Companies news

SAN JOSE, Calif., Feb. 19 /PRNewswire-FirstCall/ -- Atmel(R) Corporation today announced that the Company's Board of Directors has appointed Charles Carinalli as a new Independent Director. Mr. Carinalli, 60, is the Principal of Carinalli Ventures and currently serves on the Board of Directors of Extreme Networks, Inc. and Fairchild Semiconductor International, Inc. Mr. Carinalli served as Chairman and Chief Executive Officer of Adaptive Silicon, Inc., a programmable logic start-up, from 1999 until 2002. From 1996 to 1999, Mr. Carinalli was President and Chief Executive Officer of Wavespan Corporation, a developer of broadband wireless access systems which was acquired by Proxim, Inc.

Mr. Carinalli started his career with National Semiconductor Corporation where he spent twenty-six years in senior technical and management responsibilities including Vice President and General Manager of the Integrated Systems Group (ISG), and Senior Vice President and Chief Technical Officer reporting to the CEO. Mr. Carinalli also served as Chairman on the Boards of Clearwater Communications, Inc. and Semiconductor Research Corporation.

"We are pleased to have Charles join our Board as a new Independent Director," stated Steven Laub, Atmel's President and Chief Executive Officer. "The depth of his industry experience and knowledge will prove invaluable as we continue to execute on our business plan and position Atmel for sustainable, profitable growth."

Mr. Carinalli's appointment fills the vacancy created by Pierre Fougere, who retired from the Board to focus more time on personal pursuits.

Laub continued, "On behalf of the Board, I want to thank Pierre for his seven years of service to Atmel and the contributions he has made to the Company. His dedication and support are greatly appreciated. We wish him well."

About Atmel

Atmel is a worldwide leader in the design and manufacture of microcontrollers, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel provides the electronics industry with complete system solutions focused on consumer, industrial, security, communications, computing and automotive markets.

Contact: Robert Pursel, Director of Investor Relations, 408-487-2677

Atmel Corporation

CONTACT: Robert Pursel, Director of Investor Relations of Atmel
Corporation, +1-408-487-2677

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

Bergen County Residents Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Calling, Data Access and Music as Area Businesses and Consumers Increasingly Rely on All-in-One Wireless Devices

MORRISTOWN, N.J., Feb. 19 /PRNewswire/ -- Wireless calling, text messaging and surfing the Mobile Web for email and information now is easier and faster for Verizon Wireless customers in Bergen County, thanks to the activation of the company's newest cell sites in Paramus and Teaneck.

The new Bergen County cell sites improve network coverage and capacity in the following areas:

-- In Paramus, inside the mall at Garden State Plaza. -- In Teaneck, along New Bridge, Teaneck and Liberty roads and along South Washington Avenue and the surrounding area.

With the improved network coverage, more customers can use their wireless phones to make calls; send and receive email and text, picture and video messages; download music, games and ringtones; and view high-quality videos while enjoying clearer reception and fewer dropped calls.

"Reliable networks aren't built overnight," said Mike Haberman, executive director of network for the company's New York Metro Region. "Today's wireless customers demand so much more than voice service and this network expansion reflects our ongoing commitment to stay ahead of the curve. New and exciting multimedia devices, like the Verizon Wireless Voyager with a touch-screen and full keyboard, now enable customers to take PC-functionality with them in the palms of their hands. We will continue to efficiently invest in network enhancements to deliver the most reliable voice, data and multimedia services available."

Verizon Wireless invested over $2 billion to enhance its New York Metro area network and more than $40 billion across the nation since 2000 to stay ahead of the growing demand for the company's voice, data and mobile entertainment services, like VZ Navigator, which provides audible turn-by-turn directions; V CAST Mobile TV, offering broadcast quality mobile television; and V CAST Music which allows customers to download full songs directly to their V CAST-capable wireless phones and Microsoft(R) Windows(R) XP-based PCs.

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

In the New York Metro area, 100 percent of Verizon Wireless' EVDO network has been upgraded with faster Revision A technology. Customers who use the company's flagship business data service, BroadbandAccess, now can interact with Web-based applications and access e-mail, everyday corporate data and the Internet at the highest wireless speeds available.

Nationally, Verizon Wireless' real-life test men and women drive 98 specially equipped vehicles nearly one million miles each year on Interstate, US and state highways as well as major roads and surface streets in high- population areas, based upon US 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.

For more information on Verizon Wireless, please visit http://www.verizonwireless.com/.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 65.7 million customers. The largest US wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, NJ, with 69,000 employees nationwide. The company is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). Find more information on the Web at http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

Verizon Wireless

CONTACT: David Samberg, +1-845-365-7212,
David.samberg@verizonwireless.com, or Melinda McLoughlin, +1-973-830-7397,
melinda.mcloughlin@vivianipr.com

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

Monmouth County Residents Benefit From Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Calling, Data Access and Music as Area Businesses and Consumers Increasingly Rely on All-in-One Wireless Devices

MORRISTOWN, N.J., Feb. 19 /PRNewswire/ -- Wireless calling, text messaging and surfing the Mobile Web for email and information now is easier and faster for Verizon Wireless customers in Monmouth County, thanks to the activation of the company's newest cell site in Millstone.

The new cell site improves network coverage and capacity along Perrineville Road including North Rochdale Avenue, Agress Road, Sweetmans Lane and Halka Way.

For more information on Verizon Wireless, please visit http://www.verizonwireless.com/.

About Verizon Wireless

Verizon Wireless

CONTACT: David Samberg, +1-845-365-7212,
David.samberg@verizonwireless.com, or Melinda McLoughlin, +1-973-830-7397,
melinda.mcloughlin@vivianipr.com

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

DATATRAK International Management to Host Conference Call on February 26, 2008 to Discuss Fourth Quarter and Full Year Operating Results for 2007

CLEVELAND, Feb. 19 /PRNewswire-FirstCall/ -- DATATRAK International, Inc. , a technology and services company focused on global eClinical solutions for the clinical trials industry, today announced that it will host a conference call to discuss fourth quarter and full year operating results for 2007 at 4:30 p.m. ET on Tuesday, February 26, 2008.

To participate via phone, participants are asked to dial 412-858-4600 a few minutes before 4:30 p.m. ET. The conference call will also be available via live web cast on DATATRAK International, Inc.'s web site by clicking the button labeled "Click here for Live Web Cast, 4th Quarter Earnings Call" on the Company's homepage at http://www.datatrak.net/ a few minutes before 4:30 p.m. ET.

A replay of the phone call and web cast will each be available at approximately 6:30 p.m. ET on February 26, 2008 and will run until 9:00 a.m. ET on March 4, 2008. The phone replay can be accessed by dialing 412-317-0088 (access code 416290). To access the web cast replay go to the Company's homepage at http://www.datatrak.net/ and click the button labeled "Click here for Replay of Web Cast, 4th Quarter Earnings Call."

DATATRAK International, Inc. is a worldwide technology company focused on the provision of multi-component eClinical solutions and related services for the clinical trials industry. The Company delivers a complete portfolio of software products that were created in order to accelerate clinical research data from investigative sites to clinical trial sponsors and ultimately the FDA, faster and more efficiently than manual methods or loosely integrated technologies. DATATRAK's eClinical software suite can be deployed worldwide through an ASP offering or in a licensed Enterprise Transfer model that fully empowers its clients. The DATATRAK software suite and its earlier versions have successfully supported hundreds of international clinical trials involving thousands of clinical research sites and encompassing tens of thousands of patients in 59 countries. DATATRAK International, Inc.'s product suite has been utilized in some aspect of the clinical development of 16 separate drugs and one medical device that have received regulatory approval from either the United States Food and Drug Administration or counterpart European bodies. DATATRAK International, Inc. has offices located in Cleveland, Ohio, Bonn, Germany, and Bryan, Texas. Its common stock is listed on the NASDAQ Stock Market under the ticker symbol "DATA". Visit the DATATRAK International, Inc. web site at http://www.datatrak.net/.

Except for the historical information contained in this press release, the statements made in this release are forward-looking statements. These forward- looking statements are made based on management's expectations and beliefs concerning future events impacting the Company and are subject to uncertainties and factors (including those specified below) which are difficult to predict and, in many instances, are beyond the control of the Company. Factors that may cause actual results to differ materially from those in the forward-looking statements include the limited operating history on which the Company's performance can be evaluated; the ability of the Company to continue to enhance its software products to meet customer and market needs; fluctuations in the Company's quarterly results; the viability of the Company's business strategy and its early stage of development; the timing of clinical trial sponsor decisions to conduct new clinical trials or cancel or delay ongoing trials; the Company's dependence on major customers; government regulation associated with clinical trials and the approval of new drugs; the ability of the Company to compete in the emerging EDC market; losses that potentially could be incurred from breaches of contracts or loss of customer data; the inability to protect intellectual property rights or the infringement upon other's intellectual property rights; the Company's success in integrating its acquisition's operations into its own operations and the costs associated with maintaining and/or developing two product suites; and general economic conditions such as the rate of employment, inflation, interest rates and the condition of capital markets. This list of factors is not all-inclusive. In addition, the Company's success depends on the outcome of various strategic initiatives it has undertaken, all of which are based on assumptions made by the Company concerning trends in the clinical research market and the health care industry. The Company undertakes no obligation to update publicly or revise any forward-looking statement.

DATATRAK International, Inc.

CONTACT: Jeffrey A. Green, Pharm.D., FCP, President and Chief Executive
Officer, +1-440-443-0082 ext. 112, or Raymond J. Merk, Chief Financial
Officer, +1-440-443-0082 ext. 181, both of DATATRAK International, Inc.; Neal
Feagans, Investor Relations of Feagans Consulting, Inc., +1-303-449-1184

Web site: http://www.datatrak.net/

MathStar Announces Financial Results for Q4 and Fiscal Year 2007Record Q4 and Fiscal Year Revenue

HILLSBORO, Ore., Feb. 19 /PRNewswire-FirstCall/ -- MathStar, Inc. , a fabless semiconductor company specializing in high-performance programmable logic, today announced results for its fourth quarter and fiscal 2007, ended Dec. 31, 2007.

Revenue in the fourth quarter was $313,000, compared with $63,000 in the third quarter and $7,000 in the same period last year. Total revenue for 2007 was $588,000, compared with $53,000 in 2006.

Net loss in the fourth quarter was $5,970,000, or $0.13 per share, compared with a net loss of $5,699,000, or $0.28 per share, in the same period last year. Net loss for 2007 was $20,365,000, or $0.59 per share, compared with $22,643,000, or $1.26 per share, for fiscal year 2006.

"We made significant progress during 2007, penetrating tier-one customers in the professional and broadcast video industry, such as LG and LodgeNet," said Dan Sweeney, MathStar's president and chief operating officer. "We believe that we are starting to see the revenue ramp for MathStar, as we demonstrate similar success with additional customers," he added.

The company has scheduled its fourth quarter 2007 financial results conference call for Tuesday, Feb. 19, 2008 at 1:30 p.m. Pacific time. To listen to the call, please dial 303-205-0044 or 800-366-3964. A replay of the call will be made available on the company's website at http://www.mathstar.com/.

About MathStar, Inc.

MathStar is a fabless semiconductor company offering best-in-class, high performance programmable logic solutions. MathStar's Field Programmable Object Array (FPOA) can process arithmetic and logic operations at clock rates at 1 gigahertz, which is up to four times faster than even the most advanced FPGA architectures in many applications. MathStar's Arrix family of FPOAs are high-performance programmable solutions that enable customers in the machine vision, high-performance video, medical imaging, security and surveillance and military markets to rapidly and cost effectively innovate and differentiate their products. FPOAs are available now and are supported by development tools, IP libraries, application notes and technical documentation. For more information, please visit http://www.mathstar.com/.

Statements in this press release, other than historical information, may be "forward-looking" in nature within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to various risks, uncertainties and assumptions. These statements are based on management's current expectations, estimates and projections about MathStar and its industry and include, but are not limited to, those set forth in the section of MathStar's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 14, 2007 under the heading "Risk Factors." MathStar undertakes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

MathStar, Inc. Unaudited Balance Sheet (in thousands) December 31, December 31, 2006 2007 Assets Current assets Cash and cash equivalents $12,891 $4,339 Restricted cash 103 107 Investments - short term - 22,200 Accounts receivable 14 271 Inventory 610 623 Prepaid expenses and other current assets 1,231 1,326 Total current assets 14,849 28,866 Property and equipment, net 487 557 Investments - long term - 2,599 Other assets 278 435 Total assets $15,614 $32,457 Liabilities and Stockholders' Equity Current liabilities Accounts payable $1,791 $930 Deferred revenue - 162 Accrued expenses 1,206 1,416 Total Current Liabilities 2,997 2,508 Long Term Liabilities - 453 Total liabilities 2,997 2,961 Stockholders' equity Common stock, $0.01 par value; 90,000 shares authorized; 20,922 and 45,907 shares issued and outstanding at December 31, 2006 and December 31, 2007, respectively 209 459 Additional paid-in capital 118,545 155,539 Retained earnings (106,137) (126,502) Total stockholders' equity 12,617 29,496 Total liabilities and stockholders' equity $15,614 $32,457 MathStar, Inc. Unaudited Statement of Operations (in thousands except for per share amounts) Three Months Ended Twelve Months Ended December 31, December 31, 2006 2007 2006 2007 Revenue $7 $313 $53 $588 Cost of goods sold 98 474 126 655 Gross margin (91) (161) (73) (67) Operating expenses: Research and development 3,797 4,060 14,090 12,447 Selling, general and administrative 2,002 2,132 9,133 8,865 Total Operating Expenses 5,799 6,192 23,223 21,312 Operating loss (5,890) (6,353) (23,296) (21,379) Interest income 191 393 653 1,048 Other income /(loss), net - (10) - (34) Net loss $(5,699) $(5,970) $(22,643) $(20,365) Basic and diluted net loss per share $(0.28) $(0.13) $(1.26) $(0.59) Weighted average basic and diluted shares outstanding 20,678 45,907 18,001 34,312

MathStar, Inc.

CONTACT: James Cruckhank of MathStar, Inc., +1-503-726-5500,
info@mathstar.com; or Alexis Pascal of Stapleton Communications,
+1-650-470-0200, alexis@stapleton.com, for MathStar, Inc.

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

Limelight Networks Reports Fourth-Quarter and Full Year 2007 Results

TEMPE, Ariz., Feb. 19 /PRNewswire-FirstCall/ -- Limelight Networks, Inc. today reported fourth quarter and full year results for the period ended December 31, 2007.

"2007 was a year of strong growth for Limelight Networks. We added over 450 new customers, substantially expanding our domestic and international market presence and winning key new customers in the online game, social media, and mainstream entertainment market segments, all while growing our peak traffic levels over 90%," said Jeff Lunsford, chairman and CEO, Limelight Networks, Inc.

For the fourth quarter 2007, the Company generated $29.1 million of GAAP (generally accepted accounting principles) revenue with a net loss of $0.08 per basic share. For the full year, the Company reported GAAP revenue of $103.1 million with a GAAP net loss of $0.41 per basic share.

The Company generated non-GAAP revenue for the fourth quarter 2007 of $29.9 million, adjusted EBITDA of $4.9 million and non-GAAP net income of $0.01 per basic share. For the full year, the Company reported non-GAAP revenue of $106.2 million, adjusted EBITDA of $21.5 million and non-GAAP net income of $0.09 per basic share -- see reconciliation to GAAP measures attached.

During the fourth quarter, the Company: -- Signed contracts with over 200 new customers. -- Added over 170 net new customers into production, a new quarterly record, raising the total number of production customers to over 1,150. -- Was named the exclusive content delivery network for the world's first studio-backed feature film to be released online, in conjunction with Blockbuster, Inc., and Microsoft Silverlight. -- Announced Brightcove, Fox Interactive Media, MSN Video and Rajshri.com as customers for the LimelightHD service. -- Introduced support for Adobe Flash Media Streaming Server 3. -- Strengthened the Company's senior leadership team, with the appointment of Philip C. Maynard as senior vice president, chief legal officer, and secretary; and Roxanne Ivory, as vice president of global marketing.

"More organizations are moving digital assets online and looking to make them instantly available in high-fidelity to end-users. Limelight Networks' scalable architecture uniquely addresses the challenges inherent in this task. We believe we have a strong and compelling solution to continue supporting our customers' high-growth initiatives within this exciting market," added Lunsford.

First Quarter 2008 Outlook

The Company anticipates revenue to be in the range of $30.0 million to $32.0 million, non-GAAP net income to be in the range of $0.02 to $0.03 per basic share and adjusted EBITDA to be in the range of $2.0 million to $4.0 million, after including litigation-related costs during the quarter of $3.5 to $4.0 million.

Conference Call and Web Audiocast

Management will host a quarterly conference call for investors beginning at 2:00 p.m. PST (5 p.m. EST) on Tuesday, February 19, 2008. This call can be accessed toll-free at 1-877-574-8878 within the United States or 1-706-634-6364 outside of the U.S. using Conference ID 33463019. The conference call will also be audiocast live at http://www.llnw.com/ and a replay will be available following the call from the Company's website.

Financial Statements LIMELIGHT NETWORKS, INC. Condensed Consolidated Balance Sheets (In thousands) (Unaudited) December 31, December 31, 2007 2006 Assets Cash and cash equivalents $113,824 $7,611 Marketable securities, short-term 83,273 - Accounts receivable, net 22,338 17,526 Income tax receivable 1,190 2,980 Deferred income taxes - 362 Prepaid expenses and other current assets 4,469 3,011 Current assets 225,094 31,490 Property and equipment, net 46,968 41,784 Investment in marketable securities 87 285 Deferred income taxes - 106 Other assets 1,440 759 Total assets $273,589 $74,424 Liabilities and stockholders' equity Accounts payable $8,522 $6,419 Accounts payable, related parties 230 781 Deferred revenue, current portion 4,237 197 Credit facilities, current portion - 2,938 Capital lease obligations, current portion - 245 Other current liabilities 9,312 6,314 Current liabilities 22,301 16,894 Deferred revenue, less current portion 8,189 - Credit facilities, less current portion - 20,456 Capital lease obligations, less current portion - 5 Other liabilities - 30 Total liabilities 30,490 37,385 Stockholders' equity 243,099 37,039 Total liabilities and stockholders' equity $273,589 $74,424 LIMELIGHT NETWORKS, INC. Condensed Consolidated Statements of Operations (In thousands, except per share data) (Unaudited) Three Months Ended Twelve Months Ended December September December September December December 31, 30, 31, 30, 31, 31, 2007 2007 2006 2006 2007 2006 Revenues $29,132 $29,190 $22,110 $17,454 $103,111 $65,243 Costs and operating expenses: Cost of revenues (1)(3) 18,435 17,773 13,232 10,200 65,541 35,978 General and administrative (1)(3) 7,030 8,117 10,061 4,679 31,752 18,614 Sales and marketing (1) 8,619 7,421 2,450 1,860 25,462 6,841 Research and development (1) 1,385 1,294 1,200 1,193 5,504 3,151 Total costs and operating expenses 35,469 34,605 26,943 17,932 128,259 64,584 Operating income (loss) (6,337) (5,415) (4,833) (478) (25,148) 659 Interest expense (2) (6) (18) (431) (373) (1,418) (1,828) Interest income 2,035 2,456 129 79 5,153 208 Other income (177) 33 105 70 (144) 175 Income (loss) before income taxes (4,485) (2,944) (5,030) (702) (21,557) (786) Income tax expense 1,798 181 (51) 688 2,401 2,591 Net loss $(6,283) $(3,125) $(4,979) $(1,390) $(23,958) $(3,377) Net loss allocable to common stockholders $(6,283) $(3,125) $(4,979) $(1,390) $(23,958) $(3,377) Net loss per share: Basic $(0.08) $(0.04) $(0.25) $(0.09) $(0.41) $(0.13) Diluted $(0.08) $(0.04) $(0.25) $(0.09) $(0.41) $(0.13) Shares used in per share calculations: Basic 82,140 82,045 19,882 15,670 57,982 25,597 Diluted 82,140 82,045 19,882 15,670 57,982 25,597 (1) Includes share-based compensation (see supplemental table for figures) (2) Includes zero and approximately $424K of deferred financing fees for the three and twelve month periods ended December 31, 2007 (3) Includes depreciation (see supplemental table for figures) LIMELIGHT NETWORKS, INC. Supplemental Financial Data (In thousands) (Unaudited) Three Months Ended Twelve Months Ended December September December September December December 31, 30, 31, 30, 31, 31, 2007 2007 2006 2006 2007 2006 Supplemental financial data (in thousands): Share-based compensation: Cost of revenues $479 $422 $201 $136 $1,489 $459 General and administrative 1,454 1,702 4,655 2,097 10,653 6,794 Sales and marketing 1,272 1,289 143 84 3,948 334 Research and development 420 542 856 735 2,820 1,661 Total share-based Compensation $3,625 $3,955 $5,855 $3,052 $18,910 $9,248 Depreciation and amortization: Network-related depreciation $5,428 $5,602 $3,908 $2,900 $20,739 $10,316 Other depreciation 278 268 91 63 857 226 Total depreciation and amortization $5,706 $5,870 $3,999 $2,963 $21,596 $10,542 Capital expenditures: Capital Expenditures (cash & accrual) $5,136 $7,291 $17,109 $12,710 $26,771 $40,339 Net increase (decrease) in cash, cash equivalents and marketable securities $3,032 $6,370 $(3,501) $9,471 $189,288 $6,005 End of period statistics: Number of production customers under recurring contract 1,159 988 693 625 1,159 693 Number of employees 239 219 123 108 239 123 LIMELIGHT NETWORKS, INC. Condensed Consolidated Statements of Cash Flows (In thousands) (Unaudited) Three Months Ended Twelve Months Ended December September December September December December 31, 30, 31, 30, 31, 31, 2007 2007 2006 2006 2007 2006 Cash flows from operating activities: Net loss $(6,283) $(3,125) $(4,979) $(1,390) $(23,958) $(3,377) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation and amortization 5,706 5,870 3,999 2,963 21,596 10,542 Share-based compensation 3,625 3,955 5,855 3,052 18,910 9,248 Deferred income tax expense (benefit) 33 (294) (470) (1) 319 (471) Accounts receivable charges 1,337 1,689 743 242 4,873 1,162 Accretion of debt discount - - 74 33 424 143 Accretion of marketable securities (530) (277) - - (807) - Gain on sale of property and equipment - - (175) - - (175) Loss on foreign exchange 42 - - - 42 - Loss on investment 387 - - - 387 - Changes in operating assets and liabilities: Accounts receivable (5,244) 1,202 (6,313) (2,978) (9,685) (14,415) Prepaid expenses and other current assets 1,037 (143) (499) (908) (1,458) (2,071) Income taxes receivable 2,946 412 (3,124) 144 2,820 (2,980) Other assets 7 (153) (162) (25) (691) (423) Accounts payable 3,614 (1,883) (6,074) 8,785 (1,981) 3,725 Accounts payable, related parties 230 (19) 781 (958) (551) 419 Deferred revenue and Other current liabilities (4,314) 10,471 2,161 860 15,824 4,966 Other long term liabilities (30) - - - (30) - Net cash provided (used in) by operating activities: 2,563 17,705 (8,183) 9,819 26,034 6,293 Cash flows from investing activities: Purchase of marketable securities (37,569) (43,411) - - (109,570) - Sale of marketable securities 20,300 7,000 - - 27,300 - Purchases of property and equipment (2,081) (12,094) (13,282) (16,895) (22,731) (40,609) Net cash used in investing activities (19,350) (48,505) (13,282) (16,895) (105,001) (40,609) Cash flows from financing activities: Borrowings on credit facilities - - 23,818 2,500 - 32,873 Payments on credit facilities - - (7,749) (11,435) (23,818) (19,682) Borrowings on line of credit - - - - 1,500 - Payments on line of credit - - - (1,000) (1,500) (1,000) Payments on capital lease obligations - - (71) (72) (250) (242) Payments on notes payable - related parties - - - - - (195) Escrow funds returned from share repurchase 1,190 1,029 317 412 4,608 729 Tax benefit from share-based compensation 543 - 1,627 - 566 1,627 Proceeds from exercise of stock options 128 4 200 1,840 162 2,086 Net proceeds from preferred stock issuance - - (107) 126,423 - 126,316 Repurchase of common stock - - - (102,121) - (102,121) Proceeds from initial public offering, net of issuance costs - (586) - - 203,912 - Net cash provided by financing activities 1,861 447 18,035 16,547 185,180 40,391 Net increase (decrease) in cash and cash equivalents (14,926) (30,353) (3,430) 9,471 106,213 6,075 Cash and cash equivalents, beginning of period 128,750 159,103 11,041 1,570 7,611 1,536 Cash and cash equivalents, end of period $113,824 $128,750 $7,611 $11,041 $113,824 $7,611 Use of Non-GAAP Financial Measures

In evaluating our business, we consider and use non-GAAP revenue, non-GAAP net income and Adjusted EBITDA as a supplemental measure of our operating performance. We consider non-GAAP revenue and net income measurements to be an important indicator of overall performance of the Company because it allows us to illustrate the impact of revenue generated from our multi-element contract as well as to eliminate the effects of share-based compensation and litigation expense. We define EBITDA as GAAP net income before net interest expense, provision for income taxes, depreciation and amortization. We define Adjusted EBITDA as EBITDA plus income from our multi-element contract and expenses that we do not consider reflective of our ongoing operations. We use Adjusted EBITDA as a supplemental measure to review and assess our operating performance. We also believe use of Adjusted EBITDA facilitates investors' use of operating performance comparisons from period to period and company to company by backing out potential differences caused by variations in such items as capital structures (affecting relative interest expense and share-based compensation expense), the book amortization of intangibles (affecting relative amortization expense), the age and book value of facilities and equipment (affecting relative depreciation expense) and other non cash expenses. We also present Adjusted EBITDA because we believe it is frequently used by securities analysts, investors and other interested parties as a measure of financial performance.

The terms non-GAAP revenue and net income, EBITDA and Adjusted EBITDA are not defined under U.S. generally accepted accounting principles, or U.S. GAAP, and are not measures of operating income, operating performance or liquidity presented in accordance with U.S. GAAP. Our non-GAAP revenue and net income, EBITDA and Adjusted EBITDA have limitations as analytical tools, and when assessing our operating performance, you should not consider non-GAAP revenue and net income, EBITDA and Adjusted EBITDA in isolation, or as a substitute for net income (loss) or other consolidated income statement data prepared in accordance with U.S. GAAP. Some of these limitations include, but are not limited to:

-- EBITDA and Adjusted EBITDA do not reflect our cash expenditures or future requirements for capital expenditures or contractual commitments; -- they do not reflect changes in, or cash requirements for, our working capital needs; -- they do not reflect the interest expense, or the cash requirements necessary to service interest or principal payments, on our debt; -- they do not reflect income taxes or the cash requirements for any tax payments; -- although depreciation and amortization are non-cash charges, the assets being depreciated and amortized often will have to be replaced in the future, and EBITDA and Adjusted EBITDA do not reflect any cash requirements for such replacements; -- while stock-based compensation is a component of operating expenses, the impact on our financial statements compared to other companies can vary significantly due to such factors as assumed life of the options and assumed volatility of our common stock; and -- compared to other companies can vary significantly due to such factors as assumed life of the options and assumed volatility of our common stock; and -- other companies may calculate EBITDA and Adjusted EBITDA differently than we do, limiting their usefulness as comparative measures.

We compensate for these limitations by relying primarily on our GAAP results and using non-GAAP Net Income and Adjusted EBITDA only supplementally. Non-GAAP Net Income, EBITDA and Adjusted EBITDA are calculated as follows for the periods presented in thousands:

Reconciliation of Non-GAAP Financial Measures

In accordance with the requirements of Regulation G issued by the Securities and Exchange Commission, the Company is presenting the most directly comparable GAAP financial measures and reconciling the non-GAAP financial metrics to the comparable GAAP measures.

Reconciliation of GAAP Revenue to Non-GAAP Revenue (In thousands) (Unaudited) Three Months Ended Twelve Months Ended December September December September December December 31, 30, 31, 30, 31, 31, 2007 2007 2006 2006 2007 2006 GAAP Revenue $29,132 $29,190 $22,110 $17,454 $103,111 $65,243 Deferred Traffic Revenue - (2,645) - - - - Deferred Custom CDN Services 722 1,504 - - 3,047 - Non-GAAP Revenue $29,854 $28,049 $22,110 $17,454 $106,158 $65,243 Reconciliation of GAAP Net Income (Loss) to Non-GAAP Net Income (Loss) (In thousands) (Unaudited) Three Months Ended Twelve Months Ended December September December September December December 31, 30, 31, 30, 31, 31, 2007 2007 2006 2006 2007 2006 GAAP net loss $(6,283) $(3,125) $(4,979) $(1,390) $(23,958) $(3,377) Share-based compensation 3,625 3,955 5,855 3,052 18,910 9,248 Litigation expenses 2,772 2,002 2,296 825 7,295 3,121 Deferred revenue 722 (1,141) - - 3,047 - Deferred cost of traffic and services 21 649 - - (205) - Non-GAAP net income $857 $2,340 $3,172 $2,487 $5,089 $8,992 Non-GAAP net income basic share $0.01 $0.03 $0.16 $0.16 $0.09 $0.35 Reconciliation of GAAP Net Income (Loss) to EBITDA to Adjusted EBITDA (In thousands) (Unaudited) Three Months Ended Twelve Months Ended December September December September December December 31, 30, 31, 30, 31, 31, 2007 2007 2006 2006 2007 2006 GAAP net loss $(6,283) $(3,125) $(4,979) $(1,390) $(23,958) $(3,377) Add: depreciation and amortization 5,706 5,870 3,999 2,963 21,596 10,542 Add: interest expense 6 18 431 373 1,418 1,828 Less: interest/ other income (1,858) (2,490) (234) (149) (5,009) (383) Plus income tax expense (benefit) 1,798 181 (51) 688 2,401 2,591 EBITDA $(631) $454 $(834) $2,485 $(3,552) $11,201 Add: share-based compensation 3,625 3,955 5,855 3,052 18,910 9,248 Add: litigation expenses recoverable from escrow (1) 1,132 1,001 1,148 413 3,394 1,561 Add: deferred traffic and services revenue 722 (1,141) - - 3,047 - Less: deferred traffic and service costs (21) (649) - - 265 - Adjusted EBITDA $4,869 $4,918 $6,169 $5,950 $21,534 $22,010 (1) During 2006, we repurchased stock in a transaction with a total value of $102.1 million. Selling stockholders agreed to hold $10.1 million of the proceeds to offset specific claims for reimbursement associated with the Akamai lawsuit and other undisclosed obligations that may arise. For the three month periods ended December 31, 2007 and 2006, we had $1.1 million and $1.1 million, respectively, of litigation costs subject to reimbursement from this escrow. For the twelve month periods ended December 31, 2007 and 2006, we had $3.4 million and $1.6 million, respectively, of litigation costs subject to reimbursement from this escrow. Safe-Harbor Statement

This press release contains forward-looking statements concerning the outlook for the Company's revenues, net loss and stock-based compensation expense for the first quarter of 2008. Forward-looking statements are not guarantees and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, final review of the results and amendments and preparation of quarterly financial statements, including consultation with our outside auditors. Accordingly, readers are cautioned not to place undue reliance on any forward-looking statements. The Company assumes no duty or obligation to update or revise any forward-looking statements for any reason.

About Limelight Networks

Limelight Networks, Inc. is enabling new business models by re-inventing content distribution over the Internet.

The Company operates a content delivery network that bypasses the busy public Internet to bring media content directly to an online audience. This architecture is optimized to securely store and instantly deliver any digital asset in a media library, through thousands of servers interconnected by a dedicated global optical network, and direct connections to more than 900 access networks around the world.

A trusted partner with a passion for customer service and proactive support, Limelight Networks helps maximize the online presence of thousands of entertainment, technology, enterprise and government organizations. For more information, visit http://www.limelightnetworks.com/.

Limelight Networks, Inc.

CONTACT: Paul Alfieri of Limelight Networks, Inc., +1-917-297-4241,
palfieri@llnw.com

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

Informatica to Present at Roth 20th Annual OC Growth Stock Conference

REDWOOD CITY, Calif., Feb. 19 /PRNewswire-FirstCall/ -- Informatica Corporation , the leading independent provider of data integration software, today announced that Ron Papas, senior vice president and general manager, On Demand, and Stephanie Wakefield, senior director, Investor Relations, will present a corporate overview at the Roth 20th Annual OC Growth Stock Conference on Wednesday, February 20, 2008 at 9:00 a.m. PST.

A live audio Web cast of the event will be available at http://www.informatica.com/investor. An audio Web cast archive of the events will be available until 12:00 p.m. PST on February 27, 2008.

About Informatica

Informatica Corporation is the leading independent provider of enterprise data integration software. Using Informatica products, companies can access, integrate, migrate and consolidate enterprise data across systems, processes and people to reduce complexity, ensure consistency and empower the business. More than 2,950 companies worldwide rely on Informatica for their end-to-end enterprise data integration needs. For more information, call 650-385-5000 (800-653-3871 in the U.S.), or visit http://www.informatica.com/.

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

Informatica Corporation

CONTACT: Deborah Wiltshire, Public Relations, +1-650-385-5360,
dwiltshire@informatica.com, or Stephanie Wakefield, Investor Relations,
+1-650-385-5261, swakefield@informatica.com, both of Informatica
Corporation

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

SRA Appoints William T. Keevan to Board of DirectorsFinancial expert brings more than 35 years of expertise to SRA Board

FAIRFAX, Va., Feb. 19 /PRNewswire-FirstCall/ -- SRA International, Inc. , a leading provider of technology and strategic consulting services and solutions to government organizations, today announced that William T. Keevan has been appointed to the SRA Board of Directors. Keevan is a senior managing director and national leader of the Forensic Accounting and Litigation Consulting practice at Kroll, a leading global risk consulting company.

Keevan has more than 35 years of accounting, auditing, financial reporting, litigation consulting and government contractor regulatory compliance experience. He has been recognized in multiple forums as an expert witness on financial, regulatory and compliance matters. Keevan is also the chair of the Audit Committee of DeVry Inc. and a member of its Compensation Committee.

"Bill's expertise in advising clients on complex accounting, financial reporting, regulatory compliance and governance matters makes him an important addition to the Board," SRA President and CEO Stan Sloane said. "We are privileged to add Bill's financial acumen and government contracting experience to the SRA Board."

Keevan's career also includes four-and-a-half years as the leader of Navigant Consulting's Government Contractor Services practice and 28 years with Arthur Andersen, LLP, including serving as a partner in senior management positions.

SRA Chairman and Founder Ernst Volgenau said, "We are pleased that Bill Keevan will join the SRA Board of Directors. He has excellent experience in regulatory compliance for many sectors: aerospace, healthcare and insurance, higher education, public accounting and other areas. He will make valuable contributions to the Board."

About SRA International, Inc.

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

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

Any statements in this press release about future expectations, plans, and prospects for SRA, including statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent our views as of February 19, 2008. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to February 19, 2008.

SRA International, Inc.

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

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

DemandTec to Present at the Pacific Crest 3rd Annual On-Demand Conference

SAN CARLOS, Calif., Feb. 19 /PRNewswire-FirstCall/ -- DemandTec, Inc. , a leading provider of on-demand optimization solutions for retailers and consumer products companies today announced that its chief financial officer, Mark Culhane, will present at the Pacific Crest 3rd Annual On-Demand Conference at The Fairmont Hotel in San Francisco, California.

The DemandTec presentation is scheduled for Thursday, February 28, 2008 at 11:30 a.m. Pacific Time (2:30 p.m. Eastern Time). The presentation will be webcast live and will be available by visiting the Investor Relations section of the company's website at http://www.demandtec.com/. The webcast will be archived on the company's website.

About DemandTec

DemandTec's suite of on-demand applications empowers retailers and consumer products companies to optimize strategic decisions and collaborate in order to achieve their revenue, profitability and sales volume objectives. DemandTec customers include leading retailers such as Advance Auto Parts, Best Buy, Circle K Stores, Delhaize America, Giant-Carlisle, H-E-B Grocery Co., Monoprix and Safeway, as well as more than 100 consumer products companies. DemandTec has managed more than one million trade promotion deals between retailers and their manufacturer partners.

DemandTec, Inc.

CONTACT: Mark Culhane, EVP and CFO of DemandTec, Inc., +1-650-226-4600;
or Investors, Michael Kern, Vice President of ICR, +1-617-956-6731, for
DemandTec, Inc.

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

TechTeam Global Reports Fourth Quarter 2007 Financial Results

SOUTHFIELD, Mich., Feb. 19 /PRNewswire-FirstCall/ -- TechTeam Global, Inc. (the "Company") , a worldwide provider of information technology, enterprise support and business process outsourcing services, today reported net income of $1.8 million, or $0.17 per diluted share, for the three months ended December 31, 2007, which was a 50% increase over net income of $1.2 million, or $0.12 per diluted share, reported for the same period last year. For the 2007 fiscal year, the Company reported net income of $6.3 million, or $0.60 per diluted share, which more than tripled reported net income of $1.8 million, or $0.18 per diluted share, for the 2006 fiscal year.

Fourth quarter highlights include the following: -- Total revenue of $64.3 million increased 46.6% over last year through a combination of growth via acquisitions and 17.6% organic growth (growth without acquisitions). -- Revenue from the Company's commercial business of $42.9 million increased 33.2% over last year through a combination of growth via acquisitions and 19.6% organic growth. -- Revenue from the Company's government business of $21.5 million increased 83.4% over last year primarily due to acquisitions and 11.8% organic growth.

"TechTeam achieved another quarter of growth, record revenue and improved year-over-year profitability in the fourth quarter. This was our fifth consecutive quarter of record revenue and solid profits that closed out a very successful year for the company," said Gary J. Cotshott, President and Chief Executive Officer. "As we look to 2008 and beyond, the company has many untapped opportunities for new growth that complement the solid foundation that TechTeam has built. We will continue to focus on providing best-in-class information technology solutions and services that address the growing need for process improvement, cost optimization and selective outsourcing within the IT organizations of both commercial and government customers."

Cotshott added, "TechTeam has achieved some momentum in growth and earnings. I look forward to building on this momentum with a strategy focused on continued organic and acquired growth and improved profitability. TechTeam is well positioned to deliver double digit organic revenue growth for 2008 after annualizing the impact of acquisitions made in 2007. In addition, while making some investments in our service delivery infrastructure and sales and marketing functions, we believe that we will achieve continued improvements in margins and scale our SG&A expenses as a percent of revenue in 2008 as we continue our focus on maximizing shareholder value."

Total Company revenue increased 46.6% to $64.3 million for the fourth quarter of 2007, from $43.9 million for the same period in 2006, through a combination of growth through acquisitions and organic growth from both new and existing customers. Excluding revenue contributed by three acquisitions completed in 2007, total revenue increased 17.6% to $51.6 million for the fourth quarter of 2007. This organic growth in revenue reached almost 20% in the commercial business and almost 12% in the government business. Revenue from the commercial business for the fourth quarter of 2007 was favorably impacted by approximately $2.0 million from the weakening of the U.S. dollar over the fourth quarter of 2006 relative to the international currencies in which the Company conducts business.

Gross profit increased 45.3% to $16.0 million for the fourth quarter of 2007, from $11.0 million for the same period in 2006. The Company's gross margin (gross profit as a percent of revenue) was essentially flat with the same period in 2006. Gross margins in the quarter were affected by unique project and new account launch-related costs. Excluding the gross profit contributed by acquisitions completed in 2007, fourth quarter gross profit increased 14.8% to $12.6 million. Gross profit from the Company's commercial business increased 31.1% to $10.2 million and gross profit from the Company's government business increased 80.0% to $5.8 million.

While increasing on a dollar basis, selling, general and administrative ("SG&A") expense decreased as a percentage of revenue from 21.5% to 19.9% in the fourth quarter of 2007, compared to the same period last year. This improvement occurred in spite of higher employee recruiting-related expenses, costs related to the Company's CEO succession plan, some higher than normal travel expenses, and the weakening of the U.S. dollar from the fourth quarter of 2006. Excluding acquisitions completed in 2007, SG&A expense was $10.3 million, or 19.9% of revenue, for the fourth quarter of 2007.

Operating income increased to $3.2 million, or 5.0% of revenue, for the fourth quarter of 2007, from $1.6 million, or 3.6% of revenue, for the same period in 2006. The improvement in operating income and operating margin was driven by the acceleration of revenue growth throughout 2007.

Other components of TechTeam's fourth quarter 2007 performance include the following:

-- In the Company's commercial business, revenue in the Americas increased 9.3% to $17.9 million and European revenue increased 58.0% to $25.0 million for the fourth quarter of 2007. Excluding acquisitions, organic revenue in Europe increased 30.4% to $20.6 million. Although revenue from Europe in 2007 was favorably impacted by the weakening of the U.S. dollar by approximately $2.0 million relative to the fourth quarter of 2006, Europe continued to show very strong growth in 2007 over 2006. -- For the fourth quarter of 2007, earnings before interest, taxes, depreciation and amortization expense ("EBITDA") increased 80.5% to $5.2 million, or 8.0% of revenue, compared with EBITDA of $2.9 million, or 6.5% of revenue, for the same period in 2006. The Company believes EBITDA is an important "non-GAAP" measure of the Company's financial performance. EBITDA presents information on earnings that may be more comparable to companies with different finance structures, capital investments or capitalization and depreciation policies. The most closely related GAAP measure is operating income. Some financial analysts also use EBITDA to assist in the determination of a company's possible market valuation. (See the table following the financial statements contained in this press release for a reconciliation of operating income to EBITDA.) -- As of December 31, 2007, the Company had 10,693,488 common shares issued and outstanding. Conference Call Information

TechTeam Global, Inc. will also host an investor teleconference to discuss its fourth quarter 2007 financial results at 4:30 p.m. EST, today, Tuesday, February 19, 2008. To participate in the teleconference, including the question and answer session that will follow the results announcement and discussion, please call 1-866-578-5784. (Outside the United States, call +1- 617-213-8056.) When prompted, enter the passcode: 39104607. To access a simultaneous Web cast of the teleconference, go to the TechTeam Global Web site at http://www.techteam.com/investors and click on the Web cast icon. From this site, you can download the necessary software and listen to the teleconference. TechTeam encourages you to review the site before the teleconference to ensure that your computer is configured properly.

A taped replay of the call will be available beginning at approximately 6:30 p.m. EST, Tuesday, February 19, 2008. This toll-free replay will be available through Tuesday, March 4, 2008. To listen to the teleconference replay, call 1-888-286-8010. (Outside the United States, call +1-617-801-6888.) When prompted, enter the passcode: 62715694.

About TechTeam Global, Inc.

TechTeam Global, Inc. is a worldwide provider of information technology, enterprise support and business process outsourcing services to Fortune 1000 corporations, multinational companies, product providers, small and medium- sized companies, and government entities. TechTeam's ability to integrate computer services into a flexible, ITIL-based solution is a key element of its strategy. Partnerships with some of the world's "best-in-class" corporations provide TechTeam with unique expertise and experience in providing information technology support solutions. For information about TechTeam Global, Inc. and its services, call 800-522-4451 from the United States or visit our Web sites at http://www.techteam.com/ and http://www.techteam.eu/. TechTeam's common stock is traded on the Nasdaq Global Market under the symbol "TEAM."

Safe Harbor Statement

The statements contained in this press release that are not purely historical, including statements regarding the Company's expectations, hopes, beliefs, intentions or strategies regarding the future, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding, among other things, the growth of the Company's core business, revenue and earnings performance going forward, management of overhead expenses, productivity and operating expenses. Forward-looking statements may be identified by words including, but not limited to, "anticipates," "believes," "intends," "estimates," "promises," "expects," "should," "conditioned upon" and similar expressions. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward- looking statements as a result of various factors. Such factors include, but are not limited to, the award or loss of significant client assignments, timing of contracts, recruiting and new business solicitation efforts, the Company's ability to recruit and retain highly-qualified executives, the market's acceptance of and demand for the Company's offerings, competition, unforeseen expenses, the costs and risks associated with executing an offshore strategy, demands upon and consumption of the Company's cash and cash equivalent resources or changes in the Company's access to working capital, currency fluctuations, changes in the quantity of the Company's common stock outstanding, regulatory changes and other factors affecting the financial constraints on the Company's clients, economic factors specific to the U.S. Federal Government and automotive industry, general economic conditions, unforeseen disruptions in transportation, communications or other infrastructure components, unforeseen or unplanned delays in the Company's ability to consummate acquisitions, and the Company's ability to successfully integrate acquisitions on a timely basis. All forward-looking statements included in this press release are based on information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statement. Prospective investors should also review all aspects of the Company's Reports on Forms 8-K, 10-Q, and 10-K filed with the United States Securities and Exchange Commission, including Management's Discussion and Analysis of Financial Condition and Results of Operations, and the risks described therein from time to time.

Financial Data TechTeam Global, Inc. Condensed Consolidated Statements of Operations (unaudited) (In thousands, except per share data) Three Months Ended Year Ended December 31, December 31, ------------------------- ------------------------- % % 2007 2006 Change 2007 2006 Change ------- ------- ------- ------- ------- ------- Revenue Commercial - IT Outsourcing Services $29,388 $23,356 25.8% $104,659 $86,461 21.0% IT Consulting and Systems Integration 7,484 6,573 13.9% 28,064 24,013 16.9% Other Services 5,980 2,240 167% 20,219 9,497 113% ------- ------- ------- ------- Total Commercial 42,852 32,169 33.2% 152,942 119,971 27.5% Government Technology Services 21,456 11,702 83.4% 69,254 47,393 46.1% ------- ------- ------- ------- Total Revenue 64,308 43,871 46.6% 222,196 167,364 32.8% ------- ------- ------- ------- Cost of Revenue Commercial - IT Outsourcing Services 21,765 17,360 25.4% 77,771 65,359 19.0% Asset impairment loss -- -- -- -- 580 -- ------- ------- ------- ------- Total IT Outsourcing Services 21,765 17,360 25.4% 77,771 65,939 17.9% IT Consulting and Systems Integration 6,008 5,053 18.9% 21,877 18,272 19.7% Other Services 4,849 1,950 149% 15,430 7,887 95.6% ------- ------- ------- ------- Total Commercial 32,622 24,363 33.9% 115,078 92,098 25.0% Government Technology Services 15,671 8,489 84.6% 50,276 34,789 44.5% ------- ------- ------- ------- Total Cost of Revenue 48,293 32,852 47.0% 165,354 126,887 30.3% ------- ------- ------- ------- Gross Profit 16,015 11,019 45.3% 56,842 40,477 40.4% Selling, general and administrative expense 12,809 9,445 35.6% 46,547 38,317 21.5% ------- ------- ------- ------- Operating Income 3,206 1,574 104% 10,295 2,160 377% Net interest income (expense) (389) 251 (572) 776 Foreign currency transaction loss (65) (83) (84) (186) ------- ------- ------- ------- Income before Income Taxes 2,752 1,742 9,639 2,750 Income tax provision 947 508 3,343 873 ------- ------- ------- ------- Income from Continuing Operations 1,805 1,234 6,296 1,877 Loss from discontinued operations, net -- (32) -- (43) ------- ------- ------- ------- Net Income $1,805 $1,202 $6,296 $1,834 ======= ======= ======= ======= Diluted Earnings per Common Share $0.17 $0.12 $0.60 $0.18 ======= ======= ======= ======= Diluted weighted average common shares and common share equivalents 10,595 10,300 10,506 10,176 ======= ======= ======= ======= Condensed Consolidated Balance Sheet (unaudited) (In thousands) As of December 31, ---------------------- 2007 2006 --------- --------- Current Assets Cash and cash equivalents $19,431 $30,082 Accounts receivable, net 69,627 41,189 Prepaid expenses and other current assets 5,290 5,096 --------- --------- Total current assets 94,348 76,367 Property, Equipment and Software, Net 10,562 9,117 Goodwill and Other Intangible Assets, Net 75,322 31,703 Other Assets 573 743 --------- --------- Total Assets $180,805 $117,930 ========= ========= Current Liabilities Current portion of long-term debt $5,850 $ - Accounts payable 20,952 8,350 Accrued payroll and related taxes 13,705 9,512 Accrued expenses and other current liabilities 9,717 8,334 --------- --------- Total current liabilities 50,224 26,196 --------- --------- Long-Term Liabilities Long-term debt, less current portion 31,167 3,174 Deferred income taxes 1,325 1,690 Other long-term liabilities 1,058 562 --------- --------- Total long-term liabilities 33,550 5,426 --------- --------- Shareholders' Equity Preferred stock - - Common stock 107 104 Additional paid-in capital 75,364 71,672 Retained earnings 18,391 12,095 Accumulated other comprehensive income 3,169 2,437 --------- --------- Total shareholders' equity 97,031 86,308 --------- --------- Total Liabilities and Shareholders' Equity $180,805 $117,930 ========= ========= Condensed Consolidated Statements of Cash Flows (unaudited) (In thousands) Year Ended December 31, ---------------------- 2007 2006 --------- --------- Operating Activities Net income $6,296 $1,834 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation and amortization 7,006 5,148 Asset impairment loss -- 580 Other adjustments, primarily changes in working capital (7,371) (4,276) Loss from discontinued operations -- 43 Net operating cash flow from discontinued operations (3) 62 --------- --------- Net cash provided by (used in) operating activities 5,928 3,391 --------- --------- Investing Activities Purchase of property, equipment and software (3,882) (4,182) Cash paid for acquisitions, net of cash acquired (47,160) (494) --------- --------- Net cash used in investing activities (51,042) (4,676) --------- --------- Financing Activities Proceeds from issuance of long-term debt 38,900 -- Proceeds from issuance of common stock 1,085 2,542 Tax benefit from stock options 570 497 Payments on long-term debt (6,299) (7,763) --------- --------- Net cash provided by (used in) financing activities 34,256 (4,724) --------- --------- Effect of exchange rate changes on cash and cash equivalents 207 1,335 --------- --------- Decrease in cash and cash equivalents (10,651) (4,674) Cash and cash equivalents at beginning of period 30,082 34,756 --------- --------- Cash and cash equivalents at end of period $19,431 $30,082 ========= ========= Reconciliation of Operating Income to EBITDA from Continuing Operations (In thousands) Three Months Ended Year Ended December 31, December 31, -------------------- -------------------- 2007 2006 2007 2006 --------- --------- --------- --------- Reconciliation of Operating Income to EBITDA Operating income $3,206 $1,574 $10,295 $2,160 Depreciation amortization 2,032 1,375 7,006 5,728 Foreign currency transaction loss (65) (83) (84) (186) --------- --------- --------- --------- EBITDA from Continuing Operations $5,173 $2,866 $17,217 $7,702 ========= ========= ========= =========

TechTeam Global, Inc.

CONTACT: Marc J. Lichtman, Vice President, Chief Financial Officer and
Treasurer, of TechTeam Global, Inc., +1-248-357-2866,
marc.lichtman@techteam.com

Web site: http://www.techteam.com/
http://www.techteam.eu/

Pacific Crest 2008 On-Demand Conference Kicks Off With Keynote by NetSuite CEO Zach NelsonKeynote to Showcase Advances in NetSuite's Accounting / ERP Software, CRM Software and Ecommerce Software SuiteEvent to be Webcast Live on NetSuite's Investor Relations Website

SAN MATEO, Calif., Feb. 19 /PRNewswire-FirstCall/ -- NetSuite Inc. , a leading vendor of on-demand, integrated business management software suites that include Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce software for small and midsized businesses and divisions of large companies, today announced that Zach Nelson, CEO of NetSuite, will deliver the morning keynote presentation on Thursday, February 28, 2008, at 8:15 a.m. (PST) / 11:15 a.m. (EST) at the Pacific Crest 2008 On-Demand Conference to be held at the Fairmont Hotel in San Francisco.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

An audio webcast of Mr. Nelson's presentation will be available on NetSuite's website at http://www.netsuite.com/investors.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business management software suites that include Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce software for small and midsized businesses and divisions of large companies. NetSuite enables companies to manage core business operations in a single system. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

Photo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com NetSuite Inc.

CONTACT: Investor Inquiries, IR@netsuite.com, or Media, Mei Li, Senior
VP, Corporate Communications of NetSuite Inc., +1-650-627-1063,
meili@netsuite.com

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

Verizon Wireless Funds $100,000 HopeLine Scholarship at Rutgers University School of Social WorkFirst Program in US to Prepare Graduate Students to Assist Victims of Domestic Violence and Sexual Assault

MORRISTOWN, N.J., Feb. 19 /PRNewswire/ -- Continuing its commitment to domestic violence prevention and awareness, Verizon Wireless joined with Rutgers University today to announce the creation of a new $100,000 scholarship fund at the Rutgers University School of Social Work and its Center on Violence Against Women and Children.

Named the Verizon Wireless HopeLine(R) Scholarship, income generated by the endowment will be used to award scholarships, annually, to at least three Rutgers graduate social work students enrolled in the School of Social Work's Master of Social Work (MSW) specialization on violence against women and children, the first such program in the country. The Rutgers University School of Social Work is one of the largest social work programs in the country. This groundbreaking scholarship on violence against women and children will prepare future social work professionals to work as executives or advocates in domestic violence and sexual assault organizations nationwide.

"We are thrilled to be selected for this unique and pioneering endowment for MSW students," said Judy Postmus, director of the Center on Violence Against Women & Children at Rutgers, School of Social Work. "With this scholarship, we are encouraging more students to learn about and work with survivors of physical and sexual violence. Plus, these graduates will then become the experts, promoting an evidenced-based social work practice and becoming mentors and instructors to future recipients of the Verizon Wireless HopeLine Scholarships."

The Verizon Wireless donation was made possible through the company's HopeLine phone recycling program, which collects old, no-longer-used cell phones at Verizon Wireless Communications Stores throughout New Jersey. The phones are refurbished, recycled or sold and the proceeds are donated to domestic violence advocacy groups in the form of cash grants and prepaid wireless phones for victims. Phones that cannot be refurbished are disposed of in an environmentally sound manner.

"The HopeLine program was created more than 10 years ago as a means for Verizon Wireless to put its products and services to work to help survivors of domestic violence," said Christine Baron, president of Verizon Wireless' Philadelphia Tri-State Region. "Its ultimate goal is to help end violence against women. This endowment extends HopeLine funding to a new generation of professionals dedicated to that common goal."

Verizon Wireless was the first wireless carrier in the nation to collect and recycle old cell phones and has done so since January 1999, first in New Jersey and then across the U.S. Nationally, the HopeLine program has collected nearly 4.2 million wireless phones, and given more than $4 million in cash grants and nearly 40,000 phones with airtime to domestic violence prevention organizations.

In addition to a successful phone recycling program and funding for non- profit domestic violence prevention organizations, HopeLine includes free wireless service and voice mailboxes for survivors, community and corporate awareness initiatives, and a bilingual "Invest in Yourself" program designed to help survivors re-enter the workforce.

HopeLine phone donations also are accepted at all Verizon Wireless Communications Stores in New Jersey and across the nation. For store locations and additional information, visit http://www.verizonwireless.com/hopeline.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 65.7 million customers. The largest U.S. wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, NJ, with 69,000 employees nationwide. The company is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). Find more information on the Web at http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

About Rutgers University

Established in 1766, Rutgers, The State University of New Jersey, is America's eighth oldest institution of higher learning and one of the nation's premier public research universities. Serving more than 50,000 students on campuses in Camden, Newark and New Brunswick, Rutgers offers more than 280 bachelor's, master's, doctoral and professional degree programs. The university is home to 27 degree-granting schools and colleges, and more than 150 specialized centers and institutes. For more information about the Center on Violence Against Women & Children visit http://socialwork.rutgers.edu/iff/

Verizon Wireless

CONTACT: Sheldon Jones of Verizon Wireless, +1-215-638-5668,
sheldon.jones@verizonwireless.com, or Ken Branson of Rutgers University,
+1-732-932-7084, ext. 633, kbranson@ur.rutgers.edu

Web site: http://www.verizon.com/
http://www.verizonwireless.com/hopeline
http://socialwork.rutgers.edu/iff

The Creators of Jackass Unveil the Hard Launch of JACKASSWORLD.comTelevision Delay of Utmost Importance as the Cast of Jackass Wreak Havoc in Live 'JACKASSWORLD: 24 Hour Takeover' Beginning Noon ET, Saturday February 23rd - Noon ET, Sunday February 24th

NEW YORK, Feb. 19 /PRNewswire/ -- MTV and Dickhouse Productions announced today the hard launch of JACKASSWORLD.com (http://www.jackassworld.com/), a joint venture that soft launched earlier this year. JACKASSWORLD will surely satisfy any urge you may have for seeing Johnny Knoxville getting kicked in the nuts, Bam Margera terrorizing his mom and dad, or Steve-O and Chris Pontius running rampant and nude throughout the wilderness, and also goes beyond the shows and movies to offer up a fresh new slate of absurd Web-based entertainment. And while you're there, you can join the millions of other fans in the JACKASSWORLD community who have already generated more than 2.6 million streams of jackass 2.5 in just over two months.

"What better way to celebrate the artistic and cultural merits of the Jackass crew than to develop a new site dedicated to their hilarious and cringe-inducing antics in a way that's never been done before," said Courtney Holt, Executive Vice President of Digital Music & Media for MTV Networks' Music & Logo Group. "JACKASSWORLD unites legions of jackasses worldwide in an awe-inspiring community where they can relive their favorite moments from the franchise and stumble upon original and surprising new features added daily."

To mark the hard launch of JACKASSWORLD.com, MTV is willingly, albeit apprehensively, handing over the reins of the network to the cast of Jackass for the "JACKASSWORLD: 24 Hour Takeover" -- 24 continuous hours of programming starting noon ET, Saturday, February 23rd through noon ET, Sunday, February 24th. No one really knows what exactly the Jackass cast plans on doing once it has taken over the studio, but whatever it is will be going out in a live broadcast featuring new stunts, pranks and unbridled silliness with the added benefit of sleep deprivation.

"This thing is going to be a train wreck and I can't wait to be there," said Jeff Tremaine, Executive Producer of Dickhouse Productions, while Johnny Knoxville chimed in, "Who at MTV thought this was going to be a good idea?! Haven't they ever heard the saying, 'Be careful what you wish for?' "

Tony DiSanto, EVP, Series Development and Programming, MTV, admits to being nervous. "I just heard they are bringing a 'box of stuff that sucks.' Who knows what else they will bring...I'm not going to ask, but it will definitely be can't miss TV since literally anything can and will happen."

In addition to the in-studio antics, Johnny Knoxville, working in conjunction with BMX legend Mat Hoffman and some of the best stunt riders in the world, hosts a super stunt spectacular in homage to the late, great Evel Knievel. A few of the guys who go for broke in the spirit of the world famous daredevil including Travis Pastrana, Scott Palmer, Allen Cooke, Davin "Psycho" Halford, Trigger Gumm, Jeff "Harley" Schneider, and Midget Mike.

During the 24-hour stunt, behind-the-scenes footage and highlights will be posted in real-time to the site. Viewers can also get in on all the action by submitting video questions to the Jackass cast and crew and potentially dictate what happens on-air -- all by going to JACKASSWORLD.com. You can use your mobile phone to send text messages to the cast and crew. The best of the worst will make it on-air.

David Gale, Executive Vice President of MTV's New Media division, said the early enthusiastic response to the movie has proven the model for JACKASSWORLD.com. "Fans are consuming Jackass content in ways that didn't exist when the show started," he said. "JACKASSWORLD dimensionalizes the brand for old and new fans alike and reflects our strategy of creating very deep experiences around cool content that gives fans unprecedented access to the cast and the creative process behind the show."

JACKASSWORLD.com will be the definitive place where Jackass fans can unite with each other, as well as interact with the Jackass cast and crew. Updated daily, JACKASSWORLD.com will be part-magazine/part-television network and will feature all new and original programming with the Jackass cast and others, editorial features, webisodes, loads of never-before-seen footage, articles, reviews, music, fashion, contests, nonsense and other scatological trivialities. Over time, the site will also become home to BIG BROTHER -- the magazine that celebrated absurdity within the skate culture in the '90s and ultimately gave birth to Jackass in 2000. The site will additionally feature all kinds of original merchandise and Jackass-related stuff, as well as mobile applications, games and a Jackass take on emerging new media and social networking technologies. JACKASSWORLD.com is a joint production of MTV and Dickhouse Productions.

About MTV

MTV is the dynamic, vibrant experiment at the intersection of music, creativity and youth culture. For over 26 years, MTV has evolved, challenged the norm, and detonated boundaries -- giving each new generation a creative outlet and voice that entertains, informs and unites on every platform and screen. On-air, MTV has been the number one rated 24 hour ad-supported cable network P12-24 for 16 straight years. Online, MTV.com scored double-digit growth in 2007 and MTV launched ten dynamic online communities and six new virtual worlds. On the go, MTV Mobile is the #1 music brand in the wireless space -- delivering 90% more streams than in 2006. And MTV's successful sibling networks MTV2, mtvU and MTV Tr3s each deliver unprecedented customized content, super-serving music fans, college students and young American Latinos like no one else. MTV is part of MTV Networks, a unit of Viacom , one of the world's leading creators of programming and content across all media platforms. Wanna know more? Come on in ... http://www.mtvpress.com/.

MTV

CONTACT: Jennifer DeGuzman, +1-212-258-7175,
Jennifer.deguzman@mtvstaff.com, or Matthew Hutchison, +1-212-846-8052,
matthew.hutchison@mtvstaff.com, both of MTV

Web site: http://www.jackassworld.com/
http://www.mtv.com/
http://www.mtvpress.com/

LANDesk Management Suite 8.8 Named 'Clear Choice Test' Winner From Network World MagazineLANDesk receives top honor in second consecutive review from leading publication; LANDesk recognized for delivering best all around product in systems management

SALT LAKE CITY, Feb. 19 /PRNewswire/ -- LANDesk Software, a leading provider of systems, security and process management solutions, today announced that LANDesk(R) Management Suite 8.8 has been named winner of Network World magazine's "Clear Choice Test" for client management products. This is the second consecutive review (2008, 2006) that LANDesk software has won in the prestigious "Clear Choice Test" from IDG Network's Network World.

The magazine feature article notes that, "LANDesk Management Suite delivers best all around client management performance," and that, "LANDesk gave us virtually everything we wanted in a client management product -- and more. Plus, the LANDesk Management Suite's support for diverse platforms was superb."

"This is a major recognition and we are very pleased to receive this honor," said Steve Daly, general manager for LANDesk. "This distinction recognizes our commitment to helping customers achieve bottom-line business value through a solution that offers the most advanced client management capabilities. Our solutions allow customers to effectively automate systems and security management tasks and see, manage, update and protect all their desktops, servers and mobile devices from a single console."

The magazine invited 19 vendors to submit products for testing and six vendors accepted the challenge. After the comprehensive review of each product, Network World noted that, "LANDesk Management Suite's rather comprehensive framework of desktop functions and supported client platforms earned the vendor our Clear Choice award."

LANDesk Management Suite 8.8 received high points from Network World for its intuitive user interface, which features a set of easy to use wizards that simplify potentially complex tasks such as operating system deployment and application upgrades. High points were also recorded for Management Suite 8.8's support for diverse clients such as desktops and laptops running Windows, Mac OS, HP-UX, IBM AIX, Mandrivia, Novell NetWare, Linux and Solaris, as well as support for handheld and embedded devices. Additionally, LANDesk Management Suite 8.8 received "exceptional" scores for the asset inventory, license tracking, software distribution and configuration, and administrative ease-of-use categories.

Network World Lab Alliance member, Barry Nance, conducted the testing, which assessed each product in the following areas:

-- Asset auditing and inventory management -- Operating system deployment and configuration -- Virtual machine management capabilities -- Software license monitoring -- Software distribution and patch management -- Remote control capabilities -- Mobile device management -- Network access control capabilities -- Desktop vulnerability threat analysis -- Host-based intrusion detection -- Virus detection and removal, or management ties to a third-party AV product -- Spyware detection, removal and blocking, or management ties to a third-party antispyware product -- USB Device management -- Backup and recovery features

For the full Network World Article, visit the publication's site at http://www.networkworld.com/reviews/2008/020408-client-management-test.html

About LANDesk, an Avocent Company

LANDesk Software, an Avocent company, is a leading provider of systems, security, and process management solutions for desktops, servers and mobile devices across the enterprise. LANDesk enables thousands of organizations to easily deploy and use end-to-end management solutions. LANDesk is headquartered in Salt Lake City, Utah, with offices located in the Americas, Europe and Asia, and can be found on the Web at http://www.landesk.com/ or by calling 1-800-982-2130.

Avocent delivers IT infrastructure management solutions that reduce operating costs, simplify management and increase the availability of critical, "always on" IT environments via integrated, centralized in-band and out-of-band hardware and software. Additional information is available at: http://www.avocent.com/.

Forward-Looking Statements

This press release contains statements that are forward-looking statements as defined within the U.S. Private Securities Litigation Reform Act of 1995. These include statements regarding market opportunity, product development, engineering and design activities, and product availability and operability. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made, including the risks associated with general economic conditions, risks attributable to future product demand, sales, and expenses, risks associated with product design efforts and the introduction of new products and technologies, risks associated with reliance on a limited number of component suppliers and single source components, and risk associated with obtaining and protecting intellectual property rights. Other factors that could cause operating and financial results to differ are described in Avocent's reports on Form 10-K and Form 10-Q filed with the U.S. Securities and Exchange Commission.

Copyright (C) 2008 LANDesk Software Ltd. or its affiliated companies. All rights reserved. LANDesk is either a registered trademark or trademark of LANDesk Software Ltd. or its affiliated companies in the United States and/or other countries.

LANDesk Software

CONTACT: Dan Cook of LANDesk Software, Ltd., +1-801-208-1569,
dan.cook@landesk.com

Web site: http://www.landesk.com/
http://www.avocent.com/

Tucows Launches Personal Names ServiceMAKES 'NETIDENTITY' SURNAME PORTFOLIO AVAILABLE TO ALL RESELLERS

TORONTO, Feb. 19 /PRNewswire-FirstCall/ -- Tucows Inc., a leading provider of Internet services to web hosting companies and ISPs worldwide, today announced its Personal Names Service that gives Tucows Resellers the opportunity to sell email addresses based on the Tucows-owned portfolio of surname domain names. Two-thirds of North Americans will find their name waiting for them in the Tucows Personal Names Service.

This new service gives web hosting companies and ISPs an effective way to stand out from the crowd while capitalizing on the growing trend towards personal digital identity. The Tucows Surname Portfolio consists of over 39,000 domains, and includes a suitable domain for each of the top 100 surnames in the U.S. (based on 2000 U.S. Census data).

"The launch of the Personal Names Service marks the complete integration of the surname assets we acquired with NetIdentity into our wholesale channel," said Elliot Noss, President and CEO of Tucows. "The combination of surnames and our extensive service provider network has incredible potential to be a catalyst for change in how people use domain names and email."

"Our experience is that when people look to identify themselves online they are naturally drawn towards something that matches their own name," said Adam Eisner, Product Manager, Domains, Tucows. "Our new Personal Names Service presents an exciting opportunity for service providers to offer exactly that. We believe this will be attractive to individuals as well as professionals looking to establish their personal brand for their business."

Each Personal Names Service account comes with a full Tucows Email Service account (e.g. amy@smith.net) including two gigabytes of standard storage and POP, IMAP, mobile and webmail access. It also includes a domain name (e.g. amy.smith.net) that can be tied to a website, blog or any other web service.

Tucows Personal Names Service is a natural complement to the Tucows Email Service and the Tucows Domains Service, which provides a total reseller domains package that includes all of the generic top-level domains (gTLDs) along with a wide selection of the most popular Country Code Top-level Domains (ccTLDs), free WHOIS Privacy, Managed DNS, Domain Parking Programs, a powerful name suggestion tool and the ability to sell Premium Domain names from the domains aftermarket.

For more information about the Tucows Personal Names Service, please visit: http://services.tucows.com/services/personalnames/

About Tucows

Tucows provides Internet services for hosting companies and ISPs. Through our global network of over 9,000 service providers we provide millions of email boxes and manage over eight million domains. Tucows is an accredited registrar with ICANN (the Internet Corporation for Assigned Names and Numbers). Tucows.com remains one of the most popular software download sites on the Internet. For more information please visit: http://about.tucows.com/.

Tucows Inc.

CONTACT: Leona Hobbs, Director, Communications, Tucows, (416) 538-5450,
lhobbs@tucows.com

American Software's Board Approves the Quarterly Cash Dividend

ATLANTA, Feb. 19 /PRNewswire-FirstCall/ -- American Software, Inc. today announced that its Board of Directors has approved the Company's quarterly dividend of $0.09 per share. The Company's regular quarterly cash dividend of $0.09 per share of American Software common stock is payable on May 30, 2008 to shareholders of record at the close of business on May 16, 2008.

About American Software, Inc.

Headquartered in Atlanta, American Software develops, markets and supports one of the industry's most comprehensive offerings of integrated business applications, including supply chain management, Internet commerce, financial, warehouse management and manufacturing packages. e-Intelliprise(TM) is an ERP/supply chain management suite, which leverages Internet connectivity and includes multiple manufacturing methodologies. American Software owns 87% of Logility, Inc. , a leading provider of collaborative supply chain solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. Logility is proud to serve such customers as Avery Dennison Corporation, BP (British Petroleum), Hyundai Motor America, Leviton Manufacturing Company, McCain Foods, Pernod- Ricard, Sigma Aldrich and Under Armour Performance Apparel. New Generation Computing Inc. (NGC), a wholly owned subsidiary of American Software, is a global software company that has 25 years of experience developing and marketing business applications for apparel manufacturers, brand managers, retailers and importers. Headquartered in Miami, NGC's worldwide customers include Dick's Sporting Goods, Wilsons Leather, Kellwood, Hugo Boss, Russell Corp., Ralph Lauren Childrenswear, Haggar Clothing Company, Maidenform, William Carter and VF Corporation. For more information on the Company, contact: American Software, 470 East Paces Ferry Rd., Atlanta, GA 30305; (800) 726-2946 or (404) 261-4381. FAX: (404)264-5206.

INTERNET: http://www.amsoftware.com/ or e-mail: ask@amsoftware.com . Forward-Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, changes in general economic conditions, technology and the market for the Company's products and services, including economic conditions within the e-commerce markets; the timely availability and market acceptance of these products and services; the Company's ability to satisfy in a timely manner all SEC required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; the challenges and risks associated with integration of acquired product lines and companies; the effect of competitive products and pricing; the uncertainty of the viability and effectiveness of strategic alliances; and the irregular pattern of the Company's revenues. For further information about risks the Company could experience as well as other information, please refer to the Company's Form 10-K for the year ended April 30, 2007 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information, contact: Vincent C. Klinges, Chief Financial Officer, American Software, Inc., (404) 264-5477 or fax: (404) 237-8868.

e-Intelliprise is a trademark of American Software, Logility is a registered trademark and Logility Voyager Solutions is a trademark of Logility, Demand Solutions is a registered trademark of Demand Management, and REDHORSE is a trademark of New Generation Computing. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

American Software, Inc.

CONTACT: Vincent C. Klinges, Chief Financial Officer of American
Software, Inc., +1-404-264-5477

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

Company News On-Call: http://www.prnewswire.com/comp/048263.html

Media Advisory - Sierra Wireless to present at CIBC World Markets 2008 Whistler Institutional Investor Conference

VANCOUVER, Feb. 19 /PRNewswire-FirstCall/ -- Sierra Wireless today announced the company's participation in the CIBC World Markets 2008 Whistler Institutional Investor Conference, to be held February 20 to 23 in Whistler, British Columbia, Canada.

David McLennan, Chief Financial Officer for Sierra Wireless, will be presenting on Friday, February 22, at 9:10 AM Pacific time.

The presentation will be available live by audiocast over the Internet at http://events.startcast.com/events/118/whistler2008/. The archived audiocast will remain available at the above link for 90 days following the presentation.

About Sierra Wireless

Sierra Wireless modems and software connect people and systems to mobile broadband networks around the world. The Company offers a diverse product portfolio addressing enterprise, consumer, original equipment manufacturer, specialized vertical industry, and machine-to-machine markets, and provides professional services to customers requiring expertise in wireless design, integration, and carrier certification. For more information about Sierra Wireless, visit http://www.sierrawireless.com/.

CONTACT: Sharlene Myers, Sierra Wireless, Phone: (604) 232-1445, Email: smyers@sierrawireless.com

Sierra Wireless, Inc.

CONTACT: Sharlene Myers, Sierra Wireless, Phone: (604) 232-1445, Email:
smyers@sierrawireless.com

/C O R R E C T I O N -- Wachovia/

In the news release, Mario Lopez Waltzes into Los Angeles to Promote Wachovia's Way2Save(sm), issued earlier today by Wachovia over PR Newswire, we are advised by a representative of the company that the Downlink Frequency under the Satellite Coordinates section was incorrect. It should read "Downlink Freq: 12,022.00 Vertical" rather than "Downlink Freq: 12,044.50 Vertical" as originally issued inadvertently.

Wachovia

MSA Recognized as Leader in Business Ethics Company Honored for Commitment to Ethical Practices

PITTSBURGH, Feb. 19 /PRNewswire-FirstCall/ -- MSA today announced it has received the prestigious 2007 Pittsburgh Business Ethics Award from the Pittsburgh chapter of the Society of Financial Service Professionals and the University of Pittsburgh's David Berg Center for Ethics and Leadership.

In receiving this award, MSA was recognized for demonstrating an outstanding commitment to business ethics, providing clear ethical standards and leadership to employees, and sustaining a high level of community and charitable involvement.

"MSA's unique heritage and culture are based on the passion of the company's founders to protect those working in hazardous conditions," said John T. Ryan III, MSA Chairman and CEO. "Long before text books or news reports discussed business ethics, my grandfather and George Deike, and my father and Gene Merry displayed integrity in their actions everyday, and their associates and successors followed their lead."

"It's easy to do the right thing when the right thing is easy to do," continued Mr. Ryan. "But when doing the ethical thing comes at a cost, then the truly ethical organizations and people shine. This award is a testament to the efforts of all MSA employees, who go about their daily affairs with the utmost integrity and commitment to our core values."

Honoring companies in three categories - small (less than 250 employees), mid-size (250 - 2,500 employees), and large (2,500+ employees) - the Pittsburgh Business Ethics Awards Program is now in its seventh year and recognizes local organizations for their commitment to ethical practices in everyday operations, philosophies and response to crises and challenges. MSA received the award in the large company category. Other finalists in the category were H.J. Heinz Co. and Westinghouse Electric, LLC.

John T. Ryan III, along with William M. Lambert, MSA President and COO and Douglas K. McClaine, MSA Vice President, Secretary and General Counsel, accepted the award on MSA's behalf on February 15, 2008 at a special luncheon and ceremony at the Omni William Penn Hotel in Pittsburgh. MSA is now eligible to compete nationally for the American Business Ethics Award.

Other 2007 recipients were Bombardier Transportation Holdings USA and Henne Jewelers.

Established in 1914, MSA is a global leader in the development, manufacture and supply of sophisticated safety products that protect people's health and safety. Sophisticated safety products typically integrate any combination of electronics, mechanical systems and advanced materials to protect users against hazardous or life-threatening situations. The company's comprehensive line of products is used by workers around the world in the fire service, homeland security, construction and other industries, as well as the military. Principal products include self-contained breathing apparatus, gas masks, gas detection instruments, head protection, respirators and thermal imaging cameras. The company also provides a broad range of consumer and contractor safety products through retail channels. These products are marketed and sold under the MSA Safety Works brand. MSA has annual sales of approximately $1 billion, manufacturing operations throughout the United States and Europe, and more than 40 international locations. Additional information is available on the company's Web site at http://www.msanet.com/.

MSA

CONTACT: Mark Deasy of MSA, +1-412-967-3357

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

Air Products Announces Executive Moves

LEHIGH VALLEY, Pa., Feb. 19 /PRNewswire-FirstCall/ -- Air Products has made the following executive moves:

Deborah A. McCullough has been named vice president, Global Engineering, effective April 2008. She will have overall responsibility for the company's engineering and equipment manufacturing organizations worldwide. McCullough joined Air Products in 1979 as a participant in the company's Career Development Program. She held project and design engineering management positions in the company's Process Systems and Engineering organizations from 1981-1994 followed by various engineering management positions supporting a range of businesses. In 2001 McCullough was named general manager for Gardner Cryogenics -- an Air Products unit that manufactures industrial gas distribution and storage equipment. She was named director, Global Operations Asset Management Engineering in 2005 and global hydrogen product supply team manager in 2007. McCullough received a B.S. degree in chemical engineering from Bucknell University and an M.B.A. from Lehigh University. She succeeds Bob Conley, who will retire in May.

Norma J. Curby has been appointed vice president, Strategic Planning, responsible for Air Products' strategic planning, corporate economics and venture investments. Curby joined Air Products in 2001 as vice president, Global Customer Engagement, where she implemented a one company e-commerce customer service organization, as well as managed the company's interface with its customers and captured their loyalty by creating a voice of the customer work process. Prior to joining Air Products, Curby was employed by Monsanto from 1973 to 1996 where she held several market and product management positions before she was named vice president and general manager of phosphorous and derivatives. Curby was part of the leadership team that established Solutia, Inc., the chemical company spin-off from Monsanto. At Solutia, Curby served as vice president and general manager of phosphorous and derivatives and also vice president, joint ventures. Curby holds a B.S. in civil engineering and an M.S. in engineering management from the University of Missouri at Rolla.

Joseph M. Pietrantonio has been appointed vice president, Global Operations, succeeding Geoff Wyatt, who retired in January. Pietrantonio is responsible for the worldwide leadership and management of Air Products' gases, chemicals and electronics manufacturing operations. Pietrantonio joined Air Products in 1982 as a participant in the company's Career Development Program. His early career was spent in engineering and product development positions. During his career, Pietrantonio has held business management positions, including sales roles for Asia and management of the North American tonnage onsites business. In 2002 Pietrantonio moved to Europe as manager of European engineering and equipment manufacturing, and subsequently was appointed vice president, Global Engineering-Europe. He returned to the U.S. in 2004 as vice president, Global Operations-Americas. Pietrantonio graduated from Lehigh University with B.S. and M.S. degrees in chemical engineering and is a graduate of Stanford's SEP program. He holds two U.S. patents.

Air Products serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of $10 billion, operations in over 40 countries, and 22,000 employees around the globe. For more information, visit http://www.airproducts.com/.

***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

EDITOR'S NOTE: You can view biographies and download photos of Pietrantonio, Curby and McCullough by visiting Air Products' online Press Room at http://www.airproducts.com/PressRoom/Biographies/ExecutiveBiographies.htm.

Air Products

CONTACT: Media Inquiries: Debbie Bauer, +1-610-481-8061,
bauerda@airproducts.com, or Investor Inquiries: Nelson Squires,
+1-610-481-7461, squirenj@airproducts.com, both of Air Products

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

PrimeVest Changes Bank Annuity Processing with Introduction of AnnuityNet

ST. CLOUD, Minn., Feb. 19 /PRNewswire-FirstCall/ -- PrimeVest Financial Services, one of the United States' largest broker-dealers exclusively serving financial institutions, has introduced an integrated online annuity processing system that will greatly improve efficiency, accuracy and flexibility for representatives and supervisors within financial institutions. AnnuityNet aims to save time and accelerate the issuance of annuities.

"AnnuityNet's simplicity and integration will make it easier for our reps to serve their customers. It shaves days off the application process while also giving financial professionals and supervisors the confidence of enhanced application accuracy and easy compliance reporting," said PrimeVest President Catherine Bonneau. "It will literally change the way our industry handles annuity business."

Fully integrated with the PrimeVest technology platform, ING SmartWorks, AnnuityNet streamlines annuity processing from application to contract confirmation. Forms will be pre-populated with client information, applications will receive suitability pre-approval electronically, inaccurate applications will be drastically reduced by PrimeVest's immediate-assurance technology, and full histories will be captured for easy future access. The entire process is an extension of existing process, eliminating the need for financial professionals to learn new procedures.

"AnnuityNet is faster, easier, more accurate and compliance-friendly -- it's revolutionary," said Bonneau. "Working exclusively with financial institutions has really given us a unique perspective of their needs and this system reflects that. It not only overcomes the challenges of traditional annuity processing, it delivers innovations that will set the standard for future annuity processing."

The core AnnuityNet functionality is currently available at all PrimeVest- managed investment programs in the U.S. The pre-review capability, which will address the coming regulatory requirements of FINRA rule 2821, will launch prior to the regulation taking effect in August of 2008.

About PrimeVest

PrimeVest Financial Services is a self-clearing broker-dealer serving the clients of nearly 600 financial institutions in 50 states and Guam. PrimeVest makes it easier for financial institutions to succeed by delivering innovative investment and insurance solutions, comprehensive support and a flexible program structure. One of the broker-dealers of ING, PrimeVest is a shareholder of the Chicago Stock Exchange, and a member of the Depository Trust and Clearing Corporation (DTCC), the Securities Investors Protection Corporation (SIPC), and Financial Industry Regulatory Authority (FINRA).

About ING

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of over 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

In the U.S., the ING family of companies offer a comprehensive array of financial services to retail and institutional clients, which includes life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves over 14 million customers across the nation. For more information, visit http://www.ing.com/.

PrimeVest Financial Services

CONTACT: Per Berger of PrimeVest, +1-800-245-0467, ext. 63165,
Per-Johan.Berger@us.ing.com

Web site: http://www.ing.com/us

Northrop Grumman Increases International Sales in Remote Control Vehicles in Asia Region

LONDON, February 19 /PRNewswire/ --

Northrop Grumman Corporation (NYSE: NOC) continues to grow its international business in remote control vehicles for explosive ordnance disposal (EOD) with recent sales of its Revolution vehicles across the Asia and Asia Pacific regions.

A photo accompanying this release is available at: http://media.primezone.com/noc/

Northrop Grumman designs, engineers and manufactures a range of remote control EOD vehicles through its subsidiary, Remotec, and has provided Revolution vehicles to armies throughout the region including in Singapore, Nepal and New Zealand and in one of the largest orders received to date, a fleet of 43 Revolution vehicles to the Indian Ministry of Defence. The company's Andros mid-sized remote control vehicle has been selected as the vehicle of choice for ensuring security at the 2008 Beijing Olympics and has been provided to Korea and Taiwan.

"These recent international successes are the result of practical experience gained over three decades and demonstrates that Northrop Grumman vehicles are the equipment of choice in the international EOD market," said Wendy McGowan, UK managing director for Northrop Grumman Remotec.

The Revolution vehicles are part of a range of bomb disposal robots manufactured by the company and sold throughout the world. The Revolution vehicle has a 360 degree continuous turret, extended manipulator arm reach of 3.5m and a lift capacity of up to 150kg. It can be used for EOD, surveillance and border control applications.

Northrop Grumman's Remotec business is based in Coventry, UK, and Clinton, Tenn., US and is an industry leader in developing and manufacturing hazardous-duty robotic systems for police, military and industrial applications worldwide.

Northrop Grumman Corporation is a US$32 billion global defence and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.

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

Northrop Grumman Corporation

Ken Beedle of Northrop Grumman Corporation (London), +44-207-747-1910, cell, +44-7787-174092, Ken.beedle@euro.ngc.com

UK Insurance Company Invests Over CAD$1.2 million In Xenos Integrated Document Solution(TM)Xenos' Customer Correspondence And Data Translation Solution Enables Multi-Channel Delivery Of Business Critical Documents

TORONTO, Feb. 19 /PRNewswire-FirstCall/ -- Xenos Group Inc. (TSX: XNS) today announced that it has won a major contract with a UK insurance company, worth in excess of CAD$1.2 million (GBP 650,000). The company will roll out the Xenos Integrated Document Solution(TM) (IDS(TM)), which comprises Xenos terminalONE(TM) data translation and transportation software integrated with Document Sciences' xPression(R) suite for document composition and customer correspondence, in Q2 2008. Xenos revenue recognition for this transaction will be spread out over the first three quarters of its current fiscal year.

The implementation of xPression and terminalONE software replaces the cumbersome and costly systems currently used by the insurance company to create, format, produce and print business critical documents, such as statements, policy schedules, insurance certificates and customer correspondence.

Managing Director of Xenos Europe Ltd., Jeff Mills comments, "Xenos terminalONE will enable the company to take document requests from their existing systems, translate and transform proprietary data formats into XML files and handle multi-channel delivery, including bulk printing and archiving."

By the end of 2008 the Xenos IDS solution will be seamlessly integrated with the company's business systems, providing complete control of the entire document management process.

About Xenos

Xenos (TSX:XNS) high-performance software solutions streamline enterprise information supply chains. We enable our customers to process, transform, repurpose, personalize and deliver their data and documents when they need it, where they need it and how they need it. Xenos extends the value of existing IT investments, enabling organizations to increase efficiency, agility and accountability.

By streamlining, standardizing and automating the handling of information on demand, our customers reduce costs while increasing a powerful competitive advantage-adaptability. Xenos has customers worldwide in financial services, insurance, healthcare, telecommunications, manufacturing, logistics, transportation, retail and government sectors. Xenos sells and supports its solutions directly from offices in Canada, the United States, the United Kingdom and France and through a global partner network. For more information, visit http://www.xenos.com/

Xenos Group Inc.

CONTACT: Editorial Contact: Graham Barker, Xenos Group Inc., (905)
763-5103, gbarker@xenos.com; Investor Relations Contact: Cory Pala, Xenos
Group Inc., (416) 657-2400, cpala@xenos.com

Preformed Line Products Announces Quarterly Dividend

MAYFIELD VILLAGE, Ohio, Feb. 19 /PRNewswire-FirstCall/ -- The Board of Directors of Preformed Line Products on February 19, 2008 declared a regular quarterly dividend in the amount of $.20 per share on the Company's common shares, payable April 18, 2008 to shareholders of record at the close of business on April 1, 2008.

Preformed's world headquarters are in Mayfield Village, Ohio, and the Company operates four domestic manufacturing centers, located in Rogers, Arkansas, Albuquerque, New Mexico, Albemarle, North Carolina, and Asheville, North Carolina. The Company serves its worldwide market through international operations in Australia, Brazil, Canada, China, England, Mexico, New Zealand, Poland, South Africa, Spain and Thailand.

Preformed Line Products

CONTACT: Eric R. Graef of Preformed Line Products,
+1-440-473-9249

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

Agilysys Acquires Eatec Corporation- Eatec is a leading provider of inventory and procurement software for the hospitality and foodservice industries- Further differentiates Agilysys as leading developer and marketer of inventory and procurement software- Expands Agilysys' integrated end-to-end open solutions and enhances Agilysys' leadership position in the hospitality and foodservice industries

BOCA RATON, Fla., Feb. 19 /PRNewswire-FirstCall/ -- Agilysys, Inc. , a leading provider of innovative IT and hospitality software solutions, today announced it has acquired Eatec Corporation, a privately held developer and marketer of inventory and procurement software with U.S. headquarters in Emeryville, Calif.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030915/AGLSLOGO )

Eatec's software, EatecNetX, is a recognized leading, open architecture- based, inventory and procurement management system. It provides customers with the data and information necessary to increase sales, reduce product costs, improve back-office productivity and increase profitability. Eatec customers include well-known restaurants, hotels, stadiums and entertainment venues in North America and around the world as well as many public service institutions.

EatecNetX's core functions include purchasing, inventory, recipe, forecasting, production and sales analysis. Additionally, the solution offers catering, restaurant, concessions, manufacturing, retail/merchandising and airline catering modules in one integrated solution.

"This acquisition further enhances our position as a leading inventory and procurement solution provider to the hospitality and foodservice markets," said Arthur Rhein, chairman, president and chief executive officer of Agilysys. "Similar to our previous acquisitions of Visual One Systems and InfoGenesis, the Eatec acquisition complements and expands our offerings, allowing us to better serve our customers."

In addition to being a stand-alone software application, EatecNetX will be interfaced with Agilysys' point-of-sale offerings to create a complete end-to- end solution for customers in the foodservice industry.

Agilysys hospitality solution offerings are among the most comprehensive in the market, with solutions to cover the hospitality industry's information technology needs. Agilysys hospitality solutions include property management, inventory procurement, point-of-sale, golf management, club management, condo accounting, spa, sales and catering, dining reservations, business analytics and document management.

The purchase price of $23.2 million, net of cash, will be funded with cash on hand. Eatec has revenues of approximately $8 million and EBITDA margins in excess of 20%.

Forward-Looking Language

Portions of this release, particularly the statements made by management and those that are not historical facts, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current assumptions and expectations, and are subject to risks and uncertainties, many of which are beyond the control of Agilysys. Many factors could cause Agilysys actual results to differ materially from those anticipated by the forward- looking statements. These factors include those referenced in the Annual Report on Form 10-K or as may be described from time to time in Agilysys subsequent Securities and Exchange Commission (SEC) filings.

Potential factors that could cause actual results to differ materially from those expressed or implied by such statements include, but are not limited to, those relating to Agilysys long-term financial goals, anticipated revenue gains, sales volume, margin improvements, cost savings, capital expenditures, depreciation and amortization, and new product introductions.

Other associated risks include geographic factors, political and economic risks, the actions of Agilysys competitors, changes in economic or industry conditions or in the markets served by Agilysys, and the ability to appropriately integrate and derive performance from acquisitions, strategic alliances, and joint ventures.

In addition, this release contains time-sensitive information and reflects management's best analysis only as of the date of this release. Agilysys does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Information on the potential factors that could affect Agilysys actual results of operations is included in its filings with the SEC, including, but not limited to, its Annual Report on Form 10-K for the fiscal year ended March 31, 2007. Interested persons can obtain it free at the SEC's website, http://www.sec.gov/.

About Eatec Corporation

Eatec Corporation is a leading provider of enterprise back-office software and services for the foodservice and hospitality industries. EatecNetX, Eatec's proven software solution, is recognized as a state-of-the-art foodservice management system that is centralized, scalable, web-centric and user-friendly for food and beverage operators of every variety. EatecNetX helps companies reduce costs and improve operational efficiencies, resulting in a quick return on investment. Eatec clients include restaurant chains, hotels, resorts, casinos, stadiums and arenas, convention centers, universities, schools K-12, theme parks, airline caterers and supermarket foodservice.

About Agilysys, Inc.

Agilysys is a leading provider of innovative IT solutions to corporate and public-sector customers, with special expertise in select markets, including retail and hospitality. The company uses technology -- including hardware, software and services -- to help customers resolve their most complicated IT needs. The company possesses expertise in enterprise architecture and high availability, infrastructure optimization, storage and resource management, identity management and business continuity; and provides industry-specific software, services and expertise to the retail and hospitality markets. Headquartered in Boca Raton, Fla., Agilysys operates extensively throughout North America, with additional sales offices in the United Kingdom and China. For more information, visit http://www.agilysys.com/.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030915/AGLSLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Agilysys, Inc.

CONTACT: Martin Ellis, Executive Vice President, Treasurer and Chief
Financial Officer of Agilysys, Inc., +1-561-999-8780,
martin.ellis@agilysys.com

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

SpectraScience Strengthens Leadership Team With Four Key Hires

SAN DIEGO, Feb. 19 /PRNewswire-FirstCall/ -- SpectraScience, Inc. (BULLETIN BOARD: SCIE) , a San Diego based medical device company, today announced that it has hired several individuals to drive its operational growth as it moves from an R&D focus towards a revenue generating business model in 2008:

-- Todd Pinkowski - Director of Operations of WavSTAT(TM) -- Michael Brady - Director of Engineering -- Charles Negus - Director of Operations of LUMA(TM) -- Glen Freiburg - Vice President of Regulatory Affairs to oversee the Company's regulatory progress in bringing new products to market

Jim Hitchin, SpectraScience's CEO, stated, "The addition of these senior members to our team is critical in our go-to-market strategy for 2008. We expect to ramp-up operations this year and have recently expanded our facilities to accommodate increased production. With these new team members, we expect to strengthen our business model and drive sales. These new leaders are part of our continuing evolution to become a major player in the burgeoning market for early disease detection and point of care diagnostics."

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties that may cause SpectraScience's actual results to differ materially from results discussed in forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by SpectraScience in this news release, its most recent Form 10-KSB and in SpectraScience's other reports filed with the Securities and Exchange Commission ("SEC") that attempt to advise interested parties of the risks and factors that may affect SpectraScience's business. These forward-looking statements are qualified in their entirety by the cautions and risk factors filed by SpectraScience in its annual report on Form 10-KSB and other documents.

About SpectraScience, Inc.

SpectraScience is a San Diego based medical device company that designs, develops, manufactures and markets spectrophotometry systems capable of determining whether tissue is normal, pre-cancerous or cancerous without physically removing tissue from the body. The WavSTAT(TM) Optical Biopsy System uses light to optically scan tissue and provides the physician with an immediate analysis. With FDA clearance for sale in the U.S. and the CE Mark for the European Union, the WavSTAT(TM) system is the first commercially available product that incorporates this innovative technology for clinical use. The Company's LUMA(TM) imaging technology has received FDA approval for an optical non-invasive system that is proven to more effectively detect cervical cancer precursors than conventional methods available in the market today.

Contact: SpectraScience, Inc. Jim Hitchin, Chief Executive Officer (858) 847-0200 x201 http://www.spectrascience.com/ Hayden Communications Investor Relations - Todd Pitcher (858) 518-1387

SpectraScience, Inc.

CONTACT: Jim Hitchin, Chief Executive Officer of SpectraScience, Inc.,
+1-858-847-0200, ext. 201; or investor relations, Todd Pitcher of Hayden
Communications, +1-858-518-1387, for SpectraScience, Inc.

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

CIBER Completes Lawson Implementation for City of High Point, North Carolina

HIGH POINT, N.C., Feb. 19 /PRNewswire-FirstCall/ -- CIBER, Inc. has completed -- on time and on budget -- a project to implement multiple enterprise software suites from Lawson Software for the City of High Point, N.C. The solutions replace an older, custom-built suite of applications the city had been using for all of its financial, procurement, human resources, and payroll activities. The City of High Point implemented Lawson System Foundation along with the Lawson S3 Human Capital Management, Enterprise Financial Management and Supply Chain Management suites. The solutions will help the city realize significant cost savings over the labor and financial resources required to operate and maintain the old system.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010927/CBRLOGO)

"We needed a centralized, automated system in which information could be easily accessed and shared," said Pat Pate, Assistant City Manager and executive committee chairman for the City of High Point. "We believed that Lawson provided the best functionality for our long-term needs along with tools and best practices that could help us drive business process improvements."

The City's legacy system could only be supported by a limited number of internal IT staff and did not provide the latest advancements in technology. In addition, the previous applications did not easily share data. As a result, data had to be manually entered into multiple applications, and obtaining reports was time-consuming.

CIBER provided project managers and technical consultants to implement the solutions. During the second phase of the implementation, all applications were upgraded to the most current versions. The new system includes Lawson Employee and Manager Self-Service, which helps enable employees to take ownership of personal information and provides managers access to key data about direct reports.

In addition, CIBER integrated the Lawson payroll system with a new, third party scheduling and time-keeping system created by CyberShift, a maker of workforce management and mobile workforce solutions. The CyberShift system accommodates the complex scheduling and time entry needs required by the city's various departments, such as police, fire, water and wastewater.

CIBER also implemented MHC Document Express, which automates check printing, as well as Business Software, Inc. (BSI) TaxFactory v8.0 and BSI Tax Locator, which automate tax activities.

The new system enables the City to improve its financial analysis and reporting capabilities; simplify the purchasing, human resources, and payroll processes; and benefit from a more robust scheduling and time-keeping system.

"Overall, we are very pleased with the new system. Departments are finding opportunities to use the system in new ways to help with financial and human resource management. Many processes have been automated and many tasks, such as the annual audit, were done in significantly less time with a reduced reliance on paper processes," said Pate. "Most importantly, we were impressed with how well our partnership on the project produced significant results. CIBER quickly learned our business processes and worked with our key staff members to implement the system with the features we needed. This project was also completed on a tight timeline, and within budget."

"This project is an important success for our strategic partnership and local government solutions with Lawson," said Paul Robson, Vice President of CIBER's Lawson Practice. "The City decided to move to a consolidated Lawson system after an extensive evaluation of its IT systems -- including communications, customer service, technology, training services and future administrative needs -- with the Government Finance Officers Association (GFOA). CIBER is proud to have been selected for the project, and we're confident our on-time, on-budget solution will provide enduring value, flexibility, and cost savings for years to come."

The City of High Point is home to more than 96,000 residents and employs more than 1,400 employees at its 70 operating locations.

About CIBER Enterprise Solutions

As a division of CIBER, Inc. , CIBER Enterprise Solutions offers enterprise and e-business application implementation and integration consulting services for top-tier software applications in the enterprise resource planning (ERP), customer relationship management (CRM), supply chain and e-business areas. CIBER Enterprise Solutions' business and technical expertise spans 20 years of providing solutions to companies across all industries. CIBER is a pure-play international system integration consultancy with superior value-priced services and reliable delivery for both private and government sector clients. CIBER's services are offered globally on a project- or strategic-staffing basis, in both custom and enterprise resource planning (ERP) package environments, and across all technology platforms, operating systems and infrastructures. Founded in 1974 and headquartered in Greenwood Village, Colo., CIBER now serves client businesses from over 60 U.S. offices, 25 European offices and seven offices in Asia/Pacific. Operating in 18 countries, with more than 8,000 employees and annual revenue over $1 billion, CIBER and its IT specialists continuously build and upgrade clients' systems to "competitive advantage status." CIBER is included in the Russell 2000 Index and the S&P Small Cap 600 Index. CIBER, ALWAYS ABLE. http://www.ciber.com/

Forward-Looking and Cautionary Statements

Statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the company's filings with the Securities and Exchange Commission. CIBER undertakes neither intention nor obligation to publicly update or revise any forward-looking statements. CIBER and the CIBER logo are trademarks or registered trademarks of CIBER, Inc. Copyright(C) 2008.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010927/CBRLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com CIBER, Inc.

CONTACT: Diane Stoner, Media Relations, +1-303-220-0100,
dstoner@ciber.com, or Jennifer Matuschek, Investor Relations, +1-303-220-0100,
jmatuschek@ciber.com, both of CIBER, Inc.

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

AT&T To Launch Unlimited U.S. Calling Plan$99.99 Plan Available Feb. 22 for New and Existing Customers

SAN ANTONIO, Feb. 19 /PRNewswire-FirstCall/ -- AT&T Inc. announced today new unlimited voice plans targeted to wireless users who want the predictability of flat rate pricing for unlimited minutes. The plans will be available to new and existing wireless subscribers for $99.99 a month for unlimited U.S. calling on all devices with no domestic roaming or long distance charges. The plans can be combined with any current wireless data plan to give customers the ultimate in wireless freedom.

The new plans, available Feb. 22, can be ordered at one of AT&T's 2,200 company-owned retail stores and kiosks, at http://www.att.com/, or at one of the thousands of authorized AT&T retail locations. Existing customers can choose unlimited calling without extending their contract. New customers have the option of a month-to-month, 12 or 24 month contract.

As with other voice calling plans, AT&T customers can choose from a variety of data and messaging plans to meet their needs. For example, customers with standard wireless phones* can choose a data plan such as $5 for 200 text, picture, video and instant messages or $35 for unlimited messaging and MEdia Net access.

"We are pleased to offer our customers these great new plans that deliver value and simplified pricing," said Ralph de la Vega, president & CEO, AT&T Mobility. "This is a highly competitive market and we're committed to moving fast to meet customer needs."

AT&T customers benefit from the nation's largest digital voice and data network, with 3G broadband available in more than 260 major metropolitan markets. The company recently announced plans to expand its 3G network to 350 markets, including all of the top 100.

For the complete array of AT&T offerings, visit http://www.att.com/ * Standard wireless phones do not include smartphones or PDAs or the iPhone.

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

About AT&T

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

(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other AT&T marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners. For more information and detailed disclaimer information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.

AT&T Inc.

CONTACT: Mark Siegel of AT&T Inc., +1-404-236-6312, mark.siegel@att.com

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

Preformed Line Products Elects Two New Directors; Regains Compliance

MAYFIELD VILLAGE, Ohio, Feb. 19 /PRNewswire-FirstCall/ -- Preformed Line Products Company (the "Company") announced today the election of R. Steven Kestner and Michael E. Gibbons to the Company's Board of Directors, bringing the total number to eight directors. With the addition of Mr. Kestner and Mr. Gibbons to the Board, the Company regained compliance with Nasdaq Marketplace Rule 4350(c)(1), which requires a majority of the directors be independent. The election of Mr. Kestner and Mr. Gibbons was by the Board of Directors to fill two vacancies on the Board. In accordance with the Company's Code of Regulations, they will hold office until this year's annual meeting of shareholders. Both Mr. Kestner and Mr. Gibbons are expected to be nominees for election to the Board by the shareholders at the annual meeting.

Previously, on February 6, 2008 the Company disclosed in a Form 8-K that the Company had notified the Nasdaq on January 31, 2008 that the Company was not in compliance with Rule 4350(c)(1) as a result of the death on January 30, 2008 of John D. Drinko, an independent director.

Mr. Kestner is Executive Partner and Senior Managing Director of Baker & Hostetler, LLP, and has been an attorney with the firm since 1979. Mr. Kestner serves on the Board of Trustees for The Cleveland Museum of Art, the Board of Regents for St. Ignatius High School and the Board of Directors for the Greater Cleveland Partnership. Baker & Hostetler, LLP serves as the Company's general outside legal counsel.

Mr. Gibbons is the founder of Brown Gibbons Lang & Company, and is also the chairman of Global M&A. Mr. Gibbons serves as Chairman and is a member of the executive committee for Global M&A, Dusseldorf, Germany; on the board of directors, audit committee and chairman of the finance and planning committee for Associated Estates Realty Corporation, Richmond Heights, Ohio; on the board of trustees and executive committee and Vice Chairman for Greater Cleveland Sports Commission, Cleveland, Ohio; on the board of trustees for Ohio Israeli Chamber of Commerce, Cleveland, Ohio; and on the visiting committee for Case Western Reserve University Weatherhead School of Management, Cleveland, Ohio.

Robert G. Ruhlman, Chairman, President and Chief Executive Officer, said that "We are honored to have Steve and Mike join our Board. These appointments increase the number of independent directors to five, and reflect our ongoing commitment to maintaining high standards of corporate governance and improving the Board's expertise."

Founded in 1947, Preformed Line Products is an international designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for energy, communications and broadband network companies. Headquartered in Cleveland, Ohio, the Company operates four domestic manufacturing centers, located in Rogers, Arkansas, Albuquerque, New Mexico, Albemarle, North Carolina and Asheville, North Carolina. PLP serves worldwide markets through international operations in Australia, Brazil, Canada, China, England, Mexico, New Zealand, Poland, South Africa, Spain and Thailand.

This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding the Company, including those statements regarding the Company's and management's beliefs and expectations concerning the Company's future performance or anticipated financial results, among others. Except for historical information, the matters discussed in this release are forward-looking statements that involve risks and uncertainties which may cause results to differ materially from those set forth in those statements. Among other things, factors that could cause actual results to differ materially from those expressed in such forward-looking statements include the strength of the economy and demand for the Company's products, increases in raw material prices, the Company's ability to identify, complete and integrate acquisitions for profitable growth, and other factors described under the heading "Forward-Looking Statements" in the Company's Form 10-K filed with the SEC on March 15, 2007. The Form 10-K and the Company's other filings with the SEC can be found on the SEC's website at http://www.sec.gov/. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Preformed Line Products Company

CONTACT: Eric R. Graef of Preformed Line Products Company,
+1-440-473-9249, or Fax, +1-440-443-9319, egraef@preformed.com

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

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