Online Game Emerges From Stephen King's 'The Mist' at Blockbuster.ComGamers Get To Live The Movie, See Exclusive Footage For Free

DALLAS, March 18 /PRNewswire-FirstCall/ -- "The Mist" is rolling in today, with Blockbuster Inc. launching a free online game inspired by the Stephen King film at its website, http://www.blockbuster.com/. The game pits players against the predatory "Mist" creatures from the movie and highlights that BLOCKBUSTER(R) will have exclusive rentals of The Weinstein Company film when it is released on DVD on March 25.

Now through April 8, "The Mist" game will give gamers a chance to live the movie. Players must defeat a series of predators, battling their way through three levels based on scenes in the film. Those who escape the mist and win the game get a sneak peak of an exclusive interview with Stephen King and director/screenwriter Frank Darabont. The full version of this interview will be featured on the rental DVD, exclusively available at participating BLOCKBUSTER stores and online at http://www.blockbuster.com/.

The public can access the game at http://www.blockbuster.com/. In addition to the game, the landing page will feature the movie trailer, an option to rent the DVD and the option to receive a coupon redeemable for one $1.99 DVD rental at participating BLOCKBUSTER stores.

Based on the horror novella by Stephen King, "The Mist" tells the story of a mysterious mist that rolls into the town of Bridgton, Maine. David Drayton and his young son Billy are among a group of terrified townspeople who are trapped in a local grocery store by a strange, otherworldly mist. David is the first to realize there are "things" lurking in the mist -- deadly, horrifying things, not of this world. In this legendary tale of terror from master storyteller Stephen King, the thin veneer of civilization is stripped away, the masks are discarded and the true horror is revealed as us.

"The Mist" is part of an agreement that provides BLOCKBUSTER with exclusive U.S. rental rights to The Weinstein Company's theatrical and direct-to-video films, which are distributed by Genius Products, LLC. Other recent Weinstein Company releases made available for rent exclusively through Blockbuster include the Stephen King/Frank Darabont film "1408," "The Nanny Diaries" starring Scarlett Johansson, the Michael Moore documentary "Sicko" and the "Grindhouse" double feature including Quentin Tarantino's "Death Proof" and Robert Rodriguez's "Planet Terror."

About Blockbuster

Blockbuster Inc. is a leading global provider of in-home movie and game entertainment, with more than 7,800 stores throughout the Americas, Europe, Asia and Australia. The company may be accessed worldwide at http://www.blockbuster.com/.

About The Weinstein Company

The Weinstein Company was created by Bob and Harvey Weinstein, the brothers who founded Miramax Films Corp. in 1979. TWC is a multi-media company that officially launched on October 1, 2005. Dimension Films, the genre label that was founded in 1993 by Bob Weinstein, is also included under the TWC banner. The Weinsteins are actively working on the production, development and acquisition of projects for TWC.

About Genius Products

Genius Products, Inc. (BULLETIN BOARD: GNPI) , along with The Weinstein Company Holdings LLC, together owns Genius Products, LLC, a leading independent home-entertainment distribution company that produces, licenses and distributes a valuable library of motion pictures, television programming, family, lifestyle and trend entertainment on DVD and other emerging platforms through its expansive network of retailers throughout the U.S. Genius handles the distribution, marketing and sales for such brands as Asia Extreme(TM), Discovery Kids(TM), Dragon Dynasty(TM), Dimension Films(TM), Entertainment Rights, Classic Media and Big Idea (Entertainment Rights group companies), ESPN(R), IFC(R), RHI Entertainment(TM), Sesame Workshop(R), The Weinstein Company(R) and WWE(R). Genius Products, Inc. is the managing member of Genius Products, LLC, in which it holds a 30% equity interest.

Blockbuster Inc.

CONTACT: Tami Cannizzaro of Blockbuster Inc., +1-214-854-3190

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

Flextronics Completes Phase One of Arima Computer Corporation Acquisition

SINGAPORE, March 18 /PRNewswire-FirstCall/ -- Flextronics today announced that it has completed phase one of a two-phase acquisition of Arima Computer Corporation's ("Arima") notebook and server businesses. Phase one included the acquisition of the design and services groups of Arima, which was completed on March 18, 2008. The second phase of the acquisition will include the acquisition of Arima's notebook and server manufacturing facility in WuJiang, China, and is expected to close in April 2008. Arima Computer's notebook and server businesses will become part of the Flextronics Computing segment, which provides world-class design, build, ship, and logistics services to customers in the desktop PC, notebook PC, server, storage device, and computer peripherals industries. Upon completion of the two-phase transaction, Flextronics will have acquired all of Arima's design, manufacturing and services resources related to notebooks and servers.

"Closing phase one of this acquisition significantly enhances our ODM server offering and significantly strengthens our position in the rapidly growing notebook market," said Sean Burke, president of Flextronics Computing. "We are pleased to welcome Arima's talented design and services employees to our team, as we continue to strengthen our world-class solutions for the computing marketplace."

About Flextronics

Headquartered in Singapore (Singapore Reg. No. 199002645H), Flextronics is a leading Electronics Manufacturing Services (EMS) provider focused on delivering complete design, engineering and manufacturing services to automotive, computing, consumer digital, industrial, infrastructure, medical and mobile OEMs. With the acquisition of Solectron, pro forma fiscal year 2007 revenues from continuing operations are more than US$30.0 billion. Flextronics helps customers design, build, ship, and service electronics products through a network of facilities in 30 countries on four continents. This global presence provides design and engineering solutions that are combined with core electronics manufacturing and logistics services, and vertically integrated with components technologies, to optimize customer operations by lowering costs and reducing time to market. For more information, please visit http://www.flextronics.com/.

This press release contains forward-looking statements. These forward-looking statements include statements related to plans, projections and estimates regarding the acquisition. These forward-looking statements are based on current assumptions and expectations and involve risks and uncertainties that could cause actual results to differ materially from those anticipated. These risks include that the growth prospects and any other synergies expected from the acquisition may not be fully realized due to difficulties integrating the businesses, operations and product lines of Arima, may take longer to realize than expected, and the other risks affecting Flextronics as described under "Business -- Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our quarterly and annual reports and other filings with the U.S. Securities and Exchange Commission. The forward-looking statements in this communication are based on current expectations and Flextronics assumes no obligation to update these forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements.

Flextronics

CONTACT: Thomas J. Smach, Chief Financial Officer, +1-408-576-7722,
investor_relations@flextronics.com, or Renee Brotherton, Vice President,
Corporate Communications, +1-408-576-7189, renee.brotherton@flextronics.com,
both of Flextronics

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

SMIC Participates in SEMICON China 2008

SHANGHAI, China, March 18 /Xinhua-PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; HKSE: 0981.HK), one of the leading semiconductor foundries in the world and the largest in China, is currently participating in SEMICON China 2008 from March 18 through 20 at the Shanghai New International Expo Center (SNIEC). This year marks SMIC's fifth consecutive appearance at the event.

SEMICON China 2008, celebrating its 20th anniversary, is co-organized by Semiconductor Equipment and Materials Institute (SEMI) and China Electronic Chamber of Commerce (CECC). For a third straight year, the IC Design Suppliers Pavilion, held in conjunction with SEMICON China, and in which SMIC is participating, is again organized by the Fabless Semiconductor Association (FSA) and Shanghai IC Association (SICA). The three-day event and conference, focused on semiconductor manufacturing technology, is expected to attract over 1,100 exhibitors and over 30,000 visitors.

As in previous years, SMIC is showcasing its latest technologies and product offerings at its booth, including 90nm masks, 90nm Logic wafers, and 300mm silicon wafers, as well as product samples of 3G TD-SCDMA and CMOS image sensor chips, isMIC(TM) chips, and more. In addition, Dr. William Lee, VP of Sales and Marketing from SMIC, is delivering a keynote speech entitled ''Spotlight on China's IC Industry'' in the CEO Wafer Processing Technology Forum on the afternoon of March 18.Other senior executives from SMIC are invited to present and appear at various seminars and conferences.

Visitors can find SMIC at booth 1401 in Hall W1 of the Shanghai New International Expo Center (SNIEC) for the duration of SEMICON China 2008 from Tuesday, March 18 through Thursday, March 20, 2008.

About SMIC

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

For more information, please contact: Peter Lin Public Relations Tel: +86-21-5080-2000 x12349 Email: Peter_LHH@smics.com Angela Miao Public Relations Tel: +86-21-5080-2000 x10088 Email: Angela_Miao@smics.com

Semiconductor Manufacturing International Corporation

CONTACT: Peter Lin, Public Relations, +86-21-5080-2000 x12349, or
Peter_LHH@smics.com; or Angela Miao, Public Relations, +86-21-5080-2000 x10088,
or Angela_Miao@smics.com

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

Misys and Allscripts Create a Leader in Healthcare Software

LONDON, March 18 /PRNewswire-FirstCall/ -- In a video interview Mike Lawrie, CEO Misys, and Glen Tullman, CEO Allscripts, talk about the combination of Misys Healthcare and Allscripts to create a leader in US healthcare software and the opportunities for the new business. The interview and transcript are available now on http://www.cantos.com/.

By proceeding to view the materials you warrant that you are not located in the US and you agree that you will not transmit or otherwise send any information contained in this website to any person in the US or to publications with a general circulation in the US.

Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries@cantos.com or phone +44-207-9360-1333.

Misys plc

CONTACT: If you would like to contact us, please email
enquiries@cantos.com or phone +44-207-9360-1333

SCM Microsystems Reports 2007 Fourth Quarter and Year End ResultsOperating and Net Profit Achieved in 2007 Fourth Quarter

ISMANING, Germany, March 18 /PRNewswire-FirstCall/ -- SCM Microsystems, Inc. (Nasdaq: SCMM; Prime Standard: SMY), a leading provider of solutions that open the Digital World, today announced final results for its fourth quarter and fiscal year ended December 31, 2007.

Fourth Quarter 2007 Results

Revenue from continuing operations in the fourth quarter of 2007 was $9.7 million, up 3% from $9.4 million in the fourth quarter of 2006. By product segment, fourth quarter 2007 PC Security revenue, reflecting sales of smart card readers and other products for secure network and physical access, was $7.3 million, flat with PC Security sales levels in the fourth quarter of 2006. Digital Media Reader revenue, reflecting sales of OEM digital media reader technology, was $2.4 million, up 12% from $2.1 million in the fourth quarter of 2006.

Gross margin in the fourth quarter of 2007 was 43%, compared with gross margin of 42% in the fourth quarter of 2006.

Operating expenses in the fourth quarter of 2007, as determined in accordance with GAAP, were $4.1 million, compared with GAAP operating expenses of $3.5 million in the fourth quarter of 2006, which included amortization of intangibles and restructuring and other charges of $0.2 million.

As determined in accordance with GAAP, operating income for the fourth quarter of 2007 was $0.1 million, compared with operating income of $0.4 million in the year ago quarter.

As expected, interest income had a positive effect on the Company's financial results in the fourth quarter and resulted in GAAP income from continuing operations of $0.4 million, or $0.02 per share, compared with GAAP income from continuing operations of $0.7 million, or $0.05 per share, in the fourth quarter of 2006.

Earnings before interest, taxes, depreciation and amortization (EBITDA) in the fourth quarter of 2007 was $27,000, compared with a EBITDA of $0.5 million in the fourth quarter of 2006. (See reconciliation of EBITDA to GAAP accounting contained within this press release.)

Fiscal 2007 Results

Revenue for the year ended December 31, 2007 was $30.4 million, down 9% from $33.6 million for the year ended December 31, 2006. By product segment, PC Security revenue was $24.4 million, up 3% from $23.7 million in fiscal 2006. Digital Media Reader revenue was $6.0 million in fiscal 2007, down 39% from $9.9 million in fiscal 2006, primarily as a result of the loss of a major customer at the beginning of 2007, which higher sales in the second half of the year did not offset. Gross margin in 2007 was 42%, compared with 35% in 2006. Loss from continuing operations in 2007, as determined in accordance with GAAP, was ($3.3) million, or ($0.21) per share, compared with GAAP loss from continuing operations of ($7.7) million, or ($0.49) per share in 2006.

Total net loss for fiscal year 2007, as determined in accordance with GAAP, was ($1.9) million, or ($0.12) per share, including a loss from discontinued operations of ($0.2) million and a gain on the sale of discontinued operations of $1.6 million, compared to total net income of $1.0 million in fiscal year 2006, or $0.07 per share, including a gain from discontinued operations of $3.5 million and a gain on the sale of discontinued operations of $5.2 million.

Cash and cash equivalents at December 31, 2007 were $32.4 million, compared with cash and cash equivalents of $36.9 million at December 31, 2006. "During 2007, SCM maintained momentum in an increasingly competitive environment, while continuing to leverage the increased efficiency of our organization. Improved gross margins and lower expenses helped narrow our net loss for the year," said Stephan Rohaly, chief financial officer of SCM Microsystems.

"Over the past several months we have strengthened our management team with broader industry experience, added new sales resources to expand our geographic coverage, and begun to put in place a growth strategy based on delivering new products for new and existing markets," said Felix Marx, chief executive officer of SCM Microsystems. "Clearly, it will take time and dedicated focus to create the sustainable growth that we desire. Our strategy builds on SCM's strengths as an innovative developer and trusted supplier of smart card readers to the financial, government and enterprise sectors. Our aim is to establish SCM as a significant supplier of Near Field Communication and other contactless reader technology for fast growing global markets such as electronic and mobile payments."

Guidance for 2008

For fiscal 2008 as a whole, the Company expects to achieve revenue growth between 25% and 35%, which would result in revenues of $38 million to $41 million for the year. The Company's projections of revenue growth are based on the planned release of new products currently under development, which are forecasted to generate increased sales volumes beginning in the second half of 2008. The Company further expects base operating expenses between $17 million and $20 million in 2008, including anticipated further investments in sales resources and development activities to address growth initiatives. Within these ranges, the Company currently expects to record both operating and net profit from continuing operations for the full 2008 fiscal year.

Additional Information

SCM does not plan to hold a conference call or webcast to discuss the results of its 2007 fourth quarter and year end. For more information on SCM's fiscal 2007 results, please see the Company's Annual Report on Form 10-K for year ended December 31, 2007, filed with the U.S. Securities and Exchange Commission on March 18, 2008.

About SCM Microsystems

SCM Microsystems is a leading provider of solutions that open the Digital World by enabling people to conveniently access digital content and services. The company develops, markets and sells the industry's broadest range of smart card reader technology for secure PC, network and physical access and digital media readers for transfer of digital content to OEM customers in the government, financial, enterprise, consumer electronics and photographic equipment markets worldwide. Global headquarters are in Ismaning, Germany. For additional information, visit the SCM Microsystems web site at http://www.scmmicro.com/.

NOTE: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These include, without limitation, the statements by Felix Marx and our statements contained above regarding our expectations for the Company's fiscal year 2008 revenue growth, operating expenses and expected operating and net profit from continuing operations. These statements are based on current expectations or beliefs, as well as a number of preliminary assumptions about future events that are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated herein. Our financial results may not meet expectations. Readers should not unduly rely on these forward-looking statements, which are not a guarantee of future performance and are subject to a number of risks and uncertainties, many of which are outside our control, that could cause our actual business and operating results to differ, including, but not limited to, our ability to grow market share and revenues based on a strategy of developing and selling new products into current and new markets; our ability to successfully develop and introduce new products that satisfy the evolving and increasingly complex requirements of customers; the fact that sales to a relatively small number of customers historically have accounted for a significant percentage of the Company's revenue; the markets in which we participate or target may not grow, converge or standardize at anticipated rates or at all, including the financial, government and enterprise security markets that we are targeting; we may not successfully compete in the markets in which we participate or target; competitors could take market share or create pricing pressure; and we may not be successful in maintaining operating expenses at current or lower levels. For a discussion of further risks and uncertainties related to our business, please refer to our public company reports filed with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2007.

All trade names are trademarks or registered trademarks of their respective holders.

--Financials Follow-- SCM MICROSYSTEMS, INC. Condensed Consolidated Statements of Operations (in thousands, except per share data) (unaudited, except for twelve months figures) Three months ended Twelve months ended December 31, December 31, 2007 2006 2007 2006 Revenues $9,714 $9,428 $30,435 $33,613 Cost of revenues 5,580 5,505 17,781 21,756 Gross profit 4,134 3,923 12,654 11,857 Operating expenses: Research and development 795 652 3,123 3,767 Sales and marketing 1,802 1,444 6,603 7,498 General and administrative 1,479 1,210 7,132 7,548 Amortization of intangible assets -- 170 272 666 Restructuring and other charges (credits) -- 54 (4) 1,120 Total operating expenses 4,076 3,530 17,126 20,599 Income (loss) from operations 58 393 (4,472) (8,742) Interest and other, net 294 316 1,293 1,125 Income (loss) from continuing operations before income taxes 352 709 (3,179) (7,617) Benefit (provision) for income taxes 11 (26) (113) (73) Income (loss) from continuing operations 363 682 (3,292) (7,690) Gain (loss) from discontinued operations (13) 715 (215) 3,508 Gain (loss) on sale of discontinued operations 17 (63) 1,586 5,224 Net income (loss) $367 $1,334 $(1,921) $1,042 Loss per share from continuing operations: Basic and diluted $0.02 $0.05 $(0.21) $(0.49) Gain (loss) per share from discontinued operations: Basic and diluted $0.00 $0.04 $0.09 $0.56 Net income (loss) per share: Basic and diluted $ 0.02 $ 0.09 $(0.12) $0.07 Shares used in computing loss per share: Basic 15,736 15,683 15,725 15,638 Diluted 15,759 15,714 15,725 15,638

Note: Financial results contained in this release reflect continuing operations of the Company's PC Security and Digital Media Reader businesses only. The Company completed the sale of its Digital TV solutions business in May 2006; therefore, financial results for the Digital TV solutions business are being accounted for as discontinued operations.

SCM MICROSYSTEMS, INC. Reconciliation of EBITDA Calculation to GAAP Accounting (in thousands) (unaudited) Three Months Ended Twelve Months Ended December 31, December 31, 2007 2006 2007 2006 EBITDA $27 $523 $(4,238) $(7,931) Interest income 405 407 1,639 1,350 Provision for income taxes 11 (26) (113) (73) Depreciation and amortization (80) (222) (580) (1,036) Net income (loss) from continuing operations $363 $ 682 $(3,292) $(7,690)

We conduct a significant amount of our business in Europe, we are dually traded on the U.S. Nasdaq and German Prime Standard stock exchanges, our corporate headquarters are located in Germany and the majority of our investors are German-based. Based on these factors, we have determined that EBITDA is a relevant measure of performance for our company, as it is a metric commonly used among companies doing business in Europe and is therefore a helpful tool for communicating our performance to our investors and analysts and for comparisons to other companies in Europe and within our industry.

EBITDA should be considered in addition to, but not as a substitute for, other measures of financial performance determined in accordance with accounting principles generally accepted in the United States. While we believe that EBITDA is useful within the context described above, it is in fact incomplete and not a measure that should be used to evaluate the full performance of the Company or its prospects. Such evaluation needs to consider all of the complexities associated with our business including, but not limited to, how past actions are affecting current results and how they may affect future results, how we have chosen to finance the business and how regulations and the other aforementioned items affect the final amounts that are or will be available to shareholders as a return on their investment. Net income determined in accordance with U.S. GAAP is the most complete measure available today to evaluate all elements of our performance. Similarly, our Consolidated Statement of Cash Flows, as presented in our most recent filings with the Securities and Exchange Commission, provide the full accounting for how we have decided to use resources provided to us from our customers, lenders and shareholders.

SCM MICROSYSTEMS, INC. Condensed Consolidated Balance Sheets (in thousands) December 31, December 31, ASSETS 2007 2006 Current assets: Cash, cash equivalents and short-term investments $ 32,444 $ 36,902 Accounts receivable, net 8,638 6,583 Inventories 2,738 1,927 Other current assets 1,455 2,489 Total current assets 45,275 47,901 Property, equipment and other assets, net 3,289 3,182 Intangibles, net -- 272 Total assets $ 48,564 $ 51,355 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $3,063 $4,572 Accrued expenses and other current liabilities 8,185 11,362 Total current liabilities 11,248 15,934 Long-term income taxes payable 200 -- Deferred tax liability 77 103 Stockholders' equity 37,039 35,318 Total liabilities and stockholders' equity $ 48,564 $ 51,355

SCM Microsystems, Inc.

CONTACT: Stephan Rohaly, Chief Financial Officer, +49 89 95 95 5101,
srohaly@scmmicro.de, or Darby Dye, Investor Relations-US, +1-510-249-4883,
ddye@scmmicro.com, both of SCM Microsystems, Inc.

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

Misys and Allscripts Create a Leader in Healthcare Software

LONDON, March 18 /PRNewswire/ -- In a video interview Mike Lawrie, CEO Misys, and Glen Tullman, CEO Allscripts, talk about the combination of Misys Healthcare and Allscripts to create a leader in US healthcare software and the opportunities for the new business. The interview and transcript are available now on http://www.cantos.com.

By proceeding to view the materials you warrant that you are not located in the US and you agree that you will not transmit or otherwise send any information contained in this website to any person in the US or to publications with a general circulation in the US.

Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries@cantos.com or phone +44-207-9360-1333.

Misys plc

If you would like to contact us, please email enquiries@cantos.com or phone +44-207-9360-1333

TechTeam Introduces IT Shared Service Desk Concept in ScandinaviaSuccessful ITSS concept is expanding in the Nordic region

SOUTHFIELD, Mich., March 18 /PRNewswire-FirstCall/ -- TechTeam Global, Inc., , a worldwide provider of information technology (IT), enterprise support and business process outsourcing services, today announced its opening of an IT Shared Service Desk located in Stockholm, Sweden.

With the expansion in the Nordic region, TechTeam now has three Shared IT Service Desks in Europe -- in Stockholm, Sweden; Brussels, Belgium and Bucharest, Romania. Together, these locations deliver support primarily in English, French, Dutch, Italian, Portuguese, German, Romanian and Swedish; however, they also provide the same support in a variety of other languages.

"The Nordic IT Service Desk is a natural progression for TechTeam's expansion in northern Europe following our acquisition of SQM Sverige in February 2007. We now offer full outsourcing services from our own site in Scandinavia," says Christoph Neut, TechTeam's Senior Vice President of EMEA.

When using TechTeam's service desk concept, small and mid-sized companies gain the same advantages as large corporations, utilizing multilingual support 24/7 with improved quality toward the end user. Initially, the languages supported from the Swedish site will be Swedish and English. Other Nordic languages will be added according to the future needs of the company's clients, while other European languages are supported by TechTeam's other locations in Europe.

"The Scandinavian service desk gives us the opportunity to offer a wider range of value-added services to our clients such as desktop, server, network and security monitoring 24/7. We are developing a unique portfolio of service offerings to the many local companies with multinational presence," states Charlotte Meurling, Managing Director of Sweden.

About TechTeam Global, Inc.

TechTeam Global, Inc. is a worldwide provider of information technology, enterprise support and business process outsourcing services to Fortune 1000 corporations, multinational companies, product providers, small and medium- sized companies, and government entities. TechTeam's ability to integrate computer services into a flexible, ITIL-based solution is a key element of its strategy. Partnerships with some of the world's "best-in-class" corporations provide TechTeam with unique expertise and experience in providing information technology support solutions. For information about TechTeam Global, Inc. and its services, call 800-522-4451 from the United States or visit our Web sites at http://www.techteam.com/ and http://www.techteam.eu/. TechTeam's common stock is traded on the Nasdaq Global Market under the symbol "TEAM."

Safe Harbor Statement

The statements contained in this press release that are not purely historical, including statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future, are 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. Forward-looking statements include statements regarding, among other things, the Company's performance going forward. Forward-looking statements may be identified by words including, but not limited to, "anticipates," "believes," "intends," "estimates," "promises," "expects," "should," "conditioned upon," and similar expressions. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such factors include, but are not limited to, delays in the implementation of the new service model, the inability of TechTeam to staff the project with sufficient qualified resources, changes in the customer's business or the requirements thereof, unanticipated problems that arise from the transition from the customer's former service model, and other difficulties in providing the service solutions for the customer. All forward- looking statements included in this press release are based on information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statements. Prospective investors should also review the Company's Reports on Forms 8-K, 10-Q, and 10- K filed with the United States Securities and Exchange Commission, including Management's Discussion and Analysis of Financial Condition and Results of Operations, and the risks described therein from time to time.

TechTeam Global, Inc.

CONTACT: Christoph Neut, Senior Vice President EMEA, TechTeam Global
NV-SA, +32 2 620 20 20, cneut@techteam.com, or Charlotte Meurling, Managing
Director, Sweden, TechTeam SQM AB, +46 8 586 185 04,
charlotte.meurling@sqm.se

Web site: http://www.techteam.com/
http://www.techteam.eu/
http://www.techteam.com/governmentsolutions

ACS Completes Acquisition of sds business services GmbH

DALLAS, March 18 /PRNewswire/ --

Affiliated Computer Services, Inc. (NYSE: ACS) today announced that it has completed its acquisition of sds business services GmbH. The company purchased sds from Waterland Private Equity Investments (Waterland) and funded the transaction with cash on hand.

Based in Mulheim an der Ruhr, Germany, sds will enhance ACS' global information technology capabilities in Germany and Europe with its expertise in data center and infrastructure services and application-related solutions.

"The addition of sds' employees and their expertise is an ideal fit for ACS and our clients," said Derrell James, ACS senior managing director of IT Outsourcing. "Their business model aligns with our client philosophy and enables ACS to continue our expansion in Europe and abroad."

Founded in 1969, sds specializes in fully outsourced data center and infrastructure services, including application hosting and maintenance, system design and integration, IT consulting, and IT lifecycle management. Additionally, it has broad expertise in SAP consulting and integration services, as well as customized software development. Over time, ACS will integrate its full suite of ITO service offerings into the sds portfolio for delivery to its global clientele.

Waterland Private Equity Investments is an independent private equity firm operating in The Netherlands, Belgium, and Germany, with euro 620 million in funds under management. Waterland focuses on consolidation strategies, investing in fragmented growth markets in the services sector that are undergoing transformation as a consequence of one or more of the following trends: outsourcing & efficiency, aging population, and leisure and luxury. Waterland's portfolio includes a.o. Fa-Med (market leader in medical A/R management in The Netherlands), Senior Living Group (market leader for private retirement and nursing homes in Belgium), and Loewen Play (games arcade operator in Germany). Waterland operates from offices in Bussum (The Netherlands), Antwerp (Belgium), and Dusseldorf (Germany).

ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at www.acs-inc.com.

The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.

Web site: http://www.acs-inc.com

Affiliated Computer Services, Inc.

Investor Relations Contact, Jon Puckett, Vice President, Investor Relations, +1-214-841-8281, jon.puckett@acs-inc.com; Media Contact, Tom Clary, Director, Corporate Communications, +1-214-841-8110, tom.clary@acs-inc.com, both of Affiliated Computer Services, Inc.

ACS conclut l'acquisition de sds business services GmbH

DALLAS, March 18 /PRNewswire/ --

Affiliated Computer Services, Inc. (NYSE : ACS) a annoncé aujourd'hui la conclusion de l'acquisition de sds business services GmbH. La société a acquis sds auprès de Waterland Private Equity Investments (Waterland) et a financé la transaction en espèces en caisse.

Basée à Mulheim an der Ruhr, en Allemagne, sds améliorera les capacités des technologies de l'information d'ACS en Allemagne et en Europe grâce à ses vastes connaissances en services de centre de données et d'infrastructures et en solutions relatives aux applications.

<< L'intégration des employés de sds est un atout idéal pour ACS et nos clients en raison de leurs compétences >>, a commenté Derrell James, directeur général de l'externalisation informatique chez ACS. << Leur modèle d'affaires sied à merveille à la philosophie de nos clients et permet à ACS de poursuivre son expansion en Europe et à l'étranger. >>

Fondée en 1969, sds est spécialisée dans les services d'infrastructures et les centres de données entièrement externalisés, y compris l'hébergement et l'entretien d'applications, la conception et l'intégration de systèmes, le conseil informatique et la gestion du cycle de vie technologique. De plus, elle jouit de vastes compétences en conseil et services d'intégration SAP, ainsi qu'en matière de développement de logiciels personnalisés. À terme, ACS intégrera sa suite complète de services externalisés dans le portefeuille sds pour le bénéfice de sa clientèle mondiale.

Waterland Private Equity Investments est une société indépendante de capital investissement opérant aux Pays-Bas, en Belgique et en Allemagne, avec des fonds sous gestion de 620 millions d'euros. Waterland se concentre sur les stratégies de consolidation et investit dans les marchés porteurs fragmentés dans le secteur des services en pleine mutation, en raison de l'un ou de plusieurs des facteurs suivants : externalisation et efficacité, vieillissement de la population, loisirs et luxe. Le portefeuille de Waterland comprend, entre autres, Fa-Med (leader du marché en gestion A/R médicale aux Pays-Bas), Senior Living Group (leader du marché des maisons de retraite et de soins privées en Belgique) et Loewen Play (exploitant de jeux d'arcade en Allemagne). Waterland possède des bureaux à Bussum (Pays-Bas), Anvers (Belgique) et Düsseldorf (Allemagne).

ACS, une société figurant au classement FORTUNE 500 et forte de 62 000 collaborateurs au service des clients, opère dans plus de 100 pays. Elle fournit des solutions en technologies d'information et d'externalisation de processus d'affaires à des entrepreneurs de renommée mondiale et aux organismes gouvernementaux. Les actions ordinaires de classe A de la société sont échangées à la Bourse de New York sous le symbole << ACS>>. Pour plus d'informations sur ACS, veuillez consulter le site www.acs-inc.com.

Les déclarations du présent communiqué de presse qui ne se rapportent pas directement à des faits historiques constituent des << déclarations prospectives >> telles que définies par la loi Private Securities Litigation Reform Act de 1995. Ces déclarations sont sujettes à de nombreux risques et incertitudes, dont un bon nombre échappe au contrôle de la Société. Il est par conséquent impossible de garantir qu'il n'y ait aucun écart considérable entre les événements et résultats réels et les résultats anticipés décrits dans lesdites déclarations prospectives. Certains facteurs peuvent entraîner un écart important entre les résultats réels et les déclarations prospectives. Pour en savoir plus sur ces facteurs, reportez-vous aux documents antérieurs déposés par la société auprès de la Securities and Exchange Commission, dont notre dossier le plus récent. ACS décline toute intention ou obligation de réviser toute déclaration de nature prospective, suite à l'apparition de nouvelles informations, de nouveaux éléments ou autres.

Site Web : http://www.acs-inc.com

Affiliated Computer Services, Inc.

Contact relations avec les investisseurs, Jon Puckett, vice-président, relations avec les investisseurs, +1-214-841-8281, jon.puckett@acs-inc.com; Contact médias, Tom Clary, directeur, communications d'entreprise, +1-214-841-8110, tom.clary@acs-inc.com, tous les deux d'Affiliated Computer Services, Inc.

Cellcom Israel Announces 2007 Annual and Fourth Quarter ResultsCellcom Israel Concludes Record Year with the Highest Growth Rates in the Israeli Cellular Market:Annual net Income Increased 56.2%; EBITDA(1) up by 13.5%Cellcom Israel Declares a Fourth Quarter and a one Time Extraordinary Dividend of NIS 7.18 per Share (Totals Approx. NIS 700 Million)

NETANYA, Israel, March 18 /PRNewswire-FirstCall/ -- 2007 Annual Highlights (results compared to 2006):

- Total Revenues from services increased 8% to NIS 5,387 million ($1,401 million)

- Revenues from content and value added services (including SMS) increased 46%, reaching 9.1% of services revenues

- Total Revenues (including revenues of end-user equipment) increased 7.6% to NIS 6,050 million ($1,573 million)

- EBITDA increased 13.5% to NIS 2,115 million ($550 million); EBITDA margin 35.0%, up from 33.2%

- Operating income increased 29.7% to NIS 1,341 million ($349 million) - Net income increased 56.2% to NIS 873 million ($227 million)(2) - Free Cash Flow (1) increased 27.1% to NIS 1,073 million ($279 million)

- Subscriber base increased by approx. 189,000, reaching approx. 3.073 million at the end of 2007

- 3G subscribers reached approx. 419,000 at the end of 2007

- The Company Declared fourth quarter and one-time extraordinary dividend of NIS 7.18 per share, bringing the aggregate dividends distributed for 2007 to NIS 1,355 million (NIS 13.90 per share)

Fourth Quarter 2007 Highlights (results compared to fourth quarter of 2006):

- Total Revenues from services increased 8% to NIS 1,372 million ($357 million)

- Revenues from content and value added services (including SMS) increased 47.8%, reaching 9.9% of services revenues

- Total Revenues (including revenues of end-user equipment) increased 10.7% to NIS 1,584 million ($412 million)

- EBITDA increased 10.8% to NIS 482 million ($125 million); EBITDA margin 30.4%, similar to the fourth quarter last year

- Operating income increased 22.0% to NIS 283 million ($74 million) - Net income increased 31.7% to NIS 183 million ($48 million)

- Subscriber base increased by approx. 57,000 subscribers during the fourth quarter

Cellcom Israel Ltd. ("Cellcom Israel", the "Company"), announced today its financial results for 2007 and for the fourth quarter ended December 31, 2007. Revenues for 2007 and for the fourth quarter 2007 totaled NIS 6,050 million ($1,573 million) and NIS 1,584 million ($412 million) respectively; EBITDA for 2007 totaled NIS 2,115 million ($550 million), or 35.0% of revenues and for the fourth quarter 2007 - NIS 482 million ($125 million), or 30.4% of revenues; and net income for 2007 and for the fourth quarter reached NIS 873 million ($227 million) and NIS 183 million ($48 million), respectively. Earnings per basic share for 2007 and fourth quarter 2007 reached NIS 8.95 ($2.33) and NIS 1.88 ($0.49), respectively.

Mr. Ami Erel, Chairman of the Board noted: "I would like to thank the Company and its employees for the exceptional performance in 2007, further establishing the Company's position as the Israeli cellular market leader. The Company's fourth quarter results show the continuous momentum and successful preparation for the implementation of number portability."

Commenting on the results, Amos Shapira, Chief Executive Officer said, "This has been a record year of financial and operational results at Cellcom Israel. During 2007 we met, and even exceeded, our expectations in every financial and operational parameter. We presented higher service revenue growth than the market for the second sequential year in row, attesting to the continuing positive trend.

Our aggressive approach to both revenues and expenses enabled us to present an increase of 13.5% in EBITDA and of 30% in operating income, making us the highest EBITDA generating cellular company in the market. We continued to grow revenues and profitability in the fourth quarter despite the continuing price erosions in the market.

Eighteen months after launching our HSDPA 3.5 G services, our 3G subscriber base increased by approximately 138,000 subscribers in the fourth quarter of 2007 and reached 419,000 as of the end of 2007, all of which are post-paid. Our HSPA network is the most advanced network, enabling us to provide the fastest Mobile Broadband services in Israel. Last year we focused on ongoing marketing efforts to drive usage and new product introduction, while steadily reducing expenses and implementing efficiency measures throughout our operations. During 2007, we further enhanced our investment in customer service by, among others, expanding our workforce. This is in line with the Company's strategy to constantly improve service levels and customer satisfaction. We further strengthened our relationship with our customers through broad and successful marketing initiatives and the launch of innovative and new perception marketing plans such as "Cellcom Israel by the second", emphasizing once again Cellcom Israel's innovation and marketing initiative."

Relating to the introduction of number portability, Mr. Shapira added: "In the second half of the 2007 we invested additional resources in order to maintain our commitment to offer high customer service levels, as well as attracting new high-quality subscribers. In 2007 the company continued to lead the Israeli Cellular market and retained its market share. Furthermore, in 2007 the company surpassed the 3 million subscriber mark clearly positioning the company as Israeli largest cellular company. Number Portability, which was introduced to the market in December 2007, has become an integral part of the company's operation and currently accounts to less than 20% of the Company's sale transactions, while the balance continues to be traditional sale transactions. During the year we surpassed the 3 million subscriber mark, clearly positioning the Company as Israel's largest cellular company. I'm very pleased with our subscriber growth rate, as well as with the increase in content and value added service revenues, which reached 9.1% of our service revenues this year. Furthermore, our landline and transmission services, although not yet material to our overall revenues, contributed directly to higher revenues and profitability, serving as another growth driver for the Company. In early 2008, we enhanced our offering in the landline services by offering our customers a variety of new advanced services, using the Next Generation Network (NGN) recently purchased. We met all our goals with respect to the landline communication market."

Tal Raz, Chief Financial Officer commented: "We are very pleased with the substantial increase in profitability, despite the increasing competition in the industry, the introduction of number portability and regulatory pressures. The improved profitability was mainly the result of a 12% increase in airtime minutes, higher revenues from content services as well as ongoing cost efficiencies. These improvements were partially offset by an increase in customer retention expenses, especially towards, and after, the introduction of number portability, as well as expenses associated with expanding the Company's workforce. On the other hand, our ongoing efficiency measures contributed to a decline in marketing, sales, administrative and general expenses as percentage of revenues both on an annual and quarterly basis. We achieved these results despite ongoing price erosions, which totaled approximately 3% in the fourth quarter and approximately 6% in the full year 2007. This is definitely a record year for Cellcom Israel, in which Free Cash Flow continued to be strong, rising 27% compared to last year. The improved free cash flow is a direct result of the Company's improved financial performance, enabling us to distribute a fourth quarter and a one-time extraordinary dividend of NIS 7.18 dividend per share, or a total of approximately NIS 700 million."

Main Financial Highlights: Million NIS % of % Million US$ Revenues Change (convenience translation) 2007 2006 2007 2006 2007 2006 Revenues - Services 5,387 4,986 89.0% 88.7% 8.0% 1,401 1,297 Revenues - Equipment 663 636 11.0% 11.3% 4.2% 172 165 Total revenues 6,050 5,622 100.0% 100.0% 7.6% 1,573 1,462 Cost of revenues - Services 2,572 2,493 42.5% 44.3% 3.2% 669 648 Cost of revenues - Equipment 800 780 13.2% 13.9% 2.6% 208 203 Total cost of revenues 3,372 *3,273 55.7% 58.2% 3.0% 877 851 Gross Profit 2,678 2,349 44.3% 41.8% 14.0% 696 611 Marketing and Sales Expenses 685 656 11.3% 11.7% 4.4% 178 171 General and Administration Expenses 652 659 10.8% 11.7% 4.4% 178 171 Operating income 1,341 1,034 22.2% 18.4% 29.7% 349 269 Finance Expenses, net (156) (155) (2.6%) (2.8%) 0.6% (41) (40) Other Expenses, net (3) * (6) (0.1%) (0.1%) (50.0%) (1) (2) Income before Taxes on Income 1,182 873 19.5% 15.5% 35.4% 307 227 Taxes on Income 309 * 314 5.1% 5.6% (1.6%) 80 82 Net Income 873 559 14.4% 9.9% 56.2% 227 145 Cash Flow from Operating Activities, net of Investing Activities 1,073 844 17.7% 15.0% 27.1% 279 219

* Restated due to initial implementation of a new Israeli Accounting Standard No. 27. For details see Note 2.U.2 to our financial statements as of December 31, 2007.

Key Performance Indicators: 2007 2006 % Change 2007 2006 Million NIS Million US$ (convenience translation) EBITDA 2,115 1,864 13.5% 550 485 EBITDA, as percent of Revenues 35.0% 33.2% 5.4% 35.0% 33.2% Subscribers end of period (in thousands) 3,073 2,884 6.6% Estimated Market Share(3) 34% 34% - Churn Rate (in %) 16.3% 16.8% (3.0%) Average Monthly MOU (in minutes) 348 * 333 4.5% Monthly ARPU (in NIS) 149 * 149 - 38.7 38.7

* Restated to reflect the full impact of the change in our subscriber calculation methodology implemented in July 2006 to allow comparison to 2007.

Financial Review

Revenues for 2007 totaled NIS 6,050 million ($1,573 million), a 7.6% increase compared to NIS 5,622 million ($1,462 million) in 2006. The increase in revenues resulted both from an 8.0% increase in revenues from services, reaching NIS 5,387 million ($1,401 million) compared to NIS 4,986 million ($1,297 million) in 2006, as well as from a 4.2% increase in handset and accessories' revenues, which increased from NIS 636 million ($165 million) in 2006, to NIS 663 million ($172 million) in 2007. The increase in revenues from services is attributed mainly to an increase of approximately 12% in airtime usage (outgoing and incoming), following the increase in the Company's subscriber base and Minutes of Use ("MOU") per subscriber, as well as a significant increase in revenues from land-line services. The increase also resulted from a 45.6% increase in revenues from content and value added services (including SMS), which totaled in 2007 to NIS 492 million ($128 million), representing 9.1% of revenues from services. The increase in revenues from services was partially offset by the regulatory reduction of interconnect tariffs in March 2007, the regulation in relation to calls ending in voicemail and the continued airtime price erosion. The increase in handset and accessories' revenues primarily resulted from a larger amount of handsets sold during 2007, which was offset in part by a decrease in the average handset sale price, resulting from aggressive sales campaigns, launched mainly during the fourth quarter 2007.

Revenues for the fourth quarter of 2007 totaled NIS 1,584 million ($412 million), a 10.7% increase compared to NIS 1,431 million ($372 million) in the fourth quarter last year. The increase in revenues resulted from a 7.9% increase in revenues from services, to NIS 1,372 million ($357 million) compared to NIS 1,271 million ($330 million) in the fourth quarter last year, as well as from a 32.5% increase in handset and accessories' revenues from NIS 160 million ($42 million) in the fourth quarter last year, to NIS 212 million ($55 million) in the fourth quarter 2007. The increase in revenues from services during the fourth quarter is attributed mainly to an increase of approximately 9% in airtime usage (outgoing and incoming). Revenues also reflected a 47.8% increase in revenues from content and value added services (including SMS) in the fourth quarter 2007, compared to the fourth quarter last year, to NIS 136 million ($35 million), representing 9.9% of revenues from services. The increase in revenues from services was partially offset by the reduction of interconnect tariffs, the regulation in relation to calls ending in voicemail and the ongoing airtime price erosion. The increase in handset and accessories' revenues primarily resulted from a larger amount of handsets sold during the fourth quarter of 2007, which was offset in part by a decrease in the average handset sale price, resulting from aggressive sales campaigns launched during the quarter.

Cost of revenues for 2007 totaled NIS 3,372 million ($877 million), compared to NIS 3,273 million in 2006, an increase of 3.0%. Cost of revenues for the fourth quarter 2007 totaled NIS 958 million ($249 million), compared to NIS 843 million ($219 million) in the fourth quarter last year, an increase of 13.6%. The increase in both the annual and quarterly cost of revenues' primarily resulted from an increase in interconnect expenses due to increase in outgoing calls ending in other operators' networks, as well as an increase in cost of content and value-added services due to increased usage. This also resulted from an increase in handsets cost due to a larger amount of handsets sold during the periods, partially offset by increased efficiency in handset procurement, as well as a decline in the cost of accessories sold during the periods.

Gross profit margin for 2007 increased further reaching to 44.3%, compared to 41.8% last year. Gross profit for 2007 totaled NIS 2,678 million ($696 million), a 14.0% increase compared to NIS 2,349 million ($611 million) in 2006. Gross profit margin for the fourth quarter 2007 declined to 39.5% from 41.1% in the fourth quarter last year due to a significant increase in handsets subsidizing during the quarter compared to the fourth quarter last year. Gross profit for the fourth quarter 2007 totaled NIS 626 million ($163 million), a 6.5% increase compared to NIS 588 million ($153 million), in the fourth quarter last year.

Selling, Marketing, General and Administration Expenses ("SG&A Expenses") for 2007 totaled NIS 1,337 million ($347 million), an increase of 1.7% compared to NIS 1,315 million ($342 million) in 2006. SG&A Expenses for the fourth quarter 2007 totaled NIS 343 million ($89 million), a decrease of 3.7% from NIS 356 million ($93 million) in the fourth quarter 2006. The SG&A Expenses in the full year and fourth quarter 2007 were mainly effected by an increase in salaries and related expenses resulting from the expansion of our workforce, as part of our strategy to constantly improve service level and customer satisfaction, as well as in preparation for the implementation of number portability. Customer retention expenses and marketing efforts, which included, among other things, innovative marketing campaigns, also increased during 2007. As a result of the expanded marketing of innovative new plans with a guaranteed income during 2007, we are required to defer sales commissions related to the acquisition and retention of subscribers bearing guaranteed revenues, and to recognize these commissions as intangible assets to be amortized over the expected life of such subscribers' guaranteed revenues. We started deferring such commissions in the fourth quarter of 2007. The deferred sales commissions in the fourth quarter amounted to approximately NIS 19 million.

Operating income for 2007 increased 29.7%, reaching NIS 1,341 million ($349 million), compared to NIS 1,034 million ($269 million) in 2006. Operating profit for the fourth quarter 2007 increased 22.0%, reaching NIS 283 million ($74 million), compared to NIS 232 million ($60 million) in the fourth quarter last year. EBITDA for 2007 increased 13.5%, reaching NIS 2,115 million ($550 million), compared to NIS 1,864 million ($485 million) in 2006. EBITDA, as a percent of revenues, increased to 35.0% in 2007, compared to 33.2% in 2006. EBITDA for the fourth quarter 2007 increased 10.8%, reaching NIS 482 million ($125 million), compared to NIS 435 million ($113 million) in the fourth quarter 2006. EBITDA for the fourth quarter 2007, as a percent of revenues, totaled to 30.4%, no change from the fourth quarter last year. The increase in the fourth quarter reflects, among other things, the deferral of sales commissions, partially offset by a significant quarterly increase in handsets subsidizing.

Finance Expenses, net for 2007 totaled NIS 156 million ($41 million) similar to 2006. This stability in finance expenses resulted primarily from an increase in interest and linkage expenses to the Israeli Consumer Price Index (CPI), associated with our debentures, following the increase in our debt level following the issuance of two new series of debentures in October 2007, as well as the increased inflation in 2007 of 2.8%, compared to a 0.3% deflation in 2006. This increase was offset by an increase in income from our hedging portfolio, mainly gains from our CPI hedging transactions, a decrease in interest expenses related to our credit facility and an increase in interest income on our short term deposits. Financing expenses for the fourth quarter 2007totaled NIS 19 million ($5 million), compared to NIS 27 million ($7 million) in the fourth quarter last year, a 29.6% decrease. This decrease resulted mainly from an increase in interest income relating to our short term deposits and a decrease in interest expenses relating to our credit facility, due to our reduced indebtedness under the credit facility. The decrease also resulted from an increase in income from our hedging portfolio, mainly gains from our CPI hedging transactions. The decrease in financing expenses in the fourth quarter was partially offset by an increase in interest on our debentures and no CPI linkage income associated with our debentures compared to substantial CPI linkage income in the fourth quarter last year.

In October 2007, the Israeli Supreme Court issued two new rulings readdressing its previous ruling of November 2006 regarding the deductibility of financing expenses for tax purposes, that might be attributed by the Israeli Tax Authority to a financing of dividends. As of June 30, 2007 the Company had an accumulated tax provision in the amount of approximately NIS 72 million, which was based on the possibility that part of the Company's financing expenses would not be recognized as a deductible expense for tax purposes. As a result of the Supreme Court's new rulings of October 2007 and based on the Company's legal counsels' opinion, the Company released the aforesaid tax provision in the third quarter of 2007 and reduced its income tax expenses by approximately NIS 72 million, of which NIS 55.5 million were recorded in 2006.

For additional details see the Company's annual report for the year ended December 31, 2007 on Form 20-F under "Item 5. Operating and Financial Review and Prospects - A. Operating Results - Income tax".

Net Income for 2007 increased 56.2% to NIS 873 million ($227 million) (including a one-time amount following the release of the above noted tax provision), compared to NIS 559 million ($145 million) in 2006. Net income for the fourth quarter 2007 increased 31.7%, reaching NIS 183 million ($48 million), compared to NIS 139 million ($36 million) in the fourth quarter last year. Basic earnings per share for 2007 totaled NIS 8.95 ($2.33), compared to NIS 5.73 ($1.49) in 2006. Basic earning per share for the fourth quarter 2007 totaled NIS 1.88 ($0.49), compared to NIS 1.43 ($0.37) in the fourth quarter 2006.

Operating Review

New Subscribers - at the end of 2007 the Company had approximately 3.073 million subscribers. During 2007 the Company added approximately 189,000 net new subscribers, compared to approximately 201,000 in 2006. In the fourth quarter 2007 the Company added approximately 57,000 net new subscribers, compared to a net increase of approximately 56,000 subscribers in the same period last year. The number of 3G subscribers at the end of 2007 reached approximately 419,000 subscribers, representing 13.6% of the Company's total subscriber base.

The annual Churn Rate in 2007 was 16.3% down from 16.8% in 2006. The churn rate for the fourth quarter 2007 was 4.4%, compared to 3.9% in the fourth quarter last year. The churn in the fourth quarter of 2007 primarily consists of lower contribution pre-paid customers and customers with collection problems.

Average monthly subscriber Minutes of Use ("MOU") in 2007 totaled 348 minutes, compared to 333(4) minutes in 2006, an increase of 4.5%. MOU for the fourth quarter 2007 increased 2.3% and totaled 352 minutes, compared to 344 minutes in the fourth quarter last year.

The monthly Average Revenue per User (ARPU) for 2007, totaled NIS 149 ($38.7), no change from 2006(4). ARPU for the fourth quarter 2007 increased 0.6% and totaled NIS 148 ($38.5), compared to NIS 147 ($38.3) in the fourth quarter last year.

Financing and Investment Review Cash Flow

Free cash flow (Cash provided by operating activities, net of cash used in investing activities) for 2007 increased 27.1%, reaching NIS 1,073 million ($279 million), compared to NIS 844 million ($219 million) generated in 2006. The Company continues to generate, on an ongoing basis, significant levels of free cash flow, as a result of increased revenues, improved cash collection and cost efficiencies, partially offset by an increase in expenses as a result of the expansion in the Company's workforce and the increase in customer retention and acquisition costs, especially in preparation for the implementation of number portability. Free cash flow for the fourth quarter 2007 amounted to NIS 224 million ($58 million), down from NIS 288 million in the fourth quarter last year. The decrease in the fourth quarter 2007 resulted mainly from the expansion of our workforce and from the increase in handsets purchase in preparation for number portability implemented in December 2007.

Shareholders' Equity

Shareholders' Equity as of December 31, 2007, primarily consisting of accumulated undistributed retained earnings, totaled NIS 830 million ($216 million).

Investment in Fixed Assets

During 2007 the Company invested NIS 573 million ($149 million) in fixed assets and intangible assets (including, among others, deferred commissions and investments in information systems and software), compared to NIS 521 million ($135 million) in 2006.

Dividend

On March 17, 2008, the Company's board of directors declared a cash dividend in the amount of NIS 7.18 per share, and in the aggregate amount of approximately NIS 700 million (the equivalent of approximately $2.10 per share and approximately $204 million in the aggregate, based on the representative rate of exchange on March 17, 2008; The actual US$ amount for dividend paid in US$ will be converted from NIS based upon the representative rate of exchange published by the Bank of Israel on April 10, 2008), subject to withholding tax described below. The dividend amount is comprised of a dividend for the fourth quarter of 2007 of NIS 1.78 per share, or approximately NIS 173 million in the aggregate, and a one-time extraordinary dividend for the year 2007 of NIS 5.40 per share, or approximately NIS 527 million in the aggregate. The dividend will be payable to all of the Company's shareholders of record at the end of the trading day in the NYSE on March 31, 2008. The payment date will be April 14, 2008. According to the Israeli tax law, the Company will deduct at source 20% of the dividend amount payable to each shareholder, as aforesaid, subject to applicable exemptions. The one-time extraordinary dividend does not reflect any change to the Company's dividend policy. Further, the dividend per share that the Company will pay for the fourth quarter of 2007 does not reflect the level of dividends that will be paid for future quarterly periods, which can change at any time in accordance with the Company's dividend policy. Dividend declaration is not guaranteed and is subject to the Company's board of directors' sole discretion, as detailed in the Company's annual report for the year ended December 31, 2007 on Form 20-F, under "Item 8 - Financial Information - Dividend Policy".

Financing Issuance of Debentures

In October 2007, the Company issued two new series of debentures, Series C and D, to the public in Israel, in a total principal amount of approximately NIS 1,072 million. In February 2008, subsequent to the balance sheet date, the Company issued, in a private placement, additional debentures for a total principal amount of approximately NIS 574.8 million from its existing series C and D debentures, for a total consideration of approximately NIS 600 million. The debentures were listed for trading on the Tel Aviv Stock Exchange.

For additional details see the Company's annual report for the year ended December 31, 2007 on Form 20-F under "Item 5. Operating and Financial Review and Prospects - B. Liquidity and capital resources - Debt service - Public debentures".

Credit Facility Full Prepayment

In November 2007, the Company voluntarily prepaid approximately 50% of the outstanding term loan under its credit facility, as of that date, in a principal amount of $140 million (comprising of $85 million denominated in US$ and approximately NIS 253 million denominated in NIS).

In March 2008, subsequent to the balance sheet date, the Company voluntarily prepaid the balance of outstanding amounts under its credit facility, in a principal amount of $140 million (comprising of $85 million denominated in US$ and approximately NIS 253 million denominated in NIS), following which, the credit facility was terminated.

For additional details see the Company's annual report for the year ended December 31, 2007 on Form 20-F under "Item 5. Operating and Financial Review and Prospects - B. Liquidity and Capital Resources - Debt Service - Credit facility from bank syndicate".

Conference Call Details

The Company will be hosting a conference call on Tuesday, March 18, 2008 at 09:00 am EDT, 03:00 pm Israel time, and 01:00 pm UK time. On the call, management will review and discuss the results, and will be available to answer questions. To participate, please either access the live webcast on the Company's website, or call one of the following teleconferencing numbers below. Please begin placing your calls at least 10 minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.

US Dial-in Number: 1-888-407-2553 UK Dial-in Number: 0-800-051-8913

Israel Dial-in Number: 03-918-0609 International Dial-in Number: +972-3 918-0609

at: 9:00 am Eastern Time; 6:00 am Pacific Time; 1:00 pm UK Time; 3:00 pm Israel Time

To access the live webcast of the conference call, please access the investor relations section of Cellcom Israel's website: http://investors.ircellcom.co.il/events.cfm. After the call, a replay of the call will be available under the same investor relations section.

Annual report for 2007

Cellcom Israel will be filing its annual report for the year ended December 31, 2007 (on form 20-F) with the US Securities and Exchange Commission today, March 18, 2008. The annual report will be available for download at the Cellcom Israel's website at http://investors.ircellcom.co.il/. Cellcom Israel will furnish a hard copy to any shareholder who so requests, without charge. Such requests may be sent through the Company's website or by sending a postal mail request to Cellcom Israel Ltd., 10 Hagavish Street, Netanya, Israel (attention: Chief Financial Officer).

About Cellcom Israel

Cellcom Israel Ltd., established in 1994, is the leading Israeli cellular provider; Cellcom Israel provides its 3.073 million subscribers (as at December 31, 2007) with a broad range of value added services including cellular and landline telephony, roaming services for tourists in Israel and for its subscribers abroad and additional services in the areas of music, video, mobile office etc., based on Cellcom Israel's technologically advanced infrastructure. The Company operates an HSPA 3.5 Generation network enabling the fastest high speed content transmission available in the world, in addition to GSM/GPRS/EDGE and TDMA networks. Cellcom Israel offers Israel's broadest and largest customer service infrastructure including telephone customer service centers, retail stores, and service and sale centers, distributed nationwide. Through its broad customer service network Cellcom Israel offers its customers technical support, account information, direct to the door parcel services, internet and fax services, dedicated centers for the hearing impaired, etc. In April 2006 Cellcom Israel, through Cellcom Fixed Line Communications L.P., a limited partnership wholly-owned by Cellcom Israel, became the first cellular operator to be granted a special general license for the provision of landline telephone communication services in Israel, in addition to data communication services. Cellcom Israel's shares are traded both on the New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL). For additional information please visit the Company's website http://investors.ircellcom.co.il/

Forward-Looking Statements

The following information contains, or may be deemed to contain forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include projections of our future financial results, our anticipated growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause such differences include, but are not limited to: changes to the terms of our license, new legislation or decisions by the regulator affecting our operations, the outcome of legal proceedings to which we are a party, particularly class action lawsuits, our ability to maintain or obtain permits to construct and operate cell sites, and other risks and uncertainties detailed from time to time in our filings with the U.S. Securities and Exchange Commission, including under the caption "Risk Factors" in our Annual Report for the year ended December 31, 2007.

Although we believe the expectations reflected in the forward-looking statements contained herein are reasonable, we cannot guarantee future results, level of activity, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. We assume no duty to update any of these forward-looking statements after the date hereof to conform our prior statements to actual results or revised expectations, except as otherwise required by law.

The Company presents its financial statements using Israeli General Accepted Accounting Principles. Unless noted specifically otherwise, the dollar denominated figures were converted to US$ using a convenience translation based on the US$\New Israeli Shekel (NIS) conversion rate of NIS 3.846 = US$1 as published by the Bank of Israel on December 31, 2007.

Use of non-GAAP financial measures

EBITDA is a non-GAAP measure and is defined as income before financial income (expenses), net; other income (expenses), net; income tax; depreciation and amortization. This is an accepted measure in the communications industry. The Company presents this measure as an additional performance measure as the Company believes that it enables us to compare operating performance between periods and companies, net of any potential differences which may result from differences in capital structure, taxes, age of fixed assets and related depreciation expenses. EBITDA should not be considered in isolation, or as a substitute for operating income, any other performance measures, or cash flow data, which were prepared in accordance with Generally Accepted Accounting Principles as measures of profitability or liquidity. EBITDA does not take into account debt service requirements, or other commitments, including capital expenditures, and therefore, does not necessarily indicate the amounts that may be available for the Company's use. In addition, EBITDA may not be comparable to similarly titled measures reported by other companies, due to differences in the way these measures are calculated. See the reconciliation between the net income and the EBITDA presented at the end of this Press Release.

Free cash flow is a non-GAAP measure and is defined as the net cash provided by operating activities minus the net cash used in investing activities. See the reconciliation note at the end of this Press Release.

Financial Tables Follow Cellcom Israel Ltd. (An Israeli Corporation) Condensed Consolidated Balance Sheets Convenience Translation into US dollar December 31, December 31, December 31, 2006 2007 2007 NIS millions NIS millions US$ millions (Audited) (Audited) (Audited) Current assets Cash and cash equivalents 56 911 237 Trade receivables, net 1,242 1,385 360 Other receivables 123 133 34 Inventory 131 245 64 1,552 2,674 695 Long-term receivables 526 545 142 Property, plant and equipment, net (**)(*) 2,550 2,368 616 Intangible assets, net (**) 695 685 178 Total assets 5,323 6,272 1,631 Current liabilities Short-term bank credit - 353 92 Trade payables and accrued 819 1,007 262 expenses Other current liabilities 496 543 141 1,315 1,903 495 Long-term liabilities Long-term loans from banks 1,208 343 89 Debentures 1,989 2,983 776 Deferred taxes (*) 212 196 51 Other long-term liabilities 2 17 4 3,411 3,539 920 Shareholders' equity (*) 597 830 216 Total liabilities and 5,323 6,272 1,631 shareholders' equity

(*) Restated due to initial implementation of a new Israeli Accounting Standard No. 27. See Note 2.U.2 to our financial statements as of December 31, 2007.

(**) Reclassified due to initial implementation of a new Israeli Accounting Standard No. 30. See Note 2.U.4 to our financial statements as of December 31, 2007.

Cellcom Israel Ltd. (An Israeli Corporation) Condensed Consolidated Statements of Income Convenience Translation into US dollar Year ended December Year ended December 31, 31, 2007 2005 2006 2007 US$ NIS millions millions (Audited) Revenues 5,114 5,622 6,050 1,573 Cost of revenues * 3,081 * 3,273 3,372 877 Gross profit 2,033 2,349 2,678 696 Selling and marketing expenses 623 656 685 178 General and administrative expenses 656 659 652 169 Operating income 754 1,034 1,341 349 Financial income (expenses), net 24 (155) (156) (41) Other income (expenses), net * (13) * (6) (3) (1) Income before income tax 765 873 1,182 307 Income tax * 234 * 314 309 80 Net income 531 559 873 227 Earnings per share Basic earnings per share (in NIS) * 5.44 * 5.73 8.95 2.33 Diluted earnings per share (in NIS) * 5.44 * 5.73 8.87 2.31 Weighted average number of shares used in the calculation of basic earnings per share (in thousands) 97,500 97,500 97,500 97,500 Weighted average number of shares used in the calculation of diluted earnings per share (in thousands) 97,500 97,500 98,441 98,441

(*) Restated due to initial implementation of a new Israeli Accounting Standard No. 27. See Note 2.U.2 to our financial statements as of December 31, 2007.

Cellcom Israel Ltd. (An Israeli Corporation) Condensed Consolidated Statements of Cash Flows Convenience translation into U.S. dollar Year ended Year ended December 31 December 31 2005 2006 2007 2007 NIS millions US$ millions Cash flows from operating activities: Net income * 531 * 559 873 227 Addition required to present cash flows from operating activities (A) * 741 * 918 771 200 Net cash provided by operating 1,272 1,477 1,644 427 activities Cash flows from investing activities: Addition to property, plant and ** (473) ** (526) (466) (121) equipment Proceeds from sales of property, plant 12 15 4 1 and equipment Investment in intangible assets ** (158) ** (122) (97) (25) Investment in long term deposit - - (12) (3) Net cash used in investing activities (619) (633) (571) (148) Cash flows from financing activities: Repayments under short-term bank credit facility (4,953) (1,222) - - Borrowings under short-term bank credit facility 4,894 1,222 - - Borrowings of long-term loans from banks - 2,155 - - Payment of long-term loans from banks (533) (1,175) (645) (168) Proceeds from issuance of debentures, 1,706 290 1,066 277 net of issuance costs Paid dividend - (3,830) (639) (166) Net cash provided by (used in) financing activities 1,114 (2,560) (218) (57) Increase (decrease) in cash and cash 1,767 (1,716) 855 222 equivalents Balance of cash and cash equivalents 5 1,772 56 15 at beginning of the period Balance of cash and cash equivalents 1,772 56 911 237 at end of the period

(*) Restated due to initial implementation of a new Israeli Accounting Standard No. 27. See Note 2.U.2 to our financial statements as of December 31, 2007.

(**) Reclassified due to initial implementation of a new Israeli Accounting Standard No. 30. See Note 2.U.4 to our financial statements as of December 31, 2007.

Cellcom Israel Ltd. (An Israeli Corporation) Condensed Consolidated Statements of Cash Flows (cont'd) Appendix A - Adjustments required to present cash flows from operating activities Convenience translation into U.S. dollar Year ended Year ended December 31 December 31 2005 2006 2007 2007 NIS millions US$ millions Adjustments required to present cash flows from operating activities Income and expenses not involving cash flows Depreciation and amortization * 889 * 830 774 201 Deferred taxes * (4) * (20) (4) (1) Exchange and linkage differences on - (109) (7) (2) long-term liabilities Capital losses * 4 * 6 4 1 Change in provision for decline in value of land - held for sale 4 - (10) (2) Stock based compensation - - 29 7 Change in other long term liabilities - - 2 - 893 707 788 204 Changes in assets and liabilities Increase in trade receivables (including long-term amounts) (37) (75) (139) (36) Decrease (increase) in other receivables (including long- term amounts) (60) 22 (18) (5) Decrease (increase) in inventories (19) (13) (114) (29) Increase (decrease) in trade payables (15) 4 178 46 (including long-term amounts) Increase (decrease) in other payables and credits (including long-term amounts) (21) 273 76 20 (152) 211 (17) (4) 741 918 771 200 Appendix B - Non- cash activities Non-cash activities Acquisition of property, plant and equipment and intangible assets on credit 314 197 216 56 Receivables in respect of issuance of 46 - - - debentures Tax withheld regarding cash dividend - - 16 4 Supplemental information: Income taxes paid 275 267 313 81 Interest paid 51 124 175 46

(*) Restated due to initial implementation of a new Israeli Accounting Standard No. 27. See Note 2.U.2 to our financial statements as of December 31, 2007.

Cellcom Israel Ltd. (An Israeli Corporation) Reconciliation for Non-GAAP Measures EBITDA The following is a reconciliation of net income to EBITDA: Year ended December 31, Convenience translation into US 2005 2006 2007 dollar NIS NIS NIS 2007 millions millions millions US$ millions Net income * 531 * 559 873 227 Financial expenses (income), net (24) 155 156 41 Other expenses (income) * 13 * 6 3 1 Income taxes * 234 * 314 309 80 Depreciation and amortization * 889 * 830 774 201 EBITDA 1,643 1,864 2,115 550

(*) Restated due to initial implementation of a new Israeli Accounting Standard No. 27. See Note 2.U.2 to our financial statements as of December 31, 2007.

Free Cash Flow The following table shows the calculation of free cash flow: Year ended December 31, Convenience translation into US 2005 2006 2007 dollar NIS NIS NIS 2007 millions millions millions US$ millions Cash flows from operating activities 1,272 1,477 1,644 427 Cash flows from investing activities (619) (633) (571) (148) Free Cash Flow 653 844 1,073 279 ---------------------------------

(1) Please view section "Use of Non-GAAP financial measures" at the end of this press release.

(2) Includes a one time gain following the release of a tax provision; See "Finance Expenses, Net" below.

(3) In order to estimate the Company's market share, the Company was required to estimate the number of subscribers of one of the four Israeli cellular operators - Mirs Communications Ltd. ("Mirs"), as at December 31, 2007, since Mirs does not publish this information.

(4) MOU and ARPU for the full year of 2006 were restated to reflect the full impact of the change in the methodology of calculating our subscriber base implemented in July 2006, to allow comparison to 2007.

Company Contact Investor Relations Contact Shiri Israeli Ehud Helft / Ed Job Investor Relations Coordinator CCGK Investor Relations investors@cellcom.co.il ehud@gkir.com / ed.job@ccgir.com Tel: +972-52-998-9755 Tel: (US) +1-866-704-6710 / +1-646-213-1914

Cellcom Israel Ltd.

CONTACT: Company Contact: Shiri Israeli, Investor Relations
Coordinator, investors@cellcom.co.il, Tel: +972-52-998-9755; Investor
Relations Contact: Ehud Helft / Ed Job, CCGK Investor Relations,
ehud@gkir.com / ed.job@ccgir.com, Tel: (US) +1-866-704-6710 / +1-646-213-1914

New Carbon Footprint Extension by ILOG Empowers Companies to Create Greener Supply ChainsLOGICNET PLUS 6.0 XE Enables Reporting and Optimization of Carbon Emission Levels To Meet Increasing Marketplace Demands for Environmental Awareness

SUNNYVALE, Calif. and PARIS, March 18 /PRNewswire-FirstCall/ -- ILOG(R) (Euronext: ILO) (ISIN: FR0004042364) today announced a new Carbon Footprint extension that will help companies make environmentally-sound choices when designing and planning their supply chains. Available as an extension for LogicTools' market-leading network design and planning solution, LogicNet Plus(R) 6.0 XE is a key offering in ILOG's LogicTools Suite of Supply Chain Applications. The new extension helps companies evaluate the impact of various supply chain network configurations and transportation strategies on their carbon footprint, allowing companies to quickly and easily implement green supply chain initiatives.

Increasing global environmental awareness, along with increased regulatory and governmental pressures in many countries, as well as carbon limits or carbon trading markets, have provided large incentives to companies to reduce their carbon footprints. However, few solutions have been available to help companies evaluate environmental impact, along with cost, when designing their supply chain networks.

"The level of a supply chain's carbon footprint reflects not only potential current and future liabilities in taxes and offset costs, but may reflect inherent inefficiencies in their operations," said David Simchi-Levi, professor at MIT and product strategy consultant to ILOG. "Moreover, the ability to quantify and reduce carbon dioxide may allow companies to earn credits that can be traded with less-efficient companies, as is evident by the 40 billion Euro world-wide market for carbon emission permits in 2007."

For over a decade, LogicNet Plus has been offering advanced optimization technology to help users manage complex supply chains by allowing supply chain managers to do an analysis of the trade-offs between production, warehousing, transportation costs and service requirements, as well as the calculation of the optimal network configuration for different cost and service objectives.

The new Carbon Footprint enhances these capabilities with the following features:

-- Out-of-the-box resource data regarding the carbon emissions associated with various supply chain activities: This built-in capability to incorporate standard data provides the user with valuable resource data regarding the carbon emissions associated with various supply chain activities in plants, warehouses and various modes of transportation. This helps companies get a head start on their Carbon Footprint assessment, which is critical in order for companies to comply with regulatory caps, gain financial benefit through a carbon trading market and align with corporate environmental goals. -- Reporting capability helps users assess carbon emission levels of different supply chain configurations: This report shows the relationship between carbon emissions and supply chain activities, enabling customers to make more environmentally-sound decisions and comply with certain regulations that require carbon emissions inventory reporting, such as the Kyoto Protocol. In essence, users can now easily evaluate trade-offs between cost and service levels and can better understand the environmental trade-offs as well. -- Ability to set a cap on carbon emissions in the supply chain: With this extension, users can set a cap on carbon emissions, and it will act as a non-negotiable constraint when evaluating trade-offs. LogicNet Plus 6.0 XE has the ability to determine the low- cost solution, while not exceeding the specified limit. For example, the extension allows users to optimize their logistics network by incorporating government-imposed caps on carbon dioxide, i.e., the Kyoto Protocol, or through supply chain partners' scorecards. About ILOG Supply Chain Applications

ILOG Supply Chain Applications capitalize on ILOG's 20 years of leadership in optimization and LogicTools' supply chain customers, expertise and thought leadership. Over 250 companies use the LogicTools suite of supply chain applications for network design, production sourcing, inventory optimization, transportation planning, as well as production planning and scheduling. With the acquisition of LogicTools, the company founded in 1995 by David Simchi- Levi, Professor of Engineering Systems at MIT, ILOG today provides solutions that complement Enterprise Resource Planning (ERP) systems and enables companies to make better decisions faster by optimizing their logistics networks and transportation strategy, setting safety stock levels for their sales and operations planning and improving their plant operations through sophisticated production planning and detailed scheduling.

About ILOG

ILOG delivers software and services that empower customers to make better decisions faster and manage change and complexity. Over 3,000 corporations and more than 465 leading software vendors rely on ILOG's market-leading business rule management systems (BRMS), supply chain planning and scheduling applications, as well as its optimization and visualization software components, to achieve dramatic returns on investment, create market-defining products and services, and sharpen their competitive edge. ILOG was founded in 1987 and employs more than 860 people worldwide. For more information, please visit http://www.ilog.com/.

ILOG, ILOG LogicNet Plus 6.0 XE and LogicTools are registered trademarks of ILOG S.A. and ILOG Inc. All other trademarks are the properties of their respective owners.

ILOG

CONTACT: Monika Raj of ILOG, +1-408-991-7128, mraj@ilog.com

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

Verizon Business Works With Asian Partners to Activate, Ahead of Schedule, U.S.-Mainland China Leg of Trans-Pacific ExpressNext-Generation Submarine Cable Will Provide Customers With Much-Needed Capacity

BASKING RIDGE, N.J., March 18 /PRNewswire/ -- Verizon Business is working closely with its Asian partners to activate the U.S.-mainland China portion of the Trans-Pacific Express (TPE) submarine cable in July, a month in advance of the Summer Olympic Games in Beijing, China. TPE is the first next-generation, high-capacity undersea system to link the United States with mainland China, Taiwan and South Korea.

Verizon Business teamed up with charter TPE Consortium team members -- China Telecom, China Netcom, China Unicom, Korea Telecom and Chunghwa Telecom (Taiwan) -- to expedite the longest leg of the 18,000-kilometer (more than 11,000 miles) cable system.

The new fiber-optic cable can support the equivalent of 62 million simultaneous phone calls, more than 60 times the overall capacity of the existing cable directly linking the United States and China.

"The new system will use the latest optical technology to provide greater capacity and higher speeds to meet the dramatic increase in demand for IP, data and voice communications with the Asia-Pacific region," said Fred Briggs, Verizon Business executive vice president of operations and technology. "In addition to meeting the immediate demands for capacity, the TPE cable will provide multinational customers with numerous long-term benefits, including improved performance and reliability, as well as reduced latency" [the time it takes for data sent from its entry point in the network to reach its destination].

While the TPE will initially provide capacity of up to 1.28 terabits per second (Tbps) when activated, the system will have design capacity of up to 5.12 Tbps to support future Internet growth and advanced applications such as video and e-commerce throughout the Asia-Pacific region. This also will be the first time individual customers can have direct submarine cable connectivity from the U.S. to China at wavelengths of up to 10 gigabits per second (Gbps).

The cable system has a U.S. landing point provided by Verizon Business at Nedonna Beach, Ore. Earlier this year Verizon Business received FCC approval to operate TPE using the Oregon landing facilities, making it the first system to land on the U.S. West Coast in more than five years. Work also has been completed on construction of landing stations on the China mainland at Qingdao and Chongming; and in Tanshui, Taiwan; and Keoje, South Korea. Terrestrial cable routes from the cable stations to network facilities in each country are near completion.

The TPE Consortium signed a construction and maintenance agreement on Dec. 18, 2006, in Beijing. The first undersea fiber-optic section was placed in the waters off the South Korean coast on Sept. 20, 2007. The final splice on the U.S.-to-mainland China segment is scheduled for late April - just seven months after the start of the "wet" build.

System integration and testing begins in late April and will conclude with the provisional network acceptance, followed by system activation in July.

"This is one of the most aggressive submarine cable builds I've been involved with in more than 15 years," said Ihab Tarazi, Verizon Business vice president of global network planning. "Because of our extensive experience, we knew exactly what we had to do get this cable up and operational in time for the Olympic Games. We teamed with our TPE partners to complete the design and engineering, and then we immediately engaged our supplier, Tyco Telecommunications, to begin a very aggressive push to manufacture the fiber- optic cable and construct this cable end-to-end.

"For the past 15 months, we have seen outstanding cooperation by our TPE consortium members," Tarazi said. "We knew if we drove this project hard, we would meet our original system delivery date in August. But we also knew if we pushed a little harder, we could be ahead of schedule and deliver capacity in July."

In addition to more capacity and speed, the TPE system will provide more diversity of routes for customers using Pacific submarine cable systems. Since a major earthquake occurred off the coast of Taiwan in December 2006, cutting eight undersea cables in 22 locations, route diversity has become one of the most important features customers require when purchasing capacity on undersea cables.

In addition to route diversity, Verizon Business customers will be able to take advantage of a network architecture design called meshing, which provides alternate paths for rerouting traffic to another path in the event of a cable cut or network disruption. Currently, Verizon Business has a five-way mesh design on its trans-Pacific portion of its global network, and after TPE, the mesh design increases to a seven-way mesh. If needed, meshing allows the rerouting of voice and data traffic within 50 to 100 milliseconds.

The TPE cable also will give Verizon Business transit capabilities and route diversity to India, Hong Kong, Vietnam and Thailand. These new routes will be shorter and should reduce latency for customers by 10 percent to 15 percent. "This will be a real benefit to Verizon Business customers," Tarazi said. "Everything we can do to reduce latency on the network is critical to our large-business customers today. We also will be able to improve our provisioning intervals so customers can receive services more quickly."

In addition to the numerous customer benefits of the TPE cable, Verizon Business is the only U.S.-based company that is a U.S. landing party for TPE and operator of the TPE Network Operations Center in the U.S.

"All of our consortium members, suppliers and vendors, and the federal, state and local communities in the United States that are helping complete this Trans-Pacific Express cable in record time should be commended," Tarazi said. "This will become the next-generation Asia-Pacific submarine cable that everyone wants to join so all can do more business with this fast-growing region."

About Verizon Business

Verizon Business, a unit of Verizon Communications , is a leading provider of advanced communications and information technology (IT) solutions to large-business and government customers worldwide. Combining unsurpassed global network reach with advanced communications, security and other professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world. For more information, visit http://www.verizonbusiness.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 Business

CONTACT: Linda Laughlin, +918-590-5595,
linda.laughlin@verizonbusiness.com, or Jo Perrin, +44-770-252-5868,
jo.perrin@verizonbusiness.com, both of Verizon Business

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

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

Learning Industry Expert Bryan Chapman to be Featured in NetDimensions' 'LMS Reality Check' Webinar

HONG KONG, March 18 /Xinhua-PRNewswire-FirstCall/ -- NetDimensions, a global provider of learning, knowledge and performance management systems, announces that Bryan Chapman, Chief Learning Strategist, Chapman Alliance and a Brandon Hall associate, will be the featured speaker in a special NetDimensions web seminar entitled "LMS Reality Check: How Much Talent Management Functionality Do You Really Need in an LMS?" that will be held on March 28 at 1:00pm EST.

The webinar will help organizations analyze their needs and assess their future functional requirements examining, among other things, the evolution of and differences between learning and talent management systems, current industry trends, international requirements, security, analytics and case studies and explore the connections between Human Resources and learning.

Noted Jay Shaw, co-founder and Chief Executive Officer of NetDimensions, "With the plethora of available choices in the LMS market, filtering out what is really needed from what is simply trendy functionality can be a daunting undertaking.

"As one of the most noted and respected leaders in the learning industry, Bryan Chapman will undoubtedly offer invaluable guidance to attendees of this complimentary webinar, on how to best leverage existing LMS technology to meet the needs of their respective Human Resources (HR) groups where learning and performance intersect.

"NetDimensions is honored and lucky to have such an engaging and expert speaker participating on one of our regular webinars."

About NetDimensions:

Established in 1999 and listed on the London Stock Exchange AIM (NETD), NetDimensions is a global provider of learning, knowledge and performance management systems. The company's key products include the Enterprise Knowledge Platform (EKP), the Enterprise Assessment Platform (EAP) and the Enterprise Content Platform (ECP). NetDimensions products and services help companies deliver and manage corporate training, career development, assessment and certification programs, and help clients around the world address growing regulatory compliance needs.

Recognized as one of the top-rated learning technology suppliers in overall customer satisfaction, NetDimensions has been chosen by multinational organizations worldwide including HSBC, ING and Cathay Pacific.

Biography of Bryan Chapman:

Bryan Chapman is Chief Learning Strategist at Chapman Alliance, LLC; a provider of research-centric consulting services that assist organizations to define, operate and optimize their strategic learning initiatives. As a veteran in the industry, he has over 20 years experience and has worked with such organizations as American Express, Shell, Kodak, Sprint, Sharp Electronics, Honda, IBM, Microsoft, Avon, UNICEF, The Food and Drug Administration, U.S. State Department, and many others; to help them optimize learning efficiency through the use of innovative learning techniques and technologies.

Bryan was formerly the Director of Research and Strategy for independent research and consulting firm Brandon Hall Research, where he served as the primary author and researcher on high profile projects such as the LMS Knowledgebase, LCMS Comparative Analysis Report, Comparison of Simulation Products and Services, and a comprehensive study of custom content developers in the industry. In addition, Bryan was responsible for structuring Brandon Hall Research's consulting practice. He continues to provide technology- selection services in partnership with Brandon Hall Research as a registered Associate.

Enquiries: NetDimensions Allana Edwards Tel: +852-2122-4500 Landsbanki Securities (UK), Nomad & Broker Fred Walsh or Simon Brown Tel: +44-0-20-7426-9000 Cardew Group, Financial PR Tim Robertson or Shan Shan Willenbrock or Catherine Maitland Tel: +44-0-20-7930-0777

NetDimensions

CONTACT: Of NetDimensions, Allana Edwards, +852-2122-4500; of Landsbanki
Securities (UK), Nomad & Broker for NetD, Fred Walsh or Simon Brown, +44-20-
7426-9000; Of Cardew Group, Financial PR for NetD, Tim Robertson, Shan Shan,
Willenbrock and Catherine Maitland, +44-20-7930-0777

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News archive of November 2009
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