation is one of the nation's leading entertainment and telecommunications companies. Its cable television operations serve more than 3 million households in the New York metropolitan area. The company's advanced telecommunications offerings include its iO: Interactive Optimum(R) digital television, Optimum Online(R) high-speed Internet, Optimum Voice(R) digital voice-over-cable, and its Optimum Lightpath integrated business communications services. Cablevision's Rainbow Media Holdings LLC operates several successful programming businesses, including AMC, IFC, WE tv and other national and regional networks. In addition to its telecommunications and programming businesses, Cablevision owns Madison Square Garden and its sports teams, the New York Knicks, Rangers and Liberty. The company also operates New York's famed Radio City Music Hall, and owns and operates Clearview Cinemas.

    Cablevision Systems Corporation

    CONTACT: Jim Maiella, +1-516-803-3947, or Patrick MacElroy,
    +1-516-803-1249, both of Cablevision Systems Corporation

    Web site: http://www.cablevision.com/
    http://www.optonline.net/




    Adoodle Offers FREE TRIAL to Agencies and Sponsors for TVAdsAgain.com Site Launch

    PHILADELPHIA, June 27 /PRNewswire-FirstCall/ -- Adoodle, Inc., (Pink Sheets: ADDE) an Internet media company, announced today that the company is offering a Free Trial to qualified advertising agencies and sponsors posting current network TV commercials on http://www.tvadsagain.com/ prior to the projected Labor Day launch. The site is currently in Beta testing.

    TVAdsAgain.com is a repository for current, breaking and future network TV commercials which site visitors evaluate by completing a rigorous online "ADReview" focus group questionnaire in exchange for cash payments. The professionally-prepared questionnaire measures viewer response to the product/service featured in the commercial and the company/brand, as well as the commercial in general.

    "TVAdsAgain.com is the fastest, easiest, most cost-efficient way for agencies and sponsors to measure consumer reaction to their commercials," stated Adoodle Executive VP, Victor Sonder.

    Initially, network commercials will be posted on the site and advertisers will be offered detailed, professionally-prepared ADReview reports, organizing and quantifying visitor evaluations of sponsors' commercials, at no charge. In addition, respondent's individual email addresses and demographic profiles will be included.

    "We expect the cash payments for completion of the ADReview questionnaires to attract millions of consumer eyeballs to our site. And now network sponsors have an opportunity to put their commercials in front of that vast audience and receive an ADReview focus group report organizing and summarizing feedback and reaction to their commercial a no charge whatsoever," added Sonder.

    "Our reports will enable agencies and advertisers to fine-tune their messages and better target their potential customers. TVAdsAgain.com is really everything you ever wanted to know about your commercial. Of course, network TV commercials will now have an afterlife on the web and a chance to be seen by the ever-rising tide of Internet surfers," Sonder continued. "We also provide direct links to advertisers' web sites, offer advertisers the opportunity to print-out promotional incentives on visitors' printers and post bonus video. There's nothing like TVAdsAgain.com on the worldwide web and we're convinced it will be the next big internet advertising phenomenon."

    Inquiries about the FREE TRIAL OFFER and posting network TV commercials should be sent to info@TVAdsAgain.com. Or call 1-888-383-1743.

    About Adoodle, Inc.

    Adoodle, Inc., "portal 2 POP culture," is an Internet media company whose mission is to conceive, develop and launch Internet-based advertising-related media. Adoodle, Inc. is now Beta testing TVAdsAgain.com (patent pending) -- "The world's biggest focus group." -- the only site on the worldwide web where visitors can view, review and evaluate current and breaking network TV commercials and get paid for doing it. TV commercials from sponsors are posted and advertisers are offered detailed, professionally-prepared reports organizing and quantifying consumer response to their TV spots. Reports are available to sponsors for a fee, based on a "per-hit" or per review basis.

    For further information about Adoodle, Inc. and TVAdsAgain.com, please visit http://www.tvadsagain.com/

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

    Safe Harbor: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors.

    Adoodle, Inc.

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

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




    General Dynamics - Air Force Team Wins DOD Modeling and Simulation Award for Wargaming Efforts

    FAIRFAX, Va., June 27 /PRNewswire-FirstCall/ -- The Air Force A5XS team, comprising Air Force officers and General Dynamics Information Technology staff, was awarded the 2007 Department of Defense Modeling and Simulation Common and Cross-Cutting Award at the Defense Modeling and Simulation Conference in Hampton Roads, Va. The award is presented annually to teams or individuals for their outstanding achievements in the development or application of models and simulations within the Department of Defense. General Dynamics Information Technology is a business unit of General Dynamics .

    The team was recognized for ground-breaking work integrating modeling and simulation tools to support the analytical and information technology needs of Air Force Title 10 and Joint Wargaming exercises, which are conducted to prepare military services for operational and future alternative combat concepts. During the U.S. Air Force Chief of Staff's Unified Engagement 06 wargame, the team delivered a wargame information environment that placed powerful and intuitive information retrieval, analysis and visualization tools in the hands of joint and coalition participants. The work was performed under the Air Force A5X Wargaming Support contract that was awarded to General Dynamics in August 2006.

    Under the contract, the team developed over 100,000 lines of code while seamlessly integrating the capabilities of 15 disparate models. Serving over 300 wargamers, including senior leaders from every branch of the military, the team charged through an aggressive two-year design, procurement and development cycle supporting 10 worldwide wargame events. The result was a state-of-the-art, data-centric, user-friendly, automated and web-based graphical user interface (GUI) that drastically reduced player training requirements while vastly enhancing player productivity.

    "General Dynamics' technical support raised both the fidelity and depth of insights gained from the Unified Engagement wargame," said Ken Hess, vice president and general manager for Air Force Systems for General Dynamics Information Technology. "We are proud to have played an important role in the success of the largest wargame ever conducted by the Air Force."

    The A5XS team also received the 2007 Air Force Modeling and Simulation Cross-Functional Award. In addition, General Dynamics Senior Scientist John Noss was awarded the 2007 National Training and Simulation Association (NTSA) Modeling and Simulation Cross-Function Award for his visionary technical contribution to the ground-breaking integration of modeling and simulation tools in support of Air Force and Joint Wargaming.

    About General Dynamics Information Technology

    As a trusted systems integrator for more than 50 years, General Dynamics Information Technology provides information technology (IT), systems engineering and professional services to customers in the defense, intelligence, homeland security, federal civil, international and commercial sectors. With 16,000 professionals worldwide, the company manages large-scale, mission-critical IT programs delivering IT services and enterprise solutions. More information about General Dynamics Information Technology is available at http://www.gdit.com/.

    General Dynamics, headquartered in Falls Church, Virginia, employs approximately 82,600 people worldwide and had 2006 revenues of $24.1 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies.

    General Dynamics Information Technology

    CONTACT: Mark Meudt of General Dynamics Information Technology,
    +1-703-246-0525, Fax, +1-703-246-0206, Mark.Meudt@gdit.com

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




    ACORD Compliant Reinsurance XML Project Successfully Completed

    CARY, North Carolina, June 27 /PRNewswire-FirstCall/ -- Sapiens International Corporation N.V. , a Member of the Emblaze / Formula Group , today announced that Sapiens and Menora have successfully completed an ACORD compliant Reinsurance XML limited pilot project for a major Reinsurance company. Utilizing the rules-based Sapiens INSIGHT(TM) suite, Menora Mivtachim Insurance Ltd. was able to produce the appropriate ACORD XML to transfer Reinsurance information.

    ACORD, a non-profit organization, serves as a global resource for information about EDI, XML and electronic commerce and facilitates the development and use of standards for the insurance industry.

    "We understand the common issues insurance carriers are running into today. Adopting ACORD XML standards will address many of these issues and add huge value to our customers," said Martin Greenberg, Sapiens' Vice President and Product Manager: Property & Casualty and Reinsurance. "Utilizing the ACORD XML standards we can exchange information and help to streamline processes and automate labor intensive activities. Leveraging ACORD standards for XML can help customers by reducing administrative costs and eliminating time delays in processing data."

    "We are always looking for ways to deliver straight through processing and ways in which we can improve efficiency in insurance transactions. Our goal is to find solutions that will help us better meet compliance requirements and reduce the cost of doing business," said Elad Shelef, Reinsurance and Planning Manager of Menora Mivtachim.

    Sapiens INSIGHT(TM) is a web-based insurance administration suite, which provides policy, billing, claims and reinsurance management and can be used modularly or as an integrated suite. Sapiens INSIGHT(TM) is built on a rules-based system that is installed worldwide in well over 100 companies. The rules allow for rapid interactive development by business and technical personnel, empowering business users to make changes using English-like rules rather than application code.

    About Sapiens International

    Sapiens International Corporation N.V. , a member of Formula Group , which is a member of the Emblaze Group is a leading global provider of proven IT solutions that modernize business processes and enable insurance organizations to adapt quickly to change. Sapiens' innovative solutions are widely recognized for their ability to cost-effectively align IT with the business demands for speed, flexibility and efficiency. Sapiens operates through its subsidiaries in North America, the United Kingdom, EMEA and Asia Pacific, and has partnerships with market leaders such as IBM and EDS. Sapiens' clients include AXA, Liverpool Victoria, Norwich Union, OneBeacon, Principal Financial Group, Prudential, ING, Menora Mivtachim, Santam and Occidental Fire & Casualty among others.

    For more information, please visit http://www.sapiens.com/.

    Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the Company's accounting policies, specific system configurations and software needs of individual customers and other risk factors detailed in the Company's SEC filings.

    For Additional Information: Archana Patel Marketing Communications Coordinator Sapiens Americas +1-919-405-1507 usa@sapiens.com

    Sapiens Technologies

    CONTACT: For Additional Information: Archana Patel, Marketing
    Communications, Coordinator, Sapiens Americas, +1-919-405-1507,
    usa@sapiens.com




    IDG's Computerworld Names Informatica to Annual List of Best Places to Work in Information TechnologyPlaces in two 'top 10' breakout lists: retention and training

    REDWOOD CITY, Calif., June 27 /PRNewswire-FirstCall/ -- Informatica Corp. , a leading provider of data integration solutions, today announced that IDG's Computerworld, the "Voice of IT Management," has recognized the company as having one of the top 100 workplaces for information technology (IT) professionals. One of only nine West Coast companies named to this year's list, Informatica was also placed in two "top 10" breakout lists: "Best Places for Retention" and "Best Places for Training."

    "This recognition is not only a validation of Informatica's recruitment and retention capabilities, but also of our internal use of our own technologies to drive business excellence," said Tony Young, chief information officer, Informatica Corporation. "I believe we are a highly productive IT team because we hire great people who believe in our values and we empower them to do the best job possible."

    Since 1994, Computerworld's annual "Best Places to Work in IT" feature has ranked the top 100 work environments for technology professionals based on a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention. In addition, this year Computerworld conducted extensive surveys of IT workers, and their responses factored heavily in determining these rankings.

    For the past three years Informatica has achieved impressive revenue and profit growth in an extremely competitive industry. Informatica IT has played a major role in enabling this success through the close aligning of its efforts and investments with Informatica's key business objectives, including revenue growth with cost controls, improving customer satisfaction, and attracting and retaining world-class employees.

    "The recipients of this year's Best Places to Work stand out because they are united by a common theme -- they understand the importance of IT, and recognize the value these IT professionals bring to the workplace on a daily basis," said Don Tennant, editor in chief, Computerworld.

    About Computerworld

    Computerworld is the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning weekly publication, Computerworld.com Web site (http://www.computerworld.com/), focused conference series and custom research form the hub of the world's largest (40+ edition) global IT media network. Computerworld is a business unit of International Data Group (IDG), the world's leading technology media, events, and research company.

    About Informatica

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

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

    Informatica Corp.

    CONTACT: Deborah Wiltshire of Informatica Corporation, +1-650-385-5360,
    dwiltshire@informatica.com, or Donna Lyon of Text 100, +1-415-593-8478,
    informatica@text100.com, for Informatica Corp.

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




    American Telecom Announces New Give N' Talk Distribution Through the Most Fashion Oriented Mass Merchant in the U.S.Portion of Phone Sales and Service Usage Will be Donated to National Breast Cancer Foundation in Support of National Breast Cancer Awareness Month

    CITY OF INDUSTRY, Calif., June 27 /PRNewswire-FirstCall/ -- American Telecom Services Inc. , a provider of converged communications solutions, today announced that a new Give N' Talk Corded, pink Trim Phone(TM) telephone with caller ID will be shipped to the most fashion oriented, and second largest, mass merchant in the U.S. for distribution in their more than 1,400 locations for a chain-wide program timed for an October launch to support National Breast Cancer Awareness Month. The Give N' Talk (GNT) program is modeled after the Company's Pay N' Talk (PNT) program, a prepaid long distance program, in which the retailer selling the phone shares in the revenues produced by the consumer's use of the long distance service. The Give N' Talk program, in addition to sharing service revenue with the retailer, gives a portion of the revenues from the retailer's purchase of phones, as well as a portion of the ongoing service revenues created by consumer use, to the National Breast Cancer Foundation (NBCF).

    The first Give N' Talk phone that the retailer will carry is the Caller ID Trim Phone, a deluxe corded phone bundled with 50 minutes of free long distance service for the consumer, powered by IDT Telecom. This all-pink phone is specially designed for this promotion and the retailer's customer demographic, it is available exclusively to them in special see thru packaging with their fashion conscious consumers in mind.

    Bruce Hahn, American Telecom's Chief Executive Officer, commented, "Our Give N' Talk charity phones present a wonderful opportunity for us to share the experience of giving with both our retail partners and our consumers. Our target customer is female. One in seven women will contract breast cancer in her lifetime. Our Give N' Talk phones donate for life. Unlike other hardware products, which may donate a percentage of profit to a charity on the initial sale, our phones donate profit from the sale of the phone plus a portion of ongoing service revenue for each phone sold and activated for the life of the caller. 'Talk more ... Give more ... For life.'(SM). The NBCF is a four-star charity and a wonderful contributor to the research and education that is required to eradicate this disease."

    About American Telecom Services

    American Telecom Services, a leader in converged communications solutions, provides consumers "Good Reasons to Pick up the Phone." American Telecom Services combines state-of-the-art telephones bundled with a variety of pre-paid long distance and Voice over Internet Protocol (VoIP or Internet Phone) calling plans designed to save consumers up to 60% on long distance costs. The Company offers the only home phones bundled with Pay N' Talk prepaid residential long-distance services powered by IDT Telecom (patent-pending) and is the only provider of DigitalClear(TM) Internet phones that include an adapter and router built right into the base of the phones (patent-pending); Just "Plug In & Save!" The DigitalClear product line offers consumers the opportunity to save up to $500 on their phone services using Internet Phone technology supplied by leading technology providers. Consumers can select phones bundled with SunRocket services, and enjoy SunRocket's Bottom-Line Pricing(SM) with plans free of bogus charges, tacked-on fees, and other unpleasant surprises that normally show up on phone bills. Consumers can also chose phones bundled with Lingo Internet phone service and enjoy one of the most affordable U.S. Internet phone services. Consumers who do not possess high-speed Internet service at home, all DigitalClear products also include a high speed Internet offer from Broadband National, creating a "One Box Solution" to be sold at retail. American Telecom Service's products are available nationally at more than 18,000 retail locations. Visit http://www.atsphone.com/ for Company and product information.

    Safe Harbor Statement

    Any statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify those forward-looking statements by words such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of those words and some other comparable words. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from historical results or those the Company anticipates. Factors that could cause actual results to differ from those contained in the forward-looking statement include, but are not limited to, those risks and uncertainties described in the Company's prospectus dated December 11, 2006 and the other reports and documents the Company files from time to time with the Securities and Exchange Commission. Statements included in this press release are based upon information known to the Company as of the date of this press release, and the Company assumes no obligation to (and expressly disclaims any such obligation to) publicly update or alter its forward-looking statements made in this press release, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.

    Contact: Company Investors: Bruce Hahn, CEO Brett Maas (310) 871-9904 Hayden Communications (404) 261-7466 (646) 536-7331 Bruce.Hahn@atsphone.com brett@haydenir.com

    American Telecom Services Inc.

    CONTACT: Bruce Hahn, CEO of American Telecom Services Inc.,
    +1-310-871-9904, or +1-404-261-7466, Bruce.Hahn@atsphone.com; or Investors,
    Brett Maas of Hayden Communications, +1-646-536-7331, brett@haydenir.com, for
    American Telecom Services Inc.

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




    TransAct Receives First POWEROLL(TM) Purchase Order

    HAMDEN, Conn., June 27 /PRNewswire-FirstCall/ -- TransAct Technologies Incorporated , a leading producer of market specific printers for transaction-based industries worldwide, today announced that it has received its first order for POWEROLL(TM), the company's newly created brand of specialized thermal paper. POWEROLL(TM) is pre-printed, picture-quality receipt paper that leverages the power of color with high-resolution, full color printing capabilities. Customers are able to make their marketing message more effective through the use of this eye catching delivery medium. The order was received from a medium sized U.S. retailer in the Northeast.

    Bart C. Shuldman, Chairman, President and Chief Executive Officer of TransAct Technologies, said, "We are working with this retailer to leverage the power of pre-printed full color messages on the front and back of their receipts to create a compelling, bounce back tool capable of driving greater store traffic and marketing message awareness. This order should serve as a showcase for other retailers and help us to drive future orders. By offering a cost effective way to turn dull, black and white receipts into vibrant, colorful, brand-building materials, we believe POWEROLL(TM) will be a real winner."

    About TransAct Technologies Incorporated

    TransAct Technologies Incorporated is a leader in developing and manufacturing market-specific printers for transaction-based industries. These industries include gaming, lottery, point-of-sale, kiosk and banking. Each individual market has distinct, critical requirements for printing and the transaction is not complete until the receipt and/or ticket is produced. TransAct printers are designed from the ground up based on market specific requirements and are sold under the Ithaca(R) and Epic product brands. TransAct distributes its products through OEMs, value-added resellers, selected distributors, and direct to end-users. TransAct has over two million printers installed around the world. TransAct also has a strong focus on the after-market side of the business, with a high commitment to printer service, supplies and spare parts. TransAct is headquartered in Hamden, CT. For more information on TransAct, visit http://www.transact-tech.com/ or call 203.859.6800.

    Contacts: Steven DeMartino, Chief Financial Officer, 203-859-6810 or David Pasquale, 646-536-7006 with The Ruth Group

    TransAct Technologies Incorporated

    CONTACT: Steven DeMartino, Chief Financial Officer of TransAct
    Technologies Incorporated, +1-203-859-6810, or David Pasquale of The Ruth
    Group, +1-646-536-7006, for TransAct Technologies Incorporated

    Web site: http://www.transact-tech.com/




    HI's MascotCapsule(R) has been Embedded into ASUSTeK Computer's Handset

    TOKYO, June 27 /Xinhua-PRNewswire-FirstCall/ -- HI CORPORATION (Jasdaq: 3846) (Headquarters: Meguro-ku, Tokyo; President and CEO: Kazuo Kawabata; hereinafter "HI") announced today that HI has executed a worldwide license agreement with ASUSTeK Computer Inc. (Headquarters: Taipei, Taiwan; CEO: Johnny Shih hereinafter "ASUS") for the use of HI's 3D graphics engine MascotCapsule on ASUS handsets.

    J502, which was released by ASUS for the Taiwanese market on June 12th, is the first MascotCapsule embedded handset under the agreement. It features a 3D interface on a 2.4" large QVGA display. The MascotCapsule embedded handsets from ASUS will be available in Asia, America, and Europe successively in the future.

    Many content developers, including worldwide major players, have already developed high quality 3D content using MascotCapsule. HI and ASUS expect that this agreement will further expand the share of ASUS mobile phones and the market for MascotCapsule-based applications.

    -- Mascot Capsule is a registered trademark of HI CORPORATION. -- The names of other products and companies mentioned herein may be trademarks or registered trademarks of their respective owners. About ASUS

    ASUS (ASUSTeK Computer Inc.) is a leading provider of 3C (Computing, Communications, and Consumer electronics) total solutions. With a global staff of more than 100 thousand and a world-class R&D design team, the turnover for 2006 was 17.4 billion U.S. Dollars.

    ASUS has been ranked in Business Week InfoTech 100 for 9 straight years, and was ranked No.1 by the Wall Street Journal for best quality products in Taiwan.

    For more information, please visit http://www.asus.com/index.aspx . About MascotCapsule

    MascotCapsule is available in specifications V1 through V4 to meet a range of hardware designs and CPU configurations. It can be used with resource- limited and high-end devices. The engine is also being used on other kinds of devices such as portable game systems, PDAs, AV equipment, digital cameras, and car navigation systems. No matter what the platform is, you can expect a stable, fast and easy to use 3D development platform.

    About HI CORPORATION Please visit http://www.hicorp.co.jp/english/index.html . Contact HI CORPORATION Marketing Division: Mitsutaka Monma Tel: +81-3-3710-2843 Fax: +81-3-5773-8909 Email: press@hicorp.co.jp Address: 5th Floor, Meguro Higashiyama Bldg., 1-4-4 Higashiyama, Meguro-ku, Tokyo, Japan 153-0043

    HI CORPORATION

    CONTACT: Mitsutaka Monma of HI CORPORATION, +81-3-3710-2843,
    fax +81-3-5773-8909, press@hicorp.co.jp

    Web site: http://www.hicorp.co.jp/english/index.html
    http://www.asus.com/index.aspx




    CMP Technology's DB2 Magazine Launches Digital Edition and Debuts a New WebsiteOffers Information-Delivery Options and Community Interaction

    SAN MATEO, Calif., June 27 /PRNewswire-FirstCall/ -- CMP Technology, a targeted media and marketing solutions company serving the builders, sellers and buyers of technology worldwide, today announced the debut of a new community-driven Web site for DB2 Magazine, a solutions-oriented publication that gives IT professionals the strategic and technical information they need to work successfully in the IBM Data Management environment (http://www.db2mag.com/).

    A new downloadable, printable digital edition of DB2 Magazine includes all the feature articles and columns included in the traditional print version. The new community Web site includes multiple opportunities for user participation, including a new wiki devoted to IBM information management technologies and blogs written by experts in DB2, Informix, and other information management topics.

    The redesigned website also includes new sections devoted specifically to IBM's DB2, Informix, and U2 data servers and to broader content categories such as application development, information analytics, content management and information discovery, and information management education and certification.

    "The collaboration between CMP Technology and IBM has brought extensive industry content, expert knowledge and outstanding technical resources to the information management community over the last decade," said Kim Moutsos, editor of DB2 Magazine. "Expanding our Web presence allows us to engage the vibrant community we've built through more than 10 years of delivering quality how-to information."

    Published by CMP and sponsored by IBM, DB2 Magazine is delivered to more than 100,000 relational database and information management professionals around the world. The magazine has been available in print and online since 1996.

    For more information, contact Angela Duarte at (503) 246-4472 or aduarte@cmp.com.

    About CMP Integrated Marketing Solutions (http://www.cmp.com/marketingservices)

    CMP's Integrated Marketing Solutions (CIMS) Group blends the information needs of the business technology buyer and the messaging needs of the marketer. The result is a targeted, high-impact, effective sales and marketing tool that surrounds the buyer with valuable and compelling content. By controlling the content, context and medium, an integrated marketing solutions program can deliver key messages and solidify brand identity; present a unique and fresh perspective; establish ongoing dialogue that helps to predict future needs; create a feedback mechanism, motivate buyers to take action; and collapse the buying process cycle. The CIMS Group offers contract publishing, content services, database marketing, custom events, partner marketing programs, and custom media.

    About CMP Technology (http://www.cmp.com/)

    CMP Technology is a marketing solutions company serving the technology industry. Through its market-leading portfolio of trusted information brands, CMP has earned the confidence of more technology professionals than any other media company. As a result, CMP is the premier provider of access, insight and actionable programs designed to connect sellers and buyers in ways that yield superior return on investment. CMP Technology is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com/), a global provider of news distribution and specialist information services with a market capitalization of more than $3 billion.

    CMP Technology

    CONTACT: Angela Duarte of CMP Integrated Marketing Solutions, +1-503-
    246-4472, aduarte@cmp.com

    Web site: http://www.cmp.com/
    http://www.db2mag.com/
    http://www.unitedbusinessmedia.com/

    Company News On-Call: http://www.prnewswire.com/comp/181993.html




    Space Systems/Loral Celebrates Success of Intelsat VII ProgramEight Loral-built Satellites Launched for Intelsat from 1993-1996 Continue Robust Operation, Exceed Requirements

    PALO ALTO, Calif., June 27 /PRNewswire-FirstCall/ -- Space Systems/Loral (SS/L), a subsidiary of Loral Space & Communications and the world's leading provider of high-power commercial satellites, today announced that it is celebrating the success of the Intelsat VII program launched between 1993 and 1996. All eight geosynchronous satellites, initially built by SS/L for Intelsat Ltd., continue healthy operations after surpassing their contracted life. Seven of them still belong to the Intelsat fleet, one being flown by another operator.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20070627/NYW045 )

    "These robust communication satellites will continue to provide high quality services to our media, network services, and government customer sectors," said Thierry Guillemin, Intelsat's vice president satellite operations and engineering.

    The last of the Intelsat VII series spacecraft, launched on June 15, 1996, reached its 3,960 day orbital design life on May 29, 2007. In all, the Intelsat VII program has cumulatively logged more than 10 years of operation beyond its contractual life, and continues providing excellent services today.

    "SS/L is pleased with the performance of the Intelsat VII fleet and we appreciate how Intelsat's project oversight contributed to the program's success," said Pat DeWitt, chief executive officer of Space Systems/Loral. "I personally have seen Intelsat evolve from an international consortium of governments to the highly successful commercial powerhouse that it is today. After so many years of working together we are proud that Intelsat continues to entrust us with its satellite procurement needs."

    Technology Advances

    The Intelsat VII satellites were groundbreaking in terms of new technology introduction and many of the structures and systems developed for this program became the baseline for SS/L's highly-reliable 1300 satellite bus. Important firsts included developments in control electronics, propellant systems, solar arrays and the qualification of new materials.

    SS/L used a programmable microprocessor for Satellite Control Electronics (SCE) for the first time on the Intelsat VII satellites. The automated system performs commanding, telemetry, thermal heater control and spacecraft attitude control. The basic design for currently used bi-propellant thrusters, the main satellite propellant system and the basic structure of today's solar array wings were also first developed for the Intelsat VII series. Additionally, the Intelsat VII spacecraft were the first to use much of the graphite composite structure that is used today in the 1300 satellite bus.

    About Intelsat

    Intelsat is the leading provider of fixed satellite services (FSS) worldwide and is the leading provider of these services to each of the media, network services and government customer sectors, enabling people and businesses everywhere constant access to information and entertainment. Intelsat offers customers a greater business potential by providing them access to unrivaled resources with ease of business and peace of mind. An extensive customer base, including some of the world's leading media and communications companies, multinational corporations, Internet service providers and government/military organizations, utilizes our services. Real- time, constant communication with people anywhere in the world is closer, by far.

    About Space Systems/Loral

    Based in Palo Alto, California, SS/L designs and builds satellites and spacecraft systems for commercial and government customers around the world. As the leading provider of high-power commercial satellites, the company works closely with satellite operators to deliver spacecraft for a broad range of services including direct-to-home television, digital audio radio, broadband Internet, and digital multimedia broadcasting. With a 50-year history and nearly 1,400 on-orbit years logged, SS/L helps customers meet business objectives with advanced solutions based on space-proven heritage designs. For more information, visit http://www.ssloral.com/.

    About Loral Space & Communications

    Loral Space & Communications is a satellite communications company. In addition to Space Systems/Loral, through its Skynet subsidiary Loral owns and operates a fleet of telecommunications satellites used to broadcast video entertainment programming, and for broadband data transmission, Internet services, and other value-added communications services. For more information, visit Loral's web site at http://www.loral.com/.

    This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, Loral Space & Communications Inc. or its representatives have made or may make forward- looking statements, orally or in writing, which may be included in, but are not limited to, various filings made from time to time with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions. Many of these factors and conditions are described under the caption "Risk Factors" in each of the company's annual report on Form 10-K for the fiscal year ended December 31, 2006 and its quarterly reports on Form 10-Q for subsequent periods. The reader is specifically referred to these documents, as well as the company's other filings with the Securities and Exchange Commission.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070627/NYW045
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Space Systems/Loral

    CONTACT: Investors, John McCarthy, of Loral Space & Communications,
    +1-212-338-5345, or Media, Wendy Lewis, of Space Systems/Loral,
    +1-650-852-5188

    Web site: http://www.ssloral.com/
    http://www.loral.com/

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