Companies news

TARRYTOWN, N.Y., May 5 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. today announced that the American Stock Exchange ("AMEX") notified On2 of its acceptance of the Company's plan to regain compliance with AMEX's continued listing standards. Although On2 will remain non-compliant with AMEX's continued listing standards until it files its 2008 Annual Report, AMEX's acceptance of On2's plan is based on the AMEX's determination that On2 has demonstrated an ability to file that report, and therefore regain compliance, by June 30, 2008.

On April 1, 2008, AMEX notified the Company that it had not met certain of the Exchange's continued listing standards as set forth in Section 1003(d) of the Amex Company Guide due to the previously announced delayed filing of the Company's Form 10-K for the period ended December 31, 2007. The Company was afforded the opportunity to submit a plan of compliance to the Exchange and on April 15, 2008, On2 presented its plan to the Exchange. On April 30, 2008, the Exchange notified On2 that it had accepted the Company's plan of compliance and granted the Company an extension until June 30, 2008 to regain compliance with the continued listing standards. The Company will be subject to periodic review by Exchange Staff during the extension period. Failure to make progress consistent with the plan or to regain compliance with the continued listing standards by the end of the extension period could result in the Company being delisted from the American Stock Exchange.

About On2

On2 creates advanced video compression technologies for desktop and wireless. Powering the video in many of today's leading web and mobile applications and devices, On2's customers include: Nokia, Infineon, Mediatek, Sony, Facebook, Brightcove, Move Networks, Adobe and Skype. On2 Technologies is headquartered in Tarrytown, NY USA. For more information please visit http://www.on2.com/

All trademarks mentioned in this document are the property of their respective owners.

Forward-Looking and Cautionary Statements

Except for the historical information and discussions contained herein, statements contained in this release may constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Our forward-looking statements are subject to risks and uncertainties. These forward-looking statements that could cause actual results to differ materially, include, among others, longer than expected delays in On2's completion of its financial statements and Annual Report on Form 10-K, which could result in longer than expected delays in the filing of the Company's Annual Report on Form 10-K, changes in On2's results of operations which could result in changes to Safeguard's consolidated results of operations for 2007 as compared to 2006, and certain other factors described in the Company's filings with the Securities and Exchange Commission. Many of these factors are beyond our ability to predict or control. In addition, as a result of these and other factors, our past financial performance should not be relied on as an indication of future performance. The Company does not assume any obligation to update any forward-looking statements or other information contained in this press release.

On2 Technologies, Inc.

CONTACT: Investor Contact, Garo Toomajanian of ICR, Inc., for On2
Technologies, Inc., +1-518-348-0099 Ext. 3, invest@on2.com

Web site: http://www.on2.com/

SRA Awarded $200 Million Blanket Purchase Agreement from Environmental Protection AgencySRA has won two initial task orders with a combined value to date of more than $32 million

FAIRFAX, Va., May 5 /PRNewswire-FirstCall/ -- SRA International, Inc. , a leading provider of technology and strategic consulting services and solutions to government organizations, today announced it has been awarded a blanket purchase agreement by the Environmental Protection Agency (EPA) to enhance the capabilities of its scientific research arm -- the Office of Research and Development (ORD) Software Engineering and Specialized Scientific Support (SES3). The seven-year, multiple award has an estimated value in excess of $200 million, if all options are exercised.

Under the agreement to date, SRA has won two initial task orders with a combined value of more than $32 million, if all options are exercised. Both awards represent new business for the company.

Under the first task order, SRA will provide expertise in communicating ORD's research information among teams of geographically dispersed scientists through publications, multimedia presentations and documentation. SRA will support 13 ORD locations across the country.

Under the second task order, SRA and its subcontractor Raytheon will provide remote sensing and geographic information system support to ORD programs such as Environmental Monitoring and Assessment Program (EMAP); e-Estuary, National Coastal Assessment, National Aquatic Resource Survey, and the Ecological Research Program. SRA will design, implement and maintain spatial information technologies to support ORD research and landscape and watershed characterization and ecosystem assessment.

"SRA's innovative information management and technology services will enhance the research capabilities of ORD scientists working to solve environmental problems," said SRA Senior Vice President and Director of the Civil Sector Max Hall. "These awards reinforce SRA's capabilities and commitment to bridge science and technology to the benefit of improved environmental outcomes and human health."

The EPA relies on the sound scientific data provided by ORD to help safeguard both human health and the environment. ORD conducts research on ways to prevent pollution, protect human health, and reduce risk. Applied science at ORD builds the understanding of how to protect and enhance the relationship between humans and the ecosystems of Earth.

About SRA International, Inc.

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

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

Any statements in this press release about future expectations, plans, and prospects for SRA, including statements about the estimated value of the contract and work to be performed, and other statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent our views as of May 5, 2008. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to May 5, 2008.

SRA International, Inc.

CONTACT: Sheila S. Blackwell, +1-703-227-8345, sheila_blackwell@sra.com,
or Kelly Batalle, +1-703-284-5083, kelly_batalle@sra.com, both of SRA
International, Inc.

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

LeapFrog Announces First Quarter 2008 Financial Results

EMERYVILLE, Calif., May 5 /PRNewswire-FirstCall/ -- LeapFrog Enterprises, Inc. , a leading developer of technology-based learning products, today announced financial results for the first quarter ended March 31, 2008. For the first quarter of 2008, the company reported net sales of $58.3 million, compared to net sales of $60.9 million for the first quarter of 2007, and a net loss of $0.43 per share, compared to a net loss of $0.48 per share for the same period last year. Cash and investments totaled $116.5 million at March 31, 2008.

"We entered 2008 expecting the first half to be weak ahead of new product launches. First quarter results were slightly better than our expectations due primarily to the continued strength of our Educational Gaming business, led by our Leapster product," said Jeffrey G. Katz, president and chief executive officer of LeapFrog. "More importantly our 2008 product launches are on track. We begin shipments of our Tag reading system in less than two weeks and our new educational gaming systems, Leapster 2 and Didj, will ship this summer. We expect that these new products will contribute to significant sales growth and margin improvement in the back half of the year."

First Quarter 2008 Financial Results Net Sales

Net sales for the quarter ended March 31, 2008 were $58.3 million, compared to $60.9 million for the quarter ended March 31, 2007, a decrease of 4.3%. Excluding the impact of foreign currencies, sales would have declined 5.6%. The decrease in net sales was driven primarily by the ongoing decline in sales of the products being phased out or replaced in 2008, partially offset by higher sales of continuing educational gaming products.

Segment Results

Net sales from the U.S. Consumer segment totaled $40.6 million for the first quarter 2008, compared with $43.4 million for the first quarter 2007. Net sales from the International segment totaled $12.7 million for the first quarter 2008, compared with $12.5 million for the first quarter 2007. Net sales from the School segment were essentially unchanged from the prior year at $5.0 million for the first quarter 2008, compared with $5.0 million for the first quarter 2007.

Gross Margin

Gross margin for the quarter ended March 31, 2008 was 36.3%, down 4.2 percentage points from gross margin of 40.5% for the first quarter 2007. The decrease was primarily due to strong growth in Leapster hardware shipments, reflecting the continued strength of the Educational Gaming business and the need for retailers to rebuild their inventories after a strong holiday season. Software sales exceeded expectations but were outpaced by strong educational gaming hardware sales, which negatively impacted gross margins.

Operating Expenses

Operating expenses totaled $49.8 million for the first quarter 2008, a decrease of 9.4% compared to $54.9 million for the first quarter 2007. Selling, general and administrative expenses and research and development expense fell reflecting lower legal expenses, lower content development costs and lower temporary employee expense. Partially offsetting these lower costs were severance costs related to the reduction in workforce announced January 2008. Advertising expenses declined, as the company matches advertising spending to coincide with new product launches.

Loss from Operations

Loss from operations was $28.6 million for the first quarter of 2008 compared to $30.2 million for the first quarter of 2007. The $1.6 million lower loss reflects lower operating expenses, partially offset by lower gross profit.

Net Loss

The company recorded a net loss of $27.4 million, or a net loss of $0.43 per share, for the first quarter of 2008, compared to a net loss of $30.4 million, or a net loss of $0.48 per share for the first quarter 2007. The lower net loss was primarily due to an improved loss from operations and lower tax expense partially offset by lower interest income in the first quarter of 2008 compared to the first quarter of 2007. The lower tax expense is due to the timing of tax expense recognition while lower interest income is primarily attributable to lower cash balances and market interest rates.

Balance Sheet

Inventories were $55.6 million at March 31, 2008, compared with $52.4 million at December 31, 2007, and $76.2 million at March 31, 2007. Cash and investments totaled $116.5 million at March 31, 2008, compared with $104.4 million at December 31, 2007 and $195.5 million at March 31, 2007.

Key Performance Metrics and Outlook

Bill Chiasson, chief financial officer, stated, "Overall, we met our expectations for the quarter. Sales slightly exceeded our plan and operating expenses were down approximately 9%, consistent with our expectations. Gross profit dollars met our expectations but gross margins were down from last year, due to strong reorders of our Leapster product, which caused hardware sales to outpace software sales. Our overall guidance for the full year 2008 is unchanged."

The company reiterated its current expectations for full year 2008 results:

* New products introduced in 2007 and 2008 are expected to comprise approximately half of 2008 net sales; * Net sales are expected to grow at an annual percentage rate in the mid-to-high teens; * Gross margin is expected to continue to improve; * Selling, general and administrative expenses and research and development expenses are expected to decrease approximately 10%-15% year-over-year; * The company expects a nominal loss for the year; * The first half results are expected to be weaker than the first half of 2007, and the second half results are expected to show substantial improvement over the second half of 2007, reflecting the impact of new product introductions and cost reductions; and * Cash and investments are expected to be approximately $100 million at year-end. Conference Call and Webcast

A conference call will be held today, May 5, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to provide further discussion of the results for the first quarter of 2008. A live Web cast of the conference call will be offered on LeapFrog's investor relations website at http://www.leapfroginvestor.com/ and on http://www.ccbn.com/. To participate in the call, please dial

(706) 634-0183 and request Conference ID 44260901. A replay of the Web cast will be available on these Web sites through May 5, 2009. A telephone replay is also available through June 5, 2008 at (706) 645-9291; I.D. No. 44260901.

About LeapFrog

LeapFrog Enterprises, Inc. is a leading designer, developer, and marketer of innovative, technology-based learning products and related proprietary content, dedicated to making learning effective and engaging for all ages, at home and in schools, around the world. The company was founded in 1995 and is based in Emeryville, California. LeapFrog has developed a family of learning platforms that come to life with an extensive library of software titles covering important subjects such as phonics, reading, writing, math, music, geography, social studies, spelling, vocabulary and science. In addition, the company has created a broad line of stand-alone educational products for children. LeapFrog's award-winning products are available in six languages at major retailers in more than 35 countries around the world. LeapFrog School's multisensory products currently reach students in more than 100,000 classrooms across the United States. LeapFrog School is a business division of LeapFrog Enterprises, Inc.

NOTE: LEAPFROG, the LeapFrog Logo, TAG, LEAPSTER, and DIDJ are trademarks or registered trademarks of LeapFrog Enterprises, Inc.

Forward-Looking Statements

Cautionary Statement under the Private Securities Litigation Reform Act of 1995:

Except for the historical information contained herein, this news release contains forward-looking statements, including statements regarding the timing, scope and success of future product launches, the timing of customer orders, expected benefits of new products and services, anticipated 2008 financial results, including expected net sales, margins, expenses, profitability, cash flow and cash balances for 2008. These forward-looking statements involve risks and uncertainties, including risks related to the company's ability to launch new products, services and features on time and at anticipated margin and profit levels, the acceptance by consumers, retailers and schools of the company's new strategy related to Internet-connected products and related Internet services, including with respect to the LeapFrog Learning Path, the company's ability to launch and operate its network infrastructure to support the new Internet-related business, and the effect of marketing on the sales of the company's products and services. These and other risks and uncertainties detailed from time to time in the company's SEC filings, including its 2007 annual report on Form 10-K filed on March 13, 2008, could cause the company's actual results to differ materially from those discussed in this release. All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements.

Contact Information: Investors: Media: Eileen VanEss Mischa Dunton Investor Relations Corporate Communications (510) 420-5361 (510) 596-5441 LEAPFROG ENTERPRISES, INC. CONSOLIDATED BALANCE SHEETS (In thousands, except per share data) March 31, December 31, 2008 2007 2007 (Unaudited) (Audited) ASSETS Current assets: Cash and cash equivalents $105,836 $81,368 $93,460 Short-term investments --- 114,126 --- Accounts receivable, net 45,262 51,495 136,627 Inventories, net 55,558 76,158 52,415 Prepaid expenses and other current assets 22,542 21,440 20,427 Deferred income taxes 3,409 1,161 3,405 Total current assets 232,607 345,748 306,334 Property and equipment, net 36,547 28,973 34,017 Deferred income taxes 212 148 213 Intangible assets, net 24,208 25,577 24,512 Long-term investments 10,670 --- 10,925 Other assets 3,873 9,171 4,152 Total assets $308,117 $409,617 $380,153 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $29,909 $38,537 $46,868 Accrued liabilities and deferred revenue 36,605 41,140 67,281 Income taxes payable 79 1,239 93 Total current liabilities 66,593 80,916 114,242 Long-term liabilities 22,389 21,830 22,438 Stockholders' equity: Class A common stock, par value $0.0001; 139,500 shares authorized; shares issued and outstanding: 35,895, 35,618 and 35,857 at March 31, 2008 and 2007, and December 31, 2007, respectively 4 4 4 Class B common stock, par value $0.0001; 40,500 shares authorized; shares issued and outstanding: 27,614 at March 31, 2008 and 2007 and December 31, 2007, respectively 3 3 3 Treasury stock (185) (185) (185) Additional paid-in capital 356,917 347,145 353,857 Accumulated other comprehensive income 4,074 3,259 4,036 Accumulated deficit (141,678) (43,355) (114,242) Total stockholders' equity 219,135 306,871 243,473 Total liabilities and stockholders' equity $308,117 $409,617 $380,153 LEAPFROG ENTERPRISES, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited) Three Months Ended March 31 2008 2007 Net sales $58,274 $60,924 Cost of sales 37,143 36,221 Gross profit 21,131 24,703 Operating expenses: Selling, general and administrative 30,761 32,428 Research and development 12,110 14,468 Advertising 4,532 5,583 Depreciation and amortization 2,351 2,419 Total operating expenses 49,754 54,898 Loss from operations (28,623) (30,195) Interest expense (13) (8) Interest income 967 2,233 Other expense, net (392) (219) Loss before income taxes (28,061) (28,189) Provision (benefit) for income taxes (625) 2,239 Net loss $(27,436) $(30,428) Net loss per common share: Basic and diluted $(0.43) $(0.48) Shares used in calculating net loss per common share: Basic and diluted 63,491 63,137 LEAPFROG ENTERPRISES, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands, except per share data) (Unaudited) Three Months Ended March 31, 2008 2007 Net loss $(27,436) $(30,428) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation 4,103 3,975 Amortization 304 356 Unrealized foreign exchange gain (734) (1,112) Deferred income taxes (3) (5) Stock-based compensation 2,958 2,710 Investment accretion on commercial paper --- (528) Impairment of investment in auction rate securities 255 --- Gain on disposal of property and equipment (21) --- Provision for doubtful accounts, net (278) 7 Other 32 (122) Other changes in operating assets and liabilities: Accounts receivable 91,642 90,315 Inventories (3,143) (3,138) Prepaid expenses and other current assets (2,115) 1,899 Other assets 279 (34) Accounts payable (16,959) (8,183) Accrued liabilities and deferred revenue (30,676) (8,861) Long-term liabilities (49) 2,160 Income taxes payable (14) 515 Net cash provided by operating activities 18,145 49,526 Investing activities: Purchases of property and equipment (6,633) (5,149) Purchases of investments --- (243,375) Sale of investments --- 210,561 Net cash used in investing activities (6,633) (37,963) Financing activities: Proceeds from the exercise of stock options and employee stock purchase plans 103 1,243 Net cash provided by financing activities 103 1,243 Effect of exchange rate changes on cash 761 1,248 Increase in cash and cash equivalents 12,376 14,054 Cash and cash equivalents at beginning of period 93,460 67,314 Cash and cash equivalents at end of period $105,836 $81,368

LeapFrog Enterprises, Inc.

CONTACT: Investors, Eileen VanEss, Investor Relations, +1-510-420-5361,
or Media, Mischa Dunton, Corporate Communications, +1-510-596-5441, both of
LeapFrog Enterprises, Inc.

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

JPMorgan Announces 36th Annual Technology Conference

NEW YORK, May 5 /PRNewswire/ -- JPMorgan's 36th Annual Technology Conference will be held May 19-21, 2008 at the Westin Boston Waterfront hotel. The conference will feature over 200 presenting companies.

The 36th Annual JPMorgan Technology Conference continues to be the only place to obtain a full picture of the technology industry, from Hardware and Software to Semi's, Semicap Equipment, Telecom and Data Networking Equipment, Internet, IT Services and more over a three-day event.

Members of the press who wish to attend should contact Tasha Pelio at 212-270-7441.

All JPMorgan conferences are held for clients of the firm and by invitation only. Companies and investors interested in attending should contact their JPMorgan client executive for more details.

JPMorgan is the investment banking arm of JPMorgan Chase & Co. , a leading global financial services firm with assets of $1.6 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at http://www.jpmorganchase.com/.

JPMorgan

CONTACT: Media, Tasha Pelio of JPMorgan, +1-212-270-7441,
tasha.pelio@jpmorgan.com

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

LSI to Present at JPMorgan Technology Conference

MILPITAS, Calif., May 5 /PRNewswire-FirstCall/ -- LSI Corporation today announced that Abhi Talwalkar, President and Chief Executive Officer, will be presenting at the JPMorgan 36th Annual Technology Conference in Boston, Mass., on Monday, May 19, 2008, at 10:00 a.m. Eastern Time.

The presentation will be available to the public via audio webcast at http://www.lsi.com/webcast. Following the conference, a replay of the webcast will be available on the LSI website at http://www.lsi.com/webcast.

About LSI

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

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

LSI Corporation

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

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

SXC Health Solutions announces details of 2007 Annual Meeting of Shareholders

LISLE, IL, May 5 /PRNewswire-FirstCall/ -- SXC Health Solutions, Corp. , a leading provider of pharmacy benefits management services and healthcare IT solutions, announced today that its 2007 Annual Meeting of Shareholders will be held on Monday, May 12, 2008 at 4:30 p.m. ET at the Marriott Downtown, 540 North Michigan Avenue, Chicago, Illinois.

The presentation will be webcast live. To access the webcast go to: http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2273920 or http://www.sxc.com/.

Please connect at least 15 minutes prior to the start of the webcast to ensure adequate time for any software download that may be required. An archived replay will be available for 365 days.

About SXC Health Solutions

SXC Health Solutions, Corp. (SXC) provides pharmacy benefits management (PBM) services and healthcare IT solutions to the healthcare benefits management industry. The Company's product offerings and solutions combine a wide range of software applications, application service provider (ASP) processing services and professional services, designed for many of the largest organizations in the pharmaceutical supply chain, such as Federal, provincial, and state and local governments, pharmacy benefit managers, managed care organizations, retail pharmacy chains and other healthcare intermediaries. SXC is headquartered in Lisle, Illinois with 13 locations in the US and Canada. For more information please visit http://www.sxc.com/.

SXC Health Solutions, Inc.

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

Audiovox Corporation Sets Date for Its Fiscal 2008 Year-End Results

HAUPPAUGE, N.Y., May 5 /PRNewswire-FirstCall/ -- Audiovox Corporation , today announced that it will be reporting its fiscal 2008 fourth quarter and year-end results for the period ended February 28, 2008 on Wednesday, May 14, 2008 after market close. The Company also disclosed that it will be hosting a conference call and webcast on Thursday, May 15, 2008 at 10 a.m. EDT.

Conference Call Information Toll-free call-in number: 800-510-0146 International call-in number: 617-614-3449 Participant pass code: 59396972

Interested parties can also participate on the webcast by visiting the Audiovox website at http://www.audiovox.com/ and clicking on "Investor Relations".

For those who will be unable to participate, a webcast and teleconference replay will be available approximately one hour after the completion of the call.

Replay Information Replay Number: 888-286-8010 International replay number: 617-801-6888 Access code: 99202424

Audiovox Corporation is a leading international distributor and value added service provider in the electronics industry. The Company services the consumer electronics and 12-Volt markets and conducts its business through subsidiaries marketing its products both domestically and internationally under its own brands, which include Audiovox, Jensen, Advent, Phase Linear, Code Alarm, Acoustic Research among others. It also functions as an OEM (Original Equipment Manufacturer) supplier to several customers. For additional information, please visit Audiovox on the Web at http://www.audiovox.com/ .

Except for historical information contained herein, statements made in this release that would constitute forward-looking statements may involve certain risks and uncertainties. All forward-looking statements made in this release are based on currently available information and the Company assumes no responsibility to update any such forward-looking statement. The following factors, among others, may cause actual results to differ materially from the results suggested in the forward-looking statements. The factors include, but are not limited to, risks that may result from changes in the Company's business operations; our ability to keep pace with technological advances; significant competition in the mobile and consumer electronics businesses as well as the wireless business; our relationships with key suppliers and customers; quality and consumer acceptance of newly introduced products; market volatility; non-availability of product; excess inventory; price and product competition; new product introductions; the possibility that the review of our prior filings by the SEC may result in changes to our financial statements; and the possibility that stockholders or regulatory authorities may initiate proceedings against Audiovox and/or our officers and directors as a result of any restatements. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form 10-K for the fiscal year ended February 28, 2007 and form 10-Q for the fiscal third quarter ended November 30, 2007.

Investor Relations Contact: Glenn Wiener, GW Communications (212) 786-6011 or gwiener@GWCco.com

Audiovox Corporation

CONTACT: Investors, Glenn Wiener of GW Communications, +1-212-786-6011,
gwiener@GWCco.com, for Audiovox Corporation

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

The Search is Over! Everything Channel's Future of Storage Magazine to Spotlight Innovative CODiE Award FinalistGaviri's Universal Search OS Hitting the Technology Reseller Channel through Partnership with Leading Solution Provider powersolution.com

MANHASSET, N.Y., May 5 /PRNewswire-FirstCall/ -- Everything Channel (formerly CMP Channel), the global leader in technology sales and the one stop shop for the indirect sales channel that drives 75 percent of technology sales throughout the world, will spotlight Gaviri Technologies, Parsippany, N.J., maker of the Gaviri Universal Search Operating System and a CODiE Award Finalist, in the June issue of The Future of Storage, the guidebook for cutting-edge storage and data technology.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080505/NYM117LOGO-a (Logo: http://www.newscom.com/cgi-bin/prnh/20080505/NYM006LOGO-a) (Logo: http://www.newscom.com/cgi-bin/prnh/20080505/NYM006LOGO-b)

CODiE Awards celebrate outstanding achievement and vision in the software, digital information and education technology industries. What makes coverage of Gaviri's success so exciting is its unique go-to-market strategy with powersolution.com, a leading Solution Provider based in Ho-Ho-Kus, NJ.

Future of Storage is what Solution Providers turn to in order to keep in step with the latest storage trends and money making opportunities. Future of Storage will ship June 16, 2008, in Everything Channel's CRN magazine, and June 30, 2008 in its VARBusiness magazine. CODiE award winners will be announced on May 20, 2008.

"When you combine a hot new technology vendor like Gaviri with a trusted Solution Provider like powersolution.com, you get an incredible synergy that reflects the strength of the nearly $400 billion U.S. technology reseller Channel," said Dan Neel, director of marketing for Everything Channel. "What's happening here really is the future of how technology will be delivered -- from innovative vendors though innovative and trusted Solution Providers."

With Gaviri's Universal Search Operating System, technology Solution Providers who cater to small, medium and enterprise-class business customers can give to them the ability to successfully search for, find and manage practically any type of file across a wide range of different platforms. Searching desktops, network computers, flash drives, smartphones, Web and other mobile devices is a snap using SearchOS, which requires very little technical expertise to use and can quickly deliver a significant return on investment.

"The ongoing trend of exponential data growth inside and outside of all size organizations is fueling the need for faster, more efficient, and user- definable data searches through huge amounts of information," said David Dadian founder and CEO of powersolution.com. "Gaviri's Universal SearchOS provides the solution to this enormous issue."

Developing a better, simpler go-to-market strategy for reseller partners to sell and profit from SearchOS is why the vendor chose to strategically partner with powersolution.com. Beginning immediately, a channel program for qualified technology resellers and Managed Service Providers (MSPs) is being designed. An OEM program for storage vendors already exists. The two companies will also develop delivery models and will offer the search application in standard software licensing model, OEM licensing, appliance and Software-as-a- Service (SaaS) models. In addition, under a special licensing agreement powersolution.com will incorporate Gaviri's award-winning Universal SearchOS application into its popular psDemandIT and psMonitorIT managed service offerings -- two offerings that deliver remote IT services to business customers via the Internet.

"SearchOS provides great value to organizations of all size by reducing the administration costs associated with data storage and security management while providing universal search across enterprise data volumes. It simply provides a better way to finding and managing content across desktops, networks and portable devices in the enterprise," said Dr. Emeka Akaezuwa, founder and CEO of Gaviri Technologies. "We are please to partner with powersolution their channel experience is key to bringing this one-of-a-kind product to market."

Established in 1986, by the Software Publishers Association (SPA), now the Software & Information Industry Association (SIIA), the CODiE Awards celebrate outstanding achievement and vision in the software, digital information and education technology industries.

Everything Channel (http://www.everythingchannel.com/, http://www.channelweb.com/)

Everything Channel, formerly CMP Channel, is the global leader in technology sales and serves as the one stop shop for the sales channel that drives 75 percent of technology sales throughout the world. IT suppliers and Solution Providers turn to Everything Channel to manage and accelerate their business. Everything Channel provides the answer to strategy and branding, online marketing, research/market intelligence, lead generation, branded and custom events, education and workflow tools targeted to those who buy and sell through the Channel. Everything Channel is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com/), a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.

Contacts Dan Neel Everything Channel (516) 562-7236 dneel@everythingchannel.com Dr. Emeka Akaezuwa Gaviri Technologies, Inc. (973) 462-5011 emekaa@gaviri.com David C. Dadian powersolution.com, L.L.C. (201) 493-1414 david@powersolution.com

Photo: http://www.newscom.com/cgi-bin/prnh/20080505/NYM117LOGO-a
http://www.newscom.com/cgi-bin/prnh/20080505/NYM006LOGO-a
http://www.newscom.com/cgi-bin/prnh/20080505/NYM006LOGO-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Everything Channel

CONTACT: Dan Neel of Everything Channel, +1-516-562-7236,
dneel@everythingchannel.com; or Dr. Emeka Akaezuwa of Gaviri Technologies,
Inc., +1-973-462-5011, emekaa@gaviri.com; or David C. Dadian of
powersolution.com, L.L.C., +1-201-493-1414, david@powersolution.com

Web site: http://www.cmp.com/
http://www.everythingchannel.com/
http://www.powersolution.com/
http://www.channelweb.com/
http://www.unitedbusinessmedia.com/

Company News On-Call: http://www.prnewswire.com/comp/181993.html

Informatica to Present at Merrill Lynch Technology 2008 Conference

REDWOOD CITY, Calif., May 5 /PRNewswire-FirstCall/ -- Informatica Corporation , the leading independent provider of data integration software, today announced that Earl Fry, executive vice president and CFO and Tony Young, vice president and CIO, will present a corporate overview at the Merrill Lynch Technology 2008 Conference on Wednesday, May 7, 2008 at 4:30 p.m. EDT.

A live audio Web cast of the event will be available at http://www.informatica.com/investor. An audio web cast archive of the event will be available until 12:00 p.m. PDT on May 17, 2008.

About Informatica

Informatica Corporation is the leading independent provider of enterprise data integration software. Using Informatica products, companies can access, integrate, migrate and consolidate enterprise data across systems, processes and people to reduce complexity, ensure consistency and empower the business. More than 3,000 companies worldwide rely on Informatica for their end-to-end enterprise data integration needs. For more information, call 650-385-5000 (800-653-3871 in the U.S.), or visit http://www.informatica.com/.

Note: Informatica is a registered trademark of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.

Informatica Corporation

CONTACT: Deborah Wiltshire, Public Relations, +1-650-385-5360,
dwiltshire@informatica.com, or Stephanie Wakefield, Investor Relations,
+1-650-385-5261, swakefield@informatica.com, both of Informatica
Corporation

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

eResearchTechnology Reports First Quarter 2008 ResultsQ1 2008 Net Revenues - $33.7 million vs. $21.1 million in Q1 2007 - an increase of 59.7%; a record for eRTQ1 2008 Diluted Net Income per Share - $0.11 vs $0.04 in Q1 2007 - an increase of 175.0%Q1 2008 New Bookings increase to $50.1 million; a record for eRTIncreasing 2008 Guidance

PHILADELPHIA, May 5/PRNewswire-FirstCall/ -- eResearchTechnology, Inc. (eRT), , a leading provider of centralized ECG and eClinical technology, ePRO and other services to the pharmaceutical, biotechnology, medical device and related industries, announced today results for the quarter ended March 31, 2008.

Highlights for the first quarter of 2008 were: -- Record quarterly net revenues of $33.7 million, including $3.3 million of net revenues from Covance Cardiac Safety Services, Inc. (CCSS), a 59.7% increase from the first quarter of 2007; -- Diluted net income per share of $0.11, up 175.0% from the first quarter of 2007; -- Gross margin of $17.7 million for a gross margin percentage of 52.5% up 4.9 percentage points from the first quarter of 2007. The gross margin percentage was negatively impacted by CCSS, which generated net revenues of $3.3 million while incurring expenses of $3.2 million; -- Income before income taxes margin percentage of 26.5%, up 9.2 percentage points from the first quarter of 2007. The income before income taxes margin percentage was negatively impacted by CCSS and the integration of CCSS into eRT, which combined generated a loss before income taxes of $1.4 million; -- Record bookings of $50.1 million, compared to $29.7 million for the first quarter of 2007; -- Bookings included seven new Thorough ECG study agreements valued at an average of slightly greater than $1 million each; -- The backlog was a record $151.4 million, a net increase of $11.2 million from December 31, 2007; -- The cancellation rate was an annualized 15.6% as compared to an annualized cancellation rate of 15.0% in the first quarter of 2007.

"We are extremely pleased with the first quarter results where we saw record quarterly revenue, transactions, bookings and backlog for eRT," commented Dr. Michael McKelvey, President and CEO of eRT. "We continue to execute very well on our projects. The integration of the CCSS acquisition is proceeding on schedule, and we are meeting with clients to begin the transition process of individual studies. Our services revenue grew by 80.9%, driven by outstanding growth in our core cardiac safety business. Bookings were strong across all phases, but especially in Phase I and Phase III studies. The quarter again demonstrated the leverage in our business model as evidenced by expanding gross margins and net income growth."

The Company reported revenues of $33.7 million for the first quarter of 2008, an increase of 59.7% from $21.1 million in the first quarter of 2007. Net income was $5.7 million for the first quarter of 2008, an increase of 155.6% from $2.2 million for the first quarter of 2007. Diluted net income per share was $0.11 for the first quarter of 2008, up $0.07 from the $0.04 in the first quarter of 2007.

eRT ended the quarter with $48.9 million in cash, cash equivalents and investments, an increase of $2.0 million from $46.9 million at December 31, 2007. Operations generated $7.6 million, which was partially offset by payments to Covance under the terms of the CCSS acquisition.

"Our pipeline of new opportunities is strong, reflecting the continued emphasis on cardiac safety and eRT's reputation for quality, medical and scientific leadership, project execution and technology innovation," continued Dr. McKelvey. "The pricing environment continues to be stable. The Exclusive Marketing Agreement with Covance is adding to our pipeline, as are our continued strong relationships with other key partnerships with CROs and Phase I units. While there are many areas in which we will continue to work to improve, the first quarter was an excellent start and bodes well for the remainder of 2008."

2008 Guidance

The Company issued guidance for the second quarter of 2008 and for the full year 2008. eRT expects to report revenues of between $34.0 million and $36.0 million and diluted net income per share of between $0.10 to $0.12 for the second quarter ending June 30, 2008. For the full year 2008, the Company is increasing its guidance for revenue to between $133.0 million and $140.0 million and diluted net income per share to between $0.44 to $0.49; previously issued guidance for revenue was between $130.0 million and $137.0 million and for diluted net income per share was between $0.42 to $0.46.

Dr. McKelvey and Richard Baron, the Company's Chief Financial Officer, will hold a conference call to discuss these results. The conference call will take place at 5:00 p.m. EDT on May 5, 2008. Interested participants should call 800-322-5044 when calling within the United States or 617-614-4927 when calling internationally. Please use pass code 13961971. There will be a playback available until May 12, 2008. To listen to the playback, please call 888-286-8010 when calling within the United States or 617-801-6888 when calling internationally. Please use pass code 12540628 for the replay.

This call is being webcast by Thomson Financial and can be accessed at eRT's web site at http://www.ert.com/ . The webcast may also be accessed at Thomson's Institutional Investor website at http://phx.corporate-ir.net/playerlink.zhtml?c=119164&s=wm&e=1829106 . The webcast can be accessed until May 5, 2009 on either site.

About eResearchTechnology, Inc.

Based in Philadelphia, PA, eResearchTechnology, Inc. (http://www.ert.com/ ) is a provider of technology and services to the pharmaceutical, biotechnology and medical device industries on a global basis. The Company is a market leader in providing centralized core-diagnostic electrocardiographic (ECG) technology and services to evaluate cardiac safety in clinical development. The Company is also a leader in providing technology and services to streamline the clinical trials process by enabling its customers to automate the collection, analysis, and distribution of clinical data in all phases of clinical development.

Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements, including, but not limited to, 2008 financial guidance, involve a number of risks and uncertainties such as the Company's ability to obtain new contracts and accurately estimate net revenues due to uncertain regulatory guidance, variability in size, scope and duration of projects, and internal issues at the sponsoring client, integration of acquisitions, competitive factors, technological development, and market demand. As a result, actual results may differ materially from any financial outlooks stated herein. Further information on potential factors that could affect the Company's financial results can be found in the Company's Reports on Form 10-K and 10-Q filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

eResearchTechnology, Inc. and Subsidiaries Consolidated Statements of Operations (in thousands, except per share amounts) Three Months Ended March 31, 2007 2008 (unaudited) (unaudited) Net revenues: Licenses $782 $625 Services 13,968 25,273 Site support 6,334 7,775 Total net revenues 21,084 33,673 Costs of revenues: Cost of licenses 66 200 Cost of services 6,790 10,514 Cost of site support 4,195 5,268 Total costs of revenues 11,051 15,982 Gross margin 10,033 17,691 Operating expenses: Selling and marketing 2,538 3,323 General and administrative 3,469 4,873 Research and development 925 999 Total operating expenses 6,932 9,195 Operating income 3,101 8,496 Other income, net 550 427 Income before income taxes 3,651 8,923 Income tax provision 1,403 3,177 Net income $2,248 $5,746 Basic net income per share $0.04 $0.11 Diluted net income per share $0.04 $0.11 Shares used to calculate basic net income per share 50,198 50,638 Shares used to calculate diluted net income per share 51,431 51,894 eResearchTechnology, Inc. and Subsidiaries Consolidated Balance Sheets (in thousands, except share and per share amounts) December 31, 2007 March 31, 2008 ASSETS (unaudited) Current assets: Cash and cash equivalents $38,082 $40,568 Short-term investments 8,797 8,342 Accounts receivable, net 26,718 26,914 Prepaid income taxes 743 - Prepaid expenses and other 3,087 3,197 Deferred income taxes 901 899 Total current assets 78,328 79,920 Property and equipment, net 33,347 30,826 Goodwill 30,908 31,737 Intangible assets 3,849 3,398 Deferred income taxes 1,011 1,375 Other assets 253 146 Total assets $147,696 $147,402 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $3,505 $2,869 Accrued expenses 12,103 7,710 Income taxes payable 2,352 1,675 Current portion of capital lease obligations 1,097 394 Deferred revenues 13,905 13,555 Total current liabilities 32,962 26,203 Capital lease obligations, excluding current portion 48 - Other liabilities 1,174 1,167 Total liabilities 34,184 27,370 Stockholders' equity: Preferred stock-$10.00 par value, 500,000 shares authorized, none issued and outstanding - - Common stock-$.01 par value, 175,000,000 shares authorized, 58,870,291 and 58,918,095 shares issued, respectively 589 589 Additional paid-in capital 87,957 88,734 Accumulated other comprehensive income 1,679 1,676 Retained earnings 85,477 91,223 Treasury stock, 8,247,119 shares at cost (62,190) (62,190) Total stockholders' equity 113,512 120,032 Total liabilities and stockholders' equity $147,696 $147,402 eResearchTechnology, Inc. and Subsidiaries Consolidated Statements of Cash Flows (in thousands) (unaudited) Three Months Ended March 31, 2007 2008 Operating activities: Net income $2,248 $5,746 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 3,215 4,344 Cost of sales of equipment 383 414 Provision for uncollectible accounts - 30 Share-based compensation 483 470 Changes in operating assets and liabilities exclusive of CCSS acquisition: Accounts receivable 1,654 (222) Prepaid expenses and other (681) (11) Accounts payable (2,209) (984) Accrued expenses 84 (1,548) Income taxes 1,395 (299) Deferred revenues (398) (344) Net cash provided by operating activities 6,174 7,596 Investing activities: Purchases of property and equipment (2,490) (1,430) Purchases of investments (26,633) - Proceeds from sales of investments 24,842 455 Payments for acquisition - (3,673) Net cash used in investing activities (4,281) (4,648) Financing activities: Repayment of capital lease obligations (40) (751) Proceeds from exercise of stock options 879 189 Stock option income tax benefit 109 103 Net cash provided by (used in) financing activities 948 (459) Effect of exchange rate changes on cash 7 (3) Net increase in cash and cash equivalents 2,848 2,486 Cash and cash equivalents, beginning of period 15,497 38,082 Cash and cash equivalents, end of period $18,345 $40,568

eResearchTechnology, Inc.

CONTACT: Richard Baron of eResearchTechnology, Inc., +1-215-282-5566;
Robert East of Westwicke Partners, LLC, +1-410-321-9652

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

Microsoft Delivers Cost-Effective Customer Support With Automated Service AgentNew features provide enterprises with a natural language solution for customer service needs.

SANTA CLARA, Calif., May 5 /PRNewswire-FirstCall/ -- Today at the SSPA Best Practices 2008 conference, Microsoft Corp. announced that it has further enhanced its online self-service and internal support tool, Microsoft Automated Service Agent (ASA), with a variety of new features. Powered by Microsoft's natural language technology, ASA is a hosted solution that allows customers to interact in a chat-style session and ask questions in their own words, and helps them get concise, accurate answers. The solution helps to deflect support calls, guide users to the right answers, and serve as a valuable knowledge resource inside the enterprise. A winner of the Spring 2008 SSPA Recognized Innovator Award for Innovation in Usability, Microsoft ASA currently has customers across multiple industries, including the financial, high-tech and telecommunications industries.

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

"As consumers are becoming accustomed to the immediate resources of the Internet, they expect the same level of satisfaction in their customer service interactions," said David Sliter, group general manager of the Industry Solutions Group at Microsoft. "We developed the Automated Service Agent to empower customers to resolve their own issues and to alleviate the burden of assisted service calls. As an effective online support solution, ASA helps enterprises enhance the customer service experience by helping provide fast, accurate answers that enable immediate customer action."

New Features and Functionality

The latest version of ASA offers a number of key features that help improve the customer experience. The features include new feedback functions, troubleshooting and search capabilities, and the ability to guide customers through rich content and highly secure tools already on the site, which include the following:

* In-Agent Feedback allows enterprises to dynamically capture ASA success rate and fine-tune content. * Decision Trees allow enterprises to quickly create troubleshooting trees that can help guide customers to the right answers. * ASA in SharePoint Query allows users access to internal networks of information through a SharePoint search. * Side-by-Side ASA positions the ASA window to the side of the primary Web browser so users can view both ASA responses and Internet content simultaneously. Internal IT Support

Microsoft ASA also can be used as an internal IT support solution and serve as a knowledge tool for help desk agents within an enterprise. Because ASA can handle a wide array of topics, programs, features, troubleshooting and valuable how-to information, the solution can help reduce service-desk call volumes, improve help desk operations, and improve end-user productivity.

"With Web 2.0 changing the way we interact with the Internet, enterprises need to incorporate strategies that enable them to respond to the unique requests of their customers," said Mary Wardley, vice president, enterprise applications and customer relationship management (CRM) software at IDC. "Providing a self-service channel on the Web has become a necessity for companies that wish to enhance their customer service interactions. Microsoft Automated Service Agent can help improve the customer experience and complement existing CRM solutions."

"We needed to find a solution that would reduce contact volume caused by tax filing deadlines," said Kris Nagoda, project manager for TurboTax Interactive Agent at Intuit Inc. "By implementing Microsoft Automated Service Agent, we saw virtually immediate benefits with a significant reduction in customer contacts. In addition, the solution is easy to deploy and maintain, so we are able to constantly improve the ASA and provide a better experience for our customers."

About Microsoft Automated Service Agent

Microsoft Automated Service Agent (ASA) is a hosted solution that provides customer service and internal support to enterprises. By leveraging its natural language technology, ASA has the ability to communicate conversationally with customers and deliver concise, accurate answers. The ASA platform currently handles millions of chat sessions, which help reduce support costs and provide a better overall experience for customers. More information on Microsoft Automated Service Agent can be found at http://www.microsoft.com/asa.

About Microsoft

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

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

CONTACT: Rose Tucker of Weber Shandwick, +1-425-452-5463,
rtucker@webershandwick.com, for Microsoft Corp.

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

Attunity Announces Special General Meeting

BURLINGTON, Massachusetts, May 5 /PRNewswire-FirstCall/ -- Attunity, Ltd. (BULLETIN BOARD: ATTUF.OB) , (the "Company") announced today that a Special General Meeting of Shareholders will be held on Wednesday, June 11, 2008 at 10:00 a.m. Israel time, at the offices of the Company, Kfar-Netter Industrial Park, Kfar-Netter, Israel. The record date for the meeting is May 5, 2008. The Company will send to its shareholders of record a proxy statement describing the matters to be voted upon at the meeting, along with a proxy card enabling them to indicate their vote on each matter. The Company will also furnish the proxy statement to the Securities and Exchange Commission (SEC) on Form 6-K.

The agenda of the meeting is as follows:

1. To authorize Mr. Shimon Alon, the Chairman of the Board of Directors of the Company, to also serve as the Chief Executive Officer of the Company until the annual general meeting of the Company to take place in 2011 and thereafter as may be extended from time to time by the shareholders; and

2. To approve the terms of employment of Mr. Shimon Alon as our Chief Executive Officer.

The affirmative vote of a majority of the ordinary shares represented at the Meeting in person or by proxy and voting thereon is required to adopt the resolutions in Items 1 and 2 above.

About Attunity

Attunity has delivered sophisticated data and application integration solutions for nearly 20 years and today is also at the forefront of the Composite Applications market focused on the business workplace, with its flagship product Attunity InFocus. With Attunity InFocus, organizations can develop sophisticated, workplace-focused applications, based on information from anywhere, that help business managers at all levels assess, detect and resolve those business issues that can most impact their business.

With successful deployments of its software products at thousands of organizations worldwide, Attunity provides enterprise-class software directly and indirectly through a number of strategic and OEM agreements with global-class partners such as HP, IBM, Microsoft, Oracle, Business Objects and Cognos.

Headquartered in Boston, Attunity serves its customers via offices in North America, Europe, and Asia Pacific and through a network of local partners. For more information, please visit us at http://www.attunity.com/, the content of which is not part of this press release.

For more information: Andy Bailey, VP Marketing Attunity +1-781-213-5204 andy.bailey@attunity.com Dror Elkayam, VP Finance Attunity +972-9-899-3000 dror.elkayam@attunity.com

Attunity Ltd

CONTACT: For more information: Andy Bailey, VP Marketing, Attunity,
+1-781-213-5204, andy.bailey@attunity.com., Dror Elkayam, VP Finance,
Attunity, +972-9-899-3000, dror.elkayam@attunity.com

Caps, Gowns and Electronics; College Students Rate Top Graduation Gifts in New National Survey; Circuit City Offers Timely Gift Tips

RICHMOND, Va., May 5 /PRNewswire-FirstCall/ -- A new national survey commissioned by electronics retailer Circuit City shows more than half of male college students and almost a third of female college students want a tech gift for graduation this year.

More than three million college students are expected to take degrees this academic year, according to the U.S. Department of Education. Another 3.3 million high school students also will march down the aisle this spring.

More than 2,400 college students responded to the Circuit City survey, conducted by independent research firm Decision Analyst of Arlington, TX. Among the findings:

-- 44.3 percent chose electronics, such as computer or TV, as their top graduation gift choice (58 percent of males, 32 percent of females) -- 32 percent chose a vacation trip (23 percent of males, 40 percent of females) -- Clothing, Jewelry, Sports Gear trailed with single-digit responses from both males and females -- Only 1.5 percent said they do not want a graduation gift

About two-thirds of respondents said they'd prefer to receive a gift card versus an item picked out by the giver. Female college students preferred gift cards at a higher rate than males (69 percent versus 57 percent, respectively).

Asked which electronic graduation gift would be the most useful: -- 79 percent chose computer -- 11 percent chose cell phone -- 6 percent chose PDA Asked which electronic graduation gift would be the most fun: -- 29 percent tie for computer and video game system -- 20 percent chose digital camera -- 10 percent chose MP3 player -- 6 percent chose HDTV Hot Graduation Gift Ideas:

Circuit City's electronics experts have identified the following categories as top sellers for graduation season: (see stores or Web site for latest prices)

Computers:

Starting at less than $450, with desktop and notebook PCs from top brands like Acer, Compaq, Gateway, HP, Sony and Toshiba

Small Flat Panel TVs:

Move up to HDTV starting at less than $250 with great brands like Element, Samsung, Sharp, Vizio and more

Digital Cameras:

8 Megapixel point & shoot cameras, starting at less than $100 from Canon, HP, Kodak, Nikon, Olympus, Samsung, Sony and more Digital Single Lens Reflex (DSLR) cameras starting at $499.99

Video Games:

All the hottest new game titles and consoles from the top makers: Nintendo Wii, Microsoft Xbox 360 and Xbox LIVE, Sony PlayStation 3 with Blu-ray and more

MP3 players:

Starting at $49.99 from leading brands like Apple, SanDisk, Creative Labs, Microsoft Zune and more

Gift Cards:

Look for the new multi-image mortarboard gift card to congratulate your graduate. Circuit City gift cards carry no fees or expiration dates and can be used in store or online.

Stretch Your Tax Rebate at Circuit City:

Circuit City is offering special promotions this spring and summer to help Americans make the most of their tax refunds and economic stimulus checks from the government. As a convenience for consumers, Circuit City also will accept these checks in payment for goods or services, with excess value returned to customers in the form of a Circuit City gift card.

About Circuit City Stores, Inc.

Circuit City Stores, Inc. is a leading specialty retailer of consumer electronics and related services. The domestic segment operates through 685 Superstores and 11 other locations in 158 U.S. markets. The international segment operates through approximately 800 retail stores and dealer outlets in Canada. Circuit City also operates Web sites at http://www.circuitcity.com/, http://www.thesource.ca/ and http://www.firedog.com/.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010709/CCLOGO )

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010709/CCLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Circuit City Stores, Inc.

CONTACT: Jackie Foreman of Circuit City Stores, Inc.,
+1-804-486-8298, jackie_foreman@circuitcity.com

Web site: http://www.circuitcity.com/
http://www.thesource.ca/
http://www.firedog.com/

Citysearch Announces 'Love at First Bite' Video Contest WinnerWitness One Man's Quest through Manhattan, New York for the Dumpling House

WEST HOLLYWOOD, Calif., May 5 /PRNewswire/ -- Citysearch today announced the winner of its first ever "Love at First Bite" user video contest, which took place in California, Illinois and New York. Daniel Hayek from New York received the grand prize, a $1,000 gift card, for his film "The Quest" which follows Hayek through New York City as he searches for a pork-filled sesame pancake.

"The Quest" -- Daniel Hayek http://www.vimeo.com/loveatfirstbite/760897 Contest Finalists include: "Sneaking Out" -- Susan Emshwiller http://vimeo.com/loveatfirstbite/759653 "True Love" -- Shawn Convey http://vimeo.com/loveatfirstbite/842423 "Love at First Bite" -- Loren Simons http://vimeo.com/loveatfirstbite/842425:

"The Quest" was directed by Daniel Hayek, a freelance writer based in New York's East Village. Hayek's inspiration for the film stems from his love of photography, architecture, and of course videography. He is also a self-proclaimed "foodie" who says his love of Latin American cooking stems from his Colombian roots and being raised on empanadas and delicious tropical juices.

"I got a lot of stares from subway riders while filming this clip but luckily New Yorkers are used to people behaving oddly in public," said Hayek. "In complete contrast, once I was out on the street several people approached me offering to hold my camera for me but I politely declined until I had my tasty sandwich in hand and my quest was complete."

The consumer video contest powered by IAC sister company, Vimeo, was launched by Citysearch in February 2008. This unique contest allowed users the chance to showcase their love of food and restaurants combined with their individualized story-telling and producing skills.

"We really enjoyed seeing all the creative and passionate entries to our 'Love at First Bite' contest," said Tim Allen, vice president, IAC Consumer Applications and Portals. "Because of the unique and viral nature of Vimeo's community, we can offer our partners custom campaigns (like 'Love at First Bite') that encourage active engagement with our user base in areas they already express enthusiastic interest, like food."

"The level of user enthusiasm and quality of the submissions we received for the contest were phenomenal," said Robert Moritz, Editor-In-Chief, Citysearch. "This contest provided a unique way for our active community to contribute online video on Citysearch and bring people's passion for food and restaurants to life. We thank everyone who participated and look forward to running future innovative contests like 'Love at First Bite'."

To view all of the "Love at First Bite" contest submissions, visit http://www.vimeo.com/loveatfirstbite. Citysearch's editorial staff judged all entries based on originality, creativity, humor, stage presence and ability to make their favorite food appealing to others.

About Citysearch

Citysearch is a leading online local guide that provides the most up-to-date information on businesses, from restaurants and bars, to travel and retail. Citysearch empowers consumers to make informed decisions about where to spend their time and money by delivering trusted content, local expertise and helpful tools, including over 18 million local business listings and over 1.5 million user reviews nationwide. Citysearch is an operating business of IAC . For more information, visit: http://www.citysearch.com/.

About Vimeo

Vimeo is a thriving community of people connecting through video. From simple moments to masterpieces, Vimeo is the perfect home for people to upload, store and share all the video they create. Vimeo makes encoding and playback quality a top priority, even supporting HD. And with advanced privacy and sharing functionality, Vimeo makes it simple to share your video with whoever you want, however you want. Vimeo can even power video on your website or blog. Founded in 2004, Vimeo is based in New York City and is an operating business of IAC and Connected Ventures. For more information, visit: http://www.vimeo.com/.

Contact: Nicole Myden Citysearch 310.360.4415 Nicole_Myden@citysearch.com

Citysearch

CONTACT: Nicole Myden of Citysearch, +1-310-360-4415,
Nicole_Myden@citysearch.com

Web site: http://www.citysearch.com/
http://www.vimeo.com/

Theatrical Standee for You Don't Mess with the Zohan to Feature Exclusive Free Voicetones for Moviegoers' Cell Phones With Bluetooth(R) Technology

CULVER CITY, Calif., May 5 /PRNewswire/ -- As The Zohan (a/k/a Adam Sandler) gives up counter-terrorism to pursue his goal of making the world "silky smooth," he will have a legion of supporters rallying around his efforts by using their mobile phones. Moviegoers interacting with the new specially marked You Don't Mess with the Zohan theatrical standee, exclusively placed in 25 Regal Entertainment Group theatre lobbies nationwide beginning May 2, will be able to receive six free exclusive and unique voicetones on their devices equipped with Bluetooth(R) wireless technology. Bluetooth wireless technology enables consumers to form one-to-one connections with their mobile devices without requiring internet connectivity. You Don't Mess with the Zohan will be released in theaters nationwide on June 6, 2008.

The specially marked standee features a beauty salon chair and imagery of Adam Sandler as The Zohan, an Israeli commando who fakes his own death in order to pursue his dream of becoming a hairstylist in New York, and comes equipped with bluecasting media servers to distribute the voicetones. When moviegoers sit in the stylist's chair, they will hear a sequence of exclusive unique voicetones recorded by Adam Sandler as The Zohan. Consumers can receive all six lines, which pay tribute to The Zohan's basic necessities of life, Disco, silky smooth hair and hummus, and use them as voicetones on their mobile devices by following a few simple instructions on the standee. The voicetones will be distributed to consumers from media servers provided by Blue Media, Inc. (http://www.bluemedia-inc.com/).

Commenting on the announcement, Dwight Caines, executive vice president, worldwide digital marketing strategy, said, "The standee provides a unique way for consumers to experience the distinctive larger-than-life character of The Zohan. Fans can use their mobile phones to take fun pictures of themselves posing with Adam Sandler as The Zohan, and then walk away with voicetones that are soon to be classic one-liners."

You Don't Mess with the Zohan is directed by Dennis Dugan, written by Adam Sandler & Robert Smigel & Judd Apatow, and produced by Adam Sandler and Jack Giarraputo. The film's website is http://www.youdontmesswiththezohan.com/.

About Columbia Pictures

Columbia Pictures, part of the Columbia TriStar Motion Picture Group, is a Sony Pictures Entertainment company. Sony Pictures Entertainment (SPE) is a subsidiary of Sony Corporation of America (SCA), a subsidiary of Tokyo-based Sony Corporation. SPE's global operations encompass motion picture production and distribution; television production and distribution; digital content creation and distribution; worldwide channel investments; home entertainment acquisition and distribution; operation of studio facilities; development of new entertainment products, services and technologies; and distribution of filmed entertainment in 67 countries. Sony Pictures Entertainment can be found on the World Wide Web at http://www.sonypictures.com/.

Columbia Pictures

CONTACT: Steve Elzer, Senior Vice President, Media Relations of Columbia
TriStar Motion Picture Group, +1-310-244-7142, steve_elzer@spe.sony.com

Web site: http://www.sonypictures.com/
http://www.bluemedia-inc.com/
http://www.youdontmesswiththezohan.com/

DemandTec Showcases Solutions to Support Next-Generation Category Management at The 2008 FMI Show plus MARKETECHNICS(R)Comprehensive, Consumer-Centric Pricing and Promotion Capabilities Available for Retailers

LAS VEGAS, May 5 /PRNewswire-FirstCall/ -- DemandTec, Inc. , a leading provider of on-demand merchandising and marketing software services for retailers and consumer products companies, is showcasing solutions for next-generation category management here at The 2008 FMI Show plus MARKETECHNICS(R), the largest international food industry event in North America, which is being held at the Mandalay Bay Convention Center in Las Vegas from May 4th to May 7th, 2008.

DemandTec's solutions for the retail industry include both analytical services and software services that enable retailers to strategically plan and optimize pricing, promotions, assortments and loyalty marketing decisions either individually or collaboratively with their suppliers.

DemandTec is highlighting the latest capabilities of the following solutions:

-- DemandTec Lifecycle Price Optimization(TM) -- software services enabling retailers to strategically price the entire store, including new items, everyday priced items, promoted items, and markdowns of clearance merchandise. -- DemandTec End-to-End Promotion Management(TM) -- software services used individually or collaboratively by both retailers and manufacturers to manage the broader promotion planning and execution process, including vendor collaboration, deal management, calendar planning, and optimization and execution.

"A major shift is underway in category management to become more shopper-centric. This is driving the need for more advanced applications for merchants," said Marc Dietz, Vice President of Product Marketing at DemandTec. "By providing store/SKU-level analytics, comprehensive pricing and promotion functionality, and vendor collaboration opportunities, DemandTec uniquely enables retailers to better understand their customers, further localize their offerings, and optimize merchandising and marketing decisions to achieve business objectives."

For more information about DemandTec solutions, please visit booth # 3675 at the Mandalay Bay Convention Center, May 5-7, 2008.

About DemandTec

DemandTec's on-demand software services empower retailers and consumer products companies to optimize merchandising and marketing decisions and collaborate in order to achieve their revenue, profitability and sales volume objectives. DemandTec has managed more than one million trade promotion deals between retailers and their manufacturer partners. DemandTec customers include leading retailers such as Advance Auto Parts, Best Buy, Circle K Stores, Delhaize America, Giant-Carlisle, H-E-B Grocery Co., Monoprix and Safeway, as well as more than 100 consumer products companies. For more information, please visit http://www.demandtec.com/.

DemandTec Safe Harbor

This press release contains forward-looking statements regarding DemandTec's expectations, hopes, plans, intentions or strategies, including statements regarding market trends. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include those described in DemandTec's documents filed with or furnished to the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to DemandTec as of the date hereof, and DemandTec assumes no obligation to update these forward-looking statements.

DemandTec and the DemandTec logo are registered trademarks of DemandTec, Inc. DemandTec Lifecycle Price Optimization and DemandTec End-to-End Promotion Management are trademarks of DemandTec, Inc. All other trademarks are the property of their respective owners.

DemandTec, Inc.

CONTACT: Media, Cassandra Moren of DemandTec, Inc., +1-650-226-4690,
cassandra.moren@demandtec.com; or Investors, Michael Kern of ICR,
+1-617-956-6731, michael.kern@icrinc.com, for DemandTec, Inc.

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

LandAmerica Fraud Detection Program Helps Agent Partners Safeguard Revenues and Avoid Costly Fraud Claims

RICHMOND, Va., May 5 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. is making its Fraud Detection Program, which helps the company's Agent Partners safeguard their business revenues and avoid potentially costly fraud claims litigation, available nationally for the first time. The program is being introduced nationwide after being successfully tested among Agent Partners in LandAmerica's Northwest Region of operations.

LandAmerica's Fraud Protection Program is the newest of 30 customized solutions delivered through the LandAmerica AgentXtra(SM) Program. For more than three years, this first-of-its-kind program has helped Agent Partners achieve business expansion, boost efficiency, utilize leading technologies and provide better customer service.

LandAmerica's Fraud Protection Program educates Agents Partners on how they can better identify and combat real estate and mortgage fraud. Agent Partners receive this training at no charge through LandAmerica's proprietary Fraud Detection Course. This online course can be completed in as little as 30 minutes and introduces, defines and reinforces the Watch, Wonder, Wave(TM) methodology for detecting fraud. The methodology teaches Agent Partners to Watch: to recognize red flags of potential deceptive conduct; Wonder: to trust intuition and explore whether the potential fraud may be explained as appropriate, without overreacting; and Wave: to engage supervisors, local counsel and management for guidance how to avoid involvement in potential fraud. The process is simple, easy to remember and can be readily implemented.

After completing the course, employees of Agent Partners who identify and prevent fraud in a LandAmerica-affiliated transaction are eligible to receive a $500 award.

"Through the LandAmerica Fraud Detection Program, we are making a tangible effort to diminish claims and associated monetary losses our Agent Partners encounter as a result of fraud," said Ken Astheimer, President - Agency Services for LandAmerica. Astheimer stated that LandAmerica regularly surveys its Agent Partners to find solutions to help them meet challenges in the marketplace and grow their businesses. The LandAmerica Fraud Detection Program was created in response to concerns about fraud expressed by a growing number of agents.

For information about the LandAmerica Fraud Detection Program or the LandAmerica AgentXtra Program, contact Jackie Bunting, Vice President - AgentXtra Program Manager, at (804) 267-8442 or jbunting@landam.com.

About LandAmerica Financial Group, Inc.

LandAmerica Financial Group, Inc. is a leading provider of real estate transaction services with over 700 offices and a network of more than 8,500 active agents. LandAmerica serves agent, residential, commercial and lender customers throughout the United States, Mexico, Canada, the Caribbean, Latin America, Europe and Asia. For the second consecutive year, LandAmerica is recognized as number one in the mortgage services industry on Fortune's 2008 list of America's most admired companies.

LandAmerica Financial Group, Inc.

CONTACT: Bob Sullivan, SVP - Investor Relations, +1-804-267-8703,
bsullivan@landam.com or Lloyd Osgood, SVP - Communications Resources,
+1-804-267-8133, losgood@landam.com, both of LandAmerica Financial Group,
Inc.

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

Commander of the USS Cole to Present Keynote at Everything Channel's Fourth Annual XChange Government Integrator Conference

MANHASSET, N.Y., May 5 /PRNewswire-FirstCall/ -- Everything Channel (formerly CMP Channel), the global leader in technology sales, will host the fourth annual XChange Government Integrator conference May 7-9 at the Gaylord National Resort & Convention Center in Washington D.C. Kirk Lippold, Commander of the USS Cole, will deliver the keynote presentation. XChange Government Integrator is dedicated to the unique dynamics of the government integrator market and will bring together over 100 pre-qualified leading government integrators from the state, local, federal, and education Channel across the U.S.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080505/NYM117LOGO-a) (Photo: http://www.newscom.com/cgi-bin/prnh/20080505/NYM117-b)

"Everything Channel is dedicated to advancing the unique dynamics of the government integrator marketplace. We are excited by our outstanding lineup of keynote presenters who will offer meaningful insight into the government IT marketplace," said Nancy Hammervik, Vice President, Everything Channel Events. "XChange Government Integrator is a great atmosphere for the top vendors to come together with leading government integrators to learn the direction the state, local, federal, education, and healthcare markets are heading."

Additional event highlights include: -- Presentation by Gloria Berthold, President, TargetGov -- Presentation by Kevin McDonald, Executive Vice President, Alvaka Networks -- HP World Premiere by Michael Humke, Vice President, Public Sector, Solutions Partners Organization -- IBM World Premiere by Bob Samson, General Manager, Global Public Sector

In conjunction with the event, GovernmentVAR will host the fourth annual GovernmentVAR Awards reception where solution providers will be recognized for demonstrating a clear understanding of the targeted needs and processes of federal, state, and local governments and educations as well as the vendors who consistently provide the essential programs that drive success in the channel. Sponsors of GovernmentVAR Awards Reception are Oracle and Symantec.

XChange Government Integrator is supported by platinum sponsors HP, IBM and Synnex and gold sponsors Oracle and Symantec.

The Channel's XChange conferences provide vendors and Solution Providers with face-to-face opportunities to meet in an intimate setting over the course of two to three days. XChange is supported by its sister properties CRN, VARBusiness, GovernmentVAR, ChannelWeb and the Institute for Partner Education & Development (IPED).

In 2008, Everything Channel Events will host a series of face-to-face events that provide a platform for vendors, distributors and Solution Providers to meet, define and strengthen their relationships. The XChange Conference Group continues to deepen its portfolio of channel events with the following conferences: XChange Managed Services '08, May 15, Irvine, CA; VARBusiness 500, June 3, New York, NY; XChange '08, August 17-20, Dallas, TX; XChange Latin America '08, September 8-10, Miami, FL; XChange Tech Innovators '08, November 17-19, San Jose, CA; and CRN Fast Growth, Chicago, IL.

For additional information on XChange Conferences, contact Allison Cohen at accohen@everythingchannel.com or visit http://www.everythingchannel.com/.

About XChange Conferences (http://www.cmpxchange.com/)

Everything Channel's XChange Conference Group is the global leader in face-to-face channel events. XChange Conferences bring together new markets, customers and revenue opportunities for solution providers and technology vendors. XChange Conferences offer the best recruiting, training, education and networking opportunities in three and four day events filled with keynotes, lectures, debates and discussions revolving around critical channel issues and trends. Everything Channel hosts a complete suite of integrated media and business solutions whose asset portfolio includes, CRN, VARBusiness, XChange Conferences, Institute for Partner Education & Development, the ChannelWEB Online Network and GovernmentVAR.

Everything Channel (http://www.everythingchannel.com/, http://www.channelweb.com/)

Contact Kate Spellman Everything Channel (516) 562-7383 kspellman@everythingchannel.com

Photo: http://www.newscom.com/cgi-bin/prnh/20080505/NYM117LOGO-a
http://www.newscom.com/cgi-bin/prnh/20080505/NYM117-b
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN15-16
PRN Photo Desk, photodesk@prnewswire.com Everything Channel

CONTACT: Kate Spellman of Everything Channel, +1-516-562-7383,
kspellman@everythingchannel.com

Web site: http://www.everythingchannel.com/
http://www.channelweb.com/
http://www.cmpxchange.com/

Company News On-Call: http://www.prnewswire.com/comp/181993.html

TRW Automotive Earns Ford World Excellence Award

LIVONIA, Mich., May 5 /PRNewswire-FirstCall/ -- TRW Automotive Holdings Corp. , through its TRW Polska Sp. z o.o. manufacturing facility in Czestochowa, Poland, has earned a prestigious Ford Motor Company World Excellence Award for exemplary performance in the supply of airbags in 2007.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO )

"We thank Ford Motor Company for this recognition and are working hard again in 2008 to exceed expectations," said president and chief executive officer John Plant. "This is a true testimony to our plant in Poland that has now earned this award for a second consecutive year."

The World Excellence Awards recognize suppliers who not only achieve the highest levels of cost, quality and delivery, but recognize the diverse cultures, values, and ideas of the thousands of individuals they employ. TRW garnered one of just 47 World Excellence Awards presented to Ford Motor Company suppliers for 2007 performance.

"It is a pleasure to recognize the technical excellence of our supplier partners," said Ford Motor Company president and chief executive officer Alan Mulally. "As we work to deliver the products and services people really want and value, we are more fully integrating our suppliers into our processes."

TRW was among representatives of Ford's top global suppliers at the recent awards ceremony held at the Henry Ford Museum in Dearborn, Michigan. Matthew Hett, vice president, sales and business development, accepted the award on behalf of TRW.

About TRW

With 2007 sales of $14.7 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 27 countries and employs more than 66,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at http://www.trw.com/ .

Forward-Looking Statements

This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements are subject to numerous assumptions, risks and uncertainties which can cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Report on Form 10-K for the fiscal year ended December 31, 2007, such as: loss of market share by domestic North American vehicle manufacturers and resulting production cuts and restructuring initiatives, including bankruptcy actions, of our suppliers and customers; escalating pricing pressures from our customers; commodity inflationary pressures adversely affecting our profitability and supply base, including any resulting inability of our suppliers to perform as we expect; product liability, warranty and recall claims and efforts by customers to alter terms and conditions concerning warranty and recall participation; foreign currency exchange rate fluctuations; work stoppages or other labor issues at our facilities or at the facilities of our customers or suppliers; our substantial debt and resulting vulnerability to an economic or industry downturn and to rising interest rates; cyclicality of automotive production and sales; risks associated with non-U.S. operations, including foreign exchange risks and economic uncertainty in some regions; adverse affects of environmental and safety regulations; assertions by or against us relating to intellectual property rights; the possibility that our largest shareholder's interests will conflict with ours; and other risks and uncertainties set forth in our Report on Form 10-K and in our other filings with the Securities and Exchange Commission. We do not undertake any obligation to release publicly any revision to any of these forward-looking statements.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com TRW Automotive Holdings Corp.

CONTACT: John Wilkerson of TRW Automotive-North America,
+1-734-855-3864, or Lynette Jackson of TRW Automotive-Europe-Asia,
+ 44.121.506.5315

Web site: http://www.trwauto.com/
http://www.trw.com/

Addition of Kuharsky to New Business Development Group Will Accelerate Scripps Networks' OpportunitiesMarketing veteran will focus on licensing, merchandising and other key areas of company's brand extensions

KNOXVILLE, Tenn., May 5 /PRNewswire-FirstCall/ -- With the successful execution of several acquisitions, merchandising partnerships and licensing deals over the last 12 months, Scripps Networks is making a move to further accelerate the company's new business opportunities. Sergei Kuharsky, a marketing veteran who joined Scripps' Food Network early in 2007, has been named general manager, Scripps Networks Enterprises.

In his new position, Kuharsky will report to Ron Feinbaum, executive vice president of New Business Development, while working closely with each of Scripps Networks' lifestyle brand executives to expand the company's initiatives in licensing, merchandising and publishing (books, DVDs, magazines and video games).

Scripps Networks is the leader in lifestyle media, comprised of the most popular lifestyle brands in television - HGTV, Food Network, DIY Network, Fine Living Network and country music network Great American Country. In addition, the company is the top-ranked content provider on the Internet in both the home and food categories. In the last year, Scripps Networks strengthened its grip on the home, food and lifestyle categories with a number of new business initiatives. The company acquired RecipeZaar.com, a leading user-generated recipe site, and bolstered its interactive functionality with the purchase of Incando, better known as Pickle.com. Most recently, Scripps Networks launched an online real estate business, FrontDoor.com. On the retail front, the merchandising partnership between Food Network and Kohl's Stores also is ahead of plan, while HGTV has partnered with the National Home Furnishings Association to introduce a branded marketing and consumer education program to that industry.

"We have some momentum, fueled by the continuing growth of our television networks and websites, and this move will only accelerate our opportunities," said John Lansing, president of Scripps Networks. "Sergei has demonstrated great leadership at Food Network over the last year, overseeing the brand's merchandising partnership with Kohl's and exploring several other opportunities that are on the horizon. This move will allow Sergei to apply his expertise across the home, food and lifestyle categories, putting all of our brands into the deal flow."

Before joining Scripps Networks, Kuharsky served as executive vice president in charge of sales and marketing for In Demand Networks, the cable industry's largest provider of video-on-demand and high definition TV entertainment. There, Kuharsky led many successful initiatives including INHD, a suite of linear high definition networks, Howard Stern On Demand and the Emmy Award winning Nascar In-Car, cable's first exclusive, interactive subscription sports package.

"With the heightened emphasis and improved organizational structure that accompany Sergei's move to the New Business Group, we are even better equipped to recognize more opportunities earlier and to negotiate from a position of strength," said Feinbaum. "The result, I believe, will be the creation of a significant new revenue stream for the company."

About Scripps Networks

Scripps Networks is comprised of the lifestyle television brands HGTV, Food Network, DIY Network, Fine Living Network and country music network Great American Country (GAC). Scripps is the dominant media and marketing company in the home, food and lifestyle categories, developing content for television and the Internet, where on-air programming is complemented with an array of broadband video, social media areas and e-commerce components on companion Web sites that attract more than 18 million unique visitors each month.

In addition, Scripps Networks has launched HGTV and Food Network in high definition and is aggressively developing its emerging media platforms for broadband and video on demand. Scripps Networks also acquired popular recipe Web site Recipezaar.com and Incando Corp. in order to deepen its user- generated content capabilities. Scripps Networks' brands collectively are available in more than 175 countries and territories on all seven continents. They also are distributed to more than 1,000 outlets on U.S. military bases and U.S. embassies around the world via the American Forces Radio and Television Service.

Headquartered in Knoxville, Tenn., with offices in New York, Los Angeles, Chicago, Detroit, Atlanta, Nashville and San Francisco, Scripps Networks is owned by The E.W. Scripps Company , a diverse media concern with interests in newspaper publishing, broadcast television, national television networks and interactive media. Scripps operates daily and community newspapers in 15 markets, 10 broadcast TV stations, Scripps Howard News Service, United Media, Shopzilla.com and USwitch.

Scripps Networks

CONTACT: Lee Hall of Scripps Networks, +1-865-560-3853,
lhall@scrippsnetworks.com

Southbury, Connecticut Residents To Benefit From Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Voice, Multimedia and Internet Access

SOUTHBURY, Conn., May 5 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in New Haven County, Verizon Wireless has activated a new cell site. The new site increases high-speed wireless data coverage and capacity along I-84 between exits 11 and 13, as well as Lake Zoar and the surrounding area.

Verizon Wireless has invested more than $45 billion since it was formed to increase the coverage and capacity of its national network and to add new services like BroadbandAccess and V CAST. Regionally the company has invested nearly $2.2 billion into its New England network, including over $292 million in 2007 alone. As a result of these investments, every Verizon Wireless cell site in New England offers wireless broadband connectivity.

BroadbandAccess offers computer users the nation's most reliable high- speed wireless mobile broadband network, operating at average upload speeds between 500 and 800 kbps, and download speeds between 600 kbps and 1.4 mbps over Verizon Wireless' BroadbandAccess with EV-DO Revision A network. V CAST brings video clips of TV shows, music on demand and other multimedia services to wireless phones.

Strong demand for Verizon Wireless services continued during the first quarter of 2008 as the company added 1.5 million net new customers and, for the fourteenth consecutive quarter, reported the lowest customer turnover (highest customer loyalty) rate in the wireless industry.

The company's 'nation's most reliable wireless network' reputation is based on network studies performed by real-life test men and test women throughout the country who inspired the "can you hear me now" national advertising campaign. Nationally, these test men and women drive nearly 100 specially equipped vehicles almost 1,000,000 miles annually on Interstate, U.S. and state highways as well as major roads and surface streets in high- population areas, based upon U.S. Census counts, to confirm that voice calls and data connections are successful on the first attempt and stay connected. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 67.2 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/ . To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia .

Verizon Wireless

CONTACT: Michael Murphy of Verizon Wireless, +1-781-932-1213; or Marcia
Simon of Thomson Communications for Verizon Wireless, +1-860-395-7244

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

MEDIA ADVISORY: InfoLogix to Present at AeA Micro Cap Conference in Monterey California

HATBORO, Pa., May 5 /PRNewswire-FirstCall/ -- InfoLogix, Inc. , a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, announced today that President and CEO David Gulian will present at the AeA Micro Cap Financial Conference. The Conference is being held May 5-6, 2008, at the Monterey Plaza Hotel in Monterey, California. Additional information regarding the AeA Micro Cap Financial Conference can be found at: http://www.aeanet.org/FinancialServices/AeAMicroCap.asp

(Logo: http://www.newscom.com/cgi-bin/prnh/20071101/NETH165LOGO )

Mr. Gulian will present at the general session and participate in break-out sessions. The presentations from the conference will be available on InfoLogix website at http://www.infologix.com/.

About InfoLogix, Inc.

InfoLogix is a leading provider of technology and RFID based intelligence solutions that enable the mobile enterprise. InfoLogix uses the industry's most advanced technologies to increase the efficiency, accuracy, and transparency of complex business and clinical processes for the healthcare industry and the commercial marketplace. With 19 issued patents, InfoLogix provides mobile managed solutions, on-demand software applications, mobile infrastructure products, and strategic consulting services to over 2,000 clients in North America including Kraft Foods, Merck and Company, General Electric, Kaiser Permanente, MultiCare Health System and Stanford School of Medicine. InfoLogix is a publicly-traded company . For more information, visit http://www.infologix.com/

Safe Harbor

InfoLogix makes forward-looking statements in this press release that represent our expectations or beliefs about future events and financial performance. Forward-looking statements are identifiable by words such as "believe," "anticipate," "expect," "intend," "plan," "will," "may" and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties, including the risks described in our Annual Report on Form 10-K for the period ended December 31, 2007 and other filings we make with the Securities and Exchange Commission. In addition, actual results could differ materially from those suggested by the forward- looking statements, and therefore you should not place undue reliance on the forward-looking statements. We do not make any commitment to revise or update any forward-looking statements to reflect events or circumstances occurring or existing after the date any forward-looking statement is made.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20071101/NETH165LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com InfoLogix, Inc.

CONTACT: Investor Relations, Thomas Walsh of Alliance Advisors for
ECOtality for InfoLogix, Inc., +1-212-398-3486, twalsh@allianceadvisors.net

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

You Can't Stop The Rock!!MTV Games, Harmonix and EA Announce 'Rock Band(TM) Track Pack Volume 1' for Wii(TM) and PlayStation(R)2 System Will Be Available July 15, 2008

CAMBRIDGE, Mass., May 5 /PRNewswire/ -- Harmonix, the leading developer of music-based games, and MTV Games, a division of MTV Networks, which is a division of Viacom , along with distribution partner Electronic Arts, Inc. , today announced plans to release Rock Band(TM) Track Pack Volume 1 for the Wii(TM) home video game console from Nintendo and PlayStation(R)2 computer entertainment system. The 20-Track Pack features an electrifying mix of classic hits and current favorites, including songs by Boston, Nine Inch Nails, Stone Temple Pilots, and All American Rejects. The Rock Band(TM) Track Pack Volume 1 will be available on July 15th, 2008 for a MSRP of $29.99. Complete details are as follows:

Release date: Tuesday, July 15, 2008 Tracks: 30 Seconds to Mars The Kill All American Rejects Move Along Blink - 182 All the Small Things Boston More Than a Feeling David Bowie Moonage Daydream Faith No More We Care A Lot Grateful Dead Truckin' The Hives Die, All Right! KISS Calling Dr. Love Lynyrd Skynyrd Gimme' Three Steps Nine Inch Nails March of the Pigs Oasis Live Forever Paramore Crushcrushcrush The Police Synchronicity II Queens of the Stone Age Little Sister Ramones Teenage Lobotomy Smashing Pumpkins Siva Stone Temple Pilots Interstate Love Song Weezer Buddy Holly Wolfmother Joker & the Thief ** All 20 tracks utilize original master recordings** ** All tracks are available as DLC on competing platforms** Price: $29.99 MSRP

Rock Band is the ultimate platform for music fans and gamers to interact with music like never before. The game challenges players to put together a band and tour for fame and fortune -- all while learning to master lead/bass guitar, drums and vocals. Featuring the most master recordings of any music game ever by the world's biggest rock artists, Rock Band includes tracks that span every genre of rock ranging from alternative and classic rock, to heavy metal and punk. Rock Band has garnered over 40 awards this year including Game Critics Award: Best of Show E3 2007 and three awards at The 11th Annual Interactive Achievement Awards including Outstanding Innovation in Gaming, Family Game of the Year, and Outstanding Achievement in Soundtrack.

Rock Band is rated "T" for Teen (lyrics, mild suggestive themes) by the ESRB.

Rock Band will be available for the Wii starting June 22, 2008. Rock Band is currently available on the PLAYSTATION(R)2 computer entertainment system, the PLAYSTATION(R)3 computer entertainment system, and on the Xbox 360(TM) video game and entertainment system from Microsoft(R).

EA is the exclusive distribution and marketing partner for Rock Band.

For more information on Rock Band and Harmonix Music Systems please visit http://www.rockband.com/ and http://www.harmonixmusic.com/.

About MTV Networks

MTV Networks, a unit of Viacom , is one of the world's leading creators of programming and content across all media platforms. MTV Networks, with more than 150 channels worldwide, owns and operates the following television programming services - MTV: MUSIC TELEVISION, MTV2, VH1, mtvU, NICKELODEON, NICK at NITE, COMEDY CENTRAL, TV LAND, SPIKE TV, CMT, NOGGIN/THE N, VH1 CLASSIC, MTVN INTERNATIONAL and THE DIGITAL SUITE FROM MTV NETWORKS, a package of 13 digital services, all of these networks trademarks of MTV Networks. MTV Networks connects with its audiences through its robust consumer products businesses and its more than 300 interactive properties worldwide, including online, broadband, wireless and interactive television services and also has licensing agreements, joint ventures, and syndication deals whereby all of its programming services can be seen worldwide.

About MTV Games

MTV Games is dedicated to creating, marketing and publishing high-quality, innovative interactive products that are relevant to the MTV audience and complement the core values of the MTV Networks brands.

About Harmonix Music Systems, Inc

Harmonix Music Systems, Inc., based in Cambridge, MA, and established in 1995, is the leading developer of groundbreaking music-oriented videogames. Harmonix was founded by Alex Rigopulos and Eran Egozy, who formed the company to invent new ways for non-musicians to experience the unique joy that comes from making music and have pioneered music and rhythm gaming in the US. For more information please visit: http://www.harmonixmusic.com/ .

About Electronic Arts

Electronic Arts Inc. (EA), headquartered in Redwood City, California, is the world's leading interactive entertainment software company. Founded in 1982, the company develops, publishes, and distributes interactive software worldwide for video game systems, personal computers, cellular handsets and the Internet. Electronic Arts markets its products under four brand names: EA SPORTS(TM), EA(TM), EA SPORTS BIG(TM) and POGO(TM). In fiscal 2007, EA posted revenue of $3.09 billion and had 24 titles that sold more than one million copies. EA's homepage and online game site is http://www.ea.com/. More information about EA's products and full text of press releases can be found on the Internet at http://info.ea.com/.

EA, EA SPORTS, EA SPORTS BIG, and POGO are trademarks or registered trademarks of Electronic Arts Inc. in the U.S. and/or other countries.

(C) 2007 Harmonix Music Systems, Inc. All Rights Reserved. Harmonix, Rock Band and all related titles and logos are trademarks of Harmonix Music Systems, Inc., a MTV Networks company. Rock Band developed by Harmonix Music Systems, Inc. MTV: Music Television, MTV Games and all related titles and logos are trademarks of MTV Networks, a division of Viacom International Inc All other marks are the property of their respective owners.

EA, EA SPORTS, EA SPORTS BIG and POGO are trademarks or registered trademarks of Electronic Arts Inc. in the U.S. and/or other countries. "PlayStation" and "PLAYSTATION" are registered trademarks of Sony Computer Entertainment Inc. Microsoft, Xbox and Xbox 360 are trademarks of the Microsoft group of companies.

MTV Games

CONTACT: Tracie Snitker of Reverb Communications, +1-209-586-1495 x104,
tracie@reverbinc.com, for Harmonix; or Jeff Castaneda of MTV Communications,
+1-212-846-6774, jeff.castaneda@mtvstaff.com; or Bryce Baer of Electronic
Arts, +1-650-628-5102, bbaer@ea.com

Web site: http://www.mtv.com/
http://www.rockband.com/
http://www.harmonixmusic.com/
http://www.ea.com/
http://info.ea.com/

'Real World Math' voting begins today for Fayetteville math video contestVoters on TeacherTube help award local teachers $10,000 classroom technology makeover

FAYETTEVILLE, Ark., May 5 /PRNewswire/ -- Fayetteville math teachers and students have done their part and submitted their creative videos for the first-ever Real World Math program and contest, presented by Texas Instruments (TI) and TeacherTube. Now it's up to the general public to choose the semi-finalist videos from the high school and junior high levels to win a TI technology makeover valued at $10,000.

Beginning today at noon CDT through 11:59 p.m. CDT on Friday May 9, the general public is encouraged to log onto TeacherTube, a Web site that hosts educational video content, and vote for their favorite video submissions.

Launched on March 25, 2008, the Real World Math video program challenges Fayetteville Public Schools' high school and junior high school math teachers to inspire their students to create videos that showcase how they use math everyday. The program was designed to help students understand how math is relevant to their daily lives and how math concepts taught in the classroom relate to them now and in the future.

The top twenty semi-finalist videos submitted for Real World Math will be determined by popular vote and sent to a judging panel made up of representatives from the Fayetteville and education community, who will choose the two grand-prize winners based on creativity and the math concept presented. The winning videos will be announced on Monday, May 19, and the customized classroom technology from TI will be installed in the winning teachers' classrooms prior to January 1, 2009.

"The Real World Math program encourages students to consider how math learned in the classroom relates to their everyday lives," said Kristen Scanlon, Director of Federal Programs for Fayetteville Schools. "I encourage everyone to visit TeacherTube to vote for their favorite video, and see some examples of how our daily activities employ and rely on fundamental math concepts."

How You Vote 1. The general public can vote by visiting the Real World Math page, http://www.teachertube.com/ti, and clicking the "Watch Submitted Videos" button located on the left-hand side bar, or by visiting the TeacherTube home page, http://www.teachertube.com/, and clicking the "Introducing Real World Math" icon in the upper right-hand corner. 2. Upon accessing the voting page, choose the most creative video that best showcases how math is used everyday. 3. Vote by clicking the button located next to each video.

Unlike many online video contests that simply provide entertainment value, TI's Real World Math is specifically focused on building a long-term, grassroots community for teachers to create and share usable content for high school-level math classrooms around the world.

About Texas Instruments

Education Technology, a business of Texas Instruments, provides a wide range of advanced tools connecting the classroom experience with real-world applications and enabling students and teachers to explore math and science interactively. Designed with leading educators and researchers, Texas Instruments educational technology and services are tested against recognized third-party research on effective instruction and improved student learning. Such research shows that use of graphing calculators and wireless classroom networks in the classroom helps teachers implement instructional strategies that lead to student collaboration, higher student interest, engagement and achievement in math. For more than 15 years, TI has worked closely with educators and administrators to develop student-focused curricular and supplemental classroom materials, and it supports the world's largest professional development organization for the appropriate use of educational technology. More information is available at education.ti.com

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

Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. More information is located on the World Wide Web at http://www.ti.com/.

About TeacherTube

TeacherTube is an online community for sharing instructional videos. TeacherTube seeks to fill a need for a more educationally focused, safe venue for teachers, schools, and home learners. It is a site to provide anytime, anywhere professional development with teachers teaching teachers. As well, it is a site where teachers can post videos designed for students to view in order to learn a concept or skill. Most importantly, TeacherTube community members are a major part of the evolution of the site. Members are encouraged to not only upload educationally relevant videos, but also to make constructive comments and use the rating system to show appreciation for videos of value to one as an educator or learner. To learn more about TeacherTube's online community, please visit http://www.teachertube.com/.

Texas Instruments

CONTACT: Mari Hancock of GolinHarris, +1-713-513-9574,
mhancock@golinharris.com, for Texas Instruments

Web site: http://www.ti.com/
http://www.teachertube.com/
http://www.education.ti.com/

Nelnet to Announce First-Quarter Results and Host Conference Call

LINCOLN, Neb., May 5 /PRNewswire-FirstCall/ -- Nelnet, Inc. today announced it will issue an earnings release for the first quarter of 2008 prior to the market open on May 12, 2008. Nelnet will host a conference call to discuss the results and provide a business update in conjunction with Nelnet's annual meeting of shareholders on May 22, 2008. The conference call will begin at 10:30 am (Eastern).

To access the call live, participants in the United States and Canada should dial 877.604.9669 and international callers should dial 719.325.4860 at least 15 minutes prior to the call. A live audio Web cast of the call will also be available at http://www.nelnetinvestors.com/ under the conference calls and Web casts menu.

A replay of the conference call will be available between 1:30 p.m. (Eastern) May 22, 2008 and 11:59 p.m. (Eastern) May 30, 2008. To access the replay via telephone within the United States and Canada, callers should dial 888.203.1112. International callers should dial 719.457.0820. All callers accessing the replay will need to use the confirmation code 9440399. A replay of the audio Web cast will also be available at http://www.nelnetinvestors.com/.

Information regarding the earnings release will be available on the Web site provided above upon issue on May 12.

For 30 years, Nelnet has been helping the education-seeking family plan, prepare, and pay for their education. Additional information is available at http://www.nelnet.com/.

(code #: nnif)

Nelnet, Inc.

CONTACT: Media, Ben Kiser, +1-402-458-3024, or Investor, Phil Morgan,
+1-402-458-3038, both for Nelnet, Inc.

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

Austin Firefighters Offered Free Trial of Identity Guard(R) Protection ServicesIntersections launches major ad campaign in Austin to highlight problem of identity theft

AUSTIN, Texas, May 5 /PRNewswire-USNewswire/ -- Intersections Inc. , a leading global provider of consumer and corporate identity risk management services, today announced the launch of a major ad campaign in Austin to help educate consumers about identity theft. As part of the initiative, Intersections is providing Austin area firefighters, The International Association of Firefighters, Local 975, complimentary subscriptions to its most comprehensive identity theft service, Total Protection.

"Identity theft is a real and ever-growing problem that affects millions of Americans," said Michael Stanfield, chairman and CEO of Intersections. "Just last year, 8.4 million U.S. adults and over 880,000 Texans were victims of identity theft. People need to protect themselves not only from physical crime and the hazards of fire, but from identity theft and cyber crimes. That is why we are honoring the firefighters of Austin with this protection. They are on the front lines to protect the Austin community, and we think they deserve to be protected from identity crimes."

The cost of Identity Guard's(R) comprehensive identity theft service, Total Protection, is $14.99 per month, making the value of a one-year subscription for Austin's 1,000 firefighters nearly $180,000.

According to a recent Federal Trade Commission report, Texas was found to be second in the nation in identity theft complaints. Identity Theft 911, a leading provider of identity theft restoration and education services, recently released a report that stated Texas has one of the highest rates of growth in identity theft and highest per capita incidence of identity theft.

Mr. Stanfield added, "Our research indicated that more than 80 percent of the Austin market makes purchases online. In addition, we found that Austin citizens conduct business and personal transactions online far more than the national average, making them particularly vulnerable to identity theft. This information confirmed that the Austin market was an ideal place to launch our new campaign."

"The preservation of life and property is the central mission of the Austin Fire Department," stated Stephen Truesdell, President of the Austin Fire Fighters Association, Local 975. "We are grateful to Intersections for benefitting our local firefighters with these invaluable services and lessons on how to better protect our personal information."

"This community has been affected by identity theft, and the Austin firefighters are proud to serve as examples by taking action to protect ourselves and our families in this important category," he added.

Identity Guard(R) Total Protection helps consumers protect their credit from identity theft, and also provides 360 degree protection on the Internet, on PCs, or when traveling, 24 hours a day,7 days a week.

About Intersections

Intersections Inc. is a leading global provider of consumer and corporate identity risk management services. Its premier identity theft, privacy, and consumer solutions are designed to provide high value, revenue generating opportunities to its marketing partners, including leading financial institutions, Fortune 100 corporations and other businesses. Intersections also markets full identity theft protection solutions under its brand, Identity Guard(R). Intersections' consumer identity theft protection services actively safeguard more than 8 million consumers against identity theft.

To address the growing threat of corporate fraud, Intersections and its subsidiaries provide cutting edge identity risk management solutions including:

-- Pre-employment background screening, provided domestically through American Background Information Services, Inc., and internationally through Control Risks Screening Limited (London, United Kingdom) and Control Risks Screening PE (Singapore). -- Corporate brand protection, provided by Net Enforcers, Inc. -- Security breach remediation, provided by Intersections to enable companies to respond to security incidents and mitigate potential damage to their employees, customers, and corporate brands. -- Software and data management, provided by Captira Analytical, LLC to assist the bail bond industry in managing workflow and data requirements. To learn more about our services visit us at http://www.intersections.com/.

Intersections Inc.

CONTACT: Sarabeth Patch, +1-614-288-5522, spatch@qorvis.com, or Luis
Saenz, +1-512-415-1489, saenz@austin.rr.com, both for Intersections Inc.

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

Herley Announces Settlement Agreement with U.S. Government

LANCASTER, Pa., May 5 /PRNewswire-FirstCall/ -- Herley Industries, Inc. announced today that it has reached a court approved settlement with the U.S. Government on all existing criminal and civil claims. These claims include (a) the criminal indictment against the Company which had been scheduled for trial on May 5, 2008 with respect to a contract for the sale of voltage control oscillators in January 2001 and two contracts involving the sale of power heads to the U.S. Government in April 2002 and October 2002, respectively; (b) the civil action by the U.S. Government against the Company based on alleged excessive profits on these three contracts; and ( c ) any future U.S. Government action against the Company arising from activities resulting in its two prior suspensions from receiving new contract awards from the U.S. Government, including its June 2007 suspension related to the Conventional Air Launched Cruise Missile project (CALCM). The Company also announced that a settlement has been reached with the U.S. Government and its former Chairman, Lee N. Blatt.

The settlement agreement with the Company is as follows: (a) with respect to the indictment, the Company has pleaded guilty to two counts of obstructing an audit relating solely to the power heads, a fine of $3.5 million, and the remaining 31 counts of the indictment have been dismissed; (b) the Department of Justice has released the Company of any civil liability for the matters set forth in the indictment in exchange for the payment of $6 million; and ( c ) with respect to the facts and circumstances resulting in the Company's two prior suspensions, the U. S. Government considers the matters closed.

With respect to Mr. Blatt, the Court, at the Government's request, dismissed all of the charges against him in the indictment and the Government filed a Superseding Information charging Mr. Blatt with a misdemeanor violation of the tax code in a single count, and Mr. Blatt has entered a guilty plea for failing to keep Company records of the allocation of an $18,000 corporate research expense. Mr. Blatt has been fined $25,000, has received a term of probation of one year and is required to perform some community service.

The Company is presently a party to an administrative agreement dated October 12, 2006, as amended on August 14, 2007, ("the Agreement") with the Department of the Navy, Acquisition Integrity Office. Subject to the terms and conditions set forth in the Agreement, the Navy, on behalf of the Department of Defense, agreed to terminate Herley's suspension and not to debar Herley based upon the facts and causes leading to the suspension. The Company has advised the Navy about the terms and conditions of the Court approved settlement for the criminal and civil matters mentioned above, and the Navy, through the Acquisition Integrity Office, has advised Herley that no action will be taken to suspend or debar Herley based on this settlement.

Commenting on this settlement, Myron Levy, Chairman and CEO of the Company stated, "We believe this settlement to be in our best interests. It is anticipated that the trial of the criminal matter would have been between two to three months and the trial of the Justice Department's civil action would have been a similar time period. The legal fees, for both trials, have been estimated to be in excess of the settlement amount. The U.S. Government's actions also have been a time-consuming, substantial distraction to management. We are optimistic that with these proceedings finally resolved, we can now look forward to resuming our previously successful performance record without the challenging impediments resulting from the U.S. Government's actions."

Herley Industries, Inc. is a leader in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide. Based in Lancaster, PA, Herley has eight manufacturing locations and approximately 965 employees. Additional information about the company can be found on the Internet at http://www.herley.com/

For information at Herley contact: Peg Guzzetti Tel: (717) 735-8117 Investor Relations http://www.herley.com/

Safe Harbor Statement -- Except for the historical information contained herein, this release may contain forward-looking statements. Such statements are inherently subject to risks and uncertainties. When used in this report, words such as "anticipated," "believes," "could," "estimates," "expects," "may," "plans," "potential" and "intends" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the belief of the Company's management, as well as assumptions made by and information currently available to the Company's management. The Company's results could differ materially based on various factors, including, but not limited to, cancellation or deferral of customer orders, difficulties in the timely development of new products, difficulties in manufacturing, increased competitive pressures, the effects of the indictment of the Company and general economic conditions. The Company undertakes no obligation to update forward-looking statements as a result of future events or developments.

Herley Industries, Inc.

CONTACT: Peg Guzzetti, Investor Relations of Herley Industries, Inc.,
+1-717-735-8117

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

Maxwell Technologies' 1st Quarter 2008 Financial Results Release, Conference Call and Webcast Set for Tomorrow, May 6

SAN DIEGO, May 5 /PRNewswire-FirstCall/ -- Maxwell Technologies, Inc. will issue its financial results news release for the first quarter ended March 31, 2008, at 4 p.m. (EDT) tomorrow, May 6, 2008. Management will conduct a conference call and simultaneous webcast to discuss first quarter results and the future outlook one hour later, at 5 p.m. (EDT).

The news release will be distributed by wire and posted simultaneously on the company's website, http://www.maxwell.com/, at 4 p.m. (EDT) tomorrow. Anyone wishing to be added to the company's telefax or email distribution lists for news releases may do so by calling (858) 503-3233.

The public is invited to listen to the conference call by dialing, toll-free 800-862-9098 from the U.S. and Canada, or 785-424-1051 for international callers. The simultaneous webcast may be accessed via the following link: http://www.maxwell.com/investors/index.asp. The webcast will be archived and available for subsequent Internet replay via the same link.

Maxwell Technologies, Inc.

CONTACT: Michael Sund of Maxwell Technologies, Inc., +1-858-503-3233

Web site: http://www.maxwell.com/
http://www.maxwell.com/investors/index.asp

Tundra Semiconductor's Serial RapidIO Switch Selected by VMETROTundra's RapidIO Solution Enables High Performance Processing for Board Interconnect and Across the Backplane

SCOTTSDALE, AZ, May 5 /PRNewswire-FirstCall/ -- Tundra Semiconductor Corporation (TSX: TUN), a leader in System Interconnect, announces that VMETRO, a leader in embedded computing solutions, has selected Tundra's Tsi578(TM) Serial RapidIO(R) Switch for its new Quad-Core Processing Engine and Single Board Computer. VMETRO recently launched two new 6U VPX-REDI offerings, which use the Tsi578 for large-scale DSP aggregation and also Tundra's Tsi148(TM) VME Bridge, the highest bandwidth VMEbus bridge available today.

"RapidIO is the fabric of choice for our customers' embedded multi-processing applications and RapidIO switches from Tundra are the ideal interconnect choice for VMETRO. By using Tundra's Tsi578 RapidIO switch, our VPX multi-processor boards provide a system fabric with the features our customers demand - low latency, low overhead, high throughput, peer-to-peer communication, reliability, and scalability. No other fabric offers this complete set of features," said Mike Jadon, Chief Technology Officer, Embedded Products for VMETRO, Inc. "Customer's deploying VMETRO's new MPE730 and SBC731 with RapidIO across the VPX backplane will get the performance and reliability they need for their multi-processing applications," continued Jadon.

"VMETRO's selection of the Tsi578 demonstrates the positive market response to our leading edge products," said Tracy Richardson, Vice President Marketing, Tundra Semiconductor. "In addition to using Tundra's industry-leading VME Bridge, the Tsi148, Critical Embedded System customers are now making use of RapidIO Switches to enhance performance and add scalability to their next generation designs."

VMETRO's MPE730 is a VPX-REDI quad-core processing board with dual PMC/XMC mezzanine sites and on-board Serial RapidIO and PCI Express(R) fabric connectivity. Utilizing dual Freescale Power Architecture(TM) MPC8641D processors, the four cores provide significant processing power while still meeting rugged, extended temperature convection and conduction-cooled requirements. Combining this processing power with the flexibility of dual PMC/XMC sites and the Serial RapidIO fabric enables powerful distributed multi-processing subsystems to be deployed and customized for a variety of applications such as radar and signal intelligence.

VMETRO's SBC731 is a VPX-REDI PowerPC(TM) single board computer with dual PMC/XMC mezzanine sites and on-board Serial RapidIO and PCI Express fabric connectivity. Utilizing a single Freescale MPC8641D processor while maintaining the same PMC/XMC, I/O and interconnect capabilities of the MPE730, the SBC731 is suitable for host board applications such as mission and control processors.

About VMETRO

VMETRO provides commercial-off-the-shelf (COTS) board- and system-level embedded computer products from development to deployment for applications in Aerospace & Defense, Industrial, Communications, Medical, Enterprise Computing and Network Storage. Our products offer the highest levels of performance, innovation and reliability by applying state-of-the-art technology within the framework of well established industry standards. VMETRO is a leading supplier of 1) Embedded Computing - ruggedized and commercial grade high-performance Digital Signal Processing and FPGA Processing solutions, Analog, Digital and Fiber-Optic I/O, and Buffer Memory Nodes 2) Data Recorders & Storage - ruggedized and commercial grade real-time long-endurance recording, playback and analysis systems for high-speed sensor data 3) Protocol & Bus Analyzers - debug, validation and analysis tools for testing computer systems and 4) Network Storage devices - solid-state non-volatile cards designed to increase performance and maintain reliability in server and storage appliances. For more information, please visit http://www.vmetro.com/.

About Tundra

Tundra Semiconductor Corporation (TSX:TUN) supplies the world's leading communications, computing and storage companies with System Interconnect products, intellectual property (IP) and design services backed by world-class customer service and technical support. Tundra's track record of product leadership includes over a decade of bridges and switches enabling key industry standards: RapidIO(R), PCI, PCI-X, PCI Express(R), PowerPC(R), VME, HyperTransport(TM), Interlaken, and SPI4.2. Tundra's products deliver high functional quality and simplified board design and layout, with specific focus on system level signal integrity. Tundra's design services division, Silicon Logic Engineering, Inc., offers industry-leading ASIC and FPGA design services, semiconductor intellectual property and product development consulting. Tundra's smart technology connects critical components in high performance embedded systems around the world. For more information, please visit http://www.tundra.com/.

Attachments: Learn more about the Tsi578 - http://www.tundra.com/products/rapid-io-switches/tsi578 Download Tsi578 Documentation - http://www.tundra.com/products/rapid-io-switches/tsi578/resources Download the Tsi578 Product Photo (high resolution) - http://www.tundra.com/images/stories/products/chips/tsi578_editor.jpg

TUNDRA and the Tundra logo are registered marks of Tundra Semiconductor Corporation in Canada, the United States, the European Union and the People's Republic of China. Design.Connect.Go., the Tsi148 and Tsi578 are trademarks of Tundra Semiconductor Corporation. PowerPC is a trademark of IBM Corporation. Power Architecture is a trademark of Freescale Semiconductor. RapidIO is a trademark of the RapidIO Trade Association. Other registered and unregistered trademarks are the property of their respective owners.

Development of the Tsi578(TM) was made possible in part with the assistance of the Technology Partnerships Canada Program. (C) Copyright 2008 Tundra Semiconductor Corporation. All rights reserved. Information subject to change without notice.

TUNDRA SEMICONDUCTOR CORPORATION

CONTACT: Keri Zeran, Director Marketing Communications, (613) 592-0859
ext. 1744, Mobile: (613) 697-6788, keri.zeran@tundra.com

page 1 page 2 page 3 page 4 page 5 page 6

News archive of November 2009
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

News Archives of May 2008
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

News Archives other dates
2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec