Digchip : Database on electronics components
 

Members login  
Email:
Password:


Companies news of 2008-03-21 (page 1)

  • Johnson Controls Discovers Future Green Leaders by Igniting Creative EnergyTalented and...
  • Convera(R) Announces Date for Fourth Quarter 2008 Earnings
  • Mark & Associates, P.C. Offers Current and Former Bear Stearns Shareholders Free Legal...
  • Yellowpages.com Network and Superpages.com Network Lead in Share of the Internet Yellow...
  • PolyOne Updates First-quarter 2008 Outlook
  • Orlando Magic Hosts Second Seats for Soldiers Night Presented by Harris CorporationTickets...
  • Lockheed Martin Wins $344 Million Contract to Support Defense Department High Performance...
  • General Dynamics Awarded $325 Million for Virginia-Class Submarine Advance Procurement
  • Amex Notifies Halifax that the Company is Not in Compliance with Certain Amex Listing...
  • Raytheon Achieves CMMI Level 3 Recertification at its Pasadena Operation
  • Medical Manufacturer TomoTherapy Implements SAP Solution in Only 16 Weeks
  • Move Network Year-Over-Year Growth Outpaces Real Estate Category by 57%Move, Inc. Strategy...
  • Newpoint Technologies, Inc., Announces New Fault Tolerant, High Availability Options for...
  • Baidu Appoints Jennifer Li as Chief Financial Officer
  • Broadcom Demonstrates Industry's First Single-Chip High Definition Set-Top Box Solution...
  • Broadcom and Coship Electronics Collaborate to Deliver First Commercial High Definition...
  • ITC^DeltaCom Reports 2007 Fourth Quarter and Full-Year Results
  • Xilinx Spartan-3A FPGA Honored for Low Power Capabilities With Portable Design 2008...
  • WD(R) Streamlines Media Operations to Address Internal Hard Drive Business...
  • Spreadtrum Announces New AVS Video / Audio Decoder Chip -- SV6100



    Johnson Controls Discovers Future Green Leaders by Igniting Creative EnergyTalented and creative students' projects earn them educational trips to Hawaii and Washington D.C.

    MILWAUKEE, March 21 /PRNewswire-USNewswire/ -- Johnson Controls, Inc., announces the three national winners of the 2008 Igniting Creative Energy Challenge (ICE) -- an educational competition that encourages students to develop ingenious ways to live a more sustainable life and protect the environment. Out of thousands of entries, Tessa Hartley of Missouri, Matthew Belz of Ohio and Wesley Fulkerson of California are named this year's national winners.

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

    The contest is sponsored and funded through a grant by Johnson Controls, Inc., with additional support from Philips and the United States Energy Association, and is administered by the National Energy Foundation.

    The Challenge asked students to submit projects that demonstrated ways of practicing sustainability at home, at school, or in the community. More about the winning entries follows.

    Elementary School Winner -- Tessa Hartley of Missouri

    Tessa Hartley is a kindergartener in the St. James R-1 School District. Her winning project is a book she wrote and illustrated titled ABC's in My Trash. The book identifies how she saved a piece of trash for every letter of the alphabet and found a way to reuse the item instead of throwing it away. Tessa's project demonstrates that using creativity -- with recycling and in life -- can go a long way.

    Middle School Winner -- Matthew Belz of Ohio

    Matthew Belz is a sixth-grader in the Upper Arlington (Ohio) City School District. His winning project is a documentary highlighting his journey to find an environmentally-friendly alternative to the polystyrene trays used in his school's cafeteria. His extensive research led him to discover that trays made of sugar cane fiber are similar in cost and more environmentally conscious than polystyrene trays. School district officials, including the Director of Finance and Food Service Director, are reviewing Matthew's findings to explore the possibility of changing the trays in the school's cafeteria.

    High School Winner -- Wesley Fulkerson of California

    Wesley Fulkerson is a junior in the Grossmont Union High School District. His winning project is a song he wrote and recorded called Its a Beautiful World. The song encourages others to make simple changes in their lives to conserve energy. It drives home the idea that if we all do little things we can collectively make a big difference.

    All three students were announced as the national winners during surprise announcements in their respective classrooms, March 13 and 14, 2008. Representatives from Johnson Controls, local dignitaries, school officials and the student's parents were on hand to congratulate each on his/her accomplishment. The winners will receive a hosted trip to Hawaii, March 26 - 30, 2008 as well as the opportunity to participate in the Energy Efficiency Forum in Washington, D.C., June 10 - 11, 2008, where they will share their Challenge entries and ideas with government and energy leaders

    The Igniting Creative Energy Challenge is open to all students in grades K-12 in the United States and Canada. Students are asked to submit entries that reflect the competition theme, Igniting Creative Energy, and demonstrate an understanding of what an individual, family, or group can do to make a difference in the places they live or travel. In addition to the three student winners, there is also one teacher winner. Jean Kegerreis, a chemistry and zoology teacher in West Ottawa Public Schools in Michigan, was the teacher with the highest average score of student work from 15 or more qualifying entries is named the national winner. Ms. Kegerreis will be joining the student winners in Hawaii and Washington D.C.

    The winning entries for 2008 will be posted at http://www.ignitingcreativeenergy.org/. There also will be links from the National Energy Foundation and Johnson Controls Web sites.

    About National Energy Foundation: The National Energy Foundation is a unique 501(c)(3) non-profit organization dedicated to the development, dissemination, and implementation of supplementary educational materials, programs and courses that relate primarily to energy, water, natural resources, science and math, technology, conservation and the environment. These teaching resources recognize the importance and contribution of natural resources to our economy, our national security, the environment and our quality of life.

    About United States Energy Association: The United States Energy Association (USEA) is the United States member of the World Energy Council. USEA is composed of approximately 150 public and private energy-related organizations, corporations and government agencies.

    About Philips: Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of $37.7 billion (EUR 30.4 billion) in 2005. With activities in the three interlocking domains of healthcare, lifestyle and technology and 161,500 employees in more than 60 countries, it has market leadership positions in medical diagnostic imaging and patient monitoring, color television sets, electric shavers, lighting and silicon system solutions. News from Philips is located at http://www.philips.com/newscenter.

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

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

    CONTACT: Darryll Fortune of Johnson Controls, Inc., +1-414-524-7770,
    Darryll.L.Fortune@jci.com; or Crystal Nelson, +1-414-459-3947,
    cnelson@branigan.biz, for Johnson Controls, Inc.

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

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




    Convera(R) Announces Date for Fourth Quarter 2008 Earnings

    VIENNA, Va., March 21 /PRNewswire-FirstCall/ -- Convera Corporation , a leading provider of vertical search services for publishers, today announced that the company will release its fourth quarter 2008 financial results after the close of market on Wednesday, March 26, 2007. Convera management will host a conference call to discuss the results on Thursday, March 27, 2008, beginning at 8:30 a.m. ET.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20071119/NEM050LOGO )

    Conference call participants should dial 866-383-8108 (domestic) or 617-597-5343 (international) and, when prompted, enter passcode number 96307311 at approximately 8:20 a.m. ET on March 27, 2008.

    In addition, a non-interactive audio Web cast of the conference call will be available live. To access the Web cast, please go to Convera's Web site, http://www.convera.com/ , and under "Company" and "Investors" click on the live Web cast.

    For individuals unable to participate live, a playback of the call will be available following the conference call beginning at 10:30 a.m. ET on March 27 through April 3, 2008. To listen to the recorded conference, dial 888-286-8010 (domestic) or 617-801-6888 (international) and enter reservation number 17894188 when prompted. To access the Web playback, go to Convera's Web site, http://www.convera.com/ , and under "Company" and "Investors" select the Web cast archive page. An archived playback of the call will be available as of March 28, 2008.

    About Convera(R)

    Convera is the leading provider of search as a service for trade publishers and is the vertical search provider of choice for a growing number of specialist publishers around the world. Convera enables publishers to generate additional revenue by creating customized search applications for specialist audiences under their own brand. Convera site search, vertical search and lead generation applications can combine publisher proprietary content with an editorially vetted best of the Web for specific professional audiences, providing an authoritative and comprehensive search experience. Many of the world's largest publishers are working with Convera to accelerate their e-publishing strategies, meet growing online revenue goals and build loyal online professional communities.

    This release, including any statements from Convera personnel, contains statements about Convera's future expectations, performance, plans, and prospects, as well as assumptions about future events. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, business and economic conditions and trends; the ability to continue funding operating losses; fluctuations in operating results including impacts from reduced corporate IT spending and lengthier sales cycles; continued success in technological advances and development; possible disruption in commercial activities caused by terrorist activity and armed conflict, such as changes in logistics and security arrangements; reduced customer demand relative to expectations; competitive factors; and other risk factors listed from time to time in the company's reports to the Securities and Exchange Commission. Actual results may differ materially from our expectations as the result of these and other important factors relating to Convera's business and product development efforts, which are further described in Convera's filings with the SEC. These filings can be obtained from the SEC's website located at http://www.sec.gov/. Any forward-looking statements are based on information available to Convera on the date of this release, and Convera assumes no obligation to update such statements. Convera(R) and the Convera design logo are trademarks of Convera in the United States and other countries.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20071119/NEM050LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Convera Corporation

    CONTACT: Todd Petruska of Burson-Marsteller for Convera Corporation,
    +1-212-614-4704, todd.petruska@bm.com

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




    Mark & Associates, P.C. Offers Current and Former Bear Stearns Shareholders Free Legal Consultations at www.BearStearnsInvestors.comFirm Evaluating Individual Claims on Behalf of Shareholders

    UNIONDALE, N.Y., March 21 /PRNewswire/ -- Mark & Associates, P.C. announces the launch of a new website, http://www.bearstearnsinvestors.com/, which provides news, commentary and free legal case consultations to current and former Bear Stearns shareholders. Bear Stearns shareholders suffered staggering financial losses as the company's shares lost more than 90 percent of their value from March 13, 2008 to March 17, 2008. On March 13, 2008, Bear Stearns announced it had received emergency financing from JPMorgan Chase and the Federal Reserve, triggering a dramatic sell off of the company's shares. The bailout news was followed by an announcement on Sunday March 17, 2008, that JPMorgan Chase would acquire Bear Stearns for $2.00 per share.

    Mark & Associates, P.C. believes that Bear Stearns misled shareholders by making false and misleading statements and by failing to disclose material facts concerning the company's business and financial status. The news of the bailout and subsequent sale of the company came just days after the company's CEO appeared on national television to reassure investors about the company's finances. Both the Securities and Exchange Commission (SEC) and the United States Congress have launched investigations into the bailout and sale of Bear Stearns.

    Current and former Bear Stearns shareholders who lost in excess of $10,000 are encouraged to request a free consultation at http://www.bearstearnsinvestors.com/. Mark & Associates, P.C. and its co-counsel plan to file individual claims on behalf of investors who meet certain criteria. An individual claim is unlike a class action claim in that the remedies sought with individual claims are based upon the specific merit and facts of a particular loss. Class action claims are brought by one or more representatives on behalf of a group of class members who have similar claims.

    Mark & Associates, P.C. has already been contacted by individual investors, institutional investors and Bear Stearns employees to learn about their legal rights. Many current and former Bear Stearns employees have lost a significant portion of, and in some cases their entire retirement savings. Many individual investors who purchased the stock on margin have had their shares sold out by their brokerage firms, as their accounts sank below equity limit requirements. Investors who purchased on margin may not have only lost all of their equity, but they could actually owe their brokerage houses money if their investment losses exceeded the equity in their accounts.

    Investors can get more information by visiting http://www.bearstearnsinvestors.com/ or http://www.youhaverights.com/corporate-fraud/bear-stearns-stock-fraud. A podcast on the Bear Stearns crisis is available at http://www.youhaverights.com/podcast/episode/was-bear-stearns-acting-in-the- shareholders-best-interest/. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field.) Investors can request a free legal consultation by completing the submission form on these websites or by calling 1-866-507-4448.

    About Mark & Associates, P.C.

    Mark & Associates, P.C. is a leading consumer law firm with offices in Boston, Massachusetts and Long Island, New York. The firm aggressively represents victims of securities and investment fraud, insurance bad faith, defective products, dangerous pharmaceuticals and medical devices and serious accidents. More information on Mark & Associates, P.C. is available at http://www.youhaverights.com/.

    For more information: Jason Mark, Esq. 626 Rexcorp Plaza Uniondale, NY 11556 http://www.youhaverights.com/ 1-866-507-4448

    Mark & Associates, P.C.

    CONTACT: Jason Mark, Esq., +1-866-507-4448

    Web site: http://www.youhaverights.com/
    http://www.bearstearnsinvestors.com/




    Yellowpages.com Network and Superpages.com Network Lead in Share of the Internet Yellow Pages Market in 2007Strategic Partnerships Contribute to Increase in IYP SearchesYellow Book Network Sees Unique Visitors More than Double versus Year Ago

    RESTON, Va., March 21 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released the results of a study into national Internet Yellow Pages (IYP) search activity, which revealed shifts among the top sites in 2007 -- due in part to new strategic partnerships. The IYP search market leader in Q4 2007 was Yellowpages.com Network, which forged multiple partnerships this year with sites including Areaguides.net and 411.com, helping them take the top position in total IYP searches.

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

    "In the highly competitive IYP search market, partnerships played a significant role in determining the 2007 landscape," said Serge Matta, senior vice president of comScore. "Yellowpages Network was one of the key beneficiaries of this strategy, since partnerships helped it secure a leading position in the market."

    Yellowpages and Superpages Each Capture 20 Percent IYP Search Market Share

    Yellowpages.com Network (20.2 percent share) edged out Superpages.com Network (20.0 percent share) in Q4 2007 to lead the IYP search market. Like Yellowpages, Superpages' new partnerships provided a boost to its search activity, with the new Local.com relationship and the Infospace FindIt/Switchboard.com acquisition contributing to its gains. However, Superpages discontinued its affiliation with both 411.com and MSN Yellowpages, offsetting the positive impact of the new relationships. Although Superpages saw an increased number of total searches in 2007, it did not grow as fast as the market, and as a result its share fell slightly.

    IYP Search Market Share Q4 2007 vs. Q4 2006 Total U.S. - Home/Work/University Locations Source: comScore Share of IYP Searches Point National IYP Networks Q4 2006 Q4 2007 Change Yellowpages.com Network 14.7% 20.2% 5.6 Superpages.com Network 20.9% 20.0% -0.9 Yahoo! Sites 22.9% 17.9% -5.0 Google Sites 13.0% 15.1% 2.1 Yellow Book Network 4.0% 8.6% 4.6 Time Warner Network 6.4% 6.1% -0.3 Microsoft Sites 3.8% 4.8% 1.0 R.H.Donnelley* 3.9% 3.3% -0.5 * R.H. Donnelley property is primarily a 14-state region provider.

    Certain top IYP providers experienced growth in 2007 by capitalizing on changes in their partner and affiliate relationships. Yellow Book Network, which more than doubled its share from 4 percent to nearly 9 percent, benefitted in part from its new relationship with Addresses.com. Microsoft Sites experienced an increase in IYP searches after it began redirecting searches to Microsoft Maps beginning in December, subsequent to the dissolution of its partnership with Superpages.

    R.H. Donnelley, the only truly regional local search provider among the top 8 U.S. IYP sites, had a relatively modest national IYP search market share of 3.3 percent. However, within their 14-state region, they actually led the market in Q4 2007 with a 22-percent market share.

    Yellow Book and R.H. Donnelly More than Double Visitors versus Year Ago

    Several providers of local business search listings experienced substantial growth in the number of unique visitors from December 2006 to December 2007. Yellow Book Network and R.H. Donnelley saw traffic more than double, driven by a combination of new relationships and organic visitor growth. Contributing to growth at Yellow Book Network were partnerships with Infospace and Addresses.com, while R.H. Donnelley's growth can be largely attributed to its acquisition of Business.com.

    Visitor Growth to Leading Local Business Search Listing Providers December 2007 vs. December 2006 Total U.S. - Home/Work/University Locations Source: comScore Media Metrix Unique Visitors (000) Percent Dec-06 Dec-07 Change Yellow Book Network 4,386 10,388 137% R.H. Donnelley* 3,036 6,768 123% Yellowpages.com Network 16,168 24,453 51% Superpages.com Network** 15,861 23,448 48% *R.H. Donnelley data includes Dex Media ** Superpages.com Network data includes the Superpages media title About comScore

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

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

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

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




    PolyOne Updates First-quarter 2008 Outlook

    CLEVELAND, March 21 /PRNewswire-FirstCall/ -- PolyOne Corporation today updated its outlook for the first quarter ending March 31, 2008.

    The Company expects first quarter consolidated sales to increase 9% to 11% compared with the first quarter of 2007. Demand is expected to weaken in the later portion of the quarter as the North American economic downturn is impacting other industrial end markets beyond automotive and building and residential construction, such as wire and cable.

    Aggregate sales for PolyOne's Specialty businesses, including sales from the recently acquired GLS Corporation, are projected to grow nearly 25% in the quarter compared with the first quarter of 2007. GLS was acquired in January 2008 and represents approximately 14% of the Specialty growth. PolyOne's Specialty businesses consist of: International Color and Engineered Materials, Specialty Engineered Materials (which includes the results of GLS), North American Color and Additives, and Specialty Inks and Polymer Systems. Operating income in the aggregate for these businesses is projected to grow significantly from the same period a year ago, reflecting stronger profit margins across this increased sales base. The Company anticipates that International segment sales and operating income in the first quarter would continue to demonstrate double-digit growth compared to a year ago. This anticipated solid performance by the Specialty businesses underpins PolyOne's strategic portfolio transformation.

    For PolyOne Distribution, the Company anticipates meaningful increases in both sales and operating income during the first quarter of 2008 compared with the first quarter of 2007.

    First-quarter sales for the Company's Vinyl Business segment are expected to decline 2% to 4% compared with the first quarter of 2007. Vinyl Business segment earnings are anticipated to be substantially below first quarter of 2007 levels, due to a combination of lower demand and margin pressure caused by higher raw material and energy costs not fully offset by increased pricing.

    Resin and Intermediates segment earnings are projected to increase slightly compared with a year ago. Chlor-alkali margins have remained strong, although weak vinyl industry demand is adversely affecting sales volumes. In the first-quarter of 2007, the OxyVinyls joint venture reported a $1.3 million loss. PolyOne sold its interest in this joint venture on July 6, 2007.

    Additional considerations: -- The Company expects first quarter Corporate and eliminations to be between $12 million and $14 million, including a $1.6 million one-time purchase accounting charge related to the GLS acquisition. -- The Company anticipates net financing expenses to be approximately $9.2 million in the first quarter of 2008, down $5.5 million from the $14.7 million recorded in the first quarter of 2007. The lower expense is due to the redemption of $241.4 million of the 2010 notes, partially offset by debt incurred in connection with the acquisition of GLS. First quarter 2008 Earnings Release and Conference Call

    PolyOne intends to release its first-quarter earnings on Tuesday, May 6, 2008, and host a conference call at 9:00 a.m. Eastern time on Wednesday, May 7, 2008. The conference dial-in number is 866-543-6403 (domestic) or 617-213- 8896 (international), passcode 77320730, conference topic: First quarter 2008 PolyOne Earnings Conference Call. The replay number is 888-286-8010 (domestic) or 617-801-6888 (international). The passcode for the replay is 99544252. The call will be broadcast live and then be available via replay until Wednesday, May 14, 2008, on the Company's Web site at http://www.polyone.com/.

    About PolyOne

    PolyOne Corporation, with annual revenues of more than $2.7 billion, is a leading global provider of specialized polymer materials, services and solutions. Headquartered outside of Cleveland, Ohio USA, PolyOne has operations around the world. For additional information on PolyOne, visit our new website at http://www.polyone.com/.

    Forward-looking Statements

    In this press release, statements that are not reported financial results or other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward- looking statements give current expectations or forecasts of future events and are not guarantees of future performance. They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. You can identify these statements by the fact that they do not relate strictly to historic or current facts. They use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance and/or sales. In particular, these include statements relating to future actions; prospective changes in raw material costs, product pricing or product demand; future performance; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal proceedings; and financial results, including those of GLS. Factors that could cause actual results to differ materially include, but are not limited to:

    -- the effect on foreign operations of currency fluctuations, tariffs, nationalization, exchange controls, limitations on foreign investment in local businesses and other political, economic and regulatory risks; -- changes in polymer consumption growth rates within the U.S., Europe or Asia or other countries where PolyOne conducts business; -- changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online in the polyvinyl chloride (PVC), chlor-alkali, vinyl chloride monomer (VCM) or other industries in which PolyOne participates; -- fluctuations in raw material prices, quality and supply and in energy prices and supply, in particular fluctuations outside the normal range of industry cycles; -- production outages or material costs associated with scheduled or unscheduled maintenance programs; -- the cost of compliance with environmental laws and regulations, including any increased cost of complying with new or revised laws and regulations; -- unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters, including any developments that would require any increase in our costs and/or reserves for such contingencies; -- an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to cost reductions and employee productivity goals; -- an inability to raise or sustain prices for products or services; -- an inability to maintain appropriate relations with unions and employees in certain locations in order to avoid business disruptions; -- any change in any agreements with product suppliers to PolyOne Distribution that prohibits PolyOne from continuing to distribute a supplier's products to customers; -- the ability to successfully integrate GLS; -- the ability to successfully integrate Ngai Hing PlastChem, and -- other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.

    We cannot guarantee that any forward-looking statement will be realized, although we believe we have been prudent in our plans and assumptions. Achievement of future results is subject to risks, uncertainties and inaccurate assumptions. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. Investors should bear this in mind as they consider forward-looking statements.

    We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission. You should understand that it is not possible to predict or identify all risk factors. Consequently, you should not consider any list to be a complete set of all potential risks or uncertainties. (Ref. #32108)

    PolyOne Corporation

    CONTACT: Investors, W. David Wilson, Senior Vice President & Chief
    Financial Officer, +1-440-930-3204, or Media, John Daggett, Director of
    Corporate Communications, +1-440-930-3162

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




    Orlando Magic Hosts Second Seats for Soldiers Night Presented by Harris CorporationTickets Given Away to Local Military Personnel and Their Families

    ORLANDO, Fla., March 21 /PRNewswire-FirstCall/ -- The Orlando Magic and Harris Corporation, an international communications and information technology company, have teamed up to honor military men, women and their families with their second Seats for Soldiers Night, scheduled for tonight, March 21, 2008, when the Magic take on the Philadelphia 76ers. Tickets will be given to men and women in the military from Patrick Air Force Base in Cocoa Beach, MacDill Air Force Base in Tampa, the Naval Air Force Station in Jacksonville and Orlando area military personnel for tonight's contest. The first Seats for Soldiers night was held November 23, 2007, against the Charlotte Bobcats.

    Tonight's Seats for Soldiers Night will include taped messages to soldiers throughout the game, a kids' tunnel on the court, a pre-game presentation and other activities for military personnel and their families. Fans also are encouraged to give up their seats for soldiers as well.

    "The first Seats for Soldiers event was a tremendous success, and Harris is proud to team up again with the Orlando Magic to honor our very deserving military men and women," said Howard L. Lance, chairman, president and CEO of Harris Corporation. "Our charitable programs, such as the Seats for Soldiers events, are designed to strengthen the quality of life for all members of our communities."

    "This is just one way for us to show our appreciation for what they do for us every day," said Linda Landman-Gonzalez, Magic's vice president of community relations and government affairs. "We are immensely grateful for their service and recognize the sacrifices they make for our country. We hope to provide them with an opportunity to be with their families and enjoy that time together."

    Orlando's NBA franchise since 1989, the Magic annually give more than $2 million to the local community by way of sponsorships of events, donated tickets, autographed merchandise, scholarships and grants. Orlando Magic community relations programming impacts an estimated 75,000 kids annually. Over the last 18 years, nearly $14 million has been raised and distributed to local non-profit community organizations via The Orlando Magic Youth Foundation. OMYF, a fund of the McCormick Tribune Foundation, focuses on helping every child in Central Florida realize their full potential, especially those most at risk, by supporting programs and partnerships that empower families and change lives.

    Ticket highlights for 2007-08 include: a franchise-most 8,417 seats priced $25 or under per game, a $25 lower bowl ticket, and for the 10th straight year, tickets priced at $10 per game. For ticket information log on to http://www.orlandomagic.com/ or call 407-89-MAGIC. Through NBA CARES, the league, players and teams will raise and contribute $100 million for charity, donate more than 1 million hours of hands-on volunteer service to communities worldwide, and build more than 100 places where kids can learn and play over the next five years.

    About Harris Corporation

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

    Harris Corporation

    CONTACT: Jim Burke, Harris Corporation, +1-321-727-9131,
    jim.burke@harris.com; or Melanie Curtsinger, Magic Communications,
    +1-407-916-2532, mcurtsinger@orlandomagic.com

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




    Lockheed Martin Wins $344 Million Contract to Support Defense Department High Performance Computing Centers

    SEABROOK, Md., March 21 /PRNewswire-FirstCall/ -- Lockheed Martin has been awarded the Next Generation Technical Services contract by the Department of Defense. Valued at an anticipated $344 million, the contract calls for operation and maintenance of the high performance computing centers at four major Department of Defense scientific research sites.

    In support of the DoD High Performance Computing Modernization Program (HPCMP), Lockheed Martin will provide systems administration, computer operations and management, systems integration, applications and user support, and data visualization services for each of the four DoD Major Shared Resource Centers.

    The sites include the Navy Oceanographic Office at Stennis Space Center, Miss.; U.S. Army Engineer Research and Development Center in Vicksburg, Miss., Air Force Research Laboratory at Wright-Patterson AFB, Ohio and Army Research Laboratory at Aberdeen Proving Ground, Md. Responsible to the Deputy Under Secretary for Defense for Science and Technology, the HPCMP serves the DoD Research and Development and Simulation and Test communities by providing supercomputer services, high-speed network communications and computational science expertise.

    Following a two month transition period, Lockheed Martin will begin operations on June 1. The contract includes a one year $85 million base year and four one-year options. It was awarded by the General Services Administration in Atlanta.

    Steve Lubniewski, President of Lockheed Martin Enterprise Solutions & Services, said, "We are excited to have been afforded this opportunity to support the DoD scientific community in such a significant way. We commit to bring to the HPCMP the innovation, solid enterprise management expertise, and performance that a program of this importance demands."

    Lockheed Martin will be supported by teammates High Performance Computing Technologies Inc., Reston, Va.; Quantum Recruiting, Dallas, Texas; and Victory Solutions, Huntsville, Ala.

    Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2007 sales of $41.9 billion.

    For additional information, visit our website: http://www.lockheedmartin.com/

    Lockheed Martin

    CONTACT: Joe Wagovich, +1-301-352-2692, joseph.m.wagovich@lmco.com, or
    John O'Sullivan, +1-301-352-2697, john.r.o'sullivan@lmco.com, both of Lockheed
    Martin

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

    Company News On-Call: http://www.prnewswire.com/gh/cnoc/comp/534163.html




    General Dynamics Awarded $325 Million for Virginia-Class Submarine Advance Procurement

    GROTON, Conn., March 21 /PRNewswire-FirstCall/ -- The U.S. Navy has awarded General Dynamics Electric Boat a $324.9 million contract modification to buy long lead time material (LLTM) for the FY 09 Virginia-Class submarine, SSN-784 and the FY 11 submarine, SSN-787. Electric Boat is a wholly owned subsidiary of General Dynamics .

    The contract provides funding for steam and electrical plant components, main propulsion units and ships service turbine generator sets as well as miscellaneous hull, mechanical and electrical systems components for the two submarines.

    Work will be performed in Groton, Conn., and Quonset Point, R.I. (7 percent); Newport News, Va. (7 percent); Sunnyvale and South El Monte, Calif. (50 percent); Coatesville, York and Cheswick, Penn. (5 percent); Linden, Philipsburg and Florence, N.J. (5 percent); and other sites in the U.S. (26 percent).

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

    General Dynamics Electric Boat

    CONTACT: Robert A. Hamilton of General Dynamics Electric Boat,
    +1-860-433-8556, Cell, +1-860-705-6197, Rhamilt1@gdeb.com

    Web site: http://www.generaldynamics.com/
    http://www.gdeb.com/




    Amex Notifies Halifax that the Company is Not in Compliance with Certain Amex Listing Standards

    ALEXANDRIA, Va., March 21 /PRNewswire-FirstCall/ -- Halifax Corporation of Virginia. , an enterprise logistics and maintenance solutions company announced today it has received a letter from the American Stock Exchange which indicated that we do not meet certain of the American Stock Exchange's continued listing standards. Specifically, we are not in compliance because our stockholders equity is less than $4.0 million and we have had losses from continuing operations and/or a net loss in three out of four of our most recent fiscal years.

    The Company must achieve compliance by September 14, 2008 and must provide the American Stock Exchange with a specific plan to achieve and sustain compliance with the listing standards by April 14, 2008. If we either fail to submit a plan or if we submit a plan and the staff of the American Stock Exchange determines that it does not adequately address these issues, we may be subject to delisting proceedings. Furthermore, if our plan is accepted but we are not in compliance with the continued listing standards at the conclusion of the plan period or if we do not make progress consistent with the plan during the plan period, the staff of the American Stock Exchange will initiate delisting proceedings as appropriate. We may appeal the staff determination to initiate delisting proceedings.

    The Company expects to submit a plan to the American Stock Exchange to regain compliance with the continued listing standards on or before April 14, 2008.

    Founded in 1967, Halifax Corporation is an enterprise logistics and maintenance solutions company providing a wide range of technology services to commercial and government customers throughout the United States. The Company's principal products are enterprise logistics solutions and high availability hardware maintenance services. More information on Halifax can be found at http://www.hxcorp.com/.

    Certain statements made by the Company which are not historical facts may be considered forward-looking statements, including, without limitation, statements as to trends, management's beliefs, views, expectations and opinions, which are based upon a number of assumptions concerning future conditions that ultimately may prove to be inaccurate. Such forward-looking statements are subject to risks and uncertainties and may be affected by various factors described in the Risk Factors Section in the Company's Annual Report on Form 10-K that may cause actual results to differ materially from those in the forward-looking statements. For further information that could affect the Company's financial statements, please refer to the Company's reports filed with the Securities and Exchange Commission.

    Halifax Corporation

    CONTACT: Tammy Erwin of Halifax Corporation, +1-703-658-2422,
    terwin@hxcorp.com

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




    Raytheon Achieves CMMI Level 3 Recertification at its Pasadena Operation

    RESTON, Va., March 21, 2008 /PRNewswire/ -- Raytheon Company has renewed its Software Engineering Institute Capability Maturity Model Integration (CMMI(R)) level 3 certification rating for services at Raytheon Information Solutions' (RIS) operation in Pasadena, Calif. Additionally, the division obtained level 3 certification for the engineering processes in its Web solutions line of business.

    CMMI is recognized worldwide as the standard by which businesses can measure the maturity of their technical and managerial processes. The levels indicate an organization's ability to provide predictable quality while managing and controlling project risks.

    "This is a significant achievement, and it's a testament to the creativity and dedication of our talented team in Pasadena, our customers and our partners who have successfully worked together to reach this significant milestone," said TW Scott, RIS vice president.

    RIS first attained CMMI Level 3 for services processes in 2004 and later patented the methodology. The certification improves technical processes at the Pasadena operation to effectively design, develop and operate complex science, data and advanced information systems for NASA and the Jet Propulsion Laboratory.

    RIS is a division of Garland, Texas-based Raytheon Intelligence and Information Systems (IIS). In 2006, IIS reached a CMMI Level 3 benchmark that only 3.5 percent of all appraisals recorded by the Carnegie Mellon University Software Engineering Institute (SEI) meet. IIS is a leading provider of information and intelligence solutions to the government. With annual revenues of $2.7 billion, IIS employs more than 9,000 engineering and technical professionals worldwide.

    Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 85 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.

    Note to Editors:

    CMMI maturity levels are increasingly used by government agencies and contractors to evaluate the potential for organizations to produce quality products on time and within budget. Independent, third party appraisers reviewed Pasadena operations using the prescribed standard CMMI Service Mark appraisal method for process improvement.

    Contact: Keith Little 703.849.1675 KDLittle@raytheon.com

    Raytheon Company

    CONTACT: Keith Little of Raytheon Company, +1-703-849-1675,
    KDLittle@raytheon.com

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




    Medical Manufacturer TomoTherapy Implements SAP Solution in Only 16 Weeks

    MADISON, Wis., March 21 /PRNewswire-FirstCall/ -- SAP America, Inc., a subsidiary of SAP AG , today announced that radiation therapy system manufacturer TomoTherapy Incorporated successfully implemented the SAP(R) Business All-in-One solution in a remarkable 16 weeks and realized immediate business benefits. In January 2007, TomoTherapy went live on SAP Business All-in-One with the goals of managing complex product innovation electronically and consolidating technological leadership in a high-growth market while exploring new international opportunities. SAP(R) Best Practices packages aided the implementation by anticipating the business needs of the radiation therapy system manufacturer, helping to reduce cost and reliance on external consultants.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a)

    "SAP Business All-in-One and SAP Best Practices gave TomoTherapy the tools to implement quickly, so that we could keep our focus on our customers," said Martin Christopher, director of IT, TomoTherapy. "Our system was delivered on time, within budget and with no unplanned downtime. With SAP Business All-in-One, TomoTherapy has much better visibility into our global operations and performance, and we enjoy the peace of mind that comes from having a fully compliant business system that enables us to comply with Sarbanes-Oxley. In addition, by taking advantage of the controls and integrated architecture of SAP Business All-in-One, we have more than doubled the throughput for engineering change orders, which directly benefits our customers."

    Headquartered in Madison, Wisconsin, TomoTherapy reshapes radiation therapy with its unique TomoTherapy(R) Hi Art(R) treatment system, integrating CT imaging and helical intensity-modulated radiation therapy to improve the effectiveness and efficiency of radiation treatment for a wide range of cancer tumors. The medical manufacturer selected SAP for its technical excellence and long-term reliability to maintain the company's rapid pace of innovation and growth.

    In recognition of the company's impressive technology consolidation, integration efforts and effective project management, TomoTherapy has been named "Regional Champion" representing the Americas in the recent SAP Best Practices success snapshot program. The company garnered the honor based on its rapid and innovative deployment project, which utilized pre-delivered blueprints, personalized system configuration, scenario and integration test scripts, end-user procedures, and other proprietary tools and templates.

    The SAP Best Practices success snapshot program was created to highlight examples of the growing number of midmarket customers that are using SAP Best Practices embedded in SAP Business All-in-One to expedite solution implementation and improve operational excellence. In 2007, SAP and partner employees around the world submitted project profiles from 32 customers to the competition.

    Copyright (C) 2008 SAP AG. All rights reserved. SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serves informational purposes only. National product specifications may vary.

    For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24

    United States Only: 1 (800) 872-1SAP (1-800-872-1727) Contacts: Astrid Polchen, +49 (6227) 7-47644, astrid.poelchen@sap.com, CET Torrey Fazen, Burson-Marsteller, +1 (617) 406-1651, torrey.fazen@bm.com, EDT

    Photo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk photodesk@prnewswire.com SAP AG

    CONTACT: Astrid Polchen of SAP AG, +49 (6227) 7-47644,
    astrid.poelchen@sap.com, CET; or Torrey Fazen of Burson-Marsteller,
    +1-617-406-1651, torrey.fazen@bm.com, EDT, for SAP AG

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




    Move Network Year-Over-Year Growth Outpaces Real Estate Category by 57%Move, Inc. Strategy Gains Momentum as Consumers Search Longer on REALTOR.com(R); Move Network Year-Over-Year Traffic Leaps Ahead

    LOS ANGELES, March 21 /PRNewswire-FirstCall/ -- While consumers are spending less time overall searching online for real estate, they are spending more time on REALTOR.com, according to February analysis from comScore[1]. Furthermore, Hitwise[2] showed that the U.S. percentage of page views for REALTOR.com was three times greater than its nearest competitors, while year-over-year traffic growth on the Move network outpaced the real estate category by 57% for the month of February.[1]

    Internet intelligence reports also show that consumers spent 5% more time on REALTOR.com year-over-year this February, even though they spent 18% less time overall searching online in the real estate category[1].

    "Despite the proliferation of real estate web sites, it's apparent to us that Move and Realtor.com continue to maintain their leadership position and build brand value with consumers. It is also clear from these reports that they offer the 'stickiness' that attracts high quality advertisers," said Lorna Borenstein, president of Move, Inc. "This is exciting news on the heels of our positive fourth quarter results, giving Move further confidence our corporate strategy is the right one."

    During a February 28, 2008 earnings call, Move, Inc. announced that for 2007 the company reported the highest EBITDA[3] margin in company history, generated positive cash flow for the third consecutive year and delivered fourth quarter revenue growth while the real estate industry experienced a 20% decline in existing home sales.

    Borenstein also explains that 2008 is a transformative year for the company, with focus being placed on greatly enhancing the consumer and advertiser experiences through the successful integration of comprehensive and fresh content, relevant tools, connections to REALTORS(R) and easy access to other real estate-related services.

    ABOUT MOVE, INC.

    Move, Inc. is the leader in online real estate with 9.4 million[1] monthly visitors to its online network of websites. Move, Inc. operates: Move.com, a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com(R), the official Web site of the National Association of REALTORS(R); Welcome Wagon(R); Moving.com; SeniorHousingNet(TM); and TOP PRODUCER(R) Systems. Move, Inc. is based in Westlake Village, California, and employs more than 1600 individuals throughout North America. For more information: http://www.move.com/.

    ABOUT REALTOR.COM(R)

    REALTOR.com -- "Where the world shops for real estate online" -- is operated by Move, Inc., and is the official Web site of the National Association of REALTORS. Ranked as the No. 1 homes-for-sale site, REALTOR.com(R) currently offers potential home buyers access to over four million property listings as well as the most brokers and agents to contact. The site also provides REALTORS and the home sellers they represent with the Internet's largest real estate marketplace, reaching more than 5.8 million consumers in February 2008[1]. Agents and companies have the power to customize the resources of the REALTOR.com Web site to maximize their brand and productivity. The REALTOR.com Web site (http://www.realtor.com/) is operated by Move, Inc. .

    REALTOR(R) and REALTOR.com(R) are registered trademarks of the NATIONAL ASSOCIATION OF REALTORS(R). REALTOR(R) is a federally registered collective membership mark, which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS(R) and subscribes to its strict Code of Ethics. All other trademarks appearing above are the property of Move, Inc., or of their other respective owners.

    [1] comScore Media Metrix, February 2008 [2] Hitwise Industry Report for Real Estate, February 2008 [3] EBITDA: earnings before interest, restructuring charges and certain other non-cash and non-recurring items, principally impairment charges, litigation settlement charges, stock-based compensation charges, depreciation, and amortization

    This press release may contain forward-looking statements, including information about management's view of Move's future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Move, its subsidiaries, divisions and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents Move files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on Move's future results. The forward-looking statements included in this press release are made only as of the date hereof. Move cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Move expressly disclaims any intent or obligation to update any forward-looking statements to reflect subsequent events or circumstances.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20080213/MOVEINCLOGO)

    Photo: http://www.newscom.com/cgi-bin/prnh/20080213/MOVEINCLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Move, Inc.

    CONTACT: Julie Reynolds of Move, Inc., +1-805-557-3080,
    julie.reynolds@move.com; or Sierra Wilson of Edelman, +1-323-202-1416,
    sierra.wilson@edelman.com, for Move, Inc.

    Web site: http://www.move.com/
    http://www.realtor.com/




    Newpoint Technologies, Inc., Announces New Fault Tolerant, High Availability Options for its Mercury Product Line for Support of Unmanned Remote Site Operations

    SALEM, N.H., March 21 /PRNewswire-FirstCall/ -- Newpoint Technologies, Inc., a wholly-owned subsidiary of Integral Systems, Inc. , and a recognized leader in Network Management and Remote Site Monitoring solutions, now adds high availability features to its already successful Newpoint Mercury product line. Mercury RSM and Mercury EM are element managers interfacing with equipment and automating service restorations at unmanned remote sites around the globe. Both Mercury solutions send data to a network management system, such as the Newpoint Compass NMS, at the Network Operations Center (NOC). Data can be transmitted back to the NOC using a WAN, Dial up, Satellite Overhead or by using the Iridium service. Mercury allows end users to define primary and multiple backup paths to remote sites. These sites include fixed, transportable, and mobile satellite terminals, as well as AM/FM/TV transmitters, SCADA, cellular, and microwave radio sites.

    The Mercury RSM and Mercury EM solutions are now offered with options for a RAID hard drive arrangement and integrated battery backup. The RAID system will insure that hard disk failures do not affect remote site operations until a technician can replace the failed hard disk. The integrated battery backup will allow the Mercury to warn an operator of a power failure, and enable an orderly transfer and automated or manual shutdown of the site through the Mercury unit.

    "Our Mercury products and Compass software are deployed at remote, unmanned sites in the deepest, darkest corners of the Earth, places where unstable power is not just a risk, but a foregone conclusion of day-to-day operations. We are thrilled to offer features typically associated with much higher cost -- high availability servers," stated Newpoint President, Wally Martland. "Options for RAID hard drive arrays and integrated battery backup systems enables Newpoint to take unmanned, automated remote site management to higher and more reliable levels at a price point not available elsewhere in the industry."

    For more information regarding Newpoint's Mercury and Compass Network Management Systems, visit us on the Web at http://www.newpointtech.com/.

    About Newpoint Technologies

    Newpoint Technologies, Inc., a subsidiary of Integral Systems, Inc., is an industry leader in Satellite and Terrestrial Network Management Systems for control of data, Internet, broadcast, telecom, and hybrid networks. Newpoint has also been the industry's dominant supplier of software and hardware for remote site management products. Newpoint's principal customers are commercial satellite operators, telecommunications companies, broadcasters, and broadband service providers. Newpoint delivers a range of services, from out-of-the-box software to complete turnkey solutions that manage large enterprise-level infrastructure systems.

    About Integral Systems

    Founded in 1982, Integral Systems is a leading provider of satellite ground systems and has supported more than 205 different satellite missions for communications, science, meteorological, and earth resource applications. Integral Systems was the first company to offer an integrated suite of Commercial-Off-the-Shelf (COTS) software products for satellite command and control: the EPOCH Integrated Product Suite (IPS) product line. EPOCH IPS has become the world market leader in commercial applications with successful installations on five continents.

    Through its wholly-owned subsidiary, SAT Corporation, Integral Systems provides satellite and terrestrial communications signal monitoring systems to satellite operators and users throughout the world. Through its Newpoint Technologies, Inc., subsidiary, Integral Systems also provides software for equipment monitoring and control to satellite operators, broadcasters, and telecommunications firms. Integral Systems' RT Logic subsidiary builds telemetry processing systems for military applications, including tracking stations, control centers, and range operations. Integral Systems' Lumistar, Inc., subsidiary provides system- and board-level telemetry acquisition products. Integral Systems has approximately 500 employees working at its headquarters in Lanham, MD, and at other locations in the U.S. and Europe. For more information, visit http://www.integ.com/.

    Integral Systems, Inc.

    CONTACT: Wally Martland, President of Newpoint Technologies, Inc.,
    +1-603-898-1110, sales@newpointtech.com; or Shany Seawright of Strategic
    Communications Group, +1-240-485-1081, sseawright@gotostrategic.com, for
    Integral Systems, Inc.

    Web site: http://www.integ.com/
    http://www.newpointtech.com/




    Baidu Appoints Jennifer Li as Chief Financial Officer

    BEIJING, March 21 /Xinhua-PRNewswire/ -- Baidu.com, Inc. , the leading Chinese language Internet search provider, today announced the appointment of Jennifer Li as chief financial officer, effective March 31, 2008.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO )

    "We are thrilled to welcome Jennifer Li to our senior management team at Baidu," said Robin Li, Baidu's chairman and chief executive officer. "Jennifer is an experienced financial leader who brings over 13 years of treasury, corporate finance and financial analysis experience. She has worked in the manufacturing and financial service industries and has a proven track record of leading finance functions. We look forward to drawing upon Jennifer's vast strategic and financial expertise as we continue to lead China's growing Internet search market."

    Jennifer Li joins Baidu from GMAC, where she served as Controller of GMAC's North American Operations. In that role, she led a staff of 200 in the US and Canada and was primarily responsible for financial accounting and reporting, business planning and forecasting, performance analysis and strategic development. Prior to that, Li was chief financial officer of General Motors China where she was responsible for overseeing finance functions of GM's wholly owned and joint venture businesses. Over the years Li has held several other finance positions at General Motors in China, Singapore, the United States and Canada.

    Li holds a Master of Business Administration from the University of British Columbia in Vancouver, B.C., Canada and a Bachelor of Arts from Tsinghua University in Beijing, China.

    About Baidu

    Baidu.com, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving individual Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu's ADSs, each of which represents one Class A ordinary share, are currently trading on the NASDAQ Global Select Market under the symbol "BIDU."

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," ''confident'' and similar statements. Among other things, quotations from management in this announcement contain forward-looking statements. Statements that are not historical facts, including statements about Baidu's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those contained in any forward- looking statements. Further information regarding these and other risks is included in our annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. All information provided in this press release is as of March 21, 2008, and Baidu undertakes no duty to update such information, except as required under applicable law.

    For more information, please contact: For investor inquiries please contact: Linda Sun Baidu.com, Inc. Tel: +86-10-8262-1188 Email: sunyao@baidu.com For investor and media inquiries please contact: In China: Helen Plummer Ogilvy Public Relations Worldwide (Beijing) Tel: +86-10-8520-3090 Email: helen.plummer@ogilvy.com In the US: Thomas Smith Ogilvy Public Relations Worldwide (New York) Tel: +1-212-880-5269 Email: thomas.smith@ogilvypr.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO
    PRN Photo Desk, 888-776-6555 or 212-782-2840 Baidu.com, Inc.

    CONTACT: For investor inquiries please contact - Linda Sun of Baidu.com,
    Inc., +86-10-8262-1188, or ir@baidu.com; For investor and media inquiries
    please contact - China: Helen Plummer of Ogilvy Public Relations Worldwide
    (Beijing), +86-10-8520-3090, or helen.plummer@ogilvy.com; or US: Thomas Smith
    of Ogilvy Public Relations Worldwide (New York), +1-212-880-5269, or
    thomas.smith@ogilvypr.com, both for Baidu

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




    Broadcom Demonstrates Industry's First Single-Chip High Definition Set-Top Box Solution With China AVS Support65 Nanometer HD AVS System-on-a-Chip Solution on Display at this Week's CCBN Conference

    BEIJING, March 21 /PRNewswire-FirstCall/ -- CCBN 2008 -- Broadcom Corporation , a global leader in semiconductors for wired and wireless communications, today announced that it is the first company to demonstrate single-chip high definition (HD) audio video coding standard (AVS) for digital set-top box (STB) applications. The highly integrated system-on-a-chip (SoC) solution will enable set-top box manufacturers to rapidly design and deploy HD boxes compliant with China's new AVS specification. The new Broadcom(R) AVS-compliant high definition STB SoC will be demonstrated at this week's China Content Broadcasting Network (CCBN) Conference in Booth #3501.

    AVS was approved as a Chinese national standard in March 2006 and is now being implemented in IPTV trials by China Netcom, a leading broadband communications and fixed-line telecommunications operator in China. China Netcom decided to use AVS in its IPTV roll-outs instead of MPEG-4 or H.264/AVC and is planning to deploy 300,000 AVS-based IP set-top boxes in the Dalian, Liaoning province this year. AVS is also supported by the Ministry of Information Industry in China, who is encouraging companies to make AVS a required part of the STB specification.

    "Broadcom is leading the market in supporting AVS technology and is paving the way to make high definition TV a reality in China," said Gao Wen, Principal Scientist of China Netcom.

    The AVS specification provides one of the most comprehensive standardization solutions for the Chinese digital video and audio industry because it addresses system level content transport, video/audio coding formats and media copyright management. It also provides video coding efficiency that is 2 to 3 times more efficient than MPEG-2 (and equivalent to H.264).

    To address China's AVS market opportunity, Broadcom's highly integrated BCM7405 multi-format, high definition video/audio SoC solution provides AVS support and advanced capabilities such as networked personal video recording (PVR) with high-performance media server functionality. Additional system benefits include support for low cost, high-speed DDR2 and NAND flash technologies.

    The BCM7405 has been selected by Sunniwell, a leading service provider of IP set-top box solutions, for its S-Box7500 HD set-top box. The high performance S-Box7500 supports digital video formats including AVS, H.264 and VC-1, advanced applications such as PVR and VoIP, and support for both IPTV and broadcast DVB applications.

    "As a major STB manufacturer and long term customer of Broadcom, we are pleased to continue working with them to deliver an advanced, high definition AVS IP set-top box solution for the Chinese market," said Jiang Wen, CEO and General Manager of Sunniwell. "Utilizing Broadcom's BCM7405 within the S-Box7500 will enable end users to continue to enjoy high quality digital video content without inconvenience as the industry transitions to this new standard."

    The BCM7405 is designed in a 65 nanometer (nm) CMOS process that provides significant benefits over previous geometries by enabling lower power consumption, higher CPU and memory performance, and higher levels of integration. Furthermore, support for high-speed DDR2 and NAND flash memory technologies will enable equipment manufacturers to significantly reduce bill of materials (BOM) costs.

    "Our set-top box demonstration at CCBN is the first of its kind to show high definition AVS support and underlines our strong commitment to China and the business opportunities it presents," said Dan Marotta, Senior Vice President and General Manager of Broadcom's Broadband Communications Group. "The BCM7405 anticipates the future needs of our customers and service providers as the industry transitions to support this new Chinese video/audio standard."

    AVS is championed by the AVS Industry Alliance (AVSA), an organization established to foster the development of the new audio and video coding standard through industry collaboration and technological advancement. Since its inception in 2002, AVSA has been supported by academic societies, governmental agencies and industry leaders.

    "Broadcom's BCM7405 chip provides a ready-to-deploy, high definition set-top box solution that will greatly accelerate the commercialization and adoption of AVS," said Zhang Weimin, the Secretary General of the AVS Alliance.

    Technical Information

    The BCM7405 is a high performance, high definition, cable, satellite, IPTV and terrestrial set-top box system-on-chip solution with DVR capabilities. It combines a fast 1100-DMIPS MIPS32(R)/MIPS16e(TM)-class CPU, high-speed graphics processing (including video scaling and motion adaptive de-interlacing), a very flexible data transport processor, an MPEG-4/VC-1/MPEG-2/AVS-compliant video decoder, a programmable audio decoder, six video DACs, stereo high-fidelity audio DACs, dual Fast Ethernet ports (one with an integrated PHY), triple USB 2.0, a PCI 2.3/expansion bus, a high-speed DDR2-800 memory controller, and a peripheral control unit that provides a variety of set-top box control functions.

    Designed in a 65nm CMOS process, the BCM7405 offers one of the highest levels of single-chip system performance available for STB applications. Key features include:

    -- HD and SD simultaneous decode -- Very high performance graphics scaling, blitting and blending -- PC client usage modes to support PC-oriented content viewing on televisions -- Standby modes that offer equipment vendors significant flexibility in configuring various low power standby modes of operation -- An integrated and highly developed security processor that supports real-time encryption and decryption for advanced conditional access and digital rights management (DRM). Availability and Pricing

    The BCM7405 digital video/audio set-top box SoC is now sampling to early access customers. Pricing is available upon request to set-top box manufacturers.

    About Broadcom's Broadband Communications Group

    Broadcom offers manufacturers a range of broadband communications and consumer electronics system-on-a-chip (SoC) solutions that enable voice, video, data and multimedia services over residential wired and wireless networks. These highly integrated silicon solutions continue to enable the most advanced system solutions on the market, which include digital cable, satellite and IP set-top boxes and media servers, broadband modems and residential gateways, high definition and digital televisions, Blu-ray Disc(R) players and recorders and personal video recorders and media PC technology.

    About Broadcom

    Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. We provide the industry's broadest portfolio of state-of-the-art, system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything(R).

    Broadcom is one of the world's largest fabless semiconductor companies, with 2007 revenue of $3.78 billion, and holds over 2,500 U.S. and 1,100 foreign patents, more than 7,400 additional pending patent applications, and one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video, data and multimedia.

    Broadcom is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at +1.949.926.5000 or at http://www.broadcom.com/.

    Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

    All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

    Important factors that may cause such a difference for Broadcom in connection with BCM7405B set-top box products include, but are not limited to, general economic and political conditions and specific conditions in the markets we address, including the volatility in the technology sector and semiconductor industry, trends in the broadband communications markets in various geographic regions, including seasonality in sales of consumer products into which our products are incorporated, and possible disruption in commercial activities related to terrorist activity or armed conflict in the United States and other locations; the rate at which our present and future customers and end-users adopt Broadcom's technologies and products in the markets for next generation cable, satellite, IPTV and terrestrial set-top box applications; delays in the adoption and acceptance of industry standards in those markets; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; the gain or loss of a key customer, design win or order; our ability to scale our operations in response to changes in demand for our existing products and services or demand for new products requested by our customers; our ability to specify, develop or acquire, complete, introduce, market and transition to volume production new products and technologies in a cost- effective and timely manner; intellectual property disputes and customer indemnification claims and other types of litigation risk; our ability to retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement our business and product plans the quality of our products and any remediation costs; changes in our product or customer mix; the volume of our product sales and pricing concessions on volume sales; the effectiveness of our expense and product cost control and reduction efforts; our ability to timely and accurately predict market requirements and evolving industry standards and to identify opportunities in new markets; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration; the risks and uncertainties associated with our international operations; competitive pressures and other factors such as the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; the timing of customer-industry qualification and certification of our products and the risks of non-qualification or non-certification; the availability and pricing of third party semiconductor foundry, assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly facilities; the effects of natural disasters, public health emergencies, international conflicts and other events beyond our control; the level of orders received that can be shipped in a fiscal quarter; and other factors.

    Our Annual Report on Form 10-K, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.

    Broadcom(R), the pulse logo, Connecting everything(R), and the Connecting everything logo are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Blu-ray Disc(R) is a trademark of Sony Corporation. MIPS32(R) and MIPS16e(TM) are trademarks of MIPS Technologies, Inc. Any other trademarks or trade names mentioned are the property of their respective owners.

    Broadcom Trade Press Contact Laura Brandlin Senior Director, Marketing Communications 949-926-5108 lbrandlin@broadcom.com Broadcom Investor Relations Contact T. Peter Andrew Vice President, Corporate Communications 949-926-5663 andrewtp@broadcom.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20060609/BROADCOMLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Broadcom Corporation; BRCM Broadband

    CONTACT: Trade Press, Laura Brandlin, Senior Director, Marketing
    Communications, +1-949-926-5108, lbrandlin@broadcom.com, or Investor
    Relations, T. Peter Andrew, Vice President, Corporate Communications,
    +1-949-926-5663, andrewtp@broadcom.com, both of Broadcom Corporation

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




    Broadcom and Coship Electronics Collaborate to Deliver First Commercial High Definition Set-Top Box Solution for China, in Time for Beijing OlympicsChinese Olympic Viewers Set to Enjoy Unprecedented HD Viewing, Personal Video Recording and the Latest Interactive Features Powered by Broadcom's New STB SoC

    BEIJING, March 21 /PRNewswire-FirstCall/ -- CCBN 2008 -- Broadcom Corporation , a global leader in semiconductors for wired and wireless communications, today announced the first high definition (HD), personal video recording (PVR) set-top box (STB) system-on-a-chip (SoC) solution for China. The result of the collaboration between Broadcom and Coship Electronics Co. Ltd., the first commercial high definition STB in China will provide advanced HD viewing, full 1080p support, improved picture quality, PVR functionality, interactive services (such as video-on-demand and pay-per-view) and a completely new video and audio experience, all in anticipation of the high profile 2008 Beijing Olympics.

    The new Broadcom(R) multi-format, high definition set-top box SoC solution, with digital video recording (DVR) capabilities, enables manufacturers to build next generation cable, satellite and IPTV HD set-top boxes that support the Chinese set-top box market. Coship, the leading STB solution provider in China, is currently developing next generation set-top boxes (model numbers N8603 and N8606) that use Broadcom's new high definition STB SoC solution, and will provide Chinese consumers with unprecedented HD viewing, the latest interactive features and a wide range of video compression standards. The Coship N8603 will also include networked PVR functionality. These advanced capabilities and services will allow the Chinese viewing audience to have more control and flexibility when watching their favorite television shows and for upcoming sporting events during the Summer Olympic Games in August.

    "We are very pleased to be working with Broadcom to deliver high definition and advanced functionality, such as PVR, to China's TV market," said Bright Yuan, CEO at Coship Electronics Co., Ltd. "In conjunction with the development of the digital TV industry and the upcoming Olympics, we hope to bring advanced high definition STB products, value-added services with richer functions, and a better user experience to the Chinese television market."

    According to In-Stat market research, China's set-top box market is rapidly growing, and by partnering with China's foremost supplier of STB products, Broadcom is ideally suited to expand its portfolio into this promising market.

    "It is estimated that approximately 14 million Chinese digital cable set-top boxes were shipped in 2007, and shipments are expected to reach 17.6 million units in 2012," said Anty Zheng, Vice President of In-Stat China. "This rapidly expanding market should represent a significant growth opportunity for Broadcom's STB business, given the company's leading technology, key partnerships and significant design wins with leading Chinese set-top box manufacturers such as Coship."

    Announced today is the Broadcom BCM7403 high definition STB system-on-a-chip solution for China. This highly integrated HD AVC/VC-1/MPEG-2 digital video SoC solution enables manufacturers to cost effectively develop extremely high performance set-top boxes that integrate the most advanced hardware features and functionality to securely decode, store and share multiple types of media including HDTV, video-on-demand, and Internet and digital music content. Designed for cable, satellite and IP set-top boxes, the new BCM7403 provides advanced PVR capabilities and advanced playback of content from non-traditional sources, such as the Web or PC, directly to the television. Broadcom's new high definition STB SoC will be demonstrated at this week's China Content Broadcasting Network (CCBN) Conference in Booth #3501.

    "The collaboration with Coship Electronics demonstrates our technological leadership and commitment to developing advanced solutions in China," said Dan Marotta, Senior Vice President and General Manager of Broadcom's Broadband Communications Group. "We plan to continue working closely with Coship to provide more products to the rapidly growing Chinese market, which in turn, will provide consumers with a richer and higher quality media experience."

    Technical Information

    The BCM7403 is a high definition cable, satellite and IP set-top box DVR solution offering integrated AVC (H.264/MPEG-4 Part 10), MPEG-2, DivX, MPEG-4 Part 2 SD SP/ASP, and VC-1 video decoding technology. It combines a data transport processor, high definition AVC/MPEG-2/MPEG-4/ DivX/VC-1 video decoder, advanced-audio decoder, 2D graphics processing, high quality video scaling and motion adaptive de-interlacing, six video DACs, stereo high-fidelity audio DACs, a MIPS32(R)/MIPS16e(TM) CPU, and a peripheral control unit providing a variety of set-top box control functions.

    Availability and Pricing

    The BCM7403 high definition set-top box SoC is now sampling to early access customers. Pricing is available upon request to set-top box manufacturers.

    About Broadcom's Broadband Communications Group

    Broadcom offers manufacturers a range of broadband communications and consumer electronics system-on-a-chip (SoC) solutions that enable voice, video, data and multimedia services over residential wired and wireless networks. These highly integrated silicon solutions continue to enable the most advanced system solutions on the market, which include digital cable, satellite and IP set-top boxes and media servers, broadband modems and residential gateways, high definition and digital televisions, Blu-ray Disc(R) players and recorders and personal video recorders and media PC technology.

    About Broadcom

    Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. We provide the industry's broadest portfolio of state-of-the-art, system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything(R).

    Broadcom is one of the world's largest fabless semiconductor companies, with 2007 revenue of $3.78 billion, and holds over 2,500 U.S. and 1,100 foreign patents, more than 7,400 additional pending patent applications, and one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video, data and multimedia.

    Broadcom is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at +1.949.926.5000 or at http://www.broadcom.com/.

    About COSHIP

    COSHIP Electronics Co., Ltd., founded in 1994, is a well-known Hi-tech enterprise in China, specializing in R&D, manufacture and marketing of satellite/cable/terrestrial digital TV receivers, professional head-end IRD, IP STB (Set-Top Box), cable modem, GPS products, security products and LED displays. As the China's largest STB provider and one of global leading STB providers, COSHIP provides over 4 million STBs in 2006, which are worldwide deployed in Europe, Middle East, Asia, Australia, North America, South America and Africa. Meanwhile, COSHIP maintains tremendous growth and has been the number one STB exporter in China for the past five consecutive years.

    Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

    All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward- looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

    Important factors that may cause such a difference for Broadcom in connection with BCM7403 high definition set-top box products include, but are not limited to, general economic and political conditions and specific conditions in the markets we address, including the volatility in the technology sector and semiconductor industry, trends in the broadband communications markets in various geographic regions, including seasonality in sales of consumer products into which our products are incorporated, and possible disruption in commercial activities related to terrorist activity or armed conflict in the United States and other locations; the rate at which our present and future customers and end-users adopt Broadcom's technologies and products in the markets for next generation cable, satellite, IPTV and terrestrial set-top box applications; delays in the adoption and acceptance of industry standards in those markets; the timing, rescheduling or cancellation of significant customer orders and our ability, as well as the ability of our customers, to manage inventory; the gain or loss of a key customer, design win or order; our ability to scale our operations in response to changes in demand for our existing products and services or demand for new products requested by our customers; our ability to specify, develop or acquire, complete, introduce, market and transition to volume production new products and technologies in a cost- effective and timely manner; intellectual property disputes and customer indemnification claims and other types of litigation risk; our ability to retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement our business and product plans the quality of our products and any remediation costs; changes in our product or customer mix; the volume of our product sales and pricing concessions on volume sales; the effectiveness of our expense and product cost control and reduction efforts; our ability to timely and accurately predict market requirements and evolving industry standards and to identify opportunities in new markets; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration;; the risks and uncertainties associated with our international operations; competitive pressures and other factors such as the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; the timing of customer-industry qualification and certification of our products and the risks of non- qualification or non-certification; the availability and pricing of third party semiconductor foundry, assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly facilities; the effects of natural disasters, public health emergencies, international conflicts and other events beyond our control; the level of orders received that can be shipped in a fiscal quarter; and other factors.

    Our Annual Report on Form 10-K, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of this date. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.

    Broadcom(R), the pulse logo, Connecting everything(R), and the Connecting everything logo are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Blu-ray Disc(R) is a trademark of Sony Corporation. MIPS(R) and MIPS16e(TM) are trademarks of MIPS Technology, Inc. Any other trademarks or trade names mentioned are the property of their respective owners.

    Broadcom Trade Press Contact Laura Brandlin Senior Director, Marketing Communications 949-926-5108 lbrandlin@broadcom.com Broadcom Investor Relations T. Peter Andrew Vice President, Corporate Communications 949-926-5663 andrewtp@broadcom.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20060609/BROADCOMLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Broadcom Corporation; BCRM Broadband

    CONTACT: trade press, Laura Brandlin, Senior Director, Marketing
    Communications, +1-949-926-5108, lbrandlin@broadcom.com, or investor
    relations, T. Peter Andrew, Vice President, Corporate Communications,
    +1-949-926-5663, andrewtp@broadcom.com, both of Broadcom Corporation

    Web site: http://www.broadcom.com/
    http://www.coship.com/




    ITC^DeltaCom Reports 2007 Fourth Quarter and Full-Year Results

    HUNTSVILLE, Ala., March 20 /PRNewswire-FirstCall/ -- ITC^DeltaCom, Inc. (BULLETIN BOARD: ITCD) , a leading provider of integrated communications services to customers in the southeastern United States, today reported its operating and financial results for the quarter and the year ended December 31, 2007.

    For the quarter ended December 31, 2007, ITC^DeltaCom reported total operating revenues of $122.0 million, a net loss of $(11.6) million, and EBITDA* of $19.7 million (excluding stock-based compensation as explained below). For the year ended December 31, 2007, ITC^DeltaCom reported total operating revenues of $492.1 million, a net loss of $(177.0) million, and EBITDA* of $77.0 million (excluding certain one-time costs and losses and stock-based compensation associated with the Company's refinancing and recapitalization consummated on July 31, 2007 as explained below).

    "Our investments in new products and customer service enhancements resulted in strong customer growth in 2007, with a 15% increase in our core facilities-based retail business lines," said Randall E. Curran, ITC^DeltaCom's Chief Executive Officer. He continued, "At the same time, we've maintained focus on increasing the efficiency of our network, and we're pleased to see the results of all of these initiatives in our 2007 results."

    Among its operating highlights for the fourth quarter and the year, ITC^DeltaCom:

    -- Increased EBITDA (excluding $9.2 million of stock-based compensation and $122.4 million of costs and losses from the extinguishment of debt and unused equity commitment in connection with the refinancing and recapitalization transactions it completed on July 31, 2007), to $77.0 million for the year, which represented a 19% increase over 2006 EBITDA of $64.7 million (excluding $2.6 million of stock-based compensation, $500,000 of restructuring expenses and $330,000 cost of hurricane impact); -- Increased EBITDA (excluding $4.5 million of stock-based compensation) to $19.7 million for the quarter, which represented a 19.4% increase over EBITDA of $16.5 million (excluding $684,000 of stock-based compensation and $22,000 restructuring expenses) for the fourth quarter of 2006; -- Increased unlevered free cash flow to $9.2 million for the quarter compared to $7.3 million for the fourth quarter of 2006, an increase of 26%; -- Expanded its customer base by adding approximately 43,500 core facilities-based retail business voice lines in service (including both UNE-T and UNE lines), representing 15% growth from year end 2006 to year end 2007 and increased those lines as a percentage of total retail business voice lines in service from 75% to 81%; -- Grew business local, data and Internet revenues by $21.7 million for the 2007 year, or 9.3%, and increased equipment sales for the 2007 year by 7.9% over 2006; -- Reduced cost of services and equipment as a percentage of total operating revenues to 47.2% for the 2007 year from 50.1% for the 2006 year by eliminating excess costs from our network; -- Strengthened its balance sheet by reducing its outstanding debt by approximately $63 million, reducing its annual borrowing costs by approximately $25 million, and eliminating approximately $7 million of annual in-kind dividends on its formerly outstanding preferred stock through the refinancing and recapitalization transactions completed on July 31, 2007, and -- Generated more than $30 million in unlevered free cash flow for the year.

    "We're pleased to report strong growth in our core retail revenues, increased operating profitability, and over $30 million in unlevered free cash flow during 2007," said Richard E. Fish, Executive Vice President and Chief Financial Officer. "In addition, we completed refinancing transactions in 2007 that we believe have resulted in substantial enhancements to shareholder value."

    * EBITDA represents net income (loss) before interest, taxes, depreciation and amortization, all as disclosed in the consolidated statements of operations and comprehensive loss. EBITDA is not a measurement of financial performance under accounting principles generally accepted in the United States. For information about management's reasons for providing data with respect to EBITDA, the limitations associated with the use of EBITDA and a quantitative reconciliation of EBITDA to net loss, as net loss is calculated in accordance with generally accepted accounting principles, see the accompanying table captioned "EBITDA Reconciliation." ** Unlevered free cash flow is defined by ITC^DeltaCom as net cash provided by operating activities, less capital expenditures, changes in accrued capital-related costs and equipment purchased through capital leases plus interest expense net of interest income, debt prepayment penalties paid in cash and equity commitment fees paid, all as disclosed in the consolidated statements of cash flows or the consolidated statements of operations and comprehensive loss. Unlevered free cash flow is not a measurement of financial performance under accounting principles generally accepted in the United States. For information about management's reasons for providing data with respect to unlevered free cash flow, the limitations associated with the use of unlevered free cash flow and a quantitative reconciliation of unlevered free cash flow to net cash provided by operating activities, as net cash provided by operating activities is calculated in accordance with generally accepted accounting principles, see the accompanying table captioned "Unlevered Free Cash Flow Reconciliation." ABOUT ITC^DELTACOM, INC.

    ITC^DeltaCom, Inc., headquartered in Huntsville, Alabama, provides, through its operating subsidiaries, integrated telecommunications and technology services to businesses and consumers in the southeastern United States. ITC^DeltaCom has a fiber optic network spanning approximately 15,800 route miles, including more than 11,800 route miles of owned fiber, and offers a comprehensive suite of voice and data communications services, including local, long distance, broadband data communications, Internet connectivity, and customer premise equipment to end-user customers. ITC^DeltaCom is one of the largest competitive telecommunications providers in its primary eight- state region. For more information about ITC^DeltaCom, visit ITC^DeltaCom's Web site at http://www.deltacom.com/.

    FORWARD-LOOKING STATEMENTS

    Except for the historical and present factual information contained herein, this release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this release, the words "anticipate," "believe," "estimate," "expect," "intend," "plan" and similar expressions as they relate to ITC^DeltaCom, Inc. or its management are intended to identify these forward-looking statements. All statements by the Company regarding its expected financial position, revenues, liquidity, cash flow and other operating results, balance sheet improvement, business strategy, financing plans, forecasted trends related to the markets in which it operates, legal proceedings and similar matters are forward-looking statements. The Company's actual results could be materially different from its expectations because of various risks. These risks, some of which are discussed under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2007, and in the Company's subsequent SEC reports, include the Company's dependence on new product development, rapid technological and market change, the Company's dependence upon rights of way and other third- party agreements, debt service and other cash requirements, liquidity constraints and risks related to future growth and rapid expansion. Other important risk factors that could cause actual events or results to differ from those contained or implied in the forward-looking statements include, without limitation, customer attrition, delays or difficulties in deployment and implementation of colocation arrangements and facilities, appeals of or failures by third parties to comply with rulings of governmental entities, inability to meet installation schedules, general economic and business conditions, failure to maintain underlying service/vendor arrangements, competition, adverse changes in the regulatory or legislative environment, and various other factors beyond the Company's control. ITC^DeltaCom disclaims any responsibility to update these forward-looking statements.

    Investor Contact: Richard E. Fish Chief Financial Officer 256-382-3827 richard.fish@deltacom.com ITC^DeltaCom, Inc. Financial Highlights (In thousands, except share and per share data) Year Ended December 31, 2007 2006 OPERATING REVENUES: Integrated communications services $395,573 $381,766 Wholesale services 70,590 81,785 Equipment sales and related services 25,985 24,089 TOTAL OPERATING REVENUES 492,148 487,640 COSTS AND EXPENSES: Cost of services and equipment, excluding depreciation and amortization 232,192 244,278 Selling, operations and administration expense 192,085 182,873 Depreciation and amortization 74,166 59,832 Total operating expenses 498,443 486,983 OPERATING INCOME (LOSS) (6,295) 657 OTHER (EXPENSE) INCOME: Interest expense (50,598) (57,625) Interest income 2,293 2,678 Prepayment penalties on debt extinguished (8,208) - Debt issuance cost write-off (7,298) - Loss on extinguishment of debt (105,269) - Cost of unused equity commitment (1,620) - Other income (expense) (31) 831 Total other expense, net (170,731) (54,116) LOSS BEFORE INCOME TAXES (177,026) (53,459) INCOME TAX EXPENSE - - NET LOSS (177,026) (53,459) PREFERRED STOCK DIVIDENDS AND ACCRETION (39,306) (7,445) CHARGE DUE TO PREFERRED STOCK REDEMPTION AND CONVERSION (44,250) - NET LOSS APPLICABLE TO COMMON STOCKHOLDERS $(260,582) $(60,904) BASIC AND DILUTED NET LOSS PER COMMON SHARE $(6.68) $(3.25) BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 39,001,228 18,751,067 ITC^DeltaCom, Inc. Quarterly Highlights (Unaudited) (In thousands) Three Months Ended Dec. 31, Sept. 30, June 30, March 31, Dec. 31, 2007 2007 2007 2007 2006 Integrated communications services revenues: (1) Long distance and access $18,146 $19,476 $20,220 $19,568 $19,534 Business local, data and internet 81,162 80,904 79,072 77,025 75,317 Total integrated communications services revenues 99,308 100,380 99,292 96,593 94,851 Equipment sales and related services revenues 5,780 7,027 6,285 6,893 5,827 Wholesale services revenues: Broadband transport 13,287 13,613 13,986 13,976 14,318 Local interconnection 1,279 1,434 1,644 1,900 1,507 Directory assistance and operator services 1,344 1,402 1,387 1,429 1,985 Other 982 906 978 1,043 1,285 Total wholesale services revenues 16,892 17,355 17,995 18,348 19,095 Total operating revenues 121,980 124,762 123,572 121,834 119,773 COSTS AND EXPENSES: Cost of services and equipment, excluding depreciation and amortization 56,577 58,838 58,668 58,109 56,722 Selling, operations and administration expense 50,239 48,713 46,146 46,963 47,376 Depreciation and amortization 19,079 19,449 18,260 17,378 16,448 Restructuring - - - 24 22 Total operating expenses 125,895 127,000 123,074 122,474 120,568 OPERATING INCOME (LOSS) $(3,915) $(2,238) $498 $(640) $(795) (1) Certain amounts have been reclassified for presentation purposes. ITC^DeltaCom, Inc. Quarterly Highlights (continued) (Unaudited) Three Months Ended Dec. 31, Sept. 30, June 30, March 31, Dec. 31, 2007 2007 2007 2007 2006 Retail business voice lines in service(1) UNE-T and UNE lines(2) 339,534 327,915 316,267 309,178 295,995 Increase from previous quarter 3.5% 3.7% 2.3% 4.5% 4.1% Resale and UNEP lines(3) 78,976 83,697 89,454 94,373 98,847 (Decrease) from previous quarter (5.6%) (6.4%) (5.2)% (4.5)% (3.1)% Total retail business voice lines in service 418,510 411,612 405,721 403,551 394,842 Wholesale voice lines in service(4) 40,319 42,596 46,345 49,427 47,702 Increase (decrease) from previous quarter (5.3%) (8.1%) (6.2)% 3.6% (10.4)% Total business voice lines in service (5) 458,829 454,208 452,066 452,978 442,544 Number of employees (6) 1,800 1,813 1,807 1,867 1,975 (1) Lines in service include only voice lines in service. Conversion of data services provided to customers to a voice line equivalent is not included. (2) Facilities-based service offering in which ITC^DeltaCom provides local transport through its owned and operated switching facilities. (3) Resale service offering in which ITC^DeltaCom provides local service through a leased switch port and loop from the local operating company. (4) Represents primary rate interface circuits provided as part of ITC^DeltaCom's local interconnection services for Internet service providers. (5) Reported net of lines disconnected or canceled. (6) Includes full-time and part-time employees. ITC^DeltaCom, Inc. Balance Sheet and Other Financial Highlights (In thousands) Balance Sheet Data (at period end): Dec. 31, Dec. 31, 2007 2006 Cash and cash equivalents (unrestricted) $57,505 $67,643 Working capital 42,179 24,009 Total assets 398,366 435,582 Long-term liabilities 306,535 338,512 Convertible redeemable preferred stock 34,351 74,170 Stockholders' deficit (23,924) (91,039) Total liabilities and stockholders' deficit 398,366 435,582 Year Ended December 31, Other Financial Data: 2007 2006 Capital expenditures(1) $50,489 $46,880 Cash flows provided by operating activities 23,163 28,676 Cash flows used in investing activities 50,745 46,913 Cash flows provided by financing activities 17,444 16,520 EBITDA(2)(3) (54,555) 61,320 Three Months Ended Dec. 31, Sept. 30, June 30, March 31, Dec. 31, Other Financial Data: 2007 2007 2007 2007 2006 (Unaudited) Capital expenditures(1) $12,215 $11,508 $13,105 $13,661 $13,092 Cash flows (used in) provided by: Operating activities 13,740 (5,712) 8,739 6,396 6,154 Investing activities (12,552) (11,767) (13,269) (13,157) (13,622) Financing activities (2,111) 22,817 (3,079) (183) 17,534 EBITDA (2)(3)(4) 15,151 (105,225) 18,769 16,750 15,762 Unlevered free cash flow (5) 9,240 3,222 10,677 7,433 7,287 ITC^DeltaCom, Inc. Balance Sheet and Other Financial Highlights (continued) (In thousands) Notes: (1) Includes equipment purchased through capital leases and changes in accrued capital related costs. (2) EBITDA represents net income (loss) before interest, taxes, depreciation and amortization. EBITDA is not a measurement of financial performance under accounting principles generally accepted in the United States. For information about management's reasons for providing data with respect to EBITDA and the limitations associated with the use of EBITDA, and for a quantitative reconciliation of EBITDA to net loss, as net loss is calculated in accordance with generally accepted accounting principles, see the accompanying table captioned "EBITDA Reconciliation." (3) EBITDA in the table above includes the following items for the reported periods in 2007 and 2006: Year Ended December 31, Items included in EBITDA: 2007 2006 Restructuring expenses $24 $501 Non-cash loss on extinguishment of debt 105,269 - Debt issue cost write-off 7,298 - Prepayment penalties on debt 8,208 - Equity commitment fee 1,620 - Stock-based compensation(6) 9,169 2,569 Hurricane Katrina impact - 330 $131,588 $3,400 (4) For 2007 and 2006 three-month periods, EBITDA included the following: Three Months Ended Dec. 31, Sept. 30, June 30, March 31, Dec. 31, 2007 2007 2007 2007 2006 (Unaudited) Items included in EBITDA: (Unaudited) Restructuring expenses $- $- $- $24 $22 Non-cash loss on extinguishment of debt - 105,269 - - - Debt issue cost write-off - 7,298 - - - Prepayment penalties on debt - 8,208 - - - Equity commitment fee - 1,620 - - - Stock-based compensation(6) 4,470 3,268 710 721 684 $4,470 $125,663 $710 $745 $706 ITC^DeltaCom, Inc. Balance Sheet and Other Financial Highlights (continued) (Unaudited) (In thousands) Notes: (continued) (5) Unlevered free cash flow is defined by ITC^DeltaCom as net cash provided by operating activities, less capital expenditures, changes in accrued capital related costs and equipment purchased through capital leases plus interest expense net of interest income, debt prepayment penalties paid in cash and equity commitment fees paid all as disclosed in the condensed consolidated statements of cash flows or the condensed consolidated statements of operations. Unlevered free cash flow is not a measurement of financial performance under accounting principles generally accepted in the United States. For information about management's reasons for providing data with respect to unlevered free cash flow, the limitations associated with the use of unlevered free cash flow and a quantitative reconciliation of unlevered free cash flow to net cash provided by operating activities, as net cash provided by operating activities is calculated in accordance with generally accepted accounting principles, see the accompanying table captioned "Unlevered Free Cash Flow Reconciliation." (6) $2.4 million of stock-based compensation in the three months ended September 30, 2007 is attributable to required accounting treatment for modification of compensatory equity awards as a result of the recapitalization transactions consummated on July 31, 2007. $3.6 million of stock-based compensation in the three months ended December 31, 2007 is attributable to required accounting treatment for compensatory equity awards as a result of the modification on December 21, 2007 of the terms of vesting for certain awards. ITC^DeltaCom, Inc. EBITDA Reconciliation (In thousands) (Unaudited)

    EBITDA represents net income (loss) before interest, taxes, depreciation and amortization. EBITDA is not a measurement of financial performance under accounting principles generally accepted in the United States. The following table presents EBITDA amounts for the fiscal years and fiscal quarters indicated and also sets forth a quantitative reconciliation of EBITDA to net loss, as net loss is calculated in accordance with generally accepted accounting principles:

    Year Ended December 31, 2007 2006 Net loss $(177,026) $(53,459) Add: items not included in EBITDA: Depreciation and amortization 74,166 59,832 Interest expense, net of interest income 48,305 54,947 EBITDA $(54,555) $61,320 Three Months Ended Dec. 31, Sept. 30, June 30, March 31, Dec. 31, 2007 2007 2007 2007 2006 (Unaudited) Net loss $(11,643) $(135,523) $(14,534) $(15,326) $(15,006) Add: items not included in EBITDA: Depreciation and amortization 19,079 19,449 18,260 17,378 16,448 Interest expense, net of interest income 7,715 10,849 15,043 14,698 14,320 EBITDA $15,151 $(105,225) $18,769 $16,750 $15,762

    ITC^DeltaCom has included data with respect to EBITDA because its management evaluates and projects the performance of ITC^DeltaCom's business using several measures, including EBITDA. Management considers EBITDA to be an important supplemental indicator of its operating performance, particularly as compared to the operating performance of its competitors, because this measure eliminates many differences among companies in financial, capitalization and tax structures, capital investment cycles and ages of related assets, as well as some recurring non-cash and non-operating supplemental information to investors regarding its operating performance and facilitates comparisons by investors between the operating performance of ITC^DeltaCom and the operating performance of ITC^DeltaCom's competitors. ITC^DeltaCom's management believes that consideration of EBITDA should be supplemental, because EBITDA has limitations as an analytical financial measure. These limitations include the following:

    -- EBITDA does not reflect ITC^DeltaCom's cash expenditures, or future requirements for capital expenditures, or contractual commitments; -- EBITDA does not reflect the interest expense, or the cash requirements necessary to service interest or principal payments, on ITC^DeltaCom's indebtedness; -- EBITDA does not reflect depreciation and amortization charges, and although such are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future and EBITDA does not reflect any cash requirements for such replacements; -- EBITDA does not reflect the effect of earnings or charges resulting from matters ITC^DeltaCom's management considers not to be indicative of its ongoing operations; and -- EBITDA may be calculated in a different manner by other companies in ITC^DeltaCom's industry, which limits its usefulness as a comparative measure.

    ITC^DeltaCom's management compensates for these limitations by relying primarily on its results under generally accepted accounting principles to evaluate its operating performance and by considering independently the economic effects of the foregoing items that are not reflected in EBITDA. As a result of these limitations, EBITDA should not be considered as an alternative to net income (loss), as calculated in accordance with generally accepted accounting principles, as a measure of operating performance, nor should it be considered as an alternative to cash flows, as calculated in accordance with generally accepted accounting principles, as a measure of liquidity.

    ITC^DeltaCom, Inc. Unlevered Free Cash Flow Reconciliation (In thousands) (Unaudited)

    Unlevered free cash flow is defined by ITC^DeltaCom as net cash provided by operating activities, less capital expenditures, changes in accrued capital related costs and equipment purchased through capital leases plus interest expense net of interest income, debt prepayment penalties paid in cash and equity commitment fees paid, all as disclosed in the condensed consolidated statements of cash flows or the condensed consolidated statements of operations. Unlevered free cash flow is not a measurement of financial performance under accounting principles generally accepted in the United States. The following table presents unlevered free cash flow amounts for the years and fiscal quarters indicated and also sets forth a quantitative reconciliation of unlevered free cash flow to net cash provided by operating activities, as net cash provided by operating activities is calculated in accordance with generally accepted accounting principles:

    Year Ended December 31, 2007 2006 Net cash provided by operating activities $23,163 $28,676 Add: Interest expense, net of interest income 48,305 54,947 Prepayment penalties on debt paid in cash 7,973 - Equity commitment fee 1,620 - Less: Capital expenditures (47,888) (46,068) Change in accrued capital related costs (1,158) (812) Equipment purchased through capital leases (1,443) - Unlevered free cash flow $30,572 $36,743 Three Months Ended Dec. 31, Sept. 30, June 30, March 31, Dec. 31, 2007 2007 2007 2007 2006 (Unaudited) Net cash provided by operating activities $13,740 $(5,712)(1) $8,739 $6,396 $6,154 Add: Interest expense, net of interest income 7,715 10,849 15,043 14,698 14,320 Prepayment penalties on debt paid in cash - 7,973 - - - Equity commitment fee - 1,620 - - - Less: Capital expenditures (14,053) (11,965) (12,826) (9,044) (16,556) Change in accrued capital related costs 1,838 457 (279) (3,174) 3,464 Equipment purchased through capital leases - - - (1,443) (95) Unlevered free cash flow $9,240 $3,222 $10,677 $7,433 $7,287 ITC^DeltaCom, Inc. Unlevered Free Cash Flow Reconciliation (In thousands) (Unaudited) Notes: (1) Cash payments of interest during the three months ended Sept. 30, 2007 included two quarterly interest payments and totaled $19.5 million compared to interest expenses of $11.4 million recorded for this period. Before the refinancing completed on July 31, 2007, interest payments were due and made on the first day of each quarter. After the refinancing, interest payments were due and made on the last day of the quarter. The additional quarterly interest paid during the quarter as a result of the refinancing totaled $9.9 million. ITC^DeltaCom, Inc. Unlevered Free Cash Flow Reconciliation (continued) (In thousands) (Unaudited)

    ITC^DeltaCom has included data with respect to unlevered free cash flow because its management considers unlevered free cash flow to be a useful, supplemental indicator of its operating performance because, when measured over time, unlevered free cash flow provides supplemental information to investors concerning the growth rate in ITC^DeltaCom's operating results and its ability to generate cash flows to satisfy mandatory debt service requirements and make other mandatory, non-discretionary expenditures.

    -- ITC^DeltaCom's management believes that consideration of unlevered free cash flow should be supplemental, however, because unlevered free cash flow has limitations as an analytical financial measure. These limitations include the following: -- Unlevered free cash flow does not reflect ITC^DeltaCom's cash expenditures for interest expense or accrued restructuring and merger costs, prepayment penalties on debt paid in cash, equity commitment fees, changes in restricted cash balances or proceeds from sales of fixed assets; -- ITC^DeltaCom does not pay income taxes due to net operating losses, and therefore, generates greater unlevered free cash flow than a comparable business that does pay income taxes; -- Unlevered free cash flow is subject to variability on a quarterly basis as a result of the timing of payments made or received related to accounts receivable, accounts payable and other current operating assets and liabilities; and -- Unlevered free cash flow may be calculated in a different manner by other companies in ITC^DeltaCom's industry, which limits its usefulness as a comparative measure.

    ITC^DeltaCom's management compensates for these limitations by relying primarily on its results under generally accepted accounting principles to evaluate its operating performance and by considering independently the economic effects of the foregoing items that are not reflected in unlevered free cash flow. As a result of these limitations, unlevered free cash flow should not be considered as a measure of liquidity nor as an alternative to net cash provided by operating activities, cash used in investing activities, cash provided by (used in) financing activities or change in cash and cash equivalents, as calculated in accordance with generally accepted accounting principles.

    ITC^DeltaCom, Inc.

    CONTACT: Investors, Richard E. Fish, Chief Financial Officer,
    ITC^DeltaCom, Inc., +1-256-382-3827, richard.fish@deltacom.com

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




    Xilinx Spartan-3A FPGA Honored for Low Power Capabilities With Portable Design 2008 Editor's Choice AwardWorld's lowest-cost FPGA family recognized by industry's leading resource for portable application designers

    SAN JOSE, Calif., March 20 /PRNewswire/ -- Xilinx, Inc. , the world's leading provider of programmable solutions today announced that Portable Design magazine has named the Xilinx(R) Spartan(TM)-3A I/O-optimized FPGA family as a recipient of the 2008 Editor's Choice Award in the programmable logic category (http://www.portabledesign.com/). Awarded annually, the awards recognize innovative electronic components that make possible the design of leading-edge portable products. While not apparent to consumers, these products are the underlying technology that puts the 'cool' in cell phones, MP3 players and a wide range of consumer devices.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO)

    The low-cost Spartan-3A family was selected among thousands of new products based on its low-power capabilities. Xilinx Spartan-3A devices provide the industry's leading power management solution with built-in dual power management modes, enabling instant power savings and eliminating the need for external components such as regulators, heat sinks, buffers, etc. Spartan-3A devices provide more than 40 percent static power reduction in suspend mode and up to 99 percent in hibernate mode.

    "Every year Portable Design singles out for recognition those new products that we consider to be the most innovative, choosing from among the thousands of product releases that cross our desks," said John Donovan, Portable Design's editor in chief. "The Xilinx Spartan-3A devices were selected based upon their unique dual power-saving features, making them ideal for portable applications, which is what we're all about."

    "We are extremely honored by the recognition of the Spartan-3A family by Portable Design," said David Loftus, vice president and general manager of the General Products Division at Xilinx. "This award is underscored by the success we have seen in portable, high volume, low-power applications such as digital cameras and camcorders."

    Delivering Lowest Total Cost

    Today's high-volume application designers demand lower system cost, higher system integration, and faster time to market. Xilinx has addressed these demands through it multi-platform strategy, providing domain-optimized platforms designed specifically to meet different customer requirements in a wide variety of high volume market segments. This approach has resulted in rapid growth for the Spartan FPGA series, which has grown to over 25 percent of company revenue since its introduction.

    Through the industry's broadest offering of low-cost device package options, most comprehensive IP library (8x) and vast selection of turnkey development boards, Xilinx(R) solutions eliminate the need for additional standard board components, thus reducing overall total cost by up to 50 percent as compared to competing FPGAs.

    Low Cost Design Security with DeviceDNA Technology

    Xilinx Spartan-3A devices offer the ability to deter unauthorized manufacturing such as cloning, overbuilding, and reverse engineering with its unique DeviceDNA serial number. This permanent ID code safeguards hardware and software IP, providing designers with the flexibility to implement custom algorithms that enable authentication, deter cloning, and control IP activation.

    About Portable Design Magazine

    For the past 11 years Portable Design has been "the engineer's resource for portable applications." Each month, Portable Design delivers news, product reviews and feature articles focusing on consumer electronics, portable power and wireless communications. With editions in the United States, China and Taiwan, Portable Design is the only magazine dedicated exclusively to the interests of engineers creating portable electronic devices. For more information on Portable Design magazine, visit http://www.portabledesign.com/.

    About Xilinx

    Xilinx is the worldwide leader in complete programmable logic solutions. For more information, visit http://www.xilinx.com/.

    #0838p Editorial Contact: Tamara Snowden Xilinx, Inc. 408-879-6146 tamara.snowden@xilinx.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO086
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Xilinx, Inc.

    CONTACT: Tamara Snowden of Xilinx, Inc., +1-408-879-6146,
    tamara.snowden@xilinx.com

    Web site: http://www.xilinx.com/
    http://www.portabledesign.com/




    WD(R) Streamlines Media Operations to Address Internal Hard Drive Business NeedsAdjustments Coincide with Expiration of External Supply Obligations

    PENANG, Malaysia and SAN JOSE, Calif., March 20 /PRNewswire-FirstCall/ -- Western Digital(R) announced today that the majority of its media and substrate supply obligations to external customers related to its acquisition of Komag in 2007 will be fulfilled by May 2008, as planned, and that consequently WD will streamline its media and substrate operations to serve only its own hard drive business.

    As part of the realignment of media manufacturing resources, the company will focus its Penang, Malaysia facilities solely on the production of magnetic media, while substrate plating and polishing operations, currently in Penang, will be consolidated into the company's two other Malaysian substrate facilities in Kuching and Johor Bahru, maximizing operational efficiencies. Additionally, some positions in the company's San Jose, Calif. development and media operations facility will be affected with the cessation of external business. As a result of these actions, WD will reduce its labor force by approximately 800 employees -- approximately 770 in Malaysia and approximately 30 in the United States -- representing less than 2 percent of the company's total worldwide employee population of approximately 42,500.

    The total cost of these actions is currently estimated to be approximately $16 million, including termination benefits and asset impairment charges. The portion of these costs, if any, that will be charged against the company's third quarter operating results and the portion, if any, that will be reflected as an adjustment to the Komag acquisition purchase price allocation is still being determined and will be separately disclosed during WD's third quarter earnings release conference call in April. This realignment is consistent with the integrated media operations business model guidance previously provided by the company.

    Don Blake, vice president and general manager, WD Media, said, "This action sizes our media and substrate operation to the current demands of a single customer -- WD's hard drive business. It efficiently streamlines our media and substrate operations while enhancing focus on the development of future manufacturing technologies to support media and substrate requirements resulting from continued success in our hard drive business."

    About WD

    WD, one of the storage industry's pioneers and long-time leaders, provides products and services for people and organizations that collect, manage and use digital information. The company produces reliable, high-performance hard drives that keep users' data accessible and secure from loss. WD applies its storage expertise to consumer products for external, portable and shared storage applications.

    WD was founded in 1970. The company's storage products are marketed to leading systems manufacturers, selected resellers and retailers under the Western Digital and WD brand names. Visit the Investor section of the company's Web site (http://www.westerndigital.com/) to access a variety of financial and investor information.

    This press release contains forward-looking statements concerning the resulting costs of the realignment of the Company's media manufacturing resources, the efficiency of WD's media and substrate operations, media and substrate demand increases and growth in the WD's business. These forward-looking statements are based on WD's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including relating to: supply and demand conditions in the hard drive industry; actions by competitors; unexpected advances in competing technologies; uncertainties related to the development and introduction of products based on new technologies and the expansion into new hard drive markets; business conditions and growth in the desktop, mobile PC, enterprise, consumer electronics and external hard drive markets; pricing trends and fluctuations in average selling prices; failure to continue to integrate WD's media and head technologies; changes in the availability and cost of commodity materials and product components that WD does not make internally; and other risks and uncertainties listed in WD's recent Form 10-Q filed with the SEC on February 5, 2008, to which your attention is directed. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and WD undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances.

    Western Digital, WD and the WD logo and are registered trademarks of Western Digital Technologies, Inc. All other brand and product names mentioned herein are the property of their respective owner.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20000711/WDCLOGO)

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000711/WDCLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Western Digital Technologies

    CONTACT: Steve Shattuck, Public Relations, +1-949-672-7817,
    steve.shattuck@wdc.com, or Bob Blair, Investor Relations, +1-949-672-7834,
    robert.blair@wdc.com, both of Western Digital Technologies

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




    Spreadtrum Announces New AVS Video / Audio Decoder Chip -- SV6100

    BEIJING, March 20 /Xinhua-PRNewswire-FirstCall/ -- Spreadtrum Communications, Inc. (Nasdaq: SPRD, "Spreadtrum"), one of China's leading wireless baseband chipset providers, today announced its new AVS video / audio decoder chip, the SV6100, at the 16th annual China Content Broadcasting Network Exhibition (CCBN2008). AVS is the audio and video coding-decoding standard independently created by China. The SV6100 is designed for several fast growing, emerging video / audio markets in China include the IPTV, digital television, and satellite segments. The SV6100 represents another breakthrough in Spreadtrum's line of AVS video / audio decoder chips, following the launch last August of the world's first commercial AVS audio / video decoder chip, the SV6111. The SV6111 is an AVS/MPEG-2 SoC targeted at the high-end set-top box (STB) market and supports more functions, such as HD decoding and PVR (personal video recording).

    Spreadtrum's SV6100 is an integrated AVS/MPEG-2 set-top-box decoder chip which supports AVS and MPEG2 SD video and most popular audio standards (including MPEG-1 Layer I&II, AAC, AVS). The SV6100 features the combination of a high performance transport processor, video/audio decoder, and a display controller with scaling. Utilizing advanced technology that integrates critical software with the hardware processing system, Spreadtrum's SV6100 combines strong processing capabilities with multimedia functions to produce a robust commercial solution with low cost and low power consumption. This highly integrated platform solution should provide designers the flexibility of matching various matured solutions with cost and time-to-market requirements. The SV6100 contains key functions designed to support both current and future digital TV set-top boxes (STB), and can be applied to IPTV, cable digital TV, digital satellite TV, and DMB-T transmission standards based products. Compared with the SV6111, the SV6100 provides a full set of AVS SD (standard definition) decoder functions while still maintaining a low cost and low power design. It provides flexible integration capacities to a host chip on existing application platforms, which should help system designers generate quick time-to-market AVS based or multi-standard based IPTV STB models.

    Professor Wen Gao, chairman of the AVS Workgroup of China, remarked, "As a leading design company in China's IC industry, Spreadtrum has dedicated significant efforts in developing China's home-grown AVS standard. It has been a very short time indeed for Spreadtrum to successfully develop the world's first commercial AVS audio / video decoder chip, the SV6111, and now today's new AVS audio / video decoder chip, the SV6100. Spreadtrum's every step in its AVS chip development represents a quicker industrialization and commercialization of the AVS standard. I believe Spreadtrum provides a good model for China's AVS industry."

    Dr. Ping Wu, President and CEO of Spreadtrum, expressed, "Spreadtrum has been devoted to the research and product development of AVS technology for some years. We believe Spreadtrum not only has a leading position in AVS chip design and commercialization, but has been making important contributions to the advancement of the AVS standard. We feel the release of SV6100 shows that Spreadtrum has dug more deeply in the IPTV, digital television, and other video / audio market segments. I firmly believe that the SV6100 will help promote a quicker adoption of AVS by market and enable faster development of low power AVS chips. This latest version of AVS is an enhancement to the development of China's independently created source code standards, and a significant effort to advancing the overall information industry, too."

    Product specifications about the SV6100: -- ISO/IEC 13818-2 -- MPEG-2 MP@ML -- ISO/IEC 11172-2 -- MPEG-1 Constraint Bitstream -- AVS-P2 level 4.0 -- MPEG-1 Layer I&II (2 ch), MP3 (2 ch), AAC (2 and 5.1 ch) -- DSP processor for audio, 5.1 to 2 channel down-mixing, PCM audio mixer, S/PDIF and I2S interface -- All ATSC and DVB SDTV MP@ML formats -- Real time decoding of multiple streams -- Error detection and autonomous error concealment -- Support 32 PID and 32 Section filter -- Flexible TV mode conversion (e.g. PAL to NTSC) -- ITU-R BT.656/SD output -- 2 ¡Á GPIO -- DDR DRAM: 64M Bytes supported and all commercial DDR SDRAM supported with the flexibility of 16 bit external DRAM bus width -- PLX Local Bus: 32 bits, 33M Hz. -- SRAM Local Bus: 16 bits, 108 M Hz. -- On-chip PLL, requiring only 27.0MHz crystal -- Advanced Technology: 0.18um CMOS, QFPGA 208 Package -- Ambient Temperature Range: 0oC to +70oC -- 1.8 volt device with 3.3 volt I/O -- Power consumption: typ. <1.5W About shipment

    At present, the SV6100 has performed well in field trials and has shown stable performances for each of the above mentioned broadcast applications. Spreadtrum has already commenced sampling of the SV6100, and expects deployment by its customers of commercial products, based on these chips, later this year.

    About Spreadtrum:

    Spreadtrum Communications, Inc. (Nasdaq: SPRD; "Spreadtrum") is a fabless semiconductor company that designs, develops, and markets baseband processor solutions for the mobile wireless communications market. Spreadtrum combines its semiconductor design expertise with its software development capabilities to deliver highly-integrated baseband processors with multimedia functionality and power management. Spreadtrum has developed its solutions based on an open development platform, enabling its customers to develop customized wireless products that are feature-rich and meet their cost and time-to-market requirements.

    About AVS:

    For more information on AVS, please go to the Audio and Video Coding Standard Workgroup of China, at http://www.avs.org.cn/en/ .

    Safe Harbor Statements:

    This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, Spreadtrum's another breakthrough in audio/video chip development, Spreadtrum's important contributions to the advancement of the AVS standard, Spreadtrum's role in the development of China's independently created source code standards, and a significant effort to the overall information industry. These statements are forward-looking in nature and involve risks and uncertainties that may cause actual market trends and Spreadtrum's actual results to differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, continued competitive pressure in the semiconductor industry and the effect of such pressure on prices; unpredictable changes in technology and consumer demand for audio/video products; uncertainty regarding the timing and pace of the commercial deployment of AVS-based products in China; Spreadtrum's ability to sustain its development in AVS semiconductor chips; and the state of and any change in Spreadtrum's relationships with its major customers. For additional discussion of these risks and uncertainties and other factors, please consider the information contained in Spreadtrum's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the registration statement on Form F-1 filed on June 26, 2007, as amended, especially the sections under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," and such other documents that Spreadtrum may file with the SEC from time to time, including on Form 6-K. Spreadtrum assumes no obligation to update any forward-looking statements, which apply only as of the date of this press release.

    For more information, please check: http://www.spreadtrum.com/

    Spreadtrum Communications, Inc.

    CONTACT: Media Contact: William Shi, +86-10-6270-2988, or
    news@spreadtrum.com

    page 1    

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



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

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