Companies news

CAMPBELL, Calif., March 25 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. , a leading provider of sales and marketing solutions combining hosted application software and execution services, today announced it will deploy its Leadworks(TM) lead development technology solution on behalf of its newest client, Extricom, a leading provider of high-performance enterprise-class wireless LAN solutions for converged voice (VoWLAN), data, video, and location-based service.

The yearlong engagement calls for Rainmaker to provide outbound lead development, inbound response management, and appointment setting services throughout North America as Extricom expands its global footprint.

"Our partnership with Rainmaker is integral to Extricom's overall strategy to expand our sales coverage and go-to-market model in North America," said Honore Labourdette, Extricom's Vice President of Sales for North America. "We selected Rainmaker because of their proven track record and their ability to help us to respond quickly to the increasing demand for our solution. In the end, this partnership enables us to get closer to our customers."

"We are delighted Extricom has chosen to engage with us and leverage our fully integrated combination of hosted technology, data and expertise on their behalf," said Michael Silton, Rainmaker's CEO. "Rainmaker's program methodologies and best practices have been derived from decades of experience planning, executing and optimizing sales and marketing support programs for the world's leading business technology companies. We look forward to developing this opportunity into an expanded, long term relationship with this premier client."

About Extricom

Extricom is a leading provider of high-performance enterprise-class infrastructure solutions for converged voice (VoWLAN), data, video and location-based services. Its innovative Interference-Free(TM) architecture, based on Channel Blanket(TM) technology, enables dramatically easier WLAN deployment and lower total cost of ownership, while achieving a generational leap in capacity, coverage, seamless mobility and security performance for Wi-Fi. The result is a large scale, 802.11 standards-based WLAN infrastructure with the dependability of a wired network. Founded in 2002, Extricom is privately held, with strategic investors that include Motorola. For General Inquiries: http://www.extricom.com/. Media: Erin Talbot, Abelson Group, +1 212 289 1218, erin.talbot@abelsongroup.com, Analysts: Mike Doheny, +1 708 557 5007, mike.doheny@extricom.com.

About Rainmaker

Rainmaker Systems, Inc. delivers sales and marketing solutions, combining hosted application software and execution services designed to drive more revenue for our clients. Our Revenue Delivery Platform(SM) combines proprietary, on-demand application software and advanced analytics with specialized sales and marketing execution services. Rainmaker clients include large enterprises in a range of industries, including computer hardware and software, telecommunications, and financial services industries. For more information visit http://www.rmkr.com/ or call 800-631-1545.

NOTE: Rainmaker Systems, the Rainmaker logo, Sunset Direct and Contract Renewals Plus are registered with the U.S. Patent and Trademark Office. All other service marks or trademarks are the property of their respective owners.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of the Company and its subsidiaries. We wish to caution you that these statements involve risks and uncertainties and actual events or results may differ materially. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are general market conditions, unfavorable economic conditions, our ability to execute our business strategy, our ability to integrate acquisitions and expand our operations without disruption to our business, the effectiveness of our sales team and approach, our ability to target, analyze and forecast the revenue to be derived from a client and the costs associated with providing services to that client, the date during the course of a calendar year that a new client is acquired, the length of the integration cycle for new clients and the timing of revenues and costs associated therewith, our client concentration given that the Company remains dependent on a few large client relationships, our ability to expand our channel hosted contract solution and drive adoption of this solution by resellers, potential competition in the marketplace, the ability to retain and attract employees, market acceptance of our service programs and pricing options, our ability to maintain our existing technology platform and to deploy new technology, our ability to sign new clients and control expenses, the possibility of the discontinuation of some client relationships, the financial condition of our clients' business and other factors detailed in the Company's filings with the Securities and Exchange Commission, including our filings on Forms 10-K and 10-Q.

Rainmaker Systems, Inc.

CONTACT: Steve Valenzuela, CFO of Rainmaker Systems, Inc.,
+1-408-626-2439, steve.valenzuela@rmkr.com; or Todd Kehrli or Jim Byers,
Investor Relations, both of MKR Group, Inc., +1-323-468-2300,
rmkr@mkr-group.com, for Rainmaker Systems, Inc.

Web site: http://www.rmkr.com/
http://www.extricom.com/

Mattson Technology Receives Order for Nexion(TM) Etch SystemsExpansion into Etch Market Doubles Mattson's Served-Available-Market and Broadens Future Growth Opportunities

FREMONT, Calif., March 25 /PRNewswire-FirstCall/ -- Mattson Technology, Inc. , a leading supplier of advanced semiconductor process equipment used to manufacture Integrated Circuits (or "IC's"), today announced that the Company has received an order for its Nexion(TM) systems. The order for two Nexion systems from a major 300-mm memory manufacturing facility in Asia marks Mattson's expansion into the growing Etch market and broadens the Company's future growth opportunities. This brings Mattson's overall engagement with this customer to a total of three existing fabs.

The Nexion system, introduced by Mattson in 2006, addresses the stringent technology requirements and Cost-Of-Ownership (COO) needs of the Etch market. Gartner Dataquest predicts that the total available market for plasma-based dielectric etching in 2008 would exceed $2.5 Billion.

"This order is of particular significance to Mattson," noted Randy Matsuda, senior vice president and general manager of Mattson Technology's Etch Division, "as it is a clear validation that Mattson's advanced technology and leading COO delivers solid value to our customers. By expanding into the Etch arena, we effectively double Mattson's served-available-market and strengthen the Company to capitalize on future growth opportunities."

Matsuda added, "The anisotropic etching application space not only occupies the vast majority of the total available plasma etch market, but also is expected to extend well beyond current customer manufacturing nodes. With the introduction of Nexion, Mattson has been able to offer our customers improved process performance and very low COO in this fast growing yet cost sensitive market."

Matsuda concluded, "We are committed to supporting our customer's expanded production capabilities in the future and their growth strategy to meet their customers' anticipated demand for leading-edge semiconductors, telecommunications, and digital convergence technology."

About Nexion(TM)

Mattson's Nexion(TM) system was introduced in 2006, and addresses the stringent technology requirements and Cost-Of-Ownership (COO) needs of the Etch market. The Nexion system utilizes Mattson's patented Faraday-Shielded inductively coupled plasma (ICP) source technology, along with bias capability for anisotropic etching of 300-mm wafers. Nexion leverages the very high throughput of Mattson's wafer transfer platform and the Company's differentiated source technology to provide superior process on-wafer performance at very low COO.

About Mattson Technology, Inc. Mattson Technology, Inc. is a leading supplier of dry strip equipment and the second largest supplier of rapid thermal processing equipment in the global semiconductor industry. The company's strip and RTP equipment utilize innovative technology to deliver advanced processing performance and productivity gains to semiconductor manufacturers worldwide for the fabrication of current- and next-generation devices. For more information, please contact Mattson Technology, Inc., 47131 Bayside Parkway, Fremont, Calif. 94538. Telephone: (800) MATTSON/(510) 657-5900. Fax: (510) 492-5911. Internet: http://www.mattson.com/.

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

This news release contains forward-looking statements regarding the Company's future prospects. Forward-looking statements address matters that are subject to a number of risks and uncertainties that can cause actual results to differ materially. Such risks and uncertainties include, but are not limited to: end-user demand for semiconductors; customer demand for semiconductor manufacturing equipment; the timing of significant customer orders for the Company's products; customer acceptance of delivered products and the Company's ability to collect amounts due upon shipment and upon acceptance; the Company's ability to timely manufacture, deliver and support ordered products; the Company's ability to bring new products to market and to gain market share with such products; customer rate of adoption of new technologies; risks inherent in the development of complex technology; the timing and competitiveness of new product releases by the Company's competitors; the Company's ability to align its cost structure with market conditions; and other risks and uncertainties described in the Company's Forms 10-K, 10-Q and other filings with the Securities and Exchange Commission. The Company assumes no obligation to update the information provided in this news release.

Mattson Technology Contact Investor & Media Contact Kerem Kapkin Laura Guerrant tel +1-(510) 492-2765 Guerrant Associates fax +1-(510) 474-1449 tel 808-882-1467 Kerem.Kapkin@mattson.com fax 808-882-1417 lguerrant@guerrantir.com

Mattson Technology, Inc.

CONTACT: Kerem Kapkin of Mattson Technology, +1-510-492-2765,
fax, +1-510-474-1449, Kerem.Kapkin@mattson.com; or Investor & Media,
Laura Guerrant of Guerrant Associates, +1-808-882-1467, fax, +1-808-882-1417,
lguerrant@guerrantir.com, for Mattson Technology

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

Lionax Reports Full Year 2007 Audited Earnings

PARIS, March 25 /PRNewswire-FirstCall/ -- Lionax, the first Chinese company listed on Euronext, today announced its results for the fiscal year ended December 31, 2007. The Lionax Group's results were audited and certified by KTO auditors and submitted to the Supervisory Board on the 15th of March 2008.

Results highlights - Full year 2007 sales of EUR1,700,118* (18,276,268 HKD) up from EUR2089** (HKD 20,808) in 2006; - 2007 Net income was EUR 202,640*, (HKD 2,178,390) compared to EUR -27,626** (HKD -275,162) in 2006; Above initial Net income forecast of EUR 147,059* (HKD 1,580,884) communicated in the offering circular; * At 2007 average exchange rates of 1 EUR= 10.75 HKD ** At 2006 average exchange rates of 1 EUR = 9.96 HKD James Yang, CEO and Board Chairman, commented:

"I am very pleased to announce that Lionax has achieved 2007 revenue of HKD 18,276,268, representing a significant progression of volumes from a very low base in 2006. We have also achieved a net income of HKD 2,178,390, which is higher than our initial projections.

The rapid growth of our TPMS core products sales in 2007 is a reflection of the huge demand for such products, which have become a legal requirement in the United States since September 1st 2007. This has triggered awareness of TPMS products benefits in terms of road safety and is having a positive impact on the global demand.

Lionax's TPMS products provide a competitive safety solution for vehicle manufacturers and owners. The delivered orders in 2007 are a key step in the implementation of our strategy to penetrate the American and European automotive TPMS markets. In 2008 we forecast a huge demand for TPMS on global market.

For Lionax we foresee a continued and steady growth for the year 2008, thanks to the rapid growth of Lionax core business of TPMS products, and based on purchased orders received so far.

Lionax estimates 2008 revenues to be at HKD 96,750,000 (or EUR9,000,000*) and 2008 net income to be at HKD 11,300,000 (or EUR1,050,000*)."

Full year results Year ended Year Year Year 31 December ended 31 ended 31 ended 31 2007 December December December 2007 2006 2006 HKD EUR* HKD EUR** Revenue 18,276,268 1,700,118 20,808 2,089 Cost of sales 12,816,783 1,192,259 17,324 1,739 Gross profit 5,459,485 507,859 3,484 350 Other revenue and gain 2,699,292 251,096 10,774 1,082 Selling and distribution (665,255) (61,884) (46,074) (4,626) expenses Administration expenses (4,639,278) (431,560) (234,530) (23,547) (93,455) (8,693) (2,814) (283) Other operating expenses Operating income 2,760,789 256,818 (269,160) (27,024) Finance cost (189,267) (17,606) (6,002) (603) Profit before income tax 2,571,522 239,211 (275,162) (27,627) Income tax expense (393,132) (36,570) 0 0 Net Income 2,178,390 202,640 (275,162) (27,627) EPS 21.7 cents 2.02 cents (4.6 cents) (0.46 cents) * At 2007 average exchange rates 1 EUR = 10.75 HKD ** At 2006 average exchange rates 1 EUR = 9.96 HKD Lionax's key milestones - Lionax celebrates first shipment of SecuTire TPMS to U.S. market - Lionax becomes the first Chinese company listed in Euronext

- Lionax Launches Pressure Eye, Targeting Huge Untapped Motorcycle TPMS Market

- Lionax builds quality leadership with ISO/TS 16949 Automotive Certification

- Kysonix enhances cooperation on TPMS with European special truck GPS tracing system

- Lionax has developed a new generation of GPS product successfully!

- Lionax setup a wholly owned company in Hong Kong to explore new business opportunities in global auto parts supply chain

- Lionax TPMS product is accepted by Yutong Group, one of the largest bus manufacturers in China

- Lionax secures a contract on the US Recreational Vehicle market - Lionax wins a "TPMS" contract for Shanghai's bus market

- Kysonix/Lionax will gain great governmental support to Promote China automotive electronics industry

About LIONAX

The Company, listed on Euronext, the Paris stock exchange with stock symbol "MLION", designs and develops innovative Tire Pressure Monitoring System (TPMS); navigation integrated product with GPS, TPMS and rear view camera; and digital pressure sensor for automotive industry. Lionax's products help its customers to enhance safety, save money and meet regulatory requirements affordably. LIONAX makes this possible through technology innovation, manufacturing excellence, research leadership and best-in-class team of scientists, engineers and management based in China and the USA.

Contacts: Financial Dynamics France: Press Contact Elodie Marchand elodie.marchand@fd.com Phone: +33-(0)1-47-03-68-17 Investor Relations Valery Lepinette valery.lepinette@fd.com Phone: +33-(0)1-47-03-68-62

LIONAX

CONTACT: Contacts: Financial Dynamics France: Press Contact, Elodie
Marchand, elodie.marchand@fd.com, Phone: +33-(0)1-47-03-68-17. Investor
Relations: Valery Lepinette, valery.lepinette@fd.com, Phone:
+33-(0)1-47-03-68-62

Lionax annonce ses résultats audités pour l'exercice 2007

PARIS, March 25 /PRNewswire/ -- Lionax, la première société chinoise cotée sur Euronext, annonce ses résultats pour l'exercice clos le 31 décembre 2007. Les résultats du groupe Lionax ont été audités et certifiés par le cabinet d'audit KTO et soumis au Conseil de Surveillance le 15 mars 2008.

Chiffres clés - Le chiffre d'affaires de l'exercice 2007 s'établit à 1 700 118EUR*, (18 276 268HKD) (en hausse par rapport au chiffre d'affaires 2006 de 2089EUR**; (20 808HKD) ; - Le résultat net 2007 progresse à 202 640EUR*, (2 178 390HKD) (comparé à -27 626EUR** (-275 162 HKD) en 2006; dépassant les prévisions initiales de résultat net de 147 059EUR* (1 580 884HKD) (communiquées dans le prospectus d'émission);

* Au taux de change moyen 2007 de 1EUR = 10.75 HKD

** Au taux de change moyen 2006 de 1EUR = 9.96 HKD

James Yang, Président Directeur Général et Président du Conseil d'Administration déclare: << Je suis très heureux d'annoncer que Lionax a atteint en 2007 un chiffre d'affaires de 18 276 268HKD, représentant une progression significative du volume de nos ventes par rapport à 2006.

Nous avons par ailleurs réalisé un bénéfice net annuel de 2 178 390HKD, se situant au delà de nos prévisions initiales.

Le développement rapide de nos affaires en 2007 reflète la forte demande pour les produits TPMS phares de Lionax, dont l'utilisation répond à une exigence légale aux Etats-Unis en vigueur depuis le 1er septembre 2007.

Ce changement de législation aux Etats-Unis traduit une prise de conscience générale sur l'utilité de ces produits en matière de sécurité routière et a des répercutions positives sur la demande du marché global.

Les produits TPMS de Lionax offrent une solution de sécurité routière compétitive en prix à destination des fabricants et des propriétaires de véhicules. Les commandes livrées en 2007 sont une étape clé dans la mise en place de notre stratégie de pénétration des marchés européen et américain du TPMS. Nous prévoyons une très forte demande sur le marché global des TPMS en 2008.

Au niveau de Lionax nous prévoyons une croissance solide et continue de notre activité pour l'année 2008, alimentée notamment par la croissance rapide du marché des produits TPMS, ces prévisions étant confortées par notre carnet de commandes 2008.

Lionax estime qu'en 2008 le chiffre d'affaires atteindra 96 750 000HKD (ou 9 000 000 euros*) et que le bénéfice net sera de 11 300 000HKD (ou 1 050 000 euros*).>>

Résultats de l'exercice complet 2007 Année finie Année Année Année le 31 finie le finie le finie le décembre 2007 31 31 31 décembre décembre décembre HKD 2007 2006 2006 EUR* HKD EUR** Chiffre d'affaires 18 276 268 1 700 118 20 808 2 089 CoÃ»t des ventes 12 816 783 1 192 259 17 324 1 739 Bénéfice brut 5 459 485 507 859 3 484 350 Autres ventes et gains 2 699 292 251 096 10 774 1 082 Frais de vente et distribution (665 255) (61 884) (46 074) (4 626) Frais de gestion (4 639 278) (431 560)(234 530) (23 547) Autres dépenses d'exploitation (93 455) (8 693) (2 814) (283) Revenu d'exploitation 2 760 789 256 818 (269 160) (27 024) CoÃ»t de financement (189 267) (17 606) (6 002) (603) Bénéfice avant imposition 2 571 522 239 211 (275 162) (27 627) Recette sur imposition (393,132) (36,570) 0 0 Revenu net 2 178 390 202 640 (275 162) (27 627) BPA (bénéfice par action) 21.7 2.02 (4.6 (0.46 cents cents cents) cents)

* Au taux de change moyen de 2007 1EUR = 10.75 HKD

** Au taux de change moyen de 2006 1EUR = 9.96 HKD

Annonces marquantes 2007 :

- Kysonix fÃªte sa première livraison de SecuTire TPMS aux Etats Unis

- Lionax devient la première société chinoise cotée sur Euronext

- Lionax lance le Pressure Eye, ciblant le marché inexploité des motos

- Lionax bâtit un leadership qualitatif avec la certification automobile ISO/TS 16949

- Lionax annonce un "accord technique confidentiel"

- Lionax a mis au point une nouvelle génération de GPS

- Lionax crée une société chargée d'étudier les opportunités intéressantes sur le marché des pièces détachées automobiles

- Yutong Group, l'un des plus grands constructeurs d'autobus chinois a choisi les SSPP (Systèmes de Surveillance de la Pression des Pneus) Lionax

- Lionax confirme un contrat sur le marché des véhicules de loisir aux Etats-Unis

- Lionax remporte un contrat de "SSPP" pour les bus de Shanghai

- Lionax obtient le soutien du gouvernement pour promouvoir l'industrie électronique automobile chinois

A propos de LIONAX

La société, cotée à la bourse de Paris Euronext (code MLION), conçoit et développe des systèmes de surveillance de la pression des pneus (SSPP) et des capteurs de pression numériques à destination de l'industrie automobile. Les produits Lionax permettent à ses clients de bénéficier d'une meilleure sécurité, d'économiser de l'argent et de répondre aux exigences réglementaires. Le succès de Lionax est basé sur sa technologie innovante, la grande qualité de sa production et sa capacité de Recherche et Développement de pointe, avec le concours des meilleures équipes d'ingénieurs, de chercheurs et un management performant basé en Chine et aux Etats-Unis.

Contacts: Financial Dynamics France: Contact presse Relations Investisseurs Elodie Marchand Valéry Lepinette elodie.marchand@fd.com valery.lepinette@fd.com Phone: +33(0)1-47-03-68-17 Phone: +33(0)1-47-03-68-62

LIONAX

Contacts: Financial Dynamics France: Contact presse: Elodie Marchand, elodie.marchand@fd.com, Phone: +33(0)1-47-03-68-17; Relations Investisseurs: Valéry Lepinette, valery.lepinette@fd.com, Phone: +33(0)1-47-03-68-62

Court Grants Summary Judgment to Bally Technologies in IGT, Shuffle Master Patent Infringement CaseCompany Provides Update on Other Patent Litigation

LAS VEGAS, March 25 /PRNewswire-FirstCall/ -- Bally Technologies, Inc. , a leader in slots, video machines, casino management systems and networked solutions for the global gaming industry, today announced that the United States District Court for the District of Nevada granted summary judgment motions in Bally's favor in a patent case in which International Game Technology and Shuffle Master, Inc. alleged that Bally's MP21 table-game system infringed the claims of two patents owned by IGT and Shuffle Master.

"This is a vindication of Bally's position in this case," said Richard M. Haddrill, President and Chief Executive Officer of Bally Technologies. "The District Court's ruling supports our view that our product decisions are based on sound intellectual property filings and evaluations and made with care."

Bally's General Counsel and Senior Vice President Mark Lerner added, "The court's emphasis of the 'obviousness' principles enunciated by the U.S. Supreme Court in the recent KSR decision is especially encouraging because it is our view that many of the patents asserted by IGT outside this litigation have similar characteristics of obviousness."

The District Court ruled that one of the patents asserted by IGT and Shuffle Master -- the "Schubert" patent (U.S. Patent No. 6,313,871) -- is invalid under the "obviousness" doctrine recently addressed by the Supreme Court in KSR International Co. v. Teleflex Inc. In addition to ruling that the Schubert patent is invalid, the District Court also noted that Bally would be entitled to partial summary judgment of non-infringement.

The District Court further ruled that Bally's system does not infringe on the other patent -- the "Fishbine" patent (U.S. Patent No. 5,781,647) -- asserted by IGT and Shuffle Master. The District Court also noted that the validity of the Fishbine patent is a close question, though the court did not specifically rule on that issue. The District Court also granted Bally's motion for summary judgment dismissing IGT and Shuffle Master's claim that an inventor of the Schubert patent should have been named as an inventor of several Bally patents.

The asserted claims of two patents brought by Bally as counterclaims against IGT and Shuffle Master were also invalidated on obviousness grounds similar to those applied to the IGT and Shuffle Master patents.

The District Court's summary judgment rulings dispose of IGT and Shuffle Master's patent infringement case. The court's order leaves intact two Bally counterclaims of patent infringement against IGT and Shuffle Master.

UPDATE ON OTHER LEGAL MATTERS

Bally Technologies also announced that in the IGT Wheel/Bally iVIEW(TM) litigation (D. Nev., No. CV-S-04-1676-RCJ), the District Court recently pushed back the trial date from May to December 2008 to allow time for compliance with the court's orders granting Bally's motions that IGT produce additional revenue and other information and documents in response to Bally's discovery requests.

In the bonusing products case brought against Bally Technologies by IGT (D. Del., No. 06-282), the United States Patent and Trademark Office recently rejected all claims of another of the IGT patents asserted by IGT in that case. Of the nine patents and approximately 200 claims originally asserted by IGT in the case, five patents have been dismissed, leaving four patents (including the one mentioned above) and 10 claims remaining in the case.

About Bally Technologies, Inc.

With a history dating back to 1932, Las Vegas-based Bally Technologies designs, manufactures, operates and distributes advanced gaming devices, systems and technology solutions worldwide. Bally's product line includes reel-spinning slot machines, video slots, wide-area progressives, and Class II, lottery and central determination games and platforms. As the world's No. 1 gaming systems company, Bally also offers an array of casino management, slot accounting, bonusing, cashless and table management solutions. The Company also owns and operates Rainbow Casino in Vicksburg, Miss. For more information, please contact Laura Olson-Reyes, Director of Corporate Communications, at 702-584-7742, or visit http://www.ballytech.com/.

This news release may contain "forward-looking" statements within the meaning of the Securities Act of 1933, as amended, and is subject to the safe harbor created thereby. Such information involves important risks and uncertainties that could significantly affect the results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements. Future operating results may be adversely affected as a result of a number of risks that are detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the information in this press release and represents that the information is only valid as of today's date.

Investor Contact: Robert Caller Media Contact: Laura Olson-Reyes (702) 584-7982 (702) 584-7742 rcaller@ballytech.com lolson-reyes@ballytech.com

Bally Technologies, Inc.

CONTACT: Investors, Robert Caller, +1-702-584-7982,
rcaller@ballytech.com; or Media, Laura Olson-Reyes, +1-702-584-7742,
lolson-reyes@ballytech.com, both of Bally Technologies, Inc.

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

SiRF Technology Holdings, Inc. Updates Fiscal First Quarter Revenue Expectations

SAN JOSE, Calif., March 25 /PRNewswire-FirstCall/ -- SiRF Technology Holdings, Inc. , a leading provider of GPS-enabled silicon and premium software location platforms, today updated quarterly expectations for its fiscal first quarter ended March 31, 2008.

Based upon preliminary results, the Company's expectations for the first fiscal quarter revenue are $60M to $62M revenue, compared to the prior expected range of $71M to $77M. SiRF experienced greater than expected softness in product demand from its customers especially in the PND, or Personal Navigation Devices market.

In response to the continued economic uncertainties and expected continuing consumer demand weakness in the first half of the year, SiRF has implemented a corporate restructuring effort which will include a reduction in force, the closing of two offices, and the cancellation or reprioritizing of certain engineering projects. The reduction in force will result in reducing the Company's headcount by approximately 7% by September 30, 2008. The reduction in force will be achieved by a combination of immediate lay-offs, elimination of non-essential positions and attrition. The closing of offices will include the closure of SiRF's South San Francisco and the Stockholm, Sweden offices. Both closures are expected to be completed by the end of September 2008. Although SiRF has made considerable progress on the development of its mobile TV technology, the market for mobile TV has been slow to ramp up. In view of this, the Company has stopped further product developments in the mobile TV space and will focus its efforts on its core business. Most of the engineers associated with this project will be reassigned to other SiRF core technology development programs. SiRF expects to incur pre-tax charges in connection with this restructuring in the range of $1.5 - $2M through September 2008.

"Although we had anticipated demand softness in the first quarter, we are disappointed that the expected demand ramp up late in the quarter did not materialize," said Dr. Michael Canning, President and CEO. "Due to the continuing economic uncertainties, we have decided to implement certain cost reduction measures to improve our financial performance in 2008. Although painful, these measures are essential to bring our expenses more in line with the current business. We are focusing our resources on our core businesses and especially on the release and ramp up of new products, such as the SiRFstarIII-GSD3t and the recently launched SiRFprima which are getting very good customer reception."

Quarterly conference call details:

SiRF will host a conference call this morning, March 25, 2008, at approximately 8:00 AM EDT/5:00 AM PDT to discuss the restructuring.

This event is available through the SiRF Technology web site at http://www.sirf.com/ by clicking on the "Investors" link. Listeners should go to the website at least ten minutes before the event to download and install any necessary audio software. For those unable to attend the live broadcast, an archived version of the webcast will be available for twelve months.

The call can also be heard by dialing (800) 895-0198 (domestic) or (785) 424-1053 (international) and entering the conference id: SIRF. A telephonic replay will also be available approximately 2 hours following the earnings call and will be available for two weeks. The telephone playback of the conference call can be accessed by dialing (800) 243-8160.

About SiRF Technology Holdings, Inc.:

SiRF Technology Holdings, Inc. develops and markets semiconductor and software products that are designed to enable location-awareness utilizing GPS and other location technologies, enhanced by wireless connectivity capabilities such as Bluetooth, for high-volume mobile consumer devices and commercial applications. SiRF's technology has been integrated into mobile consumer devices, such as automobile navigation systems, mobile phones, PDAs, GPS-based peripherals and handheld GPS navigation devices, and into commercial applications, such as location servers, asset tracking devices and fleet management systems. SiRF markets and sells its products in three target platforms: wireless handheld devices, such as mobile phones; automotive electronics systems, including navigation and telematics systems; and consumer and compute devices, including personal digital assistants, notebook computers, recreational GPS handhelds, mobile gaming machines, digital cameras and watches. Founded in 1995, SiRF is headquartered in San Jose, Calif., and has sales offices, design centers and research facilities around the world. The company trades on the Nasdaq Stock Exchange under the symbol SIRF. Additional information about SiRF and its Location Technology solutions can be found at http://www.sirf.com/.

FORWARD-LOOKING STATEMENTS:

Except for the historical information contained herein, the matters set forth in this press release, including but not limited to, our revenue expectations, consumer demand, our ability to complete the restructuring by September 2008 and our anticipated expense reductions and restructuring charges, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "to," "being," "possible," "may," "address," "designed to," "provide," "anticipate," "believe," "expect," "plan," "will," and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and reported results should not be considered as an indication of future performance. SiRF's actual results could differ materially from those discussed in these forward-looking statements as a result of risks and uncertainties, including, among others, the market for GPS-based location awareness capabilities, our ability to keep pace with rapid technological change, the semiconductor industry, international operations and our ability to compete, our ability to successfully integrate acquired businesses and other risks and uncertainties discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2007 and from time to time in SiRF's SEC reports. These forward-looking statements speak only as of the date hereof. We do not undertake any obligation to update forward-looking statements.

SiRF Technology Holdings, Inc.

CONTACT: Investors and Shareholders, Dennis Bencala of SiRF Technology
Holdings, Inc., +1-408-392-8314, dbencala@sirf.com

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

Coherent, Inc. announces final results of its tender offerCoherent acquires 7,972,313 shares at $28.50 per share

SANTA CLARA, Calif., March 25 /PRNewswire-FirstCall/ -- Coherent, Inc. today announced the final results of its modified "Dutch Auction" tender offer, which expired at 5:00 p.m., New York City time, on Monday, March 17, 2008.

Based on the final count by the depositary for the tender offer, Coherent accepted for payment an aggregate of 7,972,313 shares of its common stock at a purchase price of $28.50 per share. These shares represent approximately 25% of the shares issued and outstanding.

Based on the final count by the depositary for the tender offer, an aggregate of 7,972,313 shares were properly tendered and not withdrawn at or below a price of $28.50. The 7,972,313 shares purchased are comprised of the 7,628,000 shares Coherent offered to purchase and 344,313 shares purchased pursuant to Coherent's right to purchase up to an additional 2% of the outstanding shares, without extending the tender offer in accordance with applicable securities laws.

The depositary will promptly pay for the shares accepted for purchase. All shares tendered and delivered at prices between $28.75 and $29.50 per share will be returned promptly to shareholders by the depositary.

The self-tender offer was made pursuant to an Offer to Purchase and Letter of Transmittal, each dated February 15, 2008, in which the Company offered to purchase up to 7,628,000 shares at a price not less than $26.00 per share and not greater than $29.50 per share, filed with the Securities and Exchange Commission on February 15, 2008, as amended on March 7, 2008 and March 18, 2008.

Merrill Lynch & Co. is the Company's dealer manager for the tender offer. The information agent is Georgeson Inc., and the depositary is American Stock Transfer & Trust Company. Any questions with regard to the tender offer may be directed to the information agent, at 877-868-4962.

Founded in 1966, Coherent, Inc. is a world leader in providing photonics based solutions to the commercial and scientific research markets.

Please direct any questions to Leen Simonet, Executive Vice President and Chief Financial Officer at 408-764-4161.

Coherent, Inc.

CONTACT: Leen Simonet of Coherent, Inc., +1-408-764-4161

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

MedCom Announces Card Activation Wins Significant Court Ruling

SCOTTSDALE, Ariz., March 25 /PRNewswire-FirstCall/ -- MedCom USA, Inc. (BULLETIN BOARD: EMED) , a leading provider of HIPAA compliant healthcare and financial transaction solutions for the healthcare industry owning approximately 40% of the issued shares of Card Activation Technologies (BULLETIN BOARD: CDVT) , announced that Card Activation won a significant court ruling on March 20, 2008, in its lawsuit against major retailers Barnes & Noble, Inc. and Aeropostale, Inc. . Barnes & Noble and Aeropostale sought to invalidate the Card Activation patent in that litigation. Federal District Court Judge Joan B. Gottshall entered a decision, however, refusing to accept Barnes & Noble and Aeropostale's position that Card Activation's patent is invalid.

Mark Roth of Orum & Roth LLC, one of Card Activation's attorneys, deemed the ruling very significant for Card Activation's litigation and licensing efforts. "Card Activation's victory on this motion significantly strengthens our position in this, and other cases. The court's decision furthers our belief in the strength of the patent and our claims against those entities that we have sued as well as those entities that we have contacted to discuss taking a license under the patent," said Mr. Roth.

The Card Activation patent relates to a method used by most retailers for processing debit styled cards, which include gift cards and phone cards. Card Activation currently has lawsuits pending against Walgreen Company , Sears Holding Corporation , TJX Companies and OfficeMax (, as well as Barnes & Noble and Aeropostale. Card Activation has also placed on notice approximately 600 retailers relating to their potential infringement of the patent.

MedCom spun out Card Activation Technologies in 2006 into a separate trading company due to the huge potential for licensing of the company's technology in the prepaid card market. http://www.medcomusa.com/ . Card Activation Technologies, Inc. is a Chicago-based company that owns proprietary patented payment transaction technology used for processing gift cards, phone cards and other debit purchase transactions. The company is actively seeking to license its technology to the thousands of current users and believes that many retailers, gas stations, phone companies and others that utilize those stored value cards, such as gift and debit, infringe its patent. As a result, the company is aggressively pursuing litigation against these infringements. The Federal Reserve Bank of Philadelphia estimated prepaid card market to be valued in excess of $181.7 billion in transactions in 2006. According to market forecasts, the prepaid industry will grow to $421.5 billion by 2010. For further information about Card Activation Technologies go to http://www.cardactivation.com/ .

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Card Activation Technologies, Inc. (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) defend its patent; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at http://www.sec.gov/ under "Search for Company Filings."

Contact for MedCom USA, Inc. Kent Barghols Ph. 515-276-1180

MedCom USA, Inc.

CONTACT: Kent Barghols of MedCom USA, Inc., +1-515-276-1180

Web site: http://www.medcomusa.com/
http://www.cardactivation.com/

Card Activation Wins Significant Court Ruling

CHICAGO, March 25 /PRNewswire-FirstCall/ -- Card Activation Technologies, Inc. (BULLETIN BOARD: CDVT) , owners of a patent covering a method for the activation and processing of transactions related to debit styled cards, which include gift cards, phone cards and other stored value cards, announced that Card Activation Technologies, Inc. won a significant court ruling on March 20, 2008, in its lawsuit against major retailers Barnes & Noble, Inc. and Aeropostale, Inc.. Barnes & Noble and Aeropostale sought to invalidate the Card Activation patent in that litigation. Federal District Court Judge Joan B. Gottshall entered a decision, however, refusing to accept Barnes & Noble and Aeropostale's position that Card Activation's patent is invalid.

The Card Activation patent relates to a method used by most retailers for processing debit styled cards, which include gift cards and phone cards. Card Activation currently has lawsuits pending against Walgreen Company , Sears Holding Corporation , TJX Companies and OfficeMax , as well as Barnes & Noble and Aeropostale. Card Activation has also placed on notice approximately 600 retailers relating to their potential infringement of the patent.

Card Activation Technologies, Inc. is a Chicago-based company that owns proprietary patented payment transaction technology used for processing gift cards, phone cards and other debit purchase transactions. The company is actively seeking to license its technology to the thousands of current users and believes that many retailers, gas stations, phone companies and others that utilize those stored value cards, such as gift and debit, infringe its patent. As a result, the company is aggressively pursuing litigation against these infringements. The Federal Reserve Bank of Philadelphia estimated prepaid card market to be valued in excess of $181.7 billion in transactions in 2006. According to market forecasts, the prepaid industry will grow to $421.5 billion by 2010. For further information about Card Activation Technologies go to http://www.cardactivation.com/

Contacts for Card Activation Technologies Bev Jedynak Paul Knopick Martin E. Janis & Company Inc. E & E Communications 312-943-1123 (949) 707-5365 bjedynak@janispr.com pknopick@eandecommunications.com

Card Activation Technologies, Inc.

CONTACT: Bev Jedynak of Martin E. Janis & Company Inc., +1-312-943-1123,
bjedynak@janispr.com; or Paul Knopick of E & E Communications,
+1-949-707-5365, pknopick@eandecommunications.com, both for Card Activation
Technologies, Inc.

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

Arab Bank Signs an Agreement With VASCO to Utilize the Security Benefits of VASCO's Digipass and VACMAN ControllerVASCO experiences continuing success in Middle-East; Arab Bank enhanced the security layer used for the Internet banking service "Arabi Online".

OAKBROOK TERRACE, Ill. and ZURICH, Switzerland, March 25 /PRNewswire-FirstCall/ -- VASCO Data Security International, Inc. (http://www.vasco.com/), the leading software security company specializing in authentication products, today announced that leading Middle Eastern bank Arab Bank will enhance the security of its new Internet Banking Service with VASCO's Digipass GO 3 and VACMAN Controller.

Head of Information Technology Mr. Basil Abdel Nabi said that this step comes in line with Arab Bank's efforts to enable its customers to carry out their e-banking transaction in a smooth and transparent manner.

He also confirmed that Arab Bank continues to keep up with the latest information technology programs within the banking industry to strengthen its position as a leader in the financial markets. This lies within the priorities that Arab Bank Group management has paid special attention to since its inception. The Arab Bank branches network is considered one of the leading highly developed institutions within the industry ensuring that Arab Bank customers receive the best services through its branches spread all over the world.

Arab Bank is ranked among the largest international financial institutions, with a capital base of over USD 6.9 Billion and Total Assets of USD 38.3 billion. Arab Bank has an unmatched Global Arab branch network with 400 branches spanning 28 countries in 5 continents. The bank offers a variety of products and services covering four major areas: Personal Banking, Corporate and Investment Banking (CIB), AB Private Banking and Treasury.

VACMAN Controller is VASCO's core authentication platform, which supports over 50 client authentication products. VACMAN Controller can be easily integrated in an existing infrastructure, adding an extra strong authentication layer to the applications of the organization.

Avanoc, a VASCO partner in the Middle East, was involved in the implementation and integration of Digipass GO 3 and VACMAN Controller for Arab Bank.

"We are happy to have an important bank like Arab Bank among our customers," says Jan Valcke, VASCO's President & COO. "With the current surge of Internet crime, we acclaim the initiative of Arab bank to depend on VASCO's strong authentication and putting the security of their clients first."

About Arab Bank

Arab Bank was established in 1930 and since its inception has played a leading role in financing investment and trade in the regions it operates, it has worked on improving cooperation trade and investment within the Middle East and North Africa region and the rest of the world.

Arab Bank has established branches in the Arab World and major global financial centers with a giant branch network spread out in 28 countries spanning five continents.

The Group has gained prominence in key markets and financial centers in Europe, Asia-Pacific, and the United States, and its revenue stood more than 1 billion dollars at end of 2007.

The Arab Bank Group provides a wide variety of financial services to individuals, corporations, government agencies, and international financial institutions.

About Avanoc: Avanoc is one of Europe's leading security consulting and solutions providers. It ensures your business works safely and effectively in the Internet age. Its security portfolio covers particularly full range of authentication technologies and digital signature, public key infrastructure (PKI). Avanoc is the expert in protecting digital assets and securing business solutions. Avanoc provides series of specific security solutions for financial institutions

About VASCO: VASCO is the number one supplier of strong authentication and e-signature solutions and services. VASCO has established itself as the world's leading software company specialized in Internet Security, with a customer base of close to 6,000 companies in more than 100 countries, including approximately 950 international financial institutions. VASCO's prime markets are the financial sector, enterprise security, e-commerce and e-government.

Forward Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

Reference is made to the Company's public filings with the US Securities and Exchange Commission for further information regarding the Company and its operations.

For more information contact:

VASCO: Jochem Binst, +32 2 609 97 00, jbinst@vasco.com

VASCO Data Security International, Inc.

CONTACT: Jochem Binst of VASCO, +32 2 609 97 00, jbinst@vasco.com

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

Digital Realty Trust to Host a How-To Seminar in Dublin, Ireland Focused on Datacentre Cooling Best PracticesSeminar Will Provide Practical and Comprehensive Training On Efficient Datacentre Cooling

DUBLIN, Ireland, March 25 /PRNewswire-FirstCall/ -- Digital Realty Trust, Inc. , a leading owner and manager of corporate datacentres and Internet gateways, will host a two-day seminar in Dublin on 16 and 17 April 2008 that will provide datacentre professionals with practical information about best practices for datacentre cooling. The seminar will feature three of the industry's most respected experts in datacentre operations and efficiency:

-- Robert "Dr. Bob" F. Sullivan, PhD., the Uptime Institute's highly respected datacentre cooling expert who originated the concept of hot-aisle-cold-aisle datacentre design; -- Dr. Amir Radmehr, a widely respected and extensively published datacentre cooling expert from Innovative Research, Inc; and -- Jim Smith, Vice President, Engineering at Digital Realty Trust, who is recognised as one of the foremost authorities in efficient datacentre operations and green datacentre design.

"The seminar will contain a tremendous amount of practical information. In this fast-paced program, attendees will learn about optimising datacentre cooling, giving them critical information and best practices to immediately improve operations and save money," said Jim Smith. "We are very proud to have 'Dr. Bob' and Dr. Radmehr on the program. Dr. Bob's portion of the seminar will provide attendees with valuable guidance for high density cooling. Dr. Radmehr and I will focus our joint presentation on how to use airflow modeling to optimise datacentre design. We are very pleased to be able to offer this class in datacentre cooling to our customers."

Dr. Sullivan commented, "This seminar will provide the opportunity for any person involved in datacentre operations to become educated on a critical topic: best practices for efficient and effective cooling. Amir, Jim and I have designed the content to focus on truly practical advice and action items that people will be able to apply in their datacenter the day after they complete the seminar - making a measurable difference in their datacentre performance and their company's bottom line."

"One of the valuable outcomes of this seminar is the scientific knowledge attendees gain by examining the cooling practices used in their datacentres. They also learn very simple yet effective techniques that can be readily used to improve the cooling of their datacentres," said Dr. Radmehr.

For more information about the seminars and to register to attend, visit http://www.digitalrealtytrust.com/.

About the Uptime Institute

Since 1993, the Uptime Institute, Inc. (Institute) has been a respected provider of educational and consulting services for Facilities and Information Technology organisations interested in maximising datacentre uptime. The Institute has pioneered numerous industry innovations, such as the Tier Classifications for datacentre availability, which serve as industry standards today. For more information about the Uptime Institute, visit http://www.uptimeinstitute.org/.

About Innovative Research, Inc.

Innovative Research, Inc. provides quality software packages and consulting services for fluid flow, heat transfer, combustion, turbulence and related processes. Among their product line is TileFlow, a simulation tool for airflow and temperature distribution (cooling performance) in datacentres. For more information, visit http://www.inres.com/.

About Digital Realty Trust, Inc.

Digital Realty Trust, Inc. owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacentre(TM) and Powered Base Building(TM) datacentre solutions for domestic and international tenants across a variety of industry verticals ranging from information technology and internet enterprises, to manufacturing and financial services. Digital Realty Trust's 71 properties, excluding one property held as an investment in an unconsolidated joint venture, contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacentre tenants. Comprising approximately 1.2 million rentable square metres (12.6 million square feet) as of February 26, 2008, including 186,000 square metres (2 million square feet) of space held for redevelopment, Digital Realty Trust's portfolio is located in 26 markets throughout Europe and North America. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com/.

Safe Harbor Statement

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include adverse economic or real estate developments in the Company's markets or the technology industry; general economic conditions; defaults on or non-renewal of leases by tenants; increased interest rates and operating costs; inability to manage domestic and international growth effectively; failure to obtain necessary outside financing; decreased rental rates or increased vacancy rates; difficulties in identifying properties to acquire and completing acquisitions at acceptable return levels; failure to successfully operate acquired properties and operations; failure of acquired properties to perform as expected; failure to successfully redevelop properties acquired for such purposes or unexpected costs related thereto; failure to maintain the Company's status as a REIT; environmental uncertainties and risks related to natural disasters; financial market fluctuations; changes in foreign currency exchange rates; risks of operating in foreign markets; and changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the United States Securities and Exchange Commission, or SEC, including the Company's annual report on Form 10-K for the year ended December 31, 2007, and subsequent reports Form 8-K filed with the SEC. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For Additional Information: A. William Stein Pamela A. Matthews Chief Financial Officer and Investor/Analyst Information Chief Investment Officer Digital Realty Trust, Inc. Digital Realty Trust, Inc. +1 415-738-6500 +1 415-738-6500 Chris Crosby Sales & Technical Operations Digital Realty Trust, Inc. +1 214-231-1350

Digital Realty Trust, Inc.

CONTACT: A. William Stein, Chief Financial Officer and Chief Investment
Officer, +1-415-738-6500, or Investor|Analyst Information, Pamela A. Matthews,
+1-415-738-6500, or Chris Crosby, Sales & Technical Operations,
+1-214-231-1350, all of Digital Realty Trust, Inc.

Web site: http://www.digitalrealtytrust.com/
http://www.uptimeinstitute.org/
http://www.inres.com/

Micrel, Inc. Reaffirms Its Commitment to Shareholder Value Creation

SAN JOSE, Calif., March 25 /PRNewswire-FirstCall/ -- Micrel, Inc. ("Company") today issued the following statement regarding, among other matters, the SEC filing on March 20, 2008 by Obrem Capital Management ("OCM") that demanded, amongst other actions, the pursuit of a process that could lead to the sale of the Company:

The Micrel Board of Directors (the "Board") and management team are committed to enhancing shareholder value. As OCM acknowledges, Micrel has established the foundation for future success by securing key competitive strengths including a leading reputation in the industry, strong technology platform, valuable manufacturing competency and attractive customer base. The Board and management also have overseen an active share repurchase program under which the Company has repurchased over 10% of its outstanding common shares since the beginning of 2007 alone. Furthermore, to provide a more direct return to Micrel shareholders, the Board initiated a quarterly dividend payment in April 2007. While the Board recognizes that industry challenges and market volatility have resulted in recent stock price declines, the Board feels strongly that this solid foundation, combined with continued financial and operational improvement initiatives, as well as capital structure discipline, will drive returns and maximize long-term shareholder value.

"Micrel's strategy of targeting diversified, growing end markets with a broad portfolio of high performance products has produced a resilient business model that generates consistent profitability and strong cash flows," stated Ray Zinn, Chairman of the Board, President and CEO of Micrel. "Micrel has been profitable on a GAAP basis in 28 years of its 29 year existence, while growing annual revenues in 24 of those years. Although recent market conditions have resulted in a reduced valuation of Micrel's shares along with most other semiconductor companies, I believe our investment in best-in-class new products should result in continued profitable growth in future years." Mr. Zinn owns 11.2 million shares, or approximately 15.6% of Micrel's outstanding shares.

"Since Micrel was established in 1978, the Company's objective has been to create an enduring enterprise that creates shareholder value over the long- term," stated Warren Muller, a founder of Micrel and an owner of 10.1 million shares, or 14.1% of outstanding Micrel shares. "I have full confidence in the Board and management team to continue to execute its strategy to drive profitable growth, and consequently, increase shareholder value."

Consistent with its fiduciary duties to the Company and its shareholders, the Board reviews the financial and strategic position of the Company on an ongoing basis. The Company has been working with its financial and legal advisors to provide additional assistance to the Board in studying the capital structure, financial and strategic issues faced by the Company. There is no assurance that any action will be taken as a result of this review.

In connection with this evaluation, the Board has adopted a limited duration Shareholder Rights Plan (the "Rights Plan"). The Rights Plan is designed to ensure that all of the Company's shareholders receive fair and equal treatment in the event of any unsolicited takeover of the Company and to protect shareholders from partial tender offers, open market accumulations and other abusive or coercive tactics to gain control of the Company without offering an adequate price to all shareholders. The Rights Plan is not intended to prevent a takeover, but rather to encourage anyone seeking to acquire the Company to negotiate with the Board of Directors prior to attempting a takeover. The Rights Plan is intended to enable all of the Company's shareholders to realize the long-term value of their investment in the Company.

As a result of the Board's adoption of the Rights Plan, one preferred stock purchase right will be distributed as a dividend on each common share held of record as of the close of business on April 15, 2008 (a "Right"). Each Right, if and when it becomes exercisable, entitles the holder to buy one one-thousandth of a share of a new series of participating preferred stock for $36.00.

Initially the rights will be represented by the Company's Common Stock certificates and will not be exercisable. If any person or group becomes the beneficial owner of 15% or more of Micrel's Common Stock (which includes for this purpose stock referenced in derivative transactions and securities) at any time after the March 24, 2008 date of adoption of the Rights Plan (with certain limited exceptions) or if any additional such securities are acquired in the case or a person or group that owned 15% or more of such securities as of the date of adoption of the Rights Plan (an "Acquiring Person"), then each Right not owned by such Acquiring Person will entitle its holder to purchase, at the Right's then-current exercise price, shares of Common Stock having a market value of twice the Right's then-current exercise price. In addition, if, after any person has become an Acquiring Person, the Company is involved in a merger or other business combination transaction with another person, each Right will entitle its holder (other than such Acquiring Person) to purchase, at the Right's then-current exercise price, common shares of the acquiring company having a value of twice the Right's then-current exercise price.

The Company may redeem the Rights at a price of $.01 per Right at any time prior to the date on which any person has become an Acquiring Person. The Rights Plan will continue in effect until the close of business March 24, 2009, unless earlier redeemed or terminated by Micrel, as provided in the Rights Plan.

About Micrel, Inc.

Micrel Inc., is a leading global manufacturer of IC solutions for the worldwide analog, Ethernet and high bandwidth markets. The Company's products include advanced mixed-signal, analog and power semiconductors; high performance communication, clock management, Ethernet switch and physical layer transceiver ICs. Company customers include leading manufacturers of enterprise, consumer, industrial, mobile, telecommunications, automotive, and computer products. Corporation headquarters and state-of-the-art wafer fabrication facilities are located in San Jose, California with regional sales and support offices and advanced technology design centers situated throughout the Americas, Europe and Asia. In addition, the Company maintains an extensive network of distributors and reps worldwide. Web: http://www.micrel.com/. Nothing contained herein is intended to be part of a proxy solicitation, and none of the statements above should be deemed to be, in whole or in part, solicitation material. The Company intends to file a proxy statement with the Securities and Exchange Commission in connection with its 2008 Annual Meeting, which will be mailed to shareholders along with a white proxy card.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This press release includes statements that qualify as forward-looking statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about the following topics: our beliefs regarding our strategy and key competitive strengths, our ability to drive returns and increase and maximize shareholder value, our ability to generate profitability and cash flows, and our expectations regarding future financial results, including revenues and profitable growth. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially. Those risks and uncertainties include, but are not limited to, such factors as: softness in demand for our products; customer decisions to cancel, reschedule, or delay orders for our products; the effect that lead times and channel inventories have on the demand for our products; economic or financial difficulties experienced by our customers; the effect of business conditions in the computer, telecommunications and industrial markets; the impact of any previous or future acquisitions; changes in demand for networking or high bandwidth communications products; the impact of competitive products and pricing and alternative technological advances; the accuracy of estimates used to prepare the Company's financial statements; the global economic situation; the ability of the Company's vendors and subcontractors to supply or manufacture the Company's products in a timely manner; the timely and successful development and market acceptance of new products and upgrades to existing products; softness in the economy and the U.S. stock markets as a whole; fluctuations in the market price of Micrel's common stock and other market conditions; the difficulty of predicting our future cash needs; the nature of other investment opportunities available to the Company from time to time; Micrel's operating cash flow and other factors disclosed in Micrel's periodic reports filed with the SEC. For further discussion of these risks and uncertainties, we refer you to the documents the Company files with the SEC from time to time, including the Company's Annual Report on Form 10-K for the year ended December 31, 2007. The Company disclaims any duty to update the forward looking information contained in this release.

Contact: Richard Crowley Micrel, Incorporated 2180 Fortune Drive San Jose, CA 95131 Phone: (408) 944-0800

Micrel, Inc.

CONTACT: Richard Crowley of Micrel, Incorporated, +1-408-944-0800

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

Digital Realty Trust to Host a How-To Seminar in Dublin, Ireland Focused on Datacentre Cooling Best Practices

DUBLIN, Ireland, March 25 /PRNewswire/ --

- Seminar Will Provide Practical and Comprehensive Training On Efficient Datacentre Cooling

Digital Realty Trust, Inc. (NYSE: DLR), a leading owner and manager of corporate datacentres and Internet gateways, will host a two-day seminar in Dublin on 16 and 17 April 2008 that will provide datacentre professionals with practical information about best practices for datacentre cooling. The seminar will feature three of the industry's most respected experts in datacentre operations and efficiency:

For more information about the seminars and to register to attend, visit http://www.digitalrealtytrust.com.

About the Uptime Institute

About Innovative Research, Inc.

About Digital Realty Trust, Inc.

Safe Harbor Statement

For Additional Information: A. William Stein Pamela A. Matthews Chief Financial Officer and Investor/Analyst Information Chief Investment Officer Digital Realty Trust, Inc. Digital Realty Trust, Inc. +1-415-738-6500 +1-415-738-6500 Chris Crosby Sales & Technical Operations Digital Realty Trust, Inc. +1-214-231-1350 Web site: http://www.digitalrealtytrust.com http://www.uptimeinstitute.org http://www.inres.com

Digital Realty Trust, Inc.

A. William Stein, Chief Financial Officer and Chief Investment Officer, +1-415-738-6500, or Investor|Analyst Information, Pamela A. Matthews, +1-415-738-6500, or Chris Crosby, Sales & Technical Operations, +1-214-231-1350, all of Digital Realty Trust, Inc.

Digital Realty Trust organise à Dublin un séminaire de formation consacré aux meilleures pratiques en matière de refroidissement des centres de données

DUBLIN, Irlande, March 25 /PRNewswire/ --

- Le séminaire offrira une formation pratique et complète en matière de refroidissement efficace des centres de données

Digital Realty Trust, Inc. (NYSE : DLR), un important propriétaire et exploitant de centres de données et de passerelles Internet d'entreprise, organise un séminaire de deux jours à Dublin les 16 et 17 avril 2008 à l'intention des spécialistes de centres de données intéressés dans des informations concrètes et les meilleures pratiques sur le refroidissement des centres de données. Lors du séminaire, trois des experts les plus éminents dans le domaine des opérations et de l'efficacité des centres de données prendront la parole :

-- Robert << Dr Bob >> F. Sullivan, Ph.D., l'expert respecté de l'Uptime Institute en matière de refroidissement. Inventeur du concept aile chaude-aile froide du centre de données. -- Dr Amir Radmehr, Ph.D., Innovative Research, Inc, un expert éminent et largement publié en matière de refroidissement de centres de données ; -- Jim Smith, vice-président, ingénierie, chez Digital Realty Trust. Considéré comme une des plus grandes sommités en matière de fonctionnement efficace des centres de données et dans le domaine des conceptions écologiques.

<< Le séminaire proposera une montagne d'informations pratiques. Dans le cadre de ce programme intensif, les participants se familiariseront avec l'optimisation du refroidissement des centres de données et assimileront des informations critiques et les meilleures pratiques afin d'améliorer immédiatement les opérations et d'économiser de l'argent >>, explique Jim Smith. << Nous sommes très fiers d'avoir au programme << Dr Bob >> et Dr Radmehr. Dr Bob donnera aux participants des conseils précieux pour le refroidissement à haute densité. Dr Radmehr et moi-mÃªme tiendrons une présentation commune sur le recours à la modélisation de la circulation d'air pour optimiser la conception des centres de données. Nous nous réjouissons de pouvoir proposer à nos clients ce type de formation en refroidissement de centres de données. >>

De son côté, Dr Sullivan a commenté : << Le séminaire donne la possibilité à tous les participants impliqués dans l'exploitation des centres de données de se familiariser dans un sujet critique : les meilleures pratiques pour le refroidissement efficace et économique. Amir, Jim et moi avons conçu le programme en nous concentrant sur des aspects pratiques et des conseils véritablement concrets que les participants pourront mettre en oeuvre dans leur centre de données, le jour suivant la fin du séminaire, pour apporter une amélioration mesurable de la performance du centre de données et du profit de leur société. >>

Dr Radmehr estime : << Un des résultats importants de ce séminaire est la connaissance scientifique que les participants acquerront en examinant les pratiques de refroidissement utilisées dans leur centre de données. Ils apprendront aussi des techniques simples mais efficaces qui peuvent Ãªtre utilisées immédiatement pour améliorer le refroidissement de leur centre de données. >>

Pour plus de renseignements sur le séminaire et pour s'y inscrire, veuillez consulter http://www.digitalrealtytrust.com.

A propos d'Uptime Institute

Depuis 1993, Uptime Institute, Inc. (Institute) est un fournisseur respecté de services d'éducation et de conseils pour les organisations gérant des sites informatiques et désireuses de maximiser le temps de fonctionnement de leurs centres de données. L'Institute est un précurseur dans de nombreux domaines, tels que les types de classements en matière de disponibilité des centres de données qui sont désormais la norme dans l'industrie. Pour plus de renseignements concernant Uptime Institute, veuillez consulter http://www.uptimeinstitute.org.

A propos d'Innovative Research, Inc.

Innovative Research, Inc. fournit des logiciels et des services conseils de qualité dans les domaines de l'écoulement des liquides, du transfert de chaleur, de la combustion, de la turbulence et des processus associés. Parmi les produits de la société se trouve TileFlow, un outil de simulation pour l'écoulement d'air et la distribution de température (performance de refroidissement) dans les centres de données. Pour plus de renseignements veuillez consulter http://www.inres.com.

A propos de Digital Realty Trust, Inc.

Digital Realty Trust, Inc. détient, acquiert, développe, redéveloppe et gère des biens immobiliers relatifs à la technologie. La société se concentre sur la fourniture de solutions de centres de données Turn-Key Datacentre(TM) et Powered Base Building(TM) pour les locataires nationaux et internationaux dans diverses industries verticales allant des entreprises informatiques et Internet aux services financiers et de fabrication. Les 71 propriétés de Digital Realty Trust, sans compter un bien détenu en coentreprise non consolidée, comprennent des applications et des opérations essentielles aux opérations quotidiennes des locataires de l'industrie technologique et des locataires de centres de données d'entreprises. Avec 1,2 millions de mètres carrés louables (12,6 millions de pieds carrés), au 26 février 2008, dont 186 000 mètres carrés (2 millions de pieds carrés) d'espace consacré au redéveloppement, le portefeuille de Digital Realty Trust est réparti dans 26 marchés en Amérique du Nord et en Europe. Pour tout renseignement supplémentaire, veuillez visiter le site Internet de Digital Realty Trust au http://www.digitalrealtytrust.com.

Déclaration de règle refuge

Ce communiqué de presse contient des énoncés prospectifs qui sont basés sur des attentes, des prévisions et des hypothèses actuelles, qui impliquent des risques et des incertitudes qui pourraient modifier les résultats réels de manière substantielle. Ces risques et incertitudes comprennent les développements économiques ou immobiliers contraires sur les marchés de la Société ou dans l'industrie technologique ; les conditions économiques générales ; les défauts de paiement ou les non-renouvellements de locations par les locataires ; les augmentations des taux d'intérÃªt ou des coÃ»ts d'opération ; une incapacité à gérer la croissance locale et internationale de manière efficace ; l'incapacité à obtenir les financements extérieurs nécessaires ; des taux de location en baisse ou des taux de vacance en hausse; les difficultés à identifier des biens à acquérir et à conclure les acquisitions à des taux de rendement acceptables ; l'incapacité à gérer de manière acceptable les biens et opérations acquis ; l'incapacité des biens acquis à atteindre les performances attendues ; l'incapacité à redévelopper de manière satisfaisante les biens acquis à de telles fins ou des coÃ»ts inattendus afférents ; l'incapacité à maintenir le statut de la société en tant que société de placement immobilier (REIT) ; les incertitudes et les risques environnementaux relatifs aux catastrophes naturelles ; les fluctuations du marché financier ; les modifications des taux de conversion des devises étrangères ; les risques liés aux opérations sur les marchés étrangers ; et les modifications des lois de l'immobilier et du zonage, ainsi que les augmentations des taux d'impôts sur les biens immobiliers. Pour obtenir une liste et une description des risques et des incertitudes plus détaillées, veuillez consulter les rapports et autres documents déposés par la Société auprès de la Securities and Exchange Commission, ou SEC, américaine, dont le rapport annuel de la Société sur formulaire 10-K pour l'année ayant pris fin au 31 décembre 2007, tel qu'il a été mis à jour par les rapports suivants sur formulaires 8-K déposés auprès de la SEC. La Société se décharge de toute intention ou obligation de mettre à jour ou de réviser tout énoncé prospectif, que cela soit des suites de nouvelles informations, d'événements futurs ou de toute autre modification.

Pour plus de renseignements : A. William Stein Pamela A. Matthews Directeur financier et Informations Investisseurs/analystes Responsable des investissements Digital Realty Trust, Inc. Digital Realty Trust, Inc. +1-415-738-6500 +1-415-738-6500 Chris Crosby Ventes et opérations techniques Digital Realty Trust, Inc. +1-214-231-1350 Site web : http://www.digitalrealtytrust.com http://www.uptimeinstitute.org http://www.inres.com

Digital Realty Trust, Inc.

A. William Stein, Directeur financier et responsable des investissements, +1-415-738-6500, ou Informations investisseurs/analystes, Pamela A. Matthews, +1-415-738-6500, ou Chris Crosby, ventes et opérations techniques, +1-214-231-1350, tous de Digital Realty Trust, Inc.

Verizon Business Statement on Expansion of Membership in Trans-Pacific Express

BASKING RIDGE, N.J., March 25 /PRNewswire/ -- The Trans-Pacific Express (TPE) Consortium today announced two new members: NTT Communications and AT&T. For the past 15 months, Verizon Business and the original members have been aggressively building the TPE, which is the first next-generation, high- capacity undersea system to link the United States with mainland China, Taiwan and South Korea. Verizon Business announced March 18 that it is working closely with its Asian partners to activate the U.S.-mainland China link a month in advance of the Summer Olympic Games in Beijing, China (http://www.verizonbusiness.com/us/about/news).

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

The following response should be attributed to Ihab Tarazi, Verizon Business vice president of global network planning:

"As an original member of the TPE Consortium, we welcome NTT and AT&T.

"NTT's participation is great news for our multinational customers, who will benefit from an additional link with Japan. In addition to our charter membership in the TPE, Verizon Business already is a member of Japan-U.S. undersea cable system.

"Our customers with locations in Japan will benefit from direct connectivity to mainland China, Taiwan and South Korea. In Japan, Verizon Business has fiber connections to our customers in major cities such as Tokyo and Osaka. The Japan extension of the TPE system will add even more diversity and capacity to our meshed Asia-Pacific network.

"Our participation in more than 18 submarine cable systems in the Asia- Pacific region and more than 65 undersea cable systems worldwide, coupled with our leadership in mesh technology, offers our multinational customers unsurpassed capacity, speed and reliability."

Verizon Business

CONTACT: Linda Laughlin, +1-918-590-5595,
linda.laughlin@verizonbusiness.com

Web site: http://www.verizon.com/
http://www.verizonbusiness.com/us/about/news

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

Trans-Pacific Express Consortium Adds Two New Members to OrganizationNext-Generation Submarine Cable to Link Asia-Pacific and United States

BASKING RIDGE, N.J., March 25 /PRNewswire/ -- During the last 15 months, six original Trans-Pacific Express Consortium members have been aggressively designing and constructing an 18,000-kilometer next-generation fiber-optic submarine communications cable between the Asia-Pacific region and the United States. Now these six charter members -- China Netcom, China Telecom, China Unicom, Chunghwa Telecom, Korea Telecom and Verizon Business -- are announcing the addition of two new participants: AT&T and NTT Communications Corporation.

AT&T and NTT Communications Corporation signed construction and maintenance agreements on February 28, 2008, and March 14, 2008, respectively, to participate in the TPE Consortium. With the addition of NTT Communications, the TPE cable will add a subsea cable link to Japan. TPE landing sites also are located in mainland China, Taiwan, South Korea and the United States.

The TPE cable is the first multi-terabit optical cable directly linking the U.S. mainland and East Asia. Using cutting-edge technology, the cable has a design capacity of up to 5.12 terabits per second (Tbps).

Internet, video and data traffic has been growing at an exceptional pace over the past few years. The number of broadband Internet users, along with the average size of the content needed by users, has dramatically increased the amount of Internet traffic around the world. Enterprise and large- business users also require higher speeds and greater capacity on network routes to deliver voice, video and data across the globe as they continue to expand their business globally. The TPE will support current and future needs for high-speed traffic, as well as enhance reliability by securing route diversity from other submarine cables between the Asia-Pacific region and the U.S.

The segment to be added as the result of NTT joining the TPE Consortium this month is the additional link to Japan, which is expected to be completed in March 2009, and the Japan-to-U.S. link, which is expected to be completed in early 2010 (subject to regulatory approvals).

Trans-Pacific Express Consortium

CONTACT: Linda Laughlin, +1-918-590-5595,
linda.laughlin@verizonbusiness.com, or Jo Perrin, +44-770-252-5868,
jo.perrin@verizonbusiness.com, both of Verizon Business for Trans-Pacific
Express Consortium

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

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

AT&T Joins New Submarine Cable Consortium Linking Asia-Pacific and United StatesNew Routes to Deliver Stronger Network Resiliency, Diversity and Overseas Coverage for AT&T Customers

SAN ANTONIO, March 25 /PRNewswire-FirstCall/ -- AT&T Inc. today announced plans to increase the scope and resiliency of the company's global network by joining a consortium to build a submarine cable network, named Trans-Pacific Express (TPE), that links Japan, mainland China, Korea, Taiwan and the United States.

TPE is a new, high bandwidth fiber-optic submarine cable currently being built by a consortium that now includes AT&T. The cable network can carry up to 5.12 terabits per second (Tbps) over a total of 18,000 kilometers. A China-U.S. route is scheduled to be operating by August 2008, followed by the launch of a Japan-China route in March 2009.

As customers worldwide are experiencing an explosive surge in data, voice and video traffic, AT&T is strengthening its global network to meet their needs by offering more capacity and diversity throughout the world. The TPE cable network will help AT&T meet that international demand, and the network will enhance reliability by providing more diversity for the traffic that is generated throughout the Asia-Pacific region to the United States.

"We are committed to the continued expansion and diversification of our global network," said John Stankey, group president of telecom operations for AT&T. "As international demand for increased bandwidth continues to grow, AT&T is building a network to handle the requirements of our customers now and into the future. The Trans-Pacific Express cable network will increase data and voice reliability, and it will enhance diversity and resiliency to AT&T customers."

AT&T owns or leases capacity on more than 70 submarine cable systems, which span more than 456,000 fiber-route miles around the globe, including several submarine cable routes that the company uses to carry traffic between the Asia-Pacific region and North America. Signifying its strong commitment to Asia, AT&T signed an agreement last year to help build the Asia-America Gateway (AAG) cable system, which is the first high-bandwidth optical-fiber submarine cable system that goes from Southeast Asia direct to North America.

TPE routes will enhance AT&T's expansive, growing submarine cable network throughout Asia, providing higher capacity and diversity in the Asia-Pacific and trans-Pacific regions. The submarine cable investments will be used to extend AT&T's intelligent optical network with optical mesh restoration.

Joining the TPE cable network consortium is one of many initiatives included in AT&T's planned $1 billion investment in 2008 to continue expanding the company's industry-leading network of solutions for multinational companies.

Cautionary Language Concerning Forward-Looking Statements

Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.

About AT&T

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

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

AT&T Inc.

CONTACT: Dan Gugler, +1-213-489-8293, dgugler@attnews.us, or Phil
Coathup, +44-1527-49-3549, pcoathup@att.com, both of AT&T Inc.

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

/C O R R E C T I O N -- Telestone Technologies Corporation/

In the news release, "Telestone Technologies Corporation Ltd. Announces Fourth Quarter and Full Year 2007 Results", issued earlier today by Telestone Technologies Corporation over Xinhua PR Newswire, we are advised by the company that the date of the conference call should read "Tuesday, March 25, 2008" rather than "Wednesday" as originally issued inadvertently. The complete corrected release follows:

Telestone Technologies Corporation Ltd. Announces Fourth Quarter

and Full Year 2007 Results

Full Year Revenues Increase 55% to US $33.6 million; Net Income Up 31% to US

$6.0 million

BEIJING, March 24 /Xinhua-PRNewswire-FirstCall/ -- Telestone Technologies Corporation Ltd. ("Telestone") , a leading developer and provider of wireless communication coverage solutions based in the People's Republic of China, today announced its unaudited financial results for the fourth quarter and full year of 2007.

Fourth Quarter Highlights: -- Revenue for the quarter increased to US $12.6 million, up 68% from the same quarter in 2006. -- Gross profit increased 46.3% year-over year to US $6.3 million. -- Net income of US $2.3 million, up 43.8% from the same quarter in 2006. Full Year 2007 Highlights: -- Revenue for the year increased to US $33.6 million, up 55% from 2006. -- Gross margins of 50.8%, flat when compared to the 50.8% in 2006. -- Gross profit increased to US $17.0 million, up 54.7% from the US $11.0 million in 2006. -- Net income of US $6.0 million, up 30.9% from 2006.

"I am extremely pleased that the fourth quarter brought a strong close to a successful year for Telestone, with our Company providing leading wireless communications coverage solutions to a diverse set of customers," commented Mr. Han Daqing, Chairman and Chief Executive Officer of Telestone. "Our WFDS product continues to receive positive feedback from potential clients, resulting in a growing revenue stream from that industry-leading product."

"After successful acquisition of Shandong Guolian in 2007, we will continue targeting domestic companies that can provide value-added products and solutions or occupy a leading market share in provincial markets. We will also ensure the necessary investments in our technology to ensure we continue to meet the needs of our future customers, who, due to our focused efforts during the year, are increasingly international."

Full Year 2007 Financial Results:

Telestone reported full year revenue of US $33.6 million, up 55% compared to US$21.7 million in 2006, largely due to an increase in demand for products and services from China Mobile and China Unicom. While the Company experienced a slight decline in revenues from China Netcom and China Telecom during the year, revenue from other customers rose over 300% to over US $1 million.

Gross profit of US $17.0 million was an increase of 55% from the US $11.0 million of 2006, with gross margin for the year of 50.8%, steady with the 50.8% reported in 2006. The gross profit increase during the year is primarily attributable to the Company's strong revenue growth during the year and the ability to maintain a strong gross margin level. Due to these factors, net income for 2007 rose significantly to US $6.0 million from US $4.6 million in the year ago period.

Recent Operational Highlights: Recent accomplishments include: -- The listing of the Company's Wireless Fiber Distribution System (WFDS), a leading wireless indoor coverage solution, as a candidate on China Mobile's annual purchase list. Listing Telestone's solutions and products as candidates presents the opportunity for the Company's products to be purchased on a large scale by China Mobile during the coming year. This follows the positive responses received China Mobile during the third quarter on their WFDS field tests, and demonstrates the long term potential of the WFDS solution. -- The Company announced winning license approvals and signing initial sales agreements in Russia, which to date have a total value of approximately US$150,000 for Telestone to supply RF equipment to several Russian partners on a trial basis. Telestone also signed initial sales agreements in both Brazil and Mexico during the fourth quarter, and Telestone CDMA signal repeater products were approved for licensing agreements by the Federal Communication Commission in the United States. These agreements mark important steps taken by the Company to expand into international markets, and come as a result of efforts made by Telestone's recently formed overseas subsidiary, the Beijing Telestone Communication Technology Corp. -- The Company successfully incorporated Shandong Guolian, a leading provider of wireless coverage services in Shandong province acquired in the third quarter of 2007. The acquisition has been a positive experience for Telestone and will provide strong long-term benefits, regarding not only Shandong Guolian's performance and contribution to Telestone but through the facilitation of the acquisition process for the future. Business Outlook

In May 2008, a significant re-organization of the Chinese telecom industry is scheduled to occur, resulting in additional telecom carriers and greater competition among them, with an expected increase in capital investment overall. While Telestone is confident of sustained revenue growth in 2008, due to the direct impact of this event on the demand for the Company's products and services, it will only be in a position to provide official and detailed outlook after fully assessing the post-reorganization market environment.

Conference Call

The Company's management team will conduct a conference call on Tuesday, March 25, 2008 at 5:00 am (Pacific)/8:00 am (Eastern)/8:00 pm (Beijing/Hong Kong).

U.S. callers please dial: +1 888 935 4577 (toll free) European callers please dial: +44 (0) 20 7806 1957 Asian callers please dial: +852 3002 1356 Passcode: 8149391

A live audio webcast of the conference call will also be available through our new corporate website, please visit: http://www.telestone.com/english .

A replay will be available after the end of the call until March 29th. U.S. callers please dial: +1 718 354 1112 European callers please dial: +44 (0)20 7806 1970 Asian callers please dial: +852 3002 1607 Passcode: 8149391 About Telestone Technologies Corporation

Telestone provides wireless communications coverage solutions primarily in the PRC. These solutions include products such as repeaters, antennas and radio accessories. Telestone also provides services that include project design, project management, installation, maintenance and other after-sales services. Telestone currently has approximately 800 employees. For more information please visit http://www.telestone.com/ .

For further information please contact: Telestone Technologies Corporation Ltd. Nick Li Secretary of the Board Tel: +86-10-8367-0088 x1201 Email: nickl@telestone.com Fang Cui Tel: +86-10-8367-0088 x1202 Email: cuifang@telestone.com FD Beijing Julian Wilson Tel: +86-10-8591-1951 Email: Julian.Wilson@fd.com FD New York Peter Schmidt Tel: +86-10-8591-1953 Email: Peter.Schmidt@fd.com Safe Harbor Statement

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

Appendix: Financial Statements of Telestone Technology Corporation Ltd. Consolidated Statements of Operations and Other Comprehensive Income (Dollars in thousands except share data and per share amounts) Years ended December 31, 2007 2006 US$'000 US$'000 Operating revenues: Net sales of equipment 24,456 16,769 Service income 9,122 4,939 33,578 21,708 Operating expenses: Equipment and services 16,534 10,691 Sales and marketing 4,614 2,917 General and administrative 3,911 1,674 Research and development 822 605 Depreciation and amortization 288 241 Total operating expenses 26,169 16,128 Operating income 7,409 5,580 Interest expense (100) (55) Other income, net 727 442 Income before income taxes 8,036 5,967 Income taxes (1,998) (1,353) Net income 6,038 4,614 Other comprehensive income Foreign currency translation adjustment 2,002 650 Comprehensive income 8,040 5,264 Earnings per share: Weighted average number of shares outstanding Basic 9,578,956 8,682,736 Dilutive effect of warrants 108,141 52,879 Diluted 9,687,097 8,735,615 Net income per share of common stock US$ US$ Basic (US$) 0.63 0.53 Diluted (US$) 0.62 0.53 Consolidated Balance Sheets (Dollars in thousands except share data and per share amounts) As of December 31, 2007 2006 ASSETS US$'000 US$'000 Current assets: Cash and cash equivalents 5,473 3,380 Accounts receivable, net of allowance 45,013 29,777 Due from related parties 1,792 1,409 Inventories 8,023 5,048 Prepayment 1,169 315 Other current assets 1,332 373 Total current assets 62,802 40,302 Goodwill 3,119 -- Property, plant and equipment, net 1,170 821 4,289 821 Total assets 67,091 41,123 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Current portion of long term loan from related parties 28 -- Short-term bank loans 2,051 1,279 Accounts payable - Trade 7,614 6,314 Customer deposits for sales of equipment 262 20 Due to related parties 2,318 2,001 Taxes payable 4,741 2,571 Accrued expenses and other accrued liabilities 7,221 4,668 Total current liabilities 24,235 16,853 Long term loan from related parties 30 -- Commitments and contingencies 24,265 16,853 Stockholders' equity: Preferred stock, US$0.001 par value, 10,000,000 shares authorized, no shares issued -- -- Common stock and paid-in-capital, US$0.001 par value: Authorized - 100,000,000 shares as of December 31, 2007 -- -- Issued and outstanding - 10,404,550 shares as of December 31, 2007 and 8,935,106 shares as of December 31, 2006 11 9 Dedicated reserves 3,199 2,619 Additional paid-in capital 18,989 8,475 Other comprehensive income 3,017 1,015 Retained earnings 17,610 12,152 Total stockholders' equity 42,826 24,270 Total liabilities and stockholders' equity 67,091 41,123 Consolidated Statement of Cash Flow (Dollars in thousands except share data and per share amounts) Years ended December 31, 2007 2006 US$'000 US$'000 Cash flows from operating activities Net income 6,038 4,614 Adjustments to reconcile net income to net cash used in operating activities: Depreciation and amortization 260 240 Provision for doubtful accounts 1,512 383 Write-off of property, plant and equipment 56 -- Profit on disposal of property, plant and equipment -- (239) Changes in assets and liabilities: Accounts receivable (10,088) (6,896) Inventories, net (1,629) (2,686) Due from related parties 154 (44) Prepayment 56 237 Other current assets (527) (125) Accounts payable (1,362) 1,953 Due to related parties 113 (202) Customer deposits for sales of equipment (195) 16 Taxes payable 143 (3,166) Accrued expenses and other accrued liabilities 1,594 2,910 Net cash used in operating activities (3,875) (3,005) Cash flows from investing activities Purchase of property, plant and equipment (270) (148) Proceeds from disposal of property, plant and equipment -- 391 Acquisition of subsidiary, net of cash disbursed (186) -- Net cash (used in) provided by investing activities (456) 243 Cash flows from financing activities Proceeds from issuance of common stock 5,454 1,075 Proceeds from short-term bank loan 2,051 1,279 Repayment of short-term bank loan (1,630) -- Repayment of long-term loan (12) -- Net cash provided by financing activities 5,863 2,354 Net increase (decrease) in cash and cash equivalents 1,532 (408) Cash and cash equivalents, beginning of year 3,380 3,605 Effect on exchange rate changes 561 183 Cash and cash equivalents, end of year 5,473 3,380 Supplemental disclosure of cash flow information Interest received 37 20 Interest paid (100) (55) Tax paid (1,237) (1,154) Non-cash investing activity Issuance of common stock arising from acquisition of a subsidiary 5,062 --

Telestone Technologies Corporation Ltd.

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

page 1 page 2 page 3 page 4 page 5

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

Datasheet begin: 0 1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Distributors inventory: 0 1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z