Companies news

KING OF PRUSSIA, Pa., Feb. 13 /PRNewswire-FirstCall/ -- Leading e-commerce and multichannel solutions provider, GSI Commerce Inc. , today announced it has closed its acquisition of e-Dialog Inc., a Lexington, Mass.-based market-leading provider of advanced e-mail marketing services and solutions to more than 100 blue-chip companies in the U.S. and Europe.

"We welcome the employees and partners of e-Dialog to GSI," said Michael G. Rubin, chairman and CEO of GSI Commerce. "Going forward, we have complete confidence that as a standalone operating unit of our company, e-Dialog will continue to provide leading e-mail marketing solutions and drive exceptional performance for partners in the U.S. as well as internationally."

About GSI Commerce

GSI Commerce(R) is a leading provider of services that enable e-commerce, multichannel retailing and interactive marketing for large, business-to- consumer (b2c) enterprises in the U.S. and internationally. We deliver customized e-commerce solutions through an e-commerce platform, which is comprised of technology, fulfillment and customer care. We offer each of the platform's components on a modular basis, or as part of an integrated, end-to- end solution. We also offer a full suite of interactive marketing services through two divisions, gsi interactive(SM) and e-Dialog.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements made in this release, other than statements of historical fact, are forward-looking statements. Actual results might differ materially from what is expressed or implied by these forward-looking statements. Additional information about potential factors that could affect GSI Commerce can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed by GSI Commerce with the SEC. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements.

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

GSI Commerce, Inc.

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

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

Senator Barack Obama's (D-Illinois) Atlanta Volunteers Turn to the helloWorld Live Streaming Social Network to Boost Visibility Among Young VotershelloWorld.com Showcases Exclusive Footage of Barack Obama hot on the Campaign Trail

LAS VEGAS, Feb. 13 /PRNewswire-FirstCall/ -- DigitalFX International, Inc. , a digital communications company, today announced the Atlanta volunteers of Senator Barack Obama conducted a 4 hour live webcast this past weekend on http://www.helloworld.com/ including never before seen videos of Senator Obama on the campaign trail with his family. Thousands tuned into watch the live and archived broadcast. During the broadcast volunteers interviewed other Obama supporters who shared their stories of hope and change for the future. Dozens of delegates were on hand during the live broadcast to share their stories of support for the Presidential Hopeful.

Craig Ellins, chief executive officer of DigitalFX International, Inc. said, "helloWorld delivers on the promise of the internet allowing individuals to stream their message to thousands of people. Up until now, this technology has only been accessible to and afforded by large corporations. The helloWorld Studio gives the power of television to the individual. We're delighted our product is being used in such powerful ways."

Highlights of the archived broadcast can be seen by going to http://www.ibelievewecan.com/.

About DigitalFX International, Inc.

DigitalFX International is a creator of digital communications and social networking solutions, as showcased on its social network http://www.helloworld.com/. The company develops and markets proprietary communication and collaboration services, and social networking software applications, including video email, video instant messaging and live webcasting. DigitalFX International, Inc. is democratizing the world of online streaming video and digital media archiving with its flagship product, called The Studio. The Studio is an affordable, cross digital platform web-based solution. Only the DigitalFX Studio brings together all this capability, simply and in one place.

For more information about Digital FX please visit us at http://www.digitalfx.com/. To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, News Alerts and other pertinent information, please click on the following link: http://www.b2i.us/irpass.asp?BzID=1407&to=ea&s=0

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward- looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward looking statements if they comply with the requirements of the Act.

DigitalFX International, Inc.

CONTACT: Melissa Placek, Director of Corporate Development, DigitalFX
International, Inc., +1-702-372-2433, mplacek@digitalfx.com; or Alison Simard,
Stern & Co., Media Relations for DigitalFX International, Inc.,
+1-323-650-7117, arsimard@sternco.com

Web site: http://www.digitalfx.com/
http://www.ibelievewecan.com/
http://www.helloworld.com/
http://www.b2i.us/irpass.asp?BzID=1407&to=ea&s=0

Bally Technologies Selected by Harrah's to Provide Casino Management, Marketing Systems Internationally

LAS VEGAS, Feb. 13 /PRNewswire-FirstCall/ -- Bally Technologies, Inc. , a leader in slots, video machines, casino management systems and networked solutions for the global gaming industry, announced today that Harrah's Entertainment, Inc. has extended its domestic relationship with Bally to provide key casino slot and gaming management and marketing systems for Harrah's international operations.

The transaction is subject to Harrah's corporate approvals, execution of definitive agreements, and receipt of required regulatory approvals.

Bally and Harrah's commitment to work together internationally comes on the heels of Bally's recent announcement that it continues to bolster its international product portfolio and infrastructure. Bally is developing more games and systems technology specifically for international markets and has recently opened new sales and support offices in Spain and South Africa, with a Mexico City office slated to open this spring.

"We're pleased to be extending our relationship with Bally Technologies as we pursue an aggressive global growth strategy," said Tim Stanley, Harrah's Entertainment Chief Information Officer and Senior Vice President of Innovation & Gaming. "Bally has been a provider of choice in supplying the operational, accounting and management systems that support our industry- leading Total Rewards(TM) capabilities that enhance our guests' experience through interactive entertainment offerings. Under this new agreement, Bally will also become a key software supplier for our casino and gaming management systems at our current and planned international operations."

Bally also announced that Harrah's has licensed Bally Power Winners(TM) and Power Promotions(TM) technologies for use as part of Harrah's new and proprietary PRISM interactive customer relationship management initiative. Under the licensing agreement, which is also subject to Harrah's corporate approvals, execution of definitive agreements, and receipt of regulatory approvals, Harrah's can implement Bally's new promotional and downloadable credit features as an integral part of Harrah's Total Rewards(TM) marketing programs worldwide.

Harrah's PRISM initiative, an acronym for Personalized Real-time Interactive Slot Marketing, is designed to introduce unique CRM features and capabilities to the millions of Harrah's Total Rewards cardholders who play the company's 60,000-plus slots.

"We are very excited about extending our partnership with Harrah's to supply these system products internationally and cutting-edge promotional and downloadable credit features worldwide," said Richard M. Haddrill, Chief Executive Officer of Bally Technologies. "The flexibility and configuration options built into our products will allow Harrah's to build on the existing strength of its player-loyalty program and manage their business both domestically and globally."

Recognized as the industry systems leader with more than 368,000 machines at casino, bingo, Class II, central determination and lottery locations worldwide -- including more than 215 locations currently running Bally eTICKET(TM) on more than 251,000 slot machines -- the Bally Technologies systems product line offers slot machine cash monitoring, table management, cashless, accounting, security, maintenance, marketing, promotional and bonusing capabilities, enabling operators to accurately analyze performance and accountability while providing an enhanced level of customer service.

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. For more information, please contact Laura Olson-Reyes, Director of Corporate Communications, at 702-584-7742, or visit http://www.ballytech.com/.

About Harrah's Entertainment, Inc.

Harrah's Entertainment, Inc. is the world's largest provider of branded casino entertainment. Since its beginning in Reno, Nevada, more than 70 years ago, Harrah's has grown through development of new properties, expansions and acquisitions, and now owns or manages casinos on four continents. The Company's properties operate primarily under the Harrah's(R), Caesars(R) and Horseshoe(R) brand names; Harrah's also owns the London Clubs International family of casinos and the World Series of Poker(R). Harrah's Entertainment is focused on building loyalty and value with its customers through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. For more information, please visit http://www.harrahs.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/
http://www.harrahs.com/

AXS-One Reports 2007 Financial Results

RUTHERFORD, N.J., Feb. 13 /PRNewswire-FirstCall/ -- AXS-One Inc. (BULLETIN BOARD: AXSO) , a leading provider of high performance Records Compliance Management (RCM) software solutions, today announced its financial results for the fourth quarter and full-year period ended December 31, 2007.

Total revenues for the fourth quarter of 2007 were $3.2 million, an increase of $0.7 million or 28% from the fourth quarter 2006 revenues of $2.5 million. License revenue for the fourth quarter was $1.2 million, an increase of 73% compared to $0.7 million in the fourth quarter of 2006. Total operating expenses for the fourth quarter were $6.7 million, a decrease of 13% percent compared to the fourth quarter of 2006. The net loss from continuing operations was $4.1 million for the fourth quarter, down from a loss of $4.6 million in the fourth quarter of 2006. The Company reported a net loss of $4.1 million for the fourth quarter of 2007, or $(0.11) per diluted share compared to a net income of $13.6 million in the fourth quarter of last year, or $0.39 per diluted share. Net income for the fourth quarter of 2006 included a gain of $17.2 million related to the sale of the Enterprise Financials product line, and $0.9 million of net income from the results of the Enterprise Financials business during the 2006 period prior to its sale.

For the year ended December 31, 2007, total revenue was $11.9 million, up 16%, compared with total revenues of $10.3 million for the year ended December 31, 2006. License revenue was $4.1 million, up 67%, or $1.6 million, from the $2.4 million in license revenue for 2006. Total operating expenses were $26.1 million for the year ended December 31, 2007, a decrease of 15% percent from $30.6 million in the prior year. The net loss from continuing operations was $14.9 million for the year ended December 31, 2007, down from a loss of $19.6 million last year. The net loss for the year ended December 31, 2007 was $14.9 million, or $(0.42) per diluted share compared to a net income of $5.5 million, or $0.16 per diluted share for the prior-year period. Net income for 2006 included a gain of $17.2 million related to the sale of the Enterprise Financials product line, and $7.9 million of net income from the results of the Enterprise Financials business during the 2006 period prior to its sale.

Highlights for the Fourth Quarter and 2007 include: -- Seventeen enterprise customer wins contributing to license revenue for the AXS-One Compliance Platform(TM) across the world during the fourth quarter. This includes the Company's first win in Japan. -- The Company's largest order for Microsoft Exchange-based archiving and electronic records management with more than 30,000 seats which will be deployed worldwide. -- Wins were recorded across multiple industry sectors and for all components of the AXS-One Compliance Platform. -- Additional license revenue from existing customers around the world. This includes expansion of the Company's largest Lotus Notes-based customer to 125,000 users and implementations in five data centers globally. -- Announcement of a major new release of the AXS-One Compliance Platform -- Data Preservation Edition -- featuring advanced functionality required to address FRCP (Federal Rules of Civil Procedure) requirements for data preservation. Also, next generation functionality for Lotus Notes message archiving and management. -- Industry recognition, including Lotus Advisor Editors Choice Award for the third consecutive year. -- Two rounds of financing, reduction of expense structure and renewal of bank line of credit. There was significant participation from the Board of Directors in the last round of financing. Members of the Board and senior management bought more than 3.5 million additional shares of AXS-One in the second half of 2007.

Bill Lyons, Chairman & CEO of AXS-One, commented, "During the fourth quarter, the changes we made in operations and our research and development function began to yield results in both sales and product development. Sales of license revenues increased by 73% compared to the fourth quarter of 2006 and more than doubled sequentially compared to the third quarter of 2007. Version 3.7 of our product is the strongest release we have ever announced, both in terms of functionality and performance. We entered 2008 from a position of strength in terms of sales pipeline and momentum. We are blazing a trail in the market for true management of electronic records and are beginning to see our investments in partnerships and alliances, including from our Hosting Division, pay off. For these reasons, we are confident that we will see continued improvement in our sales results around the world during 2008."

Conference call information

Management will conduct a conference call to discuss these results at 5 p.m. Eastern time on February 13, 2008. Interested parties can participate in the call by dialing 706-645-0399 with the conference ID #33235734 or can access the webcast at http://www.axsone.com/investors_events.shtml#upcoming. Interested parties should access the webcast approximately 10-15 minutes before the scheduled start time. The webcast will be archived for 30 days following the call. Interested parties may submit questions prior to the conference call by e-mail to IR@axsone.com.

About AXS-One Inc.

AXS-One Inc. (BULLETIN BOARD: AXSO) is a leading provider of high performance Records Compliance Management software solutions. The AXS-One Compliance Platform enables organizations to implement secure, scalable and enforceable policies that address records management for corporate governance, legal discovery and industry regulations such as SEC17a-4, NASD 3010, Sarbanes-Oxley, HIPAA, The Patriot Act and Gramm-Leach Bliley. AXS-One's award-winning technology has been critically acclaimed as best of class and delivers digital archiving, business process management, electronic document delivery and integrated records disposition and discovery for e-mail, instant messaging, images, SAP and other corporate records. Founded in 1978, and headquartered in Rutherford, NJ, AXS-One has offices worldwide including in the United States, Australia, Singapore, United Kingdom and South Africa. For further information, visit the AXS-One website at http://www.axsone.com/.

AXS-One, the AXS-One logo, "Access Tomorrow Today," and AXSPoint are registered trademarks of, and AXS-One Compliance Platform, AXS-One Central, AXS-One Retention Manager, AXS-One Rapid-AXS, AXS-Link for Desktop, AXS-Link for SAP, AXS-Link for Lotus Notes, AXS-Link for Microsoft Exchange, AXS-One Data Archive Translator, AXS-Link for File System Archiving, AXS-Link for .PST Management, AXS-One Supervision, AXS-One Case Management, "The Records Compliance Management Company" and AXS-Link are trademarks of, AXS-One Inc., in the U.S. All other company and product names are trademarks or registered trademarks of their respective companies.

Special Note Regarding Forward-Looking Statements: A number of statements contained in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. These risks and uncertainties include, but are not limited to: our ability to improve financial and sales performance; potential vulnerability to technological obsolescence; the risks that our current and future products may contain errors or defects that would be difficult and costly to detect and correct; potential difficulties in managing growth; dependence on key personnel; the possible impact of competitive products and pricing; and other risks described in more detail in AXS-One's most current Form 10-K and other Securities and Exchange Commission filings.

Company Contact: IR Contact: Joseph Dwyer Brett Maas AXS-One Inc. Hayden Communications jdwyer@axsone.com brett@haydenir.com (201) 935-3400 (646) 536-7331 -Tables Follow- AXS-ONE INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) December 31, December 31, 2007 2006 ASSETS (unaudited) Current assets: Cash and cash equivalents $3,362 $7,492 Accounts receivable, net of allowance for doubtful accounts 2,208 2,258 Prepaid expenses and other current assets 838 1,262 Total current assets 6,408 11,012 Equipment and leasehold improvements, net of accumulated depreciation 253 419 Other assets 283 102 Total assets $6,944 $11,533 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current liabilities: Accounts payable and accrued expenses $4,934 $4,503 Deferred revenue 3,233 2,594 Liabilities from discontinued operations - 981 Total current liabilities 8,167 8,078 Long-term convertible debt, net of discount 7,037 - Long-term deferred revenue 120 44 Other long-term liabilities 212 - Total long-term liabilities 7,369 44 Stockholders' equity (deficit) (8,592) 3,411 Total liabilities and stockholders' equity $6,944 $11,533 The financial information included in this document is intended only as summary provided for your convenience, and should be read in conjunction with the complete consolidated financial statements of the Company (including the Notes thereto, which set forth important information) contained in its Reports on Form 10-K and 10-Q filed and to be filed by the Company with the U.S. Securities and Exchange Commission(SEC). Such reports are available on the public EDGAR electronic filing system maintained by the SEC. AXS-ONE INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited) Three Months Ended Twelve Months Ended December 31, December 31, 2007 2006 2007 2006 Revenues: License fees $1,213 $700 $4,058 $2,432 Services 2,030 1,839 7,891 7,864 Total revenues 3,243 2,539 11,949 10,296 Operating expenses: Cost of license fees 118 289 489 1,181 Cost of services 1,468 1,883 5,680 8,219 Sales and marketing 1,915 2,362 8,021 9,623 Research and development 1,616 1,570 6,996 6,454 General and administrative 1,117 1,155 4,416 4,649 Restructuring costs and other costs 468 432 468 432 Total operating expenses 6,702 7,691 26,070 30,558 Operating loss (3,459) (5,152) (14,121) (20,262) Other income (expense): Interest income 31 73 191 229 Interest expense (337) (52) (660) (149) Other income (expense), net (39) 545 (69) 567 Total other income (expense), net (345) 566 (538) 647 Loss before income taxes (3,804) (4,586) (14,659) (19,615) Income tax provision 248 - 287 - Loss from continuing operations (4,052) (4,586) (14,946) (19,615) Income from discontinued operations: Income from discontinued operations net of tax provision of $ -- for all periods - 920 - 7,875 Gain on sale of discontinued operations net of tax provision of $200 for 2006 - 17,241 - 17,241 Net income (loss) $(4,052) $13,575 $(14,946) $5,501 Basic & diluted net income (loss) per common share: Loss from continuing operations $(0.11) $(0.13) $(0.42) $(0.57) Income from discontinued operations - 0.02 $- $0.23 Gain on sale of discontinued operations $- 0.50 $- $0.50 Net income (loss) $(0.11) $0.39 $(0.42) $0.16 Weighted average basic & diluted common shares outstanding 36,604 34,527 35,318 34,405 The unaudited financial information included in this document is intended only as summary provided for your convenience, and should be read in conjunction with the complete consolidated financial statements of the Company (including the Notes thereto, which set forth important information) contained in its Reports on Form 10-K and 10-Q filed and to be filed by the Company with the U.S. Securities and Exchange Commission (SEC). Such reports are available on the public EDGAR electronic filing system maintained by the SEC.

AXS-One Inc.

CONTACT: Joseph Dwyer of AXS-One Inc., +1-201-935-3400,
jdwyer@axsone.com; or Brett Maas of Hayden Communications, +1-646-536-7331,
brett@haydenir.com, for AXS-One Inc.

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

NETGEAR(R) Reports Fourth Quarter and 2007 Results- Fourth quarter 2007 net revenue increased to $198.3 million, 21% year- over-year growth- Fourth quarter 2007 non-GAAP net income of $14.8 million, as compared to $14.9 million in the comparable prior year quarter- Fourth quarter 2007 non-GAAP diluted earnings per share of $0.41, as compared to $0.43 in the prior year quarter- 2007 net revenue increased to $727.8 million, as compared to $573.6 million in 2006, 27% year-over-year growth- 2007 non-GAAP net income increased to $60.0 million, as compared to $47.8 million in 2006, 26% year-over year-growth- 2007 non-GAAP diluted earnings per share of $1.68, as compared to $1.38 in 2006, 22% year-over-year growth- Company expects first quarter 2008 net revenue to be in the range of $201 million to $205 million, with non-GAAP operating margin in the range of 11% to 12%

SANTA CLARA, Calif., Feb. 13 /PRNewswire-FirstCall/ -- NETGEAR, Inc. , a worldwide provider of technologically advanced, branded networking products, today reported financial results for the fourth quarter and fiscal year ended December 31, 2007.

Net revenue for the fourth quarter ended December 31, 2007 was $198.3 million, a 21% increase as compared to $164.0 million for the fourth quarter ended December 31, 2006, and an increase of 3% as compared to $191.7 million in the third quarter ended September 30, 2007. Net income, computed in accordance with GAAP, for the fourth quarter of 2007 was $12.5 million, or $0.35 per diluted share. This compared to net income of $13.4 million for the fourth quarter of 2006 and to net income of $13.3 million in the third quarter of 2007. Diluted earnings per share, computed in accordance with GAAP, was $0.38 for the fourth quarter of 2006 and $0.37 for the third quarter of 2007.

Gross margin on a non-GAAP basis in the fourth quarter of 2007 was 32.4%, as compared to 32.5% in the year ago comparable quarter, and 34.0% in the third quarter of 2007. Non-GAAP operating margin was 10.8% in the fourth quarter of 2007, as compared to 11.6% in the fourth quarter of 2006, and 11.7% in the third quarter of 2007. In the fourth quarter of 2007, non-GAAP operating expenses were 21.6% of net revenue, as compared to 20.9% in the year ago comparable quarter, and 22.3% in the prior quarter.

Net income on a non-GAAP basis for the fourth quarter of 2007 was $14.8 million compared to non-GAAP net income of $14.9 million for the fourth quarter of 2006, and compared to non-GAAP net income of $16.0 million for the third quarter of 2007. Non-GAAP net income was $0.41 per diluted share in the fourth quarter of 2007, compared to $0.43 per diluted share in the fourth quarter of 2006 and $0.44 per diluted share in the third quarter of 2007. Non-GAAP net income for the fourth quarter of 2007 excludes $763,000 of adjustments related to amortization of purchased intangibles and acquisition related retention bonuses, net of taxes, related to our recent acquisitions. Non-GAAP net income for the fourth quarter of 2007 also excludes non-cash, stock-based compensation, net of tax, of $1.5 million and a $21,000 benefit due to a reduction in litigation reserve requirements, net of tax. Non-GAAP net income for the fourth quarter of 2006 excludes $278,000 of adjustments related to amortization of purchased intangibles and acquisition related retention bonuses, net of taxes. Non-GAAP net income for the fourth quarter of 2006 also excludes non-cash, stock-based compensation, net of tax, of $1.2 million. Non-GAAP net income for the third quarter of 2007 excludes $811,000 of adjustments related to amortization of purchased intangibles and acquisition related retention bonuses, net of taxes, related to our recent acquisitions. Non-GAAP net income for the third quarter of 2007 also excludes non-cash, stock-based compensation, net of tax, of $1.8 million and $124,000 in litigation reserves, net of tax. The accompanying schedules provide a reconciliation of net income computed on a GAAP basis to net income computed on a non-GAAP basis.

Net revenue for 2007 was $727.8 million, a 27% increase as compared to $573.6 million for 2006. Net income, computed in accordance with GAAP, for 2007 was $46.0 million or $1.28 per diluted share. This net income was a 12% increase compared to net income of $41.1 million for 2006. Earnings per share, computed in accordance with GAAP, was $1.19 per diluted share in 2006.

Non-GAAP net income for 2007 was $60.0 million, a 26% increase compared to non-GAAP net income of $47.8 million for 2006. Non-GAAP net income was $1.68 per diluted share for 2007, compared to $1.38 per diluted share for 2006, a 22% increase. Non-GAAP net income for 2007 excludes $7.4 million of adjustments related to amortization of purchased intangibles and in-process research and development, impact to cost of sales from purchase accounting adjustments to inventory and acquisition related retention bonuses, net of taxes, related to our recent acquisitions. Non-GAAP net income for 2007 also excludes non-cash, stock-based compensation, net of tax, of $6.6 million and $103,000 in litigation reserves, net of tax. Non-GAAP net income for 2006 excludes $3.3 million of adjustments related to amortization of purchased intangibles and in-process research and development, as well as retention bonuses, net of taxes, related to an acquisition. Non-GAAP net income for 2006 also excludes non-cash, stock-based compensation, net of tax, of $3.4 million. The accompanying schedules provide a reconciliation of net income computed on a GAAP basis to net income computed on a non-GAAP basis.

Patrick Lo, Chairman and Chief Executive Officer of NETGEAR, commented, "We had a solid revenue quarter and we believe we made market share gains in all three regions. We continued to see steady growth in the adoption of broadband Internet services in our target customer base. Coupled with our differentiated product offerings and focused channel programs, we believe we continued to outgrow the market in Q4 and the entire year of 2007. We continued to make progress in expanding our channel reach. We increased our retail footprint by 20% in Q4 2007 to over 22,000 retail outlets worldwide, and increased the number of active Value Added Resellers by almost 10% to close to 40,000. In the fourth quarter our net revenue from service providers was approximately 23% of total net revenue, as compared to 22% in the third quarter of 2007, and 28% in the fourth quarter of 2006. We experienced unexpected higher costs of air freight in the fourth quarter, which contributed to the underperformance against our operating margin target. We are in the process of rebidding the air freight service and expect to bring the costs in line in coming quarters."

Christine Gorjanc, Chief Financial Officer of NETGEAR, said, "We ended the fourth quarter of 2007 with net inventory at $83.0 million, compared to $79.3 million at the end of the third quarter of 2007, and $77.9 million at the end of the fourth quarter of 2006. Ending inventory turns were 6.5, compared to 6.5 at the end of the third quarter of 2007, and 5.7 at the end of the fourth quarter of 2006. Days sales outstanding (DSO) were 73 in the fourth quarter of 2007, compared to 66 days in the third quarter of 2007 and 66 days in the fourth quarter of 2006. Cash, cash equivalents and short-term investments were $205.3 million at the end of the fourth quarter of 2007, compared to $177.2 million at the end of the third quarter of 2007, and $197.5 million at the end of the fourth quarter of 2006. Deferred revenue decreased to $7.6 million at the end of the fourth quarter of 2007, compared to deferred revenue of $7.8 million at the end of the third quarter of 2007, and $8.2 million at the end of the fourth quarter of 2006."

The U.S. retail channel inventory ended the fourth quarter of 2007 at 7.6 weeks, compared to 8.4 weeks in the fourth quarter of 2006, and 8.8 weeks in the third quarter of 2007. U.S. distribution channel inventory ended the fourth quarter of 2007 at 5.2 weeks, compared to 3.5 weeks in the fourth quarter of 2006, and 4.2 weeks in the third quarter of 2007. European distribution channel inventory ended the fourth quarter of 2007 at approximately 5.4 weeks, compared to approximately 5.1 weeks in the fourth quarter of 2006, and 4.9 weeks in the third quarter of 2007. Asia Pacific distribution channel inventory ended the fourth quarter of 2007 at approximately 5.2 weeks, compared to approximately 4.2 weeks in the fourth quarter of 2006, and 4.7 weeks in the third quarter of 2007.

Net revenue by geography comprises gross revenue less such items as marketing incentives paid to customers, sales returns and price protection. The following table shows net revenue by geography for the periods indicated:

Net revenue by geography: Three months ended December 31, December 31, September 30, 2007 2006 2007 North America $69,492 35% $51,414 31% $76,357 40% Europe, Middle-East and Africa 107,098 54% 99,963 61% 95,549 50% Asia Pacific 21,669 11% 12,625 8% 19,775 10% $198,259 100% $164,002 100% $191,681 100% Year ended December 31, December 31, 2007 2006 North America $273,695 38% $220,440 38% Europe, Middle-East and Africa 380,354 52% 298,234 52% Asia Pacific 73,738 10% 54,896 10% $727,787 100% $573,570 100%

Looking forward, Mr. Lo added, "Our focus remains on executing our strategy, which is to continuously drive growth through expansion in product line-up, channel penetration, new geographies and profitably expanding our global market share. Our leadership in innovation continued to be recognized by the industry and our customers through a series of awards. We received 4 awards at the Consumer Electronics Show (CES) in Las Vegas in January 2008. PC World Magazine gave our Digital Entertainer HD the Top 10 Most Innovative Product Award. We were awarded the "Best of Innovation in Home Networking" by CES. We were selected by Laptop Magazine as the "Best of Show in WiFi/Home Networking". And we were selected by Popular Mechanics Magazine as the Editor's Choice for CES. The initial market reception of our new RangeMAX N line of WiFi products based on the latest Metamaterial multi antenna technology is very encouraging. We are optimistic that 2008 will be another growth year for the industry and particularly for NETGEAR. We expect normal seasonality in Q1 2008. Specifically, we expect first quarter net revenue to be approximately $201 million to $205 million, with non-GAAP operating margin in the range of 11% to 12%. Finally, we expect the non-GAAP effective tax rate to be approximately 39%."

Investor Conference Call / Webcast Details

NETGEAR will review the fourth quarter 2007 results and discuss management's expectations for the first quarter of 2008 today, Wednesday, February 13, 2008 at 5 p.m. EST (2 p.m. PST). The dial-in number for the live audio call is (201) 689-8560. A live webcast of the conference call will be available on NETGEAR's website at http://www.netgear.com/. A replay of the call will be available 2 hours following the call through midnight EST (9 p.m. PST) on Wednesday, February 20, 2008 by telephone at (201) 612-7415 and via the web at http://www.netgear.com/. The account number to access the phone replay is 3055 and the conference ID number is 273056.

About NETGEAR, Inc.

NETGEAR designs technologically advanced, branded networking solutions that address the specific needs of small and medium business and home users. The Company's product offerings enable users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. As an ENERGY STAR(R) partner, NETGEAR offers products that prevent greenhouse gas emissions by meeting strict energy-efficiency specifications set by the U.S. government. NETGEAR is headquartered in Santa Clara, Calif. For more information, visit the company's Web site at http://www.netgear.com/ or call (408) 907-8000.

NETGEAR(R), and the NETGEAR Logo are trademarks or registered trademarks of NETGEAR, Inc. in the United States and/or other countries. Other brand and product names are trademarks or registered trademarks of their respective holders. Information is subject to change without notice. All rights reserved. Actual data throughput will vary from maximum signal rates stipulated. Network conditions and environmental factors, including volume of network traffic, building materials and construction, and network overhead, lower actual data throughput.

Contact: Joseph Villalta The Ruth Group (646) 536-7003 jvillalta@theruthgroup.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for NETGEAR, Inc.:

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, statements concerning the expected performance characteristics, specifications, market acceptance, market growth, specific uses, user feedback and market position of NETGEAR's products and technology are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including, without limitation, the following: the actual price, performance and ease of use of NETGEAR's products may not meet the price, performance and ease of use requirements of customers, product performance may be adversely affected by real world operating conditions, new viruses or Internet threats may develop that challenge the effectiveness of security features in NETGEAR's products, the ability of NETGEAR to market and sell its products and technology, the impact and pricing of competing products and the introduction of alternative technological solutions. Further information on potential risk factors that could affect NETGEAR and its business are detailed in the Company's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Part II - Item 1A. Risk Factors," pages 27 through 38, in the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2007, filed with the Securities and Exchange Commission on November 9, 2007. NETGEAR undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Use of Non-GAAP Financial Information:

To supplement our consolidated financial statements presented on a GAAP basis, NETGEAR uses non-GAAP measures of operating results, net income and income per share, which are adjusted to exclude certain expenses and tax benefits we believe appropriate to enhance an overall understanding of our past financial performance and also our prospects for the future. These adjustments to our current period GAAP results are made with the intent of providing both management and investors a more complete understanding of NETGEAR's underlying operational results and trends and our marketplace performance. For example, the non-GAAP results are an indication of our baseline performance before charges that are considered by management to be outside of our core operating results. In addition, these adjusted non-GAAP results are among the primary indicators management uses as a basis for our planning and forecasting of future periods. 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.

NETGEAR, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited) Three months ended Year ended December December December December 31, 31, 31, 31, 2007 2006 2007 2006 Net revenue $198,259 $164,002 $727,787 $573,570 Cost of revenue 135,414 110,826 485,180 379,911 Gross profit 62,845 53,176 242,607 193,659 Operating expenses: Research and development 7,189 5,247 28,070 18,443 Sales and marketing 31,182 24,937 117,938 91,881 General and administrative 6,577 5,729 27,220 20,905 In-process research and development - - 4,100 2,900 Litigation reserves (35) - 167 - Total operating expenses 44,913 35,913 177,495 134,129 Income from operations 17,932 17,263 65,112 59,530 Interest income, net 2,002 1,957 8,426 6,974 Other income 146 1,889 3,298 2,495 Income before income taxes 20,080 21,109 76,836 68,999 Provision for income taxes 7,546 7,660 30,882 27,867 Net income $12,534 $13,449 $45,954 $41,132 Net income per share: Basic $0.36 $0.40 $1.32 $1.23 Diluted $0.35 $0.38 $1.28 $1.19 Weighted average shares outstanding used to compute net income per share: Basic 35,193 33,789 34,809 33,381 Diluted 36,101 34,995 35,839 34,553 Stock-based compensation expense was allocated as follows: Cost of revenue $185 $119 $633 $430 Research and development 699 394 2,391 1,119 Sales and marketing 694 450 3,013 1,405 General and administrative 744 455 2,842 1,551 NETGEAR, INC. NON-GAAP CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS Excluding amortization of purchased intangibles, in-process research and development, acquisition related retention bonuses, impact to cost of sales from purchase accounting adjustments to inventory, litigation reserves and stock-based compensation, net of tax. (In thousands, except per share data) (Unaudited) Three months ended Year ended December December December December 31, 31, 31, 31, 2007 2006 2007 2006 Net revenue $198,259 $164,002 $727,787 $573,570 Cost of revenue 134,045 110,632 479,965 379,356 Gross profit 64,214 53,370 247,822 194,214 Operating expenses: Research and development 6,431 4,523 24,901 16,838 Sales and marketing 30,488 24,487 114,925 90,476 General and administrative 5,833 5,274 24,378 19,354 In-process research and development - - - - Litigation reserves - - - - Total operating expenses 42,752 34,284 164,204 126,668 Income from operations 21,462 19,086 83,618 67,546 Interest income, net 2,002 1,957 8,426 6,974 Other income 146 1,889 3,298 2,495 Income before income taxes 23,610 22,932 95,342 77,015 Provision for income taxes 8,841 8,000 35,305 29,168 Net income $14,769 $14,932 $60,037 $47,847 Net income per share: Basic $0.42 $0.44 $1.72 $1.43 Diluted $0.41 $0.43 $1.68 $1.38 Weighted average shares outstanding used to compute net income per share: Basic 35,193 33,789 34,809 33,381 Diluted 36,101 34,995 35,839 34,553 NETGEAR, INC. GAAP TO NON-GAAP RECONCILIATION (In thousands, except per share data) (Unaudited) Three months ended December 31, 2007 GAAP Adjustments Non-GAAP Net revenue $198,259 $- $198,259 Cost of revenue 135,414 1,369 134,045 Gross profit 62,845 (1,369) 64,214 Operating expenses: Research and development 7,189 758 6,431 Sales and marketing 31,182 694 30,488 General and administrative 6,577 744 5,833 In-process research and development - - - Litigation reserves (35) (35) - Total operating expenses 44,913 2,161 42,752 Income from operations 17,932 (3,530) 21,462 Interest income, net 2,002 - 2,002 Other income 146 - 146 Income before income taxes 20,080 (3,530) 23,610 Provision for income taxes 7,546 (1,295) 8,841 Net income $12,534 $(2,235) $14,769 Net income per share: Basic $0.36 $0.42 Diluted $0.35 $0.41 Weighted average shares outstanding used to compute net income per share: Basic 35,193 35,193 Diluted 36,101 36,101 Year ended December 31, 2007 GAAP Adjustments Non-GAAP Net revenue $727,787 $- $727,787 Cost of revenue 485,180 5,215 479,965 Gross profit 242,607 (5,215) 247,822 Operating expenses: Research and development 28,070 3,169 24,901 Sales and marketing 117,938 3,013 114,925 General and administrative 27,220 2,842 24,378 In-process research and development 4,100 4,100 - Litigation reserves 167 167 - Total operating expenses 177,495 13,291 164,204 Income from operations 65,112 (18,506) 83,618 Interest income, net 8,426 - 8,426 Other income 3,298 - 3,298 Income before income taxes 76,836 (18,506) 95,342 Provision for income taxes 30,882 (4,423) 35,305 Net income $45,954 $(14,083) $60,037 Net income per share: Basic $1.32 $1.72 Diluted $1.28 $1.68 Weighted average shares outstanding used to compute net income per share: Basic 34,809 34,809 Diluted 35,839 35,839 NETGEAR, INC. GAAP TO NON-GAAP RECONCILIATION (in thousands, except per share data) (Unaudited) Three months ended December 31, 2006 GAAP Adjustments Non-GAAP Net revenue $164,002 $- $164,002 Cost of revenue 110,826 194 110,632 Gross profit 53,176 (194) 53,370 Operating expenses: Research and development 5,247 724 4,523 Sales and marketing 24,937 450 24,487 General and administrative 5,729 455 5,274 In-process research and development - - - Litigation reserves - - - Total operating expenses 35,913 1,629 34,284 Income from operations 17,263 (1,823) 19,086 Interest income 1,957 - 1,957 Other income 1,889 - 1,889 Income before income taxes 21,109 (1,823) 22,932 Provision for income taxes 7,660 (340) 8,000 Net income $13,449 $(1,483) $14,932 Net income per share: Basic $0.40 $0.44 Diluted $0.38 $0.43 Weighted average shares outstanding used to compute net income per share: Basic 33,789 33,789 Diluted 34,995 34,995 Year ended December 31, 2006 GAAP Adjustments Non-GAAP Net revenue $573,570 $- $573,570 Cost of revenue 379,911 555 379,356 Gross profit 193,659 (555) 194,214 Operating expenses: Research and development 18,443 1,605 16,838 Sales and marketing 91,881 1,405 90,476 General and administrative 20,905 1,551 19,354 In-process research and development 2,900 2,900 - Litigation reserves - - - Total operating expenses 134,129 7,461 126,668 Income from operations 59,530 (8,016) 67,546 Interest income 6,974 - 6,974 Other income 2,495 - 2,495 Income before income taxes 68,999 (8,016) 77,015 Provision for income taxes 27,867 (1,301) 29,168 Net income $41,132 $(6,715) $47,847 Net income per share: Basic $1.23 $1.43 Diluted $1.19 $1.38 Weighted average shares outstanding used to compute net income per share: Basic 33,381 33,381 Diluted 34,553 34,553 NETGEAR, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) December 31, December 31, 2007 2006 ASSETS Current assets: Cash and cash equivalents $167,495 $87,736 Short-term investments 37,848 109,729 Accounts receivable, net 157,765 119,601 Inventories 83,023 77,932 Deferred income taxes 13,091 13,415 Prepaid expenses and other current assets 20,367 15,946 Total current assets 479,589 424,359 Property and equipment, net 11,205 6,568 Intangibles, net 16,319 975 Goodwill 41,985 3,800 Other non-current assets 2,011 2,202 Total assets $551,109 $437,904 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $55,333 $39,818 Accrued employee compensation 16,085 11,803 Other accrued liabilities 89,470 75,909 Deferred revenue 7,619 8,215 Income taxes payable - 7,737 Total current liabilities 168,507 143,482 Deferred income tax liability 2,626 - Non-current income taxes payable 8,272 - Deferred rent 181 - Total liabilities 179,586 143,482 Stockholders' equity: Common stock 35 33 Additional paid-in capital 252,421 221,487 Cumulative other comprehensive gain (loss) 101 (5) Retained earnings 118,966 72,907 Total stockholders' equity 371,523 294,422 Total liabilities and stockholders' equity $551,109 $437,904

NETGEAR, Inc.

CONTACT: Joseph Villalta of The Ruth Group, +1-646-536-7003,
jvillalta@theruthgroup.com, for NETGEAR, Inc.

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

SMTC Corporation Schedules Fourth Quarter Results

TORONTO, Feb. 13 /PRNewswire-FirstCall/ -- SMTC Corporation (TSX: SMX), a global electronics manufacturing services (EMS) provider, has scheduled its fourth quarter results teleconference.

The teleconference will be held on March 6th at 5:00 PM EST. Those wishing to listen to the teleconference should access the webcast at the investor relations section of SMTC's website http://www.smtc.com/. A rebroadcast of the webcast will be available on SMTC's website following the teleconference.

Participants should ensure that they have a current version of Microsoft Windows Media Player before accessing the webcast.

Members of the investment community wishing to ask questions during the teleconference may access the teleconference by dialing 416-644-3419 or 1-800-731-6941 ten minutes prior to the scheduled start time. A rebroadcast will be available following the teleconference by dialing 416-640-1917 or 1-877-289-8525, pass code 21262394 followed by the pound key.

About SMTC Corporation: SMTC Corporation, founded in 1985, is a mid-size provider of end-to-end electronics manufacturing services (EMS) including PCBA production, systems integration and comprehensive testing services, enclosure fabrication, as well as product design, sustaining engineering and supply chain management services. SMTC facilities span a broad footprint in the United States, Canada, and Mexico, and a partnering relationship in China, with over 1300 full time employees. SMTC services extend over the entire electronic product life cycle from the development and introduction of new products through to the growth, maturity and end-of-life phases. SMTC offers fully integrated contract manufacturing services with a distinctive approach to global original equipment manufacturers (OEMs) and emerging technology companies primarily within industrial, computing and communication market segments.

SMTC is a public company incorporated in Delaware with its shares traded on the Nasdaq National Market System under the symbol SMTX and on the Toronto Stock Exchange under the symbol SMX. For further information on SMTC Corporation, please visit our website at http://www.smtc.com/ (http://www.smtc.com/)

Note for Investors: The statements contained in this release that are not purely historical are forward-looking statements which involve risk and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. These statements may be identified by their use of forward-looking terminology such as "believes", "expect", "may", "should", "would", "will", "intends", "plans", "estimates", "anticipates" and similar words, and include, but are not limited to, statements regarding the expectations, intentions or strategies of SMTC Corporation. For these statements, we claim the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995. Risks and uncertainties that may cause future results to differ from forward-looking statements include the challenges of managing quickly expanding operations and integrating acquired companies, fluctuations in demand for customers' products and changes in customers' product sources, competition in the EMS industry, component shortages, and others discussed in the Company's most recent filings with securities regulators in the United States and Canada. The forward-looking statements contained in this release are made as of the date hereof and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ materially from those projected in the forward-looking statements.

SMTC Corporation

CONTACT: Jane Todd, Senior Vice President, Finance and Chief Financial
Officer, (905) 413-1300, Email: jane.todd@smtc.com

SureWest Communications Completes Everest Broadband Acquisition

ROSEVILLE, Calif., Feb. 13 /PRNewswire-FirstCall/ -- Leading independent communications holding company SureWest Communications announced today that it has completed the previously announced acquisition of all of the issued and outstanding stock of Everest Broadband, Inc. ("Everest") for a purchase price of $173 million. Everest is a competitive provider of high-speed data, video and voice services in the greater Kansas City area. The transaction more than doubles SureWest's triple-play residential base and facilitates the rapid expansion of its business services.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050908/SFSUREWESTLOGO) About SureWest Communications

SureWest Communications (http://www.surewest.com/) is one of the nation's leading integrated communications providers and is the bandwidth leader in the markets it serves under the SureWest and Everest brands. Headquartered in Northern California for more than 90 years, SureWest's bundled residential and commercial offerings include an array of advanced IP-based digital video, high-speed Internet, local and long distance telephone, and wireless PCS. Its fiber-to-the-premise IP-based network features high-definition video and symmetrical Internet speeds of up to 50 Mbps. In the greater Kansas City region, Everest Broadband (http://www.everestkc.com/) is a network-based residential and commercial provider of voice, digital video and high-speed Internet services.

Contact: Ron Rogers Media Relations 916-746-3123 r.rogers@surewest.com

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PRN Photo Desk, photodesk@prnewswire.com SureWest Communications

CONTACT: Ron Rogers, Media Relations of SureWest Communications,
+1-916-746-3123, r.rogers@surewest.com

Web site: http://www.surewest.com/
http://www.everestkc.com/

Video: World's Largest Digital Display to Showcase Videos from MultiVuDisplay of video on the Reuters Sign in Times Square will reach millions of viewers daily

NEW YORK, Feb. 13 /PRNewswire/ -- MultiVu, PR Newswire's multimedia and broadcast public relations company, is now offering its customers a unique opportunity to reach millions of consumers each day with video messages displayed on the 23-story high Reuters digital billboard located in New York's Times Square, the largest of its kind in the world, the company announced today.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080213/NYW112 ) (Logos: http://www.newscom.com/cgi-bin/prnh/20000306/PRNLOGO http://www.newscom.com/cgi-bin/prnh/20020501/NYW077LOGO )

To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/prnewswire/31780/

The placement of MultiVu's customers' video on the Reuters Sign marks a natural extension of an extremely successful partnership entered into in March 2007 between PR Newswire and Times Square2, a division of Reuters and manager of the Reuters Sign. The initial agreement, which was the first of its kind, placed PR Newswire's customers' photos on the 7,400-square-foot billboard, which is seen by an estimated 1.5 million people who pass through Times Square daily.

"In this day and age the most successful communications programs are the ones that embrace new technologies that connect organizations directly with consumers," said Dave Armon, chief operating officer, PR Newswire. "It is our role at PR Newswire to leverage these new technologies and create new mediums for our customers to deliver their messages. Blogs and social networks -- especially those centered around video -- have become a mainstay of our distribution, targeting and measurement services, and now with the introduction of Times Square Video, we are giving our customers a new and unique way to reach their customers, investors or other interested parties directly."

"Video that will render well in this new medium must be concise, extremely visually appealing and eye-catching, and of course able to tell a story or convey a message without audio," said Bev Yehuda, vice president of Products, MultiVu. "MultiVu's industry-leading production staff will work closely with our clients to counsel them on editing existing video or will create new, custom video from scratch."

Through MultiVu, organizations can create customized video segments to be displayed on the Reuters billboard. The video segments will be accompanied by a headline of up to 100 characters, and a company logo.

According to a study by eMarketer, a leading market research firm, companies spent $775 million in online video ads in 2007, and are projected to spend $4.3 billion by 2011. MultiVu is expecting to attract non-traditional customers, such as those putting resources towards online video advertising, with this new video offering, according to Yehuda.

Universal Music Enterprises (Ume) used MultiVu's Times Square Video Service in conjunction with the promotion of the 2008 GRAMMY Nominees CD.

"In addition to Universal Music Enterprises, early users of MultiVu's Times Square Video Service include other leading consumer brands such as PepsiCo, Smart Balance and Neiman Marcus," said Yehuda. "These are the types of companies that have traditionally invested their marketing and branding dollars into television, online and print advertisements; Times Square Video offers them yet another avenue to target buyers, in an extremely cost-effective and meaningful way."

About PR Newswire

PR Newswire Association LLC (http://www.prnewswire.com/) provides electronic distribution, targeting, measurement and broadcast services on behalf of tens of thousands of corporate, government, association, labor, non-profit, and other customers worldwide. Using PR Newswire, these organizations reach a variety of critical audiences including the news media, the investment community, government decision-makers, and the general public with their up-to-the-minute, full-text news developments.

Established in 1954, PR Newswire has offices in 14 countries and routinely sends its customers' news to outlets in 135 countries and in more than 40 languages. Utilizing the latest in communications technology, PR Newswire content is considered a mainstay among news reporters, investors and individuals who seek breaking news from the source. PR Newswire's leading services include ProfNet(SM), eWatch(TM), MEDIAtlas(TM), Search Engine Optimization, MediaRoom, MediaSense(TM), MultiVu(TM), U.S. Newswire, the preeminent policy newswire in the industry, and Vintage Filings, the fastest growing Edgar filing company. PR Newswire is a subsidiary of United Business Media plc of London.

Media Contact Information: Rachel Meranus Vice President, Public Relations PR Newswire 201.360.6776 rachel.meranus@prnewswire.com

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AP PhotoExpress Network: PRN21
PRN Photo Desk, photodesk@prnewswire.com Video: http://www.prnewswire.com/mnr/prnewswire/31780 PR Newswire Association LLC

CONTACT: Rachel Meranus, Vice President, Public Relations, PR Newswire
+1-201-360-6776, rachel.meranus@prnewswire.com

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

Bally Technologies, Inc. Announces Record Revenue and Earnings for Second Quarter Fiscal 2008- Reports $0.42 Diluted EPS and Operating Margin of 20 Percent on Revenues of $231 Million- Systems Revenue Up 95 Percent to Record $56.3 Million for the Quarter- Raises Fiscal 2008 Revenue and Diluted EPS Guidance

LAS VEGAS, Feb. 13 /PRNewswire-FirstCall/ -- Bally Technologies, Inc. , a leader in slots, video machines, casino management systems and networked solutions for the global gaming industry, announced today diluted earnings per share ("Diluted EPS") of $0.42 and $0.79 and revenue of $230.7 million and $419.7 million for the three months and six months ended December 31, 2007, respectively. Diluted EPS adjusted for share-based compensation ("Adjusted EPS") for the three months and six months ended December 31, 2007 was $0.45 and $0.86, respectively.

"We are very pleased to report record quarterly results for our second quarter," said Richard M. Haddrill, the Company's Chief Executive Officer. "Our great game performance and continued system success is reflected in record quarterly revenues in each of our game sales, gaming operations and systems businesses."

Second Quarter Fiscal 2008 Highlights Three Months Ended Six Months Ended December 31, December 31, 2007 2006 2007 2006 (dollars in millions, except per share amounts) Revenues: Bally Gaming and Systems $218.9 $139.7 $396.5 $281.6 Casino Operations 11.8 11.2 23.2 23.1 Total Revenue $230.7 $150.9 $419.7 $304.7 Net income (loss) $24.4 $(2.5) $45.7 $(2.7) Adjusted EBITDA $63.9 $23.4 $122.4 $49.8 Diluted EPS $0.42 $(.05) $0.79 $(.05)

Three Months Ended December 31, 2007 Compared with Three Months Ended December 31, 2006

-- Total revenues increased 53 percent to $230.7 million as compared with $150.9 million in the same period last year. -- Operating income increased by $41.1 million to $46.8 million, as compared with $5.7 million in the same period last year; operating margin was 20 percent in the three months ended December 31, 2007. -- Net income increased by $26.9 million to $24.4 million, as compared with a loss of $2.5 million in the same period last year, primarily as a result of improved margin and cost leverage. -- Adjusted EBITDA was $63.9 million, a 172 percent increase as compared with the same period last year. -- Selling, general and administrative expenses declined to 26 percent of total revenue from 33 percent as compared with the same period last year.

Six Months Ended December 31, 2007 Compared with Six Months Ended December 31, 2006

-- Total revenues increased 38 percent to $419.7 million as compared with $304.7 million in the same period last year. -- Operating income increased by $74.0 million to $88.0 million, as compared with $14.0 million in the same period last year; operating margin was 21 percent in the six months ended December 31, 2007. -- Net income increased by $48.4 million to $45.7 million, as compared with a loss of $2.7 million in the same period last year, primarily as a result of improved margin and cost leverage. -- Adjusted EBITDA was $122.4 million, a 146 percent increase as compared with the same period last year. -- Selling, general and administrative expenses declined to 27 percent of total revenue from 33 percent as compared with the same period last year.

"We are again pleased with our operating leverage this quarter," said Robert C. Caller, the Company's Chief Financial Officer. "Our SG&A in the current quarter compared with the September 2007 quarter increased by $8.7 million primarily due to higher professional and accounting fees, Global Gaming Expo trade-show expenses, and commission and bad-debt expenses associated with higher revenue. However, as a percent of revenue, SG&A decreased to 26 percent from 28 percent in the September 2007 quarter."

Unaudited summary financial information for the Bally Gaming Equipment and Systems segment for the three months and six months ended December 31, 2007 and 2006 are presented below:

Three Months Ended December 31, Six Months Ended December 31, % % % % 2007 Rev 2006 Rev 2007 Rev 2006 Rev (dollars in millions) Revenues: Gaming Equipment $108.4 49% $70.4 50% $192.7 49% $132.7 47% Gaming Operations 54.2 25% 40.4 29% 108.3 27% 81.0 29% Systems 56.3 26% 28.9 21% 95.5 24% 67.9 24% Total revenues $218.9 100% $139.7 100% $396.5 100% $281.6 100% Gross Margin: Gaming Equipment (1) $47.7 44% $24.1 34% $86.6 45% $44.1 33% Gaming Operations 31.4 58% 23.3 58% 67.4 62% 46.4 57% Systems (1) 40.9 73% 20.8 72% 70.9 74% 45.9 68% Total Gross margin $120.0 55% $68.2 49% $224.9 57% $136.4 48% Selling, general and administrative $50.6 23% $41.6 30% $91.6 23% $82.1 29% Research and development costs 14.7 7% 13.3 10% 28.0 7% 25.9 9% Depreciation and amortization 3.5 2% 4.4 3% 7.4 2% 8.6 3% Operating income $51.2 23% $8.9 6% $97.9 25% $19.8 7% (1) Gross Margin from Gaming Equipment and Systems excludes amortization related to certain intangibles, including core technology and license rights, which are included in depreciation and amortization. Three Months Ended Six Months Ended December 31, December 31, 2007 2006 2007 2006 Operating Statistics: New gaming devices sold 7,144 4,672 12,295 8,099 Original Equipment Manufacturer ("OEM") units sold - 460 - 1,605 New unit Average Selling Price ("ASP") $13,147 $12,620 $13,201 $12,363 End-of-period installed base: Wide-area and local-area progressive systems 1,325 1,479 Rental and daily-fee games (2) 9,290 4,893 Lottery systems 7,851 7,164 Centrally determined systems (1) 42,773 30,987 (1) Daily fee revenue from approximately 7,400 units included in centrally determined systems end of period installed base total as of December 31, 2007 has been deferred, and is not included in gaming operations revenue until completion of certain contractual commitments necessary to recognize revenue under the Company's revenue-recognition policy. There were no similar deferrals as of December 31, 2006. (2) Certain devices previously included in centrally determined systems that were converted to standalone devices have been reclassified to rental and daily-fee games. Highlights of Certain Results for the Three Months Ended December 31, 2007 Gaming Equipment -- Revenues increased to approximately $108.4 million, a 54 percent increase as compared with the same period last year. -- A 53 percent increase in new gaming device sales to 7,144 units as compared with 4,672 units in the same period last year. -- A 4 percent increase in the ASP of new gaming devices, excluding OEM sales, primarily due to product mix and the effect of foreign currency exchange rates on international pricing. -- Gross margin increased from 34 percent in the same period last year to 44 percent, a slight decline from 46 percent in the first quarter of fiscal 2008. The improvement in margins over the same period last year was primarily related to the increase in ASP discussed above, the elimination of lower margin OEM sales, and improved purchasing and manufacturing efficiencies due to increased volumes and lower manufacturing costs. Game equipment margins were negatively impacted by approximately $2.0 million in one-time expenses related to the entrance into new international markets in the current quarter. Gaming Operations -- Revenues increased 34 percent to approximately $54.2 million as compared with the same period last year. -- Gross margin remained consistent at 58 percent in this year and in the same period last year. -- Revenue and gross margin in fiscal 2007 includes daily fees that relate to certain contracts that were deferred in the first and second quarter of fiscal 2008 due to new contractual commitments made to the customers. Approximately $4.4 million in daily fees generated during the second quarter of fiscal 2008 were deferred pending delivery of the commitments. -- Revenue and gross margin was negatively impacted by $1.1 million due to the additional deferred revenue and normal seasonality and the softness in casino revenues in the domestic market compared with the September 2007 quarter. -- Gross margins were negatively impacted by the deferral of revenue discussed above and approximately $2.0 million of jackpot expenses compared with the September 2007 quarter and the same period last year. Systems -- Revenues increased 95 percent to approximately $56.3 million as compared with the same period last year, primarily as a result of continued acceptance of the Company's products and an increase in the number of go-lives. -- Gross margin increased slightly to 73 percent from 72 percent in the same period last year. -- Maintenance revenues increased to approximately $9.9 million from approximately $8.3 million in the same period last year. -- As of December 31, 2007, the Company had sold approximately 67,000 units of its iVIEW(TM) player-communication units. iVIEW units purchased and committed to be purchased now exceed 97,000. Highlights of Certain Results for the Six Months Ended December 31, 2007 Gaming Equipment -- Revenues increased 45 percent to approximately $192.7 million as compared with the same period last year. -- A 52 percent increase in new gaming device sales to 12,295 units as compared with 8,099 units in the same period last year. -- A 7 percent increase in the ASP of new gaming devices, excluding OEM sales, primarily due to product mix and the effect of foreign currency exchange rates on international pricing. ASP was negatively impacted in the prior year as a result of incentive pricing and discounts offered to customers related to the roll-out of Bally's Alpha OS(TM) platform products. -- Gross margin increased to 45 percent from 33 percent in the same period last year. The improvement in margins was primarily related to the increase in ASP discussed above, the elimination of lower margin OEM sales, and improved purchasing and manufacturing efficiencies related to increased volumes and lower manufacturing costs. Gaming Operations -- Revenues increased 34 percent to approximately $108.3 million as compared with the same period last year. -- Revenue and gross margin in fiscal 2007 include daily fees that relate to certain contracts that were deferred in the first and second quarter of fiscal 2008 due to new contractual commitments made to customers. Approximately $7.6 million in daily fees generated during the six months ended December 31, 2007 was deferred pending delivery of the commitments. Systems -- Revenues increased 41 percent to approximately $95.5 million as compared with the same period last year primarily as a result of continued acceptance of the Company's products and an increase in the number of go-lives principally in the second quarter for fiscal 2008. -- Gross margin increased to 74 percent from 68 percent in the same period last year primarily as a result of an increase in the proportion of software and maintenance sales as compared with hardware sales. Hardware sales have lower gross margins compared with software and maintenance revenue. -- Maintenance revenues increased to approximately $19.3 million from approximately $15.9 million in the same period last year. Fiscal 2008 Business Update

The Company raised its fiscal 2008 guidance for Diluted EPS to $1.62 to $1.87, from an earlier range of $1.60 to $1.90. Adjusted EPS is now estimated between $1.75 to $2.05 from an earlier range of $1.70 to $2.00.

The Company now expects revenues in fiscal 2008 to exceed $875 million, with continued year-over-year growth in each of game sales, gaming operations and system revenues. The Company continues to forecast an increase in the placement of premium daily-fee games and an increase in the number of gaming devices sold, and also expects margins on game sales and operations to continue to improve in fiscal 2008 as compared with fiscal 2007. The Company also continues to expect its selling, general and administrative expenses as a percentage of revenue to be lower in fiscal 2008 as compared with fiscal 2007. The Company expects its effective tax rate for fiscal 2008 will be between 37 and 38 percent.

The Company has provided this broad range of earnings guidance to give investors general information on the overall direction of its business. The guidance provided is subject to numerous uncertainties, including, among others, overall economic conditions, the market for gaming devices and systems, competitive product introductions, complex revenue recognition rules related to the Company's business, and assumptions about the Company's new product introductions and regulatory approvals. The Company may update this fiscal 2008 guidance from time to time as the year progresses.

Non-GAAP Financial Measures

The following table reconciles the Company's net income (loss), as determined in accordance with generally accepted accounting principles ("GAAP"), to Adjusted EBITDA:

Three Months Ended Six Months Ended December 31, December 31, 2007 2006 2007 2006 (in 000s) Net income (loss) $24,416 $(2,515) $45,698 $(2,740) Interest expense, net 6,243 9,787 12,503 16,797 Income tax (benefit) expense 15,235 (2,358) 28,344 (1,687) Depreciation and amortization 15,139 14,177 29,254 29,330 Share-based compensation 2,851 4,360 6,585 8,112 Adjusted EBITDA $63,884 $23,451 $122,384 $49,812

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization, including asset charges and share-based compensation) is a supplemental non-GAAP financial measure used by the Company's management and is commonly used by industry analysts to evaluate the Company's financial performance. Adjusted EBITDA provides additional information about the Company's ability to service debt and is frequently used by investors and financial analysts in the gaming industry in measuring and comparing Bally's leverage, liquidity, and operating performance to other gaming companies. Adjusted EBITDA should not be considered an alternative to operating income or net cash from operations as determined in accordance with GAAP. Not all companies calculate Adjusted EBITDA the same way and the Company's presentation may be different from those presented by other companies.

The following table reconciles the Company's Diluted EPS, as determined in accordance with GAAP, to the Adjusted EPS:

Three Six Months Ended Months Ended December 31, December 31, Fiscal 2008 Range 2007 2007 Low High Diluted EPS $0.42 $0.79 $1.60 $1.90 Share-based compensation, net of income tax benefit 0.03 0.07 0.15 0.15 Adjusted EPS $0.45 $0.86 $1.75 $2.05

The Company provides Adjusted EPS for the three months and six months ended December 31, 2007 and the estimated range of Adjusted EPS for fiscal 2008 in this press release as additional information regarding the Company's operating results for the three months and six months ended December 31, 2007 and expected operating results for fiscal 2008. Adjusted EPS adds back the impact of stock-based compensation, net of tax, to Diluted EPS as determined in accordance with GAAP. The Company believes that this presentation of Adjusted EPS facilitates investors' understanding of Bally's historical operating trends because it provides important supplemental information in evaluating the operating results of the business. Adjusted EPS is not an alternative to Diluted EPS as determined in accordance with GAAP.

Earnings Conference Call and Webcast

As previously announced, the Company is hosting a conference call and webcast at 4:30 p.m. EST (1:30 p.m. PST) on Wednesday, February 13. The conference-call dial-in number is 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 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.

- BALLY TECHNOLOGIES, INC. - BALLY TECHNOLOGIES, INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS Three Months Ended Six Months Ended December 31, December 31, 2007 2006 2007 2006 (in 000s, except per share amounts) Revenues: Gaming equipment and systems $164,730 $99,288 $288,262 $200,595 Gaming operations 54,178 40,420 108,256 81,039 Casino operations 11,744 11,238 23,164 23,077 230,652 150,946 419,682 304,711 Costs and expenses: Cost of gaming equipment and systems(1) 76,139 54,403 130,802 110,550 Cost of gaming operations 22,757 17,124 40,816 34,666 Direct cost of casino operations 4,719 4,439 9,431 8,901 Selling, general and administrative 60,992 50,427 113,263 99,847 Research and development costs 14,647 13,307 27,956 25,863 Depreciation and amortization 4,596 5,524 9,450 10,875 183,850 145,224 331,718 290,702 Operating income 46,802 5,722 87,964 14,009 Other income (expense): Interest income 1,027 413 2,004 1,324 Interest expense (7,270) (10,200) (14,507) (18,121) Other, net 116 800 993 1,183 Income before income taxes and minority interest 40,675 (3,265) 76,454 (1,605) Income tax (expense) benefit (15,235) 2,358 (28,344) 1,687 Minority interest (1,024) (1,608) (2,412) (2,822) Net income (loss) $24,416 $(2,515) $45,698 $(2,740) Basic and diluted earnings (loss) per share: Basic earnings (loss) per share $0.45 $(0.05) $0.84 $(0.05) Diluted earnings (loss) per share $0.42 $(0.05) $0.79 $(0.05) Weighted average shares outstanding: Basic 54,382 53,072 54,213 52,985 Diluted 58,524 53,072 57,970 52,985 (1) Cost of gaming equipment and systems excludes amortization related to certain intangibles, including core technology and license rights, which are included in depreciation and amortization. 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/

Ingram Micro Reports Fourth Quarter and Full-Year 2007 ResultsRecord annual revenue and net incomeQuarterly revenues surpass $10 billionAll regions exceed 170 basis points of operating margin for the quarter

SANTA ANA, Calif., Feb. 13 /PRNewswire-FirstCall/ -- Ingram Micro Inc. , the world's largest technology distributor, today announced financial results for the fourth quarter and fiscal year of 2007, which ended Dec. 29, 2007.

Worldwide sales for the fourth quarter were $10.01 billion, a 13-percent increase from $8.85 billion in the prior-year period. The translation impact of the relatively stronger foreign currencies had an approximate six-percentage-point positive effect on comparisons to the prior year. Sales for the 2007 fiscal year were a record $35.05 billion, a 12-percent increase over 2006.

Fourth quarter net income was $114.1 million or $0.64 per diluted share, compared with net income of $91.7 million or $0.53 per diluted share, in the prior year fourth quarter. 2007 fourth quarter results include the following items:

-- The release of a portion of the reserve recorded in the first quarter of 2007 for commercial taxes on software imports into Brazil. The partial reserve release relates to the period from October through December 2002, for which the statute of limitations for an assessment has expired. The benefit from this reserve release was $3.6 million, before and after tax, or $0.02 per diluted share. -- A gain of approximately $2.9 million, or approximately $0.01 per diluted share, from the sale of the company's Asian semiconductor business, which was acquired in the late 1990s as part of the company's initial entry into Asia-Pacific. As the business no longer fits the company's strategy, it was sold to Tomen Electronics, a Japanese company, in late December.

"I'm pleased with the progress we made in 2007 -- both for the fourth quarter and the fiscal year," said Gregory M. Spierkel, chief executive officer, Ingram Micro Inc. "Our record sales and net income results were driven by operational improvements and long-term strategic investments in our four market-leading regional operations."

Additional Fourth-Quarter Highlights

For additional detail regarding the results outlined below, please refer to the financial statements and schedules attached to this news release or visit http://www.ingrammicro.com/.

Regional Sales -- North American sales were $3.83 billion (38 percent of total revenues), an increase of four percent versus the $3.68 billion reported in the year-ago quarter. As described throughout 2007, warranty contract sales on behalf of vendors are now recognized as net fees, rather than gross revenues and cost of sales as reported in the prior-year period, which had an approximate four-percentage-point negative impact on growth rates when compared to the year-ago quarter. -- Europe, Middle East and Africa (EMEA) sales were $3.75 billion (38 percent of total revenues), an increase of 16 percent versus the $3.23 billion in the year-ago quarter. The translation impact of the relatively stronger European currencies had an approximate 12-percentage-point positive effect on comparisons to the prior year. -- Asia-Pacific sales were $1.94 billion (19 percent of total revenues), an increase of 29 percent versus the $1.50 billion reported in year- ago quarter. The translation impact of the relatively stronger regional currencies had an approximate 12-percentage-point positive effect on comparisons to the prior year. -- Latin American sales were $481 million (five percent of total revenues), an increase of eight percent versus the $444 million in the year-ago quarter. Gross Margin

Gross margin was 5.82 percent, an increase of 37 basis points versus the prior-year quarter. The partial release of commercial tax reserves in Brazil, described above, had a positive impact of four basis points. The remaining increase is primarily attributable to the resolution of operational issues related to the upgrade to a new warehouse management system in Germany in late 2006, as well as the positive effect of the net reporting of warranty contract sales, described previously, which had a favorable impact of approximately eight basis points. Gross margin was also enhanced by the higher-margin sales of DBL Distributing, acquired in the second quarter of 2007, and by year-over-year growth in the company's fee-for-service logistics business. Sequentially, gross margin improved 30 basis points versus the third quarter of 2007, driven by greater holiday activity in the logistics business and higher-margin specialty areas.

Operating Expenses

Total operating expenses were $406.7 million, or 4.06 percent of revenues, versus $340.7 million, or 3.85 percent of revenues, in the year-ago quarter. The increase in operating expenses as a percentage of revenues is primarily attributable to growth in the fee-for-services business, investments in adjacencies and services and higher stock-based compensation. In addition, the net reporting of warranty contract sales, as described above, had a five-basis-point unfavorable impact on expenses as a percentage of revenues in the current year.

Operating Income

Worldwide operating income was $176.0 million or 1.76 percent of revenues, which included the gains on the release of the Brazilian commercial tax reserves and on the sale of the Asian semiconductor business described above, for a total positive impact of six basis points of revenues. In the year-ago quarter, operating income was $141.7 million or 1.60 percent of revenues which included a $4-million recovery from a customer bankruptcy.

-- North American operating income was $68.9 million or 1.80 percent of revenues. In the prior year, operating income was $64.6 million or 1.76 percent of revenues which included a $4-million recovery from a customer bankruptcy, as described above. -- EMEA operating income increased nearly 32 percent -- to $64.7 million or 1.72 percent of revenues from $49.2 million or 1.52 percent of revenues in the year-ago quarter -- due, in part, to the resolution of operational issues related to the German warehouse management system in the prior year. -- Asia-Pacific operating income was $35.9 million or 1.85 percent of revenues versus $22.8 million or 1.52 percent in the year-ago quarter. The current year operating income includes a $2.9 million gain, or 15 basis points of revenues, on the sale of the semiconductor business in Asia. -- Latin American operating income was $16.1 million or 3.35 percent of revenues, which includes the previously described release of the commercial tax reserve in Brazil of $3.6 million or 75 basis points of revenues. In the year-ago quarter operating income was $11.8 million or 2.66 percent of revenues. -- Stock-based compensation expense of $9.6 million in the current quarter and $6.7 million in the prior-year quarter is presented as a separate reconciling amount in the company's segment reporting in both periods. As such, these expenses are not included in the regional operating results, but are included in the worldwide operating results.

Other expenses for the quarter were $18.2 million versus $16.0 million in the year-ago period.

The effective tax rate was approximately 28 percent versus 27 percent in the prior year quarter, primarily due to the mix of profits among various tax jurisdictions.

Total depreciation and amortization was $17.3 million. Capital expenditures were approximately $15.2 million. Balance Sheet -- The cash balance at the end of the quarter was $580 million, an increase of $246 million over the balance at the end of 2006. -- Total debt was $523 million, an increase of $14 million from year-end 2006. In the prior-year period, the debt balance excluded $69 million of off-balance sheet debt related to receivables that were sold under a factoring facility. Debt-to-capitalization was 13 percent, a decrease of two percentage points versus the end of 2006. -- The company repurchased approximately 1.3 million shares during the fourth quarter of 2007, for an aggregate amount of $25 million, with another 0.9 million shares repurchased in January for $15 million. -- Inventory was $2.77 billion compared to $2.68 billion at the end of the prior year. Days of inventory outstanding were 27, a two-day improvement compared to year-end 2006. -- Working capital days were 22, essentially flat when compared to year-end 2006.

"While I'm proud that we surpassed the $10-billion mark in quarterly sales and broke another annual sales record, the profitability of our regions -- all exceeding operating margins of 170 basis points for the first time -- is a greater achievement," said William D. Humes, executive vice president and chief financial officer, Ingram Micro Inc. "Sales and net income out-performed our guidance range, due in large part to our overall achievement in Asia-Pacific and operating income growth in EMEA."

Fiscal Year Results

For the fiscal year ended Dec. 29, 2007, worldwide sales were $35.05 billion, a 12-percent increase over the $31.36 billion reported a year ago, to which the translation impact of stronger foreign currencies had an approximate five-percentage-point positive effect on comparisons to the prior year. Regional sales were $13.92 billion for North America (a two-percent increase versus the prior-year period, with the warranty contract sales reclassification unfavorably impacting comparisons by four percentage points); $12.44 billion for Europe (an increase of 16 percent, to which the translation impact of stronger currencies had an approximate 11-percentage-point positive effect on comparisons to the prior year); $7.13 billion for Asia-Pacific (an increase of 29 percent, to which the translation impact of stronger currencies had an approximate 10-percentage-point positive effect on comparisons to the prior year); and $1.55 billion for Latin America (an increase of five percent).

Full-year results were impacted by previously disclosed charges totaling $45.1 million pre-tax, ($39.3 million after tax or $0.22 per diluted share) which included: 1) a net charge for commercial taxes on software imports into Brazil of $30.1 million before and after tax or $0.17 per diluted share, including the current quarter release of a portion of these reserves as described previously; and 2) a second-quarter pre-tax charge of $15.0 million, ($9.2 million after tax or $0.05 per diluted share) related to an SEC inquiry.

Worldwide operating income for the 2007 fiscal year was $446.4 million, or 1.27 percent of revenues, which includes the charges described above. The net Brazilian tax charge had a nine-basis-point negative impact on full-year operating margin and the SEC-inquiry charge had a four-basis-point negative impact on full-year operating margin. In the year-ago period, operating income was $422.4 million, or 1.35 percent of revenues.

Net income for the 2007 fiscal year was $275.9 million, or $1.56 per diluted share, which includes the charges described above. In the year-ago period, net income was $265.8 million, or $1.56 per diluted share.

Capital expenditures for the full year were $49.8 million, while total depreciation and amortization was $64.1 million.

Outlook for the First Quarter

The following statements are based on the company's current expectations and internal forecasts. These statements are forward-looking and actual results may differ materially, as outlined in the company's periodic filings with the Securities and Exchange Commission.

The company's expected results for the first quarter ending March 29, 2008, include:

-- Revenue of $8.75 billion to $9.00 billion. -- Net income of $63 million to $71 million, or $0.36 to $0.40 per diluted share.

The expected results are based on approximately 177 million weighted average shares outstanding and a 28-percent effective tax rate.

"We believe our outlook is solid in light of concerns about the worldwide economic environment," said Spierkel. "We are experiencing some softness in Europe and North America, which is reflected in our guidance, but Asia-Pacific and Latin America remain strong. Our strategic investments are an advantage in this environment by providing geographic, market-segment and business-model diversity. Our focus during the quarter will be on tightly managing expenses while continuing to cultivate areas that will drive growth. I'm confident that our team will continue to perform, as we have proven our ability to excel in challenging markets. I look forward to our future success."

Conference Call and Webcast

Additional information about Ingram Micro's financial results will be presented in a conference call with presentation slides today at 5 p.m. EST. To listen to the conference call webcast and view the accompanying presentation slides, visit the company's Web site at http://www.ingrammicro.com/ (Investor Relations section). The conference call is also accessible by telephone at (888) 455-0750 (toll-free within the United States and Canada) or (210) 839-8501 (other countries).

The replay of the conference call with presentation slides will be available for approximately one week at http://www.ingrammicro.com/ (Investor Relations section) or by calling (800) 678-3180 or (402) 220-3063 outside the United States and Canada.

Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995

The matters in this press release that are forward-looking statements, including but not limited to statements about future revenues, sales levels, operating income, margins, stock-based compensation expense, integration costs, cost synergies, operating efficiencies, profitability, market share and rates of return, are based on current management expectations that involve certain risks which, if realized, in whole or in part, could cause such expectations to fail to be achieved and have a material adverse effect on Ingram Micro's business, financial condition and results of operations, including, without limitation: (1) intense competition, regionally and internationally, including competition from alternative business models, such as manufacturer-to-end-user selling, which may lead to reduced prices, lower sales or reduced sales growth, lower gross margins, extended payment terms with customers, increased capital investment and interest costs, bad debt risks and product supply shortages; (2) integration of our acquired businesses and similar transactions involve various risks and difficulties -- our operations may be adversely impacted by an acquisition that (i) is not suited for us, (ii) is improperly executed, or (iii) substantially increases our debt; (3) foreign exchange rate fluctuations, devaluation of a foreign currency, adverse governmental controls or actions, political or economic instability, or disruption of a foreign market, and other related risks of our international operations may adversely impact our operations in that country or globally; (4) we may not achieve the objectives of our process improvement efforts or be able to adequately adjust our cost structure in a timely fashion to remain competitive, which may cause our profitability to suffer; (5) our failure to attract new sources of profitable business from expansion of products or services or risks associated with entry into new markets, including geographies, products and services, could negatively impact our future operating results; (6) an interruption or failure of or disruptions due to changes to our information systems or subversion of access or other system controls may result in a significant loss of business, assets, or competitive information and may adversely impact our results of operations; (7) significant changes in supplier terms, such as higher thresholds on sales volume before distributors may qualify for discounts and/or rebates, the overall reduction in the amount of incentives available, reduction or termination of price protection, return levels, or other inventory management programs, or reductions in payment terms, may adversely impact our results of operations or financial condition; (8) termination of a supply or services agreement with a major supplier or product supply shortages may adversely impact our results of operations; (9) changes in, or interpretations of, tax rules and regulations may adversely affect our effective tax rates or we may be required to pay additional tax assessments; (10) we cannot predict with certainty, the outcome of the SEC and U.S. Attorney's inquiries or assessments by Brazilian taxing authorities; (11) if there is a downturn in economic conditions for an extended period of time, it will likely have an adverse impact on our business; (12) we may experience loss of business from one or more significant customers, and an increased risk of credit loss as a result of reseller customers' businesses being negatively impacted by dramatic changes in the information technology products and services industry as well as intense competition among resellers -- increased losses, if any, may not be covered by credit insurance or we may not be able to obtain credit insurance at reasonable rates or at all; (13) rapid product improvement and technological change resulting in inventory obsolescence or changes in demand may result in a decline in value of a portion of our inventory; (14) future terrorist or military actions could result in disruption to our operations or loss of assets, in certain markets or globally; (15) the loss of a key executive officer or other key employees, or changes affecting the work force such as government regulations, collective bargaining agreements or the limited availability of qualified personnel, could disrupt operations or increase our cost structure; (16) changes in our credit rating or other market factors may increase our interest expense or other costs of capital, or capital may not be available to us on acceptable terms to fund our working capital needs; (17) our failure to adequately adapt to industry changes and to manage potential growth and/or contractions could negatively impact our future operating results; (18) future periodic assessments required by current or new accounting standards such as those relating to long-lived assets, goodwill and other intangible assets and expensing of stock options may result in additional non-cash charges; (19) seasonal variations in the demand for products and services, as well as the introduction of new products, may cause variations in our quarterly results; and (20) the failure of certain shipping companies to deliver product to us, or from us to our customers, may adversely impact our results of operations.

Ingram Micro has instituted in the past and continues to institute changes to its strategies, operations and processes to address these risk factors and to mitigate their impact on Ingram Micro's results of operations and financial condition. However, no assurances can be given that Ingram Micro will be successful in these efforts. For a further discussion of significant factors to consider in connection with forward-looking statements concerning Ingram Micro, reference is made to Item 1A Risk Factors of Ingram Micro's Annual Report on Form 10-K for the year ended December 30, 2006; other risks or uncertainties may be detailed from time to time in Ingram Micro's future SEC filings. Ingram Micro disclaims any duty to update any forward-looking statements.

About Ingram Micro Inc.

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

Ingram Micro Inc. Consolidated Balance Sheet (Dollars in 000s) (Unaudited) December 29, December 30, 2007 2006 ASSETS Current assets: Cash $579,626 $333,339 Trade accounts receivable, net 4,054,824 3,316,723 Inventories 2,766,148 2,682,558 Other current assets 520,069 413,453 Total current assets 7,920,667 6,746,073 Property and equipment, net 181,416 171,435 Goodwill 733,481 643,714 Other 139,437 143,085 Total assets $8,975,001 $7,704,307 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $4,349,700 $3,788,605 Accrued expenses 602,295 440,383 Current maturities of long-term debt 135,616 238,793 Total current liabilities 5,087,611 4,467,781 Long-term debt, less current maturities 387,500 270,714 Other liabilities 72,948 45,337 Total liabilities 5,548,059 4,783,832 Stockholders' equity 3,426,942 2,920,475 Total liabilities and stockholders' equity $8,975,001 $7,704,307 Ingram Micro Inc. Consolidated Statement of Income (Dollars in 000s, except per share data) (Unaudited) Thirteen Weeks Ended December 29, 2007 December 30, 2006 Net sales $10,007,437 $8,852,793 Cost of sales 9,424,663 8,370,426 Gross profit 582,774 482,367 Operating expenses: Selling, general and administrative 406,737 340,710 Reorganization credits - (23) 406,737 340,687 Income from operations 176,037 141,680 Interest and other 18,179 16,047 Income before income taxes 157,858 125,633 Provision for income taxes 43,740 33,891 Net income $114,118 $91,742 Diluted earnings per share $0.64 $0.53 Diluted weighted average shares outstanding 178,303,743 174,065,664 Ingram Micro Inc. Consolidated Statement of Income (Dollars in 000s, except per share data) (Unaudited) Fifty-two Weeks Ended December 29, 2007 December 30, 2006 Net sales $35,047,089 $31,357,477 Cost of sales 33,137,791 29,672,192 Gross profit 1,909,298 1,685,285 Operating expenses: Selling, general and administrative 1,463,969 1,264,568 Reorganization credits (1,091) (1,727) 1,462,878 1,262,841 Income from operations 446,420 422,444 Interest and other 61,182 55,111 Income before income taxes 385,238 367,333 Provision for income taxes 109,330 101,567 Net income $275,908 $265,766 Diluted earnings per share $1.56 $1.56 Diluted weighted average shares outstanding 176,951,694 170,875,794 Ingram Micro Inc. Supplementary Information Income from Operations (Dollars in 000s) (Unaudited) Thirteen Weeks Ended December 29, 2007 Operating Operating Net Sales Income Margin North America $3,833,660 $68,895 1.80% EMEA 3,750,168 64,661 1.72% Asia-Pacific 1,942,823 35,926 1.85% Latin America 480,786 16,119 (a) 3.35% Reconciling amount (stock-based compensation under SFAS 123R) - (9,564) - Consolidated Total $10,007,437 $176,037 1.76% Thirteen Weeks Ended December 30, 2006 Operating Operating Net Sales Income Margin North America $3,676,471 $64,632 1.76% EMEA 3,232,104 49,152 1.52% Asia-Pacific 1,500,655 22,793 1.52% Latin America 443,563 11,805 2.66% Reconciling amount (stock-based compensation under SFAS 123R) - (6,702) - Consolidated Total $8,852,793 $141,680 1.60% (a) The income from operations recorded in Latin America for the thirteen weeks ended December 29, 2007 includes a benefit of $3,620 related to the release of a portion of the Brazilian commercial tax reserve recorded during the thirteen weeks ended March 31, 2007 (0.75% of Latin America net sales and 0.04% of consolidated net sales). Ingram Micro Inc. Supplementary Information Income from Operations (Dollars in 000s) (Unaudited) Fifty-two Weeks Ended December 29, 2007 Operating Operating Margin Net Sales Income (Loss) (Loss) North America $13,923,186 $219,835 (a) 1.58% EMEA 12,438,644 151,529 1.22% Asia-Pacific 7,133,417 117,306 1.64% Latin America 1,551,842 (4,375)(b) (0.28%) Reconciling amount (stock-based compensation under SFAS 123R) - (37,875) - Consolidated Total $35,047,089 $446,420 1.27% Fifty-two Weeks Ended December 30, 2006 Operating Operating Net Sales Income Margin North America $13,584,978 $225,183 1.66% EMEA 10,753,995 126,823 1.18% Asia-Pacific 5,537,485 69,373 1.25% Latin America 1,481,019 29,940 2.02% Reconciling amount (stock-based compensation under SFAS 123R) - (28,875) - Consolidated Total $31,357,477 $422,444 1.35% (a) The income from operations recorded in North America for the fifty-two weeks ended December 29, 2007 includes a reserve for estimated losses of $15,000 associated with the SEC matter regarding certain transactions with McAfee, Inc. (formerly NAI) from 1998 through 2000 (0.11% of North America net sales and 0.04% of consolidated net sales). (b) The loss from operations recorded in Latin America for the fifty-two weeks ended December 29, 2007 includes a Brazilian commercial tax charge of $30,134, net of the fourth quarter reversal of a portion of this reserve (1.94% of Latin America net sales and 0.09% of consolidated net sales).

Ingram Micro Inc.

CONTACT: Investors, Ria Marie Carlson, +1-714-382-4400,
ria.carlson@ingrammicro.com, or Kay Leyba, +1-714-382-4175,
kay.leyba@ingrammicro.com, or media, Marie Connell, +1-714-382-2009,
marie.connell@ingrammicro.com, or Rekha Parthasarathy, +1-714-382-1319,
rekha@ingrammicro.com, all of Ingram Micro Inc.

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

Solar EnerTech to Present at Roth Capital Partners 20th Annual Growth Stock Conference

MENLO PARK, Calif., Feb. 13 /Xinhua-PRNewswire/ -- Solar EnerTech Corp. (BULLETIN BOARD: SOEN) today announced that the Company will attend the upcoming 20th Annual Roth Capital Partners Growth Stock Conference at the Ritz Carlton Laguna Niguel in Dana Point, California. Management is currently scheduled to present at 9:30 a.m. PST on February 21, 2008. Listeners may access a live webcast of the presentation by visiting http://www.rothcp.com/main/Page.aspx?PageID=7021 .

The conference will feature over 330 micro and small cap companies, and will be held on February 18-21, 2008. For more information regarding the conference, please contact your Roth sales representative.

About Solar EnerTech Corp.

The Company is a PV solar energy cell manufacturing enterprise based in Shanghai, China, where the Company has established a 42,000 square foot manufacturing plant in Shanghai's Jinqiao Modern Technology Park. Currently the facility is capable of producing 25Mw of solar cells from its existing production line. The Company plans to install a second 25Mw production line to better utilize the capacity of the plant and to meet expected future customer demand.

The Company has also established a Joint R&D Lab at Shanghai University to research and develop higher-efficiency cells and to put the results of that research to use in its manufacturing processes. Led by one of the industry's top scientists, the Company expects its R&D program to help bring the Company to the forefront of advanced solar technology research and production. The Company also has a marketing, purchasing and distribution arm in Northern California's Silicon Valley.

For more information, please contact: Bill Zima or Dan Joseph ICR Inc. Tel: +1-203-682-8200

Solar EnerTech Corp.

CONTACT: Bill Zima or Dan Joseph of ICR Inc. for Solar EnerTech Corp.,
+1-203-682-8200 (Investor Relations)

Serenic engages Dollarton Venture Capital to provide investor relations servicesTSX Venture Exchange Symbol "SER"

EDMONTON, Feb. 13 /PRNewswire-FirstCall/ -- Serenic Corporation (TSX-V:SER), ("Serenic" or the "Corporation"), a leading publisher of financial management and business operations software for not-for-profit organizations, is pleased to announce that it has engaged Dollarton Venture Capital ("DVC") to provide investor relations and corporate communication services for the Corporation.

Based in Vancouver, DVC specializes in assisting private and public Canadian companies with an array of services, such as grant proposal assistance, tax credit applications, professional management services and corporate communications. The principals of DVC are Christopher ("Kit") Spence and Nick Waddell.

Serenic CEO Randy Keith noted: "We are pleased to get involved with Dollarton because they truly understand technology companies and appreciate the significance of Serenic's opportunity within the software business. Our belief is that Serenic's current market capitalization, using common industry metrics, is below that of similar companies, and we look forward to working with Dollarton to further enlighten the investor community regarding our opportunities and progress."

DVC President Nick Waddell commented on the engagement: "When we first looked at Serenic, we did so from the perspective of investors. The Company is profitable, has no debt, has a strong cash position, and has a market capitalization that is less than one times trailing twelve month revenues. In talking with Serenic management, we felt that Serenic's top line growth plans are very compelling. Serenic was named Microsoft's Industry Solutions Vendor of the Year, and earned membership in Microsoft's Inner Circle and Presidents Clubs in 2007. And because Randy Keith was the former President of Navision US, which more than doubled in revenues during the three-years he led the company prior to it being acquired by Microsoft, he clearly has the experience to replicate similar growth in Serenic. We believe Serenic's recent Q2 and Q3 reports are an early reflection of the kind of growth we will continue to see as the company continues to expand its sales and marketing reach, and further capitalize on its relationship with Microsoft and their global network of partners."

During the 12-month term of the agreement, Dollarton will be compensated with a monthly retainer fee of $6,000 (six thousand dollars) and 180,000 (one hundred and eighty thousand) options to purchase Serenic shares. The options will have an exercise price of $0.55 with a 15-month term expiring May 15, 2009, and shall vest in equal amounts on May 15th, 2008, August 15th, 2008, November 15th, 2008, and February 15th, 2009. Shares acquired on exercise shall be subject to a 4 month hold period. Pursuant to the terms of the agreement, either party may terminate the agreement or change the scope of services to be provided by Dollarton upon 30 days advance notice, while also adjusting compensation terms to reflect the revised scope of services, if any.

This engagement and agreement is subject to the acceptance of the TSX Venture Exchange.

About Serenic Corporation: http://www.serenic.com/

Serenic develops, markets and supports mission-critical financial management and business operations software for not-for-profit and public sector (government and educational) organizations world-wide. In addition, Serenic is the exclusive developer of the payroll and human capital management products for Microsoft Dynamics NAV solutions marketed within North America.

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this release.

Serenic Corporation

CONTACT: Dollarton Venture Capital, 3860 Dollarton Hwy, North Vancouver,
BC, V7G 1A2, nick@dollartonvc.com, kit@dollartonvc.com

Allscripts Reports Fourth Quarter 2007 ResultsCompany Posts Record Revenue and Earnings per Share for the Year

CHICAGO, Feb. 13 /PRNewswire-FirstCall/ -- Allscripts, the leading provider of clinical software, connectivity and information solutions that physicians use to improve healthcare, today announced results for the three months and year ended December 31, 2007.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061005/ALLSCRIPTSLOGO-b)

Total revenue for the three months ended December 31, 2007 was $73.4 million, compared to $63.6 million for the same period last year. Revenue from software and related services for the three months ended December 31, 2007 was $57.8 million, compared to $48.9 million for the same period last year, increasing by 18.1%. Gross margin percentage was 48.9% for the fourth quarter of 2007, compared to 53.5% during the fourth quarter of 2006.

Net income for the three months ended December 31, 2007 was $5.9 million, or $0.10 per diluted share, compared to net income of $4.5 million, or $0.08 per diluted share, for the same period last year. Non-GAAP adjusted earnings for the three months ended December 31, 2007 were $8.5 million, or $0.14 per diluted share, compared to non-GAAP adjusted earnings of $6.6 million, or $0.11 per diluted share for the same period last year. Non-GAAP adjusted earnings for the three months ended December 31, 2007 and 2006 are comprised of net income giving effect to the add-back of acquisition-related amortization of $1.6 million or $0.03 per diluted share for both reported periods, net of tax, and total stock-based compensation expense of $0.9 million and $0.6 million, respectively, or $0.01 per diluted share for both reported periods, net of tax. Please see "Explanation of Non-GAAP Financial Measures" below for a discussion of non-GAAP adjusted earnings and earnings per share.

As of December 31, 2007 the Company had cash and marketable securities of $63.0 million.

"2007 was a record year for Allscripts in earnings and revenue, demonstrating the interest in and importance of automating our healthcare system," said Glen Tullman, Chief Executive Officer of Allscripts. "In 2008, we will focus on taking advantage of our market-leading position across all segments in which we compete, including leveraging our ECIN acquisition. Our objective is to connect healthcare while continuing to help our clients effectively implement and use all of our solutions to make a difference in the lives of physicians and patients."

Total revenue for the year ended December 31, 2007 was a record $281.9 million, compared to $228.0 million for 2006, an increase of 23.7%. Revenue from software and related services for the year ended December 31, 2007 was $222.7 million, compared to $173.5 million for 2006, increasing by 28.3%.

Total gross margin percentage was 49.8% for the year ended December 31, 2007, compared to 50.9% for the year ended December 31, 2006.

Net income for the year ended December 31, 2007 was $20.6 million, or $0.35 per diluted share, compared to net income of $11.9 million, or $0.22 per diluted share, for 2006. Non-GAAP adjusted earnings for the year ended December 31, 2007 was $29.5 million, or $0.49 per diluted share, compared to adjusted earnings of $19.7 million, or $0.37 per diluted share, for the same period last year. Non-GAAP adjusted earnings for the year ended December 31, 2007 and 2006 are comprised of net income giving effect to the add-back of acquisition-related amortization of $6.4 million for both reported periods, or $0.10 and $0.12 per diluted share, respectively, net of tax, and total stock-based compensation of $2.6 million and $1.4 million, respectively, or $0.04 and $0.03 per diluted share, respectively, net of tax.

Explanation of Non-GAAP Financial Measures

Allscripts reports its financial results in accordance with generally accepted accounting principles, or GAAP. To supplement this information, Allscripts presents in this press release non-GAAP net income (and related per share amounts), which is a non-GAAP financial measure under Section 101 of Regulation G under the Securities Exchange Act of 1934, as amended. Non-GAAP net income consists of GAAP net income, excluding acquisition-related amortization and stock-based compensation expense under SFAS No. 123R, in each case net of any related tax benefit.

-- Acquisition-Related Amortization. Acquisition-related amortization expense is a non-cash expense arising from the acquisition of intangible assets in connection with acquisitions or investments. Allscripts excludes acquisition-related amortization expense from non-GAAP net income because it believes (i) the amount of such expenses in any specific period may not directly correlate to the underlying performance of Allscripts business operations and (ii) such expenses can vary significantly between periods as a result of new acquisitions and full amortization of previously acquired intangible assets. Investors should note that the use of these intangible assets contributed to revenue in the periods presented and will contribute to future revenue generation and should also note that such expense will recur in future periods. -- Stock-Based Compensation Expense. Stock-based compensation expense is a non-cash expense arising from the grant of stock awards to employees. Allscripts excludes stock-based compensation expense from non-GAAP net income because it believes (i) the amount of such expenses in any specific period may not directly correlate to the underlying performance of Allscripts business operations and (ii) such expenses can vary significantly between periods as a result of the timing of grants of new stock-based awards, including grants in connection with acquisitions. Investors should note that stock-based compensation is a key incentive offered to employees whose efforts contributed to the operating results in the periods presented and are expected to contribute to operating results in future periods and should also note that such expense will recur in future periods.

Management also believes that non-GAAP net income (and related per share amounts) provides useful supplemental information to management and investors regarding the underlying performance of the Company's business operations and facilitates comparisons to our historical operating results. Management also uses this information internally for forecasting and budgeting as it believes that the measure is indicative of the Company's core operating results. Note however, that non-GAAP net income is a performance measure only, and it does not provide any measure of the Company's cash flow or liquidity. Non-GAAP financial measures are not in accordance with, or an alternative for, measures of financial performance prepared in accordance with GAAP and may be different from non-GAAP measures used by other companies. Non-GAAP measures have limitations in that they do not reflect all of the amounts associated with Allscripts results of operations as determined in accordance with GAAP. Investors and potential investors are encouraged to review the reconciliation of non-GAAP financial measures with GAAP financial measures contained within the attached condensed consolidated financial statements.

Allscripts will conduct a conference call on Wednesday, February 13, 2008 at 4:30 PM Eastern Time. The conference call can be accessed by dialing 1-800-374-1376 and requesting the Allscripts earnings call, or at http://www.allscripts.com/. A recording of the conference call will be available three hours after the conclusion of the call for a period of two weeks at http://www.allscripts.com/ or by calling 1-800-642-1687, ID #30156822.

About Allscripts

Allscripts is the leading provider of clinical software, connectivity and information solutions that physicians use to improve healthcare. The company's unique solutions inform, connect and transform healthcare, delivering improved care at lower cost. More than 40,000 physicians and thousands of other healthcare professionals in clinics and hospitals nationwide utilize Allscripts to automate and connect everyday tasks such as writing prescriptions, documenting patient care, managing billing and scheduling, and safely discharging patients. To learn more, visit Allscripts at http://www.allscripts.com/.

This news release may contain forward-looking statements within the meaning of the federal securities laws. Statements regarding future events, developments, the Company's future performance, as well as management's expectations, beliefs, intentions, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. These forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined below. As a result, actual results may vary materially from those anticipated by the forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: the volume and timing of systems sales and installations; length of sales cycles and the installation process; the possibility that products will not achieve or sustain market acceptance; the timing, cost and success or failure of new product and service introductions, development and product upgrade releases; competitive pressures including product offerings, pricing and promotional activities; our ability to establish and maintain strategic relationships; undetected errors or similar problems in our software products; compliance with existing laws, regulations and industry initiatives and future changes in laws or regulations in the healthcare industry; possible regulation of the Company's software by the U.S. Food and Drug Administration; the possibility of product-related liabilities; our ability to attract and retain qualified personnel; our ability to identify and complete acquisitions, manage our growth and integrate acquisitions; maintaining our intellectual property rights and litigation involving intellectual property rights; risks related to third-party suppliers; our ability to obtain, use or successfully integrate third-party licensed technology; breach of our security by third parties; and the risk factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including our 2006 Annual Report on Form 10-K available through the Web site maintained by the Securities and Exchange Commission at http://www.sec.gov/. The Company undertakes no obligation to update publicly any forward-looking statement, whether as a result of new information, future events or otherwise.

Allscripts Healthcare Solutions, Inc. Condensed Consolidated Balance Sheets (amounts in thousands) (Unaudited) December 31, December 31, Assets 2007 2006 Current assets: Cash and cash equivalents $43,785 $42,461 Marketable securities 5,759 14,553 Accounts receivable, net 81,351 55,579 Deferred taxes, net 16,658 27,437 Inventories 4,178 3,247 Prepaid expenses and other current assets 17,401 10,620 Total current assets 169,132 153,897 Long-term marketable securities 13,459 26,024 Fixed assets, net 19,384 14,094 Software development costs, net 22,969 12,285 Deferred taxes, net 7,850 - Intangible assets, net 76,333 78,050 Goodwill 257,585 188,261 Other assets 5,252 4,999 Total assets $571,964 $477,610 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $15,911 $9,294 Accrued liabilities 22,707 26,546 Accrued acquisition obligation 8,946 - Deferred revenue 45,940 35,549 Current portion of long-term debt 279 258 Other current liabilities 274 - Total current liabilities 94,057 71,647 Long-term debt 135,162 85,441 Deferred taxes, net - 3,915 Other liabilities 2,105 357 Total liabilities 231,324 161,360 Stockholders' equity 340,640 316,250 Total liabilities and stockholders' equity $571,964 $477,610 Allscripts Healthcare Solutions, Inc. Condensed Consolidated Statements of Operations (amounts in thousands, except per-share amounts) (Unaudited) Three Months Ended Year Ended December 31, December 31, 2007 2006 2007 2006 Revenue: Software and related services $57,767 $48,910 $222,673 $173,503 Prepackaged medications 11,887 11,232 43,959 43,688 Information services 3,747 3,418 15,276 10,778 Total revenue 73,401 63,560 281,908 227,969 Cost of revenue: Software and related services 24,670 18,704 94,866 70,351 Prepackaged medications 10,302 9,419 36,974 36,263 Information services 2,556 1,421 9,655 5,417 Total cost of revenue (a) 37,528 29,544 141,495 112,031 Gross profit 35,873 34,016 140,413 115,938 Operating expenses: Selling, general and administrative expenses (b) 26,694 23,952 101,666 85,798 Amortization of intangibles 2,727 2,576 10,636 10,272 Income from operations 6,452 7,488 28,111 19,868 Interest expense (925) (937) (3,715) (3,712) Interest income and other, net 884 802 3,961 3,163 Gain on sale of equity investment - - 2,392 - Income before income taxes 6,411 7,353 30,749 19,319 Income taxes (467) (2,870) (10,186) (7,424) Net income $5,944 $4,483 $20,563 $11,895 Net income per share - basic $0.11 $0.08 $0.37 $0.23 Net income per share - diluted $0.10 $0.08 $0.35 $0.22 Weighted average shares of common stock outstanding used in computing basic net income per share 56,339 53,958 55,712 51,058 Weighted average shares of common stock outstanding used in computing diluted net income per share (c) 65,299 63,954 64,671 53,367 (a) Includes stock-based compensation of $329 and $0 for the three months ended December 31, 2007 and 2006, respectively, and $761 and $0 for the years ended December 31, 2007 and 2006, respectively. (b) Includes stock-based compensation of $1,216 and $888 for the three months ended December 31, 2007 and 2006, respectively, and $3,575 and $2,328 for the years ended December 31, 2007 and 2006, respectively. (c) Weighted average diluted shares for the three months ended December 31, 2007 and 2006 and for the year ended December 31, 2007 include 7,329 common shares related to the Company's 3.5% Senior Convertible Notes. Such shares were antidilutive for the year ended December 31, 2006. Interest expense, net of tax, has been added back to net income for the net income per diluted share calculation for the three months ended December 31, 2006 and 2007 and the year ended December 31, 2007. Allscripts Healthcare Solutions, Inc. Reconciliation of Non-GAAP Adjusted Earnings and Non-GAAP Adjusted Earnings Per Share (amounts in thousands, except per-share amounts) (Unaudited) Three Months Ended Twelve Months Ended December 31, December 31, 2007 2006 2007 2006 Net Income $5,944 $4,483 $20,563 $11,895 Stock compensation expense (tax effected at 40% for 2007 and 38% for 2006) 928 551 2,602 1,443 Deal-related amortization (tax effected at 40% for 2007 and 38% for 2006) 1,636 1,597 6,382 6,369 Non-GAAP Adjusted Earnings $8,508 $6,631 $29,547 $19,707 Weighted average shares of common stock outstanding used in computing diluted non-GAAP adjusted earnings per share 65,299 63,954 64,671 53,367 Non-GAAP Adjusted Earnings Per Share - diluted $0.14 $0.11 $0.49 $0.37

Photo: http://www.newscom.com/cgi-bin/prnh/20061005/ALLSCRIPTSLOGO-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Allscripts

CONTACT: Dan Michelson, Chief Marketing Officer, +1-312-506-1217,
dan.michelson@allscripts.com, or Todd Stein, Senior Manager\Public Relations,
+1-312-506-1216, todd.stein@allscripts.com, or Bill Davis, Chief Financial
Officer, +1-312-506-1211, bill.davis@allscripts.com, all of Allscripts

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

Bally Technologies Selected by Harrah's to Provide Casino Management, Marketing Systems Internationally

The transaction is subject to Harrah's corporate approvals, execution of definitive agreements, and receipt of required regulatory approvals.

"We're pleased to be extending our relationship with Bally Technologies as we pursue an aggressive global growth strategy," said Tim Stanley, Harrah's Entertainment Chief Information Officer and Senior Vice President of Innovation & Gaming. "Bally has been a provider of choice in supplying the operational, accounting and management systems that support our industry-leading Total Rewards(TM) capabilities that enhance our guests' experience through interactive entertainment offerings. Under this new agreement, Bally will also become a key software supplier for our casino and gaming management systems at our current and planned international operations."

About Bally Technologies, Inc.

About Harrah's Entertainment, Inc.

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

Bally Technologies, Inc.

CONTACT: investor, 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/
http://www.harrahs.com/

Harrah's Selects IGT for Enabling Display Technologies to Power Next Generation of Interactive CRM CapabilitiesIGT's sb(TM) NexGen(TM) Displays to be Installed on Harrah's Slots

LAS VEGAS, Feb. 13 /PRNewswire-FirstCall/ -- International Game Technology said today Harrah's Entertainment, Inc. has selected IGT's sb(TM) NexGen(TM) displays for installation on more than 60,000 Harrah's slot machines as part of Harrah's next generation of Customer Relationship Marketing (CRM) capabilities.

The transaction is subject to Harrah's corporate approvals, execution of definitive agreements and receipt of required regulatory approvals.

The NexGen(TM) display is a patented interactive touch screen LCD communications device that will be used for a wide range of player communications, promotions, interactions and rewards tied to the Harrah's Total Rewards(R) program. The sb(TM) NexGen adds the state-of-the-art networking and connectivity capabilities using the newly established Gaming Standards Association (GSA) specifications and protocols. Both Harrah's and IGT are active members of the GSA.

"This agreement enhances our ability to deliver the next generation of our interactive CRM vision and a truly differentiated entertainment experience to Harrah's customers," said Tim Stanley, Harrah's Entertainment's Chief Information Officer and Senior Vice President of Innovation & Gaming. "By powering IGT's displays with our award-winning Total Rewards marketing features and our new PRISM interactive customer relationship management capabilities, we will be able to further differentiate all of Harrah's properties from the competition and deliver many new and exciting interactive experiences to our millions of loyal customers around the world."

Harrah's PRISM initiative, an acronym for Personalized Real-time Interactive Slot Marketing, is designed to introduce a host of innovative new CRM features and exciting digital entertainment capabilities to the millions of Harrah's Total Rewards cardholders who play the company's slots domestically and abroad.

As part of this agreement, Harrah's also plans to pilot the new Media Manager application functionality, a key component of IGT's sb system, to create and deploy its own unique set of Total Rewards and PRISM interactive customer-marketing capabilities to all of its games. This approach will also position Harrah's to deliver its custom PRISM and Total Rewards features to customers directly on the game screen (with or without a NexGen display) when various manufacturers' games support the ability to do so via open GSA standards and IGT's award-winning sb(TM) Service Window feature.

"We are pleased that Harrah's chose our products for this important program," said Steve Morro, IGT's Chief Operating Officer. "This agreement demonstrates IGT's complete commitment to open network architecture as evidenced by Harrah's use of its own custom software integrated to key components of IGT's sb System and sb-enabled NexGens as the interface, as well as interfacing with other non-IGT casino management and gaming systems used by Harrah's."

About IGT

International Game Technology is a global company specializing in the design, development, manufacturing, distribution and sales of computerized gaming machines and systems products. http://www.igt.com/

About Harrah's Entertainment

Harrah's Entertainment, Inc. is the world's largest provider of branded casino entertainment. Since its beginning in Reno, Nevada, more than 70 years ago, Harrah's has grown through development of new properties, expansions and acquisitions, and now owns or manages casinos on four continents. The company's properties operate primarily under the Harrah's(R), Caesars(R) and Horseshoe(R) brand names; Harrah's also owns the London Clubs International family of casinos and the World Series of Poker(R). Harrah's Entertainment is focused on building loyalty and value with its customers through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership.

For more information, please visit: http://www.harrahs.com/. Forward-looking Statements

This release includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts. These statements contain such words as "may," "will," "project," "might," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," "continue," or "pursue," or the negative or other variations thereof or comparable terminology. In particular, they include statements relating to, among other things, future actions, new projects, strategies, future performance, the outcomes of contingencies and future financial results of Harrah's and IGT. These forward-looking statements are based on current expectations and projections about future events.

Investors are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified and, consequently, the actual performance of Harrah's and IGT may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors, as well as other factors described in our reports filed with the Securities and Exchange Commission (including the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained therein): the outcome of any legal proceedings that have been, or will be, instituted against the Company related to the merger agreement; risks that the transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of the merger; the impact of the substantial indebtedness to be incurred to finance the consummation of the merger; the effects of local and national economic, credit and capital market conditions on the economy in general, and on the gaming and hotel industries in particular; construction factors, including delays, increased costs for labor and materials, availability of labor and materials, zoning issues, environmental restrictions, soil and water conditions, weather and other hazards, site access matters and building permit issues; the effects of environmental and structural building conditions relating to our properties; access to available and reasonable financing on a timely basis; the ability to timely and cost-effectively integrate acquisitions into our operations; changes in laws, including increased tax rates, regulations or accounting standards, third-party relations and approvals, and decisions of courts, regulators and governmental bodies; litigation outcomes and judicial actions, including gaming legislative action, referenda and taxation; the ability of our customer-tracking, customer loyalty and yield-management programs to continue to increase customer loyalty and same store sales or hotel sales; our ability to recoup costs of capital investments through higher revenues; acts of war or terrorist incidents or natural disasters; abnormal gaming holds; and the effects of competition, including locations of competitors and operating and market competition.

Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. Harrah's and IGT disclaim any obligation to update the forward-looking statements. You are cautioned not to place undue reliance on these forward- looking statements which speak only as of the date stated, or if no date is stated, as of the date of this press release.

IGT

CONTACT: Investors, Pat Cavanaugh, 1-866-296-4232, or Media, Ed Rogich,
+1-702-896-8500, both of IGT

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

Raynham, Massachusetts Residents to Benefit From Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

RAYNHAM, Mass., Feb. 13 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Bristol County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity along Route 44 in Raynham, providing connectivity between Route 24 and I-495, as well as improving coverage to the surrounding area.

Verizon Wireless has invested nearly $44 billion since it was formed to increase the coverage and capacity of its national network and to add new services like BroadbandAccess and V CAST. Regionally the company has invested nearly $2.2 billion into its New England network, including over $292 million in 2007 alone.

BroadbandAccess offers computer users the nation's most reliable high- speed wireless mobile broadband network, operating at average upload speeds between 500 and 800 kbps, and download speeds between 600 kbps and 1.4 mbps over Verizon Wireless' BroadbandAccess with EV-DO Revision A network. V CAST brings video clips of TV shows, music on demand and other multimedia services to wireless phones.

Strong demand for Verizon Wireless services continued during the fourth quarter of 2007 as the company added two million net new customers and, for the thirteenth consecutive quarter, reported the lowest customer turnover (highest customer loyalty) rate in the wireless industry.

The company's 'nation's most reliable wireless network' reputation is based on network studies performed by real-life test men and test women throughout the country who inspired the "can you hear me now" national advertising campaign. Nationally, these test men and women drive nearly 100 specially equipped vehicles almost 1,000,000 miles annually on Interstate, U.S. and state highways as well as major roads and surface streets in high- population areas, based upon U.S. Census counts, to confirm that voice calls and data connections are successful on the first attempt and stay connected. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 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.

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. Actual throughput speed varies. BroadbandAccess is available to more than 240 million people in 248 major metros in the U.S. V CAST Music phone & per song charges required; airtime may apply for music downloads. Additional charges required for other V CAST services. Offers & coverage, varying by service, not available everywhere. Network details and coverage maps at vzw.com.

Verizon Wireless

CONTACT: Michael Murphy of Verizon Wireless, +1-781-932-1213,
Michael.Murphy@verizonwireless.com; or Anne Elise O'Connor of Thomson
Communications for Verizon Wireless, +1-617-548-2765,
Aeoc@thomsoncommunications.com

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

Needham, Massachusetts Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

NEEDHAM, Mass., Feb. 13 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Norfolk County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity to the Needham Heights section of Needham, Massachusetts.

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: Michael Murphy of Verizon Wireless, +1-781-932-1213,
Michael.Murphy@verizonwireless.com; or Anne Elise O'Connor, of Thomson
Communications, +1-617-548-2765, Aeoc@thomsoncommunications.com

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

Wenham, Beverly and Manchester, Massachusetts Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

WENHAM, Mass., Feb. 13 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Essex County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity along Route 128 in Wenham, Beverly, and Manchester, as well as the surrounding area.

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: Michael Murphy of Verizon Wireless, +1-781-932-1213,
Michael.Murphy@verizonwireless.com; or Anne Elise O'Connor, of Thomson
Communications, +1-617-548-2765, Aeoc@thomsoncommunications.com

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

Novell Drives Open Collaboration with SiteScape AcquisitionMerger will create interoperable, open source and open standards-based workspaces for team productivity

WALTHAM, Mass., Feb. 13 /PRNewswire-FirstCall/ -- Novell today announced it has acquired SiteScape, a leader in open source team collaboration, extending Novell's leadership in, and commitment to, innovative and open collaboration solutions. SiteScape, the founder of the ICEcore open source collaboration project, brings impressive team workspace and real-time collaboration capabilities to Novell -- key components of a broad unified communications and collaboration strategy. The melding of the two firms creates the industry's clear leader in open, enterprise-strength collaboration and social networking offerings, giving customers powerful, flexible ways to integrate new communications technologies into their environment and drive employee productivity and business innovation.

"Advances in Web 2.0 technologies are driving new opportunities for unified communications (UC) and team collaboration," said Mark Levitt, program vice president for Collaborative Computing and the Enterprise Workplace at IDC. "Enterprise and SMB customers are looking for solutions that combine real-time messaging, conferencing and IP voice calling along with online workspaces, social networking, blogs, and wikis to improve team and enterprise productivity and innovation. Solutions that combine team collaboration and UC like those offered by the combined Novell-SiteScape, which are based around open source for rapid innovation and open standards for interoperability and platform flexibility, represent the next major step forward for business collaboration."

Founded in 1995, SiteScape provides collaborative solutions for communication and management for distributed teams across a wide range of business and government customers. SiteScape's integrated Web-based solutions support knowledge management, project management, communities of practice, telework, business and government continuity, and many other workflow-driven functions. Long a leader in enterprise e-mail with GroupWise(R), Novell partnered with SiteScape in 2007 to add to its collaboration portfolio with Novell(R) Teaming + Conferencing, a team workspace and real-time conferencing solution centered on the ICEcore open source technology. Consistent with Novell's commitment to interoperabilty, Novell Teaming + Conferencing runs on both Linux* and Windows*, and works with Lotus Notes* and Microsoft Exchange*, in addition to GroupWise. These team workspaces, accessible securely by team members both inside and outside the company, incorporate multiple integrated collaboration tools, including blogs, wikis, instant message, chat, voice over IP and web conferencing, providing the powerful core of a unified communications and collaboration solution. By now acquiring SiteScape, Novell strengthens its commitment to the technology, gains the flexibility to create the solutions customers and partners need, and increases its capacity to deliver even more innovation and interoperability around open collaboration.

"As SiteScape's largest European partner, we see exciting benefits coming out of this merger -- to our business and to our customers," said Axel Amelung, managing director of comm.world collaboration, a solution provider serving mid-sized to enterprise-level customers in the chemical, telecom and construction industries. "Our major SiteScape customers are serious about leveraging Web 2.0 and enterprise social networking technologies to the fullest to boost productivity and innovation coming out of their teams. Combining SiteScape's leading technology with Novell's commitment and long- time focus on collaboration will yield even more business-focused innovations. The merger will also lend Novell's enterprise-class reputation and partner programs to help support our sales and service operations."

"The acquisition of SiteScape fits squarely into the corporate strategy we have laid out," said Ron Hovsepian, president and CEO of Novell. "It extends our leadership in promoting open source in the enterprise market and is a key technology addition in an area where we see great growth potential. Most importantly, it allows us to move aggressively to give customers a new, open option for collaboration, helping them escape vendor lock-in and offering easy integration across platforms, whether Linux or Windows."

"Joining Novell helps us expand our technology much more broadly than we've been able to do to date," said Andy Fox, chief technology officer at SiteScape. "Novell and SiteScape have already been strong partners, both in the ICEcore project and in taking products to market. With the merger, SiteScape customers gain a strong new partner supporting their deployments, enhancing the technology, and helping them meet their rapidly evolving collaboration needs."

Financial terms of the deal are not being disclosed. About Novell

Novell, Inc. delivers infrastructure software for the Open Enterprise. Novell is a leader in desktop to data center operating systems based on Linux and the software required to secure and manage mixed IT environments. Novell helps customers around the world minimize cost, complexity and risk, allowing them to focus on innovation and growth. For more information, visit http://www.novell.com/.

Novell and GroupWise are registered trademarks of Novell, Inc. in the United States and other countries. *Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.

Novell, Inc.

CONTACT: Bruce Lowry of Novell, +1-415-383-8408, blowry@novell.com; or
Amy Anderson of SHIFT Communications, +1-617-779-1825,
aanderson@shiftcomm.com, for Novell, Inc.

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

Winterport, Orrington, and Bucksport, Maine Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

WINTERPORT, Maine, Feb. 13 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Waldo County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity along Route 1a in Winterport and Route 15 in Orrington and Bucksport, as well as the surrounding area.

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: Michael Murphy of Verizon Wireless, +1-781-932-1213,
Michael.Murphy@verizonwireless.com, or Anne Elise O'Connor of Thomson
Communications, +1-617-548-2765, Aeoc@thomsoncommunications.com, for Verizon
Wireless

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

Winthrop and Monmouth, Maine Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

WINTHROP, Maine, Feb. 13 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Kennebec County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity along Route 22 in Winthrop and Monmouth, Maine, as well as the surrounding area.

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: Michael Murphy of Verizon Wireless, +1-781-932-1213,
Michael.Murphy@verizonwireless.com; or Anne Elise O'Connor of Thomson
Communications, +1-617-548-2765, Aeoc@thomsoncommunications.com

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

American Greetings Offers Steps to Ensure Safe Receipt of E-Cards This Valentine's Day

CLEVELAND, Feb. 13 /PRNewswire-FirstCall/ -- American Greetings Corporation , in response to yesterday's warning from the FBI of an e-mail virus being transmitted by fraudulent e-cards, is releasing tips to ensure the safe receipt of the electronic greetings this Valentine's Day.

Millions of people will receive e-cards for Valentine's Day this year. In fact, more than 6.5 million e-cards were sent through the American Greetings family of sites last Valentine's Day. To be sure that you avoid any potentially harmful e-mails, Dan Miller, vice president of Product Management at AG Interactive, a division of American Greetings Corporation, offers the following suggestions:

-- Be cautious: If you have any suspicion that the e-Card you have received is fraudulent do not open, and do not click on any links within the e-mail if you do. Legitimate e-mails will always give you the option to pick up the e-Card by typing in the address of the Web site, rather than clicking on the link. -- Make sure you recognize the sender's name: The sender should always be recognizable before clicking on any links, such as in the subject line or the e-mail itself. If you do not recognize the individual sending the card, be cautious in proceeding. -- Be sure to look for the e-mail site: The Web site should be identifiable in one or more of the following places: the "from" field, the subject line or in the e-mail itself. If no site is listed, or you do not recognize the site, be cautious in proceeding. -- Do not follow any links with a simple IP address: Sometimes the IP address is hidden and can only be seen by hovering your cursor over the link or right clicking on the link to view properties. The link should start with the domain of the e-mail site (i.e. http://www.americangreetings.com/) and not a series of numbers commonly referred to as an IP address.

For additional information, visit the AmericanGreetings.com E-mail Protection Resource Center.

About AG Interactive

AG Interactive (AGI), a subsidiary of American Greetings Corporation , is a global leader in licensing and creating original self and social expression products for online, instant messaging and mobile platforms. To create its premier content, the company leverages one of the world's largest creative studios and digital library of award-winning expressive content as well as an extensive international distribution capability. AGI attracts more than 40 million unique visitors per month in 18 countries to its popular websites AmericanGreetings.com, BlueMountain.com, Egreetings.com, PhotoWorks.com and Webshots.com, as well as through Instant Messaging or online partnerships with AOL, MSN, and Yahoo!. The company has one of the largest online subscription services with over 3.7 million paying subscribers. For more information, visit http://www.aginteractive.com/.

About American Greetings Corporation

American Greetings Corporation is one of the world's largest manufacturers of social expression products. Along with greeting cards, its product lines include gift wrap, party goods, stationery, calendars, ornaments and electronic greetings. Located in Cleveland, Ohio, American Greetings generates annual revenue of approximately $1.7 billion. For more information on the Company, visit http://corporate.americangreetings.com/.

American Greetings Corporation

CONTACT: Megan Ferington or Frank Cirillo, +1-216-252-4938, both of
American Greetings Corporation

Web site: http://www.americangreetings.com/
http://www.aginteractive.com/

Lancaster, Massachusetts Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

LANCASTER, Mass., Feb. 13 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Worcester County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity along Routes 117 and 70 in the downtown section of Lancaster, as well as the surrounding area.

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

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

Harrisville and Burrilville, Rhode Island Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

HARRISVILLE, R.I., Feb. 13 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Providence County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity along Routes 98 and 96 in Harrisville and the northern section of Burrilville, as well as the surrounding area.

BroadbandAccess offers computer users the nation's most reliable high-speed wireless mobile broadband network, operating at average upload speeds between 500 and 800 kbps, and download speeds between 600 kbps and 1.4 mbps over Verizon Wireless' BroadbandAccess with EV-DO Revision A network. V CAST brings video clips of TV shows, music on demand and other multimedia services to wireless phones.

About Verizon Wireless

Verizon Wireless

CONTACT: Michael Murphy of Verizon Wireless, +1-781-932-1213,
Michael.Murphy@verizonwireless.com; or Anne Elise O'Connor of Thomson
Communications, +1-617-548-2765, Aeoc@thomsoncommunications.com

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

Verizon Business Completes SAS 70 Type II Examination for IP Application Hosting and Internet Colocation Data Centers

BASKING RIDGE, N.J., Feb. 13 /PRNewswire/ -- Verizon Business Wednesday (Feb. 13) announced it has successfully completed its annual SAS 70 Type II examination for the company's IP Application Hosting Centers (Smart Centers) and Internet colocation facilities (Premium Data Centers). Verizon Business' Smart Centers, Premium Data Centers in the United States and international Premium Data Centers have now successfully completed the examination for the seventh, third and second consecutive years, respectively.

Ernst & Young LLP performed examinations, addressing control objectives and controls specified by Verizon Business and their operating effectiveness at the company's managed and Internet colocation centers. Control processes and procedures were examined for the Beltsville, Md.; San Jose, Calif.; and London Smart Centers, as well as in 17 Premium Data Centers in North America and Europe. Areas of the examination included access to facilities, logical access to systems, network services operations and environmental safeguards.

"Verizon Business is dedicated to providing its enterprise customers with the very best," said Michael Marcellin, vice president of product marketing for Verizon Business. "Continuing to successfully complete our SAS 70 examinations -- year after year after year -- demonstrates our keen commitment to excellence and high-performance environments."

Verizon Business Smart Centers provide a reliable, secure and scalable hosting infrastructure for IP Application Hosting Services, allowing customers to outsource Web-enabled business applications and sites. Backed by 24 x 7 technical service and support, Verizon Business empowers customers to meet their most challenging online IT needs.

Verizon Business Premium Data Centers offer customers a secure, dedicated environment to colocate Internet servers, data networking and voice equipment. Designed to grow with a business and keep it operating at peak performance, Premium Data Centers offer customers the best of both worlds: the ability to leverage Verizon Business' high-speed Internet connectivity, robust facilities and high-performance infrastructure while using the customers' own equipment.

Established by the American Institute of Certified Public Accountants, SAS 70 is the standard that enables service organizations such as Verizon Business to disclose their control activities and processes to their customers and their customers' auditors in a uniform reporting format. A SAS 70 examination indicates that an independent accounting and auditing firm has examined a service organization's control objectives and related activities. At the conclusion of a SAS 70 examination, a formal report, including the auditor's opinion, is issued to the organization.

Verizon Business Smart and Premium Data Centers are just part of the company's comprehensive portfolio of IT and hosting solutions that deliver complete, end-to-end integrated IT and network solutions. From simple colocation to managed hosting to comprehensive applications management, Verizon Business enables customers to out-task the IT functions required by their business. Services include Data Center Colocation, Remote Backup and Restore, Hosted Messaging and Instant Messaging, IT Service Desk, Akamai Services, IP Application Hosting and Remote IP Application Management. More information is available by visiting http://www.verizonbusiness.com/us/itsolutions.

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

Verizon Business

CONTACT: Brianna Carroll Boyle of Verizon Business, +1-703-886-7093,
brianna.boyle@verizon.com

Web site: http://www.verizonbusiness.com/
http://www.verizon.com/
http://www.verizonbusiness.com/us/itsolutions
http://www.verizon.com/news

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

Mad Catz(R) Brings HDMI to All Xbox 360(TM) Owners

SAN DIEGO, Feb. 13 /PRNewswire-FirstCall/ -- Mad Catz Interactive, Inc. (Amex: MCZ; TSX), a leading third-party interactive entertainment accessory provider announced today the release of the Xbox 360 HDMI Conversion Kit, a revolutionary new accessory designed to allow owners of the Xbox 360 console to connect directly to any standard HDMI input on their TV's or displays and enjoy true High-Definition (HD) digital video and audio for gaming and movie playback.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030314/LAF049LOGO)

The HDMI Conversion Kit connects easily and safely to the 'AV Output' located on the rear of the console and utilizing advanced microprocessor technology, converts the analogue signal to a digital HDMI stream, outputting all popular HD resolutions up to and including 1080p and compatible with the HDMI 1.3 standard.

Furthermore, the HDMI Conversion Kit has been engineered to carry full multi-channel Digital Audio (Dolby(R) Digital, DTS(R)) through the HDMI cable directly to compatible TV's, eliminating the need for multiple video and audio connections. Should users wish to output digital audio to an alternative source, a separate Digital Audio Output has been built in to the device and using the Digital Optical Cable provided, offers users flexibility to connect however they choose. With all necessary cables needed supplied in the box, the HDMI Conversion Kit is a true 'one-stop solution' to an all digital experience.

Darren Richardson, President and Chief Executive Officer of Mad Catz commented, "HDMI is widely recognized as the connection standard for the High-Definition age in which we live, delivering unsurpassed visual and audio quality. However, millions of Xbox 360 consoles are not equipped with an HDMI output and owners are unable to take advantage of the benefits an all digital connection provides. Mad Catz' Xbox 360 HDMI Conversion Kit provides gamers with a digital video and audio solution that we believe will be embraced by owners of HD-TV's and those who demand the best from their entertainment. With breakthrough, innovative products such as this, Mad Catz continues to demonstrate its commitment to enhancing all areas of gaming and we look forward to introducing Xbox 360 owners everywhere to the all digital revolution."

Compatible with all Xbox 360 consoles not equipped with HDMI connectors; the HDMI Conversion Kit is expected to be available across United States in late January 2008 for an SRP of $89.99.

For further information please contact: Media Alex Verrey: Global PR & Communications Manager -- t. +44 (0) 1908 336 538 e. averrey@madcatz.com Michael Greco: Vice President of Marketing -- t. +1-619-321-3564 e. mgreco@madcatz.com Investors Joseph Jaffoni, David Jacoby -- Jaffoni & Collins Incorporated -- t. 212/835-8500 e. mcz@jcir.com About Mad Catz Interactive, Inc.

Mad Catz is a global leader in providing innovative peripherals for the interactive entertainment industry. Mad Catz designs and markets accessories for video game systems and publishes video game software, including the industry-leading GameShark video game enhancements, under its Mad Catz, GameShark and Joytech brands. Mad Catz also designs and markets mice, keyboards, headsets, PC gaming controllers and other PC peripherals through its Saitek brand, and recently began manufacturing and marketing proprietary portable earphones under its AirDrives brand. Mad Catz distributes its products through most of the leading retailers offering interactive entertainment products and has offices across Canada, Europe and Asia. For additional information please go to http://www.madcatz.com/, as well as http://www.gameshark.com/, http://www.airdrives.com/, http://www.saitek.com/ and http://www.joytech.net/.

Safe Harbor for Forward Looking Statements: This press release contains forward-looking statements about the Company's business prospects that involve substantial risks and uncertainties. The Company assumes no obligation to update the forward-looking statements contained in this press release as a result of new information or future events or developments. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "should," "plan," "goal," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the following: the ability to maintain or renew the Company's licenses; competitive developments affecting the Company's current products; first party price reductions; the ability to successfully market both new and existing products domestically and internationally; difficulties or delays in manufacturing; or a downturn in the market or industry. A further list and description of these risks, uncertainties and other matters can be found in the Company's reports filed with the Securities and Exchange Commission and the Canadian Securities Administrators. CONTACT: Mad Catz Interactive, Inc. Stewart Halpern, Chief Financial Officer, 800-831-1442 Or Jaffoni & Collins Incorporated Joseph Jaffoni/David Jacoby, 212-835-8500 mcz@jcir.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030314/LAF049LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Mad Catz Interactive, Inc.

CONTACT: Media, Alex Verrey, Global PR & Communications Manager,
+44 0 1908 336 538, averrey@madcatz.com, or Michael Greco, Vice President of
Marketing, +1-619-321-3564, mgreco@madcatz.com, both of Mad Catz Interactive,
Inc.; or Investors, Joseph Jaffoni, or David Jacoby, both of Jaffoni & Collins
Incorporated, +1-212-835-8500, mcz@jcir.com, for Mad Catz Interactive, Inc.

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

Verizon Business Successfully Completes SAS 70 Type II Audit for Remote IP Application Management Operations Center

BASKING RIDGE, N.J., Feb. 13 /PRNewswire/ -- Verizon Business announced Wednesday (Feb. 13) that it has passed the SAS 70 Type II examination for its Remote IP Application Management (RAM) Operations Center for the third consecutive year. Through this California-based center, the company remotely manages its customers' critical, and often geographically dispersed, infrastructure and applications.

Third-party auditor Moss Adams performed the examination, closely reviewing and testing the control environment and corresponding internal controls for the managed application services provided by Verizon Business. Specifically, Moss Adams examined control objectives in the areas of organizational structure, governance and administration; physical and environmental controls; logical access controls; and system availability and performance.

"We have a laser-like focus on what is best for our enterprise customers," said Michael Marcellin, vice president of product marketing for Verizon Business. "Our customers rely on us to help deliver on their broad -- and ever adapting -- IT needs. Completing this examination demonstrates that we have set the bar high on internal controls, and as such are dedicated to helping our customers meet their own high IT standards."

Verizon Business RAM monitoring and management services are designed to keep customer applications and infrastructure functional, responsive and secure. A wide range of services such as systems monitoring, change management, and problem management and resolution make up the robust offering, complemented by a suite of security services.

Customers can rely on Verizon Business' RAM Operations Centers round-the clock, year-round. They are staffed with skilled engineers, advanced operations platform technology and robust standards-based processes to manage customers' infrastructure and applications. The framework enables Verizon Business to manage customers' world-class systems across numerous technology platforms.

Outsourcing IT responsibilities to Verizon Business enables customers to benefit from high availability and exceptional performance while harnessing costs and reducing risk.

Established by the American Institute of Certified Public Accountants, SAS 70 is the authoritative guidance that enables service organizations such as Verizon Business to disclose their control activities and processes to their customers and their customers' auditors in a uniform reporting format. A SAS 70 examination demonstrates that an independent accounting and auditing firm has reviewed and examined an organization's control objectives and activities. At the conclusion of a SAS 70 examination, a formal report, including the auditor's opinion, is issued to the organization.

Verizon Business' comprehensive portfolio of IT and hosting solutions deliver complete, end-to-end, integrated IT and network solutions. From simple colocation to full IT applications management, Verizon Business serves as a true extension of a customer's IT organization. Services include Data Center Colocation, Remote Backup and Restore, Hosted Messaging and Instant Messaging, IT Service Desk, Akamai Services, IP Application Hosting and Remote IP Application Management. More information is available by visiting http://www.verizonbusiness.com/us/itsolutions.

About Moss Adams LLP

Moss Adams LLP is the 11th largest certified public accounting and consulting firm in the U.S., and the largest firm headquartered in the West. The Firm provides business assurance, tax, financial, and consulting services to public and private companies, and governmental/not-for-profit organizations in a variety of industries.

About Verizon Business

Verizon Business

CONTACT: Brianna Carroll Boyle of Verizon, +1-703-886-7093,
brianna.boyle@verizon.com

Web site: http://www.verizonbusiness.com/
http://www.verizonbusiness.com/us/itsolutions

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

Successful Legends of Norrath(TM) Series Grows Even Stronger With InquisitorSOE Deals Third Set To Fans of EverQuest(R) Franchise Online Strategy Game With Legends of Norrath(TM) Inquisitor

DENVER, Feb. 13 /PRNewswire/ -- Legends of Norrath(TM) (LoN) fans, get your decks ready! Inquisitor from Sony Online Entertainment LLC (SOE), the global leader in online gaming, is the newest chapter in the innovative online strategy card game Legends of Norrath, based on the legendary MMOs EverQuest(R) (EQ) and EverQuest(R) II (EQII). Inquisitor, which is currently in development and scheduled to launch Friday, March 7, 2008, promises to deliver even more excitement with stunning new card art, fresh loot and fierce new enemy encounters.

Inquisitor continues the story from previous Legends of Norrath virtual card games, Oathbound and Forsworn, with hundreds of new cards and more than 20 new loot items each for EQ and EQII. Inquisitor also reinforces Legends of Norrath as the complete online card gaming experience, featuring numerous casual and tournament game lobbies with three exciting tournament formats.

"The development team in Denver is extremely enthusiastic about the new gameplay that Inquisitor brings to the world of Norrath," said Scott Martins, Director of Development, SOE. "Fans of the LoN storyline will experience compelling gameplay, additional multiplayer functionality, unmatched artistic integrity, as well as the ability to fight alongside Cyndra and other Oathbound heroes for the first time ever."

Developed at SOE's Denver studio, Legends of Norrath is the first online trading card game based on and playable from within SOE's popular EverQuest and EverQuest II MMOs, as well as from a free stand-alone client using a free SOE Station ID (available at http://www.station.com/). Players can challenge opponents on their game server and across other EQ and EQII servers.

Inquisitor's features include:

New Strategies and Gameplay -- Inquisitor adds over 250 new astonishingly beautiful cards! Get all 210 base set cards, four starter decks featuring 16 new quests, ten scenario rewards and tons of new promotional cards. Explore new unit types, legends, keywords and classes for your favorite EQ and EQII classes archetypes, with the introduction of Monks, Enchanters, Inquisitors and Bards!

Test Your Skills in Tournaments -- Build your best deck and test your skills in monthly Championship Qualifier Tournaments that feature a first prize valued at approximately $1,500 USD. Win a Championship Qualifier and earn an invitation to the grand finale at GenCon Indianapolis in August where players will vie for cash and prizes worth more than $100,000 in total. Or, join in on one of the monthly Loot Tournament weekends and receive Loot and Promo Card rewards just for participating!

Mounts, Baubles and Potions -- Inquisitor features over 20 new loot items each for EverQuest(R) and EverQuest II(R) for your EQ or EQII characters.

Free New Content -- SOE is giving all registered users even more free content and bonus features in the game client, including 10 new scenarios that tell the tale of Inquisitor and a brand new raid. Sign up now at http://www.station.com/ to gain access to these new upgrades.

New Ways to Team Up -- Grab your closest friends to take down powerful raid bosses. Inquisitor features a four-player raid where you and three of your friends can take down the Brood of Di'zok -- the Royal Family of Sarnaks in the castle of Chardok.

Inquisitor cards will be available via digital download from SOE's Station Store in both 58-card digital starter decks for $9.99 (plus any applicable taxes), and 15-card digital booster packs for $2.99 (plus any applicable taxes).

To get started, players can download the client for free, test their skills against AI and real opponents, and then head over to the tournament lobby to play. Tournament eligibility limited and subject to official rules. Residents of certain territories are ineligible to participate in LoN tournament play. Please see the EULA for details. For a schedule of events, rules and further details see the LoN Events Page or the LoN Tournaments webpage. For more information on Legends of Norrath, visit the website at http://www.legendsofnorrath.com/.

About Sony Online Entertainment

Sony Online Entertainment LLC (SOE) is a recognized worldwide leader in massively multiplayer online games, with hundreds of thousands of subscribers around the globe. SOE creates, develops and provides compelling entertainment for the personal computer, online, game console and wireless markets. Known for its blockbuster franchises and hit titles including EverQuest(R), EverQuest(R) II, Champions of Norrath(R), Untold Legends(TM), and PlanetSide(R), as well as for developing Star Wars Galaxies(TM), SOE continues to redefine the business of online gaming and the creation of active player communities while introducing new genres on various entertainment platforms. Headquartered in San Diego, CA, with additional development studios in Austin, TX, Seattle, WA, Denver, CO, Los Angeles, CA and Taiwan, SOE has an array of cutting-edge games in development. SOE is owned by Sony Pictures Digital and Sony Computer Entertainment America.

Sony Online Entertainment LLC

CONTACT: Taina Rodriguez of Sony Online Entertainment, +1-858-577-3419,
trodriguez@soe.sony.com

Web site: http://www.station.com/
http://www.legendsofnorrath.com/

Nevada Geothermal Issues Limited Notice to Proceed to Ormat for the Blue Mountain Faulkner 1 Power Plant

VANCOUVER, British Columbia, Feb. 13 /PRNewswire-FirstCall/ -- Nevada Geothermal Power Inc. (NGP) (TSX-V: NGP, OTC Bulletin Board: NGLPF) and Ormat Technologies, Inc. announced today that NGP Blue Mountain I LLC (NGP I) has issued a US$20 million Limited Notice to Proceed (LNTP) under a fixed-price, date-certain engineering, procurement and construction (EPC) contract to be signed with Ormat Nevada Inc. to supply and construct the Phase 1 power plant of NGP's planned geothermal power development at Blue Mountain, Nevada.

(http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)

Ormat will commence detailed engineering design, manufacturing and purchasing of certain long lead items for Blue Mountain's, Faulkner 1 geothermal power plant in order to meet the guaranteed substantial completion date of December 31, 2009. Full release of the EPC contact is subject to finalizing of the financing for the project and is expected to occur before June 30, 2008.

"Ormat is a recognized world leader in the geothermal industry and the Ormat binary technology complements Blue Mountain's resource parameters and chemistry most efficiently. The plant will extract more megawatt-hours of energy per unit volume of geothermal fluid compared to steam flash or other available technologies maximizing the overall megawatt potential for the Blue Mountain geothermal field," stated Brian Fairbank, President and CEO of NGP.

The plant design incorporates Ormat's proprietary power generation technology with water-cooling for maximum efficiency. The output of the plant will meet the power delivery requirements of the 20-year Power Purchase agreement between NGP and the Nevada Power Company.

"We are delighted to have been selected as the supplier and contractor of choice for NGP's first power plant. Our technology is perfectly suited for the Blue Mountain resource and we are looking forward to delivering a great performing power plant on schedule," said Dita Bronicki, CEO.

Blue Mountain, located 30 kilometers (20 miles) west of the town of Winnemucca, Nevada, is ideally situated for development. The proposed Faulkner I geothermal plant will require a 20-mile long transmission line over relatively flat, undeveloped desert land to a connection point located on the Utility's 120kV-transmission line north of Mill City, Nevada. The electric power will be sold to Nevada Power Company under a 20-year Power Purchase Agreement for up to 35 MW gross of geothermal power. Phase I at Blue Mountain is expected to commence power generation in late 2009.

About Ormat Technologies

Ormat Technologies, Inc. is a vertically integrated company primarily engaged in the geothermal and recovered energy power business. The Company designs, develops, builds, owns and operates geothermal and recovered energy-based power plants. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power generating equipment, and provides related services. Ormat products and systems are covered by more than 70 patents. Ormat currently operates the following geothermal and recovered energy-based power plants: in the United States -- Brady, Heber, Mammoth, Ormesa, Puna, Steamboat and OREG 1; in Guatemala -- Zunil and Amatitlan; in Kenya -- Olkaria; and in Nicaragua -- Momotombo.

About Nevada Geothermal Power Inc.

Nevada Geothermal Power Inc. is a renewable energy company developing geothermal projects in the United States to provide electrical energy that is clean, renewable and sustainable. NGP currently owns a 100% leasehold interest in four properties: Blue Mountain that is expected to commence power generation late 2009 for up to 35 MW gross of geothermal power, Pumpernickel, Black Warrior, all located in Nevada and Crump Geyser in Oregon.

Nevada Geothermal Power Inc. Tracy Weslosky or Fred Cowans Brian D. Fairbank, P. Eng. Managing Partners President & CEO Pro-Edge Consultants Inc. Telephone: (416) 581-0177 http://www.nevadageothermal.com/ Toll Free: (866) 544-9622 or info@pro-edge.com Investor Inquiries http://www.pro-edge.com/ Shelley Kirk Nevada Geothermal Power Inc. Telephone: 604-688-1553 X118 Toll Free: 866-688-0808 X118 Ormat Technologies Contact: Investor Relations Contact: Dita Bronicki Todd Fromer/ Marybeth Csaby CEO KCSA Strategic Communications +1-775-356-9029 212-896-1214 (Todd) / 212-896-1236 dbronicki@ormat.com (Marybeth) tfromer@kcsa.com / mcsaby@kcsa.com

This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential," and similar expressions. These statements reflect our current belief and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. We undertake no obligation to update or advise in the event of any change, addition, or alteration to the information catered in this Press Release including such forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Ormat's Safe Harbor Statement

Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to Ormat's plans, objectives and expectations for future operations and are based upon its management's current estimates and projections of future results or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, see "Risk Factors" as described in Ormat Technologies, Inc.'s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 12, 2007 and the Prospectus Supplement filed with the Securities and Exchange Commission on October 23, 2007.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Ormat Technologies, Inc.

CONTACT: Brian D. Fairbank, P. Eng., President & CEO, or Investor
Inquiries, Shelley Kirk, +1-604-688-1553 X118, or 1-866-688-0808 X118, both of
Nevada Geothermal Power Inc.; or Tracy Weslosky or Fred Cowans, Managing
Partners of Pro-Edge Consultants Inc., +1-416-581-0177, 1-866-544-9622,
info@pro-edge.com, for Nevada Geothermal Power; or Dita Bronicki, CEO of Ormat
Technologies, +1-775-356-9029, dbronicki@ormat.com; or Investor Relations,
Todd Fromer, +1-212-896-1214, tfromer@kcsa.com, or Marybeth Csaby,
+1-212-896-1236, mcsaby@kcsa.com, both of KCSA Strategic Communications, for
Ormat Technologies, Inc.

Web site: http://www.ormat.com/
http://www.nevadageothermal.com/

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