Companies news

RDM Corporation Announces TSX Acceptance of Normal Course Issuer BidToronto Stock Exchange Symbol: RC

WATERLOO, ON, May 9 /PRNewswire-FirstCall/ -- RDM Corporation (TSX: RC), a leading developer of specialized software and hardware products for electronic payment processing, announced today a Notice of Intention to make a Normal Course Issuer Bid (the "Bid") has been filed with and accepted by the Toronto Stock Exchange (the "TSX"). Pursuant to the Bid, RDM may purchase of up to 1,074,391 common shares, representing approximately 5 per cent of the issued and outstanding common shares as of May 1, 2008. The purchases may commence on May 13, 2008 and will terminate on May 12, 2009, or on such earlier date that RDM completes its permitted purchases pursuant to the Notice or provides notice of termination of the Bid. All purchases will be made through the facilities of the TSX at prevailing market prices in accordance with regulatory requirements. Subject to any block purchases made in accordance with TSX rules, RDM will be subject to a daily repurchase restriction of 8,168 common shares. RDM will cancel any common shares purchased pursuant to the normal course issuer bid.

RDM's Board of Directors believes the Company's common shares are currently an attractive investment and that normal course purchases at recent market prices represent an attractive investment and a desirable use of its available funds. As at May 1, 2008, the Company had 21,487,826 issued and outstanding common shares.

About RDM Corporation

RDM Corporation is headquartered in Waterloo, Ontario and trades on the Toronto Stock Exchange under the symbol RC. RDM is a leading provider of specialized software and hardware products for electronic payment processing. RDM has pioneered electronic check conversion systems and web based image and transaction management services for banks, retailers, payment processors and government agencies as well as print quality control and image quality systems for a variety of global customers. For further information, visit RDM's website at http://www.rdmcorp.com/.

RDM Corporation

CONTACT: Douglas Newman, President & CEO, RDM Corporation, (519)
746-8483, (519) 746-3317 fax, dnewman@rdmcorp.com; James Merwin, Chief
Financial Officer, RDM Corporation, (519) 746-8483, (519) 746-3317 fax,
jmerwin@rdmcorp.com

Verizon Wireless Purchases SureWest Communications' Wireless Assets in Northern California

BASKING RIDGE, N.J., May 9 /PRNewswire/ -- Verizon Wireless announced today it has purchased the wireless assets of SureWest Communications, operating as SureWest Wireless, for $69.0 million.

The purchase includes SureWest Wireless' spectrum licenses, and network and operations assets in the greater Sacramento area. The licenses, which cover a population of 3.8 million people and overlap with areas currently served by Verizon Wireless, will expand the company's capacity in that area.

Verizon Wireless will transition SureWest Wireless' approximately 50,000 customers to the Verizon Wireless network by late summer, after a billing system conversion has been completed. Customers will enjoy service on the nation's most reliable wireless network, including the company's high-speed broadband network for accessing the Internet and e-mail, and downloading music, games and videos.

Verizon Wireless will notify customers in the coming months about new services and options that will be available to them when the transition is complete. Until that time, customers will continue on their SureWest Wireless plans.

Verizon Wireless has invested more than $45 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services.

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: Robin B. Nicol, +1-908-559-7515,
Robin.Nicol@verizonwireless.com, or Heidi Flato, +1-925-279-6545,
Heidi.Flato@verizonwireless.com, both of Verizon Wireless

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

Astea International to Webcast First Quarter 2008 Results

HORSHAM, Pa., May 9 /PRNewswire-FirstCall/ -- Astea International Inc. will release the company's first quarter 2008 financial results on Thursday, May 15, 2008. On Friday, May 16, 2008, management will host a conference call that will be broadcast live over the Internet. Zack Bergreen, Chief Executive Officer, Rick Etskovitz, Chief Financial Officer, and John Tobin, President, will host the call.

May 16, 2008 11:00 a.m. EDT http://www.astea.com/

The conference call can be found under the subheading, "About Us," and then "Investors," or use the following URL to access the link: http://www.astea.com/about_investors.asp. To listen to the live call via the Internet, please go to the website at least fifteen minutes early to register, download, and install any necessary audio software. To listen to the live call via the telephone, please call 1-877-407-3140. For calls from outside North America, please dial 1-201-689-8473. For those who cannot listen to the live broadcast, a replay will be available, via the Internet, two hours after the call and will remain available for sixty days.

About Astea International

Astea International is a global provider of service management software that addresses the unique needs of companies who manage capital equipment, mission critical assets and human capital. With the acquisition of FieldCentrix, Astea complements its existing portfolio with the industry's leading mobile field service execution solutions. Astea is helping companies drive even higher levels of customer satisfaction with faster response times and proactive communication, creating a seamless, consistent and highly personalized experience at every customer relationship touch point. Since its inception in 1979, Astea has licensed applications to companies, around the world, in a wide range of sectors including information technology, telecommunications, instruments and controls, business systems, HVAC, gaming/leisure, imaging, industrial equipment, and medical devices.

http://www.astea.com/. Service Smart. Enterprise Proven.

Astea and Astea Alliance are trademarks of Astea International Inc. All other company and product names contained herein are trademarks of the respective holders.

Astea International Inc.

CONTACT: Rick Etskovitz, Chief Financial Officer of Astea International
Inc., +1-215-682-2500, retskovitz@astea.com

Web site: http://www.astea.com/
http://www.astea.com/about_investors.asp

Iomega Reports First Quarter Financial ResultsFiles Form 10-Q with the SEC

SAN DIEGO, May 9 /PRNewswire-FirstCall/ -- Iomega Corporation today reported net revenue of $95.9 million and net income of $1.9 million, or $0.04 per diluted share, for the quarter ended March 30, 2008. In comparison, first quarter 2007 net revenue was $76.0 million with net income of $1.1 million, or $0.02 per diluted share. Additional information about Iomega's first quarter financial results is contained in our first quarter 10-Q, filed today with the SEC.

Cash, cash equivalents, long term cash and temporary investments decreased $16.9 million from the end of December 2007 due primarily to timing of working capital requirements during the quarter. During April, we generated approximately $7 million of cash excluding the previously announced $7.5 million termination fee paid to the ExcelStor Group.

About Iomega

Iomega Corporation, headquartered in San Diego, is a worldwide leader in innovative storage and network security solutions for small- and mid-sized businesses, consumers and others. The Company has sold more than 400 million digital storage drives and disks since its inception in 1980. Today, Iomega's product portfolio includes industry leading network attached storage products, external hard drives, and the own award-winning removable storage technology, the REV(R) Backup Drive. OfficeScreen(R), Iomega's managed security services, which are available in the U.S. and select markets in Europe, provide enterprise quality perimeter security and secure remote network access for SMBs, which help protect small enterprises from data theft and liability. To learn about all of Iomega's digital storage products and managed services solutions, please go to the Web at http://www.iomega.com/. Resellers can visit Iomega at http://www.iomega.com/ipartner.

Copyright(C) 2008 Iomega Corporation. All rights reserved. Iomega, Zip, REV, and OfficeScreen are either registered trademarks or trademarks of Iomega Corporation in the United States and/or other countries. Certain other product names, brand names and company names may be trademarks or designations of their respective owners.

Legal Statements

THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER TO BUY OR THE SOLICITATION OF AN OFFER TO SELL ANY SECURITIES. THE SOLICITATION AND THE OFFER TO BUY SHARES OF IOMEGA'S COMMON STOCK IS ONLY BEING MADE PURSUANT TO THE TENDER OFFER STATEMENT ON SCHEDULE TO, INCLUDING THE OFFER TO PURCHASE, THE RELATED LETTER OF TRANSMITTAL AND OTHER TENDER OFFER MATERIALS THAT EMERGE MERGER CORPORATION, A WHOLLY OWNED SUBSIDIARY OF EMC CORPORATION, FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON APRIL 24, 2008, AS AMENDED. IOMEGA HAS ALSO FILED A SOLICITATION/RECOMMENDATION STATEMENT WITH THE SECURITIES AND EXCHANGE COMMISSION IN CONNECTION WITH THE TENDER OFFER. IOMEGA STOCKHOLDERS SHOULD READ THESE MATERIALS CAREFULLY PRIOR TO MAKING ANY DECISIONS WITH RESPECT TO THE OFFER BECAUSE THEY CONTAIN IMPORTANT INFORMATION, INCLUDING THE TERMS AND CONDITIONS OF THE OFFER. IOMEGA STOCKHOLDERS WILL BE ABLE TO OBTAIN THE TENDER OFFER STATEMENT ON SCHEDULE TO, THE OFFER TO PURCHASE, THE RELATED LETTER OF TRANSMITTAL , THE SOLICITATION/RECOMMENDATION STATEMENT AND OTHER RELATED MATERIALS WITH RESPECT TO THE OFFER, FREE OF CHARGE AT THE WEBSITE OF THE SECURITIES AND EXCHANGE COMMISSION AT http://www.sec.gov/. IN ADDITION, A COPY OF THESE MATERIALS MAY BE OBTAINED AT NO CHARGE BY DIRECTING A REQUEST BY MAIL TO MORROW & CO., INC., 470 WEST AVENUE, STAMFORD, CONNECTICUT 06902 OR BY CALLING TOLL-FREE (800) 607-9400.

Media, please contact: Chris Romoser, Iomega Corporation, (858) 314-7148, romoser@iomega.com Analysts/Investors, please contact: Preston Romm, Iomega Corporation, (858) 314-7188, romm@iomega.com IOMEGA CORPORATION CONDENSED STATEMENTS OF OPERATIONS - QTD (In thousands, except per share data) (Unaudited) For the Three Months Ended Mar. 30, % of Apr. 1, % of Dec. 31, % of 2008 Sales 2007 Sales 2007 Sales Sales $95,900 100.0% $75,984 100.0% $120,644 100.0% Cost of Sales 81,927 85.4% 61,681 81.2% 99,783 82.7% Gross margin 13,973 14.6% 14,303 18.8% 20,861 17.3% Operating Expenses: Selling, general and administrative (1) 10,615 11.1% 10,120 13.3% 14,610 12.1% Research and development 1,929 2.0% 1,739 2.3% 2,711 2.2% License and patent fee income (1,278) (1.3%) (350) (0.5%) (3,500) (2.9%) Goodwill impairment charge - 0.0% 1,710 2.3% - 0.0% Restructuring reversals - 0.0% (38) (0.1%) (109) (0.1%) Total operating expenses 11,266 11.7% 13,181 17.3% 13,712 11.4% Operating Income 2,707 2.8% 1,122 1.5% 7,149 5.9% Interest and other income and expense, net 229 0.2% 255 0.3% 1,083 0.9% Income Before Income Taxes 2,936 3.1% 1,377 1.8% 8,232 6.8% Provision for Income Taxes (991) (1.0%) (228) (0.3%) (1,710) (1.4%) Net Income $1,945 2.0% $1,149 1.5% $6,522 5.4% Net Income Per Share $0.04 $0.02 $0.12 Diluted Income Per Share $0.04 $0.02 $0.12 Weighted Average Common Shares Outstanding 54,765 54,733 54,764 Weighted Average Common Shares Outstanding - Assuming Dilution 55,384 54,979 55,305 (1) Q1 2008 and Q4 2007 includes $0.7 million and $1.2 million of professional fees paid to 3rd parties in connection with the anticipated ExcelStor Group and/or EMC acquisition, respectively. PRODUCT SALES AND OPERATING INCOME (LOSS) - QTD (In thousands) (Unaudited) For the Three Months Ended Mar. 30, % of Apr. 1, % of Dec. 31, % of 2008 Sales 2007 Sales 2007 Sales Sales: Consumer Products: Consumer Storage Solutions (1) $74,989 78.2% $52,489 69.1% $96,863 80.3% Zip 2,803 2.9% 5,518 7.3% 2,853 2.4% Business Products: REV 6,835 7.1% 11,204 14.7% 9,186 7.6% Network Storage Systems (2) 9,078 9.5% 4,738 6.2% 8,949 7.4% Services (3) 1,984 2.1% 1,892 2.5% 2,763 2.3% Other Products 211 0.2% 143 0.2% 30 0.0% Total Sales $95,900 $75,984 $120,644 Product Operating Income (Loss): Consumer Products: Consumer Storage Solutions (1) $(999) $354 $2,641 Zip (4) 1,543 355 1,056 Business Products: REV 272 304 252 Network Storage Systems (2) 700 409 (206) Services (3) (99) (520) (51) Other Products (5)(6) 1,290 182 3,348 Restructuring reversals - 38 109 Operating Income $2,707 $1,122 $7,149 (1) Consumer Storage Solutions is comprised of hard disk, optical and floppy drives. (2) Includes Network HDD drives. (3) Includes the System Integration and Managed Services businesses of CSCI, Inc. and miscellaneous Iomega services. (4) Q1 2007 included a pre-tax, non-cash $1.7 million goodwill impairment charge. (5) Q4 2007 includes a pre-tax, cash benefit of $3.5 million related to a prior license of intellectual property. (6) Q1 2008 includes a pre-tax, cash benefit of $1.3 million related to patent sales and license of intellectual property. IOMEGA CORPORATION CONDENSED BALANCE SHEETS (In thousands) (Unaudited) Mar. 30, Dec. 31, 2008 2007 ASSETS: Cash and cash equivalents $39,699 $53,559 Restricted cash 107 93 Temporary investments 7,909 9,961 Total cash 47,715 63,613 Trade receivables, net 41,000 41,101 Inventories 59,078 79,883 Deferred income taxes 2,175 2,175 Other current assets 3,323 2,902 Total Current Assets 153,291 189,674 Property and equipment, net 3,452 3,867 Long-term cash investments - 1,000 Intangible and other assets 10,617 10,667 $167,360 $205,208 LIABILITIES AND STOCKHOLDERS' EQUITY: Accounts payable $26,148 $61,951 Income taxes payable 3,839 3,368 Other current liabilities 23,196 27,862 Total Current Liabilities 53,183 93,181 Deferred income taxes 7,644 8,220 Long-term liabilities 2,983 2,652 Stockholders' equity 103,550 101,155 $167,360 $205,208 CONDENSED STATEMENTS OF CASH FLOWS - YTD (In thousands) (Unaudited) For the Three Months Ended Mar. 30, Apr. 1, 2008 2007 Cash Flows from Operating Activities: Net Income $1,945 $1,149 Revenue and Expense Adjustments (1) 1,104 2,246 3,049 3,395 Changes in Assets and Liabilities: Trade receivables 337 7,325 Restricted cash (14) - Inventories 20,352 901 Other current assets (421) 444 Accounts payable (35,803) 225 Accrued restructuring - (1,501) Other current liabilities and income taxes (4,195) (2,178) Net cash used in operating activities (16,695) 8,611 Cash Flows from Investing Activities: Purchases of property and equipment (263) (117) Proceeds from sales of assets 2 49 Sales of temporary investments 8,075 3,704 Purchases of temporary investments (4,984) (2,054) Net change in other assets and other liabilities - 44 Net cash provided by investing activities 2,830 1,626 Cash Flows from Financing Activities: Proceeds from sales of Common Stock 5 2 Tax benefit from dispositions of employee stock - - Net cash provided by financing activities 5 2 Net (Decrease) Increase in Cash and Cash Equivalents (13,860) 10,239 Cash and Cash Equivalents at Beginning of Period 53,559 56,617 Cash and Cash Equivalents at End of Period $39,699 $66,856 (1) 2007 includes a $1.7 million non-cash, goodwill impairment charge.

Iomega Corporation

CONTACT: Media, Chris Romoser, +1-858-314-7148, romoser@iomega.com, or
Analysts-Investors, Preston Romm, +1-858-314-7188, romm@iomega.com, both of
Iomega Corporation

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

China Security & Surveillance Announces Resignation of President, Mr. Shufang Yang

SHENZHEN, China, May 9 /Xinhua-PRNewswire/ -- China Security & Surveillance Technology, Inc. ('CSST'), a leading provider of security solutions in China, today announced that its President, Mr. Shufang Yang, has resigned effective May 6th, 2008. Mr. Yang intends to pursue other endeavors outside of the security industry and his departure is not a result of any disagreement with the Company. Mr. Yang will be retained as a consultant to CSST for five years.

Mr. Yang has been with CSST since the acquisition of Shanghai Chengfeng in July 2006. He was the CEO of Shanghai Chengfeng until August 2006 when he was appointed COO of CSST. His successor at Shanghai Chengfeng, Mr. Sun Hui, who has worked at Chengfeng for seven years, has been successfully running and managing this business since Mr. Yang's promotion to COO.

In January 2008, Mr. Yang was promoted to President and relinquished the COO position to Mr. Daiyou Qian, who was formerly the CEO of Tsingvision Intelligence, a company that CSST acquired in July 2007. Mr. Qian has since successfully taken over the majority of daily operating duties and responsibilities from Mr. Yang.

''Mr. Yang has been a significant contributor to CSST's success since he joined our company in July 2006,'' commented CSST CEO and Chairman, Mr. Guoshen Tu. ''We appreciate Mr. Yang's efforts in guiding our operating strategy through strong periods of growth. As a consultant, he will be an asset to our company in the advisory capacity. I'd also like to wish him the best in his future endeavor.''

''We are pleased that both our managerial and executive teams are now compromised of more professional people with advanced levels of knowledge and expertise. The contributions from these individuals have resulted in increased operating results for our business. We look forward to continually adding skilled, experienced professionals to our team and remain highly encouraged about our prospects for continued growth.''

On the announcement, Mr. Yang commented: ''My decision to relinquish management and operational roles within the group is solely based upon personal considerations. I look forward to continuing to provide my support and business relations as a consultant to the group. I am pleased that CSST is now at the stage where there are a greater number of highly qualified, experienced professionals who can manage and operate CSST's established and emerging business segments more efficiently and effectively.''

About China Security & Surveillance Technology, Inc.

Based in Shenzhen, China, China Security manufactures, distributes, installs and maintains security and surveillance systems throughout the PRC. China Security has manufacturing facilities located in China and an R&D facility which maintains an exclusive collaboration agreement with Beijing University. China Security has built a diversified customer base through its extensive sales and service network that includes numerous points of presence throughout the PRC. To learn more about the Company visit http://www.csst.com/ .

China Security & Surveillance Technology, Inc.

CONTACT: Kewa Luo for the Company at +1-212-984-0688 or ir@csst.com;
investors contact Bill Zima & Ashley Ammon MacFarlane both for ICR at +1-203-
682-8200; media contact Patrick Yu for Fleishman-Hillard Hong Kong at +852-
2530-2577 or Patrick.yu@fleishman.com

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

Pratt & Whitney Rocketdyne Successfully Completes Hot-Fire Tests on Next Generation of Space Launch Vehicle Engine

CANOGA PARK, Calif., May 9 /PRNewswire/ -- Pratt & Whitney Rocketdyne, a United Technologies Corp. company, has spent the last several months successfully completing a series of hot-fire tests on heritage J-2 rocket engine components that are the basis for the new J-2X rocket engine.

The J-2X will power the nation's new Ares I and Ares V launch vehicles scheduled to send astronauts to the International Space Station and return them to the moon by 2020. These initial tests of hardware designated Powerpack 1-A, is providing valuable data to engine designers and paving the way for longer, full power hot-fire tests of actual J-2X engine hardware. It's also a significant milestone placing the J-2X engine one step closer to Critical Design Review scheduled for this fall, and placing the Constellation Program one step closer to reality.

"These powerpack tests provided us with very good data to help as we move forward in the designing and developing of the J-2X," said John Vilja, PWR's program manager for the J-2X. "It's truly exciting to witness and be part of the future as it's unfolding and these successful tests are a tangible piece of that future."

Powerpack 1-A consisted of proven J-2 and J-2S engine components, primarily the fuel oxidizer turbopumps, which pump propellants into the engine combustion chamber to create thrust. The powerpack was test fired for a full 400 seconds at conditions simulating those of a full engine assembly producing the rated thrust level. The purpose of the tests, which began in December 2007, was to simulate the environments under which the new J-2X components will operate. A second powerpack series planned for the 2010 timeframe will test actual J-2X development turbomachinery as an intermediate step to full engine testing.

The core components which made up the J-2X test article originally delivered propellants to the Apollo-era J-2 engine that powered the second and third stages of the Saturn V rockets in the late 1960s and early 1970s.

Pratt & Whitney Rocketdyne, Inc., a part of Pratt & Whitney, is a preferred provider of high-value propulsion, power, energy and innovation system solutions used in a wide variety of government and commercial applications, including the main engines for the space shuttle, Atlas and Delta launch vehicles, missile defense systems and advanced hypersonic engines.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.

Bryan Kidder Erin Dick Pratt & Whitney Rocketdyne Pratt & Whitney Rocketdyne 818 586-2213 818 586-4977 bryan.kidder@pwr.utc.com erin.dick@pwr.utc.com

Pratt & Whitney Rocketdyne

CONTACT: Bryan Kidder, +1-818-586-2213, bryan.kidder@pwr.utc.com, or
Erin Dick, +1-818-586-4977, erin.dick@pwr.utc.com, both of Pratt & Whitney
Rocketdyne

Web site: http://www.pratt-whitney.com/

UTStarcom to Report First Quarter 2008 Financial Results on May 15, 2008

ALAMEDA, Calif., May 9 /PRNewswire-FirstCall/ -- UTStarcom, Inc. , a global leader in IP-based, end-to-end networking solutions and services, today announced that it will report financial results for the first quarter of 2008 after the close of the market on Thursday, May 15, 2008.

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

The company will host a conference call to discuss the results. The call will take place at 2:00 p.m. (PDT) / 5:00 p.m. (EDT) on May 15, 2008. The conference call dial-in numbers are as follows: United States -- 888-398-3046; International -- 706-902-1962. The conference ID number is 47434965.

A replay of the call will be available for 30 days. The conference call replay numbers are as follows: United States -- 800-642-1687; International -- 706-645-9291. The Access Code is 47434965.

Investors will also have the opportunity to listen to the conference call and the replay over the Internet through the investor relations section of UTStarcom's Web site at: http://www.utstar.com/.

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

About UTStarcom, Inc.

UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company develops, manufactures and markets its broadband, wireless, and terminal solutions to network operators in both emerging and established telecommunications markets worldwide. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. UTStarcom was founded in 1991 and is headquartered in Alameda, California. The company has research and development centers in the USA, Canada, China, Korea and India.

For more information about UTStarcom, please visit the UTStarcom Web site at http://www.utstar.com/.

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

CONTACT: Barry Hutton, Senior Director, Investor Relations of UTStarcom,
Inc., +1-510-769-2807, barry.hutton@utstar.com

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

Onstream Media Corporation to Report Fiscal 2008 Second Quarter Financial Results on May 15Management to Update Fiscal 2008 Outlook During 4:30 p.m. ET Conference Call

POMPANO BEACH, Fla., May 9 /PRNewswire-FirstCall/ -- Onstream Media Corporation , an online service provider of live and on-demand internet video, today announced that its management will conduct a conference call at 4:30 p.m. ET on Thursday, May 15, 2008, to discuss its fiscal 2008 second quarter financial results for the period ended March 31, 2008. The Company anticipates releasing financial results and filing its Form 10-QSB after the close of trading on May 15.

During this conference call, Mr. Randy Selman, President and Chief Executive Officer of Onstream Media Corporation and the Company's CFO, Mr. Robert Tomlinson, will discuss the Company's financial results as well as an update for the fiscal 2008 outlook. Management discussion will be followed by an open Q&A session.

The teleconference and related webcast will occur on Thursday, May 15, 2008 at 4:30 p.m. Eastern Time. Interested parties may listen to the presentation live online at http://www.visualwebcaster.com/event.asp?id=48545 or by calling 1-866-682-6100 or 201-499-0416. It is recommended to dial in approximately 10 to 15 minutes prior to the scheduled start time. An audio rebroadcast of the conference call will be archived for one year online at http://www.visualwebcaster.com/event.asp?id=48545.

About Onstream Media:

Onstream Media Corporation is an online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user-generated content in combination with social networks and online video classifieds, utilizing Onstream Media's Auction Video(TM) (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.

Select Onstream Media customers include: AOL, AAA, AXA Equitable Life Insurance Company, Bonnier Corporation, Dell, Deutsche Bank, Disney, National Press Club, NHL, MGM, PR Newswire, Rodale, Inc., Televisa, WireOne, Shareholder.com, and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, eBay, FiveAcross/Cisco and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com/ or call 954-917-6655.

Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.

Media Relations: Investor Relations: Chris Faust Brett Maas FastLane Communications Hayden Communications 973-226-4379 646-536-7331 cfaust@fast-lane.net brett@haydenir.com

Onstream Media Corporation

CONTACT: Media Relations, Chris Faust of FastLane Communications,
+1-973-226-4379, or cfaust@fast-lane.net; or Investor Relations, Brett Maas of
Hayden Communications, +1-646-536-7331, or brett@haydenir.com

Web site: http://www.onstreammedia.com/
http://www.visualwebcaster.com/event.asp?id=48545

Northrop Grumman KC-45: Why We Won - Fleet EffectivenessHighlighting reasons the U.S. Air Force selected the KC-45 Tanker as best for our men and women in uniform.

WASHINGTON, May 9 /PRNewswire-FirstCall/ -- The U.S. Air Force found Northrop Grumman Corporation's bid to build the next generation of aerial refueling tankers superior to Boeing's in four of the five most important selection criteria. Despite this fact, the losing bidder wants the Government Accountability Office to overturn the Air Force decision to award the contract to Northrop Grumman even though the Air Force conducted what even Boeing described as a fair, open and transparent bidding process. Here is another reason Northrop Grumman won, drawn from a list of facts included in a redacted version of a protected Air Force selection document.

Fleet Effectiveness

In the KC-X Request for Proposal, the Air Force analyzed each competing aircraft's operational capability as part of its assessment criteria. To do so, the Air Force simulated the operations of a KC-45 and KC-767 fleet in a highly realistic global conflict scenario using a verified and validated Air Force simulation tool. The tankers had to fly missions operating from real-world bases in a range of demanding roles, such as supporting fighter deployments and refueling combat aircraft. The simulation thus factored in the complex interactions of aircraft performance in the context of ramp space constraints, airfield and ramp strength, distances to multiple refueling orbit locations, and high levels of refueling demand.

After completing the simulation, the Air Force calculated how many KC-135Rs were required to meet demand and divided this total by the number of KC-45s or KC-767s required. The resulting number generated a Fleet Effectiveness Value (FEV), which in essence quantifies the value of each new tanker in terms of KC-135 equivalents.

According to the Air Force's calculations, the KC-767's FEV was 1.79 compared to the KC-45's FEV of 1.90. As the Air Force source selection document stated, "Northrop Grumman (is) more advantageous." The Air Force continued, "Northrop Grumman's FEV of 1.90 is superior to Boeing's FEV of 1.79." What this means, the Air Force went on to explain, is that "Northrop Grumman's proposed aircraft can accomplish the designated scenario ... with 22 fewer aircraft than Boeing's proposed aircraft -- an efficiency of significant value to the government."

The KC-45 provided superior operational performance in realistic combat scenarios. The Air Force concluded that Northrop Grumman's ability to fulfill future mission needs using fewer aircraft -- at lower cost -- "Was a discriminator" in the Air Force's ultimate decision that Northrop Grumman's bid provided better value than Boeing's offering.

As Sue Payton, the Air Force' chief acquisition officer, put it in a Feb. 29 news conference announcing the award, "Northrop Grumman clearly provided the best value to the government."

About the KC-45

The KC-45 Tanker aircraft will be assembled in Mobile, Ala., and the KC-45 team will employ 48,000 American workers at 230 U.S. companies in 49 states. It will be built by a world-class industrial team led by Northrop Grumman, and includes EADS North America, General Electric Aviation and Sargent Fletcher.

Northrop Grumman Corporation is a global defense and technology company whose 120,000 employees provide innovative systems, products, and solutions in information and services, electronics, aerospace and shipbuilding to government and commercial customers worldwide.

Northrop Grumman Corporation

CONTACT: Randy Belote, +1-703-875-8525, randy.belote@ngc.com, or Tim
Paynter, +1-321-961-1101, tim.paynter@ngc.com, both of Northrop Grumman
Corporation

Web site: http://www.northropgrumman.com/kc45

Verizon Business Earns 'Cisco 2007 U.S. Partner Provider of the Year,' Other Top Awards for U.S. and CanadaFour Awards Highlight Performance Excellence, Customer Satisfaction, Outstanding Security Capabilities

BASKING RIDGE, N.J., May 9 /PRNewswire/ -- Verizon Business' outstanding performance and success as a Cisco channel partner has earned it the Cisco 2007 Partner Provider of the Year award and three other top awards for services sold in the U.S. and Canada.

In addition to the partner provider award, Verizon Business received the Cisco Managed Security Services Award for the U.S. and Canada, the Cisco U.S. Top Federal Systems Integrator Award, and the Cisco U.S. and Canada channel award for Excellence in Access Router Attach.

"In 2007, we moved our collaboration with Cisco to a new level, and these awards underscore our success in meeting this goal," said Nancy Gofus, senior vice president and chief marketing officer, Verizon Business. "Our relationship with Cisco and the ability to leverage the power of our IP capabilities support Verizon Business' position as a global leader in the delivery of managed network and security services."

Wendy Bahr, vice president of U.S. and Canada channels at Cisco, said, "I had the honor and privilege of recognizing Verizon Business as a four-time Cisco Partner Summit award winner. Verizon Business continues to be an industry-leading service provider, and these awards recognize Verizon Business' performance and success as a Cisco channel partner in United States and Canada during 2007."

The awards were presented in April at Cisco's annual partner summit in Honolulu. Cisco selected Verizon Business from among all of its U.S. and Canadian Certified Channel Partners.

Cisco Partner Summit Awards are presented to channel partners that meet a specific set of requirements designed to identify the best channel partner in each category. Cisco has built a formalized nomination and selection process that begins with each sales theater, or region, nominating a channel partner for each category. Nominations are reviewed and final selections made by a group of Cisco worldwide and regional channel executives. Customer satisfaction is the basic criterion for all the awards, which also comply with the requirements of the Cisco Channel Partner Program.

Verizon Business, a Cisco Gold Partner, has a worldwide service and support team of more than 6,500 personnel, as well as nearly 1,000 employees with Cisco Qualified Specialist Certifications in advanced routing and switching, advanced wireless, advanced security and advanced unified communications. It also has more than 1,200 global personnel dedicated to the delivery of security solutions. The company received the Cisco 2006 Global Managed Services Partner of the Year Award and the Cisco 2005 Global Service Provider Partner of the Year award recognizing the strength and accomplishments of the Verizon Business Cisco Channel Partner Program.

Today, Verizon Business manages 260,000-plus devices on more than 4,200 customer networks in 142 countries and territories, overseeing non-Verizon connections from more than 60 network providers around the world. Verizon Business' industry-leading service-level commitments for its managed network services and award-winning IMPACT management platform underscore its legacy of service and innovation. Verizon Business also offers a suite of professional network and security services to help customers successfully deploy and manage IP networks. These services range from network assessment and design consulting to project management and capacity planning.

About Verizon Business

Verizon Business, a unit of Verizon Communications , is a leading provider of advanced communications and information technology (IT) solutions to large-business and government customers worldwide. Combining unsurpassed global network reach with advanced communications, security and professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world. 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: Kevin W. Irland of Verizon, +1-703-886-1117,
kevin.w.irland@verizon.com

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

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

Connect with Mom This Mother's Day with Cablevision's Award-Winning Optimum Voice(R) Phone ServiceOptimum Voice Offers Callers the Best Value in Residential Phone Service with Local, Long Distance and International Calling Starting at $29.95 Per Month

BETHPAGE, N.Y., May 9 /PRNewswire-FirstCall/ -- Staying in touch this year for Mother's Day is easier than ever with Optimum Voice, an unlimited flat-rate digital phone service from Cablevision. Optimum Voice and Optimum Voice World Call, the company's innovative international calling plan, allows callers to stay in touch without breaking the bank -- whether Mom is just down the street or even on the other side of the world.

With Optimum Voice digital phone service, voted the "Highest in Residential Telephone Customer Satisfaction in the Mid-Atlantic Region," by J.D. Power and Associates in its recent 2007 survey, and its Optimum Voice World Call plan, callers have a multitude of calling options at low flat monthly rates including 13 advanced calling features. With features including Enhanced Voicemail, Call Waiting, Caller ID, Unlimited 411 Directory Assistance, Three-way calling and its newest enhancement, Caller ID on iO TV(SM), which delivers caller ID messages onscreen to iO TV digital cable television, staying connected to family and loved ones is easier than ever.

"Optimum Voice continues to be recognized as an unbeatable value in residential phone service. With its long list of advanced calling features and unlimited local and long distance calling options at low monthly rates, Optimum Voice makes staying connected to friends and family across the U.S. or even around the world simple and affordable," said Joseph Varello, Cablevision's Vice President of Digital Voice Product Management.

Optimum Voice is available exclusively to Optimum Online(R) high-speed Internet customers. The service includes unlimited calling across the U.S., Canada and Puerto Rico, and a superior array of advanced features like voicemail, call waiting, caller ID, caller ID blocking (*67), call return (*69), three-way calling and call forwarding, directory assistance (411), VIP ringing, find me, caller ID on call waiting, busy redial, anonymous calling and anonymous call blocking -- all at no additional cost. Customers can also keep their existing phone number when signing up for Optimum Voice or get a new one. The service's "My Optimum Voice" web portal allows customers to easily activate account features, listen to voicemail messages through any Web browser, review and sort calling history and manage other settings.

Unlike many Internet phone services, Optimum Voice provides the security of enhanced 911 access for every customer and provides a local number portability option, so new customers who switch from other telephone companies can keep their existing phone number. Optimum Voice service is carried over Cablevision's fiber optic network, not the public Internet, and offers customers a highly reliable voice service with superior value.

For customers who make international calls, Cablevision offers an innovative flat-rate international calling plan, Optimum Voice World Call, giving customers up to 250 minutes per month of calling anywhere in the world, including up to 30 minutes of calls to Cuba, from their Optimum Voice phone for a flat monthly fee of $19.95, delivering more value to customers than any other international calling plan.

About Cablevision

Cablevision Systems Corporation is one of the nation's leading entertainment and telecommunications companies. Its cable television operations serve more than 3 million households in the New York metropolitan area. The company's advanced telecommunications offerings include its iO TV(SM), Optimum Online(R) high-speed Internet, Optimum Voice(R) digital voice-over-cable, and its Optimum Lightpath integrated business communications services. Cablevision's Rainbow Media Holdings LLC operates several successful programming businesses, including AMC, IFC, WE tv and other national and regional networks. In addition to its telecommunications and programming businesses, Cablevision owns Madison Square Garden and its sports teams, the New York Knicks, Rangers and Liberty. The company also operates New York's famed Radio City Music Hall, and owns and operates Clearview Cinemas.

Cablevision Systems Corporation

CONTACT: Sarah Chaikin of Cablevision Systems Corporation,
+1-516-803-2352

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

Virgin Mobile USA, Inc. to Present at Morgan Stanley 13th Annual Communications Conference

WARREN, N.J., May 9 /PRNewswire-FirstCall/ -- John Feehan, Chief Financial Officer of Virgin Mobile USA, Inc. , will present at the Morgan Stanley 13th Annual Communications Conference at the Ritz-Carlton in Washington, D.C., on Tuesday, May 13, 2008, at approximately 2:00 p.m. EDT. Investors may listen to the conference webcast by logging onto Virgin Mobile USA's investor relations homepage at http://investorrelations.virginmobileusa.com/eventdetail.cfm?EventID=54606 one hour before the time of the presentation. The live webcast will also be archived on the Investor Relations website following the conference.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070613/VIRGINMOBILE )

To automatically receive Virgin Mobile USA financial news by e-mail, please visit the Investor Relations section of the Virgin Mobile USA website, http://investorrelations.virginmobileusa.com/ and subscribe to the email alert.

About Virgin Mobile USA, Inc.

Virgin Mobile USA offers more than five million customers control, flexibility and choice in wireless service, rich data content and innovative products without annual contracts. Voice pricing plans range from monthly options with unlimited nights and weekends to by-the-minute offers, allowing consumers to adjust how and what they pay according to their needs. Virgin Mobile USA's smart, stylish and affordable handsets, including the Wild Card, Super Slice and Flare, are available at top retailers in more than 40,000 locations nationwide and online at http://www.virginmobileusa.com/ , with Top-Up cards available at more than 140,000 locations.

J.D. Power and Associates ranked Virgin Mobile USA highest in customer satisfaction among wireless prepaid services in both 2006 and 2007, and its customers report a 90% satisfaction rate. Virgin Mobile USA contributes a portion of profits from downloadable content to The RE*Generation, its pro-social initiative to help homeless youth, and provides postage-paid return envelopes in every new phone package for customers to recycle old phones. Virgin Mobile USA's national coverage is powered by the nationwide Sprint PCS network.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070613/VIRGINMOBILE
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Virgin Mobile USA, Inc.

CONTACT: Media, Jayne Wallace, +1-908-607-4014,
jayne.wallace@virginmobileusa.com, or Investors, Erica Bolton,
+1-908-607-4108, erica.bolton@virginmobileusa.com, both of Virgin Mobile USA,
Inc.

Web site: http://www.virginmobileusa.com/
http://investorrelations.virginmobileusa.com/
http://investorrelations.virginmobileusa.com/eventdetail.cfm?EventID=54606

Time Warner Telecom Wins Two-Year Contract With Colorado's Douglas County School District- Voice, Internet and data agreement supports school district's communications and financial goals

LITTLETON, Colo., May 9 /PRNewswire-FirstCall/ -- Time Warner Telecom, Inc., , a leading provider of managed voice, Internet and data networking solutions for businesses, today announced it has been awarded a $2.5 million, two-year contract to provide a comprehensive set of communications and network services to the Douglas County School District, Colorado's third largest school district. Time Warner Telecom will now provide district-wide Internet services, business continuity and disaster recovery (BCDR) facilities, and continuation and moderate expansion of the existing wide-area network (WAN) for data and voice services based on T-1 circuits.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080312/LAW511LOGO)

"Time Warner Telecom's superior customer service and a consultative approach was a key driver in awarding the contract," said Doug Kissler, director of IT for Douglas County School District. "We truly have a partner in Time Warner Telecom for our communications -- not just a vendor. It's nice to know that Time Warner Telecom will be there to support our team and our technology."

"We maintain a progressive technology vision in the Douglas County School District and seek to provide a technologically-advanced environment that empowers our learners and our community," Kissler added. "In this time of budgetary pressures, the move to Time Warner Telecom will help the District save taxpayer dollars. The features Time Warner Telecom brings will allow DCSD to take another small step toward improving network capacity. They understand our priorities and have delivered flexible and scalable solutions that enable us to maintain our high standards."

The comprehensive contract provides cost savings for the district while expanding their communications infrastructure. Furthermore, the extensive nature of the solution provides the district with enhanced services to enable the district to ensure the reliability and through-put of their bandwidth. Consequently, the district is able to provide a quality-driven network to connect the schools, faculty and administrative offices, all while saving valuable district finances.

"We are pleased to deliver our premier networking and communications capabilities to the Douglas County School District," said Rick Corbett, vice president and general manager of Time Warner Telecom in Denver. "Our considerable experience in servicing educational entities gives Time Warner Telecom a distinct advantage in serving the district's needs. We are committed to upholding the district's high standards in supporting their students, faculty and administration with our advanced solutions and unmatched client support."

Time Warner Telecom is changing its name to tw telecom on July 1, 2008. About Time Warner Telecom

Time Warner Telecom Inc., headquartered in Littleton, Colo., provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP and security, to enterprise organizations and communications services companies throughout the U.S. As a leading provider of integrated and converged network solutions, Time Warner Telecom delivers customers overall economic value, quality, service, and improved business productivity. Time Warner Telecom will change its name to tw telecom on July 1, 2008. Please visit http://www.twtelecom.com/ for more information.

About Douglas County School District

Douglas County School District RE. 1 is one of the fastest growing public school organizations in the nation. It is the third largest school district in Colorado serving more than 51,000 students, and maintains its position as one of the highest performing school districts in the state. Douglas County School District's Vision is to provide students the skills and knowledge necessary to become responsible citizens who contribute to our society. The School District is the largest employer in Douglas County, located in the Southern Denver Metro area.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080312/LAW511LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Time Warner Telecom, Inc.

CONTACT: Patrick Mulcahy of Time Warner Telecom, Inc., +1-303-566-1470,
patrick.mulcahy@twtelecom.com

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

ARRIS Receives DOCSIS(R) 3.0 Certification from CableLabs(R) for Touchstone 702G 160 Mbps E-MTAWhen Deployed with Certified DOCSIS 3.0 CMTS, Cable Operators Assured of End- to-End DOCSIS(R) 3.0 VoIP and High Speed Data Solution

SUWANEE, Ga., May 9 /PRNewswire-FirstCall/ -- ARRIS Group, Inc. , today announced that its Touchstone(R) 702G Embedded Multimedia Terminal Adapter (E-MTA) has received DOCSIS 3.0 Certification in CableLabs' Certification Wave 58. The 702G supports up to four bonded channels in both the upstream and downstream directions, allowing operators to offer up to 120 Mbps upstream and 160 Mbps downstream high speed data services. The 702G also supports two lines of PacketCable compliant carrier grade VoIP.

"This certification wave is another tremendous milestone for ARRIS and the cable industry, and the culmination of several years of effort on the part of cable operators and suppliers," said Bruce McClelland, President, ARRIS Broadband Communications Systems. "Cable operators around the world are demanding new innovative products that combine the many benefits enabled by DOCSIS 3.0 with the power of the voice and data bundle. The Touchstone 702G E-MTA, especially when combined with the C4 CMTS provides a platform for advanced applications for both residential and commercial services."

"We are delighted to be among the first recipients of DOCSIS 3.0 certification," said ARRIS Chief Strategy Officer Tom Cloonan. "This honor marks the beginning of a new era for DOCSIS Cable Data services. Through the use of DOCSIS 3.0 Channel Bonding, MSOs will continue deploying high-capacity Internet service at lower cost to each of their subscribers without being constrained by the capacity of a single DOCSIS channel. As a result, many new applications will be enable that can capitalize on 160 Mbps channels or higher."

About ARRIS

ARRIS is a global communications technology company specializing in the design, engineering and supply of technology supporting triple- and quad-play broadband services for residential and business customers around the world. The company supplies broadband operators with the tools and platforms they need to deliver, reliable telephony, demand driven video, next-generation advertising and high-speed data services. ARRIS products expand and help grow network capacity with access and outside plant construction equipment, reliably deliver voice, video and data services and assure optimal service delivery for end customers. Headquartered in Suwanee, Georgia, USA, ARRIS has R&D centers in Atlanta, Chicago, Beaverton, Wallingford, Cork, Ireland and Shenzhen, China, and operates support and sales offices throughout the world. Information about ARRIS products and services can be found at http://www.arrisi.com/ .

ARRIS Group, Inc.

CONTACT: Media Relations: Alex Swan of ARRIS Group, Inc.,
+1-678-473-8327, alex.swan@arrisi.com

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

BIO-key(R) Announces First Quarter 2008 Earnings Release and Conference Call Schedule

WALL, N.J., May 9 /PRNewswire-FirstCall/ -- BIO-key International, Inc. (BULLETIN BOARD: BKYI) today announced plans to release first quarter 2008 financial results on Thursday, May 15, 2008 before the market opens. In conjunction with the release, BIO-key has scheduled a conference call, which will be broadcast live over the Internet on Thursday, May 15, 2008 at 9:00 a.m. Eastern Time.

What: BIO-key International, Inc. First Quarter 2008 Earnings Conference Call When: Thursday, May 15, 2008 -- 9:00 a.m. Eastern Time Where: Live via phone by dialing 303-205-0033 and asking for the BIO-key call at least 10 minutes prior to the start time. Or live over the Internet by logging on to the web address below. Where: http://www.bio-key.com/

A telephonic replay of the conference call will be available through 11:59 p.m. Eastern Time on May 22, 2008 and may be accessed by calling 303-590-3000 and using the passcode 11114279#. Also, an archive of the webcast will be available shortly after the call on http://www.bio-key.com/ for a period of three months.

About BIO-key

BIO-key International, Inc., headquartered in Wall, New Jersey, develops and delivers advanced identification solutions and information services to law enforcement departments, public safety agencies, and government and private sector customers. BIO-key's mobile wireless technology provides first responders with critical, reliable, real-time data and images from local, state and national databases. BIO-key's high performance, scalable, cost-effective and easy-to-deploy biometric finger identification technology accurately identifies and authenticates users of wireless and enterprise data to improve security, convenience and privacy and to reduce identity theft. Over 750 police departments in North America use BIO-key solutions, making BIO-key the leading supplier of mobile and wireless solutions for law enforcement. (http://www.bio-key.com/)

Contacts: BIO-key International, Inc. Mike DePasquale, CEO 732-359-1111 DRG&E Gus Okwu, Managing Director 404-532-0086

BIO-key International, Inc.

CONTACT: Mike DePasquale, CEO of BIO-key International, Inc.,
+1-732-359-1111; Gus Okwu, Managing Director of DRG&E, +1-404-532-0086, for
BIO-key International, Inc.

Web site: http://www.bio-key.com/

Texas Instruments powered Cable Modems achieve DOCSIS(R) 3.0 certification from CableLabs(R)Momentous achievement is the first step towards mass deployment of next-generation cable products and services

DALLAS, May 9 /PRNewswire/ -- Texas Instruments (TI) congratulates its customers and the cable industry as a whole for achieving certification in CableLabs' Certification Wave 58. TI's innovative PUMA 5 technology provides OEMs with cost-effective solutions to deliver next-generation services such as high-performance IP features to MSOs and operators.

"TI is very excited to celebrate this CableLabs certification milestone with the cable industry and looks forward to working hand-in-hand with our customers to quickly achieve widespread deployment of DOCSIS 3.0 cable modems in the field," said Dennis Rauschmayer, TI's Digital Connected Home general manager. "This has been a long process, but we recognized early the tremendous value DOCSIS 3.0 brings to the industry, as a result we increased our focus and worked closely with the many industry stakeholders to reach this milestone."

Powered by TI's Puma 5 family of products and enabled by innovative DOCSIS 3.0 features such as channel bonding, TI's DOCSIS 3.0 cable modems will offer ultra high downstream bandwidth rates of at least 160 Mbps and 120 Mbps in the often overlooked upstream.

The TI Puma 5 family of chipsets certified in Cable Lab's Certification Wave 58 builds upon a legacy of TI's field proven cable technology, and includes the TNETC4800, TNETC4810 and TNETC4830 chipsets. TI's Puma 5 family of cable modem chipsets is available today and more information is available at http://www.ti.com/corp/docs/landing/puma5.

About Texas Instruments

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

Trademarks

All registered trademarks and other trademarks belong to their respective owners.

DOCSIS and CableLabs are trademarks of Cable Television Laboratories, Inc.

Texas Instruments

CONTACT: Debbie Shemony of Texas Instruments, +1-301-515-6618,
dshemony@ti.com; or Alex Tan of GolinHarris, +1-972-341-2533,
atan@golinharris.com, for Texas Instruments (Please do not publish these
numbers or e-mail addresses.)

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

Carnations Make a Comeback Just in Time for Mother's Day1-800-FLOWERS.COM Forecasts the Carnation as the Season's New Floral Sensation

CARLE PLACE, N.Y., May 9 /PRNewswire-FirstCall/ -- This Mother's Day, the world's largest florist and leading multi-channel retailer, 1-800-FLOWERS.COM, Inc. , is predicting that carnations, a once overlooked flower, will emerge as the season's most stylish and tasteful floral choice. Symbolic of undying love and steadfast loyalty, the colorful bloom is working its way from the fashion runways and into floral bouquets just in time to celebrate Mom.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070507/NYM092LOGO )

"With over 30 years experience in the floral industry, we pride ourselves on the ability to recognize the latest lifestyle trends and incorporate popular aesthetics into our stylish floral designs and distinctive product offering," said Jim McCann, CEO and founder of 1-800-FLOWERS.COM. "By featuring the carnation in a number of artful arrangements, we hope to delight our customers with the most innovative and heartfelt floral selection for Mother's Day and beyond."

In keeping with this new hot trend, 1-800-FLOWERS.COM is offering Mother's Day shoppers a selection of fresh carnation bouquets such as the 30-stem dazzling deep violet 'Moonshadow' Carnations. The online florist is also featuring the bloom in a variety of stunning mixed bouquets like the 1-800-FLOWERS(R) Sorbet Bouquet(TM) for Mom arrangement, a vibrant medley of pink, peach and white roses and carnations wrapped in an exotic Ti leaf.

"Carnations come in a rainbow of colors from pristine white to deep purple and soft pastel yellow to vibrant pink. When paired with complementing accents like lamb's ear or freesia, carnations create a timeless, elegant look," said Julie Mulligan, floral lifestyle expert for 1-800-FLOWERS.COM. "Their layered petals, reminiscent of feminine frills also create a ruffled fullness all moms will adore this Mother's Day," added Julie.

To make sure Mom receives her carnations and other stunning florals on-time, 1-800-FLOWERS.COM is offering their customers same-day delivery. Flowers and gifts can be ordered as late as 11 a.m. EDT on Sunday, May 11 for same-day delivery (in select markets) on Mother's Day. This convenient service will put any last minute shopper at ease and make sure the Mom in their life receives that perfect gift!

The following arrangements are same-day delivered and are sure to "Wow!" Mom this Mother's Day:

-- 1-800-FLOWERS(R) Mother's Love Bouquet(TM) Bursting with beautiful roses, Gerbera daisies, carnations and lilies, our striking Mother's Day arrangement will fill Mom with all the love in your heart! -- 1-800-FLOWERS(R) Pleasantly Purple(TM) for Mom Our colorful Spring arrangement of roses, carnations, lisianthus and more fills Mom's kitchen with purple pizzazz! About 1-800-FLOWERS.COM

1-800-FLOWERS.COM, Inc. is the world's leading florist and a provider of specialty gifts for all occasions. For more than 30 years, 1-800-FLOWERS.COM, Inc. has been providing customers with fresh flowers and the finest selection of plants, gift baskets, gourmet foods, confections and plush stuffed animals perfect for every occasion. 1-800-FLOWERS(R) (1-800-356-9377 or http://www.1800flowers.com/), named one of the top 50 online retailers by Internet Retailer and the recipient of ICMI's 2006 Global Call Center of the Year Award, offers the best of both worlds: exquisite, florist-designed arrangements individually created by some of the nation's top floral artists and hand-delivered the same day by our network of BloomNet(R) Professional Florists, and spectacular flowers shipped overnight from our "Fresh From Our Growers(R)" collection. As always, 100% satisfaction and freshness are guaranteed.

The 1-800-FLOWERS.COM, Inc. collection of brands also includes Gourmet Gifts such as popcorn and specialty treats from The Popcorn Factory(R) (1-800-541-2676 or http://www.thepopcornfactory.com/); exceptional cookies and baked gifts from Cheryl&Co.(R) (1-800-443-8124 or http://www.cherylandco.com/); premium chocolates and confections from Fannie May(R) confections brands (http://www.fanniemay.com/ and http://www.harrylondon.com/); gourmet foods from Greatfood.com(R) (http://www.greatfood.com/); wine gifts from Ambrosia(R) (http://www.ambrosia.com/); gift baskets from 1-800-BASKETS.COM(R) (http://www.1800baskets.com/) as well as Home Decor from Plow & Hearth(R) (1-800-627-1712 or http://www.plowandhearth.com/), Problem Solvers(R) (http://www.problemsolvers.com/), Wind & Weather(R) (http://www.windandweather.com/), and Children's Gifts from HearthSong(R) (http://www.hearthsong.com/) and Magic Cabin(R) (http://www.magiccabin.com/); and the BloomNet(R) international floral wire service, which provides quality products and diverse services to a select network of florists. 1-800-FLOWERS.COM, Inc. stock is traded on the NASDAQ Global Select Market under ticker symbol FLWS.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070507/NYM092LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com 1-800-FLOWERS.COM

CONTACT: Robyn Schweitzer of MWW Group for 1-800-FLOWERS.COM,
+1-212-827-3761, rschweitzer@mww.com

Web site: http://www.1800flowers.com/

NanoSensors Signs Letter of Intent to Acquire The Gaming Network, A.G.

REDWOOD CITY, Calif., May 9 /PRNewswire-FirstCall/ -- NanoSensors, Inc. (BULLETIN BOARD: NNSR) , today announced that it has signed a letter of intent to acquire all of the issued and outstanding shares of The Gaming Network, A.G. ("TGNAG"), a privately owned corporation. Through its subsidiaries and from closing, TGNAG will conduct and offer a European licensed (Malta) software licensing, operation and ancillary services business for online bingo and casino sites operating outside the United States.

In a move to place NanoSensors in a better position to introduce its online-based video console game wagering service, NanoSensors sought to identify an acquisition target that met four key criteria: (1) ownership of a portfolio of revenue producing online and bingo sites, (2) an international user-base, (3) the ability to provide financing for NanoSensors' operating costs as it develops its console service and (4) most importantly, strengthening its management and personnel structure.

"After meeting with TGNAG and understanding its business, it became evident that the acquisition of TGNAG was desirable," said Mr. Robert Baron, NanoSensors' Chairman and CEO. "This acquisition, which fits well with the video console game wagering service that NanoSensors is developing, will add a portfolio of online bingo and casino sites, revenue producing assets, international user-base, infrastructure, and strategic relationships that will enhance NanoSensors' ability to attain its existing business objectives."

The Letter of Intent provides that TGNAG will merge with and into NanoSensor's wholly owned Panamanian subsidiary, Cuchulainn Acquisition Inc. ("Acquisition") (or another wholly owned Panamanian subsidiary of NanoSensors), and for NanoSensors to deliver merger consideration comprised of shares of its common stock to the shareholders of TGNAG. The exact number of shares has not yet been determined; however, the letter of intent contemplates that, upon the consummation of the merger, the shareholders of TGNAG will own between 80 and 85 percent of the outstanding shares of NanoSensors common stock. The Letter of Intent also provides that TGNAG will provide one or more loans to NanoSensors in order to enable it to meet its operating expenses and its expenses in connection with the merger until the merger is completed. In the Letter of Intent, TGNAG grants NanoSensors the right to use TGNAG's corporate name in the corporate name of NanoSensors and in its tradenames, service marks and other commercial indicia The completion of the merger is subject to several closing conditions, including the negotiation and execution of a definitive merger agreement among NanoSensors, TGNAG and Acquisition, the completion of due diligence by the parties, the approval of the transaction by the Board of Directors of NanoSensors, Acquisition and TGNAG and by the shareholders of TGNAG and Acquisition, completion of audited financial statements for The Gaming Network, Inc, a subsidiary of TGNAG, and several further conditions. If a final agreement is signed and the other conditions are satisfied, the merger is expected to close during the third calendar quarter of 2008. However, there can be no assurance that a definitive agreement will be executed or that, if it is, the transaction will be completed.

As previously disclosed, the Company also contemplates that forthwith, the Board of Directors will consider and approve, and submit to the stockholders of NanoSensors for their approval, (i) a Reverse Stock Split, which will have the effect of decreasing the number of issued and outstanding shares of NanoSensors Common Stock after conversion of the NanoSensors Preferred Shares (issued to the former shareholders of Cuchulainn Holdings, Inc.) to 24,178,634 shares, (ii) a reduction in the authorized number of shares of NanoSensors Common Stock from 950,000,000 to 400,000,000 and (iii) increasing the options and shares available for issuance under the NanoSensors 2006 Equity Incentive Plan by 7,200,000 to 8,000,000.

The former holders of Cuchulainn Common Stock now own all of the NanoSensors Preferred Shares, which vote as a single class with the Company's Common Stock and which constitute 82.55% of the voting power in the Company. The Company expects that certain of these holders, who possess a majority of the voting power in the Company, will execute a consent to approve the matters described in the previous paragraph. If such consent be delivered, the Company will file with the SEC and distribute to the stockholders of the Company an information statement describing the proposed action. If the foregoing consent be delivered to the Company, no further action by the stockholders of NanoSensors will be required for the approval of these matters.

About NanoSensors

NanoSensors, Inc. was incorporated in December 2003. It was positioned as a shell company following its announcement, on September 12, 2007, that it would terminate its then current business operations and utilize its corporate assets as a vehicle for the acquisition of an operating business. On November 27, 2007, NanoSensors entered into an Agreement and Plan of Merger with Cuchulainn Holdings, Inc., a Panamanian corporation ("Holdings"), and Acquisition. Cuchulainn was a new corporation formed to establish and operate an online-based video console game wagering service. On January 17, 2008, Holdings was merged with and into Acquisition. As a result of the merger, NanoSensors is executing a new business plan based upon the prior business of Holdings. Prior to the merger, Holdings licensed technology and other intellectual property in order for it to operate an online-based video console game wagering service (the "Service"). The Service enables gamers to compete against other gamers and to place wagers on the outcomes of their games. The outcome of the game play will be determined predominantly upon the skill of the individual participant. The Service will cater to an international community of gamers that plays video games and places wagers online.

Safe Harbor

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks, uncertainties and other facts that could cause the actual future results of the Company to be materially different from such forward looking statements. Closing of the proposed transaction is subject to numerous conditions, including: The completion of the merger is subject to several closing conditions, including the negotiation and execution of a definitive acquisition agreement among NanoSensors, TGNAG and Acquisition, the completion of due diligence by the parties, the approval of the Board of Directors of NanoSensors, Acquisition and TGNAG and by the shareholders of TGNAG and Acquisition completion of audited financial statements for The Gaming Network, Inc, a subsidiary of TGNAG. There can be no assurance that the proposed transaction will be completed, or completed upon the terms as described above. These forward-looking statements are made only as of the date hereof, and we disclaim any obligation to update or revise the information contained in any such forward-looking statements, whether as a result of new information, future events or otherwise.

NanoSensors, Inc.

CONTACT: Robert Baron, +1-650-641-2349, rbaron@fuse.net, for
NanoSensors

General Dynamics UK Secures New Export OpportunityProgram builds on aims of UK Government and International Community

LONDON, May 9 /PRNewswire-FirstCall/ -- General Dynamics United Kingdom Limited has confirmed that it has signed an 85m pounds Sterling GBP ($165m USD) contract to supply a tactical communications and data system as part of the United Kingdom's initiatives to improve economic, educational and defense links with Libya. It will provide communications and data handling capabilities, together with technical and training support, to the Elite Brigade of Libya's armed forces.

The program has been developed with the full support of Her Majesty's Government and is in accordance with both the UK's Defense Industrial Strategy and foreign policy objectives. It recognizes the international reputation of General Dynamics UK as a leading exporter of command, control, communications, computing and intelligence (C4I) capabilities. General Dynamics UK has already achieved export success of similar C4I capabilities with the Netherlands and Romania.

Sandy Wilson, president and managing director of General Dynamics UK, said: "This initiative has been developed with the full help and guidance of the Defense and Security Organization, Department for Business, Enterprise and Regulatory Reform. It complements current business activities in Libya, and other opportunities being explored by European companies."

General Dynamics United Kingdom Limited, a wholly owned subsidiary of General Dynamics , is a leading player in the UK's knowledge economy and industrial base. Established in the United Kingdom for over 40 years, it employs around 1,700 people at eight facilities. A prime contractor and complex systems integrator, working in partnership with the Ministry of Defense (MoD) and other allies, growing key intellectual property, skills and capabilities in its UK research facilities and workforce, whilst harnessing world-leading technology.

General Dynamics UK leads a key MoD Defence Technology Centre research consortium and, together with a growing C4I export program, plays a central role manufacturing and developing technology to deliver Network Enabled Capability and ISTAR in the battlespace. The Company is widely recognized as a leading contender to supply and integrate the next generation of Armored Fighting Vehicles for the British Army.

More information about the company is available online at http://www.generaldynamics.uk.com/.

General Dynamics, headquartered in Falls Church, Va., employs approximately 84,000 people worldwide and reported 2007 revenues of $27.2 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available online at http://www.generaldynamics.com/.

General Dynamics United Kingdom Limited

CONTACT: Mark Douglas of General Dynamics United Kingdom Limited,
+44 (0)207-932-3460, Mobile, +44(0)7879-400-243,
mark.douglas@generaldynamics.uk.com

Web site: http://www.generaldynamics.uk.com/
http://www.generaldynamics.com/

Honeywell and Pratt & Whitney Awarded Engine Demonstrator Contract

PHOENIX and EAST HARTFORD, Conn., May 9 /PRNewswire-FirstCall/ -- The Advanced Turbine Engine Company, LLC (ATEC), a Honeywell and Pratt & Whitney joint venture, was awarded a $108 million contract by the U.S. Army for the Advanced Affordable Turbine Engine (AATE) technology demonstrator program. Pratt & Whitney is a United Technologies Corp. company.

The AATE demonstrator program is designed to validate the technologies needed to achieve the Army's aggressive performance goals of 65 percent improvement in shaft horsepower (SHP)/weight ratio and a 25 percent improvement in specific fuel consumption (SFC) for the next generation 3,000 SHP turboshaft engine. This engine is planned to replace the T700 engine now powering UH-60 BLACK HAWK and AH-64 Apache helicopters.

"ATEC brings together the advanced technologies and engineering expertise of two industry leaders in gas turbine technology and development," said Dave Katariya, ATEC program director and Honeywell engineering director.

Jerry Wheeler, ATEC deputy program director and Pratt & Whitney program manager, said, "The ATEC team is focused on leveraging these strengths to meet the Army's performance goals for the next generation turboshaft engine. The advanced 3,000 SHP market represents a tremendous business growth opportunity, and we are excited about teaming to develop this new engine."

Honeywell and Pratt & Whitney announced the formation of ATEC and the intent to submit a joint proposal to the U.S. Army's Aviation Applied Technology Directorate to develop an advanced turboshaft engine for the Advanced Affordable Turbine Engine technology demonstrator program at the Paris Air Show last year.

About Pratt & Whitney

Pratt & Whitney military engines include the F100 family that powers the F-15 and F-16, the F119 for the F-22 Raptor, the F135 for the F-35 Lightning II, the F117 for the C-17 Globemaster III, the T400 for the UH-1N, the PT6 family that powers the T-6A Texan II, C-12, C-23, T-44 and RC-7, and the PW207 for the A160 Hummingbird. In addition, Pratt & Whitney offers a global network of MRO and MAS focused on maintaining engine readiness for our customers.

About Honeywell

Honeywell International is a $37 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London and Chicago Stock Exchanges. For additional information, please visit http://www.honeywell.com/. Based in Phoenix, Honeywell's $12 billion aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations.

Honeywell's military engines include the AGT1500 powering the Abrams Family of Main Battle Tanks, the HTS900 powering the ARH 70-A, the T55-GA-714A powering the Boeing CH-47, the T53 powering the UH-1H and Cobra helicopters, and the LHTEC T800 powering the Augusta Westland Super Lynx and Future Lynx helicopters. Honeywell operates a global network of MRO service centers offering a broad range of repair capabilities.

This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to changes in government procurement priorities and practices or in the number of aircraft to be built; challenges in the design, development, production and support of technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the companies' Securities and Exchange Commission filings.

Steve Lowry Cathy Gedvilas Pratt & Whitney Military Engines Honeywell 860-557-0122 602-365-5930 steven.lowry@pw.utc.com cathy.gedvilas@honeywell.com

Pratt & Whitney

CONTACT: Steve Lowry of Pratt & Whitney Military Engines,
+1-860-557-0122, steven.lowry@pw.utc.com; or Cathy Gedvilas of Honeywell,
+1-602-365-5930, cathy.gedvilas@honeywell.com

Web site: http://www.pratt-whitney.com/
http://www.honeywell.com/

Verizon Makes Digital Television Upgrade Easy for FiOS TV Customers in New JerseyOnly Verizon Delivers All-Digital TV Over the Nation's Most Advanced Fiber-Optic Network, Straight to Customers' Doors

NEWARK, N.J., May 9 /PRNewswire/ -- With the federal mandate to phase out analog television broadcasts approaching in early 2009, many consumers remain uncertain of what the change means for them. However, Verizon FiOS TV customers are ahead of the game. Verizon FiOS TV is already all-digital, so for most customers there will be no change. At the same time, Verizon is making other changes, and it is taking steps to ensure that customers are not confused by the phaseout of analog broadcasts.

Verizon is phasing out a small number of duplicate analog channels on the FiOS TV service so all customers will enjoy better-quality, all-digital viewing experiences on every set in their homes. Until now, Verizon has provided these duplicate channels to allow digital subscribers to view some limited programming in an analog format without using a set-top box.

The company also has a small number of customers who subscribe to a service that solely offers these duplicate analog channels. Verizon will make the digital transition easy for these customers by providing them with a free digital adapter.

"As we phase out our local analog simulcasts this year, we want to make sure that our small number of affected customers can continue receiving this programming on sets they are using without a set-top box," said Mark Adams, Verizon's marketing director for the New Jersey region. "We're reaching out to those customers now to help them get their free converter box from us so they can enjoy high-quality digital programming on every set in the home."

Customers may also choose to upgrade to a set-top box that lets them see more programming, including high-definition channels, and enables full- featured, interactive services, like extensive video-on-demand programming and Verizon's innovative interactive media guide.

Verizon will phase out the analog channels on a regional basis. FiOS TV customers in New Jersey will see the transition starting June 2. Customers have been notified well in advance by letters, e-mails and phone calls from Verizon. The company also has set up a dedicated Web site, http://www.verizon.com/godigital, to provide answers to common questions about all- digital service.

Advantages of Upgrading to FiOS TV

TV fans who either do not receive all-digital programming from their TV service provider, or who receive only over-the-air broadcasts without a cable or satellite connection, should consider switching to FiOS TV.

"FiOS TV makes any TV look incredible -- even analog sets," said Adams. "The change broadcasters are making to digital signals doesn't mean you need a new TV, but now is a good time to consider the network you're using. When you subscribe to FiOS TV you can have the peace of mind of knowing that you're receiving superior quality, all-digital programming delivered over the nation's most advanced fiber-optic network straight to your home."

Verizon's fiber network delivers amazingly sharp pictures and sound, and has the capacity to transmit a wide array of high-definition programming that is so clear and intense it seems to leap from the TV screen. Verizon's FiOS TV delivers more than 400 all-digital channels, including more than 30 high- definition (HD) channels in the New Jersey market and access to more than 10,000 on-demand titles, 70 percent of which are free. The video-on-demand library also now includes an increasing number of high-definition titles.

Verizon also offers innovative features not available from other providers, such as Home Media DVR (digital video recorder) and FiOS TV Widgets that give instant access to information like local weather and traffic conditions. Home Media DVR has a multi-room DVR feature enabling up to three simultaneous viewings of recorded programs without requiring customers to set up a complex home network or buy extra equipment. Customers also can access photos and music on their PCs and play them on their TV.

The value of FiOS TV extends to the installation and customer support. Specially trained Verizon technicians will install the service and demonstrate FiOS TV features and services.

New Jersey consumers can check online at http://www.verizon.com/fiostv to learn more. Customers can also call their local Verizon sales office or 888-438- 3467.

Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 67 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employed a diverse workforce of approximately 232,000 as of the end of the first quarter 2008 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.

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

Verizon

CONTACT: Heather Wilner, +1-212-321-8333, heather.b.wilner@verizon.com,
or Rich Young, +1-973-649-2279, richard.j.young@verizon.com

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

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

Electronic Control Security, Inc. Announces Quarterly Operating Profit

CLIFTON, N.J., May 9 /PRNewswire-FirstCall/ -- Electronic Control Security, Inc. (BULLETIN BOARD: EKCS) (ECSI), a leading provider of a broad line of electronic security system technologies to the government and private sectors, today announced financial results for the nine months ended March 31, 2008 ("2008 Period") compared to the nine months ended March 31, 2007 ("2007 Period") and three months ended March 31, 2008 compared to the three months ended March 31, 2007.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080509/CLF005 )

Arthur Barchenko, President and CEO, stated, "We had net revenues of $1,891,508 for the 2008 Period as compared to $4,473,518 for the 2007 Period, representing a decrease of approximately 58%. Net revenues for the three months ended March 31, 2008 were $437,133 as compared to $702,574 for the corresponding three-month period in 2007. The decrease in net revenues during the 2008 Period as compared to the 2007 Period is primarily attributable to management's decision to pursue commercial-industrial sales, which afford higher gross margins, rather than the DoD prime contract sales that afford greater sales volume but significantly lower gross margins. Further, task orders awarded on contracts now in-house for the U.S. Air Force IBDSS and ATFP-NAVFAC programs have been delayed due to the governmental approval process and/or lack of funding."

"Gross margins for the 2008 Period were 36.79% as compared to 25.49% of revenue for the 2007 Period. Gross margins were 66.53% of revenue for the three months ended March 31, 2008 compared to 37.21% for the corresponding three-month period in 2007. The increase in gross margins for the three months ended March 31, 2008 compared to the corresponding period in 2007 is primarily attributable to an increase in the order mix of higher gross margin products and design and engineering support services and a decrease in material costs."

"Equally important is the fact that, although the net loss from operations increased from $170,714 in the 2007 Period to $458,293 in the 2008 Period, the three months ended March 31, 2008 yielded a net income from operations of $64,456 compared to a net loss of $119,148 for the corresponding period in 2007. This quarter's profitability reflects the results of management's commitment to controlled profitable sales growth as stated previously."

Mr. Barchenko further stated that, "The Company's selling, general and administrative expenses for the 2008 Period and for the three months ended March 31, 2008 were $937,899 and $200,634, respectively, as compared to $1,181,634 and $343,639, respectively, for each of the corresponding periods in 2007. The decrease is primarily attributable to a concerted effort by management to reduce SG&A including a reduction in personnel to maintain a relationship with the reduction in sales."

"During the quarter ended March 31, 2008, the Company submitted proposals on major projects in the Kingdom of Saudi Arabia, South Korea and Ethiopia and to nuclear power stations, the Department of Energy and Department of Defense facilities in the United States valued at approximately $3,750,000. Of these proposals, $2,250,000 were awarded, and we anticipate approval and funding by the end of the first quarter or early second quarter of fiscal 2009.

Between October and December 2007, the Company was awarded purchase orders for over $675,000 to develop security system solutions for various projects in North Africa and the United States. In January 2008, the Company received a contract for a United Nations facility in North Africa for over $1,500,000 to be delivered over a ten (10) month period against which we began billing in the current quarter. Further, we have started production on the various nuclear power station and Department of Energy projects. The Company received notice from Lockheed Martin that a task order for over $650,000 would be released against the $7.0 million I/D I/Q order previously issued to ECSI by Lockheed Martin on the ATFP NAVFAC contract for delivery in October of 2008. The Company will supply three of its premiere product lines integrated with other technologies and support services to prevent unauthorized entry or access."

The Company is a sub-contractor to Raytheon Services responsible for the sustainment portion on the ATFP-NAVFAC program for the southwest and northwest naval facilities. Raytheon Services has been awarded the contract for these facilities, and the sustainment portion of the contract is valued at over $2,200,000. The contract for sustainment of these facilities is scheduled to be implemented in the October 2008 through 2011 time frame.

ABOUT ECSI

ECSI is recognized as a global leader in perimeter security and an effective quality provider for both the Department of Defense and Homeland Security programs. The Company designs, manufactures and markets physical electronic security systems for high profile, high threat environments. The employment of risk assessment and analysis allows ECSI to determine and address the security needs of government and commercial-industrial installations. The Company has teaming agreements with major system integrators in both the United States and overseas to support the installation and aftermarket. ECSI is located at 790 Bloomfield Avenue, Bldg. C-1, Clifton, NJ 07012. Tel: 973-574-8555; Fax: 973-574-8562. For more information on ECSI and its customers, please visit http://www.anti-terrorism.com/ .

ECSI INTERNATIONAL, INC. SAFE HARBOR STATEMENT:

This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to changes in economic conditions generally and in our industry specifically, changes in security technology, legislative or regulatory changes that affect us, the availability of working capital, changes in costs and the availability of goods and services, the introduction of competing products, changes in our operating strategy or development plans, our ability to attract and retain qualified personnel, changes in our acquisition and capital expenditure plans, and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1 of our Annual Report on Form 10-KSB for the fiscal year ended June 30, 2007 and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080509/CLF005
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Electronic Control Security, Inc.

CONTACT: Mark R. Barchenko, VP Operations of ECSI International, Inc.
+1-973-574-8555, or cell, +1-201-532-2057, m_barchenko@ecsiinternational.com

Web site: http://www.anti-terrorism.com/

First Annual Joan Ganz Cooney Center Symposium Unveils New Research, Reports and Anchors Discussions on the Potential of Digital Media's Role in EducationReport By Gaming Expert and Professor James Paul Gee Urges Adult Mentoring to Leverage Technological Know-How and Decrease Digital GapLeading Innovators, Educators, Journalists and Researchers Convene At Day-Long Event Sponsored By Electronic Arts and McGraw-Hill Education With Support From Corporation for Public Broadcasting (CPB) and PBS KIDS Raising Readers

NEW YORK, May 9 /PRNewswire/ -- At today's first annual Joan Ganz Cooney Center Symposium called "Logging Into The Playground: How Digital Media Are Shaping Children's Learning," thought leaders from across research, communications, education and policy convened to set a new benchmark for the way in which digital media is used to improve children's literacy, learning and development.

As a launching point for this critical dialogue, the symposium featured panels moderated by journalists and experts in the field and revealed the results of three compelling special reports: The Power of Pow! Wham!: Children, Digital Media and Our Nation's Future focusing on the recommendations of over 60 industry leaders who identified key research and policy to accelerate children's learning; Getting Over the Slump: Innovation Strategies to Promote Children's Learning, a report by Arizona State University professor and gaming expert James Paul Gee, featuring potential strategies to promote children's literacy and learning; and finally, a national survey, (commissioned in association with Common Sense Media) exploring the perception of parents and educators about new media's educational potential. The day's events were streamed and viewers were invited to participate on the Global Kids website and in Second Life.

The invitation-only event, sponsored by Electronic Arts (EA) and McGraw-Hill Education (in association with the Corporation for Public Broadcasting (CPB) and PBS KIDS Raising Readers), was held at The McGraw-Hill Companies Building in New York City and featured a keynote speech by Bing Gordon, in one of his last appearances as EA's Chief Creative Officer. It was announced last week that Gordon would be joining the premier venture capital firm Kleiner, Perkins, Caufield & Byers.

The event also marked the addition of a new Center sponsor, Mattel, Inc. In a brief presentation, Gabriel Zalzman, SVP and General Manager, Fisher-Price, announced the partnership and presented Executive Director Michael Levine with a check for one million dollars.

Michael Levine, Executive Director for The Joan Ganz Cooney Center, said: "Digital media is driving what is now a multi-billion-dollar business that shapes the learning and entertainment experiences of most school-age children." He added: "It is our mission to counsel the industry's movers, shakers and policymakers and provide a needed bridge to what has become traditional education's fourth and fifth 'Rs', reform and research. Wise and informed investments will harness the growing power and full potential of digital media's use in educating young children."

Gee's report indicates that the so-called fourth-grade slump, the point where students fail to develop reading comprehension, consistently leads to educational failure while the digital gap leads to a failure to develop 21st-century skills, especially the ability to use knowledge to solve problems.

Gee's report finds that: -- Digital media has the potential to increase vocabulary and the concepts attached to such words, for children whose families are unable to do so. -- Digital media naturally elicits problem-solving behaviors and attitudes in students. -- Digital media can also be used to track and individualize how people learn.

Gee's recommendations include: funding digital research and development to invest in what works; establishing a digital teacher corps for the nation's lowest performing schools; designing alternative assessments and new standards; creating community-based literacy tech centers across the country; establishing Governor's digital partnership schools; and finally, modernizing public broadcasting investments in digital platforms for the next generation.

The potential and limitations for digital media's use in education are also explored in The Power of Pow! Wham! report. Featuring 60 of the industry's most respected leaders in child development, literacy, family policy, digital media production and global knowledge and skills, the report provides a blueprint to accelerate and deepen learning for elementary school children who are immersed in new technologies. Furthermore, the paper underscores that no single person, organization, or program can meet these challenges and that it will take coordinated efforts by researchers, educators, parents' groups, designers, business leaders, policy-makers, and child advocates.

The three interrelated challenges highlighted in the report are: -- Build a coherent research and development effort. -- Use digital tools effectively and safely to help students read well, think critically, broaden geographical and cultural knowledge, and participate in collaborative learning communities. -- Advance digital equity to reach all children.

Also presented was a national study, commissioned by Common Sense Media and the Center, available on both http://www.commonsensemedia.org/ and http://www.joanganzcooneycenter.org/, which indicated that American parents agree by wide margins that digital media skills are important to kids' success in the 21st century. They also expressed skepticism about whether digital media contribute to the development of informal social skills like communicating and working with others.

"Forty years ago, in a paper about the untapped potential of television that became the foundation for Sesame Street's creation, I noted that children are conditioned to expect a pow! wham! factor ... highly visual, and expensively produced material that inspires them to learn," Joan Ganz Cooney said. "Now, the pow! wham! factor has taken a different form, in interactive and electronic games, but the challenges are the same. The Center's mission to fund research, to prod industry leaders in the development of quality products and to bring together some of the industry's greatest minds, will hopefully help the next generation learn the skills they need to be successful in the digital age."

The agenda for the day-long symposium also featured child-led demonstrations of new technologies and a hands-on forum promoting two dozen of the best digital media initiatives in the world. Attendees were shown one of the first demonstrations of BOOM BLOX, a new game for Nintendo Wii developed by EA in association with director Steven Spielberg along with promising emerging technologies from exhibitors including: Community Building with Google Earth by Google Earth creator and Google Chief Technology Advocate, Michael T. Jones; Web-based books in English and Spanish by the Center for Applied Special Technology, to help individuals, especially those most at risk, to gain knowledge, skills, and enthusiasm for reading; IBM's Traducelo AHORA! ("Translate Now!") that uses IBM WebSphere software to translate web sites from English to Spanish for schools, community organizations, as well as parents so they can correspond directly with teachers no matter what language is spoken at home; and an Apple in the Classroom demo by Kathy Shirley, an Apple Distinguished Educator, on using iPods to strengthen reading fluency and comprehension.

Journalists and experts in the field of digital media for children including Time Magazine's Claudia Wallis, author Lisa Guernsey and Children's Technology Review Editor and New York Times columnist Warren Buckleitner, moderated and participated in panels on a variety of topics including the ways in which digital media shapes literacy development, critical thinking, creativity and cultural awareness. In addition, they discussed how to meet the new challenges that come with the growth of digital media, emerging learning technologies and which priorities the next President and the critical sectors should tackle first.

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/.

About Electronic Arts

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

About the Joan Ganz Cooney Center

The Joan Ganz Cooney Center at Sesame Workshop (http://www.joanganzcooneycenter.org/) is an independent, not for profit research center that examines the role of new technologies in learning and literacy development both in and out of school. The Center conducts and supports research, creates educational models and interactive media properties, and builds cross-sector partnerships to scale-up best practices. Based at Sesame Workshop, the center is named for Sesame Workshop's visionary founder, who revolutionized television with the creation of Sesame Street. Core funding for the Center is provided by the generous support of Peter G. Peterson, Genius Products, Mattel, Inc. and Sesame Workshop.

Contacts: Jodi Lefkowitz Sesame Workshop 212-875-6497 jodi.lefkowitz@sesameworkshop.org Stephanie Baumoel FerenComm for Sesame Workshop 212-983-9898 stephanieb@ferencomm.com

McGraw-Hill Education; The Joan Ganz Cooney Center

CONTACT: Jodi Lefkowitz
Sesame Workshop
+1-212-875-6497
jodi.lefkowitz@sesameworkshop.org
Stephanie Baumoel
FerenComm for Sesame Workshop
+1-212-983-9898
stephanieb@ferencomm.com

Web site: http://www.mheducation.com/
http://www.joanganzcooneycenter.org/
http://www.commonsensemedia.org/
http://www.ea.com/
http://info.ea.com/

Sonus Networks Announces Participation in Upcoming Financial Conferences

WESTFORD, Mass., May 9 /PRNewswire-FirstCall/ -- Sonus Networks, Inc. , a market leader in IP communications infrastructure, announced today that company executives will participate in the following upcoming events with the financial community:

Robert Baird & Co. 2008 Growth Stock Conference Chicago, Illinois Tuesday, May 13th, 3.05pm CT Speaker: Vikram Saksena, Chief Technology Officer and Rick Gaynor, Chief Financial Officer, Sonus Networks. JPMorgan Technology Conference Boston, Massachusetts Wednesday, May 21st, 2.20pm ET Speaker: Hassan Ahmed, Chairman, President and CEO and Rick Gaynor, Chief Financial Officer, Sonus Networks. Lehman Brothers Conference New York City, New York Wednesday, May 28th, 11.45am ET Speaker: Hassan Ahmed, Chairman, President and CEO and Rick Gaynor, Chief Financial Officer, Sonus Networks. FBR Capital Markets Spring Investor Conference New York City, New York Thursday, May 29th, 12.50pm ET Speaker: Vikram Saksena, Chief Technology Officer and Rick Gaynor, Chief Financial Officer, Sonus Networks. About Sonus Networks

Sonus Networks, Inc. is a market leader in IP communications infrastructure for wireline and wireless service providers. With its comprehensive IP Multimedia Subsystem (IMS) solution, Sonus addresses the full range of carrier applications, including residential and business voice services, wireless voice and multimedia, trunking and tandem switching, carrier interconnection and enhanced services. Sonus' voice infrastructure solutions are deployed in service provider networks worldwide. Founded in 1997, Sonus is headquartered in Westford, Massachusetts. Additional information on Sonus is available at http://www.sonusnet.com/.

Sonus is a registered trademark of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

For more information, please contact: Sonus Investor Relations: Sonus Media Relations: Jocelyn Philbrook Lucy Millington 978-614-8672 978-614-8240 jphilbrook@sonusnet.com lmillington@sonusnet.com

Sonus Networks, Inc.

CONTACT: Investor Relations: Jocelyn Philbrook, +1-978-614-8672,
jphilbrook@sonusnet.com, or Media Relations: Lucy Millington, +1-978-614-8240,
lmillington@sonusnet.com, both of Sonus Networks, Inc.

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