Digchip : Database on electronics components
 

Members login  
Email:
Password:


Companies news of 2008-03-14 (page 1)

  • Herley Announces $1.2 Million Contract Award from the U.S. Air ForceHerley Lancaster Will...
  • comScore Co-Founder and Chairman Gian Fulgoni Inducted Into Chicago Area Entrepreneurship...
  • Quest Diagnostics to Speak at Lehman Brothers 11th Annual Global Healthcare Conference
  • Quest Diagnostics to Speak at Cowen and Company 28th Annual Health Care Conference
  • YTB International, Inc. Offers European Tour PackagesYTB Partners with Spring...
  • Hike in Universal Service Fees Raises Importance of FCC Majority Vote on Subsidy Cap,...
  • EP Global Communications, Inc.'s Joseph M. Valenzano, Jr., Honored with Man of the Year...
  • RTG Ventures, Inc. Updates Status of Share Exchange Agreement With Atlantic Network...
  • Imation Corp. Schedules First Quarter 2008 Earnings Conference Call
  • FARO Annual Meeting of Shareholders Set for May 13, 2008
  • YouTube.com Accounted for 1 Out of Every 3 U.S. Online Videos Viewed in JanuaryTotal Video...
  • Spirit AeroSystems Selected to Design and Manufacture Nacelle Systems for Rolls-Royce...
  • Newly Released Third-Party Metrics Validate Last.fm is the Fastest-Growing Free Online...
  • Paragon Technologies Announces Conference Call Webcast of 2007 Fourth Quarter and Year-End...
  • General Dynamics Awarded $109 Million by U.S. Army for Small-Caliber Ammunition
  • The Pearson Foundation and SAP Bring Literacy Alliance to Clark CountyNew Program Helps...
  • Johnson Controls and Its Intertec Systems Joint Venture Recognized by Toyota With Awards...
  • Test Signals Breakthrough to Speed Transfers of Large Files Over the InternetPeer-to-Peer...
  • DuPont Increases First Quarter 2008 Earnings Outlook
  • Seven Summits Research Releases Alerts on GE, AMGN, TXN, PCP, and HANS
  • UCN Completes Independent Investigation
  • Siemens PLM Software Sponsored Race Teams Dominate NASCAR Race; Give Toyota First Sprint...
  • EDS Names Nitin Khanna to Lead U.S. State and Local Government Non-Healthcare Sector
  • Perfect World Successfully Holds the First Stop of the 'Perfect Festival' Tour in Beijing
  • Sao Paulo's National Center for High Performance Computing, CENAPAD-SP, Leverages SGI...
  • Scientific Games Racing Signs New Contracts with Nassau OTBWagering Systems Contracts...
  • CounterPath Reports Third Quarter Fiscal 2008 Financial Results
  • Enliven Marketing Technologies Corporation Announces Fourth Quarter and Full-Year 2007...
  • TiVo to Present at the Citi Investment Research Small & Mid-Cap Conference



    Herley Announces $1.2 Million Contract Award from the U.S. Air ForceHerley Lancaster Will Supply Low Noise Assemblies for the F-16 Fire Control Radar

    LANCASTER, Pa., March 14 /PRNewswire-FirstCall/ -- Herley Industries, Inc. announced the receipt of a contract for approximately $1.2 million from Hill Air Force Base to provide next-generation low noise assemblies ("LNA") for the U.S. and international Air Force F-16 APG-68 radar systems. As the receiver front end, the LNA receives incoming signals, then down converts these signals for processing.

    Myron Levy, Herley's Chairman and CEO, commented, "This is the first contract for hardware production against a $19.7 million ID/IQ contract awarded to Herley Lancaster in 2004 by Hill Air Force Base for development and production of LNAs for the U.S. and international Air Force F-16 APG-68 radar system. The F-16 represents a very large percentage of the U.S. Air Force's total fighter force and is in use by 19 countries worldwide. Herley has provided microwave components for the F-16 program for many years; and now that these next generation LNAs are fully qualified, we can expect to receive significant future orders for LNAs for the APG-68 radar system."

    Herley Industries, Inc. is a leader in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide. Based in Lancaster, PA, Herley has eight manufacturing locations and approximately 985 employees. Additional information about the company can be found on the Internet at http://www.herley.com/

    For information at Herley contact: Peg Guzzetti Tel: (717) 735-8117 Investor Relations http://www.herley.com/

    Safe Harbor Statement - Except for the historical information contained herein, this release may contain forward-looking statements. Such statements are inherently subject to risks and uncertainties. When used in this report, words such as "anticipated," "believes," "could," "estimates," "expects," "may," "plans," "potential" and "intends" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the belief of the Company's management, as well as assumptions made by and information currently available to the Company's management. The Company's results could differ materially based on various factors, including, but not limited to, cancellation or deferral of customer orders, difficulties in the timely development of new products, difficulties in manufacturing, increased competitive pressures, the effects of the indictment of the Company and general economic conditions. The Company undertakes no obligation to update forward-looking statements as a result of future events or developments.

    Herley Industries, Inc.

    CONTACT: Peg Guzzetti, Investor Relations of Herley Industries, Inc.,
    +1-717-735-8117

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




    comScore Co-Founder and Chairman Gian Fulgoni Inducted Into Chicago Area Entrepreneurship Hall of Fame

    CHICAGO, March 14 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today announced the induction of Gian Fulgoni, comScore Co-Founder and Chairman, into the Chicago Area Entrepreneurship Hall of Fame on March 12, 2008. The award was presented at a dinner held at the Chicago Hilton and Towers and attended by 500 guests.

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

    From 1981 to 1998 Mr. Fulgoni served as president and CEO of Information Resources, Inc., the international market research company. In 1991, Mr. Fulgoni was named Illinois Entrepreneur of the Year for his efforts in guiding the development of IRI's InfoScan service and was the recipient of the award again in 2004 for his efforts in co-founding and building comScore. He is the only person to have won the award twice.

    Since 1985, the Chicago Area Entrepreneurship Hall of Fame has recognized innovative business leaders in Chicago's seven-county area. Each year, the Hall of Fame inducts distinguished entrepreneurs who have demonstrated entrepreneurial spirit and business talent by founding or growing their respective business. Previous inductees have included Leonard Lavin, founder of Alberto-Culver Company, Robert W. Galvin, Chairman Emeritus of Motorola, Inc. and Gordon Segal founder of Crate & Barrel.

    The Entrepreneurship Hall of Fame is organized by the University of Illinois at Chicago Institute for Entrepreneurial Studies, which was founded in 1982. The Institute is one of the leading entrepreneurial research and professional organizations in the United States.

    About comScore

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

    Photo: 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/




    Quest Diagnostics to Speak at Lehman Brothers 11th Annual Global Healthcare Conference

    MADISON, N.J., March 14 /PRNewswire-FirstCall/ -- Quest Diagnostics Incorporated , the nation's leading provider of diagnostic testing, information and services, announced that it is scheduled to speak at the Lehman Brothers Eleventh Annual Global Healthcare Conference on Wednesday, March 19, 2008, at The Loews Miami Beach Hotel, Miami, Florida. The Quest Diagnostics presentation is scheduled to begin at 9:00 a.m. Eastern Time.

    The presentation will be webcast live during the conference and will be available to registered investors on the following site: http://cc.talkpoint.com/lehm002/031808a_jw/default.asp?entity=QuestDiagnostics and to the public on http://www.questdiagnostics.com/. In addition, the archived webcast will be available within 24 hours after the presentation and will remain available until March 26, 2008.

    Quest Diagnostics is the leading provider of diagnostic testing, information and services that patients and doctors need to make better healthcare decisions. The company offers the broadest access to diagnostic testing services through its national network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. Quest Diagnostics is a pioneer in developing innovative new diagnostic tests and advanced healthcare information technology solutions that help improve patient care. Additional company information is available at: http://www.questdiagnostics.com/.

    The statements in this press release which are not historical facts may be forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date that they are made and which reflect management's current estimates, projections, expectations or beliefs and which involve risks and uncertainties that could cause actual results and outcomes to be materially different. Risks and uncertainties that may affect the future results of the Company include, but are not limited to, the competitive environment, changes in government regulations, changing relationships with customers, payers, suppliers and strategic partners and other factors discussed in "Business" in Part I, Item 1, "Risk Factors" and "Cautionary Statement for Purposes of the 'Safe Harbor' Provisions of the Private Securities Litigation Reform Act of 1995" in Item I, Part 1A, "Legal Proceedings" in Part I, Item 3, "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II, Item 7 and "Quantitative and Qualitative Disclosures About Market Risk" in Part II, Item 7A in the Quest Diagnostics 2007 Annual Report on Form 10-K and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Quantitative and Qualitative Disclosures About Market Risk" in the Company's 2008 Quarterly Reports on Form 10-Q and other items throughout the Form 10-K and the Company's 2008 Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

    Quest Diagnostics Incorporated

    CONTACT: Investors, Laure Park, +1-973-520-2900, or Media, Nancy
    Fitzsimmons, +1-973-520-2800, both of Quest Diagnostics Incorporated

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




    Quest Diagnostics to Speak at Cowen and Company 28th Annual Health Care Conference

    MADISON, N.J., March 14 /PRNewswire-FirstCall/ -- Quest Diagnostics Incorporated , the nation's leading provider of diagnostic testing, information and services, announced that it is scheduled to speak at the Cowen and Company Twenty Eighth Annual Health Care Conference on Tuesday, March 18, 2008, at the Marriott Copley Place, Boston, Massachusetts. The Quest Diagnostics presentation is scheduled to begin at 8:45 a.m. Eastern Time.

    The presentation will be webcast live during the conference and will be available to registered investors on the following site: http://www.corporate-ir.net/ireye/conflobby.zhtml?ticker=DGX&item_id=1778380 and to the public on http://www.questdiagnostics.com/. In addition, the archived webcast will be available one hour following the presentation and will remain available until April 18, 2008.

    Quest Diagnostics is the leading provider of diagnostic testing, information and services that patients and doctors need to make better healthcare decisions. The company offers the broadest access to diagnostic testing services through its national network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. Quest Diagnostics is a pioneer in developing innovative new diagnostic tests and advanced healthcare information technology solutions that help improve patient care. Additional company information is available at: http://www.questdiagnostics.com/.

    The statements in this press release which are not historical facts may be forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date that they are made and which reflect management's current estimates, projections, expectations or beliefs and which involve risks and uncertainties that could cause actual results and outcomes to be materially different. Risks and uncertainties that may affect the future results of the Company include, but are not limited to, the competitive environment, changes in government regulations, changing relationships with customers, payers, suppliers and strategic partners and other factors discussed in "Business" in Part I, Item 1, "Risk Factors" and "Cautionary Statement for Purposes of the 'Safe Harbor' Provisions of the Private Securities Litigation Reform Act of 1995" in Item I, Part 1A, "Legal Proceedings" in Part I, Item 3, "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II, Item 7 and "Quantitative and Qualitative Disclosures About Market Risk" in Part II, Item 7A in the Quest Diagnostics 2007 Annual Report on Form 10-K and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Quantitative and Qualitative Disclosures About Market Risk" in the Company's 2008 Quarterly Reports on Form 10-Q and other items throughout the Form 10-K and the Company's 2008 Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

    Quest Diagnostics Incorporated

    CONTACT: Laure Park (Investors), +1-973-520-2900; or Nancy Fitzsimmons
    (Media), +1-973-520-2800, both of Quest Diagnostics Incorporated

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




    YTB International, Inc. Offers European Tour PackagesYTB Partners with Spring International Travel & Mandarin Voyages to Offer Exclusive Tours

    WOOD RIVER, Ill., March 14 /PRNewswire-FirstCall/ -- YTB International, Inc. (Pink Sheets: YTBLA) ("YTB" or the "Company"), a leading international provider of Internet-based travel websites and home-based independent representatives, today announced an exclusive partnership with Shanghai Spring International Travel Service and Mandarin Voyages to market and sell European tour packages, including trips to France, Germany, Belgium, and Holland.

    "We are very pleased to offer these exclusive packages with Spring/Mandarin. The tours have been designed with many beautiful and historical European stops along the way for great prices," said J. Kim Sorensen, CEO of YTB Travel Network, a wholly-owned YTB subsidiary. "Spring/Mandarin Travel have created the ultimate tour packages with all amenities and special details taken care of to ensure a memorable vacation. We are excited to partner with these fine travel companies to increase the number of unique trips available to our YTB friends."

    The 8- to-16-day tour packages, available only through YTB, are in response to YTB's increased demand for European travel. The trips include departures from New York and Toronto with visits to popular locations such as Paris, Brussels, Amsterdam, Cologne, and Luxembourg. The vacations are currently available for booking, with travel available throughout the remainder of the year.

    "By leveraging Spring/Mandarin's dominant position within the travel industry, our RTAs get great rates on fantastic trips and can pass these savings on to their customers," continued Mr. Sorensen. "It's a win-win for everyone, and another way that YTB is extending its reach as a truly global travel company."

    YTB and Spring International Travel Service, the largest privately-owned travel agency and largest domestic and outbound tour provider in China, have also partnered together to market and sell tour packages to China with many destination stops, including Shanghai and Beijing, home of the 2008 Summer Olympics.

    About YTB International

    Recognized as the 35th largest seller of travel in the U.S. in 2006 by Travel Weekly, YTB International, Inc. provides Internet-based travel booking services for home-based independent representatives in the United States, Puerto Rico, the Bahamas, Canada, Bermuda, and the U.S. Virgin Islands.

    It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com focuses on marketing online travel websites through a nationwide network of independent business people, known as 'Reps.' YTB Travel Network establishes and maintains travel vendor relationships, processes travel transactions of online travel agents and affiliates, collects travel commissions and pays sales commissions. Each RTA directs consumers to the YTB Internet-based travel website. REZconnect Technologies hosts a travel agency for traditional travel agents and offers franchises of brick and mortar travel agencies. For more information, visit http://www.ytbi.com/investor.

    Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

    Investor Contact: Garth Russell / Yemi Rose KCSA Worldwide for YTB International, Inc. Phone: 212.896.1250 / 212.896.1233

    YTB International, Inc.

    CONTACT: Media, Lauren Barker of Levick Strategic Communications for YTB
    International, Inc., +1-202-973-1342, Mobile +1-443-618-9169,
    lbarker@levick.com, or Investors, Garth Russell, +1-212-896-1250, or Yemi
    Rose, +1-212-896-1233, both of KCSA Worldwide for YTB International, Inc.

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




    Hike in Universal Service Fees Raises Importance of FCC Majority Vote on Subsidy Cap, Verizon's Tauke SaysConsumers Burdened by Skyrocketing Subsidies to Rural Wireless Providers

    WASHINGTON, March 14 /PRNewswire/ -- Verizon today urged the Federal Communications Commission to approve the interim cap on subsidies paid to rural wireless carriers, which was recommended by the Federal-State Joint Board on Universal Service last year, to protect consumers from a growing financial burden.

    Tom Tauke, Verizon executive vice president of public affairs, policy and communications, said that the action was critical in view of today's announcement by the Federal government that it will collect even more to fund universal service programs -- a move that translates to nearly an 11 percent increase in the surcharge consumers pay on their monthly phone bills.

    The increased cost of the fund, according to Tauke, is a result of growth in subsidy payments -- which skyrocketed from $1 million in 2000 to nearly $1.2 billion in 2007, a one thousand-fold increase -- to Competitive Eligible Telecommunications Carriers (almost all of which are wireless companies).

    "Consumers will thank the FCC when three commissioners finally call a halt to funding windfalls for some companies from the Universal Service Fund," Tauke said. "Let's hope this new hike in the fund's contribution factor helps produce a majority vote for the cap.

    "We'll know the FCC is making progress toward overall reform when there are three votes for an interim cap," he said.

    The FCC announced today that the "contribution factor" -- the percentage of interstate end-user revenues that is collected from phone customers via their monthly bill to fund universal service -- will increase from 10.2 percent to 11.3 percent in the second quarter.

    In March 2007 testimony before the Senate Committee on Commerce, Science and Transportation, Tauke said a major cause of skyrocketing subsidies for rural wireless carriers is the existence of "three, four, even five wireless carriers receiving universal service funding" in the same geographical area.

    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: David Fish of Verizon, +1-202-515-2514,
    david.m.fish@verizon.com

    Web site: http://www.verizon.com/
    http://www.verizon.com/news

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




    EP Global Communications, Inc.'s Joseph M. Valenzano, Jr., Honored with Man of the Year AwardCEO and President of EP Global Communications, Inc. to be honored as the 2008 Man of the Year, an accolade presented by the Arc of East Middlesex.

    JOHNSTOWN, Pa., March 14 /PRNewswire-FirstCall/ -- EP Global Communications, Inc. (BULLETIN BOARD: EPGL) , the parent company of Exceptional Parent (EP) magazine, is pleased to announce today that its CEO and President, Joseph M. Valenzano, Jr., will be honored with the 2008 Man of the Year Award presented by the Arc of East Middlesex, located just outside of Boston. The award presentation will take place in November of this year in Boston at the Arc of East Middlesex's signature event, the Richard Tucker Memorial Dinner and Auction. Founded in 1954, the Arc of East Middlesex (EMARC) is a nonprofit organization, which assists children and adults with developmental disabilities and their families.

    Mr. Valenzano was selected in recognition of the outstanding information, support, and resources he provides to parents of children with disabilities and the public awareness he raises through Exceptional Parent. Jo Ann Simons, Executive Director of the Arc of East Middlesex, said regarding Mr. Valenzano's selection as their Man of the Year, "Joe is the perfect choice because the mission and values he espouses through Exceptional Parent are in perfect harmony with the mission and values of the Arc of East Middlesex: to value and empower individuals with disabilities and their families." When hearing of the award, Mr. Valenzano commented, "There are far many others more deserving than I, but I am humbled by the recognition."

    Mr. Valenzano is the first to say that the last 15 years, after he took the reins at Exceptional Parent (EP) magazine, are the most fulfilling of his life. For Joe Valenzano, EP was a prospect where his love of disability-related causes and, more importantly, the people behind them could take flight and soar. When Joe arrived at EP, the magazine had a solid reputation as being a trusted periodical for families caring for children with special needs. Joe had a vision and took it to the next level. EP magazine now is endorsed by a professional medical society and is considered a peer-reviewed journal offering Category I CME credit for physicians inside its monthly pages. And its reach goes beyond physicians to therapists and teachers and caregivers of both children and adults.

    Also, noteworthy was Joe's inauguration in 2002 of the Disability Awareness Night (DAN). Through this community outreach program, which partners with professional sports teams from all over the country, Joe is fighting for recognition of both the challenges that people with disabilities and the individuals that support them encounter and the vast contributions that they can, and do, make as valued members of American society. The Night of Military Distinction, a special annual DAN event that recognizes military heroes who have returned from the theaters of war with a battle-acquired disability, highlights another area of outreach Joe has championed. Joe recognizes the unique struggles of military families, both those who have a service member who has returned home from war newly disabled or who have a child with a disability.

    With this group in mind, EP instituted a special monthly insert in the print magazine that covers topics and offers resources unique to military families who have a member who is challenged with a disability. This insert is but one aspect of EP's Exceptional Family Transitional Training (EFTT) program, a U.S. Army Cooperative Agreement. EP's purpose in launching the EFTT program was to increase unit readiness and decrease the stress affecting Army servicemen and servicewomen and their families by providing information, resources, and support for people with disabilities and special needs and all those who participate in their care and development. In addition to the monthly magazine insert, this program offers military families and professionals online education programs, many for Continuing Medical Education (CME) credit. Joe was instrumental in the design and implementation of the EFTT program since its inception in 2006 and has carefully guided the program. The importance of this program is recognized by many of Joe's military colleagues and contacts. Annette Conway, the wife of the current Commandant of the Marine Corps, General James Conway, commented that Joe is "a man of passion and drive. We are lucky to have found him and his desire to help our families." Isabel Hodge a Marine Corps veteran who currently works as a content analyst for the Department of Defense's Military Community and Family Policy Program Support Group said, "Another well deserved award! Joe is the man of every year! Semper Fi!"

    Mr. Valenzano's many professional colleagues in the field of disabilities had much to say about his being named Man of the Year. R. Sandlin Lowe, III, MD, a neuropsychopharmacologist and Clinical Assistant Professor in the Department of Psychiatry and Department of Physiology and Neuroscience of the New York University School of Medicine, commented, "They could not have picked a better man for this award ... Well deserved for all [Joe's] hard work but, more importantly, [for his] empathy and compassion."

    The Arc of East Middlesex is a well-respected organization, which has received three consecutive certifications of Two Years with Distinction, the highest rating given by the Massachusetts Department of Mental Retardation.

    About EP Global Communications, Inc.

    EP Global Communications, parent company of Exceptional Parent (EP) magazine is a 37-year-old, award-winning publishing and communications company which provides practical advice and emotional support to families and professionals caring for the needs of children and adults with disabilities.

    Safe Harbor Statement

    Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company's statements regarding trends in the marketplace and potential future results are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of projects due to the variability in size, scope and duration of projects, estimates made by management with respect to the Company's critical accounting policies, regulatory delays, clinical study results which lead to reductions or cancellations of projects, and other factors, including general economic conditions and regulatory developments, not within the Company's control. The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

    Contact: Jan Hollingsworth, Managing Editor Phone: 814-361-3860 x291 Email: jhollingsworth@eparent.com

    EP Global Communications, Inc.

    CONTACT: Jan Hollingsworth, Managing Editor of EP Global Communications,
    Inc., +1-814-361-3860, ext. 291, jhollingsworth@eparent.com

    Web site: http://www.eparent.com/
    http://www.epbookstore.com/




    RTG Ventures, Inc. Updates Status of Share Exchange Agreement With Atlantic Network Holdings Limited

    NEW YORK, March 14 /PRNewswire-FirstCall/ -- RTG Ventures, Inc. (BULLETIN BOARD: RTGV) is moving forward towards closing the Share Exchange Agreement with Atlantic Network Holdings Limited (ANHL). The ANHL 3-year audit, in process, has taken a protracted amount of time to conclude because of the addition of Ecommercenet Limited et al in December, 2007, and the complexities of a vertically-integrated media venture which is international in scope. The entities are separate, but are then consolidated for balance sheet purposes. The diligence applied is not only required, but is in the best interests of the shareholders. However, the officers of RTGV have taken the opportunity to reassess each parameter of the transaction as it evolves in order to ensure that the shareholder's position is optimized whenever possible. To that end, two enhancements are being initiated which clarify the share structure and include additional information in the audit process.

    The 75/25 share apportionment of the resultant company, New Media Television, Inc. (NMTV) between ANHL and RTGV respectively, will be provided as follows:

    75% of the new shares will be issued as ownership shares in the form of Preferred Shares(PS), with voting rights of 100 to 1, which will be convertible to common stock after a minimum of one year. The post-merger effect is the outstanding shares will only include those provided to RTGV shareholders, or 42,435,315 shares as stated in the Amendment to the Definitive Agreement filed on December 21, 2007.

    Certain ANHL assets are to be assessed under an independent Fairness Valuation as the anticipated accretion since the last audit of ANHL as a private company has been significant. The result is then included in the audit to GAAP standards and the Super 8-K.

    Both of these actions will strengthen the financial profile and transparency with the investment community, as well as position the NMTV shareholders very positively going forward.

    Mr. Barrington J Fludgate appointed as Chairman of NMTV coincident with the Share Exchange completion, will take on the additional role of Chief Executive Officer upon closing.

    Mr. Fludgate commented: "NMTV has been structured to provide maximum return to the shareholders. In today's highly volatile economic environment, companies are subject to a credit squeeze and uncertainty regarding their ability to successfully execute their Business Plans. That is not the case with NMTV and we appreciate our shareholders patience as NMTV approaches closing. We consider our venture to be a recession-proof business, which will grow organically and by acquisition. We look forward to demonstrating our commitment to our shareholders through some very exciting plans for our first year as a public company."

    The Company will continue to issue updates as information becomes available. We expect to set a closing date shortly.

    About NMTV: NMTV is a media venture utilizing a new exclusive broadband technology which delivers multicast transmissions ensuring TV quality without buffering or freezing. Its infrastructure is comprised of an established studio complex outside of London with six operational subsidiaries, an investment vehicle which owns the freehold on the studio property, and a television production operation which has joint venture agreements with 15 internet channels. The Company has a payment system product with two brands, epaypoint and Web-Pay, geared to the Internet and designed to accommodate exponential demand for media and is a natural extension for NMTV. Initiatives are also underway in Reality TV and ongoing natural history filming. Other subsidiaries hold film interests via script rights.

    Safe Harbor Provisions: The foregoing contains certain predictive statements that relate to future events or future business and financial performance. Such statements can only be predictions, and the actual events or results may differ from those discussed due to, among other things, those risks described in RTGV's reports filed with the SEC. Opinions expressed herein are subject to change without notice. This document is published solely for information purposes, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities in any state. Past performance does not guarantee future performance. Additional information is available upon request.

    RTG Ventures, Inc.

    CONTACT: Investors Relations, New York, +1-917-488-6473




    Imation Corp. Schedules First Quarter 2008 Earnings Conference Call

    OAKDALE, Minn., March 14 /PRNewswire-FirstCall/ -- Imation Corp. is scheduled to release the company's first quarter 2008 financial results on Thursday, April 24, 2008 at 6:00 AM Central Daylight Time (CDT). A teleconference for the financial community and a live webcast are scheduled to begin at 9:00 AM CDT.

    The live webcast of the teleconference will be available on the Internet at http://www.imation.com/ or http://www.streetevents.com/. A replay of this webcast will be available at either of these websites through Tuesday, April 29, 2008. A taped replay of the teleconference will be available beginning at 1:00 PM CDT, April 24, 2008 until 5:00 PM CDT on April 29, 2008 by dialing 866-837-8032 (access #1216587).

    All remarks made during the teleconference will be current at the time of the call and the replay will not be updated to reflect any subsequent material developments.

    About Imation Corp

    Imation Corp. is focused on the development, manufacture and supply of removable data storage products spanning the four pillars of magnetic, optical, flash and removable hard disk storage as well as consumer technology products. Imation Corp.'s global brand portfolio, in addition to the Imation brand, includes the Memorex brand, one of the most widely recognized names in the consumer electronics industry, famous for the slogan, "Is it live or is it Memorex?" Imation is also the exclusive licensee of the TDK Life on Record brand, one of the world's leading recording media brands. Additional information about Imation is available on the company's website at http://www.imation.com/, or by calling 1-888-466-3456.

    Imation Corp.

    CONTACT: Brad Allen, Vice President, Corporate Communications and
    Investor Relations of Imation Corp., +1-651-704-5818, bdallen@imation.com

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




    FARO Annual Meeting of Shareholders Set for May 13, 2008

    LAKE MARY, Fla., March 14 /PRNewswire-FirstCall/ -- FARO Technologies, Inc. the world leader in portable computer-aided measurement hardware and software, announced today that its 2008 Annual Meeting of Shareholders will be held on Tuesday, May 13, 2008 at 10:00 a.m. EDT. The meeting will take place at its global headquarters at 125 Technology Park, Lake Mary, Florida.

    About FARO

    With approximately 16,000 installations and 7,400 customers globally, FARO Technologies, Inc. designs, develops, and markets portable, computerized measurement devices and software used to create digital models -- or to perform evaluations against an existing model -- for anything requiring highly detailed 3-D measurements, including part and assembly inspection, factory planning and asset documentation, as well as specialized applications ranging from surveying, recreating accident sites and crime scenes to digitally preserving historical sites.

    FARO's technology increases productivity by dramatically reducing the amount of on-site measuring time, and the various industry-specific software packages enable users to process and present their results quickly and more effectively.

    Principal products include the world's best-selling portable measurement arm -- the FaroArm; the world's best-selling laser tracker -- the FARO Laser Tracker X and Xi; the FARO Laser ScanArm; FARO Photon Laser Scanners; the FARO Gage, Gage-PLUS and PowerGAGE; and the CAM2 Q family of advanced CAD-based measurement and reporting software. FARO Technologies is ISO-9001 certified and ISO-17025 laboratory registered.

    FARO Technologies, Inc.

    CONTACT: Darin Sahler, Global PR Manager of FARO Technologies, Inc.,
    +1-407-333-9911, sahlerd@FARO.com

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




    YouTube.com Accounted for 1 Out of Every 3 U.S. Online Videos Viewed in JanuaryTotal Video Viewing Down Slightly in January after Record-Breaking December

    RESTON, Va., March 14 /PRNewswire-FirstCall/ -- comScore , a leader in measuring the digital world, today released January 2008 data from the comScore Video Metrix service, revealing that YouTube.com accounted for one-third of the 9.8 billion videos viewed online in the U.S. during the month. The total number of videos viewed in January was down slightly from the more than 10.1 billion viewed during a record-breaking December 2007.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO) Google Sites Extends Lead in Online Video Market Share

    Google Sites once again ranked as the top U.S. video property in January with nearly 3.4 billion videos viewed (34.3 percent share of videos), gaining 1.7 share points versus the previous month. YouTube.com accounted for more than 96 percent of all videos viewed at the property. Fox Interactive Media ranked second with 584 million (6 percent), followed by Yahoo! Sites with 315 million (3.2 percent) and Microsoft Sites with 199 million (2 percent).

    Top U.S. Online Video Properties* by Videos Viewed January 2008 Total U.S. - Home/Work/University Locations Source: comScore Video Metrix Videos Share (%) of Property (MM) Videos Total Internet 9,814,010 100.0% Google Sites 3,363,335 34.3% Fox Interactive Media 584,132 6.0% Yahoo! Sites 315,001 3.2% Microsoft Sites 199,288 2.0% Viacom Digital 197,737 2.0% AOL LLC 118,033 1.2% Disney Online 95,041 1.0% Time Warner - Excl. AOL 85,467 0.9% ESPN 81,402 0.8% ABC.COM 49,017 0.5% * Rankings based on video content sites; excludes video server networks. Online video includes both streaming and progressive download video.

    More than 139 million U.S. Internet users spent an average of 206 minutes per person viewing online video in January. Google Sites also attracted the most viewers (80 million), where they spent an average of 110 minutes watching video. Fox Interactive attracted the second most viewers (53.9 million), followed by Yahoo! Sites (36.3 million) and AOL LLC (21.9 million).

    Top U.S. Online Video Properties* by Unique Viewers January 2008 Total U.S. - Home/Work/University Locations Source: comScore Video Metrix Unique Viewers Average Minutes Property (000) per Viewer Total Internet 139,521 206.3 Google Sites 80,056 109.9 Fox Interactive Media 53,913 11.7 Yahoo! Sites 36,362 18.0 AOL LLC 21,859 7.4 Viacom Digital 21,690 33.0 Microsoft Sites 20,842 30.0 Time Warner - Excl. AOL 13,914 18.2 Disney Online 13,005 8.9 ESPN 8,798 15.9 Apple Inc. 8,743 21.2 * Rankings based on video content sites; excludes video server networks. Online video includes both streaming and progressive download video. Other notable findings from January 2008 include: -- More than three-quarters of the total U.S. Internet audience (75.7 percent) viewed online video. -- 78.5 million viewers watched 3.25 billion videos on YouTube.com (41.4 videos per viewer). -- 49.4 million viewers watched 534 million videos on MySpace.com (10.8 videos per viewer). -- The average online video duration was 2.9 minutes. -- The average online video viewer consumed 70 videos.

    To request more information about comScore Video Metrix, 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: 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/




    Spirit AeroSystems Selected to Design and Manufacture Nacelle Systems for Rolls-Royce BR725

    WICHITA, Kansas, March 14 /PRNewswire/ --

    Spirit AeroSystems, Inc. (NYSE: SPR) announced Rolls-Royce as the customer for one of its previously awarded business jet contracts. Spirit has been selected to design and build the nacelle, thrust reverser and engine build up components for the Rolls-Royce BR725 engine; a contract worth in excess of US$600 million. Spirit will also support the aforementioned products in the Rolls-Royce Corporate Care Program throughout the life of the airplane. The BR725 is the selected engine for Gulfstream's recently-announced G650 business jet.

    "Spirit's propulsion expertise makes us a prime choice for product development such as this," said Mike King, Senior Vice President and General Manager of Spirit's Propulsion Segment. "We are thrilled to supply to Rolls-Royce and look forward to continuing our relationship with them."

    This propulsion package introduces new technology in the design and manufacture of the thrust reverser including highly integrated composite assemblies which provide significantly enhanced acoustic performance and new door concepts. The technology also offers optimum performance including fuel efficiency and unparalleled reverse thrust.

    "Spirit has established itself as a leader in the integration of propulsion systems in the commercial market. This is a great opportunity for us to apply that experience and knowledge to an entirely new market," King said.

    Spirit won the contract through a global competitive bid process. The components will be designed and manufactured at the company's Wichita, Kan., facility.

    About Spirit AeroSystems, Inc.

    Based in Wichita, Kan., Spirit AeroSystems is the world's largest independent supplier of large component parts and assemblies for commercial aircraft. The company does work in military and general aviation, as well as aftermarket customer support. In addition to its Kansas facility, Spirit has operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England.

    This press release contains forward-looking statements concerning future business opportunities. Actual results may vary materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in government procurement practices or in the number of aircraft to be built; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed in Spirit AeroSystems Holdings, Inc. Securities and Exchange Commission filings.

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

    Spirit AeroSystems, Inc.

    Debbie Gann, Corporate Communications of Spirit AeroSystems, Inc., +1-316-519-7340




    Newly Released Third-Party Metrics Validate Last.fm is the Fastest-Growing Free Online Music Network in the U.S.Supporting Last.fm's Internal Numbers, Comscore and Nielsen Online Show Free- On-Demand Service Has Spurred Growth and User EngagementComscore: Page Views Up 84%, Time Spent on Site Up 118% Month-Over-Month Nielsen Online: Unique Visitors Up 61% with Total Page Views Up 103% Month-Over-Month

    NEW YORK and LONDON, March 14 /PRNewswire-FirstCall/ -- Last.fm, the CBS Corporation-owned social music Web site, today announced that recently released numbers by Comscore and Nielsen Online show that since it introduced free-on-demand service it has become the fastest growing free online music network in the U.S.

    The third-party metrics issued by Comscore and Nielsen Online resemble internal numbers released last month by Last.fm showing the site experienced month-over-month growth across the board in terms of unique visits, page views and total minutes spent on the site.

    "Conquering the U.S. market is a crucial step in growing Last.fm, and we are very heartened by the overwhelming response," said Martin Stiksel, co- founder of the site. "These results affirm there is a real demand for Last.fm and the amazing music services we offer. We are establishing our site as the true destination for music lovers across the country."

    Comscore metrics show Last.fm's audience has become even more engaged in the last month with page views up 84% and the total minutes spent on the site increasing 118%. Nielsen Online metrics underscore that the free-on-demand service has helped the site reach a broader audience with 61% growth in unique visitors and an l03% increase in page views.

    "We're especially pleased that after the initial launch of our new free services, activity and engagement continues to grow so strongly on Last.fm," said Felix Miller, the site's CEO. "Users are not only visiting our site but staying and sampling the services we are offering. These numbers are extremely encouraging, and they prove to us there are significant opportunities for Last.fm in the US market."

    In launching the free-on-demand service earlier this year, Last.fm became the first music Web site to offer free, global, on-demand access to the largest licensed catalogue of music built on partnerships with all four major record labels -- Universal Music Group, Sony/BMG, Warner and EMI -- as well as CD Baby, IODA, the Orchard, Naxos and more than 150,000 independent labels and artists.

    Last.fm has become one of the leading places in the world where people can go to listen to music online. Its vast library has attracted a community of more than 21 million unique monthly users in 240 countries around the globe. The heart of Last.fm is a powerful recommendation engine that guides listeners to music they are likely to enjoy based on prior selections, connecting them with the music they love and with others who share their tastes. Last.fm's free-on-demand service is advertiser supported, allowing clients many unique opportunities to reach a highly targeted and engaged audience.

    Currently, the free-on-demand service is available in the U.S., U.K. and Germany available without registration, or the download of any software, and is scheduled to roll out globally in the coming months.

    About Last.fm

    Founded in 2002 in London, Last.fm is the online, social music revolution that connects people with music and artists with listeners. By joining the Last.fm community, music fans can choose to share their music preferences by linking their media player to the Last.fm database. This database is populated continually with over 600 million monthly track submissions from Last.fm music fans. As a result, Last.fm can intelligently recommend songs, artists, local concerts and even other members based on their musical tastes. Thanks to partnerships with Universal, EMI, Warner Music Group, Sony BMG, CD Baby, independent aggregators The Orchard and IODA, and more than 150,000 independent artists and labels that upload music directly to the site, Last.fm can draw recommendations from the largest licensed online catalogue of music. From January 2008, Last.fm started offering free-on-demand access to music on the site, without the need to log-in, as well as an unprecedented Artist Royalty program through which unsigned artists can earn revenue directly from Last.fm every time their music streamed.

    About CBS Corporation

    CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in all 50 states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and The CW -- a joint venture between CBS Corporation and Warner Bros. Entertainment), cable television (Showtime and CSTV Networks), local television (CBS Television Stations), television production and syndication (CBS Paramount Network Television and CBS Television Distribution), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), interactive media (CBS Interactive), music (CBS Records), licensing and merchandising (CBS Consumer Products), video/DVD (CBS Home Entertainment), in-store media (CBS Outernet) and motion pictures (CBS Films). For more information, log on to http://www.cbscorporation.com/.

    CBS Corporation

    CONTACT: Shannon Jacobs of CBS - New York, +1-212-975-3161,
    sljacobs@cbs.com, or Christian Ward of Last.fm - London, +44-(0)-20-7780-7080,
    christian@last.fm

    Company News On-Call: http://www.prnewswire.com/comp/185007.html




    Paragon Technologies Announces Conference Call Webcast of 2007 Fourth Quarter and Year-End Results

    EASTON, Pa., March 14 /PRNewswire-FirstCall/ -- Paragon Technologies, Inc. , a leading supplier of "smart" material handling systems and "software-driven" warehouse and distribution center solutions, will hold its quarterly conference call to discuss 2007 fourth quarter and year-end results on Tuesday, March 18, 2008 at 11:00 a.m. Eastern Time.

    This call is being webcast by Thomson/CCBN and can be accessed at Paragon's website at http://www.ptgamex.com/, or call into 1-866-752-7147, Conference ID: Paragon.

    The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at http://www.fulldisclosure.com/, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (http://www.streetevents.com/).

    About Paragon Technologies

    Paragon Technologies is a leader in integrating material handling systems and creating automated solutions for material flow applications. SI Systems' branded technologies and material handling solutions address unit assembly in manufacturing operations and order fulfillment applications. One of the top material handling systems suppliers worldwide, SI Systems leading clients have included the United States Postal Service, BMG, Peterbilt, Honda, and Maybelline.

    Paragon Technologies, Inc.

    CONTACT: Len Yurkovic, Acting CEO of Paragon Technologies, Inc.,
    +1-610-252-3205, FAX: +1-610-252-3102

    Web site: http://www.ptgamex.com/
    http://www.fulldisclosure.com/
    http://www.streetevents.com/




    General Dynamics Awarded $109 Million by U.S. Army for Small-Caliber Ammunition

    ST. PETERSBURG, Fla., March 14 /PRNewswire-FirstCall/ -- General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics , has recently been awarded two contracts valued at $20.5 and $88.7 million for production of small-caliber ammunition by the U.S. Army Sustainment Command, Rock Island, Ill. Work will be performed in St. Petersburg, Fla.

    General Dynamics and its consortium of small-caliber ammunition manufacturers have produced more than 345 million cartridges since 2006. The ammunition is used by all U.S. forces for training and combat operations.

    "General Dynamics can deliver more than 300 million rounds per year if needed," said Steven Torma, vice president of the small-caliber ammunition program at General Dynamics Ordnance and Tactical Systems. "We appreciate the continued confidence the Army has shown in our team's capabilities."

    General Dynamics Ordnance and Tactical Systems is a world leader in the manufacture of large, medium- and small-caliber direct and indirect-fire munitions, mortar weapons and systems, artillery projectiles, bomb bodies and Ball Powder(R) Propellant. The company also manufactures precision metal components; provides explosive load, assemble and pack services for a variety of munitions, tactical missile and rocket programs; and designs and produces shaped charge warheads and control actuator systems. More information on General Dynamics Ordnance and Tactical is available online at http://www.gd-ots.com/.

    General Dynamics, headquartered in Falls Church, Va., employs approximately 83,500 people worldwide and reported 2007 revenues of $27.2 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at http://www.generaldynamics.com/.

    General Dynamics Ordnance and Tactical Systems

    CONTACT: Laurie VanBrocklin of General Dynamics Ordnance and Tactical
    Systems, +1-727-578-8187, or cell, +1-727-204-1355, lgvanbrocklin@gd-ots.com

    Web site: http://www.gd-ots.com/
    http://www.generaldynamics.com/




    The Pearson Foundation and SAP Bring Literacy Alliance to Clark CountyNew Program Helps Las Vegas Schools Turn Small Donations Into $150,000 Book Grant

    LAS VEGAS, March 14 /PRNewswire/ -- The Pearson Foundation today announced a donation of more than $150,000 in new books to the Clark County School District (CCSD), in partnership with SAP America, Inc., a subsidiary of SAP AG , the world's leading provider of business software solutions, and SAP employees. The contribution marks the launch of the Pearson Foundation Literacy Alliance, an initiative to assist corporations and associations in creating book donations and other literacy-related giving programs for their employees and members. The Pearson Foundation announced the Literacy Alliance program yesterday at a reading celebration at Sunrise Acres Elementary School in Las Vegas that included representatives from Pearson, SAP, and Clark County School District.

    Through the Literacy Alliance, the Pearson Foundation partners with leading companies and nonprofit organizations to raise money for literacy programs at conferences, events, and online. The Pearson Foundation matches contributions to the Literacy Alliance, and targets school libraries and individual students that are most in need of help, using the reach of Pearson, the world's largest education company. The Literacy Alliance and other Pearson Foundation literacy programs like Family Book Nights and Jumpstart's Read for the Record Campaign create ways for individuals and organizations to get involved in the lives of young people. These initiatives are all designed to address the literacy gap facing many schools and families that lack resources for books and other kinds of reading programs.

    The Foundation's donation to CCSD, the fifth largest school district in the nation, came about through the participation of SAP employees, who were encouraged to donate books to the district while in Las Vegas for there for their national sales conference. As part of the Literary Alliance program, SAP matched this contribution, and the Pearson Foundation in turn matched the total amount of employee and corporate pledges, creating a total financial commitment of more than $150,000 for new books.

    Working with the office of the CCSD, the Pearson Foundation has identified 30 school libraries to receive new books through this initiative. The books will arrive in the schools throughout 2008.

    "SAP Americas embraces education, technology and innovation in our day-to-day operations as well as our community engagement," said Bill McDermott, President and CEO, SAP Americas and Asia Pacific Japan. "Since 2006, we have extended our commitment to our Field Kick-Off Meeting agenda by incorporating high-impact community service initiatives. The SAP-Pearson Literacy Alliance provided an onsite opportunity for more than 5,000 employees and business partners to stock the shelves of 30 Clark County School libraries, providing young readers with additional resources."

    "Businesses and business people understand the challenges facing schools today and they want to make a difference. What is missing in many cases is the right opportunity to support literacy programs in schools in a way that clearly reaches the right classroom and the right group of young people," said Pearson Foundation President, Mark Nieker. "The Literacy Alliance makes this kind of targeted book donation possible in a way that builds on the seemingly limitless good will of leading organizations like SAP and its employees."

    "When two multi-national companies come together to give back to the community, it speaks volumes about their commitment to public education. At the core of all learning is a child's ability and desire to read. However, we have many families in Las Vegas who don't have the means to provide a print rich environment at home. It is through the goodness in the hearts of the employees of SAP and Pearson that young children will be one step closer to enjoying the virtues of a good book. Thank you SAP and Pearson for your commitment to reading and young children," said Robert Alfaro, Region Superintendent of the Clark County School District East Region.

    About the Pearson Foundation

    The Pearson Foundation extends Pearson's commitment to education by partnering with leading nonprofit, civic, and business organizations to provide financial, organizational, and publishing assistance across the globe. The Foundation aims to make a difference by sponsoring innovative educational programs and extending its educational expertise to help in classrooms and in local communities. More information on the Pearson Foundation can be found at http://www.pearsonfoundation.org/.

    SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world.

    All other product and service names mentioned herein are the trademarks of their respective owners.

    Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

    The Pearson Foundation

    CONTACT: Adam Ray of The Pearson Foundation, +1-415-533-1005,
    adam.ray@pearsonfoundation.com

    Web site: http://www.pearsonfoundation.org/
    http://www.pearsoned.com/




    Johnson Controls and Its Intertec Systems Joint Venture Recognized by Toyota With Awards for Outstanding Performance

    PLYMOUTH, Mich., March 14 /PRNewswire/ -- Last week, Toyota Motor Engineering and Manufacturing North America, Inc. (TEMA) recognized automotive supplier Johnson Controls -- and one of its U.S. joint-venture operations -- for outstanding performance during the past year.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20070930/AQSU001LOGO)

    Toyota honored its top suppliers in North America for their 2007 achievements during its Annual Business Meeting and Awards Ceremony in Covington, Kentucky on March 3. The awards acknowledge those suppliers who exceeded Toyota's expectations in launch performance, technology, supplier diversity, value improvement and quality. Approximately 500 North American suppliers met to hear Toyota's objectives for the coming year, for recognition of outstanding performance among the firm's supply base, and to enhance relationships.

    Johnson Controls and its Intertec Systems joint venture gained three awards from Toyota for outstanding performance during 2007. Troy, Michigan-based Intertec Systems is a joint venture between Johnson Controls and Inoac Corporation of Nagoya, Japan. The company, which was founded in 1996, is a leading provider of vehicle instrument panels, instrument panel trim components and floor consoles to major automakers in North America.

    At the event, Johnson Controls gained a Superior Award in the Supplier Diversity category. It was the fourth consecutive year the company has received this recognition. Toyota's presentation of awards in the area of Supplier Diversity recognized supply companies' initiatives and outstanding efforts that helped the automaker meet its minority procurement targets. Johnson Controls supplies a variety of products for Toyota vehicles, including seats, interior trim, electronics and batteries.

    In addition, Johnson Controls' Livermore, California seat-manufacturing plant was recognized by Toyota with an Excellent Award in the Quality category. The facility supplies seats, and overhead consoles to the automaker.

    Toyota also honored the Intertec Systems interior parts-manufacturing plant in San Leandro, California with an Excellent Award in the Quality category. Intertec manufactures floor consoles and instrument panel trim for Toyota models.

    Beda Bolzenius, president of the Automotive Experience business for Johnson Controls, said that the company and its Intertec Systems joint venture exceeded Toyota's expectations while continuing to provide world-class products and services.

    "This is important recognition from Toyota, and it truly is an outstanding tribute to the dedicated people working at our facilities, as well as those of our suppliers," he said. "We look forward to continued success with Toyota in the future."

    Among the performance measures that enabled Johnson Controls and its affiliate to receive recognition from Toyota was meeting the automaker's highest standards for quality; supplier diversity; and overall excellence for work done during 2007, in supplying various automotive seating and interior products.

    "TEMA works closely with our North American suppliers in order to build our top quality vehicles; therefore, we take this opportunity to recognize outstanding performance of our top suppliers," stated Atsushi "Art" Kume, senior vice president of TEMA. "Suppliers' commitment to continuous improvement is key to achieving Toyota's long term focus on quality and value."

    Johnson Controls is the global leader that brings ingenuity to the places where people live, work and travel. By integrating technologies, products and services, we create smart environments that redefine the relationships between people and their surroundings. Our team of 140,000 employees creates a more comfortable, safe and sustainable world through our products and services for more than 200 million vehicles, 12 million homes and one million commercial buildings. Our commitment to sustainability drives our environmental stewardship, good corporate citizenship in our workplaces and communities, and the products and services we provide to customers. For additional information, please visit http://www.johnsoncontrols.com/.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070930/AQSU001LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Johnson Controls

    CONTACT: Debra Lacey of Johnson Controls, +1-734-254-5735

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

    Company News On-Call: http://www.prnewswire.com/comp/473547.html




    Test Signals Breakthrough to Speed Transfers of Large Files Over the InternetPeer-to-Peer Experiment Using Verizon's Broadband Network and Pando Networks Service Slashes Delivery Times, Relieves Network Traffic

    NEW YORK, March 14 /PRNewswire/ -- Large files can be moved over the Internet more quickly and efficiently using a new peer-to-peer (P2P) file transfer system, recent tests over the Verizon network show. The new P2P protocol guides the selection of file sources and network pathways rather than letting the selection happen randomly, or using criteria that don't maximize efficiency.

    P2P file transfers using distribution software that links content owners to authorized users is increasing, with companies like TV networks, movie distributors and software firms taking advantage of P2P as a low-cost distribution option.

    When deployed, the new system will move material authorized by the content owners -- such as movies, TV programs, software or large data bases -- faster for consumers and more efficiently for network operators. The new system and tests were described in a presentation Friday (March 14) in New York by Douglas Pasko, Verizon senior technologist and co-chair of the P4P Working Group, and co-chair Laird Popkin of Pando Networks. The group is sponsored the Distributed Computing Industry Association (DCIA). Yale University software experts worked on and monitored the project. Companies like Pando Networks and others provide content-sharing companies and customers with secure programs for their exchanges.

    The new system addresses a growing challenge to Internet service providers (ISPs) and network carriers as P2P networking becomes more and more common. Because many files transferred today using P2P are so massive, P2P sharing can account for well beyond half of total Internet traffic, according to industry estimates.

    No longer the dark-alley distribution system for unauthorized file sharing, advanced P2P delivery networks link content-seekers with licensed files they want and that are stored by other subscribed users rather than on servers maintained by content owners or ISPs. P2P is being mainstreamed by distributors like NBC Universal, which is beginning to distribute its NBC Direct programming by leveraging P2P technology and software provided by Pando Networks, rather than the traditional client-server approach.

    "The results of the testing have been phenomenal," said Pasko. "Customer and network benefits were seen as soon as the test began. This new system, which routes files along the fastest, least expensive path, offers our FiOS customers P2P downloads up to six times faster than networks without the overlay, the study showed. On average, download speeds using other Internet access technologies improve by about 60 percent."

    According to Pasko, the end result of the experiment and ultimate implementation could be "carrier-grade P2P," once focused routing and handling replace arbitrary delivery paths. The system could cut P2P network delivery costs for participating network companies by as much as 50 percent.

    "We are thrilled with these results and look forward to helping Verizon and other ISPs deploy the technology more broadly," said Popkin, who is chief technology officer of Pando Networks.

    The working group was set up within the DCIA to engage more industry players in the test and to share the results throughout the industry. The ultimate impact will be to relieve pressure on networks so that phone companies, cable companies, ISPs and content owners can limit or avoid system clogging of file delivery pathways.

    "It is becoming abundantly clear that P2P networking has enormous potential," said Marty Lafferty, the CEO of DCIA. "It will likely be the next networking wave in a consumer-led drive for more video and other content that will soon include massive high-definition (HD) files, complex multimedia offerings, and a greater number and selection of the traditional content downloads that support consumers, businesses, and government. It is up to the industry to ensure that the P2P services work for everyone and live up to the demands users of all kinds put on them."

    Pando's Popkin said, "The collaboration of various network and sharing companies through this effort indicates great promise for this distribution model because the more networkers who deploy it, the more the benefit accrues to the networks and the customers. There are more than 50 organizations engaged in the working group, and that kind of curiosity and engagement shows how aware the industry is of the need for efficiency and speed in P2P delivery."

    Today, using host server technology, most files are requested from servers owned by content owners or ISPs. The customer requests a file and it is downloaded directly to the customer. With P2P, the file delivery leverages user computers or other places where the files are stored and then draws the files -- or parts of them, simultaneously -- from the other users' computers to the requesting one.

    Traditionally, the P2P network has randomly selected where the file came from, ignorant of the physical location of the data and sometimes using a "brute force" approach to compensate for long-distance delivery delays. With the experimental software, developed by Yale University and Pando Networks, and using network data provided by Verizon, the network selects the sources that provide the least cost and fastest route for the delivery of the file to Verizon customers.

    "It makes no sense for a customer to arbitrarily download a file from Singapore, consuming bandwidth on high-cost, high-traffic routes like Pacific undersea cables, when the file is stored right down the street and can be accessed more quickly and cheaply," Pasko said.

    In a report to the DCIA on the trial, Pasko, Popkin and Haiyong Xie, a researcher from Yale University where the software design was created, said that the field test has clearly validated the value of P2P networks and ISPs working together to provide the most efficient, highest-quality service to their customers.

    According to Pasko and Popkin, this live, active network role is fundamental to an ultimate solution for P2P traffic-management that eventually would likely involve additional, complementary tools such as caching, and content acceleration, among others. Getting networks engaged in the solution is critical, they said.

    "This is a great example of an industry getting together and developing a solution to an industry problem," Pasko said.

    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: Jim Smith of Verizon, +1-908-559-3477,
    james.albert.smith@verizon.com

    Web site: http://www.verizon.com/
    http://www.verizon.com/news

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




    DuPont Increases First Quarter 2008 Earnings Outlook

    WILMINGTON, Del., March 14 /PRNewswire-FirstCall/ -- At a meeting with investors in New York City today, DuPont increased its earnings outlook for first quarter 2008 to a range of $1.14 to $1.19 per share, despite rising energy and ingredient costs and continuing weakness in U.S. automotive and housing markets. The company's previous outlook for the first quarter was a range of $1.12 to $1.17, which was provided on January 22. The company today also reaffirmed its full-year 2008 earnings outlook of $3.35 to $3.55 per share.

    The increase in the first quarter outlook primarily reflects strong global demand for the company's science-based production agricultural products, continued robust growth in emerging markets and productivity gains. These increases more than offset higher ingredient costs, which are expected to rise at nearly twice the rate of 2007, and lower product demand from the U.S. housing and automotive markets.

    At the investor meeting, the company presented details of its plan to accelerate growth in sales and earnings through 2010. Presentations by DuPont senior leaders are available at http://www.dupont.com/ in the Investor Center.

    DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

    Forward-Looking Statements: This news release contains forward-looking statements based on management's current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like "expects," "anticipates," "plans," "intends," "projects," "indicates," and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in documents filed with the Securities and Exchange Commission by DuPont, particularly its latest annual report on Form 10-K and quarterly report on Form 10-Q, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions, including inflation, interest and foreign currency exchange rates, of countries in which the company does business; competitive pressures; successful integration of structural changes, including restructuring plans, acquisitions, divestitures and alliances; cost of raw materials, research and development of new products, including regulatory approval and market acceptance; seasonality of sales of agricultural products; and severe weather events that cause business interruptions, including plant and power outages, or disruptions in supplier and customer operations.

    DuPont

    CONTACT: Anthony Farina of DuPont, Office, +1-302-774-4005, or Mobile,
    +1-302-545-0316, anthony.r.farina@usa.dupont.com

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




    Seven Summits Research Releases Alerts on GE, AMGN, TXN, PCP, and HANS

    CHICAGO, March 14 /PRNewswire/ -- Seven Summits Research issues PriceWatch Alerts for key stocks.

    Seven Summits Strategic Investments' PriceWatch Alerts are available at

    http://www.iotogo.com/s/031408A (Note: You may have to copy this link into your browser then press the [ENTER] key.)

    Today's PriceWatch Alerts cover the following stocks: General Electric Co. , Amgen Inc. , Texas Instruments Inc. , Precision Castparts Corp. , and Hansen Natural Corp. .

    Along with our PriceWatch Alerts, these brief reports contain a concise market overview, economic calendar and Dynamic Market Opportunities. PriceWatch Alerts include hedged trade ideas designed to potentially protect investors from unexpected market shifts. While other market reports only provide 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 PriceWatch Alerts go beyond other market reports. Along with a brief concise market overview, each PriceWatch Alert provides useful strategies, which ensure potential investments are protected with basic hedging techniques," says Reid Stratton, Seven Summits Senior Analyst. "This brief report contains information that can benefit expert and novice investors who want to stay ahead of the market."

    For essential information on stocks poised to move go to:

    http://www.iotogo.com/s/031408A for Seven Summits Strategic Investments' PriceWatch Alerts.

    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

    Georges Yared reveals: How to spot the next Google -- and the 7 Companies that already could be! FREE. Google changed the game when they put search, searcher and advertiser together. The journey from a $100 stock to a $700 was mapped in that one move. None of this was apparent at Google's IPO. But Google's founders were always very clear that they would change the game. In times like this ... you need stocks like that! I offer a systematic approach to pinpointing GameChanger stocks before they break out to become ten-baggers. I also show you how to avoid vulnerable incumbents. It's all described in a new report I've just completed called How to Spot the Next Google. This $79-value report is yours FREE and it comes with no strings, no obligations. Download it here.

    http://investorplace.com/order/?pc=9RP126

    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: Steve Blackbourniski of Seven Summits Investment Research,
    +1-434-293-9100

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




    UCN Completes Independent Investigation

    SALT LAKE CITY, March 14 /PRNewswire-FirstCall/ -- UCN, Inc., , the leading provider of on-demand applications for intelligent routing and agent improvement, announced today that the previously disclosed independent investigation is now complete. As a result, the Executive Vice President involved in the sales that were the subject of the investigation is no longer employed by UCN.

    Additionally, UCN has determined that a total of six accounts and their related revenue and results of operations will be reallocated from the inContact business segment to UCN's Telecom business segment for the reported periods ending December 31, 2006, and for the nine months ended September 30, 2007. The effects of the restatement are limited to the footnote disclosure of segment results and do not affect UCN's consolidated statements of operations, balance sheet, cash flows or stockholders' equity for the identified periods. For a comprehensive discussion of adjustments to previously reported segment results, please see the Form 8-K filed by UCN today with the Securities and Exchange Commission (SEC).

    "This event is over and, from a financial perspective, only impacted the allocation of telecom revenue between the inContact business segment and the Telecom business segment," stated UCN CEO Paul Jarman. "It had minimal impact on our inContact software as a service revenue and does not change our enthusiasm for the growth opportunities in our inContact software and services business. Having this event behind us, we are now devoting our full attention to increasing inContact services revenues."

    About UCN, Inc.

    UCN is the leading provider of software as a service (SaaS) applications for multi-site contact centers and distributed workforces. UCN's inContact(R) platform intelligently routes multi-media contacts to agents anywhere while improving management visibility, agent productivity and agent retention. UCN's patented software includes an enterprise-grade ACD with skills-based routing, IVR, speech recognition and CTI. Agent performance optimization features include customer experience surveys and agent scoring analysis, call monitoring, call recording, workforce scheduling and forecasting, hiring tools to reduce attrition, and targeted training delivered to the agent desktop. InContact's all-in-one, on-demand platform delivers rapid application development tools for IT control, no capex, Fortune 500-compliant security, and a 24/7/365 managed network with carrier-grade redundancy. To learn more about UCN, visit http://www.ucn.net/.

    Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the Company's behalf. All statements, other than statements of historical facts which address the Company's expectations of sources of capital or which express the Company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the Company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the Company, actual results may differ materially from the expectations expressed in the forward-looking statements. (For the complete statement, please click to: http://www.ucn.net/safeharbor.)

    UCN, Inc.

    CONTACT: Brian Moroney, CFO of UCN, Inc., +1-801-715-5270,
    brian.moroney@ucn.net; or Investors, Scott Liolios or Ron Both, both of
    Liolios Group Inc, +1-949-574-3860 info@liolios.com, for UCN, Inc.

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




    Siemens PLM Software Sponsored Race Teams Dominate NASCAR Race; Give Toyota First Sprint Cup Series WinJoe Gibbs Racing's Kyle Busch and Tony Stewart Finish 1-2Hendrick Motorsports' Dale Earnhardt Jr. and Jeff Gordon Finish Third and Fifth RespectivelyToyota is the First Foreign Car to Win a NASCAR Race Since 1954

    PLANO, Texas, March 14 /PRNewswire/ -- Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, today announced that Siemens PLM Software-sponsored Joe Gibbs Racing and Hendrick Motorsports - whose cars are developed with the help of Siemens PLM Software technology - dominated the NASCAR Sprint Cup Series Kobalt Tool 500 at Atlanta Motor Speedway.

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

    Joe Gibbs Racing's Kyle Busch, the current NASCAR Sprint Cup Series points leader, and teammate Tony Stewart, the 2005 and 2002 NASCAR Cup Champion, finished first and second. At 22, Busch became the youngest driver to win at Atlanta Motor Speedway. The win also gave Toyota its first NASCAR Sprint Cup Series race win and made it the first foreign car to win since 1954.

    Hendrick Motorsports' Dale Earnhardt Jr., the newest Hendrick Motorsports driver, and teammate Jeff Gordon, a four-time NASCAR Cup Champion, finished third and fifth respectively.

    "Siemens PLM Software congratulates the race teams for their dominant performance and Toyota for its historic first NASCAR Sprint Cup Series race win," said Dave Shirk, executive vice president of Global Marketing for Siemens PLM Software. "Siemens PLM Software is proud of our relationship with the racing teams and is pleased to know that our seamless, open solutions help the teams effectively work with their automotive original equipment manufacturers to put the best cars out on the race track to finish in the winners circle."

    A Tradition of Technology and Tracks

    Siemens PLM Software has a long tradition of providing NX(R) software, Siemens' comprehensive digital product development solution, and Teamcenter(R) software, Siemens' digital lifecycle management solution and the world's most widely used PLM portfolio, through racing sponsorships. Hendrick Motorsports, winner of the 1995, 1996, 1997, 1998, 2001, 2006 and 2007 NASCAR Sprint Cup Championship; Joe Gibbs Racing, winner of the 2000, 2002 and 2005 NASCAR Sprint Cup Championship; Roush Fenway Racing, winner of the 2003 and 2004 NASCAR Sprint Cup Championship; and Andretti Green Racing, winner of the 2004, 2005 and 2007 Indy Racing League(R) (IRL) IndyCar(R) Series Championship; have been using Siemens PLM Software for many years to help develop their cars and improve their performance on the race track. KB Racing, winner of the 2003, 2004, 2005 and 2006 National Hot Rod Association (NHRA) Pro Stock Championship, began using Siemens PLM Software technology in 2005, and the Renault F1 Team, winner of the 2005 Formula One Drivers and Constructors Championships, established a partnership in 2004 using Tecnomatix(R) software, Siemens PLM Software's best-in-class digital manufacturing solution.

    About Joe Gibbs Racing

    Joe Gibbs Racing (JGR) is one of the premier organizations in NASCAR, currently fielding three NASCAR Sprint Cup Series teams, two NASCAR Nationwide Series teams and a driver development program. Its driver lineup consists of Tony Stewart, Denny Hamlin and Kyle Busch in the Sprint Cup Series; Stewart, Hamlin and Busch in the Nationwide Series; and Joey Logano and Marc Davis in the NASCAR Camping World Series East. Based in Huntersville, N.C., and owned by Joe Gibbs - a three-time Super Bowl winner as head coach of the Washington Redskins and a member of the Pro Football Hall of Fame - JGR has competed in NASCAR since 1992, winning three Cup Series championships and 80 NASCAR races, including three Brickyard 400s and the 1993 Daytona 500.

    About Siemens PLM Software

    Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a leading global provider of product lifecycle management (PLM) software and services with 4.6 million licensed seats and 51,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software's open enterprise solutions enable a world where organizations and their partners collaborate through Global Innovation Networks to deliver world-class products and services. For more information on Siemens PLM Software products and services, visit http://www.siemens.com/plm.

    About the Siemens Industry Automation Division

    The Siemens Industry Automation Division (Nuremberg), a division of the Siemens Industry Sector, is a worldwide leader in the fields of automation systems, low-voltage switchgear and industrial software. Its portfolio ranges from standard products for the manufacturing and process industry to solutions for whole industries and systems that encompass the automation of entire automobile production facilities and chemical plants. As a leading software supplier, Industry Automation optimizes the entire value added chain of manufacturers - from product design and development to production, sales and a wide range of maintenance services.

    Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. NX, Teamcenter and Tecnomatix are trademarks or registered trademarks of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. Indy Racing League, IRL and IndyCar are trademarks or registered marks of Brickyard Trademarks Inc. or its subsidiaries in the United States and in other countries. NASCAR is a trademark or registered mark of National Association for Stock Car Auto Racing, Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.

    Siemens PLM Software

    CONTACT: Salim Rahimi, +1-972-987-3206, salim.rahimi@siemens.com, for
    Siemens PLM Software

    Web site: http://www.automation.siemens.com/




    EDS Names Nitin Khanna to Lead U.S. State and Local Government Non-Healthcare Sector

    HERNDON, Va., March 14 /PRNewswire-FirstCall/ -- EDS today announced it has appointed Nitin Khanna, chief executive officer of Saber Solutions, to lead EDS' non-healthcare U.S. state and local government business. In this position, Khanna will be responsible for managing EDS' state and local non-healthcare business operating under the entity of Saber Government Solutions, an EDS company.

    Khanna will focus on accelerating growth and strengthening relationships with EDS' state and local government clients in the U.S. and internationally in areas such as IT Outsourcing, Motor Vehicle Administration, Unemployment Insurance and Public Retirement programs, and Elections.

    Khanna came to EDS in November 2007, when the company acquired an approximate 93 percent equity interest in Saber Solutions. Prior to the acquisition, Khanna was CEO at Saber, a leading provider of software and services to U.S. state governments. Khanna will continue to be based in Portland, Oregon.

    Barbara Anderson, vice president, EDS Government Health and Human Services, will continue to lead the company's state and local government healthcare and welfare eligibility business.

    Khanna assumes the position previously held by Susan Arthur, who has been appointed to a new senior leadership position in EDS' healthcare industry.

    "Nitin brings many years of experience and expertise in state and local government business to EDS, which complements EDS' existing state and local government activities," said Dennis Stolkey, vice president and general manager of EDS U.S. Government and Public Sector. "The addition of Saber Government Solutions' leading applications portfolio to EDS' existing capabilities and global resources allows us to provide the industry's leading end-to-end solutions for state and local government clients."

    Khanna co-founded Saber Consulting in 1997. The company focuses exclusively on state and local government applications in targeted market segments including motor vehicle administration, unemployment insurance, pensions, human services and voter registration.

    Prior to Saber, Khanna was employed by Oracle Corp., where he held a number of senior technical positions in Consulting and Education.

    About EDS

    EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 45 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at http://www.eds.com/.

    CONTACT: Travis Jacobsen -- EDS 972.797.8751 travis.jacobsen@eds.com

    Electronic Data Systems Corporation

    CONTACT: Travis Jacobsen of EDS, +1-972-797-8751,
    travis.jacobsen@eds.com

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




    Perfect World Successfully Holds the First Stop of the 'Perfect Festival' Tour in Beijing

    BEIJING, March 14 /Xinhua-PRNewswire/ -- Beijing Perfect World Network Technology Co., Ltd. ("PW Network" or "the Company"), one of the leading integrated online game service providers in China, today announced that it successfully held the initial stop of the first players only "Perfect Festival" tour in the Feiyu Internet Cafe located in Weigongcun, Beijing on February 23, 2008. Perfect World's online game players, representatives of distributors and Holy Fire fairies all gathered together to enjoy the "Perfect Festival."

    After extensive preparation, the first stop of the "Perfect Festival" tour was in the player spotlight in the capital. At 3:00 p.m. that day, the event began with the arrival of the five Holy Fire fairies. Wubing, a famous player of the Company's "Legend of Martial Arts" game, and Mr. Shu Pingan, General Manager of Beijing IT Seafound Technology Co., Ltd, one of the largest distributors in Beijing, received the Holy Fire on behalf of players and distributors and delivered their speeches. They both expressed their pleasures in attending the festival and their confidence in PW Network's future performance. Moreover, they hoped that PW Network could promote domestically-developed online games to the world.

    After their speech, the event's interactive activities began. The Holy Fire fairies gave a splendid musical Cosplay performance followed by an opportunity for players to take photos with them. Afterwards, player representatives sang the theme songs of "Perfect World" and "Zhu Xian" by Shuimunianhua and Mr. Richie Jen respectively, raising the level of energy to a peak. The first stop of "Perfect Festival" tour ended with a live auction, where four limited edition virtual pets of the Company's games were enthusiastically welcomed by players. The "White Crane in Solitary Cloud," the limited edition virtual pet of "Zhu Xian," was the high bid of Zhuxian Bi 6,500.

    The first stop of the "Perfect Festival" tour concluded in an atmosphere of player laughter and enthusiasm. The tour will continue to five other cities in China in an effort to spread happiness all around the country.

    About Beijing Perfect World Network Technology Co., Ltd.

    Beijing Perfect World Network Technology Co., Ltd. ("PW Network" or "the Company") is a leading integrated online game service provider focused on developing, operating, marketing and servicing online games. The Company primarily focuses on developing high-quality interactive entertainment products and building a highly recognized brand name in China. With talented professionals, a strong management team, powerful technological capabilities and extensive marketing and operational experience, the Company is committed to continuously increasing its brand recognition, expanding overseas, and introducing Chinese interactive entertainment products to the world.

    Products

    All of the Company's products have been designed and developed with care, and a singular focus of providing players with an unparalleled online experience.

    PERFECT WORLD ( http://world2.wanmei.com/ )

    Perfect World is a 3D online adventure game that was created in a highly imaginative fantasy world.

    "Creating a world, enjoying it to the fullest!" PERFECT WORLD II ( http://w2i.wanmei.com/ )

    Perfect World II is a highly accessible international version based on the original Perfect World game. It allows players from different countries to simultaneously enjoy the charming and enchanting world of the Chinese online game.

    "Experience the feeling, and the world will be with you!" LEGEND OF MARTIAL ARTS ( http://wulin2.wanmei.com/ )

    In cooperation with a popular TV drama, Legend of Martial Arts is an innovative online 3D cartoon style knight-errant comedy game that was launched in 2006. The game was designed based on the same titled popular TV comedy and takes place in traditional Chinese setting.

    "Enjoying the unexpected!" ZHU XIAN ( http://zhuxian.wanmei.com/ )

    Zhu Xian is an online fantasy game that was launched in 2007 and is based on an extremely popular internet novel of the same name. The game allows players to experience a truly visionary world and has become one of the most popular fantasy-based online games in China.

    "Loves shake the heaven and Zhu Xian re-emerges!" CHI BI ( http://chibi.wanmei.com/ )

    One of the most followed war epic online game launched in January 2008. The game is based on the history of the Three Kingdoms in China and allows players to revisit with the famous "Burning Chi Bi." Co-promoting with "Red Cliff," the movie with the same name in Chinese, Chi Bi incorporates multi-element fighting systems and reignites the fire in the Three Kingdoms periods for online game players.

    Beijing Perfect World Network Technology Co., Ltd.

    CONTACT: Li Meng, +86-10-5885-8555 x1140, or lim@wanmei.com

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




    Sao Paulo's National Center for High Performance Computing, CENAPAD-SP, Leverages SGI Technology to Accelerate ResearchFour SGI Altix Systems and 25TB of SGI InfiniteStorage Will Result in Faster and Larger Calculations in Nanotechnology, Physics and Chemistry

    SUNNYVALE, Calif., March 14 /PRNewswire-FirstCall/ -- Today marks the inauguration of a major addition of SGI technology at the National Center for High Performance Computing - Sao Paulo (CENAPAD-SP). With this recent expansion, CENAPAD-SP is one of the largest SGI(R) Altix(R) computer installations -- and one of the largest HPC facilities -- in Brazil. Shipped in September, CENAPAD-SP, at the Universidad de Campinas (Unicamp), completed the installation of four new SGI(R) Altix(R) 450 systems and added 25TB to an existing 5TB SGI(R) InfiniteStorage system. The new and larger-capacity SGI systems join four SGI(R) Altix(R) 350 systems purchased two years ago, which have been in constant use on a large variety of physics and chemistry research by universities and state laboratories throughout Brazil.

    The overwhelming majority of projects are in materials science and physics; many are focused on nanotechnology computations, especially cutting-edge research on semiconductor nanostructures such as Si and Ge nanowires, metal nanowires such as Au and Cu, very thin nanowires and also carbon structures, such as C-60, carbon nanotubes and graphene nanoribbons. All of these have potential use as devices that could replace silicon in semiconductors.

    CENAPAD-SP is celebrating their substantial expansion with an inauguration event on March 14 that includes distinguished guests SGI Chief Technology Officer Dr. Eng Lim Goh, a representative from Brazil's Ministry of Science and Technology, the Vice Chancellor of Unicamp, the Chancellor of Research at Unicamp, the Secretary of the National System for HPC (SINAPAD) -- the consortium of Brazil's seven national computer centers to which CENAPAD-SP belongs -- and several directors of other SINAPAD centers.

    "This new Altix system will expand and improve the capabilities and the possibilities of research because the community that uses our center will be able to do faster calculations, longer calculations, and bigger calculations," said Edison Zacarias da Silva, Professor of Physics, Unicamp and Director, CENAPAD-SP. "We chose SGI Altix again because there are some jobs that absolutely require shared memory processing. We are very excited to start using this new system, which represents three or four times the capacity of our existing systems. We will continue our existing research but with faster time to insight, and with these added resources we will tackle new problems that we could not have attempted before."

    Physics projects make up 94 percent of the SGI systems' usage, followed by chemistry, and to a lesser extent engineering and biology research projects. The new SGI Altix 450 systems are expected to bring in more chemistry researchers because the leading chemistry application, Gaussian(R), has been installed by SGI at the center's request.

    CENAPAD-SP purchased four SGI Altix 450 systems with a total of 176 Intel(R) Itanium(R) 2 processors, an SGI(R) InfiniteStorage 220 system for disk-to-disk storage, an SGI(R) Altix(R) 120 system, and 25TB of additional storage for an existing SGI Infinite Storage TP9300 system.

    "The added computational power of the new SGI Altix 450 systems and increased storage capacity will provide a major boost to accelerate materials science and chemistry throughout Brazil," said Andre Gardinalli, Territory Sales Manager, SGI. "Our success in the educational market will continue to grow because SGI's shared memory processing enables scientists to greatly accelerate time to discovery."

    SGI - Innovation for Results(TM)

    SGI is a leader in high-performance computing. SGI delivers a complete range of high-performance server, visualization and storage solutions along with industry-leading professional services and support that enable its customers to overcome the challenges of complex data-intensive workflows and accelerate breakthrough discoveries, innovation and information transformation. SGI helps customers solve significant challenges whether it's enhancing the quality of life through drug research, designing and manufacturing safer and more efficient cars and airplanes, studying global climate change, providing technologies for homeland security and defense, or helping enterprises manage large data. With offices worldwide, the company is headquartered in Sunnyvale, Calif., and can be found on the Web at sgi.com.

    2008 SGI. All rights reserved. SGI, the SGI cube, the SGI logo and Altix are registered trademarks of SGI in the United States and/or other countries worldwide. All other trademarks mentioned herein are the property of their respective owners.

    SGI Media Contact: Marla Robinson, 256.773.2371, marlar@sgi.com.

    SGI

    CONTACT: Marla Robinson of SGI, +1-256-773-2371, marlar@sgi.com

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




    Scientific Games Racing Signs New Contracts with Nassau OTBWagering Systems Contracts Expected to Generate Revenue of $12 million

    NEW YORK, March 14 /PRNewswire-FirstCall/ -- Scientific Games announced that it signed two new contracts with Nassau Regional Off-Track Betting Corporation ("Nassau OTB"). The first replaces the existing totalisator services agreement for the provision of wagering systems hardware, software, service, wagering devices and a new digital Interactive Voice Response (IVR) telephone wagering system. The second provides for the implementation of a new Trackplay(TM) advanced deposit wagering (ADW) website. The two contracts have a term of six years and are expected to generate annual revenue of approximately $2 million.

    Under the new totalisator services agreement, Scientific Games will install BetJet(TM) terminals featuring the ClearBet(TM) user interface at Nassau OTB branches and will provide a new APT(TM) Player Tracking and Rewards System. The fully-integrated APT system will allow patrons to access information about their rewards accounts directly from BetJet terminals.

    The second contract provides a Trackplay(R) Internet wagering website to compliment the existing OTB-based and telephone/IVR ADW services and offer a full suite of ADW systems through which Nassau OTB will offer secure wagering at the OTB branches, and via telephone and internet. These services will be offered pursuant to all local and state regulatory requirements. Launch of the Internet wagering website http://www.nassauotb.com/, the new digital IVR and new APT Player Tracking and Rewards system will occur in the first half of 2008.

    "After decades of working with Nassau Regional OTB, it is very gratifying to extend our relationship to include the full spectrum of our ADW and value-added products," said Brooks Pierce, President of Scientific Games Racing. "We are very proud of this partnership and look forward to a long and healthy future with Nassau OTB."

    Dino Amoroso, President of Nassau OTB stated, "We are very excited about these upgrades in technology and equipment that will allow us to enhance our patrons wagering experience at virtually every touch point: at the branches, over the phone or over the Internet. NROTB has always strived to offer our customers the very best wagering experience while achieving operational efficiency and we believe that, with these new technologies from Scientific Games, NROTB will serve as the model for future full-service pari-mutuel wagering operations."

    About Scientific Games

    Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries worldwide, a leading supplier of server based gaming machines and systems, Amusement and Skill with Prize betting terminals, interactive sports betting terminals and systems, and wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut, Maine and the Netherlands and is a leading supplier of prepaid phone cards to telephone companies. Scientific Games' customers are in the United States and more than 60 other countries. For more information about Scientific Games, please visit our web site at http://www.scientificgames.com/.

    Company Contact: Investor Relations Scientific Games Corporation 212-754-2233 Forward-Looking Statements

    Certain statements in this press release which are not historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, including those relating to timing of contracts, renewals or other events, business plans and performance objectives, are based upon management's current expectations, assumptions and estimates and are not guarantees of future results or performance. Actual results may differ materially from those projected in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; material adverse changes in economic and industry conditions in our markets; technological change; protection of intellectual property; security and integrity of software and systems; laws and government regulation, including those relating to gaming licenses, permits and operations; seasonality; dependence on suppliers and manufacturers; factors associated with foreign operations; failure to retain, renew or perform on contracts; resolution of pending or future litigation; and other factors described from time to time in our filings with the SEC, including our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and except for our ongoing obligations under the U.S. federal securities laws, we undertake no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

    Scientific Games Corporation

    CONTACT: Investor Relations, Scientific Games Corporation,
    +1-212-754-2233

    Web site: http://www.scientificgames.com/
    http://www.nassauotb.com/

    Company News On-Call: http://www.prnewswire.com/comp/117695.html




    CounterPath Reports Third Quarter Fiscal 2008 Financial Results

    VANCOUVER, March 14 /PRNewswire-FirstCall/ -- CounterPath Corporation (OTCBB: COPA), a leading provider of desktop and mobile VoIP software products and solutions, today announced financial and operating results for the third quarter ended January 31, 2008.

    Recent financial and operating highlights include: - Record quarterly revenues of $2.6 million for the third quarter of fiscal 2008 compared to $1.0 million for the third quarter of fiscal 2007 and $2.4 million for the second quarter of fiscal 2008. - Acquisition of FirstHand Technologies Inc., an innovator in extending enterprise telephony features to smartphones and dual-mode handheld devices over WiFi and cellular networks. FirstHand's products are backed by eleven patents either pending or granted. The acquisition allows CounterPath to combine its suite of softphone and server applications with Fixed Mobile Convergence (FMC) solutions from FirstHand to deliver an integrated communications experience and empower workforces to go mobile. - Acquisition of BridgePort Networks, Inc., a leading innovator in Fixed Mobile Convergence (FMC) solutions for service providers. BridgePort's products, which include the NomadicONE(TM) Network Convergence Gateway (NCG) and NomadicONE IMS Convergence Server (ICS), are backed by eighteen patents either pending or granted. The addition of carrier-class FMC solutions to its VoIP softphone and enterprise offerings immediately broadens the Company's market reach.

    "The third quarter was a strategic one for CounterPath. Two acquisitions were completed in the quarter to position the Company as a serious player in the move worldwide to Fixed Mobile Convergence (FMC) services, while at the same time, we maintained our overall revenue growth," said Greg Pelling, Chief Executive Officer of CounterPath. "There is an increasing demand for innovative FMC solutions providing seamless connectivity between fixed and wireless telecommunications networks. Our extensive client base of world-class service providers and technology vendors require these solutions to deliver high-value services to small and medium enterprises and consumers. In other words, we can now provide a complete end to end solution with our softphone applications running on a personal computer and optimized to work in conjunction with a mobile phone, enabling end users to easily switch between the two devices. We are the only source for SIP softphone solutions which combine voice, text messaging, multimedia, video and presence-based consumer and enterprise applications for virtually any network - fixed or mobile. These acquisitions enable us to leverage our extensive customer base and support our growth plans for fiscal 2009," concluded Pelling.

    Financial Results - (Unaudited)

    (All amounts in U.S. dollars and in accordance with accounting principles generally accepted in the United States ("GAAP") unless otherwise specified. Consolidated financial results include the financial results of NewHeights Software Corporation from August 2, 2007 but do not include financial results for FirstHand Technologies Inc. and BridgePort Networks, Inc. both of which were acquired after the end of third quarter of fiscal 2008.)

    For the third quarter of fiscal 2008, revenue was $2.6 million compared to $1.0 million for the third quarter of fiscal 2007. Software revenue for the quarter was $1.7 million compared to $653,332 for the same period last year. Service revenue for the quarter was $935,934 compared to $354,250 for the third quarter of fiscal 2007.

    Operating expenses for the third quarter of fiscal 2008 were $4.9 million compared to $2.0 million for the third quarter of fiscal 2007. The increase in operating expenses was primarily due to the addition of cash and non-cash operating expenses related to the acquisition of NewHeights and employee growth in the Company. Operating expenses include a non-cash charge of $303,931 from amortization of intangible assets acquired from NewHeights and a non-cash $298,704 stock-based compensation expense. Sales and marketing expenses were $1.0 million for the third quarter of fiscal 2008 compared to $409,856 for the same period last year. For the current quarter, research and development expenses were $1.5 million and general and administrative expenses were $1.6 million, compared to $647,664 and $581,446, respectively, for the same period last year.

    The net loss for the third quarter of fiscal 2008 was $2.2 million, or $(0.02) per share, compared to a net loss of $1.3 million, or $(0.04) per share recorded for the third quarter of fiscal 2007.

    The Company closed the quarter with $3.1 million in cash, compared to $1.7 million at the end of the fiscal year on April 30, 2007. At the end of the third fiscal quarter of 2008, the Company's working capital was $4.3 million, compared to $1.9 million at the end of the fiscal year on April 30, 2007.

    About CounterPath

    CounterPath Corporation is a leading provider of innovative desktop and mobile VoIP software products and solutions. The Company's product suite includes SIP-based softphones, server applications and Fixed Mobile Convergence (FMC) solutions that enable service providers, enterprises and Original Equipment Manufacturers (OEM) to cost-effectively integrate voice, video, presence and Instant Messaging (IM) applications into their VoIP offerings and extend functionality across both fixed and mobile networks.

    CounterPath's customers include some of the world's largest telecommunications service providers and network equipment providers including AT&T, Verizon, BT (British Telecommunications PLC), Deutsche Telekom, Cisco Systems, Mitel and Nortel.

    Visit http://www.counterpath.com/. Forward-Looking Statements

    This news release contains "forward-looking statements". Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.

    It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: (1) the failure to successfully integrate the businesses of CounterPath, FirstHand Technologies Inc. ("FirstHand") and BridgePort Networks, Inc. ("BridgePort") (2) the failure to develop new and innovative products using the Company's and FirstHand's and BridgePort's technologies, (3) the Company's ability to remain competitive as other parties develop and release competitive products, (4) the Company's ability to retain the employees necessary to continue research and development of current and new products, (5) the success by the Company of the sales of its current and new products, (6) the impact of competitive products on the sales of the Company's products, (7) the impact of technology changes on the Company's products and on the VoIP industry, (8) the compatibility of the Company's products with new computer operating systems, (9) the rate of adoption by service providers and the general public of VoIP as a replacement for regular and cellular phone service, (10) general economic conditions as they affect CounterPath and its prospective customers, (11) the ability of the Company to control costs operating, general administrative and other expenses, and (12) insufficient investor interest in the Company's securities which may impact on the Company's ability to raise additional financing as required. Readers should also refer to the risk disclosures outlined in the Company's quarterly reports on Form 10-QSB, annual reports on Form 10-KSB and the Company's other disclosure documents filed from time-to-time with the Securities and Exchange Commission.

    (TABLES TO FOLLOW) COUNTERPATH CORPORATION (Formerly CounterPath Solutions, Inc.) INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (Stated in U.S. Dollars) January 31, April 30, 2008 2007 ------------ ------------ (Unaudited) Assets Current assets: Cash $ 3,079,584 $ 1,680,220 Accounts receivable (net of allowance for doubtful accounts of $197,922 and $56,817 respectively) 3,932,699 1,924,899 Prepaid expenses and deposits 546,613 129,534 ------------ ------------ Total current assets 7,558,896 3,734,653 Deposits 403,615 74,613 Equipment 388,437 276,599 Intangible assets (net of accumulated amortization of $599,162 and $nil) 5,533,770 - Investment tax credits recoverable 233,582 - Goodwill 6,727,744 - Other assets 129,494 25,716 ------------ ------------ Total Assets $20,975,538 $ 4,111,581 ------------ ------------ ------------ ------------ Liabilities and Stockholders' Equity (Capital Deficit) Current liabilities: Accounts payable and accrued liabilities $ 2,496,182 $ 1,314,083 Due to related parties 20,853 25,417 Unearned revenue 658,189 408,188 Customer deposits 23,351 5,615 Warranty payable 105,404 83,769 ------------ ------------ Total current liabilities 3,303,979 1,837,072 Convertible debentures - 3,369,230 Unrecognized tax benefit 332,157 - ------------ ------------ Total liabilities 3,636,136 5,206,302 Stockholders' equity (capital deficit): Preferred stock, $0.001 par value Authorized: 100,000,000 Issued and outstanding: January 31, 2008 - 1; April 30, 2007 - Nil - - Common stock, $0.001 par value Authorized: 415,384,500 Issued and outstanding: January 31, 2008 - 95,108,887; April 30, 2007 - 37,940,983 95,109 37,941 Additional paid-in capital 28,982,590 4,820,069 Accumulated deficit (12,823,439) (5,872,151) Accumulated other comprehensive income (loss) - currency translation adjustment 1,085,142 (80,580) ------------ ------------ Total stockholders' equity (capital deficit) 17,339,402 (1,094,721) ------------ ------------ Liabilities and Stockholders' Equity $20,975,538 $ 4,111,581 ------------ ------------ ------------ ------------ COUNTERPATH CORPORATION (Formerly CounterPath Solutions, Inc.) INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Stated in U.S. Dollars) (Unaudited) Three Months Ended Nine Months Ended January 31, January 31, --------------------------- --------------------------- 2008 2007 2008 2007 ------------- ------------- ------------- ------------- Revenue: Software $ 1,698,829 $ 653,332 $ 4,509,969 $ 3,339,116 Service 935,934 354,250 1,796,295 1,102,140 ------------- ------------- ------------- ------------- Total revenue 2,634,763 1,007,582 6,306,264 4,441,256 Operating expenses: Cost of sales (includes amortization of intangibles of $303,931 and $599,162) 771,178 337,009 1,833,707 1,135,221 Sales and marketing 1,016,758 409,856 2,583,761 1,164,793 Research and development 1,545,630 647,664 3,945,543 1,942,508 General and administrative 1,589,055 581,446 4,145,223 1,806,663 Restructuring cost - - 182,107 - ------------- ------------- ------------- ------------- Total operating expenses 4,922,621 1,975,975 12,690,341 6,049,185 ------------- ------------- ------------- ------------- Loss from operations (2,287,858) (968,393) (6,384,077) (1,607,929) Interest and other income (expense), net Interest income 87,707 17,485 136,786 38,087 Interest expense (1,258) (394,969) (689,810) (480,758) Loss on sale of assets - (1,169) - (9,237) Foreign exchange gain 4,709 - 58,226 - ------------- ------------- ------------- ------------- Net loss for the period $(2,196,700) $(1,347,046) $(6,878,875) $(2,059,837) ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Other comprehensive income: Foreign currency translation adjustments (522,573) (31,462) 1,165,722 (22,231) ------------- ------------- ------------- ------------- Comprehensive loss $(2,719,273) $(1,378,508) $(5,713,153) $(2,082,068) ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Net loss per share: Basic and diluted $ (0.02) $ (0.04) $ (0.09) $ (0.06) ------------- ------------- ------------- ------------- ------------- ------------- ------------- ------------- Weighted average common shares outstanding: 94,939,745 37,940,983 74,127,654 37,936,135

    CONTACT: Investor Contact: Gina DeBoutez, The Blueshirt Group, (415) 489-2184, gina@blueshirtgroup.com; Media Contact: Sarah Stover, Grey Vancouver, (604) 484-3274, pr@counterpath.com

    CounterPath Corporation

    CONTACT: Investor Contact: Gina DeBoutez, The Blueshirt Group, (415)
    489-2184, gina@blueshirtgroup.com; Media Contact: Sarah Stover, Grey
    Vancouver, (604) 484-3274, pr@counterpath.com




    Enliven Marketing Technologies Corporation Announces Fourth Quarter and Full-Year 2007 Financial Results

    NEW YORK, March 14 /PRNewswire-FirstCall/ -- Enliven Marketing Technologies Corporation , a leading Internet marketing technology company, today announced financial results for the fourth quarter and full-year ended December 31, 2007.

    Enliven reported total revenue of $7.1 million for the fourth quarter 2007, a 57 percent increase as compared to $4.5 million in the third quarter 2007 and a 65 percent increase as compared to $4.3 million in the fourth quarter 2006. Gross profit was $2.6 million for the fourth quarter of 2007, an increase of 7 percent compared to $2.4 million in the third quarter of 2007, and a decrease of 18 percent as compared to $3.1 million for the fourth quarter of 2006.

    Patrick Vogt, Chief Executive Officer, commented, "I am pleased with the revenue growth this past quarter, and I am proud of our progress in 2007. This includes enhancing and consolidating our creative offerings with the acquisition of Makos and Springbox, our international expansion into the European advertising market, and the launch of new technology products into the emerging markets of InGame Advertising, Rich Media Mobile, and 3D Ad Widgets. All of these developments will advance our market position and increase our ability to perform in 2008."

    Mr. Vogt continued, "Furthermore, in an effort to streamline our operations, we have made some one time investments that will help drive efficiencies, lower costs and improve our business operations. As we evolve our strategy and grow our revenue, we are simultaneously reducing our cost structure, and increasing our ability to invest in new technologies. Some of these costs are acquisition and integration related costs, operational process and system improvements, and the move to lower cost facilities. Naturally these one time costs have a negative impact on profitability in the short term, but this will have positive long term benefits for the company."

    Operating loss for the fourth quarter of 2007 was $2.7 million, compared to operating loss of $2.4 million in the third quarter of 2007 and operating loss of $1.1 million for the fourth quarter of 2006. Net loss for the fourth quarter of 2007 was $6.1 million or $(0.06) per share compared to a net loss of $0.3 million, or $(0.00) per share in the third quarter 2007 and a net loss of $0.6 million or $(0.01) per share, in the fourth quarter 2006.

    For the year ended December 31, 2007, the Company reported revenue of $18.7 million, an increase of 9 percent as compared to $17.2 million for 2006. Gross margin of $9.7 million for 2007 decreased 8 percent from $10.5 million in 2006. Enliven's adjusted operating loss for 2007 was $5.6 million compared to an adjusted operating loss of $5.5 million in 2006.

    The Company recorded a net loss for the twelve months ended December 31, 2007 of $13.5 million, or $(0.17) per share. This compares to a net loss for the twelve months ended December 31, 2006 of $19.7 million, or $(0.30) per share.

    Enliven's cash, cash equivalents, and marketable securities as of December 31, 2007 were $7.2 million. This can be compared to cash, cash equivalents, and marketable securities of $4.3 million as of December 31, 2006 and $3.3 million as of September 30, 2007.

    FINANCIAL INFORMATION

    Management prepares and is responsible for the Company's consolidated financial statements which are prepared in accordance with accounting principles generally accepted in the United States. The financial information contained in this press release, which is unaudited, is subject to revision and should not be considered final until the Company files its Annual Report on Form 10-K. At the present time, the Company has no reason to believe that there will be changes to the financial information contained herein.

    FINANCIAL MEASURES

    In addition to the results presented above in accordance with generally accepted accounting principles, or GAAP, the Company presents financial measures that are non-GAAP measures, specifically adjusted operating income. The Company believes that this non-GAAP measure, viewed in addition to and not in lieu of the Company's reported GAAP results, provides useful information to investors regarding its performance and overall results of operations. These metrics are an integral part of the Company's internal reporting to measure the performance of the Company and the overall effectiveness of senior management. Reconciliations to comparable GAAP measures are available in the accompanying schedules and on the Company's website. The financial measures presented are consistent with the Company's historical financial reporting practices. The non-GAAP measures presented herein may not be comparable to similarly titled measures presented by other companies, and are not identical to corresponding measures used in our various agreements or public filings.

    CONFERENCE CALL

    The Company will host a conference call on March 14, 2008 at 9 A.M. (Eastern Time) to discuss fourth quarter and full year 2007 financial results.

    The conference call will be available via the Internet in the Investor Relations section of Enliven's Web site at http://www.enliven.com/, as well as through Thomson/CCBN at http://www.earnings.com/. If you are not able to access the live Web cast, dial in information is as follows:

    Toll-Free Telephone Number: (800) 603-7883 International Telephone Number: (706) 643-1946 Pass code: 36918714

    Participants should call at least 10 minutes prior to the start of the call.

    A complete replay of the conference call will be available approximately two hours after the completion of the call by dialing (800) 642-1687 through Friday, March 21, 2008. Callers should enter the pass code above to access the recording.

    ABOUT ENLIVEN MARKETING TECHNOLOGIES

    Enliven Marketing Technologies Corporation (formerly Viewpoint Corporation) is a leading Internet Marketing Technology Company, offering Internet marketing and online advertising solutions through a powerful combination of proprietary visualization technology, and a Premium Rich Media advertising platform for the creation, delivery and reporting of PRM. Enliven's family of brands include Unicast, the Internet Marketing and Advertising Technology Group, and Springbox, the Creative Digital Marketing Solutions Group. The company's technology and online advertising solutions are leveraged by some of the world's most esteemed brands, including AOL, GE, Sony, and Toyota. More information can be found at http://www.enliven.com/. The company has approximately 140 employees with offices in New York, NY, Los Angeles, CA, Austin, TX and London, England.

    FORWARD LOOKING STATEMENTS

    This press release contains "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995 and similar expressions that reflect Enliven's current expectations about its future performance. These statements and expressions are subject to risks, uncertainties and other factors that could cause Enliven's actual performance to differ materially from those expressed in, or implied by, these statements and expressions. Such risks, uncertainties and factors include those described in Enliven's filings and reports on file with the Securities and Exchange Commission.

    Copyright (C) 2008 Enliven Marketing Technologies Corporation. All Rights Reserved. Enliven, Viewpoint, Unicast, and Springbox are trademarks or registered trademarks of Enliven Marketing Technologies Corporation.

    ENLIVEN MARKETING TECHNOLOGIES CORPORATION CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (Unaudited) Three Months Ended December 31, September 30, 2007 2006 2007 Revenue: Advertising Systems $4,271 $1,683 $2,004 Search 1,338 1,485 1,533 Services 1,455 1,040 954 Licenses - 66 19 Total revenue 7,064 4,274 4,510 Cost of revenue: Advertising Systems 2,993 538 1,350 Search 28 41 29 Services 1,492 571 747 Licenses - - 3 Total cost of revenue 4,513 1,150 2,129 Gross profit 2,551 3,124 2,381 Operating expenses: Sales and marketing 1,023 1,411 1,118 Research and development 759 781 892 General and administrative 2,405 1,779 2,301 Depreciation 297 129 147 Amortization of intangible assets 748 127 282 Total operating expenses 5,232 4,227 4,740 Loss from operations (2,681) (1,103) (2,359) Other income (expense): Interest and other income, net 84 68 68 Interest expense (201) (217) (202) Changes in fair values of warrants to purchase common stock and conversion feature of convertible notes (3,311) 666 2,254 Total other income (expense) (3,428) 517 2,120 Loss before provision for income taxes (6,109) (586) (239) Provision for income taxes 7 22 17 Net loss from continuing operations (6,116) (608) (256) Net Loss $(6,116) $(608) $(256) Basic and diluted net loss per common share $(0.06) $(0.01) $(0.00) Weighted average number of shares outstanding-basic and diluted 95,918 67,670 82,619 ENLIVEN MARKETING TECHNOLOGIES CORPORATION CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) (Unaudited) Year Ended December 31, 2007 2006 Revenue: Advertising Systems $8,811 $7,252 Search 6,082 6,307 Services 3,808 3,470 Licenses 30 148 Total revenue 18,731 17,177 Cost of revenue: Advertising Systems 5,708 4,176 Search 128 154 Services 3,229 2,337 Licenses 3 8 Total cost of revenue 9,068 6,675 Gross profit 9,663 10,502 Operating expenses: Sales and marketing 4,658 5,892 Research and development 3,265 3,919 General and administrative 9,291 8,466 Depreciation 672 466 Amortization of intangible assets 1,388 570 Restructuring charges - 92 Impairment of goodwill - 10,655 Total operating expenses 19,274 30,060 Loss from operations (9,611) (19,558) Other income (expense): Interest and other income, net 264 332 Interest expense (807) (926) Changes in fair values of warrants to purchase common stock (3,318) 515 Total other income (expense) (3,861) (79) Loss before provision for income taxes (13,472) (19,637) Provision for income taxes 52 78 Net Loss from continuing operations (13,524) (19,715) Adjustment to net loss on disposal of discontinued operations - - Net Loss $(13,524) $(19,715) Basic and diluted net loss per common share $(0.17) $(0.30) Weighted average number of shares outstanding-basic and diluted 80,779 66,610 ENLIVEN MARKETING TECHNOLOGIES CORPORATION CONSOLIDATED BALANCE SHEETS (in thousands, except per share amounts) (Unaudited) December 31, December 31, 2007 2006 Assets Current assets: Cash and cash equivalents $6,929 $4,154 Marketable securities 311 113 Accounts receivable, net 7,701 3,037 Prepaid expenses and other current assets 723 543 Total current assets 15,664 7,847 Restricted cash 417 190 Property and equipment, net 1,403 1,023 Goodwill 15,103 14,882 Intangible assets, net 9,553 3,689 Other assets 61 56 Total assets $42,201 $27,687 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 4,712 $ 1,660 Accrued expenses 345 401 Deferred revenue 234 70 Current portion of notes payable 488 389 Current portion of warrants 469 - Accrued incentive compensation 545 545 Current liabilities related to discontinued operations 231 231 Total current liabilities 7,024 3,296 Accrued expenses - Deferred Rent 271 232 Warrants to purchase common stock 8,464 467 Subordinate notes 2,616 2,456 Unicast notes 1,381 1,541 Springbox accrual 2,818 - Stockholders' equity Common stock 99 68 Paid-in capital 319,644 306,214 Treasury stock (1,015) (1,015) Accumulated other comprehensive loss 9 14 Accumulated deficit (299,110) (285,586) Total stockholders' equity 19,627 19,695 Total liabilities and stockholders' equity $42,201 $27,687 ENLIVEN MARKETING TECHNOLOGIES CORPORATION

    RECONCILIATION OF INCOME (LOSS) FROM OPERATIONS TO ADJUSTED OPERATING INCOME

    (LOSS) (in thousands, except per share amounts) (Unaudited) Three Months Ended December 31, September 30, 2007 2006 2007 Income (Loss) from Operations $(2,681) $(1,103) $(2,359) Plus: Stock based Compensation: COS-Ad Systems 4 10 5 COS - Services 18 21 10 Sales and marketing 89 101 90 Research and development 31 60 29 General and administrative 220 236 218 Depreciation 365 145 169 Amortization 776 155 310 Adjusted Operating Income (Loss) $(1,178) $(375) $(1,528) Twelve Months Ended December 31, 2007 2006 Income (Loss) from Operations $(9,611) $(19,558) Plus: Stock based Compensation: COS-Ad Systems 17 25 COS - Services 44 147 Sales and marketing 356 496 Research and development 114 321 General and administrative 1,164 1,055 Depreciation 815 559 Amortization 1,500 682 Restructuring charges - 92 Impairment of Goodwill - 10,655 Adjusted Operating Income (Loss) $(5,601) $(5,526) Contact: Investor Relations: 212-201-0800 ir@enliven.com

    Enliven Marketing Technologies Corporation

    CONTACT: Investor Relations: Enliven Marketing Technologies Corporation,
    +1-212-201-0800, ir@enliven.com

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




    TiVo to Present at the Citi Investment Research Small & Mid-Cap Conference

    ALVISO, Calif., March 14 /PRNewswire-FirstCall/ -- TiVo Inc. , the creator of and a leader in television services for digital video recorders (DVRs), today announced that it will present at the Citi Investment Research Small & Mid-Cap Conference on March 18. The webcast of the presentation will be available on the Investor Relations section of the TiVo website at http://investor.tivo.com/ under the events calendar tab.

    Conference Details: Citi Investment Research Small & Mid-Cap Conference Las Vegas, Nevada Tuesday, March 18, 2008 11:25AM PT Tom Rogers, CEO and President About TiVo Inc.

    Founded in 1997, TiVo pioneered a brand new category of products with the development of the first commercially available digital video recorder (DVR). Sold through leading consumer electronic retailers and our website, TiVo has developed a brand which resonates boldly with consumers as providing a superior television experience. Through agreements with leading satellite and cable providers, TiVo also integrates its DVR service features into the set-top boxes of mass distributors. TiVo's DVR functionality and ease of use, with such features as Season Pass(TM) recordings and WishList(R) searches and TiVo KidZone, have elevated its popularity among consumers and have created a whole new way for viewers to watch television. With a continued investment in its patented technologies, TiVo is revolutionizing the way consumers watch and access home entertainment. Rapidly becoming the focal point of the digital living room, TiVo's DVR is at the center of experiencing new forms of content on the TV, such as broadband delivered video, music and photos. With innovative features, such as TiVoToGo(TM) transfers and online scheduling, TiVo is expanding the notion of consumers experiencing "TiVo, TV your way.(R)" The TiVo(R) service is also at the forefront of providing innovative marketing solutions for the television industry, including a unique platform for advertisers and audience research measurement.

    TiVo, 'TiVo, TV your way.' Season Pass, WishList, TiVoToGo, Stop||Watch, and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. (C) 2008 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.

    TiVo Inc.

    CONTACT: Investor Relations, Derrick Nueman of TiVo Inc.,
    +1-408-519-9677, ir@tivo.com; or Media Relations, Michael Boccio,
    +1-212-446-1867, mboccio@sloanepr.com, for TiVo Inc.

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

    page 1     page 2    

    News archive of November 2009
    1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  28  29  30 



    News Archives of March 2008
    1   2   3   4   5   6   7   8   9   10   11   12   13   14   15   16   17   18   19   20   21   22   23   24   25   26   27   28   29   30   31  

    News Archives other dates
        2009:   Jan     Feb     Mar     Apr     May     Jun     Jul     Aug     Sep     Oct     Nov     Dec    
        2008:   Jan     Feb     Mar     Apr     May     Jun     Jul     Aug     Sep     Oct     Nov     Dec    
        2007:   Jan     Feb     Mar     Apr     May     Jun     Jul     Aug     Sep     Oct     Nov     Dec    
        2006:   Jan     Feb     Mar     Apr     May     Jun     Jul     Aug     Sep     Oct     Nov     Dec