Tepha Announces First Human Usage of Medical Devices Derived from New Class of Resorbable PolymersTepha Corporate Partners, Aesculap and Tornier, Conduct Clinical Evaluations of TephaFLEX(R) Suture Products

LEXINGTON, Mass., April 17 /PRNewswire/ -- Tepha, Inc., a developer of medical devices derived from a new class of polymers, announced today that two of its corporate partners, Aesculap and Tornier, are conducting initial clinical evaluations of the Company's new TephaFLEX(R) suture products. These clinical evaluations, conducted in both the United States and Europe, represent the first human usage of medical devices derived from Tepha's new class of resorbable polymers called polyhydroxyalkanoates ("PHA's"). The Tepha PHA polymer family is a product of the Company's patented recombinant DNA technology which allows the engineering of resorbable medical devices with mechanical and biologic properties that are matched to specific tissue repair and replacement applications. TephaFLEX(R) monofilament suture is up to 30% stronger, more flexible, and has longer strength retention than currently marketed resorbable sutures.

Dr. Simon Williams, President and CEO of Tepha, commented, "The first human usage of a medical device based on our proprietary polymer technology is an important milestone in Tepha's history. We are grateful for the support of such capable and committed partners as Aesculap and Tornier, and we look forward to these collaborations progressing to the successful commercialization of TephaFLEX(R) suture products."

Aesculap AG, a Tepha corporate partner since 2004, currently is conducting a European trial evaluating suture products based on TephaFLEX(R) fiber in 150 patients undergoing abdominal wall repair procedures. The results of this trial will be submitted to European regulatory authorities to support Aesculap's application for CE Mark approval. Based in Germany, Aesculap is a division of B. Braun Melsungen AG, focused on products for core processes in operative medicine. Aesculap's product range includes sutures, implants for orthopedic and spinal surgery, surgical instruments, endoscopes, surgical motor systems, container and storage systems, and vascular therapy products.

Tornier, a Tepha corporate partner since 2007, recently supported the clinical evaluation of the TephaFLEX(R) Absorbable Suture by several leading orthopedic surgeons in the United States. The TephaFLEX(R) Absorbable Suture, FDA 510(k) cleared in February 2007, was utilized in a range of orthopedic soft tissue repair procedures. Tornier, based in Edina, Minnesota, is a leader in the extremity orthopedics market and is collaborating with Tepha on several products for orthopedic soft tissue repair.

About Tepha, Inc.

Tepha, Inc, is a developer of medical devices derived from a new class of resorbable polymers that have been engineered utilizing recombinant DNA technology. The unique biologic and mechanical properties of the Tepha PHA polymers has been recognized by an expanding list of corporate partners that now includes Aesculap AG, ENTrigue Surgical, HemCon Medical Technologies, LifeCell Corporation , NMT Medical , and Tornier, Inc. Tepha received its first FDA 510(k) clearance for its TephaFLEX(R) Absorbable Suture in February, 2007 and the Company and its partners have now received five 510(k)'s covering a range of medical devices including sutures, meshes, and films.

For further information about Tepha, please contact Dr. Ajay Ahuja, M.D., Director of Business Development, Tepha, Inc., 99 Hayden Ave, Lexington, MA 02421, tel: 781-357-1700. Email: contact@tepha.com. Or visit: http://www.tepha.com/

Tepha, Inc.

CONTACT: Dr. Ajay Ahuja, M.D., Director of Business Development, Tepha,
Inc., +1-781-357-1700, contact@tepha.com

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

GTSI Recognized as an American Heart Association Start! Fit-Friendly CompanyGTSI Only DC Area Platinum Level Award Winner

CHANTILLY, Va., April 17 /PRNewswire-FirstCall/ -- GTSI Corp.(R) , an enterprise solutions and services provider to government, announced that it has been recognized as a Platinum-Level "Start! Fit-Friendly Company" by the American Heart Association for helping to improve the health of its employees.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070712/GTSILOGO )

At a recent award ceremony, GTSI was honored as the only DC Area Platinum Level award winner. The "Start! Fit-Friendly Company" program is part of the American Heart Association's Start! Program. GTSI has incorporated it into its Wellness Program designed to encourage and promote healthier lifestyles as a continuation of its multiple award-winning Human Capital Management Plan.

"We're delighted to be recognized for our efforts," said Bridget Atkinson, GTSI's Vice President of Human Resources. "The award represents a real team effort, starting with our CEO and the entire executive team that supported and encouraged these activities, to our Human Resources staff who administered the program for our employees. At GTSI one of the byproducts of this activity has been that our health care costs increased slightly, less than one percent year over year, well below the industry average of a seven and eight percent increase."

Key elements of GTSI's recognition include: -- Over half the staff completed the wellness assessment to find out how healthy they were; -- The company created a wellness website where every employee could access all kinds of information regarding healthy lifestyles; and -- The human resources staff promoted the plans and chose employee incentives they believed would increase participation.

"We're looking forward to having more people participate in the program for the coming year," said Ms. Atkinson. "This program not only works for improving employee morale, but also improving the company's bottom line by reducing health care costs and improving employee productivity."

About GTSI Corp.

GTSI Corp. is the first information technology solutions provider offering a Technology Lifecycle Management (TLM) approach to IT infrastructure solutions delivered through industry-leading professional and financial services. GTSI employs a proactive, strategic methodology that streamlines technology lifecycle management, from initial assessment to acquisition, implementation, refresh, and disposal. TLM allows government agencies to implement solutions of national and local significance quickly and cost-effectively. GTSI's certified engineers and project managers leverage strategic partnerships with technology innovators. These experts use proven, repeatable processes to design, deploy, manage, and support simple to complex solutions, to meet governments' current and future requirements and business objectives. GTSI is headquartered in Northern Virginia, outside of Washington, D.C. Further information about the Company is available at http://www.gtsi.com/About.

GTSI and GTSI.com are registered trademarks of GTSI Corp. in the U.S. and other Countries. All trade names are the property of their respective owners.

GTSI Corp.

CONTACT: Paul Liberty, +1-703-502-2540, paul.liberty@gtsi.com, or Fern
Krauss, +1-703-502-2054, or +1-301-424-9140, fern.krauss@gtsi.com, both of
GTSI Corp.

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

VIASPACE Achieving Objectives in Security Sector and Expanding Into New Industries

PASADENA, Calif., April 17 /PRNewswire-FirstCall/ -- VIASPACE Inc. (BULLETIN BOARD: VSPC) today announced the company is advancing on its objectives in the global market for defense and commercial security solutions and targeting additional opportunities in new industries. VIASPACE's Security division is fulfilling key customer contracts, securing additional deals, offering a new line of perimeter security solutions, targeting new industries, and globalizing operations with customers and teaming partners in the United States, Middle East and Asia.

Leveraging proven, highly innovative real-time sensor data fusion and inference engine technology developed by NASA and licensed exclusively to VIASPACE, wholly owned subsidiary VIASPACE Security, Inc. develops solutions for the defense, commercial and homeland security markets worldwide.

VIASPACE Security has teamed with a major radar/IR hardware platform manufacturer in the perimeter security sector to resell and add value to the Area Intrusion Monitoring System (AIMS) family of radar security surveillance solutions. The technology is used to monitor critical infrastructure in airports, seaports, borders, military installations and other sensitive perimeters. VIASPACE is pursuing multiple opportunities to build on the AIMS platform utilizing its SHINE sensor fusion and inference engine technology to create new leading edge perimeter security solutions. The company is engaged with and developing demonstrations for a number of potential customers.

VIASPACE Security is quickly moving forward with short to medium term sales opportunities for these advanced perimeter security solutions. A demonstration unit had been ordered, and the company has added key software and hardware staff to support these efforts. The company is in talks with owners of high profile infrastructure including major international airports, seaports and nuclear power plants and has received interest from the U.S. Armed Forces. VIASPACE is also working with a number of major players in the aerospace and defense industries including companies equivalent in size and systems integration capability to Boeing, Raytheon, Northrop Grumman and SAIC. In January VIASPACE Security received a new blanket purchase agreement from the Inter local Purchasing System (TIPS) and Texas-Arkansas Purchasing System (TAPS), making the company eligible to sell to 1500+ local, regional and state government authorities in Texas and Arkansas. The company is also teaming with Raytheon Company's Network Centric Systems on security and surveillance applications.

VIASPACE Security is currently executing on contracts for key customers. The company has been awarded a contract for IED technology. As announced, VIASPACE Security has been selected to provide the overall software architecture and development of specific algorithms and operational software needed for IED detection in this new program. VIASPACE Security recently fulfilled its Phase II contract from L3 Communications for software architecture, integration of software and hardware and final testing for the Advanced Container Security Device (ACSD) program, which is funded by the US Department of Homeland Security. The container breach detection systems have been delivered and are being tested by DHS. VIASPACE twice received additional funding and expanded its role in Phase II and looks forward to the next phase of the program.

VIASPACE Security is also branching out into new industries. The company recently commissioned a comprehensive market analysis to identify the most prospective and immediate customers and applications for its SHINE technology. Sensor fusion combines large volumes of data and inferences derived from multiple sources and sensors to generate reliable decision-support information in applications where speed, accuracy and ease of deployment are critical. VIASPACE's SHINE sensor fusion inference engine can process 1,500+ billion rules per second on desktop class computer processors-dramatically outperforming other comparable commercial technology-and is the only inference engine small enough to be deployed on a chip.

The market study validated SHINE's value in a wide range of applications including diagnostics and prognostics, factory automation and plant management, onboard automotive sensors, aviation sensors, global positioning systems, mobile devices, gaming, switching and routing systems and medical monitoring. VIASPACE is also working to develop several solutions for major corporations outside the United States, utilizing its increased staff and agents in Asia, the Middle East and elsewhere.

VIASPACE CEO Dr. Carl Kukkonen commented: "Our VIASPACE Security division is working hard to achieve rapid growth. We are successfully executing on our existing defense and homeland security contracts and actively negotiating for others. Adding the AIMS perimeter security platform to our sales arsenal provides VIASPACE with an additional revenue stream, a market-tested platform on which to build game changing perimeter security solutions, and an existing customer base to target. We are also expanding into growing industries where our proprietary inference engine and sensor fusion technologies can provide significant competitive advantage for customers."

Dr. Kukkonen continued: "While we are bound by confidentiality agreements that prevent us from disclosing names and specifics at this time, VIASPACE is engaged with important potential customers and teaming partners in the U.S., Japan, China, Malaysia, Taiwan and the Middle East. We are extremely pleased with the interest and feedback VIASPACE technology solutions have generated among some very major players in the security and other industries and are moving forward to seize these opportunities."

About VIASPACE: Originally founded in 1998 with the objective of transforming proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions that solve today's complex problems, VIASPACE benefits from important patent and software licenses from Caltech, which manages NASA's Jet Propulsion Laboratory. For more information, please visit our website at http://www.viaspace.com/.

This news release includes forward-looking statements. These forward-looking statements relate to future events or our future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Such factors include the risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-KSB, for the fiscal year ended December 31, 2007, as well as general economic and business conditions, the ability to acquire and develop specific projects and technologies, the ability to fund operations, changes in consumer and business consumption habits, and other factors over which VIASPACE has little or no control.

VIASPACE Inc.

CONTACT: investor relations, Dr. Jan Vandersande, Director of
Communications, 1-800-517-8050, IR@VIASPACE.com; or media relations, Dr. Carl
Kukkonen, CEO, +1-626-768-3360, both of VIASPACE Inc.

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

Neonode Inc Continues Expansion with Entry Into Turkish Market

STOCKHOLM, Sweden, April 17 /PRNewswire-FirstCall/ -- Neonode , the Swedish mobile communication company that develops touch screen technologies and designs mobile handsets, today announced it has signed a distribution deal with Turkish Istanbul-based distributor MEP ILETISIM ve Dis Tic. A.S. (MEP) and received an initial order for April.

Turkey is one of Europe's largest mobile phone markets with a GSM subscriber base of 58 million, approximately 10 times the size of the Canadian GSM market, and MEP maintains over 3000 active outlets throughout the country.

MEP has since 1999 been one of the largest distributor of the TeliaSonera (OMX: TLSN) partly owned Turkcell , the dominant operator in Turkey with over 60% market share. MEP had a total turnover of $ 430 million USD in 2007 and represents several other well-known brands such as Motorola, Alcatel, Huawei, and Firefly.

"Given the business network of MEP, Neonode sees a great potential for business opportunities for the coming months," said Per Hellberg, Vice President of Sales at Neonode. "This distribution deal is an important part of our strategy as Neonode adds yet another significant market and we are very happy to work with such a well-regarded distributor."

"We are very excited and feel confident about this innovative phone, as this will be the favorite brand symbolizing quality and the high tech design in the niche market of Turkish telecommunication sector," says Timur Kaya, CEO of MEP.

Timur Kaya continues "With Neonode N2 in our portfolio, MEP will be able to achieve great success in the fashion-oriented section and I believe we can gain a substantial market share in this segment."

For more information: Karin Lehmann, Information Manager Neonode Tel: +46 8 678 18 50 Allen & Caron Inc +1 212 691 8087 Media: Brian Kennedy (brian@allencaron.com) Investors: Rudy Barrio (r.barrio@allencaron.com) About MEP ILETISIM ve Dis Tic. A.S.

MEP's vision is to be the pioneer by offering the latest in technology, service and innovation. This is carried out by incorporating all components of cutting edge marketing activities into its organization. Through its 3000 active customers, MEP has a national reach and holds a strong position in the Turkish market. Since 1999 MEP is an appointed distributor by Turkcell, the most important operator in the region. Today, MEP represents many brands, and among them, strong international brands such as Motorola, Huawei and Alcatel as well as the innovative brand Firefly. With Neonode, MEP targets to claim success in the niche market. The total revenue of MEP exceeded 430 million USD in 2007. For more information, please visit http://www.mep.com.tr/

About Neonode Inc.

Neonode designs and develops intuitive technologies and products. The company's focus is on solutions that increase the user experience of complex or monotonous devices. With offices in Stockholm, Sweden, San Ramon, USA, Shanghai and Hong Kong, China, Neonode Inc. is a publicly traded company with licenses and products sold worldwide through both direct web sales and local distribution partners. Neonode USA, markets Neonode's innovative products within North America, Latin America and China and is the exclusive worldwide licensor of the Neonode Intellectual Property to third parties. Neonode USA's main office is located in New York, USA. For more information, visit http://www.neonode.com/

Forward-Looking Statements

This news release contains certain forward-looking statements that involve risks and uncertainties, including statements regarding future products and technology developments. Such statements are only predictions and the company's actual results may differ materially from those anticipated in these forward-looking statements. Factors that may cause such differences include, but are not limited to, the ability of Neonode to develop and sell new products and technologies. These factors and others are more fully discussed in the documents the company files from time to time with the Securities and Exchange Commission, particularly, the company's most recent Form 10-K and Form 10-Q. Neonode and the Neonode logo are registered trademarks of Neonode Inc. All other brand or product names are trademarks or registered trademarks of their respective holders.

Neonode Inc.

CONTACT: Karin Lehmann, Information Manager of Neonode, +46 8 678 18 50;
or Media: Brian Kennedy, brian@allencaron.com, or Investors: Rudy Barrio,
r.barrio@allencaron.com, both of Allen & Caron Inc, +1-212-691-8087

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

SunPower Reports First-Quarter 2008 ResultsCompany Raises FY 2008 Guidance- Generated first quarter 2008 revenue of $274 million, up 92% year-on-year- Achieved $0.15 GAAP net income share, $0.39 Non-GAAP- Extended VAR dealer network by more than 50 dealers in Germany, Italy and Spain- Expanded relationships to further penetrate both the Japanese and Korean markets- Received silicon from M.Setek and DC Chemical on target

SAN JOSE, Calif., April 17 /PRNewswire-FirstCall/ -- SunPower Corporation today announced financial results for the first quarter 2008, which ended March 30, 2008. This press release contains both GAAP and non-GAAP financial information. Non-GAAP figures are reconciled to the closest GAAP equivalent figures on the final page of this press release. Please note that the company has posted additional, supplemental information related to its first quarter 2008 performance on the Events and Presentations section of the Investor Relations page on the SunPower website.

Revenue for the 2008 first quarter was $273.7 million, up 22% from prior-quarter revenue of $224.3 million and up 92% from year-ago first-quarter revenue of $142.3 million. The Components and Systems segments accounted for 35% and 65% of first-quarter revenue, respectively.

For reporting purposes, the Systems segment generally represents products and services sold directly to the system owner, while the Components segment primarily represents products sold to installers and resellers. Additionally, both SunPower and third-party solar panels sold through the Systems segment channels are recorded as Systems segment revenue.

On a GAAP basis, SunPower reported gross margin of 19.5%, total operating income of $14.8 million and diluted net income per share of $0.15. These figures include non-cash operating expenses for amortization of purchase accounting intangible assets of $4.3 million and non-cash, stock-based compensation of $14.5 million. Additionally, for the three months ended March 30, 2008, GAAP cost of revenue includes $2.2 million of one-time asset impairment charges relating to the discontinuation of our imaging detector product line and $3.3 million for write-offs of certain solar manufacturing equipment which became obsolete due to new processes.

On a non-GAAP basis, adjusted to exclude non-cash charges for amortization of intangible assets, stock-based compensation, asset impairments and equipment write-offs, SunPower reported total gross margin of 24.0%, operating income of $39.1 million and diluted net income per share of $0.39. This compares with prior-quarter non-GAAP gross margin of 25.3%, total operating income of $32.4 million and $0.39 diluted net income per share. The first quarter's non-GAAP gross margin was influenced by a higher mix of revenue from our Systems segment which posted a gross margin of 23.3% for that quarter and our Component segment's 200 basis points sequential improvement over the 2007 fourth quarter gross margin to 25.4%. Our Component segment's gross margin benefitted from higher volume and modestly higher average selling prices. The increase in Components gross margin was tempered by stable silicon costs, rather than expected slightly declining silicon costs, as we secured incremental silicon supply to improve factory linearity in the first and second quarters of 2008. Looking forward to the second quarter, we expect our first meaningful reduction in average silicon cost which will contribute to our estimated 510 to 610 basis point improvement in our Component segment's gross margin.

"Our first quarter performance reflects the value our customers attribute to SunPower's high-performance solar solutions," said Tom Werner, SunPower's CEO. "SunPower's market leadership will continue to be driven through our focus on brand, technology, cost and people. We are building a strong brand based on sound fundamentals: the world's highest performance solar technology, deployed aggressively across the leading global markets using scalable, responsive channel platforms.

"During the first quarter of 2008, SunPower demonstrated the strength of its channel diversification. Our dealer network continued to expand, not only in the United States, but also in three key European markets as well: Germany, Italy and Spain. We now have more than 200 dealers serving residential and commercial rooftop markets globally with a rapidly increasing presence in Europe. In Asia, we expanded our customer footprint with our first volume shipments into Japan and shipment of components to Samsung in Korea. Our vertical integration strategy provides us with the visibility and flexibility to serve a variety of end-markets, responding quickly to both new market opportunities as well as risks.

"SunPower is positioned to meet the needs of the market with industry-leading solar technology across the entire customer spectrum -- from large-scale systems designed for utilities and large commercial clients to homeowners. Our proprietary technology delivers the highest output per unit area of any commercially available solar system and we intend to leverage this technology by aggressively expanding our solar cell production by more than 150% in 2008 compared to 2007. This scale, combined with lower silicon costs, higher efficiencies, thinner wafers and on-going quality and cost improvements in our factories, will drive unit cost reduction. During the first quarter of 2008, we continued to meet or exceed our manufacturing targets across both of our fabs and our panel manufacturing facility. First quarter accomplishments include:

-- The capacity ramp at Fab 2 remains on schedule and is expected to be completed by the end of 2009; -- Almost half of cell production was Gen2 solar cell technology with a minimum conversion efficiency of 22%; -- Conversion from 165 micron to 145 micron wafers remains on schedule with 100% of solar cell lines expected to be using thinner wafers by year-end 2008; -- Silicon utilization improved to 6.3 grams per watt due to higher average solar cell efficiency and thinner wafers; -- The fourth solar panel manufacturing line completed its production ramp allowing the company to produce more than half of its panels in-house; -- The SunPower(R) T20 Tracker manufacturing facility in Spain entered volume production, supporting more than 45 MW of power plant projects currently under construction. The T20 Tracker generates up to 30% more energy than fixed-tilt systems and has been customized for the European market; -- The first European commercial market installation was completed using our non-roof penetrating, rapid assembly SunPower(R) T10 Solar Roof Tile product.

"SunPower has pursued a portfolio strategy for silicon procurement, using a combination of short, intermediate and long-term supply agreements and a variety of incumbent suppliers as well as new entrants. We have not assumed technology risk for new polysilicon refining techniques. Our solar cell and panel manufacturing expansion plans are predicated on risk-adjusted, contracted silicon. We believe that 100% of our projected solar cell production is secured with contracted silicon through 2010."

SunPower's Silicon Supply Agreement Position and Capacity Expansion Plan 2008 2009 2010 Beginning of Year, Nameplate Capacity (megawatts) 214 414 574 Annual Production Capacity Supported by Silicon Agreements to Date (megawatts) 255 450+ 650+

"We expect SunPower's silicon supply costs to decline by approximately 10% during 2008 compared to 2007," continued Werner. "This cost improvement will amplify our silicon utilization benefits achieved through higher cell efficiency and thinner wafers. We are on track to achieve our planned improvements in our cost structure, and therefore we expect to reach our target financial model of 30% gross margin, 10% operating expenses and 20% operating margin, on a non-GAAP basis, no later than the first quarter of 2009. We are also on track to realize our mission of reducing installed systems cost by 50% by 2012.

"Based on the strong demand trends we saw in the first quarter of 2008, we are raising our guidance for the fiscal year 2008 and expect the following non-GAAP results: Total revenue of $1.3 billion to $1.375 billion, diluted net income per share of $2.10 to $2.20. We are also reconfirming our 2009 forecast for total revenue to increase at least 40% from 2008 levels. Consistent with our practice of offering guidance for the current quarter, we expect second quarter of 2008 non-GAAP total revenue of $330 million to $350 million, company non-GAAP gross margin of 23% to 24% and non-GAAP diluted net income per share of $0.48 to $0.52, reflecting a higher non-GAAP average tax rate of 24% to 25% in 2008 as compared to the tax rate in 2007 which ended at 11.0%(1).

"On a business segment basis, we expect the following non-GAAP results for the second quarter 2008: Components segment revenue of $95 million to $100 million, driven by a planned increase in allocation of SunPower panels to the Systems segment, and gross margin of 30.5% to 31.5%; Systems segment revenue of $235 million to $250 million and gross margin of 20% to 21%," said Werner. "We expect the Components segment to benefit from the continued manufacturing ramp of our next-generation technology and lower silicon cost and the Systems segment to benefit from an increase in allocation of SunPower panels to the segment during the quarter(2)."

About SunPower

SunPower Corporation designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com/. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. .

(1) For the full year 2008, we expect the following total company GAAP results: Revenue of $1.3 billion to $1.375 billion and diluted net income per share of $1.10 to $1.20. For the second quarter of 2008, we expect the following total company GAAP results: Revenue of $330 million to $350 million; gross margin of approximately 21 percent to 22 percent and diluted net income per share of $0.24 to $0.28, reflecting a higher GAAP average tax rate of 33% to 34% in 2008.

(2) For the second quarter of 2008, we expect the Components business segment to generate GAAP revenue of $95 million to $100 million and gross margin of approximately 28 percent to 29 percent and the Systems business segment to generate GAAP revenue of $235 million to $250 million and gross margin of approximately 18.5 percent to 19.5 percent.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements that do not represent historical facts. The company uses words and phrases such as "will," "to serve," "to meet," intend," "expected," "believe," "plan," "expect," "to achieve," "to realize," "to increase," and similar expressions to identify forward-looking statements. Forward-looking statements in this press release include, but are not limited to, the company's plans and expectations regarding (a) the company's first meaningful reduction in average silicon cost, during the second fiscal quarter of 2008, contributing to the company's estimated 510 to 610 basis point improvement in Component segment's gross margin; (b) SunPower's market leadership continuing to be driven through the company's focus on brand, technology, cost and people; (c) the company's vertical integration strategy providing visibility and flexibility to serve a variety of end-markets, responding quickly to both new market opportunities as well as risks; (d) the company meeting the needs of the market with industry-leading solar technology across the entire customer spectrum; (e) the company leveraging its proprietary technology by aggressively expanding its solar cell production by more than 150% in 2008 compared to 2007; (f) unit cost reduction being driven by scale, combined with lower silicon costs, higher efficiencies, thinner wafers and on-going quality and cost improvements in the company's factories; (g) capacity ramp at Fab 2 completing by the end of 2009; (h) 100% of solar cell lines using thinner wafers by year-end 2008; (i) 100% of the company's solar cell production being secured with contracted silicon through 2010; (j) the company's future silicon supply expectations and capacity expansion plans, (k) the company's silicon supply costs declining by approximately 10% during 2008 compared to 2007; (l) cost improvements amplifying the company's silicon utilization benefits achieved through higher cell efficiency and thinner wafers; (m) the company's achieving its planned improvements in its cost structure; (n) the company reaching its target financial model of 30% gross margin, 10% operating expenses and 20% operating margin, on a non-GAAP basis, no later than the first quarter of 2009; (o) the company realizing its mission of reducing installed systems costs by 50% by 2012; (p) the company achieving certain GAAP and non-GAAP results, including (1) total revenue and diluted net income per share for fiscal year 2008, (2) total revenue for fiscal year 2009, (3) total revenue, gross margin, and diluted net income per share for the second quarter of fiscal year 2008, (4) the average tax rate for 2008, and (5) Components segment and Systems segment revenue and gross margin for the second quarter of fiscal year 2008; and (q) the Components segment benefiting from the continued manufacturing ramp of the company's next-generation technology and lower silicon cost and the Systems segment benefiting from an increase in allocation of SunPower panels to the segment during the second quarter of fiscal year 2008. These forward-looking statements are based on information available to the company as of the date of this release and management's current expectations, forecasts and assumptions, and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Such risks and uncertainties include a variety of factors, some of which are beyond the company's control. In particular, risks and uncertainties that could cause actual results to differ include (i) the company's ability to obtain a adequate supply of polysilicon, ingots and wafers to manufacture its products and the price it pays for such materials; (ii) business and economic conditions and growth trends in the solar power industry; (iii) the continuation of governmental and related economic incentives promoting the use of solar power; (iv) increases in the available supply of third party solar panels, (v) the continued availability of third-party financing arrangements for the company's customers; (vi) the company's ability to ramp new production lines and realize expected manufacturing efficiencies; (vii) unforeseen manufacturing equipment delays at the company's fabrication facilities and panel factories; (viii) the company's ability to utilize thinner wafers, reduce kerf loss and otherwise achieve anticipated improvements in polysilicon usage efficiency; (ix) production difficulties that could arise; (x) the success of the company's ongoing research and development efforts; (xi) the company's ability to compete with other companies and competing technologies; (xii) the potential renegotiation of or non-performance by parties to the company's supply and customer contracts; (xiii) the price and availability of third-party cells and solar panels; (xiv) liquidated damages or customer refunds for late installations arising on large scale solar projects (xv) unanticipated changes in the mix of balance of systems sales; and (xvi) other risks described in the company's Annual Report on Form 10-K for the year ended December 30, 2007, and other filings with the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the company's views as of any subsequent date, and the company is under no obligation to, and expressly disclaims any responsibility to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Non-GAAP Measures

To supplement the consolidated financial results prepared under GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude items related to stock-based compensation, amortization of intangible assets, impairment of long-lived assets, fair value adjustments to deferred revenue, purchased in-process research and development expenses, write-off of unamortized debt issuance costs, and their related tax effects. Management does not consider these charges in evaluating the core operational activities of SunPower. Management uses these non-GAAP measures internally to make strategic decisions, forecast future results and evaluate SunPower's current performance. Most analysts covering SunPower use the non- GAAP measures as well. Given management's use of these non-GAAP measures, SunPower believes these measures are important to investors in understanding SunPower's current and future operating results as seen through the eyes of management. In addition, management believes these non-GAAP measures are useful to investors in enabling them to better assess changes in SunPower's core business across different time periods. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data and may be different from non-GAAP measures used by other companies.

Fiscal Periods

SunPower operates on a fiscal calendar comprised of four thirteen-week quarters that end at midnight Pacific Time on the Sunday nearest the calendar quarter-end.

SunPower is a registered trademark of SunPower Corp. Cypress is a registered trademark of Cypress Semiconductor Corp. All other trademarks are the property of their respective owners.

SUNPOWER CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) Mar. 30, Dec. 30, 2008 2007 ASSETS Cash and cash equivalents $132,522 $285,214 Restricted cash 123,437 67,887 Investments 101,367 134,503 Accounts receivable, net 159,083 138,250 Costs and estimated earnings in excess of billings 61,675 39,136 Inventories 188,203 140,504 Deferred project costs 7,101 8,316 Prepaid expenses and other assets 88,570 65,084 Advances to suppliers 164,678 161,220 Property, plant and equipment, net 420,124 377,994 Goodwill and other intangible assets, net 245,185 235,630 Total assets $1,691,945 $1,653,738 LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable $152,558 $119,869 Accrued and other liabilities 114,743 105,476 Convertible debt 425,000 425,000 Billings in excess of costs and estimated earnings 28,251 69,900 Customer advances 69,810 69,403 Total liabilities 790,362 789,648 Stockholders' equity 901,583 864,090 Total liabilities and stockholders' equity $1,691,945 $1,653,738 SUNPOWER CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited) THREE MONTHS ENDED Mar. 30, Apr. 1, Dec. 30, 2008 2007 2007 Revenue Systems $178,851 $78,495 $123,912 Components 94,850 63,852 100,431 273,701 142,347 224,343 Cost of systems revenue 143,213 62,443 97,416 Cost of components revenue 77,168 47,479 79,745 220,381 109,922 177,161 Gross margin 53,320 32,425 47,182 Operating expenses: Research and development 4,642 2,936 3,904 Selling, general and administrative 33,858 22,371 32,068 Purchased in-process research and development -- 9,575 -- Total operating expenses 38,500 34,882 35,972 Operating income (loss) 14,820 (2,457) 11,210 Interest and other income (expense), net 2,970 1,139 (3,825) Income (loss) before income taxes 17,790 (1,318) 7,385 Income tax provision (benefit) 5,033 (2,558) 2,509 Net income $12,757 $1,240 $4,876 Net income per share: - Basic $0.16 $0.02 $0.06 - Diluted $0.15 $0.02 $0.06 Shares used in calculation of net income per share: - Basic 78,965 73,732 78,164 - Diluted 83,661 79,126 85,588 (In thousands, except per share data) THREE MONTHS ENDED Mar. 30, Apr. 1, Dec. 30, 2008 2007 2007 (Presented on a GAAP Basis) Gross margin $53,320 $32,425 $47,182 Operating income (loss) 14,820 (2,457) 11,210 Net income per share: -Basic 0.16 0.02 0.06 -Diluted 0.15 0.02 0.06 THREE MONTHS ENDED Mar. 30, Apr. 1, Dec. 30, 2008 2007 2007 (Presented on a non-GAAP Basis)* Gross margin $65,735 $41,577 $56,731 Operating income (loss) 39,134 25,465 32,357 Net income per share: -Basic 0.41 0.32 0.43 -Diluted 0.39 0.29 0.39 About SunPower's Non-GAAP Financial Measures

To supplement its consolidated financial results presented in accordance with GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude non-cash items related to stock- based compensation expenses, amortization of intangibles, impairment of long- lived assets, fair value adjustments to deferred revenue, purchased in-process research and development expenses, write-off of unamortized debt issuance costs, and their related tax effects. The non-GAAP adjustments included herein are primarily the result of our acquisition of SunPower Corporation, Systems or SP Systems (formerly known as PowerLight Corporation) on January 10, 2007. The specific non-GAAP measures listed below are gross margin, operating income and net income per share. Management believes that each of these non-GAAP measures (gross margin, operating income and net income per share) are useful to investors by enabling them to better assess changes in each of these key elements of SunPower's results of operations across different reporting periods on a consistent basis, independent of these non- cash items. Thus, each of these non-GAAP financial measures provides investors with another method for assessing SunPower's operating results in a manner that is focused on its ongoing core operating performance, absent the effects of purchase accounting, stock-based compensation charges, impairment of long- lived assets and write-off of unamortized debt issuance costs. Management also uses these non-GAAP measures internally to assess the business and financial performance of current and historical results, for strategic decision making, forecasting future results and evaluating the Company's current performance. Many of the analysts covering SunPower also use these non-GAAP measures in their analyses. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data, the non-GAAP results should be reviewed together with the GAAP results and are not intended to serve as a substitute for results under GAAP, and may be different from non-GAAP measures used by other companies.

o Non-GAAP gross margin. The use of this non-GAAP financial measure allows management to evaluate the gross margin of the company's core businesses and trends across different reporting periods on a consistent basis, independent of non-cash items including stock-based compensation expenses, amortization of intangibles, impairment of long-lived assets and fair value adjustments to deferred revenue. In addition, it is an important component of management's internal performance measurement process as it is used to assess the current and historical financial results of the business, for strategic decision making, preparing budgets and forecasting future results. Management presents this non-GAAP financial measure to enable investors and analysts to evaluate our revenue generation performance relative to the direct costs of revenue of SunPower's core businesses. o Non-GAAP operating income. The use of this non-GAAP financial measure allows management to evaluate the operating results of the Company's core businesses and trends across different reporting periods on a consistent basis, independent of non-cash items including stock-based compensation expenses, amortization of intangibles, impairment of long-lived assets, and all other purchase accounting charges. In addition, it is an important component of management's internal performance measurement process as it is used to assess the current and historical financial results of the business, for strategic decision making, preparing budgets and forecasting future results. Management presents this non-GAAP financial measure to enable investors and analysts to understand the results of operations of the Company's core businesses and to compare our results of operations on a more consistent basis against that of other companies in our industry. o Non-GAAP net income per share. Management presents this non-GAAP financial measure to enable investors and analysts to assess the Company's operating results and trends across different reporting periods on a consistent basis, independent of non-cash items including stock-based compensation expenses, amortization of intangibles, impairment of long-lived assets, write-off of unamortized debt issuance costs, all other purchase accounting charges and the tax effects of these non-GAAP adjustments. In addition, investors and analysts can compare the Company's operating results on a more consistent basis against that of other companies in our industry. Non-Cash Items o Stock-based compensation. Stock-based compensation relates primarily to SunPower stock awards such as stock options and restricted stock. Stock-based compensation is a non-cash expense that varies in amount from period to period and is dependent on market forces that are difficult to predict. As a result of this unpredictability, management excludes this item from its internal operating forecasts and models. Management believes that non-GAAP measures adjusted for stock-based compensation provide investors with a basis to measure the company's core performance against the performance of other companies without the variability created by stock-based compensation. o Amortization of intangibles. SunPower incurs amortization of intangibles as a result of Cypress acquiring the company in November 2004, in which Cypress' cost of purchased technology, patents, trademarks and a distribution agreement is reflected in our financial statements. In addition, SunPower incurs amortization of intangibles as a result of our acquisitions, which includes purchased technology such as existing technology, patents, brand names and trademarks. SunPower excludes these items because these expenses are not reflective of ongoing operating results in the period incurred. These amounts arise from prior acquisitions and have no direct correlation to the operation of SunPower's core businesses. o Impairment of long-lived assets. SunPower incurred an impairment of long-lived assets in the first quarter of fiscal 2008, which relates to the discontinuation of our imaging detector product line and for the write-off of certain solar manufacturing equipment which became obsolete due to new processes. SunPower excluded this item because the expense is not reflective of its ongoing operating results in the period incurred. Excluding this data provides investors with a basis to compare the company's performance against the performance of other companies without non-cash expenses such as impairment of long-lived assets. o Purchase accounting charges. Purchase accounting charges as a result of prior acquisitions include: (1) amortization of intangibles, which includes purchased technology related to acquisitions such as existing technology, patents, brand names and trademarks; (2) fair value adjustments to deferred revenue, which is an acquisition-related adjustment that results in certain revenues never being recognized under GAAP by either the acquiring company or the company being acquired and (3) purchased in-process research and development expenses, which relates to projects in process as of the acquisition date that have not reached technological feasibility and are immediately expensed. These acquisition-related charges are not factored into management's evaluation of potential acquisitions or its performance after completion of acquisitions, because they are not related to our core operating performance, and the frequency and amount of such charges can vary significantly based on the size and timing of acquisitions and the maturities of the businesses being acquired. Excluding this data provides investors with a basis to compare SunPower's performance against the performance of other companies without the variability caused by purchase accounting. o Write-off of unamortized debt issuance costs. The market price trigger condition was met for our senior convertible debentures in late December 2007, giving holders of the convertible debt the right to convert the convertible debt in the first quarter of fiscal 2008. As a result, SunPower accelerated the amortization of deferred debt issuance costs. Excluding this non-cash charge provides investors with a basis to compare SunPower's period-over-period operating results because the charge is not reflective of SunPower's historical results or its expected future expenses after such costs were fully amortized on January 2, 2008. o Tax effect. This amount is used to present each of the amounts described above on an after-tax basis with the presentation of non-GAAP net income per share.

For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliations of GAAP results of operations measures to non-GAAP measures" set forth at the end of this release and which should be read together with the preceding financial statements prepared in accordance with GAAP.

SUNPOWER CORPORATION RECONCILIATIONS OF GAAP MEASURES TO NON-GAAP MEASURES (Unaudited) (In thousands, except per share data) STATEMENT OF OPERATIONS DATA: THREE MONTHS ENDED Mar. 30, Apr. 1, Dec. 30, 2008 2007 2007 GAAP gross margin $53,320 $32,425 $47,182 Fair value adjustment to deferred revenue -- 833 -- Amortization of intangible assets 3,212 6,069 6,185 Stock-based compensation expense 3,714 2,250 3,364 Impairment of long-lived assets 5,489 -- -- Non-GAAP gross margin $65,735 $41,577 $56,731 GAAP operating income (loss) $14,820 $(2,457) $11,210 Fair value adjustment to deferred revenue -- 833 -- Amortization of intangible assets 4,317 6,911 7,132 Stock-based compensation expense 14,508 10,603 14,015 Impairment of long-lived assets 5,489 -- -- Purchased in-process research and development -- 9,575 -- Non-GAAP operating income $39,134 $25,465 $32,357 NET INCOME PER SHARE: THREE MONTHS ENDED Mar. 30, Apr. 1, Dec. 30, 2008 2007 2007 Basic: GAAP net income per share $0.16 $0.02 $0.06 Reconciling items: Stock-based compensation expense 0.18 0.15 0.18 Impairment of long-lived assets 0.07 -- -- Purchase accounting: Fair value adjustment to deferred revenue -- 0.01 -- Amortization of intangible assets 0.06 0.09 0.09 Purchased in-process research and development -- 0.13 -- Write-off of unamortized debt issuance costs 0.01 -- 0.11 Tax effect (0.07) (0.08) (0.01) Non-GAAP net income per share $0.41 $0.32 $0.43 Diluted: GAAP net income per share $0.15 $0.02 $0.06 Reconciling items: Stock-based compensation expenses 0.18 0.12 0.16 Impairment of long-lived assets 0.07 -- -- Purchase accounting: Fair value adjustment to deferred revenue -- 0.01 -- Amortization of intangible assets 0.05 0.09 0.08 Purchased in-process research and development -- 0.12 -- Write-off of unamortized debt issuance costs 0.01 -- 0.10 Tax effect (0.07) (0.07) (0.01) Non-GAAP net income per share $0.39 $0.29 $0.39 Shares used in calculation of GAAP net income per share: - Basic 78,965 73,732 78,164 - Diluted 83,661 79,126 85,588 Shares used in calculation of non-GAAP net income per share: -Basic 78,965 73,732 78,164 -Diluted 83,661 79,126 85,588

The following supplemental data represents the individual charges and credits that are excluded from SunPower's non-GAAP financial measures for each period presented in the Condensed Consolidated Statements of Operations contained herein.

SUPPLEMENTAL DATA (In thousands) THREE MONTHS ENDED March 30, 2008 Selling Other Interest Research general Aqui- and Income Gross Margin and and sition other tax Compo- develo- admini- Related income, provision Systems nents pment strative Charges net (benefit) Amortization of intangible assets $2,168 $1,044 $ -- $1,105 $-- $-- $-- Stock-based compensation expense 2,511 1,203 811 9,983 -- -- -- Impairment of long-lived assets 1,343 4,146 -- -- -- -- -- Write-off of unamortized debt issuance costs -- -- -- -- -- 972 -- Tax effect -- -- -- -- -- -- (5,483) $6,022 $6,393 $811 $11,088 $-- $972 $(5,483) April 1, 2007 Selling Other Interest Research general Aqui- and Income Gross Margin and and sition other tax Compo- develo- admini- Related income, provision Systems nents pment strative Charges net (benefit) Fair value adjustment to deferred revenue $833 $-- $-- $-- $-- $-- $-- Amortization of intangible assets 4,946 1,123 -- 842 -- -- -- Stock-based compensation expense 1,997 253 501 7,852 -- -- -- Purchased in-process research and development -- -- -- -- 9,575 -- -- Tax effect -- -- -- -- -- -- (5,884) $7,776 $1,376 $501 $8,694 $9,575 $-- $(5,884) December 30, 2007 Selling Other Interest Research general Aqui- and Income Gross Margin and and sition other tax Compo- develo- admini- Related income, provision Systems nents pment strative Charges net (benefit) Amortization of intangible assets $4,788 $1,397 $-- $947 $-- $-- $-- Stock-based compensation expense 1,952 1,412 564 10,087 -- -- -- Write-off of unamortized debt issuance costs -- -- -- -- -- 8,260 -- Tax effect -- -- -- -- -- -- (993) $6,740 $2,809 $564 $11,034 $-- $8,260 $(993)

SunPower Corporation

CONTACT: Bob Okunski, +1-408-240-5447, or Manny Hernandez,
+1-408-240-5560, both of SunPower Corporation

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

Landauer, Inc. Sets Date and Time for Announcement of Fiscal Second Quarter 2008 Results

GLENWOOD, Ill., April 17 /PRNewswire-FirstCall/ -- Landauer, Inc. , will release financial results for the fiscal second quarter of 2008 pre-market on Tuesday, April 29, 2008.

The company will host a conference call for investors on Tuesday, April 29, 2008, at 2:00 p.m. Eastern Time. Investors may access the live call by dialing 800-240-2134 (within the United States and Canada), or 303-262-2130 (international callers), or by visiting the "Investors" page on the company's website at http://www.landauerinc.com/. Please log on to the website at least 15 minutes early to register, download and install any necessary audio software.

Investors may access a replay of the call by dialing 800-405-2236 (within the United States and Canada), or 303-590-3000 (international callers), passcode 11113068#, which will be available through Thursday, May 29, 2008. The replay will also be available on Landauer's website for 90 days following the call.

About Landauer

Landauer is the leading provider of analytical services to determine occupational and environmental radiation exposure. For more than 50 years, the Company has provided complete radiation dosimetry services to hospitals, medical and dental offices, universities, national laboratories, and other industries in which radiation poses a potential threat to employees. Landauer's services include the manufacture of various types of radiation detection monitors, the distribution and collection of the monitors to and from clients, and the analysis and reporting of exposure findings.

For the latest news releases and other corporate documents on Landauer Inc., visit http://www.landauerinc.com/

Landauer, Inc.

CONTACT: Jonathon Singer, Senior Vice President, Chief Financial Officer
of Landauer, Inc., +1-708-441-8311

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

Excitement Continues to Build for Interwoven GearUp 2008Extensive Line Up of Customer Speakers, Exclusive CIO Magazine Survey Results Enrich Content Offerings

SAN JOSE, Calif., April 17 /PRNewswire-FirstCall/ -- Interwoven, Inc. , a global leader in content management solutions, expects record customer, partner and total attendance at Interwoven GearUp 2008 -- taking place on April 22-24, 2008 at the Marriott Hotel in San Francisco. GearUp 2008 is the world's only global conference focused on content. For detailed information, or to register for the event, please visit http://www.interwoven.com/gearup.

(Logo: http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO)

Interwoven's 7th annual GearUp 2008 will feature more than 50 customer speakers across 90 track sessions, over 50 partners exhibiting in the Partner Network Pavilion, and a total attendance expected to reach 1,000 participants.

Customers presenting at GearUp 2008 will share their experiences of using Interwoven to unlock the value of content as part of the 90 panels, breakout sessions and seminars available. Presentation topics will include "Maximizing Online Business Performance," "Making the Most of Search Marketing Investments," "Powering Online Lead Generation Programs with Multivariable Optimization," "Marketing Asset Management," "Information Management Strategy for the Professional Services Firm of the Future," and "Enabling Global Search Across the Firm."

In addition to the massive customer representation at GearUp 2008, the content available will be bolstered by an all-star lineup of keynote speakers including Tim Ferriss, best-selling author of The 4-Hour Workweek, Guy Kawasaki, managing director of Garage Technology Ventures, Robert X. Cringely, tech columnist and PBS personality, and Suresh Vittal, a senior analyst at Forrester.

"I am thrilled that so many of our customers are taking an active role in presenting their Interwoven success stories at GearUp 2008," said Ben Kiker, chief marketing officer at Interwoven. "Many of these customers represent brands that drive the global economy and have invaluable insight to share on how they are unlocking the value of content to achieve powerful business results. Between the firsthand knowledge our customers will share and the revolutionary ideas our keynote speakers will explore, I predict GearUp attendees will walk away with an expansive arsenal of business strategies they can implement immediately."

Customers presenting include: adidas, Blue Shield of California; Blue Cross Blue Shield of Massachusetts; BT; Clear Channel Outdoor, CXO Media, Education Management Corporation; Ehrhardt, Keefe, Steiner and Hottman PC; General Mills; Loma Linda University Medical Center; Lowenstein Sandler PC; Snell & Wilmer L.L.P.; Tesco; TrueCredit; Wilson Sonsini Goodrich & Rosati; and Winthrop & Weinstine, P.A.

At least one highly anticipated announcement expected to shift the dialogue will take place at GearUp 2008. Bob Melk, Publisher of CIO Magazine, is scheduled to unveil the results of its recent survey of 100 chief marketing officers and chief information officers from Fortune 500 companies for the first time at GearUp 2008.

"The decision by CIO Magazine to announce the results of its recent survey on the CIO/CMO relationship at GearUp 2008 is both an honor and a perfect fit," said Kiker. "Interwoven is committed to bridging the gap between chief marketing and chief information officers -- two positions that, when aligned, have a tremendous ability to leverage content to positively impact the momentum of their companies. The data shared by CIO Magazine will help illuminate both the pain points and positive growth signs of these relationships, and will make our topical discussions at GearUp even more valuable and relevant."

Melk will present at the GearUp Executive Summit -- an exclusive gathering of senior-level marketing and information technology executives running parallel to GearUp. The Executive Summit, taking place on April 21-23, 2008 will also feature speakers such as Terry Jones, Founder of Travelocity; Jim Sterne, President of Target Marketing; Laura Patterson, President and Co-Founder of VisionEdge Marketing; Bob Steelhammer, Sr. Vice President of Global eCommerce, Premier Farnell; and Deb Eastman, Chief Marketing Officer of Satmetrix.

Record-breaking partner support of GearUp 2008 -- where over 50 companies have signed up to exhibit in the Partner Network Pavilion, participate in track sessions, and network with customers -- is also helping to make GearUp a "must attend" event for professionals in online marketing, document management, and the professional services industries.

Attendee Registration

To register for the Interwoven GearUp 2008 Conference and find out more about this year's speakers, view breakout session samples, and see what else the conference agenda has to offer, please visit http://www.interwoven.com/gearup.

About Interwoven

Interwoven is a global leader in content management solutions. Interwoven's software and services enable organizations to maximize online business performance and organize, find, and govern business content. Interwoven solutions unlock the value of content by delivering the right content to the right person in the right context at the right time. Over 4,200 of the world's leading companies, professional services firms, and governments have chosen Interwoven, including adidas, Airbus, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Qantas Airways, Tesco, Virgin Mobile, and White & Case. Over 20,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit http://www.interwoven.com/.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Interwoven, Inc.

CONTACT: Danielle Hamel of Interwoven, Inc., +1-408-953-7251,
dhamel@interwoven.com

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

Zilog's New Zdots(TM) Embedded Module Solutions Enable Rapid Embedded Application DevelopmentSingle Board Computer Products Speed Proof-of-Concept Designs, Seamlessly Drop Into Production Systems, Streamlining Time-to-Market and Slashing BOM Costs

SAN JOSE, Calif., April 17 /PRNewswire-FirstCall/ -- EMBEDDED SYSTEMS CONFERENCE -- Zilog, Inc. a leading supplier of 8-, 16- and 32-bit embedded Flash microcontrollers, universal remote control and ARM(R) core-based solutions today announced its innovative new Zdots(TM) modules. These single-board computer (SBC) solutions enable rapid development and deployment of embedded systems. The peripheral-rich Zdots(TM) SBC streamlines embedded application development for a multitude of applications that include industrial control, IrDA connectivity, communication, security, automation, secure transactions, and embedded networking applications.

The Zdots(TM) module solution cuts time to market and BOM costs by providing a flexible, robust foundation that serves as the ideal platform for products designed using Zilog's extensive catalog of ASSPs, flash MCUs, and universal remote control solutions.

"This is rocket fuel for design engineers," stated Keith Bladen, vice president of marketing, Zilog. "We have tried to stay focused on helping embedded design engineers and their companies get better products to market faster than their competitors. "Time and time again, however, we've heard our customers tell us that fast isn't fast enough. They have to launch products almost overnight -- at the lowest possible BOM cost. So we created the Zdots(TM) SBC solution. It's rocket fuel for today's embedded design applications."

The Zdots(TM) SBC rapid embedded application development solution is available today for the eZ80AcclaimPlus!(TM) family of ASSP's. The high-performance connectivity ASSP provides design engineers with 16-bit performance in an 8-bit footprint. In addition, Zilog has developed an extensive roadmap of Zdots(TM) modules for targeted applications. The company plans to roll out new Zdots(TM) solutions with its other product families starting in the second quarter of 2008.

"Our customers rely on us for complete solutions," said Michelle Leyden Li, Zilog's director of worldwide product marketing, Zilog. "What's so powerful about the Zdots(TM) solution is that a developer can quickly create a proof-of-concept prototype, refine it, and then drop the finished design into a production system. With the Zdots(TM) solution, when you're done with design, you have the working product."

About Zilog, Inc.

Founded in 1974, Zilog is a global supplier of 8, 16 and 32-bit microcontroller and microprocessor "system-on-a-chip" (SoC) solutions that allow design engineers the freedom and creativity required for continued innovation in embedded design. The company won international acclaim for designing one of the first architectures in the microprocessors and microcontrollers industry. Today, Zilog designs, develops and markets a broad portfolio of devices for embedded control and communication applications used in consumer electronics, home appliances, security systems, point of sales terminals, personal computer peripherals, as well as industrial and automotive applications. Zilog is headquartered in San Jose, California, and employs approximately 500 people worldwide with sales offices throughout Asia, Europe and North America. For more information about Zilog and its products, visit the Company's website at: http://www.zilog.com/.

Zilog, eZ80Acclaim!, eZ80AcclaimPlus! and Zdots are trademarks or registered trademarks of Zilog, Inc. in the United States and in other countries. ARM is a registered trademark of ARM Limited in the EU and other countries.

CONTACT: Stew Chalmers 818-681-3588 stew@positio.com

Zilog, Inc.

CONTACT: Stew Chalmers, +1-818-681-3588, stew@positio.com, for Zilog,
Inc.

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

Motorola First-Quarter 2008 Earnings Results to be Issued on 24 AprilPresentation by Executives Following Earnings Release to be Webcast

SCHAUMBURG, Ill., April 17 /PRNewswire-FirstCall/ -- Motorola, Inc. first-quarter results are scheduled to be issued at approximately 6:00 a.m. Central Time (USA) on Thursday, 24 April. Motorola will host its quarterly conference call with financial analysts following the earnings release at 7:00 a.m. Central Time (USA) on 24 April. The conference call will be webcast live with audio and slides at http://www.motorola.com/investor.

A replay of the conference call will be available over the Internet at http://www.motorola.com/investor, approximately three hours after the call has been completed.

About Motorola

Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.

Photo: http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGO
http://www.newscom.com/cgi-bin/prnh/20020415/MOTNOTAGLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Motorola, Inc.

CONTACT: media, Jennifer Erickson, +1-847-435-5320,
Jennifer.erickson@motorola.com, or investors, Dean Lindroth, +1-847-576-6899,
Dean.lindroth@motorola.com, both of Motorola, Inc.

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

Motorola Simplifies RFID Deployments With New High-Performance ReaderXR450 RFID Reader Offers Greater Flexibility with Increased Functionality and Security

LAS VEGAS, April 17 /PRNewswire-FirstCall/ -- RFID Journal Live! (Booth #630) -- The Enterprise Mobility business of Motorola, Inc. today announced the new Motorola XR450, an industrial-class fixed radio-frequency identification (RFID) reader featuring both bi- and mono-static antenna ports on one platform to protect RFID investments and decrease deployment complexities. This new two-in-one solution provides an ideal high-performance RFID reader for both item-level tracking and more demanding supply chain applications.

The XR450 is Motorola's latest version of its best-selling XR family of RFID fixed reader products and includes new management software and enhanced security features like SSH and SSL support to protect information as it moves across external network interfaces. Additionally, custom applications can be built and hosted on the device, offering the flexibility customers need to accurately read RFID tags in varying environments. The XR family of fixed RFID readers currently supports deployments around the world, including in many countries throughout the European Union, North and South America and Asia. With the release of the XR450, Motorola now adds certification and country support for both China and South Korea.

"From the retail store to airline baggage carousels and within closed-loop warehouse environments, Motorola's versatile XR450 fixed RFID reader is an ideal platform to gain inventory visibility and recognize business process efficiencies across the entire supply chain," said Joe White, vice president of business development and marketing for RFID, Motorola Enterprise Mobility business. "This advanced platform showcases Motorola's long-standing heritage in the radio industry and its commitment to serving customers with the latest technological advancements to help them extend business intelligence to the edge of their enterprise."

The uniquely designed XR450 RFID reader offers customers the ability to select between using four bi-static ports that require dual antennas or four mono-static ports that require only one antenna for transmitting or receiving tag data. Mono-static ports are ideal for real-time item-level tracking, application processing and management, such as in postal tracking or reading pallets of goods at retail stores. Businesses can use the bi-static ports for the highest possible performance in the most challenging RF environments. The inclusion of both mono- and bi-static ports in a single platform allows customers to purchase one reader with the opportunity to utilize either port option -- providing greater flexibility to adapt the reader to the intended application and environmental needs.

"The introduction of the XR450 adds depth to the Motorola RFID product suite which is already the most diverse in the industry," said Michael Lowry, president of Lowry Computer Products. "With a mono-static RFID reader option, the total cost of ownership for enterprise RFID applications for our customers has drastically decreased, opening the market to a new class of end-users."

The XR450 RFID reader is certified to run on both Microsoft Biz Talk Server 2006 R2 and IBM Premises Websphere 6.0 and 6.1. It also supports Microsoft .NET Compact Framework 2.0 for hosting customer applications directly on the reader.

"By using Biz Talk Server in conjunction with the Motorola XR450 fixed RFID reader, it will be easier than ever for customers to connect real-time business processes that include RFID data," said Steve Sloan, lead product manager, Microsoft Corp. "Together, these products will play a key role in enabling the continued growth and broad adoption of RFID solutions."

The new Motorola XR450 fixed RFID reader is expected to ship beginning in July 2008.

About Motorola

Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.

MOTOROLA and the stylized M Logo are registered in the US Patent & Trademark Office. All other product or service names are the property of their respective owners. (C) Motorola, Inc. 2008. All rights reserved.

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PRN Photo Desk, photodesk@prnewswire.com Motorola, Inc.

CONTACT: Bill Abelson of Motorola Enterprise Mobility,
+1-631-738-4751, bill.abelson@motorola.com

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

Nova Measuring Instruments Schedules 2008 First Quarter Results Conference Call for May 5, 2008 at 10:00 am EDT

REHOVOT, Israel, April 17 /PRNewswire-FirstCall/ -- Nova Measuring Instruments Ltd. , provider of leading-edge stand-alone metrology and the market leader of integrated metrology solutions to the semiconductor process control market, announced that it will release its results for the first quarter of 2008 before the market opens on May 5, 2008. In conjunction with this release, Nova will host a conference call later that same day at 10:00 am Eastern Time.

Mr. Gabi Seligsohn, President and Chief Executive Officer, and Mr. Dror David, Chief Financial Officer will review and discuss the results as well as other business developments, and will be available to answer questions.

To participate, please call one of the following teleconferencing numbers. Please begin by placing your calls 5 minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.

U.S. Dial-in Number: 1-888-281-1167 ISRAEL Dial-in Number: 03-918-0620 INTERNATIONAL Dial-in Number: +972-3-918-0620 At: 10:00 a.m. Eastern Time 7:00 a.m. Pacific Time 5:00 p.m. Israeli Time

The conference call will also be webcast live from a link on Nova's website at http://www.nova.co.il/.

For those unable to participate in the conference call, there will be a replay available the day following the call on Nova's website at http://www.nova.co.il/.

About Nova: Nova Measuring Instruments Ltd. develops, produces and markets advanced integrated and stand alone metrology solutions for the semiconductor manufacturing industry. Nova is traded on the NASDAQ & TASE under the symbol NVMI. The Company's website is http://www.nova.co.il/.

Company Contact: Investor Relations Contacts: Dror David, Chief Financial Officer Ehud Helft / Kenny Green Nova Measuring Instruments Ltd. GK Investor Relations Tel: +972-8-938-7505 Tel: +1-646-201-9246 E-mail: info@nova.co.il E-mail: info@gkir.com

Nova Measuring Instruments Ltd

CONTACT: Company Contact: Dror David, Chief Financial Officer, Nova
Measuring Instruments Ltd., Tel: +972-8-938-7505, E-mail: info@nova.co.il;
Investor Relations Contacts: Ehud Helft / Kenny Green, GK Investor Relations,
Tel: +1-646-201-9246, E-mail: info@gkir.com

MTS Announces Subscriber Growth Numbers for March 2008

MOSCOW, April 17 /PRNewswire-FirstCall/ -- Mobile TeleSystems OJSC ("MTS") , the largest mobile phone operator in Russia and the CIS, announces that its consolidated subscriber base reached 84.94 million users on March 31, 2008.

During March 2008, MTS' consolidated subscriber base increased by 1.06 million subscribers.

Subscribers (mln) Mar 31, Feb 29, Growth Mar 31, Growth 2008 2008 Subs % 2007 Subs % Total consolidated subscribers, end of period 84.94 83.88 1.06 1.3% 74.16 10.78 14.5% Russia 59.90 59.07 0.83 1.4% 51.50 8.40 16.3% Moscow and the Moscow region 13.95 13.87 0.08 0.6% 11.50 2.45 21.3% St. Petersburg and the Leningrad region 2.88 2.86 0.02 0.8% 2.61 0.27 10.4% Rest of Russia 43.06 42.35 0.71 1.7% 37.39 5.67 15.2% Ukraine 19.61 19.67 -0.06 -0.3% 20.75 -1.14 -5.5% Uzbekistan 3.56 3.34 0.22 6.4% 1.70 1.86 109.2% Turkmenistan 0.47 0.40 0.07 15.6% 0.20 0.27 132.9% Armenia 1.42 1.39 0.03 1.7% - - - MTS Belarus[1] 3.94 3.90 0.04 1.2% 3.37 0.57 16.9%

Mobile TeleSystems OJSC ("MTS") is the largest mobile phone operator in Russia and the CIS. Together with its subsidiaries, the Company services over 84.94 million subscribers. The regions of Russia, as well as Armenia, Belarus, Turkmenistan, Ukraine, and Uzbekistan, in which MTS and its associates and subsidiaries are licensed to provide GSM services, have a total population of more than 230 million. Since June 2000, MTS' Level 3 ADRs have been listed on the New York Stock Exchange (ticker symbol MBT). Additional information about MTS can be found on MTS' website at http://www1.mtsgsm.com/.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of MTS, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," and the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. We refer you to the documents MTS files from time to time with the U.S. Securities and Exchange Commission, specifically the Company's most recent Form 20-F. These documents contain and identify important factors, including those contained in the section captioned "Risk Factors" that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, potential fluctuations in quarterly results, our competitive environment, dependence on new service development and tariff structures, rapid technological and market change, acquisition strategy, risks associated with telecommunications infrastructure, risks associated with operating in Russia and the CIS, volatility of stock price, financial risk management and future growth subject to risks.

[1] MTS owns a 49% stake in Mobile TeleSystems LLC, a mobile operator in Belarus, which is not consolidated.

For further information, please contact: Mobile TeleSystems, Moscow Investor Relations Tel: +7-495-223-2025 E-mail: ir@mts.ru

Mobile TeleSystems OJSC

CONTACT: For further information, please contact: Mobile TeleSystems,
Moscow Investor Relations, Tel: +7-495-223-2025, E-mail: ir@mts.ru

Media General Reports March 2008 Revenues

RICHMOND, Va., April 17 /PRNewswire-FirstCall/ -- Media General, Inc. today released its monthly revenues report for March 2008. Total company revenues were $62.8 million, compared with $72.2 million in March 2007. The year-over-year decline was primarily attributable to lower Publishing Division revenues, driven mostly by continued weakness in Classified advertising, especially in the Tampa market. In the Broadcast Division, increased Political advertising revenues partially offset lower Local and National time sales. In the Interactive Media Division, higher Local and National/Regional advertising more than offset a decline in Classified advertising.

Publishing Division

Publishing Division revenues in March 2008 declined 19.8 percent compared with March 2007. Excluding Florida, Publishing Division total revenues in March were down 14 percent, and revenues in Virginia, North Carolina and all other states decreased 16.1 percent, 10.8 percent, and 8.8 percent, respectively, while revenues in Florida declined 30.8 percent.

Classified advertising revenues decreased $4.5 million, or 28.4 percent, driven mostly by shortfalls in the Tampa market, and to a lesser degree in Richmond. For the company's three metro markets combined, real estate revenues were down 42 percent, employment revenues decreased 40 percent and automotive revenues declined 32 percent.

Retail advertising revenues declined $2.8 million, or 15 percent, primarily due to lower spending in Tampa in the home improvement, furniture, department store and financial categories. National revenues decreased $1.2 million, or 33.7 percent, as a result of lower advertising for telecommunications, travel and automotive categories in the Tampa market. Circulation revenues decreased $300,000, reflecting Daily and Sunday net-paid circulation volume declines.

Broadcast Division

Gross time sales decreased 5.7 percent, as a result of lower Local and National time sales, partially offset by Political advertising revenues of $555,000. The March 2008 Political revenues were generated from presidential campaign spending at the company's NBC stations in Ohio and Rhode Island, as well as gubernatorial primary spending in North Carolina, U.S. Congressional races in Mississippi, and issue spending in Florida and Ohio.

Local time sales declined $920,000, or 5.5 percent, primarily from lower furniture store, fast food and automotive advertising, partially offset by higher spending in the medical category. National time sales declined $1 million, or 9.7 percent, as a result of decreased advertising in the automotive and entertainment categories.

Interactive Media Division

In the Interactive Media Division, higher Local and National/Regional advertising revenues more than offset lower Classified advertising. A year-over-year increase in revenues from the company's Yahoo!HotJobs partnership helped mitigate the Classified revenue decline.

Local online revenues increased 47.5 percent over March 2007, reflecting continued solid growth in direct sales. National/Regional advertising rose nearly 64 percent, resulting from higher spending by national agencies.

Page views and visitor sessions increased 22.9 percent and 34.3 percent, respectively, driven by an aggressive "Web-First" focus on breaking news stories, weather events and other information on all company Web sites. In March, TBO.com in Tampa generated a 37.4 percent year-over-year increase in page views, driven by this initiative.

About Media General

Media General is a leading provider of local news, information and entertainment over multiple media platforms. The company serves markets primarily in the Southeastern United States. Media General publishes 25 daily newspapers, including The Tampa Tribune, Richmond Times-Dispatch, and Winston-Salem Journal; and community newspapers in Virginia, North Carolina, Florida, Alabama and South Carolina; plus approximately 275 weekly newspapers and other targeted publications. The company owns and operates 23 network-affiliated television stations that reach more than 32 percent of the television households in the Southeast and nearly 9.5 percent of those in the United States. The company's interactive media operations include Web sites and portals that are associated with each of its newspapers and television stations as well as with many specialty publications, and two growing interactive advertising services companies, Blockdot, Inc. and DealTaker.com.

MEDIA GENERAL, INC. Revenues and Page Views March 2008 2007 % Change Revenues (000) Publishing $35,820 $44,660 (19.8)% Broadcast 24,769 25,341 (2.3)% Interactive Media 2,717 2,701 0.6 % Eliminations (501) (517) 3.1 % ------------------------------- Total Revenues $62,805 $72,185 (13.0)% =============================== Discontinued Operations(1) $2,893 $2,809 3.0 % =============================== Selected Publishing Revenues by Category (000) Classified $11,371 $15,887 (28.4)% Retail 15,541 18,294 (15.0)% National 2,310 3,483 (33.7)% Other 465 559 (16.8)% ------------------------------- Total Advertising $29,687 $38,223 (22.3)% =============================== Circulation $4,925 $5,228 (5.8)% =============================== Broadcast Time Sales (gross) (000) Local $15,664 $16,581 (5.5)% National 9,373 10,385 (9.7)% Political 554 177 213.0 % ------------------------------- Total Time Sales $25,591 $27,143 (5.7)% =============================== Selected Online Total Page Views Total Web Sites 61,086,359 49,692,301 22.9 % (Excluding Blockdot) Year-to-Date 2008 2007 % Change Revenues (000) Publishing $113,590 $136,335 (16.7)% Broadcast 74,731 75,637 (1.2)% Interactive Media 7,667 7,926 (3.3)% Eliminations (1,524) (1,634) 6.7 % -------------------------------- Total Revenues $194,464 $218,264 (10.9)% ================================ Discontinued Operations(1) $8,841 $8,689 1.7 % ================================ Selected Publishing Revenues by Category (000) Classified $35,698 $49,514 (27.9)% Retail 48,420 54,279 (10.8)% National 8,006 10,136 (21.0)% Other 1,285 1,503 (14.5)% -------------------------------- Total Advertising $93,409 $115,432 (19.1)% ================================ Circulation $16,065 $16,936 (5.1)% ================================ Broadcast Time Sales (gross) (000) Local $46,956 $49,120 (4.4)% National 25,838 30,263 (14.6)% Political 4,440 336 --- -------------------------------- Total Time Sales $77,234 $79,719 (3.1)% ================================ Selected Online Total Page Views Total Web Sites 193,755,088 172,134,724 12.6 % (Excluding Blockdot) Notes: All data are subject to later adjustment. (1) Discontinued operations include the following TV Stations: WMBB in Panama City, Florida; KALB/NALB in Alexandria, Louisiana; WNEG in Taccoa, Georgia; WTVQ in Lexington, Kentucky and WCWJ in Jacksonville, Florida.

Media General, Inc.

CONTACT: Investors, Lou Anne J. Nabhan, +1-804-649-6103, or Media, Ray
Kozakewicz, +1-804-649-6748, both of Media General, Inc.

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

Raptor Networks Technology Fortifies Sales Team Strength; Adds Technical Specialist and Marketing VP to Northeast Team

SANTA ANA, Calif., April 17 /PRNewswire-FirstCall/ -- Raptor Networks Technology, Inc. (BULLETIN BOARD: RPTN.OB) , provider of the world's first distributed network switching architectures, announced today the appointment of Larry A. Straus as VP, Virtualized Storage Solutions and Curt Mellon as SVP, Marketing and Strategic Accounts.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040429/RPTNLOGO )

A solutions architect with over 20 years experience in computing and storage applications, Straus has crafted technology solutions for the DOD including VMware, IBM servers and storage, and the full suite of Microsoft products. Mellon, with over 25 years leading new business teams at MCI, BT and Concert brings a combination of experience launching complex telecom solutions with a track record and credibility within the transport solutions marketplace.

"We are very pleased to add a strong and senior East Coast new business focus to the Raptor team," noted Tom Wittenschlaeger, Raptor Networks' Chairman and CEO. "Our strategic intent to pursue and locally support broad new project initiatives across the Federal space will be greatly enhanced, we believe, as a result."

About Raptor Networks Technology, Inc

Raptor Networks Technology, Inc. has developed the world's first "distributed core" network switching architectures, all open-standards based, that benefit networks that provide newer latency-sensitive services such as video, VOIP, high speed server and storage clustering and the like. This patented Distributed Network Switching Technology enables new network build outs and performance upgrades of traditional chassis-based installations in a highly cost effective manner. Management believes that the unique advantage Raptor provides is speed over distance: data transport at wire speed, in hardware, between spatially separated network elements. Enhanced network reliability, lower power consumption and reduced form factor combine to enable significant savings in both acquisition costs as well as operating expense. Raptor's network switching products engender the feature set and versatility to run the most advanced new data applications.

For additional information please see, http://www.raptor-networks.com/. Safe Harbor Statement

The statements in this release relating to future product availability, collaboration and partnership, and positive direction are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Some or all of the aspects anticipated by these forward-looking statements may not, in fact, occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties, demand for Raptor Networks' products, the future market price of RPTN common stock and the Company's ability to obtain necessary future financing.

Contacts: Raptor Networks Technology, Inc. Tom Wittenschlaeger, CEO Bob Van Leyen, CFO 949-623-9300

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PRN Photo Desk, photodesk@prnewswire.com Raptor Networks Technology, Inc.

CONTACT: Tom Wittenschlaeger, CEO, or Bob Van Leyen, CFO,
+1-949-623-9300, both of Raptor Networks Technology, Inc.

Web site: http://www.raptor-networks.com/

International Game Technology Reports Second Quarter Fiscal Year 2008 Results

RENO, Nev., April 17 /PRNewswire-FirstCall/ -- International Game Technology announced today operating results for the second quarter ended March 31, 2008. Net income for the quarter was $68.4 million or $0.22 per diluted share versus $128.2 million or $0.38 per diluted share in the same quarter last year. For the six-month period ended March 31, 2008, net income was $182.1 million or $0.57 per diluted share compared to $249.2 million or $0.73 per diluted share in the same period last year.

The second quarter of the current year was unfavorably impacted by a number of significant items including a steep decline in interest rates, technological obsolescence charges related to the transition toward our new cabinets and platforms, additional bad debt provisions and discrete tax items. Collectively, these items totaled $20.4 million after tax or $0.06 per diluted share. On a comparative basis, the second quarter of the prior year was favorably impacted by gains from Gulf Coast hurricane property damage and business interruption insurance proceeds and the sale of a corporate aircraft, as well as favorable bad debt provisions collectively totaling $17.1 million after tax or $0.05 per diluted share. A supplemental schedule of these items is included at the end of this release.

"IGT's second quarter results were challenged by the current market environment," said Chairman and CEO TJ Matthews. "We remain focused on strategic initiatives which will maintain our standing as the leading worldwide provider of innovative gaming products and services. We continue to prepare for the introduction of the next generation of technological innovations and look forward to the market-driven expansion in domestic and international jurisdictions we believe will develop in the near future. Recent strategic accomplishments that will enhance IGT's long-term opportunities include our sb(TM)-related agreements with Harrah's and CityCenter, our cross-licensing agreement with WMS, our strategic alliances with Progressive Gaming, Games Media and The Global Draw, and our potential acquisition of Cyberview Technology, Inc."

Gaming Operations

Second quarter revenues and gross profit from gaming operations were $341.0 million and $183.9 million, respectively, compared to $341.1 million and $211.0 million for the same quarter last year. For the six months ended March 31, 2008, revenues and gross profit from gaming operations totaled $673.4 million and $383.4 million, respectively, compared to $666.0 million and $397.7 million in the same prior year period. Although we realized increased game placements, revenues were comparable to the prior year periods as a result of lower play levels largely attributable to recent economic conditions. For the current quarter and year-to-date, gross margins on gaming operations were 54% and 57%, respectively, compared to 62% and 60% in the prior year.

Gaming operations gross profit and margins were impacted by the significant decline in interest rates during the quarter. A 200 basis-point reduction in interest rates resulted in $12.3 million of additional jackpot expense for the quarter due to higher costs to fund jackpot liabilities. In addition, the current quarter also included $8.0 million of technological obsolescence charges for fixed assets related to our transition to new game cabinets and platforms. In the prior year quarter, gross profit and gross margin were favorably impacted by a gain from Gulf Coast hurricane property insurance totaling $5.0 million.

As of March 31, 2008, our gaming operations installed base totaled 58,700, an increase of 3,900 units from the prior year quarter and down 100 units from the immediately preceding quarter. Year-over-year growth was primarily the result of expansion in Oklahoma, Mexico, Florida and Africa. The sequential quarter reduction primarily resulted from the transition of Class II products to for-sale Class III machines in Florida and California.

Product Sales Quarters Ended Six Months Ended March 31, March 31, 2008 2007 2008 2007 Revenues (in millions) North America $148.4 $180.6 $315.3 $388.0 International 83.8 88.0 230.5 198.0 Total $232.2 $268.6 $545.8 $586.0 Gross Margin North America 55% 55% 54% 55% International 54% 52% 53% 49% Total 55% 54% 54% 53% Units Shipped North America 6,500 9,700 13,900 21,900 International 5,600 9,100 18,500 23,700 Total 12,100 18,800 32,400 45,600

Worldwide product sales revenues generated second quarter gross profit of $126.6 million compared to $145.5 million in the prior year, primarily due to lower machine shipments across all markets. Domestic shipments were low primarily due to minimal new or expansion opportunities during the quarter combined with the continued trough in North America replacement demand. Internationally, lower shipments, primarily in the UK and Japan, were the result of slower market conditions. Non-machine revenues (comprised of gaming systems, parts, service and other fees) totaled $87.1 million or 38% of total product sales versus $89.8 million or 33% in the comparable prior year quarter.

For the six-month period ended March 31, 2008, worldwide product sales generated gross profit of $293.8 million versus $310.8 million in the prior year. Lower North America machine revenues were partially offset by stronger international revenues year-to-date, with notable increases in Europe, Australia, Asia, and Africa. Non-machine revenues improved to $186.5 million or 34% of total product sales compared to $174.5 million or 30% of total product sales in the prior half-year period.

Operating Expenses and Other Income/Expense

Consolidated operating expenses totaled $183.9 million in the second quarter and $354.7 million year-to-date compared to $154.3 million and $321.0 million in the same prior year periods, respectively. Operating expenses in the second quarter of the prior year were favorably impacted by gains from business interruption insurance totaling $12.0 million and the sale of a corporate aircraft totaling $5.8 million. In addition to these items, current quarter operating expenses were higher primarily as a result of higher bad debt provisions and a greater investment in research and development.

Other expense, net, in the second quarter was $8.8 million, compared to other income, net, of $2.3 million in the prior year quarter, primarily due to higher interest on increased borrowings and reduced investment-related interest income.

Cash Flows & Balance Sheet

In the first half of fiscal 2008, IGT generated $195.0 million in operating cash flow on net income of $182.1 million compared to $366.5 million in operating cash flow on net income of $249.2 million in the prior year period. Lower operating cash flow was the result of lower net income, additional prepayments to secure long-term licensing rights, and changes within working capital.

Working capital increased to $718.4 million at March 31, 2008 compared to $595.5 million at September 30, 2007. Cash equivalents and short-term investments (inclusive of restricted amounts) totaled $358.5 million at March 31, 2008 versus $400.7 million at September 30, 2007. Debt totaled $1.7 billion at March 31, 2008 compared to $1.5 billion at September 30, 2007.

Capital Deployment

On February 26, 2008, our Board of Directors declared a quarterly cash dividend of fourteen cents ($0.14) per share, payable on April 2, 2008 to shareholders of record on March 19, 2008.

During the second quarter, IGT repurchased 2.3 million shares at an aggregate cost of $95.8 million. Year-to-date, share repurchases totaled 5.8 million shares at an aggregate cost of $245.0 million. The remaining authorization under the Company's stock repurchase program totaled 27.4 million shares at March 31, 2008.

As previously announced on March 27, 2008, IGT will host a conference call regarding its Second Quarter Fiscal Year 2008 earnings release on Thursday, April 17, 2008 at 6:00 a.m. (Pacific Time). The access numbers are as follows:

Domestic callers dial 888-455-9641, passcode IGT International callers dial 517-308-9004, passcode IGT

The conference call will also be broadcast live over the Internet. A link to the webcast is available at our website http://www.igt.com/InvestorRelations. If you are unable to participate during the live webcast, the call will be archived until Friday, April 25, 2008 at http://www.igt.com/InvestorRelations.

Interested parties not having access to the Internet may listen to a taped replay of the entire conference call commencing at approximately 8:00 a.m. (Pacific Time) on Thursday, April 17, 2008. This replay will run through Friday, April 25, 2008. The access numbers are as follows:

Domestic callers dial 866-396-4180 International callers dial 203-369-0506

In this release, we make some "forward looking" statements, which are not historical facts, but are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to analyses and other information based on forecasts of future results and estimates of amounts not yet determinable. These statements also relate to our future prospects and proposed new products, services, developments or business strategies. These statements are identified by their use of terms and phrases such as: anticipate; believe; could; estimate; expect; intend; may; plan; predict; project; forecast; on track; continue; and other similar terms and phrases including references to assumptions. These phrases and statements include, but are not limited to, the following:

-- We remain focused on strategic initiatives which will maintain our standing as the leading worldwide provider of innovative gaming products and services We continue to prepare for the introduction of the next generation of technological innovations and look forward to the market-driven expansion in domestic and international jurisdictions we believe will develop in the near future -- Recent strategic accomplishments that will enhance IGT's long-term opportunities include our sb(TM)-related agreements with Harrah's and CityCenter, our cross-licensing agreement with WMS, our strategic alliances with Progressive Gaming, Games Media and The Global Draw, and our potential acquisition of Cyberview Technology, Inc.

Actual results could differ materially from those projected or reflected in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent known and unknown risks and uncertainties. We do not intend, and undertake no obligation, to update our forward looking statements to reflect future events or circumstances. We urge you to carefully review the following discussion of the specific risks and uncertainties that affect our business. These include, but are not limited to:

-- Unfavorable changes to regulations or problems with obtaining or maintaining needed licenses or approvals -- Decline in the popularity of IGT games or unfavorable changes in player and operator preferences or a decline in play levels -- Decreases in interest rates, which in turn increases our costs to fund jackpots -- Slow growth in the number of new casinos or the rate of replacement of existing gaming machines -- Failure to successfully develop and manage frequent introductions of innovative products -- Failure to attract, retain and motivate key employees may adversely affect our ability to compete -- Failure or inability to protect our intellectual property -- Claims of intellectual property infringement or invalidity -- Outstanding debt obligations and significant investments or financing commitments which could adversely impact our liquidity -- Risks related to international operations

Historical results achieved are not necessarily indicative of future prospects of IGT. More information on factors that could affect IGT's business and financial results are included in our most recent Annual Report on Form 10-K and other public filings made with the Securities and Exchange Commission.

International Game Technology (http://www.igt.com/) is a global company specializing in the design, development, manufacturing, distribution and sales of computerized gaming machines and systems products.

Unaudited Condensed Consolidated Statements of Income Quarters Ended Six Months Ended March 31, March 31, 2008 2007 2008 2007 (In millions, except per share amounts) Revenues Gaming operations $341.0 $341.1 $673.4 $666.0 Product sales 232.2 268.6 545.8 586.0 Total revenues 573.2 609.7 1,219.2 1,252.0 Costs and operating expenses Cost of gaming operations 157.1 130.1 290.0 268.3 Cost of product sales 105.6 123.1 252.0 275.2 Selling, general and administrative 111.5 87.2 211.8 185.5 Research and development 53.8 47.8 105.1 97.1 Depreciation and amortization 18.6 19.3 37.8 38.4 Total costs and operating expenses 446.6 407.5 896.7 864.5 Operating income 126.6 202.2 322.5 387.5 Other income (expense), net (8.8) 2.3 (16.6) 6.7 Income before tax 117.8 204.5 305.9 394.2 Income tax provisions 49.4 76.3 123.8 145.0 Net income $68.4 $128.2 $182.1 $249.2 Basic earnings per share $0.22 $0.38 $0.58 $0.75 Diluted earnings per share $0.22 $0.38 $0.57 $0.73 Weighted average shares outstanding Basic 312.3 335.2 313.4 333.9 Diluted 315.9 340.2 317.2 342.4 Unaudited Condensed Consolidated Balance Sheets March 31, September 30, 2008 2007 (In millions) Assets Current assets Cash and equivalents $252.0 $261.3 Investment securities, at market value 5.2 51.3 Restricted cash and investments 101.3 88.1 Receivables, net 458.4 503.1 Inventories 180.7 144.8 Jackpot annuity investments 67.4 66.5 Other 258.7 171.9 Total current assets 1,323.7 1,287.0 Notes and contracts receivable, net 75.3 63.6 Property, plant and equipment, net 582.4 567.4 Jackpot annuity investments 438.5 441.5 Goodwill and intangibles, net 1,347.9 1,362.1 Other assets 596.8 445.9 Total assets $4,364.6 $4,167.5 Liabilities and Stockholders' Equity Current liabilities Current maturities of notes payable $0.9 $5.6 Accounts payable 108.2 121.1 Jackpot liabilities 190.6 170.7 Accrued income taxes 17.0 49.5 Dividends payable 43.9 44.4 Other accrued liabilities 244.7 300.2 Total current liabilities 605.3 691.5 Notes payable, net of current maturities 1,692.1 1,503.0 Non-current jackpot liabilities 468.6 472.4 Other liabilities 228.7 47.9 Total liabilities 2,994.7 2,714.8 Total stockholders' equity 1,369.9 1,452.7 Total liabilities and stockholders' equity $4,364.6 $4,167.5 Unaudited Condensed Consolidated Statements of Cash Flows Six Months Ended March 31, 2008 2007 (In millions) Operations Net income $182.1 $249.2 Depreciation, amortization, and asset charges 146.4 131.5 Other non-cash items 29.4 12.3 Changes in operating assets and liabilities: Receivables 49.7 15.5 Inventories (39.0) 0.7 Accounts payable and accrued liabilities (94.9) (22.3) Jackpot liabilities 0.1 (15.3) Income taxes (29.8) (21.3) Prepaid and other assets (49.0) 16.2 Cash from operations 195.0 366.5 Investing Capital expenditures (150.2) (181.9) Investments, net 67.1 7.1 Jackpot annuity investments, net 16.6 8.5 Changes in restricted cash (70.5) 4.6 Business acquisitions (3.0) (18.3) Other (6.0) 2.0 Cash from investing (146.0) (178.0) Financing Debt proceeds (repayments), net 184.1 248.7 Employee stock plans 81.7 54.8 Dividends paid (88.4) (87.2) Share repurchases (245.0) (362.7) Cash from financing (67.6) (146.4) Foreign exchange rates effect on cash 9.3 (1.4) Net change in cash and equivalents (9.3) 40.7 Beginning cash and equivalents 261.3 294.6 Ending cash and equivalents $252.0 $335.3 Unaudited Supplemental Data Quarters Ended Six Months Ended March 31, March 31, Calculation of Earnings Per Share 2008 2007 2008 2007 (In millions, except per share amounts) Net income $68.4 $128.2 $182.1 $249.2 Basic weighted average shares outstanding 312.3 335.2 313.4 333.9 Dilutive effect of stock awards 3.6 4.6 3.8 4.8 Dilutive effect of convertible debentures - 0.4 - 3.7 Diluted weighted average shares outstanding 315.9 340.2 317.2 342.4 Basic earnings per share $0.22 $0.38 $0.58 $0.75 Diluted earnings per share $0.22 $0.38 $0.57 $0.73 Quarters Ended Six Months Ended Reconciliation of Net Income to March 31, March 31, Adjusted EBITDA 2008 2007 2008 2007 (In millions) Net income $68.4 $128.2 $182.1 $249.2 Income tax provisions 49.4 76.3 123.8 145.0 Other (income) expense, net 8.8 (2.3) 16.6 (6.7) Depreciation and amortization 77.1 66.3 146.4 131.5 Share-based compensation 8.0 8.4 17.3 17.8 Adjusted EBITDA $211.7 $276.9 $486.2 $536.8

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization, including asset charges, share-based compensation, and other income/expense, net) is a supplemental non-GAAP financial measure used by our management and commonly used by industry analysts to evaluate our financial performance. Adjusted EBITDA provides useful information to investors regarding our ability to service debt and is a commonly used financial analysis tool for measuring and comparing gaming companies in several areas of liquidity, operating performance, valuation and leverage. Adjusted EBITDA should not be construed as an alternative to operating income (as an indicator of our operating performance) or net cash from operations (as a measure of liquidity) as determined in accordance with generally accepted accounting principles. All companies do not calculate Adjusted EBITDA in the same manner and IGT's presentation may not be comparable to those presented by other companies.

Reconciliation of Cash from Operations to Free Six Months Ended Cash Flow March 31, 2008 2007 (In millions) Cash from operations $195.0 $366.5 Investment in property, plant and equipment (52.4) (77.2) Investment in gaming operations equipment (91.9) (95.3) Investment in intellectual property (5.9) (9.4) Free Cash Flow before dividends 44.8 184.6 Dividends paid (88.4) (87.2) Free Cash Flow $(43.6) $97.4

Free cash flow is a supplemental non-GAAP financial measure used by our management and commonly used by industry analysts to evaluate the discretionary amount of our net cash from operations. Net cash from operations is reduced by amounts expended for capital expenditures and dividends paid. Free cash flow should not be construed as an alternative to net cash from operations or other cash flow measurements determined in accordance with generally accepted accounting principles. All companies do not calculate free cash flow in the same manner and IGT's presentation may not be comparable to those presented by other companies.

Unaudited Supplemental Data (continued) Significant items affecting Income statement Quarters Ended comparability line impacted March 31, 2008 2007 (In millions) favorable (unfavorable) Decline in interest rates Cost of gaming (jackpot funding) operations $(12.3) $- Hurricane insurance Cost of gaming gain, property operations - 5.0 Fixed asset charges Cost of gaming (technological obsolescence) operations (8.0) - Inventory write-downs Cost of product (technological obsolescence) sales (2.4) - Bad debt provision Sales, General, & Administrative (5.8) 4.4 Hurricane insurance Sales, General, gain, business interruption & Administrative - 12.0 Gain on sale of Sales, General, corporate plane & Administrative - 5.8 Subtotal amounts before tax Income before tax $(28.5) $27.2 Tax effect Income tax provision 10.7 (10.1) Discrete tax items Income tax provision (2.6) - Total amounts after tax $(20.4) $17.1

International Game Technology

CONTACT: Patrick Cavanaugh, Vice President, Corporate Finance & Investor
Relations of International Game Technology, 1-866-296-4232

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

Cyberlux Corporation Invited to Participate in National Guard Disaster Response Exercise with BrightEye Tactical LED Lighting SystemsVigilant Guard Event to Simulate a Major Earthquake, Terrorist Disaster with over 2,000 First Responder Personnel from 11 States

RESEARCH TRIANGLE PARK, N.C., April 17 /PRNewswire-FirstCall/ -- Today, Cyberlux Corporation (BULLETIN BOARD: CYBL) announced that the Company has been requested by the National Guard to participate in the Vigilant Guard 2008 Disaster Response Exercise in Beaufort, South Carolina from April 21st through April 24th. The Vigilant Guard event is designed to simulate the chaotic aftermath of an earthquake or terrorist attack and will include 50 specific missions designed to test emergency response, search and rescue, evacuation and distribution of goods capabilities. Cyberlux will deploy a team of its specialists to operate the BrightEye 4M Tower Illumination Systems and the BrightEye Dual Lighthead Tactical Illumination Systems to provide rapid set-up and "stadium-bright" lighting capability during the various exercises.

Over the last two years, Cyberlux has worked with select National Guard units and the National Guard Bureau to refine the capabilities of the Cyberlux portable visible and night-vision compatible illumination systems for general mission tactical lighting, disaster first response, force protection, maintenance lighting, expeditionary base protection and other rapidly deployable high-intensity lighting applications. Participation in the Vigilant Guard 2008 event, along with over 2,000 National Guardsmen from 11 states, is a continuation of the customer/manufacturer solutions-oriented relationship Cyberlux has developed with the National Guard.

In December, the National Guard Bureau ordered BrightEye Dual Lighthead Illumination Systems as a tactical lighting solution for the 17 CERFP (Chemical, Biological, Radiological, Nuclear, and High-yield Explosive Enhanced Response Force Package) teams that stand ready across the U.S. for emergency response deployment. The CERFP teams are composed of four mission elements - search and extraction, decontamination, medical, and command and control - and staffed by personnel from already established National Guard units. The 17 CERFP teams are aligned with the 10 FEMA regions and mobilize when an incident occurs within a team's response area.

"We are particularly honored by the National Guard's request to participate in the Vigilant Guard 2008 event and look forward to demonstrating the level of lighting capability and field performance our BrightEye Portable Illumination Systems will provide to this important National Guard training exercise," said Mark Schmidt, president and chief operating officer for Cyberlux. "With the BrightEye already deployed to CERFP teams, we anticipate ongoing BrightEye needs within the National Guard, and the Vigilant Guard exercise will further demonstrate the unparalleled tactical lighting capability of our products. Over the last year, we have made important progress with our Military and Homeland Security customers, including the U. S. Air Force and National Guard, and the Vigilant Guard demonstration is the next step in having our BrightEye tactical lighting solutions deployed within the broader scope of National Guard operations."

The National Guard provides each State with units trained and equipped to protect life and property, and provides the Nation with units trained, equipped and ready to defend the United States and its interests around the world. As training events like Vigilant Guard 2008 will confirm, the National Guard requires rapidly deployable portable covert and visible lighting systems for disaster response preparedness, homeland defense operations, border patrol support and global military deployments.

The BrightEye Portable Illumination Systems are designed as visible and night-vision compatible illumination system for mission-critical tactical lighting requiring rapidly deployable, high-intensity lighting capability. Using advanced optics, advanced solid-state lighting technology, and light- weight advanced battery power, all contained in easily transportable wheeled cases, the BrightEye Systems are capable of eliminating the space-consuming bulk, noise and energy consumption of the current generator-powered incandescent lighting systems. Unique to the marketplace, the BrightEye Systems provide broad area visible white lighting and night-vision compatible IR lighting capable of operating all night on an advanced battery power system, capabilities not available in traditional lighting systems.

The BrightEye Systems are available through the General Services Administration (GSA) Federal Supply Schedule 56 for Specialty Lighting products under Cyberlux GSA Contract GS-07F-9409S.

About Cyberlux Corporation

Cyberlux Corporation (BULLETIN BOARD: CYBL) has created breakthrough LED lighting technology that provides the most energy efficient and cost effective lighting solutions available today for consumer, commercial and military uses. The Military and Homeland Security products deliver unique, covert, and advanced visible lighting capability for threat detection, force and asset protection. Cyberlux uses solid-state semiconductors, trademarked as its diodal(tm) lighting elements, which consume 75% less energy than incandescent lighting elements and perform for over 20 years in contrast to 750 hours for conventional bulbs. For more information, please visit http://www.cyberlux.com/ .

Investor Contact: Richard Brown, rbrown@cyberlux.com / 617-314-7379

This news release contains forward-looking statements. Actual results could vary materially from those expected due to a variety of risk factors, including, but not limited to, the Company's ability to expand its financing concurrent with the Company's growth. The Company's business is subject to significant risks and uncertainties discussed more thoroughly in Cyberlux Corporation's SEC filings, including but not limited to, its report on Form 10-KSB for the year ended December 31, 2007. The Company undertakes no obligation to publicly release the result of any revisions to these forward- looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Cyberlux Corporation

CONTACT: Investor, Richard Brown, +1-617-314-7379, rbrown@cyberlux.com

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

New FLUENT for CATIA V5 Extends CFD Modeling Capability

SOUTHPOINTE, Pa., April 17 /PRNewswire-FirstCall/ -- ANSYS, Inc. , a global innovator of simulation software and technologies designed to optimize product development processes, today announced the release of version 4.0 of its FLUENT(R) for CATIA(R) V5 rapid flow modeling software. This new release delivers class-leading computational fluid dynamics (CFD) technology from ANSYS to engineers working within Dassault Systemes CATIA V5 software environment. In addition to performance improvements, this release of FLUENT for CATIA V5 adds important new physics models to its analysis capabilities that extend the types of products for which performance optimization is possible. The technology is a prime example of the ANSYS ongoing commitment to an architecture that adapts to the customer's requirements: developing integral tools for use by the world's leading simulation community, no matter their choice of computer-aided design (CAD) or product lifecycle management (PLM) packages.

Species transport and cavitation modeling capabilities are key new features of version 4.0 that significantly broaden the range of applications available to users. The new species transport model allows the modeling of mixtures of fluids with different properties. This expands the types of equipment that can be optimized to include paint mixers, fire risk detection, airplane cabin ventilation, water treatment systems and the dispersion of exhaust gases. The new cavitation modeling feature lets users predict when cavitation may occur in a variety of systems. It allows performance optimization of fuel injectors used in car and motorcycle engines. It also lets users see when cavitation may occur in rotating pumps, enabling them to make design modifications to reduce the blade erosion that may result. New heat transfer boundary conditions let automotive companies model the cooling of brake rotor disks, to ensure that optimum braking performance is maintained under all conditions.

Version 4.0 brings many new important performance and usability improvements. The ability to add multiple symmetry planes without the need to modify original geometry saves users time, both while creating the model and when performing the calculations. Superior flow volume splitting algorithms benefit users who model automotive radiators and other complex geometries. A new algorithm to build prismatic boundary layer meshes next to solids increases the simulation accuracy; an example is the air flow around car wheels. Other general improvements include an optimized memory management system to handle large models efficiently and new options that let users easily control the initial conditions for unsteady calculations. These enhancements reduce the time to solution and improve simulation process robustness.

"With the newly added features of version 4.0, FLUENT for CATIA V5 enables users to improve designs quicker than ever using the power of leading technology from ANSYS. No other engineering simulation software provider offers such depth and breadth of technical capabilities," said Ferit Boysan, vice president and general manager of the fluids business unit at ANSYS, Inc. "FLUENT for CATIA V5 is unique in the industry because the embedded high- fidelity FLUENT 6.3 solver provides the engineering organization full upward scalability of their simulation process."

Version 4.0 of FLUENT for CATIA V5 is available for immediate shipment. Additional product details and demonstrations are available at http://www.fluentforcatia.com/.

For downloadable, high-resolution images, visit http://www.ansys.com/newsimages. About ANSYS, Inc.

ANSYS, Inc., founded in 1970, develops and globally markets engineering simulation software and technologies widely used by engineers and designers across a broad spectrum of industries. The Company focuses on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for fast, efficient and cost- conscious product development, from design concept to final-stage testing and validation. The Company and its global network of channel partners provide sales, support and training for customers. Headquartered in Canonsburg, Pennsylvania, U.S.A., with more than 40 strategic sales locations throughout the world, ANSYS, Inc. and its subsidiaries employ approximately 1,400 people and distribute ANSYS products through a network of channel partners in over 40 countries. Visit http://www.ansys.com/ for more information.

ANSYS, ANSYS Workbench, AUTODYN, CFX, FLUENT and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.

CATIA is a registered trademark of Dassault Systemes.

ANSYS, Inc.

CONTACT: Media, Kelly Wall, +1-724-514-3076, kelly.wall@ansys.com, or
Investors, Annette Arribas, +1-724-514-1782, annette.arribas@ansys.com, both
of ANSYS, Inc.

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

CityCenter and IGT Sign Agreement for Server-Based Casino at Development's New Resort CasinoInstallation Will Be First of Its Kind in Industry

LAS VEGAS, April 17 /PRNewswire-FirstCall/ -- CityCenter and International Game Technology have signed a formal memorandum of understanding pertaining to installing a server-based network and related IGT sb(TM) and gaming management system products at the development's resort casino scheduled to open in late 2009.

IGT's award-winning sb(TM) Service Window and a server-based casino floor network will provide the basis for the first floorwide installation of a system of this kind. The Service Window will be accessible to players via slot machines and eventually table games to link them to their MGM MIRAGE Players Club accounts and to various services. Server-based technology represents an exciting evolution in the gaming industry, and IGT and CityCenter look forward to working closely with Nevada gaming regulators to make this advancement a reality.

CityCenter is an $8 billion mixed-use development jointly owned by MGM MIRAGE and Dubai World.

"We will continue to work with MGM MIRAGE and our other test locations that have been working with us on the development and testing of these new products to refine the various aspects of the system and prepare for CityCenter's floorwide deployment of IGT's sb(TM) products," said Steve Morro, IGT's Chief Operating Officer. "Work has already begun with other manufacturers and suppliers on making this all come together for the CityCenter opening."

William P. McBeath, President and Chief Operating Officer of CityCenter's casino resort, said, "We are always exploring new innovations that will both enhance the customer experience and set us apart in the industry."

CityCenter is a dazzling vertical city in the heart of the Las Vegas Strip between Bellagio and Monte Carlo resorts. The development combines into a single urban core approximately 2,650 luxury residences, two 400-room non-gaming boutique hotels (one of which will be managed by luxury hotelier Mandarin Oriental), a dramatic 61-story, 4,000-room resort casino, and a 500,000-square-foot retail and entertainment district.

CityCenter is a design collaboration with eight of the world's foremost architects including Foster and Partners, Gensler, Helmut Jahn, KPF Architects, Pelli Clarke Pelli, Rockwell Group, RV Architecture LLC led by Rafael Vinoly, and Studio Daniel Libeskind.

Risks related to construction and development projects:

The Company's plans for future construction can be affected by a number of factors, including time delays in obtaining necessary governmental permits and approvals and legal challenges. The Company may make changes in project scope, budgets and schedules for competitive, aesthetic or other reasons, and these changes may also result from circumstances beyond the Company's control. These circumstances include weather interference, shortages of materials and labor, work stoppages, labor disputes, unforeseen engineering, environmental or geological problems, and unanticipated cost increases. Any of these circumstances could give rise to delays or cost overruns.

International Game Technology is a global company specializing in the design, development, manufacturing, distribution and sales of computerized gaming machines and systems products. http://www.igt.com/

Statements in this release which are not historical facts are "forward looking" statements and "safe harbor statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including risks and/or uncertainties as described in the companies' public filings with the Securities and Exchange Commission.

International Game Technology

CONTACT: Patrick Cavanaugh, Vice President, Corporate Finance
and Investor Relations, +1-866-296-4232, or Ed Rogich, Vice President,
Marketing, +1-702-896-8690, both of International Game Technology

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

Automotive Executive Joins Azure Dynamics' Board of Directors

OAK PARK, Michigan, April 17 /PRNewswire/ -- Azure Dynamics Corporation (TSX: AZD & LSE: ADC) ("Azure" or the "Company") a leading developer of hybrid electric and electric powertrains for commercial vehicles, announced today the appointment of James C. Gouin to its Board of Directors, subject to normal regulatory approvals and procedures. Gouin recently joined Tower Automotive LLC as Chief Financial Officer following a distinguished career at Ford Motor Company ("Ford").

"Jim Gouin's financial expertise is well known and respected throughout the automotive industry and his broad based business achievements in finance and industry are matched by his reputation of being an excellent team player and strong communicator," said D. Campbell Deacon, Chairman of Azure Dynamics. "Jim's financial expertise and international business experience will be of real benefit to the Board and management as Azure continues to aggressively penetrate commercial markets this year."

"Azure Dynamics is poised to be a major player and a successful competitor in the emerging market for hybrid electric and electric commercial vehicles," Gouin said. "They have perfected their technologies, are capitalizing on their target markets such as delivery vans and shuttle buses, and have the right executive team in place to maximize the outstanding growth opportunities they are currently experiencing."

Gouin's extensive career in the automotive industry started in 1979 when he joined Ford as an analyst in the engine division. During his 28 year Ford career, Gouin served in a number of senior management positions including: Vice President, Controller, Chief Accounting Officer during the company's first year of Sarbanes-Oxley compliance and Chief Financial Officer of North American Operations. His last position with Ford was as Vice President, CFO, Strategy & Business Development of International Operations.

Gouin holds a Bachelors of Science in Business Administration from the Detroit Institute of Technology, an MBA in Finance from the University of Detroit/Mercy and an Accounting Diploma from St. Clair College, Windsor, Ontario. Gouin currently serves as a member of the Board of Directors and Treasurer of Vista Maria, a Detroit based, non-profit organization dedicated to the survival and education of troubled young women and also acts as a member on the Board of Trustees and Executive and Finance Committee of the University of Detroit/Mercy. Gouin was formerly a member of the Board of Directors for Volvo Car Corporation in Goteborg, Sweden from 2003-2007 and Ford Motor Credit Corporation from 2005-2007.

There is no other information pursuant to the appointment of Mr. Gouin (48) which is required to be disclosed under Schedule Two, Annex III (g) of the AIM Rules.

About Azure Dynamics

--------------------

Azure Dynamics Corporation (TSX: AZD) (LSE: ADC) is a world leader in the development and production of hybrid electric and electric components and powertrain systems for commercial vehicles. Azure is strategically targeting the commercial delivery vehicle and shuttle bus markets and is currently working internationally with various partners and customers. The Company is committed to providing customers and partners with innovative, cost-efficient, and environmentally-friendly energy management solutions.

For more information please visit http://www.azuredynamics.com.

The TSX and LSE Exchanges do not accept responsibility for the adequacy or accuracy of this release.

Forward-looking Statements

This press release contains forward-looking statements. More particularly, this press release contains statements concerning Azure's business development strategy, projected commercial revenues and product deliveries.

The forward-looking statements are based on certain key expectations and assumptions made by Azure, including expectations and assumptions concerning achievement of current timetables for development programs, target market acceptance of Azure's products, current and new product performance, availability and cost of labour and expertise, and evolving markets for power for transportation vehicles.

Although Azure believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Azure can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with Azure's early stage of development, lack of product revenues and history of losses, requirements for additional financing, uncertainty as to commercial viability, uncertainty as to product development and commercialization milestones being met, uncertainty as to the market for Azure's products and unproven acceptance of Azure's technology, competition for capital, product market and personnel, uncertainty as to target markets, dependence upon third parties, changes in environmental laws or policies, uncertainty as to patent and proprietary rights, availability of management and key personnel, and acquisition integration risk. These risks are set out in more detail in Azure's annual information form which can be accessed at http://www.sedar.com.

The forward-looking statements contained in this press release are made as of the date hereof and Azure undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

For further information: Ryan Carr, Chief Financial Officer, +1-248-298-2403 ext 1206, Email: rcarr@azuredynamics.com; Bruce G. MacDonald, Liebler!MacDonald, +1-248-233-8062, Email: bmacd@liemac.com

Azure Dynamics Corporation

For further information: Ryan Carr, Chief Financial Officer, +1-248-298-2403 ext 1206, Email: rcarr@azuredynamics.com; Bruce G. MacDonald, Liebler!MacDonald, +1-248-233-8062, Email: bmacd@liemac.com

Microsoft Enables Real-Time Business Decisions With BizTalk RFID Mobile

LAS VEGAS, April 17 /PRNewswire/ --

- New offering is designed to enhance business productivity.

At RFID Journal LIVE! 2008, Microsoft Corp today unveiled Microsoft BizTalk RFID Mobile -- a lightweight platform for a variety of mobile devices, which simplifies the development of mobile applications that expose relevant, real-time business information. BizTalk RFID Mobile enables delivery of relevant information from mobile devices to core business processes for a variety of scenarios, whether for a dock worker verifying a shipment or a pharmacist verifying that the right medicine has been stocked.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

Microsoft today made available a private beta with general availability expected in late 2008. Customers and partners can participate in the BizTalk RFID Mobile Technology Adoption Program (TAP) by registering at https://connect.microsoft.com/site/sitehome.aspx?SiteID=65.

"Given today's fast-paced environment, customers have asked for business process technologies that enable real-time decision-making to help drive measurable business results," said Burley Kawasaki, director of product management in the Connected Systems Division at Microsoft. "Together, with leading industry partners including Motorola Inc, Intermec Technologies Corp, Unitech, Samsung and Psion Teklogix Inc, we will deliver a cost-effective, mobile RFID platform that works with existing business processes and systems."

As part of the Microsoft BizTalk product line, Microsoft BizTalk RFID Mobile underscores the company's long-term commitment to deliver extensive service-oriented architecture (SOA) and business process management (BPM) capabilities as part of the overall Microsoft application platform. The platform is a set of compatible, mission-critical technologies and development tools that enable customers to develop applications that work with existing systems.

"BizTalk RFID Mobile represents an exciting opportunity for Motorola to build on our track record of delivering innovative products to meet customer needs," said Joe White, vice president of RFID business development for Motorola Enterprise Mobility. "Motorola is actively working with Microsoft so that our customers will be able to reliably and seamlessly run applications on BizTalk RFID Mobile."

Microsoft BizTalk RFID Mobile when used with BizTalk Server 2006 R2 enables real-time decisions by extending business process to Windows CE and Windows Mobile 5.0 applications. BizTalk Server 2006 R2, Microsoft's core SOA and BPM technology, which was generally available in September 2007, included advancements for fixed RFID readers including device management, data filtering and business rules, electronic data interchange (EDI), and interoperability with line-of-business adapters for manufacturing, finance and healthcare.

"It's only natural that Microsoft extends BizTalk RFID out to mobile devices, and it complements its mobile hardware partners' very well," said John Fontanella, vice president of Research at AMR Research Inc. "The ability to operate at the edge in real time opens up opportunities that can only further enhance RFID's value."

Today, Microsoft also announced the BizTalk RFID Standards Pack, for customers to seamlessly integrate their RFID solutions with Electronic Product Code (EPC) global ratified standards, including Tag Data Translator (TDT) and Low Level Reader Protocol (LLRP) standards.

About Microsoft

Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software, services and solutions that help people and businesses realise their full potential.

About Microsoft EMEA (Europe, Middle East and Africa)

Microsoft has operated in EMEA since 1982. In the region Microsoft employs more than 16,000 people in over 64 subsidiaries, delivering products and services in more than 139 countries and territories.

This material is for informational purposes only. Microsoft Corp disclaims all warranties and conditions with regard to use of the material for other purposes. Microsoft Corp shall not, at any time, be liable for any special, direct, indirect or consequential damages, whether in an action of contract, negligence or other action arising out of or in connection with the use or performance of the material. Nothing herein should be construed as constituting any kind of warranty.

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

Microsoft Corp

Rapid Response Team of Waggener Edstrom Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft Corp ; NOTE TO EDITORS: If you are interested in viewing additional information on Microsoft in EMEA, please visit http://www.microsoft.com/emea or the EMEA Press Centre at http://www.microsoft.com/emea/presscentre. Web links, telephone numbers and titles were correct at the time of publication, but may since have changed. For additional assistance, journalists and analysts may contact the appropriate contacts listed at http://www.microsoft.com/emea/presscentre/contactus.mspx. If you are interested in viewing additional information on Microsoft Corp, please visit the Microsoft web page at http://www.microsoft.com/presspass on Microsoft's corporate information pages. ; Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com

Microsoft rend possibles les décisions d'affaires en temps réel avec BizTalk RFID Mobile

LAS VEGAS, April 17 /PRNewswire/ --

- La nouvelle offre est conçue pour améliorer la productivité organisationnelle.

Au RFID Journal LIVE! 2008, Microsoft Corp a dévoilé aujourd'hui Microsoft BizTalk RFID Mobile - une plate-forme légère pour une diversité de dispositifs mobiles qui simplifie le développement d'applications mobiles qui mettent en lumière des informations commerciales en temps réel. BizTalk RFID Mobile permet de transmettre des informations pertinentes depuis les dispositifs mobiles jusqu'aux principaux processus métiers pour un grand nombre de scénarios, que ce soit pour un docker vérifiant une cargaison ou un pharmacien vérifiant que les bons médicaments ont été emmagasinés.

(Logo : http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

Aujourd'hui, Microsoft a mis à disposition une version pilote privée qui devrait être disponible publiquement à la fin de l'année 2008. Les partenaires et les clients peuvent participer au programme d'adoption technologique TAP (Technology Adoption Program) de BizTalk RFID Mobile en s'inscrivant sur le site https://connect.microsoft.com/site/sitehome.aspx?SiteID=65.

<< Dans l'environnement actuel, les décisions d'affaires doivent pouvoir être prises rapidement. Nous répondons aux attentes de nos clients qui ont demandé des technologies de processus métiers permettant de prendre des décisions en temps réel afin d'aider à obtenir des résultats commerciaux mesurables >>, a déclaré Burley Kawasaki, directeur de la gestion de produit de la division des systèmes connectés chez Microsoft. << Ensemble, avec les principaux partenaires du secteur tels que Motorola Inc, Intermec Technologies Corp, Unitech, Samsung et Psion Teklogix Inc, nous proposerons une plate-forme RFID mobile économique fonctionnant avec les systèmes et les processus métiers existants >>, a-t-il ajouté.

Faisant partie de la gamme de produits Microsoft BizTalk, Microsoft BizTalk RFID Mobile met en avant l'engagement à long terme de la société pour proposer une architecture orientée services (SOA - Service Oriented Architecture) étendue et des capacités de gestion des processus métiers (BPM - Business Process Management) au sein de la plate-forme générale d'applications de Microsoft. La plate-forme est un ensemble de technologies et d'outils de développement compatibles et vitaux qui permettent aux clients de développer des applications fonctionnant avec leurs systèmes existants.

<< BizTalk RFID Mobile représente une opportunité sensationnelle pour Motorola de consolider ses résultats en fournissant des produits innovants qui répondent aux besoins de ses clients >>, a déclaré Joe White, vice-président de la prospection de clients RFID de Motorola Enterprise Mobility, tout en ajoutant, << Motorola travaille activement avec Microsoft pour que nos clients puissent intégrer et faire fonctionner des applications sur BizTalk RFID Mobile de façon fiable et sans accroc. >>

Avec BizTalk Server 2006 R2, Microsoft BizTalk RFID Mobile permet des décisions en temps réel en étendant le processus métier aux applications Windows CE et Windows Mobile 5.0. BizTalk Server 2006 R2, la principale technologie SOA et BPM de Microsoft, qui était disponible au grand public en septembre 2007, comportait des améliorations pour les lecteurs RFID fixes, notamment au niveau de la gestion des dispositifs, du filtrage des données et des règles de gestion, des échanges de documents informatisés (EDI), et de l'interopérabilité avec les adaptateurs de secteur d'activité pour les secteurs de la fabrication, des finances et de la santé.

<< Il est tout naturel que Microsoft développe BizTalk RFID pour les dispositifs mobiles, et cela complète très bien le matériel mobile de ses partenaires >>, a déclaré John Fontanella, vice-président du département de recherche chez AMR Research Inc. << La capacité de travailler en temps réel est un avantage qui crée des possibilités pouvant améliorer considérablement la valeur des systèmes RFID >>, a-t-il conclu.

Aujourd'hui, Microsoft a également annoncé le BizTalk RFID Standards Pack pour que les clients puissent intégrer entièrement leurs applications RFID avec les normes mondialement approuvées telles que l'EPC (Electronic Product Code), y compris la TDT (Tag Data Translator) et le protocole LLRP (Low Level Reader Protocol).

À propos de Microsoft

Fondé en 1975, Microsoft (Nasdaq : MSFT) est le leader mondial des logiciels, des services et des solutions qui aident les individus et les entreprises à réaliser leur plein potentiel.

À propos de Microsoft EMEA (Europe, Moyen-Orient, Afrique)

La présence de Microsoft dans la région EMEA remonte à 1982. Microsoft y compte plus de 16 000 employés répartis dans plus de 64 filiales et offre ses produits et services dans plus de 139 pays et territoires.

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Équipe d'assistance rapide de Waggener Edstrom Worldwide, tél.: +1-503-443-7070, rrt@waggeneredstrom.com, pour Microsoft Corp. ; NOTE AUX RÉDACTEURS : Pour de plus amples informations au sujet de Microsoft EMEA, veuillez consulter le site http://www.microsoft.com/emea ou le centre de presse EMEA au http://www.microsoft.com/emea/presscentre. Les liens, les numéros de téléphones et titres étaient exacts au moment de la publication du communiqué, mais ils peuvent avoir changé depuis. Pour une assistance supplémentaire, les journalistes et les analystes sont priés de contracter les personnes correspondantes au http://www.microsoft.com/emea/presscentre/contactus.mspx. Si vous souhaitez avoir de plus amples renseignements sur Microsoft Corp, veuillez consulter la page http://www.microsoft.com/presspass sur les pages d'information du site de Microsoft. ; Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com

Avistar Communications Reports Financial Results for the First Quarter of 2008Progress in cost alignment, and go-to-market and product strategies for 2008 growth offsetting patent challenge

SAN MATEO, Calif., April 17 /PRNewswire-FirstCall/ -- Avistar Communications Corporation , a video collaboration platform provider, today announced its financial results for the three months ended March 31, 2008.

Financial highlights for the quarter included: -- Total revenue, prepared in accordance with GAAP, was $1.2 million, as compared to $1.9 million for the quarter ended December 31, 2007. -- Income from settlement and licensing activity, which management sees as a key component of the company's "top line" performance, was $1.1 million in both the first quarter of 2008 and the fourth quarter of 2007. -- Net income represented a loss of $3.8 million, or $0.11 per basic and diluted share. The fourth quarter of 2007 posted a similar result of a loss of $3.7 million, or $0.11 per basic and diluted share. -- The cash and cash equivalent balance at the end of the first quarter was $6.0 million.

"The first quarter of 2008 has been both formative and challenging for Avistar," said Simon Moss, Avistar's President and CEO. "Our first quarter financial results did not reflect the significant progress that has been achieved in our turn-around initiatives. A primary cause for this is simple to identify -- a reduction in revenue and licensing proceeds versus our expectations was caused by an external party's submittal of our entire U.S. patent portfolio into re-examination in the U.S. Patent and Trademark Office, as has been previously communicated. This single, but dramatic, action resulted in delays in our licensing activity, and caused disruption in our product sales channel. We've responded decisively with a set of cost management programs which will provide considerable relief beginning in the second quarter."

Mr. Moss continued, "This development happened at an especially critical time for the company, and as previously disclosed, has impacted a number of strategic and growth initiatives that we were enthusiastically pursuing. As we've previously and frequently stated, our business is "lumpy" and will continue to be as long as technology and licensing proceeds constitute a large portion of our "top line" mix. The process of patent re-examination will make our stated objective of achieving profitable growth in 2008 more challenging. However, Avistar has adapted quickly, and intends to maintain its key strategic goals-- including the delivery of world class product, and the establishment of effective partnerships with large technology companies, in addition to the achievement of positive revenue and licensing growth and profit trends."

Examples of our progress include: -- Projected operating expense for 2008 will represent a 40% reduction relative to 2007, while delivery on client commitments and product innovations continue. -- We have recently signed important services and funded development agreements, including a project for the development of a potentially market-changing video-enabled supply chain community, linking buy-side and sell-side firms and corporate treasury departments. -- Continuing progress on technology licensing discussions with a large, global IT provider, as one avenue for Avistar to participate in the dynamic growth of the Unified Communications (UC) market, a market that is estimated by Wainhouse Research to reach $16.6 billion by 2012. -- And despite a significant downturn during the first quarter in Avistar's traditional and dominant vertical - that being Financial Services - we maintained historical levels of sales bookings, actually reflecting a modest increase relative to the fourth quarter of 2007, and added multiple new clients.

"We are clear, though, that the action against us represents a significant challenge," Mr. Moss continued, "Our team has acted decisively and quickly, and the company has shown itself to be impressively adaptive as we have set the stage for improvement in the second quarter. Beyond that, we are in a strong position to exploit opportunities that the first quarter identified, progressed or signed."

About Avistar Communications Corporation

Avistar creates technology that provides the missing critical element in unified communications: bringing people in organizations face-to-face through enhanced communications, for true collaboration anytime, anyplace. Its latest product, C3, draws on over a decade of market experience to deliver a single- click desktop or room-based videoconferencing and collaboration experience, that moves business communications into a new era. Available as a stand-alone solution, or integrated with existing unified communications software from other vendors, Avistar's C3 users gain instant messaging-style ability to initiate video communications and collaborate across and outside the enterprise. Patented bandwidth management enables thousands of users to access desktop videoconferencing, Voice over IP (VoIP), collaboration services, and streaming media without requiring substantial new network investment or impairing network performance.

Avistar's desktop videoconferencing and collaboration installations are among the world's largest, including more than 18,000 seats in more than 40 countries. Clients report as much as a 20 percent reduction in travel expense and carbon emissions, 3 percent increase in productivity, and immeasurably improved relationship building within their organizations, as well as with suppliers and customers. Avistar holds a portfolio of 80 patents for inventions in video and network technology and licenses IP to videoconferencing, rich-media services, public networking and related industries. Current licensees include Sony Corporation, Sony Computer Entertainment Inc., Polycom, Inc., Tandberg ASA, Radvision Ltd. and Emblaze-VCON.

For more information, visit http://www.avistar.com/ Forward Looking Statements

Statements made in this news release that are not purely historical, including but not limited to statements regarding Avistar's projected operating expense for 2008, delivery on client commitments and product innovations, the project for the development of a video-enabled supply chain community, progress on technology licensing discussions, sales bookings and new clients, and an improvement in the second quarter of 2008 are forward- looking statements within the meaning of Section 21E of the Securities Exchange Act. Such statements are subject to risks and uncertainties that could cause actual results to differ materially, including such factors, among others, as Avistar's lengthy sales cycle, volatility associated with Avistar's sales and licensing activities, market acceptance of Avistar's products, increased competition in the market for unified communications, technical challenges associated with product development, ongoing technological developments and changing industry standards, and challenges associated with protecting and licensing Avistar's intellectual property.. As a result of these and other factors, Avistar expects to experience significant fluctuations in revenue and operating results, and there can be no assurance that Avistar will become or remain profitable in the future, or that its future results will meet expectations. These and other risk factors are discussed in Avistar's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission from time to time. Avistar disclaims any intent or obligation to update these forward-looking statements.

- financial statements follow - AVISTAR COMMUNICATIONS CORPORATION AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS for the three months ended March 31, 2008 and 2007 (in thousands, except per share data) Three Months Ended March 31, 2008 2007 (unaudited) Revenue: Product $249 $1,258 Licensing 154 232 Services, maintenance and support 748 902 Total revenue 1,151 2,392 Costs and expenses: Cost of product revenue* 359 729 Cost of services, maintenance and support revenue* 519 676 Income from settlement and patent licensing (1,057) (13,057) Research and development* 1,851 1,657 Sales and marketing* 1,329 1,489 General and administrative* 1,878 6,463 Total costs and expenses (income) 4,879 (2,043) (Loss) income from operations (3,728) 4,435 Other (expense) income: Interest income 46 113 Other expense, net (85) (55) Total other (expense) income, net (39) 58 Net (loss) income $(3,767) $4,493 Net (loss) income per share $(0.11) $0.13 Weighted average shares used in calculating Basic net (loss) income per share 34,532 34,101 Diluted net (loss) income per share 34,532 35,146 *Including stock based compensation of: Cost of products, services, maintenance and support revenue $7 $60 Research and development 63 204 Sales and marketing (36) 185 General and administrative 113 233 $147 $682 AVISTAR COMMUNICATIONS CORPORATION AND SUBSIDIARY CONDENSED CONSOLIDATED BALANCE SHEETS as of March 31, 2008 and December 31, 2007 (in thousands, except share and per share data) March 31, December 31, 2008 2007 (unaudited) Assets: Current assets: Cash and cash equivalents $5,975 $4,077 Marketable securities - 799 Total cash, cash equivalents and marketable securities 5,975 4,876 Accounts receivable, net of allowance for doubtful accounts of $34 and $24 at March 31, 2008 and December 31, 2007, respectively 1,570 1,385 Inventories 492 428 Deferred settlement and patent licensing costs 1,256 1,256 Prepaid expenses and other current assets 451 462 Total current assets 9,744 8,407 Property and equipment, net 671 767 Long-term deferred settlement and patent licensing costs 799 1,117 Other assets 288 286 Total assets $11,502 $10,577 Liabilities and Stockholders' Equity (Deficit): Current liabilities: Line of credit $4,000 $5,100 Accounts payable 962 1,287 Deferred income from settlement and patent licensing 5,520 5,520 Deferred services revenue and customer deposits 2,071 2,231 Accrued liabilities and other 1,901 1,451 Total current liabilities 14,454 15,589 Long-term liabilities: Long-term convertible debt 7,000 - Long-term deferred income from settlement and patent licensing and other 3,438 4,814 Total liabilities 24,892 20,403 Stockholders' equity (deficit): Common stock, $0.001 par value; 250,000,000 shares authorized at March 31, 2008 and December 31, 2007; 35,733,179 and 35,678,807 shares issued including treasury shares at March 31, 2008 and December 31, 2007, respectively 36 36 Less: treasury common stock, 1,182,875 shares at March 31, 2008 and December 31, 2007, respectively, at cost (53) (53) Additional paid-in-capital 96,128 95,925 Accumulated deficit (109,501) (105,734) Total stockholders' equity (deficit) (13,390) (9,826) Total liabilities and stockholders' equity (deficit) $11,502 $10,577 AVISTAR COMMUNICATIONS CORPORATION AND SUBSIDIARY THREE MONTHS ENDED MARCH 31, 2008 FINANCIAL RESULTS RECONCILIATION OF GAAP MEASURES TO NON-GAAP MEASURES (in thousands) Reconciliation of Net (Loss) Income to Adjusted EBITDA Three Months Ended March 31, 2008 2007 (unaudited) Net (loss) income $(3,767) $4,493 Interest income (46) (113) Other (expense) income, net 85 55 Depreciation 131 50 EBITDA (3,597) 4,485 Stock-based compensation expense 147 682 Adjusted EBITDA $(3,450) $5,167 AVISTAR COMMUNICATIONS CORPORATION AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS for the three months ended March 31, 2008 and 2007 (in thousands) Three Months Ended March 31, 2008 2007 (unaudited) Cash Flows from Operating Activities: Net (loss) income $(3,767) $4,493 Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities: Depreciation 131 50 Stock based compensation for options issued to consultants and employees 147 682 Provision for doubtful accounts 10 (3) Changes in assets and liabilities: Accounts receivable (195) 62 Inventories (64) 78 Prepaid expenses and other current assets 11 65 Deferred settlement and patent licensing costs 318 318 Other assets (2) (2) Accounts payable (325) (373) Deferred income from settlement and patent licensing and other (1,376) (1,375) Deferred services revenue and customer deposits (160) (574) Accrued liabilities and other 450 1,249 Net cash (used in) provided by operating activities (4,822) 4,670 Cash Flows from Investing Activities: Maturities of short-term marketable securities 799 - Purchase of property and equipment (35) (314) Net cash provided by (used in) investing activities 764 (314) Cash Flows from Financing Activities: Line of credit payments (1,100) - Proceeds of debt issuance 7,000 - Net proceeds from stock option and stock purchase plans 56 129 Net cash provided by financing activities 5,956 129 Net increase in cash and cash equivalents 1,898 4,485 Cash and cash equivalents, beginning of year 4,077 7,854 Cash and cash equivalents, end of period $5,975 $12,339

Copyright (C) 2008 Avistar Communications Corporation. All rights reserved. Avistar, AvistarVOS, and the Avistar logo are trademarks or registered trademarks of Avistar Communications Corporation

Avistar Communications Corporation

CONTACT: Robert J. Habig of Avistar Communications Corporation,
+1-650-525-3310, ir@avistar.com

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

UTC Reports First Quarter EPS Up 26 Percent on 12 Percent Revenue Growth, Confirms 2008 Outlook

HARTFORD, Conn., April 17 /PRNewswire-FirstCall/ -- United Technologies Corp. today reported first quarter 2008 earnings per share of $1.03 and net income of $1.0 billion, up 26 percent and 22 percent, respectively, over the year ago first quarter. Results for the current quarter include a $0.02 per share impact for restructuring costs. In 2007, results included a $0.07 per share impact for the Otis European Union Commission fine, net of related reserves, restructuring charges, and one-time favorable items. Excluding restructuring and other one-time items in both periods, earnings per share grew 18 percent year over year.

First quarter consolidated revenues increased 12 percent to $13.7 billion, including 7 percent organic growth. Foreign currency translation and acquisitions accounted for the remainder of the growth.

"We are pleased with this solid start to the year and confident the geographic and business balance of the UTC portfolio will continue to deliver superior performance. This quarter's results are further evidence that our business model, with its focus on global growth through market leading franchises and cost reduction through the implementation of the ACE operating system, can deliver solid results even in a softening economic environment," said Louis Chenevert, UTC President and Chief Executive Officer.

Although there were some early signs of moderating growth in the U.S. and several European countries, UTC's commercial construction new equipment orders were generally up in the quarter. Consumer markets in the U.S. remain weak, impacting the residential businesses of both Carrier and UTC Fire & Security. Commercial aerospace markets remain solid. Backlog continued to expand in all six businesses reaching $60 billion at quarter end.

"We remain confident in the full year revenue and earnings guidance for each of our businesses and for UTC overall. Revenues are expected to grow to $59 billion with earnings per share in the range of $4.65 to $4.85, or 9 percent to 14 percent over the prior year. As we look to the back half of the year, we continue to adjust our operations in anticipation of the uncertain economic environment," Chenevert added.

Cash flow from operations was $888 million and capital expenditures were $237 million for the quarter. Share repurchase totaled $801 million for the first three months of the year.

"Cash flow from operations less capital expenditures was below net income for the quarter. Inventories grew seasonally at Carrier and remain high in the aerospace businesses where backlogs continue to expand. We continue to expect cash flow from operations less capital expenditures to meet or exceed net income for the full year," Chenevert continued.

The accompanying tables include information integral to assessing the company's financial position, operating performance, and cash flow.

United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries. Additional information, including a webcast, is available on the Internet at http://www.utc.com/.

This release includes "forward-looking statements" concerning expected revenue, earnings and cash flow; anticipated benefits of UTC's diversification and business model; and other matters. These matters are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements include the health of the global economy; strength of end market demand in building construction and in both the commercial and defense segments of the aerospace industry; fluctuation in commodity prices, interest rates, foreign currency exchange rates, and the impact of weather conditions; and company- specific factors including the availability and impact of acquisitions; the rate and ability to effectively integrate these acquired businesses; the ability to achieve cost reductions at planned levels; challenges in the design, development, production and support of advanced technologies and new products and services; delays and disruption in delivery of materials and services from suppliers; labor disputes; and the outcome of legal proceedings. The level of share repurchases may vary depending on the level of other investing activities. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's SEC filings as submitted from time to time, including but not limited to, the information included in UTC's 10-K and 10-Q Reports under the headings "Business," "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Cautionary Note Concerning Factors that May Affect Future Results," as well as the information included in UTC's Current Reports on Form 8-K.

Contact: John Moran, UTC (860) 728-7062 UTC-IR United Technologies Corporation Condensed Consolidated Statement of Operations Quarter Ended March 31, (Millions, except per share amounts) (Unaudited) 2008 2007 Revenues $ 13,701 $ 12,278 Cost and Expenses Cost of goods and services sold 9,981 8,996 Research and development 411 382 Selling, general and administrative 1,635 1,396 Operating Profit 1,674 1,504 Interest expense 165 150 Income before income taxes and minority interests 1,509 1,354 Income taxes 430 442 Minority interests 79 93 Net Income $ 1,000 $ 819 Net Earnings Per Share of Common Stock Basic $ 1.05 $ 0.85 Diluted $ 1.03 $ 0.82 Average Shares Basic 952 968 Diluted 975 993

As described on the following pages, consolidated results for the quarters ended March 31, 2008 and 2007 include non-recurring items, restructuring and related charges.

See accompanying Notes to Condensed Consolidated Financial Statements. United Technologies Corporation Segment Revenues and Operating Profit Quarter Ended March 31, (Millions) (Unaudited) 2008 2007 Revenues Otis $ 3,057 $ 2,728 Carrier 3,409 3,130 UTC Fire & Security 1,598 1,246 Pratt & Whitney 3,207 2,767 Hamilton Sundstrand 1,461 1,313 Sikorsky 1,023 1,006 Segment Revenues 13,755 12,190 Eliminations and other (54) 88 Consolidated Revenues $ 13,701 $ 12,278 Operating Profit Otis $ 580 $ 574 Carrier 248 213 UTC Fire & Security 115 86 Pratt & Whitney 526 490 Hamilton Sundstrand 229 218 Sikorsky 82 73 Segment Operating Profit 1,780 1,654 Eliminations and other (9) (63) General corporate expenses (97) (87) Consolidated Operating Profit $ 1,674 $ 1,504

As described on the following pages, consolidated results for the quarters ended March 31, 2008 and 2007 include non-recurring items, restructuring and related charges.

United Technologies Corporation Consolidated Operating Profit

Consolidated operating profit for the quarters ended March 31, 2008 and 2007 includes restructuring and related charges as follows:

Quarter Ended March 31, (Unaudited) 2008 2007 Otis $ 2 $ (2) Carrier 11 12 UTC Fire & Security 6 2 Pratt & Whitney 14 20 Hamilton Sundstrand 1 6 Sikorsky - (3) Total Restructuring and Related Charges $ 34 $ 35

Consolidated results for the quarter ended March 31, 2007 include the following non-recurring items.

Q1 - 2007 -- Otis: Segment results include an $84 million gain from the sale of land. The consolidated operating results include taxes related to the gain of approximately $29 million in addition to an approximately $27 million charge for the minority partner's interest in the gain. The resulting impact to consolidated net income is approximately $28 million. -- Pratt & Whitney: Approximately $40 million gain at Pratt & Whitney from a contract termination. -- Eliminations and Other: A $216 million loss recorded in connection with the European Union commission fine. -- Eliminations and Other: A $151 million gain from the sale of marketable securities.

In the first quarter, the net impact of the above items ($0.05 per share), together with $35 million of pre-tax restructuring and related charges ($0.02 per share), had a $0.07 adverse impact to earnings per share.

United Technologies Corporation Condensed Consolidated Balance Sheet March 31, December 31, 2008 2007 (Millions) (Unaudited) (Unaudited) Assets Cash and cash equivalents $ 3,139 $ 2,904 Accounts receivable, net 9,558 8,844 Inventories and contracts in progress, net 9,075 8,101 Other current assets 2,144 2,222 Total Current Assets 23,916 22,071 Fixed assets, net 6,477 6,296 Goodwill, net 16,415 16,120 Intangible assets, net 3,862 3,757 Other assets 6,383 6,331 Total Assets $ 57,053 $ 54,575 Liabilities and Shareowners' Equity Short-term debt $ 2,003 $ 1,133 Accounts payable 5,503 5,059 Accrued liabilities 12,099 11,277 Total Current Liabilities 19,605 17,469 Long-term debt 8,014 8,015 Other liabilities 6,864 6,824 Total Liabilities 34,483 32,308 Minority interest in subsidiary companies 984 912 Shareowners' Equity: Common Stock 10,498 10,358 Treasury Stock (12,157) (11,338) Retained Earnings 22,440 21,751 Accumulated other non-shareowners' changes in equity 805 584 21,586 21,355 Total Liabilities and Shareowners' Equity $ 57,053 $ 54,575 Debt Ratios: Debt to total capitalization 32% 30% Net debt to net capitalization 24% 23% United Technologies Corporation Condensed Consolidated Statement of Cash Flows Quarter Ended March 31, (Millions) (Unaudited) 2008 2007 Operating Activities Net Income $ 1,000 $ 819 Adjustments to reconcile net income to net cash flows provided by operating activities: Depreciation and amortization 319 278 Deferred income taxes and minority interest 41 (57) Stock compensation cost 58 54 Changes in working capital (481) (277) Other, net (49) (364) Net Cash Provided by Operating Activities 888 453 Investing Activities Capital expenditures (237) (208) Acquisitions and disposal of businesses, net (126) (110) Other, net (69) 158 Net Cash Used in Investing Activities (432) (160) Financing Activities Increase in borrowings, net 862 286 Dividends paid on Common Stock (293) (245) Repurchase of Common Stock (801) (500) Other, net (67) 82 Net Cash Used in Financing Activities (299) (377) Effect of foreign exchange rates 78 19 Net increase (decrease) in cash and cash equivalents 235 (65) Cash and cash equivalents - beginning of period 2,904 2,546 Cash and cash equivalents - end of period $ 3,139 $ 2,481 United Technologies Corporation Free Cash Flow Reconciliation Quarter Ended (Millions) March 31, 2008 March 31, 2007 (unaudited) (unaudited) Net income $ 1,000 $ 819 Depreciation and amortization 319 278 Change in working capital (481) (277) Other 50 (367) Cash flow from operating activities 888 453 Cash flow from operating activities as a percentage of net income 89% 55% Capital expenditures (237) (208) Capital expenditures as a percentage of net income (24%) (25%) Free cash flow $ 651 $ 245 Free cash flow as a percentage of net income 65% 30%

Free cash flow, which represents cash flow from operations less capital expenditures, is the principal cash performance measure used by the Company. Management believes free cash flow provides a relevant measure of liquidity and a useful basis for assessing the Corporation's ability to fund its activities, including the financing of acquisitions, debt service, repurchases of the Corporation's Common Stock and distribution of earnings to shareholders. Others that use the term free cash flow may calculate it differently. The reconciliation of net cash flow provided by operating activities prepared in accordance with Generally Accepted Accounting Principles to free cash flow is above.

United Technologies Corporation Notes to Condensed Consolidated Financial Statements (1) Debt to total capitalization equals total debt divided by total debt plus equity. Net debt to net capitalization equals total debt less cash and cash equivalents divided by total debt plus equity less cash and cash equivalents. (2) Organic growth represents the total reported increase within the Corporation's ongoing businesses less the impact of foreign currency translation, acquisitions and divestitures completed in the preceding twelve months and significant non-recurring items. Non-recurring items that are not included in organic growth in 2007 include an $84 million gain at Otis from the sale of land (See Note 3 below), a $40 million gain at Pratt & Whitney from a contract termination, and $151 million from the sale of marketable securities, and a $216 million loss recorded in connection with the EU commission fine during the first quarter. (3) Otis segment results for the first quarter for 2007 include an $84 million gain from the sale of land. The consolidated operating results include taxes related to the gain of approximately $29 million in addition to an approximately $27 million charge for the minority partner's interest in the gain. The resulting impact to consolidated net income is approximately $28 million.

United Technologies Corp.

CONTACT: John Moran of UTC, +1-860-728-7062

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

Company News On-Call: http://www.prnewswire.com/comp/913919.html

Featured Stocks on Today's Edition of WallSt.net's 3-Minute Press Show: CYTV, BSGC, INRA, GWTR, PDOS, NADVF, VSDW

NEW YORK, April 17 /PRNewswire/ -- WallSt.net's 3-Minute Press Show is a daily video program hosted by WallSt.net reporter, Tracee Tolentino.

Shows air Monday through Friday on: http://tv.wallst.net/3-min-press/3-min-press.php.

WallSt.net's 3-Minute Press Show features in-depth interviews with public company executives on their company and most recent press releases. The show is designed to provide viewers with insight into a company's most recent press release, and its impact on the company's growth.

The following executives were interviewed on today's show: -- Angela Du, Manager of Public Relations for China YouTV Corp. (BULLETIN BOARD: CYTV) (http://www.chinayoutv.com/) -- Darin Myman, CEO of BigString Corp. (BULLETIN BOARD: BSGC) (http://www.bigstring.com/) -- Lloyd Spencer, CEO of Innova Robotics & Automation, Inc. (BULLETIN BOARD: INRA) (http://www.innovaholdings.com/) -- George Kast, CEO of Global Water Technologies, Inc. (Pink Sheets: GWTR) (http://www.gwtr.com/) -- Brian Altounian, President and Chief Operating Officer for Platinum Studios, Inc. (BULLETIN BOARD: PDOS) (http://www.platinumstudios.com/index.php) -- Ken Barker, CEO of Naturally Advanced Technologies, Inc. (BULLETIN BOARD: NADVF) (http://www.naturallyadvanced.com/) -- Jordan Hudgens, CEO of Vidshadow, Inc. (Pink Sheets: VSDW) (http://vidshadow.tv/) About WallStreet Direct, Inc.

WallStreet Direct, Inc. a wholly-owned subsidiary of Financial Media Group, Inc., owns and operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net/) an online hub for business podcasts from well-known business news personalities and publishers. We have received four hundred ninety five dollars from Innova Robotics & Automation, Inc. for the dissemination of this press release. We have received four hundred ninety five dollars from Platinum Studios, Inc. for the dissemination of this press release. We have received four hundred ninety five dollars from BigString Corp. for the dissemination of this press release. We have received two thousand five hundred dollars from Global Water Technologies, Inc. for media and advertising services. We have received one million four hundred thousand restricted shares of CYTV from China YouTV Corp. for media and advertising services. We have received nine thousand nine hundred ninety five dollars from Vidshadow, Inc. for media and advertising services. We have received four hundred ninety five dollars from Naturally Advanced Technologies, Inc. for the dissemination of this press release. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.

About China YouTV Corporation:

The Company signed a Definitive Agreement with HuaJu to set up a Joint Venture in China on March 16, 2007. According to the Agreement, the China YouTV Corp. owns 51% of the joint venture company and will provide the required working capital for the Joint Venture. HuaJu will be in charge of the daily operation of the Joint Venture. HuaJu has agreed to conduct its video sharing business only through the Joint Venture, and has agreed to contribute its web site, http://www.cnboo.com/ and customer contracts to the Joint Venture.

About BigString Corp.

BigString Corporation, owner and operator of BigString.com, is a provider of social networking messaging applications and user-controllable email services. In addition to permitting users to send recallable, erasable, self-destructing emails and video emails, BigString's patent-pending technology allows emails and pictures to be rendered non-forwardable, non-printable and non-savable before or after the recipients read them, no matter what email service provider is used.

About Innova Robotics & Automation, Inc.

Innova Robotics & Automation pioneers innovative solutions for customers in the software, aerospace, research, and service industries. The Company is chartered to continue expanding its growing suite of technologies through acquisitions and organic growth. Visit Innova online at http://www.innovaroboticsautomation.com/.

About Global Water Technologies, Inc.

Global Water Technologies, Inc. is a "CleanTech" water treatment and services company with "clearly" innovative technologies, focused on the energy, power, oil and gas, process, HVAC and municipal markets. GWT has an established client base of over 500 customers in more than 25 countries worldwide. GWT's products treat over 10 billion gallons of water per day.

About Platinum Studios, Inc.

Platinum Studios is an entertainment company that controls an international library of comic book characters from all over the world, which it adapts, produces and licenses for all forms of media including print, film, online, mobile/wireless, gaming, and merchandising. Platinum Studios' library contains more than 5,600 characters spanning a full range of genres and styles, and also includes properties such as http://www.drunkduck.com/, the industry's preeminent webcomics community. Working with leading companies in the entertainment and new media sectors, Platinum believes it is well positioned to emerge as one of the front-runners in the creation of new content across all media platforms. Platinum Studios -- Comics Fueling Media EVERYWHERE!

About Naturally Advanced Technologies, Inc.

Naturally Advanced Technologies, Inc. is a Cleantech company focused on providing environmentally-friendly textile, composite, biomass and pulping solutions through the cost effective processing of industrial Hemp, and other bast fiber crops. This proprietary fiber processing platform, called CRAILAR(R), has been developed in conjunction with the National Research Council of Canada and the Alberta Research Council, with NAT owning the exclusive global licensing rights for this technology. The CRAILAR(R) process and resulting products and by-products are expected to have applications in textile, composite material, energy and pulp and paper markets. The Company is also a provider of sustainable, environmentally friendly fibers and fabrics through its apparel division HTnaturals Apparel Corp. Founded in 1998 in response to the growing demand for environmentally friendly, socially responsible clothing, NAT adheres to a "triple bottom line" philosophy, respecting the human rights of employees, the environmental impact of the Company's operations and fiscal responsibility to its shareholders. http://www.naturallyadvanced.com/.

About Vidshadow, Inc.

Founded in 2006 by CEO Jordan Hudgens and based in Orange County, CA, Vidshadow, Inc. is one of the Internet's fastest growing video distribution networks providing solutions to advertisers, content providers, and affiliate web sites. Vidshadow, Inc. offers advanced streaming video technologies for consumers and corporate enterprises to leverage for increased monetization and expanded brand reach. For more information, please visit http://www.vidshadow.com/.

Contact WallSt.net 800-4-WALLST

WallStreet Direct, Inc.; China YouTV Corp.; BigString Corp.; Innova

CONTACT: WallSt.net, 1-800-4-WALLST

AT&T Launches $100 Million Philanthropic Education Program, Job Shadowing for 100,000 Students, Research and Community Engagement Support to Address High School Dropout Crisis

CHICAGO, April 17 /PRNewswire-FirstCall/ -- Doing its part to help address the issue of nearly one-third of U.S. high school students dropping out, AT&T Inc. today announced the launch of AT&T Aspire, a $100 million philanthropic program, which includes job shadowing for 100,000 students nationwide, to help strengthen student success and workforce readiness.

"In the U.S., 1.2 million students drop out of high school every year. This has implications for individuals and for our nation's global economic leadership," said AT&T Chairman and CEO Randall Stephenson, who will address the topic Thursday at the Economic Club of Chicago. "AT&T Aspire is about supporting the great work already underway to help our kids succeed in school, and helping students see the connection between education and their best future."

Through the Aspire initiative, AT&T and the AT&T Foundation are committing $100 million (over four years, 2008 - 2011) toward high school success and workforce readiness. The platform includes four key elements:

-- Grants to schools and nonprofit organizations that are focused on helping students graduate from high school and become better prepared for college and/or the workforce. -- A student job shadowing initiative, involving 400,000 AT&T employee hours, that will give 100,000 students a firsthand look at the skills they will need to succeed in the 21st century workforce. -- The underwriting of national research that will explore the practitioner perspective (teachers, principals, superintendents, school counselors and school board members) on the high school dropout issue. -- Support for 100 state and community Dropout Prevention summits, announced earlier this month by America's Promise Alliance.

America's Promise Alliance recently noted that nearly one-third of U.S. high school students drop out before graduating -- with about 7,000 students dropping out every school day, or one every 26 seconds. And, March statistics from the U.S. Labor Department show that the 8.2 percent jobless rate for Americans with less than a high school education is 60 percent higher than the overall jobless rate of 5.1 percent.

This issue has significant long-term implications for workforce readiness and continued U.S. leadership in the global economy, Stephenson said.

According to the Alliance for Excellent Education, students who are unprepared to enter college cost the U.S. economy more than $3.7 billion annually in lost earnings and remedial education costs. And, according to the landmark study "The Silent Epidemic" by John Bridgeland, a high school dropout earns, on average, $9,200 less a year than a high school graduate and about $1 million less over a lifetime than a college graduate.

$100 Million AT&T Aspire Program Will Fund Education, Workforce Grants

As one of the largest-ever corporate commitments to high school retention and workforce readiness, the $100 million AT&T Aspire program will support proven organizations that promote educational success, from the classroom to the workplace.

Beginning this month, the AT&T Foundation -- the corporate philanthropy organization of AT&T Inc. -- will solicit grant proposals from schools and local organizations focused on high school retention.

AT&T Launches Unprecedented Companywide Job Shadow Initiative

The company's job shadowing initiative involves committing 400,000 employee volunteer hours to reach 100,000 students over the next five years. The program will pair AT&T employees with students in grades 9-12 so that students can experience the world of work and see firsthand the kinds of skills necessary to be successful in the workplace.

"AT&T is uniquely positioned to inspire tomorrow's workforce through job shadowing," said Bill Blase, senior executive vice president, Human Resources for AT&T. "With more than 300,000 employees, we are ready to motivate students and show them what a dynamic and diverse workplace is all about."

AT&T will work with Junior Achievement to administer and execute the effort. Junior Achievement is a recognized leader in job shadowing and a key member of the National Job Shadow Coalition, which also includes the U.S. Department of Education, the U.S. Department of Labor and America's Promise Alliance. The AT&T program is the largest-ever corporate job shadowing initiative Junior Achievement has undertaken.

Job shadowing is a proven way to improve high school success. According to Junior Achievement, 79 percent of students participating in job shadowing report that the program increased their desire to stay in school.

"We are thrilled that AT&T is joining forces with Junior Achievement to address one of the biggest challenges facing our young people and the businesses for whom they would work -- lack of work-readiness skills," said Jack Kosakowski, executive vice president and chief operating officer of JA Worldwide and president of Junior Achievement USA. "This partnership makes the critical connection between classroom lessons and the world of work so that students enter the workforce ready to contribute and succeed."

AT&T's two major unions, the Communications Workers of America and the International Brotherhood of Electrical Workers, are supporting the job shadowing initiative.

AT&T to Underwrite Landmark Research, Dropout Prevention Summits

Picking up where his seminal education study, "The Silent Epidemic," left off, John Bridgeland will turn his research to the perspectives of teachers and school administrators on the high school dropout crisis, including why students drop out, the barriers to keeping more students engaged and effective strategies to ensure more students stay on track to graduate. The research is being commissioned by AT&T and America's Promise Alliance.

"The statistics on our nation's dropout crisis are alarming, and the consequences of this crisis are devastating personally, socially, economically and civically," said Bridgeland. "This research will help provide schools and communities with important new perspectives to design policies and initiatives that will help address the dropout epidemic."

In addition, AT&T will help underwrite 100 state and community dropout-prevention summits. Led by America's Promise Alliance -- the nation's largest partnership alliance working on behalf of children and youth -- the summits will be held in all 50 states. The summits will increase public awareness of the dropout crisis, serve as a call to action for all Americans and develop workable solutions to improve graduation rates.

"Nearly one-third of all public high school students -- and nearly one-half of minority students -- fail to graduate with their classmates," said Marguerite Kondracke, president and CEO of America's Promise Alliance. "Through our Dropout Prevention summits, we will work closely with states and communities, listening to families, schools and students to find the best ways to fight the growing dropout crisis -- and apply those lessons as quickly as possible."

Stephenson said, "Investing in a well-educated workforce may be the single most important thing we can do to help America remain the leader in a digital, global economy."

For more information about the AT&T Aspire initiative, please visit http://www.att.com/education-news.

About JA Worldwide(R) (Junior Achievement)

JA Worldwide is the world's largest organization dedicated to inspiring and preparing young people to succeed in a global economy. Through a dedicated volunteer network, JA Worldwide provides in-school and after-school educational programs for students which focus on three key content areas: entrepreneurship, work readiness, and financial literacy. Today, 140 individual area operations reach approximately four million students in the United States, with an additional 3.3 million students served by operations in 119 other countries worldwide. For more information, visit http://www.ja.org/.

About the America's Promise Alliance

America's Promise Alliance is the nation's largest partnership alliance comprised of corporations, nonprofit organizations, foundations, policymakers, advocacy and faith groups committed to ensuring that children receive the fundamental resources -- the Five Promises -- they need to lead successful, healthy and productive lives and build a stronger society. Building on the legacy of our founder General Colin Powell, the Alliance believes a child's success is grounded in experiencing the Five Promises -- caring adults; safe place; a healthy start; an effective education; and opportunities to help others -- at home, in school and in the community. For more information visit: http://www.americaspromise.org/.

About Civic Enterprises

Civic Enterprises is a public policy firm that helps corporations, nonprofits, foundations, universities and governments develop and spearhead innovative public policies to strengthen our communities and country. President and CEO John M. Bridgeland authored "The Silent Epidemic: Perspectives of High School Dropouts," which showed that most dropouts could have graduated from high school if they had had more support. Bridgeland also led the National Summit on America's Silent Epidemic with the Bill & Melinda Gates Foundation, the National Governors Association, TIME Magazine and MTV that prompted action at the federal, state and local levels around a 10 point plan of action to increase graduation rates and college and workforce readiness. For more information, visit http://www.civicenterprises.net/.

About Jobs for America's Graduates

Jobs for America's Graduates (JAG) is a non-profit organization and youth development program dedicated to helping at-risk youth graduate from high school and make successful transitions to postsecondary education and meaningful employment. JAG has served over 550,000 youth since its inception in 1980 and is currently helping 40,000 young people in 700 high schools, middle schools, community colleges and other locations in 27 states to achieve academic, career and life success. For more information, visit http://www.jag.org/.

About Philanthropy at AT&T

AT&T Inc. is committed to advancing education, strengthening communities and improving lives. Through its philanthropic initiatives and partnerships, AT&T supports projects that create learning opportunities; promote academic and economic achievement; and address community needs. In 2007, AT&T contributed more than $164 million through corporate-, employee- and AT&T Foundation-giving programs. AT&T and the AT&T Foundation, the corporate philanthropy organization of AT&T, combine more than $1.9 billion of historic charitable commitment to communities across the country.

About AT&T

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

(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.

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

AT&T Inc.

CONTACT: Eric Hausken of AT&T Inc., +1-512-495-7168,
ehausken@attnews.us

Web site: http://www.att.com/
http://www.ja.org/
http://www.americaspromise.org/
http://www.civicenterprises.net/
http://www.jag.org/

NetSuite Delivers NetSuite OneWorld - First Mid-Market Product for Multi-National Companies to Manage Front and Back Office Operations in Real-TimeIntegrated Suite and Cloud Computing Allow Midsized Companies to Think Locally AND Globally by Unifying Business Operations in a Single System

SAN MATEO, Calif., April 17 /PRNewswire-FirstCall/ -- NetSuite Inc. , a leading vendor of on-demand, integrated business management software suites that include Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce software for small and midsized businesses and divisions of large companies, today announced NetSuite OneWorld, a cloud computing solution which enables multi-national and multi-subsidiary companies to manage their global business operations in real-time. For more details on NetSuite OneWorld, please visit http://www.netsuite.com/oneworld

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

NetSuite OneWorld makes real-time, global business management feasible for the first time by combining a mature, multi-company business application suite with cloud computing delivery. The new release adds a key enhancement to NetSuite's One System data model to enable multiple companies and subsidiaries to operate in a single database instance. This re-architecture is the biggest product enhancement since the introduction of NetSuite itself, to provide the product's signature capability to deliver deep and locally/nationally appropriate functionality (currency, taxation, language, reporting, dashboards, etc.) while providing for instantaneous global roll-up, visibility and compliance management. NetSuite's native Software as a Service (SaaS) delivery model enables the OneWorld functionality to be accessed anywhere simply by opening a browser, and eliminates the enormous IT issues associated with traditional approaches to global business management. The combination of the new NetSuite OneWorld capabilities and NetSuite's cloud computing delivery platform eliminates the cost and technology barriers facing midsized companies operating globally.

NetSuite OneWorld is to date the first and only announced on-demand system to deliver real-time subsidiary management and business consolidation capabilities to mid-market companies for front-office, back-office and ecommerce operations. Prior to NetSuite OneWorld, only large companies willing to spend tens to hundreds of millions of dollars could approach such levels of business integration. Mid-sized companies using traditional applications such as Microsoft Dynamics GP (often referred to as Great Plains) could achieve a low-level of business integration, but often only see limited consolidated financials of suspect value. Of course, large systems such as SAP or mid-market systems like Microsoft Dynamics GP are not delivered as native web-applications, so any attempt at limited business consolidation required large expenditures in IT costs and systems management.

NetSuite OneWorld gives mid-sized companies a more powerful, globally integrated system than even the world's largest companies have. Rather than costing millions of dollars for the capability, NetSuite OneWorld is available as a simple add-on capability to NetSuite for $1,999 per month. Delivered as a cloud computing service, there are no on-going costs to manage or maintain the application. Rather than taking years to implement, NetSuite OneWorld can be up and running in as little as six weeks, and there are currently more than 30 companies live on NetSuite OneWorld, with another 50 in process. Finally, Return-on-Investment (ROI) on NetSuite OneWorld is truly remarkable, with many customers achieving complete ROI immediately upon implementation (source: Nucleus Research note i50 published April 2008 available at http://www.nucleusresearch.com/).

"We were able to roll out NetSuite OneWorld across 3 global locations -- our U.S. headquarters, a newly acquired subsidiary in France and a newly created subsidiary in Japan -- in just 6 weeks," said Tod Harmon, CFO of Six Apart. "Now with the global deployment complete, NetSuite OneWorld gives us a comprehensive view of our entire operation from a consolidated standpoint -- financials in local currency for our individual entities, as well as reporting on our subsidiaries in a single consolidated, global, multi-currency system."

"NetSuite is the first company to deliver a real-time multi-company, multi-national business system built on a Software as a Service platform that gives mid-market companies local and global visibility across front office and back office operations in real-time. This is a bold move," said Bruce Richardson, Chief Research Officer of AMR Research.

"With NetSuite OneWorld, we are delivering capabilities to mid-sized companies that even the world's largest companies have failed to achieve after spending millions of dollars," said Zach Nelson, CEO of NetSuite. "The combination of Cloud Computing with NetSuite OneWorld delivers local control with global visibility, not just across financials but across every aspect of the business -- from lead to forecast to order to cash collection."

With NetSuite OneWorld, companies with multiple subsidiaries, business units and legal entities can use the integrated software suite to help manage local operations across multiple locations, and roll the data up for regional and global visibility in their currency of choice. Individual users at the local level get an application in their language and can transact in the local currency with local taxes and operational compliance enforced. So a sales rep entering an order or a finance user billing an invoice in Japan both use NetSuite OneWorld in Japanese, with Japanese Yen as their currency. Regional managing directors and executives at corporate headquarters have real-time visibility to these local operations -- both in the local currency used at the subsidiary level, as well as converted to regional and corporate currencies, based on their location. For example, the Japanese subsidiary can roll up to regional headquarters in Singapore with conversion to the Singapore Dollar or examined at the subsidiary level in Japanese Yen -- so performance metrics and key business indicators are an apples to apples comparison with everyone driving to the same goal, rather than dealing with data out of different systems with no basis for comparison, making it difficult to drive global business success.

Built from the ground up as one system that includes ERP, CRM and Ecommerce, NetSuite OneWorld addresses complex multi-national and multi-company needs of these mid-market, global organizations. Internationally, NetSuite OneWorld can readily enable businesses to adjust for currency, taxation and legal compliance differences at the local level, with regional and global business consolidation and roll-up. Within one country, NetSuite OneWorld is also helpful for companies growing via acquisition or expanding rapidly and needing to bring a subsidiary on quickly to a consolidated management view. In addition to Global ERP and Global CRM capabilities, NetSuite OneWorld goes beyond any traditional business application by enabling multi-site Ecommerce capabilities -- complete with multi-currency, multi-language, local tax compliance and local inventory sourcing capabilities. Additional benefits of NetSuite OneWorld include the following:

NetSuite OneWorld Allows Companies' Back Office ERP Operations to Act Locally and Roll-up Globally

NetSuite OneWorld has Global ERP capabilities that deliver multi-currency business consolidation of financials and real-time roll-up across accounts receivable, accounts payable, payroll, inventory, billing, invoicing and order fulfillment from local in-country operations, to the regional office, to global headquarters. Costs can be reduced with NetSuite OneWorld because companies are able to staff back-office operations centrally and the same employees can handle operations across multiple subsidiaries. Because NetSuite OneWorld includes complete multi-currency management with automated currency rate updates, corporate headquarters or the parent company benefit from multiple levels of consolidated reporting that always accurately reflect currency conversion. Businesses running on NetSuite OneWorld can also populate a single chart-of-accounts across subsidiaries, or use separate charts-of-accounts for each company with postings between subsidiaries such as expense allocation managed via inter-company journals. Local taxes are also readily handled across subsidiaries thanks to an embedded tax engine that allows for multiple tax schedules for everything from GST, to VAT, to consumption tax or general sales tax. Revenue recognition, local financial reporting and compliance are also built-in components of NetSuite OneWorld. Finally, NetSuite OneWorld allows for global order management and sourcing with the ability to manage inventory and fulfillment across multiple locations with product items represented globally or on a per subsidiary basis.

NetSuite OneWorld Provides Global CRM to Improve Global Selling

NetSuite OneWorld has Global CRM capabilities that allow for management of multi-currency quotas, forecasts, commission payments, sales tax calculations and real-time reporting for everyone in a global sales organization from the local rep, to the regional vice president to the head of worldwide sales. Additionally, growing companies typically employ multiple sales channels for their global sales operations so NetSuite OneWorld allows for automation of common sales channels employed internationally including direct sales, distribution partner networks and Ecommerce. For instance, local direct sales reps can use a localized interface to transact in their local language and currency and see their quota, forecast, sales and commissions locally. Multi-currency conversion and business consolidation then allow those same local transactions to be rolled-up to regional and global levels with currency conversion occurring at each level. So a sales rep in Germany can interact with a user interface in German and enter an opportunity or an order in Euros, while the Managing Director for the EMEA region based in the UK can use an English user interface and may see that same order forecasted in British Pounds, and the head of Worldwide Sales based in the US headquarters can see it forecasted in US Dollars. Additionally, marketing and customer support operations can also be managed globally using NetSuite OneWorld so processes such as lead routing and trouble ticket assignment can easily be handled across regions or in-country, with global customer visibility and real-time measurement of marketing and service operational performance.

NetSuite OneWorld Makes Global Ecommerce Operations Feasible

With multi-site, multi-currency, multi-language, local tax compliance and local inventory sourcing capabilities, NetSuite OneWorld makes Global Ecommerce operations a snap. Additionally, if separate subsidiaries call for different branding on websites, each site can be run from the same NetSuite OneWorld account but with a different look and feel applied, and with different items and pricing schedules exposed on each site. Every page, product item and button on the site can be translated into a nearly unlimited number of languages, while local taxes and currencies are handled automatically as part of the checkout process. All Ecommerce sales are rolled-up and consolidated at the subsidiary, country, regional or global level, allowing for analysis against other sales channels, as well as spotting performance trends across various locations.

NetSuite OneWorld Delivers Real-Time Analytics for Global Organization to Make Timely Course Corrections

NetSuite OneWorld includes Global Business Intelligence capabilities that support local, regional and global metrics across a wide range of aspects of the business in real-time with currency conversion occurring as needed at each level of the subsidiary management hierarchy. With the benefit of consolidated data that NetSuite OneWorld provides, the decision-making process within a business is immediately improved with a plethora of pre-built metrics that can be tailored and personalized for role-based dashboards. Executives and regional managers can set their key indicators for each individual region or subsidiary and have complete drill-down to the specific transaction. Financial officers can easily analyze the general ledger impact of transactions at the local, regional or global level while sales executives can analyze quota, forecast sales and commissions at any level of sales hierarchy, based on their operational access. With all key business metrics visible and measurable in real-time across all business operations, executive decision making and timely course corrections are a few clicks away, rather than having to wait so long for research to be completed that the question to be resolved becomes moot.

Pricing and Availability:

Available now, NetSuite OneWorld is an add-on module to the base NetSuite product and is offered for $1,999 per month.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business management software suites for small and midsized businesses. NetSuite enables companies to manage core business operations in a single system, which includes Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

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AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com NetSuite Inc.

CONTACT: Mei Li of NetSuite, +1-650-627-1063, meili@netsuite.com

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

Virgin Money Australia Banks on NetSuite OneWorld

SAN MATEO, Calif. and SYDNEY, Australia, April 17 /PRNewswire-FirstCall/ -- NetSuite Inc. , announced today that Virgin Money Australia, the financial services arm of Sir Richard Branson's Virgin Group, has switched from an outsourced solution to NetSuite OneWorld. NetSuite OneWorld provides Virgin Money with one system to run its business operations more efficiently, enabling cost savings for itself as well as savings that can be passed along to customers. NetSuite is a leading vendor of on-demand, integrated business software suites that include Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce software for small and midsized businesses and divisions of large companies.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

Since May 2003, Virgin Money has shaken up the country's financial services industry by fighting to keep the big banks honest with home loans, superannuation (a pension program for employees in Australia) and credit cards. The company's ambition for financial services provides customers with greater value for money products and services, innovation and excellent customer service.

By early 2007, the company was looking to shake off its outsourced business accounting software and bring the task in-house, and on a platform that could handle more of Virgin Money's needs, plus its rapid growth. The challenge was that if the company chose to manage the previous business accounting software in house, instead of having it outsourced, it would have required extra capital expenses for servers, storage, climate control and security measures. In addition, the previous accounting software's reporting capabilities did not deliver what was required to successfully manage the business accounting, as it lacked useful dashboards, was not easily customized and was generally difficult to use.

Virgin Money found a cost-effective alternative in NetSuite, which will provide a significant savings to the business -- for many reasons. First, NetSuite is delivered as Software-as-a-Service (SaaS) business software, so the customer does not need any servers or server rooms. Second, NetSuite's comprehensive suite includes not just accounting software and real-time dashboards, but also financial processes and reporting that are better integrated than the alternative they have replaced. Most importantly, NetSuite gives Virgin Money the necessary room to grow.

"NetSuite can be tailored to suit every role in our company, giving staff the information they need and the access rights we want them to have," said Andy Sampson, Financial Controller at Virgin Money. "As a growing company, we want to have options, in case we need to roll it out to our call center, another location, other subsidiaries, or even add users as we add new staff. With NetSuite, we can do that. Now we're running our company far more efficiently and cost-effectively than before, which means we can pass the savings on to customers."

Through NetSuite OneWorld, and with the help of NetSuite Professional Services, Virgin Money now has the ability to handle multiple companies in one instance of the platform. NetSuite, unlike other packages, consolidates Virgin Money's subsidiary businesses into its main business.

NetSuite OneWorld has the multi-company capabilities and Web-based platform that make it the right fit for Virgin Money Australia. Virgin Money's internal processes, such as bank reconciliation, purchase order processing, and paying expenses, are now automated, simplified and more accurate.

For more information about this story, please visit http://www.netsuite.com/virginmoney

About Virgin Money

Virgin Money is the financial services arm of Sir Richard Branson's Virgin Group. With businesses in UK, South Africa, Unites States and Australia, Virgin Money is fast becoming a recognized brand in the financial services sector. Virgin Money launched in Australia in May 2003 to do one thing - shake up the financial services industry. That has been achieved with award-winning products spanning credit cards, home loans and superannuation. Virgin Money products are simple, great value and transparent, and they are backed up by the world-famous Virgin customer service. For more information, please visit http://www.virginmoney.com.au/

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business software suites for small and midsized businesses. NetSuite enables companies to manage core business operations in a single system, which includes Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service-marks of NetSuite, Inc. Other marks are the property of their respective owners.

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AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com NetSuite Inc.

CONTACT: Mei Li of NetSuite, +1-650-627-1063, meili@NetSuite.com

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

Six Apart Eliminates Degrees of Separation With NetSuite OneWorldLeader in Blogging Software Brings Together Paris, San Francisco, and Tokyo with NetSuite OneWorld for Single, Worldwide View of its Business and Financial AccountingBusiness Software Up and Running Within Six Weeks, Improving Monthly Accounting Closing Cycle For Better GAAP Compliance

SAN FRANCISCO and SAN MATEO, Calif., April 17 /PRNewswire-FirstCall/ -- NetSuite Inc. , a leading vendor of on-demand, integrated business software suites that provide Accounting / ERP (Enterprise Resource Planning), CRM (Customer Relationship Management) and Ecommerce functionality for small and medium-sized businesses and divisions of large companies, today announced that Six Apart, the world's leading independent blogging software and services company, has integrated its business operations with NetSuite OneWorld. NetSuite OneWorld enables Six Apart's TypePad, Movable Type, and VOX blogging businesses to have one suite of business accounting software, including financials and revenue recognition, without requiring a large accounting staff or expensive on-premise business software.

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After acquiring a subsidiary in France and creating one in Japan, Six Apart, a well-known, fast-growing leader in the blogosphere, soon found itself needing to invoice its customers in euros and yen. The company also wanted to keep its books of record in one consistent place. QuickBooks accounting software was unable to accomplish that with different locations and multiple currencies. In addition, Six Apart's subscription business needed to recognize revenue on a daily basis, and its complex, unwieldy amortization spreadsheets were time-consuming.

To overcome these challenges, Six Apart switched its disparate accounting software systems to NetSuite OneWorld -- an implementation that took only six weeks. Now, the company's revenue recognition accounting is GAAP compliant, which allows Six Apart to look further down the road to closing books and worry-free financial reporting. Most importantly, NetSuite's new OneWorld capability allows Six Apart to consolidate its three instances of NetSuite into a single, unified view. This gives Six Apart's Chief Financial Officer the ability to show financials in local currency (for each individual entity) as well as the ability to run financial reports in a consolidated, multi-currency ERP / Accounting software system.

"Now we don't have any extra steps in reporting to our CEO and board, and I have more insight into how each of my regions is performing," said Tod Harmon, CFO, Six Apart. "I can respond to an ad hoc question from anyone, without the need to download a spreadsheet and consolidate the information myself. NetSuite OneWorld gives us an extensive view of our entire business operation -- every subsidiary including consolidated accounts receivable and accounts payable -- from a consolidated standpoint."

NetSuite's SaaS model gives Six Apart's executives the freedom they need to be able to do business around-the-clock, without being tied to a desk. They can all access NetSuite anytime, anywhere, and that flexibility works well given the time differences between San Francisco, Paris and Tokyo. Company executives can all log in and share the same business and financial data, and they don't need to manage a virtual private network or any other complicated IT infrastructure -- they just point their browsers at NetSuite and log in.

Already, NetSuite OneWorld has helped Six Apart to avoid significant spending on IT administration costs. With the addition of NetSuite OneWorld, the company has shaved days off of its monthly accounting closing cycle -- making the company much more efficient and giving executives insight into the details they need, by channel, customer, product, or region. With the aid of NetSuite OneWorld, Six Apart can manage the business of an accelerating international operation with very little headcount resources in its accounting group. NetSuite has allowed Six Apart to scale without spending a lot of resources on administration.

"For the small amount we pay each month," said Harmon, "we get a global financial consolidation system that has all the power and features a company our size needs, and more."

About Six Apart

Six Apart Ltd. provides award-winning blogging software and services that change the way millions of individuals, organizations, and corporations connect and communicate across the world every day. Founded in 2002 by husband and wife team Ben and Mena Trott, Six Apart is a global company with its headquarters in San Francisco, CA, and offices in Europe and Japan. The company continues to lead in the blogging and social media industry with the Movable Type publishing platform, the TypePad hosted blogging service, and Vox, a free blogging service for friends and families. For more information visit the Six Apart corporate web site at http://www.sixapart.com/.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business software suites that include Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce software for small and midsized businesses and divisions of large companies. NetSuite enables companies to manage core business operations in a single system. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

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CONTACT: Mei Li of NetSuite Inc., +1-650-627-1063, meili@NetSuite.com

Web site: http://www.netsuite.com/
http://www.sixapart.com/

Domin-8 Enterprise Solutions Tightens Its Grip With NetSuite Business Software, Replacing Microsoft Dynamics Great Plains and Salesforce.comAfter Business Consolidation of 8 Competitors in Multiple Countries, Tripling Staff and Adding Complexity, Domin-8 Turns to NetSuite OneWorld for Managing End to End Business Operations Worldwide

SAN MATEO, Calif. and MASON, Ohio, April 17 /PRNewswire-FirstCall/ -- NetSuite Inc. , a leading vendor of on-demand, integrated business software suites that provide Accounting / ERP (Enterprise Resource Planning), CRM (Customer Relationship Management) and Ecommerce software for small business, medium-sized organizations and divisions of large companies, announced that Domin-8 Enterprise Solutions, the leading provider of integrated business software and solutions for the residential property management industry, has completely integrated its business operations on NetSuite OneWorld. With the order and stability NetSuite's end-to-end solution provides, Domin-8 has successfully integrated several acquired businesses in a short period of time, saving $300,000 in salary costs through efficiency and automation. To do this, it had to replace its legacy Microsoft Dynamics GP (Great Plains), and other CRM products, such as Salesforce.com, that it inherited from the acquired companies. Domin-8 relies now on NetSuite as its business operations solution. Sales, marketing, accounting, analysis, reporting, multi-geography and multi-currency management are all managed through NetSuite OneWorld and the company is now implementing customer maintenance and automated renewals tracking. For more information on this story please visit http://www.netsuite.com/domin-8.

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Challenges abounded after Domin-8 Enterprise Solutions acquired eight competitors in a short 18-month span, more than tripling its staff. Many geographical and logistical issues needed to be dealt with to effectively manage the organization. With sales, support, and development operations distributed in several locations across the U.S. and Canada, Domin-8 knew that it needed a business solution which could thoroughly consolidate all of its interests without sacrificing capability. The company operated for a short time on its legacy Microsoft Dynamics Great Plains system and inherited systems -- including front-end systems MS-CRM and Salesforce.com -- of the formerly independent firms, but inefficiencies and overlap made it clear that a fully integrated approach was needed.

"We had no visibility, no consolidated reporting, all of the problems you would expect from disparate systems," said Tom Thistleton, COO of Domin-8 Enterprise Solutions. "Our salespeople needed to know how to use three or four legacy systems just to generate business."

NetSuite was the natural choice for Domin-8's business consolidation of its operations, located in several cities across the U.S. and Canada. Thanks to NetSuite OneWorld, all of Domin-8's business activity, including full customer and transactional data, is available in a single, unified application. Such clarity and efficiencies have enabled Domin-8 to grow rapidly without the need to hire numerous additional administrators and support staff, making it possible for sales and marketing managers to oversee efforts taking place in dispersed geographies and deep product lines.

Integrated reporting has made it easier for Domin-8's sales and marketing managers to meet corporate goals by analyzing performance on several dimensions, including market segment, product group, and salesperson. Much of Domin-8's strategy relies on retaining and upselling existing customers, and the single customer record base gives the company a clear path to meet customers' needs as the property management marketplace evolves. NetSuite OneWorld's multi-currency support has made Domin-8's international operations much easier to manage as well. True budget-to-actual tracking can be done across the enterprise, allowing Domin-8 to drill down on every cost and revenue line item on its income statement transparently across the various borders.

Domin-8 is still growing, as is its reliance on NetSuite. "As an investor-backed, high-growth company with fairly complex international operations, we needed a comprehensive solution, and we are very comfortable with the depth and power NetSuite OneWorld provides," Thistleton said.

About Domin-8 Enterprise Solutions

Domin-8 Enterprise Solutions is the leading provider of integrated business solutions, both software and services, for the residential property management industry. Domin-8 offers a portfolio of advanced solutions for all types and sizes of property management companies -- conventional, compliance, home owner associations, commercial, retail, senior, student and military. To provide a single point of control for most every aspect of these businesses, Domin-8 also delivers a growing suite of tightly integrated, patent-pending Value Added Services such as Background Screening, Renters Insurance, Resident Services Activation, and Electronic Payments. Additionally, Domin-8 offers a complete portfolio of training, implementation and support services. For more information, visit http://www.domin-8.com/.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business software suites for small and midsized businesses. NetSuite enables companies to manage core business operations in a single system, which includes Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service-marks of NetSuite, Inc. Other marks are the property of their respective owners.

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CONTACT: Mei Li of NetSuite, +1-650-627-1063, meili@NetSuite.com

Web site: http://www.netsuite.com/
http://www.domin-8.com/

Nokia Q1 2008 Net Sales of EUR 12.7 Billion, Reported EPS of EUR 0.32 (EUR 0.38 Excl Special Items)Profitability Strong for the Quarter - Operating Profit up 39% Year on Year, Excluding Special Items

HELSINKI, April 17 /PRNewswire-FirstCall/ --

Nokia Corporation Interim Report April 17, 2008 at 13.00 (CET +1)

The complete press release with tables is available at http://www.nokia.com/results/results2008Q1e.pdf.

NOKIA IN THE FIRST QUARTER 2008* EUR million Q1/2008** Q1/2007** Change Net sales 12 660 9 856 28% Devices & Services 9 263 8 163 13% Nokia Siemens Networks 3 401 1 697 Operating profit 1 531 1 272 20% Devices & Services 1 883 1 252 50% Nokia Siemens Networks*** -74 78 Group Common Functions -278 -58 Operating margin (%) 12.1 12.9 Devices & Services (%) 20.3 15.3 Nokia Siemens Networks (%)*** -2.2 4.6 Net profit 1 222 979 25% EPS, EUR Diluted*** 0.32 0.25 28%

*As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the first quarter 2008 are not directly comparable to results for the first quarter 2007. Nokia's first quarter 2007 included the former Nokia Networks business group only.

As of January 1, 2008, our three mobile device business groups, Mobile Phones, Multimedia and Enterprise Solutions, and the supporting horizontal groups were replaced by an integrated business segment, Devices & Services. Prior period results for Nokia and its reportable segments have been regrouped for comparability purposes according to the new reportable segments (on an unaudited basis). Link to regrouped 2007 financials: http://www.nokia.com/investors

** Q1 2008 special items: - EUR 217 million loss due to transfer of Finnish pension liabilities (impacting Common Group Functions) - EUR 81 million facilities impairment and other charges related to closure of the Bochum site in Germany (impacting Devices & Services operating profit) - EUR 65 million gain due to transfer of Finnish pension liabilities (impacting Nokia Siemens Networks operating profit) - EUR 100 million restructuring charge (impacting Nokia Siemens Networks operating profit) - Excluding the net impact of these special items, diluted EPS was EUR 0.38 ** Q1 2007 special items: - EUR 32 million restructuring charges (impacting Devices & Services operating profit) - EUR 25 million charge related to restructuring of a subsidiary company (impacting Devices & Services operating profit) - EUR 12 million charge for Nokia Siemens Networks related incremental costs expensed during the first quarter (impacting Networks operating profit) - Excluding the impact of these special items, diluted EPS was EUR 0.26.

*** Important note to Nokia Siemens Networks Q1 2008 operating profit and Nokia EPS, both including and excluding special items: In addition to the 'special items' listed above, Nokia Siemens Networks reported operating profit also included EUR 120 million of intangible asset amortization and other purchase price accounting related items arising from the formation of Nokia Siemens Networks.

FIRST QUARTER 2008 HIGHLIGHTS - Nokia net sales of EUR 12.7 billion, up 28% year on year (up 35% at constant currency). - Nokia diluted EPS of EUR 0.38, growing 46% from Q1 2007, excluding special items. - Nokia operating margin of 14.7%, up year on year from 13.6% in Q1 2007, down sequentially from 15.9% in Q4 2007, excluding special items. - Nokia Devices & Services operating margin of 21.2%, up year on year from 16.0%, down sequentially from 22.8% in Q4 2007, excluding special items. - Nokia operating cash flow of EUR 0.8 billion. - Nokia device volumes of 115.5 million units, up 27% year on year and down 13% sequentially. - Estimated industry device volumes of 295 million units, up 17% year on year and down 12% sequentially. - Nokia estimated device market share of 39%, up from 36% in Q1 2007 and down from 40% in Q4 2007. - Nokia device ASP of EUR 79, down from EUR 83 in Q4 2007. (Device ASP excludes net sales from Services & Software) - Nokia Siemens Networks operating margin was -1.1%, excluding special items, and was a positive 2.4%, excluding special items and purchase price accounting related items arising from the formation of Nokia Siemens Networks. OLLI-PEKKA KALLASVUO, NOKIA CEO:

"Nokia had strong profitability in the first quarter, with both operating profit and EPS up significantly year on year. The overall device market developed as expected, with the greatest demand in emerging markets, where our position is very strong. The competitiveness of our product portfolio is reflected in our market share and we target market share gains in the second quarter. The portfolio is renewed on a continuous basis. While we will not have major new products shipping in the second quarter, we expect a number of new products to be shipping, and to have a positive impact on our results, in the second half of 2008."

INDUSTRY AND NOKIA OUTLOOK - Nokia expects industry mobile device volumes in the second quarter 2008 to be up slightly sequentially, similar to the market growth in the second quarter 2007, compared to the first quarter 2007. - We expect Nokia's mobile device market share in the second quarter 2008 to increase sequentially. - Nokia continues to expect industry mobile device volumes in 2008 to grow approximately 10% from the approximately 1.14 billion units Nokia estimates for 2007. - Nokia expects the mobile device market to decline in value in Euro terms in 2008, compared to 2007. The change from our previous estimate of value growth for this market primarily reflects the negative impact of the recently weakened US dollar, the general economic slowdown in the US, and possibly going forward some economic slowdown in Europe. - Nokia continues to expect some decline in industry ASPs in 2008, primarily reflecting the increasing impact of the emerging markets and competitive factors in general. - Nokia continues to target an increase in its market share in mobile devices in 2008. - Nokia expects the mobile and fixed infrastructure and related services market to be flat in Euro terms in 2008, compared to 2007. The change from the previous estimate of "very slight growth" for this market primarily reflects the negative impact of the recently weakened US dollar. - Nokia and Nokia Siemens Networks target for Nokia Siemens Networks market share to remain constant in 2008, compared to 2007. - Nokia and Nokia Siemens Networks cost synergy target for Nokia Siemens Networks is to achieve substantially all of the EUR 2.0 billion of targeted annual cost synergies by the end of 2008, as previously announced. Q1 2008 FINANCIAL HIGHLIGHTS

(Comparisons are given to the first quarter 2007 results, unless otherwise indicated.)

As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the first quarter 2008 are not directly comparable to results for the first quarter 2007. Nokia's first quarter 2007 included the former Nokia Networks business group only.

As of January 1, 2008, our three mobile device business groups, Mobile Phones, Multimedia and Enterprise Solutions, and the supporting horizontal groups were replaced by an integrated business segment, Devices & Services. Prior period results for Nokia and its reportable segments have been regrouped for comparability purposes according to the new reportable segments (on an unaudited basis). Devices & Services has three business units, Devices, Services & Software and Markets, supported by a Corporate Development Office. Link to regrouped 2007 financials: http://www.nokia.com/investors.

Nokia Group

Nokia's first quarter 2008 net sales increased 28% to EUR 12.7 billion, compared with EUR 9.9 billion in the first quarter 2007. At constant currency, group net sales would have increased 35%.

Nokia's first quarter 2008 operating profit grew 20% to EUR 1.5 billion (including the EUR 333 million net negative impact of special items), compared with EUR 1.3 billion in the first quarter 2007 (including a EUR 69 million negative impact of special items). The special items for the first quarter 2008 included a EUR 217 million loss due to transfer of Finnish pension liabilities (impacting Common Group Functions), a EUR 65 million gain due to transfer of Finnish pension liabilities (impacting Nokia Siemens Networks operating profit) and a EUR 100 million restructuring charge in Nokia Siemens Networks (impacting Nokia Siemens Networks operating profit). The special items for the first quarter 2008 also included a EUR 81 million facilities impairment and other charges related to the closure of the Bochum site in Germany (impacting Devices & Services operating profit), which did not include any of the people related costs of EUR 200 million already disclosed. The remaining charges are expected to be recorded during the subsequent periods in 2008. Nokia's first quarter 2008 operating margin was 12.1% (12.9%), including the EUR 333 million net negative impact of the special items. Excluding the special items, Nokia's first quarter 2008 operating margin was 14.7% (13.6%).

Operating cash flow for the first quarter 2008 was EUR 0.8 billion, compared with EUR 1.6 billion for the first quarter 2007, and total combined cash and other liquid assets were EUR 10.4 billion on March 31, 2008, compared with EUR 11.8 billion at December 31, 2007. As of March 31, 2008, our net debt-equity ratio (gearing) was -53%, compared with -61% at December 31, 2007.

Devices & Services

In the first quarter 2008, the total mobile device volume of our Devices & Services group reached 115.5 million units, representing 27% year on year growth and a 13% sequential decrease. The overall industry volume for the same period reached an estimated 295 million units, representing 17% year on year growth and a 12% sequential decrease.

Converged device industry volumes increased to an estimated 33.3 million units, compared with an estimated 23.5 million units in the first quarter 2007. Our own converged device volumes rose to 14.6 million units, compared with 11.8 million units in the first quarter 2007. We shipped close to 10 million Nokia Nseries and almost 2 million Nokia Eseries devices during the first quarter 2008.

The following chart sets out our mobile device volumes for the periods indicated, as well as the year on year and sequential growth rates, by geographic area.

NOKIA MOBILE DEVICE VOLUME BY GEOGRAPHIC AREA (million units) Q1 2008 Q1 2007 YoY Change (%) Q4 2007 QoQ Change (%) Europe 25.7 23.9 7.5 37.2 -30.9 Middle East & Africa 20.2 15.7 28.7 23.6 -14.4 China 21.0 15.7 33.8 20.2 4.0 Asia-Pacific 34.1 23.7 43.9 34.0 0.3 North America 2.6 4.8 -45.8 5.1 -49.0 Latin America 11.9 7.3 63.0 13.4 -11.2 Total 115.5 91.1 26.8 133.5 -13.5

Based on our preliminary market estimate, Nokia's market share for the first quarter 2008 was 39%, compared with 36% in the first quarter 2007 and 40% in the fourth quarter 2007. Our year on year market share increase was driven primarily by our strong position in the fastest growing markets globally and by strong share gains in Latin America, Asia-Pacific, China and to a lesser extent in Europe. Our market share decreased significantly year on year in North America. Our market share in Middle East & Africa was approximately at the same level year on year. We had strong sequential market share gains in Latin America. Our market share decreased significantly sequentially in Middle East & Africa and North America and to a lesser extent in Europe and Asia-Pacific. Our market share in China was approximately at the same level sequentially.

Our device average selling price (ASP) in the first quarter 2008 was EUR 79, down from EUR 89 in the first quarter 2007 and down from EUR 83 in the fourth quarter 2007. The lower year on year ASP was primarily due to a higher proportion of lower priced products and to a lesser extent the negative impact of the weaker US dollar. The sequential ASP decrease was primarily due to a higher proportion of lower priced products, a mix shift to lower ASP regions and to a lesser extent the negative impact of the weaker US dollar. Starting from the first quarter 2008, our device ASP excludes net sales from our Services & Software business. Prior periods have been reclassified for comparability purposes.

First quarter 2008 Devices & Services net sales grew 13% to EUR 9.3 billion, compared with EUR 8.2 billion in the first quarter 2007. Strong overall volume growth was partially offset by a significant ASP decrease, driven primarily by a higher proportion of lower priced products and to a lesser extent the negative impact of the weaker US dollar on net sales in the first quarter 2008, compared to the first quarter 2007.

Net sales year on year growth was strongest in Latin America, followed by Asia-Pacific, Middle East & Africa, China and Europe. Net sales were down significantly in North America year on year. Of our total Devices & Services net sales, Services & Software net sales were EUR 84 million in the first quarter 2008.

Devices & Services gross profit grew 33% to EUR 3.6 billion, compared with EUR 2.7 billion in the first quarter 2007, with a gross margin of 38.5% (32.8%). Devices & Services operating profit grew 50% to EUR 1.9 billion (including the negative impact of the EUR 81 million special item), compared with EUR 1.3 billion in the first quarter 2007 (including the negative impact of the EUR 57 million special item), with an operating margin of 20.3% (15.3%). First quarter 2008 operating profit included a EUR 81 million facilities impairment and other charges related to the closure of the Bochum site in Germany. First quarter 2007 operating profit included charges of EUR 57 million primarily related to restructuring. The 50% year on year increase in operating profit for the first quarter 2008 was driven primarily by an improved gross margin, compared to the first quarter 2007. The gross margin improvement was primarily due to newer and more profitable devices shipping in volumes. Excluding the special items, Device & Services first quarter 2008 operating margin was 21.2% (16.0%).

Nokia Siemens Networks

First quarter 2008 net sales were EUR 3.4 billion. The first quarter 2008 results of Nokia Siemens Networks are not directly comparable to the first quarter of 2007 as it included the former Nokia Networks business group only. However, net sales were down 26% compared to the fourth quarter of 2007. This primarily reflects a normal seasonally lower first quarter, compared to a strong fourth quarter 2007.

The following chart sets out Nokia Siemens Networks net sales for the periods indicated by geographic area.

NOKIA SIEMENS NETWORKS NET SALES BY GEOGRAPHIC AREA EUR million Q1 2008 Q4 2007 QoQ Change (%) Europe 1 212 2 045 -40.8 Middle East & Africa 448 540 -17.0 China 269 492 -45.3 Asia-Pacific 944 838 12.7 North America 192 243 -21.1 Latin America 336 424 -20.7 Total 3 401 4 582 -25.8

Nokia Siemens Networks had a first quarter operating loss of EUR 74 million, with an operating margin of -2.2% (including the net negative impact of EUR 35 million in special items). The reported first quarter 2008 operating loss included a EUR 65 million gain due to the transfer of Finnish pension liabilities and a restructuring charge of EUR 100 million. The operating margin for the first quarter 2008, excluding these special items, was -1.1%, down from the comparable fourth quarter 2007 operating margin of 1.4%. The operating profit in the first quarter 2008 also included EUR 120 million of intangible asset amortization and other purchase price accounting related items arising from the formation of Nokia Siemens Networks. First quarter 2008 operating margin was a positive 2.4%, excluding both the special items and the purchase price accounting related items arising from the formation of Nokia Siemens Networks, down from the comparable fourth quarter 2007 operating margin of 4.3%. Operationally, the main factor for the sequential decline in the operating margin in the first quarter 2008 was the lower sequential net sales, driving higher operating expenses as a percent of net sales. Nokia Siemens Networks continued to be on track to deliver the targeted annual EUR 2 billion cost synergy target as previously announced.

Q1 2008 OPERATING HIGHLIGHTS Nokia

- On January 28, 2008, Nokia and Trolltech ASA announced that they had entered into an agreement that Nokia will make a public voluntary tender offer to acquire Trolltech, a company headquartered in Oslo, Norway and publicly listed on the Oslo Stock Exchange. Trolltech is a recognized software provider with world-class software development platforms and frameworks. The tender offer has commenced and completion of the acquisition is subject to customary closing conditions, including regulatory approvals.

- We launched a technology concept called "Morph", jointly developed by Nokia Research Center and the University of Cambridge, UK. The concept shows how future mobile devices might benefit from nanotechnology research to be flexible and environmentally intuitive, sensing and reacting to the needs of users as well as objects around them.

- Nokia and UC Berkeley researchers tested technology for gathering traffic information from mobile devices in cars as an alternative to networks of sensors on the highways. One hundred cars equipped with the GPS-enabled Nokia N95 traveled a 10-mile stretch of highway near San Francisco to show how real-time information could be collected from the GPS feed to predict traffic flows and holdups, while preserving the privacy of the devices' owners.

- We opened a satellite design studio in Rio de Janeiro, reflecting the increasing impact Latin American style and culture are expected to have on the future design of mobile devices and services.

- We launched the 2008 Nokia Mobile Filmmaking Awards to support Pangea Day. Through 'Share on Ovi' consumers can upload, vote and share content for the Pangea Day broadcast on May 10, 2008.

Devices

- At the Mobile World Congress 2008, we unveiled a new line up of converged devices and Internet services. The Nokia N96, Nokia N78, Nokia 6210 Navigator and Nokia 6220 classic all feature different location based and multimedia experiences, from pedestrian navigation to geotagging and movie viewing to video and photo sharing.

- Nokia and Google announced a cooperation to integrate Google's popular search engine with the Nokia Search application. The integration will begin in select markets with the Nokia N96, Nokia N78, Nokia 6210 Navigator and Nokia 6220 classic.

Services & Software

- At the Mobile World Congress 2008, we announced the next step towards our Ovi Internet service environment by introducing 'Nokia Maps 2.0' and 'Share on Ovi', a personal media sharing community that makes it easy to upload, manage and share personal media.

- We continued to expand the Nokia Music Store's geographical reach, opening online stores in Germany and Finland.

- Orange and Nokia signed a memorandum of understanding in order to partner on value-added services such as location based services, maps, mobile advertising and gaming.

- We launched the N-Gage First Access Program, which allows consumers to try all N-Gage games for free from any one of the tens of millions of compatible Nokia devices in the market. They can then download and buy games with a mobile device or PC.

Nokia Siemens Networks

- In February, Nokia Siemens Networks acquired Apertio, a leading provider of open real-time subscriber data platforms and applications. The Apertio platform was a key component of a major subscriber management deal signed with T-Mobile Germany in March.

- Nokia Siemens Networks services capabilities and global reach were influential in winning a number of deals, including a pan-India contract for single Interactive Voice Response for Bharti Airtel; a large turnkey network expansion, including managed services, with Hutchison Telecom Indonesia; and a major consulting and systems integration DVB-H deal with Global Mediacom in Indonesia.

- At the Mobile World Congress 2008, Nokia Siemens Networks launched its LTE solution for radio and core networks, including the new Flexi Multimode Base Station.

- Nokia Siemens Networks signed a first customer deal, with Vodacom Tanzania, for the Village Connection solution, which brings mobile connectivity to customers in rural and suburban communities in new growth markets.

- Nokia Siemens Networks continued to win strategic contracts in important markets, including a frame agreement to cover future network expansion with Megafon in Russia; key reference deals for its all-IP Internet High Speed Packet Access architecture solution, with T2 Slovenia and Stelera Wireless in the US; and an agreement with BSNL in India to expand broadband access to 25 000 villages.

For more information on the operating highlights mentioned above, please refer to related press announcements, which can be accessed at the following link: http://www.nokia.com/press and http://www.nokiasiemensnetworks.com/press.

NOKIA IN THE FIRST QUARTER 2008

(International Financial Reporting Standards (IFRS) comparisons given to the first quarter 2007 results, unless otherwise indicated.)

As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the first quarter 2008 are not directly comparable to results for the first quarter 2007. Nokia's first quarter 2007 included the former Nokia Networks business group only.

As of January 1, 2008, our three mobile device business groups, Mobile Phones, Multimedia and Enterprise Solutions, and the supporting horizontal groups were replaced by an integrated business segment, Devices & Services. Prior period results for Nokia and its reportable segments have been regrouped for comparability purposes according to the new reportable segments (on an unaudited basis). Devices & Services has three business units, Devices, Services & Software and Markets, supported by a Corporate Development Office. Link to regrouped 2007 financials: http://www.nokia.com/investors.

Nokia's net sales increased 28% to EUR 12.7 billion (EUR 9.9 billion). Net sales of Devices & Services increased 13% to EUR 9.3 billion (EUR 8.2 billion). Net sales of Nokia Siemens Networks were EUR 3.4 billion.

Operating profit increased 20% to EUR 1.5 billion (EUR 1.3 billion), representing an operating margin of 12.1% (12.9%). Operating profit in Devices & Services increased 50% to EUR 1.9 billion (EUR 1.3 billion), representing an operating margin of 20.3% (15.3%). The operating loss in Nokia Siemens Networks was EUR 74 million, representing an operating margin of -2.2%. Group Common Functions expenses totaled EUR 278 million (EUR 58 million).

Financial income was EUR 68 million (EUR 48 million). Profit before tax and minority interests was EUR 1 607 million (EUR 1 325 million). Net profit totaled EUR 1 222 million (EUR 979 million). Earnings per share increased to EUR 0.32 (basic) and to EUR 0.32 (diluted), compared to EUR 0.25 (basic) and EUR 0.25 (diluted) in the first quarter 2007. Earnings per share, excluding special items, increased to EUR 0.38 (diluted), compared to EUR 0.26 (diluted) in the first quarter 2007.

PERSONNEL

The average number of employees during January-March 2008 was 114 735. At March 31, 2008, we employed a total of 116 378 people (112 262 people at December 31, 2007).

SHARES

The total number of Nokia shares on March 31, 2008 was 3 797 402 044. On March 31, 2008, Nokia and its subsidiary companies owned 10 661 635 Nokia shares, representing approximately 0.3% of the total number of Nokia shares and the total voting rights.

The complete press release with tables is available at http://www.nokia.com/results/results2008Q1e.pdf.

FORWARD-LOOKING STATEMENTS

It should be noted that certain statements herein which are not historical facts, including, without limitation, those regarding: A) the timing of product, services and solution deliveries; B) our ability to develop, implement and commercialize new products, services, solutions and technologies; C) expectations regarding market growth, developments and structural changes; D) expectations regarding our mobile device volume growth, market share, prices and margins; E) expectations and targets for our results of operations; F) the outcome of pending and threatened litigation; G) expectations regarding the successful completion of contemplated acquisitions on a timely basis and our ability to achieve the set targets upon the completion of such acquisitions; and H) statements preceded by "believe," "expect," "anticipate," "foresee," "target," "estimate," "designed," "plans," "will" or similar expressions are forward-looking statements. These statements are based on management's best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors that could cause these differences include, but are not limited to: 1) competitiveness of our product, service and solutions portfolio; 2) the extent of the growth of the mobile communications industry and general economic conditions globally; 3) the growth and profitability of the new market segments that we target and our ability to successfully develop or acquire and market products, services and solutions in those segments; 4) our ability to successfully manage costs; 5) the intensity of competition in the mobile communications industry and our ability to maintain or improve our market position or respond successfully to changes in the competitive landscape; 6) the impact of changes in technology and our ability to develop or otherwise acquire complex technologies as required by the market, with full rights needed to use; 7) timely and successful commercialization of complex technologies as new advanced products, services and solutions; 8) our ability to protect the complex technologies, which we or others develop or that we license, from claims that we have infringed third parties' intellectual property rights, as well as our unrestricted use on commercially acceptable terms of certain technologies in our products, services and solution offerings; 9) our ability to protect numerous Nokia and Nokia Siemens Networks patented, standardized or proprietary technologies from third-party infringement or actions to invalidate the intellectual property rights of these technologies; 10) Nokia Siemens Networks' ability to achieve the expected benefits and synergies from its formation to the extent and within the time period anticipated and to successfully integrate its operations, personnel and supporting activities; 11) whether, as a result of investigations into alleged violations of law by some current or former employees of Siemens AG ("Siemens"), government authorities or others take further actions against Siemens and/or its employees that may involve and affect the carrier-related assets and employees transferred by Siemens to Nokia Siemens Networks, or there may be undetected additional violations that may have occurred prior to the transfer, or ongoing violations that may have occurred after the transfer, of such assets and employees that could result in additional actions by government authorities; 12) any impairment of Nokia Siemens Networks customer relationships resulting from the ongoing government investigations involving the Siemens carrier-related operations transferred to Nokia Siemens Networks; 13) occurrence of any actual or even alleged defects or other quality issues in our products, services and solutions; 14) our ability to manage efficiently our manufacturing and logistics, as well as to ensure the quality, safety, security and timely delivery of our products, services and solutions; 15) inventory management risks resulting from shifts in market demand; 16) our ability to source sufficient amounts of fully functional components and sub-assemblies without interruption and at acceptable prices; 17) any disruption to information technology systems and networks that our operations rely on; 18) developments under large, multi-year contracts or in relation to major customers; 19) economic or political turmoil in emerging market countries where we do business; 20) our success in collaboration arrangements relating to development of technologies or new products, services and solutions; 21) the success, financial condition and performance of our collaboration partners, suppliers and customers; 22) exchange rate fluctuations, including, in particular, fluctuations between the euro, which is our reporting currency, and the US dollar, the Chinese yuan, the UK pound sterling and the Japanese yen, as well as certain other currencies; 23) the management of our customer financing exposure; 24) allegations of possible health risks from electromagnetic fields generated by base stations and mobile devices and lawsuits related to them, regardless of merit; 25) unfavorable outcome of litigations; 26) our ability to recruit, retain and develop appropriately skilled employees; 27) the impact of changes in government policies, laws or regulations; and 28) our ability to effectively and smoothly implement our new organizational structure; as well as the risk factors specified on pages 10-25 of Nokia's annual report on Form 20-F for the year ended December 31, 2007 under "Item 3.D Risk Factors." Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Nokia does not undertake any obligation to update publicly or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.

- Nokia plans to report its Q2 results on July 17, 2008 - The Annual General Meeting will be held on May 8, 2008 http://www.nokia.com/

Nokia Corporation

CONTACT: Media and Investor Contacts: Corporate Communications, tel.
+358-7180-34495 or +358-7180-34900; Investor Relations Europe, tel.
+358-7180-34289; Investor Relations US, tel. +1-914-368-0555

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