Novellus Systems Reports First Quarter Results

SAN JOSE, Calif., April 21 /PRNewswire-FirstCall/ -- Novellus Systems, Inc. today reported net sales and results of operations for its first quarter ended March 29, 2008. Net sales for the first quarter were $314.7 million, down $48.8 million or 13.4 percent from fourth quarter 2007 net sales of $363.5 million, and down $82.3 million or 20.7 percent from first quarter 2007 net sales of $397.0 million. Net income for the first quarter was $15.5 million, or $0.15 per diluted share, down $37.3 million or 70.6 percent from fourth quarter 2007 net income of $52.9 million, and down $38.3 million or 71.1 percent from first quarter 2007 net income of $53.8 million.

First quarter results did not include any unusual charges or benefits in 2007 or 2008. Excluding certain unusual net benefits, fourth quarter 2007 net income was $41.2 million, or $0.37 per diluted share, on a pro forma basis. A reconciliation of pro forma operating results to U.S. generally accepted accounting principles ("GAAP") for the fourth quarter of 2007 is included below.

Bookings in the first quarter were $297.0 million, down $46.1 million or 13.4 percent from fourth quarter 2007 bookings of $343.1 million. Shipments of $312.9 million in the first quarter represent a decrease of $50.2 million or 13.8 percent from $363.1 million reported for the fourth quarter of 2007. Deferred revenue at the end of the first quarter was $115.7 million, an increase of $9.0 million or 8.4 percent from $106.7 million at the end of 2007.

Cash, cash equivalents, investments and restricted cash as of March 29, 2008 was $576.4 million, a decrease of $181.5 million or 23.9 percent from the 2007 ending balance of $757.8 million. During the first quarter 2008, we purchased approximately 5.8 million shares of our common stock, at an average price of $23.20 per share, for $135.0 million.

Management uses non-GAAP measures to evaluate operating performance. The presentation of net income excluding certain charges and benefits, and the discussion of revenue on a shipments basis are not in accordance with GAAP and may differ from non-GAAP methods of accounting and reporting used by other companies. We present net income on a pro forma basis, excluding certain charges and benefits, because we believe this helps both management and investors to assess the operating performance of our business by comparing it to prior periods on a more consistent basis. A reconciliation between our GAAP and non-GAAP results is provided in an attached table. Non-GAAP numbers are merely a supplement to, and not a replacement for, GAAP financial measures.

"It's clear that our business environment has grown more difficult to predict over the last quarter," said Richard S. Hill, Chairman and Chief Executive Officer. "Despite the headwinds, we remain focused on right-sizing our operational expenses, committed to the strategic development of our key products, and well positioned to leverage our growth in revenue and earnings when industry conditions improve. We have clearly revitalized our PECVD and Gapfill products, and have seen increasing penetration into both memory and foundry applications."

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

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including the statements regarding (i) our continued focus on right-sizing our operational expenses, (ii) our commitment to the strategic development of our products and (iii) our belief that we are well positioned to leverage our growth in revenue and earnings when industry conditions improve, as well as other matters discussed in this news release that are not purely historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contemplated by such statements. These risks and uncertainties include, but are not limited to, inability to sufficiently reduce our operational expenses, inefficiencies in the allocation of funds to our strategic product research and development efforts, inability to increase revenue and earnings, lack of improvement in industry conditions that negatively impact the semiconductor industry and other risks indicated in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the year ended December 31, 2007 and our Current Reports on Form 8-K and amendments to such reports. Forward-looking statements are made and based on information available to us on the date of this press release. We do not assume, and expressly disclaim, any obligation to update this information.

About Novellus:

Novellus Systems, Inc. is a leading provider of advanced process equipment for the global semiconductor industry. The Company's products deliver value to customers by providing innovative technology backed by trusted productivity. An S&P 500 company, Novellus is headquartered in San Jose, CA with subsidiary offices across the globe. For more information please visit http://www.novellus.com/.

NOVELLUS SYSTEMS, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) Three Months Ended (Unaudited) March 29 December 31 March 31 2008 2007 2007 Net sales $314,713 $363,463 $396,974 Cost of sales 169,773 191,600 202,065 Gross profit 144,940 171,863 194,909 % 46.1% 47.3% 49.1% Operating expenses: Selling, general and administrative 60,329 59,487 67,100 Research and development 57,340 55,867 60,400 Restructuring and other charges (benefits), net - (8,013) - Total operating expenses 117,669 107,341 127,500 % 37.4% 29.5% 32.1% Income from operations 27,271 64,522 67,409 % 8.7% 17.8% 17.0% Other income, net 1,109 9,993 11,107 Income before income taxes 28,380 74,515 78,516 Provision for income taxes 12,851 21,654 24,733 Net income $15,529 $52,861 $53,783 Net income per share: Basic $0.15 $0.48 $0.43 Diluted $0.15 $0.47 $0.42 Shares used in basic per share calculation 100,683 111,160 123,979 Shares used in diluted per share calculation 101,375 112,395 127,137 NOVELLUS SYSTEMS, INC. RECONCILIATION OF NET INCOME (EXCLUDING CERTAIN CHARGES AND BENEFITS) (1) (In thousands, except per share amounts) Three Months Ended (Unaudited) March 29 December 31 March 31 2008 2007 2007 Net income excluding certain charges and benefits: $15,529 $41,217 $53,783 Restructuring and other (charges) benefits, net - 8,013 - Reversal of share-based compensation expense (2) - 8,408 - Total charges and benefits - 16,421 - Tax effect of the above charges and benefits - (4,777) - Net income $15,529 $52,861 $53,783 Net income per diluted share excluding certain charges and benefits: $0.15 $0.37 $0.42 Restructuring and other (charges) benefits, net - 0.07 - Reversal of share-based compensation expense (2) - 0.07 - Tax effect of the above charges and benefits - (0.04) - Net income per diluted share $0.15 $0.47 $0.42 ------------ (1) The reconciliation of net income (excluding certain charges and benefits) is intended to present our operating results, excluding certain charges, benefits and related adjustments on provisions for income taxes. The reconciliation of net income is not in accordance with or an alternative for GAAP and may be different from similar measures by other companies. (2) In the fourth quarter of 2007 we determined that certain performance conditions, primarily related to restricted stock awards, were no longer probable of being met. As a result, we reversed $8.4 million of expense recognized in previous periods, $2.4 million of which was recognized in the first quarter of 2007. NOVELLUS SYSTEMS, INC. SCHEDULE OF SHARE-BASED COMPENSATION (In thousands) Three Months Ended (Unaudited) March 29 December 31 March 31 2008 2007 2007 (1) (2) (3) Cost of sales $617 $250 $510 Selling, general and administrative 5,256 (35) 5,697 Research and development 2,550 (324) 2,895 Total share-based compensation expenses (benefits) 8,423 (109) 9,102 Benefit (expense) from income taxes 2,154 (148) 2,276 Net share-based compensation expenses $6,269 $39 $6,826 ------------ (1) Amounts include amortization expense related to stock options of $4.4 million, employee stock purchase plan of $0.8 million and restricted stock awards of $3.2 million. (2) Amounts include amortization expense (benefit) related to stock options of $5.1 million, employee stock purchase plan of $0.6 million, and restricted stock awards of $(5.8) million. The fourth quarter 2007 includes the reversal of previously recognized expense for stock options and restricted stock awards of $0.1 million and $8.3 million, respectively. (3) Amounts include amortization expense related to stock options of $4.9 million, employee stock purchase plan of $0.6 million and restricted stock awards of $3.6 million. NOVELLUS SYSTEMS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS March 29 December 31 2008 2007 (In thousands) (Unaudited) * ASSETS Current assets: Cash and short-term investments $297,156 $596,766 Accounts receivable, net 374,951 346,866 Inventories 242,723 212,995 Deferred taxes and other current assets 62,749 67,331 Total current assets 977,579 1,223,958 Property and equipment, net 310,695 320,009 Restricted cash 161,564 161,050 Investments 117,634 - Goodwill 248,827 238,944 Intangible and other assets 130,626 132,982 Total assets $1,946,925 $2,076,943 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable and accrued liabilities $225,547 $273,437 Deferred profit 53,146 52,252 Income taxes payable 2,620 2,011 Current obligations under lines of credit 12,867 1,509 Total current liabilities 294,180 329,209 Long-term debt 154,227 143,267 Long-term income taxes payable 27,434 27,408 Other liabilities 48,123 47,972 Total liabilities 523,964 547,856 Shareholders' equity: Common stock 1,165,074 1,219,533 Retained earnings and accumulated other comprehensive income 257,887 309,554 Total shareholders' equity 1,422,961 1,529,087 Total liabilities and shareholders' equity $1,946,925 $2,076,943 ------------ * The December 31, 2007 condensed consolidated balance sheet was derived from our audited consolidated financial statements.

Novellus Systems, Inc.

CONTACT: Jeffrey C. Benzing, Chief Administrative Officer,
or Investor Relations, Robin Yim, both of Novellus Systems, Inc.,
+1-408-943-9700

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

Netflix Announces Q1 2008 Financial ResultsSubscribers - 8.2 million Revenue - $326.2 million GAAP Net Income - $13.4 million GAAP EPS - $0.21 per diluted share

LOS GATOS, Calif., April 21 /PRNewswire-FirstCall/ -- Netflix, Inc. today reported results for the first quarter ended March 31, 2008.

"Our goals are to be a great Internet movie service, by combining DVD rental with Internet streaming, and to grow subscribers and EPS every year," said Reed Hastings, Netflix co-founder and chief executive officer.

"Our strong results this quarter demonstrate progress toward those goals, and our increased 2008 guidance reflects our belief that the momentum in the business will continue."

First-Quarter 2008 Financial Highlights

Subscribers. Netflix ended the first quarter of 2008 with approximately 8,243,000 total subscribers, representing 21 percent year-over-year growth from 6,797,000 total subscribers at the end of the first quarter of 2007 and 10 percent sequential growth from 7,479,000 subscribers at the end of the fourth quarter of 2007.

Net subscriber change in the quarter was an increase of 764,000, compared to an increase of 481,000 for the same period of 2007 and an increase of 451,000 for the fourth quarter of 2007.

Gross subscriber additions for the quarter totaled 1,862,000, representing 23 percent year-over-year growth from 1,520,000 gross subscriber additions in the first quarter of 2007 and 25 percent quarter-over-quarter growth from 1,495,000 gross subscriber additions in the fourth quarter of 2007.

Of the 8,243,000 total subscribers at quarter end, 98 percent, or 8,102,000 were paid subscribers. The other 2 percent, or 141,000, were free subscribers. Paid subscribers represented 98 percent of total subscribers at the end of the first quarter of 2007 and at the end of the fourth quarter of 2007.

Revenue for the first quarter of 2008 was $326.2 million, representing 7 percent year-over-year growth from $305.3 million for the first quarter of 2007, and 8 percent sequential increase from $302.4 million for the fourth quarter of 2007.

Gross margin(1) for the first quarter of 2008 was 31.7 percent, compared to 36.1 percent for the first quarter of 2007 and 33.8 percent for the fourth quarter of 2007.

GAAP net income for the first quarter of 2008 was $13.4 million, or $0.21 per diluted share, compared to GAAP net income of $9.9 million, or $0.14 per diluted share, for the first quarter of 2007 and GAAP net income of $15.8 million, or $0.24 per diluted share, for the fourth quarter of 2007. GAAP net income grew 36 percent on a year-over-year basis and GAAP EPS grew 50 percent on a year-over-year basis.

Non-GAAP net income was $15.2 million, or $0.23 per diluted share, for the first quarter of 2008, compared to non-GAAP net income of $11.5 million, or $0.16 per diluted share, for the first quarter of 2007 and non-GAAP net income of $17.8 million, or $0.27 per diluted share, for the fourth quarter of 2007. Non-GAAP net income grew 32 percent on a year-over-year basis and non-GAAP EPS grew 44 percent on a year-over-year basis.

Non-GAAP net income equals net income on a GAAP basis before stock-based compensation expense, net of taxes.

Stock-based compensation for the first quarter of 2008 was $3.1 million, compared to $2.8 million in the first quarter of 2007 and $3.2 million in the fourth quarter of 2007. Stock-based compensation is presented in the same lines of the Consolidated Statements of Operations as cash compensation paid to the same individuals.

Subscriber acquisition cost(2) for the first quarter of 2008 was $29.50 per gross subscriber addition, compared to $47.46 for the same period of 2007 and $34.60 for the fourth quarter of 2007.

Churn(3) for the first quarter of 2008 was 3.9 percent, compared to 4.4 percent for the first quarter of 2007 and 4.1 percent for the fourth quarter of 2007. Churn includes free subscribers as well as paying subscribers who elect not to renew their monthly subscription service during the quarter.

Free cash flow(4) for the first quarter of 2008 was positive $4.7 million, compared to negative $18.0 million in the first quarter of 2007 and positive $21.0 million for the fourth quarter of 2007.

Cash provided by operating activities for the first quarter of 2008 was $77.7 million, compared to $63.0 million for the first quarter of 2007 and $86.1 million for the fourth quarter of 2007.

Business Outlook

The Company's performance expectations for the second quarter of 2008 and full-year 2008 are as follows:

Second-Quarter 2008 -- Ending subscribers of 8.3 million to 8.5 million -- Revenue of $334 million to $339 million -- GAAP net income of $21 million to $27 million -- GAAP EPS of $0.33 to $0.42 per diluted share Full-Year 2008 -- Ending subscribers of 9.1 million to 9.7 million, up from 8.9 million to 9.5 million -- Revenue of $1.35 billion to $1.39 billion, up from $1.345 billion to $1.385 billion -- GAAP net income of $75 million to $83 million, unchanged from prior guidance -- GAAP EPS of $1.16 to $1.29 per diluted share, down from $1.18 to $1.30 per diluted share Float and Trading Plans

The Company estimates the public float at approximately 49,498,642 shares as of March 31, 2008, down approximately 6 percent from 52,723,123 shares as of December 31, 2007, based on registered shares held in street name with the Depository Trust and Clearing Corporation. From time to time executive officers of Netflix may elect to buy or sell stock in Netflix. All open market sales by executive officers are made pursuant to the terms of 10b5-1 Trading Plans approved by the Company and generally adopted no less than three months prior to the first date of sale under such plan.

Earnings Call

The Netflix earnings call will be webcast today at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time, and may be accessed at http://ir.netflix.com/. Following completion of the call, a replay of the webcast will be available at http://ir.netflix.com/. The telephone replay of the call will be available from approximately 5:00 p.m. Pacific Time on April 21, 2008 through April 25, 2008 at 9:00 p.m. Pacific Time. To listen to the telephone replay, call (719) 457-0820, access code 3739465.

Use of Non-GAAP Measures

Management believes that non-GAAP net income is a useful measure of operating performance because it excludes the non-cash impact of stock option accounting. In addition, management believes that free cash flow is a useful measure of liquidity because it excludes the non-operational cash flows from purchases and sales of short-term investments, cash flows from investment in business and cash flows from financing activities. However, these non-GAAP measures should be considered in addition to, not as a substitute for or superior to, net income and net cash provided by operating activities, or other financial measures prepared in accordance with GAAP. A reconciliation to the GAAP equivalents of these non-GAAP measures is contained in tabular form on the attached unaudited financial statements.

About Netflix

Netflix, Inc. is the world's largest online movie rental service, providing more than eight million subscribers access to over 100,000 DVD titles plus a growing library of over 9,000 choices that can be watched instantly on their PCs. The company offers nine subscription plans, starting at only $4.99 per month. There are no due dates and no late fees -- ever. All Netflix plans include both DVDs delivered to subscribers' homes and, for no additional fee, movies and TV series that can be started in as little as 30 seconds on subscribers' PCs. DVDs are delivered free to members by first class mail, with a postage-paid return envelope, from over 100 U.S. shipping points. Nearly 95 percent of Netflix subscribers live in areas that can be reached with generally one business day delivery. Netflix offers personalized movie recommendations and has two billion movie ratings. For more information, visit http://www.netflix.com/.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding our subscriber growth, revenue, GAAP net income and earnings per share for the second quarter of 2008 and the full-year 2008. The forward-looking statements in this release are subject to risks and uncertainties that could cause actual results and events to differ, including, without limitation: our ability to attract new subscribers and retain existing subscribers; impacts arising out of competition; our ability to manage our subscriber acquisition cost as well as the cost of content delivered to our subscribers; changes in pricing; fluctuations in consumer usage of our service; conditions that effect our delivery through the U.S. Postal Service, including regulatory changes and increases in first class postage; increases in the costs of acquiring DVDs or electronic content; customer spending on DVDs and related products; disruption in service on our website or with our computer systems; deterioration of the U.S. economy or conditions specific to online commerce or the filmed entertainment industry; and, widespread consumer adoption of different modes of viewing in-home filmed entertainment. A detailed discussion of these and other risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 28, 2008. We undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

(1) Gross margin is defined as revenues less cost of subscription and fulfillment expenses divided by revenues. (2) Subscriber acquisition cost is defined as the total marketing expense, which includes stock-based compensation for marketing personnel, on the Company's Consolidated Statements of Operations divided by total gross subscriber additions during the quarter. (3) Churn is defined as customer cancellations in the quarter divided by the sum of beginning subscribers and gross subscriber additions, divided by three months. (4) Free cash flow is defined as cash provided by operating activities excluding the non-operational cash flows from purchases and sales of short-term investments, cash flows from investment in business and cash flows from financing activities. Netflix, Inc. Consolidated Statements of Operations (unaudited) (in thousands, except per share data) Three Months Ended March 31, December 31, March 31, 2008 2007 2007 Revenues $326,183 $302,355 $305,320 Cost of revenues: Subscription 187,156 168,673 165,189 Fulfillment expenses * 35,649 31,377 29,783 Total cost of revenues 222,805 200,050 194,972 Gross profit 103,378 102,305 110,348 Operating expenses: Technology and development * 20,516 18,557 15,715 Marketing * 54,936 51,721 72,138 General and administrative * 13,816 13,602 12,188 Gain on disposal of DVDs (833) (1,696) (908) Total operating expenses 88,435 82,184 99,133 Operating income 14,943 20,121 11,215 Other income (expense): Interest and other income (expense) 7,660 4,929 5,350 Income before income taxes 22,603 25,050 16,565 Provision for income taxes 9,225 9,274 6,701 Net income $13,378 $15,776 $9,864 Net income per share: Basic $0.21 $0.24 $0.14 Diluted $0.21 $0.24 $0.14 Weighted average common shares outstanding: Basic 62,776 65,156 68,693 Diluted 64,840 67,042 70,672 *Stock-based compensation included in expense line items: Fulfillment expenses $106 $100 $146 Technology and development 996 1,105 757 Marketing 509 561 531 General and administrative 1,519 1,476 1,369 Reconciliation of Non-GAAP Financial Measures (unaudited) Non-GAAP net income reconciliation: GAAP net income $13,378 $15,776 $9,864 Stock-based compensation 3,130 3,242 2,803 Income tax effect of stock-based compensation (1,277) (1,200) (1,134) Non-GAAP net income $15,231 $17,818 $11,533 Non-GAAP net income per share: Basic $0.24 $0.27 $0.17 Diluted $0.23 $0.27 $0.16 Weighted average common shares outstanding: Basic 62,776 65,156 68,693 Diluted 64,840 67,042 70,672 Netflix, Inc. Consolidated Balance Sheets (unaudited) (in thousands, except share and par value data) As of March 31, December 31, 2008 2007 Assets Current assets: Cash and cash equivalents $168,989 $177,439 Short-term investments 126,506 207,703 Prepaid expenses 6,780 6,116 Prepaid revenue sharing expenses 7,402 6,983 Deferred tax assets 3,277 2,254 Other current assets 13,208 16,037 Total current assets 326,162 416,532 Content library, net 145,361 132,455 Property and equipment, net 86,997 77,326 Deferred tax assets 16,767 16,242 Other assets 10,391 4,465 Total assets $585,678 $647,020 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $114,568 $104,445 Accrued expenses 44,021 36,466 Deferred revenue 68,375 71,665 Total current liabilities 226,964 212,576 Other liabilities 3,281 3,695 Total liabilities 230,245 216,271 Stockholders' equity: Common stock, $0.001 par value; 160,000,000 shares authorized at March 31, 2008 and December 31, 2007; 61,550,284 and 64,912,915 issued and outstanding at March 31, 2008 and December 31, 2007, respectively 61 65 Additional paid-in capital 315,321 402,710 Accumulated other comprehensive income 310 1,611 Retained earnings 39,741 26,363 Total stockholders' equity 355,433 430,749 Total liabilities and stockholders' equity $585,678 $647,020 Netflix, Inc. Consolidated Statements of Cash Flows (unaudited) (in thousands) Three Months Ended March 31, December 31, March 31, 2008 2007 2007 Cash flows from operating activities: Net income $13,378 $15,776 $9,864 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization of property, equipment and intangibles 6,359 6,008 4,625 Amortization of content library 57,570 54,751 49,442 Amortization of discounts and premiums on investments 139 72 (82) Stock-based compensation expense 3,130 3,242 2,803 Excess tax benefits from stock- based compensation (820) (4,984) (4,076) Gain on sale of short-term investments (4,320) (323) (147) Gain on disposal of DVDs (2,592) (2,906) (2,597) Deferred taxes (836) 399 (255) Changes in operating assets and liabilities: Prepaid expenses and other current assets 2,562 192 (10,266) Accounts payable (1,199) (830) 11,399 Accrued expenses 7,827 (567) 7,699 Deferred revenue (3,290) 15,344 (5,444) Other assets and liabilities (161) (82) 64 Net cash provided by operating activities 77,747 86,092 63,029 Cash flows from investing activities: Purchases of short-term investments (91,954) (35,228) (264,234) Proceeds from sale of short-term investments 175,319 35,453 95,422 Purchases of property and equipment (12,431) (9,863) (18,013) Acquisition of intangible asset - (550) - Acquisitions of content library (65,123) (58,090) (68,541) Proceeds from sale of DVDs 4,507 3,884 5,626 Proceeds from disposal of property and equipment - 15 - Investment in business (6,000) - - Other assets 8 (497) (103) Net cash provided by (used in) investing activities 4,326 (64,876) (249,843) Cash flows from financing activities: Proceeds from issuance of common stock 8,542 5,745 766 Excess tax benefits from stock- based compensation 820 4,984 4,076 Repurchases of common stock (99,885) (34,310) - Net cash (used in) provided by financing activities (90,523) (23,581) 4,842 Net decrease in cash and cash equivalents (8,450) (2,365) (181,972) Cash and cash equivalents, beginning of period 177,439 179,804 400,430 Cash and cash equivalents, end of period $168,989 $177,439 $218,458 Non-GAAP free cash flow reconciliation: Net cash provided by operating activities $77,747 $86,092 $63,029 Purchases of property and equipment (12,431) (9,863) (18,013) Acquisition of intangible asset - (550) - Acquisitions of content library (65,123) (58,090) (68,541) Proceeds from sale of DVDs 4,507 3,884 5,626 Proceeds from disposal of property and equipment - 15 - Other assets 8 (497) (103) Non-GAAP free cash flow $4,708 $20,991 $(18,002) Netflix, Inc. Consolidated Other data (unaudited) (in thousands, except percentages, average monthly revenue per paying subscriber and subscriber acquisition cost) As of / Three Months Ended March 31, December 31, March 31, 2008 2007 2007 Subscriber information: Subscribers: beginning of period 7,479 7,028 6,316 Gross subscriber additions: during period 1,862 1,495 1,520 Gross subscriber additions year-to-year change 22.5% 0.1% 10.4% Gross subscriber additions quarter-to-quarter sequential change 24.5% 15.3% 1.8% Less subscriber cancellations: during period (1,098) (1,044) (1,039) Subscribers: end of period 8,243 7,479 6,797 Subscribers year-to-year change 21.3% 18.4% 39.7% Subscribers quarter-to-quarter sequential change 10.2% 6.4% 7.6% Free subscribers: end of period 141 153 121 Free subscribers as percentage of ending subscribers 1.7% 2.0% 1.8% Paid subscribers: end of period 8,102 7,326 6,676 Paid subscribers year-to-year change 21.4% 19.0% 41.0% Paid subscribers quarter-to-quarter sequential change 10.6% 7.0% 8.5% Average monthly revenue per paying subscriber $14.09 $14.22 $15.86 Churn 3.9% 4.1% 4.4% Subscriber acquisition cost $29.50 $34.60 $47.46 Margins: Gross margin 31.7% 33.8% 36.1% Operating margin 4.6% 6.7% 3.7% Net margin 4.1% 5.2% 3.2% Expenses as percentage of revenues: Technology and development 6.3% 6.1% 5.1% Marketing 16.8% 17.1% 23.6% General and administrative 4.2% 4.5% 4.0% Gain on disposal of DVDs (0.2%) (0.5%) (0.2%) Total operating expenses 27.1% 27.2% 32.5% Year-to-year change: Total revenues 6.8% 9.1% 36.2% Fulfillment expenses 19.7% 17.2% 35.1% Technology and development 30.6% 40.6% 40.2% Marketing (23.8%) (21.8%) 36.2% General and administrative 13.4% 22.1% 47.0% Gain on disposal of DVDs (8.3%) 30.1% (34.5%) Total operating expenses (10.8%) (7.9%) 39.5%

Netflix, Inc.

CONTACT: IR, Deborah Crawford, VP, Investor Relations, +1-408-540-3712,
or PR, Steve Swasey, VP, Corporate Communications, +1-408-540-3947, both of
Netflix, Inc.

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

G2 Direct & Digital Names Nancy Grebey Director of Financial Services PracticeLeading Agency Continues to Build Next Generation Model With Expansion of Unique Vertical Practice

NEW YORK, April 21 /PRNewswire/ -- G2 Direct & Digital, a leading direct and digital agency, and part of the G2 global network of companies, has appointed Nancy Grebey to lead its Financial Services Practice.

In this role Grebey is charged with continuing to forge the agency's leadership role in the financial services marketing sector, delivering an enhanced offering to the agency's long-standing current financial services clients including Aetna, Liberty Mutual and BMW Financial Services, and driving the group's continued expansion in this area.

A veteran in direct marketing, Grebey arrives most recently from Draftfcb where she spent eight years as Managing Director of one of the nation's largest direct marketing accounts -- Verizon. Additionally, after the Draft/FCB merger she served as the Lead of their Direct Marketing Practice.

Grebey brings an impressive client-side track record in Financial Services to the agency, with over 15 years in senior marketing roles at leading companies such as Crestar Bank and Chevy Chase Federal. Grebey also has a deep understanding of data analytics and targeting, after several years directing the Financial Service Practice at Equifax. During her career, she has advised many Financial Service Companies, including American Express, CIT and Nationwide.

Larry Kimmel, G2 Direct & Digital's Chairman & CEO, said, "Nancy possesses an impressive depth of experience across the financial service sector -- as well as being an expert on both the client and direct marketing agency side. We are looking forward to a significant contribution from her to drive our clients' business success."

Commenting on her new role, Grebey said, "G2 Direct & Digital is really leading the way in building a unique vertical practice model to serve their clients, and their vision for the agency really impressed me. I'm looking forward to helping them build a different kind of marketing services offer, as well as continuing to drive the success they have already experienced in the Financial Services sector."

About G2 Direct & Digital

G2 Direct & Digital is one of the largest direct and digital communications agencies, and a market leader in the industry for over 25 years. Specializing in customer revenue optimization and brand building, the agency has specialist practice capabilities in Financial Services, Healthcare, B-to-B, Travel and Consumer Marketing. The group has in-house skill centers that include: Loyalty, Demand-Generation, Brand Transformation, Direct Response Media, Strategic Planning and Creative Services and clients that include: Adobe, Aetna, Bristol-Myers Squibb, GlaxoSmithKline, Liberty Mutual, Nokia, Procter & Gamble, Pfizer, Princess Cruises and United Airlines. G2 Direct & Digital is part of the G2 global network of companies, a partner company of Grey Group and a member of WPP . For more information please visit http://www.g2dd.com/.

For more information and press interviews: Jessica Owen-Ward G2 Worldwide, Global Headquarters T: + 212 546 1921 C: + 646 637 1587 E: jowenward@g2.com

G2 Direct & Digital

CONTACT: Jessica Owen-Ward, G2 Worldwide, Global Headquarters,
+1-212-546-1921, cell, +1-646-637-1587, jowenward@g2.com

Web site: http://www.g2dd.com/

SRA Wins $108 Million Contract from DoD to Support Software Development and DeploymentFive-year contract awarded on Joint Tactical Radio System program

FAIRFAX, Va., April 21 /PRNewswire-FirstCall/ -- SRA International, Inc. , a leading provider of technology and strategic consulting services and solutions to government organizations, today announced it has been awarded a five-year, $108 million contract under the Department of Defense's (DoD) Joint Program Executive Office (JPEO) Joint Tactical Radio System (JTRS) Network Enterprise Domain (NED).

Under the contract, SRA will provide a full range of program management, acquisition and finance support, information assurance, logistics and technical management. SRA also will provide software and systems engineering, as well as test and evaluation services to assist and support the development and deployment of their radio transmission and network services products.

Considered a pivotal transformational program, JTRS is a DoD-wide initiative to develop a family of advanced software-based communications that will replace current radio equipment throughout the U.S. military. It will provide secure Internet-like capabilities and networking for voice, text, audio and video.

"This contract is a continuation of SRA's support for the JPEO JTRS mission," said SRA Senior Vice President of the National Security Sector Pat Burke. "Our commitment to customer satisfaction, a strategic partnership, technical excellence, and a focus on operational enhancements while achieving their acquisition milestones, has enabled SRA and our partners to play a pivotal role in the success of the JTRS program."

About SRA International, Inc.

SRA is a leading provider of technology and strategic consulting services and solutions -- including systems design, development, and integration; and outsourcing and managed services -- to clients in national security, civil government, and health care and public health markets. The Company also delivers business solutions for contingency and disaster response planning, information assurance, business intelligence, environmental strategies, enterprise architecture, infrastructure management, and wireless integration.

FORTUNE(R) magazine has chosen SRA as one of the "100 Best Companies to Work For" for nine consecutive years. The Company's 6,400 employees serve clients from its headquarters in Fairfax, Virginia, and offices around the world. For additional information on SRA, please visit http://www.sra.com/.

Any statements in this press release about future expectations, plans, and prospects for SRA, including statements about the estimated value of the contract and work to be performed, and other statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent our views as of April 21, 2008. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to April 21, 2008.

SRA International, Inc.

CONTACT: Sheila S. Blackwell of SRA International, Inc.,
+1-703-227-8345, sheila_blackwell@sra.com

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

AXS-One Announces First Quarter Financial Results Conference CallManagement to discuss results on Wednesday, April 30, 2008, at 5 p.m. (Eastern)

RUTHERFORD, N.J., April 21 /PRNewswire-FirstCall/ -- AXS-One Inc. (BULLETIN BOARD: AXSO) , a leading provider of the industry's most scalable Records Compliance Management (RCM) software solutions, today announced that it will release its results for the first quarter ended March 31, 2008 on Wednesday, April 30, 2008, after the close of the market. Bill Lyons, Chairman and CEO and Joe Dwyer, CFO, will host a conference call for institutional investors and shareholders to discuss the company's financial results.

Date: Wednesday, April 30, 2008 Time: 5 p.m. Eastern Time Internet: Webcast can be accessed via the company website at http://www.axsone.com/investors_events.shtml Dial-In: 706-645-0399 - Conference ID #44618517 Replay: Conference Call Replay until May 7, 2008 - 706-645-9291

Interested parties may submit questions that they would like answered during the conference call by e-mail to info@axsone.com. The conference call will be webcast live via CCBN and available via the company website: http://www.axsone.com/investors_events.shtml Interested parties should access the webcast approximately 10-15 minutes before the scheduled start time. The webcast will remain on the AXS-One website for one month.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at http://www.earnings.com/ or by visiting any of the investor sites in CCBN's Individual Investor Network such as America Online's Personal Finance Channel, Fidelity Investments(R) (Fidelity.com) and others. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (http://www.streetevents.com/). StreetEvents allows institutional investors to identify, organize, and track the hundreds of conference calls that occur each day during earnings season, to download events of interest to their Outlook calendar, and to RSVP to events online.

About AXS-One Inc.

AXS-One (BULLETIN BOARD: AXSO) is a leading provider of high performance Records Compliance Management software solutions. The AXS-One Compliance Platform enables organizations to implement secure, scalable and enforceable policies that address records management for corporate governance, legal discovery and industry regulations such as SEC17a-4, NASD 3010, Sarbanes-Oxley, HIPAA, The Patriot Act and Gramm-Leach-Bliley. AXS-One's award-winning technology has been critically acclaimed as best of class and delivers digital archiving, business process management, electronic document delivery and integrated records disposition and discovery for e-mail, instant messaging, images, SAP and other corporate records. Founded in 1979, and headquartered in Rutherford, NJ, AXS-One has offices worldwide including the United States, Australia, Singapore, the United Kingdom and South Africa. For further information, visit the AXS-One web site at http://www.axsone.com/.

Company Contact: IR Contact: Joseph Dwyer Brett Maas or Matthew Hayden AXS-One Inc. Hayden Communications jdwyer@axsone.com brett@haydenir.com (201) 935-3400 (646) 536-7331

AXS-One Inc.

CONTACT: Joseph Dwyer of AXS-One Inc., +1-201-935-3400,
jdwyer@axsone.com; or IR: Brett Maas, brett@haydenir.com, or Matthew Hayden,
both of Hayden Communications, +1-646-536-7331

Web site: http://www.axsone.com/
http://www.axsone.com/investors_events.shtml

LSI Corporation to Host Webcast on First Quarter 2008 Results

MILPITAS, Calif., April 21 /PRNewswire-FirstCall/ -- LSI Corporation today announced it will host a webcast on Wednesday, April 23, 2008, to discuss its financial results for the first quarter of 2008, ended March 30, 2008. The company invites investors and others to listen to the earnings conference call live over the Internet at 2:00 p.m. PDT.

What: LSI Corporation First Quarter 2008 Earnings Announcement When: Wednesday, April 23, 2008, 2:00 p.m. PDT Where: http://www.lsi.com/webcast How: Log on to the web at the address above, and click on the audio link.

Following the conference call, the webcast will be available for replay on the LSI website at http://www.lsi.com/webcast.

About LSI Corporation

LSI Corporation is a leading provider of innovative silicon, systems and software technologies that enable products, which seamlessly bring people, information and digital content together. The company offers a broad portfolio of capabilities and services including custom and standard product ICs, adapters, systems and software that are trusted by the world's best known brands to power leading solutions in the Storage and Networking markets. More information is available at http://www.lsi.com/.

Editor's Notes: 1. All LSI news releases (financial, acquisitions, manufacturing, products, technology, etc.) are issued exclusively by PR Newswire and are immediately thereafter posted on the company's external website, http://www.lsi.com/. 2. LSI and the LSI logo design are trademarks or registered trademarks of LSI Corporation or its subsidiaries.

LSI Corporation

CONTACT: Media, Mitch Seigle, +1-408-954-3225, mitch.seigle@lsi.com, or
Investors, Sujal Shah, +1-610-712-5471, sujal.shah@lsi.com, both of LSI
Corporation

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

Cognizant Technology Solutions Schedules First Quarter 2008 Earnings Release and Conference Call

TEANECK, N.J., April 21 /PRNewswire-FirstCall/ -- Cognizant Technology Solutions Corporation , a leading provider of global IT and business process outsourcing services, will announce results for the first quarter ended March 31, 2008 on Wednesday, May 7, 2008 before the market open.

Following the release, Cognizant management will conduct a conference call at 8:30 a.m. (Eastern) to discuss operating performance for the quarter. To participate in the conference call, domestic callers can dial (800) 374-0467 and international callers can dial (888) 652-6834.

The conference call will also be available live via the Internet by accessing the Cognizant web site at http://www.cognizant.com/. Please go to the web site at least fifteen minutes prior to the call to register, download and install any necessary audio software.

For those who cannot access the live broadcast, a replay will be available by dialing (800) 642-1687 for domestic callers and (706) 645-9291 for international callers and entering "43765301" from two hours after the end of the call until 11:59 p.m. (Eastern) on Wednesday, May 14. The replay will also be available at Cognizant's web site http://www.cognizant.com/ for thirty days following the call.

About Cognizant

Cognizant is a leading provider of information technology, consulting and business process outsourcing services. Cognizant's single-minded passion is to dedicate our global technology and innovation know-how, our industry expertise and worldwide resources to working together with clients to make their businesses stronger. With more than 35 global delivery centers and over 55,000 employees as of December 31, 2007, we combine a unique onsite/offshore delivery model infused by a distinct culture of customer satisfaction. A member of the Nasdaq-100 Index and S&P 500 Index, Cognizant is a Forbes Global 2000 company and is ranked among the top information technology companies in BusinessWeek's Info Tech 100, Hot Growth and Top 50 Performers listings. Visit us online at http://www.cognizant.com/.

This press release includes statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions and the factors discussed in our most recent Form 10-K and other filings with the Securities and Exchange Commission. Cognizant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Cognizant Technology Solutions Corporation

CONTACT: Gordon Coburn, Chief Financial and Operating Officer of
Cognizant, +1-201-801-0233, gcoburn@cognizant.com; or Investors, Gordon
McCoun, or Media, Brian Maddox, or Hannah Sloane, hannah.sloane@fd.com, all of
Financial Dynamics for Cognizant, +1-212-850-5600

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

General Dynamics Awarded $57 Million for Abrams Tank Survivability Kit Work

STERLING HEIGHTS, Mich., April 21 /PRNewswire-FirstCall/ -- General Dynamics Land Systems, a business unit of General Dynamics , has been awarded two contracts valued at $57 million for Abrams Tank Urban Survivability Kits (TUSK).

The first award, valued at $45 million, funds 2,832 Loader's Armor Gun Shields. The second award, valued at $12 million funds Loader's Thermal Weapon Sights and Counter-Sniper Anti-Materiel Mounts.

Lessons learned during combat operations in Iraq led the Army's project manager for the Heavy Brigade Combat Team and General Dynamics to create TUSK. The add-on kit for M1A1- and M1A2-series tanks enhances crew survivability in urban environments and consists of added armor protection, a mine safety seat, Abrams reactive armor tiles and a tank infantry phone.

The combination of an added gun shield and thermal weapon sight allows the tank's loader to engage targets from behind a transparent shield during limited visibility or at night. The counter-sniper anti-materiel mount enables the gunner to precisely engage with a .50 caliber machine gun while remaining under armor protection.

General Dynamics employees will perform the work primarily in Lima, Ohio. Work on the loader's armor gun shields is expected to be completed by Aug. 31, 2011, and work on the loader's thermal weapon sights and counter-sniper anti-materiel mount is expected to be completed by Feb. 28, 2009.

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

General Dynamics Land Systems

CONTACT: Rae Higgins of General Dynamics Land Systems, +1-586-825-4610,
higginra@gdls.com

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

Blockbuster Declares Quarterly Cash Dividend on 7-1/2% Convertible Preferred Securities

DALLAS, April 21 /PRNewswire-FirstCall/ -- Blockbuster Inc. announced today that its Board of Directors has declared a quarterly cash dividend of $18.75 per share on its shares of 7-1/2% Series A Cumulative Convertible Perpetual Preferred Stock, in accordance with the terms of the Series A Preferred Stock. The dividend will be payable on May 15, 2008, to the holders of record of the Series A Preferred Stock at the close of business on May 1, 2008.

Blockbuster Inc. is a leading global provider of in-home movie and game entertainment with over 7,800 stores throughout the Americas, Europe, Asia and Australia. The company may be accessed worldwide at http://www.blockbuster.com/.

Blockbuster Inc.

CONTACT: Karen Raskopf, Senior Vice President, Corporate Communications,
or Randy Hargrove, Senior Director, Corporate Communications, both
+1-214-854-3190, or Angelika Torres, Director, Investor Relations,
+1-214-854-4279, all of Blockbuster Inc.

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

AK Steel Jumps to 351 on FORTUNE 500 Following Record '07 PerformanceCompany Listed Among Highest Revenue Producers In U.S. Metals Sector

WEST CHESTER, Ohio, April 21 /PRNewswire-FirstCall/ -- With revenues of $7 billion in 2007, AK Steel jumped 27 positions on the FORTUNE 500 this year, claiming the 351st spot on the magazine's annual list of America's largest corporations. The company was ranked 378 on the previous year's list. AK Steel was also ranked fifth in revenue in 2007 among all U.S. metals producers, and was listed among the fastest growing companies in profits for the year 2007.

"AK Steel's record performance in 2007 reflects our steadfast commitment to our customers, and our ongoing efforts to achieve long-term, sustained profitability," said James L. Wainscott, AK Steel chairman, president and CEO. "I congratulate, and thank, all of our employees for their contributions to the company's success."

In addition to its FORTUNE 500 ranking, AK Steel was listed among FORTUNE magazine's "America's Most Admired Companies" in 2008, receiving a number-one ranking in the metals sector for product quality and use of corporate assets. The company was also listed among CNNMoney.com's Top 10 Best Performing FORTUNE 500 stocks for the year 2007. With a 174% gain in value, AK Steel claimed the second spot on this prestigious list. AK Steel also received Cincy magazine's MANNY award in 2008 for excellence in manufacturing.

About AK Steel

AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, appliance, construction and electrical power generation and distribution markets. The company employs about 6,500 men and women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler, Pennsylvania; Ashland, Kentucky; Rockport, Indiana; and its corporate headquarters in West Chester, Ohio. Additional information about AK Steel is available on the company's web site at http://www.aksteel.com/ .

AK Tube LLC, a wholly owned subsidiary of AK Steel, employs about 300 men and women in plants in Walbridge, Ohio and Columbus, Indiana. AK Tube produces carbon and stainless electric resistance welded (ERW) tubular steel products for truck, automotive and other markets. Additional information about AK Tube LLC is available on its web site at http://www.aktube.com/ .

AK Steel Corporation

CONTACT: Media, Alan H. McCoy, Vice President, Government and Public
Relations, +1-513-425-2826, or Investors, Albert E. Ferrara, Jr., Vice
President, Finance & CFO, +1-513-425-2888, both of AK Steel Corporation

Web site: http://www.aksteel.com/
http://www.aktube.com/

Ultra Clean to Announce First Quarter 2008 Results

MENLO PARK, Calif., April 14 /PRNewswire-FirstCall/ -- Ultra Clean Holdings, Inc. , will release first quarter 2008 financial results on Monday, April 28, 2008 after markets close.

The Company will host a conference call to discuss first quarter 2008 financial results and management's outlook at 2:00 pm PDT on Monday, April 28, 2008. The call-in number is 888/561-5097 (domestic) and 706/679-7569 (international). A replay of the conference will be available for fourteen days following the call at 800/642-1687 (domestic) and 706/645-9291 (international). The confirmation number for live broadcast and replay is 42484125 (all callers).

Ultra Clean will also webcast the conference call live on our website at http://www.uct.com/ under Investor Relations.

Ultra Clean Holdings, Inc.

CONTACT: Jack Sexton, CFO of Ultra Clean Holdings, Inc.,
+1-650-617-4121

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

KeyBank Launches Time-Saving Online Banking Product With Advanced Features to Aid Small Business

CLEVELAND, April 21 /PRNewswire-FirstCall/ -- KeyBank, a wholly owned subsidiary of KeyCorp , today announced the launch of Key Business Online(SM), an online banking tool created to meet the specific needs of small and medium-sized businesses (SMEs). The new business internet solution was developed in response to today's challenging business climate, where cash optimization is increasingly a critical area of focus for SMEs.

Key Business Online(SM) includes a number of tools designed to streamline daily processes and simplify daily cash flow management. Features include immediate access to account balances, details, and transactions, electronic payments, and ability to safely delegate banking tasks to trusted associates. Advanced features of the product, historically not available to SMEs, include Pay Direct, a service that allows companies to expedite payments to vendors and employees via the secure Automated Clearing House (ACH) network. The service can even assist companies in optimizing payment terms.

"We know that small businesses want a tool to help manage time more efficiently, control business finances conveniently and build productivity," said Eric Girard, Vice President of Key's Business Internet Services. "Key Business Online(SM) brings all their financial information together in a single, easy-to-use platform so they can gain a more complete financial picture and take greater control of their organization's financial well-being."

This product meets a growing need in the small business market. According to a recent report by The Tower Group, "Many banks continue to underserve this market.... There is a wide discrepancy in the online banking features offered to US small business customers. Almost 100 percent of dedicated small business online sites offer all the basic features. Beyond the basics however, features vary widely from bank to bank."

Key Business Online(SM) includes features designed to enable small businesses to:

-- Manage cash flow more efficiently. -- Obtain a comprehensive overview of all business accounts in a single window. -- Increase productivity by quickly determining daily cash position. -- Minimize fraud through the ability to view account activity at any time. -- Take greater control over the payments process and make bill-paying fast, easy and secure. -- Have flexibility in vendor and employee payment choices. -- Improve accountability by maintaining control of accounts while delegating certain tasks. -- View all business accounts together - even if they have separate tax identification numbers.

Key Business Online(SM) is KeyBank's third online banking solution. The other two, Online Banking and Key Total Treasury(R), serve the needs of consumers and larger businesses, respectively. Visit https://www.key.com/kbo to find out more information about Key Business Online.

About KeyCorp

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $101 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For more information, visit https://www.key.com/.

KeyCorp

CONTACT: Marylee A. Gotch, KeyBank, +1-216-689-5254,
Marylee_A_Gotch@keybank.com

Nokia Music Store in Australia Opens Today

SYDNEY, Australia and ESPOO, Finland, April 21 /PRNewswire-FirstCall/ -- - Featuring Exclusive Live Album From The John Butler Trio

Nokia Australia opened the doors of its Nokia Music Store today, delivering millions of tracks from global hits to local artists and giving consumers the real freedom to enjoy music at their fingertips, 24/7.

Nokia is celebrating the launch of the Nokia Music Store in Australia with an exclusive live album from leading independent and ARIA awarding winning group, The John Butler Trio. Recently recorded in March 2008, the live performance provides a unique insight into this popular local act. The live recording is available only from the Nokia Music Store music.nokia.com.au

Rock legend, Jimmy Barnes will be the first local music recommender, suggesting his top playlist to store visitors.

We will have an exclusive track from Pete Murray and Kate Miller-Heidke also. The free track of the week will be from Stone Parade, winners of the Nokia Be Heard competition in 2007.

"It is now access all areas for Australian music lovers," said Shaun Colligan, General Manager, Nokia Australia.

"Not only we do we have millions of tracks available for consumers, but we have something for everyone, whatever their music tastes. Australian consumers can be confident that the Nokia Music Store will have a broad range of genres including popular and non-mainstream genres and independent artists.

"We want to be the most locally relevant music story and will feature artists such as The John Butler Trio, The Presets, Pete Murray, Kate Miller Heidke, Powderfinger, Silverchair, Lior, Cut Copy, Kisschasey, Kasey Chambers and many more!"

With a single account, Australian music lovers can access the Nokia Music Store via their personal computer or directly from their optimised Nokia devices, including the Nokia N95 8GB, Nokia N81 8GB and the N82.

In addition, the ability to sync from a PC is available on a wider range of Nokia models including the latest Xpress Music handets, Nokia 5610 and Nokia 5310.

The PC store's intuitive user-interface makes streaming full-length tracks easy and offers options to create customised playlists and to add tracks on a wishlist that you can decide to buy later. Tracks purchased can also be transferred via your PC to compatible Nokia devices. The music collection can then simply be synchronised between the PC and a mobile using Windows Media Player 11.

All music on the Nokia Music Store can be purchased through a variety of payment options, including credit cards and pre-paid vouchers.

Individual tracks will cost 1.70 Australian dollars per track and albums from 17.00 Australian dollars. The Nokia Music Store will also offer a monthly subscription for PC users to stream an unlimited number of full length tracks for 10.00 Australian dollars per month.

Check out Nokia Music Store http://music.nokia.com.au/ About Nokia Music Store

Nokia Music Store is a service where you can browse and buy music in order to download on your PC and compatible Nokia mobile device. Music downloaded from Nokia Music Store can be conveniently moved between your PC and compatible Nokia device, as well as copied to CD and moved on to compatible digital music players. Nokia Music Store also offers a monthly subscription service that allows you to stream unlimited music from the Store catalogue direct to your internet-connected PC. The Nokia Music Store is available in the United Kingdom, Germany, Finland, Ireland, Italy, the Netherlands, and Australia and will expand to more countries throughout the year. http://www.nokia.com/music

About Nokia

Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. We make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Developing and growing our offering of consumer Internet services, as well as our enterprise solutions and software, is a key area of focus. We also provide equipment, solutions and services for communications networks through Nokia Siemens Networks.

http://www.nokia.com/

Nokia Corporation

CONTACT: Media Enquiries: Kate Harper or Povel Torudd, Hausmann
Communications, +61(0)2-9361-3777, nokia@hausmann.com.au; Nokia,
Communications, Tel. +358-7180-34900, Email: press.services@nokia.com

Linktone Announces Appointment of Chief Operating Officer and Chief Financial Officer and Board Changes

SHANGHAI, China, April 21 /Xinhua-PRNewswire/ -- Linktone Ltd. , one of the leading providers of wireless interactive entertainment services to consumers and advertising services in China, today announced the appointment of Anthony Chia as its Chief Operating Officer and Jimmy Lai as its Chief Financial Officer, as well as the appointment of Muliawan Guptha to its board and certain other board changes.

Michael Li, Linktone's Chief Executive Officer, commented, "Given our diversification strategy into traditional and cross media, we view this as an ideal time to strengthen our management team with individuals who bring experience that will be of particular value to Linktone as we navigate through this period of change. We are looking forward to having both Anthony and Jimmy join our corporate ranks and Muliawan join our board. Anthony and Jimmy are seasoned executives that bring a wealth of knowledge and relevant business experience to the table. We believe that Muliawan, with his extensive experience in the media and advertising industry, will be extremely valuable as Linktone continues to execute on its media strategies."

Anthony Chia has over 30 years of media business operations and executive management experience, of which 12 years were spent with MediaCorp Singapore. Before joining Linktone, he acted as a senior advisor to PT Media Nusantara Citra Tbk ("MNC"), the largest and only integrated media company in Indonesia, and the controlling shareholder of Linktone following MNC's strategic investment which was completed on April 3, 2008. While at MediaCorp Singapore, Mr. Chia spearheaded its start-up investments in Starhub and CNBC Asia and was also responsible for revamping its radio and television news broadcasts. Prior to MediaCorp Singapore, he spent 12 years at the Port of Singapore Authority, holding several senior-level positions. Mr. Chia graduated from the University of Newcastle in Australia, with honors, earning degrees in Engineering and Economics and received his Master's degree from the Massachusetts Institute of Technology in the U.S.

Jimmy Lai will be assuming the position of Chief Financial Officer at the end of April 2008. Mr. Lai has more than 20 years of experience in corporate finance, accounting management, business development, as well as investor relations both in the United States and China. He joins Linktone from Palm Commerce Holdings, one of the leading IT solution providers for the China Welfare Lottery industry, where he was the Chief Financial Officer. Prior to Palm Commerce Holdings, he worked at Semiconductor Manufacturing International Corporation in China (listed on the New York Stock Exchange and the Main Board of the Stock Exchange of Hong Kong) as the associate vice president of investor relations, and at AMX Corporation as the controller and later director of financial planning. Mr. Lai graduated from the National Cheng Kung University in Taiwan with a degree in statistics, and earned his MBA in accounting from the University of Texas at Dallas.

Mr. Li continued, "As we look to capitalize on the growing opportunities in both the television media and cross media segments, Anthony's prior experience in both industries is a natural fit for us. We believe his leadership will drive the Company's implementation of its cross media strategy in China and other Southeast Asian markets.

"Jimmy's extensive corporate and financial management experience will bring the level of financial expertise needed to successfully lead us to the next stage of our development. In addition, the combination of his local knowledge of China and his expertise in U.S. best practices will help support Linktone's continued efforts to maintain a high level of corporate governance standards and internal controls."

The Company also announced today the resignations of Colin Sung, Elaine La Roche, Allan Kwan, Agus Mulyanto and Sutanto Hartono as directors. Mr. Sung, Ms. La Roche and Mr. Kwan each resigned due to personal reasons and other professional commitments.

Messrs. Mulyanto and Hartono were previously appointed to Linktone's board by MNC at the closing of its strategic investment, but upon further consideration, because Messrs. Mulyanto and Hartono are both Board members of MNC and required to concentrate fully on MNC's operations in Indonesia, the Company's board determined that it would be in the Company's best interests to appoint Mr. Guptha who has extensive media experience and, for increased efficiency, reduce the current size of the board.

Since 2001, Mr. Guptha has been working with television broadcasting companies in Indonesia, namely PT Cipta TPI, PT Musik Televis Indonesia and PT Global Informasi Bermutu (each of which is affiliated with MNC), as their finance, technology and administration directors. Earlier in his career, Mr. Guptha spent several years in the banking and financial services industry in Indonesia.

The nominating committee of the Company's board is committed to identifying additional qualified candidates for the board in the long term.

Commenting on these board changes, Hary Tanoesoedibjo, chairperson of the board, said, "On behalf of the board of directors and Linktone's management, I would like to extend our deep appreciation and sincere thanks to Mr. Sung, Ms. La Roche and Mr. Kwan for their hard work, dedication and service to the Company. Each of them has been with the Company for many years, particularly Ms. La Roche who has been a Linktone director since the Company's initial public offering, and their extensive contributions are most appreciated by the Company."

Mr. Tanoesoedibjo added, "We are delighted to welcome Mr. Guptha to the board as we believe he will bring valuable and in-depth experience to assist Linktone in achieving success in its diversification strategy."

About Linktone Ltd.

Linktone Ltd. is one of the leading providers of wireless interactive entertainment services to consumers and advertising services to enterprises in China. Linktone provides a diverse portfolio of services to wireless consumers and corporate customers, with a particular focus on media, entertainment and communications. These services are promoted through the Company's and our partners cross-media platform which merges traditional and new media marketing channels, and through the networks of the mobile operators in China. Through in-house development and alliances with international and local branded content partners, the Company develops, aggregates, and distributes innovative and engaging products to maximize the breadth, quality and diversity of its offerings.

Forward-Looking Statements

This press release contains statements of a forward-looking nature based on the current expectations of Linktone Ltd. with respect to future events and are made only as of the date of publication. These forward-looking statements can be identified by words such as "intends," "expects," "will," "believes" and similar expressions and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those projected in these forward-looking statements. These risks and uncertainties includes: the risk that Linktone will not be able to locate and retain suitable people for its board of directors and middle and senior management; the ability of Linktone to successfully execute on its media strategy; the risk that Linktone will not be able to develop and effectively market innovative services; the risk that Linktone will not be able to implement and maintain effective internal controls; Linktone's ability to control its operating expenses in future periods or make expenditures that effectively differentiate Linktone's services and brand. For additional information on factors that could cause Linktone's actual results to differ from expectations reflected in these forward-looking statements, please see Linktone's filings with the Securities and Exchange Commission, including its registration statement on Form F-1 and annual report on Form 20-F. Except as required under applicable law, Linktone expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement included in this document to reflect any changes in expectations with regard thereto or any changes in events, conditions, or circumstances on which any statement is based.

For more information, please contact: Brandi Piacente The Piacente Group, Inc. Tel: +1-212-481-2050 Email: brandi@thepiacentegroup.com Web: http://www.linktone.com/

Linktone Ltd.

CONTACT: Brandi Piacente of The Piacente Group, Inc., +1-212-481-2050, or
brandi@thepiacentegroup.com

Federal Signal Completes Sale of Its Tool Group

OAK BROOK, Ill., April 21 /PRNewswire-FirstCall/ -- Federal Signal Corporation , a leader in advancing security and well-being, announced today that it completed the sale of its tool group to Connell Limited Partnership. The businesses sold include Dayton Progress Corporation and its subsidiary, PCS Company.

"The sale of these industrial die and mold tooling businesses concludes the divestiture of our tool group and supports our desire to tighten our strategic focus. We expect to use the proceeds to pay down debt associated with the acquisitions we made last year in our safety and security systems group," said James E. Goodwin, interim president and chief executive officer of Federal Signal Corporation. "I would like to thank the tool group employees who have worked to build these businesses, and I wish them the very best."

About Federal Signal

Federal Signal Corporation is a leader in advancing security and well-being for communities and workplaces around the world. The company designs and manufactures a suite of products and integrated solutions for municipal, governmental, industrial and airport customers. Federal Signal's portfolio of trusted, high-priority products include Bronto aerial devices, Elgin and Ravo street sweepers, E-ONE fire apparatus, Federal Signal safety and security systems, Guzzler industrial vacuums, Jetstream waterblasters and Vactor sewer cleaners. Federal Signal was founded in 1901 and is based in Oak Brook, Illinois. http://www.federalsignal.com/

Federal Signal Corporation

CONTACT: investors, David Janek of Federal Signal Corporation,
+1-630-954-2000, djanek@federalsignal.com

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

UTStarcom Appoints Frankie Sum Asia-Pacific Regional Vice PresidentSeasoned Industry Sales Executive to Lead Asia-Pac International Sales

ALAMEDA, Calif., April 21 /PRNewswire-FirstCall/ -- UTStarcom, Inc. , a global leader in IP-based, end-to-end networking solutions and services, today announced that Frankie Sum has joined the company as regional vice president of international sales for UTStarcom's Asia-Pacific operations.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO)

Sum will lead UTStarcom's sales efforts in the Asia-Pacific region, where UTStarcom holds leadership positions in its core business focus areas: Internet Protocol TV (IPTV), Next Generation Networks (NGN) and broadband. Sum will oversee all the country managers in Asia Pacific except China, India and Japan.

"Frankie's experience in implementing an effective global sales strategy will mark a vital contribution to our international sales efforts in Asia-Pac, especially as UTStarcom continues its momentum in this key high-growth geography," said David King, senior vice president of international sales and marketing, UTStarcom, Inc. "With his leadership and insight, Sum will help grow UTStarcom's overall market share in one of our most important regions."

Prior to joining UTStarcom, Sum served as head of Asia sales for EDS and held a variety of senior positions over a nine-year period at Cisco Systems, including Hong Kong managing director responsible for the company's operations in Hong Kong, China, Taiwan, and the Philippines at various periods. Previously, he held several managerial roles for global technology leaders including Software AG, Informix Software, Concurrent Computer Corporation and IBM.

Sum holds a master's degree in computer science from the University of California at Los Angeles and a bachelor of science degree in mathematics from California State University, Fresno.

About UTStarcom, Inc.

UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company sells its broadband, wireless, and handset solutions to operators in both emerging and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and development operations in the United States, Canada, China, Korea and India. For more information about UTStarcom, visit the company's Web site at http://www.utstar.com/.

Photo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com UTStarcom, Inc.

CONTACT: Darleen DeRosa Senior Director, Corporate Public Relations of
UTStarcom, Inc., +1-510-769-2830, darleen.derosa@utstar.com; or Sara Zavala,
Senior Account Executive of Edelman, +1-702-644-2465, sara.zavala@edelman.com,
for UTStarcom, Inc.

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

Versus Technology, Inc. Announces Collaboration with Cleveland Clinic to Create Clinical Patient Flow Model

TRAVERSE CITY, Mich., April 21 /PRNewswire-FirstCall/ -- Versus Technology, Inc., (Versus) announces a collaboration with Cleveland Clinic's Glickman Urology & Kidney Institute that will combine Versus' Real-time Location Information System (RTLIS), VISion(TM), with the Cleveland Clinic's Glickman Urological & Kidney Institute's clinical workflow expertise to enhance Versus' clinic-based patient flow solution.

The collaboration will develop and document clinic best practices through increased efficiencies, automatic data capture, event automation, and system integrations. The goal of this initiative is to transform clinic processes improving patient safety and satisfaction while reducing unnecessary expenditures related to time spent searching and waiting.

These efforts include retooling basic processes and time-consuming, repetitive tasks with real-time location information passively collected through the Versus patented Infrared (IR) and Active RFID sensory network. By using technology to automate routine tasks, errors in data entry and delays due to the fast-paced clinic environment will be reduced or prevented. Caregivers will be free to dedicate more time to patient care.

"Versus has implemented hundreds of RTLIS solutions for automating processes within acute care, emergency, perioperative, long-term care and biomedical settings, so enhancing the Versus Location Information System to assist outpatient clinics is a natural progression in this growing marketplace. New technology allowing caregivers to provide for patients more effectively and efficiently is an important need of healthcare systems," said Paul Timmerman, Versus' VP of Business Development.

About Versus Technology, Inc.

Versus Technology, Inc. (OTC Pink Sheets: VSTI) (http://www.versustech.com/) (Versus) is the leader in the development and sale of context-aware systems used for the management of patient flow and medical assets and to improve caregiver/patient communications in medical and long-term care facilities. Versus also supplies Active IR/RFID tags and readers that make locating systems more precise, security systems more intelligent, data collection routines automatic, and asset management systems more efficient. Versus' systems, which are currently installed in hospitals, corporate facilities, government facilities, and other complexes, permit the automatic and accurate registry of essential management and business information. By monitoring the precise location of personnel or equipment and automatically recording events associated with their locations, the systems offer real-time asset and staff locating, automatic data collection, access/egress control, and a passive source of location data that facilitates scheduling and communication interfaces.

Safe Harbor Provision

This document may contain forward-looking statements relating to future events, such as the development of new products, the commencement of production, or the future financial performance of the Company. These statements fall within the meaning of forward-looking information as defined in the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, economic, competitive, governmental, and technological factors affecting the Company's markets and market growth rates, products and their rate of commercialization, services, prices and adequacy of financing, and other factors. The Company undertakes no obligation to update, amend, or clarify forward-looking statements, whether because of new information, future events, or otherwise.

Versus Technology, Inc.

CONTACT: Media, Stephanie Bertschy, Director of Marketing, or Investors,
Richard W. Ebersole, Chief Financial Officer, both of Versus Technology, Inc.,
+1-231-946-5868

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

Jordan Hudgens, CEO of Vidshadow Creates Personal Wall on Wallst.net's Financial Social Community, my.wallst.net

NEW YORK, April 21 /PRNewswire-FirstCall/ -- Jordan Hudgens, Chief Executive Officer of Vidshadow, Inc. (Pink Sheets: VSDW) (http://www.vidshadow.com/) will be updating the investment community through his personal profile on MyWallst.net available at http://www.wallst.net/. The dynamic profile will include exclusive interviews with Jordan Hudgens, company blogs on which investors can comment, his personal stock watchlist, photos of company products and links to recent press.

Visit Jordan Hudgen's profile on Mywallst.net at http://my.wallst.net/profile.php?ID=20036.

Stay updated about Vidshadow Inc., ask Jordan a question or post a comment on his personal page. Join Vidshadow's message board to discuss company activity with other interested parties, "invest" in VSDW.PK through the Rookie Challenge and join his financial social network today.

About WallSt.net:

http://www.wallst.net/ is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. (http://www.financialmediagroupinc.com/). The Web site is a leading provider of timely business news, executive interviews, multimedia content, and research tools. Financial Media Group, Inc. also owns http://my.wallst.net/, a financial social network for investors, and Financial Filings Corp. (http://www.financialfilings.com/), a provider of compliance solutions to publicly traded companies. We have received nine thousand nine-hundred ninety five dollars from Vidshadow Inc. for media and advertising services. In addition to WallSt.net, WallStreet Direct, Inc. owns and operates WallStRadio (http://www.wallstradio.com/), a business and finance podcast Web site.

About Vidshadow:

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: Vidshadow

212-584-4392

Vidshadow, Inc.

CONTACT: Vidshadow, +1-212-584-4392

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

BravePoint Releases Version 2 of its BI Solution: Business Intelligence with Enhanced Functionality

ATLANTA, April 21 /PRNewswire-FirstCall/ -- BravePoint(R), Inc. has announced expanded functionality for its popular Business Intelligence solution. These solutions are designed specifically for cost conscious business leaders who want to get a real-time pulse of their business so they can instantly and clearly view key performance indicators and make decisions to proactively adjust business strategy and exploit market trends. "Version 2 of our BI solution," remarked John Harlow, BravePoint President, "will provide improved scalability, an integrated framework, and a superior interface to an already feature-rich application. The comfortable SAAS and appliance pricing models also make this solution a compelling choice for our clients."

"Since the primary goal of a business intelligence solution is to provide business information in a consistent, seamlessly integrated format," noted Michael Marriage, Product Manager, "BI, Version 2 allows for seamless consistency by embedding the solution directly into your mission critical application. Additionally, this solution can be implemented at a fraction of the cost of our competitors because no licensing is required."

New Features in Version 2: 1. Improved Framework: To alert users to potential problems, ETL messages can now be viewed from the dashboard. 2. Improved Interface: You can modify help messages to be KPI-specific, to increase end-user understanding of the data. Charts have been improved with Flash (animated) functionality for easier reading. 3. Increased Scalabilty: As your applications, data sources, and user-base expand, your BI solution can be scaled to accommodate the growth. 4. Adhoc Report Writer: End-users now have the ability to create their own reports. Through the use of an intuitive wizard, users can create virtually any report they need, without help from IT. 5. More Seamless: BI Dashboards can be embedded directly in your application for unparalleled consistency and ease of use. 6. SAAS Pricing: BI solutions are available as a software service (subscription) model for speedy implementation and worry-free support. 7. Appliance Pricing: If you are uncertain about your data being held offsite, we offer an appliance model whereby we bring the server and set it up, completely loaded with your integrated solution. About BravePoint

Headquartered in Atlanta, Georgia, BravePoint, Inc. is a leading provider of consulting, training, and application development to a variety of clients worldwide. Since 1987, BravePoint has applied business experience and technology expertise to improve customers' profitability and competitiveness in the Progress(R) market. BravePoint is included in the Advanced Information Services businesses of Chesapeake Utilities Corporation . All third party trademarks are the property of their respective owners.

FOR MORE INFORMATION: Barbara Ware, Marketing Director 770.449.9696 http://www.bravepoint.com/

BravePoint, Inc.

CONTACT: Barbara Ware, Marketing Director of BravePoint, Inc.,
+1-770-449-9696

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

Lockheed Martin and Rice Partner on Nanotech Research

HOUSTON, April 21 /PRNewswire/ -- Lockheed Martin and Rice University today announced the creation of an innovative, strategic partnership to develop new technologies for a broad range of applications in electronics, energy and security.

The Lockheed Martin Advanced Nanotechnology Center of Excellence at Rice University, or LANCER, will pair researchers from Lockheed Martin with Rice experts in carbon nanotechnology, photonics, plasmonics and more. LANCER will be based at Rice's Richard E. Smalley Institute for Nanoscale Science and Technology.

"Nanotechnology promises to impact everything from the clothes people wear to the energy they consume, and it will also revolutionize the systems and services Lockheed Martin delivers to its government customers," said Sharon Smith, director of Advanced Technology, Lockheed Martin. "We are excited to partner with Rice, a recognized leader in nanotechnology research, to collaborate on those breakthroughs leading us to next generation products and services for our nation."

LANCER grew out of a series of technology exchange events between the Smalley Institute and Lockheed Martin scientists in recent years, led by Rice faculty and designed to keep Lockheed Martin researchers apprised of the latest nanotechnology discoveries.

"LANCER formed from the bottom-up, and that sets it apart from other ambitious university-industry research partnerships," said Wade Adams, director of Rice's Richard E. Smalley Institute for Nanoscale Science and Technology. "The folks in the labs are the ones who came to us and said, 'Make it easier for us to work together.'"

When Lockheed Martin researchers visited Rice in March, for instance, the Smalley Institute and the Rice Alliance for Technology and Entrepreneurship sponsored a round-robin session that initiated dozens of conversations between Lockheed Martin project managers and Rice faculty on promising areas of collaborative research. LANCER officials are evaluating a number of specific proposals that grew out of those meetings.

The kinds of technologies discussed include: -- nanomaterials that could double the efficiency of Lithium-ion batteries -- airport scanners that can "see" through the soles of shoes -- solar energy collectors that are twice as efficient as today's best -- nanomaterials that can extract energy from waste heat -- "neuromorphic" computers that are structured like mammalian brains -- stealthy materials that are stronger and lighter than existing products -- space-based sensors that can closely monitor climate change

LANCER officials expect to fund up to a half-dozen projects per year. Priority will be given to projects that can either be brought to market quickly or dramatically improve upon existing technology.

Nanotechnology refers to devices and specks of matter that are measured in the billionths of a meter. Nanoscale objects can be thousands of times smaller than living cells and include both organic molecules like DNA and inorganic metals and semiconductors. In many instances, scientists can create nanoparticles with great precision -- even controlling the placement of individual atoms. With this precision, scientists worldwide are racing to find new materials and processes that can revolutionize everything from healthcare and electronics to energy production and environmental science.

More than a quarter of the science and engineering faculty hired at Rice in the past two decades are nanotechnology experts who are affiliated with the Smalley Institute, which is named for Rice chemist and nanotechnology pioneer Richard Smalley.

Lockheed Martin

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

Rice University

Located in Houston, Rice University is consistently ranked one of America's best teaching and research universities. Known for its "unconventional wisdom," Rice is distinguished by its: size -- 3,001 undergraduates and 2,144 graduate students; selectivity -- 12 applicants for each place in the freshman class; resources -- an undergraduate student-to-faculty ratio of 5-to-1; sixth largest endowment per student among American private research universities; residential college system, which builds communities that are both close-knit and diverse; and collaborative culture, which crosses disciplines, integrates teaching and research, and intermingles undergraduate and graduate work.

Smalley Institute

Rice University's Richard E. Smalley Institute for Nanoscale Science and Technology is a venue where researchers from all disciplines of science and engineering meet to share ideas and jointly research nanoscience, nanoengineering and nanotechnology. The institute: provides administrative support to Rice faculty and to joint projects and programs, supports joint research initiatives, performs fund-raising, sponsors seminars and conferences, encourages entrepreneurism, encourages multi-disciplinary collaborations, connects to external organizations, and supports educational initiatives from the kindergarten to the professional level.

Lockheed Martin

CONTACT: Jade Boyd of Rice University, +1-713-348-6778,
jadeboyd@rice.edu; or Tom Greer of Lockheed Martin, +1-301-897-6457,
thomas.greer@lmco.com

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

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

PACT Continues to Divest Non-Core Business to Improve Cash Position with a Focus on Gaming and Lottery Technology in China and Asia

BEIJING, April 21 /Xinhua-PRNewswire-FirstCall/ -- PacificNet, Inc. , a leading provider of e-commerce and gaming technology in China, announced an agreement to sell the interest in one of its telecom and CRM units in China for a total sale consideration of $21M HKD of which partial payment has already been received. PACT has been actively negotiating with interested buyers and potential investors to divest its non-core, non-gaming business units.

Tony Tong, Chairman and CEO of PacificNet, said, "As previously approved by our board of directors, PACT's new strategy is to focus on the rapidly growing gaming and lottery markets in greater China, Macau, and Asia. We believe this telecom asset sale will simplify our operations, reduce compliance costs, and improve our liquidity and gaming focus. Since most of our legacy business units are profitable, we believe we are in a healthy position to extract cash and value for our shareholders. We are in on-going discussion with multiple potential buyers and investors to maximize our return and to boost our cash position. Despite the divestiture of our telecom, call center assets and facilities, we believe our gaming strategy will continue to benefit from the CRM and database marketing expertise which we've gained in China and Asia in the past years."

"We are very excited about the market potential and strong demand for our gaming and lottery products in our surrounding markets," Phillip Wong, CFO of PACT, added. "Fueled by casino openings and a 23 percent jump in annual visitor volume, operators in Macau collected more than $10.3 billion in gaming revenue during 2007, an increase of 46 percent over 2006 as Macau has surpassed the Las Vegas Strip as the largest gaming market in the world. More than 27 million people visited Macau during 2007, including 15 million visitors from Mainland China and 8.2 million visitors from Hong Kong. Macau is a Special Administrative Region of China and is the only place in China where casino gaming is legal. I believe PACT has an early mover advantage as a leading domestic developer and manufacturer of gaming products for Asian players. We are confident that our gaming and lottery products have demonstrated their income generating capabilities and will be adopted by the increasing number of gaming and lottery operators in China and Asia in 2008 and beyond."

About PACT

PacificNet (PACT) is a leading provider of gaming and mobile game technology worldwide with a focus on emerging markets in Asia, Latin America and Europe. PacificNet's gaming products are localized to their specific markets creating an enhanced user experience for players and larger profits for operators. PacificNet's gaming clients include the leading hotels, casinos, and gaming operators in Macau, Europe and elsewhere around the world. PacificNet also maintains legacy subsidiaries in the call center and ecommerce business in China. PacificNet employs about 500 staff in its various subsidiaries with offices in the US, Hong Kong, Macau, China. For more information please visit http://www.pacificnet.com/ .

PacificNet's Major Operating Subsidiaries:

- PacificNet Games Limited (http://www.pactgames.com/) is a leading provider of Asian multi-player electronic gaming machines, land-based and online gaming technology solutions, gaming related maintenance, IT and distribution services for the leading hotel, casino and slot hall operators based in Macau, China, the Philippines and other Asian gaming markets.

- Take1 Technologies (http://www.take1technologies.com/) is in the business of designing and manufacturing electronic multimedia entertainment kiosks, coin-op kiosks and machines, Electronic Gaming Machines (EGM), bingo and slot machines, AWP (Amusements With Prizes) games, server-based downloadable games systems, and Video Lottery Terminals (VLT) such as Keno and Bingo machines, including hardware, software, and cabinets. Take1 Technologies is currently profitable.

- Pacific Solutions Technology is a CMM Level 3 certified software development center located in Shenzhen, China, that specializes in the development of client-server systems, internet e-commerce software, online and casino gaming systems and slot machines, as well as banking and telecom applications using Microsoft Visual C++, Java, and other rapid application development tools. Pacific Solutions has been a profitable company for the past few years.

- SOLD: PacificNet Epro (http://www.eprotel.com.hk)/ CRM Call Center and Customer Services Outsourcing. Epro has been a profitable company for the past few years.

- PacificNet Clickcom (http://www.clickcom.com.cn/) MOABC.com: VAS, SP (SMS, WAP)

- Guangzhou WanRong (http://www.my2388.com)/ Value-added telecom service provider (VAS, SP, SMS, MMS, IVR, WAP, Java Mobile Games). WanRong has been a profitable company for the past few years.

- PacificNet Communications Limited (http://imobile.pacificnet.com/), mobile telecom provider in Hong Kong. Pacific Communications has been a profitable company for the past few years.

- iMobile China (http://www.imobile.com.cn/, http://www.18900.com/, http://wap.17wap.com/) the leading e-commerce portal for mobile phone hardware, software, games and accessories online sales provider in China. iMobile is also the designated e-commerce service provider and operator for Nokia (http://www.shop.nokia.com.cn/) and Motorola (http://motostore.com.cn/) and responsible for the design, operation, payment processing, customer services support hotline, CRM, and logistic services for Nokia and Motorola in China. iMobile has been a profitable company for the past few years.

For more information, please contact: PacificNet USA office: Jacob Lakhany Tel: +1-605-229-6678 Email: investor@pacificnet.com

PacificNet, Inc.

CONTACT: Jacob Lakhany at the PacificNet USA office, +1-605-229-6678,
investor@pacificnet.com

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

Spike TV Presents the Second Annual 'Guys Choice' - Everything Guys Love Goes Head-To-Head One Night OnlyPremieres Sunday, June 22nd at 10 PM, ET/PTPlayboy Founder Hugh Hefner To Be Honored With 'Guys Choice' 'Guycon' Lifetime Achievement AwardNominees Include Jessica Biel, Tom Brady, Matt Damon, Tina Fey, 50 Cent, Harrison Ford, LeBron James, Scarlett Johansson, Kim Kardashian, Eva Longoria, Eli Manning, Eva Mendes, Marisa Miller, Rihanna, Chris Rock, Seth Rogen, Jessica Simpson, Kanye West, Tiger Woods And Many MoreVoting Starts Today Only At www.guyschoice.spike.com

NEW YORK, April 21 /PRNewswire/ -- Spike TV today announced the second annual "Guys Choice" - a one night only event for guys where the year's most hotly debated rivalries from the world of sports, comedy, film, internet and more go up against one another mano a mano with original categories that embody everything that matters in "guydom." This two-hour event pays homage to the things guys love most -- superstar athletes, best of web, beautiful women, sports highlights of the year, hilarious comedic performances and hard rocking musical acts. Scheduled to tape Friday, May 30 at the Sony Studios in Culver City, CA, "Guys Choice" premieres Sunday, June 22 (10:00 PM-Midnight, ET/PT).

(Logo: http://www.newscom.com/cgi-bin/prnh/20060322/NYW096LOGO )

Spike TV will also pay special tribute to the most-celebrated bachelor of all-time, Playboy magazine founder, Hugh Hefner. As the editor-in-chief and chief creative officer of Playboy, Hugh Hefner, is a man who has profoundly influenced male society in the last 50 years, during which his publication has been the world's best-selling men's lifestyle magazine. This special tribute will be presented by former Playboy centerfold, Pamela Anderson and other very special guests. Playboy magazine marks its 55th anniversary in December.

Beginning today, Monday, April 21st and closing Friday, May 23rd, voting for this year's winners is held online at http://www.guyschoice.spike.com/. Also online, fans can log-on to view exclusive red carpet and backstage coverage of "Guys Choice." This two-hour event will feature such categories as "Most Dangerous Man," "Femme Fatale," "Guy of the Year," "Biggest Ass Kicker" and "Hottest Girl on the Planet." Included this year is a host of new categories such as "Hottest Eva" and "Hilarious Dot Com Award." Keeping with tradition, each category is narrowed down to two nominees and is settled like men: mano a mano. The night will also feature discretionary honors to be announced shortly.

All-star nominees include Jessica Biel, Matt Damon, Tom Brady, Tina Fey, 50 Cent, Foo Fighters, Harrison Ford, Summer Glau, LeBron James, Scarlett Johansson, Milla Jovovich, Kim Kardashian, Avril Lavigne, Linkin Park, Eli and Peyton Manning, Eva Mendes, Marisa Miller, Rihanna, Chris Rock, Seth Rogen, Jessica Simpson, Tila Tequila, David Tyree, Kanye West and Tiger Woods (complete list of categories and nominees is below).

The official sponsors of Spike TV's "Guys Choice" are Cingular, now the new AT&T, Corona, Degree Men, Pizza Hut, Sega: "The Incredible Hulk Video" Game, SoBe and the U.S. Army.

Following are the categories and nominees for Spike TV's "GUYS CHOICE" BIGGEST ASS KICKER Jason Bourne vs. Iron Man MOST DANGEROUS MAN Anderson Silva vs. Wladimir Klitschko LUCKIEST BASTARD Brian Austin Green (Megan Fox) vs. Rhys Ifans (Sienna Miller) HOTTEST GIRL ON THE PLANET Scarlett Johansson vs. Jessica Biel MOST UNSTOPPABLE JOCK Eli Manning vs. Tiger Woods SICKEST RHYMES 50 Cent vs. Kanye West BALLSIEST BAND Foo Fighters vs. Linkin Park KING OF COMEDY Seth Rogen vs. Chris Rock GUY OF THE YEAR Harrison Ford vs. Matt Damon HOT N' FRESH Meagan Good vs. Marisa Miller VIRAL VIDEO I'm F**king Damon vs. I'm F**king Affleck PLAY OF THE YEAR Matt Holliday vs. David Tyree REAL SPORTS MIRACLE Richard Zednik vs. Kevin Everett BADASS DNA Eli/Peyton Manning vs. Kurt/Kyle Busch TOP FANTASY LEAGUER LeBron James vs. Tom Brady HOTTEST EVA Eva Longoria vs. Eva Mendes SO HOT THEY'RE FAMOUS Kim Kardashian vs. Tila Tequila SEXIEST SIREN Avril Lavigne vs. Rihanna FEMME FATALE Ashley Dupre vs. Jessica Simpson HOT & FUNNY Sarah Silverman vs. Tina Fey HILARIOUS DOT COM AWARD South Park Studios vs. Funny or Die OUTSTANDING LITERARY ACHIEVEMENT Slash vs. The Heroin Diaries KILLER QUOTE "Don't taze me, bro." vs. "I have a wide stance." FIERCEST FEMALE: Milla Jovovich ("Residential Evil") vs. Summer Glau ("Terminator: The Sarah Conner Chronicles") FOXIEST PRESIDENTIAL GROUPIE Obama Girl vs. Hillary Hottie

Beth McCarthy-Miller and Carol Donovan will serve as executive producers along with Casey Patterson, Spike TV's senior vice president, event production & talent development.

Spike TV is available in 96.1 million homes and is a division of MTV Networks. A unit of Viacom , MTV Networks is one of the world's leading creators of programming and content across all media platforms. Spike TV's Internet address is http://www.spike.com/.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060322/NYW096LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Spike TV

CONTACT: Shana Tepper, +1-212-767-4275, shana.tepper@spiketv.com, or
Aileen Budow, +1-212-767-3952, aileen.budow@spiketv.com, both of Spike TV

Web site: http://www.spike.com/
http://www.guyschoice.spike.com/

Northrop Grumman to Showcase Wireless Broadband Technology at BAPCO Annual Conference and Exhibition

LONDON, April 21 /PRNewswire/ --

Northrop Grumman Corporation (NYSE: NOC) will highlight its broadband wireless capability at the British Association of Public Safety Communications Officers (BAPCO) annual conference and exhibition to be held at 23-24 April 2008 at the Business Design Centre, London.

Northrop Grumman together with NextWave Wireless will be located at stand B37.

"Our experience building wireless networks and our systems integration expertise puts Northrop Grumman at the forefront of public safety communications," said Tom Afferton, director of wireless engineering for Northrop Grumman's Information Technology sector. "The broadband high speed wireless capability we have on display demonstrates the tangible benefits that are available now to front line users."

Northrop Grumman will demonstrate the operational benefits of delivering mobile broadband data to front line policing based on the recent successful trial of broadband mobile data capability held in Sussex and the delivery of the New York City's public safety wireless broadband network.

The display will show how live streaming video from remote and local cameras can be transmitted over a wireless high speed data path to mobile devices including tablet PCs.

Northrop Grumman completed the successful trial in an operational environment of NextWave Wireless' TD-CDMA wireless broadband technology in 2007. The trial was held in Lewes and was hosted by Sussex Police and led by the National Policing Improvement Agency (NPIA).

Northrop Grumman has more than 50 years of experience designing, integrating, and operating some of the world's most complex and secure communications systems. It provided the core systems integration for the Airwave Service, the secure digital radio network dedicated for the use of the UK's emergency and public safety services.

Northrop Grumman in the UK operates from primary locations at Chester, Coventry, Fareham, New Malden, Peterborough, RAF Waddington and Solihull, providing avionics, communications, electronic warfare systems, marine navigation systems, robotics, C4ISR solutions and mission planning, IT systems and software development.

Northrop Grumman Corporation is a US$32 billion global defence and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.

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

Northrop Grumman Corporation

Ken Beedle of Northrop Grumman Corporation, +44-207-747-1910, or +44-7787-174092, Ken.beedle@euro.ngc.com

Conversion Services International Sponsors iSixSigma Financial Services Industry ChannelPartnership advances quality through expertise in Six Sigma and Voice of Customer programs

EAST HANOVER, N.J., April 21 /PRNewswire-FirstCall/ -- Conversion Services International, Inc. , a premier professional services firm focused on business intelligence and business process optimization solutions to Global 2000 organizations and other businesses, today announced its sole sponsorship of iSixSigma's Financial Services Industry Channel.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060421/NYF015LOGO)

CSI, along with its wholly-owned subsidiary, DeLeeuw Associates, announced a strategic alliance to sponsor iSixSigma Financial Services, an Internet portal specifically for the financial services application of Six Sigma, a rigorous, data-driven method for business process improvement. The primary purpose for this co-branded portal is to facilitate improvements in financial services sector quality and efficiency by providing free and easy access to educational and reference materials, case studies, best practices and other information designed for financial services professionals.

iSixSigma serves about 500,000 visitors each month. Collectively, the readership of iSixSigma views 7+ million pages of content on almost every subject relating to Six Sigma and Quality management. The Financial Services Industry Channel covers issues facing business and quality professionals from banks, finance organizations, insurance companies (auto, personal, commercial, reinsurance), mortgage companies (personal, commercial), investment/securities organizations and treasury operations.

"The iSixSigma/DeLeeuw Associates Financial Services Industry Channel brings together the largest community of business professionals interested in Six Sigma and business process improvement with the expertise and experience of thought leadership in financial services business process optimization and business intelligence," said Frank Ducceschi, vice president and publisher CTQ Media. "This dedicated portal, where users can access financial services quality information, tools and advice at no cost, is transforming the way financial services businesses execute around the world. DeLeeuw Associates has been an active participant in this transformation since its inception in 2002, contributing content and thought-leadership that combine both a Six Sigma perspective and financial services expertise. We welcome them as sole sponsor of this channel."

iSixSigma and DeLeeuw Associates will promote the use of the Financial Services Industry Channel as a global learning and communications platform for improving the financial services sector; their goal is to create a more efficient, cost effective and higher quality system for delivering financial products and services to customers. DeLeeuw Associates brings unique value to this channel through its expertise in Six Sigma and Voice of Customer offerings, honed through its extensive experience in the financial services industry. DeLeeuw Associates also brings a unique, enterprise-wide view of continuous process improvement combining both business process optimization and business intelligence into full-service solutions that enhance customer loyalty and expand their clients' customer base.

According to Bryan Carey, CSI's senior vice president of strategic consulting and managing director for DeLeeuw Associates, "CSI and DeLeeuw Associates are excited about partnering with iSixSigma, a Six Sigma thought-leader since 2000. Leveraging the histories and strengths of our organizations, we're able to provide iSixSigma's Financial Services Industry Channel visitors with access to advice, best practices and thought leadership, derived from real-world, hands-on experience in business process optimization, from leaders and practitioners in the financial services sector."

About Conversion Services International, Inc.

Conversion Services International, Inc. (CSI) is a leading provider of professional services focusing on strategic consulting, data warehousing, business intelligence, business process reengineering, as well as integration and information technology management solutions. CSI offers an array of products and services to help companies define, develop, and implement the warehousing and strategic use of both enterprise-wide and specific categories of strategic data. CSI's customers include ADP, Coach, Goldman Sachs, Liberty Mutual, Merck, Morgan Stanley, and Pfizer. Information about CSI can be found on the web at http://www.csiwhq.com/ or by calling its corporate headquarters at 888-CSI-5036.

About DeLeeuw Associates

DeLeeuw Associates, a wholly owned subsidiary of Conversion Services International, Inc. , is a management consulting organization specializing in integration, reengineering, and project management. Their associates have significant experience delivering value in large-scale, fast-paced projects within all financial services sectors and financial areas.

DeLeeuw has managed and supported some of the largest merger projects in the history of the financial services industry. DeLeeuw's Lean and Six Sigma practice provides its clients with rapid, quality results, leveraging Lean to combine process speed and deployment benefits with increased customer satisfaction, reduced costs and improved revenues and profits.

Note on Forward-Looking Statements

Except for the historical information contained herein, this press release contains, among other things, certain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such statements may include, without limitation, statements with respect to CSI's plans, objectives, expectations and intentions and other statements identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans" or similar expressions. These statements are based upon the current beliefs and expectations of CSI's management and are subject to significant risks and uncertainties, including the ability of CSI to be in compliance with all applicable American Stock Exchange continued listing requirements, the ability to maintain revenue growth, the ability to locate and acquire other businesses and to successfully integrate such acquisitions, the ability to decrease operating expenses, and those detailed in CSI's filings with the Securities and Exchange Commission. Actual results may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond CSI's control). CSI undertakes no obligation to update publicly any forward-looking statements.

Investor Relations: Media Contact: Porter, LeVay & Rose, Inc. Tracee Lee Beebe Jeffrey Myhre, VP -- Editorial Marketing & Communications 212-564-4700 Conversion Services International, Inc. 973-560-9400 tbeebe@csiwhq.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060421/NYF015LOGO
PRN Photo Desk, photodesk@prnewswire.com Conversion Services International, Inc.

CONTACT: Investors, Jeffrey Myhre, VP, Editorial, of Porter, LeVay &
Rose, Inc., +1-212-564-4700, for Conversion Services International, Inc.; or
Media, Tracee Lee Beebe, Marketing & Communications of Conversion Services
International, Inc., +1-973-560-9400, tbeebe@csiwhq.com

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

Four Interplay Classics Arrive on Wii Virtual Console

BEVERLY HILLS, Calif., April 21 /PRNewswire-FirstCall/ -- Interplay Entertainment Corp. (BULLETIN BOARD: IPLY) announced today that four of its franchise titles for the classic Sega Genesis videogame system will soon appear on the Nintendo Wii Virtual Console.

Earthworm Jim, Earthworm Jim 2, Boogerman, and Clayfighter, all popular Interplay titles on the Sega Genesis in the 1990s, will be available later this year on the Wii Virtual Console.

Nintendo's Virtual Console makes some of the greatest video games in history available for Wii. Users can download and play many favorite NES, SNES, N64, NEOGEO, Sega Genesis and TurboGrafx 16 titles.

About Interplay

Founded in 1983, Interplay Entertainment is a developer, publisher and licensor of video game software headquartered in Southern California. Interplay is best known for its successful titles in the Role-Playing Game (RPG) genre with hit series like "Fallout" and "Baldur's Gate." The company has produced and licensed titles for many of the most popular interactive entertainment software platforms in the action/arcade, adventure/RPG and strategy/puzzle categories. Its portfolio of well-recognized Intellectual Properties includes Battlechess, Clayfighter, Dark Alliance, Descent, Earthworm Jim, Freespace, Giants, Messiah, MDK, Run Like Hell, Sacrifice and others.

Interplay Entertainment

CONTACT: Luke Haase, +1-231-932-0400, for Interplay Entertainment

BookIt.com Named as Winner of Outstanding Deals by an Online Travel Agency at the 2008 Travelzoo Awards

PANAMA CITY, Fla., April 21 /PRNewswire/ -- BookIt.com, http://www.bookit.com/, the fastest growing online travel company, has been named the winner of Outstanding Deals by an Online Travel Agency at the 2008 Travelzoo Awards(TM). Other nominees included travel industry powerhouse brands Expedia, Travelocity and Orbitz.

Travelzoo , a global Internet media company, revealed the 2008 Travelzoo Award winners at a gala award ceremony in Chicago on April 9. The Travelzoo Awards, also known as 'The Tzoos', celebrate the companies behind the best deals in 20 categories, including airlines, hotels, vacation companies, cruise agencies, cruise lines, shows & events, car rentals and destinations.

"We are so honored to win this prestigious award and consider it a major achievement, especially considering the esteemed list of nominees," said Jesse Henson, Vice President of Marketing for BookIt.com. "At BookIt.com, everything we do revolves around our guests, including consistently providing tremendous vacation values for them."

"For BookIt.com to be nominated alongside such industry leaders as Expedia, Travelocity and Orbitz is an honor in itself, and to be selected as the winner is both humbling and extremely gratifying," said Bud Finlaw, President and founder of BookIt.com. He added, "This award underscores how hard our team works to compete in an extremely competitive marketplace."

"Everyday the travel industry inspires millions of people to escape their daily lives and explore new places," said C.J. Kettler, president North America, Travelzoo. "It is such an honor for us to recognize the companies that are the best at not only inspiring travelers, but creating deals that make travel accessible, affordable and easy to book. All 20 of our Tzoo Award winners are leaders in this industry."

Travelzoo's deal experts evaluated more than 67,000 deals to determine the companies behind the best deals in each of the 20 categories. Seventy-three companies were honored at the Tzoo Awards. For more information visit http://www.travelzoo.com/tzoos .

About BookIt.com

BookIt.com is an online travel company determined and dedicated to becoming the leader in providing travelers with the most intuitive online booking experience. Based in Panama City Beach, Fla., BookIt.com offers a full range of services including vacation packages, airfare, hotel reservations, car rental, cruises and in-destination activities, attractions and services from a broad selection of destinations both domestically and internationally. For more information, visit http://www.bookit.com/ .

About Travelzoo

Travelzoo is a global Internet media company. Travelzoo's media properties, which reach more than 12 million travel enthusiasts in the U.S., Canada, China, France, Germany, Hong Kong, Japan, Taiwan and the U.K., include the Travelzoo(R) Web site (http://www.travelzoo.com/), the Top 20(R) e-mail newsletter, the Newsflash(TM) e-mail alert service and SuperSearch(TM), a travel search engine. Travelzoo publishes offers from more than 900 advertisers. Travelzoo's deal experts review each offer to find the best travel deals and confirm their true value. Travelzoo is headquartered in New York City.

BookIt.com

CONTACT: Britt Monroe of Tilson Communications, +1-561-998-1995,
bmonroe@tilsonpr.com, for BookIt.com

Web site: http://www.bookit.com/
http://www.travelzoo.com/
http://www.travelzoo.com/tzoos

Clarification Notice About Sales of MagicJack(TM)

LOS ANGELES, April 21 /PRNewswire-FirstCall/ -- VoIP-PAL (Pink Sheets: VPLM) recently announced support for Talk for the Cure(TM) and chose the Carol M. Baldwin Breast Cancer Research Fund Inc. as the first recipient. The second choice is Juvenile Diabetes Research; we are proud to give our customers the opportunity to choose one of the recipients and hope to raise a significant amount of money for both charities from the sale of MagicJacks as follows: Four dollars from each MagicJack(TM) sold only through VoIP-PAL.com's websites will be donated to one of these charities.

Clarification Notice:

Only MagicJack(TM) purchases through VoIP-PAL's websites http://www.voip-pal.com/ and http://www.pinkmagicjack.com/ are eligible for the charities donations and the Incentive programs.

VoIP-PAL's clients will also have the option to "donate" the 300 air miles/points they receive as an incentive for their purchase to the foundation.

"We are honored to add juvenile diabetes research to our growing list of recipients as a worthy cause and will announce the third soon," said Richard G. Kipping, Chairmen and CEO of VoIP-PAL.com, Inc.

About VoIP-PAL.com, Inc.

VoIP-PAL.com, Inc is a broadband VoIP telecom company offering local and long distance VoIP services to consumers and business owners. The company offers turnkey solutions for its Partners for the Loyalty Transactional platform. For more information, please contact Richard Kipping at (818 539 0079) or Richard@voip-pal.com or visit us at http://www.voip-pal.com/.

Contact: 818.539.0079

info@voip-pal.com

VoIP-PAL.com, Inc.

CONTACT: Richard Kipping of VoIP-PAL.com, Inc., +1-818-539-0079,
Richard@voip-pal.com

Web site: http://www.voip-pal.com/
http://www.pinkmagicjack.com/

Next Inning Technology Updates Outlooks for Texas Instruments, STMicroelectronics, Silicon Laboratories, and Power Integrations

PRINCETON, N.J., April 21 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com/), a subscription service focused on semiconductor and technology stocks, announced it has updated outlooks for Texas Instruments , STMicroelectronics , Silicon Laboratories , and Power Integrations .

In his State of Tech report, Editor Paul McWilliams covers roughly 70 companies that, in total, report annual revenues in excess of $700B. The quarterly Next Inning State of Tech has been praised by many professional investors as one of the best tools available for investors hoping to cash in during earnings season. New subscribers have the chance to leverage these detailed reports during a 21-day no-risk free trial membership:

https://www.nextinning.com/subscribe/index.php?refer=prn660

In his State of Tech Report, McWilliams wrote: "While analysts were anxious to predict that Texas Instruments had exhausted the benefits it would see from these convergences and that its operating profit margin peaked a couple years ago when it was just barely scratching 20%, I cut them no slack at all for missing the story and stated without hesitation that there was much more to come..."

McWilliams also looks at these topics: -- Is Texas Instruments threatened by competition in its core markets? Is the company well-positioned to take advantage of high-growth markets? Would McWilliams consider adding shares at current prices? -- Does STMicro's joint venture increase the risk of owning the stock? What other risks is STMicro facing and what factors offset these risks? -- Why might Silicon Labs be in the market to make an acquisition? -- Is Power Integrations well placed for profitable growth? Is the stock priced attractively?

Founded in September 2002, Next Inning's model portfolio has returned 232% since its inception versus 85% for the Nasdaq.

About Next Inning:

Next Inning is a subscription financial newsletter focused on technology stocks. Editor Paul McWilliams is a 20+-year industry veteran.

NOTE: This release was published by Indie Research Advisors, LLC, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

CONTACT: Marcie Martin Next Inning Technology Research, +1-888-278-5515

Indie Research Advisors, LLC

CONTACT: Marcie Martin of Next Inning Technology Research,
+1-888-278-5515

Web site: http://www.nextinning.com/
https://www.nextinning.com/subscribe/index.php?refer=prn660

Gameloft Announces Licensing Deal With Wrestling Superstar Hulk HoganHulkamania Fever High With Gameloft's 'Hulkamania Wrestling'

NEW YORK, April 21 /PRNewswire-FirstCall/ -- Gameloft(R), a leading publisher and developer of video games for mobile phones, is pleased to announce a licensing agreement with legendary wrestling icon, Hulk Hogan. The deal, negotiated through Hogan's marketing agent, Darren Prince of Prince Marketing Group, brings one of wrestling's most popular personalities to mobile gaming. Hulkamania Wrestling will give fans the chance to experience an amazing amount of legendary holds in wild wrestling beat downs, and the power of the people's champ, Hulk Hogan, right in the palm of their hands.

"We are excited to be expanding the Gameloft family of licenses into the wrestling genre and are delighted to do so with a man as renowned as the legendary Hulk Hogan," said Gonzague de Vallois, senior vice president of Publishing, Gameloft. "Wrestling fans are fanatical about having access to their favorite sport and our new Hulkamania Wrestling will let them enjoy it everywhere."

"Hulkamania is alive and well and I'm excited to give my fans a mobile game that is true to my experiences in wrestling," said Hulk Hogan. "I'm confident that Gameloft will inject their signature style to produce the ultimate wrestling game for all my fans to enjoy on the go."

Backed by the iconic power of Hulk Hogan himself and featuring a 3D isometric view that provides total immersion into the ring, Hulkamania Wrestling gives fans a realistic wrestling beat-down, complete with eccentric wrestlers, jabs and humorous dialogue. With an amazing number of no-holds-barred moves, players can take down their opponents with bone crushing efficiency through the use of such classics as the Strong Clothesline, Spinbuster, Pedigree, Doublehand Choke Lift and more.

Not only will players get the opportunity to play as wrestling legend, Hulk Hogan, but they'll be able to take on seven of wrestling's other crazy stars, all with different looks and wrestling styles. Just like in the actual ring, players will be able to use their environments -- hurl chairs or throw opponents on tables -- to completely dominate their opponents and claim the Hulkamania Wrestling Ring as their own!

Hulkamania Wrestling will make its way to the wrestling ring on your mobile phone in August 2008.

About Gameloft

Gameloft is a leading international publisher and developer of video games for mobile phones. Established in 1999, it has emerged as one of the top innovators in its field. The company creates games for mobile handsets equipped with Java, Brew or Symbian technology. The total number of games-enabled handsets is anticipated to exceed two billion units in 2008.

Partnership agreements with leading licensors and sports personalities such as Ubisoft Entertainment, Universal Pictures, ABC, Dreamworks Animations SKG, Endemol, 20th Century Fox, Viacom, Sony Pictures, Touchtone Television, Warner Bros., Fifa Pro, Lamborghini, Paris Hilton, Gus Hansen, Kobe Bryant, Derek Jeter, Reggie Bush, Lleyton Hewitt, Jonny Wilkinson or Robin Ho allow Gameloft to form strong relationships with international brands. In addition to the partnerships, Gameloft owns and operates titles such as Block Breaker Deluxe, Asphalt: Urban GT and New York Nights.

Through agreements with major telephone wireless carriers, handset manufacturers, specialized distributors and its online shop, Gameloft has a distribution network in over 80 plus countries.

Gameloft has worldwide offices in New York, San Francisco, Seattle, Montreal, Mexico, Buenos Aires, Paris, London, Cologne, Milan, Madrid, Lisbon, Copenhagen, Warsaw, New Delhi, Seoul, Beijing, Hong Kong, Tokyo and Sydney. Gameloft is listed on Euronext Paris (ISIN: FR0000079600, Bloomberg: GFT FP, Reuters: GLFT.PA)

For more information visit http://www.gameloft.com/

Gameloft

CONTACT: Media Contact: Sanette Chao, +1-(212)-994-2496,
sanette@gameloft.com. Darren Prince, Prince Marketing Group,
+1-(973)-325-0800, dprince@princemarketinggroup.com

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News archive of November 2009
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