Laser Energetics Secures $12 Million in FinancingCommon Stock Equity Investment is Priced at a Premium to the Market

MERCERVILLE, N.J., Feb. 11 /PRNewswire-FirstCall/ -- Laser Energetics, Inc. (OTC Pink Sheets: LNGT) today announced that it has executed a financing agreement for a $12 million equity investment into the Company. The investment is priced at a substantial premium to the current market price. The transaction, which is subject to due diligence and the usual and customary closing conditions, is expected to close within the next 30 days.

The investment is being made by a company with whom LEI already has an existing business relationship.

Robert D. Battis, CEO of Laser Energetics, stated, "We are incredibly excited about this development. The $12 million will give us the ability to immediately ramp up our production capacity to meet the demand for our BrightStar(tm) laser systems. It will accelerate our research and development efforts, allowing us to bring both new technology and refinements to our existing technologies to the market in a very rapid fashion. We will also investigate a stock buyback program, since we believe that our current stock price is extremely undervalued."

Battis continued, "It is unusual for a company our size to receive such a large equity investment, particularly at a premium, and we view this as validation of our business plan and our technologies. We hope to report additional exciting developments regarding our Company in the very near future."

About Laser Energetics, Inc.: LEI has and continues to develop a comprehensive and strategic laser product line that addresses applications in Industry, Science, Medicine and the Military. The Company has had a primary focus on its Alexandrite laser technology. These tunable solid state lasers are unique in that they can be conductively air cooled to compete favorably against water cooled lasers in many applications. In addition, these lasers have one of the greatest wavelength tuning ranges with a bandwidth of over 250nm. The company is pursuing markets that are diverse yet can use the same laser with their compact user friendly design. This laser technology provides a sustainable advantage over many other lasers because of their tune-ability, conductively air cooled operation, and their efficiency allowing these lasers to operate at preferred lower voltages such as 110 Volts as well as the military standard 28 VDC, as compared to other less efficient competitive lasers that are large and need 220 Volts to operate.

Safe Harbor: 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, Section 21E of 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, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. 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 expected results.

Laser Energetics, Inc.

CONTACT: Investor Relations, Laser Energetics, Inc., +1-609-587-8250, or
mail@laserenergetics.com

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

Silicon Mountain Signs Agreement to Acquire Remote Backup TechnologyAcquisition of remote storage utility enables speedy route-to-market and strengthens the Company's Smart Media Storage initiatives.

BOULDER, Colo., Feb. 11 /PRNewswire-FirstCall/ -- Silicon Mountain Holdings, a technology holding company of niche computing brands, today announced that it has entered into an agreement with a specialized software developer based in New Zealand to acquire intellectual property related to direct remote backup technology. The acquisition of this proven online storage utility will accelerate delivery-to-market for a planned online remote backup service to be launched by Silicon Mountain Holdings later this year.

"We plan to integrate this remote backup utility with a number of our server and storage product lines including our new line of Smart Media NAS appliances," said Tre' Cates, CEO at Silicon Mountain. "The growing demand to access, share, protect and organize digital memories and assets such as music and video libraries as well as valuable business information, requires more than just a robust local back up solution. We believe that remote access and remote storage management will soon be a defining requirement for all home and small business users and Silicon Mountain will be able to offer intuitive solutions to meet the demand."

The new, yet-to-be-named remote backup and storage service from Silicon Mountain Holdings will be available in the first-half of 2008.

About Silicon Mountain Holdings

Silicon Mountain Holdings, Inc. (BULLETIN BOARD: SLCM) builds and acquires niche brands that provide trusted computing solutions for growing digital demands. Additional news and information about the company is available at http://www.slcmholdings.com/.

This release may contain forward-looking statements regarding the future and expected performance of Silicon Mountain Holdings, Inc. based on assumptions that the Company believes are reasonable. No assurances can be given that these statements will prove to be accurate. A number of risks and uncertainties could cause actual results to differ materially from these statements, including, without limitation, reduced customer demand, higher costs for components, labor, and other aspects of manufacturing, assembling and/or marketing, increased competition, and other risk factors described in the Company's Joint Definitive Proxy Statement, Form 8-K, and other reports filed with the Securities and Exchange Commission. Silicon Mountain Holdings, Inc. undertakes no obligation to publicly update these forward-looking statements, whether as result of new information, future events or otherwise.

Silicon Mountain Holdings, Inc.

CONTACT: Investors, Juan Perez, Chief Financial Officer, +1-303-938-1155,
Company Contact, Mark Stroessler, Marketing Manager, 1-888-745-6866, both of
Silicon Mountain Holdings, Inc.

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

SRA Wins $78 Million Drug Enforcement Administration Contract to Transform IT Infrastructure

FAIRFAX, Va., Feb. 11 /PRNewswire-FirstCall/ -- SRA International, Inc. , a leading provider of technology and strategic consulting services and solutions to government organizations, today announced it has been awarded a five-year contract with an estimated value of more than $78 million by the U.S. Drug Enforcement Administration (DEA) to help transform its information technology (IT) infrastructure.

Under DEA's Enterprise Management Services (EMS) contract, SRA will provide a full spectrum of operations and maintenance (O&M) support to the Office of Information Systems (SI) Operations and Support Section, as well as focus on transforming DEA's IT infrastructure to improve infrastructure reliability and security while providing more effective and responsive customer support.

SI's mission is to facilitate DEA's enforcement of U.S. controlled substances laws and regulations by providing efficient and secure network and IT services to DEA agents and staff worldwide. Under the performance-based contract, SRA will provide customer support; IT security; network operations; and change management services to DEA's more than 285 domestic and 85 foreign locations.

"SRA is pleased to continue serving the Drug Enforcement Administration," said SRA Vice President and Acting Director, Command and Control, Communications and Intelligence (C3I) Sector Jim McClave. "This contract extends our worldwide support to law enforcement agencies such as the DEA."

About SRA International, Inc.

SRA is a leading provider of technology and strategic consulting services and solutions -- including systems design, development, and integration; and outsourcing and managed services -- to clients in national security, civil government, and health care and public health markets. The Company also delivers business solutions for contingency and disaster response planning, information assurance, business intelligence, environmental strategies, enterprise architecture, infrastructure management, and wireless integration.

FORTUNE(R) magazine has chosen SRA as one of the "100 Best Companies to Work For" for nine consecutive years. The Company's 6,400 employees serve clients from its headquarters in Fairfax, Virginia, and offices around the world. For additional information on SRA, please visit http://www.sra.com/.

Any statements in this press release about future expectations, plans, and prospects for SRA, including statements about the estimated value of the contract and work to be performed, and other statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent our views as of February 11, 2008. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to February 11, 2008.

SRA International, Inc.

CONTACT: Sheila S. Blackwell of SRA International, Inc.,
+1-703-227-8345, sheila_blackwell@sra.com

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

Digital Realty Trust Facility in Charlotte to House Advanced, New Datacenter for Hosted Solutions

SAN FRANCISCO, Feb. 11 /PRNewswire-FirstCall/ -- Digital Realty Trust, Inc. , a leading owner and manager of corporate and Internet gateway datacenters, today announced that Hosted Solutions (http://www.hostedsolutions.com/) will establish a mission critical datacenter in Digital Realty Trust's 125 North Myers Street facility in Charlotte, North Carolina. The site encompasses over 15,000 square feet of space, including over 7,500 square foot of raised floor Turn-Key Datacenter(TM) space, with adjoining shell space for expansion. This will significantly increase Hosted Solutions' data center capabilities to meet demand for its managed services from customers in Charlotte, upstate South Carolina and nationwide.

"We are very excited to announce the opening of our second Charlotte datacenter," said Rich Lee, Founder and CEO of Hosted Solutions. "The opening of this datacenter is a testament to Hosted Solutions' commitment to grow strategically in our current markets while giving our customers the personal relationship of a small company and the resources of an enterprise organization. Digital Realty Trust's state-of-the-art facility is the ideal environment to support our customer's needs, and it has been a valued partner in the process of establishing this new datacenter."

"Hosted Solutions was seeking a premiere facility with advanced security, cooling and power systems, and our facilities in Charlotte fit all of the company's technical requirements. The facility is a major hub for communications infrastructure in the Southeast, making it an ideal environment for managed services companies like Hosted Solutions that want a wide range of connectivity options," said Chris Crosby, Senior Vice President of Digital Realty Trust.

Digital Realty Trust's Turn-Key Datacenters(TM) are scalable from hundreds of kilowatts of IT Load to megawatts of IT load and are located in markets throughout North America and Europe. Each Turn-Key facility is physically secure and features a state-of-the-art power and cooling architecture that has been optimized for green operation. Every Turn-Key Datacenter(TM) is built using the company's proprietary POD Architecture(TM) and uses metered power to ensure that clients pay only for the power that they use. Each Turn-Key facility is also managed via Digital Realty Trust's Critical Facilities Management(TM) program to ensure the maximum uptime of mission critical applications.

About Hosted Solutions

Hosted Solutions delivers enterprise class managed hosting and data center services to organizations with the need for highly available applications and infrastructure. Hosted Solutions robust line of managed services ensure industry leading network, infrastructure, and hardware uptimes enabling customers to reduce operating costs, focus on their core competencies, and achieve their top business objectives. The company operates five SAS 70 Type II certified Data Centers in Boston MA, Charlotte NC, Raleigh NC, and Cary NC providing world class data center operations with hardened physical infrastructure, security, and a complete managed services portfolio. For more information visit http://www.hostedsolutions.com/.

About Digital Realty Trust, Inc.

Digital Realty Trust, Inc. owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter(TM) and Powered Base Building(TM) datacenter solutions for domestic and international tenants across a variety of industry verticals ranging from information technology and internet enterprises, to manufacturing and financial services. Digital Realty Trust's 70 properties, excluding one property held as an investment in an unconsolidated joint venture, contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter tenants. Comprising approximately 12.3 million rentable square feet as of January 30, 2008, including 1.8 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 26 markets throughout North America and Europe. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com/.

Safe Harbor Statement

This press release contains forward-looking statements, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Such forward looking statements include statements related to Hosted Solutions' expansion within Digital Realty Trust's facilities. These risks and uncertainties include adverse economic or real estate developments in the Company's markets or the technology industry; general economic conditions; reduced IT spending, defaults on or non-renewal of leases by tenants; increased interest rates and operating costs; inability to manage domestic and international growth effectively; failure to obtain necessary outside financing; decreased rental rates or increased vacancy rates; difficulties in identifying properties to acquire and completing acquisitions at acceptable return levels; failure to successfully operate acquired properties and operations; failure of acquired properties to perform as expected; failure to successfully redevelop properties acquired for such purposes or unexpected costs related thereto; failure to maintain the Company's status as a REIT; environmental uncertainties and risks related to natural disasters; financial market fluctuations; changes in foreign currency exchange rates; risks of operating in foreign markets; and changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the United States Securities and Exchange Commission, or SEC, including the Company's annual report on Form 10-K for the year ended December 31, 2006, as updated by subsequent reports on Form 10-Q and Form 8-K filed with the SEC. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For Additional Information: A. William Stein Chief Financial Officer and Chief Investment Officer Digital Realty Trust, Inc. (415) 738-6500 Pamela A. Matthews Investor/Analyst Information Digital Realty Trust, Inc. (415) 738-6500 Chris Crosby Sales & Technical Operations Digital Realty Trust, Inc. (214) 231-1350

Digital Realty Trust, Inc.

CONTACT: A. William Stein, Chief Financial Officer and Chief Investment
Officer, +1-415-738-6500, or Pamela A. Matthews, Investor-Analyst Information,
both of Digital Realty Trust, Inc., +1-415-738-6500, or Chris Crosby, Sales &
Technical Operations, also of Digital Realty Trust, Inc., +1-214-231-1350

Web site: http://www.digitalrealtytrust.com/
http://www.hostedsolutions.com/

Selectica Reports 28% Revenue IncreaseContract Management Leads Growth for Third Quarter

SAN JOSE, Calif., Feb. 11 /PRNewswire-FirstCall/ -- Selectica, Inc. , a leading provider of enterprise contract management and sales configuration solutions, today announced financial results for the third fiscal quarter ended December 31, 2007.

Revenue for the third quarter of fiscal 2008 was $4.7 million, an increase of 28% from revenue of $3.7 million for the same period in the previous year. The increase in revenue is primarily due to higher sales of contract management solutions.

Net loss for the third quarter of fiscal 2008 was $1.2 million, or $0.04 per diluted share, which marks a significant improvement over the net loss of $8.1 million, or $0.27 per diluted share, reported for the same period in the previous year. Excluding restructuring charges, patent litigation settlement expense, and stock option investigation expense in both periods, non-GAAP net loss for the third quarter of fiscal 2008 was $0.3 million, or $0.01 per diluted share, compared to non-GAAP net loss of $1.8 million, or $0.06 per diluted share, for the same period of the prior year.

"We are very pleased with our performance during the quarter, as we exceeded the high end of our revenue expectations while continuing our focus on managing expenses," said Robert Jurkowski, Chairman and Chief Executive Officer of Selectica. "Our contract management solutions business continues to be a growth catalyst for the Company, with year-over-year revenue growth exceeding 300%. We also continued to revitalize our sales configuration business with the hiring of Michael Shaw as the General Manager of this business unit. Michael has an excellent track record in the software industry, including several years focusing on the sales configuration market, and we believe he is well suited to lead our efforts to re-engage with our installed base and generate new license revenue through our relationships with leading Systems Integrators."

Q3 Fiscal 2008 Highlights -- Added new contract management solutions customers in the biotech, healthcare, and IT services industries -- Sales configuration license and services revenues represented 51% and contract management solutions represented 49% of total revenues in the quarter -- Licenses represented 36% of total revenues in the quarter with professional services and maintenance representing 64% -- Gross margins were 77.9% in the quarter compared with 54.8% in the third quarter of fiscal 2007 -- Excluding restructuring, litigation settlement and stock option investigation expenses, total non-GAAP operating expenses were $3.5 million, or 74% of revenues, in the third quarter of fiscal 2008, compared with $4.8 million, or 132% of revenues, in the same period of the prior year -- At December 31, 2007, Selectica had $37.1 million in cash, cash equivalents and investments Outlook

For the fourth quarter of fiscal 2008, Selectica expects revenue to range from $4.2 million to $4.7 million, and net loss to range from $0.02 to $0.04 per diluted share.

Commenting on the outlook for Selectica, Mr. Jurkowski said, "We believe we have a great opportunity to build an exciting and profitable company. We have an excellent, referenceable customer base in both of our businesses, market leading products, and an experienced services organization that understands how to help customers derive value from our products. We believe that the missing ingredient has been a focus and investment in the Go-To-Market aspects of the business. We believe that the right investments will enable us to drive revenue growth to levels that will allow us to generate consistent profitability. The ultimate objective of this strategy is to enable Selectica to create increased value for our customers and build the most long-term value for our shareholders."

Conference Call and Webcast

Selectica will hold a conference call to discuss third quarter financial information today at 2:00 p.m. Pacific time/5:00 p.m. Eastern time. To access the call, dial 800-218-0530.

The conference call will also be webcast live via the Internet, and can be accessed on the investor relations section of the Company's website (http://www.selectica.com/). An archive of the webcast will be available in the same location shortly after the completion of the call.

About Selectica, Inc.

Selectica, Inc. provides its customers with software solutions that automate the complexities of enterprise contract management and sales configuration lifecycles. The company's high-performance solutions underlie and unify critical business functions including sourcing, procurement, governance, sales and revenue recognition. Selectica has been providing innovative, enterprise-class solutions for the world's largest companies for over 10 years and has generated substantial savings for its customers. Selectica customers represent leaders in manufacturing, technology, retail, healthcare and telecommunications, including: Accenture, ABB, ADP, Bell Canada, Cisco, Covad Communications, Fujitsu, General Electric, Fireman's Fund Insurance Company, IBM, Juniper Networks, Reliance Industries, Rockwell Automation, Tellabs, and Walt Disney. Selectica is headquartered in San Jose, CA. For more information, visit the company's Web site at http://www.selectica.com/.

Forward Looking Statements

The statements contained in this release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, including statements regarding Selectica's and its customers' expectations, beliefs, hopes, intentions or strategies regarding the future and expectations regarding performance improvements or increases in sales attributable to Selectica's existing and new products. All forward-looking statements included in this release are based upon information available to Selectica as of the date hereof, and Selectica assumes no obligation to update any such forward-looking statement. Actual results could differ materially from current expectations. Factors that could cause or contribute to such differences include, but are not limited to, (i) market and customer acceptance of Selectica products including the contract management and sales configuration products, (ii) the success of the ongoing restructuring of Selectica's operations, (iii) and potential regulatory inquiries and litigation relating to the review of past stock granting practices and the related restatement of the Company's financial statements and (iv) other factors and risks discussed in Selectica's Annual Report on Form 10-K for the fiscal year ended March 31, 2007 and in other reports filed by Selectica with the Securities and Exchange Commission.

Contact: At Financial Relations Board: Tony Rossi Investor Relations 213-486-6545 trossi@frbir.com SELECTICA, INC. Condensed Consolidated Statements of Operations (In thousands, except per share amounts) (Unaudited) Three Months Ended Nine Months Ended December December December December 31, 2007 31, 2006 31, 2007 31, 2006 Revenues: License $1,680 $439 $4,482 $1,200 Services 3,013 3,221 8,535 10,672 Total revenues 4,694 3,660 13,017 11,872 Cost of revenues: License 71 82 183 1,062 Services 966 1,571 2,869 6,014 Total cost of revenues 1,037 1,653 3,052 7,076 Gross profit 3,657 2,007 9,965 4,796 Operating expenses: Research and development 1,425 1,681 3,742 5,933 Sales and marketing 1,806 1,436 4,867 5,057 General and administrative 1,249 1,716 3,987 6,171 Litigation settlement 85 - 16,203 - Restructuring 503 5,784 1,165 5,784 Professional fees related to stock option investigation 380 482 3,528 482 Total operating expenses 5,448 11,099 33,492 23,427 Operating loss (1,791) (9,092) (23,527) (18,631) Interest and other income, net 618 1,033 2,486 2,633 Loss before provision for income taxes (1,173) (8,059) (21,041) (15,998) Provision for income taxes 67 22 311 86 Net loss $(1,240) $(8,081) $(21,352) $(16,084) Basic and diluted net loss per share $(0.04) $(0.27) $(0.75) $(0.54) Weighted average shares outstanding for basic and diluted net loss per share 28,430 29,832 28,415 30,608 SELECTICA, INC. Non-GAAP Condensed Consolidated Statements of Operations Excluding restructuring costs, option investigation fees and litigation reserves and payments (In thousands, except per share amounts) (Unaudited) Three Months Ended Nine Months Ended December December December December 31, 2007 31, 2006 31, 2007 31, 2006 Revenues: License $1,680 $439 $4,482 $1,200 Services 3,013 3,221 8,535 10,672 Total revenues 4,694 3,660 13,017 11,872 Cost of revenues: License 71 82 183 1,062 Services 966 1,571 2,869 6,014 Total cost of revenues 1,037 1,653 3,052 7,076 Gross profit 3,656 2,007 9,964 4,796 Operating expenses: Research and development 1,425 1,681 3,742 5,933 Sales and marketing 1,806 1,436 4,867 5,057 General and administrative 1,249 1,716 3,987 6,171 Total operating expenses 4,480 4,833 12,596 17,161 Operating loss (824) (2,826) (2,632) (12,365) Interest and other income, net 618 1,033 2,486 2,633 Loss before provision for income taxes (205) (1,793) (146) (9,732) Provision for income taxes 67 22 311 86 Non-GAAP net loss $(272) $(1,815) $(457) $(9,818) Basic and diluted net loss per share $(0.01) $(0.06) $(0.02) $(0.32) Weighted average shares outstanding for basic and diluted net income loss per share 28,430 29,832 28,407 30,608 Use of Non-GAAP Financial Information To supplement our consolidated financial statements presented on a GAAP basis, Selectica uses non-GAAP measures of operating results, net income and income per share, which are adjusted to exclude certain costs, expenses, and losses we believe appropriate to enhance an overall understanding of our past financial performance and also our prospects for the future. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or diluted net income per share prepared in accordance with generally accepted accounting principles in the United States. SELECTICA, INC. Reconciliation of GAAP to Non-GAAP Net Income (loss) (In thousands, except per share amounts) (Unaudited) Three Months Ended Nine Months Ended December December December December 31, 2007 31, 2006 31, 2007 31, 2006 GAAP net loss (1,240) (8,081) (21,352) (16,084) Non-GAAP adjustments: Litigation settlement 85 - 16,203 - Restructuring 503 - 1,165 5,784 Professional fees related to stock option investigation 380 - 3,528 482 Non-GAAP net loss $(272) $(8,081) $(456) $(9,818) Basic and diluted non-GAAP net loss per share $(0.01) $(0.27) $(0.02) $(0.32) Weighted average shares outstanding for basic and diluted non-GAAP net income loss per share 28,430 29,832 28,415 30,608 SELECTICA, INC. Condensed Consolidated Balance Sheets (In thousands) (Unaudited) December 31, March 31, 2007 2007 ASSETS Current assets Cash and cash equivalents $17,902 $30,165 Short-term investments 19,198 27,285 Accounts receivable 2,854 1,778 Prepaid expenses and other current assets 1,343 567 Total current assets 41,297 59,795 Property and equipment, net 2,064 1,992 Intangible assets 153 309 Other assets 492 531 Long-term investments - 1,009 Total assets $44,006 $63,636 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $809 $3,014 Accrued payroll and related liabilities 1,242 920 Other accrued liabilities 4,206 4,367 Deferred revenue 1,527 2,251 Total current liabilities 7,784 10,552 Other long term liabilities 6,959 3,171 Stockholders' equity 29,263 49,913 Total liabilities and stockholders' equity $44,006 $63,636 SELECTICA, INC. Condensed Consolidated Statements of Cash Flows (In thousands) (Unaudited) Nine Months Ended December 31, December 31, 2007 2006 Cash flows from operating activities: Net loss $(21,352) $(16,084) Adjustments: Depreciation 336 516 Amortization 156 156 Loss on disposal of property and equipment 1 1,064 Stock based compensation 693 1,009 Changes in assets and liabilities: Accounts receivables (1,076) 500 Prepaid expenses and other current assets (776) 1,400 Other assets 39 (136) Accounts payable (2,205) (719) Accrued payroll and related liabilities 322 (395) Other accrued liabilities and long term liabilities 3,627 4,810 Deferred revenue (724) (287) Net cash used in operating activities (20,959) (8,166) Cash flows from investing activities: Purchase of capital assets (308) (976) Proceeds from sale of fixed assets 6 36 Proceeds and investment in restricted investments 150 - Purchase of short-term investments (45,518) (36,330) Proceeds from maturities of short-term investments 53,795 60,144 Proceeds from maturities of long-term investments 1,009 703 Net cash provided by investing activities 9,134 23,577 Cash flows from financing activities: Purchase of treasury stock (21) (7,776) Proceeds from issuance of common stock - 177 Net cash used in financing activities (21) (7,599) Effect of exchange rate changes on cash (417) - Net increase (decrease) in cash and cash equivalents (12,263) 7,812 Cash and cash equivalents, beginning of period 30,165 12,628 Cash and cash equivalents, end of period $17,902 $20,440

Selectica, Inc.

CONTACT: Tony Rossi, Investor Relations of Financial Relations Board,
+1-213-486-6545, trossi@frbir.com, for Selectica, Inc.

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

Hostopia Reports 42% Rise in Operating Income on Record Third Quarter Revenue

MISSISSAUGA, ON and FT. LAUDERDALE, FL, Feb. 11 /PRNewswire-FirstCall/ -- Hostopia.com Inc. (TSX: H), a leading provider of web services that enable small and medium-sized businesses to establish and maintain an Internet presence, today reported its unaudited financial results for the third quarter ended December 31, 2007. All figures are in U.S. dollars unless otherwise stated.

Highlights - Q3 revenue increased 29.8% year over year; 7.1% sequentially from Q2 - 31st consecutive quarter of increasing revenue - 17th consecutive quarter of positive operating income - Announced the launch of new Nexthaus mobile data synchronization applications - Closed 9 new customer contracts for web services, templates and mobile sync services - Added 8,000 end users

"We are pleased with our continued sequential revenue growth and the demonstrated earnings leverage our increased revenues bring," said Colin Campbell, Hostopia's CEO. "The Company showed strong revenue growth driven by the record 28,000 end user accounts we migrated onto our platform in the previous quarter and the net addition of a further 8,000 end users this quarter. The large end user increase year to date, combined with our backlog of website and email migrations, should result in a further improvement in our operating results over the remainder of the year."

Financial Results for the Third Quarter of Fiscal 2008

Revenues increased 29.8% to $7.3 million in the three months ended December 31, 2007, compared to the same period last year. This was the 31st consecutive quarter of higher revenues. Sequential revenue growth of 7.1% in the third quarter was primarily due to the migration of 28,000 end users onto the Hostopia platform in the previous quarter as well as the net addition of 8,000 end users this quarter. Two website template license contracts also contributed to the sequential revenue growth.

Gross profit of $6.3 million increased by $1.4 million compared to last year. Income before interest and income taxes was $643,000 up $189,000, compared to the third quarter of last year. This 42% increase in income before interest and income taxes was tempered by the $1.2 million increase in operating expenses resulting primarily from: (1) personnel costs associated with two new start-up units within Hostopia: Website Experts (website creation services) and the Nexthaus mobile syncing service, (2) higher amortization expenses related to the acquisition of licensed technology and Nexthaus' intellectual property, (3) increased operating costs and sales commissions related to the large end user migrations in the second quarter, and (4) the effect of the appreciation of the Canadian dollar on our Canadian dollar denominated expenses.

Income before income taxes of $950,000 was $320,000 higher than the same period last year because of improved operating profitability as well as $131,000 higher net interest income. As revenues continue to grow over the remainder of the year, both from our existing and expanding customer base as well as our expanded product offerings, we expect our income before interest and taxes will continue to improve.

Net income of $615,000 was $242,000 higher than the same quarter last year. Basic and diluted net income per common share were both $0.05 this quarter compared to $0.05 for basic and $0.04 for diluted net income per common share in the third quarter of last year. Net income per share was little changed as higher net income was offset by the increase in weighted average shares outstanding related to the Company's public offering of 4.83 million shares in the third quarter of last year and the exercise of 516,000 stock options this year.

"Telecoms today are looking to expand into the high-growth web services industry," said Mr. Campbell. "Hostopia is uniquely positioned to assist telecoms in this market with its comprehensive suite of value-add services that support small businesses who want to earn additional revenue using the Internet. New and planned additions to our suite of services include Website Experts, Mobile Sync and digital fax to e-mail. All of these services will support future revenue growth.

Mr. Campbell continued, "In addition we are looking to accelerate our growth through acquisitions that fully meet our strict investment criteria. We are committed to creating value for our shareholders in the coming quarters through both internal and external investment."

About Hostopia.com Inc.

Hostopia is a leading provider of web services that enable small and medium-sized businesses to establish and maintain an Internet presence. The company's customers are communication services providers, including telecommunication carriers, cable companies, internet service providers, domain registrars, and web hosting service providers. Hostopia's customers purchase its web services on a wholesale basis and resell these services under their own brands to small and medium-sized businesses. The company provides customers with the technology, infrastructure, and support services to enable them to offer web services, while saving them research and development as well as capital and operating costs typically associated with the design, development, and delivery of web services.

Forward-Looking Statements

This news release includes certain "forward-looking statements" and forward-looking information that are subject to risks, uncertainties and by the forward-looking statements. These forward-looking statements and forward-looking information include, but are not limited to, plans, objectives, expectations and intentions, growth trends and other statements contained in this press release that are not historical facts and statements identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" or words of similar meaning. These other factors that could cause actual results or outcomes to differ materially from those contemplated statements are based on our current beliefs or expectations and there are a number of important factors that could cause the actual results or outcomes to differ materially from those indicated by these forward-looking statements, including without limitation, our ability to maintain our sales efficiency, our ability to maintain our existing, and develop new, strategic relationships, the number of our net end-user additions, our monthly customer turnover and our ability to successfully integrate recently acquired businesses and operations and those risks set forth or referenced under the caption "Risk Factors" in Hostopia's Form 10-K for the year ended March 31, 2007. This filing is available on web sites maintained by the Securities and Exchange Commission at http://www.sec.gov/ and SEDAR at http://www.sedar.com/. Readers are cautioned not to place undue reliance on forward-looking statements as actual future results and events could differ materially from that expressed in the forward-looking statements. Hostopia does not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise.

------------------------------------------------------------------------- Conference Call Information Hostopia will hold its third quarter conference call on Monday, February 11, 2008 at 5:15 p.m. EST. Colin Campbell, Chief Executive Officer and Michael Mugan, Chief Financial Officer, will discuss financial results and performance for the three months ended December 31, 2007. To access the call, please dial 416-644-3415 or 1-800-732-9307. A replay of the conference call will be available as of 7:15 p.m. EST, Monday February 11, 2008 until midnight, Monday, February 18, 2008. To access the replay, call 416-640-1917 or 1-877-289-8525, followed by passcode 21260486, followed by the number sign.

To listen to live Webcast of the call please enter http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2146100 in your web browser

------------------------------------------------------------------------- Hostopia.com Inc. Consolidated Balance Sheets (Expressed in U.S. dollars) December 31, March 31, 2007 2007 ------------ ------------ (Unaudited) Assets Current assets: Cash and cash equivalents $26,016,795 $27,367,667 Trade accounts receivable, net of allowance for doubtful accounts of $224,953; (March 31, 2007 - $114,755) 3,100,073 1,320,422 Deferred tax assets 166,000 117,000 Prepaid expenses 393,550 377,242 Income taxes recoverable 1,341,741 - ------------ ------------ Total current assets 31,018,159 29,182,331 ------------ ------------ Property and equipment, net of accumulated amortization of $6,678,020; (March 31, 2007 - $5,163,911) 3,571,417 2,922,677 Other assets 65,074 60,997 Intangible assets, net of accumulated amortization of $2,519,945; (March 31, 2007 - $1,594,348) 2,414,837 1,690,284 Deferred tax assets 1,289,000 1,101,000 ------------ ------------ Total assets $38,358,487 $34,957,289 ------------ ------------ ------------ ------------ Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 527,538 $ 380,040 Accrued liabilities 1,265,939 705,229 Payroll and other taxes payable 36,930 34,956 Income taxes payable - 269,020 Current portion of deferred lease inducements 79,900 79,900 Deferred revenue 790,269 983,299 Current portion of long-term liability - 72,000 ------------ ------------ Total current liabilities 2,700,576 2,524,444 Deferred lease inducements 182,261 237,035 Long-term liability - 292,957 ------------ ------------ Total liabilities 2,882,837 3,054,436 ------------ ------------ Stockholders' equity: Capital stock Authorized: 30,000,000 common shares, par value $0.0001 Issued and outstanding 11,613,411 common shares (March 31, 2007 - 11,097,251 common shares) 217,120 217,069 Additional paid-in capital 33,142,987 31,054,703 Accumulated other comprehensive loss (43,881) (43,881) Retained earnings 2,159,424 674,962 ------------ ------------ Total stockholders' equity 35,475,650 31,902,853 ------------ ------------ Total liabilities and stockholders' equity $38,358,487 $34,957,289 ------------ ------------ ------------ ------------ Hostopia.com Inc. Consolidated Statements of Operations (Expressed in U.S. dollars) (Unaudited) Three months ended Nine months ended December 31, December 31, --------------------------------------------------- 2007 2006 2007 2006 ------------ ------------ ------------ ------------ Revenues Webhosting and applications services $ 6,869,526 $ 5,433,707 $19,498,231 $16,059,489 Other services 419,683 183,142 857,019 544,399 ------------ ------------ ------------ ------------ Total revenues 7,289,209 5,616,849 20,355,250 16,603,888 ------------ ------------ ------------ ------------ Cost of revenues Webhosting and applications services 894,180 624,834 2,477,510 1,825,514 Other services 66,365 84,963 234,620 254,066 ------------ ------------ ------------ ------------ Total cost of revenues 960,545 709,797 2,712,130 2,079,580 ------------ ------------ ------------ ------------ Gross profit 6,328,664 4,907,052 17,643,120 14,524,308 ------------ ------------ ------------ ------------ Expenses Sales and marketing(a) 1,498,140 1,259,359 4,352,426 3,606,616 Research and development(a) 1,084,361 773,901 2,939,238 2,268,885 Project management(a) 516,464 407,936 1,584,132 1,247,733 Technical support(a) 985,118 781,916 2,863,250 2,255,123 General and administrative(a) 737,299 541,285 1,971,248 1,363,966 Amortization of intangible assets 326,204 201,219 916,878 543,264 Amortization of property and equipment 537,827 487,310 1,514,109 1,338,253 ------------ ------------ ------------ ------------ 5,685,413 4,452,926 16,141,281 12,623,840 ------------ ------------ ------------ ------------ Income before the undernoted 643,251 454,126 1,501,839 1,900,468 ------------ ------------ ------------ ------------ Interest income 306,864 180,327 954,829 220,026 Interest (expense) - (4,206) (4,206) (12,618) ------------ ------------ ------------ ------------ 306,864 176,121 950,623 207,408 ------------ ------------ ------------ ------------ Income before income taxes 950,115 630,247 2,452,462 2,107,876 ------------ ------------ ------------ ------------ Income taxes (recovery) Current 283,000 343,000 1,205,000 1,090,000 Deferred 52,000 (86,000) (237,000) (274,000) ------------ ------------ ------------ ------------ 335,000 257,000 968,000 816,000 ------------ ------------ ------------ ------------ Net income $ 615,115 $ 373,247 $ 1,484,462 $ 1,291,876 ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ Net income per share Basic $ 0.05 $ 0.05 $ 0.13 $ 0.23 Diluted 0.05 0.04 0.13 0.18 ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ Weighted average number of common shares outstanding Basic 11,594,710 7,787,745 11,473,904 5,288,716 Diluted 11,674,748 8,951,380 11,600,738 7,340,008 ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ (a) Stock-based compensation is included in operating expenses as follows: Sales and marketing $ 31,672 $ 27,925 $ 95,055 $ 94,210 Research and development 40,491 4,468 98,600 15,074 Project management 3,944 2,467 13,014 8,322 Technical support 3,321 3,723 10,549 12,561 General and administrative 24,450 7,959 63,448 26,850 ------------ ------------ ------------ ------------ $103,878 $ 46,542 $ 280,666 $ 157,017 ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ Hostopia.com Inc. Consolidated Statements of Cash Flows (Expressed in U.S. dollars) (Unaudited) Nine months ended December 31, 2007 2006 ------------ ------------ Cash flows from operating activities: Net income $ 1,484,462 $ 1,291,876 Items which do not involve cash: Amortization 2,439,706 1,881,517 Stock-based compensation 280,666 157,017 Excess tax benefits from stock-based compensation (350,000) - Non-cash interest 4,206 12,618 Deferred income taxes (237,000) (446,350) Deferred lease inducements (54,774) (43,921) Change in operating assets and liabilities Trade accounts receivable (1,779,651) (393,635) Prepaid expense (16,308) (211,319) Accounts payable 147,498 422,860 Accrued liabilities 560,710 214,340 Payroll taxes and other taxes payable 1,974 (17,521) Income taxes payable (1,260,761) 13,000 Deferred revenue (193,030) (119,080) ------------ ------------ Cash flows from operating activities 1,027,698 2,761,402 ------------ ------------ Cash flows from (used in) financing activities: Issue of common shares on exercise of stock options 1,422,811 1,799 Issue of common shares on exercise of warrants 192,000 Issue of common shares on initial public offering 21,965,578 Refund of initial public offering expenses 34,858 Repayment of long-term liabilities (369,163) (126,326) Excess tax benefits from stock-based compensation 350,000 - ------------ ------------ Cash flows from (used in) financing activities 1,438,506 22,033,051 ------------ ------------ Cash flows from investing activities: Acquisition of property and equipment (2,162,849) (1,343,096) Acquisition of intellectual property (1,650,150) (793,175) ------------ ------------ Cash flows from investing activities (3,812,999) (2,136,271) ------------ ------------ Effect of currency translation on cash balances (4,077) (36) ------------ ------------ Increase (decrease) in cash and cash equivalents (1,350,872) 22,658,146 Cash and cash equivalents, beginning of period(1) 27,367,667 3,038,217 ------------ ------------ Cash and cash equivalents, end of period $26,016,795 $25,696,363 ------------ ------------ ------------ ------------ Supplemental cash flow information: Interest paid $ - $ - Income taxes paid 1,900,428 1,249,350 ------------ ------------ ------------ ------------ ----------------------------------- (1) Cash and cash equivalents consists primarily of an amount invested in a highly rated money market mutual fund, as well as cash on deposit and bank certificates of deposit.

Hostopia.com Inc.

CONTACT: Michael Mugan, Chief Financial Officer, Hostopia.com Inc., Tel:
(416) 883-6727; Gordie Campbell, Investor Relations, Hostopia.com Inc., Tel:
(877) 444-4116, Email: invest@hostopia.com

Rockford Fosgate Turns Up the Volume for 2008 Chicago Auto Show

TEMPE, Ariz., Feb. 11 /PRNewswire-FirstCall/ -- Rockford Corp. announced its high-performance audio products were selected for use in four exciting new Suzuki show vehicles, including three Equator midsize pickup truck concepts unveiled at this year's Chicago Auto Show. Rockford Fosgate, the world's leader in aftermarket mobile audio, designed three unique audio systems for the trio of Suzuki Equators, and an over-the-top show system in the SXForce, a motorcycle-themed concept based on the 2008 four-door SX4 Sport. The concept vehicles deliver varying degrees of the dynamic Rockford Fosgate sonic experience.

Equator Quay

Built to reflect the boating and watersports lifestyles, Quay features a popular aftermarket audio upgrade solution from Rockford Fosgate. The PUNCH(R) audio system required no major modifications to the truck and keeps all usable storage areas intact for a dramatic and stealthy audio upgrade. The system utilizes P162S 6" component loudspeakers in the front stock speaker locations and P163C 6" three-way speakers in the rear. Providing the clean music power is a PUNCH P400-4 amplifier mounted discreetly under the front seat.

Equator Quad

The outdoor enthusiast's dream vehicle, Quad channels the Suzuki Quad Runner ATV's appearance and spirit. The Quad's Rockford Fosgate audio system adds the Bluetooth wireless tuning control of 3SIXTY.2 and features nine speakers and 1000 watts of power. System design demanded high-performance aftermarket sound while retaining an unaltered look and all available storage space to be kept intact. A T400-4 amplifier mounted behind the rear seat provides crystal clear full range sound driving front and rear 51/4-inch Power Series loudspeakers mounted into stock speaker locations behind factory trim. Quad is outfitted with a single enclosure loaded with one 10" shallow profile subwoofer to generate the deep bass that gives music that sense of power. The enclosure was fabricated to reside unobtrusively under the rear seat and is driven by a T500-1 Power Series amplifier, tucked out of sight.

Equator RMZ-4

Inspired by Suzuki's performance motocross motorcycles, the RMZ-4 is an eye-catching, capable truck built on a crew cab platform. The Rockford Fosgate sound system in the RMZ-4, designed for all-out performance and attention, is capable of generating incredibly high output levels while remaining clear and detailed. Genuine Rockford Fosgate bass is provided by two P3SD210 shallow mount 10-inch long-throw subwoofers housed in a hand-sculpted enclosure under the rear seats. Custom fabricated speaker pods in the front and rear each contain a set of T152S component speakers generating natural, clear acoustics. A custom floorboard amplifier rack is home to a T1500-1bd subwoofer amplifier and T600-4 amplifier, together generating more than 2 Kilowatts of power. The 3SIXTY.2 processor provides Bluetooth wireless tuning control over this mobile sound masterpiece

SXForce

The SXForce is a sportbike-inspired concept vehicle based on the 2008 SX4 Sport. Rockford Fosgate audio treatments helped push this wild concept vehicle over the edge by adding an earth-shattering audio system built to grab looks and shake things up. SXForce is a prime example of what can be done when the best of high-end audio components and creative minds come together. The rear seating area has given way to an audacious stereo system anchored by a custom formed and painted fiberglass subwoofer enclosure housing three of Rockford's legendary long throw subwoofers driven by a T1500-1bd amplifier. Front and rear full range sound is made through Power Series 6" component loudspeakers mounted visibly in the doors, powered by a T600-4 amplifier. More than 2 Kilowatts of power and 11 speakers ensure this concept car is never overlooked, or unheard.

About Rockford Corporation (http://www.rockfordcorp.com/)

Rockford is a designer, manufacturer and distributor of high-performance audio systems for the mobile audio aftermarket and for the OEM market. Rockford's mobile audio products are marketed primarily under the Rockford Fosgate, Rockford Acoustic Design and Lightning Audio brand names.

Brand websites include: http://www.rockfordfosgate.com/, http://www.rockfordacousticdesign.com/, http://www.lightningaudio.com/ and http://www.installedge.com/.

Rockford Corporation

CONTACT: Joe Dahlquist, OEM Marketing Specialist of Rockford
Corporation, +1-480-444-3237, Joe.dahlquist@rockfordcorp.com

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

Bally Technologies to Report Second Quarter Fiscal 2008 Results on Wednesday, February 13 and Host Conference Call and Webcast

LAS VEGAS, Feb. 11 /PRNewswire-FirstCall/ -- Bally Technologies, Inc. , a leader in slots, video machines, casino management systems and networked solutions for the global gaming industry, will release its second quarter fiscal 2008 results after the market closes on Wednesday, February 13 and will also host a conference call and webcast beginning at 4:30 p.m. EST (1:30 p.m. PST). The public is invited to both the call and webcast.

The conference-call dial-in numbers are 866-761-0749 or 617-614-2707 (passcode: Bally) and the webcast can be accessed by visiting http://www.ballytech.com/ and selecting "Investor Relations." Interested parties should initiate the call and webcast process at least five minutes prior to the beginning of the presentation. For those who miss this event, an archived version will be available at http://www.ballytech.com/ until Thursday, March 13, 2008.

About Bally Technologies, Inc.

With a history dating back to 1932, Las Vegas-based Bally Technologies designs, manufactures, operates and distributes advanced gaming devices, systems and technology solutions worldwide. Bally's product line includes reel-spinning slot machines, video slots, wide-area progressives, and Class II, lottery and central determination games and platforms. As the world's No. 1 gaming systems company, Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. The Company also owns and operates Rainbow Casino in Vicksburg, Miss. Additional Company information, including the Company's investor presentations, can be found at http://www.ballytech.com/.

This news release may contain "forward-looking" statements within the meaning of the Securities Act of 1933, as amended, and is subject to the safe harbor created thereby. Such information involves important risks and uncertainties that could significantly affect the results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements. Future operating results may be adversely affected as a result of a number of risks that are detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the information in this press release and represents that the information is only valid as of today's date.

Investor Contact: Robert Caller Media Contact: Laura Olson-Reyes (702) 584-7982 (702) 584-7742 rcaller@ballytech.com lolson-reyes@ballytech.com

Bally Technologies, Inc.

CONTACT: Investors, Robert Caller, +1-702-584-7982,
rcaller@ballytech.com, or Media, Laura Olson-Reyes, +1-702-584-7742,
lolson-reyes@ballytech.com, both of Bally Technologies, Inc.

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

Time Warner Telecom Reports Solid Fourth Quarter 2007 Results- Grew 2007 revenue by 33% and M-EBITDA by 19% for the year -- Expanded quarterly M-EBITDA margin to 33.4% -- Demand from enterprise customers remains strong -

LITTLETON, Colo., Feb. 11 /PRNewswire-FirstCall/ -- Time Warner Telecom Inc. , a leading provider of managed voice and data networking solutions for business customers, today announced its fourth quarter 2007 financial results, including $279.5 million of revenue, $93.3 million in Modified EBITDA(1) ("M-EBITDA") and a net loss of $5.3 million. For the year ended December 31, 2007, the Company reported $1.084 billion in revenue, $339.0 million of M-EBITDA, and a net loss of $40.3 million.

"This was a transformational year for TWTC, which included achieving major growth in our revenue stream and combining our acquired business including integrating all major support systems and accelerating product capabilities in our new markets, all while maintaining our focus on driving growth and profitability in the business," said Larissa Herda, Time Warner Telecom's Chairman, CEO and President. "We continue to invest and manage the business with a long-term perspective. Our efforts are focused on leveraging our national footprint and robust product portfolio to drive further penetration of the enterprise market place and grow our market share. We have never been stronger in terms of our financial position, talent or capabilities and we ended the year with the momentum of strong enterprise demand."

Highlights for the Quarter For the quarter ending December 31, 2007, the Company -- -- Grew total revenue 17% year over year and 2% sequentially -- Grew enterprise revenue 29% year over year and 3% sequentially -- Grew enterprise revenue to 71% of total revenue for the quarter -- Grew data and Internet revenue 39% year over year and 6% sequentially -- Produced $93.3 million of M-EBITDA and a 33.4% M-EBITDA margin -- Delivered $8.1 million of levered free cash flow(5), which is net of $6.1 million for integration and branding expenditures and investments, or $14.2 million. Excluding these items, generated a 5% levered free cash flow margin Full year 2007 results compared to 2006

For the year 2007, the Company grew the business based on strong organic growth and the impact of its acquired operations(2), scaling the business with the following accomplishments:

-- Exceeded a one billion dollar milestone with revenue of $1.084 billion. Grew total revenue $271.3 million or 33% for the year -- Grew enterprise revenue to $747.7 million, a 49% increase, and grew carrier revenue to $291.4 million, a 7% increase -- Grew M-EBITDA to $339.0 million, an increase of $53.0 million, or 19% -- Achieved modified gross margin(9) of 57.0% and M-EBITDA margin of 31.3% -- Narrowed the net loss by 59% to $40.3 million from $98.8 million in the prior year, or a decrease in loss per share to $.28 from $.80 per share in the prior year -- Achieved levered free cash flow of $5.7 million compared to $15.2 million for 2006. Excluding integration and branding costs for both years of $37.0 million and $6.8 million, respectively, levered free cash flow increased 94% to $42.7 million for 2007 from $22.0 million in 2006 Year over Year Results - Fourth Quarter 2007 compared to Fourth Quarter 2006 Revenue

Revenue for the quarter was $279.5 million, including 3 months of acquired revenue, as compared to $238.8 million for the fourth quarter of 2006, including 2 months of acquired revenue. Revenue for the quarter represented a year over year increase of $40.7 million, or 17%. Key changes in revenue(3) included:

(Enterprise and Carrier results are before the impact of the reclassification of certain taxes and fees(3)) -- $40.6 million increase in revenue from enterprise customers, which included strong organic growth and the impact of the acquired operations -- $2.5 million decrease in revenue from carriers, including strong organic growth and the impact of the acquired operations, offset by disconnects, and repricing of contract renewals, including $3.1 million due to disconnects from one wireless customer -- $1.5 million decrease in intercarrier compensation related to discontinuance of certain non-supported acquired products, as well as regulatory and contractual rate decreases -- $4.1 million increase to account for certain taxes and fees on a gross versus net basis(3) By product line, the percentage change in revenue year over year was as follows: -- 39% increase for data and Internet services(6), which included strong organic growth due to success with Ethernet and IP-based product sales and the impact of the acquired operations -- 24% increase for voice services(7), which included strong growth due to bundled and other voice product sales and the impact of the acquired operations -- 2% increase for network services(8) which included strong organic growth and the impact of the acquired operations, offset by disconnects and repricing of contract renewals -- 13% decrease in intercarrier compensation related to rate and product changes M-EBITDA and Margins

M-EBITDA grew to $93.3 million from $80.2 million for the quarter, a 16% increase over the same period last year primarily reflecting strong revenue growth and the impact of the acquired operations for three months in 2007 versus two months in 2006, and related cost synergies. M-EBITDA included $1.4 million of integration and branding costs in the quarter, and $2.3 million in the same period last year.

Operating costs increased primarily reflecting the impact of the acquisition, including one extra month of operations this quarter versus the same period last year, and related increased network access costs associated with additional sales, which were partially offset by integration cost synergies and the change in 2007 to present certain taxes and fees on a gross versus net basis. Selling, general and administrative costs ("SG&A") increased primarily reflecting the impact of the acquired operations as well as increased incentive-based compensation for sales employees, non-cash stock based compensation, and bad debt expense. Bad debt expense increased to $2.2 million for the quarter from $1.4 million for the same period of last year, representing less than 1% of quarterly revenue for both periods. SG&A as a percent of revenue was 26% for the current period as compared to 27% for the same period last year.

M-EBITDA margin was 33.4% for the quarter as compared to 33.6% for the same quarter last year. Modified gross margin was 57.7% for the current quarter compared to 59.2% for the same period last year. The difference in margins between periods primarily reflects higher access costs related to the acquired operations and the margin impact to present certain taxes and fees on a gross versus net basis, partially offset by the benefit of integration synergies.

The Company utilizes a fully burdened modified gross margin, including network costs, and personnel costs for customer care, provisioning, network maintenance, technical field and network operations, excluding non-cash stock-based compensation expense.

Net Loss

The Company's net loss was $5.3 million, a loss of $.04 per share for the quarter compared to a net loss of $24.8 million, a loss of $.18 per share for the fourth quarter of 2006. The net loss narrowed primarily reflecting strong M-EBITDA growth in the current quarter, and debt extinguishment costs in the fourth quarter of last year that did not recur, offset by an increase in depreciation expense related to both the acquired assets and new capital expenditures placed in service, which was net of the impact of a change in estimated useful lives of certain fiber assets.

Sequential Results - Fourth Quarter 2007 compared to Third Quarter 2007 Revenue

Revenue for the quarter was $279.5 million, as compared to $274.8 million for the third quarter of 2007, an increase of $4.7 million, or 2%. Key changes in revenue(3) included:

(Enterprise and Carrier results are before the impact of the reclassification of certain taxes and fees(3)) -- $6.1 million increase in revenue from enterprise customers, net of a $1.4 million decline related to revenue from the mortgage industry as well as a fluctuation in disputes. Enterprise revenue grew 4.0%, excluding this mortgage industry impact -- $.5 million decrease in revenue from carrier customers -- $1.2 million decrease in intercarrier compensation related to a discontinuance of certain non supported acquired products, as well as regulatory and contractual rate decreases -- $.3 million increase to account for certain taxes and fees on a gross versus net basis(3) By product line, the percentage change in revenue sequentially was as follows: -- 6% increase for data and Internet services, due to success with Ethernet and IP based product sales -- 3% increase for voice services, due to strong bundled and other voice product sales -- 1% decrease in network services primarily due to customer disconnects -- 11% decrease in intercarrier compensation related to rate and product changes M-EBITDA and Margins

M-EBITDA was $93.3 million for the quarter, as compared to $86.4 million for the prior quarter, an 8% increase or $6.9 million. M-EBITDA margin was 33.4% for the quarter, as compared to 31.5% in the prior quarter. The change in M-EBITDA and M-EBITDA margin primarily reflects revenue growth and integration cost synergies partially offset by growth in costs to support the Company's revenue growth. Excluding branding and integration costs from both periods of $1.4 million and $1.2 million, respectively, M-EBITDA margin expanded to 33.9% from 31.9% sequentially.

Operating costs as a percent of revenue were approximately 43% for both quarters. Operating costs included integration cost synergies offset by other operating cost increases. SG&A costs were 26% of revenue for the current quarter as compared to 28% for the prior quarter, primarily reflecting a decrease in property taxes and legal and regulatory costs.

Net Loss

The Company's net loss was $5.3 million, a loss of $.04 per share for the quarter compared to a net loss of $11.6 million, or a loss of $.08 per share for the prior quarter. The decrease in net loss per share primarily reflects strong M-EBITDA growth offset by an increase in depreciation expense related to new capital expenditures placed in service.

M-EBITDA Margin Outlook

"In concert with our long-term perspective, we continue to invest in the business, and drive new sales opportunities, while balancing revenue growth, margins and cash flow," said Mark Peters, Time Warner Telecom's Executive Vice President and Chief Financial Officer. "We will continue to use this balanced approach as we remain focused on achieving mid-30% M-EBITDA margins during the summer of 2008."

As in the past, the Company expects future quarterly margins will be impacted by the timing of sales, installations, seasonality and other normal business fluctuations, as well as integration synergies and costs. The Company expects the first quarter of 2008 will be impacted by the historical trends which includes a sequential cost increase due to resetting of payroll taxes and merit raises, and lower seasonal revenue growth associated with less selling days in the fourth quarter. The Company expects a first quarter of 2008 sequential cost increase for payroll taxes and merit raises totaling $4 to $5 million.

Monthly revenue churn was 1.0% for both the current and prior quarter, as compared to 1.3% for the same quarter last year. The Company continues to expect normal business fluctuations, such as the timing of sales and installations, seasonality, disputes, repricing of contract renewals and ongoing revenue churn, which includes the impact from carrier customers related to their merger activities and network grooming.

Time Warner Telecom has the right to use its current name until the end of June 2008. The Company expects to spend $6 to $7 million in 2008 for branding related costs, which includes up to $2 million in capital expenditures associated with the name change.

Capital Expenditures

Excluding integration investments, capital expenditures were $61.8 million for the fourth quarter, compared to $52.8 million for the prior quarter and $52.3 million for the same period last year. For the year 2007 and 2006 capital expenditures, excluding integration, were $229.4 million and $189.2 million, respectively. Integration capital expenditures were $30.1 million for 2007 as compared to $3.5 million for 2006. For 2008, the Company expects to spend $10 to $14 million on integration and branding, and $240 to $260 million for its general operations which will primarily be used to fund growth opportunities.

Summary

"We continue to compete well for enterprise opportunities due to our strong value proposition that combines lower cost of ownership product solutions with our focus on customer service. This strategy has helped us to drive sales momentum, grow cash flow, and capture market share. We remain focused on leveraging our national footprint and robust product portfolio to further penetrate the enterprise market place," said Herda.

Time Warner Telecom Inc. plans to conduct a webcast conference call to discuss its earnings results on February 12 at 9:00 a.m. MST (11:00 a.m. EST). To access the webcast and the financial and statistical information to be discussed in the webcast, visit http://www.twtelecom.com/ under "Investor Relations."

(1) The Company uses a modified definition of EBITDA to eliminate certain non-cash and non-operating income or charges to earnings to enhance the comparability of its financial performance from period to period. Modified EBITDA (or "M-EBITDA") is defined as net income or loss before depreciation, amortization, accretion, impairment charges and other gains and losses, interest expense, debt extinguishment costs, interest income, income tax expense or benefit, cumulative effect of change in accounting principle, and non-cash stock-based compensation expense. (2) Acquired operations are defined as the results of the acquisition of Xspedius Communications, LLC since October 31, 2006. (3) In 2007 the Company revised its presentation for certain state and regulatory taxes and fees billed to customers by presenting them on a gross versus net basis. This has no impact on M-EBITDA or net income, but increased revenue and operating expenses and decreased the modified gross and M-EBITDA margins. (4) The Company defines unlevered free cash flow as Modified EBITDA less capital expenditures. Unlevered free cash flow is reconciled to Net Cash provided by (used in) operating activities in the supplemental information posted on the Company's website. (5) The Company defines levered free cash flow as Modified EBITDA less capital expenditures and net interest expense from operations (but excludes debt extinguishment costs). Levered free cash flow is reconciled to Net Cash provided by (used in) operating activities in the supplemental information posted on the Company's website. See the Supplemental Earnings information at http://www.twtelecom.com/ for more details on Levered Free Cash Flow margin and Levered Free Cash Flow margin excluding integration and branding costs. (6) Data and Internet services include services that enable customers to connect their internal computer networks and to access external networks, including Internet at high speeds using Ethernet protocol. Services include metro and wide area Ethernet, virtual private network solutions and Internet access. (7) Voice services contain traditional and next generation voice capabilities, including voice services from stand alone and bundled products, long distance, 800 services, and VoIP. (8) Network services include transmission speeds up to OC 192 to carrier and enterprise customers. These services transmit voice, data, image, as well as enable transmission for storage, using state-of-the-art fiber optics. (9) The Company defines modified gross margin as Total Revenue less operating costs excluding non-cash stock-based compensation expense. Modified gross margin is reconciled to gross margin in the financial tables. Financial Measures

The Company provides financial measures using generally accepted accounting principles ("GAAP") as well as adjustments to GAAP measures to describe its business trends, including Modified EBITDA. Management believes that its definition of Modified EBITDA (see above) is a standard measure of operating performance and liquidity that is commonly reported and widely used by analysts, investors, and other interested parties in the telecommunications industry because it eliminates many differences in financial, capitalization, and tax structures, as well as non-cash and non-operating income or charges to earnings. Modified EBITDA is not intended to replace operating income (loss), net income (loss), cash flow, and other measures of financial performance and liquidity reported in accordance with GAAP. Management uses Modified EBITDA internally to assess on-going operations and it is the basis for various financial covenants contained in the Company's debt agreements. Modified EBITDA is reconciled to Net Loss, the most comparable GAAP measure, within the Consolidated Operations Highlights and in the supplemental information posted on the Company's website.

In addition, management uses unlevered and levered free cash flow, which measure the ability of M-EBITDA to cover capital expenditures. The Company uses these cash flow definitions to eliminate certain non-cash costs. Levered and unlevered free cash flow are reconciled to Net Cash provided by (used in) operating activities in the supplemental information posted on the Company's website. The Company also provides an adjustment to the measure gross margin by eliminating the impact of non-cash stock-based compensation expense related to the adoption of SFAS 123R. Management uses modified gross margin internally to assess on-going operations. Modified gross margin is reconciled to gross margin in the Consolidated Operations Highlights.

Forward Looking Statements

The statements in this press release concerning the outlook for 2008 and beyond, including expansion plans, growth prospects, expected margins, sales activity, timing of sales and installations, seasonality, disputes, repricing of contract renewals and ongoing revenue churn, expected cost synergies, integration and branding costs, integration activities and results and expected capital expenditures are forward-looking statements that reflect management's views with respect to future events and financial performance. These statements are based on management's current expectations and are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those in the forward looking statements include the risks summarized in the Company's filings with the SEC, especially the section entitled "Risk Factors" in its 2006 Annual Report on Form 10-K. Time Warner Telecom undertakes no obligations to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Time Warner Telecom

Time Warner Telecom Inc., headquartered in Littleton, Colo., provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP and security, to enterprise organizations and communications services companies throughout the U.S. As a leading provider of integrated and converged network solutions, Time Warner Telecom delivers customers overall economic value, quality service, and improved business productivity. Please visit http://www.twtelecom.com/ for more information.

Time Warner Telecom Inc. Consolidated Operations Highlights (Dollars in thousands) Unaudited (1) Three Months Ended Twelve Months Ended December 31, December 31, 2007 2006 Growth % 2007 2006 Growth % Revenue Network services $97,340 $95,892 2% $393,569 $355,996 11% Voice services 84,546 68,457 24% 327,246 201,968 62% Data and Internet services 87,489 62,849 39% 318,269 216,419 47% Service Revenue 269,375 227,198 19% 1,039,084 774,383 34% Intercarrier compensation 10,101 11,583 -13% 44,595 37,992 17% Total Revenue $279,476 $238,781 17% $1,083,679 $812,375 33% Expenses Operating costs 119,179 98,085 470,038 311,532 Gross Margin 160,297 140,696 613,641 500,843 Selling, general and administrative costs 72,846 64,300 296,638 228,485 Depreciation, amortization, and accretion 73,129 71,567 279,454 256,091 Operating Income 14,322 4,829 37,549 16,267 Interest expense (22,491) (23,317) (91,285) (98,238) Debt extinguishment costs - (11,097) - (36,874) Interest income 3,875 4,811 17,489 20,054 Other income/(loss) (607) - (3,022) - Loss before income taxes (4,901) (24,774) (39,269) (98,791) Income tax expense 391 21 1,000 28 Net Loss ($5,292) ($24,795) ($40,269) ($98,819) SUPPLEMENTAL INFORMATION TO RECONCILE MODIFIED GROSS MARGIN AND MODIFIED EBITDA Gross Margin $160,297 $140,696 $613,641 $500,843 Add back non-cash stock-based compensation expense 948 603 3,555 2,075 Modified Gross Margin 161,245 141,299 14% 617,196 502,918 23% Selling, general and administrative costs 72,846 64,300 296,638 228,485 Add back non-cash stock-based compensation expense 4,862 3,246 18,445 11,590 Modified EBITDA 93,261 80,245 16% 339,003 286,023 19% Non-cash stock-based compensation expense 5,810 3,849 22,000 13,665 Depreciation, amortization, and accretion 73,129 71,567 279,454 256,091 Net Interest expense 18,616 18,506 73,796 78,184 Debt extinguishment costs - 11,097 - 36,874 Other income/(loss) (607) - (3,022) - Income tax expense 391 21 1,000 28 Net Loss ($5,292) ($24,795) ($40,269) ($98,819) Modified Gross Margin % 57.7% 59.2% 57.0% 61.9% Modified EBITDA Margin % 33.4% 33.6% 31.3% 35.2% Free Cash Flow: Modified EBITDA $93,261 $80,245 $339,003 $286,023 Less: Capital Expenditures 66,587 55,805 259,527 192,679 Unlevered Free Cash Flow 26,674 24,440 79,476 93,344 Less: Net interest expense 18,616 18,506 73,796 78,184 Levered Free Cash Flow $8,058 $5,934 $5,680 $15,160 Costs included in M-EBITDA reported above (2) Integration costs $1,273 2,010 $5,577 2,829 Branding costs 81 290 $1,301 430 Total $1,354 $2,300 $6,878 $3,259 Expenditures included in Capital Expenditures above (2) Integration costs $4,783 $3,511 $30,092 $3,511 (1) For complete financials and related footnotes, please refer to the Company's SEC filings. (2) Represents costs to integrate the acquired operations and execute a branding plan. All amounts are included in the reported results above. Time Warner Telecom Inc. Consolidated Operations Highlights (Dollars in thousands) Unaudited (1) Three Months Ended December 31, September 30, 2007 2007 Growth % Revenue Network services $97,340 $98,669 -1% Voice services 84,546 82,475 3% Data and Internet services 87,489 82,359 6% Service Revenue 269,375 263,503 2% Intercarrier compensation 10,101 11,290 -11% Total Revenue $279,476 $274,793 2% Expenses Operating costs 119,179 118,412 Gross Margin 160,297 156,381 Selling, general and administrative costs 72,846 75,695 Depreciation, amortization, and accretion 73,129 71,580 Operating Income 14,322 9,106 Interest expense (22,491) (22,623) Interest income 3,875 4,528 Other income/(loss) (607) (2,415) Loss before income taxes (4,901) (11,404) Income tax expense 391 179 Net Loss ($5,292) ($11,583) SUPPLEMENTAL INFORMATION TO RECONCILE MODIFIED GROSS MARGIN AND MODIFIED EBITDA Gross Margin $160,297 $156,381 Add back non-cash stock-based compensation expense 948 897 Modified Gross Margin 161,245 157,278 3% Selling, general and administrative costs 72,846 75,695 Add back non-cash stock-based compensation expense 4,862 4,848 Modified EBITDA 93,261 86,431 8% Non-cash stock-based compensation expense 5,810 5,745 Depreciation, amortization, and accretion 73,129 71,580 Net Interest expense 18,616 18,095 Other income/(loss) (607) (2,415) Income tax expense 391 179 Net Loss ($5,292) ($11,583) Modified Gross Margin % 57.7% 57.2% Modified EBITDA Margin % 33.4% 31.5% Free Cash Flow Modified EBITDA $93,261 $86,431 Less: Capital Expenditures 66,587 59,254 Unlevered Free Cash Flow 26,674 27,177 Less: Net interest expense 18,616 18,095 Levered Free Cash Flow $8,058 $9,082 Costs included in M-EBITDA reported above (2) Integration costs $1,273 $1,208 Branding costs 81 14 Total $1,354 $1,222 Expenditures included in Capital Expenditures above (2) Integration costs $4,783 $6,423 (1) For complete financials and related footnotes, please refer to the Company's SEC filings. (2) Represents costs to integrate the acquired operations and execute a branding plan. All amounts are included in the reported results above. Time Warner Telecom Inc. Highlights of Results Per Share Unaudited (1)(2) Three Months Ended 12/31/07 9/30/07 12/31/06 Weighted Average Shares Outstanding (thousands) Basic and Diluted 146,120 145,174 136,182 Basic and Diluted Loss per Common Share ($0.04) ($0.08) ($0.18) 12/31/07 9/30/07 12/31/06 Common shares (thousands) Actual Shares Outstanding 146,542 145,602 142,815 Options (thousands) Options Outstanding 11,508 11,530 13,738 Options Exercisable 7,195 7,111 8,977 Options Exercisable and In-the-Money 3,034 2,958 4,526 (1) For complete financials and related footnotes, please refer to the Company's SEC filings. (2) Stock options, restricted stock units and convertible debt subject to conversion were excluded from the computation of weighted average shares outstanding because their inclusion would be anti-dilutive. Time Warner Telecom Inc. Condensed Consolidated Balance Sheet Highlights (Dollars in thousands) Unaudited (1) December September December 31, 2007 30, 2007 31, 2006 ASSETS Cash and equivalents, and short-term investments $321,531 $307,078 $309,453 Receivables 87,994 91,330 87,105 Less: allowance (12,018) (11,039) (13,182) Net receivables 75,976 80,291 73,923 Other current assets 22,164 27,124 31,297 Property, plant and equipment 3,022,752 2,959,945 2,771,631 Less: accumulated depreciation (1,727,852) (1,669,005) (1,477,519) Net property, plant and equipment 1,294,900 1,290,940 1,294,112 Other Assets 550,147 534,563 544,452 Total $2,264,718 $2,239,996 $2,253,237 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts payable $46,972 $39,786 $41,388 Deferred revenue 26,015 24,986 22,582 Accrued taxes, franchise and other fees 73,130 80,173 78,795 Accrued interest 16,707 9,874 16,984 Accrued payroll and benefits 36,560 37,216 34,688 Accrued carrier costs 50,898 39,187 49,806 Current portion of debt and lease obligations 7,337 6,950 6,679 Other current liabilities 30,647 31,240 33,584 Total current liabilities 288,266 269,412 284,506 Long-Term Debt and Capital Lease Obligations Floating rate senior secured debt - Term Loan B, due 1/7/2013 594,000 595,500 600,000 9 1/4% senior unsecured notes, due 2/15/2014 400,340 400,354 400,396 2 3/8% convertible senior debentures, due 4/1/2026 373,750 373,750 373,750 Capital lease obligations 9,565 9,027 8,491 Less: current portion (7,337) (6,950) (6,679) Total long-term debt and capital lease obligations 1,370,318 1,371,681 1,375,958 Long-Term Deferred Revenue 19,672 20,072 20,357 Other Long-Term Liabilities 20,237 20,322 19,768 Stockholders' Equity 566,225 558,509 552,648 Total $2,264,718 $2,239,996 $2,253,237 (1) For complete financials and related footnotes, please refer to the Company's SEC filings. Time Warner Telecom Inc. Condensed Consolidated Statements of Cash Flows (Dollars in thousands) Unaudited (1) Three Months Ended Year Ended 12/31/07 9/30/07 12/31/07 12/31/06 Cash flows from operating activities: Net Loss ($5,292) ($11,583) ($40,269) ($98,819) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation, amortization, and accretion 73,129 71,580 279,454 256,091 Stock-based compensation 5,810 5,745 22,000 13,665 Deferred debt issue, extinguishment costs and other 1,191 3,000 5,348 40,163 Changes in operating assets and liabilities: Receivables, prepaid expense and other assets 8,551 (4,130) (338) (18,161) Accounts payable, deferred revenue, and other liabilities 12,462 (6,247) (1,988) (18,381) Net cash provided by operating activities 95,851 58,365 264,207 174,558 Cash flows from investing activities: Capital expenditures (66,041) (58,633) (257,905) (192,269) Cash paid for acquisitions, net of cash acquired 183 4,015 2,580 (212,416) Purchases of investments - (74,295) (166,973) (425,671) Proceeds from maturities of investments 50,420 91,667 235,932 528,201 Proceeds from sale of assets and other investing activities (1,945) (25) (2,205) 1,232 Net cash used in investing activities (17,383) (37,271) (188,571) (300,923) Cash flows from financing activities: Net proceeds from issuance of common stock upon exercise of stock options and in connection with the employee stock purchase plan 7,198 6,910 31,846 46,404 Net (costs) proceeds from issuance of debt - - (850) 957,800 Retirement of debt obligations - - - (863,552) Payment of debt and capital lease obligations (1,620) (1,660) (6,654) (3,568) Net cash provided by financing activities 5,578 5,250 24,342 137,084 Increase in cash and cash equivalents 84,046 26,344 99,978 10,719 Cash and cash equivalents at the beginning of the period 237,485 211,141 221,553 210,834 Cash and cash equivalents at the end of the period $321,531 $237,485 $321,531 $221,553 Supplemental disclosures of cash flow information: Cash paid for interest $15,674 $30,068 $91,631 $115,604 Cash paid for debt extinguishment costs - - - $25,052 Addition of capital lease obligation $546 $621 $1,622 $410 Shares issued in merger with Xspedius Communications, LLC - - - $326,884 Summary of cash and cash equivalents and short-term investments: Cash and cash equivalents at end of the period $321,531 $237,485 $321,531 $221,553 Investments - 69,593 - 87,900 $321,531 $307,078 $321,531 $309,453 Supplemental information to reconcile capital expenditures: Capital expenditures per cash flow statement $66,041 $58,633 $257,905 $192,269 Addition of capital lease obligation 546 621 1,622 410 Total capital expenditures $66,587 $59,254 $259,527 $192,679 (1) For complete financials and related footnotes, please refer to the Company's SEC filings. Time Warner Telecom Inc. Selected Operating Statistics Unaudited (1) Three Months Ended 2006 Mar. 31 Jun. 30 Sept. 30 Dec. 31 Operating Metrics: Route Miles Metro 13,913 14,053 14,409 17,786 Regional 7,015 7,015 7,015 6,884 Total 20,928 21,068 21,424 24,670 Buildings (2) Fiber connected buildings, on-net 6,185 6,433 6,672 7,457 Networks Class 5 Switches 38 38 38 71 Soft Switches 34 35 35 35 Headcount Total Headcount 2,055 2,105 2,129 2,784 Sales Associates (3) 330 331 342 482 Customers Total Customers (4) 12,181 12,642 13,081 31,516 Three Months Ended 2007 Mar. 31 Jun. 30 Sept. 30 Dec. 31 Operating Metrics: Route Miles Metro 18,092 18,324 18,520 18,832 Regional 6,884 6,922 6,921 6,921 Total 24,976 25,246 25,441 25,753 Buildings (2) Fiber connected buildings, on-net 7,689 7,884 8,109 8,355 Networks Class 5 Switches 71 71 70 70 Soft Switches 35 35 35 36 Headcount Total Headcount 2,778 2,817 2,876 2,859 Sales Associates (3) 490 497 519 508 Customers Total Customers (4) 31,431 31,342 31,440 31,638 (1) For complete financials and related footnotes, please refer to the Company's SEC filings. (2) Fiber connected buildings (e.g. "on-net") represents customer locations to which the Company's fiber network is directly connected. (3) Includes Sales Account Executives and Customer Care Specialists. (4) Consolidated customer counts reflect higher churn for the acquired operations' customer segment as well as conversion of the acquired customer base to a common customer profile in the second quarter of 2007.

Time Warner Telecom Inc.

CONTACT: Investor Relations, Carole Curtin, +1-303-566-1000,
carole.curtin@twtelecom.com, or Media Relations, Bob Meldrum, +1-303-566-1354,
bob.meldrum@twtelecom.com, both of Time Warner Telecom Inc.

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

MSN Direct désormais disponible pour les appareils Windows Mobile

BARCELONE, Espagne, February 11 /PRNewswire/ --

- Les actualités, la météo et la bourse peuvent être consultées en bref sur MSN Direct à partir de la page principale de tout appareil Windows Mobile

Aujourd'hui au salon World Mobile Congress 2008, Microsoft Corp a annoncé la disponibilité d'un aperçu de la technologie permettant d'accéder au contenu de MSN Direct sur les appareils Windows Mobile.

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

Grâce à cet aperçu de la technologie, les clients peuvent avoir instantanément accès à des informations, telles la météo et les mises à jour boursières, les dernières actualités, le divertissement, les informations sportives et du domaine des affaires. Les informations sont présentées dans un format en bref et sont facilement accessibles à partir directement de la page d'accueil de l'appareil. Le contenu est automatiquement mis à jour de sorte que les clients puissent avoir un accès immédiat au contenu qui les intéresse le plus.

C'est la première fois que le contenu de MSN Direct est disponible sur les téléphones portables, et cela représente une nouvelle étape importante dans la mise à la disposition des clients du contenu de MSN Direct, là où ils ont déclaré en avoir le plus besoin >>, a affirmé Eric Lang, directeur général de l'initiative MSN Direct chez Microsoft. << Nous sommes enthousiastes quant aux possibilités offertes par cette application aux opérateurs mobiles, aux consommateurs et à l'industrie. >>

Après avoir installé l'aperçu de la technologie sur l'appareil, les clients peuvent sélectionner le contenu en fonction de sa pertinence et de leurs préférences. Pour des renseignements plus approfondis concernant les sujets qu'une personne explore, MSN Direct fournit des liens qui connectent les utilisateurs aux domaines pertinents du célèbre portail MSN Mobile. Ensemble, MSN Direct et MSN Mobile offrent aux utilisateurs en déplacement des options simples et rapides pour accéder à des informations de dernière minute.

<< L'aperçu de la technologie MSN Direct pour les appareils mobiles démontre clairement l'engagement de MSN à proposer des informations simples et utiles aux clients mobiles >>, a déclaré Alexander Gounares, vice-président du département publicité et commerce de Microsoft. Nous sommes heureux de proposer cet aperçu et attendons avec impatience du retour. >>

Le contenu de MSN Direct est fourni par nombre de partenaires de premier ordre tels que Foreca Ltd pour les informations météorologiques, Comstock Resources Inc pour les valeurs boursières, et MSNBC pour le large éventail d'actualités.

Les clients de Windows Mobile intéressés à télécharger l'aperçu de la technologie de MSN Direct peuvent utiliser l'une des méthodes suivantes :

-- Via un navigateur mobile. À partir du navigateur Web de leur téléphone portable, les utilisateurs vont sur http://phone.msndirect.com et suivent les instructions sur la page de téléchargement, puis ils installent MSN Direct. -- Via PC. Les utilisateurs téléchargent MSN Direct à partir de leur ordinateur et le copient sur leur téléphone au moyen de leur logiciel habituel (tel que ActiveSync). Sur l'appareil, ils cliquent sur le fichier de MSN Direct pour lancer l'installation.

L'application de MSN Direct est téléchargeable gratuitement ; elle requiert cependant des données de connectivité d'un opérateur sans fil, susceptible de facturer des frais supplémentaires. Les consommateurs devraient vérifier avec leur fournisseur sans fil pour les territoires couverts et les frais de service.

A propos de MSN Direct

MSN Direct, qui fait partie de l'initiative Smart Personal Objects Technology, est un service spécialisé sans fil qui propose aux clients des informations personnalisées. Toute personne intéressée à en savoir plus au sujet de MSN Direct peut consulter le http://www.msndirect.com

A propos de Microsoft

Fondée en 1975, Microsoft (Nasdaq : MSFT) est le leader mondial des logiciels, des services et des solutions qui aident les particuliers et les entreprises à pleinement réaliser leur potentiel.

A propos de Microsoft EMEA (Europe, Moyen-Orient et Afrique)

Microsoft est présente dans la région EMEA depuis 1982. Microsoft emploie plus de 16 000 personnes dans la région au sein de plus de 64 filiales, fournissant des produits et des services dans plus de 139 pays et territoires.

Le présent document ne sert qu'à des fins d'information. Microsoft Corp rejette toutes les garanties et les conditions concernant l'utilisation du présent document à d'autres fins. Microsoft Corp ne pourra, à aucun moment, être tenue responsable des dommages directs, indirects, particuliers ou consécutifs, ayant été occasionnés au cours d'une action contractuelle, d'une négligence, ou de toute autre action découlant de l'utilisation du présent document, ou qui y est liée. Aucun des propos contenus dans le présent document ne peut être interprété comme une forme quelconque de garantie.

Pour de plus amples renseignements concernant les appareils, les services, les prix, la couverture et la disponibilité de MSN Direct :

Consultez le http://www.msndirect.com.

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

Microsoft Corp

Elizabeth O'Connor, +1-425-638-7000, eoconnor@waggeneredstrom.com, ou Microsoft EMEA Response Centre, emearesponse@waggeneredstrom.com, tous deux de Waggener Edstrom Worldwide pour Microsoft Corp ; Note aux rédacteurs : Si vous êtes intéressés par la consultation d'informations supplémentaires sur Microsoft dans l'EMEA, veuillez visiter le http://www.microsoft.com/emea ou le centre de presse EMEA sur http://www.microsoft.com/emea/presscentre. Les liens Web, les numéros de téléphone et les titres étaient corrects lors de la publication mais peuvent avoir changé depuis. Pour plus d'information, les journalistes et les analystes peuvent contacter les personnes appropriées dont les coordonnées sont affichées sur http://www.microsoft.com/emea/presscentre/contactus.mspx. Si vous êtes intéressés par la consultation de plus amples informations concernant Microsoft Corp, veuillez aller à la page Web de Microsoft sur http://www.microsoft.com/presspass sur les pages d'informations sur l'entreprise de Microsoft ; Photo : NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO, AP Archive : http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com

SAP France to Implement Squeeze-Out of Business Objects Securities

WALLDORF, Germany and PARIS, Feb. 11 /PRNewswire-FirstCall/ -- SAP France S.A. ("SAP France") and SAP AG ("SAP") announced today that on February 18, 2008 SAP France, which as of February 8, 2008 owned 95.49% of Business Objects S.A. (Euronext Paris ISIN code: FR0004026250 - BOB) ("Business Objects"), will acquire the Business Objects securities that it does not already directly or indirectly own through a squeeze-out procedure with respect to the remaining publicly held shares and bonds convertible or exchangeable into new or existing shares ("ORNANEs"). In total, SAP France will acquire through the squeeze-out 2,861,724 shares representing 2.77% of the share capital and voting rights of Business Objects and 25,000 ORNANEs representing 0.23% of the outstanding ORNANEs.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a)

The French Autorite des marches financiers ("AMF") published today the timetable for the squeeze-out. On February 18, 2008, Business Objects shares and ORNANEs will be delisted from Euronext and all remaining minority interests, with the exception of treasury shares held by Business Objects and 23,849 shares subscribed for by minority shareholders through a plan d'epargne entreprise (company-sponsored employee savings plan), will cease to have an equity interest in Business Objects. Business Objects intends to request that Business Objects American depositary shares ("ADSs") be delisted from NASDAQ on February 19, 2008. Holders of Business Objects shares and ORNANEs subject to the squeeze-out will be entitled to receive consideration in the amount of euro 42.00 per share and euro 50.65 per ORNANE, respectively. Holders of ADSs will be entitled to receive consideration in the amount of the U.S. dollar equivalent of euro 42.00 per ADS, less any amount payable by the holder to the depositary of the ADR program.

Business Objects shares and ORNANEs subject to the squeeze-out will be transferred to SAP France on February 18, 2008. The total amount required for payment for the securities will be deposited by SAP France, net of fees, on such date in a blocked account opened for such purpose with BNP Paribas Securities Services, which will centralize the payment process. After the closing of individual bank accounts by Euroclear France, the account-holding institutions will credit the accounts of Business Object security holders with the payment owed to them. Any amounts for which the beneficiary is unknown will be retained by BNP Paribas Securities Services for a period of 10 years from the effective date of the squeeze-out. At the expiration of the 10-year period, any unclaimed amounts will be paid over to the Caisse des Depots et Consignations and will be held on behalf of the beneficiaries for their disposal.

As a result of the squeeze-out, on February 18, 2008, SAP France will own, directly or indirectly, 100% of the share capital and voting rights of Business Objects, less the 23,849 shares subscribed through the plan d'epargne entreprise.

About SAP

SAP is the world's leading provider of business software*. Today, more than 46,100 customers in more than 120 countries run SAP(R) applications -- from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver(R) technology platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at http://www.sap.com/)

(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

Copyright (C) 2007 SAP AG. All rights reserved.

SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

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f.hartmann@sap.com, or EST, Andy Kendzie, +1-202-312-3919,
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+49 (6227) 7-44872, investor@sap.com, or EST, Martin Cohen, +1-212-653-9619,
investor@sap.com, all of SAP AG

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

/C O R R E C T I O N -- Acrongenomics, Inc./In the news release, "Acrongenomics on Track to Acquire Molecular Vision" issued on 11 Feb 2008 07:28 EST, by Acrongenomics, Inc. (OTC Bulletin Board: AGNM) over PR Newswire, we are advised by a representative of the company that there are several changes to the original release and the version below should be used. Complete, corrected release follows:Acrongenomics on Track to Acquire Molecular VisionFirst Quarter Target Agreed

GENEVA, Switzerland, Feb. 11 /PRNewswire-FirstCall/ -- Acrongenomics, Inc. (OTCBB: AGNM), the Geneva based technology development group have agreed with Molecular Vision and Imperial Innovations a time line for the full acquisition of Molecular Vision. Following the initial acquisition of 10.9% of the shares of Molecular Vision announced earlier this month, it has now been agreed by all parties that the full acquisition of Molecular Vision will be completed before the end of Q1 2008.

Acrongenomics is an established company that identifies and then invests in groundbreaking technologies. In May 2006, the Company first identified the combination of microfluidics and light responsive polymers being developed by Molecular Vision as having the potential of completely revolutionising the Point of Care (PoC) diagnostics market. In a simple to use compact hand held device the analytical capabilities of a number of standard pieces of laboratory equipment can be duplicated. This means that a very wide range of diagnostic tests based on the same procedures that are used in the laboratory, will now be available to be undertaken in a physicians office, or even in the field if you were, for example, trying to identify an outbreak of infectious disease in farm animals. This wide utility was identified by Acrongenomics and resulted in them investing US $ 4.6million in Molecular Vision in order to build a prototype of the hand held device and undertake trials comparing the results obtained with the device with those obtained from standard pieces of equipment routinely used in Pathology Laboratories. The results of a comparative trial measuring creatinine in urine will be presented comparing the Molecular Vision device with the Siemens DCA 2000. These results have shown good correlation. A further comparative trial measuring vitamin C is underway and various blood based tests are being planned. Once these comparative trials are completed, the company will then commercialise the first diagnostic panel to monitor kidney function, followed by vitamin C monitoring.

Dr Dimitris Goundis, CEO of Acrongenomics commented: "Molecular Vision has an exceptional team working with a very exciting technology that we feel will become a very significant part of the US$11bn PoC market. Because of the compact and mobile nature of this technology, we see it as having much wider application than we envisaged when we made the initial investment to secure rights for kidney, cardiovascular and STD applications. We now see this as a standard unit that will be used in the hospital clinics, wards, operating theatres and emergency departments, indeed wherever quick results are required for rapid intervention at one end of the spectrum or for the convenience of the patient in the clinic or physicians office environment at the other end. However the true versatility of this device is such that the unit can be taken into the field, not only to support community based health initiatives, but also in homeland security and in the veterinary field where in situ testing for infectious disease could take place. Having seen all these applications open to the device it is now appropriate for us to protect our initial investment and take total control over the rapid commercialisation of this exceptional and versatile technology."

Dr Ian Campbell, CEO of Molecular Vision added: "Acrongenomics is an ideal partner to support the Company as we now have the guaranteed access to funding that will now allow the team to concentrate solely on generating comparative data for an increasing range of diagnostic tests. Since we first showcased the device in March of 2007 we have been able to improve the detection sensitivity 100-fold through a combination of optimised light sources, light detectors and filters, all of which are assembled at low cost, ideal for the point-of-care diagnostic market. We now need to show unequivocally that this system generates the same data with the same degree of accuracy as the standard laboratory based tests. This should be relatively straightforward as the tests are basically the same, but we have the advantage of using microfluidics making the device portable. We have worked with the team at Acrongenomics since 2006 and it is clear that they now understand the technology and have seen much wider markets that are open to that technology. We can concentrate on what we are good at and leave the corporate side to an equally expert team."

Notes for Editors

The global PoC testing market was estimated to be worth US$11.3 billion in 2007 and is growing at 11% a year. PoC testing accounts for approximately 34% of the US$33.6 billion global in-vitro diagnostic (IVD) testing market.

The two companies entered into a joint collaboration agreement in March 2006, to establish a highly sophisticated detection platform. In the initial agreement Acrongenomics had exclusive rights to the use of the product in the fields of Kidney Function, Cardiac Markers and Sexually Transmitted Diseases.

Molecular Vision continues to develop the technology and intellectual property portfolio and has filed an additional four patents during the period since the original agreement with Acrongenomics was signed.

An initial concept was developed into a PDA powered demonstrator in March 2007. By October 2007 the second generation device was a battery powered, fully portable unit complete with an LCD display. Before the end of Q1 2008 the PoC technology will be a robust standalone unit capable of measuring creatinine and vitamin C simultaneously in urine with the same level of accuracy and sensitivity to a pathology laboratory test using a multi-channel device in less than 5 minutes.

Work is underway on developing cardiac markers with preliminary data demonstrating that myoglobin at 100ng/ml can be detected by the system using a fluorescent immunoassay.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward- looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions. For further information concerning risks and uncertainties that may affect our future results, please review the disclosures contained in our latest filings with the SEC, including our most recent annual report on Form 10-KSB, and subsequent quarterly reports on Form 10-QSB. Other than as required by federal securities laws, we undertake no obligation to publicly update or revise any of our forward- looking statements, whether as a result of changed circumstances, new information, future events, or for any other reason occurring after the date of this news release.

About Acrongenomics:

Acrongenomics Inc. is a publicly traded company that focuses on investing in and commercializing novel technology platforms concerning the Life Sciences sector. Acrongenomics brings novel and realistic concepts to market by transforming scientific innovations into tangible, consumer-orientated applications. The company has its headquarters in Geneva, Switzerland.

About Molecular Vision:

Molecular Vision is an Imperial College spin-out company that develops low-cost diagnostic devices for use in the doctor's surgery and in the home. Its proprietary devices combine microfluidic chips with organic-semiconductor light-sources and photodetectors to provide lab-quality diagnostic tests in a miniaturised, easy-to-use, disposable format.

Acrongenomics, Inc.

Spare Backup Now Features Open File Support-Versatility of Spare Backup Software Extended-

PALM DESERT, Calif., Feb. 11 /PRNewswire-FirstCall/ -- Spare Backup, Inc. (BULLETIN BOARD: SPBU) announced today that it has enhanced its backup software product line to offer open file support.

With the new open file support capability files of all types whether open, locked or in-use files will automatically be backed up. Key applications such as SQL, Access, Exchange, Lotus Notes, Oracle, Word, Excel and other custom applications are now backed up without the need to specify that such action be taken. The new file support feature works with both Windows file systems (NTFS, FAT32) and network file systems. The support for networked environments includes the access to open, locked or in-use files over mapped network drives.

Commenting on this development, Mr. Cery Perle, CEO, stated, "Spare Backup continues to add to its already rich array of backup features to ensure that its Spare Backup user has the functionality that satisfies every conceivable need. We are adding to our list of features, and will be coming out with more updates in addition to this in the very near future."

About Spare Backup, Inc.

Spare Backup, Inc. specializes in helping consumers, small office/home office users, and small to mid-sized businesses protect their computer data quickly, automatically and cost-effectively. The company's flagship Spare Backup product is the first totally automated online backup service that intelligently selects, secures and stores files without any user intervention, automatically backing up documents, email, music, photos and other PC files on a continuous basis or according to the schedule of the user's choice. The company is headquartered in Palm Desert, Calif.

Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statement.

Spare Backup, Inc.

CONTACT: Robert Schatz of Wolfe Axelrod Weinberger Assoc. LLC,
+1-212-370-4500, fax, +1-212-370-4505, rob@wolfeaxelrod.com, for Spare Backup,
Inc.

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

Dan Johnson Appointed President of General Dynamics Information Technology

FALLS CHURCH, Va., Feb. 11 /PRNewswire-FirstCall/ -- General Dynamics announced today that, effective April 1, S. Daniel Johnson, 60, will become president of its General Dynamics Information Technology business unit. Johnson will report to Gerard J. DeMuro, General Dynamics executive vice president and group executive for Information Systems and Technology. Johnson will succeed Michael E. Chandler, who is retiring.

Johnson has been the executive vice president of operations for Fairfax, Va.-based General Dynamics Information Technology since 2006, and is responsible for day-to-day operations of the 16,000-person organization. Previously he was chief operating officer of Anteon Corp., which General Dynamics acquired in June 2006 and combined with an existing unit to create the current company. Johnson is a graduate of the U.S. Naval Academy and later completed a post-graduate degree at The George Washington University. He began his civilian career with KPMG in 1975, and eventually led all Department of Defense consulting for the firm. In 1997 he assumed responsibility for all government business for BearingPoint, Inc. Johnson joined Anteon Corp. as chief operating officer in 2003.

In making the announcement DeMuro said, "Dan is an able and talented leader who has a deep understanding of General Dynamics Information Technology's services, customers and opportunities. Building on the success that he and Mike Chandler have achieved since 2006, I am confident that General Dynamics Information Technology will continue to prosper by providing exceptional service and achieving high levels of customer satisfaction under Dan's leadership."

Chandler has been president of General Dynamics Information Technology since June 2006. Previously he was president of General Dynamics Network Systems, a Needham, Mass.-based unit that was combined with Anteon Corp. A graduate of Auburn University and the Naval Post Graduate School, Mike joined GTE Government Systems, a division GTE Corp., in 1985 after a 20-year career in the U.S. Navy. Chandler rose to become vice president and general manager of GTE's Electronic Systems Division, and was later selected to be vice president and general manager of GTE Worldwide Telecommunication Services. When General Dynamics acquired GTE's Government Systems Corp. in 1999, Chandler was named president of General Dynamics Worldwide Telecommunication Systems, which later became General Dynamics Network Systems.

"Mike has led General Dynamics Information Technology to become one of the industry's top-tier IT and professional-services companies," said DeMuro. "His many noteworthy accomplishments have contributed greatly to the success of General Dynamics and his leadership will be missed."

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 83,500 people worldwide and reported 2007 revenues of $27.2 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. More information about the company is available on the Internet at http://www.generaldynamics.com/.

General Dynamics

CONTACT: Rob Doolittle of General Dynamics, +1-703-876-3199, fax,
+1-703-876-3555, rdoolittle@gd.com

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

Raytheon Awarded $179 Million Add-On to U.K. e-Borders ContractRaytheon international leader in providing border security solutions

GARLAND, Texas, Feb. 11 /PRNewswire/ -- Raytheon Company has signed an addendum to the e-Borders contract it won in November 2007. Under the addendum, valued at 92 million pounds Sterling (approximately $179 million), a Raytheon-led team will provide the U.K. Home Office extended functionality and services for the program.

"We are off to a strong start on the e-Borders implementation, and we are pleased with the opportunity to provide additional services to the U.K. Home Office that further strengthen the effectiveness of our border solution," said Mike Keebaugh, president of Raytheon's Intelligence and Information Systems business. "We are very committed to this program and to its mission to deliver a secure border for U.K. citizens."

Keebaugh added, "Raytheon is on the leading edge of providing technology and management solutions to address infrastructure and border protection challenges across the globe. As effective visitor management continues to be a critical issue facing nations today, we are confident this will be a significant growth area for our company."

Raytheon is the prime contractor for the e-Borders consortium "Trusted Borders" that won the original contract signed in November 2007. The other members are Serco, Accenture, Detica, QinetiQ, Capgemini, and Steria.

Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 85 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.

Contact: Keith D. Little 703.849.1675

Raytheon Company

CONTACT: Keith D. Little of Raytheon Company, +1-703-849-1675

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

Verizon Wireless Completes $280 Million Network Enhancement in New York Metro AreaCustomers Continue to Benefit from Nation's Most Reliable Network; New York Metro, Northern and Central New Jersey Blanketed with Faster Wireless Broadband

ORANGEBURG, N.Y., Feb. 11 /PRNewswire/ -- Verizon Wireless today announced that it invested more than $280 million in 2007 to enhance its wireless network in the New York Metro region.

The investment, in New York City; Long Island; Rockland, Westchester and Putnam counties, and Northern and Central New Jersey, is part of more than $40 billion invested across the nation since the company was formed in 2000. Local network enhancements in 2007 included:

-- The activation of 146 new and upgraded cell sites to improve coverage and increase capacity. -- Upgrading 100 percent of the company's EV-DO network with faster Revision A technology enabling customers to upload critical business presentations and other large files five-to-six times faster than before with BroadbandAccess. -- Inauguration of V CAST Mobile TV featuring live content and other programming 24 hours-a-day from well-known entertainment brands including CBS Mobile, Comedy Central, ESPN Mobile TV, FOX Mobile, MTV, NBC 2GO, NBC News2GO and Nickelodeon. First offered in Manhattan, the service now covers all five boroughs, Long Island and large portions of Northern NJ.

"V CAST Mobile TV goes way beyond any other video offerings in the wireless market right now," said Mike Haberman, executive director of network for the NY Metro region. "Customers in a large part of the NY Metro area now can catch sporting events, breaking news, concerts and their favorite network TV shows -- not to mention make phone calls -- while on-the-go.

"Better yet, our high-speed BroadbandAccess service, also enhanced in 2007, equips Verizon Wireless business customers with a truly untethered mobile office experience, enabling them to wirelessly access the Internet, email and critical business data at the fastest wireless speeds available."

Other local network upgrades in 2007 included: -- Expanding the company's national handset test lab, located in Bedminster, NJ. The new 11,000 square foot facility is four times its original size and is designed to ensure that every device used on the company's network meets the highest standards of reliability and provides customers with the best possible wireless experience. -- Installing 18 permanent backup generators at cell sites and switching facilities to ensure network functionality during times of crisis. -- Deploying portable Cells on Wheels (COWs) to boost coverage for the New York City Marathon and Mets' games at Shea Stadium, the Breeder's Cup at Monmouth Park Racetrack and Scarlet Knights Football at Rutgers Stadium. COWs are fully-functional, generator-powered mobile cell sites that enhance coverage and capacity in a given area during special events.

Demand for Verizon Wireless services continued during the fourth quarter of 2007 when the company added 2 million new customers, and continued its industry-leading customer loyalty rates. Verizon Wireless now serves more than 65.7 million customers nationwide. During the fourth quarter, the company delivered nearly 45 billion text messages and completed 128 million downloads of music, videos, games ringtones, ringback tones and exclusive content, including 30 million video and music downloads.

"Our mission in 2008 is to keep perfecting our network so our customers can continue to depend on us for the best possible service every time they pick up their wireless device," Haberman said.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 65.7 million customers. The largest US wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, NJ, with 69,000 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.

BroadbandAccess speed claim is based on stationary tests with 5 MB FTP data files w/o compression and requires compatible EV-DO Rev. A device. BroadbandAccess is available to more than 240 million people in 248 major metros in the U.S. V CAST Mobile TV phone, coverage & add'l charges req'd for V CAST Mobile TV service. Offers & coverage, varying by service, not available everywhere. Network details and coverage maps.

Verizon Wireless

CONTACT: David Samberg of Verizon Wireless, +1-845-365-7212,
david.samberg@verizonwireless.com; or Kimberly Ancin, +1-845-429-3839,
kimberly.ancin@vivianipr.com, for Verizon Wireless

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

OTI to Present at the ROTH Capital Partners 20th Annual Growth Stock Conference

FORT LEE, N.J., Feb. 11 /PRNewswire-FirstCall/ -- On Track Innovations Ltd. (OTI) , a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, today announced that it will be presenting at the ROTH Capital Partners 20th Annual Growth Stock Conference on Wednesday, February 20, 2008 at 8:00am Pacific Time. The conference will be held at the Ritz Carlton Laguna Niguel Hotel in Dana Point, CA.

To schedule one-on-one meetings with management please contact Roth Capital Partners or visit the conference website at http://rothconference.com/.

On Track Innovations Ltd. (OTI) is a leading contactless smart card solutions provider. Applications developed by OTI include product solutions for:

1. SmartID -- End-to-end in-house national ID cards, e-passports and medical card solutions. 2. Payments -- Cashless solution for small ticket items. 3. EasyFuel -- Fuel management and petroleum solution. About OTI

Established in 1990, OTI (NASDAQ GM: OTIV) designs, develops and markets secure contactless microprocessor-based smart card technology to address the needs of a wide variety of markets. Applications developed by OTI include product solutions for petroleum payment systems, homeland security solutions, electronic passports and IDs, payments, mass transit ticketing, parking, loyalty programs and secure campuses. OTI has a global network of regional offices to market and support its products. The company was awarded the Frost & Sullivan 2005 and 2006 Company of the Year Award in the field of smart cards.

For more information on OTI, visit http://www.otiglobal.com/, the content of which is not part of this press release.

OTI Contact: Investor Relations Galit Mendelson Miri Segal Director of Corporate Communications Strategic Growth International 201 944 5200 ext. 111 212 838 1444 galit@otiglobal.com msegal@sgi-ir.com

On Track Innovations Ltd. (OTI)

CONTACT: Galit Mendelson, Director of Corporate Communications of OTI,
+1-201-944-5200, Ext. 111, galit@otiglobal.com; or Investors, Miri Segal,
Strategic Growth International, +1-212-838-1444, msegal@sgi-ir.com, for OTI

Web site: http://www.otiglobal.com/
http://rothconference.com/

HP and Qualcomm to Deliver Options for Worldwide Internet Access

BARCELONA, Spain, February 11 /PRNewswire/ --

HP and Qualcomm today announced that they are working together to incorporate Qualcomm's Gobi TM global mobile Internet technology in select 2008 HP business notebooks to enable high-speed connectivity on 3G UMTS HSPA / EV-DO networks with a single wireless solution.

Gobi technology enhances HP notebook customers' choice of mobile operators and will help increase international roaming capabilities(1). With a multi-mode Gobi powered HP notebook and an activated carrier service, customers benefit from multiple connection options to the latest network technologies and enhanced capabilities for increased connectivity.

"Qualcomm and HP have long been working together to improve the end-user experience," said Mike Concannon, vice president of product management for Qualcomm CDMA Technologies. "With the integration of Gobi technology into HP notebooks, the two companies bring unparalleled connectivity to notebook users, enabling them to access the Internet without having to search for a Wi-Fi hotspot. Together the companies continue to meet market needs for mobility."

Gobi technology will be offered on a range of 2008 HP notebook products, including ultra-portable, balanced mobility and performance categories. The addition of Gobi technology allows customers to access wireless networks capabilities beyond a Wi-Fi network to stay connected on various network technologies1.

"HP continually strives to meet the demands of the mobile professional, and we see Qualcomm's Gobi technology as a growing trend for the future of notebook computing," said Carol Hess-Nickels, Director of Business Notebook Marketing, Personal Systems Group, HP. "Incorporating the Gobi solution into our award-winning notebooks provides HP customers the confidence that their notebook will work on a variety of networks around the world and help keep them connected on the go."

"Vodafone is committed to growing the market for 3G broadband, with particular focus on the built-in laptop sector. The Gobi platform is a significant step forward, providing greater accessibility to data services for our customers on the move," said Oliver Mauss, Global Director of Business Marketing of Vodafone. "We are actively engaged with both Qualcomm and HP to deliver 3G broadband connectivity and expect this collaboration to further accelerate mass market adoption."

The embedded Gobi solution includes Qualcomm's MDM1000(TM) chipset, associated software and API, and a reference design for a software-defined configurable data module supporting both EV-DO Rev. A and HSPA.

About HP

HP focuses on simplifying technology experiences for all of its customers -- from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world's largest IT companies, with revenue totaling US$104.3 billion for the four fiscal quarters ended Oct. 31, 2007. More information about HP (NYSE: HPQ) is available at http://www.hp.com. Note to editors: More news from HP, including links to RSS feeds, is available at www.hp.com/hpinfo/newsroom/.

About Qualcomm

Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2007 FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker symbol QCOM. Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the Company's ability to successfully design and have manufactured significant quantities of Gobi technology components on a timely and profitable basis, the extent and speed to which Gobi technology is integrated into HP notebooks, the extent and speed to which 3G UMTS HSPA / EV-DO networks are deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 30, 2007, and most recent Form 10-Q.

(1) Dependent on carrier. Wireless use requires separately purchased service contract. Check with service provider for coverage and availability in your area.

Qualcomm is a registered trademark of Qualcomm Incorporated. Gobi and MDM1000 are trademarks of Qualcomm Incorporated. All other trademarks are the property of their respective owners.

Media Contacts: Mike Hockey, HP +1-281-927-9379 Email: mike.hockey@hp.com Kira Lee Golin, Qualcomm CDMA Technologies Phone: +1-858-651-1554 Email: qctpublicrelations@qualcomm.com Richard Tinkler, European PR and Marketing Director Phone: +07720060619 Email: rtinkler@qualcomm.com

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

Qualcomm Incorporated

Mike Hockey, HP +1-281-927-9379, mike.hockey@hp.com; or Kira Lee Golin, Qualcomm CDMA Technologies, +1-858-651-1554, qctpublicrelations@qualcomm.com; or Richard Tinkler, European PR and Marketing Director of Qualcomm, +07720060619, rtinkler@qualcomm.com

Network-1 to Host Shareholder Update Call on Tuesday, February 12, 2008 at 4:15 p.m. EasternCompany to discuss recently filed patent litigation suit against Cisco Systems and other major data networking companies

NEW YORK, Feb. 11 /PRNewswire-FirstCall/ -- Network-1 Security Solutions, Inc. (BULLETIN BOARD: NSSI) today announced that Mr. Corey M. Horowitz, Chairman and CEO, will host a conference call to update shareholders on today's announcement of the commencement of patent litigation against Cisco Systems and other major data networking companies.

The conference call will take place at 4:15 p.m. Eastern, on Tuesday, February 12, 2008. Anyone interested in participating should call 800-762-8973 if calling within the United States, or 480-629-9041 if calling internationally, approximately 5-10 minutes prior to 4:15 p.m. Eastern. There will be a playback available until February 26, 2008. To listen to the playback, please call 800-406-7325 if calling within the United States, or 303-590-3030 if calling internationally. Please use pass code 3844115 for the replay.

ABOUT NETWORK-1 SECURITY SOLUTIONS, INC.

Network-1 Security Solutions, Inc. is engaged in the acquisition, development, licensing and protection of its intellectual property and proprietary technologies. It currently owns six patents covering various telecommunications and data networking technologies and is currently focusing its licensing efforts on its Remote Power Patent (U.S. Patent No. 6,218,930) covering the remote delivery of power over Ethernet networks. The Remote Power Patent was granted by the U.S. Office of Patents and Trademarks on April 17, 2001 and expires on March 11, 2020.

This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning the Company's business plans. Such statements are subject to a number of risk factors and uncertainties as disclosed in the Company's Quarterly Report on Form 10-QSB for the quarter ended September 30, 2007 including, among others, the ability of Network-1 to obtain license agreements from third parties for its patent portfolio, uncertainty of patent litigation, the Company's ability to achieve revenues and profits from its patent portfolio, the Company's ability to raise capital when needed, future economic conditions and technology changes and legislative, regulatory and competitive developments. Except as otherwise required to be disclosed in periodic reports, the Company expressly disclaims any future obligation or undertaking to update or revise any forward-looking statement contained herein.

Investor Contact: Corey M. Horowitz, Chairman and CEO Network-1 Security Solutions, Inc. (212) 829-5770 Or Alliance Advisors, LLC Alan Sheinwald, 914-244-0062 asheinwald@allianceadvisors.net

Network-1 Security Solutions, Inc.

CONTACT: Corey M. Horowitz, Chairman and CEO of Network-1 Security
Solutions, Inc., +1-212-829-5770; or Alan Sheinwald of Alliance Advisors, LLC,
+1-914-244-0062, asheinwald@allianceadvisors.net, for Network-1 Security
Solutions, Inc.

Web site: http://www.network-1.com/

Verizon Business Receives ATLANTIC-ACM Global Wholesale Carrier Excellence AwardCustomer Votes Demonstrate Global Wholesale Service Success

BASKING RIDGE, N.J., Feb. 11 /PRNewswire/ -- Verizon Business has received a 2008 Global Wholesale Carrier Excellence award from ATLANTIC-ACM, a leading telecommunications research consultancy and benchmarking firm. Verizon Business was recognized for "best in class data quality" for its wholesale carrier services, including transport (Ethernet and wavelength), ATM/Frame and IP Transit.

The announcement was made at the 30th annual Pacific Telecommunications Council (PTC) conference, held recently in Honolulu.

ATLANTIC-ACM's 2008 awards are derived from more than 600 wholesale customer evaluations of global carriers collated for the new edition of ATLANTIC-ACM's Global Wholesale Carrier Report Card. The annual survey asks carrier reseller customers to rank approximately 15 service providers in categories including brand, sales representatives, provisioning, network performance, customer service, billing, and numerous product quality and price categories. Verizon Business tied with Sprint in the 2008 evaluations, sharing the highest average score across all data products.

"Verizon Business certainly deserves recognition for its scores in this year's Global Wholesale Report Card study," said Fedor Smith, vice president, ATLANTIC-ACM. "The award for data quality is representative of Verizon Business' strong performance across several voice and data products. Verizon Business also placed very high in several service categories, including brand, provisioning, network performance and billing."

Derek Welford, group president, international partner solutions, Verizon Business, said, "The fact that these awards are voted for by our wholesale customers makes them all the more meaningful. We're committed to meeting the needs of our wholesale customers around the world. Awards such as this recognize that our commitment to service excellence is succeeding."

About ATLANTIC-ACM:

Boston-based ATLANTIC-ACM is a leading provider of strategic research and consulting services serving the telecommunications and information industries. In addition to producing the industry's principal benchmarking, sizing and opportunity studies, the company assists clients in evaluating telecommunications opportunities for successful investment, market entry, and long-term planning. For more information, visit ATLANTIC-ACM's website at http://www.atlantic-acm.com/.

About Verizon Business

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

Verizon Business

CONTACT: Clare Ward, +44(0)118-905-3501,
clare.ward@uk.verizonbusiness.com, or Lynn Staggs, +1-918-590-2403,
c-lynn.staggs@verizonbusiness.com, both of Verizon Business

Web site: http://www.verizon.com/
http://www.verizonbusiness.com/
http://www.atlantic-acm.com/

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

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

GENEVA, Switzerland, February 11 /PRNewswire/ -- In the news release, "Acrongenomics on Track to Acquire Molecular Vision" issued on 11 Feb 2008 12:20 GMT, by Acrongenomics, Inc. (OTC:AGNM) over PR Newswire, we are advised by a representative of the company that there are several changes to the original release and the version below should be used. Complete, corrected release follows:

- First Quarter Target Agreed

Acrongenomics, Inc. (OTCBB: AGNM), the Geneva based technology development group have agreed with Molecular Vision and Imperial Innovations a time line for the full acquisition of Molecular Vision. Following the initial acquisition of 10.9% of the shares of Molecular Vision announced earlier this month, it has now been agreed by all parties that the full acquisition of Molecular Vision will be completed before the end of Q1 2008.

Acrongenomics is an established company that identifies and then invests in groundbreaking technologies. In May 2006, the Company first identified the combination of microfluidics and light responsive polymers being developed by Molecular Vision as having the potential of completely revolutionising the Point of Care (PoC) diagnostics market. In a simple to use compact hand held device the analytical capabilities of a number of standard pieces of laboratory equipment can be duplicated. This means that a very wide range of diagnostic tests based on the same procedures that are used in the laboratory, will now be available to be undertaken in a physicians office, or even in the field if you were, for example, trying to identify an outbreak of infectious disease in farm animals. This wide utility was identified by Acrongenomics and resulted in them investing US$4.6 million in Molecular Vision in order to build a prototype of the hand held device and undertake trials comparing the results obtained with the device with those obtained from standard pieces of equipment routinely used in Pathology Laboratories. The results of a comparative trial measuring creatinine in urine will be presented comparing the Molecular Vision device with the Siemens DCA 2000. These results have shown good correlation. A further comparative trial measuring vitamin C is underway and various blood based tests are being planned. Once these comparative trials are completed, the company will then commercialise the first diagnostic panel to monitor kidney function, followed by vitamin C monitoring.

Dr Dimitris Goundis, CEO of Acrongenomics commented: "Molecular Vision has an exceptional team working with a very exciting technology that we feel will become a very significant part of the US$11bn PoC market. Because of the compact and mobile nature of this technology, we see it as having much wider application than we envisaged when we made the initial investment to secure rights for kidney, cardiovascular and STD applications. We now see this as a standard unit that will be used in the hospital clinics, wards, operating theatres and emergency departments, indeed wherever quick results are required for rapid intervention at one end of the spectrum or for the convenience of the patient in the clinic or physicians office environment at the other end. However the true versatility of this device is such that the unit can be taken into the field, not only to support community based health initiatives, but also in homeland security and in the veterinary field where in situ testing for infectious disease could take place. Having seen all these applications open to the device it is now appropriate for us to protect our initial investment and take total control over the rapid commercialisation of this exceptional and versatile technology."

Dr Ian Campbell, CEO of Molecular Vision added: "Acrongenomics is an ideal partner to support the Company as we now have the guaranteed access to funding that will now allow the team to concentrate solely on generating comparative data for an increasing range of diagnostic tests. Since we first showcased the device in March of 2007 we have been able to improve the detection sensitivity 100-fold through a combination of optimised light sources, light detectors and filters, all of which are assembled at low cost, ideal for the point-of-care diagnostic market. We now need to show unequivocally that this system generates the same data with the same degree of accuracy as the standard laboratory based tests. This should be relatively straightforward as the tests are basically the same, but we have the advantage of using microfluidics making the device portable. We have worked with the team at Acrongenomics since 2006 and it is clear that they now understand the technology and have seen much wider markets that are open to that technology. We can concentrate on what we are good at and leave the corporate side to an equally expert team."

Notes for Editors

The global PoC testing market was estimated to be worth US$11.3 billion in 2007 and is growing at 11% a year. PoC testing accounts for approximately 34% of the US$33.6 billion global in-vitro diagnostic (IVD) testing market.

The two companies entered into a joint collaboration agreement in March 2006, to establish a highly sophisticated detection platform. In the initial agreement Acrongenomics had exclusive rights to the use of the product in the fields of Kidney Function, Cardiac Markers and Sexually Transmitted Diseases.

Molecular Vision continues to develop the technology and intellectual property portfolio and has filed an additional four patents during the period since the original agreement with Acrongenomics was signed.

An initial concept was developed into a PDA powered demonstrator in March 2007. By October 2007 the second generation device was a battery powered, fully portable unit complete with an LCD display. Before the end of Q1 2008 the PoC technology will be a robust standalone unit capable of measuring creatinine and vitamin C simultaneously in urine with the same level of accuracy and sensitivity to a pathology laboratory test using a multi-channel device in less than 5 minutes.

Work is underway on developing cardiac markers with preliminary data demonstrating that myoglobin at 100ng/ml can be detected by the system using a fluorescent immunoassay.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions. For further information concerning risks and uncertainties that may affect our future results, please review the disclosures contained in our latest filings with the SEC, including our most recent annual report on Form 10-KSB, and subsequent quarterly reports on Form 10-QSB. Other than as required by federal securities laws, we undertake no obligation to publicly update or revise any of our forward-looking statements, whether as a result of changed circumstances, new information, future events, or for any other reason occurring after the date of this news release.

About Acrongenomics:

Acrongenomics Inc. is a publicly traded company that focuses on investing in and commercialising novel technology platforms concerning the Life Sciences sector. Acrongenomics brings novel and realistic concepts to market by transforming scientific innovations into tangible, consumer-orientated applications. The company has its headquarters in Geneva, Switzerland.

About Molecular Vision:

Molecular Vision is an Imperial College spin-out company that develops low-cost diagnostic devices for use in the doctor's surgery and in the home. Its proprietary devices combine microfluidic chips with organic-semiconductor light-sources and photodetectors to provide lab-quality diagnostic tests in a miniaturised, easy-to-use, disposable format.

Acrongenomics, Inc.

For more information contact: Dr Dimitris Goundis, CEO, +41-227-165-300, Acrongenomics Inc.; Dr Ian Campbell, CEO, +44-207-594-1430, Molecular Vision; Mike Wort/Kevin Payne, +44-207-861-3838, De Facto Communications Limited

KEMET Launches Military SMPS Stacked CapacitorsNew product to be used in high-frequency power supplies

GREENVILLE, S.C., Feb. 11 /PRNewswire-FirstCall/ -- In its continuing commitment to the defense and aerospace markets, KEMET Corporation today introduces military-grade ceramic stacked capacitors for use in high- frequency power supplies. The product is commonly referred to as Switch Mode Power Supply Stacked Capacitors, or SMPS Stacked Capacitors. The product line is qualified to Military Performance Specification MIL-PRF-49470 and DSCC Drawing 87106. The SMPS Stacked Capacitors are intended for high-reliability SMPS and pulse energy applications. Their low Equivalent Series Resistance (ESR) and Equivalent Series Inductance (ESL) make them ideally suited for input and output filtering of power supply applications as well as snubber applications.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080211/CLM123 )

These capacitors are now available in case codes 3, 4, and 5, X7R dielectric, voltage ratings from 50 VDC up to 500 VDC, and capacitance values up to 47 uF. The chip stack is horizontal and the leadframe attachment is a high-temperature solder. They are also available in unencapsulated (unpotted bare chips) or encapsulated (potted assembly) styles. The encapsulated styles are primarily used for applications where increased mechanical and environmental protection is required, such as in avionics systems. The Military performance specification MIL-PRF-49470 is used to establish a baseline part for high-reliability applications.

With an operating temperature range between -55 degrees C and +125 degrees C, and with capacitance shift limited to +/-15 percent over that range, these SMPS Stacked Capacitors are an excellent choice for electrical applications, general purpose applications and high-frequency power supply circuits.

"Another new product introduction focused on the Defense and Aerospace market segment demonstrates KEMET's ongoing commitment to this market segment," stated KEMET Product Line Manager for Specialty Products Travis Ashburn. "As we strive to become The Capacitance Company, we continue to build on our decades of experience in the military and high-reliability segments to develop new products to service this key market."

Price ranges for these new products will depend on quantity, capacitance, voltage, case size, and tolerance. Larger case codes 1, 2, and 6 will be available for order in the third quarter of Calendar Year 2008. Contact KEMET for additional details or visit http://www.kemet.com/ for complete specifications and performance characteristics.

KEMET Corporation applies world-class service and quality to deliver industry-leading, high-performance capacitance solutions to its customers around the world. KEMET offers the world's most complete line of surface-mount and through-hole capacitor technologies across tantalum, ceramic, aluminum (organic and electrolytic), film and paper dielectrics. KEMET's common stock is listed on The New York Stock Exchange under the symbol KEM. Additional information can be found at http://www.kemet.com/. http://www.kemet.com/page/new2008505

Contact: Dean W. Dimke Director of Corporate and Marketing Communication 864-228-4448 deandimke@kemet.com Travis Ashburn Product Line Manager, Specialty Products Ceramic Capacitors 864-228-4320 travisashburn@kemet.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080211/CLM123
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com KEMET Corporation

CONTACT: Travis Ashburn, Product Line Manager, Specialty Products,
Ceramic Capacitors, +1-864-228-4320, travisashburn@kemet.com, or Dean W.
Dimke, Director of Corporate and Marketing Communication, +1-864-228-4448,
deandimke@kemet.com, both of KEMET Corporation

Web site: http://www.kemet.com/
http://www.kemet.com/page/new2008505

ANADIGICS développe sa gamme WiMAX avec le nouvel amplificateur de puissance RF créé pour la bande de fréquence 2,3-2,4 GHz

BARCELONE, Espagne, et WARREN, New Jersey, February 11 /PRNewswire/ --

- Conçu pour les applications WiMAX et WiBro, le nouvel amplificateur AWM6422 offre une linéarité exceptionnelle et une excellente efficacité de puissance de sortie de haut niveau

ANADIGICS, Inc. (Nasdaq: ANAD), un fournisseur majeur de solutions de semi-conducteurs sur les marchés de la communication sans fil large bande et câblée, a annoncé aujourd'hui la sortie de son nouvel amplificateur de puissance AWM6422 au Mobile World Congress 2008, à Barcelone en Espagne. En proposant le AWM6422, qui fonctionne sur la bande de fréquence 2,3-2,4 GHz dédiée aux services mobiles sans fil large bande, ANADIGICS développe sa gamme de produits de technologie de pointe pour les systèmes WiMAX et WiBro (Corée). Le nouvel amplificateur AWM6422 est déjà intégré dans les adaptateurs USB fabriqués pour une grande société de télécommunications coréenne.

Le nouvel amplificateur de puissance (PA) AWM6422, variante de l'amplificateur AWM6423 d'ANADIGICS largement répandu et qui a été introduit l'année dernière, est un outil hautement performant doté d'une linéarité exceptionnelle et d'une efficacité de puissance de sortie de haut niveau. Conçu pour les applications WiMAX et WiBro sur la bande 2,3-2,4 GHz, l'amplificateur AWM6422 supporte le standard sans fil IEEE 802.16e-2005 ainsi que les standards IEEE 802.16d-2004 et ETSI EN301-021. Optimisé pour une utilisation sur des appareils mobiles, l'amplificateur AWM6422 requiert une alimentation nominale de +3,3 V, mais offre également une performance RF améliorée lorsqu'il est utilisé avec des tensions d'alimentation d'au moins +4,2V.

<< Aujourd'hui, grâce à l'annonce de son nouvel amplificateur AWM6422, ANADIGICS maintient sa position dominante en offrant une technologie de pointe d'amplificateur de puissance pour les concepteurs de produits et de systèmes sans fil dans le monde entier >>, a déclaré Ron Michels, vice-président et directeur général des produits haut débit, ANADIGICS, Inc. << Notre gamme d'amplificateurs de puissance WiMAX, qui est en pleine expansion, offre l'excellente linéarité, l'intégration fonctionnelle avancée et l'efficacité de puissance supérieure requises pour supporter les critères de haute performance des systèmes haut débit qui émergent rapidement aujourd'hui. >>

Outre l'utilisation de la technologie brevetée à la pointe de l'industrie InGaP-Plus(TM) d'ANADIGICS, voici les caractéristiques du nouvel amplificateur de puissance AWM6422 :

-- Plus de 30 dB d'augmentation de RF -- faible contribution EVM à hauts niveaux de puissance de sortie : -- 2,5 % EVM à +22 dBm (alimentation +3,3 V) -- 4 % EVM à +23,5 dBm (alimentation +3,3 V) -- 2,5 % EVM à +23,5 dBm (alimentation +4,2 V) -- 4 % EVM à +25 dBm (alimentation +4,2 V) -- Atténuateur 25 dB intégré -- Détecteur de puissance de sortie intégré -- Ports RF 50 ohms correspondants pour compte composant externe réduit -- Pack de montage de surface conforme RoHS 4,5 mm x 4,5 mm x 1,4 mm.

Le nouvel amplificateur WiMAX/WiBro AWM6422 2,3-2,4 GHz d'ANADIGICS est actuellement testé pour une production de volume prévue pour la fin du premier trimestre 2008. Pour obtenir une fiche technique détaillée du produit AWM6422, visitez la page Internet : www.anadigics.com/products/wlan_wimax/wimax_802_16_power_amplifiers/awm6422.

Pour obtenir d'autres informations, les prix ou des échantillons d'un quelconque amplificateur de puissance WiMAX et WiBro de ANADIGICS, contactez votre revendeur ou distributeur local ANADIGICS. Visitez notre page Internet www.anadigics.com/worldwide_sales ou contactez ANADIGICS au +1-908-668-5000 (téléphone) ou +1-908-668-5132 (FAX).

À propos de ANADIGICS, Inc.

ANADIGICS, Inc. (Nasdaq: ANAD) est un fournisseur majeur de solutions de semi-conducteurs sur les marchés en forte expansion des téléphones sans fil et des communications haut débit. La société a été fondée en 1985 et son siège se trouve à Warren, New Jersey. Ses produits, récompensés par des prix, comportent des amplificateurs de puissance pour des téléphones sans fil, WLAN et WiMAX ; des circuits intégrés de tuner pour la télévision par câble, des diviseurs actifs et des circuits intégrés pour amplificateurs de ligne d'infrastructure de télévision par câble, qui peuvent être vendus individuellement ou dans un lot comme fréquence radio intégrée et modules frontaux. Pour plus d'informations, visitez notre site : www.anadigics.com.

Déclaration << Safe Harbour >>

Excepté les informations historiques contenues dans ce présent document, ce communiqué de presse contient des prévisions et d'autres déclarations prospectives (ainsi que ce terme est défini dans le Securities Exchange Act de 1934, dans sa version modifiée). Ces prévisions et déclarations prospectives reflètent les opinions actuelles de la Société concernant les évènements et les performances financières futurs et peuvent être généralement identifiées comme telles grâce au contexte du communiqué qui inclut des mots comme << croire >>, << prévoir >>, << attendre >> ou des mots ayant un sens similaire. De même, les communiqués qui décrivent nos plans, nos objectifs, nos estimations ou nos buts futurs constituent des déclarations prospectives. Nous ne pouvons toutefois assurer que ces évènements auront lieu ou que ces prévisions seront atteintes et les résultats et les développements réels peuvent être matériellement différents de ceux prévus à cause de certains facteurs. Les facteurs importants qui pourraient engendrer des résultats et des développements réels matériellement différents de ceux qui sont exprimés ou impliqués par de telles projections et déclarations prospectives incluent les facteurs détaillés de temps en temps dans nos rapports déposés auprès de la Securities and Exchange Commission américaine, y compris notre rapport annuel sur le formulaire 10-K pour l'année close au 31 décembre 2006.

Site Web : http://www.anadigics.com http://www.anadigics.com/worldwide_sales

ANADIGICS, Inc.

Médias - Steven M. Plavny, +1-770-235-5918, splavny@anadigics.com; Entreprise - Jennifer Palella, +1-908-668-5000, jpalella@anadigics.com; Investisseurs - Thomas Shields, +1-908-412-5995, tshields@anadigics.com; tous de ANADIGICS, Inc.

Connected, Mobile Navigation for Walk & Drive has Arrived- Nokia Unveils Maps 2.0Updates Include Enhanced Pedestrian Navigation, New Satellite Images and Support for Integrated Compass Orientation

Mobile World Congress 2008, BARCELONA, Spain and ESPOO, Finland, February 11 /PRNewswire-FirstCall/ -- Today at the Mobile World Congress Nokia announced that the Beta version of Nokia Maps 2.0 is ready for you to take out for a spin. Nokia Maps is taking its mapping and navigation experiences to the next level by enhancing its pedestrian navigation, adding multimedia city guides, offering satellite images, and sporting a redesigned user interface.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080211/292556 )

Nokia Maps 2.0 adds Walk, a pedestrian focused navigation component to the application, while still offering Drive, a world class car navigation system. The pedestrian navigation efficiently walks you from A to B with visual turn-by-turn guidance. It helps you to locate yourself by giving information about the surrounding buildings, streets and parks (including pathways through the park) and in newer handsets, like the Nokia 6210 Navigator, points the direction in which you are walking; using the handset's built in compass for orientation.

The new Nokia Maps 2.0 update also adds the option to purchase first-class multimedia guides that feature photos, videos and audio streams to enlighten your journey even more. As with the previous version of Nokia Maps, map users will receive a free 3-day Navigation trial, for Walk and Drive, plus an additional free 10 minute City Guide trial.

"By taking navigation services out of the car and onto the sidewalk, Nokia is enabling people to explore and discover what's around them with the confidence of a local," said Michael Halbherr, vice president, Nokia location based services. "By combining the integrated compass of the Nokia 6210 Navigator, with the speed and accuracy of assisted GPS, Nokia Maps 2.0 provides a unique experience with which other less accurate mobile navigation applications can't compete."

Upgrading to the GPS navigation option enables your mobile to become a powerful connected personal navigation device, that provides clear, turn-by-turn visual and voice guidance. If your Nokia device doesn't have built-in GPS, you can also use an external GPS module with a compatible device. Nokia Maps 2.0 will also have, for an optional fee, real-time traffic feeds with dynamic re-routing in 18 European countries. With vector maps provided by TeleAtlas and Navteq, Nokia Maps now has maps covering over 200 countries, with over 70 of them navigable.

Nokia Maps 2.0 can also lead you to the nearest transit station using localized icons in 17 cities so you can hop on the Metro to get across town. While you are on riding on the Metro you can discover and explore new places using the hybrid satellite views or by purchasing one of the new multimedia city guides from companies like Berlitz. The expert advice on where to go and what to do, combined with the integrated Nokia mobile search, helps Nokia fulfill its goal of bringing people context aware Internet services forward.

Nokia also announced that they are planning on bringing Nokia Maps to the mass market with a Series 40 version of Nokia Maps, which will be ready during the 1st half of 2008. Devices based on the Series 40 platform accounted for a large portion of the more than 437-million devices Nokia estimates it had cumulatively shipped by the end of 2007.

The new version of Nokia Maps 2.0 for selected devices is available on the Nokia Beta Labs website: http://www.nokia.com/betalabs. Beta Labs shares some of the exciting new ideas that Nokia is working on and let users help shape their future development. A strong online community has developed around Beta Labs, attracting especially technology savvy, early adopter mobile enthusiasts. The current version of Nokia Maps and the Nokia Map Loader are freely available for download* for selected devices at http://www.maps.nokia.com/.

* Download terms and conditions apply. See websites for information. About Nokia

Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. Nokia makes a wide range of mobile devices and provides people with experiences in music, navigation, video, television, imaging, games and business mobility through these devices. Nokia also provides equipment, solutions and services for communications networks.

http://www.nokia.com/

Mobile World Congress 2008 related electronic press kit including Nokia press releases, product photos, product specifications and event photos is available at:

http://www.nokia.com/press and http://mwc.nokia.com/press.htm

More detailed product information: http://www.maps.nokia.com/ and http://www.nokia.com/betalabs

Photo: http://www.newscom.com/cgi-bin/prnh/20080211/292556 Nokia Corporation

CONTACT: Media Enquiries: Nokia, Communications, Tel. +358-7180-34900,
Email: press.services@nokia.com

Maxwell Technologies CEO David Schramm to Present at Roth Capital Partners Investor Conference in California

SAN DIEGO, Feb. 11 /PRNewswire-FirstCall/ -- David Schramm, president and chief executive officer of Maxwell Technologies, Inc. will present at the Roth Capital Partners Growth Stock Conference at 12 noon on February 20, at the Ritz Carlton Hotel in Laguna Nigel, California.

The presentation will be webcast live and will be archived for subsequent Internet replay via the following link:

http://www.maxwell.com/investors/index.asp

Maxwell is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Our BOOSTCAP(R) ultracapacitor cells and multi-cell modules provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our CONDIS(R) high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. Our radiation-mitigated microelectronic products include power modules, memory modules and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications. For more information, please visit our website: http://www.maxwell.com/.

Maxwell Technologies, Inc.

CONTACT: Michael Sund of Maxwell Technologies, Inc., +1-858-503-3233

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

Verizon Wireless Network Keeps Community in Touch During Tornadoes

LAFAYETTE, Tenn., Feb. 11 /PRNewswire/ -- As tornadoes swept across the state of Tennessee last week, Verizon Wireless lived up to the company's claim of America's most reliable wireless voice and data network. With electricity out, landlines down, and many wireless networks struggling, the Verizon Wireless network continued at over 95 percent efficiency, as citizens called emergency workers for assistance and loved ones for comfort.

"Verizon Wireless prides itself on maintaining a strong and reliable network," said Carolinas/Tennessee region president, Jerry Fountain. "Most of the company's cell sites are equipped with backup generators. When power goes out, the cell sites switch seamlessly to a backup generator and continue running -- a process that is transparent to customers, except for the reassurance that their wireless phones are still operational."

As reports came in Wednesday evening of the tornadoes' impact across the state of Tennessee, Verizon Wireless team members knew more had to be done to help those left homeless by the storm.

In Lafayette, Tenn., a particularly hard hit area, over 1,500 citizens were affected by the storm. In fact, Verizon Wireless received reports that many had lost their wireless phones in the storm or were unable to charge their phones, because electricity was out. The company set up a mobile Verizon Wireless store to accommodate the community. Free replacement phones were distributed, along with car chargers. Many citizens who were not already Verizon Wireless customers were assisted with pre-pay phones equipped with minutes, allowing them to make necessary calls. The mobile store will continue operation through Thursday, Feb. 14. It is located in the parking lot of Davis Electronics at 617 Highway 52 Bypass East, and will be open from 8:00 a.m. to 5:30 p.m. CST.

Additionally, the Verizon Wireless store in nearby Jackson, Tenn., another affected area, began collecting clothing and other needed items for members of the community in need. Those interested in helping citizens of the Jackson area can drop off items at the Jackson Verizon Wireless Store, located at 1128 Vann Drive.

Customers affected by tornadoes can stop by their nearest Verizon Wireless store or call customer service at 1-800-2 JOIN IN.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 65.7 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: 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 Culbertson of Verizon Wireless, +1-864-918-5199,
Carolyn.Culbertson@verizonwireless.com

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

Presto Services Inc. Expands Board of DirectorsFormer HP Senior Vice President, Pradeep Jotwani, Joins Presto Board

MOUNTAIN VIEW, Calif., Feb. 11 /PRNewswire/ -- Presto Services Inc. today announced that former Hewlett-Packard executive, Pradeep Jotwani, has joined Presto's Board of Directors.

Pradeep joins Presto after a 25-year career at HP, where he served most recently as senior vice president for the $16 billion global Imaging and Printing Supplies business. He currently serves as an advisor to a handful of start-up companies in Silicon Valley and is on the advisory board of the Markkula Center of Applied Ethics at Santa Clara University.

"I am thrilled to be a part of Presto and have been quite passionate about the company since they first partnered with HP," said Mr. Jotwani. "I am very interested in exploring how Presto's technology can be incorporated into other wide-ranging consumer and business applications and look forward to being a part of the company's evolution."

In 1996, Pradeep founded HP's Consumer Business Organization, the company's first formal go-to-market effort focused specifically on the consumer segment. The business grew dramatically, and by 2002 HP was a $15 billion supplier of consumer products ranging from home PCs and printers to digital entertainment and photography products. Prior to this, Pradeep held a number of general management, channel marketing and category marketing positions at HP, both in the U.S. and Germany.

"While at HP, Pradeep worked closely with the Presto team prior to and following the company's inception and has always been a great supporter," said Raymond Stern, Presto CEO. "His deep knowledge of the printer industry and impressive experience building consumer businesses and retail strategies will add tremendous value to the Presto team, and we are excited to work with him."

The Presto Service and HP Printing Mailbox allows individuals or businesses without a PC or Internet connection to receive email, digital photos or PDF documents sent from any email-capable mobile phone, PDA or computer. These electronic transmissions are sent via a Presto-provided email address to the Presto Service, which prepares them for retrieval by the HP Printing Mailbox using an existing phone line. Email and attached photos or PDF documents are then automatically printed allowing Presto users to connect to the digital world without the complexity or cost of a computer or Internet connection.

About Presto Services Inc.

Presto was founded in 2004 to help families and friends stay better connected by making it easier for them to share digital content. Led by a world-class team of consumer product and technology veterans, Presto Services Inc. is redefining digital delivery through a unique service that automatically prints the digital content people want to enjoy, without the need for a computer or Internet connection. Presto's first consumer solution launched in November 2006: the HP Printing Mailbox coupled with Presto Service, which delivers email, photos, PDF documents and ad-free subscription content. Presto's publishing partners include Dow Jones & Company, Meredith Corporation and Tribune Media Services. In the future, Presto plans to deliver additional consumer and business solutions using the technology platform the company is developing. Presto Services Inc. is based in Mountain View, California and has received venture funding from Clearstone Venture Partners, Kleiner Perkins Caufield & Byers and Vanguard Ventures.

Presto is available at Presto.com, as well as through online retailers: Amazon.com, BestBuy.com, Buy.com, Drugstore.com, FirstSTREETonline.com, Solutions.com and Walmart.com. For more information: see http://www.presto.com/..

Presto is (C) 2008 Presto Services, Inc. "Presto", "Presto Services, Inc.", "You're Connected", "Printing Mailbox" and the Presto stylized logos, are service marks or registered service marks of Presto Services, Inc. in the United States and other countries. U.S. and International Patents Pending. "HP" is a registered trademark of Hewlett-Packard Development Company, L.P.

Presto Services Inc.

CONTACT: Andrea MacLean of Manning Selvage & Lee, +1-415-293-2796,
andrea.maclean@mslpr.com, for Presto Services Inc.

CareerBuilder.com Sets New Record in Careers Traffic

CHICAGO, Feb. 11 /PRNewswire/ -- In 2007, the CareerBuilder Network* attracted an average of more than 21 million unique visitors per month in the U.S., 10 million more than its largest competitor, according to comScore Media Metrix data. Today, the company announced it has further strengthened its traffic lead in the industry and set a new record for the careers traffic category in the U.S. with 25.5 million unique visitors coming to the CareerBuilder Network in the month of January.

Traffic levels continue to climb as CareerBuilder.com expands its distribution network in the U.S. and overseas. To date, CareerBuilder.com powers the career channels for more than 1,600 partners. Including partner Web properties and subsites and the microsites the company owns, CareerBuilder.com's job search engine is present on more than 9,000 Web sites worldwide. Capitalizing on the momentum, the company is making a forceful push into European markets through organic growth, acquisitions and the launch of several more co-branded career channels with MSN in 2008.

"Our business model has always been based on connecting employers and job seekers through as many touch points as possible," said Matt Ferguson, CEO of CareerBuilder.com. "Our partnerships around the world provide a distinct advantage for employers as they compete for top talent, delivering ready access to active and passive job seekers. Our marketing investment, outstanding customer service and a job matching technology that is unequalled in the industry have helped to capture and solidify our leadership position today."

Every month, CareerBuilder.com generates more than 13 million job searches in accounting/finance, 12 million in healthcare and sales, 6 million in IT, 5 million in retail, 4 million in engineering, 3 million in hospitality and 2 million in government.

In 2007, CareerBuilder.com generated $768 million in network revenue in North America, beating its largest competitor by more than $60 million. The amount of network revenue driven by the CareerBuilder.com sales force increased by 40 percent year over year.

In addition to its own sales force, CareerBuilder.com has 140 newspapers in the U.S. selling CareerBuilder.com products and providing employers and job seekers with unrivaled local support.

* The CareerBuilder Network is a custom aggregation of CareerBuilder.com traffic as well as job search traffic to career centers CareerBuilder powers for partner sites such as Tribune, Gannett, McClatchy, MSN and others.

About CareerBuilder.com

CareerBuilder.com is the nation's largest online job site with more than 25 million unique visitors and over 1.6 million jobs. Owned by Gannett Co., Inc. , Tribune Company, The McClatchy Company and Microsoft Corp. , the company offers a vast online and print network to help job seekers connect with employers. CareerBuilder.com powers the career centers for more than 1,600 partners, including 140 newspapers and leading portals such as America Online and MSN. More than 300,000 employers take advantage of CareerBuilder.com's easy job postings, 26 million-plus resumes, Diversity Channel and more. CareerBuilder.com and its subsidiaries operate in the U.S., Europe, Canada and Asia. For more information, visit http://www.careerbuilder.com/.

Media Contact Jennifer Grasz 773-527-1164 Jennifer.Grasz@careerbuilder.com

CareerBuilder.com

CONTACT: Jennifer Grasz of CareerBuilder.com, +1-773-527-1164,
Jennifer.Grasz@careerbuilder.com

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

ShopLocal Index Reflects Softness in RetailPragmatic Shoppers Spend More Time Scrutinizing Deals, Favor Savings Over Style

CHICAGO, Feb. 11 /PRNewswire/ -- ShopLocal(TM), the leader in multi-channel shopping and marketing services, today announced the ShopLocal Index was up 20 percent for the month of January compared with the same period last year. The Index, at 191 for the month (benchmarked at 100 for January 2006), reported 232 million page views versus 193 million in January 2007. Department stores and mass merchants led other market segments with 35 percent growth, reflecting typical post-holiday sales on apparel and accessories. However, retailers advertised much less in January, seemingly because they spent most of their marketing budget at the end of 2007 on deeper discounts and heightened advertising. Also, some retailers did not have a weekly circular running in January.

Consumers continue to turn to the Internet in growing numbers to view local offers before heading to the store. However, January was a month of slower growth reflecting the slowness in the retail market.

The ShopLocal Index is the advertising industry's first market indicator designed to track the influence of the Internet on in-store shopping. Updated monthly, the Index is based on the online activity of an average of 20 million monthly consumer visits to store promotions that are presented on the sites of 50 major U.S. retailers, including JCPenney, Best Buy, Walgreens and Home Depot. These retailers cover major retail segments such as computers, consumer electronics, office supplies, home improvement, department stores, mass merchants, grocery, drug and various specialty stores. Their online circular sites are powered by ShopLocal's SmartCircular(TM) technology.

January 2008 ShopLocal Index highlights include: -- The ShopLocal Index, though up 20 percent versus January 2007, is down from 36 percent annual growth in 2007. The twenty percent growth is the lowest monthly percentage increase since the Index was launched in January of 2007. These findings are consistent with the recent release of the January retail sales figures that showed only a 0.2 percent increase in the month. -- The Index showed 232 million page views in January, versus approximately 193 million last year (benchmarked at 100 from January 2006.) -- Page views per visit on a per retailer basis reached 11.5, a nine percent jump versus last January as shoppers spent more time reviewing the online circulars for the best deals and savings. -- Department stores (65 percent monthly growth) and mass merchants (27 percent monthly growth) continue to lead as the top retail categories in the Index.

"We believe this month's Index reflects a combination of the consumer's hesitation in shopping and their stronger value orientation," said Vikram Sharma, CEO at ShopLocal. "However, even in this soft month, the growth of the Index continues to support forecasts by Forrester and Jupiter of the ongoing increase in online-influenced offline shopping. Consumers are becoming increasingly savvy about using the Internet to find deals as retailers shift more of their advertising online."

About ShopLocal

ShopLocal, the leader in multi-channel shopping services, offers a complete suite of solutions connecting advertisers and consumers online and in-store. The company's consumer Web site, ShopLocal.com, provides users with choice and control in their shopping experience by offering the most comprehensive selection of timely online and in-store offers on one easy-to-use site. With ShopLocal.com, consumers can find millions of products and up-to-date weekly sales, deals, and coupons for consumer electronics, apparel, groceries and more.

ShopLocal's industry leading SmartCircular and SmartCatalog solutions are used by more than one hundred of the nation's top retailers, including Target, Best Buy, Home Depot, CVS and Sears. ShopLocal powers multi-channel shopping for hundreds of newspaper Web sites and other leading local and shopping sites, such as Los Angeles Times, Miami Herald, Arizona Republic, Google and SuperPages.com. ShopLocal is owned by Gannett Co., Inc. , Tribune Company and The McClatchy Company . For more information, visit http://www.aboutshoplocal.com/.

ShopLocal, ShopLocal.com, SmartCircular, SmartCatalog, SmartMedia, SmartDelivery and ShopLocal Index are trademarks of ShopLocal. Other company and product names may be trademarks of their respective owners.

Available Topic Expert(s): For information on the listed expert(s), click ap- propriate link. Vikram Sharma http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=55894

ShopLocal

CONTACT: Marcy Dockery of ShopLocal, +1-312-768-7523,
mdockery@shoplocal.com

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

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News archive of November 2009
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