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Companies news of 2008-03-31 (page 4)

  • Tata Consultancy Services Wins 5-Year Multi-Million Dollar Deal as ArvinMeritor's Global...
  • Harris Stratex Networks to Announce Q3 Fiscal 2008 Financial Results
  • MapQuest and Garmin(R) Announce a Partnership to Deliver MapQuest Directions and Maps...
  • Garmin(R) Simplifies Searching, Sending and Navigating to Locations through Google Maps
  • TII Network Technologies Reports 2007 Year End ResultsFourth Quarter Sales Increase 50%
  • Alcatel-Lucent to Demonstrate Its Strengths in 3G and 4G Wireless Broadband, IP...
  • Verizon Wireless Unveils Stylish, Intuitive XV6900 for Mobile ProfessionalsThe XV6900...
  • Sprint Selects Nokia Siemens Networks to Deploy Its Subscriber Data Management Solution...
  • Vimicro Announces New Milestone: Shipment of 5 Million Advanced Web Camera Embedded...
  • Video: Texas Instruments Introduces Industry's First Single Chip to Integrate GPS,...
  • Video: Texas Instruments Extends OMAP(TM) Portfolio With Multimedia Coprocessor That...
  • Wisconsin Chief on the Wisconsin's Electronic Control Device Committee Selects Stinger...
  • Synopsys Extends Design Compiler Topographical Technology to Predict and Alleviate Routing...
  • Limelight Networks Introduces Live Event Services
  • Rogers Cable in Canada Joins Rentrak to Supply Content Providers in North America...
  • WD(R) Sets April 24 for Third Quarter Fiscal 2008 Financial Results Conference Call and...
  • Curtiss-Wright Awarded Order for TVA Watts Bar Nuclear Power PlantTo Provide Four New...
  • SXC Health Solutions Corp. Commences Exchange Offer For Shares Of National Medical Health...
  • Hifn to Showcase Secure iSCSI Appliances at FOSE 08
  • Mindray's Laptop-size M5 and BS-200 Receive FDA Clearance
  • Verizon Wireless and LG Introduce the Slim enV(2)(TM) by LGSuccessor to the Popular enV by...
  • Medialink Reports Fourth Quarter 2007 Results
  • Sonus Networks Brings Next-Generation Mobile Architectures to LifeIndustry Leader Delivers...
  • Alcatel-Lucent and Airvana to Jointly Demonstrate a CDMA Femtocell Solution at CTIA...
  • Conspiracy Entertainment CEO Issues Letter to Shareholders
  • New AT&T Real Yellow Pages Directories Being Distributed Throughout ChicagoResidential...
  • Wuhan General Reports Fiscal Year 2007 Financial Results
  • Solomon Completes Military Surveillance Project
  • Milestone Scientific Announces 2007 Year-End ResultsCompany to Host Teleconference...
  • WEGENER to Launch New iPump Media Server at NAB 2008Advanced Addressable Media Server to...



    Tata Consultancy Services Wins 5-Year Multi-Million Dollar Deal as ArvinMeritor's Global Engineering Partner

    MUMBAI, India, March 31 /PRNewswire/ -- Tata Consultancy Services (TCS), a leading IT services, business solutions and outsourcing organization, today announced it has signed a five-year, multi-million dollar contract to be the global engineering partner of ArvinMeritor , a premier global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry.

    As part of the agreement, TCS will support the localization and globalization efforts of ArvinMeritor's engineering capabilities including product development and support for specific product lines in the Asia Pacific region. TCS will set up a global engineering center in Pune, India that will provide a broad range of product engineering services to cater to the global needs of ArvinMeritor with a specific focus on the Asian market.

    "ArvinMeritor will be focusing on the Asia Pacific region where we are experiencing tremendous growth," explained Tom Watson, Vice President, Engineering & Technical Planning, Light Vehicle Systems, ArvinMeritor. "While our current engineering workforce serves us well in Western Europe and North America, our growth objectives require expansion of our engineering footprint. Automotive capability, domain knowledge, proven track record, global presence, robust collaboration processes and commitment to our success were important parameters in the selection of a suitable partner and TCS was the clear choice."

    Regu Ayyaswamy, Vice President, Engineering and Industrial Services, TCS said, "We are pleased to be chosen as ArvinMeritor's engineering partner as part of their global growth strategy. As ArvinMeritor extends its current competencies to new product categories through use of electronics and control technologies, TCS along with its Group company INCAT will deliver end-to-end comprehensive solutions to support ArvinMeritor. Our Global Network Delivery Model(TM) will seamlessly ensure that ArvinMeritor experiences certainty in all aspects of our relationship in any part of the globe."

    TCS' Engineering and Industrial Services (EIS) business unit provides a wide spectrum of engineering enterprise solutions across diverse industry verticals from Aerospace to Utilities. It helps customers drive information integration across their value streams to include the engineering of products and production facilities, and the efficient management of capital assets and production. Operating for the last two decades, EIS brings a powerful combination of vision, skills, know-how, alliances, and delivery capabilities to bear on each program delivered.

    About ArvinMeritor

    ArvinMeritor, Inc. is a premier global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets, and light vehicle manufacturers. Headquartered in Troy, Mich., ArvinMeritor employs approximately 18,000 people in 24 countries. ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM. For more information, visit the company's Web site at: http://www.arvinmeritor.com/.

    About Tata Consultancy Services

    Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model, recognized as the benchmark of excellence in software development. A part of the Tata Group, India's largest industrial conglomerate, TCS has over 108,000 of the world's best trained IT consultants in 47 countries. The Company generated consolidated revenues of US $4.3 billion for the fiscal year ended 31 March, 2007 and is listed on National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at http://www.tcs.com/.

    Note: This TCS release and other news announcements are available as part of an RSS feed at http://www.tcs.com/.

    Tata Consultancy Services

    CONTACT: Global-India, +91 22 6750 9999, pradipta.bagchi@tcs.com, or
    USA-Canada, +1-646-313-4594, m.mccabe@tcs.com, or APAC, +65 6372 4931,
    vishwendra.v@tcs.com, or UK, +44 (0) 207 235 4613, Keith.Sharp@tcs.com, or
    Europe, +44 (0)207 245 1388, Ross.Roy@tcs.com, or Latin America,
    +56 (2) 2511604, daniela.bertoglia@tcs.cl, all of Tata Consultancy Services

    Web site: http://www.tcs.com/
    http://www.arvinmeritor.com/




    Harris Stratex Networks to Announce Q3 Fiscal 2008 Financial Results

    RESEARCH TRIANGLE PARK, N.C., March 31 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. , the leading independent supplier of turnkey wireless transmission solutions, will announce the company's third quarter fiscal 2008 financial results at approximately 4:00 p.m. Eastern Time (ET) on Tuesday, April 29, 2008.

    The company will host a conference call at 5:30 p.m. ET that same day to discuss its financial results. To listen to the live conference call, please dial 303-262-2175 by 5:20 p.m. ET on April 29. A replay will also be available starting one hour after the completion of the call until May 6. To access the replay, dial 303-590-3000 (pass code: 11111496 #).

    Investors are invited to listen via webcast, which will be broadcast live, and via replay, at http://www.harrisstratex.com/investors/conference-call.

    About Harris Stratex Networks, Inc.

    Harris Stratex Networks, Inc. is the world's leading independent supplier of turnkey wireless transmission solutions. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognized around the world for innovative, best-in-class wireless networking solutions and services. For more information, visit http://www.harrisstratex.com/.

    Harris Stratex Networks, Inc.

    CONTACT: Investors: Mary McGowan of Summit IR Group Inc.,
    +1-408-404-5401, mary@summitirgroup.com; Media: Kami Spangenberg of Harris
    Stratex Networks, +1-919-767-5238, kami.spangenberg@hstx.com

    Web site: http://www.harrisstratex.com/
    http://www.harris.com/
    http://www.harrisstratex.com/investors/conference-call




    MapQuest and Garmin(R) Announce a Partnership to Deliver MapQuest Directions and Maps Directly to Garmin GPS Devices

    LAS VEGAS, March 31 /PRNewswire/ -- MapQuest, Inc. and Garmin International Inc., a unit of Garmin Ltd. , the global leader in satellite navigation, today announced plans for the upcoming launch of a new feature that will allow consumers to send trip planning results from MapQuest.com, the #1 online mapping website,* directly to their Garmin personal navigation device.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO)

    Through the partnership, users can find a place, as well as plan and research routes, at MapQuest.com, then send the locations directly to Garmin GPS units by utilizing the "Send to GPS" drop down option. Users will then be able to easily access previously sent location data from their Garmin device without needing to input information directly on the device.

    "Garmin is the clear leader in satellite navigation and our partnership further establishes MapQuest.com as the go-to site for destination planning," said Christian Dwyer, Senior Vice President and General Manager of MapQuest, Inc. "GPS-enabled navigation devices are becoming increasingly prevalent. Offering users the option to plan online from the convenience of their computer and send information to these devices is a natural progression and an important, time-saving resource."

    "Our relationship with MapQuest gives our users even more of what they've come to expect from their Garmin products -- ease of use and an array of options," said Dan Bartel, Garmin's vice president of worldwide sales. "Planning a trip, whether it's to a new restaurant, a business meeting or a family vacation, has never been easier or more efficient."

    The new Send-to-Garmin feature will be available in April and expands on MapQuest Send-To capabilities which currently enable consumers to easily send directions from the MapQuest.com site to their mobile phones. The ability to send planning results from the vast and dynamic MapQuest database to Garmin supplements Garmin's extensive collection of preloaded destinations.

    MapQuest and Garmin will both be in attendance at this week's CTIA Wireless 2008 show, taking place in Las Vegas from April 1 through April 3. MapQuest will be demonstrating the Send to Garmin feature in the AOL booth #2857 (Hall C4/C5). Garmin will be located in booth #6639, and more information is available at http://www.garmin.com/. To learn more about using the new Send-to-Garmin feature, visit http://wireless.mapquest.com/send-gps.html and http://www.garmin.blogs.com/.

    About MapQuest, Inc.

    MapQuest offers Internet, wireless and business solutions that help people find places. MapQuest.com is one of the most recognized and trusted brands on the Internet, and offers the leading consumer Web site for maps and directions, serving over 45 million* users in February 2008, according to comScore Media Metrix. MapQuest, Inc., a wholly owned subsidiary of AOL LLC, is based in Denver, Colorado.

    About AOL

    AOL is a global Web services company that operates some of the most popular Web destinations, offers a comprehensive suite of free software and services, runs one of the largest Internet access businesses in the U.S., and provides a full set of advertising solutions. A majority-owned subsidiary of Time Warner Inc., AOL LLC and its subsidiaries have operations in the U.S., Europe, Canada and Asia. Learn more at AOL.com."

    About Garmin International Inc.

    Garmin International Inc. is a subsidiary of Garmin Ltd. , the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications -- most of which are enabled by GPS technology. Garmin's products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at http://www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin is a registered trademark of Garmin Ltd. or its subsidiaries.

    All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

    Notice on forward-looking statements:

    This release includes forward-looking statements regarding Garmin Ltd. and its business. All statements regarding the company's future product introductions are forward-looking statements. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 29, 2007, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin's Form 10-K can be downloaded at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

    *comScore Media Metrix February 2008

    Photo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Garmin International Inc.

    CONTACT: Chris Savarese of AOL-MapQuest, +1-212-206-4589,
    chris.Savarese@corp.aol.com; or Jake Jacobson of Garmin International Inc.,
    +1-913-397-8200, media.relations@garmin.com

    Web site: http://www.garmin.com/
    http://www.mapquest.com/




    Garmin(R) Simplifies Searching, Sending and Navigating to Locations through Google Maps

    LAS VEGAS, March 31 /PRNewswire-FirstCall/ -- Garmin International Inc., a unit of Garmin Ltd. , the global leader in satellite navigation, today announced that users can now send locations found on Google Maps(TM), an innovative online mapping service, directly to their Garmin personal navigation device.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO)

    "Given the amount of time we all spend at a computer or in our cars, teaming with Google Maps gives users the versatility of planning their travels at their keyboard in addition to their Garmin device," said Dan Bartel, Garmin's vice president of worldwide sales. "There's no need to waste time printing, scribbling or e-mailing locations and directions when you can use Google Maps to search for and save everything you need with just a couple of clicks."

    The process is quick and easy. Users begin by searching Google Maps for a specific business or a broader category -- "Kansas City barbecue," for example -- and the results will appear on a map. The desired location can then be saved directly to the Garmin device through the Send-to function. This reduces delays, including delays that can be caused by intermediary software, so that users can immediately resume their search for more places or get in their car and go.

    "This is part of our ongoing effort to connect Google services like Google Maps with Garmin products," explained Giorgio Scherl, a product manager for Google. "We continue to add progressive features, such as user-generated content, to make Google Maps more compelling and useful in an increasingly mobile world."

    The Send-to-Garmin feature is available at Google Maps, as of April 1. Garmin will have information about Google Maps and other new announcements available at garmin.com and at its CTIA Wireless trade show booth (#6639) in Las Vegas, Nevada, April 1-3, 2008. To learn more about using the new Send-to-Garmin feature, visit http://www.garmin.com/ and http://www.garmin.blogs.com/.

    About Garmin International Inc.

    Garmin International Inc. is a subsidiary of Garmin Ltd. , the global leader in satellite navigation. Since 1989, this group of companies has designed, manufactured, marketed and sold navigation, communication and information devices and applications -- most of which are enabled by GPS technology. Garmin's products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at http://www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin is a registered trademark of Garmin Ltd. or its subsidiaries.

    Google and Google Maps are trademarks of Google Inc. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

    Notice on forward-looking statements:

    This release includes forward-looking statements regarding Garmin Ltd. and its business. All statements regarding the company's future product introductions are forward-looking statements. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 29, 2007, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin's Form 10-K can be downloaded at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

    Photo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Garmin International Inc.

    CONTACT: Jake Jacobson of Garmin International Inc., +1-913-397-8200,
    media.relations@garmin.com

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




    TII Network Technologies Reports 2007 Year End ResultsFourth Quarter Sales Increase 50%

    EDGEWOOD, N.Y., March 31 /PRNewswire-FirstCall/ -- TII Network Technologies, Inc. , a company that develops and manufactures connectivity and data distribution solutions for the communications industry, today announced its results of operations for the three and twelve months ended December 31, 2007.

    Net sales for the three months ended December 31, 2007 were $12.0 million compared to $8.0 million for the comparable prior year period, an increase of $4.0 million or 50.3%. The growth reflects increased sales of connectivity products, home networking products and digital subscriber line (DSL) products.

    Non-GAAP operating income, which excludes restructuring charges of $46,000 related to the closing of our facility in Puerto Rico in 2007, was $734,000 for the three months ended December 31, 2007 compared to a loss of $37,000 for the comparable prior year period, an improvement of $771,000. Operating income for the three months ended December 31, 2007 was $688,000 compared to a loss of $37,000 for the comparable prior year period, an improvement of $725,000.

    Income before taxes in the fourth quarter 2007 was $755,000 compared to $16,000 in the comparable 2006 period.

    Net income for the fourth quarter 2007 period was $6.1 million or $0.44 per diluted share, including a tax benefit of $5.3 million or $0.39 per diluted share. For the fourth quarter 2006 period, net income was $1.5 million or $0.11 per diluted share, including a tax benefit of $1.5 million or $0.11 per diluted share. The tax benefit resulted from a reduction of our deferred tax asset valuation allowance and is net of Federal and state taxes on pre-tax income at statutory rates.

    Net sales for the year ended December 31, 2007 were $46.8 million compared to $39.1 million for the similar prior year period, an increase of $7.7 million or 19.8%. The growth reflects increased sales of home networking products and connectivity and DSL products, partially offset by decreases in sales of our network interface products.

    Non-GAAP operating income, which excludes restructuring charges of $1.1 million related to the closing of our facility in Puerto Rico in 2007, was $2.6 million for the year ended December 31, 2007 compared to $1.8 million for the comparable prior year period, an increase of $824,000 or 47%. Operating income for the year ended December 31, 2007 was $1.5 million compared to $1.8 million for the comparable prior year period, a decrease of $300,000 or 14.4%.

    Income before taxes in 2007 was $1.7 million compared to $2.0 million in the comparable 2006 period.

    Net income for the year ended December 31, 2007 was $6.4 million, or $0.47 per diluted share, including a tax benefit of $4.8 million or $0.35 per diluted share. Net income in 2006 was $2.7 million, or $0.20 per diluted share, including a tax benefit of $710,000 or $0.05 per diluted share. The tax benefit resulted from a reduction of our deferred tax asset valuation allowance and is net of Federal and state taxes on pre-tax income at statutory rates.

    A reconciliation of non-GAAP operating income to our GAAP operating income (the most directly comparable GAAP measure) is set forth at the end of this press release.

    Kenneth A. Paladino, President and Chief Executive Officer, stated, "The continuation of our sales growth reflects increases across most of our product lines and resulted in a 47% increase in operating income for the year, excluding the restructuring charges. The restructuring charges resulted from the closure of our Puerto Rico facility in September 2007 and the consolidation of the operations previously conducted in that facility into our new, owned facility in Edgewood, New York, which we moved into in June 2007. With the consolidation of operations completed, which improves our operating efficiencies, and anticipated further growth in sales of our new products under our product and customer diversification strategy, we believe our profitability will continue to increase. These improved financial results validate that we are successfully executing our product and customer diversification strategy, a strategy that we believe will result in continued success into 2008."

    About TII Network Technologies, Inc.

    TII Network Technologies, Inc. headquartered in Edgewood, New York, is a leader in designing, manufacturing and marketing network products for the communications industry. Our products are critical to the delivery of voice, video and data services by the service providers and include: network interface devices ("NIDs"), network gateways or intelligent NIDs ("iNIDs"), home networking, overvoltage surge protection and connectivity solutions. Additional information about the company can be found at http://www.tiinettech.com/.

    Forward Looking Statement

    Certain statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, words such as "may," "should," "seek," "believe," "expect," "anticipate," "estimate," "project," "intend," "strategy" and similar expressions are intended to identify forward looking statements regarding events, conditions and financial trends that may affect our future plans, operations, business strategies, operating results and financial position. Forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause our actual results, performance or achievements to differ materially from those described or implied in the forward-looking statements as a result of several factors, including, but not limited to, those factors discussed below and elsewhere in this document. We undertake no obligation to update any forward-looking statement to reflect events after the date of this Report. Among those factors are:

    -- the ability to market and sell products to new markets beyond our principal copper-based Telco market which has been declining over the last several years, due principally to the impact of alternate technologies; -- exposure to increases in the cost of our products, including increases in the cost of our petroleum-based plastic products and precious metals; -- general economic and business conditions, especially as they pertain to the Telco industry; -- the ability to timely develop products and adapt our existing products to address technological changes, including changes in our principal market; -- competition in our traditional Telco market and new markets we are seeking to penetrate; -- dependence on, and ability to retain, our "as-ordered" general supply agreements with our largest customer and ability to win new contracts; -- potential changes in customers' spending and purchasing policies and practices; -- dependence on third parties for certain product development; -- dependence for products and product components from Pacific Rim contract manufacturers, including on-time delivery that could be interrupted as a result of third party labor disputes, political factors or shipping disruptions, quality control and exposure to changes in costs and changes in the valuation of the Chinese Yuan; -- weather and similar conditions, particularly the effect of typhoons on our assembly and warehouse facilities in the Pacific Rim; -- the ability to attract and retain technologically qualified personnel, and -- the availability of financing on satisfactory terms. TII NETWORK TECHNOLOGIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (in thousands, except per share data) Three months ended Years ended December 31, December 31, 2007 2006 2007 2006 (unaudited) Net sales $11,984 $7,971 $46,846 $39,104 Cost of sales (includes restructuring charges of $46 and $1,076 in the three and twelve months ended December 31, 2007, respectively) 7,670 5,508 32,204 25,730 Gross profit 4,314 2,463 14,642 13,374 Operating expenses: Selling, general and administrative 2,964 2,026 10,926 9,721 Research and development 662 474 2,214 1,899 Total operating expenses 3,626 2,500 13,140 11,620 Operating income 688 (37) 1,502 1,754 Interest expense (2) (2) (12) (7) Interest income 48 56 172 226 Other income (expense) 21 (1) 9 (2) Income before income taxes 755 16 1,671 1,971 Income tax benefit (5,301) (1,486) (4,769) (710) Net income $6,056 $1,502 $6,440 $2,681 Net income per common share: Basic $0.46 $0.12 $0.50 $0.22 Diluted $0.44 $0.11 $0.47 $0.20 Weighted average common shares outstanding: Basic 13,300 12,479 12,821 12,397 Diluted 13,670 13,653 13,639 13,474 TII NETWORK TECHNOLOGIES, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share data) December 31, 2007 2006 ASSETS Current assets: Cash and cash equivalents 3,261 5,362 Accounts receivable, net of allowance of $90 and $30 at December 31, 2007 and 2006, respectively 6,994 3,068 Inventories 9,219 8,364 Deferred tax assets, net 674 1,251 Other current assets 372 277 Total current assets 20,520 18,322 Property, plant and equipment, net 9,680 7,119 Deferred tax assets, net 9,358 3,899 Other assets, net 93 125 Total assets $39,651 $29,465 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable 2,301 718 Accrued liabilities 1,856 1,914 Total current liabilities and total liabilities 4,157 2,632 Commitments and contingencies Stockholders' equity: Preferred stock, par value $1.00 per share; 1,000,000 shares authorized, including 30,000 shares of series D junior participating; no shares outstanding - - Common stock, par value $.01 per share; 30,000,000 shares authorized; 13,499,541 shares issued and 13,481,904 shares outstanding as of December 31, 2007, and 12,550,306 shares issued and 12,532,669 shares outstanding as of December 31, 2006 135 126 Additional paid-in capital 41,358 39,146 Accumulated deficit (5,718) (12,158) 35,775 27,114 Less: Treasury shares, at cost, 17,637 common shares at December 31, 2007 and 2006 (281) (281) Total stockholders' equity 35,494 26,833 Total liabilities and stockholders' equity $39,651 $29,465 TII NETWORK TECHNOLOGIES, INC. AND SUBSIDIARIES Reconciliation of Non-GAAP Financial Measures to GAAP Financial Measures (in thousands) (unaudited) Three months ended Years ended December 31, December 31, 2007 2006 2007 2006 Reconciliation of Non-GAAP operating income to GAAP operating income: Non-GAAP operating income $734 $(37) $2,578 $1,754 Restructuring charges (46) - (1,076) - GAAP operating income $688 $(37) $1,502 $1,754

    TII Network Technologies, Inc.

    CONTACT: TII Network Technologies, Inc., +1-631-789-5000

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




    Alcatel-Lucent to Demonstrate Its Strengths in 3G and 4G Wireless Broadband, IP Transformation and Mobile TV/video and Content Delivery at CTIA Wireless 2008

    LAS VEGAS, March 31 /PRNewswire-FirstCall/ -- CTIA Wireless -- Alcatel- Lucent (Euronext Paris and NYSE: ALU) will showcase its leadership in the deployment of 3G and 4G wireless broadband services, mobile TV/video and other multimedia content, mobile backhaul and the evolution to all-IP networks at North America's leading wireless telecommunications industry event, the Cellular Telecommunications and Internet Association (CTIA) Wireless 2008 Trade Show and Exhibition, to be held from April 1 - 3 in Las Vegas.

    "Based on current market dynamics, we believe there is room for the continued growth of 3G networks, in terms of the numbers of subscribers being supported and the kinds of innovative services that can be introduced," said Cindy Christy, president of Alcatel-Lucent's Americas region. "And as the next generation of services develops, operators need more than just broadband wireless access networks -- they need a comprehensive solution that offers an end-to-end quality of experience for their subscribers. To make 4G a reality we believe it is critical that the industry as a whole works to ensure that there is a very rich ecosystem of technologies and vendors. At Alcatel-Lucent we are well positioned to bring together the software integration and management skills necessary to build a broadband business -- not just a broadband network."

    At CTIA Wireless, Alcatel-Lucent will show how operators can leverage its strengths in wireless broadband, IP/MPLS, optics, and as a leading end-to-end network integrator -- across operations software, applications and network domains -- to help network operators transform their networks to "all IP."

    On the second day of the show, Alcatel-Lucent CEO Patricia Russo will take part in a panel of industry leaders discussing "the Path to 4G."

    Alcatel-Lucent press and analyst reception

    Alcatel-Lucent will host a reception and briefing for media, industry analysts and financial analysts from 4:00 p.m. to 5:30 p.m. on Tuesday, April 1, at the Las Vegas Hilton, connected to the convention center, in Ballroom C. John Leonard, president of Alcatel-Lucent's Applications activities will lead the briefing focusing on mobile TV/video - our experience, our vision and our customers. Mr. Leonard will be joined by Hugh Bradlow, CTO of Telstra, and Tim Bryan, CEO of ICO Global Communications, who will share their experiences with and perspective for the future of mobile TV. The formal portion of the briefing will begin at 4:00 p.m.

    After the formal presentation and Q&A session, Alcatel-Lucent experts will be available for informal conversation to discuss topics such as 4G, LTE, WiMAX, 3G (CDMA/EV-DO and W-CDMA/HSPA), multi-screen video, mobile broadcast, mobile network outsourcing and professional services and mobile backhaul/IP transformation (including our Mobile Evolution Transport Architecture - META) and one of our newest innovations, the Alcatel-Lucent 9900 Wireless Network Guardian, the first device in a new product category that provides critical new visibility to wireless networks, helping carriers ensure problem-free delivery of IP-based wireless broadband services.

    Exhibition

    Alcatel-Lucent will feature the full breadth of its end-to-end solutions in the Las Vegas Convention Center Hall C3, #2613. The company will offer demonstrations of its innovative systems, software and services developed to enrich the end-user experience and to help transform telecommunications.

    Individual demonstrations will feature technologies that will enable operators to deliver on the promise of 3G today and lay the groundwork for the rapid evolution to 4G. Technologies featured will include: W-CDMA/HSPA; the Base Station Router (BSR) Femto (based on the flat-IP architecture); LTE (Long Term Evolution); WiMAX (including MIMO and OFDM); IMS; the Alcatel-Lucent Mobile Evolution Transport Architecture (META); multi-screen entertainment; the Alcatel-Lucent Unlimited Mobile TV solution based on DVB-SH (Digital Video Broadcasting - Satellite services to Handhelds) and more.

    Alcatel-Lucent Conference Speakers Mobile Marketing: Building Brand Equity or Pure Sales Opportunity? Monday, March 31, 3:00 p.m. - 4:45 p.m. Sandip Mukerjee, Vice President, Wireless Networks Portfolio and Strategy Questioning IMS: Where are We? What have We Learned? Where are We Going? And When Will We Get There? Tuesday, April 1, 1:00 p.m. - 2:15 p.m. John Leonard, president, Applications Activities Wireless Industry Policy Hot Topics, Tuesday, April 1, 1:45 p.m. - 2:45 p.m. Cindy Christy, president, Americas Region CEO Infrastructure Roundtable, Wednesday, April 2, 10:15 a.m. - 11 a.m. Pat Russo, CEO Using Ethernet to Backhaul Mobile Voice with Clock Synchronization, Wednesday, April 2, 11:00 a.m. - 12:15 p.m. Keith Allan, director of product management, IP Division Defining 4G Technology, Wednesday, April 2, 1:00 p.m. - 2:15 p.m. Bill Clifford, CTO, Wireless Networks WiMAX: What the Future Holds, April 2, 2:00 p.m. - 3:30 p.m. Reinaldo A Valenzuela, Bell Labs, Director of Wireless Research Mobile Demographics - Finding Up and Coming Niche Markets, Wednesday, April 2, 1:00 p.m. - 2:30 p.m. June Bower, vice president of marketing, Consumer Entertainment Ensuring Video Quality in Backhaul Networks, Wednesday, April 2, 3:30 p.m. - 4:45 p.m. Scott Nelson, vice president, Wireless Transmission activities Addressing Network Security in the Era of Open Access & Fully Functional Mobile Multimedia Devices, Wednesday, April 2, 4:00 p.m. - 5:15 p.m. Wim Sweldens, Alcatel-Lucent Ventures Highlighted demonstrations at the show

    Alcatel-Lucent's booth at CTIA Wireless 2008 will feature a variety of ground-breaking demonstrations that will highlight the company's leadership in the commercialization of key next-generation wireless technologies, including:

    -- Live high-speed video connection over LTE (Long Term Evolution) between Alcatel-Lucent's booth and those of LG Electronics and NEC, supporting dozens of DVD-quality and high-definition video streams simultaneously; -- In-building 3G W-CDMA/HSPA service demonstrations - in both Alcatel Lucent and customer booths -- using Alcatel-Lucent's Base Station Router (BSR) Femto, an innovative platform that combines the key elements of a 3G radio access network into a single device, easy to deploy at home; demonstration incorporates unique self-registration and auto-configuration capabilities; -- A large variety of new WiMAX wireless broadband terminal devices from Alcatel-Lucent's Open CPE Program partners; -- A "three screen" entertainment experience where content is being shared across multiple devices - TV, mobile, PC and other -- whether the user is at home (through their fixed broadband or Femto-based wireless access) or on the go - providing a simple, personal and predictable experience; -- Mobile backhauling over a combination of fiber, copper, and microwave technologies. Specific demonstrations include TDM circuit emulation/pseudowire capabilities on Alcatel-Lucent optical transport portfolio, improvements in microwave backhaul bandwidth optimization, DSL backhaul, and enhancements to its service router portfolio; -- An unlimited mobile TV experience to deliver interactive, personalized and context-specific live or on-demand mobile TV content, available either in a sport utility vehicle (SUV) in Alcatel-Lucent's booth -- and on the Las Vegas Strip -- or on commercial handsets connected over 3G and broadcast technology such as DVB-H and DVB-SH, enabled by Alcatel-Lucent end-to-end network integration services; -- A demonstration, using our application integration tools that will show you how to monetize the mobile Internet; -- A series of business, network and services transformation solutions that will demonstrate Alcatel-Lucent's ability to offer end-to-end solutions while managing risk and complexities inherent in large-scale transformation projects, including managed services and network outsourcing, multivendor maintenance and network support, wireless transformation services - all in an IMS environment. About Alcatel-Lucent

    Alcatel-Lucent (Euronext Paris and NYSE: ALU) provides solutions that enable service providers, enterprise and governments worldwide, to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent offers the end-to-end solutions that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved revenues of Euro 17.8 billion in 2007 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel- Lucent on the Internet: http://www.alcatel-lucent.com/

    Alcatel-Lucent

    CONTACT: Press: Regine Coqueran, +33 (0)1 40 76 49 24,
    regine.coqueran@alcatel-lucent.com, Mary Ward, +1-908-582-7658,
    mary.ward@alcatel-lucent.com, Investors: Remi Thomas, +33 (0)1 40 76 50 61,
    remi.thomas@alcatel-lucent.com, John DeBono, +1-908-582-7793,
    debono@alcatel-lucent.com, Tony Lucido, +33 (0)1 40 76 49 80,
    alucido@alcatel-lucent.com, Don Sweeney, +1-908-582-6153,
    dsweeney@alcatel-lucent.com, all of Alcatel-Lucent

    Web site: http://www.alcatel-lucent.com/




    Verizon Wireless Unveils Stylish, Intuitive XV6900 for Mobile ProfessionalsThe XV6900 Features an Easy-to-Use Touch-Screen, Simple User Interface, and Quick Access to Games, E-Mail and More

    LAS VEGAS and BASKING RIDGE, N.J., March 31 /PRNewswire/ -- Ahead of CTIA WIRELESS 2008, Verizon Wireless, the owner and operator of the nation's most reliable wireless voice and data network, today announced the XV6900 will be available in April through Verizon Wireless business sales channels, at Verizon Wireless Communications Stores and online at http://www.verizonwireless.com/. The Verizon Wireless XV6900 is a stylish, compact and versatile touch-screen phone, optimized for easy navigation with the swipe of a finger and runs on Verizon Wireless' network, which gives the pure white XV6900 fast Internet and e-mail connectivity.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20080331/NYM010-a )

    The XV6900 from Verizon Wireless takes touch to the next level with smooth navigation. Whether customers are accessing local weather reports, navigating to the Internet, flipping through photos, or one-touch dialing of loved ones, they can interact with a myriad of the XV6900's features with just a flick of their fingers.

    The Verizon Wireless XV6900 leverages the broad functionality and communication capabilities of Windows Mobile(R) 6 Professional with access to Outlook Mobile(R) for smooth e-mail integration, Office Mobile and the ability to run a bevy of third-party applications. Verizon Wireless customers will also have the ability to surf the Web through Internet Explorer(R) Mobile, send and receive e-mails or chat on popular Messenger services including AIM(R), MSN(R), Yahoo!(R). Designed with the sophisticated customer in mind, the Verizon Wireless XV6900 allows customers to view and edit Microsoft Word(R) and Excel(R) files, as well as view Microsoft PowerPoint(R), Adobe(R) Reader(R) LE PDF Viewer and view, extract and create new ZIP files and attachments. The intuitive home screen on the XV6900 provides one-touch access to e-mail, text messages, calendar appointments and contacts, as well as current weather conditions and forecasts for hundreds of cities around the world.

    Additional features of the XV6900 include: -- Built-in speakerphone -- Bluetooth(R) v. 2.0 with support for stereo, hands-free, and headset profiles -- microSD(TM) memory card slot with support up to 8 GB -- 2.0 megapixel camera with video capture -- 256 MB ROM / 128 MB RAM -- 2.8" TFT-LCD touch-screen with LED backlight -- 3.98" (l) x 2.35" (w) x 0.56" (d) -- Support for Office Outlook Mobile and Microsoft Exchange(R) with Direct Push

    The XV6900 will be available online and in Verizon Wireless Communications Stores, including those in Circuit City, for $349.99 after a $50 mail-in rebate with a new two-year customer agreement. An additional $100 credit toward the purchase of the handset is available for customers who sign up for qualifying voice and data plans at the time of purchase.

    Verizon Wireless offers a host of business applications and solutions for a variety of industries -- from construction, manufacturing and healthcare to retail, financial services, government and public safety. Verizon Wireless' portfolio of mobile applications, enhanced by the comprehensive suite of IP products and services and technological innovations offered by Verizon Business, provides business and enterprise customers access to turnkey solutions that can help them improve efficiency, streamline communications and produce a solid return on investment.

    For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/. Business customers should contact a Verizon Wireless Business Sales Representative directly at 1-800-VZW-4BIZ.

    About Verizon Wireless

    Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 65.7 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/. To preview and request broadcast- quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080331/NYM010-a
    AP Archive: http://photoarchive.ap.org/
    AP PhotoExpress Network: PRN11
    PRN Photo Desk, photodesk@prnewswire.com Verizon Wireless

    CONTACT: Brenda Boyd Raney of Verizon Wireless, +1-908-559-7518,
    Brenda.Raney@verizonwireless.com

    Web site: http://www.verizonwireless.com/
    http://www.verizonwireless.com/multimedia




    Sprint Selects Nokia Siemens Networks to Deploy Its Subscriber Data Management Solution for Sprint's WiMAX Broadband Network ServicesAs Sprint continues to rapidly build out its XOHM WiMAX Broadband Network, Nokia Siemens Networks' Subscriber Data Management (SDM) solution will enable Sprint to offer its customers a higher level of personalized broadband services.

    IRVING, Texas and HERNDON, Va., March 31 /PRNewswire/ -- Sprint has chosen Nokia Siemens Networks to implement an innovative subscriber database solution that will simplify operations and provide a more individualized service to enhance the customer experience. The solution, which includes the Apertio One-NDS (Network Directory Server), will enable Sprint to operate a Subscriber Profile System (SPS) based on a single, real-time common subscriber database, eliminating the inefficiencies of multiple databases and reducing administration and cost. Additionally, the capability to efficiently integrate new applications by plugging in extensions to the core data model on short notice without service interruption gives Sprint greater agility to adapt to changing markets.

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

    The platform also will support a host of IP and IMS-based services and applications over the XOHM WiMAX network.

    "Providing a personal experience to our customers is a top priority," said John Daley, VP Customer Management for Sprint's XOHM business unit. "Implementing the new database, coupled with our dedicated customer service, will enable Sprint to achieve this goal and help to further position our services at the forefront of the industry."

    "In today's market, it is essential for service providers to offer their customers a highly personalized and prompt communication experience," said Sue Spradley, Head of North America, Nokia Siemens Networks. "As Sprint paves the way for 4G, we are pleased they have chosen our one-of-a-kind solution to manage and unify their subscriber data."

    The Apertio One-NDS (Network Directory Server) is the leading real-time database for the telecommunications market, with over 46 customer references worldwide. The solution includes subscriber provisioning and operations and management functions that make it easy and cost effective to operate. Apertio was recently acquired by Nokia Siemens Networks.

    Nokia Siemens Networks also will provide maintenance and system integration services.

    About Nokia Siemens Networks

    Nokia Siemens Networks is a leading global enabler of communications services. The company provides a complete, well-balanced product portfolio of mobile and fixed network infrastructure solutions and addresses the growing demand for services with 20,000 service professionals worldwide. Nokia Siemens Networks is one of the largest telecommunications infrastructure companies with operations in 150 countries. The company is headquartered in Espoo, Finland.

    http://www.nokiasiemensnetworks.com/ Media Enquiries Nokia Siemens Networks Chantal Boeckman Communications, North America Phone : +1 469 789 9594 e-mail: chantal.boeckman@nsn.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20071024/NOKIASIEMENSLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk photodesk@prnewswire.com Nokia Siemens Networks

    CONTACT: Chantal Boeckman, Communications, North America of Nokia
    Siemens Networks, +1-469-789-9594, chantal.boeckman@nsn.com

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




    Vimicro Announces New Milestone: Shipment of 5 Million Advanced Web Camera Embedded Processors for High-end Notebook PCs

    BEIJING, March 31 /Xinhua-PRNewswire-FirstCall/ -- Vimicro International Corporation , a leading fabless semiconductor company that designs advanced mixed-signal multimedia products and solutions, today announced that Vimicro has shipped more than 5 million VC0336 web camera embedded processors, the most advanced web camera processor in the market, for high-end notebook PCs.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20070528/CNM014LOGO )

    Launched in 2007, Vimicro's VC0336 processor offers notebook manufacturers advanced functions for enhanced web camera multimedia experiences such as HD (High Definition) video streaming, high-quality audio recording, auto focus, and audio noise cancellation, etc. Since then, VC0336 has been adopted by the world-leading notebook manufacturers as the processor not only provides stunning audio/video quality, but enables notebook manufacturers to improve product design to meet customer demand for sleeker, more compact notebooks in highly competitive markets.

    "As the most advanced web camera processor in the market today, the VC0336 has given notebook manufacturers an edge on Internet video applications in the era of Web 2.0," said Kevin Jin, President of Vimicro. "VC0336's mass appeal stems from its advanced streaming video capabilities critical to some of the latest notebooks targeting high-end web camera applications."

    About VC0336

    The VC0336 processor can stream video at 60 frames per second (fps) with a resolution of 0.3 mega pixels, 30 fps with a resolution of 1.3 mega pixels, and 20 fps with a resolution of 2.0 mega pixels. VC0336 comes with the SMIA (Standard Mobile Image Architecture) interface, the only web camera processor in the market with such feature currently, enabling high-speed video streaming at HD resolution as well as much smaller camera module designs to fit into ever-thinning high-end notebook LCD panels. Additionally, VC0336 provides advanced image processing such as lens shading correction and image noise filtering for better video quality, and two audio ADCs (Analog Digital Converters) enabling advanced audio processing such as noise reduction.

    About Vimicro

    Vimicro International Corporation is a leading fabless semiconductor company in China designing, developing and marketing proprietary digital multimedia signal processing chips and solutions enabling multimedia applications for mobile phones over 2.5G/3G networks and PCs over broadband Internet.

    http://www.vimicro.com/english For more information, please contact: Meghan Weber / Angela Ruggiero Stanton Communications Tel: +1-212-616-3601 Email: mweber@stantoncomm.com aruggiero@stantoncomm.com Sheena Shen / Haizhen Du Vimicro Corporation Tel: +86-10-6894-8888 Email: sheenashen@vimicro.com duhaizhen@vimicro.com

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070528/CNM014LOGO
    PRN Photo Desk, 888-776-6555 or 212-782-2840 Vimicro International Corporation

    CONTACT: Meghan Weber / Angela Ruggiero of Stanton Communications, +1-
    212-616-3601, or mweber@stantoncomm.com, aruggiero@stantoncomm.com; Sheena
    Shen / Haizhen Du of Vimicro Corporation, +86-10-6894-8888, or
    sheenashen@vimicro.com, duhaizhen@vimicro.com

    Web site: http://www.vimicro.com/english




    Video: Texas Instruments Introduces Industry's First Single Chip to Integrate GPS, Bluetooth(R) and FM TechnologyHigh-performance solution delivers fast, accurate navigation and affordable connectivity to your fingertips

    DALLAS, March 31 /PRNewswire/ -- Addressing increasing consumer demand for GPS, Bluetooth wireless technology and FM radio in mobile handsets, Texas Instruments Incorporated (TI) today announced its NaviLink(TM) 6.0 (NL5500) solution, the industry's first single chip that combines assisted global positioning satellite (A-GPS), Bluetooth 2.1 and ultra low power technologies, as well as FM receive/transmit capabilities. Built on TI's DRP(TM) single-chip technology at 65 nanometer (nm), the highly-integrated and cost-effective solution enables manufacturers to introduce sleek, affordable and high-performance handsets with GPS capabilities to the large mid-tier market and drive increased usage of popular GPS-based applications such as 3-D mapping, location-based services and safety services. The mobile user experience is further enhanced by enabling consumers to enjoy simultaneous activities such as navigating, having a conversation using a Bluetooth headset, while also transmitting an MP3 file to the car radio using the FM transmit capability. (For more information, visit http://www.ti.com/ctianews.)

    To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/texasinstruments/32457/

    Connectivity technologies on the rise

    Market trend reports and forecasts predict strong and growing demand for GPS, Bluetooth and FM in handsets. "We see a strong correlation between the demand for including the combination of GPS and Bluetooth functionality, with GPS attach rates reaching 30 percent and Bluetooth penetration approaching 70 percent by 2011," said Patrick Connolly, senior GPS analyst at IMS Research. "Accordingly, we believe that combo devices that integrate both technologies will play a major part in the uptake of GPS in the cellular market over the next four years -- reducing cost, size and power consumption, while also maintaining performance." Building upon TI's proven expertise in delivering combo or multiple-radio processors, NaviLink 6.0 is the third generation of the company's highly integrated single-chip GPS devices. This new solution leverages TI's Bluetooth and FM cores, which are already embedded in the company's BlueLink(TM) 7.0 Bluetooth, and WiLink(TM) 6.0 mobile WiFi devices. NaviLink 6.0 reduces board space by up to 40 percent, enabling the smallest possible phones and reduces power consumption by up to 50 percent over previous TI solutions.

    "NaviLink 6.0 enables TI's customers to further enhance the mobile user experience by bringing popular GPS functionality and mobile connectivity to broader market segments," said Remi El-Ouazzane, vice president of TI's Wireless Terminals Business Unit. "With TI's unparalleled ability to effectively and efficiently combine multiple radios on a single die, the NaviLink 6.0 solution delivers an enhanced user experience in an affordable package to meet our customers' requirements."

    Solving customers' challenges with coexistence and fast TTFF

    The NaviLink 6.0 solution also addresses the complex coexistence challenge. TI's hardware implementation and software algorithms are optimized to ensure seamless coexistence between GPS, Bluetooth, FM, WLAN and cellular functions. As more connectivity technologies are integrated into cell phones, the more challenging it becomes to ensure minimal interference between the various radios in these complex mobile phone systems.

    Another important customer concern is the time it takes the GPS system to identify the starting position -- called "time to first fix" (TTFF) and the accuracy of that position. The NaviLink 6.0 solution includes enhanced patent pending algorithms to dramatically reduce the TTFF by up to 80 percent over previous TI solutions. Integrated "position optimizer" software also includes support for navigation sensors, delivering superior accuracy in weak satellite signal areas, such as urban centers and heavily wooded areas.

    Availability

    Handsets with NaviLink 6.0 are expected to be on the market by the second half of 2009.

    Texas Instruments -- Making Wireless

    TI creates innovative wireless semiconductors, delivering the heart of today's wireless technology and building solutions for tomorrow. TI provides a breadth of silicon and software and 18 years of wireless systems expertise that spans handsets and base stations for all communications standards, wireless LAN, Bluetooth and GPS. TI offers custom to turn-key solutions, including complete chipsets and reference designs, OMAP(TM) application processors, as well as core digital signal processor and analog technologies built on advanced semiconductor processes. Please visit http://www.ti.com/wirelesspressroom for additional information.

    About Texas Instruments:

    Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 25 countries. For more information, go to http://www.ti.com/.

    Trademarks

    BlueLink, DRP, NaviLink, OMAP and WiLink are trademarks of Texas Instruments. Bluetooth is a registered trademark of the Bluetooth SIG. All other trademarks and registered trademarks belong to their respective owners.

    Photo: http://www.newscom.com/cgi-bin/prnh/20010105/NEF016LOGO Video: http://www.prnewswire.com/mnr/texasinstruments/32457 Texas Instruments

    CONTACT: Kristin Lucido of Texas Instruments, +1-214-567-3233,
    klucido@ti.com; or Stephanie Stewart for Texas Instruments, +1-972-341-2599,
    sstewart@golinharris.com

    Web site: http://www.ti.com/
    http://www.ti.com/wirelesspressroom
    http://www.ti.com/ctianews




    Video: Texas Instruments Extends OMAP(TM) Portfolio With Multimedia Coprocessor That Boosts Mobile Imaging and Video PerformanceOMAP(TM)-DM coprocessors enable eight mega pixel still images and DVD-quality video capabilities in mobile phones

    DALLAS, March 31 /PRNewswire/ -- A news-breaking event, a baby's first steps, a winning goal in the final seconds of a game are all milestones that occur in the blink of an eye and shape peoples' lives. In order to capture these important events spontaneously when they occur, consumers demand an ever-present device that delivers the vividness and accuracy they've come to expect from standalone cameras, and mobile phones are increasingly the answer. To address this demand, Texas Instruments Incorporated (TI) has expanded its OMAP(TM) processor portfolio to include a line of coprocessors that boost the multimedia and imaging performance of mobile phones. The newest device in this family is the OMAP-DM510 coprocessor which improves the user experience of advanced handset capabilities with support for up to eight mega pixel still images and DVD-quality video capabilities. (For more information, visit http://www.ti.com/ctianews.)

    To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/texasinstruments/32456/

    The convenience and "always-with-you" aspect of the mobile handset is driving demand for imaging features and functionality similar to stand-alone digital still cameras, including high resolution (five mega pixel and above), automatic focus, flash, increased shot-to-shot performance and video recording capabilities. TI's OMAP-DM510 coprocessor delivers the performance necessary to take high quality images and video by using an embedded image signal processor (ISP) and video processors along with an ARM processor.

    "Image signal processing has long been a strength of TI's, as the company pioneered some of the most advanced digital still camera solutions," said Raj Talluri, general manager for TI's Cellular Media Systems Solution business. "The OMAP-DM510 coprocessor, alongside the other OMAP-DM products available today, extends this legacy to deliver camera phones with a digital still camera quality experience to both the mid-tier and high-end mobile handset markets."

    Flexible solutions for a variety of market needs

    The OMAP-DM coprocessors are highly flexible, scalable family of products and for handset manufacturers who want to address the mid-tier market, the OMAP-DM platform can easily be paired with a baseband modem to deliver imaging functionality when an applications processor is not required. For high-end mobile phones, the OMAP-DM coprocessors can also extend the capabilities of stand alone applications processors, such as an OMAP processor, improving the overall imaging and video performance of a handset by offloading the imaging and video functions from the existing applications processor.

    High performance solution optimizes imaging for unique needs of mobile phones

    In addition to supporting up to eight mega pixel still images, the OMAP-DM510 delivers extremely fast shot-to-shot performance, as well as three frames per second of burst mode performance. Along with advanced imaging capabilities, the OMAP-DM product line also offers high quality video, supporting up to DVD quality video at 30 frames per second for various video standards, including MPEG4 and H.264.

    A high-quality camera phone experience is not only about solution performance, but about quality picture capture, which is more challenging given the limited dimensions of the mobile phone's form factor. This increases the need for image correction and enhancement, so technologies such as sensor and lens compensation, sharpening, red eye reduction and image stabilization become more important. Leveraging third party software from members of TI's OMAP Developer Network, handset manufacturers have access to even more enhancement features, including color compensation, blink detection, face detection and smile detection. The ability to integrate such options with the OMAP and OMAP-DM processors allows manufacturers to deliver advancements in the mobile user experience and further differentiate their devices in an increasingly competitive marketplace.

    Demonstrations and availability

    The OMAP-DM510 solution is sampling today with handsets expected to be on the market by early 2009. To learn more about TI's OMAP-DM product line as well as experience its capabilities, stop by TI's CTIA booth in Hall 4, booth 1048 or visit http://www.ti.com/wirelesspressroom.

    Texas Instruments -- Making Wireless

    TI creates innovative wireless semiconductors, delivering the heart of today's wireless technology and building solutions for tomorrow. TI provides a breadth of silicon and software and 18 years of wireless systems expertise that spans handsets and base stations for all communications standards, wireless LAN, Bluetooth and GPS. TI offers custom to turn-key solutions, including complete chipsets and reference designs, OMAP(TM) application processors, as well as core digital signal processor and analog technologies built on advanced semiconductor processes. Please visit http://www.ti.com/wirelesspressroom for additional information.

    About Texas Instruments

    Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 25 countries. For more information, go to http://www.ti.com/.

    Trademarks

    OMAP and OMAP-DM are trademarks of Texas Instruments. All other registered trademarks and trademarks belong to their respective owners.

    Photo: http://www.newscom.com/cgi-bin/prnh/20010105/NEF016LOGO Video: http://www.prnewswire.com/mnr/texasinstruments/32456 Texas Instruments Incorporated

    CONTACT: Tracy Wright, +1-214-567-4595, t-wright@ti.com, of Texas
    Instruments Incorporated; or Stephanie Stewart, +1-972-341-2599,
    sstewart@golinharris.com, for Texas Instruments Incorporated

    Web site: http://www.ti.com/
    http://www.ti.com/wirelesspressroom
    http://www.ti.com/ctianews




    Wisconsin Chief on the Wisconsin's Electronic Control Device Committee Selects Stinger Systems' S-200 for Department Deployment

    TAMPA, Fla., March 31 /PRNewswire-FirstCall/ -- Stinger Systems, Inc. (BULLETIN BOARD: STIY) , a leader in electro-stun technology today announced that the Chief Michael King of Prairie du Chien, Wisconsin has selected the Stinger S-200 projectile stun guns for deployment by his department. Chief King was on the State of Wisconsin's committee assessing ECD (Electronic Control Device) technology.

    Chief Michael King of Prairie du Chien, who also assisted authorship of Defensive and Arrest Tactics Guide, a training guide for Wisconsin Law Enforcement Officers, stated, "As a member of the state's ECD Committee I believe I have had the opportunity to extensively research the ECD marketplace. What I found most compelling about the Stinger S-200 ECD is its waveform technology. If you need say only 5,000 Scoville units in pepper spray to be effective, why would you want to purchase a pepper spray with 50,000 Scoville units? The same logic goes with ECD's. Why would I want to purchase a device that has been measured to have 75% more peak current than the Stinger product since each product is effective at immobilizing suspects?"

    Stinger Systems provides electro stun products to many of the Department of Corrections facilities in the United States as well as the US Marshals and the Federal Bureau of Prisons.

    ABOUT STINGER SYSTEMS

    Stinger Systems, Inc., a leading provider of electro-stun technologies, develops and sells a broad array of products utilizing advanced electro sparc- pulsed technology to police, corrections, and security sectors worldwide. http://www.stingersystems.com/.

    FORWARD-LOOKING STATEMENTS

    This announcement 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. The forward-looking statements are based on Stinger Systems' current intent, belief and expectations. These statements are not guarantees of future performance and are subject to certain risks and uncertainties that are difficult to predict. Actual results may differ materially from these forward-looking statements because of the risks described in Stinger Systems' filings with the Securities and Exchange Commission. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today's date. Stinger Systems undertakes no obligation to update or revise the information contained in this announcement whether as a result of new information, future events or circumstances, or otherwise.

    Stinger Systems, Inc.

    CONTACT: Robert Gruder, Chairman and President of Stinger Systems, Inc.,
    +1-866-788-6746, or info@stingersystems.com

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




    Synopsys Extends Design Compiler Topographical Technology to Predict and Alleviate Routing CongestionNew Design Compiler Graphical Cuts Design Time and Improves Schedule Predictability

    MOUNTAIN VIEW, Calif., March 31 /PRNewswire-FirstCall/ -- Synopsys, Inc. , a world leader in software and IP for semiconductor design and manufacturing, today unveiled its new Design Compiler(R) Graphical synthesis product that shortens implementation time for system-on-chip (SoC) devices by helping RTL designers avoid wire-routing congestion problems that typically occur during detailed route. Design Compiler Graphical is the industry's first synthesis solution that predicts circuit congestion "hot spots" early in the design flow, provides designers with visualization of the congested circuit regions and performs synthesis optimizations to minimize congestion in these areas. The ability to predict, visualize and alleviate routing problems prior to physical implementation substantially reduces iterations between synthesis and place-and-route, and can significantly lower project time, effort and cost.

    "Topographical technology in Design Compiler has already delivered a boost in our designers' productivity," said Shahar Even-Zur, Physical Design team leader at Dune Networks. "We expect another significant reduction in design implementation time using the new Design Compiler Graphical product after having verified that it automatically reduces routing congestion during RTL synthesis."

    Designers worldwide have achieved rapid design closure using Design Compiler topographical technology to ensure tight timing, area and power correlation with IC Compiler physical implementation results. However, even if a design meets all the performance specifications, congestion can be severe enough to make it very difficult to successfully route the design, leading to longer design cycles and more iterations between synthesis and place-and-route.

    Synopsys' new Design Compiler Graphical product circumvents these iterations, which can be especially lengthy and painstaking for very large designs. First, it provides congestion reports and visualization to assist designers in identifying congested regions in a circuit. Second, it employs optimization techniques to synthesize a design with significantly less congestion, thereby creating a better starting point for physical design. The ability to first estimate and then prevent routing congestion problems early in the design phase produces a more predictable, streamlined design flow from RTL synthesis through physical implementation that can shave weeks off project schedules.

    "Routing congestion has emerged as a key design bottleneck as semiconductor firms increasingly take advantage of smaller process geometries to squeeze more circuit functionality into SoCs," said Antun Domic, senior vice president and general manager, Synopsys Implementation Group. "In response, Synopsys has extended topographical synthesis technology in our Design Compiler product to provide benefits to our customers far beyond the advantages of highly-correlated timing, area and power. Early adopters are experiencing much shorter design cycles due to automation that predicts and alleviates congestion."

    Design Compiler Graphical is available today as an add-on to DC Ultra. About Synopsys

    Synopsys, Inc. is a world leader in electronic design automation (EDA) software for semiconductor design. The company delivers technology-leading system and semiconductor design and verification platforms, IC manufacturing and yield optimization solutions, semiconductor intellectual property and design services to the global electronics market. These solutions enable the development and production of complex integrated circuits and electronic systems. Through its comprehensive solutions, Synopsys addresses the key challenges designers and manufacturers face today, including power management, accelerated time to yield and system-to-silicon verification. Synopsys is headquartered in Mountain View, California, and has more than 60 offices located throughout North America, Europe, Japan and Asia. Visit Synopsys online at http://www.synopsys.com/.

    Synopsys and Design Compiler are registered trademarks of Synopsys, Inc. Any other trademarks mentioned in this release are the intellectual property of their respective owners.

    Editorial Contacts: Sheryl Gulizia Synopsys, Inc. 650-584-8635 sgulizia@synopsys.com Lisa Gillette-Martin MCA, Inc. 650-968-8900 ext. 115 lgmartin@mcapr.com

    Synopsys, Inc.

    CONTACT: Sheryl Gulizia of Synopsys, Inc., +1-650-584-8635,
    sgulizia@synopsys.com; or Lisa Gillette-Martin of MCA, Inc., +1-650-968-8900,
    ext. 115, lgmartin@mcapr.com, for Synopsys, Inc.

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




    Limelight Networks Introduces Live Event Services

    TEMPE, Ariz., March 31 /PRNewswire-FirstCall/ -- Limelight Networks, Inc today introduced Limelight Live Event, a complete suite of professional services and advanced technology solutions that enables content producers to broadcast live events to a global online audience. This end-to- end turnkey solution builds on the company's seven-year expertise in large online events, and its growing services organization and partner ecosystem. The company also announced that Harpo Productions, Inc, WhiteBlox, and Microsoft, Inc are broadcasting live events using the Live Event Services solution.

    "Over the past 7 years, Limelight Networks has delivered some of the Internet's largest live online events. To make it easier for producers of all sizes to 'go live', we've now packaged that expertise into a turnkey solution that makes it easy to deploy a large-scale online event. Now, customers can produce ground-breaking events, knowing that our solution will ensure a brilliant user experience," said David Hatfield, senior vice president, products, marketing, and sales, Limelight Networks, Inc.

    Limelight Live Event Services ensures that all components of a live broadcast come together at exactly the right time -- reducing the stress and the risk of producing a successful event. A team of experts will work alongside a content owner on critical items such as content distribution strategies, pre-event testing, content origin infrastructure, live event execution, real-time monitoring and best practices spanning format selection and associated media players.

    Oprah.com is using Limelight Live Event Services as a critical technology component for its "A New Earth" ten-week webinar series (in support of her latest Book Club selection) -- in which Harpo Productions, Inc. has broken new ground in live online events by creating an interactive, two-way forum for Oprah Winfrey, Eckhart Tolle, and a weekly international web audience in the hundreds of thousands to connect and collaborate.

    WhiteBlox is using Limelight Live Event Services to create a unique experience for online viewers of Indy Racing League and other sporting events. The webcast provides fans with multiple camera angles, real-time data from the cars, as well as interactive components.

    "WhiteBlox provides live interactive broadcasting solutions for content providers with global audiences," said WhiteBlox CEO, Greg Demetriades. "Our customers, including Indy Racing League, use a variety of video formats, all of which we support in order to ensure the best possible viewing experiences for end-users. Limelight Live Event Services helps enable our vision of offering the greatest range of customizable solutions."

    Additional components of the Limelight Networks Live Event Services include:

    -- Best practice advice on event set-up, marketing, and execution -- Detailed planning and coordination, from the kick-off meeting to post- event review -- Access to professional signal transmission services around the globe -- Pre-configuration of network assets to ensure massive scalability for even the largest web events -- Encoding and transcoding content to address requirements for multiple delivery formats -- Onsite engineering resources to test and support your solution -- Centralized event monitoring and dedicated on-line support -- Best-of-breed partner ecosystem that enables advanced capabilities across the entire video delivery value chain

    Limelight Live Event Services are available immediately. For more information, visit http://www.limelightnetworks.com/

    About Limelight Networks, Inc.

    Limelight Networks, Inc. is a content delivery partner enabling the next wave of Internet business and entertainment. More than 1300 Internet, entertainment, software, and technology brands trust our robust, scalable platform to monetize their digital assets by delivering a brilliant online experience to their global audience. Our architecture bypasses the busy public Internet using a dedicated optical network that interconnects thousands of servers and delivers massive files at the speed of light -- directly to the access networks that consumers use every day. Our proven network and passion for service assures our customers that every object in their library will be instantly delivered to every user, every time. For more information, visit http://www.limelightnetworks.com/.

    Limelight Networks, Inc

    CONTACT: Paul Alfieri of Limelight Networks, Inc.
    +1-917-297-4241, palfieri@llnw.com

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




    Rogers Cable in Canada Joins Rentrak to Supply Content Providers in North America Performance Data for Its Video On Demand Service

    PORTLAND, Ore., March 31 /PRNewswire-FirstCall/ -- Rentrak Corporation today announced it has increased its North American VOD household footprint with the addition of Rogers Cable Communications Inc. (Rogers Cable), Canada's largest cable TV provider. The deal with Rogers Cable provides Rentrak's existing US-based content provider customers with performance data from Canadian operators. The agreement also opens the door to Canadian content provider prospects that do not have distribution in the United States.

    Rogers Cable, a wholly-owned subsidiary of Rogers Communications Inc. (TSX: RCI; NYSE: RCI) a diversified Canadian communications and media company, offers an extensive line up of digital and high definition programming, timeshifting and On Demand services including Video on Demand, Subscription VOD and Personal Video Recorders. Rogers Cable also provides customers with high-speed Internet access and cable telephony services.

    "Rogers Cable is a pioneer in the communications business and Rentrak is pleased to include the company among our esteemed existing partners as we expand our measurement reach throughout North America," said Carol Hinnant, Vice President of Business Development for the OnDemand Essentials Suite of Services. "Our commitment to precise, timely and customizable census-level data is what keeps our business growing as the on demand platform continues to evolve."

    "Data analytics are critical to making advertising-supported VOD a reality in Canada," said David Purdy, Vice President of Video Product Management for Rogers Cable. "Rentrak will help enable Canadian broadcasters to build out their business models in order to offer ad-supported, prime-time, main-network, episodic programming on VOD to our customers."

    Rentrak is the leading source for census level viewership performance information for the on demand platform and processes daily, on demand data representing 45 million set-top boxes from 23 MSOs with their extensive data being used by more than 90 networks and studios every day to meet their measurement needs.

    About OnDemand Essentials(R)

    OnDemand Essentials, a service of Rentrak's Advanced Media & Information Division, provides operators, content providers (including broadcast/cable networks, studios) and advertisers with a transactional tracking and reporting system to view and analyze on-demand content. The product is an extension of Rentrak's Essentials suite of business intelligence products customized for the entertainment industry. OnDemand Essentials clients have password protected, near-real-time, Web browser-based 24/7 access to on demand consumer usage data at various access levels based on business and privacy rules. A sophisticated toolset aggregates and reports data across multiple vendors in one easy to use report system. Clients using the OnDemand Essentials system are able to instantly analyze and interpret their own business data to identify trends, program and promote more effectively, as well as track their performance against the broader business sector in which they operate.

    About Rentrak Corporation

    Rentrak Corporation, based in Portland, Oregon, is an information management company serving clients in the media, entertainment, retail, advertising and manufacturing industries. The company's Entertainment Essentials(TM) suite of services is redefining media measurement in the digital broadband era. Entertainment Essentials provides customers with near-real-time, actionable insight into performance of content distributed over a wide variety of modern media technologies. Available by license or subscription, each Entertainment Essentials application allows executives to analyze detailed industry-wide and title-specific data to make decisions that enhance the bottom line and provide competitive advantage. For further information, please visit Rentrak's corporate Web site at http://www.rentrak.com/.

    Contacts: Sallie Olmsted/Amanda Bartz Rentrak Corporation 310/854-8124/8151

    Rentrak Corporation

    CONTACT: Sallie Olmsted, +1-310-854-8124, or Amanda Bartz,
    +1-310-854-8151, both of Rentrak Corporation

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




    WD(R) Sets April 24 for Third Quarter Fiscal 2008 Financial Results Conference Call and Webcast

    LAKE FOREST, Calif., Mar. 31 /PRNewswire-FirstCall/ -- Western Digital Corp. today announced that the company will release its financial results for the third fiscal quarter ended March 28, 2008, after the close of market on the NYSE on Thursday, April 24, 2008. The investment community conference call to discuss these results and the company's outlook will be broadcast live over the Internet that day at 2 p.m. PDT/5 p.m. EDT. The call will be accessible live and on an archived basis via the link below:

    Audio Webcast: http://www.westerndigital.com/investor Click on "Conference Calls" Telephone Replay: 800-294-3089 (toll-free) +1-402-220-9768 (international) About WD

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

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

    Western Digital, WD, and the WD logo are registered trademarks of Western Digital Technologies, Inc. in the U.S. and other countries.

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

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

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

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




    Curtiss-Wright Awarded Order for TVA Watts Bar Nuclear Power PlantTo Provide Four New Generation II Reactor Coolant Pumps and Pump Seals for Completion of Unit 2

    ROSELAND, N.J., March 31 /PRNewswire-FirstCall/ -- Curtiss-Wright Corporation announced today that it has received orders from Westinghouse Electric Company, LLC to provide four generation II reactor coolant pumps and pump seals supporting the completion of Unit 2 of the Tennessee Valley Authority (TVA), Watts Bar nuclear power plant as well as long lead materials for drive rods for Units 1 and 2. Curtiss-Wright's Electro-Mechanical Corporation (CW-EMD), part of its Flow Control segment, will engineer and manufacture the pumps, seals and drive rods at its Cheswick, PA facility.

    "We are very pleased to be a part of this major project, which is a strong signal that nuclear power will be a major player in meeting the growing demand for nuclear power in the U.S.," said Curtiss-Wright Chairman and CEO Martin R. Benante. "With electricity demand on the rise, the value of nuclear power technology as the most efficient and environmentally friendly source of energy available today is clearly being reassessed. With our broad range of core competencies in engineering, analysis, manufacturing and testing, we are well positioned to take advantage of additional opportunities for construction projects in the U.S."

    Unit 1 has been operating for over 10 years. Watts Bar Unit 2 is approximately 60 percent complete. In August 2007, TVA's board of directors approved a five-year, $2.5 billion plan to finish the unfinished unit.

    The plan to complete Watts Bar Unit 2 is expected to last 54 months, with the reactor scheduled to enter commercial operation in early 2012. It would be the 105th nuclear power reactor in the United States. Westinghouse was the original supplier of the two Watts Bar reactors and CW-EMD was the original supplier of the reactor cooling pumps.

    About Curtiss-Wright

    Curtiss-Wright Corporation is a diversified company headquartered in Roseland, N.J. The company designs, manufactures and overhauls products for motion control and flow control applications, and provides a variety of metal treatment services. The firm employs approximately 7,600 people worldwide. More information on Curtiss-Wright can be found at http://www.curtisswright.com/ .

    About Curtiss-Wright Flow Control Corp.

    Curtiss-Wright Flow Control specializes in the design and manufacture of highly engineered valves, pumps, motors, generators, electronics and related products for the commercial nuclear power industry, oil and gas processing facilities, and a range of critical military programs. CWFC's innovative, high-performance products play an integral role in our nation's defense, and in the safe, efficient operation of power plants and other industrial sites worldwide. Based in Falls Church, VA, the company has 3,000 employees worldwide and is the Flow Control operating segment of Curtiss-Wright Corp. For more information, visit http://www.cwfc.com/ .

    This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs and assumptions, current expectations, estimates and projections with regards to the value of these commercial nuclear orders with an existing customer; the continued rising demand for electricity; the position of the Company in a growing commercial nuclear power market, and the expectation of future nuclear construction projects in the United States. Such statements, including statements relating to Curtiss-Wright Corporation's expectations for future value of the contracts, performance and opportunities, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in US and Chinese government spending; a change in political relations between the Chinese and US governments, an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities and Exchange Act of 1934, as amended, for further information.

    Curtiss-Wright Corporation

    CONTACT: Alexandra M. Deignan of Curtiss-Wright Corporation,
    +1-973-597-4734

    Web site: http://www.curtisswright.com/
    http://www.cwfc.com/




    SXC Health Solutions Corp. Commences Exchange Offer For Shares Of National Medical Health Card Systems, Inc.NMHC's Board Has Unanimously Recommended That NMHC's Stockholders Accept SXC's Offer

    LISLE, IL and PORT WASHINGTON, NY, March 31 /PRNewswire-FirstCall/ -- SXC Health Solutions Corp. ("SXC") (Nasdaq: SXCI; TSX: SXC) and National Medical Health Card Systems, Inc. ("NMHC") jointly announced today that, pursuant to their previously announced merger agreement, SXC is commencing today an exchange offer for all of the outstanding shares of NMHC common stock. Subject to the terms and conditions of the offer, NMHC stockholders will receive (i) 0.217 of a common share of SXC and (ii) $7.70 in cash for each share of NMHC common stock tendered. The exchange offer, if consummated, will be followed by a merger for the same consideration to NMHC stockholders as offered in the exchange offer.

    The exchange offer is scheduled to expire at 10 a.m., New York City time, on Tuesday, April 29, 2008, unless the offer is extended subject to applicable law and the terms of the merger agreement. The terms and conditions of the offer are described in the offer documents to be mailed to NMHC stockholders and filed with the U.S. Securities and Exchange Commission (the "SEC"). Consummation of the transaction is subject to the condition that there be validly tendered, and not withdrawn, at least 9,600,000 shares of NMHC common stock, receipt of certain regulatory approvals and certain other conditions and termination provisions.

    The Board of Directors of NMHC has unanimously recommended that NMHC stockholders tender their shares of NMHC common stock in the offer. A more detailed description of this recommendation can be found in the Solicitation/Recommendation Statement on Schedule 14D-9 that NMHC is filing with the SEC today, March 31, 2008.

    Concurrently with the execution of the merger agreement, SXC entered into stockholder agreements with NMHC and each of New Mountain Partners, L.P. and New Mountain Affiliated Investors, L.P. (collectively, "New Mountain"). In connection with the stockholder agreements, New Mountain agreed to tender all of its shares of NMHC stock within five business days of the commencement of the exchange offer. As of March 31, 2008, New Mountain owned 6,956,522 shares of NMHC convertible preferred stock, which represents approximately 54% of the issued and outstanding shares of NMHC common stock (on a converted basis).

    NMHC stockholders are urged to read carefully the offer documents and NMHC's Solicitation/Recommendation Statement. Copies of these documents may be obtained at no charge from the website maintained by the SEC at http://www.sec.gov/. Copies of the offer documents may also be obtained at no charge from Kingsdale Shareholder Services, Inc., the Information Agent for the offer, toll-free at 1-866-851-3215.

    About SXC ---------

    SXC is a leading provider of pharmacy benefits management ("PBM") services and healthcare IT solutions to the healthcare benefits management industry. SXC's product offerings and solutions combine a wide range of software applications, application service provider (ASP) processing services and professional services, designed for many of the largest organizations in the pharmaceutical supply chain, such as federal, provincial, and state and local governments, pharmacy benefit managers, managed care organizations, retail pharmacy chains and other healthcare intermediaries. SXC is based in Lisle, Illinois with locations in: Scottsdale, Arizona; Warminster, Pennsylvania; Alpharetta, Georgia; Milton, Ontario; and Victoria, British Columbia. For more information please visit http://www.sxc.com/.

    About NMHC ----------

    NMHC provides PBM services in the United States. Its PBM services include electronic point-of-sale pharmacy claims management, retail pharmacy network management, mail service pharmacy claims management, specialty pharmacy claims management, Medicare Part D services, benefit design consultation, preferred drug management programs, drug review and analysis, consulting services, data access, and reporting and information analysis. It also owns and operates a mail service pharmacy and a specialty pharmacy. NMHC markets its services through direct sales force, brokers, and consultants. It serves managed care organizations, local governments, unions, corporations, health maintenance organizations, employers, workers' compensation plans, third party health care plan administrators, and federal and state government programs through its network of licensed pharmacies. NMHC was founded in 1981 and is headquartered in Port Washington, New York.

    Additional Information ----------------------

    A registration statement relating to the SXC common shares being offered is being filed today with the SEC but has not yet become effective. Such securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. SXC is also filing today with the SEC a Schedule TO with respect to the exchange offer. NMHC is also filing today with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the exchange offer. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offer may only be made pursuant to the Prospectus and the accompanying Letter of Transmittal, which are included in the offer materials. SXC and NMHC are mailing today the Prospectus and related exchange offer materials, as well as the Schedule 14D-9, to NMHC stockholders. NMHC STOCKHOLDERS ARE URGED TO CAREFULLY READ THESE DOCUMENTS AND THE OTHER DOCUMENTS RELATING TO THE EXCHANGE OFFER BECAUSE THESE DOCUMENTS CONTAIN IMPORTANT INFORMATION RELATING TO THE OFFER. You may obtain a free copy of these documents, and other annual, quarterly and special reports, proxy statements and other information filed with the SEC by SXC or NMHC, at the SEC's website at http://www.sec.gov/. A free copy of the exchange offer materials may also be obtained from SXC, NMHC or Kingsdale Shareholder Services, Inc., the Information Agent for the exchange offer, toll-free at 1-866-851-3215.

    Forward-looking Statements

    This communication contains forward-looking statements. Forward-looking statements may be identified by words such as "believes", "expects", "anticipates", "estimates", "projects", "intends", "should", "seeks", "future", "continue", or the negative of such terms, or other comparable terminology. Forward-looking statements are subject to risks, uncertainties, assumptions and other factors that are difficult to predict and that could cause actual results to vary materially from those expressed in or indicated by them. Factors that could cause actual results to differ materially include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; (2) the outcome of any legal proceedings that have been or may be instituted against NMHC or SXC and others following announcement of the merger agreement; (3) the inability to complete the offer or the merger due to the failure to satisfy the conditions to the offer and the merger, including SXC's receipt of financing, the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the receipt of other required regulatory approvals; (4) risks that the proposed transaction disrupts current plans and operations and potential difficulties in employee retention as a result of the offer or the merger; (5) the ability to recognize the benefits of the merger; (6) the actual terms of the financing obtained in connection with the offer and the merger; (7) legislative, regulatory and economic developments; and (8) other factors described in filings with the SEC. Many of the factors that will determine the outcome of the subject matter of this communication are beyond NMHC's and SXC's ability to control or predict. The companies can give no assurance that any of the transactions related to the offer will be completed or that the conditions to the offer and the merger will be satisfied. The companies undertake no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. The companies are not responsible for updating the information contained in this communication beyond the published date, or for changes made to this communication by wire services or Internet service providers.

    SXC Health Solutions, Inc.

    CONTACT: Jeff Park, Chief Financial Officer, SXC Health Solutions Corp.,
    (630) 577-3206, investors@sxc.com; Dave Mason, SXC Investor Relations - CDN,
    The Equicom Group Inc., (416) 815-0700 ext. 237, dmason@equicomgroup.com;
    Susan Noonan, SXC Investor Relations - U.S., The SAN Group, LLC, (212)
    966-3650, susan@sanoonan.com; Stuart Diamond, Chief Financial Officer, NMHC,
    (516) 605-6640, sdiamond@nmhc.com




    Hifn to Showcase Secure iSCSI Appliances at FOSE 08

    LOS GATOS, Calif., March 31 /PRNewswire-FirstCall/ -- Hifn(TM) , the catalyst behind storage and networking innovation, will showcase its Swarm(TM) secure iSCSI SAN appliances at FOSE 2008 Conference and Exhibition, April 1-3 at the Walter E. Washington Convention Center in Washington, D.C., Booth #1517N.

    Hifn's Swarm appliances are the only iSCSI storage appliances available with integrated AES256 hardware data encryption, providing a simple-to-deploy and easy-to-use, out-of-the-box regulatory compliance solution for government installations facing the complexity of protecting people's data and mandates governing the retention of information. In addition, Hifn's Swarm 3000 model was the world's first iSCSI storage appliance to feature RAID level 6, adding an extra layer of protection against potential data loss during the longer array rebuild times associated with high-capacity SATA drives.

    Hifn's IP SAN storage system allows government users to leverage their existing Gigabit Ethernet infrastructure and IP knowledge base to deploy a secure IP Storage Area Network with the associated cost benefits of storage consolidation and centralized management without the complexity penalties of typical Fibre Channel SANs. Hifn has simplified the management of network storage by including a complete set of storage services with every Swarm iSCSI appliance, including data encryption, storage consolidation, snapshots, remote replication, central management, automatic backup, and support for both iSCSI and NAS (block and file storage) in the same appliance. Those storage services are typically extra-cost add-ons with other storage appliances, making the Swarm Series the most secure and best value in iSCSI storage for government users.

    Hifn's Swarm secure iSCSI appliances are available on the GSA schedule through Promark Technology.

    About Hifn

    Hifn delivers the key channel and OEM ingredients for 21st century storage and networking environments. Leveraging over a decade of leadership and expertise in the development of purpose-built Applied Service Processors (ASPs), we are a trusted partner to industry leaders for whom infrastructure innovation in storage and networking is critical to success. With the majority of secure networked communications flowing through Hifn technology, the 21st century convergence of storage and networking drives our product roadmap forward. For more information, please visit: http://www.hifn.com/.

    "Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Specifically, statements regarding the Company's future financial performance including, without limitation, statements related simple to use, easy to deploy, out of the box regulatory appliance and allowing government users associated cost benefits of storage consolidation and centralized management are all forward-looking statements within the meaning of the Safe Harbor that may cause actual results to differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially from those described herein include, but are not limited to: dependency on a small number of customers; customer demand and customer ordering patterns; and orders from Hifn's customers may be below the company's current expectations. These and other risks are detailed from time to time in Hifn's filings with the Securities and Exchange Commission. Hifn expressly disclaims any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070723/CLM036LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Hifn

    CONTACT: Hifn, Inc., Corporate Communications, +1-408-399-3520,
    press@hifn.com, or Agency: Judy Smith of JPR Communications, +1-818-386-0403,
    judys@jprcom.com, for Hifn

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




    Mindray's Laptop-size M5 and BS-200 Receive FDA Clearance

    Company Announces Update on Product Approval Pipeline

    SHENZHEN, China, March 31 /Xinhua-PRNewswire/ -- Mindray Medical International Limited today announced it has received 510(k) clearance from the United States Food and Drug Administration ("FDA") for its portable M5 ultrasound imaging system and BS-200 automatic bio-chemistry analyzer. Mindray has to date received FDA 510(k) clearance for a total of 14 products, covering patient monitoring and life support products, in-vitro diagnostic products and medical imaging systems.

    The company also announced it has received approval from the Chinese State Food and Drug Administration ("SFDA") for the M5 and its DC-3 color ultrasound imaging system and provided an update on its product approval pipeline.

    "Our growing portfolio of FDA-approved medical devices reflects our commitment to achieving the highest standards in quality and performance and is part of our long-term strategy to compete in the most sophisticated markets in the world," said Mr. Xu Hang, Mindray's chairman and co-chief executive officer. "Our unique, China-based model leverages world-class R&D that tailors products by functionality and pricing needs for more than 140 countries worldwide. With our established direct sales and service network in the United States and Europe expanded by our recent acquisition, I'm optimistic about our ability to deepen Mindray brand awareness and continue to gain market share."

    Latest product launches and approvals

    In the first quarter of 2008, Mindray's portable M5 ultrasound imaging system received both FDA and SFDA approval and has been launched in both domestic and international markets. The M5 is the company's first laptop-size ultrasound imaging device, weighing only six kilograms and combining brilliant color imaging with uncompromised 2D performance. Hand Carried Ultrasound ("HCU") is one of the fastest growing ultrasound segments in the United States and in international markets. The M5 is ideally suited for doctors' offices, clinics and surgery centers that traditionally forego ultrasound imaging equipment due to space and applicable technology constraints.

    The company's BS-200 automatic bio-chemistry analyzer also received FDA clearance in the first quarter of 2008 and is available in domestic and international markets. The BS-200 is an automatic low-throughput bio-chemistry analyzer designed to replace semi-automatic bio-chemistry analyzers. It is targeted for hospitals and clinics in rural China as well as small hospitals and labs in international markets. It also serves as a backup machine for large hospitals and labs.

    The DC-3 color ultrasound imaging system, designed to have wide applications in abdominal, OB/GYN, endovaginal, cardiac, small parts and pediatric markets, received SFDA approval in the first quarter of 2008. The product is ideally suited for hospitals and clinics seeking to replace black and white ultrasound imaging systems.

    New approval pipeline

    During the fourth quarter of 2007, the company submitted applications for FDA approval for three of its BeneView series products, including the T5, T6 and T8 multi-parameter patient monitoring devices.

    The company expects to receive SFDA approval for its EX55 and EX65 compact anesthesia machines in the second quarter of 2008.

    About Mindray

    Mindray Medical International Limited is a leading developer, manufacturer and marketer of medical devices in China with a significant and growing presence worldwide. Established in 1991, Mindray offers a broad range of products across three primary business segments: patient monitoring & life support products, in-vitro diagnostic products, and medical imaging systems. Mindray is headquartered in Shenzhen, China, and has 29 local sales and service offices in China, as well as sales and service offices in Amsterdam, Istanbul, London, Mexico City, Moscow, Mumbai, Sao Paulo, Seattle, Toronto and Vancouver. For more information, please visit http://www.mindray.com/ .

    Safe Harbor Statement

    This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about new product releases and regulatory approvals are forward- looking statements. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors. Forward-looking statements involve inherent risks and uncertainties. Information regarding these risks and uncertainties is included in our public documents filed with the Securities and Exchange Commission. For a discussion of some of the risks and important factors that could affect Mindray's actual results and financial condition, see "Risk Factors" in Part I, Item 3D of Mindray's Annual Report on Form 20-F for the fiscal year ended December 31, 2006 and "Operating and Financial Review and Prospects" in Part I, Item 5 of Mindray's Annual Report on Form 20-F for the fiscal year ended December 31, 2006. Mindray does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release is as of March 31, 2008, and Mindray undertakes no duty to update such information, except as required under applicable law.

    For investor inquiries please contact: In China: Susan Du Mindray Medical International Limited Tel: +86-755-2658-2518 Email: Susan.Du@Mindray.com Justin Knapp Ogilvy Public Relations Worldwide, Beijing Tel: +86-10-8520-6556 Email: Justin.Knapp@Ogilvy.com In the United States: Jeremy Bridgman Ogilvy Public Relations Worldwide, New York Tel: +1-212-880-5363

    Mindray Medical International Limited

    CONTACT: In China: Susan Du of Mindray Medical International Limited,
    +86-755-2658-2518, or Susan.Du@Mindray.com; Or Justin Knapp of Ogilvy Public
    Relations Worldwide, Beijing, +86-10-8520-6556, or Justin.Knapp@Ogilvy.com; Or
    In the United States: Jeremy Bridgman of Ogilvy Public Relations Worldwide,
    New York, +1-212-880-5363




    Verizon Wireless and LG Introduce the Slim enV(2)(TM) by LGSuccessor to the Popular enV by LG, the Slim, Stylish enV(2) Comes in Two Hot New Colors Along with Larger External Keys and Internal Display

    LAS VEGAS, BASKING RIDGE, N.J., and SAN DIEGO, March 31 /PRNewswire/ -- Ahead of CTIA WIRELESS 2008, Verizon Wireless, owner and operator of the nation's most reliable wireless voice and data network, and LG Electronics MobileComm U.S.A., Inc. (LG Mobile Phones) today announced the enV(2)(TM) by LG will be available in April, online at http://www.verizonwireless.com/ and at more than 2,400 Verizon Wireless Communications Stores across the nation, including those at Circuit City. The successor to the popular enV by LG, the new enV(2) gets a makeover with a new slim redesign and sophisticated black or maroon finish.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20080331/NYM006-a )

    The enV(2) supports a number of features and services that customers have come to expect in wireless phones from LG and Verizon Wireless, including V CAST Music and Video, VZ Navigator(SM), Bluetooth(R) capabilities, dual speakers and a 2.0 megapixel camera. The phone's spacious QWERTY keypad with large sized external keys makes messaging easy, while its 2.4-inch internal screen offers crisp, crystal-clear videos and images.

    The enV(2) is the ideal multimedia device for music and video lovers. Verizon Wireless' V CAST Music store gives customers access to more than 2.8 million songs from both well-known and independent artists to download and blast on the phone's dual speakers. Music aficionados can enjoy the rich, full sound of their favorite tunes anywhere, anytime by simply pairing the enV(2) with a Bluetooth Stereo headset or accessory. Customers can also record and save a variety of video clips that can easily be shared with family and friends by using the video recording capabilities on the enV(2). A separately purchased external memory microSD(TM) card allows customers to store their own music or video clips on their phones and move them from their PCs to their phones.

    "We are addressing the burgeoning texting trend by spending time asking what consumers want and expect from their mobile devices," said Mr. Ehtisham Rabbani, vice president of product strategy and marketing for LG Mobile Phones. "We know the texting audience wants a mobile device that is compact enough to slide easily into pant pockets and handbags without compromising the integrity of the phone's features. The slimmed-down enV(2) offers everything consumers loved about the enV with the added benefit of a larger, more spacious internal screen with large easy-to-text keys."

    Equipped with access to VZ Navigator(SM), enV(2) is also a great companion when on-the-road. VZ Navigator uses location-based services (LBS) to provide audible turn-by-turn navigation and the ability to find more than 14 million points of interest, from ATMs and gas stations to restaurants and tourist destinations. The enV(2) by LG also offers the following features and capabilities:

    -- Mobile Web 2.0(SM)-capable -- customizable, enhanced wireless access to the latest in news, sports, weather and more -- Get It Now(R)-capable -- download games, ringtones, wallpapers and more -- Wireless Sync E-mail (BREW(R) e-mail Client) capability -- Instant Messaging using AIM(R), WL Messenger(R), and Yahoo!(R) -- 2.0 megapixel camera and camcorder: -- Self-Portrait capabilities and external LCD for self-portraits -- Camera Resolutions: 1600 x 1200 (default), 1280 x 960, 640 x 480, 320 x 240 pixels -- Image Editor -- rotate, zoom, crop -- Digital Zoom: up to 10x (zoom varies by image size; camera setting of 1600 x 1200 pixels does not support zoom function) -- Video Resolutions: 320 x 240, 176 x 144 (default) pixels -- Video Player for WMV, MP4, 3GP, 3G2 formats -- Music Player for .mp3, .wma, and unprotected .aac and .aac + files -- microSD memory port with up to 8 GB support -- store music, customer generated pictures and video (not all downloaded content may be moved to the microSD card) -- Supported Bluetooth Profiles -- compatible with devices that support headset, hands-free,(*) dial-up networking, advanced audio distribution (stereo), phone book access, basic printing, basic imaging, object push for vCard and vCalendar and file transfer -- Auto view and Text to Speech, so text messages can be heard aloud -- 1,000 address book contacts with five numbers, two e-mail addresses and a Picture ID for each entry (Picture ID is dependent on photos stored in My Pictures) -- Function Key -- customizable for 10 shortcuts -- Frequency: 1.9 GHz CDMA PCS, 800 MHz CDMA (Digital Dual-Band) -- Dimensions: 4.00" (h) x 2.13" (w) x 0.65" (d) -- Weight: 4.23 ounces -- Standard Battery: 950 mAh Li-Polymer -- Up to 320 minutes of usage time or up to 520 hours of standby time -- TTY/TDD support -- Hearing aid compatible (M3/T3-Rating)

    The enV(2) by LG will be available for $129.99 after a $50 rebate with a new two-year customer agreement. For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1- 800-2 JOIN IN or go to http://www.verizonwireless.com/.

    About Verizon Wireless

    Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 65.7 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

    About LG Electronics U.S.A., Inc.

    LG Electronics, Inc. is a global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 82,000 people working in over 110 operations including 81 subsidiaries around the world. With 2007 global sales of USD 44 billion, LG is comprised of four business units -- Mobile Communications, Digital Appliance, Digital Display and Digital Media. LG is the world's leading producer of mobile handsets, flat panel TVs, air conditioners, front-loading washing machines, optical storage products, DVD players and home theater systems. For more information, please visit http://www.lge.com/.

    About LG Electronics Mobile Communications Company

    LG Electronics Mobile Communications Company is the world's leading provider of UMTS (WCDMA), CDMA and GSM handsets, which have been designed to improve the value of customer life. With a total range of wired and wireless solutions, the company is rapidly establishing a global presence and growing its international market share in 3G handsets. For more information please visit http://www.lgusa.com/.

    (*) For Bluetooth vehicle/accessory compatibility, go to http://www.verizonwireless.com/bluetoothchart.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080331/NYM006-a
    AP Archive: http://photoarchive.ap.org/
    AP PhotoExpress Network: PRN7
    PRN Photo Desk, photodesk@prnewswire.com Verizon Wireless

    CONTACT: Brenda Boyd Raney of Verizon Wireless, +1-908-559-7518,
    Brenda.Raney@verizonwireless.com; or Demetra Kavadeles of LG Mobile Phones,
    +1-858-635-5232, dkavadeles@lge.com; or Lana Rushing of Ogilvy PR,
    +1-310-248-6183, lana.rushing@ogilvypr.com, for LG Mobile Phones

    Web site: http://www.verizonwireless.com/
    http://www.lge.com/




    Medialink Reports Fourth Quarter 2007 Results

    NEW YORK, March 31 /PRNewswire-FirstCall/ -- Medialink Worldwide Incorporated , a leading provider of diversified media services for professional communicators and marketers and, through its Teletrax(R) subsidiaries, a leading provider of digital video tracking services to content owners, today reported financial results for the fourth quarter ended December 31, 2007.

    Revenues for the three months ended December 31, 2007, of $8.9 million decreased by 4.7% from revenues of $9.3 million in the comparable 2006 period. Revenues from Teletrax(R) digital video tracking services increased $311,000 or 41.2%, but revenues from media communications services decreased $749,000 or 8.7%. Revenues from media communications services decreased due to a decline in business of $816,000 and $407,000 in the domestic and international operations, respectively. These decreases were partially offset by revenues of $369,000 associated with re-billable expenses in the Company's international operation and an increase in revenues of $105,000 resulting from a change in foreign currency exchange rates.

    For the fourth quarter ended December 31, 2007, Teletrax service revenues were $1.1 million as compared to $688,000 for the fourth quarter of 2006 and $879,000 in the third quarter of 2007, increases of 54.2% and 20.7%, respectively. Teletrax service revenues for the fourth quarter 2007 and 2006 exclude revenues from affiliated parties of $50,000 and $57,000, respectively. Teletrax incurred an operating loss of $1.1 million in the fourth quarter of 2007 as compared to an operating loss of $823,000 in the 2006 quarter. For the year ended December 31, 2007, Teletrax service revenues were $3.4 million as compared to $2.4 million in the comparable 2006 period, an increase of 43.2%. Teletrax service revenues for the full year 2007 and 2006 exclude revenues from affiliated parties of $236,000 and $252,000, respectively.

    The Company incurred an operating loss of $2.1 million in the fourth quarter of 2007 as compared to an operating loss of $1.1 million in the 2006 quarter. Exclusive of Teletrax, the Company incurred an operating loss of $1.1 million in the fourth quarter of 2007, compared to an operating loss of $255,000 in the 2006 quarter.

    For the three months ended December 31, 2007, the Company reported a net loss of $2.2 million, or $0.34 per share. For the comparable period in 2006, the Company reported a net loss of $1.3 million, or $0.22 per share. The Company had cash reserves and working capital totaling $12.7 million and $11.9 million, respectively, at December 31, 2007.

    "Revenue growth at Teletrax increased over the growth rates we experienced in the first two quarters of 2007," said Laurence Moskowitz, President and Chief Executive Officer of Medialink. "We remain proud of our marquee-name client list and the level of service we provide to our clients, but our revenue levels remain below our internal projections. We have taken steps to boost our sales force in an effort to improve the overall sales process and to develop enhanced services to offer clients and potential clients greater value. We are also pursuing all avenues to realize the value we believe this business warrants, and have undertaken a re-evaluation of the overall business plan for Teletrax, including continuing to explore tracking of video on the Internet.

    "Our media communications services business continues to confront softness in the marketplace," continued Moskowitz. "This overall climate has continued into the first quarter of 2008, and we are anticipating a decline in revenues from this business of approximately $1 million or around 15% from the first quarter of 2007. We continue our efforts to enhance and streamline our services and sales process to take better advantage of the breadth of online and broadcast communications services we offer. We have also undertaken an initiative to examine each of our service offerings in an effort to better focus on those services that deliver the most value to our clients and the Company.

    "In addition, earlier today we announced that our board of directors has approved a program to buy back up to 150,000 shares of our common stock under specified conditions," concluded Moskowitz.

    For the year ended December 31, 2007, revenues increased by $1.7 million, or 5.3%, to $33.4 million as compared to the comparable 2006 period. Revenues from Teletrax services increased $1.0 million, or 38.5%, and revenues from media communications services increased $735,000, or 2.5%. Revenues from media communications services in 2007 included $631,000 recognized under a minimum commitment arrangement entered into in connection with the sale of U.S. Newswire for which no services were provided.

    The Company incurred an operating loss of $9.1 million in 2007, compared to an operating loss of $8.7 million in 2006. Exclusive of Teletrax, the Company incurred an operating loss of $5.1 million in 2007, compared to an operating loss of $5.3 million in 2006. The operating losses in the 2007 and 2006 periods include $178,000 and $1.2 million, respectively, for transaction- specific compensation paid in connection with the sale of U.S. Newswire.

    For the year ended December 31, 2007, the Company reported a net loss of $4.6 million, or $0.72 per share, consisting of a loss from continuing operations of $7.2 million, or $1.13 per share, and income from discontinued operations of $2.6 million, or $0.41 per share, relating to additional gain recognized on the sale of U.S. Newswire. For the year ended December 31, 2006, the Company reported a net loss of $946,000, or $0.15 per share, consisting of a loss from continuing operations of $6.3 million, or $1.03 per share, and income from discontinued operations of $5.4 million, or $0.88 per share, relating to the gain on sale and results of operations of U.S. Newswire.

    Medialink will host a teleconference with a simultaneous webcast at 11:00 a.m. Eastern Time today to discuss the Company's quarterly results and the overall industry outlook. Participating on the teleconference will be Laurence Moskowitz, Chairman, President and Chief Executive Officer, and Kenneth G. Torosian, Chief Financial Officer. To access the teleconference, please dial 1-866-271-0675 (domestic) or 1-617-213-8892 (international) and use "30748474" as the passcode, approximately 10 minutes prior to the start time. The conference call will be webcast live by Thomson Financial and can be accessed on Medialink's website at http://www.medialink.com/ by clicking on the "Investor Relations" link at the bottom of the page. The webcast is also being distributed through the Thomson StreetEvents Network via http://www.earnings.com/ (for individual investors) and http://www.streetevents.com/ (for institutional investors). To listen to the webcast, please go to any of these websites about 10 minutes prior to the start of the call to register, download, and install any necessary audio software.

    For those unable to listen to the live broadcast, a replay will be available on the Company's Web site or by dialing 1-888-286-8010 (domestic) or 1-617-801-6888 (international), with playback access code "66452014", starting approximately two hours after the conclusion of the call and available until April 28, 2008.

    About Medialink:

    Medialink is a global leader in providing unique news and marketing media strategies and solutions that enable corporations and organizations to inform and educate their target audiences with maximum impact on television, radio, print, and the Internet. The Company offers creative services and multimedia distribution programs including video and audio news and short-form programming. Through its majority-owned subsidiaries, Medialink also provides Teletrax, a global television tracking and media asset management service to help clients evaluate return on investment from their programming and advertising efforts. Teletrax is 76%-owned by Medialink and 24%-owned by Royal Philips Electronics. Based in New York, Medialink has offices in major cities throughout the United States and an international hub in London. For additional investor and financial information, please visit the Investor Relations section of the Company's Web site (http://www.medialink.com/).

    With the exception of the historical information contained in the release, the matters described herein contain certain "forward-looking statements" that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Actual results may vary materially from those expressed or implied by the statements herein. Such statements may relate, among other things, to our ability to respond to economic changes and improve operational efficiency, the benefits of our products to be realized by our customers, or our plans, objectives, and expected financial and operating results. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances or using words such as: will, believe, anticipate, expect, could, may, estimate, project, plan, predict, intend or similar expressions that involve risk or uncertainty. These risks and uncertainties include, among other things, our recent history of losses; our ability to achieve or maintain profitability; potential regulatory action; worldwide economic weakness; geopolitical conditions and continued threats of terrorism; effectiveness of our cost reduction programs; the receptiveness of the media to our services; changes in our marketplace that could limit or reduce the perceived value of our services to our clients; our ability to develop new services and market acceptance of such services, such as Mediaseed(TM); the volume and importance of breaking news, which can have the effect of crowding out the content we produce and deliver to broadcast outlets on behalf of our clients; our ability to develop new products and services that keep pace with technology; the process of embedding a Teletrax watermark or the watermark itself rendering client content unsuitable for broadcast; our ability to develop and maintain successful relationships with critical vendors; the potential negative effects of our international operations on the Company; future acquisitions or divestitures, which may adversely affect our operations and financial results; the absence of long term contracts with customers and vendors; and increased competition, which may have an adverse effect on pricing, revenues, gross margins and our customer base. More detailed information about these risk factors is set forth in filings by Medialink Worldwide Incorporated with the Securities and Exchange Commission, including the Company's registration statement, most recent quarterly report on Form 10-Q, most recent annual report on Form 10-K and other publicly available information regarding the Company. Medialink Worldwide Incorporated is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward- looking statements whether as a result of new information, future events or otherwise.

    (Please see attached financial tables) MEDIALINK WORLDWIDE INCORPORATED AND SUBSIDIARIES Summary Financial Information (Unaudited) (In thousands, except per-share amounts) For the three months For the year ended December 31, ended December 31, 2007 2006 2007 2006 Revenues $8,877 $9,315 $33,405 $31,719 Direct costs 4,148 4,321 15,823 14,001 Selling, general, and administrative expenses 6,362 5,570 24,697 24,485 Depreciation and amortization 511 502 1,942 1,972 Operating loss (2,144) (1,078) (9,057) (8,739) Interest income (expense) - net (116) 27 (62) (389) Loss from continuing operations before taxes (2,260) (1,051) (9,119) (9,128) Income tax expense (benefit) (114) 304 (1,928) (2,807) Loss from continuing operations (2,146) (1,355) (7,191) (6,321) Income (loss) from discontinued operations, net of tax (15) 22 2,590 5,375 Net loss $(2,161) $(1,333) $(4,601) $(946) Basic and diluted income (loss) per common share: Loss from continuing operations $(0.34) $(0.22) $(1.13) $(1.03) Income (loss) from discontinued operations (0.00) 0.00 0.41 0.88 Net loss $(0.34) $(0.22) $(0.72) $(0.15) Weighted average number of common shares: Basic and diluted 6,428 6,142 6,392 6,108 Supplemental financial information: Operating loss exclusive of Teletrax $(1,060) $(255) $(5,118) $(5,331) Teletrax operating loss $(1,084) $(823) $(3,939) $(3,408) Revenue by Business Line: Media Communications Services $7,812 $8,561 $29,985 $29,250 Teletrax - service revenue $1,061 $688 $3,397 $2,372 Teletrax - equipment sales $4 $66 $23 $97 MEDIALINK WORLDWIDE INCORPORATED AND SUBSIDIARIES Summary Financial Information (Unaudited) (In thousands) December 31, December 31, 2007 2006 ASSETS Current Assets: Cash and cash equivalents $12,732 $17,031 Accounts receivable - net 4,965 5,319 Inventory - 602 Prepaid expenses 519 287 Prepaid and refundable taxes 743 701 Deferred income taxes 169 107 Escrow funds - 1,927 Other current assets 91 78 Total current assets 19,219 26,052 Property and equipment - net 4,542 4,296 Goodwill 3,429 3,429 Deferred income taxes 217 725 Other assets 738 652 Total assets $28,145 $35,154 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable and accrued liabilities $7,326 $8,377 Income taxes payable - 1,927 Total current liabilities 7,326 10,304 Convertible debentures, net of unamortized discount of $422 and $727 3,928 4,273 Other long-term liabilities 765 1,049 Total liabilities 12,019 15,626 Stockholders' Equity 16,126 19,528 Total liabilities and stockholders' equity $28,145 $35,154 For more information: Kenneth Torosian Jordan M. Darrow Chief Financial Officer Investor Relations Medialink Worldwide Incorporated Darrow Associates, Inc. Tel: (212) 682-8300 Tel: (631) 367-1866 IR@medialink.com jdarrow@darrowir.com

    Medialink Worldwide Incorporated

    CONTACT: Kenneth Torosian, Chief Financial Officer, Medialink Worldwide
    Incorporated, +1-212-682-8300, IR@medialink.com, or Jordan M. Darrow, Investor
    Relations, Darrow Associates, Inc., +1-631-367-1866, jdarrow@darrowir.com, for
    Medialink Worldwide Incorporated

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




    Sonus Networks Brings Next-Generation Mobile Architectures to LifeIndustry Leader Delivers on the Need for Speed

    LAS VEGAS, Nev., March 31 /PRNewswire-FirstCall/ -- CTIA 2008 -- Hassan Ahmed, chairman, president and CEO at Sonus Networks Inc., today predicted that next generation telecommunications networks will continue to disrupt traditional communications services and the entertainment industry as consumers consider their mobile services indispensable and leverage the higher mobile broadband speeds now available.

    "Globally, we are in the midst of redefining communications, social networking and how entertainment is delivered to consumers," said Ahmed, ahead of the CTIA Wireless 2008 Convention. "Increasing broadband speed and convergence bring a new level of capabilities and personalization to mobile services. Operators, such as those attending CTIA 2008, are embracing this opportunity and launching network plans, such as 4G that will revolutionize the communications industry. The Sonus Networks vision for the IP network is becoming a reality."

    Fourth generation mobile broadband technology using Long Term Evolution (LTE) is being trialed by operators around the world and will create a common mobile network that enables consumers to move seamlessly across the globe without limiting their mobile coverage. Additionally, LTE technology will drive the IP mobile network where Sonus is able to deliver the enhanced mobile services consumers want without heavy investment in infrastructure for the mobile operators.

    "It is clear the mobile industry is seeing significant grow in data traffic as the wireless broadband market matures," said Brian Partridge, director of service provider enabling technologies, Yankee Group. "Next generation mobile broadband access technologies such as LTE and WiMAX, demand scaleable and high performance IP services infrastructure."

    A Sonus IP-based next generation infrastructure that includes the recently announced mobilEdge, will allow wireless operators to quickly respond to customers' demands for bandwidth hungry services and retain flexibility within their network to innovate and take advantage of 4G networks.

    "This year, we hear our customers talk about planning for these future technologies," said Vikram Saksena, CTO at Sonus Networks. "The IP based network and advanced switching capabilities of the Sonus infrastructure, helps integrate the wireless and wireline services in use today. WiMax and LTE are just alternative broadband technologies to us. Customers can make choices about their infrastructure today, without worrying about the broadband delivery they will use in the future."

    Sonus Networks are exhibiting at the CTIA show in Las Vegas, booth #3439. About Sonus Networks

    Sonus Networks, Inc. is a market leader in IP communications infrastructure for wireline and wireless service providers. With its comprehensive IP Multimedia Subsystem (IMS) solution, Sonus addresses the full range of carrier applications, including residential and business voice services, wireless voice and multimedia, trunking and tandem switching, carrier interconnection and enhanced services. Sonus' voice infrastructure solutions are deployed in service provider networks worldwide. Founded in 1997, Sonus is headquartered in Westford, Massachusetts. Additional information on Sonus is available at http://www.sonusnet.com/ .

    This release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to Item 1A "Risk Factors" of Sonus' Annual Report on Form 10-K for the period ended December 31, 2007, filed with the SEC, which identifies important risk factors that could cause actual results to differ from those contained in the forward- looking statements. Risk factors include among others: the impact of material weaknesses in our disclosure controls and procedures and our internal control over financial reporting on our ability to report our financial results timely and accurately; the unpredictability of our quarterly financial results; risks and uncertainties associated with the Company's restatement of its historical stock option granting practices and accounting including regulatory actions or litigation; risks associated with our international expansion and growth; consolidation in the telecommunications industry; and potential costs resulting from pending securities litigation against the Company. Any forward- looking statements represent Sonus' views only as of today and should not be relied upon as representing Sonus' views as of any subsequent date. While Sonus may elect to update forward-looking statements at some point, Sonus specifically disclaims any obligation to do so, except as required by law.

    Sonus is a registered trademark of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

    For more information, please contact: Investor Relations: Media Relations Jocelyn Philbrook Lucy Millington 978-614-8672 978-614-8240 jphilbrook@sonusnet.com lmillington@sonusnet.com

    Sonus Networks, Inc.

    CONTACT: Investors, Jocelyn Philbrook, +1-978-614-8672,
    jphilbrook@sonusnet.com, or Media, Lucy Millington, +1-978-614-8240,
    lmillington@sonusnet.com, both of Sonus Networks, Inc.

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




    Alcatel-Lucent and Airvana to Jointly Demonstrate a CDMA Femtocell Solution at CTIA 2008Companies to show voice and data services based on IMS-SIP architecture

    LAS VEGAS, March 31 /PRNewswire-FirstCall/ -- Airvana, Inc. , and Alcatel-Lucent (NYSE: ALU; Euronext Paris: ALU) today announced they will jointly demonstrate an end-to-end third-generation (3G) CDMA/EV-DO femtocell solution, supporting voice and mobile high-speed data services, at the CTIA Wireless 2008 tradeshow and exhibition. The demonstration is taking place April 1-3, 2008 in Alcatel-Lucent's booth (#2613) at the Las Vegas Convention Center.

    Femtocells are small cellular access points that leverage existing broadband connectivity to provide consumers with enhanced mobile voice, video and data services, especially in the home using existing mobile phones and other wireless devices. They will enable operators to cost-effectively increase their network coverage and capacity to meet the growing demand for mobile voice and data services, particularly in difficult-to-serve indoor environments as well as to ultimately offer new services and service packages to users.

    To provide femtocell-based services, mobile operators will deploy end-to- end solutions that incorporate the femtocell device, femto network gateways, and IP Multimedia Subsystem (IMS) core network infrastructure. The joint demonstration by Alcatel-Lucent and Airvana is an example of vendors cooperating to deliver just such a solution.

    The advanced CDMA femtocell solution envisioned by both companies combines Airvana's radio access technology, including the femto access point and Femto Network Gateway services provided by the Universal Access Gateway (UAG), together with Alcatel-Lucent's IMS core supporting CDMA-SIP convergence. Built on an innovative flat IP architecture using IMS and Session Initiation Protocol (SIP) standards, this solution provides support for both CDMA2000 1X and EV-DO Rev. A service, together with unique capabilities to allow seamless inter-working between the femtocell and the broader macro network, in order to ensure that users have a consistent, high-quality mobile experience for voice, data, and video services as they move between the indoor and outdoor environments. By working together the two companies can offer operators the benefits of advanced femto radio access capabilities together with a full suite of IMS products and features in an integrated solution that leverages the combined expertise of Airvana and Alcatel-Lucent.

    About Airvana

    Airvana specializes in helping operators to transform the mobile experience for users worldwide. The company's high-performance technology and products, from comprehensive femtocell solutions to core mobile network infrastructure, enable operators to deliver broadband services to mobile devices, independent of physical location. Airvana is headquartered in Chelmsford, Mass., USA, with additional offices in the United Kingdom, China, India, Japan and Korea. For more information, please visit the company's Web site at http://www.airvana.com/.

    About Alcatel-Lucent

    Alcatel-Lucent (NYSE: ALU; Euronext Paris: ALU) provides solutions that enable service providers, enterprise and governments worldwide, to deliver voice, data and video communication services to end-users. As a leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent offers the end-to-end solutions that enable compelling communications services for people at home, at work and on the move. With operations in more than 130 countries, Alcatel-Lucent is a local partner with global reach. The company has the most experienced global services team in the industry, and one of the largest research, technology and innovation organizations in the telecommunications industry. Alcatel-Lucent achieved revenues of Euro 17.8 billion in 2007 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel- Lucent on the Internet: http://www.alcatel-lucent.com/

    Safe Harbor Statement

    Any statements in this press release about future expectations, plans and prospects for Airvana constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements typically contain the words "believes," "anticipates," "plans," "expects," "will", "continue" and similar expressions. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including without limitation the highly competitive and rapidly evolving market in which Airvana competes, Airvana's limited operating history, the fluctuation of its past operating results and its reliance on sales through Nortel for a significant portion of its revenues and product and service billings and other factors discussed in Airvana's filings with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent Airvana's views as of the date of this press release. Airvana anticipates that subsequent events and developments may cause its views to change. While Airvana may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward- looking statements should not be relied upon as representing Airvana's views as of any date subsequent to the date of this press release.

    Airvana Contacts: Media Contact Investor Contact Jim McManus David Reichman Davies Murphy Group Sharon Merrill Associates (781) 418-2402 (617) 542-5300 airvana@daviesmurphy.com airv@investorrelations.com Alcatel-Lucent Press Contacts Regine Coqueran Tel: + 33 (0)1 40 76 49 24 regine.coqueran@alcatel-lucent.com Mary Ward Tel: + 1 908 582 7658 mary.ward@alcatel-lucent.com Alcatel-Lucent Investor Relations Remi Thomas Tel: + 33 (0)1 40 76 50 61 remi.thomas@alcatel-lucent.com John DeBono Tel: + 1 908 582 7793 debono@alcatel-lucent.com Tony Lucido Tel: + 33 (0)1 40 76 49 80 alucido@alcatel-lucent.com Don Sweeney Tel: + 1 908 582 6153 dsweeney@alcatel-lucent.com

    Airvana, Inc.

    CONTACT: Media Contact, Jim McManus of Davies Murphy Group,
    +1-781-418-2402, airvana@daviesmurphy.com; or David Reichman of Sharon Merrill
    Associates, +1-617-542-5300, airv@investorrelations.com, both for Airvana,
    Inc.; Alcatel-Lucent Investors, Remi Thomas, +33(0)1 40 76 50 61,
    remi.thomas@alcatel-lucent.com, John DeBono, +1-908-582-7793,
    debono@alcatel-lucent.com, Tony Lucido, +33(0)1 40 76 49 80,
    alucido@alcatel-lucent.com, or Don Sweeney, +1-908-582-6153,
    dsweeney@alcatel-lucent.com, all of Alcatel-Lucent

    Web site: http://www.airvana.com/
    http://www.alcatel-lucent.com/




    Conspiracy Entertainment CEO Issues Letter to Shareholders

    LOS ANGELES, March 31 /PRNewswire-FirstCall/ -- Conspiracy Entertainment (BULLETIN BOARD: CPYE) , a developer, publisher and marketer of interactive entertainment software in North America and Western Europe, announced today that President and CEO Sirus Ahmadi issued a letter to shareholders:

    (Logo: http://www.newscom.com/cgi-bin/prnh/20060905/LATU010LOGO ) Dear Valued Shareholders:

    I am pleased to provide you today with an update on the progress of your Company.

    Over the past six months, we have gained manufacturing approval on a number of our licensed, popular gaming titles, as well as secured new distributorships to release high-anticipated games for the Wii, Nintendo DS, Sony PlayStation2(R), and other Wi-Fi handheld platforms. Our key developments include:

    -- Released Biathlon 2008 for the PlayStation(R) 2 system in March 2008. Recommended by biathlon stars Magdalena Neuner, Kati Wilhelm and Michael Greis, Biathlon 2008 is marketed as the most exciting video game adaptation of this immensely popular international World Cup/World Championship game that combines accuracy and athletics. -- Published a highly anticipated Wii gaming title based on the lovable Cocoto character franchise created by Neko Entertainment. Through our distribution agreement with SVG Distribution, Inc., Cocoto Magic Circus for the Nintendo Wii hit U.S. retail stores at the end of February 2008. -- Shipped Best of Tests DS(TM) for the Nintendo DS to North American retail outlets. A quirky and entertaining twist on the famous Intelligence Quotient (IQ) Test, Best of Tests exercises the brain while it entertains for hours. -- With U.S. publishing rights to Wii: Octomania, we selected Atlus U.S.A., Inc., a leading publisher of interactive entertainment, to exclusively distribute the multi-player puzzler game Octomania to North American retailers. Atlus U.S.A. began distribution in March 2008. -- Launched Nintendo Wii: Winter Sports game in December 2007, which quickly lead to large reorders and continues to boost sales through the first quarter of 2008. -- Launched the first, turn-based WWII strategy game for the Nintendo DS(TM), Panzer Tactics. The game hit retail shelves throughout the U.S., Canada and Mexico in November 2007. Conspiracy gained the licensing rights to distribute Panzer Tactics from 10TACLE STUDIOS AG, (WKN: TACL10, ISIN DE000TACL107), one of Europe's leading independent developers and producers of high-end computer and video games.

    We anticipate to report over $5 million in revenues (unaudited) for the three months ended December 31, 2007. This represents a year-over-year increase in sales of 2824% compared to $171,000 reported in the fourth quarter of 2006. Fourth quarter 2007 revenues grew 194% compared to $1.7 million reported in the third quarter of 2007. For the year ended December 31, 2007, we expect to report over $7.5 million in revenues (unaudited), compared to $803,493 (audited) for the year ended December 31, 2006.

    We have closed 2007 with great optimism and believe 2008 will be one of our strongest years of revenue growth in our decade-long history. We have 10 to 20 additional games on all major platforms scheduled for release this year, and are well positioned to build shareholder value in 2008 and beyond.

    You may visit http://www.conspiracygames.com/ or http://www.otcfn.com/cpye for future updates. As always, thank you for your continued interest and support in Conspiracy Entertainment.

    Sincerely, Sirus Ahmadi President and CEO, Conspiracy Entertainment About Conspiracy Entertainment Corporation

    Conspiracy Entertainment Corporation is a developer, publisher and marketer of entertainment software in North America and Western Europe. The Company develops and licenses properties from several sources, including global entertainment and media companies and publishes software for DVD media, wireless devices, personal computers and video game consoles, including those manufactured by Nintendo, Sony Computer Entertainment, Inc., and Microsoft Corporation. Conspiracy Entertainment was founded in 1997 and is based in Santa Monica, CA.

    "PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc.

    Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward- looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060905/LATU010LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Conspiracy Entertainment Corporation

    CONTACT: Media, Ted Brockwood of Calico Media Communications for
    Conspiracy Entertainment Corporation, +1-503-342-8067, ted@calico-media.com,
    Skype & gtalk, tbrockwood, aim, calicomedia; or Rick McCaffrey, Investors
    Relations of Conspiracy Entertainment Corporation, +1-781-444-6100, ext. 625,
    rick@otcfn.com

    Web site: http://www.conspiracygames.com/
    http://www.otcfn.com/cpye




    New AT&T Real Yellow Pages Directories Being Distributed Throughout ChicagoResidential Listings Now Available By Request in Print or Electronic Format

    CHICAGO, March 31 /PRNewswire-FirstCall/ -- This month, residents in the "Windy City" will have an updated resource to turn to for all local search needs. The latest edition of the AT&T Real Yellow Pages published by Dex is now being delivered to residents throughout Chicago.

    In 2007 there were more than 84 million print directory references in the Chicago area alone, indicating that print Yellow Pages directories remain vital resources for consumers. To answer consumers' needs the 2008 edition of the AT&T Real Yellow Pages published by Dex includes detailed information on thousands of Chicago-area businesses, as well as local area maps, shopping guides, coupons and more. Beginning this year the Chicago Metro Residential White Pages are available only by request.

    "Local residential listings are already included in the Chicago Neighborhood directories that we deliver in August, on DexKnows.com(TM) and on YELLOWPAGES.COM, so we felt it was better for consumers if we discontinued delivery of a standalone Chicago Metro Residential White Pages directory," said David Kelly, director of marketing, Dex. "However, people who still wish to receive the Chicago Metro Residential White Pages can contact us and we will happily supply them with a complimentary copy."

    Consumers may request a copy of the standalone Chicago Residential White Pages by calling 1-800-487-6733. They may also use that number to order up to five complimentary copies of the AT&T Real Yellow Pages published by Dex or a free CD-ROM of white pages listings.

    Dining Guide, Events Calendar Highlight New Features

    The latest edition of the AT&T Real Yellow Pages published by Dex offers a view of the Chicago skyline from Grant Park on the cover and a host of new features inside. For the first time, the directory will include the Mayor's Office of Special Events Calendar of Events and will once again feature the Chicago Magazine Dining Guide, offering reviews on some of the area's finest restaurants.

    In addition to the main Chicago Yellow Pages directory most residents are also receiving compact Chicago Plus directories. Plus directories are smaller versions of the larger book and are perfect for on-the-go consumers who wish to keep an extra directory in their car, or as a second directory in the home.

    About Dex

    Dex is part of R.H. Donnelley , which connects businesses and consumers through its portfolio of print and interactive marketing solutions. Small- and medium-sized businesses look to the company's experienced team of marketing consultants to help them grow their businesses and drive sales leads. Consumers depend on the company's reliable, trusted, local business content to deliver the most relevant search results when they are seeking local goods and services. For more information, visit http://www.dexknows.com/ and http://www.rhd.com/.

    R.H. Donnelley

    CONTACT: Peter Larmey of Dex, +1-919-297-1521, peter.larmey@rhd.com

    Web site: http://www.rhd.com/
    http://www.dexknows.com/




    Wuhan General Reports Fiscal Year 2007 Financial Results

    -- Full Year Revenue Increases 394% to $82.5 Million -- -- Net income Increases 364% to $14.9 Million --

    WUHAN, China, March 31 /Xinhua-PRNewswire/ -- Wuhan General (OTC Bulletin Board: WUHN), a leading manufacturer of industrial blowers and turbines, today announced consolidated financial results for the full year ended December 31, 2007.

    Fiscal 2007 Results

    For the full year, total sales increased 394% to $82.5 million as compared to $16.7 million in the prior year period. Sales of industrial blowers comprised 54% of total revenue, or $44.6 million, while sales of turbines amounted to $37.9 million or 46% of total revenue.

    Gross profit increased to $25.1 million compared to $7.8 million in the prior year period. The industrial blower unit contributed 64% of the gross profit, or $16.1 million, while turbines accounted for 36% of gross profit, or $8.9 million. Gross margin decreased from 46.8% in 2006 to 30.4% in 2007. Gross margin for the industrial blower business was 36% and for the turbine business was 23%. The decrease in gross margins was primarily due to increases in raw material costs, particularly steel. Also impacting gross margins was the Huangli power plant project for which the Company is responsible for construction of the entire plant, with construction having somewhat lower gross margins than blower and turbine sales.

    Selling, general and administrative expenses for the year increased 107% from $3.8 million in 2006 to $7.9 million in 2007. As a percentage of sales, SG&A decreased from 23% in 2006 to 10% in 2007. This decrease is mainly attributable to economies of scale related to higher sales and production volumes associated with the launching of the turbine business in 2007.

    Operating profit in 2007 increased 340% to $16.4 million as compared to $3.7 million in the prior year period. The combined effect of the decreased gross margin and a decrease in SG&A percentages year over year resulted in operating margins decreasing from 22.3% to 19.9%.

    It should be noted that Net Income Available to Common Shareholders for 2007 includes a one-time Paid-in-Capital vs. Retained Earnings re-allocation, resulting from the $24.0 million sale of Convertible Preferred Stock with Warrants in the 1st Quarter. This re-allocation of $10.5 million was construed as a "Constructive Preferred Dividend" for accounting purposes. This "Dividend" had no impact on the company's real earnings, cash flow, overall equity or any other standard financial measure; nor was any such "Dividend" actually paid to the holders of the Preferred Stock. Real, cash dividends to the Preferred Shareholders in 2007 were $1.1 million.

    Net income for 2007 increased 364% to $14.9 million from $3.2 million in 2006. Earnings Available to Common Shareholders, before the above accounting "Dividend", were $.70 per share versus $.16 per share in 2006, an increase of 338%. The fully diluted Earnings Available to Common Shareholders, before the above accounting "Dividend", were $.35 per share versus $.16 per share.

    Mr. Xu Jie, Chief Executive Officer of Wuhan General commented, "We are quite pleased with the progress we made in 2007. We exceeded our revenue and net income forecasts for 2007 as our industrial blower business increased from $16.7 million in sales in 2006 to $44.6 million in 2007 and our turbine business, launched only this year, went from zero to $37.9 million. In a relatively short period of time we have solidified our position as a high quality supplier in the fast growing turbine business. We are now well positioned, relative to both blowers and turbines, to continue to profit from China's need for electricity, environmental protection, and general infrastructure build out.

    2008 Financial Outlook

    For 2008 the Company is expecting to record revenue of $119 million and net income of $22 million, increases of 44% and 48% respectively over 2007.

    "In the second half of 2008 our new dedicated turbine manufacturing facility will be completely operational which will give us plenty of room to expand the business into the future," commented Mr. Xu Jie, Chief Executive Officer of Wuhan General. "Demand for our products continues to exceed supply within China. Exports now account for 10% of our industrial blower business and based on our quality and cost competitiveness we expect to see that percentage increase. Considering these positive trends and with a backlog of $18.6 million of blowers and $25.0 million of turbines as we enter 2008, we are confident this year will be another year of solid growth for Wuhan General."

    Conference Call

    The Company will conduct a conference call to discuss the fiscal 2007 results Wednesday, April 2, 2008 before the market open at 8:30 am ET. A press release will be issued within the next 24 hours announcing the dial-in numbers for Wednesday's conference call.

    About Wuhan General

    Wuhan General (BULLETIN BOARD: WUHN) designs, manufactures, and distributes industrial blowers and turbines. Blowers are used in a variety of applications where large amounts of air have to be moved. Examples would include electricity generation, air pollution control, and ventilation and aeration in subways and vehicular tunnels, mines, and sewage treatment facilities. Wuhan General manufactures both steam and water turbines which are used for electricity generation in coal, oil, nuclear, and hydroelectric power plants. The company is located in Wuhan, China, a major industrial city of 8 million people strategically located in the south-central part of China.

    Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company's control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the company's periodic filings with the Securities and Exchange Commission.

    Wuhan General Group (China), Inc. Statements of Income For the years ended December 31, 2007 and 2006 (Stated in US Dollars) 2007 2006 Sales 82,503,510 16,702,043 Cost of Sales 57,429,085 8,886,274 Gross Profit 25,074,425 7,815,769 Operating Expenses Selling Expenses 2,333,707 1,193,971 General & Administrative Expenses 5,615,320 2,651,953 Warranty Expense 725,626 244,101 Total Operating Expense 8,674,653 4,090,026 Operating Income 16,399,773 3,725,743 Other Income (Expenses) Other Income 42,097 26,977 Interest Income 303,898 348 Other Expenses (554,484) (1,830) Interest Expense (1,321,414) (548,970) Total Other Income (Loss) & Expense (1,529,903) (523,475) Earnings before Tax 14,869,869 3,202,268 Income Tax -- -- Net Income 14,869,869 3,202,268 Preferred Dividends Declared 1,072,904 -- Constructive Preferred Stock Dividend 10,501,982 -- Income Available to Common Stockholders 3,294,983 -- Earnings Per Share Basic $ 0.17 $0.16 Diluted $ 0.10 $0.16 Weighted Average Shares Outstanding Basic 19,712,446 19,712,446 Diluted 33,633,831 19,712,446 Earnings Per Share excluding effect of Constructive Preferred Dividend Basic $ 0.70 $0.16 Diluted $ 0.35 $0.16 Weighted Average Shares Outstanding Basic 19,712,446 19,712,446 Diluted 42,864,053 19,712,446 Consolidated Balance Sheets At December 31, 2007 and 2006 (Stated in US Dollars) ASSETS 2007 2006 Cash 992,965 248,243 Restricted Cash 9,108,866 382,530 Notes Receivable 1,865,491 1,535,868 Accounts Receivable 31,875,411 12,488,083 Other Receivable 1,977,646 8,810,699 Inventory 7,895,960 4,544,662 Advances to Suppliers 12,743,130 2,746,325 Advances to Employees 138,420 255,836 Prepaid Taxes 257,554 3,889 Real Property Available for Sale 993,861 -- Total Current Assets 67,849,304 31,016,135 Property, Plant & Equipment, net 20,401,547 17,252,577 Land Use Rights, net 1,830,476 1,749,740 Construction in Progress 9,897,484 35,304 Intangible Assets, net 381,281 364,565 $ Total Assets $100,360,092 50,418,321 LIABILITIES & STOCKHOLDERS' EQUITY Liabilities Bank Loans & Notes 28,132,664 13,545,059 Accounts Payable 4,747,298 8,531,852 Contract Payable -- 1,137,623 Taxes Payable 1,043,383 1,723,544 Other Payable 3,137,575 4,594,639 Dividend Payable 898,875 -- Accrued Liabilities 2,003,800 354,169 Customer Deposits 5,034,464 1,587,306 Total Current Liabilities 44,998,059 31,474,192 Total Liabilities 44,998,059 31,474,192 Wuhan General Group (China), Inc. Consolidated Balance Sheets December 31, 2007, and 2006 (Stated in US Dollars) Stockholders' Equity 2007 2006 Preferred Stock - $0.0001 Par Value, 50,000,000 Shares Authorized; 10,287,554 & 0 Shares of Series A Convertible Preferred Stock Issued & Outstanding at December 31, 2007, and 2006 respectively. 1,029 -- Additional Paid-in Capital - Preferred Stock 13,466,990 -- Additional Paid-in Capital - Warrants 6,572,334 -- Additional Paid-in Capital - Beneficial Conversion Feature 10,501,982 -- Common Stock - $0.0001 Par Value 100,000,000 Shares Authorized; 19,712,446 Shares Issued & Outstanding at December 31, 2007, and 2006. 1,971 1,971 Additional Paid-in Capital 12,349,602 12,349,602 Statutory Reserve 633,771 622,151 Retained Earnings 8,483,648 5,200,285 Accumulated Other Comprehensive Income 3,350,706 770,120 Total Stockholders' Equity 55,362,033 18,944,129 Total Liabilities & Stockholders' Equity $100,360,092 $ 50,418,321 Wuhan General Group (China), Inc. Statements of Cash Flows For the year ended December 31, 2007 and 2006 (Stated in US Dollars) 2007 2006 Cash Flow from Operating Activities Cash Received from Customers 73,532,077 3,395,609 Cash Paid to Suppliers & Employees (83,510,411) (4,710,988) Interest Received 157,072 348 Interest Paid (1,321,415) (548,970) Income Tax Paid -- -- Miscellaneous Receipts 42,096 26,977 Cash Sourced/(Used) in Operating Activities (11,100,581) (1,837,024) Cash Flows from Investing Activities Cash Invested in Restricted Time Deposits (8,726,336) (1,006,024) Repayment/(Investment) in Notes (1,312,344) (148,213) Payments for Purchases of Plant & Equipment (5,100,642) (2,843,702) Payments for Construction of Plant & Equipment (9,862,180) (33,743) Payments for Purchases of Land Use Rights (127,793) (58,853) Payments for Purchases of Intangible Assets (59,920) (15,316) Cash Used/(Sourced) in Investing Activities (25,189,215) (2,093,803) Cash Flows from Financing Activities Increases to Preferred Stock & Additional Paid-in Capital 20,040,353 -- Proceeds from Bank Borrowings 4,681,749 4,844,345 Repayment of Bank Loans -- -- Proceeds from Issuance of Notes 9,905,857 -- Repayment of Notes -- (1,319,147) Dividends Paid (174,029) -- Cash Sourced/(Used) in Financing Activities 34,453,930 3,525,198 Net Increase/(Decrease) in Cash & Cash Equivalents for the Period (1,835,866) (405,629) Effect of Currency Translation 2,580,588 487,384 Cash & Cash Equivalents at Beginning of Period 248,243 166,488 Cash & Cash Equivalents at End of Period 992,965 248,243 Non-Cash Investing Activity: Contribution of equipment to capital -- 6,315,691 Value of property surrendered by Hubei Dilong Industrial Group Co., Ltd. 993,861 -- Constructive Preferred Stock Divided 10,501,982 --

    Wuhan General

    CONTACT: Mr. Kuang Yuandong of Wuhan General Group, +86-139-9569-1673;
    Or Dan Joseph of ICR, Inc., +86-21-6122-1077; Or Bill Zima of ICR, Inc., +1-
    203-682-8200




    Solomon Completes Military Surveillance Project

    DANBURY, Conn., March 31 /PRNewswire-FirstCall/ -- Solomon Technologies, Inc. (BULLETIN BOARD: SOLM) today announced that its Technipower subsidiary has completed and delivered a project for ultra low noise military power supplies. The products were supplied to a tier one contractor and incorporated into a military marine surveillance system. This delivery culminates a successful, year-long development effort in which Solomon capitalized on its broad power systems capabilities and experience.

    Anthony F. Intino, II, President of Technipower, said, "Technipower's long history of serving prime contractors has earned us a well deserved reputation for developing cost effective, state-of-the-art solutions, on time and on budget. This contract demonstrates our extensive, mission critical engineering and design capabilities resulting in our customer receiving a best-in-class product meeting the demanding requirements of a critical military application."

    Information about Solomon Technologies, Inc.:

    Solomon Technologies, Inc., through its Motive Power and Power Electronics divisions, develops, licenses, manufactures and sells precision electric power drive systems, including those utilizing its patented Electric Wheel(R) Electric Transaxle(TM) and hybrid and regenerative technologies as well as direct current power supplies and power supply systems requiring high levels of reliability and ruggedness for defense, aerospace, marine, commercial, automotive, hybrid electric and all electric vehicle applications.

    FORWARD LOOKING STATEMENTS:

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding Solomon Technologies, Inc. in this release that are not historical in nature, particularly those that utilize terminology such as "may," "will," "should," "likely," "expects," "anticipates," "estimates," "believes," or "plans," or comparable terminology, are forward-looking statements based on current expectations about future events, which management has derived from the information currently available to it. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward- looking statements. Important factors known to management that could cause forward-looking statements to turn out to be incorrect are identified and discussed from time to time in the Company's filings with the Securities and Exchange Commission. The forward-looking statements contained in this release speak only as of the date hereof, and the Company undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact: Solomon Technologies, Inc. Peter DeVecchis, 727-859-4447 http://www.solomontechnologies.com/

    Solomon Technologies, Inc.

    CONTACT: Peter DeVecchis of Solomon Technologies, Inc., +1-727-859-4447

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




    Milestone Scientific Announces 2007 Year-End ResultsCompany to Host Teleconference Tuesday, April 1, 2008 at 9:30 AM EDT

    LIVINGSTON, N.J., March 31 /PRNewswire-FirstCall/ -- Milestone Scientific, Inc. (BULLETIN BOARD: MLSS) , the recognized leader in advanced injection technologies, today reported its operational and financial results for its 2007 fiscal year, ended December 31, 2007.

    Key Operational Highlights: -- In February 2007, the STA(TM) System was formally unveiled to market at the 142nd Chicago Dental Society Midwinter Meeting, one of the largest dental trade events held annually in the United States. The award- winning STA System is a patented Computer Controlled Local Anesthesia Delivery (CCLAD) system that incorporates the 'pressure feedback' elements of Milestone's patented CompuFlo(R) technology. -- In June 2007, the Company was granted a CE Mark approval of the STA System, giving Milestone the ability to begin marketing the instrument to dental professionals in European Union countries and other countries around the world that recognize the CE Mark approval process. -- In November 2007, Milestone entered into a collaborative agreement with a globally diversified healthcare company to conduct a feasibility study evaluating the potential application of the Company's patented CompuFlo technology for injecting certain medicaments produced by this company. The initial study has been completed and Milestone is now anticipating moving forward with this company. -- Milestone's management team underwent significant change and rejuvenation in 2007. In May, the Company welcomed Joe W. Martin to its team as Chief Executive Officer of the newly formed Medical Division. Then in December, when Leonard Osser, Milestone's Chairman and CEO, stepped down from the chief executive post, Joe was appointed as a new member of the Board of Directors and was named Milestone's new CEO. In addition, in the fall, Robert (Bob) Presutti joined Milestone as VP of Sales and Marketing, assuming the overall coordination, functional management and leadership of all sales, marketing and customer service activities of the Company. Subsequent to the end of 2007, Joseph D'Agostino joined Milestone as the new Acting Chief Financial Officer, replacing former Acting CFO Arthur Goldberg, who left the Company to pursue other career opportunities. Key Financial Highlights: -- Total revenue increased approximately 9% to $6.39 million, up from $5.84 million in 2006. -- Domestic revenue, favorably impacted by more than $1.15 million in sales of the Company's new STA System offset by a 55% decrease in domestic sales of the legacy CompuDent(R) system. Total domestic revenue rose 10.8% to $4.59 million from $4.15 million on a comparable year-over-year basis. Domestic revenues represented 73% of total sales for the year, compared to 75% in the prior year. -- International sales also improved, rising to $1.68 million from $1.42 million, despite a year-over-year 44% decline in sales of CompuDent systems. This revenue growth was largely attributable to $165,000 in sales of the new STA System, as well as a 47% increase in sales of disposable hand pieces used in conjunction with both the CompuDent and STA System. International sales were 27% of total 2007 sales, a modest increase from 26% of total sales reported in 2006. -- Gross profit margins saw a significant improvement, rising to 55% from 48%. This improvement was due primarily to the market launch of the STA System, reduced inventory write downs in 2007 when compared to 2006, and an increase in global sales of higher margin disposable hand pieces. -- Total operating costs in 2007 increased 6% to $6.7 million from $6.3 million in the previous year. -- Net loss attributable to common stockholders totaled $2.9 million, or $0.24 per basic and diluted share, in 2007, a 6.8% decline from $3.2 million, or $0.27 per basic and diluted share, reported for 2006.

    Joe W. Martin, Chief Executive Officer of Milestone, stated, "Looking ahead, our focus in 2008 will be largely centered on increasing sales of the STA System, both domestically and internationally, as well as supporting sales of our legacy CCLAD system, CompuDent, and driving recurring orders of the disposable hand pieces used in conjunction with both instruments. The challenge going forward will be leveraging creative and tactical advertising and proactive marketing strategies to spread the 'right' message about the STA System to each and every dentist."

    Continuing, Martin added, "Worldwide, we estimate that over 35 million dental injections have been administered to patients with either the STA or CompuDent systems, to date. Moreover, our patented CompuFlo technology, embedded in the STA System, has been the subject of more than 50 publications validating the efficacy and safety of the technology in a wide range of medical injection applications. In 2008, we will accelerate our pursuit of collaborative opportunities with medical, pharmaceutical and healthcare companies interested in developing new product applications using CompuFlo, in order to build and grow long term shareholder value in Milestone."

    "Although there is still a lot of work to do, I believe that Milestone is well positioned to begin demonstrating much improved sales growth from our existing product line as our new marketing messages take hold and our market penetration efforts gain greater traction. Moreover, our results-driven game plan for leveraging CompuFlo to introduce innovative new products to the medical industry should provide us with ample opportunities to seek truly dynamic growth in the future," concluded Martin.

    The Company will host a teleconference on Tuesday, April 1, 2008, beginning at 9:30 AM Eastern Daylight Time, and invites all interested parties to join management in a discussion regarding the Company's financial performance, corporate progress and other meaningful developments. The conference call can be accessed by dialing toll-free 800-257-7087. For those unable to participate at that time, a replay of the teleconference can be accessed domestically by dialing 800-405-2236 and enter the passcode 11111518#. The replay will be available for 90 days.

    About Milestone Scientific, Inc.

    Headquartered in Livingston, New Jersey, Milestone Scientific is engaged in pioneering proprietary, highly innovative technological solutions for the medical and dental markets. Central to the Company's IP platform and product development strategy is its patented CompuFlo(R) technology for the improved and painless delivery of local anesthetic. Specifically, CompuFlo is a computer-controlled, pressure sensitive infusion, perfusion, suffusion and aspiration technology, which provides real-time readouts of pressures, fluid densities and flow rates, enabling the advanced delivery and removal of a wide array of fluids. The award-winning STA(TM) System is a patented Computer- Controlled Local Anesthesia Delivery (CCLAD) system which uses this technology and provides dentists with audible and visual signals as to in-tissue pressure. Milestone's existing painless injection systems are currently sold in 25 countries. For more information on these and other innovative Milestone products, please visit the Company's web site found at http://www.milesci.com/.

    CHARTS TO FOLLOW MILESTONE SCIENTIFIC INC. BALANCE SHEET December 31, 2007 ASSETS Current Assets: Cash and cash equivalents $745,003 Accounts receivable, net of allowance for doubtful accounts of $5,000 346,347 Royalty receivable 15,358 Inventories 1,636,744 Advances to contract manufacturer 1,192,584 Prepaid expenses and other current assets 169,727 Total current assets 4,105,763 Investment in distributor, at cost 76,319 Equipment, net of accumulated depreciation of $284,145 220,808 Patents, net of accumulated amortization of $79,498 559,378 Other assets 27,297 Total assets $4,989,565 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $1,855,835 Accrued expenses 201,103 Deferred compensation payable to officers 15,833 Total current liabilities 2,072,771 Long-term Liabilities: Accounts payable-long term 443,847 Line of credit-net of discount of $65,371 934,629 Total long-term liabilities 1,378,476 Commitments and Contingencies Stockholders' Equity Common stock, par value $.001; authorized 50,000,000 shares; 11,787,572 shares issued, 421,306 shares to be issued, and 11,754,239 shares outstanding 12,210 Additional paid-in capital 58,483,539 Accumulated deficit (56,045,915) Treasury stock, at cost, 33,333 shares (911,516) Total stockholders' equity 1,538,318 Total liabilities and stockholders' equity $4,989,565 MILESTONE SCIENTIFIC INC. STATEMENTS OF OPERATIONS YEARS ENDED DECEMBER 31, 2007 AND 2006 2007 2006 Product sales, net $6,262,608 $5,566,425 Royalty income 128,105 277,752 Total revenue 6,390,713 5,844,177 Cost of products sold 2,898,048 3,002,615 Royalty expense - 33,031 Total cost of revenue 2,898,048 3,035,646 Gross profit 3,492,665 2,808,531 Selling, general and administrative expenses 6,335,556 5,326,032 Research and development expenses 397,354 1,005,285 6,732,910 6,331,317 Loss from operations (3,240,245) (3,522,786) Other income & expense Other income 552,005 283,107 Interest income 17,440 87,411 Gain/Loss on disposal of asset (241,530) - Interest expense (19,752) - Amortize debt issuance (6,614) - Total other income 301,549 370,518 Net loss $(2,938,696) $(3,152,268) Net loss applicable to common stockholders $(2,938,696) $(3,152,268) Loss per share applicable to common stockholders - basic and diluted $(0.24) $(0.27) Weighted average shares outstanding and to be issued - basic and diluted 12,141,525 11,788,690 Safe Harbor Statement

    This press release contains forward-looking statements regarding the timing and financial impact of the Milestone's ability to implement its business plan, expected revenues and future success. These statements involve a number of risks and uncertainties and are based on assumptions involving judgments with respect to future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond Milestone's control. Some of the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements are general economic conditions, failure to achieve expected revenue growth, changes in our operating expenses, adverse patent rulings, FDA or legal developments, competitive pressures, changes in customer and market requirements and standards, and the risk factors detailed from time to time in Milestone's periodic filings with the Securities and Exchange Commission, including without limitation, Milestone's Annual Report on Form 10-KSB for the year ended December 31, 2007. The forward looking-statements in this press release are based upon management's reasonable belief as of the date hereof. Milestone undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

    FOR MORE INFORMATION, PLEASE CONTACT: Elite Financial Communications Group, LLC Dodi Handy, President and CEO, or Daniel Conway, Chief Strategist 407-585-1080 or via email at mlss@efcg.net

    Milestone Scientific, Inc.

    CONTACT: Dodi Handy, President and CEO, or Daniel Conway, Chief
    Strategist, both of Elite Financial Communications Group, LLC,
    +1-407-585-1080, mlss@efcg.net

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




    WEGENER to Launch New iPump Media Server at NAB 2008Advanced Addressable Media Server to Support Multi-Site Enterprise Video Projects

    DULUTH, Ga., March 31 /PRNewswire-FirstCall/ -- Wegener Corporation , a leading provider of equipment for television, audio and data distribution networks worldwide, today announced that the new WEGENER iPump(R) 562 media server will be officially launched at the National Association of Broadcasters 2008 Convention (Booth #SU7911) April 14-17, 2008, in Las Vegas.

    Ideal for digital signage, corporate communications and education applications, WEGENER's new iPump 562 media server supports bandwidth-saving features, such as MPEG-4/h.264 video compression, file-based workflows and DVB-S2 satellite demodulation. These features facilitate the creation of customized, high quality high definition (HD) and standard definition (SD) video channels for enterprise video projects.

    WEGENER's new iPump 562 media server is part of WEGENER's end-to-end control and playout solution that provides a cost-effective approach to supporting any multi-site enterprise video project with high levels of customization per television screen. The complete solution includes WEGENER's iPump Media Servers, IP-based peripheral decoders and Compel(R) network control system for live or file-based broadcasting.

    With Compel, unique programming content can be targeted to reach individual retail stores, departments, schools, or hospitals, and can be rapidly updated by central network operators. Employees at display locations do not have to manage or interact with the media servers because all functions and upgrades are scheduled and managed remotely from the Compel network control system at the central operations center. WEGENER iPump video decoders are optimized for high quality video and on-screen graphics, providing a superior viewing experience compared to PC solutions.

    "Our new iPump 562 MPEG-4 HD-ready media servers are a powerful complement to our Compel network control system and build upon our years of experience with file-based broadcasting products and systems," said Ned L. Mountain, President and COO of WEGENER. "Together these products enable our customers to target specific messages to multiple retail and enterprise locations. The iPump 562 expands the iPump product line to target enterprise and digital signage solutions where cost is a major factor. This new product utilizes the bandwidth savings from DVB-S2 and MPEG-4 to expand the range of applications where satellite networks can be profitably employed.

    ABOUT WEGENER

    WEGENER(R) (Wegener Communications, Inc.), a wholly-owned subsidiary of Wegener Corporation , is an international provider of digital solutions for video, audio, and IP data networks. Applications include IP data delivery, broadcast television, cable television, radio networks, business television, distance education, business music and financial information distribution. Compel(R), WEGENER's patented network control system, provides networks with unparalleled ability to regionalize programming and commercials. Compel(R) network control capability is integrated into WEGENER(R) digital satellite receivers. WEGENER(R) can be reached at +1.770.814.4000 or on the World Wide Web at http://www.wegener.com/.

    WEGENER, COMPEL, COMPEL CONTROL, iPUMP, MEDIAPLAN, UNITY, ASSURED FILE DELIVERY, PANDA, PROSWITCH, VIDATA, the stylized W-design logo (for WEGENER), the stylized C-design logo (for Compel) and the stylized PANDA design logo are all registered trademarks of WEGENER(R). All Rights Reserved.

    This news release may contain forward-looking statements within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995, and the Company intends that such forward- looking statements are subject to the safe harbors created thereby. Forward- looking statements may be identified by words such as "believes," "expects," "projects," "plans," "anticipates," and similar expressions, and include, for example, statements relating to expectations regarding future sales, income and cash flows. Forward-looking statements are based upon the Company's current expectations and assumptions, which are subject to a number of risks and uncertainties including, but not limited to: customer acceptance and effectiveness of recently introduced products, development of additional business for the Company's digital video and audio transmission product lines, effectiveness of the sales organization, the successful development and introduction of new products in the future, delays in the conversion by private and broadcast networks to next generation digital broadcast equipment, acceptance by various networks of standards for digital broadcasting, the Company's liquidity position and capital resources, general market conditions which may not improve during fiscal year 2008 and beyond, and success of the Company's research and development efforts aimed at developing new products. Discussion of these and other risks and uncertainties are provided in detail in the Company's periodic filings with the SEC, including the Company's most recent Annual Report on Form 10-K. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results. Forward-looking statements speak only as of the date the statement was made. The Company does not undertake any obligation to update any forward-looking statements.

    WEGENER Corporation

    CONTACT: Press, Robin Hoffman of Pipeline Communications,
    +1-973-746-6970, robinh@pipecomm.com, for WEGENER Corporation; or Investors,
    Troy Woodbury, Investor Relations of WEGENER Corporation, +1-770-814-4000, Fax
    +1-770-623-9648, info@wegener.com

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

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