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Companies news of 2008-04-25 (page 1)

  • RightNow Technologies Announces Internet Availability of 2008 Annual Meeting Proxy...
  • Synergx Systems Inc. Announces Deficiency Letter
  • Dot Hill Announces First Quarter 2008 Earnings Call and 2008 Annual Meeting Information
  • SGI Announces Third Quarter Fiscal Year 2008 Earnings Release and Earnings Call
  • PACT to Continue Trading on the Nasdaq Global Market
  • VoIP-PAL.com Offers Cellular Over Internet Protocol 'CoIP'(TM)VoIP-PAL (Pink Sheets:...
  • Microsoft finalise son offre publique d'achat pour FAST Search & Transfer
  • Aon eSolutions Releases ERM Risk RegisterRiskConsole module provides companies with...
  • 1-800-THE-INFO Supports 'Rebuilding Together' With a $1 Million Try-The-Service Challenge...
  • Tellabs annonce un revenu de 464 millions USD pour le premier trimestre 2008
  • Chiffre d'affaires en croissance de 32% au 1er trimestre 2008
  • ClickSoftware to Participate at the AeA Micro Cap Financial Conference on May 5, 2008
  • Turkcell Annual General Assembly Decisions Dated April 25, 2008
  • eWorld Companies, Inc. Forms Strategic Partnership With 'Valerie's Place' and Golden...
  • Turkcell Filed its Annual Report on Form 20-F for the Year Ended December 31, 2007
  • Adtegrity.com Reports Improved First Quarter Revenue
  • AT&T and Starbucks Begin Nationwide Wi-Fi RolloutAT&T Wi-Fi Service to Be Available Soon...
  • PECO II to Broadcast Its First-Quarter 2008 Conference Call on the Web
  • Veridigm, Inc. (VRGD) Information Statement - April 25, 2008
  • UTStarcom to Host IPTV Webinar on April 28, 2008
  • Compuware Thought Leaders Contribute to New itSMF Book, 'IT Service Management, Global...
  • EMC Commences Tender Offer for All Outstanding Shares of IomegaReceives Early Termination...
  • Vonage Holdings Corp. Signs Letter of Intent to Refinance Outstanding Convertible Debt
  • Verizon Communications to Report Earnings on April 28
  • Microsoft Completes Tender Offer for FAST Search & TransferFAST CEO John Markus Lervik to...
  • Lexmark selected to support mission of the U.S. Air Force
  • ChoicePoint(R) Reports First Quarter 2008 Results- Internal revenue in the Insurance...
  • Get Gift Advice on Demand With 'Gift Answers'Gifts.com Launches New Online Shopping Q&A...
  • Solar EnerTech Announces 2008 Second Quarter Financial Results



    RightNow Technologies Announces Internet Availability of 2008 Annual Meeting Proxy Materials Under New SEC Notice and Access Rule

    BOZEMAN, Mont., April 25 /PRNewswire-FirstCall/ -- RightNow(R) Technologies , a provider of enterprise-class on demand customer relationship management (CRM) solutions, today announced that the Company's proxy materials for its 2008 Annual Meeting of Stockholders are now available via the Internet under the Securities and Exchange Commission's (SEC's) new Notice and Access rule.

    RightNow's 2007 annual report on Form 10-K and its proxy statement for the 2008 annual meeting, as filed with the SEC, can be viewed on the Company's website at http://investor.rightnow.com/annual-proxy.cfm.

    The Company is pleased to have voluntarily adopted the new SEC Notice and Access rules that allow companies to furnish proxy materials to stockholders via the Internet as an alternative to traditional delivery of printed materials. By implementing the new Notice and Access rules, RightNow lowered the costs of delivering proxy materials while also reducing the environmental impact of printing and mailing.

    Stockholders may obtain printed materials free of charge by following the instructions provided on the Company's website or in the "Notice of Internet Availability of Proxy Materials" that was mailed to stockholders of record as of April 14, 2008. RightNow's 2008 Annual Meeting of Shareholders will be held on Friday, June 6, 2008 at 11:30 a.m. (Mountain) at the Hilton Garden Inn, 2023 Commerce Way, Bozeman, MT.

    About RightNow Technologies

    RightNow delivers the high-impact technology solutions and services organizations need to cost-efficiently deliver a consistently superior customer experience across their frontline service, sales and marketing touch-points. Approximately 1,800 corporations and government agencies worldwide depend on RightNow to achieve their strategic objectives and better meet the needs of those they serve. RightNow is headquartered in Bozeman, Montana. For more information, please visit http://www.rightnow.com/.

    RightNow is a registered trademark of RightNow Technologies, Inc. NASDAQ is a registered trademark of the NASDAQ Stock Market.

    FRNOW

    RightNow Technologies

    CONTACT: investor relations, Todd Friedman, todd@blueshirtgroup.com, or
    Stacie Bosinoff, stacie@blueshirtgroup.com, both of The Blueshirt Group,
    +1-415-217-7722, for RightNow Technologies; or corporate communications,
    Kathleen O'Boyle of RightNow Technologies, desk, +1-406-556-3428, cell,
    +1-415-407-8308, kathleen.oboyle@rightnow.com

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




    Synergx Systems Inc. Announces Deficiency Letter

    SYOSSET, N.Y., April 25 /PRNewswire-FirstCall/ -- Synergx announces that the Company received a Nasdaq Staff Deficiency Letter on April 21, 2008 indicating that the Company fails to comply with the minimum bid price requirement for continued listing set forth in Marketplace Rule 4310(c)(4). The Company has 180 calendar days, or until October 20, 2008, to regain compliance. Management and the Board of Directors will consider available strategies in order to satisfy the minimum bid price requirement.

    Synergx is engaged in the design, manufacture, marketing and service of a variety of data communication products and systems with applications in the fire alarm, life safety, security and communication industries. For further information about Synergx please go to our website at WWW.SYNERGXSYSTEMS.COM.

    "Safe Harbor" statement under the Private Securities Reform Act of 1995: This release contains forward-looking statements, which reflect management's current views of future events and operations. These forward-looking statements are based on assumptions and external factors, including assumptions relating to product pricing, competitive market conditions, financial data, and other risks or uncertainties detailed from time to time in the Company's filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's judgment as of the date of this release and any changes in the assumptions of external factors could produce significantly different results.

    Synergx Systems Inc.

    CONTACT: John Poserina, Chief Financial Officer, Synergx Systems Inc.,
    +1-516-433-4700

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




    Dot Hill Announces First Quarter 2008 Earnings Call and 2008 Annual Meeting Information

    CARLSBAD, Calif., April 25 /PRNewswire-FirstCall/ -- Dot Hill Systems Corp. today announced it is scheduled to release first quarter 2008 financial results after the close of the market on May 8, 2008. The company will also host its annual meeting of shareholders on May 9, 2008.

    Dot Hill's first quarter 2008 financial results conference call is scheduled to take place on May 8, 2008 at 4:30 p.m. ET. The live audio webcast will be accessible at http://investors.dothill.com/events.cfm. For access via telephone, please dial 877-407-8035 (U.S.) or 201-689-8035 (International) at least five minutes prior to the start of the call. A replay of the webcast will be available on the Dot Hill web site following the conference call. For a telephone replay, please dial 877-660-6853 (U.S.) or 201-612-7415 (International) and enter account number 286, then passcode 2833070.

    Dot Hill will also offer a live webcast for shareholders to access the proceedings of the company's 2008 annual meeting which will take place at its corporate headquarters in Carlsbad, Calif. on Friday, May 9, 2008 at 11:30 a.m. ET. The live audio webcast will be accessible at http://investors.dothill.com/events.cfm.

    About Dot Hill

    Delivering innovative technology and global support, Dot Hill empowers the OEM community to bring unique storage solutions to market, quickly, easily and cost-effectively. Offering high performance and industry-leading uptime, Dot Hill's RAID technology is the foundation for best-in-class storage solutions offering enterprise-class security, availability and data protection. The company's products are in use today by the world's leading service and equipment providers, common carriers, advanced technology and telecommunications companies as well as government agencies. Dot Hill solutions are certified to meet rigorous industry standards and military specifications, as well as RoHS and WEEE international environmental standards. Headquartered in Carlsbad, Calif., Dot Hill has offices and/or representatives in China, Germany, Japan, Netherlands, United Kingdom and the United States. For more information, visit us at http://www.dothill.com/.

    Certain statements contained in this press release regarding matters that are not historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. Because forward-looking statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such statements. Forward-looking statements include Dot Hill's ability to webcast its events as scheduled and Dot Hill's future financial results. The risks that contribute to the uncertain nature of the forward-looking statements include the volatile and unpredictable nature of the stock market, including the value of Dot Hill's stock, as well as unforeseen technological, intellectual property or engineering issues. However, there are many other risks not listed here that may affect us, as well as the forward-looking statements contained herein. To learn about such risks and uncertainties, read the risk factors set forth in the forms 10-K, 8-K and 10-Q recently filed by us. All forward-looking statements speak only as of the date on which they were made. We undertake no obligation to update such statements to reflect circumstances that exist after the date on which they were made.

    Dot Hill Systems Corp.

    CONTACT: Hanif Jamal, Chief Financial Officer, +1-760-931-5500,
    investors@dothill.com, or Kirsten Garvin, Director of Investor Relations,
    +1-760-476-3811, kirsten.garvin@dothill.com, both of Dot Hill Systems Corp.

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




    SGI Announces Third Quarter Fiscal Year 2008 Earnings Release and Earnings Call

    SUNNYVALE, Calif., April 25 /PRNewswire-FirstCall/ -- SGI announced today that it plans to release its third quarter 2008 financial results after the market closes on Tuesday, May 6, 2008. The Company has scheduled a Webcast and conference call to discuss results on Tuesday, May 6, 2008 at 2:00 p.m. PDT.

    The Webcast will be available on the SGI Investors Relations Web page at the time of the call. The conference call can be accessed by dialing (877) 495-0297 or (706) 643-9931 for participants outside of North America, conference ID: 45113222. An audio replay of this call will be available from May 6 after 5:00 p.m. PDT until May 13, 2008 midnight PDT. The replay can be accessed by dialing (800) 642-1687 or (706) 645-9291 for individuals outside of North America, conference ID: 45113222. After May 13, 2008, the call will be available as an archived Webcast. All links to the archived Webcast and audio replay will be available through the SGI Web site at http://www.sgi.com/company_info/investors/.

    SGI -- Innovation for Results(TM)

    SGI is a leader in high-performance computing. SGI delivers a complete range of high-performance server, visualization and storage solutions along with industry-leading professional services and support that enable its customers to overcome the challenges of complex data-intensive workflows and accelerate breakthrough discoveries, innovation and information transformation. SGI helps customers solve significant challenges whether it's enhancing the quality of life through drug research, designing and manufacturing safer and more efficient cars and airplanes, studying global climate change, providing technologies for homeland security and defense, or helping enterprises manage large data. With offices worldwide, the company is headquartered in Sunnyvale, Calif., and can be found on the Web at http://sgi.com/.

    (C) 2008 SGI. All rights reserved. SGI, the SGI cube and the SGI logo are registered trademarks of SGI in the United States and/or other countries worldwide. All other trademarks mentioned herein are the property of their respective owners.

    MEDIA CONTACT Marla Robinson marlar@sgi.com 256.773.2371 SGI PR HOTLINE 650.933.7777 SGI PR FACSIMILE 650.933.0714

    SGI

    CONTACT: Marla Robinson of SGI, +1-256-773-2371, marlar@sgi.com, or SGI
    PR Hotline, +1-650-933-7777, fax, +1-650-933-0714

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




    PACT to Continue Trading on the Nasdaq Global Market

    BEIJING, April 25 /Xinhua-PRNewswire-FirstCall/ -- PacificNet, Inc. , a leading provider of e-commerce and gaming technology in China, announced today that due to a Nasdaq administrative error, the Company's trading was temporarily halted but will resume trading on the Nasdaq Global Market on Monday, April 28, 2008. PACT management held a call with the Nasdaq Listing Qualifications Dept. immediately after noticing trading irregularities to address the issue.

    As PACT announced previously, the Company has delayed the filing of its 10-K annual report due to an increase in its scale of operations and increased account work as a result of recent mergers and acquisitions. PACT plans to file its 10-K annual report within one month. PacificNet has appealed the Nasdaq Staff's determination by requesting a hearing before the Nasdaq Listing Qualifications Panel, which would automatically stay the delisting of PacificNet's common stock pending the Panel's review and determination. Although there can be no assurance that the Panel will grant the Company's request for continued listing, once the 10-K is filed, PACT believes the Nasdaq non-compliance situation will be remedied.

    About PACT

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

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

    PacificNet, Inc.

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

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




    VoIP-PAL.com Offers Cellular Over Internet Protocol 'CoIP'(TM)VoIP-PAL (Pink Sheets: VPLM.PK) and WorldTel Xchange Inc. Announce New Alliance to Market an Exciting New Product and Service to the Cellular Masses Through VoIP-PAL.com's Niche Sales Channel

    LOS ANGELES, April 25 /PRNewswire-FirstCall/ -- In a statement this morning, Mr. Lipman, President of WorldTel Xchange, Inc. stated, "The combination of VoIP-PAL's relationship with the Airline Points Program and WorldTel's new "1ButtontoWiFi" patented cellular/VoIP 1-touch technology will have a tremendous impact with consumers that have accumulated thousands of unused miles."

    Mr. Lipman goes on to say, "This is the first phase of launching a whole new industry. We've all heard of VoIP (Voice over Internet Protocol), get ready for CoIP."

    With an untapped market of 3.2 billion cell phones worldwide, WorldTel's exciting new technology can now convert any Cell Phone, PDA, Blackberry and even the iPhone into working just like a WiFi Phone with the push of 1 button, connecting your cell phone to your internet connection at home from thousands of miles away. Now anyone with a cell phone can get a dial tone with the push of 1 button and call worldwide for pennies, even from a moving car.

    For more information please visit: http://www.voip-pal.com/ and click on the "1ButtontoWiFi" tab.

    About VoIP-PAL.com Inc.

    VoIP-PAL.com Inc. is a broadband VoIP telecom company offering local and long distance VoIP services to consumers and business owners. The company offers turnkey solutions for its Partners for the Loyalty Transactional platform.

    For more information, please contact Richard Kipping at (206-497-0016) or Richard@voip-pal.com or visit us at http://www.voip-pal.com/.

    VoIP-PAL.com Inc.

    CONTACT: Richard Kipping of VoIP-PAL.com Inc., +1-206-497-0016,
    Richard@voip-pal.com

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




    Microsoft finalise son offre publique d'achat pour FAST Search & Transfer

    REDMOND, Washington, April 25 /PRNewswire/ --

    - Le PDG de FAST John Markus Lervik dirigera les activités de recherche d'entreprise de Microsoft.

    Microsoft Corp a annoncé aujourd'hui qu'elle a complété le règlement de son offre publique d'achat pour Fast Search & Transfer ASA, fournisseur de premier plan de solutions de recherche d'entreprise. Les plans de Microsoft d'acquérir FAST avaient été annoncés pour la première fois le 8 janvier 2008. FAST exercera désormais ses activités en tant que filiale de Microsoft et comptera un centre de recherche et développement spécialisé en recherche d'entreprise à Oslo, en Norvège, ainsi que plusieurs bureaux à travers le monde.

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

    << Étant donné que nos sociétés seront maintenant combinées, nous serons en mesure d'offrir aux clients ce qu'ils désirent le plus, c'est-à-dire une stratégie pour répondre à tous leurs besoins de recherche d'entreprise, des plus simples aux plus complexes >>, a affirmé Jeff Teper, vice-président d'entreprise de la division Office Business Platform de Microsoft. << Je suis très enthousiasmé que l'équipe talentueuse de FAST se joigne à nous. >>

    John Markus Lervik quittera ses fonctions de PDG de FAST pour devenir le vice-président d'entreprise du service Enterprise Search de Microsoft, et il sera sous l'autorité directe de M. Teper. Sous la direction de M. Lervik, la mission du groupe consistera à développer un portefeuille complet de produits et services de recherche d'entreprise, y compris le Microsoft Search Server 2008 Express, la recherche pour le Microsoft Office SharePoint Server 2007 et FAST ESP, ainsi que la mise en oeuvre future d'une plate-forme de recherche d'entreprise unique.

    << Dès que j'ai commencé à parler avec les dirigeants de Microsoft des possibilités de réunir nos talents et technologies, j'ai réalisé à quel point nous pourrions avoir un impact considérable sur la façon dont les sociétés utilisent la recherche pour générer de nouvelles sources de revenus et accroître leur productivité >>, a déclaré M. Lervik. << Ensemble, nous fournirons de meilleures technologies qui feront de la recherche d'entreprise un outil universel qui s'avèrera essentiel à la découverte et à l'utilisation d'information. >>

    Les clients existants de FAST seront toujours servis par les équipes de vente, de service à la clientèle et de soutien technique de FAST, alors que la gamme de produits combinés a l'effet immédiat d'élargir le choix de produits et services offert aux clients. D'autres innovations dans le portefeuille de recherche d'entreprise, sur Microsoft Windows ainsi que sur Linux et UNIX, permettront d'assurer que la clientèle de Microsoft et de FAST recevra les meilleurs produits et services qui soient pour répondre à ses besoins actuels et futurs.

    À propos de Microsoft

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

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

    Microsoft est présent dans l'EMEA depuis 1982. Microsoft emploie dans la région plus de 16 000 personnes au sein de 64 filiales, en fournissant des produits et des services dans plus de 139 pays et territoires.

    Le présent document est fourni exclusivement à titre indicatif. Microsoft Corp rejette toutes les garanties et les conditions concernant l'utilisation du présent document à d'autres fins. Microsoft Corp ne pourra, à aucun moment, être tenue responsable des dommages directs, indirects, particuliers ou consécutifs, ayant été occasionnés au cours d'une action contractuelle, d'une négligence, ou de toute autre action découlant de l'utilisation ou du rendement du présent document, ou qui y est liée. Aucun élément du présent communiqué ne peut être interprété comme une garantie.

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

    Microsoft Corp

    Centre de coordination de Microsoft EMEA, emearesponse@waggeneredstrom.com, ou Relations avec les investisseurs de Microsoft, +1-800-285-7772, international, +1-425-706-4400, msft@microsoft.com /REMARQUE AUX RÉDACTEURS : Si vous êtes intéressés par de plus amples renseignements sur Microsoft dans l'EMEA, veuillez visiter le http://www.microsoft.com/emea ou le Centre de presse de l'EMEA au http://www.microsoft.com/emea/presscentre. Les liens hypertexte, les numéros de téléphone et les titres étaient exacts au moment de la publication, mais peuvent avoir changé depuis. Pour obtenir de l'aide, les journalistes et les analystes peuvent contacter les personnes dont le nom figure au http://www.microsoft.com/emea/presscentre/contactus.mspx. Si vous êtes intéressés à obtenir de plus amples renseignements au sujet de Microsoft Corp, veuillez consulter le site Web de Microsoft au http://www.microsoft.com/presspass dans les pages contenant des renseignements d'entreprise de Microsoft. /Photo : http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO, AP Archive : http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com




    Aon eSolutions Releases ERM Risk RegisterRiskConsole module provides companies with immediate view of enterprise risk; ERM solution debuts at RIMS Conference, Booth #1037

    CHICAGO, April 25 /PRNewswire-FirstCall/ -- Aon eSolutions, the client technology arm of Aon Corporation and a leading provider of global risk and insurance solutions, today announced it has released ERM Risk Register, a new module within RiskConsole, its market-leading, browser-based risk management information system (RMIS). ERM Risk Register will provide organizations with the ability to manage enterprise risk.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO)

    Awareness of the need for robust enterprise risk management (ERM) programs is on the rise but, as Aon reported in its recent global enterprise risk management report, many companies have struggled in their efforts to implement these programs. Although companies have begun to perform risk assessments, a key challenge is effectively being able to process, analyze and act on the consolidated results, commonly referred to as the "risk register."

    In the past, organizations utilized a spreadsheet-based tracking and management process, but standalone documents made it difficult to ensure the availability and timeliness of information across an organization.

    "ERM Risk Register offers an advanced technology platform to alleviate these challenges," said Kathleen Burns, chief executive officer of Aon eSolutions. "The system not only provides organizations with a centralized data repository to input enterprise risk information, but also enables companies to compare results against risk tolerance, develop action plans to address critical risk areas, delegate action items to staff, and create performance indicators that lead to ERM success."

    The ERM Risk Register is developed on the same award-winning platform as RiskConsole, but is also available as a stand-alone solution. With its browser-based platform, the system can easily be accessed and utilized enterprise wide. Key features and benefits include:

    -- Categorization of risk. Companies can track and analyze risks by various segments -- such as business units or multiple risk categories. -- Description of risk. By describing each risk in terms of likelihood and impact, organizations can more effectively target and control critical risk areas. -- Quantification of risk. Utilizing a matrix scoring system, organizations can quantify and prioritize risks. -- Audit and track risk. With full auditing and tracking capabilities, ERM Risk Register enables organizations to analyze how risk changes over time. -- Track losses arising from risk. When losses occur, they can be related to and tracked against a company's defined risk categories. -- Full reporting capabilities. ERM Risk Register provides multiple ways to analyze and act on risks, including heat maps, risk profiles, and top 10 risk areas.

    Aon eSolutions will debut ERM Risk Register at the Risk & Insurance Management Society's (RIMS) conference held at the San Diego Convention Center, April 28 - 30, 2008, where risk management professionals can obtain one-on-one product demonstrations at the company's booth, #1037.

    "Managing a company's enterprise risk is a rapidly expanding area of risk management," added Phillip Lucas, director of global product management at Aon eSolutions. "Today, risk managers are demanding a sophisticated, scaleable, and flexible solution, yet they don't want to invest in a full blown ERM system. ERM Risk Register offers a powerful alternative. It's highly customizable and can be tailored to meet any client's unique business and ERM needs."

    About Aon

    Aon eSolutions is the client technology solutions arm of Aon Corporation. We provide innovative products, services and solutions to meet the diverse and varied needs of risk and insurance professionals. Our best-in-class systems-iVOS, RiskConsole, AonLine, and SafetyLogic-provide an unparalleled and integrated risk and insurance technology suite. This award-winning technology streamlines business processes and optimizes resources through a personalized and configurable approach and has resulted in measurable value for our clients. For more information on Aon eSolutions, log onto http://www.aon-esolutions.com/.

    Aon Corporation is the leading global provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting. Through its 36,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Our industry-leading global resources, technical expertise and industry knowledge are delivered locally through more than 500 offices in more than 120 countries. Aon was named the world's "best broker" by Euromoney magazine's 2008 Insurance Survey. Aon also was ranked by A.M. Best as the number one global insurance brokerage in 2007 based on brokerage revenues, and voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 by the readers of Business Insurance. For more information on Aon, log onto http://www.aon.com/

    Media Contact: Tammy Delatorre 661-775-0550 tammydelatorre@yahoo.com

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Aon

    CONTACT: Tammy Delatorre of Aon Corporation, +1-661-775-0550,
    tammydelatorre@yahoo.com

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




    1-800-THE-INFO Supports 'Rebuilding Together' With a $1 Million Try-The-Service Challenge GrantFree Business Directory Assistance Service Will Donate $1 for Each New Caller; Grant Will Support Nonprofit Organization's Mission of Providing Free Home-Renovation Services to People in Need

    NEW YORK, April 25 /PRNewswire/ -- Verizon's free business directory assistance service, 1-800-THE-INFO, announced Friday (April 25) a challenge grant of up to $1 million to support the work of Rebuilding Together, a nationwide nonprofit organization that provides free home-renovation services to people in need.

    Starting Saturday (April 26), National Rebuilding Day, the free business directory assistance service will contribute $1 to Rebuilding Together and its 225 affiliates for each new caller to 1-800-THE-INFO. The campaign will continue through May.*

    "If you want to do something good for your community, then call toll-free 1-800-THE-INFO and give it a try," said Gary Officer, president and CEO of Rebuilding Together. "It's a great way to find businesses in your community, and each new caller during the next few weeks will generate $1 to help Rebuilding Together provide needed renovations and modifications so that low-income homeowners can continue to afford to stay in their homes.

    "We're excited that a great company like Verizon selected us to support our important mission," Officer said.

    Kitty C. Linder, president of Verizon LiveSource and Public Communications, said, "In local communities 1-800-THE-INFO and Rebuilding Together are a natural fit. Rebuilding Together provides a vital service linking volunteers in local communities to low-income homeowners with a special focus on the elderly, disabled and families at risk. By running this challenge, we're bringing awareness to Rebuilding Together's work and to a convenient directory service that can easily search and find any local business listing for callers."

    Verizon LiveSource team members will volunteer in many communities across the country on National Rebuilding Day, as Rebuilding Together affiliates kick off the 2008 season by rebuilding homes in their local communities.

    The 1-800-THE-INFO service, which has thousands of local business listings, was launched earlier this month. Callers hear a brief advertisement and then are able to use the free automated voice-recognition to search Verizon's national directory database. The automated business search is backed up by live operators to assist callers in obtaining responses to their requests quickly and accurately. For more information on the service, visit http://www.800theinfo.com/ .

    * The entire call must be completed through voice recognition system or by operator to qualify; only one call per telephone number is credited for the $1 contribution to Rebuilding Together.

    (There is no cost to the caller for the contribution. Call may be placed from either wireline or wireless number. Not exempt from airtime charges by caller's wireless carrier.)

    About Rebuilding Together

    Rebuilding Together is the nation's largest nonprofit organization working to preserve affordable homeownership and neighborhoods by providing rehabilitation services free of charge to those in need. Through the support of corporate sponsors, local businesses, and the hands-on work of a quarter-million volunteers, Rebuilding Together rehabs and repairs more than 9,000 homes each year. The market value of this work is in excess of $100 million annually. Rebuilding Together responds to the needs of low-income homeowners including families at risk, the elderly and veterans through four specific practice areas: Safe & Healthy Homes, Disaster Recovery & Reconstruction, Veterans Housing, and National Rebuilding Day to ensure that homeowners live in safe, warm and dry homes. Rebuilding Together celebrated the rehabilitation of its 100,000th home in 2006 and has grown to nearly 225 affiliates nationwide since its founding in 1988. For details, see http://www.rebuildingtogether.org/ , or call 1-800-REHAB-9.

    National Rebuilding Day

    This is Rebuilding Together's annual signature event and is the culmination of a year of planning, evaluating, training, organizing and assembling the largest nationwide group of volunteers -- from all walks of life -- to repair and restore houses and nonprofit facilities, revitalize entire communities, and make a lasting impression on those families and individuals who are helped.

    Verizon LiveSource

    Verizon LiveSource is the nation's leading directory assistance provider, employing thousands of operators at call centers across the country and internationally. LiveSource serves not only Verizon landline customers but also nearly half the wireless industry, where innovative services like text messages with listings forwarded to wireless handsets and directory assistance in Spanish continue to make 411 a vital communications tool.

    Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving nearly 66 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of nearly 235,000 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.

    VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news . To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.

    Verizon

    CONTACT: Media, Kevin Laverty, +1-425-261-5855,
    kevin.laverty@verizon.com, or Cynthia Woodruff, +1-202-518-3504,
    cwoodruff@rebuildingtogether.org, both of Verizon

    Web site: http://www.verizon.com/
    http://www.800theinfo.com/
    http://www.rebuildingtogether.org/
    http://www.verizon.com/news

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




    Tellabs annonce un revenu de 464 millions USD pour le premier trimestre 2008

    NAPERVILLE, Illinois, April 25 /PRNewswire/ --

    - La société privilégie la clientèle en consacrant plus de ressources à l'innovation

    Le revenu de Tellabs pour le premier trimestre 2008 a atteint 464 millions USD, soit une augmentation de 3 % par rapport aux 452 millions USD du premier trimestre 2007.

    Sur une base PCGR (principes comptables généralement reconnus aux Etats-Unis), les bénéfices de Tellabs s'élèvent à 17 millions USD, ou 0,04 USD par action, par rapport à 25 millions USD ou 0,06 USD par action au trimestre équivalent de l'exercice précédent.

    Sur une base non PCGR, les bénéfices de Tellabs s'élèvent à 32 millions USD ou 0,08 USD par action par rapport à 34 millions USD ou 0,08 USD par action au trimestre équivalent de l'exercice précédent. Les résultats non PCGR excluent des frais avant impôts de 22,6 millions USD, y compris 8,0 millions USD ou 0,013 USD par action en dépenses de rémunération à caractère participatif.

    Les marges bénéficiaires brutes non PCGR étaient de 39 % pour le premier trimestre 2008, comparé à 34 % au quatrième trimestre 2007. Cette variation est imputable aux changements dans la gamme de produits.

    << La performance de Tellabs est satisfaisante malgré un environnement difficile dans notre secteur. Notre première priorité désormais est de privilégier la clientèle en consacrant plus de ressources à l'innovation >>, déclare Rob Pullen, président et PDG de Tellabs.

    Tellabs interrompt la production du terminal de ligne optique Tellabs(R) 8865, mais poursuit le développement de la série d'accès multiservice Tellabs(R) 1100 GPON (gigabit passive optical network). Avec les ressources ainsi libérées, Tellabs a l'intention de financer des initiatives de croissance.

    Perspectives pour le deuxième trimestre 2008 -- Les déclarations suivantes sont des énoncés prospectifs qui se fondent sur les attentes actuelles et contiennent des risques et des incertitudes, dont certains sont détaillés ci-dessous. Tellabs anticipe que le revenu du deuxième trimestre se situera dans une fourchette de 425 millions USD à 445 millions USD. La marge bénéficiaire brute non PCGR devrait être de plus ou moins 31 %, suite à la nouvelle configuration de la gamme de produits. Les frais d'exploitation non PCGR devraient rester identiques ou se situer légèrement en retrait par rapport au premier trimestre 2008. La marge bénéficiaire brute non conforme aux PCGR est exprimée à l'exclusion de 2 millions USD de dépenses de rémunération à caractère participatif. Les frais d'exploitation non conformes aux PCGR sont exprimés à l'exclusion de 6 millions USD de dépenses de rémunération à caractère participatif.

    Rachat d'actions -- En vertu des plans de rachat d'actions précédemment annoncés, Tellabs a racheté 21,5 millions d'actions pour un montant de 142 millions USD au cours du premier trimestre 2008. Depuis 2005, Tellabs a racheté un total de 92,9 millions d'actions et y a consacré 803 millions USD (environ 20 % des actions en circulation).

    Rediffusion simultanée de la retransmission sur le Web et de la téléconférence -- Tellabs a organisé une téléconférence à l'intention des investisseurs, afin de passer en revue ses résultats du premier trimestre 2008 et de donner ses prévisions concernant le deuxième trimestre 2008. Un enregistrement de la conférence sera disponible jusqu'à minuit heure centrale des Etats Unis, le jeudi 24 avril, au +1-706-645-9291. Lorsque demandé, veuillez saisir le numéro d'identification de la conférence de Tellabs : 42786217. Un podcast de l'appel sera disponible en consultant http://www.tellabs.com/news/feeds/.

    Tellabs fait évoluer les réseaux de télécommunications afin qu'ils répondent aux besoins changeants des utilisateurs. Les solutions de Tellabs permettent aux prestataires de services de proposer des services de données, de vidéo et de voix de haute qualité sur des réseaux avec ou sans fil dans le monde entier. Tellabs (Nasdaq : TLAB) figure au NASDAQ-100 Index, au NASDAQ Global Select Market, à l'indice des brevets Ocean Tomo 300(TM) Patent Index et au S&P 500. http://www.tellabs.com

    Enoncés prospectifs -- Ce communiqué de presse, y compris l'analyse des opérations qui suit, contient des énoncés prospectifs, dont notamment mais sans s'y limiter, les perspectives futures, sous-entendant des risques et des incertitudes. Les résultats réels peuvent être différents de ceux envisagés dans les énoncés prospectifs. Les facteurs pouvant causer ou contribuer à de telles différences comprennent, entre autres, les risques associés à : la concurrence, y compris la pression à laquelle sont soumis les tarifs et les marges, la réaction des clients et de la concurrence, la consolidation de l'industrie, l'introduction de nouveaux produits, la pénétration sur de nouveaux marchés, la capacité à obtenir les ressources nécessaires et l'évolution des conditions économiques générales ayant des répercussions sur l'industrie des télécommunications. La société se dégage de toute responsabilité de revoir ou de mettre à jour ces énoncés prospectifs, ni pour refléter les événements ou circonstances ultérieurs, ni pour tenir compte d'événements imprévus. Pour une description plus détaillée de ces facteurs de risque, veuillez consulter les soumissions de la société auprès de la Commission des opérations de bourse des Etats-Unis (la SEC).

    Tellabs et le logo de Tellabs sont des marques de commerce américaines de Tellabs Operations, Inc. aux Etats-Unis et/ou dans d'autres pays.

    Internet : http://www.tellabs.com

    Tellabs

    Presse, George Stenitzer, +1-630-798-3800, george.stenitzer@tellabs.com, ou investisseurs, Tom Scottino, +1-630-798-3602, tom.scottino@tellabs.com, tous les deux de Tellabs. REMARQUE A L'INTENTION DES REDACTEURS : le texte complet de ce communiqué est disponible en consultant www.tellabs.com/news/2008/1q08.pdf




    Chiffre d'affaires en croissance de 32% au 1er trimestre 2008

    PARIS, April 25 /PRNewswire/ -- LeGuide.com S.A., premier éditeur français indépendant de guides shopping sur Internet, annonce un chiffre d'affaires de 3,81 MEUR pour le premier trimestre de l'exercice 2008 (chiffre non audité).

    Au 31 mars 2008, le chiffre d'affaires de LeGuide.com S.A. est en croissance de 32% par rapport au premier trimestre de l'exercice précédent. Réalisée exclusivement de façon organique, la croissance de l'activité reflète la poursuite du développement soutenu du guide shopping.

    La part des revenus européens progresse et représente désormais 13% du chiffre d'affaires.

    Au total, l'audience de LeGuide.com S.A. à fin mars en Europe est de 6 500 000 visiteurs uniques*. En France, l'audience de LeGuide.com S.A. continue à progresser avec une hausse de 22% en un an**.

    LeGuide.com S.A. poursuit également son développement sur le marché européen des guides shopping, moteurs de recherche shopping et comparateurs de prix avec un réseau qui couvre 14 pays européens et propose l'offre la plus large pour les internautes : 40 000 e-commerçants européens et 130 millions d'offres référencées.

    La société anticipe la poursuite d'une croissance forte sur 2008.

    * Source Médiamétrie Nielsen/Netratings en France et estimation pour les autres pays ** Source Médiamétrie Nielsen/Netratings Publication du chiffre d'affaires du 2ème trimestre 2008 le 24 juillet 2008, après clôture

    A propos de LeGuide.com S.A.

    Editeur de guides shopping de référence sur Internet, LeGuide.com S.A. a pour vocation d'une part, d'aider l'internaute dans la recherche, la comparaison et l'achat de produits en ligne et, d'autre part, de développer la visibilité, l'audience et les ventes des e-commerçants. Forte de son succès en France avec les sites http://www.leguide.com, http://www.leguide.net et http://www.webmarchand.com, la société développe son modèle à l'international. Le réseau LeGuide.com S.A. est opérationnel dans 14 pays : en France, Belgique, Allemagne, Autriche, Suisse, Luxembourg, Espagne, Royaume-Uni, Irlande, Pologne, Italie, Pays Bas ainsi qu'en Suède et au Danemark depuis décembre 2007. La société regroupait une équipe internationale de 69 collaborateurs à fin 2007 et édite ses sites en 9 langues.

    LeGuide.com S.A. est qualifiée << Entreprise Innovante >> par OSEO Anvar et cotée en continu sur Alternext de NYSE-Euronext Paris (mnémonique ALGUI, code ISIN FR0010146092).

    Plus d'information : http://www.leguide.com/finance

    LeGuide.com S.A. Astrid Canevet Tel : +33-1-55-43-36-10 finance@leguide.com Actifin Ségolène de Saint Martin Tél : +33-1-56-88-11-14 ssaintmartin@actifin.fr Euroland Finance (Listing Sponsor) Julia Temin Tél : +33-1-44-70-20-84 jtemin@euroland-finance.com

    LeGuide.com Group

    LeGuide.com S.A., Astrid Canevet, Tel : +33-1-55-43-36-10, finance@leguide.com; Actifin, Ségolène de Saint Martin, Tél : +33-1-56-88-11-14, ssaintmartin@actifin.fr; Euroland Finance (Listing Sponsor), Julia Temin, Tél : +33-1-44-70-20-84, jtemin@euroland-finance.com




    ClickSoftware to Participate at the AeA Micro Cap Financial Conference on May 5, 2008

    BURLINGTON, Massachusetts, April 25 /PRNewswire-FirstCall/ -- ClickSoftware Technologies Ltd. (NasdaqCM: CKSW), a leading provider of mobile workforce management and service optimization solutions, will participate at the AeA Micro Cap Financial Conference on Monday, May 5, 2008, at the Monterey Plaza Hotel in Monterey, CA. Presenting from management will be Shmuel Arvatz, Chief Financial Officer.

    The presentation used at the conference will be available on ClickSoftware's website (http://www.clicksoftware.com/) on the Investors section.

    About ClickSoftware

    ClickSoftware is the leading provider of mobile workforce management and service optimization solutions that create business value for service operations through higher levels of productivity, customer satisfaction and cost effectiveness. Combining educational, implementation and support services with best practices and its industry leading solutions, ClickSoftware drives service decision making across all levels of the organization. From proactive customer demand forecasting and capacity planning to real-time decision-making, incorporating scheduling, mobility and location based services, ClickSoftware helps service organizations get the most out of their resources. With over 100 customers across a variety of industries and geographies, and strong partnerships with leading platform and system integration partners - ClickSoftware is uniquely positioned to deliver superb business performance to any organization. The company is headquartered in Burlington, MA and Israel, with offices in Europe, and Asia Pacific.

    For more information about ClickSoftware, please call +1-781-272-5903 or +1-888-438-3308, or visit http://www.clicksoftware.com/.

    Contact: Noa Schuman ClickSoftware Technologies Ltd. +972-3-765-9467 Noa.Schuman@clicksoftware.com

    ClickSoftware Technologies Ltd

    CONTACT: Contact: Noa Schuman, ClickSoftware Technologies Ltd.,
    +972-3-765-9467, Noa.Schuman@clicksoftware.com




    Turkcell Annual General Assembly Decisions Dated April 25, 2008

    ISTANBUL, Turkey, April 25 /PRNewswire-FirstCall/ -- Turkcell , the leading provider of mobile communications in Turkey, announced today the following decisions taken at its Annual General Assembly:

    1. Turkcell Board of Directors determined, pertaining to the period between January 1, 2007 and December 31, 2007, our Company's profit, calculated according to the consolidated financial statements, which were audited independently in accordance with the Capital Markets Board Communique Serial: XI numbered 25, named "Communique Regarding the Accounting Standards in Capital Markets" is TRY1,758,625,233 (approximately US$1,361,797,454) and the commercial after tax profit calculated according to the provisions of Turkish Commercial Code is TRY1,901,863,845 (approximately US$1,472,714,763),

    After tax profits, subject to dividend distribution, calculated, in accordance with article 36 of the Capital Markets Board Communique Serial: XI numbered 20, named "Communique on Principles Regarding Financial Reporting in Hyperinflationary Periods", modified by the Capital Markets Board Communique Serial: XI numbered 26 is TRY1,758,625,233 (approximately US$1,361,797,454),

    TRY1,392,521,095 (approximately US$1,078,303,465), calculated by subtracting the total profits of our Company's subsidiaries and the affiliated companies, which have not passed a shareholders resolution regarding dividend distribution or not subject to distribution despite such resolution, amounting to TRY366,104,138 (approximately US$283,493,989), shall be taken as the basis for dividend distribution,

    In accordance with the CMB Communique Serial IV No: 27 on "Principles Regarding Distribution of Dividends and Interim Dividends To Be Followed by the Publicly Held Joint Stock Corporations Subject to Capital Market Law" and within the framework of article 466 of the Turkish Commercial Code ("TCC"), 5% of the commercial after tax profit of TRY1,901,863,845 (approximately US$1,472,714,763) shall be set aside as the first legal reserve, which amounts to TRY95,093,192 (approximately US$73,635,738),

    TRY1,297,427,903 (approximately US$1,004,667,727) is the basis for dividend distribution for the Company, pertaining to year 2007, which is the difference between TRY1,392,521,095 (approximately US$1,078,303,465), as stated in the consolidated financial reports of the Company and TRY95,093,192(approximately US$73,635,738), which is the first legal reserve amount, as mentioned here in above and TRY1,301,935,368 (approximately US$1,008,158,098)- calculated by adding TRY4,507,465 (approximately US$3,490,371) which is the aggregate amount of the donations made during the year, to the above mentioned amount shall be taken as the first dividend basis,

    TRY260,387,074 (approximately US$ 201,631,620), which is 20%, the percentage declared by the Capital Markets Board as the minimum dividend distribution percentage for year 2007, of the first dividend basis, amounting to TRY1,301,935,368 (approximately US$1,008,158,098) shall be distributed as the first cash dividend and the secondary reserve amounting to TRY53,871,395(approximately US$ 41,715,499) shall be separated from the rest of the net distributable current year profit,

    a. The total amount of TRY648,713,951 (approximately US$502,333,863), which shall be distributed in cash, will be distributed as follows;

    - TRY1,687,150 (approximately US$ 1,306,450) from extraordinary reserves, - TRY647,026,801(approximately US$501,027,412) from previous years profits,

    b. As the total amount of TRY648,713,951 (approximately US$502,333,863), which is stated above and which shall be distributed in cash, has been obtained by the investment incentive utilized within the scope of the investments made during the period prior to April 24, 2003 and investment allowance withholding has been calculated on the same amount in this regard, it shall be distributed without any withholding tax deductions,

    c. In this respect, an amount of TRY0.2948699 (approximately US$0.2283335), net and gross, shall be paid in cash equally, to our shareholders for each share, having a nominal value of TRY 1 (One New Turkish Lira),

    The aggregate net amount of cash dividend payment shall be TRY648,713,951 (approximately US$502,333,863),

    TRY1,243,556,508 (approximately US$962,952,228) which is the remaining distributable profit after the cash dividend distribution shall be:

    a. Regarded as extraordinary reserves and set aside within the Company,

    b. As the total of such amount, transferred to 2008 financial year as extraordinary reserves, has been obtained by the investment incentive, utilized within the scope of the investments made during the period prior to April 24, 2003 and investment allowance withholding has been calculated on such amount, no withholding tax deductions shall be applicable on such amount in case such amount will be subject to redistribution,

    TRY366,104,138(approximately US$283,493,989), the aggregate profit of the Company's subsidiaries and the affiliated companies, which is not subject to distribution shall be left within the Company as the extraordinary reserve,

    Cash dividend payment to our Company's shareholders shall commence on May 20, 2008 and shall continue for 15 days in Istanbul Head Office, Çiftehavuzlar, Izmir and Ankara branches of Finans Yatirim Menkul Degerler A.S. and also in Central Registry Agency located at Suzer Plaza Askerocagi Cad. No: 15 K: 2 34367 Elmadag - Sisli Istanbul and shall be made in exchange of the dividend share denominations for year 2007.

    2. Hamit Sedat Eratalar and Ibrahim Alpay Demirtas are determined as Turkcell's statutory auditors for a year; and

    3.KPMG Akis Bagimsiz Denetim ve Serbest Muhasebeci Mali Musavirlik A.S., appointed by the Board of Directors as the independent external audit firm for the year, was approved pursuant to Article 14 of the Regulation of the Independent External Auditing in the Capital Markets promulgated by the Capital Market Board;

    4.Definitive appointment of Tero Erki Kivisaari, in place of Erdal Asım Durukan and Aimo Eloholma, in place of Anders Igel, who were nominated as board members in accordance with board resolutions dated May 14, 2007 and August 22, 2007 respectively, has been approved.

    * Based on Turkish Central Bank's TRY/US$ exchange rate of TRY1.2914 for April 25, 2008.

    EXPLANATORY NOTE: (This note is provided for the convenience of ADR holders and not part of the decisions taken at the Annual General Assembly of the Company)

    Please find below the key dates for the ADR holders regarding the cash dividend distribution:

    US ex-dividend" date 8 May 2008 US record date 12 May 2008 US payment date on or about 22 May 2008 http://www.turkcell.com.tr/ About Turkcell

    Turkcell is the leading GSM operator in Turkey with 35.4 million postpaid and prepaid customers as of December 31, 2007 operating in a three player market with a market share of approximately 57% as of December 31, 2007 (Source: The Telecommunications Authority). In addition to high-quality wireless telephone services, Turkcell currently offers General Packet Radio Service ("GPRS") countrywide and Enhanced Data Rates for GSM Evolution ("EDGE") in dense areas, which provide for both improved data and voice services. Turkcell provides roaming with 578 operators in 198 countries as of April 25, 2008. Serving a large subscriber base in Turkey with its high-quality wireless telephone network, Turkcell reported US$6.3 billion net revenue for the year ended December 31, 2007 as per IFRS financial statements. Turkcell has interests in international GSM operations in Azerbaijan, Georgia, Kazakhstan, Moldova, Northern Cyprus and Ukraine. Turkcell has been listed on the New York Stock Exchange ("NYSE") and the Istanbul Stock Exchange ("ISE") since July 2000 and is the only NYSE listed company in Turkey. 51.00% of Turkcell's share capital is held by Turkcell Holding, 4.22% by Cukurova Group, 13.07% by Sonera Holding, 2.32% by M.V. Holding and 0.01% by others while the remaining 29.38% is free float.

    For further information please contact Turkcell: Corporate Affairs: Koray Ozturkler, Chief Corporate Affairs Officer Tel: +90-212-313-1500 Email: koray.ozturkler@turkcell.com.tr Investors: Ferda Atabek, Investor Relations Tel: +90-212-313-2304 Email: ferda.atabek@turkcell.com.tr investor.relations@turkcell.com.tr Media: Filiz Karagul Tuzun, Corporate Communications Tel: +90-212-313-2319 Email: filiz.karagul@turkcell.com.tr

    Turkcell

    CONTACT: For further information please contact Turkcell: Corporate
    Affairs: Koray Ozturkler, Chief Corporate Affairs, Officer, Tel:
    +90-212-313-1500, Email: koray.ozturkler@turkcell.com.tr; Investors: Ferda
    Atabek, Investor Relations, Tel: +90-212-313-2304, Email:
    ferda.atabek@turkcell.com.tr, investor.relations@turkcell.com.tr; Media:
    Filiz Karagul Tuzun, Corporate Communications, Tel: +90-212-313-2319, Email:
    filiz.karagul@turkcell.com.tr




    eWorld Companies, Inc. Forms Strategic Partnership With 'Valerie's Place' and Golden Pyramid Productions

    LOS ANGELES, April 25 /PRNewswire-FirstCall/ -- eWorld Companies, Inc. (Pink Sheets: EWRC) announced today that they have formed a strategic partnership with Valerie McConnell and her production company, Golden Pyramid Productions. Ms. McConnell will oversee the production and serve as hostess of two of eWorld's PlayTV original programming channels - "Valerie's Stage" Entertainment Channel and the eWorld Boxing Channel, both of which will air exclusively on eWorld's Boomerang Media Station(R). "Valerie's Stage" will cover all the happenings at the major Awards shows and on the streets of L.A., and provide exclusive behind-the-scenes footage and interviews with the movers and shakers of the entertainment industry, including celebrities, hot new bands, actors, directors, producers, rappers, and industry executives and insiders. On the eWorld Boxing Channel, Valerie will cover all the major fights, conduct interviews with boxers, promoters, and other boxing aficionados and VIPs, and provide a ground-breaking inside look at the world of boxing.

    Ms. McConnell can be seen hosting her top music video TV show, "Valerie's Place" and as a weekend host on the CMXS Music Video Show. She is also a Time Warner cable TV producer with numerous production credits spanning the worlds of music, entertainment and boxing, and a well known TV interviewer who has covered dozens of events including major boxing events, the Grammys, the Billboard Awards, Vibe Awards, the ASCAPS awards, the Radio Music awards, the 2004 and 2005 Super Bowls, and two NBA Championship series. Ms. McConnell is also a former beauty queen, model and actress who has appeared on the cover of numerous publications including Metropolitan and the Las Vegas Tribune, and whose film credits include "Soul Train, Michael Jackson's "Remember the Time", Eddie Murphy's "Harlem Nights, and Spike Lee's "School Daze", among others.

    Commentary

    In response to this announcement, Henning Morales, CEO and President of eWorld Companies, Inc. commented, "We are very happy to announce that Valerie McConnell has chosen to join the eWorld team. Valerie is a highly talented and dynamic force in the worlds of entertainment, boxing, TV, radio, and online broadcasting, and brings with her the wealth of personal connections, professional contacts, and unique perspectives needed to create dramatically new eWorld online programming that will set us apart from anything else available on the Net today. Our entire staff is looking forward to working with her."

    eWorld Companies, Inc. is an online marketing & advertising technologies company that develops and markets cutting edge technologies using rich media, flash, animation and 3D graphics to help individuals and businesses market and advertise on the Internet. eWorld Companies, Inc. markets and distributes these technologies through its wholly-owned subsidiary eWorld Entertainment, Inc. and its International network of Affiliates, users and strategic partners. eWorld's unique and patented Boomerang Media Station(R), named for its ability to return to the user's screen no matter what web site you visit, is a free software program that streams rich media within the actual application and remains ever-present as the user browses the Internet, offering the user one-click access to limitless entertainment experiences and convenience benefits. eWorld's WALRUS(R) system, which is downloaded along with Boomerang, continues to work in the background to provide assistance as the user searches, surfs or shops the Net, suggesting relevant topics, products and services based on the each user's browsing and searching habits. The Company's revenue model consists of six major components: (1) Advertising Revenues; (2) Affiliation Fees; (3) Affiliate Monthly Subscriptions; (4) Product Sales; (5) Technology Licensing; and (6) International Marketing License Fees.

    For more information visit http://www.eworldcompanies.com/ or call (310) 471-7674.

    Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward- looking statements whether as a result of new information, future events or otherwise.

    eWorld Companies, Inc.

    CONTACT: eWorld Companies, Inc., +1-310-471-7674

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




    Turkcell Filed its Annual Report on Form 20-F for the Year Ended December 31, 2007

    ISTANBUL, April 25 /PRNewswire-FirstCall/ -- Turkcell , the leading provider of mobile communications in Turkey, announced today that it has filed its Annual Report on Form 20-F for the year ended December 31, 2007 with the SEC on April 23, 2008 (amended April 24). The Company's Form 20-F and complete audited financial statements can be found at http://www.turkcell.com.tr/en.

    Hard copy versions of the complete audited financial statements are available free of charge upon request beginning as of April 29, 2008 from Turkcell's Investor Relations at +90-212-313-1888.

    http://www.turkcell.com.tr/ About Turkcell

    Turkcell is the leading GSM operator in Turkey with 35.4 million postpaid and prepaid customers as of December 31, 2007 operating in a three player market with a market share of approximately 57% as of December 31, 2007 (Source: The Telecommunications Authority). In addition to high-quality wireless telephone services, Turkcell currently offers General Packet Radio Service ("GPRS") countrywide and Enhanced Data Rates for GSM Evolution ("EDGE") in dense areas, which provide for both improved data and voice services. Turkcell provides roaming with 578 operators in 197 countries as of April 25, 2008. Serving a large subscriber base in Turkey with its high-quality wireless telephone network, Turkcell reported US$6.3 billion net revenue for the year ended December 31, 2007 as per IFRS financial statements. Turkcell has interests in international GSM operations in Azerbaijan, Georgia, Kazakhstan, Moldova, Northern Cyprus and Ukraine. Turkcell has been listed on the New York Stock Exchange ("NYSE") and the Istanbul Stock Exchange ("ISE") since July 2000 and is the only NYSE listed company in Turkey. 51.00% of Turkcell's share capital is held by Turkcell Holding, 4.22% by Cukurova Group, 13.07% by Sonera Holding, 2.32% by M.V. Holding and 0.01% by others while the remaining 29.38% is free float.

    For further information please contact Turkcell: Corporate Affairs: Koray Ozturkler, Chief Corporate Affairs, Officer, Tel: +90-212-313-1500, Email: koray.ozturkler@turkcell.com.tr ; Investors: Ferda Atabek, Investor Relations, Tel: +90-212-313-2304, Email: ferda.atabek@turkcell.com.tr , investor.relations@turkcell.com.tr ; Media: Filiz Karagul Tuzun, Corporate Communications, Tel: +90-212-313-2319, Email: filiz.karagul@turkcell.com.tr .

    Turkcell

    CONTACT: For further information please contact Turkcell: Corporate
    Affairs: Koray Ozturkler, Chief Corporate Affairs, Officer, Tel:
    +90-212-313-1500, Email: koray.ozturkler@turkcell.com.tr ; Investors: Ferda
    Atabek, Investor Relations, Tel: +90-212-313-2304, Email:
    ferda.atabek@turkcell.com.tr , investor.relations@turkcell.com.tr ; Media:
    Filiz Karagul Tuzun, Corporate Communications, Tel: +90-212-313-2319, Email:
    filiz.karagul@turkcell.com.tr .




    Adtegrity.com Reports Improved First Quarter Revenue

    GRAND RAPIDS, Mich., April 25 /PRNewswire-FirstCall/ -- Adtegrity.com (Pink Sheets: ADTY), a Grand Rapids, Mich.-based company specializing in Internet advertising networks and services, today reported significantly improved revenues for the first quarter ended March 31, 2008.

    The Company's unaudited results included net income of $34,000 for the first quarter on revenues of $4.3 million, compared with net income of $147,000 on revenues of $3 million for the same quarter last year.

    "We are very pleased with our 43 percent increase in revenue for the first quarter and view it as validation of our strategic investments in people and infrastructure," said Adtegrity.com president and CEO Scott Brew. "We added five additional staff members during the period, primarily in sales. While these additions did reduce our bottom line for the period, we view them as important assets that will permit us to continue to scale with the opportunities we see in the marketplace."

    Adtegrity reported serving more than 31 billion ad impressions during the period, approximately the same total as the first quarter of 2007. The Company also noted that it has adjusted its 2007 year-end results following its annual independent audit. Net income for 2007 has been revised upward from the previously reported $50,358 to $147,689 as a result of reduced tax liability. Reported revenues did not change.

    Adtegrity.com's primary business is the delivery of interactive advertising and marketing services. Since its founding in 1999, the Company has established itself as a results-driven, customer-focused firm consistently ranking among the top 10 online advertising networks in the world. Adtegrity currently serves thousands of website clients and delivers billions of advertising impressions each month to tens of millions of unique users. For more information, visit http://www.adtegrity.com/ .

    Forward-Looking Statements: This news release may include certain forward- looking statements including, but not limited to, projections of revenue, income or loss and capital expenditures, statements regarding future operations, financing needs, plans relating to products or services of the Company, assessments of materiality, predictions of future events and the effects of pending and possible litigation, as well as assumptions relating to the foregoing. In addition, when used in this discussion, the words "anticipates," "believes," "estimates," "expects," "intends," "plans," "should," and variations thereof and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors, including but not limited to the Company's ability to manage rapid growth as a result of internal expansion and strategic acquisitions, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, the regulatory environment, fluctuations in operating results and other risks.

    Adtegrity.com

    CONTACT: Don Hunt or Patrick Kane, both of Lambert, Edwards &
    Associates, Inc., +1-616-233-0500, mail@lambert-edwards.com; or Scott Brew of
    Adtegrity.com, +1-616-285-5429

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




    AT&T and Starbucks Begin Nationwide Wi-Fi RolloutAT&T Wi-Fi Service to Be Available Soon in U.S. Company-Operated Starbucks Locations With a Wireless Hot Spot; San Antonio Stores First to Deliver Complete AT&T Experience

    SAN ANTONIO, Texas and SEATTLE, Wash., April 25 /PRNewswire-FirstCall/ -- AT&T Inc. and Starbucks today announced the beginning of the rollout of AT&T Wi-Fi(SM) service at company-operated Starbucks stores, kicking off a nationwide effort that will continue through 2008. At the 2008 AT&T Inc. Annual Meeting of Stockholders in San Antonio, chairman and chief executive officer Randall Stephenson announced that the companies have already started the deployment of AT&T Wi-Fi service at Starbucks locations in San Antonio, making it the first market to deliver the complete AT&T Wi-Fi experience in the U.S.

    Also, as of May 1, qualifying AT&T high speed Internet and Wi-Fi customers will have complimentary Wi-Fi access at more than 7,000 Starbucks locations nationwide. For millions of AT&T customers, that means more speed in more places -- and for free -- is on its way.

    "With the power of our Wi-Fi network, and through our partnership with Starbucks, we're strengthening our ability to meet the needs of today's mobile consumer virtually anywhere and everywhere," Stephenson said. "Expanding our reach across company-operated Starbucks locations nationwide helps us bridge the gap between our wired and wireless offerings and affirms AT&T's commitment to connect people with their worlds, everywhere they live and work."

    "We continue to build on the experience we know our customers expect from us," said Chris Bruzzo, chief technology officer, Starbucks. "By partnering with AT&T as our U.S. Wi-Fi provider we aim to deliver a better value, greater convenience and seamless connectivity in a mobility centric world to our customers."

    As of May 1, qualifying AT&T customers can connect to the Internet from Wi-Fi enabled company-operated Starbucks locations nationwide by simply selecting "ATTWiFi" after powering up their computers. Free AT&T Wi-Fi service is currently offered with AT&T's three higher-speed residential broadband packages, all small business broadband packages and with all AT&T U-verse(SM) offerings with high speed Internet service.

    For other customers, AT&T Wi-Fi service will reach company-operated Starbucks locations on a market-by-market basis throughout the year. The experience will include a mix of free and paid connection options for both frequent and occasional Wi-Fi users and qualifying Starbucks customers. Once AT&T Wi-Fi service is available, customers will be able to shop and surf both Starbucks' and AT&T's respective home pages for products and services.

    The initiative brings together two of the most recognizable global brands to create a powerful and convenient online experience for consumers and business customers. The San Antonio launch delivers on the companies' joint commitment to begin the rollout of AT&T Wi-Fi service this spring.

    AT&T is the nation's largest Wi-Fi provider.(1) In addition to offering access from more than 17,000 hot spots in the United States, the company provides Wi-Fi access from more than 71,000 hot spots around the world, including roaming locations.

    (1) Based on nonmunicipal hot spots available to AT&T customers About AT&T

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

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

    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.

    About Starbucks Coffee Company

    Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting the highest quality Arabica coffee in the world. Today, with nearly 16,000 stores and more than 170,000 partners (employees) in 44 countries, Starbucks is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at http://www.starbucks.com/.

    AT&T Inc.

    CONTACT: Joe Izbrand of AT&T Inc., +1-210-351-2487, ji3746@att.com; or
    Sanja Gould of Starbucks Coffee Company, +1-206-318-7100, press@starbucks.com

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




    PECO II to Broadcast Its First-Quarter 2008 Conference Call on the Web

    GALION, Ohio, April 25 /PRNewswire-FirstCall/ -- PECO II, Inc. will broadcast its first-quarter 2008 earnings conference call live over the Internet on Friday, May 2, 2008 at 10 a.m. Eastern time with Chairman, President, Chief Executive Officer, Chief Financial Officer and Treasurer, John G. Heindel.

    This call is being webcast by CCBN and can be accessed through the Company's Web site, http://www.peco2.com/ . The webcast is also being distributed over CCBN's Investor Distribution Network. Individual investors can listen to the call through CCBN's individual investor center at http://www.fulldisclosure.com/ or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (http://www.streetevents.com/).

    If you are unable to listen to the live webcast, a replay will be archived on the Web site http://www.peco2.com/ . You may also listen to a taped replay of the conference call by dialing 1-617-801-6888, and referencing passcode #60029892, beginning at 1 p.m. Eastern time, Friday, May 2, 2008 until 11:59 p.m. Eastern time, Friday, May 9, 2008.

    PECO II, headquartered in Galion, Ohio, provides engineering and on-site installation services and designs, manufactures and markets communications power systems and power distribution equipment. As the largest independent full-service provider of telecommunications power systems, the Company provides total power quality/reliability solutions and supports power infrastructure needs of communications service providers in the local exchange, long-distance, wireless, broadband and Internet markets. Additional information about PECO II can be found at http://www.peco2.com/ .

    Contact: John G. Heindel Chairman, President, Chief Executive Officer, Chief Financial Officer and Treasurer Tel: 419-468-7600

    PECO II, Inc.

    CONTACT: John G. Heindel, Chairman, President, Chief Executive Officer,
    Chief Financial Officer and Treasurer of PECO II, Inc., +1-419-468-7600

    Web site: http://www.peco2.com/




    Veridigm, Inc. (VRGD) Information Statement - April 25, 2008

    PACIFIC PALISADES, Calif., April 25 /PRNewswire-FirstCall/ -- Veridigm, Inc. (BULLETIN BOARD: VRGD) . Pursuant to NASD rule 6530(e) the Company reports that as of today's date, Veridigm will trade on the Pink Sheets. "We have been notified by FINRA that the Company has been delinquent in its SEC reporting obligations three times in the past 24-months as follows;

    i) 10-K YE 06 was filed late on 04/23/2007, ii) 2nd QTR 07 10-Q was filed late on 08/21/07 iii) 10-K YE 07 containing restated financials from YE 2006 and YE 2007. iv) The Company has elected against a delinquency appeal to FINRA based the filings in question. We believe sufficient resources have been utilized bringing the Company up to the SEC 1934 Act compliance. The Company will continue to remain 'fully reporting' and file all quarterly and year-end financial statements to abide by our standard of corporate transparency," stated President Gary P. Freeman.

    Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words 'anticipate,' 'believe,' 'estimate,' 'may,' 'intend,' 'expect' and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.

    Veridigm, Inc.

    CONTACT: Andrew Wilcox, Investor Relations of Veridigm, Inc.,
    1-888-646-5677




    UTStarcom to Host IPTV Webinar on April 28, 2008

    ALAMEDA, Calif., April 25 /PRNewswire-FirstCall/ -- UTStarcom, Inc. , a global leader in IP-based, end-to-end networking solutions and services, today announced that it will host an IPTV Webinar on Monday, April 28, 2008 at 11:00 a.m. PDT / 2:00 p.m. EDT.

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

    The Webinar will feature presentations from Peter Blackmore, UTStarcom's president and chief operating officer, and Brian Caskey, UTStarcom's vice president of worldwide marketing, and focus on the latest global IPTV market trends. The 60-minute presentation will include an overview of UTStarcom's RollingStream end-to-end IPTV solution and an update on the company's momentum and customer deployments in the Asia-Pacific, Europe and Latin America regions, as well as a closing Q&A session.

    The live webinar will be available at: http://investorrelations.utstar.com/eventdetail.cfm?eventid=53243.

    The conference call dial-in number is 877-548-7903. Participants who listen by phone should visit the Web site to access the slide presentation.

    To listen to the live webinar and have the opportunity to ask questions, please go to the Web site at least 15 minutes early to register, and to download and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will also be available on this site.

    About UTStarcom, Inc.

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

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

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

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




    Compuware Thought Leaders Contribute to New itSMF Book, 'IT Service Management, Global Best Practices'New Book Provides Practical Advice on IT Service Management Best Practices

    DETROIT, April 25 /PRNewswire-FirstCall/ -- Compuware Corporation today announced that two of the company's thought leaders, Linh C. Ho and Bryce Dunn, contributed three chapters to itSMF's new book entitled, "IT Service Management, Global Best Practices." The book, released this week at the IT Management Conference 2008: Beyond ITIL, Beyond Control, provides a sweeping overview of current IT service management (ITSM) best practices and serves as a vehicle for the introduction of new developments in the field. The book's refreshing approach details the expert experience of those who have struggled with many of today's ITSM challenges.

    "Compuware is pleased to take part in this exciting new book on ITSM best practices," said Steve Tack, Vice President of ITSM, Compuware. "The participation of Linh and Bryce demonstrates Compuware's leadership and practical experience in the field through the works of two of our top contributors. We are proud to share our field knowledge with our customers and the IT community at large."

    The Compuware leaders were chosen to author three chapters of the 40 chapter book through a rigorous selection process that involved 28 independent editorial members reviewing more than 100 submissions. The Compuware chapters cover: selecting business relevant metrics, bringing wisdom to ITSM with the service knowledge management system, and the power of Six Sigma for ITIL continual service improvement.

    "Technology vendors play a key part of the ITIL community, bringing a wealth of experience from around the world," said Jan van Bon, the book's chief editor. "Bryce and Linh were able to provide in-depth knowledge and expertise in Six Sigma, ITIL and hands on service management experience."

    The book will be available on amazon.com, vanharen.net, and in 33 countries around the world through itSMF. Purchasers ordering from vanharen.net can enjoy a 15 percent promotional discount by including the promotional code: "CPWRvantage" at http://www.vhpshop.com/product_info.php?products_id=413 .

    Linh C. Ho, Senior Product Marketing Manager for Compuware's ITSM solution, has 10 years of experience in the IT industry. She has written numerous articles and presented at conferences on ITIL, Six Sigma and Business Service Management. She is a co-author of itSMF's Six Sigma for IT Management book and was also on the review team for several itSMF books including ITIL v3 Foundation. She holds an Honors Baccalaureate in Commerce, International Business Management and Management Information Systems from the University of Ottawa, Canada. Linh is ITIL v3 Foundation Certified, a Six Sigma Champion and Pragmatic Marketing Certified.

    Bryce Dunn, Senior Product Manager for Compuware's business service management and service level management solutions, has spent more than 10 years working in IT service management with experience in sales and marketing, field implementation and product management. Bryce is a prolific writer and has published articles and white papers on IT service management industry trends and best practices. In his current role, Bryce brings his market and customer-driven approach to ensure that current and future customers have the best solutions for their changing business needs.

    Compuware Corporation

    Compuware Corporation maximizes the value IT brings to the business by helping CIOs more effectively manage the business of IT. Compuware solutions accelerate the development, improve the quality and enhance the performance of critical business systems while enabling CIOs to align and govern the entire IT portfolio, increasing efficiency, cost control and employee productivity throughout the IT organization. Founded in 1973, Compuware serves the world's leading IT organizations, including more than 90 percent of the Fortune 100 companies. Learn more about Compuware at http://www.compuware.com/ .

    Press Contact Sean M. Patrick, Communication Analyst, Compuware Communications and Investor Relations, 313-227-5594, sean.patrick@compuware.com For Sales and Marketing Information Compuware Corporation, One Campus Martius, Detroit, MI 48226, 800-521-9353, http://www.compuware.com/

    Compuware Corporation

    CONTACT: Sean M. Patrick, Communication Analyst, Compuware
    Communications and Investor Relations, +1-313-227-5594,
    sean.patrick@compuware.com of Compuware Corporation

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

    Company News On-Call: http://www.prnewswire.com/comp/112310.html




    EMC Commences Tender Offer for All Outstanding Shares of IomegaReceives Early Termination of HSR Waiting Period

    HOPKINTON, Mass. and SAN DIEGO, April 25 /PRNewswire/ -- EMC Corporation , the world leader in information infrastructure solutions, and Iomega Corporation , a global leader in data storage and protection for consumers and small businesses, today announced that EMC commenced a cash tender offer for all outstanding shares ("Shares") of the common stock of Iomega at a price of US$3.85 per share, net to the seller in cash. The cash tender is being made pursuant to the Offer to Purchase, dated April 24, 2008, and in connection with the Agreement and Plan of Merger, dated as of April 8, 2008, among EMC, Emerge Merger Corporation (a wholly owned subsidiary of EMC formed for the purpose of making the Offer) and Iomega, which EMC and Iomega publicly announced on April 8, 2008.

    The tender offer will expire at 12:00 midnight, Eastern Daylight Time, on Wednesday, May 21, 2008, unless extended.

    There is no financing condition to the tender offer, but the tender offer is subject to certain other conditions set forth in the Offer to Purchase, including, obtaining regulatory approvals from antitrust authorities in the U.S. and the European Commission. On April 22, 2008, the Federal Trade Commission granted us early termination of the waiting period under the Hart- Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the tender offer and merger.

    Additional Information and Where to Find It

    This press release is not an offer to purchase, a solicitation of an offer to purchase or a solicitation of an offer to sell any of the Shares. The solicitation and the offer to buy shares of Iomega common stock is being made pursuant to the Offer to Purchase and related materials that EMC and its wholly owned subsidiary filed with the U.S. Securities and Exchange Commission on April 24, 2008. EMC and its wholly owned subsidiary filed a Tender Offer Statement on Schedule TO containing an Offer to Purchase, forms of letters of transmittal and other documents relating to the tender offer, and Iomega filed a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the tender offer. EMC, its wholly owned subsidiary and Iomega have commenced mailing these documents to the stockholders of Iomega. These documents contain important information about the tender offer and stockholders of Iomega are urged to read them carefully. Investors and stockholders of Iomega are able to obtain a free copy of these and other documents filed by Iomega or EMC with the SEC at the website maintained by the SEC at http://www.sec.gov/. In addition, the tender offer statement and related materials may be obtained for free by directing such requests to EMC Corporation at 176 South Street, Attention: Office of the General Counsel, Hopkinton, MA 01748. Investors and stockholders may obtain a free copy of the solicitation/recommendation statement and such other documents from Iomega by directing requests to Iomega at 10955 Vista Sorrento Parkway, Attention: Corporate Secretary and General Counsel, San Diego, CA 92103.

    For additional information, please contact the information agent for the offer.

    The Information Agent for the Offer is: MORROW MORROW & CO., LLC 470 West Avenue Stamford, CT 06902 (203) 658-9400 Banks and Brokerage Firms Call: (800) 662-5200 Stockholders Call Toll Free: (800) 607-0088 E-mail: IOM.info@morrowco.com About EMC

    EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.emc.com/.

    About Iomega

    Iomega Corporation, headquartered in San Diego, is a worldwide leader in innovative storage and network security solutions for small and mid-sized businesses, consumers and others. Iomega has sold more than 400 million digital storage drives and disks since its inception in 1980. To learn about all of Iomega's digital storage products and managed services solutions, please go to the Web at http://www.iomega.com/. Resellers can visit Iomega at http://www.iomega.com/ipartner.

    EMC is a registered trademark of EMC Corporation. Iomega is a registered trademark of Iomega Corporation. All other trademarks are the property of their respective owners.

    This release contains "forward-looking statements" as defined under the federal securities laws. These include, without limitation, all references to the date the Offer will be completed. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) any adverse governmental reactions as we seek approvals for the acquisition of Iomega, or business partner reactions to the acquisition; (ii) material adverse changes in general economic or market conditions; (iii) the potential for Iomega's employees to leave their positions as a result of the acquisition; (iv) changes in the business of EMC or Iomega; or (v) other one-time events and other important factors disclosed previously and from time to time in EMC and Iomega's filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.

    EMC Corporation

    CONTACT: Dave Farmer of EMC Corporation, +1-508-293-7206,
    farmer_dave@emc.com, or Chris Romoser of Iomega, +1-858-314-7148,
    romoser@iomega.com

    Web site: http://www.emc.com/
    http://www.iomega.com/




    Vonage Holdings Corp. Signs Letter of Intent to Refinance Outstanding Convertible Debt

    HOLMDEL, N.J., April 25 /PRNewswire-FirstCall/ -- Vonage Holdings Corp. , a leading provider of broadband telephone services, announced today that it has signed a non-binding letter of intent with a third party financing source to provide $215 million in a private debt financing. The Company expects that approximately two-thirds of the financing will be provided through a senior secured credit facility and approximately one-third will be provided through issuance of convertible secured notes. The letter of intent is a proposal that will be used as a basis for financing and does not constitute a commitment.

    The Company intends to use the net proceeds from this financing, plus cash on hand, to repay, tender for or redeem its existing convertible notes, which can be put to the Company on December 16, 2008 and have a principal amount due of approximately $253 million. As of March 31, 2008, the Company had approximately $190 million in cash and cash equivalents of which $42 million was restricted and $148 million was unrestricted.

    John S. Rego, Vonage Chief Financial Officer said, "We are pleased with our progress at this stage of our refinancing efforts, particularly during this extremely challenging time for the credit markets."

    The Company expects to provide an update on the status of its refinancing efforts when it reports first quarter 2008 earnings on May 8, 2008. Additional information regarding the non-binding letter of intent is included in a Form 8-K filed today by the Company with the Securities and Exchange Commission.

    About Vonage

    Vonage is a leading provider of broadband telephone services with 2.6 million subscriber lines. Our award-winning technology enables anyone to make and receive phone calls with a touch tone telephone almost anywhere a broadband Internet connection is available. We offer feature-rich and cost-effective communication services that offer users an experience similar to traditional telephone services.

    Our Residential Premium Unlimited and Small Business Unlimited calling plans offer consumers unlimited local and long distance calling, and popular features like call waiting, call forwarding and voicemail -- for one low, flat monthly rate. Vonage's service is sold on the web and through national retailers including Best Buy, Circuit City, Wal-Mart Stores Inc. and Target and is available to customers in the U.S., Canada and the United Kingdom. For more information about Vonage's products and services, please visit http://www.vonage.com/.

    Vonage Holdings Corp. is headquartered in Holmdel, New Jersey. Vonage(R) is a registered trademark of Vonage Marketing Inc., a subsidiary of Vonage Holdings Corp.

    Safe Harbor Statement

    This press release contains forward-looking statements regarding the Company's proposed financing. The forward-looking statements in this release are based on information available at the time the statements are made and/or management's belief as of that time with respect to future events and involve risks and uncertainties that could cause actual results and outcomes to be materially different. These factors include the Company's ability to consummate the financing arrangement, which is subject to numerous uncertainties, including but not limited to completion of due diligence review by the financing party, successful negotiation among the Company and the financing party of a commitment for the financing arrangement and successful negotiation of definitive documentation for the financing arrangement. The consummation of the transactions may also be impacted by the other risks and uncertainties detailed in the Company's filings with the Securities and Exchange Commission. While the Company may elect to update forward-looking statements at some point in the future, it specifically disclaims any obligation to do so, and therefore, you should not rely on these forward- looking statements as representing our views as of any date subsequent to today.

    (vg-f)

    Vonage Holdings Corp.

    CONTACT: Investor Contact, Leslie Arena, +1-732-203-7372,
    leslie.arena@vonage.com, or Media Contact, Michael Zema, +1-732-528-2677,
    michael.zema@vonage.com, both of Vonage Holdings Corp.

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




    Verizon Communications to Report Earnings on April 28

    NEW YORK, April 25 /PRNewswire/ -- Verizon Communications Inc. will report first-quarter 2008 earnings on Monday, April 28.

    Doreen Toben, Verizon executive vice president and chief financial officer, and Denny Strigl, Verizon president and chief operating officer, will present results on a webcast beginning 8:30 a.m. Eastern time. Access instructions and presentation materials, including Verizon's earnings release, will be available by 7:30 a.m. on Verizon's Investor Relations Web site, http://www.verizon.com/investor.

    VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.

    Verizon Communications Inc.

    CONTACT: Bob Varettoni, Verizon, +1-908-559-6388,
    robert.a.varettoni@verizon.com

    Web site: http://www.verizon.com/
    http://www.verizon.com/investor
    http://www.verizon.com/news

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




    Microsoft Completes Tender Offer for FAST Search & TransferFAST CEO John Markus Lervik to lead Microsoft's enterprise search business.

    REDMOND, Wash., April 25 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced that it has completed settlement of its tender offer for Fast Search & Transfer ASA, a leading provider of enterprise search solutions. Microsoft's plans to acquire FAST were originally announced Jan. 8, 2008. FAST will operate as a Microsoft subsidiary, with a dedicated enterprise search research and development center in Oslo, Norway, and offices throughout the world.

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

    "With our companies combined, we'll be uniquely able to offer customers what they've been telling us they want most -- a strategy for meeting everything from their basic to most complex enterprise search needs," said Jeff Teper, corporate vice president for the Office Business Platform at Microsoft. "I'm incredibly excited to have the talented team from FAST joining us."

    John Markus Lervik will transition from his role as FAST CEO to become Microsoft's corporate vice president of Enterprise Search, reporting to Teper. Under Lervik's leadership, the group's charter will include the development of a comprehensive portfolio of enterprise search offerings, including Microsoft Search Server 2008 Express, search for Microsoft Office SharePoint Server 2007 and FAST ESP, and future delivery of a single enterprise search platform.

    "From the moment I started talking to Microsoft about the prospect of bringing our talent and technology together, I realized what a powerful impact we could have on the way companies use search to drive new revenue streams and improve productivity," Lervik said. "Together we'll deliver better technologies that make enterprise search a ubiquitous tool, central to how people find and use information."

    Existing FAST customers will continue to be served by their FAST sales, services and support teams, while the combined product lineup immediately extends customer choice. Further innovation across the entire enterprise search portfolio -- on Microsoft Windows as well as on Linux and UNIX -- will help ensure that Microsoft and FAST customers receive best-in-class offerings to meet their current and future needs.

    Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

    CONTACT: Rapid Response Team of Waggener Edstrom Worldwide,
    +1-503-443-7070, rrt@waggeneredstrom.com; or Microsoft Investor Relations,
    1-800-285-7772, (United States), or +1-425-706-4400 (International),
    msft@microsoft.com

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




    Lexmark selected to support mission of the U.S. Air Force

    LEXINGTON, Ky., April 25 /PRNewswire-FirstCall/ -- Lexmark International, Inc. has received an award from the U.S. Air Force in the form of a five-year, blanket purchase agreement to provide laser printers, multifunction products (MFPs), consumables, services and support. The contract, awarded as part of a strategic sourcing initiative, is expected to reduce the Air Force's total output-related costs by more than $40 million, helping to recapitalize its aircraft fleet.

    "We are proud to be selected by the U.S. Air Force to help support its mission," said Marty Canning, Lexmark vice president and president of its Printing Solutions and Services Division. "Our years of experience with many federal agencies give us great confidence that Lexmark's products, solutions and services will also be extremely valuable to the Air Force. We look forward to helping the Air Force assess its printing and imaging requirements, significantly reduce costs, increase the security of its environment, and simplify the maintenance and management of its assets around the world."

    Following a rigorous competitive review, Lexmark was selected because of its thorough approach to total cost of ownership, its worldwide service and support capabilities and its comprehensive set of product security features verified by the National Information Assurance Partnership, including Common Access Card (CAC) authentication, encryption and hard disk wiping capabilities, which will help the Air Force keep its information secure. The contract identifies Lexmark products in 11 specific output categories, including six network laser printers and five MFP types, in addition to accessories, services, maintenance and consumables.

    For more information about Lexmark's industry-specific products, solutions and services, visit http://www.lexmark.com/solutions .

    About Lexmark

    Lexmark International, Inc. provides businesses and consumers in more than 150 countries with a broad range of printing and imaging products, solutions and services that help them to be more productive. In 2007, Lexmark reported $5.0 billion in revenue. Learn how Lexmark can help you get more done at http://www.lexmark.com/ .

    Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective owners.

    "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this release which are not historical facts are forward-looking and involve risks and uncertainties, including, but not limited to, weak economic conditions, aggressive pricing from competitors and resellers, inability to be successful in the higher-usage segments of the inkjet market, the financial failure or loss of business with a key customer or reseller including loss of retail shelf placements, disruptions at important points of exit and entry and distribution centers, market acceptance of new products and pricing programs, periodic variations affecting revenue and profitability, the inability to meet customer product requirements on a cost competitive basis, failure to execute planned cost reduction measures, entrance into the market of additional competitors focused on printing solutions, increased investment to support product development and marketing, inability to perform under managed print services contracts, decreased supplies consumption, increased competition in the aftermarket supplies business, failure to successfully outsource the infrastructure support of information technology systems, failure to manage inventory levels or production capacity, unforeseen cost impacts as a result of new legislation, fees on the company's products or litigation costs required to protect the company's rights, inability to obtain and protect the company's intellectual property and defend against claims of infringement and/or anticompetitive conduct, reliance on international production facilities, manufacturing partners and certain key suppliers, changes in a country's political or economic conditions, conflicts among sales channels, the failure of information technology systems, changes in the company's tax provisions or tax liabilities, business disruptions, currency fluctuations, terrorist acts, acts of war or other political conflicts, or the outbreak of a communicable disease, and other risks described in the company's Securities and Exchange Commission filings. The company undertakes no obligation to update any forward-looking statement.

    All prices, features, specifications and capabilities are subject to change without notice.

    Lexmark International, Inc.

    CONTACT: Emily Rardin of Lexmark International, Inc., +1-859-232-7818,
    erardin@lexmark.com

    Web site: http://www.lexmark.com/
    http://www.lexmark.com/solutions




    ChoicePoint(R) Reports First Quarter 2008 Results- Internal revenue in the Insurance Services segment grew 12.2 percent.- Net Free Cash Flow from continuing operations increased to $29 million for the quarter.- Shareholders voted overwhelmingly to approve the proposed acquisition of ChoicePoint by Reed Elsevier.

    ALPHARETTA, Ga., April 25 /PRNewswire-FirstCall/ -- For the first quarter of 2008, ChoicePoint Inc. reported consolidated service revenue from continuing operations of $252.9 million, compared to $239.6 million for the first quarter of 2007. Total revenue from continuing operations was $256.4 million in the first quarter of 2008, compared to $244.5 million for the first quarter of 2007. Diluted earnings per share from continuing operations ("EPS") for the first quarter of 2008 was $0.39, compared to $0.38 for the first quarter of 2007. Excluding certain other operating charges, EPS would have increased 9 percent to $0.43 for the first quarter of 2008, compared to $0.39 for the same period of 2007.

    The following table provides a reconciliation of EPS excluding other operating charges to EPS calculated in accordance with generally accepted accounting principles ("GAAP") for the first quarter of 2008 and 2007:

    Quarter ended March 31, 2008 2007 EPS excluding other operating charges $0.43 $0.39 Other operating charges (0.04) (0.01) EPS $0.39 $0.38

    Other operating charges of $4.1 million ($0.04 per share) incurred during the first quarter of 2008 were primarily for costs associated with the Company's pending sale to Reed Elsevier and severance costs at various business units. See Note (c) to Financial Highlights for additional detail of 2008 and 2007 other operating charges.

    Cash Flow and Balance Sheet Highlights - First Quarter -- Cash flows from operating activities of continuing operations were $43.9 million for the three months ended March 31, 2008, compared to $37.8 million for the three months ended March 31, 2007. With $14.9 million in capital expenditures during the first quarter of 2008 and $10.5 million during the same period in 2007, net free cash flow from continuing operations (cash flows from operating activities of continuing operations less capital expenditures) for the quarter ended March 31, 2008 was $29.0 million, compared to $27.2 million for the quarter ended March 31, 2007. The improved cash flow results for the three months ended March 31, 2008 compared to the same period in 2007 primarily reflect improved working capital management, partially offset by increased capital expenditures. -- Net debt (total debt of $573.8 million less cash and cash equivalents of $31.9 million) at March 31, 2008, decreased by $47.9 million from December 31, 2007 to $541.9 million, with an average effective interest rate of 4.8 percent, as the Company utilized its cash flows to fund capital expenditures and pay down debt. The remaining debt capacity at March 31, 2008 under our committed financing lines was $440.7 million. -- The Company did not repurchase any shares of its common stock during the first quarter of 2008. Financial Highlights - First Quarter -- First quarter service revenue from continuing operations increased 5.5 percent to $252.9 million in 2008, from $239.6 million in 2007. Internal revenue (service revenue less revenue from acquisitions) from continuing operations in the first quarter of 2008 increased 3.7 percent from the first quarter of 2007. Continued strong internal revenue growth of 12.2 percent in the Insurance Services segment (excluding $2.1 million of revenue related to an acquisition completed in the first quarter of 2008) was offset by declines in the Marketing Services and Business Services segments, primarily due to poor macroeconomic conditions faced by our customers in these segments. -- Operating income from continuing operations for the first quarter of 2008 was $51.7 million, compared to $54.1 million for the same period of 2007. Operating income from continuing operations for the three months ended March 31, 2008 was reduced by other operating charges of $4.1 million ($2.7 million net of taxes) consisting of the following: * Charges of $2.0 million for transaction-related expenses associated with the Company's pending sale to Reed Elsevier. * Charges of $2.1 million consisting primarily of severance and asset impairment charges. -- Operating income from continuing operations for the quarter ended March 31, 2007 included other operating charges of $1.2 million ($0.7 million net of taxes) consisting of the following: * Charges of $0.6 million for lease abandonment, severance, and impairment charges associated with the consolidation of facilities. * Charges of $0.6 million for third party expenses related to the previously disclosed fraudulent data access. Excluding these charges, operating income from continuing operations would have been $55.7 million and $55.3 million for the first quarter of 2008 and 2007, respectively. -- The Company's effective tax rate for continuing operations in the first quarter of 2008 was 40.0 percent, compared to 38.1 percent for the first quarter of 2007. The increase in the effective tax rate in 2008 is due primarily to the non-deductibility of certain charges incurred in connection with proposed acquisition of ChoicePoint by Reed Elsevier, and the December 31, 2007 expiration of the Federal R&D Tax Credit. -- Interest expense was $7.7 million for the first quarter of 2008, an increase of $1.4 million from the first quarter of 2007, due to higher average debt outstanding, which is primarily associated with the Company's share repurchases throughout 2007. Operational Highlights Insurance Services -- Total revenue increased 13.9 percent to $142.7 million in the first quarter of 2008, compared to $125.3 million in the same period of the prior year. Excluding revenue of $2.1 million related to an acquisition in the first quarter of 2008, internal revenue increased 12.2 percent in the Insurance Services segment. This growth was a result of double-digit internal revenue growth in all three insurance businesses: data services, claims and fraud analytics, and our software business. -- Operating income increased 10.5 percent in Insurance Services to $72.0 million for the first quarter of 2008, compared with $65.2 million for the first quarter of 2007. Operating profit margin was 50.5% for the first quarter of 2008, compared to 52.0% in the first quarter of 2007. This decrease is primarily due to changes in product mix and ongoing investments in new product initiatives. Screening and Authentication Services -- Total revenue and internal revenue both increased by 1.4 percent in the first quarter of 2008 to $62.3 million, compared to $61.4 million in the first quarter of 2007. Double-digit internal revenue growth from our occupational health, tenant screening, Bridger, and VitalChek businesses was offset by continued negative internal revenue growth in our employment-related screening business, due primarily to reduced hiring levels by our customers, particularly customers in the retail sector. -- Operating income in Screening and Authentication Services was $10.4 million for the first quarter of 2008, compared to $10.1 million in the same period of the prior year. Operating profit margin increased to 16.7% for the first quarter of 2008, from 16.4% in the first quarter of 2007. This increase is primarily due to the impact of the revenue increase discussed above. Business Services -- Total revenue increased by 0.5 percent to $35.9 million in the first quarter of 2008 from $35.7 million in the first quarter of 2007. These results include the impact of our Charles Jones joint venture, which was effective July 1, 2007. Excluding the impact of the Charles Jones joint venture, internal revenue declined 5.8 percent during the first quarter of 2008, as compared to the same period of the prior year, as we experienced declining revenues, particularly from our on-demand business due diligence products. -- Operating income in the Business Services segment was $1.4 million for the first quarter of 2008, compared to $0.9 million for the same period of 2007. Operating profit margin was 3.9% for the first quarter of 2008, compared to 2.6% in the first quarter of 2007, as improved margins in our public records business offset declines in the Charles Jones and BIS business units. Marketing Services -- First quarter total revenue and internal revenue for Marketing Services (which includes all of the Company's revenue from reimbursable expenses) declined 29 percent to $15.6 million in 2008 from $22.1 million in 2007. Marketing Services' service revenue for the first quarter of 2008 declined 30 percent to $12.0 million from $17.2 million in the first quarter of 2007, primarily due to continued reductions in spending by our customers in the financial services market. -- Marketing Services incurred an operating loss of $1.1 million in the first quarter of 2008, compared with operating income of $1.2 million for the same period of 2007. The operating profit margin decline from 7.0% in the first quarter of 2007 to a negative 9.1% in the first quarter of 2008 was due to the revenue decrease from 2007 to 2008. Corporate and Shared Expenses -- For the first quarter of 2008, corporate and shared expenses were $21.7 million, or 8.6 percent of consolidated service revenue, compared to $16.6 million, or 6.9 percent of service revenue, in the first quarter of 2007. The increase in corporate and shared expenses is due to $1.9 million of incremental third party legal costs, and $3.2 million of incremental incentive compensation. For additional information on corporate and shared expenses, please refer to the table at the end of this release. -- The Company recorded stock-based compensation expense of $5.3 million ($3.9 million net of taxes) during the first quarter of 2008. Approximately $0.9 million of stock-based compensation expense is included in cost of revenue, with the remaining $4.4 million of stock- based compensation expense included in selling, general and administrative expenses. These amounts include restricted stock expense of $2.9 million ($1.8 million net of taxes), and stock option expense of $2.3 million ($2.1 million net of taxes). The Company recorded $5.5 million ($4.1 million net of taxes) of stock-based compensation expense in the first quarter of 2007, which includes restricted stock expense of $2.3 million ($1.4 million net of taxes) and stock option expense of $3.2 million ($2.7 million net of taxes). Disposition of Assets Held for Sale

    On April 24, 2008, the Company announced it had entered into an agreement to sell its government software business, ("i2"), to Silver Lake Sumeru, a leader in private investments in technology, technology-enabled and related growth industries, in a cash purchase of $185 million. The consummation of the transaction remains subject to receipt of required regulatory approval and satisfaction of customary closing conditions as described in the agreement. Additionally, the Company sold its iMap business to a private investment group in March 2008. The Company had reclassified the operations of both i2 and iMap to discontinued operations in 2007 as part of its previously announced strategy of divesting businesses that did not fit within its strategic focus of helping customers manage economic risks.

    Shareholders Approve Merger with Reed Elsevier

    On April 16, 2008 at a special meeting of the shareholders of the Company, ChoicePoint shareholders overwhelmingly voted to approve the previously disclosed Agreement and Plan of Merger, dated as of February 20, 2008, by and among ChoicePoint, Reed Elsevier Group plc and Deuce Acquisition Inc., under which ChoicePoint would be acquired by Reed Elsevier.

    More than 99.5 percent of all votes cast were voted in favor of the transaction. The consummation of the transaction remains subject to receipt of required regulatory approval and satisfaction of customary closing conditions as described in the merger agreement.

    About ChoicePoint

    ChoicePoint provides businesses, government agencies and non- profit organizations with technology, software, information and marketing services to help manage economic risks as well as identify business opportunities. Consumers have free access to the reports we create at http://www.choicetrust.com/. Learn what we do to protect consumer privacy by visiting http://www.privacyatchoicepoint.com/ and, for more information on our company, go to http://www.choicepoint.com/.

    Forward-Looking Statements

    Certain written statements in this release and oral statements made by or on behalf of the Company may constitute "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Words or phrases such as "should result," "are expected to," "anticipate," "estimate," "project," or similar expressions are intended to identify forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statements. These risks and uncertainties include, but are not limited to, the following important factors: the results of our ongoing review of fraudulent data access and other events, the risk that the proposed merger between the Company and a wholly owned subsidiary of Reed Elsevier Group plc will not be consummated within the time frame disclosed by the Company or at all, the results of litigation or government proceedings, demand for the Company's services, product development, maintaining acceptable margins, the continued revenue decline from customers in the sub-prime mortgage lending industry, maintaining our data supply, maintaining secure systems including personal privacy systems, our ability to minimize system interruptions, our ability to control costs, the impact of federal, state and local regulatory requirements on the Company's business, privacy matters and any federal or state legislative responses to identify theft concerns, the impact of competition and customer consolidations, our ability to continue our long-term business strategy, the implementation of plans to divest the software business of our Government Services segment, including unanticipated losses realized in connection with any such sales, our ability to attract and retain qualified personnel, and the uncertainty of economic conditions in general. Additional information concerning these and other risks and uncertainties is contained in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10.K for the year ended December 31, 2007 (collectively, the "SEC Filings"). Readers are cautioned not to place undue reliance on forward-looking statements, since the statements speak only as of the date that they are made, and the Company undertakes no obligation to publicly update these statements based on events that may occur after the date of this press release.

    ChoicePoint Inc. Financial Highlights (Unaudited) Three Months Ended March 31, (Dollars in thousands, except per share data) 2008 2007 Service revenue (a) $252,907 $239,617 Reimbursable expenses per EITF 01-14 (b) 3,539 4,859 Total revenue 256,446 244,476 Cost of revenue 136,930 130,428 Reimbursable expenses 3,539 4,859 Selling, general and administrative expenses 60,244 53,926 Other operating charges (c) 4,069 1,157 Total costs and expenses 204,782 190,370 Operating income 51,664 54,106 Interest expense 7,669 6,316 Income from continuing operations before income taxes 43,995 47,790 Provision for income taxes 17,591 18,222 Income from continuing operations 26,404 29,568 Income (loss) from discontinued operations, net of taxes (d) (3,419) 1,354 Net income $22,985 $30,922 Effective tax rate, continuing operations 40.0% 38.1% EPS - diluted Income from continuing operations $0.39 $0.38 Income (loss) from discontinued operations (0.05) 0.02 Net income $0.34 $0.40 Weighted average shares - diluted 68,200 77,362 See accompanying notes. ChoicePoint Inc. Financial Highlights Reconciliation to financial information excluding other expenses and discontinued operations (Unaudited) Three Months Ended March 31, (Dollars in thousands, except per share data) 2008 2007 Net income $22,985 $30,922 Income (loss) from discontinued operations, net of taxes (d) (3,419) 1,354 Provision for income taxes 17,591 18,222 Interest expense 7,669 6,316 Operating income 51,664 54,106 Add back other operating charges (c) (e) 4,069 1,157 Operating income before other expenses (f) 55,733 55,263 Interest expense 7,669 6,316 Income from continuing operations before income taxes & other expenses (f) 48,064 48,947 Provision for income taxes 18,985 18,663 Net income from continuing operations before other expenses (f) $29,079 $30,284 Effective tax rate from continuing operations excluding other expenses (f) 39.5% 38.1% Earnings per share from continuing operations - diluted excluding other expenses (f) $0.43 $0.39 Three Months Ended March 31, 2008 2007 Earnings per share from continuing operations - diluted excluding other expenses (f) $0.43 $0.39 Other operating charges (0.04) (0.01) Earnings per share from continuing operations $0.39 $0.38 See accompanying notes. ChoicePoint Inc. Financial Highlights (Unaudited) Three months ended March 31, (dollars in thousands) 2008 2007 Cash Flow Highlights Income from continuing operations $26,404 $29,568 Depreciation & amortization 14,824 16,100 Changes in assets & liabilities and other 2,651 (7,898) Net cash provided by operating activities - continuing operations $43,879 $37,770 Proceeds from the disposition of discontinued operations $1,800 $27,864 Acquisitions & investments, net of cash acquired (6,229) (207) Capital expenditures (14,888) (10,534) Net cash provided by (used in) investing activities - continuing operations $(19,317) $17,123 Net cash used in financing activities - continuing operations $(18,586) $(42,922) Net cash provided by operating, investing, and financing activities of discontinued operations $5,787 $612 Reconciliation of Net Free Cash Flow (g) Net cash provided by operating activities - continuing operations $43,879 $37,770 Capital expenditures (14,888) (10,534) Net free cash flow from continuing operations 28,991 27,236 See accompanying notes. ChoicePoint Inc. Financial Highlights (Unaudited) (Dollars in thousands) Key Balance Sheet Highlights & Reconciliation of Net Debt to Total Debt March 31, March 31, 2008 2007 Short-term debt and current maturities of long-term debt $11,342 $110,011 Long-term debt, net of current maturities 562,500 350,025 Total debt 573,842 460,036 Cash and cash equivalents 31,956 39,242 Net debt (h) $541,886 $420,794 Shareholders' equity $351,235 $614,409 Net debt to book capital 60.7% 40.6% Days sales outstanding for continuing operations (adjusted for pass-through expenses) 43 days 40 days Calculation of EBITDA and Ratio of Twelve Months Ended Net Debt to EBITDA Ratio (i) March 31, (Dollars in thousands) 2008 2007 Net Income - as reported $24,486 $17,234 Loss from discontinued operations, net of taxes 35,338 39,186 Income from continuing operations 59,824 56,420 Provision for income taxes 41,141 34,693 Interest expense 28,385 20,031 Operating income 129,350 111,144 Add back: other expenses: Other operating charges 94,610 112,742 Operating income - continuing operations - as adjusted 223,960 223,886 Depreciation and amortization 62,468 63,799 Stock-based compensation 20,949 22,514 Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) $307,377 $310,199 Net Debt to EBITDA Ratio (i) 1.76 1.36 Share Repurchase Summary (In thousands, except per share data) Total number Average cost Total cost of shares per for repurchased share shares Three months ended March 31, 2008 - $- $- Inception of buyback program through March 31, 2008 25,482 $38.56 $982,486 See accompanying notes. ChoicePoint Inc. Notes to Financial Highlights (a) Service revenue excludes revenue from reimbursable expenses (see (b) below). The Company uses service revenue to measure its continuing operations without the effect of reimbursable expenses. (b) Reimbursable expenses per Emerging Issues Task Force 01-14, "Income Statement Characterization of Reimbursements Received for 'Out-of- Pocket' Expenses Incurred" ("EITF 01-14"), represent out-of-pocket expenses fully reimbursed by ChoicePoint's customers and recorded as revenues and expenses in accordance with EITF 01-14. As these expenses are fully reimbursed, without mark-up, by our customers and in a majority of cases prepaid by the customers, there is no impact on operating income, net income, EPS, cash flows or the balance sheet. In addition, management excludes these expenses from its revenue analysis for operational management and incentive purposes; therefore, we have separately identified these expenses and excluded their impact in our calculations of service revenue, internal revenue growth and operating margins. Other pass-through expenses such as motor vehicle registry fees will continue to be accounted for on a net basis and, as such, excluded from revenues in our financial statements in accordance with generally accepted accounting principles ("GAAP"). First quarter pass-through expenses related to continuing operations totaled $216.9 million in 2008 and $214.7 million in 2007. (c) Other operating charges includes the following components: Three Months Ended March 31, (Dollars in thousands) 2008 2007 Asset impairments $486 $279 Transaction-related expenses 2,044 - Lease abandonment, severance and other 1,440 311 Fraudulent data access related expense 99 567 Total other operating charges $4,069 $1,157 Included in transaction-related expenses above are investment banking and other costs related to the Company's pending sale to Reed Elsevier. (d) Income (loss) from discontinued operations, net of tax, includes the following components: Three Months Ended March 31, (Dollars in thousands) 2008 2007 Income (loss) from discontinued operations, net of taxes $(3,456) $1,719 Gain (loss) on sale of discontinued operations, net of taxes 37 (365) Income (loss) from discontinued operations, net of taxes $(3,419) $1,354 (e) The Company has presented this analysis with and without these items because they represent costs that management excludes in its assessments of operating results of the business. (f) To supplement the Company's consolidated financial statements presented on a GAAP basis, the Company provides the following non-GAAP financial measures: "operating income before other expenses," "income from continuing operations before income taxes and other expenses," "net income from continuing operations before other expenses," "effective tax rate from continuing operations excluding other expenses" and "earnings per share from continuing operations - diluted excluding other expenses". In each case, these non-GAAP financial measures differ from the equivalent GAAP financial measures in that they exclude the other operating charges described in Note (c), which include expenses related to the pending merger with Reed Elsevier, severance, lease abandonment, fraudulent data access, and other costs relating to the consolidation of facilities. Management uses these non-GAAP financial measures for internal purposes in evaluating and forecasting the Company's operating performance because they exclude expenses that are not reflective of the Company's ongoing operating performance and, in the case of expenses related to the fraudulent data access and consolidation of operating platforms, are expected to be limited in duration and decreasing over time. The Company also uses certain of these non-GAAP financial measures in setting bonus targets and targets for other performance-based compensation plans. Management believes these non- GAAP financial measures assist investors in comparing the Company's results with prior periods in which such expenses were not taken. These adjusted financial measures should not be considered in isolation or as a substitute for GAAP operating income, income before taxes, net income or earnings per share. In addition, there are limitations associated with the use of these non-GAAP financial measures. For example, expenses associated with items such as the fraudulent data access or consolidation of technology platforms could have a material impact on cash flows or liquidity. These effects are reflected in our GAAP financial statements. These non-GAAP financial measures reflect an additional way of viewing aspects of our operations that, when viewed with our GAAP results and reconciliations to corresponding GAAP financial measures, provide a more complete understanding of our business. The Company strongly encourages investors to review its financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. Other companies may use different methodologies for calculating their non-GAAP financial measures and, accordingly, the Company's non-GAAP financial measures may not be comparable to those measures. (g) Net free cash flow is not defined under GAAP. Therefore, it should not be considered a substitute for income or cash flow data prepared in accordance with GAAP and may not be comparable to similarly-titled measures used by other companies. The Company defines net free cash flow as cash flows from operating activities of continuing operations less capital expenditures. It should not be inferred that the entire net free cash flow amount is available for discretionary expenditures. The Company believes net free cash flow is a useful measure of performance and its ability to generate cash. (h) Net debt is not defined under GAAP. The Company defines net debt as total debt less cash and cash equivalents. Management believes that net debt provides useful information regarding the level of the Company's indebtedness by reflecting cash and investments that could be used to repay debt. Therefore, it should not be considered a substitute for total debt data prepared in accordance with GAAP and may not be comparable to similarly titled measures used by other companies. (i) To supplement the Company's balance sheet information presented on a GAAP basis, the Company also uses "net debt to EBITDA ratio". Net debt to EBITDA ratio is a non-GAAP measure, which may be determined or calculated differently by other companies, and is obtained by dividing the Company's net debt as of a specific date by its EBITDA for the specified period ending on such date. Net debt is calculated by subtracting cash and cash equivalents from total debt. The Company defines EBITDA as net income from continuing operations before taxes, interest, other operating charges, depreciation and amortization, including amortization associated with stock-based compensation. The Company's net debt to EBITDA ratio is required to be calculated by the Company's loan covenants and Management uses it to evaluate the Company's ability to repay or refinance its debt obligations. Management believes that net debt is a useful measure because it represents the amount of debt obligations that are not covered by available cash and temporary investments. Management believes that EBITDA is a useful measure in this context because it assists management in comparing the Company's performance on a consistent basis without regard to depreciation and amortization, which are non- cash in nature and can vary significantly depending upon accounting methods or non-operating factors such as historical cost. The Company's net debt to EBITDA ratio should not be considered in isolation or as a substitute for a ratio of GAAP total debt to net income. The Company strongly encourages investors to review its financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. Other companies may use different methodologies for calculating their non-GAAP financial measures and, accordingly, the Company's non-GAAP financial measures may not be comparable to those measures. ChoicePoint Inc. 2008 Segment Results - Continuing Operations (Dollars in thousands) Q1 2008 Revenue Insurance Services $142,686 Screening and Authentication Services 62,319 Business Services 35,887 Marketing Services 12,015 Service Revenue 252,907 Reimbursable Expenses per EITF 01-14 3,539 Total Revenue $256,446 Operating Income Insurance Services $72,024 Screening and Authentication Services 10,401 Business Services 1,392 Marketing Services (1,091) Corporate & shared expenses (a) (21,740) Stock-based compensation (b) (5,253) Operating income before other expenses 55,733 Other operating charges (c) (4,069) Operating income $51,664 Total Service Revenue Growth Rates Insurance Services 13.9% Screening and Authentication Services 1.4% Business Services 0.5% Marketing Services -30.1% Total operations 5.5% Internal Revenue Growth Rates Insurance Services 12.2% Screening and Authentication Services 1.4% Business Services -5.8% Marketing Services -30.1% Total operations 3.7% Operating Profit Margins Insurance Services 50.5% Screening and Authentication Services 16.7% Business Services 3.9% Marketing Services (d) -9.1% Operating income before other operating charges as a percentage of service revenue (c) 22.0% Operating income as a percentage of total revenue 20.1% ChoicePoint Inc. 2007 Segment Results - Continuing Operations (Dollars in thousands) Q1 2007 Q2 2007 Q3 2007 Q4 2007 Total 2007 Revenue Insurance Services $125,282 $125,185 $129,211 $125,909 $505,587 Screening and Authentication Services 61,438 65,881 64,556 60,974 252,849 Business Services 35,697 36,159 36,456 33,857 142,169 Marketing Services 17,200 15,313 14,320 13,140 59,973 Service Revenue 239,617 242,538 244,543 233,880 960,578 Reimbursable Expenses per EITF 01-14 4,859 5,412 5,640 5,466 21,377 Total Revenue $244,476 $247,950 $250,183 $239,346 $981,955 Operating Income Insurance Services $65,179 $62,727 $65,032 $65,239 $258,177 Screening and Authentication Services 10,067 12,714 13,237 10,583 46,601 Business Services 940 2,918 2,205 825 6,888 Marketing Services 1,197 752 495 (33) 2,411 Corporate & shared expenses (a) (16,585) (15,277) (17,894) (19,598) (69,354) Stock-based compensation (b) (5,535) (5,528) (5,447) (4,721) (21,231) Operating income before other expenses 55,263 58,306 57,628 52,295 223,492 Other operating charges (c) (1,157) (278) (2,499) (87,764) (91,698) Operating income $54,106 $58,028 $55,129 $(35,469) $131,794 Total Service Revenue Growth Rates Insurance Services 11.5% 11.5% 11.3% 10.7% 11.3% Screening and Authentication Services -0.7% 1.4% -3.4% -3.9% -1.6% Business Services -4.3% -1.9% 2.7% -5.3% -2.2% Marketing Services -21.4% -20.0% -25.0% -33.0% -24.8% Total operations 2.7% 4.0% 2.9% 0.6% 2.6% Internal Revenue Growth Rates Insurance Services 8.0% 9.3% 11.0% 10.7% 9.7% Screening and Authentication Services -1.4% 1.2% -3.4% -3.9% -1.9% Business Services -4.3% -1.9% -4.1% -11.0% -5.3% Marketing Services -21.4% -20.0% -25.0% -33.0% -24.8% Total operations 0.8% 2.9% 1.8% -0.3% 1.3% Operating Profit Margins Insurance Services 52.0% 50.1% 50.3% 51.8% 51.1% Screening and Authentication Services 16.4% 19.3% 20.5% 17.4% 18.4% Business Services 2.6% 8.1% 6.0% 2.4% 4.8% Marketing Services (d) 7.0% 4.9% 3.5% -0.3% 4.0% Operating income before other operating charges as a percentage of service revenue (c) 23.1% 24.0% 23.6% 22.4% 23.3% Operating income as a percentage of total revenue 22.1% 23.4% 22.0% -14.8% 13.4% ChoicePoint Inc. Segment Results - Continuing Operations Notes to Segment Results (a) Corporate and shared expenses benefit all segments and include the following: Q1 2008 Q1 2007 Group Centers $10,856 $11,201 Third-Party Legal, Audit, and Tax Costs 3,718 1,852 Incentive Compensation/ Benefits 6,407 3,162 Other 759 370 Total $21,740 $16,585 Group centers include functions such as finance, accounting, audit, legal, credentialing, executives, facilities, purchasing, marketing, human resources and select technology costs. Total headcount related to these functions was 183 at March 31, 2008 and 190 at March 31, 2007. (b) Stock-based compensation includes the following components: Q1 2008 Q1 2007 Stock option expense $2,333 $3,243 Restricted stock expense 2,920 2,292 Total $5,253 $5,535 (c) The Company has presented analysis above with and without these items because they represent costs that management excludes in its assessments of operating results. (d) Represents operating income as a percentage of service revenue.

    ChoicePoint Inc.

    CONTACT: Investors: John Mongelli, +1-770-752-6171,
    John.Mongelli@ChoicePoint.com; Media: Chuck Jones, +1-770-752-3594,
    Chuck.Jones@ChoicePoint.com

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




    Get Gift Advice on Demand With 'Gift Answers'Gifts.com Launches New Online Shopping Q&A Service

    NEW YORK, April 25 /PRNewswire/ -- Gifts.com, the leading gift recommendation and advice site, today announced the launch of Gift Answers (http://www.gifts.com/answers), a new service enabling shoppers to get answers to all their burning gift-related questions from the Gifts.com community at large.

    "Can I give cash to my nephew for graduation? Is it okay to chip in on a wedding gift with friends? What should I give my mother-in-law for Mother's Day? Everyone can relate to these types of questions," CEO William Lynch said. "Now, in addition to the expert recommendations provided by our Gift Gurus, shoppers can quickly exchange personalized gift advice with each other using Gift Answers."

    Gift Answers is an online shopping Q&A service for both novice and experienced gift givers offering three interactive features including:

    -- Ask: Don't know what to buy? Submit your gift questions and get personalized gift advice and suggestions from fellow Gifts.com shoppers as well as the experts, Gifts.com's Gift Gurus -- Answer: Got a gift for giving great gifts? Answer other shoppers' questions with your own gift tips and advice and become a Star Shopper -- Browse: Like doing your research? Browse fellow shoppers' Q&As by recipient or occasion to get information on the gift topics most important to you

    Gift Answers joins the Personality Profiler, Wish Lists and Event Reminders on Gifts.com's roster of online shopping tools and services that make finding the perfect gift easier than ever.

    To try the Gift Answers service, please visit http://www.gifts.com/answers.

    ABOUT GIFTS.COM

    Gifts.com is the # 1 gift recommendation site, offering consumers great gift ideas and interactive, personalized shopping services that enable them to become better, more organized gift-givers. Gifts.com combines editorial sourcing with its interest and personality-based gift finder to deliver the most relevant and unbiased gift options available, ranging from popular and trendy to unique and unexpected. Gifts.com received "official honoree" distinction for the 12th Annual WEBBY AWARDS, the leading international honor for the Web. Gifts.com is an operating business of IAC .

    Gifts.com

    CONTACT: David I. Barkoe of Attention PR, +1-212-201-7894 - office,
    +1-917-359-7222 - cell, +1-212-967-1210 - fax, david@attentionpr.com, for
    Gifts.com

    Web site: http://www.gifts.com/answers




    Solar EnerTech Announces 2008 Second Quarter Financial Results

    -- Company Adds Senior Members to Manufacturing Team --

    MENLO PARK, Calif., April 25 /Xinhua-PRNewswire/ -- Solar EnerTech Corp. (BULLETIN BOARD: SOEN) (the "Company") today announced results for the second quarter of fiscal year 2008.

    For the fiscal 2008 second quarter ended March 31, 2008, the Company reported total revenue of $3.5 million, compared to $3,000 of revenue in the same period of the prior year. The sequential revenue growth was lower than expected due to a delayed production schedule caused by a temporary shortage in raw material supply and a severe winter storm in China in February. The second quarter revenue of $3.5 million was comprised entirely of solar module sales which increased sequentially by $1.3 million, or 59%, compared to the prior quarter. In the first half of fiscal 2008, the Company generated $8.3 million in revenue, of which $5.7 million was from solar module sales.

    The Company incurred a negative gross profit margin of $0.7 million for the second quarter ended March 31, 2008. The negative gross margin was primarily a result of adverse winter weather conditions in China in February that halted our logistics and production, and to the recent increase in silicon material cost. Additionally, at the beginning of the fiscal second quarter, the Company's module production lines were halted for a period of time as the line was relocated into a new 21,000 square foot facility. These preceding factors resulted in lower manufacturing volume than expected in the fiscal second quarter which had a negative impact to gross margin.

    Total operating expense for the fiscal 2008 second quarter was $5.0 million compared to $2.4 million in the prior year period. In the 2008 second quarter, the Company incurred a non-cash loss on debt extinguishment of $2.1 million related to the conversion of convertible notes into common stock as well as a $1.7 million non-cash stock compensation charge related to the hiring and retention of key executives. The $3.8 million in non-cash charges during the second quarter of 2008 compares to $2.1 million in non-cash stock compensation charges for the second quarter of 2007. Excluding these non-cash charges, operating expense for the second quarter 2008 was $1.2 million compared to $0.3 million in the prior year's second quarter period. The increase in operating expense, excluding non-cash charges, was due to an increase in sales and marketing activities and general and administrative expense to support overall growth.

    The Company incurred interest expense charges of $298,000 in the fiscal 2008 second quarter primarily associated with Series A and B convertible notes. It also recorded gains of $11.2 million and $10.8 million for a total of $22.0 million associated with the change in fair market value of compound embedded derivative liability and warrant liability, respectively.

    Net income for the fiscal 2008 second quarter was $15.8 million. Diluted earnings per share for the quarter was a loss of ($0.03), which excludes the $22.0 million gain on change in fair market value of compounded embedded derivative and warrant liabilities and certain securities because of their anti-dilutive effect, as required by US GAAP.

    As of March 31, 2008, the Company had $12.6 million in cash, $3.9 million of accounts receivables, $8.0 million of prepayments primarily for purchase of raw materials as well as $6.7 million of inventories on hand. Additionally, the Company had $5.5 million of accounts payable and accrued liabilities and an additional $4 million of accounts payable and accrued liabilities due to related parties.

    Mr. Leo Young, Chief Executive Officer of Solar EnerTech commented, "Our revenue and gross margin in the second quarter did not meet our expectations mainly due to a temporary shortage of raw materials, severe winter storm conditions, and delayed module production stemming from the move to a new manufacturing facility. These preceding issues, though temporary, primarily impacted our business in the first two months of the second quarter. We had a more productive month in March and we have made significant progress to position our business for solid growth ahead. As part of these efforts, we are working aggressively to increase our revenue stream, control operating costs and scale up our production capabilities. We continue to evaluate and negotiate long-term supply contracts with silicon suppliers in China and overseas. During the quarter, we also broadened our customer base by adding new customers from the Netherlands, Australia, Germany and Belgium, which can add further strength to our revenue stream in the second half of the fiscal year.

    In March, we completed the expansion of our module production facility in Jinqiao Technology Park. This enhanced facility increases our potential module production capacity from 25 MW to 50 MW. We are in a better position going into our fiscal third quarter to improve the production output. We also mentioned in previous quarters that we were building a second solar cell production line, which will increase our potential cell production capacity from 25MW to 50MW. We are on schedule on this front and expect to complete the line by the end of our calendar year.

    We are pleased with the quality of our products and as part of our effort to continue improving our manufacturing process, we added two senior members to our manufacturing team with considerable experience in photovoltaic manufacturing. We are delighted to announce the appointments of Mr. Fei Yun as our Chief Technology Officer and Mr. Ying Hui Tang as our Vice President of Manufacturing. Prior to joining the Company, Mr. Yun was the Director of Technology of Solarfun Power Holding Co. Ltd., and Mr. Tang was the Director of Solar Cell Production of Solarfun Power Holding Co., Ltd. Messrs. Yun and Tang have a combined total of over 40 years working in the solar industry. We look forward to their contributions to our business in the areas of research and development and manufacturing, which we believe will enhance our position in the global solar marketplace. We also appointed Dr Z.Q. Ma, our former Chief Technology Officer, as the Director of the Joint Research and Development Lab at the Shanghai University. Mr. Ma will be working extensively with Mr. Yun and Mr. Tang to apply development achievements to the manufacture of our solar products."

    Financial Outlook

    For the fiscal 2008 third quarter ending June 30, 2008, Solar EnerTech expects module revenue to be in the range of $8.5 million to $9.5 million. The Company recently reduced its contract with Sky Solar (Hong Kong) International Co., Ltd, which was originally announced on December 18, 2007 from $21.8 million to $13 million due to high costs and tight supplies of raw materials. The majority of delivery to Sky Solar is expected to occur in the third fiscal quarter.

    "Overall, as we look to the second half of the 2008 fiscal year, we believe we are moving in the right direction operationally and look forward to further expanding our sales performance and reporting improved gross margin," concluded Young.

    About Solar EnerTech Corp.

    The Company is a photovoltaic ("PV") solar energy cell manufacturing enterprise based in Shanghai, China, where the Company has established a sophisticated 42,000-square foot manufacturing plant in Shanghai's Jinqiao Modern Technology Park. Currently, the Company is capable of producing 25MW of solar cells from its existing production line. The Company has plans to install a second 25 MW production line during calendar 2008 to better utilize capacity and to meet expected future customer demand.

    The Company has also established a Joint R&D Lab at Shanghai University to research and develop higher-efficiency cells and to put the results of that research to use in its manufacturing processes. Led by one of the industry's top scientists, the Company expects its R&D program to help bring Solar EnerTech to the forefront of advanced solar technology research and production. The Company has also established a marketing, purchasing and distribution arm in Northern California's Silicon Valley.

    Safe Harbor Statement

    Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which are relevant as of the date of the given press release and should not be relied upon as of any subsequent date. Solar EnerTech undertakes no obligation to update publicly any forward-looking statements.

    Unaudited Financial Statements Solar Enertech Corp. Consolidated Statements of Operations (Unaudited) Three Months Ended March 31, Six Months Ended March 31, 2008 2007 2008 2007 Net sales $3,471,000 $3,000 $8,310,000 $3,000 Cost of sales (4,171,000) (6,000) (9,476,000) (6,000) Gross loss (700,000) (3,000) (1,166,000) (3,000) Operating expenses: Selling, general & administrative 2,797,000 2,426,000 6,682,000 4,935,000 Research & development 54,000 4,000 151,000 106,000 Loss on debt extinguishment 2,105,000 -- 2,467,000 -- Total operating expenses 4,956,000 2,430,000 9,300,000 5,041,000 Operating loss (5,656,000) (2,433,000)(10,466,000) (5,044,000) Other income (expense): Interest income 46,000 7,000 56,000 13,000 Interest expense (298,000) (54,000) (576,000) (54,000) Loss on issuance of convertible notes -- (15,209,000) -- (15,209,000) Gain (loss) on change in fair market value of compound embedded derivative 11,190,000 (12,600,000) 12,289,000 (12,600,000) Gain (loss) on change in fair market value of warrant liability 10,808,000 (9,959,000) 10,923,000 (9,959,000) Other expense (290,000) -- (328,000) -- Net income (loss) $15,800,000 $(40,248,000)$11,898,000$(42,853,000) Net income (loss) per share -basic $0.15 $(0.51) $0.13 $(0.55) Net income (loss) per share -diluted $(0.03) $(0.51) $(0.07) $(0.55) Weighted average shares outstanding - basic 102,851,788 78,807,012 90,941,543 77,982,836 Weighted average shares outstanding - diluted 124,338,173 78,807,012 117,694,416 77,982,836 Solar Enertech Corp. Consolidated Balance Sheet (Unaudited) March 31, September 30, 2008 2007 ASSETS Current assets: Cash and cash equivalents $12,571,000 $3,908,000 Accounts receivable 3,856,000 913,000 Advance payments and other 8,061,000 6,500,000 Inventories 6,655,000 5,708,000 Tax and other receivable 1,237,000 590,000 Total current assets 32,380,000 17,619,000 Fixed assets, net of accumulated depreciation 5,567,000 3,215,000 Deferred financing costs, net of accumulated amortization 2,089,000 2,540,000 Deposits 1,235,000 1,741,000 Total assets $41,271,000 $25,115,000 LIABILITIES AND STOCKHOLDER'S EQUITY (DEFICIT) Current liabilities: Accounts payable $1,787,000 $2,891,000 Customer advance payment 3,343,000 1,603,000 Accrued interest expense -- 615,000 Accrued expenses 402,000 507,000 Accounts payable and accrued liabilities, related parties 3,969,000 3,969,000 Demand note payable to a related party -- 450,000 Demand notes payable -- 700,000 Derivative liabilities 2,900,000 16,800,000 Warrant liabilities 6,467,000 17,390,000 Total current liabilities 18,868,000 44,925,000 Convertible notes, net of discount 28,000 7,000 Total liabilities 18,896,000 44,932,000 Commitments and contingencies (Note 10) STOCKHOLDER'S EQUITY (DEFICIT): Common stock - 200,000,000 shares authorized at $0.001 par value 109,067,216 and 78,827,012 shares issued and outstanding at March 31, 2008 and September 30, 2007, respectively 108,000 79,000 Additional paid in capital 68,171,000 39,192,000 Other comprehensive gain 1,878,000 592,000 Accumulated deficit (47,782,000) (59,680,000) Total stockholders' equity (deficit) 22,375,000 (19,817,000) Total liabilities and stockholders' equity (deficit) $41,271,000 $25,115,000

    Solar EnerTech Corp.

    CONTACT: Bill Zima of ICR Inc., 203-682-8200 (Investor Relations)

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