SAIC Awarded ENCORE II Information Technology Solutions Contract From DISACompany to Provide IT Services and Solutions to the Military Services, Department of Defense (DoD) and Other Agencies of the Federal Government

SAN DIEGO and MCLEAN, Va., May 13 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced it has been awarded a contract from the Defense Information Systems Agency (DISA), Defense Information Technology Contracting Organization (DITCO) -- Scott Field Office, to provide global net-centric capabilities, attributes or services and IT solutions to the military services, DoD and other agencies of the Federal Government. The multiple-award, indefinite-delivery/indefinite-quantity contract has a five-year base period of performance, five one-year options and a contract ceiling value of $12.225 billion if all options are exercised. Work will be performed throughout the United States and internationally as required.

The contract will support DoD's transformation to a network-centric environment which seeks to improve situational awareness by enhancing how the military services share information. Under the contract, SAIC will support command, control, communications, computers, intelligence, surveillance and reconnaissance areas, in addition to all elements of the Global Information Grid. SAIC will deliver a broad range of information technology (IT) services and solutions including enterprise policy and planning, network engineering, integrated solutions management, security engineering certification and accreditation, custom application development, and analytical support for implementing IT solutions.

"The ENCORE II contract is a critical contract award that enables SAIC to build upon relationships with DISA and the many DoD and federal agencies," said Deb Alderson, SAIC group president. "We look forward to providing quality IT solutions to these important customers that encompass a range of capabilities from legacy systems to new, emerging net-centric technologies."

About SAIC

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

SAIC: From Science to Solutions(R)

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

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

SAIC

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

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

Visage Imaging to Provide Fully Integrated Thin Client-Based Solution to Tufts Medical Center

CARLSBAD, Calif., May 13 /PRNewswire-FirstCall/ -- Visage Imaging, Inc., a wholly owned subsidiary of Mercury Computer Systems, Inc. , announced it was selected by Tufts Medical Center, Boston, MA, to provide a Visage(R) CS Thin Client/Server system with the fully integrated Visage Cardiac Analysis Package. Tufts Medical Center is a world-class academic medical center offering outstanding patient care, teaching generations of future physicians the most advanced medical science, and breaking new ground with ongoing, innovative research.

The Visage CS Cardiac Analysis system fully integrates advanced and quantitative cardiac tools into the workflow and technology platform so that they can be accessed on all clients, making dedicated cardiac workstations no longer necessary. Viewing and post processing of even the largest cardiac CT studies is available at the click of a mouse, allowing cardiologists and other clinicians to easily share precious resources such as CT scanners and other imaging equipment. The original CT and cardiac CT data from multiple potential sources can be managed and archived consistently in a single system across the entire hospital enterprise.

"We are very pleased to have Tufts Medical Center as our customer, and are committed to providing state-of-the-art technology necessary to their continued success," said Marcelo Lima, President of Visage Imaging, Inc. "With our more than 20 years of expertise and innovation in medical imaging, we offer our customers tailored solutions with flexible integration, making us the ideal partner for the hospital enterprise."

Visage Imaging, Inc. - Visioneering Science for Life

Visage Imaging, Inc. designs and engineers clinical products that present its customers with the ability to overcome demanding market challenges and improve diagnostic results with accuracy and expedience. As a wholly owned subsidiary of Mercury Computer Systems, Inc., Visage Imaging incorporates Mercury's 20 years of technical expertise and deep knowledge of the science behind diagnostic applications into its practice. Visage Imaging leverages this experience to push the boundaries of what is possible within its domain.

Through collaborative learning, Visage Imaging has built a nimble, creative organization: one that is first to market with innovative 3D clinical applications, and offers best-in-class 3D products that are unique and reliable, helping its customers accelerate their own market innovation and clinical benefit.

For more, visit http://www.visageimaging.com/. Forward-Looking Safe Harbor Statement

This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to Visage Imaging, Inc.'s product line and Thinnovation solutions. You can identify these statements by our use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, general economic and business conditions, including unforeseen weakness in Visage Imaging's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, continued funding of defense programs, the timing of such funding, changes in the U.S. Government's interpretation of federal procurement rules and regulations, market acceptance of Visage Imaging's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, and difficulties in retaining key customers. These risks and uncertainties also include such additional risk factors as are discussed in Mercury Computer Systems, Inc.'s recent filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2007. Visage Imaging cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Visage Imaging undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

Contacts: Gabi Strasser, Public Relations Manager Visage Imaging Phone: +49 (0)911 97341-205 E-mail: gstrasser@visageimaging.com Kathy Sniezek, Corporate Public Relations Manager Mercury Computer Systems, Inc. Phone: 978-967-1126 E-mail: ksniezek@mc.com

Visage is a registered trademark, and Visage Imaging, and Visioneering Science for Life are trademarks of Mercury Computer Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.

Photo: http://www.newscom.com/cgi-bin/prnh/20030930/MERCURYCSLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Mercury Computer Systems, Inc.

CONTACT: Kathy Sniezek, Corporate Public Relations Manager of Mercury
Computer Systems, Inc., +1-978-967-1126, ksniezek@mc.com; or Gabi Strasser,
Public Relations Manager of Visage Imaging, +49 (0)911 97341-205,
gstrasser@visageimaging.com

Web site: http://www.visageimaging.com/
http://www.mc.com/

U.S. Cellular Webcasts 2008 Annual Meeting of the Shareholders

CHICAGO, May 13 /PRNewswire-FirstCall/ -- United States Cellular Corporation announces the following Webcast:

What: U.S. Cellular 2008 Annual Meeting of the Shareholders When: May 20, 2008 @ 9:30 EDT Where: http://www.videonewswire.com/event.asp?id=48513 How: Live over the Internet -- Simply log on to the web at the address above. Contact: Julie Mathews, 312/592-5341

If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.teldta.com/.

United States Cellular Corporation is the nation's sixth-largest, full-service wireless carrier. U.S. Cellular operates on a customer satisfaction strategy, meeting customer needs by providing a comprehensive range of wireless products and services, excellent customer support, and a high-quality network.

Audio: http://www.videonewswire.com/event.asp?id=48513 United States Cellular Corporation

CONTACT: Julie Mathews of United States Cellular Corporation,
+1-312-592-5341

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

Qualcomm and AsiaTelco Enter into a 3G CDMA Subscriber Unit and Modem Card License Agreement

SAN DIEGO, May 13 /PRNewswire-FirstCall/ -- Qualcomm Incorporated , a leading developer and innovator of advanced wireless technologies and data solutions, and AsiaTelco Technologies Holding Company Limited (AsiaTelco), a leading supplier of CDMA terminal products, today announced they have entered into a subscriber unit and modem card license agreement. Under the terms of the royalty bearing agreement, Qualcomm has granted AsiaTelco a worldwide patent license to develop, manufacture and sell subscriber units and modem cards implementing the CDMA2000(R), WCDMA and TD- SCDMA standards. The royalties payable by AsiaTelco are at Qualcomm's standard worldwide rates and are the same irrespective of the CDMA standard implemented by the subscriber unit or modem card.

"Qualcomm is committed to helping advance the convergence of mobile communications and consumer electronics," said Marvin Blecker, president of Qualcomm Technology Licensing. "AsiaTelco's license will enable the company to expand its existing offerings to include all 3G CDMA standards and to join market leaders in driving down handset prices and increasing wireless capabilities."

"We are pleased to sign this 3G CDMA license agreement with Qualcomm," said Jason Ding, CEO and president of AsiaTelco. "The growth of 3G subscribers around the world and the increasing number of operators launching 3G networks demonstrate the strength of the technology. AsiaTelco looks forward to expanding in this market and enabling new ways for people to stay connected."

AsiaTelco Technologies (http://www.asiatelco.com/) is one of the leaders in developing and supplying low-cost and feature-rich CDMA terminal products and modem cards. The company has its operations in BVI, Shanghai and Hong Kong. With many years of experience in CDMA technologies, the company has been well- positioned in the field and its products have been well accepted worldwide.

Qualcomm Incorporated (http://www.qualcomm.com/) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2008 FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker symbol QCOM.

Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the Company's ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA is deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 30, 2007, and most recent Form 10-Q.

Qualcomm is a registered trademark of Qualcomm Incorporated. CDMA2000 is a registered trademark of the Telecommunications Industry Association (TIA USA). All other trademarks are the property of their respective owners.

Qualcomm Contacts: Emily Kilpatrick, Corporate Communications Phone: 1-858-845-5959 Email: corpcomm@qualcomm.com John Gilbert, Investor Relations Phone: 1-858-658-4813 Email: ir@qualcomm.com AsiaTelco Contacts: Candy Wang Phone: +86-21-51688806 Email: cwang@asiatelco.com

Qualcomm Incorporated

CONTACT: Emily Kilpatrick, Corporate Communications, +1-858-845-5959,
corpcomm@qualcomm.com, or John Gilbert, Investor Relations, +1-858-658-4813,
ir@qualcomm.com, both of Qualcomm; or Candy Wang of AsiaTelco,
+86-21-51688806, cwang@asiatelco.com

Web site: http://www.qualcomm.com/
http://www.asiatelco.com/

Mindspeed(R) Selects CEVA-X1641 DSP and CEVA-XS1200A Subsystem for High Performance Next Generation Network ApplicationsCEVA DSPs and Subsystems to be deployed for advanced media and physical layer processing supporting next generation service provider solutions.

SAN JOSE, Calif., May 13 /PRNewswire-FirstCall/ -- CEVA, Inc. [; ], a leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores, today announced that Mindspeed Technologies, Inc. , a leading supplier of semiconductor solutions for network infrastructure applications, has licensed the CEVA-X1641 DSP Core and CEVA-XS1200A Subsystem to power a new generation of high-performance IP-based next generation network (NGN) media and data solutions.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051010/CEVALOGO)

Mindspeed's highly-integrated carrier class processors address the demand from service providers for NGN solutions in optical, copper, and wireless networks to lowers capital equipment and maintenance costs while offering the opportunity for additional revenues through these advanced network services. The CEVA-X Quad-MAC DSP provides Mindspeed with the signal processing capability necessary to deploy complex flexible next generation media and physical layer IP-based solutions. By licensing the CEVA solution, Mindspeed is ideally positioned to exploit the trend toward adoption of increasingly complex advanced DSP algorithms in next generation networks.

"The latest CEVA-X platform enables Mindspeed to provide flexible multi-service network SoCs which provide operators with compelling revenue enhancing solutions for a wide variety of existing and emerging media and physical layer processes," said Jim Johnston, CTO of Mindspeed's multiservice access business unit. "The performance, flexibility and low power consumption of the CEVA-X DSP and subsystem architecture combined with the broad offering of software solutions enables us to further differentiate our products and quickly develop future generations of industry-leading solutions."

"Mindspeed is a leader in the development of network infrastructure SoCs and their selection of our CEVA-X1641 DSP core and CEVA-XS1200A subsystem is a strong endorsement of our technology for high performance, cost-effective, carrier grade equipment," said Gideon Wertheizer, CEO of CEVA. "This latest deployment of our technology is also in line with our strategy to expand our market reach beyond the cellular and the consumer markets and into the telecom and wireless gateways market including carrier infrastructure, residential gateways, femtocells and more."

About Mindspeed Technologies(R)

Mindspeed Technologies, Inc. designs, develops and sells semiconductor networking solutions for communications applications in enterprise, access, metropolitan and wide area networks. The company's three key product families include high-performance analog transmission and switching solutions, multiservice access products designed to support voice and data services across wireline and wireless networks, and WAN communications solutions including T/E carrier physical-layer and link-layer devices as well as ATM/MPLS network processors. Mindspeed's products are used in a wide variety of network infrastructure equipment, including voice and media gateways, high-speed routers, switches, access multiplexers, cross-connect systems, add-drop multiplexers and digital loop carrier equipment. To learn more, visit http://www.mindspeed.com/.

About CEVA, Inc.

Headquartered in San Jose, Calif., CEVA is a leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores for mobile, consumer electronics and storage applications. CEVA's IP portfolio includes comprehensive solutions for multimedia, audio, voice over packet (VoP), Bluetooth and Serial ATA (SATA), and a wide range of programmable DSP cores and subsystems with different price/performance metrics serving multiple markets. In 2007, CEVA's IP was shipped in over 225 million devices. For more information, visit http://www.ceva-dsp.com/

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20051010/CEVALOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com CEVA, Inc.

CONTACT: Richard Kingston of CEVA, Inc., +1-408-514-2976,
richard.kingston@ceva-dsp.com; or Mike Sottak of Wired Island, Ltd.,
+1-408-876-4418, mike@wiredislandpr.com, for CEVA, Inc.

Web site: http://www.ceva-dsp.com/
http://www.mindspeed.com/

Sonic Foundry Hosts Second Annual Mediasite User ConferenceUNLEASH 2008 attracts participants from around the globe

MADISON, Wis., May 13 /PRNewswire-FirstCall/ -- Sonic Foundry, Inc. , the recognized market leader for rich media webcasting and knowledge management, today opened UNLEASH 2008, the annual Mediasite User Conference. In just its second year UNLEASH 2008 has attracted nearly 200 attendees from 30 states and seven countries, and become an important rich media resource for universities and corporations to share Mediasite best practices and learn innovative webcasting applications.

"UNLEASH is a great opportunity to meet with not only the engineers and technical staff from Sonic Foundry but also a chance to engage to some of the best minds from the world of rich media," said Kelly Parke, York University and chair of Mediasite User Group Steering Committee. "Meeting other Mediasite users from around the world is eye opening. I came to the realization that we all have the same passion to empower our communities using this technology. By sharing our experiences at UNLEASH, we enrich the global community with knowledge and give a global voice to our respective Mediasite communities."

UNLEASH 2008 features three information-packed days of intensive discussion, networking, tips and techniques, best practices and creative uses of Mediasite. Based on feedback from the user community, Sonic Foundry doubled the conference sessions to now host presentations by leading analysts and two full tracks giving attendees the option to choose between application-focused or technology-focused sessions. The conference takes place May 13 - 15 at the Madison Concourse Hotel and Governor's Club in Madison, Wisconsin. All sessions will be recorded with Mediasite and available both on-demand for conference participants.

"We're honored to create this unique venue for our Mediasite community," said Rimas Buinevicius, chairman and CEO of Sonic Foundry. "We look forward to hearing the thoughts and ideas this conference will generate, and offer our sincere thanks to the UNLEASH 2008 attendees and the entire Mediasite community for their continued support."

Since its introduction in 2003, Sonic Foundry's Mediasite has set the standard as a transformational communication medium for delivering critical information and sharing knowledge. Trusted by corporations, government, health and education institutions, the patented Mediasite webcasting and content management system quickly and cost-effectively automates the capture, management, delivery and search of rich media presentations that combine audio, video and accompanying graphics for live or on-demand viewing.

About Sonic Foundry(R), Inc.

Founded in 1991, Sonic Foundry is the recognized market leader for rich media webcasting and knowledge management, providing education and training solutions and services that link an information-driven world. Based in Madison, Wisconsin, the company has received numerous awards including the 2007 Frost & Sullivan Global Market Leadership Award, Ziff Davis Media's Baseline Magazine's sixth fastest-growing software company with sales under $150 million and Deloitte's Technology Fast 500. Named a Bersin & Associates 2007 Learning Leader, Sonic Foundry's webcasting and knowledge management solutions are trusted by education institutions, Fortune 500 companies and government agencies for a variety of critical communication needs. Sonic Foundry is changing the way organizations communicate via the web and how people around the globe receive vital information needed for education, business, professional advancement and safety. Product and service names mentioned herein are the trademarks of Sonic Foundry, Inc. or their respective owners.

Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for Sonic Foundry's products, its ability to succeed in capturing significant revenues from media services and/or systems, the effect of new competitors in its market, integration of acquired business and other risk factors identified from time to time in its filings with the Securities and Exchange Commission.

Sonic Foundry, Inc.

CONTACT: Tammy Kramer of Sonic Foundry, Inc., +1-608-237-8592
tammyk@sonicfoundry.com

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

Cimatron's Q1/2008 Results Release Scheduled for May 20thConference Call Scheduled for May 20th, 2008 at 9:00 EST

GIVAT SHMUEL, Israel, May 13 /PRNewswire-FirstCall/ -- Cimatron Limited , a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, announced today that it will be releasing its Q1/2008 financial results on Tuesday, May 20th, 2008, before the US market opens.

Cimatron's management will host a conference call that same day, at 9:00 EST, 16:00 Israel time. On the call, management will review and discuss the results, and will also be available to answer questions by investors.

To participate, please call one of the following teleconferencing numbers. Please begin placing your call at least 5 minutes before the conference call commences.

USA: +1-888-668-9141 Israel: 03-9180609 International: +972-3-9180609

For those unable to listen to the live call, a replay of the call will be available from the day after the call under the investor relations section of Cimatron's website, at: http://www.cimatron.com/

About Cimatron

With over 25 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts. Cimatron is committed to providing comprehensive, cost-effective solutions that streamline manufacturing cycles, enable collaboration with outside vendors, and ultimately shorten product delivery time.

The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design, die design, electrodes design, 2.5 to 5 axes milling, wire EDM, turn, Mill-turn, rotary milling, multi-task machining, and tombstone machining. Cimatron's subsidiaries and extensive distribution network serve and support customers in the automotive, aerospace, medical, consumer plastics, electronics, and other industries in over 40 countries worldwide.

Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company web site at: http://www.cimatron.com/.

Safe Harbor Statement

This press release includes forward looking statements, within the meaning of the Private Securities Litigation Reform Act Of 1995, which are subject to risk and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to the company's plans, objectives and expected financial and operating results. The words "may," "could," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions or variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of the future performance and involve risks and uncertainties, many of which are beyond the company's ability to control. The risks and uncertainties that may affect forward looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, marketing demand for Cimatron products and services, long sales cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchanges Commission. The company cannot assess the impact of or the extent to which any single factor or risk, or combination of them, may cause. Cimatron undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

Contact: Ilan Erez, Chief Financial Officer Cimatron Ltd. Tel: +972-3-531-2121 Email: ilane@cimatron.com Yael Nevat Commitment-IR.com Tel: +972-9-714 8866 +972-50-762-6215 E-mail: yael@commitment-IR.com

Cimatron Ltd

CONTACT: Contact: Ilan Erez, Chief Financial Officer, Cimatron Ltd.,
Tel: +972-3-531-2121, Email: ilane@cimatron.com; Yael Nevat,
Commitment-IR.com, Tel: +972-9-714 8866, +972-50-762-6215, E-mail:
yael@commitment-IR.com

GigaMedia: Profit up 43% to Record $12.1 Million in Q1

Highlights of First-Quarter 2008 Unaudited Results -- Consolidated revenues increased 51 percent to a record US$54.6 million from US$36.1 million in the same quarter in 2007 and grew by 15 percent from the previous quarter. -- Consolidated operating income climbed 49 percent to a record US$12.9 million from US$8.7 million in the same quarter in 2007 and jumped by 39 percent from the previous quarter. -- Consolidated net income increased 43 percent to a record US$12.1 million from US$8.5 million in the same quarter in 2007 and grew by 13 percent from the previous quarter. GAAP basic and fully-diluted earnings per share were US$0.22 and US$0.20, respectively. -- Non-GAAP net income was US$12.8 million. Non-GAAP basic and fully- diluted earnings per share were US$0.24 and US$0.21, respectively, which exclude non-cash share-based compensation expenses.

HONG KONG, May 13 /Xinhua-PRNewswire-FirstCall/ -- GigaMedia Limited announced today strong first-quarter results with revenues climbing 51 percent to a record $54.6 million, and operating income rising 49 percent to a record $12.9 million, both in comparison to first quarter 2007, driven by continued strong growth in its poker software business in continental Europe and sharply increased contributions from its online games business in Asia.

Net income was a record US$12.1 million, up 43 percent year-over-year and up 13 percent sequentially over the last quarter of 2007. First-quarter 2008 non-GAAP basic and diluted earnings per share were $0.24 and $0.21, respectively, which exclude non-cash share-based compensation expenses.

''GigaMedia delivered an excellent first quarter based on solid execution in all businesses: strong growth in our world-leading poker software business, record results in our casino software business, and an exciting lift in our Asian online games business,'' stated President Thomas Hui. ''We are driving outstanding growth from our existing products, pointing to even more powerful growth to come from the new offerings we are rolling out this year.''

''We start 2008 with an excellent quarter, a strong foundation from which to introduce a new line-up of top games and offerings," stated CEO Arthur Wang. ''Our plans to launch in Japan this quarter, to add casino products to our poker client and to acquire or partner with a sports betting firm all should drive even greater momentum and make 2008 another record year.''

Consolidated Financial Results GIGAMEDIA 1Q08 CONSOLIDATED FINANCIAL RESULTS (unaudited, 1Q08 1Q07 Change 1Q08 4Q07 Change all figures (%) (%) in US$ thousands, except per share amounts) Revenues 54,629 36,086 51 54,629 47,708 15 Gross Profit 43,149 28,753 50 43,149 37,592 15 Operating Income 12,907 8,665 49 12,907 9,299 39 GAAP Net Income 12,077 8,459 43 12,077 10,659 13 GAAP Net Income Per Share, Diluted 0.20 0.14 41 0.20 0.18 14 Non-GAAP Net Income (A) 12,813 8,749 46 12,813 11,329 13 Non-GAAP Net Income Per Share, Diluted (A) 0.21 0.15 39 0.21 0.19 13 EBITDA (B) 13,929 9,958 40 13,929 11,725 19 Cash, Cash Equivalents and Marketable Securities- Current 79,923 47,984 67 79,923 79,917 0 (A) Non-GAAP net income and non-GAAP net income per share exclude non-cash share-based compensation expenses. (See, ''Use of Non-GAAP Measures," for more details.) (B) EBITDA (earnings before interest, taxes, depreciation, and amortization) is provided as a supplement to results provided in accordance with U.S. generally accepted accounting principles (''GAAP''). (See, ''Use of Non-GAAP Measures," for more details.)

Consolidated revenues for the first quarter increased 51 percent to a record $54.6 million from $36.1 million in the same period of 2007, and grew 15 percent from $47.7 million for the fourth quarter of 2007. Driving the year-over-year and quarter-over-quarter improvements was strong organic growth in GigaMedia's poker software and Asian online games businesses. Period results also benefited from the consolidation and growth of T2CN, GigaMedia's online game platform in China. Significantly increased momentum in T2CN in the first quarter of 2008 reflected successful integration of T2CN with GigaMedia and execution of initial strategic growth initiatives to leverage its leading position in China's large online sports games market.

Consolidated gross profit for the first quarter increased 50 percent to $43.1 million from $28.8 million in 2007 and increased 15 percent quarter- over-quarter from $37.6 million, driven by continued robust gross profit growth in the gaming software business and accelerating contributions from the Asian online games business, whose gross profit more than doubled from the same period in 2007 and grew 37 percent quarter-over-quarter. First-quarter consolidated gross profit margin was 79.0 percent, comparable with 79.7 percent a year ago and 78.8 percent in the previous quarter.

Consolidated operating income for the first quarter grew 49 percent year- over-year to a record $12.9 million from $8.7 million in the first quarter of 2007 and increased 39 percent quarter-over-quarter from $9.3 million in the fourth quarter of 2007.

Driving the year-over-year increase in consolidated operating income was strong operating income growth in the gaming software and Asian online games businesses, which offset declining contributions from the legacy broadband ISP business.

The quarter-over-quarter increase in consolidated operating income reflected strong sequential growth in revenues and operating margin. The company's consolidated operating margin in the first quarter of 2008 was 23.6 percent, a significant increase from 19.5 percent in the previous quarter. The increase in consolidated operating margin was due to an improvement in the operating margin of the gaming software business as a result of reduced marketing expenses, combined with a sharp increase in the operating margin of the Asian online games business in the first quarter of 2008 as revenues surged. (See, ''Business Unit Results,'' for more details.)

Consolidated non-operating income during the first quarter of 2008, totaled approximately $500 thousand, up from non-operating income of approximately $87 thousand a year ago and $353 thousand recorded in the previous quarter. The quarterly sequential increase was primarily due to increases in interest income and gains on sales of marketable securities.

Consolidated net income for the quarter increased 43 percent to a record $12.1 million from $8.5 million in 2007, and grew by 13 percent from the previous quarter. The year-over-year and quarter-over-quarter increases were due to the aforementioned factors impacting operating income and non-operating income, which were partially offset by increases in minority interest income deductions during the periods and increased tax expenses as a portion of tax losses carried forward was either utilized or expired in 2007. GigaMedia's effective tax rate during the first quarter of 2008 was approximately 3.9 percent.

GigaMedia also reports non-GAAP financial measures, including non-GAAP consolidated operating income, non-GAAP consolidated net income, non-GAAP basic and fully-diluted earnings per share, and consolidated EBITDA. The non- GAAP measures are described below and reconciliations to the corresponding GAAP measures are included at the end of this release. (See, ''Use of Non-GAAP Measures,'' for more details.)

Non-GAAP consolidated operating income, non-GAAP consolidated net income, and non-GAAP basic and fully-diluted earnings per share all exclude non-cash share-based compensation charges. First-quarter non-cash share-based compensation charges were $767 thousand, up from $709 thousand in the fourth quarter.

Non-GAAP consolidated operating income was $13.7 million in the first quarter of 2008, up 53 percent year-over-year and up 37 percent quarter-over- quarter. Non-GAAP consolidated net income in the first quarter was $12.8 million, representing an increase of 46 percent over the same period last year and a 13 percent increase over the fourth quarter of 2007. Non-GAAP basic earnings per share were $0.24, a 41 percent increase from 2007 and an increase of 13 percent quarter-over-quarter. Non-GAAP fully-diluted earnings per share were $0.21, a 39 percent increase from the same period last year and up 13 percent compared with the fourth quarter.

Consolidated EBITDA for the first quarter of 2008 grew 40 percent to $13.9 million versus the same period last year, and was up 19 percent from the fourth quarter of 2007. Operating cash flow for the first quarter of 2008 was $9.0 million. Capital expenditures totaled $2.8 million for the period.

GigaMedia continued to maintain a robust balance sheet. Cash, cash equivalents and marketable securities-current were $79.9 million, unchanged from the fourth quarter of 2007. Total loans amounted to $32.2 million at the end of the first quarter of 2008.

Business Unit Results

GigaMedia Limited conducts its online entertainment business in two business segments. The gaming software segment develops and licenses online poker and casino gaming software solutions and application services, primarily targeting emerging continental European markets. The Asian online games segment operates a suite of play-for-fun online games, mainly targeting online gamers in Greater China. A third segment, other business, consists of GigaMedia's legacy broadband ISP operations in Taiwan.

Gaming Software Business (unaudited, in US$ 1Q08 1Q07 Change 1Q08 4Q07 Change thousands) (%) (%) Revenues 38,301 26,271 46 38,301 34,159 12 Gross Profit 32,754 22,675 44 32,754 29,734 10 Operating Income 11,515 8,699 32 11,515 9,818 17 Net Income Before 11,503 8,422 37 11,503 10,561 9 Minority Interests Net Income 11,396 8,292 37 11,396 10,871 5 EBITDA 11,913 8,858 34 11,913 10,859 10

The gaming software business continued to build on its market leading position, delivering record revenues and net income, driven by strong execution in both the poker and casino software businesses.

First-quarter revenues in the gaming software business increased 46 percent year-over-year to a record $38.3 million from $26.3 million and by 12 percent quarter-over-quarter from $34.2 million.

GigaMedia's revenues from the gaming software business derived from providing poker and casino software and services to its master licensee were $16.9 million during the first quarter of 2008. This represented an increase of 40 percent from $12.1 million in 2007 and a 7 percent increase from the fourth quarter of 2007, which totaled $15.8 million. Such revenues are eliminated in consolidation.

Driving this performance were record revenues in GigaMedia's poker software business resulting from continued strong growth in real-money players on Everest Poker, one of the world's leading poker sites. Results also benefited from strong year-over-year and quarterly sequential growth in the casino software business.

Revenues in the poker software vertical were $29.7 million, up 56 percent from the same year-ago period and up 11 percent from the previous quarter. Poker software represented 77 percent of the business unit's total first- quarter 2008 revenues. Approximately 208,000 active depositing real-money customers played on the poker platform during the first quarter, up 14 percent from the previous quarter. During the quarter, approximately 68,000 new depositing real-money poker players were added, up 19 percent quarter-over- quarter.

Revenues in the casino software vertical were $8.6 million during the first quarter. This represented a 20 percent increase from the same period in 2007 and an increase of 17 percent from the previous quarter. Rollout of new video slot games combined with strong cross-marketing to Everest poker players in the first quarter contributed to the strong revenue growth.

First-quarter gross profit grew 44 percent to $32.8 million from $22.7 million in 2007 and was up 10 percent from $29.7 million in the fourth quarter, reflecting strong revenue growth in the periods. Gross profit margin remained relatively stable year-over-year at 85.5 percent versus 86.3 percent in 2007 and declined slightly from 87.0 percent in the preceding quarter, due primarily to increases in bandwidth, engineering and customer service costs.

Total first-quarter selling and marketing expenses were $15.9 million, up 50 percent from $10.6 million in 2007 and down 3 percent quarter-over-quarter from $16.5 million. The year-over-year increase was attributable to increases in payments to marketing affiliates as a result of strong revenue growth, as well as increases in discretionary mass media promotions. The quarter-over- quarter variation was largely due to a reduction in discretionary mass media promotional expenses in the first quarter of 2008 following a series of strong media campaigns in the fourth quarter targeting strategic brand-building opportunities, which resulted in higher than normal selling and marketing expenses in the fourth quarter.

Operating income grew 32 percent to a record $11.5 million from $8.7 million in 2007 and by 17 percent quarter-over-quarter from $9.8 million. Operating margin declined year-over-year to 30.1 percent from 33.1 percent in 2007 due to increases in product development and engineering expenses and selling and marketing expenses. Operating margin increased from 28.7 percent in the fourth quarter of 2007, reflecting the aforementioned sequential reduction in selling and marketing expenses from the fourth quarter.

Net income rose 37 percent to a record $11.4 million from $8.3 million in 2007 and by 5 percent sequentially from $10.9 million in the fourth quarter. EBITDA increased 34 percent year-over-year and grew 10 percent from the fourth quarter of 2007 to $11.9 million from $10.9 million. Capital expenditures totaled approximately $1.7 million for the first quarter.

Asian Online Games Business (unaudited, in 1Q08 1Q07 Change 1Q08 4Q07 Change US$ thousands) (%) (%) Revenues 12,890 5,471 136 12,890 10,074 28 Gross Profit 9,395 4,258 121 9,395 6,847 37 Operating Income 3,708 818 353 3,708 1,219 204 Net Income Before 3,263 889 267 3,263 1,138 187 Minority Interests Net Income 2,557 1,037 147 2,557 1,298 97 EBITDA 3,665 1,488 146 3,665 2,058 78

The Asian online games business more than tripled operating income sequentially on record revenues. Results reflected strong execution, favorable seasonality, and the inherent scalability of the business.

First-quarter revenues in the Asian online games business increased 136 percent to a record $12.9 million from $5.5 million a year ago and were up 28 percent from $10.1 million in the previous quarter. Strong organic growth in FunTown in Taiwan and Hong Kong and consolidation of T2CN in China drove the year-over-year improvement. Quarter-over-quarter revenue growth was led by a 48 percent sequential improvement in T2CN revenues.

First-quarter revenues from FunTown grew 28 percent to $7.0 million from $5.5 million in 2007 and increased 15 percent from $6.1 million in the previous quarter. Year-over-year and quarter-over-quarter growth reflected strong contributions from the advanced casual game Tales Runner, the favorable impact of effective mass media marketing and successful MahJong game events around the Chinese New Year holiday, and appreciation of the New Taiwan dollar against the U.S. dollar. Average monthly active paying accounts were approximately 111,000 during the first quarter, down 5 percent from the fourth quarter, but average monthly revenue per active paying account was $21.09 during the period, up 21 percent quarter-over-quarter. Peak concurrent users were approximately 43,000, a decrease of 12 percent from the fourth quarter.

Total revenues for T2CN in the period climbed sharply to $5.9 million, representing a 48 percent increase from $4.0 million in the fourth quarter. Strong revenue growth was attributable to increased revenue from FreeStyle driven by new game patches, marketing of the game in conjunction with a hit movie, and increased online gamer activity resulting from a severe snowstorm around and during Chinese New Year. Appreciation of the renminbi against the U.S. dollar also contributed to the increase. T2CN's average monthly active paying accounts were approximately 514,000 during the first quarter, up 43 percent from the fourth quarter, and average monthly revenue per active paying account was $3.86 during the period, up 12 percent quarter-over-quarter. Peak concurrent users of FreeStyle were approximately 185,000, an increase of 7 percent from the fourth quarter.

First-quarter gross profit grew 121 percent to $9.4 million from $4.3 million in 2007 and increased by 37 percent sequentially from $6.8 million as a result of strong revenue growth. Gross profit margin decreased year-over- year to 72.9 percent from 77.8 percent in 2007, attributable to the increase in contributions from licensed games, which carry lower margins than self- developed games. Gross profit margin grew significantly sequentially from 68.0 percent in the fourth quarter of 2007 as a result of strong sequential revenue growth on existing game offerings.

Total selling and marketing expenses in the fourth quarter grew 15 percent to $2.6 million from $2.3 million in 2007 and declined 9 percent from $2.9 million in the previous quarter. The year-over-year increase was due to consolidation of T2CN. The quarter-over-quarter decrease was due to a sequential reduction in mass media promotional/advertising expenses.

Operating income jumped 353 percent from the same period in 2007 to a record $3.7 million from $818 thousand, and climbed 204 percent from the previous quarter. First-quarter 2008 operating margin increased sharply to 28.8 percent from 15.0 percent in 2007 and from 12.1 percent in the previous quarter reflecting the inherent scalability of the Asian online games business unit. Specifically, operating margin grew year-over-year primarily due to strong revenue growth and effective control of sales and marketing expenses, which offset the period decline in gross margin and higher general and administrative expenses related to expansion and integration of the Asian online business. The quarter-over-quarter increase in operating margin was mainly attributable to the aforementioned gross profit margin expansion and sequential reduction in selling and marketing expenses.

Net income grew 147 percent to a record $2.6 million from $1.0 million in 2007 and by 97 percent sequentially from $1.3 million in the fourth quarter. The strong growth was due to the aforementioned factors impacting operating income, which more than offset increased minority interest income deductions during the periods.

EBITDA increased 146 percent to $3.7 million from $1.5 million in the first quarter of 2007 and grew 78 percent from $2.1 million in the fourth quarter. Capital expenditures totaled approximately $622 thousand for the first quarter.

Other Business - Legacy Broadband ISP Business (unaudited, in US$ 1Q08 1Q07 Change 1Q08 4Q07 Change thousands) (%) (%) Revenues 3,444 4,353 -21 3,444 3,492 -1 Gross Profit 1,001 1,820 -45 1,001 956 5 Operating Income (Loss) 214 656 -67 214 (107) NA Net Income (Loss) 159 570 -72 159 40 299 EBITDA 400 1,122 -64 400 271 48

Revenues in the legacy broadband ISP business in the first quarter of 2008 were $3.4 million. Revenues during the period decreased 21 percent year-over- year and 1 percent quarter-over-quarter. First-quarter 2008 operating income was $214 thousand, compared to $656 thousand in the first quarter of 2007 and a loss of $107 thousand in the fourth quarter of 2007. Net income in the first quarter of 2008 decreased to $159 thousand from $570 thousand in the same period of 2007 and increased from $40 thousand in the fourth quarter of 2007.

Business Outlook

The following forward-looking statements reflect GigaMedia's expectations as of May 13, 2008. Given potential changes in economic conditions and consumer spending, the evolving nature of gaming software, online games and broadband, and various other risk factors, including those discussed in the company's 2006 Annual Report or 20-F filing with the U.S. Securities and Exchange Commission referenced below, actual results may differ materially.

Gaming software business. GigaMedia expects strong revenue growth in its gaming software business for the full year 2008. Nonetheless, the company expects second-quarter revenues to be largely in line with those of the first quarter, reflecting an industry-wide slowdown due to summer seasonality. The seasonal slowdown may be offset in part by the launch of new products and offerings such as casino games in the Everest poker client, as well as traditional Asian gaming products.

Asian online games business. The company expects revenues to climb sharply in the second half of 2008, driven by major new game launches. In Taiwan and Hong Kong, GigaMedia expects major new game launches to include NBA Street Online, Holic and Hellgate: London. In China, GigaMedia expects to launch Holic in the fourth quarter of 2008.

Broadband ISP business. GigaMedia has retained financial advisors to assist with the potential disposal of this legacy business unit and remains in discussions with identified buyers concerning a proposed sale of the business.

Use of Non-GAAP Measures

To supplement GigaMedia's consolidated financial statements presented in accordance with GAAP, the company uses the following measures defined as non- GAAP by the SEC: EBITDA, and US GAAP operating income, net income and basic and fully-diluted earnings per share data adjusted to exclude the impact of share-based compensation. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP.

GigaMedia believes these non-GAAP financial measures provide meaningful supplemental information regarding GigaMedia's performance by excluding certain expenses that may not be indicative of the company's operating performance. Effective January 1, 2006, GigaMedia adopted Statement of Financial Accounting Standards No. 123(R) (''SFAS 123(R)'') regarding the expensing of share-based compensation. The company believes that the presentation of non-GAAP operating income, net income, and basic and fully- diluted earnings per share enables more meaningful comparisons of performances across periods to be made by excluding the effect of SFAS 123(R), and that EBITDA is a measure of performance used by some investors, equity analysts and others to make informed investment decisions. GigaMedia believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing the company's performance and when planning and forecasting future periods. GigaMedia believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using non-GAAP operating income excluding share-based compensation expenses, net income excluding share-based compensation expenses, and basic and fully-diluted earnings per share excluding share-based compensation expenses is that these non-GAAP measures exclude share-based compensation expenses that have been and will continue to be for the foreseeable future a recurring expense in the company's business. A limitation of using EBITDA is that it does not include all items that impact the company's net income for the period. In addition, EBITDA as defined by GigaMedia may not be comparable to similarly titled measures reported by other companies. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. Reconciliations of the adjusted income statement data to GigaMedia's US GAAP income statement data are provided on the attached unaudited financial statements.

About the Numbers in This Release Full-year and quarterly figures

All quarterly figures referred to in the text, tables and attachments to this release are unaudited. The financial statements from which the financial results reported in this press release are derived have been prepared in accordance with U.S. GAAP, and are presented in U.S. dollars.

Consolidated financial results for the first quarter of 2008 benefited from GigaMedia's investment in T2CN. GigaMedia increased its total equity ownership of T2CN to approximately 58 percent in July 2007 and began to consolidate T2CN financial results with those of the company in June 2007. As a result, consolidated financial results for the first quarter of 2008 may not be comparable with other periods.

Segmental results

GigaMedia's segmental financial results are based on the company's method of internal reporting and are not necessarily in conformity with accounting principles generally accepted in the U.S. Consolidated quarterly and/or annual financial results of the company may differ from totals of the company's segmental financial results for the same period due to (1) the impact of certain of the company's headquarters costs and expenses, which are not reflected in the business segment results, (2) the impact of certain non- operating subsidiaries of GigaMedia on the company's consolidated financial results, and (3) certain inter-company eliminations.

Conference Call and Webcast

GigaMedia will hold a conference call at 8:00 p.m. Taipei/Hong Kong Time on May 13, 2008, which is 8:00 a.m. Eastern Daylight Time on May 13, 2008 in the United States, to discuss the company's first-quarter performance. Individual investors can listen to a webcast of the call at http://ir.giga.net.tw/ , through CCBN's individual investor center at http://www.fulldisclosure.com/ , or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents ( http://www.streetevents.com/ ). The webcast will be available for replay.

About GigaMedia

GigaMedia Limited (Singapore registration number: 199905474H) is a major provider of online entertainment software and services. GigaMedia develops and licenses software for online gaming. GigaMedia also operates online games businesses including FunTown, a leading Asian casual games operator and the world's largest online MahJong game site in terms of revenue, and T2CN, a leading online sports game operator in China. More information on GigaMedia can be obtained from http://www.gigamedia.com.tw/ .

The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the company's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in June 2007.

For further information contact: Brad Miller, Investor Relations Director Country/City Code 8862 Tel: 3518-1107 brad.miller@gigamedia.com.tw (Tables to follow) GIGAMEDIA LIMITED CONSOLIDATED STATEMENTS OF OPERATIONS Three months ended 3/31/2008 12/31/2007 3/31/2007 unaudited unaudited unaudited USD USD USD Operating revenues Gaming software and service revenues 38,300,753 34,158,749 26,271,492 Online game and service revenues 12,889,501 10,073,723 5,470,542 Internet access and service revenues 3,435,122 3,471,812 4,339,044 Other revenues 3,920 3,440 4,541 54,629,296 47,707,724 36,085,619 Operating costs Cost of gaming software and service revenues 5,546,637 4,424,939 3,596,457 Cost of online game and service revenues (includes share-based compensation expenses under SFAS 123(R) of $12,919, -$11,519, and $0, respectively) 3,490,688 3,154,691 1,203,259 Cost of Internet access and service revenues (includes share-based compensation expenses under SFAS 123(R) of $1,387, $5,928, and $912, respectively) 2,427,279 2,496,242 2,471,396 Cost of other revenues 15,903 39,592 61,409 11,480,507 10,115,464 7,332,521 Gross profit 43,148,789 37,592,260 28,753,098 Operating expenses Product development and engineering expenses (includes share-based compensation expenses under SFAS 123(R) of $97,110, $93,848, and $27,631, respectively) 3,366,548 2,766,070 1,821,371 Selling and marketing expenses (includes share-based compensation expenses under SFAS 123(R) of $44,176, $24,962, and $14,093, respectively) 19,063,717 19,988,099 13,567,410 General and administrative expenses (includes share-based compensation expenses under SFAS 123(R) of $611,810, $595,695, and $248,128, respectively) 7,723,154 5,379,660 4,370,979 Bad debt expenses 87,992 158,982 328,011 30,241,411 28,292,811 20,087,771 Income from operations 12,907,378 9,299,449 8,665,327 Non-operating income (expense) Interest income 601,397 477,495 195,571 Gain on sales of marketable securities 355,645 97,661 7,076 Interest expense (277,120) (209,855) (107,756) Foreign exchange gain (loss) - net (237,284) (201,573) (63,253) Gain (loss) on disposal of property, plant and equipment (33,565) (63,092) (2,754) Proportionate share of gain (loss) under the equity method 0 (192,938) 57,720 Other 91,451 445,359 757 500,524 353,057 87,361 Income before income taxes and minority interest 13,407,902 9,652,506 8,752,688 Income tax benefit (expense) (517,787) 536,476 (312,392) Minority interest (813,036) 469,992 18,206 Net income 12,077,079 10,658,974 8,458,502 Earnings per share: Basic 0.22 0.20 0.16 Diluted 0.20 0.18 0.14 Weighted average shares outstanding: Basic 53,817,644 53,603,729 51,993,474 Diluted 60,445,440 60,558,257 59,574,298 GIGAMEDIA LIMITED CONSOLIDATED BALANCE SHEETS 3/31/2008 12/31/2007 3/31/2007 unaduited unaudited unaudited USD USD USD Assets Current assets Cash and cash equivalents 75,372,555 68,563,199 32,993,125 Marketable securities - current 4,550,637 11,353,506 14,990,571 Notes and accounts receivable - net 20,532,896 18,291,353 17,874,726 Prepaid expenses 14,192,730 5,614,975 1,984,953 Restricted cash 6,615,992 6,247,308 2,928,875 Other receivable 4,070,840 2,560,909 4,248,505 Other current assets 2,909,000 2,786,108 728,449 Total current assets 128,244,650 115,417,358 75,749,204 Marketable securities - noncurrent 24,017,482 21,017,482 25,000,000 Investments 5,043,466 4,612,226 19,322,008 Property, plant & equipment - net 14,336,714 13,008,487 9,572,431 Goodwill 87,056,365 85,149,279 55,423,333 Intangible assets - net 27,531,011 26,060,034 22,880,168 Prepaid licensing and royalty fees 18,240,842 16,738,665 5,715,801 Other assets 2,047,466 1,861,458 1,249,236 Total assets 306,517,996 283,864,989 214,912,181 Liabilities & shareholders' equity Short-term borrowings 32,231,080 33,300,898 21,148,515 Notes and accounts payable 1,817,471 1,922,370 1,447,736 Accrued compensation 4,717,482 5,750,272 2,284,621 Accrued expenses 10,010,213 9,150,983 6,684,426 Player account balances 32,244,664 27,136,396 14,675,701 Other current liabilities 17,416,758 14,651,120 19,937,255 Total current liabilities 98,437,668 91,912,039 66,178,254 Other liabilities 1,491,673 1,477,789 1,650,667 Total liabilities 99,929,341 93,389,828 67,828,921 Minority interests 10,749,268 9,810,258 1,317,102 Shareholders' equity 195,839,387 180,664,903 145,766,158 Total liabilities & shareholders' equity 306,517,996 283,864,989 214,912,181 GIGAMEDIA LIMITED Reconciliations of Non-GAAP Results of Operations Three months ended 3/31/2008 12/31/2007 3/31/2007 unaudited unaudited unaudited USD USD USD Income from operations GAAP result 12,907,378 9,299,449 8,665,327 Adjustment: share-based compensation 767,402 708,914 290,764 Non-GAAP result 13,674,780 10,008,363 8,956,091 Net income GAAP result 12,077,079 10,658,974 8,458,502 Adjustment: share-based compensation 735,553 669,888 290,764 Non-GAAP result 12,812,632 11,328,862 8,749,266 Basic earnings per share GAAP result 0.22 0.20 0.16 Adjustment: share-based compensation 0.02 0.01 0.01 Non-GAAP result 0.24 0.21 0.17 Diluted earnings per share GAAP result 0.20 0.18 0.14 Adjustment: share-based compensation 0.01 0.01 0.01 Non-GAAP result 0.21 0.19 0.15 Reconciliation of Net Income to EBITDA Net income 12,077,079 10,658,974 8,458,502 Depreciation 571,939 570,471 588,903 Amortization 960,721 830,934 786,451 Interest (income) expense (97,960) (58,604) (41,391) Tax (benefit) expense 416,982 (276,830) 165,358 EBITDA 13,928,761 11,724,945 9,957,823

GigaMedia Limited

CONTACT: Brad Miller of GigaMedia Limited, +886-2-3518-1107, or
brad.miller@gigamedia.com.tw

Web site: http://ir.giga.net.tw/
http://www.streetevents.com/
http://www.gigamedia.com.tw/

Verizon Business Helps Fujitsu Expand North American Business OperationsAdvanced Communications, IT, Collaboration Solutions Enable Growing Global Powerhouse to Enhance Productivity, Manage Costs

BASKING RIDGE, N.J., May 13 /PRNewswire/ -- Fujitsu is rapidly expanding its North American presence, and Verizon Business is providing a key building block.

Under a new agreement announced Tuesday (May 13), Verizon Business is providing Private IP, all-distance voice services, audio and Web conferencing, hosting services, and customer premises equipment (CPE) that will enable 11,300 North American Fujitsu employees to communicate and collaborate more effectively. This expansion of the companies' long-time relationship will help Fujitsu both improve productivity and manage costs as it continues to grow.

"Verizon Business has proven to be an impressive technology partner over the years, offering a highly reliable network and innovative solutions," said Jeff Meier, chief information officer, Fujitsu North America. "The account team is truly an extension of our organization, and they have done an outstanding job of anticipating our communications needs and offering innovative solutions as we continue our IT deployment in the United States and parts of Canada."

(An audio podcast in which Meier describes other examples of how Fujitsu and Verizon Business are working together is available at http://www.podtech.net/home/5126/fujitsu-north-america-cio-discusses-working- effectively-with-your-service-provider .) (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space if one exists.)

Fujitsu is deploying a wide range of Verizon Business services across its North American operations. The services include:

-- Verizon Audio and Web Conferencing -- As Fujitsu grows, it will rely more heavily on these services to conduct virtual meetings among employees, customers, and suppliers -- enhancing collaboration and productivity across geographic regions while reducing business-travel costs and associated carbon emissions. -- Verizon Business Private IP -- As the foundation for Fujitsu's global data communications, Verizon Private IP facilitates the transfer of critical information from Tokyo to Trenton, N.J., to Tampa, Fla. Private IP, Verizon Business' fastest-growing service, enables Fujitsu to link employees across North America in various locations, as well as linking its Sunnyvale, Calif., regional headquarters with corporate headquarters in Tokyo. -- Data Center Colocation -- Fujitsu can confidently deliver on its customers' IT needs, relying on the security and flexibility of Verizon Business' Data Center Colocation Services. Backed by one of the most expansive IP backbones in the world, Verizon Business Colocation Services provide Fujitsu and other customers with the high-speed Internet connectivity and dedicated infrastructure necessary for businesses to compete in today's marketplace. -- Verizon Enterprise Center -- Fujitsu is also taking advantage of Verizon's 24 x 7 global customer portal, the Verizon Enterprise Center, to manage its billing, order functions and hosting account maintenance activities. Verizon Business combines personalized, global account service with the state-of-the-art self-service tools found in the Verizon Enterprise Center to provide customers with a flexible way to best support their individual requirements.

"We excel at helping Fujitsu and other multinational corporations improve their business operations through advanced communications and IT solutions," said Steve Young, group president of corporate and government markets for Verizon Business. "Working closely with our customer, we were able to design and implement a solution tailored to support Fujitsu's growth requirements while leveraging the company's existing communications infrastructure."

About Fujitsu

Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting device technologies, highly reliable computing and communications products, and a worldwide corps of systems and services experts uniquely position Fujitsu to deliver comprehensive solutions that create infinite possibilities for its customers' success. Headquartered in Tokyo, Fujitsu Limited reported consolidated revenues of 5.1 trillion yen (US$43.2 billion) for the fiscal year ended March 31, 2007. See http://www.fujitsu.com/ for further information.

About Verizon Business

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

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

Verizon Business

CONTACT: Lisa Fels of Verizon Business, +1-703-886-6042,
lisa.fels@verizon.com

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

Travelport Announces First Quarter 2008 ResultsFirst Quarter Highlights- Net Revenue of $666 millionAdjusted Net Revenue of $666 million, representing a (2)% decline over the first quarter of 2007- EBITDA of $145 million, representing 39% growth over the first quarter of 2007Adjusted EBITDA of $173 million, representing a (7)% decline over the first quarter of 2007Re-engineering Cost Savings and Worldspan Synergy Highlights- Actions taken through quarter end to achieve $172 million of annual run rate savings from the re-engineering of the Travelport business- Worldspan synergies on schedule, actions taken to date to achieve annual run rate synergies of $47 million out of a target of $150 million

NEW YORK, May 13, 2008 /PRNewswire/ -- Travelport Limited, the parent company of the Travelport group of companies, today announced its financial results for the first quarter ended March 31, 2008. Travelport recognized net revenue and adjusted net revenue of $666 million and EBITDA of $145 million in the first quarter of 2008. Adjusted EBITDA in the first quarter was $173 million, representing a decline of (7)% over the same period last year, due to the year-over-year decline in EBITDA from Worldspan arising from the loss of Expedia segments prior to Travelport's acquisition of Worldspan.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061023/NYM260LOGO ) Travelport Consolidated ($ in millions) 1Q 2007 1Q 2008 Change* % Change* Net Revenue (1) (2) $666 $666 $0 0% Adjusted Net Revenue (3) $683 $666 $(17) (2)% EBITDA (1) (2) $104 $145 $41 39% Adjusted EBITDA (3) $186 $173 $(13) (7)% Adjusted EBITDA Margin % 27.2% 26.0% -126 bps (5)% * May not calculate due to rounding (1) 1Q 2007 includes Orbitz Worldwide results. (2) 1Q 2007 excludes Worldspan results. (3) Adjusted results exclude Orbitz Worldwide and include Worldspan in all periods, as if both transactions had taken place on January 1, 2007. Travelport Consolidated Excluding Worldspan and Orbitz Worldwide ($ in millions) 1Q 2007 1Q 2008 Change* % Change* Adjusted Net Revenue (1) $473 $486 $13 3% Adjusted EBITDA (1) $120 $130 $10 8% Adjusted EBITDA Margin % 25.4% 26.7% 138 bps 5% * May not calculate due to rounding (1) Excludes Worldspan and Orbitz Worldwide results in all periods.

Travelport CEO and President, Jeff Clarke, stated: "The first quarter of 2008 demonstrated the strength of Travelport's geographic breadth, diversification and business model. Excluding the impact of Worldspan, Travelport grew adjusted net revenue and adjusted EBITDA by 3% and 8%, respectively. Despite a soft travel environment in the quarter, the strengthening of new and emerging markets continues to benefit Travelport's businesses given our higher value-added services for international travel suppliers and customers throughout the world."

Mike Rescoe, Travelport executive vice president and CFO, stated: "We continue to successfully execute on our re-engineering and Worldspan synergy programs. During the quarter we realized $42 million of cost savings from our original re-engineering program. This is an incremental $23 million, to the $19 million that we realized during the first quarter of 2007. Also during the quarter, we realized $10 million from Worldspan synergies. During the quarter, we repurchased approximately $44 million in principal amount of our bonds and ended the quarter with $207 million of cash. In addition, we recently entered into a multi-year interest rate swap which effectively converts $1 billion of our floating rate term loan debt to a fixed rate of 5.4%. This interest rate swap allows us to significantly reduce potential volatility in earnings and cash flows from interest rate fluctuations and locks in an improvement in interest rates on a substantial portion of our debt."

Financial Highlights First Quarter 2008 GDS ($ in millions) 1Q 2007 1Q 2008 Change* % Change* Net Revenue (1) $414 $592 $178 43% Adjusted Net Revenue (2) $626 $592 $(34) (5)% EBITDA (1) $117 $167 $50 43% Adjusted EBITDA (2) $203 $188 $(15) (7)% Adjusted EBITDA Margin % 32.4% 31.8% -67 bps (2)% * May not calculate due to rounding (1) 1Q 2007 excludes Worldspan results. (2) Adjusted results include Worldspan in all periods, as if the acquisition had closed January 1, 2007.

Net revenue and EBITDA within our GDS business were $592 million and $167 million, respectively, for the first quarter of 2008. Adjusted net revenue and adjusted EBITDA were $592 million and $188 million, respectively, for the first quarter of 2008. In the tables below, we provide a further analysis of the underlying Galileo and Worldspan results within the GDS segment.

Galileo (included in GDS results above) ($ in millions) 1Q 2007 1Q 2008 Change* % Change* Net Revenue $414 $412 $(2) (0)% Adjusted Net Revenue $416 $412 $(4) (1)% EBITDA $117 $136 $19 16% Adjusted EBITDA $137 $145 $8 6% Adjusted EBITDA Margin % 32.9% 35.2% 226 bps 7% * May not calculate due to rounding

Adjusted net revenue and adjusted EBITDA from Galileo were $412 million and $145 million in the first quarter of 2008, a decrease of (1)% and an increase of 6%, respectively, compared to the first quarter of 2007. Lower revenue resulted from a (3)% decline in Galileo segments, particularly in the Americas where segments were down (7)%, partially offset by higher yield per segment. Agency inducements increased $8 million, or 5%, compared to the first quarter of 2007, approximately half of which was driven by unfavorable exchange rates. In addition, Galileo reduced its operating expenses, excluding inducements to agents, by $21 million, or 17%. Despite a modest decline in revenue and an increase in inducements, adjusted EBITDA margins improved 226 bps, or 7%, as a result of the operating expense savings.

Worldspan (included in GDS results above) ($ in millions) 1Q 2007 1Q 2008 Change* % Change* Net Revenue (1) - $180 - - Adjusted Net Revenue (2) $210 $180 $(30) (14)% EBITDA (1) - $31 - - Adjusted EBITDA (2) $66 $43 $(23) (35)% Adjusted EBITDA Margin % 31.4% 23.9% -754 bps (24)% * May not calculate due to rounding - Not meaningful (1) 1Q 2007 excludes Worldspan results. (2) Adjusted results include Worldspan in all periods, as if the acquisition had closed January 1, 2007.

Adjusted net revenue from Worldspan was $180 million for the first quarter of 2008, reflecting a decline of (14)% compared with the same period in 2007, mainly due to the loss of segments from Expedia. Adjusted EBITDA from Worldspan was $43 million for the first quarter of 2008, which represents a decline of (35)% compared to the same quarter in 2007 and reflects the short- term reverse leverage impact of lower revenue.

GTA ($ in millions) 1Q 2007 1Q 2008 Change* % Change* Net Revenue (1) $57 $74 $17 30% Adjusted Net Revenue (1) $57 $74 $17 30% EBITDA (1) ($1) $9 $10 - Adjusted EBITDA (1) $4 $9 $5 125% Adjusted EBITDA Margin % 7.0% 12.2% 514 bps 73% * May not calculate due to rounding - Not meaningful (1) The results of 1Q 2007 have been adjusted to reflect the sale of Trust International on January 2, 2008, as this business is treated as a discontinued operation in our financial results.

Net revenue and EBITDA for GTA were $74 million and $9 million, respectively, in the first quarter of 2008. Adjusted net revenue and adjusted EBITDA for GTA were $74 million and $9 million, an increase of 30% and 125%, respectively, compared with the first quarter of 2007. Global Total Transaction Value (TTV) grew 20% in the quarter, driven primarily by a mix of improved pricing, favorable currency trends and growth in transactions. Operating expenses for GTA increased 24% during the first quarter of 2008, however, excluding the impact of currency rates, operating expenses would have only increased approximately 10% compared to the first quarter of 2007. The impact of higher sales volumes and a cost base growing at a slower rate enabled GTA to increase adjusted EBITDA margins from 7% in the first quarter of 2007 to 12% for the first quarter of 2008.

Corporate and Other

Travelport incurred adjusted Corporate and Other expenses of $24 million for the first quarter of 2008. Excluded from the adjusted results are gains from the retirement of our repurchased bonds and exceptional one-time costs related to potential corporate transactions.

Orbitz Worldwide ($ in millions)

Travelport Limited currently owns approximately 48% of the outstanding equity of Orbitz Worldwide. Travelport deconsolidated the results of Orbitz Worldwide with effect from October 31, 2007 and accounts for the Orbitz Worldwide results under the equity method of accounting. For a discussion of Orbitz Worldwide's year-over-year performance, please refer to the earnings release of Orbitz Worldwide.

1Q 2007 1Q 2008 Change % Change Net Revenue (1) $212 - - - Adjusted Net Revenue (2) - - - - EBITDA (1) $23 - - - Adjusted EBITDA (2) - - - - - Not meaningful (1) 1Q 2007 includes Orbitz Worldwide results. (2) Adjusted results exclude Orbitz Worldwide in all periods. Conference Call/Webcast

The Company's first quarter 2008 earnings conference call will be accessible to the media and general public via live Internet Webcast today beginning at 11:00 a.m. (EST), and through a limited number of listen-only, dial-in conference lines. The Webcast will be available through the Investor Center section of the Company's Web site at http://www.travelport.com/. To access the call through a conference line, dial 888-679-8018 in the United States and 617-213-4845 for international callers beginning at least 10 minutes prior to the scheduled start of the call. The passcode is 92155565. A replay of the conference call will be available May 13, 2008 at 1:00 p.m. (EST) through May 20, 2008. To access the replay, dial 888-286-8010 in the United States and 617-801-6888 for international callers. The passcode is 55294416.

About Travelport

Travelport is one of the world's largest travel conglomerates offering broad based business services to companies operating in the global travel industry. The company is comprised of Travelport GDS, a global distribution system business that includes the Worldspan and Galileo brands; GTA, a group travel and wholesale hotel business; Business Intelligence Services, a data analysis business; and IT Services and Software, which hosts mission critical applications and provides business solutions for major airlines. Travelport also owns approximately 48% of Orbitz Worldwide , a leading global online travel company. With on-going annual revenues of approximately $2.6 billion, Travelport operates in 145 countries and has approximately 6,000 employees. Travelport is a private company owned by The Blackstone Group, One Equity Partners, Technology Crossover Ventures and Travelport management.

Forward-Looking Statements

Certain statements in this press release constitute "forward-looking statements" that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", "may increase", "may fluctuate" and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements.

Various risks that could cause future results to differ from those expressed by the forward-looking statements included in this press release include, but are not limited to: our ability to service our outstanding indebtedness and the impact such indebtedness may have on the way we operate our business; factors affecting the level of travel activity, particularly air travel volume, including security concerns, natural disasters and other disruptions; general economic and business conditions in the markets in which we operate, including fluctuations in currencies; pricing, regulatory and other trends in the travel industry; our ability to obtain travel supplier inventory from travel suppliers, such as airlines, hotels, car rental companies, cruise lines and other travel suppliers; risks associated with doing business in multiple countries and in multiple currencies; maintenance and protection of our information technology and intellectual property; our ability to successfully integrate acquired businesses and realize anticipated benefits of past and future acquisitions, including the Worldspan acquisition; the impact on supplier capacity and inventory resulting from consolidation of the airline industry; financing plans and access to adequate capital on favorable terms; our ability to achieve expected cost savings and operational synergies from our re-engineering efforts and the Worldspan acquisition; and our ability to maintain existing relationships with travel agencies and tour operators and to enter into new relationships. Other unknown or unpredictable factors also could have material adverse effects on our performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except to the extent required by applicable securities laws, the Company undertakes no obligation to release any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events unless required by law.

This release includes certain non-GAAP financial measures as defined under SEC rules. As required by SEC rules, important information regarding such measures is contained on pages 6 through 7 of this release.

TRAVELPORT LIMITED STATEMENTS OF OPERATIONS (in millions) (UNAUDITED) Three Months Three Months Ended Ended March 31, 2007 March 31, 2008 Net revenue $666 $666 Costs and expenses Cost of revenue 278 339 Selling, general and administrative 261 182 Separation and restructuring charges 23 9 Depreciation and amortization 54 67 Total costs and expenses 616 597 Operating income 50 69 Interest expense, net (85) (86) Gain on early extinguishment of debt - 9 Loss from continuing operations before income taxes and equity in losses of investments, net (35) (8) Benefit (provision) for income taxes 3 (12) Equity in losses of investments, net - (7) Net loss $(32) $(27) TRAVELPORT LIMITED SEGMENT EBITDA AND RECONCILIATION OF EBITDA (in millions) (UNAUDITED) Three Months Three Months Ended Ended March 31, 2007 March 31, 2008 GDS Net revenue $414 $592 Segment EBITDA 117 167 GTA Net revenue 57 74 Segment EBITDA (1) 9 Orbitz Worldwide Net revenue 212 - Segment EBITDA 23 - Corporate and other EBITDA(a) (35) (31) Intersegment eliminations(b) Net revenue (17) - Combined Totals Net revenue $666 $666 EBITDA $104 $145 - Not meaningful. (a) Other includes corporate general and administrative costs not allocated to the segments. (b) Consists primarily of eliminations related to the inducements paid by Galileo to Orbitz Worldwide.

Provided below is a reconciliation of EBITDA to loss from continuing operations before income taxes and equity in losses of investments, net:

Three Months Three Months Ended Ended March 31, 2007 March 31, 2008 EBITDA $104 $145 Interest expense, net (85) (86) Depreciation and amortization (54) (67) Losses from continuing operations before income taxes and equity in losses of investments, net $(35) $(8)

Adjusted Revenue, EBITDA, and Adjusted EBITDA are non-GAAP measures and may not be comparable to similarly named measures used by other companies. We believe that these measures provide management with a more complete understanding of the underlying operating results and trends and an enhanced overall understanding of the Company's financial performance and prospects for the future. Adjusted Revenue, EBITDA and Adjusted EBITDA are not intended to be measures of liquidity or cash flows from operations nor measures comparable to net income as they do not take into account certain requirements such as capital expenditures and related depreciation, principal and interest payments and tax payments. However, they are management's primary metric for measuring business performance and are used by the Board of Directors to determine incentive compensation. Capital expenditures, which impact depreciation and amortization, interest expense and income tax expense, are reviewed separately by management. Adjusted Revenue, EBITDA and Adjusted EBITDA are disclosed so that investors may have the same tools available to management when evaluating the results of Travelport. Adjusted Revenue is defined as Revenue adjusted to exclude the impact of deferred revenue written off due to purchase accounting on the acquisition of Travelport by an affiliate of The Blackstone Group. EBITDA is defined as net income (loss) before interest, income taxes, depreciation and amortization, each of which is presented on Travelport's Statement of Operations. Adjusted EBITDA is defined as EBITDA adjusted to exclude the aforementioned impact of purchase accounting, impairment of intangibles assets, expenses incurred in conjunction with Travelport's separation from Cendant, expenses incurred to acquire and integrate Travelport's portfolio of businesses, costs associated with Travelport's restructuring efforts and development of a global on-line travel platform, non-cash equity-based compensation, and other adjustments made to exclude expenses management views as outside the normal course of operations.

TRAVELPORT LIMITED RECONCILIATION OF NET REVENUE AND EBITDA TO ADJUSTED NET REVENUE AND ADJUSTED EBITDA (in millions) (UNAUDITED) Three Months Ended March 31, 2008 Orbitz Corporate Galileo Worldspan Worldwide GTA & Other Total* Net Revenue $ 412 $180 $- $74 $- $ 666 Adjustments Separation from Cendant and Related 1 - - - - 1 Total 1 - - - - 1 Adjusted Net Revenue* $412 $180 $- $74 $- $666 EBITDA $136 $31 $- $9 $(30) $145 Adjustments Separation from Cendant and Related 1 - - - - 1 Non-recurring Items Associated with Travelport Acquisitions 4 10 - (1) 12 25 Restructure and Related 4 1 - 1 2 9 Other - - - - (8) (8) Total 9 12 - - 6 27 Adjusted EBITDA* $145 $43 $- $9 $(24) $173 Three Months Ended March 31, 2007 Orbitz Corporate Galileo Worldspan Worldwide GTA & Other Total* Net Revenue $414 $- $212 $57 $(17) $666 Adjustments Acquired / Disposed Revenue - 202 (212) (2) 17 5 Separation from Cendant and Related 2 - - 2 - 3 Other - 8 - - - 8 Total 2 210 (212) - 17 17 Adjusted Net Revenue* $416 $210 $- $57 $- $683 EBITDA $117 $- $23 $(1) $(36) $104 Adjustments Acquired / Disposed EBITDA - 55 (23) (1) - 31 Separation from Cendant and Related 2 - - 2 4 8 Non-recurring Items Associated with Travelport Acquisitions - - - 3 7 10 Restructure and Related 18 - - 1 1 20 Equity based compensation - - - - 3 3 Other - 11 - - - 11 Total 20 66 (23) 5 15 82 Adjusted EBITDA* $137 $66 $- $4 $(21) $186 * Totals may not calculate due to rounding. - Not meaningful. TRAVELPORT LIMITED BALANCE SHEETS (in millions, except per share data) (UNAUDITED) December 31, March 31, 2007 2008 Assets Current assets: Cash and cash equivalents $309 $207 Accounts receivable, net 416 506 Deferred income taxes 9 10 Other current assets 253 330 Assets of discontinued operations 36 - Total current assets 1,023 1,053 Property and equipment, net 541 522 Goodwill 1,746 1,820 Trademarks and tradenames 510 525 Other intangible assets, net 1,717 1,736 Investment in Orbitz Worldwide 364 358 Non-current deferred income taxes 3 3 Other non-current assets 236 244 Total assets $6,140 $6,261 Liabilities and shareholders' equity Current liabilities: Accounts payable $191 $178 Accrued expenses and other current liabilities 821 859 Current portion of long-term debt 17 18 Deferred income taxes - 1 Liabilities of discontinued operations 8 - Total current liabilities 1,037 1,056 Long-term debt 3,751 3,791 Deferred income taxes 261 278 Other non-current liabilities 203 190 Total liabilities 5,252 5,315 Commitments and contingencies Shareholders' equity: Common stock $1.00 par value; 12,000 shares authorized, 12,000 shares issued and outstanding - - Additional paid in capital 1,311 1,311 Accumulated deficit (587) (614) Accumulated other comprehensive income 164 249 Total shareholders' equity 888 946 Total liabilities and shareholders' equity $6,140 $6,261 TRAVELPORT LIMITED STATEMENTS OF CASH FLOWS (in millions) (UNAUDITED) Three Months Three Months Ended Ended March 31, March 31, 2007 2008 Operating activities of continuing operations Net loss $(32) $(27) Adjustments to reconcile net loss to net cash provided by (used in) operating activities from continuing operations Depreciation and amortization 54 67 Deferred income taxes 1 (4) Provision for bad debts 3 4 Gain on early extinguishment of debt - (9) Gain on sale of property 1 - Amortization of debt issuance costs 5 5 Non-cash charges related to tax sharing liability 3 - Equity based compensation 3 - Equity in losses of investments - 7 Payment of FASA liability - (8) Changes in assets and liabilities, net of effects from acquisitions and disposals Accounts receivable 21 (78) Other current assets - (4) Accounts payable, accrued expenses and other current liabilities 101 7 Other 1 (11) Net cash provided by (used in) operating activities of continuing operations 161 (51) Investing activities of continuing operations Property and equipment additions (31) (13) Acquisition related payments (5) (3) Other 1 (1) Net cash used in investing activities of continuing operations (35) (17) Financing activities of continuing operations Principal payments on borrowings (6) (38) Issuance of common stock 2 - Net cash used in financing activities of continuing operations (4) (38) Effect of changes in exchange rates on cash and cash equivalents 1 4 Net increase (decrease) in cash and cash equivalents from continuing operations 123 (102) Cash provided by (used in) discontinued operations Operating activities 2 - Investing activities (1) - Cash provided by discontinued operations 1 - Cash and cash equivalents at beginning of period 97 309 Cash and cash equivalents at end of period 221 207 Less cash of discontinued operations (3) - Cash and cash equivalents of continuing operations $218 $207 TRAVELPORT LIMITED Operating Statistics (UNAUDITED) Three Months Ended March 31, 2008 2007 Change % Change Galileo (segments in millions) Americas Segments 26.7 28.6 (1.9) (7)% International Segments 45.8 46.3 (0.5) (1)% Total Segments 72.5 74.9 (2.4) (3)% Worldspan (segments in millions) Total Segments 35.7 44.1 (8.4) (19)% GTA (TTV in millions) Total Transaction Value $391 $326 $65 20%

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20061023/NYM260LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Travelport Limited

CONTACT: Investors, Raffaele Sadun of Travelport, +1-973-939-1450,
raffaele.sadun@travelport.com; or media, Elliot Bloom of Travelport,
+1-973-939-1610, elliot.bloom@travelport.com

Web site: http://www.travelport.com/
http://www.orbitz.com/

As I.T. Deal Activity Plummets, Larger Deals Keep European VC Investment Steady at Euro 1.14 Billion in 1Q08Dow Jones VentureSource Finds 25% Drop in Total Deal Flow Balanced Out by 25% Jump in Median Deal Size; U.K. Sees Record Investment, Accounts for 46% of Region's Total

LONDON and NEW YORK, May 13 /PRNewswire/ -- It's feast or famine for entrepreneurial companies in Europe as venture capitalists continue to invest in the region-to the tune of euro 1.14 billion in the first quarter of 2008- but are backing far fewer technology companies, according to the quarterly European Venture Capital Report released today by Dow Jones VentureSource (http://venturecapital.dowjones.com/), the venture industry's premier data provider.

In fact, the 180 deals completed in the quarter mark the lowest overall deal total on record and are 25% less than the 235 deals completed in the first quarter of 2007. Even so, overall investment ticked up nearly 2% as venture capitalists put more money into these deals, pushing the median size of a venture round in Europe up 25% to a record euro 3.3 million.

"Venture capitalists are being quite selective about the kinds of European companies they invest in-and for good reason," said Jessica Canning, Director of Global Research for Dow Jones VentureSource. "The IPO market is virtually nonexistent in Europe, and with ongoing turmoil in the global economy, mergers and acquisitions are harder to come by. So, we see two effects: the first, obviously, is a continued slowdown in venture capital deal activity. The other result is that VCs are choosing to back only the most promising companies and ensure these companies have enough capital backing to be competitive and survive what may be a long road to a liquidity event."

Abysmal Quarter for IT; Medical Devices, Energy See Record Investment

According to the report, information technology (IT) was the only major industry in Europe to see a substantial drop, as deal activity plummeted 48% to just 80 deals, by far the lowest total on record. Overall, Europe's IT investment fell 22% to euro 423 million, marking the second down quarter in a row for the industry.

The only seemingly bright spot was in the Web-centric information services sector, which saw investment climb 27% to euro 141 million in the first quarter despite only 17 deals being completed (compared to 41 in first quarter 2007). But even this looks gloomy when you remove the nearly euro 54 million that went into the second round for online advertising network Adconion Media Group of Germany, which was also the largest overall deal in Europe in the first quarter.

Investment in European healthcare companies climbed 6% to euro 430 million, as the first quarter of 2008 saw 56 deals completed, 11 more than last year. According the report, the majority of this growth was in the medical device sector, which saw a record euro 130 million put into 18 deals, a 7% increase in capital investment. The normally robust biopharmaceuticals sector saw deal flow remain steady with 33 deals completed in the first quarter but investment in the sector fell 6% to euro 267 million. One of the largest health care deals in Europe in the first quarter was the euro 33 million first round for Swedish biopharmaceutical company Albireo.

The report also showed that Europe's business, consumer and retail category posted a strong first quarter with 28 deals garnering euro 161 million, a 164% increase over the euro 61 million invested in 11 similar deals in the first quarter of 2007. Driving this growth was a spike in consumer/business services investments. The sector saw 20 deals close in the first quarter and more than euro 131 million invested-nearly six times the euro 24 million put into the space in the first quarter last year. One of the largest deals in this segment was the nearly euro 37 million later-stage round for MoneyExpert, a financial services information provider based in the United Kingdom.

Elsewhere, the data showed that Europe's energy sector saw record investment as euro 111 million was put into 12 deals in the first quarter-a 44% increase over amounts invested in the same quarter last year. Among the largest deals in this area was the euro 40 million later round for German solar company Odersun.

"Our data shows that VCs are eager to tap the next wave of innovative European companies in areas like energy production, medical devices and business and consumer services," added Ms. Canning. "But, given today's tight liquidity markets, they're focusing the majority of their capital resources toward helping develop and expand later-stage companies and best position them for an exit."

Percentage of Early Deals Up But Later-Stage Companies Get the Big Rounds

This trend could be seen in the higher proportion of early round financings in Europe in the first quarter. In fact, the data showed that seed and first rounds accounted for 45% of Europe's deal activity, up from 40% in the first quarter of 2007, while second and later-stage rounds saw a corresponding dip.

As stated, the overall median deal size reached a record euro 3.3 million but later-stage companies benefited the most. The median deal size for a later-stage company jumped 70% from euro 3.5 million in the first quarter of 2007 to euro 6 million in the most recent quarter.

Geographic Perspectives -- Venture capital investment in the United Kingdom jumped 51% compared to the first quarter of 2007 with a record euro 527 million invested in 73 deals. The U.K. accounted for nearly 46% of all investment in Europe in the first quarter. -- In France, investment fell 45% to euro 160 million while deal activity dropped 38% to 34. -- Capital investment in Germany slipped only 3% to euro 152 million even though deals were down 45% to 16 in the first quarter. -- In Sweden, capital investment rose 54% to euro 88 million and the deal count rose to 18. -- Deal flow was cut in half in Denmark as only seven deals closed, but garnered 14% more capital with euro 64 million invested.

For more information or to arrange a personal demonstration of Dow Jones VentureSource, visit http://venturecapital.dowjones.com/ or call (866) 291-1800 (in the U.S.) or +44 (0) 203 217 5176 (in Europe).

The investment figures included in this release are based on aggregate findings of Dow Jones proprietary European research. This data was collected by surveying professional venture capital firms, through in-depth interviews with company CEOs and CFOs, and from secondary sources. These venture capital statistics are for equity investments into early-stage, innovative companies and do not include companies receiving funding solely from corporate, individual, and/or government investors. No statement herein is to be construed as a recommendation to buy or sell securities or to provide investment advice.

ABOUT DOW JONES

Dow Jones & Company (http://www.dowjones.com/) is a News Corporation company (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; http://www.newscorp.com/). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of Stoxx Ltd. and provides news content to radio stations in the U.S.

Dow Jones Financial Information Services

CONTACT: Adam Wade of Dow Jones Financial Information Services,
+1-415-439-6666, adam.wade@dowjones.com

Web site: http://venturecapital.dowjones.com/

Video Webcast Alert: Sun Microsystems Announces Latin America Emerging Markets Summit

SAO PAULO, Brazil, May 13 /PRNewswire-FirstCall/ -- Sun Microsystems announces the following Webcast:

What: Latin America Emerging Markets Summit Event. You are cordially invited to attend a lively conversation by key opinion leaders from academia, the private and public sectors on the opportunities and future growth of the Latin American Market. Come find out how economic, social and educational factors as well as advances in technology will help drive the region's continued development in the increasingly competitive and interconnected global economy When: Tuesday, March 13, 2008 at 10:30 am Where: http://webcasts.streamworks.com.br/sun/ Alameda Jau Street, 1620 - Amazonia Room How: Live over the Internet -- Simply log on to the web at the address above. Contact: Hill&Knowlton, +55 11 5503-2871, or e-mail, ytimerman@hillandknowlton.com

If you are unable to participate during the live webcast, the call will be archived at http://www.sun.com/. To access the replay, click on http://www.sun.com/.

About Sun Microsystems

Sun Microsystems develops the technologies that power the global marketplace. Guided by a singular vision -- "The Network is the Computer" -- Sun drives network participation through shared innovation, community development and open source leadership. Sun can be found in more than 100 countries and on the Web at http://www.sun.com/.

Video: http://webcasts.streamworks.com.br/sun Sun Microsystems

CONTACT: Hill&Knowlton, +011-55-11-5503-2871,
ytimerman@hillandknowlton.com, for Sun Microsystems

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

MarketAxess & Dow Jones Partner to Create Timely AxessDaily Electronic NewslettersSeparate Editions Deliver Specialized Pre-Market Content to Corporate Bond, Eurobond & Emerging Market Professionals Who Use the MarketAxess Trading Platform or Corporate BondTicker(TM) Service

NEW YORK, May 13 /PRNewswire-FirstCall/ -- MarketAxess, the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets bonds and other types of fixed-income securities, has partnered with Dow Jones & Co. to create AxessDaily, a daily newsletter to be delivered via e-mail to users of the MarketAxess trading platform or Corporate BondTicker(TM) service. AxessDaily is to be published in three separate editions with specialized content to give Corporate Bond, Eurobond and Emerging Market institutional trading professionals a head-start on their trading day with a concise market-wrap prior to opening.

"MarketAxess is committed to providing best-in-class data, information and analytics, in the most timely, user-friendly way to our clients that complements our core electronic credit trading offering and the AxessDaily newsletter service clearly meets that hurdle," said Stephen Davidson, Head of Global Marketing & Investor Relations for MarketAxess. "Each daily issue of AxessDaily, whether it be the Corporate Bond, Eurobond or Emerging Markets edition, gives our clients a concise, pre-market briefing of critical market news, events and pricing information-all essential information our clients can use immediately to help them execute their trading strategies."

AxessDaily is to include calendar and news stories from Dow Jones as well as exclusive pricing, volume, and spread information from MarketAxess.

AxessDaily - Corporate Bond edition features: -- Complete G7 calendar. -- Top breaking news of the morning. -- News highlights on the market, economy and new bond issues. -- Most active high-grade and high-yield by volume. -- Top 10 high yield-prices (price increases & decreases). -- Top 10 high-grade spreads (tighteners and wideners vs. benchmark Treasury bond yields). AxessDaily - Emerging Markets edition features: -- Complete overview of what's happening in key emerging markets. -- Regional news roundups from Latin America, Asia and Eastern and Western Europe. -- 5 most active emerging markets bonds on the MarketAxess trading platform. -- Indicative price gainers and losers from the prior MarketAxess trading day. AxessDaily - Eurobond edition features: -- Complete G7 calendar. -- U.S. market wrap-up from the prior day. -- Top breaking news of the morning. -- News highlights on the market, economy and new bond issues.

"By partnering with Dow Jones, a leader in business journalism, MarketAxess is creating a superior information tool for our clients," added Mr. Davidson. "With a daily feed of timely news related to the global fixed- income markets, and our Corporate BondTicker(TM) pricing information, our clients will have an information advantage when the markets open - and at no added cost."

For more information or to become a client of MarketAxess, visit http://www.marketaxess.com/ or call +1-212-813-6287.

ABOUT MARKETAXESS

MarketAxess operates one of the leading platforms for the electronic trading of corporate bonds and certain other types of fixed-income securities, serving as an electronic platform through which our more than 670 active institutional investor clients can access the liquidity provided by our 30 broker-dealer clients. MarketAxess' multi-dealer trading platform allows our institutional investor clients to simultaneously request competitive, executable bids or offers from multiple broker-dealers, and to execute trades with the broker-dealer of their choice. MarketAxess offers our clients the ability to trade U.S. high-grade corporate bonds, European high-grade corporate bonds, credit default swaps, agencies, high-yield and emerging markets bonds. MarketAxess also provides data and analytical tools that help our clients make trading decisions, and we facilitate the trading process by electronically communicating order information between trading counterparties. Our DealerAxess(R) trading service allows dealers to trade fixed-income securities with each other on our platform.

ABOUT DOW JONES

Dow Jones & Company (http://www.dowjones.com/) is a subsidiary of News Corporation (NYSE: NWS, NWS.A; ASX: NWS, NWSLV; http://www.newscorp.com/). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of Stoxx Ltd. and provides news content radio stations in the U.S.

Dow Jones & Company

CONTACT: Adam Wade of Dow Jones Financial Information Services,
+1-415-439-6666, adam.wade@dowjones.com

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

ProLink Holdings Corp. Appoints Ron Bension to Its Board of Directors

CHANDLER, Ariz., May 13 /PRNewswire-FirstCall/ -- ProLink Holdings Corp. (BULLETIN BOARD: PLKH) , the world's leading provider of Global Positioning Satellite ("GPS") golf course management systems and digital out-of-home on-course advertising, announced today that it has appointed Ron Bension to its Board of Directors. Mr. Bension has led numerous major on-line and leisure recreation/entertainment companies to financial and strategic success and is currently the CEO of privately-held Sportnet. He replaces David Chazen, who resigned for personal reasons, as an independent director.

Mr. Bension was named CEO of Sportnet, a network of industry-leading sports sites that cover Action, Olympic and lifestyle sports, in February 2008, overseeing the Wasserman Media Group company's strategic, operational, and marketing efforts across its network of industry leading sports sites. Previously, he served as CEO of Tickets.com to restructure the fledgling on-line ticketing technology and service provider. He helped raise more than $20 million in new capital, installed a marquee management team, integrated 11 acquired companies and implemented multiple leading-edge digital ticketing technologies, resulting in significant cost savings, exponential revenue growth and increased market share. Mr. Bension also managed the company's relationships with the 2002 Winter Olympics and the World Series. He then oversaw Tickets.com's 2005 sale to Major League Baseball, a transaction that provided all stakeholders a meaningful return on their investment, including a significant premium to public shareholders.

"I am pleased to welcome such an accomplished executive to our Board of Directors," said Lawrence D. Bain, CEO of ProLink Solutions. "Given Ron's successes with emerging companies, I look forward to the role he can play in supporting us as we emerge as a digital media company."

Prior to joining Tickets.com, Mr. Bension was President and CEO of Sega GameWorks, a leading multi-unit, location-based entertainment company founded by Steven Spielberg. During his two and a half years at the company's helm, he engineered a dramatic increase in revenue and growth. He was honored for his achievements with the prestigious Ernst & Young Entrepreneur of the Year Award in 2001. Previously, he was Chairman and CEO of Universal Studios Recreation Group, a unit of Universal Studios, where he oversaw the $1 billion global leisure recreation company through its international expansion plans. He also has experience in the area of mergers and acquisitions, through his employment with several firms including Apollo, J.P. Morgan and Wasserstein Parella.

"I am pleased to join ProLink as it builds on its position as the leading provider of golf course management systems and as it builds upon its early successes in the digital out-of-home on-course advertising space," said Mr. Bension. "With advertisers increasing focus on cost-effective ways to reach consumers, ProLink offers a unique value proposition through the ProLink Network."

Mr. Bension holds a degree in Criminal Justice from California State University, Los Angeles.

About ProLink

ProLink Solutions is the world's leading provider of GPS golf course management systems and revenue-generating on-course advertising. ProLink Solutions' core philosophy is to be a "Trusted Partner" to its golf-course customers. From enhancing golfers' overall experience and improving pace-of- play, to increasing current revenue streams and creating new profit centers for golf courses, ProLink Solutions' products and services have captured markets both nationally and globally. For more information about ProLink, visit http://www.goprolink.com/, call 480.753.2337 or email info@goprolink.com.

Safe Harbor

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about ProLink Holdings Corp. (ProLink). Forward looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of ProLink's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements which are set forth in greater detail in the Company's filings with the Securities and Exchange Commission from time to time. The information set forth herein should be read in light of such risks. ProLink does not assume any obligation to update the information contained in this press release.

For more information about ProLink, visit http://www.goprolink.com/, call 480.753.2337 or email info@goprolink.com.

CONTACT: Daniel Mitchell Buffalo Communications 253.312.4536 dmitchell@billycaspergolf.com Investor Relations Contact: CEOcast, Inc. Gary Nash 212.732.4300 gnash@ceocast.com

ProLink Holdings Corp.

CONTACT: Daniel Mitchell of Buffalo Communications, +1-253-312-4536,
dmitchell@billycaspergolf.com; or Investor Relations, Gary Nash of CEOcast,
Inc., +1-212-732-4300, gnash@ceocast.com, both for ProLink Holdings Corp.

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

Mitek Systems Reports Operating Results for Second Quarter of Fiscal 2008New Product Launch, Customer Announcement Among Key Highlights

SAN DIEGO, May 13 /PRNewswire-FirstCall/ -- Mitek Systems, Inc. (BULLETIN BOARD: MITK) (http://www.miteksystems.com/), an innovator of image analytics and pattern recognition software, today announced financial results for the second quarter of fiscal 2008 ended March 31, 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20041117/LAW022LOGO)

Net sales were approximately $1.3 million in both the second quarter of fiscal 2008 and the second quarter in fiscal 2007. Gross margin for the second quarter of fiscal 2008 was 89%, compared with 92% for the same quarter last year. Total costs and expenses including cost of goods sold were approximately $1.5 million in both the second quarter of fiscal 2008 and the second quarter in fiscal 2007. Operating loss for the second quarter of fiscal 2008 was $221,000, compared to an operating loss of $210,000 for the same quarter last year.

Net loss for the second quarter of fiscal 2008 was $222,000 or $0.01 per basic and diluted share, compared with a net loss of $211,000 or $0.01 per basic and diluted share, for the same quarter last year.

The Company ended the second quarter of fiscal year 2008 with cash and cash equivalents of $1.5 million, compared with $2.2 million at the end of the same quarter last year. At of the end of the second quarter in fiscal year 2008, the Company had working capital of approximately $1.4 million and stockholders' equity of $1.5 million compared with working capital of $1.6 million and stockholders' equity of $1.7 million at the end of the second quarter of fiscal 2007.

During the second quarter, Mitek Systems launched ImageNet Photo and Video, pattern recognition technology that instantly reads, extracts and analyzes data from digital photos and video images. Mitek Systems also announced APS Technology Group, a leading supplier of vision-based optical character recognition (OCR) and automation systems for marine and intermodal container terminals, as a new customer that purchased and integrated ImageNet Photo and Video into its Container OCRTM system.

Additionally, Mitek Systems previewed and presented ImageNet Mobile Deposit, a software application that allows banks to accept paper check deposits and bill payments via images produced by camera-equipped mobile phones, at several industry conferences and tradeshows and is now underway on new customer trials.

"We are pleased to have brought ImageNet Mobile Deposit to market quickly for financial institutions to experience its functionality for mobile banking," said James DeBello, president and CEO, Mitek Systems. "We continue to hear positive comments about ImageNet Mobile Deposit at trade events across the country for its ability to augment existing Remote Deposit Capture systems and assist mobile workforces that collect COD checks."

The Company will host a conference call today at 11:00 a.m. Eastern Time (10:00 a.m. Central Time/8:00 a.m. Pacific Time) to discuss its second quarter fiscal 2008 results. The call can be accessed by calling 888-494-6099. The call can also be accessed live on the Investor Relations section of the company's Web site at http://www.miteksystems.com/, and a replay will be available approximately two hours after the completion of the call.

Analysis of the Company's financial statements is available within the Management's Discussion and Analysis section of the Form 10-QSB for the quarter ended March 31, 2008, filed with the SEC and available on the SEC's website at http://www.sec.gov/. A printable copy of the financial report will be posted on the Company's website at http://www.miteksystems.com/.

About Mitek Systems

Mitek Systems (BULLETIN BOARD: MITK) (http://www.miteksystems.com/) is an innovator of image analytics and pattern recognition technologies used by financial institutions, life science companies, and government agencies. The company develops and markets the most comprehensive suite of intelligent character recognition software used to test, clean, read and authenticate imaged checks, documents and objects, and its software is used to process more than nine billion transactions per year. For more information about Mitek Systems, contact the company at 858-503-7810 or visit http://www.miteksystems.com/

Forward Looking Statement

With the exception of historical matters, the matters discussed in this news release are forward-looking statements that involve risks and uncertainty. Forward-looking statements include, but are not limited to, future financial and operating results, statements relating to the launch of new products, entry into licensing agreements, and future prospects of Mitek's recurring royalties growth and sales volume, including involving ImageNet Payment or ImageNet Mobile Deposit. Actual results could differ from such forward-looking statements. There can be no assurance that Mitek will achieve results set forth herein. Mitek and Mitek Systems are registered trademarks of Mitek Systems, Inc.

Contacts: News Media Investors Rogers & Cowan Mitek Systems Inc. Jason Magner Tesfaye Hailemichael 310-854-8128 858-503-7810 jmagner@rogersandcowan.com tesfaye@miteksystems.com MITEK SYSTEMS, INC. CONDENSED BALANCE SHEET (Unaudited) March 31, March 31, 2008 2007 ASSETS Current assets $2,773,000 $3,493,000 Property and equipment - net 84,000 67,000 Other assets 29,000 29,000 TOTAL ASSETS $2,886,000 $3,589,000 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities $1,362,000 $1,898,000 Long term liabilities 51,000 35,000 TOTAL LIABILITIES 1,413,000 1,933,000 Stockholders' equity: Common stock 17,000 17,000 Additional paid-in capital 14,701,000 14,502,000 (Accumulated deficit) (13,245,000) (12,863,000) Total stockholder's equity 1,473,000 1,656,000 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $2,886,000 $3,589,000 MITEK SYSTEMS, INC. STATEMENTS OF OPERATIONS (Unaudited) THREE MONTHS ENDED SIX MONTHS ENDED March 31, March 31, 2008 2007 2008 2007 NET SALES $1,261,000 $1,301,000 $2,524,000 $2,740,000 OPERATING COSTS AND EXPENSES: Cost of sales 143,000 108,000 318,000 265,000 Operations 24,000 22,000 48,000 44,000 Selling and marketing 335,000 295,000 680,000 550,000 Research and development 501,000 495,000 1,032,000 997,000 General and administrative 479,000 591,000 952,000 1,387,000 Total costs and expenses 1,482,000 1,511,000 3,030,000 3,243,000 OPERATING LOSS (221,000) (210,000) (506,000) (503,000) Other income (expense) net 2,000 - 5,000 (1,000) LOSS BEFORE INCOME TAXES (219,000) (210,000) (501,000) (504,000) PROVISION FOR INCOME TAXES (3,000) (1,000) (3,000) (1,000) NET LOSS (222,000) (211,000) (504,000) (505,000) NET LOSS PER SHARE - BASIC & DILUTED (0.01) (0.01) (0.03) (0.03) WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC & DILUTED 16,751,137 16,751,137 16,751,137 16,750,044

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20041117/LAW022LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Mitek Systems, Inc.

CONTACT: News media, Jason Magner of Rogers & Cowan, +1-310-854-8128,
jmagner@rogersandcowan.com; or investors, Tesfaye Hailemichael of Mitek
Systems Inc., +1-858-503-7810, tesfaye@miteksystems.com

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

Telanetix Continues to Extend Telepresence Market Reach- Selects Anew Communications Technology to Advance Channel Partnerships in 12 States -

BELLEVUE, Wash., May 13 /PRNewswire-FirstCall/ -- Telanetix, Inc. (OTC BB: TNXI), a leading IP solutions provider offering telepresence and VoIP services to the SMB and SME markets, entered an agreement with Anew Communications Technology, Inc. (Anew C.T.), to strengthen Telanetix's sales reach for telepresence in 12 states in the Western U.S.

"We are excited to be selected as the field sales organization for Telanetix," noted Nelson Brugh, President of Anew C.T. "Telanetix is one of the pioneers of the telepresence marketplace that is experiencing explosive growth worldwide. Its total solution approach to the telepresence environment is unique in this market."

"As more and more SMBs are looking to incorporate advanced technologies into their every day culture to enhance productivity, Anew C.T. will be instrumental in educating a new base of channel partners on the benefits of telepresence as well as signing them up for our Digital Presence(TM) Solution," said Doug Johnson, CEO of Telanetix. "Anew C.T. joins five manufacturing representatives we are working with in the U.S. All together, we have built a solid distribution team with significant breath and depth. We believe increasing our exposure on the West Coast will play a major part in reaching our ultimate long-term sales and product support goals."

Anew C.T. is a sales and marketing manufacturer representative firm concentrating on the Commercial Audio Visual Market and Digital Signage Applications. Under the terms of the agreement, Anew C.T. will provide sales representation for Telanetix in California, Oregon, Washington, Arizona, Nevada, New Mexico, Colorado, Wyoming, Utah, Montana, Idaho and Alaska.

Anew C.T. was founded in 1999 and has offices in Colorado, Southern California, Northern California and the Pacific Northwest. The firm focuses on helping manufacturers with sales and training of the dealer-integrators in their territories as well as working with dealer-integrators with product solution demonstrations to their customers. Anew C.T. represents display products (plasma, LCD and front projection or rear projection screens), video conference solutions, wire and connectors, cable, plates, equipment racks, audio products (speakers, audio conferencing, amplifiers, mixer and matrix), document cameras, LCD and DLP projectors, PTZ cameras and PTZ camera control, UTP high video resolution transmission solutions and other audio visual or digital signage products.

About Telanetix, Inc.

Telanetix is a leading internet protocol (IP) solutions provider offering telepresence and Voice over IP (VoIP) services to the small-to-medium businesses and enterprise (SMB and SME) markets. By leveraging on ubiquitous network infrastructures, Telanetix's solutions meet the real-world communications demands of its customers. The company's telepresence offering, called Digital Presence(TM), creates fully immersive and interactive meeting environments that incorporate voice, video and data from multiple locations into a single environment at better quality and much lower price than competitors. The AccessLine Division provides VoIP services and gives companies flexible calling solutions at a fraction of the price of traditional telecom providers. Additional information can be found at the Telanetix corporate website, http://www.telanetix.com/

Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The companies undertake no obligation to publicly release statements made to reflect events or circumstances after the date hereof.

Telanetix, Inc.

CONTACT: Kent Hellebust of Telanetix, Inc., +1-206-515-9160,
khellebust@telanetix.com; or investors, Jim Blackman of PR Financial
Marketing, +1-713-256-0369, jim@prfmonline.com; or media, Todd Barrish of
Dukas PR, +1-212-704-7385, todd@dukaspr.com, both for Telanetix, Inc.

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

BIO-key(R) Receives $335,000 Contract Award From Baltimore PoliceOfficers on the Street Have Access to Critical Data with MobileCop(R) Software

WALL, N.J., May 13 /PRNewswire-FirstCall/ -- BIO-key International Inc. (BULLETIN BOARD: BKYI) , a leader in finger-based biometric identification and wireless public safety solutions, today announced a $335,000 contract award from the Baltimore (MD) Police Department ("BPD") for additional licenses of BIO-key's MobileCop software for its fleet of patrol vehicles. BPD has been a BIO-key customer since 2000.

With this award, more officers on the street will be able to directly query multiple federal and state databases for outstanding arrest warrants, stolen vehicle reports, sex offender status and other data critical to officer safety as well as law enforcement. The MobileCop mobile data solution also delivers driver photographs from the Maryland Motor Vehicle Administration and mug shots from Baltimore's arrest warrant database to aid officers in positively identifying a person of interest.

Without the MobileCop software in the patrol vehicle, an officer at a traffic stop would be required to radio a request to the BPD Communications Center for a dispatcher check on a license plate or driver's license and report the results back to the requesting officer. "Extending MobileCop to more officers significantly reduces the workload on our busy dispatchers," said Frank Zapushek, BPD's mobile data System Administrator. "At the same time, it allows officers on the street to get critical information they need more quickly, which greatly increases officer safety."

This mobile data system expansion was made possible through the assistance of the Montgomery County, (MD) Police Department, another MobileCop user agency, which made available excess laptops at no cost to BPD. In addition to outfitting additional patrol cars, BPD is now able to assign MobileCop-enabled laptops to detectives who need to be able to access mobile data from unmarked cars and other locations as well as at the police station.

BPD has also deployed PocketCop(R) software, BIO-key's complementary mobile data solution for smartphones and handheld devices, for use by foot patrol and other officers outside of a vehicle. PocketCop and MobileCop users can communicate with each other, and all users are notified when any officer gets a high-priority hit, such as an outstanding arrest warrant, in order to provide back-up, if necessary.

Ken Souza, Senior Vice President and General Manager of BIO-key's Law Enforcement Division, noted that, "Baltimore is one of our many large, urban law enforcement customers that rely on MobileCop and PocketCop as a mobile office for their officers in the field. BIO-key solutions become a force multiplier by making their officers more effective and productive, while they remain a visible deterrent to crime. We expect to deliver this contract in the current quarter."

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, 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/)

This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. The words "estimate," "project," "intends," "expects," "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of BIO-key International, see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.

Company Contact: BIO-key International, Inc. Bud Yanak 732-359-1100

BIO-key International, Inc.

CONTACT: Bud Yanak of BIO-key International, Inc., +1-732-359-1100

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

Shiner International Announces Promotion of Qingtao Xing to President

HAINAN, China, May 13 /Xinhua-PRNewswire-FirstCall/ -- Shiner International, Inc. , an emerging global leader in the anti- counterfeiting and advanced packaging industry, today announced it has promoted Qingtao Xing to the position of President. Mr. Xing, who most recently served as Vice President leading strategic initiatives for the Company, will continue to report to Shiner International's Chairman Mr. Yuet Ying and CEO Mr. Jian Fu.

In his new role, Mr. Xing will lead the Company's domestic and international strategic growth initiatives and acquisition strategy, and oversee Shiner's product sales and marketing divisions. Mr. Xing will also direct the Company's corporate finance efforts and serve as the primary liaison to the investment community.

Shiner International CEO Mr. Jian Fu commented: ''Qingtao has made a number of positive contributions throughout his career at Shiner. His focus on strategic growth and driving both domestic and international product sales, especially as we continue to gain traction in the international market for both our leading anti-counterfeiting and coated films, will help ensure a bright future for Shiner.''

Before joining Shiner International, Mr. Xing worked for LaSalle Investment Management's China team in commercial real estate throughout mainland China. During his time with LaSalle, Mr. Xing worked on deals with an aggregate value of more than $500 million, including high-end office developments. Prior to LaSalle, Mr. Xing worked for a couple of real estate development firms in China focused on office developments, residential neighborhoods and luxury hotels. He holds a Bachelor's degree from Tongji University and a Master's from Cornell University.

About Shiner International, Inc.

Shiner International ( http://www.shinerinc.com/ ) is a U.S. corporation that has its primary operations in China. Headquartered in the city of Haikou - China's "Hawaii'' - Shiner's products include coated packaging film, shrink- wrap film, common packaging film, anti-counterfeit laser holographic film and color-printed packaging materials. Approximately 60 percent of Shiner's current customers are located in China, with the remainder spanning Southeast Asia, Europe, the Middle East and North America. Shiner holds 13 patents on products and production equipment, and has additional patent applications pending. The Company's coated films meet the approval of U.S. FDA requirements, as well as those required for food packaging sold in the EU. Shiner's product manufacturing process is certified under ISO 9001:2000.

Safe Harbor Statement

All statements in this press release that are not historical are forward- looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Shiner International, Inc.'s current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Shiner's filings with the Securities and Exchange Commission.

For more information, please contact: Company Contact: Shiner International, Inc. Ms. Maggie DanDan Xing Tel: +86-13876687688 Email: info@shinerinc.com Investor Relations & Media Contact: Lambert, Edwards & Associates Noel Ryan, Pat Kane Tel: +1-616-233-0500 Email: nryan@lambert-edwards.com

Shiner International, Inc.

CONTACT: Ms. Maggie DanDan Xing of Shiner International, Inc. at +86-138-
7668-7688 or info@shinerinc.com; for Investor Relations & Media, Noel Ryan or
Patrick Kane of Lambert, Edwards & Associates at +1-616-233-0500 or
nryan@lambert-edwards.com

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

The Quantum Group Executes First Medicaid Service Contract with HMO

WELLINGTON, Fla., May 13 /PRNewswire-FirstCall/ -- The Quantum Group today announced that its subsidiary, Renaissance Health System of Florida, Inc., has expanded its relationship with one of its HMO partners in South Florida to include the use of its Community Health System. This expanded relationship will allow Renaissance to extend medical care to the HMO's Medicaid patients. The contract will initially cover South Florida, which has over 740,000 Medicaid beneficiaries. Quantum expects to deploy a similar model in other areas and with additional payers going forward.

Noel J. Guillama, President and CEO of The Quantum Group commented, "When we set out to build the largest independent Community Health System in the State of Florida, we anticipated that we would one day expand to Medicaid and eventually to commercial/employer-based products. With a well-established network of providers and a service area covering 26 counties, the time has come to expand our scope."

Mr. Guillama added, "We designed this organization to be able to adapt to changes in a constantly shifting industry. Our goal is to bring innovation to everything we do and leverage this innovation and forward thinking to reduce the inefficiencies that are inherent in healthcare delivery systems, no matter who the payer is. After a year of preparation, we are ready for this expansion."

About The Quantum Group, Inc.

The Quantum Group provides business process solutions, service chain management, strategic consulting and leading edge technology innovations to the healthcare industry.

Through our dynamic patient-centric architecture, we empower the communication that is critical for the coordination of care and take aim at the $600 billion inefficiency gap in the United States healthcare industry. We are guided by a mission to develop efficiencies, improve the quality of patient care and achieve cost reductions for the nation's largest and fastest growing industry.

We have developed leading-edge technology with the creation and deployment of a series of innovative patent-pending initiatives. Through 1,900+ healthcare providers and multiple insurance company relationships under management, we are positioned to be a catalyst for change to the Florida healthcare industry.

Certain statements contained in this news release, which are not based on historical facts, are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to substantial uncertainties and risks in part detailed in the respective company's Securities and Exchange Commission 10-KSB, 10-QSB, S-8 and 8-K filings (and amendments thereto) that may cause actual results to materially differ from projections. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "may," "anticipates," "believes," "should," "intends," "estimates" and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by these forward-looking statements. Such risk factors include, without limitation, the ability of the Company to properly execute its business model, to raise substantial and immediate additional capital to implement its business model, to attract and retain executive, management and operational personnel, to negotiate favorable current debt and future capital raises, to negotiate favorable agreements with a diversified provider base and to continue to supply the services needed by its HMO clients as well physician clients as well as the Company's ability to expand upon this first contract to other geographical areas and other payers in the future. The Company does not undertake any obligation to publicly update any forward-looking statements. There can be no assurance that the provisional patents discussed in this press release will be granted by the US Patent and Trademark Office, or, if they are granted, they will not be challenged by third parties, or if not that we will be able to effectively use or commercialize such patents and/or we may not have the resources to deploy such technology. As a result, investors should not place undue reliance on these forward-looking statements.

FOR MORE INFORMATION, PLEASE CONTACT: PR Financial Marketing Jim Blackman: 713-256-0369 jim@prfmonline.com or Danielle Amodio Vice President Corporate Communications The Quantum Group, Inc. 561.798.9800

The Quantum Group, Inc.

CONTACT: Jim Blackman of PR Financial Marketing, for The Quantum Group,
Inc., +1-713-256-0369, jim@prfmonline.com; or Danielle Amodio, Vice President,
Corporate Communications, of The Quantum Group, Inc., +1-561-798-9800

Finalists Announced for 2008 Informatica Innovation AwardsAnnual awards honor trend-setters using data integration to drive business value

REDWOOD CITY, Calif., May 13 /PRNewswire-FirstCall/ -- Informatica Corporation , the leading independent provider of data integration software, today announced the finalists in its 2008 Informatica Innovation Awards competition, honoring enterprises whose innovative implementations of Informatica solutions exemplify the state-of-the-art and expanding business value of data integration. Individual category winners, and the overall "best-of-the-best" winner, will be announced on June 4 at the Las Vegas Hilton as part of Informatica's 10th annual user conference, Informatica World 2008.

The 2008 finalists were selected from more than 3,000 Informatica customers for their leadership in using data integration to drive competitive advantage and operational excellence. Judges including Mark Smith, CEO and founder of Ventana Research, and Michael Friedenberg, CEO and president of CXO Media, will select the top winners across nine different Business Enablement and Technology Enablement categories.

"What stands out about the 2008 Innovation Awards competition is the sheer breadth of value realized in integration of data across the enterprise," said judge, Mark Smith, CEO and EVP Research, Ventana Research. "As the finalists demonstrate, access to clean and complete data underpins everything from customer satisfaction to superior service delivery that enables information to be used for improving the potential of business. The use of Informatica has spread across enterprises to automate and improve information architectures to deliver and these awards exemplify why the use of technology to integrate and improve data can improve processes and performance of any organization."

"The business side of an organization's technology initiatives is not always recognized by technology companies," said Rodric O'Connor, CTO, Blum Capital Partners L.P., one of the 2008 Innovation Awards finalists. "But the link between Informatica technology and business value is crystal clear. The Informatica Innovation Awards acknowledge that link. We're honored to be part of it."

The 2008 Innovation Awards categories and respective finalists are: Business Enablement Awards -- Driving shareholder value in M&A -- Cadbury Schweppes Americas Beverages, KPN, Virgin Media -- Delivering enhanced customer service -- AutoTrader.com, GE Money, KPN -- Driving operational efficiency -- Department of National Defence of Canada, Electronic Arts, ING Americas, KPN, LinkShare, Oi, SEI -- Enabling better decision making -- Ahold, Dell, Deutsche Post, Fortis -- Ensuring governance and compliance -- Bank of America, D&B, KPN

"There's only one way to compete effectively in the communications/entertainment industry -- customer service, outrageously fine customer service, supported by real-time access to customer data every second of every day," said Paul Froggatt, Information Management Manager, Virgin Media. "And that data has to be up to date. In spite of the merger of three companies over a brief period, that's what we promise our customers. This nomination acknowledges how much what we've accomplished means for Virgin Media and how much it means for our customers."

Technology Enablement Awards -- Data quality -- ACH Food Companies, KPN -- On-demand data integration -- Blum Capital Partners L.P., Ellie Mae -- B2B partner integration -- Defense Logistics Agency, Paramount Pictures -- Enterprise data integration -- Duke Energy, Fortis, ING Americas, KPN, T. Rowe Price

"T. Rowe Price's Technology strategic objective was to leverage our people, processes, and technologies to deliver the information our business partners require to be successful," said Gary Reicher, vice president, Database Services and Architecture, T. Rowe Price. "We established an Integration Competency Center (ICC) leveraging Informatica as our enterprise data integration solution for both operational and analytical data needs. It has yielded significant labor savings in new development and application maintenance while continuing to save on software and hardware costs for new integration projects. Informatica and our ICC represent a strategic technology framework for T. Rowe Price and we continue to benefit from the ongoing cost savings for the business putting T. Rowe Price in a better position to handle and support business for the future."

For more information on Informatica World 2008 and to register, please visit http://www.informatica.com/world.

About Informatica

Informatica Corporation is the leading independent provider of data integration software and services. With Informatica, organizations can gain greater business value by integrating all their information assets from across the enterprise. More than 3,000 companies worldwide rely on Informatica to reduce the cost and expedite the time to address data integration needs of varying complexity and scale. For more information, call +1 650 385 5000 (1 800 653 9871 in the U.S.), or visit http://www.informatica.com/.

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

Informatica Corporation

CONTACT: Deborah Wiltshire of Informatica Corporation, +1-650-385-5360,
mobile, +1-650-862-8186, dwiltshire@informatica.com; or Donna Lyon of Text
100, +1-415-593-8478, mobile, +1-650-248-1587, informatica@text100.com, for
Informatica Corporation

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

Hughes Communications Announces Proposed Public Offering

GERMANTOWN, Md., May 13 /PRNewswire-FirstCall/ -- Hughes Communications, Inc. ("Hughes"), the global leader in broadband satellite network solutions and services, today announced that it and certain members of senior management are offering shares of its common stock in an underwritten public offering. The offering will consist of an aggregate of 2,239,600 shares, of which approximately 2,000,000 shares are being offered by Hughes and approximately 239,600 shares are expected to be offered by certain selling stockholders, including members of its senior management. Hughes has also granted an option to the underwriters to purchase approximately up to an additional 335,940 shares of common stock. The shares will be sold under Hughes' effective shelf registration statement. Hughes currently intends to use the net proceeds for the acquisition of a satellite or general corporate purposes. Hughes will not receive any proceeds from the sale of the shares by the selling stockholders.

Goldman, Sachs & Co. and Lehman Brothers are acting as joint book-running managers, with Banc of America, Cowen and Company, Morgan Stanley, UBS Investment Bank, and Wachovia Securities acting as co-managers for the offering.

Hughes has filed with the Securities and Exchange Commission a preliminary prospectus supplement relating to the offering. When available, a copy of the preliminary prospectus for the offering may be obtained from Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, Attn: Prospectus Department (Tel: 212-902-1171) and from Lehman Brothers Inc., c/o Broadridge Integrated Distribution Services, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: 1-888-603-5847).

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. These securities may not be sold nor any offers to buy be accepted prior to the time that the prospectus supplement and related prospectus are delivered in final form.

About Hughes Communications, Inc.

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

Headquartered outside Washington, DC, in Germantown, Maryland, USA, Hughes maintains sales and support offices worldwide.

Hughes and HughesNet are registered trademarks of Hughes Network Systems, LLC.

Hughes Communications, Inc.

CONTACT: Judy Blake of Hughes Network Systems, LLC, +1-301-601-7330,
jblake@hns.com

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

Synaptics to Attend Upcoming Investor Conferences

SANTA CLARA, Calif., May 13 /PRNewswire-FirstCall/ -- Synaptics , a leading developer of human interface solutions for mobile computing, communications, and entertainment devices, today announced that members of the executive management team will present to investors at the following investor conferences:

Craig Hallum 5th Annual Institutional Investor Conference Date: May 20, 2008 Time: 1:20 pm CDT Location: The Radisson Plaza Hotel, Minneapolis, MN Cowen 20/20 Technology -- Media -- Telecom Conference Date: May 29, 2008 Time: 10:15 am EDT Location: The New York Palace Hotel, New York, NY Oppenheimer Annual Communications & Technology Conference Date: June 4, 2008 Time: 1:10 pm EDT Location: The Four Seasons Hotel, Boston, MA

The presentations may include forward-looking information. Live and on demand webcasts of the events will be made available on the "Webcasts/Presentations" page of Synaptics' Investor Relations website at http://www.shareholder.com/synaptics/.

About Synaptics Incorporated

Synaptics is a leading developer of human interface solutions for mobile computing, communications, and entertainment devices. The Company creates interface solutions for a variety of devices including notebook PCs, PC peripherals, digital music players, and mobile phones. The TouchPad(TM), Synaptics' flagship product, is integrated into a majority of today's notebook computers. Consumer electronics and computing manufacturers use Synaptics' solutions to enrich the interaction between humans and intelligent devices through improved usability, functionality, and industrial design. The Company is headquartered in Santa Clara, California. http://www.synaptics.com/

For more information contact: Molly Plyler The Blueshirt Group 415-217-7722 molly@blueshirtgroup.com

Synaptics Incorporated

CONTACT: Molly Plyler of The Blueshirt Group, +1-415-217-7722,
molly@blueshirtgroup.com, for Synaptics Incorporated

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

Radware Receives Network Products Guide 2008 Product Innovation AwardDefensePro Selected as Winner in the Behavioral Security Category

MAHWAH, New Jersey, May 13 /PRNewswire-FirstCall/ -- Radware , the leading provider of integrated application delivery solutions for business-smart networking, today announced that Network Products Guide, a Silicon Valley Communications publication and a world leading publication on technologies and solutions has named DefensePro 3020 a winner of the 2008 Product Innovation Award.

This annually venerated award recognizes and honors vendors from all over the world with innovative and ground-breaking products that are bringing essential and incremental changes and are setting the bar higher for others in all areas of information technology.

Radware's DefensePro is the industry's first solution providing unparalleled security by fully integrating adaptive, behavior-based protection capabilities in both network and application levels. It immediately identifies and mitigates a wide range of threats (including zero-day attacks including worms, viruses, pre-attack probes, server cracking and other threats) by employing adaptive behavioral analysis - all without human intervention.

"The goal of any product innovation must always remain a positive change, making or improving solutions better than before," says Rake Narang, editor-in-chief, Network Products Guide. "Innovative products such as Radware's DefensePro are bringing improvements in terms of providing users with network and application security."

"Innovation is at the core of the behavioral technology on which our DefensePro is based and which reinforces our commitment in meeting our security customer needs," stated Avi Chesla, Vice President Security, Radware. "We are pleased to have received the Network Products Guide's recognition of DefensePro as this further validates our solution as best-in-class."

About Network Products Guide Awards

Network Products Guide published from Silicon Valley is a leading provider of products, technologies and vendor related research and analysis. You will discover a wealth of information in this guide including product innovations, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit http://www.networkproductsguide.com/

About Radware

Radware , the global leader in integrated application delivery solutions, assures the full availability, maximum performance, and complete security of business-critical applications for more than 5,000 enterprises and carriers worldwide. With APSolute(TM), Radware's comprehensive and award-winning suite of intelligent front-end, access, and security products, companies in every industry can drive business productivity, improve profitability, and reduce IT operating and infrastructure costs by making their networks "business smart." For more information, please visit http://www.radware.com/.

This press release may contain forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the Application Switching or Network Security industry, changes in demand for Application Switching or Network Security products, the timing and amount or cancellation of orders and other risks detailed from time to time in Radware's filings with the Securities and Exchange Commission, including Radware's Form 20-F.

Radware Ltd

CONTACT: Media Relations: Joyce Anne Shulman, +1-201-785-3209,
joyceannes@radware.com

Adaptec Launches New Entry-Level Offerings Based on Unified Serial RAID Controller Performance ArchitectureNew Series 2 Low-Profile Controllers Leverage Series 5 Design and Deliver Hardware RAID 0, 1, 10 for SATA and SAS Disk and Tape-Based Applications

MILPITAS, Calif., May 13 /PRNewswire-FirstCall/ -- Adaptec Inc., , a global leader in storage solutions, today unveiled a new family of entry-level Unified Serial(TM) RAID controllers. The new low-profile Series 2 RAID controllers, built on the same Adaptec industry-leading dual core RAID-on-Chip (ROC) architecture used in its successful Series 5 RAID controllers, provide significant performance enhancement and scalability to low-cost data storage systems.

The Series 2 controllers eliminate the limitations of software RAID-based hardware solutions commonly found in entry-level systems, delivering a wide range of advantages for inexpensive SATA and SAS disk and tape drive systems. This includes offering the superior performance of advanced hardware RAID 0, 1 and 10 independent of the server and its operating system; a dramatic increase in data storage system configurability through the controllers' innovative internal and external port architecture; greater support of Open Source drivers; and no vulnerability to viruses. With these controllers, Adaptec provides system integrators, value-added resellers, OEMs, and enterprise data centers with the ability to meet a wide range of data storage I/O (input/output) requirements using entry-level systems.

"The Adaptec Series 2 family is critical to our comprehensive line of Unified Serial RAID controllers," said Suresh Panikar, director, Worldwide Marketing, Adaptec. "Customers who have specific storage needs -- increased RAID performance for disk drives, tape backup, or are working with applications based on Linux -- will find our Series 2 controllers exceed those needs."

The new controllers offer complete compatibility with more than 300 SATA/SAS devices, including midplanes, disk drives, and tape drives. Series 2 controllers are also "plug and play" compatible with Linux drivers 2.4.2 or later.

"We are committed to providing best-in-class SAS tape drive solutions, and the compatibility and performance of the new Series 2 Adaptec controllers is an ideal complement to our LTO family of internal and external SAS tape drives," said Bharat Kumar, vice president of Worldwide Marketing and Development, Tandberg Data. "We will continue to work closely with Adaptec to ensure our SAS tape drives, coupled with the Series 2 controllers, meet the performance and needs of our customers."

Adaptec RAID Series 2 controllers are engineered to deliver the industry's most cost-effective solution for increasing data storage access and scalability. Equipped with 128MB of DDR2 cache, customers can connect up to 128 SATA/SAS I/O devices, including disk drives or tape drives using SAS expanders. The Series 2 family integrates the latest PCIe connectivity, the broadest operating system support, including embedded open source Linux drivers and proven compatibility.

Pricing and Availability

The Series 2 family consists of three products: the Adaptec RAID 2405 Kit (US$250) with four internal ports, the Adaptec 2405 Single (US$225) with four internal ports, and the Adaptec 2045 Single (US$250). Adaptec Series 2 kits include a fanout cable. All cards will be shipping and available through worldwide distributors and resellers by May 30, 2008.

Both cards integrate Adaptec Storage Manager(TM) (ASM) software. ASM centralizes management of Adaptec RAID products. Cards installed in one or more servers can be configured, managed and monitored remotely from a single client workstation through secure, encrypted communications. The intuitive RAID management tool provides pop-up tips and online help to simplify the creation and management of RAID arrays.

About Adaptec

Adaptec, Inc. provides trusted storage solutions that reliably move, manage, and protect critical data and digital content. Adaptec's software and hardware-based solutions are delivered through leading channel partners and Original Equipment Manufacturers (OEMs) to provide storage connectivity, data protection, and networked storage to enterprises, government organizations, medium and small businesses worldwide. More information is available at http://www.adaptec.com/.

Adaptec is a registered trademark and Unified Serial is a trademark in the United States and other countries. Other product and company names are trademarks or registered trademarks of their respective owners. Adaptec disclaims any and all rights in these trademarks.

Contact: Andrew Staples Walt & Company for Adaptec 408-369-7200 ext. 1056 astaples@walt.com

Adaptec Inc.

CONTACT: Andrew Staples of Walt & Company, +1-408-369-7200, ext. 1056,
astaples@walt.com, for Adaptec Inc.

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

QXM to Announce its 1Q 2008 Earnings Results on 21 May 2008

BEIJING, May 13 /Xinhua-PRNewswire-FirstCall/ -- Qiao Xing Mobile Communication Co., Ltd. ("Qiao Xing Mobile" or "the Company") , one of China's leading manufacturers of mobile handsets, announced that it will report its first quarter earnings results before the U.S market opens on Wednesday, May 21, 2008. QXM's management team will hold a conference call on the same day at 8:00am EST (8:00pm Beijing Time) to review the results and take questions from financial analysts.

Conference Call The dial-in details for the live conference call are as follows: - U.S. dial-in Number 866-356-4441 - International dial-in Number 617-597-5396 - HK dial-in Number 852-3002-1672 - China dial-in Number 10-800-130-0399 Passcode QXM

Please dial in approximately 10 minutes before the scheduled time of the call.

A live webcast of the conference call will be available on http://www.qxmc.com/

A telephone replay of the call will be available after the conclusion of the conference call through 10:00am Eastern Time on May 28, 2008. The dial-in details for the replay are as follows:

- International dial-in number 617-801-6888 Access Code 51345655 About Qiao Xing Mobile Communication Co., Ltd.

Qiao Xing Mobile Communication Co., Ltd. is one of the leading domestic manufacturers of mobile handsets in China in terms of unit sales volume. The Company manufactures and sells mobile handsets based primarily on Global System for Mobile Communications, or GSM, global cellular technologies. It operates its business primarily through CEC Telecom Co., Ltd., or CECT, its 96.55%-owned subsidiary in China. Currently, all of its products are sold under the "CECT" brand name. Through its manufacturing facility in Huizhou, Guangdong Province, China, and two research and development centers in Huizhou and in Beijing, the Company develops, produces and markets a wide range of mobile handsets, with increasing focus on differentiated products that generally generate higher profit margins.

For further information, contact: Ma Tao Qiao Xing Mobile Communication Co., Ltd. Tel: +86-10-6250-1706 Email: matao@cectelecom.com Peter Homstad Christensen Tel: +1-480-614-3026 Email: phomstad@ChristensenIR.com Tip Fleming Christensen Tel: +852-2117-0861 Email: tfleming@ChristensenIR.com

Qiao Xing Mobile Communication Co., Ltd.

CONTACT: Ma Tao of Qiao Xing Mobile Communication Co., Ltd., +86-10-6250-
1706, or matao@cectelecom.com; Peter Homstad of Christensen, +1-480-614-3026,
or phomstad@ChristensenIR.com; Tip Fleming of Christensen, +852-2117-0861, or
tfleming@ChristensenIR.com, all for Qiao Xing Mobile Communication Co., Ltd.

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

China Digital TV's Chief Financial Officer, Mason Xu to Present at Three US Conferences and Conduct an Overseas Non-deal Road Show

BEIJING, May 13 /Xinhua-PRNewswire/ -- China Digital TV Holding Co., Ltd. , the leading provider of conditional access systems to China's rapidly growing digital television market, today announced that China Digital TV's chief financial officer, Mr. Mason Xu, will travel to the United States to present at three investment conferences and conduct a non-deal road show.

Mr. Xu will travel to New York City to present at the Brean Murray All-Cap All-China Conference on May 20th and Oppenheimer's 2nd Annual China Dragon Call Conference on May 21st. He will then travel to Las Vegas, Nevada to present at the Goldman Sachs Ninth Annual Internet Conference on May 22nd. Mr. Xu will conduct an overseas non-deal road show immediately following the conferences.

Upcoming conferences: Brean Murray All-Cap All-China Conference Location: New York City, Waldorf Astoria Hotel Presenter: Mason Xu, CFO Date: May 20 Time: 8:45 - 9:25 AM Oppenheimer's 2nd Annual China Dragon Call Conference Location: New York City, Oppenheimer Offices at 300 Madison Avenue Presenter: Mason Xu, CFO Date: May 21 Time: 2:25 - 3:05 PM

A live webcast of China Digital TV's presentation at this conference will be available on the "Webcasts" section of the China Digital TV website: http://ir.chinadtv.cn/ .

Goldman Sachs Ninth Annual Internet Conference Location: Las Vegas, Nevada, The Bellagio Hotel Presenter: Mason Xu, CFO Date: May 22 Time: 4:05 - 4:45 PM Non-deal Road Show: Date: May 23 - 28 Location: New York and Mid Atlantic Date: May 29 Location: Boston About China Digital TV

Founded in 2004, China Digital TV is the leading provider of conditional access ("CA") systems to China's rapidly growing digital television market. CA systems enable television network operators to manage the delivery of customized content and services to their subscribers. China Digital TV conducts its CA-related business through its subsidiary, Beijing Super TV Co., Ltd., and its affiliate, Beijing Novel-Super Digital TV Technology Co., Ltd. and its value-added services business through its subsidiary, Beijing Novel-Super Media Investment Co., Ltd.

For more information please visit the Investor Relations section of China Digital TV's website at http://ir.chinadtv.cn/ .

For investor and media inquiries, please contact: In China: Eric Yuan China Digital TV Tel: +86-10-8279-0021 Email: ericyuan@novel-supertv.com Helen Plummer Ogilvy Public Relations Worldwide (Beijing) Tel: +86-10-8520-3090 Email: helen.plummer@ogilvy.com In the United States: Jessica Cohen Ogilvy Public Relations Worldwide (New York) Tel: +1-646-460-9989 Email: jessica.cohen@ogilvy.com

China Digital TV Holding Co., Ltd.

CONTACT: In China: Eric Yuan, China Digital TV, +86-10-8279-0021,
ericyuan@novel-supertv.com; or Helen Plummer, Ogilvy Public Relations
Worldwide (Beijing), +86-10-8520-3090, or helen.plummer@ogilvy.com; In the
United States: Jessica Cohen, Ogilvy Public Relations Worldwide (New York),
+1-646-460-9989, or jessica.cohen@ogilvy.com

Web site: http://ir.chinadtv.cn/

The Sun Ranked as the Most Widely Read Online Newspaper in the U.K. in March

LONDON, May 13 /PRNewswire/ --

- Nearly 15 Million People Visited Newspaper Sites during the Month

comScore, Inc. (Nasdaq: SCOR), a leader in measuring the digital world, today released a study summarizing the usage of websites for major daily newspapers, based on data from comScore Media Metrix. The study revealed that 14.8 million people in the U.K. visited a newspaper site in March, viewing a total of 448 million pages of newspaper content over the course of the month.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)

The Sun Online was the most popular online newspaper in the U.K., attracting 4.3 million visitors in March and accounting for nearly 30 percent of all pages viewed in the newspaper category. Guardian.co.uk had the second largest audience with 3.6 million visitors, followed by Telegraph Group Ltd (2.8 million visitors), and the Times Online (2.6 million visitors).

Top Ten U.K. Online Newspaper Sites Ranked by Total U.K. Unique Visitors March 2008 Total U.K. - Age 15+, Home & Work Locations (000)* Source: comScore Media Metrix Total Unique Total Pages Property Visitors (000) Viewed (MM) Total U.K. Internet Audience 33,761 107,287 Newspapers 14,823 448 The Sun Online 4,268 131 GUARDIAN.CO.UK 3,619 44 Telegraph Group Ltd 2,754 20 Times Online 2,600 21 DAILYMAIL.CO.UK 2,466 40 INDEPENDENT.CO.UK 1,017 3 MIRROR.CO.UK 989 11 Financial Times Group 841 12 METRO.CO.UK 488 3 THISISLONDON.CO.UK 376 2

*Excludes traffic from public computers such as Internet cafes or access from mobile phones or PDAs.

"With 44 percent of the U.K.'s total online population accessing a newspaper website and viewing half a billion pages of newspaper content in March, it's clear that the expansion of traditional print newspapers to the Internet is making a significant contribution to their overall readership," said Jack Flanagan, executive vice president of comScore.

Traditional Newspaper Content Proves Popular Amongst Online Readers

An analysis of the online behavior of heavy online newspaper readers (defined as the top 20 percent of visitors to the newspaper site category based on time spent, as measured by the comScore Segment Metrix service), revealed their strong appetite for traditional newspaper-type content across the Web, including politics, job listings, lifestyle - food, and financial news. These heavy online newspaper visitors were more than three times as likely as the average Internet user to visit politics sites (index of 337) and more than twice as likely to visit the job search (index of 216), hobbies/lifestyle - food (index of 211) and finance - news/research (index of 207) site categories.

Top Ten Site Categories Visited by Heavy U.K. Online Newspaper Site Visitors March 2008 Total U.K. - Age 15+, Home & Work Locations (000)* Source: comScore Segment Metrix Site Category Composition Index** Politics 337 Job Search 216 Hobbies/Lifestyle - Food 211 Finance - News/Research 207 Car Rental 192 Entertainment - News 191 Home 186 Business to Business 183 Health - Information 181 Religion 180

*Excludes traffic from public computers such as Internet cafes or access from mobile phones or PDAs.

** Composition Index = % of heavy news site visitors/% of total Internet population x 100; Index of 100 represents parity

"From the publisher perspective, understanding the types of sites that heavy online news consumers also visit can help identify the content that might help keep them more engaged at the publishers' sites," added Mr. Flanagan. "And from the advertiser's point of view, understanding the interests of the core online newspaper audience can provide unique insights for targeting ads to them that are consistent with their interests."

About comScore

comScore, Inc. (NASDAQ: SCOR) is a global leader in measuring the digital world. For more information, please visit http://www.comscore.com/boilerplate

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

comScore, Inc.

Jamie Gavin of comScore, Inc., +44-(0)-207-099-1775, worldpress@comscore.com / Photo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO/ AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com

Honeywell-Nobel Laureate Lecture Series to be Held at Brno University of Technology

BRNO, Czech Republic, May 13 /PRNewswire/ --

- Professor Alan J. Heeger, 2000 Chemistry Nobel Laureate, to interact with students on creativity and discovery in science and the close association of creativity with risk-taking in scientific research

Honeywell (NYSE: HON) today announced that the Brno University of Technology will host at its Faculty of Information Technology the second Honeywell-Nobel Laureate Lecture Series held in the Czech Republic. Professor Alan J. Heeger, the 2000 Nobel Laureate in Chemistry, will visit Brno University of Technology on May 13 to deliver a lecture on "Creativity, Discovery and Risk - Nobel Prizes Past and Future" and interact with students and faculty. He will also deliver a colloquium on "Low Cost 'Plastic' Solar Cells" at the same venue on May 14.

The Honeywell-Nobel Laureate Lecture Series is the centerpiece of a global education initiative designed to connect students across the globe with Nobel Prize winners in Chemistry and Physics to inspire and motivate the development of scientists of the future. Honeywell chose the Czech Republic to launch the global initiative in October 2006 with the visit of Dr. Horst Stormer, 1998 Nobel Laureate in Physics, at the Czech University of Technology in Prague.

"The Honeywell-Nobel Laureate Lecture Series is a great platform to expose students to and interact with the world's best scientific minds. Czech Republic has a tremendous pool of young talent and through opportunities such as these, we hope to inspire students to pursue advanced studies in science. We have a rich association with Brno University of Technology and are pleased to be reaching out to a pool of aspiring young scientists, encouraging them to greater achievements," said Adriane Brown, the President and CEO, Transportation Systems, Honeywell, who will be personally opening Professor Heeger's lecture at Brno University of Technology on Tuesday, May 13.

Honeywell and Brno University of Technology have been collaborating together on several initiatives since 2003. These initiatives include Innovators Scholarship Program for outstanding students, student internship program, annual competition events for graduate and doctoral students, participation at university job fairs and other similar events, collaboration in R&D project pursuit on national and EU level, company personnel membership in university academic and scientific bodies, etc.

"We are delighted to be chosen by Honeywell to host Professor Alan J. Heeger as part of the Honeywell-Nobel Laureate Lecture Series. Some of our professors have participated at his lectures abroad and were amazed by his depth of knowledge and inspirational drive," said prof. Ing. Karel Rais, CSc., MBA, Rector of the Brno Technical University, and continued: "BUT is recognized for its educational excellence and this initiative will enrich the student's learning, providing them a never before opportunity to interact with one of the world's best known scientists."

"Creativity, Discovery and Risk - Nobel Prizes Past and Future"

In his lecture on May 13 at the Brno University of Technology, Dr. Heeger will focus on creativity and discovery in science and the close association of creativity with risk-taking in scientific research. He will use examples from his life to illustrate creativity, and will distinguish discovery and creativity in past Nobel Prizes. He will also summarize the early discoveries in the field of semiconducting and metallic polymers, and the risks associated with that early work. His lecture will focus on some of his current scientific and entrepreneurial activities that range from polymer based solar cells to biosensors. His talk will conclude with advice to young and aspiring scientists.

Professor Alan J. Heeger

Widely known for his pioneering research in and the co-founding of the field of semiconducting and metallic polymers, Professor Heeger is also the recipient of numerous awards, including the Nobel Prize in Chemistry (2000), the Oliver E. Buckley Prize for Condensed Matter Physics, the Balzan Prize for the Science of New Materials, the Eni Italgas Prize for Energy and the Environment, the President's Medal for Distinguished Achievement from the University of Pennsylvania, the Chancellor's Medal from the University of California, Santa Barbara, and honorary doctorates from more than a dozen universities in the United States, Europe and Asia. He is a member of the National Academy of Science (USA), the National Academy of Engineering (USA) and a foreign member of the Korean Academy of Science.

Prof. Heeger has more than 800 publications in scientific journals and holds approximately 50 patents.

His research group in the Center for Polymers and Organic Solids continues to focus on the science and technology of semiconducting and metallic polymers. Current interests also include biosensors for the detection of specific targeted sequences on DNA, the detection of specific proteins and the detection of biologically relevant small molecules.

The Honeywell-Nobel Laureate Lecture Series

The Honeywell-Nobel Laureate Lecture Series is part of Honeywell's Science Education Initiative, an effort designed to inspire the next generation of engineers and scientists beginning with students and teachers at middle schools and extending to targeted universities around the world. Honeywell's science and math education programs, FMA Live!, Honeywell Educators@Space Academy, and Honeywell Scholars@Presidential Classroom, have already reached more than 100,000 students and teachers in 26 countries and 41 U.S. states. For additional information on the Honeywell Nobel Initiative please visit www.honeywellscience.com.

About Honeywell International

Honeywell International is a US$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 www.honeywell.com.

About Brno University of Technology

Brno University of Technology (BUT, http://www.vutbr.cz) was founded in 1899 in Brno. With more then 21.000 students, the Brno University of Technology is one of the largest universities in the Czech Republic covering the whole spectrum of technical disciplines in nearly 160 fields of study. The university promotes interdisciplinary branches such as materials science and engineering, mechatronics, mathematical and physical engineering, ecological engineering, biomedical engineering and medical informatics, industrial design, etc. BUT has received a prestigious certificate of European Commission "Diploma Supplement Label" in the year 2006. Results achieved within several research fields received a high recognition by scientific community worldwide.

This release contains certain statements that may be deemed

"forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

Media Contact: Corporate Communications Manager EMEA Ing. Zekie Dennehy +420-725-744-191 zekie.dennehy@honeywell.com Web site: http://www.honeywell.com http://www.honeywellscience.com

Honeywell

Ing. Zekie Dennehy, Corporate Communications Manager EMEA, +420-725-744-191, zekie.dennehy@honeywell.com

Radware Joins Juniper Networks J-Partner Solutions Alliance ProgramRadware's ADC Solutions and Juniper's SSL VPN and UAC Solutions Provide Customers With High-Performance, Secure and Scalable Infrastructure, Increasing Productivity and Business Continuity Cost-Effectively

MAHWAH, New Jersey, May 13 /PRNewswire-FirstCall/ -- Radware , the leading provider of integrated application delivery solutions for business-smart networking, today announced that it has joined the Juniper Networks J-Partner Solutions Alliance Program. The interoperability of Radware's AppDirector application delivery controller and the Juniper Networks Secure Access SSL VPN appliances and Unified Access Control (UAC) solution provide customers with a more comprehensive application delivery solution.

"Juniper partners with companies like Radware to deliver high-performance networking solutions that customers require," said Doug Erickson, director of worldwide alliance and channel development at Juniper Networks. "We look forward to providing our customers and partners with solutions that deliver high-availability, maximum performance and comprehensive security."

Juniper's high-performance infrastructure delivers fast, reliable, secure access to services and applications over a single network. Radware's AppDirector application delivery controller provides the scalability and performance necessary to maximize IT investments and help to ensure productivity is not compromised. By combining these unique strengths, the joint solution provides customers with an application-aware network that offers application availability, optimized end user response time and productivity, and a fully secured application delivery infrastructure.

"We are very excited by the opportunity to team with the market leader in high-performance networking," stated Yossi Vardi, Vice President Global Business Development, Radware Ltd. "The value proposition of our joint solutions meets customers' requirements for availability, performance and security, and provides a scalable cost-effective solution for future growth with full investment protection."

About the Juniper J-Partner Solutions Alliances Program

Juniper Networks transforms the business of networking by creating competitive advantage for our customers with the most sophisticated networking and security solutions in the industry. For more information on joining the J-Partner Solutions Alliances program, please visit http://www.juniper.net/partners/.

About Radware

Radware , the global leader in integrated application delivery solutions, assures the full availability, maximum performance, and complete security of business-critical applications for more than 5,000 enterprises and carriers worldwide. With APSolute(TM), Radware's comprehensive and award-winning suite of intelligent front-end, access, and security products, companies in every industry can drive business productivity, improve profitability, and reduce IT operating and infrastructure costs by making their networks "business smart." For more information, please visit http://www.radware.com/.

This press release may contain forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the Application Switching or Network Security industry, changes in demand for Application Switching or Network Security products, the timing and amount or cancellation of orders and other risks detailed from time to time in Radware's filings with the Securities and Exchange Commission, including Radware's Form 20-F.

Juniper Networks and the Juniper Networks logo are registered trademarks of Juniper Networks, Inc. in the United States and other countries. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.

Radware Ltd

CONTACT: Media Relations: Joyce Anne Shulman, +1-201-785-3209,
joyceannes@radware.com

Focus Media to Present at Goldman Sachs Ninth Annual Internet Conference

SHANGHAI, China, May 13 /Xinhua-PRNewswire/ -- Focus Media Holding Limited , China's leading multi-platform digital media company today announced that it will present at the Goldman Sachs Ninth Annual Internet Conference which will be held during May 21-22, 2008 at The Bellagio in Las Vegas, Nevada, USA. Daniel Wu, Chief Financial Officer, and David Zhu, Chief Executive Officer of Allyes (wholly-owned subsidiary of Focus Media) will present at 11:00 a.m. on Thursday, May 22, 2008.

About Focus Media Holding Limited

Focus Media Holding Limited is China's leading multi- platform digital media company, operating the largest out-of-home advertising network in China using audiovisual digital displays, based on the number of locations and number of flat-panel television displays in our network, and is also a leading provider of mobile handset advertising and Internet marketing solutions in China. Through Focus Media's multi-platform digital advertising network, the company reaches urban consumers at strategic locations and point- of-interests over a number of media formats, including audiovisual television displays in buildings and stores, advertising poster frames and other new and innovative media, such as outdoor light-emitting diode or LED digital billboard, mobile handset advertising networks and Internet advertising platforms. As of December 31, 2007, Focus Media's digital out-of-home advertising network had approximately 112,298 LCD display in its commercial location network, approximately 49,452 LCD displays in its in-store network and over 190,000 advertising in-elevator poster / digital frames, installed in over 90 cities throughout China, and approximately 200 outdoor LED billboard displays in Shanghai. For more information about Focus Media, please visit our website at ir.focusmedia.cn.

Safe Harbor: Forward-Looking Statements

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the Business Outlook section and quotations from management in this press release, as well as Focus Media's strategic and operational plans, contain forward-looking statements. Focus Media may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on forms 20-F and 6-K., in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Focus Media's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, risks outlined in Focus Media's filings with the U.S. Securities and Exchange Commission, including its registration statements on Form F-1, F-3, F-6 and 20-F. Focus Media does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Focus Media Holding Limited

CONTACT: Investor and Media Contact, Jie Chen of Focus Media Holding Ltd,
+86-21-3212-4661 x6607, or ir@focusmedia.cn, of Focus Media Holding Limited

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