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Companies news of 2008-02-21 (page 1)

  • MSC.Software's Enterprise Simulation Solutions Enters Agreement With the Boeing CompanyNew...
  • Investools Reports Record 2007 Financial ResultsOnline Brokerage and Investor Education...
  • MSC.Software Reports Financial Results for the Fourth Quarter and Year Ended December 31,...
  • Arbinet Schedules Fourth Quarter 2007 Results Conference Call
  • Ditech Networks Reports Q3 FY08 Financial Results
  • SAIC Awarded $28M Contract to Support Universal Service Administrative CompanyCompany to...
  • Tamworth and Madison, New Hampshire Residents to Benefit from Verizon Wireless Network...
  • Salesforce.com Chairman and CEO to Deliver Keynote Presentation at Pacific Crest On-Demand...
  • Danaher Announces Quarterly Dividend
  • Sunapee, New Hampshire Residents To Benefit From Verizon Wireless Network...
  • Shout Postcard Now Available on Facebook's(C) Web Social Network of Over 65 Million...
  • Diamond Management & Technology Consultants, Inc. to Present at Upcoming Investor...
  • Perot Systems to Present at the Credit Suisse 10th Annual Global Services Conference
  • NASA and Northrop Grumman Partner to 'Measure The Immeasurable' in Climate Change and...
  • TDS and U.S. Cellular to Present at Merrill Lynch Communications Services Forum 2008
  • SureWest Communications Appoints Ken Johnson Vice President and General Manager of...
  • /C O R R E C T I O N -- comScore, Inc./In the news release, "comScore, Inc. (Nasdaq: SCOR)...
  • RT Logic Announces Powerful Low-Cost Modular Signal Processor for Satellite...
  • PacificNet Octavian Receives Euro 1.76 million Electronic Gaming Machines Order for Russia...
  • Thomson Scientific Announces Strategic Alliance With Collexis to Develop Custom Data...
  • Belden Declares Regular Quarterly Dividend
  • Emageon Names John Wilhoite as Chief Financial Officer
  • BorgWarner Honors 67 Employees for Innovation in Product Development, Operational...
  • China Valves Technology, Inc. Changes Auditors
  • CACI International Inc to Webcast Boston Analyst LuncheonCACI Executive Management Meeting...
  • Shareholder meeting and proposed acquisitions
  • /C O R R E C T I O N -- Emageon Inc./
  • Mallory Appointed President and CEO of Michael Baker Corporation
  • NetDragon récompensée par Forbes et Fortune dans les catégories << Entreprises chinoises...



    MSC.Software's Enterprise Simulation Solutions Enters Agreement With the Boeing CompanyNew Multiyear Enterprise Agreement Provides Innovation, Heightened Functionality and Business Value

    SANTA ANA, Calif., Feb. 21 /PRNewswire-FirstCall/ -- MSC.Software , the leading global provider of enterprise simulation solutions, including simulation software and services, today announced that The Boeing Company has entered into a new multiyear agreement under which they will leverage MSC.Software's new Enterprise Advantage system for flexible access to next generation simulation technology and solutions across the Boeing enterprise. Boeing has been a pioneer in recognizing the tremendous opportunities of enterprise simulation and was the first company to sign a Strategic Alliance Partnership, an MSC.Software sponsored initiative. This new agreement builds upon the existing environment, guarantees continued access to the solutions already in place, and adds new technology from MSC.Software's SimEnterprise solutions including the company's new multi-discipline solver technology, SimXpert for advanced simulation templating and SimManager for process management.

    "The Boeing Company consistently strives to translate technological innovation into product innovation that positively influences both our customers and business value," said Carol Pittman, Director of Information Technology (IT) for Engineering Systems and the Boeing Executive IT sponsor for the MSC partnership. "We believe MSC.Software's Enterprise Simulation Solutions will help enable this innovation as we deploy the new technology."

    "We are pleased that major aerospace manufacturers like Boeing are increasingly adopting MSC.Software's next generation enterprise simulation initiative and the associated new product portfolio," said Bill Weyand, chief executive officer for MSC.Software. "With MD Nastran and SimEnterprise, MSC.Software is driving a new way of developing and managing simulation which will increase productivity gains as well, drive first to market and right to market, and positively impact the overall bottom line."

    "By aligning closely with forward looking customers like Boeing and understanding their technology and business needs, we are able to drive the content of MD and SimEnterprise in direct response to those needs," said Glenn Wienkoop, president of MSC.Software. "This commitment is an excellent example of a long term customer relationship that continues to evolve toward mutual success as MSC.Software drives technology to satisfy Boeing requirements as generally representative of the aerospace market."

    About MD Nastran

    MD Nastran is the world's most powerful enterprise simulation software solution, combining the best-in-class technology platforms including MSC Nastran, Marc, Dytran and LS-Dyna into one fully integrated multidiscipline framework for the enterprise. MD Nastran provides the broadest range of simulation and analysis capabilities available in the market today with unique integrated coupling between discipline technologies to provide more accurate real world simulations. It is the solution technology at the center of the company's new SimEnterprise portfolio. By combining the most common simulation types into a single integrated data model, MD Nastran allows manufacturers to more efficiently address a broad set of multi-disciplinary engineering applications. Traditionally such analysis would be performed using a linked series of analyses, with manual or a limited automatic connectivity. The MD approach addresses multidisciplinary applications in a fully combined solution, therefore eliminating the need for re-modeling and transfer of data, and hence reduces the potential for error. The MD system architecture also enables new levels of solution optimization, thereby creating faster simulations with higher accuracy and more reliability than was previously possible.

    About SimManager Enterprise

    SimManager Enterprise allows businesses to harness the sea of data produced in product development and save time and costs with easy management and integration of engineering data within the IT infrastructure. SimManager goes beyond traditional data management approaches in enabling process based automation of simulation. MSC.Software SimManager includes and optimizes IBM technology, including DB2, WebSphere and Tivoli as a part of SimManager Enterprise, pre-configuring and testing these technologies for ease of installation, rapid scalability and aligning smoothly with enterprise architecture strategies such as the adoption of an enterprise Service Oriented Architecture. The combination of IBM's technology, services and integration expertise along with SimManager Enterprise's capabilities provides a complete solution stack for the management of simulation processes and product performance data, ensuring scalability for global deployments.

    More information on SimManager and SimEnterprise can be found at http://www.mscsoftware.com/ or https://cpd-associates.com/download/index.cfm?download=simmanagermsc&company=

    About SimXpert

    SimXpert is MSC.Software's next-generation CAE solution that enables manufacturers to accelerate the speed and accuracy of simulation, increase design productivity, and bring better products to market faster by providing and end-to-end life cycle environment for computer aided engineering (CAE) and automated simulation. Designed exclusively for dedicated analysts, SimXpert is built around MSC.Software's multidiscipline (MD) core solver set, effectively combining all of the most common FE solutions into a single analysis framework built upon a common data model. The SimXpert interface comprises interchangeable workspaces (including Structures, Motion, Thermal, and Explicit) each designed to efficiently guide the analyst through the modeling set-up, solution submission, and results interpretation for the chosen application. Further modeling efficiencies are achieved through native CAD interoperability and full associativity of the CAD and FEM geometries. The SimTemplate Studio also allows SimXpert users to capture, share, and reuse all stages of the simulation process, from modeling, solution, and pre/post processing to results manipulation and report generation, thereby mobilizing the inherent design intellect, and promoting consistency and best-practice throughout the design stakeholders. SimXpert is also fully operational with SimManager, thereby enhancing existing PLM environments with a process and data management uniquely dedicated to simulation requirements.

    About MSC.Software Corporation

    MSC.Software is the global leader of enterprise simulation solutions, that help companies make money, save time and reduce costs associated with designing and testing manufactured products. MSC.Software works with thousands of companies in hundreds of industries to develop better products faster by utilizing information technology, software, services and systems. MSC.Software employs more than 1200 people in 23 countries. For additional information about MSC.Software's products and services, please visit http://www.mscsoftware.com/.

    Safe Harbor Language

    This press release contains forward-looking statements, including all statements relating to the features, benefits, capabilities and performance of MSC.Software products. These statements are subject to risks and uncertainties that could cause actual results to be materially different than expectations. Such risks and uncertainties include, but are not limited to, changes in technology, the end-user computing and analysis environment, implementation and support that meet evolving customer requirements, general industry trends and the impact of competitive products.

    Furthermore, information provided herein, which is not historical in nature, are forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are based largely on management's expectations and are subject to and qualified by risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

    The MSC.Software corporate logo, Adams, Dytran, Easy5, Laminate Modeler, Marc, MD Adams, MD Nastran, MD Patran, Mentat, MSC, MSC MasterKey, MSC Nastran, Mvision, Patran, SimDesigner, SimEnterprise, SimManager, SimOffice, SimTemplate, SimXpert and Sofy are trademarks or registered trademarks of the MSC.Software Corporation in the United States and/or other countries. NASTRAN is a registered trademark of NASA. All other trademarks belong to their respective owners.

    Jennifer Brannon Senior Manager, Public Relations MSC.Software (714) 445-3119 jennifer.brannon@mscsoftware.com

    MSC.Software Corporation

    CONTACT: Jennifer Brannon, Senior Manager, Public Relations of
    MSC.Software, +1-714-445-3119, jennifer.brannon@mscsoftware.com

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




    Investools Reports Record 2007 Financial ResultsOnline Brokerage and Investor Education Leader Delivers 53% Revenue Growth, Solid Profitability in 2007 Fourth Quarter

    NEW YORK, Feb. 21 /PRNewswire-FirstCall/ -- Investools Inc. , a leading provider of online brokerage and investor education services, today announced financial results and selected operating metrics for the fourth quarter and fiscal year ended December 31, 2007.

    Consolidated financial highlights for the fourth quarter* include: -- Record Revenues of $94 million, up 53% from the year ago period. -- Net Income of $18 million, or $0.26 per diluted share, versus year-ago Net Loss of $11 million. -- Record Sales Transaction Volume of $88 million, up 8% from the year ago period. -- Record Non-GAAP Adjusted EBITDA (before certain items) was $24 million, or 27% of Sales Transaction Volume versus year-ago $16 million, or 19%.

    "Our 2007 performance clearly demonstrates the power of combining Investools' investor education programs with the award-winning thinkorswim online brokerage platform. Our consolidated business delivered record revenues for the fourth quarter and fiscal year and solidly established the profitability of the Company going forward. Investools has become a valued resource for active, educated investors and we will continue to refine and enhance our products and programs to continue to drive profitable growth in the coming year," said Lee K. Barba, Chairman and Chief Executive Officer of Investools.

    thinkorswim highlights for the fourth quarter *compared to the year-ago period:

    -- Record brokerage revenue of $41 million, up 137%. -- New accounts opened, of 22,675, up 71%. -- Record new accounts funded of 11,075, up 68%. -- Funded accounts totaled 57,775 as of December 31, 2007, up 159%. -- Retail DARTs of 41,900, up 323%. -- Active Trader DARTs of 20,400, up 73%. -- Total client assets $2.58 billion, up 190%. -- Average client account balance of $44,900 trading 200 times per year.

    "thinkorswim's operations for the fourth quarter were notable for delivering record revenue and new account openings along with explosive growth in trading activity. At a time of tremendous volatility in the financial markets, we have proven our ability to serve the needs of sophisticated, active investors through our advanced tools, technologies and recognized expertise in options trading," added Mr. Barba.

    Investor Education Group highlights for the fourth quarter compared to the year-ago period:

    -- Revenue of $53 million, up 19%. -- Sales Transaction Volume of $47 million, a 27% decline, due to a reduction in acquisition pricing to drive growth in graduates. -- Total graduates of 12,260 during the quarter, up 20%. -- Active Investor Toolbox subscribers of 102,800, up 20%.

    "During 2007, we refined our investor education products, pricing and distribution channels to make this segment an even more effective customer- acquisition engine for our brokerage business. As a result, the Investor Education Group generated healthy increases in graduates and subscribers. Our goal is to be the leading investor education provider with a global markets curriculum of course offerings," Mr. Barba said.

    * Prior year results reflect unaudited amounts for thinkorswim. The Company's SEC filings for 2007 reflect Investools' acquisition of thinkorswim on February 15, 2007. About Investools

    Investools Inc. offers market-leading investor education and brokerage and related financial products and services for self-directed investors. Investools Education Group offers a full range of investor education products and services that provide lifelong learning in a variety of interactive delivery formats, including instructor-led synchronous and asynchronous online courses, in-person workshops, one-on-one and one-to-many online coaching programs and telephone, live-chat and email support. thinkorswim Inc. is a leading online brokerage and technology provider focused on providing services to self-directed options traders and active traders. thinkorswim offers customers a broad range of products including equity securities, fixed income, index products, options, futures, other derivatives and foreign exchange. thinkorswim provides unique front end trading platforms that allow its customers to trade electronically and provides sophisticated trading tools and analytics, including tools for implementing complex, multi-leg options strategies. The products and services offered by Investools Inc. have received numerous accolades from third parties including thinkorswim's ranking by Barron's as its top rated software-based online broker and best for options traders (2006 & 2007), and Prophet's top Barron's ranking for best technical analysis tools (2006).

    Safe Harbor

    This press release may contain forward-looking statements. Such forward- looking statements may be identified by words such as "believe," "intend," "expect," "may," "could," "would," "will," "should," "plan," or similar statements. All forward-looking statements are based largely on current expectations, beliefs and assumptions concerning future events that are subject to substantial risks and uncertainties. These risks and uncertainties include, but are not limited to: general changes in economic conditions and changes in conditions affecting the financial services industry specifically, regulatory developments that affect the way we market or sell our products and services, our inability to protect our proprietary technology, our ability to sell existing products and services in both new and existing markets, and other factors which are more fully described in Investools filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, actual results may vary in material aspects from those currently anticipated. The forward-looking statements made in this press release relate only to events as of the date of this release. We undertake no ongoing obligation to update these statements.

    Investor Contact: Ida Kane, SVP and CFO 801.816.6918 ida.kane@investools.com Media Contact: Fran Del Valle 212.717.5499 frances.delvalle@influencecentral.com INVESTOOLS INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets (in thousands) December 31, 2007 2006 (unaudited) ASSETS Current assets: Cash and cash equivalents $ 61,579 $ 52,923 Marketable securities 1,501 22,141 Accounts receivable, net of allowance ($198 and $74) 10,759 5,885 Receivable from clearing brokers 5,875 - Deferred tax assets 13,496 - Other current assets 9,622 10,056 Total current assets 102,832 91,005 Long-term restricted cash 389 377 Goodwill 208,776 18,085 Intangible assets, net of accumulated amortization ($17,329 and $4,154) 132,587 2,936 Software development costs, net of accumulated amortization ($3,363 and $274) 26,939 12,584 Furniture and equipment, net of accumulated depreciation ($8,726 and $4,790) 8,007 5,253 Other long-term assets 29,800 1,397 Total assets $ 509,330 $ 131,637 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current liabilities: Current portion of deferred revenue $ 124,486 $ 120,919 Other current liabilities 17,825 15,958 Accounts payable 8,896 4,388 Accrued payroll 13,278 4,870 Accrued tax liabilities 7,544 9,602 Current portion of capitalized lease obligations 212 180 Current portion of notes payable 17,500 - Total current liabilities 189,741 155,917 Long-term portion of deferred revenue 37,384 38,656 Capitalized lease obligations 330 500 Notes payable 100,000 - Deferred income taxes 18,487 - Other long-term accrued liabilities 1,493 215 Total liabilities 347,435 195,288 Stockholders' equity (deficit): Common stock $0.01 par value (65,859 and 45,264 shares issued and outstanding, respectively) 658 453 Additional paid-in capital 331,004 128,115 Accumulated other comprehensive income 20 3 Accumulated deficit (169,787) (192,222) Total stockholders' equity (deficit) 161,895 (63,651) Total liabilities and stockholders' equity (deficit) $ 509,330 $ 131,637 INVESTOOLS INC. AND SUBSIDIARIES Condensed Consolidated Statements of Operations (in thousands, except per share amounts) (unaudited) Three Months Ended Year Ended December 31, December 31, 2007 2006 2007 2006 Revenue $94,074 $44,166 $318,009 $170,330 Costs and expenses Cost of revenue 38,176 30,429 143,511 121,270 Selling expense 18,329 16,287 70,860 52,947 General and administrative expense 16,942 7,617 69,574 32,646 Special charges 20 4,423 1,295 7,608 Total costs and expenses 73,467 58,756 285,240 214,471 Income (loss) from operations 20,607 (14,590) 32,769 (44,141) Other income (expense) Interest expense (3,378) (18) (11,059) (67) Interest income 574 940 1,868 2,638 Other, net 6 (17) 7 (85) Other (expense) income, net (2,798) 905 (9,184) 2,486 Net income (loss) before income taxes and cumulative effect of accounting change 17,809 (13,685) 23,585 (41,655) Income tax (benefit) provision - (24) 1,150 (875) Net income (loss) before cumulative effect of accounting change 17,809 (13,661) 22,435 (40,780) Cumulative effect of accounting change - - - 48 Net income (loss) $17,809 $(13,661) $22,435 $(40,732) Net income (loss) per common share: Basic $0.27 $(0.30) $0.36 $(0.90) Diluted $0.26 $(0.30) $0.34 $(0.90) Weighted average common shares outstanding - basic 65,510 45,168 62,942 45,042 Weighted average common shares outstanding - diluted 68,497 45,168 65,797 45,042 INVESTOOLS INC. AND SUBSIDIARIES Condensed Consolidated Statements of Cash Flows (in thousands) (unaudited) Three Months Ended Year Ended December 31, December 31, 2007 2006 2007 2006 Cash flows from operating activities: Net income (loss) $17,809 $(13,661) $22,435 $(40,732) Reconciling adjustments: Depreciation and amortization 5,419 1,414 19,601 4,924 Deferred taxes (136) 30 37 114 Stock compensation expense 1,934 346 15,325 1,179 Amortization of exclusivity rights 1,652 - 4,722 - Decrease in fair value of interest rate swap agreement 999 - 1,478 - Amortization of debt issue costs 275 - 1,043 - Provision for sales return reserve 575 893 1,467 1,419 Provision for (recovery of) lease termination (31) (3) 105 210 Provision for (recovery of) bad debt (119) 51 124 19 Provision for inventory reserve (68) - 2 - Issuance of stock for legal settlement - 2,763 - 2,763 Loss (gain) on sale of assets (3) (1) 19 (11) Impairment (recovery) of capitalized software development - (50) - 1,414 Loss (gain) on marketable securities (3) 12 1 85 Changes in operating assets and liabilities, net of the effect of acquired businesses: Accounts receivable 8,337 (752) (3,080) (2,551) Receivable from clearing brokers 4,587 - (1,527) - Income tax receivable (62) - - - Other assets (5,492) (1,430) 127 (3,808) Accounts payable (4,943) (912) (7,287) 525 Deferred revenue (5,497) 19,872 2,295 82,374 Accrued payroll 81 (271) 4,758 1,348 Other liabilities (1,562) 1,381 (7,409) 5,604 Accrued tax liabilities (498) 1,288 (668) 1,346 Net cash provided by operating activities 23,254 10,970 53,568 56,222 Cash flows from investing activities: Purchases of marketable securities - - - (23,403) Proceeds from the maturity of marketable securities 1,300 14,349 20,641 18,214 Proceeds from the sale of equipment 5 1 30 11 Payments for capitalized software development costs (5,334) (3,575) (16,803) (8,115) Purchases of furniture, fixtures and equipment (648) (533) (3,750) (3,154) Cash held in escrow 102 - (8,298) - Deferred acquisition costs - (1,075) - (2,398) Cash paid in business acquisitions, net of cash received (1,040) - (150,387) - Net cash (used in) provided by investing activities (5,615) 9,167 (158,567) (18,845) Cash flows from financing activities: Payments on capital leases (51) (41) (190) (153) Payments on note payable (2,500) - (7,500) - Changes in long-term restricted cash (4) (4) (12) 4,711 Repurchase of stock - - - (1,360) Proceeds from note payable - - 125,000 - Payment of debt issuance costs - - (4,539) - Proceeds from exercise of stock options 221 171 882 882 Net cash (used in) provided by financing activities (2,334) 126 113,641 4,080 Effect of foreign exchange rates on cash and cash equivalents (13) - 14 - Increase in cash and cash equivalents 15,292 20,263 8,656 41,457 Cash and cash equivalents: Beginning of period 46,287 32,660 52,923 11,466 End of period $61,579 $52,923 $61,579 $52,923 INVESTOOLS INC. AND SUBSIDIARIES Financial Summary Reconciliation of Non-GAAP Information

    For purposes of comparability, the following tables include non-GAAP unaudited financial information for thinkorswim for the full periods presented below. This information will not tie to the Company's SEC filings which reflect the merger with thinkorswim on February 15, 2007.

    The following table reconciles the Company's non-GAAP Adjusted EBITDA for the periods presented which the Company believes is a valuable representation of operating performance given the impact of accounting for deferred revenue and certain other costs. The table provides a reconciliation of Net Income (Loss) to Adjusted EBITDA for the periods indicated.

    Three Months Ended Year Ended in (millions) December 31, December 31, 2007 2006 2007 2006 Net income (loss) $ 17.8 $ (11.1) 16.9 (29.3) Depreciation and amortization 7.2 2.0 24.3 7.1 Other non-cash items 2.0 1.5 25.8 2.9 Special charges 0.0 4.8 1.3 8.5 Interest expense (income) 2.8 (1.3) 9.1 (3.6) Net change in deferred revenue (5.5) 19.9 3.1 82.4 Adjusted EBITDA ($) 24.3 15.8 80.5 68.0 Adjusted EBITDA (%) 27.4% 19.4% 24.2% 21.7%

    The following table provides a breakout of revenue for thinkorswim Group on an unaudited basis for all periods presented and a reconciliation of non- GAAP Sales Transaction Volume (STV) to Revenue. The Company believes that Investor Education Group sales transaction volume is an important measure of business volume. STV is a non-GAAP financial measure and represents sales in a particular period before the effect of recognition of deferred revenue from prior periods and the deferral of current period sales. The table provides a reconciliation of non-GAAP total sales volume to revenue for the periods indicated.

    Three Months Ended Year Ended in (000s) December 31, December 31, 2007 2006 2007 2006 thinkorswim Group Revenue Commissions $ 25,310 $ 11,627 $ 74,530 $ 39,762 Interest & dividends 7,985 3,159 22,958 9,646 Other & brokerage related revenue 8,146 2,685 23,780 11,380 Total thinkorswim group revenue 41,441 17,471 121,268 60,788 Investor Education Group Sales Transaction Volume 47,136 64,174 210,654 252,802 Total Sales Transaction Volume 88,577 81,645 331,922 313,590 Change in deferred revenue 5,497 (20,007) (3,528) (82,472) Revenue 94,074 61,638 328,394 231,118 Segment Information

    The following table provides information concerning our operations by reportable segment. The Company's SEC Filings and the table below reflect Investools' merger with thinkorswim on February 15, 2007.

    Three Months Ended Year Ended in (000s) December 31, December 31, 2007 2006 2007 2006 Revenue Investor Education segment $ 52,633 $ 44,166 $ 207,127 $ 170,330 thinkorswim segment 41,441 - 110,882 - Revenue 94,074 44,166 318,009 170,330 Income (Loss) from Operations Investor Education segment $ 1,980 $ (14,590) $ (9,829) $(44,141) thinkorswim segment 18,627 - 42,598 - Income (loss) from operations 20,607 (14,590) 32,769 (44,141) INVESTOOLS INC. AND SUBSIDIARIES Operating Metrics thru December 31, 2007 Three Months Ended Year Ended December 31, December 31, thinkorswim Inc. 2007 2006 2007 2006 Trading Days 63.0 62.5 250.0 249.5 New Retail Accounts Opened(1) 22,675 13,225 75,875 26,625 New Funded Retail Accounts 11,075 6,600 38,325 13,425 Period-End Funded Retail Accounts 57,775 22,275 57,775 22,275 Retail DARTs(2) 41,900 9,900 26,975 7,950 Active Trader DARTs(3) 20,400 11,800 23,325 14,900 Total DARTs 62,300 23,600 50,300 22,850 Total Trades 3,928,000 1,353,000 12,556,000 5,720,000 Ending Client Assets ($MM) $2,580 $890 Average Client Equity/Retail Account $44,900 $48,000 Retail Commission Per Trade $9.01 $12.65 Investor Education Group Total Paid Graduates(4) 12,260 10,250 43,090 45,060 Ending Cumulative Graduates(5) 337,000 264,000 337,000 264,000 Ending Active Subscribers(6) 102,800 85,400 102,800 85,400 Upsell Rate (7) 40% 45% 42% 34% PHD program 16% 20% 19% 23% Masters program 20% 31% 24% 34% Associates program 31% 29% 30% 37% Trading rooms 33% 20% 27% 6% (1) Accounts opened represent accounts that have initiated the application process with the intent to fund. (2) Retail DARTs are trades executed using the retail thinkorswim platform. (3) Active Trader DARTs are trades executed using an active trader platform such as thinkpipes. (4) Includes students who graduated from both the Foundation Course and the Currency Trader Course. (5) Cumulative graduates include graduates and their guest attendees at workshops. (6) Active Subscribers include subscribers to Investools Online, prophet.net, and Investools FX. (7) This table illustrates the workshop upsell rates during the periods indicated. Workshop upsell rates are the sales that take place at the workshops of advanced product sales. Upsell rates do not include sales from the Company's other sales operations

    Investools Inc.

    CONTACT: Investor Contact: Ida Kane, SVP and CFO, +1-801-816-6918,
    ida.kane@investools.com, or Media Contact: Fran Del Valle, +1-212-717-5499,
    frances.delvalle@influencecentral.com




    MSC.Software Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2007

    SANTA ANA, Calif., Feb. 21 /PRNewswire-FirstCall/ -- MSC.Software Corporation , a leading global provider of enterprise simulation solutions including simulation software and services, today reported results for the fourth quarter and year ended December 31, 2007. Financial highlights include the following:

    Fourth quarter: -- Total fourth quarter revenue of $71.1 million, an increase of 7.7% over the fourth quarter last year, -- Fourth quarter revenue in the Americas of $22.0 million, an increase of 24% over the fourth quarter last year, -- Fourth quarter operating loss of $1.2 million, which includes restructuring charges of $0.4 million and impairment charges totaling $4.3 million. Full Year: -- 2007 total revenue of $246.7 million versus $259.7 million last year, a decrease of 5% when compared to last years results, -- 2007 operating loss of $10.3 million, which includes restructuring charges of $8.5 million and impairment charges of $4.8 million, versus operating income of $4.7 million in 2006, -- 2007 EPS from continuing operations of ($0.06) per diluted shares versus $0.31 per diluted share last year, -- Cash and investments at December 31, 2007 totaled $135.0 million versus $126.0 million at December 31, 2006 and deferred revenue grew 3% to $80.6 million at December 31, 2007 from $78.2 million at December 31, 2006. REVENUE

    Total revenue for the fourth quarter ended December 31, 2007 was $71.1 million compared to $66.0 million for the fourth quarter in 2006. Software revenue for the fourth quarter totaled $28.8 million compared to $27.9 million for the fourth quarter in 2006. For the fourth quarter ended December 31, 2007, maintenance revenue totaled $33.3 million and services revenue totaled $9.0 million, compared to $29.4 million of maintenance revenue and $8.7 million of services revenue for the fourth quarter in 2006.

    Total revenue for the year ended December 31, 2007 was $246.7 million compared to $259.7 million last year. Software revenue for 2007 totaled $94.7 million compared to $111.2 million for 2006. For the year ended December 31, 2007 maintenance revenue totaled $125.5 million and services revenue totaled $26.4 million, compared to $115.1 million of maintenance revenue and $33.3 million of services revenue for 2006. Fiscal year 2006 included $2.4 million of non-recurring PLM revenue of which $1.3 million was software and $1.1 million was services revenue.

    "We believe that MSC's solid performance in the fourth quarter, particularly in the Americas, is a positive sign indicating that we are in the final stages of completing our company transition," said Bill Weyand, CEO and Chairman of MSC.Software. "In the fourth quarter we saw strength in both our engineering tools and our enterprise solutions product categories as well as in our key industry verticals of aerospace and automotive."

    "We believe that MSC has the key business drivers for success in 2008. Our innovative Simulation Enterprise and MD product line introductions should continue to provide us with a first mover advantage in the simulation software marketplace. Further, as we launch a new product cycle with the R3 versions of our enterprise simulation products, we expect to see increased customer acceptance and transaction activity," continued Mr. Weyand.

    REVENUE BY GEOGRAPHY

    Total revenue in the Americas for the fourth quarter and year ended December 31, 2007 was $22.0 million and $75.3 million, respectively, compared to $17.7 million and $75.7 million for the same periods last year. Total revenue in EMEA for the fourth quarter and year ended December 31, 2007 was $30.0 million and $95.9 million, respectively, compared to $28.5 million and $103.5 million for the same periods last year. Changes in the Euro dollar increased EMEA revenue during 2007 by $8.2 million. In the Asia Pacific region, revenue for the fourth quarter and year ended December 31, 2007 totaled $19.1 million and $75.5 million, respectively, compared to $19.8 million and $80.5 million for the same periods last year. Changes in the Japanese Yen decreased Asia Pacific revenue during 2007 by $1.0 million.

    RESULTS OF OPERATIONS AND EPS

    Total operating expenses for the fourth quarter and year ended December 31, 2007 were $59.1 million and $210.7 million, respectively, compared to $54.4 million and $196.9 million for the same periods last year. Operating loss for the fourth quarter was $1.2 million and for the year end was $10.3 million, compared to an operating loss of $0.9 million and operating income of $4.7 million for the fourth quarter and year ended December 31, 2006. The operating loss for the year ended December 31, 2007 included a restructuring charge of $8.5 million and impairment charge of $4.8 million.

    For the fourth quarter ended December 31, 2007, income from continuing operations totaled $2.3 million or $0.05 per diluted share, compared to income from continuing operations of $11.2 million or $0.25 per diluted share for the fourth quarter last year. For the year ended December 31, 2007, loss from continuing operations totaled $2.6 million or ($0.06) per diluted share, compared to income from continuing operations of $13.3 million or $0.31 per diluted share for FY 2006. Other income, net, in the fourth quarter and for 2007, included a gain on the sale of securities of $6.8 million.

    GUIDANCE

    At this time the Company will not issue guidance. The Company will continue to evaluate its decision to provide guidance in the future.

    CONFERENCE CALL

    The Company will host a conference call to discuss the fourth quarter financial results today at 1:30 pm pacific (4:30 pm eastern). The fourth quarter conference call will include a slide presentation that can be downloaded at: http://www.mscsoftware.com/ir/. The conference call can be accessed by web cast at: http://www.mscsoftware.com/ir/ or by dialing in to (800) 374-0151 for US callers or (706) 634-4981 for international callers. To participate in the live conference call, use the following conference ID code: 30449559.

    An archived version of the conference call will be available at http://www.mscsoftware.com/ir/. The teleconference replay will be available for 48 hours and can be accessed by dialing in to: U.S. (800) 642-1687 or Intl. (706) 645-9291 using the conference ID code: 30449559.

    About MSC.Software Corporation

    MSC.Software Corporation is a leading global provider of enterprise simulation solutions, including simulation software and services, that helps companies make money, save time and reduce costs associated with designing and testing manufactured products. MSC.Software works with thousands of companies in hundreds of industries to develop better products faster by utilizing information technology, software and services. MSC.Software employs more than 1200 people in 23 countries. For additional information about MSC.Software's products and services, please visit http://www.mscsoftware.com/.

    Safe Harbor Statement

    This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, including, without limitation, statements regarding our expectations, beliefs, intentions or strategies regarding the future. All forward-looking statements included in this press release are based on information available to us on the date hereof. These statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results to differ materially from those implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "targets," "goals," "projects," "continue," "preliminary," "guidance," or variations of such words, similar expressions, or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Neither we nor any other person can assume responsibility for the accuracy and completeness of forward-looking statements. Important factors that may cause actual results to differ from expectations include, but are not limited to, those discussed in "Risk Factors" on our 2006 Form 10-K filed with the Securities and Exchange Commission. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

    MSC.SOFTWARE CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except per share value amounts) Preliminary December 31, December 31, 2006 2007 ASSETS Cash and Investments $126,001 $135,029 Trade Accounts Receivable, less Allowance for Doubtful Accounts of $1,555 and $1,855, respectively 70,432 70,204 Property and Equipment, Net 19,055 18,899 Goodwill, Indefinite Lived & Other Intangibles 204,369 195,311 Other Assets 38,981 47,702 Total Assets $458,838 $467,145 LIABILITIES AND SHAREHOLDERS' EQUITY Deferred Revenue $78,189 $80,584 Long-Term Debt 7,556 6,936 Other Liabilities 62,185 60,215 Total Liabilities 147,930 147,735 Net Shareholders' Equity 310,908 319,410 Total Liabilities and Shareholders' Equity $458,838 $467,145 PRELIMINARY MSC.SOFTWARE CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share data) Three Months Ended Twelve Months Ended December 31, December 31, 2006 2007 2006 2007 Revenue: Software $27,895 $28,823 $111,231 $94,682 Maintenance 29,386 33,257 115,099 125,529 Services 8,718 8,997 33,356 26,440 Total Revenue 65,999 71,077 259,686 246,651 Cost of Revenue: Software 3,055 2,659 12,937 10,351 Maintenance and Services 9,409 10,478 45,162 35,900 Total Cost of Revenue 12,464 13,137 58,099 46,251 Gross Profit 53,535 57,940 201,587 200,400 Operating Expenses: Research and Development 11,432 13,579 43,249 51,109 Selling and Marketing 24,699 25,132 83,581 84,794 General and Administrative 17,973 15,525 69,165 60,819 Amortization of Intangibles 188 176 750 698 Restructuring and Other Charges - 442 - 8,522 Impairment Charges 141 4,259 141 4,778 Total Operating Expenses 54,433 59,113 196,886 210,720 Operating Income (Loss) (898) (1,173) 4,701 (10,320) Other (Income) Expense: Interest Expense 254 282 3,583 1,155 Other Income, net (1,400) (7,904) (5,292) (10,368) Total Other Income, net (1,146) (7,622) (1,709) (9,213) Income (Loss) From Continuing Operations Before Provision (Benefit) For Income Taxes 248 6,449 6,410 (1,107) Provision (Benefit) For Income Taxes (10,956) 4,156 (6,931) 1,496 Income (Loss) From Continuing Operations 11,204 2,293 13,341 (2,603) Income From Discontinued Operations, net of Income Taxes 25 (4) 461 1,042 Net Income (Loss) $11,229 $2,289 $13,802 $(1,561) Basic Earnings (Loss) Per Share From Continuing Operations $0.26 $0.05 $0.35 $(0.06) Diluted Earnings (Loss) Per Share From Continuing Operations $0.25 $0.05 $0.31 $(0.06) Basic Earnings Per Share From Discontinued Operations $- $- $0.01 $0.02 Diluted Earnings Per Share From Discontinued Operations $- $- $0.01 $0.02 Basic Earnings (Loss) Per Share $0.26 $0.05 $0.36 $(0.04) Diluted Earnings (Loss) Per Share $0.25 $0.05 $0.32 $(0.04) Basic Weighted-Average Shares Outstanding 43,519 44,573 38,205 44,164 Diluted Weighted-Average Shares Outstanding 44,874 45,342 45,413 44,164 Investor Contact: Joanne Keates Vice President, Investor Relations MSC.Software (714) 444-8551 joanne.keates@mscsoftware.com

    MSC.Software Corporation

    CONTACT: Investors, Joanne Keates, Vice President, Investor Relations of
    MSC.Software, +1-714-444-8551, joanne.keates@mscsoftware.com

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




    Arbinet Schedules Fourth Quarter 2007 Results Conference Call

    NEW BRUNSWICK, N.J., Feb. 21 /PRNewswire-FirstCall/ -- Arbinet-thexchange, Inc. , announced today that it will hold a conference call on Thursday, February 28, 2008 at 5:00 p.m. Eastern Time to discuss the Company's fourth quarter results for the period ended December 31, 2007.

    The news release announcing the fourth quarter 2007 results will be disseminated on February 28, 2008 after the Nasdaq stock market closes.

    The dial-in number for the live audio call beginning at 5:00 p.m. Eastern Time is 888-562-3654, or 973-582-2703 for international callers; the passcode is 36430509. A live web cast of the conference call will be available on Arbinet's web site at http://www.arbinet.com/.

    A replay of the call will be available from 8:00 p.m. Eastern Time on Thursday, February 28, 2008 through midnight on March 13, 2008 at http://www.arbinet.com/ and by telephone at 800-642-1687, or 706-645-9291 for international callers; the passcode is 36430509.

    About Arbinet

    Arbinet is a leading provider of solutions to simplify the exchange of digital communications in a converging world. The Company operates the world's largest electronic market for trading, routing and settling communications capacity. Through its managed service offerings, Arbinet provides solutions to simplify the increased complexity of routing calls across traditional and VoIP networks.

    Arbinet's 900 voice and data Members, including the world's 10 largest international carriers, use Arbinet's Internet based electronic platforms to buy, sell, deliver and settle transactions valued at about $500 million in 2006. These Members include fixed, mobile and VoIP carriers, ISPs and content providers from more than 60 countries who exchange voice, data, content and value added services.

    For more information about Arbinet's solutions visit http://www.arbinet.com/.

    Contacts: Jack Wynne, CFO Arbinet-thexchange, Inc. 732-509-9230 Andrea Priest / Andi Salas Joele Frank, Wilkinson Brimmer Katcher 212-355-4449

    Arbinet-thexchange, Inc.

    CONTACT: Jack Wynne, CFO of Arbinet-thexchange, Inc., +1-732-509-9230;
    Andrea Priest or Andi Salas of Joele Frank, Wilkinson Brimmer Katcher,
    +1-212-355-4449, for Arbinet-thexchange, Inc.

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




    Ditech Networks Reports Q3 FY08 Financial Results

    MOUNTAIN VIEW, Calif., Feb. 21 /PRNewswire-FirstCall/ -- Ditech Networks, Inc. reported results for its fiscal 2008 third quarter ended January 31, 2008. Revenue for the third quarter was $6.7 million, a decrease of $15.4 million, or 70%, from revenue of $22.1 million in the same quarter of the prior fiscal year and a slight increase of $0.1 million, or 1%, from revenue of $6.6 million in the second quarter of fiscal 2008.

    GAAP net loss for the fiscal 2008 third quarter was $19.6 million, which included $16.4 million of expense relating to the impairment of goodwill. This net loss was a decrease compared to the GAAP net income of $2.0 million in the same quarter of the prior fiscal year and an increase compared to the GAAP net loss of $5.4 million in the second quarter of fiscal 2008.

    "We have focused our efforts on demonstrating the value of voice quality to the communications industry," said Todd Simpson, Ditech's president and CEO. "Our EXi solution has been utilized to quantify the impact of voice quality on subscribers, which has proven valuable as we grow the demand for our voice quality products."

    Ditech Networks will discuss its fiscal 2008 third quarter financial results and its outlook in today's conference call (see details later in this release).

    Third Quarter Fiscal 2008 GAAP Results -- Net loss for the third quarter of fiscal 2008 of $19.6 million, which includes $16.4 million of expense relating to the impairment of goodwill, compared to net income of $2.0 million in the same quarter in the prior fiscal year. -- Fully diluted net loss per share of $0.76, compared to fully diluted net income per share of $0.06 in the same quarter in the prior fiscal year. Third Quarter Fiscal 2008 Non-GAAP Results -- Non-GAAP net loss for the third quarter of fiscal 2008 of $2.8 million compared to non-GAAP net income of $3.0 million in the same quarter in the prior fiscal year. -- Non-GAAP fully diluted net loss per share of $0.11, compared to non-GAAP fully diluted net income per share of $0.09 in the same quarter in the prior fiscal year.

    A reconciliation of the non-GAAP to GAAP financial measures presented above is included at the end of this press release. These non-GAAP financial measures exclude the effect of stock-based compensation expense, the expense related to amortization of intangible assets, the expense of goodwill impairment, the expense of severance and restructuring costs and the tax effects of the excluded amounts.

    Fourth Quarter Fiscal 2008 GAAP Outlook

    Based upon expected bookings, timing of shipments and deferred revenues, Ditech Networks expects the range of revenues of $6 - $9 million in the fourth quarter of fiscal 2008 to be slightly up from the third quarter's projected range of $5 - $8 million. As a function of Ditech's bookings pipeline, customer and product mix and opportunities, Ditech Networks expects gross margins to be similar to the Q3 level. Ditech Networks expects operating expenses, including an estimated $1.3 million of stock-based compensation and acquisition related expenses, to be approximately $10.5 - $10.8 million.

    Conference Call

    Ditech Networks will host an investor webcast and conference call at 4:30 PM Eastern Time / 1:30 PM Pacific Time today, to review its fiscal 2008 third quarter performance and its outlook for the coming quarter. Any member of the public can listen to the conference call by calling the following number: +1 (612) 332-0335. The conference call will also be broadcast live over the Internet and can be accessed by going to either the "Press Room" or "Investors" section of Ditech Networks' web site home page: http://www.ditechnetworks.com/. A replay of the conference call will be available via Ditech Networks' web site or by calling the digitized replay number at +1 (320) 365-3844. The conference call ID is: 909954. The replay will be available three hours after the call is complete until Ditech Networks' subsequent earnings announcement.

    About Ditech Networks

    Ditech Networks is shaping the future of voice quality through continuous innovation and leadership for the world's communications companies. Ditech's voice quality solutions are deployed in wireless and wireline networks to optimize the call experience. By delivering consistent, dependable voice quality, Ditech's products help global communications companies meet the multiple challenges of service differentiation, network expansion and call capacity. Ditech's customers include Verizon, Sprint/Nextel, Orascom Telecom, AT&T, China Unicom, Global Crossing and West Corporation. Ditech Networks is headquartered in Mountain View, California. For more information, visit http://www.ditechnetworks.com/.

    Forward-Looking Statements

    The statements in this press release with respect to Ditech Networks' fourth quarter fiscal 2008 projected financial results are forward-looking statements. Actual results could differ materially as a result of numerous risks and uncertainties, including: timing of orders and timely receipt of payments for Ditech Networks' voice enhancement and echo cancellation equipment is variable and could affect Ditech Networks' ability to meet revenue expectations; timing of Ditech Networks' ability to liquidate its auction rate securities, the necessity by Ditech Networks to take additional impairment, reserves or valuation charges; shipment of products Ditech Networks expects to ship before the end of the fourth quarter of fiscal 2008 may be delayed or cancelled due to unexpected factors and events affecting its customers; Ditech Networks may experience weakening in demand for its voice and echo cancellation products; component supply problems may occur as a result of factors beyond its control; infrastructure demand could weaken or remain flat due to a weakening in the economy or for other unanticipated reasons; Ditech Networks' competitors may develop products that compete favorably with Ditech Networks' products; Ditech Networks has a limited number of customers, the loss of any one which could cause its revenues to decrease materially; inability to successfully convert Ditech Networks' VQA trials to customer orders would limit VQA revenue; Ditech Networks uses various sales channels and depending on channel, may cause operating expenses to exceed projected levels; Ditech Networks ability to pursue revenue growth may require additional spending which may exceed projected operating expenses, as well as those detailed in the section entitled "Future Growth and Operating Results Subject to Risk" in Ditech Networks' Quarterly Report on Form 10-Q for the quarter ended October 31, 2007 (filed December 7, 2007 with the Securities and Exchange Commission).

    Use of Non-GAAP Financial Information

    Ditech Networks provides all information required in accordance with generally accepted accounting principles (GAAP), but it believes that evaluating its ongoing operating results and in particular, making comparisons to similar companies, may be enhanced by providing additional measures used by management to assess operating results. Internally, Ditech Networks uses calculations of: (i) non-GAAP gross profit and gross margin, which represents gross profit and gross margin excluding the effect of stock-based compensation expense and severance and restructuring costs; (ii) non-GAAP operating expenses, which represent operating expenses excluding the effect of stock-based compensation expense and severance and restructuring costs and, in the case of total operating expenses, expense related to amortization of intangible assets and the expense related to the impairment of goodwill; (iii) non-GAAP pre-tax income (loss)and non-GAAP net income (loss), which represents pre-tax income (loss) and net income (loss) excluding the effect of stock-based compensation expense, severance and restructuring cost, expense related to the amortization of intangible assets and the expense related to the impairment of goodwill; and (iv) non-GAAP basic and diluted net income (loss) per share, which represents basic and diluted net income (loss) per share excluding the effect of stock-based compensation expense, severance and restructuring costs, expense related to the amortization of intangible assets and the expense related to the impairment of goodwill. The non-GAAP financial measures also exclude the tax effects of the excluded amounts.

    The non-GAAP financial measures contained in this release are included with the intention of providing investors additional understanding of Ditech Networks' operational results and trends, but should only be used in conjunction with results reported in accordance with GAAP.

    Ditech Networks believes that the presentation of these non-GAAP financial measures is warranted for several reasons:

    1) Such non-GAAP financial measures provide an additional analytical tool for understanding Ditech Networks' financial performance by excluding the impact of items which may obscure trends in the core operating performance of the business; 2) Since Ditech Networks has historically reported non-GAAP results to the investment community, Ditech Networks believes the inclusion of non-GAAP numbers provides consistency and enhances investors' ability to compare Ditech Networks' performance across financial reporting periods; 3) These non-GAAP financial measures are employed by Ditech Networks' management in its own evaluation of performance and are utilized in financial and operational decision making processes, such as budget planning and forecasting; 4) These non-GAAP financial measures facilitate comparisons to the operating results of other companies in Ditech Networks' industry, which use similar financial measures to supplement their GAAP results, thus enhancing the perspective of investors who wish to utilize such comparisons in their analysis of Ditech Networks' performance.

    As stated above, Ditech Networks presents non-GAAP financial measures because it considers them to be important supplemental measures of performance. However, non-GAAP financial measures have limitations as an analytical tool and should not be considered in isolation or as a substitute for Ditech Networks' GAAP results. In the future, Ditech Networks expects to incur expenses similar to the non-GAAP adjustments described above and expects to continue reporting non-GAAP financial measures excluding such items. Some of the limitations in relying on non-GAAP financial measures are:

    -- Ditech Networks' stock option and stock purchase plans are important components of incentive compensation arrangements and will be reflected as expenses in Ditech Networks' GAAP results for the foreseeable future under SFAS 123R. -- Amortization of intangibles, though not directly affecting Ditech Networks' current cash position, represents the loss in value as the technology in Ditech Networks' industry evolves, is advanced or is replaced over time. The expense associated with this loss in value is not included in the non-GAAP net income (loss) presentation and therefore does not reflect the full economic effect of the ongoing cost of maintaining Ditech Networks' current technological position in the company's competitive industry which is addressed through the company's research and development program. -- Restructuring charges reflect a real cost of doing business and reacting to market forces, and by eliminating these charges the non- GAAP financial measures do not reflect these costs of doing business. -- Other companies, including other companies in Ditech Networks' industry, may calculate non-GAAP financial measures differently than the company, limiting their usefulness as a comparative measure. Ditech Networks, Inc. Condensed Consolidated Balance Sheets (in thousands) (unaudited) January 31, April 30, 2008 2007 Assets Cash, cash equivalents and investments $71,875 $134,539 Accounts receivable, net 3,741 10,324 Inventories 18,896 13,353 Deferred income taxes 54,384 45,828 Property and equipment, net 5,622 5,781 Purchased intangibles 1,656 2,394 Goodwill 0 12,637 Other assets 1,643 1,528 Total Assets $157,817 $226,384 Liabilities and Stockholders' Equity Accounts payable $2,125 $2,659 Accrued expenses 5,377 7,553 Deferred revenue 698 3,424 Income taxes payable 309 803 Total Liabilities 8,509 14,439 Stockholders' equity 149,308 211,945 Total Liabilities and Stockholders' Equity $157,817 $226,384 Ditech Networks, Inc. Consolidated Statements of Operations For the Three and Nine Month Periods Ended January 31, 2008 and 2007 (in thousands, except per share amounts) (unaudited) Three Months Ended Nine Months Ended January 31, January 31, 2008 2007 2008 2007 Revenue $6,684 $22,078 $27,343 $64,795 Cost of goods sold 2,966 7,976 12,060 21,347 Gross profit 3,718 14,102 15,283 43,448 Operating expenses: Sales and marketing 3,885 5,557 14,362 18,390 Research and development 3,769 5,077 14,214 15,715 General and administrative 1,943 2,232 7,302 6,407 Amortization of purchased intangibles 247 246 739 739 Impairment of goodwill 16,423 - 16,423 - Total operating expenses 26,267 13,112 53,040 41,251 Income (loss) from operations (22,549) 990 (37,757) 2,197 Other income, net 933 1,711 4,094 5,028 Income (loss) before provision (benefit) for income taxes (21,616) 2,701 (33,663) 7,225 Provision (benefit) for income taxes (1,997) 694 (7,628) 2,624 Net income (loss) ($19,619) $2,007 ($26,035) $4,601 Basic net income (loss) per share: ($0.76) $0.06 ($0.88) $0.14 Diluted net income (loss) per share ($0.76) $0.06 ($0.88) $0.14 Weighted shares used in per share calculation: Basic 25,809 32,641 29,752 32,519 Diluted 25,809 33,819 29,752 33,931 Stock-based compensation expense allocated by function was as follows: Cost of goods sold $98 $71 $296 $285 Sales and marketing 316 458 1,290 1,928 Research and development 199 511 922 1,635 General and administrative 271 158 1,031 927 Total $884 $1,198 $3,539 $4,775 Ditech Networks, Inc. Reconciliation of GAAP to Non-GAAP Financial Measures For the Three and Nine Month Periods Ended January 31, 2008 and 2007 (in thousands, except per share amounts) (unaudited) Three Months Ended Nine Months Ended January 31, January 31, 2008 2007 2008 2007 GAAP gross profit $3,718 $14,102 $15,283 $43,448 Add back severance and restructuring costs 7 0 72 0 Add back stock-based compensation 98 71 296 285 Non-GAAP gross profit $3,823 $14,173 $15,651 $43,733 GAAP gross margin 55.6% 63.9% 55.9% 67.1% Add back severance and restructuring costs 0.1% 0.0% 0.3% 0.0% Add back stock-based compensation 1.5% 0.3% 1.0% 0.4% Non-GAAP gross margin 57.2% 64.2% 57.2% 67.5% GAAP sales and marketing expense 3,885 $5,557 14,362 18,390 Deduct severance and restructuring costs (46) 0 (276) 0 Deduct stock-based compensation (316) (458) (1,290) (1,928) Non-GAAP sales and marketing expense $3,523 $5,099 $12,796 $16,462 GAAP research and development expense 3,769 $5,077 14,214 $15,715 Deduct severance and restructuring costs (19) 0 (913) 0 Deduct stock-based compensation (199) (511) (922) (1,635) Non-GAAP research and development expense $3,551 $4,566 $12,379 $14,080 GAAP general and administrative expense 1,943 $2,232 7,302 $6,407 Deduct severance and restructuring costs 20 0 (504) 0 Deduct stock-based compensation (271) (158) (1,031) (927) Non-GAAP general and administrative expense $1,692 $2,074 $5,767 $5,480 GAAP total operating expenses $26,267 $13,112 $53,040 $41,251 Deduct: Severance and restructuring costs (45) 0 (1,693) 0 Stock-based compensation expense (786) (1,127) (3,243) (4,490) Amortization of purchased intangibles (247) (246) (739) (739) Impairment of goodwill (16,423) - (16,423) - Non-GAAP total operating expenses $8,766 $11,739 $30,942 $36,022 GAAP income (loss) from operations ($22,549) $990 ($37,757) $2,197 Addback severance and restructuring costs, stock-based compensation expense, amortization of purchased intangibles, and impairment of goodwill. 17,606 1,444 22,466 5,514 Non-GAAP income (loss) from operations ($4,943) $2,434 ($15,291) $7,711 GAAP income (loss) before provision (benefit) for income taxes ($21,616) $2,701 ($33,663) $7,225 Addback severance and restructuring costs, stock-based compensation expense and amortization of purchased intangibles 17,606 1,444 22,466 5,514 Non-GAAP income (loss) before provision (benefit) for income taxes ($4,010) $4,145 ($11,197) $12,739 GAAP provision (benefit) for income taxes ($1,997) $694 ($7,628) $2,624 Addback tax impact of eliminating severance and restructuring costs, stock-based compensation expense, amortization of purchased intangibles, and impairment of goodwill. 798 437 2,673 1,904 Non-GAAP provision (benefit) for income taxes ($1,199) $1,131 ($4,955) $4,528 GAAP net income (loss) ($19,619) $2,007 ($26,035) $4,601 Addback severance and restructuring costs, stock-based compensation expense, amortization of purchased intangibles, impairment of goodwill, and adjustment to tax provision (benefit) 16,808 1,007 19,793 3,610 Non-GAAP net income (loss) ($2,811) $3,014 ($6,242) $8,211 GAAP diluted net income (loss) per share ($0.76) $0.06 ($0.88) $0.14 Addback severance and restructuring costs, stock-based compensation expense, amortization of purchased intangibles and adjustment to tax provision (benefit) 0.65 0.03 0.67 0.10 Non-GAAP diluted net income per share ($0.11) $0.09 ($0.21) $0.24 Shares used in computing net income (loss) per share Diluted-GAAP 25,809 33,819 29,752 33,931 Diluted-Non-GAAP 25,809 33,819 29,752 33,931

    Ditech Networks, Inc.

    CONTACT: Media, Rob Adler of PR@vantage, +1-415-984-1970, ext. 104,
    radler@pr-vantage.com, for Ditech Networks; or Investors, Bill Tamblyn of
    Ditech Networks, +1-650-623-1309

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




    SAIC Awarded $28M Contract to Support Universal Service Administrative CompanyCompany to Update Information Systems that Administer Universal Service Fund for Rural Health care Facilities, Schools, and Libraries

    SAN DIEGO and MCLEAN, Va., Feb. 21 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced that it has won a contract from the Universal Service Administrative Company (USAC) to manage the information systems used to administer the federal Universal Service Schools and Libraries and Rural Health Care Programs. These programs provide discounted telecommunications and other services to rural health care facilities and schools and libraries across the United States. This new five-year contract is worth more than $28 million.

    Throughout the contract, SAIC will update current systems with new software and hardware, and provide operations and maintenance support.

    "We're pleased to help maintain and enhance the technical foundation for administering the federal Universal Service Rural Health Care and Schools and Libraries Programs," said Beverly Seay, SAIC senior vice president and business unit general manager. "This contract will enable us to help USAC better meet the needs of its customers through more user-friendly business applications."

    USAC is an independent, not-for-profit corporation designated as the administrator of the federal Universal Service Fund (USF) by the Federal Communications Commission (FCC). USAC administers programs providing support to companies serving rural areas, low-income consumers, rural health care providers, schools and libraries. The USF helps provide communities across the country with affordable telecommunications services.

    About SAIC

    SAIC is a leading provider of scientific, engineering, systems integration and technical services and solutions to all branches of the U.S. military, agencies of the Department of Defense, the intelligence community, the U.S. Department of Homeland Security and other U.S. Government civil agencies, as well as to customers in selected commercial markets. With approximately 4,000 employees in more than 150 cities worldwide, SAIC engineers and scientists solve complex technical challenges requiring innovative solutions for customers' mission-critical functions. SAIC had annual revenues of $8.3 billion for its fiscal year ended January 31, 2007.

    SAIC: FROM SCIENCE TO SOLUTIONS(R)

    Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward- looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2007, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

    Contact: Melissa Koskovich, McLean Laura Luke, McLean 703/676-6762 703/676-6533 koskovichm@saic.com laura.luke@saic.com

    SAIC

    CONTACT: Melissa Koskovich, McLean, +1-703-676-6762,
    koskovichm@saic.com, or Laura Luke, McLean, +1-703-676-6533,
    laura.luke@saic.com, both of SAIC

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




    Tamworth and Madison, New Hampshire Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

    TAMWORTH, N.H., Feb. 21 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Carroll County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity along Routes 116, 113, and 41 in Tamworth and Madison, New Hampshire, as well as the surrounding area.

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

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

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

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

    About Verizon Wireless

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

    BroadbandAccess speed claim is based on stationary tests with 5 MB FTP data files w/o compression and requires compatible EV-DO Rev. A device. Actual throughput speed varies. BroadbandAccess is available to more than 240 million people in 248 major metros in the U.S. V CAST Music phone & per song charges required; airtime may apply for music downloads. Additional charges required for other V CAST services. Offers & coverage, varying by service, not available everywhere. Network details and coverage maps at vzw.com.

    Verizon Wireless

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

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




    Salesforce.com Chairman and CEO to Deliver Keynote Presentation at Pacific Crest On-Demand ConferenceEvent to be Webcast Live on salesforce.com's Investor Relations Website

    SAN FRANCISCO, Feb. 21 /PRNewswire-FirstCall/ -- Salesforce.com , the market and technology leader in Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS) today announced that Marc Benioff, Chairman and CEO of salesforce.com, will deliver the primary keynote presentation at the Pacific Crest Annual On-Demand Conference on Thursday, February 28, 2008 at 12:00pm (PST) / 3:00pm (EST), at the Fairmont Hotel in San Francisco, California.

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

    An audio webcast of Mr. Benioff's keynote will be available on salesforce.com's website at http://www.salesforce.com/investor.

    About salesforce.com

    Salesforce.com is the market and technology leader in Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS). The company's portfolio of SaaS applications, including its award-winning CRM, available at http://www.salesforce.com/products/, has revolutionized the ways that customers manage and share business information over the Internet. The company's Force.com PaaS enables customers, developers and partners to build powerful on-demand applications that deliver the benefits of multi-tenancy across the enterprise. Applications built on the Force.com platform, available at http://www.force.com/, can be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange marketplace available at http://www.salesforce.com/appexchange.

    As of October 31, 2007, salesforce.com manages customer information for approximately 38,100 customers including ABN AMRO, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, Sprint Nextel, and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com/, or call 1-800-NO-SOFTWARE.

    Copyright (c) 2008 salesforce.com, inc. All rights reserved. Salesforce and the "no software" logo are registered trademarks of salesforce.com, inc., and salesforce.com owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.

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

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

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




    Danaher Announces Quarterly Dividend

    WASHINGTON, Feb. 21 /PRNewswire-FirstCall/ -- Danaher Corporation announced today that its Board of Directors has approved a regular quarterly dividend of $0.03 per share payable on April 25, 2008 to holders of record on March 28, 2008.

    Danaher Corporation is a leading manufacturer of Professional Instrumentation, Medical Technologies, Industrial Technologies and Tools and Components (http://www.danaher.com/).

    Danaher Corporation

    CONTACT: Andy Wilson, Vice President, Investor Relations of Danaher
    Corporation, +1-202-828-0850, or Fax, +1-202-828-0860

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




    Sunapee, New Hampshire Residents To Benefit From Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

    SUNAPEE, N.H., Feb. 21 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Sullivan County, Verizon Wireless has activated a new cell site. The new site increases wireless voice and data coverage and capacity along Routes 11 and 103B in Sunapee, New Hampshire, as well as the surrounding area.

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

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

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

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

    About Verizon Wireless

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

    BroadbandAccess speed claim is based on stationary tests with 5 MB FTP data files w/o compression and requires compatible EV-DO Rev. A device. Actual throughput speed varies. BroadbandAccess is available to more than 240 million people in 248 major metros in the U.S. V CAST Music phone & per song charges required; airtime may apply for music downloads. Additional charges required for other V CAST services. Offers & coverage, varying by service, not available everywhere. Network details and coverage maps at vzw.com.

    Verizon Wireless

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

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




    Shout Postcard Now Available on Facebook's(C) Web Social Network of Over 65 Million UsersFacebook users can now post multimedia postcards on Facebook directly from their smart phones

    LINDON, Utah, Feb. 21 /PRNewswire/ -- Me Inc., a wholly owned subsidiary of The SCO Group (Pink Sheets: SCOXQ) and a leading provider of mobile software technology and services, today announced the availability of Shout Postcard for Facebook's popular social network of over 65 million users, effective immediately. Shout Postcard allows Facebook users to add photos enriched with text and audio to their Facebook profiles directly from their mobile smart phones. The Shout Postcard application also allows users to add audio and text to photos that have been previously loaded to other Facebook applications.

    "Integration of the Shout Postcard technology with Facebook enriches users' experiences on Facebook pages" said Shaun Cutler, Director, Me Inc. "Facebook is all about social interaction and Shout Postcard creates a multimedia interactive experience for Facebook users that is unprecedented."

    Mobile devices compatible with the Shout Postcards application include Blackberry's Curve(TM) and Pearl(TM), as well as Palm's Treo(TM) and Centro(TM).

    Shout Postcard is a multimedia tool that provides mobile phone users with the ability to capture and share life's moments on-the-go with pictures, audio and text combined into a template-driven postcard. Shout Postcard can currently be downloaded free of charge at http://www.shoutpostcard.com/. Facebook users can click on the following link to add the Shout Postcard player to their Facebook profiles and begin adding voice and text to new or existing photos: http://apps.facebook.com/shoutcard. More information about Shout Postcard integration with Facebook can be found at http://apps.facebook.com/shoutcard/about

    Facebook is a leading web social network that helps people to communicate more efficiently with their friends, family and coworkers. With over 65 million active users and more than 250,000 added daily, Facebook provides an unprecedented level of exposure to the Shout Postcard technology.

    About Me Inc.

    Me Inc., is a wholly owned subsidiary of The SCO Group, traded over the counter in the Pink Sheets (SCOXQ). The Me Inc., product line focuses on creating mobile platforms, services and solutions for businesses, consumers and social networks while enhancing the productivity of mobile workers.

    Me Inc. is an emerging leader in real-time mobile software technology, platform and applications development. Shout Postcard uses its unique Mobile Server platform to develop mobile applications that provide rich functionality, a sophisticated architecture and unparalleled user experiences for consumers, prosumers and business customers. The Me Inc. technology uses SOA architecture to develop mobile applications and solutions that are ubiquitous in nature and compatible with all carrier networks. Me Inc. has been building mobile collaboration solutions since 2005 and brings its platform and applications to the market at a time of great opportunity.

    Headquartered in Lindon, Utah, Me Inc., has a worldwide network of resellers and developers. Me Inc., Global Services provides reliable localized support and services to partners and customers. For more information on Me Inc., products and services, visit http://www.me-inc.com/.

    Me Inc., and the associated logos are trademarks or registered trademarks of The SCO Group, Inc. in the U.S. and other countries. The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited. Facebook and related marks, images and symbols are the exclusive properties and trademarks of Facebook. Treo and related marks, images and symbols are the exclusive properties of Palm.

    Me Inc.

    CONTACT: Deborah Gillman of Me Inc., +1-801-932-5302,
    dgillman@me-inc.com

    Web site: http://www.me-inc.com/
    http://www.sco.com/
    http://www.shoutpostcard.com/




    Diamond Management & Technology Consultants, Inc. to Present at Upcoming Investor Conferences

    CHICAGO, Feb. 21 /PRNewswire-FirstCall/ -- Diamond Management & Technology Consultants, Inc. , a premier global management and technology consulting firm, announces its participation in two upcoming investor conferences.

    On Monday, February 25th, Diamond will participate in the Credit Suisse 10th Annual Global Services Conference. Management will deliver a presentation to attendees at 8:00 a.m. MT. The conference will take place at the Arizona Biltmore Resort & Spa in Phoenix, Arizona.

    On Thursday, April 3, Diamond will participate in the B. Riley 9th Annual Investor Conference. Management will deliver a presentation to attendees at 10:30 am PT. The conference will take place at the Palms Casino Resort in Las Vegas, Nevada.

    A live audio webcast of both presentations can be accessed at the investor relations section of http://www.diamondconsultants.com/. A reply will be available approximately two hours after the webcast and 30 days thereafter.

    About Diamond

    Diamond is a management and technology consulting firm. Recognizing that information and technology shape market dynamics, Diamond's small teams of experts work across functional and organizational boundaries to improve growth and profitability. Since the greatest value in a strategy, and its highest risk, resides in its implementation, Diamond also provides proven execution capabilities. We deliver three critical elements to every project: fact-based objectivity, spirited collaboration, and sustainable results. Diamond is headquartered in Chicago, with offices in New York, Washington, D.C., Hartford, London and Mumbai. Diamond is publicly traded on the Nasdaq Global Select Market under the symbol "DTPI." To learn more, visit http://www.diamondconsultants.com/.

    Diamond Management & Technology Consultants, Inc.

    CONTACT: Margaret Boyce, +1-312-255-5784,
    margaret.boyce@diamondconsultants.com, or David Moon, +1-312-255-4560,
    David.moon@diamondconsultants.com, both of Diamond Management & Technology
    Consultants, Inc.

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




    Perot Systems to Present at the Credit Suisse 10th Annual Global Services Conference

    PLANO, Texas, Feb. 21 /PRNewswire-FirstCall/ -- Perot Systems Corporation today announced that it will present at the Credit Suisse 10th Annual Global Services Conference on Wednesday, February 27, 2008 at 1:00 pm EST (11:00 am MST). Interested parties may access the webcast via the company's web site at http://www.perotsystems.com/.

    About Perot Systems

    Perot Systems is a worldwide provider of information technology services and business solutions. Through its flexible and collaborative approach, Perot Systems integrates expertise from across the company to deliver custom solutions that enable clients to accelerate growth, streamline operations and create new levels of customer value. Headquartered in Plano, Texas, Perot Systems reported 2007 revenue of $2.6 billion. The company has more than 22,000 associates located in North America, Europe, and Asia. Additional information on Perot Systems is available at http://www.perotsystems.com/.

    Media Contact: Joe McNamara phone: (972) 577-6165 fax: (972) 577-4484 joe.mcnamara@ps.net Investor Contact: John Lyon phone: (972) 577-6132 fax: (972) 577-6791 john.lyon@ps.net

    Perot Systems Corporation

    CONTACT: Media, Joe McNamara, +1-972-577-6165, fax, +1-972-577-4484,
    joe.mcnamara@ps.net, or Investors, John Lyon, +1-972-577-6132, fax,
    +1-972-577-6791, john.lyon@ps.net, both of Perot Systems Corporation

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

    Company News On-Call: http://www.prnewswire.com/comp/122686.html




    NASA and Northrop Grumman Partner to 'Measure The Immeasurable' in Climate Change and Planetary Science

    GREENBELT, Md., Feb. 21 /PRNewswire-USNewswire/ -- Answering bold questions about life and climate on Earth and other planets is the goal behind a new Space Act Agreement signed today between NASA Goddard Space Flight Center and Northrop Grumman's Electronic Systems sector in a ceremony in the Miller Senate Building, Presidential Conference Center West at the Maryland State Capitol in Annapolis.

    Through the agreement, researchers from the two Maryland-based organizations will collaborate on the development of advanced civil radar system architectures that can be leveraged into new space-based remote sensing instruments with revolutionary performance characteristics. These systems will help scientists measure with far greater accuracy, precision, and detail such things as the three-dimensional structure of Mars and other planets and heavenly bodies, as well as cloud composition and other characteristics on Earth to better understand climate change.

    "We are bringing together two of Maryland's biggest employers for a project that has major implications for NASA and our understanding of Earth and the solar system in which we live," said Goddard Director Dr. Edward Weiler.

    To make this technology a reality, Goddard plans to leverage Northrop Grumman's radar technology -- including space-qualified electronically scanned arrays, wideband electronics, and lightweight mesh antenna technology -- and combine it with its own remote sensing expertise, testing facilities, and insight into applications that would help scientists answer key space and Earth science questions.

    "This is a strategic partnership that blends the best of Goddard's and Northrop Grumman's advanced sensing capabilities," said Dr. Laurie Leshin, Goddard's Deputy Director of Science and Technology. "Our goal is to expand NASA's instrument technologies, while advancing new and innovative space-based mission concepts capable of making critical science observations in support of NASA goals."

    "Through this partnership, we can further develop and adapt our strong radar technologies to meet a variety of Earth and planetary science needs," said Joseph J. Ensor, vice president and general manager of Northrop Grumman's Space & ISR Systems Division. "By pursuing joint research and development, Northrop Grumman and Goddard will also be able to explore new climate-related opportunities that arise."

    Through this collaboration, researchers at Goddard and Northrop Grumman hope to demonstrate the feasibility of a smaller, lighter, less costly radar system for science and exploration initiatives.

    "The mass, power, and other requirements of current planetary radar remote sensing instruments make them extremely challenging and costly to fly to Mars and icy moons such as Europa and Titan," said Dr. James Garvin, Goddard's planetary science lead on the agreement. "Having the compact, agile, and scientifically versatile technology that this agreement will produce can help us achieve entirely new, ultra-high resolution measurements of the surfaces and shallow interiors of not only Mars but also of icy satellites, asteroids, Venus, and Mercury, in a cost-effective fashion."

    Garvin went on to explain how combining forces would enable missions to measure what is currently immeasurable here on Earth and on other planets in our solar system. "For example, we think the ice caps on Mars are a virtual record book of the planet's climatic history. But in order to really understand what's written there, we need to see into the ice caps at much higher resolution than is currently possible. The technology we're working on would help us peel back the layers of this climate data to better address the habitability of Mars."

    Not only would the systems resulting from the partnership revolutionize the study of other planets, but they would also be a huge leap forward in helping Earth scientists understand climate change and the carbon cycle on our home planet.

    "The current state of the art for measuring carbon biomass in forests involves measuring tree-trunk diameters with tape measures," said Dr. Peter Hildebrand, Goddard's Earth science lead on the collaborative project. "Since forests are huge, we obviously have a sampling problem. If instead we could use an advanced radar system to measure this from space, it would greatly improve our ability to measure the changes in forest carbon biomass as the climate changes."

    Hildebrand said such sensing technology could also enable scientists to better understand the forces impacting climate change. "A smarter radar may be able to intelligently scan the atmosphere on the broad scale as well as concentrate more observations on areas where something important is happening, such as changes in cloud and precipitation characteristics," said Hildebrand. "We hope that this will improve our understanding of the relationship between radiation, weather, and climate, and thereby allow us to do a better job of forecasting what will happen in the future."

    For example, in the current debate as to whether a rising climate causes more intense hurricanes, Hildebrand noted, "A better space weather radar may help explain which weather systems can grow into hurricanes, and which ones will not, and also to understand how ocean and atmospheric conditions feed into the genesis of hurricanes. This will improve forecasting of hurricanes and their track and intensity."

    Located in the Washington, DC suburb of Greenbelt, Maryland, NASA Goddard Space Flight Center is home to the nation's largest organization of combined scientists and engineers dedicated to learning and sharing their knowledge of the Earth, solar system, and universe through observations from space.

    Northrop Grumman Corporation is a $32 billion global defense 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.

    NASA

    CONTACT: Mark Hess, +1-301-286-6255, mark.s.hess@nasa.gov, or Dewayne
    Washington, +1-301-286-0040, Dewayne.A.Washington@nasa.gov, both of NASA
    Goddard Space Flight Center, Greenbelt, Md.; or Tom Delaney of Northrop
    Grumman Electronic Systems, +1-410-993-6454, thomas.delaney@ngc.com

    Web Site: http://www.nasa.gov/




    TDS and U.S. Cellular to Present at Merrill Lynch Communications Services Forum 2008

    CHICAGO, Feb. 21 /PRNewswire-FirstCall/ -- Telephone and Data Systems, Inc. and United States Cellular Corporation will present jointly at the Merrill Lynch Communications Services Forum 2008 in New York City on Feb. 27, 2008.

    Kenneth R. Meyers, TDS executive vice president and chief financial officer, and Thomas S. Weber, U.S. Cellular vice president - strategy, will present at 9:00 a.m., 10:00 a.m., and 11:00 a.m. EST. Mark A. Steinkrauss, TDS vice president of corporate relations, will also attend.

    The presentation will be available via live webcast or on demand. To access the webcast, please visit the Presentations page of http://www.teldta.com/ at least 15 minutes prior to the scheduled presentation to register and download any necessary multimedia streaming software.

    About TDS

    TDS is a diversified telecommunications corporation founded in 1969. Through its business units, U.S. Cellular and TDS Telecom, TDS operates primarily by providing wireless, local telephone and broadband services. As of Sept. 30, 2007, the company employed 11,700 people and served 7.3 million customers/units in 36 states.

    About U.S. Cellular

    As of Sept. 30, 2007, U.S. Cellular Corporation, the nation's sixth-largest wireless service carrier, employed 8,200 associates and provided wireless service to 6.1 million customers in 26 states. The Chicago-based company operates on a customer satisfaction strategy, meeting customer needs by providing a comprehensive range of wireless products and services, superior customer support, and a high-quality network.

    For more information, please visit http://www.teldta.com/ or http://www.uscellular.com/.

    Telephone and Data Systems, Inc.; United States Cellular Corporation

    CONTACT: Julie D. Mathews, Manager, Investor Relations of Telephone and
    Data Systems, Inc., +1-312-592-5341, julie.mathews@teldta.com

    Web site: http://www.teldta.com/
    http://www.uscellular.com/




    SureWest Communications Appoints Ken Johnson Vice President and General Manager of Operations for Everest Broadband

    ROSEVILLE, Calif., Feb. 21 /PRNewswire-FirstCall/ -- Leading independent communications holding company SureWest Communications announced today it has named Ken Johnson to the position of vice president and general manager of operations for Everest Broadband, Inc. In this role, Johnson will report to SureWest's Senior Vice President and Chief Operating Officer Fred Arcuri and oversee all day-to-day operations of Everest from its division headquarters in Lenexa, Kansas.

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

    Johnson was promoted to this new role after spending the last seven years as an executive at Everest, most recently serving as chief technology officer responsible for all design, engineering, technical support, field operations and construction activity. Prior to joining Everest in 2000, Johnson served as Aquila's director of network architecture and distributed computing, responsible for designing, deploying and maintaining a large multi-national communications and distributed computing network for the Kansas City, Missouri-based electric and natural gas distribution company. Johnson has over 20 years of progressive technical experience in various industries and among his extensive technical credentials is a certified network engineer.

    "Ken brings exceptional management experience to his new role and a proven track record of growing businesses," said Steve Oldham, SureWest's president and chief executive officer. "Everest has tremendous residential and business consumer growth potential in the Kansas City region and will provide SureWest with essential geographic diversity as we continue to grow and transform our company into the most advanced triple-play provider in the markets we serve. We look forward to Ken's leadership and knowledge as we enter the next exciting chapter in SureWest's history."

    SureWest acquired 100 percent of the stock of Everest for a purchase price of $173 million in a transaction that closed on February 13, 2008. The acquisition more than doubles SureWest's triple-play residential subscriber base and facilitates the rapid expansion of its business services.

    About SureWest Communications

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

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

    Photo: http://www.newscom.com/cgi-bin/prnh/20050908/SFSUREWESTLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com SureWest Communications

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

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




    /C O R R E C T I O N -- comScore, Inc./In the news release, "comScore, Inc. (Nasdaq: SCOR) Media Metrix Releases Top 50 Web Rankings for January," issued Monday, Feb. 18, over PR Newswire, we are advised by the company that there are changes to the paragraph "Top 50 Properties" as-well-as the corresponding table "comScore Top 50 Properties." The complete, corrected release follows:comScore Media Metrix Releases Top 50 Web Rankings for JanuaryPreparing for Tax Season Ranks as Top Priority as Americans Begin the New YearPolitics, Careers, Real Estate, and Travel Also Witness Strong Growth

    RESTON, Va., Feb. 18 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released its monthly analysis of U.S. consumer activity at top online properties for January 2008 from the comScore Media Metrix service. The month saw increased visits to tax, politics, career, real estate and travel-related sites.

    "The new year represents a time for Americans to reflect on the past year and plan for the coming year, whether it's searching for a new job, a new residence, or preparing for tax season," said Jack Flanagan, executive vice president of comScore Media Metrix. "There was also a huge surge in activity at political content sites as the Democratic and Republican presidential primaries kicked off with the Iowa caucuses in early January."

    Tax Preparation Causes Category to Surge

    The official beginning of tax season sent Americans online in droves, driving the tax category up 202 percent to more than 23 million visitors, making it the top-gaining category in January. IRS.gov led the category with 12.5 million visitors (up 181 percent), followed by TaxACT with 5.8 million visitors (up more than 1,000 percent), and H&R Block with 5.3 million visitors (up 312 percent).

    Heated Presidential Primaries Boost Traffic to Politics Sites

    As the presidential primaries kicked off, the politics category jumped 65 percent to 13.8 million visitors as Americans went online for news coverage and opinions and to visit candidate Web sites. BarackObama.com led the category with 2.2 million visitors, up 429 percent from December, followed by HillaryClinton.com with 1.1 million visitors (up 202 percent). On the Republican side, MikeHuckabee.com attracted 937,000 visitors, up 96 percent, while JohnMcCain.com grew 261 percent to 596,000 visitors.

    New Year = New Career, Americans Search the Web for Jobs

    As many Americans reevaluated their current career situations with the New Year, the career services and development category experienced a 31-percent gain for the month. The category was led by CareerBuilder LLC with 24.8 million visitors, followed by Yahoo! HotJobs with 17.4 million visitors and Monster with 17.1 million visitors.

    Real Estate Category Experiences Seasonal Growth

    Concerns over a shaky real estate market, along with those resolving to move residences in 2008, precipitated a 28-percent gain to 42 million visitors to the real estate category in January. Move Network led the category with 10.1 million visitors (up 49 percent), followed by Yahoo! Real Estate with 4.6 million visitors (50 percent), and Rent.com with 3.5 million visitors (up 51 percent).

    Winter Weather Prompts Vacation Planning

    Travel-related sites experienced an increase in traffic as people looked to escape the winter doldrums and take advantage of post-holiday travel deals. Ground/cruise sites gained 27 percent to 11.3 million visitors, while car rental sites grew 26 percent to 5.1 million visitors, and hotels/resorts gained 23 percent to nearly 31 million visitors.

    Top 50 Properties

    Yahoo! Sites continued to lead as the top property with more than 138 million visitors, followed by Google Sites with nearly 135 million visitors and Microsoft Sites with 119 million visitors. Beginning with January comScore Media Metrix data, Time Warner Network has now been divided into AOL LLC, which includes all AOL related entities, and Time Warner - Excluding AOL. During the month, large increases were experienced by the following properties; Disney Online (up five spots to position 21) and Expedia Inc. (up nine spots to 32). CareerBuilder LLC entered the ranking this month grabbing position 27.

    Top 50 Ad Focus Ranking

    Platform A, the ad network combining Advertising.com, Tacoda, AOL, and Quigo, debuted this month in the top spot in the Ad Focus Ranking, reaching 91 percent of the more than 184 million Americans online. Substantial gains were achieved by Adconion Media Group (up four spots to 14), PrecisionClick (up six spots to 35), and Kontera (up four spots to 36). Three entities joined the ranking this month; Turn, Inc., IACAS Network, and CNN.

    comScore Top 10 Gaining Properties by Percentage Change in Unique Visitors* (U.S.) January 2008 vs. December 2007 Total U.S. - Home, Work and University Locations Source: comScore Media Metrix Total Unique Visitors (000) Dec-07 Jan-08 % Change Rank by Unique Visitors Total Internet: Total Audience 183,619 184,239 0 N/A TaxACT 421 5,803 1,277 182 H&R Block 1,294 5,337 312 201 IRS.GOV 4,442 12,495 181 82 Kayak.com Network 3,234 6,871 112 150 Intuit 7,096 14,979 111 64 Weight Watchers International 2,287 4,552 99 240 PCH.COM 4,900 8,953 83 108 CareerBuilder LLC 13,914 24,752 78 27 Job.com Sites 3,567 5,654 59 190 ED.GOV 4,314 6,828 58 152 *Ranking based on the top 250 properties in January 2008 comScore Top 10 Gaining Categories by Percentage Change in Unique Visitors (U.S.) January 2008 vs. December 2007 Total U.S. - Home, Work and University Locations Source: comScore Media Metrix Total Unique Visitors (000) Dec-07 Jan-08 % Change Total Internet: Total Audience 183,619 184,239 0 Taxes 7,729 23,336 202 Politics 8,384 13,807 65 Career Services and Development 49,150 64,144 31 Real Estate 32,747 41,991 28 Ground/Cruise 8,909 11,303 27 Car Rental 4,065 5,130 26 Retail - Computer Software 26,756 33,548 25 Financial Information/Advice 32,109 39,792 24 Hotels/Resorts 25,131 30,958 23 Online Travel Agents 34,581 42,530 23 comScore Top 50 Properties (U.S.) January 2008 Total U.S. - Home, Work and University Locations Unique Visitors (000) Source: comScore Media Metrix Rank Property Unique Rank Property Unique Visitors Visitors (000) (000) Total Internet: Total Audience 184,239 1 Yahoo! Sites 138,059 26 Superpages.com Network 26,237 2 Google Sites 134,886 27 CareerBuilder LLC 24,752 3 Microsoft Sites 119,297 28 Glam Media 24,626 4 AOL LLC 109,442 29 Shopzilla.com Sites 24,210 5 Fox Interactive Media 83,752 30 Monster Worldwide 24,185 6 eBay 78,789 31 CBS Corporation 23,643 7 Amazon Sites 59,003 32 Expedia Inc 23,454 8 Wikipedia Sites 55,589 33 Gannett Sites 22,997 9 Time Warner - Excluding AOL 52,645 34 Bank of America 22,990 10 Ask Network 52,102 35 Yellowpages.com Network 22,869 11 New York Times Digital 48,471 36 United Online, Inc 22,065 12 Apple Inc. 48,413 37 E.W. Scripps 20,952 13 Viacom Digital 42,011 38 Photobucket.com LLC 20,497 14 Weather Channel, The 40,478 39 Real.com Network 19,747 15 CNET Networks 34,859 40 Lycos Sites 19,484 16 Facebook.com 33,861 41 WebMD Health 19,219 17 Adobe Sites 31,169 42 ESPN 19,166 18 Wal-Mart 30,747 43 WorldNow - ABC Owned Sites 19,115 19 AT&T, Inc. 27,890 44 NBC Universal 17,828 20 Target Corporation 27,874 45 Best Buy Sites 17,813 21 Disney Online 27,524 46 Weatherbug Property 17,456 22 Verizon Communications Corporation 27,220 47 iVillage.com: The Womens Network 17,383 23 Gorilla Nation 27,119 48 Cox Enterprises Inc. 17,286 24 Comcast Corporation 27,068 49 AmericanGreetings Property 16,771 25 Craigslist.org 26,660 50 Hearst Corporation 16,708 comScore Ad Focus Ranking (U.S.) January 2008 Total U.S. - Home, Work and University Locations Unique Visitors (000) Source: comScore Media Metrix Rank Property Unique Reach% Rank Property Unique Reach% Visitors Visitors (000) (000) Total Internet: Total Audience 184,239 100.0 1 Platform-A** 166,763 91% 26 Vibrant Media** 75,953 41% 2 Advertising.com**+ 163,837 89% 27 CPX Interactive** 71,667 39% 3 Yahoo! Network** 155,822 85% 28 MySpace.com* 68,641 37% 4 Google Ad Network**143,200 78% 29 Ebay.com 66,861 36% 5 Specific Media** 142,290 77% 30 Gorilla Nation Media 65,282 35% 6 ValueClick Networks** 137,548 75% 31 YouTube.com 61,375 33% 7 Yahoo! 136,243 74% 32 Undertone Networks** 59,273 32% 8 Tribal Fusion** 131,840 72% 33 MSN.com Home Page 58,548 32% 9 Google 126,569 69% 34 Ask Network 52,102 28% 10 Casale Media Network** 121,893 66% 35 PrecisionClick** 51,156 28% 11 AOL Media Network 109,442 59% 36 Kontera** 50,481 27% 12 MSN-Windows Live 103,424 56% 37 Amazon.com 48,324 26% 13 DRIVEpm** 102,085 55% 38 Business.com Network 48,181 26% 14 adconion media group** 98,378 53% 39 AdDynamix.com** 46,625 25% 15 Yahoo.com Home Page 95,460 52% 40 MapQuest 44,537 24% 16 Traffic Marketplace** 95,254 52% 41 Turn, Inc** 42,103 23% 17 Tremor Media 93,929 51% 42 YuMe Video Network 41,666 23% 18 AOL 91,005 49% 43 About 41,487 23% 19 24/7 Real Media** 90,483 49% 44 Ebay.com Home Page 39,169 21% 20 ADSDAQ by ContextWeb** 88,984 48% 45 Vizi Media** 38,066 21% 21 Burst Media** 88,097 48% 46 IACAS Network 37,526 20% 22 AdBrite** 85,308 46% 47 The Nabbr Network 36,643 20% 23 Collective Media** 79,832 43% 48 Facebook.com 33,861 18% 24 interCLICK** 79,369 43% 49 Weather.com 31,464 17% 25 Centro 78,460 43% 50 CNN 29,157 16% Reach % denotes the percentage of the total Internet population that viewed a particular entity at least once in January. For instance, Yahoo! was seen by 74 percent of the more than 184 million Internet users in January. * Entity has assigned some portion of traffic to other syndicated entities. ** Denotes an advertising network. + Advertising.com is also included in the Platform A entity beginning with January 2008 Media Metrix data. About comScore Media Metrix

    comScore Media Metrix provides industry-leading Internet audience measurement services that report details of online media usage, visitor demographics and online buying power for the home, work and university audiences across local U.S. markets and across the globe. comScore Media Metrix reports are used by financial analysts, advertising agencies, publishers and marketers. comScore Media Metrix syndicated ratings are based on industry-sanctioned sampling methodologies.

    About comScore

    comScore, Inc. is a global leader in measuring the digital world. For more information, please visit http://www.comscore.com/boilerplate

    comScore, Inc.

    CONTACT: Sarah Radwanick of comScore, Inc., +1-312-775-6538,
    press@comscore.com

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




    RT Logic Announces Powerful Low-Cost Modular Signal Processor for Satellite CommunicationsGenerates Signals, Applies Propagation Effects and Analyzes Results

    COLORADO SPRINGS, Colo., Feb. 21 /PRNewswire-FirstCall/ -- RT Logic, a wholly-owned subsidiary of Integral Systems, Inc. , today announced the availability of its new T400MSP Modular Signal Processor for satellite communications research, training, and analysis.

    The T400MSP is well-suited for commercial, military, university research, training and analysis applications because of its innovative combination of signal generation, propagation path dynamics, and signal analysis technologies. With additional RT Logic hardware and software, the T400MSP moves easily into operational situations, minimizing operator re-training and maximizing component reusability.

    RT Logic will demonstrate the T400MSP at the Satellite 2008 Conference and Exhibition, booth 455, on February 26-28, 2008 in Washington, DC.

    The T400MSP produces high-accuracy, multi-channel uplink/downlink signals using any combination of BPSK, QPSK, 8PSK, MSK, FSK, AM, FM, and CW modes. In addition, the T400MSP applies static or dynamic propagation path attributes such as Doppler Shift, Range Attenuation, Range Delay, and Fading.

    A powerful, yet low-cost integrated spectrum analyzer is focused on satellite signal operations, and includes detailed signal examination and analysis capabilities. Intuitive modulation analysis includes constellation diagrams, as wells as automatic continuous determination of modulation type, symbol rate, C/No, Eb/No, C/I, and bit error rate. Sophisticated interference tools, including carrier-under-carrier analysis, is also available.

    Highly portable, the T400MSP is self-contained in a 5U rack-mountable chassis, requiring only an external VGA display, keyboard, and mouse. The T400MSP is controllable from its front panel software, through a web- accessible GUI, or by TCP/IP commands.

    The T400MSP is competitively priced at only a fraction of the cost of the general purpose test and measurement equipment required to perform even the most basic T400MSP functions.

    A member of RT Logic's expanding Telemetrix(R) product line, the T400MSP is now available to system developers, educators, and researchers for digital modulation training and analysis, propagation path effect study, and interference identification.

    ABOUT RT LOGIC

    RT Logic is a leading provider of products for ground-based applications, primarily for satellite and launch range operations. Known for exceptional innovation, performance, and support, RT Logic has delivered more than 2000 systems since its inception in 1997. RT Logic offers a complete line of Telemetrix(R) products used in systems for widely varied control center, ground antenna, and range applications. Since October 2002, RT Logic has operated as a wholly-owned subsidiary of Integral Systems, Inc.

    ABOUT INTEGRAL SYSTEMS

    Founded in 1982, Integral Systems is a leading provider of satellite ground systems and has supported more than 205 different satellite missions for communications, science, meteorological, and earth resource applications. Integral Systems was the first company to offer an integrated suite of COTS (Commercial Off-the-Shelf) software products for satellite command and control: the EPOCH IPS (Integrated Product Suite) product line. EPOCH IPS has become the world market leader in commercial applications with successful installations on five continents.

    Through its wholly-owned subsidiary, SAT Corporation, Integral Systems provides satellite and terrestrial communications signal monitoring systems to satellite operators and users throughout the world. Through its Newpoint Technologies, Inc., subsidiary, Integral Systems also provides software for equipment monitoring and control to satellite operators and telecommunications firms. Integral Systems' Lumistar, Inc., subsidiary provides system- and board-level telemetry acquisition products. Integral Systems has approximately 500 employees working at its headquarters in Lanham, MD, and at other locations in the U.S. and Europe. For more information, visit http://www.integ.com/.

    Integral Systems, Inc.

    CONTACT: Steve Williams, Business Area Manager of RT Logic,
    +1-719-598-2801, sales@rtlogic.com; or Shany Seawright of Strategic
    Communications Group, +1-240-485-1081, sseawright@gotostrategic.com, for
    Integral Systems, Inc.

    Web site: http://www.integ.com/
    http://www.rtlogic.com/




    PacificNet Octavian Receives Euro 1.76 million Electronic Gaming Machines Order for Russia Market

    LONDON, Feb. 21 /Xinhua-PRNewswire-FirstCall/ -- PacificNet, Inc. , a leading provider of gaming technology, Customer Relationship Management (CRM) and e-commerce in China, announced today that its Octavian International Limited ("Octavian") subsidiary has secured a 1.76 million Euro order to supply the latest Super V+ Gaminator gaming machines to the Russian market.

    The order is worth around 1.76 million Euros with the machines being delivered over a period of four months, starting in March 2008. The Octavian- supplied Super-V+ Gaminators will be among the first to be installed in Russian gaming venues, having only been introduced to the gaming world at ICE last month.

    According to AGI (Austrian Gaming Industries GmbH), one of the leading European gaming manufacturers, the new machine "epitomizes the next generation standard cabinet for international markets". The stylish new Super-V+ cabinet is equipped for Coolfire(TM) II single games as well as multi-games and comes with panoramic displays in extra-wide screen format, multi-denomination and multi-lingual options and offers dynamic audio performance through subwoofers as well as an active satellite speaker system.

    Brett Clark, General Manager of Octavian Moscow said, "In view of the recent legislative uncertainties in the Russian market, an order such as this, while by no means our largest order of the year, is a sign that the market here is starting to look to the future. The Super-V+ Gaminator features state- of-the-art video gaming technology and when paired with the new Coolfire II games provides a top casino attraction and an exciting investment for operators."

    OctaSupplies, a division of Octavian, operates as a one-stop-shop for leading casinos and operators for casino, gaming and amusement equipment. Other brands in the OctaSupplies portfolio include Novomatic, IGT, FutureLogic, Money Controls, Wyndsor and Octavian's own Maverick gaming machine and games kit.

    About PacificNet

    PacificNet, Inc. is a leading provider of gaming and mobile game technology worldwide. Having established itself with e-commerce and Customer Relationship Management (CRM) solutions for the Chinese market, the company has diversified to focus on systems and games development for the global gaming market. Through its highly experienced gaming subsidiaries including PactGames, Take1 Technologies and Octavian International, PacificNet is able to offer world-leading solutions in casino equipment supply and the development, installation and support of systems and game content for the casino, lottery and AWP markets. Positioning itself as the systems integrator for the gaming industry, with a special focus on the emerging markets, PacificNet enables customers to integrate gaming operations, linking electronic gaming machines, tables and larger networks so that operators can build efficient and highly attractive gaming operations that drive revenue growth and profit opportunity for operators and enhance the customer experience. PacificNet's gaming clients include leading hotels, casinos, and gaming operators in Asia, Europe, Latin America, Russia and other gaming markets around the world. The company employs around 1,800 staff in its various subsidiaries with offices in Argentina, Australia, China, Colombia, Germany, Hong Kong, India, Italy, Russia, Ukraine, UK and the US.

    Safe Harbor Statement

    This Company's announcement contains forward-looking statements. We may also make written or oral forward-looking statements in our periodic reports to the SEC on Forms 10-K, 10-Q, 8-K, etc., in our annual report to shareholders, in our proxy statements, in press releases and other written materials and in oral statements made by our officers, directors or employees to third parties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, PacificNet's historical and possible future losses, limited operating history, uncertain regulatory landscape in China, and fluctuations in quarterly and annual operating results. Further information regarding these and other risks is included in PacificNet's Form 10K and other filings with the SEC.

    For more information, please contact: If to PacificNet: PacificNet USA office: Jacob Lakhany Tel: +1-605-229-6678 Email: investor@pacificnet.com If to Octavian: Octavian International Helen Hedgeland Tel: +44-0-1483-543-543 Email: H.Hedgeland@octavianonline.co.uk

    PacificNet, Inc.

    CONTACT: Jacob Lakhany at the PacificNet USA office, +1-605-229-6678,
    investor@pacificnet.com; or Helen Hedgeland of Octavian International,
    +44-0-1483-543-543, H.Hedgeland@octavianonline.co.uk

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




    Thomson Scientific Announces Strategic Alliance With Collexis to Develop Custom Data Mining Solution for Web of Science Users

    PHILADELPHIA and LONDON, February 21 /PRNewswire/ --

    - Thomson Collexis Dashboard to Provide Scientists and Researchers with Deep Analysis, Trending, and Visualization of Published Information

    Thomson Scientific, part of The Thomson Corporation (NYSE: TOC; TSX: TOC) and leading provider of information solutions to the worldwide research and business communities, and Collexis Holdings Inc. (OTC Bulletin Board: CLXS), a developer of high definition search and knowledge discovery software, today announced plans to join together Collexis' Knowledge Dashboard with Thomson Scientific's Web of Science to create a custom data mining solution for the research community.

    Called the Thomson Collexis Dashboard, it will provide enhanced knowledge discovery for the academic and government R&D communities. By merging Thomson Scientific's Web of Science data with the Collexis Knowledge Dashboard, users will have the ability to identify and search for documents, experts and trends, and make new discoveries more quickly, accurately and deeply than via conventional search engines.

    "By marrying the data and functionality of our technology and domain expertise in the life sciences with Thomson Scientific's extensive research journal database, we are enabling users to take their research to the next level," said Bill Kirkland, CEO of Collexis Holdings, Inc. "The Thomson Collexis Dashboard will offer expanded capabilities for researchers to search and analyze journals and cited research back to 1985, as well as use this unique resource to discover emerging research paths, new hypotheses and experts."

    The Thomson Collexis Dashboard is a custom software and information solution that enables scientists to analyze large numbers of publications concerning a defined topic swiftly and efficiently, and filter the essential information. Additionally, it allows researchers to explore existing knowledge concepts and provides proactive suggestions about the direction of research across a topic or by category. It also includes multiple thesauri that allow different points of view on the same data and subject navigation. A time-saving solution for scientists, the Thomson Collexis Dashboard includes summarized information which is not to be found in any system currently available, and provides identification of experts across categories on multiple subsets of the literature instantly -- including their relevant social network.

    The Web of Science provides seamless access to current and retrospective multidisciplinary information from close to 9,500 of the most prestigious, high impact research journals in the world. Web of Science also provides a unique search method through cited reference searching. With it, users can navigate forward, backward, and through the literature, searching all disciplines and time spans to uncover all the information relevant to their research. Users can also navigate to electronic full-text journal articles.

    "Thomson Scientific is dedicated to providing our customers with powerful ways to mine the published literature," said Dave Kochalko, vice president, business strategy at Thomson Scientific. "Turning the Collexis engine on Web of Science will expose new insights and give users the tools to make ground breaking discoveries on specific topics in the life sciences, such as Alzheimer's or Diabetes, or any research discipline."

    For more information about an upcoming web overview of the custom designed dashboards for Web of Science, please e-mail: info@collexis.com

    About Collexis Holdings, Inc.

    Collexis Holdings, Inc., a leading developer of high definition search and knowledge discovery software since 1999, headquartered in Columbia, South Carolina (USA) with major operations in Cincinnati, Ohio, Geldermalsen, the Netherlands and Cologne, Germany. Collexis now offers the world's first pre-populated professional social network for life science researchers, http://www.biomedexperts.com. Collexis' proprietary technology builds conceptual profiles of text, called Fingerprints, from documents, Websites, emails and other digitized content and matches them with a comprehensive list of pre-defined "fingerprinted" concepts to make research results more relevant and efficient. This matching of concepts eliminates the ambiguity and lack of priority associated with word searches. The results are often described as "finding needles in many haystacks." Through this novel approach, Collexis can build unique applications to search, index and aggregate information as well as prioritize, trend and predict data based on sources in multiple industries without the limitations of language or dialect. Collexis' current clients in the public, private and academic sectors include the Mayo Clinic; Johns Hopkins University; the University of California, San Francisco; the University of South Carolina; Erasmus University Library; Bristol-Myers Squibb; Lockheed Martin; the World Health Organization; Wellcome Trust; the National Institutes of Health; and the U.S. Department of Defense. Shares of Collexis common stock are traded under the symbol CLXS on the OTC Bulletin Board (OTC BB). For more information, visit www.collexis.com.

    About The Thomson Corporation

    The Thomson Corporation (www.thomson.com) is a global leader in providing essential electronic workflow solutions to business and professional customers. With operational headquarters in Stamford, Conn., Thomson provides value-added information, software tools and applications to professionals in the fields of law, tax, accounting, financial services, scientific research and healthcare. The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).

    Thomson Scientific is a business of The Thomson Corporation. Its information solutions assist professionals at every stage of research and development-from discovery to analysis to product development and distribution. Thomson Scientific information solutions can be found at scientific.thomson.com.

    Web site: http://www.scientific.thomson.com http://www.thomson.com http://www.collexis.com http://www.biomedexperts.com

    Thomson Scientific

    Sue Besaw of Thomson Scientific, +1-215-823-1840, or susan.besaw@thomson.com; or Darrell W. Gunter, EVP-CMO of Collexis Holdings, Inc., +1-973-454-3475, or +1-803-727-1113, or gunter@collexis.com




    Belden Declares Regular Quarterly Dividend

    ST. LOUIS, Feb. 21 /PRNewswire-FirstCall/ -- Today, the Board of Directors of Belden declared a regular quarterly dividend of five cents per share payable on April 2, 2008 to all shareholders of record as of March 13, 2008. The Company has also established May 22, 2008 as the date for its annual meeting of shareholders.

    About Belden

    Belden is a leader in the design, manufacture, and marketing of signal transmission solutions for data networking and a wide range of specialty electronics markets including entertainment, industrial, security and aerospace applications. To obtain additional information contact Investor Relations at 314-854-8054, or visit our website at http://www.belden.com/.

    Belden Dee Johnson Director, Investor Relations and Corporate Communications 314.854.8054

    Belden

    CONTACT: Dee Johnson, Director, Investor Relations and Corporate
    Communications of Belden, +1-314-854-8054

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




    Emageon Names John Wilhoite as Chief Financial Officer

    BIRMINGHAM, Ala., Feb. 21 /PRNewswire-FirstCall/ -- Emageon Inc. , a leader in enterprise medical information technology systems for hospitals and health care networks, announced today that John Wilhoite has been named Chief Financial Officer and Treasurer, effective March 31, 2008.

    Mr. Wilhoite, age 56, has served as the Vice President of Finance and Controller of the Company since March 2006, and also as its Secretary since early 2007. Before coming to Emageon, he served as Chief Financial Officer of Telairity Semiconductor Corp., a manufacturer of video processing solutions for broadcast and professional video applications. Earlier, Mr. Wilhoite served as Vice President of Finance and Chief Financial Officer of Integrated Defense Technologies, Inc., a developer and provider of advanced electronics and technology products to the defense and intelligence industries. Before joining Integrated Defense Technologies, he held various management and executive management positions (including Executive Vice President and Chief Financial Officer) with Intergraph Corporation, a technical solutions and systems integration services company. Mr. Wilhoite's experience includes twelve years in public accounting with PricewaterhouseCoopers LLP. Mr. Wilhoite earned his bachelor's degree from the University of Tennessee.

    "We are very pleased to name John to this new responsibility," said Chuck Jett, Emageon's Chairman, CEO & President. "We appreciate the value John brings to the position, especially his broad public company experience."

    Mr. Wilhoite will succeed Randy Pittman, who is departing Emageon effective March 31, 2008 to pursue other opportunities outside of Emageon's business sector. Chuck Jett stated, "The Board of Directors and I thank Randy for his many years of dedicated service to Emageon and wish him the very best in his future business endeavors."

    About Emageon

    Emageon provides information technology systems for hospitals, healthcare networks and imaging facilities. Its enterprise family of solutions includes RadSuite(TM), HeartSuite(TM) and other specialty suites. All Emageon solutions are built on a unified Enterprise Content Management system offering advanced visualization and infrastructure tools for the clinical analysis and management of digital medical images, reports and associated clinical content. Emageon's standards-based solutions are designed to help customers enhance patient care, automate workflow, lower costs, improve productivity and provide better service to physicians. For more information, please visit http://www.emageon.com/.

    Emageon Inc.

    CONTACT: Bill Funderburk of Emageon Inc., +1-205-980-7542,
    bill.funderburk@emageon.com

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




    BorgWarner Honors 67 Employees for Innovation in Product Development, Operational Excellence, Customer Excellence and Collaboration

    AUBURN HILLS, Mich., Feb. 21 /PRNewswire-FirstCall/ -- BorgWarner has recognized 67 employees from its operations around the world with the 2007 BorgWarner Product Leadership Innovation Awards. The awards were given for exceptional contributions in the areas of product development, operational excellence, customer excellence and collaboration. The award winners were honored at a dinner ceremony hosted by BorgWarner executives.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20080221/CLTH085 )

    "Innovation is the driving force behind BorgWarner's success and our passionate commitment to powertrain technology leadership," said Tim Manganello, BorgWarner Chairman and CEO. "I'm proud of the dedication, collaborative nature, and creativity of this year's Innovation Award winners. Their contributions deliver environmentally friendly technologies that improve fuel economy, air quality, vehicle stability and performance - they help drivers around the world feel good about driving."

    Auburn Hills, Michigan-based BorgWarner Inc. is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. The FORTUNE 500 company operates manufacturing and technical facilities in 64 locations in 17 countries. Customers include VW/Audi, Ford, Toyota, Renault/Nissan, General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda, John Deere, PSA, and MAN. The Internet address for BorgWarner is: http://www.borgwarner.com/ .

    RECIPIENTS OF THE 2007 BORGWARNER INNOVATION AWARDS Product Development Robert Hartmann Steve Reau Kai Henning Brune BERU AG BorgWarner BorgWarner Turbo & Ludwigsburg, Germany TorqTransfer Systems Emissions Systems Auburn Hills, Michigan Darmstadt, Germany Markus Mohl Paul Clover Brian Handlon BERU AG BorgWarner BorgWarner Turbo & Ludwigsburg, Germany TorqTransfer Systems Emissions Systems Auburn Hills, Michigan Arden, North Carolina Helmut Buck Byron Shea Matt Junker BERU AG BorgWarner BorgWarner Turbo & Ludwigsburg, Germany TorqTransfer Systems Emissions Systems Auburn Hills, Michigan Auburn Hills, Michigan Till Ebner Alex Day Peter Weissinger BorgWarner BorgWarner Thermal BorgWarner Turbo & Transmission Systems Systems Emissions Systems Ketsch, Germany Ningbo, China Auburn Hills, Michigan Rainer Gerathewohl Christiane Roemuss Robert Telep BorgWarner BorgWarner Turbo & BorgWarner Turbo & Transmission Systems Emissions Systems Emissions Systems Ketsch, Germany Kirchheimbolanden, Auburn Hills, Michigan Germany Christian Nenninger Peter Schmidt Chuck Winkler BorgWarner BorgWarner Turbo & BorgWarner World Transmission Systems Emissions Systems Headquarters Ketsch, Germany Kirchheimbolanden, Auburn Hills, Michigan Germany Huanan Cui Feng Chen BorgWarner Thermal BorgWarner Thermal Systems Systems Ningbo, China Ningbo, China Customer Excellence Christian Dragoni Tom Tan Volker Weng BorgWarner BorgWarner China BorgWarner Turbo & Transmission Systems Beijing, China Emissions Systems Monaco, Principality Kirchheimbolanden, of Monaco Germany Emilio Lodali Denis Wills Edeltraud Wahl BorgWarner BorgWarner Morse TEC BorgWarner Turbo & Transmission Systems Auburn Hills, Emissions Systems Monaco, Principality Michigan Kirchheimbolanden, of Monaco Germany Dave Mills Jeff Basila Michael Stauder BorgWarner BorgWarner Morse TEC BorgWarner Turbo & Transmission Systems Auburn Hills, Michigan Emissions Systems Auburn Hills, Michigan Kirchheimbolanden, Germany John Barlage Brian Ramel Scott Ardelean BorgWarner BorgWarner Morse TEC BorgWarner World TorqTransfer Systems Kirchheimbolanden, Headquarters Auburn Hills, Michigan Germany Auburn Hills, Michigan Scott Johnson Oliver Merz Jeanne Bungart BorgWarner BorgWarner Thermal BorgWarner World TorqTransfer Systems Systems Headquarters Auburn Hills, Michigan Markdorf, Germany Auburn Hills, Michigan Operational Excellence Xaver Boesl Joseph Liu Alfred Grzonkowski BERU AG BorgWarner BorgWarner Turbo & Ludwigsburg, Germany TorqTransfer Systems Emissions Systems Beijing, China Kirchheimbolanden, Germany Dirk von Hacht Billy Zhao Pat Lachat BERU AG BorgWarner BorgWarner Turbo & Ludwigsburg, Germany TorqTransfer Systems Emissions Systems Beijing, China Dixon, Illinois Titus Konold SangHak Choi Lynn Koenen BERU AG BorgWarner BorgWarner Turbo & Ludwigsburg, Germany TorqTransfer Systems Emissions Systems Beijing, China Dixon, Illinois Giacomo Mancini Joe Schledorn Tom Babineau BorgWarner BorgWarner Morse TEC BorgWarner Transmission Systems Ithaca, New York TorqTransfer Systems Frankfort, Illinois Auburn Hills, Michigan Mike Welch Mike Kubarek Kurt Heberling BorgWarner BorgWarner Morse TEC BorgWarner Transmission Systems Ithaca, New York Transmission Systems Bellwood, Illinois Auburn Hills, Michigan Mike Roman Philip Schuster Dennis Rusiewski BorgWarner BorgWarner Thermal BorgWarner Turbo & Transmission Systems Systems Emissions Systems Juarez, Mexico Markdorf, Germany Auburn Hills, Michigan Wei Hu BorgWarner TorqTransfer Systems Beijing, China Collaboration Robert Denes Jeff Blake Stephano Banfi BorgWarner BorgWarner BorgWarner Morse TEC Transmission Systems TorqTransfer Systems Arcore, Italy Bellwood, Illinois Auburn Hills, Michigan Lee McCordx Jeff Adair Koji Momose BorgWarner BorgWarner BorgWarner Turbo & TorqTransfer Systems TorqTransfer Systems Emissions Systems Longview, Texas Longview, Texas Tokyo, Japan Feng Dong DS Suh Mike Ausbrook BorgWarner BorgWarner Morse TEC BorgWarner Turbo & Transmission Systems Pyongtaek, Korea Emissions Systems Auburn Hills, Pyongtaek, Korea Michigan Paul Prickett Eric May Hildwin Kuzi BorgWarner BorgWarner Morse TEC BorgWarner Turbo & TorqTransfer Systems Ithaca, New York Emissions Systems Port Talbot, Wales, Kirchheimbolanden, UK Germany Robert Line BorgWarner World Headquarters Auburn Hills, Michigan

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080221/CLTH085
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com BorgWarner Inc.

    CONTACT: Mary Brevard of BorgWarner Inc., +1-248-754-0881

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




    China Valves Technology, Inc. Changes Auditors

    LOS ANGELES, and KAIFENG, China, Feb. 21 /Xinhua-PRNewswire-FirstCall/ -- China Valves Technology, Inc. (BULLETIN BOARD: CVVT) ("China Valves" or the "Company"), a leading metal valve manufacturer with operations in the People's Republic of China (PRC), announced that it changed auditors from Madsen & Associates CPAs, Inc. to Moore Stephens Wurth Frazer And Torbet, LLP.

    The client-auditor relationship between China Valves Technology, Inc. and Madsen & Associates CPAs, Inc. ended as of February 19, 2008 in regard to all accounting and auditing services and all quarterly reports up through and including February 19, 2008. All accounting and auditing services and all quarterly reports from February 20, 2008 on will be handled by Moore Stephens Wurth Frazer And Torbet, LLP. There were no disagreements between China Valves Technology, Inc. and Madsen & Associates CPAs, Inc.

    About China Valves Technology, Inc.

    China Valves Technology, Inc. through its subsidiaries, Zhengzhou Zhengdie Valve Co, Ltd. and Henan Kaifeng High Pressure Valve Co., Ltd., is engaged in the development, manufacture and sale of high-quality metal valves for the electricity, petroleum, chemical, water, gas and metallurgy industries. One of the best known brand names in China's valve industry, the Company's history can be traced back to when it was formed as a state-owned enterprise in 1959. The Company's products are the result of extensive research and development which also led to a number of patented products and manufacturing processes. China Valves has significant market shares of valve sales to a number of domestic industries, and exports to the rest of Asia and Europe. The Company's website is http://www.cvalve.net/ .

    Safe Harbor Statement

    Certain statements set forth in this press release constitute "forward- looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial condition to differ materially from what is included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. Potential risks and uncertainties include, among others, currently unknown and unforeseeable constraints on the Company's ability to continue operations, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in United States Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions in equity markets. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission.

    For more information, please contact: China Valves Technology, Inc. Ray Chen, VP of Investor Relations Tel: +1-650-281-8375 Email: raychen@cvalve.net CCG Elite Investor Relations Crocker Coulson, President Tel: +1-646-213-1915 Email: crocker.coulson@ccgir.com Website: http://www.cvalve.net/en/

    China Valves Technology, Inc.

    CONTACT: Ray Chen, VP of Investor Relations of China Valves Technology,
    Inc., +1-650-281-8375, or raychen@cvalve.net; or Crocker Coulson, President of
    CCG Elite Investor Relations, +1-646-213-1915, or crocker.coulson@ccgir.com

    Web Site: http://www.cvalve.net/en




    CACI International Inc to Webcast Boston Analyst LuncheonCACI Executive Management Meeting with Financial Analysts to Be Webcast Live on Thursday, February 28, 2008 at 12:30 p.m. Eastern Time

    ARLINGTON, Va., Feb. 21 /PRNewswire-FirstCall/ -- CACI International Inc today announced that it will webcast live its executive management meeting and presentation with financial analysts on Thursday, February 28, 2008. The audio and presentation will be broadcast live over CACI's website at http://www.caci.com/ beginning at approximately 12:30 p.m. Eastern Time.

    Paul M. Cofoni, President and CEO, William Fairl, President of U.S. Operations, and Thomas A. Mutryn, Executive Vice President and CFO, will discuss the company's outlook and strategies for growth.

    Interested parties can listen to the web cast and view accompanying exhibits by logging on at http://www.caci.com/. A replay of the presentation will also be available over the Internet following the presentation, and can be accessed through CACI's homepage (http://www.caci.com/).

    About CACI

    CACI International Inc provides the IT and network solutions needed to prevail in today's new era of national security, intelligence, and e- government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Our solutions lead the transformation of national security and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 2000 index. CACI provides dynamic careers for approximately 11,600 employees working in over 120 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at http://www.caci.com/.

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

    CACI International Inc

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

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




    Shareholder meeting and proposed acquisitions

    OTTAWA, Feb. 21 /PRNewswire-FirstCall/ -- Plaintree Systems Inc. ("Plaintree" or the "Company") today announced that it has mailed to its shareholders a management proxy circular (the "Circular") for its annual and special meeting of shareholders to be held on March 18, 2008 (the "Meeting"). As was previously reported by press release issued on August 28, 2007, Plaintree applied for and was granted an order from the Superior Court of Justice (the "Court") to allow it to effectively defer its 2007 meeting of shareholders until no later that March 30, 2008. The annual business portion of the Meeting will constitute the Plaintree 2007 annual meeting of Shareholders.

    Proposed Acquisitions

    In addition to normal annual meeting business, the Company will be asking its shareholders at the Meeting to consider and vote on a number of matters including the acquisition (the "Acquisition") by the Company of all of the issued and outstanding share capital of (i) Hypernetics Limited ("Hypernetics"); and (ii) 4439112 Canada Inc. all of the share capital of Triodetic Holdings Inc. and other subsidiaries including Triodetic Building Products Inc. (the "Triodetic Group of Companies").

    Hypernetics was established in 1972 and is a manufacturer of avionic components for various applications including aircraft antiskid braking, aircraft instrument indicators, solenoids, high purity valves and permanent magnet alternators. The Triodetic Group of Companies, with over 40 years of experience, is a design/build manufacturer of steel, aluminum and stainless steel specialty structures such as commercial domes, free form structures, barrel vaults, space frames and industrial dome coverings.

    Assuming the completion of the Acquisition, the total purchase price of $20 million for both Hypernetics and 4439112 Canada Inc. will be paid by the Company by the combination of cash, the issuance of common shares of the Company and the issuance of class A preferred shares of the Company. Following the completion of the Acquisition, Hypernetics and 4439112 Canada Inc. will become wholly-owned subsidiaries of Plaintree and Plaintree plans to amalgamate each of Hypernetics and 4439112 Canada Inc. and such other subsidiaries as may be determined by management into Plaintree. Following the completion of the amalgamation, the businesses of Hypernetics and the Triodetic Group of Companies will continue to be operated by Plaintree as separate divisions of the Company.

    Concurrently with the completion of the Acquisition if approved by the shareholders, Targa Group Inc., a company controlled by William David Watson II and Nora Watson and Plaintree's largest shareholder, has agreed to provide a credit facility of up to $2.8 million to Plaintree, consisting of (a) a demand loan of $1.8 million; and (b) a revolving $1 million credit line. All amounts advanced to Plaintree shall be payable on demand and bear interest at a rate per annum equal to 2% above the prime lending rate of the Company's banker as from time to time determined. The credit facility shall be secured by a security interest granted over the assets of Plaintree. $1.5 million of the $1.8 demand loan will be used to pay to William David Watson II and Nora Watson the cash portion of the purchase price for the shares of the Triodetic Group of Companies.

    Hypernetics and the Triodetic Group of Companies are both currently controlled by William David Watson II and Nora Watson. William David Watson II is the President and Chief Executive Officer of the Company and a director of the Company. William David Watson II and Nora Watson hold directly and indirectly 27.98% of the issued and outstanding common shares of Plaintree (38.1% on a fully-diluted basis). As a result of these relationships, the proposed Acquisition will considered to be a "related party transaction" within the meaning of Rule 61-501 under the Ontario Securities Act which requires obtaining the majority of the minority shareholder approval. To be approved, the Acquisition resolution must be passed by a majority of the votes cast by shareholders at the Meeting in respect of this resolution, other than votes attaching to shares of Plaintree beneficially owned or over which control or direction is exercised by William David Watson II and Nora Watson or any other "interested party" (as defined in Rule 61-501) or a "related party" (as defined in Rule 61-501) of an interested party (the "Excluded Shares"). As of the date of the Circular, it is estimated that the aggregate number of Excluded Shares is 25,246,760 (27.98%).

    Other Special Business

    In addition to the consideration of the Acquisition resolution, shareholders will be asked to consider the following additional special matters:

    (a) the creation of class A preferred shares to be issued as consideration in the Acquisition; (b) the consolidate the outstanding common shares of the Company on a 10 pre-consolidation shares for 1 post-consolidation share basis; and (c) the deletion of an old class of preferred shares no longer being used by the Company.

    The Acquisition and the other annual and special matters to be considered and voted on at the Meeting are fully described in the Circular, a copy of which can be obtained from the Company's website at http://www.plaintree.com/ and/or under Plaintree's name at http://www.sedar.com/.

    About Plaintree Systems -----------------------

    Ottawa-based, Plaintree Systems Inc. (http://www.plaintree.com/), founded in 1988 provides management services and specializes in developing optical wireless communications equipment for the Local Area, Wide Area, Voice, Internet and Security Networks.

    Plaintree is publicly quoted in the U.S. on the OTC BB (LANPF), with 90,221,634 shares outstanding.

    This press release may include statements that are forward-looking and based on current expectations. The actual results of the company may differ materially from current expectations. The business of the company is subject to many risks and uncertainties, including changes in markets for the company's products, delays in product development and introduction to manufacturing and intense competition. For a more detailed discussion of the risks and uncertainties related to the company's business, please refer to documents filed by the company with the U.S. Securities and Exchange Commission, including the Company's Form 20-F dated September 28, 2007.

    Plaintree Systems Inc.

    CONTACT: Lynn Saunders, (613) 623-3434




    /C O R R E C T I O N -- Emageon Inc./

    In the news release, Emageon Inc. Names John Wilhoite as Chief Financial Officer, issued earlier today by Emageon Inc. over PR Newswire, we are advised by the company that the fourth paragraph, first sentence, should read "effective March 31, 2008" rather than "2007" as originally issued.

    Emageon Inc.



    Mallory Appointed President and CEO of Michael Baker Corporation

    PITTSBURGH, Feb. 21 /PRNewswire-FirstCall/ -- Bradley L. Mallory has been appointed president, chief executive officer and a member of the Board of Directors of Michael Baker Corporation , effective February 21, 2008.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20061214/BAKERLOGO )

    Mallory, 55, will succeed Richard L. Shaw, who is retiring as chief executive officer after having served in that position since September 2006. Shaw will remain chairman of the Board as well as chairman of the Board's Executive Committee.

    Mallory has been chief operating officer of Baker since October 2007. He has realigned the company's Engineering business segment in order to make it more efficient and focused on the clients and markets that Baker serves. In addition, he has put in place a business strategy for Engineering aimed at achieving organic and acquisition growth, as well as improved profitability.

    "Brad will be an excellent CEO," Shaw said. "We conducted a national search to fill this important position and we were fortunate to have someone of Brad's character, experience and leadership abilities already within the Baker organization. In a very short time, Brad has developed a cohesive leadership team and strategy for the organization that will serve the company and our various stakeholders well as we focus our collective efforts on growing our core engineering business."

    "I appreciate the confidence and support the Board has placed in me with this appointment," Mallory said. "Baker is an exceptional organization with an outstanding reputation in the engineering business. Working together with all of our fine people throughout the world, I look forward to taking the company to a new level of professional and financial success."

    Mallory joined Baker in March 2003 as a senior vice president. Later that year, he was named president of the Engineering business segment and served in that capacity until he was appointed chief operating officer. He came to Baker following more than 20 years of experience in transportation and related fields with the Pennsylvania Department of Transportation, including serving as the Department Secretary from 1995 until his retirement in early 2003. During his tenure, he increased customer satisfaction levels, delivered record levels of major construction projects on time and on budget for five consecutive years, and led efforts nationally to streamline the project delivery process.

    Mallory is a past president of the American Association of State Highway and Transportation Officials. He has also served on the Executive Committee of the Transportation Research Board and as Chairman of the Pennsylvania Turnpike Commission. In 2002, he received the first Environmental Statesmanship Award from the Federal Highway Administration, a Special Recognition Award from the Delaware Valley Regional Planning Commission, and the Millennium Award from the Greater Valley Forge Transportation Management Association.

    Mallory holds a B.A. Degree from Dickinson College, and a J.D. Degree from the Dickinson School of Law.

    Michael Baker Corporation (http://www.mbakercorp.com/) provides engineering and operations and maintenance services for its clients' most complex challenges worldwide. The firm's primary business areas are aviation, environmental, facilities, geospatial information technologies, pipelines and utilities, transportation, water/wastewater, and oil & gas. With more than 4,000 employees in over 50 offices across the United States and internationally, Baker is focused on creating value by delivering innovative and sustainable solutions for infrastructure and the environment.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20061214/BAKERLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Michael Baker Corporation

    CONTACT: David Higie of Michael Baker Corporation, +1-412-269-6449

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




    NetDragon récompensée par Forbes et Fortune dans les catégories << Entreprises chinoises ayant le meilleur potentiel en 2008 >> et << Meilleurs employeurs de 2007 >>

    HONG KONG, February 21 /PRNewswire/ --

    - Excellent rendement - Gestion exceptionnelle

    NetDragon Websoft Inc. (<< NetDragon >> ou la << Société >>, avec toutes ses filiales, le << Groupe >> ; code boursier : 8288.HK), l'un des principaux développeurs et opérateurs de jeux en ligne en RPC, est heureuse d'annoncer que le Groupe figure dans la liste Forbes des << Entreprises chinoises ayant le meilleur potentiel en 2008 >> et dans celle du magazine Fortune des << Meilleurs employeurs de 2007 >>. Ces distinctions ont été décernées en reconnaissance des réalisations exceptionnelles du Groupe en matière de développement et de rendement commercial ainsi que dans le domaine de la gestion des ressources humaines, respectivement.

    L'édition chinoise de Forbes, le magazine financier mondialement reconnu, a annoncé le 17 janvier 2008 que NetDragon avait été incluse (au 66e rang) dans sa liste des entreprises chinoises ayant le plus grand potentiel en 2008 et ce, en raison de son rendement exceptionnel et de son avenir des plus prometteurs. Les candidats ont été choisis parmi plus de 8 000 petites et moyennes entreprises oeuvrant dans divers secteurs en Chine. Toutes les sociétés sélectionnées ont été rigoureusement évaluées sous différents aspects. Ainsi, cinq indicateurs financiers ont été pris en considération : rendement des capitaux propres, rendement de l'actif net, taux de croissance des ventes et des bénéfices, et marge de profit. De plus, la croissance, la rentabilité et le rendement du capital investi des entreprises ont été examinés selon l'information financière intermédiaire de 2007, et leur classement a été calculé en fonction des renseignements financiers pertinents de 2004 à 2006. Au final, 200 petites et moyennes entreprises ont été sélectionnées comme étant celles qui présentent le plus grand potentiel.

    Le 7 novembre 2007, Fortune a dévoilé quant à elle sa liste des << Meilleurs employeurs de 2007 >> dans laquelle apparaissait NetDragon. En plus d'être reconnue comme << L'entreprise ayant le milieu de travail le plus confortable >>, NetDragon a été la seule société locale de jeux en ligne provenant de la RPC ou de l'extérieur à se tailler une place parmi le Top 20. Le processus de sélection reposait sur la capacité de l'employeur à attirer et à conserver ses employés talentueux, et le classement a été établi en tenant compte du feedback des employés et de leur taux de satisfaction. Au total, 120 entreprises ont été évaluées au moyen de différents tests, NetDragon réussissant à figurer sur la liste finale.

    M. Liu Dejian, président-directeur général de NetDragon, déclare : << Cet honneur est un immense encouragement à tous les employés, les aidant à reconnaître les efforts déployés par le Groupe pour recruter, former et récompenser les employés talentueux. Notre talent constitue l'actif le plus important au sein du Groupe, et nous continuerons de fournir le meilleur environnement de travail possible à nos employés de manière à ce qu'ils puissent exploiter au maximum leur potentiel professionnel et ainsi aider le Groupe à devenir la meilleure entreprise de son secteur. >>

    À propos de NetDragon Websoft Inc.

    NetDragon Websoft Inc. est l'un des principaux développeurs et opérateurs de jeux vidéo en ligne en RPC. Le portefeuille du Groupe comprend une gamme de MMORPG (Massively Multiplayer Online Role-Playing Games - jeux de rôle en ligne massivement multijoueur) qui répondent aux différentes préférences de jeux et satisfont divers types de joueurs. Le Groupe a développé et commercialisé avec succès et dans plusieurs styles de nombreux jeux en ligne très populaires, dont << Eudemons Online >>, << Conquer Online >>, << Zero Online >>, << Tou Ming Zhuang Online >>, << Monster & Me >> et << Era of Faith >>.

    Contacts - Porda International (Finance) P.R. Group : Mme Kelly Fung +852-3150-6763 kelly@pordafinance.com.hk Mme Kate Lam +852-3150-6738 kate@pordafinance.com.hk Mme Joey Lam +852-3150-6753 joey@pordafinance.com.hk Mme Heather Chu +852-3150-6739 heather@pordafinace.com.hk Fax : +852-3150-6728

    NetDragon Websoft Inc.

    Kelly Fung, +852-3150-6763, kelly@pordafinance.com.hk, ou Kate Lam, +852-3150-6738, kate@pordafinance.com.hk, ou Joey Lam, +852-3150-6753, joey@pordafinance.com.hk, ou Heather Chu, +852-3150-6739, heather@pordafinace.com.hk, pour NetDragon

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