Eagle Test Systems & Ismeca Semiconductor Partner to Provide Industry Leading Solutions & Service for Index Parallel Testing of Discrete Devices

BUFFALO GROVE, Ill. and LA CHAUX-DE-FONDS, Switzerland, March 17 /PRNewswire-FirstCall/ -- Today Eagle Test Systems, Inc. & Ismeca Europe Semiconductor SA announced their plans to partner together to provide integrated Final Test solutions for Index Parallel Testing of Discrete Devices. The partnership pairs Eagle Test's 200T(R)/FT Discrete Final Test Solution with Ismeca's NX-Series Index Parallel Handlers in a powerful combination to provide superior technical capability & service excellence to the Discrete Device Manufacturing Industry.

The partnership is focused to provide maximum benefit & value to customers faced with the specific challenge of Final Testing of Discrete Device. Eagle Test's 200T(R)/FT Series offers the industry's most complete Final Test Solution for Discrete Devices, with high speed test capability for dVSD, UIL, Rg, Cg, Qg, DC & QA parameters from a single tester. Ismeca's NX-Series Handlers offers high flexibility, the possibility to handle multiple processes on the same handler and superior throughput.

Together, the products provide unmatched throughput from two of the industry's high speed leaders. The companies are committed to work cooperatively in order to provide customers with incomparable service. Joint planning & logistics, as well as installation teams dedicated to delivering a functional test cell will enable customers to achieve the most rapid & efficient production ramp up.

"This partnership pairs the industry's most capable technical solutions, but also addresses the challenges associated with coordinating the activities of two essential, but normally separate, vendors needed to deliver an integrated and functional test cell on the customer's production floor in the fastest time possible," stated Len Foxman, CEO of Eagle Test Systems, "We look forward to bringing that value to the customer."

"This partnership was designed to address the true challenges the customer faces in this demanding market," commented Lorenzo Giarre, CEO of Ismeca Semiconductor. "It was absolutely essential to work cooperatively with each other to provide unsurpassed service along with our industry leading products. This collaboration will enable, for the first time in the industry, leading test and handling suppliers to develop integrated technologies."

About Eagle Test Systems, Inc.

Eagle Test designs, manufactures, sells and services high-performance automated test equipment for the semiconductor industry. The company's products are used to test analog, mixed-signal, radio frequency (RF) semiconductors & Discrete devices that are used in products such as digital cameras, MP3 players, automotive electronics, cellular telephones, computers and peripherals. The company was founded in 1976 and has offices located throughout the world in Asia, North America and Europe, with corporate headquarters in Buffalo Grove, Illinois. Please visit http://www.eagletest.com/ for more information.

About Ismeca Europe Semiconductor SA

For over 40 years, Ismeca specializes in the design, manufacturing, sales and support of high speed IC Finishing Equipment. The modular design offers the capability to integrate multiple processes such as testing, plunge to board, visual inspection such as 2D, 3D and PVI, trim and form, as well as laser marking with tray, tube, tape and reel or bulk input and output. Ismeca's product offerings are the NX16, and the NX32 turret based systems. Ismeca offers solutions for all surface mount devices along with bare and bumped dies. The company has support offices in Asia, North America and Europe, and manufacturing plants in Switzerland and Malaysia. The corporate headquarter is located in La Chaux-de-Fonds, Switzerland. Please visit http://ismeca-semiconductor.com/ for additional information.

Contact: Steve Hawrysz CFO of Eagle Test Systems, Inc. +1-847-327-1033

Eagle Test Systems, Inc.

CONTACT: Steve Hawrysz, CFO of Eagle Test Systems, Inc.,
+1-847-327-1033

Web site: http://www.eagletest.com/
http://ismeca-semiconductor.com/

EDS Ethics Program Recognized for Excellence- Think-tank ranks EDS as having one of the 'Best Overall Government Contractor Ethics Programs'

PLANO, Texas, March 17 /PRNewswire-FirstCall/ -- EDS has been recognized as having one of the "Best Overall Government Contractor Ethics Programs" by the Ethisphere Institute, a think-tank dedicated to the research and promotion of best practices in business ethics and compliance.

The ranking recognizes U.S. government contractors that have strong leadership in ethics and compliance, implement robust ethics controls and foster a culture valuing ethical behavior.

EDS is among seven elite companies out of more than 1,000 firms analyzed that received "excellent" program scores with a rating above 90 percent.

"Ethical behavior is a core value at EDS and we are honored to be recognized for our ethics and compliance program," said Chris Carlson, EDS' Ethics and Compliance Officer. "We are proud the culture at EDS recognizes the importance of doing business ethically and in compliance with the law."

Researchers from the Ethisphere Institute analyzed more than 1,000 U.S. federal government contractors as part of the 2008 ratings. The study took into account new Federal Acquisition Regulation (FAR) rules regarding U.S. government contractors' ethics programs, key Federal Sentencing Guidelines, "hallmarks" for effective compliance programs and industry best practices.

"Oftentimes, government contractors are portrayed in a negative light in the news because of a few bad apples' actions," said Alex Brigham, executive director of the Ethisphere Institute. "While there are some contractors to whom ethics means little, we have found that there are many more that rightfully pride themselves on their ethical business practices. They should be a shining example to others in the industry."

The institute's rankings are based on an objective analysis of code of ethics and business conduct, leadership and tone from senior management, internal control systems, and ethics training and communication programs.

The rankings are published in the March 15 issue of Ethisphere Magazine. About The Ethisphere Institute

The Ethisphere Institute, with the support of its keystone partners LexisNexis, the Practising Law Institute, Red Flag Group, the National Association of Corporate Directors, Trace International, the Global Reporting Initiative, Corpedia, and associated membership group, the Ethisphere Council, was founded in 2006. Dedicated to the research, creation, and sharing of best practices in business ethics, compliance, sustainability, and corporate governance and citizenship, the Council is comprised of over 200 institutions and corporations, including Deutsche Telekom, Time Warner, Avaya and Kraft. Ethisphere Magazine is the quarterly publication of the Institute, created to illuminate the important correlation between ethics and profits. The motto of the Institute is "Good. Smart. Business. Profit." and more information on membership can be found at http://www.ethisphere.com/.

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 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/
http://www.ethisphere.com/

/C O R R E C T I O N - PacificNet, Inc./

In the news release, "PACT Provides Market Update", issued earlier today by PacificNet, Inc. over Xinhua PR Newswire, we are advised by the company that the first point should read:

"1. As previously reported, PACT has issued 2,330,000 restricted shares of PACT in connection with its recent acquisition of Octavian. 1,200,000 shares have already been given to the Seller in connection with the acquisition and 30,000 shares are in the process of being delivered to the Seller. These are restricted shares of PACT and cannot be sold for at least six months pursuant to SEC Rule 144 requirements. The rest of the 1,100,000 restricted shares will be held in an escrow account and will be released in 2009 in accordance with the payment and earn-out schedule in the Sales and Purchase Agreement."

as opposed to what was originally issued inadvertently.

PacificNet, Inc.

CONTACT: PacificNet USA office, Jacob Lakhany, +1-605-229-6678, or
investor@pacificnet.com

Web Site: http://www.pacificnet.com/
http://www.octavianinternational.com/

Raven Industries Board Announces 18.2 Percent Increase in Quarterly Cash Dividend to $0.13 Cents; Marks 22nd-Consecutive Year of Higher Dividends

SIOUX FALLS, S.D., March 17 /PRNewswire-FirstCall/ -- Raven Industries, Inc. announced today that its board of directors approved an 18.2 percent increase in the company's regular quarterly cash dividend to $0.13 per share. The dividend is payable April 15, 2008, to shareholders of record on March 31, 2008. This is the company's 22nd-consecutive annual cash dividend increase. The board also increased its authorization under the company's stock repurchase plan from $2 million to $10 million.

"Raven continues to generate strong cash flows," said Ronald Moquist, president and chief executive officer. "We believe we can invest in our growing businesses while increasing cash returns to our shareholders."

The company reported earlier this month that net earnings per share for its just-completed fiscal year increased 10 percent, reaching $1.53.

About Raven Industries, Inc.

Raven is an industrial manufacturer that provides electronic precision- agriculture products, reinforced plastic sheeting, electronics manufacturing services and specialty aerostats and sewn products to niche markets.

On the Internet, information is available at the company's website, http://www.ravenind.com/.

Raven Industries, Inc.

CONTACT: Tom Iacarella, Chief Financial Officer of Raven Industries,
Inc., +1-605-336-2750; or General Inquiries, Leslie Loyet, +1-312-640-6672, or
Media Inquiries, Tim Grace, +1-312-640-6667, both of Financial Relations
Board, for Raven Industries, Inc.

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

Alliance Data Notifies Blackstone's Affiliates That They Are in Breach of Merger Agreement

DALLAS, March 17 /PRNewswire-FirstCall/ -- Alliance Data Systems Corporation , a leading provider of transaction-based loyalty and marketing services, today notified Aladdin Solutions, Inc. (f/k/a Aladdin Holdco, Inc.) and Aladdin Merger Sub, Inc., affiliates of The Blackstone Group, that they are in breach of the May 17, 2007 merger agreement providing for the acquisition of Alliance Data by Blackstone. Aladdin Solutions and Aladdin Merger Sub were formed by Blackstone for purposes of the acquisition. The notice demands that the Blackstone affiliates cure the breaches and consummate the transaction.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051024/ADSLOGO )

"Blackstone's affiliates are contractually obligated to use their reasonable best efforts to satisfy their respective obligations under the merger agreement and complete the transaction," said Robert A. Minicucci, chairman of the special committee of the board of directors of Alliance Data. "The terms of the agreement are very clear. Instead, Blackstone and its affiliates continue to refuse to meet reasonable and customary regulatory requirements as an excuse to avoid completing the transaction.

"By seeking to delay favorable resolution of these regulatory approvals, Blackstone and its affiliates are attempting to 'run out the clock' on the transaction. Although they appear to have developed a case of buyer's remorse, Blackstone and its affiliates are still required to comply with the terms of the agreement. We must assume that Blackstone's motivation is unrelated to conditions at Alliance Data, as the Company continues to deliver strong performance even in these challenging economic times," concluded Minicucci.

Alliance Data's notice specifies that Blackstone's affiliates have not satisfied their contractual obligations under the merger agreement to use reasonable best efforts to obtain the requisite regulatory approvals to complete the transaction. Blackstone and its affiliates have instead continued to prolong negotiations with the Office of the Comptroller of the Currency ("OCC") and the Federal Deposit Insurance Corporation ("FDIC"), refusing to accept reasonable and customary requirements relating to the provision of "source of strength" and other assurances in support of Alliance Data's banks.

One of the businesses Alliance Data owns is World Financial Network National Bank. The OCC has a longstanding policy requiring that parent companies of a bank agree to provide support to the bank, when necessary, to maintain the bank's minimum capital and liquidity levels in cases when the controlling owner of a national bank is an entity that is not a regulated bank holding company. Alliance Data has entered into such agreements. The FDIC articulated a similar position in early 2007 - prior to the execution of the merger agreement - with respect to non-bank holding companies that sought to control industrial loan companies, such as Alliance Data's World Financial Capital Bank.

On January 25, 2008 Blackstone notified Alliance Data that it believed the regulatory approval condition to completing the transaction would not be satisfied and later confirmed that they did not intend to pursue the matter further with the OCC. In response, Alliance Data filed suit in the Delaware Court of Chancery on January 30, 2008, seeking to cause the Blackstone entities to perform their obligations under the merger agreement. Thereafter, in court filings, correspondence with federal regulators and public statements, Blackstone and its affiliates acknowledged their contractual obligations and committed to work to consummate the acquisition of the Company, including working with Alliance Data on proposals to resolve the regulatory issues. Based on these assurances, on February 8, 2008, Alliance Data withdrew without prejudice its litigation.

Although Alliance Data disagreed with the overall approach taken by Blackstone in the discussions with the OCC and FDIC as well as with certain positions taken by Blackstone in those discussions, Alliance Data has worked cooperatively and in good faith with Blackstone to try to resolve the OCC- and FDIC-related regulatory issues that Blackstone has said are impediments to completing the merger.

Although it has no obligation to resolve regulatory matters that Blackstone and its affiliates claim are roadblocks to completing the deal, in a good faith attempt to resolve the purported issues, and to facilitate the completion of the transaction, Alliance Data proposed to recommend a reduced price to Alliance Data's stockholders to provide approximately $465 million in credit support to satisfy the banking regulators. Blackstone rejected the proposal and suggested that Alliance Data's stockholders provide additional concessions and subsidies.

Alliance Data continues to work to consummate the transaction and demands that the Blackstone affiliates honor their existing legal commitments and obligations under the merger agreement.

About Alliance Data

Alliance Data is a leading provider of marketing, loyalty and transaction services, managing over 120 million consumer relationships for some of North America's most recognizable companies. Using transaction-rich data, Alliance Data creates and manages customized solutions that change consumer behavior and that enable its clients to create and enhance customer loyalty to build stronger, mutually beneficial relationships with their customers. Headquartered in Dallas, Alliance Data employs over 9,000 associates at more than 60 locations worldwide. Alliance Data's brands include AIR MILES(R), North America's premier coalition loyalty program, and Epsilon(R), a leading provider of multi-channel, data-driven technologies and marketing services. For more information about the Company, visit its website, http://www.alliancedata.com/.

Alliance Data's Safe Harbor Statement/Forward-Looking Statements

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements may use words such as "anticipate," "believe," "estimate," "expect," "intend," "predict," "project" and similar expressions as they relate to us or our management. When we make forward-looking statements, we are basing them on our management's beliefs and assumptions, using information currently available to us. Although we believe that the expectations reflected in the forward-looking statements are reasonable, these forward-looking statements are subject to risks, uncertainties and assumptions, including those discussed in our filings with the Securities and Exchange Commission.

If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may vary materially from what we projected. Any forward-looking statements contained in this presentation reflect our current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. These risks, uncertainties and assumptions include those made with respect to and any developments related to the proposed merger with an affiliate of The Blackstone Group, including the risk that conditions to closing, including the condition relating to regulatory approvals, may not be satisfied and that the proposed merger may not be consummated, as well as risks and uncertainties arising from actions that the respective parties to the merger agreement may take in connection therewith or in connection with the matters set forth in this release. The Company cannot provide any assurance that the conditions to closing the transaction will be satisfied or that the proposed merger will be completed. We have no intention, and disclaim any obligation, to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this presentation regarding Alliance Data Systems Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the company's Annual Report on Form 10-K for the most recently ended fiscal year. Risk factors may be updated in Item 1A in each of the Company's Quarterly Reports on Form 10-Q for each quarterly period subsequent to the Company's most recent Form 10-K.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20051024/ADSLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Alliance Data Systems Corporation

CONTACT: Investors-Analysts, Julie Prozeller of Financial Dynamics,
+1-212-850-5721, alliancedata@fd.com; Media, Shelley Whiddon of Alliance Data,
+1-972-348-4310, Shelley.whiddon@alliancedata.com

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

Overstock.com Comments on 2007 SEC Form 10-K

SALT LAKE CITY, March 17 /PRNewswire-FirstCall/ -- Overstock.com, Inc. today filed its Form 10-K for the year ended December 31, 2007. This release explains the differences between the 2007 financial results as reported in the company's Form 10-K filed today and the preliminary unaudited 2007 financial results the company previously issued by press release and Current Report on Form 8-K on January 30, 2008.

As discussed in its January 30, 2008 earnings release, the company has historically recorded revenue based on ship date. In response to accounting comments from the staff of the SEC, the company has retrospectively changed its policy to recognize revenue based on estimated delivery date. As reported in the January 30, 2008 earnings release, the company recorded the cumulative effect of this change in the fourth quarter of 2007. Since the January 30, 2008 earnings release, the company has increased its estimate of revenue to be deferred for shipments in-transit at December 31, 2007 from $5.0 million to $13.7 million, and increased the reduction in related gross profit and net income from $800,000 to $2.1 million. In the future, the reversing revenue deferral from one period will be offset by the revenue deferral for shipments in transit in the following period. That is to say, $13.7 million of revenue that under the company's previous policy would have been considered Q4 2007 revenue will (under this new policy) be shifted into Q1 2008. However, the company expects that a roughly similar amount that (under the previous policy) would be counted in the tail end of Q1 2008 will now be shifted into Q2 2008, and so on and so forth. Therefore, the company believes that the net effect of this deferral on revenue, gross profit and net income will be less significant in future periods than the cumulative adjustment in 2007. The increase in deferred revenue reduced the company's fiscal 2007 revenue from $768.8 million as reported in the company's January 30, 2008 earnings release to $760.2 million as reported in the company's Form 10-K filed today. In addition, the related $1.3 million reduction in gross profit was offset by $400,000 of miscellaneous reductions in operating expenses. These two changes combined increased the company's net loss for the fiscal year 2007 from the previously reported $44.1 million, or $(1.86) per share, to $45.0 million, or ($1.90) per share.

Full details of the adjustment to revenue see Item 15 of Part IV, "Financial Statements" -- Note 2 -- "Summary of Significant Accounting Policies" -- "Revenue Recognition" in Form 10-K for the year ended December 31, 2007 that the company filed today with the SEC.

About Overstock.com

Overstock.com, Inc. is an online "closeout" retailer offering discount, brand-name merchandise for sale over the Internet. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory liquidation distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ Global Market System and can be found online at http://www.overstock.com/.

Overstock.com(R) is a registered trademark of Overstock.com, Inc.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, statements regarding the offset of reversing revenue deferral from one period by the revenue deferral for shipments in transit for the following period and the belief that the net effect of this deferral on revenue, gross profit and net income will be less significant in future periods than the cumulative adjustment in 2007. Our Form 10-K for the year ended December 31, 2007, our subsequent quarterly reports on Form 10-Q, and our other subsequent filings with the Securities and Exchange Commission identify important factors that could cause our actual results to differ materially from those contained in our projections, estimates or forward-looking statements.

Overstock.com, Inc.

CONTACT: Media, Kirstie Burden, +1-801-947-3172, kburden@overstock.com,
or investors, Kevin Moon, +1-801-947-3282, kmoon@overstock.com, both of
Overstock.com, Inc.

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

AT&T Congratulates Driver Jeff Burton on Dramatic Victory in Food City 500 Cup Series Race at Bristol Motor SpeedwayBurton Leads Richard Childress Racing Teammates as They Take Top Three Spots at Bristol Motor Speedway

SAN ANTONIO, March 17 /PRNewswire-FirstCall/ -- AT&T Inc. , proud sponsor of the No. 31 AT&T Chevrolet in motorsports' elite-level stock-car racing circuit, would like to congratulate driver Jeff Burton and its partners at Richard Childress Racing (RCR) on a spectacular victory in Sunday's Food City 500 Cup Series race at Bristol Motor Speedway. After finishing second at Bristol in a dramatic finish last spring, Burton's win Sunday marks the first victory this season for the No. 31 AT&T team, as well as the third consecutive top-10 finish. RCR teammates Kevin Harvick (second) and Clint Bowyer (third) rounded out the top three.

"We are thrilled for Jeff, RCR and the entire No. 31 AT&T Chevrolet team on a fantastic win at Bristol Motor Speedway," said Tim McGhee, director of National Sponsorships for AT&T. "The dedication and commitment that AT&T has given to NASCAR is mirrored by the dedication and commitment that the No. 31 team has for winning. We are proud to be associated with such a great team."

"Man, this was an amazing win for the team," said Burton post-race. "Everyone really pulled together in the end to pull this one off. I am really honored to be a part of this group, as well as to be representing AT&T and its employees who have backed us from Day One. My hat goes off to them and all of my teammates at RCR for an awesome job."

Burton captured the lead from Denny Hamlin after a restart that extended the race six additional laps beyond the posted 500. This was Burton's 20th career Cup victory and his first at Bristol.

This year marks AT&T's seventh season as the primary sponsor for the No. 31 Richard Childress Racing Chevrolet and fourth year with Burton behind the wheel of the Cup car. In 2007, Burton helped deliver another successful season for AT&T Racing, highlighted by a win at Texas, nine top-five finishes, 18 top-10 finishes and a spot in the season-ending Chase for the Cup. Burton finished the year in eighth place in the point standings, marking the seventh time in his 15-year career that he finished in the top-10 in the championship standings.

For more information online, visit http://www.att.com/racing. About AT&T

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

(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T and the AT&T logo are trademarks of AT&T Intellectual Property.

Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.

AT&T Inc.

CONTACT: Lauren Butler of AT&T, +1-404-236-6152, lbutler@attnews.us

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

Strong Q1 Sales and Profit Results Reported by Megadata Corporation

GREENWICH, Conn., March 17 /PRNewswire-FirstCall/ -- Megadata Corporation (BULLETIN BOARD: MDTA) announced a net profit of $152,000 or $.03 per diluted share in the first quarter ended January 31, 2008, compared to a net profit of $54,000 or $.01 per diluted share in the same quarter of fiscal 2007. Total revenues for first quarter 2008 were up approximately 31% to $1,706,000, compared to $1,302,000 in the same quarter of the previous fiscal year. Subscription sales for the first quarter were up approximately 36% to $1,590,000, compared to $1,167,000 in the same quarter of fiscal 2007.

"These results plus our continuing infrastructure investments are critical components to a solid 2008," said Jim Barry, Megadata's President and CEO. "Our mission is to be the most trusted source for aviation collaborative solutions, landing fee management, and commercial air traffic solutions and we continue to work to develop new products and enhancements to existing products to better serve our existing and potential new customers."

"Once again we've had another good quarter and I'm particularly pleased with the company's continued focus on building infrastructure which we expect will continue to drive profitable growth," said G.S. Beckwith Gilbert, Megadata's Chairman of the Board.

About Megadata

Megadata owns and operates a unique database of flight information with proprietary decision-making software, primarily powered by a growing international network of passive radars (PASSURs) located at more than 85 airports world-wide, including 33 of the top 35 U.S. airports - from which it provides PASSUR information, analytics, and decision support tools to improve the financial condition and operational efficiency of aviation organizations. Megadata offers unique user-friendly information as well as decision algorithms which provide innovative commercial air traffic solutions to more than 50 airports, including 8 of the top 10 U.S. airports; to dozens of airlines, including 7 of the top 10 U.S. airlines; and to more than 180 corporate aviation customers, as well as to the U.S. Government. In addition, the company has created and implemented collaborative web-based software that allows the company's customers to instantly share information to improve individual and joint decision-making, creating additional value for those customers.

Visit Megadata's web site at http://www.passur.com/ for updated products, solutions and PASSUR news.

The forward-looking statements in this shareholder letter relating to management's expectations and beliefs are based on preliminary information and management assumptions. Such forward-looking statements are subject to a wide range of risks and uncertainties that could cause results to differ in material respects, including those related to customer needs, budgetary constraints, competitive pressures, the success of airline trials, the profitable use of the Company's owned PASSURs located at major airports, the Company's maintenance of above average quality of its product and services, as well as potential regulatory changes. Further information regarding factors that could affect the Company's results is contained in the Company's SEC filings, including the October 31, 2007 Form 10-K and January 31, 2008 10-Q.

Contact: James T. Barry President & CEO (203) 622-4086 jimbarry@passur.com

Megadata Corporation

CONTACT: James T. Barry, President & CEO of Megadata Corporation,
+1-203-622-4086, jimbarry@passur.com

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

McClatchy Reports February 2008 Revenues

SACRAMENTO, Calif., March 17 /PRNewswire-FirstCall/ -- The McClatchy Company today reported that consolidated revenues in February 2008 decreased 11.7% and advertising revenues were down 13.3% compared to revenues in February 2007.

Pat Talamantes, McClatchy's chief financial officer, said, "We continue to see a majority of the decline in advertising revenue from newspapers in California and Florida, two states severely affected by the real estate downturn. We are heartened by the strong growth in online advertising, up 15.9% in February, as we continue to focus on our interactive operations."

Advertising revenue performance at the company's newspapers is summarized in McClatchy's statistical report that follows.

About McClatchy

The McClatchy Company is the third largest newspaper company in the United States, with 30 daily newspapers, approximately 50 non-dailies, and direct marketing and direct mail operations. McClatchy also operates leading local websites in each of its markets which extend its audience reach. The websites offer users information, comprehensive news, advertising, e-commerce and other services. Together with its newspapers and direct marketing products, these interactive operations make McClatchy the leading local media company in each of its premium high growth markets. McClatchy-owned newspapers include The Miami Herald, The Sacramento Bee, The Fort Worth Star-Telegram, The Kansas City Star, The Charlotte Observer, and The (Raleigh) News & Observer.

McClatchy also has a portfolio of premium digital assets. The company owns and operates McClatchy Interactive, an interactive operation that provides websites with content, publishing tools and software development. McClatchy owns 14.4% of CareerBuilder, the nation's largest online job site, and owns 25.6% of Classified Ventures, a newspaper industry partnership that offers two of the nation's premier classified websites: the auto website, cars.com, and the rental site, apartments.com. McClatchy is listed on the New York Stock Exchange under the symbol MNI.

Additional Information:

Statements in this press release regarding future financial and operating results, including revenues, operating expenses, cash flows, debt levels, as well as future opportunities for the company and any other statements about management's future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," estimates and similar expressions) should also be considered to be forward-looking statements. There are a number of important risks and uncertainties that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: the duration and depth of an economic recession in markets where McClatchy operates its newspapers may reduce its income and cash flow greater than expected; McClatchy may not consummate contemplated transactions which may enable debt reduction on anticipated terms or at all; McClatchy may not achieve its expense reduction targets or may do harm to its operations in attempting to achieve such targets; McClatchy's operations have been, and will likely continue to be, adversely affected by competition, including competition from internet publishing and advertising platforms; McClatchy's expense and income levels could be adversely affected by changes in the cost of newsprint and McClatchy's operations could be negatively affected by any deterioration in its labor relations, as well as the other risks detailed from time to time in the Company's publicly filed documents, including the Company's Annual Report on Form 10-K for the year ended December 30, 2007, filed with the U.S. Securities and Exchange Commission. McClatchy disclaims any intention and assumes no obligation to update the forward-looking information contained in this release.

***The McClatchy Company*** Consolidated Statistical Report (In thousands, except for preprints) February Combined Revenues - Net: 2008 2007 % Change Advertising Retail $62,603 $64,049 -2.3% National 12,462 14,280 -12.7% Classified Total 44,510 59,501 -25.2% Automotive 11,279 13,402 -15.8% Real Estate 11,558 17,963 -35.7% Employment 14,378 21,545 -33.3% Other 7,295 6,591 10.7% Direct Marketing 10,399 12,080 -13.9% Other Advertising 138 101 36.6% Total Advertising $130,112 $150,011 -13.3% Circulation 21,009 22,314 -5.8% Other 5,461 4,912 11.2% Total Revenues $156,582 $177,237 -11.7% Advertising Revenues by Market: California $23,200 $28,850 -19.6% Florida 20,541 25,788 -20.3% Texas 14,239 15,464 -7.9% Southeast 37,935 42,008 -9.7% Midwest 19,632 21,237 -7.6% Northwest 14,494 16,203 -10.5% Other 71 461 -84.6% Total Advertising $130,112 $150,011 -13.3% February Print Only Revenues - Net: 2008 2007 % Change Advertising Retail $59,150 $62,048 -4.7% National 11,017 13,776 -20.0% Classified Total 34,029 48,740 -30.2% Automotive 8,677 11,568 -25.0% Real Estate 10,204 16,731 -39.0% Employment 8,535 14,290 -40.3% Other 6,613 6,151 7.5% Direct Marketing 10,399 12,080 -13.9% Other Advertising 139 102 36.3% Total Advertising $114,734 $136,746 -16.1% Advertising Revenues by Market: California $20,838 $26,818 -22.3% Florida 17,881 23,808 -24.9% Texas 12,935 14,401 -10.2% Southeast 33,283 37,618 -11.5% Midwest 17,062 19,173 -11.0% Northwest 12,735 14,543 -12.4% Other 0 385 -100.0% Total Advertising $114,734 $136,746 -16.1% Advertising Statistics for Dailies: Full Run ROP Linage 2,175.8 2,468.7 -11.9% Millions of Preprints Distributed 508.9 535.2 -4.9% Average Paid Circulation:* Daily 2,737.8 2,846.5 -3.8% Sunday 3,345.8 3,482.1 -3.9% * Reflects average paid circulation based upon number of days in period. Does not reflect ABC reported figures. February Online Only Revenues - Net: 2008 2007 % Change Advertising Retail $3,453 $2,001 72.6% National 1,445 504 186.7% Classified Total 10,480 10,760 -2.6% Automotive 2,602 1,834 41.9% Real Estate 1,354 1,232 9.9% Employment 5,843 7,255 -19.5% Other 681 439 55.1% Direct Marketing Other Advertising Total Advertising $15,378 $13,265 15.9% Advertising Revenues by Market: California $2,361 $2,032 16.2% Florida 2,661 1,980 34.4% Texas 1,305 1,063 22.8% Southeast 4,650 4,391 5.9% Midwest 2,571 2,063 24.6% Northwest 1,759 1,660 6.0% Other 71 76 -6.6% Total Advertising $15,378 $13,265 15.9% ***The McClatchy Company*** Consolidated Statistical Report (In thousands, except for preprints) February Year-to-Date Combined Revenues - Net: 2008 2007 % Change Advertising Retail $130,171 $137,663 -5.4% National 26,351 31,745 -17.0% Classified Total 96,229 128,003 -24.8% Automotive 23,756 28,294 -16.0% Real Estate 24,421 37,646 -35.1% Employment 32,546 47,493 -31.5% Other 15,506 14,570 6.4% Direct Marketing 22,626 25,038 -9.6% Other Advertising 274 223 22.9% Total Advertising $275,651 $322,672 -14.6% Circulation 46,795 49,750 -5.9% Other 10,966 11,511 -4.7% Total Revenues $333,412 $383,933 -13.2% Advertising Revenues by Market: California $49,537 $62,905 -21.3% Florida 42,831 57,170 -25.1% Texas 30,231 32,358 -6.6% Southeast 80,029 89,359 -10.4% Midwest 41,503 44,604 -7.0% Northwest 31,310 35,294 -11.3% Other 210 982 -78.6% Total Advertising $275,651 $322,672 -14.6% February Year-to-Date Print Only Revenues - Net: 2008 2007 % Change Advertising Retail $124,012 $133,745 -7.3% National 23,958 30,835 -22.3% Classified Total 74,628 105,165 -29.0% Automotive 18,625 24,550 -24.1% Real Estate 21,751 35,138 -38.1% Employment 20,164 31,901 -36.8% Other 14,088 13,576 3.8% Direct Marketing 22,626 25,038 -9.6% Other Advertising 273 223 22.4% Total Advertising $245,497 $295,006 -16.8% Advertising Revenues by Market: California $44,734 $58,484 -23.5% Florida 38,586 53,083 -27.3% Texas 27,489 30,237 -9.1% Southeast 70,378 80,334 -12.4% Midwest 36,807 40,281 -8.6% Northwest 27,503 31,721 -13.3% Other 0 866 -100.0% Total Advertising $245,497 $295,006 -16.8% Advertising Statistics for Dailies: Full Run ROP Linage 4,645.0 5,291.2 -12.2% Millions of Preprints Distributed 1,053.3 1,114.6 -5.5% Average Paid Circulation:* Daily 2,719.1 2,821.9 -3.6% Sunday 3,329.1 3,471.5 -4.1% * Reflects average paid circulation based upon number of days in period. Does not reflect ABC reported figures. February Year-to-Date Online Only Revenues - Net: 2008 2007 % Change Advertising Retail $6,159 $3,918 57.2% National 2,394 910 163.1% Classified Total 21,601 22,838 -5.4% Automotive 5,131 3,745 37.0% Real Estate 2,670 2,508 6.5% Employment 12,381 15,593 -20.6% Other 1,419 992 43.0% Direct Marketing Other Advertising Total Advertising $30,154 $27,666 9.0% Circulation Other Total Revenues Advertising Revenues by Market: California $4,803 $4,421 8.6% Florida 4,245 4,087 3.9% Texas 2,742 2,121 29.3% Southeast 9,651 9,024 6.9% Midwest 4,696 4,323 8.6% Northwest 3,807 3,573 6.5% Other 210 117 79.5% Total Advertising $30,154 $27,666 9.0%

The McClatchy Company

CONTACT: Elaine Lintecum of The McClatchy Company, +1-916-321-1846,
elintecum@mcclatchy.com

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

SAIC Named to List of Best Overall Government Contractor Ethics ProgramsCompany Recognized by Ethisphere Institute for Ethics Program Initiatives

SAN DIEGO and MCLEAN, Va., March 17 /PRNewswire-FirstCall/ -- Science Applications International Corporation has been ranked number seven on a list of the top 100 government contractors with the best overall ethics programs. The list was published by the Ethisphere Institute and is available at http://www.ethisphere.com/.

Researchers from the Ethisphere Institute analyzed more than 1,000 federal government contractors as part of the 2008 rankings. The Institute scored companies based on their ethics programs, which were reviewed through an online questionnaire and information provided by the companies. Quality assurance of responses was verified through random audit and review.

The Institute's rankings were based on an objective analysis of four categories: code of ethics and business conduct; leadership and tone from the top; internal control systems; and ethics training and communication programs. The rankings also take into account recent Federal Acquisition Regulation rules regarding U.S. government contractors' ethics programs and key Federal Sentencing Guidelines for effective ethics and compliance programs.

"We are honored to receive this recognition for one of the top ethics programs in the industry," said Ken Dahlberg, SAIC chairman and chief executive officer. "It also challenges us to continue to seek new ways both to measure and sustain the ethical culture that is the foundation for the SAIC way of doing business."

About SAIC

SAIC is a leading provider of scientific, engineering, systems integration and technical services and solutions to all branches of the U.S. military, agencies of the Department of Defense, the intelligence community, the U.S. Department of Homeland Security and other U.S. Government civil agencies, as well as to customers in selected commercial markets. With approximately 44,000 employees in more than 150 cities worldwide, SAIC engineers and scientists solve complex technical challenges requiring innovative solutions for customers' mission-critical functions. SAIC had annual revenues of $8.3 billion for its fiscal year ended January 31, 2007.

SAIC: FROM SCIENCE TO SOLUTIONS(R)

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

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

SAIC

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

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

Joanne Townsend Joins Zebra Technologies as Vice President of Human ResourcesExperienced technology executive to focus on supporting growth through human resources programs.

VERNON HILLS, Ill., March 17 /PRNewswire-FirstCall/ -- Zebra Technologies Corporation , a global leader in specialty printing and automatic identification solutions, today announced that Joanne Townsend has joined the company as vice president of human resources. She reports to Anders Gustafsson, chief executive officer.

"The growth of our business through international expansion and acquisition demands increasing sophistication and strategic leadership in our human resources activities," said Mr. Gustafsson. "Joanne's extensive experience in recruitment, performance management, succession planning, executive coaching and more will help Zebra achieve its strategic goals. She has proven her ability to address the evolving human resource needs of high-growth technology businesses, and is an outstanding addition to our management team."

Before joining Zebra, Ms. Townsend, age 54, was vice president of human resources for Andrew Wireless Solutions, a Commscope company and provider of cellular base station products and other networking equipment. From 1979 to 2007, she held positions of increasing responsibility at Motorola Corp., where her experience included serving as director of human resources for various business units in Asia and the United States. In her final position at Motorola, she was responsible for resource planning, talent development and organizational development for four global organizations with approximately $9 billion in revenues. Ms. Townsend holds a bachelor's degree in human resources management from DePaul University, Chicago.

"I'm delighted to join Zebra at this pivotal point in its history," Ms. Townsend said. "I believe I can make a significant contribution to the company's growth through programs that bring in the right people, foster the career development of current employees, and enable the whole team to succeed. This is a great company and I'm looking forward to being part of its success."

Zebra Technologies Corporation helps companies identify, track and manage assets, transactions and people with on-demand specialty digital printing and automatic identification solutions. In more than 100 countries around the world, more than 90 percent of Fortune 500 companies use innovative and reliable Zebra printers, supplies, RFID products and software to increase productivity, improve quality, lower costs, and deliver better customer service. Information about Zebra and Zebra-brand products can be found at http://www.zebra.com/.

CONTACT: Investors: Media: Douglas A. Fox, CFA Michelle Meek Vice President, Outlook Marketing Services Investor Relations +1 312 873 3424 +1 847 793 6735 michelle@outlookmarketingsrv.com dfox@zebra.com

Zebra Technologies Corporation

CONTACT: Investors, Douglas A. Fox, CFA, Vice President, Investor
Relations, Zebra Technologies Corporation, +1-847-793-6735, dfox@zebra.com; or
Media, Michelle Meek of Outlook Marketing Services, +1-312-873-3424,
michelle@outlookmarketingsrv.com, for Zebra Technologies Corporation

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

Celebrate Express, Inc. Names Harold Egler as Vice President, Marketing

KIRKLAND, Wash., March 17 /PRNewswire-FirstCall/ -- Celebrate Express, Inc. , a leading online and catalog retailer of celebration products for families, today announced that Harold Egler has joined the Company as Vice President, Marketing. Mr. Egler has the responsibility for the Company's marketing operations, including its online and catalog marketing programs, catalog circulation, brand development and public relations.

"We are thrilled that Harry has joined Celebrate Express," said Kevin Green, President and CEO of Celebrate Express. "We anticipate that Harry's analytical skills and his experience in developing and leading successful marketing strategies in some excellent organizations will contribute greatly toward our efforts to grow and improve our business," said Mr. Green.

Mr. Egler has over 30 years of experience in key marketing and strategic planning roles at online, ecommerce and catalog companies serving consumers and businesses. From 2002 to 2007, Mr. Egler served as Global Vice President, Customer Intelligence, for Getty Images. Prior to joining Getty Images, Mr. Egler served Eddie Bauer (1994-2002), most recently as Divisional Vice President, Strategic Planning, and Lands End (1991-1994) as Senior Circulation Manager.

Mr. Egler holds a Bachelors of Arts in Advertising (School of Journalism) from the Pennsylvania State University.

About Celebrate Express, Inc.

Celebrate Express is a leading online and catalog retailer of celebration products serving families with young children. The Company currently operates two brands: Birthday Express markets children's party products, and Costume Express markets costumes and accessories. The Company utilizes its branded website Celebrateexpress.com, complemented by its branded catalogs, to offer products as complete coordinated solutions. The Company's goal is to help families celebrate the special moments in their lives. For more information, please visit http://www.celebrateexpress.com/.

CONTACT: Celebrate Express, Inc. Evelyn Mackey (Investor Relations) 425-250-1064 x186 Invest@celebrateexpress.com

Celebrate Express, Inc.

CONTACT: Evelyn Mackey, Investor Relations of Celebrate Express, Inc.,
+1-425-250-1064, ext. 186, Invest@celebrateexpress.com

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

Majesco Entertainment Company Announces First Quarter Fiscal 2008 Financial Results- Continued Execution of Strategic Plan Drives Financial Performance -- Net Sales Improve 29% to $18.7 Million; Net Income Reaches $2.7 Million -

EDISON, N.J., March 17 /PRNewswire-FirstCall/ -- Majesco Entertainment Company Inc. , an innovative provider of video games for the mass market, today reported financial results for the fiscal first quarter ended January 31, 2008.

Jesse Sutton, Chief Executive Officer of Majesco Entertainment, said, "We delivered an exceptional quarter across all financial metrics as we continued to execute our plan. Our performance was driven by our focus on the casual gaming market and the steps we have taken to improve our financial position and operating model over the past year. Further, we benefited from a strong domestic sales performance, driven by sales of our Cooking Mama games, which delivered a revenue increase of 47 percent versus the same period last year. In the quarter, total revenue increased 29 percent to $18.7 million compared to the same period in 2007, gross margins were 40.2 percent, and we reported net income of $2.7 million, or $0.10 per share, which includes a $0.8 million benefit from adjustments to warrants and our litigation accrual. This performance demonstrates the potential of our business model.

"Our strategy is working and we are executing on our business plan," continued Sutton. "We expect to continue to benefit from the improvements we have made in our operations throughout the rest of the year. Our new studio is open and is developing its first title, Our House for DS, which complements the previously announced Wii version and helps build our portfolio of intellectual property. We are focused on expanding the number of titles we publish and strengthening our retail distribution. Our management team remains committed to a disciplined financial approach, improving our profitability and driving increased value for shareholders over the long- term."

Generally Accepted Accounting Principles (GAAP) and Non-GAAP Metrics

To facilitate a comparison between the three months ended January 31, 2008 and 2007, the Company has presented both GAAP and non-GAAP financial results. GAAP financial measures, including gain on settlement of litigation and related charges net, change in fair value of warrants, operating income, net income, and basic and diluted earnings/loss per share, have been adjusted to report non-GAAP financial measures that exclude these charges and income related to gains on these settlements and warrants. These non-GAAP measures are provided to enhance investors' overall understanding of the Company's current financial performance and the Company's prospects for the future. These measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to GAAP results.

In the fiscal year ended October 31, 2007, the Company recorded a $2.8 million charge in connection with the expected settlement of class action litigation. The charge was comprised of $2.5 million, representing the fair value, on the date the agreement was executed, of the common stock expected to be distributed when the settlement becomes effective and $0.3 million representing the increase in the value of the shares since that date.

The Company will adjust the fair value of the liability to the fair value of the shares expected to be distributed at each balance sheet date and record the resulting change as a non-cash charge, or gain, to earnings in each period until the shares are distributed. Due to fluctuations in the Company's stock price, this resulted in a non-cash gain of $0.3 million during the quarter ended January 31, 2008. The settlement provides that if the fair value of the stock falls below $2.5 million, the Company will issue additional shares, subject to certain limitations, with a fair market value equal to the amount of the decrease. Therefore, the liability will not be adjusted below $2.5 million.

During the fourth quarter of 2007, the Company raised $5.9 million in an equity financing. As part of that transaction, the Company issued warrants that contain a provision that under certain circumstances in which the Company is sold, merged, or otherwise enters into a "fundamental transaction", as defined in the warrant agreement, with a company that is not publicly traded, the warrants may be settled by a cash payment. As a result the warrants were recorded as a liability at their fair value of $2.1 million, in accordance with FASB statement No. 150, Accounting For Certain Financial Instruments with Characteristics of Both Liabilities and Equity, and FASB Staff position 150-1 Issuers Accounting for Freestanding Financial Instruments Composed of More Than One Option or Forward Contract Embodying Obligations under FASB Statement 150. In addition, the Company will measure the fair value of the warrants at each balance sheet date, and record the change in fair value as a non cash charge or gain to earnings each period. The warrants were valued at $1.0 million at January 31, 2008. A reduction in the Company's stock price since October 31, 2007 resulted in a non-cash gain of $0.5 million during the quarter ended January 31, 2008.

Comparison of Three Months Ended January 31, 2008 to January 31, 2007 -- Net revenue was $18.7 million in 2008, compared to $14.5 million in 2007. The increase was primarily attributable to the strong performance of our Cooking Mama games, including the introduction of Cooking Mama 2: Dinner with Friends for the DS. -- Net revenue for the first quarter of 2008 was comprised of 22 percent from sales of games for console systems, including 20 percent contributed from the Wii. Seventy-seven percent of net sales were from games for handheld systems virtually all of which came from games for DS. This compares to the first quarter of 2007 when 10 percent of revenue was contributed from games for console systems and 63 percent from handheld systems, including 51 percent from games developed for DS. -- In the first quarter of 2008, 99 percent of revenue came from Domestic sales with 1 percent from International. This compares to the first quarter of 2007 when 86 percent of revenue came from Domestic sales with 14 percent from International. The change in revenue mix was primarily driven by a strong Domestic sales performance, which recorded a revenue increase of 47 percent, and lower International sales as a result of several international releases shifting from the first quarter to the second quarter of 2008. -- Gross margin was 40.2 percent, compared to 31.1 percent in 2007, reflecting the higher margins attributable to Wii games and Cooking Mama 2, which was at a premium price point. Additionally, the Company benefited from a larger mix of Domestic sales in the quarter, which historically have had a higher margin than our International sales. Last year's margin was unfavorably impacted by the sale of low margin Dance Dance Revolution (DDR) product, which the Company no longer produces. -- The GAAP operating income was $2.4 million, which included a $0.3 million non-cash gain related to the settlement of class action litigation, compared to 2007 operating loss of $0.2 million. Non-GAAP 2008 operating income was $2.1 million, compared to a non-GAAP operating loss of $0.2 million in 2007. -- GAAP net income was $2.7 million, or $0.10 per share, which included a $0.3 million non-cash gain related to the settlement of class action litigation as well as a $0.5 million non-cash gain in the fair value of warrants issued, compared to 2007 net loss of $0.9 million, or $0.04 per share. Non-GAAP net income was $1.9 million, or $0.07 per share, compared to a non-GAAP net loss of $1.0 million, or $0.04 per share in 2007. -- Interest expense and financing costs decreased 73.3 percent in 2008 to $0.2 million from $0.7 million in 2007, as the Company benefited from the additional capital and negotiating better terms with its financing sources. -- At January 31, 2008, the company had cash and cash equivalents of $8.2 million. Announced Product Line-up First Quarter 2008 ending January 31, 2008:

All of the following titles were released in North America during the Company's first quarter:

-- Cooking Mama 2: Dinner with Friends for DS is the sequel to the award- winning original that includes 80 all-new recipes, extensive customization and a tasting mode with friends. -- Left Brain Right Brain for DS is the only brain game that promotes ambidexterity through a series of mini-games that requires players to flip the DS and play with both their dominant and non-dominant hands. -- Furu Furu Park for Wii is a collection of 30 mini-games, including arcade classics like Arkanoid and Bubble Bobble, that all take advantage of the range of motion possible via Wii Remote(TM) play. -- Mega Brain Boost for DS offers exceptional value by including three full brain games designed to improve memory and concentration on one cartridge. Second Quarter 2008 ending April 30, 2008:

All of the following titles have, or are expected to be released in North America during the Company's second quarter:

-- Pet Pals: Animals Doctor for DS invites players to step into the challenging world of veterinary medicine by diagnosing and treating 30 different medical cases created by real vets. -- Blokus Portable: Steambot Championship for the PSP(R) (PlayStation(R)Portable), is based on the world-renowned Blokus board game and blends its award-winning strategic gameplay with the anime characters from the Steambot Chronicles series. -- Eco-Creatures: Save The Forest for DS is a real-time strategy game in which players must control units of woodland creatures through a unique environmental adventure. An Eco-Creatures playable demo is currently being featured through May in 10,000 Nintendo DS kiosks located at retailers nationwide. -- Nanostray 2 for DS is the sequel to the very first 3D shooter available on DS and delivers thrilling non-stop shooting action combined with stunning graphics. -- Wild Earth: African Safari for Wii is a first person safari adventure that challenges players to capture award-winning photos of the continent's exotic wild life. -- Toy Shop for the DS puts players at the helm of a struggling toy shop where they'll need to create fun toys that sell, while managing store inventory, customers and budget. Fiscal 2008

To date, the Company has announced the following titles that are expected for release during the rest of fiscal 2008:

-- Blast Works: Build, Trade & Destroy for Wii, is an innovative interpretation of a geometric shooter that lets players build their own personalized game experiences and then share their creations with friends via WiiConnect24. -- Wonderworld Amusement Park for Wii brings to life a fully 3D world of boardwalk games, rides and prizes across multiple themed areas that players can explore with personalized avatars. -- Cake Mania 2 for DS is the sequel to the best-selling DS game based on Sandlot Games' award-winning downloadable title. Players will lead Jill through more than 200 different levels of baking and frosting madness with an all-new customer base, exotic locations, kitchen upgrades and multiple endings. -- Nancy Drew: The Mystery of the Clue Bender Society for DS is the follow up to The Deadly Secret of Olde World Park and offers mystery buffs and Nancy Drew fans a fresh interactive caper with a wealth of new features. -- Cooking Mama: World Kitchen for Wii is the sequel to the best-selling Cooking Mama Cook Off game for Wii that has sold more than 380,000 units and challenges players to use the Wii remote as the ultimate cooking utensil. -- Babysitting Mania for DS is based on the hit PC simulation from Gogii Games and challenges players to manage unruly kids, lists of chores and out-of-control houses without losing their cool. First Quarter 2009 ending January 31, 2009:

To date, the Company has announced the following titles that are expected for release during the fiscal first quarter of 2009:

-- Major Minor's Majestic March for Wii marks the return of the creative team behind the renowned PaRappa the Rapper franchise-legendary game designer and multimedia musician Masaya Matsuura and famed New York artist Rodney Alan Greenblat. The game turns the Wii Remote into a "special" baton the bandleader Major Minor uses to keep tempo, recruit new band members and pick up valuable items, while marching through eight whimsical locations that contain various hair-raising events. -- We will continue to support the best-selling casual game from Sandlot Games by publishing Cake Mania for Wii. The game will integrate motion- based control with the series' signature cake-baking gameplay. -- Our House for Wii turns the Wii Remote into the ultimate creation tool that lets players design, build and decorate their own personalized trophy home, and then share it with friends in an online neighborhood via WiiConnect24. -- Our House for DS is the first game from Majesco Studios Santa Monica. This companion game to the Wii version turns the DS stylus into the ultimate creation tool. Players will work as contractors and then use their work-for-hire earnings to design, build and decorate their own personalized trophy home. Fiscal 2008 Outlook

The Company reconfirmed its outlook for fiscal 2008 full year net revenue to be in the range of $53 million to $58 million. The Company expects 59 percent of its net revenue to be from handheld titles, with virtually all titles for DS, and 41 percent from console titles, with 40 percent from titles for Wii. In 2007, 64 percent of its net revenue was from handheld titles, with 56 percent from titles for DS, while 30 percent was from console titles and 20 percent from Wii titles. The Company also expects that its mix of International revenues for the year will approximate previous years and be in the neighborhood of 15 to 20 percent. In 2008, excluding Majesco Studios, cash fixed costs, which include general and administrative, product research, and the fixed portion of sales and marketing costs, are expected to be similar to 2007 in the range of $12 to $14 million. The Company expects 2008 gross margins to show continued modest expansion, improving over the 33.9 percent reported in 2007. The Company's guidance assumes the release of approximately 28 titles in 2008 with approximately 11 Wii, 15 DS titles and 2 other. This compares to 19 titles in 2007, comprised of 2 Wii, 13 DS and 4 other. The Company's results are impacted by seasonality from the December holiday period and variability based on release schedules.

Conference Call

At 4:30 PM ET today, management will host an earnings conference call. To access the call in the U.S., please dial 1-877-317-6701 and international callers please dial 1-412-317-6701. The access code for the call is 4881586. Please dial in approximately 10 minutes prior to the start of the conference call. The conference call will also be broadcast live over the Internet and available for replay for 90 days from the "Investor Relations" section of the company's Web site at http://www.majescoentertainment.com/. In addition, a replay of the call will be available via telephone for two business days, beginning two hours after the call. To listen to the telephone replay in the U.S., please dial 1-877-344-7529 and for international callers, dial 1-412-317-0088. Enter access code 4881586.

About Majesco Entertainment Company

Majesco Entertainment Company is a provider of video games for the mass market. Building on 20 years of operating history, the company is focused on developing and publishing a wide range of casual and family oriented video games on leading console and portable systems. Product highlights include Nancy Drew(TM), Cooking Mama(TM) and Zoo Hospital(TM) for Nintendo DS(TM) and Cooking Mama: Cook Off for the Wii(TM) system. The company's shares are traded on the Nasdaq Stock Market under the symbol: COOL. Majesco is headquartered in Edison, NJ and has an international office in Bristol, UK. More information about Majesco can be found online at http://www.majescoentertainment.com/.

Use of Non-GAAP Financial Information

To supplement the Company's unaudited condensed consolidated financial statements presented in accordance with GAAP, Majesco Entertainment uses certain non-GAAP measures of financial performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP, and may be different from non-GAAP financial measures used by other companies. In addition, these non-GAAP measures have limitations in that they do not reflect all of the amounts associated with the Company's results of operations as determined in accordance with GAAP. The non-GAAP financial measures used by Majesco include: non-GAAP gain on settlement of liabilities and other gains, non-GAAP settlement of litigation and related charges net, non-GAAP change in fair value of warrants, non-GAAP operating income (loss), non-GAAP net income (loss), and non-GAAP basic and diluted earnings (loss) per share. These non- GAAP financial measures exclude the following items from the Company's unaudited condensed consolidated statements of operations:

-- Settlement charges related to the settlement of class action litigation -- Change in fair value of warrants -- Gains on settlement of liabilities and other gains

For more information on these non-GAAP financial measures, please see the tables in this release captioned "Reconciliation of GAAP and non-GAAP Financial Measures" which includes a reconciliation of the non-GAAP to the GAAP results.

Safe Harbor

Some statements set forth in this release, including the estimates under the headings "Outlook" contain forward-looking statements that are subject to change. Statements including words such as "anticipate", "believe", "estimate" or "expect" and statements in the future tense are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual events or actual future results to differ materially from the expectations set forth in the forward-looking statements. Some of the factors which could cause our results to differ materially from our expectations include the following: consumer demand for our products, the availability of an adequate supply of, current-generation and next-generation gaming hardware, including but not limited to Nintendo's DS and Wii(TM) platforms; our ability to predict consumer preferences among competing hardware platforms; consumer spending trends; the seasonal and cyclical nature of the interactive game segment; timely development and release of our products; competition in the interactive entertainment industry; developments in the law regarding protection of our products; our ability to secure licenses to valuable entertainment properties on favorable terms; our ability to manage expenses; our ability to attract and retain key personnel; adoption of new accounting regulations and standards; adverse changes in the securities markets; our ability to comply with continued listing requirements of the Nasdaq stock exchange; the availability of and costs associated with sources of liquidity; final resolution of the class action and other litigation on terms acceptable to the company, and other factors described in our filings with the SEC, including our Annual Report on Form 10-K for the year ended October 31, 2007. We do not undertake, and specifically disclaim any obligation, to release publicly the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

MAJESCO ENTERTAINMENT COMPANY UNAUDITED SUPPLEMENTARY PRODUCT DATA (Dollar Amounts in US$ Thousands) Net Revenue By Platform - Yearly FY08 FY07 FY06 Estimate* Actual Actual CONSOLE: Wii 39.8% 19.6% 0.0% PS2 0.8% 6.8% 18.7% Xbox 0.6% 3.2% 15.7% 41.1% 29.7% 34.4% HANDHELD: DS 58.1% 55.5% 24.4% GBA 0.0% 5.6% 28.0% PSP 0.8% 3.0% 3.4% 58.9% 64.1% 55.8% OTHER 0.0% 6.2% 9.8% TOTAL 100.0% 100.0% 100.0% * Note: Company estimate as of March 17, 2008 Net Revenue by Platform - Quarterly Three Months Ended Three Months Ended January 31, 2008 January 31, 2007 Net Sales % Net Sales % Console: Wii $3,704 19.8% $- 0.0% PS2 440 2.4% 1,373 9.5% XBOX / 360 9 0.0% 95 0.7% 4,153 22.3% 1,468 10.1% 22.3% 10.1% Handheld: DS 14,220 76.2% 7,319 50.5% GBA 29 0.2% 1,465 10.1% PSP 53 0.3% 340 2.3% 14,302 76.6% 9,124 62.9% 76.6% 62.9% Other 209 1.1% 3,903 26.9% 1.1% 26.9% Total $18,664 100.0% $14,495 100.0% MAJESCO ENTERTAINMENT 2007-2009 RELEASE SCHEDULE* 2007 GAMES Quarter 1 Brain Boost Beta Wave DS, $19.99 Brain Boost Gamma Wave DS, $19.99 F-24 Stealth Fighter GBA, $19.99 Monster Bomber DS, $19.99 Quarter 2 Cooking Mama: Cook Off Wii, $49.99 Cake Mania DS, $19.99 ToonDoku DS, $19.99 Bust-A-Move Bash! Wii, $39.99 F-24 Stealth Fighter DS, $19.99 Quarter 3 The New York Times Crosswords DS, $29.99 Quarter 4 Kengo: Legend of the 9 Xbox 360, $39.99 Holly Hobbie & Friends DS, $29.99 Nancy Drew DS, $29.99 Fish Tycoon DS, $19.99 The Wild West DS, $19.99 Turn it Around DS, $19.99 Zoo Hospital DS, $29.99 Operation Vietnam DS, $19.99 2008 GAMES Quarter 1 Furu Furu Park Wii, $19.99 Left Brain Right Brain DS, $19.99 Mega Brain Boost DS, $19.99 Cooking Mama 2: Dinner with Friends DS, $29.99 Quarter 2 Wild Earth: African Safari Wii, $29.99 Eco-Creatures: Save the Forest DS, $29.99 Nanostray 2 DS, $29.99 Blokus Portable: Steambot Championship PSP, $19.99 Pet Pals: Animal Doctor, $19.99 Toy Shop DS, $19.99 Quarter 3 Cake Mania 2 DS, $19.99 Blast Works: Build, Trade, Destroy Wii, $39.99 Nancy Drew 2 NDS, $19.99 Wonderworld Amusement Park Wii, $39.99 Quarter 4 Babysitting Mania DS, $19.99 Cooking Mama: World Kitchen Wii, $49.99 2009 GAMES -- Our House Wii & DS -- Major Minor's Majestic March Wii -- Cake Mania Wii * Includes all released and announced titles to date. Prices subject to change for unreleased titles. MAJESCO ENTERTAINMENT COMPANY AND SUBSIDIARY CONSOLIDATED BALANCE SHEET (dollars in thousands) January October 31, 2008 31, 2007 (unaudited) ASSETS Current assets: Cash and cash equivalents $8,244 $7,277 Due from factor 1,815 - Accounts and other receivables 423 670 Inventory 1,915 3,850 Capitalized software development costs and license fees, current portion 3,046 2,171 Prepaid expenses 1,321 1,128 Total current assets 16,764 15,096 Property and equipment - net 559 568 Capitalized software development costs and license fees, net of current portion 466 549 Other assets 114 100 Total assets $17,903 $16,313 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable and accrued expenses $7,965 $7,488 Share based litigation settlement 2,500 2,822 Due to factor - 1,527 Advances from customers 822 425 Total current liabilities 11,287 12,262 Warrant liability 1,002 1,460 Stockholders' equity: Common stock - $.001 par value; 250,000,000 shares authorized; 28,708,145 and 28,675,962 issued and outstanding at January 31, 2008 and October 31, 2007, respectively 29 29 Additional paid in capital 100,560 100,201 Accumulated deficit (94,822) (97,524) Accumulated other comprehensive loss (153) (115) Total stockholders' equity 5,614 2,591 Total liabilities and stockholders' equity $17,903 $16,313 MAJESCO ENTERTAINMENT COMPANY AND SUBSIDIARY CONSOLIDATED STATEMENT OF OPERATIONS (dollars in thousands, except share amounts) (Unaudited) Three Months Ended January 31, 2008 2007 Net revenues $18,664 $14,495 Cost of sales Product costs 7,932 8,177 Software development costs and license fees 3,220 1,815 11,152 9,992 Gross profit 7,512 4,503 Operating costs and expenses Product research and development 901 608 Selling and marketing 2,305 1,731 General and administrative 2,108 2,273 Depreciation and amortization 77 73 Settlement of litigation and related charges, net (322) - 5,069 4,685 Operating income (loss) 2,443 (182) Other expenses (income) Interest and financing costs, net 199 744 Change in fair value of warrants (458) - Income (loss) before income taxes 2,702 (926) Income taxes - - Net income (loss) 2,702 (926) Net income (loss) per share: Basic $0.10 ($0.04) Diluted $0.10 ($0.04) Weighted average shares outstanding: Basic 27,388,797 23,627,419 Diluted 27,413,681 23,627,419 MAJESCO ENTERTAINMENT COMPANY AND SUBSIDIARY RECONCILIATION OF GAAP AND NON GAAP FINANCIAL MEASURES (In thousands, except share amounts) (Unaudited)

The following tables reconcile the Company's operating income (loss), net income (loss) and diluted net income (loss) per share as presented in its Unaudited Condensed Consolidated Statements of Operations as prepared in accordance with Generally Accepted Accounting Principals ("GAAP") to its non- GAAP operating income, non-GAAP net income and non-GAAP diluted earnings (loss) per share.

Three Months Ended January 31, 2008 2007 Operating income (loss) $2,443 $(182) Settlement of litigation and related charges, net (1) (322) - Gain on settlement of accounts payable - (31) Non-GAAP operating income (loss) $2,121 $(213) Net income (loss) $2,702 $(926) Settlement of litigation and related charges, net (1) (322) - Change in fair value of warrants (2) (458) - Gain on settlement of accounts payable - (31) Non-GAAP net income (loss) $1,922 $(957) Net income (loss) per share diluted $0.10 $(0.04) Settlement of litigation and related charges, net (1) (0.01) - Change in fair value of warrants (2) (0.02) - Gain on settlement of accounts payable - (0.00) Non-GAAP net income (loss) per share diluted $0.07 $(0.04) Shares used in net income (loss) per share and Non-GAAP net income (loss) per share 27,413,681 23,627,419 (1) Represents a non-cash gain on litigation settlement of $0.3 million relating to the decline in the value of the shares of the Company's common stock to be issued under the settlement of a class action litigation. (2) Represents a non-cash gain related to the change in the fair value of warrants issued in connection with an equity financing on September 5, 2007, which were recorded as liabilities in accordance with FASB statement No. 150, Accounting for certain financial instruments with Characteristics of both Liabilities and Equity.

Majesco Entertainment Company Inc.

CONTACT: John Gross, Chief Financial Officer, Majesco Entertainment
Company, +1-732-225-8910; Mike Smargiassi or Joe Kessler, Brainerd
Communicators, Inc., +1-212-986-6667

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

WPCS Reports 37% Increase in Revenue for the 3rd Quarter

EXTON, Pa., March 17 /PRNewswire-FirstCall/ -- WPCS International Incorporated a leader in design-build engineering services for specialty communication systems and wireless infrastructure, has reported its financial results for the third quarter ended January 31, 2008.

For the quarter ended January 31, 2008, WPCS reported total revenue of approximately $24.8 million compared to $18.1 million for the same period a year ago, which represents an increase of approximately 37%. For the third quarter of FY2008, the reported net income was approximately $383,000 or $0.05 per diluted share compared to $1.25 million or $0.20 per diluted share for the same period a year ago.

For the nine months ended January 31, 2008, WPCS reported total revenue of approximately $74.7 million compared to $52.3 million for the same period a year ago, which represents an increase of approximately 43%. For the nine months ended January 31, 2008, the reported net income was approximately $3.16 million or $0.40 per diluted share compared to $3.23 million or $0.54 per diluted share for the same period a year ago.

A conference call is scheduled for today at 5:00 pm ET. To participate on the conference call, please dial 800-391-2548 for calls within the U.S. and 302-709-8328 for calls from international locations. Upon reaching the operator, verbally transmit the participant code VH37672. Andrew Hidalgo, CEO of WPCS, will be discussing the company's third quarter financial performance and the outlook for the fourth quarter. When the overview concludes, your questions can be asked by pressing *1 and your questions can be removed from the queue by pressing the number sign. Replays of the conference call will be available for a period of five days by dialing 402-220-2946 and using 37672# as the pass code.

About WPCS International Incorporated:

WPCS is a design-build engineering company that focuses on the implementation requirements of wireless technology. The company serves the specialty communication systems and wireless infrastructure sectors and provides services that include site design, technology integration, electrical contracting, construction and project management for corporations, government entities and educational institutions worldwide. For more information, please visit http://www.wpcs.com/

Statements about the company's future expectations, including future revenue and earnings and all other statements in this press release, other than historical facts, are "forward looking" statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward-looking statements.

CONTACT: Carol Lindley WPCS International Incorporated 610-903-0400 x100 ir@wpcs.com WPCS INTERNATIONAL INCORPORATED AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) Three Months Ended Nine Months Ended January 31, January 31, 2008 2007 2008 2007 REVENUE $24,802,079 $18,121,405 $74,723,129 $52,310,727 COSTS AND EXPENSES: Cost of revenue 18,010,149 12,150,372 53,844,717 36,202,802 Selling, general and administrative expenses 5,573,644 3,538,395 14,151,781 9,874,455 Depreciation and amortization 618,002 310,074 1,616,204 880,965 Total costs and expenses 24,201,795 15,998,841 69,612,702 46,958,222 OPERATING INCOME 600,284 2,122,564 5,110,427 5,352,505 OTHER EXPENSE (INCOME): Interest expense 69,269 112,387 377,487 326,823 Interest income (81,082) (120,164) (436,257) (294,916) Minority interest (23,907) - 36,881 - INCOME BEFORE INCOME TAX PROVISION 636,004 2,130,341 5,132,316 5,320,598 Income tax provision 252,701 878,462 1,974,885 2,089,642 NET INCOME $383,303 $1,251,879 $3,157,431 $3,230,956 Basic net income per common share $0.05 $0.23 $0.45 $0.59 Diluted net income per common share $0.05 $0.20 $0.40 $0.54 Basic weighted average number of common shares outstanding 7,093,662 5,547,671 7,049,099 5,454,911 Diluted weighted average number of common shares outstanding 7,801,597 6,323,169 7,951,545 6,011,224 WPCS INTERNATIONAL INCORPORATED AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS ASSETS: January 31, 2008 April 30, 2008 (Unaudited) (Note 1) CURRENT ASSETS: Cash and cash equivalents $8,417,056 $21,558,739 Accounts receivable, net of allowance of $98,786 at January 31, 2008 and April 30, 2007 25,017,770 16,560,636 Costs and estimated earnings in excess of billings on uncompleted contracts 4,599,455 2,499,940 Inventory 3,430,194 2,260,082 Prepaid expenses and other current assets 1,605,511 732,043 Deferred tax assets 75,271 27,000 Total current assets 43,145,257 43,638,440 PROPERTY AND EQUIPMENT, net 6,571,669 5,488,920 OTHER INTANGIBLE ASSETS, net 2,315,778 1,683,349 GOODWILL 23,966,807 20,469,608 OTHER ASSETS 439,999 273,353 Total assets $76,439,510 $71,553,670 WPCS INTERNATIONAL INCORPORATED AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (continued) LIABILITIES AND SHAREHOLDERS' EQUITY January 31, April 30, 2008 2007 (Unaudited) (Note 1) CURRENT LIABILITIES: Current portion of loans payable $3,059,968 $2,598,872 Current portion of borrowings under line of credit 570,000 - Current portion of capital lease obligations 30,205 - Accounts payable and accrued expenses 8,931,405 6,802,110 Billings in excess of costs and estimated earnings on uncompleted contracts 2,680,072 2,272,688 Deferred revenue 740,381 504,458 Due to shareholders 168,365 707,000 Income taxes payable 354,767 433,361 Total current liabilities 16,535,163 13,318,489 Borrowings under line of credit 644,000 4,454,217 Loans payable, net of current portion 195,738 284,016 Capital lease obligations, net of current portion 307,270 - Deferred tax liabilities 835,447 611,000 Total liabilities 18,517,618 18,667,722 Minority interest in subsidiary 1,390,846 1,353,965 COMMITMENTS AND CONTINGENCIES SHAREHOLDERS' EQUITY: Preferred stock - $0.0001 par value, 5,000,000 shares authorized, none issued - - Common stock - $0.0001 par value, 75,000,000 shares authorized, 7,105,104 and 6,971,698 shares issued and outstanding at January 31, 2008 and April 30, 2007, respectively 710 697 Additional paid-in capital 49,494,446 47,901,159 Retained earnings 6,788,646 3,631,215 Accumulated other comprehensive income (loss) on foreign currency translation 247,244 (1,088) Total shareholders' equity 56,531,046 51,531,983 Total liabilities and shareholders' equity $76,439,510 $71,553,670

Note 1 - Certain reclassifications have been made to prior period financial statements to conform to current presentation.

WPCS International Incorporated

CONTACT: Carol Lindley of WPCS International Incorporated,
+1-610-903-0400 ext. 100, ir@wpcs.com

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

Directed Electronics, Inc. Reports 2007 Fourth Quarter and Year-End Results- Reports net sales of $401 million and adjusted EBITDA of $59 million for full year 2007- Generates operating cash flow of $87 million during 2007- Achieves debt covenant compliance with $75 million of debt pay down in 2007- Successfully negotiates amended debt agreement including covenant relief- 2007 results include non-cash impairment charge of $146 million, net of tax, related to goodwill and intangibles resulting in GAAP net loss of $140 million

VISTA, Calif., March 17 /PRNewswire-FirstCall/ -- Directed Electronics, Inc. announced today financial results for the fourth quarter and year ended December 31, 2007.

Fourth Quarter Financial Highlights: -- Q4 net sales and adjusted EBITDA of $152 million and $29 million, respectively -- Paid down $40 million of term debt as compared to 2007 requirement of $3 million resulting in 4.5x leverage, well within December 31, 2007 debt compliance ratio -- Pro forma EPS of $0.41 per share, excluding $146 million, net of tax, of non-cash impairment charges related to goodwill and intangibles. These results included $0.05 of non-cash charges related to early debt retirement and certain tax expenses. Excluding these non-cash items, pro forma EPS was $0.46 per share -- Including non-cash impairment charges, GAAP net loss for the fourth quarter of 2007 was ($136.0) million, or ($5.25) per diluted share Recent Operating Highlights: -- Expanded distribution with Polk Audio adding Best Buy and Apple Stores -- Renegotiated debt agreement increasing total leverage covenant -- Reduced risk in satellite radio business with amended SIRIUS agreement -- Appointed Kevin Duffy to the role of Chief Financial Officer -- Implementing plan to reduce $5 million of annualized operating expenses -- Improved cash flow from working capital and operating improvements

"In the fourth quarter, we accomplished most of our goals including strong sales and EBITDA performance, as well as paying down $40 million in term debt bringing our full year 2007 debt down by $75 million, or 22%," commented James E. Minarik, Directed's President and Chief Executive Officer. "For the full year of 2007, we experienced a sizeable sales mix shift as our higher margin, branded security and entertainment business increased by 30% due to a number of factors including our acquisition of Polk Audio, single digit increases in security and convenience, and continued strong performance of our Definitive Technology home audio speakers, while our satellite radio sales declined by 46%. This shift caused our security and entertainment business to increase from 51% of our sales in 2006 to 72% of our sales in 2007 while also driving our gross margins upwards by over 600 basis points to 35%.

"Despite the strong fundamentals of our business including approximately $59 million in adjusted EBITDA and over $400 million in net sales for 2007, we have taken a non-cash impairment charge of $146 million, net of tax, related to goodwill and intangibles resulting in a GAAP net loss of $140 million. This was due primarily to the decline in our stock price as compared to our book value. However, while this is a large number, I want to emphasize that this was a non-cash charge and does not affect our on-going operations.

"While the current economic environment and our market conditions may be more difficult than in the recent past, we expect the combination of our expanded distribution of home audio products at Best Buy and Apple Stores, our improved debt position, and our focus on cost cutting initiatives will ultimately lead to a stronger company."

Fourth Quarter 2007 Versus Fourth Quarter 2006 Sales

Net sales in the fourth quarter of 2007 were $152.0 million compared with net sales of $210.3 million in the fourth quarter of 2006. The fourth quarter sales decline was largely driven by lower satellite radio sales. Gross sales of security and entertainment products were $101.2 million in the fourth quarter of 2007 compared with $103.6 million for the same period in 2006. Security and convenience, as well as home audio sales, increased in Q4 driven by higher sales of remote start due to cold weather and successful new product introductions. These increases were offset by a decline in mobile video and an approximate $4 million decrease in Directed-designed satellite radio accessories, which are included in mobile audio sales, due to the overall slowdown in the retail satellite radio market.

As expected, fourth quarter 2007 gross sales of satellite radio products decreased 51.0% to $56.2 million from $114.0 million in the fourth quarter of 2006.

Gross Profit

For the fourth quarter of 2007, pro forma gross margin increased 610 basis points to 34.6% compared with 28.5% in the prior year. GAAP gross margin increased 850 basis points to 34.3% compared with 25.8% in the prior year. The increase during the period was due to the sales mix shifting to higher-margin security and entertainment product sales.

Operating Expenses

Pro forma operating expenses were $26.3 million in the fourth quarter of 2007, or 17.3% of revenue, compared with $27.4 million, or 13.0% of revenue, in the prior year. The company initiated a program in the first quarter of 2008 to improve operating efficiency and expects to save approximately $5 million on an annualized basis.

GAAP operating expenses were $221.1 million in the fourth quarter of 2007 compared with $28.8 million in the fourth quarter of 2006. The company's 2007 fourth quarter GAAP operating expenses included a $194.8 million non-cash goodwill and intangible impairment charge.

EBITDA and Net Income (Loss)

Fourth quarter 2007 pro forma EBITDA (earnings before interest, taxes, depreciation and amortization, including goodwill and intangibles impairment) was $28.8 million compared with $34.7 million in the comparable prior year period. Adjusted EBITDA, which includes adjustments as defined by the company's lending agreement, was $29.1 million in the fourth quarter. A quantitative reconciliation from the company's GAAP results to its pro forma and adjusted results is provided in the accompanying tables.

Pro forma operating income was $26.3 million in the fourth quarter of 2007 compared to $32.5 million in the fourth quarter of 2006. Pro forma net income was $10.7 million, or $0.41 per diluted share, in the fourth quarter of 2007 compared with $15.4 million, or $0.59 million per diluted share, in the prior year period. Fourth quarter 2007 pro forma net income included $0.02 per diluted share related to the write-off of non-cash financing fees associated with the company's $39.2 million prepayment of debt, as well as $0.03 of non-cash tax expense related to the delivery of previously scheduled RSU's. Excluding these non-cash charges, fourth quarter 2007 pro forma net income was $0.46. GAAP net loss for the fourth quarter of 2007 was ($136.0) million, or ($5.25) per diluted share, compared with net income of $10.8 million, or $0.41 per diluted share, in the prior year.

Full Year 2007 Versus Full Year 2006 Sales

Net sales were $401.1 million for the full year of 2007, a decrease of 8.4% compared with net sales of $437.8 million for the full year of 2006. Gross sales of security and entertainment products were $298.1 million for the full year of 2007, an increase of 29.9% compared with $229.4 million for the full year of 2006. Gross sales of satellite radio products were $117.9 million for the full year of 2007, a decrease of 46.4% compared with $220.1 million for the full year of 2006.

Gross Profit

Pro forma gross profit increased 11.4% to $143.1 million for the full year of 2007 compared with $128.5 million for the full year of 2006. Pro forma gross margin increased to 35.7% in 2007 from 29.4% in 2006. GAAP gross profit increased 15.6% to $141.7 million for the full year of 2007 compared with $122.6 million for the full year of 2006. GAAP gross margin increased to 35.3% in 2007 from 28.0% in 2006. The gross margin improvement was primarily due to increased sales of higher margin Polk Audio and Definitive Technology products combined with reduced sales of lower margin satellite radio receivers.

Operating Expenses

Pro forma operating expenses were $95.2 million, or 23.7% of net sales, for the full year of 2007 compared with $67.2 million, or 15.4% of net sales, in 2006. For the full year, operating expenses increased due to the full year inclusion of Polk Audio and the acquisition of Trilogix. GAAP operating expenses were $295.5 million in 2007 compared with $71.0 million in 2006. The company's 2007 GAAP operating expenses included a $194.8 million non-cash goodwill and intangible impairment charge and $5.5 million related to the settlement of previously disclosed patent litigation.

EBITDA and Net Income (Loss)

For the full year of 2007, pro forma EBITDA was $57.6 million compared with $68.0 million for the full year of 2006. Adjusted EBITDA, which includes adjustments as defined by the company's lending agreement, was $58.7 million in 2007.

Pro forma operating income was $47.9 million for the full year of 2007 compared with $61.3 million for the full year of 2006. Pro forma net income for the full year of 2007 was $10.7 million, or $0.41 per diluted share. Full year 2007 pro forma net income included $0.02 per diluted share related to the write-off of non-cash financing fees associated with the company's $39.2 million prepayment of debt, as well as $0.05 of non-cash tax expense related to the delivery of previously scheduled RSU's. GAAP net loss for 2007 was ($140.0) million, or ($5.40) per diluted share, compared with GAAP net income of $21.0 million, or $0.81 per diluted share, in 2006.

Balance Sheet and Cash Flows

The company generated $87.0 million of operating cash flow for the full year of 2007, compared with ($20.2) million of operating cash used for the full year of 2006. The company primarily used operating cash flow to repay $75.3 million of debt, including $42.3 million of term debt, and to acquire Trilogix Systems. As of December 31, 2007, debt totaled $266.9 million. The

company was in compliance with all of its debt covenants as of December 31, 2007.

The company recently renegotiated its term debt lending agreement including changes to the following key terms:

-- Increased allowable total leverage ratio to 5.25x through Q1 2009 stepping down to 4.95x through Q4 2009 with step-downs thereafter consistent with the previous lending agreement. Prior to the amendment, the company's total allowable leverage ratio was 4.85x with step-downs to 4.60x as of June 30, 2008 and 3.95x as of June 30, 2009. -- Modified loan pricing to LIBOR plus 350 basis points when the company is under 4.5x of leverage and LIBOR plus 400 basis points when the company is over 4.5x of leverage. Previously, the company's debt was priced at LIBOR plus 250 basis points. Taking into account the increased interest rate margin, the company still expects interest expense to decline in 2008 as compared to 2007 due to carrying lower levels of debt, as well as due to a decline in LIBOR. -- Modified other terms including revolver availability, prepayment requirements, right to execute accounts receivable sale/securitization, and permitted add-backs to adjusted EBITDA.

"For the latter part of 2007 and going forward, we are increasing our focus on improving our overall balance sheet and operating expense structure," stated Kevin Duffy, Chief Financial Officer. "Specifically, we have made improvements in our use of working capital by improving our accounts payable terms and implementing tighter A/R and inventory controls, which should ultimately translate into increased debt retirement. Additionally, with the support of our lenders, we have successfully amended our debt agreement to provide greater strategic and financial flexibility.

"Over the last several months, we have also analyzed and identified cost savings across our operations. In the first quarter of 2008, we began implementing cost-cutting initiatives which we ultimately expect to generate $5 million in annualized savings consisting of attrition, reduction in temporary labor, and operating efficiencies."

During the fourth quarter of 2007, the company conducted its annual impairment testing required by SFAS No. 142, "Goodwill and Other Intangible Assets," for fiscal 2007. As a result of the evaluation, the company determined that the carrying amount of the goodwill exceeded its implied fair value, and recognized a non-cash impairment charge to goodwill and intangibles in the amount of $146.4 million, net of tax. The goodwill impairment charge was primarily the result of the decline in the company's stock price.

Guidance

The company has elected to discontinue providing guidance for 2008 due to a number of factors including the historical volatility of satellite radio sales and the pending merger between SIRIUS and XM, which has also caused SIRIUS to suspend guidance. These factors, along with the slowing economy, have increased the difficulty of accurately predicting net sales and earnings.

Conference Call and Webcast

Directed Electronics will host a conference call and webcast to discuss its financial results today at 5:00 p.m. Eastern Time. The conference call may include forward-looking statements. This call will be webcast live on the Investor Relations section of the Company's website at http://www.directed.com/ and will be archived and available for replay approximately three hours after the live event. The audio replay will be available through 11:59 p.m., March 31, 2008. The Company's financial results are also available online at http://www.directed.com/.

To participate in the conference call, investors should dial 800-762-8779 ten minutes prior to the call. International callers should dial 480-248- 5081. A telephone replay of the call will be available through 11:59 p.m. Eastern Time on March 31, 2008 by calling 800-406-7325 (passcode: 3853738). International callers should dial 303-590-3030 and use the same passcode.

About Directed Electronics

Headquartered in Southern California, Directed Electronics is the largest designer and marketer in North America of premium home theater loudspeakers sold under the Polk Audio(R) and Definitive Technology(R) brand names, and consumer-branded vehicle security and remote start systems sold under the Viper(R), Clifford(R), Python(R) and Autostart(R) brand names. Directed is also the largest aftermarket supplier of SIRIUS satellite radios and accessories, and a major supplier of mobile audio and video. Directed markets its broad portfolio of products through many channels including leading national retailers and specialty chains throughout North America, and around the world. Founded in 1982, the company has more than 500 employees and operations in California, Maryland, Canada, Europe and Asia. For more information, please visit http://www.directed.com/.

Forward-Looking Statements

Certain statements in this news release that are not historical fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements typically are identified by the use of terms such as "may," "should," "might," "believe," "expect," "anticipate," "estimate" and similar words, although some may be expressed differently. Forward-looking statements in this release include, but are not limited to, statements as to expected savings from the company's operating efficiency program and interest expense. Shareholders and other readers are cautioned not to place undue reliance on these forward- looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results of Directed to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include competition in the consumer electronics industry, development of new products and changing demand of customers, reliance on certain key customers, adverse developments affecting SIRIUS Satellite Radio, decline in consumer spending, reliance on certain manufacturers and their ability to maintain satisfactory delivery schedules, disruption in supply chain, shortages of components and materials, economic risks associated with changes in social, political, regulatory, and economic conditions in the countries where our products are manufactured, quality installation of products by customers, significant product returns or product liability claims, compliance with various state and local regulations, risks with international operations, impairment of goodwill and intangible assets, claims related to intellectual property, ability to service debt obligations, restrictive terms of our senior secured credit facility, vulnerability to increases in interest rates, disruption in distribution centers, ability to raise additional capital if needed, dependence on senior management, ability to realize on investments made in the business, and integration of acquired businesses. Certain of these factors, as well as various additional factors, are discussed from time to time in the reports filed by Directed with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2007. Directed disclaims any intent or obligation to update these forward-looking statements.

DIRECTED ELECTRONICS, INC. Consolidated Statements of Income (unaudited, in thousands, except per share amounts) GAAP Pro Forma Quarter Quarter Quarter Quarter Ended Ended Ended Ended 12/31/2007 12/31/2006 12/31/2007 12/31/2006 Net product sales $150,562 $209,268 $150,562 $209,268 Royalty and other revenue 1,425 1,031 1,425 1,031 Net Sales 151,987 210,299 151,987 210,299 Cost of sales 99,891 156,092 99,406 150,451 Gross profit 52,096 54,207 52,581 59,848 Operating expenses: Selling, general and administrative 26,270 28,771 26,270 27,369 Goodwill and intangible asset impairment 194,832 - - - Total operating expenses 221,102 28,771 26,270 27,369 Income from operations (169,006) 25,436 26,311 32,479 Other income (expense): Interest expense, net (7,433) (6,830) (7,433) (6,830) Income before provision for income taxes (176,439) 18,606 18,878 25,649 Provision for income taxes (40,480) 7,846 8,224 10,293 Net income (loss) $(135,959) $10,760 $10,654 $15,356 Net income per common share: Basic $(5.25) $0.41 $0.41 $0.59 Diluted $(5.25) $0.41 $0.41 $0.59 Weighted average number of shares: Basic 25,898 26,032 25,898 26,032 Diluted 25,898 26,041 25,898 26,041

This earnings release includes information presented on a pro forma basis. These pro forma financial measures are considered "non-GAAP" financial measures within the meaning of SEC Regulation G. The Company believes that this presentation of pro forma results provides useful information to both management and investors by excluding specific revenue, costs and expenses that the Company believes are not indicative of core operating results. The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with generally accepted accounting principles. The reconciliation set forth below is provided in accordance with Regulation G and reconciles the pro forma financial measure with the most directly comparable GAAP-based financial measure.

DIRECTED ELECTRONICS, INC. Reconciliation of GAAP to Pro Forma Net Income Available to Common Shareholders (unaudited, in thousands, except per share amounts) Quarter Quarter Ended Ended 12/31/2007 12/31/2006 GAAP net income $(135,959) $10,760 Adjustments: Gross profit reduction from purchase accounting 485 5,641 Patent litigation costs - 1,402 Goodwill and intangible asset impairment 194,832 - Tax effects of adjustments (48,704) (2,447) Pro forma net income (loss) $10,654 $15,356 GAAP net income per common share, diluted $(5.25) $0.41 Pro forma net income per common share, diluted $0.41 $0.59 Diluted weighted average number of shares (GAAP and pro forma) 25,898 26,041 DIRECTED ELECTRONICS, INC.

Reconciliation of GAAP Net Income to Pro Forma and Adjusted EBITDA (Note 1)

(unaudited, in thousands) Quarter Quarter Ended Ended 12/31/2007 12/31/2006 Net income $(135,959) $10,760 Adjustments: Interest expense, net 7,433 6,830 Depreciation 698 647 Amortization 1,838 1,586 Goodwill and intangible asset impairment 194,832 - Taxes (40,480) 7,846 EBITDA (Note 1) $28,362 $27,669 Gross profit reduction from purchase accounting 485 5,641 Patent litigation costs - 1,402 Pro forma EBITDA (Note 1) $28,847 $34,712 Non-cash stock-based compensation 234 46 Other - 2,039 Adjusted EBITDA (Note 1) $29,081 $36,797 DIRECTED ELECTRONICS, INC. Itemization of Net Sales (unaudited, in thousands) Quarter Quarter Ended Ended 12/31/2007 12/31/2006 Gross Security and Entertainment Sales $101,163 $103,573 Gross Satellite Radio Sales 56,217 113,975 Rebates and Discounts (6,818) (8,280) Net Product Sales 150,562 209,268 Royalties and Other Revenue 1,425 1,031 Net Sales $151,987 $210,299

Note 1: EBITDA (earnings before interest, income taxes, depreciation, and amortization, including goodwill and intangible asset impairment) is not a measure of financial performance under generally accepted accounting principles, or GAAP, but is used by some investors to determine a company's ability to service or incur indebtedness. The company presents pro forma EBITDA as it believes that pro forma results provide useful information to both management and investors by excluding specific revenue, costs and expenses that the company believes are not indicative of core operating results. Adjusted EBITDA is presented as it includes other adjustments permitted under the company's lending agreement for covenant calculations. The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with generally accepted accounting principles. The reconciliation set forth above is provided in accordance with Regulation G and reconciles EBITDA, pro forma EBITDA, and adjusted EBITDA with the most directly comparable GAAP-based financial measure. EBITDA is not calculated in the same manner by all companies and accordingly is not necessarily comparable to similarly entitled measures of other companies and may not be an appropriate measure for performance relative to other companies. EBITDA is not intended to represent and should not be considered more meaningful than, or as an alternative to, measures of operating performance as determined in accordance with GAAP.

DIRECTED ELECTRONICS, INC. Consolidated Statements of Income (unaudited, in thousands, except per share amounts) GAAP Pro Forma YTD YTD YTD YTD 12/31/2007 12/31/2006 12/31/2007 12/31/2006 Net product sales $396,491 $433,927 $396,491 $433,927 Royalty and other revenue 4,649 3,851 4,649 3,851 Net Sales 401,140 437,778 401,140 $437,778 Cost of sales 259,443 315,155 258,016 309,280 Gross profit 141,697 122,623 143,124 128,498 Operating expenses: Selling, general and administrative 100,682 70,972 95,188 67,227 Goodwill and other intangible asset impairment 194,832 - - - Total operating expenses 295,514 70,972 95,188 67,227 Income (loss) from operations (153,817) 51,651 47,936 61,271 Other income (expense): Interest expense, net (27,785) (17,516) (27,785) (17,091) Income before provision for (benefit from) income taxes (181,602) 34,135 20,151 44,180 Provision for (benefit from) income taxes (41,634) 13,126 9,494 17,409 Net income (loss) $(139,968) $21,009 $10,657 $26,771 Net income (loss) per common share: Basic $(5.40) $0.81 $0.41 $1.04 Diluted $(5.40) $0.81 $0.41 $1.04 Weighted average number of shares: Basic 25,921 25,827 25,921 25,827 Diluted 25,921 25,839 25,921 25,839

This earnings release includes information presented on a pro forma basis. These pro forma financial measures are considered "non-GAAP" financial measures within the meaning of SEC Regulation G. The Company believes that this presentation of pro forma results provides useful information to both management and investors by excluding specific revenue, costs and expenses that the Company believes are not indicative of core operating results. The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with generally accepted accounting principles. The reconciliation set forth below is provided in accordance with Regulation G and reconciles the pro forma financial measure with the most directly comparable GAAP-based financial measure.

DIRECTED ELECTRONICS, INC. Reconciliation of GAAP to Pro Forma Net Income Available to Common Shareholders (unaudited, in thousands, except per share amounts) YTD YTD 12/31/2007 12/31/2006 GAAP net income (loss) $(139,968) $21,009 Adjustments: Gross profit reduction from purchase accounting 1,427 5,875 Patent litigation costs 5,494 2,978 Transaction specific stock compensation expense related to Polk acquisition - 767 Write-off of debt issuance costs - 425 Goodwill and intangible asset impairment 194,832 - Tax effects of adjustments (51,128) (3,619) Revaluation of deferred tax assets and liabilities - (664) Pro forma net income $10,657 $26,771 GAAP net income (loss) per common share, diluted $(5.40) $0.81 Pro forma net income per common share, diluted $0.41 $1.04 Diluted weighted average number of shares (GAAP and pro forma) 25,921 25,839 DIRECTED ELECTRONICS, INC. Reconciliation of GAAP Net Income (Loss) to Pro Forma and Adjusted EBITDA (Note 1) (unaudited, in thousands) YTD YTD 12/31/2007 12/31/2006 Net income (loss) $(139,968) $21,009 Adjustments: Interest expense, net 27,785 17,516 Depreciation 2,613 1,995 Amortization 7,069 4,727 Goodwill and intangible asset impairment 194,832 - Taxes (41,634) 13,126 EBITDA (Note 1) $50,697 $58,373 Gross profit reduction from purchase accounting 1,427 5,875 Patent litigation costs 5,494 2,978 Transaction specific stock compensation expense related to Polk acquisition - 767 Pro forma EBITDA (Note 1) $57,618 $67,993 Non-cash stock-based compensation 885 46 Other 233 11,209 Adjusted EBITDA (Note 1) $58,736 $79,248 DIRECTED ELECTRONICS, INC. Itemization of Net Sales (unaudited, in thousands) YTD YTD 12/31/2007 12/31/2006 Gross Security and Entertainment Sales $298,054 $229,367 Gross Satellite Radio Sales 117,906 220,070 Rebates and Discounts (19,469) (15,510) Net Product Sales 396,491 433,927 Royalties and Other Revenue 4,649 3,851 Net Sales $401,140 $437,778

Note 1: EBITDA (earnings before interest, income taxes, depreciation, and amortization, including goodwill and intangible asset impairment) is not a measure of financial performance under generally accepted accounting principles, or GAAP, but is used by some investors to determine a company's ability to service or incur indebtedness. The company presents pro forma EBITDA as it believes that pro forma results provide useful information to both management and investors by excluding specific revenue, costs and expenses that the company believes are not indicative of core operating results. Adjusted EBITDA is presented as it includes other adjustments permitted under the company's lending agreement for covenant calculations. The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with generally accepted accounting principles. The reconciliation set forth above is provided in accordance with Regulation G and reconciles EBITDA, pro forma EBITDA, and adjusted EBITDA with the most directly comparable GAAP-based financial measure. EBITDA is not calculated in the same manner by all companies and accordingly is not necessarily comparable to similarly entitled measures of other companies and may not be an appropriate measure for performance relative to other companies. EBITDA is not intended to represent and should not be considered more meaningful than, or as an alternative to, measures of operating performance as determined in accordance with GAAP.

DIRECTED ELECTRONICS, INC. Condensed Consolidated Balance Sheets (in thousands) December 31, December 31, 2007 2006 ASSETS Cash and cash equivalents $4,760 $9,861 Accounts receivable, net 77,366 157,013 Inventories 64,219 122,697 Other current assets 22,936 31,755 Total current assets 169,281 321,326 Property and equipment, net 7,353 7,068 Goodwill and intangible assets, net 157,265 342,729 Other assets 6,535 7,584 Total assets $340,434 $678,707 LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT) Accounts payable $44,814 $116,690 Accrued expenses 28,527 40,630 Current portion of notes payable 2,669 3,068 Total current liabilities 76,010 160,388 Revolving loan 4,000 37,000 Senior notes, less current portion 260,257 302,159 Deferred tax liability 8,864 53,473 Other liabilities 5,201 1,296 Total liabilities 354,332 554,316 Shareholders' equity (deficit) (13,898) 124,391 Total liabilities and shareholders' equity (deficit) $340,434 $678,707 (Logo: http://www.newscom.com/cgi-bin/prnh/20020424/DIRECTLOGO)

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020424/DIRECTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Directed Electronics, Inc.

CONTACT: Kevin Duffy, Chief Financial Officer of Directed Electronics,
Inc., +1-760-598-6200; or John Mills of Integrated Corporate Relations,
+1-310-954-1100, for Directed Electronics, Inc.

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

MGT Capital Investments Reports Fiscal 2007 Financial Results and Announces Buyback of Additional 5.35M SharesCompany also Provides Update on Recent Developments

NEW YORK, Mar. 17 /PRNewswire-FirstCall/ -- MGT Capital Investments, Inc. , a holding company focused on the Healthcare Information Technology ("HCIT") sector, today reported financial results for the year ended December 31, 2007, announced that it had contracted to buy back an additional 5,349,793 MGT shares and provided an update on strategic milestones.

Tim Paterson-Brown, MGT Chairman and CEO, stated, "Our company made significant progress in 2007 as our Medicsight PLC and Medicexchange PLC subsidiaries signed important commercial agreements and delivered initial revenues. We were also extremely pleased to see that virtual colonoscopy continues to receive important external validation, including the American Cancer Society's (ACS) decision to add Computerized Tomography Colonography (CTC) to its colon cancer screening guidelines. The ACS endorsement, as well as recently introduced Congressional legislation to increase patient access to CTC, is widely expected to lead to routine reimbursement. Increased adoption of CTC screening will in turn drive demand for CAD software to unlock radiologist workflow.

"Overall, I am very pleased by the speed and the quality of our progression. Medicsight recently signed a preliminary agreement with the System Integration division (PACS) of Toshiba Medical Systems Corporation for the resale of its MedicRead Colon software throughout Japan. Medicsight's CAD software is now approved in several markets, and we expect to gain U.S. and Japanese approvals during the course of 2008. Our Medicexchange subsidiary also recently signed a preliminary agreement to acquire the Chinese online business Maydeal.com, and continues to make strides in this market with offices in Beijing and Shanghai and over 40,000 registered users and 1,000 distributors serving 80% of tier 1 and 2 urban hospitals.

"It is with this backdrop that our board of directors began a buyback program in the open market to buy back up to 1 million shares of MGT stock and has authorized the buyback of up to an additional 5.35 million shares of MGT stock. We continue to believe that the current market value of MGT shares does not accurately reflect the underlying value of the MGT group of companies. I know that I speak for our entire company when I say that were are very excited about the growth that is ahead in 2008."

Recent Developments -- The American Cancer Society recently decided to add Computerized Tomography Colonography ("CTC") to its colon cancer screening guidelines, commenting that "Provided that advanced, proven techniques are employed in the clinical setting, CTC is included in the guidelines as an option for colorectal cancer screening and prevention in average- risk adults aged 50 years and older." -- MGT's Board authorized a buyback of up to 1,000,000 shares of MGT stock between February 14, 2008 and December 31, 2008. The repurchase of shares by MGT has already begun, and will be made from time to time in the open market on the American Stock Exchange ("AMEX") and in private transactions. On March 11, 2008 the MGT Board authorized the buyback of up to 5,350,000 shares of MGT stock in off-market transactions. Following Board approval, MGT has contracted to purchase 5,349,793 MGT shares at $3.00 per share in a transaction worth $16,049,379. -- MGT's Medicsight PLC subsidiary announced that it had signed a preliminary agreement with the System Integration (PACS) division of Toshiba Medical Systems Corporation ("Toshiba") for the resale of its MedicRead Colon software throughout Japan. Toshiba will work with Medicsight to obtain Japanese Ministry of Health, Labor and Welfare (MHLW) regulatory approval. -- MGT's Medicexchange PLC subsidiary signed a preliminary agreement to acquire the Chinese online business Maydeal.com. The acquisition of Maydeal.com will significantly extend Medicexchange's existing online and offline business offerings in China. The combined business will provide one of the largest online sources of medical products, news and services to Chinese Medical Imaging professionals, hospitals and manufacturers. -- U.S. Representative Barbara Cubin (R-WY) introduced legislation to increase patient access to CTC. CTC is the innovative screening test for colorectal cancer that has the potential to save thousands of lives. Cubin's bill (H.R. 4879, the Virtual Screening for Cancer Act (VSCA) of 2007) includes CTC as a colorectal cancer screening test covered under Medicare. CTC, also known as Virtual Colonoscopy, offers a non-invasive and cost-effective means of detecting early stage cancer of the colon. -- In November 2007 MGT Chairman and CEO, Tim Paterson-Brown, acquired an additional 500,000 shares of MGT common stock from an existing shareholder in a single private transaction at $3.50 per share, for $1,750,000. He now holds 2,000,000 shares or 5.2% of the Company. Financial Results for the year ended December 31, 2007

For the year ended December 31, 2007 and December 31, 2006 our revenues from operations were $89,000 and $0, resulting from the sale of Medicsight software licenses and from Medicexchange's online advertising and offline service revenues.

Total operating expenses for the year ended December 31, 2007 were $22 million, compared to total operating expenses of $15.7 million for 2006. The increase in operating expenses is attributable in part to costs related to Medicsight's continued business growth.

For the year ended December 31, 2007, net loss was $13.8 million, or $0.35 per share compared to a net loss of $14.9 million, or $0.39 per share, in the same period in 2006. Net loss per share for Fiscal 2007 was based on weighted average of 38,900,383 shares outstanding, compared to a weighted average of 38,092,965 shares outstanding for Fiscal 2006. The decrease in net loss for Fiscal 2007 is principally due to the increase in amounts attributable to minority interests which increased significantly following the Medicsight IPO.

As of December 31, 2007, cash, cash equivalents and marketable securities were $94.6 million compared to $24.7 million at December 31, 2006. The increase in cash balance is attributable to the net proceeds of $85.6 million that the Company received following the listing of its subsidiary on the AIM market of the London Stock Exchange and MGT's sell down of Medicsight shares.

About MGT Capital Investments, Inc.

MGT Capital Investments, Inc is a holding company that focuses on investments in the global healthcare information technology market. The Company has two subsidiaries, Medicsight PLC and Medicexchange PLC.

Medicsight PLC (AIM: MDST) is a leading developer of computer-aided detection (CAD) software solutions. Medicsight's CAD solutions help clinicians utilizing Computed Tomography (CT) scans to identify, measure and analyze suspicious pathology within the colon and lungs. The Medicsight CAD products are validated against one of the world's largest databases of verified CT scan data collected from leading healthcare institutions from around the world. Medicsight products allow radiologists and physicians to review scans more quickly and accurately -- saving both time and lives

Medicexchange PLC provides medical imaging professionals with a global web portal containing an online sales, jobs and information channel for diagnostic, treatment and surgery planning solutions. This combined with a variety of relevant clinical papers, training materials and content gives these professionals access to information and products that they otherwise would have difficulty accessing.

Additional information can be found at http://www.mgtci.com/.

All forward-looking statements are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Forward- looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in company filings with the Securities and Exchange Commission.

MGT Capital Investments, Inc.

CONTACT: Investor & Media enquiries, Todd Fromer, +1-212-896-1215,
tfromer@kcsa.com, or Garth Russell, +1-212-896-1250, grussell@kcsa.com, both
of KCSA Strategic Communications for MGT Capital Investments, Inc.

Web site: http://www.mgtci.com/
http://maydeal.com/

EDGAR(R) Online First U.S. Public Company to Concurrently File 10-K and Financials Using Latest XBRL Standard

NEW YORK, March 17 /PRNewswire-FirstCall/ -- EDGAR(R) Online, Inc. announced today that it is the first public company to simultaneously submit a Form 10-K for year ended December 31, 2007 and XBRL- tagged financial statements to the U.S. Securities and Exchange Commission (SEC) using the most recent taxonomies, or XBRL data tags, which were first released by SEC Chairman Cox in December. The 10-K filing and corresponding XBRL translation of EDGAR Online's 2007 financials were submitted and accepted by the SEC EDGAR system today.

The company utilized its I-Metrix platform to convert its financial statements to the latest XBRL standard and filed the documents with the EDGAR system through partner R.R. Donnelley & Sons Company , the leading provider for XBRL services in the U.S. filing market.

"As an organization that is keenly aware of the value that XBRL brings to the capital markets, we are excited to be able to show how quickly and easily a company's financial statements can be translated using our platform and the new taxonomies released by the SEC at the end of last year," said Philip Moyer, CEO of EDGAR Online. "Of course, our database of 10 years of XBRL tagged financials for over 12,000 public companies and XBRL filing solution with R.R. Donnelley can provide the same degree of speed and flexibility for all other SEC filers regardless of size."

Added Moyer, "XBRL isn't a future technology -- it is here, and we are proud to demonstrate that companies can reliably provide the transparency that the investing community seeks without spending hundreds of hours and tens of thousands of dollars deciphering a new technology standard."

About EDGAR(R) Online, Inc.

EDGAR Online, Inc. (http://www.edgar-online.com/), is a leading provider of value- added business and financial information on global companies to financial, corporate and advisory professionals. The company makes its information and a variety of analysis tools available via online subscriptions and licensing agreements to a large user base. EDGAR(R) is a federally registered trademark of the U.S. Securities and Exchange Commission (SEC). EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission. EDGAR Online is a product of EDGAR Online, Inc.

Use of Forward-Looking Statements

This press release may contain "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this press release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in EDGAR Online's filings with the SEC.

EDGAR Online disclaims any obligation to update or revise any forward-looking statements.

EDGAR(R) Online, Inc.

CONTACT: T. David Colgren of Colcomgroup, Inc., +1-646-536-5103, or
dcolgren@colcomgroup.com, for EDGAR(R) Online, Inc.

Web site: http://www.edgar-online.com/

AirTran Airways And CKPR Receive PRWeek Award for Best Use of Internet Media- AirTran U EweTube Program Awarded Best Use of Internet/New Media at Annual Awards -

ORLANDO, Fla., March 17 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiary of AirTran Holdings, Inc. , and top integrated public relations firm in America, CKPR, announced today their program "AirTran Ewe" has been named Best Use of Internet/New Media by the PRWeek Awards. The awards are the public relations industry publication's premier event honoring the industry's best campaigns, companies and individuals.

In January 2007, AirTran Airways re-launched AirTran U, a low-cost flight program tailored specifically for college students. CKPR was charged with increasing awareness and enrollment in the program within the 18-22 year-old college audience through a comprehensive marketing and communications program.

"Changing the AirTran Airways standby program to keep up with the times, without losing the equity we had built up with our previous X-Fares program, was the easy part," said Tad Hutcheson, vice president of marketing and sales at AirTran Airways. "Reaching the advertising-adverse college student was not an easy task, but AirTran U succeeded by breaking through the communication barrier in nontraditional ways."

By working closely with Cramer-Krasselt and leveraging the agencies' integrated capabilities, such as extensive market research and brand planning, CKPR developed a 360-degree program. The driving component: a YouTube contest called "EweTube." Students were asked to make videos of themselves wearing a mask of AirTran U's mascot Ewe, a female sheep, while leading a cheer for AirTran U. Students then uploaded their videos to YouTube.com where fellow classmates and friends voted on their favorite video. The winner received a set of two free round-trip flights, plus three flights for friends or family. Parading street teams of cheerleaders and the Ewe toured campuses in major markets as well as Daytona Beach during Spring Break to hand out thousands of Ewe masks, temporary tattoos and t-shirts, and directed students to http://www.airtranu.com/.

CKPR executed integrated traditional and non-traditional methods to encourage students to visit the site and interact with the AirTran Airways brand including: creating Friendster, MySpace and Facebook Ewe mascot pages where Ewe received over 600 friend requests; blog and media outreach; a cameo appearance on the TODAY Show; emails to the airline's subscribers; podcasts; a Wikipedia entry; and C-K-created online ads.

"AirTran's EweTube is a perfect example of how public relations is evolving into a much broader world of traditional and non-traditional communications," said Joel Curran, managing director of CKPR. "The program, literally, changed the conversation between AirTran Airways and this growing generation of consumers by bringing our brand messages into a medium so relevant in their world."

The program yielded spectacular results: AirTran Airways' number of standby flights increased by an average of 30 percent, the EweTube contest attracted 24,000 unique visitors and media impressions totaled more than 19 million.

AirTran Airways, a Fortune 1000 company, offers more than 700 affordable, daily flights to 58 U.S. destinations. With 8,900 friendly Crew Members and America's youngest all-Boeing fleet, AirTran Airways provides XM Satellite Radio and Business Class seating on every flight. For more information and free online booking, visit http://www.airtran.com/.

CKPR is ranked among the largest independent PR firms in the country by leading industry trade publication PRWeek, which also named CKPR as one of its "Agencies to Watch" in 2007. The agency, a multi-PRSA Silver Anvil winner, was also named the 2007 Holmes Report Consumer Agency of the Year. With fully integrated teams in Chicago, New York, Milwaukee and Phoenix, CKPR is best known for offering 360-degree communications programs. CKPR's client roster includes: AirTran Airways, Appleton Paper, Briggs & Stratton, Cellular South, Colorlab Cosmetics, H.J. Heinz, Fleming's Prime Steakhouse & Wine Bar, InSinkErator, Johnson Controls, Kimberly-Clark, Kohl's, MeadWestvaco, Party City, Sealy, Whirlpool, University of Phoenix, the United Service Organization (USO) and Uno Chicago Grill. CKPR is the public relations arm of Cramer-Krasselt, the country's third largest independent advertising agency. http://www.ckpr.biz/

Media Contacts: AirTran Airways Tad Hutcheson Judy Graham-Weaver Cynthia Tinsley-Douglas Quinnie Jenkins 678.254.7442

AirTran Airways

CONTACT: Tad Hutcheson, Judy Graham-Weaver, Cynthia Tinsley-Douglas or
Quinnie Jenkins, all of AirTran Airways, +1-678-254-7442

Web site: http://www.airtran.com/
http://www.ckpr.biz/
http://www.airtranu.com/

GFI Group Inc. Reiterates Trading Policies

NEW YORK, March 17 /PRNewswire-FirstCall/ -- In response to investor inquiries, GFI Group Inc. reiterated that it does not carry customer accounts, does not hold any material inventory of securities that needs to be financed, does not act as a principal for securities repurchase (repo) agreements, is not a Futures Commission Merchant (FCM) and is not a clearing member of the Government Securities Clearing Corporation (GSCC).

GFI further confirmed its business model in the OTC derivatives markets of acting exclusively as an agency broker on a "name give-up" basis, earning commissions for connecting buyers and sellers and leaving them to settle trades directly.

About GFI Group Inc.

GFI Group Inc. (http://www.gfigroup.com/) is a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI Group Inc. provides brokerage services, market data and analytics software products to institutional clients in markets for a range of credit, financial, equity and commodity instruments.

Headquartered in New York, GFI was founded in 1987 and employs more than 1,600 people with additional offices in London, Paris, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Calgary, Englewood (NJ) and Sugar Land (TX). GFI provides services and products to over 2,200 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFI(TM), GFInet(R), CreditMatch(R), GFI ForexMatch(TM), EnergyMatch(R), FENICS(R), Starsupply(R), Amerex(R), and Trayport(R).

Forward-looking statements

Certain matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "might," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward- looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: economic, political and market factors affecting trading volumes, securities prices or demand for the Company's brokerage services; competition from current and new competitors; the Company's ability to attract and retain key personnel, including highly- qualified brokerage personnel; the Company's ability to identify and develop new products and markets; changes in laws and regulations governing the Company's business and operations or permissible activities; the Company's ability to manage its international operations; financial difficulties experienced by the Company's customers or key participants in the markets in which the Company focuses its brokerage services; the Company's ability to keep up with technological changes; and uncertainties relating to litigation. Further information about factors that could affect the Company's financial and other results is included in the Company's filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

GFI Group Inc.

CONTACT: Investor Relations, Christopher Giancarlo, Executive Vice
President - Corporate Development, +1-212-968-2992, investorinfo@gfigroup.com,
or Chris Ann Casaburri, Investor Relations Manager, +1-212-968-4167,
chris.casaburri@gfigroup.com, or Alan Bright, Public Relations Manager,
011-44-20-7877-8049, alan.bright@gfigroup.co.uk, all of GFI Group Inc.; or
June Filingeri of Comm-Partners LLC, +1-203-972-0186, junefil@optonline.net,
for GFI Group Inc.

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

Verizon Communications Declares Quarterly Dividend

NEW YORK, March 17 /PRNewswire/ -- The Board of Directors of Verizon Communications Inc. has declared a quarterly dividend of 43 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on May 1, 2008, to Verizon Communications shareowners of record at the close of business on April 10, 2008.

Verizon has approximately 2.4 million shareowners and approximately 2.9 billion shares of common stock outstanding. The company made $4.8 billion in dividend payments in 2007.

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 Communications Inc.

CONTACT: Bob Varettoni, +1-908-559-6388, robert.a.varettoni@verizon.com,
for Verizon Communications Inc.

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

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

/C O R R E C T I O N -- Microsoft Corp./In the news release, Microsoft Brings Software-Powered Videoconferencing to Desktops Everywhere, issued earlier today by Microsoft Corp. over PR Newswire, we are advised by the company that the third paragraph, first sentence, should read "more than 70 percent" rather than "more than 60 percent" as originally issued inadvertently. Complete, corrected release follows:Microsoft Brings Software-Powered Videoconferencing to Desktops EverywhereCustomers and partners embrace Microsoft's open unified communications platform to reduce travel, preserve existing investments and increase productivity.

ORLANDO, Fla., March 17 /PRNewswire-FirstCall/ -- Today at VoiceCon Orlando 2008, Microsoft Corp. announced broad availability of its conferencing solutions and continued customer and partner adoption of its unified communications platform. Partners are embracing the platform to provide interoperable conferencing solutions, and today Polycom Inc. announced that it will make its videoconferencing systems work with Microsoft Office Communications Server 2007 and Microsoft Office Communicator 2007. Microsoft also outlined continued customer adoption of its unified communications solutions and demonstrated some new technologies, such as low-cost high-definition videoconferencing.

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

"I am excited at the enthusiastic customer and partner response to our unified communications launch," said Gurdeep Singh Pall, corporate vice president for the Unified Communications Group at Microsoft. "In the last six months, we have seen some amazing customer testimonials, triple-digit business growth and widespread adoption that are bringing the power of face-to-face, high-quality videoconferencing out of the boardroom and to the broader organization."

Enhanced Videoconferencing Only a Click Away

As of today, Office Communications Server 2007 and Office Communicator 2007 now work with conferencing systems from Polycom and TANDBERG -- which constitute more than 70 percent(1) of worldwide existing business conferencing systems. This openness means customers can get more value from existing conferencing systems while still benefiting from Microsoft unified communications software for instant messaging, presence and voice over Internet protocol (VoIP).

Customers are also embracing Microsoft's innovative, low-cost videoconferencing solution, Microsoft RoundTable. In the last six months, more than 350 companies have deployed the 360-degree videoconferencing phone, and 55 resellers have taken it into 17 countries.

"Office Communications Server and RoundTable allow us to improve collaboration and communication while traveling less; we know that has a positive impact on the planet, and that's important to us," said Robert Fort, vice president of information technology and CIO at Virgin Entertainment Group. "With an entry point of $3,000 per device and simple plug-and-play operation, we can widely deploy devices to make conferencing available to everyone."

Customers Benefiting From Unified Communications

More than 140 companies have shared their success and published case studies about their Microsoft unified communications deployments since Microsoft launched its platform last October. Details are available at http://www.microsoft.com/casestudies. Companies such as Dow Corning Corp. have deployed the system to thousands of users for VoIP, webconferencing and videoconferencing, e-mail, voice mail, instant messaging and presence. These companies are reporting cost and travel savings as well as dramatic productivity gains.

"Office Communications Server 2007 delivers the next-generation communications capability to provide instant presence information that reduces contact latency. Then people have rich functionality -- IM, webconferencing, VoIP -- to have engaging conversations," said Steve Hershauer, IT architect and engineer at Dow Corning. "As such, this fundamentally changes the way our internal peers and business partners communicate, and increases overall productivity for everyone and has a macro-productivity effect on the processes they touch."

Partners Innovating With Microsoft's Open Unified Communications Platform

GE Healthcare's imaging collaboration will also demo a conceptual prototype being built using Microsoft's Office Communications Server. This technology, when available, could provide physicians with communication features channeled directly through a unified device, for radiologists this being the Picture Archiving and Communications System (PACS).

"We continue to look for opportunities across adjacent areas to optimize productivity, quality and innovation within the clinical setting," said Prakash Mahesh, global manager of Advanced Technologies, GE Healthcare IT. "The concept prototype from Microsoft and GE Healthcare IT, when available, could bridge an important industry gap for physicians and radiologists, providing improved productivity, enhanced collaboration and reduced interruptions."

More information about Microsoft unified communications solutions, which include Microsoft Exchange Server 2007, Office Communications Server 2007, Office Communicator 2007, Microsoft RoundTable and Microsoft Office Live Meeting 2007, is available at http://www.microsoft.com/uc.

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

(1) Source: Frost & Sullivan, World Enterprise Video Conferencing End Point Market, December 2007 Microsoft Unified Communications Group Partner and Customer Quote Sheet March 17, 2008

"Microsoft Office Communications Server 2007 has allowed Gibson to improve collaboration and communication between our global offices. With Microsoft Office Communicator 2007, employees are able to quickly and simply reach colleagues across geographical boundaries and time zones, which helped streamline our daily processes and improve productivity."

-- Kathy Benner Director of Information Technology Gibson Guitar Corp.

"Windrush Frozen Foods places a strong importance on work-life balance. With Microsoft Office Communications Server 2007, we are able to equip our employees with the tools and options necessary to work anywhere, at any time. This gives our employees a tremendous amount of flexibility and allows them to work outside traditional work schedules, if necessary. This freedom allows them time complete their work obligations as well as fulfill important personal obligations, like picking their children up from school."

-- Robbie Roberts IT Manager Windrush Frozen Foods Ltd.

"Office Communications Server 2007 has increased operational efficiency, reduced our overall costs and improved employee communications at Lionbridge. Because Lionbridge manages client programs across 26 countries worldwide, it is important for us to have a reliable technology that enables us to bring several people together across the globe to collaborate, quickly address issues and provide on-demand innovation for our clients. Office Communications Server 2007 is enabling us to achieve this cost effectively and reliably."

-- Oyvind Kaldstad Director of Information Technology Lionbridge Technologies Inc.

"We don't have to invest significant amounts of capital to provide a high-end technology solution. We currently spend $80,000 a month on conferencing. With Office Communications Server, we expect to reduce that by 30 percent. That's a significant cost savings."

-- Jeremy Turner Vice President and CTO The Shaw Group Inc.

"Polycom is committed to providing voice and visual communications solutions that work with Microsoft's open unified communications platform. Offering interoperability with Office Communications Server 2007 and Office Communicator 2007 will allow customers to use Polycom visual communications as an extension of the Microsoft applications they already use to communicate with others, and will help make visual communications easier to manage in a Microsoft unified communications network."

-- Joe Sigrist Senior Vice President and General Manager of Video Solutions Polycom Inc.

"TANDBERG has always believed that video is an integral component to any successful business communications strategy. TANDBERG is committed to delivering leading-edge video communications solutions that seamlessly interoperate with Microsoft Office Communications Server 2007."

-- Peter Nutley Director of Global Product Marketing TANDBERG

Microsoft Corp.

DigitalFX International Hosts Live Interactive Webcast of Libertarian Presidential Candidate Wayne Allyn Root

LAS VEGAS, March 17 /PRNewswire-FirstCall/ -- DigitalFX International, Inc. , a digital communications company, announced today that Libertarian Presidential candidate frontrunner Wayne Allyn Root will host a live interactive webcast exclusive on the company's social network showcase http://www.helloworld.com/, Tuesday, March 18, 5 PM PDT/8 PM EDT. Root will discuss his third party presidential bid and platform for "real change in American politics." To view the webcast, visit http://www.helloworld.com/, click on helloTV, then click on the Root for President image.

Root will answer any questions submitted to http://www.rootforamerica.com/ prior to the webcast. Questions may also be asked during the webcast via the interactive chat feature provided.

About DigitalFX International, Inc.

DigitalFX International is a creator of digital communications and social networking solutions, as showcased on its social network http://www.helloworld.com/. The company develops and markets proprietary communication and collaboration services, and social networking software applications, including video email, video instant messaging and live webcasting. DigitalFX International, Inc. is democratizing the world of online streaming video and digital media archiving with its flagship product, called The Studio. The Studio is an affordable, cross digital platform web-based solution. Only the DigitalFX Studio brings together all this capability, simply and in one place.

For more information about Digital FX please visit us at http://www.digitalfx.com/.

To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, News Alerts and other pertinent information, please click on the following link: http://www.b2i.us/irpass.asp?BzID=1407&to=ea&s=0

DigitalFX International, Inc.

CONTACT: Alison Simard, Media Relations, Stern & Co., +1-323-650-7117,
or Investor Relations, Mike Flanigan or Ted Tackaberry, both of Communication
Initiatives, +1-888-724-0208, IR@digitalfx.com, or Corporate Development, Amy
Black, Founder and President, +1-702-743-9412, all for DigitalFX
International, Inc.

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

MyStarU Limited Announces THE PYE-DOG Earns Four Nominations at the 27th Hong Kong Film Awards

BEIJING, March 17 /Xinhua-PRNewswire-FirstCall/ -- MyStarU.com, Inc. (OTC Bulletin Board: MYST) announced today that its subsidiary's, MyStarU Limited ( http://www.mystaru.com/ ), 'THE PYE-DOG', a joint investment film in Hong Kong, has earned four nominations at the 27th Hong Kong Film Awards ( http://www.hkfaa.com/nominee/home.html ).

'THE PYE-DOG' was awarded top honors at the Japan Asian Marine Film Festival 2007, and was awarded the European Assessed Best Youth Film Award at The German International Innocence Film Festival 2007. "MyStarU has been partnering with All in One Media Limited in Hong Kong to jointly invest in the production of THE PYE-DOG. The film had successful theatrical screenings in Hong Kong, Taiwan and Singapore, and has already returned our investment. Currently, worldwide distribution through TV, DVD and the Internet, will see long-term profits, as forecasted," said Alan Lun, CEO of MyStarU.com, Inc.

About MyStarU.com, Inc.

MyStarU.com, Inc. (MYST) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. MyStarU.com, Inc. does business in Asia via its wholly-owned subsidiaries, Mystaru Ltd. ( http://www.mystaru.com/ , http://www.skyestar.com/ , http://www.goongreen.org/ , http://www.icurls.com/ ) and majority owned subsidiary Subaye.com, Inc. ( http://www.subaye.com/ ).

Safe Harbor

The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

For more information, please contact: Ms. Helen Wang MyStarU.com, Inc. Tel: +86-10-6702-6968 Email: IR@MyStarU.com

MyStarU.com, Inc.

CONTACT: Ms. Helen Wang for MyStarU.com, Inc. at +86-10-67026968 or
IR@MyStarU.com

Web Site: http://www.mystaru.com/

Newly Redesigned eddiebauer.com Delivers an Exciting Hands-On Shopping Experience

SEATTLE, March 17 /PRNewswire-FirstCall/ -- Building on its legacy of innovation and outstanding customer service, Eddie Bauer has redesigned eddiebauer.com to create an online experience that delivers the ease and interactivity of shopping at one of its stores. For the past two years, Web designers and programmers at Eddie Bauer have taken direct feedback from hundreds of customers to rebuild the site while bringing the style and quality of the Eddie Bauer brand to life. With the new eddiebauer.com, shoppers can virtually "pick up" items without ever losing their place, see details up close immediately, and determine product availability in real time.

NEW eddiebauer.com highlights: -- Fast Find Navigation: Easy-to-see product categories are listed at the top of the screen, so there's no need to scroll down to find what you need. -- 25% Larger Images: The Eddie Bauer adventure comes to life with bigger, more dynamic photography that captures the clothing and gear in action. A larger, more extensive image library also provides detailed views with multiple product angles, colors, patterns, and advanced auto zoom capability. -- Easy Product Preview: Click on any item anywhere on the website and you can "pick it up" for more information without ever losing your place. More mouse-over technology displays additional product features instantly. -- Real Time Inventory Status: Whether an item is in stock, sold out, or available at a later date, shoppers know when the product will ship even before adding the item to the shopping bag.

The redesigned website further positions Eddie Bauer as a leading multi-channel retailer, complementing the store and catalog experience. "From the moment you enter the home page until the final checkout, the process is more intuitive, streamlined, and gives the shopper better customer service like you might experience in one of our retail stores," says David Makuen, Vice President, Marketing for Eddie Bauer. "The new site also establishes the infrastructure for future upgrades based on the evolving nature of online shopping and our customers' changing needs."

To view the new Eddie Bauer website, visit eddiebauer.com For more information, contact: Anita Woo (425) 755-8832 About Eddie Bauer

Established in 1920 in Seattle, Eddie Bauer is a specialty retailer that sells casual sportswear and accessories for the active outdoor lifestyle. The Eddie Bauer brand is a nationally recognized brand that stands for high quality, innovation, style and customer service. Eddie Bauer products are available at approximately 364 stores throughout the United States and Canada, through catalog sales and online at http://www.eddiebauer.com/.

Safe Harbor Statements

This press release contains forward-looking statements. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends," "potential" and similar expressions. All of the forward-looking statements contained in this press release are based on estimates and assumptions made by our management. These estimates and assumptions reflect our best judgment based on currently known factors. Although we believe such estimates and assumptions are reasonable, they are inherently uncertain and involve risks and uncertainties. In addition, management's assumptions about future events may prove to be inaccurate. We caution you that the forward-looking statements contained in this press release are not guarantees of future events, and we cannot assure you that such statements will be realized. In all likelihood, actual results will differ from those contemplated by such forward-looking statements as a result of a variety of factors, including our inability to hire, retain and train key personnel; delays in enhancement of our disclosure controls and procedures; our inability to revitalize Eddie Bauer as a premium quality brand; changes in general economic conditions, consumer confidence and consumer spending patterns; risks associated with legal and regulatory matters; risks associated with rising energy costs; risks associated with reliance on information technology; challenges as a result of our involvement in our former parent's bankruptcy process; the diversion of management's attention from operations while establishing post-emergence infrastructure; our inability to improve profitability of our retail stores, catalogs and website operations; our inability to source our requirements from our current sourcing agents; a significant disruption in our back-end operations; the inability of our joint venture partners to operate our joint ventures effectively; our inability to protect our trademarks and other proprietary intellectual property rights; unseasonable or severe weather conditions; our inability to use our net operating losses to reduce taxes; and the other risks identified in our periodic reports filed pursuant to the Securities Exchange Act of 1934, as amended. Except as required by law, we undertake no obligation to update any of these forward-looking statements.

Eddie Bauer

CONTACT: Anita Woo of Eddie Bauer, +1-425-755-8832

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

Novell and Atos Origin Form Global Partnership to Jointly Deliver Innovative Compliance and Governance SolutionsPremiere and INEM first European customers of joint offering

SALT LAKE CITY and PARIS, March 17 /PRNewswire-FirstCall/ -- BrainShare(R) 2008 -- Novell and Atos Origin, an international IT services company, are partnering to deliver new joint compliance and governance solutions. Leveraging Novell's award-winning identity and security management technologies and Atos Origin's consulting, systems integration and managed operations services, the companies will deliver end-to-end solutions to allow customers to meet stringent security, governance and compliance requirements. As a result, customers can reduce both risk and cost through automating their user provisioning, access and security monitoring processes.

"We are very pleased to see the cooperation between Novell and Atos Origin," said Günter Weinrauch, vice president of Information Management for Premiere, Germany's leading cable TV operator. "Like any customer, we want our key service and software partners to work together to deliver solutions tailored for our environment so we don't have to spend time and resources internally in deploying and integrating technology. We've already seen the first fruits of the partnership in a core infrastructure solution delivered by the two companies, and we look forward to expanding this to cover security and management solutions, as well."

Eugenio Garcia, chief security officer at Instituto de Empleo Servicio Publico de Empleo Estatal (INEM), the Spanish State Public Employment Services, said, "Novell's solutions contribute to INEM's strategy to focus more strongly on identity, security and access management. Over the recent years, both Atos Origin and Novell have proven to be reliable providers. We applaud the strategic partnership between these two companies as they are key providers for INEM."

"Our partnership with Novell expands our leadership in the identity and security management arena and will help us better address our customers' security challenges," said Francis Delacourt, executive vice president of global managed operations at Atos Origin. "Novell's technology can proactively address business needs for a real-time, comprehensive compliance solution that integrates people, systems and processes. With our strong customer relationships worldwide, including our unique position with clients in the IT outsourcing market, Atos Origin is very well positioned to deliver mission-critical governance and compliance solutions to large customers."

Focus

The partnership will initially focus on identity and security management and will be rolled out in major European countries. The three areas of initial focus will be:

-- Identity management and provisioning: automate and integrate employee provisioning and de-provisioning to reduce costs, meet compliance requirements and map to existing business processes. -- Access management: grant secure access to users, both inside and outside the company, from any location, integrating with existing authentication frameworks. -- Security information and event monitoring: monitor, remediate and report on security incidents on the network, meeting governance and compliance requirements.

"The importance of IT security is now top of mind for business executives as well as governments and regulators, given the public focus on major security incidents over the past year," said analyst Eric Domage, research manager, security products and services, for IDC. "Global partnerships such as the agreement announced by Novell and Atos Origin will be important in delivering efficient security solutions to IT organizations, which face increasing regulation as well as growing pressure to address business concerns."

Ron Hovsepian, president and CEO of Novell, said, "As a leading global IT services firm, Atos Origin is a great partner for Novell for expanding our governance and compliance solutions in the market. Today's announcement is another important step forward in Novell's strategy of leveraging strategic partners to drive our product growth. We look forward to expanding our joint collaboration with Atos Origin over time to bring additional Linux and systems management solutions to customers."

About Atos Origin

Atos Origin is an international information technology services company. Its business is turning client vision into results through the application of consulting, systems integration and managed operations. The company's annual revenues are EUR 5,8 billion and it employs over 50,000 people in 40 countries. Atos Origin is the Worldwide Information Technology Partner for the Olympic Games and has a client base of international blue-chip companies across all sectors. Atos Origin is quoted on the Paris Eurolist Market and trades as Atos Origin, Atos Worldline and Atos Consulting.

About Novell

Novell, Inc. delivers the best engineered, most interoperable Linux* platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.

Novell is a registered trademark and BrainShare is a registered service mark of Novell, Inc. in the United States and other countries. *Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.

Novell, Inc.

CONTACT: Charlotte Betterley of Novell, Inc., +1-781-464-8253,
cbetterley@novell.com; or Jose de Vries of Atos Origin, +31 6 30 27 26 11,
jose.devries@atosorigin.com

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

IT Execs Want More-Effective Collaboration; Novell Teaming + Conferencing Provides Flexibility That Promotes Creativity and Team ProductivityNovell Teaming + Conferencing is a flexible, next-generation collaboration suite delivering increased productivity and knowledge sharing to customers, allowing people and technology to work as one

SALT LAKE CITY, March 17 /PRNewswire-FirstCall/ -- (BrainShare(R) 2008) Novell today released details of a study by IDG Research Services that found while collaboration tools are very important for companies, their effectiveness leaves much to be desired. The study, commissioned by Novell, surveyed 100 senior IT executives on their experiences with and plans for collaboration software. A full 80 percent said it is of critical or high importance that individuals in their companies have the ability to collaborate securely within and beyond organizational boundaries, but fewer than half said their current collaboration solutions are extremely or very effective in enabling collaboration among individual knowledge workers or among teams and virtual teams.

"Providing employees with collaboration tools that enable them to work together effectively, no matter where they may be located, is no longer a wish-list or nice-to-have item -- it's a requirement," said Kent Erickson, senior vice president and general manager of Workgroup Solutions for Novell. "But it's a requirement that is not being adequately addressed for most organizations. The IDG research clearly points to a market need for flexible, next-generation collaboration tools that can deliver all the benefits of increased productivity and knowledge sharing, along with IT interoperability and choice of application vendors. Novell Teaming + Conferencing, Novell's team workspace and real-time collaboration solution, fills that market need."

Novell(R) Teaming + Conferencing supports interoperability, greater flexibility and a new model for collaboration through a more "open" technology development process that allows customers and partners to participate in product innovation. Open standards and open source-inspired online workspaces and social networking with real-time conferencing help individuals and teams be more productive and organizations be more successful. Novell Teaming + Conferencing helps boost end-user and team productivity and reduce overall customer costs by improving the everyday business processes people engage in to create, share, discuss and manage information, allowing people and technology to work as one.

When the 31 survey respondents who said they were using more flexible, next-generation collaboration platforms were asked which benefits they are already experiencing, the top responses were increased productivity (48 percent); improved communication and knowledge sharing among staff, partners and suppliers (39 percent); and the ability to capture and exploit knowledge (39 percent). More than a third cited reduced costs, including reduced travel expenses, along with better decision-making throughout the organization and better alignment among employees, teams and management.

According to the IDG survey, companies are particularly interested in ensuring their knowledge workers use collaboration tools to increase organizational innovation, productivity and efficiency, with 67 percent of respondents saying it is of critical or high importance. And 52 percent say it is of critical or high importance that their knowledge workers have access to next-generation collaboration tools and software like wikis, blogs and online team workspaces, which are all part of Novell Teaming + Conferencing.

Customers Benefit from Teaming + Conferencing

Novell Teaming + Conferencing is making a difference for customers around the world. The City of Dublin (Ohio), Metropolitan Bank Group, RTC Industries, Save Mart Supermarkets, Suffolk University, Victor Valley College and Weber School District are finding the benefits of flexible collaboration with Novell Teaming + Conferencing.

"As a self-supplied grocery retailer, we are extremely focused on business value, which ultimately translates into satisfying our customers and earning more of their business," said James Sims, vice president of IT and CIO of Save Mart Supermarkets, Lucky and FoodMaxx. "To that end, we are constantly striving for operational efficiencies. The benefits of real-time collaboration and asynchronous collaboration through Novell Teaming + Conferencing absolutely fulfill our criteria for business value in terms of facilitating the coordination of efforts across teams in a fast-moving, distributed and lean organization such as ours."

More information on Novell Teaming + Conferencing and complete results of the IDG Research Services collaboration survey of IT executives can be found at http://www.novell.com/teaming.

About Novell

Novell, Inc. delivers the best engineered, most interoperable Linux* platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.

Novell is a registered trademark and BrainShare is a registered service mark of Novell, Inc. in the United States and other countries. *Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.

Novell, Inc.

CONTACT: Kevan Barney of Novell, Inc., +1-801-861-2931,
kbarney@novell.com; or Amy Anderson of SHIFT Communications, +1-617-779-1825,
aanderson@shiftcomm.com, for Novell, Inc.

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

Novell and PlateSpin Unveil Joint Solutions at BrainShareFirst look at how ZENworks Orchestrator combined with PlateSpin enables data center transformation and helps organizations around the world manage mixed-IT environments

SALT LAKE CITY, March 17 /PRNewswire-FirstCall/ -- BrainShare(R) 2008 -- Novell today announced it will be offering a first look at next-generation data center management at BrainShare 2008. This event will showcase the offerings available today from Novell(R) and PlateSpin* that deliver complete workload lifecycle management, helping customers plan, provision, protect and optimize their data center provided services. These solutions reinforce Novell's ability to harmoniously integrate mixed IT environments, allowing people and technology to work as one. The combined solutions allow customers to seamlessly move workloads between physical and virtual environments creating greater agility and reducing server sprawl, complexity and costs in their IT infrastructure.

"Today's data center is quickly evolving to a mix of physical and virtual resources, often with multiple overlapping virtualization platforms," said Chris Wolf, senior analyst at Burton Group. "A vendor solution which is capable of managing workloads across this mixed IT environment will soon no longer be a luxury, but rather a necessity. True competitive advantage is realized with an IT infrastructure that is capable of dynamically responding to changing business requirements as they occur. If a customer's existing management solution is incapable of orchestrating resources across both physical and virtual infrastructures, then it's time to explore solutions that do."

Together, Novell and PlateSpin offer the only heterogeneous data center automation solutions on the market that provide customers the flexibility to manage mixed IT environments. This is another key step as Novell builds out its strategy as a leading infrastructure software company that can make interoperability a reality. Customers can now fully manage the lifecycle of their data center. First, analyzing which workloads to virtualize with PlateSpin PowerRecon*. Next, converting the workloads from physical to virtual machines, as well as virtual back to physical, with PlateSpin PowerConvert*. Finally, converted workloads can be inventoried, categorized and provisioned with Novell ZENworks(R) Orchestrator. This comprehensive approach continually monitors the data center and responds to demands automatically, ensuring the most effective and efficient IT infrastructure, while maintaining service level objectives.

In addition, ZENworks Orchestrator brings high availability to the virtual infrastructure, which, when paired with PlateSpin Forge, will allow virtual machines to be continually backed up to provide disaster recovery control. This gives customers an affordable option for ensuring business continuity.

Joe Wagner, senior vice president and general manager of Novell Systems and Resource Management, said, "Both Novell and PlateSpin are committed to interoperability and heterogeneous support for leading operating systems and virtual platforms. With Novell's recently announced plans to acquire PlateSpin, customers will not have to rip out their existing IT investments. Instead, they will continue to have the freedom to choose the tools and systems that work best in their environment, while benefiting from the unique synergies that Novell and PlateSpin offer for managing both their physical and virtual data centers."

For more information, visit http://www.novell.com/platespin or http://www.platespin.com/novell.

About Novell

Novell, Inc. delivers the best engineered, most interoperable Linux platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.

Novell and ZENworks are registered trademarks and BrainShare is a registered service mark of Novell, Inc. in the United States and other countries. *Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.

Novell, Inc.

CONTACT: Kerry Adorno of Novell, +1-781-464-8042, kadorno@novell.com; or
Amanda Munroe of SHIFT Communications, +1-617-779-1816, amunroe@shiftcomm.com,
for Novell, Inc.

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

Novell Extends Identity and Security Management Capabilities With New Technology PartnersCustomers benefit from trusted partner expertise, integration with Novell solutions and seamless technical support

SALT LAKE CITY, March 17 /PRNewswire-FirstCall/ -- (BrainShare(R) 2008) -- Responding to customer needs for a seamless end-to-end identity and security infrastructure, Novell today announced seven new vendors have joined its identity and security management technology partner ecosystem. Enterprises today are faced with defending against increasing security threats and meeting compliance in a complex and heterogeneous IT environment. By teaming with these vendors, Novell helps customers cost-effectively increase security and streamline their identity infrastructure by delivering a broader choice of solutions. Products from the new partners, when combined with Novell's identity and security management offerings, will enable enterprises to further leverage Novell's solutions to solve specific business challenges.

"The identity and security market continues to grow rapidly, both in solution sets and more demanding customer requirements," said Gerry Gebel, vice president and service director at Burton Group. "Distributed business models, workforces and applications that are supported by heterogeneous technologies require flexible solutions that deliver more immediate value for customers. No single vendor can meet all these demands, so a vibrant partner and implementation ecosystem is vital."

New partners Aveksa, Blackbird Group, Eurekify, Layer 7 Technologies, LogLogic, Quest Software and SailPoint Technologies were selected to become Novell identity and security management partners because of their expertise in specific security technologies. These vendors extend Novell's partner ecosystem beyond its global strategic alliances with companies like Honeywell, Microsoft and SAP, and its PartnerNet(R) program with hundreds of independent software and hardware vendors. Working with these technology vendors is another example of how Novell, through its infrastructure software and partnerships, harmoniously integrates mixed-IT environments, allowing people and technology to work as one.

"Novell is committed to expanding our partner ecosystem to help customers address their business challenges," said Jim Ebzery, senior vice president of Identity and Security Management at Novell. "We welcome the addition of these seven new partners, as they augment our ability to deliver the industry's best and most comprehensive portfolio of solutions designed to control access, manage identity and prove compliance."

Novell's new partners have a product or expertise that integrates well with Novell's identity and security management portfolio. Customers also benefit from seamless technical support -- no matter which vendor is contacted, issues are tracked and resolved by either Novell or the technology partner.

-- Aveksa: Enhances governance capabilities for managing roles as well as reviewing and certifying access rights in the enterprise, complementing Novell Identity Manager and Novell Sentinel(TM). -- Blackbird Group: Strengthens backup and restore capabilities for Novell Identity Manager and Novell eDirectory(TM). -- Eurekify: Provides enhanced privilege, role and policy management capabilities for Novell Identity Manager Roles Based Provisioning Module. -- Layer 7 Technologies: Extends the reach of Novell Access Manager(TM) to include security and management of Web services. -- LogLogic: Provides enterprise-wide log management and intelligence to augment Novell Sentinel and Novell Identity Manager with user activity history, long-term log storage and forensic review and search capabilities. -- Quest Software: Extends the reach of Novell Identity Manager to include users, rights and authentication on Linux* and UNIX* systems with Microsoft Active Directory. -- SailPoint Technologies: Provides access certification, policy enforcement, and identity risk management to complement Novell Identity Manager and Novell Sentinel.

"In this age of ever-tightening compliance mandates and escalating security threats, companies do not have the luxury of taking a piecemeal approach to security," said Dominique Levin, executive vice president of Marketing, Products and Business Development at LogLogic. "Managing identity access is a must for protection against internal threats, but the IT governance and compliance problem is wide in scope. This partnership allows for LogLogic's log management capabilities to bolster Novell's identity and security management offerings and for customers to add another brick to their enterprise security fortress."

For more information about Novell's identity and security management portfolio, visit http://www.novell.com/management/security.

About Novell

Novell, Inc. delivers the best engineered, most interoperable Linux platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.

Novell is a registered trademark, BrainShare and PartnerNet are registered service marks, and eDirectory, Access Manager and Sentinel are trademarks of Novell, Inc. in the United States and other countries. *Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.

Novell, Inc.

CONTACT: Charlotte Betterley of Novell, +1-781-464-8253,
cbetterley@novell.com; or Amanda Munroe of SHIFT Communications,
+1-617-779-1816, amunroe@shiftcomm.com, for Novell

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

Novell and SAP Deepen Relationship to Enable Customers of All Sizes to Run, Manage and Secure Mission-Critical Operations on LinuxExpanded relationship furthers SAP's commitment to open source community

SALT LAKE CITY, March 17 /PRNewswire-FirstCall/ -- BrainShare(R) 2008 -- In order to deliver expanded support options to companies running their business operations on SAP applications and the SUSE(R) Linux Enterprise operating system, Novell and SAP AG today announced an extension of their long-standing relationship. In a move that will help meet the growing demand for SUSE Linux Enterprise and provide support for the open source community, Novell and SAP are planning to offer enhanced options for customers who choose to run open source. As part of this initiative, the companies will work together to enable SAP's industry-leading enterprise applications to work with SUSE Linux Enterprise and Novell's virtualization and identity management technologies to provide new data center options for customers. In addition, the companies plan to optimize SUSE Linux Enterprise for SAP's data center infrastructure requirements, further promote SAP(R) Business All-in-One solutions based on SUSE Linux Enterprise and collaborate within the SAP Enterprise Services Community program to help strengthen customers related to the SAP governance, risk and compliance (GRC) practices. As a result, companies of all sizes will be enabled to run more of their mission-critical operations on SUSE Linux Enterprise, helping to further lower the total cost of ownership (TCO). The announcement was made at BrainShare, Novell's global partner and customer conference, being held in Salt Lake City from March 16-21.

"From our entrance into the Linux market, our focus has been on delivering Linux for mission-critical deployments in the data center, and this relationship with SAP is a key step forward in that effort," said Ron Hovsepian, Novell president and CEO. "We can now offer one of the best data center platforms and application stacks on the market, bar none. Extending this cooperation will make this a real game-changing relationship in the marketplace. We are excited to cooperate with SAP to deliver mission-critical applications on SUSE Linux Enterprise, along with top virtualization and security management capabilities."

"As Linux continues to grow as a mainstream platform for supporting business applications, it becomes increasingly important for collaborative relationships between application software vendors such as SAP and infrastructure software vendors such as Novell," said Al Gillen, research vice president, System Software at IDC. "This development, support and go-to-market effort should make it possible for SAP and Novell to deliver a better- integrated and more technically complete solution than users could achieve by assembling the same components on their own today. The end result is a lower barrier to adoption for SAP applications, particularly for midmarket companies, and an expanded addressable market for SUSE Linux Enterprise Server."

New Virtualization Offerings Provide Data Center Options for Customers

The broad agreement between Novell and SAP is designed to enable SAP's industry-leading enterprise applications to work with SUSE Linux Enterprise and Novell's virtualization and security management technologies to provide powerful new data center options for customers. Working under the agreement, Novell plans, supported by SAP, to optimize SUSE Linux Enterprise for SAP's data center infrastructure requirements, create an SAP Business All-in-One solution based on SUSE Linux Enterprise for small businesses and midsize companies, provide virtualization management for the Adaptive Computing Controller tool from SAP with Novell(R) ZENworks(R) Orchestrator, and integrate Novell's identity and security management solutions with the SAP(R) GRC Access Control application.

Novell and SAP will integrate ZENworks Orchestrator, Novell's cross- platform virtualization management solution, with the Adaptive Computing Controller tool within the SAP NetWeaver(R) technology platform. This integration will increase virtualization options for SAP customers and therefore can support the reduction of costs and allows for optimized deployment of SAP applications.

Optimized SUSE Linux Enterprise Provides Open Platform for SAP Applications

As part of their expanded relationship, Novell will work with SAP to create an optimized version of SUSE Linux Enterprise that will bring even more value to SAP customers. Through a variety of engagements -- including SAP(R) Hosting services, the SAP Developer Network (SDN) community, SAP(R) Business ByDesign(TM) and SAP Business All-in-One solutions -- Novell and SAP have made SAP applications available on SUSE Linux Enterprise. As a result, customers may see a reduced complexity of application deployments and are enabled to lower costs. SAP suggests SUSE Linux Enterprise Server to its customers with SAP Business All-in-One as a recommended Linux platform.

SAP is also using SUSE Linux Enterprise Server (64-bit version) as one of the platforms for its SAP NetWeaver(R) Business Intelligence Accelerator (SAP NetWeaver BI Accelerator) software, an appliance jointly developed with HP, IBM and Intel that improves the performance of business intelligence queries, reduces administration tasks and shortens batch processes. This enhanced offering gives customers fast response times, regardless of the volume of data, number of users or complexity of analysis.

Offerings Optimized for SME Customers

While more than 700 of SAP's midmarket customers are already embracing SUSE Linux Enterprise, the recently announced collaboration with Intel will provide a new dimension of integration (see March 4, 2008, press release titled "SAP and Intel Collaborate to Offer Pre-Installed Business Solutions for Midsize Companies Optimized for Quad Core Intel(R) Xeon(R) Processors"). The new offering for SAP Business All-in-One will be designed to combine business software, database, operating system and hardware into one optimized package, which will provide lower TCO for customers. The included hardware and software components will be pre-tested to help enable a faster time to value and to increase investment protection, and will be available through local OEMs in various geographies.

Furthermore, SAP has also chosen SUSE Linux Enterprise Server as the platform for its hosted offering, SAP Business ByDesign, giving midmarket customers powerful, scalable, cost-effective access to SAP applications.

Enhanced Governance, Risk and Compliance Solutions

SAP and Novell are collaborating within the SAP Enterprise Services Community program, hosted by SAP, to strengthen customers' governance, risk and compliance practices by supporting business access risk policies directly to user provisioning activities. Novell's cross-platform identity and security management offerings will leverage Web services available with SAP GRC Access Control, further enabling customers to extend compliant user provisioning across the complete enterprise, including the SAP application environment and systems from other vendors. By leveraging SAP GRC Access Control, companies are enabled to maintain compliance by matching employees' security authorizations with their roles and duties. The solution features user provisioning capabilities, which help manage compliant access across customers' varied IT landscapes.

"Organizations worldwide are increasingly turning to open source solutions with Linux as their core platform, so teaming with Novell and offering our customers SAP applications on SUSE Linux Enterprise meets a direct customer need," said Leo Apotheker, deputy CEO and president of Customer Solutions and Operations, SAP. "Our cooperation goes beyond Linux to leverage industry-leading technologies from each company to give customers high-value, low-complexity solutions to pressing challenges such as regulatory requirements and optimizing applications in virtualized environments. This relationship marks another step forward in SAP's support of open source and standards-based computing."

Furthermore, SAP is using SUSE Linux Enterprise Server internally as its Linux development platform, ensuring SAP applications are engineered from the ground up to run well on Linux.

For more information on the partnership and joint offerings from Novell and SAP, visit http://www.novell.com/partners/sap.

About SAP

SAP is the world's leading provider of business software*. Today, more than 46,100 customers in more than 120 countries run SAP(R) applications -- from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver(R) technology platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at http://www.sap.com/)

(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

About Novell

Novell, Inc. delivers the best engineered, most interoperable Linux* platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.

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.

Copyright (C) 2008 SAP AG. All rights reserved.

SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver 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 are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

Novell, SUSE and ZENworks are registered trademarks and BrainShare is a registered service mark of Novell, Inc. in the United States and other countries. *Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.

Novell, Inc.

CONTACT: Kevan Barney of Novell, +1-801-861-2931, kbarney@novell.com; or
Astrid Polchen of SAP, +49 (6227) 7-47644, CET, astrid.poelchen@sap.com; or
Rachel Allen of Burson-Marsteller for SAP, +1-415-591-4041, PDT,
rachel.allen@bm.com; or SAP Press Office, +49 (6227) 7-46315, CET,
+1-610-661-3200, EDT, press@sap.com

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

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