Digchip : Database on electronics components
 

Members login  
Email:
Password:


Companies news of 2008-05-06 (page 5)

  • Ener1, Inc. Announces Date for First Quarter 2008 Results and Management Conference Call
  • Atmel Introduces an AVR USB 2.4GHz Wireless Reference Design for Battery-Based PC...
  • LSI, Dell and Seagate First to Demonstrate End-to-End 6Gb/s SAS Server...
  • Organizations Around the World Invest in Oracle Instead of SAPOracle's Standards-Based...
  • The Institute of Internal Auditors Launches Computer-Based Certification ExamPearson VUE...
  • Renaissance Learning Releases Groundbreaking Reading Habits ReportWhat Kids Are Reading:...
  • BREG Powers Global Expansion With Oracle StackGlobal Medical Supplier Depends on Fast,...
  • European Capital Invests Euro 28 Million in International Electronics and Engineering
  • Investor Conference Highlights the 2008 M&A and IPO's in the Winner's Circle for Medical...
  • Lionbridge Reports Record Q1 Revenue of $117.0 Million and Strong Client Demand; GAAP EPS...
  • MicroStrategy Selected by eHarmony for Enhanced Enterprise Reporting and Analytics
  • China Fire & Security Group, Inc. to Present at Two Upcoming New York City Investor...
  • Jack Henry & Associates to Host Annual Analyst Conference- Live Web Cast and Archived...
  • GigaOM Welcomes PEER 1 as the Headline Sponsor of Structure 08
  • SAIC Awarded $24 Million Task Order from the U.S. ArmyCompany to Support the Topographic...
  • Simcere Pharmaceutical Group Reports Unaudited First Quarter 2008 Results
  • Quanta Services Announces 2008 First Quarter Earnings Release and Conference Call Schedule...
  • Ludwig Enterprises, Inc. Announces Selection of F.C.C. Attorneys
  • European Capital Invests Euro 28 Million in International Electronics and Engineering
  • EDS and Microsoft Announce Alliance for Airline Reservation ProductsUse of Microsoft Tools...
  • Overland Storage Unveils Certification Program for VARs, Recognizes Channel Excellence and...
  • ReneSola to Report First Quarter 2008 Financial Results on May 14, 2008
  • CGGVeritas: Information Related to the Availability of the Document de Reference and 20-F...
  • Cellcom Israel Schedules First Quarter 2008 Results Release for May 14, 2008Conference...
  • Numerex Reports First Quarter 2008 Financial Results63% rise in wireless M2M connections...
  • Nokia Announces Finalists for the Mobile Filmmaking AwardsMobile Short Videos Will be Seen...
  • Premier Farnell Group Announces Live EDGE 2008, its International $100,000 USD Challenge...
  • Hostopia to acquire certain shared hosting customer assets of Tucows Retail Service...
  • UCN inContact Enables 25% Average Monthly Call Volume Growth for RNs On-Call for Past Two...
  • Telestone Technologies Corporation to Announce First Quarter 2008 Financial Results on May...



    Ener1, Inc. Announces Date for First Quarter 2008 Results and Management Conference Call

    FORT LAUDERDALE, Fla., May 6 /PRNewswire-FirstCall/ -- Ener1, Inc. (BULLETIN BOARD: ENON) will release its first quarter results for 2008 on Monday, May 12, 2008 before the market open. Management will conduct a conference call on the same day, Monday, May 12, 2008, at 10:00 a.m. Eastern Daylight Time, to discuss the first quarter results and the company's strategic outlook for 2008.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20080312/CLW018LOGO )

    The call is being webcast by Thomson Financial and can be accessed on the home page of Ener1's website at http://www.ener1.com/.

    To participate in the conference call, please dial (888) 713-4215 from within the United States, or (617) 213-4867 from outside the United States. The participant pass code is 32064303.

    Participants are urged to dial into the call at least ten minutes prior to the call to register, or may pre-register for the call at: https://www.theconferencingservice.com/prereg/key.process?key=PV3MMYLTF

    Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference and will bypass the operator upon connection.

    A recording of the call will be available until May 19, 2008. To access the recording, please dial (888) 286-8010 from within the United States, or (617) 801-6888 from outside the United States. The participant pass code is 96410734.

    About Ener1, Inc.

    Ener1, Inc. (OTCBB: ENON) is leading the North American development and commercialization of advanced, high-performance safe lithium-ion (Li-ion) batteries for hybrid electric vehicles (HEVs), plug-in HEVs (PHEVs) and electric vehicles (EVs). Ener1 is also developing commercial fuel cell products through its EnerFuel subsidiary and nanotechnology-based materials and manufacturing processes for batteries and other applications through its NanoEner subsidiary. For more information, visit http://www.ener1.com/ and http://www.enerdel.com/ or call (212) 930-3500.

    Contact Rachel Carroll VP Corporate Communications P: 212 920 3500*105 E: rcarroll@ener1.com

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080312/CLW018LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Ener1, Inc.

    CONTACT: Rachel Carroll, VP Corporate Communications, Ener1, Inc.,
    +1-212-920-3500 *105, rcarroll@ener1.com

    Web site: http://www.ener1.com/
    http://www.enerdel.com/
    https://www.theconferencingservice.com/prereg/key.process?key=PV3MMYLTF




    Atmel Introduces an AVR USB 2.4GHz Wireless Reference Design for Battery-Based PC Peripherals

    SAN JOSE, Calif., May 6 /PRNewswire/ -- Atmel(R) Corporation , announced today the AVRUSBRF01 reference design for development with AVR(R) microcontrollers in the un-licensed 2.4 GHz ISM band and connection to PCs with USB.

    USB is the standard interface for connecting PC peripherals but wireless is becoming increasingly popular for peripherals like mice, keyboards, audio headsets or personal portable devices. Many desktops now offer WLAN and Bluetooth is on most laptops. Both wireless standards come with a power consumption which is not compatible with devices operating from simple batteries for several months or years. Existing transceivers operating in the 2.4GHz ISM band can achieve low power consumption with short range transfer speeds exceeding 1Mbit/s and rely on lightweight ad-hoc protocols.

    The AVRUSBRF01 enables the PC-Wireless connectivity using AVR USB microcontrollers. Designers can then develop battery-based, wireless peripheral applications using Atmel's 1.8V picoPower(TM) AVR microcontrollers that feature industry-best low power consumption. By using the same architecture and development platform for a complete project, designers can concentrate on end-product optimization and get to the market faster.

    Atmel's picoPower AVR features in-system programmable Flash and true EEPROM with the largest choice of package and memory ranges. This gives the best flexibility to meet with changing requirements and to develop a range of products based on the same architecture.

    The AVRUSBRF01 is based on the Atmel AT90USB162 microcontroller, which allows connection to a PC through the USB. This kit can be programmed through the USB in half a second and implement various standard USB device classes for input devices (Human Interface Device), generic HID I/O, communication (Communication Device Class), etc. The AVR USB can also support composite device classes, combining for instance and HID interface for remote control and an Audio interface for audio streaming. It offers 16 Kbyte of Flash for USB and RF protocol as well as on-chip EEPROM for pairing with wireless devices. AT90USB82 is a pin to pin compatible 8 Kbyte variant of AT90USB162, which can be used for application requiring less than 16 Kbyte. Conversely, the AVR USB family also offers Flash sizes up to 128 Kbyte for the most demanding applications.

    The kit contains two identical AVR USB RF modules and can connect to two different USB ports to establish wireless communication and evaluate the solution. They can also communicate with wireless peripherals derived from this reference design. To help with evaluation and development, the modules include two push buttons for hardware reset, in-system programming and extra functions, two LEDs for monitoring activity and a 6-pin header to connect development tools or other peripheral functions. The PCB size is only 3.8x1.6 cm, which is small enough to be used without change for many applications. If necessary, size can be further reduced by removing the extra features provided for evaluation and development.

    "The nRF24L01 RF transceiver we have selected for the AVRUSBRF01 can directly connect to our AVR microcontrollers and provide ready-to-use solutions for consumer applications," said Jean-Christophe Lawson, Atmel Product Marketing Manager.

    "Our nRF24L01 transceiver is going very well with Atmel AVR microcontrollers," said Thomas Embla Bonnerud, Nordic Semiconductor's Product Manager for Standard Components. "We are very happy with the speed and power consumption they can achieve," he continued.

    Availability and Pricing

    The AVR USB 2.4GHz RF transceiver kit is available from Atmel's franchised distributors at a suggested retail price of $69. The order code is ATAVRUSBRF01. All documentation and software updates are provided on Atmel's web site.

    About Atmel

    Atmel is a worldwide leader in the design and manufacture of microcontrollers, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions focused on consumer, industrial, security, communications, computing and automotive markets.

    (C) 2008 Atmel Corporation. All Rights Reserved. Atmel(R), logo and combinations thereof, AVR(R), and others, are registered trademarks, picoPower(TM) and others are trademarks of Atmel Corporation or its subsidiaries. Other terms and product names may be trademarks of others.

    Information:

    Atmel's AVRUSBRF01 information may be retrieved at: http://www.atmel.com/AVRUSBRF01.

    Press Contacts: Philippe Faure, Marketing Communications Director - Microcontrollers Tel: +33 2 40 18 18 87, Email: philippe.faure@atmel.com Helen Perlegos, Public Relations Tel: (+1) 408 487-2963, Email: hperlegos@atmel.com

    Atmel Corporation

    CONTACT: Philippe Faure, Marketing Communications Director -
    Microcontrollers, +33 2 40 18 18 87, philippe.faure@atmel.com, or Helen
    Perlegos, Public Relations, +1-408-487-2963, hperlegos@atmel.com, both of
    Atmel Corporation

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




    LSI, Dell and Seagate First to Demonstrate End-to-End 6Gb/s SAS Server InteroperabilityDemo Showcases 6Gb/s SAS I/O Throughput and RAID Functionality as Critical Technology Milestone Toward Achieving Complete Serial Attached SCSI (SAS) Ecosystem

    MILPITAS, Calif., May 6 /PRNewswire-FirstCall/ -- LSI Corporation , in collaboration with industry leaders Dell and Seagate, today announced the companies have successfully achieved 6Gb/s SAS I/O throughput and confirmation of data integrity in an interoperability demonstration. The technology demonstration used LSI 6Gb/s SAS RAID-On-Chip (ROC) controller ICs and 6Gb/s SAS high-port count expanders, performing read/write I/Os, at full bandwidth. The end-to-end interoperability demo is a critical milestone toward achieving a complete SAS ecosystem.

    "A successful demonstration of 6Gb/s SAS interoperability by three storage industry leaders will be a clear indication that product engineering, validation and interoperability testing is progressing well, and paves the way for production volumes in late 2009," said Dave Reinsel, vice president of storage and semiconductor research at IDC.

    The demo environment validates RAID functionality, and shows advanced interoperability and backward compatibility operating within a standard Windows Server(R) OS environment. Interoperability demonstrations are being offered by LSI in a hosted suite prior to the SCSI Trade Association SAS Solutions Open House today at the Fairmont Hotel in San Jose, Calif.

    "To help accelerate the maturity of 6Gb/s SAS and deliver the enhanced functionality customers need, it is critical for us to work closely with our silicon and hard disk drive partners in early interoperability and validation testing," said Howard Shoobe, senior manager, Dell storage product management. "We want to help customers by bringing end-to-end 6Gb/s throughput as well as the security and reliability which come along with this next generation of SAS."

    LSI engineers verified interoperability using a Dell prototype server with the LSI SAS2108 PCI Express(R) 2.0 to 6Gb/s SAS RAID-On-Chip and the LSI SAS2x36 6Gb/s SAS expander, and Seagate 6Gb/s and 3Gb/s SAS and 3Gb/s SATA hard disk drives. The demonstration showcases execution of I/Os -- both direct-connect and through an expander, at 6Gb/s speed. Read/write comparisons were validated, confirming data integrity over millions of I/O operations.

    IT professionals will expect a complete ecosystem of servers, hard disk drives, and IC and board components to be tested and broadly available prior to wide-spread industry adoption of 6Gb/s SAS solutions. Proven interoperability is a critical step on the path toward marketplace deployment of a complete ecosystem.

    Key new features and functionality delivered with 6Gb/s SAS include: -- Spread Spectrum Clocking to reduce EMI emissions; -- Decision Feedback Equalization for a more reliable link at 6Gb/s data rates; -- Standardized zoning; and -- Self-configuring expanders 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:

    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/.

    LSI and the LSI logo design are trademarks or registered trademarks of LSI Corporation or its subsidiaries.

    Windows Server is a registered trademark of Microsoft Corporation in the United States and/or other countries. PCI Express is a registered trademark of PCI-SIG Corporation. All other brand or product names may be trademarks or registered trademarks of their respective companies.

    LSI Corporation

    CONTACT: Jay Russo of LVA Communications, +1-860-739-5598, jay@lva.com;
    or Brian Garabedian of LSI Corporation, +1-408-433-8253,
    brian.garabedian@lsi.com

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




    Organizations Around the World Invest in Oracle Instead of SAPOracle's Standards-Based Strategy and Industry Leading Capabilities Empower Customers to Meet Unique Business Goals

    REDWOOD SHORES, Calif., May 6 /PRNewswire-FirstCall/ --

    -- Companies are gaining the flexibility and integration that enables them to adapt to changing business conditions at a faster speed and lower cost by choosing Oracle(R) Applications, Oracle's Enterprise Performance Management (EPM) System, and Oracle Business Intelligence Suite Enterprise Edition Plus (OBIEE Plus) over SAP, Oracle announced today. -- Customer momentum for Oracle Applications, Business Intelligence, and EPM System software is growing as organizations such as Ayala, Beijing Pharmaceutical Group, Brightstar Corp., China Bohai Bank, China National Postal and Telecommunications Appliances Corporation, Core Laboratories, Deutsche Bahn, Groupe Vedior, Hindustan Copper Limited, Luigi Lavazza, Metrorex, National Express, NATCO Group Inc., Network Hardware Resale, Old Mutual, Praxair, Inc., Rodenstock GmbH, Shenzhen Development Bank, Specialty Care Services Group, The RoomPlace at Harlem Furniture, United States Department of Defense, UT Southwestern Medical Center, and WireCo WorldGroup, have invested in Oracle instead of SAP. -- "Globalization is driving executives to focus on efficient innovation, rapid new product introduction, and better customer management. To meet these challenges, they require solutions that quickly adapt to changing market conditions," said Oracle Senior Vice President, Applications Development, Ed Abbo. "Oracle Applications are built on Oracle's standards-based Oracle Fusion Middleware and leverage a service-oriented architecture to provide the flexibility that companies need to successfully compete. In today's global environment -- which requires rapid change -- the native flexibility within Oracle Applications compared to SAP's inherent rigidity, creates a unique selling advantage for us over SAP." Bucharest Metro Operator Selects Oracle Applications Over SAP -- Metrorex is the operator of the Bucharest Metro in Romania. As passenger numbers continue to grow and the demand for new, high- capacity metro lines is on the rise, Metrorex wanted to rely on software applications that would support the company's business evolution. Metrorex considered both Oracle and SAP but needed to invest in applications that were rapidly scalable and flexible, making Oracle the clear choice. -- "Our decision to purchase Oracle instead of SAP was fueled by our need for applications that are adaptable. Only a standard-based architecture can provide that, making our decision to purchase Oracle much easier," said Metrorex Director, Mariana Petre. "The rich functionality within the Oracle E-Business Suite and the integrated applications will be highly supportive of our future growth and enable us to continue to build safe, reliable transportation for the community of Bucharest."

    Core Laboratories Selects Oracle's Enterprise Performance Management System Instead of SAP to Support Planning and Financial Reporting

    -- Based in the Netherlands, Core Laboratories is one of the leading providers of proprietary and patented reservoir description, production enhancement and reservoir management products and services to the oil and gas industry. Core Laboratories has over 70 offices in more than 50 countries and have been helping clients improve reservoir performance and increase oil and gas recovery for more than 70 years. After evaluating Oracle and SAP, Core Laboratories selected Oracle's EPM System to support its high-growth international business, and is currently using the Oracle E-Business Suite in more than 45 entities in 24 countries. -- "Oracle's EPM System will allow us to support the entire financial management cycle of goal-setting, modeling, planning, monitoring, analysis, and reporting -- helping us to make better decisions and drive better results," said Chris Hill, Corporate Controller -- Financial Reporting, Core Laboratories. NATCO Group Inc. Selects Oracle Instead of SAP to Support Growth -- Based in Houston, Texas, NATCO Group Inc. is a leading provider of wellhead process equipment, systems and services used in the production of oil and gas. NATCO has designed, manufactured and marketed production equipment and services for more than 80 years. The company's production equipment is used onshore and offshore in most major oil and gas producing regions of the world. After evaluating Oracle and SAP, NATCO selected the Oracle E-Business Suite to support its high-growth business. -- "It was vital for us to invest in the right enterprise applications that would provide immediate benefits today, as well as support our future roadmap," said NATCO Group Inc. Chief Financial Officer, Brad Farnsworth. "We selected Oracle based on the following factors: scalability, flexibility, speed to implement, total cost of ownership and cultural fit. After considering several vendors, Oracle stood out as the clear solution of choice for NATCO." Integration Capabilities Drive Furniture Retailer's Investment Decision -- The RoomPlace at Harlem Furniture has offered a one-of-a-kind shopping experience and unique service, selection and value successfully since 1912. The RoomPlace allows customers to experience a total-room concept with completely furnished, coordinated rooms created by the company's team of experienced designers. As a result, customers are able to select the perfect design that meets their individual tastes and needs. The RoomPlace currently operates 19 stores in Chicago and a distribution center in Woodridge, Illinois. The company selected the Oracle E-Business Suite to streamline business operations and further enhance the shopping experience for customers. -- "Oracle will help us create an integrated technology system that gives us greater insight into business processes across our organization," said The RoomPlace at Harlem Furniture Chief Information Officer, Michelle Pacynski. "With Oracle Applications, we anticipate being able to easily adapt to changes in our market and our customer demand."

    Brightstar Turns to Oracle's Enterprise Performance Management System for Financial Reporting and Analysis

    -- Headquartered in Miami, Brightstar Corp. is a global leader in customized distribution and supply chain solutions for the wireless industry. The company provides solutions to more than 30,000 network operators, MVNOs, retailers, resellers, and independent agents around the world, and also represents the world's leading wireless manufacturers. Following a thorough review of performance management software from Oracle and SAP, Brightstar chose Oracle to perform financial consolidation, reporting and analysis. -- "We anticipate that Oracle's Hyperion Financial Management and Hyperion Financial Data Quality Management will help us to automate formerly manual processes, improve financial data quality, reduce risk and facilitate compliance," said Miguel Fernandez, CIO, Brightstar Corp. Supporting Resources

    -- Podcast: Ed Abbo: Oracle's Application Strategy: http://tinyurl.com/46hmfx

    -- Podcast: Jon Chorley: Upgrading to Oracle SCM Release 12: http://tinyurl.com/3qg9wa

    -- About Application Integration Architecture: http://tinyurl.com/6dsk9k

    -- Oracle Applications Blog: http://blogs.oracle.com/applications/

    -- Oracle AppsLab Blog: http://oracleappslab.com/

    -- About Oracle Applications: http://tinyurl.com/3csanc

    -- Podcast: A Convergence of BI and EPM: http://tinyurl.com/4ffkk6

    -- Oracle EPM Blog - Frank Buytendijk: http://blogs.oracle.com/frankbuytendijk/

    -- About Oracle Enterprise Performance Management and Business Intelligence: http://www.oracle.com/epm

    About Oracle

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

    Trademark

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

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

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

    CONTACT: Jessica Moore, +1-650-506-8741, jessica.moore@oracle.com, or
    Eloy Ontiveros, +1-650-607-6458, eloy.ontiveros@oracle.com, both of Oracle
    Corporation

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




    The Institute of Internal Auditors Launches Computer-Based Certification ExamPearson VUE to deliver Certified Internal Auditor(R) exam globally

    BLOOMINGTON, Minn., May 6 /PRNewswire/ -- Pearson VUE, the electronic certification and licensure testing business of Pearson, announced the transition of The Institute of Internal Auditors' (IIA) certification exam, the Certified Internal Auditor(R) (CIA(R)), from paper-and-pencil to computer-based test delivery. This exam will be delivered exclusively through Pearson VUE's company-owned and -operated network of Pearson Professional Centers, as well as at Pearson VUE(R) Authorized Test Center Select locations around the world.

    The Certified Internal Auditor (CIA) designation is the only globally accepted certification for internal auditors and remains the standard by which individuals demonstrate their competency and professionalism in internal auditing. The CIA exam will be delivered in English, Japanese, French, Spanish, German and Italian, with additional languages and The IIA's specialty exams to be added.

    "Partnering with Pearson VUE was the next step we needed to take to support the global growth of the internal audit profession," said Susan Lione, vice president, Professional Practices. "IIA candidates will have the ability to test in a highly secure environment almost anywhere, anytime, and in a multitude of languages. Transitioning to computer-based delivery will not only make the examination process easier, but more convenient and accessible for CIA exam candidates around the world."

    "With our cutting-edge technology and the most extensive test center network in the industry, Pearson VUE has the capabilities to help The IIA grow and develop their multilingual certification program," said Robert Whelan, president, Pearson VUE. "We're dedicated to providing The IIA with exceptional test delivery and the global coverage their program demands."

    About Pearson VUE

    Pearson VUE (http://www.pearsonvue.com/) is the global leader in electronic testing for regulatory and certification boards, providing a full suite of services from test development to test delivery to data management. Pearson VUE offers exams through the world's largest network of test centers in 162 countries, providing testing services for information technology, academic, government and professional clients. Pearson VUE acquired the former Promissor in 2006, thereby extending its leadership in the certification market. The company's innovative technology offers the highest levels of security and program control, while its commitment to service provides clients and individual test takers with an unmatched testing experience.

    Pearson VUE is a business of Pearson , the international media company, whose businesses include the Financial Times Group, Pearson Education and the Penguin Group.

    About The Institute of Internal Auditors (IIA)

    Established in 1941, The Institute of Internal Auditors (IIA) is an international professional association with global headquarters in Altamonte Springs, Fla., USA. The IIA is the global voice, acknowledged leader, principal educator and recognized authority of the internal audit profession and maintains the International Standards for the Professional Practice of Internal Auditing (Standards). These principles-based standards are recognized globally and are available in 25 languages. The IIA represents more than 140,000 members across the globe, and has 247 affiliates in 92 countries that serve members at the local level. Members work in internal auditing, risk management, governance, internal control, information technology audit, education, and security. For more information on The IIA, please visit http://www.theiia.org/.

    Pearson VUE

    CONTACT: Mary Beth Mohn, Marketing Director of Pearson VUE,
    +1-952-681-3000

    Web site: http://www.pearsonvue.com/
    http://www.theiia.org/




    Renaissance Learning Releases Groundbreaking Reading Habits ReportWhat Kids Are Reading: The Book-Reading Habits of Students in American Schools

    WISCONSIN RAPIDS, Wis., May 6 /PRNewswire-FirstCall/ -- While online booksellers offer lists of bestselling children's books, and libraries collect circulation data, Renaissance Learning, Inc., has just released a groundbreaking report about the books American students are actually reading -- cover to cover. The first of its kind, What Kids Are Reading: The Book-Reading Habits of Students in American Schools compiles lists of the top 20 books students read in 2007 by grade, gender, U.S. region, and reading achievement level.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20001108/RENAISSANCELOGO)

    Renaissance Learning's unique perspective into the books students are reading comes from the Accelerated Reader (AR) database, which, for last year alone, included 78 million book reading records of more than 3 million students in grades 1-12 at more than 9,800 schools nationwide. The Accelerated Reader software, which helps teachers accurately and efficiently monitor student book reading, and other Renaissance Learning reading programs are in use at 63,000 U.S. schools.

    "We hope the publication of What Kids Are Reading will help promote high-quality book reading in schools and at home," said Roy Truby, Renaissance Learning's Senior Vice President of State & Federal Programs. "Reading is a skill that must be practiced, and we cannot expect to see improvement in reading without adequate reading practice."

    Among the report's key findings: -- Students are still reading the classics. Even with recently published books dominating best-seller lists for weeks and months at a time, the classics have a strong representation in the report's most-read lists. In fact, the top read book overall in grades 9-12 was Harper Lee's To Kill A Mockingbird. And other classics, including S.E. Hinton's The Outsiders, E.B. White's Charlotte's Web, and Dr. Seuss's Green Eggs and Ham consistently topped several of the various grade-level lists. -- Lists of frequently read books include very few nonfiction titles. Notably missing from the lists of top 20 most-read books by U.S. students are nonfiction or historical works, critical to rounding out the repertoire of a well-read student.

    Four award-winning authors whose books frequent the most-read lists contributed essays to What Kids Are Reading: Mary Pope Osborne, S.E. Hinton, Daniel Handler, and Christopher Paul Curtis.

    To read the full report, visit http://www.renlearn.com/whatkidsarereading. About Accelerated Reader

    Renaissance Learning, Inc., developed the Accelerated Reader software to make the job of managing book reading, often called reading practice, easier, less burdensome, and more reliable. Accelerated Reader is a progress-monitoring system. It helps teachers accurately and efficiently monitor student progress in the quantity and quality (comprehension) of their book reading. Introduced in 1986, Accelerated Reader has become one of the most popular educational software programs. While AR has become increasingly sophisticated over the years, its basic three-step approach has not changed: First, a student reads a book either at school or at home. Next, the student takes a computerized quiz of 5, 10, or 20 items depending on the length of the book. Then, the student and teacher receive immediate feedback and reports detailing books read, number of words read, book reading level, and comprehension (percent correct on the quiz). There are currently quizzes on more than 120,000 books, so students can read and quiz on just about any book available in a school or public library. AR also includes quizzes to assess and literacy skills, as well as quizzes on leading reading textbooks and content-area leveled readers. With the company's newly released Home Connect feature for use with Accelerated Reader Enterprise Edition, parents can keep track of their children's reading progress, including books read, average percent correct on AR quizzes, and results on the last quiz.

    About Renaissance Learning, Inc.

    Renaissance Learning, Inc. is the world's leading provider of computer-based assessment technology for pre-K-12 schools. Adopted by more than 74,000 North American schools, Renaissance Learning's tools provide daily formative assessment and periodic progress-monitoring technology to enhance core curriculum, support differentiated instruction, and personalize practice in reading, writing and math. Renaissance Learning products help educators make the practice component of their existing curriculum more effective by providing tools to personalize practice and easily manage the daily activities for students of all levels. As a result, teachers using Renaissance Learning products accelerate learning, get more satisfaction from teaching, and help students achieve higher test scores on state and national tests. Renaissance Learning has seven U.S. locations and subsidiaries in Canada, India, and the United Kingdom.

    Photo: http://www.newscom.com/cgi-bin/prnh/20001108/RENAISSANCELOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Renaissance Learning, Inc.

    CONTACT: Laurie Borkon of Renaissance Learning, Inc., 1-877-988-8048,
    fax, +1-715-424-4242

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




    BREG Powers Global Expansion With Oracle StackGlobal Medical Supplier Depends on Fast, Scalable, Reliable and Secure Oracle Infrastructure

    REDWOOD SHORES, Calif., May 6 /PRNewswire-FirstCall/ --

    -- Oracle today announced that BREG, Inc., a global manufacturer of orthopedic products, is using Oracle(R) Applications, Oracle Database and Oracle Fusion Middleware to standardize production processes, centralize key back-office capabilities and create a more flexible supply chain. -- Oracle delivers the performance, scalability, reliability, and security required for BREG to help ensure 24/7 uptime for its rapidly growing international business. -- Standardizing on Oracle infrastructure software and business applications also helped BREG simplify its IT administration, enabling the company to increase resources devoted to its core business and more effectively respond to changing business demands. -- To create a flexible and scalable IT architecture to meet its business demands and allow the company to seamlessly incorporate new technologies and organizations as it continues to grow, BREG worked with Irvine, Calif.-based Abaris, Inc., a Certified Partner in the Oracle PartnerNetwork, to deploy the Oracle E-Business Suite in conjunction with Oracle Database Standard Edition, Oracle Real Application Clusters and Oracle Fusion Middleware on Dell quad-core Linux servers. -- The automated management features and security of Oracle Database Standard Edition coupled with the high availability and scalability delivered by Oracle Real Application Clusters, helped BREG to cost-effectively deliver high performance data processing with virtually zero downtime. -- BREG is using Oracle Enterprise Manager 10g to monitor and manage its IT stack from a single Web-based console, which helps significantly reduce the resources required to keep the system running at peak performance levels. -- Building on top of its Oracle infrastructure software, BREG deployed the Oracle E-Business Suite, a fully integrated, comprehensive platform of business applications. -- Using the Oracle E-Business Suite in conjunction with Oracle Fusion Middleware and Oracle's Application Integration Architecture, BREG integrated multiple business processes and applications within its heterogeneous IT environment, which helped the company to consolidate organizational information across systems ranging from its Oracle's Siebel CRM system through to its global supply chain and warehouse management system, to achieve a clear and accurate picture of every customer, product, service and transaction. -- With a single view of all organizational information and the ability to quickly and easily add new business processes, BREG can react more quickly to changing business demands to better support its expanding customer base, global manufacturing operations and network of 100 distributors in 36 countries. Supporting Quotes -- "Oracle's high performance software running on low-cost servers in a Linux environment is an unbeatable combination for our business requirements. Because Oracle has automated so many of the maintenance and upgrade processes, our staff can focus on providing additional business value instead of getting bogged down with database administration. We chose Oracle for the advantages it gives us today and for the flexibility it provides to meet our goals for the next 20 years," said Steve Romeo, IT Director, BREG. -- "In the medical device market, companies are not distinguished by their products alone and are equally dependent on the level of service they can offer their customers. In BREG's case, it needed a flexible architecture that would support its incredible growth while providing meaningful insight into its customers. Oracle was able to provide just that, and BREG now has an application and data management framework that will support its current and future business requirements," said Sean Chawla, CEO, Abaris. Supporting Resources Analyst Reports Independent Analyst Reports on Oracle Software http://www.oracle.com/corporate/analyst/reports/index.html Oracle Expert Blogs The Tom Kyte Blog http://tkyte.blogspot.com/ David Chappell Blog http://blogs.oracle.com/davidchappell/ Related Resources About Oracle Database http://www.oracle.com/database About Oracle Fusion Middleware http://www.oracle.com/products/middleware/index.html About Oracle Applications http://www.oracle.com/applications/home.html About the Oracle PartnerNetwork http://oraclepartnernetwork.oracle.com/ Download Oracle Software http://www.oracle.com/technology/software/index.html Terms, conditions and restrictions apply. About Oracle

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

    Trademarks

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

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

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

    CONTACT: Greg Lunsford of Oracle Corporation, +1-650-506-6523,
    greg.lunsford@oracle.com; or Simon Jones of Blanc & Otus, +1-415-856-5155,
    sjones@blancandotus.com, for Oracle Corporation

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




    European Capital Invests Euro 28 Million in International Electronics and Engineering

    ST. PETER PORT, Guernsey, May 6 /PRNewswire/ --

    ECAS S.a.r.l, an indirect wholly-owned subsidiary of European Capital Limited (LSE: ECAS) ("European Capital"), announced today that it has invested euro 28 million in International Electronics and Engineering S.A. ("IEE"), a leading and innovative developer of safety-critical sensing solutions for the automotive industry. The investment supports Apax Partners' recapitalization of IEE. ECAS S.a.r.l invested mezzanine debt in IEE, which was arranged and underwritten by Allied Irish Banks.

    "We are excited to once again work with Apax Partners, a leading private equity firm," said Jean Eichenlaub, Southern Europe Regional Managing Director, European Capital Financial Services Limited ("European Capital Services"). "Apax's expertise in technology and its history with IEE make this a promising investment. We look forward to helping IEE, the leading player in a specialized sensing systems market, in its development."

    In the first quarter of 2008, European Capital invested a total of euro 140 million in six companies, compared to euro 267 million invested in ten companies in the first quarter of 2007. European Capital raised over euro 520 million in capital in the first quarter of 2008, compared to euro 47 million raised in the first quarter of 2007 and euro 518 million in all of 2007. In addition, European Capital realized euro 115 million from investments in the first quarter of 2008, compared to euro 163 million in the first quarter of 2007 and euro 707 million in all of 2007; a portion of these funds are available for reinvestment. European Capital has assisted in the refinance or syndication of more than euro 297 million of senior debt for its portfolio companies in the last twelve months.

    For more information about European Capital's portfolio, go to www.EuropeanCapital.com/our_portfolio/portfolio.html

    "IEE has a proven track record and strong customer relationships with all major car manufacturers," said Stephane Legrand, Director, European Capital Services. "The market for IEE's products continues to grow as automotive safety regulations tighten across the world. As an innovator and first-mover in its market, IEE is in an excellent position to improve its market share in both the U.S. and Europe."

    "IEE's history of developing innovative applications for the car safety industry and growing its market share, as well as its impressive financial record and long-term contractual agreements with OEMs, are strong indicators of IEE's future growth potential," said Olivia Reveilliez, Manager, European Capital Services. "IEE's state of the art technological development centers contribute to its specialized expertise."

    IEE is a world leading innovative developer of specialized sensing systems. Founded in 1989 and headquartered in Luxembourg, the Company has operations in Europe, the U.S. and Asia and employs over 1,200 people worldwide. IEE is a global leader in automotive safety sensing systems for occupant detection and classification. The Company offers solutions for pedestrian protection and is developing sensing systems for advanced driver assistance applications and for active safety systems. IEE also develops smart input systems for car interiors. Its LuSense business unit develops and markets sensing solutions for consumer electronics such as mobile phones and MP3 players. LuSense also develops foot pressure sensing mats for medical applications. IEE is entering into markets such as Public and Commercial Infrastructure, Automation and Logistics and Medical and Healthcare with unique sensing solutions for people counting, luggage classification, parcel detection and patient surveillance.

    ABOUT EUROPEAN CAPITAL

    European Capital is a publicly traded investment company for pan-European equity, mezzanine and senior debt investments with capital resources of approximately euro 2.8 billion. It is managed by European Capital Financial Services (Guernsey) Limited ("ECFSG" or "the Investment Manager"), a wholly-owned affiliate of American Capital Strategies, Ltd. ("American Capital").

    European Capital invests in and sponsors management and employee buyouts, invests in private equity buyouts and provides capital directly to private and public companies headquartered predominantly in Europe. European Capital generally invests between euro 5 million and euro 500 million per transaction in equity, mezzanine debt and senior debt to fund growth, acquisitions and recapitalizations.

    The investment objective of European Capital is to provide investors with dividend income and the potential for share value appreciation by investing in debt and equity investments in private and public companies headquartered primarily in Europe. European Capital seeks to achieve this through pursuing the following types of investments:

    European Capital One Stop Buyouts(TM)

    Through our One Stop Buyouts(TM), European Capital provides equity, mezzanine debt and senior debt as the lead investor in the buyout of private and public companies.

    Mezzanine Direct with Sponsors

    European Capital provides one stop financing of subordinated debt and equity for buyouts sponsored by private equity firms where European Capital is either the sole or lead mezzanine debt investor.

    Syndicated Mezzanine and Senior Debt

    European Capital provides mezzanine financing for buyouts sponsored by private equity firms where European Capital is neither the sole nor lead mezzanine or senior debt investor.

    Direct Investments

    European Capital provides subordinated debt and equity financing directly to private and public companies, which is used for growth, acquisitions or recapitalizations, and investing in structured finance vehicles.

    Companies interested in learning more about European Capital's flexible financing should contact Jean Eichenlaub at +33-(0)-1-40-68-06-66 in Paris, Nathalie Faure Beaulieu at +44-(0)-20-7539-7000 in London, Robert von Finckenstein at +49-(0)-69-71-71-297-0 in Frankfurt, or Luis Felipe Castellanos at +34-91-423-27-60 in Madrid, or visit the website at www.EuropeanCapital.com.

    ABOUT AMERICAN CAPITAL

    American Capital Strategies Ltd. (Nasdaq: ACAS), with US$19 billion in capital resources under management, is an affiliate of European Capital and a member of the S&P 500. It is the largest U.S. publicly traded private equity fund and the largest publicly traded alternative asset managers. American Capital, both directly and through its global asset management business, is an investor in management and employee buyouts, private equity buyouts, and early stage and mature private and public companies. American Capital provides senior debt, mezzanine debt and equity to fund growth, acquisitions, recapitalizations and securitizations. American Capital and its affiliates invest from US$5 million to US$800 million per company in North America and euro 5 million to euro 500 million per company in Europe.

    This press release contains forward-looking statements. The statements regarding expected results of European Capital and/or American Capital are subject to various factors and uncertainties, including the uncertainties associated with the timing of transaction closings, changes in interest rates, availability of transactions, changes in regional, national or international economic conditions, or changes in the conditions of the industries in which European Capital and/or American Capital has made investments.

    Web site: http://www.europeancapital.com http://www.americancapital.com

    European Capital Limited

    Stephane Legrand, Director, or Olivia Reveilliez, Manager, +33-(0)-1-40-68-06-66, or Marie Bal, Communications Manager, +33-(0)-1-40-68-68-66, all of European Capital Financial Services Limited




    Investor Conference Highlights the 2008 M&A and IPO's in the Winner's Circle for Medical Devices

    MASSAPEQUA, N.Y., May 6 /PRNewswire/ -- Conference organizer International Business Forum will be highlighting this year's MedTech Winner's Circle. Companies to be awarded the IPO include TranS1 and Insulet. Kyphon is being awarded the M & A award of the year. All are in Recognition for Outstanding Deal Execution.

    Accepting the award for TranS1 is President & CEO Rick Randall. TranS1 is a publicly held medical device company traded on NASDAQ as TSON focused on developing innovative, minimally invasive surgical procedures for treatment of low back pain (LBP).

    Accepting the award for Insulet is Board Member, Ross Jaffe Managing Director of Versant Ventures. Insulet Corporation is an innovative diabetes management company traded on NASDAQ as PODD dedicated to providing superior treatment options and lifelong health benefits for people with diabetes.

    Former Vice President General Counsel David Shaw will be accepting the award for Kyphon. Kyphon was acquired by Medtronic in July of 2007 and is traded on NYSE as MDT. The total value of the transaction, including payment of Kyphon debt, was approximately $4.2 billion. Medtronic financed the transaction primarily using cash on hand. Kyphon has been dedicated to improving patient quality of life through revolutionizing the practice of medicine. Kyphon's mission is to be the recognized global leader in restoring spinal function with minimally invasive therapies.

    The Winner's Circle is scheduled to take place 4:00 p.m. on Tuesday, May 13, 2008 at The Radisson Plaza in downtown Minneapolis. The session will highlight what made these deals significant and how they came together.

    This Investor Conference is the premier event for medical device industry luminaries, visionaries, entrepreneurs, and investors. Over the past year, market forces have redefined the medical device industry. This event will unite the venture capital community to drive innovation through investment opportunities in the medical device market. This conference is a must-attend event for active investors in medical technologies.

    To learn more about the event and to register, please visit http://www.medtechconference.com/.

    About IBF

    International Business Forum presents financial and business conferences on venture capital, corporate finance, mergers & acquisitions, corporate strategic investing, defined contribution/401(k) plans, risk management, funding technology innovation, and commercialization of intellectual property. IBF conferences provide attendees with leading-edge information and new business contacts to achieve business objectives. Visit http://www.ibfconferences.com/ for more details and complete information on upcoming events.

    International Business Forum

    CONTACT: Carissa Stavrakos of IBF Conferences, +1-516-765-9005 x310,
    carissa@ibfconferences.com

    Web site: http://www.ibforum.com/
    http://www.ibfconferences.com/
    http://www.medtechconference.com/




    Lionbridge Reports Record Q1 Revenue of $117.0 Million and Strong Client Demand; GAAP EPS of ($0.08) Reflects Negative Currency ImpactGrowing Business Pipeline and $9.1 Million Year-on-Year Increase in Cash Indicates Positive Outlook for 2008

    WALTHAM, Mass., May 6 /PRNewswire-FirstCall/ -- Lionbridge Technologies, Inc. today announced financial results for the quarter ended March 31, 2008. Financial highlights for the quarter include:

    -- Revenue of $117.0 million, an increase of $8.4 million or 8% from the first quarter of 2007. -- Revenue from the Company's top 10 customers in Q1 increased 12% compared to the prior year. Lionbridge also secured several new client programs during the quarter including contracts with a European airline, a European railway and a global online marketplace for the manufacturing community. -- Income before tax increased $922,000 from the fourth quarter of 2007, despite a sequential quarterly decline in the US Dollar of approximately 5% as compared to the Euro. -- GAAP net loss was $4.4 million, or ($0.08) per share based on 56.1 million weighted average basic common shares outstanding. Net income decreased by $4.7 million from the first quarter of 2007, primarily due a year-on-year decline in the US Dollar of approximately 16% as compared to the Euro. -- The Company's ending cash balance was $26.0 million for the quarter, an increase of $9.1 million from the first quarter of 2007. During the quarter, the Company acquired 674,211 shares of its common stock which consumed cash of $2.3 million.

    The Company provided its revenue outlook for the second quarter of 2008 with estimated revenue of $120.0 to $124.0 million. For the full year 2008 the Company expects the high end of its previously provided guidance of 6-10% year-on-year revenue growth.

    "Despite the rapid decline of the US Dollar during the quarter, we increased operating income from the fourth quarter by $115,000 excluding restructuring. And, in constant currency, we estimate that we improved operating income by almost a million dollars from last quarter excluding restructuring, reflecting the benefits of our cost reduction actions. While currency benefited our top line in the quarter, real customer demand remains strong, our pipeline of business is growing and our hosted language technology continues to accelerate our business," said Rory Cowan, CEO, Lionbridge. "As we begin the second quarter we are already experiencing a strong revenue ramp. With this growth, combined with the benefits of our cost reduction actions, and the economists' forecasted strengthening of the US Dollar, we expect to accelerate revenue and increase profitability for the remainder of 2008."

    The Company will host a conference call today at 9:00 am ET regarding the content of this release. The conference call will be carried live on the Internet. Instructions for listening to the call over the Internet are available on the Investor's page of the Lionbridge web site at http://www.lionbridge.com/webcast/may6/ . A replay will be available at this location for one week.

    Information about operating income in constant currency is calculated by translating current quarter's results at prior quarter's average exchange rates.

    About Lionbridge

    Lionbridge Technologies, Inc. is a provider of globalization and offshoring services. Lionbridge combines global resources with proven program management methodologies to serve as an outsource partner throughout a client's product and content lifecycle -- from development to globalization, testing and maintenance. Global organizations rely on Lionbridge services to increase international market share, speed adoption of global products and content, and enhance their return on enterprise applications and IT system investments. Based in Waltham, Mass., Lionbridge maintains 50 solution centers in 25 countries and provides services under the Lionbridge and VeriTest brands. To learn more, visit http://www.lionbridge.com/.

    Forward-Looking Statements

    This press release contains forward-looking statements that involve risks and uncertainties, including expected revenue growth, financial performance and profitability of Lionbridge in the second quarter and the remainder of fiscal year 2008. Lionbridge's actual experiences, actions, financial and operating results may differ materially from those discussed in the forward- looking statements. Factors that might cause such a difference include the loss of a major client or customer; the termination of customer contracts or engagements prior to the end of their term; the size, timing and recognition of revenue from clients; the ability of Lionbridge to realize the expected benefits of its systems deployment initiatives and the timing of the realization of such benefits; the impact of foreign currency fluctuations on revenue, margins, costs, operating results and profitability and the Company's ability to successfully manage this exposure through hedge instruments and other strategies; the portion of the Company's service engagements that are subject to the impact of foreign currency fluctuations; degradation in the Company's market value during the year such that it falls below the Company's book value and results in a material impairment; Lionbridge's ability to provide and maintain high quality services at a competitive price and related customer satisfaction with such service delivery; political, economic and business fluctuations; as well as risks of additional downturns in conditions generally, and in the information technology and software industries specifically, and risks associated with competition; Lionbridge's ability to forecast revenue, profitability, technology adoption, customer demand and operating results; Lionbridge's ability to attract and retain highly skilled resources to meet customer demands; Lionbridge's ability to perform services in lower cost operational locations and the timing of its transfer of service execution to such locations, and customer acceptance of service execution in such locations; Lionbridge's ability to resolve taxation questions regarding acquired businesses; changes in tax rates applicable to the Company and changes to the interpretations of applicable tax rates; the Company's dependence on clients' product releases, production schedules and procurement strategies to generate revenues; the timing and speed of customer and user acceptance of Lionbridge's language technology; the impact of competing language technology on the Company's existing customer relationships and ability to secure new customers; customer delays or postponements of services; the failure of Freeway or Logoport to keep pace with technological changes or changing customer needs; Lionbridge's ability to further develop and deploy Logoport; the ability of Lionbridge to respond to fluctuations in the complexity, timing and mix of services required by customers; costs associated with restructuring of certain operations in Europe and other locations, the timing of any anticipated benefits and the ability to realize such benefits; changes in customer procurement strategies; risks associated with management of growth and Lionbridge being held liable for defects or errors in its service offerings. For a more detailed description of the risk factors associated with Lionbridge, please refer to the Company's most recent Annual Report on Form 10-K and subsequent filings with the SEC (copies of which may be accessed through the SEC's website at http://www.sec.gov/).

    Contact: Sara Buda Lionbridge Technologies, Inc. (781) 434-6190 sara.buda@lionbridge.com LIONBRIDGE TECHNOLOGIES, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (Amounts in thousands, except per share data) Three Months Ended March 31, 2008 2007 Revenue $117,048 $108,616 Operating expenses: Cost of revenue (excluding depreciation and amortization shown separately below) 80,875 72,218 Sales and marketing 8,817 7,951 General and administrative 23,175 20,582 Research and development 1,112 717 Depreciation and amortization 1,139 1,294 Amortization of acquisition-related intangible assets 2,113 2,114 Merger, restructuring and other charges 206 278 Total operating expenses 117,437 105,154 Income (loss) from operations (389) 3,462 Interest expense: Interest on outstanding debt 1,122 1,418 Amortization of deferred financing costs 44 46 Interest income 147 206 Other expense, net 2,411 491 Income (loss) before income taxes (3,819) 1,713 Provision for income taxes 616 1,481 Net income (loss) $(4,435) $232 Net income (loss) per share of common stock: Basic $(0.08) $0.00 Diluted $(0.08) $0.00 Weighted average number of common shares outstanding: Basic 56,147 59,320 Diluted 56,147 60,791 LIONBRIDGE TECHNOLOGIES, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Amounts in thousands) March 31, December 31, 2008 2007 ASSETS Current assets: Cash and cash equivalents $26,034 $32,248 Accounts receivable, net of allowances of $689 at March 31, 2008 and December 31, 2007 77,538 83,611 Work in process 31,196 23,335 Other current assets 16,160 12,329 Total current assets 150,928 151,523 Property and equipment, net 15,860 13,449 Goodwill 131,213 131,213 Other intangible assets, net 26,328 28,441 Other assets 8,437 8,437 Total assets $332,766 $333,063 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Short-term debt and current portion of long-term debt $274 $304 Accounts payable 19,209 20,217 Accrued compensation and benefits 20,404 21,164 Other accrued expenses and current liabilities 30,895 29,364 Deferred revenue 12,078 16,014 Total current liabilities 82,860 87,063 Long-term debt, less current portion 71,722 71,751 Deferred income taxes, long-term 7,620 7,504 Other long-term liabilities 11,831 10,591 Total stockholders' equity 158,733 156,154 Total liabilities and stockholders' equity $332,766 $333,063 Reconciliation of GAAP Net Income (Loss) to Non-GAAP Cash EPS (UNAUDITED) Three Months Ended March 31, 2008 2007 Net income (loss) ($4,435) $232 Amortization of acquisition-related intangible assets 2,113 2,114 Merger, restructuring and other charges 206 278 Stock-based compensation 1,603 1,737 Cash earnings ($513) 4,361 Fully diluted weighted average number of common shares outstanding 56,147 60,791 Adjusted EPS ($0.01) $0.07

    Lionbridge Technologies, Inc.

    CONTACT: Sara Buda of Lionbridge Technologies, Inc., +1-781-434-6190,
    sara.buda@lionbridge.com

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




    MicroStrategy Selected by eHarmony for Enhanced Enterprise Reporting and Analytics

    MCLEAN, Va., May 6 /PRNewswire-FirstCall/ -- MicroStrategy(R) Incorporated , a leading worldwide provider of business intelligence software, today announced that it will be working with eHarmony, the Internet's #1 trusted relationship services provider, for enterprise-wide reporting and analytics.

    MicroStrategy will be used at eHarmony by its executive management team, managers, and business analysts to monitor key performance metrics. With user- friendly reports, scorecards, and dashboards, MicroStrategy enables the analysis of customer satisfaction, marketing initiatives, and new product features to allow eHarmony to identify trends and drive business growth. The MicroStrategy-based application will give eHarmony a high-level view of performance data, as well as the ability to drill down into the metrics to identify areas for improvement. MicroStrategy was selected for its intuitive user interface, powerful analytics, and flexibility to slice and dice data across multiple dimensions.

    "As a high growth business, we are extremely excited about our relationship with MicroStrategy," said Greg Waldorf, CEO, eHarmony. "World- class analytics are important and MicroStrategy is a cost efficient way to address our expanding BI requirements."

    "eHarmony is a highly popular online site, and we are delighted that it selected MicroStrategy for its business intelligence initiatives," said MicroStrategy COO, Sanju Bansal. "The MicroStrategy platform delivers content- rich reports and analyses that are valuable tools for companies that are committed to improving business performance."

    About eHarmony

    Pasadena-based eHarmony (http://www.eharmony.com/) launched in 2000 and is the Internet's No. 1 trusted relationship services provider. eHarmony creates compatible matches based on traits that are scientifically proven to predict happier, healthier relationships. In 2007 eHarmony was ranked No. 5 in Deloitte's prestigious Technology Fast 50 Program and in 2008 eHarmony won the prestigious Entretech Annual Entrepreneurship Award in the Growth Company Category.

    About MicroStrategy

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

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

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

    MicroStrategy

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

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




    China Fire & Security Group, Inc. to Present at Two Upcoming New York City Investor Conferences

    BEIJING, May 6 /Xinhua-PRNewswire-FirstCall/ -- China Fire & Security Group, Inc. ("China Fire" or "the Company"), a leading industrial fire protection products and solutions provider in China, announced today that the Company is scheduled to present at two upcoming investor conferences as follows:

    Representing the Company, Mr. Robert Yuan, Chief Accounting Officer of China Fire, will present at All Cap All China Conference hosted by Brean Murray, Carret & Co at 8:45am on May 19, 2008 at Waldorf Astoria Hotel, 301 Park Avenue in New York City. Management will host one-on-one meetings with institutional investors after the presentation. For more information please visit http://www.breanmurraycarret.com/conferences_events.asp .

    Mr. Robert Yuan, will also present at Oppenheimer 2nd Annual China Dragon Call Conference at 9:10 am on May 22, 2008 at Oppenheimer's headquarters at 300 Madison Avenue in New York City. Management will also host one-on-one meetings with investors during the conference. For more information please visit http://www.opco.com/Conferences/ChinaDragon08/index.html .

    About China Fire & Security Group, Inc.

    China Fire & Security Group, Inc. , through its wholly owned subsidiaries, Sureland Industrial Fire Safety Limited ("Sureland") and Tianjin Tianxiao Fire Safety Equipment ("Tianxiao"), is a leading total solution provider of industrial fire protection systems in China. Leveraging on its proprietary technologies, China Fire is engaged primarily in the design, manufacture, sale and maintenance services of a broad product portfolio including detectors, controllers, and fire extinguishers. Via its nationwide direct sales force, China Fire has built a solid client base including major companies in the iron and steel, power generation and petrochemical industries throughout China. China Fire has a seasoned management team with strong focus on industrial standards and technologies. Currently, China Fire has 52 issued patents covering fire detection, system control and fire extinguishing technologies. Founded in 1995, China Fire is headquartered in Beijing with about 500 employees in more than 30 sales and project offices throughout China. Cautionary Statement Regarding Forward Looking Information

    This presentation may contain forward-looking information about China Fire & Security Group, Inc. and its wholly owned subsidiary Sureland which are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and China Fire & Security Groups' future performance, operations and products. This and other ''Risk Factors'' are contained in China Fire & Security Groups' public filings with the SEC.

    For more information, please contact: China Fire & Security Group, Inc. Robert Yuan, Chief Accounting Officer Tel: +86-10-8441-7848 Email: ir@chinafiresecurity.com Website: http://www.chinafiresecurity.com/

    China Fire & Security Group, Inc.

    CONTACT: Robert Yuan, Chief Accounting Officer of China Fire & Security
    Group, Inc., +86-10-8441-7848, or ir@chinafiresecurity.com

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




    Jack Henry & Associates to Host Annual Analyst Conference- Live Web Cast and Archived Replay will be Provided -

    MONETT, Mo., May 6 /PRNewswire-FirstCall/ -- Jack Henry & Associates, Inc. today announced that it will host an analyst and investor conference on Tuesday, May 13, 2008. This conference will be hosted in Dallas, TX at the Grand Hyatt DFW International Airport hotel from 8:00 a.m. to 3:30 p.m. central time.

    The company's executive team will provide company and financial updates, and select general managers will provide updates on their respective areas of responsibility. Demonstrations of several products and services provided by Jack Henry will be available during a mini-tech fair beginning at 6:30 p.m. on Monday, May 12, 2008.

    The live Web cast, which will include both the audio and slides supporting each presentation, can be accessed on the Investor Relations tab of the Jack Henry Website -- http://www.jackhenry.com/. Please logon approximately 10 minutes before the conference begins. An archive of the conference slide presentations will be available on the company's Website beginning on Wednesday, May 14, 2008.

    About Jack Henry & Associates

    Jack Henry & Associates, Inc. is a leading provider of computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Its technology solutions serve more than 8,700 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking supports banks ranging from de novo to mid-tier institutions with information processing solutions. Symitar is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. Additional information is available at http://www.jackhenry.com/.

    Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information.

    Jack Henry & Associates, Inc.

    CONTACT: analysts, Kevin D. Williams, Chief Financial Officer, or
    investors, Jon Seegert, Director Investor Relations, both of Jack Henry &
    Associates, Inc., +1-417-235-6652

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




    GigaOM Welcomes PEER 1 as the Headline Sponsor of Structure 08

    SAN FRANCISCO and VANCOUVER, British Columbia, May 6 /PRNewswire-FirstCall/ -- PEER 1, a leading provider of online IT infrastructure, is sponsoring the first-ever Structure 08, presented by GigaOM. Focusing on the innovations of internet infrastructure, the conference will bring together the most influential leaders of the industry at the Mission Bay Conference Center in San Francisco on June 25, 2008.

    "PEER 1 is proud to support this conference. With the emergence of virtualization, cloud computing, on demand services and rich media, PEER 1 is seeing unprecedented demands being placed on IT infrastructure," said Robert Miggins, vice president of business development for PEER 1. "Structure 08 is the perfect venue to continue a dialogue with important partners to help determine the most viable paths for the infrastructure market, and for businesses looking to host their online presence cost-effectively."

    Committed to offering the smartest, most reliable solutions for its customers, PEER 1 engages in every stage of IT infrastructure development and provides the needed platform for innovation. The company is one of the only hosting providers to offer all three types of web hosting under one roof, co-location, self-managed and managed hosting. These solutions are backed by PEER 1's fully redundant network that delivers high performance bandwidth through 15 state-of-the-art data centers and 17 points-of-presence (POPs) across North America. This unique approach has enabled PEER 1 to achieve more than 300 percent growth in the last three years.

    "Web businesses have seen tremendous growth in the past several years and a range of new Internet infrastructures and technologies are driving this," said Om Malik, founder and CEO of Giga Omni Media. "I am glad to see PEER 1 join an influential group of companies sponsoring and presenting at Structure 08, including Sun Microsystems, and offer their insights into the new requirements of web businesses. We're happy they will be a part of our inaugural annual event, which will help shape and guide the future of the current Internet infrastructure buildout."

    At the conference, PEER 1 will host a private press event as well as a private VIP dinner, hosted by Om Malik. PEER 1 will also be recognized on the "Refresh The Net" (http://www.refresh.gigaom.com/) micro-site before and after the event and sponsor all evening events, in addition to being included in all marketing efforts around the event.

    Presented by GigaOM, Structure 08 is a significant one-day event that will sort through the emerging and disruptive computing technologies now becoming the building blocks for the next generation of the Internet. The conference will examine the technology innovations, such as virtualization, SaaS and cloud computing, associated with the current Internet infrastructure buildout and the companies leading the way, including Sun Microsystems, VMWare, Amazon.com and others. The full conference web site is available at http://www.structureconf.com/.

    About PEER 1

    PEER 1, a leading online IT infrastructure provider, believes in the limitless opportunity of the Internet and the business growth and continuity it provides for its more than 9,000 customers. PEER 1 delivers highly scalable managed hosting and co-location solutions to ensure customers' online presence is always fast, always available. Since 1999, PEER 1 has grown to include data centers and network points of presence in 17 major cities across North America and Europe. Serving a variety of companies, PEER 1 offers solutions that grow through every stage of web commerce, regardless of company size. The company's headquarters are in Vancouver, Canada and the stock is traded on the TSX Venture exchange under the symbol PIX. For more information visit: http://www.peer1.com/.

    About GigaOM

    GigaOM is the premier destination site for technology industry insiders. Edited by award-winning journalist Om Malik, GigaOM is widely considered an authoritative voice on what is disrupting the world of technology. Topics covered include broadband, VoIP, infrastructure, mobile, wireless, and venture capital. With signature intelligence, candor and irreverence, GigaOM breaks down the hype and explains how these new technologies will shape our future. GigaOM is part of Giga Omni Media, a portfolio of leading publications in the technology and entrepreneurial markets that reaches 1.75 million affluent and highly educated readers worldwide. To find out more about GigaOM, visit http://www.gigaom.com/.

    PEER 1

    CONTACT: Abigail Faylor, +1-425-452-5497, afaylor@webershandwick.com,
    for PEER 1; or Erin McMahon-Lyman, +1-415-307-9962,
    erin@marketingalchemist.com, for GigaOM

    Web site: http://www.peer1.com/
    http://www.gigaom.com/
    http://www.structureconf.com/




    SAIC Awarded $24 Million Task Order from the U.S. ArmyCompany to Support the Topographic Engineering Center in Alexandria, Va.

    SAN DIEGO and MCLEAN, Va., May 6 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced it has been awarded a task order by the U.S. Army to support the Topographic Engineering Center (TEC) in Alexandria, Va. This two-year task order has a contract value of more than $24 million and was awarded under the Geospatial Research, Integration, Development and Support (GRIDS) contract. Work will be performed in Alexandria and Suffolk, Va., Honolulu, Hawaii, Tampa, Fla., Germany and South Korea.

    TEC's mission is to provide the warfighter with superior knowledge of the operational environment and to support the nation's civil and environmental initiatives. This mission is accomplished through research, development, and the application of expertise in the topographic and related sciences. Under the contract, SAIC will support TEC's mission by engineering and developing software, and providing systems engineering and field support.

    "We have supported the Army at the TEC for the past five years. We look forward to continuing to provide quality engineering and support services that will help TEC accomplish its vital mission," said John Fratamico, SAIC senior vice president and business unit general manager.

    About SAIC

    SAIC is a FORTUNE 500(R) scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 44,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit http://www.saic.com/.

    SAIC: From Science to Solutions(R)

    Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward- looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2008, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

    Contact: Melissa Koskovich Laura Luke 703/676-6762 703/676-6533 koskovichm@saic.com laura.luke@saic.com

    SAIC

    CONTACT: Melissa Koskovich, +1-703-676-6762, koskovichm@saic.com, or
    Laura Luke, +1-703-676-6533, laura.luke@saic.com, both of SAIC

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




    Simcere Pharmaceutical Group Reports Unaudited First Quarter 2008 Results

    Net Income Increased 67.5% Year Over Year

    NANJING, China, May 6 /Xinhua-PRNewswire/ -- Simcere Pharmaceutical Group , a leading manufacturer and supplier of branded generic pharmaceuticals and manufacturer of the patented anti-cancer biotech product Endu in China, today reported unaudited financial results for the quarter ended March 31, 2008.

    Highlights -- Total revenue increased to RMB394.6 million (US$56.3 million) for the first quarter of 2008 from RMB312.3 million in the first quarter of 2007, representing a 26.4% year over year growth; -- Net income increased to RMB112.1 million (US$16.0 million) for the first quarter of 2008 from RMB66.9 million in the first quarter of 2007, representing a 67.5% year over year growth; -- Basic and diluted earnings per ADS were RMB1.79 (US$0.26) and RMB1.76 (US$0.25), respectively. Each ADS represents two ordinary shares; and -- Gross margin increased to 83.2% for the first quarter of 2008 compared to 81.7% in the first quarter of 2007. -- On April 18, 2008, the Company entered into a definitive agreement to acquire a 70.0% equity interest in Wuhu Zhong Ren Pharmaceutical Co. Ltd.; Simcere's third acquisition post IPO.

    Mr. Jinsheng Ren, Chairman and CEO of Simcere Pharmaceutical Group, commented, "Simcere has achieved steady growth in the past quarter, with sales of our anti-cancer product Endu and stroke management products Bicun and Yidasheng continuing to improve year on year. The revenue from these three drugs contributed about 55% of our total product revenue in the first quarter, as our strategic emphasis shifts from branded generics to first-to-market branded generics and innovative drugs. In addition, our continuing efforts in merger and acquisition initiatives have led us to our third post-IPO acquisition: the acquisition of 70.0% equity interest in Wuhu Zhong Ren Pharmaceutical Co. Ltd., a Chinese drug manufacturer specializing in the production of sustained release anti-tumor implants. We aim to find more exciting acquisition opportunities like this to expand our growing product portfolio."

    2008 First Quarter Financial Results

    Total revenue for the first quarter of 2008 was RMB394.6 million (US$56.3 million), representing a growth of 26.4% from RMB312.3 million for the same period in 2007.

    Revenue from Endu, the Company's patented anti-cancer pharmaceutical, totaled RMB63.8 million (US$9.1 million), representing 16.2% of the Company's product revenue for the quarter and a growth of 63.6% from RMB39.0 million for the same period in 2007.

    Revenue from Edavarone injection products, Bicun and Yidasheng, the Company's first-to-market stroke management product, totaled RMB152.0 million (US$21.7 million) in the first quarter of 2008, representing 38.7% of the Company's product revenue and a growth of 89.1% from RMB80.4 million for the same period in 2007.

    Revenue from other branded generic products for the first quarter of 2008 totaled RMB177.1 million (US$25.3 million), compared withRMB192.9 million for the same period in 2007.

    Gross margin for the first quarter of 2008 increased to 83.2%, as compared to 81.7% in the comparable prior year period. The increase was primarily due to the optimization of the product portfolio, as increased sales of first-to- market branded generic Bicun and innovative drug Endu, both have higher gross margin compared to the Company's other products.

    Research and development expenses for the first quarter of 2008 totaled RMB17.8 million (US$2.5 million), an increase of 29.3% from RMB13.7 million for the corresponding period a year ago. The increase in research and development expenses was primarily due to the ongoing Phase IV clinical study for Endu, continuing expansion of the Company's research and development department and other ongoing research projects.

    Sales, marketing and distribution expenses for the first quarter of 2008 were RMB164.5 million (US$23.5 million), an increase of 20.7% from RMB136.3 million for the corresponding period a year ago. As a percentage of total revenue, sales, marketing and distribution expenses were 41.7% compared to 43.6% for the same period in 2007. The decrease was partially due to fewer marketing activities during January and February 2008 when many parts of China were severely hit by the snow storm.

    General and administrative expenses were RMB47.0 million (US$6.7 million) for the first quarter of 2008, representing an increase of 52.0% from RMB30.9 million for the first quarter of 2007. The increase was attributable to increases in professional fees and other administrative expenses since listing in April 2007 and the expenses incurred in the newly consolidated business entities.

    Share-based compensation expenses, which were allocated to research and development expenses, sales and marketing expenses, and general and administrative expenses, based on the nature of the work the Company's employees were assigned to perform, totaled RMB7.0 million (US$1.0 million) for the first quarter of 2008.

    Operating income was RMB99.2 million (US$14.1 million) for the first quarter of 2008, representing an increase of 34.0% as compared to RMB74.0 million for the corresponding period of 2007.

    Income tax expense for the first quarter of 2008 totaled RMB16.8 million (US$2.4 million) compared to RMB1.5 million for the corresponding period of 2007. The increase was primarily due to the expiration of tax holidays of two subsidiaries.

    Net income was RMB112.1 million (US$16.0 million) for the first quarter of 2008, compared to RMB66.9 million in the corresponding period a year ago and representing growth of 67.5%. The Company's net margin was 28.4% for the first quarter of 2008 compared to 21.4% for the first quarter of 2007.

    The basic earnings per American Depository Share (ADS) for the first quarter of 2008 increased to RMB1.79 (US$0.26) and the diluted earnings per ADS increased to RMB1.76 (US$0.25), compared to basic earnings per ADS of RMB1.34 and diluted earnings per ADS of RMB1.30 for the corresponding period a year ago. Each ADS represents two ordinary shares.

    As of March 31, 2008, the Company had cash and cash equivalents (including pledged bank deposits), and short-term investments of RMB950.4 million (US$135.5 million) compared to RMB968.3 million as of December 31, 2007.

    On April 18, 2008, the Company entered into a definitive agreement to acquire a 70% equity interest in Wuhu Zhong Ren Pharmaceutical Co. Ltd. for RMB64.8 million (US$9.2 million) in cash. The Company believes that this transaction, which expands its first-to-market product pipeline in oncology, reinforces the Company's previously announced strategy of focusing on first- to-market brand generics and innovative drugs.

    Financial Outlook

    Based on current operating and market conditions, Simcere maintains its target total revenue for the full year 2008 between RMB2.0 billion and RMB2.1 billion and target annual net income for the full year 2008 between RMB390.0 million and RMB400.0 million.

    Safe Harbor Statement

    This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions. In particular, the quotations from management in this press release contain forward-looking statements. These forward looking statements are based upon management's current views and expectations with respect to future events and are not a guarantee of future performance. Furthermore, these statements are, by their nature, subject to a number of risks and uncertainties that could cause actual performance and results to differ materially from those discussed in the forward-looking statements as a result of a number of factors. Further information regarding these and other risks is included in Simcere's filing with the U.S. Securities and Exchange Commission at http://www.sec.gov/ . Simcere does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    Conference Call

    Simcere Pharmaceutical Group will host a conference call to discuss the first quarter 2008 earnings on Tuesday, May 6, at 8 a.m. Eastern Time (Tuesday, May 6 at 8 p.m., Beijing/Hong Kong time). The management team will be on the call to discuss quarterly results and highlights and to answer questions.

    To access the conference call, please dial: United States toll-free dial-in number: +1 866 510 0712 United States dial-in number: +1 617 597 5380 China toll-free dial-in number: +86 10 800 130 0399 Hong Kong dial-in number: +852 3002 1672

    Please ask to be connected to Simcere's first quarter 2008 Earnings Call and provide the following passcode: 95590725. Simcere also will broadcast a live audio webcast of the conference call. The broadcast will be available by visiting the "Investor Relations" section of the Company's Web site at http://www.simcere.com/ .

    Following the earnings conference call, an archive of the call will be available by dialing:

    United States toll-free dial-in number: +1 888 286 8010 International dial-in number: +1 617 801 6888

    The passcode for replay participants is: 67719578. The telephone replay also will be archived on the "Investor Relations" section of the company's Web site at http://www.simcere.com/ for seven days following the earnings announcement.

    About Simcere Pharmaceutical Group

    Simcere Pharmaceutical Group is a leading manufacturer and supplier of branded generic pharmaceuticals and manufacturer of the patented anti-cancer biotech product Endu in the rapidly growing China market. In recent years, Simcere has been focusing its strategy on the development of first-to-market generic and innovative pharmaceuticals, and has introduced a first-to-market generic stroke management medication under the brand name Bicun and an innovative anti-cancer medication under the brand name Endu. Simcere currently manufactures and sells more than 50 pharmaceutical products including antibiotics, anti-cancer medication and stroke management medication and is the exclusive distributor of three additional pharmaceuticals that are marketed under its brand names. Simcere concentrates its research and development efforts on the treatment of diseases with high incidence and/or mortality rates and for which there is a clear demand for more effective pharmacotherapy such as cancer, strokes, osteoporosis and infectious diseases and currently has more than 12 pipeline products. For more information about Simcere Pharmaceutical Group, please visit http://www.simcere.com/ .

    Simcere Pharmaceutical Group UNAUDITED CONSOLIDATED CONDENSED STATEMENTS OF INCOME (Amounts expressed IN THOUSANDS, EXCEPT PER SHARE AND PER ADS DATA) Three months ended March 31 2007 2008 2008 RMB RMB USD Product revenue 312,272 392,928 56,037 Other revenue -- 1,714 244 Total revenue 312,272 394,642 56,281 Cost of materials and production (57,267) (66,120) (9,430) Gross profit 255,005 328,522 46,851 Operating expenses: Research and development expenses (13,746) (17,773) (2,535) Sales, marketing and distribution expenses (136,303) (164,518) (23,461) General and administrative expenses (30,930) (47,027) (6,707) Income from operations 74,026 99,204 14,148 Interest income 486 10,407 1,484 Interest expense (4,003) (482) (69) Foreign currency exchange gains -- 26,554 3,787 Earnings before income taxes and minority interests 70,509 135,683 19,350 Income tax expense (1,476) (16,782) (2,393) Income before minority interests 69,033 118,901 16,957 Minority interests (2,088) (6,784) (968) Net income 66,945 112,117 15,989 Earnings per share: Basic 0.67 0.90 0.13 Diluted 0.65 0.88 0.13 Earnings per ADS: Basic 1.34 1.79 0.26 Diluted 1.30 1.76 0.25 Simcere Pharmaceutical Group UNAUDITED CONSOLIDATED CONDENSED Balance Sheets (Amounts expressed IN THOUSANDS) December 31, March 31, March 31, 2007 2008 2008 RMB RMB USD Assets Current assets Cash and cash equivalents (including pledged bank deposits) 498,262 220,426 31,435 Short term investments 470,000 730,000 104,107 Accounts and bills receivables, net of allowance for doubtful accounts 488,374 605,031 86,285 Inventories 65,241 65,591 9,354 Other current assets 35,276 43,678 6,229 Total current assets 1,557,153 1,664,726 237,410 Property, plant and equipment, less accumulated depreciation 374,058 383,663 54,715 Land use rights 116,386 116,061 16,552 Intangible assets, net 251,221 245,314 34,985 Goodwill 161,496 161,496 23,031 Other assets 11,894 11,662 1,664 Total assets 2,472,208 2,582,922 368,357 Liabilities Current liabilities Short-term bank loans and borrowings 29,000 19,000 2,710 Accounts and bills payable 23,711 24,841 3,543 Other payables and accrued liabilities 285,411 284,716 40,603 Income taxes payable 24,443 26,271 3,747 Total current liabilities 362,565 354,828 50,603 Other long term liabilities -- 19,928 2,842 Long term loan 52,000 52,000 7,416 Deferred income taxes 61,690 60,936 8,690 Total liabilities 476,255 487,692 69,551 Minority interests 12,137 18,921 2,698 Shareholders' equity Contributed capital 9,840 9,840 1,403 Additional paid-in capital 1,550,697 1,557,897 222,176 Accumulated other comprehensive loss (46,849) (73,673) (10,507) Retained earnings 470,128 582,245 83,036 Total shareholders' equity 1,983,816 2,076,309 296,108 Commitments and contingencies Total liabilities, minority interests and shareholders' equity 2,472,208 2,582,922 368,357

    Note: The conversions of Renminbi (RMB) into United States dollars (USD) as at the reporting dates are based on the noon buying rate of USD1.00 = RMB7.0120 on March 31, 2008 in The City of New York for cable transfers of Renminbi as certified for customs purposes by the Federal Reserve. No representation is intended to imply that the RMB amounts could have been, or could be, converted, realized or settled into U.S. dollars at that rate on the reporting dates.

    Simcere Pharmaceutical Group

    CONTACT: Investor and Media Contact: ir@simcere.com; Or In Nanjing:
    Frank Zhao, Chief Financial Officer of Simcere Pharmaceutical, +86-25-8556-
    6666 x8818, or zhaozhigang@simcere.com; Or In the United States: Michael
    Guerin of Brunswick Group, +1-212-333-3810, or mguerin@brunswickgroup.com; Or
    In Beijing: Kejia Wu of Brunswick Group, +86-10-6566-4651, or
    kwu@brunswickgroup.com; Or In Hong Kong: Joseph Lo Chi-Lun of Brunswick Group,
    +852-3512-5033, or jlo@brunswickgroup.com




    Quanta Services Announces 2008 First Quarter Earnings Release and Conference Call Schedule

    HOUSTON, April 28 /PRNewswire-FirstCall/ -- Quanta Services, Inc. announced today that it will release 2008 first quarter results on Wednesday, May 7, 2008, before the market opens. In conjunction with the release, Quanta has scheduled a conference call which will be broadcast live over the Internet on Wednesday, May 7, 2008, at 9:30 a.m. eastern time.

    What: Quanta Services 2008 First Quarter Earnings Conference Call When: Wednesday, May 7, 2008 - 9:30 a.m. eastern time How: Live via phone -- By dialing (303) 262-2191 and asking for the Quanta Services call at least 10 minutes prior to the start time. Live over the Internet -- by logging on to the web at the address below. Where: http://www.quantaservices.com/

    For those who cannot listen to the live call, a telephonic replay will be available through May 21, 2008, and may be accessed by calling (303) 590-3000 and using the pass code 11113666. Also, an archive of the webcast will be available shortly after the call on the company's website at http://www.quantaservices.com/. For more information, please contact Karen Roan at DRG&E at 713-529-6600 or email kcroan@drg-e.com.

    Contacts: James Haddox, CFO Ken Dennard / ksdennard@drg-e.com Reba Reid Kip Rupp / krupp@drg-e.com Quanta Services, Inc. DRG&E 713-629-7600 713-529-6600

    Quanta Services, Inc.

    CONTACT: James Haddox, CFO, or Reba Reid, both of Quanta Services, Inc.,
    +1-713-629-7600; or Ken Dennard, ksdennard@drg-e.com, or Kip Rupp,
    krupp@drg-e.com, both of DRG&E, +1-713-529-6600, for Quanta Services, Inc.

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




    Ludwig Enterprises, Inc. Announces Selection of F.C.C. Attorneys

    MIAMI, May 6 /PRNewswire-FirstCall/ -- Ludwig Enterprises, Inc. (Pink Sheets: LUDW) Board of Directors announces selection of F.C.C. Attorneys, Womble Carlyle Sandridge & Rice, PLLC.

    Ludwig's legal team will be headed by Womble Carlyle attorney Gregg Skall, a senior member of the Communications Bar. Mr. Skall has over 35 years experience in telecommunications legal issues and is a former Chief Counsel of the National Telecommunications and Information Administration.

    Mr. Skall said that Ludwig's technology and business plan offer radio broadcasters exciting new opportunities for nontraditional revenue and program diversification and he is grateful that Womble Carlyle will be a part of the Ludwig team.

    Mr. Skall will work directly with Patrick Greenish, Esq. president of Ludwig on legal matters relating to Ludwig's new Digital Broadcasting technology. The revolutionary new digital platform is planned to allow transmission of fifty (50) simultaneous channels of ethnic and alternative media broadcasting. The under-serviced or unserved foreign speaking market will have a medium to hear programs in their native languages. Content will include news from their homeland as well as content about activities in their local U.S. communities. Currently the US has about 30+ million foreign- born citizens or residents. Many in this group are middle or upper income producers. Many advertisers desire access to this group but have limited means to promote their products in a cost effective manner. Ludwig will link advertisers supply to targeted communities demand.

    ABOUT WOMBLE CARLYLE - Womble Carlyle is a full-service business law firm, which ranks among AmLaw's 100 leading firms in the country. The firm is a recipient of the Thurgood Marshall College Fund Corporate Leadership Award, making Womble Carlyle the first law firm ever to receive the highest honor given to a business organization in recognition of its support of the Fund and its 45 member educational institutions.

    Founded in 1876, Womble Carlyle operates in six states and the District of Columbia with nearly 550 attorneys in eleven offices located in Atlanta, GA; Greenville, SC; Charlotte, Greensboro, Raleigh, Research Triangle Park, and Winston-Salem, NC; Washington, DC; Tysons Corner, VA; Wilmington, DE; and Baltimore, MD. Womble Carlyle is located in the Southeast and mid-Atlantic regions, and serves clients nationally and globally.

    Womble Carlyle's communications practice has a fifty-year tradition of assisting mass media and telecommunications businesses through their regulatory issues in Washington and their business issues in nearly every state in the country.

    ABOUT LUDWIG ENTERPRISES, INC. - Ludwig Enterprises, Inc., (LUDW), is a Nevada based technology company with regional offices in Miami, Florida. LUDW has acquired various licenses and rights for revolutionary new methods of radio broadcasting. This technology attaches fifty new digital broadcast channels to an existing broadcast signal. This technology will allow Ludwig Enterprises to contractually acquire the right to utilize currently issued broadcast station spectrum with minimal regulatory requirements. The company intends to deploy this technology into the fifty largest US demographic markets.

    Taking advantage of a current void in the media market, Ludwig will target the rapidly emerging and underserved or un-served foreign language market. Programming will consist of twenty-four hour a day programs in such languages as Chinese, Pakistani, Russian, Hebrew and many others. Additionally there will be a limited number of specialty channels focusing on twenty-four hour a day: old time radio programs, readings of local and national news papers (without commentary), specialty music channels including jazz and music forms not played on conventional stations, and educational programming.

    It is estimated that this initial target market is currently over 100 million people in the US.

    ADDITIONAL INFORMATION about Ludwig Enterprises, Inc. as well as corporate structure and stock capitalization can be viewed on the Company's Web site: http://www.ludwigent.com/. Capitalization and filing information may also be viewed at: http://www.pinksheets.com/.

    SAFE HARBOR

    Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Ludwig Enterprise, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward- looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Ludwig Enterprises, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.

    Ludwig Enterprises, Inc.

    CONTACT: Investor Relations, investor_relations@ludwigent.com; or
    Patrick Greenish, President Ludwig Enterprises, Inc., +1-786-235-9026,
    president@ludwigent.com

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




    European Capital Invests Euro 28 Million in International Electronics and Engineering

    ST. PETER PORT, Guernsey, May 6 /PRNewswire-FirstCall/ -- ECAS S.a.r.l, an indirect wholly-owned subsidiary of European Capital Limited ("European Capital"), announced today that it has invested euro 28 million in International Electronics and Engineering S.A. ("IEE"), a leading and innovative developer of safety-critical sensing solutions for the automotive industry. The investment supports Apax Partners' recapitalization of IEE. ECAS S.a.r.l invested mezzanine debt in IEE, which was arranged and underwritten by Allied Irish Banks.

    "We are excited to once again work with Apax Partners, a leading private equity firm," said Jean Eichenlaub, Southern Europe Regional Managing Director, European Capital Financial Services Limited ("European Capital Services"). "Apax's expertise in technology and its history with IEE make this a promising investment. We look forward to helping IEE, the leading player in a specialized sensing systems market, in its development."

    In the first quarter of 2008, European Capital invested a total of euro 140 million in six companies, compared to euro 267 million invested in ten companies in the first quarter of 2007. European Capital raised over euro 520 million in capital in the first quarter of 2008, compared to euro 47 million raised in the first quarter of 2007 and euro 518 million in all of 2007. In addition, European Capital realized euro 115 million from investments in the first quarter of 2008, compared to euro 163 million in the first quarter of 2007 and euro 707 million in all of 2007; a portion of these funds are available for reinvestment. European Capital has assisted in the refinance or syndication of more than euro 297 million of senior debt for its portfolio companies in the last twelve months.

    For more information about European Capital's portfolio, go to http://www.europeancapital.com/our_portfolio/portfolio.html

    "IEE has a proven track record and strong customer relationships with all major car manufacturers," said Stephane Legrand, Director, European Capital Services. "The market for IEE's products continues to grow as automotive safety regulations tighten across the world. As an innovator and first-mover in its market, IEE is in an excellent position to improve its market share in both the U.S. and Europe."

    "IEE's history of developing innovative applications for the car safety industry and growing its market share, as well as its impressive financial record and long-term contractual agreements with OEMs, are strong indicators of IEE's future growth potential," said Olivia Reveilliez, Manager, European Capital Services. "IEE's state of the art technological development centers contribute to its specialized expertise."

    IEE is a world leading innovative developer of specialized sensing systems. Founded in 1989 and headquartered in Luxembourg, the Company has operations in Europe, the U.S. and Asia and employs over 1,200 people worldwide. IEE is a global leader in automotive safety sensing systems for occupant detection and classification. The Company offers solutions for pedestrian protection and is developing sensing systems for advanced driver assistance applications and for active safety systems. IEE also develops smart input systems for car interiors. Its LuSense business unit develops and markets sensing solutions for consumer electronics such as mobile phones and MP3 players. LuSense also develops foot pressure sensing mats for medical applications. IEE is entering into markets such as Public and Commercial Infrastructure, Automation and Logistics and Medical and Healthcare with unique sensing solutions for people counting, luggage classification, parcel detection and patient surveillance.

    ABOUT EUROPEAN CAPITAL

    European Capital is a publicly traded investment company for pan-European equity, mezzanine and senior debt investments with capital resources of approximately euro 2.8 billion. It is managed by European Capital Financial Services (Guernsey) Limited ("ECFSG" or "the Investment Manager"), a wholly-owned affiliate of American Capital Strategies, Ltd. ("American Capital").

    European Capital invests in and sponsors management and employee buyouts, invests in private equity buyouts and provides capital directly to private and public companies headquartered predominantly in Europe. European Capital generally invests between euro 5 million and euro 500 million per transaction in equity, mezzanine debt and senior debt to fund growth, acquisitions and recapitalizations.

    The investment objective of European Capital is to provide investors with dividend income and the potential for share value appreciation by investing in debt and equity investments in private and public companies headquartered primarily in Europe. European Capital seeks to achieve this through pursuing the following types of investments:

    European Capital One Stop Buyouts(TM)

    Through our One Stop Buyouts(TM), European Capital provides equity, mezzanine debt and senior debt as the lead investor in the buyout of private and public companies.

    Mezzanine Direct with Sponsors

    European Capital provides one stop financing of subordinated debt and equity for buyouts sponsored by private equity firms where European Capital is either the sole or lead mezzanine debt investor.

    Syndicated Mezzanine and Senior Debt

    European Capital provides mezzanine financing for buyouts sponsored by private equity firms where European Capital is neither the sole nor lead mezzanine or senior debt investor.

    Direct Investments

    European Capital provides subordinated debt and equity financing directly to private and public companies, which is used for growth, acquisitions or recapitalizations, and investing in structured finance vehicles.

    Companies interested in learning more about European Capital's flexible financing should contact Jean Eichenlaub at + 33 (0)1 40 68 06 66 in Paris, Nathalie Faure Beaulieu at + 44 (0)20 7539 7000 in London, Robert von Finckenstein at +49 (0) 69 71 71 297-0 in Frankfurt, or Luis Felipe Castellanos at +(34) 91 423 27 60 in Madrid, or visit the website at http://www.europeancapital.com/.

    ABOUT AMERICAN CAPITAL

    American Capital Strategies Ltd. , with $19 billion in capital resources under management, is an affiliate of European Capital and a member of the S&P 500. It is the largest U.S. publicly traded private equity fund and the largest publicly traded alternative asset managers. American Capital, both directly and through its global asset management business, is an investor in management and employee buyouts, private equity buyouts, and early stage and mature private and public companies. American Capital provides senior debt, mezzanine debt and equity to fund growth, acquisitions, recapitalizations and securitizations. American Capital and its affiliates

    invest from $5 million to $800 million per company in North America and euro 5 million to euro 500 million per company in Europe.

    This press release contains forward-looking statements. The statements regarding expected results of European Capital and/or American Capital are subject to various factors and uncertainties, including the uncertainties associated with the timing of transaction closings, changes in interest rates, availability of transactions, changes in regional, national or international economic conditions, or changes in the conditions of the industries in which European Capital and/or American Capital has made investments.

    European Capital Limited

    CONTACT: Stephane Legrand, Director, or Olivia Reveilliez, Manager,
    +33-(0)-1-40-68-06-66, or Marie Bal, Communications Manager,
    +33-(0)-1-40-68-68-66, all of European Capital Financial Services Limited

    Web site: http://www.europeancapital.com/
    http://www.americancapital.com/




    EDS and Microsoft Announce Alliance for Airline Reservation ProductsUse of Microsoft Tools Will Support Modernization and Operations of EDS Airline Products

    PLANO, Texas, May 6 /PRNewswire-FirstCall/ -- EDS today announced the signing of a comprehensive agreement with Microsoft around EDS airline reservations, flight operations and service oriented architecture products. With the announcement, EDS will use selected Microsoft tools, software and resources in the modernization and operations of its airline service oriented architecture (SOA) products. Microsoft will provide architecture specialists, advanced 24-hour support, a new model for software licensing, additional investment into the products and access to new customer channel management tools to form a truly a unique go-to-market relationship. The agreement is for a duration of eight years.

    "We have spent considerable time analyzing technology tools and capabilities and reached the conclusion that EDS Agility Alliance partner Microsoft offers us the best path forward for modernizing and enhancing our airline reservations, flight operations and service oriented architecture products," said Jim Dullum, EDS vice president and leader Global Transportation Industry. "This relationship will be unparalleled in providing the strongest combination of technology, industry expertise, products and architectural innovation to the airline industry."

    Joint sales and marketing activities will begin immediately and the first technology components will go live this summer. The EDS products using Microsoft's technology will include reservations, flight planning, flight operations and the airline SOA.

    "The travel and hospitality industry is important to Microsoft. It is an ideal environment for .net, SQL and distributed workflow services, and we found the EDS vision, investment and product direction to be one of the most robust in the industry," said Geoff Cairns, Microsoft's Managing Director for Hospitality worldwide. "This agreement is a strong validation of the capabilities of Windows & SQL Server and the broader product portfolio's ability to scale and deliver Enterprise SOA solutions. We expect this relationship to bring Microsoft and EDS to a leadership position in the airline product and technology market."

    As a member of the EDS Agility Alliance, Microsoft provides the standard platform for EDS' desktop and server operating systems, and integrated development environments. EDS clients turn to the alliance for development, management and modernization of their mission-critical applications and infrastructure, including the next generation of .NET, workplace and mobility solutions.

    As the leading global airline IT services provider, EDS brings world-class technology solutions to help airlines and transportation customers sustain competitive advantage in a tightly constrained market.

    About EDS

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

    CONTACTS: Annabelle Baxter EDS 972 605 0978 annabelle.baxter@eds.com

    Electronic Data Systems Corporation

    CONTACT: Annabelle Baxter of EDS, +1-972-605-0978,
    annabelle.baxter@eds.com

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




    Overland Storage Unveils Certification Program for VARs, Recognizes Channel Excellence and Shares Future Strategies at Partner Summit 200820 Awards Bestowed upon U.S. Partners for Outstanding Performance in Accelerating Sales of Overland's Disk- and Tape-Based Tiered Data Protection Solutions

    SAN DIEGO, May 6 /PRNewswire-FirstCall/ -- Overland Storage, Inc. today announced continued marketing momentum resulting from its 2008 North America Partner Summit, which took place last week in Chicago. The summit provided nearly 70 channel partners with information on the company's strategy, vision and new channel program initiatives, including a certified VAR program as well as the creation of a Partner Council to address ever-increasing demands for tiered data protection.

    The new certified VAR program, which is slated to launch on July 1st, is designed to ensure that channel partners have the appropriate skills and resources to sell and support Overland's broad portfolio of disk- and tape-based appliances. Opportunities to certify sales professionals and storage architects will be supported by a series of training webcasts, which will be held every two weeks starting in July to cover a diverse range of product and data protection topics. Current Platinum and Gold partners will be required to complete the credentialing process by the end of 2008.

    According to Ravi Pendekanti, vice president of worldwide marketing for Overland Storage, the Partner Summit was an excellent opportunity to share the strategic steps Overland is taking to add more value to its channel partner relationships. "We are extremely pleased to introduce new channel marketing programs that will help our partners drive revenue growth of high-margin, innovative disk- and tape-based solutions," he says. "In addition, we were thrilled to reward and recognize top performers who have made major contributions to our business growth over the past year."

    The top channel performers were recognized in the following categories: -- Outstanding Disk Contribution from a Direct Marketer: CDW; -- Highest Percentage Growth, Direct Marketer: Insight; -- Fastest Growing Reseller Partner, Platinum, U.S. Western Region: Media Recovery; -- Highest Overall Revenue Contribution, Platinum, U.S. Western Region: IoDynamix; -- Outstanding Disk Contribution, Platinum, U.S. Western Region: Media Recovery; -- Outstanding NEO 8000 Contribution, Platinum, U.S. Western Region: Media Recovery; -- Fastest Growing Reseller Partner, Platinum, U.S. Eastern Region: HorizonTek; -- Outstanding Disk Contribution, Platinum, U.S. Eastern Region: HorizonTek; -- Outstanding NEO 8000 Contribution, Platinum, U.S. Eastern Region: HorizonTek; -- Fastest Growing Reseller Partner, Gold, U.S. Western Region: Western Scientific; -- Highest Overall Revenue Contribution, Gold, U.S. Western Region: StoreHouse Technologies; -- Outstanding Disk Contribution, Gold, U.S. Western Region: Sanity Solutions; -- Outstanding NEO 8000 Contribution, Gold, U.S. Western Region: BlueLine Services; -- Fastest Growing Reseller Partner, Gold, U.S. Eastern Region: MCPc; -- Highest Overall Revenue Contribution, Gold, U.S. Eastern Region: GTSI; -- Outstanding Disk Contribution, Gold, U.S. Eastern Region: Mercury Storage; -- Outstanding NEO 8000 Contribution, Gold, U.S. Eastern Region: Bay Pointe Technology; -- Fastest Growing New Reseller Partner: GC Micro; -- Outstanding Disk Contribution, New Reseller Partner: Enterprise Information Systems.

    At the gathering, Overland also discussed common product themes that will guide the direction and development of future disk- and tape-based solutions. The company is building and strengthening its product offerings with continued focus on leveraging data deduplication, data movement and product integration, enhanced ease of use, broader connectivity and increased scalability.

    According to John Zammett, president of HorizonTek, a Huntington, N.Y.-based solution provider and three-time award winner at Overland's 2008 Partner Summit, the annual event was an excellent opportunity for company executives and partners to share top-level business strategies for 2008 and beyond. "Overland continually reinforces its commitment to the channel through proactive communications and doing whatever it takes to help its channel partners succeed," he says. "After participating in the summit, we are even more focused on solving our customers' tough business problems with Overland's tiered data protection products."

    W. Curtis Preston, renowned storage expert and vice president of GlassHouse Technologies, delivered an insightful keynote presentation detailing the latest issues, technologies and solutions that should be considered when selling best-in-class data backup and recovery solutions. "It was invigorating to participate in the interactive exchange of new marketing and sales ideas at Overland's 2008 Partner Summit," adds Cindra Stolk, president of Federal Edge Inc., a Riverside, Ca.-based provider of leading-edge data management, backup and disaster recovery solutions. "I left the conference feeling recharged and well-equipped with effective tools to assist us in selling and supporting Overland's best-of-class disk- and tape-based appliances."

    About Overland Storage

    Now in its 27th year, Overland Storage is a market leader and innovative provider of smart, affordable data protection appliances that help midrange and distributed enterprises ensure business-critical data is constantly protected, readily available and always there. Overland's award-winning products include NEO SERIES(R) and ARCvault(TM) tape libraries, REO SERIES(R) disk-based appliances with Virtual Tape Library (VTL) capabilities and ULTAMUS(R) RAID high-performance, high-density storage. Overland sells its products through leading OEMs, commercial distributors, storage integrators and value-added resellers. For more information, visit Overland's web site at http://www.overlandstorage.com/

    Overland, Overland Storage, REO Series, REO, NEO Series, NEO, ARCvault Series, ARCvault and ULTAMUS are trademarks of Overland Storage, Inc.

    Overland Storage, Inc.

    CONTACT: Sue Hetzel of HetzelMeade Communications, +1-760-434-9927,
    sue@hetzelmeade.com, for Overland Storage, Inc.

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




    ReneSola to Report First Quarter 2008 Financial Results on May 14, 2008

    JIASHAN, China, May 6 /Xinhua-PRNewswire-FirstCall/ -- ReneSola Ltd ("ReneSola" or the "Company") (AIM: SOLA.L), a leading Chinese manufacturer of solar wafers, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2008 before the U.S. market opens on Wednesday, May 14, 2008.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20080506/CNTU030 )

    ReneSola's management will host an earnings conference call on Wednesday, May 14, 2008 at 8 AM U.S. Eastern Daylight Time / 8 PM Beijing/Hong Kong time / 1 PM British Summer Time.

    Dial-in details for the earnings conference call are as follows: U.S. / International: +1-617-597-5313 United Kingdom: +44-207-365-8426 Hong Kong: +852-3002-1672

    Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call. The passcode is "ReneSola Call."

    A replay of the conference call may be accessed by phone at the following number until May 21, 2008:

    International: +1-617-801-6888 Passcode: 28483587 About ReneSola

    ReneSola Ltd ("ReneSola") is a leading solar wafer manufacturer in China. Capitalizing on proprietary technologies and technical know-how, ReneSola manufactures monocrystalline and multicrystalline solar wafers, which are thin sheets of crystalline silicon material primarily used in the production of solar cells. In addition, ReneSola strives to enhance its competitiveness through upstream integration into virgin polysilicon manufacturing. ReneSola possesses a global network of suppliers and customers that include some of the leading global manufacturers of solar cells and modules. ReneSola's shares are currently traded on the New York Stock Exchange and the AIM of the London Stock Exchange (AIM: SOLA.L). For more information about ReneSola, please visit http://www.renesola.com/ .

    For investor and media inquiries, please contact: In China: Mr. Charles Bai ReneSola Ltd Tel: +86-573-8477-3061 Email: charles.bai@renesola.com Mr. Derek Mitchell Ogilvy Public Relations Worldwide (Beijing) Tel: +86-10-8520-6284 Email: derek.mitchell@ogilvy.com In the United States: Mr. Jeremy Bridgman Ogilvy Public Relations Worldwide (New York) Tel: +1-212-880-5363 Email: jeremy.bridgman@ogilvypr.com In the UK: Mr. Tim Feather Hanson Westhouse Limited Tel: +44-20-7601-6100 Email: tim.feather@hansonwesthouse.com

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080506/CNTU030
    PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840 ReneSola Ltd

    CONTACT: In China: Mr. Charles Bai of ReneSola Ltd, +86-573-8477-3061,
    or charles.bai@renesola.com; Or Mr. Derek Mitchell of Ogilvy Public Relations
    Worldwide (Beijing), +86-10-8520-6284, or derek.mitchell@ogilvy.com; Or In the
    United States: Mr. Jeremy Bridgman of Ogilvy Public Relations Worldwide (New
    York), +1-212-880-5363, or jeremy.bridgman@ogilvypr.com; Or In the UK: Mr. Tim
    Feather of Hanson Westhouse Limited, +44-20-7601-6100, or
    tim.feather@hansonwesthouse.com




    CGGVeritas: Information Related to the Availability of the Document de Reference and 20-F Report for 2007

    PARIS, May 6 /PRNewswire-FirstCall/ -- CGGVeritas (Euronext Paris and NYSE: CGV) announces that its Document de reference and 20-F report for 2007 were filed with the Autorite des Marches Financiers (AMF) and the SEC on April 23, 2008 respectively.

    Both documents are available to the public under the conditions provided by law.

    They are also available on the Company's website (http://www.cggveritas.com/) under the Investors/AMF information section as well as on the AMF website for the Document de reference (http://www.amf-france.org/) and the SEC website for the 20-F report (http://www.sec.gov/).

    The following information is included in the Document de reference: - the information related to auditors' fees paid during fiscal year 2007; - the description of the share buyback program provided under article 241-2 of the Reglement General of the AMF; - the special report on the share buyback program provided under article L.225-209 of the French Commercial Code; - the report of the Chairman on internal control procedures and the auditors' reports related thereto; - the annual financial report mentioned under article L.451-1-2 of the French Code Monetaire et Financier; and - the document containing all information made public over the twelve previous months (article 222-7 of the Reglement General of the AMF).

    Our audited financial statements for fiscal year 2007 are also included in the Document de reference and the 20-F report, filed with the AMF and the SEC on April 23, 2008. A printed copy of these documents is available upon request, free of charge, if you call our Investor Relations Department at: +33-1-64-47-38-31, or send an email to invrelparis@cggveritas.com or invrelhouston@cggveritas.com or write to: CGGVeritas - Investor Relations Department - Tour Maine Montparnasse, 33 avenue du Maine, 75015 Paris, France.

    About CGGVeritas:

    CGGVeritas (http://www.cggveritas.com/) is a leading international pure-play geophysical company delivering a wide range of technologies, services and equipment through Sercel, to its broad base of customers mainly throughout the global oil and gas industry.

    CGGVeritas is listed on the Eurolist of Euronext Paris SA (ISIN: 0000120164) and the New York Stock Exchange (in the form of American Depositary Shares, NYSE: CGV).

    Contacts:

    Corporate Legal Affairs Tour Maine Montparnasse, 33 avenue du Maine - 75015 Paris, France, +33-1-64-47-37-42

    CGGVeritas

    CONTACT: Contacts: Corporate Legal Affairs Tour Maine Montparnasse, 33
    avenue du Maine - 75015 Paris, France, +33-1-64-47-37-42




    Cellcom Israel Schedules First Quarter 2008 Results Release for May 14, 2008Conference Call Scheduled for May 14, 2008 at 8:30am ET

    NETANYA, Israel, May 6 /PRNewswire-FirstCall/ -- Cellcom Israel Ltd. (hereinafter: the "Company") announced today that it will be releasing its financial results for the first quarter 2008 on Wednesday, May 14, 2008, before the US markets open.

    The Company will be hosting a conference call later that day, at 8:30am ET. On the call, management will review and discuss the results and will be available to answer questions.

    To participate, please call one of the following teleconferencing numbers. Please begin placing your calls at least 10 minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.

    US Dial-in Number: 1-888-668-9141 UK Dial-in Number: 0-800-917-5108 ISRAEL Dial-in Number: 03-918-0691 International Dial-in Number: +972-3-918-0691 at: 8:30 am Eastern Time; 5:30 am Pacific Time; 1:30 pm UK Time; 3:30 pm Israel Time

    The conference will be broadcast live on the investor relations section of the Company's website: http://investors.ircellcom.co.il/. After the call, a replay of the call will be available under the same investor relations section.

    About Cellcom Israel

    Cellcom Israel Ltd., established in 1994, is the leading Israeli cellular provider; Cellcom Israel provides its 3.073 million subscribers (as at December 31, 2007) with a broad range of value added services including cellular and landline telephony, roaming services for tourists in Israel and for its subscribers abroad and additional services in the areas of music, video, mobile office etc., based on Cellcom Israel's technologically advanced infrastructure. The Company operates an HSPA 3.5 Generation network enabling the fastest high speed content transmission available in the world, in addition to GSM/GPRS/EDGE and TDMA networks. Cellcom Israel offers Israel's broadest and largest customer service infrastructure including telephone customer service centers, retail stores, and service and sale centers, distributed nationwide. Through its broad customer service network Cellcom Israel offers its customers technical support, account information, direct to the door parcel services, internet and fax services, dedicated centers for the hearing impaired, etc. In April 2006 Cellcom Israel, through Cellcom Fixed Line Communications L.P., a limited partnership wholly-owned by Cellcom Israel, became the first cellular operator to be granted a special general license for the provision of landline telephone communication services in Israel, in addition to data communication services. Cellcom Israel's shares are traded both on the New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL).

    For additional information please visit the Company's website http://investors.ircellcom.co.il/

    Company Contact Investor Relations Contact Shiri Israeli Ehud Helft / Ed Job Investor Relations Coordinator CCGK Investor Relations investors@cellcom.co.il ehud@gkir.com / ed.job@ccgir.com Tel: +972-52-998-9755 Tel: (US) +1-866-704-6710 / +1-646-213-1914

    Cellcom Israel Ltd.

    CONTACT: Company Contact: Shiri Israeli, Investor Relations
    Coordinator, CCGK Investor Relations, investors@cellcom.co.il, Tel:
    +972-52-998-9755; Investor Relations Contact: Ehud Helft / Ed Job,
    ehud@gkir.com / ed.job@ccgir.com, Tel: (US) +1-866-704-6710 / +1-646-213-1914




    Numerex Reports First Quarter 2008 Financial Results63% rise in wireless M2M connections drive 55% year- over- year network revenue growth

    ATLANTA, May 6 /PRNewswire-FirstCall/ -- Numerex Corp. , a leading provider of full-service, highly secure machine-to-machine (M2M) network services and solutions, today announced financial results for the first quarter of 2008 reporting a net loss of $218,000, or $0.02 per basic and diluted share. This compares to net earnings of $427,000 or $0.03 per basic and diluted share for the comparable period in 2007. Net earnings for the first quarter of 2008 excluding non-cash stock based compensation ("non-GAAP" earnings) was $75,000 compared to $600,000 for the same quarter in 2007 using the equivalent non-GAAP earnings measurement. Basic and diluted earnings per share using non-GAAP earnings would have been $0.01 for the first quarter of 2008. All non-GAAP information is reconciled in the Non-GAAP Condensed Consolidated Statement of Operations table attached.

    Net revenues in the first quarter of 2008 were $20.5 million compared to $14.2 million reported for the same quarter last year, representing 44% year- over-year growth. This strong revenue performance was attributable to the Company's core M2M business, which generated $19.6 million compared to $12.9 million for the first quarter of 2007, representing an increase of 52%. The Company's wireless security division generated better than expected results driven primarily by the continued robust activity surrounding a major transition from analog to digital technology. The M2M Networks and Technology Group also generated better than expected network connections for the quarter, a direct result of increased demand for its network services and radio modules. Wireless M2M comprised over 95% of the Company's total revenues for the quarter with the balance of the Company's total revenues derived from its Digital Multimedia and Networking Group.

    Key financial results for the first quarter of 2008 and 2007 are as follows:

    Three Months Ended March 31, 2008 2007 Revenues (millions) $20.5 $14.2 Non-GAAP earnings (millions) $0.1 $0.6 Non-GAAP EPS $0.01 $0.05 Net earnings (loss) (millions) $(0.22) $0.43 Net EPS $(0.02) $0.03

    "Our M2M business continues to experience strong organic growth across the board," said Stratton Nicolaides, Numerex chairperson and CEO. "We are particularly pleased with the performance of our Network and Technology Group which, year-over-year, generated 55% growth in network revenue and 63% growth in connections. We view these two metrics as the cornerstone of our business model and our performance during the quarter exceeded expectations. We faced two noteworthy challenges during the quarter which were the continued analog to digital transition, which went better than expected, and our satellite division's adapting its solutions to the enterprise markets. What is particularly impressive is that less than two years ago, we only had a handful of digital network connections with the overwhelming bulk of our wireless M2M service revenues generated by customers who used our analog networks. Today, we have now achieved a complete reversal while doubling our connection base to over 500,000 digital connections. We expect the growth trends in network connections and related network services will continue throughout the year."

    While the Company's organic M2M business exhibited strong results, the loss for the first quarter of 2008 is primarily attributable to the recently acquired satellite solutions business, which recorded a pre-tax loss of over $750,000. Although existing opportunities in the government and emergency services sectors have improved, transitioning the satellite solutions business to enterprise markets has taken longer than expected. The Company is in the process of analyzing a re-alignment of products, markets and distribution channels, and evaluating the division's management in order to improve execution to bring performance back into line with expectations. As a result of these anticipated actions and the recognition of deferred revenue in later quarters of the year, the first quarter 2008 satellite solutions loss is not expected to be indicative of the results for the full year.

    Gross margins for the first quarter of 2008 were 31.6% percent compared to 37.9% for the comparable period in 2007 and 35.1% for the fourth quarter of 2007. The year-over-year decline in gross margins is due to the adoption of a revised pricing model in the wireless security unit to secure network connections and long term recurring revenues at the expense of short term hardware margins. As a result, hardware margins declined to less than 11% in the first quarter of 2008 from 18% in the same quarter last year. The sequential quarterly decline in gross margins results from the expected proportional increase in hardware revenues, which has a lower overall gross margin as a percentage of total revenues.

    Operating expenses were $6.4 million for the current quarter compared to $4.5 million during the first quarter of 2007 and $6.2 million for the fourth quarter of 2007. Operating expenses increased year-over-year primarily due to both the acquisition of the satellite business as well as increases in head count and marketing costs. The satellite M2M unit operating expenses were $1.2 million the first quarter of 2008, which include legal fees associated with an action filed by the division's former manager, more fully described in the Company's SEC filings. Organic operating expenses increased by $651,000 when comparing the first quarter of 2008 with the same quarter last year. Six of the seven net new hires during this quarter were sales or marketing employees and part of the increase reflects higher salary and commission payments. In addition, the Company finished a complete re-branding and promotional exercise in the first quarter of 2008 resulting in additional marketing expenses. Finally, in accordance with Financial Accounting Standard No. 123, the Company recorded non-cash stock option compensation costs of $293, 000 in the first quarter of 2008 compared to $173,000 in the same quarter in 2007.

    Excluding the satellite M2M unit, operating expenses for the first quarter of 2008 were almost $200,000 lower than the fourth quarter of 2007. These savings primarily resulted from lower Sarbanes-Oxley and tax compliance costs partially offset by higher marketing expenses. Satellite M2M unit operating expenses increased $459,000 compared to the prior sequential quarter mainly driven by higher than expected legal expenses.

    The Company's balance sheet remains strong with $6.8 million in cash and $17.9 million in working capital. The current ratio as of March 31, 2008 was 1.9 to 1. Shareholder's equity increased to $48.7 million compared to $46.9 as of December 31, 2007.

    Mr. Nicolaides concluded, "We will continue to trade off hardware margin in our quest to increase our network connections and related recurring service revenue. Currently, in spite of a difficult economy, we see a strong pipeline of business that we expect will translate into continued future growth. As a result, we continue to support our initial wireless M2M revenue growth guidance of 30 to 40 percent for the full year."

    Conference Call and Web cast Information

    Numerex will conduct a conference call on May 6th at 11:00 A.M., Eastern Daylight Time, accessible by calling (866) 548-2699 in the U.S. and Canada, or (904) 596-2360 for international. A live web cast of the call will also be available via Numerex web site at http://www.numerex.com/, under the Investor Relations section. A replay of the conference call will be available on Numerex web site beginning two hours after the call.

    About Numerex

    Numerex Corp. offers the broadest choice of secure machine-to-machine (M2M) network services and solutions. Numerex delivers a depth of expertise and excellence through its M2M service platforms - Networx, Techworx, and Flexworx - that leading companies choose to power their M2M solutions. Numerex is the first M2M Company in North American to carry ISO/IEC 27001:2005 certification - ISO's highest information security benchmark to ensure data integrity and security. The Company offers its M2M products and services through a variety brands including Uplink and Orbit One. Numerex is headquartered in Atlanta, Georgia. For additional information, visit http://www.numerex.com/

    This press release contains, and other statements may contain, forward- looking statements with respect to Numerex future financial or business performance, conditions or strategies and other financial and business matters, including expectations regarding growth trends and activities in the wireless data business. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "anticipate," "intend," "estimate," "assume," "strategy," "plan," "outlook," "outcome," "continue," "remain," "trend," and variations of such words and similar expressions, or future or conditional verbs such as "will," "would," "should," "could," "may," or similar expressions. Numerex cautions that these forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. These forward-looking statements speak only as of the date of this press release, and Numerex assumes no duty to update forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements and future results could differ materially from historical performance.

    The following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: our inability to reposition our platform to capture greater recurring service revenues, difficulties associated with integrating Orbit One's business, the risks that a substantial portion of Orbit One's revenues are derived from government contracts that may be terminated by the government at any time, variations in quarterly operating results, delays in the development, introduction, integration and marketing of new wireless services; customer acceptance of services; economic conditions; changes in financial and capital markets; the inability to attain revenue and earnings growth in our wireless data business; changes in interest rates; inflation; the introduction, withdrawal, success and timing of business initiatives and strategies; competitive conditions; the inability to realize revenue enhancements; and extent and timing of technological changes. Numerex SEC reports identify additional factors that can affect forward-looking statements.

    Numerex Corp. Contact: Alan Catherall 770 485-2527 Investor Relations Contact: Brett Maas 646 536-7331 Numerex Corp. Condensed Consolidated Statement of Operations (In thousands, except per share data) (Unaudited) Three Months Ended March 31, 2008 2007 Change % Change Net sales: Hardware $13,624 $9,274 $4,350 47% Service 6,832 4,911 1,921 39% Total net sales 20,456 14,185 6,271 44% Cost of hardware sales 12,162 7,609 4,553 60% Cost of services 1,839 1,204 615 50% Gross Profit 6,455 5,372 1,103 21% 31.6% 37.9% Selling, general, and administrative expenses 5,015 3,613 1,402 39% Research and development expenses 530 288 242 84% Bad Debt Expense 138 86 52 60% Depreciation and amortization 751 489 282 60% Operating earnings 21 896 (875) -98% Interest expense (403) (146) (257) nm Other income (2) (9) 7 nm Earnings (loss) before tax (384) 741 (1,125) nm Provision (benefit) for income tax (166) 314 (480) nm Net earnings (loss) $(218) $427 $(645) -151% Basic earnings per common share $(0.02) $0.03 Diluted earnings per common share $(0.02) $0.03 Number of shares used in per share calculation Basic 13,725 13,006 Diluted 13,725 13,608 Numerex Corp. Supplemental Sales Information (in thousands) (Unaudited) Three Months Ended March 31, Net Sales: 2008 2007 Change Wireless Data Communications Hardware $13,421 $8,913 $4,508 Service 6,133 3,956 2,177 Subtotal 19,554 12,869 6,685 Digital Multimedia, Networking and Wireline Security Hardware 202 361 (159) Service 700 955 (255) Subtotal 902 1,316 (414) Total Hardware 13,623 9,274 4,349 Service 6,833 4,911 1,921 Total net sales 20,456 14,185 6,271 Numerex Corp. Condensed Consolidated Statement of Operations (In thousands, except per share data) (Unaudited) Three Months Ended Three Months Ended March 31, 2008 March 31, 2007 GAAP Adjust- Non-GAAP GAAP Adjust- Non-GAAP Results ments Results Results ments Results Net sales: Hardware $13,624 $13,624 $9,274 $9,274 Service 6,832 6,832 4,911 4,911 Total net sales 20,456 20,456 14,185 14,185 Cost of hardware sales 12,162 12,162 7,609 7,609 Cost of services 1,839 1,839 1,204 1,203 Gross Profit 6,455 - 6,455 5,372 - 5,373 31.6% 31.6% 37.9% 37.9% Selling, general, and administrative expenses 5,015 (293) 4,722 3,613 (173) 3,440 Research and development expenses 530 530 288 288 Bad debt expense 138 138 86 86 Earnings before interest, depreciation and amortization 772 293 1,065 1,385 173 1,559 Depreciation and amortization 751 751 489 490 Operating earnings 21 293 314 896 173 1,069 Interest expense (403) (403) (146) (146) Other income (2) (2) (9) (9) Earnings (loss) before income tax (384) 293 (91) 741 173 914 Provision (benefit) for income tax (166) (166) 314 314 Net earnings (loss) $(218) $293 $75 $427 $173 $600 Basic earnings (loss) per common share $(0.02) $0.01 $0.03 $0.05 Diluted earnings (loss) per common share $(0.02) $0.01 $0.03 $0.04 Number of shares used in per share calculation Basic 13,725 13,725 13,006 13,006 Diluted 13,725 13,725 13,608 13,608 (a) These Unaudited non-GAAP Consolidated Statements of Operations are for informational purposes only and are not presented in accordance with GAAP. The adjustments necessary to provide a direct reconciliation of the non-GAAP to the GAAP Statement of Operations exclude stock option expense. NUMEREX CORP. CONDENSED CONSOLIDATED BALANCE SHEET (In thousands, except share information) March 31, December 31, 2008 2007 (unaudited) ASSETS CURRENT ASSETS Cash and cash equivalents $6,788 $7,425 Accounts receivable, less allowance for doubtful accounts of $1,239 at March 31, 2008 and $1,282 at December 31, 2007: 17,158 16,396 Inventory 10,406 10,059 Prepaid expenses and other current assets 2,591 1,885 Deferred tax asset - current 770 770 TOTAL CURRENT ASSETS 37,713 36,535 Property and Equipment, Net 2,007 2,003 Goodwill, Net 26,065 22,603 Other Intangibles, Net 6,733 6,940 Software, Net 3,435 3,486 Other Assets - long term 465 526 Deferred tax asset - long term 2,162 2,005 TOTAL ASSETS $78,580 $74,098 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable $11,763 $10,299 Other current liabilities 2,071 2,312 Note payable, current 2,568 2,568 Deferred revenues 3,390 1,328 Obligations under capital leases, current portion 45 44 TOTAL CURRENT LIABILITIES 19,837 16,550 LONG TERM LIABILITIES Obligations under capital leases and other long term liabilities 464 486 Note Payable 9,554 10,197 TOTAL LONG TERM LIABILITIES 10,018 10,683 SHAREHOLDERS' EQUITY Preferred stock - no par value; authorized 3,000,000; none issued - - Class A common stock - no par value; authorized 30,000,000; issued 14,917,305 shares at March 31, 2008 and 14,706,101 shares at December 31, 2007 49,229 47,455 Additional paid-in-capital 3,721 3,427 Treasury stock, at cost, 1,184,900 shares on March 31, 2008 and December 31, 2007 (5,053) (5,053) Class B common stock - no par value; authorized 5,000,000; none issued - - Accumulated other comprehensive income (loss) 4 (6) Accumulated earnings 824 1,042 TOTAL SHAREHOLDERS' EQUITY 48,725 46,865 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $78,580 $74,098

    Numerex Corp.

    CONTACT: Alan Catherall, Numerex Corp., +1-770-485-2527; for Investor
    Relations: Brett Maas, +1-646-536-7331

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




    Nokia Announces Finalists for the Mobile Filmmaking AwardsMobile Short Videos Will be Seen on International Pangea Day Broadcast

    ESPOO, Finland and NEW YORK, May 6 /PRNewswire-FirstCall/ -- The wait is over. Nokia today announced the five finalists for the 2008 Nokia Mobile Filmmaking Awards which will be screened during the Pangea Day broadcast on May 10th. The winners will be flown to Los Angeles to attend one of Pangea Day's six live broadcast locations on Saturday, May 10th.

    Pangea Day was created by award-winning documentary filmmaker Jehane Noujaim after winning the prestigious 2006 TED Prize. Together, Noujaim and TED, with support from Nokia, have created Pangea Day to connect people by harnessing the power of film and encouraging people to view the world through someone else's eyes.

    The five finalists in the Nokia Mobile Filmmaking Awards competition, which ran from March 19 to April 30, in no particular order, are: Pier Bardoni for Cloud Running; Eduardo Cachucho for Game; Rupert Howe for Amazing Rainbows; Bob Calabritto for Smile; and Kayoom Mistry for Rounds All Around.

    Contestants uploaded their two-minute long entries for the competition to the Pangea Day channel at Share on Ovi, a free media sharing service that makes it easy to upload, manage and share personal media through mobile, desktop and other connected devices. Consumers who registered on the site voted to select the five finalists.

    All five finalists, chosen by online voting, will be flown to Los Angeles for the event. A panel of professional judges - including Jehane Noujaim, Dave Stewart and others - will review the videos prior to the broadcast and pick a winner, which will then be announced during the Pangea Day broadcast. In addition to the trip to the Los Angeles event, the winner will receive a mobile filmmaking trip of a lifetime to the Rwandan Gorilla Reserve and a production budget to record their trip.

    On May 10th, millions of people all over the world will come together to watch a 4-hour program of short films, coupled with talks from CNN's Christiane Amanpour and Queen Noor of Jordan, and with special musical guest. Through the Friends of Pangea Day page at http://www.pangeaday.org/events.php , anyone, anywhere can sign up and host their own Pangea Day event or attend an event in their local community.

    Though submissions for the 2008 Nokia Mobile Filmmaking Awards have closed, images and films will live on at http://www.ovi.com/pangeaday where you can continue to share your experiences about this special day.

    For more information about the Pangea Day and the 2008 Nokia Mobile Filmmaking Awards, visit http://www.ovi.com/pangeaday.

    About Nokia

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

    About Pangea Day

    Pangea Day taps the power of film to strengthen tolerance and empathy while uniting millions of people to build a better future. Created by award-winning documentary filmmaker Jehane Noujaim in collaboration with the TED Conferences after she won the prestigious TED Prize, Pangea Day's mission is to create a worldwide network of caring and concerned citizens who will make a difference. Visit http://www.pangeaday.org/ for more information.

    http://www.nokia.com/

    Nokia Corporation

    CONTACT: Media Enquiries: Nokia, Communications, Tel: +358-7180-34435,
    Tel: +358-7180-34900, Email: press.services@nokia.com; Pangea Day, Laura
    Galloway, Galloway Media Group, Tel: +1-212-260-3708, Email:
    laura@gallowaymediagroup.com




    Premier Farnell Group Announces Live EDGE 2008, its International $100,000 USD Challenge in Support of Green Design

    LONDON and CHICAGO, May 6 /PRNewswire-FirstCall/ -- - Trees Planted World-Wide to Celebrate Launch of This Year's Challenge Which Includes a Second Category for Students

    Premier Farnell plc , the leading multi-channel, high service distributor and its companies (Newark, Farnell, Premier Electronics, CPC, Farnell-Newark and MCM) today launched its international competition Live Edge - Electronic Design for the Global Environment, now in its second year. The competition is designed to provide a forum where electronic design engineers and students can design products that are environmentally friendly through the use of electronic components.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20080506/303579 )

    Registration for news, updates and activities begins on 6th of May 2008 via the Live EDGE website http://www.live-edge.com/ or on the Live EDGE Design Challenge group on Facebook. The Live EDGE website will soon feature social networking tools, and a leading edge community forum in the near future for engineers to share and develop ideas.

    Entries can be submitted between 1st October 2008 and 31st January 2009. Judging will start on the 1st of February 2009 and winners will be announced on the 2nd of April 2009. The competition is open to anyone aged 18 or over.

    Electronics engineers, students and inventors around the world are invited to submit designs for an innovative product that utilises electronic components and has a positive impact on the environment, for example by increasing energy efficiency or reducing carbon emissions. Full details are available at: http://www.live-edge.com/.

    The winning entrant for both the full-time student and the general/open category will receive a cash prize of $25,000 USD as well as a design support package valued at an additional $25,000 USD to move their design towards production. The support package will include the services of an electronic design consultancy to help develop the design to prototype stage, assistance with legal matters and IP registration, some marketing and publicity, as well as Premier Farnell's help in securing investment funding. The group will actively market the end product to millions of customers globally through their leading edge website, catalogue and direct marketing.

    In addition, up to 3 entrants for the full-time student category and 3 entrants for the general/open category will be eligible for 'honourable mentions', each receiving a cash prize of $5,000 USD.

    A prestigious and influential panel of judges from around the world will be announced in June 2008. It will feature a mix of innovators, engineers, entrepreneurs, academics, industry leaders and environmental campaigners; it will be chaired by Sir Peter Gershon, who chaired last year's event, and he will be joined by John Noble, last year's winner from Malaysia who is enjoying Premier Farnell's support currently to take his unique energy saving product to market.

    Reflecting the environmentally friendly theme of the competition, Live EDGE will be largely web-based to avoid international travel and transportation. For example, the judges will confer online and it will be possible to view the award ceremony from the competition website.

    "The Earth is facing environmental threats on an unprecedented scale and by unleashing the creativity that exists within the electronics industry, we can make a positive difference to these global challenges," said Harriet Green, CEO of Premier Farnell, plc. "Our first ever Live EDGE had over 3,500 registrants from over 102 countries last year, providing electronics design engineers the opportunity to have a true impact on our future and see their vision become a reality. We have listened to the feedback from last year's entrants and believe this year's challenge will be even better as a consequence, particularly by embracing the enormous role that universities and today's students will play in our future. Live EDGE has truly become a unique design challenge for the world as we see our future in the designs of our electronic design engineers."

    About Premier Farnell

    Premier Farnell plc is a leading high service, multi-channel distributor of electronic, maintenance, repair and operation products and specialist services throughout Europe, the Americas and Asia Pacific.

    While global in scope, Premier Farnell recognizes the individual needs of each market and has continued to internationalize its model accordingly, trading locally under different brand names. Its primary electronics businesses trade as Farnell in the UK, Europe, India, Australia and New Zealand, Newark in the US, Canada and Mexico, and Premier Electronics in Greater China. In Singapore, Malaysia, and Brazil the operation is known as Farnell Newark. For more information visit http://www.premierfarnell.com/

    Jenny Peters Premier Farnell plc, and Asia Tel: +44(0)207-851-4102 Email: jpeters@premierfarnell.com Web: http://www.premierfarnell.com/ Janice Fleisher Newark The Americas Tel: +1-773-907-5941 Email: jfleisher@newark.com Kate Robson Farnell Europe Tel: +44(0)133-387-5110 Email: krobson@farnell.com Issued by: Jonathan Roberts Pinnacle Marketing Communications Ltd, Tel: +44(0)208-869-9339 Email: jonathan@pinnaclemarcom.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20080506/303579 Premier Farnell plc

    CONTACT: Jenny Peters, Premier Farnell plc, and Asia, Tel:
    +44(0)207-851-4102, Email: jpeters@premierfarnell.com; Janice Fleisher,
    Newark, The Americas, Tel: +1-773-907-5941, Email: jfleisher@newark.com; Kate
    Robson, Farnell, Europe, Tel: +44(0)133-387-5110, Email: krobson@farnell.com;
    Issued by: Jonathan Roberts, Pinnacle Marketing Communications Ltd, Tel:
    +44(0)208-869-9339, Email: jonathan@pinnaclemarcom.com




    Hostopia to acquire certain shared hosting customer assets of Tucows Retail Service GroupDrives incremental growth for Hostopia as Tucows focuses its retail operations on email and online identity

    TORONTO, May 6 /PRNewswire-FirstCall/ -- Tucows Inc. and Hostopia.com, Inc. (TSX: H) yesterday signed a definitive agreement for Hostopia to purchase certain of Tucows' shared hosting customer assets including approximately 14,000 Domain Direct, NetIdentity and ItsYourDomain.com (IYD) customer accounts.

    Hostopia will pay US$1.6 million in cash for these assets, with adjustments made on closing. This amount is payable 20% on signing of the agreement and 80% upon the closing of the transaction, which is scheduled to occur on May 15, 2008. The companies plan to migrate these accounts to Hostopia's unified web service platform by July 2008.

    "I am confident these shared hosting customers will enjoy quality service and support with Hostopia directly," said Elliot Noss, President and CEO, Tucows. "This move is the first part of a strategy to reposition our retail business to help individuals and small businesses build their identities online."

    "We are very pleased to have concluded this transaction. We are already hosting some of the Tucows Retail Service Group's users so the impact on customers should be minimal," said Colin Campbell, CEO, Hostopia. "Our plan is to provide customers with numerous upgrades and additional value-added services to earn their loyalty and continued business. Traditional web hosting is fast evolving to the SaaS (software as a service) model and Hostopia is perfectly positioned to offer these services to these customers."

    The companies indicated that accounts involved in the transaction will continue to be served under the familiar Domain Direct brand, which will operate as a managed service by Hostopia.

    About Tucows

    Tucows provides Internet services for web hosting companies and ISPs. Through its global network of over 9,000 service providers it provides millions of email boxes and manages over eight million domains. Tucows is an accredited registrar with ICANN (the Internet Corporation for Assigned Names and Numbers). Tucows holds a domain name portfolio of approximately 150,000 domain names that are available for sale, monetized through advertising and support our wholesale Personal Names Service. Our Retail division sells Tucows services to consumers and small business owners through Domain Direct, ItsYourDomain.com and NetIdentity. Tucows.com remains one of the most popular software download sites on the Internet. For more information please visit: http://about.tucows.com/.

    This release may contain forward-looking statements, relating to the Company's operations or to the environment in which it operates, which are based on Tucows Inc.'s operations, estimates, forecasts and projections. These statements are not guarantees of future performance and are subject to important risks, uncertainties and assumptions concerning future conditions that may ultimately prove to be inaccurate or differ materially from actual future events or results. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, investors should not place undue reliance on these forward-looking statements, which are based on Tucows Inc.'s current expectations, estimates, projections, beliefs and assumptions. These forward-looking statements speak only as of the date of this release and are based upon the information available to Tucows Inc. at this time. Tucows Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Tucows Inc.

    CONTACT: Leona Hobbs, Director of Communications, Tucows Inc., (416)
    538-5450, lhobbs@tucows.com




    UCN inContact Enables 25% Average Monthly Call Volume Growth for RNs On-Call for Past Two YearsInnovative Business Model and Virtual Call Center Boosted by inContact(R) Flexibility

    SALT LAKE CITY and GREENSBORO, N.C., May 6 /PRNewswire-FirstCall/ -- UCN , innovator of hosted contact center communication systems, reported that Greensboro, North Carolina-based RNs On-Call, a virtual provider of telehealth support services for physicians, is using the UCN inContact(R) ACD solution to achieve over 25% month-over-month increases in the number of customer calls handled by the company's registered nurses during the past two years.

    Founded in April 2006, RNs On-Call provides 24/7/365 virtual call center patient support services for physicians in more than 150 languages through its rapidly-growing workforce of at-home registered nurses. To improve the continuity of patient care and meet the accelerating needs of physicians, RNs On-Call utilizes inContact to automatically route calls from a physician's office to RNs On-Call nurses during nights, weekends or anytime physicians need support throughout the day.

    The use of inContact technology helped RNs On-Call to become one of 10 finalists for the Fifth Annual Dell/NFIB (National Federation of Independent Business) Small Business Excellence Award. Referring to RNs On-Call and other finalists, Frank Muehleman, vice president and general manager of Dell small and medium business said, "The number one reason small businesses use technology is to better serve customers. [RNs On-Call] is applying technology in innovative ways to break new ground and raise the bar."

    According to Edwin "Tuck" Corvinus, president & CEO of RNs On-Call, "With inContact we can provide services like any large hospital call center without buying any equipment or hiring a large IT staff to run it. That's an exceptional thing for a rapidly growing virtual company InContact allowed us to shorten our development time from years to months. We have been able to mold inContact to our needs from the get-go, which demonstrated how this is an extremely flexible and powerful system."

    Through the RNs On-Call inContact solution, doctors are freed to enjoy to enjoy more family and personal time, since more than 90 percent of cases are successfully managed without involving a doctor. Patients also benefit, since they can receive quick and direct access to healthcare information without leaving a message on an answering service. And nurses enjoy the benefit of working outside of what Corvinus calls an "increasingly stressful" clinic or hospital environment. Though the specific number of nurses involved in RNs On- Call is proprietary information, Corvinus credits the inContact-powered telehealth solution with providing RNs On-Call a healthy supply of nursing talent and notably in a time of a national nursing shortage.

    Said UCN CEO Paul Jarman, "RNs On-Call exemplifies how inContact drives improved agent and customer satisfaction with the at-home work option and efficiencies in call routing. We're seeing a pattern of small to mid-size companies turning to inContact as a cost-effective means to manage their call center communication needs, especially those with multi-site locations and at- home agents."

    Added Corvinus: "Healthcare is increasingly becoming a 24/7 operation and many doctors are turning to our services to reduce their workload, overhead and administrative responsibilities. Our ability to manage this rapid growth has been strengthened substantially by inContact's call flow automation and management, strong virtual call center capabilities, and intuitive programming and IVR controls."

    "InContact enables us to utilize the latest and finest telecommunications technology to connect patients directly to our highly-qualified nurses," continued Corvinus. "This is truly a win-win-win situation for all."

    About UCN

    UCN is an innovator of software as a service (SaaS) applications for multi-site contact centers and distributed workforces. The UCN inContact(R) platform intelligently routes multi-media contacts to agents anywhere while improving management visibility, agent productivity and agent retention. UCN's patented software includes an enterprise-grade ACD with skills-based routing, IVR, speech recognition and CTI. Agent performance optimization features include customer experience surveys and agent scoring analysis, call monitoring, call recording, workforce scheduling and forecasting, hiring tools to reduce attrition, and targeted training delivered to the agent desktop. The inContact all-in-one on-demand platform delivers rapid application development tools for IT control, no capital expenditure, Fortune 500-compliant security, and a 24/7/365 managed network with carrier- grade redundancy. To learn more about UCN, visit http://www.ucn.net/.

    About RNs On-Call

    RNs On-Call ensures continuity of care for patients while improving quality of life. As an extension of the physician's practice, RNs On-Call's services allow the patient to receive quality after-hours care while physicians receive only those calls that require intervention by a provider. The management team has a unique breadth of experience in nursing, business management, and technology solutions. With over 100 years of combined experience, RNs On-Call has built a suite of services that sets the new benchmark in telehealth support. For more information, visit http://www.rnson-call.com/.

    Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the Company's behalf. All statements, other than statements of historical facts which address the Company's expectations of sources of capital or which express the Company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the Company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the Company, actual results may differ materially from the expectations expressed in the forward- looking statements. (For the complete statement, please click to: http://www.ucn.net/safeharbor.)

    UCN

    CONTACT: Aaron Glauser, Director of Communications of UCN,
    +1-801-320-3468, aaron.glauser@ucn.net; or Investors: Scott Liolios or Ron
    Both, both of Liolios Group Inc, +1-949-574-3860, info@liolios.com

    Web site: http://www.ucn.net/




    Telestone Technologies Corporation to Announce First Quarter 2008 Financial Results on May 14, 2008

    BEIJING, May 6 /Xinhua-PRNewswire-FirstCall/ -- Telestone Technologies Corporation Ltd. ("Telestone") , a leading developer and provider of wireless communication coverage solutions based in the People's Republic of China, today announced that it will release financial results for the quarter ended March 31, 2008 on May 14, 2008 following the close of US markets.

    Telestone's senior management team will host a conference call and audio webcast at 8:00 am U.S. Standard Eastern Time/5:00 am U.S. Pacific time/8:00 pm Beijing/Hong Kong time on May 15, 2008. The conference call will last for approximately one hour.

    U.S. callers please dial: +1 888 935 4577 European callers please dial: +44 (0)20 7806 1957 Asian callers please dial: +852 3002 1356 Passcode: 9418621 A replay will be available after the end of the call until May 20th. U.S. callers please dial: +1 718 354 1112 European callers please dial: +44 (0)20 7806 1970 Asian callers please dial: +852 3002 1607 Passcode: 9418621

    A live audio webcast of the conference call will also be available from the company's website at http://www.telestone.com/ .

    About Telestone Technologies Corporation

    Telestone provides wireless communications coverage solutions primarily in the PRC. These solutions include products such as repeaters, antennas and radio accessories. Telestone also provides services that include project design, project management, installation, maintenance and other after-sales services. Telestone currently has approximately 800 employees.

    Safe Harbor Statement

    Statements about Telestone's future expectations, including future revenue and earnings and all other statements in this press release, other than historical facts, are "forward-looking" statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time. The Telestone's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, Telestone undertakes no obligation to update forward-looking statements.

    For further information, please contact: Telestone Technologies Corporation Ltd. Fang Cui Tel: +86-10-8367-0088 x1202 Email: cuifang@telestone.com Nick Li Secretary of the Board Tel: +86-10-8367-0088 x1002 Email: nickl@telestone.com FD Beijing Julian Wilson Tel: +86-10-8591-1951 Email: Julian.Wilson@fd.com Peter Schmidt Tel: +86-10-8591-1953 Email: peter.schmidt@fd.com

    Telestone Technologies Corporation

    CONTACT: Telestone Technologies Corporation Ltd., - Fang Cui, +86-10-
    8367-0088 x1202, or cuifang@telestone.com; Nick Li, Secretary of the Board,
    +86-10-8367-0088 x1002, or nickl@telestone.com; or FD Beijing - Julian Wilson,
    +86-10-8591-1951, or Julian.Wilson@fd.com; or Peter Schmidt, +86-10-8591-1953,
    or peter.schmidt@fd.com

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

    page 1     page 2     page 3     page 4     page 5     page 6     page 7    

    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