Companies news

MCLEAN, Va., April 24 /PRNewswire-FirstCall/ -- MicroStrategy(R) Incorporated , a leading worldwide provider of business intelligence software, today announced that Burlington Coat Factory Warehouse Corporation has selected MicroStrategy for merchandising reporting and analytics. Burlington Coat Factory, a nationally recognized retailer of high-quality, branded apparel at every day low prices, currently operates 397 stores in 44 states.

Burlington Coat Factory plans to use MicroStrategy for reporting and analysis on key merchandising metrics. MicroStrategy will convert the detailed transactional data into personalized reports through dashboards and exception reporting for Burlington Coat Factory executives and merchants. MicroStrategy teamed with QuantiSense to provide Burlington Coat Factory with an end-to-end solution for their retail business intelligence requirements.

"Following a highly competitive evaluation of merchandising-related BI products, we felt that MicroStrategy and QuantiSense provided the solution that best fit our growing BI requirements," said Brad Friedman, Senior Vice President of Information Services, Burlington Coat Factory. "MicroStrategy is a robust BI product with proven retail experience. We were impressed with MicroStrategy's analytical toolset, which we expect to empower our users to create their own reports and dashboards and remove IT from the report request process."

"Burlington Coat Factory is a valued new customer and we are delighted that they selected MicroStrategy to support their BI applications," said Sanju Bansal, MicroStrategy's COO. "The MicroStrategy platform has the scalability and flexibility to analyze large volumes of transactional data and provide retailers with valuable information that can enhance store operations and give them a competitive edge."

About MicroStrategy

Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy is available at http://www.microstrategy.com/.

MicroStrategy and MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

Contact: Wende Cover MicroStrategy Incorporated 703-770-1646 wcover@microstrategy.com

MicroStrategy Incorporated

CONTACT: Wende Cover of MicroStrategy Incorporated, +1-703-770-1646,
wcover@microstrategy.com

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

Hughes Communications, Inc. to Release First Quarter 2008 Results and Host Webcast on May 7

GERMANTOWN, Md., April 24 /PRNewswire-FirstCall/ -- Hughes Communications, Inc. (Hughes) will release its financial results for the first quarter of 2008 and will host an Internet Webcast and conference call on Wednesday, May 7, 2008. The discussion will feature remarks by Pradman Kaul, president and CEO and Grant Barber, executive vice president and CFO. Access information for the Webcast and conference call is as follows:

Date: Wednesday, May 7, 2008 Time: 2:00 p.m. ET / 11:00 a.m. PT Webcast: http://www.hughes.com/, go to Investor Relations section for a link Dial-in #: 888-679-8018 International #: +1 617-213-4845 Participant Code: 84780221

Please access the Website approximately 10 minutes prior to the start time in order to download and install any necessary software.

An archived copy of the Webcast of Hughes Communications, Inc. first quarter 2008 earnings call will be available on the company's Website at http://www.hughes.com/, investor relations section.

Hughes Communications, Inc. is the 100 percent owner of Hughes Network Systems, LLC. Hughes is the global leader in providing broadband satellite networks and services for enterprises, governments, small businesses, and consumers. HughesNet(R) encompasses all broadband solutions and managed services from Hughes, bridging the best of satellite and terrestrial technologies. Its broadband satellite products are based on global standards approved by the TIA, ETSI, and ITU standards organizations including IPoS/DVB-S2, RSM-A and GMR-1. To date, Hughes has shipped more than 1.5 million systems to customers in over 100 countries.

Hughes Communications, Inc.

CONTACT: Shareholders and Analysts, Deepak Dutt, +1-301-428-7010,
ddutt@hns.com; or Media, Judy Blake, +1-301-428-7330, jblake@hns.com, both of
Hughes Communications, Inc.

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

Patrick Schambach Joins CSC as Vice President and General Manager of Enforcement, Security and Intelligence Division

FALLS CHURCH, Va., April 24 /PRNewswire/ -- Computer Sciences Corporation today announced that Patrick Schambach has joined the company as vice president and general manager of the Department of Homeland Security (DHS) business area for its North American Public Sector (NPS) Enforcement, Security and Intelligence (ESI) division.

In this role, Schambach will be responsible for managing all DHS-related business development and service delivery. In support of the department's mission to lead a unified national effort to secure America, Schambach will oversee CSC's efforts at DHS' headquarters and its agencies, including Customs and Border Protection and Citizenship and Immigration Services. He will report to Aaron Fuller, president of NPS' ESI division.

"Since its inception, the Department of Homeland Security has counted on CSC to provide mission-critical support," said Fuller. "With Pat's government expertise and past DHS experience, we look forward to strengthening this important relationship and continuing to provide innovative IT solutions that deliver sound operational results for the department."

Schambach joins CSC from Nortel Government Solutions where he spent four years as president of Civilian Sector e-Government and Infrastructure Solutions. Prior to that, he served the U.S. government for 32 years, most recently as the founding Associate Under Secretary for Information Technology and previously as Chief Information Officer (CIO) of the TSA. Prior to joining TSA, he was the Assistant Director of the Office of Science and Technology, as well as the CIO of the Bureau of Alcohol, Tobacco, Firearms and Explosives. His government career started in the U.S. Secret Service, where he worked for more than 24 years.

Schambach currently serves on the board of directors of the Armed Forces Communication and Electronics Association. He has been honored twice by Federal Computer Week as one of the top 100 executives from government, industry and academia deemed to have had the greatest impact on the government systems community. In addition, he received the prestigious Eagle Award, presented to the federal executive in the group to have had the single greatest impact on the federal IT community.

Schambach holds a bachelor's degree in finance from Fairfield University and a master's degree in business administration with a concentration in information systems management from George Washington University.

About CSC

Computer Sciences Corporation is a leading global IT services company. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.

With approximately 91,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. CSC reported revenue of $16.1 billion for the 12 months ended Dec. 28, 2007. For more information, visit the company's Web site at http://www.csc.com/.

Computer Sciences Corporation

CONTACT: Michelle Herd, Senior Manager, Communications, North American
Public Sector, +1-703-641-3235, mherd@csc.com, or Mike Dickerson, Director,
Media Relations, Corporate, +1-310-615-1647, mdickers@csc.com, or Bill Lackey,
Director, Investor Relations, Corporate, +1-310-615-1700, blackey3@csc.com,
all of Computer Sciences Corporation

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

Pack Your Whip and Fedora; Expedia Kicks Off the 'Summer of Adventure'Hundreds of Destinations on Sale Help Travelers Find the Right Adventure This Summer; Vacations Inspired by INDIANA JONES(TM) Will Excite Thrill Seekers

BELLEVUE, Wash., April 24 /PRNewswire/ -- Riding a wave toward the sands of Maui or riding a horse across the Jordanian desert towards the lost city of Petra; exploring the mysteries along Route 66 or exploring mysterious ancient Incan ruins; cracking into a lobster tail at four-star restaurant in Las Vegas or cracking a bullwhip and charging through the South American jungle -- however you define adventure, the Expedia(R) "Summer of Adventure" has a trip to match. Launching today, the Expedia "Summer of Adventure" features an international summer vacation sale featuring up to 30 percent off hotels, cars, cruises and activities in more than 220 destinations worldwide, 10 custom INDIANA JONES adventure tours -- available only on Expedia -- as well as a new online trip finder tool.

"We realize not everyone defines adventure like Indiana Jones, and many will find their summer adventure taking a road trip to a nearby beach with the family or exploring the sights and sounds in their own back yard," said Paul Brown, president of Expedia.com. "Whether it is a long weekend in the city or a month long trek through Europe, to help everyone plan their adventure we've combined a new trip finder tool and our largest summer sale ever to match people with a vacation that fits both their taste and their budget."

Afford Your Own Adventure

Playing a starring role in Summer of Adventure is Expedia's biggest sale of the year. More than 220 destinations in the U.S. and abroad are on sale -- with up to 30 percent off hotels, cruises, car rentals and activities -- and new deals will be added daily (http://www.expedia.com/summersale). Highlights include:

-- Orlando, Fla. -- from $39 per night, hotel only; $239 per person for airfare and four nights hotel -- Yosemite Park, Calif. -- from $104 per night, hotel only; $426 per person for airfare and four nights hotel -- Chicago -- from $74 per night, hotel only; $391 per person for airfare and four nights hotel -- Cancun, Mexico -- from $60 per night, hotel only; $459 per person for airfare and four nights hotel -- Buenos Aires, Argentina -- from $94 per night, hotel only; $1,139 per person for airfare and four nights hotel -- Paris -- from $94 per night, hotel only; $1,244 per person for airfare and four nights hotel INDIANA JONES Inspires Adventure

After years of living vicariously through INDIANA JONES on the big screen, travelers can now experience adventure first-hand. Available exclusively at http://www.expedia.com/indianajones, the tours are inspired by the four INDIANA JONES movies and get travelers closer to the cultures, people and breathtaking destination experiences featured in the on-screen adventures -- with the added comfort of avoiding the nail-biting suspense of Indy's infamous on-screen villains.

Examples of the INDIANA JONES trips include: -- Egypt: Quest of the Ancient Kings (10 days) -- Inspired by Indiana Jones and the Raiders of the Lost Ark (1981), travelers will ride camels; browse through the Cairo bazaars; spend three nights on a Nile River cruise; and visit such archeological sites as the Sphinx, the Valley of the Kings and the Great Three Pyramids in Giza -- a UNESCO World Heritage site. (Indiana Jones movie experiences not included: being locked in a snake-filled tomb and discovering the Ark of the Covenant.) -- India: Palaces, Temples & Wildlife (12 days) -- Themed to Indiana Jones and the Temple of Doom (1984), travelers will take guided walking tours of Old and New Delhi; float down the Ganges River on a Varanasi boat; ride elephants into the palace complex at the Jaigarh Fort; and experience the Taj Mahal -- a UNESCO World Heritage site and one of the Seven Wonders of the World. (Indiana Jones movie experiences not included: being captured by a secret cult and chased through an underground mine.) -- Jordan: Bedouins, Ruins & Desert Adventures (10 days) -- Recalling Indiana Jones and the Last Crusade (1989), travelers will be able to swim in the Dead Sea; sleep under the stars in a Bedouin desert camp; and explore Petra -- a UNESCO World Heritage site -- by horseback. (Indiana Jones movie experiences not included: escaping from an airborne Zeppelin and drinking from the Holy Grail.) Find Your Own Adventure

For travelers who love Indiana Jones, but may not want to travel like him, Expedia's Summer of Adventure trip finder tool (http://www.expedia.com/tripfinder) will help travelers discover adventure opportunities by their specific interests, at home and abroad. Those looking for vacation inspiration can browse a number of categories including "Dining Destinations," "Golf Getaways" or "Historical and Cultural Experiences." There they will find suggested vacation destinations, some which are typically associated with the theme and others that may come as a surprise and inspire visitors to try something new. All locations appear on an interactive map with vivid photos and extensive descriptions.

Win Your Own Adventure

Expedia is holding a Summer of Adventure Sweepstakes, offering an opportunity for visitors to win unique travel prizes and daily giveaways. The contest will award one grand prize of two INDIANA JONES travel experiences for two; weekly prizes will include a family movie adventure to Southern California complete with Disneyland(R) Resort Park Hopper(R) tickets, a VIP experience at Universal Studios Hollywood, tickets to see Indiana Jones and the Kingdom of the Crystal Skull(TM) and more. For more information about the sweepstakes and to try your luck, visit http://www.expedia.com/sweepstakes.

About Expedia

Expedia (R) is the world's leading online travel provider, helping millions of travelers per month easily plan and book travel. Expedia (http://www.expedia.com/) aims to provide personalized service, the latest technology and the widest selection of vacation packages, flights, hotels, rental cars, cruises and in-destination activities, attractions, and services. With the Expedia(R) Best Price Guarantee, Expedia promises to offer to its customers the best rates available online for all types of travel, making it the most comprehensive customer guarantee in online travel. Expedia is dedicated to positively impacting global tourism by providing travelers environmentally conscious travel options. Expedia is a founding member of the World Heritage Alliance -- a joint initiative with the United Nations Foundation to promote sustainable tourism. Expedia is an operating company of Expedia, Inc. .

Expedia and Expedia.com are either registered trademarks or trademarks of Expedia, Inc. in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners.

Expedia.com

CONTACT: Erin Krause of Expedia.com, +1-425-679-4317, press@expedia.com;
or Ian Jeffries of Edelman, +1-206-268-2291, ian.jeffries@edelman.com, for
Expedia.com

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

Solutia Inc. Deploys Oracle(R) Real Application Clusters on WindowsClustered Database Environment Improves Application Performance, Scalability and Availability

REDWOOD SHORES, Calif., April 24 /PRNewswire-FirstCall/ --

-- Oracle today announced that Solutia Inc., a global specialty chemicals company, has deployed clustered Oracle(R) Databases on Microsoft Windows to support its North American manufacturing sites. -- Solutia deployed its initial database cluster three years ago at its Greenwood, South Carolina manufacturing facility and extended its clustered environment in 2007 by completing the rollout of Oracle Database 10g, Oracle Real Application Clusters and Oracle Enterprise Manager 10g on a two-node cluster of Dell PowerEdge servers running Microsoft Windows Server 2003 at its Pensacola, Fla. site. -- Solutia's clustered environments enable better performance, scalability and availability of their business critical manufacturing applications and processes. -- To centrally manage and monitor the two clusters remotely, Solutia's team of database administrators (DBAs) relies on Oracle Enterprise Manager 10g and the Database Diagnostic and Tuning Packs to proactively monitor and troubleshoot system performance. -- In addition, the company turned to Oracle Data Provider for .NET (ODP.NET), a free add-in that integrates Oracle Database with Microsoft Visual Studio, to develop .NET applications that enable Solutia's developers to exploit the unique performance, reliability, scalability and security capabilities of Oracle Database. Supporting Quotes

"We have been very impressed with the application performance and reliability we've achieved after switching to a clustered environment," said Sachin Kothari, Manager of Corporate Applications and Systems Integration, Solutia Inc. "Oracle Enterprise Manager has been especially beneficial in keeping the system operational and we have not experienced any unplanned downtime since rolling out Oracle Database 10g and Oracle Real Application Clusters. In addition, we now have an infrastructure in place that can easily scale out to support future business growth."

Supporting Resources Related Resources About Oracle Database: http://www.oracle.com/database About Oracle Real Application Clusters: http://www.oracle.com/database/rac_home.html About Oracle Data Provider for .NET: http://www.oracle.com/technology/tech/windows/odpnet/index.html About Oracle Enterprise Manager: http://www.oracle.com/enterprise_manager/index.html To download free, evaluation versions of Oracle software, go to: http://www.oracle.com/technology/software/index.html Terms, conditions and restrictions apply. About Solutia Inc.

Solutia is a market-leading performance materials and specialty chemicals company. The company focuses on providing solutions for a better life through a range of products, including: Saflex(R) interlayer for laminated glass; CPFilms(R) aftermarket window films sold under the LLumar(R) brand and others; high-performance nylon polymers and fibers sold under brands such as Vydyne(R) and Wear-Dated(R); and technical specialties including the Flexsys(R) family of chemicals for the rubber industry, Skydrol(R) aviation hydraulic fluid and Therminol(R) heat transfer fluid. Solutia's businesses are world leaders in each of their market segments. With its headquarters in St. Louis, Missouri, USA, the company operates globally with approximately 6,000 employees in more than 60 locations. More information is available at http://www.solutia.com/.

About Oracle

Oracle is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com/.

Trademarks

Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO)

Photo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Oracle

CONTACT: Eloy Ontiveros of Oracle, +1-650-607-6458,
eloy.ontiveros@oracle.com; or Kristin Reeves of Blanc & Otus, +1-415-856-5145,
kreeves@bando.com, for Oracle

Web site: http://www.oracle.com/
http://www.solutia.com/

EDS Reports First Quarter 2008 Results- First quarter EPS of 12 cents, revenues of $5.37 billion ... exceeded guidance- First quarter signings of $5.6 billion, up 66% versus a year ago- 12 megadeals ... most in any quarter since 2002

PLANO, Texas, April 24 /PRNewswire-FirstCall/ -- EDS today reported first quarter 2008 adjusted net income of $63 million, or 12 cents per share, versus first quarter 2007 adjusted net income of $165 million, or 31 cents per share. First quarter 2008 net income, in accordance with U.S. GAAP, was $62 million, or 12 cents per share, versus $164 million, or 31 cents per share, in the prior year's first quarter (a statement reconciling GAAP and adjusted results is included in this release).

Results for the first quarter of 2007 reflect $100 million of a previously disclosed $225 million contract termination payment from Verizon in that quarter, impacting the year-over-year comparisons.

First quarter 2008 revenue increased 3 percent to $5.37 billion from $5.22 billion in the year-ago quarter(1). First quarter 2008 revenue decreased 2 percent on an organic basis, which excludes the impact of currency fluctuations, acquisitions and divestitures, and would have been flat year- over-year excluding the impact of the Verizon payment.

"EDS' first quarter contract signings performance was exceptional, particularly in light of uncertain global economic conditions," said Ron Rittenmeyer, EDS chairman, president and CEO. "EDS also got off to a strong start operationally with both earnings per share and revenue exceeding our previous guidance."

EDS signed $5.6 billion in contracts in the first quarter of 2008, up 66 percent from $3.4 billion in the year-ago quarter. EDS' twelve $100 million- plus contract signings were the most it has signed in any quarter since 2002.

First quarter 2008 signings included billion-dollar new contract wins with Royal Dutch Shell and the Infocomm Development Authority of Singapore -- and significant contract renewals with SR Technics, U.S. Defense Manpower Data Center and Blue Cross Blue Shield of Arizona.

On the Royal Dutch Shell account, EDS will not only manage end-user computing services, but also act as the "operational integrator" toward Shell's other key partners. With multisourcing becoming more commonplace, EDS' capabilities as an integrator are becoming a significant market differentiator.

EDS also continued to grow its applications services business in the first quarter of 2008. Signings increased 19 percent versus a year ago to nearly $1.4 billion and represented 25 percent of total contract value (TCV).

The company continued to invest in its capabilities in the first quarter. EDS acquired the assets of UK-based Nexagent, strengthening the company's networking services capabilities and EDS' Global Services Network. Additionally, on April 3, the company expanded its presence in the information security services market by acquiring Vistorm Holdings Limited, creating one of the largest information assurance and managed security services organizations in Europe. Finally, the company strengthened its long-term alliance with Microsoft, becoming its enterprise partner to deliver Microsoft Dynamics CRM consulting and solutions.

Free cash flow was an outflow of $126 million in the first quarter of 2008, down $118 million from the year-ago period. Free cash flow in the first quarter of 2007 included a previously disclosed $225 million Verizon contract termination payment (see discussion of free cash flow under "Non-GAAP Financial Measures" below). EDS' free cash flow is typically lowest in the first quarter, due primarily to seasonal payments.

First Quarter Results by Segment -- Americas: First quarter revenue was $2.45 billion, down 9 percent compared to the prior-year period. Operating profit was $267 million, down from $404 million in the prior-year period. Both revenue and operating profit comparisons were primarily impacted by the previously disclosed Verizon contract termination payment received in the year- ago quarter. -- EMEA: First quarter revenue was $1.73 billion, up 6 percent compared to the prior-year period as a result of new contract signings. Operating profit was $182 million, down from $196 million in the prior-year period, impacted by price adjustments and investments. -- Asia Pacific: First quarter revenue was $522 million, up 9 percent compared to the prior-year period, due primarily to growth from MphasiS. Operating profit was $53 million, up 14 percent from $47 million in the prior-year period, driven primarily by improved contract performance. -- U.S. Government: First quarter revenue was $654 million, up 5 percent compared to the prior-year period, driven primarily by the Saber Government Solutions acquisition. Operating profit was $101 million, down from $126 million in the prior-year period, due primarily to previously disclosed price adjustments.

All segment comparisons are at constant currency(2), exclude corporate expenses and include intersegment transactions.

"We continued to take steps in the quarter to build a foundation for long- term sustainable improvement in our operating margin and free cash flow," Rittenmeyer said. "To this end, we continue to drive productivity while enhancing our ability to deliver technology services and solutions that help drive our clients' business success."

In the quarter, the company further globalized its ITO organization and realigned its applications services into global competency centers. In addition, EDS expanded its Best Shore(R) capabilities with the opening of centers in Argentina and Canada. The company now has approximately 43,000 employees in low-cost, high-quality locations.

Updated 2008 Guidance For the full year 2008, EDS is updating its guidance as follows: -- Revenue of $22.5 billion to $23 billion. -- Adjusted EPS of $1.35 to $1.39. Previous guidance for both free cash flow and TCV remain unchanged. For the second quarter of 2008, EDS currently expects: -- Revenue of $5.6 billion to $5.8 billion. -- Adjusted EPS of $0.24 to $0.27. Conference Call

EDS' earnings conference call will be broadcast live on the Internet today at 8:00 a.m. Central time (9:00 a.m. Eastern). To access the call and view related financial information, go to http://www.eds.com/call. The call and financial information will be archived for 30 days at http://www.eds.com/call.

(1) Excludes discontinued operations for all periods presented. (2) 2007 segment results have been restated to reflect updated foreign exchange rates. About EDS

EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 45 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at eds.com.

The statements in this news release that are not historical statements, including statements regarding financial guidance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond EDS' control, which could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see EDS' most recent Form 10-K. EDS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Non-GAAP Financial Measures

In addition to GAAP results, EDS discloses the non-GAAP measures of adjusted operating margin, net income, earnings per share (EPS), and free cash flow.

Adjusted operating margin, net income and EPS exclude the impact of certain amounts, specifically asset write-offs and other uncapitalized costs associated with acquisitions, earnings/losses from discontinued operations net of taxes, gains and losses from divestitures, reversals of previously recognized restructuring expense, charges to earnings attributable to early retirement offers, and other identified items that management believes are not reflective of EDS' core operating business. Such amounts may have a material impact on EDS' operating margin, net income and EPS. Refer to the Reconciliation of GAAP Results to Adjusted Results below for a reconciliation of GAAP earnings to adjusted earnings for the three months ended March 31, 2008 and 2007.

EDS defines free cash flow as net cash provided by operating activities, less capital expenditures. Capital expenditures is the sum of (i) net cash used in investing activities, excluding proceeds from sales of marketable securities, proceeds related to divested assets and non-marketable equity investments, payments for acquisitions, net of cash acquired, and non- marketable equity investments, and payments for purchases of marketable securities, and (ii) payments on capital leases. Free cash flow excludes items that are actual expenses that impact cash available to EDS for other uses and should not be considered a measure of liquidity or an alternative to the cash flow measurements required by GAAP, such as net cash provided by operating activities or net increase/decrease in cash and cash equivalents. Refer to the Reconciliation of Free Cash Flow to Net Change in Cash and Cash Equivalents below for a reconciliation of free cash flow to the net change in cash and cash equivalents for the three months ended March 31, 2008 and 2007.

EDS may not define adjusted operating margin, net income, EPS or free cash flow in the same manner as other companies and, accordingly, the amounts reported by EDS for such measures may not be comparable to similarly titled measures reported by other companies.

Non-GAAP measures are a supplement to, and not a replacement for, GAAP financial measures. To gain a complete picture of EDS' performance, management does (and investors should) rely on EDS' GAAP financial statements.

ELECTRONIC DATA SYSTEMS CORPORATION AND SUBSIDIARIES SUMMARY OF RESULTS OF OPERATIONS (in millions, except per share amounts) Three Months Ended March 31, 2008 2007 Revenues(1) $5,365 $5,224 Costs and expenses Cost of revenues 4,810 4,523 Selling, general and administrative 458 436 Other operating (income) expense - - Total costs and expenses, net 5,268 4,959 Operating income 97 265 Interest expense (41) (57) Interest income and other, net 47 50 Other income (expense), net 6 (7) Income from continuing operations before income taxes 103 258 Provision for income taxes(2) 40 93 Income from continuing operations 63 165 Loss from discontinued operations, net of income taxes (1) (1) Net income $62 $164 Basic earnings per share of common stock Income from continuing operations $0.12 $0.32 Loss from discontinued operations - - Net income $0.12 $0.32 Diluted earnings per share of common stock Income from continuing operations $0.12 $0.31 Loss from discontinued operations - - Net income $0.12 $0.31 Weighted-average shares outstanding Basic earnings per share 506 514 Diluted earnings per share 513 545 Cash dividends per share $0.05 $0.05

Refer to the following page for accompanying notes to the summary of results of operations.

ELECTRONIC DATA SYSTEMS CORPORATION AND SUBSIDIARIES NOTES TO THE SUMMARY OF RESULTS OF OPERATIONS (1) Revenues for the three months ended March 31, 2007 includes approximately $100 million of a $225 million payment received from Verizon in the first quarter of 2007 related to the termination of the Company's IT services contract with Verizon. (2) The Company's effective income tax rates on income from continuing operations were 39% and 36% for the three months ended March 31, 2008 and 2007, respectively. The effective tax rate in the first quarter of 2008 was impacted by the expiration of the U.S. research and development credit which had a negative impact on earnings of approximately $0.01 per share. ELECTRONIC DATA SYSTEMS CORPORATION AND SUBSIDIARIES RECONCILIATION OF GAAP EARNINGS TO ADJUSTED EARNINGS (in millions) Three Months Ended March 31, 2008 2007 Net income $62 $164 Loss from discontinued operations 1 1 Adjusted net income $63 $165 Diluted earnings per share of common stock Net income $0.12 $0.31 Loss from discontinued operations - - Adjusted net income $0.12 $0.31 ELECTRONIC DATA SYSTEMS CORPORATION AND SUBSIDIARIES SUMMARY OF CONSOLIDATED BALANCE SHEETS (in millions) March 31, December 31, 2008 2007 ASSETS Current Assets Cash and cash equivalents $2,800 $3,139 Marketable securities 13 55 Accounts receivable, net 3,796 3,603 Prepaids and other 959 958 Deferred income taxes 677 690 Total current assets 8,245 8,445 Property and equipment, net 2,420 2,489 Deferred contract costs, net 1,085 984 Investments and other assets 954 1,099 Goodwill 5,141 5,092 Other intangible assets, net 902 929 Deferred income taxes 190 186 Total assets $18,937 $19,224 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Accounts payable $628 $605 Accrued liabilities 2,490 2,616 Deferred revenue 1,442 1,473 Income taxes 48 54 Current portion of long-term debt 160 168 Total current liabilities 4,768 4,916 Pension benefit liability 1,023 989 Long-term debt, less current portion 3,119 3,209 Minority interests and other long-term liabilities 409 419 Shareholders' equity 9,618 9,691 Total liabilities and shareholders' equity $18,937 $19,224 ELECTRONIC DATA SYSTEMS CORPORATION AND SUBSIDIARIES SUMMARY OF CONSOLIDATED CASH FLOWS (in millions) Three Months Ended March 31, 2008 2007 Net cash provided by operating activities(1) $251 $242 Cash Flows from Investing Activities Proceeds from sales of marketable securities 43 - Proceeds from investments and other assets 30 43 Net proceeds from divested assets and non-marketable equity securities 9 53 Payments for purchases of property and equipment (229) (158) Payments for investments and other assets - - Payments for acquisitions, net of cash acquired, and non-marketable equity securities (6) (1) Payments for purchases of software and other intangibles (131) (106) Payments for purchases of marketable securities - (1) Other 2 3 Net cash used in investing activities (282) (167) Cash Flows from Financing Activities Proceeds from long-term debt - 3 Payments on long-term debt (1) (10) Capital lease payments (49) (32) Purchase of treasury stock (213) (285) Employee stock transactions (18) 77 Dividends paid (25) (26) Other 2 5 Net cash used in financing activities (304) (268) Effect of exchange rate changes on cash and cash equivalents (4) 1 Net decrease in cash and cash equivalents (339) (192) Cash and cash equivalents at beginning of period 3,139 2,972 Cash and cash equivalents at end of period $2,800 $2,780 (1) Depreciation and amortization and deferred cost charges were $383 million and $330 million for the three months ended March 31, 2008 and 2007, respectively. ELECTRONIC DATA SYSTEMS CORPORATION AND SUBSIDIARIES RECONCILIATION OF FREE CASH FLOW TO NET CHANGE IN CASH AND CASH EQUIVALENTS (in millions) Three Months Ended March 31, 2008 2007 Net cash provided by operating activities $251 $242 Capital expenditures: Proceeds from investments and other assets 30 43 Payments for purchases of property and equipment (229) (158) Payments for investments and other assets - - Payments for purchases of software and other intangibles (131) (106) Other investing activities 2 3 Capital lease payments (49) (32) Total net capital expenditures (377) (250) Free cash flow (126) (8) Other investing and financing activities: Proceeds from sales of marketable securities 43 - Net proceeds from divested assets and non-marketable equity securities 9 53 Payments for acquisitions, net of cash acquired, and non-marketable equity securities (6) (1) Payments for purchases of marketable securities - (1) Proceeds from long-term debt - 3 Payments on long-term debt (1) (10) Purchase of treasury stock (213) (285) Employee stock transactions (18) 77 Dividends paid (25) (26) Other financing activities 2 5 Effect of exchange rate changes on cash and cash equivalents (4) 1 Net decrease in cash and cash equivalents $(339) $(192) EDS CONTACTS: Travis Jacobsen - Media Relations Roxane Barry - Investor Relations 972.797.8751 972.605.6420 travis.jacobsen@eds.com roxane.barry@eds.com

Electronic Data Systems Corporation

CONTACT: Travis Jacobsen - Media Relations, +1-972-797-8751,
travis.jacobsen@eds.com, or Roxane Barry - Investor Relations,
+1-972-605-6420, roxane.barry@eds.com, both of Electronic Data Systems
Corporation

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

V2K Installs Kiosks in National Big Box Retailer

LAKEWOOD, Colo., April 24 /PRNewswire-FirstCall/ -- V2K International, Inc. (BULLETIN BOARD: VTOK) announced today that its wholly owned subsidiary, V2K Window Fashions, launched its kiosk marketing program with a major big box retailer with recent installations at sites in Tampa, Florida and Denver, Colorado. This is a landmark event for V2K as they debut the commercialization of their kiosk concept. The roll out with this particular retailer is expected to continue during the spring and summer, with an additional 25 kiosks to be installed at various locations throughout the United States. The retailer has approximately 580 locations.

The unmanned kiosks will have live product custom window fashion samples and a consumer video presentation. The leads generated by the kiosks will be distributed to one of the roughly 180 V2K Window Decor and More franchises who will provide the infrastructure for order fulfillment. To view the kiosk, please visit http://www.v2kinternational.com/V2Kkiosks.asp

"Our kiosk marketing program has tremendous potential with retailers. We've identified over 16,000 retail locations that we believe are viable prospects of our kiosks, and we've conservatively estimated that each kiosk will generate approximately $6,000 per month in retail sales by our franchises," said Vic Yosha, President & CEO of V2K. "One of the most compelling factors in the success of the program is that it operates in a $10 billion industry, in which the largest competitor only possesses a 3% market share. This is a tremendous opportunity to generate sales while at the same time creating brand recognition."

Unmanned kiosks are a marketing concept recently revitalized due to technology advancements that create natural, intuitive steps for the consumer to interact with the kiosk while marketing consumer products. They are extremely effective and economical, utilizing a small area in a retail facility to serve customers and produce sales. Future versions of V2K's kiosks will include a version of V2K's 3D Decor Creator software, allowing customers to input the dimensions of their room, adjust the color and texture of walls, ceilings and floors, create and scale windows, and then select samples from a library of hundreds of window treatment designs and fabric options. Their choices will then be imported into the virtual room for viewing of the window treatment in a three-dimensional environment, 100% to scale, allowing customers to see how it will look in their home prior to the purchase.

About V2K International, Inc.

Through its wholly owned subsidiary, V2K Technology, V2K develops and licenses proprietary software that is designed to be used in the commercial and home decor markets. Almost anything can be done to the interior of a room utilizing its software. In a three dimensional view, where everything is 100% to scale, the user can add, adjust, color and texture walls, windows, doors, ceilings and floors, and then drag and drop items from a library of products into the scene. V2K Technology licenses a version of the software for custom window treatments to another wholly-owned subsidiary, V2K Window Fashions, which operates the franchise system, V2K Window Decor & More. Using the technology as the centerpiece of a franchise offering, V2K Window Fashions sells and supports franchises in the window fashion industry. V2K currently has approximately 180 franchisees operating in the United States, Canada and Aruba.

Forward Looking Statement Notice: This press release includes "forward-looking statements" as defined by the Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company and may not materialize. Investors are cautioned that any such statements are not guarantees of future performance. The contents of this release should be considered in conjunction with the warnings, risk factors and cautionary statements contained in the company's recent filings with the SEC, including its Quarterly Report on Form 10-QSB. Furthermore, the company does not intend (and is not obligated) to update publicly any forward-looking statements, except as required by law.

V2K International, Inc.

CONTACT: Randy Sasaki, President of Trout Trading Company,
+1-303-671-0270, rsasaki@consultant.com, for V2K International, Inc.

Harbin Electric Experiences Robust Growth for Its Permanent Magnetic Linear Servo Motor

HARBIN, China, April 24 /Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc., ("Harbin Electric" or the "Company", Nasdaq: HRBN), a market leader in customized linear motors, motor/controller automation systems, automobile specialty micro-motors, and other special motors, today announced that its permanent magnetic linear servo motor developed jointly with the Linear Motor Research Institute of Zhejiang University for the food industry is experiencing robust volume growth.

The motor was developed for use in food/meat slicers for U.S. based Illinois Tool Works Inc. (ITW), a Fortune 500 company. ITW is a diversified and value-added manufacturer of highly engineered components and industrial systems and consumables for customers around the world.

Harbin Electric began product development with ITW in 2006 and delivered products in small quantities throughout 2007, leading to a recent order of 6000 units. This order which amounts to more than 10 times the 2007 sales volume for this product is expected to generate approximately $1.5 million in revenues. The Company expects to start shipments to ITW in May and complete the order within three months.

"We are extremely pleased with this order from ITW," Harbin Electric's Chairman and Chief Executive Officer Tianfu Yang commented. "It further validates our R&D vision, strategy and investments as well as our ability to develop and manufacture world-class products for highly demanding global customers."

Mr. Yang added: "In another demonstration that we are winning customers with our strong product development capability and high quality products, we are enjoying a similar experience with our patented Tower Type Oil Pump. After completing product development in 2007 we delivered 13 units to our first customer during that year and we now expect to deliver a minimum of 200 units in 2008."

Looking forward, Mr. Yang concluded: "We have several new products under development for other global and domestic customers, including automobile specialty micro-motors and the linear motor system for urban mass- transportation train system. We expect to bring these new products to production in the coming months and years. I am confident that we will be wining more global and domestic customers with these innovative new products."

This cylindrical permanent magnetic linear servo motor for meat slicers is the first linear servo motor developed by Harbin Electric. The product utilizes synchronous motors with intelligent dynamic coil design and rare- earth permanent magnetic materials. This technology allows the motor to move back and forth with higher precision and lower thrust variation. Compared to other motor systems used in meat slicers, this permanent magnetic linear servo motor is simpler, smaller, lighter, faster, more efficient, and delivers higher precision and reduced maintenance cost. The linear servo motor can also be applied to many other products such as medical devices, high precision instruments, digital control machines, office equipment such as printers and copiers, and other equipment that requires high precision and low thrust variation. Harbin Tech Full Electric Co., Ltd., a wholly owned subsidiary of Harbin Electric, and Professor Yunyue Ye, the head of the Research Institute of Linear Motors of Zhejiang University and an independent board member of the Company, jointly own the patent for this technology awarded by the State Intellectual Property Office of China.

About Harbin Electric, Inc.:

Harbin Electric, headquartered in Harbin, China, is a market leader in linear motors, motor/controller automation systems, automobile specialty micro-motors, and other specialty motors. It is the first and currently, to our knowledge, the only Chinese company to provide product development and integrated production tailored to customer applications in this industry. The Company takes pride in its environmental and social policies, providing customers with energy efficient products and employees with a family-friendly working environment, based on competitive compensation and humane work schedules.

Harbin Electric emphasizes technology, innovation and creativity in its award-winning research and development (R&D) efforts. It recruits professional engineering and operating talent worldwide and through collaboration with top scientific institutions. Its ISO certified manufacturing facility is equipped with state-of-the-art production lines and quality control systems to ensure product quality.

China's rapidly expanding economy together with its government policy supporting the industry provides a sizeable market opportunity for Harbin Electric. To learn more about Harbin Electric, visit http://www.harbinelectric.com/ .

Safe Harbor Statement

The actual results of Harbin Electric, Inc. could differ materially from those described in this press release. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release may be found in the Company's periodic filings with the U.S. Securities and Exchange Commission, including the factors described in the section entitled "Risk Factors" in its annual report on Form 10-KSB for the year ended December 31, 2007. The Company does not undertake any obligation to update forward-looking statements contained in the press release. This press release contains forward-looking information about the Company that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward- looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and the Company's future performance, operations and products.

For investor and media inquiries, please contact: In China Harbin Electric, Inc. Tel: +86-451-8611-6757 Email: MainlandIR@Tech-full.com In the U.S. Christy Shue Executive VP, Finance & Investor Relations Harbin Electric, Inc. Tel: +1-631-312-8612 Email: cshue@HarbinElectric.com

Harbin Electric Inc.

CONTACT: In China - Harbin Electric, Inc., +86-451-8611-6757 or
MainlandIR@Tech-full.com; In the U.S. - Christy Shue, Executive VP of Finance
& Investor Relations, Harbin Electric, Inc., +1-631-312-8612; or
cshue@HarbinElectric.com

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

Suntech to Announce First Quarter 2008 Financial Results on May 22, 2008

SAN FRANCISCO, April 24 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. , one of the world's leading manufacturers of photovoltaic (PV) cells and modules, will announce its financial results for the first quarter ended March 31, 2008, before the U.S. market opens on Thursday, May 22, 2008. Suntech management will host a conference call that day at 8:00a.m. Eastern Time (which corresponds to May 22, 2008 at 8:00p.m. Beijing/Hong Kong time) to discuss the company's results.

To access the conference call, please dial +1-617-786-4501 (for U.S. callers) or +852-3002-1672 (for international callers) and ask to be connected to the Suntech earnings conference call. A live and archived webcast of the conference call will be available on Suntech's website at http://www.suntech-power.com/ under Investor Center: Financial Events.

A telephonic replay of the conference call will be available until June 5, 2008 by dialing +1-617-801-6888 (passcode: 53270665).

About Suntech

Suntech Power Holdings Co., Ltd. is a world leading solar energy company as measured by both production output and capacity of solar cells and modules. Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers one of the broadest ranges of building integrated photovoltaic (BIPV) products under the MSK product line. Suntech has sales offices worldwide and is a market share leader in key global solar markets. For more information, please visit http://www.suntech-power.com/ .

For more information, please contact: In China: Rory Macpherson Investor Relations Manager Suntech Power Holdings Co., Ltd. Tel: +86-510-8531-8922 Email: rory@suntech-power.com In the United States: Sanjay M. Hurry Vice President The Piacente Group, Inc. Tel: +1-212-481-2050 Email: suntech@tpg-ir.com

Suntech Power Holdings Co., Ltd.

CONTACT: In China - Rory Macpherson, Investor Relations Manager of
Suntech Power Holdings Co., Ltd., +86-510-8531-8922, or rory@suntech-power.com;
In the United States - Sanjay M. Hurry, Vice President of The Piacente Group,
Inc., +1-212-481-2050, or suntech@tpg-ir.com, for Suntech Power Holdings

Web Site: http://www.suntech-power.com/

Industry Leader Jerry Silva to Fill Strategic Role for S1 Enterprise

NORCROSS, Ga., April 24 /PRNewswire-FirstCall/ -- S1 Enterprise, a division of S1 Corporation and a leading global provider of customer interaction software solutions, today announced that Jerry Silva has joined the company as Vice President, Product Strategy, Retail Online. In this position, Silva will have responsibility for product management and strategy for the S1 Enterprise Retail Online business.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080424/CLTH018 )

Jerry Silva's experience and insight comes from 25 years in several technology and business roles for some of the largest banks in the U.S., and from his position as a sought-after analyst covering retail banking and customer experience. Silva spent 16 years with BayBank and BankBoston, ultimately as Director of Network and Systems planning, a role that included architectural responsibility for their leading-edge online banking products. Most recently, his work as Research Director for TowerGroup's Delivery Channel practice influenced delivery strategies at his client banks globally and was shared through conference presentations, webinars, and through such publications as the Wall Street Journal, the New York Times, and the Economist.

"After covering the technology industry in banking for so many years, I could see the unique position that S1 Enterprise finds itself in today," said Silva. "The unparalleled breadth and depth of S1 Enterprise's technology and product offerings, and its singular focus on front office solutions, made it a significant opportunity for me. I am eager to contribute to the future product and strategic direction of the S1 Enterprise Retail Online business."

"Bringing Jerry Silva on board represents our continued commitment to understanding the issues facing our financial institution clients today and helping them navigate the waters going forward," said Neil Underwood, General Manager, S1 Enterprise Americas - Retail Online. "His experience will help S1 Enterprise deliver more value and innovation to our customers. We are as excited as he is to work together."

About S1 Enterprise

More than 100 banks and three million consumer, small business, and corporate users worldwide rely on S1 Enterprise solutions to access and manage their financial information. A division of S1 Corporation , S1 Enterprise is a leading provider of integrated banking solutions that deliver financial service providers a holistic view of their customers whether online, in the branch or in the call center. Additional information about S1 Enterprise is available at http://www.s1enterprise.com/ .

About S1 Corporation

S1 Corporation delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers, and processors under three brand names: Postilion, S1 Enterprise and FSB Solutions. Additional information about S1 solutions is available at http://www.s1.com/, http://www.postilion.com/ , http://www.s1enterprise.com/ , and http://www.fsb-solutions.com/ .

Forward-Looking Statements

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on our web site at http://www.s1.com/ or the SEC's web site at http://www.sec.gov/) provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080424/CLTH018
PRN Photo Desk, photodesk@prnewswire.com S1 Corporation

CONTACT: Jenni Palocsik, Sr. Product Marketing Manager of S1 Enterprise,
+1-404-923-6113 or +1-678-492-3141, jenni.palocsik@s1.com; or Jennifer Koon of
Michael Mackenzie Communications, +1-770-645-7990,
jenniferk@michaelmackenzie.com, for S1 Enterprise

Web site: http://www.s1.com/
http://www.postilion.com/
http://www.s1enterprise.com/
http://www.fsb-solutions.com/

AT&T Opens New Wireless Store in West ChesterNew Store Offers Hands-On, Interactive Retail Experience for Customers

WEST CHESTER, Pa., April 24 /PRNewswire-FirstCall/ -- AT&T Inc. today announced the opening of a new retail wireless store in West Chester to address the growing customer demand for innovative wireless products and services. The store has a hands-on, state-of-the-art layout designed to engage customers and provide a fun and interactive service experience.

"The new store features several wireless retail concepts that showcase AT&T's wide portfolio of advanced voice and data products in a way that redefines a customer's wireless sales experience," said Dan Lafond, vice president and general manager for AT&T's wireless unit in the Philadelphia region.

Two interactive touch-screen information stations will make it easy for customers to view rate plans and coverage maps or shop for devices, accessories and ringtones. Two interactive customer experience stations are equipped with laptops and wireless devices and provide consumers with a way to test applications, including e-mail, messaging and video. Customers can learn how to wirelessly print photographs taken on their mobile phones, and they can play with AT&T's wide variety of music services.

Located in the West Goshen Town Center at 1115 West Chester Pike, the store offers the most sought-after wireless products and services, including the Apple iPhone, a full array of music- and video-capable phones and data devices equipped with e-mail clients and must-have applications such as Microsoft Corp.'s Windows Mobile 6.

Led by industry veteran Mai Storey, the store has a staff of eight professional retail sales consultants who are trained to assist customers -- both business and consumer -- with purchasing decisions, customer service and technical support. Hours of operation are 9 a.m. - 9 p.m., Monday - Friday; 9 a.m. - 8 p.m., Saturday; and 10 a.m. - 6 p.m., Sunday. The new location in West Chester brings the number of AT&T retail stores in Chester County to three.

Grand-opening celebrations April 26 include an appearance by former Phillies closer Mitch Williams from 2 to 4 p.m. Visitors will also get a chance to win a pair of Diamond Club baseball tickets and take advantage of special discounts.

AT&T now operates more than 90 retail stores across eastern Pennsylvania, southern New Jersey and Delaware. In addition, AT&T products and services are available in more than 100 authorized agent and national retail locations across the region.

About AT&T

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

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

Cautionary Language Concerning Forward-Looking Statements

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

AT&T Inc.

CONTACT: Ellen Webner of AT&T Inc., +1-973-637-9357, cell
+1-201-532-7292, ellen.webner@att.com

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

OfficeMax Joins EPA's ENERGY STAR Low Carbon IT CampaignCampaign Helps Companies Lower Carbon Footprint in 'Sleep Mode'

NAPERVILLE, Ill., April 24 /PRNewswire/ -- OfficeMax(R) Incorporated , a leader in office products and services, joined the U.S. Environmental Protection Agency's ENERGY STAR Low Carbon IT Campaign by enabling the power management, or sleep mode, on their computers and monitors. This simple step will help reduce the nation's growing demand for electricity, save organizations money and help fight global warming.

According to the U.S. Environmental Protection Agency, if all office computers and monitors in the U.S. were set to sleep when not being used, the country could save more than 44 billion kWh or $4 billion worth of electricity and avoid the greenhouse gas emissions equivalent to those of about 5 million cars each year.

"We are proud to be part of this inaugural effort to reduce the carbon footprint of our IT operations," said Randy Burdick, Executive Vice President and Chief Information Officer for OfficeMax. "OfficeMax is committed to fostering programs that help our company operate in a socially, environmentally and fiscally responsible manner."

OfficeMax joins the ranks of several leading businesses and organizations who recently signed as Charter Participants of the ENERGY STAR Low Carbon IT Campaign, including Advanced Micro Devices, Inc., Anheuser-Busch Companies, Inc., Association of Bay Area Governments Energy Watch, Commonwealth of Massachusetts, Dell, Inc., Fox Entertainment Group, Inc., HP, Microsoft, City of Portland (OR) Public Schools, City of San Jose (CA), and Snohomish (WA) County Public Utility District.

"EPA is pleased to recognize OfficeMax as a Charter Participant in the ENERGY STAR Low Carbon IT Campaign," said ENERGY STAR Program Manager Steve Ryan. "By taking this simple pledge, we can make a substantial difference in the fight against global warming. ENERGY STAR's power management tools offer a cost-effective way to save energy, money, and reduce greenhouse gas emissions."

Power management enables computers and monitors to go into a low-power sleep mode after a period of inactivity. Power management has the potential to save up to $50 per computer annually. Despite the significant savings, according to Lawrence Berkeley National Labs, only a scant five to ten percent of U.S. organizations have deployed these settings on computers.

To join the ENERGY STAR Low Carbon IT Campaign, organizations simply take an online pledge to activate power management features on their monitors and computers to save energy and reduce their carbon footprint. Organizations can increase energy savings further by purchasing ENERGY STAR qualified computers and monitors. In turn, EPA provides free assistance to help implement power management, an estimate of the organization's energy and carbon savings, and official recognition from the agency. Organizations can join the campaign by visiting http://www.energystar.gov/lowcarbonit.

About OfficeMax

OfficeMax Incorporated is a leader in both business-to-business office products solutions and retail office products. The OfficeMax mission is simple. We help our customers do their best work. The company provides office supplies and paper, in-store print and document services through OfficeMax ImPress(R), technology products and solutions, and furniture to consumers and to large, medium and small businesses. OfficeMax customers are served by approximately 36,000 associates through direct sales, catalogs, e-commerce and more than 900 stores. To find the nearest OfficeMax, call 1-877-OFFICEMAX. For more information, visit http://www.officemax.com/.

About ENERGY STAR

ENERGY STAR was introduced by the U.S. Environmental Protection Agency in 1992 as a voluntary market-based partnership to reduce greenhouse gas emissions through increased energy efficiency. Today, ENERGY STAR offers businesses and consumers energy-efficient solutions to save energy, money and help protect the environment for future generations. More than 12,000 organizations are ENERGY STAR partners committed to improving the energy efficiency of products, homes, buildings and businesses. For more information about ENERGY STAR, visit http://www.energystar.gov/ or call toll-free 1-888-STAR-YES (1-888-782-7937).

OfficeMax Media Contacts: OfficeMax Investor Contact: William Bonner Jennifer Rook John Jennings 630-864-6057 630-864-6057 630-864-6820

OfficeMax Incorporated

CONTACT: Media, William Bonner, or Jennifer Rook, +1-630-864-6057, or
investors, John Jennings, +1-630-864-6820, all of OfficeMax Incorporated

Web site: http://www.officemax.com/
http://www.energystar.gov/

RT Logic's T400TSS Waveform Signal Generator AvailableSupports Space and Range Telemetry Simulation Applications

COLORADO SPRINGS, Colo., April 24 /PRNewswire-FirstCall/ -- RT Logic, a wholly owned subsidiary of Integral Systems, Inc. , today announced the availability of its Waveform Signal Generator product, the Telemetrix(R) 400TSS (T400TSS). RT Logic's T400TSS is a modular, software- defined telemetry simulator and signal generator.

The T400TSS's flexible architecture supports many different missions, including testing telemetry subsystems within satellite ground stations, missile and satellite factories, and calibration laboratories, as well as command generation. The output frequency ranges include L- and S-Band RF, 70 MHz IF, and baseband telemetry and/or command data.

The T400TSS signal modulator supports virtually all popular commercial and Government telemetry (and command) signal waveforms including FM, PM, FSK, BPSK, QPSK, OQPSK (SQPSK), and SOQPSK (MIL-STD and TG). Frequency sweeping enables receiver testing against simulated dynamics. Variable output amplitudes enable testing of acquisition and lock thresholds, AGC (Automatic Gain Control) performance, and fading performance. A built-in BER (Bit Error Rate) tester with clock and data inputs, is included for standalone testing of telemetry receivers. RT Logic down converters and demodulation software/firmware are optionally available to support return link processing for loop-back or BER testing.

The T400TSS is the newest member of RT Logic's powerful line of link simulation test equipment. The T400TSS can be combined with the T400CS, T400MSP, and the T400SE to simulate and analyze virtually any space communication situation.

"The modular architecture of the system and the software-defined nature of its signal processing allow the T400TSS to support both legacy and new telemetry simulation applications with little or no new development," commented Matt Langenbahn, Project Manager in the RF and Communications Products group. "This provides our customers with an economical solution that avoids obsolescence with the advent of new waveforms in the future."

ABOUT RT LOGIC

RT Logic is a leading provider of products for ground-based applications, primarily for satellite and launch range operations. Known for exceptional innovation, performance, and support, RT Logic has delivered more than 2000 systems since its inception in 1997. RT Logic offers a complete line of Telemetrix(R) products used in systems for widely varied control center, ground antenna, and range applications. Since October 2002, RT Logic has operated as a wholly-owned subsidiary of Integral Systems, Inc.

ABOUT INTEGRAL SYSTEMS

Founded in 1982, Integral Systems is a leading provider of satellite ground systems and has supported more than 205 different satellite missions for communications, science, meteorological, and earth resource applications. Integral Systems was the first company to offer an integrated suite of COTS (Commercial Off-the-Shelf) software products for satellite command and control: the EPOCH IPS (Integrated Product Suite) product line. EPOCH IPS has become the world market leader in commercial applications with successful installations on five continents.

Through its wholly-owned subsidiary, SAT Corporation, Integral Systems provides satellite and terrestrial communications signal monitoring systems to satellite operators and users throughout the world. Through its Newpoint Technologies, Inc., subsidiary, Integral Systems also provides software for equipment monitoring and control to satellite operators, broadcasters, and telecommunications firms. Integral Systems' RT Logic subsidiary builds telemetry processing systems for military applications, including tracking stations, control centers, and range operations. Integral Systems' Lumistar, Inc., subsidiary provides system- and board-level telemetry acquisition products. Integral Systems has approximately 500 employees working at its headquarters in Lanham, MD, and at other locations in the U.S. and Europe. For more information, visit http://www.integ.com/.

Integral Systems, Inc.

CONTACT: Matt Langenbahn, Project Manager of RT Logic, +1-719-598-2801,
sales@rtlogic.com; or Media, Shany Seawright of Strategic Communications Group
for Integral Systems, Inc., +1-240-485-1081, sseawright@gotostrategic.com

Web site: http://www.integ.com/
http://www.rtlogic.com/

Wabtec Reports Record 1Q EPS of 66 Cents, Up 27%; Also Increases 2008 Guidance

WILMERDING, Pa., April 24 /PRNewswire-FirstCall/ -- Wabtec Corporation today reported its 2008 first quarter results, including the following highlights:

-- Earnings per diluted share were a record 66 cents, 27 percent above the year-ago quarter. -- First quarter sales increased 22 percent to a record $383 million, reflecting strong growth in the Transit Group and continued execution of the company's growth strategies. -- Income from operations increased 28 percent to $54 million, or 14.1 percent of sales, compared to 13.4 percent in the year-ago quarter, due to benefits from the Wabtec Performance System and operating leverage from higher sales. -- At March 31, 2008, the company's multi-year backlog was $1.1 billion, 11 percent higher than at Dec. 31, 2007, even with the record sales quarter. -- During the quarter, Wabtec repurchased 712,900 shares of company stock for $24 million.

Based on its first quarter results and outlook for the rest of the year, Wabtec increased its 2008 earnings guidance to about $2.55 per diluted share, with revenue now expected to grow at a high-single-digit rate, despite an expected decline in the production of new freight cars in the U.S. for the second year in a row. The company's previous guidance was for earnings per diluted share of about $2.50 on mid-single-digit sales growth.

Albert J. Neupaver, Wabtec's president and chief executive officer, said: "Our strong start in 2008, with impressive growth in transit and our freight businesses performing well at a high level, gives us the confidence to increase our guidance for the year. Although we believe it's prudent to remain cautious about the potential impact of an economic slowdown in the U.S. and abroad, we are optimistic about our future growth opportunities as we continue to pursue our strategic initiatives aggressively."

Wabtec Corporation (http://www.wabtec.com/) is a global provider of value-added, technology-based products and services for the rail industry.

This release contains forward-looking statements, such as statements regarding the company's expectations about future earnings. Actual results could differ materially from the results suggested in any forward-looking statement. Factors that could cause or contribute to these material differences include, but are not limited to, a slowdown in the North American economy; a decrease in freight or passenger rail traffic; an increase in manufacturing costs, especially raw materials; and other factors discussed in the company's filings with the Securities and Exchange Commission. The company assumes no obligation to update these forward-looking statements or advise of changes in the assumptions on which they are based.

The company will conduct a conference call with analysts and investors at 10 a.m., eastern time, today. To listen to the call via webcast, please go to http://www.wabtec.com/ and click on the "Webcasts" tab in the "Investor Relations" section.

WABTEC CORPORATION CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2008 AND 2007 (DOLLARS IN THOUSANDS EXCEPT PER SHARE DATA) (UNAUDITED) First First Quarter Quarter 2008 2007 Net sales $383,327 $314,264 Cost of sales (278,112) (227,698) Gross profit 105,215 86,566 Gross profit as a % of Net Sales 27.4% 27.5% Selling, general and administrative expenses (40,445) (34,945) Engineering expenses (9,981) (8,816) Amortization expense (903) (541) Total operating expenses (51,329) (44,302) SGA as a % of Net Sales 10.6% 11.1% Operating expenses as a % of Net Sales 13.4% 14.1% Income from operations 53,886 42,264 Income from operations as a % of Net Sales 14.1% 13.4% Interest expense, net (1,481) (783) Other expense, net (383) (809) Income from continuing operations before income taxes 52,022 40,672 Income tax expense (19,509) (15,118) Effective tax rate 37.5% 37.2% Income from continuing operations 32,513 25,554 Discontinued operations Loss from discontinued operations (net of tax) (3) (32) Net income $32,510 $25,522 Earnings Per Common Share Basic Income from continuing operations $0.67 $0.53 Loss from discontinued operations - - Net income $0.67 $0.53 Diluted Income from continuing operations $0.66 $0.52 Loss from discontinued operations - - Net income $0.66 $0.52 Weighted average shares outstanding Basic 48,379 48,302 Diluted 49,037 48,895 Sales by Segment Freight Group $191,766 $184,667 Transit Group 191,561 129,597 Total $383,327 $314,264

Wabtec Corporation

CONTACT: Tim Wesley of Wabtec Corporation, +1-412-825-1543,
twesley@wabtec.com

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

Company News On-Call: http://www.prnewswire.com/comp/102797.html

Plexus Q2 Earnings Release on April 23rd After Market Close and Conference Call on April 24th at 8:30 am E.T.

NEENAH, Wis., March 25 /PRNewswire-FirstCall/ -- Plexus Corp. , today announced it will release its fiscal 2008 second quarter results for the period ended March 29, 2008 on Wednesday, April 23rd after the stock market closes. Senior management will host a live webcast and conference call to review the results on Thursday, April 24th at 8:30 a.m. Eastern Time.

What: Plexus Corp.'s Fiscal Q2 Earnings Conference Call When: Thursday, April 24th at 8:30 a.m. Eastern Time Where: 888-693-3477 or 973-582-2710 with conference ID: 40909066 http://www.videonewswire.com/PLXS/042408/ (requires Windows Media Player) Replay: The call will be archived until April 31, 2008 at noon Eastern Time http://www.videonewswire.com/PLXS/042408/ or via telephone replay at 800-642-1687 or 706-645-9291 PIN: 40909066 Contact: Dianne Boydstun, 920-751-5583, dianne.boydstun@plexus.com ** Please contact Dianne to switch from fax to email distribution ** About Plexus Corp. - The Product Realization Company

Plexus (http://www.plexus.com/) is an award-winning participant in the Electronics Manufacturing Services (EMS) industry, providing product design, supply chain and materials management, manufacturing, test, fulfillment and aftermarket solutions to branded product companies in the Wireline/Networking, Wireless Infrastructure, Medical, Industrial/Commercial and Defense/Security/Aerospace market sectors.

The Company's unique Focused Factory manufacturing model and global supply chain solutions are strategically enhanced by value-added product design and engineering services. Plexus specializes in mid-to low-volume, higher-mix customer programs that require flexibility, scalability, technology and quality.

Plexus provides award-winning customer service to more than 100 branded product companies in North America, Europe and Asia.

Audio: http://www.videonewswire.com/event.asp?id=46996 Plexus Corp.

CONTACT: Ginger Jones, Vice President, Chief Financial Officer of
Plexus, +1-920-751-5487, ginger.jones@plexus.com

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

Quixote Corporation Reports Fiscal 2008 Third Quarter ResultsCompany received additional $4 million purchase order from New York City for traffic controllers

CHICAGO, April 24 /PRNewswire-FirstCall/ -- Quixote Corporation today reported results for its fiscal 2008 third quarter ended March 31, 2008.

For the third quarter of fiscal 2008, net sales were $29,870,000, 4% lower than net sales of $30,975,000 for the third quarter of fiscal 2007. The operating loss for the fiscal 2008 third quarter was $1,145,000, compared to operating profit of $1,578,000 for the third quarter of fiscal 2007. The net loss for the third quarter of fiscal 2008 was $1,164,000, or $0.13 per diluted share, compared to net earnings of $298,000, or $0.03 per diluted share, for the third quarter of fiscal 2007. Results for the third quarter of 2008 were in line with the Company's previously announced expectations.

The Company's results for the third quarter of fiscal 2008 included a charge of $185,000 for a legal settlement related to a previously divested product line. In fiscal 2007, the Company's third quarter results included a gain of $598,000 on the sale of assets. Excluding these items, the Company would have reported an operating loss for the third quarter of fiscal 2008 of $960,000 compared to operating profit of $980,000 in the same period in fiscal 2007. Please refer to the attached tables for a reconciliation of operating profit on a GAAP to non-GAAP basis.

Net sales for the first nine months of fiscal 2008 increased to $95,969,000 from $95,791,000 for the first nine months of fiscal 2007. Operating profit for the first nine months of fiscal 2008 improved to $3,073,000, compared with an operating loss of $6,480,000 for the first nine months of fiscal 2007. Net earnings for the first nine months of fiscal 2008 were $65,000, or $0.01 per diluted share, compared to a net loss of $6,108,000, or $0.68 per diluted share, for the first nine months of fiscal 2007.

The Company's results for the first nine months of fiscal 2008 included a charge of $185,000 for a legal settlement. In fiscal 2007, results for the first nine months included a gain on the sale of assets of $1,191,100, restructuring costs of $7,655,000 and inventory write-offs of $3,620,000 related to the discontinuation of certain product lines in the Intersection Control segment. Excluding these items, the Company would have reported operating profit for the first nine months of fiscal 2008 of $3,258,000, compared to operating profit of $3,604,000 in the same period in fiscal 2007. Please refer to the attached tables for a reconciliation of operating profit on a GAAP to non-GAAP basis.

Leslie J. Jezuit, Chairman and Chief Executive Officer, commented, "Our performance in the third quarter reflects lower than expected sales volumes in each of our business segments. We believe that the current economic uncertainty and severe winter conditions in certain parts of the country resulted in lower domestic state and municipal spending on transportation safety products. Our Protect & Direct segment was particularly affected with sales decreasing approximately 10%. However, third quarter sales in the Inform segment increased 4%, driven by orders for weather sensing products, and sales in the Intersection Control segment increased 12% due primarily to increased sales of traffic controllers. For the third quarter, we saw lower profitability due to lower sales in the Protect and Direct segment and unfavorable product sales mix in all segments."

Mr. Jezuit continued, "In the third quarter, we saw continued good performance in Europe and other international markets; however, international sales decreased 16% overall due to lower sales in the Asia-Pacific region. Sales in Asia-Pacific were affected by one of our largest customers in Australia being acquired during the quarter, decreasing their historical quarterly purchases by approximately $1 million. International sales increased 11% for the first nine months of 2008, and we continue to remain optimistic about our opportunities internationally."

Mr. Jezuit added, "Subsequent to the third quarter, our Intersection Control segment received a purchase order from the New York City Department of Transportation for approximately $4 million to provide 840 advanced solid state traffic controllers to the City. We are very pleased to have secured this order, which is in addition to the $20 million order we received last year. We expect to begin shipping product for this new order in the first half of fiscal 2009. In the meantime, we shipped approximately 150 units as part of our original contract with New York City during the third quarter as planned and we expect that approximately $600,000 of associated revenue will be recognized in the fourth fiscal quarter of this year. In addition, we recently received an initial order for approximately $500,000 for battery back-up systems for New York City to further enhance their intersection upgrade program."

Mr. Jezuit continued, "We remain cautious about the effects of the economic environment on domestic state and municipal spending. In addition, last year's fourth quarter included several large shipments that we do not expect in this year's fourth quarter. Based on these factors, we anticipate sales for the fourth quarter of 2008 to be in the range of $38 to $42 million. We also expect the gross margin to be affected by unfavorable product sales mix and to be lower than the gross margin in the fourth quarter of last year."

Mr. Jezuit concluded, "Going forward, we believe that the international markets present an excellent opportunity for long-term growth and we plan to further penetrate these markets to reduce our exposure to the current domestic economic conditions. In addition, we are focused on managing expenses to improve profitability in each of our segments as our Board of Directors continues its recently-initiated internal review of our business and operations. Over the long-term, we are optimistic about Quixote's potential and the opportunity to grow our transportation safety business globally. Despite the challenges we are currently experiencing in our domestic business, we are committed to maximizing value for our shareholders."

Quixote Corporation will be hosting a telephone conference call at 10 a.m., Eastern Time, today, April 24, 2008, to further discuss its quarterly results and corporate developments. This conference call will be broadcast simultaneously over the Internet at http://www.quixotecorp.com/ and may be accessed and listened to by clicking the icon on the Company's homepage.

Quixote Corporation, (http://www.quixotecorp.com/), through its wholly-owned subsidiaries, Quixote Transportation Safety, Inc., Quixote Traffic Corporation and Quixote Transportation Technologies, Inc., is the world's leading manufacturer of energy-absorbing highway crash cushions, electronic wireless measuring and sensing devices, weather forecasting stations, computerized highway advisory radio transmitting systems, intelligent intersection control systems, flexible post delineators and other transportation safety products.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. The forward- looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the Company's Form 10-K for its fiscal year ended June 30, 2007, under the caption "Forward-Looking Statements" and "Risk Factors" in Management's Discussion and Analysis of Financial Condition and Results of Operations, which discussion is incorporated herein by this reference. Other factors may be described from time to time in the Company's public filings with the Securities and Exchange Commission, news releases and other communications. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Quixote Corporation Earnings Summary (Unaudited) Three Months Ended Nine Months Ended March 31, March 31, 2008 2007 2008 2007 Net sales $29,870,000 $30,975,000 $95,969,000 $95,791,000 Cost of sales 21,370,000 20,302,000 66,031,000 66,105,000 Gross profit 8,500,000 10,673,000 29,938,000 29,686,000 Operating expenses: Selling & administrative 8,056,000 8,471,000 22,788,000 25,853,000 Research & development 1,404,000 1,222,000 3,892,000 3,849,000 Gain on sale of assets (598,000) (1,191,000) Loss on legal settlement 185,000 185,000 Restructuring costs 7,655,000 9,645,000 9,095,000 26,865,000 36,166,000 Operating profit (loss) (1,145,000) 1,578,000 3,073,000 (6,480,000) Other income (expense): Interest income 336,000 338,000 17,000 Interest expense (1,068,000) (1,098,000) (3,306,000) (3,389,000) (732,000) (1,098,000) (2,968,000) (3,372,000) Earnings (loss) before income taxes (1,877,000) 480,000 105,000 (9,852,000) Income tax provision (benefit) (713,000) 182,000 40,000 (3,744,000) Net earnings (loss) ($1,164,000) $298,000 $65,000 ($6,108,000) Per share data - basic: Net earnings (loss) ($0.13) $0.03 $0.01 ($0.68) Average common shares outstanding 9,113,751 8,948,133 9,087,053 8,920,521 Per share data - diluted: Net earnings (loss) ($0.13) $0.03 $0.01 ($0.68) Average diluted common shares outstanding 9,113,751 9,040,559 9,138,763 8,920,521 Quixote Corporation Balance Sheet (Unaudited) As of As of March 31, June 30, 2008 2007 Assets Current assets Cash and cash equivalents $913,000 $674,000 Accounts receivable, net 26,009,000 31,415,000 Inventories, net 32,773,000 25,591,000 Other current assets 4,849,000 6,569,000 64,544,000 64,249,000 Property, plant and equipment, net 19,563,000 17,660,000 Intangible assets and other, net 36,034,000 37,465,000 $120,141,000 $119,374,000 Liabilities and Shareholders' Equity Current liabilities $19,353,000 $26,121,000 Long-term debt, net 55,000,000 47,000,000 Other long-term liabilities 1,073,000 1,045,000 Shareholders' equity 44,715,000 45,208,000 $120,141,000 $119,374,000 Quixote Corporation Other Information (Unaudited) Nine Months Ended March 31, 2008 2007 Depreciation and amortization expense $3,500,000 $3,900,000 Capital expenditures $4,200,000 $2,200,000 Quixote Corporation Reconciliation of GAAP to Non-GAAP Measurements (Unaudited) Three Months Ended Nine Months Ended March 31, March 31, 2008 2007 2008 2007 Operating profit (loss) $(1,145,000) $1,578,000 $3,073,000 ($6,480,000) Subtract: Gain on sale of assets (598,000) (1,191,000) Add: Restructuring costs 7,655,000 Inventory write-offs in Cost of Sales 3,620,000 Loss on legal settlement 185,000 185,000 Operating profit excluding gains, restructuring costs and inventory write-offs (a) $(960,000) $980,000 $3,258,000 $3,604,000 (a) The Company believes that the gain on sale of assets, restructuring costs, inventory write-offs related to the restructuring plan included Cost of Sales and the loss on legal settlement affect the comparability of the results of operations of the 2008 third quarter and the first nine months of fiscal 2008 to the results of operations of the 2007 third quarter and the first nine months of fiscal 2007. The Company also believes that disclosing operating profit excluding those items will allow investors to more easily compare the results of the 2008 third quarter and the first nine months of fiscal 2008 to the results of the 2007 third quarter and the first nine months of fiscal 2007.

Quixote Corporation

CONTACT: Daniel P. Gorey, Chief Financial Officer, Joan R. Riley,
Director of Investor Relations, +1-312-467-6755; or Investor Relations,
Christine Mohrmann or Bob Joyce, both of FD, +1-212-850-5600

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

MKS Instruments Reports First Quarter 2008 Financial Results

ANDOVER, Mass., April 24 /PRNewswire-FirstCall/ -- MKS Instruments, Inc. , a global provider of technologies that enable advanced processes and improve productivity, today reported first quarter 2008 financial results.

Sales were $193.4 million, up 5 percent from $184.1 million in the fourth quarter of 2007 and down 9 percent from $211.4 million in the first quarter of 2007.

Net income was $20.4 million, or $0.39 per diluted share, compared to $15.2 million, or $0.27 per diluted share, in the fourth quarter of 2007 and $27.3 million, or $0.48 per diluted share, in the first quarter of 2007.

Non-GAAP net earnings, which exclude amortization of acquired intangible assets and special items, totaled $20.6 million, or $0.39 per diluted share, compared to $18.6 million, or $0.33 per diluted share, in the fourth quarter of 2007 and $29.9 million, or $0.52 per diluted share, in the first quarter of 2007.

The financial results that exclude certain charges and special items are not in accordance with Accounting Principles Generally Accepted in the United States of America (GAAP). MKS' management believes the presentation of non-GAAP financial measures, which exclude costs associated with acquisitions and special items, is useful to investors for comparing prior periods and analyzing ongoing business trends and operating results.

Leo Berlinghieri, Chief Executive Officer and President, said, "We started 2008 with another quarter of sequential growth after stronger-than-expected fourth quarter sales. Demand increased primarily in semiconductor, solar and flat panel display markets, where we continued to leverage our broad technology portfolio. We also delivered strong operating performance on the higher sales volume.

"Our first quarter results exceeded our guidance in an uncertain market environment. Industry analysts are forecasting further declines in semiconductor capital equipment spending in 2008, and we are seeing a more challenging environment. We are optimistic about our long-term growth opportunities in semiconductor and non-semiconductor markets. In the second quarter, while we expect growth in solar and flat panel display markets, we expect a decline in our semiconductor business. Second quarter sales could range from $170 to $180 million. Net income could range from $0.18 to $0.25 per diluted share on approximately 52 million shares outstanding, and non-GAAP net earnings could range from $0.20 to $0.27 per diluted share."

Management will discuss first quarter financial results on a conference call today at 8:30 a.m. (Eastern Time). Dial-in numbers are 1-800-240-2430 for domestic callers and 303-262-2130 for international callers. The call will be broadcast live and available for replay at http://www.mksinstruments.com/. To hear a telephone replay through May 1, 2008, dial 303-590-3000, pass code 11111743#.

MKS Instruments, Inc. is a global provider of instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity. Our products are derived from our core competencies in pressure measurement and control, materials delivery, gas composition analysis, electrostatic charge management, control and information technology, power and reactive gas generation, and vacuum technology. Our primary served markets are manufacturers of capital equipment for semiconductor devices, and for other thin film applications including flat panel displays, solar cells, data storage media, and other advanced coatings. We also leverage our technology in other markets with advanced manufacturing applications including medical equipment, pharmaceutical manufacturing, and energy generation and environmental monitoring.

This release contains projections or other forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act regarding MKS' future growth and the future financial performance of MKS. These projections or statements are only predictions. Actual events or results may differ materially from those in the projections or other forward-looking statements set forth herein. Among the important factors that could cause actual events to differ materially from those in the projections or other forward-looking statements are the fluctuations in capital spending in the semiconductor industry, fluctuations in net sales to MKS' major customers, potential fluctuations in quarterly results, the challenges, risks and costs involved with integrating the operations of MKS and any acquired companies, dependence on new product development, rapid technological and market change, acquisition strategy, manufacturing and sourcing risks, volatility of stock price, international operations, financial risk management, and future growth subject to risks. Readers are referred to MKS' filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, for a discussion of these and other important risk factors concerning MKS and its operations. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

MKS Instruments, Inc. Unaudited Consolidated Statements of Operations (In thousands, except per share data) Three Months Ended March 31, March 31, December 31, 2008 2007 2007 Net sales $193,448 $211,432 $184,063 Cost of sales 111,541 118,570 108,066 Gross profit 81,907 92,862 75,997 Research and development 19,249 18,299 18,361 Selling, general and administrative 31,709 34,576 32,251 Amortization of acquired intangible assets 3,105 4,107 4,091 Purchase of in-process technology - - 900 Income from operations 27,844 35,880 20,394 Impairment of investments (1,161) - (1,457) Interest income, net 2,176 3,305 3,592 Income before income taxes 28,859 39,185 22,529 Provision for income taxes 8,477 11,895 7,368 Net income $20,382 $27,290 $15,161 Net income per share: Basic $0.39 $0.48 $0.27 Diluted $0.39 $0.48 $0.27 Weighted average shares outstanding: Basic 51,733 56,354 55,415 Diluted 52,571 57,326 55,946 The following supplemental Non-GAAP earnings information is presented to aid in understanding MKS' operating results: GAAP net income $20,382 $27,290 $15,161 Adjustments (net of tax, if applicable): Amortization of acquired intangible assets 3,105 4,107 4,091 Foreign exchange gain from legal entity restructuring (Note 1) (2,669) - - Purchase of in-process technology - - 900 Tax effect of adjustments (204) (1,514) (1,507) Non-GAAP net earnings (Note 2) $20,614 $29,883 $18,645 Non-GAAP net earnings per share (Note 2) $0.39 $0.52 $0.33 Weighted average shares outstanding - diluted 52,571 57,326 55,946 Note 1: Selling, general and administrative expenses for the three month period ended March 31, 2008 includes a foreign exchange gain of $2.7 million related to the Company's legal entity restructuring of certain foreign operations. Note 2: The Non-GAAP net earnings and Non-GAAP net earnings per share amounts exclude amortization of acquired intangible assets, acquisition and disposition related charges and special items, net of applicable income taxes. MKS Instruments, Inc. Unaudited Consolidated Balance Sheet (In thousands) March 31, December 31, 2008 2007 ASSETS Cash and short-term investments $276,618 $323,765 Trade accounts receivable 121,574 107,504 Inventories 154,938 150,731 Other current assets 29,446 27,980 Total current assets 582,576 609,980 Property, plant and equipment, net 81,801 81,365 Goodwill 337,622 337,473 Other acquired intangible assets 33,035 36,141 Other assets 11,688 11,301 Total assets $1,046,722 $1,076,260 LIABILITIES AND STOCKHOLDERS' EQUITY Short-term debt $18,636 $20,203 Accounts payable 33,497 28,683 Accrued expenses and other liabilities 55,305 46,859 Total current liabilities 107,438 95,745 Long-term debt 5,694 5,871 Other long-term liabilities 21,662 20,635 Stockholders' equity: Common stock 113 113 Additional paid-in capital 645,332 685,465 Retained earnings 254,178 255,244 Other stockholders' equity 12,305 13,187 Total stockholders' equity 911,928 954,009 Total liabilities and stockholders' equity $1,046,722 $1,076,260

MKS Instruments, Inc.

CONTACT: Ronald C. Weigner, Vice President and Chief Financial Officer
of MKS Instruments, Inc., +1-978-645-5500

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

Former Defense Contractor Executive Joins Raptor Networks Technology to Lead Federal Business Initiatives

SANTA ANA, Calif., April 24 /PRNewswire-FirstCall/ -- Raptor Networks Technology, Inc. (BULLETIN BOARD: RPTN) , provider of the world's first distributed network switching architectures, announced today the appointment of Andrew A. Adamshick as Vice President, Government Solutions.

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

"A former Perot Systems Senior Vice President, Corporate Development, Division President and Chief Information Officer, Andrew brings broad contractor experience in business operations, capture management, engineering, and M&A within the Federal Sector. He received his bachelor's degree in electrical engineering from the United States Naval Academy and served aboard nuclear ballistic missile submarines in the Atlantic theatre," said Tom Wittenschlaeger, Raptor Networks Technology Chairman and CEO.

"We are very pleased to add a seasoned East Coast government business executive, with significant experience with Perot Systems, to the Raptor team," noted Mr. Wittenschlaeger. "Our strategic intent to execute new project initiatives across the Department of Defense will be greatly enhanced, we are confident, as a result."

"Our shareholders should understand how important the Federal Sector is to the potential success of Raptor and why we are concentrating some much effort, and top personnel, on it. We believe we bring to this sector key solutions to problems ranging from network security to the speed in which data moves to way for the Government to utilize more effectively advanced data applications," Raptor's CEO said.

About Raptor Networks Technology, Inc

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

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

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

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

Photo: http://www.newscom.com/cgi-bin/prnh/20040429/RPTNLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Raptor Networks Technology, Inc.

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

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

Japanese Patent Issued for Neonode Touch Screen Technology, zForce

STOCKHOLM, Sweden, April 24 /PRNewswire-FirstCall/ -- Neonode , the Swedish mobile communication company that develops touch screen technologies and designs mobile handsets, today announced that the Japanese Patent and Trademark Office has approved the issuance of a patent, No 4046689, for its optical touch screen technology, zForce(TM).

"Several of the world's leading consumer electronics manufacturers are based in Japan. Not only are they often first to market with innovative mobile products but Japanese consumers spend the highest amount per capita on consumer electronics of any nation in the world," said Mikael Hagman, President & CEO. "We expect to fully capitalize on the opportunity to license zForce in this market."

zForce was initially patented in 2002. Currently Neonode has a range of patents and patents pending globally, all centered on the finger-based input touch screen technology.

zForce is based on infrared LEDs and photodiodes that work in sunlight and enable navigation by finger movements and sweeping motions -- no stylus, keys or hard pressure needed.

The technology is cost efficient in terms of components, as well as having a very simple manufacturing process compared to the expensive layered capacitive and resistive touch screens currently dominating in the market.

The zForce technology presents a significant licensing opportunity for Neonode as it may be licensed to third-party companies for incorporation into diverse touch screen products such as digital cameras, Global Positioning Systems (GPS) and ultra-portable laptops. zForce is also used in the company's touch screen mobile phone, Neonode N2.

"As a strategic step in line with our dual business model; the combination of technology licensing and branded product sales, we have recently recruited Chief Patent Engineer Joseph Shain to ensure the further protection of our proprietary technology," Hagman continued.

Joseph Shain has long experience within the patent field and brings extensive knowledge to the company. During 9 years at Neomagic, Joseph Shain was involved in diverse aspects of developing the company's parallel processor technology for handheld devices. As a Patent Engineer at Neomagic and Associative Computing Ltd. (ACL) Shain has authored several issued US patents in the field of associative processing.

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

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

Forward-Looking Statements

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

Neonode Inc.

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

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

Belden Announces 37 Percent Increase in Adjusted Diluted EPSFirst Quarter 2008 Highlights- Consolidated revenue increased 52.0 percent to $511.8 million from $336.7 million.- First quarter adjusted diluted EPS increased 36.7 percent to $0.67 per share from $0.49 in the prior-year period.- Belden's European segment achieved double-digit adjusted operating margin.- The full-year 2008 outlook for adjusted diluted EPS is $3.45 to $3.65.

ST. LOUIS, April 24 /PRNewswire-FirstCall/ -- Belden , a leader in the design, manufacture, and marketing of signal transmission solutions for industrial automation, data networking, and a wide range of specialty electronics markets, today announced results of the first quarter ended March 30, 2008.

First Quarter 2008 Results

In the first quarter, revenue was $511.8 million and operating income was $26.6 million. Net income was $13.2 million, or $0.27 per diluted share. The quarter's revenue included $167.0 million from businesses acquired during 2007 and $15.3 million of favorable currency translation.

During the quarter, Belden recorded non-cash asset impairment charges of $11.5 million pre-tax, primarily associated with the plan to close a plant in Manchester, Connecticut; a loss on the sale of real estate of $1.0 million pre-tax; severance charges of $6.5 million pre-tax associated with the previously announced Voluntary Separation Program; and severance and other restructuring costs of $5.6 million pre-tax primarily in connection with the reorganization of its European operations. Additionally, Belden recorded a one-time income tax charge of $2.0 million resulting from the enactment of tax rate changes affecting the Company's recently acquired foreign operations. In the first quarter of 2007, the Company incurred pre-tax charges of $3.3 million for severance, asset impairment charges, and adjusted depreciation associated with restructuring actions in North America and Europe.

Adjusted for these items, operating income in the first quarter increased 26.6 percent year over year to $51.3 million. As a percent of revenue, adjusted operating income was 10.0 percent in the first quarter of 2008, compared with 12.0 percent in the first quarter of 2007. Adjusted diluted income per share from continuing operations was $0.67 in the first quarter of 2008, a 36.7 percent increase from $0.49 in the first quarter of 2007. See the attached schedule, Adjusted Operating Results, for a reconciliation of GAAP results to adjusted results.

"Geographic diversity, driven by our successful 2007 acquisitions, is working in our favor. Strong revenue and margin performance by our European and Asian businesses offset weakness in North America," said John Stroup, President and Chief Executive Officer. "Additionally, the operating margin of our European segment, as well as the legacy cable operations in the segment, exceeded our near-term goal of 10 percent. To address the weakness in our North American volume, we enacted countermeasures throughout the quarter, including reducing our work force in several locations, moving ahead with the decision to close the Connecticut plant, and delaying rehiring for most of the positions vacated through the Voluntary Separation Program."

In a sale-and-leaseback arrangement, Belden received $23.4 million net cash proceeds during the first quarter from the sale of the recently built plant in Nogales, Mexico.

Outlook

"We continue to expect our total revenue to be between $2.2 and $2.3 billion for the year with a higher percentage coming from outside the United States," said Mr. Stroup. "As a result, we expect our adjusted operating income to be between 12 and 13 percent of revenue and adjusted earnings per diluted share to be between $3.45 and $3.65."

Forward Looking Statements

Statements in this release other than historical facts are "forward-looking statements" made in reliance upon the safe harbor of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on forecasts and projections about the industries served by the Company and about general economic conditions. They reflect management's beliefs and expectations. They are not guarantees of future performance and they involve risk and uncertainty. The Company's actual results may differ materially from these expectations. Some of the factors that may cause actual results to differ from the Company's expectations include demand for the Company's products; the cost and availability of materials including copper, plastic compounds derived from fossil fuels, and other materials; energy costs; the Company's ability to integrate successfully the acquired businesses; and other factors. For a more complete discussion of risk factors, please see our Annual Report on Form 10-K for the year ended December 31, 2007, filed with the SEC on February 29, 2008. Belden disclaims any duty to update any forward-looking statements as a result of new information, future developments, or otherwise.

About Belden

Belden is a leader in the design, manufacture, and marketing of signal transmission solutions for data networking and a wide range of specialty electronics markets including entertainment, industrial, security and aerospace applications. To obtain additional information contact Investor Relations at 314-854-8054, or visit our website at http://www.belden.com/.

Contact: Belden Dee Johnson, Director of Investor Relations and Corporate Communications 314-854-8054 The following schedules are provided: -- Comparative condensed consolidated statements of operations for the three-month periods ended March 30, 2008, and March 25, 2007. -- Segment results for the same periods. -- Condensed consolidated balance sheets as of March 30, 2008, and December 31, 2007. -- A supplemental schedule of adjusted consolidated results for the quarter and the prior-year comparable period, excluding certain non-recurring severance charges, asset impairment, restructuring charges, adjusted depreciation and discrete tax items. BELDEN INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended March 30, 2008 March 25, 2007 (In thousands, except per share amounts) Revenues $511,826 $336,703 Cost of sales (366,009) (246,014) Gross profit 145,817 90,689 Selling, general and administrative expenses (97,715) (51,903) Research and development (9,071) (146) Loss on sale of assets (884) - Asset impairment (11,549) (1,392) Operating income 26,598 37,248 Interest expense (7,819) (2,526) Interest income 957 2,743 Other income (expense) 1,168 (2,016) Income before taxes 20,904 35,449 Income tax expense (7,684) (13,435) Net income $13,220 $22,014 Weighted average number of common shares and equivalents: Basic 44,139 44,465 Diluted 48,377 51,689 Basic income per share $0.30 $0.50 Diluted income per share $0.27 $0.44 Dividends declared $0.05 $0.05 BELDEN INC. OPERATING SEGMENT INFORMATION (Unaudited) External Operating Customer Affiliate Total Income Three Months Ended March 30, 2008 Revenues Revenues Revenues (Loss) (In thousands) Belden Americas $186,278 $19,828 $206,106 $31,281 Specialty Products 53,432 18,345 71,777 (7,082) Europe 184,563 6,056 190,619 16,909 Asia Pacific 87,553 - 87,553 8,897 Total Segments 511,826 44,229 556,055 50,005 Finance and Administration - - - (13,896) Eliminations - (44,229) (44,229) (9,511) Total Continuing Operations $511,826 $- $511,826 $26,598 Three Months Ended March 25, 2007 Belden Americas $186,298 $11,278 $197,576 $34,308 Specialty Products 56,653 12,423 69,076 10,315 Europe 81,948 2,708 84,656 3,802 Asia Pacific 11,804 - 11,804 1,527 Total Segments 336,703 26,409 363,112 49,952 Finance and Administration - - - (7,940) Eliminations - (26,409) (26,409) (4,764) Total Continuing Operations $336,703 $- $336,703 $37,248 BELDEN INC. CONDENSED CONSOLIDATED BALANCE SHEETS March 30, 2008 December 31, 2007 (Unaudited) (In thousands) ASSETS Current assets: Cash and cash equivalents $196,842 $159,964 Receivables 370,882 373,108 Inventories, net 262,687 257,540 Deferred income taxes 28,931 28,578 Other current assets 17,313 17,392 Total current assets 876,655 836,582 Property, plant and equipment, less accumulated depreciation 328,516 369,803 Goodwill 704,399 648,882 Intangible assets, less accumulated amortization 157,484 154,786 Other long-lived assets 65,414 58,796 $2,132,468 $2,068,849 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable and accrued liabilities $375,693 $350,047 Current maturities of long-term debt 110,000 110,000 Total current liabilities 485,693 460,047 Long-term debt 350,000 350,000 Postretirement benefits 103,387 98,084 Deferred income taxes 64,075 78,140 Other long-term liabilities 13,558 9,915 Stockholders' equity: Common stock 503 503 Additional paid-in capital 642,524 638,690 Retained earnings 489,790 478,776 Accumulated other comprehensive income 153,975 93,198 Treasury stock (171,037) (138,504) Total stockholders' equity 1,115,755 1,072,663 $2,132,468 $2,068,849 BELDEN INC. ADJUSTED OPERATING RESULTS (Unaudited) In addition to reporting financial results in accordance with accounting principles generally accepted in the United States, we provide operating results adjusted for severance charges, adjusted depreciation, asset impairments, gains (losses) on disposals of assets, and one-time tax benefits (charges). We utilize the adjusted results to review our ongoing operations without the effect of restructuring and related charges and for comparison to budgeted operating results. We believe these adjusted results are useful to investors because they help them compare our results to previous periods and provide insights into underlying trends in the business. Adjusted results should be considered only in conjunction with results reported according to accounting principles generally accepted in the United States. As Three Months Ended March 30, 2008 Reported Adjustments Adjusted (In thousands, except percentages and per share amounts) Revenues $511,826 $- $511,826 Gross profit $145,817 $3,956 $149,773 as a percent of revenues 28.5% 29.3% Operating income $26,598 $24,688 $51,286 as a percent of revenues 5.2% 10.0% Net income $13,220 $18,963 $32,183 as a percent of revenues 2.6% 6.3% Net income per diluted share $0.27 $0.40 $0.67 Three Months Ended March 25, 2007 Revenues $336,703 $- $336,703 Gross profit $90,689 $1,543 $92,232 as a percent of revenues 26.9% 27.4% Operating income $37,248 $3,273 $40,521 as a percent of revenues 11.1% 12.0% Net income $22,014 $2,515 $24,529 as a percent of revenues 6.5% 7.3% Net income per diluted share $0.44 $0.05 $0.49 Adjustments for the three months ended March 30, 2008 included pre-tax charges for asset impairment, severance associated with the Voluntary Separation Program, and severance and other restructuring costs of $11.5 million, $6.5 million, and $5.6 million, respectively, a $1.0 million pre-tax loss on the disposal of certain tangible assets, and a $2.0 million one-time tax charge. Adjustments for the three months ended March 25, 2007 included pre-tax charges for asset impairment, severance, and adjusted depreciation of $1.4 million, $0.8 million, and $0.8 million, respectively, and a $0.2 million pre-tax loss on the disposal of certain tangible assets.

Belden

CONTACT: Dee Johnson, Director of Investor Relations and Corporate
Communications of Belden, +1-314-854-8054

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

China Shen Zhou Mining & Resources, Inc. Announces Completion of New Nonferrous Processing Plant in Xinjiang

- 200K-metric Ton Annual Designed Capacity - - Grand Ribbon-Cutting Ceremony to be Held April 29 - - Company Expanding Nonferrous Metal Explorations in Xinjiang -

BEIJING, April 24 /Xinhua-PRNewswire-FirstCall/ -- China Shen Zhou Mining & Resources, Inc. ("China Shen Zhou", or "the Company"), a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced the completion of its construction of a new nonferrous metal concentrator in northern Xinjiang Uyghur Autonomous Region. A grand ribbon- cutting ceremony to inaugurate the new plant will be held on April 29, 2008, with commercial production ensuing immediately.

The all-new nonferrous metal concentrator will process copper, zinc and lead ores and turn them into metal ingots and has an annual designed production capacity of 200,000 metric tons. The facility is located in Buerjiin County in northern Xinjiang, about 3 miles from the Company's Keyinbulake nonferrous-metal mine, which has a government mining license valid until August 2013. The Keyinbulake deposit is situated in one of the most geologically rich regions of Xinjiang.

"I am extremely pleased to see the new concentrator launch its commercial production," said Ms. Jessica Yu, Chairwoman and CEO of China Shen Zhou. "We expect this new plant to serve as a major revenue contributor this year like our fluorite plant in Inner Mongolia. The nonferrous mine in Xinjiang contains high-grade copper and zinc resources and we are already enhancing our exploration activity and aim to increase our mineral resources."

About China Shen Zhou Mining & Resources, Inc.

China Shen Zhou Mining & Resources, Inc., through its subsidiary, American Federal Mining Group ("AFMG"), is engaged in the exploration, development, mining, and processing of fluorite and nonferrous metals such as zinc, lead and copper in China. The Company has the following principal areas of interest in China: (a) fluorite exploration and extraction in the Sumochaganaobao region of Inner Mongolia; (b) zinc/copper/lead exploration, mining and processing in Wulatehouqi of Inner Mongolia; and (c) zinc/copper exploration, mining and processing in Xinjiang. In addition, AFMG owns 100% of Kichi- Chaarat Closed Joint Stock Company, whose major assets include a copper-gold mine located in the Kuru-Tegerek region of western Kyrgyzstan.

For more information, please visit http://www.chinaszmg.com/ Safe Harbor Statement

Certain of the statements made in the press release constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward- looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in The People's Republic of China, variations in cash flow, fluctuation in mineral prices, risks associated with exploration and mining operations, and the potential of securing additional mineral resources, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.

For more information, please contact: In China: Sterling Song Senior Investor Relations Manager China Shen Zhou Mining & Resources, Inc. Tel: +86-10-6887-2811 Email: investor@chinaszky.com Web: http://www.chinaszmg.com/ In the U.S.: Valentine Ding Investor Relations The Global Consulting Group Tel: +1-646-284-9412 Email: vding@hfgcg.com

China Shen Zhou Mining & Resources, Inc.

CONTACT: In China: Sterling Song, Senior Investor Relations Manager of
China Shen Zhou Mining & Resources, Inc., +86-10-6887-2811, or
investor@chinaszky.com; Or In the U.S.: Valentine Ding, Investor Relations of
The Global Consulting Group, +1-646-284-9412, or vding@hfgcg.com

Nokia and Renault Offer the Latest for Brazilian Auto BuyersNokia N95, Nokia Maps and Accessories Included in Special Edition Automobile

ESPOO, Finland, April 24 /PRNewswire-FirstCall/ -- Renault Brazil and Nokia Brazil have joined forces to offer technology savvy Brazilians an automobile that combines modern design with the most advanced mobile technology available today. The special edition Sandero Nokia will be the first Renault model produced in Brazil to come equipped with Nokia's complete mobility solution, including device, services & software and original accessories. The package includes the flagship multimedia computer, the Nokia N95, with an integrated Global Positioning System (GPS), pre-loaded Nokia Maps service, Bluetooth connection and a wide range of media solutions as well as music player, large screen and high-end camera. It also brings the Nokia LD-3W GPS module and is integrated with the Nokia CK-20W, an automobile accessories kit.

Sandero Nokia is the first compact vehicle in the Brazilian market to come factory-equipped with GPS. Created from the most inclusive version of Sandero's family of automobiles, Privilege 1.6 16V Hi-Flex, the special series Sandero Nokia has a suggested retail price including shipping of EUR 17,650. Only 1,000 units will be manufactured.

"This car will appeal to a target audience of young, energetic males who want the industry-leading mobile technology of Nokia combined with the quality of a Renault Sandero," said Rodrigo Link, Manager, Enhancements Sales, Nokia Brazil. "This marks the next generation of mobile connectivity."

Some of the key features of the Sandero Nokia include an audio streaming function that enables the driver to listen to music stored on his Nokia N95 through Sandero Nokia's speakers via a wireless connection; access to maps of the main cities in Brazil that are already included in the memory; and a Bluetooth System for telephone calls which allows drivers to utilize a microphone inserted into the upper part of Sandero Nokia's windshield and to listen to calls through the vehicle's audio system.

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: Nokia, Communications, Tel. +358-7180-34900,
Email: press.services@nokia.com; Nokia, Communications, Benjamin Lampe, Tel.
+358-7180-60992, Email : benjamin.lampe@nokia.com

Verizon Wireless To Host Mobile Convergence Technology Summit in New York City May 6, 2008Hands-On Demonstrations and Data Solutions Promise to Make Area Businesses More Profitable, Productive; Registration Opens Today, Space is Limited

NEW YORK, April 24 /PRNewswire/ -- Verizon Wireless today began accepting registrations for the first annual Mobile Convergence Technology Summit, co-sponsored by Alcatel-Lucent and scheduled for May 6, 2008 at New World Stages, 340 West 50th Street in Manhattan.

The summit, which begins with registration at 9 a.m. and closes with a reception from 5 to 7 p.m., is designed to educate business customers to the benefits and advantages of taking their wireless devices beyond simple email management. Managers and executives from businesses of all sizes will benefit from the event's hands-on tutorials, previews of the newest business applications and live demonstrations by a wide-range of mobile solutions providers.

"This conference will provide valuable information to anyone who uses a PDA or Smartphone device for business," said Maitland Muse, regional director- Verizon Wireless' Data Solutions. "All too often, employees are given devices by their companies without any instruction on their capabilities. By teaming up with leading application providers, we can help change the way New York Metro area companies do business and show them how leveraging mobile applications can help increase productivity, lower management costs and simplify sales."

Keynote speakers include Johna Till Johnson, president and founding partner of Numerates Research, an independent research firm that specializes in quantifying the business impact of technology, and Indranil Chatterjee, executive director-wireless strategy and business development for Alcatel- Lucent.

Space is limited and seats are filling quickly. For more information and to register visit http://www.vzwtechnologies.com/mobileconvergence .

About Verizon Wireless

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

About Alcatel-Lucent

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

Verizon Wireless

CONTACT: David Samberg, +1-845-365-7212,
David.samberg@verizonwireless.com, or Kimberly Ancin, +1-845-429-3839,
kimberly.ancin@vivianipr.com, both of Verizon Wireless

Web site: http://www.verizonwireless.com/
http://www.vzwtechnologies.com/mobileconvergence
http://www.verizonwireless.com/multimedia
http://www.alcatel-lucent.com/

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

WESCO International, Inc. Reports Record First Quarter 2008 SalesConsolidated Sales up 2.9%, Record Free Cash Flow Generated

PITTSBURGH, April 24 /PRNewswire-FirstCall/ -- WESCO International, Inc. , a leading provider of electrical MRO products, construction materials and advanced integrated supply procurement outsourcing services, today announced its first quarter 2008 financial results.

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

Consolidated net sales for the first quarter of 2008 were $1,465 million compared with $1,451 million in the first quarter of 2007. Consolidated sales grew 2.9% after adjusting for a previously announced divestiture. Sales for the quarter from acquisitions made in the second half of 2007 were approximately $12 million. Gross margin as a percent of sales for the quarter was 20.2% versus 20.6% for the comparable quarter last year. Operating income for the quarter was $77.1 million which included a one-time $3 million pre-tax loss in conjunction with the divestiture versus $82.5 million in the comparable quarter. Depreciation and amortization was $6.9 million in the quarter compared to $8.9 million last year.

Diluted earnings per share in the current quarter were $1.02, compared with $0.93 in the first quarter of 2007. Included in the current quarter was a one-time after-tax loss of $2.1 million, or $0.05 per share related to the divestiture. Last year's first quarter included two nonrecurring items totaling a net charge of $3.3 million on an after-tax basis, or $0.06 per share. Net income in the first quarter of 2008 was $44.8 million versus $48.2 million in the comparable 2007 quarter.

Mr. Stephen A. Van Oss, Senior Vice President and Chief Financial and Administrative Officer, stated, "Strong earnings and good working capital performance produced company best ever free cash flow of $80 million. Free cash flow was directed at debt reduction and the purchase of stock under our share repurchase program. Our capital structure is strong and we have ample liquidity and debt facilities to fund our operational growth, acquisitions and share repurchases. Financial leverage improved to 2.9 versus 3.1 at year-end 2007. Additionally, during the quarter we purchased approximately 0.6 million shares of stock for approximately $25 million under our previously announced $400 million share repurchase program. To date, under the current $400 million authorization, we have purchased approximately 1.4 million shares for a total cost of $55 million, and since February 2007 we have purchased a total of 7.8 million shares."

Mr. Van Oss added, "We posted solid results for the first quarter despite a challenging economic environment. Organic sales growth at 2% continued the positive trend we experienced in the fourth quarter and our construction backlog increased 11% over both year-end and last year's first quarter. Earnings per share increased by $0.09 or 10% reflecting the impact of our share repurchase program."

Mr. Roy W. Haley, WESCO's Chairman and Chief Executive Officer commented, "We have seen some deterioration in certain markets related to residential construction activity. We are cognizant of the near-term risks of a slowing economy, and we are balancing the increased investment in business development initiatives with cost containment actions in other areas of our business. We've made investments in sales capacity and value-added services to enhance our customer relationships and strengthen our position in multiple market segments. Our business model is solidly established, and we are responsive to our customer's needs for service, value and product solutions in today's competitive marketplace."

Teleconference

WESCO will conduct a teleconference to discuss the first quarter earnings as described in this News Release on Thursday, April 24, 2008, at 11:00 a.m. E.D.T. The conference call will be broadcast live over the Internet and can be accessed from the Company's website at http://www.wesco.com/. The conference call will be archived on this Internet site for seven days.

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

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

WESCO INTERNATIONAL, INC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME (dollar amounts in millions, except per share amounts) (Unaudited) Three Months Three Months Ended Ended March 31, March 31, 2008 2007 Net sales $1,465.2 $1450.6 Cost of goods sold (excluding depreciation and amortization below) 1,169.6 79.8% 1,151.6 79.4% Selling, general and administrative expenses 211.6 14.4% 207.6 14.3% Depreciation and amortization 6.9 8.9 Income from operations 77.1 5.3% 82.5 5.7% Interest expense, net 14.6 12.2 Other (income) expense (2.7) - Income before income taxes 65.2 4.4% 70.3 4.8% Provision for income taxes 20.4 22.1 Net income $44.8 3.1% $48.2 3.3% Diluted earnings per common share $1.02 $0.93 Weighted average common shares outstanding and common share equivalents used in computing diluted earnings per share (in millions) 44.0 52.0 WESCO INTERNATIONAL, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (dollar amounts in millions) (Unaudited) March 31, December 31, Assets 2008 2007 Current Assets Cash and cash equivalents $94.4 $72.3 Trade accounts receivable 864.1 844.5 Inventories, net 615.3 666.0 Other current assets 75.9 97.7 Total current assets 1,649.7 1,680.5 Other assets 1,139.2 1,179.4 Total assets $2,788.9 $2,859.9 Liabilities and Stockholders' Equity Current Liabilities Accounts payable $638.8 $626.3 Other current liabilities 635.7 665.6 Total current liabilities 1,274.5 1,291.9 Long-term debt 748.0 811.3 Other noncurrent liabilities 137.8 148.2 Total liabilities 2,160.3 2,251.4 Stockholders' Equity Total stockholders' equity 628.6 608.5 Total liabilities and stockholders' equity $2,788.9 $2,859.9 WESCO INTERNATIONAL, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (dollar amounts in thousands) (Unaudited) Twelve Months Twelve Months Ended Ended Financial Leverage: March 31, 2008 December 31, 2007 Income from operations $388,762 $394,224 Depreciation and amortization 34,762 36,759 EBITDA $423,524 $430,983 Short term debt 486,000 502,300 Current debt 2,706 2,676 Long term debt 748,022 811,311 Total debt $1,236,728 $1,316,287 Financial leverage ratio 2.9 3.1 Note: Financial leverage is provided by the Company as an indicator of capital structure position. Financial leverage is calculated by dividing total debt by the trailing twelve months earnings before interest, taxes, depreciation and amortization. Three Months Ended Free Cash Flow: March 31, 2008 Cash flow provided by operations $91,427 Less: Capital expenditures (11,319) Free cash flow $80,108 Note: Free cash flow is provided by the Company as an additional liquidity measure. Capital expenditures are deducted from operating cash flow to determine free cash flow. This amount represents excess funds available to management to service all of its financing needs. WESCO INTERNATIONAL, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (CONTINUED) (dollar amounts in millions) (Unaudited) Three Months Three Months Ended Ended Gross Profit: March 31, 2008 March 31, 2007 Net sales $1,465.2 $1,450.6 Cost of goods sold (excluding depreciation and amortization) 1,169.6 1,151.6 Gross profit $295.6 $299.0 Gross Margin 20.2% 20.6% Note: Gross profit is provided by the Company as an additional financial measure. Gross profit is calculated by deducting cost of goods sold, excluding depreciation and amortization, from net sales. This amount represents an important financial measure within the distribution industry. Gross Margin is calculated by dividing gross profit by net sales.

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

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

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

Benchmark Electronics Reports Results for the Quarter Ended March 31, 2008

ANGLETON, Texas, April 24 /PRNewswire/ -- Benchmark Electronics, Inc. , a leading contract manufacturing provider, announced sales of $684 million for the quarter ended March 31, 2008, compared to $752 million for the same quarter in the prior year. First quarter net income was $23 million, or $0.33 per diluted share. In the comparable period of 2007, net income was $24 million, or $0.34 per diluted share.

Excluding amortization of intangibles and the impact of stock-based compensation costs, the Company would have reported net income of $23 million, or $0.34 per diluted share, in the first quarter of 2008. Excluding restructuring charges, integration costs, amortization of intangibles and the impact of stock-based compensation costs, the Company would have reported net income of $28 million, or $0.39 per diluted share, in the first quarter of 2007.

"We are pleased with our first quarter operating results considering the soft demand environment in several of the industries that we serve," said Cary T. Fu, the Company's Chief Executive Officer. "We have seen an increase in interest from customers and prospective customers, as they continue to expand their outsourcing efforts. We believe our new program bookings provide excellent opportunities for near-term stability and long-term growth even while some of the industries we serve may experience lackluster demand during 2008."

First Quarter 2008 Financial Highlights -- Operating margin for the first quarter was 3.1% on a GAAP basis and was 3.3%, excluding amortization of intangibles and the impact of stock-based compensation expense. -- Cash flows provided by operating activities for the first quarter were approximately $46 million. -- Cash and short-term investments balance was $302 million at March 31, 2008 after the reclassification of $77 million of auction rate securities to long-term. -- Accounts receivable was $453 million at March 31, 2008; calculated days sales outstanding were 60 days. -- Inventory was $397 million at March 31, 2008; inventory turns were 6.4 times. -- Repurchases of common shares for the first quarter totaled $37 million. Total repurchases under the plan through April 23, 2008 were $103 million. 2008 Outlook

Looking forward, sales for the second quarter of 2008 are expected to range from $715 million to $750 million. Diluted earnings per share for the second quarter, excluding amortization of intangibles and the impact of stock-based compensation expense, are expected to be between $0.35 and $0.41.

For the year-ended December 31, 2008, we now expect revenues to grow at a more moderated pace of 2% to 5%, which will come primarily from the ramp of new programs. At the same time, we are maintaining our earnings per share growth in the range of 15% to 20%.

Non-GAAP Financial Measures

This press release includes financial measures for earnings and earnings per share that exclude certain items and therefore are not in accordance with generally accepted accounting principles (GAAP). A detailed reconciliation between the GAAP results and results excluding special items (non-GAAP) is included at the end of this press release. By disclosing this non-GAAP information, management intends to provide investors with additional information to further analyze the company's performance and underlying trends. Management utilizes a measure of net income and earnings per share on a non-GAAP basis that excludes certain items to better assess operating performance and to help investors compare our results with our previous guidance.

The non-GAAP information included in this press release is not necessarily comparable to non-GAAP information of other companies. Non-GAAP information should not be viewed as a substitute for, or superior to, net income or other data prepared in accordance with GAAP as measures of our profitability or liquidity. Users of this financial information should consider the types of events and transactions for which adjustments have been made.

Forward-Looking Statements

This news release contains certain forward-looking statements within the scope of the Securities Act of 1933 and the Securities Exchange Act of 1934. The words "expect," "estimate," "anticipate," "predict," and similar expressions, and the negatives of such expressions, are intended to identify forward-looking statements. Our forward-looking statements may be deemed to include, among other things, the statement that "we believe our new program bookings provide excellent opportunities for near-term stability and long-term growth even while some of the industries we serve may experience lackluster demand during 2008," and our sales and earnings per share guidance for the second quarter and full year of 2008, as well as other statements, express or implied, concerning: future operating results or the ability to generate sales, income or cash flow; and Benchmark's business and growth strategies, including expected internal growth and performance goals. Although Benchmark believes that these statements are based upon reasonable assumptions, such statements involve risks, uncertainties and assumptions, including but not limited to industry and economic conditions, and customer actions.

All forward-looking statements included in this release are based upon information available to Benchmark as of the date of the release, and Benchmark assumes no obligation to update any such forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Persons are advised to consult further disclosures on related subjects in Benchmark's Form 10-K for the year ended December 31, 2007, in its other filings with the Securities and Exchange Commission and in its press releases.

Additional Information

Benchmark Electronics, Inc. is in the business of manufacturing electronics and provides its services to original equipment manufacturers of computers and related products for business enterprises, medical devices, industrial control equipment, testing and instrumentation products, and telecommunication equipment. Benchmark's global operations include 20 manufacturing locations in ten countries. Benchmark's Common Shares trade on the New York Stock Exchange under the symbol BHE.

A conference call hosted by Benchmark management will be held today at 10:00 am (Central time) to discuss the financial results of the Company and its future outlook. This call will be broadcast via the Internet and may be accessed by logging on to our website at http://www.bench.com/.

Benchmark Electronics, Inc. and Subsidiaries Reconciliation of GAAP to Non-GAAP Financial Results (Amounts in Thousands, Except Per Share Data) (UNAUDITED) Three Months Ended March 31, 2008 2007 Income from operations (GAAP) $ 21,493 $ 27,448 Stock-based compensation 788 628 Restructuring charges and integration costs - 3,345 Amortization of intangibles 447 447 Non-GAAP income from operations $ 22,728 $ 31,868 Net income (GAAP) $ 22,619 $ 24,476 Stock-based compensation, net of tax 557 442 Restructuring charges and integration costs, net of tax - 2,617 Amortization of intangibles, net of tax 285 322 Non-GAAP net income $ 23,461 $ 27,857 Numerator for basic earnings per share - net income (GAAP) $ 22,619 $ 24,476 Interest expense on convertible debt, net of tax - 115 Numerator for diluted earnings per share (GAAP) $ 22,619 $ 24,591 Earnings per share: (GAAP) Basic $ 0.33 $ 0.34 Diluted $ 0.33 $ 0.34 Numerator for basic earnings per share - net income (Non-GAAP) $ 23,461 $ 27,857 Interest expense on convertible debt, net of tax - 115 Numerator for diluted earnings per share (Non-GAAP) $ 23,461 $ 27,972 Earnings per share: (Non-GAAP) Basic $ 0.34 $ 0.39 Diluted $ 0.34 $ 0.39 Weighted average shares used in calculating earnings per share: Basic 69,330 71,435 Diluted 69,462 72,465 Benchmark Electronics, Inc. and Subsidiaries Consolidated Statements of Income (Amounts in Thousands, Except Per Share Data) (UNAUDITED) Three Months Ended March 31, 2008 2007 Net sales $ 684,309 $ 752,482 Cost of sales 639,094 697,994 Gross profit 45,215 54,488 Selling, general and administrative expenses 23,275 23,248 Amortization of intangibles 447 447 Restructuring charges and integration costs - 3,345 Income from operations 21,493 27,448 Other income (expense): Interest income 3,243 1,749 Interest expense (365) (811) Other 1,628 (34) Total other income, net 4,506 904 Income before income taxes 25,999 28,352 Income tax expense 3,380 3,876 Net income $ 22,619 $ 24,476 Numerator for basic earnings per share - net income $ 22,619 $ 24,476 Interest expense on convertible debt, net of tax - 115 Numerator for diluted earnings per share $ 22,619 $ 24,591 Denominator for basic earnings per share - weighted average number of common shares outstanding during the period 69,330 71,435 Incremental common shares attributable to exercise of outstanding equity instruments 132 1,030 Denominator for diluted earnings per share 69,462 72,465 Earnings per share: Basic $ 0.33 $ 0.34 Diluted $ 0.33 $ 0.34 Benchmark Electronics, Inc. and Subsidiaries Condensed Consolidated Balance Sheet March 31, 2008 (Amounts in Thousands) (UNAUDITED) Assets Current assets: Cash and cash-equivalents $ 300,717 Short-term investments 1,008 Accounts receivable, net 452,952 Inventories, net 397,150 Other current assets 61,156 Total current assets 1,212,983 Long-term investments 77,280 Property, plant and equipment, net 143,898 Other assets, net 28,594 Goodwill, net 285,027 Total assets $ 1,747,782 Liabilities and Shareholders' Equity Current liabilities: Current installments of long-term debt and capital lease obligations $ 375 Accounts payable 355,794 Accrued liabilities 60,428 Total current liabilities 416,597 Long-term debt and capital lease obligations, less current installments 12,045 Other long-term liabilities 43,082 Shareholders' equity 1,276,058 Total liabilities and shareholders' equity $ 1,747,782

Benchmark Electronics, Inc.

CONTACT: Ellen M. Dylla, Investor Relations, +1-979-849-6550, for
Benchmark Electronics, Inc.

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

Particle Drilling Technologies Announces Fiscal Second Quarter 2008 Financial Results and Conference Call Schedule

HOUSTON, April 24 /PRNewswire-FirstCall/ -- Particle Drilling Technologies, Inc. announced today plans to release its fiscal second quarter 2008 financial results on Thursday, May 8, 2008 after the market closes. In conjunction with the release, Particle Drilling Technologies has scheduled a conference call, which will be broadcast live over the Internet on Friday, May 9, 2008 at 11:00 a.m. eastern time (10:00 a.m. central). The Company plans to provide an operations update and a review of the quarterly results.

What: Particle Drilling Technologies, Inc. Fiscal Second Quarter 2008 Conference Call When: May 9, 2008 - 11:00 a.m. eastern time Where: Live via phone by dialing 303-262-2139 and asking for the Particle Drilling call at least 10 minutes prior to the start time. Investors may also listen to the conference live on the Particle Drilling website, http://www.particledrilling.com/, on the "Investor Relations" section of the site

A telephonic replay of the conference call will be available through May 16, 2008 and may be accessed by calling 303-590-3000 and using passcode 11113069. A web cast archive will also be available at http://www.particledrilling.com/, on the "Investor Relations" section of the Company's website, shortly after the call and will be accessible for approximately 90 days. For more information, please contact Donna Washburn at DRG&E at 713-529-6600 or email dmw@drge.com.

About Particle Drilling Technologies, Inc.

Particle Drilling Technologies, Inc. is a development-stage oilfield service and technology company commercializing its patented and patent-pending Particle Impact Drilling system. The Company's technology is designed to enhance the rate-of-penetration function in the drilling process, particularly in hard-rock environments. It is headquartered in Houston, Texas. For more information, visit: http://www.particledrilling.com/.

Contacts: J. Chris Boswell, SVP & CFO Particle Drilling Technologies, Inc. 713-223-3031 Jack Lascar/Sheila Stuewe DRG&E / 713-529-6600

Particle Drilling Technologies, Inc.

CONTACT: J. Chris Boswell, SVP & CFO of Particle Drilling Technologies,
Inc., +1-713-223-3031; or Jack Lascar, or Sheila Stuewe, both of DRG&E,
+1-713-529-6600, for Particle Drilling Technologies, Inc.

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

Perfect World Launches 'Burning Anger of the God's' Expansion Pack for 'Perfect World II'

BEIJING, April 24 /Xinhua-PRNewswire/ -- Perfect World Co., Ltd. ("Perfect World" or the "Company"), a leading online game developer and operator in China, today announces that it will launch "Burning Anger of the God's" expansion pack for "Perfect World II" on April 29, 2008.

As the Company's first self-developed 3D MMORPG to be licensed overseas, "Perfect World II" has been popular with players around the world. In the Chinese game market, "Perfect World II" has also won the recognition from many players for its quality and earned praise for the Company's outstanding R&D and creative abilities.

The brand new "Burning Anger of the God's" expansion pack is a major update for "Perfect World II." "Burning Anger of the God's" is based on a heart-breaking love story, and presents features including new scenes and types of armor to online game players. Each profession in the game will now enjoy new skills that will improve their defensive power and combat abilities.

"As one of our most important products, 'Perfect World II' has been well- received in the Chinese game market," commented Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World. "I believe the release of the expansion pack will bring more fun to online game players. Meanwhile, to understand and meet users' different needs, we will also provide a platform for users to freely express their opinions and unique views toward the game. The feedback will be used as a reference to modify the expansion pack and make playing 'Perfect World II' a fun experience for online game players."

About Perfect World Co., Ltd. ( http://www.pwrd.com/ )

Perfect World Co., Ltd. is a leading online game developer and operator in China. Perfect World primarily develops three-dimensional ("3D") online games based on the proprietary Angelica 3D game engine and game development platform. The Company's strong technology and creative game design capabilities, combined with extensive local knowledge and experience, enable it to frequently and rapidly introduce popular games that are designed to cater to changing customer preferences and market trends in China. The Company's current portfolio of self-developed 3D online games includes 3D massively multiplayer online role playing games ("MMORPGs"): "Perfect World," "Legend of Martial Arts," "Perfect World II," "Zhu Xian," and "Chi Bi;" and a 3D casual game: "Hot Dance Party." While most revenues are generated in China, the Company's games have been licensed to leading game operators in more than ten countries and regions. The Company plans to continue to explore new and innovative business models and remains deeply committed to maximizing shareholder value over time.

Safe Harbor Statements

This press release contains forward-looking statements. These statements constitute forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "future," "plans," "believes" and similar statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but are not limited to, our limited operating history, our ability to protect our intellectual property rights, our ability to respond to competitive pressure, and changes of the regulatory environment in China. Further information regarding these and other risks is included in Perfect World's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1. Perfect World does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For further information, please contact Perfect World Co., Ltd. Vivien Wang Investor Relations Officer Tel: +86-10-5885-1813 Fax: +86-10-5885-6899 Email: ir@pwrd.com http://www.pwrd.com/ Christensen Investor Relations Peter Homstad Tel: +1-480-614-3026 Fax: +1-480-614-3033 Email: phomstad@christensenir.com Jung Chang Tel: +852-2117-0861 Fax: +852-2117-0869 Email: jchang@christensenir.com

Perfect World Co., Ltd.

CONTACT: Perfect World Co., Ltd. - Vivien Wang, Investor Relations
Officer, +86-10-5885-1813, or fax, +86-10-5885-6899, or ir@pwrd.com;
Christensen Investor Relations - Peter Homstad, +1-480-614-3026, or fax,
+1-480-614-3033, or phomstad@christensenir.com; Jung Chang, +852-2117-0861, or
fax, +852-2117-0869, or jchang@christensenir.com, for Perfect World

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

EarthLink Announces First Quarter ResultsReports Record Net Income and Adjusted EBITDARaises Full Year Income from Continuing Operations, Free cash flow and Adjusted EBITDA Guidance

ATLANTA, April 24 /PRNewswire-FirstCall/ -- EarthLink, Inc. today announced financial results for its first quarter ended March 31, 2008. Highlights for the quarter include:

-- Income from continuing operations of $57.8 million, or $0.52 per share -- Net income of $54.4 million, or $0.49 per share -- Adjusted EBITDA (a non-GAAP measure) of $82.1 million -- Free cash flow (a non-GAAP measure) of $81.7 million -- Increased full year adjusted EBITDA (a non-GAAP measure) guidance to $245 million - $260 million

"Clearly, we are very pleased with our first quarter results. Our performance in the quarter is a testament to the hard work and dedication of our employees who put our commitments to customers and shareholders above everything else," said Rolla P. Huff, EarthLink's chairman and chief executive officer. "As a result of the stability we are seeing in the churn rates of our tenured customers, as well as our better than expected expense optimization across every part of the company, we are increasing our guidance for full year Adjusted EBITDA, free cash flow and income from continuing operations," continued Huff.

Financial and Operating Results Revenue

As part of the restructuring analysis that was done during the third quarter of 2007, EarthLink determined that the increase in early life churn profiles of many newly acquired narrowband customers meant that we were no longer generating a positive financial return on our sales and marketing investments. EarthLink significantly reduced these activities, which historically have been primarily to replace customer churn. This change allows the narrowband subscriber base to decline to a more sustainable customer level while generating significantly higher cash returns. As a result of these expected subscriber declines, total company revenues were $263.1 million, an 18.8 percent decrease compared to the first quarter 2007.

Profitability and Other Financial Measures

EarthLink realized $57.8 million, or $0.52 per share, in income from continuing operations in the first quarter of 2008, compared to $(22.4) million, or $(0.18) per share, in the first quarter of 2007. The significant improvement was primarily the result of a decrease in expense related to acquiring and supporting new customers that, because of early life churn, were no longer providing a positive shareholder return. Additionally, EarthLink realized a reduction in equity method losses compared to the first quarter of 2007, which were partially offset by an increase in the company's income tax provision in the first quarter of 2008.

EarthLink generated Adjusted EBITDA (a non-GAAP measure, see definition in "Non-GAAP Measures" below) of $82.1 million for the first quarter of 2008, compared to $23.6 million in the first quarter of 2007. This increase was the result of the significant improvement in income from continuing operations noted above.

Net income was $54.4 million, or $0.49 per share, for the first quarter of 2008, compared to a net loss of $(30.0) million, or $(0.24) per share, for the first quarter of 2007. Our first quarter 2008 results include a loss of ($3.4) million from our discontinued operations for the municipal Wi-Fi assets, compared to a loss of $(7.6) million during the first quarter of 2007.

Subsequent to the end of the first quarter of 2008, EarthLink reached agreements with the cities of Corpus Christi, TX and Milpitas, CA to transfer ownership of our municipal Wi-Fi assets to those respective cities. Additionally, EarthLink will terminate municipal Wi-Fi service in New Orleans, LA and remove its network from the market.

Balance Sheet and Cash Flow

Free cash flow (a non-GAAP measure, see definition in "Non-GAAP Measures" below) was $81.7 million during the first quarter of 2008 compared to $8.0 million during the first quarter of 2007. The improvement was the result of the significant increase in Adjusted EBITDA in the first quarter 2008, coupled with a $15.2 million decrease in capital expenditures and subscriber base acquisitions in the quarter compared to the first quarter of 2007.

The company repurchased 1.3 million shares of its outstanding common stock for $9.1 million in the first quarter of 2008 and had $191.9 million remaining under its share repurchase program as of the end of the quarter.

EarthLink ended the first quarter with $320.0 million in cash and marketable securities, an increase of $31.4 million from December 31, 2007. Additionally, in April 2008, as a result of Platinum Equity's acquisition of Covad, EarthLink received $50.8 million in complete repayment of our debt investment in Covad. The Company will receive an additional $6.3 million in May 2008 in payment of our equity investment in Covad.

Non-GAAP Measures

Adjusted EBITDA is defined as income (loss) from continuing operations before interest income and other, net, income taxes, depreciation and amortization, stock-based compensation expense under SFAS No. 123( R ), net losses of equity affiliate, gain (loss) on investments in other companies, net, and facility exit, restructuring and other costs.

Free cash flow is defined as income from continuing operations before interest income and other, net, income taxes, facility exit, restructuring and other costs, stock-based compensation expense under SFAS No. 123( R ), net losses of equity affiliate, gain (loss) on investments in other companies, net, and depreciation and amortization, less cash used for purchases of property and equipment and purchases of subscriber bases.

Adjusted EBITDA and free cash flow are non-GAAP financial performance measures. They should not be considered in isolation or as an alternative to measures determined in accordance with U.S. generally accepted accounting principles. Please refer to the Consolidated Financial Highlights for a reconciliation of these non-GAAP financial performance measures to the most comparable measures reported in accordance with U.S. generally accepted accounting principles and Footnote 3 of the Consolidated Financial Highlights for a discussion of the presentation, comparability and use of such financial performance measures.

Business Outlook

These statements are forward-looking, and actual results may differ materially. See comments under "Cautionary Information Regarding Forward-Looking Statements" below. EarthLink undertakes no obligation to update these statements.

For the full year 2008, management is increasing its previously issued guidance. Management now expects to generate Adjusted EBITDA of $245 million to $260 million, income from continuing operations of $153 million to $163 million, and free cash flow of $215 million to $235 million.

Conference Call for Analysts and Investors

Investors in the U.S. and Canada interested in participating in the conference call on April 24, 2008 at 8:30 a.m. Eastern Daylight Time (EDT) may dial 1-800-706-0730 and reference the EarthLink call. Other international investors may dial 1-706-634-5173 and also reference the EarthLink call. EarthLink recommends dialing into the call approximately 10 minutes prior to the scheduled start time.

A taped replay will be available beginning at 10:30 a.m. EDT on April 24, 2008 through midnight on May 1, 2008 by dialing 1-800-642-1687. International callers should dial 1-706-645-9291. The replay confirmation code is 41005794.

The Webcast of this call will be archived on EarthLink's site at: http://ir.earthlink.net/events.cfm

About EarthLink

"EarthLink. We revolve around you(TM)." As the nation's next generation Internet service provider, Atlanta-based EarthLink has earned an award-winning reputation for outstanding customer service and its suite of online products and services. EarthLink offers what every user should expect from their Internet experience: high-quality connectivity, minimal online intrusions and customizable features. Whether it's dial-up, high-speed, voice, web hosting, wireless or "EarthLink Extras" like home networking or security, EarthLink connects people to the power and possibilities of the Internet. Learn more about EarthLink by calling (800) EARTHLINK or visiting EarthLink's Web site at http://www.earthlink.net/ .

Cautionary Information Regarding Forward-Looking Statements

This press release includes "forward-looking" statements (rather than historical facts) that are subject to risks and uncertainties that could cause actual results to differ materially from those described. Although we believe that the expectations expressed in these forward-looking statements are reasonable, we cannot promise that our expectations will turn out to be correct. Our actual results could be materially different from and worse than our expectations. We disclaim any obligation to update any forward-looking statements contained herein, except as may be required pursuant to applicable law. With respect to forward-looking statements in this press release, the company seeks the protections afforded by the Private Securities Litigation Reform Act of 1995. These risks include, without limitation, (1) that changes to our business strategy may reduce our revenues and profitability; (2) that the continued decline of our consumer access services revenues could adversely affect our profitability; (3) that prices for certain of our consumer access services have been decreasing, which could adversely affect our revenues and profitability; (4) that we might not realize the benefits we are seeking from the corporate restructuring plan announced in August 2007 and our corporate restructuring plan might have a negative effect on our efforts to maintain our subscribers and our relationships with our business partners; (5) that as a result of our continuing review of our business, we may have to undertake further restructuring plans that would require additional charges including incurring facility exit and restructuring charges; (6) that we face significant competition which could reduce our market share and reduce our profitability; (7) that we may be unsuccessful in making and integrating acquisitions and investments into our business, which could result in operating difficulties, losses and other adverse consequences; (8) that we may not be able to successfully manage the costs associated with delivering our broadband services, which could adversely affect our results of operations; (9) that companies may not provide access to us on a wholesale basis or on reasonable terms or prices, which could cause our operating results to suffer; (10) that if we do not continue to innovate and provide products and services that are useful to subscribers, we may not remain competitive, and our revenues and operating results could suffer; (11) that our commercial and alliance arrangements may be terminated or may not be as beneficial as anticipated, which could adversely affect our ability to retain or increase our subscriber base; (12) that our business may suffer if third parties used for technical and customer support and certain billing services are unable to provide these services, cannot expand to meet our needs or terminate their relationships with us; (13) that service interruptions or impediments could harm our business; (14) that government regulations could adversely affect our business or force us to change our business practices; (15) that we may not be able to protect our proprietary technologies; (16) that we may be accused of infringing upon the intellectual property rights of third parties, which is costly to defend and could limit our ability to use certain technologies in the future; (17) that we could face substantial liabilities if we are unable to successfully defend against legal actions; (18) that our business depends on the continued development of effective business support systems, processes and personnel; (19) that we may be unable to hire and retain sufficient qualified personnel, and the loss of any of our key executive officers could adversely affect us; (20) that our VoIP business exposes us to certain risks that could cause us to lose customers, expose us to significant liability or otherwise harm our business; (21) that we may not be able to sell our municipal Wi-Fi assets and that we may incur additional losses related to these operations; (22) that we may not realize the benefits we sought from our investments in the HELIO joint venture; (23) that the use of our net operating losses and certain other tax attributes could be limited in the future; (24) that our stock price has been volatile historically and may continue to be volatile; (25) that our indebtedness could adversely affect our financial health and limit our ability to react to changes in our industry; (26) that the convertible notes hedge and warrant transactions may affect the value of our common stock; and (27) that provisions of our second restated certificate of incorporation, amended and restated bylaws and other elements of our capital structure could limit our share price and delay a change of management. These risks and uncertainties, as well as other risks and uncertainties that could cause our actual results to differ significantly from management's expectations, are not intended to represent a complete list of all risks and uncertainties inherent in our business, and should be read in conjunction with the more detailed cautionary statements and risk factors included in our Annual Report on Form 10-K for the year ended December 31, 2007.

EARTHLINK, INC. Unaudited Condensed Consolidated Statements Of Operations (in thousands, except per share data) Three Months Ended March 31, 2007 2008 Revenues: Access and service $289,755 $234,849 Value-added services 34,392 28,225 Total revenues 324,147 263,074 Operating costs and expenses: Service and equipment costs 109,791 96,792 Sales incentives 4,604 759 Total cost of revenues 114,395 97,551 Sales and marketing 99,269 30,916 Operations and customer support 60,072 39,224 General and administrative 43,261 24,926 Amortization of intangible assets 3,496 4,013 Facility exit, restructuring and other costs (1) - 1,030 Total operating costs and expenses 320,493 197,660 Income from operations 3,654 65,414 Net losses of equity affiliate (29,346) - Interest income and other, net 3,503 1,616 Income (loss) from continuing operations before income taxes (22,189) 67,030 Income tax provision (169) (9,274) Income (loss) from continuing operations (22,358) 57,756 Loss from discontinued operations (2) (7,604) (3,392) Net income (loss) $(29,962) $54,364 Basic net income (loss) per share Continuing operations $(0.18) $0.53 Discontinued operations (0.06) (0.03) Basic net income (loss) per share $(0.24) $0.50 Basic weighted average common shares outstanding 123,058 109,493 Diluted net income (loss) per share Continuing operations $(0.18) $0.52 Discontinued operations (0.06) (0.03) Diluted net income (loss) per share $(0.24) $0.49 Diluted weighted average common shares outstanding 123,058 110,300 EARTHLINK, INC. Reconciliation of Income (Loss) from Continuing Operations to Adjusted EBITDA (3) (in thousands) Three Months Ended March 31, 2007 2008 Income (loss) from continuing operations $(22,358) $57,756 Provision for income taxes 169 9,274 Depreciation and amortization 12,089 10,482 Stock-based compensation expense 7,880 5,152 Net losses of equity affiliate 29,346 - Interest income and other, net (3,503) (1,616) Facility exit, restructuring and other costs (1) - 1,030 Adjusted EBITDA (3) $23,623 $82,078 Depreciation - cost of revenues $4,860 $3,436 Depreciation - other 3,733 3,033 Amortization of intangible assets 3,496 4,013 Depreciation and amortization $12,089 $10,482 EARTHLINK, INC. Reconciliation of Income (Loss) From Continuing Operations to Free Cash Flow (3) (in thousands) Three Months Ended March 31, 2007 2008 Income (loss) from continuing operations $(22,358) $57,756 Provision for income taxes 169 9,274 Depreciation and amortization 12,089 10,482 Stock-based compensation expense 7,880 5,152 Net losses of equity affiliate 29,346 - Interest income and other, net (3,503) (1,616) Facility exit, restructuring and other costs (1) - 1,030 Purchases of property and equipment (13,724) (278) Purchases of subscriber bases (1,865) (117) Free cash flow (3) $8,034 $81,683 EARTHLINK, INC. Reconciliation of Guidance Provided in Non-GAAP Measures (3) (in millions) Year Ending December 31, 2008 Income from continuing operations $153 - $163 Depreciation 27 Amortization of intangible assets 15 Stock-based compensation expense 20 Income tax provision 20 - 25 Facility exit, restructuring and other costs (1) 12 Interest income and other, net (2) Adjusted EBITDA (3) $245 - $260 Year Ending December 31, 2008 Income from continuing operations $153 - $163 Depreciation 27 Amortization of intangible assets 15 Stock-based compensation expense 20 Income tax provision 20 - 25 Facility exit, restructuring and other costs (1) 12 Interest income and other, net (2) Purchases of property and equipment (25) - (30) Free cash flow (3) $215 - $235 EARTHLINK, INC. Supplemental Financial Data and Key Operating Metrics March 31, December 31, March 31, 2007 2007 2008 Balance Sheet Data (in thousands) Cash and marketable securities $367,356 $288,595 $320,023 Long-term debt 258,750 258,750 258,750 Stockholders' equity 432,296 261,473 313,426 Employee Data Number of employees at end of period (4) 2,108 983 922 March 31, December 31, March 31, 2007 2007 2008 Subscriber Data (5) Consumer services Narrowband access subscribers 3,208,000 2,624,000 2,368,000 Broadband access subscribers (6) 1,847,000 1,059,000 1,026,000 Total consumer subscribers 5,055,000 3,683,000 3,394,000 Business services Narrowband access subscribers 36,000 27,000 25,000 Broadband access subscribers 69,000 66,000 65,000 Web hosting accounts 109,000 100,000 97,000 Total business subscribers 214,000 193,000 187,000 Total subscribers at end of period 5,269,000 3,876,000 3,581,000 Three Months Ended March 31, 2007 2008 Subscriber Activity Subscribers at beginning of period 5,313,000 3,876,000 Gross organic subscriber additions 668,000 253,000 Churn (712,000) (548,000) Subscribers at end of period 5,269,000 3,581,000 Churn Rate (7) 4.5% 4.9% Consumer Data Average subscribers (8) 5,085,000 3,538,000 ARPU (9) $18.13 $20.38 Churn rate (7) 4.6% 5.0% Business Data Average subscribers (8) 217,000 190,000 ARPU (9) $73.32 $81.88 Churn rate (7) 2.7% 2.7% EARTHLINK, INC. Supplemental Schedule of Segment Information (10) (in thousands) Three Months Ended March 31, 2007 2008 Consumer Services Revenues Access and service $242,800 $188,971 Value-added services 33,593 27,373 Total revenues 276,393 216,344 Cost of revenues 84,353 71,173 Gross margin 192,040 145,171 Segment operating expenses 159,333 61,001 Segment income from operations $32,707 $84,170 Business Services Revenues Access and service $46,955 $45,878 Value-added services 799 852 Total revenues 47,754 46,730 Cost of revenues 30,042 26,378 Gross margin 17,712 20,352 Segment operating expenses 16,668 14,871 Segment income from operations $1,044 $5,481 Consolidated Revenues Access and service $289,755 $234,849 Value-added services 34,392 28,225 Total revenues 324,147 263,074 Cost of revenues 114,395 97,551 Gross margin 209,752 165,523 Direct segment operating expenses 176,001 75,872 Segment income from operations 33,751 89,651 Stock-based compensation expense 7,880 5,152 Amortization of intangible assets 3,496 4,013 Facility exit, restructuring and other costs (1) - 1,030 Other operating expenses 18,721 14,042 Income from operations $3,654 $65,414 EARTHLINK, INC. Footnotes to Consolidated Financial Highlights 1. Facility exit, restructuring and other costs consisted of the following for the periods presented: Three Months Ended March 31, 2007 2008 (in thousands) Facility exit and restructuring costs for the 2007 Plan $- $1,093 Facility exit and restructuring costs for Legacy Plans - (63) $- $1,030 In August 2007, EarthLink adopted a restructuring plan (the "2007 Plan") to reduce costs and improve the efficiency of the Company's operations. The Plan was the result of a comprehensive review of operations within and across the Company's functions and businesses. Under the Plan, the Company reduced its workforce by approximately 900 employees, consolidated its office facilities in Atlanta, Georgia and Pasadena, California and closed office facilities in Orlando, Florida; Knoxville, Tennessee; Harrisburg, Pennsylvania and San Francisco, California. The Plan was primarily implemented during the later half of 2007 and is expected to be completed during the first half of 2008. As a result of the 2007 Plan, EarthLink recorded $1.1 million of facility exit and restructuring costs during the first quarter of 2008. 2. The Company has reflected its municipal wireless broadband results of operations as discontinued operations for all periods presented. The following is summarized results of operations related to the Company's discontinued operations for the periods presented: Three Months Ended March 31, 2007 2008 (in thousands) Revenues $259 $737 Operating costs and expenses (7,863) (2,180) Impairment charges - (1,949) Loss from discontinued operations $(7,604) $(3,392) 3. Adjusted EBITDA is defined as income (loss) from continuing operations before interest income and other, net, income taxes, depreciation and amortization, stock-based compensation under SFAS No. 123( R ), net losses of equity affiliate, gain (loss) on investments in other companies, net, and facility exit, restructuring and other costs. Free cash flow is defined as income (loss) from continuing operations before interest income and other, net, income taxes, depreciation and amortization, stock-based compensation under SFAS No. 123( R ), net losses of equity affiliate, gain (loss) on investments in other companies, net, and facility exit, restructuring and other costs, less cash used for purchases of property and equipment and purchases of subscriber bases. Adjusted EBITDA and free cash flow are non-GAAP measures and are not determined in accordance with U.S. generally accepted accounting principles. These financial performance measures are not indicative of cash provided or used by operating activities and may differ from comparable information provided by other companies, and they should not be considered in isolation, as an alternative to, or more meaningful than measures of financial performance determined in accordance with U.S. generally accepted accounting principles. These financial performance measures are commonly used in the industry and are presented because EarthLink believes they provide relevant and useful information to investors. EarthLink utilizes these financial performance measures to assess its ability to meet future capital expenditures and working capital requirements, to incur indebtedness if necessary, and to fund continued growth. EarthLink also uses these financial performance measures to evaluate the performance of its business, for budget planning purposes and as factors in its employee compensation programs. Since the elements of these financial performance measures are determined using the accrual basis of accounting and exclude the effects of certain capital, financing, acquisition-related, and facility exit, restructuring and other costs, investors should use them to analyze and compare companies on the basis of current period operating performance. 4. Represents full-time equivalents. 5. Subscriber counts do not include nonpaying customers. Customers receiving service under promotional programs that include periods of free service at inception are not included in subscriber counts until they become paying customers. 6. Paying customers who subscribe to EarthLink DSL and Home Phone service are counted as both a broadband subscriber and a voice subscriber. 7. Churn rate is used to measure the rate at which subscribers discontinue service on a voluntary or involuntary basis. Churn rate is computed by dividing the average monthly number of subscribers that discontinued service during the period by the average subscribers for the period. 8. Average subscribers for the three month periods is calculated by averaging the ending monthly subscribers or accounts for the four months preceding and including the end of the quarterly period. 9. ARPU represents the average monthly revenue per user (subscriber). ARPU is computed by dividing average monthly revenue for the period by the average number of subscribers for the period. Average monthly revenue used to calculate ARPU includes recurring service revenue as well as nonrecurring revenues associated with equipment and other one- time charges associated with initiating or discontinuing services. 10. EarthLink's business segments are strategic business units that are managed based upon differences in customers, services and marketing channels. EarthLink's Consumer Services segment is a provider of integrated communications services and related value-added services to individual customers. These services include dial-up Internet access, high-speed Internet access and voice service, among others. EarthLink's Business Services segment is a provider of integrated communications services and related value-added services to businesses and communications carriers. These services include managed data networks, dedicated Internet access and web hosting, among others. EarthLink evaluates performance of its operating segments based on segment income from operations. Segment income from operations includes revenues from external customers, related cost of revenues and operating expenses directly attributable to the segment, which include expenses over which segment managers have direct discretionary control, such as advertising and marketing programs, customer support expenses, site operations expenses, product development expenses, certain technology and facilities expenses, billing operation and provisions for doubtful accounts. Segment income from operations excludes other income and expense items and certain expenses that segment managers do not have discretionary control over. Costs excluded from segment income from operations include various corporate expenses (consisting of certain costs such as corporate management, human resources, finance and legal), amortization of intangible assets, stock-based compensation expense under SFAS No. 123( R ) and facility exit and restructuring costs, as they are not evaluated in the measurement of segment performance.

EarthLink

CONTACT: Media, Christopher Marshall, +1-404-748-6217, +1-678-592-9389
(mobile), marshallch@corp.earthlink.net, or Investors, Michael Gallentine,
+1-404-748-7153, +1-404-395-5155 (mobile), gallentineml@corp.earthlink.net,
both of EarthLink

Web site: http://www.earthlink.net/
http://ir.earthlink.net/events.cfm

Motorola Announces First-Quarter Financial Results- First-quarter sales of $7.45 billion- First-quarter GAAP loss from continuing operations of $0.09 per share, including net charges of $0.04 per share from highlighted items- Mobile Devices sales declined 39 percent versus prior-year quarter- Continued growth in Home and Networks Mobility and Enterprise Mobility Solutions businesses- Planning underway to create two independent, publicly traded companies

SCHAUMBURG, Ill., April 24 /PRNewswire-FirstCall/ -- Motorola, Inc. today reported sales of $7.45 billion in the first quarter of 2008. The net loss from continuing operations in the first quarter of 2008 was $194 million, or $0.09 per share. The net loss from continuing operations includes net charges of $0.04 per share from highlighted items, primarily related to a charge associated with workforce reductions.

The Company had an operating cash outflow of $343 million and ended the quarter with a net cash* position of $3.5 billion.

"During the first quarter, we made an important strategic decision to separate the Company, creating two independent, publicly traded entities," said Greg Brown, president and chief executive officer. "Improving the product portfolio in Mobile Devices and positioning both businesses for future success remains a top priority. Our Home and Networks Mobility and Enterprise Mobility Solutions businesses continue to expand their portfolios of solutions, grow internationally and deliver solid financial results."

Operating Results

Mobile Devices segment sales were $3.3 billion, down 39 percent compared to the year-ago quarter. The operating loss was $418 million, compared to an operating loss of $233 million in the year-ago quarter. During the quarter, the Company shipped 27.4 million handsets.

Mobile Devices highlights: -- Began shipping six new devices during the quarter, including the ROKR U9 music phone and several W-Series devices for the mass market -- Introduced and began shipping the HSDPA MOTO Z9, a slider design with innovative features such as Motorola CrystalTalk(TM) audio-enhancing technology, video share and navigation; expanded the MOTO Q family of smartphones, by announcing the MOTO Q(TM) 9c and MOTO Q(TM) 9c lime -- Completed the acquisition of Soundbuzz Pte., Ltd., a leading pan-Asian music provider

Home and Networks Mobility segment sales were $2.4 billion, up 2 percent compared to the year-ago quarter. Operating earnings were $153 million, compared to operating earnings of $167 million in the year-ago quarter.

Home and Networks Mobility highlights: -- Strong demand for High Definition and DVR devices resulted in shipments of over four million digital entertainment devices during the quarter, including a milestone three millionth IP device to-date -- Sales outside North America grew 30 percent compared to the year-ago quarter, led by Europe and Latin America -- Continued leadership in WiMAX with significant wins in Saudi Arabia and Taiwan -- Announced several portfolio expansions, including a common wireless broadband platform to support both WiMAX and LTE and a family of MPEG-4 capable digital entertainment devices -- Announced major GSM awards in Saudi Arabia totaling nearly $500 million -- Acquired a leading Chinese digital cable company, Dahua Digital, enabling a broader digital device portfolio for the Chinese market

Enterprise Mobility Solutions segment sales were $1.8 billion, up 5 percent compared to the year-ago quarter. Operating earnings increased to $250 million, compared to operating earnings of $131 million in the year-ago quarter.

Enterprise Mobility Solutions highlights: -- Strong international demand continued in commercial enterprise and public safety markets as sales outside of North America grew by 23 percent compared to the year-ago quarter -- Key international systems wins including a digital communications award from the Royal Malaysian Police -- Introduced the RFS6000 LAN solution to provide mid-size enterprises a low-cost, all-wireless solution and expanded the wireless broadband portfolio with the introduction of an OFDM-based Canopy 400 solution -- Acquired majority ownership of Vertex Standard, which opens up new market opportunities and enables a broader product portfolio for customers worldwide Second-Quarter 2008 Outlook

The Company's outlook for the second quarter is a loss from continuing operations of $0.02 to $0.04 per share. This outlook excludes any reorganization of business charges associated with the Company's operating expense reduction initiatives, as well as any other items of the variety highlighted by the Company in its quarterly earnings releases.

Consolidated GAAP Results A comparison of results from operations is as follows: First Quarter --------------- (In millions, except 2008 2007 per share amounts) ------ ------ ------------------------------------------------------------------------ Net sales $ 7,448 $ 9,433 Gross margin 2,145 2,454 Operating loss (269) (366) Loss from continuing operations (194) (218) Net loss (194) (181) Diluted loss per common share: Continuing operations $(0.09) $(0.09) Discontinued operations - 0.01 ----------------------- $(0.09) $(0.08) ----------------------- Weighted average diluted common shares outstanding 2,257.0 2,372.3 ------------------------------------------------------------------------ Conference Call and Webcast

Motorola will host its quarterly conference call beginning at 8:00 a.m. Eastern Time (USA) on Thursday, April 24, 2008. The conference call will be web-cast live with audio and slides at http://www.motorola.com/investor.

Definitions * Net Cash equals Cash and cash equivalents plus Sigma Fund (current and non-current) plus Short-term investments minus Notes payable and current portion of long-term debt minus Long-term debt. Business Risks

This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, Motorola's financial outlook for the second quarter of 2008. Motorola cautions the reader that the risk factors below, as well as those on pages 18 through 27 in Item 1A of Motorola's 2007 Annual Report on Form 10-K and in its other SEC filings, could cause Motorola's actual results to differ materially from those estimated or predicted in the forward-looking statements. Factors that may impact forward-looking statements include, but are not limited to: (1) the Company's ability to improve financial performance and increase market share in its Mobile Devices business; (2) the level of demand for the Company's products; (3) the Company's ability to introduce new products and technologies in a timely manner; (4) the possible negative effects on the Company's business operations, financial performance or assets as it moves forward with plans to create two independent, publicly traded companies; (5) unexpected negative consequences from the Company's ongoing restructuring and cost-reduction activities; (6) the uncertainty of current economic and political conditions, as well as the economic outlook for the telecommunications and broadband industries; (7) the impact of tax relief, interest rate reduction and liquidity infusion efforts to stimulate the economy; (8) the Company's ability to purchase sufficient materials, parts and components to meet customer demand; (9) risks related to dependence on certain key suppliers; (10) the impact on the Company's performance and financial results from strategic acquisitions or divestitures, including those that may occur in the future; (11) risks related to the Company's high volume of manufacturing and sales in Asia; (12) the creditworthiness of the Company's customers and distributors, particularly purchasers of large infrastructure systems; (13) variability in income received from licensing the Company's intellectual property to others, as well as expenses incurred when the Company licenses intellectual property from others; (14) unexpected liabilities or expenses, including unfavorable outcomes to any pending or future litigation or regulatory or similar proceedings, including without limitation any relating to the Iridium project; (15) the impact on the Company from volatility in the commercial paper, debt and equity markets; (16) the impact of foreign currency fluctuations; (17) the impact on the Company from continuing hostilities in other countries; (18) the impact on the Company from ongoing consolidation in the telecommunications and broadband industries; (19) the impact of changes in governmental policies, laws or regulations; (20) the outcome of currently ongoing and future tax matters; and (21) negative consequences from the Company's outsourcing of various activities, including certain manufacturing, information technology and administrative functions. Motorola undertakes no obligation to publicly update any forward-looking statement or risk factor, whether as a result of new information, future events or otherwise.

About Motorola

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

Motorola, Inc. and Subsidiaries Condensed Consolidated Statements of Operations (In millions, except per share amounts) Three Months Ended -------------------------------- March 29, December 31, March 31, 2008 2007 2007 --------- ------------ --------- Net sales $7,448 $9,646 $9,433 Costs of sales 5,303 7,106 6,979 --------- ------------ --------- Gross margin 2,145 2,540 2,454 --------- ------------ --------- Selling, general and administrative expenses 1,183 1,273 1,313 Research and development expenditures 1,054 1,097 1,117 Other charges (income) 94 101 200 Intangibles amortization and IPR&D 83 88 190 --------- ------------ --------- Operating loss (269) (19) (366) --------- ------------ --------- Other income (expense): Interest income (expense), net (2) 11 41 Gains (loss) on sales of investments and businesses, net 19 41 (1) Other (9) - (1) --------- ------------ --------- Total other income (expense) 8 52 39 --------- ------------ --------- Earnings (loss) from continuing operations before income taxes (261) 33 (327) Income tax benefit (67) (78) (109) --------- ------------ --------- Earnings (loss) from continuing operations (194) 111 (218) Earnings (loss) from discontinued operations, net of tax - (11) 37 --------- ------------ --------- Net earnings (loss) $(194) $100 $(181) --------- ------------ --------- Earnings (loss) per common share -------------------------------- Basic: Continuing operations $(0.09) $0.05 $(0.09) Discontinued operations - (0.01) 0.01 --------- ------------ --------- $(0.09) $0.04 $(0.08) ========= ============ ========= Diluted: Continuing operations $(0.09) $0.05 $(0.09) Discontinued operations - (0.01) 0.01 --------- ------------ --------- $(0.09) $0.04 $(0.08) ========= ============ ========= Weighted average common shares outstanding ------------------------------ Basic 2,257.0 2,280.7 2,372.3 Diluted 2,257.0 2,307.9 2,372.3 Dividends paid per share $0.05 $0.05 $0.05 --------- ------------ --------- Percentage of Net Sales* -------------------------------- Net sales 100% 100% 100% Costs of sales 71.2% 73.7% 74.0% --------- ------------ --------- Gross margin 28.8% 26.3% 26.0% --------- ------------ --------- Selling, general and administrative expenses 15.9% 13.2% 13.9% Research and development expenditures 14.2% 11.4% 11.8% Other charges (income) 1.3% 1.0% 2.1% Intangibles amortization and IPR&D 1.1% 0.9% 2.0% --------- ------------ --------- Operating loss -3.6% -0.2% -3.9% --------- ------------ --------- Other income (expense): Interest income (expense), net 0.0% 0.1% 0.4% Gains (loss) on sales of investments and businesses, net 0.3% 0.4% 0.0% Other -0.1% 0.0% 0.0% --------- ------------ --------- Total other income (expense) 0.1% 0.5% 0.4% --------- ------------ --------- Earnings (loss) from continuing operations before income taxes -3.5% 0.3% -3.5% Income tax benefit -0.9% -0.8% -1.2% --------- ------------ --------- Earnings (loss) from continuing operations -2.6% 1.2% -2.3% Earnings (loss) from discontinued operations, net of tax 0.0% -0.1% 0.4% --------- ------------ --------- Net earnings (loss) -2.6% 1.0% -1.9% --------- ------------ --------- * Percents may not add up due to rounding Motorola, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (In millions) March 29, December 31, March 31, 2008 2007 2007 ---------- ------------- --------- Assets Cash and cash equivalents $2,693 $2,752 $2,737 Sigma Fund 3,890 5,242 5,417 Short-term investments 465 612 801 Accounts receivable, net 4,770 5,324 6,811 Inventories, net 2,941 2,836 3,301 Deferred income taxes 1,951 1,891 1,834 Other current assets 3,773 3,565 2,818 ---------- ------------- --------- Total current assets 20,483 22,222 23,719 ---------- ------------- --------- Property, plant and equipment, net 2,577 2,480 2,545 Sigma Fund 673 - - Investments 801 837 909 Deferred income taxes 2,679 2,454 2,119 Goodwill 4,517 4,499 4,454 Other assets 2,403 2,320 2,624 ---------- ------------- --------- Total assets $34,133 $34,812 $36,370 ========== ============= ========= Liabilities and Stockholders' Equity Notes payable and current portion of long-term debt $174 $332 $1,757 Accounts payable 3,660 4,167 4,010 Accrued liabilities 7,942 8,001 9,062 ---------- ------------- --------- Total current liabilities 11,776 12,500 14,829 ---------- ------------- --------- Long-term debt 4,074 3,991 2,596 Other liabilities 3,103 2,874 4,146 Stockholders' equity 15,180 15,447 14,799 ---------- ------------- --------- Total liabilities and stockholders' equity $34,133 $34,812 $36,370 ---------- ------------- --------- Financial Ratios*: Days Sales Outstanding (including net Long-term receivables) 58 50 65 Cash Conversion Cycle 46 33 56 ROIC 3% 4% 21% Net Cash $3,473 $4,283 $4,602 * Defined in the Financial Ratios Definitions table Motorola, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In millions, except per share amounts) Three Months Ended --------------------------------- March 29, December 31, March 31, 2008 2007 2007 --------- ------------- --------- Operating Net earnings (loss) $(194) $100 $(181) Less: Earnings (loss) from discontinued operations - (11) 37 --------- ------------- --------- Earnings (loss) from continuing operations (194) 111 (218) Adjustments to reconcile loss from continuing operations to net cash provided by (used for) operating activities: Depreciation and amortization 204 221 219 Deferred income taxes (278) (285) (181) Other, net 58 86 186 Changes in operating assets and liabilities, net (133) 337 2 --------- ------------- --------- Net cash provided by (used for) operating activities from continuing operations (343) 470 8 --------- ------------- --------- Investing Acquisitions and investments, net (140) (85) (4,131) Proceeds from sales of investments and businesses 21 336 50 Capital expenditures (111) (134) (92) Proceeds from sales (purchases) of Sigma Fund investments, net 631 (265) 6,787 Other, net 152 494 (127) --------- ------------- --------- Net cash provided by investing activities from continuing operations 553 346 2,487 --------- ------------- --------- Financing Issuance of common stock 6 151 46 Purchase of common stock (138) (557) (2,360) Other, net (283) 14 (215) --------- ------------- --------- Net cash used for financing activities from continuing operations (415) (392) (2,529) --------- ------------- --------- Effect of exchange rate changes on cash and cash equivalents from continuing operations 146 13 (45) Net cash provided by (used for) discontinued operations - - - --------- ------------- --------- Net increase (decrease) in cash and cash equivalents (59) 437 (79) Cash and cash equivalents, beginning of period 2,752 2,315 2,816 --------- ------------- --------- Cash and cash equivalents, end of period $2,693 $2,752 $2,737 --------- ------------- --------- Motorola, Inc. and Subsidiaries Segment Information (In millions) Summarized below are the Company's net sales and operating earnings (loss) by reportable segment for the quarters ended March 29, 2008 and March 31, 2007. Net Sales ------------------------------------ Quarter Ended Quarter Ended %Change March 29, March 31, from 2008 2007 2007 ------------- ------------- ------- Mobile Devices $3,299 $5,408 -39% Home and Networks Mobility 2,383 2,337 2% Enterprise Mobility Solutions 1,806 1,717 5% ------------- ------------- Segment Totals 7,488 9,462 -21% Other and Eliminations (40) (29) 38% ------------- ------------- Company Totals $7,448 $9,433 -21% ============= ============= Operating Earnings (Loss) --------------------------- Quarter Ended Quarter Ended March 29, March 31, 2008 2007 ------------- ------------- Mobile Devices $(418) $(233) Home and Networks Mobility 153 167 Enterprise Mobility Solutions 250 131 ------------- ------------- Segment Totals (15) 65 Other and Eliminations (254) (431) ------------- ------------- Company Totals $(269) $(366) ============= ============= Motorola, Inc. and Subsidiaries Financial Ratios Definitions Net Cash = Cash and cash equivalents + Sigma Fund (current and non-current) + Short-term investments - Note payable and current portion of long-term debt - Long-term Debt Cash Conversion Cycle = DSO + DIO - DPO -- Days sales outstanding (DSO) = (Accounts receivable + Long-term receivables) / (Three months of net sales / 90) -- Days sales in inventory (DSI) = Inventory / (Three months of cost of sales / 90) -- Days payable outstanding (DPO) = Accounts payable / (Three months of cost of sales / 90) Return on Invested Capital (ROIC) (12 mth Rolling Operating Earnings excluding Highlighted Items and including Foreign Currency Gain/(Loss)) Tax Affected Rolling ---------------------------------------------------- ROIC = 4 Quarter Average (Stockholders' Equity + Total Debt - Excess Cash*) * Excess Cash = Rolling 4 Quarter Average of Total Cash** - 5% of Rolling Net Sales ** Total Cash = Cash and cash equivalents + Sigma Fund (current and non-current) + Short-term investments

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

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

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

uBid.com Holdings, Inc. Appoints Investor Awareness, Inc. for Investor Relations Program

CHICAGO, April 24 /PRNewswire-FirstCall/ -- uBid.com Holdings, Inc. (BULLETIN BOARD: UBHI) , the leading asset recovery solutions company for the world's most trusted brands, today announced it has retained Investor Awareness, Inc. to provide investor relations services, including raising the company's visibility among members of the financial community.

"This is an exciting time in uBid.com Holdings' history and we welcome the opportunity to help communicate the company's story and plans for the future," said Tony Schor, President of Investor Awareness, Inc. "Under the direction of its Chief Executive Officer, Jeff Hoffman, uBid.com Holdings is developing new business strategies that we will be broadly communicating to the investor community. We look forward to working with Mr. Hoffman, a successful Internet entrepreneur who was a founding member of the Priceline.com executive team and who has had a long and winning track record in the fields of on-line auction, retail, software and entertainment."

"We selected Investor Awareness as our IR counsel because of their track record in helping position growth companies among investors," said Jeff Hoffman, CEO, uBid.com Holdings. "With Investor Awareness, we will be able to showcase upcoming plans to take our company to the next level."

Founded in 1994, Chicago-based Investor Awareness, Inc., a full service investor and media relations consulting firm, provides private and publicly traded companies with customized programs to generate awareness among members of the financial community. Investor Awareness specializes in accelerating growth in the value of small to mid-size companies.

For more information please visit http://www.ubid.com/. About uBid.com Holdings, Inc.

uBid Holdings, Inc. is the world's leading excess inventory solutions company that links brand name sellers with customers throughout the United States. uBid Holdings, Inc. does this through its multi-channel asset-recovery solution that includes an online auction platform located at http://www.ubid.com/, physical facilities liquidation and a business-to-business selling platform. Brand name sellers are able to reduce excess inventory more efficiently and profitably than ever before. And however they choose to buy, shoppers now have an inside connection to the world's most trusted brands at prices far below retail. With more than 10 years experience in online commerce, uBid Holdings, Inc. is headquartered in Chicago, IL.

uBid.com Holdings, Inc. is publicly-traded on the NASD OTC bulletin board (UBHI).

SEC Filings and Forward-Looking Statements

Additional information about uBid.com is in the company's annual report on Form 10-K/A, filed with the Securities and Exchange Commission.

Certain statements made in this release are forward-looking statements, including the following statement, "We believe our first quarter performance bodes well for the future as we focus on driving long term shareholder value, particularly from these levels." Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business of uBid.com Holdings, Inc. and the industries and markets in which uBid.com Holdings, Inc. operates. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements. Factors which may affect the forward looking statement identified above and uBid.com Holdings, Inc.'s business, financial condition and operating results generally include the effects of adverse changes in the economy, reductions in consumer spending, declines in the financial markets and the industries in which uBid.com Holdings, Inc. and its partners operate, adverse changes affecting the Internet and e-commerce, the ability of uBid.com Holdings, Inc. to develop and maintain relationships with strategic partners and suppliers and the timing of its establishment or extension of its relationships with strategic partners, the ability of uBid.com Holdings, Inc. to timely and successfully develop, maintain and protect its technology and product and service offerings and execute operationally, the ability of uBid.com Holdings, Inc. to attract and retain qualified personnel, the ability of uBid.com Holdings, Inc. to successfully integrate its acquisitions of other businesses, if any, and the performance of acquired businesses. uBid.com Holdings, Inc. expressly disclaims any intent or obligation to update these forward-looking statements, except as otherwise specifically stated by uBid.com Holdings, Inc.

uBid.com Holdings, Inc.

CONTACT: Tony Schor or Lindsay Kenoe of Investor Awareness, Inc.,
+1-847-945-2222, for uBid.com Holdings, Inc.

Web site: http://www.ubid.com/
http://www.investorawareness.com/

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