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Companies news of 2008-03-04 (page 1)

  • LeMaitre Vascular Reports Q4 2007 Revenue of $11.1 Million, a 27% Increase
  • MetaSwarm Announces Exclusive Licensing Agreement for Music Rights in ChinaMetaSwarm Joins...
  • Digital Realty Trust to Present at the Raymond James 29th Annual Institutional Investors...
  • American Software Reports Preliminary Third Quarter of Fiscal Year 2008 ResultsCompany...
  • Logility Reports Preliminary Third Quarter of Fiscal Year 2008 ResultsCompany Reports 11th...
  • IRS Confirms Tax-Free Status of Scripps Separation
  • Oracle Sets the Date for its Third Quarter Fiscal Year 2008 Earnings AnnouncementEarnings...
  • eDiets.com(R) Announces Q4 and Year End 2007 Results- Reiterates 2008 Revenue Guidance of...
  • AutoTrader Publishing Partners with GM to Create a Special Edition New Vehicle Publication...
  • American Metal & Technology, Inc. Retains CCG Elite
  • CSC Licenses Wealth Management Software to Western & Southern Financial GroupNew Client to...
  • Siemens PTI Releases Largest Upgrade to Its Signature SoftwarePSS(TM)E Version 31 breaks...
  • STAAR Surgical's Visian ICL Procedure Performed Live on NBC's Today show
  • MDC Partners Hires Tom Birk as Director, Strategic Partner InitiativesKey Addition to...
  • RRSat Chosen by Swedish National Television (SVT) to Transmit TV Channel Over Europe
  • Celestica collaborates with Microsoft on the development of BEE3 platform...
  • Sports-Stuff.com Inc. Announces Official Name Change to Mobilized Entertainment, Inc. and...
  • Microsoft Research Offers Behind-the-Scenes Look at Future of ComputingAnnual TechFest...
  • InfoLogix to Report Fourth Quarter and Year End Financial Results on March 12, 2008
  • Diamond's Retirement Study Finds Companies Ill-Prepared to Meet Baby Boomers' Health and...
  • Vote Now for 'Best of Citysearch' Street Cents CampaignNew Best of Citysearch Campaign...
  • Statement from the Supervisory Board of STMicroelectronics
  • Number of U.S. Computers Accessing the Internet Via Mobile Broadband Soars 154 Percent in...
  • Texas Instruments to broadcast its 1Q08 mid-quarter financial update on the web
  • Signature Devices, Inc. Reports First Playable Version of Black Sigil for Nintendo DS(TM)...
  • Pearson Launches Second Phase Pilot Program for New Pearson Test of English (PTE) for...
  • More Cable TV Choice for Abington, Mass., Consumers5,000 More Households Now Can Order...
  • Seven Summits Research Releases Comments on GM, SNDK, NYX, POT, and AEM
  • Henry Bros. Electronics, Inc. Announces Appointment of New Vice President & General...



    LeMaitre Vascular Reports Q4 2007 Revenue of $11.1 Million, a 27% Increase

    BURLINGTON, Mass., March 4 /PRNewswire-FirstCall/ -- LeMaitre Vascular, Inc. , a provider of peripheral vascular devices and implants, today announced financial results for Q4 2007 and the year ended December 31, 2007. Q4 2007 revenues were $11.1 million, an increase of 27% over Q4 2006. 2007 revenues were $41.4 million, an increase of 20% over 2006.

    Q4 2007 revenues increased 52% in the Company's endovascular and dialysis access category, 17% in its vascular category, and 13% in the general surgery category. For the full year 2007, the Company's endovascular and dialysis access category increased 44%, while the vascular and general surgery categories grew 12% and 2%, respectively. The principal sales drivers in 2007 were the expansion of the sales force, the first year of European distribution of the Endologix stent graft, the weak dollar, and higher average selling prices.

    For Q4 2007, the Company reported a gross margin of 73.3% versus 75.3% in the year earlier quarter. This decrease was primarily due to a $105,000 non- cash charge related to OEM inventory included in the December 2007 Biomateriali acquisition. The Company's 2007 gross margin was 74.1% versus 72.9% in 2006. The annual gross margin improvement was primarily driven by price increases and manufacturing cost reductions.

    The Company ended 2007 with $22.9 million in cash and cash equivalents. This compares to $25.6 million in cash and cash equivalents at the end of Q3 2007. $2.4 million of this $2.7 million reduction was attributable to the acquisitions executed in Q4 2007.

    George W. LeMaitre, Chairman and CEO said, "We had a successful 2007. We grew sales by 20% and posted a record 74.1% gross margin. We also completed four acquisitions, bought out our Italian distributor, launched four next- generation products and ramped up our sales force. In 2007, our sales became more endovascular (now 34%), more international (39%), more direct-to-hospital (90%) and more implantable (23%.) In 2008, we look forward to integrating our recent acquisitions and completing the launches of our TT Tortuous Tracker Stent Graft Delivery System as well as our EndoFit Uniform TopStent. Our compounded annual sales growth rate was 19% during the 2002-2007 period."

    The Company reported a net loss of $1,178,000, or $0.08 per diluted share, for Q4 2007 compared to a net loss of $674,000, or $0.05 per diluted share, for Q4 2006. The 2007 net loss was $2,934,000, or $0.19 per diluted share, compared with the 2006 net loss of $1,172,000, or $0.15 per diluted share. The Q4 2007 operating loss was $1,317,000, compared to an operating loss of $433,000 for Q4 2006. The 2007 operating loss was $4,283,000 compared to an operating loss of $679,000 for 2006.

    In 2007, the Company recorded $1.5 million of extraordinary charges. These included restructuring and impairment charges of $1,049,000 primarily from the Company's buyout of its Italian and Irish distributors, $373,000 of purchased R&D (non-cash), and the $105,000 Biomateriali OEM inventory write-down (non- cash). Excluding these three specific items, the non-GAAP operating loss for Q4 and 2007 would have been $856,000 and $2,756,000 respectively.

    Sales and marketing expenses for 2007 increased 28% to $19,443,000 from $15,183,000 in 2006. The increase was primarily a result of a larger sales force. The Company ended 2007 with 57 sales representatives, compared to 47 at the end of 2006.

    For 2007, general and administrative expenses increased 34% to $9,534,000. This increase was primarily the result of the higher costs associated with being a publicly-traded company for 12 months in 2007 versus 2 1/2 months in 2006.

    R&D expenses, excluding purchased R&D, increased 39% to $4,591,000 in 2007, compared to $3,301,000 in 2006. The Company launched four products in 2007, including the Pruitt F3 Carotid Shunt (Q1), the Flexcel II Carotid Shunt (Q3), the TT Tortuous Tracker Delivery System (Q4) and the Endofit Uniform TopStent (Q4).

    Business Outlook

    The Company expects 2008 net sales between $47 million and $48 million. In addition, the Company expects its 2008 operating loss to be comparable to the $4.3 million operating loss posted in 2007. The Company's expectations for future financial performance do not include the impact of any potential acquisitions.

    Conference Call Reminder

    Management will conduct a conference call at 5:00 p.m. EST today to review the Company's financial results and discuss its business outlook for 2008. The conference call will be broadcast live over the internet. Individuals who are interested in listening to the webcast should log on to the Company's website at http://www.lemaitre.com/investor. The conference call may also be accessed by dialing 866-831-6267 (1-617-213-8857 for international callers) using passcode: 70767653. For interested individuals unable to join the live conference call, a replay will be available on the Company's website.

    About LeMaitre Vascular

    LeMaitre Vascular is a provider of devices for the treatment of peripheral vascular disease. We develop, manufacture and market disposable and implantable vascular devices to address the needs of vascular surgeons. The Company's devices are used to treat peripheral vascular disease, a condition that we estimate affects more than 20 million people worldwide.

    Well-known to vascular surgeons, the Company's diversified product portfolio consists of brand name devices that are used in arteries and veins outside of the heart including the Expandable LeMaitre Valvulotome and the Pruitt-Inahara Carotid Shunt. Recent acquisitions include EndoMed, a manufacturer of endovascular stent grafts, and Biomateriali, a manufacturer of vascular grafts.

    LeMaitre and the LeMaitre Vascular logo are trademarks of LeMaitre Vascular, Inc., registered in the U.S. and other countries. This press release contains trademarks and trade names of the Company and other third parties, which are the properties of their respective owners.

    For more information about the Company, please visit http://www.lemaitre.com/.

    Use of Non-GAAP Financial Measures

    LeMaitre Vascular management believes that in order to properly understand the Company's short-term and long-term financial trends, investors may wish to consider the impact of certain non-cash or non-recurring items, when used as a supplement to financial performance measures in accordance with GAAP. These items result from facts and circumstances that vary in frequency and/or impact on continuing operations. In addition, management uses results of operations before such items to evaluate the operational performance of the company and as a basis for strategic planning. Investors should consider these non-GAAP measures in addition to, and not as a substitute for, financial performance measures in accordance with GAAP. In addition to the description provided below, reconciliation of GAAP to non-GAAP results is provided in the financial statement tables included in this press release.

    In this press release, the Company has reported a non-GAAP measure which excludes certain non-recurring expenses related to restructuring and to acquisitions. During 2007, the Company elected to terminate its exclusive distributors in Italy and Ireland prior to the expiration of their contracts and entered into separation agreements. The Company incurred charges of $1,042,000 in connection with these transactions. In Q4 2007, the Company acquired certain assets related to an endovascular device and incurred a non- cash charge for purchased R&D of $373,000, and wrote down $105,000 of OEM inventory acquired in the Biomateriali acquisition.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this press release regarding the Company's business that are not historical facts may be "forward-looking statements" that involve risks and uncertainties. Specifically, statements regarding the Company's financial guidance for 2008, the integration of its 2007 acquisitions, and the launch of its TT Tortuous Tracker Delivery System and EndoFit Uniform TopStent are forward-looking statements involving risks and uncertainties. The Company's fourth quarter 2007 and fiscal year 2007 financial results, as discussed in this release, are preliminary and unaudited, and subject to adjustment. Forward-looking statements are based on management's current, preliminary expectations and are subject to risks and uncertainties that could cause actual results to differ from the results predicted. These risks and uncertainties include, but are not limited to, risks related to product demand and market acceptance of the Company's products; the significant competition the Company faces from other companies, technologies, and alternative medical procedures; the Company's ability to realize the anticipated benefits of its acquisitions; the Company's ability to effectively expand its sales force; the possibility that the Company's new products may fail to provide the desired safety and efficacy or may not be accepted by the market for other reasons; the Company's ability to expand its product offerings through internal development or acquisition; disruption at either of the Company's two manufacturing facilities; the general uncertainty related to seeking regulatory approvals for the Company's products, particularly in the United States; potential claims of third parties that the Company's products infringe their intellectual property rights; and the risks and uncertainties included under the heading "Risk Factors" in our most recent Annual Report on Form 10- K, as updated by our most recent quarterly report on Form 10-Q and other periodic filings with the SEC, all of which are available on the Company's investor relations website at http://www.lemaitre.com/ and on the SEC's website at http://www.sec.gov/. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.

    Financial Statements LEMAITRE VASCULAR, INC CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (amounts in thousands, except per share amounts) For the three months ended December 31, 2007 December 31, 2006 (unaudited) Net sales $11,104 $8,757 Cost of sales 2,961 2,162 Gross profit 8,143 6,595 Operating expenses: Sales and marketing 5,313 4,544 General and administrative 2,617 2,055 Research and development 1,174 715 Purchased research and development 373 - Restructuring charges (credit) (17) 26 Impairment charge (credit) - (312) Total operating expenses 9,460 7,028 Income (loss) from operations (1,317) (433) Other income (expense): Interest income (expense), net 244 278 Other (expense) income, net 8 4 Total other income (expense) 252 282 Income (loss) before income taxes (1,065) (151) Provision for income taxes 113 523 Net income (loss) $(1,178) $(674) Net income (loss) per share of common stock: Basic $(0.08) $(0.05) Diluted $(0.08) $(0.05) Weighted average shares outstanding 15,465 13,876 Diluted weighted average shares outstanding 15,465 13,876 LEMAITRE VASCULAR, INC CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (amounts in thousands, except per share amounts) For the year ended December 31, 2007 December 31, 2006 (unaudited) Net sales $41,446 $34,628 Cost of sales 10,739 9,367 Gross profit 30,707 25,261 Operating expenses: Sales and marketing 19,443 15,183 General and administrative 9,534 7,105 Research and development 4,591 3,301 Purchased research and development 373 - Restructuring charges (credit) 1,042 257 Impairment charge (credit) 7 94 Total operating expenses 34,990 25,940 Income (loss) from operations (4,283) (679) Other income (expense): Interest income (expense), net 1,298 3 Other (expense) income, net 283 156 Total other income (expense) 1,581 159 Income (loss) before income taxes (2,702) (520) Provision for income taxes 232 652 Net income (loss) $(2,934) $(1,172) Net income (loss) per share of common stock: Basic $(0.19) $(0.15) Diluted $(0.19) $(0.15) Weighted average shares outstanding 15,398 9,904 Diluted weighted average shares outstanding 15,398 9,904 LEMAITRE VASCULAR, INC CONDENSED CONSOLIDATED BALANCE SHEETS (amounts in thousands) December 31, 2007 December 31, 2006 (unaudited) Assets Current assets: Cash and cash equivalents $6,691 $15,391 Marketable securities 16,198 15,417 Accounts receivable, net 7,020 5,060 Inventories 9,589 6,081 Other current assets 2,562 1,692 Total current assets 42,060 43,641 Property and equipment, net 2,891 2,389 Goodwill 10,942 8,853 Other intangibles, net 3,886 1,930 Other assets 1,372 150 Total assets $61,151 $56,963 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $2,565 $818 Accrued expenses 6,661 4,528 Revolving line of credit 262 - Acquisition-related obligations 851 - Current portion of capital leases - 32 Total current liabilities 10,339 5,378 Long-term debt, net of current portion 42 - Deferred tax liabilities 996 833 Other long-term liabilities 1,188 53 Total liabilities 12,565 6,264 Stockholders' equity Preferred stock - - Common stock 156 153 Additional paid-in capital 61,186 60,504 Accumulated deficit (12,880) (9,946) Accumulated other comprehensive income 291 73 Treasury stock (167) (85) Total stockholders' equity 48,586 50,699 Total liabilities and stockholders' equity $61,151 $56,963 LEMAITRE VASCULAR, INC SELECTED NET SALES INFORMATION (amounts in thousands) (unaudited) For the three months ended December 31, 2007 December 31, 2006 $ % $ % Net Sales by Product Category: Endovascular & Dialysis $3,910 35% $2,573 30% Vascular 6,181 56% 5,290 60% General Surgery 1,013 9% 894 10% Total net sales $11,104 100% $8,757 100% Net Sales by Geography United States and Canada $6,909 62% $5,767 66% Outside the United States and Canada 4,195 38% 2,990 34% $11,104 100% $8,757 100% LEMAITRE VASCULAR, INC SELECTED NET SALES INFORMATION (amounts in thousands) (unaudited) For the year ended December 31, 2007 December 31, 2006 $ % $ % Net Sales by Product Category: Endovascular & Dialysis $14,166 34% $9,833 28% Vascular 23,397 57% 20,992 61% General Surgery 3,883 9% 3,803 11% Total net sales $41,446 100% $34,628 100% Net Sales by Geography United States and Canada $25,141 61% $22,362 65% Outside the United States and Canada 16,305 39% 12,266 35% $41,446 100% $34,628 100% LEMAITRE VASCULAR, INC NON-GAAP FINANCIAL MEASURES (amounts in thousands) (unaudited) For the three months For the year ended ended December 31, 2007 December 31, 2007 Reconciliation between GAAP and Non-GAAP operating loss: Operating loss as reported ($1,317) ($4,283) Purchased research and development 373 373 Inventory write-down 105 105 Restructuring charges (credit) (17) 1,042 Impairment 0 7 Adjusted operating loss ($856) ($2,756)

    LeMaitre Vascular, Inc.

    CONTACT: J.J. Pellegrino, Chief Financial Officer of LeMaitre Vascular
    Inc., +1-781-221-2266, ext. 106, jpellegrino@lemaitre.com

    Web site: http://www.lemaitre.com/
    http://www.lemaitre.com/investor




    MetaSwarm Announces Exclusive Licensing Agreement for Music Rights in ChinaMetaSwarm Joins Google and Baidu in the Digital Music Market in Mainland China

    BEIJING, March 4 /PRNewswire-FirstCall/ -- MetaSwarm, Inc. (Pink Sheets: MSWM) today announced that it has signed an exclusive agreement with Beijing InfoSure Technology Ltd. to market ringtone music titles to be licensed by MetaSwarm. The agreement grants Beijing InfoSure the right to telemarket the music anywhere in mainland China and the right to distribute ringtones and callback tones on mobile phones, telecommunication value-added services and mobile Internet devices. Complete music titles will also be available to business establishments through licensing agreements. The agreement will initially encompass a catalog of Chinese music and ringtone titles licensed to Beijing InfoSure but will subsequently encompass catalogs from outside China during the first two years of the agreement due to potential licensing deals that MetaSwarm is negotiating. MetaSwarm's responsibilities will include the negotiation and licensing of music from content providers in the United States and throughout the world. Beijing InfoSure's duties will include the promotion, distribution network construction and sales.

    Due to the nature of the service, potential revenues are based on how much content MetaSwarm can bring into the distribution channel as well as the number of people who will access the content. MetaSwarm anticipates potential 2008 revenues of US$1.6-2.3 million from these music rights, assuming no expansion of geographic service areas. Revenues are expected to increase in 2009 to US$800,000 to $1.1 million per month once the licensing agreements and technology are fully in place. This would potentially bring additional revenues of US$9.6-13.2 million to MetaSwarm in 2009 on the music rights business alone, assuming no expansion into additional provinces in China.

    The Mobile Ringtone Market in China

    As a result of the proliferation of social networks in China, there is a large demand for diverse inventories of ring tones and other licensed music in China. According to a recent speech given by the Chairman of the International Federation of the Phonographic Industry, the international record companies operating in China derive 15% of industry revenues from sales of music via mobile phones.

    According to Chinese news site ChinaByte (http://data.chinabyte.com/142/2307642.shtml) China Mobile, China's largest cellular phone service provider, had 400 million users as of the end of 2007, of which 270 million were caller ringback tone ("CRBT") subscribers. In comparison, the entire population of the United States is about 300 million. One of the areas in which the telecommunications giant sees the most growth is in value-added services, such as CRBT. China Mobile noted that it generated approximately US$1.4-1.74 billion in revenues from CRBT subscriptions in 2007, an 18.54% increase over the same period in 2006. China Mobile predicts that the number of CRBT users in China will increase to 300 million and that annual revenues are expected to exceed approximately US$20 billion by 2010.

    About MetaSwarm, Inc.

    MetaSwarm, Inc. is headquartered in California and is focused in the information technology industry. MetaSwarm specializes in personal and commercial information assurance solutions, including anti-fraud, anti-spam, and relationship analysis solutions for the Internet e-commerce markets. Specifically, MetaSwarm products provide applications for message management, message and website validation, and message and website analysis for email, cell phone text messaging (SMS), instant messaging (IM), and web pages.

    MetaSwarm has a strategic partnership with China Standard Technology Development Corporation, the SGS China JV partner in China, to support and manage the Company's technology network in China. China Standard will manage the MetaSwarm government validated messaging system through their own data center and will also install, validate and manage all of the hardware for MetaSwarm's technology. China Standard's JV company, SGS China, currently issues many of the certificates of validation for imports/exports as well as quality assurance for China's government so this partnership is an extension that gives China Standard and SGS China reach into the online realm. China Standard will play a crucial role in MetaSwarm's China expansion, particularly when the system initiates its nationwide rollout to a potential market of 455 million cellular phone users.

    About Beijing InfoSure

    Beijing InfoSure Technology Ltd. is the only licensee of the Hyperswarm Engine patent pending products of MetaSwarm, Inc. Beijing InfoSure surfs on top of the leading tide of the state-of-the-art technologies in the world. Based on the platform of the Hyperswarm Engine, it does R&D and design, provides solutions against various digital information, including high efficient anti-spam solutions in email and SMS, anti-phishing solutions, as well as solutions and application services on message verification, information personalization, etc.

    Beijing InfoSure has an exclusive agreement with China Unicom to install MetaSwarm's technology onto one of China's largest cellular networks. As of December 31, 2006, China Unicom served over 140 million cellular subscribers and is the world's third largest mobile phone operator. To date, China Unicom is the only licensed full telecom service provider in China, with services spanning fixed-line to mobile, IP telephony, data and Internet. Beijing InfoSure is the exclusive licensee of MetaSwarm's technology in China and the relationship between Beijing InfoSure and China Unicom is based on this licensed technology.

    Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectation

    Contact: Marvin Shannon -- Chief Executive Officer

    Phone: (626) 792-0153

    MetaSwarm, Inc.

    CONTACT: Marvin Shannon, Chief Executive Officer of MetaSwarm, Inc.,
    +1-626-792-0153




    Digital Realty Trust to Present at the Raymond James 29th Annual Institutional Investors Conference

    SAN FRANCISCO, March 4 /PRNewswire-FirstCall/ -- Digital Realty Trust announced today that A. William Stein, CFO and Chief Investment Officer, will be presenting at the Raymond James 29th Annual Institutional Investors Conference on Wednesday, March 5, 2008 at 8:40 a.m. ET. The conference is being held March 2 - 5, 2008 at the Hyatt Regency Grand Cypress in Orlando, Florida.

    A webcast of the live presentation will be accessible from the investor relations section of Digital Realty Trust's website at http://www.digitalrealtytrust.com/. For those who cannot participate in the live event, an archive of the webcast will also be available after the presentation for 30 days at http://www.digitalrealtytrust.com/.

    About Digital Realty Trust, Inc.

    Digital Realty Trust, Inc. owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter(TM) and Powered Base Building(TM) datacenter solutions for domestic and international tenants across a variety of industry verticals ranging from information technology and internet enterprises, to manufacturing and financial services. Digital Realty Trust's 71 properties, excluding one property held as an investment in an unconsolidated joint venture, contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacentre tenants. Comprising approximately 12.6 million rentable square feet as of February 26, 2008, including 2.0 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 26 markets throughout North America and Europe. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com/.

    For Additional Information: A. William Stein Pamela A. Matthews Chief Financial Officer and Investor/Analyst Information Chief Investment Officer Digital Realty Trust, Inc. Digital Realty Trust, Inc. +1 (415) 738-6500 +1 (415) 738-6500

    Digital Realty Trust

    CONTACT: A. William Stein, Chief Financial Officer and Chief Investment
    Officer, or investors, Pamela A. Matthews, both of Digital Realty Trust,
    +1-415-738-6500

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




    American Software Reports Preliminary Third Quarter of Fiscal Year 2008 ResultsCompany Reports 28th Consecutive Quarter of Profitability and Positive Operating Cash Flow

    ATLANTA, March 4 /PRNewswire-FirstCall/ -- American Software, Inc. today reported financial results for the third quarter of fiscal year 2008, achieving 28 consecutive quarters of profitability.

    Key third quarter financial highlights include: - Total revenues for the quarter ended January 31, 2008 were $22.1 million, an increase of 3% over the third quarter of fiscal 2007; - Software license fees for the quarter ended January 31, 2008 were $4.3 million, a decrease of 24% over the third quarter of fiscal 2007; - Services and other revenues for the third quarter ended January 31, 2008 were $10.6 million; an increase of 24% over the third quarter of fiscal 2007; - Maintenance revenues for the quarter ended January 31, 2008 were $7.1 million, a decrease of 1% over the third quarter of fiscal 2007; and - Operating earnings for the quarter ended January 31, 2008 were approximately $1.6 million which includes, a decrease of 47% compared to operating earnings for the third quarter of fiscal 2007; operating earnings for the third quarter ended January 31, 2008 included a non- cash write-down of capitalized software development costs of $1.2 million.

    GAAP net earnings were approximately $1.1 million or $0.04 per fully diluted share for the third quarter of fiscal 2008 compared to $2.5 million or $0.10 per fully diluted share for the same period last year. Adjusted net earnings, which excludes stock option compensation expense, acquisition- related amortization of intangibles, and write-down of capitalized software costs, for the quarter ended January 31, 2008 were $2.2 million or $0.08 per fully diluted share compared to $2.7 million or $0.10 per fully diluted share for the same period last year.

    Total revenues for the nine months ended January 31, 2008 were $67.4 million or a 9% increase compared to $61.9 million for the comparable period last year. Software license fees for the nine-month period were $14.3 million or a 1% decrease compared to $14.4 million during the same period last year.

    Services and other revenues were $32.0 million or an 18% increase compared to $27.1 million in the same period last year. Maintenance revenues were $21.1 million or a 4% increase compared to $20.3 million in the same period last year. For the nine months ended January 31, 2008, the Company reported operating earnings of approximately $6.9 million, a 7% increase compared to operating earnings of $6.4 million for the same period last year; operating earnings for the nine months ended January 31, 2008 included a non cash write- down of capitalized software development costs of $1.2 million.

    GAAP net earnings were approximately $5.6 million or $0.21 per fully diluted share for the nine months ended January 31, 2008 compared to $5.6 million or $0.22 per fully diluted share for the same period last year. Adjusted net earnings year to date as of January 31, 2008, which excludes stock option compensation expense, acquisition-related amortization of intangibles, and write-down of capitalized software costs, were $6.9 million or $0.26 earnings per fully diluted share compared to $6.1 million or $0.24 earnings per fully diluted share for the same period last year.

    The Company is including adjusted net earnings and adjusted net earnings per share in the summary financial information provided with this press release as supplemental information relating to its operating results. This financial information is not in accordance with, or an alternative for, GAAP and may be different from non-GAAP net earnings and non-GAAP per share measures used by other companies. The Company believes that this presentation of adjusted net earnings and adjusted net earnings per share provides useful information to investors regarding certain additional financial and business trends relating to its financial condition and results of operations.

    The overall financial condition of the Company remains strong, with cash and investments of approximately $74.9 million and no debt as of January 31, 2008. This is an increase in cash and investments of approximately $5.0 million compared to January 31, 2007.

    "License fee revenue was impacted by several significant software license contracts that were deferred to later quarters. At this time, it is not clear whether this was due to deteriorating economic conditions or to random occurrences. It should be noted that the $1.2 million write-down of capitalized software was a non-cash event," stated James C. Edenfield, president and CEO of American Software. "In spite of these temporary setbacks, we achieved our 28th consecutive quarter of profitability and positive operating cash flow and remain optimistic about the Company's future."

    Additional highlights for the third quarter of fiscal year 2008 include: Customers: - Notable new and existing customers placing orders with the Company in the third quarter include: Arch Chemicals, Bob's Furniture, Caremark International, Ellery Homestyles, GST Autoleather, Hartmarx Corp., Huhtamaki LTD, Johnson Diversey Japan, Precision Dormer, PPG Industries Europe, OOBE, Puma, R.G. Barry, Unilever UK Ltd., and Yurman Design. - During the quarter, software license agreements were signed with customers located in 14 countries including: Australia, Canada, China, Ireland, Italy, Japan, Norway, Pakistan, Singapore, South Africa, Sweden, Switzerland, the United Kingdom, and the United States. - New Generation Computing (NGC(R)), a wholly-owned subsidiary of the Company, announced that R.G. Barry Corporation has selected NGC's e-SPS as its strategic software platform to manage overseas suppliers and trading partners. R.G. Barry, "the Dearfoams(R) company," is one of the world's leading developers and marketers of accessory footwear. - NGC announced that three of its customers - Maggy London, Michael Stars and Russell Athletic - have been named winners of Apparel Magazine's 2007 All-Star awards. Each year, Apparel Magazine honors ten outstanding apparel businesses based on their innovation, excellence in management, track record of growth, and corporate goodwill that reflects positively on the industry. The All-Star winners were selected by the editorial staff based on nominations from industry executives, and each will be profiled in the December issue of the magazine. - Logility, the Company's majority-owned subsidiary, announced that Verizon Wireless, the leader in delivering wireless communication innovations to the mass market, has selected Logility Voyager Solutions(TM) to strengthen its supply chain by improving inventory, demand and sales and operations planning. - Logility announced Intertape Polymer Group's success implementing Logility Voyager Solutions which has helped Intertape Polymer Group quickly gain visibility and flexibility in its supply chain. As a result of the implementation, Intertape Polymer Group has increased demand visibility, created a more proactive supply chain and refined its inventory and replenishment planning processes. - Logility customer A.O. Smith Water Products was featured in AberdeenGroup's "Demand Management in Discrete Industries" benchmark report for its success in building a lean manufacturing initiative that focuses on better demand management which has led to reduced inventory, more proactive response to demand fluctuations, improved customer service and increased collaboration through a streamlined sales and operations planning process. - Logility announced Connections 2008: Saddle Up for Supply Chain Success to be held May 14-16 in San Antonio, TX. The conference will give customers and attendees the opportunity to network and share ideas with fellow supply chain professionals, and gain the latest insight from industry experts and peers on how to leverage best practices for global supply chain success. Products and Technology: - NGC celebrated its 25th anniversary as a technology leader for the Fashion, Apparel, Footwear and Retail industries. Founded in 1982, NGC has grown to become one of the apparel industry's most highly regarded software companies, with a track record of innovation, a customer base that includes many of the industry's best-known brands and retailers, and offices around the world. NGC is responsible for a number of "firsts" that have enabled apparel brands and retailers to transform their supply chain operations by gaining real-time visibility, improving speed to market and enhancing product quality. - In January, NGC announced its certification as a Microsoft(R) Gold Partner, representing the highest level of competency and expertise with Microsoft technologies. NGC's status as a Gold Certified Partner reaffirms NGC's longstanding relationship with Microsoft and will allow NGC to enjoy the closest possible working relationship with Microsoft. NGC met various requirements for multiple Microsoft competencies and specializations through independent testing of the company's RedHorse(R) 2007 SQL Series ERP software, as well as technology certifications held by NGC employees and positive customer references. - Demand Management, Inc., a wholly-owned subsidiary of Logility, announced integration of the Demand Solutions(R) planning suite with Microsoft Dynamics(TM) GP and Microsoft Dynamics NAV. The integration is in response to significant overlap among Demand Solutions and Microsoft Dynamics GP and Microsoft Dynamics' NAV customer profiles. Demand Management, Inc. also announced plans to adopt Microsoft's next generation technology platform, including Microsoft SQL Server 2008, Microsoft Vista Ribbon Technology and .NET 3.0/3.5, for all future Demand Solutions product offerings. Demand Management and Microsoft share existing and potential customers in small and midsize enterprises. - Food Logistics magazine named both Logility and Demand Management, to the FL100, an annual listing of the Top 100 technology suppliers to the food industry, for the fourth consecutive year. The FL100 consists of technology and solution providers that are helping food, beverage and consumer packaged goods companies to transform their supply chains and gain a competitive supply chain advantage. The FL100 is printed as the cover story for the November/December 2007 issue of Food Logistics and is featured on the http://www.foodlogistics.com/ website. - Logility received multiple Reader's Choice Awards for the eighth consecutive year by Consumer Goods Technology magazine. Logility was ranked as a top three solution provider for supply chain planning and supply chain execution and also ranked number two for customer experience in both categories by Consumer Goods Technology readers. About American Software, Inc.

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

    Forward-Looking Statements

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

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

    AMERICAN SOFTWARE, INC. Consolidated Statements of Operations Information (In thousands, except per share data) (Unaudited) Third Quarter Ended Nine Months Ended January 31, January 31, Pct Pct 2008 2007 Chg. 2008 2007 Chg. Revenues: License $4,335 $5,726 (24%) $14,261 $14,432 (1%) Services & other 10,611 8,577 24% 32,032 27,120 18% Maintenance 7,127 7,175 (1%) 21,121 20,332 4% Total Revenues 22,073 21,478 3% 67,414 61,884 9% Cost of Revenues: License 1,386 1,415 (2%) 4,621 4,474 3% Services & other 7,246 6,022 20% 22,520 18,965 19% Maintenance 1,940 1,823 6% 5,581 5,391 4% Write-down of capitalized software development costs 1,196 - nm 1,196 - nm Total Cost of Revenues 11,768 9,260 27% 33,918 28,830 18% Gross Margin 10,305 12,218 (16%) 33,496 33,054 1% Operating expenses: Research and development 2,237 2,408 (7%) 7,131 7,036 1% Less: capitalized development (480) (495) (3%) (1,635) (1,678) (3%) Sales and marketing 4,085 3,560 15% 11,298 10,600 7% General and administrative 2,813 3,694 (24%) 9,574 10,430 (8%) Acquisition related amortization of intangibles 88 88 0% 263 263 0% Total Operating Expenses 8,743 9,255 (6%) 26,631 26,651 0% Operating Earnings 1,562 2,963 (47%) 6,865 6,403 7% Interest Income & Other, Net 143 1,423 (90%) 2,722 3,494 (22%) Earnings Before Income Taxes and Minority Interest 1,705 4,386 (61%) 9,587 9,897 (3%) Income Tax Expense 461 1,635 (72%) 3,397 3,813 (11%) Minority Interest Expense 107 248 (57%) 557 513 9% Net Earnings $1,137 $2,503 (55%) $5,633 $5,571 1% Earnings per common share: (1) Basic $0.04 $0.10 (60%) $0.22 $0.23 (4%) Diluted $0.04 $0.10 (60%) $0.21 $0.22 (5%) Weighted average number of common shares outstanding: Basic 25,562 24,676 25,406 24,573 Diluted 26,449 25,859 27,125 25,693 Reconciliation of Adjusted Net Earnings: Net Earnings $1,137 $2,503 $5,633 $5,571 Acquisition related amortization of intangibles (2) 64 55 170 162 Stock-based compensation (2) 158 121 372 390 Write-down of capitalized software development costs (2) 873 - 773 - Adjusted Net Earnings $2,232 $2,679 (17%) $6,948 $6,123 13% Adjusted Net Earnings per Diluted Share $0.08 $0.10 (20%) $0.26 $0.24 8% (1) - Basic per share amounts are the same for Class A and Class B shares. Diluted per share amounts for Class A shares are shown above. Diluted per share for Class B shares under the two-class method are $0.04 and $0.10 for the three months ended January 31, 2008 and 2007 and $0.22 and $0.23 for the nine months ended January 31, 2008 and 2007. (2) - Tax affected nm- not meaningful AMERICAN SOFTWARE, INC. Consolidated Balance Sheet Information (In thousands) (Unaudited) January 31, April 30, 2008 2007 Cash and Short-term investments $74,896 $72,769 Accounts Receivable: Billed 12,559 12,489 Unbilled 4,815 3,860 Total Accounts Receivable, net 17,374 16,349 Prepaids & Other 3,251 2,560 Current Assets 95,521 91,678 PP&E, net 7,032 7,080 Capitalized Software, net 4,652 6,137 Goodwill 11,503 11,210 Other Intangibles 1,157 1,472 Non-current Assets 249 239 Total Assets $120,114 $117,816 Accounts Payable $1,358 $1,138 Other Current Liabilities 5,042 8,853 Dividend Payable 2,301 1,984 Deferred Tax Liability 697 911 Deferred Revenues 15,432 15,441 Current Liabilities 24,830 28,327 Deferred Tax Liability 1,224 1,697 Minority Interest 5,888 5,061 Shareholders' Equity 88,172 82,731 Total Liabilities & Shareholders' Equity $120,114 $117,816

    American Software, Inc.

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

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

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




    Logility Reports Preliminary Third Quarter of Fiscal Year 2008 ResultsCompany Reports 11th Consecutive Quarter of Profitability

    ATLANTA, March 4 /PRNewswire-FirstCall/ -- Logility, Inc. , a leading supplier of collaborative solutions to optimize the supply chain, today announced financial results for the third quarter of fiscal year 2008, achieving 11 consecutive quarters of profitability.

    Key third quarter financial highlights include: -- Total revenues for the quarter ended January 31, 2008 were $9.9 million, a decrease of 12% over the third quarter of fiscal 2007; -- Software license fees for the quarter ended January 31, 2008 were $2.3 million, a decrease of 40% over the third quarter of fiscal 2007; -- Services and other revenues for the quarter ended January 31, 2008 were $1.9 million, an increase of 9% over the third quarter of fiscal 2007; -- Maintenance revenues for the quarter ended January 31, 2008 were $5.7 million, an increase of 1% over the third quarter of fiscal 2007; and -- Operating earnings for the quarter ended January 31, 2008 were approximately $0.7 million, a decrease of 75% compared to operating earnings for the third quarter of fiscal 2007; operating earnings for the third quarter ended January 31, 2008 included a non-cash write-down of capitalized software development costs of $1.2 million.

    GAAP net earnings were $835,000 or $0.06 earnings per fully diluted share for the third quarter of fiscal 2008 compared to net earnings of $2.0 million or $0.15 earnings per fully diluted share for the third quarter of fiscal 2007. Adjusted net earnings, which exclude stock option compensation expense, acquisition-related amortization of intangibles expense and write-down of capitalized software costs, for the quarter ended January 31, 2008 were $1.8 million or $0.13 earnings per fully diluted share compared to adjusted net earnings of $2.1 million or $0.16 earnings per fully diluted share for the same period last year.

    Total revenues for the nine months ended January 31, 2008 were $33.0 million or a 7% increase compared to the comparable period last year. Software license fees for the nine months were $10.4 million or a 1% decrease compared to the same period last year. Services and other revenues were $6.0 million or a 25% increase compared to the same period last year. Maintenance revenues were $16.6 million or a 7% increase compared to the same period last year. For the nine months ended January 31, 2008, the Company reported operating earnings of approximately $5.9 million, a 9% increase compared to operating earnings of $5.4 million for the same period last year; operating earnings for the nine months ended January 31, 2008 included a non-cash write-down of capitalized software development costs of $1.2 million.

    GAAP net earnings were approximately $4.4 million or $0.33 per fully diluted share for the nine months ended January 31, 2008 compared to net earnings of $4.0 million or $0.30 per fully diluted share for the same period last year. Adjusted net earnings, which for the current period exclude stock option compensation expense, acquisition-related amortization of intangibles expense, a non-cash tax valuation adjustment, and write-down of capitalized software costs, for the nine months ended January 31, 2008 were $5.7 million or $0.42 earnings per fully diluted share compared to net earnings of $4.4 million or $0.33 earnings per fully diluted share the same period last year, which exclude stock option compensation expense and acquisition related amortization of intangibles expense.

    The Company is including adjusted net earnings and adjusted net earnings per share in the summary financial information provided with this press release as supplemental information relating to its operating results. This financial information is not in accordance with, or an alternative for, GAAP and may be different from non-GAAP net earnings and non-GAAP per share measures used by other companies. The Company believes that this presentation of adjusted net earnings and adjusted net earnings per share provides useful information to investors regarding certain additional financial and business trends relating to its financial condition and results of operations.

    The overall financial condition of the Company remains strong, with cash and investments of approximately $41.4 million as of January 31, 2008. This is approximately a $1.7 million sequential increase in cash and investments compared to October 31, 2007 and approximately a $9.5 million increase compared to January 31, 2007.

    "While disappointed in our software license revenue for the quarter, our other financial metrics posted solid results and our overall business remains healthy," noted Mike Edenfield, Logility president and CEO. "With our large, satisfied customer base and significant recurring revenues, we remain optimistic about our opportunities in 2008."

    "The increased discipline and efficiency that Demand Solutions and Logility Voyager Solutions provide gives manufacturing, wholesale, retail and logistics organizations the opportunity to significantly improve cash flow and gain greater financial flexibility," continued Edenfield. "Logility's supply chain solutions help effectively synchronize global market demand with supply and distribution to enable a competitive advantage."

    Highlights for the third quarter of fiscal 2008 include: Customers: -- Notable new and existing customers placing orders with the Company in the third quarter include: Arch Chemicals, Bob's Furniture, GST Autoleather, Huhtamaki LTD, Johnson Diversey Japan, PPG Industries Europe, Puma, Unilever UK Ltd., and Yurman Design. -- During the quarter, software license agreements were signed with customers located in 14 countries including: Australia, Canada, China, Ireland, Italy, Japan, Norway, Pakistan, Singapore, South Africa, Sweden, Switzerland, the United Kingdom, and the United States. -- Logility announced that Verizon Wireless, the leader in delivering wireless communication innovations to the mass market, has selected Logility Voyager Solutions(TM) to strengthen its supply chain by improving inventory, demand and sales and operations planning. -- Logility announced Intertape Polymer Group's success implementing Logility Voyager Solutions which has helped Intertape Polymer Group quickly gain visibility and flexibility in its supply chain. As a result of the implementation, Intertape Polymer Group has increased demand visibility, created a more proactive supply chain and refined its inventory and replenishment planning processes. -- Logility customer A.O. Smith Water Products was featured in AberdeenGroup's "Demand Management in Discrete Industries" benchmark report for its success in building a lean manufacturing initiative that focuses on better demand management which has led to reduced inventory, more proactive response to demand fluctuations, improved customer service and increased collaboration through an a streamlined sales and operations planning process. -- Logility announced Connections 2008: Saddle Up for Supply Chain Success to be held May 14-16 in San Antonio, TX. The conference will give customers and attendees the opportunity to network and share ideas with fellow supply chain professionals, and gain the latest insight from industry experts and peers on how to leverage best practices for global supply chain success. Logility Products and Technology: -- Demand Management, Inc. (DMI), a wholly-owned subsidiary of the Company, announced integration of the Demand Solutions(R) planning suite with Microsoft Dynamics(TM) GP and Microsoft Dynamics NAV. The integration is in response to significant overlap among Demand Solutions and Microsoft Dynamics GP and Microsoft Dynamics' NAV customer profiles. Demand Management, Inc. also announced plans to adopt Microsoft's next generation technology platform, including Microsoft SQL Server 2008, Microsoft Vista Ribbon Technology and .NET 3.0/3.5, for all future Demand Solutions product offerings. Demand Management and Microsoft share existing and potential customers in small and midsize enterprises. -- Food Logistics magazine named both Logility and Demand Management, Logility's wholly-owned subsidiary, to the FL100, an annual listing of the Top 100 technology suppliers to the food industry. The FL100 consists of technology and solution providers that are helping food, beverage and consumer packaged goods companies to transform their supply chains and gain a competitive supply chain advantage. Logility was honored to be recognized in the FL100 for the fourth consecutive year. The FL100 is printed as the cover story for the November/December 2007 issue of Food Logistics and is featured on the http://www.foodlogistics.com/ website. -- Logility received multiple Readers' Choice Awards for the eighth consecutive year by Consumer Goods Technology magazine. Logility was ranked as a top three solution provider for supply chain planning and supply chain execution and also ranked number two for customer experience in both categories by Consumer Goods Technology readers. About Logility

    With more than 1,250 customers worldwide, Logility is a leading provider of collaborative supply chain planning solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. Logility Voyager Solutions feature performance monitoring capabilities in a single Internet-based framework and provide supply chain visibility; demand, inventory and replenishment planning; sales and operations planning; supply and global sourcing optimization; transportation planning and execution; and warehouse management. Demand Solutions provide forecasting, demand planning and point-of-sale analysis for maximizing profits in manufacturing, distribution and retail operations. Logility customers include Avery Dennison Corporation, Brown Shoe Company, BP (British Petroleum), Hyundai Motor America, Leviton Manufacturing Company, McCain Foods, Pernod Ricard, Remington Products Company, Sigma Aldrich, Under Armour Performance Apparel and VF Corporation. Logility is a majority-owned subsidiary of American Software . For more information about Logility, call 1-800-762-5207 or visit http://www.logility.com/.

    Forward-Looking Statements

    This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, changes in general economic conditions, technology and the market for the Company's products and services including economic conditions within the e-commerce markets; the timely availability and market acceptance of these products and services; the challenges and risks associated with integration of acquired product lines and companies; the effect of competitive products and pricing; the uncertainty of the viability and effectiveness of strategic alliances; and the irregular pattern of the Company's revenues. For further information about risks the Company could experience as well as other information, please refer to the Company's Form 10-K for the year ended April 30, 2007 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information, contact Vincent C. Klinges, Chief Financial Officer, Logility, Inc., 470 East Paces Ferry Rd., Atlanta, GA 30305, (404) 261-9777. FAX: (404) 264-5206; INTERNET: http://www.logility.com/ or E-mail: askLogility@logility.com.

    Logility is a registered trademark and Logility Voyager Solutions is a trademark of Logility. Demand Solutions is a registered trademark of Demand Management, Inc., a wholly-owned subsidiary of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

    LOGILITY, INC. Consolidated Statements of Operations Information (In thousands, except per share data) (Unaudited) Third Quarter Ended Nine Months Ended January 31, January 31, Pct Pct 2008 2007 Chg. 2008 2007 Chg. Revenues: License $2,333 $3,900 (40%) $10,409 $10,544 (1%) Services & other 1,933 1,773 9% 5,985 4,775 25% Maintenance 5,665 5,623 1% 16,636 15,589 7% Total Revenues 9,931 11,296 (12%) 33,030 30,908 7% Cost of Revenues: License 1,364 1,318 3% 4,518 4,192 8% Services & other 853 879 (3%) 2,898 2,570 13% Maintenance 1,261 1,229 3% 3,609 3,675 (2%) Write-down of capitalized software development costs 1,196 - nm 1,196 - nm Total Cost of Revenues 4,674 3,426 36% 12,221 10,437 17% Gross Margin 5,257 7,870 (33%) 20,809 20,471 2% Operating expenses: Research and development 1,719 1,868 (8%) 5,544 5,391 3% Less: capitalized development (480) (495) (3%) (1,635) (1,678) (3%) Sales and marketing 2,402 2,378 1% 7,279 7,310 0% General and administrative 853 1,381 (38%) 3,484 3,821 (9%) Acquisition related amortization of intangibles 88 88 0% 263 263 0% Total Operating Expenses 4,582 5,220 (12%) 14,935 15,107 (1%) Operating Earnings 675 2,650 (75%) 5,874 5,364 10% Interest Income & Other, Net 538 456 18% 1,451 1,226 18% Earnings Before Income Taxes 1,213 3,106 (61%) 7,325 6,590 11% Income Tax Expense 378 1,111 (66%) 2,971 2,559 16% Net Earnings $835 $1,995 (58%) $4,354 $4,031 8% Earnings per common share: Basic $0.06 $0.15 (60%) $0.34 $0.31 10% Diluted $0.06 $0.15 (60%) $0.33 $0.30 10% Weighted Average Number of Common Shares: Basic 12,964 12,898 12,950 12,897 Diluted 13,336 13,220 13,372 13,247 Reconciliation of Adjusted Net Earnings: Net Earnings $835 $1,995 $4,354 $4,031 Acquisition related amortization of intangibles(1) 61 57 156 161 Stock-based compensation (1) 69 55 165 177 Write-down of capitalized software development costs (1) 823 - 710 - Tax valuation adjustment (non-cash) - - 283 - Adjusted net earnings $1,788 $2,107 (15%) $5,668 $4,369 30% Adjusted Net Earnings per Share - Diluted $0.13 $0.16 (19%) $0.42 $0.33 27% (1) - Tax affected nm- not meaningful LOGILITY, INC. Consolidated Balance Sheet Information (in thousands) (Unaudited) January 31, April 30, 2008 2007 Cash and Short-term investments $41,372 $32,316 Accounts Receivable: Billed 6,308 7,764 Unbilled 977 1,412 Total Accounts Receivable, net 7,285 9,176 Deferred Tax Assets 486 1,361 Due from ASI - 1,167 Prepaids & Other Current Assets 2,409 1,995 Current Assets 51,552 46,015 PP&E, net 453 436 Capitalized Software, net 4,595 6,042 Goodwill 5,809 5,809 Other Intangibles, net 965 1,288 Non-current Assets 61 67 Total Assets $63,435 $59,657 Accounts Payable $398 $275 Other Current Liabilities 2,898 5,680 Due to ASI 1,633 - Deferred Revenues 11,329 11,350 Current Liabilities 16,258 17,305 Deferred Tax Liability 1,792 1,940 Shareholders' Equity 45,385 40,412 Total Liabilities & Shareholders' Equity $63,435 $59,657

    Logility, Inc.

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

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

    Company News On-Call: http://www.prnewswire.com/comp/120967.html




    IRS Confirms Tax-Free Status of Scripps Separation

    CINCINNATI, March 4 /PRNewswire-FirstCall/ -- The E. W. Scripps Company has received a private letter ruling from the Internal Revenue Service confirming the tax-free status of the company's proposed separation into two publicly traded companies.

    The separation will take the form of a pro-rata distribution of stock to Scripps shareholders in a new company -- Scripps Networks Interactive Inc. -- that will be created in the separation. The IRS has confirmed that the distribution will be tax free to Scripps shareholders for federal income tax purposes.

    The company on Oct. 16, 2007, disclosed that its board of directors had unanimously authorized management to pursue a separation of Scripps into two publicly traded companies, one focused on national lifestyle brands and global Internet search businesses and the other focused on local media.

    Upon completion of the transaction, Scripps Networks Interactive will include the businesses that currently comprise the Scripps Networks and Scripps Interactive Media divisions. Scripps Networks includes the company's five national lifestyle television networks and related Internet enterprises. The Scripps Interactive Media division includes the company's Shopzilla and uSwitch online comparison shopping subsidiaries.

    Upon completion of the transaction, The E. W. Scripps Company will continue to operate its local newspapers, broadcast television stations, and licensing and syndication businesses.

    The company anticipates filing a registration statement related to the separation on Form 10 with the Securities and Exchange Commission by the end of March. The transaction to separate the company is expected to be completed in June of this year.

    Forward-looking statements

    This press release contains certain forward-looking statements related to the company's businesses, including the proposed separation plan, that are based on management's current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties, including changes in advertising demand and other economic conditions that could cause actual results to differ materially from the expectations expressed in forward- looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. The company's written policy on forward-looking statements can be found on page F-5 of its 2007 SEC Form 10K.

    We undertake no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date the statement is made.

    About Scripps

    The E. W. Scripps Company is a diverse and growing media enterprise with interests in national cable networks, newspaper publishing, broadcast television stations, interactive media, and licensing and syndication.

    The company's portfolio of media properties includes: Scripps Networks, with such brands as HGTV, Food Network, DIY Network, Fine Living and Great American Country; daily and community newspapers in 15 markets and the Washington-based Scripps Media Center, home to the Scripps Howard News Service; 10 broadcast TV stations, including six ABC-affiliated stations, three NBC affiliates and one independent; Scripps Interactive Media, including leading online search and comparison shopping services, Shopzilla and uSwitch; and United Media, a leading worldwide licensing and syndication company that is the home of PEANUTS, DILBERT and approximately 150 other features and comics.

    The E. W. Scripps Company

    CONTACT: Tim Stautberg of The E. W. Scripps Company, +1-513-977-3826,
    stautberg@scripps.com

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




    Oracle Sets the Date for its Third Quarter Fiscal Year 2008 Earnings AnnouncementEarnings Results to be Released on March 26, 2008, After the Close of the Market

    REDWOOD SHORES, Calif., March 4 /PRNewswire-FirstCall/ -- Oracle Corporation today announced that its third quarter fiscal year 2008 results will be released on Wednesday, March 26, after the close of the market. The company will host a conference call and live web broadcast at 2:00 p.m. (PDT) / 5:00 p.m. (EDT) to discuss the financial results. A live web broadcast of the event will be available on the Oracle Investor Relations website at http://www.oracle.com/investor. Please hold down your control key while pressing refresh to ensure that the weblink is visible.

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

    Oracle Corporation is the world's largest enterprise software company. For more information about Oracle, please call Investor Relations at (650) 506-4073.

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

    CONTACT: Roy Lobo, Investor Relations, +1-650-506-4073,
    investor_us@oracle.com, or Deborah Hellinger, Corporate Communications,
    +1-650-506-5158, deborah.hellinger@oracle.com, both of Oracle

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




    eDiets.com(R) Announces Q4 and Year End 2007 Results- Reiterates 2008 Revenue Guidance of $50 Million

    FORT LAUDERDALE, Fla., March 4 /PRNewswire-FirstCall/ -- eDiets.com, Inc. , leveraging the power of the Internet to bring diet, fitness and healthy lifestyle solutions to everyone, today announced results for the quarter and twelve months ended December 31, 2007.

    Revenues from continuing operations for the fourth quarter of 2007 were $6.9 million, compared to $9.5 million in the prior year period. Income (loss) from continuing operations for the quarter was $(4.2) million, or $(0.17) per diluted share, compared to $(0.1) million, or $(0.00) per diluted share, for the fourth quarter of 2006.

    Adjusted EBITDA*, defined as net income before interest, taxes, depreciation, amortization, stock-based compensation, discontinued operations, severance charges and impairment of goodwill and intangible assets, for the quarter ended December 31, 2007 was $(0.4) million compared to $1.2 million in the prior year period.

    For the twelve months ended December 31, 2007, the Company reported revenues of $29.7 million, compared to $48.8 million for the same period last year. Income (loss) from continuing operations for 2007 was $(9.4) million, or $(0.38) per diluted share, compared to $(3.6) million, or $(0.16) per diluted share, for fiscal 2006.

    Adjusted EBITDA* for the twelve months ended December 31, 2007 totaled $(2.2) million, compared to $20,000 in fiscal 2006.

    Fourth Quarter and Recent Operating Highlights: -- Announces agreement with GlaxoSmithKline Consumer Healthcare for customized meal delivery plans for use with the market-leading alli(R) product for weight loss -- Launches comprehensive TV ad campaign for fresh meal delivery -- Launches DaVita Diet Helper(TM), an online planning tool for kidney-friendly meals -- Q4-07 meal delivery revenues increased 167% from prior year period -- Completes migration to new integrated, end-to-end technology platform

    "We are very encouraged by our progress on our strategic initiatives and excited about the opportunities ahead," said President and Chief Executive Officer Steve Rattner. "In 2007, we focused on strengthening our foundation to support our transition from a direct-response, Internet advertising model to a multi-prong business model that captures cross-selling opportunities in digital diets, meal delivery and other e-commerce, and leverages those core wellness capabilities to service our customers. We have completed the migration to our new flexible technology platform, which is key to driving our consumer and corporate websites and better monetizing our customers with an end-to-end solution for weight loss and wellness. In 2008, we intend to capture a larger share of the marketplace as we expand our B2B relationships and continue to position eDiets for long-term revenue and profitability growth. Just as we created the digital diet depot and subscription-based business model, we are creating a new integrated business model where we power major websites-both co-branded and private label-offering weight loss and wellness commerce programs."

    Outlook

    eDiets.com remains comfortable with previously issued 2008 revenue guidance of approximately $50 million and is providing blended gross margin guidance of 49% for the year. This guidance reflects the anticipated benefits and operating leverage from the new integrated technology platform, accelerated growth of the B2B business and the expansion of the meal delivery program, as well as cross-selling opportunities.

    Conference Call

    The company will host a conference call to discuss the fourth quarter and full year 2007 results at 4:30 p.m. Eastern Time on Tuesday, March 4, 2008. Participants may access the call by dialing 800-510-9691 (domestic) or 617-614-3453 (international), passcode 41112629. In addition, the call will be webcast via the Investor Relations section of the company's web site at http://www.ediets.com/, where it will also be archived. A telephone replay will be available through Tuesday, March 11, 2008. To access the replay, please dial 888-286-8010 (domestic) or 617-801-6888 (international), passcode 79831761.

    About eDiets

    eDiets.com, Inc. is a leading provider of personalized nutrition, fitness and weight-loss programs. eDiets currently features its award-winning, fresh- prepared diet meal delivery service as one of the more than 20 popular diet plans sold directly to members on its flagship site, http://www.ediets.com/. The company also provides a broad range of customized wellness and weight management solutions for Fortune 500 clients. eDiets.com's unique infrastructure offers businesses, as well as individuals, an end-to-end solution strategically tailored to meet its customers' specific goals of achieving a healthy lifestyle. For more information, please call 310-954-1105 or visit http://www.ediets.com/.

    * Use of Non-GAAP Financial Measures

    In its earnings releases, conference calls, slide presentations or webcasts, the Company may use or discuss adjusted EBITDA, which is a non-GAAP financial measure as defined by SEC Regulation G. Management regularly reviews adjusted EBITDA as an analytical indicator of the Company's financial performance and believes that it is useful to investors in evaluating operating performance. In addition, the Company uses adjusted EBITDA as a measure of performance for its business segments and for incentive compensation purposes. The Company does not intend for adjusted EBITDA to be considered in isolation or as a substitute for any GAAP measure. Adjusted EBITDA, as presented, may not be comparable to similarly titled measures of other companies.

    Three Months Ended Year Ended December 31, December 31, 2007 2006 2007 2006 Net (loss) income $(4,212) $(209) $(9,408) $(4,100) Interest, net 460 (39) 520 (199) Income tax (benefit) provision (26) 12 171 66 Depreciation 261 262 1,020 969 Amortization of Intangibles 305 301 1,213 760 Impairment of goodwill and intangible assets 2,296 - 2,296 - Stock-based compensation 537 455 1,705 1,324 Discontinued operations - 141 - 453 Loss on disposition of fixed assets - 257 175 272 Severance Charges 14 - 88 475 Adjusted EBITDA $(365) $1,180 $(2,220) $20 Safe Harbor Statement

    Statements which are not historical in nature are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements to be materially different from those which may be expressed or implied by such statements. These risks and uncertainties include, among others, that we will not be able to obtain sufficient and/or acceptable outside financing (when and if required); changes in general economic and business conditions; changes in product acceptance by consumers; a decline in the effectiveness of sales and marketing efforts; loss of market share and pressure on prices resulting from competition; significant investments in our technology platform, marketing plans, and product development to remain competitive with other online providers of healthy living and weight loss plans, many of which may be found to offer superior and more varied features than our plans and may also be offered for free; volatility in the advertising markets; any delay, disruption, or suspension of our supply of prepared meals from our vendor; changes in consumer preferences and discretionary spending; product liability and other risks from the sale of ingested products; regulatory actions affecting our marketing activities; and the outcome of litigation pending against us. For additional information regarding these and other risks and uncertainties associated with eDiets.com's business, reference is made to our Annual Report on Form 10-K for the year ended December 31, 2006, and other reports filed from time to time with the Securities and Exchange Commission. All forward-looking statements are current only as of the date on which such statements are made. We do not undertake any obligation to publicly update any forward- looking statements.

    eDiets.com, Inc. Summary of Consolidated Financial Information (Unaudited) (In thousands, except per share amounts) Three Months Ended Year Ended December 31, December 31, 2007 2006 2007 2006 Continuing Operations: Revenue: Digital plan $3,858 $7,207 $19,482 $38,025 Other revenue 3,042 2,338 10,247 10,789 Total revenue 6,900 9,545 29,729 48,814 Cost and expenses: Cost of revenue 2,136 1,942 7,222 9,622 Technology and development 949 977 3,723 3,203 Sales, marketing and support 3,242 4,564 17,029 30,445 General and administrative 1,751 1,851 6,984 8,549 Amortization of intangibles 305 301 1,213 760 Impairment of goodwill and intangible assets 2,296 - 2,296 - Total cost and expenses 10,679 9,635 38,467 52,579 Loss from continuing operations (3,779) (90) (8,738) (3,765) Other (expense) income, net (459) 34 (499) 184 Income tax benefit (provision) 26 (12) (171) (66) Net loss from continuing operations (4,212) (68) (9,408) (3,647) Discontinued Operations: Loss from operations, net of tax - (60) - (412) Loss on disposal, net of tax - (81) - (41) Loss from discontinued operations, net of tax - (141) - (453) Net loss $(4,212) $(209) $(9,408) $(4,100) Basic loss per common share: Loss from continuing operations $(0.17) $(0.00) $(0.38) $(0.16) Loss from discontinued operations - (0.01) - (0.02) Net loss $(0.17) $(0.01) $(0.38) $(0.18) Diluted loss per common share: Loss from continuing operations $(0.17) $(0.00) $(0.38) $(0.16) Loss from discontinued operations - (0.01) - (0.02) Net loss $(0.17) $(0.01) $(0.38) $(0.18) Weighted average common and common equivalent shares outstanding Basic 24,942 24,587 24,811 23,421 Diluted 24,942 24,587 24,811 23,421 Three Months Ended Year Ended December 31, December 31, 2007 2006 2007 2006 STATEMENT OF CASH FLOW DATA: Net cash provided by (used in): Operations $(2,096) $(61) $(4,943) $(3,110) Investing (1,150) (96) (4,062) (10,609) Financing 266 395 10,180 11,010 Discontinued Operations - 433 - (41) December 31, 2007 2006 BALANCE SHEET DATA: Cash and cash equivalents $7,132 $6,015 Total assets 27,691 27,544 Deferred revenue 3,664 4,401 Long-term debt (excluding capital leases) 6,247 - Stockholder's equity 12,862 16,196

    eDiets.com, Inc.

    CONTACT: Investor Relations, John Mills of ICR, Inc., +1-310-954-1105,
    John.Mills@icrinc.com, for eDiets.com, Inc.

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




    AutoTrader Publishing Partners with GM to Create a Special Edition New Vehicle Publication for the Kansas City Auto Show

    ATLANTA, March 4 /PRNewswire/ -- Showroom, a four-color, glossy publication, is the result of a first of its kind collaboration between an OEM manufacturer, its dealers and AutoTrader Publishing. The partnership has led to the creation of a General Motors branded hybrid automotive publication for a dealer group.

    Showroom exclusively features new Buick, Pontiac and GMC vehicles from 18 dealers in the Kansas City area. The magazine will be given to attendees at the Kansas City Auto Show, which begins on March 5 and attracts approximately 200,000 people.

    As an added bonus for new vehicle customers in the Kansas City market, Showroom announces a special General Motors Auto Show incentive on the purchase of select vehicles.

    "We are happy to work with AutoTrader Publishing to offer consumers a niche product to increase awareness of our brands and local dealers," said Dave Thompson, Zone Manager Buick Pontiac GMC Kansas City/St Louis. "Showroom is an ideal product that unites car shoppers with our great vehicles and dealers."

    The magazine supports brand messages, displays dealer inventory, maps dealership locations and provides 800 numbers, so that dealers can monitor the leads they receive from the magazine.

    "We are excited to provide this type of new vehicle turnkey, niche product to our GM partners by leveraging our nationwide print, distribution and field staff capabilities," said Bruiser Mann, Director of Sales for AutoTrader Publishing. "Building brand awareness and coming up with innovative ways to increase profitability for our automotive clients is just one example of our commitment to connecting car shoppers with dealers better than anyone else."

    About GM

    General Motors Corp. , the world's largest automaker, has been the annual global industry sales leader for 77 years. Founded in 1908, GM today employs about 266,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2007, nearly 9.37 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at http://www.gm.com/.

    About AutoTrader Publishing

    AutoTrader Publishing is a leading producer of classified automotive advertising publications. A wholly-owned subsidiary of Atlanta-based Cox Auto Trader, AutoTrader produces 356 automobile and light truck titles for a total distribution of 3.9 million magazines per week. AutoTrader Publishing is also a premier provider of online consumer information garnering 4.2 million unique visitors per month through its companion web site, AutoExtra.com. AutoTrader Publishing and its parent company Cox Auto Trader are wholly-owned subsidiaries of Atlanta-based Cox Enterprises, Inc. one of the nation's leading media companies and providers of automotive services.

    AutoTrader Publishing

    CONTACT: Elizabeth Halter for AutoTrader Publishing, +1-678-645-0762,
    elizabeth.halter@coxinc.com

    Web site: http://www.autoextra.com/
    http://www.gm.com/




    American Metal & Technology, Inc. Retains CCG Elite

    LOS ANGELES and HEBEI, China, March 4 /PRNewswire-FirstCall/ -- American Metal & Technology, Inc. (BULLETIN BOARD: AMGY) ("American Metal," the "Company"), a leading manufacturer engaged in the development, manufacture and sales of high-precision metal casting, metal fabrication products and microprocessor-controlled electronic circuit boards in the People's Republic of China, today announced it has retained CCG Elite to design and execute its investor relations campaign.

    American Metal & Technology is a leading manufacturer of high-precision casting and machined products in China. The Company's product line includes automotive and airplane accessories, dispensers, machinery spare parts, marine hardware, pipe fittings, regulators, water treatment parts and other equipment parts made to customer specifications. The Company operates in a 53,819- square-foot manufacturing plant in Hebei, China, with monthly output capacity of 1 million parts. To capitalize on the fast-developing metal casting market in China, the Company recently installed 17 additional CNC lathe machines, which will increase production capacity by 20%. The Company recently announced plans for a 50% increase in the annual capacity for casting products to 3,600 tons from 2,400 tons, which will enhance the Company's capabilities for the development and manufacturing of circuit board solutions.

    For the nine months ended September 30, 2007, revenues increased 25.0% to $7.2 million from $5.8 million for the same period in 2006. Net income for the first nine months of 2007 was $1.4 million, up 26.0% from $1.1 million a year ago.

    "American Metal & Technology has a reputation worldwide for conducting business with integrity, and we are recognized by our customers for our high performance and overall value," said Mr. Chen Gao, President of American Metal. "We are committed to bring new and technologically advanced metal fabricated products to the global market. Combined with our recent capacity improvements, we expect to continue increasing production to meet growing demand."

    As China has grown in prominence in the overall metal fabrication industry, the number of precision investment casting facilities has risen dramatically in recent years. There were approximately 350 precision investment casting facilities in China at the end of 2003, and that number increased to 450 in 2005 and 480 in 2006.

    "American Metal & Technology has strong growth potential, which we expect will only continue to grow as it expands capacity and builds on its base of core customers," said Crocker Coulson, President of CCG Elite. "The Company's track record of strong revenue growth and effective operational management position it as an attractive investment vehicle that takes full advantage of the growth in demand for metal casting and fabrication in mainland China."

    About CCG Elite

    CCG Elite is a global, full-service investor relations firm, headquartered in Los Angeles, CA with offices in New York City, Newport Beach, Calif., Dallas, Texas, Hong Kong, Beijing, Shanghai and Tel Aviv. CCG Elite is uniquely positioned to provide outsourced, high-level investor relations solutions to its clients, combined with an in-depth understanding of Asia's corporate culture and economic environment, to convey their story to funds and broker-dealers located in the U.S. For further information, contact CCG Elite directly, or visit the Company's Web site at http://www.ccgelite.com/.

    About American Metal & Technology, Inc.

    American Metal & Technology, through its wholly-owned subsidiary American Metal Technology Group ("AMTG"), a Nevada Corporation, and through AMTG's subsidiaries, Beijing Tong Yuan Heng Feng Technology Co., Ltd. and American Metal Technology (Lang Fang) Co., Ltd., is a leading manufacturer of high-precision casting and machined products in the People's Republic of China. The subsidiaries operate in a 53,819-square-foot manufacturing plant with monthly output capacity of 1 million parts. In 2006, AMTG expanded into the design and manufacture of electric circuit boards for home appliances and motion controllers. The Company recently announced facility expansion plans to increase casting product capacity by 50% and enhance the development and manufacturing of its circuit board solutions at its Langfang manufacturing center. To learn more about American Metal & Technology, Inc., please visit the Company's website at: http://www.ammyusa.com/.

    Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain of the statements made in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in The People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.

    Contact: CCG Elite Investor Relations Mark Collinson, Partner (310) 231-8600 ext. 117 E-mail: mark.collinson@ccgir.com

    American Metal & Technology, Inc.

    CONTACT: Mark Collinson, Partner, CCG Elite Investor Relations,
    +1-310-231-8600 ext. 117, mark.collinson@ccgir.com, for American Metal &
    Technology, Inc.

    Web site: http://www.ccgelite.com/
    http://www.ammyusa.com/




    CSC Licenses Wealth Management Software to Western & Southern Financial GroupNew Client to Expand Annuity Product Portfolio

    EL SEGUNDO, Calif., March 4 /PRNewswire/ -- Computer Sciences Corporation today announced that Western & Southern Financial Group has licensed CSC's Wealth Management Accelerator and Visual Product Modeling System (VP/MS). Western & Southern will use the two systems to support annuity payout product development and administration initially at three of its member companies: The Western and Southern Life Insurance Company, Integrity Life Insurance Company and Columbus Life Insurance Company.

    These companies will use CSC's software to introduce new wealth management products, including an immediate annuity for retiring Baby Boomers. In the future, they plan to move their existing annuity payout processing to Wealth Management Accelerator to take advantage of the system's benefit payout capabilities. They will use VP/MS as their external rules and calculation engine for Wealth Management Accelerator and will assess using VP/MS for other existing policy administration systems.

    Western & Southern is the eighth top 50 U.S. life and annuity insurer to license Wealth Management Accelerator, which is the only software that enables annuity providers to support both wealth accumulation and distribution in a single administration system. It manages group and individual, qualified and non-qualified, and fixed and variable products. In addition to supporting a full range of payout options, Wealth Management Accelerator also automates life and annuity processes, including general ledger accounting, premium billing and collection, and customer service.

    "We needed a system that would carry us into the future and give us the power to quickly develop, launch and support new annuity payout products," said Clint Gibler, Western & Southern senior vice president and chief information officer. "Wealth Management Accelerator was the clear choice for making our annuity payout products more flexible and our processes more agile. This new agreement will also let us tap CSC's extensive industry knowledge and experience."

    "We welcome Western & Southern to CSC's client community and the opportunity to collaborate with them as they create increasingly sophisticated financial products," said Michael W. Risley, president of the Life and Annuity Division of CSC's Financial Services Sector. "Leading-edge software like Wealth Management Accelerator provides the tools innovative-thinking financial services companies need to successfully compete for a share of the huge Baby-Boomer market."

    For more information visit http://www.csc.com/wealthmanagement. About Western & Southern

    Western & Southern Financial Group is a Cincinnati-based diversified family of financial services companies with assets owned, managed and under our care in excess of $47 billion. A Fortune 500 company, Western & Southern has received A.M. Best's highest rating of A++ Superior for financial strength, Standard & Poor's AA+ rating (one of the 10 highest rated life insurance groups in the world based on Standard & Poor's ratings) and is consistently recognized by Moody's & Fitch for financial strength and sound management. Its heritage dates back to 1888 with the founding of The Western and Southern Life Insurance Company.

    Ratings are current as of 1/31/2008 and refer to the financial strength of the insurance company and not to the safety, stability or performance of any investment product.

    About CSC

    Computer Sciences Corporation is a leading information technology (IT) services company. CSC's mission is to be a global leader in providing technology-enabled business solutions and services.

    With approximately 91,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. CSC reported revenue of $16.1 billion for the 12 months ended Dec. 28, 2007. For more information, visit the company's Web site at http://www.csc.com/.

    Computer Sciences Corporation

    CONTACT: Marian Kelley, Director, Media and Analyst Relations of
    Financial Services Sector, +1-512-275-5722, mkelley3@csc.com, Janet Herin,
    Manager, Media Relations of Corporate, +1-310-615-1693, jherin@csc.com, both
    of Computer Sciences Corporation

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




    Siemens PTI Releases Largest Upgrade to Its Signature SoftwarePSS(TM)E Version 31 breaks new ground in transmission planning

    RALEIGH, N.C., March 4 /PRNewswire/ -- Siemens Power Transmission & Distribution, Inc., Power Technologies International (Siemens PTI) announces the release of its largest upgrade to PSS(TM)E in history. Version 31 integrates all PSS(TM)E functionality -- power flow, short circuit and dynamics -- under one contiguous Microsoft Windows(R) shell. This process allows Siemens PTI to develop smart interfaces for seamless data exchange between PSS(TM) products including PSS(TM)ODMS and MOD(R).

    (Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )

    The PSS(TM)E development team has incorporated a number of user-suggested features in Version 31. The introduction of "Scenario Manager," a revolutionary concept where files and data for steady state and dynamics studies are brought into one contiguous work space, eliminates the historical need to track large numbers of files.

    Version 31 is now compatible with automation files developed on previous PSS(TM)E versions such as IDEV and IPLAN. The user can execute these files directly in PSS(TM)E Version 31 by simply adding a version number to the start of the IDEV or IPLAN files, thereby eliminating the re-work of automated files with each new PSS(TM)E release.

    In addition to the common graphical user interface across all of PSS(TM)E and shared components, new optional algorithms are available in Version 31 including a Graphical Control Model Builder (GMB) and new small signal stability package, NEVA. Also introduced in the base product is the reliability analysis module integrated from TPLAN.

    "In Version 31, you have a powerhouse of analytical capabilities required to meet the design challenges of both today's grid and tomorrow's smart grid," said Michael Edmonds, Siemens PTI vice president and general manager. "Siemens PTI shall continue its 'user-in-mind' strategy for incorporating further enhancements into the PSS(TM)E software of the future."

    About Siemens

    Siemens Power Transmission & Distribution, Inc., headquartered in Raleigh, NC, creates innovative product, system and service solutions for its customers - electric utilities, transmission organizations, Independent System Operators, and large energy consumers. It is a leading supplier of high and medium voltage power delivery equipment, energy management systems, network planning and power system engineering software for regulated and deregulated generation, transmission, and distribution markets. The company's products and systems are used to increase power system capacity and improve the reliability, stability and flexibility of power delivery and network control systems. It has operations in Wendell, NC; Jackson, MS; Minneapolis, MN; San Jose, CA; Schenectady, NY; Jackson, TN; Heber Springs, AR; and Atlanta, GA. For more information visit us at: http://www.usa.siemens.com/energy.

    Siemens AG is a global powerhouse in electronics and electrical engineering, and operates in the industry, energy and healthcare sectors. Over 160 years, Siemens has built a reputation for leading edge innovation and the quality of its products, systems and solutions. In fiscal year 2007, Siemens reported worldwide sales of $96.6 billion, and employs 400,000 people in 190 countries. With its U.S. corporate headquarters in New York City, Siemens in the USA reported sales of $23.1 billion and employs approximately 72,000 people throughout all 50 states and Puerto Rico. For more information on Siemens in the United States, visit http://www.usa.siemens.com/.

    Photo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Siemens Power Transmission & Distribution, Inc.

    CONTACT: Holly Bounds of Siemens, +1-678-427-6700,
    holly.bounds@siemens.com

    Web site: http://www.usa.siemens.com/energy
    http://www.usa.siemens.com/
    http://www.energy-portal.siemens.com/




    STAAR Surgical's Visian ICL Procedure Performed Live on NBC's Today show

    MONROVIA, Calif., March 4 /PRNewswire-FirstCall/ -- STAAR Surgical Company , a leading developer, manufacturer and marketer of minimally invasive ophthalmic products, congratulates Dr. Brian Boxer Wachler on his live surgical procedure on NBC's Today Show this morning correcting NBCSports.com columnist Alan Abrahamson's vision with STAAR's Visian ICL lenses.

    The Visian ICL is the only foldable, minimally invasive lens approved in the U.S. for the correction of myopia, or nearsightedness, in adults. It can be especially useful in patients such as Abrahamson, who had a high prescription requirement to correct his nearsighted vision. The Visian ICL is approved for myopic patients as low as -3.0 diopters and delivers exceptional clarity and quality of vision.

    During the brief procedure, which commonly takes 15 to 20 minutes per eye, Dr. Boxer Wachler made a micro incision to allow positioning of the implant behind the iris and in front of the natural lens. Both eyes were corrected during the show and Abrahamson was asked about any pain during the procedure by Meredith Vieira, co-anchor of the Today Show, to which he responded, "I cannot feel a thing." Before the procedure Abrahamson was unable to see the largest letter on the standard vision chart. Post-operatively, he said he could see "crisply and cleanly." He showed significant improvement instantaneously.

    The Today Show segments can be viewed at: http://www.msnbc.msn.com/id/21134540/vp/23463382#23463382

    The implantable Collamer lens has been successfully implanted in over 80,000 eyes worldwide. In an FDA clinical trial, over 99 percent of patients were satisfied with their implant. The Visian ICL has a track record of stable, consistently excellent clinical outcomes. Data from research shows that the Visian ICL has some advantages over refractive surgical procedures such as PRK and LASIK, and has a lower chance of inducing higher order aberrations compared to LASIK. To learn more about the Visian ICL or to locate a certified surgeon in your area you can go to STAAR's consumer website: http://www.staar.com/html/visian-icl.html

    About the VISIAN ICL

    Made of a highly biocompatible Collamer(R) material containing a small amount of collagen, the Visian ICL's unique lens design allows for a minimally invasive procedure and an aesthetically pleasing outcome, because the lens is placed behind the iris. Unlike laser vision procedures the Visian ICL corrects vision without permanently altering the structure of the eye and can be removed if needed.

    Doctors familiar with the technology have noted the ICL's stability, the safety of the procedure, superior clinical outcomes and high patient satisfaction rate. The Visian ICL is a refractive phakic implant intended for placement in the posterior chamber of the eye. The approved models are indicated for the correction of myopia in adults with myopia ranging from -3.0 to less than or equal to -15.0 diopters, with astigmatism less than or equal to 2.5 diopters at the spectacle plane, and the reduction of myopia in adults with myopia ranging from greater than -15.0 to -20.0 diopters with astigmatism less than or equal to 2.5 diopters at the spectacle plane, in patients 21 to 45 years of age with anterior chamber depth (ACD) 3.00 mm or greater, and a stable refractive history within 0.5 diopters for one year prior to implantation.

    About STAAR Surgical

    STAAR is a leader in the development, manufacture and marketing of minimally invasive ophthalmic products employing proprietary technologies. STAAR's products are used by ophthalmic surgeons and include the Visian ICL, a tiny, flexible lens implanted to correct refractive errors, as well as innovative products designed to improve patient outcomes for cataracts and glaucoma. The ICL is approved by the FDA for use in treating myopia, has received CE Marking and is sold in more than 40 countries. More information is available at http://www.staar.com/.

    CONTACT: Investors EVC Group Douglas Sherk, 415-896-6820 Matthew Selinger, 415-896-6817 Media EVC Group Steve DiMattia, 646-277-8706 Christopher Gale, 646-201-5431

    STAAR Surgical Company

    CONTACT: Investors, Douglas Sherk, +1-415-896-6820, or Matthew Selinger,
    +1-415-896-6817, or Media, Steve DiMattia, +1-646-277-8706, or Christopher
    Gale, +1-646-201-5431, all of EVC Group for STAAR Surgical Company




    MDC Partners Hires Tom Birk as Director, Strategic Partner InitiativesKey Addition to MDC's Shared Services Group

    NEW YORK, March 4 /PRNewswire-FirstCall/ -- MDC Partners Inc. ("MDC Partners" or the "Company") announced today that Tom Birk will join the network in the newly created position of Director, Strategic Partner Initiatives, part of their shared services group. Tom moves into this position from his role at Crispin Porter + Bogusky as VP, Co-Director, Cognitive and Cultural Radar. In this expanded role within the MDC Partners network, he will act as a strategic planning resource to MDC Partners companies. Tom is the latest addition to the shared services capabilities that MDC has built over the last three years through the establishment of a strategic resource center for MDC Partner firms.

    Tom will act as a consulting planning strategist to MDC Partner agencies on key new business initiatives and overall strategic insights. He will also serve as an ambassador within the industry raising the profile of MDC Partners strategic planning capabilities.

    "At CP+B, Tom built a department of planners, sociologists and cognitive anthropologists who were experts at understanding pop culture and uncovering a client's most unique and ownable points-of-difference," said Chuck Porter, Co-Chairman of CP+B and Chief Strategist, MDC Partners. "He'll be an incredibly valuable asset to MDC Partner companies and their clients."

    Tom joined CP+B in March of 2000 after a successful career at Arnold Communications. He brought tremendous momentum to the CP+B's strategic planning and new business process. Tom and his group were the strategic muscle behind many of CP+B's most high profile successes: MINI, Molson, Virgin Atlantic, Google, Burger King and Volkswagen. In 2006, Tom created the Human Sciences Advisory Board consisting of academic chairs and strategic consultants from a range of disciplines. This amount of brainpower and its consulting relationship with CP+B was an industry first.

    "Tom's skills and expertise coupled with the tremendous experience he gained at CP+B will bring enormous value to the MDC Partners network," said Miles Nadal, Chairman and CEO of MDC Partners. "The addition of Tom to our shared services group further exemplifies our commitment to delivering world class thought leadership and providing strategic and innovative solutions to our partner agencies and their clients."

    About MDC Partners

    MDC Partners is a leading provider of marketing communications solutions and services to clients in North America, Europe and Latin America. Through its partnership of entrepreneurial firms it provides advertising, specialized communications and consulting services to leading brands. MDC Partners' philosophy emphasizes the utilization of strategy and creativity to drive growth for its clients. "MDC Partners is The Place Where Great Talent Lives". MDC Partners Class A shares are publicly traded on the NASDAQ under the symbol "MDCA" and on the Toronto Stock Exchange under the symbol "MDZ.A".

    This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks and uncertainties which may cause the actual results or objectives to be materially different from those expressed or implied by such forward-looking statements. Such factors include, among other things, the Company's financial performance; changes in the competitive environment; adverse changes in the economy; ability to maintain long-term relationships with customers; financing requirements; risks arising from material weaknesses in internal control over financial reporting; and other factors set forth in the Company's Form 10-K for its fiscal year ended December 31, 2007 and subsequent SEC filings.

    MDC Partners Inc.

    CONTACT: Katie Kempner, VP, Corporate Communications, (305) 646-7366,
    kkempner@mdc-partners.com




    RRSat Chosen by Swedish National Television (SVT) to Transmit TV Channel Over Europe

    OMER, Israel, March 4 /PRNewswire-FirstCall/ -- RRSat Global Communications Network Ltd. , a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, announced today that SVT, Sveriges Television (Swedish Television), Sweden's public television broadcasting service has chosen RRSat to expand its coverage all over Europe.

    Over the past three years RRSat has been distributing the SVT channel over its Global Network to Asia through the Thaicom-5 Satellite. Under the current agreement, RRSat also distributes the SVT channel to Europe, Northern Africa & the Middle East through the Direct-To-Home distribution network, over Eurobird-9 satellite.

    "After using RRSat's turnaround services since 2005 for SVT Europa's Direct-To-Home distribution to Asia, Australia and Africa, we are very pleased to expand our cooperation with RRSat to include Direct-To-Home services through Eurobird-9 satellite to Europe, Northern Africa and the Middle East," said Riffa Hanninen, Head of SVT Europa, the international channel of the Swedish public service broadcaster SVT.

    "We are very pleased that SVT, the Swedish national television, has chosen RRSat to expand its channels coverage to be accessible throughout Europe, Northern Africa and the Middle East over the Eurobird-9 satellite, our rapidly expanding Direct-To-Home and cable platform," commented Lior Rival, VP Sales and Marketing of RRSat. "Once again, RRSat, leveraging its broad global network and leading fiber infrastructure, will enable the channel to be reached by millions of new households."

    About RRSat Global Communications Network Ltd.

    RRSat Global Communications Network Ltd. provides global, comprehensive, content management and distribution services to the rapidly expanding television and radio broadcasting industries. Through its proprietary "RRSat Global Network," composed of satellite and terrestrial fiber optic transmission capacity and the public Internet, RRSat is able to offer high-quality and flexible global distribution services for content providers. RRSat's comprehensive content management services include producing and playing out TV content as well as providing satellite newsgathering services (SNG). RRSat concurrently provide these services to more than 400 television and radio channels, covering more than 150 countries. Visit the company's website http://www.rrsat.com/ for more information.

    About Sveriges Television (SVT)

    Sveriges Television (SVT) is the Swedish public service television company. The official start took place on 4th September 1956 so last year marked the celebration of the first 50 years! But it was a flying start, the culmination of several years' trial programme transmissions. In 1969 a second national channel was added. Today SVT operates six channels - five national, SVT1, SVT2, SVT24, Barnkanalen (a children's channel) and together with UR, Kunskapskanalen, and one international, SVT Europa.

    Safe Harbor Statement

    This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding (i) the growth of our business and the television and radio broadcasting industries, (ii) our expectation to expand our client base and sell additional services to our existing client base, and (iii) our ability to report future successes. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry as of the date of this press release. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements, including the risks indicated in our filings with the Securities and Exchange Commission (SEC). For more details, please refer to our SEC filings and the amendments thereto, including our Annual Report on Form 20-F for the year ended December 31, 2006 and our Current Reports on Form 6-K.

    Information in this press release concerning Sveriges Television (SVT) has been provided by Sveriges Television (SVT) and has not been independently verified by RRSat.

    Company Contact Information: Gil Efron, CFO Tel: +972-8-861-0000 Email: investors@RRSat.com External Investor Relations Contacts: Ehud Helft / Kenny Green Tel: +1-866-704-6710

    RRSat Global Communications Network Ltd

    CONTACT: Company Contact Information: Gil Efron, CFO, Tel:
    +972-8-861-0000, Email: investors@RRSat.com; External Investor Relations
    Contacts: Ehud Helft / Kenny Green, Tel: +1-866-704-6710




    Celestica collaborates with Microsoft on the development of BEE3 platform prototypesPlatform Enables Emulation of a Multi-Core Processor Environment With At Least 1000 CoresTo be Demonstrated at Microsoft's Techfest in Redmond, WA on March 4, 2008

    TORONTO, March 4 /PRNewswire-FirstCall/ -- Celestica Inc. (NYSE, TSX: CLS), a global provider of innovative electronics manufacturing services (EMS), today announced it has collaborated with Microsoft on the design of the BEE3, Berkeley Emulation Engine 3rd version, to improve the ability of Microsoft and other companies to conduct computer architecture research.

    Microsoft's BEE3 development platform enables emulation of a multi-core processor environment with at least 1000 cores. This is accomplished by four interconnected field-programmable gate arrays (FPGAs) linked to a variety of high-speed interfaces. The platform can scale smoothly from a single board to 64 boards or 256 FPGAs. The BEE3 platform enables large-scale architectural research in areas such as ECAD tool acceleration, scientific computing and computer architecture emulation.

    "We are dedicated to developing new and innovative technologies that will shape the future computing experience," said Chuck Thacker, Microsoft Technical Fellow. "The production of the BEE3 platform required a deep understanding of complex high speed design and production. Based on our experience with Celestica, we knew their engineering talent, experience and CoreSim(TM) design tools would help ensure the successful development of this innovative platform."

    Celestica collaborated with Microsoft on the design and manufacturing of the prototypes. Specifically, Celestica was responsible for the detailed hardware specification, schematic capture, layout, signal integrity analysis, static timing analysis, schematic modeling, design for test and manufacturing.

    "We are excited Microsoft chose to utilize our talent and expertise in design to develop this innovative technology that could contribute to the future of computing," said Brian Lau, Vice President, Microsoft Global Customer Business Unit, Celestica. "We have a strong track record with Microsoft and are proud of our ability to provide a broad range of services to meet their needs including engineering, design, manufacturing, fulfillment and after-market services."

    For more information on Microsoft's research and the BEE3 project, please visit: http://research.microsoft.com/projects/BEE3/.

    About Celestica ---------------

    Celestica is dedicated to providing innovative electronics manufacturing services that accelerate our customers' success. Through our efficient global manufacturing and supply chain network, we deliver competitive advantage to companies in the computing, communications, consumer, industrial, and aerospace and defense end markets. Our employees share a proud history of proven expertise and creativity that provides our customers with the flexibility to overcome any challenge.

    For further information on Celestica, visit its website at http://www.celestica.com/.

    The company's security filings can also be accessed at http://www.sedar.com/ and http://www.sec.gov/.

    Safe Harbour and Fair Disclosure Statement ------------------------------------------

    This news release contains forward-looking statements related to our future growth, trends in our industry, our financial and or operational results, and our financial or operational performance. Such forward-looking statements are predictive in nature, and may be based on current expectations, forecasts or assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from the forward-looking statements themselves. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," or similar expressions, or may employ such future or conditional verbs as "may", "will", "should," or "would," or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. The risks and uncertainties referred to above include, but are not limited to: variability of operating results among periods; inability to retain or grow our business due to execution problems resulting from significant headcount reductions, plant closures and product transfer associated with major restructuring activities; the effects of price competition and other business and competitive factors generally affecting the EMS industry; the challenges of effectively managing our operations during uncertain economic conditions; our dependence on a limited number of customers; our dependence on industries affected by rapid technological change; the challenge of responding to lower-than-expected customer demand; our ability to successfully manage our international operations; and delays in the delivery and/or general availability of various components used in the manufacturing process. These and other risks and uncertainties and factors are discussed in the Company's various public filings at http://www.sedar.com/ and http://www.sec.gov/, including our Form 20-F and subsequent reports on Form 6-K filed with the Securities and Exchange Commission.

    We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Celestica Inc.

    CONTACT: Pam White, Celestica Global Communications, Phone: (416)
    448-2200, Email: media@celestica.com




    Sports-Stuff.com Inc. Announces Official Name Change to Mobilized Entertainment, Inc. and New Trading Symbol (MENI.PK)

    RENO, Nev. and VANCOUVER, Canada, March 4 /PRNewswire-FirstCall/ -- Sports-Stuff.com Inc. (Pink Sheets: SSUF) announced today that it has officially changed its name to Mobilized Entertainment, Inc. to more accurately reflect the company's presence in the mobile sports and entertainment space. The new trading symbol for Mobilized Entertainment is (Pink Sheets: MENI).

    Mobilized Entertainment, Inc. specializes in mobile phone and mobile web based sports and entertainment applications and development. More specifically the company builds, designs and creates mobile websites and mobile sports content accessible on mobile phones and wireless devices. Mobile Entertainment's services include small, medium or large scale mobile website design, mobile web consultation, mobile RSS sports feeds as well as scoring, news and entertainment applications including mobile message boards, mobile sports pools, contests and games.

    About Mobilized Entertainment, Inc.

    Mobilized Entertainment is a provider of mobile wireless internet web based sports and entertainment content, applications and programming solutions. Our mission is to provide compelling, entertaining, and engaging mobile wireless internet and SMS content to anyone, anywhere, at anytime.

    Website: http://mobilizedentertainment.com/ Mobile Website: http://mobilent.mobi/ Forward-Looking Statement

    This press release may include 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 based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.

    Contact: Mobilized Entertainment, Inc. Email: info@mobilizedentertainment.com Mr. Kevin Day President 1-866-815-2677

    Mobilized Entertainment, Inc.

    CONTACT: Mr. Kevin Day, President of Mobilized Entertainment, Inc.,
    1-866-815-2677, info@mobilizedentertainment.com

    Web site: http://mobilizedentertainment.com/
    http://mobilent.mobi/




    Microsoft Research Offers Behind-the-Scenes Look at Future of ComputingAnnual TechFest innovation fair showcases technological advances to help search online or across distant galaxies and to improve the planet we live on.

    REDMOND, Wash., March 4 /PRNewswire-FirstCall/ -- Whether people are searching online for a vacation hot spot, scanning the galaxy for distant planets or seeking ways to improve the environment on planet Earth, innovations from Microsoft Research could help deliver better results and entirely new experiences. TechFest 2008, an annual event that brings researchers from around the world together with people from across the company, is showcasing some of these innovations at Microsoft headquarters in Redmond.

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

    Speaking at TechFest before an audience of customers, academics, dignitaries and media representatives, Rick Rashid, senior vice president of Microsoft Research, said, "Computing impacts every facet of our lives, from the way we work to the way we learn and live. Our job in research is to continuously advance technology to make our lives better in tangible ways."

    With almost 40 exciting new technologies on display to the public at TechFest, and dozens more accessible only to Microsoft employees, Rashid highlighted numerous projects that show how computing enables new experiences, and how the basic tools of computer science are evolving to help all the sciences advance more rapidly.

    Rashid was joined onstage by Craig Mundie, chief research and strategy officer at Microsoft, and Alan Alda, host of "Scientific American Frontiers." Mundie said, "By investing in long-term research, we can transform software and computing technologies, helping to inspire innovations that will have a lasting and positive impact on the world's most pressing issues, from education and healthcare to energy and the environment."

    Exploring the Universe: WorldWide Telescope

    WorldWide Telescope is a rich visualization environment that functions as a virtual telescope, combining imagery from the most advanced ground- and space-based telescopes in the world to enable seamless, guided explorations of the universe.

    "WorldWide Telescope is like having an observatory on your desktop," said Rashid. "It enables you to see the sky in a completely new way."

    Rashid announced that WorldWide Telescope will run on the Visual Experience Engine, a Microsoft Research technology that enables seamless panning and zooming across the night sky, blending terabytes of images, data and narratives from multiple sources over the Internet into a rich, immersive experience. The Visual Experience Engine can also be applied to other scenarios, such as tours of parks, national monuments or vacation destinations.

    Mundie and Alda observed that the WorldWide Telescope could lead to new discoveries and inspire a new generation of young people to consider focusing on math and science.

    Evolving Search: User Interfaces for Collaboration and Persistence

    Today, Web browsers and search engines are typically designed to support an individual person, working alone, at a single point in time. Microsoft Research showed three new user interfaces that support richer types of search experiences:

    -- CoSearch enables groups of people who are sharing a single computer to collaborate on a single Web search by using multiple mice or even mobile phones. -- SearchBar assists people in resuming searches that are interrupted. -- SearchTogether helps groups of people collaborate on Web searches by showing the group's query history. Rethinking Dependable System Design: Singularity

    Rashid announced that Singularity, a prototype operating system for the computer science research environment, will be available starting today at no charge for academic and noncommercial use. The goal of Singularity is to help improve software dependability and foster inventive research in systems, programming languages and tools.

    "Singularity is not the next Windows," Rashid said. "Think of it like a concept car. It is a prototype operating system designed from the ground up to test-drive a new paradigm for how operating systems and applications interact with one another. We are making it available to the community in the hope that it will enable researchers to try out new ideas quickly."

    Singularity can be downloaded from CodePlex, an online portal created in 2006 to foster collaborative software development projects and host shared source code.

    Rashid also showed a project called BEE3, a hardware platform that lets researchers experiment with different computer architectures without using costly custom chips. He also highlighted multiple projects aimed at advancing the understanding of natural ecosystems.

    Following Rashid's presentation, Mundie and Alda, who share a conviction that technology can help transform society, discussed other technologies that hold the promise to advance society, including sensor networks and software technologies that could reduce energy consumption in homes and enterprises, provide valuable data for preserving the environment, and lead to better healthcare for people everywhere.

    About Microsoft Research

    Founded in 1991, Microsoft Research is dedicated to conducting both basic and applied research in computer science and software engineering. Its goals are to enhance the user experience on computing devices, reduce the cost of writing and maintaining software, and invent novel computing technologies. Researchers focus on more than 55 areas of computing and collaborate with leading academic, government and industry researchers to advance the state of the art in such areas as graphics, speech recognition, user-interface research, natural language processing, programming tools and methodologies, operating systems and networking, and the mathematical sciences. Microsoft Research currently employs more than 800 people in six labs located in Redmond, Wash.; Cambridge, Mass.; Silicon Valley, Calif.; Cambridge, England; Beijing, China; and Bangalore, India. Microsoft Research collaborates openly with colleges and universities worldwide to enhance the teaching and learning experience, inspire technological innovation, and broadly advance the field of computer science. More information can be found at http://www.research.microsoft.com/.

    About Microsoft

    Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

    CONTACT: Rapid Response Team, +1-503-443-7070, rrt@waggeneredstrom.com,
    or Mike Houlihan, +1-503-443-7000, mhoulihan@waggeneredstrom.com, both of
    Waggener Edstrom Worldwide for Microsoft Corp.

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




    InfoLogix to Report Fourth Quarter and Year End Financial Results on March 12, 2008

    HATBORO, Pa., March 4 /PRNewswire-FirstCall/ -- InfoLogix, Inc. , a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, will release its financial results for the Fourth Quarter ended December 31, 2007 on Wednesday, March 12th, 2008. Following the press release, President and Chief Executive Officer David Gulian and Chief Financial Officer Jay Roberts will host a conference call with the financial community at 4:30 p.m. (EST). The call will be held in order to discuss the Company's financial results and provide an update on business developments.

    Interested parties may participate in the conference call by dialing (888) 713-4216 or (617) 213-4868 for international callers. When prompted, ask for the "Fourth Quarter and Year End InfoLogix Earnings Conference Call" and enter passcode 64620565. A telephonic replay of the conference call may be accessed approximately two hours after the call through March 19, 2008, by dialing (888) 286-8010 or (617) 801-6888 for international callers and entering the replay access code 71515071.

    You may pre-register for this call by clicking https://www.theconferencingservice.com/prereg/key.process?key=PK34646N6. Pre- registration provides quick access to the call by bypassing the operator upon connection. You will be given a personalized pin number to enter when you dial in to the call with no hold times.

    The conference call will be webcast simultaneously; it can be reached by clicking the following link: http://phx.corporate-ir.net/playerlink.zhtml?c=198199&s=wm&e=1783695 or on the InfoLogix website at http://www.infologix.com/ under Investors: Event Calendar. The webcast replay will be archived for 3 months.

    About InfoLogix

    InfoLogix is a leading provider of technology and RFID based intelligence solutions that enable the mobile enterprise. InfoLogix uses the industry's most advanced technologies to increase the efficiency, accuracy, and transparency of complex business and clinical processes for the healthcare industry and the commercial marketplace. With 19 issued patents, InfoLogix provides mobile managed solutions, on-demand software applications, mobile infrastructure products, and strategic consulting services to over 2,000 clients in North America including Kraft Foods, Merck and Company, General Electric, News America Corporation, Mercedes Benz, Kaiser Permanente, Adventist Health, Universal Health Services, and Stanford School of Medicine. Founded in 2001 and headquartered in suburban Philadelphia, PA, InfoLogix has been named the sixth fastest growing new business in the United States for the last three years by Entrepreneur Magazine. InfoLogix is a publicly-traded company . For more information, visit http://www.infologix.com/.

    InfoLogix, Inc.

    CONTACT: Jay Roberts, Chief Financial Officer of InfoLogix, Inc.,
    +1-215-604-0691, ext. 1102; or Thomas Walsh of Alliance Advisors for
    InfoLogix, Inc., +1-212-398-3486

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




    Diamond's Retirement Study Finds Companies Ill-Prepared to Meet Baby Boomers' Health and Wealth NeedsConsulting Firm Identifies Five Distinct Baby Boomer Market Segments

    CHICAGO, March 4 /PRNewswire/ -- Throw conventional wisdom and industry fault lines out the window. Financial services firms, insurers, and healthcare payors admit they will need to add new capabilities as they prepare to serve baby boomers, who will control some $40 trillion in retirement assets by 2020.

    Boomers, who make up the wealthiest generation in history, face tremendous uncertainties about how they will fund their retirement, and how wealthy they will be during those years. Those that fail to plan accordingly now will fall short of their expectations.

    The companies planning to serve the boomer market run a similar risk of missed expectations, according to a new study by Diamond Management & Technology Consultants, Inc. . Unless they consider new strategies now, financial services firms, insurers, and healthcare payers will lack the flexibility to survive in a changing health/wealth market.

    For example, while 89 percent of insurers Diamond surveyed believe that "making products simple for their customers to understand" is a source of competitive advantage, only 23 percent believe they have effectively developed that capability.

    In its "Retirement Study 2008," Diamond analyzes how the convergence of health, wealth, and risk management is creating new business opportunities for companies that adopt a broader vision of the services they offer as well as a more precise view of the boomers they serve.

    Diamond's research finds that many companies are ill-prepared to help boomers meet their retirement needs. Among financial advisors, 77 percent see speed-to-market in bringing new products and services to the boomer market as a source of competitive advantage but only 20 percent have that capability today.

    Eighty-nine percent of the bank respondents viewed pricing as somewhat or very important as a competitive lever, but only 51 percent said that today they have the capability to leverage pricing as a source of competitive advantage.

    The bottom line: companies competing for boomer business will need business and technology platforms flexible enough to accommodate different boomer market segments, new types of transactions, new federal and state regulations, and competition from multiple fronts.

    "Banks, financial services firms and insurers have an enormous opportunity in front of them and they need new capabilities to create the tools and services boomers need," said Aamer Baig, Managing Partner of Diamond's Financial Services practice and a co-author of the study. "Boomers need help preparing for retirement, because many lack a strong financial acumen and a rational, long-term approach to do the right thing."

    To fully grasp baby boomers' holistic needs as they approach retirement, Diamond surveyed 626 consumers aged 45 and older, asking questions about their health and finances, probing their attitudes, behaviors, and current situations. For comparison, Diamond also surveyed executives at 105 banks, investment firms, and life insurance companies, each with revenues of more than $500 million, to understand how those companies are pursuing this market.

    The results clearly illustrate that boomers are not a homogeneous group, and companies cannot treat them as such. Different segments of the boomer population have specific needs based in unique attitudes and behaviors, according to the study. Diamond refers to these segments as Affluent Sophisticates, Aspirants, Retired Settlers, Moderates, and Survivors, and identifies the segments based on consumers' financial confidence and health consciousness.

    To obtain a complete copy of the report, send an email to retirementstudy@diamondconsultants.com.

    "Companies will not be able to adopt a 'one-size-fits-all' approach toward serving the market," said Baig. "They will need to thoroughly examine the value chain to determine where they are best positioned to meet customers' emerging needs, tailoring their offerings to targeted sub-segments of the boomer population."

    For example, Affluent Sophisticates -- a quarter of the boomer population -- control 65 percent of boomer assets. At first glance, this appears to be a clear target for companies, but a closer look reveals a plethora of companies already targeting these consumers. Therefore, not every firm can serve Affluent Sophisticates and be profitable, and many companies will need to make strategic decisions about which segments to target.

    Understanding Risk Has Rewards

    "Consumers generally have a poor understanding of risk," said Paul Blase, a Partner in Diamond's Insurance practice, and also one of the study's co-authors. "Most consumers tend to underestimate long-term risk and overestimate short-term risks, whether related to finances or health. This often leads to unnecessary worry-even as boomers under-prepare and under-insure themselves for the long term. Educating consumers about risk is the first step to helping them help themselves."

    There is significant benefit to improving consumers' understanding of their own short- and long-term needs. Consumers who exhibit higher levels of financial confidence-regardless of income level-purchase a greater number of financial products and services than do their less-confident, less-educated counterparts. Consider the following:

    -- 59% of working baby boomers expect to rely heavily on Social Security, and 38% have saved less than $10,000 for retirement. -- 61% of respondents say they do not have the funds to support long-term care should they require it. Only 13% have long-term care insurance. -- 46% say they could not afford a medical emergency, yet only 21% have disability insurance.

    What can companies take away from these findings? Banks, insurance companies, and financial advisory firms traditionally focused on managing specific risk characteristics-banks dealt with market risk and income risk, insurance carriers with mortality risk and morbidity risk, and financial advisors with longevity risk and market risk. But boomers need products that are more integrated, products that take into account how one type of risk affects another, according to the study.

    Diamond's analysis finds that some consumer needs cut across multiple segments, such as consumer education and understanding risk. But in general, baby boomers are best served through a segmented approach.

    Companies Need to Pick up the Pace

    "For companies, it means being able to view retirement from two perspectives, simultaneously," said Tom Weakland, Managing Partner of Diamond's Healthcare practice. "Healthcare, financial services, and insurance firms should take a broad view of the overall retirement market, looking across industry lines. At the same time, the vast differences among consumers and their needs should drive companies to remain intensely focused on targeted market segments."

    Companies that succeed in the retirement space will have four distinguishing traits that will help set them apart:

    -- Defined role in the emerging market -- Trying to be all things to all people is unlikely to be an effective strategy. -- Tangible commitment to be a leader in the retirement marketplace -- Dedicated resources and capital are required to stake a claim in the retirement market. -- Alignment across the organization -- Delivering the breadth of products and services retiring boomers expect requires collaboration and cooperation, not corporate silos. -- Demonstrated commitment to the well-being of target segments -- Leaders will have a deep understanding of the needs and concerns of their customers, and help them achieve a balanced portfolio of health and wealth products.

    "Companies need to answer some hard questions about their strategy and their execution capability," said Baig. "But the companies that are successful will be playing a major role in improving the lives of an entire generation as it retires."

    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 develop new strategies, improve operations, and deliver results. 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. To learn more visit http://www.diamondconsultants.com/.

    Contacts: David Moon Media Relations +1.312.255.4560 david.moon@diamondconsultants.com Margaret Boyce Investor Relations +1.312.255.5784 margaret.boyce@diamondconsultants.com

    Diamond Management & Technology Consultants, Inc.

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

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




    Vote Now for 'Best of Citysearch' Street Cents CampaignNew Best of Citysearch Campaign Seeks to Uncover the Best Undiscovered and Unexpected Budget Businesses in Cities Nationwide

    WEST HOLLYWOOD, Calif., March 4 /PRNewswire/ -- Citysearch today opened polls for its new Street Cents campaign under its highly successful "Best of Citysearch" awards series. From Seattle to Atlanta and San Francisco to Boston, users are encouraged to cast their votes for the best spots for life on a budget.

    Throughout the voting period, open now through March 26th, 2008, people that visit http://www.citysearch.com/ are invited to vote for their favorite budget businesses. Here is a sample of Citysearch's new Street Cents categories:

    -- Affordable Haircut -- Budget Hotel -- Cheap Eats -- Free Attraction -- Takeout -- Vintage/Thrift Shop

    The complete list of "Best of Citysearch" Street Cents nominees can be found by choosing a location at http://national.citysearch.com/allcities. Winners will be posted on April 3rd, 2008.

    To view previous "Best of Citysearch" winners from 2007 choose a location at http://national.citysearch.com/allcities -- from the best restaurants and bars to prime shopping and spas; it's the ultimate reference tool for people looking for new ways to explore their city.

    About Citysearch

    Citysearch is a leading local search and directory company that provides the most up-to-date information on businesses, from restaurants and retail, to travel and professional services. Citysearch empowers consumers to make informed decisions about where to spend their time and money by delivering trusted content, local expertise and helpful tools, including over 18 million local business listings and over 1.5 million user reviews nationwide. Citysearch is an operating business of IAC . For more information, visit: http://www.citysearch.com/

    Contact: Brandi Willard, Citysearch 310.360.4602 Brandi_willard@citysearch.com

    Citysearch

    CONTACT: Brandi Willard of Citysearch, +1-310-360-4602,
    Brandi_willard@citysearch.com

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




    Statement from the Supervisory Board of STMicroelectronics

    AMSTERDAM, Netherlands, March 4 /PRNewswire-FirstCall/ -- Following the speculations that have appeared in the media concerning possible changes in the highest levels of the top management of STMicroelectronics , the Supervisory Board of the Company states that these are without foundation.

    About STMicroelectronics

    STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. Further information on ST can be found at http://www.st.com/.

    STMicroelectronics

    CONTACT: George Sopko of Stanton Crenshaw, +1-212-780-0945,
    gsopko@stantoncrenshaw.com, for STMicroelectronics

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




    Number of U.S. Computers Accessing the Internet Via Mobile Broadband Soars 154 Percent in 2007Mobile Broadband Usage Still Driven by Work Computers, but Poised for Expansion Among Broader Consumer Base

    RESTON, Va., March 4 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released the results of a study of U.S. Internet usage via mobile broadband. The study examined the usage and characteristics of mobile broadband users through data collected from computers where Internet access via mobile broadband Internet service providers (ISPs) occurred. Mobile broadband employs cellular networks, where users pay subscriptions for access and the connection is made with a PC card, built-in adapter, or connections can be tethered via a cell-phone or PDA, and is different than Wi-Fi access, which is predicated on the availability of short range "hot spots" where access fees often apply incrementally for each connection. In 2007, Verizon and Sprint accounted for the majority of the mobile broadband market. AT&T has announced it will increase its coverage in 2008.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)

    The number of computers using mobile broadband technology to access the Internet grew by 154 percent in Q4 2007 versus the same period in 2006.

    Number of Computers Using Mobile Broadband Q4 2007 vs. Q4 2006 Total U.S. - Home/Work/University Locations Source: comScore, Inc. Unique Computers (000) Q4 Q4 Percent 2006 2007 Change Mobile Broadband 854 2,168 154%

    "Though mobile broadband access is currently used by about 1 percent of the total U.S. Internet population it is poised for significant growth over the next few years," said Serge Matta, senior vice president of comScore. "As consumers increasingly demand and depend on portable Internet access, the demand for mobile broadband should continue to increase."

    Work Computers Account for Most Mobile Broadband Access

    At this early stage of mobile broadband, usage appears to be more a function of "need" than "want." In particular, mobile broadband shows a significantly higher presence on work computers (59 percent) than home / personal computers (41 percent).

    Mobile Broadband Usage by Location Q4 2007 vs. Q4 2006 Total U.S. - Home/Work/University Locations Source: comScore, Inc. Percent of Location Computers Total 100% Home / Personal 41% Work 59%

    Mobile broadband is also somewhat of a luxury, skewing strongly towards the highest income households. Those making at least $100,000 were 37 percent more likely than average to use mobile broadband and those with incomes below $25,000 were 41 percent less likely to do so.

    Mobile Broadband Usage by Income Segment Q4 2007 vs. Q4 2006 Total U.S. - Home/Work/University Locations Source: comScore, Inc. Index Percent of Mobile Mobile Broadband vs. Household Income Broadband Computers Total Internet* Total Households 100.0% 100 $0 - $24,999 5.5% 59 $25,000 - $49,999 15.3% 80 $50,000 - $74,999 27.9% 97 $75,000 - $99,999 15.2% 93 More than $100,000 36.1% 137 *Index = Percent of Mobile Broadband/Percent of Total Internet x 100; Index of 100 represents parity

    "The mobile broadband market is ripening as we speak, and ISPs can benefit by increasing awareness that they have the services to meet their consumers' demands," added Matta. "Those ISPs that get ahead of the curve in understanding this emerging market will be best positioned to reap its rewards."

    To request more information on comScore Mobile Broadband Solutions please visit http://www.comscore.com/contact

    About comScore

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

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com comScore, Inc.

    CONTACT: Andrew Lipsman of comScore, Inc., +1-312-775-6510,
    press@comscore.com

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




    Texas Instruments to broadcast its 1Q08 mid-quarter financial update on the web

    DALLAS, March 4 /PRNewswire-FirstCall/ -- Texas Instruments Incorporated (TI) invites you to listen to its 1Q08 mid-quarter financial update that will be broadcast live over the Internet at 4 p.m. Central time on Monday, March 10, 2008.

    What: Texas Instruments 1Q08 mid-quarter financial update When: 4 p.m. Central time, March 10, 2008 Who: Ron Slaymaker, vice president & manager of Investor Relations Where: http://www.ti.com/corp/docs/investor/confcall/mq.shtml How: Live over the Internet, logging on to the address above, participation will be in listen-only mode. Archival copy available shortly after webcast conclusion. Requirements: To listen to the call, you will need a computer with a sound card, speakers or headphones, and at least a 28.8 Kbps connection to the Internet. If you do not have the RealPlayer plug-in for your browser, please download it from http://www.real.com/products/player/. You may also use the Windows Media Player plug-in for your browser. Please download it from http://www.microsoft.com/windows/mediaplayer/.

    If you are unable to listen during the live webcast, the call will be archived for one week on the web site listed above. If you have any problems, please send an e-mail to support@variview.com or refer to http://www.ti.com/corp/docs/company/techsupportwebcast.shtml for additional technical support.

    Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 25 countries. For more information, go to http://www.ti.com/.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010105/NEF016LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Texas Instruments Incorporated

    CONTACT: Chris Rongone, +1-214-480-6868, c-rongone@ti.com, or Renee
    Fancher, +1-214-567-7447, rfancher@ti.com, both of Texas Instruments
    Incorporated

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




    Signature Devices, Inc. Reports First Playable Version of Black Sigil for Nintendo DS(TM) Role Playing Game to be Released in Second Quarter 2008

    REDWOOD CITY, Calif., March 4 /PRNewswire-FirstCall/ -- Signature Devices, Inc. (Pink Sheets: SDVI) is pleased to announce the first playable version of Black Sigil: Blade of the Exiled, a role playing game (RPG) for Nintendo DS. The Company will look to release Black Sigil into the retail market, in which role playing games currently make up thirteen percent of the eight billion dollar U.S. video game software market.

    Black Sigil: Blade of the Exiled contains classic aspects of most role playing games while equally differentiating itself, allowing users to strategize during gameplay and remain tactical in character placement and weapon use. A number of sidequests will be included in the game, along with extra areas to explore, supporting character-related tales, and end-altering game segments focusing on the various characters and the history of the world. Black Sigil was developed by Studio Archcraft, Inc. and is due to be released in the second quarter of 2008.

    "We are very excited about the first version of Black Sigil having been completed. Role playing games have picked up in popularity over the last five years with the releases of very popular online and console based versions. We look forward to releasing Black Sigil into the retail arena," stated Kenneth Hurley, CEO of Signature Devices, Inc. and Graffiti Entertainment, LLC.

    About Signature Devices, Inc. and Graffiti Entertainment, LLC:

    Based in Redwood City, Calif., Signature Devices, Inc. creates, develops and manufactures advanced information technology, including computer systems, software and electronics products. One of the Company's premiere technologies includes a blend of hardware and software for image generation technology used in video games and simulations. Signature Devices also owns Graffiti Entertainment, LLC, (http://www.graffitientertainment.com/), a publisher of interactive entertainment software for advanced entertainment consoles.

    The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

    For more information, please visit: http://www.signaturedevices.com/ or Call: Investor Relations 1-866-THE-APPL(E)

    Signature Devices, Inc.

    CONTACT: Investor Relations for Signature Devices, Inc.,
    1-866-THE-APPL(E)

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




    Pearson Launches Second Phase Pilot Program for New Pearson Test of English (PTE) for College and University Students

    NEW YORK, March 4 /PRNewswire-FirstCall/ -- Pearson , the international education and information company, will launch the second phase of its pilot program for a new computer-based English language test, the Pearson Test of English (PTE).

    Following the successful delivery of the first pilot test in 2007, the second pilot program will be administered to over 5,000 non-English speaking candidates in selected Pearson VUE test delivery centers in the United States as well as the UK, Australia, China, India, Japan, Korea and Taiwan.

    The new test, using a variety of test delivery channels and piloting new technologies to enhance the testing experience, will deliver more accurate measures of prospective candidates' language ability to universities and colleges than what is currently available.

    Mark Anderson, president of Pearson Language Tests, comments, "I am delighted with the success of our first pilot program. The participant feedback we received was extremely positive. Over 6000 candidates from over 20 countries took part in the first pilot test conducted in August, September, October 2007."

    "The test has also given us comprehensive information and feedback about our item types and their ability to more accurately measure the listening, speaking, reading and writing ability of candidates in an academic environment," he adds.

    The Pearson Test of English, offered in collaboration with the Graduate Management Admission Council(R) (GMAC(R)), will be launched globally in early 2009. GMAC owns the Graduate Management Admission Test (R) (GMAT(R)), which is the world's leading predictor of success in graduate management education and is taken by more than 200,000 students annually in almost 100 countries.

    John Elliott, dean, The Zicklin School of Business, Baruch College, City University of New York and chair, GMAC Board of Directors, comments, "This new test fills a critical gap in meeting the needs of colleges and universities for an instrument that accurately measures four important skills to us -- speaking, listening, reading and writing." Another mark of distinction, he notes, is the test's focus on the needs of test-takers as well as schools. The test will be widely available worldwide via Pearson VUE testing centers, and schools will have more comprehensive and robust information about the language skills of applicants when they make admissions decisions.

    Pearson

    CONTACT: Pearson Language Tests, +44(0)207-190-5188, or fax,
    +44(0)207-190-5189, pltenquiries@pearson.com

    Web site: http://www.pearsoned.com/
    http://www.pearsonplt.com/




    More Cable TV Choice for Abington, Mass., Consumers5,000 More Households Now Can Order Verizon's FiOS TV, the Only TV Service Delivered Over Nation's Most Advanced Fiber-Optic Network Straight to Consumers

    ABINGTON, Mass., March 4 /PRNewswire/ -- Beginning today, consumers in Abington have more choice in cable TV providers now that Verizon has introduced FiOS TV, making a broad range of programming choices and superior picture quality available to some 5,000 more Massachusetts households.

    Abington is among 64 Massachusetts communities (see list below) where the company's new television service is being offered -- the only TV service delivered over the nation's most advanced all-fiber network directly connecting to millions of individual homes and businesses. FiOS TV is now available to consumers in more than 400,000 Massachusetts households.

    Verizon is currently negotiating with several other communities in Massachusetts to obtain additional franchises. For more information on the Verizon franchise process in the state, visit http://www.verizon.com/ma.

    Donna Cupelo, Verizon region president for Massachusetts and Rhode Island, said, "FiOS TV gives consumers in Abington an outstanding, superior alternative for their video entertainment. Customers in Abington who liked what FiOS did for their Internet connection will love what it does for their TV. We've harnessed the speed and capacity of fiber-based broadband with the power of broadcast to create a revolutionary, new entertainment experience."

    Massachusetts residents who are FiOS TV-eligible now have the option to trim their monthly bills by bundling FiOS TV service, FiOS Internet service and the Verizon Freedom Value unlimited calling plan, all for $104.99 a month.

    Service highlights include: -- FiOS TV Premier, the lead offer, delivers more than 200 all-digital channels. -- A total of 30 high-definition channels with extraordinary clarity and theater-quality sound. -- A library of more than 10,000 on-demand titles. -- Channels grouped by genres such as entertainment, sports, news, shopping, movies and family, making it easy for audiences to find their favorite programming. -- An easy-to-use interactive programming guide that integrates HD programming, On Demand content and the digital video recorder along with broadcast television into a seamless user experience. -- Set-top boxes ranging from a standard-definition box for $4.99 per month to the Home Media DVR, featuring a multi-room DVR that enables up to three simultaneous viewings of recorded programs without requiring customers to set up a complex home network or buy extra equipment. The recorder is bundled with Media Manager, a new feature that lets customers easily access photos and music from their personal computer and play them on their entertainment center where they look and sound the best. Home Media DVR is $19.99 per month. -- FiOS TV Widgets, a free interactive feature that provides local weather and traffic information.

    Programming choices for Hispanic, African-American, Asian, Russian and other multicultural audiences are available in every market, making FiOS TV an outlet for emerging and independent networks to showcase their diverse programming.

    Information on packages and prices is available at http://www.verizon.net/fiostv. Abington customers also can call 1-888-GET-FIOS to see if they qualify to order FiOS TV.

    Verizon research indicates 87 percent of Massachusetts residents favor more competition and choice for video services. Independent studies have shown that competition in the video market brings enormous benefits to consumers in the form of reduced prices, better packages and improved service.

    FiOS TV is designed to be a formidable competitor to cable and satellite. Verizon's fiber-to-the-premises (FTTP) network, the largest of its kind in the country, is currently under construction in more than half the states where the company offers landline communications services, including almost 100 Massachusetts communities.

    The network brings the power and capacity of fiber optics directly into people's homes and has industry-leading quality and reliability. Fiber delivers amazingly sharp pictures and sound, and has the capacity to transmit a wide array of high-definition programming that is so clear and intense it seems to leap from the TV screen. It also delivers Internet download speeds of up to 50 Mbps (megabits per second) and upload speeds of up to 20 Mbps as well as high-quality voice services.

    (More information about FiOS TV and fiber optics is available in Verizon's online News Center at http://www.verizon.com/news.)

    The value of FiOS TV extends to the installation and customer support. Specially trained Verizon technicians will install the service and acquaint subscribers with FiOS TV features and services. Verizon is waiving the installation fee for up to three existing TV outlets, and there is no charge to install a needed optical network terminal at the subscriber's home. Charges for other installation services, such as additional outlets, may apply. Verizon provides 24 x 7 technical assistance by phone from its Fiber Solutions Centers in Providence, R.I., and other cities.

    (FiOS TV is available in Abington, Acton, Andover, Arlington, Bedford, Belmont, Boxborough, Boxford, Braintree, Burlington, Canton, Dedham, Dunstable, Framingham, Franklin, Georgetown, Hamilton, Holliston, Hopkinton, Ipswich, Lawrence, Lincoln, Littleton, Lexington, Lynn, Lynnfield, Marion, Marlborough, Marshfield, Mattapoisett, Medfield, Medway, Melrose, Methuen, Middleborough, Nahant, Natick, Needham, Newton, North Reading, Norfolk, Norwood, Reading, Rockland, Rowley, Sherborn, Southborough, Stoneham, Sudbury, Swampscott, Tewksbury, Topsfield, Tyngsborough, Wakefield, Waltham, Wayland, Wellesley, Wenham, West Newbury, Westborough, Westwood, Wilmington, Winchester and Woburn, as well as other locations in New York, New Jersey, California, Delaware, Texas, Florida, Indiana, Maryland, Oregon, Pennsylvania, Rhode Island and Virginia. The company also has TV franchises in the Massachusetts communities of Rochester and Wareham.)

    Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving nearly 66 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of nearly 235,000 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.

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

    Verizon

    CONTACT: Rick Colon, +1-781-849-2046, richard.b.colon@verizon.com, or
    Phil Santoro, +1-617-743-4760, philip.g.santoro@verizon.com, both of Verizon

    Web site: http://www.verizon.com/
    http://www.verizon.com/ma
    http://www.verizon.net/fiostv
    http://www.verizon.com/news

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




    Seven Summits Research Releases Comments on GM, SNDK, NYX, POT, and AEM

    CHICAGO, March 4 /PRNewswire/ -- Seven Summits Research releases NewsBites on key stocks.

    Seven Summits Strategic Investments NewsBites are available to all investors at:

    http://www.go7now.com/nb/0304Y (Note: You may have to copy this link into your browser then press the [ENTER] key.)

    Today's Seven Summits Strategic Investments NewsBites cover the following stocks: General Motors Corporation , SanDisk Corp. , NYSE Euronext, Inc. , Potash Corp. of Saskatchewan, Inc. , and Agnico-Eagle Mines Ltd. .

    These brief stock reports may contain details regarding recent or anticipated stock moves, resistance and support price levels, insider trades, upgrades, downgrades, and other news from our network of information resources. Reports may also include hedged trade ideas designed to potentially protect investors from unexpected market shifts. While other market reports provide only stock news, we offer strategies that hedge investments against uncertainty. Hedged trades increase your chances of making a profit, even if a stock goes down.

    "Our NewsBites strive to go above and beyond other stock market news reports. Along with brief concise stories, each NewsBite provides useful information and tactics on how to ensure your investments are protected with basic hedging techniques," says Reid Stratton, Seven Summits Senior Analyst. "These essential news items contain information that can benefit both the expert and the novice investor who wants to stay ahead of the market by anticipating changes instead of just reacting to them."

    For essential information on stocks that may be poised to move, go to:

    http://www.go7now.com/nb/0304Y to find all available Seven Summits Strategic Investments NewsBites.

    Seven Summits Investment Research is an independent investment research group, which focuses on the U.S. equities and options markets. Our analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best possible investment decisions. For more information go to

    http://www.sevensummitsinvestmentresearch.com/. CRD# 137114

    Your One Stop Introduction to Futures. Considering venturing into the dynamic futures markets? But where do you start? With the complimentary Intro Guide to Futures Trading, courtesy of MainStreet Trading. Learn the benefits of leverage; see basic trading guidelines and more. Get the Guide.

    http://www.marketintelligencecenter.com/MST1

    All stocks and options shown are examples only -- not recommendations to buy or sell. Our picks do not represent a positive or negative outlook on any security. Potential returns do not take into account your trade size, brokerage commissions or taxes -- expenses that will affect actual investment returns. Stocks and options involve risk, thus they are not suitable for all investors. Prior to buying or selling options, a person should request a copy of Characteristics and Risks of Standardized Options available from Catherine at 800-698-9101 or at

    http://www.cboe.com/Resources/Intro.aspx. Privacy policy available upon request.

    Seven Summits Investment Research

    CONTACT: Marcus Thetmis of Seven Summits Investment Research,
    +1-434-293-9100

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




    Henry Bros. Electronics, Inc. Announces Appointment of New Vice President & General Manager of Washington Metro Region

    FAIR LAWN, N.J., March 4 /PRNewswire-FirstCall/ -- Henry Bros. Electronics, Inc. , a turnkey provider of technology-based integrated electronic security solutions, announced the appointment of Brian Mathieu as the Company's new Vice President and General Manager for the Washington Metro Region. As a primary market for Henry Bros. integrated security business, Mathieu will play a key role in driving new business opportunities while serving existing national accounts. Mathieu will begin serving in his new position immediately and will report directly to Brian Reach, President and Chief Operating Officer of Henry Bros.

    Mathieu brings to Henry Bros. 25 years of experience in building strategic sales programs for innovators in the security sector and has played in instrumental role in guiding direct and indirect sales channels. Prior to joining Henry Bros., Mathieu served as Vice President of Sales and Marketing at videoNEXT where he fostered a nationwide agreement with Simplex and updated the company's marketing collateral and completed a vertical market business plan driven by market conditions. He also formerly held the position of Global Account Manager at ISR/Stanley Security Solutions. While at ISR/Stanley, he significantly increased the number of new customers by 41 percent in a 12-month span, while achieving sales of $2.9 million.

    Mathieu's additional relevant industry experience includes an extensive tenure with Cardkey Systems, Inc., where he served as Director of Sales and Business Development, directing a $30 million Direct Sales Business unit. Mathieu also served as Director of Security System Sales for Simplex Time Recorder.

    Commenting on the appointment of Brian Mathieu, Brian Reach, President and Chief Operating Officer of Henry Bros. said, "I view it as a significant coup for our company to have attracted and attained Brian's expertise, and I am confident that he will fit in seamlessly with our team. He is a very driven individual, previously producing leading business units and building channel partners for several top-tier security sector firms through the application and delivery of his successful management strategies. I am confident that Brian will help us to meet and exceed our growth objectives within the Washington Metropolitan area and beyond."

    About Henry Bros. Electronics, Inc.

    Henry Bros. Electronics provides technology-based integrated electronic security systems, services and emergency preparedness consultation to commercial enterprises and government agencies. The Company has offices in Arizona, California, Colorado, Maryland, New Jersey, New York, Texas and Virginia.

    For more information, visit http://www.hbe-inc.com/.

    Safe Harbor Statement: Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward looking statements is contained under the heading of risk factors listed in the Company's filings with the U.S. Securities and Exchange Commission. Henry Bros. Electronics Inc. does not assume any obligation to update the forward-looking information.

    Investor Contacts: Todd Fromer / Erika Kay Jim Henry, KCSA Worldwide Chairman & Chief Executive Officer 212-896-1215 / 212-896-1208 Henry Bros. Electronics, Inc. tfromer@kcsa.com / ekay@kcsa.com 201-794-6500 jhenry@hbe-inc.com

    Henry Bros. Electronics, Inc.

    CONTACT: Investors, Todd Fromer, +1-212-896-1215, tfromer@kcsa.com, or
    Erika Kay, +1-212-896-1208, ekay@kcsa.com, both of KCSA, for Henry Bros.; or
    Jim Henry, Chairman & Chief Executive Officer of Henry Bros. Electronics,
    Inc., +1-201-794-6500, jhenry@hbe-inc.com

    Web site: http://www.hbe-inc.com/
    http://www.henrybroselectronics.com/

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