Sharps Compliance Corp. Announces Results for Third Quarter of Fiscal Year 2008- Awarded second top ten pharmaceutical manufacturer program- Wins exclusive contract with national pharmacy chain and home healthcare company- Expands into Canada with retail and restaurant business

HOUSTON, May 15 /PRNewswire-FirstCall/ -- Sharps Compliance Corp. (BULLETIN BOARD: SCOM) ("Sharps" or the "Company"), a leading provider of cost-effective disposal solutions for small quantity generators of medical waste, today provided an update on its new contract awards and reported its financial results for the fiscal 2008 third quarter which ended March 31, 2008. Revenue was $2.9 million in the third quarter of fiscal 2008 which was essentially flat compared with the same period of the prior fiscal year.

Customer billings of $3.0 million for the fiscal 2008 third quarter were also flat compared with the prior fiscal year's third quarter billings. Year-over-year, growth in billings from the healthcare, professional and commercial markets were offset by decreased billings primarily in the hospitality and pharmaceutical sectors, as the first year of the Company's contract with its first pharmaceutical manufacturer was completed.

Dr. Burton J. Kunik, Chairman, Chief Executive Officer and President of Sharps Compliance, commented, "Although billings and sales were relatively flat in the third quarter, which is historically our slowest quarter, we made significant progress on a number of other fronts. Many of the opportunities we have been pursuing are now coming to fruition. We gained traction from the successful execution of our first Patient Support Program for a top ten pharmaceutical customer by providing our Sharps Disposal by Mail System(R) direct to its patients. We are very pleased to announce that we were awarded a Patient Support Program by a second top ten pharmaceutical manufacturer similar to our existing program. We expect the program to be launched by the end of the calendar year 2008. We have also entered into an exclusive agreement with a nationwide pharmacy chain to provide a wide range of our products and services. Our pipeline is full, and we expect the activity to enhance our growth in fiscal year 2009."

Increasing Market Penetration Recently Awarded Second Pharmaceutical Manufacturer Patient Support Program The Company was recently awarded its second major program with a globally-recognized, industry-leading pharmaceutical manufacturer. The details of the contract are expected to be finalized by June 30, 2008 with an anticipated initial launch of the program in the second half of calendar year 2008. The Patient Support Program is expected to include the direct fulfillment of the Sharps Disposal By Mail System(R) to the pharmaceutical manufacturers' patients, who will use the product to provide a convenient means of disposal for their self-injecting patients. Sharp's proprietary SharpsTracer(TM) system is used to track the return of the Sharps Disposal By Mail System(R) by the patient to the treatment facility, where the package is scanned and weighed prior to destruction. This data, managed in Sharps' proprietary SharpsTracer(TM) system, is electronically transmitted to the pharmaceutical manufacturer which assists them in monitoring drug usage and provides a touch point for individual patient follow-up. The Company believes its successful experience fulfilling products and services for its first contract with a top ten pharmaceutical manufacturer, as well as its fully-integrated capabilities, were differentiating factors leading to the award of this second program. Additional Pharmaceutical Manufacturer Opportunities In addition to the award of the second Patient Support Program, the Company is in discussions with several other nationally-recognized pharmaceutical manufacturers regarding the implementation of similar Patient Support Programs. The Company is also currently in discussions with its existing top ten pharmaceutical manufacturing customer regarding the renewal and expansion of its current Patient Support Program. National Pharmacy Chain and Home Healthcare Company Contract Sharps recently entered into an exclusive contract with one of the leading national pharmacy chains with over 6,000 locations, to sell its Sharps Disposal By Mail Systems(R), Biohazard Spill Clean-Up Kits, Asset Return System and Pitch-it(TM) IV poles. The products are expected to be utilized not only by the customer's in-store immunizing pharmacists, but also its home healthcare, specialty and mail order pharmacy divisions. The Company expects to see orders from the customer beginning in the fourth fiscal quarter ending June 30, 2008. The two-year contract includes provisions for automatic annual renewals. Canadian Expansion Sharps recently expanded into Canada with the initial sales of its Sharps Disposal By Mail System(R) and Sharps Secure(R) Needle Disposal System to a retail and restaurant chain with nationwide locations. In order to facilitate the disposal of returned products and in accordance with Canadian regulations, the Company entered into an agreement with a Canadian treatment facility permitted to dispose of medical waste in-country. Strategically, this opportunity affords the Company the opportunity to expand its North American presence without losing the focus of its resources on the many prospects in its U.S. pipeline. Biohazard Spill Clean-Up Kits The Company recently received two orders for its Biohazard Spill Clean-Up Kits that will be used by a national fast food chain, with over 13,000 locations in the country, as well as a major auto parts chain. The combined value of the initial orders is approximately $250,000 with shipment expected to be completed in the quarter ending June 30, 2008. The Company believes that re-order of the Biohazard Spill Clean-Up Kits for the national fast food chain could generate over $500,000 in annual billings. Sharps' Biohazard Spill Clean-Up Kit and Disposal System is a leading solution for easily and safely removing and disposing of blood and other bodily fluids. The spill-kits are currently sold through multiple channels including a major distributor to the hospitality market. Update on California Senate Bill 1305 and Other Municipal Programs California Senate Bill 1305 requires the proper disposal of home-generated sharps waste (syringes, needles, lancets, etc.) beginning September 1, 2008, and acknowledges mail-back programs as one of the most convenient alternatives for the collection and destruction of home-generated sharps. The law is designed to protect the general public and workers from potential exposure to contagious diseases as well as health and safety risks when improperly disposed biohazard waste enters the public waste stream. The Company's Sharps Disposal By Mail System(R) has been implemented as an integral part of the municipal waste programs of nineteen (19) cities and municipalities, sixteen (16) of which are in California, with eight (8) more municipal programs expected to be rolled out by June 30, 2008, and several others in the discussion and planning stages. Patients in participating municipalities receive a Sharps Disposal By Mail System(R) at local participating pharmacies by showing proof of residency. In additional to the municipal programs, the California legislation is having a positive impact on sales opportunities in virtually all markets, particularly pharmaceutical manufacturing and hospitality where the value proposition of the Sharps Disposal By Mail Systems(R) is viewed as an integral component to compliance with the state law. Third Quarter Operating Performance

For the three-month period ended March 31, 2008, gross margin was 39.0%, down from 41.9% in the third quarter of fiscal 2007. The reduction in gross margin was a result of increased costs, product and customer mix. Gross margin is expected to be about 42% for fiscal year 2008, ending June 30, 2008.

Selling, general and administrative (SG&A) expenses were $1.2 million in the third quarter of fiscal 2008 compared with $953 thousand in the same period of the prior year and $1.2 million in the second quarter of fiscal 2008. The year-over-year increase in SG&A expense was a result of higher sales and marketing expenses, facilities rent expense, as well as expenses related to investor relations activities. SG&A is expected to be approximately $4.6 million for fiscal year 2008, exclusive of any non-cash stock-based compensation expense (SFAS 123R).

For the three months ended March 31, 2008, net loss was $84 thousand, or $0.01 per diluted share, compared with net income of $82 thousand, or $0.01 per diluted share, in the third quarter of fiscal 2007.

Nine-Month Review

For the nine-month period ended March 31, 2008, revenue was $10.1 million, an 11% increase compared with revenue of $9.1 million in the first nine months of fiscal 2007. Customer billings for the same period were $10.4 million in fiscal 2008 and $9.3 million in fiscal 2007, an increase of 12%. The Company expects customer billing of approximately $14 million for fiscal year 2008, an increase of 14% over the prior fiscal year.

Gross margin for the first nine months of fiscal 2008 was 41.5% compared with 42.7% for the same period of the prior year due to product mix. SG&A for the first nine months of fiscal 2008 was $3.5 million compared with $2.8 million in the same period of the prior fiscal year. Higher sales and marketing expenses, non-cash stock-based compensation expense, recruiting fees, facilities rent expenses and expenses related to investor relations activities contributed to the increase.

For the nine month period ended March 31, 2008, net income was $538 thousand, or $0.04 per share, a decrease compared with net income of $795 thousand, or $0.07 per diluted share, in the first nine months of fiscal 2007. Diluted earnings per share were adversely affected by a significant increase in the diluted shares outstanding as a result of stock options exercised.

Liquidity and Balance Sheet Strength

Cash and cash equivalents were $2.2 million at March 31, 2008, down from $2.7 million at December 31, 2007 and up from $2.1 million at June 30, 2007. The reduction in cash from year end was due primarily to the purchase of the disposal facility in Carthage, Texas during the quarter ended March 31, 2008. At March 31, 2008, stockholders' equity and total assets were $3.3 million and $5.6 million, respectively, up from $2.2 million and $4.7 million at June 30, 2007, respectively. Although, Sharps maintains a $2.5 million line of credit with JPMorgan Chase, no amounts were outstanding at March 31, 2008. The line of credit is available to finance working capital, expansion and/or potential acquisition opportunities.

Outlook

Dr. Kunik concluded, "We expect a number of our recent sales wins to contribute to billings growth in fiscal year 2009. Our top-line should also grow appreciably as we implement programs and opportunities in the sales pipeline. We have continued to upgrade our sales and marketing team with the addition of key personnel who bring expertise in the facilitation and negotiation of the larger, nationwide deals that we have been pursuing. And, we have been measurably expanding our operational management and infrastructure to effectively respond to the anticipated increase in demand for our products and services.

"From a longer term perspective, we are actively supporting legislation efforts on the local, state and national levels mandating the safe disposal of sharps waste. We are engaged in discussion with several national insurance companies regarding the potential reimbursement of our mail-back product. This would be another significant step in the recognition and education of the public in the importance of the proper disposal of used syringes."

Third Quarter 2008 Webcast and Conference Call

The Company will host a teleconference today beginning at 3:00 p.m. Eastern Time. During the teleconference, Dr. Burton J. Kunik, Chairman, Chief Executive Officer and President, and David P. Tusa, Executive Vice President and Chief Financial Officer, will review the financial and operating results for the period and discuss Sharps' corporate strategy and outlook. A question-and-answer session will follow.

The Sharps conference call may be accessed the following ways: -- The live webcast may be found at http://www.sharpsinc.com/. Participants should go to the website 10 - 15 minutes prior to the scheduled conference in order to register and download any necessary audio software. Webcast listeners will have the opportunity to submit questions to the speakers (verbal or via e-mail). Select questions will be summarized and addressed during the question-and-answer portion of the call. -- The teleconference may also be accessed by dialing (201) 689-8560 and requesting conference ID number 284628 approximately 5 - 10 minutes prior to the call. To listen to the archived call: -- The archived webcast will be at http://www.sharpsinc.com/. A transcript will also be posted once available. -- A replay may also be heard by calling (201) 612-7415, and entering account number 3055 and conference ID number 284628.

The telephonic replay will be available from 6:00 p.m. Eastern Time the day of the teleconference until 11:59 p.m. Eastern Time on May 22, 2008.

About Sharps Compliance Corp.

Headquartered in Houston, Texas, Sharps Compliance is a leading provider of cost-effective disposal solutions for small quantity generators of medical waste. The Company's flagship product, the Sharps Disposal by Mail System(R), is a cost-effective and easy-to-use solution to dispose of medical waste such as hypodermic needles, lancets and any other medical device or objects used to puncture or lacerate the skin (referred to as "sharps"). The Company also offers a number of products specifically designed for the home healthcare market. Sharps Compliance focuses on targeted growth markets such as the pharmaceutical, retail, healthcare, commercial, professional and hospitality markets, as well as serving a variety of additional markets. Sharps is a leading proponent and participant in the development of public awareness and solutions for the safe disposal of needles, syringes and other sharps in the community setting.

As a fully integrated manufacturer providing customer solutions and services, Sharps Compliance's solid business model, with strong margins and significant operating leverage, and early penetration into emerging markets, uniquely positions the company for strong future growth.

More information on Sharps Compliance can be found on its website at: http://www.sharpsinc.com/.

Safe Harbor Statement

The information made available in this press release contains certain forward-looking statements which reflect Sharps Compliance Corp.'s current view of future events and financial performance. Wherever used, the words "estimate", "expect", "plan", "anticipate", "believe", "may" and similar expressions identify forward-looking statements. Any such forward-looking statements are subject to risks and uncertainties and the company's future results of operations could differ materially from historical results or current expectations. Some of these risks include, without limitation, the company's ability to educate its customers, development of public awareness programs to educate the identified consumer, customer preferences, the Company's ability to scale the business and manage its growth, the degree of success the Company has at gaining more large customer contracts, managing regulatory compliance and/or other factors that may be described in the company's annual report on Form 10-KSB, quarterly reports on Form 10-QSB and/or other filings with the Securities and Exchange Commission. Future economic and industry trends that could potentially impact revenues and profitability are difficult to predict. The company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results express or implied therein will not be realized.

For more information contact: - OR - David P. Tusa Tammy Poblete Executive Vice President, Kei Advisors LLC Chief Financial Officer & Investor Relations Business Development Phone: (713) 660-3514 Phone: (716) 843-3853 Email: dtusa@sharpsinc.com Email: tpoblete@keiadvisors.com FINANCIAL TABLES FOLLOW. SHARPS COMPLIANCE CORP. AND SUBSIDIARIES Condensed Consolidated Statements of Income (Loss) (unaudited) Three-Months Ended Nine-Months Ended March 31, March 31, % % 2008 2007 Change 2008 2007 Change (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue $2,927,700 $2,893,651 1.2% $10,069,614 $9,066,312 11.1% Cost of revenue 1,786,892 1,681,437 6.3% 5,890,095 5,194,825 13.4% Gross profit 1,140,808 1,212,214 (5.9%) 4,179,519 3,871,487 8.0% Gross margin 39.0% 41.9% (7.0%) 41.5% 42.7% (2.8%) SG&A expense 1,174,449 952,608 23.3% 3,514,876 2,831,152 24.2% Special charge - 138,000 (100.0%) - 138,000 (100.0%) Depreciation and amortiz- ation 69,684 52,313 33.2% 193,301 142,002 36.1% Operating income (loss) (103,325) 69,293 (249.1%) 471,342 760,333 (38.0%) Operating margin (3.5%) 2.4% (247.4%) 4.7% 8.4% (44.2%) Other income 21,065 15,811 73,461 55,601 Net income (loss) before income taxes (82,260) $85,104 (196.7%) $544,803 $815,934 (33.2%) Income taxes (1,329) (3,134) (6,884) (21,180) Net income (loss) (83,589) $81,970 (202.0%) $537,919 $794,754 (32.3%) Net income (loss) per share Basic (0.01) $0.01 $0.04 $0.07 Diluted (0.01) $0.01 $0.04 $0.07 Weighted Average Shares Outstanding Basic 12,478,315 11,552,360 12,231,333 10,918,402 Diluted 12,478,315 13,395,644 13,515,878 11,971,720 SHARPS COMPLIANCE CORP. AND SUBSIDIARIES Condensed Consolidated Balance Sheet 3/31/2008 6/30/2007 (Unaudited) ASSETS: Current assets: Cash and cash equivalents $2,212,359 $2,134,152 Restricted cash 10,010 10,010 Accounts receivable, net 1,261,729 1,330,731 Inventory 529,995 364,005 Prepaid and other assets 206,947 186,101 Total current assets 4,221,040 4,024,999 Property and equipment, net 1,206,300 590,567 Intangible assets, net 125,570 75,002 Total assets $5,552,910 $4,690,568 LIABILITIES AND STOCKHOLDERS' EQUITY: Current liabilities: Accounts payable $490,449 $557,302 Accrued liabilities 222,451 613,851 Current portion of deferred revenue 1,040,338 883,678 Current maturities of capital lease obligations - 1,809 Total current liabilities 1,753,238 2,056,640 Long-term deferred revenue 524,462 392,803 Other - 72,000 Total liabilities 2,277,700 2,521,443 Stockholders' Equity: Total stockholders' equity 3,275,210 2,169,125 Total liabilities and stockholders' equity $5,552,910 $4,690,568 SHARPS COMPLIANCE CORP. AND SUBSIDIARIES Supplemental Customer Billing and Revenue Information (unaudited) Three-Months Ended March 31, 2008 %Total 2007 %Change BILLINGS BY MARKET: Health Care $1,734,401 57.7% $1,650,912 5.1% Pharmaceutical 413,296 13.7% 450,678 (8.3%) Hospitality 244,377 8.1% 330,403 (26.0%) Professional 190,433 6.3% 157,706 20.8% Commercial 136,796 4.5% 100,882 35.6% ProTec 106,920 3.6% 93,424 14.4% Agriculture 96,848 3.2% 98,073 (1.2%) Retail 43,951 1.5% 49,413 (11.1%) Other 22,863 0.8% 23,056 (0.8%) Government 17,759 0.6% 43,158 (58.9%) Subtotal 3,007,644 100.0% 2,997,705 0.3% GAAP Adjustment * (79,944) (104,054) (23.2%) Revenue Reported 2,927,700 2,893,651 1.2% Nine-Months Ended March 31, 2008 %Total 2007 %Change BILLINGS BY MARKET: Health Care $5,629,418 54.2% $5,367,774 4.9% Pharmaceutical 869,579 8.4% 507,611 71.3% Hospitality 914,391 8.8% 638,320 43.2% Professional 529,934 5.1% 432,758 22.5% Commercial 413,044 4.0% 417,736 (1.1%) ProTec 348,443 3.4% 311,497 11.9% Agriculture 363,846 3.5% 439,978 (17.3%) Retail 1,044,502 10.1% 921,265 13.4% Other 107,136 1.0% 103,888 3.1% Government 158,910 1.5% 148,324 7.1% Subtotal 10,379,203 100.0% 9,289,151 11.7% GAAP Adjustment * (309,589) (222,839) 38.9% Revenue Reported 10,069,614 9,066,312 11.1% * Represents the net impact of the revenue recognition adjustments to arrive at reported GAAP revenue. Customer billings include all invoiced amounts for products shipped during the period reported. GAAP revenue includes customer billings as well as numerous adjustments necessary to reflect, (i) the deferral of a portion of current period sales and (ii) recognition of certain revenue associated with product returned for treatment and destruction. The difference between customer billings and GAAP revenue is reflected in the Company's balance sheet as deferred revenue.

Sharps Compliance Corp.

CONTACT: David P. Tusa, Executive Vice President, Chief Financial
Officer & Business Development of Sharps Compliance Corp., +1-713-660-3514,
dtusa@sharpsinc.com; or Tammy Poblete of Kei Advisors LLC, Investor Relations,
+1-716-843-3853, tpoblete@keiadvisors.com, for Sharps Compliance Corp.

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

Southern Company, National Fish and Wildlife Foundation Award New Conservation Grants

ATLANTA, May 15 /PRNewswire-FirstCall/ -- Southern Company and the National Fish and Wildlife Foundation today announced that seven additional grants have been awarded to conservation and natural resource agencies through the Power of Flight and Longleaf Legacy partnership programs.

"The grants will help these respected organizations continue their efforts to restore bird populations and longleaf pine habitats in the Southeast," said Chris Hobson, Southern Company's senior vice president for research and environmental affairs. "Southern Company is pleased to provide these grants through its continued partnership with the National Fish and Wildlife Foundation."

Since 2002, Southern Company and the National Fish and Wildlife Foundation have contributed almost $7 million through 76 grants to the Power of Flight and Longleaf Legacy programs. In addition, grant recipients have contributed more than $39 million in matching funds, resulting in an on-the-ground conservation impact of more than $46 million since the program's inception.

"The vision and leadership of Southern Company in initiating and inspiring such a broad and diverse conservation partnership is simply incredible, and the National Fish and Wildlife Foundation is proud to have been a part of their success," said Jeff Trandahl, National Fish and Wildlife Foundation's executive director. "The achievements in bird conservation and longleaf pine restoration that have resulted across the Southeastern United States are truly impressive."

Through these two programs, more than 150,000 acres of critical habitat on public and private lands, including 25,000 acres of longleaf pines, will be restored or enhanced to the benefit of bird populations across the Southeast.

Four grants were awarded under the Power of Flight program: -- Milliken Forestry Company - to accelerate translocation efforts for the red-cockaded woodpecker over the next five years. Funds will support a biologist on the Apalachicola National Forest in Florida who will monitor potential donor families, with the goal of increasing from 20 to 40 the number of woodpeckers available for translocation each year. This is a continuation of a grant formerly made to the U.S. Fish & Wildlife Service over several years. -- Operation Migration USA - to increase the number of whooping cranes led South each year by ultralight aircraft from Necedah National Wildlife Refuge in Wisconsin to the Chassahowitzka National Wildlife Refuge in Florida. This three-year grant will help increase the number of birds released annually to 24, with the goal of helping the flock reach a self-sustaining population level in four to five years. -- Atlanta Audubon Society - to develop a Georgia Important Bird Area conservation program to benefit American oystercatchers, red knots, and loggerhead shrikes. The program will help implement management techniques and involve local volunteers to improve habitat and increase species numbers at Joe Kurz Wildlife Management Area and along the Georgia coast. -- Tall Timbers Research Station - to help develop a spatially explicit conservation plan for northern bobwhite quail and other early successional species for Mississippi, Alabama, Georgia, and Florida. Workshops involving key agencies and organizations will be held to identify and prioritize landscapes that can serve as core recovery areas. Outcomes of the workshops will form the basis for revising the Northern Bobwhite Conservation Initiative, a 22-state recovery plan. Three grants were awarded under the Longleaf Legacy Program: -- U.S. Fish and Wildlife Service (Cahaba River NWR) - to restore longleaf pine on 325 acres and plant 130,000 longleaf seedlings in the Cahaba River National Wildlife Refuge in Alabama. Restored longleaf forests will be connected to two additional refuge restoration areas to the south, including a tract that was replanted through a previous Longleaf Legacy grant in 2004. -- The Nature Conservancy, Florida - to restore 300 acres of longleaf and enhance an additional 260 acres of groundcover habitat along the lower Perdido River. A total of 90,000 longleaf seedlings will be planted over a four-year period. The Perdido River Nature Preserve comprises more than 2,300 acres of land and is part of corridor of protected lands along both sides of the Perdido River. This project builds on a 2004 grant award that restored 168 acres of longleaf on this preserve. -- Georgia Department of Natural Resources - to support conservation and restoration of 8,430 acres of longleaf habitat and the planting of more than 2 million trees in Southwest Georgia. This project will benefit red-cockaded woodpecker and other species dependent on the longleaf ecosystem, as well as numerous isolated wetlands and other forested wetland habitats. The property will be protected in perpetuity as a State Heritage Preserve, and managed as a Wildlife Management Area.

Visit http://www.southerncompany.com/planetpower to view fact sheets on the Power of Flight and Longleaf Legacy programs or to see a complete listing of awards granted.

A nonprofit established by Congress in 1984, The National Fish and Wildlife Foundation (NFWF) sustains, restores and enhances the nation's fish, wildlife, plants and habitats. Through leadership conservation investments with public and private partners, NFWF is dedicated to achieving maximum conservation impact by developing and applying best practices and innovative methods for measurable outcomes. Since its establishment, the Foundation has awarded nearly 9,500 grants to over 3,000 organizations in the United States and abroad and leveraged -- with its partners -- more than $400 million in federal funds, for a total of over $1.3 billion for conservation. NFWF is recognized by Charity Navigator with a 4-star rating for efficiency and effectiveness. Ninety-five cents of every dollar contributed to NFWF is directed to on-the-ground efforts, with three cents supporting management and administration of the NFWF's multi-million dollar grants program and two cents funding partnership developments and fundraising.

With nearly 4.4 million customers and more than 42,000 megawatts of generating capacity, Atlanta-based Southern Company is the premier energy company serving the Southeast, one of America's fastest-growing regions. A leading U.S. producer of electricity, Southern Company owns electric utilities in four states and a growing competitive generation company, as well as fiber optics and wireless communications. Southern Company brands are known for excellent customer service, high reliability and retail electric prices that are significantly below the national average. Southern Company has been listed the top ranking U.S. electric service provider in customer satisfaction for eight consecutive years by the American Customer Satisfaction Index (ACSI). Visit our Web site at http://www.southerncompany.com/.

Southern Company

CONTACT: Mike Tyndall, +1-404-506-5333 or +1-866-506-5333,
media@southerncompany.com

Web site: http://www.southerncompany.com/
http://www.southerncompany.com/planetpower

AT&T 'Ringtone A-List' Takes Fans Inside the Wireless Phones of Their Favorite CelebritiesNew Web Site From AT&T Unveils the Ringtones Found on Celebrity Phones; Gives Fans the Opportunity to Customize Their Device Like an A-List Star

SAN ANTONIO, May 15 /PRNewswire-FirstCall/ -- Ever wonder which ringtones alert your favorite celebrities to a call from mom or management?

AT&T Inc. announced today the launch of the 'Ringtone A-List' (http://www.att.com/ringtonealist), a hot new Web site that unveils the sounds found on the wireless phones of today's top stars. From Lauren Conrad, Whitney Port and Audrina Patridge of MTV's hit reality show "The Hills" to Panic at the Disco members to champion professional bull rider Justin McBride, the AT&T Ringtone A-List is the only place that fans will be able to learn which songs are blowin' up the wireless phones of their favorite celebs.

"We are excited to be able to bring fans the opportunity to find out, listen to and even purchase the ringtones found on the wireless phones of today's hottest actors, musicians and athletes," said Rob Hyatt, executive director of Premium Content for AT&T's wireless operations. "For us, the Ringtone A-list is just one more way that we're able to connect people to their world."

Each month, the Ringtone A-List will feature a selection of stars from TV, film, music and sports. Fans will have the opportunity to learn which tones each celebrity has downloaded to his or her wireless phone, preview an audio clip and, if they wish, purchase(1) the tone directly from the Web site.

Featured talent, which will be updated monthly, has included members of Panic at the Disco, Webbie, James Otto and Justin McBride. May's featured celebrities consist of Conrad, Patridge and Port from "The Hills," Grammy-nominated singer, songwriter and actor Mario and international pop vocalist Leona Lewis. Fans can visit http://www.att.com/ringtonealist to see what all the buzz is about.

(1) Taxes may apply. MEdia(TM) Net service from AT&T is required to download this content. About AT&T

AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked No. 1 on Fortune magazine's World's Most Admired Telecommunications Company list and No. 1 on America's Most Admired Telecommunications Company list. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.

(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.

Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.

AT&T Inc.

CONTACT: Lauren Butler of AT&T Inc., +1-404-236-6152, lb0426@att.com

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

ShopLocal Retail Index Reveals Shoppers Increasingly 'Windowshopping' OnlineCost-Conscious Grocery and Home Improvement Shoppers Drive ShopLocal Index up 30% in April as Retailers Pump up Promotions

CHICAGO, May 15 /PRNewswire/ -- ShopLocal, the leader in multi-channel shopping and marketing services, today announced that the ShopLocal Retail Index (http://www.aboutshoplocal.com/research_shoplocal_index.html) was up 30 percent for the month of April compared with the same period last year. The Index registered 188 for the month* (benchmarked at 100 for January 2006), and is based on 265 million page views from 21 million consumer visits to retailer sites.

According to a recent ShopLocal survey, shoppers are becoming increasingly discriminating about what they buy. The number of shoppers purchasing an additional item with the specific product they searched for is down nine percent from last year. Shoppers who do visit online weekly circulars, however, remain motivated buyers. Eighty-three percent of those who visit online retailer circulars purchase within three weeks, according to the survey. Of these purchases, eighty-six percent occur in-store and fourteen percent online.

"In aggregate, shoppers visit ShopLocal's network of retailer sites in excess of 20 million times each month so we have good insight into shopper behavior," said Vikram Sharma, CEO of ShopLocal. "It's clear that saving money on 'everyday needs' such as groceries is top of mind with today's shoppers. However, they continue to be receptive to good deals in more 'nice to have' categories such as consumer electronics."

April 2008 ShopLocal Index highlights include: o The ShopLocal Index is up 30 percent in April year-over-year, with 265 million page views, versus 204 million last year. o Consumer page views per visit on a per retailer basis averaged 12.8 for the month of April (adjusted)*, at a non-holiday high for the second straight month, representing strong growth of 10 percent from last year. This further highlights the increased level of diligence on the part of shoppers looking for deals. o The food and drug category increased by 44 percent as shoppers looked for deals in the wake of rising food and gas prices. o Though the department store and mass merchant category in the ShopLocal Index posted a 29 percent increase in April 2008, this was significantly lower than last month's 80 percent growth. o Consumer electronics and office supplies grew 22 percent in April versus last year, but this was much lower than last month's 42 percent growth. o The home and garden category finally rebounded with a 41 percent growth, after a long and harsh winter in many parts of the country.

The ShopLocal Index is the advertising industry's first market indicator designed to track the influence of the Internet on in-store shopping. Updated monthly, the Index is based on the online activity of an average of 20 million monthly consumer visits to store promotions that are presented on the sites of 50 major U.S. retailers, including such notable retailers as JCPenney, Best Buy, Walgreens and Home Depot. These retailers cover all major retail segments including computers, consumer electronics, office supplies, home improvement, department stores, mass merchants, grocery, drug and various specialty stores. Their online circular sites are powered by ShopLocal's SmartCircular technology.

* Note: April is adjusted for one less Sunday in 2008 and an early Easter. About ShopLocal

ShopLocal, the leader in multi-channel shopping and advertising services, offers a complete suite of innovative solutions that connect advertisers and consumers -- online and in-store. ShopLocal's industry-leading SmartProduct business solutions (SmartCircular, SmartMedia, SmartDelivery and SmartCatalog) enable more than one hundred of the nation's top retailers, including Target, Best Buy, Home Depot, CVS, Albertsons and Sears, to deliver highly interactive, targeted and localized promotions to shoppers via the Internet, mobile phones and any other digital environment.

The Company's consumer shopping site http://www.shoplocal.com/ is the Web's leading multi-channel comparison shopping site, providing consumers with choice and control in their shopping experience by presenting millions of timely online and in-store offers on one easy to use site. ShopLocal.com powers multi-channel shopping for hundreds of major newspapers, online yellow pages and shopping sites, including Los Angeles Times, Arizona Republic, Miami Herald, Superpages.com, Switchboard and Local.com. ShopLocal is owned by Gannett Co., Inc. , Tribune Company and The McClatchy Company . For more information, visit http://www.aboutshoplocal.com/.

ShopLocal, ShopLocal.com, SmartCircular, SmartCatalog, SmartMedia and SmartDelivery are trademarks of ShopLocal. Other company and product names may be trademarks of their respective owners.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Vikram Sharma https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=55894

ShopLocal

CONTACT: Marcy Dockery of ShopLocal, +1-312-768-7523,
mdockery@shoplocal.com

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

CoStar Showcase Launches With $1 Million in Presale Subscription OrdersNew Online Marketing Service and Free Property Search Enables Commercial Real Estate Professionals To Reach More Prospects and Generate More Leads from Their Online Property Listings

BETHESDA, Md., May 15 /PRNewswire-FirstCall/ -- CoStar Group, Inc. , the number one provider of commercial real estate information/marketing solutions, today announced the launch of CoStar Showcase(TM) (http://www.costar.com/), an online property marketing service designed to provide commercial real estate professionals a dynamic new channel for maximizing the visibility of their available office, retail, warehouse/industrial, multifamily, land and other commercial properties before a large audience of online prospects.

CoStar Showcase will harness the substantial and previously untapped web traffic generated at CoStar.com, which includes more than 1.3 million unique visitors each quarter, and additional traffic generated on Google(TM), Yahoo!(R) and other leading search engines, to create an all-new, high-impact online marketing service that enables commercial real estate professionals with available space for lease and property for sale to reach more prospects and generate more leads.

This new online marketing service from CoStar offers a number of advantages over other online property marketing services:

-- CoStar Showcase is the only major, online commercial property search tool that requires no search fees or registration. Visitors to http://www.costar.com/ can access this truly open service to search tens of thousands of for-lease and for-sale commercial property listings by location, available space, and rental rate or sale price range. -- Property listings marketed on CoStar Showcase will be exposed to an enormous online audience, including the 1.3 million unique visitors who go to http://www.costar.com/ each quarter, and thousands more expected through keyword linking strategies with Google, Yahoo, and other major search engines. -- Only property listings from commercial real estate professionals will be allowed on CoStar Showcase, in an effort to assure that all listings are active and available as advertised. Each listing includes the listing broker's telephone number and email address. -- All listing information on CoStar Showcase is taken directly from CoStar's comprehensive commercial property database, updated by the industry's largest and most respected research service. CoStar will make every effort to ensure the listing information is accurate, up to-date and free from mislabeled, outdated or "dead" listings that clutter other online property search services. It also makes posting listings a simple process, with no text to be keyed in, images uploaded or other time-consuming tasks.

"CoStar Showcase offers a true competitive advantage for commercial real estate professionals who want to gain additional valuable exposure for their available property listings by reaching more prospects and generating more leads online," said Andrew C. Florance, CoStar Group Founder and CEO. "After more than 20 years building our business by helping commercial real estate professionals use technology to market their listings more effectively, I believe CoStar is uniquely positioned to offer a better way to help our thousands of subscribers present their listings to a vast audience of highly qualified prospects."

Clients have responded enthusiastically to the new service, recognizing the numerous advantages it offers for marketing their listings online. As a result, CoStar has signed more than $1 million in presale subscriptions for CoStar Showcase, including subscriptions with more than 100 commercial brokerage firms across the country. These contracts include a trial period and an option to cancel, but based on the response received to date, CoStar believes CoStar Showcase to be a very compelling and effective solution for those interested in marketing their listings online.

CoStar will be officially presenting CoStar Showcase at next week's International Council of Shopping Center's (ICSC) global retail real estate convention in Las Vegas, NV. Please visit CoStar exhibit booth # S1014 in the Trade Exhibition (South Hall.) Additional information on CoStar Showcase is available at http://www.costar.com/showcaseinfo. To learn more about how CoStar Showcase can present your commercial property listings to an even larger audience of online prospects, please speak with a CoStar Showcase product specialist at 1-877-726-7827.

About CoStar Group, Inc.

CoStar Group, Inc. is the number one provider of commercial real estate information/marketing solutions to commercial real estate professionals in the United States and United Kingdom. CoStar's suite of services offers customers access via the Internet to the most comprehensive database of commercial real estate information throughout the U.S. as well as in the United Kingdom and France. Headquartered in Bethesda, MD, the company has approximately 1,300 employees, including the largest professional research organization in the industry. For more information, visit http://www.costar.com/.

This news release includes "forward-looking statements" including, without limitation, statements regarding CoStar's expectations, beliefs, intentions or strategies regarding the future. These statements are subject to many risks and uncertainties that could cause actual results to differ materially from these statements. More information about potential factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, those stated in CoStar's filings from time to time with the Securities and Exchange Commission, including CoStar's Form 10-K for the year ended December 31, 2007 and CoStar's Form 10-Q for the quarter ended March 31, 2008, under the heading "Risk Factors." In addition to these statements, there can be no assurance that CoStar Showcase will enable commercial real estate professionals to reach more prospects and generate more leads from their online property listings; that CoStar Showcase will maximize visibility of commercial real estate professionals available office, retail, warehouse/industrial, multifamily, building sites and other commercial properties before a large audience of online prospects; that CoStar Showcase will harness the substantial and previously untapped web traffic generated at CoStar.com and additional traffic generated on Google, Yahoo and other leading search engines to create an all-new, high-impact online marketing service that enables commercial real estate professionals with available space for lease and property for sale to reach more prospects and generate more leads; that CoStar Showcase will offer a number of advantages over other online property marketing services; property listings marketed on CoStar Showcase will be exposed to an enormous online audience; that thousands of web visitors will be generated through keyword linking strategies with Google, Yahoo and other major search engines; that all listings on CoStar Showcase will be from commercial real estate professionals; that all listings on CoStar Showcase are active and available as advertised; that each listing will include the listing broker's telephone number and email address; that the listing information on CoStar Showcase is accurate, up-to-date and free from mislabeled, outdated or "dead" listings; that posting listings will be a simple process; that CoStar Showcase will be a true competitive advantage for commercial real estate professionals; that commercial real estate professionals will gain additional valuable exposure for their available property listings by reaching more prospects and generating more leads online; that CoStar is uniquely positioned to offer a better way to help our thousands of subscribers present their listings to a vast audience of highly qualified prospects; that the $1 million in presale subscriptions for CoStar Showcase will be maintained or that some or all of those subscriptions will not cancel that CoStar Showcase will be a very compelling and effective solution for those interested in marketing their listings online. All forward-looking statements are based on information available to CoStar on the date hereof, and CoStar assumes no obligation to update such statements.

CoStar Group, Inc.

CONTACT: Tim Trainor, Communications Director, +1-301-280-7695,
ttrainor@costar.com, or Daniel Kimball, Vice President, Marketing,
+1-301-718-4812, dkimball@costar.com

Web site: http://www.costar.com/
http://www.costar.com/showcaseinfo

The Quantum Group Announces Web-Based Portal for Physicians

WELLINGTON, Fla., May 15 /PRNewswire-FirstCall/ -- The Quantum Group, Inc. (http://www.quantummd.com/ ) announced today through its subsidiary, Renaissance Health Systems, Inc. (RHS), that it has recently deployed a web-based portal to centralize information pertaining to the top five (5) contracted HMOs of the Company, in a private and secure HIPAA compliant environment. In addition to providing a means for secure communication between RHS and the contracted physicians, the portal enables providers to more easily obtain and access authorizations and referrals, patient eligibility information, formularies, and other relevant information concerning affiliated HMOs.

Currently, 50% of provider requests are being processed through the Renaissance Provider Portal which continues to be developed and improved. The Company expects that by the end of the year, the portal will be integrated into the Quantum comprehensive health information platform announced in February 2008 and is now branded as PwER(sm) for Personalized Wellness Electronic Record.

This announcement reflects our continued commitment to quality and efficiencies in healthcare through the leveraging of technologies. President and CEO, Noel J. Guillama, commented, "This new portal developed internally, has streamlined communication among healthcare providers, reducing the chance of error, omission, and/or miscommunication and ultimately is contributing to a better patient experience."

Pete Martinez, Chief Technology and Innovations Officer, commented, "This is a fundamental element in our comprehensive innovations strategy for healthcare; it is one of the many solutions in our growing portfolio of services."

About The Quantum Group, Inc.

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

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

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

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

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

The Quantum Group, Inc.

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

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

ATVG Reports Second Quarter Fiscal 2008 Financial Results

BEIJING, May 15 /Xinhua-PRNewswire/ -- Asia Premium Television Group, Inc. (BULLETIN BOARD: ATVG) ("ATVG"), a China-based mobile community and marketing company, today reported its second quarter fiscal 2008 financial results.

For the second fiscal quarter ended March 31, 2008, ATVG reported gross revenue of US$120,094 and gross profit of US$120,094. The Company had no costs of goods sold. After all sales, marketing and other administrative expenses, the Company reported an operating loss of US$52,941. After taking into account other income, one-time gains, tax expenses and other adjustments including currency translations, the Company reported a net loss of US$52,738 or a net loss of $0.01 per outstanding share.

For the six months ended March 31, 2008, ATVG reported gross revenue of US$420,989 and gross profit of US$420, 989. The Company had no costs of goods sold. After all sales, marketing and other administrative expenses, the Company reported an operating profit of US$95,201. After taking into account other income, one-time gains, tax expenses and other adjustments including currency translations, the Company reported net income of US$95,950 or net income of $0.03 per outstanding share.

Investors are reminded that Company's financial results for the quarter ended March 31, 2008 relate only to ATVG's historical operations in marketing consulting. They do not include results from the Company's newly-acquired operations in mobile top-up and marketing services in Jiangxi Province (to launch in Q4 fiscal 2008).

In recent months, the Company has made steady progress with its new business in Jiangxi Province (population: 44 million), where it serves as a technology supplier and platform operator to its local operating partner. The Company is rolling out a mobile retail payment network of approximately 20,000 outlets and expects its mobile top up business to start contributing significant revenues by late August 2008, once all testing of the top-up technical platform has been completed.

For more detailed information on the Company's results of operations, please refer to the Company's Form 10-Q filing for the period ended March 31, 2008 which can be found at http://www.sec.gov/ .

This press release includes statements that may constitute 'forward- looking' statements, usually containing the word 'believe,' 'estimate,' 'project,' 'expect,' 'plan,' 'anticipate' or similar expressions. Forward- looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of Asia Premium Television Group, Inc.'s (''ATVG'') product and services in the marketplace, competitive factors and changes in regulatory environments. These and other risks relating to ATVG's business are set forth in ATVG's Annual Report on Form 10-K for the period ended September 30, 2007 filed with the Securities and Exchange Commission on December 31, 2007, and other reports filed from time to time with the Securities and Exchange Commission. By making these forward-looking statements, ATVG disclaims any obligation to update these statements for revisions or changes after the date of this release.

Asia Premium Television Group, Inc.

CONTACT: Yang Fen of ATVG, +86-10 87762828 x8013

ANADIGICS' New Linear Amplifiers Raise Standards for Power and Performance in CATV Set-Top Boxes and Distribution SystemsANADIGICS' ABA3101 and ABA3115 Combine High Linearity and Low Noise For Improved Signal Integrity

WARREN, N.J., May 15 /PRNewswire-FirstCall/ -- ANADIGICS, Inc. , today announced the launch of its ABA3101 and ABA3115 balanced low noise linear power amplifiers (PAs) designed to generate exceptional signal integrity in CATV set-top box, distribution and drop applications.

"As demands on cable TV systems continue to increase, ANADIGICS' strategy is to provide equipment designers with a variety of PA solutions based on a common platform, to allow greater design flexibility while reducing production costs," reports Ron Michels, Senior Vice-President and General Manager of ANADIGICS' Broadband Business. "Combining this philosophy with industry leading noise and linearity performance has produced a compelling product portfolio for our cable TV and broadband customers."

The ABA3101 is a +8V supply design that delivers +34dBmV per channel of highly linear output power, together with 12dB of RF gain. Housed in a thermally enhanced package, the ABA3101 maintains composite second order (CSO) and composite triple beat (CTB) distortion products below -69 dBc, and provides a typical noise figure less than 3.2dB across the 1GHz CATV band.

ANADIGICS' ABA3115 operates from a +5V supply to provide +25dBmV per channel of linear output power and 15dB of RF gain. Operating up to 870MHz, this Gallium Arsenide (GaAs) IC maintains CSO and CTB distortion products below -70 dBc, and provides a typical low noise figure of 2.7dB. The ABA3115 also incorporates a shutdown feature under logic control, whereby power consumption is reduced to 15mW.

The ABA3101 and ABA3115, as well as the previously released ABA3100, ADA10000 and ADA10001, are each housed in a 16-pin surface mount package, providing a common platform for CATV product designers.

ANADIGICS' new ABA3101 is available now at a price of $6.00 each in quantities of 3,500 units and the ABA3115 is available at $5.60 each for 3,500 units.

For product specifics, visit: http://www.anadigics.com/

For product pricing or sampling, visit: http://www.anadigics.com/worldwide_sales or contact ANADIGICS at +1.908.668.5000 (Phone) or +1.908.668.5132 (FAX).

About ANADIGICS, Inc.

ANADIGICS, Inc. is a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets. Founded in 1985 and headquartered in Warren, NJ, the company's award-winning products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components, which can be sold individually or packaged as integrated radio frequency and front end modules. For more information, visit http://www.anadigics.com/

Media Relations Glen Turvey ANADIGICS, Inc. 141 Mt. Bethel Road Warren, NJ 07059 Tel: +1 973 954 2723 E-mail: glent@t2publicrelations.com Corporate Contact Jennifer Palella ANADIGICS, Inc. 141 Mt. Bethel Road Warren, NJ 07059 Tel: +1 908.668.5000 E-mail: jpalella@anadigics.com Investor Relations Thomas Shields ANADIGICS, Inc. 141 Mt. Bethel Road Warren, NJ 07059 Tel: +1 908.412.5995 E-mail: tshields@anadigics.com Safe Harbor Statement

Except for historical information contained herein, this press release contains projections and other forward-looking statements (as that term is defined in the Securities Exchange Act of 1934, as amended). These projections and forward-looking statements reflect the Company's current views with respect to future events and financial performance and can generally be identified as such because the context of the statement will include words such as "believe", "anticipate", "expect", or words of similar import. Similarly, statements that describe our future plans, objectives, estimates or goals are forward-looking statements. No assurances can be given, however, that these events will occur or that these projections will be achieved and actual results and developments could differ materially from those projected as a result of certain factors. Important factors that could cause actual results and developments to be materially different from those expressed or implied by such projections and forward-looking statements include those factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2007, and those discussed elsewhere herein.

ANADIGICS, Inc.

CONTACT: Media Relations - Glen Turvey, +1-973-954-2723,
glent@t2publicrelations.com, or Investor Relations - Jennifer Palella,
+1-908-668-5000, jpalella@anadigics.com, or Corporate Contact - Thomas
Shields, +1-908-412-5995, tshields@anadigics.com, all of ANADIGICS, Inc.

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

TransNet Reports Third Quarter and Nine Month Results

BRANCHBURG, N.J., May 15 /PRNewswire-FirstCall/ -- TransNet Corporation (BULLETIN BOARD: TRNT) , a leading unified communications and IT sales and support provider for corporate, governmental, and educational clients, announced today that for the quarter ended March 31, 2008, the third quarter of fiscal 2008, it reported a net loss of $923,490, or $0.19 per share, on revenue of $4,955,174, as compared to a net loss of $564,266, or $0.12 per diluted share, on revenue of $6,731,842 in the third quarter of fiscal 2007.

For the nine months ended March 31, 2008, the Corporation reported a net loss of $915,519, or $0.19 per share. This compares to a net loss of $738,798, or $0.15 per share, for the first nine months of fiscal 2007. Revenue for the nine-month period in fiscal 2008 was $21,237,566, as compared to $22,883,207 in fiscal 2007.

Steven J. Wilk, President said "Our performance during the quarter ended March 31, 2008 was impacted by the overall slowdown in the economy which affected our commercial clients. Our results were further impacted by budgetary constraints within the State of New Jersey, which in turn impacted contracts with local municipalities and school districts. In addition, some of our larger clients continue to move their help desk business to off-shore vendors. To counter this trend, we are focusing on businesses and healthcare organizations, which demand and require a local presence for IT service and support. We believe our strategy will increase overall service revenue, as well as gross profits.

"Our existing quotes for products and related services are at a record high, and we are confident that many of these outstanding quotes will be awarded to TransNet. We anticipate hardware and service revenues of approximately $8,500,000 for the quarter ending June 30, 2008, an increase over previous quarters. In our current economy, however, some of our customers have delayed purchasing decisions. We believe these decisions will be made in the next few quarters, and will, in turn, enable us to return to profitability. Moreover, purchasing delays are also fueled by the recent competition between Cisco Systems and Microsoft Corporation in the arena of IP telephony solutions ("VoIP" to most) which began with Microsoft's recent entry into the VoIP market. We have experienced first-hand clients' hesitation to move forward with projects until issues of product compatibilities are resolved and relative benefits are weighed. Any of these delays should be temporary. Because both Cisco and Microsoft are key strategic partners of TransNet, and we have successful practices with both, including an established and loyal base of customers in both markets, TransNet is well positioned to capitalize upon this market climate. Clients are presently requesting our design engineers to consider the two manufacturers' products in our designs, and we are already integrating the two companies' products into forward- looking solutions.

"During this quarter, we significantly increased our 'StaffNet' staffing services, and anticipate continued increases well into the new fiscal year as our clients face continued challenges in hiring qualified and experienced IT and engineering candidates for full-time or consulting positions. During the quarter ended March 31, 2008, the increase in staffing revenues contributed to

increase our gross margin on technical services to 24% from 15% for the same quarter last year.

"During the last two quarters, we took steps to increase business with the federal government, 'FedNet,' concentrating on agencies involved with national defense and homeland security. We are confident that this strategy will result in increased revenue and profits for TransNet. We have already received approval and received initial orders in April and May. Requests for quotes and proposals have increased significantly, and presently we have outstanding proposals to provide over $9,000,000 in services over a three-year period.

"In our continued effort to contain and reduce expenses, reviews of internal expenses and adjustments in our cost structure made during the March 2008 quarter will reduce our overall expense structure by $400,000 per year. Further reviews and adjustments will be ongoing. We believe we are well positioned for the future."

About TransNet

TransNet Corporation is a leading Unified Communications and IT sales and support provider for corporate, educational, and governmental clients. TransNet provides sophisticated solutions, including system design and integration, help-desk support services and end-user training. Its clients include Fortune 100 organizations, primarily in the pharmaceutical, oil and gas, finance and communications industries, as well as educational and governmental institutions. TransNet serves it clients from its Branchburg, New Jersey headquarters, and its offices in Eastern Pennsylvania.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:

The statements contained in this press release that are forward-looking statements are based on current management expectations that involve risk and uncertainties. Potential risks and uncertainties include, without limitation: the impact of economic conditions generally and in the industry for microcomputer products and services; dependence on key vendors; continued competitive and pricing pressures in the industry; product supply shortages; open-sourcing of products of vendors; rapid product improvement and technological change, short product life cycles and resulting obsolescence risks; legal proceedings; capital and financing availability; and other risks set forth in the Company's filings with the Securities and Exchange Commission.

TransNet Corporation and Subsidiary Consolidated Statement of Operations (unaudited) Three Months Ended March 31, 2008 2007 Revenues $ 4,955,174 $ 6,731,842 Net Income (Loss) (923,490) (564,266) Basic Net Income (Loss) Per Common Share (0.19) (0.12) Diluted Net Income (Loss) Per Common Share (0.19) (0.12) Weighted Average Common Shares Outstanding: Basic 4,823,304 4,823,304 Weighted Average Common Shares Outstanding: Diluted 4,823,304 4,823,304 Nine Months Ended March 31, 2008 2007 Revenues $ 21,237,566 $ 22,883,472 Net Income (Loss) (915,519) (738,798) Basic Net Income (Loss) Per Common Share (0.19) (0.15) Diluted Net Income (Loss) Per Common Share (0.19) (0.15) Weighted Average Common Shares Outstanding: Basic 4,823,304 4,823,304 Weighted Average Common Shares Outstanding: Diluted 4,823,304 4,823,304

TransNet Corporation

CONTACT: Steven J. Wilk, TransNet Corporation, +1-908-253-0500

Best-One Tire & Service Drives Business With Help of AT&T VoIP TechnologyAT&T IP Flexible Reach Provides Enhanced Voice Quality at the Touch of a Dial

MONROE, Ind., May 15 /PRNewswire-FirstCall/ -- AT&T Inc. today announced a three-year contract with Best-One Tire & Service, an independent U.S. distributor of the top automotive tire brands. Under the terms of the contract, AT&T will deliver complete Internet Protocol (IP)-based solutions and other telecommunications services that give Best-One Tire & Service the flexibility and efficiency to compete in the marketplace. AT&T will also manage its voice services.

AT&T IP Flexible Reach uses Voice over IP (VoIP) technology to provide Best-One Tire & Service with the benefits of IP-based voice and data applications. All on one network with scalable bandwidth, the new IP Flexible Reach solution uses an existing analog network platform to distribute calls for optimal call routing and volume control.

This solution saves the tire distributor thousands of dollars that would be needed to revamp analog circuits to advanced VoIP technology and keeps existing telecommunications systems in place. The Best-One Tire & Service network of retailers and brands can use AT&T's resources to supplement customer service across 250 locations.

Best-One Tire & Service will also receive AT&T Managed Internet Service (MIS) through AT&T's Private Network Transport (PNT). With high speed access, the MIS solution will provide technical support and monitored access for enhanced security around-the-clock. When paired with AT&T's handling of long distance voice service among the Best-One Tire & Service locations, the company receives optimal customer service and solutions for its communications needs.

"AT&T's VoIP and network systems drive our local and national operations toward greater velocity and flexibility," said Michael Podszywalow, Technology director, Best-One Tire & Service. "Those internal enhancements enable better service quality to our customers in Indiana and across the country."

In addition to advanced networking and voice solutions, Best-One Tire & Service will receive simplified accounting and financial management tools with the BusinessDirect(R) Web portal. This managed AT&T solution securely provides access to corporate online applications for convenient bill payment and data analysis.

About Best-One Tire & Service

Best-One Tire & Service(R) is one of the largest independent tire dealers in the United States. Founded by Paul Zurcher in 1948 in Monroe, Indiana, the multi-state network of dealers offers quality national and international brands in the tire business. In fact, Best-One Tire & Service(R) is the largest Bridgestone/Firestone tire dealer in the world. Best-One Tire & Service(R) is also one of the largest tire dealers and Bandag Retreaders in the U.S. For more information, please visit http://www.bestonetire.com/.

About AT&T

AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked No. 1 on Fortune magazine's World's Most Admired Telecommunications Company list and No. 1 on America's Most Admired Telecommunications Company list. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.

(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.

Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.

AT&T Inc.

CONTACT: Bryan Blaise of AT&T Inc., +1-312-932-2831, bblaise@attnews.us

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

Notify Technology Reports Results for the Fiscal Quarter Ended March 31, 2008Wireless revenue increases over 23 percent from same quarter in prior fiscal year.

SAN JOSE, Calif., May 15 /PRNewswire-FirstCall/ -- Notify Technology Corporation (BULLETIN BOARD: NTFY) today announced financial results for its fiscal quarter ended March 31, 2008.

The NotifyLink software product line increased 23% to $1,111,789 from $900,572 during the same period last year. The gross margin remained consistent at 95.6% and 96.0% for the three month periods ending March 31, 2008 and 2007, respectively. The Company showed a net loss for the fiscal quarter ended March 31, 2008, of $121,028 or a net loss per share of $(0.01), compared to a net loss of $142,936, or a net loss per share of $(0.01), reported for the three month period ended March 31, 2007.

Sales expenses were up at $487,576 in the three month period ended March 31, 2008 compared to $430,063 in the same period of fiscal 2007. Research and Development spending increased to $376,490 in the three month period ended March 31, 2008 compared to $312,959 in the same period of fiscal 2007. The overall increase in engineering expense is a direct result in supporting additional email platforms and new wireless devices. Administration expenses were $323,424 in the three month period ended March 31, 2008 compared to $360,240 in the same period of fiscal 2007.

"Three years ago we launched our NotifyLink On Demand solution as a Software-As-A-Service (SAAS) which provides organizations of all sizes with wireless email and PIM synchronization as an alternative option to an On Premise solution. Our On Demand solution now represents over one third of our quarterly revenue as a result of the market acceptance of this service," said Paul DePond, President of Notify Technology. "Over the second half of this fiscal year we are planning to release new versions of both our NotifyLink On Premise and On Demand software which will provide support for additional email platforms and exciting new wireless devices such as the Apple iPhone. We are committed in supporting our customers regardless of what email platform and wireless devices they use."

About Notify Technology Corporation

Founded in 1994, Notify Technology Corporation, (BULLETIN BOARD: NTFY) is an innovative software company developing mobility products for organizations of all sizes. Notify's wireless solutions provide secure synchronized email and PIM access and management to any size organization on a variety of wireless 2-way devices and networks. Notify sells its wireless products directly and through authorized resellers internationally. The company is headquartered in San Jose, California. For more information, visit http://www.notifycorp.com/ or contact 408-777-7920.

Forward-Looking Statements: This press release contains forward-looking statements related to Notify Technology that involve risks and uncertainties, including, but not limited to, statements regarding the improving performance and growth of our wireless product. Those statements are based on current information and expectations and there are important factors that could cause actual results to differ materially from those anticipated by such statements. These risks include, but are not limited to, our ability to deliver products and manage growth, our ability to continue to improve our existing products, release support for additional email platforms and additional devices or develop software compatible with the Apple iPhone within the fiscal year or ever, as well as other risks. In particular, we cannot predict future NotifyLink revenues with any accuracy and do not know whether NotifyLink revenues will continue to grow at the rates we have recently experienced. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect Notify Technology's future results, please see the Company's filings with the Securities and Exchange Commission. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management's expectations.

Contacts: At Notify Technology Corporation: Jerry Rice, Chief Financial Officer Phone: 408-777-7927 jerry.rice@notifycorp.com (Financial Tables Follow) NOTIFY TECHNOLOGY CORPORATION CONDENSED UNAUDITED STATEMENTS OF OPERATIONS Three-Month Periods Six-Month Periods Ended March 31, Ended March 31, 2008 2007 2008 2007 Revenue: Product revenue $1,111,789 $900,572 $2,186,643 $1,783,087 Service revenue -- 89,060 -- 237,991 Total revenue 1,111,789 989,632 2,186,643 2,021,078 Cost of revenue: Product cost 3,785 5,956 8,865 8,306 Royalty payments 45,566 26,163 74,637 50,113 Total cost of revenue 49,351 32,119 83,502 58,419 Gross profit 1,062,438 957,513 2,103,141 1,962,659 Operating expenses: Research and development 376,490 312,959 772,172 617,027 Sales and marketing 487,576 430,063 901,782 877,386 General and administrative 323,424 360,240 646,780 674,766 Total operating expenses 1,187,490 1,103,262 2,320,734 2,169,179 Loss from operations (125,052) (145,749) (217,593) (206,520) Other interest (expense), net 4,024 2,813 3,864 2,557 Net loss $(121,028) $(142,936) $(213,729) $(203,963) Basic net loss per share $(0.01) $(0.01) $(0.02) $(0.01) Basic weighted average shares outstanding 14,075,662 13,968,995 14,046,336 13,968,995 Notify Technology CORPORATION Condensed Balance Sheets March 31, Sept. 30, 2008 2007 (Unaudited) (1) Assets: Current assets: Cash and cash equivalents $1,038,555 $839,775 Accounts receivable, net 488,837 588,295 Other assets 44,175 51,692 Total current assets 1,571,567 1,479,762 Non-current assets Property and equipment, net 108,006 98,983 Deposit on property and equipment 40,102 --- Total non-current assets 148,108 98,983 Total assets $1,719,675 $1,578,745 Liabilities and shareholders' deficit Current liabilities: Current portion of capital lease obligation $4,169 $7,243 Accounts payable 28,149 31,915 Accrued payroll and related liabilities 302,738 260,216 Deferred revenue 2,379,664 2,126,518 Other accrued liabilities 178,718 143,189 Total current liabilities 2,893,438 2,569,081 Long-term capital lease obligations 13,078 15,519 Total liabilities 2,906,516 2,584,600 Shareholders' deficit: Common stock 14,076 13,969 Additional paid-in capital 23,387,395 23,354,759 Accumulated deficit (24,588,312) (24,374,583) Total shareholders' deficit (1,186,841) (1,005,855) Total liabilities and shareholders' deficit $1,719,675 $1,578,745 (1) The information in this column was derived from our audited financial statements for the year ended September 30, 2007

Notify Technology Corporation

CONTACT: Jerry Rice, Chief Financial Officer of Notify Technology
Corporation, +1-408-777-7927, jerry.rice@notifycorp.com

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

US Dataworks Restructures to Provide Future ProfitabilityMario Villarreal Appointed President and COO

HOUSTON, May 15 /PRNewswire-FirstCall/ -- US Dataworks, Inc. , a leading innovator of payment processing solutions, announced today that it has implemented a restructuring initiative designed to provide future profitability as it continues to grow its revenue. This initiative positions the company with the financial stability to increase shareholder value over the coming quarters.

As part of today's announcement, Mario Villarreal has been promoted from Executive Vice President and CTO to President and Chief Operating Officer. Villarreal also has been appointed to the company's board of directors and to the board's Executive Committee. In addition, the duties and responsibilities previously assigned to John Figone, General Counsel and SVP Business Development, also have been reassigned.

The vision of the Company to provide an enterprise-wide payments platform continues to drive our strategies. "As the market shifts from paper checks to electronic payments, we know that we have to fight harder to sustain our market share," said Mr. Villarreal. "In order to accomplish that task we need to identify and close new sales opportunities quickly, which is the necessary ingredients for our core business to flourish."

"It was with gratitude for his ten years of service that we accepted the retirement of Terry Stepanik, one of the founders of US Dataworks. We look forward to working with Terry in a consulting role to draw upon his extensive industry knowledge," stated US Dataworks Chairman and CEO Charles Ramey. "Looking forward, it is our belief that with this restructuring, we will maintain our rapid growth within the transaction processing market and will rededicate our commitment toward profitability while pursuing other avenues that will deliver increased value to our shareholders."

"I am pleased to leave US Dataworks in the capable hands of Mario Villarreal," stated Terry Stepanik. "As one of the founders and the CTO, Mario has the experience to continue the leading edge technology development and his vision of the future growth within the market is exceptional."

Major credit card issuers, financial institutions, and government agencies are adopting Clearingworks(R) as their mission-critical platform. The benefit of the Clearingworks platform is that it provides a growth path across all departments, while the number of operational systems is eliminated, resulting in large operational cost savings.

About US Dataworks, Inc.

US Dataworks is a developer of payment processing solutions, focused on the Financial Services market, Federal, State and local governments, billers and retailers. Software developed by US Dataworks is designed to enable organizations to transition from traditional paper-based payment and billing processes to electronic solutions that automate end-to-end processes for accepting and clearing checks. Additional information about US Dataworks is available at http://www.usdataworks.com/.

Forward-Looking Statements

Except for the historical information contained herein, the matters set forth in this press release, including, but not limited to statements regarding the anticipated benefits of the Company's restructuring plan, including future profitability, growth and shareholder value, our business strategies and platform, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, but not limited to, the Company's position in the marketplace, our ability to successfully implement our restructuring plan, our ability to develop and timely introduce products that address market demand, the impact of alternative technological advances and competitive products, market fluctuations and other risks detailed from time to time in the SEC reports of US Dataworks, including its annual report on its quarterly report on Form 10-QSB for the period ended December 31, 2007. These forward-looking statements speak only as of the date hereof. US Dataworks disclaims any obligation to update these forward-looking statements.

CONTACTS: Charles Ramey, CEO Donald C. Weinberger US Dataworks, Inc. Wolfe Axelrod Weinberger Assoc. LLC Tel. (281) 504-8100 Tel. (212) 370-4500 Fax (212) 370-4505

US Dataworks, Inc.

CONTACT: Charles Ramey, CEO of US Dataworks, Inc., +1-281-504-8100; or
Donald C. Weinberger of Wolfe Axelrod Weinberger Assoc. LLC, +1-212-370-4500,
fax, +1-212-370-4505

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

Fusion Reports First Quarter 2008 Results

NEW YORK, May 15 /PRNewswire-FirstCall/ -- Fusion today announced financial results for the quarter ended March 31, 2008.

Recent Highlights: -- Consolidated Revenues were $11.5 million, compared to $13.2 million for Q1 2007; -- Adjusted EBITDA improved 10.4% over Q1 2007; -- Raised $1.8 million in equity financing; -- Launched new Efonica consumer services website and portal; -- Expanded distribution of corporate products and services into Latin America; -- Don Hutchins promoted to President and Chief Operating Officer.

Fusion reported Consolidated Revenues of $11.5 million for the quarter ended March 31, 2008. This represented a decrease of 12.7% compared to revenues of $13.2 million for the quarter ended March 31, 2007. The decrease over the prior year was largely attributable to inherent quarter-to-quarter fluctuations in the Company's Voice to Carrier segment, which experienced a revenue decrease of 13.3% in the first quarter of 2008 compared to the first quarter of 2007.

Consolidated gross margin was 7.1% in first quarter of 2008 compared to 8.5% in the first quarter of 2007.

Selling, general and administrative costs decreased 3.4% compared to the first quarter of 2007. The decrease was primarily attributable to the Company's increasing focus on cost containment and maximizing infrastructure efficiencies.

For the first quarter ended March 31, 2008, Adjusted EBITDA (earnings before interest, taxes, depreciation, amortization, and specific nonrecurring and non-cash adjustments) improved $0.2 million, or 10.4%, to ($1.94) million, compared to Adjusted EBITDA of ($2.16) million for the first quarter of 2007.

Fusion also reported an improvement in Net Loss of 16.5% compared to the first quarter of the prior year. For the first quarter of 2008, Fusion reported a net loss of ($2.36) million or ($0.08) per share compared to a net loss of ($2.83) million or ($0.10) per share during the quarter ended March 31, 2007. This includes certain one-time items, which positively impacted net loss by $0.27 million in the first quarter of 2008. Excluding these certain one-time items, the net loss would have been $(2.64) million in 2008 compared with $(2.83) million in 2007, an improvement of $.2 million or 6.8% year-over-year.

As of March 31, 2008, the Company had current assets of $4.9 million compared to $6.3 million as of December 31, 2007. The decrease was primarily a result of cash used in operations and a decrease in Accounts Receivable due to early receipt in first quarter, 2008 of certain receivables. Total Liabilities and Stockholders' equity at March 31, 2008 was $16.4 million compared to $18.1 million as of December 31, 2007.

In the first quarter of 2008, the Company raised an additional $1.8 million in equity financing.

Commenting on the results, Matthew Rosen, Chief Executive Officer of Fusion, said, "Despite our decline in overall revenue in the first quarter, which was largely due to the inherent volatility in the carrier segment, we made continued progress in operating efficiencies, as reflected in a 10.4% improvement in Adjusted EBITDA over the first quarter, 2007. Moving forward through the remaining quarters of the year, we will continue to focus our corporate efforts on driving improved operating results."

Expanding on Mr. Rosen's comments, Don Hutchins, President and Chief Operating Officer of Fusion, said, "We have been closely focused on the corporate and consumer segments of our business, as they are a key element of our plan to enhance value through an expanded retail customer base and by increasing margins. We are pleased to have seen meaningful progress in these areas, as we moved from building our technical infrastructure to building revenue. The launch of our new consumer website and portal, the expansion of our distribution channels, and the increase in corporate and consumer revenues compared to the first quarter of 2007, position us well for continued growth during the remainder of the year."

Use of Non-GAAP Financial Measures:

The Company believes that EBITDA (earnings before interest, taxes, depreciation and amortization) is useful to investors because it is commonly used in the communications industry to analyze companies on the basis of operating performance and leverage. The Company also believes that EBITDA provides investors with a measure of the Company's operational and financial progress that corresponds with the measurements used by management as a basis for allocating resources and making other operating decisions. Adjusted EBITDA provides an adjusted view of EBITDA that takes into account certain significant nonrecurring transactions, such as impairment losses associated with divested businesses and forgiveness of debt, which vary significantly between periods and are not recurring in nature. Although the Company uses Adjusted EBITDA as one of several financial measures to assess its operating performance, its use is limited as it excludes certain significant operating expenses. EBITDA and Adjusted EBITDA are not intended to represent cash flows for the period presented, nor have they been presented as an alternative to operating income or as an indicator of operating performance and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with Generally Accepted Accounting Principles (GAAP). Consistent with the SEC Regulation G, the non-GAAP measures in this press release have been reconciled to the nearest GAAP measure, which can be viewed under the heading "Reconciliation of Net Income (Loss) to Adjusted EBITDA", immediately following the Consolidated Statements of Operations included in this press release.

Earnings Conference call

The Company will host a conference call to discuss its financial results at 1:00 p.m. EDT today. The conference call can be accessed by dialing 877-397-0286. A replay of the call will be available through May 18, 2008. To listen to the replay, please call 888-203-1112 (Domestic) or 719-457-0820 (International). To access the replay, users will need to enter the following passcode: 5953734. The call will be available live on the Internet at http://www.fusiontel.com/. The online archive of the web cast will be available for one year following the call.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050705/NYTU073LOGO ) About Fusion:

Fusion provides its Efonica branded VoIP (Voice over Internet Protocol), Internet access, and other Internet services to, from, in and between Asia, the Middle East, Africa, Latin America and the Caribbean. The company provides services to consumers, corporations, and communications carriers worldwide. For more information please go to http://www.fusiontel.com/.

Statements in this Press Release that are not purely historical facts, including statements regarding Fusion's beliefs, expectations, intentions or strategies for the future, may be "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward-looking statements. Such risks and uncertainties include, among others, introduction of products in a timely fashion, market acceptance of new products, cost increases, fluctuations in and obsolescence of inventory, price and product competition, availability of labor and materials, development of new third-party products and techniques that render Fusion's products obsolete, delays in obtaining regulatory approvals, potential product recalls and litigation. Risk factors, cautionary statements and other conditions which could cause Fusion's actual results to differ from management's current expectations are contained in Fusion's filings with the Securities and Exchange Commission and available through http://www.sec.gov/.

FUSION TELECOMMUNICATIONS INTERNATIONAL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENT OF OPERATIONS Three Months Ended March 31, 2008 2007 (Un-Audited) (Un-Audited) Revenues $11,529,817 $13,205,954 Operating expenses: Cost of revenues 10,707,974 12,085,771 Depreciation and amortization 461,677 392,182 Selling, general and administrative expenses 3,310,811 3,427,369 Advertising and Marketing 29,392 82,215 Total operating expenses 14,509,854 15,987,537 Operating loss (2,980,037) (2,781,583) Other income (expense) Interest income (expense), net (15,659) (2,438) Gain (loss) on extinguishment of debt 634,991 - Gain (loss) on sale of other assets - - Loss from investment in Estel - (45,000) Other (2,284) - Total other income (expense) 617,048 (47,438) Loss from continuing operations (2,362,989) (2,829,021) Net loss $(2,362,989) $(2,829,021) Losses applicable to common stockholders Loss from continuing operations $(2,362,989) $(2,829,021) Preferred stock dividends (159,462) - Net loss applicable to common stockholders from continuing operations (2,522,451) (2,829,021) Income from discontinued operations - - Net loss applicable to common stockholders $(2,522,451) $(2,829,021) Basic and diluted net loss per common share: Loss from continuing operations $(0.08) $(0.10) Income (loss) from discontinued operations - - Net loss applicable to common stockholders $(0.08) $(0.10) Weighted average shares outstanding Basic and diluted 32,818,945 26,958,965 FUSION TELECOMMUNICATIONS INTERNATIONAL, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET March 31, December 31, 2008 2007 (Un-Audited) (Audited) ASSETS Current assets Cash and cash equivalents $731,489 $114,817 Accounts receivable, net of allowance 3,554,845 5,545,408 Prepaid expenses and other current assets 473,721 481,556 Assets held for sale 129,231 129,231 Total current assets 4,889,286 6,271,012 Property and equipment, net 5,142,574 5,425,846 Other assets Security deposits 68,157 66,638 Restricted cash 416,566 416,566 Goodwill 964,557 964,557 Intangible assets, net 4,884,249 4,892,215 Other assets 79,189 91,455 Total other assets 6,412,718 6,431,431 TOTAL ASSETS $16,444,578 $18,128,289 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current Liabilities Long-term debt, current portion $413,035 $566,567 Capital and equipment financing lease obligations, current portion 178,350 233,759 Accounts payable and accrued expenses 8,768,799 9,663,325 Liabilities of discontinued operations 13,314 15,829 Total current liabilities 9,373,498 10,479,480 Long-term liabilities Long-term debt, net of current portion 215,199 283,433 Capital lease/equipment obligations, net of current portion 5,102 10,922 Other long-term liabilities 617,176 659,271 Total long-term liabilities 837,477 953,626 Stockholders' equity (deficit) Preferred stock, Class A-1, A-2, A-3 & A-4 80 80 Common stock 357,630 299,078 Common stock, Class A - - Capital in excess of par value 122,245,548 120,402,691 Accumulated deficit (116,369,655) (114,006,666) Total stockholders' equity (deficit) 6,233,603 6,695,183 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $16,444,578 $18,128,289 FUSION TELECOMMUNICATIONS INTERNATIONAL, INC. AND SUBSIDIARIES RECONCILIATION OF NET LOSS TO ADJUSTED EBITDA Three Months Ended March 31, 2008 2007 (Un-Audited) (Un-Audited) Net loss $(2,362,989) $(2,829,021) Loss from continuing operations (2,362,989) (2,829,021) Adjustments: Interest (income) expense, net 15,659 2,438 Depreciation and amortization 461,677 392,182 EBITDA (1,885,653) (2,434,401) Adjustments: (Gain) loss on debt forgiveness (634,991) - (Gain) loss on sale of other assets 537 - Communications expense 361,119 - Other taxes 108,131 101,623 Non cash compensation 114,347 171,326 Adjusted EBITDA $(1,936,510) $(2,161,452) CONTACT: Philip Turits 212-201-2407 pturits@fusiontel.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050705/NYTU073LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Fusion

CONTACT: Philip Turits, Fusion, +1-212-201-2407, pturits@fusiontel.com

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

Cimatron to Exhibit Advanced Machining Techniques and Newly Released CAD/CAM Capabilities at EASTECCimatron's Integrative CAD/CAM Solutions Help Tool makers and Manufacturers Reduce Delivery Times

GIVAT SHMUEL, Israel, May 15 /PRNewswire-FirstCall/ -- Cimatron's suite of integrated CAD/CAM solutions will be on display at the upcoming EASTEC tradeshow (May 20 - 22, 2008, West Springfield, MA).

Cimatron's CAD/CAM solutions are proven to help tool makers deliver higher quality tools at lower costs and shorter cycle times-addressing the entire process from quoting through design, engineering changes, NC, and EDM programming to delivery. Visitors to the show will be able to see Cimatron's advanced machining techniques, as well as recently released CAD/CAM enhancements.

Advanced Machining

Cimatron facilitates the machining of any part - from simple 2.5 axis milling and drilling to complex 5-axis machining - including micro and aerospace milling. The rich CAD functionality built into the NC environment provides a highly productive work environment that produces superior surface quality. The integrated end-to-end solution eliminates the need for error-prone and time consuming data translations and enables quick response to engineering changes.

These machining solutions and more will be demonstrated at Cimatron's booth #5740 at EASTEC 2008.

"In today's highly competitive market, tool makers and manufacturers can no longer afford to use outdated technology. We are excited to share with EASTEC attendees technologies that can help them improve quality and shorten delivery times," said Bill Gibbs, CEO and President, Cimatron Technologies, Inc.

Also on display at the show will be new capabilities recently released in CimatronE version 8.5. These include modified NC reports, enhancements to the Automated Drill application, spiral cut milling and 3-5 Axis transformations in 5-Axis Production, expanded concurrent engineering capabilities, integrated CADENAS catalogs and "blank on binder" (for die makers).

Streamlined Numerical Control

Modified NC Setup Reports: Automatically-generated NC reports facilitate the information flow between NC programmers and the shop floor, providing machine operators with detailed information that includes the tool paths, procedures, tools, and parameters for each job. Images and user-specific information can be added to the reports, which can be presented either online or in print.

Automated Drill: New operations added to the Automated Drill application include profiling of holes and threading cycles, as well as pocketing for pre-drill preparation of difficult to drill areas such as slanted surfaces. These operations can be integrated into the automated drill sequence and reused from libraries to increase efficiency and accuracy.

5-Axis Production: CimatronE version 8.5 features new enhancements to the 5-Axis Production application, including spiral cut milling, 3-5 Axis transformations, and advances in impeller roughing.

Concurrent Engineering

Cimatron's concurrent engineering capabilities improve productivity and collaboration and significantly compress product delivery times.

Concurrent design capabilities are built into Cimatron's CAD applications, enabling multiple users to simultaneously work on the same assembly and shorten the design cycle. Starting with the new release of CimatronE version 8.5, these concurrent design capabilities are available throughout the entire CAD product line.

Cimatron's support for concurrent engineering extends beyond the design phase. The integrated end-to-end design-to-manufacturing solution uses a single database that provides complete associatively and enables multiple steps of the design and manufacturing process to be performed in parallel.

Integrated CADENAS Catalogs

CADENAS PARTsolutions is now integrated into CimatronE 8.5, enabling tool makers to shorten design cycles by incorporating ready-made CADENAS catalog parts into Cimatron tool assemblies.

While the catalog functionality has long been available in Cimatron's software, the CADENAS catalogs place thousands of new standard components at the disposal of Cimatron users, eliminating many of the manual and time-consuming steps in the tool design process.

"Blank on Binder" for Die Makers

Creating intermediate binder blanking surfaces and unfolding the part on these faces is one of the most challenging tasks in the die design process. In most cases, accurate results can only be achieved after a laborious and expensive trial and error process.

Based on a finite element analysis, CimatronE's "Blank on Binder" enables the user to perform this task and unfold freeform shapes onto a 3D geometry with unprecedented speed and accuracy.

Visit Cimatron at EASTEC, May 20 - 22, 2008 Eastern States Exposition Booth #5740 See also the latest innovations for Production by visiting the GibbsCAM booth #5429. About Cimatron

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

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

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

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

For More Information Contact: Lisa Sterling Director of Marketing Cimatron Technologies, Inc. Phone: +1-248-596-9700 ext. 224 Email: lsterling@cimatrontech.com

Cimatron Ltd

CONTACT: For More Information Contact: Lisa Sterling, Director of
Marketing, Cimatron Technologies, Inc. Phone: +1-248-596-9700 ext. 224,
Email: lsterling@cimatrontech.com

Elbit Vision Systems Schedules First Quarter 2008 Results And Conference Call

QADIMA, Israel, May 15 /PRNewswire-FirstCall/ -- Elbit Vision Systems Ltd. (OTCBB: EVSNF.OB), a global leader in the field of automatic in-line optical web inspection and quality monitoring systems, today announced that it will be releasing its first quarter 2008 results on Thursday, May 22, 2008, before the US market opens.

The Company will also be hosting a conference that day at 9am Eastern Time. On the call, management will review and discuss the results, and will be available to answer investor questions.

To participate, please call one of the following teleconferencing numbers. Please begin placing your calls a few minutes before the conference call commences.

US Dial-in Number: 1-888-668-9141 UK Dial-in Number: 0-800-917-9141 ISRAEL Dial-in Number: 03-918-0650 INTERNATIONAL Dial-in Number: +972-3-918-0650 At: 9:00am Eastern Time, 6:00am Pacific Time, 2:00pm UK Time; 4:00pm Israel Time

For those unable to listen to the live call, a replay of the call will be available from three days after the call from a link in the investor relations section of the Company's website.

About Elbit Vision Systems Ltd. (EVS)

EVS offers a broad portfolio of automatic State-of-the-Art Visual and Ultrasonic Inspection Systems for both in-line and off-line applications, and quality monitoring systems used to improve product quality, safety, and increase production efficiency. EVS' systems are used by over 600 customers, many of which are leading global companies. The headquarters, manufacturing and R&D of EVS are all located in Israel. A worldwide Sales and Service network supports markets as well as systems already installed, in Asia, Europe, Africa, Australia and the Americas.

This press release and other releases are available on http://www.evs-sm.com/

Safe Harbor Statement

This press release contains forward-looking statements. Such statements are subject to certain risks and uncertainties, such as market acceptance of new products and our ability to execute production on orders, which could cause actual results to differ materially from those in the statements included in this press release. Although EVS believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. EVS disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events or otherwise. EVS undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

Company Contact Information: Investor Relations Contacts: Yaron Menashe, CFO CCGK Investor Relations Tel: +972-9-8661-601 Kenny Green / Ehud Helft yaron@evs-sm.com Tel: +1-646-201-9246 info@gkir.com

Elbit Vision Systems Ltd

CONTACT: Company Contact Information: Yaron Menashe, CFO, Tel:
+972-9-8661-601, yaron@evs-sm.com; Investor Relations Contacts: CCGK Investor
Relations, Kenny Green / Ehud Helft, Tel: +1-646-201-9246, info@gkir.com

QMed, Inc. Announces it Will Discontinue its Operations

EATONTOWN, N.J., May 15 /PRNewswire-FirstCall/ -- QMed, Inc., announced today that despite a lengthy and thorough search to find a strategic alternative or sale of the company with the assistance of its financial advisors, the Company was not successful in its efforts and will discontinue its operations in June 2008 and wind up its business.

Management believes it is not likely that there will be funds for Shareholder distribution.

About QMed, Inc.

QMed has developed evidence-based clinical information management systems for use by health plan customers. The QMed systems incorporate Disease Management services to patients and decision support to physicians. The Company's subsidiaries have specialized in serving high-risk populations of Medicare beneficiaries.

Except for historical information contained herein, matters discussed in this news release are forward-looking statements that involve risks and uncertainties. They include but are not limited to those relating to the timely implementation of programs, the impact of business and operational conditions, competitive product introductions, acceptance and pricing, and those risks detailed in the Company's filings with the Securities and Exchange Commission (SEC). Actual results may differ materially from any forward-looking statements due to these risks and uncertainties.

Contact: William Schmitt - QMed, Inc. - 732-544-5544 x1112

QMed, Inc.

CONTACT: William Schmitt of QMed, Inc., +1-544-5544 x1112

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

American Metal & Technology, Inc. to Present at The All-Cap All-China Conference

HEBEI, China, May 15 /PRNewswire-FirstCall/ -- American Metal & Technology, Inc. (BULLETIN BOARD: AMGY) ("American Metal," the "Company"), a leading manufacturer in the People's Republic of China engaged in the development, manufacture and sale of high-precision metal casting and metal fabrication products to European and U.S. markets and microprocessor-controlled electronic circuit boards in China, today announced the Company's management will present at Brean Murray, Carret & Co.'s The All-Cap All-China Conference in New York City.

Brean Murray, Carret & Co.'s The All-Cap All-China Conference Date: Tuesday, May 20, 2008 Time: 10:15 a.m. EDT Venue: Beekman Suite The Waldorf=Astoria New York, NY

The conference will feature formal group presentations and one-on-one meetings with approximately 100 Chinese companies. The participating companies will span the market cap spectrum from large-cap companies to private, "soon-to-be-listed" companies. For more information about the conference, please visit Brean Murray's Web site, at http://www.breanmurraycarret.com/.

The presentation will also be webcast live over the Internet and can be accessed by all interested parties at the Company's Web site, http://www.ammyusa.com/.

About American Metal & Technology, Inc.

American Metal & Technology, through its wholly-owned subsidiary American Metal Technology Group ("AMTG"), a Nevada Corporation, and through AMTG's subsidiaries, Beijing Tong Yuan Heng Feng Technology Co., Ltd. and American Metal Technology (Lang Fang) Co., Ltd., is a leading manufacturer of high-precision casting and machined products in the People's Republic of China. The subsidiaries operate in a 53,819-square-foot manufacturing plant. In 2006, AMTG expanded into the design and manufacture of electric circuit boards for home appliances and motion controllers. The Company recently announced facility expansion plans to increase casting product capacity by 50% and enhance the development and manufacturing of its circuit board solutions at its Langfang manufacturing center. To learn more about American Metal & Technology, Inc., please visit the Company's Web site at: http://www.ammyusa.com/.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain of the statements made in this press release constitute 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 unknown factors that could cause the Company's actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "intends," "anticipates" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports filed with the Securities and Exchange Commission.

CCG Elite Investor Relations Mark Collinson, Partner Phone: (310) 231-8600 ext. 117 E-mail: mark.collinson@ccgir.com

American Metal & Technology, Inc.

CONTACT: Mark Collinson, Partner, of CCG Elite Investor Relations,
+1-310-231-8600 ext. 117, mark.collinson@ccgir.com, for American Metal &
Technology, Inc.

Web site: http://www.ammyusa.com/
http://www.breanmurraycarret.com/

FSB Solutions to Host 'Credit Trends' WebinarImportant Information for Today's Credit Market

WEST HILLS, Calif., May 15 /PRNewswire-FirstCall/ -- Full-Service Banking (FSB) Solutions, a leader in loan origination and branch automation products and a division of S1 Corporation , today announced their sponsorship of a May 20th Webinar featuring guest speaker Bobbie Britting, Senior Analyst, Consumer Lending with TowerGroup. This complimentary Webinar will be presented from 12 - 1 p.m. Eastern Time and cover topics including:

-- Credit Trends for 2008 - Tracking a Challenging Year -- The Origination and Collection Connection - Process Improvement to Build Portfolio Performance -- Two customer case studies outlining their accomplishments utilizing FSB's CrediSphere(TM) credit origination and processing software

"The combination of TowerGroup's insight and our customer's success stories should provide a compelling presentation for everyone facing the challenges of today's lending market," said Rick Hughes, FSB Director of Lending Products. "FSB Solutions and the CrediSphere(TM) team are excited to sponsor this timely event. We are especially proud to showcase these customer's process improvement achievements and their ability to pro-actively address current industry issues through the use of our software products."

The CrediSphere(TM) lending product suite provides an intuitive and dynamic environment to transform the way a financial institution originates multi-channel credit application, decisioning and processing. CrediSphere(TM) enables a greater opportunity to increase loan application volume, decrease decision time and lift funding rates through the strength of its product, policy and workflow controls, as well as the system's data integration and electronic document preparation capabilities.

CrediSphere(TM) holds a unique market position by providing a robust credit-processing system that supports multiple forms of Consumer, Business, and Mortgage products utilizing a common platform, database, user interface, and single codebase. The deployment of CrediSphere(TM) can greatly reduce the need for disparate lending systems while providing a comprehensive view of both customer and operational activity. Webinar registration information is available at http://www.credisphere.com/ .

About FSB Solutions

FSB Solutions is an industry leader in branch automation and loan origination products and a division of S1 Corporation . It is a robust development, support, and services organization dedicated to superior customer care and the delivery of value-generating Branch Automation and Credit Origination solutions for the financial industry. FSB Solutions combines the strengths of two great product suites, FSB Branch Automation and FSB Lending Solutions, which are currently installed in over 1,000 financial institutions at some 100,000+ workstations. Additional information about FSB Solutions is available at http://www.fsb-solutions.com/ or by phone at 818.577.2229.

About S1 Corporation

S1 Corporation delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers, and processors under three brand names: Postilion, S1 Enterprise and FSB Solutions. Additional information about S1 solutions is available at http://www.s1.com/ , http://www.postilion.com/ , http://www.s1enterprise.com/ , and http://www.fsb-solutions.com/ .

Forward-Looking Statements

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on our web site at http://www.s1.com/ or the SEC's web site at http://www.sec.gov/) provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.

FSB Solutions

CONTACT: Karen Walker, +1-818-577-2229, karen.walker@fsb-solutions.com,
or Andy Mosley, +1-407-921-9147, andy.mosley@fsb-solutions.com, both of FSB
Solutions

Web site: http://www.s1.com/
http://www.credisphere.com/
http://www.fsb-solutions.com/
http://www.postilion.com/
http://www.s1enterprise.com/

James Patterson's 'Women's Murder Club: Death in Scarlet' From I-play Launches Exclusively on MSN GamesMSN Games premieres the first interactive experience from the best-selling author and leading casual games publisher I-play.

REDMOND, Wash., May 15 /PRNewswire-FirstCall/ -- Microsoft Corp.'s MSN Games and I-play, the publishing division of Oberon Media Inc., today unveiled "Women's Murder Club: Death in Scarlet," the first interactive game based on a story and characters by best-selling author James Patterson. The first in a planned series of games based on Patterson's massively popular "Women's Murder Club" ("WMC") books is debuting exclusively on MSN Games, one of the world's leading casual gaming sites, in collaboration with the game's creator, leading casual games publisher I-play. "Women's Murder Club: Death in Scarlet" is available exclusively on MSN Games through May 29.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

The game, which features the characters from the "WMC" books and an all-new, never-before-seen storyline, is a thrilling seek-and-find adventure designed by award-winning game designer Jane Jensen in collaboration with Patterson. Its storyline lets fans experience the suspense of James Patterson's stories interactively for the first time as they solve a chilling series of murders in San Francisco.

"The opportunity for casual games built around intriguing stories and compelling characters is largely untapped, and who better to lead the way than America's No. 1 storyteller, James Patterson?" said Kevin Unangst, senior global director of Games for Windows in the Entertainment and Devices Division at Microsoft. "We're thrilled to partner with James Patterson and I-play to debut a game of this caliber on MSN Games."

The game will be promoted extensively throughout the MSN network, including on MSN.com, MSN Games, MSN Entertainment and MSN Shopping, as well as on Microsoft.com.

"MSN Games is a great place to debut a high-profile casual game with a powerful brand like James Patterson, based on the strength of their audience and the scope and reach of the MSN and Microsoft networks," said Don Ryan, head of I-play. "We're excited to work with them and are looking forward to an incredible debut for the first 'Women's Murder Club' game."

"Women's Murder Club: Death in Scarlet" is available exclusively at MSN Games from May 15 through May 29. Visit http://www.games.msn.com/ for more information.

About I-play

I-play is the world's leading multi-platform casual games publisher. With strong franchises and massive distribution across PC, Mobile, and Interactive TV, I-play content reaches global consumers across the three most popular entertainment screens, and delivers fun, entertaining, accessible content to casual gamers of all ages. I-play's PC publishing (formerly known as Oberon Games) is based in Seattle and created the hit Dream Day Series, as well as the first casual games for legendary mystery author Agatha Christie, Death on the Nile and Peril at End house. I-play's mobile division has delivered some of the biggest selling franchises in the mobile space, including the world's #1 best-selling racing franchise The Fast & the Furious series, based on the blockbuster movies. I-play's interactive TV group (formerly PixelPlay) creates and distributes games featuring many top brands including Centipede(TM), Missile Command(R), Asteroids(TM), Monopoly(R), Scrabble(R), Boggle(R), and Yahtzee(TM). Headquartered in New York City, with offices in Seattle, San Mateo, London, and Dunfirmlin, Scotland, I-play is the publishing division of Oberon Media, Inc.

About Oberon Media

Oberon Media, the world's leading multi-platform casual-games company, is the first company to deliver global, integrated casual-games solutions across online, mobile and interactive TV platforms, following its recent acquisitions of I-play and PixelPlay, respective leaders in the mobile games and iTV casual games markets.

The Oberon Game Center platform is the industry standard and has been adopted by some of the world's largest corporations including Microsoft, Comcast, Verizon, Electronic Arts, MySpace, France Telecom and NHN. The platform combines casual-game content, merchandizing and features to fulfill each partner's specific needs. Oberon Media's publishing arm works with the industry's best, award-winning game developers to produce the top-selling casual games, which can be played in more than a dozen languages across online, mobile, console and iTV platforms.

Founded in 2003, Oberon Media is headquartered in New York with offices across North America, Europe and Asia, and is backed by Goldman Sachs, Morgan Stanley, Oak Investment Partners and Lehman Brothers. For more information visit: http://www.oberon-media.com/.

About MSN Games

One of the largest and most established online games sites in the industry, MSN Games (http://www.games.msn.com/) is the exclusive games channel for MSN. MSN Games hosts more than 14 million unique users each month and delivers a diverse selection of more than 600 free casual single-player and multiplayer games, downloadable games, and premium multiplayer games including action, puzzle, card, board, word and trivia games.

About Microsoft

Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

CONTACT: Taffy Spencer of Edelman, +1-503-471-6805,
taffy.spencer@edelman.com, for Microsoft Casual Games; or Sheree N. Johnson of
HighWater Group PR, +1-212-338-0077, ext. 311, sheree@highwatergroup.com, for
Oberon Media

Web site: http://www.microsoft.com/
http://www.oberon-media.com/

Microsoft Research to Showcase Future Technologies at Silicon Valley Road ShowCompany's world-renowned research group to demonstrate innovative Web search, data mining, graphics, security and privacy projects.

MOUNTAIN VIEW, Calif., May 15 /PRNewswire-FirstCall/ -- On Thursday, May 22, Microsoft Corp. will offer a sneak peek of some of its latest technologies at the fourth Microsoft Research Silicon Valley Road Show. The road show, which is open to the public, will feature keynote addresses by Rick Rashid, senior vice president of research, and Roy Levin, director of the Silicon Valley lab. The event also will have 12 interactive demonstration booths where researchers will be on hand to discuss their work and how Microsoft Research is advancing computing.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO) What: Microsoft Research Silicon Valley Road Show When: Thursday, May 22 Where: Microsoft Mountain View Campus Building 1 1065 La Avenida Mountain View, CA 94043 Who: Rick Rashid, senior vice president of research Roy Levin, director of the Silicon Valley lab Time: Noon-1 p.m. Registration 1-2 p.m. Keynote Session and Audience Q&A 2-4:30 p.m. Demo Room Open Registration information: Media: To register for the event, please go to http://www.ustechsregister.com/msrroadshow and use R.S.V.P. code RoadShow08. General public: To register for the event, please go to http://www.ustechsregister.com/msrroadshow and use R.S.V.P. code MSRMay. About Microsoft Research

Founded in 1991, Microsoft Research is dedicated to conducting both basic and applied research in computer science and software engineering. Its goals are to enhance the user experience on computing devices, reduce the cost of writing and maintaining software, and invent novel computing technologies. Researchers focus on more than 55 areas of computing and collaborate with leading academic, government and industry researchers to advance the state of the art in such areas as graphics, speech recognition, user-interface research, natural language processing, programming tools and methodologies, operating systems and networking, and the mathematical sciences. Microsoft Research currently employs more than 800 people in six labs located in Redmond, Wash.; Cambridge, Mass.; Silicon Valley, Calif.; Cambridge, England; Beijing, China; and Bangalore, India. Microsoft Research collaborates openly with colleges and universities worldwide to enhance the teaching and learning experience, inspire technological innovation, and broadly advance the field of computer science. More information can be found at http://www.research.microsoft.com/.

About Microsoft

Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

CONTACT: Laurie Rieger, +1-925-551-5989, laurier@waggeneredstrom.com, or
Rapid Response Team, +1-503-443-7070, rrt@waggeneredstrom.com, both of
Waggener Edstrom Worldwide, for Microsoft Corp.

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

SPO Medical Reports First Quarter 2008 ResultsRevenues Increase Over 29% From Previous Quarter

NEW YORK, May 15 /PRNewswire-FirstCall/ -- SPO Medical Inc. , a leading developer of biosensor and microprocessor technologies for use in portable monitoring devices, announced its first quarter results for the period ended March 31, 2008.

Gross revenues for the period were US$1,079,000, a 29% increase over fourth quarter 2007 gross revenues. The increase in revenues was mainly attributed to greater distribution of the Company' core products, Check Mate(TM) and PulseOx 5500(TM) - the Company is now selling its products in 37 countries outside the U.S.

Additionally, during the first quarter, the Company commenced shipments of two new professional medical products; the PulseOx 6000(TM) (finger device) and PulseOx 6100(TM) (hand-held device). Both products use Reflective Pulse Oximetry (RPO) technology for accurate and reliable measurements of blood oxygen saturation and heart rate. In addition, these devices utilize the new SPO Medical AutoSpot(TM) technology for accurate measurements even with patients that suffer from low perfusion.

Michael Braunold, President and Chief Executive Officer of SPO Medical commented, "During the quarter we continued to successfully execute on our business strategy. We experienced an upturn in sales of our main product line. In addition, as promised, we began our foray into the professional healthcare market with the introduction of our two new products during the quarter, the PulseOx 6000(TM) and PulseOx 6100(TM). I am pleased to say their successful launch contributed to the improvement from the previous quarter in our top line performance." Mr. Braunold continued, "We continue to work diligently on the research and development side towards additional product launches to further complement our current product portfolio."

A more detailed description of the financial results and financial statements are contained in the most recent Quarterly Report on Form 10-QSB filed with the SEC on May 14, 2008.

About SPO Medical:

SPO Medical (SPOM) a leading developer of biosensor and microprocessor technologies for use in portable monitoring devices to capture life-saving and life-enhancing information within four key markets: medical care; home and remote-care; sports and wellness; and safety and security. Its patented technology uses information gathered from the reflectance of light on the human blood stream, in a non-invasive manner, to monitor key vital signs. The Company distributes its products through a network of distributors and also licenses its technologies to appropriate client corporations for commercialization and distribution. For more information, visit http://www.spomedical.com/

Forward Looking Statements:

This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, changes in economic conditions generally and the medical devices market specifically, changes in technology, legislative or regulatory changes that affect us, the availability of working capital, the introduction of competing products, market acceptance of our new products, changes in our operating strategy or development plans and the risks and uncertainties discussed under the heading "Risk Factors" in Item 1 of our Annual Report on Form 10-KSB for the fiscal year ended December 31, 2007. We undertake no obligation to revise or update any forward-looking statement for any reason.

Investor Contacts: SPO Medical Contact: Michael Braunold, President & CEO +1-866-991-SPOM (7766) investors@spomedical.com ACV Contact: Howard Gostfrand / David Sasso +1-305-918-7000 info@amcapventures.com

SPO Medical Inc.

CONTACT: Investor Contacts: SPO Medical Contact: Michael Braunold,
President & CEO, +1-866-991-SPOM (7766), investors@spomedical.com. ACV
Contact: Howard Gostfrand / David Sasso, +1-305-918-7000,
info@amcapventures.com

LivePerson to Host Free Webinar on Search Engine Marketing and Optimization StrategiesEvent to Feature Speakers from Leading SEM/SEO Firm

NEW YORK, May 15 /PRNewswire-FirstCall/ -- LivePerson, Inc. , a provider of online engagement solutions that facilitate real-time assistance and expert advice, today announced that the company will host a free live webinar, "SEO/SEM Optimization: Beyond Web Analytics, Interpreting Click Stream Behavior in Real Time" on May 21.

The free webinar will feature LivePerson and search engine optimization (SEO) and search engine marketing (SEM) specialists from BGT Partners, an award-winning interactive marketing agency.

Participants who tune in to the live event on May 21 will: -- Learn how to monitor website visitors in real time to evaluate the effectiveness of paid search, pay-per-click and online marketing campaigns instantly -- Hear how small and midsize business (SMB) organizations leverage LivePerson's real-time visitor information features to analyze and optimize their pay-per-click and online marketing strategies on the fly

The webinar will be broadcast live from 1:00PM to 2:00PM Eastern Time on Wednesday, May 21, 2008. To register for the live event, please visit http://solutions.liveperson.com/events/BGT_smb_webinar/.

To learn more about LivePerson's live chat and contact center for SMBs, please visit http://solutions.liveperson.com/sb/

About BGT Partners

BGT Partners is a global interactive marketing agency that helps companies strengthen their brand and business relationships through digital marketing and technology solutions. We have created interactive marketing solutions for clients such as Florida Power and Light, 2008 Beijing Olympic Committee, Ryder, Avaya, Sony, the Walt Disney World Company, and FedEx. Founded in 1996, BGT is headquartered in Miami, with offices in Chicago, New York, Los Angeles and Paris. BGT has earned the reputation as one of the Global 2000's foremost professional services firms. For more information on BGT Partners please visit http://www.bgtpartners.com/.

About LivePerson

LivePerson is a provider of online engagement solutions that facilitate real-time assistance and expert advice. Connecting businesses and experts with consumers seeking help on the Web, LivePerson's hosted software platform creates more relevant, compelling and personalized online experiences. Every month, LivePerson's intelligent platform helps millions of people succeed online; more than 6,000 companies, including EarthLink, Hewlett-Packard, Microsoft, Qwest, and Verizon, rely on LivePerson to maximize the impact of the online channel. LivePerson is headquartered in New York City.

LivePerson, Inc.

CONTACT: Younjee Kim of LivePerson, Inc., +1-212-609-4222,
ykim@liveperson.com

Web site: http://www.liveperson.com/
http://solutions.liveperson.com/events/BGT_smb_webinar
http://solutions.liveperson.com/sb
http://www.bgtpartners.com/

Valley Baptist Health System Creates Patient-Centric View of Healthcare Information with EMCHealthcare Provider Uses EMC Information Infrastructure to Retrieve Clinical and Financial Information in Seconds Versus Hours

HOPKINTON, Mass., May 15 /PRNewswire-FirstCall/ -- EMC Corporation, the world leader in information infrastructure solutions, today announced that Valley Baptist Health System has embraced an information infrastructure to quickly and cost-effectively access patients' medical histories, legal and financial information, and other records critical to providing quality patient care.

Jim Barbaglia, Senior Vice President and Chief Information Officer, Valley Baptist Health System, said, "We pride ourselves on being patient-centric, so we need to have access to a patient's electronic health record information at all times. With EMC managing and protecting all of our medical and business information, we have the technology to deliver high level care around the clock. And, as this information ages, we move it automatically to more cost-effective storage to help lower our operational costs and increase the value of our investments."

Previously, the 800-plus bed healthcare provider kept radiology images -- such as X-rays, mammograms and sonograms -- on films and stored other patient and medical information on an HP storage device. Using FUJIFILM Medical System's Picture Archiving Communications System (PACS), Valley Baptist now digitizes the radiology images for storing on EMC CLARiiON(R) systems and uses EMC DiskXtender(TM) software to automatically archive images from CLARiiON to EMC Centera(R) content-addressed storage after 12 months as defined by clinical protocol. The Valley Baptist Health cardiology department has adopted this same approach to manage cardiology images using the GE Healthcare Centricity CV PACS also integrated with CLARiiON and Centera.

"It's vastly more efficient and reliable to store our radiology and cardiology images on EMC," said Joey Govea, PACS Administrator. "With the old system, the films could be easily lost, damaged or take 30 minutes to a full hour to retrieve. Now, access is instantaneous enabling our radiologists and cardiologists to review more procedures per workday. We're also saving $28,000 per month on film and that doesn't include the cost of people who process, retrieve and deliver the film, accelerating our ROI."

Valley Baptist Medical Center-Brownsville, one of the hospitals that is part of the Texas-based health system, worked with EMC to implement its information infrastructure, which embraces policy-based solutions to automatically move historic data to lower-cost storage systems. As part of this strategy, Valley Baptist stores information from critical applications such as PACS, time and attendance, finance, PeopleSoft and Microsoft Exchange on a CLARiiON storage area network (SAN). Valley Baptist also uses Centera for storing medical power of attorney, advanced medical directives, insurance documentation and billing information. By deploying a tiered storage strategy, Valley Baptist Health efficiently and reliably manage its information retention policies to meet Protected Health Information (PHI) regulations.

"We realized 98 percent of our physicians make comparisons -- such as the progress of tumor growth or shrinkage -- in the first several months from when the images are first captured," said Ignacio Silva Director of IT operations. "Because of this care protocol, we store our medical images on the EMC CLARiiON for a year. This enables us to make better use of the high performance SAN. After this period, medical images are automatically migrated with EMC DiskXtender to EMC Centera for long-term archiving. This approach improves our SAN performance and speeds backup processes."

Valley Baptist Health also uses numerous software tools -- such as EMC MirrorView(TM), EMC Replication Manager, EMC SnapView(R) and EMC PowerPath(R) -- to replicate information to a second data center for business continuity and to maximize the availability of vital patient information stored on the 100-terabyte EMC information infrastructure. Additionally, this software enables the healthcare provider to reduce the time it takes to perform application and operating system upgrades.

"EMC provides the reliability in systems and services we need to deliver the highest quality patient care," said Silva. "The software tools are easier to use and the system is more robust than what we had before."

About Valley Baptist Health System

Valley Baptist Health System, with headquarters in Harlingen, Tex., has earned a reputation as a healthcare leader with its dedicated staff, modern facilities, state-of-the-art technology and commitment to quality, compassionate faith-based patient care. The not-for-profit health system is one of the largest in South Texas with more than 800 beds. The health system includes Valley Baptist Medical Center-Harlingen and Valley Baptist Medical Center-Brownsville, among other health care resources for the community.

About EMC Corporation

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, Centera, CLARiiON, SnapView and PowerPath are registered trademarks of EMC Corporation. DiskXtender and MirrorView are trademarks of EMC Corporation. All other trademarks are the property of their respective holders.

EMC Corporation

CONTACT: Patrick Cooley of EMC Corporation, +1-508-293-6583,
cooley_patrick@emc.com

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

Cedega Game Emulation Software Now Available to Desktop Linux Users at CNR.comCommercial Software Offering Allows Ubuntu, Linux Mint, Linspire, & Freespire Users To Play Hundreds of Popular Windows Games

SAN DIEGO, May 15 /PRNewswire/ -- Linspire, Inc., developer of CNR.com, an easy-to-use, one-click digital software delivery service for desktop Linux software, and TransGaming, Inc. (TSX-V: TNG), a leading developer of portability and graphics technologies for the electronic entertainment industry, today announced the immediate availability of Cedega 6.0 for Freespire 2.0, Linspire 6.0, Linux Mint 4.0, Ubuntu 7.04, 7.10 and 8.04 (32 bit) desktop Linux users. Available at an introductory price of $44.95 and for download and installation with one-click through CNR.com, Cedega brings the thrill of blockbuster video games to Linux users around the world (http://www.cnr.com/product/transgamingcedega).

"We are excited to offer Cedega at CNR.com as we continue to build our gaming ecosystem for the desktop Linux marketplace," said Larry Kettler, President and CEO of Linspire. "We have a longstanding partnership with TransGaming and look forward to more product offerings in the future."

Cedega enables Linux gamers to play Windows titles on their Linux OS. Triple-A video games such as Elder Scrolls IV: Oblivion, Battlefield 2142, World of WarCraft, Madden 2007, Civilization IV and many more, can be played on Linux using Cedega. This allows an easy, out-of-the-box gaming experience.

Cedega delivers a gaming experience that matches the Windows experience and Copy Protection to Direct3D and Pixel Shaders. Cedega provides the gaming experience along with all the Linux capabilities users have come to rely upon without having to reboot their computer to Windows to play. Cedega's remarkably intuitive GUI enables Linux gamers to do things that are impossible on Windows. With one action, users can set configurations across every game they have installed. Updating, deleting, moving, and even troubleshooting of every game is accessed from a single, easy-to-use interface.

"We are very pleased to be working with Linspire once again," commented Vikas Gupta, CEO & President of TransGaming. "Given how prevalent and important video gaming is as part of the desktop experience, the addition of Cedega to CNR enriches the Linux offering and rounds out the experience for consumers."

CNR.com has over 900 free and commercial software games from classic arcade games, to action games, adventure games, puzzles, boardgames as well as game emulators and more, all accessible in one click.

For all commercial Linux games publishers and ISVs, CNR.com provides a free Publisher Program that enables vendors to quickly get their software products out to the growing desktop Linux market. For more information please email publishers@cnr.com.

Pricing & Availability: Basic CNR Price $60.00 Premium CNR Price $44.95

Available immediately through CNR.com at http://www.cnr.com/product/transgamingcedega

About CNR.com

CNR.com (http://www.cnr.com/) is a free one-click software delivery service designed to standardize the process and eliminate the complexity of finding, installing and managing Linux software for the most popular desktop Linux distributions, both Debian and RPM-based. A free service requiring no registration to use, CNR.com users get the most extensive free resource available anywhere for desktop Linux software. As part of CNR.com, a Premium CNR Service provides users a number of features and value, including discounts on all commercial Linux software applications available through CNR.com. Search from tens of thousands of Linux software programs, packages and libraries by title, popularity, similar software, category or function, and with just one click, install the software right on to your computer.

About Linspire

Linspire, Inc. (http://www.linspire.com/) was founded in 2001 to bring choice into the operating system market. The company's flagship product, the Linspire operating system, is an affordable, easy-to-use Linux-based operating system for home, school, and business users.

About TransGaming, Inc.

TransGaming Inc. is a leader in the development of unique software portability products that facilitate the deployment of games across multiple platforms. TransGaming's portability technologies significantly reduce the time-to-market for and costs associated with multi-platform game releases. TransGaming works with many of the industry's leading developers and publishers to enable their games on the Mac and Linux systems, and currently markets its products under four brand names: Cider(TM) (Mac gaming), Cedega(TM) (Linux gaming), SwiftShader(TM) (Graphics), and GameTreeOnline.com (Retail game sales). TransGaming is headquartered in Toronto, Canada and maintains a research and development centre in Ottawa, Canada. To learn more about TransGaming's products visit http://www.transgaming.com/.

For more information please contact: Linspire, Inc. 858-587-6700 ext 183 858-587-8095 Fax pr@linspireinc.com

Linspire, Inc.

CONTACT: Linspire, Inc., +1-858-587-6700, ext 183, Fax, +1-858-587-8095,
pr@linspireinc.com

Web site: http://www.linspire.com/
http://www.transgaming.com/
http://www.cnr.com/

Software to Help Schools Measure Environmental Impact Wins Microsoft AwardTR Control Solutions' ecoDriver Schools software educates youth on energy efficiency and empowers students to change behavior.

REDMOND, Wash., May 15 /PRNewswire-FirstCall/ -- The spirit of innovation among Microsoft Corp.'s partner community was celebrated today as TR Control Solutions Ltd. was announced as the first Platinum Ingenuity Point Award winner for its ecoDriver Schools solution. The award is a culmination of Microsoft's Ingenuity Point contest, a worldwide competition open to independent software vendors (ISVs) that build solutions on Microsoft technology with the potential to address some of the world's biggest challenges in the areas of education, healthcare and environmental sustainability.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

"At Microsoft, we have always believed that computer technology coupled with the magic of software provides powerful tools for tackling some of the world's toughest problems," said Bill Gates, chairman of Microsoft. "The Ingenuity Point contest is one of the ways Microsoft recognizes innovative solutions developed by our partners to improve people's lives by increasing literacy, improving healthcare and addressing environmental sustainability."

Chosen from six Gold Award finalists from two phases of the yearlong competition, TR Control Solutions' ecoDriver Schools solution helps raise awareness and reduce the carbon footprint in schools. Based on Windows and Microsoft .NET technologies, ecoDriver Schools monitors energy and water use and provides information and analysis that can then inform conservation plans, classroom education and student activities.

"We are thrilled to be selected as the Platinum Award winner for the Ingenuity Point contest," said John Taylor, founder of TR Control Solutions, who co-developed ecoDriver Schools with company director Robert Battye. "In creating ecoDriver Schools, we focused on developing a solution that would serve as a foundation for sustainable development, while also providing an education tool to channel the enthusiasm of students who want to make a difference."

ecoDriver Schools makes it possible for administrators, teachers, and students to track, manage, and report on a school's consumption of resources by reflecting the consumption levels -- and the cost of that consumption -- on a large-screen monitor, where it shows up in visual dashboards with line and bar graphs, as well as numeric readouts. The same information -- including kilowatt-hour usage and expense for every day of the month and every month of the year, as well as carbon dioxide production data and comparisons with the previous year -- also can be accessed though the system. Schools can track how changes in behavior will save energy and money and reduce the school's carbon footprint, while also drawing on a resource to help educate children on ways to work together to minimize the environmental impact of their respective schools.

Microsoft's chief environmental strategist and one of the judges of the Ingenuity Point contest, Rob Bernard, said the ecoDriver solution is an excellent example of how technology can help drive positive change for the world's most urgent challenges.

"The goal of Microsoft's Ingenuity Point contest is to recognize the passion and innovation behind technology solutions developed by our partners that help address global challenges," Bernard said. "By developing a powerful solution with the potential to address climate change head-on, while also educating young people about responsible energy use, TR Control Solutions' ecoDriver solution embodies the very heart of this competition."

As a Platinum Ingenuity Point Award recipient, TR Control Solutions will serve as a guest judge in the global finals of Microsoft Imagine Cup 2008, held in Paris from July 3-8.

More information on the ecoDriver Schools solution, Ingenuity Point and future competitions can be found at http://www.theingenuitypoint.com/main/default.aspx.

Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

CONTACT: Manny Rivera, +1-503-443-7000, mrivera@waggeneredstrom.com, or
Rapid Response Team, +1-503-443-7070, rrt@waggeneredstrom.com, both of
Waggener Edstrom Worldwide, for Microsoft Corp.

Web site: http://www.microsoft.com/
http://www.theingenuitypoint.com/main/default.aspx

NeoMagic(R) Corporation Announces Fiscal Q1 2009 Conference Call

SANTA CLARA, Calif., May 15 /PRNewswire-FirstCall/ -- NeoMagic Corporation , today announced that it will hold its conference call to discuss its first quarter fiscal 2009 results on Tuesday, May 20, 2008 at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time).

This call is being webcast and can be accessed on NeoMagic's website at http://www.neomagic.com/. The call can also be accessed via telephone by dialing 866-238-0826 in the U.S. and 703-639-1158 internationally. There is no passcode for the live call. An audio replay of the call will be available for seven days beginning May 20th at 12:30 p.m. Eastern Time (9:30 a.m. Pacific Time). The replay number is 888-266-2081 in the U.S. and 703-925-2533 internationally. The passcode for the replay is 1240311.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at http://www.fulldisclosure.com/ or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call at http://www.streetevents.com/.

The webcast replay will be available on May 20, 2008, at approximately 12:30 p.m. Eastern Time (9:30 a.m. Pacific Time) and remain available until midnight on Tuesday, May 27, 2008.

About NeoMagic

NeoMagic Corporation delivers semiconductor chips and software that enable new multimedia features for handheld devices. These solutions offer low power consumption, small form-factor and high performance processing. The Company demonstrated one of the first solutions used for H.264 video decoding in a mobile digital TV phone, and is developing and delivering solutions for audio/video processing of the dominant mobile digital TV standards, including ISDB-T, T-DMB and DVB-H. For its complete system solution, NeoMagic delivers a suite of middleware and sample applications for imaging, video and audio functionality, and provides multiple operating system ports with customized drivers for the MiMagic product family. NeoMagic has a strong patent portfolio that covers NeoMagic's proprietary array processing and other technology. Information on the Company may be found at http://www.neomagic.com/.

NeoMagic and the NeoMagic circle logo are registered trademarks, and MiMagic and NeoMobileTV are trademarks, of NeoMagic Corporation. All other trademarks are the property of their respective owners. NeoMagic disclaims any proprietary interest in the marks and names of others.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020802/NMGCLOGO)

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020802/NMGCLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com NeoMagic Corporation

CONTACT: Steve Berry, Chief Financial Officer of NeoMagic Corporation,
+1-408-988-7020; or Investors, Erica Mannion of Sapphire Investor Relations,
LLC, +1-212-766-1800, for NeoMagic Corporation

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

Synopsys Adds 30 New Titles to DesignWare System-Level LibraryNew Components Include Simulator-Independent SystemC Models of PowerPC, MIPS CPUs and DesignWare Cores

MOUNTAIN VIEW, Calif., May 15 /PRNewswire-FirstCall/ -- Synopsys, Inc. , a world leader in software and IP for semiconductor design and manufacturing, today announced the immediate availability of 30 new titles in the DesignWare(R) System-Level Library. The new members of the Library include high-performance transaction-level models (TLMs) for PowerPC(R), MIPS, and DesignWare IP. DesignWare System-Level Library models significantly reduce the time to create virtual platforms and are written in SystemC to work in any IEEE 1666 (SystemC)-compliant simulation environment.

Virtual platforms are fast, full-function simulation models of hardware that enable development and integration of software months before hardware is available. Transaction-level models (TLM) are the basic building blocks required to build virtual platforms for early software development, hardware/software co-design, architectural exploration and system verification. The DesignWare System-Level Library is the industry's most comprehensive portfolio of tool-independent, standards-based TLMs, a primary reason that IBM selected Synopsys for distribution of its SystemC-based PowerPC models.

"Synopsys' market position in the IP space made the DesignWare System- Level Library a natural choice to distribute our processor models," said Mike McGinnis, IBM's program director for PowerPC licensing. "Open standards are crucial to enable growth of a broader system-level ecosystem, and our mutual customers will benefit from the tool-independence of our SystemC models."

The DesignWare System-Level Library now features more than 80 TLMs. New high-performance models of the PowerPC 405, 440, and 460 and MIPS 4Kc complement the Library's existing models of ARM(R) processors. In addition, TLMs for Synopsys' DesignWare PCI Express 2.0 and Gigabit Ethernet Media Access Controller (GMAC) join other DesignWare IP, such as USB 2.0 HS OTG, SATA AHCI and AMBA(R) interconnect components, in the Library. Several peripheral components include Virtual I/O capability, which allows communication over the host Ethernet or USB connection of the computer executing the virtual platform. Also included are pre-assembled models of complete PowerPC and MIPS 4Kc platforms which can be used as reference designs for driver development or as a starting point for building larger virtual platforms.

Synopsys will showcase the DesignWare System-Level Library and its Innovator virtual platform development tools as a Gold Sponsor at the upcoming Power Architecture Conference (http://www.power.org/events/powercon/) being held in Munich and Paris during May 2008. The solutions will also be exhibited at the Design Automation Conference in Anaheim in June.

"IBM's choice of the DesignWare System-Level Library as a distribution vehicle for their PowerPC models builds additional value into the Library and we look forward to including models from more partners in the future," said John Koeter, senior director of marketing for IP and Services at Synopsys. "With the upcoming ratification of the SystemC TLM-2.0 standard and our DesignWare System-Level Library's compliance with TLM-2.0, we can help to ensure model interoperability for the creation of virtual platforms to accelerate software development. It makes adopting Synopsys' broad array of popular IP titles a safe investment for our customers."

Availability

The new titles, including the instruction-accurate MIPS 4Kc and cycle- accurate PowerPC 405, 440, and 460 transaction-level models, are available now. The instruction-accurate PowerPC transaction-level models will be available in June. For more information, visit http://www.designware.com/sll.

About DesignWare IP

Synopsys offers a broad portfolio of high-quality, silicon-proven digital, mixed-signal and verification IP for system-on-chip designs. As a leading provider of connectivity IP, Synopsys delivers the industry's most complete solutions for widely used protocols such as USB, PCI Express, SATA, Ethernet and DDR. In addition to connectivity IP, Synopsys offers SystemC transaction level models to build virtual platforms for rapid, pre-silicon development of software. When combined with a robust IP development methodology, extensive investment in quality and comprehensive technical support, DesignWare IP enables designers to accelerate time-to-market and reduce integration risk. For more information on DesignWare IP, visit http://www.synopsys.com/designware.

About Synopsys

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

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

ARM and AMBA are registered trademarks of ARM Limited. "ARM" is used to represent ARM Holdings plc; its operating company ARM Limited; and the regional subsidiaries ARM INC.; ARM KK; ARM Korea Ltd.; ARM Taiwan; ARM France SAS; ARM Consulting (Shanghai) Co. Ltd.; ARM Belgium N.V.; AXYS Design Automation Inc.; AXYS GmbH; ARM Embedded Solutions Pvt. Ltd.; and ARM Norway, AS.

IBM and PowerPC are registered trademarks of IBM. Editorial Contacts: Yvette Huygen Synopsys, Inc. 650-584-4547 yvetteh@synopsys.com Ellen Van Etten MCA 970-778-6094 evanetten@mcapr.com

Synopsys, Inc.

CONTACT: Yvette Huygen of Synopsys, Inc., +1-650-584-4547,
yvetteh@synopsys.com; or Ellen Van Etten of MCA, +1-970-778-6094,
evanetten@mcapr.com, for Synopsys, Inc.

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

Lexmark to participate in Sanford C. Bernstein's 24th Annual Strategic Decisions Conference

LEXINGTON, Ky., May 15 /PRNewswire-FirstCall/ -- Lexmark International, Inc. today announced that Paul J. Curlander, Lexmark chairman and chief executive officer, will participate in Sanford C. Bernstein's 24th Annual Strategic Decisions Conference on Thursday, May 29, in New York.

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

About Lexmark

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

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

Lexmark International, Inc.

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

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

Rentrak Retail Essentials and Home Video Essentials Announces Top DVD Sales and Rentals for Week Ending May 11, 2008

LOS ANGELES, May 15 /PRNewswire-FirstCall/ -- Rentrak Home Video and Retail Essentials, a business unit of Rentrak Corporation , today announced the top DVD sales and rentals for the period of May 5 through May 11, 2008 according to the company's innovative tracking service featuring retail point-of-sale and rental data tracking and market intelligence.

The ten top selling DVDs and the top ten most rented motion pictures, per data collected for the week ending May 11, 2008 include:

Rentrak Top 10 Selling DVDs* RANK TITLE STUDIO WEEKS IN RELEASE 1 P.S. I Love You WAR 1 2 First Sunday SNY 1 3 27 Dresses FOX 2 4 The Golden Compass NL 2 5 Over Her Dead Body NL 1 6 Juno FOX 4 7 Cloverfield PAR 3 8 Alvin and the Chipmunks FOX 6 9 Charlie Wilson's War UNI 3 10 Alien Vs. Predator: Requiem FOX 4 *Week ended May 10, 2008 Rentrak Top 10 Renting DVDs RANK TITLE STUDIO WEEKS IN RELEASE 1 P.S. I Love You WAR 1 2 27 Dresses FOX 2 3 First Sunday SNY 1 4 The Golden Compass NL 2 5 Juno FOX 4 6 Cloverfield PAR 3 7 Over Her Dead Body NL 1 8 Charlie Wilson's War UNI 3 9 In the Name Of The King FOX 4 10 I Am Legend WAR 8 About Retail Essentials(R)

Retail Essentials measures weekly consumer sales activity on standard DVD and Blu-ray Disc titles in the U.S. brick-and-mortar channel. No other service provides faster access to in-depth market data and weekly estimations of gross consumer spending. Rentrak delivers sell-through data broken down by DVD format, category, genre, TV market and more, within 72 hours after the close of each business week. Clients can access current, weekly, and historical title sales data to competitively benchmark industry performance.

About Home Video Essentials(R)

Home Video Essentials is Rentrak's exclusive point-of-sale (POS) tracking system which measures title-level performance via rental transactions on over 65,000 DVD and video game properties in the brick-and-mortar, online, and kiosk channels across North America. Rentrak is the world's largest processor of rental data, tracking in excess of one billion transactions each year from more than 13,700 storefronts within 72 hours after the close of each business week. Clients are able to identify consumer trends, quantify performance, and benchmark findings against the broader business sector.

About Rentrak Corporation

Rentrak Corporation, based in Portland, Oregon, is an information management company serving clients in the media, entertainment, retail, advertising and manufacturing industries. The company's Entertainment Essentials(R) suite of services is redefining media measurement in the digital broadband era. Entertainment Essentials provides customers with near-real- time, actionable insight into performance of content distributed over a wide variety of modern media technologies. Available by license or subscription, each Entertainment Essentials application allows executives to analyze detailed industry-wide and title-specific data to make decisions that enhance the bottom line and provide competitive advantage. For further information, please visit Rental's corporate Web site at http://www.rentrak.com/.

Contacts: Sallie Olmsted/Amanda Bartz Rentrak Corporation 310-854-8124/8151

Rentrak Corporation

CONTACT: Sallie Olmsted, +1-310-854-8124, or Amanda Bartz,
+1-310-854-8151, both of Rentrak Corporation

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

CVD Equipment Corporation Announces Record First Quarter Revenues

RONKONKOMA, N.Y., May 15 /PRNewswire-FirstCall/ -- CVD Equipment Corporation today announced record first quarter revenues and its fourteenth consecutive profitable quarter.

Revenue for the first quarter ending March 31, 2008 was approximately $4,043,000, compared to $3,811,000 for the quarter ending March 31, 2007, an increase of 6.1% as we continue to experience an increasing demand for our products. The overall gross profit percentage decreased to 30.1% for the current quarter compared to 33.0% for the same period one year ago. The decrease is a result of adding engineering and production personnel necessitated by the increase in orders, the expansion plans with our First Nano Laboratory and our new product development in the Nanomaterials, Solar, Energy and Semiconductor fields. General and administrative expenses for the three months ending March 31, 2008 increased by approximately $259,000 or 33.5% primarily as a result of having to expense $160,000 of additional workers' compensation contributions for the years 2000 through the first quarter of 2006. As a member of a self insured trust which was found to be underfunded we are liable for our share of the fund's shortfalls. Due to our expansion, we also incurred increased payroll and benefit costs, stock-based compensation and other professional fees during the three months ended March 31, 2008.

As a result of the aforementioned increases in costs our net income for the current quarter was approximately $19,000 or $0.00 per share basic and diluted compared to $96,000 or $0.03 per share basic and diluted for the quarter ending March 31, 2007

As of March 31, 2008 the Company's backlog was approximately $3,364,000, a decrease of $1,723,000 or 33.9% compared to $5,087,000 at December 31, 2007. Timing for completion of the backlog varies depending on the product mix, however, there is generally a one to six month lag in the completion and shipping of backlogged product. Backlog from quarter to quarter can vary based on the timing of order placements and shipments.

Leonard Rosenbaum, President and Chief Executive Officer stated, "Our record first quarter revenues and quotation activity show a strong acceptance of our equipment platforms. The additional sales, engineering and manufacturing expenditures we are currently incurring will further broaden the First Nano and CVD product lines. The First Nano Laboratory expansion will enable us to further demonstrate our new and existing equipment platforms, processes and IP. In addition, the programs we are developing with universities and industry for next generation products in the Nano Technology, Solar, Energy and Semiconductor fields will provide for our long term continuous growth. These factors will keep us on track with continued revenue growth in 2008 and provide a steady increase in revenue and profitability for future years."

CVD Equipment Corporation, is a global designer, manufacturer and supplier of equipment for use in manufacturing semiconductors, solar cells, carbon nanotubes, nanowires and equipment for surface mounting of components onto printed circuit boards.

Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in CVD Equipment Corporation's filings with the Securities and Exchange Commission. In addition, such statements could be affected by risks and uncertainties related to product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on CVD Equipment Corporation's website does not constitute a part of this release.

CVD Equipment Corporation Comparative Operating Results for the Three Months ended March 31, 2008 2007 Revenue $4,043,000 $3,811,000 Cost of revenue 2,826,000 2,555,000 Gross profit 1,217,000 1,256,000 Operating expenses 1,214,000 1,052,000 Net income 19,000 96,000 Net income Per share basic $0.00 $0.03 Per share diluted 0.00 0.03 Weighted average shares of common stock outstanding Basic 4,732,016 3,284,589 Diluted 4,766,245 3,413,792

CVD Equipment Corporation

CONTACT: Karen Hamberg of CVD Equipment Corporation, +1-631-981-7081,
Fax: +1-631-981-7095, info@cvdequipment.com

Web site: http://cvdequipment.com/

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News archive of November 2009
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