Optelecom-NKF Reports Strong Fourth Quarter 2007 Results

GERMANTOWN, Md., Feb. 25 /PRNewswire-FirstCall/ -- Optelecom-NKF, Inc. , a leading global producer of advanced IP-video network solutions, today announced results for its fourth quarter and full year ended December 31, 2007.

Revenue for the quarter set an all-time record at $13.0 million, an increase of 20% compared to the same quarter last year. Gross profit increased to $7.6 million, an increase of 10% for the three months ended December 31, 2007.

The Company reported net income of $873 thousand, or $0.24 per diluted share, for its fourth quarter 2007. This compares to net income of $770 thousand, or $0.22 per diluted share, for the fourth quarter of 2006, which included a tax benefit of $288 thousand, or $0.08 per share.

Operating income for the quarter increased to $1.4 million compared to $776 thousand reported for the fourth quarter in 2006. Operating expenses were $6.1 million for the quarter ended December 31, 2007. This compares to an equivalent $6.1 million in the fourth quarter of 2006.

Revenue for the full year ended December 31, 2007 also set a record, increasing 8% to $42.5 million, up from $39.5 million in 2006. Net income for 2007 totaled $1.3 million, or $0.37 per share. This is a decline from 2006 reported net income of $1.6 million, or $0.44 per diluted share. Operating Income for the twelve months ended December 31, 2007 was $2.9 million, which was comparable to the twelve months ended December 31, 2006.

"We met or exceeded our sales targets in the fourth quarter of 2007 with strong customer demand for IP video network solutions," said Edmund Ludwig, Optelecom-NKF's President and CEO. "Our strong performance highlights the traction our business model is gaining as we expand our product lineup, leverage our game-changing IP technologies, and maintain a disciplined cost management approach."

"We anticipate solid first quarter 2008 sales when compared with historical levels," added Mr. Ludwig. "However, in line with seasonal expectations, first quarter 2008 sales will be less than fourth quarter 2007."

"Revenue for the fourth quarter of 2007 increased 20% year-over-year with strengthening sales of our IP video network products and solutions," said Steven Tamburo, Optelecom-NKF's Chief Financial Officer. "Our results reflect the increasing importance of our transition to IP video network technologies and the opportunity in this growing market."

"While our revenue includes the benefit of foreign exchange from international sales, we reported new quarterly and full year sales benchmarks," added Mr. Tamburo. "We also marked our sixth consecutive year of profitability and we plan to continue executing our core strategy of delivering profitable year-over-year organic growth while developing the next generation of products and services end-users want."

Fourth Quarter Conference Call

Optelecom-NKF President and CEO Edmund Ludwig will lead a conference call to discuss fourth quarter and full year 2007 results at 10:00 a.m. Eastern Time, Tuesday, February 26, 2008.

Interested parties are welcome to call 866-831-6270 (International Dial In: 617-213-8858) shortly before the designated start time and request the "Optelecom-NKF conference call" or provide the participant number 56438325. The telephone conference call will feature a question and answer segment with management. For those parties unable to participate in the live conference call, a replay will be available from noon following the teleconference until March 4, 2008. Those wishing to listen to the replay should call 888-286-8010 (International Dial In: 617-801-6888) and enter passcode 84908224 when prompted.

The call is being web cast and can be accessed at http://www.earnings.com/. About Optelecom-NKF, Inc.

Optelecom-NKF, Inc., is a global supplier of IP video and fiber transmission equipment, including IP cameras, video servers, network video recorders, video management, and video analytics software. We deliver complete solutions for traffic management and security of airports, seaports, casinos, prisons, utilities, public transport, city centers, hospitals, and corporate campuses.

Founded in 1972, Optelecom-NKF is committed to providing its customers with expert technical advice and support in addition to products that are developed and tested for professional and mission critical applications. Our R&D centers have accumulated extensive knowledge of fiber optic and IP/Ethernet network technologies. This knowledge has enabled Optelecom-NKF to develop a broad range of innovative network products from high-grade fiber optic transmission products to sophisticated IP surveillance solutions. These solutions include powerful software tools to enhance the effectiveness and efficiency of today's video surveillance applications.

Optelecom-NKF has offices in the US, The Netherlands, Germany, France, Spain, Dubai, the UK, and Singapore, and expertise centers in the US and Europe.

Forward-Looking Statements

The statements contained in this release, which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include, among others: the ability of Optelecom-NKF to successfully operate its global business; the ability of the Company to develop and market network video products and solutions for the traffic monitoring, transportation security, commercial and industrial and government markets; lack of reliable vendors, service providers, and outside products; unforeseen changes in competing technologies and products; worldwide economic variances; poor or delayed research and development results; and disparities between forecast and realized sales results. Other important factors that could cause actual results to differ materially are included but are not limited to those listed in Optelecom-NKF's periodic reports and registration statements filed with the Securities and Exchange Commission. Optelecom-NKF does not assume any obligation to update information concerning its expectations.

Investor inquiries should be directed to Mr. Rick Alpert at 301-948-7872. OPTELECOM-NKF, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED DECEMBER 31 (in thousands, except per share data) 2007 2006 Revenues $ 13,012 $ 10,836 Cost of goods sold 5,446 3,969 Gross profit 7,566 6,867 Operating expenses: Selling and marketing 2,560 2,252 Engineering 1,380 1,032 General and administrative 1,974 2,627 Amortization of intangible 202 180 Total operating expenses 6,116 6,091 Income from operations 1,450 776 Other expense 318 294 Income before income taxes 1,132 482 Provision (benefit) for income taxes 259 (288) Net income $ 873 $ 770 Basic earnings per share $ 0.24 $ 0.22 Diluted earnings per share $ 0.24 $ 0.22 Weighted average common shares outstanding-basic 3,622 3,524 Weighted average common shares outstanding-diluted 3,625 3,560 Net income $ 873 $ 770 Foreign currency translation 1,429 912 Comprehensive income $ 2,302 $ 1,682 OPTELECOM-NKF, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME FOR THE TWELVE MONTHS ENDED DECEMBER 31, (in thousands, except per share data) 2007 2006 Revenues $ 42,503 $ 39,484 Cost of goods sold 17,452 16,051 Gross profit 25,051 23,433 Operating expenses: Selling and marketing 9,794 8,269 Engineering 5,150 4,606 General and administrative 6,437 7,006 Amortization of intangible assets 765 630 Total operating expenses 22,146 20,511 Income from operations 2,905 2,922 Other expense 1,236 1,187 Income before income taxes 1,669 1,735 Provision for income taxes 388 181 Net income $ 1,281 $ 1,554 Basic earnings per share $ 0.37 $ 0.45 Diluted earnings per share $ 0.37 $ 0.44 Weighted average common shares outstanding-basic 3,497 3,437 Weighted average common shares outstanding-diluted 3,503 3,562 Net income $ 1,281 $ 1,554 Foreign currency translation 2,770 2,388 Comprehensive income $ 4,051 $ 3,942 OPTELECOM-NKF, INC. CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31, 2007 AND DECEMBER 31, 2006 (in thousands) 2007 2006 ASSETS CURRENT ASSETS Cash and cash equivalents $ 5,043 $ 3,571 Accounts and contracts receivable, net of allowance for doubtful accounts of $249 and $625 9,575 9,222 Inventories, net 5,214 5,759 Deferred tax asset-current 778 905 Prepaid expenses and other current assets 816 1,047 Total current assets 21,426 20,504 Property and equipment, at cost less accumulated depreciation of $7,634 and $6,377 2,594 2,488 Deferred tax asset-non-current 2,284 1,284 Intangible assets, net of accumulated amortization of $2,259 and $1,288 8,241 8,124 Goodwill 15,259 13,678 Other Assets 205 196 TOTAL ASSETS $ 50,009 $ 46,274 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable $ 2,623 $ 3,371 Accrued payroll 2,165 2,105 Commissions payable 198 220 Current portion of capitalized leases 45 71 Bank line of credit 1,000 800 Current portion of notes payable 1,525 1,548 Accrued warranty reserve 418 431 Taxes payable 49 577 Other current liabilities 1,090 1,375 Total current liabilities 9,113 10,498 Notes payable 14,245 14,650 Deferred tax liability 2,150 2,102 Interest Payable 1,210 788 Capitalized leases -- 45 Other liabilities 256 248 TOTAL LIABILITIES 26,974 28,331 COMMITMENTS AND CONTINGENCIES STOCKHOLDERS' EQUITY Common stock, $.03 par value-shares authorized, 15,000; issued and outstanding, 3,632 and 3,529 shares as of December 31, 2007 and December 31, 2006, respectively 109 105 Additional paid-in capital 15,534 14,497 Accumulated other comprehensive gain 3,339 570 Treasury stock, 163 shares, at cost (1,265) (1,265) Retained earnings 5,318 4,036 Total stockholders' equity 23,035 17,943 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 50,009 $ 46,274

Optelecom-NKF, Inc.

CONTACT: Mr. Rick Alpert of Optelecom-NKF, Inc., +1-301-948-7872

Web site: http://www.optelecom-nkf.com/

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

MORRISTOWN, N.J., Feb. 25 /PRNewswire/ -- Wireless calling, text messaging and surfing the Mobile Web for email and information now is easier and faster for Verizon Wireless customers in Middlesex County, thanks to the activation of the company's newest cell site in New Brunswick near Rutgers University.

The new cell site improves network coverage and capacity along College Avenue from Huntingdon Street to Seminary Place and along Easton Avenue from Lafayette Street to Hamilton Street.

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

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

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

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

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

Nationally, Verizon Wireless' real-life test men and women drive 98 specially equipped vehicles nearly one million miles each year on Interstate, US and state highways as well as major roads and surface streets in high- population areas, based upon US Census counts, to confirm that voice calls and data connections are successful on the first attempt and stay connected. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.

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

About Verizon Wireless

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

Verizon Wireless

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

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

Verizon Wireless Expands Wireless Broadband Network in Pennsylvania to Warren CountyHigh-Speed Network Gives Verizon Wireless Customers Access to Fast Wireless Internet, E-mail, Mobile Music, Videos, and More

WARRENDALE, Pa., Feb. 25 /PRNewswire/ -- Verizon Wireless announced today that it has expanded the national rollout of its high-speed wireless network to Warren County including the towns of Clarendon, Garland, Irvine, Russell, Sheffield, Warren, and Wrightsville.

"This is a vital area with dynamic, tech-savvy business people, students, visitors, and residents who want to stay connected," said Roger Tang, president -- Ohio/Pennsylvania/West Virginia region, Verizon Wireless. "The launch of our broadband network here provides our customers with access to the very latest wireless technology."

With the wireless broadband network now available, Verizon Wireless customers in the area can enjoy two prime services:

-- BroadbandAccess, the enhanced high-speed wireless service that equips Verizon Wireless' business customers with a truly untethered mobile office experience, enabling them to wirelessly access their calendars, the Internet, e-mail, and critical business information residing behind their companies' firewalls; and -- V CAST, a consumer-oriented multimedia service that gives customers access to the most comprehensive selection of downloadable music, high-quality videos and the coolest 3D games found anywhere. BroadbandAccess

Based on Evolution-Data Optimized (EV-DO) Revision A (Rev. A) network technology, BroadbandAccess provides mobile workers with the ability to access their corporate information as if they were attached to this data via a high-speed wired connection but with the freedom of true mobility. Developed with a range of users in mind, the service enables large enterprises, small- to medium-sized businesses and mobile professionals to conduct business anytime, anywhere in the BroadbandAccess coverage area via a secure, true high-speed data connection.

With BroadbandAccess, business customers, residents and visitors to the area can expect average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500-800 kbps. That means they can download a 1 Megabyte e-mail attachment -- the equivalent of a small PowerPoint(R) presentation or a large PDF file -- in about eight seconds and upload the same-sized file in less than 13 seconds.

BroadbandAccess also enables Verizon Wireless customers to download files approximately 10 times faster than customers of wireless service providers that use different broadly deployed network technologies. Furthermore, customers who travel outside the enhanced BroadbandAccess coverage area with an EV-DO device will switch seamlessly to the company's NationalAccess service.

"Our enhanced BroadbandAccess service gives our customers three key advantages in wireless communication -- speed, mobility and security," Tang said. "With these advantages comes an increase in productivity and bottom-line business benefits."

V CAST: Video and Music

The company's wireless broadband network also enables its V CAST multimedia services, which offer customers the ability to download full-song tracks, play cutting-edge 3D games and stream video clips straight to their handsets with top transmission speeds. With content updated daily, customers can watch dozens of on demand videos, including breaking news, weather updates, sports highlights, and the hottest entertainment clips.

With V CAST Music, Verizon Wireless has built a massive full-song mobile music store that contains more than 2.7 million songs -- from well-known as well as independent artists -- that customers can download over-the-air, directly onto their V CAST Music-enabled wireless phones.

Investment

The multi-million dollar expansion includes the installation of high-tech wireless hardware and software in wireless transmission sites throughout the region. Verizon Wireless has invested more than $44 billion since it was formed -- nearly $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. Nearly $1.4 billion of this investment was spent in Pennsylvania since 2001. In 2007, the company invested nearly $236 million in its Pennsylvania network improvements.

Verizon Wireless was the first national wireless provider to commercially launch a high-speed wireless broadband network in the United States. These communities in Pennsylvania are the latest to be added to the coverage.

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

About Verizon Wireless

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

Verizon Wireless

CONTACT: Laura Merritt of Verizon Wireless, +1-614-560-2605,
Laura.Merritt@verizonwireless.com; Jeff Donaldson for Verizon Wireless,
+1-412-642-7700, jeff.donaldson@elias-savion.com

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

Teknosa Drives Corporate Expansion Strategy with Oracle(R) Retail ApplicationsOracle Retail Implementation Optimises Merchandise Offering, Domestic and International Growth Strategy at Leading Turkish Electronics Chain

REDWOOD SHORES, Calif., Feb. 25 /PRNewswire-FirstCall/ -- Teknosa, Turkey's leading consumer electronics retail chain, has gone live with Oracle(R) Retail applications to support its aggressive expansion strategy and enhance service levels across its multiple sales channels. The implementation of the Oracle Retail Merchandising System, Oracle Retail Allocation and Oracle Retail Category Management is enabling Teknosa to optimise inventory management, allocation and replenishment across its e-commerce and telephone channels as well as its 230 stores as the retailer expands its operations across Turkey and neighbouring countries.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO )

"The implementation of Oracle Retail applications is part of Teknosa's three year transformation programme designed to implement efficiencies and best practices that will optimise our agility as we diversify our merchandise offerings, extend our domestic operations and expand into new territories," explained Mehmet T. Nane, General Manager of Teknosa. "The first phase of our go-live has enabled us to enhance the allocation and replenishment processes supporting our drive to offer customers the best mix of global brands at the right price and in the right quantity whether they buy online, over the telephone or in the store."

The consumer electronics retail market in Turkey reached US$7.5 billion in 2007, resulting from an increased interest in innovative technology products and the growth in multiple sales channels. Despite increasing competition in the market from foreign retailers with significant buying power, Teknosa had gained market share and increased its revenues by 47 percent last year to US$807 million.

Established in 2000, Teknosa operates 230 stores across Turkey and an additional seven in Romania. Teknosa's expansion plans include extending its international reach into neighbouring countries, opening new store formats, expanding its merchandise from 5000 SKUs to more 10,000 SKUs and by opening a new store each week. It also intends to grow its customer retention strategy through the launch of a loyalty card programme.

In November 2006, Teknosa selected Oracle Retail as the platform capable of supporting this aggressive growth strategy through the development of a best practices approach, following a series of successful pilots with Oracle and its partner, Accenture. As an existing Oracle E-Business Suite customer, Teknosa has benefited from rapid integration of the Oracle Retail merchandising applications.

Mehmet T. Nane continued, "Our strategic relationship with Oracle has developed over the last six years and its credentials with global retail brands is helping us to implement best practices for retail processes, with a phased roadmap for delivering results and promoting rapid speed-to-value. In the first week after going live, Teknosa opened a new warehouse and four additional stores."

"Teknosa is a great example of an emerging market retailer that understands the value of enhancing the customer experience in order to develop retail maturity," said Patrick Bohannon, Vice President of EMEA, Oracle Retail. "The Oracle Retail applications that Teknosa has implemented are helping them to plan for the profitability of merchandise, improve the availability of key products domestically and proactively manage their international expansion strategy."

About Oracle Retail

Oracle is the number one provider of innovative and comprehensive industry software solutions for retailers - enabling organizations to serve their customers better by applying insight into daily business decisions for more profitable results. With software that provides supply chain, operations, merchandising, store systems, optimization as well as enterprise applications and infrastructure software, Oracle partners with the world's leading retail companies, including 20 of the top 20 retailers worldwide, to transform the economics of their businesses.

About Oracle

Oracle is the world's largest enterprise software company. For more information about Oracle, visit our Web site at http://www.oracle.com/.

Trademarks

Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Oracle

CONTACT: Kevin Ruane of Oracle, +1-650-506-6610, kevin.ruane@oracle.com,
or Beth Axon of jd marketing, +44-20-8297-5388, betha@jdmarketing.co.uk, for
Oracle

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

Harris Corporation Teams with Cancer Treatment Services International to Advance Oncology TreatmentHarris Expands Enterprise Intelligence Systems to Healthcare Market

ORLANDO, Fla., Feb. 25 /PRNewswire-FirstCall/ -- HIMSS, Booth #1841 -- Harris Corporation , an international communications and information technology company, has joined forces with Cancer Treatment Services International (CTSI) to advance the quality and delivery of radiation oncology. Harris will provide advanced imaging and information systems that assure critical medical information is delivered with accuracy, speed, security and privacy.

"We believe Harris' expertise in image processing and enterprise intelligence will significantly advance radiation oncology," said Dr. Jeff Shogan, MD and chairman of CTSI. "Our collaboration with Harris will enhance our ability to deliver the highest quality cancer treatment services to more people, more effectively."

"We are very pleased to be working with CTSI and Dr. Shogan, who is a leading practitioner and innovator in cancer treatment services on an international scale," said Jim Traficant, vice president of Harris Healthcare Solutions. "We have been working closely with Dr. Shogan to leverage our imaging and informatics expertise to deliver enterprise intelligence to radiation oncology."

CTSI L.P. is a provider of comprehensive treatment for cancer patients with a main focus on medical oncology and radiation oncology. The company was founded by a core group of physicians and businessmen with substantial experience in the development, operation and networking of cancer services on a national and international level. CTSI is able to provide innovative and technologically-advanced treatment solutions to areas of the world where therapy is currently inadequate in either quality or capacity. The company currently operates clinics and has development projects both in the U.S. and internationally.

Harris Healthcare Solutions provides enterprise intelligence solutions and services for commercial and government customers, including systems integration, information assurance, intelligent infrastructure, advanced visualization and display, enterprise digital content management, and IT services solutions. Harris products, systems, and services improve health outcomes by assuring that critical medical information is delivered with security and privacy to the right person, on the right device, at the point of care.

About Harris Corporation

Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of almost $5 billion and 16,000 employees -- including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(TM) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/.

Harris Corporation

CONTACT: Sleighton Meyer of Harris Healthcare Solutions,
+1-321-727-6514, sleighton.meyer@harris.com; or Jim Burke of Harris
Corporation, +1-321-727-9131, jim.burke@harris.com, or Marc Raimondi of Harris
Corporation - Washington, D.C., +1-703-739-1738, marc.raimondi@harris.com

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

AT&T Opens New Wireless Store in EddystoneStore Incorporates New State-of-the-Art, Hands-On Design

EDDYSTONE, Pa., Feb. 25 /PRNewswire-FirstCall/ -- In response to the growing demand for AT&T's exclusive wireless products and services, AT&T Inc. today announced the opening of a wireless store in Eddystone. The store has a new state-of-the-art, hands-on design that engages customers.

Among the new features at the store are two Experience Tables -- interactive customer stations that come equipped with laptops and wireless devices -- that allow consumers to touch and experiment with advanced voice and data services and features. The location will also have two Guided Selling Kiosks, which include a rate plan recommendation tool for customers to use independently or with an AT&T representative.

"We are focused on making our customer's in-store experience as pleasant and productive as possible," said Dan Lafond, vice president and general manager for AT&T's wireless division in Philadelphia. "That begins by choosing a great location, creating a hands-on retail design and making sure we have a knowledgeable staff."

Located at 1580 Chester Pike, the store offers the latest wireless devices, including music- and video-capable phones and data devices equipped with e-mail clients and must-have applications, such as Microsoft's Windows Mobile 6. Led by Joe Walsh, store manager and Delaware County native, the staff also includes nine professional retail sales consultants trained to assist customers -- both business and consumer -- with purchasing decisions, customer service and technical support. Hours of operation are: 9 a.m. - 9 p.m., Monday - Saturday; and 11 a.m. - 6 p.m., Sunday. The Eddystone location brings the number of AT&T company-owned wireless locations in Delaware County to three.

AT&T now operates more than 90 retail stores across eastern Pennsylvania, southern New Jersey and Delaware. In addition, AT&T products and services are available in more than 100 authorized agent and national retail locations across the region.

The community is invited to join grand-opening celebrations March 1, which will feature an appearance from radio personality John DeBella of WMGK-FM radio from 10 a.m. to noon and a live radio broadcast with WXTU-FM radio from 4 to 6 p.m. The store will also offer special discounts on select products and services.

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

About AT&T

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

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

AT&T Inc.

CONTACT: Ellen Webner of AT&T Inc., Office, +1-973-637-9357, Mobile,
+1-201-532-7292, ellen.webner@att.com

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

Hughes Continues Broadband Satellite Market Leadership with 1.5 Million VSAT Terminals ShippedCompany Has Shipped Over 400,000 DVB-S2/IPoS Compliant Terminals

GERMANTOWN, Md., Feb. 25 /PRNewswire-FirstCall/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite network solutions and services, today announced that it has now shipped cumulatively over 1.5 million broadband satellite VSAT terminals worldwide, demonstrating its continuing market leadership in the global VSAT market.

More than 400,000 units shipped are compliant with DVB-S2/IPoS, the world's leading broadband satellite standard approved by TIA, ETSI and ITU, which yields higher throughputs and more efficient bandwidth utilization.

For over 20 years since it conceived and delivered the first VSATs, Hughes has consistently maintained the position of worldwide market leader in satellite networks. These networks provide rapid, reliable transmission of data, voice, video and multimedia to virtually an unlimited number of sites over continent-wide areas covered by geostationary satellites.

"We are proud to have achieved this significant milestone," said Pradman Kaul, Hughes Chairman and CEO. "Everyday, many international organizations, government agencies, major enterprises and in the past few years, a rapidly growing base of small businesses and consumers rely on Hughes broadband satellite technology to stay connected," said Kaul.

"With demand for broadband services expanding in so many ways -- from distance learning, to digital signage, to video conferencing, we expect the growth and penetration of satellite broadband in all market sectors to continue at a healthy rate."

According to a 2007 Northern Sky Research (NSR) report, worldwide demand for broadband satellite terminals is exceeding 19% annual growth rates, with total global shipments of four million units projected by the end of 2011.

"Hughes is an excellent example of a true market leader with the strong ability to identify market challenges, drivers and restraints and to implement successful strategies to address market dynamics," said Violetta Kuvaeva, Frost & Sullivan research analyst, on the occasion recently of Hughes being awarded the 2007 Eastern European and CIS Frost & Sullivan Award for Market Leadership for continuing to maintain its position as market leader for over 20 years.

About Hughes Network Systems

Hughes Network Systems, LLC (HUGHES) is the global leader in providing broadband satellite networks and services for large enterprises, governments, small businesses, and consumers. HughesNet(R) encompasses all broadband solutions and managed services from Hughes, bridging the best of satellite and terrestrial technologies. Hughes has shipped more than 1.5 million systems to customers in over 100 countries. Its broadband satellite products are based on global standards approved by the TIA, ETSI and ITU standards organizations, including DVB-S2/IPoS, RSM-A and GMR-1.

Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes maintains sales and support offices worldwide. Hughes is a wholly owned

subsidiary of Hughes Communications, Inc. . For additional information, please visit http://www.hughes.com/.

(C)2008 Hughes Network Systems, LLC. Hughes and HughesNet are registered trademarks of Hughes Network Systems, LLC.

Hughes Network Systems, LLC

CONTACT: Jaclyn Joines of Hughes Network Systems, +1-301-601-2672,
jjoines@hns.com; or Donna Armstrong of Brodeur for Hughes Network Systems,
LLC, +1-202-775-2650, dtaylor@brodeur.com

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

Indiana Blood Center Signs BIO-key(R) ContractHoosier donors to become the first in the country to benefit from large scale fingerprint identification

WALL, N.J., Feb. 25 /PRNewswire-FirstCall/ -- BIO-key International, Inc. (BULLETIN BOARD: BKYI) , a leader in finger-based biometric identification and wireless public safety solutions, today announced that the Indiana Blood Center is deploying BIO-key's WEB-key(R) biometric identification technology to enhance the convenience and security of identifying blood donors.

The Indiana Blood Center is incorporating BIO-key's patented large-scale identity assurance platform to provide a safe, secure and convenient means for donors to confirm their identity. When a donor is first enrolled, the BIO-key software creates a template based on the person's fingerprint and associates that template with the record identifier for the donor. With each visit to an Indiana Blood Center donation site or mobile collection unit, a donor simply places his finger on the reader to reestablish their identity.

This touchpad identification replaces the need to present a state-issued photo identification card, such as a driver's license, as is the standard operating procedure at Indiana Blood Center today. The biometric software encrypts the donor's fingerprint template to ensure privacy and guarantee that it cannot be recreated.

"Adopting the latest technology in fingerprint identification on the donor side complements Indiana Blood Centers' high-tech capabilities in blood typing, testing and processing that most donors never see," said Indiana Blood Center President and CEO, Byron Buhner. "Promising donor convenience, safety and security, our transition to BIO-key marks our continued commitment to Hoosier donors who enable us to meet the continuous demand of hospitals throughout Indiana."

Jim Sullivan, BIO-key's Director of Biometric Sales, added, "The superior accuracy and security of our software provides the Indiana Blood Center and their customers with a fast, convenient and more secure alternative to establish the identity of donors. Using Indiana Blood Center as an example, we will diligently market our superior solution to other blood centers across the country looking to improve system accuracy and user convenience without compromising donor privacy."

"Indiana Blood Center is the first in its industry to adopt BIO-key technology," said BIO-key's CEO, Mike DePasquale. "The contract that was booked in the fourth quarter of 2007 represents a major inflection point for BIO-key. We are well on our way in establishing ourselves as the leading provider of highly accurate and scalable finger ID solutions for the commercial and government markets."

About BIO-key

BIO-key International, Inc., headquartered in Wall, New Jersey, develops and delivers advanced identification solutions and information services to law enforcement departments, public safety agencies, government and private sector customers. BIO-key's mobile wireless technology provides first responders with critical, reliable, real-time data and images from local, state and national databases. BIO-key's high performance, scalable, cost-effective and easy-to-deploy biometric fingerprint identification technology accurately identifies and authenticates users of wireless and enterprise data to improve security, convenience and privacy and to reduce identity theft. Over 1,000 police departments in North America use BIO-key solutions, making BIO-key the leading supplier of mobile and wireless solutions for law enforcement. (http://www.bio-key.com/)

About Indiana Blood Center

Indiana Blood Center is a vital link in Indiana's health care infrastructure, supplying more than 550 units of blood to more than 60 Indiana hospitals every day. The nonprofit community service organization was founded in 1952 to provide a continuous, safe and adequate supply of blood products and testing services first to the people in our own communities, then wherever our blood products and testing services are needed. Visit http://www.indianablood.org/ or call 800-632-4722.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. The words "estimate," "project," "intends," "expects," "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of BIO-key International, see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.

Press Contacts: BIO-key International Inc. Bud Yanak bud.yanak@bio-key.com 732-359-1100 Indiana Blood Center Wendy Mehringer wmehringer@indianablood.org 317-840-8424

BIO-key International, Inc.

CONTACT: Bud Yanak of BIO-key International Inc., +1-732-359-1100,
bud.yanak@bio-key.com; or Wendy Mehringer of Indiana Blood Center,
+1-317-840-8424, wmehringer@indianablood.org

Web site: http://www.bio-key.com/
http://www.indianablood.org/

Planar Announces 70-inch Direct-View LCD Monitor for European Marketplace

BEAVERTON, Oregon, February 25 /PRNewswire/ --

- The New Planar m70L is the First High-Definition Commercial Display of Its Size Designed for Demanding Industrial Applications

Planar Systems, Inc. (Nasdaq: PLNR), a worldwide leader in specialty display solutions, announced the Planar m70L, the first full-featured commercial-grade, high-definition 70-inch LCD monitor. Introduced at Integrated Systems Europe 2008 in January, the m70L expands Planar's Monitor-Series (m-Series) line of displays for control room, video wall and digital signage applications and supports the company's ongoing strategy to offer best-in-class specialty displays that deliver long-term value and outstanding visual performance.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080114/AQM001LOGO)

The m70L expands upon the benefits of the Planar m-Series family of commercial-grade LCDs, and shares the same connectivity, menu systems, electronics and styling in order to ensure seamless and cost-effective display integration for any application.

The Planar m70L offers high-end professional features such as built-in power management and automation, an impressive 178-degree viewing angle, and broad video source compatibility. Planar incorporated other key features such as resistance to image quality degradation and automatic ambient backlight control to address the challenges associated with 24-hour operation in unpredictable environments.

The Planar m70L is the only 70-inch monitor of its kind designed specifically for long-term, year-round operation, unlike consumer displays, making the m70L ideal for industrial applications. The m70L's full HD 1080p resolution, extra-large screen size, high brightness (600 nits) and HD-SDI connectivity create more realistic and life-like images that are ideal for utility and energy master control rooms and television broadcast command centers.

"Consumer displays like televisions are not designed for these types of demanding industrial applications, so end-users may experience problems with performance and shorter product life spans," said Kristina K. Gorriaran, vice president and general manager for Planar's Control Room & Signage Business Unit, formerly Clarity Visual Systems. "The m70L and entire m-Series of commercial displays offer Planar's partners and integrators the only comprehensive display products built for long-term reliability and durability."

Additional m70L key features:

-- 1500:1 contrast ratio -- Backlight control for longer life (50,000 hours to 1/2 brightness) -- Built-in real time clock allows users to schedule events such as power on/ power off, source switching -- Planar Big Picture(TM) and WallNet(TM) technologies for optimum processing and automated display monitoring -- Landscape/portrait orientation for multiple uses -- VESA standard mounting points for use with any conforming stand or mount -- RoHS certification -- MSRP: US$30,000

The Planar m70L will be available in February through Planar's network of control room system integrators and audiovisual dealers and will be backed by Planar's industry-leading three-year Customer First(TM) warranty. For more information, please visit http://www.planarcontrolroom.com.

About Planar

Planar Systems, Inc. (NASDAQ: PLNR) is a global leader of specialty display technology providing hardware and software solutions for the world's most demanding environments. Hospitals, space and military programs, utility and transportation hubs, shopping centers, banks, government agencies, businesses, and home theater enthusiasts all depend on Planar to provide superior performance when image experience is of the highest importance. Founded in 1983, Planar is headquartered in Oregon, USA, with offices, manufacturing partners, and customers worldwide. For more information, visit http://www.planar.com.

Web site: http://www.planarcontrolroom.com http://www.planar.com

Planar Systems, Inc.

Media, Jolanda Medendorp, +31-6-12969550, Jolanda.medendorp@planar.com, or Kim Brown, +1-503-748-6724, Kim.brown@planar.com, or Investors, Ryan Gray, +1-503-748-8911, Ryan.gray@planar.com, all of Planar Systems, Inc.; Photo: http://www.newscom.com/cgi-bin/prnh/20080114/AQM001LOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com

Anthropologie Travels Abroad

PHILADELPHIA, February 25 /PRNewswire/ --

Anthropologie today officially released long-awaited news to admirers overseas. No more waiting for trips abroad to enjoy Anthropologie's extraordinary shopping experience. The United States-based, women's specialty retailer now ships from its website to 33 countries in the European Union.

"Over the years so many women have shared with us their stories of discovering Anthropologie while visiting the United States," said Michael Robinson, Managing Director of Anthropologie Direct. "We are excited that we can now give back by bringing Anthropologie to them."

Women fall in love with the Anthropologie shopping experience, which inspires the imagination and provides a sense of personal discovery. Anthropologie travels the world tirelessly to find new product and inspiration for in-house designs that will resonate with the customer. The broad assortment of merchandise, tailored to women 30 - 45, encompasses apparel, accessories, shoes, beauty and home decor.

Overseas customers will appreciate the creative features of Anthropologie's website as much as the merchandise. The home page and introductory pages for each merchandise category highlight original artwork and photographs taken from Anthropologie's popular catalog. Customers can also browse recent catalogs online using the innovative Shop the Catalog feature.

They will be happy to learn how easy the website is to shop. After taking a moment to indicate their country and currency, customers will see pricing converted into the selected currency. At present Anthropologie.com can translate currency into British Pounds and Euros. Size conversions into Italian, French and UK systems are available through the size guide link that appears on each product page.

Discover Anthropologie for yourself at www.anthropologie.com

About Anthropologie

Anthropologie is a specialty lifestyle retailer that offers an uncommon selection of merchandise to women ages 30 - 45. Founded in 1992 by the Philadelphia based Urban Outfitters Inc., Anthropologie currently maintains 108 stores in the United States as well as a highly successful catalog and website. Anthropologie.com was launched in 1998.

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

Anthropologie

Sara Goodstein of Anthropologie, +1-646-728-2155, sgoodstein@urbanout.com

Dr. Richard Chang, President and CEO of SMIC, Named Semiconductor International's 2007 Person of the Year

SHANGHAI, China, Feb. 24 /Xinhua-PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC", NYSE: SMI and SEHK: 0981.HK), one of the leading foundries in the world, today announced that Dr. Richard Chang, President and CEO of SMIC, was honored with the 2007 Fab Person of the Year award by Semiconductor International China.

Editors at Semiconductor International China considered candidates who demonstrated outstanding contributions over the past year in five criteria: Innovation, Growth, Influence, Localization, and Internationalization. Six awards were given to the movers and shakers of the Chinese semiconductor manufacture in 2007, all veterans in the Fab, Assembly and Testing, Front-end Equipment, Back-end Equipment, Materials, and Support Services links of the semiconductor industry supply chain.

Dr. Richard Chang received the Fab Person of the Year award in recognition of his continued efforts to integrate advanced technologies through innovation and successful strategic partnerships and to provide global customers with 45 nm technology at 300 mm foundry services made available domestically in Mainland China. SMIC's driving of leading technologies has helped close the technology gap between the Chinese semiconductor industry and global semiconductor industry.

About SMIC

Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, providing integrated circuit (IC) manufacturing service at 0.35 micron to 65 nanometer and finer line technologies. Headquartered in Shanghai, China, SMIC has a 300- millimeter wafer fabrication facility (fab) and three 200mm wafer fabs in its Shanghai mega-fab, two 300mm wafer fabs in its Beijing mega-fab, a 200mm wafer fab in Tianjin, and an in-house assembly and testing facility in Chengdu. SMIC also has customer service and marketing offices in the U.S., Europe, and Japan, and a representative office in Hong Kong. In addition, SMIC manages and operates a 200mm wafer fab in Chengdu owned by Cension Semiconductor Manufacturing Corporation and a 300mm wafer fab under construction in Wuhan owned by Wuhan Xinxin Semiconductor Manufacturing Corporation. For more information, please visit http://www.smics.com/ .

About Semiconductor International

Semiconductor International is the most authoritative publication on semiconductor manufacturing technology published by Reed Business Information 20 years ago and was introduced to China in late 2002. It is now the largest publication for the global industry in English, Japanese and Chinese editions with a combined circulation of 63,000 and editorial team based in the United States, Japan, Europe and China. In 2006, SI China also established a partnership with Shanghai IC Association, becoming its official publication.

Press Contact: SMIC Reiko Chang Corporate Relations Tel: +86-21 5080 2000 ext 10544 Email: Reiko_Chang@smics.com

Semiconductor Manufacturing International Corporation

CONTACT: Reiko Chang, Corporate Relations of SMIC, +86-21-5080-2000 ext
10544, or Reiko_Chang@smics.com

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

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News archive of November 2009
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