Companies news

SI International Awarded $11 Million Health Service Contract

RESTON, Va., May 14 /PRNewswire-FirstCall/ -- SI International, Inc. , an information technology and network solutions (IT) company, announced today that the Company has been awarded a new prime contract with the Indian Health Service (HIS), an operating division (OPDIV) of the U.S. Department of Health and Human Services (HHS). SI International will provide information technology services that support the implementation of the IHS IT Enterprise Life Cycle Project Management and Information Enterprise Architecture initiatives. The contract has a one year base period with two one-year option periods. The contract value is approximately $11 million, inclusive of all options.

The Company will provide a variety of services that support the implementation of the IHS initiatives, including enterprise architecture, project planning, project schedule development and tracking, requirements definition and management, scenario based test planning, earned value tracking, capital planning and investment control, and documentation development (technical and non-technical).

"We look forward to supporting the Indian Health Service's efforts to enhance service delivery across their health care system," said Brad Antle, President and CEO of SI International. "SI International brings a strong understanding of project management, portfolio management and enterprise architecture that will be used to assess legacy and development systems for alignment with key business, technical and operational goals."

The HHS and IHS are developing an Information Enterprise Architecture Program to standardize and improve enterprise architecture processes. IHS uses information technology to improve health care quality, enhance access to specialty care, reduce medical errors, and modernize administrative functions consistent with the HHS enterprise initiatives.

About SI International: SI International, a member of the Russell 2000 and S&P SmallCap 600 indices, is a provider of information technology and network solutions (IT) primarily to the federal government. The Company combines technology and industry expertise to provide a full spectrum of state-of-the- practice solutions and services, from design and development to documentation and operations, to assist clients in achieving their missions. SI International is ranked as the 42nd largest Federal Prime IT Contractor by Washington Technology and has approximately 4,500 employees. More information about SI International can be found at http://www.si-intl.com/.

The above-referenced statements may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals, financial information or reporting, and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward- looking statements may involve a number of risks and uncertainties, which are described in the Company's filings with the Securities and Exchange Commission. These risks and uncertainties include: changes in federal government (or other applicable) procurement laws, regulations, policies and budgets; risks relating to contract performance; changes in the competitive environment (including as a result of bid protests); and the important factors discussed in the Risk Factors section of the annual report on Form 10-K filed by the Company with the Securities and Exchange Commission and available directly from the Commission at http://www.sec.gov/. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact: Alan Hill VP. Corp. Communications 703-234-6854 alan.hill@si-intl.com

SI International, Inc.

CONTACT: Alan Hill, VP. Corp. Communications of SI International, Inc.,
+1-703-234-6854, alan.hill@si-intl.com

Web site: http://www.si-intl.com/

KIT digital Announces First Quarter Financial ResultsRevenues up 16.7%Restructuring-focused quarter, with significant severance and non-cash chargesNet loss - less non-cash items, restructuring charges and restructuring-related non-recurring charges - reduced by 46.2% vs. total Q1 2007 loss

DUBAI, United Arab Emirates, May 14 /PRNewswire-FirstCall/ -- ROO Group, Inc. d/b/a KIT digital (BULLETIN BOARD: RGRP) , a global provider of IPTV enablement technology and video-centric interactive marketing solutions, announced today financial results for the quarter ended March 31, 2008.

For the quarter ended March 31, 2008, revenue was $3.5 million, compared to $3.0 million in the prior year period. The Company's revenue includes software set-up fees, software license and maintenance fees, technical and creative service charges, streaming and data fees, and advertising income.

The net loss for the quarter ended March 31, 2008 was $10.6 million, or $0.27 per basic and diluted share, compared to $6.5 million, or $0.24 per basic and diluted share, in the same period last year. The net loss for the quarter ended March 31, 2008 reflects several non-cash items, including $4.0 million in stock based compensation, compared to $1.2 million in the same period last year and $0.2 million relating to the impairment of property and equipment, compared to zero in the same period last year.

The net loss for the quarter ending March 31, 2008 also includes one-time restructuring charges and restructuring-related non-recurring charges of $2.9 million, related to staff severance, facility closing, vendor termination, IT platform migration, corporate rebranding and other items. Of these restructuring charges a total of $1.0 million were non-cash in nature, the non-cash costs are related to warrants issued as a component of certain executive separation agreements.

Excluding non-cash items, net loss for the quarter was $5.4 million. Excluding both non-cash and restructuring and other non-recurring charges the net loss for the quarter was $3.5 million.

Weighted average common shares outstanding for the three months ended March 31, 2008 was 38,936,039, compared to 27,541,480 for the same period in the prior year.

Management now estimates April pro forma consolidated revenues, including Kamera results, to be approximately $2.0 million, with approximately ($0.68) million in pro forma consolidated EBITDA, after excluding non-cash stock-based compensation and non-recurring charges related to the finalization of platform migration and corporate rebranding, and remains confident that the Company will be cash-flow positive by the fourth quarter of 2008.

Kaleil Isaza Tuzman, chairman and chief executive officer of KIT digital, stated, "When the new management team came in on January 9, 2008, we promised that the first quarter would be a period of discipline and intensive restructuring -- including significant reductions in staff and outside vendors, closing of non-core business units, jettisoning of loss-making content and client contracts, and reductions in office and equipment lease costs.

As a consequence of this intensive restructuring -- which is now complete -- we expected to have a material net reduction in revenues through the first quarter and braced ourselves for potential client losses. Instead, standalone revenues have gone up approximately 60% on a month-to-month comparison between January and April (and up approximately 100% if including revenues pro forma of Kamera acquisition), and we have not had any undesired client losses. This, added to our recently announced $20 million in equity financing and material client additions, puts the company in the best operating and capital position in our industry, in our view. We see revenues growing nicely and loss steadily decreasing."

Gavin Campion, president of KIT digital, commented, "Our first quarter decision to focus on marketing-led IPTV enablement and exit from other businesses like P2P software and consumer video portals has rejuvenated the company and set us on the right path. During the quarter we were able to reduce our cost structure significantly, while launching our video player system on our partners' websites like NASDAQ, Starpulse and Zip.ca, and signing two of our largest clients to date, RCS Media in the Europe, Middle East and Asia (EMEA) region and Sensis in the Asia Pacific region. We now have the right combination of focus, discipline and a healthy balance sheet, which we believe will allow us to establish leadership in the international IPTV platform provisioning marketplace."

Campion continued, "Our current client base is primarily in the high- growth Asia/Pacific and European regions, and we are excited about expansion opportunities in areas like the Middle East, India, Latin America and Greater China. Unlike our competitors, we are not overly reliant on the media and entertainment sectors, and have carved out significant business in vertical markets like automotive (Hummer), retail (K-Mart and Coles), publishing (RCS, Sensis) and financial services (NASDAQ, Fidelity). We see these as relatively untapped sectors hungering for creative uses of video-over-IP."

The company estimates that over 85% of its revenues in the first quarter of 2008 were generated in the Asia/Pacific and EMEA geographies.

KIT digital's significant corporate milestones during the first quarter of 2008 and since March 31, 2008 include:

* Announced $20 million equity financing with accredited investors, led by KIT Capital; * Completed the acquisition of a 100% ownership interest in Sputnik Agency, its profitable, video-centric interactive marketing subsidiary; * Signed a Letter of Intent (LOI) to acquire Kamera Content AB, a Stockholm-based mobile and online TV content distribution company with clients such as Vodafone, Telefonica, MSN and China Mobile; * Sensis and RCS Digital choose KIT digital to provide end-to-end video technology solutions; * Integrates Viewdle facial recognition video search technologies into the KIT Media Player; * Partners with Abacast, Inc. and Pando Networks, Inc. to offer peer-to-peer (P2P) streaming solutions for live streaming and video-on-demand (VoD) through the KIT Media Player to current and future customers; * Rebrands as KIT digital, having been "ROO Group" previously, and launches new go-to-market strategy. Conference Call

The Company will host a conference call to discuss Q1 2008 results at 10:00 a.m. ET on May 14, 2008. To participate in the call, please dial +1 (888) 603-6873 (North America) or +1(973) 582-2706 (outside North America). The passcode for the call is 46831028. Please dial into the call at least five minutes before the scheduled start time to allow for processing time.

The conference call will also be available via a live listen-only webcast and can be accessed through the Investor Relations section of KIT digital website, http://www.kit-digital.com/ , or at our investor relations firm's website, http://www.kcsa.com/ . If using this option, please allow extra time prior to the call to visit the site and download any necessary software that may be needed to listen to the Internet broadcast.

For interested individuals unable to join the live conference call, a replay of the call will be available through May 28, 2008, at +1 (800) 642-1687 (North America) or +1 (706) 645-9291 (outside North America). The passcode for the replay is 46831028. An online archive of the webcast will be available on the Company's website for 30 days following the call.

Contact: Investor Relations / Public Relations Todd Fromer / Lewis Goldberg KCSA Strategic Communications (212) 896-1215 / 1216 tfromer@kcsa.com / lgoldberg@kcsa.com About KIT digital

ROO Group, Inc. d/b/a KIT digital (BULLETIN BOARD: RGRP) is a leading, global provider of proprietary video distribution technologies and video-centric interactive marketing solutions. Through its end-to-end platform, KIT digital works closely with consumer brands and content providers to maximize the value of video content via the Internet. The KIT platform allows clients to publish, manage and distribute digital video content, build online communities and integrate advertising. In addition, enterprises can access approximately 100 KIT-syndicated channels and 40,000 KIT-syndicated videos. Through its wholly owned subsidiary, Sputnik Agency, the Company offers businesses a full range of interactive marketing solutions. KIT digital clients include News Corp., Verizon, K-Mart, Coles, NASDAQ, Hummer and RCS. KIT digital has principal offices in Dubai, Melbourne (Australia), New York, and London. For additional information, please visit http://www.kit-digital.com/ .

Forward-Looking Statements

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of ROO Group, Inc. could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rates and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.

Tables Below ROO GROUP, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Amounts in Thousands, Except Share and Per Share Data) March 31, December 31, 2008 2007 (Unaudited) Assets: Current assets: Cash and cash equivalents $5,580 $10,189 Accounts receivable, net 3,737 3,057 Other current assets 1,233 1,288 Restricted cash - 100 Total current assets 10,550 14,634 Property and equipment, net 1,002 1,307 Deferred tax assets 275 263 Software, net 439 505 Customer list, net 185 253 Domain names, net 27 30 Goodwill 1,123 1,123 Total assets $13,601 $18,115 Liabilities and Stockholders' Equity: Current liabilities: Bank overdraft and other obligations $ 280 $ 190 Accounts payable 2,586 3,121 Accrued expenses 3,051 1,616 Income tax payable 145 139 Deferred revenue 178 - Other current liabilities 1,422 1,478 Total current liabilities 7,662 6,544 Capital lease obligations 300 292 Total liabilities 7,962 6,836 Commitments - - Minority interest (172) (76) Stockholders' Equity: Series A preferred shares, $0.0001 par value: authorized 10,000,000 shares; issued and outstanding 10,000,000 1 1 Common stock, $0.0001 par value: authorized 500,000,000 shares; issued and outstanding 38,936,039 at March 31, 2008 and December 31, 2007 4 4 Additional paid-in capital 79,859 74,820 Accumulated deficit (74,171) (63,524) Accumulated other comprehensive income 118 54 Total stockholders' equity 5,811 11,355 Total liabilities and stockholders' equity $13,601 $18,115 ROO GROUP, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Amounts in Thousands, Except Share and Per Share Data) (Unaudited) Three months ended March 31, 2008 2007 Revenue $3,502 $3,002 Expenses: Operations 2,906 3,197 Research and development 608 1,339 Sales and marketing 1,170 1,613 General and administrative (exclusive of non-cash compensation) 2,519 2,262 Non-cash compensation 4,001 1,242 Restructuring charges and other non-recurring charges 2,880 - Impairment of property and equipment 228 - Total expenses 14,312 9,653 (Loss) from operations (10,810) (6,651) Interest income 61 119 Interest expense (14) (7) Other income 21 - Net (loss) before income taxes (10,742) (6,539) Income tax (expense) benefit (1) 5 Net (loss) before minority interest (10,743) (6,534) Minority interest 96 5 Net (loss) available to common shareholders $(10,647) $(6,529) Basic and diluted net (loss) per common share $(0.27) $(0.24) Weighted average common shares outstanding, basic and diluted 38,936,039 27,541,480 Comprehensive (loss): Net (loss) $(10,647) $(6,529) Foreign currency translation 64 19 Comprehensive (loss) $(10,583) $(6,510)

ROO Group, Inc.; KIT digital

CONTACT: Investor Relations, Todd Fromer, +1-212-896-1215,
tfromer@kcsa.com, or Public Relations, Lewis Goldberg, +1-212-896-1216,
lgoldberg@kcsa.com, both of KCSA Strategic Communications, for ROO Group, Inc.
and KIT digital

Web site: http://www.roo.com/
http://www.kit-digital.com/
http://www.kcsa.com/

SouthPeak Interactive Goes Public and Completes Institutional Financing To Accelerate Growth StrategyOne of the Fastest-Growing Videogame Publishers Trades on OTC Bulletin Board Under Temporary Symbol "GSPA"

MIDLOTHIAN, Va., May 14 /PRNewswire-FirstCall/ -- SouthPeak Interactive Corporation (BULLETIN BOARD: GSPA, GSPAW, GSPAZ) today announced it has gone public through the completion of its transaction with Global Services Partners Acquisition Corp. Upon closing, Global Services changed its name to SouthPeak Interactive Corporation. Concurrently with the closing, SouthPeak completed an institutional financing.

"We are excited to enter the public markets and receive a very positive response from the investment community," said Melanie Mroz, CEO of SouthPeak. "The opportunity provided through this transaction positions SouthPeak to outpace the industry in terms of revenue and profit growth. We believe the combination of our strong product offering along with our unique business model will drive substantial shareholder value."

SouthPeak is a fast-growing videogame publisher with a unique production model that exclusively utilizes independent studios to source and produce innovative videogames. This model allows the company to leverage leading-edge development talent and minimize fixed overhead, thereby maximizing operational flexibility and profitability.

"With the videogame industry experiencing phenomenal growth, we are in a strong position to capitalize on the rapid market expansion," said Terry Phillips, Chairman of SouthPeak. "By securing lasting franchises and approaching the marketplace with a diverse platform strategy, we are able to take full advantage of every revenue opportunity."

The videogame industry is growing rapidly with U.S. videogame software sales expected to grow from $6.5 billion in 2006 to $13.6 billion in 2009, according to Goldman Sachs. Global videogame software sales are expected to grow to $55 billion by 2009 as reported by PriceWaterhouseCoopers.

About SouthPeak Interactive Corporation

SouthPeak Interactive Corporation develops and publishes interactive entertainment software for all current hardware platforms including: PLAYSTATION(R)3 computer entertainment system, PSP(R) (PlayStation(R) Portable) system, PlayStation(R)2 computer entertainment system, Xbox 360(TM) videogame and entertainment system, Wii(TM), Nintendo DS(TM) and PC. SouthPeak's games cover all major genres including action/adventure, role playing, racing, puzzle strategy, fighting and combat. SouthPeak's products are sold in retail outlets in North America, Europe, Australia and Asia. SouthPeak is headquartered in Midlothian, Virginia, and has offices in Grapevine, Texas and London, England. http://www.southpeakgames.com/

This press release contains statements relating to future results that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These may differ materially from those projected or otherwise set forth. These risks and uncertainties include, but are not limited to: market conditions for SouthPeak's published videogames; market performance of SouthPeak's videogames and the related impact on revenue and funds inflows/outflows and operational risks. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

All trademarks and copyrights contained herein are the property of their respective holders.

SouthPeak Interactive Corporation

CONTACT: Bill Linn, +1-541-935-1279, bill@sandboxstrat.com, for
SouthPeak Interactive Corporation

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

Overstock.com Looks to NeuStar's UltraDNS for Mission-Critical Infrastructure

STERLING, Va., May 14 /PRNewswire-FirstCall/ -- NeuStar, Inc. today announced that Overstock.com, a popular online closeout retailer, has chosen NeuStar's UltraDNS Managed DNS Service to provide Overstock.com with a global DNS infrastructure that significantly enhances end-user experience and operational security -- and protects revenue in the highly competitive online retail market.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080310/NEUSTARLOGO )

Overstock.com has traditionally hosted its public DNS infrastructure in-house. As a growing number of companies are discovering, however, this approach is inconsistent with what is rightly recognized as a "mission-critical" infrastructure. With DNS increasingly at the core of critical business processes and communication services, companies can no longer rely on traditional, in-house approaches to their DNS infrastructure. Today, a DNS infrastructure needs to deliver carrier-class performance with "five nines" availability, comprehensive security, massive scalability, and 24/7 monitoring and support. Yet, the development, maintenance, and support of such an infrastructure is often impractical for companies that need to focus resources on their core businesses.

"Online retailing is extremely competitive. Customers have very demanding expectations of their online experience, and online retailers are constantly looking to establish a competitive advantage," said Dr. Patrick M. Byrne, chairman and CEO at Overstock.com. "Consequently, every component of our service delivery must ensure the highest levels of security and operational excellence. We're satisfied the UltraDNS Managed DNS Service meets our standard."

With the UltraDNS Managed DNS Service, Overstock.com also will benefit from the DNS Shield(TM), a revolutionary extension of the UltraDNS infrastructure. The DNS Shield involves the deployment of authoritative DNS servers within the heart of the networks of leading ISPs, creating a hardened and secure DNS infrastructure that provides unprecedented levels of Internet performance and advanced protection against Distributed Denial of Service (DDoS) and pharming attacks for over 100 million Internet users.

"Overstock.com's decision to migrate to NeuStar's UltraDNS platform is further evidence of the critical role of DNS within the online retail market," said Jeffrey Samuels, general manager and vice president of marketing at NeuStar's Internet and Registry Managed Services group. "When every dollar of revenue a company earns is dependent on its online presence, fortifying the DNS infrastructure -- the first network touch point -- is even more essential in ensuring the security and reliability of the web experience."

About NeuStar, Inc.

NeuStar is a provider of clearinghouse and directory services to the global communications and Internet industry. Visit NeuStar online at http://www.neustar.biz/.

About Overstock.com

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

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

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080310/NEUSTARLOGO NeuStar, Inc.

CONTACT: Marc Abshire, NeuStar, Inc., +1-703-310-9184,
marc.abshire@neustar.biz

Web site: http://www.neustar.biz/

EMC Introduces Holistic Disaster Restart Solution for Two-Site Mainframe EnvironmentsEMC(R) Geographically Dispersed Disaster Restart Solution Automates Remote Restart Operations for Host Mainframe Systems, Applications and Storage

HOPKINTON, Mass., May 14 /PRNewswire/ -- EMC Corporation , the world leader in information infrastructure solutions, today announced EMC(R) Geographically Dispersed Disaster Restart (EMC GDDR) software for two-site IBM mainframe environments. EMC GDDR enables customers to automatically restart host mainframe systems, critical applications and EMC Symmetrix(R) DMX storage systems to minimize the impact of unplanned or planned outages and enhance information availability and protection.

Now available for two-site mainframe environments in addition to previously supported three-site mainframe environments, EMC GDDR delivers the highest levels of availability and assures automated restart consistency across applications and implementation methodologies via a proven, standardized software product. Whereas competing offerings typically require complex custom scripting, extended debug and test periods, and expensive, long term service contracts, EMC GDDR software is faster to deploy, easier to manage and configure, and significantly less expensive to maintain.

"With EMC GDDR, we are leveraging our rich mainframe technology heritage and expertise in business continuity to provide mainframe customers with a unified, cost-effective solution that enables them to meet stringent recovery time objectives and enhance the reliability of their restart and recovery operations," said David Donatelli, President, EMC Storage Division. "By extending these capabilities to customers with two-site mainframe operations, we are expanding the market for this critical functionality."

EMC GDDR software improves the availability of host systems, applications, and storage resources via standardized, parameter-driven software, protecting multi-site mainframe environments against unplanned outages. Additionally, customers can leverage EMC GDDR software to automate failover operations during planned outages such as maintenance operations and upgrades, and test their disaster restart operations without writing, verifying, and maintaining custom scripts. For remote replication, EMC GDDR utilizes EMC's industry-leading EMC SRDF(R) (Symmetrix Remote Data Facility) software for efficient synchronous and asynchronous data replication to ensure seamless offsite protection of critical information assets and service level continuity.

"Disaster restart and recovery automation enables enterprises to optimize information availability and operational resiliency, while minimizing their reliance on manual processes and third-party intervention," said Mike Kahn, Managing Director, The Clipper Group, Inc. "With EMC GDDR for both two-site and three-site mainframe environments, EMC is offering customers a highly compelling, simplified alternative to complex, scripting-intensive offerings that often require help from outside service providers."

Availability

EMC GDDR software for Symmetrix DMX customers with two-site or three-site mainframe configurations is available today from EMC and its worldwide network of partners.

About EMC

EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.emc.com/

EMC, Symmetrix and SRDF are registered trademarks of EMC Corporation. All other trademarks are the property of their respective owners.

EMC Corporation

CONTACT: Colin Boroski of EMC Corporation, +1-508-293-6321,
boroski_colin@emc.com

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

CGI selected for FBI IDIQ task order contractStock Market Symbols GIB.A (TSX) GIB (NYSE)

FAIRFAX, VA, May 14 /PRNewswire-FirstCall/ -- CGI Federal, Inc., a wholly-owned U.S. operating subsidiary of CGI Group Inc., (NYSE: GIB; TSX: GIB.A) today announced that it was one of nine (9) IT service providers selected by the Federal Bureau of Investigation (FBI) Information Technology Contracts Unit (ITCU) to bid on in work to be awarded under the FBI's Program Management Support Services (PMSS) IDIQ (indefinite delivery / indefinite quantity) contract. The contract has no ceiling and Individual task orders can be awarded up to a value of $200 million.

Like other federal organizations, the FBI is looking for ways to centralize and optimize its IT within a climate of new laws, policies, and procedures. PMSS will enable the FBI to consolidate multiple contracts and focus on improving quality, performance, and standardization. The contract is also the prime vehicle to help the FBI procure a wide range of value-added consulting services to help keep pace with the rapidly evolving technology and regulatory environment.

"CGI is in the business of satisfying customers. The Department of Justice and FBI has been a client of CGI for several years, and this selection is an affirmation of their confidence in CGI to deliver state-of-the-art solutions and services," said George Schindler, President, CGI Federal. "We look forward to competing for, and winning a substantial portion of the work to be awarded under this contract."

About CGI Federal

Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 27,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $3.8 billion and at March 31st, 2008, CGI's order backlog was $12.04 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: http://www.cgi.com/.

Forward-Looking Statements

All statements in this MD&A that do not directly and exclusively relate to historical facts constitute "forward-looking statements" within the meaning of that term in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and are "forward-looking information" within the meaning of sections 138.3 and following of the Ontario Securities Act. These statements and this information represent CGI's intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, of which many are beyond the control of the Company. These factors could cause actual results to differ materially from such forward-looking statements or forward-looking information. These factors include and are not restricted to the timing and size of new contracts, acquisitions and other corporate developments; the ability to attract and retain qualified members; market competition in the rapidly-evolving IT industry; general economic and business conditions, foreign exchange and other risks identified in the MD&A, in CGI's Annual Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at http://www.sec.gov/), the Company's Annual Information Form filed with the Canadian securities authorities (filed on SEDAR at http://www.sedar.com/), as well as assumptions regarding the foregoing. The words "believe," "estimate," "expect," "intend," "anticipate," "foresee," "plan," and similar expressions and variations thereof, identify certain of such forward-looking statements or forward-looking information, which speak only as of the date on which they are made. In particular, statements relating to future performance are forward-looking statements and forward-looking information. CGI disclaims any intention or obligation to publicly update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements or on this forward-looking information. You will find more information about the risks that could cause our actual results to significantly differ from our current expectations in the Risks and Uncertainties section.

CGI GROUP INC.

CONTACT: Peter Cutler, Director, Communications, (703) 633-8973,
peter.cutler@cgifederal.com

Milestone Scientific to Announce First Quarter 2008 Results on Thursday, May 15, 2008Conference Call Scheduled for Monday, May 19, 2008 at 11:00 AM ET

LIVINGSTON, N.J., May 14 /PRNewswire-FirstCall/ -- Milestone Scientific Inc. (BULLETIN BOARD: MLSS) , the recognized leader in advanced injection technologies, today announced that the Company will report its financial results for the three months ended March 31, 2008 on Thursday, May 15, 2008.

Milestone will host a teleconference on Monday, May 19, 2008, beginning at 11:00 AM Eastern time, and invites all interested parties to join management in a discussion regarding the Company's financial statements, corporate progress and other meaningful developments. The conference call can be accessed by dialing toll-free 1-800-366-3908. For those unable to participate at that time, a replay of the teleconference can be accessed domestically by dialing 1-800-405-2236 and entering the passcode 11114224#. The replay will be available for 90 days.

About Milestone Scientific Inc.

Headquartered in Livingston, New Jersey, Milestone Scientific is engaged in pioneering proprietary, highly innovative technological solutions for the medical and dental markets. Central to the Company's IP platform and product development strategy is its patented CompuFlo(R) technology for the improved and painless delivery of local anesthetic. Specifically, CompuFlo is a computer-controlled, pressure sensitive infusion, perfusion, suffusion and aspiration technology, which provides real-time readouts of pressures, fluid densities and flow rates, enabling the advanced delivery and removal of a wide array of fluids. The STA(TM) System, a computer-controlled local anesthesia delivery (CCLAD) system which uses this technology, provides dentists with audible and visual signals as to in-tissue pressure. Milestone's painless injection systems are currently sold in 25 countries. For more information on these and other innovative Milestone products, please visit the Company's web site found at http://www.milesci.com/.

Safe Harbor Statement

This press release may contain forward-looking statements regarding the timing and financial impact of the Milestone's ability to implement its business plan, expected revenues and future success. These statements involve a number of risks and uncertainties and are based on assumptions involving judgments with respect to future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond Milestone's control. Some of the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements are general economic conditions, failure to achieve expected revenue growth, changes in our operating expenses, adverse patent rulings, FDA or legal developments, competitive pressures, changes in customer and market requirements and standards, and the risk factors detailed from time to time in Milestone's periodic filings with the Securities and Exchange Commission, including without limitation, Milestone's Annual Report on Form 10-K for the year ended December 31, 2007. The forward looking-statements in this press release are based upon management's reasonable belief as of the date hereof. Milestone undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

FOR MORE INFORMATION, PLEASE CONTACT: Elite Financial Communications Group, LLC Dodi Handy, President and CEO 407-585-1080 or via email at mlss@efcg.net

Milestone Scientific Inc.

CONTACT: Dodi Handy, President and CEO of Elite Financial Communications
Group, LLC, +1-407-585-1080, mlss@efcg.net, for Milestone Scientific Inc.

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

Novell Brings Team Workspace Capabilities to Workgroup Suite by Adding Novell TeamingNovell Open Workgroup Suite now available with Novell Teaming included, enabling enterprises to cost-effectively incorporate next-generation collaboration capabilities into their existing infrastructure

WALTHAM, Mass., May 14 /PRNewswire-FirstCall/ -- Responding to industry needs for cost-effective, next-generation collaboration tools, Novell today announced the worldwide availability of Novell(R) Open Workgroup Suite with Novell Teaming included. This expanded offering delivers collaboration capabilities -- like team workspaces, enterprise social networking, workflow, blogs and wikis -- to the proven workforce productivity tools already available in the workgroup suite. Novell Open Workgroup Suite enables organizations to increase employee productivity by adding collaboration tools to their existing IT infrastructure, without the higher costs or vendor lock-in typically associated with proprietary-only software bundles.

"Keeping IT costs low and increasing employee productivity are top business priorities for Metropolitan Bank Group," said Thomas Johnson, director of Information Systems and Technology for Metropolitan Bank Group. "Novell Open Workgroup Suite with Novell Teaming included allows us to leverage Web 2.0 innovations to improve employee communication and productivity, while still keeping software costs low. With Novell, we have a complete infrastructure and software package, including critical next-generation collaboration tools, to help drive employee and business innovation."

With this addition, the Novell Open Workgroup Suite now allows for social networking within the enterprise where subject matter experts are easily identified and new team workspaces can be easily formed. It makes teamwork and knowledge sharing a standard feature for organizations of all sizes. The knowledge capture and sharing capability inherent in personal and joint team spaces ensures nothing is lost when an employee leaves an organization. The work done as part of a larger group or team effort is retained in the workspace and can be accessed by existing and new team members at any time.

The most compelling alternative for organizations looking to introduce team workspace and social networking tools into their IT environment, Novell Open Workgroup Suite offers the distinct advantages of increased workforce productivity, interoperability within the existing infrastructure and the innovation of open source in one bundle. This expanded suite leverages Novell's February acquisition of SiteScape, a leader in open source team collaboration, to bring the best-engineered Web 2.0, team workspace and enterprise social networking tools to Novell Open Workgroup Suite.

Novell Open Workgroup Suite enables organizations to reduce software acquisition costs by as much as 70 percent over competing solutions such as the Microsoft* Professional Desktop Platform, anchored by Windows* and Office SharePoint* servers, while still improving workforce productivity and maintaining needed levels of service and support. The suite works with currently deployed platforms and applications, making it easy to use existing skills and IT investments and take a phased approach to solution deployment.

"Novell is providing enterprises with a low-cost onramp to the benefits of team workspace and enterprise social networking technologies," said Kent Erickson, senior vice president and general manager of Workgroup Solutions for Novell. "By adding next-generation collaboration capabilities to the best-of-breed technologies already available in our Open Workgroup Suite, we are answering customer needs for powerful and flexible productivity tools, allowing them to enhance the effectiveness of teamwork."

Pricing and Availability

Novell Open Workgroup Suite utilizes a flexible buying program to accommodate platform and collaboration tool preferences. With Linux*, NetWare(R) and Windows server deployment options, the fullest version of Novell Open Workgroup Suite delivers:

-- next-generation collaboration with Novell Teaming; -- advanced storage management, user and rights administration, and clustering and failover capabilities with Novell Open Enterprise Server; -- automated IT asset management with Novell ZENworks(R) Suite; -- e-mail and calendaring with Novell GroupWise(R); -- the Novell edition of the popular office productivity suite OpenOffice.org for Windows and Linux; -- and complete desktop productivity with SUSE(R) Linux Enterprise Desktop.

Two additional versions of the suite are also available, one with Novell Teaming that allows for alternate messaging platforms, and one without the team workspace and social networking benefits of Novell Teaming. Priority maintenance is also available, with rights to new versions of the products included in the suite along with unlimited, 24x7 product support.

For more information about Novell Open Workgroup Suite, visit http://www.novell.com/nows.

About Novell

Novell, Inc. delivers the best engineered, most interoperable Linux platform and a portfolio of integrated IT management software that helps customers around the world reduce cost, complexity and risk. With our infrastructure software and ecosystem of partnerships, Novell harmoniously integrates mixed IT environments, allowing people and technology to work as one. For more information, visit http://www.novell.com/.

Novell, GroupWise, NetWare, SUSE and ZENworks are registered trademarks of Novell, Inc. in the United States and other countries. *Linux is a registered trademark of Linus Torvalds. All other third-party trademarks are the property of their respective owners.

Novell, Inc.

CONTACT: Charlotte Betterley of Novell, Inc., +1-781-464-8253,
cbetterley@novell.com; or Amanda Munroe of SHIFT Communications,
+1-617-779-1816, amunroe@shiftcomm.com, for Novell, Inc.

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

JDSU Expands Ethernet Test Portfolio with New Features for FST-2802Advanced Functionality Helps Evolving Ethernet Networks Continue to Meet SLAs

MILPITAS, Calif., May 14 /PRNewswire-FirstCall/ -- JDSU today announced new features for its FST-2802 TestPad Ethernet test line designed to simplify the installation and maintenance of complex Carrier Ethernet and IP services. The JDSU FST-2802, in use by a majority of global service providers, is a handheld test instrument for service provider field technicians turning up and troubleshooting Ethernet, Fibre Channel, and IP services.

The evolution of complex Carrier Ethernet networks has introduced critical new challenges for meeting next-generation Ethernet service level agreements (SLAs). SLA requirements, combined with the deployment of a number of new Ethernet and service technologies, translate to significant qualification needs during both provisioning and maintenance phases to ensure end customer quality of service (QoS).

"The deployment of high-bandwidth triple-play services over Ethernet networks are driving new test needs, including more simplified features like those found in the FST-2802," said Jim Nerschook, general manager in JDSU's Communications Test and Measurement business segment. "The FST-2802 automation features reduce mean time to repair and simplify Ethernet network testing, which reduces operational expenses for our customers."

The new features for the FST-2802 include: -- Support for Multiple Source IP address testing, which enables providers to generate traffic that requires specific prioritization and tunneling requirements. This process helps verify the effective deployment and maintenance of networks to meet stringent SLAs; -- The Network Discovery(TM) feature, which allows visibility into the end-customer network in managed offerings, enabling better troubleshooting and fault resolution; -- A Layer 2 (L2) Transparency Test feature that allows verification of Carrier Ethernet interconnection by providing transparency of networks before services are deployed, assuring SLAs are met; and -- FTP test functionality, an easy-to-use tool to verify FTP throughput which allows users to correlate FTP performance with L2/L3 SLAs in today's complex IP converged networks. About JDSU

JDSU (Nasdaq: JDSU; TSX: JDU) enables broadband and optical innovation in the communications, commercial and consumer markets. JDSU is the leading provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers. JDSU is also a leading provider of innovative optical solutions for medical/environmental instrumentation, semiconductor processing, display, brand authentication, aerospace and defense, and decorative applications. More information is available at http://www.jdsu.com/.

Contacts Press/Industry: Nick Rowan, +1 240-404-1924 or nick.rowan@jdsu.com Investors: Michelle Levine, +1 408-546-4421 or michelle.levine@jdsu.com

Photo: http://www.newscom.com/cgi-bin/prnh/20050913/SFTU125LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com JDSU

CONTACT: Press|Industry, Nick Rowan, +1-240-404-1924,
nick.rowan@jdsu.com; or Investors, Michelle Levine, +1-408-546-4421,
michelle.levine@jdsu.com, both of JDSU

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

Sirit Enhances INfinity 510 RFID Reader PerformanceUpgrades include new features and expanded regional compatibility

TORONTO, May 14 /PRNewswire-FirstCall/ -- Sirit Inc. ("Sirit") (TSX: SI), a leading provider of radio frequency identification ("RFID") technology, announced today the release of a new firmware version for its best-in-class INfinity 510 ("IN510") UHF reader. The upgrade includes several important enhancements that further extend the industry leading feature set of the IN510.

Regional regulatory compatibilities added include Australia, China, Israel, South Africa and Taiwan, bringing the total to eighteen regions.

The new version 2.0 firmware includes advancements in Sirit's proprietary tag acquisition algorithms, enhancing tag singulation performance capabilities and reader sensitivity. The Dense Reader Mode interference tolerance has been further improved to new benchmark levels for the industry. The IN510 continues to be the only UHF reader with EPCglobal certification for use under both FCC and ETSI regulations.

New features added to the IN510 include support for the EPC Gen 2 custom commands built into NXP's UCODE G2XM and G2XL chips. The custom commands extend the functionality of EPC Gen 2 applications beyond simple compliance tagging and provide extended value for end-users. Included among the custom commands is Electronic Article Surveillance for increased theft protection and Read Protect, which prevents unauthorized reading of a tag and provides enhanced privacy protection. The EM4222 chip-set from EM Microelectronic is also supported by the new firmware and operational enhancements were added for Texas Instruments' EPC Gen 2 chip.

"The release of version 2.0 firmware for the IN510 is a significant upgrade in the functionality of a product that has an already established reputation for outstanding performance," commented Tony Sabetti, vice president, RF Solutions for Sirit. "The richness of the unparalleled feature set and reader management toolkit is a testament to Sirit's engineering team. In our view, this further solidifies the IN510 as the UHF reader against which all other reader products are being measured."

"Because the IN510 has been designed on a software radio platform, major updates and enhancements of this nature are seamless and painless for Sirit customers," continued Sabetti. "This was an important design criterion for the IN510 because RFID technology continues to evolve at a rapid pace. We saw the software radio platform as a way to 'future-proof' this product for our customers."

Products currently covered under Sirit's warranty program qualify for a free upgrade. Sirit has set up a program for products that are out of warranty, whereby customers can purchase the upgrade and may also opt for an extended warranty. Customers seeking to upgrade their IN510's can contact their Sirit distributor or reseller to obtain the firmware upgrade and associated documentation. Upgrade details may also be obtained at http://www.sirit.com/.

About Sirit Inc.

Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency Identification (RFID) technology worldwide. Harnessing the power of Sirit's enabling-RFID technology, customers are able to more rapidly bring high quality RFID solutions to the market with reduced initial engineering costs. Sirit's products are built on more than 14 years of RF domain expertise addressing multiple frequencies (LF/HF/UHF), multiple protocols and are compliant with global standards. Sirit's broad portfolio of products and capabilities can be customized to address new and traditional RFID market applications including Supply Chain & Logistics, Cashless Payment (including Electronic Tolling), Access Control, Automatic Vehicle Identification, Near Field Communications, Inventory Control & Management, Asset Tracking and Product Authentication. For more information, visit http://www.sirit.com/.

Cautionary Note Regarding Forward Looking Statements

Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Sirit to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting Sirit's business which are discussed in the section entitled "Description of the Business - Risks Factors" in Sirit's Annual Information Form dated March 14, 2008 as filed with the securities regulatory authorities in Canada via SEDAR. Although Sirit has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. Sirit does not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, further events or otherwise.

"Sirit", the Sirit Design and "vision beyond sight" are all trademarks of Sirit Inc. All other names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Sirit Inc.

CONTACT: Bill Allen, Sirit Inc., (972) 243-7208 x2134, ballen@sirit.com

RFMD(R) Releases 2.4 GHz to 5.8 GHz Frequency Transverter

GREENSBORO, N.C., May 14 /PRNewswire-FirstCall/ -- RF Micro Devices, , a global leader in the design and manufacture of high-performance semiconductor components, today introduced the ML5825 frequency transverter. The ML5825 is designed to upconvert transmitted 2.4 GHz signals to 5.8 GHz and downconvert received 5.8 GHz signals to 2.4 GHz and is specifically optimized for streaming video applications. The addition of this frequency translation functionality to a pre-existing 2.4 GHz ISM band radio allows original equipment manufacturers (OEMs) to quickly bring to market products for operation in the 5.8 GHz ISM band, including digital cordless phones and custom wireless data systems such as streaming audio and video appliances.

The ML5825 incorporates, on a single die, a voltage controlled oscillator (VCO), phase locked loop (PLL)-based synthesizer, low noise amplifier (LNA), receive and transmit bandpass filtering and mixers, and a transmit pre-driver. By offering a digitally controlled 18 dB gain step, the ML5825 allows radio designers to optimize third order input intercept point (IIP3) performance and noise figure based on specific application needs. Additionally, the ML5825 offers a low power standby mode of 10 microamps to minimize average power consumption, leading to longer battery life in portable applications.

"The movement of many data communications systems to the 5.8 GHz ISM band presents an opportunity to leverage the existing system design know-how accumulated from 2.4 GHz products," said Alastair Upton, general manager of RFMD's Broadband and Consumer Business Unit. "The ML5825 gives OEMs the ability to rapidly bring new 5.8 GHz products to market with low risk and a reduced total cost of implementation."

Technical features of the ML5825 include: -- Input voltage operation from 2.8 to 3.6 V -- Selectable transmit output power -- 4 dB noise figure in high gain mode -- -14 dBm IIP3 in low gain mode -- Integrated VCO/PLL spurious content -60 dBc or better

The ML5825 is packaged in a 4 x 5 x 0.9 mm, 28-pin QFN package and is priced at $1.46 each, in quantities of 10,000 units with samples available immediately.

About RFMD: RF Micro Devices, Inc. (Nasdaq GS: RFMD) is a global leader in the design and manufacture of high-performance semiconductor components. RFMD's products enable worldwide mobility, provide enhanced connectivity and support advanced functionality in the cellular handset, wireless infrastructure, wireless local area network (WLAN), CATV/broadband and aerospace and defense markets. RFMD is recognized for its diverse portfolio of semiconductor technologies and RF systems expertise and is a preferred supplier to the world's leading mobile device, customer premises and communications equipment providers.

Headquartered in Greensboro, N.C., RFMD is an ISO 9001- and ISO 14001-certified manufacturer with worldwide engineering, design, sales and service facilities. RFMD is traded on the NASDAQ Global Select Market under the symbol RFMD. For more information, please visit RFMD's web site at http://www.rfmd.com/.

This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws. RF Micro Devices' business is subject to numerous risks and uncertainties, including variability in quarterly operating results, the rate of growth and development of wireless markets, risks associated with our planned exit from our wireless systems business, including cellular transceivers and GPS solutions, the risk that restructuring charges may be greater than originally anticipated and that the cost savings and other benefits from the restructuring may not be achieved, risks associated with the operation of our wafer fabrication facilities, molecular beam epitaxy facility, assembly facility and test and tape and reel facilities, our ability to complete acquisitions and integrate acquired companies, including the risk that we may not realize expected synergies from our business combinations, our ability to attract and retain skilled personnel and develop leaders, variability in production yields, our ability to reduce costs and improve gross margins by implementing innovative technologies, our ability to bring new products to market, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, dependence on a limited number of customers, and dependence on third parties. These and other risks and uncertainties, which are described in more detail in RF Micro Devices' most recent Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.

RF MICRO DEVICES(R) and RFMD(R) are trademarks of RFMD, LLC. All other trade

names, trademarks and registered trademarks are the property of their

respective owners.

RF Micro Devices

CONTACT: Doug DeLieto, VP, Investor Relations, +1-336-678-7968, or Jerry
Neal, Executive Vice President, +1-336-678-7001, both of RFMD(R)

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

Limelight Networks Selected by Nissan Motors to Deliver Japanese Web Site

TOKYO, May 14 /PRNewswire-FirstCall/ -- Limelight Networks , today announced that the company has been selected by Nissan Motors to provide content delivery services for Nissan's Japanese website, http://www.nissan.co.jp/). Terms of the relationship were not disclosed.

Visitors to Nissan's website will be able to see a photo gallery of interior and exterior designs, car specifications, flash-enhanced image gallery and respective model features including price -- all using the LimelightDELIVER (http://www.limelightnetworks.com/limelightdeliver.htm) http streaming service. In addition, users will also have access to Windows Media Player-based video clips on the web site.

"Nissan is a leader in the automobile manufacturing industry not only in the Japanese market but also around the world. We are pleased to support Nissan's educational and ecommerce initiatives by leveraging our global, media-grade optical network," said Shinji Tsukamoto, vice president, Limelight Networks, Inc., and president, Limelight Networks Japan. "With Nissan's adoption of Limelight Networks CDN services, they will be able to provide increasing numbers of visitors to their site with a rich variety of content, without stress to their internal infrastructure."

The robust and scalable infrastructure (http://www.limelightnetworks.com/network.htm) of the Limelight Network CDN was engineered to meet the challenges of delivering rich media to today's Internet users, by meeting the challenge of the four dimensions of content delivery: increasing object size, entire content libraries, ever-growing audience size, and the immediate availability of every library object, regardless of popularity. Nissan selected Limelight Networks because of the auto manufacturer's "long-tail" library of content, and its need for high-availability and quick response while distributing high bit rate, high quality media files.

About Limelight Networks, Inc.

Limelight Networks, Inc. is a content delivery partner enabling the next wave of Internet business and entertainment. More than 1300 Internet, entertainment, software, and technology brands trust our robust, scalable platform to monetize their digital assets by delivering a brilliant online experience to their global audience. Our architecture bypasses the busy public Internet using a dedicated optical network that interconnects thousands of servers and delivers massive files at the speed of light -- directly to the access networks that consumers use every day. Our proven network and passion for service provides our customers confidence that every object in their library will be delivered to every user, every time. For more information, visit http://www.limelightnetworks.com/.

Limelight Networks, Inc.

CONTACT: Paul Alfieri of Limelight Networks, Inc., +1-917-297-4241,
palfieri@llnw.com

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

MTS Announces First Quarter 2008 Financial Results

RA'ANANA, Israel, May 14 /PRNewswire-FirstCall/ -- MTS-Mer Telemanagement Solutions Ltd. (Nasdaq Capital Market: MTSL), a global provider of business support systems (BSS) for comprehensive telecommunication management and customer care & billing (CC&B) solutions, today announced its financial results for the first quarter of 2008.

Revenues for the first quarter of 2008 were $2.4 million, compared with revenues of $2.2 million in the fourth quarter of 2007 and $2.4 million at the same quarter last year. The Company's operating loss declined significantly to $17,000 in the first quarter of 2008 compared to an operating loss of $602,000 for the first quarter of 2007.

Net profit for the first quarter was $339,000 or $0.05 per diluted share, compared with a net loss of $585,000 or ($0.10) per diluted share in the first quarter of 2007.

This net profit is mainly attributable to a reduction in operating expenses as well as a capital gain of approximately $380,000 that resulted from the Company's sale of its ownership interest in cVidya Networks Inc. in the first quarter of 2008.

During the quarter, the Company completed a $750,000 private placement transaction, which is reflected in its balance sheet as of the report date. The Company ended the first quarter with approximately $1.8 million in cash and cash equivalents, including marketable securities.

"We are pleased to report an improved start to the year, especially in an economic environment that has entered a period of slowdown," said Eytan Bar, CEO of MTS. "We believe that we are on the right track as our increased sales activity generated $2.7 million of new orders during the first quarter of 2008. We are working to translate our pipeline of orders into revenues and improved cash flow."

"Our first quarter results were generally in line with our expectations for improved operating results. They reflect the focus we placed on improving our implementation processes while closely monitoring and reducing our overall costs. During the last six months we executed on our recovery plan and were fully focused on reducing our operating expenses and achieving revenue growth," continued Mr. Bar. "The Company has strengthened its main financial indicators and is now able to focus on its search for new opportunities and on expanding its core business."

"We see market opportunities and are ready to leverage our solutions. We are looking forward to improve both our top and bottom line performance," concluded Mr. Bar.

About MTS

Mer Telemanagement Solutions Ltd. (MTS) is a worldwide provider of innovative solutions for comprehensive telecommunications expense management (TEM) used by enterprises, and for business support systems (BSS) used by information and telecommunication service providers.

Since 1984, MTS Telecommunications' expense management solutions have been used by thousands of enterprises and organizations to ensure that their telecommunication services are acquired, provisioned, and invoiced correctly. In addition, the MTS's Application Suite has provided customers with a unified view of telecommunication usage, proactive budget control, personal call management, employee cost awareness and more.

MTS's solutions for Information and Telecommunication Service Providers are used worldwide by wireless and wireline service providers for interconnect billing, partner revenue management and for charging and invoicing their customers. MTS has pre-configured solutions to support emerging carriers of focused solutions (e.g. IPTV, VoIP, MVNO) to rapidly install a full-featured and scaleable solution. MTS's unique technology reduces integration risks and lessens revenue leakage by using the very same system to manage retail and wholesale business as well as supporting multiple business units. Total cost of ownership (TCO) is reduced by providing web-based customer self-care and provisioning.

Headquartered in Israel, MTS markets its solutions through wholly owned subsidiaries in the United States, Hong Kong, The Netherlands, and Brazil, as well as through OEM partnerships with Siemens, Phillips, NEC and other vendors. MTS shares are traded on the NASDAQ Capital Market (symbol MTSL). For more information please visit the MTS web site: http://www.mtsint.com/.

Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulations, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission.

CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands March 31, December 31, 2008 2007 ASSETS CURRENT ASSETS: Cash and cash equivalents $ 1,645 $ 1,437 Marketable securities 191 169 Trade receivables 1,348 1,172 Unbilled receivables 122 129 Other accounts receivable and prepaid expenses 530 544 Other investments - 221 Inventories 64 66 Total current assets 3,900 3,738 LONG-TERM ASSETS: Severance pay fund 637 730 Other investments 3 3 Deferred income taxes 123 123 Total long-term assets 763 856 PROPERTY AND EQUIPMENT, NET 257 283 OTHER ASSETS: Goodwill 2,796 2,796 Other intangible assets, net 756 805 Total other assets 3,552 3,601 Total assets $ 8,472 $ 8,478 CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands (except share and per share data) March 31, December 31, 2008 2007 LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Short term bank credit and current maturities of bank loan $ 362 $ 606 Trade payables 432 447 Accrued expenses and other liabilities 2,473 3,309 Deferred revenues 1,413 1,390 Total current liabilities 4,680 5,752 LONG-TERM LIABILITIES - accrued severance pay 1,088 1,157 SHAREHOLDERS' EQUITY: Share capital - Ordinary shares of NIS 0.01 par value - Authorized: 12,000,000 shares at December 31, 2007 and March 31, 2008; Issued: 5,784,645 shares at December 31, 2007 and 6,534,645 at March 31, 2008 respectively; Outstanding: 5,773,845 shares at December 31, 2007 and 6,523,845 at March 31, 2008 respectively 19 17 Additional paid-in capital 16,956 16,201 Treasury shares (10,800 Ordinary shares at December 31, 2007 and March 31, 2008) (29) (29) Accumulated other comprehensive income 51 12 Accumulated deficit (14,293) (14,632) Total shareholders' equity 2,704 1,569 Total liabilities and shareholders' equity $ 8,472 $ 8,478 CONSOLIDATED STATEMENTS OF OPERATIONS U.S. dollars in thousands (except share and per share data) Three months ended March 31, 2008 2007 Revenues: Product sales $ 1,527 $ 1,621 Services 881 825 Total revenues 2,408 2,446 Cost of revenues: Product sales 396 487 Services 130 141 Total cost of revenues 526 628 Gross profit 1,882 1,818 Operating expenses: Research and development 724 886 Selling and marketing 534 836 General and administrative 641 698 Total operating expenses 1,899 2,420 Operating loss (17) (602) Financial expenses, net (26) (15) Capital gain on sale of other investment 382 - Income (loss) before taxes on income 339 (617) Taxes on income - - Income (loss) before equity in earnings of affiliate 339 (617) Equity in earnings of affiliate - 32 Net income (loss) $ 339 $ (585) Net income (loss) per share: Basic and diluted net income (loss) per Ordinary share $ 0.05 $ (0.10) Weighted average number of Ordinary shares used in computing basic and diluted net income (loss) per share 6,177,691 5,773,845 Contacts: Company: Alon Mualem CFO Tel: +972-9-762-1733 Email: Alon.Mualem@mtsint.com

MTS-Mer Telemanagement Solutions Ltd

CONTACT: Contacts: Company: Alon Mualem, CFO, Tel: +972-9-762-1733,
Email: Alon.Mualem@mtsint.com

CACI Awarded Additional Ceiling of $97.9 Million to Support U.S. Army Tactical Radio Communications SystemsMore Than Doubles Contract Value to $189.6 Million

ARLINGTON, Va., May 14 /PRNewswire-FirstCall/ -- CACI International Inc announced today that the U.S. Army has awarded the company an additional ceiling of $97.9 million to support the Army Project Manager, Tactical Radio Communications Systems (PM TRCS). The competitively awarded increase now raises the potential value of the four-year PM TRCS contract to $189.6 million. CACI won the PM TRCS support effort under the Army's Strategic Services Sourcing (S3) contract vehicle in October 2006. This award represents both new business and the expansion of current tasks, and continues the growth of CACI's business in command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR).

The Army's tactical radio communications systems connect warfighters and first responders to each other and to military and government decision-makers. PM TRCS fields more than 150 such systems, providing airborne and ground-based radio communications in support of tactical operations that include battlefield engagements in Iraq.

CACI currently supports the manufacture and testing of systems to ensure specifications and schedules are met and costs are contained. The company also assists the PM TRCS in planning how systems are distributed and deployed, how related supplies are allocated, and how training is developed and scheduled to ensure the highest levels of warfighter readiness.

The new funding significantly expands CACI's existing PM TRCS work. The increase also reflects new business for CACI in support of additional communications. Here, CACI will help the Army use technologies to better sustain radio transmissions during battlefield operations. Where conventional radio signals may fail over difficult terrain or under harsh conditions, this form of communication provides greater success.

Bill Fairl, CACI President of U.S. Operations, said, "CACI is now serving on more than 30 communications programs for this client. We're also excited to have this opportunity to support the Army's most cutting-edge communications, including helping warfighters use the Internet to communicate over long distances in a war zone."

Paul Cofoni, CACI President and Chief Executive Officer, said, "We know that effective communications are the key to battlefield success. We continue to make it a priority to support our nation's most critical missions with innovative services and solutions that increase our clients' abilities to succeed."

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

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

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

CACI International Inc

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

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

GTSI Opens Regional Seminar Series with Focus on Physical Security and In-Car Video and Management Systems

CHANTILLY, Va., May 14 /PRNewswire-FirstCall/ -- GTSI Corp.(R) , an IT infrastructure solutions and services provider to government, announced that the first 2008 Regional Seminar Series will be held in Baltimore Maryland on May 22nd. The series, entitled Beyond Video: Architecting a Technology Platform for Physical Security and In-Car Video Management Systems, will feature security experts from Police Departments, the Department of Homeland Security (DHS), the analyst community, and GTSI.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070712/GTSILOGO )

This is the first of GTSI's Regional Seminar Series, coupled with GTSI's Technology Leadership Series held in Washington, D.C., presenting timely topics throughout the year. This seminar will be held at the Baltimore Maryland Marriott Waterfront, 700 Aliceanna Street. Speakers include Major Rodney Milburn, Commander of the Special Operations Division and Sandy Sundberg, Senior Systems Analyst of the Louisville, KY, Police Department; Gary W. Schenkel, Director of the Federal Protective Service at DHS; Stefan Waters, Senior Systems Engineer for the City of Baltimore CitiWatch Program, Rob Funk, Senior Analyst, Homeland Security and Justice/Public Safety at INPUT; and Bill Weber, Sr. Vice President of Programs and Services, GTSI. The speakers will relate their experiences with a variety of physical security challenges, on site and in-car, that have been successful in documenting criminal activities and making the streets safer for citizens.

Since the early 1990's, GTSI has been in the forefront of providing public safety officials with solutions to improve their ability to identify and capture criminals. Today, GTSI provides a wide variety of physical security solutions including very sophisticated in-car video management systems and services that incorporate technology assessment, product selection, project management and implementation services. Over the past decade, GTSI has provided over $400 million in equipment and services to more than 4700 police, fire, and EMS departments throughout the United States.

Presently, state and local agencies use GTSI's U.S. Communities technology contract, a pre-competed IT contract available to participating state and local governments for the procurement of equipment and services. The contract is flexible and enables governments to meet project milestones in an efficient manner. State and local governments currently work with GTSI to secure borders, ports, airports, school campuses, and other critical infrastructures as well as to purchase complete in-car video management systems.

"We've been partnering with public safety agencies for more than a decade and have seen funding sources and technology change dramatically," said Mr. Weber. "The world we live in has also changed, so it is important to continue to focus on this topic. We also want to make governments aware of rapid technological advancements and the wide variety of solutions we can offer in this important area and other areas that impact our safety."

GTSI has launched a dedicated Web site -- GTSI.com/rss -- with details on registration, content, speakers, and travel.

About GTSI Corp.

GTSI Corp. is the first information technology solutions provider offering a Technology Lifecycle Management (TLM) approach to IT infrastructure solutions delivered through industry-leading professional and financial services. GTSI employs a proactive, strategic methodology that streamlines technology lifecycle management, from initial assessment to acquisition, implementation, refresh, and disposal. TLM allows government agencies to implement solutions of national and local significance quickly and cost- effectively. GTSI's certified engineers and project managers leverage strategic partnerships with technology innovators. These experts use proven, repeatable processes to design, deploy, manage, and support simple to complex solutions, to meet governments' current and future requirements and business objectives. GTSI is headquartered in Northern Virginia, outside of Washington, D.C. Further information about the Company is available at GTSI.com/About.

NOTE: The sessions are on the record and open to press. Photography is permitted. Please contact Fern Krauss (fern.krauss@gtsi.com) for press registration.

GTSI and GTSI.com are registered trademarks of GTSI Corp. in the U.S. and other Countries. All trade names are the property of their respective owners.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070712/GTSILOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com GTSI Corp.

CONTACT: Paul Liberty, +1-703-502-2540, paul.liberty@gtsi.com, or Fern
Krauss, +1-703-502-2054, +1-301-424-9140, fern.krauss@gtsi.com, both of GTSI
Corp.

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

EMBARQ and Synacor Introduce Full-featured Bundle of Business ServicesBusiness-class high speed internet services offer business web space, e-mail and domain name services

BUFFALO, N.Y., May 14 /PRNewswire/ -- Synacor announced today that EMBARQ has launched a full-featured bundle of services for small businesses with EMBARQ(TM) Business-Class High-Speed Internet. These business services bring together products from EMBARQ and Synacor to offer High Speed Internet subscribers business e-mail, business web space and other domain related services for the small business owner and office. These tools deliver increased productivity for employees -- all accessed from biz.myembarq.com.

With these new services, EMBARQ business customers can enhance their Web presence, cost effectively market products and services, and ease communication between potential and existing customers. These services, suited for small businesses, utilize tools and online presence applications that promote collaboration and eliminate boundaries between people working in the same physical location and in satellite or remote offices -- whether that business has two, 20 or 99 people.

"Embarq's enhanced services for small businesses provide greater customization and convenience," said Susan Sarna, EMBARQ vice president of marketing and product management. "Coupled with the ease of use our customers gain from using biz.myembarq.com, EMBARQ(TM) helps them spend less time thinking about communications and focus on their business."

Synacor, a leading provider of Internet tools, portals and content for cable, Internet and telecommunications service providers, has integrated its proprietary technology platform into the EMBARQ(TM) online business customer portal in support of these enhanced services for small businesses. These services were created and packaged together to provide new, affordable and convenient business solutions for all small businesses and do not require software to download, install or upgrade.

"After analyzing the needs of small businesses, we have determined that bundled online services deliver significant value," said Ron Frankel, president and CEO of Synacor. "We're pleased to work with EMBARQ to ensure their customers receive the premium services and products they desire."

Business e-mail and domain name services from EMBARQ allow businesses of any size to communicate with customers using a personalized domain name, maintain contact with colleagues and clients with the time-saving Global Address List and manage and share Calendar functions intuitively with others -- allowing for better planning, communication and flexibility within organizations. Template-driven business web space from EMBARQ, based entirely on Macromedia's Flash, allows businesses to build and edit their Web site online and in real-time, with customizable text and addition of pictures, logos and seller tools.

For more information on this new service bundle, please visit Embarq.com. About Synacor

Synacor builds Internet tools and portals that simplify the way consumers get their digital media. Its technology platform provides white label portals, premium online content and email collaboration suites to broadband service providers such as cable operators, telecommunications companies, Internet service providers and others. Synacor provides the focused expertise and technology that allow both service providers and content providers to extend their brands online and create a relevant, personalized online experience for consumers through a single sign-on portal, enhanced content packaging and aggregated billing. For more information on Synacor, please visit http://www.synacor.com/.

About EMBARQ

Embarq Corporation , headquartered in Overland Park, Kansas, offers a complete suite of communications services. The company has approximately 18,000 employees and operates in 18 states. EMBARQ is included in the S&P 500. For consumers, EMBARQ offers an innovative portfolio of services that includes reliable local and long distance home phone service, high-speed Internet, wireless, and satellite TV from DISH Network(R) -- all on one monthly bill. For businesses, EMBARQ has a comprehensive range of flexible and integrated services designed to help businesses of all sizes be more productive and communicate with their customers. This service portfolio includes local voice and data services, long distance, Business Class High Speed Internet, wireless, satellite TV from DIRECTV(R), enhanced data network services, voice and data communication equipment and managed network services. Embarq received the highest numerical score among providers of local telephone voice services in the proprietary J.D. Power and Associates 2007 Major Provider Business Telecommunications Voice Services Study(SM). Study based on responses from 2,048 business customers measuring 4 providers. Proprietary study results are based on experiences and perceptions of consumers surveyed in January-February 2007. Your experiences may vary. Visit jdpower.com. For more information, visit embarq.com.

Contact: Sara Zavala Edelman 702.644.2465 sara.zavala@edelman.com Tom Matthews EMBARQ 919-554-7185 tom.r.matthews@embarq.com

Synacor

CONTACT: Sara Zavala of Edelman, +1-702-644-2465,
sara.zavala@edelman.com, for Synacor; or Tom Matthews of EMBARQ,
+1-919-554-7185, tom.r.matthews@embarq.com

Web site: http://www.synacor.com/
http://www.embarq.com/

Fushi Copperweld Reports First Quarter 2008 Financial Results

-- 1Q08 Revenues Increased 155.5% to $54 Million -- -- 1Q08 Net Income Increased 52% to $7.6 Million --

DALIAN, China, May 14 /Xinhua-PRNewswire-FirstCall/ -- Fushi Copperweld, Inc. , the leading global manufacturer of bimetallic wire used in a variety of telecommunication, utility, automotive, power transmission and other electrical products, today announced financial results for the first quarter of 2008.

Revenues for the first quarter of 2008 increased 155% to $54 million, from $21.1 million in the prior year's quarter. Organic revenues in the quarter from the Dalian facility totaled approximately $36 million, an increase of 70% over the prior year's first quarter. Revenues in the quarter were driven not only by the Copperweld contribution, but also by a higher sales volume, and sales from copper-clad steel, which is incremental to revenue. Overall, telecommunication applications accounted for approximately 63% of sales and utility applications for about 24% of sales.

Gross profit in the first quarter increased by 92% year over year to $14.7 million. Of the $14.7 million, $12.5 million reflected organic growth from the Dalian facility. Gross margin of 27.3% was down from last year's 36.4% and down sequentially from 28.6% in the fourth quarter, as the Company incurred higher inventory expenses stemming from increased raw materials costs associated with the Copperweld integration.

Operating expenses in the first quarter increased 262% to $5.8 million compared to $1.6 million in the prior year's quarter. This increase was primarily a result of higher general and administrative expenses associated with professional fees, as well as expenses associated with the integration of the Copperweld acquisition. On a percentage basis, operating expenses increased to 10.8% from 7.6%. Also included in the general and administrative expenses for the first quarter of 2008 was share-based compensation expense of $413,095, which was equivalent to 0.76% of net revenues.

Net income in the first quarter increased 52% to $7.6 million, or 14.0% of revenue, up from $5.0 million, or 23.5% of revenue in the prior year's quarter. The higher net income was due primarily to higher sales volume. The margin decline was primarily due to higher general and administrative expenses. Diluted earnings per share in the first quarter of 2008 was $0.26, versus $0.21 in the prior year's quarter. The weighted average share count used to calculate diluted EPS was 28.2 million.

Mr. Li Fu, Chairman and Chief Executive Officer of Fushi Copperweld commented, "We are excited about the developments at Fushi Copperweld, and are pleased with the completion of Phase I of our equipment relocation, which has allowed us to significantly increase our copper-clad aluminum capacity, and which we believe is the most advanced copper-clad aluminum line in the world at this time. We are encouraged by the demand we're seeing among our customers for high-value alternatives such as copper-clad aluminum. With the integration of Copperweld, we are now positioned as a dominant player in the bimetallic industry through technological innovation, manufacturing expertise, domestic and international marketing, and branding."

Mr. Fu continued, "Going forward, we are not only leveraging the strengths of the combined business, we are also expanding our potential market by selling into new markets beyond traditional telecommunication applications. We believe that Fushi Copperweld is now well positioned to increase worldwide market share in existing and new applications."

Financial Expectations

For the full year 2008, the company expects fully diluted earnings per share between $1.50 and $1.60 based on an estimated weighted average diluted share count of 28.8 million shares. Management anticipates that 2008 will be a year of executing the integration of Fushi Copperweld, and looks to 2009 as the year in which the company can begin to realize the full range of benefits of the combined company, as a result of equipment relocation and additional product lines ramping up.

Mr. Fu concluded, "We are excited about the momentum we're seeing at the combined Fushi Copperweld and look forward to realizing additional synergies not only on the cost side, but more importantly, in terms of new opportunities, new markets, and new sources of revenue. Our plan for the coming quarters is to deliver an increase in global production and to continue generate strong financial results to our shareholders."

Conference Call

The Company will conduct a conference call to discuss the first quarter 2008 results today, Wednesday, May 14, 2008, at 8:30 am ET. Listeners may access the call by dialing 913-312-1485. A live webcast of the conference call will also be available at http://www.fushicopperweld.com/ , under the Calendar of Events link located on the Investor Relations section. A replay of the call will be available from May 14, 2008 to June 14, 2008. Listeners may access the replay by dialing # 719-457-0820; passcode: 8453975.

About Fushi Copperweld

Fushi Copperweld, through its wholly owned subsidiaries, Fushi International (Dalian) Bimetallic Cable Co., Ltd., and Copperweld Bimetallics, LLC, designs, develops, manufactures and sells bimetallic composite wire products, principally copper-clad aluminum wires ("CCA") and copper-clad steel ("CCS"). CCA and CCS wire offers greater value than solid copper wire in a wide variety of applications such as coaxial cable for cable television (CATV), signal transmission lines for telecommunication networks, distribution lines for electricity, electrical transformers, wire components for electronic instruments and devices, utilities, appliances, automotive, building wire, and other industrial wire. For more information on Fushi Copperweld, visit the website: http://www.fushicopperweld.com/ .

Safe Harbor Statement

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of forward-looking terminology such as "will," "believes," "expects" or similar expressions. These forward-looking statements may also include statements about our proposed discussions related to our business or growth strategy, which is subject to change. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect.

All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual

Report filed with the Securities and Exchange Commission (SEC) on Form 10- K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov/.

(Financial Tables to Follow) FUSHI COPPERWELD, INC. AND SUBSIDIARIES (Formerly Fushi International, Inc.) CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED MARCH 31, 2008 AND 2007 (UNAUDITED) 2008 2007 REVENUES $ 54,009,027 $ 21,137,917 COST OF GOODS SOLD 39,275,340 13,452,737 GROSS PROFIT 14,733,687 7,685,180 OPERATING EXPENSE Selling expenses 792,911 175,194 General and administrative expenses 5,054,183 1,441,002 Total operating expense 5,847,094 1,616,196 INCOME FROM OPERATIONS 8,886,593 6,068,984 OTHER INCOME (EXPENSE) Interest income 160,363 191,210 Interest expense (1,122,065) (1,282,072) Other income 189,954 62,110 Other expense (75,914) (65,499) Total other expense, net (847,662) (1,094,251) INCOME BEFORE INCOME TAXES 8,038,931 4,974,733 PROVISION FOR INCOME TAXES 468,435 -- NET INCOME 7,570,496 4,974,733 OTHER COMPREHENSIVE INCOME Realized loss on marketable securities 22,301 -- Foreign currency translation adjustment 7,855,000 902,861 Change in fair value of derivative instrument (5,109,480) -- COMPREHENSIVE INCOME $ 10,338,317 $ 5,877,594 BASIC EARNINGS PER SHARE Earnings Per Share $ 0.28 $ 0.24 Weighted average shares outstanding 27,048,039 20,507,096 DILUTED EARNINGS PER SHARE Earnings Per Share $ 0.26 $ 0.21 Weighted average shares outstanding 28,228,604 23,824,495 FUSHI COPPERWELD, INC. AND SUBSIDIARIES (Formerly Fushi International, Inc.) CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2008 AND DECEMBER 31, 2007 A S S E T S March 31, December 31, 2008 2007 (Unaudited) CURRENT ASSETS: Cash $ 78,580,616 $ 79,914,758 Marketable securities -- 2,977,699 Restricted cash 3,856,000 1,000,000 Accounts receivable, trade, net of allowance of bad debt $211,629 and $135,418 as of March 31, 2008, and December 31, 2007 34,369,645 23,611,186 Inventories, net 26,391,479 12,308,295 Notes receivables 485,813 816,905 Other receivables and prepaid expenses 1,991,838 997,979 Advances to suppliers 9,683,792 2,341,839 Cross currency hedge receivable 136,961 706,170 Deferred tax assets 3,651,003 2,852,000 Total current assets 159,147,147 127,526,831 PLANT AND EQUIPMENT, net 94,963,080 87,228,600 OTHER ASSETS: Advances to suppliers, noncurrent 15,497,814 18,204,775 Prepaid land use rights 4,749,334 4,559,760 Intangible asset, net of accumulated amortization 6,004,316 5,832,721 Deferred loan expense, net 2,447,574 3,115,930 Total other assets 28,699,038 31,713,186 Total assets $ 282,809,265 $ 246,468,617 L I A B I L I T I E S A N D S H A R E H O L D E R S' E Q U I T Y CURRENT LIABILITIES: Accounts payable, trade $ 9,686,316 $ 3,028,823 Short term bank loans 27,053,926 12,871,884 Current portion of long term debts 11,424,000 10,968,000 Other payables and accrued liabilities 4,466,821 5,791,597 Customer deposits 182,443 -- Taxes payable 1,331,813 1,005,259 Total current liabilities 54,145,319 33,665,563 LONG TERM LIABILITIES: Notes payable 45,000,000 60,000,000 Fair value of derivative instrument 13,624,876 8,515,396 Total liabilities 112,770,195 102,180,959 COMMITMENTS AND CONTINGENCIES -- -- SHAREHOLDERS' EQUITY: Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued or outstanding -- -- Common stock, $0.006 par value, 100,000,000 shares authorized, March 31, 2008: 27,454,162 issued and 27,354,162 outstanding; December 31, 2007: 25,311,304 shares issued and 25,211,304 outstanding 164,125 151,268 Common stock held in escrow, 100,000 shares 600 600 Additional paid in capital 93,065,302 77,665,064 Statutory reserves 8,321,726 8,321,726 Retained earnings 61,703,566 54,133,070 Accumulated other comprehensive income 6,783,751 4,015,930 Total shareholders' equity 170,039,070 144,287,658 Total liabilities and shareholders' equity $ 282,809,265 $ 246,468,617 FUSHI COPPERWELD, INC. AND SUBSIDIARIES (Formerly Fushi International, Inc.) CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 2008 and 2007 (UNAUDITED) 2008 2007 CASH FLOWS FROM OPERATING ACTIVITIES: $ Net income 7,570,496 $ 4,974,733 Adjustments to reconcile net income to cash provided by (used in) operating activities: Depreciation 1,404,042 301,596 Amortization of intangibles 62,277 57,483 Amortization of financing expense 668,356 149,589 Amortization of stock option compensation 413,095 -- Gain on derivative instrument (169,167) -- Loss on marketable securites 16,158 -- Change in operating assets and liabilities: Accounts receivable (9,917,566) (2,599,888) Inventories (13,669,483) (321,590) Other receivables and prepayments (908,504) (1,495,482) Notes receivables 357,309 -- Advance to suppliers (7,031,475) -- Deferred tax assets (799,003) Accounts payable 6,602,565 275,573 Other payables and accrued liabilities (1,364,005) 904,538 Customer deposits 178,572 73,405 Taxes payable 285,445 (128,103) Net cash (used in) provided by operating activities (16,300,888) 2,191,854 CASH FLOWS FROM INVESTING ACTIVITIES: Proceeds from derivative instrument 738,376 -- Proceeds from sale of marketable securities 2,983,842 -- Purchase of property and equipment (3,253,101) (3,118,108) Advances for purchase of equipment -- (4,682,463) Net cash provided by (used in) investing activities 469,117 (7,800,571) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from bank loans 16,908,000 14,263,112 Payments on bank loans (5,814,432) (8,655,841) Change in restricted cash (2,795,400) (5,728,044) Net proceeds from stock issuance in private placement -- 1,826 Net borrowing on credit line 2,749,402 -- Net proceeds from convertible notes -- 56,400,000 Proceeds from exercise of stock warrants -- 1,115,313 Net cash provided by financing activities 11,047,570 57,396,366 EFFECT OF EXCHANGE RATE ON CASH 3,450,059 505,130 (DECREASE) INCREASE IN CASH (1,334,142) 52,292,779 CASH, beginning of year 79,914,758 20,493,551 CASH, end of period $ 78,580,616 $ 72,786,330 For more information, please contact: Nathan Anderson Director of I.R. & Corporate Development Fushi Copperweld, Inc. Tel: +1-931-652-2433 Bill Zima & Ashley Ammon MacFarlane Integrated Corporate Relations Tel: +1-203-682-8200

Fushi Copperweld, Inc.

CONTACT: Nathan Anderson, Director of I.R. & Corporate Development, Fushi
Copperweld, Inc., +1-931-652-2433; Bill Zima & Ashley Ammon MacFarlane of
Integrated Corporate Relations, +1-203-682-8200

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

Harbin Electric to Present at the ROTH 3rd Annual China Discovery Tour on May 19, 2008

HARBIN, China, May 14 /Xinhua-PRNewswire-FirstCall/ -- Harbin Electric, Inc., (''Harbin Electric'' or the ''Company'', Nasdaq: HRBN), a market leader in customized linear motors, motor/controller automation systems, automobile specialty micro-motors, and other special motors, today announced that it will participate in the ROTH 3rd Annual China Discovery Tour on May 19, 2008 at the Regent Beijing Hotel, China.

The Company will present Harbin Electric's business overview including product lines, competitive strengths, and key growth strategies at 1:20 p.m. local time. Mr. Tianfu Yang, Harbin Electric's Chairman and Chief Executive Officer and Ms. Christy Shue, Executive Vice President of Finance and Investor Relations will be available to answer investor questions after the presentation and at one-on-one meetings during the day.

For More information about the conference, please visit http://www.roth.com/ .

About Harbin Electric, Inc.:

Harbin Electric, headquartered in Harbin, China, is a market leader in linear motors, motor/controller automation systems, automobile specialty micro-motors, and other special motors. It is the first and, to our knowledge, the only Chinese company to provide product development and integrated production tailored to customer applications in this industry. The Company takes pride in its environmental and social policies. The Company believes that it provides its customers with energy-efficient products and its employees with a family-friendly work environment, based on competitive compensation and humane work schedules.

A strong focus of Harbin Electric is its emphasis on technology, innovation and creativity, based on a strong research and development ("R&D") capabilities. It recruits talent worldwide and through collaboration with top scientific institutions. Its ISO-certified manufacturing facility is equipped with state-of-the-art production lines and quality control systems to ensure product quality.

China's rapidly-expanding economy and governmental policies supporting the industry have provided a strong growth platform for the Company. To learn more about Harbin Electric, visit http://www.harbinelectric.com/ .

Safe Harbor Statement

The actual results of Harbin Electric, Inc. could differ materially from those described in this press release. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release may be found in the Company's periodic filings with the U.S. Securities and Exchange Commission, including the factors described in the section entitled "Risk Factors" in its quarterly report on Form 10-Q for the quarter ended March 31, 2008. The Company does not undertake any obligation to update forward-looking statements contained in the press release. This press release contains forward-looking information about the Company that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and the Company's future performance, operations and products.

For investor and media inquiries, please contact: Harbin Electric, Inc. In China Tel: +86-451-8611-6757 Email: MainlandIR@Tech-full.com In the U.S. Christy Shue Executive VP, Finance & Investor Relations Tel: +1-631-312-8612 Email: cshue@HarbinElectric.com

Harbin Electric, Inc.

CONTACT: In China, +86-451-8611-6757, or MainlandIR@Tech-full.com; or in
the U.S., Christy Shue, Executive VP, Finance & Investor Relations, +1-631-
312-8612, or cshue@HarbinElectric.com, both of HRBN

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

China Industrial Waste Management, Inc. to Announce First Quarter Results on May 15, 2008

DALIAN, China, May 14 /Xinhua-PRNewswire-FirstCall/ -- China Industrial Waste Management, Inc. (BULLETIN BOARD: CIWT) , a leading environmental services and solutions provider in China, today announced it will report its first quarter results on Thursday, May 15, 2008, at 4:30 p.m. U.S. Eastern Time (4:30 a.m. Beijing Time, May 16, 2008).

Interested participants should call 800-860-2442 when calling within the United States or 412-858-4600 when calling internationally. The pass code is "Waste Management."

This call is being web cast by MultiVu and can be accessed by clicking on this link http://www.videonewswire.com/event.asp?id=48478 .

About China Industrial Waste Management, Inc.

China Industrial Waste Management, Inc., through its 90%-owned subsidiary Dalian Dongtai Industrial Waste Treatment Co., Ltd., is engaged in the collection, treatment, disposal and recycling of industrial wastes principally in Dalian, China and surrounding areas in Liaoning Province. The Company provides waste disposal solutions to its more than 400 customers from facilities located in the Economic and Technology Development Zone, Dalian, PRC. Dalian Dongtai treats, disposes of and/or recycles a variety of industrial wastes through incineration, burial and/or water treatment, and recycles, processes and/or resells waste products for use as raw materials in the production of chemical and metallurgy products. In addition, Dalian Dongtai provides environmental protection services, technology consultation, pollution treatment services, and waste management design processing services.

Forward-Looking Statement:

This release includes "forward-looking statements." You can identify these statements by the fact that they do not relate strictly to historical or current facts. These statements contain such words as "may," "project," "might," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or the negative or other variations thereof or comparable terminology. These forward-looking statements are based on current expectations and projections about future events. Investors are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified and, consequently, our actual performance may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors, as well as other factors described from time to time in our reports filed with the Securities and Exchange Commission: the timing and magnitude of technological advances; the prospects for future acquisitions; the effects of political, economic and social uncertainties regarding the governmental, economic and political circumstances in the People's Republic of China, the possibility that a current customer could be acquired or otherwise be affected by a future event that would diminish their waste management requirements; the competition in the waste management industry and the impact of such competition on pricing, revenues and margins; uncertainties surrounding budget reductions or changes in funding priorities of existing government programs and the cost of attracting and retaining highly skilled personnel; our projected sales, profitability, and cash flows; our growth strategies; anticipated trends in our industries; our future financing plans; and our anticipated needs for working capital.

Forward-looking statements speak only as of the date on which they are made, and, except to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.

For further information, contact: Ms. Guo Xin, CFO Tel: +86-411-8581-1229 Email: hellenguo@chinaciwt.com Mr. Zhang Dazhi, Company Secretary Tel: +86-411-8259-5339 Email: darcy.zhang@chinaciwt.com

China Industrial Waste Management, Inc.

CONTACT: Ms. Guo Xin, CFO, +86-411-8581-1229, or hellenguo@chinaciwt.com;
Or Mr. Zhang Dazhi, Company Secretary, +86-411-8259-5339, or
darcy.zhang@chinaciwt.com

Web site: http://www.videonewswire.com/event.asp?id=48478

Maryland Institute College of Art Successfully Upgrades to Oracle's PeopleSoft Enterprise Release 9.0College Taps Oracle's Expertise in Higher Education to Help Improve Operations and Performance

REDWOOD SHORES, Calif., May 14 /PRNewswire-FirstCall/ --

-- Oracle today announced that Maryland Institute College of Art (MICA), a private art college in Baltimore, has upgraded to Oracle's PeopleSoft Enterprise Release 9.0. -- MICA completed its upgrade of PeopleSoft Enterprise Human Capital Management, Campus Solutions, Contributor Relations and Enterprise Portal on time and on budget. Continuing with its strategy to standardize on an integrated suite of applications, the college currently is upgrading to PeopleSoft Enterprise Financial Management 9.0. -- Founded in 1826, MICA is the oldest fully accredited, degree-granting college of art in the country. A PeopleSoft Enterprise customer since 1999, the college initially deployed the applications to automate manual administrative tasks. Since its initial implementation, the college has nearly doubled in size and today has more than 1,800 undergraduate and graduate students and nearly 918 faculty and staff members. -- To support its growth and gain further benefit from automating core administrative processes, MICA evaluated multiple enterprise resource planning (ERP) vendor solutions in 2007. The college chose to re-commit and upgrade to PeopleSoft Enterprise Release 9.0 because the solution offered the scalability and functionality necessary to support the institution's rapid growth without increasing costs or IT staff, and because Oracle had deep expertise and experience working with higher education institutions. -- MICA is utilizing functionality within PeopleSoft Enterprise Release 9.0 Human Capital Management applications for HR Administration, Payroll and Base Benefits; additionally, the college has also deployed PeopleSoft Enterprise 9.0 Campus Solutions for Academic Advisement, Student Records, Student Financials, Financial Aid, Recruiting and Admissions, Contributor Relations and Campus Community. -- The college also leverages PeopleSoft Enterprise Portal to deliver the applications in an integrated, self-service environment to faculty, staff and students. The portal upgrade has improved the user experience for the majority of MICA's students and faculty that work on Mac computers and Mozilla Firefox or Apple Safari Web browsers. -- Since upgrading, MICA can now offer online bill/tuition payment, course registration, academic advisement, pay advices, grading and class rosters. -- With the upgrade, MICA scaled its systems overnight without experiencing a disruption in operations. For example, the student system grew to support more than 2,500 users from just 58. -- MICA faculty, staff and students have offered positive feedback, and have adopted the new applications with little or no training. Users appreciate the portal's simplified interface and the ability to complete tasks such as payroll deductions, records maintenance, tuition payment, course registration and academic advisement directly in a self-service environment. ROI: Cost Reductions and Improved Strategic Focus -- Since implementing PeopleSoft Enterprise Release 9.0, MICA has reduced operational costs and enabled staff and faculty to focus on strategic and institutional priorities by eliminating many paper-based systems and streamlining many processes. -- The registration process was completed faster this year, enabling better decision making on fall 2008 admissions. Prior to implementing online registration, processing took three staff members 20 business days per year. Today, only five days are spent monitoring student access to self-service registration. -- Since implementing online payments, payment plans, and account view, MICA's student accounts office has reduced paper flow by one-third and improved overall customer service. -- Implementing online pay advices has saved eight hours of staff time during each per pay period -- adding up to nearly 200 hours saved per year -- and enabled significant postage savings. Supporting Quotes -- "MICA was fortunate to have the three things that make a successful ERP implementation -- a good system, good people using it and executives who support it. Our upgrade to PeopleSoft Enterprise Release 9.0 was one of the smoothest upgrades I have been involved with, and we were able to deliver systems ahead of time and on budget. Today, our PeopleSoft systems are embraced by users, and we believe we have only begun to realize the cost and efficiency gains," said Ted Simpson, director of administrative systems for MICA. -- "MICA's upgrade to PeopleSoft Enterprise Release 9.0 demonstrates the value and scalability of the PeopleSoft solution for growing organizations of all sizes. Oracle's commitment to evolving and extending the value of our customers' current investments as part of our Applications Unlimited program, while providing best-in-class solutions and unsurpassed expertise, confirms Oracle's position as an industry leader," said Doris Wong, Oracle's vice president and general manager of PeopleSoft Enterprise. Product Functionality -- PeopleSoft Enterprise Release 9.0 is standardized on the Oracle(R) Fusion Middleware platform, including Oracle XML Publisher, enabling customers to lower implementation costs, simplify upgrades and reduce the complexity of maintaining integration points with next-generation technology. -- Developed through collaboration with customers, PeopleSoft Enterprise HCM Release 9.0 enables organizations to deploy enterprise-wide talent management strategies and configurable business processes to increase efficiency and operating performance. -- Oracle's PeopleSoft Campus Solutions Release 9.0 is a feature-rich student information and alumni donor management system. An adaptable solution, the application serves all sizes and types of institutions including small, private universities, community colleges, research institutions and large, public, multi-campus systems. -- Oracle's PeopleSoft Enterprise Financial Management 9.0 features enhancements to core financial accounting, asset lifecycle management and enterprise service automation applications. Additionally, it includes new features in PeopleSoft Enterprise Internal Controls Enforcer, a key product designed to enable users to automate and enforce internal controls required under Section 404 of Sarbanes-Oxley. -- Oracle's PeopleSoft Enterprise Portal is a world-class portal solution with many robust content and collaborative features. It is ideal for customers wishing to deploy a virtually unlimited number of communities for their enterprise and provides unsurpassed integration into PeopleSoft's Enterprise applications. Supporting Resources Press Releases Customers Benefit from Oracle's PeopleSoft Enterprise Release 9.0 http://tinyurl.com/4uhvac

Independent Research Firm Finds PeopleSoft Enterprise Human Capital Management Enables Best-In-Class Performance

http://tinyurl.com/4my3jn

Higher Education Institutions of All Sizes Enable Increased Efficiency and Competitive Advantage With Oracle Applications and Infrastructure Software

http://tinyurl.com/2x5eaa Podcasts What's New in PeopleSoft Human Capital Management (HCM) 9.0 http://tinyurl.com/2ynb35 Update on PeopleSoft 9.0 http://tinyurl.com/2hnpmm Demos and Videos PeopleSoft Enterprise Release 9.0 Demo http://tinyurl.com/6mt3s8 Oracle Blogs Talented Apps Blog: http://talentedapps.wordpress.com/ PeopleSoft Technology Blog: http://blogs.oracle.com/peopletools/ Related Resources About Oracle HCM http://tinyurl.com/2lwgvz Brief on the Value of PeopleSoft Campus Solutions http://tinyurl.com/4oaq26 Oracle Information InDepth HCM Newsletter http://tinyurl.com/yrxyzx Independent Analyst Reports Regarding Oracle Software http://tinyurl.com/25ra2y White Paper - PeopleSoft Enterprise 9.0: The Extended-Value Release http://tinyurl.com/2873o3 Oracle ACE PeopleSoft Enterprise Forum http://forums.oracle.com/forums/forum.jspa?forumID=432 About Maryland Institute College of Art

MICA's undergraduate and graduate programs have consistently been ranked among the nation's top programs in visual arts and design. Founded in 1826, MICA is the oldest fully accredited, degree-granting college of art in the country.

About Oracle

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

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

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

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

CONTACT: Susie Penner of Oracle, +1-650-506-1973,
susanne.penner@oracle.com; or Wendy Allen of Blanc and Otus, +1-805-570-4931,
wallen@blancandotus.com, for Oracle

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

Atmel's 400 MHz ARM9-based Embedded Microprocessor Consumes Only 80 mW in Active Mode

ROUSSET, France, May 14 /PRNewswire/ --

- AT91SAM9G20 offers twice the speed with half the power consumption of pin-compatible AT91SAM9260

Atmel(R) Corporation (Nasdaq: ATML) announced today its 400 MHz AT91SAM9G20 ARM926EJ-S(TM)-based embedded microprocessor that draws only 80 mW in full-power mode with all peripherals turned on. The AT91SAM9G20, pin-compatible with the 200 MHz AT91SAM9260, offers four times the cache and on-chip SRAM memory and features improved error correction for external NAND Flash as well as an enlarged Ethernet FIFO that improves latency. The AT91SAM9G20 is targeted at power-constrained applications that also need high performance. These include point-of-sale terminals, building automation, security cameras and bar code readers.

The AT91SAM9G20 offers the industry's widest choice of operating systems, with support for Microsoft(R) Windows CE(R), .NET MF and Linux(R), as well as a number of real-time operating systems (RTOS) and middleware products from industry-leading third parties including Adeneo(R), IAR(R), Keil(TM), Mentor Graphics(R), Micrium, Segger and TimeSys(R).

Multi-layer AHB, Peripheral DMA and Distributed Memory for Maximum Internal Data Bandwidth. The AT91SAM9G20 fully exploits Atmel's market-leading peripheral DMA (direct memory access) and distributed memory architecture that, together with the 6-layer bus matrix, enables multiple simultaneous data transfers between memories, peripherals and external interfaces without consuming CPU clock cycles. The external bus interface (EBI) is clocked at 133 MHz for high-speed transfers to off-chip memories. This architecture gives the device the high internal and external data bandwidth required by many embedded networked applications.

Networking, Communications and Image Sensing. Networking and communications requirements are met by 12M bps USB Full Speed Dual Host and Device ports, an Ethernet 10/100 Base T MAC, four USARTs, SPI, SSC and Two-Wire Interface (TWI). The image sensing requirements of many of the target applications for the AT91SAM9G20 are met by a fully integrated Image Sensor Interface (ISI).

Advanced Power Management. In addition to halving the power consumption in full-speed operating mode (where the clock frequency is software programmable), the AT91SAM9G20 features four reduced-power modes, including Backup Mode where the main power supply is off and the device power consumption is sufficiently low (9uW) for an extended period of operation under battery supply.

Availability and Pricing. The AT91SAM9G20 is sampling now, packaged in a 217-ball LFBGA RoHS-compliant package. Pricing is US$7 in quantities of 10k. The AT91SAM9260 will continue to be supplied and fully supported as long as demand continues.

About Atmel

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

(C) 2008 Atmel Corporation. All Rights Reserved. Atmel(R), logo and combinations thereof, and others are registered trademarks or trademarks of Atmel Corporation or its subsidiaries. ARM(R) and others are registered trademarks or trademarks of ARM Ltd. Mentor Graphics(R) is a registered trademark of Mentor Graphics. Other terms and product names may be trademarks of others.

Information:

Atmel's AT91SAM9G20 product information may be retrieved at http://www.atmel.com/dyn/products/devices.asp?family_id=605

Press Contacts: Peter Bishop, Communications Manager, Atmel Rousset, Europe Tel: +33(0)4-42-53-61-50, Email: peter.bishop@atmel.com Helen Perlegos, Public Relations Tel: +1-408-487-2963, Email: hperlegos@atmel.com

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

Atmel Corporation

Peter Bishop, Communications Manager of Atmel Rousset, Europe, +33(0)4-42-53-61-50, peter.bishop@atmel.com; or Helen Perlegos, Public Relations of Atmel Corporation, +1-408-487-2963, hperlegos@atmel.com

Certicom Delivers Digital Content Protection Solution to MicronasInternational Semiconductor Manufacturer Selects Certicom KeyInject For Secure, Automated Key Management

MISSISSAUGA, ON, May 14 /PRNewswire-FirstCall/ -- Certicom Corp. (TSX: CIC) today announced that Micronas (SWX Swiss Exchange: MASN), a leading supplier of innovative application-specific IC system solutions for automotive and consumer electronics, has licensed Certicom's KeyInject(R) solution to secure the high-definition digital content protection (HDCP) cryptographic keys that are embedded into its silicon chips for use in consumer electronics.

HDCP is an industry-standard scheme designed to protect high-definition content during transmission from the source device to a display device, like an HDTV or projector. Cryptographic keys are used to encrypt the content and also authenticate the display device during this process, thereby preventing eavesdropping of high definition media and mid-transmission attacks.

Under HDCP licensing agreements, manufacturers can face substantial fines in the form of liquidated damages if just one key is lost during the manufacturing and assembly process. Companies that do not use an automated system to send keys to outsourced contract factories are vulnerable to human errors that result in key loss or misuse and may trigger licensing violations and direct monetary loss.

To remedy this, semiconductor companies that manufacture devices for consumer electronics are seeking to use secure and automated solutions in their manufacturing process that will protect their licensed keys, even when those keys are outsourced to manufacturing sites globally. To ensure the security of its products, Micronas has chosen Certicom KeyInject to protect their highly valuable HDCP keys during the chip manufacturing process. Micronas needed a solution that not only controlled their keys but also ensured that key inventories are always available to their contract manufacturing plants.

"Knowing the potential penalties for mismanaged or dropped keys, conducting these processes manually is not an option," said Stefan Rossel, Director IT at Micronas. "Certicom's solution is not only ideal as an automated process, but also as a trusted and proven source of dependable security and key management operations."

Certicom's KeyInject system also provides a key management and audit trail so that companies can account for the keys used during manufacturing and also monitor them to detect any irregular usage.

"Using our KeyInject system, Micronas is able to deliver their chip solutions for consumer electronics like high-definition TVs to market much faster," said Brian Neill, Certicom product manager. "Having a major international customer like Micronas validates the importance of using an automated key injection system from a trusted cryptography supplier, especially given the realities of today's world of globally outsourced manufacturing."

About Certicom KeyInject for HDCP(TM)

The world's leading chip manufacturers already rely on Certicom KeyInject technology to automate key logistics, diminish liability, improve tracking, and reduce costs relating to offshore chip manufacturing and silicon testing. More than any other form of serialized data, keys are difficult to track. Especially given the $8 million liability for HDCP licensees, companies are re-evaluating whether an in-house key management system provides sufficient protection. Not only does building a reasonably secure tracking system consume valuable NRE and operations capacity, most still include manual processes like FTP sites and email that make costly mistakes more likely than a fully automated solution that is tightly integrated with existing systems.

About Micronas

Micronas (SWX Swiss Exchange: MASN), a semiconductor designer and manufacturer with worldwide operations, is a leading supplier of cutting-edge IC and sensor system solutions for consumer and automotive electronics. As a market leader in innovative global TV system solutions, Micronas leverages its expertise into new markets emerging through the digitization of audio and video content. Micronas also offers a variety of microcontrollers and Hall-sensors for automotive and industrial applications, such as car dashboard, body control, as well as motor management and comfort functions.

Micronas serves all major consumer and automotive electronics customers worldwide, many of them in continuous partnerships seeking joint success. While the holding company is headquartered in Zurich (Switzerland), operational headquarters are based in Freiburg (Germany). Currently, the Micronas Group employs around 2000 people. In 2007 it generated CHF 713/USD 596/EUR 433 million in sales. For more information on Micronas and its products, please visit http://www.micronas.com/.

About Certicom

Certicom protects the value of content, applications and devices with government-approved security. Adopted by the National Security Agency (NSA) for government communications, Elliptic Curve Cryptography (ECC) provides the most security per bit of any known public-key scheme. As the global leader in ECC, Certicom security offerings are currently licensed to more than 300 customers including General Dynamics, Motorola, Oracle, Research In Motion and Unisys. Founded in 1985, Certicom's corporate offices are in Mississauga, Ontario, Canada with worldwide sales and marketing headquarters in Reston, Virginia and offices in the U.S., Canada, Europe and China. Visit http://www.certicom.com/.

Certicom, Certicom Security Architecture, Certicom Trust Infrastructure, Certicom CodeSign, Certicom KeyInject, Security Builder, Security Builder API, Security Builder BSP, Security Builder Crypto, Security Builder ETS, Security Builder GSE, Security Builder IPSec, Security Builder NSE, Security Builder PKI and Security Builder SSL are trademarks or registered trademarks of Certicom Corp. All other companies and products listed herein are trademarks or registered trademarks of their respective holders. Information subject to change.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Forward-looking information includes information concerning the Company's future financial performance, business strategy, plans, goals and objectives. When used in such documents, the words "plans", "expects", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "will", "believes" or variations of such words and phrases often, but not always, identify forward looking statements. Factors which could cause actual results or events to differ materially from current expectations include, among other things: the ability of the Company to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits; the ability of the Company to develop, promote and protect its proprietary technology security breaches or defects in the Company's products; competitive conditions in the businesses in which the Company participates; changes in consumer spending; the outcome of legal proceedings as they arise; general economic conditions and normal business uncertainty; consolidation in the Company's industry and by its customers; customer preferences towards product offerings; the risk that customers may cancel their contracts with the Company; reliance on a limited number of customers; demand for ECC-based technology; performance of the Company's management team and the Company's ability to attract and retain skilled employees; operating the Company's business profitably; fluctuations in revenue and foreign currency exchange rates; interest rate fluctuations and other changes in borrowing costs; the ability to develop and maintain strategic relationships; and other factors identified under the heading "Risk Factors" in the Company's annual information form dated July 26, 2007 and filed on SEDAR at http://www.sedar.com/.

Certicom Corp.

CONTACT: For Certicom: John Conrad, Merritt Group Inc., (703) 390-1538,
conrad@merrittgrp.com

Avensys Corporation Reports Financial Results for the Third Quarter Fiscal Year 2008 Ended, March 31, 2008Record Quarterly Revenues Fuelled by Strong Demand for Fiber Optic Components

MONTREAL, May 14 /PRNewswire-FirstCall/ -- Avensys Corporation (OTC Bulletin Board: AVNY; FRANKFURT WKN: A0M9YA), a leading manufacturer of high-end fiber optic components and distributor and integrator of environmental and process monitoring systems, today reported its financial results for the third quarter ended, March 31, 2008.

With its operational and financial re-structuring completed, the Company recorded record-high quarterly revenues of $5.8 million, or a 30.5% increase compared to the same quarter last year, driven by strong demand for its fiber optic components. Fiber optic revenues increased 40.5% and environmental solutions improved 15.0% from the third quarter of 2007. These results do not include any revenues from the acquisition of Willer Engineering Ltd., which was completed on March 28, 2008.

Gross margin increased 25.7% to $2.0 million during the third quarter compared to the same period last year. The gross margin as a percentage of sales was 34.7% compared to 36.0% during the third quarter of last year. The Company's revenues are primarily in U.S. dollars while the majority of its costs are in Canadian dollars. Over the past 12 months, the Company has had to bear the burden of increased expenses as the Canadian dollar has appreciated by more than 13.0%. These significant costs have been almost completely offset by higher plant utilization and much higher product yields due to improvements in manufacturing processes.

Adjusted EBITDA is positive with the current quarterly result of $188,000 which is a substantial improvement over last year's result of $65,000. SG&A increased by 31.5%, or $401,000 compared to the same period last year. Much of this increase can be attributed to the stronger Canadian dollar. As the exchange rate seems to have stabilized for the time being, SG&A levels should remain relatively flat going forward, excluding cost increases related to acquisitions.

President and Chief Executive Officer, John Fraser of Avensys Corporation, commented, "We are encouraged to see that our strategy to focus on the core business segments which have demonstrated the most potential for growth has been validated by the results we experienced this quarter. As key players within the fiber optics industry, we are well positioned to capitalize on an industry that is an area which is experiencing renewed and remarkable growth in the past few years. This growth is being driven by new digital media, high throughput communication devices, as well as an emerging technology shift to high output lasers in the fiber optic laser industry."

During the third quarter, Avensys successfully qualified its new high powered pump laser combiner; launched a miniature DPSK demodulator for high bitrate telecommunications systems, experienced increased sales of its micro DPSK demodulator, and shipped a record 30,000 fiber bragg gratings. The Company is now manufacturing leading-edge components used in 40 gigabit communication systems and its fiber laser components are in significant demand.

Avensys Solutions division continues to perform steadily and is a solid contributor to our overall revenue stream. On March 28, Avensys announced the acquisition of the operating assets of Willer Engineering Limited, a provider of industrial process measurement and continuous emission monitoring instrumentation solutions to the Canadian industrial marketplace. This acquisition is expected to provide significant new growth opportunities resulting from the synergies derived from the combination of our respective expertise, market niches, product lines, sales skills and geographical coverage.

Nine Months Results

For the nine months ended, March 31, 2008, Avensys Corporation reported consolidated revenues of $14.7 million compared to $11.2 million for the same period in the prior year, representing a 31.0% increase.

The revenues of the Avensys Tech fiber optics division increased 47.0% compared to the nine month period of the previous year and revenues of the Avensys Environmental Solutions division increased 2.2% compared to the nine month period of the previous year.

Gross margin improved to 36.3% as a percentage of consolidated revenues as compared to 33.7% for the same period in the previous year. Loss from Operations was $2.0 million, compared to $1.8 million for the same period last year. Net cash used in operating activities for the period was $1.5 million, as compared with net cash used of $2.9 million for the same period last year. The Company made an adjusted EBITDA loss of $352,000, as compared with an adjusted EBITDA loss of $859,000 for the same period last year.

John Fraser concluded, "The future is promising as the Company continues to increase sales and starts generating positive cash flow from operations."

Conference Call

Avensys Corporation will host a conference call today at 11:00 am ET and will be simultaneously broadcast live over the Internet at http://www.avensyscorporation.com/ or http://www.vcall.com/. Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast. The online archive of the broadcast will be available within one hour of the live call.

Those who would like to participate on the conference call should dial 877-407-0782 (US and Canada) and +1-201-689-8567 (International).

A replay of the call will be available on the Company's Web site or by dialing 877-660-6853 (US and Canada) and +1-201-612-7415 (International). When prompted please enter access code, #286 and conference ID #285093. The replay will be available one hour following the live call and for two weeks.

About Avensys Corporation

Avensys operates two divisions. Avensys Technologies designs, manufactures, distributes, and markets high reliability optical components and modules as well as FBGs for the telecom market and high power devices and sub- assemblies for the industrial market. Avensys Environmental Solutions, the other division of Avensys, is an industry leader in providing instrumentation and integrated solutions for the monitoring of industrial processes and environmental surveillance applications for air, water and soil in the Canadian marketplace. To find out more about Avensys Technologies, please visit our website.avensystech.com. For more information on Avensys Environmental Solutions, please visit http://www.avensyssolutions.com/. For Avensys Corporation company news and updates you can also visit http://www.avensyscorporation.com/.

Forward-Looking Statements:

Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

Use of Non-GAAP Financial Measures

The Company provides non-GAAP financial measures, such as adjusted EBITDA, to complement its consolidated financial statements presented in accordance with GAAP. Non-GAAP financial measures do not have any standardized definition and, therefore, are unlikely to be comparable to similar measures presented by other reporting companies. These non-GAAP financial measures are intended to supplement the user's overall understanding of the Company's current financial and operating performance and its prospects for the future. Specifically, the Company believes the non-GAAP results provide useful information to both management and investors by identifying certain expenses, gains and losses that, when excluded from the GAAP results, may provide additional understanding of the Company's core operating results or business performance, which management uses to evaluate financial performance for purposes of planning for future periods. However, these non-GAAP financial measures are not intended to supersede or replace the Company's GAAP results.

The company uses adjusted EBITDA (earnings before interest, taxes, depreciation and amortization, adjusted for debentures and preferred shares accretion, and changes in fair value of derivative instruments) as a non-GAAP financial measure in this press release. A reconciliation of EBITDA to the operating loss for the third quarter of 2008 is as follows:

Adjusted EBITDA (Expressed in thousands of US Dollars) For the Three For the Nine Months Ended Months Ended March 31, March 31, 2008 2007 2008 2007 $ $ $ $ Net Income (Loss) (274) 32 (2,835) (1,658) Plus Interest expense, net 83 192 552 564 Depreciation and amortization 323 257 940 774 Loss on redemption of convertible debentures - - 1,423 - Debentures and preferred shares accretion 234 588 679 1,981 Change in fair value of derivative financial instruments 97 (676) (242) (1,663) Income Tax Benefit (275) (328) (869) (857) Adjusted EBITDA (Loss) 188 65 (352) (859) Condensed Financial Statements Interim Consolidated Statements of Operations - Unaudited (Expressed in thousands of U.S. Dollars, except for per share amounts) For the Three Months Ended March 31, 2008 2007 $ $ Revenue 5,780,795 4,428,989 Cost of Revenue 3,774,855 2,833,282 Gross Margin 2,005,940 1,595,707 Operating Expenses Depreciation and amortization 222,350 180,203 Selling, general and administration 1,676,049 1,275,013 Research and development 643,452 403,793 Total Operating Expenses 2,541,851 1,859,009 Loss from Operations (535,911) (263,302) Other Income (Expenses) (358,846) (107,783) Income Tax Benefit - Refundable tax credits 274,922 328,168 Non-Controlling Interest 86 (440) Results of Discontinued Operations 345,970 75,424 Net Income (Loss) (273,779) 32,067 Net Loss per share - Basic and Diluted (0.01) (0.00) Weighted Average Common Shares Outstanding 98,290,264 81,304,000 Interim Consolidated Balance Sheets - Unaudited (Expressed in thousands of U.S. Dollars) March 31, June 30, 2008 2007 $ $ ASSETS Current Assets 9,232,389 7,346,722 Property and equipment, net 2,495,938 2,279,973 Intangible assets 3,790,548 3,967,213 Goodwill 4,709,417 4,116,872 Deferred financing costs 418,501 376,794 Deposits 101,081 105,915 Total Assets 20,747,874 18,193,489 LIABILITIES AND STOCKHOLDERS' EQUITY Total Current Liabilities 7,898,391 6,749,921 Long-term debt, less current portion 170,617 174,412 Convertible debentures 1,132,045 1,275,458 Balance of purchase price payable 1,580,545 1,194,096 Derivative financial instruments 2,058,234 64,510 Total Liabilities 12,839,832 9,458,397 Non-controlling Interest 8,038 23,193 Total Stockholders' Equity 7,900,004 8,711,899 Total Liabilities and Stockholders' Equity 20,747,874 18,193,489

Avensys Corporation

CONTACT: Ms. Marie-Annick Riel, Avensys Corporation, +1-877-904-6030

Web site: http://www.avensystech.com/
http://www.avensyssolutions.com/
http://www.avensyscorporation.com/

bioMETRX, Inc. Announces Former Sequiam Executives Join Company

JERICHO, N.Y., May 14 /PRNewswire-FirstCall/ -- bioMETRX, Inc. (BULLETIN BOARD: BMRX) announced today that several key executives from the former Sequiam Corporation will be working with the company in various roles. Most significantly, former CEO Chris Barrow and former Chief Biometric Officer and President Kevin Henderson will work with bioMETRX to offer continuation to customers.

"We have been working closely with Chris and Kevin for several weeks as they transition from the former Sequiam Corporation. Chris and Kevin were instrumental in securing and maintaining many key relationships for Sequiam including Fujitsu, Black & Decker and The Sharper Image. We expect our company to experience an immediate positive impact through these additions", noted Lorraine Yarde, COO at bioMETRX.

Chris Barrow recently held positions as Sequiam's COO and CEO; responsible for Sequiam's global operations and long-term strategic development. Chris has a successful track record of building sales organizations and leading business development and marketing initiatives for technology companies. Mr. Barrow will work closely with the CEO and COO to continue such efforts on behalf of bioMETRX.

Kevin Henderson, V.P. of Business Development at bioMETRX will work closely with the COO in defining and pursuing business opportunities for the company. Kevin comes to the company from the position of Chief Biometric Officer and President of Sequiam Biometrics. At Sequiam, Kevin was responsible for the day-to-day operations, product development, manufacturing and integration. Mr. Henderson has developed numerous biometric, smart card and software products and operated a large IT firm in Houston, Texas. Kevin has been a NASA contractor for 12 years. Kevin has also held the positions of US Territorial Representative for Inmos Semiconductor, President of Bioidentix, Inc., and CTO of the PAR Worldwide group. He has also appeared as guest host on the syndicated radio shows such as 'CPU' for NBC radio.

About bioMETRX, Inc.

bioMETRX, Inc. is rapidly emerging as the leader in designing and bringing to market, practical, secure, everyday consumer biometric products for the garage door, door hardware, HVAC, home security, PC, automotive and portable lock markets. Utilizing its proprietary technology, the "powered by smartTOUCH(TM)" platform, bioMETRX has developed an entire family of products so smart, they recognize you. bioMETRX' patented products and OEM solutions simplify the way we work and live. The company's product line is branded under the protected trade name smartTOUCH(TM). For more information, please visit http://www.biometrx.net/

Safe Harbor Statement: Forward-looking statements in this release with respect to bioMETRX' business, financial condition and results of operations, as well as matters of timing and the prospective terms of the transaction described are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond bioMETRX's control with respect to market acceptance of their technology and/or products, whether financing will be available, the effect of the application of acquisition accounting policies as well as certain other risk factors which are and may be detailed from time to time in bioMETRX's filings with the Securities and Exchange Commission.

Website: http://www.biometrx.net/

bioMETRX, Inc.

CONTACT: Lorraine Yarde, COO, of bioMETRX, Inc., +1-516-937-2828,
lyarde@biometrx.net

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

V2K International Announces Second Quarter Results

LAKEWOOD, Colo., May 14 /PRNewswire-FirstCall/ -- V2K International, Inc. (BULLETIN BOARD: VTOK) announced today a loss of $119,420 for its fiscal 2008 second quarter ended March 31, 2008. This represents a 65% reduction in losses from the fiscal 2008 first quarter ended December 31, 2007 loss of $338,048, and a 48% reduction in losses from the fiscal 2007 second quarter ended March 31, 2007 loss of $228,523. Total revenue for the fiscal 2008 quarter ended March 31, 2008 was $1,751,948.

"The numbers obviously reflect a good, positive trend," said Vic Yosha, President and CEO of V2K. "The cost reduction program we implemented in January has been effective, and as our 3D Decor Creator software has matured our research and development expenses have also decreased substantially. R&D expense was down 33% in our fiscal 2008 second quarter compared to the same period a year ago. Additionally, with the launch of our kiosk marketing program generating increased revenues, we are forecasting a break-even third quarter and a profitable fourth quarter."

V2K commenced its kiosk marketing program with a major big box retailer with recent installations at sites in Tampa, Florida and Denver, Colorado. The roll out with this particular retailer is expected to continue during the spring and summer, with an additional 25 kiosks to be installed at various locations throughout the United States. The unmanned kiosks have live product custom window fashion samples and a consumer video presentation. The leads generated by the kiosks will be distributed to one of the roughly 180 V2K Window Decor and More franchises who will provide the infrastructure for order fulfillment. V2K has conservatively estimated that each kiosk should generate approximately $6,000 of sales per month.

"A successful kiosk program should accelerate new franchise sales, which will in turn grow the 'footprint' of the company, which in turn should lead to more kiosk locations. At some point the whole thing becomes a self-perpetuating phenomenon," said Yosha.

About V2K International, Inc.

Through its wholly owned subsidiary, V2K Technology, V2K develops and licenses proprietary software that is designed to be used in the commercial and home decor markets. Almost anything can be done to the interior of a room utilizing its software. In a three dimensional view, where everything is 100% to scale, the user can add, adjust, color and texture walls, windows, doors, ceilings and floors, and then drag and drop items from a library of products into the scene. V2K Technology licenses a version of the software for custom window treatments to another wholly-owned subsidiary, V2K Window Fashions, which operates the franchise system, V2K Window Decor & More. Using the technology as the centerpiece of a franchise offering, V2K Window Fashions sells and supports franchises in the window fashion industry. V2K currently has approximately 180 franchisees operating in the United States, Canada and Aruba.

Forward Looking Statement Notice: This press release includes "forward-looking statements" as defined by the Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company and may not materialize. Investors are cautioned that any such statements are not guarantees of future performance. The contents of this release should be considered in conjunction with the warnings, risk factors and cautionary statements contained in the company's recent filings with the SEC, including its Quarterly Report on Form 10-Q. Furthermore, the company does not intend (and is not obligated) to update publicly any forward-looking statements, except as required by law.

V2K International, Inc.

CONTACT: Randy Sasaki, President of Trout Trading Company,
+1-303-671-0270, rsasaki@consultant.com

Linktone to Announce First Quarter 2008 Financial Results on May 22

BEIJING, May 14 /Xinhua-PRNewswire/ -- Linktone Ltd. , a leading provider of wireless interactive entertainment products and services to consumers in China, today announced that it will report financial results for the first quarter ended March 31, 2008 after the U.S. equities markets close on Thursday, May 22, 2008.

Linktone will host a conference call to discuss its first quarter 2008 financial results at 8:00 p.m. Eastern Time on May 22, 2008 (5:00 p.m. Pacific Time on May 22, 2008 and 8:00 a.m. Beijing/Hong Kong Time on May 23, 2008). The dial-in number for the call is 800-240-2134 for U.S. callers and 303-262-2054 for international callers. Chief Executive Officer Michael Li and Chief Financial Officer Jimmy Lai will be on the call to discuss the quarterly results and highlights and to answer questions from participants. A replay of the call will be available through June 5, 2008. To access the replay, U.S. callers should dial 800-405-2236 and enter passcode 11114363#; international callers should dial 303-590-3000 and enter the same passcode.

Additionally, a live webcast of this call will be available on the Linktone web site at http://english.linktone.com/aboutus/index.html . An archived replay of the call will be available for 90 days.

About Linktone Ltd.

Linktone Ltd. is one of the leading providers of wireless interactive entertainment services to consumers and advertising services to enterprises in China. Linktone provides a diverse portfolio of services to wireless consumers and corporate customers, with a particular focus on media, entertainment and communications. These services are promoted through the Company's and our partners' cross-media platform which merges traditional and new media marketing channels, and through the networks of the mobile operators in China. Through in-house development and alliances with international and local branded content partners, the Company develops, aggregates, and distributes innovative and engaging products to maximize the breadth, quality and diversity of its offerings.

For more information, please contact: Serena Shi Linktone Ltd. Tel: +86-10-5108-8686 x5001 Email: serena.shi@linktone.com Brandi Piacente The Piacente Group, Inc. Tel: +1-212-481-2050 Email: brandi@thepiacentegroup.com

Linktone Ltd.

CONTACT: Serena Shi of Linktone Ltd., +86-10-5108-8686 x5001, or
serena.shi@linktone.com; Brandi Piacente of The Piacente Group, Inc., +1-212-
481-2050, or brandi@thepiacentegroup.com, both for Linktone Ltd.

Web site: http://english.linktone.com/aboutus/index.html