WD(R) My DVR Expander External Hard Drive More Than Doubles High Definition DVR Recording Hours for DISH Network(R) CustomersCompany Unveils My DVR Expander (TM) USB Edition(TM) External Hard Drives for DISH Network ViP Series HD DVRs

LAKE FOREST, Calif. and ENGLEWOOD, Colo., May 15 /PRNewswire-FirstCall/ -- Just in time to make a perfect Father's Day gift, WD(R) today introduced its new My DVR Expander(TM) USB Edition(TM) external hard drives that are verified compatible with DISH Network Corporation's ViP Series HD DVRs (digital video recorders). The new 500 GB external drive increases the recording capacity of the DISH HD DVRs by storing up to 300 hours of digital standard-definition (SD) or up to 60 hours of high-definition (HD) television programming(1). Users can instantly increase(2) their recording storage capacity by simply attaching the My DVR Expander USB Edition drive to their DISH Network ViP Series HD DVRs.

"WD's My DVR Expander provides an ideal complement to the innovative archiving feature of DISH Network's award-winning line of ViP HD DVRs," said Jessica Insalaco, senior vice president and chief marketing officer for DISH Network. "Combined with the already industry-leading storage capacity of our DVRs, DISH Network customers can create and control their own on-demand programming -- reinforcing DISH Network's leadership in digital entertainment."

"With the continued expansion of available HD programming, there is a growing consumer demand for additional storage. The My DVR Expander USB Edition allows DISH customers to record more HD programs without worrying about having to delete their favorite shows," said Jim Welsh, vice president and general manager of WD's branded products and consumer electronics businesses.

Cool, Quiet, Eco-friendly

The new drives include a unique no-fan passive cooling system and an eco-friendly WD AV-GP hard drive with GreenPower(TM) technology, making it quiet and ideal for use in living rooms or bedrooms, while consuming up to one-third less power than standard external hard drives.

Compatibility

The My DVR Expander USB Edition external hard drive has been successfully tested for compatibility with DISH Network ViP Series HD DVRs. Further compatibility of the My DVR Expander drive is planned as other cable and satellite DVR manufacturers enable the USB ports on their currently-deployed DVRs.

Availability and Pricing

WD's My DVR Expander USB Edition external hard drive is available now in the United States by ordering online from WD at http://www.shopwd.com/. MSRP for the My DVR Expander USB Edition drive with 500 GB is $149.99 USD.

More information on using the My DVR Expander USB Edition external drive with DISH Network's ViP HD-DVRs may be found at http://www.dishnetwork.com/content/our_products/dish_hd/external_hd/index.shtm l.

About WD

WD, one of the storage industry's pioneers and long-time leaders, provides products and services for people and organizations that collect, manage and use digital information. The company produces reliable, high-performance hard drives that keep users' data accessible and secure from loss. WD applies its storage expertise to consumer products for external, portable and shared storage applications.

WD was founded in 1970. The company's storage products are marketed to leading systems manufacturers, selected resellers and retailers under the Western Digital and WD brand names. Visit the Investor section of the company's Web site (http://www.westerndigital.com/) to access a variety of financial and investor information.

About DISH Network Corporation

DISH Network Corporation provides more than 13.78 million satellite TV customers with industry-leading customer satisfaction, which has surpassed major cable companies for seven years running. DISH Network customers also enjoy access to a premier line of award-winning Digital Video Recorders (DVRs), hundreds of video and audio channels, the most International channels in the U.S., industry-leading Interactive TV applications, Latino programming, and the best sports and movies in HD. DISH Network offers a variety of package and price options including the lowest all-digital price in America, the DishDVR Advantage Package, high-speed Internet service, and a free upgrade to the best HD DVR in the industry. DISH Network is included in the Nasdaq-100 Index (NDX) and is a Fortune 300 company. Visit http://www.dishnetwork.com/aboutus or call 1-800-333-DISH (3474) for more information.

Western Digital, WD and the WD logo are registered trademarks; My DVR Expander and GreenPower are trademarks of Western Digital Technologies, Inc. All other brand and product names mentioned herein are the property of their respective companies. Product specifications are subject to change without notice.

(1) My DVR Expander USB Edition is designed to increase the recording capability of a single DVR. The total program hours that can be stored depends upon the format and data rate of the programming source, operating environment and other factors. Your results may vary. One gigabyte (GB) = one billion bytes. One terabyte (TB) = one trillion bytes. Total accessible capacity varies depending on operating environment. (2) Requires port activation; fees may apply. (Photo: http://www.newscom.com/cgi-bin/prnh/20080515/LATH033) (Logo: http://www.newscom.com/cgi-bin/prnh/20000711/WDCLOGO)

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080515/LATH033
http://www.newscom.com/cgi-bin/prnh/20000711/WDCLOGO
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN6
PRN Photo Desk, photodesk@prnewswire.com Western Digital Technologies

CONTACT: Constance A. Griffiths, WD Press Relations, +1-949-672-7891,
Constance.Griffiths@wdc.com, or Bob Blair, WD Investor Relations,
+1-949-672-7834, Robert.Blair@wdc.com, both of Western Digital Technologies

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

FiberNet Increases Stock Repurchase Program by 50%

NEW YORK, May 15 /PRNewswire-FirstCall/ -- FiberNet Telecom Group, Inc. , a leading provider of complex interconnection services, today announced that its Board of Directors has authorized the increase of the Company's stock repurchase program to $7.5 million from $5.0 million. Under this program, the Company may repurchase its common stock, either through open market purchases or in private transactions.

The timing and amount of the shares to be repurchased will be based on market conditions, the business environment, corporate and regulatory requirements, and other factors, including the availability of capital resources and alternative investment opportunities. The Company will finance the repurchase program with cash flow from operations and a term loan facility under the Company's existing credit agreement.

Jon A. DeLuca, President and CEO, stated, "Our strong financial performance and balance sheet have enabled us to increase this program. Together with our recently announced national network expansion, we believe that we have a balanced capital allocation program to increase shareholder value over the long term."

To date, the Company has repurchased 341,000 shares of common stock for a total consideration of $2.7 million, and the Company has not borrowed any funds from the term loan facility intended for the stock repurchase.

The repurchase program, which was previously scheduled to terminate on December 31, 2008, has been extended through June 30, 2009, and it may be modified or discontinued at any time and without notice. Purchases may be made pursuant to a program adopted under Rule 10b5-1 of the Securities Exchange Act. The Company is not obligated to purchase any shares or any specific number or amount of shares.

About FiberNet Telecom Group, Inc.

FiberNet Telecom Group, Inc. owns and operates integrated colocation facilities and diverse transport routes in the two gateway markets of New York/New Jersey and Los Angeles, designed to provide comprehensive broadband interconnectivity enabling the exchange of traffic over multiple networks. FiberNet's customized connectivity infrastructure provides an advanced, high bandwidth, fiber-optic solution to support the demand for network capacity and to facilitate the interconnection of multiple carriers' and customers' networks. For additional information about FiberNet, visit the company's website at http://www.ftgx.com/ .

Various remarks that we may make about FiberNet's future expectations, plans and prospects constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Such remarks are valid only as of today, and we disclaim any obligation to update this information. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in FiberNet's most recent Annual Report on Form 10-K, which is on file with the Securities and Exchange Commission.

FiberNet Telecom Group, Inc.

CONTACT: Norma I. Salcido of FiberNet Telecom Group, Inc.,
+1-212-405-6210, investor.relations@ftgx.com

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

FiberNet CFO to Present at Kaufman Bros. Next-Generation Infrastructure Tech & Services Conference

NEW YORK, May 15 /PRNewswire-FirstCall/ -- On May 22, 2008, Charles Wiesenhart, Jr., Vice President of Finance and CFO of FiberNet Telecom Group, Inc. , a leading provider of complex interconnection services, will present at the Kaufman Bros. Next-Generation Infrastructure Tech & Services Conference.

Held in New York, this event will showcase 15 leading companies in the Infrastructure Technology and Services industry, while providing an intimate setting for corporate management to meet with institutional investors.

For more information, please visit http://www.kbro.com/Infrastr_TechServices.html.

About FiberNet Telecom Group, Inc.

FiberNet Telecom Group, Inc. owns and operates integrated interconnection facilities and diverse transport routes in the two gateway markets of New York/New Jersey and Los Angeles, designed to provide comprehensive broadband interconnectivity enabling the exchange of traffic over multiple networks. FiberNet's customized connectivity infrastructure provides an advanced, high bandwidth, fiber-optic solution to support the demand for network capacity and to facilitate the interconnection of multiple carriers' and customers' networks. For additional information about FiberNet, visit the company's website at http://www.ftgx.com/.

Various remarks that we may make about FiberNet's future expectations, plans and prospects constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Such remarks are valid only as of today, and we disclaim any obligation to update this information. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in FiberNet's most recent Annual Report on Form 10-K, which is on file with the Securities and Exchange Commission.

FiberNet Telecom Group, Inc.

CONTACT: Norma I. Salcido, FiberNet Telecom Group Inc., +1-212-405-6210,
norma.salcido@ftgx.com

Web site: http://www.ftgx.com/
http://www.kbro.com/Infrastr_TechServices.html

SAIC to Hold Annual Meeting of Stockholders on May 30, 2008

SAN DIEGO and MCLEAN, Va., May 15 /PRNewswire-FirstCall/ -- SAIC, Inc. will hold its Annual Meeting of Stockholders at 1 p.m. Eastern time on Friday, May 30, 2008, at the SAIC Conference Center, 1710 SAIC Drive, McLean, Va.

A real-time audio webcast of the meeting will be available at http://investors.saic.com/ and an archive of the event will be available through the same link the day after the meeting.

Stockholders also can listen to the live meeting by dialing (888) 238-4246 (U.S./Canada) or (706) 758-4835 (International/Local) and asking for the "SAIC Annual Meeting of Stockholders." The company's 2008 Proxy Statement and its Annual Report on Form 10-K for fiscal year ended January 31, 2008 are available online at http://investors.saic.com/ under SEC Filings.

About SAIC

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

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

Contact: Media Relations Investor Relations Laura Luke Stuart Davis (703) 676-6533 (703) 676-2283 laura.luke@saic.com stuart.davis@saic.com

SAIC, Inc.

CONTACT: Media Relations, Laura Luke, +1-703-676-6533,
laura.luke@saic.com; Investor Relations, Stuart Davis, +1-703-676-2283,
stuart.davis@saic.com

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

Pro-Dex, Inc. Announces Fiscal 2008 Third Quarter Financial Results Conference Call and Webcast

IRVINE, Calif., May 7 /PRNewswire-FirstCall/ -- PRO-DEX, INC. invites shareholders and investors to listen to a broadcast review of the Company's fiscal 2008 third quarter financial results, and a discussion of the outlook for the fourth quarter.

The call is scheduled to be broadcast live over the Internet on Thursday, May 15, 2008 at 4:30 p.m. Eastern Time and may be accessed by visiting the Company's website at http://www.pro-dex.com/. Mark Murphy, Chief Executive Officer and Jeff Ritchey, Chief Financial Officer, plan to host the call. If you would like to join the call, dial (866) 323-3543 U.S. and (706) 679-0672 International, conference I.D. 46906033. You may identify the call as the Pro-Dex Third Quarter Earnings Call.

An online archive of the broadcast will be available within one hour of the completion of the call and will be accessible on the Company's website for 30 days. Additionally, a telephone replay will be available 2 hours after the call for 48 hours by dialing (800) 642-1687 U.S. or (706) 645-9291 for international callers, conference ID number 46906033.

Pro-Dex Inc., with operations in Santa Ana, California; Beaverton, Oregon and Carson City Nevada, specializes in bringing speed to market in the development and manufacture of technology-based solutions that incorporate embedded motion control, miniature rotary drive systems and fractional horsepower DC motors, serving the medical, dental, semi-conductor, scientific research and aerospace markets. Pro-Dex's products are found in hospitals, dental offices, medical engineering labs, scientific research facilities and high tech manufacturing operations around the world.

For more information, visit the Company's website at http://www.pro-dex.com/.

Statements herein concerning the Company's plans, growth and strategies may include 'forward-looking statements' within the context of the federal securities laws. Statements regarding the Company's future events, developments and future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. The Company's actual results may differ materially from those suggested as a result of various factors. Interested parties should refer to the disclosure concerning the operational and business concerns of the Company set forth in the Company's filings with the Securities and Exchange Commission.

Pro-Dex, Inc.

CONTACT: Mark Murphy, Chief Executive Officer of Pro-Dex, Inc.,
+1-714-241-4411; or Jeff Stanlis, Investor Relations of Hayden Communications,
Inc., +1-602-476-1821

Web site: http://www.pro-dex.com/

TDS Webcasts 2008 Annual Meeting of the Shareholders

CHICAGO, May 15 /PRNewswire-FirstCall/ -- Telephone and Data Systems, Inc. announces the following Webcast:

What: TDS 2008 Annual Meeting of the Shareholders When: May 22, 2008 @ 11:00 EDT Where: http://www.videonewswire.com/event.asp?id=48515 How: Live over the Internet -- Simply log on to the web at the address above. Contact: Julie Mathews, 312/592-5341

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

TDS is a diversified telecommunications corporation founded in 1969. Through its business units, U.S. Cellular and TDS Telecom, TDS operates primarily by providing wireless, local telephone and broadband services.

Audio: http://www.videonewswire.com/event.asp?id=48515 Telephone and Data Systems, Inc.

CONTACT: Julie Mathews of Telephone and Data Systems, Inc.,
+1-312-592-5341

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

Exar Corporation's Fiscal 2008 Fourth Quarter and Year-End Financial Results Conference Call Scheduled

FREMONT, Calif., May 5 /PRNewswire-FirstCall/ -- Exar Corporation will hold its fiscal 2008 fourth quarter and year-end financial results conference call on May 15, 2008 at 1:30 p.m. PDT/4:30 EDT. Exar will release its fiscal 2008 financial results following the market close on May 15, 2008. To access the conference call, please dial 888-428-4479 after 1:20 p.m. PDT/4:20 p.m. EDT. In addition, a live webcast will be available on Exar's Investors' Homepage at: http://www.exar.com/. A replay of the conference call will be available starting at 5:00 p.m. PDT/8:00 p.m. EDT the day of the call until 11:59 p.m. PDT on May 22, 2008/2:59 a.m. EDT on May 23, 2008. To access the replay, please dial 800-475-6701 and use conference ID number 920564.

About Exar

Exar Corporation is Powering Connectivity by delivering highly differentiated silicon solutions empowering products to connect. With distinctive knowledge in analog and digital technologies, Exar enables a wide array of applications such as portable devices, home media gateways, communications systems, and industrial automation equipment. Exar has locations worldwide providing real-time system-level support to drive rapid product innovation. For more information about Exar visit: http://www.exar.com/.

Exar Corporation

CONTACT: Greg Kaufman, Marketing Communications of Exar Corporation,
+1-510-668-7121

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

QSGI Reports First Quarter 2008 Financial Results

HIGHTSTOWN, N.J. and PALM BEACH, Fla., May 15 /PRNewswire-FirstCall/ -- QSGI Inc. (BULLETIN BOARD: QSGI) , the only provider of a full suite of information technology solutions to help corporations better manage IT assets, data center maintenance expenses, and ensure best practices for data security and regulatory compliance, today reported financial results for the three months ended March 31, 2008.

Recent Developments: -- 24.7% increase in revenue within Data Center Maintenance division; added 5 new maintenance accounts while also expanding service contracts within existing accounts -- 32.3% increase in revenue within Data Security & Compliance division, including a 177% increase in Data Security & Compliance services revenue -- Signed agreement to acquire Contemporary Computer Services, Inc., an enterprise class IT services provider with approximately $13.7 million of revenue and $2.1 million of EBITDA in 2007 -- Signed Memorandum of Understanding with IBM Global Financing to provide on-site data security and compliance services at customer locations

Marc Sherman, chairman and chief executive officer of QSGI, commented, "Events in the first half of 2008 have enabled us to advance our mission of repositioning the company into a full service, nationwide data center maintenance and IT services organization. Our Data Center Maintenance division added 5 new accounts in the first quarter alone, including a number of Fortune 500 clients, as we achieved another quarter of solid double-digit revenue growth. Within our Data Security & Compliance Services division, we announced the signing of a Memorandum of Understanding (MOU) with IBM Global Financing (IGF), whereby IGF will offer its customers QSGI's data audit and erasure services. This was an important milestone and validation of our process, and we look forward to working closely with IBM. Overall, we added a number of new clients for our Data Security & Compliance services in the first quarter of 2008, as reflected by a 177% increase in our services revenue. We have been building a solid foundation for the company, and will add another key component of our strategy with the planned acquisition of Contemporary Computer Services, Inc. (CCSI), an enterprise class IT services provider. These developments, combined with the cost-saving measures put into place at year-end 2007, which we continue to implement, along with the continuing growth of our Fortune 1000 customer base, are paving the way for sustained growth and are establishing a path to profitability as we increase the mix of recurring, higher margin IT services."

Mr. Sherman continued, "CCSI is a network management and systems integration company that brings value and growth opportunities to QSGI through its extensive list of customers, high recurring revenue and its track record for generating positive EBITDA and net income. CCSI had revenue of $13.7 million in 2007, up from $11 million in 2006 and generated $2.1 million in EBITDA last year. Through this acquisition, we feel QSGI will have a broader range of IT services to offer our customers along with the addition of highly skilled technicians to provide data maintenance services. We are working to complete this transaction as soon as possible.

"We recognize that our losses in the first quarter were significant, which we attribute to the negative impact from the change in an OEM's third party remarketing policies and lower margins within the Data Security & Compliance division due to weakness in our legacy wholesale remarketing business. Nevertheless, our end-user technology services within both the Data Center Maintenance and Data Security & Compliance segments continue to be strong performers in 2008. With further expense reductions planned, continued organic growth and our pending acquisition of CCSI, we believe we are on the right track as we continue expanding our offering in order to become a more complete, full-service, and nationwide IT services company."

Total revenue for the first quarter of 2008 was $8.2 million, as compared with $9.4 million for the same period in 2007. We attribute the decline in revenue to a $2.9 million decrease in revenue from our Data Center Hardware division reflecting the impact of in this division's performance as a result of the changes in an OEM's third party remarketing policies and the company's recent restructuring of its Data Center Hardware division to support its higher margin Data Center Maintenance services. Gross profit was $1.6 million, compared to gross profit of $2.7 million in the first quarter of 2007. Gross margin for the first quarter of 2008 was 19.2% compared to 28.5% for the same period in 2007. The decline in gross profit and gross margin largely reflect the decline in Data Center Hardware revenue.

Revenue within the Data Security & Compliance division for the first quarter of 2008 increased 32.3% to $5.6 million compared to $4.3 million in the first quarter of 2007. Gross margin within the Data Security & Compliance division decreased to 8.1% from 18.9%, reflecting an increase in lower-margin wholesale remarketing revenue, partially offset by a 177% increase in higher margin end-user, data auditing, erasure and re-marketing work. Revenue within the Data Center Maintenance division increased 24.7% to $1.7 million for the first quarter of 2008, compared to $1.3 million in the first quarter of 2007. Gross margin within the Data Center Maintenance division increased to 66.5% from 64.5% for the same period last year, reflecting increased utilization of the company's field technicians to support multiple contracts. Revenues within the Data Center Hardware division decreased to $883,934 for the first quarter of 2008, compared to $3.8 million for the first quarter of 2007, reflecting the sudden change in business practice by a major OEM as previously disclosed.

Selling, general and administrative expenses were $2.3 million, versus $2.6 million for the same period last year, reflecting the company's ongoing efforts to reduce expenses across all three of its divisions and, in particular, its Data Center Hardware division. Net loss available to common stockholders for the first quarter of 2008 was $959,709 or $0.03 per share, compared to a net loss of $206,884, or $0.01 per share, for the same period in 2007.

Conference Call

QSGI will host a conference call at 10 a.m. Eastern Time on Friday, May 16, 2008. During the call, Marc Sherman, chairman and chief executive officer, Seth Grossman, president and chief operating officer, and Ed Cummings, chief financial officer, will discuss the Company's quarterly performance and financial results. The telephone number for the conference call is 866-334-4934. A live webcast of the call will also be available on the company's website, http://www.qsgi.com/. To listen to the live call online, please visit the site at least 10 minutes early to register, download and install any necessary audio software.

The webcast will be archived on the site, and investors will be able to access an encore recording of the conference call for one week by calling 866-245-6755, conference ID # 320082. The encore recording will be available two hours after the conference call has concluded.

About QSGI

QSGI provides a full suite of information technology solutions to help corporations and governmental agencies better manage hardware assets, reduce maintenance expenses, build best practices for data security and assure regulatory compliance. With a focus on the entire range of IT platforms -- from the PC to the mainframe, the services offered by QSGI are specifically designed to reduce total cost of ownership for IT assets and maximize the clients' return on their IT investment.

For enterprise class hardware in the data center, QSGI offers hardware maintenance services, hardware environment planning and consultation, refurbished whole systems, parts, features, upgrades and add-ons. Additionally, for desktop IT assets, servers and SAN products, QSGI offers a range of end-of-life services that include: automated asset auditing, Department of Defense (DOD) level data destruction, documentation for regulatory compliance, hardware refurbishment with worldwide remarketing or proper IT asset recycling. Given the sensitive nature of the company's client relationships, it does not provide the names of its clients. Additional information about the company is available at http://www.qsgi.com/.

Statements about QSGI's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. QSGI intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and QSGI's actual results could differ materially from expected results. QSGI undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

(tables follow) CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) March 31, December 31, 2008 2007 Assets Current Assets Cash and cash equivalents $416,841 $127,723 Accounts receivable, net of reserve of $1,026,824 and $955,599 in 2008 and 2007, respectively 3,518,100 3,853,362 Inventories 6,031,588 6,578,031 Prepaid expenses and other assets 132,190 163,553 Total Current Assets 10,098,719 10,722,669 Property and Equipment, Net 262,200 286,766 Goodwill 1,489,621 1,489,621 Intangibles, Net 430,085 470,348 Other Assets 567,595 448,066 $12,848,220 $13,417,470 Liabilities And Stockholders' Equity Current Liabilities Revolving line of credit $3,575,297 $3,754,061 Accounts payable 2,099,110 1,109,940 Accrued expenses 399,136 654,461 Accrued payroll 180,261 88,818 Deferred revenue 389,754 439,865 Other liabilities 200,534 311,610 Total Current Liabilities 6,844,092 6,358,755 Long-Term Deferred Revenue 40,476 142,772 Deferred Income Taxes 27,300 27,300 Total Liabilities 6,911,868 6,528,827 Redeemable Convertible Preferred Stock 4,243,384 4,238,685 Stockholders' Equity Preferred shares: Authorized 5,000,000 shares in 2008 and 2007, $0.01 par value, none issued - - Common shares: authorized 95,000,000 shares in 2008 and 2007, $0.01 par value; 31,172,716 shares issued and outstanding in 2008 and 2007 311,727 311,727 Additional paid-in capital 14,067,994 14,134,298 Retained earnings (deficit) (12,686,753) (11,796,067) Total Stockholders' Equity 1,692,968 2,649,958 $12,848,220 $13,417,470 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS For The Three Months Ended March 31, 2008 and 2007 (Unaudited) Three Months Ended March 31, 2008 2007 Product Revenue $6,272,283 $7,955,169 Service Revenue 1,933,293 1,438,998 Total Revenue 8,205,576 9,394,167 Cost Of Products Sold 5,963,828 6,174,156 Cost Of Services Sold 670,074 542,929 Total Cost Of Sales 6,633,902 6,717,085 Gross Profit 1,571,674 2,677,082 Selling, General And Administrative Expenses 2,272,068 2,614,896 Depreciation And Amortization 107,387 172,008 Interest Expense, net 56,649 87,839 Loss Before Benefit For Income Taxes (864,430) (197,661) Benefit For Income Taxes 26,256 (58,819) Net Loss (890,686) (138,842) Preferred Stock Dividends (64,324) (63,616) Accretion To Redemption Value of Preferred Stock (4,699) (4,426) Net Loss Available to Common Stockholders $(959,709) $(206,884) Net Loss Per Common Share - Basic $(0.03) $(0.01) Net Loss Per Common Share - Diluted $(0.03) $(0.01) Weighted Average Number Of Common Shares Outstanding - Basic 31,172,716 31,172,716 Weighted Average Number Of Common Shares Outstanding - Diluted 31,172,716 31,172,716 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS For The Three Months Ended March 31, 2008 and 2007 (Unaudited) 2008 2007 Cash Flows From Operating Activities Net Loss $(890,686) $(138,842) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 107,387 172,008 Stock option compensation expense 2,719 3,650 Deferred income taxes - (70,986) Provision for doubtful accounts 90,512 30,000 Changes in assets and liabilities: Accounts receivable 244,750 2,228,351 Inventories 546,443 (3,247,864) Prepaid expenses and other assets (104,444) (67,263) Accounts payable and accrued expenses 561,804 1,205,548 Net Cash Provided by Operating Activities 558,485 114,602 Cash Used In Investing Activities Purchases of property and equipment (26,279) (29,575) Net Cash Used In Investing Activities (26,279) (29,575) Cash Flows From Financing Activities Payment for financing costs - (101,828) Net amounts borrowed (paid) under revolving lines of credit (178,764) 380,040 Preferred stock dividends (64,324) (63,616) Net Cash Provided By (Used In) Financing Activities (243,088) 214,596 Net Increase In Cash And Cash Equivalents 289,118 299,623 Cash And Cash Equivalents - Beginning Of Period 127,723 632,948 Cash And Cash Equivalents - End of Period $416,841 $932,571

QSGI Inc.

CONTACT: Investors, David K. Waldman, or Klea K. Theoharis, Crescendo
Communications, LLC, qsgi@crescendo-ir.com, +1-212-671-1020, both for QSGI
Inc.

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

Audiovox Corporation Reports Fiscal 2008 Fourth Quarter and Year-End Results

HAUPPAUGE, N.Y., May 15 /PRNewswire-FirstCall/ -- Audiovox Corporation today announced results for its fiscal 2008 fourth quarter and year-ended February 29, 2008.

Fiscal Year Results

The Company reported net sales for the fiscal year ended February 29, 2008 of $591.4 million, an increase of 29.5% compared to $456.7 million reported in the comparable prior year period.

Operating income for fiscal 2008 was $4.4 million compared to an operating loss of $5.1 million in fiscal 2007. Pre-tax income from continuing operations for fiscal 2008 was $10.6 million, an increase of $8.4 million or 381.8% compared to $2.2 million in the comparable prior year. Net income from continuing operations in fiscal 2008 was approximately $6.7 million compared to $3.7 million in fiscal 2007. Including discontinued operations, net income for fiscal 2008 was $8.5 million or $0.37 per diluted share compared to $2.9 million or $0.13 per diluted share in fiscal 2007.

On a pro forma basis, excluding the impact of non-recurring charges, the Company would have reported net income of $10.5 million or $0.46 per diluted share in fiscal 2008.

Electronics sales, which include both mobile and consumer electronics were $437.0 million in fiscal 2008, an increase of $4.1 million as compared to $432.9 million in fiscal 2007. This increase was due to an increase in mobile audio sales and the Company's International operations in Germany and Venezuela. Accessories sales for fiscal 2008 were $154.3 million compared to sales of $23.7 million in fiscal 2007. This increase was due to the incremental sales generated from the acquired Thomson Accessory, Oehlbach and Technuity operations.

As a percentage of net sales, Electronics represented 73.9% in fiscal 2008 compared to 94.8% in the comparable fiscal 2007 period and Accessories represented 26.1% compared to 5.2% in the same respective periods.

Gross margins increased by 140 basis points to 18.8% in fiscal 2008, as compared to 17.4% in the prior fiscal year. Gross margins were favorably impacted by higher margins generated from the recently acquired accessory companies, improved overall margins in the Company's core business and improved buying programs and inventory management. Gross margins were adversely impacted by increased warehouse and assembly costs as a result of incremental transition costs necessary to facilitate the acquisitions, as well as increased warranty and repair costs, freight and shipping costs and inventory provisions as a result of higher accessories sales.

Operating expenses were $106.9 million in fiscal 2008, an increase of 26.7% compared to $84.4 million reported in the comparable prior year period. As a percentage of net sales, operating expenses decreased to 18.1% in fiscal 2008 from 18.5% in fiscal 2007 due to higher sales and better controls of the Company's fixed costs. The increase in total operating expenses is due to incremental costs related to the acquisitions of Thomson's accessory business and audio/video operations, Oehlbach, Incaar and Technuity, which contributed total operating expenses of $25.1 million in fiscal 2008 and $1.2 million in fiscal 2007. Operating expenses for the Company's core business was $81.8 million in fiscal 2008, down 1.7% compared to the prior fiscal year.

Patrick Lavelle, President and CEO stated, "Overall, I believe we could have reported a stronger increase based on our programs and placement; however the macro economic conditions we faced at the end of the year impacted sales across the board. Despite these conditions, our strategy of leveraging overhead with new business from acquisitions is working since we have been able to expand sales, raise margins and lower our operating expenses as a percentage of sales."

Fiscal Fourth Quarter Results

The Company reported net sales for the fiscal 2008 fourth quarter of $131.3 million, an increase of 36.6% compared to $96.1 million reported in the comparable prior year quarter.

Operating loss for the three months ended February 29, 2008 was $3.5 million compared to an operating loss of $2.6 million reported in the comparable prior year period. Pre-tax loss from continuing operations for the fiscal 2008 fourth quarter was $1.6 million compared to a pre-tax loss of $1.1 million in the comparable period last year. Net loss for continuing operations, after completion of a foreign tax audit, was $1.8 million or a loss of $0.08 per diluted share compared to a net loss of $0.3 million or a loss of $0.01 per diluted share in the fiscal 2007 fourth quarter.

On a pro forma basis for continuing operations, excluding the impact of non-recurring fourth quarter charges, the Company would have reported a break even for the quarter. On a pro forma basis for continuing and discontinued operations and excluding the impact of non-recurring fourth quarter charges, the Company would have reported a net loss of $0.4 million or a loss of $0.02 per diluted share in the fiscal 2008 fourth quarter.

Electronics sales, which include both mobile and consumer electronics were $95.8 million in the fiscal fourth quarter ended February 29, 2008, an increase of 15.3% compared to $83.1 million reported in the three-month period ended February 28, 2007. Stronger sales in our consumer categories were largely responsible for the increase. Accessories sales in the fiscal 2008 fourth quarter were $35.5 million, an increase of 173.1% compared to sales of $13.0 million in the fiscal 2007 fourth quarter. This increase was primarily due to sales generated by the acquired operations of Thomson, Oehlbach and Technuity, the latter two, which were not part of fiscal 2007 results.

As a percentage of net sales, Electronics represented 73.0% in the fiscal 2008 fourth quarter compared to 86.5% in the comparable fiscal 2007 quarter. In the period ended February 29, 2008, Accessories, as a percentage of net sales represented 27.0% compared to 13.5% in the comparable year ago period.

Gross margins for both the fiscal 2008 and fiscal 2007 fourth quarters were 18.8%. In fiscal 2008, gross margins were favorably impacted by higher margins generated from the acquired accessory companies, the impact of which was partially offset by the Company's acquisition of Thomson's audio/video operations in December 2007. Fiscal 2007 gross profit margins included approximately two months of results from Thomson's accessory business and saw increases in the Company's core electronics business. During both periods, gross margins were adversely impacted by increased warehouse and assembly costs as well as increased warranty and repair costs and higher freight expenses related to the acquisitions.

Operating expenses for the three months ended February 29, 2008 were $28.2 million, an increase of $7.5 million or 36.2%, compared to $20.7 million reported in the comparable prior year period. As a percentage of net sales, operating expenses were 21.5% in the fiscal 2008 and fiscal 2007 fourth quarters. During the fiscal 2008 fourth quarter, operating expenses related to acquisitions were approximately $8.0 million compared to $1.2 million in the comparable period last year. Excluding the impact of the acquisitions, overhead for the Company's core operations as a percentage of net sales was 15.2% in the fiscal 2008 fourth quarter compared to 20.3% in the fiscal 2007 comparable period.

Lavelle continued, "During the fourth quarter we assimilated additional overhead for the Thomson audio video and Technuity acquisitions during what is traditionally our weakest period. In addition, the period was further impacted by the economic conditions facing our customers and consumers, which affected Holiday sales as well as automobile sales that continue to suffer due to the state of the economy and rising fuel prices."

Lavelle concluded, "The acquisitions we made last year provide us with the strongest portfolio of brands we've ever had, give us added leverage at the retail level domestically and enhance our foundation internationally. Our focus this year is to fully consolidate the five acquisitions we made in 2007 and generate the types of returns this Company is capable of achieving. We enter fiscal 2009 on solid footing and I believe Audiovox will show substantial improvements in both our top and bottom line results over the coming year."

Conference Call Information

The Company will be hosting its conference call today, Thursday, May 15, 2008 at 10:00 a.m. EDT. Interested parties can participate by visiting http://www.audiovox.com/, and clicking on the webcast in the Investor Relations section or via teleconference (toll-free number: 800-510-0146; international number: 617-614-3449; pass code: 59396972). For those who will be unable to participate, a replay has been arranged and will be available approximately one hour after the call has been completed and will last for one week thereafter (replay number: 888-286-8010; international replay number: 617-801- 6888; pass code: 99202424).

About Audiovox

Audiovox is a recognized leader in the marketing of automotive entertainment, vehicle security and remote start systems, consumer electronics products and accessories. The company is number one in mobile video and places in the top ten of almost every category that it sells. Among the lines marketed by Audiovox are its mobile electronics products including mobile video systems, auto sound systems including satellite radio, vehicle security and remote start systems; consumer electronics products such as portable DVD players, Portable GPS, flat-panel TV's, extended range two-way radios, multi media products like digital picture frames and home and portable stereos as well as consumer accessories such as indoor/outdoor antennas, connectivity products, headphones, speakers, wireless solutions, remote controls, power & surge protectors and media cleaning & storage devices. The company markets its products through an extensive distribution network that includes power retailers, 12-volt specialists, mass merchandisers and an OE sales group. The company markets products under the Audiovox, Jensen, Acoustic Research, Advent, Code Alarm, Terk, and Prestige brands, as well as the recently- acquired rights from Thomson's America's consumer electronics accessory business to the RCA brand for Consumer Electronics accessories. The acquisition also includes the Recoton, Spikemaster, Ambico and Discwasher brands for use on any products and the Jensen, Advent, Acoustic Research and Road Gear brands for accessory products. Audiovox already owns Jensen, Advent, Acoustic Research and Road Gear brands for electronics products as part of prior acquisitions. For additional information, visit our web site at http://www.audiovox.com/.

Safe Harbor Language

Except for historical information contained herein, statements made in this release that would constitute forward-looking statements may involve certain risks and uncertainties. All forward-looking statements made in this release are based on currently available information and the Company assumes no responsibility to update any such forward-looking statements. The following factors, among others, may cause actual results to differ materially from the results suggested in the forward-looking statements. The factors include, but are not limited to, risks that may result from changes in the Company's business operations; our ability to keep pace with technological advances; significant competition in the mobile and consumer electronics and accessories businesses; our relationships with key suppliers and customers; quality and consumer acceptance of newly introduced products; market volatility; non- availability of product; excess inventory; price and product competition; new product introductions; the possibility that the review of our prior filings by the SEC may result in changes to our financial statements; and the possibility that stockholders or regulatory authorities may initiate proceedings against Audiovox and/or our officers and directors as a result of any restatements. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form 10-K for the fiscal year ended February 29, 2008.

Contact: Glenn Wiener, GW Communications Tel: 212-786-6011 / Email: gwiener@GWCco.com Audiovox Corporation and Subsidiaries Consolidated Balance Sheets February 29, 2008 and February 28, 2007 (In thousands, except share data) 2008 2007 Assets (as adjusted) Current assets: Cash and cash equivalents $39,341 $15,473 Short-term investments - 140,872 Accounts receivable, net 112,688 86,003 Inventory 155,748 104,972 Receivables from vendors 29,358 13,935 Prepaid expenses and other current assets 13,780 11,427 Income taxes receivable - 3,518 Deferred income taxes 7,135 2,492 Total current assets 358,050 378,692 Investment securities 15,033 13,179 Equity investments 13,222 11,353 Property, plant and equipment, net 21,550 18,019 Goodwill 23,427 17,514 Intangible assets 101,008 57,874 Deferred income taxes - 1,858 Other assets 746 631 Total assets $533,036 $499,120 Audiovox Corporation and Subsidiaries Consolidated Balance Sheets February 29, 2008 and February 28, 2007 (In thousands, except share data) 2008 2007 Liabilities and Stockholders' Equity (as adjusted) Current liabilities: Accounts payable $24,433 $34,344 Accrued expenses and other current liabilities 38,575 26,564 Income taxes payable 5,335 - Accrued sales incentives 10,768 7,410 Bank obligations 3,070 2,890 Current portion of long-term debt 82 1,524 Total current liabilities 82,263 72,732 Long-term debt 1,621 5,430 Capital lease obligation 5,607 5,676 Deferred compensation 4,406 7,573 Other tax liabilities 4,566 3,347 Deferred tax liabilities 6,057 - Other long term liabilities 5,003 - Total liabilities 109,523 94,758 Commitments and contingencies Stockholders' equity: Series preferred stock, $.01 par value; 1,500,000 shares authorized, no shares issued or outstanding - - Common stock: Class A, $.01 par value; 60,000,000 shares authorized, 22,414,217 and 22,005,346 shares issued, 20,593,660 and 20,312,299 shares outstanding at February 29, 2008 and February 28, 2007, respectively 224 220 Class B convertible, $.01 par value; 10,000,000 shares authorized, 2,260,954 shares issued and outstanding 22 22 Paid-in capital 274,282 271,056 Retained earnings 162,542 151,363 Accumulated other comprehensive income (loss) 4,847 (1,320) Treasury stock, at cost, 1,820,562 and 1,693,047 shares of Class A common stock at February 29, 2008 and February 28, 2007, respectively (18,404) (16,979) Total stockholders' equity 423,513 404,362 Total liabilities and stockholders' equity $533,036 $499,120 Audiovox Corporation and Subsidiaries Consolidated Statements of Operations Quarter and Year Ended February 29, 2008 and February 28, 2007 (In thousands, except share and per share data) Three Three Months Months Year Year Ended Ended Ended Ended February February February February 29, 2008 28, 2007 29, 2008 28, 2007 Net sales $131,269 $96,134 $591,355 $456,690 Cost of sales 106,595 78,039 480,027 377,371 Gross profit 24,674 18,095 111,328 79,319 Operating expenses: Selling 9,168 6,594 35,703 28,220 General and administrative 16,067 12,238 61,220 48,920 Engineering and technical support 2,973 1,838 9,983 7,256 Total operating expenses 28,208 20,670 106,906 84,396 Operating income (loss) (3,534) (2,575) 4,422 (5,077) Other income (expense): Interest and bank charges (40) (464) (2,127) (1,955) Equity in income of equity investees 663 514 3,590 2,937 Other, net 1,265 1,426 4,709 6,253 Total other income, net 1,888 1,476 6,172 7,235 Income (loss) from continuing operations before income taxes (1,646) (1,099) 10,594 2,158 Income tax (expense) benefit (139) 794 (3,848) 1,534 Net income (loss) from continuing operations (1,785) (305) 6,746 3,692 Net income (loss) from discontinued operations, net of tax (392) (180) 1,719 (756) Net income (loss) ($2,177) ($485) $8,465 $2,936 Net income (loss) per common share (basic): From continuing operations ($0.08) ($0.01) $0.29 $0.16 From discontinued operations ($0.02) ($0.01) $0.08 ($0.03) Net income (loss) per common share (basic) ($0.10) ($0.02) $0.37 $0.13 Net income (loss) per common share (diluted): From continuing operations ($0.08) ($0.01) $0.29 $0.16 From discontinued operations ($0.02) ($0.01) $0.08 ($0.03) Net income (loss) per common share (diluted) ($0.10) ($0.02) $0.37 $0.13 Weighted-average common shares outstanding (basic) 22,854,614 22,431,284 22,853,482 22,366,413 Weighted-average common shares outstanding (diluted) 22,863,670 22,431,284 22,876,112 22,557,272

This earnings release includes information presented on a pro forma basis. These pro forma financial measures are considered "non-GAAP" financial measures within the meaning of the Securities and Exchange Commission Regulation G. The Company believes that this presentation of pro forma results provide useful information to both management and investors by excluding specific items that the Company believes are not indicative of core operating results. The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with accounting principles generally accepted in the United States. The reconciliation set forth below is provided in accordance with Regulation G and reconciles the pro forma financial measure with the most directly comparable GAAP based financial measure.

Audiovox Corporation and Subsidiaries

Reconciliation of GAAP Net (loss) income from continuing operations for the three months and year to date Period Ended February 29, 2008 to the Pro Forma

net (loss) income (In thousands, except share and per share data) (unaudited) Three Months Year Ended Ended February February 29, 2008 29, 2008 GAAP net (loss) income from continuing operations ($1,785) $6,746 Non-recurring Adjustments: Legal settlement 602 602 Transition expenses for acquisitions 500 741 Stock-based compensation benefit (231) (900) Amortization expense from acquisitions 497 1,328 1,368 1,771 Less: Tax benefits (534) (691) 834 1,080 Settlement of foreign tax audits 936 936 Non-recurring adjustments, net of tax 1,770 2,016 Pro forma net (loss) income from continuing operations (15) 8,762 GAAP net (loss) income from discontinued operations, net of tax (392) 1,719 Pro forma net (loss) income ($407) $10,481 GAAP net (loss) income from continuing operations per common share, diluted ($0.08) $0.29 Pro forma net (loss) income from continuing operations per common share, diluted $0.00 $0.38 GAAP net (loss) income per common share, diluted ($0.10) $0.37 Pro forma net (loss) income per common share, diluted ($0.02) $0.46 GAAP Weighted-average common shares outstanding, diluted 22,863,670 22,876,112 Pro forma Weighted-average common shares outstanding, diluted 22,863,670 22,876,112

Audiovox Corporation

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

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

Alliance Data Signs Multi-Year Extension Agreement With Top-10 Client and Leading Specialty Retailer Dress Barn, Inc.Alliance Data to Continue Providing Private Label Credit Card Services for Dressbarn and Maurices Stores

DALLAS, May 15 /PRNewswire-FirstCall/ -- Alliance Data Systems Corporation , a leading provider of loyalty and marketing solutions derived from transaction-rich data, today announced it has signed a multi-year contract extension with leading specialty retailer Dress Barn, Inc. to continue providing private label credit card services for dressbarn and maurices-branded stores. With 835 stores in 46 states, dressbarn's friendly, relaxed environment offers quality women's career and fashion apparel through a range of contemporary private label brands. Maurices is Dress Barn's leading small town specialty retailer, operating 649 stores in 43 states for value and fashion-conscious consumers with a youthful style. Dress Barn, Inc.'s sales in 2007 exceeded $1.4 billion. Both dressbarn and maurices have been clients of Alliance Data since 1993 and 2001 respectively.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051024/ADSLOGO )

Under terms of the agreement, Alliance Data will continue providing private label credit card services including account acquisition and activation; receivables funding; card authorization; private label credit card issuance; statement generation; remittance processing; customer service functions; and marketing services.

"Throughout our relationship, Alliance Data has continued to serve as an invaluable partner in providing the vital customer insight and innovative credit and marketing solutions that has helped us instill customer loyalty, extend our brand, and increase sales," said Vivian Behrens, senior vice president and chief marketing officer of Dress Barn, Inc. "Our private label credit card program enables us to acquire and cultivate long-term, profitable relationships with our best customers. Alliance Data's industry experience and robust set of credit and marketing tools allow us to better track and understand our customers' purchase behaviors, which ultimately improves our ability to market to them in a more meaningful and relevant way. We look forward to continuing our relationship with Alliance Data and leveraging these services to offer superior value and service to our customers."

"We are excited to extend our long-standing relationship with Dress Barn and are proud to continue providing solutions that play a key role in their business success and growth goals," said Ivan Szeftel, executive vice president and president of Alliance Data's Retail Services. "Both dressbarn and maurices are prime examples of a retailer that is committed to delivering for its customers an exceptional shopping experience with its brands, and that includes enhancing the experience through private label credit. We look forward to continuing to support Dress Barn, Inc. and helping increase sales and grow their business."

About Dress Barn, Inc.

Dress Barn, Inc. , is a leading national specialty apparel retailer offering quality career and casual fashion apparel through its dressbarn and maurices brands. As of January 26, 2008, the Company operated 835 dressbarn stores in 46 states and 649 maurices stores in 43 states. For more information, please visit http://www.dressbarn.com/ and http://www.maurices.com/.

About Alliance Data

Alliance Data is a leading provider of marketing, loyalty and transaction services, managing over 120 million consumer relationships for some of North America's most recognizable companies. Using transaction-rich data, Alliance Data creates and manages customized solutions that change consumer behavior and that enable its clients to create and enhance customer loyalty to build stronger, mutually beneficial relationships with their customers. Headquartered in Dallas, Alliance Data employs over 9,000 associates at more than 60 locations worldwide. Alliance Data's brands include AIR MILES(R), North America's premier coalition loyalty program, and Epsilon(R), a leading provider of multi-channel, data-driven technologies and marketing services. For more information about the company, visit its website, http://www.alliancedata.com/.

Alliance Data's Safe Harbor Statement/Forward-Looking Statements

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements may use words such as "anticipate," "believe," "estimate," "expect," "intend," "predict," "project" and similar expressions as they relate to us or our management. When we make forward-looking statements, we are basing them on our management's beliefs and assumptions, using information currently available to us. Although we believe that the expectations reflected in the forward-looking statements are reasonable, these forward-looking statements are subject to risks, uncertainties and assumptions, including those discussed in our filings with the Securities and Exchange Commission.

If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may vary materially from what we projected. Any forward-looking statements contained in this presentation reflect our current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. These risks, uncertainties and assumptions include those made with respect to and any developments related to the termination of the proposed merger with an affiliate of The Blackstone Group, including risks and uncertainties arising from actions that the parties to the merger agreement may take in connection therewith. We have no intention, and disclaim any obligation, to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this presentation regarding Alliance Data Systems Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K for the most recently ended fiscal year. Risk factors may be updated in Item 1A in each of the Company's Quarterly Reports on Form 10-Q for each quarterly period subsequent to the Company's most recent Form 10-K.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20051024/ADSLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Alliance Data Systems Corporation

CONTACT: Julie Prozeller, Analysts-Investors, Financial Dynamics,
+1-212-850-5721, alliancedata@fd.com, for Alliance Data; Media, Shelley
Whiddon, +1-972-348-4310, Shelley.whiddon@alliancedata.com

Web site: http://www.alliancedata.com/
http://www.dressbarn.com/
http://www.maurices.com/

Diguang International Wins Citywide Project for Energy-Saving LED General Lighting

Agreement Covers Xiangfan, a City of 6.5 Million

SHENZHEN, China, May 15 /Xinhua-PRNewswire-FirstCall/ -- Diguang International Development Co., Ltd. (BULLETIN BOARD: DGNG) (''Diguang''), an emerging, China-based leader in CCFL and LED backlights and LED general lighting technology, today announced launch of a citywide LED lighting project in Xiangfan, Hubei Province, a city of 6.5 million.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO )

Pursuant to a cooperation agreement that the Company has signed with the Xiangfan Municipal Government, Hubei Province, Diguang will apply its LED lighting technologies to road and scenic lights and lighting for government departments, schools, hospitals and commercial buildings throughout Xiangfan. The pilot phase is a 6,000-square-meter technology zone.

To launch the project, the agreement was signed by Mr. Li Hongzhong, the governor of Hubei Province, Mr. Tang Liangzhi, the mayor of Xiangfan City, and Mr. Li Xinhua, the Secretary to the Xiangfan Municipal Party Committee, on behalf of their respective government entities, while Mr. Song Yi, Chairman and CEO, represented Diguang International. Photos from the ceremony are at http://www.diguangintl.com/photo.jsp .

The agreement involves adapting Diguang's LED general lighting technology for a model project to achieve energy savings in lighting 6,000 square meters in Xiangfan, the second largest city in Hubei province after Wuhan. In addition to the benefit of energy savings, LED lamps offer environmental advantages over current conventional general lighting technologies because they do not use toxic mercury.

In fact, plans in Xiangfan are only part of many LED-focused initiatives underway in China. In June, 2003, the Ministry of Science and Technology launched the "National LED Lighting Project," which anticipates achieving energy savings totaling RMB 260 billion (approximately US$37 billion) by 2015.

''This LED general lighting model project has the potential to lead to direct cooperation between Diguang and numerous government departments,'' commented Diguang's CEO, Song Yi. ''The agreement not only fully reflects the Chinese National government's commitment to 'Energy Conservation, Reduction in Emissions of the Greenhouse Effect and Environment Protection,' but also expresses its confidence in Diguang's leadership in LED lighting technology. It is among our key corporate goals to achieve market expansion in LED general lighting, and direct agreements with government authorities can both speed our growth in LED technologies and also potentially yield much greater profit margins than commercial sales.''

''We are committed to promoting the environmental and energy-saving advantages of LED technology, and significant, long-term research and development has qualified us to sign this agreement,'' Mr. Song concluded. ''So we are very pleased to achieve this milestone in our general lighting growth initiative.''

As noted in a recent China Economic Net article by Huang Xin, China's government has announced financial subsidies to promote 50 million energy- saving lamps nationwide annually. Large users such as schools and hospitals will receive a 30 percent subsidy for each energy-saving lamp purchased. Under the government's 11th 5-year plan, which calls for replacement of conventional lighting with 150 million energy-saving lamps, savings would total as much as 29 billion kilowatt hours of electric power, and emissions of the greenhouse gas carbon dioxide would be reduced by 29 million tons. According to current estimates, general lighting consumes 15 percent to 20 percent of global electricity consumption at a time of rising prices for oil and gas and increasing use of -- and prices for -- energy overall. The technology known as LED, an acronym for light-emitting diode, is a solid-state, cold light source that features low working voltage, low energy consumption, high light-emitting efficiency and a long life span. Compared with an incandescent lamp (the most conventional household lighting technology at present), an LED lamp can save up to 80 percent of the electricity consumed, and 50 percent savings compared with a fluorescent lamp. Where the usual lifespan of an incandescent light bulb is 1,000 to 2,000 hours, LED lamps can, in theory, last over 100,000 hours.

As noted in the China Economic Net article, the worldwide market for LED applications, which also include indicator lights for various electronic devices and backlights powering LCD panels on products ranging in size from wristwatches to giant-screen televisions, has grown at an annual average of more than 41%, from US$12.5 billion in 2004 to $50 billion in 2008. The use of LED lighting in the upcoming 2008 Olympics is expected to give the technology significant new prominence.

About Diguang International Development Co., Ltd.

Diguang, through its subsidiaries, specializes in the research, development, production, sale and distribution of backlights and backlight technologies. A backlight is the typical light source of a liquid crystal display (LCD). The Company is focused on providing LED and CCFL backlights for international producers of televisions, monitors, cellular phones, digital cameras, DVDs and other home appliances. Diguang currently develops an average of approximately 50 new products per month. Diguang is a Nevada corporation with its manufacturing subsidiary located in Shenzhen, PRC, and its sales and marketing subsidiary located in the British Virgin Islands.

For more information, please contact: Viola Tse, Investor Relations Diguang International Development Co., Ltd. Tel: +1-626-593-5486 Investor Relations Contact: Sean Collins, Senior Partner CCG Elite Tel: +1-310-477-9800 x202 Web: http://www.ccgelite.com/

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO
PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840 Diguang International Development Co., Ltd.

CONTACT: Viola Tse, Investor Relations of Diguang International
Development Co., Ltd., +1-626-593-5486; or Investor Relations Contact, Sean
Collins, Senior Partner of CCG Elite, +1-310-477-9800 x202, for DGNG

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

CBS Corporation To Acquire CNET Networks, Inc.CBS to Become a Top Ten U.S. Internet Company with Unparalleled Content and Reach, Boasting Approximately 200 Million Monthly Unique Users WorldwideCNET Networks' CNET, ZDNet, GameSpot.com, TV.com, CNET News, UrbanBaby, BNET, CHOW and Search.com, Among Others, To Be Combined with CBS Corporation's National and Local Interactive Businesses

NEW YORK and SAN FRANCISCO, May 15 /PRNewswire-FirstCall/ -- CBS Corporation has entered into an agreement to acquire CNET Networks, Inc., it was announced today by Leslie Moonves, President and Chief Executive Officer, CBS Corporation. Under the terms of the agreement, CBS will make a cash tender offer for all issued and outstanding shares of CNET Networks for $11.50 per share, representing an equity value of approximately $1.8 billion. The acquisition will make CBS one of the 10 most popular Internet companies in the United States, with a combined 54 million unique users per month, and approximately 200 million users worldwide.

"There are very few opportunities to acquire a profitable, growing, well-managed Internet company like CNET Networks," said Moonves. "CBS stands for premium content and unparalleled reach, and CNET Networks will add a tremendous platform to extend our complementary entertainment, news, sports, music and information content to a whole new global audience. Together, CBS and CNET Networks will have significant additional exposure to the fastest- growing advertising sector and can accelerate our growth through a number of new content, promotion and advertising initiatives. We could not be more pleased with the prospect of adding CNET Networks and its tremendous team of people to the CBS family. I look forward to working with Quincy Smith, Neil Ashe and the considerable combined talent at both companies, as we build upon our success."

Based in San Francisco, CNET Networks owns many of the Internet's leading entertainment, news and information sites including CNET, ZDNet, GameSpot.com, TV.com, mp3.com, CNET news.com, UrbanBaby, CHOW, Search.com, BNET, MySimon and TechRepublic. The company, which reported significant profits in 2007 on revenues of $406 million, has a large international footprint, particularly in China.

Upon closing, CNET Networks' sites will be combined with CBS's stable of dynamic and growing interactive businesses. These include CBS.com, CBSSports.com, CBSCollegeSports.com, MaxPreps.com, CBSNews.com, last.fm, Wallstrip, MobLogic, CBS Radio and CBS Television Stations digital media platforms, and the distribution network of the CBS Audience Network, which is made up of more than 300 partner Web sites and reaches 82% of all online users in the United States.

"The core businesses of CNET Networks and CBS Interactive represent near perfect category symmetry in premium online content," said Quincy Smith, President, CBS Interactive. "Together we will have a terrific opportunity to not only grow our established businesses, but to build new attractive verticals of content as well. This is the beginning of an era for both CBS and CNET Networks; plus, it's going to be great to work with Neil and his team, many of whom I have known for many years."

"We're thrilled to join CBS and combine our interactive media experience with CBS's world-class content," said Neil Ashe, Chief Executive Officer, CNET Networks, Inc. "CNET Networks operates some of the most important premium online brands, serving the most sought after online audiences. Today's announcement brings together two organizations that complement each other and working with Leslie, Quincy and the talented people at CBS, we look forward to taking our business and our brands to the next level."

"We look forward to completing the acquisition of CNET Networks and the terrific benefits it brings to CBS as Quincy, Neil and their combined teams build upon our success," Moonves concluded. "At the same time our strong cash flow allows us to pay among the highest dividends in the industry, and we are committed to continue to pay our attractive dividend to return value to shareholders."

The Board of Directors of CNET Networks has unanimously approved the merger agreement and unanimously recommends that CNET Networks stockholders accept the tender offer and tender their shares.

The transaction is subject to customary conditions and is expected to be completed in the third quarter of this year.

About CBS Corporation

CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in all 50 states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and The CW - a joint venture between CBS Corporation and Warner Bros. Entertainment), cable television (Showtime and CBS College Sports Network), local television (CBS Television Stations), television production and syndication (CBS Paramount Network Television and CBS Television Distribution), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), interactive media (CBS Interactive), music (CBS Records), licensing and merchandising (CBS Consumer Products), video/DVD (CBS Home Entertainment), in- store media (CBS Outernet) and motion pictures (CBS Films). For more information, log on to http://www.cbscorporation.com/.

About CNET Networks, Inc.

CNET Networks, Inc. is a global interactive media company whose leading brands collectively attract more than 160 million people each month, making it the 10th largest Internet network on the Web. The Company builds Web sites focused on the information and entertainment people crave, such as gaming, music, entertainment, technology, business, food, and parenting, and its premier brands include BNET, CNET, GameSpot, TV.com and CHOW. Founded in 1992, CNET Networks is headquartered in San Francisco, California. The Company also operates internationally in countries including Australia, China, Switzerland, and the United Kingdom.

Cautionary Statement Concerning Forward-looking Statements

This release contains forward-looking information about an agreement between CBS and CNET Networks, Inc. All statements in this release, other than statements of historical fact are, or may be deemed to be, forward- looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. Such forward- looking statements involve known and unknown risks, uncertainties and other factors that are difficult to predict which could cause actual outcomes and results to differ materially from these statements. These risks, uncertainties and other factors include, among others: the satisfaction of conditions to completing the transaction contemplated by the agreement between CBS and CNET Networks; that the transaction may not be consummated on the proposed terms and schedule, if at all; the possibility that expected benefits may not materialize as expected; the effect of the transaction on the customers and suppliers of CNET Networks; changes in technology and its effect on competition in the industries in which CBS and CNET Networks operate; changes in applicable laws and regulations; other domestic and global economic, business, competitive and/or other regulatory factors affecting the respective businesses of CBS and CNET Networks generally; and other factors described in the news releases and filings with the Securities and Exchange Commission including but not limited to the most recent Annual Report on Form 10-K filed by each of CBS and CNET Networks. The forward-looking statements included in this release are made only as of the date of this release, and under section 27A of the Securities Act and section 21E of the Exchange Act, CBS and CNET Networks do not have any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances.

Important Additional Information: The tender offer described herein has not commenced. The description contained herein is neither an offer to purchase nor a solicitation of an offer to sell shares of CNET Networks. At the time the tender offer is commenced, Ten Acquisition Corp. and CBS intend to file a Tender Offer Statement on Schedule TO containing an offer to purchase, forms of letters of transmittal and other documents relating to the tender offer and CNET Networks intends to file a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the tender offer. CBS and CNET Networks intend to mail these documents to the stockholders of CNET Networks. These documents will contain important information about the tender offer and stockholders of CNET Networks are urged to read them carefully when they become available. Stockholders of CNET Networks will be able to obtain a free copy of these documents (when they become available) at http://www.cbs.com/ and http://www.cnet.com/ and the Web site maintained by the Securities and Exchange Commission at http://www.sec.gov/.

Editor's Note: CBS will conduct a teleconference call at 8:30 AM, ET, following the release of this announcement. The call is open to the general public. The domestic conference call number is (888) 213-3710; please call five minutes in advance to ensure that you are connected prior to the presentation. The international dial-in number is (913) 312-0974.

CBS Corporation

CONTACT: Press: Gil Schwartz, +1-212-975-2121, gdschwartz@cbs.com, Dana
McClintock, +1-212-975-1077, dlmcclintock@cbs.com, both of CBS; Mickey Wilson,
+1-415-344-2854, mickey.wilson@cnet.com, Sarah Cain, +1-415-344-2218,
sarah.cain@cnet.com, both of CNET Networks; or Investor Relations: Marty Shea,
+1-212-975-8571, marty.shea@cbs.com, Debra Wichser, +1-212-975-3718,
debra.wichser@cbs.com, both of CBS; Todd Friedman of The Blueshirt Group,
+1-415-217-7722, todd@blueshirtgroup.com, for CNET Networks

Web site: http://www.cbscorporation.com/
http://www.cnet.com/

Company News On-Call: http://www.prnewswire.com/comp/185007.html

AltiGen Communications Signs Boport Tele-Communication BV as Distribution Partner in the Netherlands, Belgium and Luxembourg

FREMONT, Calif., May 15 /PRNewswire-FirstCall/ -- AltiGen(R) Communications, Inc. , a leading provider of VoIP business phone systems and Unified Communications solutions for small-to-medium businesses (SMBs), including companies with multiple distributed locations, branch offices and call centers, has entered into a master distribution agreement with Boport Tele-Communication BV, a leading distributor of communications products and services in the Benelux countries -- Netherlands, Belgium and Luxembourg.

"Boport and its large reseller channel expand AltiGen's international reach to previously untapped markets," said Jerry Fleming, president and COO of AltiGen. "We are proud Boport will introduce AltiGen's industry-leading VoIP and Unified Communications products to the Benelux region in Europe. Boport's technical expertise, strong reseller recruitment and training programs, and extensive interface with local systems make it an ideal business partner to continue our expansion in Europe."

"AltiGen is a leader in unified communications, IP PBXs and call-center solutions for the SMB market and we are excited to offer its innovative products to our network of resellers," said Peter Kranendonk, Business Development Manager of Boport Tele-Communication. "Our customers are looking for a complete business communications solution and AltiGen's Max1000 scalable, integrated and easy to manage all-in-one solution provides small businesses with a competitive edge. We look forward to a productive relationship with AltiGen."

Boport will offer AltiGen's complete line of VoIP business phone systems, including branch office, enterprise and call center solutions, to its own reseller channel via sub-distributors for telecommunications and IT. In addition, Boport will offer its channel partners specialized sales, marketing and technical training in order to quickly ramp-up and support new AltiGen resellers.

About Boport

Boport Tele-communication, headquartered in the Netherlands and operational since 1992, and is a leading importer, producer and distributor of Voice Processing systems and server based IP Telephony platforms for small, medium and large commercial business environments, government and institutions. Boport's main objective is to lead the market in offering progressive, feature rich and affordable Microsoft & Intel based Voice Processing and Voice over IP Telephony products and concepts. Boport sells its solutions in the Benelux via sub-distributors and dealers / VARs for telecommunications and IT. For more information, call +31.346552333 or visit the web site at http://www.boport.com/.

About AltiGen Communications

AltiGen Communications, Inc. is a leading provider of VoIP business phone systems and Microsoft-based Unified Communications solutions for small-to-medium businesses (SMBs), including companies with multiple distributed locations, branch offices and call centers. AltiGen's scalable, integrated, and easy to manage all-in-one unified communications solutions enable an array of applications like standards based SIP VoIP phones and servers, unified messaging, voicemail, call recording, conferencing, call activity reporting and mobility solutions that leverage both the Internet and the public telephone network to take advantage of the convergence of voice and data communications. AltiGen's systems are designed with an open architecture and are built on an industry standard platform. This adherence to widely used standards allows products to integrate with and leverage the existing technology investment of partners and customers. For more information, call 1-888-ALTIGEN or visit the web site at http://www.altigen.com/.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements regarding the continued market acceptance of our Voice over IP telephone systems, and a successful partnership with a leading importer/distributor in the Netherlands. These statements reflect management's current expectation. However, actual results could differ materially as a result of unknown risks and uncertainties, including but not limited to, risks related to AltiGen's limited operating history. For a more detailed description of these and other risks and uncertainties affecting AltiGen's performance, please refer to AltiGen's Annual Report on Form 10-K for the fiscal year ended September 30, 2007 and all subsequent current reports on Form 8-K and quarterly reports on Form 10-Q. All forward-looking statements in this press release are based on information available to AltiGen as of the date hereof and AltiGen assumes no obligation to update these forward-looking statements.

AltiGen Communications, Inc.

CONTACT: Niel Levonius, Sr. Product Marketing Manager of AltiGen
Communications, +1-510-252-9712, ext. 415, nlevonius@altigen.com; or
investors, Christiane Pelz of Lippert | Heilshorn & Associates,
+1-415-433-3777, ext. 110, cpelz@lhai.com, for AltiGen Communications, Inc.

Web site: http://www.altigen.com/
http://www.boport.com/

Virgin Mobile USA's New 'Fund My Phone' Application on Facebook(R) PlatformLets Friends Earn Wireless Airtime for FriendsExtends Reach of Sugar Mama Mobile Advertising Program to Popular Social Utility

WARREN, N.J., May 15 /PRNewswire-FirstCall/ -- Facebook has a brand new Sugar Mama, thanks to a unique new application that lets friends earn wireless airtime for other friends who are Virgin Mobile USA customers. The national provider of wireless communications services and plans without annual contracts has designed the "Fund My Phone" application, allowing Virgin Mobile USA's more than 5 million customers to get their Facebook friends to help pay for their wireless minutes.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080515/NYTH038 ) (Logo: http://www.newscom.com/cgi-bin/prnh/20070613/VIRGINMOBILE )

"Fund My Phone" is an extension of the popular Sugar Mama mobile marketing program first launched by Virgin Mobile USA in 2006. Customers who opt in to Sugar Mama are invited to earn up to 75 minutes per month by viewing a variety of ad spots and other creative materials and answer a few questions. Customers also earn airtime by completing surveys online, responding to branded text messages or forwarding Sugar Mama spots to friends to share. Over 700,000 Virgin Mobile USA customers have opted-in to Sugar Mama since its launch, earning more than 26 million minutes of free airtime.

"Developing a special Facebook application was a natural next step for us," said Bob Stohrer, Chief Marketing Officer at Virgin Mobile USA. "The interaction among Facebook users mirrors the strong community among Virgin Mobile USA customers. Now, customers can add to their minutes by having friends contribute to their talk time and share cool content. And Fund My Phone also offers a powerful vehicle for Virgin Mobile USA's brand partners to reach audiences beyond our customer base."

Add Application, Earn Airtime

The "Fund My Phone" application is fast to install and easy to use. Virgin Mobile USA customers can download the application and place it within their Facebook page. The application allows the customer to share up to five different spots with Facebook friends. As an extension of Sugar Mama, if the user's friends will watch ads on their Facebook page those friends are earning the host Virgin Mobile USA airtime. Sugar Mama will showcase advertisers' creativity offering these program partners "peer endorsed" exposure.

On the profile page, the application displays thumbnail images of a randomly rotated Sugar Mama advertising content. When friends click on the application, a Sugar Mama ad or other piece of advertiser content begins playing for them to view and rate.

Each viewing is credited to the host Virgin Mobile USA phone number linked through the Facebook application. The Virgin Mobile USA customer earns six minutes of airtime as soon as the first four "views" by Facebook friends are credited. After the initial viewings, the customer receives one minute of airtime for every four views by their Facebook friends.

About Virgin Mobile USA

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

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

Facebook(R) is a registered trademark of Facebook Inc.

Photo: http://www.newscom.com/cgi-bin/prnh/20080515/NYTH038
http://www.newscom.com/cgi-bin/prnh/20070613/VIRGINMOBILE
PRN Photo Desk, photodesk@prnewswire.com Virgin Mobile USA

CONTACT: Corinne Nosal of Virgin Mobile USA, +1-908-607-4235,
corinne.nosal@virginmobileusa.com; or Alysa McKenna of CooperKatz for Virgin
Mobile USA, +1-917-595-3048, amckenna@cooperkatz.com

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

Trans World Entertainment to Host First Quarter 2008 Results Conference Call

ALBANY, N.Y., May 15 /PRNewswire-FirstCall/ -- Trans World Entertainment Corporation announced today that it will host a teleconference call for members of the financial community on Thursday, May 22, 2008 at 10:00 AM ET to discuss its press release, which will be issued on the same day before the market opens, regarding its first quarter 2008 financial results. This call will be simultaneously webcast at the Company's website, http://www.twec.com/.

Trans World Entertainment is a leading specialty retailer of entertainment software, including music, video and video games and related products. The Company operates nearly 800 retail stores in the United States, the District of Columbia, the U.S. Virgin Islands, and Puerto Rico, primarily under the names f.y.e. for your entertainment and Suncoast and on the web at http://www.fye.com/, http://www.wherehouse.com/, http://www.secondspin.com/, http://www.samgoody.com/ and http://www.suncoast.com/.

Certain statements in this release set forth management's intentions, plans, beliefs, expectations or predictions of the future based on current facts and analyses. Actual results may differ materially from those indicated in such statements. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the Securities and Exchange Commission.

Trans World Entertainment Corporation

CONTACT: John J. Sullivan, EVP, Chief Financial Officer, Trans World
Entertainment, +1-518-452-1242; or Richard Tauberman, MWW Group,
+1-201-507-9500, rtauberman@mww.com

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

BIO-key(R) Reports First Quarter 2008 ResultsContinued Growth in Biometrics Business in First Quarter

WALL, N.J., May 15 /PRNewswire-FirstCall/ -- BIO-key International, Inc. (BULLETIN BOARD: BKYI) , a leader in wireless public safety and finger-based biometric identification solutions, today announced its financial results for the first quarter ended March 31, 2008.

2008 First Quarter Consolidated Results

Total revenue from continuing operations for the three months ended March 31, 2008 was $2.5 million representing a decrease of 3.8% from the $2.6 million reported for the quarter ended December 31, 2007.

BIO-key's gross margin for the first quarter of 2008 was 82.6% compared to 85.6% for the previous quarter. Operating expenses from continuing operations for the first quarter of 2008 remained flat at $3.0 million compared to the quarter ended December 31, 2007. BIO-key's operating loss from continuing operations for the first quarter of 2008 increased by $0.3 million to ($0.9 million) from ($0.6 million) reported in the previous quarter.

"Our quarterly results continue to reflect growing demand in our biometrics business which we began to see several quarters ago," said Michael DePasquale, BIO-key's Chief Executive Officer. "During the first quarter of 2008, the Company recognized revenue on several large commercial biometric orders, as well as from an international voter registration order. We believe these orders indicate an inflection point in the growth of our biometrics business in the coming quarters of this year. We are also very excited about the prospects for our recently deployed initiative with wireless carriers on handheld devices tailored for public safety use. This business opportunity enables us to leverage our broad installed base in public safety to drive sales."

DePasquale concluded, "We are seeing unprecedented industry-wide interest in biometrics and wireless applications. I believe the market is finally catching up to our value proposition of biometrically secure identification. We believe we are well positioned for profitability."

BIO-key's net loss was ($0.9 million) for the first quarter ended March 31, 2008 compared to a net loss of ($0.6 million) for the fourth quarter of 2007. The first quarter 2008 net loss per share was ($0.02) compared to a net loss per share of ($0.02) for the previous quarter.

Liquidity and Capital Resources

Consolidated cash and cash equivalents at March 31, 2008 was $0.6 million. In addition, the Company held approximately $0.2 million in restricted cash at the conclusion of the first quarter of 2008.

Conference Call Details

BIO-key has scheduled a call for Thursday, May 15th at 9:00 a.m. Eastern Time to discuss 2008 first quarter financial results. Dialing 303-205-0033 and asking for the BIO-key call at least 10 minutes prior to the start time can access the conference call live. The conference call will also be broadcast live over the Internet by logging onto http://www.bio-key.com/. A telephonic replay of the conference call will be available through May 22, 2008 and may be accessed by dialing 303-590-3000 and using the pass code 11114279#. Additionally, an archive of the webcast will be available shortly after completion of the call on the Company's website (http://www.bio-key.com/) for a period of three months.

About BIO-key

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

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

Company Contact: BIO-key International, Inc. Bud Yanak 732-359-1113 Investor Contact: DRG&E Gus Okwu, Managing Director 404-532-0086

BIO-key International, Inc.

CONTACT: Bud Yanak of BIO-key International, Inc., +1-732-359-1113; or
investors, Gus Okwu, Managing Director of DRG&E, +1-404-532-0086, for BIO-key
International, Inc.

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

[video] Wallst.net's '3 minute Press Show' Features Executive Interviews and Highlights Recent Press for the Following: BCLN, EXOU, ASFG, HMBT, HISU, ADNY, SOLN, CEXI, ZAAP, AVNY

NEW YORK, May 15 /PRNewswire-FirstCall/ -- WallSt.net's 3-Minute Press Show is a daily video program hosted by WallSt.net reporter, Tracee Tolentino.

Shows air Monday through Friday on: http://tv.wallst.net/3-min-press/3-min-press.php.

WallSt.net's 3-Minute Press Show features in-depth interviews with public company executives on their company and most recent press releases. The show is designed to provide viewers with insight into a company's most recent press release, and its impact on the company's growth.

The following executives were interviewed on today's show: -- John Finn, Vice President and Chief Financial Officer for Bio-Clean International, Inc. (Pink Sheets: BCLN) (http://www.bio-cleanintl.com/) -- Elorian Landers, Vice President of Corporate Development for Exousia Advanced Materials, Inc. (BULLETIN BOARD: EXOU) (http://www.exousiacorp.com/) -- Jerry Johnson, CEO of Aftersoft Network, N.A., a wholly owned subsidiary of Aftersoft Group, Inc. (BULLETIN BOARD: ASFG) (http://www.aftersoftna.com/) -- Dr. Arthur Bollon, Chairman and CEO of Hemobiotech, Inc. (BULLETIN BOARD: HMBT) (http://www.hemobiotech.com/) -- Fred Wicks, CEO of Homeland Integrated Security Systems, Inc. (Pink Sheets: HISU) (http://www.hissusa.com/index.php) -- Timothy Byrd, CEO of Adino Energy Corp. (BULLETIN BOARD: ADNY) (http://www.adinoenergycorp.com/) -- Tim Furr, Chief Strategy Officer for Smart Online, Inc. (BULLETIN BOARD: SOLN) (http://smallbusiness.smartonline.com/) -- Malcolm Philips, CEO of CDEX, Inc. (BULLETIN BOARD: CEXI) (http://www.cdex-inc.com/) -- Gary Starr, Chairman of ZAP (BULLETIN BOARD: ZAAP) (http://www.zapworld.com/) -- John Fraser, President and CEO of Avensys Corp. (BULLETIN BOARD: AVNY) (http://www.manariscorp.com/Home.php) About WallStreet Direct, Inc.

WallStreet Direct, Inc. a wholly-owned subsidiary of Financial Media Group, Inc. (BULLETIN BOARD: FNGP) , owns and operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates Wall St. TV (http://tv.wallst.net/), an online hub for business and finance video content; and Wall St.Radio (http://radio.wallst.net/) an online hub for business podcasts from well-known business news personalities and publishers. We have received two thousand five hundred dollars from Fox Petroleum, Inc. for media and advertising services. We have received two million five hundred thousand restricted shares of BCLN from Bio-Clean International, Inc. for media and advertising services. We have received three thousand two hundred fifty dollars from ZAP for media and advertising services rendered in 2006. We have received four hundred ninety five dollars from CDEX Inc. for press release dissemination services. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.

Contact WallSt.net 800-4-WALLST

WallStreet Direct, Inc.; Bio-Clean International, Inc.; Exousia

CONTACT: WallSt.net, 1-800-4-WALL-ST

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

China Education Alliance, Inc. Announces First Quarter 2008 Results Conference Call

Harbin, Heilongjiang, China, May 15 /Xinhua-PRNewswire-FirstCall/ -- China Education Alliance, Inc. (BULLETIN BOARD: CEUA) (''China Education Alliance'' or ''the Company''), a leading distributor of educational resources, offering high-quality programs and training both through online networks and an on-site training center in China, today announced that it will conduct a conference call at 8:00 a.m. Eastern Time on Friday, May 16, 2008 to discuss the first quarter 2008 results.

China Education Alliance, Inc. Chief Executive Officer, Mr. Xiqun Yu will be participating in the conference call. The Company plans to make an earnings announcement prior to the call.

To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: 800 688 0796. International callers should dial 617 614 4070. When prompted by the operator, mention Conference Passcode 182 629 76.

If you are unable to participate in the call at this time, a replay will be available for fourteen days starting on Friday, May 16 at 10:00 a.m. Eastern Time. To access the replay, dial 888-286-8010, international callers should dial 617-801-6888, and enter the passcode 84428923.

The conference call will also be webcast live over the Internet and can be accessed by all interested parties by using the following link: http://phx.corporate-ir.net/playerlink.zhtml?c=178111&s=wm&e=1852386 . To listen to the call, please visit this link at least 15 minutes prior to the start of the call to register, download and install any necessary audio software. For those unable to participate during the live webcast, it will be archived using the same link for 90 days.

About China Education Alliance, Inc.

The Company is an educational resource company offering high-quality educational programs and training through both online networks and an on-site training center. The Company's products include on-line test preparation materials, researchers' materials, study guides, and audio recordings, vocational training services and vocational certifications. The Company conducts educational services through three main channels: a large educational on-line portal, educational software and media, and education and vocational training centers. The Company is currently selling educational products and services to families, provincial education officials, administrators, schools and teachers in China.

For more information, please contact: Company Contact: Mr. Xiqun Yu Chairman and CEO China Education Alliance, Inc. Tel: +86-451-8233-5794 Email: yxq@edu-chn.com Investor Relations Contact: Mr. Crocker Coulson President CCG Elite Investor Relations Tel: +1-646-213-1915 (NY Office) Email: crocker.coulson@ccgir.com Web: http://www.ccgelite.com/

China Education Alliance, Inc.

CONTACT: Company Contact, Mr. Xiqun Yu, Chairman and CEO of China
Education Alliance, Inc., +86-451-8233-5794, or yxq@edu-chn.com; or Investor
Relations Contact, Mr. Crocker Coulson, President of CCG Elite Investor
Relations, +1-646-213-1915 (NY Office), or crocker.coulson@ccgir.com, for CEUA

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

Focus Media to Announce First Quarter 2008 Financial Results on June 5, 2008

SHANGHAI, China, May 15 /Xinhua-PRNewswire/ -- Focus Media Holding Limited , China's leading multi-platform digital media company, announced today that it will report its financial results for the first quarter ended March 31, 2008 on June 5, 2008 (U.S. Eastern Time) after market close.

The Company will host a conference call to discuss the first quarter 2008 results at 9:00 p.m. U.S. Eastern Time on June 5, 2008 (6:00 p.m. U.S. Pacific Time on June 5, 2008 and 9:00 a.m. Beijing/Hong Kong Time on June 6, 2008). The dial-in details for the live conference call are set forth below: U.S. Toll Free Number +1-800-638-5439, Hong Kong dial-in number +852-3002-1672, International dial-in number +1-617-614-3945; Pass code: 25224862.

A replay of the call will be available from June 5, 2008 until June 12, 2008 (US Eastern Time). The dial-in details for the replay are set forth below: U.S. Toll Free Number +1-888-286-8010, International dial-in number +1-617-801-6888; Pass code 22983881. Additionally, a live and archived web cast of this call will be available on the Focus Media web site at http://ir.focusmedia.cn/ .

The company also announces to hold an Analyst Day meeting on Friday June 30, 2008 in its headquarter office: 29/F, No. 369 Jiangsu Road, Shanghai, PR China to provide general updates on the business. Presentations by Focus Media's management team are scheduled to begin at 1:00 p.m. and conclude by approximately 5:00 p.m. Beijing time. Copies of this Analyst Day's schedule may be obtained from Focus Media investor relations department, email ir@focuusmdia.cn, phone +86 -21-32124661 ext 6607, Fax +86 -21- 52400228

SAFE HARBOR: FORWARD-LOOKING STATEMENTS

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

This release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements.

ABOUT FOCUS MEDIA HOLDING LIMITED

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

Focus Media Holding Ltd

Web Site: http://ir.focusmedia.cn/

Focus Media Announces Change in Board of Directors

SHANGHAI, China, May 15 /Xinhua-PRNewswire/ -- Focus Media Holding Limited , China's leading multi-platform digital media company today announced changes in its board members.

As was disclosed in our recently filed 20-F for 2007, SINA Corporation and Focus Media were involved in transactions exceeding 5% of SINA's revenues in the year ended December 31, 2007, which under Nasdaq rules rendered Mr. Charles Chao no longer qualified as an independent director of Focus Media. He will remain on the board as a non-independent director of Focus Media. In addition, Mr. David Feng Yu, a non-independent director and founder of Target Media, has resigned from the Board. As Nasdaq requires that independent directors must comprise the majority of the company's board of directors, Focus Media has appointed Mr. Ying Wu as an independent director to its board of directors. Mr. Ying Wu was a founder of UTStarcom and has many years of experience in managing large organizations and investments in the media and telecommunications industry.

"We are very pleased to add Mr. Wu to our board of directors as he brings unique experiences in management and knowledge of the Chinese media and telecommunications industry," said Jason Jiang, Executive Chairman of Focus Media. "At the same time, we would like to express our great appreciation for Mr. Yu's contribution to Focus Media during his term of service."

In conjunction with Mr. Chao's transition from an independent to a non-independent director, certain changes to the composition of the company's committees are also being implemented. The audit committee will now consist of Prof. Qi Daqing (Chairman), Mr. Fumin Zhuo and Mr. Ying Wu. Prof. Qi is professor of accounting and associated dean of the Cheong Kong Graduate School of Business, and has extensive experience in providing executive training and consulting services in accounting and corporate finance to government departments and private companies, including the Ministry of Information Industries of the People's Republic of China, the Shanghai Municipal Government, China Mobile, China Unicom, China Telecom, China Netcom, Nokia and Ericsson. The compensation committee members will now consist of Mr. Fumin Zhuo (Chairman), Prof. Daqing Qi and Mr. David Zhang. The nomination committee will now consist of Mr. Neil Shen (Chairman), Mr. Fumin Zhuo and Mr. Daqing Qi.

About Focus Media Holding Limited

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

SAFE HARBOR: FORWARD-LOOKING STATEMENTS

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

Focus Media Holding Ltd

Web Site: http://ir.focusmedia.cn/

Calypso Wireless Appoints Cristian Turrini as Its Chief Executive Officer and Chairman of the Board

MIAMI, May 15 /PRNewswire-FirstCall/ -- Calypso Wireless, Inc. announced today that Cristian Turrini has re-joined the company as its new Chief Executive Officer and Chairman of the Board.

Cristian Turrini was President and CEO between March and December 2007. Under his leadership, Calypso Wireless established a landmark relationship and conducted a trial with one of the world's largest networking and telecommunications companies. Turrini was also instrumental in raising much needed capital for the company.

"Mr. Turrini has maintained his invaluable relationships with key decision-makers in the global telecommunications industry during the time he was not involved with Calypso Wireless," says Richard S. Pattin, President of Calypso Wireless. "He is already working with some noteworthy networking and telecommunications companies to potentially generate significant revenues for the company."

"I am more excited about Calypso's future potential than ever before. The new management team allows the company to focus exclusively on the execution of its business plan. In addition, two months ago Calypso's largest shareholders agreed to sell or transfer their position in the company - representing a total of 75 million shares - to a group of investors. I believe we now have a shareholder base that recognizes the true value of our technology. I am looking forward to helping Calypso realize its full potential," says Cristian Turrini.

Calypso Wireless has dismissed the lawsuit against Mr. Turrini and other defendants, taking the position that all of the claims that the company's prior Board of Directors made in the lawsuit were completely without merit.

Previous to his employment with Calypso Wireless, Mr. Turrini worked for private companies and law firms as Director of Legal Affairs in the areas of corporate, international and entertainment law. In his capacity as Director of Legal Affairs, Mr. Turrini represented and assisted companies and individuals in numerous industries and areas, including general business, corporate, securities, telecommunications, entertainment, print and music publishing and distribution.

Mr. Turrini graduated Magna Cum Laude with a Bachelor of Arts in Economics and International Relations from Brigham Young University in 1995 and also holds a Juris Doctorate degree from J. Reuben Clark Law School of Brigham Young University, which he received in 2002.

About Calypso Wireless, Inc.

Calypso Wireless is the company behind the ASNAP(TM) technology for which it was granted U.S. Patent #6,680,923 titled "Communication system and method" (http://www.uspto.gov/ search U.S. patent number 6,680,923), which covers the seamless roaming of voice, video and data between Wide Area Network access points, such as cellular towers (GSM/GPRS/EDGE, CDMA, WCMDA etc.) and short- range Internet access points (such as Wi-Fi, Bluetooth, etc.).

Calypso Wireless has recently acquired patented technologies which enable cellular phones and wireless PDA/Pocket PCs to convert any incoming text messages to voice messages and any incoming voice messages are converted into text messages. Calypso plans to license these four newly acquired patented technologies (US Patents No. 6,385,306, No. 6,765,996, No. 6,839,412 and No. 7,031,439) to mobile operators, Original Equipment Manufactures (cellular phones and wireless PDA/Pocket PC manufacturers) and Internet Service Providers.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward- looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "could," "potential," "continue," "ongoing," similar expressions, and variations or negatives of these words.

These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

This release is intended as a forward-looking statement within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to (i) The ability to provide technology in the future, (ii) Unexpected changes in the technology market, (iii) The success of the Company's expansion and sales and marketing strategies (iv) Competition within the Data Synchronization market (v) The ability of the Company to continue to finance its long-term strategy and expansion (vi) The ability of the Company to motivate and retain the services of its key personnel and hire additional qualified personnel to meet evolving staffing needs.

Contact: Calypso Wireless Inc. Richard Pattin, rpattin@calypsowireless.com 305-477-8722 http://www.calypsowireless.com/

Calypso Wireless, Inc.

CONTACT: Richard Pattin, Calypso Wireless Inc.,
rpattin@calypsowireless.com, +1-305-477-8722

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

Verizon Wireless Activates New Cell Site in Champaign County, Ohio

URBANA, Ohio, May 15 /PRNewswire/ -- Verizon Wireless, the wireless company with the highest customer loyalty, has activated a new cell site in Champaign County that improves its network coverage in the city of Urbana.

With the improved network coverage, more customers can use their wireless phones to make calls; send and receive email and text, picture and video messages; download music, games and ringtones; and view high-quality videos while enjoying clearer reception and fewer dropped calls.

"Network reliability is the No. 1 reason that customers choose and stay with Verizon Wireless," said Roger Tang, president-Ohio/Pennsylvania/West Virginia Region, Verizon Wireless. "Getting through on the first try and maintaining a connection are important to our customers. We continue to optimize our network so that it remains the most reliable in the nation."

This new cell site is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Ohio and throughout the country. Verizon Wireless has invested more than $45 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. Last year, the company invested nearly $190 million in its Ohio network improvements.

About Verizon Wireless

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

Verizon Wireless

CONTACT: Laura Merritt of Verizon Wireless, +1-614-560-2605,
laura.merritt@verizonwireless.com, or Laura Deaton, +1-513-271-7222 ext. 15,
ldeaton@wordsworthweb.com, for Verizon Wireless

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

DuPont Fabros Technology, Inc. Announces First Quarter 2008 Earnings Results

WASHINGTON, May 15 /PRNewswire-FirstCall/ -- DuPont Fabros Technology, Inc. , a real estate investment trust (REIT) that builds, owns and operates wholesale data centers, today announced the financial results for the first quarter of 2008.

For the first quarter of 2007, the financial results include only the operations for the entity that constituted the Predecessor of DuPont Fabros Technology, Inc. The historical financial results of the Company's Predecessor do not include the financial performance of those entities that were consolidated under the ownership of the Company as a result of the October 24, 2007 IPO or the Company's operating data centers, other than ACC3, which is owned by the Predecessor. In addition, the Predecessor's results exclude the impact of purchase accounting adjustments resulting from the Company's formation. For these and other reasons, the Predecessor's historical operating results are not directly comparable to the Company's operating results after the IPO.

First Quarter 2008 Highlights -- Net Income of $5.6 million or $0.16 per diluted common share -- Funds from operations of $22.5 million or $0.34 per diluted common share and unit -- Portfolio occupancy of 93.2% as of March 31, 2008, with leases comprising 9.1 megawatts of critical load commencing in the first quarter of 2008 -- Construction commenced on Phase 1 of ACC5 First Quarter 2008 Results

For the quarter ended March 31, 2008, the Company reported net income of $5.6 million, or $0.16 per diluted common share. This compares to net income of $0.5 million of the Predecessor for the same prior year period.

Funds from operations ("FFO") for the quarter ended March 31, 2008 was $22.5 million, or $0.34 per diluted common share and unit, while Adjusted FFO ("AFFO") was $13.2 million, or $0.20 per diluted common share and unit. The following table sets forth a reconciliation of the Company's net income to FFO and AFFO for the three months ended March 31, 2008 and 2007 (in thousands):

Three months Three months ended ended March 31, 2008 March 31, 2007 Net income $5,566 $497 Adjustments: Real estate depreciation and amortization 11,934 1,090 Minority interests in operating partnership 4,954 - FFO $22,454 $1,587 Straight-line revenue (7,895) (1,291) Non-cash stock based compensation expense 349 - Below market lease amortization, net of above market lease amortization (1,744) - AFFO $13,164 $296 Current Status

As of March 31, 2008, the Company's operating data center portfolio, encompassing 82.4 megawatts ("MW") of critical load and 539,198 raised square feet, was 93.2% leased which is consistent with the amount leased at year-end 2007. Critical load (also referred to as IT load or load used by tenants' servers or related equipment) is the power that is available for exclusive use of our tenants. As of March 31, 2008, total debt outstanding was $322.6 million, representing 29.4% of our total market capitalization.

Hossein Fateh, President and Chief Executive Officer, said "We continued to make progress on the execution of our strategic plan in the first quarter, and we are on track to meet our 2008 guidance. The development of our pipeline is progressing nicely and demand for leasing of data centers remains healthy."

Development Update

Phase 1 of the Company's new data center in Elk Grove Village, Illinois, known as CH1, is scheduled to open in early July 2008. Phase 1 of this data center will add 18.2 MW of critical load to our portfolio which is an increase of 22% over the Company's current portfolio. We have commenced construction of Phase 1 of ACC5 in Ashburn, Virginia in the first quarter of 2008 and also commenced construction of Phase 1 of NJ1 in Piscataway, New Jersey in the second quarter of 2008. We anticipate starting construction on Phase 1 of SC1 in Santa Clara, California in the second half of 2008. All of these projects are scheduled to be completed in 2009 and will add a total of 54.6 MW of critical load to the Company's portfolio of data centers. Including the 18.2 MW of critical load coming on line in 2008 and the 54.6 MW of critical load expected to come on line in 2009, our total portfolio will increase to 155.2 MW of critical load which is an increase of 88% over our current portfolio.

Dividends

On February 26, 2008, the Company's Board of Directors declared a regular quarterly cash dividend for the first quarter of 2008 at the rate of $0.1875 ($0.75 annual rate) per common share for shareholders of record as of March 28, 2008. The dividend was paid on April 11, 2008.

2008 Outlook

The Company reaffirms guidance for 2008 and expects that FFO will be in the range of $80.3 million to $87.0 million, or $1.20 to $1.30 per diluted common share and unit, and expects 2008 AFFO to be in the range of $53.6 million to $60.3 million, or $0.80 to $0.90 per diluted common share and unit.

Conference Call and Web Cast Information

The Company will host a conference call to discuss 2008 first quarter results on Thursday, May 15, 2008 at 10:00AM EDT. Interested parties can listen to the call via the internet at http://www.dft.com/ or by dialing 888-256-9134 (Domestic) or 913-981-5593 (International). A replay is available for seven days following the live call. To access the replay, dial 888-203-1112 (Domestic) or 719-457-0820 (International) using conference ID 2663654. The webcast will be archived on the Company's website for one year at http://www.dft.com/investor_relations/ on the Presentations & Webcasts page.

About DuPont Fabros Technology, Inc.

DuPont Fabros Technology, Inc. is a real estate investment trust (REIT) and leading owner, developer, operator and manager of wholesale data centers. The Company's data centers are highly specialized, secure facilities used primarily by national and international technology companies to house, power and cool the computer servers that support many of their most critical business processes. DuPont Fabros Technology is headquartered in Washington, DC. For more information please visit http://www.dft.com/.

Forward-Looking Statements Safe Harbor Statement

Certain statements contained in this press release may be deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The matters described in these forward-looking statements describe expectations regarding future events, results and trends and are subject to known and unknown risks, uncertainties and other unpredictable factors, many of which are beyond the Company's control. The Company faces many risks that could cause its actual performance to differ materially from the results predicted by its forward-looking statements, including, without limitation, the risk that the Company may be unable to obtain financing on favorable terms, the risks commonly associated with construction and development of new facilities, risks relating to compliance with permitting, zoning, land-use and environmental requirements, the risk related to leasing space to tenants in our data centers, the risk that the Company may be unable to acquire additional properties on favorable terms or at all, and the risk that the Company may not be able to maintain its qualification as a REIT for federal tax purposes. The periodic reports that the Company files with the Securities and Exchange Commission, as well as the annual report on Form 10-K for the year ended December 31, 2007, contain detailed descriptions of these and many other risks to which the Company is subject. Because of those risks, the Company's actual results, performance or achievements may differ materially from the results, performance or achievements contemplated by its forward-looking statements. The information set forth in this news release represents management's current expectations and intentions. The Company assumes no responsibility to issue updates to the forward-looking matters discussed in this press release.

Financial tables to follow ... DUPONT FABROS TECHNOLOGY, INC. CONSOLIDATED BALANCE SHEETS (in thousands except share and per share data) DuPont Fabros DuPont Fabros Technology, Inc. Technology, Inc. March 31, December 31, 2008 2007 (unaudited) ASSETS Income producing property: Land $26,971 $26,971 Buildings and improvements 1,099,006 1,102,954 1,125,977 1,129,925 Less: accumulated depreciation (28,538) (17,710) Net income producing property 1,097,439 1,112,215 Construction in progress and land held for development 282,237 245,636 Net real estate 1,379,676 1,357,851 Cash and cash equivalents 11,305 11,510 Restricted cash 119 119 Rents and other receivables, net 25,102 13,915 Lease contracts above market value, net of accumulated amortization of $1,738 and $1,022, respectively 21,362 22,078 Deferred costs, net 43,969 45,863 Prepaid expenses and other assets 2,115 2,093 Non-real estate fixed assets, net of depreciation of $96 and $16, respectively 819 489 Due from related parties - 237 Total assets $1,484,467 $1,454,155 LIABILITIES AND STOCKHOLDERS' EQUITY Liabilities: Mortgages and notes payable $322,580 $296,719 Accounts payable and accrued liabilities 45,098 39,178 Dividend and distribution payable 12,555 10,044 Lease contracts below market value, net of accumulated amortization of $6,083 and $3,623, respectively 45,817 48,277 Advance rents and security deposits 4,468 4,392 Interest rate swap liability 14,225 7,870 Due to related parties 156 - Total liabilities 444,899 406,480 Minority interests - operating partnership 486,310 490,102 Commitments and contingencies - - Stockholders' equity: Preferred stock, par value $.001, 50,000,000 shares authorized, no shares issued or outstanding at March 31, 2008 and December 31, 2007 - - Common stock, par value $.001, 250,000,000 shares authorized, 35,455,936 shares issued and outstanding at March 31, 2008, and 35,453,833 issued or outstanding at December 31, 2007 35 35 Additional paid in capital 661,188 664,714 Accumulated deficit (93,740) (99,306) Accumulated other comprehensive loss (14,225) (7,870) Total stockholders' equity 553,258 557,573 Total liabilities and stockholders' equity $1,484,467 $1,454,155 DUPONT FABROS TECHNOLOGY, INC. CONSOLIDATED STATEMENTS OF OPERATIONS DuPont Fabros Technology, Inc. The Predecessor Three months Three months ended ended March 31, 2008 March 31, 2007 (in thousands except share and (unaudited) (unaudited) per share data) Revenue: Base rent $25,831 $4,465 Recoveries from tenants 12,461 1,683 Other revenue 2,856 8 Total operating revenue 41,148 6,156 Expenses: Real estate taxes 690 58 Insurance 195 33 Property operating costs 10,307 1,322 Management fees - 303 Depreciation and amortization 12,014 1,090 General and administrative, including $349 and $0 of non-cash stock based compensation expense, respectively 2,708 37 Other expenses 2,275 - Total operating expenses 28,189 2,843 Operating income 12,959 3,313 Other income and expense: Interest income 47 39 Interest expense (2,486) (2,855) Income before minority interests - operating partnership 10,520 497 Minority interests - operating partnership (4,954) - Net income $5,566 $497 Earnings per common share - basic $0.16 N/A Earnings per common share - diluted $0.16 N/A Dividends declared per common share $0.1875 N/A Weighted average number of common shares outstanding - basic 35,417,727 N/A Weighted average number of common shares outstanding - diluted 35,418,600 N/A Funds From Operations and Adjusted Funds From Operations

Funds From Operations, or FFO, is used by industry analysts and investors as a supplemental operating performance measure for REITs. We calculate FFO in accordance with the definition that was adopted by the Board of Governors of the National Association of Real Estate Investment Trusts, or NAREIT. FFO, as defined by NAREIT, represents net income (loss) determined in accordance with GAAP, excluding extraordinary items as defined under GAAP and gains or losses from sales of previously depreciated operating real estate assets, plus specified non-cash items, such as real estate asset depreciation and amortization, and after adjustments for unconsolidated partnerships and joint ventures.

We use FFO as a supplemental performance measure because, in excluding real estate related depreciation and amortization and gains and losses from property dispositions, it provides a performance measure that, when compared year over year, captures trends in occupancy rates, rental rates and operating expenses. We also believe that, as a widely recognized measure of the performance of equity REITs, FFO will be used by investors as a basis to compare our operating performance with that of other REITs. However, because FFO excludes real estate related depreciation and amortization and captures neither the changes in the value of our properties that result from use or market conditions nor the level of capital expenditures and leasing commissions necessary to maintain the operating performance of our properties, all of which have real economic effects and could materially impact our results from operations, the utility of FFO as a measure of our performance is limited.

While FFO is a relevant and widely used measure of operating performance of equity REITs, other equity REITs may use different methodologies for calculating FFO and, accordingly, FFO as disclosed by such other REITs may not be comparable to funds from operations published herein. Therefore, we believe that in order to facilitate a clear understanding of our historical operating results, FFO should be examined in conjunction with net income (loss) as presented in the consolidated financial statements included elsewhere in this prospectus. FFO should not be considered as an alternative to net income (loss) (computed in accordance with GAAP) as an indicator of the properties' financial performance or to cash flow from operating activities (computed in accordance with GAAP) as an indicator of our liquidity, nor is it indicative of funds available to fund our cash needs, including our ability to pay dividends or make distributions.

We also present FFO with a supplemental adjustment which we call Adjusted FFO ("AFFO"). AFFO is FFO excluding straight-line revenue, non-cash stock based compensation, gain or loss on derivative instruments, acquisition of service agreements, below market lease amortization net of above market lease amortization and early extinguishment of debt costs.

AFFO does not represent cash generated from operating activities in accordance with GAAP and therefore should not be considered an alternative to net income as an indicator of our operating performance or as an alternative to cash flow provided by operations as a measure of liquidity and is not necessarily indicative of funds available to fund our cash needs including our ability to pay dividends. In addition, AFFO may not be comparable to similarly titled measurements employed by other companies.

Our management uses AFFO: -- in management reports given to our board of directors; -- to provide a measure of REIT operating performance that can be compared to other companies using AFFO; and -- as an important measure of operating performance.

Below is a reconciliation of expected FFO and AFFO for 2008 to the Company's expected net income for 2008 based on the midpoint of the ranges for 2008 FFO and AFFO guidance set forth above:

For the Year Ended December 31, 2008 (based on mid- points of 2008 guidance) (000's) Net income $17,591 Adjustments: Real estate related depreciation and amortization 50,647 Minority interests in operating partnership 15,462 FFO $83,700 Straight-line revenue (22,825) Non-cash stock based compensation expense 3,000 Below market lease amortization, net of above market lease amortization (6,975) AFFO $56,900 Diluted FFO per share and unit $1.25 Diluted AFFO per share and unit $0.85 Total diluted common stock and units outstanding 66,957 SUPPLEMENTAL Operating Properties Property Gross Raised % and Year Built/ Building Square Critical Leased Location Renovated Area(1) Feet(2) Load(3) (4) VA3-Reston, VA 2003(5) 256,000 144,901 13.0 MW 100% VA4-Bristow, VA 2005(5) 230,000 90,000 9.6 MW 100% ACC2-Ashburn, VA 2001/2005 87,000 53,397 10.4 MW 100% ACC3-Ashburn, VA 2001/2006 147,000 79,600 13.0 MW 100% ACC4-Ashburn, VA 2007 300,000 171,300 36.4 MW 84.6% Totals 1,020,000 539,198 82.4 MW (1) Represents the entire building area, including raised square footage (the portion of gross building area where our tenants' computer servers are located), tenant common areas, areas controlled by us (such as the mechanical, telecommunications and utility rooms) and, in some facilities, individual office and storage space leased on an as available basis to our tenants. (2) Raised square footage is that portion of gross building area where our tenants locate their computer servers. We consider raised square footage to be the net rentable square footage in each of our facilities. Office and storage space is de minimis. (3) Critical load (also referred to as IT load or load used by tenants' servers or related equipment) is the power available for exclusive use by our tenants expressed in terms of megawatt, or MW, or kilowatt, or kW (1 MW is equal to 1,000 kW). In addition to critical load, each of our data centers is designed to provide sufficient additional power to cool our tenants' servers, which we refer to as essential load. (4) Percentage leased is expressed as a percentage of raised square feet that is subject to a signed lease. With respect to any given facility, critical load is distributed approximately evenly to each raised square foot. Accordingly, percentage leased rates are not materially different when expressed as a percentage of a facility's critical load. (5) Acquired as a fully-developed property. Lease Expirations

The following table sets forth a summary schedule of lease expirations -- and the corresponding effects in terms of both raised square feet and critical load -- for VA3, VA4, ACC2, ACC3 and ACC4 for each of the ten full calendar years beginning with April 1, 2008. The information set forth in the table assumes that tenants exercise no renewal options.

Total Raised Square % of Number Footage Portfolio Total of of Leased kW of % of % of Year of Leases Expiring Raised Expiring Portfolio Portfolio Lease Expiring Leases Square Leases Leased Annualized Expiration Property (1) (2) Feet (3) kW Rent 2008 VA3 1 - - 163 0.2% 0.3% 2009 VA3 1 27,268 5.3% 2,600 3.4% 1.2% ACC4 1 - - - - 0.0% 2010 VA3 1 66,661 13.0% 5,688 7.4% 4.2% 2011 VA3 1 14,320 2.8% 1,300 1.7% 1.0% 2012 VA4 1 15,000 2.9% 1,600 2.1% 2.7% 2013 VA3 1 26,943 5.3% 2,600 3.4% 1.3% VA4 1 15,000 2.9% 1,600 2.1% 2.7% 2014 VA3 1 9,709 1.9% 650 0.8% 0.8% VA4 1 15,000 2.9% 1,600 2.1% 2.7% 2015 ACC2 1 53,397 10.4% 10,400 13.6% 11.5% VA4 1 15,000 2.9% 1,600 2.1% 2.8% 2016 ACC3 1 39,800 7.8% 6,500 8.5% 9.7% VA4 1 15,000 2.9% 1,600 2.1% 2.8% 2017 ACC3 1 23,600 4.6% 3,900 5.1% 5.4% VA4 1 15,000 2.9% 1,600 2.1% 2.9% ACC4 4 37,500 7.3% 7,961 10.3% 11.5% After 2017 ACC3/ ACC4 6 123,700 24.2% 25,350 33.0% 36.5% Portfolio Total 26 512,898 100% 76,712 100% 100% (1) Based on 13 separate leases. Six of these leases include staggered expiration dates. For purposes of the above chart, we have treated each staggered expiration as a separate lease. (2) Raised square footage is that portion of gross building area where our tenants locate their computer servers. We consider raised square footage to be the net rentable square footage in each of our facilities. Office and storage space is de minimis. (3) One megawatt is equal to 1,000 kW. Tenants % Annualized Tenant Name Rent Microsoft 35.2% Yahoo! 34.8% Facebook 10.4% IAC/InterActiveCorp 6.4% Net2EZ 4.0% UBS 3.1% Google 2.6% Fox Interactive Media 1.8% Other 1.7% Total 100% Developments Expected Estimated Total Gross Raised Property Completion Cost Building Square Critical and Location Date (in thousands)(1) Area(2) Feet(3) Load(4) CH1 Phase I-Elk Grove Village, IL 2008 $200,000 - $210,000 285,000 121,223 18.2 MW ACC5 Phase I-Ashburn, VA 2009 $170,000 - $220,000 150,000 85,600 18.2 MW SC1 Phase I-Santa Clara, CA 2009 $240,000 - $300,000 150,000 85,600 18.2 MW NJ1 Phase I-Piscataway, NJ 2009 $220,000 - $280,000 150,000 85,600 18.2 MW CH1 Phase II-Elk Grove not Village, IL scheduled * 200,000 89,917 18.2 MW ACC5 Phase II-Ashburn, not VA scheduled * 150,000 85,600 18.2 MW SC1 Phase II-Santa not Clara, CA scheduled * 150,000 85,600 18.2 MW NJ1 Phase II-Piscataway, not NJ scheduled * 150,000 85,600 18.2 MW SC2 Phase I-Santa Clara, not CA scheduled * 150,000 85,600 18.2 MW SC2 Phase II-Santa not Clara, CA scheduled * 150,000 85,600 18.2 MW ACC6 Phase I-Ashburn, not VA scheduled * 120,000 77,500 15.6 MW ACC6 Phase II-Ashburn, not VA scheduled * 120,000 77,500 15.6 MW ACC7-Ashburn, not VA scheduled * 100,000 50,000 10.4 MW * Development costs for these projects have not yet been estimated as of the date of this report. (1) Includes estimated capitalization for construction and development, including closing costs, capitalized interest, leasing commissions and capitalized operating carrying costs, as applicable. As of March 31, 2008, we had incurred development costs of $199.3 million, $14.7 million, $28.3 million, $32.7 million and $4.2 million in connection with CH1, NJ1, SC1, ACC5/6, and ACC7 respectively. (2) Gross building area is the entire building area, including raised square footage (the portion of gross building area where our tenants' computer servers are located), tenant common areas, areas controlled by us (such as the mechanical, telecommunications and utility rooms) and, in some facilities, individual office and storage space leased on an as available basis to our tenants. (3) Raised square footage is that portion of gross building area where our tenants locate their computer servers. We consider raised square footage to be the net rentable square footage in each of our facilities. Office and storage space is de minimis. (4) Critical load (also referred to as IT load or load used by tenants' servers or related equipment) is the power available for exclusive use by our tenants expressed in terms of MW or kW (1 MW is equal to 1,000 kW). In addition to critical load, each of our data centers is designed to provide sufficient additional power to cool our tenants' servers, which we refer to as essential load. Estimated critical loads for ACC5, SC1, NJ1 and SC2 are based generally on our present intention to employ designs for these facilities similar to our ACC4 prototype. The estimated critical loads for ACC6 and ACC7 are expected to be lower due to constraints imposed on us by the size of the properties. Research Analysts Michael Bilerman Citigroup, Inc. 399 Park Avenue New York, NY 10043 (212) 816-1383 michael.bilerman@citi.com Christopher Haley Wachovia 7 Saint Paul Street MD5202 Baltimore, MD 21202 (443) 263-6773 Christopher.haley@wachovia.com David Harris Lehman Brothers 745 Seventh Avenue 18th Floor New York, NY 10019 (212) 526-1790 Dharris4@lehman.com Omotayo Okusanya UBS 1285 Avenue of the Americas New York, NY 10019 (212) 713-1864 Omotayo.okusanya@ubs.com Paul Puryear Raymond James & Associates 880 Carillion Parkway St. Petersburg, FL 33716 (727) 567-2253 Paul.puryear@raymondjames.com Jordan Sadler KeyBanc Capital Markets 575 Fifth Avenue 18th Floor New York, NY 10017 (917) 368-2280 jsadler@keybanccm.com

DuPont Fabros Technology, Inc.

CONTACT: Investor|Media Inquiries, Victoria Baker of Financial Relations
Board, +1-703-796-1798, for DuPont Fabros Technology, Inc.

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

Captaris and Canon U.S.A. Announce Support for Canon Network ScannersIntegration enhances collaboration for documents scanned via ScanFront 220 devicesHighlights- Captaris RightFax, FaxPress and Alchemy support Canon ScanFront 220 devices- Canon and Captaris customers can scan to Captaris products for capture, delivery and archival

BELLEVUE, Wash., May 15 /PRNewswire-FirstCall/ -- Captaris, Inc. , a leading provider of software products that automate document-centric processes and Canon U.S.A., Inc., a leader in digital imaging and office solutions, today announced Captaris product support for Canon network scanners. Successful testing demonstrated Captaris RightFax, FaxPress and Alchemy MFP Module provide efficient capture, distribution and archival for documents scanned via Canon imageFORMULA ScanFront 220 network scanners.

The ScanFront 220 (standard) and 220P (professional) devices enable scanning and delivery of documents to network destinations. Captaris solutions automate the management of paper and document processes. Together, the technologies provide a full range of reliable and efficient document management capabilities.

For document distribution, Canon and Captaris users select the Scan-to- Email option via the ScanFront 220 touch-screen interface. RightFax and FaxPress then retrieve and send the documents via an email gateway that allows the delivery of faxes from an email client using SMTP. To load files in the Alchemy MFP Module digital repository, users scan documents via the Scan-to- Shared Folder selection, then index the files from any networked PC. ScanFront 220 devices also allow routing of scanned files to FTP servers or USB memory. The compact color duplex scanners handle up to 26 letter-sized pages per minute (35 ipm).

"Canon's ScanFront capture and sharing technology enhances document collaboration within a customer's network," noted Jim Rosetta, vice president and general manager, Imaging Systems Group, Canon U.S.A. "The combination of Canon's ScanFront and Captaris solutions extend productivity and cost- efficiency for communication with external contacts and for secure, accessible digital archival."

"Canon and Captaris customers recognize the demands of a digital workplace. Our joint solutions provide tools to manage the full range of document-related tasks so customers can focus on core business objectives rather than shuffling paper," said Paul Yantus, executive vice president of marketing and new product development for Captaris.

RightFax is the proven market leader in fax server, document delivery and fax software. FaxPress "all-in-one" fax servers are a complete hardware and software solution. RightFax and FaxPress enable distribution of fax documents directly from applications, various email environments and over the Internet. The Alchemy MFP Module is an electronic filing cabinet for multifunction devices and network scanners. Users can securely store any document type and then find it within seconds, even years later.

About Captaris Inc.

Captaris, Inc. is a leading provider of software products that automate document-centric business processes. Captaris specializes in document capture, recognition, routing, workflow and delivery. Captaris integrated solutions provide interoperability with leading lines of business applications and technology platforms. Captaris products include RightFax, Captaris Workflow, Alchemy, FaxPress, DOKuStar, RecoStar, Single Click Entry and IDStar which are distributed through a global network of leading technology partners. Captaris customers include the entire Fortune 100 and the majority of Global 2000 companies. Headquartered in Bellevue, Washington, Captaris was founded in 1982 and is publicly traded on the NASDAQ Global Market under the symbol CAPA. http://www.captaris.com/

About Canon U.S.A., Inc.

Canon U.S.A., Inc. delivers consumer, business-to-business, and industrial imaging solutions. Its parent company, Canon Inc. , a top patent holder of technology, ranking third overall in the U.S. in 2007(1), with global revenues of $39.3 billion, is listed as one of Fortune's Most Admired Companies in America and is on the 2007 BusinessWeek list of "Top 100 Brands." To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting http://www.usa.canon.com/pressroom.

(1) IFI Patent Intelligence Press Release, January 2008

(C) 2008 All rights reserved. No part of this publication may be reproduced, transmitted, transcribed, stored in a retrieval system, or translated into any language in any form by any means without the written permission of Captaris. The following are registered trademarks and trademarks of Captaris: Captaris, the Captaris logo, Alchemy, RightFax, FaxPress and Captaris Workflow. RecoStar, DOKuStar, DOKuStar Capture Suite, Single Click Entry, and Invoice CENTER are trademarks of Oce Document Technologies GmbH. All other brand names and trademarks are the property of their respective owners.

Captaris, Inc.

CONTACT: Kim LaPlante of Captaris, Inc., +1-425-455-6000,
kimlaplante@captaris.com

Web site: http://www.captaris.com/
http://www.usa.canon.com/

XFL (TSE:9399) Expands China News Services for MSN Money Japan in Time for the 2008 Beijing Olympics

SHANGHAI, China and TOKYO, May 15 /Xinhua-PRNewswire/ -- Xinhua Finance Limited ("XFL", TSE Mothers: 9399 and OTC: XHFNY), China's premier financial information and media service provider, today announced that it has extended its cooperation with the Microsoft Online Service Department in Tokyo with the launch of a feature section on the financial portal MSN Money under MSN Japan ( http://money.jp.msn.com/ ) to fulfill Japanese investors' keen interest in China intensified by the momentum heading to the Beijing Olympics this summer. Focusing on China's stock market and renminbi ("RMB") movement, the new, intensive financial information service, Beijing 2008 Feature Section, is available for six months from April 15 through October 14, 2008. The section is further strengthened lately in May with the addition of legal information about mergers and acquisitions.

The cooperation of the two companies started last May and since then Xinhua Finance has been providing MSN Money Japanese language news on China's stock market, Chinese companies, China index values and market data. The newly launched Beijing 2008 Feature Section additionally provides Chinese stock commentary given by Joseph Lau of Taifook Assets Management Ltd in Hong Kong at the invitation of Xinhua Finance, interviews with Chinese companies that Japanese investors are interested in, as well as news related to renminbi and Olympics. The section is further strengthened in May providing MSN users valuable information and analyses on "RMB and M&As in China" offered by professionals of the Beijing-based Zhong Lun Law Firm. The fortified section is expected to offer Japanese investors a deeper insight into China and its currency as they are making their investment decisions.

XFL CEO Fredy Bush said, "We are delighted that the news content we delivered over the year are well received by the MSN users and we are more than happy to start the exclusive program with MSN to provide more China news and information in Japan. The news service expansion manifests both parties' timely response to client needs. It is also a reflection of Xinhua Finance's consistent efforts to seek innovative and effective ways to keep the markets connected and well informed."

Notes to Editors About Xinhua Finance Limited

Xinhua Finance Limited ("XFL") is China's premier financial information and media service provider and is listed on the Mothers Board of the Tokyo Stock Exchange (symbol: 9399) (OTC ADRs: XHFNY). Bridging China's financial markets and the world, Xinhua Finance's proprietary content platform, comprising Indices, Ratings, Financial News, and Investor Relations, serves financial institutions, corporations and re-distributors worldwide. Through its subsidiary Xinhua Finance Media Limited , XFL leverages its content across multiple distribution channels in China including television, radio, newspaper, magazine and outdoor media. Founded in November 1999, XFL is headquartered in Shanghai, with offices and news bureaus spanning 11 countries worldwide.

For more information, please visit http://www.xinhuafinance.com/

This is a press release to the public and should not be relied on as information to make an investment decision by any investor. Investors should read the Company's Securities Report filed to Tokyo Stock Exchange and consider the risk factors together with other information contained therein when making an investment decision. This press release contains some forward- looking statements that involve a number of risks and uncertainties. A number of factors could cause actual results, performance, achievements of the Company or industries in which it operates to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

More Information: Xinhua Finance Shanghai Ms. Joy Tsang Tel: +86-21-6113-5999 +86-136-2179-1577 Email: joy.tsang@xinhuafinance.com

Xinhua Finance Limited

CONTACT: Ms. Joy Tsang of Xinhua Finance, Shanghai, +86-21-6113-5999, or
+86-136-2179-1577, or joy.tsang@xinhuafinance.com

SAP and TechniData Release Market's Most Comprehensive Solution for Achieving EU Chemical Regulation ComplianceSAP(R) REACH Compliance Alleviates Business Disruptions Associated with REACH Registration, Substance Usage, Management, Logistics Collaboration and Legal Processes

NEWTOWN SQUARE, Pa., May 15 /PRNewswire-FirstCall/ -- SAP AG and TechniData AG, the SAP development partner for environmental compliance solutions, today announced the availability of SAP(R) REACH Compliance, the market's most comprehensive software application for addressing complex tasks required by the European Registration, Evaluation and Authorization of Chemicals (REACH) legislation. The first REACH compliance deadline is pre- registration, which runs from June 1, 2008 to November 30, 2008. The remaining three REACH deadlines will occur in 2010, 2013 and 2018, respectively.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a)

During the first several years under REACH, the average chemical company is estimated to handle 15,000 compliance projects, each involving substance registration, usage and management, supply chain, financial and legal processes. REACH places the burden of proving the safety of chemical substances, products and consumer use on the manufacturer and importer. Chemical, consumer product, mill, oil and gas, pharmaceutical and other process manufactures will be denied the right to trade non-compliant substances within the European Union (EU).

Clariant, a global leader in the field of specialty chemicals, aggressively implemented of SAP REACH Compliance months before the first legislative deadline.

"From day one, Clariant will enjoy a competitive advantage under compliance, with the unique ability to manage all aspects of mandated data via a single software application," said Dr. Uwe Wolfmeier, Head of Corporate Product Safety, Clariant. "The level of enterprise-wide execution demanded by REACH is simply too complex to trust to disparate point applications, let alone ones that don't integrate with a company's existing core business processes."

Despite the potential for significant business disruptions and revenue losses related to non-compliance, a recent PricewaterhouseCoopers survey indicates that many chemical companies are expected to miss the 2008 REACH deadline. Companies are underestimating the level of enterprise-wide coordination, and remain uncertain about the type of technology commitment required to achieve compliance.

"Companies have recognized the importance and the necessity of IT support for REACH" said Jurgen Schwab, CEO, TechniData. "Reach will be an ongoing task, not only an activity for 2008. Companies that set up the right REACH IT infrastructure today will avoid an ongoing struggle with insufficient tools in the future."

SAP REACH Compliance integrates with companies' existing enterprise resource planning, supply chain management and SAP(R) Environment, Health & Safety applications. The solution from SAP and TechniData also supports third- party software for authoring chemical-safety assessments, chemical-safety reports and standard EU REACH exchange formats, such as the IUCLID 5 solution.

Key functionalities of SAP REACH Compliance include: Substance and Usage Management -- Manage data and track chemicals used in particular preparations, products and requisite documents, including chemical-safety assessments, chemical-safety reports and enhanced material-safety data sheets. -- Evaluate current REACH status, track quantities of single substances for a single legal entity or monitor substances on a corporate level covering multiple legal entities, and identify and rectify any compliance gaps. Supply Chain Collaboration -- Electronic information exchange of processes involved in REACH-related supply chain communication, supported by material-safety data sheets and questionnaire-based communication for use and exposure scenarios. -- Supplier and customer communication data tracking, including how customers use a product in order to draw up exposure scenarios for substances, and initiate follow-up activities based on deadlines and business-partner responses. Legal Process Management for REACH -- Organize and monitor all authority-related processes, including registration, notification and authorization. -- Collaborate document management between internal and external groups to expedite registration management, keeping business processes transparent, reliable and viewable in real-time. -- Plan on detailed substance and full substance-portfolio management levels to control costs, coordinate activities and successfully register substances and receive authorization with REACH authorities.

"Providing a single integrated solution for all REACH regulatory needs significantly reduces companies' compliance costs and implementation times," said Franz Hero, vice president, Chemicals, SAP AG. "With global competition and economic pressures increasing exponentially, companies cannot afford to slow down for regulatory business disruptions. SAP REACH Compliance enables companies to forge ahead at full throttle, without having to make pit stops to change regulatory tires."

SAPPHIRE(R) 2008 Orlando and SAPPHIRE(R) 2008 Berlin

More than 15,000 customers, partners and technical experts are convening at SAPPHIRE 2008 to discover how SAP and its thriving partner ecosystem are delivering IT solutions that create value beyond the four walls of the enterprise, to create "business beyond boundaries." SAP's premier educational and networking event, SAPPHIRE is the one occasion where senior executives, business managers, and decision-makers can come together every year to explore how innovative business solutions foster long-term, profitable growth. SAPPHIRE(R) 2008 was held in Orlando, Florida, May 4-7, and is being held in Berlin, Germany, May 19-21, 2008. For more information, please visit http://www.sap.com/sapphire.

About SAP

SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 47,800 customers (excludes customers from the acquisition of Business Objects) in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." (For more information, visit http://www.sap.com/)

(*) SAP defines business software as comprising enterprise resource planning and related applications.

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

Copyright (C) 2008 SAP AG. All rights reserved.

SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24 United States Only: 1 (800) 872-1SAP (1-800-872-1727) For more information, press only: Evan Welsh, +49 (6227) 7-67514, evan.welsh@sap.com, CET SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; press@sap.com Jim Sarlo, Burson-Marsteller, +1 (312) 596-3525, jim.sarlo@bm.com, CDT

Photo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com SAP AG

CONTACT: Evan Welsh, +49 (6227) 7-67514, evan.welsh@sap.com, CET; SAP
Press Office, +49 (6227) 7-46315, CET, +1-610-661-3200, EDT, press@sap.com; or
Jim Sarlo of Burson-Marsteller, +1-312-596-3525, jim.sarlo@bm.com, CDT

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

ViewCast Corporation Reports 2008 First-Quarter Financial ResultsRevenue Growth on Higher Sales of Streaming Equipment; Gross Margin and Operating Income Rise; Year-Over-Year EBITDA Growth Continues

PLANO, Texas, May 15 /PRNewswire-FirstCall/ -- ViewCast Corporation (BULLETIN BOARD: VCST) , a leading global provider of streaming media hardware and software, today reported financial results for the first quarter ended March 31, 2008.

Revenues for the quarter rose more than 18 percent to $4.1 million, from $3.5 million in first-quarter 2007, due to growth in multi-unit sales of Niagara streaming encoding systems and higher sales of Osprey capture cards. Gross profit increased to $2.8 million, or 68 percent of revenues, from $2.0 million, or 58 percent of revenues, in first-quarter 2007, due to positive adjustments in pricing and discount policies and lower cost of sales.

President and Chief Operating Officer Dave Stoner remarked: "We're pleased to report another quarter of year-over-year revenue growth and expect this trend to continue. We attribute this trend to stronger direct sales and marketing, sales through channel partners that are beginning to gain traction, and ongoing growth in market demand for live and on-demand streaming. Regionally, North America continues to be the source of strongest growth, followed by the Pacific Rim and South America."

Stoner also said that he expects gross margins to remain strong based primarily on pricing strength, scale and other efficiencies.

Operating expenses for the quarter were higher at $2.5 million, compared to $2.0 million in first-quarter 2007, due to higher sales and marketing expenses and increased research and development (R&D) costs. During the quarter the Company added sales reps, a partnership/alliance manager, and additional marketing staff. Development of the Osprey(R) 450e and the Niagara(R) GoStream SURF contributed to the rise in R&D costs. Both new products were introduced to the market at the National Association of Broadcasters trade show in April.

Despite higher operating expenses, operating income improved to $246,000 from $68,000 in first-quarter 2007.

Other expense, net, for the quarter was $40,000, compared to other income, net, of $186,000 in first-quarter 2007. The $226,000 variance was due primarily to $250,000 in proceeds received in first-quarter 2007 from an insurance claim.

Net income for first quarter 2008 was $201,000 compared to net income of $254,000 in the first quarter of 2007. After preferred dividends, first-quarter 2008 net loss per share was less than a penny, or $(0.00) per share, compared to net income of less than a penny, or $0.00 per share, in the first quarter of 2007.

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter was $358,000, or 9 percent of revenue, compared to EBITDA of $129,000, or 4 percent of revenue, in first-quarter 2007. EBITDA is a non-GAAP measure that ViewCast management believes can be helpful in assessing the Company's overall performance and considers an indicator of operating efficiency and earnings quality. The Company advises that EBITDA be viewed in conjunction with the Company's reported financial results and other financial information prepared in accordance with GAAP.

Stoner stated: "Our first quarter is typically a softer quarter for revenue, and with increased investment in sales, marketing and development of partner channels, we expect to be in good position to boost revenue growth in subsequent quarters.

"Furthermore," Stoner added, "recently introduced streaming hardware, the Osprey 450e capture card and Niagara GoStream SURF encoder, are attracting interest from broadcast, enterprise and government sectors. Annual spending on streaming hardware is expected to rise as broadcasters and other content owners respond to recent data from comScore Inc. indicating online views increased 66 percent in the U.S. in February from a year earlier."

Chief Financial Officer Laurie Latham commented: "Except for planned higher operating expenses related to the sales and marketing build-out and increased product development, financial performance improved year-over-year, which has generally been the case each quarter since the beginning of 2007. Continued focus on cost control has enabled us to not only produce operating income for the quarter and continue to generate positive EBITDA but also strengthen sales, marketing and product development, which are key elements of our growth strategy.

"With favorable market conditions, stronger sales, increased marketing and positive sales indicators during first quarter, we reiterate our guidance for revenue growth at more than 20 percent for full-year 2008, compared to full-year 2007," Latham stated.

Latham added that the Company is taking steps toward accelerating growth and improving shareholder value through additional strategic initiatives to expand its business, gain broader market share and strengthen the Company's financial structure.

Conference Call Information

A conference call with management is scheduled today at 11 a.m. EDT to discuss the Company's financial results, business strategy and outlook for 2008. The call may be accessed by dialing 800-762-8779 five minutes prior to the scheduled start time and referencing ViewCast. For callers outside the United States, dial 480-248-5081. A live audio webcast of the call will also be available at http://www.viewcast.com/irconferencecall. An archive of the webcast will be available at the same web page beginning approximately 30 minutes after the end of the call.

About ViewCast Corporation

ViewCast designs, manufactures and markets high-quality encoding products that enable users to capture, encode and brand audio/video content for live (streaming) and video-on-demand (VOD) delivery over IP and mobile networks. User-friendly encoder appliances include the Niagara(R) Pro and portable Niagara GoStream(R) families -- all powered by their renowned Osprey(R) video capture technology. ViewCast's software, including Niagara SCX(R), Niagara SCX SDK and Osprey SimulStream(R), enhances Osprey and Niagara hardware to configure multiple, simultaneous multi-format, multi-bitrate, multi-resolution video streams. This array of tools empowers broadcasters, businesses, telcos and government to expand their audience via Internet and mobile video. http://www.viewcast.com/

ViewCast, Osprey, Niagara, Niagara SCX, GoStream, SimulStream, and EZStream are trademarks or registered trademarks of ViewCast Corporation or its subsidiaries. All other trademarks appearing herein are the property of their respective owners.

Safe Harbor Statement

Certain statements in this release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and reflect the Company's current outlook. Such statements apply to future events and are therefore subject to risks and uncertainties that could cause actual results to differ materially. Important factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, changes in market and business conditions, demand for the Company's products and services, technological change, the ability of the Company to develop and market new products, increased competition, the ability of the Company to obtain and enforce its patent and avoid infringing other parties' patents, and changes in government regulations. All written and verbal forward-looking statements attributable to ViewCast and any person acting on its behalf are expressly qualified in their entirety by the cautionary statements set forth herein. ViewCast does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date on which the forward-looking statements are made. For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from the Company's forward-looking statements, please refer to the company's reports on Form 10-KSB and 10-QSB on file with the U.S. Securities and Exchange Commission.

ViewCast Contact: Investor Contact: Laurie Latham Dan Matsui Chief Financial Officer Allen & Caron (972) 488-7200 (949) 474-4300 [Financial Tables Follow] VIEWCAST CORPORATION OPERATING HIGHLIGHTS (Unaudited) (In thousands - except per share amounts) Three Months Ended March 31, 2008 2007 Net sales $4,116 $3,482 Cost of sales 1,337 1,447 Gross profit 2,779 2,035 Total operating expenses 2,533 1,967 Operating income 246 68 Total other income (expense) (40) 186 Income tax expense (5) - Net income $201 $254 Preferred dividends (205) (202) Net income (loss) applicable to common stockholders $(4) $52 Net income (loss) per common share: Basic $(0.00) $0.00 Diluted (0.00) 0.00 Weighted Average number of common shares outstanding: Basic 32,080 30,643 Diluted 32,080 47,053 RECONCILIATION OF NET INCOME TO EBITDA (Unaudited) (In thousands) Three Months Ended March 31, 2008 2007 Net Income $201 $254 Depreciation and amortization 112 61 Total other and income tax expense 45 (186) EBITDA $358 $129

ViewCast Corporation

CONTACT: Laurie Latham, Chief Financial Officer of ViewCast Corporation,
+1-972-488-7200; or Investors, Dan Matsui of Allen & Caron, +1-949-474-4300,
for ViewCast Corporation

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

UpSNAP Investor Conference Call

DAVIDSON, N.C., May 15 /PRNewswire-FirstCall/ -- UpSNAP, Inc. (BULLETIN BOARD: UPSN) , a leader in voice/text based advertising and content services that work on all mobile phones, announced today that it will host a conference call for investors at 5:00 PM ET (2:00 PM PT) on May 15, 2008 to discuss its results of operations for the second fiscal quarter of 2008, business achievements during the period, and future opportunities.

Interested parties are invited to call (712) 451-6100 and enter the participant access code 147373#.

About UpSNAP, Inc.

UpSNAP is a leader in voice/text based advertising and content services that work on all mobile phones. UpSNAP effectively delivers compelling mobile content to consumers, including text/audio content from major entertainment companies. Visit http://www.upsnap.com/ for more information.

Safe Harbor Forward-Looking Statements

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made herein are not a guarantee of future performance. This release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of UpSNAP and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.

PRIMARY CONTACT: Wendy Headrick UpSNAP, Inc. 704-895-4121

UpSNAP, Inc.

CONTACT: Wendy Headrick of UpSNAP, Inc., +1-704-895-4121

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

China Finance Online Appoints Alex Xu as Chief Strategy Officer

BEIJING, May 15 /Xinhua-PRNewswire/ -- China Finance Online Co. Limited , a leading Chinese online financial information, data and analytics provider, today announced the appointment of Alex Xu as Chief Strategy Officer, effective on May 12th, 2008. Mr. Xu will report to Zhiwei Zhao, CEO of China Finance Online.

Mr. Xu will play an important role on implementing China Finance Online's corporate strategy, developing the company's capital market roadmap, and strengthening relationship between the Company and investment community, to build up long-term shareholders' value.

''We are very excited to welcome Alex on board.'' said Zhiwei Zhao, the Company's CEO, ''his unique understanding of capital market and his credibility with institutional investors will make him an exceptional asset for the Company, and his comprehensive knowledge of our company through prior research coverage should enable him to make immediate contribution to our corporate development. We believe this appointment will further strengthen our senior management team and accelerate the development of China Finance Online.''

''China Finance Online is a well run and promising company with a unique business model and an experienced and professional management team,'' said Alex Xu, ''Having watched significant progress China Finance Online has made over the past few years, especially the successful turnaround in 2006, I look forward to working with this exceptional management team to realize the company's full potential and my knowledge and experience can help investors understand more about the company and enhance long-term shareholders' value of China Finance Online.''

Mr. Xu brings over 6 years of experience in investment research and capital market, covering technology, consumer/service, and energy sectors. Most recently, he served as a Senior Vice President at Brean Murray, Carret & Co., a boutique investment bank in New York, responsible for research coverage of US listed Chinese companies. Prior to Brean Murray, Mr. Xu worked in research departments at Bank of America Securities LLC and UBS AG in New York. Mr. Xu earned his MBA degree with distinction from Cornell University, and is a CFA charterholder.

About China Finance Online Co. Limited

China Finance Online Co. Limited is the market leader in providing online financial and listed company data, information and analytics in China. Through its websites, http://www.jrj.com/ and http://www.stockstar.com/ , the company provides individual users with subscription-based service packages that integrate financial and listed company data, information and analytics from multiple sources with features and functions such as data and information search, retrieval, delivery, storage and analysis. These features and functions are delivered through proprietary software available by download, through internet or through mobile handsets. Through its subsidiary, Shenzhen Genius Information Technology Co. Ltd, the company provides financial information database and analytics to institutional customers including domestic securities and investment firms. Through its subsidiary, Daily Growth Investment Company Limited, the company provides securities brokerage services for stocks listed on Hong Kong Stock Exchange.

For further information please contact: Investor Relations China Finance Online Co. Limited Tel: +86-10-5832-5288 Email: ir@jrj.com

China Finance Online Co. Limited

CONTACT: Investor Relations of China Finance Online Co. Limited,
+86-10-5832-5288, or ir@jrj.com

Web Site: http://www.jrj.com/
http://www.stockstar.com/

Verizon Wireless Activates New Cell Sites in Butler County, Ohio

HAMILTON, Ohio, May 15 /PRNewswire/ -- Verizon Wireless, the wireless company with the highest customer loyalty, has activated two new cell sites in Butler County that improve its network coverage in Hamilton from Black Road south to Washington and from State Route 4 west to Winston, and along State Route 73 between Darrtown and Collinsville.

With the improved network coverage, more customers can use their wireless phones to make calls; send and receive email and text, picture and video messages; download music, games and ringtones; and view high-quality videos while enjoying clearer reception and fewer dropped calls.

"Network reliability is the No. 1 reason that customers choose and stay with Verizon Wireless," said Roger Tang, president-Ohio/Pennsylvania/West Virginia Region, Verizon Wireless. "Getting through on the first try and maintaining a connection are important to our customers. We continue to optimize our network so that it remains the most reliable in the nation."

This new cell site is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Ohio and throughout the country. Verizon Wireless has invested more than $45 billion since it was formed-$5.5 billion on average every year- to increase the coverage and capacity of its national network and to add new services. Last year, the company invested nearly $190 million in its Ohio network improvements.

About Verizon Wireless

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

Verizon Wireless

CONTACT: Laura Merritt of Verizon Wireless, +1-614-560-2605,
laura.merritt@verizonwireless.com; Laura Deaton for Verizon Wireless,
+1-513-271-7222 ext. 15, ldeaton@wordsworthweb.com

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

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News archive of November 2009
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