MIPS Technologies to Present at B. Riley & Co. 9th Annual Investor Conference

MOUNTAIN VIEW, Calif., March 27 /PRNewswire-FirstCall/ -- MIPS Technologies, Inc. , a leading provider of industry-standard architectures, processors and analog IP for digital consumer, networking, personal entertainment, communications and business applications, today announced that Mark Tyndall, vice president of business development and corporate relations, will present at the B. Riley & Co. 9th Annual Las Vegas Investor Conference. The event will take place April 2 - 4 at the Palms Casino Resort in Las Vegas.

Tyndall is scheduled to speak on Thursday, April 3 at 2:30 p.m. Pacific Time, and will present corporate, financial and product updates for the company.

An audio webcast will be available at http://www.mips.com/company/investor-relations . For additional information on MIPS Technologies' participation in this event or other upcoming investor events, please contact ir@mips.com or (650) 567-5100.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. is the world's second largest semiconductor design IP company and the number one analog IP company worldwide. With more than 250 customers around the globe, MIPS Technologies powers some of the world's most popular products for the digital consumer, broadband, wireless, networking and portable media markets-including broadband devices from Linksys, DTVs and entertainment systems from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Today, the company owns more than 400 patent properties (patents and applications) worldwide. Founded in 1998, MIPS Technologies is headquartered in Mountain View, California, with offices worldwide. For more information, contact (650) 567-5000 or visit http://www.mips.com/.

MIPS is a trademark or registered trademark in the United States and other countries of MIPS Technologies, Inc. All other trademarks referred to herein are the property of their respective owners.

MIPS Technologies, Inc.

CONTACT: Media, Jodi Guilbault, +1-650-567-5035, jodi@mips.com, or
Investor, Mark Tyndall, VP, Business Dev & Corporate Relations,
+1-650-567-5100, ir@mips.com, both of MIPS Technologies, Inc.

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

Noah Education Announces Share Repurchase Program

SHENZHEN, China, March 27 /Xinhua-PRNewswire/ -- Noah Education Holdings Ltd. ("Noah") , a leading provider of interactive education content in China, today announced that its board of directors has authorized a program to repurchase Noah American Depositary Shares, each representing one Noah ordinary share. The board has approved the repurchase of up to US $10 million worth of ADSs over a period of one year.

The repurchases will be made on the open market or in privately negotiated transactions from time to time in compliance with SEC's Rule 10b-18, subject to market conditions, applicable legal requirements and other factors. This plan does not obligate Noah to acquire any particular number of ADSs and the plan may be suspended at any time at Noah's discretion.

Dong Xu, Noah's chairman and chief executive officer, said, "The board of directors believes that Noah's ADSs are presently undervalued in the marketplace and represent a sound investment decision at recent trading prices. Management is confident in the future of Noah and we believe that this repurchase program is in the best interest of Noah and its shareholders."

About Noah

Noah Education Holdings Limited ("Noah") is a leading provider of interactive education content in China. Noah develops and markets interactive multimedia learning materials mainly to complement prescribed textbooks used in China's primary and secondary school curricula. Noah delivers content primarily through handheld digital learning devices, or DLDs. In 2007, Noah opened nine after-school tutoring centers in Chengdu, Chongqing and Beijing as part of its strategy to become China's leading brand in supplemental education content and service.

For more information about Noah, please visit http://www.noahtech.com.cn/ . Safe Harbor Statement

This press release contains forward-looking statements that reflect Noah's current expectations and views of future events that involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Noah has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. You should understand that our actual future results may be materially different from and worse than what Noah expects. Information regarding these risks, uncertainties and other factors is included in Noah's filings with the SEC.

For investor and media inquiries, please contact: In China: Mr. Rick Chen Noah Education Holdings Limited Tel: +86-755-8204-3465 Email: rick_chen@noah21cn.com Mrs. Helen Plummer Ogilvy Public Relations Worldwide (Beijing) Tel: +86-10-8520-3090 Email: helen.plummer@ogilvy.com In the United States: Jessica Cohen Ogilvy Public Relations Worldwide (New York) Tel: +1-646-460-9989 Email: jessica.cohen@ogilvy.com

Noah Education Holdings Ltd.

CONTACT: In China: Mr. Rick Chen of Noah Education Holdings Limited, +86-
755-8204-3465, or rick_chen@noah21cn.com; Or Mrs. Helen Plummer of Ogilvy
Public Relations Worldwide (Beijing), +86-10-8520-3090, or
helen.plummer@ogilvy.com; Or In the United States: Jessica Cohen of Ogilvy
Public Relations Worldwide (New York), +1-646-460-9989, or
jessica.cohen@ogilvy.com

VUANCE Ltd. Announces Fourth Quarter 2007 Operating ResultsQuarterly Revenues Increase 71% and Annual Revenues Increase 47.4% from Prior-Year Periods

ROCKVILLE, Md., March 27 /PRNewswire-FirstCall/ -- VUANCE, Ltd. (Nasdaq and Euronext: VUNC), a leading provider of innovative Radio Frequency Verification Solutions, including active RFID, electronic access control, credentialing, accountability and incident response management, today announced its operating results for the fourth quarter and the full year of 2007.

Recent Business Highlights -- Fourth quarter revenues increased 71%, to $4.1 million, when compared with the prior-year period. -- Fourth quarter gross profit increased 73%, to $2.1 million, when compared with the prior-year period. -- During the fourth quarter, the August acquisition of Milwaukee based Security Holding Corp ("SHC") was fully integrated into the Company. It was the first full quarter for which its finances were recognized as part of VUANCE. In addition, the sales teams have now been fully integrated into a reorganized and market-focused sales team. -- A pilot program by Anglo America's Chilean copper mines to increase safety and productivity was completed and VUANCE's Active RFID solutions are now being implemented in other mines. -- VUANCE's announced how its Active RFID and electronic access control products offered a set of solutions for Charlotte Country Florida Airport in Punta Gorda, and other airports in the future. -- VUANCE's AAID Security Solutions President, Pete Martin, was selected as an Influential Security Industry Vendor by Security Magazine. Fourth Quarter and Year Ended 2007 Operating Results

Revenues for the quarter ended December 31, 2007 increased 71% to $4.1 million compared with revenues of $2.4 million in the fourth quarter of 2006. For the year ended December 31, 2007, revenues increased 47.4% to $13 million versus $8.8 million in 2006.

Gross profit increased 73% to $2.1 million in the most recent quarter, versus $1.2 million in the three months ended December 31, 2006. For the year ended December 31, 2007, gross profit increased 38.9% to $7.4 million, compared with $5.3 million for the year ended December 31, 2006.

The Company reported a net loss of $6.1 million, or $(1.19) per share, in the three months ended December 31, 2007, compared with a net income of $7.9 million, or $1.90 per diluted share, in the fourth quarter of 2006. A net loss of $11.3 million, or $(2.57) per share, was recorded during the full year 2007, versus a net income of $5.4 million, or $1.32 per diluted share, in 2006. A significant amount of the net loss in the fourth quarter of 2007 reflected a permanent reduction in the value of the shares of On Track Innovation .

On a non-GAAP basis (see reconciliation between GAAP and non-GAAP results at the end of this press release), excluding non-cash stock-based compensation, amortization of intangibles assets related to SHC acquisition and Beneficial Conversion Feature (hereinafter "BCF") of convertible bonds of $461,000, the Company's net loss totaled $5.6 million, or $(1.10) per share, in the fourth quarter of 2007, versus a non-GAAP net income of $8.1 million, or $1.94 per diluted share, in the three months ended December 31, 2006. Non- cash stock-based compensation and BCF of convertible bonds of $184,000 was recorded in the fourth quarter of 2006. Excluding non-cash stock-based compensation, amortization of intangibles assets related to SHC acquisition, onetime expenses and BCF of convertible bonds of $1.6 million the Company's non-GAAP net loss totaled $9.7 million, or $(2.21) per share, in the year ended December 31, 2007, compared with a non-GAAP net income of $5.8 million, $1.41 per diluted share, in the previous year. Non-cash stock-based compensation and BCF of convertible bonds of $391,000 was recorded in 2006.

Management Comments

"We are pleased to report that revenue and gross profits increased 71% and 73%, respectively, in the fourth quarter of 2007 and 47% and 39% for the year as a whole when compared with the prior-year periods. This demonstrates that re-positioning the Company to focus on selling within the more stable US market can create a solid business model for VUANCE," stated Eyal Tuchman, Chief Executive Officer of VUANCE Ltd. "Indeed, the numbers were in line with management's expectations."

"The fourth quarter net loss was higher than a year earlier, reflecting (1) the need to recognize the significant price decrease of OTI shares, (2) the impact of SHC consolidation, and (3) higher selling and marketing expenses related to our focus on providing Real-time Location, Electronic Access Control, and Incident Response Management Solutions within select vertical markets within the United States. The annual net loss was higher for these reasons as well as the substantial additional costs related to the two completed acquisitions during 2007."

"This was a significant quarter for VUANCE, as we began executing management's plan to grow revenues in the United States by acquiring synergistic companies that can increase our sales power. With the integration now in place, we can focus on our goals of increasing our share of the market for long-range active RFID, electronic access control, credentialing and incident response management systems within the public safety, commercial, and government sectors. Indeed, we're building closer relationships with our business partners, leading system integrators and distributors, who appreciate VUANCE's strong competitive advantage: we're the only company to offer this full range of products enabling the business partners to provide their clients with seamless, end-to-end solutions."

Mr. Tuchman concluded, "With a solid business model on which to build, we are optimistic about 2008. We anticipate sales revenues of over $20 million this year. We will remain alert for organic growth and acquisition opportunities that can contribute to our forward momentum within target vertical markets. In addition, during the fourth quarter of 2007 we began implementing added cost controls, which will take effect during 2008 and assist VUANCE in achieving operational profitability by the end of 2008 and net profitability in future years."

Investor Conference Call

VUANCE will host an investor conference call to discuss its fourth quarter and year ended 2007 operating results today, Thursday, March 27, 2008 at 10:00 AM Eastern Daylight Time (EDT) (16:00 Israel Time). During the call, Mr. Eyal Tuchman, CEO, and Mr. Lior Maza, CFO, will discuss the Company's fourth quarter and annual results.

To participate in the conference call, please call one of the following numbers five minutes before 10:00 AM EDT (16:00 Israel Time):

In Israel: 03-9180609 In the US (toll free): 1-888-407-2553 In the UK (toll free): 0-800-917-9141

A replay of the teleconference will be available for a one-week period from 14:00 EDT (20:00 Israel Time) on March 27, 2008 until 13:00 EDT on April 03, 2008. To access the replay, please call one of the following numbers:

In Israel: 03- 9255946 In the US (toll free): 1-888-254-7270 In the UK (toll free): 0-800-917-1246 Use of Non-GAAP Financial Information

In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, VUANCE uses non-GAAP measures of operational profit, net income and earnings per share, which are adjustments from results based on GAAP to exclude non-cash equity-based compensation charges in accordance with SFAS 123(R), onetime expenses and beneficial conversion feature and amortization of discount on convertible bonds and related expenses. VUANCE management believes the non-GAAP financial information provided in this release provides meaningful supplemental information regarding our performance and enhances the understanding of the Company's on-going economic performance. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. Management uses both GAAP and non-GAAP information in evaluating and operating the business and as such deemed it important to provide all this information to investors.

About VUANCE Ltd.

VUANCE Ltd. develops and markets state-of-the-art security solutions for viewing, tracking, locating, credentialing, and managing essential assets and personnel. VUANCE solutions encompass electronic access control, urban security, and critical situation management systems as well as long-range Active RFID for public safety, commercial, and government sectors. The Company's comprehensive range of products enables end-to-end solutions that can be employed to successfully overcome the most difficult security challenges. Its Incident Response Management System (IRMS) is the industry's most comprehensive mobile credentialing and access control system, designed to meet the needs of Homeland Security and other public initiatives. VUANCE is serious about security.

VUANCE Ltd. is headquartered in Rockville, MD. Its common stock is listed on the NASDAQ Capital Market and on the Euronext Exchange under the symbol "VUNC". For more information, visit http://www.vuance.com/.

Safe Harbor

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends. Investors should also consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in the Company's periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by the Company.

The Company also disclaims any duty to comment upon or correct information that may be contained in reports published by the investment community.

Investor/Media Contact Jerry Cahn, Ph.D., J.D. Target 3 Communications Tel: 646-827-0009 Fax: 646-827-9009 Jerry@target3.com CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands December 31, December 31, 2007 2006 Unaudited Audited ASSETS CURRENT ASSETS: Cash and cash equivalents $2,114 $2,444 Restricted cash deposit 3,172 859 Marketable securities 4,054 11,077 Trade receivables, net of allowance for doubtful accounts 2,463 2,625 Other accounts receivable and prepaid expenses 2,400 717 Inventories 566 270 Total current assets 14,769 17,992 INVESTMENTS AND LONG-TERM RECEIVABLES: Investment in restricted marketable securities of other company - 4,431 Long term trade receivables - 79 Severance pay fund 309 239 Total investments and long-term receivables 309 4,749 PROPERTY AND EQUIPMENT, NET 218 160 OTHER ASSETS Goodwill 3,644 - Intangibles assets and deferred charges 2,012 197 Total Other Assets 5,656 197 TOTAL ASSETS $20,952 $23,098 CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands December 31, December 31, 2007 2006 Unaudited Audited LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Short-term bank credit and current maturities of long-term loan $478 $668 Trade payables 1,498 823 Employees and payroll accruals 299 533 Accrued expenses and other liabilities 6,641 3,428 Total current liabilities 8,916 5,452 LONG-TERM LIABILITIES: Convertible bonds 2,441 2,255 Long-term loan, net of current maturities - 67 Accrued severance pay 362 323 Total long-term liabilities 2,803 2,645 COMMITMENTS AND CONTINGENT LIABILITIES SHAREHOLDER'S EQUITY 9,233 15,001 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $20,952 $23,098 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS U.S. dollars in thousands (except share data) Year ended Three months ended December 31, December 31, 2007 2006 2007 2006 Unaudited Audited Unaudited Unaudited Revenues $12,961 $8,795 $4,074 $2,383 Cost of revenues 5,600 3,494 1,934 1,147 Gross profit 7,361 5,301 2,140 1,236 Operating expenses: Research and development 1,716 1,362 812 356 Selling and marketing 9,041 5,619 2,947 2,030 General and administrative 3,192 2,737 935 902 Litigation settlement expenses 34 108 - 43 Total operating expenses 13,983 9,826 4,694 3,331 Capital gain from the sale of the e-ID Division - 10,536 - 10,536 Operating income (loss) (6,622) 6,011 (2,554) 8,441 Financial expenses, net (4,652) (204) (3,508) (120) Other expenses, net - (367) - (372) Income (Loss) before taxes on income (11,274) 5,440 (6,062) 7,949 Taxes on income (37) - (37) - Net Income (loss) $(11,311) $5,440 $(6,099) $7,949 Basic earnings (loss) per share(1) $(2.57) $1.37 $(1.19) $1.99 Diluted earnings (loss) per share(1) $(2.57) $1.32 $(1.19) $1.90 Weighted average number of Ordinary shares used in computing basic earnings (loss) per share (1) 4,391,860 3,969,209 5,124,273 3,986,054 Weighted average number of Ordinary shares used in computing diluted earnings (loss) per share (1) 4,391,860 4,133,225 5,124,273 4,173,651 (1) A 1 for 5.88235 reverse split of our common stock became effective for trading purposes on May 14, 2007. All earnings per share and weighted-average share amounts are presented on a post-split basis. RECONCILIATION BETWEEN GAAP TO NON-GAAP STATEMENTS OF OPERATIONS U.S. dollars in thousands (except share data) Year ended Year ended December 31, 2007 December 31, 2006 GAAP Adjustment Non-GAAP GAAP Adjustment Non-GAAP Unaudited Unaudited Revenues $12,961 - $12,961 $8,795 - $8,795 Cost of revenues 5,600 (5)(a) 5,595 3,494 - 3,494 Gross profit 7,361 5 7,366 5,301 - 5,301 Operating expenses: Research and development 1,716 (399)(a)(b) 1,317 1,362 (31)(a) 1,331 Selling and marketing 9,041 (243)(a)(b) 8,798 5,619 (106)(a) 5,513 General and admini- strative 3,192 (667)(a)(c) 2,525 2,737 (224)(a) 2,513 Litigation settlement expenses 34 - 34 108 - 108 Total operating expenses 13,983 (1,309)(a)(b)(c) 12,674 9,826 (361)(a) 9,465 Capital gain from the sale of the e-ID Division - - - 10,536 - 10,536 Operating Income (loss) (6,622) 1,314 (5,308) 6,011 361 6,372 Financial income (expenses), net (4,652) 268(d) (4,384) (204) 30(d) (174) Other income (expenses), net - - - (367) - (367) Income (Loss) before taxes on income (11,274) 1,582 (9,692) 5,440 391 5,831 Taxes on income (37) - (37) - - - Net Income (loss) $(11,311) $1,582 $(9,729) $5,440 $391 $5,831 Basic earnings (loss) per share (e) $(2.57) $0.36 $(2.21) $1.37 $0.10 $1.47 Diluted earnings (loss) per share (e) $(2.57) $0.36 $(2.21) $1.32 $0.09 $1.41 Weighted average number of Ordinary shares used in computing basic earnings (loss) per share(e) 4,391,860 4,391,860 4,391,860 3,969,209 3,969,209 3,969,209 Weighted average number of Ordinary shares used in computing diluted earnings (loss) per share(e) 4,391,860 4,391,860 4,133,860 4,133,225 4,133,225 4,133,225 (a) The effect of stock-based compensation. (b) The effect of amortization of intangibles assets related to acquisition. (c) The effect of onetime provision for litigation-related expenses (d) Beneficial conversion feature and amortization of discount on convertible bonds and other related expenses. (e) A 1-for-5.88235 reverse split of our common stock became effective for trading purposes on May 14, 2007. All earnings per share and weighted- average share amounts are presented on a post-split basis. RECONCILIATION BETWEEN GAAP TO NON-GAAP STATEMENTS OF OPERATIONS U.S. dollars in thousands (except share data) Three months ended Three months ended December 31, 2007 December 31, 2006 GAAP Adjustment Non-GAAP GAAP Adjustment Non-GAAP Unaudited Unaudited Revenues $4,074 - $4,074 $2,383 - $2,383 Cost of revenues 1,934 (3)(a) 1,931 1,147 - 1,147 Gross profit 2,140 3 2,143 1,236 - 1,236 Operating expenses: Research and development 812 (257)(a)(b) 555 356 - 356 Selling and marketing 2,947 (108)(a)(b) 2,839 2,030 (72)(a) 1,958 General and administrative 935 (84)(a)(c) 851 902 (82)(a) 820 Litigation settlement expenses - - - 43 - 43 Total operating expenses 4,694 (449)(a)(b)(c) 4,245 3,331 (154)(a) 3,177 Capital gain from the sale of the e-ID Division - - - 10,536 - 10,536 Operating Income (loss) (2,554) 452 (2,102) 8,441 154 8,595 Financial income (expenses), net (3,508) 9(c) (3,499) (120) 30(c) (90) Other income (expenses), net - - - (372) - (372) Income (Loss) before taxes on income (6,062) 461 (5,601) $7,949 $184 $8,133 Taxes on income (37) - (37) - - - Net Income (loss) $(6,099) $461 $(5,638) $7,949 $184 $8,133 Basic earnings (loss) per share(d) $(1.19) $0.09 $(1.10) $1.99 $0.05 $2.04 Diluted earnings (loss) per share(d) $(1.19) $0.09 $(1.10) $1.90 $0.04 $1.94 Weighted average number of Ordinary shares used in computing basic earnings (loss)per share(d) 5,124,273 5,124,273 5,124,273 3,986,054 3,986,054 3,986,054 Weighted average number of Ordinary shares used in computing diluted earnings (loss) per share(d) 5,124,273 5,124,273 5,124,273 4,173,651 4,173,651 4,173,651 (a) The effect of stock-based compensation. (b) The effect of amortization of intangibles assets related to acquisition. (c) Beneficial conversion feature and amortization of discount on convertible bonds and other related expenses. (d) A 1-for-5.88235 reverse split of our common stock became effective for trading purposes on May 14, 2007. All earnings per share and weighted average share amounts are presented on a post-split basis. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS U.S. dollars in thousands Year ended Three months ended December 31, December 31, 2007 2006 2007 2006 Unaudited Audited Unaudited Unaudited Cash flows from operating activities: Net Income (loss) $(11,311) $5,440 $(6,099) $7,949 Adjustments to reconcile net income (loss) to net cash used in operating activities: Depreciation and amortization 225 355 133 88 Increase (decrease) in accrued severance pay (382) 128 (149) 55 Stock based compensation 1,072 361 321 154 Capital gain from the sale of the e-ID Division - (10,536) - (10,536) Amortization of deferred charges 90 6 22 6 Amortization of discount on convertible bonds 268 30 85 30 Write down of loan regarding an investment in an affiliated company - 275 - 275 Decrease (increase) in trade receivables 883 (1,442) 276 350 Decrease (increase) in other accounts receivable and prepaid expenses (1,943) 254 (490) 90 Decrease (increase) in inventories 32 212 (16) 128 Increase (decrease) in trade payables 95 53 100 (129) Increase (decrease) in employees and payroll accruals (234) 211 36 120 Increase (decrease) in accrued expenses and other liabilities 2,433 1,586 (2,199) 405 Capital loss from sale of marketable securities 1,116 - 636 - Loss on sale of property and equipment 58 8 49 8 Decrease in value of marketable securities, net 2,699 - 2,699 - Exchange differences on principle of long-term loan 9 12 2 3 Net cash used in operating activities (4,890) (3,047) (4,594) (1,004) Cash flows from investing activities: Purchase of property and equipment (116) (93) (35) (1) Purchase of subsidiary that was consolidated for the first time.* (153) - - - Decrease (increase) in severance pay fund 278 (95) 106 (38) Capitalization of software and intangible assets (509) - - - Amounts carried to deferred charges (52) (163) - (163) Proceeds from restricted cash deposits, net (2,313) 229 (40) 67 Proceeds from marketable securities of municipal bond, net - 650 350 - Cash paid in respect of sale of the e-ID Division - (52) - (52) Proceeds from sale of marketable securities of other company 7,639 - 2,916 - Net cash provided by (used in) investing activities 4,774 476 3,297 (187) Cash flows from financing activities: Short-term bank credit, net (336) (307) 45 3 Long-term loan received 2,850 204 - - Proceeds from issuance of convertible bonds and warrants, net - 3,139 - 3,139 Principal payment of long-term loan (2,780) (224) (71) (67) Proceeds from exercise of options and warrants, net 82 92 30 54 Issuance of share capital through a private placement, net of issuance costs (30) (183) (30) (3) Net cash provided by (used in) financing activities (214) 2,721 (26) 3,126 Increase (decrease) in cash and cash equivalents (330) 150 (1,323) 1,935 Cash and cash equivalents at the beginning of the period 2,444 2,294 3,437 509 Cash and cash equivalents at the end of the period $2,114 $2,444 $2,114 $2,444 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS U.S. dollars in thousands Year ended Three months ended December 31, December 31, 2007 2006 2007 2006 Unaudited Audited Unaudited Unaudited Supplemental disclosure of cash flows information: Sale of the e-ID Division Assets and Liabilities of the division, at the date of sale: Working Capital, net - 2,073 - 2,073 Fixed assets, net - 2,800 - 2,800 Intangible assets - 47 - 47 Fair value of Marketable securities received as proceeds, net - (15,508) - (15,508) Capital gain from the sale of the e-ID Division: - 10,536 - 10,536 $- $(52) $- $(52) Cash paid during the period for: Interest $146 $76 $20 $19 Supplemental disclosure of non-cash activities: Trade payable and Employees and payroll accruals related to capitalization of software $- $- $- $- Issuing shares capital against redemption of note payable $432 $- $- $- Accrued expenses related to issuance of shares $- $19 $- $- Issuance of warrants to service provider $- $40 $- $40 *Purchase of subsidiary that was consolidated for the first time: Year ended December 31, 2007 Unaudited Assets and Liabilities of the subsidiary for the purchase day: Operating capital (excluding cash and cash equivalents) 1,156 Property and equipment, net (38) Other assets (1,531) Goodwill that was formed at the purchase (3,643) Share capital 14 Additional paid-in capital 3,889 $(153)

VUANCE, Ltd.

CONTACT: Jerry Cahn, Ph.D., J.D. of Target 3 Communications,
+1-646-827-0009, or fax, +1-646-827-9009, Jerry@target3.com

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

JPMorgan to Acquire Institutional Global Custody Portfolio of Nordea

LONDON, March 27 /PRNewswire/ --

- Pan-Nordic JPMorgan Branches To Be Established

JPMorgan Worldwide Securities Services (WSS), a leading provider of global custody and fund services, today announced its intent to acquire the institutional global custody portfolio of Nordea. Nordea is a Nordic leader in institutional global custody with approximately EUR200 billion in assets under custody. As a result of the acquisition, JPMorgan WSS also intends to offer local depository services to in-country mutual funds through the establishment of new branches in Denmark, Finland and Norway together with an expanded presence in Sweden. Nordea will retain its sub-custody franchise in the region.

As part of the agreement, Nordea will appoint JPMorgan as global custodian for its internal institutional clients such as Nordea Funds and Nordea Life & Pensions.

JPMorgan is currently the leading non-Nordic global custodian in the region supporting a broad range of Nordic-domiciled clients. It has a team of over 30 relationship, service, product and client technology professionals dedicated to the region and, following this transaction, which is subject to regulatory approval, this will expand to approximately 75 professionals.

"This acquisition emphasizes JPMorgan's commitment to the Nordics," said Conrad Kozak, global head of JPMorgan's Securities Company. "A key cornerstone of our strategy is to align ourselves more closely in-region with clients. To that end, this acquisition is the next stage of evolution of our Nordic expansion."

"Nordea wants to focus on services where we can truly add value to our customers," said Birger Gezelius, head of financial institutions at Nordea. "Our current institutional clients will gain access to JPMorgan's best-in-class global custody offering and value-added services, while allowing us to strategically focus on our core competencies."

JPMorgan has been a major player in the Nordic asset servicing arena for over 15 years," said Stuart Thompson, head of Nordic sales and relationship management for JPMorgan's Securities Company. "By offering clients local touch and extensive regional experience, combined with advanced global capabilities that include services such as alternative investment administration, derivatives servicing, collateral management and securities lending, we can further extend our client offering in the region."

With total assets under management in excess of EUR2 trillion, the Nordic region is one of the largest and fastest growing asset servicing markets in the world.

JPMorgan's investment bank advised JPMorgan Worldwide Securities Services on this transaction.

About JPMorgan Worldwide Securities Services' Securities Company

JPMorgan Securities Company is a premier asset servicing provider that helps institutional investors and alternative asset managers optimize efficiency, mitigate risk and enhance revenue. Part of JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., the Securities Company leverages the firm's unparalleled scale, leading technology and deep industry expertise to service investments around the world. It has $15.9 trillion in assets under custody and $4.6 trillion in assets under administration. For more information, go to http://www.jpmorgan.com/visit/sc

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.6 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at http://www.jpmorganchase.com.

About Nordea

Nordea's vision is to be the leading Nordic bank, acknowledged for its people, creating superior value for customers and shareholders. We are making it possible for our customers to reach their goals by providing a wide range of products, services and solutions within banking, asset management and insurance. Nordea has around 10 million customers, approximately than 1,300 branch offices and a leading netbanking position with 4.9 million e-customers. The Nordea share is listed on the OMX Nordic Exchange in Stockholm, Helsinki and Copenhagen. More information is available at http://www.nordea.com.

Media Contacts: John Johmann JPMorgan +44(0)20-7325-7155 John.Johmann@jpmorgan.com Anders Edlund Nordea +46-702-29-16-91 Anders.J.Edlund@nordea.com

JPMorgan

Media Contacts: John Johmann, JPMorgan, +44(0)20-7325-7155, John.Johmann@jpmorgan.com; Anders Edlund Nordea, +46-702-29-16-91, Anders.J.Edlund@nordea.com

Chunghwa Telecom Reports Operating Results for Fourth Quarter and Full Year 2007

TAIPEI, Taiwan, March 27 /Xinhua-PRNewswire-FirstCall/ -- Chunghwa Telecom Co., Ltd (TAIEX: 2412; NYSE: CHT) ("Chunghwa" or "the Company"), today reported its operating results for fourth quarter and full year 2007. All figures are presented on consolidated basis and prepared in accordance with US GAAP.

(Comparisons, unless otherwise stated, are with respect to the prior year period)

Financial Highlights for Full Year 2007: -- Total revenue increased by 7.8% to NT$200.9 billion -- Internet and data revenue grew 5.8%; ADSL & FTTB revenue increased by 5.2% -- Mobile revenue grew 1.0%; Mobile VAS revenue increased by 24.2% -- Net income totaled NT$49.5 billion, an increase of 17.5% -- Earnings per share (EPS) increased by 18.5% to NT$4.68, or NT$46.75 per ADS Financial Highlights for 4Q07: -- Total revenue increased by 10.1% to NT$52.4 billion -- Internet and data revenue grew 2.5%; ADSL & FTTB revenue increased by 2.3% -- Mobile revenue decreased 0.4%; Mobile VAS revenue increased by 27.9% -- Net income totaled NT$11.2 billion, remaining flat -- Earnings per share (EPS) increased by 1.9% to NT$1.07, or NT$10.72 per ADS Revenue

Chunghwa's total revenue for 2007 increased by 7.8% year-on-year to NT$200.9 billion, of which 31.2% was from fixed-line services, 36.7% was from mobile services, 24.5% was from Internet and data services, and the remainder was from handset sales and consolidated revenue for SENAO.

Chunghwa's strong annual results were led by the consolidation of revenue from the Company's acquisition of SENAO, continued Internet & data revenue growth, and solid mobile business results. At NT$49.2 billion, Internet and data revenue in 2007 was 5.8% higher than in 2006, driven by continued total broadband subscriber growth and broadband speed upgrades. This growth was partly offset by an ADSL tariff adjustment that took effect on April 1, 2007. Mobile revenue increased by 1.0% in 2007 to NT$73.7 billion, mainly due to growing mobile subscriber numbers and significant mobile VAS revenue growth. Fixed-line revenue decreased by 0.6% year-on-year to NT$62.6 billion for 2007. The Company attributes this decrease to sustained mobile substitution, which resulted in a 0.1% local revenue decrease and a 6.6% domestic long distance revenue decrease. The fixed-line revenue decline was partially offset by a 2.4% increase in international long distance revenue, primarily attributable to significant revenue growth from international prepaid calling cards and the Company's wholesale business.

For 4Q 2007, total revenue was NT$52.4 billion, a 10.1% increase over the same period last year. Of this, 31.8% was from fixed-line services, 34.5% was from mobile services and 23.8% was from Internet and data services; the remainder is primarily attributable to the consolidation of NT$11.4 billion in revenue from SENAO beginning in 2Q 2007.

Costs and expenses

For 2007, total operating costs and expenses increased year-on-year by 6.2% to NT$138.1 billion, primarily due to NT$8.7 billion in subsidiary operating costs and expenses. The increase of operating costs from subsidiary was offset by the parent company's lower personnel expenses resulting from a smaller number of employees participating in the incentive retirement program, and a 27.4% reduction in handset subsidy expenses. At NT$39.4 billion, the Company's 2007 depreciation and amortization expense was 3.2% lower than 2006.

For 4Q 2007, total operating costs and expenses increased year-on-year by 11.1% to NT$37.5 billion, with most of the increase due to operating costs and expenses from the acquisition of SENAO.

Income tax

The Company's income tax for 2007 was NT$14.5 billion, a 4.8% decrease compared to NT$15.3 billion for 2006. This was mainly due to the decreased tax expense provision, which partially offset the income tax on undistributed earnings.

EBITDA and net income

EBITDA for 2007 increased by 5.2% year-on-year to NT$102.3 billion, resulting in an EBITDA margin of 50.9%, down from 52.2% for 2006. The EBITDA margin decline was derived from lower subsidiary EBITDA. Net income for 2007 was NT$49.5 billion, an increase of 17.5%. The strong increase in net income is primarily attributable to mobile and Internet and data revenue growth, effective cost controls within the parent company and a decreased tax expense.

Capex

Capital expenditures totaled NT$25.1 billon for 2007, of which 76% was for wire line (including fixed-line and Internet and data), 21% was for mobile equipment, and the remainder was for other investments.

Cash Flows

Net cash flow from operations decreased by 12.9% to NT$87.3 billion, as compared to NT$100.2 billion in 2006. This was primarily due to the increase in income tax payments. As of December 31, 2007, the Company's cash and cash equivalents totaled NT$76.2 billion.

Businesses Performance Highlights: Internet and Data Services -- Total HiNet subscribers decreased 5.2% year-on-year due to the separation of 350k Prepaid Card subscribers from the total HiNet subscriber base in May 2007. This decline was partially offset by strong HiNet FTTB subscription growth, with 348k net additions over the year bringing the total HiNet FTTB subscriber number to 528k on December 31, 2007. -- Overall, the Company had 4.25 million broadband subscribers (including ADSL and FTTB) at the end of 2007, a 5.3% increase in total broadband subscriptions compared to the end of 2006. By the end of 2007, the number of ADSL and FTTB subscriptions with a service speed of greater than 8 Mbps reached 1.21 million, representing 28.5% of total broadband subscribers. -- As of the end of 2007, Chunghwa had 394k MOD subscribers, a solid 58.3% year-over-year increase, with 37k new subscriptions added during the fourth quarter 2007 alone. -- Total Data revenue were NT$11.5 billion in 2007, a 5.4% increase compared to 2006. This was primarily attributable to continued revenue growth from the MOD, HiLink and IDC businesses, and the consolidation of NT$578 million of Chief Telecom revenue. Mobile Services -- As of December 31, 2007, Chunghwa had 8.70 million mobile subscribers, slightly up quarter-on-quarter by 0.5% compared to 8.66 million as of September 31, 2007. -- Chunghwa remained the leading mobile operator in Taiwan. According to statistics published by the NCC, at the end of 2007, the Company's total subscriber market share (including 2G, 3G and PHS) was 35.8%, while the Company's 2G revenue and 2G subscriber market share positions were 34.5% and 40.3%, respectively. -- Chunghwa had 298k net additions to its 3G subscriber base during the fourth quarter, with the 14.9% rise boosting the total number of 3G subscribers to 2.29 million on December 31, 2007. At the end of 2007, 3G ARPU was 63% higher than that of 2G. -- Mobile VAS revenue for 2007 was NT$5.2 billion, posting an 24.2% increase year-on-year, with SMS revenue up 28.6% and mobile internet revenue up 42%. Fixed-line Services -- As of the end of 2007, the Company maintained its leading fixed-line market position, with fixed-line subscribers totaling 12.95 million. Recent Updates

In its two-month share buyback program, which commenced on August 29, 2007, the Company repurchased 121.1 million common shares. Because of the capital reduction program conducted last year, the repurchased shares were reduced on pro rata in 4Q 2007. Furthermore, the Company cancelled the remainder in February 2008; as a result, the total number of shares outstanding is now 9.56 billion.

Financial Statements

Financial statements and additional operational data can be found on the Chunghwa Telecom website at http://www.cht.com.tw/ir/filedownload .

About Chunghwa Telecom

Chunghwa Telecom (TAIEX 2412; NYSE: CHT) is the leading telecom service provider in Taiwan. Chunghwa Telecom provides fixed-line, mobile and Internet and data services to residential and business customers in Taiwan.

Note Concerning Forward-looking Statements

Except for statements in respect of historical matters, the statements made in this press conference contain "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual performance, financial condition or results of operations of Chunghwa Telecom to be materially different from what may be implied by such forward-looking statements. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors including, among other things: extensive regulation of telecom industry; the intensely competitive telecom industry; our relationship with our labor union; general economic and political conditions, including those related to the telecom industry; possible disruptions in commercial activities caused by natural and human induced events and disasters, including terrorist activity, armed conflict and highly contagious diseases, such as SARS; and those risks identified in the section entitled "Risk Factors" in Chunghwa Telecom's Form F-1 and F-3 filed with the U.S. Securities and Exchange Commission in connection with our ADR public offering.

The financial statements included in this press conference were prepared and published in accordance with US GAAP. Chunghwa Telecom also prepared certain financial statements for the same periods discussed in this press conference under ROC GAAP. Investors are cautioned that there are many differences between US GAAP and ROC GAAP. As a result, our results under U.S. GAAP and ROC GAAP may in many events be substantially different.

The forward-looking statements in this press conference reflect the current belief of Chunghwa Telecom as of the date of this press conference and we undertake no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such date.

For inquiries: Fu-fu Shen Investor Relations Tel: +886-2-2344-5488 Email: chtir@cht.com.tw

Chunghwa Telecom Co., Ltd.

CONTACT: Investors, Fu-fu Shen of Chunghwa Telecom Co., Ltd.,
+886 2 2344 5488, or chtir@cht.com.tw

Web site: http://www.cht.com.tw/

Tower Semiconductor Ramps-Up Production of N-trig's Digitizer ChipsThe Product is Manufactured on Tower's Advanced 0.18 Micron Process

MIGDAL HAEMEK and KFAR SABA, Israel, March 27 /PRNewswire-FirstCall/ -- Tower Semiconductor, Ltd. , an independent specialty wafer foundry, and N-trig, the provider of DuoSense(TM) technology, combining pen and zero-pressure touch for mobile computers into a single device, today announced ramp-up of production of N-trig's A-trig and D-trig - the newest digitizer chipset to be integrated in OEMs computer systems.

N-trig's DuoSense digitizers are a thinner and more integrated solution, providing the ultimate human interface experience. Its zero-pressure touch enables the best touch and pen experience on the market and is based on capacitive touch instead of traditional resistive touch. It is the only digitizer currently available that fully enables all the capabilities of the latest mobile platforms. DuoSense digitizers are implemented using Tower's Fab2 0.18-micron advanced process. Tower is the leading provider of the A-trig and D-trig products' silicon wafers.

N-trig's technology supports any type of LCD and can be implemented in a broad range of products from small tablet PCs to large format LCDs. N-trig's DuoSense dual mode digitizer drives a new level of mobile productivity, enables new market opportunities, and encourages the creation of new products and mass market applications that don't currently exist. By offering the most advanced digitizer on the market, N-trig enables OEMs and ODMs to introduce computer products that offer their customers a more personalized, intuitive, Hands-on(TM), interactive experience with their computers.

In-Stat expects the worldwide convertible notebook market to rise from US$1.2 billion in 2004 to $5.4 billion in 2009. It is predicted that the number of convertible notebooks will rise from 1M to 4M units. In addition the market demand for DuoSense technology is expected to arise from the emerging desktop replacement, AIO (all in one) and large format LCD entertainment segments. These consumer segments are all large volume markets.

"With Tower's state-of-the-art manufacturing process and effective technical support, we were able to implement this challenging and complex product," said Amihai Ben David, CEO of N-trig. "We are very happy with the mode of cooperation from Tower and look forward to a long-term business relationship."

"Tower has every confidence in N-trig's ability through its innovative product to rapidly gain market share in a fast growing sector of LCD displays. We worked closely with N-trig providing preferred prototype manufacturing, test platform and intensive engineering support," said Dr. Itzhak Edrei senior vice president of product lines and world wide sales at Tower. "Tower takes pride in supporting technology-forward customers such as N-trig, with effective technology know-how, cost effective manufacturing and full service support "

About Tower Semiconductor Ltd.

Tower Semiconductor Ltd. is an independent specialty foundry that delivers customized solutions in a variety of advanced CMOS technologies, including digital CMOS, mixed-signal and RF (radio frequency) CMOS, CMOS image sensors, power management devices, and embedded non-volatile memory solutions. Tower's customer orientation is complemented by its uncompromising attention to quality and service. Its specialized processes and engineering expertise provides highly flexible, customized manufacturing solutions to fulfill the increasing variety of customer needs worldwide. Boasting two world-class manufacturing facilities with standard and specialized process technologies ranging from 1.0- to 0.13-micron, Tower Semiconductor provides exceptional design support and technical services to help customers sustain long-term, reliable product performance, while delivering on-time and on-budget results. More information can be found at http://www.towersemi.com/.

About N-trig

N-trig is the provider of DuoSense(TM) digitizer technology combining pen and zero-pressure touch for mobile computers into a single device. N-trig enables OEMs and ODMs to provide innovative new technology for the next generation of mobility by making notebook PCs more mobile, productive, user-friendly, natural, and intuitive to use. DuoSense is easily integratable and supports any type of LCD, giving OEMs and ODMs more flexibility. Founded in 1999, N-trig's manufacturing capabilities are in place for volume production with certified supplier and quality control standards to meet the needs of its customers. In addition, DuoSense drives a new level of mobile productivity and is enabling new market opportunities in gaming and multimedia. As a technology leader in the exploding market for touch enabled devices, N-trig is backed by prominent international investors and has a highly experienced management team with a proven track record. N-trig maintains its global headquarters in Kfar Saba, Israel and has a regional presence with offices in Austin, TX and Taipei, Taiwan. For more information, please visit http://www.n-trig.com/.

Safe Harbor

This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect our business is included under the heading "Risk Factors" in our most recent Annual Report on Form 20-F, Forms F-1, F-3 and 6-K, as were filed with the Securities and Exchange Commission and the Israel Securities Authority. We do not intend to update, and expressly disclaim any obligation to update, the information contained in this release.

Tower contacts: Tower Semiconductor USA Michael Axelrod, +1-408-330-6871 pr@towersemi.com N-trig Media Contact: Abi Solomon, +972-9-799-9600 abis@n-trig.com

Tower Semiconductor Ltd

CONTACT: Tower contacts: Tower Semiconductor USA, Michael Axelrod,
+1-408-330-6871, pr@towersemi.com; N-trig Media Contact: Abi Solomon,
+972-9-799-9600, abis@n-trig.com

RRsat Enters Agreement to Acquire the Satellite Business of Bezeq, Israel's Leading Telecom Group

OMER, Israel, March 27 /PRNewswire-FirstCall/ -- - Transaction Includes the Landmark "Emek Ha'ela" Teleport in Israel and two Business Units

RRsat Global Communications Network Ltd. ("RRsat"), a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, announced today that it has entered into an agreement to acquire the satellite business of Bezeq The Israel Telecommunications Corp. Limited ("Bezeq"), Israel's leading telecommunications service provider, for approximately $15 million in cash. The acquisition is expected to close in the third quarter of 2008 and is subject to various approvals, including regulatory approvals and other closing conditions.

RRsat has agreed to acquire the property and assets of Bezeq's Emek Ha'ela Teleport in Israel, which includes approximately 26.5 acres, as well as Bezeq's BezeqSat and '711' business units. The BezeqSat unit is Bezeq's distribution center and provides services to TV and radio channels such as BBC, CNN and many others. The '711' unit provides global satellite communication services, and serves as a primary distribution center for Inmarsat, a global provider of satellite services. As part of the transaction, RRsat will assume Bezeq's existing satellite business and customer contracts, which accounted for revenues of approximately $7 million in 2007. RRsat will provide updated 2008 revenue guidance following the closing of the transaction.

"We are extremely pleased to have signed this agreement to acquire the satellite and content distribution business from Israel's largest telecommunications service provider," commented David Rivel, Founder and CEO of RRsat. "The landmark Emek Ha'ela teleport has operated as one of the premier communications facilities in Israel for more than 30 years and is currently one of the most interconnected fiber network hubs in the country. The facility was designed to support video, radio and data content, and will allow us to significantly increase the capacity and redundancy of our infrastructure. In addition to the immediate contribution to our revenues following the closing, this acquisition will serve as a platform to strengthen our service offerings to our existing customers as well as cross-sell our services to BezeqSat's customers."

Mr. Rivel concluded, "We believe the proposed acquisition will enhance our position as a major content management and global distribution company, and further expand the footprint of our proprietary RRsat Global Network. We also intend to continue to explore additional complementary acquisitions that will grow our customer base and expand our service offerings."

Conference Call

Conference call to discuss the transaction scheduled for later today, March 27, 2008 at 9:00 am EDT (6:00 am PDT; 1:00 pm UK Time; 3:00 pm Israel Time). On the call, Mr. David Rivel, Founder & CEO and Mr. Gil Efron, CFO will review and discuss the transaction and will be available to answer investor questions.

To participate, please call one of the following teleconferencing numbers. Please begin placing your calls at least 10 minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.

US Dial-in Number: 1-888-668-9141 UK Dial-in Number: 0-800-917-5108 Israel Dial-in Number: 03-9180685 International Dial-in Number: +9723-9180685 About RRsat Global Communications Network Ltd.

RRsat Global Communications Network Ltd. provides global, comprehensive, content management and distribution services to the rapidly expanding television and radio broadcasting industries. Through its proprietary "RRsat Global Network," composed of satellite and terrestrial fiber optic transmission capacity and the public Internet, RRsat is able to offer high-quality and flexible global distribution services for content providers. RRsat's comprehensive content management services include producing and playing out TV content as well as providing satellite newsgathering services (SNG). RRsat concurrently provide these services to more than 425 television and radio channels, covering more than 150 countries. Visit the company's website http://www.rrsat.com/ for more information.

Safe Harbor Statement

This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding (i) our ability to consummate the transaction in a timely manner, or at all, (ii) our ability to successfully integrate the acquired business, (i) the growth of our business and the television and radio broadcasting industries, (iii) our expectation to expand our client base and sell additional services to our existing client base, and (v) our ability to report future successes. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry as of the date of this press release. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements, including the risks indicated in our filings with the Securities and Exchange Commission (SEC). For more details, please refer to our SEC filings and the amendments thereto, including our Annual Report on Form 20-F for the year ended December 31, 2007 and our Current Reports on Form 6-K.

Information in this press release concerning "Bezeq" The Israel Telecommunications Corp. Limited has not been independently verified by RRsat.

Company Contact Information: External Investor Relations Contacts: Gil Efron, CFO Ehud Helft / Kenny Green Tel: +972-8-861-0000 Tel: +1-866-704-6710 Email: investors@RRsat.com

RRsat Global Communications Network Ltd.

CONTACT: Company Contact Information: Gil Efron, CFO, Tel:
+972-8-861-0000, Email: investors@RRsat.com; External Investor Relations
Contacts: Ehud Helft / Kenny Green, Tel: +1-866-704-6710

SST Updates Guidance on Expected First Quarter 2008 Results

SUNNYVALE, Calif., March 27 /PRNewswire-FirstCall/ -- SST (Silicon Storage Technology, Inc.) announced today that its revenue for the first quarter ending March 31, 2008 is expected to be between $77 and $80 million versus previous guidance of $83 to $93 million. Loss per share on a GAAP basis is expected to be between $0.06 and $0.10, versus previous guidance of a loss per share of between $0.03 and $0.10. The shortfall in revenue is primarily due to a push out of deliveries by several high-volume customers.

Conference Call Dial-in Information

SST will hold a conference call to discuss its financial results for the first quarter ending March 31, 2008 on April 29, 2008 at 1:30 p.m. PDT. Those wishing to participate in the conference should dial (888) 428-4480, international participants please dial (651) 291-5254, using the password "SST" at approximately 1:20 p.m. PDT. A replay of the call will be available for one week by dialing (800) 475-6701, international participants dial (320) 365-3844, using the access code 917315. A Web cast replay of the conference call will be available until the next earnings conference call on the company's Web site at http://www.sst.com/events.

About Silicon Storage Technology, Inc.

Headquartered in Sunnyvale, California, SST designs, manufactures and markets a diversified range of memory and non-memory products for high volume applications in the digital consumer, networking, wireless communications and Internet computing markets. Leveraging its proprietary, patented SuperFlash technology, SST is a leading provider of nonvolatile memory solutions with product families that include various densities of high functionality flash memory components and flash mass storage products. The Company also offers its SuperFlash technology for embedded applications through its broad network of world-class manufacturing partners and technology licensees, including TSMC, which offers it under its trademark Emb-FLASH. SST's non-memory products include NAND controller-based products, smart card ICs and modules, flash microcontrollers and radio frequency ICs and modules. Further information on SST can be found on the company's Web site at http://www.sst.com/.

Forward-Looking Statements

Except for the historical information contained herein, this news release contains forward-looking statements regarding flash memory and non-memory market conditions and SST's expected financial performance for the first quarter ending March 31, 2008 that involve risks and uncertainties. These risks may include timely development, acceptance and pricing of new products, the terms and conditions associated with licensees' royalty payments, the impact of competitive products and pricing, and general economic conditions as they affect SST's customers, as well as other risks detailed from time to time in the Company's periodic reports, including the Annual Report on Form 10-K for the year ended December 31, 2007. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, SST disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

For more information about SST and the company's comprehensive list of product offerings, please call 1-888/SST-CHIP. Information can also be requested via email to literature@sst.com or through SST's Web site at http://www.sst.com/. SST's head office is located at 1171 Sonora Court, Sunnyvale, Calif.; telephone: 408/735-9110; fax: 408/735-9036.

The SST logo and SuperFlash are registered trademarks of Silicon Storage Technology, Inc. All other trademarks or registered trademarks are the property of their respective holders.

For More Information Contact: Jim Boyd Senior Vice President & Chief Financial Officer Silicon Storage Technology, Inc. (408) 735-9110 Leslie Green Green Communications Consulting, LLC (650) 312-9060

Silicon Storage Technology, Inc.

CONTACT: Jim Boyd, Senior Vice President & Chief Financial Officer,
Silicon Storage Technology, Inc., +1-408-735-9110, or Leslie Green, Green
Communications Consulting, LLC, +1-650-312-9060, for SST

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

ProLogis Announces First U.S. Roof Lease to Southern California Edison for 2.2 Megawatt Solar Panel Installation- The Utility Will Partner With ProLogis to Use 607,000 Square Feet of Roof Space and Generate Renewable Energy With a Solar Panel Array -

DENVER, March 27 /PRNewswire-FirstCall/ -- ProLogis , the world's largest owner, manager and developer of distribution facilities, announced today that it has entered into an agreement to lease roof space to Southern California Edison (SCE), the largest electric utility in California, as a part of the utility's new solar power program.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080327/LATH005)

In the initial phase of this program, the utility will lease 607,000 square feet of roof space at ProLogis' Kaiser Distribution Park in Fontana, California. The area will be used to install and maintain solar panels with the potential to generate enough electricity to power 1,426 households for one year. At the conclusion of the start-up phase, which will include five to 10 additional installations and is expected to be completed by the end of 2008, the utility will launch its full renewable energy project, aiming to complete 50 megawatts (MW) of solar panel installations each year for a total of 250 MW -- the largest U.S. facility of its kind. Each individual installation is expected to comprise one to two megawatts.

"This project has the potential to become a breakthrough solar energy program," said Jeffrey H. Schwartz, ProLogis chairman and chief executive officer. "We are thrilled to partner with SCE on their first rooftop solar installation and look forward to providing additional roof space as the project gains momentum, which will in turn support our own sustainability goals and leverage existing assets."

All energy harnessed from the installation will flow into the neighboring electrical grid and help meet Southern California's energy needs. As the largest industrial owner and developer in Southern California, ProLogis has the capability to support SCE's ongoing requirements and will help to fulfill the program's need for vast amounts of roof space -- the company owns 180 distribution facilities in SCE's territory comprising more than 41 million square feet, the majority of which are eligible for SCE's program.

ProLogis also has a total of one megawatt of solar panel projects installed or under development in Europe. At ProLogis Park Chanteloup in France the company has installed roof-mounted solar panels, generating electricity that is incorporated back into the local French utility power grid. In Spain, at ProLogis Park Penedes, the company installed state-of-the-art, amorphous silicon solar panels that produce electricity using a wider spectrum of light than traditional crystalline technology, thus enabling maximum output.

"Our experience to date in France and Spain has shown that we can effectively use rooftop solar panels to generate environmentally conscious, renewable energy, meeting the needs of local communities while also enhancing the return on investment from our properties," said Jack Rizzo, managing director of global construction at ProLogis. "Our agreement with SCE is the first of its kind in the United States and lays the groundwork for similar programs throughout the country. With more than 500 million square feet of roof space worldwide, we see continued potential in harnessing the power of solar energy from our rooftops."

About Southern California Edison

An Edison International company, Southern California Edison is the nation's largest electric utility in California, serving a population of more than 13 million via 4.8 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California. The utility leads the nation in renewable power delivery, procuring about 12.5 billion kilowatt-hours of renewable energy per year.

About ProLogis

ProLogis is the world's largest owner, manager and developer of distribution facilities, with operations in 118 markets across North America, Europe and Asia. The company has $36.3 billion of assets owned, managed and under development, comprising 510.2 million square feet (47.4 million square meters) in 2,773 properties as of December 31, 2007. ProLogis' customers include manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs. Headquartered in Denver, Colorado, ProLogis employs more than 1,500 people worldwide. For additional information about the company, go to http://www.prologis.com/.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080327/LATH005
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com ProLogis

CONTACT: media, Mo Sheahan of ProLogis, +1-303-567-5434,
msheahan@prologis.com; or Suzanne Dawson of Linden Alschuler & Kaplan, Inc.,
+1-212-329-1420, sdawson@lakpr.com, for ProLogis; or investors, Melissa
Marsden of ProLogis, +1-303-567-5622, mmarsden@prologis.com

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

Phoenix Technologies Advances Its PC 3.0(TM) Vision With Acquisition of BeInSync, the Leader in Web File Access, P2P Synchronization and Sharing

MILPITAS, Calif., March 27 /PRNewswire-FirstCall/ -- Phoenix Technologies, , the global leader in core systems firmware, today announced that it has entered into a definitive agreement to acquire BeInSync Ltd., an Israeli-based provider of an all-in-one solution that allows users to backup, synchronize, share and access their data online. The acquisition, which is anticipated to close within the next several weeks, represents yet another step by Phoenix in delivering on its PC 3.0 promise of Embedded Simplicity.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070410/SFTU048LOGO)

BeInSync's technology redefines the way consumers and SMBs backup, access, share and protect documents, rich media files, and other important data. The company's patent-pending, peer-to-peer technology allows users to seamlessly and securely access their latest files anytime and anywhere, automatically keeping files and folders 'in sync' and backed up across multiple computers, including home PCs, office PCs and laptops.

"This acquisition is a leap forward in our effort to redefine and significantly improve the PC experience by embedding simplicity for end users," said Woody Hobbs, President and CEO of Phoenix Technologies. "PC 3.0 eliminates complexity and provides users with the kind of convenience they expect from their digital devices. We are bringing new benefits to the hundreds of millions of PC users globally who require built-in functionality on PCs by enabling secure and easy online access and collaboration and automated data protection to help them manage their digital lives.

"The integration of breakthrough synchronization technology from BeInSync will allow Phoenix and its customers to help end-users alleviate concerns about the loss of important files and to give them complete mobile freedom to access their data from any Internet-connected computer."

Phoenix Technologies' management team itself has extensive experience in synchronization technologies. Before joining Phoenix, Woody Hobbs served as President and CEO of Intellisync, a leader in wireless email and synchronization solutions, which was acquired in 2006 by Nokia.

"Given our past experience in synchronization solutions, it was fairly easy for us to identify the best possible technology existing out there that would fit in with our corporate vision and product strategy," continued Hobbs. "We were very impressed with BeInSync's people and their technology and we're excited to work with them to transform data access and continuity for PC users in consumer and small business markets as well as in enterprise departments.

"End-users want to stay connected and always 'be in sync' with colleagues, friends, remote files and computer systems. We look forward to working with our OEM customers to make online synchronization and continuity a core part of the PC end user experience. Together, the two companies will meet a wider set of customer needs and have a significantly greater opportunity to enable PC OEMs to grow their markets."

"We are very excited to be a part of Phoenix Technologies, the global leader in core systems firmware for PCs," said Tal Barnoach, Founder and Chairman of BeInSync. "With this acquisition, Phoenix is extending its leadership in the PC industry to include products in its portfolio that will set the standard yet again for providing the best-in-class solutions to PC OEMs and their customers."

Upon the closing of the acquisition, Sharon Carmel, Founder & Vice President of R&D at BeInSync, will join Phoenix as Vice President & Chief Scientist of Synchronization and Continuity Solutions and Phoenix will continue to maintain operations out of Tel Aviv, Israel. The two companies are developing integration plans that build on corporate similarities and the best business and product development practices from each company.

"Both Phoenix and BeInSync are passionate about creating and enabling great user experiences across the entire range of mobile PCs," said Carmel. "Our combined teams will be a powerful force for innovation around emerging mobile computing platforms for delivering web-based data management and data protection solutions. PC 3.0 users will no longer be dependent on a single, stand-alone PC for access to their files and digital life. At the same time, Phoenix's OEM customers will have new opportunities to differentiate their offerings, and provide additional value-added services as part of the PC sale."

About Phoenix Technologies

Phoenix Technologies Ltd. is the global market leader in system firmware that provides the most secure foundation for today's computing environments. The PC industry's top builders and specifiers trust Phoenix to pioneer open standards and deliver innovative solutions that will help them differentiate their systems, reduce time-to-market and increase their revenues. The Company's flagship products, AwardCore, SecureCore, FailSafe and HyperSpace, are revolutionizing the PC user experience by delivering unprecedented security, reliability and ease-of-use. The Company established industry leadership with its original BIOS product in 1983, has 155 technology patents and 139 pending applications, and has shipped in over one billion systems. Phoenix is headquartered in Milpitas, California with offices worldwide. For more information, visit http://www.phoenix.com/

Phoenix, Phoenix Technologies, Phoenix FailSafe, HyperSpace, HyperCore, PC 3.0 and the Phoenix Technologies logo are trademarks and/or registered trademarks of Phoenix Technologies Ltd. All other trademarks are the property of their respective owners.

Safe Harbor

The statements in this release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, but not limited to, the closing of the acquisition, the benefits of the PC 3.0 environment, the integration of BeInSync's products and services and employees into our offerings and organization, and OEM adoption of our products and solutions. These statements involve risk and uncertainties, including: our ability to close the transaction or adverse circumstances that would prevent the consummation of the transaction; technology and business integration challenges and delays; demand for our products and solutions; the ability of our customers to introduce and market new products that incorporate our products and solutions; the product offerings of competitors, especially with respect to functionality and time-to-market; and our ability to retain key employees. For a further list and description of risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements in this release, we refer you to the Company's filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. All forward-looking statements included in this release are based upon assumptions, forecasts and information available to the Company as of the date hereof, and the Company assumes no obligation to update any such forward- looking statements.

Contact Worldwide: Shauli Chaudhuri VP Marketing, Phoenix Technologies Tel. +1 408 570 1060 Email: Shauli_chaudhuri@phoenix.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070410/SFTU048LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Phoenix Technologies Ltd.

CONTACT: Shauli Chaudhuri, VP Marketing of Phoenix Technologies,
+1-408-570-1060, Shauli_chaudhuri@phoenix.com

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

Kodak Enhances Digital Picture Frame Portfolio, Adding a New Dimension to the Photo Sharing ExperienceLatest Additions to Family of Frames Boast New Quick Touch Border and a Range of Features for Simple Sharing of Pictures and Videos

ROCHESTER, N.Y., March 27 /PRNewswire-FirstCall/ -- Eastman Kodak Company today announced an enhanced Digital Picture Frame portfolio that will bring consumers a more personalized and intuitive picture viewing experience. Available in 10-inch and 8-inch multimedia, and 7-inch standard photo versions, these sleek and stylish frames host a suite of features including the newly announced Quick Touch Border, as well as accessories for enhancing your home.

-- Control of the frame has never been easier with Quick Touch Border that allows for simple operation with a touch or slide of your finger, while leaving the screen fingerprint and smudge-free. -- Transferring pictures from your PC to your KODAK EASYSHARE Digital Picture Frame is even more effortless with the new KODAK EASYSHARE Digital Display Software. In addition to organizing and editing your pictures, this software makes it easy to move your favorite pictures and slideshows from a computer directly onto the frame. -- Kodak's Digital Picture Frames display images in HD format (16:9 aspect ratio). The screens are color tuned to Kodak's standards and use KODAK Color Science for vibrant colors and pleasing skin tones-displaying pictures in brilliant color and crisp detail.

"Kodak's acclaimed and industry-leading Digital Picture Frames let consumers bring their favorite memories to life, releasing them from a computer and displaying them in brilliant quality in the home or office," said John Blake, general manager Digital Capture and Devices, Vice President, Eastman Kodak Company. "With the addition of Quick Touch Border, Kodak has made the consumer experience even more intuitive and engaging."

To customize the frame to match your home's décor, two decorative mattes are included, in Cranberry Red and Silver colors. In addition, optional KODAK Digital Frame Faceplates are available in Mahogany with a gold matte, Silver with a blue matte, Black Shadowbox with a champagne matte, and Espresso Shadowbox with a black matte. Easy to change, the faceplates snap onto the frame and update the look to suit your own personal style.

KODAK EASYSHARE Digital Picture Frame Features -- The KODAK EASYSHARE M820 and M1020 Frames display crisp, vibrant images and video on 8-inch and 10-inch (diagonal) screens, respectively. Set up is a snap and with an illuminated Quick Touch Border and Kodak's unique scrolling feature; you can easily scroll through your images with a simple slide action. Your favorite MP3 songs can be played through built-in speakers, bringing a special dimension to any picture slideshow. Enjoy any JPEG picture, most video types (MPEG 1 and 4) and MP3 music using all the popular memory card formats (CF, SD, MMC, xD and MS). Boasting 128MB of internal memory, the frames can store up to 300 pictures and even more pictures when using the two convenient memory card slots or by copying digital files from a digital still camera, home PC, or USB Jump Drive. -- The KODAK EASYSHARE P720 Frame features a 7-inch (diagonal) high- quality viewing screen and Quick Touch Border. In addition to USB flash drive compatibility, the KODAK EASYSHARE P720 offers SD, MMC, xD, and MS card slots, plus an additional SD slot to configure your frame with the amount of memory you want. The frame is not limited to tabletop display thanks to a new sleek white cord design, which allows for easy and neat mounting to walls. Pricing and Availability

All KODAK products listed in this release will be available at retail and online at Kodak.com. Recommended pricing is available at http://www.kodak.com/.

KODAK EASYSHARE Software Digital Frames Edition, with Digital Display Software, will be available with all EASYSHARE Digital Picture Frames and free to download from kodak.com.

About the KODAK EASYSHARE System

Kodak continues to bring groundbreaking features to its award-winning KODAK EASYSHARE Digital Photography System, enhancing the digital photography experience for consumers worldwide. The EASYSHARE system consists of digital cameras, picture frames, online services, software, inkjet and thermal photo papers, and accessories-making picture taking, sharing and archiving effortless. All KODAK EASYSHARE Digital Picture Frames announced today include the latest version of KODAK EASYSHARE Software Digital Frames Edition, with Digital Display Software, featuring an array of enhancements to help consumers find, create and share pictures like never before. Version 7.0 Software now includes direct access to KODAK Gallery, making it simple to find albums stored online. The new KODAK EASYSHARE Software Version 7.0 can be downloaded for free. Further information on all KODAK EASYSHARE Products can be found at http://www.kodak.com/

About Eastman Kodak Company

As the world's foremost imaging innovator, Kodak helps consumers, businesses, and creative professionals unleash the power of pictures and printing to enrich their lives.

To learn more, visit http://www.kodak.com/, and our blogs: 1000words.kodak.com, and 1000nerds.kodak.com.

Editor's Note: Kodak corporate news releases are now offered via RSS feeds. To subscribe, visit http://www.kodak.com/go/RSS and look for the RSS symbol. In addition, Kodak podcasts are viewable at http://www.kodak.com/go/podcasts. Podcasts may be downloaded for viewing on iTunes, Quicktime, or other PC-based media players. Users may also subscribe to Kodak podcasts via the iTunes store by typing "Kodak Close Up" in the search field at the top of the iTunes Store window.

2008

Kodak and EasyShare are trademarks of Kodak.

Eastman Kodak Company

CONTACT: Ilana Shenitzer, Ketchum, +1-646-935-4169,
ilana.shenitzer@ketchum.com; Nancy Carr, Kodak, +1-585-503-5240,
nancy.carr@kodak.com

Web site: http://www.kodak.com/
http://www.kodak.com/
http://www.1000words.kodak.com/
http://www.1000nerds.kodak.com/
http://www.kodak.com/go/RSS
http://www.kodak.com/go/podcasts

One Network Announces Selection for Department of Defense Transportation SystemCompany Teams With Menlo Worldwide, CSC and Olgoonik Logistics to Deliver Multi-Party 21st Century Demand-Driven Transportation Solution

DALLAS, March 27 /PRNewswire/ -- One Network Enterprises, a pioneer in multi-enterprise and multi-party sense-and-respond solutions, announced that it has been selected to provide its Demand-Driven Transportation solution for the Defense Transportation Coordination Initiative (DTCI). One Network is deploying an integrated suite of on-demand software applications and services for the initiative under a subcontract with DTCI's prime contractor and program manager, Menlo Worldwide Government Services.

(Logo: http://www.newscom.com/cgi-bin/prnh/20071024/LAW154LOGO)

DTCI is a strategic logistics improvement program directed by the United States Transportation Command (USTRANSCOM) within the Department of Defense (DoD), with the goal to streamline and modernize domestic transportation and distribution operations for all four branches of the United States military.

One Network will be the sole provider of transportation management software applications and services to Menlo in support of DTCI. One Network joins a strong team of leading technology, software and service providers participating in Menlo's winning proposal for the DTCI program, including Computer Sciences Corporation (CSC), selected to provide IT infrastructure hosting, network management and integration services and Olgoonik Logistics, which will provide professional services supporting the participation of minority-owned and small business firms as service contractors for DTCI. Under the prime contract, potentially worth $1.6 billion, an integrated logistics solution is being delivered for shipment planning, optimization, shipment execution and overall transportation resource management, governing Department of Defense material shipments in the 48 contiguous United States.

"DTCI is a critical program and we're proud to be partnered with Menlo, CSC and Olgoonik. This award is a strong testimony to the success of our Demand-Driven Transportation suite," stated Greg Brady, One Network Chief Executive Officer. "USTRANSCOM has a clear mission to improve service level delivery and reduce costs and an equally clear vision for the deployment of a next-generation transportation solution that will manage, unify and optimize the end-to-end process for domestic military logistics operations."

The program will deploy One Network's Demand-Driven Transportation software suite, a proven solution in use by more than 2,800 customers to manage over $150 billion in annual trade. The solution includes highly functional Transportation Applications, including strong capabilities for optimization of freight volumes and networks, a powerful software infrastructure for multi-enterprise collaboration and transaction management and a high performance global trading network that unites the user and service provider trade community.

Benefits from the DTCI program are expected to include increased operational efficiencies and cost savings, as well as better visibility of freight movements. The improved visibility will enable more effective planning and execution across modes of transportation, enabling USTRANSCOM to better meet customer delivery expectations.

"One Network's next-generation Transportation Management suite was a principal component of our integrated solution proposal," said Andy Dyer, Vice President, Menlo Worldwide Government Services. "Their advanced optimization capabilities, coupled with a powerful network-based architecture will play a fundamental role in the successful deployment of this mission-critical technology platform for DTCI."

About Menlo Worldwide

Menlo Worldwide, LLC, is a global provider of logistics, transportation management and supply chain services with operations in North America and 20 countries. As a third-partly logistics provider, San Mateo, Calif.-based Menlo Worldwide's services range from dedicated contract logistics to warehouse and distribution management, transportation management, supply chain re-engineering and other value-added services including packaging, kitting, order fulfillment and light assembly through a strategic network of multi-client and dedicated facilities. With more than 13 million square feet of dedicated warehouse space in North America, the Asia Pacific, Europe and Latin America, and industry-leading technologies, Menlo creates effective, integrated solutions for the transportation and distribution needs of leading businesses around the world.

Menlo Worldwide, LLC, is a subsidiary of Con-way Inc. , a $4.2 billion freight transportation and logistics company and FORTUNE magazine's "Most Admired Company" in transportation and logistics for 2007. For more information, please visit http://www.menloworldwide.com/.

About One Network Enterprises, Inc.

One Network Enterprises is a pioneer in multi-enterprise and multi-party sense-and-respond solutions. One Network operates industry-specific networks and applications that are proven to deliver rapid results. One Network's solutions provide visibility, decision-support, execution and analytics across multiple internal divisions and trading partners, while embracing existing IT and B2B infrastructure, policies, and business processes. The process and data models required are fundamentally different from enterprise-centric models and are powered by our unique many-to-many integrated Platform.

In the supply chain execution space, One Network's solutions continuously monitor demand, supply, and logistics signals and incrementally orchestrate execution across the multi-party network to optimize customer experience. The proprietary demand sensing provides advance visibility and the multi-party optimization provides the best customer service at the lowest total landed cost. This results in lower lead-times and very fast value networks with tremendous benefits to all the partners. We call this Demand-Driven. These capabilities are flexible and can be employed to power a subset or complete end-to-end business process that can range from order management, inventory management, distribution, logistics, manufacturing, to procurement in a multi-party environment.

One Network's mission is to make multi-enterprise and multi-party business processes simple and efficient. One Network is one of the fastest growing SaaS companies with more than 2,800 customers in the retail, consumer products, high-tech, defense and logistics industries. For more information, please visit http://www.onenetwork.com/.

Photo: http://www.newscom.com/cgi-bin/prnh/20071024/LAW154LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com One Network Enterprises

CONTACT: Srini Murty of One Network Enterprises, +1-972-455-3582,
marketing@onenetwork.com

Web site: http://onenetwork.com/
http://www.menloworldwide.com/

One Network Announces Selection for Department of Defense Transportation System

DALLAS, March 27 /PRNewswire/ --

- Company Teams With Menlo Worldwide, CSC and Olgoonik Logistics to Deliver Multi-Party 21st Century Demand-Driven Transportation Solution

One Network Enterprises, a pioneer in multi-enterprise and multi-party sense-and-respond solutions, announced that it has been selected to provide its Demand-Driven Transportation solution for the Defense Transportation Coordination Initiative (DTCI). One Network is deploying an integrated suite of on-demand software applications and services for the initiative under a subcontract with DTCI's prime contractor and program manager, Menlo Worldwide Government Services.

(Logo: http://www.newscom.com/cgi-bin/prnh/20071024/LAW154LOGO)

DTCI is a strategic logistics improvement program directed by the United States Transportation Command (USTRANSCOM) within the Department of Defense (DoD), with the goal to streamline and modernize domestic transportation and distribution operations for all four branches of the United States military.

One Network will be the sole provider of transportation management software applications and services to Menlo in support of DTCI. One Network joins a strong team of leading technology, software and service providers participating in Menlo's winning proposal for the DTCI program, including Computer Sciences Corporation (CSC), selected to provide IT infrastructure hosting, network management and integration services and Olgoonik Logistics, which will provide professional services supporting the participation of minority-owned and small business firms as service contractors for DTCI. Under the prime contract, potentially worth US$1.6 billion, an integrated logistics solution is being delivered for shipment planning, optimization, shipment execution and overall transportation resource management, governing Department of Defense material shipments in the 48 contiguous United States.

"DTCI is a critical program and we're proud to be partnered with Menlo, CSC and Olgoonik. This award is a strong testimony to the success of our Demand-Driven Transportation suite," stated Greg Brady, One Network Chief Executive Officer. "USTRANSCOM has a clear mission to improve service level delivery and reduce costs and an equally clear vision for the deployment of a next-generation transportation solution that will manage, unify and optimize the end-to-end process for domestic military logistics operations."

The program will deploy One Network's Demand-Driven Transportation software suite, a proven solution in use by more than 2,800 customers to manage over US$150 billion in annual trade. The solution includes highly functional Transportation Applications, including strong capabilities for optimization of freight volumes and networks, a powerful software infrastructure for multi-enterprise collaboration and transaction management and a high performance global trading network that unites the user and service provider trade community.

Benefits from the DTCI program are expected to include increased operational efficiencies and cost savings, as well as better visibility of freight movements. The improved visibility will enable more effective planning and execution across modes of transportation, enabling USTRANSCOM to better meet customer delivery expectations.

"One Network's next-generation Transportation Management suite was a principal component of our integrated solution proposal," said Andy Dyer, Vice President, Menlo Worldwide Government Services. "Their advanced optimization capabilities, coupled with a powerful network-based architecture will play a fundamental role in the successful deployment of this mission-critical technology platform for DTCI."

About Menlo Worldwide

Menlo Worldwide, LLC, is a global provider of logistics, transportation management and supply chain services with operations in North America and 20 countries. As a third-partly logistics provider, San Mateo, Calif.-based Menlo Worldwide's services range from dedicated contract logistics to warehouse and distribution management, transportation management, supply chain re-engineering and other value-added services including packaging, kitting, order fulfillment and light assembly through a strategic network of multi-client and dedicated facilities. With more than 13 million square feet of dedicated warehouse space in North America, the Asia Pacific, Europe and Latin America, and industry-leading technologies, Menlo creates effective, integrated solutions for the transportation and distribution needs of leading businesses around the world.

Menlo Worldwide, LLC, is a subsidiary of Con-way Inc. (NYSE: CNW), a US$4.2 billion freight transportation and logistics company and FORTUNE magazine's "Most Admired Company" in transportation and logistics for 2007. For more information, please visit http://www.menloworldwide.com.

About One Network Enterprises, Inc.

One Network Enterprises is a pioneer in multi-enterprise and multi-party sense-and-respond solutions. One Network operates industry-specific networks and applications that are proven to deliver rapid results. One Network's solutions provide visibility, decision-support, execution and analytics across multiple internal divisions and trading partners, while embracing existing IT and B2B infrastructure, policies, and business processes. The process and data models required are fundamentally different from enterprise-centric models and are powered by our unique many-to-many integrated Platform.

In the supply chain execution space, One Network's solutions continuously monitor demand, supply, and logistics signals and incrementally orchestrate execution across the multi-party network to optimize customer experience. The proprietary demand sensing provides advance visibility and the multi-party optimization provides the best customer service at the lowest total landed cost. This results in lower lead-times and very fast value networks with tremendous benefits to all the partners. We call this Demand-Driven. These capabilities are flexible and can be employed to power a subset or complete end-to-end business process that can range from order management, inventory management, distribution, logistics, manufacturing, to procurement in a multi-party environment.

One Network's mission is to make multi-enterprise and multi-party business processes simple and efficient. One Network is one of the fastest growing SaaS companies with more than 2,800 customers in the retail, consumer products, high-tech, defense and logistics industries. For more information, please visit http://www.onenetwork.com.

Web site: http://onenetwork.com http://www.menloworldwide.com

One Network Enterprises

Srini Murty of One Network Enterprises, +1-972-455-3582, marketing@onenetwork.com; Photo: http://www.newscom.com/cgi-bin/prnh/20071024/LAW154LOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com

Convera(R) Reports Fourth Quarter and Fiscal Year 2008 Financial Results

VIENNA, Va., March 26 /PRNewswire-FirstCall/ -- Convera Corporation -- http://www.convera.com/ -- a leading provider of vertical search services for publishers, today announced financial results for the three-month period and fiscal year ended January 31, 2008.

On August 9, 2007, the Company completed the sale of the assets of its RetrievalWare(R) enterprise search business to Fast RW Software for $23 million, including $18.1 million of cash, $4.0 million of restricted cash held in escrow and the assumption of approximately $0.9 million of liabilities related to the employees of the RetrievalWare business. The Company recognized a $17.9 million gain on this transaction.

All revenue and expenses reported for the RetrievalWare enterprise search business for the three-month and fiscal year periods ended January 31, 2008 and 2007 were reported as discontinued operations in the statement of operations. The assets and liabilities of the RetrievalWare enterprise search business are reported as "held for sale" on the January 31, 2007, balance sheet.

Revenue from continuing operations for the fourth quarter of fiscal 2008 totaled $280,000, an increase of $163,000 over the comparable year-ago period. Revenue from continuing operations for the fiscal year ended January 31, 2008, totaled $1,118,000, an increase of $849,000 over the prior year.

As of January 31, 2008, a total of 39 Excalibur supported vertical search sites from 24 different publishers are in production. There were three vertical search sites from a single publisher in production at January 31, 2007. Search activity from the Excalibur supported vertical sites increased from 7.8 million searches in the third quarter to 9.5 million in the 4th quarter.

As of today, a total of 45 Excalibur supported vertical search sites have been launched into production. With the sites currently in production and those in development, Convera is presently providing vertical search services to 30 different trade publishers.

Patrick Condo, President and CEO of Convera, stated, "We are pleased with the progress we are making in acquiring customers, launching sites and increasing the traffic on our network. We expect to see the financial results of this effort evidenced in this next fiscal year as the impact of our efforts to increase revenue and decrease expenses becomes clear beginning in the first quarter of this fiscal year."

The loss from continuing operations for the three-month period ended January 31, 2008, was $7.2 million, or $0.13 per share, compared to a loss of $8.6 million, or $0.16 per share, for the comparable year-ago period. The net loss from continuing operations for the fiscal year ended January 31, 2008, was $27.0 million, or $0.51 per share, compared to a loss of $45.3 million, or $0.87 per share, for the comparable year-ago period.

The decreased loss reflects the decrease in staffing and Convera's efforts to discontinue non-strategic activities from streamlining actions taken during fiscal 2008. Convera expects further benefits from these actions in the coming quarters as a result of continued alignment of resources to pursue the publishing marketplace.

Income from discontinued operations was $166,000 or $0.00 per share for the three-month period ended January 31, 2008, compared to a net loss of $1.1 million or $0.02 per share for the comparable year-ago period. Net income from discontinued operations for the three months ended represents an adjustment to the gain recognized from the sale of RetrievalWare due to favorable finalization of the purchase price adjustment and other transaction related contingencies.

Income from discontinued operations for the fiscal year ended was $17.9 million or $0.34 per share, compared to net income of $456,000 or $0.01 per share in the comparable period of the prior fiscal year. Net income from discontinued operations for the fiscal year ended January 31, 2008, includes the $17.9 million gain recognized from the sale of the RetrievalWare business and $20,000 in income from operating this discontinued business.

Net loss for the three months ended January 31, 2008, was $7.0 million or $0.13 per share, which compares to a net loss of $9.7 million or $0.18 per share, for the comparable period of the prior year.

Net loss for the fiscal year ended January 31, 2008, which includes the $17.9 million gain recognized on the sale of the RetrievalWare business, was $ 9.1 million or $0.17 per share, which compares to a net loss of $44.8 million or $0.86 per share, for the comparable period of the prior year.

Cash and investments as of January 31, 2008, totaled $36.6 million.

The attached financial information compares the results of operations for the three-months and fiscal year ended January 31, 2008, to the same periods in 2007, and the balance sheet as of January 31, 2008 and 2007.

The condensed, consolidated statements of operations for the Company for the three months ended January 31, 2008 and 2007 appear below and are presented in accordance with accounting principles generally accepted in the United States. All amounts, except per share amounts, are expressed in thousands of U.S. dollars.

Three Months Ended January 31, 2008 2007 (unaudited) (unaudited) Continuing Operations: Revenues: Hosted services $280 $117 Operating Expenses: Cost of revenue - hosted services 3,199 2,021 Sales and marketing 896 1,035 Research and product development 1,076 2,560 General and administrative 2,026 3,698 Amortization of capitalized software development costs - - Impairment of long lived assets 603 - Total Expense 7,800 9,314 Operating loss (7,520) (9,197) Interest income, net 364 602 Loss from continuing operations $(7,156) $(8,595) Discontinued Operations: Loss from discontinued operations - (1,142) Gain on sale of discontinued operation 166 - Income (loss) from discontinued operations 166 (1,142) Net Loss $(6,990) $(9,737) Earnings(loss) per share - basic & diluted Continuing operations $(0.13) $(0.16) Discontinued operations 0.00 (0.02) $(0.13) $(0.18) Weighted average number of common shares outstanding - basic and diluted 53,280 52,810

The condensed, consolidated statements of operations for the Company for the fiscal years ended January 31, 2008 and 2007 appear below and are presented in accordance with accounting principles generally accepted in the United States. All amounts, except per share amounts, are expressed in thousands of U.S. dollars.

Fiscal Year Ended January 31, 2008 2007 Continuing Operations: Revenues: Hosted services $1,118 $269 Operating Expenses: Cost of revenue - hosted services 9,660 8,138 Sales and marketing 3,880 4,386 Research and product development 4,652 11,010 General and administrative 11,179 14,833 Amortization of capitalized software development costs - 3,045 Impairment of long lived assets 603 6,407 Total Expense 29,974 47,819 Operating loss (28,856) (47,550) Interest income, net 1,815 2,267 Loss from continuing operations $(27,041) $(45,283) Discontinued Operations: Income from discontinued operations 20 456 Gain on sale of discontinued operation 17,925 - Income from discontinued operations 17,945 456 Net Loss $(9,096) $(44,827) Earnings(loss) per share - basic & diluted Continuing operations $(0.51) $(0.87) Discontinued operations 0.34 0.01 $(0.17) $(0.86) Weighted average number of common shares outstanding - basic and diluted 53,146 52,222

The condensed, consolidated Balance Sheets for the Company as of January 31, 2008, and January 31, 2007, appear below and are presented in accordance with accounting principles generally accepted in the United States. All amounts, except per share amounts, are expressed in thousands of U.S. dollars

Assets January 31, January 31, 2008 2007 (unaudited) (unaudited) Current Assets: Cash and cash equivalents $36,641 $47,504 Accounts receivable, net 182 170 Escrow, Prepaid expenses and other 4,002 1,022 Assets held for sale - 6,281 Total current assets 40,825 54,977 Equipment and leasehold improvements, net 4,913 3,714 Other assets 629 590 Total assets $46,367 $59,281 Liabilities and Shareholders' Equity Current Liabilities: Accounts payable $699 $1,796 Accrued expenses 2,282 2,232 Deferred revenues 651 725 Liabilities held for sale - 3,431 Total Liabilities 3,632 8,184 Shareholders' Equity 42,735 51,097 Total liabilities and shareholders' equity $46,367 $59,281 About Convera(R)

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

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

Convera Corporation

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

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

WESCO International, Inc. Names New Board Member

PITTSBURGH, March 26 /PRNewswire-FirstCall/ -- WESCO International, Inc. , a leading provider of electrical MRO products, construction materials, and advanced integrated supply procurement outsourcing services, today announced the appointment of Mr. John K. Morgan to its Board of Directors effective March 31, 2008. With the addition of Mr. Morgan, WESCO's Board of Directors now consists of 10 Directors.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030508/WCCLOGO )

John K. Morgan is currently the Chairman, President and Chief Executive Officer of Zep Inc. , a specialty chemicals company where he served as President from July 2007 to November 2007. Prior to the Zep Inc. spin-off from Acuity Brands in November 2007, he was President and Chief Executive Officer of Acuity Brands Lighting and Executive Vice President of Acuity Brands, Inc., from August 2005 to July 2007 and also held the positions of President from February 2004 to August 2005 and Chief Operating Officer from 2001 to 2004. Mr. Morgan also served as President of the Holophane Division of Acuity for two years after its acquisition by National Service Industries, Inc.

Chairman and CEO, Roy W. Haley, commented, "We are very pleased to welcome John Morgan to our Board. He brings a wealth of electrical products manufacturing and distribution industry sales experience that will further strengthen our Board."

WESCO International, Inc. is a publicly traded Fortune 500 holding company, headquartered in Pittsburgh, Pennsylvania, whose primary operating entity is WESCO Distribution, Inc. WESCO Distribution is a leading distributor of electrical construction products and electrical and industrial maintenance, repair and operating (MRO) supplies, and is the nation's largest provider of integrated supply services. 2007 annual sales were approximately $6.0 billion. The Company employs approximately 7,300 people, maintains relationships with over 24,000 suppliers, and serves more than 110,000 customers worldwide. Major markets include commercial and industrial firms, contractors, government agencies, educational institutions, telecommunications businesses and utilities. WESCO operates seven fully automated distribution centers and approximately 400 full-service branches in North America and selected international markets, providing a local presence for area customers and a global network to serve multi-location businesses and multi-national corporations.

The matters discussed herein may contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from expectations. Certain of these risks are set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2007, as well as the Company's other reports filed with the Securities and Exchange Commission.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030508/WCCLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com WESCO International, Inc.

CONTACT: Stephen A. Van Oss, Senior Vice President and Chief Financial
and Administrative Officer of WESCO International, Inc., +1-412-454-2271, Fax:
+1-412-454-2477

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

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