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Companies news of 2008-05-08 (page 3)

  • J.D. Power and Associates Reports: Customer Satisfaction with the Wireless Retail Sales...
  • Supermicro Surpasses US$2 Billion in Cumulative Revenue Since Founding
  • Macmillan/McGraw-Hill Introduces New K-6 Spanish Reading Program, Tesoros de...
  • Overstock.com Appears on '13-day' Regulation SHO Threshold List for 800 Trading...
  • NetSuite and NetSuite's CRM Software Selected by ISM as Winners of SMB Software AwardFor...
  • Energy Focus, Inc. to Present at 4th Annual Merriman CleanTech Conference in New York
  • SoftBrands Extends Partnership With SAP to Include Common Strategy for Small Sites of...
  • CIC and 4Point Partner to Provide Enhanced Solutions for the Financial Services...
  • NextIO Standardizes on VMM Methodology and Synopsys VCS for Next-Generation I/O...
  • Chenango County Residents to Benefit From Verizon Wireless Network ExpansionInvesting to...
  • Lexmark X560n garners more accolades with Buyers Lab Highly Recommended rating
  • Lexmark to participate in 36th Annual JPMorgan Technology Conference
  • Tyco Declares Regular Quarterly Dividend
  • CACI Awarded $134 Million Contract to Support Military Sealift CommandCompany to Continue...
  • CVF Technologies Corporation's Holding - BIOREM Announces Promising First Quarter Results...
  • Vonage Holdings Corp. Reports First Quarter 2008 Results- First Quarter Revenue Grows 15%...
  • Verizon Wireless Introduces the Chic Samsung Glyde(TM)Sleek Messaging Phone Features an...
  • Audiovox Expands Mexico FacilityNew office better situated to accommodate Company's...
  • PASSUR Aerospace, Inc. Announces New Stock Symbol: PSSR
  • Medialink to Report First Quarter 2008 Results on May 15
  • Boston Scientific Announces FDA Approval of New Family of Advanced Pacemakers
  • CSC Ranks in Top 10 of Military Spouse Magazine's List of 'Military Spouse Friendly...
  • VIASPACE Energy Initiates Global Distribution of Battery Electrode Health Analyzer Product...
  • 51job, Inc. Schedules First Quarter 2008 Earnings Release and Conference Call on May 13,...
  • Energy Focus, Inc. Reports First Quarter 2008 Results
  • IDO Security Announces Worldwide Commercial Availability of MagShoe Shoe-Scanning Security...
  • 8x8 Announces Lower International Calling Rates and New Virtual Numbers in MexicoCalls to...
  • Verizon Business Broadens Efforts to Help Iraq-Based Troops Connect With Families at...
  • Webcast Alert: Longtop Financial Technlogies Limited Q4 and Full Year Earnings Call for...
  • Hughes Affirms Market Leadership Surpassing 400,000 Consumer and Small Business Satellite...



    J.D. Power and Associates Reports: Customer Satisfaction with the Wireless Retail Sales Experience Decreases Due to Issues with Product Information and Promotional IncentivesT-Mobile Ranks Highest in Wireless Retail Sales Satisfaction

    WESTLAKE VILLAGE, Calif., May 8 /PRNewswire/ -- Overall customer satisfaction with the wireless retail sales experience has steadily decreased since 2006, driven in large part by dissatisfaction with product information and promotional incentives, according to the J.D. Power and Associates 2008 Wireless Retail Sales Satisfaction Study(SM)-Volume 1 released today.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20050527/LAF028LOGO-a)

    Now in its fifth year, the semi-annual study analyzes evaluations from customers who recently had a wireless retail sales experience. Overall customer satisfaction with major wireless carrier-branded stores is based on four factors. In order of importance, they are: sales staff (51%); store display (17%); store facility (16%); and price/promotion (16%).

    The study finds that overall satisfaction with the wireless retail sales experience has reached its lowest level since 2005, and has declined to 699 points on a 1,000-point scale in 2008 -- down 10 points from the last reporting period (Volume 2 released in October 2007) and down 17 points since May 2007.

    "Changes in the wireless service industry, such as an increase in the number of new products and services, have made it difficult for carriers to maintain the same level of customer satisfaction since the inaugural study in 2004," said Kirk Parsons, senior director of wireless services at J.D. Power and Associates. "Overall customer satisfaction with retail service has steadily declined as wireless service becomes increasingly widespread, and as products and services have evolved in complexity."

    The study also finds that while scores have declined in all four factors driving overall satisfaction, the most notable decreases occur in the store display and price/promotion factors. Customers are particularly dissatisfied with the rebates offered on phones and accessories, and with the availability of product and service information.

    "Within the past year, there have been a number of new product and service plan innovations where, in most cases, consumers need to be re-educated in terms of usage and price plan information," said Parsons. "The information and materials used to explain these new services need to be readily available and easy to understand in order for wireless carriers to meet and exceed customer expectations. Additionally, as providers match each other on price, they are using rebates and promotional offers to build traffic to their retail outlets. In doing so, it's important that rebates are received quickly and without any surprises."

    T-Mobile ranks highest in customer satisfaction among major wireless carrier-owned retail stores with a score of 716, performing particularly well in the sales staff and store display factors. Alltel (714) and Verizon Wireless (706), respectively, follow T-Mobile in the rankings.

    The study also finds the following key retail wireless sales transaction patterns:

    -- The average wireless retail sales transaction takes approximately 56 minutes to complete from the time the customer enters the store to the time the final paperwork is finished and the cell phone is received -- down nearly four minutes from the last reporting period. -- Among customers who visited a retail store in the past six months, more than 60 percent did so to purchase a new cell phone, while 65 percent upgraded or replaced an existing phone. Additionally, 11 percent of customers visited a wireless retail store to sign up for new service for the first time, marking a 4 percent decline from six months ago. -- Retail satisfaction is 15 percent lower among customers who report they were pressured during the sales process. The average overall satisfaction rating among customers who report experiencing no sales pressure is 721, compared with an average of just 610 among those who say they were pressured.

    Volume 1 of the 2008 Wireless Retail Sales Satisfaction Study is based on experiences reported by 6,634 wireless customers who completed a retail sales transaction within the past six months. The results are from the two most recent reporting waves, which were conducted in September 2007 and January 2008. Visit JDPower.com to view customer satisfaction ratings for wireless service and carrier performance, call quality, customer care, retail sales and mobile phone handsets.

    Overall Retail Sales Index Rankings (Based on a 1,000-point scale) Carrier Index J.D. Power.com Power Circle Ratings Score For Consumers T-Mobile 716 5 Alltel 714 5 Verizon Wireless 706 4 Industry Average 699 3 AT&T 693 3 Sprint Nextel 654 2 About J.D. Power and Associates

    Headquartered in Westlake Village, Calif., J.D. Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, training and customer satisfaction. The firm's quality and satisfaction measurements are based on responses from millions of consumers annually. For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.

    About The McGraw-Hill Companies

    Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2007 were $6.8 billion. Additional information is available at http://www.mcgraw-hill.com/.

    J.D. Power and Associates Media Contacts: John Tews Karla Tucker Troy, Mich. Troy, Mich. (248) 312-4119 (248) 312-4344 john.tews@jdpa.com karla.tucker@jdpa.com

    No advertising or other promotional use can be made of the information in this release without the express prior written consent of J.D. Power and Associates. http://www.jdpower.com/corporate

    Photo: http://www.newscom.com/cgi-bin/prnh/20050527/LAF028LOGO-a
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com J.D. Power and Associates

    CONTACT: John Tews, +1-248-312-4119, john.tews@jdpa.com, or Karla Tucker,
    +1-248-312-4344, karla.tucker@jdpa.com, both of J.D. Power and Associates

    Web site: http://www.jdpower.com/
    http://www.mcgraw-hill.com/




    Supermicro Surpasses US$2 Billion in Cumulative Revenue Since Founding

    SAN JOSE, California, May 8 /PRNewswire/ --

    - Application-Optimized Server Leader Celebrates Over 14 Consecutive Years of Profitability and Consistent Growth

    Super Micro Computer, Inc. (Nasdaq: SMCI), a leader in application-optimized, high performance server solutions, today announced that the company has surpassed the US$2 billion milestone in cumulative sales revenue since it was founded in 1993. Supermicro's annual growth rate during the last five fiscal years was several times faster than the server industry growth rate, as the company has consistently posted double-digit growth figures year after year.

    "With our annual run rate now over US$0.5 billion, we are squarely focused on our next milestone of US$1 billion in annual revenue," said Charles Liang, CEO and president of Supermicro. "As the technology leader in performance-per-watt (up to 290GFLOPS/kW*) server solutions, Supermicro has never been stronger than it is today. With a 57% growth in R&D manpower over the last 12 months now in place, we are offering the strongest product lineup in our history. As a result of this worldwide infrastructure growth, Supermicro is quickly increasing its business with Fortune Global 100 companies."

    The company's impressive track record of 14 consecutive years of profitability and consistent growth can be attributed to Supermicro's Server Building Block Solutions(R), its dedicated and talented engineering teams, the visionary leadership of Supermicro management as well as the close customer and partner relationships that the company continues to build and nurture.

    Furthermore, as the chair of the Climate Savers Computing Initiative (CSCI) APAC region, Supermicro is strongly committed to the CSCI mission to reduce worldwide computer power consumption by 50 percent by 2010. As a leader in green server technology, Supermicro offers up to 93%* efficiency power supplies, high-efficiency cooling designs, low-voltage memory support, and high-efficiency voltage regulator modules (VRMs) to help customers minimize their total cost of ownership (TCO).

    Supermicro's current portfolio of Server Building Block Solutions(R) includes over 570 server boards, over 1300 chassis SKUs, hundreds of servers, power supplies and accessories, as well as an attractive selection of user-friendly server management solutions. With superior performance-per-watt, these solutions deliver exceptional performance, cost savings and energy savings for the ultimate in Earth-Friendly Computing(TM). For more information on Supermicro's complete line of server and workstation solutions go to http://www.supermicro.com.

    About Super Micro Computer, Inc. (Nasdaq: SMCI)

    Supermicro emphasizes superior product design and uncompromising quality control to produce industry-leading serverboards, chassis and server systems. These Server Building Block Solutions provide benefits across many environments, including data center deployment, high-performance computing, high-end workstations, storage networks and standalone server installations. For more information on Supermicro's complete line of advanced motherboards, SuperServers, and optimized chassis, visit http://www.Supermicro.com, email Marketing@Supermicro.com or call the San Jose, CA headquarters at +1-408-503-8000.

    SMCI-F

    Supermicro and Server Building Block Solutions are registered trademarks and Earth-Friendly Computing is a trademark of Super Micro Computer, Inc. All other trademarks are the property of their respective owners.

    * GFLOPS/kW leadership, a measure of performance efficiency, and power efficiency figures are based on internal test results using Supermicro blade servers.

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

    Super Micro Computer, Inc.

    Michael Kalodrich of Super Micro Computer, Inc., +1-408-503-8063, michaelk@supermicro.com




    Macmillan/McGraw-Hill Introduces New K-6 Spanish Reading Program, Tesoros de LecturaExplicit, systematic instruction offered through print and digital formats

    NEW YORK, May 8 /PRNewswire/ -- As the number of Spanish-speaking learners in schools increases, teachers are looking for effective instructional practices across languages. Macmillan/McGraw-Hill has developed Tesoros de lectura, a new Spanish reading and language arts program for students in Grades K-6 that includes both print and digital resources, to give teachers everything they need to inform instruction and reach all students.

    "Offering a strong balance of authentic Spanish literature and translations of classic works, Macmillan/McGraw-Hill's Tesoros de lectura motivates and captures the interest of young readers," said Steve McClung, president of McGraw-Hill School Solutions Group, which includes Macmillan/McGraw-Hill. "This standards-based program incorporates the latest research, while the content and design of the materials engage elementary students."

    Developed by an author team of leading Spanish-language and reading experts, Tesoros de lectura offers explicit, systematic instruction through print and digital formats that delve deeply into the four key aspects of reading and language arts instruction: listening, speaking, reading, and writing.

    Tesoros de lectura is a parallel program to Macmillan/McGraw-Hill's leading English language arts program for Grades K-6, Treasures. Both programs feature intervention, skill practice, and assessment opportunities, enabling teachers to meet the needs of students at all reading levels. Also, Tesoros de lectura offers integrated intervention for Grades K-3.

    Engaging literature and non-fiction articles

    Based on research with bilingual as well as dual language educators and mono-lingual classroom teachers, Macmillan/McGraw-Hill has published a program that strikes an excellent balance between the use of rich, authentic Spanish literature and high quality translations of popular works published in English and other languages as well as translations of non-fiction articles. This balance helps develop excellent Spanish language literacy while gaining exposure to important standards-based content.

    In addition, Tesoros de lectura's colorful illustrations and careful text design help students read and comprehend material.

    Skill-building strategies

    Students practice reading, writing, and grammar skills throughout Tesoros de lectura through a range of activities. Side-by-side English and Spanish instruction in the teacher's edition features appropriate phonics, grammar, and spelling instruction to build fluency and comprehension.

    Tesoros de lectura also offers a variety of differentiated instruction strategies, including leveled weekly tests, small group lesson plans, multiple practice opportunities, and transition support based on individual student needs. At the end of each lesson, comprehension checks help teachers quickly assess if students understand a skill taught in the selection.

    Complete Program Resources

    Tesoros de lectura features a variety of print and digital materials including workbooks, student eBooks, vocabulary cards, listening library, video, interactive teacher's edition and more for teachers to create a practice routine and meet daily objectives.

    In addition, Tesoros de lectura offers both informal and formal assessment opportunities to help teachers monitor progress and help students reach their literacy goals.

    Visit http://www.macmillanmh.com/ for more information about Macmillan/McGraw-Hill's Tesoros de lectura.

    About Macmillan/McGraw-Hill

    Macmillan/McGraw-Hill is part of McGraw-Hill School Solutions Group (MHSSG). The group combines Macmillan/McGraw-Hill, which focuses on Grades PreK-6, and Glencoe/McGraw-Hill, which serves Grades 6-12. MHSSG is the only major educational publishing business to provide a comprehensive approach to the development of print and digital instructional materials from pre-kindergarten through high school. Additional information is available at http://www.macmillanmh.com/.

    About McGraw-Hill Education

    McGraw-Hill Education, a division of The McGraw-Hill Companies , is a leading global provider of instructional, assessment and reference solutions that empower professionals and students of all ages. McGraw-Hill Education has offices in 33 countries and publishes in more than 40 languages. Additional information is available at http://www.mheducation.com/.

    Contacts: Tom Stanton Caroline Golon McGraw-Hill Education Paul Werth Associates (212) 904-3214 (614) 224-8114, ext. 232 tom_stanton@mcgraw-hill.com cgolon@paulwerth.com

    Macmillan/McGraw-Hill

    CONTACT: Tom Stanton
    McGraw-Hill Education
    (212) 904-3214
    tom_stanton@mcgraw-hill.com
    Caroline Golon
    Paul Werth Associates
    (614) 224-8114, ext. 232
    cgolon@paulwerth.com

    Web site: http://www.mheducation.com/
    http://www.macmillanmh.com/




    Overstock.com Appears on '13-day' Regulation SHO Threshold List for 800 Trading DaysWonders when SEC will Enforce Regulation SHO

    SALT LAKE CITY, May 8 /PRNewswire-FirstCall/ -- Overstock.com, Inc. announces that yesterday marked the 800th trading day that the company has appeared on the Regulation SHO threshold list (see http://www.nasdaqtrader.com/aspx/regsho.aspx).

    Regulation SHO requires the U.S. stock exchanges to publish daily a list of companies whose stock had failures-to-deliver above a certain threshold. It also requires mandatory close-outs for open failures-to-deliver in threshold securities persisting for more than 13 days, with the aim that no security would appear on the threshold for any extended period. In fact, when it passed Regulation SHO, the Securities and Exchange Commission countered criticisms that the regulation had no teeth by claiming that companies would not remain on the list for more than 13 days.

    Overstock.com chairman and chief executive officer Patrick Byrne commented, "While this may seem paradoxical, the facts can be reconciled. One need only understand that our capital markets have been hijacked: our settlement system no longer settles, our New York financial media no longer investigates, and our regulators no longer regulate. For further explanation, see the fine example of investigative journalism that appeared this week on DeepCapture.com."

    SEC Chairman Christopher Cox noted at a March 4, 2008 open hearing that when companies are "chronically listed on Reg SHO's Threshold Security List for months and years at a time [there] is ample evidence that there is also fraud in the market that needs to be arrested." Chairman Cox continued, "Abusive naked short selling saps the confidence of investors and issuers who depend upon our markets to value securities in a fair, efficient, and orderly way."

    Despite Regulation SHO's requirement that a clearing broker-dealer must close-out failures-to-deliver in a threshold security that have persisted for 13 consecutive days and despite Chairman Cox's observations, Overstock.com has now been on the Regulation SHO threshold list for 800 trading days. "Will the SEC ever enforce the close-out provisions of Regulation SHO or prosecute what Chairman Cox has called 'market manipulation that is clearly violative of the federal securities laws'?" asks Overstock.com chairman and chief executive officer Patrick Byrne. "After Overstock.com's more than three-year run on the Regulation SHO threshold list, I have my doubts. Yesterday's milestone gives new meaning to our customer service number: 1-800-THE BIG O."

    "Eight hundred trading days is an unacceptably long time for any company to be on the Regulation SHO threshold list," said Jonathan Johnson, Overstock.com's senior vice president legal. "The SEC could easily remedy the situation by acting on its proposed rule to eliminate the options market maker exception and by requiring short-sellers to locate and borrow shares before selling them - rather than merely have a belief that they will be able to locate them at some point in the future. Overstock.com has been on the Regulation SHO threshold list nearly the entire time the list has been in existence. Clearly, merely publishing the threshold list, without active and meaningful enforcement, is not an effective deterrent against manipulative naked short selling."

    Many companies, besides Overstock.com, continue to appear on the Regulation SHO threshold list for extended periods of time and, despite constant criticism from Members of Congress, the U.S. Chamber of Commerce, public companies, informed market experts and legions of investors, the SEC has been slow to adopt meaningful Regulation SHO reform.

    Overstock.com renews its calls for the SEC to eliminate quickly Regulation SHO's options market maker exception, to require short-sellers to locate and borrow shares before selling them, and to require the full and prompt disclosure of the aggregate failures-to-deliver for every company listed on the Regulation SHO threshold list. In addition, Overstock.com calls for the SEC to enforce the close-out requirements of Regulation SHO so that no failure-to-deliver ever persists for more than 13 days.

    About Overstock.com

    Overstock.com, Inc. is an online retailer offering brand-name merchandise at discount prices. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ Global Market System and can be found online at http://www.overstock.com/.

    Overstock.com(R) is a registered trademark of Overstock.com, Inc. All other trademarks are the property of their respective owners.

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, statements regarding the extent of the hijacking of the financial markets, whether the SEC will enforce the close-out provisions of Regulation SHO, and the effectiveness of the proposed remedies for abusive naked short selling. Our Form 10-K for the year ended December 31, 2007, our subsequent quarterly reports on Form 10-Q, or any amendments thereto, and our other subsequent filings with the Securities and Exchange Commission identify important factors that could cause our actual results to differ materially from those contained in our projections, estimates or forward-looking statements.

    Overstock.com, Inc.

    CONTACT: Media Contact: Kirstie Burden, +1-801-947-3116,
    kburden@overstock.com, or Investor Contact: Kevin Moon, +1-801-947-3282,
    kmoon@overstock.com, both of Overstock.com, Inc.

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




    NetSuite and NetSuite's CRM Software Selected by ISM as Winners of SMB Software AwardFor Six Consecutive Years NetSuite Receives Product Recognition from ISM

    SAN MATEO, Calif., May 8 /PRNewswire-FirstCall/ -- NetSuite Inc. , a leading vendor of on-demand, integrated business management software suites, today announced that NetSuite CRM and NetSuite were selected by ISM Inc., Customer Relationship Management (CRM) and Contact Center strategic advisors, for its Top 15 CRM Small & Medium Business Software Award for 2008. This marks the sixth consecutive year NetSuite has received product awards from ISM. NetSuite offers Accounting / Enterprise Resource Planning (ERP), Ecommerce and Customer Relationship Management (CRM) software for small and midsized businesses and divisions of large companies. For more information about this award please visit http://www.netsuite.com/awards

    (Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

    NetSuite CRM and NetSuite were chosen after intensive testing by the ISM Software Lab at its Bethesda, Md.-based headquarters. Each package was rated according to 217 selection criteria, including 103 business functions, 52 technical features, 36 implementation capabilities, 9 real time criteria and 17 user-support features.

    "NetSuite is to be praised for obtaining the Top 15 honor as ISM's software selection process is strenuous and comprehensive," said Barton Goldenberg, president, ISM. "The winners of the 2008 Top 15 continue to raise the bar for the industry with significant advancements in both functionality and connectibility. NetSuite is a leader in the CRM / ERP/ Ecommerce industry."

    The Top 15 selections are featured in ISM's 16th edition of The Guide to CRM Automation and in a Top 15 CD available at (http://www.ismguide.com/).

    About ISM

    Founded in 1985, ISM Inc. offers strategic advisor services to organizations planning and implementing Customer Relationship Management (CRM), Contact Center initiatives and Digital Client initiatives. ISM annually publishes The Guide to CRM Automation and Top 15 CRM and Real Time CRM software reviews. Barton Goldenberg, founder and president of ISM, is the author of CRM in Real Time (published by Information Today) and CRM Automation (published by Prentice Hall) and is a columnist for a number of publications including CRM Magazine. ISM private sector clients include AAA, Amtrak, Delta Faucet, ExxonMobil, IBM, Lucent Technologies, McGraw-Hill, Nike, NYSE, PepsiCo, Roche, T. Rowe Price, United Way and Xerox; ISM's government clients include the Department of Defense and the US Postal Service.

    About NetSuite

    NetSuite Inc. is a leading vendor of on-demand, integrated business management software suites for small and midsized businesses. NetSuite enables companies to manage core business operations in a single system, which includes Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

    NOTE: NetSuite and the NetSuite logo are registered service-marks of NetSuite, Inc. Other marks are the property of their respective owners.

    Photo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com NetSuite Inc.

    CONTACT: Mei Li of NetSuite Inc., +1-650-627-1063, meili@NetSuite.com

    Web site: http://www.netsuite.com/
    http://www.ismguide.com/




    Energy Focus, Inc. to Present at 4th Annual Merriman CleanTech Conference in New York

    SOLON, Ohio, May 8 /PRNewswire-FirstCall/ -- Energy Focus, Inc. , the global leader in energy-efficient advanced lighting solutions, today announced that CEO Joseph Kaveski and President John Davenport will present an overview of the company and its businesses at the Merriman Curhan and Ford CleanTech Conference, May 13, 2008, at 4PM at Le Parker Meridien Hotel in New York. The conference, with more than 50 presenting companies and hundreds of investor meetings, features businesses on the leading edge of next-generation energy, conservation, and other cleantech segments.

    "We are proud to be recognized as one of the leaders in the cleantech sector," said Joe Kaveski, CEO of Energy Focus, Inc. "Energy Focus EFO(R) solutions offer the most energy efficient accent lighting available-EFO(R) consumes as little as 20% of the energy of traditional lighting, offering customers significantly lower energy and operating costs over fluorescent, incandescent, and other traditional lighting solutions. Wal-Mart, Whole Foods, W Hotels, Albertsons, the Appleton Museum and many others are already experiencing the bottom-line impact and "green" benefits that EFO(R) delivers."

    The Merriman CleanTech Conference is scheduled for May 13 at Le Parker Meridien Hotel in New York. For conference information go to http://www.merrimanco.com/.

    About Energy Focus, Inc.

    Energy Focus, Inc. , designs, develops, manufactures and markets lighting systems for wide-ranging uses in both the general commercial and the pool and spa lighting markets. Energy Focus EFO(R) systems offer energy savings, heat dissipation and maintenance cost benefits over conventional lighting for multiple applications. The Company's headquarters are located at 32000 Aurora Rd., Solon, Ohio. The Company has additional offices in California, the United Kingdom, and Germany. Telephone: (440) 715-1300. For more information, see http://www.energyfocusinc.com/.

    Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding the business outlook for 2008 and thereafter, future pool market sales, and the potential growth of EFO(R) sales based upon its energy savings over halogen and fluorescent lights. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Actual results may differ materially from the results predicted. Risk factors that could affect the Company's future include, but are not limited to, a slowing of the U.S. and world economies and its effect on Energy Focus's markets, failure to develop marketable products from new technologies, failure of EFO(R) or other new products to meet performance expectations, unanticipated costs of integrating acquisitions into the Energy Focus operation, delays in manufacturing of products, increased competition, other adverse sales and distribution factors, and greater than anticipated costs and/or warranty expenses. For more information about potential factors which could affect Energy Focus financial results, please refer to the Company's SEC reports, including its Annual Report on Form 10-K for the year ended December 31, 2006, and its quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof. Energy Focus disclaims any intention or obligation to update or revise any forward-looking statements.

    Energy Focus, Inc.

    CONTACT: Energy Focus, Inc., Public Relations Office, +1-440-715-1295,
    pr@energyfocusinc.com

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




    SoftBrands Extends Partnership With SAP to Include Common Strategy for Small Sites of Large Enterprises

    MINNEAPOLIS, May 8 /PRNewswire-FirstCall/ -- SoftBrands , a global supplier of enterprise application software, today announced an extension of its partnership with SAP AG, the world's leading provider of business software. The companies will jointly pursue opportunities for affiliates and smaller sites of large enterprises. The goal and commitment is to pursue an SAP-centric solution at the plant level for large enterprises. SoftBrands is one of the first partners to work with SAP on a joint market approach and strategy for this market segment.

    "While we have been working with SAP informally to sell to the affiliate level in the past, we now have formalized our efforts and defined a shared vision of success," said Ralf Suerken, Senior Vice President and General Manager, SoftBrands Manufacturing. "By leveraging this partnership we can reinforce our ability to deliver ERP solutions and services of the highest caliber."

    "SAP looks forward to expanding its strategy to place SAP Business One into the ecosystems of our large enterprise customers," said Ralf Mehnert-Meland, global senior director, Software Solution Partners, SAP. "SoftBrands has proven that they can sell, implement and support plant-level solutions at some of our most important customer sites. In addition, the SAP Business One solution is a strong fit at this level. This initiative will help ensure that large enterprises that run or intend to run SAP solutions at their headquarters and business units are offered an affordable SAP-centric solution at their plant-level and smaller sites."

    About SoftBrands

    SoftBrands, Inc. is a leader in providing software solutions for businesses in the manufacturing and hospitality industries worldwide. The company has established a global infrastructure for distribution, development and support of enterprise software, and has approximately 5,000 customers in more than 100 countries actively using its manufacturing and hospitality products. SoftBrands, which has approximately 775 employees, is headquartered in Minneapolis, Minn., with branch offices in Europe, India, Asia, Australia and Africa. Additional information can be found at http://www.softbrands.com/.

    SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

    Contact: Mark Palony 612-851-1898 Mark.palony@softbrands.com

    SoftBrands, Inc.

    CONTACT: Mark Palony of SoftBrands, Inc., +1-612-851-1898,
    Mark.palony@softbrands.com

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




    CIC and 4Point Partner to Provide Enhanced Solutions for the Financial Services IndustryLeading Adobe(R) Partners Deliver End-to-End Solutions for Truly Paperless Processes

    REDWOOD SHORES, Calif. and OTTAWA, May 8 /PRNewswire-FirstCall/ -- Communication Intelligence Corporation ("CIC") (BULLETIN BOARD: CICI) , a leading supplier of electronic signature solutions for business process automation in the financial industry and the recognized leader in biometric signature verification and Four Point Solutions Ltd. ("4Point"), an Adobe Gold Solution Partner announced today a strategic partnership alliance.

    Under this agreement, the companies will jointly market and sell each other's product and service offerings. CIC, an Adobe Security Technology Partner, and 4Point, will leverage each other's strengths in products and services to offer leading organizations utilizing Adobe's LiveCycle(R) ES or Acrobat(R) enterprise products a turnkey approach for implementing signature technologies. CIC will provide 4Point its full range of biometric and electronic signature solutions targeted at the banking and insurance industries and 4Point will provide CIC with expertise on Adobe technologies, including reselling Adobe's full suite of solution components as well as providing consulting and systems integration services.

    "CIC continues to team with select integration partners who can provide broad market access and effective sales coverage for eSignature solutions aimed at financial services and other vertical market applications," commented Joe DePaola, CIC's Vice President Worldwide Sales for CIC. "Leveraging 4Point's extensive experience in architecting and integrating Adobe's Enterprise Document Solutions will help ensure optimum ROI, for our joint customers and will create new opportunities in the market place."

    CIC's enterprise eSignature suite includes multi-modal eSignature solutions that have been successfully deployed by several Tier 1 insurance and banking firms. 4Point addresses today's complex business process issues with secure Adobe enterprise solutions and has a legacy of innovation that allows rapid and tailored response to each client's needs. With this strategic partnership alliance, customers benefit from the best of both worlds.

    "As the leading Adobe Gold Solution Partner in North America, 4Point has been involved in many successful customer deployments including large scale projects involving CIC," commented Denis Parisien, Vice President of Sales and Marketing at 4Point. "Leveraging the strengths of our combined offerings will create new opportunities in the marketplace and enable us to provide a more complete solution for our financial services customers."

    CIC's products include its SignatureOne(R) Profile and Ceremony(R) Servers, Sign-it(R), and iSign(R) software. CIC's SignatureOne Servers provide full life cycle management of electronic approval processes. Sign-it and iSign provide shrink-wrapped application plug-in as well as developer tools for the integration of signatures into complex enterprise architectures and custom applications. CIC's technology supports a common process and methodology to provide a uniform program interface for multiple signature methods and multiple signature capture devices, simplifying enterprise-wide

    integration of business process automation tasks requiring eSignatures, and virtually eliminating the need for paper copies and wet-ink signatures.

    4Point provides customers with leading industry and subject-matter expertise utilizing Adobe enterprise products. 4Point engages with key customer stakeholders to understand business process needs and deploy solutions with the appropriate level of support. The end result is immediate process improvements and increased collaboration and security that can bring about a significant return on investment. 4Point has deployed Adobe LiveCycle ES and Flex solutions worldwide to hundreds of customers in every sector.

    About CIC

    Communication Intelligence Corporation ("CIC") is a leading supplier of electronic signature solutions for business process automation in the Financial Industry and the recognized leader in biometric signature verification. CIC's products enable companies to achieve truly paperless work flow in their eBusiness processes by enabling them with "The Power to Sign Online(R)" with multiple signature technologies across virtually all applications in SaaS and fully deployed delivery models.

    Industry leaders such as AIG, Charles Schwab, Prudential, Nationwide (UK), Snap-on Credit and Wells Fargo chose CIC's products to meet their needs. CIC has deployments with over 400 channel partners and enterprises worldwide representing tens of thousand of users, with over 500 million electronic signatures captured, eliminating the need for over a billion pieces of paper. CIC sells directly to enterprises and through system integrators, channel partners and OEMs. CIC is headquartered in Redwood Shores, California and has a joint venture, CICC, in Nanjing, China. For more information, please visit our website at http://www.cic.com/

    About 4Point

    With extensive expertise and experience in Adobe's enterprise solutions, Four Point Solutions Ltd. (4Point) delivers consulting services, training, and technical and application support that ensure customer satisfaction lasts. 4Point's breadth and depth of solution deployment experience in all sectors, including financial services, government, life sciences, education, and manufacturing, has made 4Point Adobe's leading Solution Partner in North America. 4Point continues that success in the European market. From 4Point's executive team to its consultants, solution architects, Adobe-certified trainers, and sales engineers immediate access to wide-ranging experience is available in every aspect of Adobe(R) LiveCycle(R) ES and Adobe Flex deployment. For more information, please visit our website at http://www.4point.com/.

    Forward Looking Statement

    Certain statements contained in this press release, including without limitation, statements containing the words "believes", "anticipates", "hopes", "intends", "expects", and other words of similar import, constitute "forward looking" statements within the meaning of the Private Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual events to differ materially from expectations. Such factors include the following (1) technological, engineering, quality control or other circumstances which could delay the sale or shipment of products containing the Company's technology; (2) economic, business, market and competitive conditions in the software industry and technological innovations which could affect the Company's business; (3) the Company's inability to protect its trade secrets or other proprietary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the Company; and (4) general economic and business conditions and the availability of sufficient financing.

    CIC, its logo, Sign-it, SignatureOne, Ceremony, iSign and the Power to Sign Online are registered trademarks. All other trademarks and registered trademarks are the property of their respective holders.

    Contact Information CIC Investor Relations Inquiries: Chantal Eshghipour Phone: 650-802-7740 Email: investorrelations@cic.com 4Point Sarah Samplonius Phone: 613-907-6439 Email: sarah.samplonius@4point.com

    Communication Intelligence Corporation

    CONTACT: Investor Relations Inquiries: Chantal Eshghipour of CIC,
    +1-650-802-7740, investorrelations@cic.com; or Sarah Samplonius of 4Point,
    +1-613-907-6439, sarah.samplonius@4point.com

    Web site: http://www.cic.com/
    http://www.4point.com/




    NextIO Standardizes on VMM Methodology and Synopsys VCS for Next-Generation I/O Virtualization ChipVMM Delivers Higher Productivity by Enabling 80 Percent Verification Reuse

    MOUNTAIN VIEW, Calif., May 8 /PRNewswire-FirstCall/ -- Synopsys, Inc. , a world leader in software and IP for semiconductor design and manufacturing, today announced that NextIO, a leader in I/O virtualization, has standardized on the VMM methodology, as defined in the Verification Methodology Manual (VMM) for SystemVerilog, and on Synopsys' VCS(R) functional verification product to accelerate the SystemVerilog-based verification of their newest I/O virtualization chip design. Pairing the VMM methodology with the VCS tool enabled NextIO to efficiently build highly accurate system-level and unit-level simulation environments that quickly identify design bugs. This complete verification environment enabled NextIO to achieve first-pass functional silicon success.

    "After an extensive evaluation of the solutions in the market, we decided to use VMM to address the challenge of creating a modern, powerful SystemVerilog-based verification environment," said Rich Warwick, vice president of Engineering and Operations at NextIO. "The VMM methodology and Synopsys' implementation of the VMM base classes helped us structure a verification environment that utilized the full power of SystemVerilog. By standardizing all of our testbenches on VMM, we have been able to reduce development time by fifty percent. VMM solved every verification challenge we faced."

    NextIO was able to create its own unique base classes derived from the VMM base classes that they are now able to extend on a project-by-project basis. This flexible approach allows NextIO to quickly assemble both unit-level and chip-level testbenches in a standardized fashion. This standardization significantly reduces the learning curve for NextIO's designers and verification engineers when new chips are developed, shortening the development schedules of future designs. Subsequent designs will require a certain amount of new, design-specific code; however, NextIO expects to reuse eighty to ninety percent of the environment they architected for their second-generation chip.

    "The adoption of the VMM methodology by innovative companies such as NextIO reflects a growing, industry-wide trend," said Swami Venkat, senior director of Verification Marketing at Synopsys. "The combination of Synopsys' comprehensive VCS functional verification product and customer-proven VMM base class library enables unprecedented productivity and predictability, making the VMM methodology the solution of choice for SystemVerilog-based design and verification."

    About Synopsys

    Synopsys, Inc. is a world leader in electronic design automation (EDA) software for semiconductor design. The company delivers technology-leading system and semiconductor design and verification platforms, IC manufacturing and yield optimization solutions, semiconductor intellectual property and design services to the global electronics market. These solutions enable the development and production of complex integrated circuits and electronic systems. Through its comprehensive solutions, Synopsys addresses the key challenges designers and manufacturers face today, including power management, accelerated time to yield and system-to-silicon verification. Synopsys is headquartered in Mountain View, California, and has more than 60 offices located throughout North America, Europe, Japan and Asia. Visit Synopsys online at http://www.synopsys.com/.

    Synopsys and VCS are registered trademarks of Synopsys, Inc. Any other trademarks or registered trademarks mentioned in this release are the intellectual property of their respective owners.

    Editorial Contacts: Sheryl Gulizia Synopsys, Inc. 650-584-8635 sgulizia@synopsys.com Stephen Brennan MCA, Inc. 650-968-8900x114 sbrennan@mcapr.com

    Synopsys, Inc.

    CONTACT: Sheryl Gulizia of Synopsys, Inc., +1-650-584-8635,
    sgulizia@synopsys.com; or Stephen Brennan of MCA, Inc., +1-650-968-8900,
    ext. 114, sbrennan@mcapr.com, for Synopsys, Inc.

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




    Chenango County Residents to Benefit From Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Calling, Data Access, and Music

    BINGHAMTON, N.Y., May 8 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Chenango County, Verizon Wireless has expanded its network with a new cell site in Greene. The new site improves coverage and capacity on Route 12 from King Road to County Route 1 and on Route 41 from Hartman Road to Collier Road.

    This network expansion is part of the company's aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless voice and data services. The company has invested more than $45 billion since it was formed -- on average, more than $5.5 billion every year -- to increase coverage and capacity of its national network and to add new services.

    Services include wireless data services such as picture messaging, text messaging, V CAST and V CAST Music, ESPN MVP and BroadbandAccess, the company's high-speed wireless broadband network geared toward mobile professionals and business customers. It provides average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second (mbps), and average upload speeds of 500-800 kbps.

    Strong demand for Verizon Wireless services continued during the first quarter of 2008 as the company added 1.5 million new customers. Verizon Wireless, the wireless company with the highest customer loyalty, reported the lowest customer turnover (highest customer loyalty) rate in the industry -- 1.2% in the first quarter -- for the 14th consecutive quarter.

    The company's 'nation's most reliable wireless network' reputation is based on network studies performed by real-life test men and test women throughout the country who inspired the "Can you hear me now" national advertising campaign. These engineers drive nearly 100 specially equipped vehicles over 240,000 miles on average each quarter on Interstate, US and state highways, as well as major roads and surface streets. Test vehicles are equipped with computers that automatically make more than 750,000 voice call attempts and more than four million data tests annually on Verizon Wireless' network and the networks of other carriers.

    Last year, Verizon Wireless introduced its 30-day Test Drive, an industry first that lets customers experience its network virtually risk-free for 30 days. If customers are not satisfied with their experience and take their number to another carrier, Verizon Wireless will refund their money for calls, equipment, activation fee and taxes. For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.

    About Verizon Wireless

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

    Verizon Wireless

    CONTACT: John O'Malley of Verizon Wireless, +1-585-321-7264 or
    +1-585-261-5899, john.omalley@verizonwireless.com; or Meredith Dropkin for
    Verizon Wireless, +1-315-233-3000, meredithd@mragroup.com

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




    Lexmark X560n garners more accolades with Buyers Lab Highly Recommended rating

    LEXINGTON, Ky., May 8 /PRNewswire-FirstCall/ -- Lexmark International, Inc.'s X560n color laser multifunction product (MFP) has received a Highly Recommended rating from Buyers Laboratory Inc. (BLI), a leading printer and multifunctional testing laboratory.

    Recognized for its productivity, value and ease of use, the Lexmark X560n earned an "Excellent" or "Very Good" rating in most of BLI's evaluation areas.

    "A desktop color multifunction printer targeted to small and mid-size workgroups, the Lexmark X560n proved to be a strong overall performer during BLI's two-month lab assessment," said BLI. "With a manufacturer-rated speed of 20 pages per minute (ppm) for color and 31 ppm for black, the Lexmark X560n offers good overall productivity and a very good feature set for a competitive price."

    At an estimated street price of $999*, the Lexmark X560n is designed for business workgroups that need to elevate their office productivity with professional color printing, copy, scan and fax capabilities. For example, businesses can quickly and affordably print professional color presentations, brochures, invitations, labels and signage in-house with the Lexmark X560n, reducing the hassle and expense of outsourcing documents to a local copy shop.

    The Lexmark X560n comes standard with networking so it can be easily shared by multiple users. It also does quadruple duty as a printer, copier, scanner and fax to help customers reduce energy consumption and costs associated with supplying and maintaining multiple devices.

    "The X560n is the perfect solution for workgroups that want to boost their productivity and affordably bring the brilliance of color to their business," said Marty Canning, Lexmark vice president and president of its Printing Solutions and Services Division. "We are proud to receive this honor from BLI and add to the recognition for our newest color laser MFP."

    The Lexmark X560n has also received a Four-Star, Highly Recommended rating from BERTL and was named a Better Buys for Business Editor's Choice award winner.

    For more information about Lexmark's MFPs and entire line of printing and imaging products and solutions, visit http://www.lexmark.com/ .

    About Lexmark

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

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

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

    *All prices are estimated street prices in U.S. dollars -- actual prices may vary.

    Lexmark International, Inc.

    CONTACT: Melissa Lucas of Lexmark International, Inc., +1-859-232-5806,
    mlucas@lexmark.com

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




    Lexmark to participate in 36th Annual JPMorgan Technology Conference

    LEXINGTON, Ky., May 8 /PRNewswire-FirstCall/ -- Lexmark International, Inc. today announced that John W. Gamble, Lexmark executive vice president and chief financial officer, will participate in the 36th Annual JPMorgan Technology Conference on Wednesday, May 21, in Boston.

    Gamble's participation is scheduled for 8:40 a.m. EDT. His remarks can be accessed live from Lexmark's investor relations Web site at http://investor.lexmark.com/. The site will also offer an audio replay after the event.

    About Lexmark

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

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

    Lexmark International, Inc.

    CONTACT: Investor Contact, John Morgan, +1-859-232-5568,
    jmorgan@lexmark.com; Media, Todd Hastings, +1-859-232-6012,
    thasting@lexmark.com, both of Lexmark

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




    Tyco Declares Regular Quarterly Dividend

    PEMBROKE, Bermuda, May 8 /PRNewswire-FirstCall/ -- The Board of Directors of Tyco International Ltd. has declared a regular quarterly cash dividend of $0.15 per common share. The dividend is payable on August 1, 2008, to shareholders of record as of July 1, 2008.

    ABOUT TYCO INTERNATIONAL

    Tyco International is a diversified, global company that provides vital products and services to customers in more than 60 countries. Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. Tyco had 2007 revenues of more than $18 billion and has 118,000 employees worldwide. More information on Tyco can be found at http://www.tyco.com/.

    Tyco International Ltd.

    CONTACT: Media, Paul Fitzhenry, +1-609-720-4261, pfitzhenry@tyco.com; or
    Investor Relations, Ed Arditte, +1-609-720-4621, or Karen Chin,
    +1-609-720-4398, all of Tyco International Ltd.

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




    CACI Awarded $134 Million Contract to Support Military Sealift CommandCompany to Continue Implementing Emerging Technology for MSC Logistics Support

    ARLINGTON, Va., May 8 /PRNewswire-FirstCall/ -- CACI International Inc announced today that it has been awarded an indefinite delivery/indefinite quantity contract for up to 10 years, worth up to $134 million, to continue providing worldwide logistics support services to the U.S. Navy's Military Sealift Command (MSC). The award sustains CACI's support for MSC and expands the company's business in logistics and material readiness solutions.

    The mission of the Military Sealift Command is to support our nation by delivering supplies and conducting specialized missions across the world's oceans, with a vision to be the leader in innovative and cost-effective maritime solutions. CACI's role under the MSC contract is to deliver worldwide logistics support services to the fleet of more than 100 MSC ships and shore activities. The company will help MSC ensure the integrity, accuracy, and timeliness of shipboard equipment configurations, associated logistics support, shore-based and shipboard inventories, and related technical systems, data, and documentation.

    The new contract award sustains CACI's continuing support for MSC. The company developed MSC's centralized Configuration and Logistics Information Program (CLIP) database system and deployed its shipboard version, ShipCLIP, aboard 112 MSC ships. CACI is also helping MSC implement emerging technology for its Information Systems Portal, which links to Department of Defense and commercial logistics databases to provide MSC decision-makers with fast access to accurate data on inventories and supplies.

    According to Bill Fairl, CACI President of U.S. Operations, "The technical approach CACI offers the Military Sealift Command, based upon proven and repeatable processes certified by the International Organization for Standardization (ISO), streamlines and improves logistics support while reducing costs. For example, while the size of the MSC Fleet has grown over the years, implementing the CACI-developed ShipCLIP application, along with MSC's Information Systems Portal, has reduced the cost of logistics support per ship by more than 28 percent since 1995. Our support helps MSC simplify the job for the shipboard supply department and provides effective and practical tools for shipboard engineering personnel."

    Paul Cofoni, CACI President and Chief Executive Officer, said, "This contract award continues the outstanding relationship with the Military Sealift Command that CACI has held since 1990. Our ongoing service is strong confirmation of the sustained value we bring to the Command and its capabilities. CACI remains dedicated to providing services and solutions that help our warfighters stay equipped and ready to execute their most critical missions in defending our nation against global terrorism."

    CACI International Inc provides the professional services and IT solutions needed to prevail in today's defense, intelligence, homeland security and federal civilian government arenas. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR integration services; information assurance, information operations, and cyber security services; integrated security and intelligence solutions; and program management and SETA support services. CACI services and solutions help our federal clients provide for national security, improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. We add value to our clients' operations, increase their skills and capabilities, and enhance their missions. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 2000 index. CACI provides dynamic careers for approximately 11,800 employees working in over 120 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at http://www.caci.com/.

    There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the following: the accretiveness of the Dragon Development Corporation and Athena Innovative Solutions, Inc. transactions to our earnings; regional and national economic conditions in the United States and the United Kingdom, including conditions that result from terrorist activities or war; changes in interest rates; currency fluctuations; failure to achieve contract awards in connection with recompetes for present business and/or competition for new business; the risks and uncertainties associated with client interest in and purchases of new products and/or services; continued funding of U.S. government or other public sector projects, based on a change in spending patterns, or in the event of a priority need for funds, such as homeland security, the war on terrorism or rebuilding Iraq; government contract procurement (such as bid protest, small business set asides, etc.) and termination risks; the results of government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); material changes in laws or regulations applicable to our businesses, particularly in connection with (i) government contracts for services, (ii) outsourcing of activities that have been performed by the government, (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; and (iv) accounting for convertible debt instruments; our own ability to achieve the objectives of near term or long range business plans; and other risks described in the company's Securities and Exchange Commission filings.

    For investor information contact: For other information contact: David Dragics, Jody Brown, Senior Vice President, Executive Vice President, Investor Relations Public Relations (866) 606-3471, ddragics@caci.com (703) 841-7801, jbrown@caci.com

    CACI International Inc

    CONTACT: Investors, David Dragics, Senior Vice President, Investor
    Relations, +1-866-606-3471, ddragics@caci.com, or Other Information, Jody
    Brown, Executive Vice President, Public Relations, +1-703-841-7801,
    jbrown@caci.com, both of CACI International Inc

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




    CVF Technologies Corporation's Holding - BIOREM Announces Promising First Quarter Results and New Orders Totaling Cdn $1.7 Million

    WILLIAMSVILLE, N.Y., May 8 /PRNewswire-FirstCall/ -- CVF Technologies Corporation's (BULLETIN BOARD: CNVT) holding BIOREM announced its results for the first quarter ended March 31, 2008, which are summarized in the following table:

    ---------------------- First quarter ended March 31, ------------------------------------------------------------------------- Information in table is in Cdn thousands except per share data 2008 2007 ------------------------------------------------------------------------- REVENUE $3,184 $1,769 ------------------------------------------------------------------------- GROSS PROFIT 1,455 618 ------------------------------------------------------------------------- EBITDA(1) 236 (336) ------------------------------------------------------------------------- NET EARNINGS 104 (375) ------------------------------------------------------------------------- BASIC EARNINGS PER SHARE 0.01 (0.03) ------------------------------------------------------------------------- DILUTED EARNINGS PER SHARE 0.01 (0.03) ------------------------------------------------------------------------- WEIGHTED AVERAGE COMMON SHARES 11,978 11,978 -------------------------------------------------------------------------

    First quarter revenue was Cdn $3,184,000 which is up Cdn $1,415,000 or 80% over the comparative period in the prior year. This also represents an 8.4% increase over revenue in Q4 2007 and a very encouraging trend of four continuous quarters with revenue increases. Strong revenue growth has resulted from the successful implementation of the major sales initiatives adopted in early 2007 to bring special attention separately to the municipal and industrial marketplaces and to build a very strong manufacturing representative network.

    New orders in the first quarter were Cdn $2,150,000 resulting in a current order backlog of Cdn $9 million. The backlog is up Cdn $1.3 million or 17% from March 31, 2007.

    Gross profit in the quarter of Cdn $1,455,000 is up Cdn $837,000 from last year's comparative quarter resulting from increased revenue as well as improved margins on projects. This improvement has driven the gross margin up to 45.7% compared to Q1 2007 of 34.9%.

    Operating Expenses were Cdn $1,219,000 which is up Cdn $265,000 or a 27.8% increase compared to the comparative quarter of Cdn $954,000. The largest increases are as follows:

    -- Sales and marketing expenses of Cdn $620,000 are up Cdn $231,000 or 59.4% to account for higher commissions as well as increased personnel costs. -- Research and development expenses are up Cdn $94,000 or 61.8% from 2007 primarily due to activity associated with an ongoing research program targeting industrial air pollution product development. -- There was an exchange gain of Cdn $102,000 in Q1 2008 as compared to an exchange loss in the comparative period of 2007 of Cdn $14,000.

    Although Operating Expenses were higher than last year's first quarter, the significant increase in gross margin brought the Company to a positive net earnings of Cdn $104,000 compared to a loss of Cdn $375,000 in Q1 2007.

    The Company's liquidity improved significantly in Q1 2008. Net working capital increased by Cdn $337,000 in the three-month period. Total working capital at March 31, 2008 was Cdn $4,201,000.

    Commenting on the quarterly results, Peter Bruijns, BIOREM President and CEO said, "The very favorable results confirm the positive direction of the Company's sales restructuring from last year. Not only are the number of orders per quarter increasing, the average deal size is rising as the Company is winning many large orders. It is also encouraging to see a healthy gross margin which is expected to continue throughout 2008."

    BIOREM went on to announce that, as part of an internal reorganization, the Director of Operations has departed from the Company. Peter Bruijns will take responsibility for this function in the interim as the Company builds best-practices and determines the most cost effective structure to deliver on the expanding business and new orders from both North America and internationally.

    In addition, BIOREM has recently announced the receipt of orders in the second quarter totaling Cdn $1.7 million for odor control systems in Cape Coral, Florida and Corpus Christi, Texas as well as five systems in three separate locations in the Middle East.

    "BIOREM's technology has gained a great deal of traction in the Middle East", said Peter Bruijns, President & CEO of BIOREM. "We maintain strong relationships with representatives worldwide in key market segments and these organizations are successfully educating local owners, contractors and engineers on the value of biological odor removal technologies."

    BIOREM(R) manufactures BIOSORBENS(R) biofilter media and is a leading supplier of biofilters for air pollution control in municipal and industrial applications, including BIOCUBE(R) modular units and the MYTILUS(R) biotrickling filters. With over 500 installed systems and over a decade of experience, the Company's products are the technology of choice for odor control at wastewater treatment plants across North America. Additional information on BIOREM is also available at http://www.biorem.biz/.

    CVF Technologies Corporation (http://www.cvfcorp.com/) is headquartered in Williamsville, New York. CVF is a technology development company, whose principal business is sourcing, funding and managing emerging pre-public, clean-tech companies with significant market potential.

    Certain statements made in this press release which are not historical facts are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these statements involve risks and uncertainties, which may cause actual results or achievements to be materially different from any future results and achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, product demand and market acceptance risks for the products and technologies of CVF's subsidiary companies and investees; the impact of competitive products, technologies and pricing; delays or difficulties in developing, producing, testing and selling new products and technologies; the ability of the company's subsidiaries and investees to obtain necessary financing for their operations and to consummate initial public offerings of their stock; the effect of the Company's accounting policies; the effect of trade restrictions and other risks detailed in the company's Statement on Form 10-SB/A filed with the U.S. Securities and Exchange Commission and any subsequent filings with the Commission.

    For more information please contact: http://www.cvfcorp.com/ (1) EBITDA is a non-GAAP earnings measure, therefore, it does not have any standardized meaning prescribed by Canadian generally accepted accounting principles and may not be similar to measures presented by other companies. EBITDA represents earnings before interest, income taxes, depreciation and amortization. This measure is important to management since it is used by potential investors and lenders to evaluate the ongoing cash generating capability of the Company and thus the amounts they are willing to invest in the Company.

    CVF Technologies Corporation

    CONTACT: Robert L. Miller, Chief Financial Officer, or Jeffrey Dreben
    President & CEO, both of CVF Technologies Corporation,
    +1-716-565-4711

    Web site: http://www.cvfcorp.com/
    http://www.biorem.biz/




    Vonage Holdings Corp. Reports First Quarter 2008 Results- First Quarter Revenue Grows 15% to $225 Million -- Company Generates Adjusted Operating Income(1) of $8 Million -- 1Q08 Net Loss Narrows to $9 Million or $0.06 per Share -- Company Announces Strategic Relationship with Covad to Deliver Vonage Broadband -

    HOLMDEL, N.J., May 8 /PRNewswire-FirstCall/ -- Vonage Holdings Corp. , a leading provider of broadband telephone service, today announced results for the quarter ended March 31, 2008.

    Revenue for the first quarter 2008 grew to a record $225 million, up 15% from $196 million in the first quarter 2007 and up 4% sequentially, driven by an increase in subscriber lines and higher average revenue per user.

    For the first quarter of 2008, the Company reported a GAAP net loss of $9 million or $0.06 per share, down from a loss of $72 million or $0.47 per share reported in the first quarter 2007. Adjusted operating income(1) was $8 million in the quarter, a significant improvement from an adjusted operating loss of $58 million in the year-ago quarter and adjusted operating income of $3 million sequentially.

    Jeffrey Citron, Vonage Chairman, said, "We are pleased with our results this quarter, as we further strengthened relationships with existing customers and captured new subscribers through targeted marketing. Our business fundamentals are improving and for the second consecutive quarter we reported positive adjusted operating income. Additionally, we have taken a significant step toward restructuring our convertible debt.

    "We remain confident in our ability to grow the business profitably and deliver innovative products and services which enable customers to control the way they communicate. Today's announcement of a strategic relationship with Covad to deliver Vonage Broadband is an exciting step in that direction."

    First Quarter 2008 Financial and Operating Highlights

    Average monthly revenue per line in the first quarter 2008 was $28.85, up from $28.31 in the year-ago quarter and $28.19 reported in the fourth quarter 2007. Average monthly telephony services revenue per line for the quarter increased to $27.87, up from $27.36 reported a year ago and up from $27.42 sequentially.

    In the first quarter 2008, direct cost of telephony services was $56 million, flat versus last year and up slightly from $54 million in the fourth quarter 2007. On a per line basis, average direct cost of telephony services was $7.26, down from $8.03 in the year ago quarter and up from $7.11 sequentially.

    Direct cost of goods sold was $22 million, up from $13 million in the year-ago quarter and $17 million in the prior quarter as the Company utilized a large portion of its remaining inventory of higher cost CPE devices. Direct margin(2) remained flat year-over-year at 65% and fell 200 basis points from 67% in the fourth quarter 2007 driven by the increase in the CPE subsidy. The Company expects direct margin to improve in the second quarter as it fully exhausts the remaining inventory.

    Selling, general and administrative ("SG&A") expense was $79 million, down from $91 million in the year-ago quarter, and flat sequentially.

    Pre-marketing operating income(1) ("PMOI"), which represents the cash generated from the existing customer base, increased to $83 million, from $39 million in the year-ago quarter and $78 million sequentially. On a per line basis, PMOI increased to $10.66 in the first quarter 2008, up from $5.68 in the year-ago quarter and $10.23 sequentially.

    Marketing expense for the quarter was $61 million, or 27% of revenue, down sharply from $91 million, or 46% of revenue, a year ago, and down from $63 million, or 29% of revenue, sequentially. Marketing cost per gross subscriber line addition ("SLAC") was $216 in the first quarter 2008, down from $273 in the year-ago quarter and $223 sequentially. The Company expects SLAC to increase in the second quarter, consistent with prior year seasonal trends. Vonage expects to gradually increase marketing expenditures in the second half of 2008 to accelerate growth but continues to expect the cost of acquisition to fall within $225-$250 for the full year 2008.

    Vonage added 30,000 net subscriber lines in the first quarter 2008 and finished the quarter with more than 2.6 million lines in service. The Company is taking steps to strengthen and grow its customer base. To expand Vonage's competitive position in the marketplace and offer customers control over how they communicate, Vonage today announced a relationship with Covad whereby Vonage will offer a DSL service to both residential and small business customers. The Company expects this new service, called Vonage Broadband, to be available to customers by the end of the year.

    In addition, the Company is focused on increasing the quality of its customer base by targeting customers with low acquisition costs and high lifetime value. This effort, which involves evaluating media channel investments and returns, will lead to lower gross line additions in the second quarter, with an expectation for accelerating growth the remainder of the year. The Company expects this will increase profitability over time.

    Average monthly customer churn increased to 3.3% in the first quarter 2008 from 3.0% in the fourth quarter 2007. The Company believes it has implemented process improvements in customer care that will result in an improved user experience and lower churn. As such, the Company expects churn in the second quarter to be below first quarter levels.

    Cash and marketable securities and restricted cash on March 31, 2008 was $190 million. This includes $42 million in restricted cash used as collateral for routine business operations. The change in cash from the prior quarter was driven by cash provided from operations of $11 million, capital expenditures of $10 million, and an increase in restricted cash of $2 million.

    Convertible Debt Refinancing Update

    On April 25th, the Company announced that it had signed a non-binding letter of intent with a third party financing source to provide $215 million in a private debt financing. The letter of intent is a proposal that will be used as a basis for financing and does not constitute a commitment. The Company expects that approximately two-thirds of the financing will be provided through a senior secured credit facility and approximately one-third will be provided through issuance of convertible secured notes.

    The Company intends to use the net proceeds from this financing, plus cash on hand, to repay, tender for or redeem its existing convertible notes, which can be put to the Company on December 16, 2008 and have a principal amount due of approximately $253 million.

    Negotiations regarding a financing commitment are ongoing but there can be no assurance that the financing will be successful. The Company will provide additional details once a commitment letter is signed.

    (1) This is a non-GAAP financial measure. Refer below to Table 3 for a reconciliation to GAAP loss from operations. (2) Direct margin is defined as operating revenues less direct cost of telephony services and direct cost of goods sold. VONAGE HOLDINGS CORP. TABLE 1. SUMMARY CONSOLIDATED FINANCIAL DATA (Dollars in thousands, except per share amounts) Three Months Ended March 31, 2008 2007 (unaudited) Statement of Operations Data: Operating Revenues: Telephony services $216,980 $189,367 Customer equipment and shipping 7,637 6,573 224,617 195,940 Operating Expenses: Direct cost of telephony services (excluding depreciation and amortization of $4,701 and $4,113, respectively) 56,498 55,566 Royalty - 10,415 Total direct cost of telephony services 56,498 65,981 Direct cost of goods sold 22,072 13,333 Selling, general and administrative 79,392 90,992 Marketing 60,899 90,850 Depreciation and amortization 10,209 7,859 229,070 269,015 Loss from operations (4,453) (73,075) Other income (expense), net Interest income 1,400 6,067 Interest expense (5,571) (5,149) Other, net (164) 17 (4,335) 935 Loss before income tax expense (8,788) (72,140) Income tax expense (173) (194) Net loss $(8,961) $(72,334) Net loss per common share: Basic and diluted $(0.06) $(0.47) Weighted-average common shares outstanding: Basic and diluted 156,034 155,151 VONAGE HOLDINGS CORP. TABLE 1. SUMMARY CONSOLIDATED FINANCIAL DATA - (Continued) (Dollars in thousands, except per share amounts) Three Months Ended March 31, 2008 2007 (unaudited) Statement of Cash Flow Data: Net cash provided by (used in) operating activities $10,522 $(58,719) Net cash provided by (used in) investing activities 25,021 3,877 Net cash provided by (used in) financing activities (201) 227 March 31, December 31, 2008 2007 (unaudited) Balance Sheet Data (at period end): Cash, cash equivalents and marketable securities $148,278 $151,484 Restricted cash 41,501 38,928 Property and equipment, net of accumulated depreciation 114,072 118,666 Total assets 458,365 462,297 Convertible notes, net 253,331 253,320 Capital lease obligations 22,994 23,235 Total liabilities 540,597 537,424 Total stockholders' equity (deficit) (82,232) (75,127) VONAGE HOLDINGS CORP. TABLE 2. SUMMARY CONSOLIDATED OPERATING DATA (unaudited) Three Months Ended March 31, December 31, March 31, 2008 2007 2007 Gross subscriber line additions 281,329 283,907 332,493 Net subscriber line additions 30,133 56,016 165,646 Subscriber lines (at period end) 2,610,360 2,580,227 2,389,757 Average monthly customer churn 3.3% 3.0% 2.4% Average monthly revenue per line $28.85 $28.19 $28.31 Average monthly telephony services revenue per line $27.87 $27.42 $27.36 Average monthly direct cost of telephony services per line $7.26 $7.11 $8.03 Marketing costs per gross subscriber line addition $216.47 $223.06 $273.24 Employees (excluding temporary help) (at period end) 1,722 1,543 1,729 CPE subsidy $51.31 $40.83 $20.33 Direct margin as a % of total revenue 65.0% 66.7% 64.8%

    VONAGE HOLDINGS CORP. TABLE 3. RECONCILIATION OF GAAP LOSS FROM OPERATIONS TO ADJUSTED INCOME (LOSS)

    FROM OPERATIONS AND PRE-MARKETING OPERATING INCOME (Dollars in thousands) (unaudited) Three Months Ended March 31, December 31, March 31, 2008 2007 2007 Income (loss) from operations $(4,453) $(9,366) $(73,075) Depreciation and amortization 10,209 11,105 7,859 Non-cash stock compensation 1,886 1,663 6,914 Adjusted income (loss) from operations 7,642 3,402 (58,302) Marketing 60,899 63,327 90,850 Customer equipment and shipping (7,637) (5,891) (6,573) Direct cost of goods sold 22,072 17,484 13,333 Pre-marketing operating income $82,976 $78,322 $39,308 As a % of telephony services revenue 38.2% 37.3% 20.8% Use of Non-GAAP Financial Measures

    This press release includes the following measures defined as non-GAAP financial measures by the Securities and Exchange Commission: adjusted income (loss) from operations, pre-marketing operating income.

    Vonage uses adjusted income (loss) from operations and pre-marketing operating income as principal indicators of the operating performance of its business.

    We believe that adjusted income (loss) from operations permits a comparative assessment of our operating performance, relative to our performance based on our GAAP results, while isolating the effects of depreciation and amortization, which may vary from period to period without any correlation to underlying operating performance, and of non-cash stock compensation expense, which is a non-cash expense that also varies from period to period.

    Given that our strategy currently results in operating losses, we believe that pre-marketing operating income is an important metric to evaluate the profitability of the existing customer base to justify the level of continued investment in growing that customer base. In addition, as we are currently growing both our revenue and customer base, we have chosen to invest significant amounts on our marketing activities to acquire and replace subscribers. We provide information relating to our adjusted income (loss) from operations and pre-marketing operating income so that investors have the same data that we employ in assessing our overall operations. We believe that trends in our adjusted income (loss) from operations and pre-marketing operating income are valuable indicators of the operating performance of our company on a consolidated basis and of our ability to produce operating cash flow to fund working capital needs, to service debt obligations and to fund capital expenditures.

    The non-GAAP financial measures used by us may not be directly comparable to similarly titled measures reported by other companies due to differences in accounting policies and items excluded or included in the adjustments, which limits its usefulness as a comparative measure. These non-GAAP financial measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, GAAP results.

    Vonage defines adjusted income (loss) from operations as GAAP loss from operations excluding depreciation and amortization and non-cash stock compensation expense.

    Vonage defines pre-marketing operating income as GAAP loss from operations excluding customer equipment and shipping revenue, direct cost of goods sold, depreciation and amortization, marketing and non-cash stock compensation expense.

    Conference Call and Webcast

    Management will host a webcast discussion of the quarter's results on Thursday, May 8, 2008 at 10:00 AM Eastern Time. To participate, please dial (877) 419-6594 approximately ten minutes prior to the call. International callers should dial (719) 325-4932. A replay will be available approximately two hours after the conclusion of the call until midnight May 23, 2008, and may be accessed by dialing (888) 203-1112. International callers should dial (719) 457-0820. The replay passcode is: 5532664

    The webcast will be broadcast live through Vonage's Investor Relations website at http://ir.vonage.com/. Windows Media Player or RealPlayer is required to listen to this webcast. A replay will be available shortly after the live webcast.

    Safe Harbor Statement

    This press release contains forward-looking statements regarding the Company's ability to grow profitably, the Company's ability to complete a financing with party with whom it has entered a non-binding letter of intent, the Company's gross line additions and churn in the second quarter of 2008 and the Company's cost of acquisition for 2008. In addition, other statements in this press release that are not historical facts or information may be forward-looking statements. The forward-looking statements in this release are based on information available at the time the statements are made and/or management's belief as of that time with respect to future events and involve risks and uncertainties that could cause actual results and outcomes to be materially different. Important factors that could cause such differences include the Company's ability to consummate the financing arrangement, which is subject to numerous uncertainties, including but not limited to completion of due diligence review by the financing party, successful negotiation between the Company and the financing party of a commitment for the financing arrangement and successful negotiation of definitive documentation for the financing arrangement. Other important factors include, but are not limited to, our damaging and disruptive intellectual property and other litigation; our convertible notes, which can be put to us in December 2008; our rate of customer terminations; our history of net operating losses and our need for cash to finance our growth; the competition we face; our reliance on third parties to provide portions of our service; our dependence on our customers' existing broadband connections; differences between our service and traditional phone services, including our 911 service; uncertainties relating to regulation of VoIP services; system disruptions or flaws in our technology; the risk that VoIP does not gain broader acceptance; and other factors that are set forth in the "Risk Factors" section, the "Legal Proceedings" section, the "Management's Discussion and Analysis of Results of Operations and Financial Condition" section and other sections of Vonage's Annual Report on Form 10-K for the year ended December 31, 2007, as well as in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, and therefore, you should not rely on these forward-looking statements as representing our views as of any date subsequent to today.

    About Vonage

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

    Our Residential Premium Unlimited and Small Business Unlimited calling plans offer consumers unlimited local and long distance calling, and popular features like call waiting, call forwarding and voicemail - for one low, flat monthly rate.

    Vonage's service is sold on the web and through national retailers including Best Buy, Circuit City, Wal-Mart Stores Inc. and Target and is available to customers in the U.S., Canada and the United Kingdom. For more information about Vonage's products and services, please visit http://www.vonage.com/.

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

    (vg-f)

    Vonage Holdings Corp.

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

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




    Verizon Wireless Introduces the Chic Samsung Glyde(TM)Sleek Messaging Phone Features an Advanced Touch-Screen, Slide-Out QWERTY Keyboard and Feature-Rich Multimedia Capabilities

    BASKING RIDGE, N.J., and DALLAS, May 8 /PRNewswire/ -- Verizon Wireless, builder and operator of the nation's most reliable wireless network, and Samsung Telecommunications America (Samsung Mobile) announced that the Samsung Glyde(TM) will be available on May 9, 2008, online at http://www.verizonwireless.com/ and in more than 2,400 Verizon Wireless Communications Stores from coast to coast, including those in Circuit City. The Glyde is a powerful and sleek multimedia and messaging phone that boasts a robust feature-set packaged in a compact, touch-screen device with a full QWERTY keyboard.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20080508/NYTH006-a ) (Photo: http://www.newscom.com/cgi-bin/prnh/20080508/NYTH006-b )

    The Glyde features a 2.8" advanced touch-screen that offers a tactile response and a slide-out QWERTY keyboard that provides customers with an easy way to send text and instant messages. This multimedia device comes equipped with a full lineup of Verizon Wireless' hottest services including V CAST Music and Video. With V CAST Music, customers have access to more than 3 million songs from well-known and independent artists that can be purchased and downloaded directly over-the-air to the Glyde. V CAST Video gives customers access to content from the best names in news, sports and entertainment.

    Other features include a 2.0 megapixel camera with flash, microSD(TM) card slot, which supports up to 8 GB of external memory, and Bluetooth(R) stereo headset support.

    Additional features of the Glyde include: -- HTML browser with touch navigation -- Get It Now(R) -- download games, ringtones, wallpapers, location-based services and more -- 2.0 megapixel camera and camcorder with flash and zoom: * Brightness adjustment * Self-time: Off, three, five or 10 seconds * Color effects: Normal, black and white, sketch, antique, negative, green, aqua * Multi-shot Mode: Series, divided * Resolution Adjustment: 1600 x 1200, 1280 x 960, 1024 x 768, 640 x 480, 320 x 240, 176 x 144 -- VZ Navigator(SM) capability -- get visual and audible directions to thousands of destinations, locate businesses and other points of interest, get maps of a location, and share directions with others -- Music Player for .mp3, .wma, and unprotected .aac and .aac + files -- Bluetooth -- supports headset, hands-free car kits, serial port, dial-up networking, advanced audio distribution (stereo), phone book access, object push for vCard, basic imaging for sending/printing non-protected images to a compatible device and basic print -- Text, picture and video messaging -- Instant Messaging using AIM(R), MSN(R), Yahoo!(R) -- Speakerphone -- Speed dialing -- Dimensions: 4.09" x 1.97" x .7" (standard battery) -- Weight: 4.13 ounces (with standard battery) -- Display: 240 x 440 pixel, 262K TFT, 2.8" active screen area -- Bilingual user interface: English and Spanish -- TTY/TTD-capable -- Hearing Aid Compatibility = M4 -- Personal organizer with calendar, calculator, notepad, currency converter, alarm clock, world time and stop watch -- Phone book with up to 500 entries with multiple contacts -- Usage time: Up to 210 minutes with standard battery or up to 250 hours with standard battery for standby time -- 2.5 mm headset jack

    The Glyde will be available for $249.99 after a $50 mail-in rebate with a new two-year customer agreement. Customers can get the most out of their Glyde with Verizon Wireless' Nationwide Premium calling plan. Starting at $79.99 monthly access, the Nationwide Premium calling plan includes: unlimited messaging, VZ Navigator, Mobile Email, and V CAST VPak plus unlimited megabytes for Mobile Web and Get It Now. For more information on Verizon Wireless products and services, customers can visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or visit http://www.verizonwireless.com/.

    About Verizon Wireless

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

    About Samsung Telecommunications America

    Samsung Telecommunications America, LLC, a Dallas-based subsidiary of Samsung Electronics Co., Ltd., researches, develops and markets wireless handsets and telecommunications products throughout North America. For more information, please visit http://www.samsungwireless.com/.

    About Samsung Electronics

    Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2007 consolidated sales of US$103.4 billion. Employing approximately 150,000 people in 134 offices in 62 countries, the company consists of five main business units: Digital Media Business, LCD Business, Semiconductor Business, Telecommunication Business and Digital Appliance Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit http://www.samsung.com/.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080508/NYTH006-a
    http://www.newscom.com/cgi-bin/prnh/20080508/NYTH006-b
    AP Archive: http://photoarchive.ap.org/
    AP PhotoExpress Network: PRN1
    PRN Photo Desk, photodesk@prnewswire.com Verizon Wireless

    CONTACT: Media, Brenda Boyd Raney of Verizon Wireless, +1-908-559-7518,
    Brenda.Raney@verizonwireless.com; or Tracy Calabrese of MWW Group for Samsung,
    +1-972-301-5406, tcalabrese@mww.com

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




    Audiovox Expands Mexico FacilityNew office better situated to accommodate Company's planned expansion in the market

    HAUPPAUGE, N.Y., May 8 /PRNewswire-FirstCall/ -- Audiovox Corporation announced today that its wholly-owned subsidiary Audiovox Mexico has relocated its headquarters to the business district, Del. Miguel Hidalgo in Mexico City.

    The recently formed Audiovox Mexico needed the new facility to help it meet expected additional business demand resulting from two key business situations. First, the recent license agreement with the Eveready Battery Company to market and distribute Energizer-branded products throughout Mexico, Central America, the Caribbean and South America and second, the increased emphasis on distribution of some of the Audiovox-branded products that is planned for the region.

    Audiovox Mexico was established as part of the Company's most recent acquisition, when it took over the RCA Audio/Video facility in Mexico. Audiovox believes a local presence in the growing Latin America market will allow it to expand beyond the RCA product lines and into the Company's diverse product portfolio.

    The new location features a large, hi-tech product showroom where customers can view core products, interact with a highly knowledgeable customer support team, and experience first-hand, the Audiovox family of brands.

    The facility houses all operational units including financial, commercial, administration, technical support and marketing and serves as the headquarters for Audiovox's Consumer Electronics Audio/Video, Mobile Audio/Video, Security and Accessories business locally in Mexico.

    "This new facility is in keeping with our stated goals for increased international presence both overseas and in the Americas," said Patrick Lavelle, President and CEO of Audiovox Corporation. "Our new premises at Miguel Hidalgo are state-of-the-art and should allow us to grow our business while providing the level of customer service and support that has been our hallmark in our domestic operations."

    About Audiovox

    Audiovox Corporation is a leading international supplier and value added service provider in the consumer electronics accessory industry. The Company conducts its business through subsidiaries and markets mobile and consumer electronics and consumer electronics accessories products both domestically and internationally under several of its own brands. It also functions as an OEM (Original Equipment Manufacturer) supplier to a wide variety of customers, through several distinct distribution channels. For additional information, please visit Audiovox on the Web at http://www.audiovox.com/ .

    Safe Harbor Language

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

    Company Contacts Glenn Wiener GW Communications for Audiovox Tel: 212-786-6011 or Email: gwiener@GWCco.com

    Audiovox Corporation

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

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




    PASSUR Aerospace, Inc. Announces New Stock Symbol: PSSR

    GREENWICH, Conn., May 8 /PRNewswire-FirstCall/ -- PASSUR Aerospace, Inc. (BULLETIN BOARD: PSSR) announced today that its new stock symbol is PSSR. On April 16, 2008, stockholders of PASSUR Aerospace, Inc. voted at the company's annual meeting to change the company's name to PASSUR Aerospace, Inc., from Megadata Corporation (BULLETIN BOARD: MDTA) .

    The new company name is intended to reflect the strong, globally recognized PASSUR brand, which is synonymous with accuracy, reliability, and comprehensive aviation intelligence.

    About PASSUR Aerospace

    PASSUR Aerospace is changing how aviation and aerospace information is collected, analyzed, and delivered. PASSUR Aerospace owns and operates a unique database of flight information with proprietary decision-making software, primarily powered by a growing international network of passive radars (PASSURs) located at more than 85 airports world-wide, including 33 of the top 35 U.S. airports -- from which it provides PASSUR information, analytics, and decision support tools to improve the financial condition and operational efficiency of organizations. PASSUR Aerospace offers unique user- friendly information, as well as decision algorithms, which provide innovative commercial air traffic solutions to more than 50 airports, including 8 of the top 10 U.S. airports; to dozens of airlines, including 7 of the top 10 U.S. airlines; and to more than 180 corporate aviation customers, as well as to the U.S. Government. In addition, the company has created and implemented collaborative web-based software that allows the company's customers to instantly share information to improve individual and joint decision-making, creating additional value for those customers.

    Visit PASSUR Aerospace's web site at http://www.passur.com/ for updated products, solutions, and news.

    The forward-looking statements in this news release relating to management's expectations and beliefs are based on preliminary information and management assumptions. Such forward-looking statements are subject to a wide range of risks and uncertainties that could cause results to differ in material respects, including those related to customer needs, budgetary constraints, competitive pressures, the success of airline trials, the profitable use of the Company's owned PASSURs located at major airports, the Company's maintenance of above average quality of its product and services, as well as potential regulatory changes. Further information regarding factors that could affect the Company's results is contained in the Company's SEC filings, including the October 31, 2007 Form 10K, and the January 31, 2008 10Q.

    Contact: James T. Barry President & CEO (203) 622-4086 jimbarry@passur.com

    PASSUR Aerospace, Inc.

    CONTACT: James T. Barry, President & CEO of PASSUR Aerospace, Inc.,
    +1-203-622-4086, jimbarry@passur.com

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




    Medialink to Report First Quarter 2008 Results on May 15

    NEW YORK, May 8 /PRNewswire-FirstCall/ -- Medialink Worldwide Incorporated , a leading provider of diversified media services for professional communicators and marketers and, through its Teletrax subsidiaries, a leading provider of digital video tracking services to content owners, will report results for the quarter ended March 31, 2008, on Thursday, May 15, 2008, prior to the opening of U.S. stock markets.

    Following the earnings release on Thursday, May 15, 2008, Medialink will host a teleconference with a simultaneous webcast at 11:00 a.m. Eastern Time to discuss the Company's quarterly results and the overall industry outlook. Participating on the teleconference will be Laurence Moskowitz, Chairman, President and Chief Executive Officer, and Kenneth G. Torosian, Chief Financial Officer. To access the teleconference, please dial 1-800-591-6944 (domestic) or 1-617-614-4910 (international) and use "40308694" as the passcode, approximately 10 minutes prior to the start time.

    The conference call will be webcast live by Thomson Financial and can be accessed at Medialink's Web site at http://www.medialink.com/. The webcast is also being distributed through the Thomson StreetEvents Network via http://www.earnings.com/ (for individual investors) and http://www.streetevents.com/ (for institutional investors). To listen to the webcast, please go to any of these websites about 10 minutes prior to the start of the call to register, download, and install any necessary audio software.

    For those unable to listen to the live broadcast, a replay will be available on the Company's Web site or by dialing 1-888-286-8010 (domestic) or 1-617-801-6888 (international), with playback access code 64865051, starting approximately two hours after the conclusion of the call and available until May 22, 2008.

    About Medialink:

    Medialink (http://www.medialink.com/) is a global leader in providing unique news and marketing media strategies and solutions that enable corporations and organizations to inform and educate their intended audiences with maximum impact on television, radio, print, and the Internet. The Company offers creative services and multimedia distribution programs including video and audio news and short-form programming. Through its majority-owned subsidiaries, Medialink also provides Teletrax(R), a global television tracking and media asset management service to help clients evaluate return on investment from their programming and advertising efforts. Teletrax is 76%-owned by Medialink and 24%-owned by Royal Philips Electronics. Based in New York, Medialink has offices in major cities throughout the United States and an international hub in London.

    With the exception of the historical information contained in the release, the matters described herein contain certain "forward-looking statements" that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Actual results may vary materially from those expressed or implied by the statements herein. Such statements may relate, among other things, to our ability to respond to economic changes and improve operational efficiency, the benefits of our products to be realized by our customers, or our plans, objectives, and expected financial and operating results. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances or using words such as: will, believe, anticipate, expect, could, may, estimate, project, plan, predict, intend or similar expressions that involve risk or uncertainty. These risks and uncertainties include, among other things, our recent history of losses; our ability to achieve or maintain profitability; potential regulatory action; worldwide economic weakness; geopolitical conditions and continued threats of terrorism; effectiveness of our cost reduction programs; the receptiveness of the media to our services; changes in our marketplace that could limit or reduce the perceived value of our services to our clients; our ability to develop new services and market acceptance of such services, such as Mediaseed(R); the volume and importance of breaking news, which can have the effect of crowding out the content we produce and deliver to broadcast outlets on behalf of our clients; our ability to develop new products and services that keep pace with technology; the process of embedding a Teletrax watermark or the watermark itself rendering client content unsuitable for broadcast; our ability to develop and maintain successful relationships with critical vendors; the potential negative effects of our international operations on the Company; future acquisitions or divestitures, which may adversely affect our operations and financial results; the absence of long term contracts with customers and vendors; and increased competition, which may have an adverse effect on pricing, revenues, gross margins and our customer base. More detailed information about these risk factors is set forth in filings by Medialink Worldwide Incorporated with the Securities and Exchange Commission, including the Company's registration statement, most recent quarterly report on Form 10-Q, most recent annual report on Form 10-K and other publicly available information regarding the Company. Medialink Worldwide Incorporated is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward- looking statements whether as a result of new information, future events or otherwise.

    For more information: Mary C. Buhay Jordan M. Darrow Senior Vice President, Corporate Communications Darrow Associates, Inc. Medialink Worldwide Incorporated Tel: (631) 367-1866 Tel: (212) 682-8300 jdarrow@darrowir.com IR@medialink.com

    Medialink Worldwide Incorporated

    CONTACT: Mary C. Buhay, Senior Vice President, Corporate Communications,
    of Medialink Worldwide Incorporated, +1-212-682-8300, IR@medialink.com; or
    Jordan M. Darrow of Darrow Associates, Inc., +1-631-367-1866,
    jdarrow@darrowir.com, for Medialink Worldwide Incorporated

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




    Boston Scientific Announces FDA Approval of New Family of Advanced Pacemakers

    NATICK, Mass., May 8 /PRNewswire-FirstCall/ -- Boston Scientific Corporation today announced U.S. Food and Drug Administration (FDA) approval of its ALTRUA(TM) family of pacemakers. ALTRUA is Boston Scientific's most advanced pacemaker and delivers enhanced therapies while maintaining its small size and battery longevity. It is the first Boston Scientific-branded pacemaker to treat bradycardia, a condition in which the heart beats too slowly -- usually less than 60 beats per minute -- depriving the body of sufficient oxygen.

    "FDA approval of Boston Scientific's ALTRUA family of pacemakers -- especially following the European approval of ALTRUA we announced yesterday -- further demonstrates the significant progress we have made rebuilding our CRM organization and reinvigorating our product pipeline," said Fred Colen, Executive Vice President, Operations and Technology, Cardiac Rhythm Management. "Pacemakers are the most implanted device in the cardiac rhythm management industry and we look forward to making the ALTRUA family broadly available to physicians and their patients."

    The ALTRUA pacemaker provides physicians with diagnostic and therapeutic capabilities that enable them to tailor the therapy to meet specific patient requirements:

    -- Multiple Atrial Ventricular (AV) Delay programming options: These options are designed to reduce unnecessary right ventricular (RV) pacing, without dropping ventricular beats, a key distinction from other competitive RV pacing algorithms. The ALTRUA 60 series also includes an enhanced AV search hysteresis feature, now with an extendable AV delay out to 400 milliseconds, providing physicians with additional flexibility to tailor device programming for unique patient needs. -- Stored Onset Electrograms (EGM): This feature provides diagnostic information about the patient's heart rhythm before the onset of an arrhythmia, enabling physicians to more easily and effectively troubleshoot patient arrhythmias. Boston Scientific's proprietary design enables continuous onset EGM monitoring without reducing battery longevity, a key difference from most competitive pacemakers. -- Minute Ventilation (MV) Blended Sensor: This proprietary technology treats a condition called Chronotropic Incompetence (CI), which is the inability of the heart to regulate its rate appropriately in response to physical activity and emotional stress. Boston Scientific's MV Blended Sensor is the only sensor that has been shown to restore Chronotropic Competence, enabling a patient's heart rate to function appropriately in different situations such as carrying groceries or climbing stairs. This feature is only available in the ALTRUA 60 and 40 series.

    Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties. For more information, please visit: http://www.bostonscientific.com/.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may be identified by words like "anticipate," "expect," "project," "believe," "plan," "estimate," "intend" and similar words. These forward-looking statements are based on our beliefs, assumptions and estimates using information available to us at the time and are not intended to be guarantees of future events or performance. These forward-looking statements include, among other things, statements regarding our product performance, regulatory approval of our products, new product launches, competitive offerings, our growth strategy, and our market position. If our underlying assumptions turn out to be incorrect, or if certain risks or uncertainties materialize, actual results could vary materially from the expectations and projections expressed or implied by our forward-looking statements. These factors, in some cases, have affected and in the future (together with other factors) could affect our ability to implement our business strategy and may cause actual results to differ materially from those contemplated by the statements expressed in this press release. As a result, readers are cautioned not to place undue reliance on any of our forward-looking statements.

    Factors that may cause such differences include, among other things: future economic, competitive, reimbursement and regulatory conditions; new product introductions; demographic trends; intellectual property; litigation; financial market conditions; and, future business decisions made by us and our competitors. All of these factors are difficult or impossible to predict accurately and many of them are beyond our control. For a further list and description of these and other important risks and uncertainties that may affect our future operations, see Part I, Item 1A- Risk Factors in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, which we may update in Part II, Item 1A - Risk Factors in Quarterly Reports on Form 10-Q we have filed or will file thereafter. We disclaim any intention or obligation to publicly update or revise any forward-looking statements to reflect any change in our expectations or in events, conditions, or circumstances on which those expectations may be based, or that may affect the likelihood that actual results will differ from those contained in the forward-looking statements. This cautionary statement is applicable to all forward-looking statements contained in this document.

    CONTACT: Paul Donovan 508-650-8541 (office) 508-667-5165 (mobile) Media Relations Boston Scientific Corporation Larry Neumann 508-650-8696 (office) Investor Relations Boston Scientific Corporation

    Boston Scientific Corporation

    CONTACT: Paul Donovan, Media Relations, +1-508-650-8541 (office),
    +1-508-667-5165 (mobile), or Larry Neumann, Investor Relations,
    +1-508-650-8696 (office), both of Boston Scientific Corporation

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




    CSC Ranks in Top 10 of Military Spouse Magazine's List of 'Military Spouse Friendly Employers'

    FALLS CHURCH, Va., May 8 /PRNewswire/ -- Computer Sciences Corporation today announced that it has been ranked by Military Spouse magazine as one of America's "Military Spouse Friendly Employers," according to the magazine's June issue.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20080508/LATH520)

    The second annual list is a "who's who" of corporations which have made the greatest efforts to employ spouses of military troops. Top companies were selected from a pool of approximately 2,500 organizations that earn a minimum of $1 billion in annual revenues. Companies were evaluated on recruiting activities, resulting hires and employment policies.

    "Companies have historically underutilized a talent pool of 1.1 million military spouses, largely because they have been viewed as a group that relocates often," said Babette Maxwell, co-founder and executive editor of Military Spouse. "But technology now enables employees to work remotely, reducing or eliminating the obstacles historically associated with frequent relocation."

    "Military spouses represent an educated and talented labor pool with capabilities well aligned with CSC's business needs," said James W. Sheaffer, president of CSC's North American Public Sector business unit.

    About Military Spouse

    Military Spouse (http://www.milspouse.com/) is published by Victory Media. The company also publishes G.I. Jobs (http://www.gijobs.net/) and Vetrepreneur (http://www.navoba.com/). Additional supporting materials are available at http://www.milspouse.com/top10pr.

    About CSC

    Computer Sciences Corporation is a leading information technology (IT) services company. CSC's mission is to be a global leader in providing technology-enabled business solutions and services.

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

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080508/LATH520
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Computer Sciences Corporation

    CONTACT: Caroline Longanecker, Senior Manager, Communications, North
    American Public Sector, +1-703-641-3260, clonganecker@csc.com, or Mike
    Dickerson, Director, Media Relations, Corporate, +1-310-615-1647,
    mdickers@csc.com, both of Computer Sciences Corporation

    Web site: http://www.csc.com/
    http://www.milspouse.com/
    http://www.gijobs.net/
    http://www.navoba.com/




    VIASPACE Energy Initiates Global Distribution of Battery Electrode Health Analyzer Product With Agreement in Korea

    PASADENA, Calif., May 8 /PRNewswire-FirstCall/ -- VIASPACE Inc. (BULLETIN BOARD: VSPC) , a company that transforms proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions, announced today that it has entered into a distribution agreement for its state of the art BA-1000 Battery Electrode Health Analyzer product with WonATech Corporation of Seoul, Korea.

    WonATech is a major distributor of high technology products including fuel cell and battery test stations to companies and universities in Korea, with additional distribution partners in Taiwan, China, Malaysia, India and Iran.

    Improving the performance and safety of lithium batteries is a major challenge for battery manufacturers and university researchers throughout the world. Battery capacity and safety is limited by electrode changes during charge and discharge cycles. The BA-1000 Battery Electrode Health Analyzer is the first instrument developed to study these changes using a new, patent pending, nondestructive technique, which enables continuous analysis over the lifecycle of the battery.

    VIASPACE CEO Carl Kukkonen stated, "WonATech is a well-known company in Korea with distribution to several other countries throughout Asia, and we are proud to have them as a partner to introduce our new VIASPACE Energy product globally. We believe that the BA-1000 will help customers rapidly develop and optimize new designs for rechargeable batteries for electronics, power tools and electric vehicles."

    About VIASPACE: Founded in 1998 with the objective of transforming proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions that solve today's complex problems, VIASPACE benefits from important patent and software licenses from Caltech, which manages NASA's Jet Propulsion Laboratory. For more information, please see http://www.viaspace.com/, or contact Dr. Jan Vandersande, Director of Communications at 800-517-8050, or IR@VIASPACE.com.

    This news release includes forward-looking statements. These forward-looking statements relate to future events or our future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Such factors include the risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-KSB, for the fiscal year ended December 31, 2007, as well as general economic and business conditions, the ability to acquire and develop specific projects and technologies, the ability to fund operations, changes in consumer and business consumption habits, and other factors over which VIASPACE has little or no control.

    VIASPACE Inc.

    CONTACT: Dr. Carl Kukkonen, +1-626-768-3360, for VIASPACE Inc.

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




    51job, Inc. Schedules First Quarter 2008 Earnings Release and Conference Call on May 13, 2008

    SHANGHAI, China, May 8 /Xinhua-PRNewswire-FirstCall/ -- 51job, Inc. , a leading provider of integrated human resource services in China, announced today that it will release unaudited financial results for the first quarter ended March 31, 2008 after the market closes on Tuesday, May 13, 2008. Following the earnings announcement, management will hold a conference call the same day at 9:00 p.m. Eastern Time (9:00 a.m. Shanghai / Hong Kong time zone on May 14, 2008) to discuss its first quarter 2008 financial results, operating performance and business outlook.

    The call will be available live and on replay through 51job's investor relations website, ir.51job.com. Please go to the website at least fifteen minutes early to register and download and install any necessary audio software. Participants may also dial into the teleconference at +1-888-277- 7060 (+1-913-312-0378 for international callers) and provide the passcode 7734018. An audio replay of the conference call will be available three hours after completion through May 20, 2008, by dialing +1-888-203-1112 (+1-719-457- 0820 for international callers) and entering the passcode 7734018.

    About 51job

    51job, Inc. is a leading provider of integrated human resource services in China with a strong focus on recruitment related services. Offering a broad array of products and services, 51job connects millions of job seekers with employment opportunities and streamlines the recruitment process and human resource administration for tens of thousands of companies in China. Through print advertisements in 51job Weekly and online recruitment services at http://www.51job.com/, both domestic Chinese employers and multinational companies alike are able to attract, identify and recruit new employees. 51job also provides executive search services and a number of other value-added human resource services, including training, business process outsourcing and salary surveys. 51job's nationwide office network in China spans 26 cities operating 23 local editions of 51job Weekly.

    For more information, please contact: Linda Chien, Investor Relations 51job, Inc. Tel: +86-21-6879-6250 Email: investor.relations@51job.com

    51job, Inc.

    CONTACT: Linda Chien, Investor Relations of 51job, Inc., +86-21-6879-6250,
    or investor.relations@51job.com

    Web site: http://www.51job.com/




    Energy Focus, Inc. Reports First Quarter 2008 Results

    SOLON, Ohio, May 8 /PRNewswire-FirstCall/ -- Energy Focus, Inc. today announced financial results for the first quarter ended March 31, 2008.

    Financial and operating highlights include the following: -- Revenues for the first quarter of 2008 were $4.8 million, a decrease of 3% over sales of $5.0 million for the same quarter in 2007. The net loss in the quarter was $3.4 million ($0.28 per share) compared to the net loss of $2.6 million ($0.23 per share) in the first quarter of 2007. -- The company finished the year with a balance sheet showing cash at $14.8 million and total shareholders equity of $28.1 million, which included $9.4 million, received March 17, 2008 from an equity financing, net of expenses. Cash utilization for the first quarter of 2008 was $3.2 million, compared to $3.9 million for the first quarter of 2007. -- Operating expenses increased by 11%, $468,000, for the quarter. Much of the increase is attributable to the timing of R&D expenses. However, management expects the company to obtain full benefit of these contract cost recoveries by Q4 2008. -- EFO(R) sales increased to $2.1 million for the first quarter of 2008 compared to $1.1 million in 2007. -- The company is holding to a previously forecast doubling of EFO(R) sales in 2008 as compared to 2007, with EFO(R) sales accounting for about 50% of EFOI's revenue in 2008 of which approximately 40% of EFO(R) sales expected in the first half and approximately 60% expected in second half. As previously forecast, traditional product sales are also expected to continue to decline by about 15% over the course of the year.

    John Davenport, president of Energy Focus, Inc., said, "First quarter revenues, declining 3% over Q1 2007 revenues, showed a significant improvement in the quarter compared to the 24% decline experienced in Q4 2007. EFO sales at $2.1 million were up about $1.0 million in the quarter offsetting forecast traditional product declines that were led by declines in our pool sales. EFO sales now account for 44% of the company's revenues, compared to 39% of revenues in the fourth quarter." Mr. Davenport continued, "We expect to continue to see strong quarter over quarter growth in EFO sales through 2008 overcoming forecast declines in our traditional product sales. We are particularly encouraged by our sales growth through our new distribution partners."

    Eric Hilliard, Chief Operating Officer said, "Energy Focus's continued pursuit of operational efficiency initiatives for 2008 have shown further improvements as seen in the reduction of working capital. Additionally, the first quarter showed much progress in our distribution alliances with our new EFO(R)-LED products for commercial and industrial markets. Our fiscal outlook is promising for these new products and EFOI is encouraged to continue its EFO(R) product development for applications in this market. Moreover, EFOI continues to pursue opportunities into the US Government channel. We now have an installation of EFO(R)-ICE for freezer case applications on test with a United States Commissary. Finally, our first quarter is in line with our expectations for delivering the first half of 2008 as planned with 40% of EFO(R) product sales for our 2008 forecast being met."

    Energy Focus, Inc. management will host a conference call on May 8, 2008 at 11:30 a.m. EDT (8:30 a.m. PDT) to review the first quarter 2008 financial results and other corporate events, followed by a Q & A session. Dialing 1-888-542-9137 (US/Canada) or 1-706-758-4961 (International/Local) can access the call. The conference ID number is 46124730. Participants are asked to call the assigned number approximately 10 minutes before the conference call begins.

    The conference call will also be available over the Internet at http://www.energyfocusinc.com/ in the Investor Relations area of the company website or by going to http://www.mkr-group.com/. A replay of the conference call will be available two hours after the call for the following 7 days by dialing 1-888-542-9137 (US/Canada) or 1-706-758-4961 (international/local) and entering the following pass code: 46124730. Also, an instant replay of the conference call will be available over the Internet at http://www.energyfocusinc.com/ on May 22, 2008 and will remain available for one year in the Investor Relations area of the site or by going to http://www.mkr-group.com/.

    About Energy Focus

    Energy Focus, Inc. is the leading supplier of fiber optic lighting and the world's only supplier of EFO(R), a lighting technology which is more efficient than conventional electric lamps. Energy Focus products are designed, manufactured and marketed for the commercial lighting, sign and swimming pool, and spa markets. Energy Focus fiber optic lighting provides energy savings, aesthetic, safety and maintenance cost benefits over conventional lighting. Customers include supermarket chains, retail stores, fast food restaurants, theme parks and casinos, hotels, swimming pool builders, spa manufacturers and many others. Company headquarters are located at 32000 Aurora Rd., Solon, OH 44139. The Company has additional offices in Pleasanton, CA, United Kingdom and Germany. For more information, see http://www.energyfocusinc.com/.

    Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding the business outlook for 2008 and thereafter the potential growth of EFO(R) sales based upon its energy savings over LED's and fluorescent lights. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Actual results may differ materially from the results predicted. Risk factors that could affect the Company's future include, but are not limited to, a slowing of the U.S. and world economy and its effects on Energy Focus's markets, failure to develop marketable products from new technologies, failure of EFO(R) or other new products to meet performance expectations, higher than anticipated expenses, unanticipated costs of integrating acquisitions into the Energy Focus operation, delays in manufacturing of products, increased competition, other adverse sales and distribution factors and greater than anticipated costs and/or warranty expenses. For more information about potential factors which could affect Energy Focus's financial results, please refer to the Company's SEC reports, including its Annual Reports on Form 10-K and its quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof. Energy Focus disclaims any intention or obligation to update or revise any forward-looking statements.

    ENERGY FOCUS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (amounts in thousands) March 31, December 31, 2008 2007 (unaudited) ASSETS Current assets: Cash and cash equivalents $ 14,838 $ 8,412 Accounts receivable trade, net 3,917 3,454 Inventories, net 7,209 6,888 Prepaid and other current assets 420 381 Total current assets 26,384 19,135 Fixed assets, net 5,175 5,316 Goodwill, net 4,455 4,359 Other assets 93 59 Total assets $ 36,107 $ 28,869 LIABILITIES Current liabilities: Accounts payable $ 2,823 $ 2,265 Accrued liabilities 1,502 1,473 Deferred revenue 105 --- Credit Line borrowings 1,197 1,159 Short-term bank borrowings 1,552 1,726 Total current liabilities 7,179 6,623 Other deferred liabilities 201 62 Deferred tax liabilities 292 252 Long-term bank borrowings 325 314 Total liabilities 7,997 7,251 SHAREHOLDERS' EQUITY Common stock 1 1 Additional paid-in capital 65,464 55,682 Accumulated other comprehensive income 974 815 Accumulated deficit (38,329) (34,880) Total shareholders' equity 28,110 21,618 Total liabilities and shareholders' equity $ 36,107 $ 28,869 The accompanying notes are an integral part of these financial statements. ENERGY FOCUS, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (amounts in thousands except per share amounts) (unaudited) Three months ended March 31, 2008 2007 Net sales $ 4,837 $ 5,009 Cost of sales 3,593 3,539 Gross profit 1,244 1,470 Operating expenses: Research and Development 917 483 Sales and marketing 2,362 2,620 General and administrative 1,370 1,078 Total operating expenses 4,649 4,181 Loss from operations (3,405) (2,711) Other income (expense): Other income/(expense) 2 7 Interest income/ (expense) (6) 99 Loss before income taxes (3,409) (2,605) Provision for income taxes (40) (1) Net loss $ (3,449) $ (2,606) Net loss per share - basic and diluted $ (0.28) $ (0.23) Shares used in computing net loss per share - basic and diluted 12,227 11,484 The accompanying notes are an integral part of these financial statements.

    Energy Focus, Inc.

    CONTACT: Joseph Kaveski, CEO, or John Davenport, President, or Eric
    Hilliard, COO, or Nick Berchtold, CFO, all of Energy Focus, Inc.,
    +1-440-715-1300

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




    IDO Security Announces Worldwide Commercial Availability of MagShoe Shoe-Scanning Security DevicePartners with Leading Contract Manufacturer UNI to Meet Growing Demand for High-Volume Production of Innovative "Shoes-On" Metal Detector

    HOLLYWOOD, Fla., May 8 /PRNewswire-FirstCall/ -- IDO Security, Inc. (BULLETIN BOARD: IDOI) , developer of the innovative MagShoe(TM) "shoes-on" metal detector system, today announced that it has selected a leading contract manufacturer, UNI Sophisticated Electronic Assembling Ltd. (http://www.unis.co.il/), to make MagShoe commercially available for global sales. The announcement follows months of testing and research to enable the high-volume production of MagShoe, and accommodate explosive demand for the device in response to heightened security concerns worldwide.

    "The MagShoe goes where traditional metal detectors can't, instantly and accurately detecting metal items concealed in footwear without requiring the removal of shoes. Accordingly, there has been tremendous demand from businesses of all types, all over the world, that require a more complete, reliable approach to security and loss prevention," said Michael Goldberg, President and Director of IDO Security. "Our partnership with UNI allows us to fulfill that demand quickly and seamlessly, regardless of volume or need."

    IDO Security has already completed a number of successful test pilots with MagShoe at international airports, government agencies, cruise lines and other high-security targets in Israel, Poland, the United States and more. Purchase orders and implementations have quickly followed, with additional demonstrations currently in progress in countries around the world.

    "We're excited to provide IDO Security with the ability to flexibly respond to global requests for MagShoe on a commercial scale," said Ezra Shmueli, Managing Director of UNI. "UNI's state-of-the-art facilities and proven assembly processes deliver top quality, precision and speed for the manufacture of a broad range of industry-leading technology, aerospace, military and other products."

    About UNI

    UNI - Sophisticated Electronic Assembling Ltd. is a prominent leading Israeli PCB assembling company which provides productive lines for electronic & mechanic assembling of various products, as well as turnkey solutions and integration. UNI offers superior quality and swift professional solutions for leading hi-tech companies. Special emphasis is placed on each and every detail of the work process, taking into account the special needs of different customers and their products for military, civilian and medical purposes. We escort our customers starting from consulting, throughout designing & developing PCBs and prototype, prior to mass production. UNI means -- you & I shall work together in cordial and complete co-operation. http://www.unis.co.il/

    About IDO Security

    Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented MagShoe(TM) metal detector system. MagShoe fills a critical void in today's metal detectors by extending screening to the lower body and feet. MagShoe's "shoes-on" design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety. Ideal for security and loss prevention at virtually any facility, MagShoe is currently in use at international airports, cruise lines, government agencies, private homes and more. http://www.idosecurityinc.com/

    Forward Looking Statements: A number of statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release because of certain exclusions under Section 27A (b). These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, uncertainties related to the development of IDO's business plan, and the ability to secure additional sources of financing. The actual results that IDO may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. IDO encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB.

    MEDIA CONTACT: Kevin McLaughlin 609-279-0050 x102 kevin@resoundmarketing.com COMPANY CONTACT: Michael Goldberg 646-214-1234 mg@idosecurityinc.com

    IDO Security, Inc.

    CONTACT: Michael Goldberg of IDO Security, Inc., +1-646-214-1234,
    mg@idosecurityinc.com; or Kevin McLaughlin, +1-609-279-0050 x102,
    kevin@resoundmarketing.com, for IDO Security, Inc.

    Web site: http://www.idosecurityinc.com/
    http://www.unis.co.il/




    8x8 Announces Lower International Calling Rates and New Virtual Numbers in MexicoCalls to China now just $.01 per minute

    SANTA CLARA, Calif., May 8 /PRNewswire-FirstCall/ -- 8x8, Inc. , provider of Packet8 (http://www.packet8.net/) broadband Voice over Internet Protocol (VoIP), videophone and mobile VoIP communication services, today announced it has reduced Packet8 international calling rates to select countries and added Mexico to the list of overseas locations where subscribers may obtain a virtual phone number.

    Packet8 subscribers can now save even more on calls to popular countries with the following new rates: $.01 per minute to China, $.059 per minute to India, $.10 per minute to Vietnam and $.13 per minute to the Philippines. These rates are available to all Packet8 business and residential customers, including MobileTalk subscribers who not only realize significant cost savings over cellular international calling rates, but also enjoy the convenience and flexibility of using their mobile phone when calling overseas. Complete details regarding international calling rates for all available locations can be found here: http://www.packet8.net/international_services/. For frequent international callers, Packet8 offers unlimited global calling plans starting at $29.99 per month.

    8x8 also announced the availability of International Virtual Numbers in Mexico. Packet8 subscribers who would like to establish a "virtual" presence in Mexico for business or personal reasons may secure a local phone number from one of 16 cities in that country for just $9.99 per month. International Virtual Numbers are often used by business subscribers to create the appearance of a local office in another country and by residential subscribers who wish to save family members and friends living outside the U.S. money on international calling. Packet8 currently offers International Virtual Numbers in 19 different countries which are listed here: http://sims.packet8.net/Documents/710076_13_International_Rate_Centers_For_Vir tual_Numbers.pdf.

    About 8x8, Inc.

    8x8, Inc., the second largest standalone digital phone service provider in the U.S., offers internet-based telephony solutions (http://www.packet8.net/) for individual residential and business users as well as small to medium sized business organizations. In addition to residential Packet8 service plans priced as low as $24.99 per month for unlimited anytime calling to the U.S., Canada and eight additional countries, 8x8 offers the Packet8 Tango Video Terminal Adapter along with accompanying monthly service plans also priced at $24.99 per month. Packet8 Virtual Office, 8x8's business phone system for small to medium sized companies, is a hosted PBX solution comprised of powerful business class features. Companies subscribing to Virtual Office pay just $49.99 per month per extension for enterprise class PBX functionality along with unlimited local and long distance calling in the U.S. and Canada. The Packet8 Complete Contact Center(TM) is a hosted multimedia call center distribution and management platform that works with any broadband Internet service and provides enterprise class contact center functionality combined with Virtual Office hosted iPBX calling features and business calling plans. Packet8 Softalk Office(TM), 8x8's PC-based soft phone client, offers high quality voice and video in-network calling as well as outbound calling to the PSTN. Packet8 MobileTalk(TM) is a breakthrough mobile service that dramatically improves the overall mobile international calling experience by routing overseas mobile phone calls over the award-winning, patent-protected Packet8 digital VoIP network. For additional company information, visit 8x8's web site at http://www.8x8.com/.

    8x8, Inc.

    CONTACT: Joan Citelli of 8x8, Inc., +1-408-687-4320, jcitelli@8x8.com

    Web site: http://www.8x8.com/
    http://www.packet8.net/




    Verizon Business Broadens Efforts to Help Iraq-Based Troops Connect With Families at HomeFree Calling, Cisco TelePresence, USO Sponsorship Help Unite Loved Ones During Mother's Day, Father's Day and Independence Day

    BASKING RIDGE, N.J., May 8 /PRNewswire/ -- Doing its part to support the troops, Verizon Business is expanding its use of technology to help U.S. military personnel based in Iraq stay in touch with their families at home.

    The company, for the fifth consecutive year, is providing free calling for Iraq-based troops May 8-14 in honor of Mother's Day; June 12-18 for Father's Day; and July 2-8 for Independence Day. The calls home are made possible through a state-of-the-art Verizon Business mobile communications vehicle currently deployed in Iraq.

    "With Mother's Day, Father's Day and the Fourth of July approaching, we're doing our part to harness a wide range of technologies to help troops stay in touch with loved ones over the holidays," said Susan Zeleniak, group president, Verizon Federal, a sales organization within Verizon Business dedicated to serving federal government customers.

    Face-to-Face Reunions

    Verizon Business also is teaming with Cisco, Wal-Mart and the USO to provide free video connections between two bases in Iraq and two Wal-Mart stores. Verizon Business is providing the Internet protocol (IP) connections for Cisco's lifelike immersive video technology, known as Cisco TelePresence. Special Cisco TelePresence rooms are available at Wal-Mart stores located near Camp Pendleton, Calif., and Fort Drum, N.Y., between April 2 and July 6.

    "Working with Cisco and Wal-Mart this year, we are able to bring families together face-to-face even though they're located at opposite ends of the world," Zeleniak said.

    Cisco TelePresence replicates face-to-face interaction so realistically that it feels as if everyone is sitting in the same room. The high-quality audio and high-definition video will operate over the Verizon Business Private IP network.

    Support for USO Expands

    In addition, Verizon Business is joining Thursday (May 8) with the USO of Metropolitan Washington (USO-Metro) for the opening of the organization's new lounge at Ronald Reagan Washington National Airport. The USO provides services and programs free of charge to enhance the military community's quality of life. Verizon Business is a Premier Partner of the new lounge and is also a USO-Metro Partner at the USO International Gateway Lounge at Baltimore/Washington International Thurgood Marshall Airport, as well as the newly opened USO Lounge at Washington Dulles International Airport.

    In addition to helping fund the lounges, Verizon Business also provides free phone calling anywhere in the world via Wi-Fi wireless phones using Verizon Business voice-over-Internet protocol (VoIP) service available in the USO lounges. Verizon Business also provides free dedicated Internet access at both Dulles and Reagan airports so members of the armed services can stay in touch with their loved ones via e-mail or pass time surfing the Internet.

    Verizon Business is the first USO-Metro Partner to provide financial support to the USO lounges in all three Washington DC-area airports.

    To view a video on Verizon Business's work with the USO, visit http://www.verizonbusiness.com/us/resources/media/player.xml?media=uso .

    Verizon Business is the largest provider of communications services to the U.S. federal government and one of the largest providers of advanced communications and information technology services globally. The company offers local-to-global network capabilities coupled with a broad range of telecommunications products and services -- including advanced Internet protocol (IP) services, managed network services and systems integration -- to all levels of government. With this broad portfolio of services, Verizon Business can provide federal agencies with one-stop shopping for their communications or connectivity needs. The company has built the next-generation services that are helping to transform the way government customers -- and their constituents -- do business.

    About Verizon Business

    Verizon Business, a unit of Verizon Communications , is a global IP leader and network-based partner for delivering integrated communications and information technology (IT) solutions to large-business and government customers worldwide. Combining unsurpassed reach with managed services, security, mobility, collaboration and professional services capabilities, Verizon Business delivers global solutions that power innovation and enable its customers to do business better. For more information, visit http://www.verizonbusiness.com/.

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

    Verizon Business

    CONTACT: Stefanie Scott, +1-512-495-6730, stefanie.scott@verizon.com

    Web site: http://www.verizon.com/
    http://www.verizonbusiness.com/

    Company News On-Call: http://www.prnewswire.com/comp/618232.html




    Webcast Alert: Longtop Financial Technlogies Limited Q4 and Full Year Earnings Call for Fiscal Year 2007

    XIAMEN, China, May 8 /PRNewswire-FirstCall/ -- Longtop Financial Technologies Limited ("Longtop") , today announced that it will release financial results for the quarter and fiscal year ended March 31, 2008 on May 19, 2008 (US Eastern Time) before the market opens.

    What: Longtop Financial Technlogies Limited Q4 and Full Year Earnings Call for Fiscal Year 2007 When: 7am May 19 Eastern Time Where: http://www.longtop.com/en/index.asp How: Live over the Internet -- Simply log on to the web at the address above.

    Longtop is a leading software development and solutions provider targeting the financial services industry in China. Longtop develops and delivers a comprehensive range of software applications and solutions with a focus on meeting the rapidly growing IT needs of the financial services institutions in China. Longtop has five solution delivery centers, three research centers and thirty four service centers located in 20 provinces throughout China. Longtop was founded in 1996 by Jia Xiaogong, Chairman, and Lian Weizhou, CEO as a system integration company focusing on the financial services industry in China and made the transition to a software and solutions provider in 2001. For more information, please visit: http://www.longtop.com/en.

    Minimum Requirements to listen to broadcast:

    The Windows Media Player software, downloadable free from http://www.microsoft.com/ and at least a 56Kbps connection to the Internet. If you experience problems listening to the webcast, send an E-mail to: webcast@multivu.com.

    Audio: http://www.longtop.com/en/index.asp Longtop Financial Technologies Limited

    CONTACT: Charles Zhang, Director of IR, Longtop Financial Technologies
    Limited, ir@longtop.com, +86-10-84217758

    Web site: http://www.longtop.com/en




    Hughes Affirms Market Leadership Surpassing 400,000 Consumer and Small Business Satellite Broadband SubscribersHughesNet meeting the demand for broadband in areas underserved by cable and DSL

    GERMANTOWN, Md., May 8 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite network solutions and services, today announced that the number of HughesNet(R) residential and small business subscribers passed the 400,000 mark in the first quarter of this year, affirming Hughes' position as the leading provider of broadband satellite Internet access to consumers and small businesses in the U.S.

    "The continued growth in our subscriber base is evidence of the need for broadband access everywhere in the U.S.," said Mike Cook, senior vice president of Hughes. "High-speed Internet is a fundamental part of our lives, and HughesNet is proving that satellite broadband is the right solution for families and small businesses throughout the country who aren't served by cable or DSL providers."

    Cook added, "Hughes pioneered the consumer/small business satellite broadband market, and our success is built on over 30 years of experience providing satellite networks and services to enterprises and governments worldwide."

    With its newly operational SPACEWAY(TM) 3 satellite, North America's highest traffic carrying Ka-band satellite, Hughes is ideally positioned to meet the continuing demand for broadband services by customers not served by landline providers well into the future.

    HughesNet is the country's leading broadband satellite Internet service, available everywhere in the contiguous United States with a clear view of the southern sky. HughesNet can be purchased online at http://www.hughesnet.com/ or through our network of local, independent dealers and online resellers.

    For more information about HughesNet, please visit our Website, http://www.hughesnet.com/ or call 1-888-667-5537.

    About Hughes Network Systems

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

    Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes maintains sales and support offices worldwide. Hughes is a wholly owned subsidiary of Hughes Communications, Inc. ). For additional information, please visit http://www.hughes.com/.

    HUGHES, HughesNet, and SPACEWAY are trademarks of Hughes Network Systems, LLC.

    Hughes Network Systems, LLC

    CONTACT: Judy Blake of Hughes Network Systems, +1-301-601-7330,
    jblake@hns.com; Donna Armstrong, Brodeur, +1-202-775-2650,
    darmstrong@brodeur.com

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

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