Digchip : Database on electronics components
 

Members login  
Email:
Password:


Companies news of 2008-05-19 (page 4)

  • Lotus Pharmaceuticals, Inc. Obtains Patent and Exclusive Production Rights to...
  • CCID Consulting: China's Projector Market Sales Revenue Reaches 1.389 Billion Yuan in 2008...
  • xpedx Targets U.S. Businesses and Consumers With Newly Launched xpedxstores.comFor...
  • Waytronx Acquires Privately Held Electronics Components Provider CUI, Inc. for $37.5...
  • Jillian Michaels and Waterfront Media Partner with eDiets.com(R) on Meal Delivery PlanThe...
  • 'BPO Powered by Oracle' Puts Oracle Applications and Technology 'Under the Hood' of BPO...
  • SunPower Announces Third Solar-Cell Fab1-Gigawatt-Scale Factory to be Built in Malaysia
  • ShoreTel's Enhanced Unified Communications Solution Facilitates Greater Business...
  • Joytoto USA, Inc. Receives and Completes its First U.S. Purchase Order
  • Bonnier Relies on Oracle(R) to Power Popular Online PropertiesLeading Publisher Upgrades...
  • LOVEFiLM Loves Interwoven OptimostOptimization Proves Small Strategic Changes in Web...
  • Belden's CEO Enters 10b5-1 Program
  • Expedia Adds More Fuel to Their Summer Sale With Free GasHotel Stay of Three or More...
  • Atmel's High-temperature Driver ICs in BCD-on-SOI Technology Open the Door to 150 Degrees...
  • On2(R) Improves VP6 Video Quality for Flash By Up to 40%New quality improvements fully...
  • AT&T Answers the Need for Speed in ReadingCompany Delivers Supercharged Wireless Access to...
  • Silicon Image Appoints New Vice President of EngineeringRashid Osmani To Lead Company's...
  • NCTA and TiVo Announce Progress on Switched Digital Adapter for TiVo DVRsSDV solutions...
  • Atmel's High-temperature Driver ICs in BCD-on-SOI Technology Open the Door to 150 Degrees...
  • Novellus Launches New Suite of Dry Strip and Clean SystemsG400 Sets Benchmark as the...
  • National Semiconductor Introduces Industry's First Emulated Current-Mode-Controlled...
  • National Semiconductor Helps Customers Solve System-Energy ChallengesCompany's New...
  • Dell and Alienware First to Ship High-Performance Laptops Powered by New Seagate(R)...
  • SAIC Awarded $46 Million Contract by the U.S. Army Contracting AgencyCompany to Support...
  • RRsat Expands Agreement With Sony Pictures Television International and Broadcasts AXN...
  • BCE substantially satisfies conditions for CRTC approval
  • Alliance Data To Present at the Seventh Annual JMP Securities Research Conference
  • Environmental Tectonics Corporation Announces Sale of Two Hyperbaric Monoplace Chambers
  • Qualcomm and CETECOM Enter Into a MediaFLO Test Services Agreement- CETECOM USA to Become...
  • Hastings Entertainment, Inc. Announces Record First Quarter Earnings* Net income growth...



    Lotus Pharmaceuticals, Inc. Obtains Patent and Exclusive Production Rights to Laevo-Bambutero Asthma Treatment

    BEIJING, China, May 19 /Xinhua-PRNewswire-FirstCall/ -- Lotus Pharmaceuticals, Inc. (BULLETIN BOARD: LTUS) ("Lotus" or the "Company"), a pharmaceutical company in the People's Republic of China ("PRC"), today announced that it has signed the technology transfer agreement for Laevo- Bambutero with Dongguan Kaifa Biomedicine, Inc. ("Dongguan Kaifa"). Under the terms of agreement, Lotus obtained the patent and the exclusive production rights for Laevo-Bambutero in China.

    The Company intends to market Laevo-Bambutero as a better alternative to Bambutero for the treatment of asthma, since it is uses an integrated method of composition and has fewer side effects. Lotus plans to launch the drug by 2012, pending on the approval from SFDA. Approximately 300 million people in the world suffer from asthma and that figure is expected to grow over the coming years due to increasing air pollution and other environmental factors. Lotus estimates that 400 million people will have asthma by 2015.

    The Chinese government has granted a patent for Laevo-Bambutero. Lotus obtained the patent, along with exclusive production rights for Laevo-Bambutero in China, through the technology transfer agreement with Dongguan Kaifa for a cash payment of RMB 48 million and a 3% royalty on products sales. The Company has already paid RMB 20 million to Dongguan Kaifa.

    "Through the technology transfer agreement with Dongguan Kaifa we have obtained exclusive production rights to a highly effective drug with a large addressable patient population," said Dr. Zhongyi Liu, Chairman, CEO and President of Lotus Pharmaceuticals, Inc. "We believe that the commercialization of Laevo-Bambutero will help to further strengthen and diversify our product portfolio and make a meaningful contribution to our revenue in the years ahead."

    About Lotus Pharmaceuticals, Inc.

    Lotus Pharmaceuticals, Inc. ("Lotus") controls and operates Liangfang Pharmaceutical, Ltd. ("Liangfang") and Enze Jiashi Pharmaceutical, Ltd. ("Enze"), two pharmaceutical companies located in Beijing, China. Together, Liangfang and Enze form the main enterprise (together, "Lotus East"), which integrates the production, trade, sales and marketing operations of pharmaceutical products. Lotus East has some of the most advanced pharmaceutical-production equipments in China. The combined company has manufacturing facilities certified by the National GMP, a portfolio of medicines produced by Liangfang and/or Enze and a number of highly skilled scientists on staff. Lotus East has office facilities of 2,000 square meters, warehouse of 1,000 square meters and operates ten retail pharmacies in the Beijing area. Lotus East engages in the business of new drug discovery, drug manufacturing, wholesale and retail sale of medicines. For more information, visit http://www.lotuseast.com/ .

    Safe Harbor Statement

    This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including changes from anticipated levels of sales, future national or regional economic and competitive and regulatory conditions, changes in relationships with customers, access to capital, difficulties in developing and marketing new products, marketing existing products, customer acceptance of existing and new products, and other factors. Additional information regarding risks can be found in the Company's Annual Report on Form 10K filed with the SEC. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.

    For more information, please contact: Lotus Pharmaceuticals, Inc. Mr. Adam Wasserman, CFO Tel: +1-877-801-0344 Email: info@LotusEast.com CCG Elite Investor Relations Inc. Mr. Crocker Coulson, President Tel: +1-646-213-1915 (New York) Email: crocker.coulson@ccgir.com Web: http://www.ccgelite.com/

    Lotus Pharmaceuticals, Inc.

    CONTACT: Mr. Adam Wasserman, CFO of Lotus Pharmaceuticals, Inc.,
    +1-877-801-0344, or info@LotusEast.com; Or Mr. Crocker Coulson, President of
    CCG Elite Investor Relations Inc., +1-646-213-1915 (New York), or
    crocker.coulson@ccgir.com




    CCID Consulting: China's Projector Market Sales Revenue Reaches 1.389 Billion Yuan in 2008 Q1

    BEIJING, May 19 /Xinhua-PRNewswire/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (HKSE: 8235.HK), released its article on the sales revenue of China's projector market reaching 1.389 billion Yuan in 2008Q1

    CCID Consulting's data shows that the sales volume of China's projector has reached 106.6 thousand sets in 2008Q1, up 13% over 2007Q1; sales revenue reached 1.389 billion Yuan, up 12.7% over 2007Q1. Growth rate has obviously slowed down. As for the market competition pattern, the top five brands in China's projector market in 2008Q1 were TOSHIBA, EPSON, BenQ, SONY and HITACHI (the ranking is according to sales volume). TOSHIBA has performed well since 2007, which exceeds EPSON and gains topmost sales volume in China's market. On one hand, HITACHI is strengthening its commercial market; on the other hand, HITACHI increases its investment into education industry. The sales volume of HITACHI is rising constantly, exceeds INFOCUS and Panasonic, and enters into the top five.

    Figure 1. The Comparison of the Size of China's Projector Market, 2007Q1-2008Q1 http://www.ccidconsulting.com/upload/13032.jpg Source: CCID Consulting, April 2008 Figure 2. The Sales Volume Structure of China's Projector Market in 2008Q1 http://www.ccidconsulting.com/upload/13033.jpg Source: CCID Consulting, April 2008 The Market Tends to Be Mature; Growth Rate is Starting to Slow Down

    China's projector market has grown rapidly since 2000. In 2001, the sales volume was 61 thousand sets; but in 2007, the sales volume was 649 thousand sets, and the growth rate in 2007 was 33.5%. With projectors' technical maturity and price drops, the competition between manufacturers is heating up, and consumers' purchases tend to be rational. China's projector market is starting to enter into a balanced mature period. The growth rate of the projector market's sales volume slows down in 2008.

    Price War Transfers to Channel War, Major Manufacturers Pay More Attention to the High-end Market

    With the development of both IT applications and the projector market, and expansion into the application fields, many professional industrial markets, such as government, finance, traffic and communications, the wide applications of multimedia audiovisual education, multimedia conference systems and video systems bring great market demands to high-end projectors. NEC, TOSHIBA and Mitsubishi been developing the high-end market since 2006, and have been actively launching new high-end projector products. In 2008, Barco and DP are improving their channel construction in China, which makes the way for developing high-end China projectors. Beijing Peaceful & Permanent Science and Technology Company Limited, SMI, and Zhejiang Mintong Technology became regional agents of DP projectors. Barco announced its reorganization of the projectors distribution network in China mainland, and Beijing Founder Century Information System Co., became one of its golden agents, which has good presentation in the high-end projector industry and the AV industry. Channel wars and brand wars will be gradually transition over from price wars in China's high-end projector market. Major manufacturers will increase their market share in the high-end market through developing channels and improving service quality.

    Education, Commerce Are Still the Main Focus of the Projector Market; the Family Market Has Become the Highlight

    In 2008Q1, there is no notable showing in this market, with only BenQ winning educational projects. The purchase peak of education and government purchases has past. However, education and commerce are still the principal parts of China's projector market. The education industry market has had steady development, whose market share is nearly 50%. With SMEs' development and projector prices' drop, projectors' commerce application rises steadily. China's projector market tends towards a mature development stage. Projector manufacturers have started to pay attention to the large family market. The major manufacturers, such as Sony and BenQ, are launching household HD projectors. In 2008, besides the low-price, family entertainment projector, household HD projectors have become the highlight. Projectors' family market has a bright future.

    Figure 3. The Vertical Market Structure of China's Projector Market in 2008Q1 http://www.ccidconsulting.com/upload/13034.jpg Source: CCID Consulting, April 2008 About CCID Consulting

    CCID Consulting Co., Ltd. (hereinafter known as CCID Consulting), the first Chinese consulting firm listed in the Growth Enterprise Market of the Stock Exchange (GEM) of Hong Kong (stock code: 8235.HK), is directly affiliate to China Center for Information Industry Development (hereinafter known as CCID Group). Headquartered in Beijing, CCID Consulting has so far set up branch offices in Shanghai, Guangzhou, Shenzhen, Wuhan and Chengdu, with over 300 professional consultants after many years of development. The company's business scope has covered over 200 large and medium-sized cities in China.

    Based on major areas of competitiveness: industrial resources, information technology and data channels, CCID Consulting provides customers with public policy establishment, industry competitiveness upgrading, development strategy and planning, marketing strategy and research, HR management, IT programming and management. CCID Consulting's customers range from industrial users in electronics, telecommunications, energy, finance, automobile, to government departments at all levels and diversified industrial parks. CCID Consulting commits itself to becoming the No. 1 advisor for enterprise management, the No. 1 consultancy for government decisions and the No. 1 brand for informatization consulting.

    For more information, please contact: Cynthia Liu Coordinating Manager CCID Consulting Co., Ltd. Tel: +86-10-8855-9080 Email: liuyan@ccidconsulting.com

    CCID Consulting Co., Ltd.

    CONTACT: Cynthia Liu, Coordinating Manager at CCID Consulting Co., Ltd.,
    +86-10-8855-9080, or liuyan@ccidconsulting.com

    Web site: http://www.ccidconsulting.com/upload/13032.jpg
    http://www.ccidconsulting.com/upload/13033.jpg
    http://www.ccidconsulting.com/upload/13034.jpg




    xpedx Targets U.S. Businesses and Consumers With Newly Launched xpedxstores.comFor businesses: real-time purchasing management and volume pricing of essential suppliesFor consumers: all-in-one access to a world of paper-plus office, printing, crafts, party and specialty supplies

    CINCINNATI, May 19 /PRNewswire/ -- xpedx(R) has launched xpedxstores.com, a new e-commerce website that offers businesses and consumers a wide variety of quality papers, office products, packaging, party and janitorial supplies in small quantities.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20061016/NYM035LOGO )

    xpedxstores.com is the website of the xpedx Stores Division, which operates a network of 150 retail stores in North America and has more than 75,000 business customers. Stores operate under the names xpedx Paper Store, xpedx Paper & Graphics, Arvey(TM), if it's paper!(TM) and PickQuick Papers(TM). xpedx is the largest North American distributor of printing papers and graphics supplies and equipment.

    xpedxstores.com offers more than 15,000 products in the following categories: announcements and invitations, business and office, catering, desktop digital, equipment, filing and storage, gift packaging, graphics, janitorial, pack and ship, paper and envelopes, paper crafting, party, presentation and binding and specialty paper.

    The new site offers round-the-clock ordering availability, quick order turnaround and access to the xpedx Stores inventory. It also offers tools to help customers easily select paper and other supplies. Special promotions and discounts are available.

    Steve Bowden, vice president and general manager of xpedx Stores, said the new site is a "one-stop source for a wide variety of supplies for your business or home. You can quickly get what you need, in the amount you want."

    Bowden added that xpedx "carefully set about developing xpedxstores.com so that it is intuitive, easy to use and helpful for all customers, whether they are a printer, a small or mid-size business or an individual."

    "The launch of xpedxstores.com enables businesses to purchase essential supplies -- and, for the first time, invites consumers to be a part of the xpedx retail buying experience online," added David Wallace, xpedx director of customer service and eBusiness. "xpedxstores.com is another important step toward our goal to make it as easy as possible to do business with xpedx."

    Businesses that have already used xpedxstores.com say it increases their productivity and streamlines purchasing. Site capabilities include a customized list of frequently ordered supplies and real-time access to purchase, payment and invoicing history. "By delivering information when they need it and in a convenient manner, we also help our customers become more efficient," said Wallace.

    Products ordered on the site are available for either store pickup or air/ground delivery. If products are not immediately available, they generally can be within 48 hours.

    Customers place orders using a secure credit card payment. xpedxstores.com uses SSL certificate technology from Equifax(R), a global leader in e-commerce security.

    About xpedx Stores Division

    Headquartered in Chicago, xpedx Stores are a one-stop paper, graphics, packaging and facility supplies source for commercial and in-plant printers, businesses, governments, non-profits and consumers seeking a wide variety of products in smaller order sizes. For more information call 800-600-0064 or visit xpedxstores.com.

    About xpedx

    Cincinnati, Ohio-based xpedx, a business of International Paper , is one of the largest business-to-business distribution companies in North America. xpedx distributes a wide variety of printing paper, graphics, packaging and janitorial-sanitary supplies and equipment from manufacturers worldwide.

    xpedx is one of the largest providers of post-consumer waste content and recycled printing papers in North America and has chain-of-custody certification from the Sustainable Forestry Initiative(R) (SFI), Forest Stewardship Council(TM) (FSC) and the Program for the Endorsement of Forest Certification(TM) (PEFC) at all of its U.S. locations. For more information about xpedx, visit xpedx.com.

    Note: xpedx is a registered trademark of International Paper Company. All other trademarks are the property of their respective owners.

    CONTACTS:

    Contacts: Dave Wallace, director of customer service and eBusiness for xpedx, 513-965-2990; Steve Bowden, vice president and general manager for xpedx Stores Division, 773-442-6300; Jeff Higgins, xpedx corporate director of marketing services, 513-965-2923; Press: Erik Godchaux, Media Strategy Group, Madison, Wisconsin, 608-256-4540

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20061016/NYM035LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com xpedx

    CONTACT: Dave Wallace, director of customer service and eBusiness, +1-
    513-965-2990; Steve Bowden, vice president and general manager,
    +1-773-442-6300; Jeff Higgins, corporate director of marketing services, +1-
    513-965-2923, all of xpedx; Erik Godchaux, Media Strategy Group, +1-608-256-
    4540

    Web site: http://www.xpedx.com/
    http://xpedxstores.com/




    Waytronx Acquires Privately Held Electronics Components Provider CUI, Inc. for $37.5 MillionSynergistic Acquisition Expected to Speed Market Adoption of WayCool Architecture to Address Microwarming in Advanced ElectronicsAccess to Capital Markets Expected to Fuel Growth, Increase Visibility for CUI

    TUALATIN, Ore., May 19 /PRNewswire-FirstCall/ -- Waytronx, Inc. (OTC Bulletin Board: WYNX), the leading provider of openly licensable advanced systems cooling solutions, today announced it has acquired CUI, Inc., a Tualatin, Ore.-based provider of electronic components including power supplies, transformers, converters, connectors and industrial controls for Original Equipment Manufacturers (OEMs).

    Effective immediately, CUI will become a wholly owned subsidiary of Waytronx. Matthew McKenzie will continue as the president of CUI, Inc. and assume the role of chief operating officer of parent company Waytronx. William Clough will remain as president and CEO of Waytronx, and assume the role of CEO of CUI. The company does not expect any organizational changes to CUI's operations in the U.S., China or Sweden.

    The acquisition offers significant synergies for revenue growth. CUI's expertise in power technology combined with the thermal dissipation architecture from Waytronx offer design engineers a comprehensive solution set for the next generation of high power application that must operate at higher temperatures. Also, CUI's manufacturing relationships and R&D infrastructure will accelerate the commercialization of the Waytronx architecture, incorporating a variety of patent pending designs to address intense heat in electronic systems. Cost synergies include leveraging existing sales and distribution infrastructure for cross-selling opportunities.

    With CUI's capabilities and extensive contacts throughout Asia, this acquisition allows Waytronx to continue to develop its proprietary thermal management technology, including both WayCool(TM) and WayFast(TM) technologies. In addition, Waytronx will be working to rapidly bring its product line to market using CUI's market partners and global distribution capabilities. Moreover, CUI's testing and R&D capabilities will allow Waytronx to commercialize and prototype its products more efficiently and economically.

    "This transaction effectively positions Waytronx for accelerated growth," Clough said. "CUI's talent base of technical employees and their world-class sales and distribution network will enable Waytronx to support its portfolio of innovative technology solutions and services. CUI's financial infrastructure, its global sales and distribution network, and its dynamic proprietary Web site will allow us to speed market adoption of our revolutionary WayCool architecture to address microwarming in advanced electronics."

    The acquisition was secured with a combination of cash, equity, and a $14.0 million note held by the current owner. The initial down payment of $6.0 million was funded in partnership with The Commerce Bank of Oregon, which provided the funding in the form of an interest only three-year instrument at a rate below prime interest.

    "We are very enthusiastic about being involved in this exciting new relationship," said Paul Mayer, the chief credit officer at The Commerce Bank of Oregon. "As a community-oriented bank, this is exactly the type of business deal to which we are committed."

    Michael Paul, the president and CEO of The Commerce Bank of Oregon said, "We are especially delighted to be involved with these two organizations, and, in the case of CUI, a local enterprise that has been successfully operating in the Tualatin area for more than 18 years. Molly Whitmore, one of the most professional bankers in Portland will be managing this relationship. Ms. Whitmore, who is a fellow principal at the bank, is a seasoned banker with more than 19 years of experience. Waytronx will benefit from her business insights and experience."

    CUI offers six distinct product lines: interconnect solutions including connectors and cables; sound solutions including speakers and buzzers; control solutions including encoders and sensors; external power solutions; and a specialized brand of internal power solutions known as V-Infinity. These offerings, combined with the Waytronx portfolio of cooling solutions, provide a technology architecture that addresses cooling and power to industries ranging from consumer electronics to defense and alternative energy.

    "This is a significant company milestone," McKenzie said. "We now have access to new sources of capital to expand our programs and services for our existing customer base, as well as pursue growth opportunities. As part of a listed entity, we can also expect enhanced visibility in the market and heightened awareness for our company offerings. Further, the addition of the Waytronx intellectual property portfolio to our current product line will increase our ability to penetrate new markets and thereby grow our core business."

    Since it was formed in 1989, CUI has focused its attention on providing superior customer service and dedication to product quality. CUI's customers have come to rely on its team of talented and knowledgeable employees for crucial engineering support and specialized knowledge. Its value-added services and innovative products reduce the time it takes to identify, design and begin cost effective delivery of new technology. CUI is also a top tier supplier to Digi-Key, one of the world's largest electronics components distributors.

    About CUI, Inc.

    CUI, Inc. is a solutions provider of electromechanical components and industrial controls for OEM manufacturing. Since its inception in 1989, CUI has been delivering quality products, extensive application solutions, and superior personal service. CUI's solid customer commitment and honest corporate message are a hallmark in the industry. For more information, please visit http://www.cui.com/ .

    About Waytronx, Inc.

    Waytronx, Inc. has pioneered and is commercializing innovative thermal management solutions capable of revolutionizing the semiconductor, solar and electronic packaging industries, among others. Utilizing its patented WayCool(TM) hybrid mesh architecture, Waytronx can enhance system performance and remove thermal barriers caused by "microwarming" in today's advanced computing devices. The Company's proprietary central and graphics processor solutions, solar energy cooling solutions and power supply cooling solutions deliver more cost effective and efficient thermal management to the industry. Waytronx changed it name from OnScreen Technologies and re-located its headquarters to the San Diego area in December 2007. For more information, please visit http://www.waytronx.com/ .

    This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.

    WayCool, WayFast, Waytronx and OnScreen are trademarks of Waytronx, Inc. Other names and brands are the property of their respective owners.

    Waytronx, Inc.

    CONTACT: Josie Lee of Brodeur, +1-602-808-1162, Jlee@brodeur.com, for
    Waytronx, Inc.

    Web site: http://www.waytronx.com/
    http://www.cui.com/




    Jillian Michaels and Waterfront Media Partner with eDiets.com(R) on Meal Delivery PlanThe Jillian Michaels Meal Delivery Plan to Launch June 2008

    FORT LAUDERDALE, Fla., May 19 /PRNewswire-FirstCall/ -- eDiets.com, Inc. , a leading provider of personalized nutrition, fitness and weight-loss programs, today announced their partnership with national health and wellness expert Jillian Michaels of NBC's The Biggest Loser and Waterfront Media, the largest privately held online health company and operator of Jillian Michaels Online. The new program, powered by eDiets, distributes a co-branded meal plan for in-home delivery, called The Jillian Michaels Meal Delivery Plan. It is a comprehensive weight-loss program that features premium quality, freshly prepared meals and snacks in calorie-smart portions.

    "Jillian is a beacon to those who are motivated to get into shape and live a healthier lifestyle," says eDiets.com President and Chief Executive Officer, Steve Rattner. "She has inspired millions of viewers with her tough love approach to getting fit and her high standards for healthy living and wellness are a natural fit with eDiets and Waterfront Medias' missions. This is a balanced partnership based on mutual philosophies and we're eager to grow it."

    "I couldn't be more excited and proud of the program that eDiets and I have created," says Michaels. "They share my passion to provide people with powerful and cost effective solutions for living a happier healthier life."

    The Jillian Michaels Meal Plan will feature more than 50 great-tasting, freshly prepared, no added preservatives, zero trans-fat, chef-created meals. All servings, which will consist of breakfast, lunch, dinner and a snack for each day, will make up the 7-day plan and will be packaged in an advanced "chill-fresh" cooler shipped directly to consumers homes via Federal-Express. The plan will cost $19.95 per day plus shipping and handling. When the program becomes available in June, consumers can either order online at http://www.jillianmichaels.com/, or by calling customer service toll-free at: 1.866.756.4084.

    To launch her new meal delivery plan, Jillian will be the lead guest-speaker at the eDiets Live! event in Fort Lauderdale, Florida on Saturday, June 7, 2008, where she will bring her strength-training secrets to attendees first-hand! Getting up close and personal with her fans and eDiets.com members, Jillian will inspire, motivate and talk to guests about the daily struggles of weight loss and the importance of exercise. Dr. Steven Pratt, world-renowned authority on the role of nutrition and lifestyle to prevent disease and author of the SuperFoods RX book series, will also be a featured speaker at the event.

    For more information on The Jillian Michaels Meal Delivery Plan, or to schedule an interview with Jillian or an eDiets or Waterfront Media representative, kindly contact the eDiets.com PR department. For more information on the upcoming eDiets Live! event, kindly log on to: http://www.edietslive.com/.

    About eDiets

    eDiets.com, Inc. is a leading provider of personalized nutrition, fitness and weight-loss programs. eDiets currently features its award-winning, fresh- prepared diet meal delivery service as one of the more than 20 popular diet plans sold directly to members on its flagship site, http://www.ediets.com/. The company also provides a broad range of customized wellness and weight management solutions for Fortune 500 clients. eDiets.com's unique infrastructure offers businesses, as well as individuals, an end-to-end solution strategically tailored to meet its customers' specific goals of achieving a healthy lifestyle. For more information, please call 310-954-1105 or visit http://www.ediets.com/.

    About Waterfront Media

    Waterfront Media is the largest privately held online health company and operates Everyday Health, which attracts over 14 million unique users per month. Through its network of health, diet, fitness and pregnancy Web sites, including its flagship EverydayHealth.com, Waterfront Media enables consumers to live healthier lives every day. For more information, please call 212-886-6712 or visit http://www.waterfrontmedia.com/ .

    Safe Harbor Statement

    Statements which are not historical in nature are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the Company to be materially different from those which may be expressed or implied by such statements. These risks and uncertainties include, among others, that we will not be able to obtain sufficient and/or acceptable outside financing (when and if required), changes in general economic and business conditions; changes in product acceptance by consumers; a decline in the effectiveness of sales and marketing efforts; loss of market share and pressure on prices resulting from competition; significant investments in our technology platform, marketing plans, and product development to remain competitive with other online providers of healthy living and weight loss plans, many of which may be found to offer superior and more varied features than our plans and may also be offered for free; volatility in the advertising markets; any delay, disruption, or suspension of our supply of prepared meals from our vendor; changes in consumer preferences and discretionary spending; product liability and other risks from the sale of ingested products; regulatory actions affecting our marketing activities; and the outcome of litigation pending against us. For additional information regarding these and other risks and uncertainties associated with eDiets.com's business, reference is made to the Company's Annual Report on Form 10-K for the year ended December 31, 2007, and other reports filed from time to time with the Securities and Exchange Commission. All forward-looking statements are current only as of the date on which such statements are made. The Company does not undertake any obligation to publicly update any forward-looking statements.

    eDiets.com, Inc.

    CONTACT: Media, Kathleen Berzon, Public Relations Director of eDiets,
    +1-954-703-6188, kberzon@ediets.com; or Erica Gerard of PMK, +1-212-582-1111,
    erica.gerard@pmkhbh.com, for Jillian Michaels; or Kim Newman of Krupp
    Kommunications, +1-212-886-6712, knewman@kruppnyc.com, for Waterfront Media;
    or Investors, John Mills of ICR Inc., +1-310-954-1105, John.Mills@icrinc.com,
    for eDiets

    Web site: http://www.ediets.com/
    http://www.edietslive.com/
    http://www.waterfrontmedia.com/
    http://www.everydayhealth.com/




    'BPO Powered by Oracle' Puts Oracle Applications and Technology 'Under the Hood' of BPO Provider Service Offerings Around the WorldLower Costs, Increased Revenue Opportunities and Ease of Innovation Drive Partner Momentum; Number of Oracle BPO partners triples in a single year

    REDWOOD SHORES, Calif., May 19 /PRNewswire-FirstCall/ --

    -- More than 15 Business Process Outsourcing providers have signed on to provide BPO services through the "BPO Powered by Oracle" global program. -- Oracle Business Process Outsourcing (BPO) is a sell-through partner program that makes the complete Oracle stack of applications, database and middleware products available to service providers. -- Currently focused on building relationships by BPO functional area, Oracle has secured agreements with BPO providers around the world to offer business process outsourcing based on Oracle software. -- Service providers who have signed on to provide BPO services through the "BPO Powered by Oracle" global program include: -- Human Resources Outsourcing: -- AT&T/USi - US based HRO for mid-sized enterprises -- Hewitt Associates - Global HRO -- IBM - Global HRO -- ICS Computing - UK and Ireland-based HRO for midsized enterprises -- Logica CMG - European HRO -- Symphony BPO Solutions - APAC-based HRO for midsized enterprises -- Tgestiona - Spain-based HRO -- Titan Technology Partners - US-based HRO for midsized enterprises -- Procurement Outsourcing: Provade - Global procurement outsourcing -- Logistics Outsourcing: -- Arkenis - Europe-based logistics management -- Capgemini - Transportation management in North America -- Learning Management Outsourcing -- E-Media - Global e-learning and healthcare marketing -- Quistor - European-based learning management -- Seertech Solutions - Global learning management -- Partners participating in the Oracle BPO partner program can offer "BPO Powered By Oracle" branded solutions and leverage a comprehensive set of programs and services to help them develop and promote their solutions in conjunction with Oracle technology. Supporting Quotes -- "Oracle BPO presents significant opportunities for our service delivery partners. The breadth of Oracle's applications and technology offerings and market share in key BPO markets, as well as special implementation and operational tools help BPO providers around the world offer world-class service to customers at a lower cost, faster, and with less risk," said Tibor Beles, Vice President, Oracle Business Process Outsourcing. "Over the next year, we will add vertically- focused BPO partners in addition to growing our existing horizontally -focused partner ecosystem." -- "Recognizing that much of the future success of BPO depends on standardizing processes across business functions and global regions, Oracle has invested in solutions that enable BPO service providers to deliver outsourced services on their platform," said Mark Stelzner, Principal and Founder of Inflexion Advisors. "As a result, Oracle has built an increasingly impressive BPO service provider program around their comprehensive applications, middleware, and database offerings." -- "Technology will be a critical component of the HRO evaluation and decision," said Monica Barron, Vice President, HRO Research at Everest Research Institute Group. "Technology providers will become more influential within the context of the HRO transaction, and buyers (and advisors) will need to become more knowledgeable about the underlying technology and its impact on service delivery." Supporting Resources

    More information on Oracle Business Process Outsourcing http://www.oracle.com/goto/bpo

    Oracle Business Process Outsourcing Go-To-Market Initiative for Partners http://www.oracle.com/goto/bpopartners

    Process Improvements Without the Pain. A Hewitt Associates and Marriott Customer Case Study

    http://www.oracle.com/profit/apps_strategy/020608_marriott_.html About Oracle

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

    Trademark

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

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

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

    CONTACT: Carol Sato of Oracle, +1-650-633-5551, carol.sato@oracle.com;
    or Kristin Reeves of Blanc & Otus, +1-415-856-5145, kreeves@blancandotus.com,
    for Oracle

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




    SunPower Announces Third Solar-Cell Fab1-Gigawatt-Scale Factory to be Built in Malaysia

    SAN JOSE, Calif., May 19 /PRNewswire-FirstCall/ -- SunPower Corporation , a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced plans to build its next solar cell fabrication plant in Malaysia. When fully operational, Fab 3 is expected to have a nameplate rating in excess of 1-gigawatt of annual production capacity.

    The new manufacturing facility is expected to be constructed in two phases, with the first phase comprised of 14 solar cell production lines with a nameplate capacity of 40 megawatts each. After completion of phase two, at a scale in excess of 1-gigawatt, Fab 3 is estimated to achieve materially lower capital cost per watt compared to SunPower's Fab 1 and Fab 2.

    Solar cell production in Fab 3 is likely to begin in 2010, with the integrated site development planned to start later this year. SunPower will launch its manufacturing operations with its industry-leading 22 percent minimum rated Gen 2 solar cells, and expects to add production of its recently announced, higher-efficiency Gen 3 solar cells at a later date.

    "The scale and breadth of our Fab 3 campus in Malaysia will be a core element of our technology and manufacturing roadmap that drives us to our 50 percent cost reduction plan by 2012," said Tom Werner, CEO of SunPower Corp. "Malaysia offers us highly educated workers, a receptive business investment climate and the opportunity to significantly expand our production as the demand for our solar systems continues to escalate worldwide."

    "We view SunPower as a technology leader in the dynamic and rapidly growing solar industry," said Datuk R. Karunakaran, director general for the Malaysian Industrial Development Authority. "We are excited with SunPower's decision to invest in our country to manufacture its high-efficiency solar cells and panels, and we look forward to supporting its growth."

    About SunPower

    SunPower Corporation designs, manufactures and delivers high-performance solar electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com/. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. .

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements that do not represent historical facts. The company uses words and phrases such as "expected," "estimated to achieve," "anticipate," "likely to begin," "planned," "expects," "will," and similar expressions to identify forward-looking statements. Forward-looking statements in this press release include, but are not limited to, the company's plans and expectations regarding (a) the nameplate rating capacity of the fully operational Malaysian plant, (b) the number of solar cell production lines and nameplate capacity achieved during each construction phase, (c) the achievement of materially lower capital cost per watt compared to SunPower's Fab 1 and Fab 2, (d) the commencement of site development later this year and solar cell production in 2010, (e) production of Gen 2 and Gen 3 solar cells at the new plant, and (f) Fab 3 becoming a core element of our technology and manufacturing roadmap that drives to our 50 percent cost reduction plan by 2012. These forward-looking statements are based on information available to the company as of the date of this release and management's current expectations, forecasts and assumptions, and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Such risks and uncertainties include a variety of factors, some of which are beyond the company's control. In particular, risks and uncertainties that could cause actual results to differ include (i) the company's ability to obtain a adequate supply of polysilicon, ingots and wafers to manufacture its products and the price it pays for such materials; (ii) business and economic conditions and growth trends in the solar power industry; (iii) the availability of continuation of governmental and related economic incentives promoting the use of solar power and the Fab 3 investment in Malaysia; (iv) construction difficulties or delays in building the fabrication plant; (v) unanticipated delays or difficulties securing necessary permits, licenses or other governmental approvals or incentives; (vi) the ability to successfully co-locate SunPower solar panel manufacturing and attract dedicated ingot growing and wafering manufacturing by partner companies at an integrated fabrication plant, (vii) the risk of continuation of supply of products, equipment and materials from suppliers; (viii) the company's ability to ramp new production lines and realize expected manufacturing efficiencies; (ix) unforeseen manufacturing equipment delays at the company's fabrication plant; (x) the company's ability to utilize thinner wafers, reduce kerf loss and otherwise achieve anticipated improvements in polysilicon usage efficiency; (xi) production difficulties that could arise; (xii) the success of the company's ongoing research and development efforts; (xiii) the company's ability to compete with other companies and competing technologies; (xiv) the potential renegotiation of or non-performance by parties to the company's supply and customer contracts; and (xv) other risks described in the company's Quarterly Report on Form 10-Q for the quarter ended March 30, 2008, and other filings with the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the company's views as of any subsequent date, and the company is under no obligation to, and expressly disclaims any responsibility to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

    SunPower is a registered trademark of SunPower Corp. Cypress is a registered trademark of Cypress Semiconductor Corp. All other trademarks are the property of their respective owners.

    SunPower Corporation

    CONTACT: Helen Kendrick, +1-408-240-5585, hkendrick@sunpowercorp.com, or
    Julie Blunden, +1-408-240-5577, jblunden@sunpowercorp.com, both of SunPower
    Corporation

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




    ShoreTel's Enhanced Unified Communications Solution Facilitates Greater Business Productivity and CollaborationLatest Release Empowers Users to Integrate All Forms of Communication, Including Video, With Business Processes

    SUNNYVALE, Calif., May 19 /PRNewswire-FirstCall/ -- ShoreTel(R), Inc. , a leading provider of Pure IP Unified Communications (UC) solutions, today announced the latest release of its award-winning unified communications system, release 8.0. This release streamlines business communications, offering customers more intuitive access to fully integrated voice, instant messaging, e-mail and video. With this release, ShoreTel is the first leading unified communications vendor to deliver a product that takes advantage of the most recent enhancement to the H.264 standard for video compression: Scalable Video Coding (SVC), enabling ShoreTel to provide high-quality video and network resiliency at an attractive cost to every desktop, including remote workers. ShoreTel also announced two new energy-efficient voice switches that drive down an enterprise's overall communications costs.

    Enhanced Productivity and Collaboration

    ShoreWare(R) Call Manager's third-generation desktop user interface offers tabbed windows that make users more productive by making it easier and faster to access voicemail, call history, directories and the speed dial list. The system also offers more intuitive call control features, anticipating user needs and presenting productivity-enhancing information and tools based on the situation. For example, when a user starts a call transfer, the phone status of the called party is shown in real time, letting the caller decide whether or not to proceed with the transfer.

    ShoreTel's new ShoreWare Professional Call Manager supports easy-to-use, high-quality video (up to 640x480 resolution and up to 30 frames per second), making a video call as natural and simple as a voice call. Thanks to SVC, the highly resilient video is delivered with minimal delay, eliminating distance as an impediment to face-to-face conversations and making it easier for users across the enterprise to communicate and collaborate effectively. Easy-to-use, high-quality video calls support company initiatives to reduce travel expenses, reduce the impact on the environment, and support remote workers.

    The Professional Call Manager also provides presence information and consolidates instant messaging with voice, video and e-mail for a true unified communications experience. With rich presence information, users immediately know who is available to respond quickly to a caller's need. A built-in soft phone capability keeps users productive even when a telephone isn't available.

    "ShoreTel's UC solution is amazingly flexible and adapts to our needs so we don't have to adapt to it," said Owais Ilyas, IT manager at Genmab, who has deployed the latest version of ShoreTel's UC solution in the Denmark-based biotech company's U.S. office. "The new version has made enormous improvements in usability and allowed our staff to access the features they love more quickly. No other offering out there has an interface that is this easy to use."

    Greater Deployment Flexibility: New Voice Switches, Support for SIP Devices

    ShoreTel's new ShoreGear(R) 30 voice switch is targeted at branch locations with up to 10 users and can be reconfigured to support up to 30 IP phones, or to support SIP trunks or devices. The ShoreGear 24A voice switch supports the need for higher density analog phone deployments. It provides 24 analog ports and can be configured to support multi-party conference calls. ShoreGear voice switches are more environmentally friendly than competitive solutions. They use significantly less power, require less cooling, have a longer useful life, and take up less space, resulting in substantially lower carbon emissions.

    ShoreTel's UC system also now includes built-in support for SIP endpoints, devices, and applications that comply with RFC 3261. Complementing the system's support for SIP trunking, SIP device interfaces give customers more flexibility to deploy the devices required for their specific business needs. Support for SIP devices does not require an expensive additional server, thus lowering total cost of ownership.

    "The most exciting part of the latest ShoreTel upgrade for me is the videoconferencing and instant messaging capabilities. I'm looking forward to using those for greater collaboration," said Randy Adams, systems analyst at Smithco Engineering, a company with a trucking division that puts laptops with SIP converters into each truck. "But the system also has really strong business implications for us as well. Its support for SIP extensions are transforming our communications management. Each truck now becomes just another extension on our ShoreTel UC system, and we can easily see which SIP devices are in use."

    Strong Industry Support

    ShoreTel's dedicated pursuit of customer and partner satisfaction sets the company apart from other players in the industry. With a history of product excellence and outstanding services, ShoreTel consistently delights its customers and partners, and the latest version of the system has already been well received.

    "Momentum for unified communications continues to build as companies of all sizes recognize that the ShoreTel UC system increases productivity and overall communications reliability while driving down the total cost of ownership," said Kevin Gavin, vice president of product marketing at ShoreTel. "With our latest release, we continue to break new ground, turning video into an everyday communications vehicle that dramatically enhances the ability of employees at different locations to collaborate and reduces the need for travel."

    Pricing and Availability

    Currently available in the U.S. only. ShoreWare Personal Call Manager is included in the base ShoreTel 8.0 user license. Additional per-user licenses include ShoreWare Professional Call Manager, $80; ShoreWare Operator Call Manager, $595; ShoreWare Agent Call Manager, $295; ShoreWare Supervisor Call Manager, $595; SIP Device License, $30. The ShoreGear 30 is priced at $1,595. The ShoreGear 24A is priced at $2,995.

    Note: Not all products will be available in all countries. Please call ShoreTel or a local reseller for specific availability.

    About ShoreTel, Inc.

    ShoreTel, Inc., is a leading provider of Pure IP Unified Communications solutions. ShoreTel enables companies of any size to seamlessly integrate all communications -- voice, video, messaging and data -- with their business processes. Independent of device or location, ShoreTel's distributed software architecture eliminates the traditional costs, complexity and reliability issues typically associated with other solutions. ShoreTel continues to deliver the highest levels of customer satisfaction, ease of use and manageability while driving down the overall total cost of ownership. ShoreTel is headquartered in Sunnyvale, California, and has regional offices in the United Kingdom, Sydney, Australia and Munich, Germany. For more information, visit http://www.shoretel.com/ or call 1-877-80SHORE.

    Kim Rose ShoreTel, Inc. 408-331-3357 krose@shoretel.com

    ShoreTel, Inc.

    CONTACT: Kim Rose of ShoreTel, Inc., +1-408-331-3357,
    krose@shoretel.com

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




    Joytoto USA, Inc. Receives and Completes its First U.S. Purchase Order

    SANTA CLARA, Calif., May 16 /PRNewswire-FirstCall/ -- Joytoto Technologies, Inc., a wholly owned subsidiary of Joytoto USA, Inc. (BULLETIN BOARD: JYTO.OB) announced today that it has successfully received, completed, and shipped its first purchase order from one of the largest big-box retailers in the United States. The consumer electronics retailer, also known as an electronics superstore, operates more than 800 stores in the US, Canada, and China. The initial purchase order was for more than 15,000 MP3 players, and represented more than $730,000 in revenue for Joytoto in the month of April.

    Because of the timely and successful completion of its initial purchase order, Joytoto expects to continue to receive orders from this current client, as well as other big-box retailers. The company believes that its virtual, OEM business model gives it a competitive advantage regarding price, timeliness, and scalability of production. The completion of this order is significant as it represents the company's commitment to developing its business in the United States, an effort which began during the latter part of 2007. It also demonstrates the company's capability of completing its purchase orders and delivering its products on a timely basis.

    Joytoto received the purchase order after completing an extensive vendor approval process with a subsidiary of one of the largest business outsource processing and supply chain solutions companies, which handles purchase orders for some of the largest corporations in the world, as well as numerous big-box retailers, outlets, electronics superstores, and other corporations, as part of its global turnkey solutions business.

    Joytoto has developed various models of its MP3 players with different features, capabilities, and price-points. Some of the more sophisticated features include 8GB of internal flash storage, built-in Bluetooth wireless, high-speed USB 2.0 interface, and compatibility with both PC and Mac computers. The devices are capable of handling MP3, OGG, JPEG, WMV, and MPEG-4 files (both audio and video). To view the suite of MP3 players developed by Joytoto Technologies, Inc., consumers can go to http://www.joytotousa.com/digital_multimedia/mp3.jump

    About:

    Joytoto USA, Inc. (BULLETIN BOARD: JYTO.OB) The company's two business segments are electronic products and components, and online games. The electronic products and components business is that of a virtual, original equipment manufacturer (OEM) and original design manufacturer (ODM) of consumer electronics for retailers throughout the world. Joytoto USA's online game business segment operates online games in North America pursuant to an Exclusive North American Master License Agreement with Joyon Entertainment Co., Ltd. ("Joyon Korea"). The Master License Agreement gives Joytoto USA's wholly-owned subsidiary access to Joyon Korea's library of successful online games currently operating in the Asian markets which have generated more than $100,000,000 in the Asian markets.

    Joytoto Technologies, Inc.

    CONTACT: Investor Relations of Joytoto USA, Inc., 1-866-492-4138

    Web site: http://www.joytotousa.com/digital_multimedia/mp3.jump




    Bonnier Relies on Oracle(R) to Power Popular Online PropertiesLeading Publisher Upgrades to Oracle Database Enterprise Edition with Oracle Unbreakable Linux Program to Support a Greater Number of Concurrent Visitors to Web Sites

    REDWOOD SHORES, Calif., May 19 /PRNewswire-FirstCall/ --

    -- To accommodate existing business requirements, Bonnier Corporation has deployed Oracle(R) infrastructure software as its online property foundation for popular magazine titles such as Field & Stream, Parenting, Outdoor Life, Sport Diver, among many others. -- Bonnier Corp. is one of the largest consumer-publishing groups in America, and with more than 40 special-interest magazines and related multimedia projects and events, it is the leading media company serving passionate, highly engaged audiences. With over 1,000 employees and more than $350 million in annual revenue, Bonnier Corp. ranks in the top 15 nationally among publishing companies. -- The publisher runs Oracle Database on Oracle Enterprise Linux supported with Oracle Unbreakable Linux program, Oracle Enterprise Manager, and Oracle Fusion Middleware. -- Following the acquisition of titles such as Field & Stream, Parenting, Outdoor Life, Popular Science, and others, from Time Inc. in 2007, Bonnier Corp. initiated a move to a larger data center to better support all of its online properties including those of its newly acquired print publications. -- As part of its data center expansion, Bonnier Corp. upgraded from Oracle Database Standard Edition to Enterprise Edition to provide high availability to a larger number of highly trafficked Web properties as well as to power homegrown content management and CRM applications. The publisher's IT staff also heavily utilized Oracle Streams, a data replication and integration feature of Oracle Database, to help reduce the time and costs related to the migration of its Web properties from its old data center to its new data center. -- Bonnier Corp.'s IT staff moved its Oracle Databases from Red Hat Linux onto Oracle Enterprise Linux to lower support costs with Oracle Unbreakable Linux support program, consolidate support under Oracle, and optimize the performance of its Oracle Databases. -- Bonnier's database administrator (DBA) staff has eased the monitoring and administration of its Oracle Databases with the use of Oracle Enterprise Manager -- saving the staff from many hours of menial DBA tasks. For example, Bonnier's DBAs have used Oracle Enterprise Manager's Provisioning pack to automate deployment of database instances on new hardware. DBAs have streamlined these tasks from hours to several minutes. Supporting Quotes

    "We've been using Oracle Unbreakable Linux support program for production systems for several months now -- even longer in development," said Scott Baker, Database Administration Manager, Bonnier Corp. "It's a benefit having Oracle as a single point of support for Linux and Oracle Database rather than bouncing back and forth between Oracle and another vendor."

    "We're heavily using Oracle Enterprise Manager within our environment," added Baker. "I have peace of mind knowing that Oracle Enterprise Manager's monitoring capabilities are going to pick up any issues that might occur and immediately alert my team."

    Supporting Resources Related Resources About Oracle Database: http://www.oracle.com/database About Oracle Streams: http://www.oracle.com/technology/products/dataint/index.html About Oracle Unbreakable Linux: http://www.oracle.com/linux About Oracle Enterprise Manager: http://www.oracle.com/enterprise_manager/index.html About Oracle Fusion Middleware: http://www.oracle.com/middleware To download free, evaluation versions of Oracle software, go to: http://www.oracle.com/technology/software/index.html Terms, conditions and restrictions apply. About Bonnier

    Bonnier Corporation (http://www.bonniercorp.com/) is one of the largest consumer-publishing groups in America and the leading media company serving passionate, highly engaged audiences through more than 40 special-interest magazines and related multimedia projects and events.

    About Oracle

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

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

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

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

    CONTACT: Eloy Ontiveros of Oracle, +1-650-607-6458,
    eloy.ontiveros@oracle.com; or Kristin Reeves of Blanc & Otus,
    +1-415-856-5145, kreeves@bando.com, for Oracle

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




    LOVEFiLM Loves Interwoven OptimostOptimization Proves Small Strategic Changes in Web Design Can Significantly Drive Up Subscriptions for Online Movie and Game Rentals

    SAN JOSE, Calif., May 19 /PRNewswire-FirstCall/ -- Interwoven, a global leader in content management solutions, today announced that LOVEFiLM, Europe's leading online DVD rental and games subscription service with over 600,000 members, is driving dramatic improvements in Website conversion using Interwoven Optimost. Within the first four weeks of implementing the Interwoven Optimost Website Optimization solution, the company generated a 10 percent increase in subscription conversions on their Website, http://www.lovefilm.com/. Interwoven was called in to help when LOVEFiLM wanted shorter test lifecycles and faster results.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO)

    "We were using a solution for our Web experience testing that proved prohibitively time consuming and didn't allow for complex testing of thousands of variations with our designs," said Craig Sullivan, digital and usability product manager at LOVEFiLM. "We were looking for the ability to run multiple iterations of testing very quickly by discarding elements that weren't contributing to our goals. And we wanted reliable data in which we could have full confidence."

    Sullivan adds: "Interwoven Optimost surpassed our expectations by providing an immediate improvement in conversion rate for the first round of testing. This provided us with insights into what designs and creatives drive our conversion for all our visitor segments. This was achieved within the first four weeks of testing, so we can see that given more time, the value of working with Interwoven Optimost is only going to increase. The speed of this process means we can now test even small design amends, making our online marketing spend work smarter, not harder."

    Mark Wachen, Managing Director for Interwoven Optimost, added, "LOVEFiLM is on the leading edge of online marketing, with an in-depth understanding of online customer acquisition and growth strategies. The Optimost solution was a perfect fit to drive quick results and continue to create a strategic competitive advantage in their market."

    About LOVEFiLM International Ltd

    LOVEFiLM International Ltd is Europe's leading online DVD rental subscription service with over 600,000 members and operates in the UK, Sweden, Norway, Denmark and Germany. LOVEFiLM launched the first UK mass market movie download service to its UK subscriber base in December 2005. Customers can download-to-rent or download-to-own from a choice of over 2,500 titles. Short films and full-length feature films are available from major Hollywood studios including Universal, Warner Bros., Sony, Momentum, Icon, Celluloid Dreams and Contender. LOVEFiLM UK carries over 65,000 unique titles including games, as well as a fast-growing film download service. LOVEFiLM customers have generated over 56 million film ratings and over 600,000 member reviews.

    About the Interwoven Optimost Multivariable Optimization Solution

    The Interwoven Optimost Multivariable Optimization solution, delivered via a software-as-a-service model, helps companies with one of their biggest challenges: creating a compelling, engaging, and relevant online experience that yields measurable business results. The solution optimizes virtually every online marketing element including landing pages, registration pages, shopping carts, credit card pages, banner ads, email creatives, and Web applications as well as every content type within them, including headlines, copy, forms, images, and rich media. By exposing different combinations of content to different visitors and then measuring visitors' actions, the Interwoven Multivariable Optimization solution can identify the most compelling combination of content and layout. Businesses can then offer the most effective presentation to visitors.

    To learn more about the Interwoven Optimost Multivariable Optimization solution, please visit http://www.interwoven.com/optimost or listen to our podcast at http://www.interwoven.com/mvopod.

    About Interwoven

    Interwoven is a global leader in content management solutions. Interwoven's software and services enable organizations to maximize online business performance and organize, find, and govern business content. Interwoven solutions unlock the value of content by delivering the right content to the right person in the right context at the right time. More than 4,200 of the world's leading companies, professional services firms, and governments have chosen Interwoven, including adidas, Airbus, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Qantas Airways, Tesco, Virgin Mobile, and White & Case. A community of over 20,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit http://www.interwoven.com/.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Interwoven

    CONTACT: media, UK, Bite Communications, +44 (0)20 8834 3355,
    interwoven@bitepr.com, for Interwoven, Inc.; or US, Danielle Hamel of
    Interwoven, Inc., +1-408-953-7251, dhamel@interwoven.com

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




    Belden's CEO Enters 10b5-1 Program

    ST. LOUIS, May 19 /PRNewswire-FirstCall/ -- Belden announced today that John Stroup, the company's Chief Executive Officer, has established a pre-arranged stock trading plan to sell shares of Belden stock. This plan was established as part of his individual long-term strategy for asset diversification and liquidity. The plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and Belden's policies regarding stock transactions.

    The transactions under the plan will be disclosed publicly through Form 144 and Form 4 filings with the Securities Exchange Commission.

    About Belden

    Belden is a leader in the design, manufacture, and marketing of signal transmission solutions for data networking and a wide range of specialty electronics markets including entertainment, industrial, security and aerospace applications. To obtain additional information contact Investor Relations at 314-854-8054, or visit our website at http://www.belden.com/.

    From: Belden Dee Johnson Director, Investor Relations and Corporate Communications 314.854.8054

    Belden

    CONTACT: Dee Johnson, Director, Investor Relations and Corporate
    Communications of Belden, +1-314-854-8054

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




    Expedia Adds More Fuel to Their Summer Sale With Free GasHotel Stay of Three or More Nights Earns Travelers a $50 Gas Card

    BELLEVUE, Wash., May 19 /PRNewswire-FirstCall/ -- Gas prices got you down? Expedia(R) says "fill 'er up!" The world's leading online travel company today announced another incentive to hit the road this summer. Every Monday through Friday, each week through the end of June, Expedia is rewarding travelers with a free $50 Gas Money Prepaid Mastercard(R) when they book a hotel stay of three or more nights. Part of Expedia's "Summer of Adventure" Sale, the offer is good for stays at hundreds of participating hotels across the U.S., and the cards are redeemable through August 31, 2008 at virtually any gas station.

    "Summer vacation is an American institution and we want to ensure that the price of gas doesn't come between travelers and this precious time to get away," said Paul Brown, president, Expedia.com. "Between this pre-paid gas card and the thousands of deals running in our summer sale, we're offering values that will allow all travelers to plan the summer adventure getaway that is right for them."

    Expedia's Summer of Adventure Sale is the largest in the site's history, with up to 30 percent off hotels, cruises, car rentals and activities in more than 220 destinations in the U.S. and abroad -- and more deals added daily (http://www.expedia.com/summersale). Examples of hotels participating in the summer sale and free gas card incentive include:

    -- Kona Kai Resort in San Diego: Three-star resort with standalone stays from $167 per night -- Hotel ZaZa in Houston: Four-star hotel with standalone stays from $134 per night -- Hotel Blake in Chicago: Three-and-a-half-star hotel with standalone stays from $149 -- Sonesta Bayfront Hotel Coconut Grove in Miami: Four-star hotel with standalone hotel stays from $199 per night -- Roosevelt Hotel in New York: Three-and-a-half-star hotel with standalone stays from $299 a night About Expedia

    Expedia (R) is the world's leading online travel provider, helping millions of travelers per month easily plan and book travel. Expedia (http://www.expedia.com/) aims to provide personalized service, the latest technology and the widest selection of vacation packages, flights, hotels, rental cars, cruises and in-destination activities, attractions, and services. With the Expedia(R) Best Price Guarantee, Expedia promises to offer to its customers the best rates available online for all types of travel, making it the most comprehensive customer guarantee in online travel. Expedia is dedicated to positively impacting global tourism by providing travelers environmentally conscious travel options. Expedia is a founding member of the World Heritage Alliance -- a joint initiative with the United Nations Foundation to promote sustainable tourism. Expedia is an operating company of Expedia, Inc. .

    Expedia and Expedia.com are either registered trademarks or trademarks of Expedia, Inc. in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners.

    Expedia, Inc.

    CONTACT: Ian Jeffries of Edelman, +1-206-268-2291,
    ian.jeffries@edelman.com, for Expedia, Inc.; or Erin Krause of Expedia, Inc.,
    +1-425-679-4317, press@expedia.com

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




    Atmel's High-temperature Driver ICs in BCD-on-SOI Technology Open the Door to 150 Degrees Celsius Applications

    SHANGHAI, China, May 19 /PRNewswire/ --

    China International Automotive Electronics Show, Shanghai -- Atmel(R) Corporation (Nasdaq: ATML) announced today the availability of the new high-temperature hex half-bridge driver ICs ATA6837 and ATA6839. The ATA6837 and ATA6839 are manufactured using Atmel's high-voltage 0.8 um BCD-on-SOI technology (SMART-I.S.(R)), which enables the use of much smaller lower-cost QFN packages. These new devices can be used in both passenger car applications (e.g., flap control of air condition systems) as well as in 24V truck applications due to their high voltage capability (up to 40V). These devices also boast a broad range of protection features.

    The ATA6837 is a fully protected hex half-bridge driver IC with integrated power stages. Each of the six high-side and low-side drivers is capable of driving currents up to 650 mA via a microcontroller such as Atmel's automotive-qualified AVR(R) microcontroller ATmega88. External clamping diodes are not needed due to the half-bridge configuration, thus assembly efforts are substantially reduced. The ATA6839, a high-power variant, differs only in the output stages (1.0A).

    The new ICs have an operating chip temperature of 200 degrees Celsius and are able to dissipate approximately twice the power of conventional driver ICs, which can normally only work up to 150 degrees Celsius chip temperatures. As a result, low-cost assembly with "poor" thermal resistance can be used for convenience electronics, and in particular for high-temperature applications such as engine-mounted electronics to control small motors or valves. Furthermore, the ICs exhibit all the advantages of Atmel's SMART-I.S.technology, including superior latch-up immunity and reduced junction leakage.

    While one of the main applications of the new driver ICs is the actuation of three fully independent DC motors in three H-bridges, the ATA6837/39 can also support the operation of up to five DC motors sharing four common lines, as long as the motors are not all actuated at the same time. Such a configuration can be used, for example, in automotive air conditioning systems, where five air-flow control flaps can be operated from one IC. Software can be used to avoid the simultaneous actuation of the DC motors. In addition, the half-bridge configuration also enables the operation of six different resistive or inductive loads.

    The ATA6837/39 provide several protection features such as overtemperature warning of 170 degrees Celsius and shutdown of 200 degrees Celsius, overload and overvoltage protection, and full protection against short-circuits. The SPI output register contains a number of diagnostic bits, which can be read by the microcontroller. In the event of undervoltage at the supply pin, the power-supply fail bit in the output register is set and all outputs are disabled. If the overtemperature pre-warning bit is set, software routines to decrease the power dissipation and temperature can be implemented. Temperature increases beyond a certain level can force the IC to shut down to prevent destruction.

    The ATA6837/39 feature 4 kV ESD protection, which provides maximum safety against damage during assembly. The device also meets the strict automotive qualification demands (protection against conducted interference, EMC, and ESD protection) and can withstand transients as specified in ISO/TR 7637.

    Availability and Pricing

    Samples of the new driver ICs ATA6837/39 are now available in Pb-free QFN24 packages, measuring only 5 mm x 5 mm. Pricing starts at US $2.30 for the ATA6837 and at US $2.40 for the ATA6839 for 10k-piece quantities each. An application board for development support can be ordered for US $130.

    Footnote BCDMOS = Mixed-signal technology with Bipolar, CMOS and DMOS components DC = Direct Current EMC = Electro Magnetic Compatibility ESD = Electro Static Discharge QFN = Quad Flat No leads SOI = Silicon on Insulator

    About Atmel

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

    (C) 2008 Atmel Corporation. All rights reserved. Atmel(R), logo and combinations thereof, AVR(R), SMART-I.S.(R), and others are registered trademarks or trademarks of Atmel Corporation or its subsidiaries. Other terms and product names may be trademarks of others.

    Information

    Product information on Atmel's high-temperature driver ICs ATA6837/39 may be retrieved at:

    http://www.atmel.com/dyn/products/product_card.asp?part_id=4326 (ATA6837) http://www.atmel.com/dyn/products/product_card.asp?part_id=4327 (ATA6839) Press Contacts Dr. Susanne van Clewe, Marcom Manager Communications and Automotive Products Phone: +49-7131-67-2081, Email: susanne.van-clewe@atmel.com Helen Perlegos, Public Relations Phone: +1-408-487-2963, Email: hperlegos@atmel.com

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

    Atmel Corporation

    Dr. Susanne van Clewe, Marcom Manager Communications and Automotive Products, +49-7131-67-2081, susanne.van-clewe@atmel.com; or Helen Perlegos, Public Relations, +1-408-487-2963, hperlegos@atmel.com, both of Atmel Corporation




    On2(R) Improves VP6 Video Quality for Flash By Up to 40%New quality improvements fully compatible with existing Flash Player

    TARRYTOWN, N.Y., May 19 /PRNewswire-FirstCall/ -- On2 Technologies, Inc. , a leader in video compression solutions, announced today the introduction of significant improvements to the On2 VP6 video technology used in Adobe(R) Flash(R) 8 and 9 and Flash Lite 3. Achieving a substantial increase to the quality of encoded video, in some cases as much as 40%, content encoded with the new On2 VP6 technology is fully compatible with the existing decoder used in Flash player. The improvements will be introduced as a free upgrade to the On2 Flix suite of encoding and publishing tools for Flash video.

    On2's VP6 compression scheme is one of the internets most prolific video codecs. Used by many of the leading UGC sites, CDNs and content owners including: Facebook, Daum, Eurosport, Akamai and Brightcove; it is used to encode all genres of video targeted for web delivery in Flash format. Coupling high quality with low datarates and supporting cue points and alpha channel in Flash, VP6 is proprietary to On2 Technologies, and as such does not incur content royalties like those levied by MPEG-LA. The On2 Flix product line are available as application software, plug-ins and software development kits for servers, desktops, and browsers.

    "We have introduced some significant enhancements to VP6 through the encoder," says Jim Bankoski, CTO of On2 Technologies. "We evolved our motion search strategy bringing notable improvements in fast movement sequences, sport for example. VP6 continues to be one of the most versatile codecs in the world delivering high quality over low datarates coupled with low complexity playback."

    Nikolas Klein Internet IT Manager at Eurosport, Europe's leading sports multimedia platform, commented: "These developments hit the sweet spot for Eurosport, our customers will save on bandwidth and enjoy even shorter buffering delays without any reduction of quality in our streamed sports video content."

    "In terms of internet bandwidth, video is undoubtedly one of the heaviest applications. By introducing these improvements to one of the primary codecs used to create Flash video, consumers will enjoy the benefits on a very wide scale," says Bill Joll, President and CEO On2 Technologies.

    The improvements follow the recent introduction of for the new VP6-S profile in Flash Player 9. Targeted for HD, encoded video in this profile requires up to 30% less CPU power to playback. For content owners planning to deliver HD to desktops, this means a much larger addressable market as even a 1.7GHz Pentium 4 can playback 720p HD video stutter-free. With this announcement, all profiles of On2 VP6 will experience quality improvements.

    A second On2 VP6 improvement release is planned for later this year and will focus on dramatic speed improvements in the VP6 encoder.

    For more information on On2 VP6 please visit http://www.on2.com/ . About On2 Technologies

    On2 creates advanced video compression technologies for desktop and wireless. Powering the video in many of today's leading web and mobile applications and devices, On2's customers include: Nokia, Infineon, Mediatek, Sony, Facebook, Brightcove, Move Networks, Adobe and Skype. On2 Technologies is headquartered in Tarrytown, NY USA. For more information please visit http://www.on2.com/ .

    Trademarks mentioned in this release are the property of their respective owners.

    On2 Technologies, Inc.

    CONTACT: Tony Hope of On2 Technologies, Inc., +358-440235-107,
    media@on2.com

    Web site: http://www.on2.com/




    AT&T Answers the Need for Speed in ReadingCompany Delivers Supercharged Wireless Access to Mobile Applications and Interactive Content to More Places in eastern Pennsylvania

    READING, Pa., May 19 /PRNewswire-FirstCall/ -- AT&T Inc. today announced the expansion of the third generation (3G) mobile broadband wireless network in Reading. With the network's faster data speeds, customers now have more options in how, when and where they can access the Internet, use e-mail or view a variety of entertainment services.

    With the addition of 3G technology to more than 20 cell sites, AT&T's 3G network is now available throughout Reading and along Routes 422 and 222.

    "We're staying on top of the demand for fast, dependable wireless broadband access to feature-rich Internet content such as streaming video," said Dan Lafond, vice president and general manager for AT&T's wireless unit in eastern Pennsylvania. "Our goal is to ensure that AT&T customers have the very best wireless experience possible -- which means unmatched coverage, capabilities and quality of service."

    Since 2005, AT&T has invested more than $550 million in Pennsylvania. This year AT&T plans to spend more than $60 million across the state to enhance coverage, capacity and grow the 3G network.

    Benefits of the AT&T 3G Network

    AT&T's 3G network provides the simultaneous delivery of voice and data -- a capability not offered by all wireless providers. With a compatible 3G device, consumers can view razor-sharp clips through CV, an on-demand streaming video service, and can quickly download games, pictures and the latest music, entertainment, news and weather through MEdia Net, the company's mobile Internet portal. Customers can also enjoy full-length television content and sporting events with AT&T's Mobile TV with FLO(TM) service -- now available in 58 markets including Philadelphia.

    Mobile business users can increase productivity and access the Internet with faster data speeds from the combination of AT&T's 3G network and LaptopConnect -- which simply requires a LaptopConnect card or a laptop with embedded 3G service, software and an AT&T data plan.

    AT&T uses HSDPA/UMTS (High Speed Downlink Packet Access/Universal Mobile Telephone System) technology based on the GSM (Global Systems for Mobile Communications) standard; the most widely used wireless technology in the world. AT&T has deployed 3G network in more than 275 markets, with plans to deliver 3G service to nearly 350 markets by the end of the year.

    Customers who use a GSM phone, such as those offered by AT&T, can take their device with them when they travel abroad and benefit from worldwide access enabled by the GSM standard. AT&T subscribers have the ability to browse the Web and perform other data functions in more than 145 countries, and they can make a phone call in 200 countries and territories or on 75 cruise ships worldwide.

    Note: This AT&T release and other news announcements are available as part of an RSS feed at http://www.att.com/rss.

    About AT&T

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

    Cautionary Language Concerning Forward-Looking Statements

    Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.

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

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

    AT&T Inc.

    CONTACT: Ellen Webner of AT&T Inc., +1-973-637-9357, mobile,
    +1-201-532-7292, ellen.webner@att.com

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




    Silicon Image Appoints New Vice President of EngineeringRashid Osmani To Lead Company's Global Engineering Department And R&D Activities

    SUNNYVALE, Calif., May 19 /PRNewswire-FirstCall/ -- Silicon Image, Inc. , a leader in semiconductors for the secure storage, distribution and presentation of high-definition content, today announced that Rashid Osmani, 55, has joined the company as vice president of worldwide engineering. Osmani brings more than 25 years of management and product development experience at leading technology companies. Reporting to Paul Dal Santo, chief operating officer, Osmani will be responsible for the design, development, and commercialization of intellectual property and integrated circuit solutions consistent with Silicon Image's stated strategy of delivering pure digital content everywhere.

    "Rashid has a successful track record of managing diverse, cross-functional teams and driving technology development and product solutions, with more than two decades of engineering knowledge and experience," said Dal Santo. "His hands-on leadership and passion for delivering results will help usher in the next generation of digital technology for consumers worldwide and foster the future growth of the company."

    Osmani joins Silicon Image from RF Micro Devices, where he served as vice president and general manager from 2005 to 2008. Prior to that, Osmani held the position of senior director of engineering at Motorola, leading the architecture and systems engineering team for the cellular handset division.

    Osmani has been awarded 13 U.S. patents. He holds a master's degree in electrical engineering from the Illinois Institute of Technology and a master's of technology degree from Jawaharlal Nehru Technological University in Hyderabad, India.

    Osmani succeeds Dr. John (H.J.) Shin, who served as Silicon Image's vice president of engineering from October 2003 to March 2008 and now serves as vice president of strategic technology initiatives for the company. Silicon Image will continue to leverage Dr. Shin's deep technical, customer and market experience to maximize new technology initiative development efforts.

    "The recent launch of the Serial Port Memory Technology(TM) (SPMT(TM)) and Mobile High Definition Link(TM) (MHL(TM)) initiatives represent significant new technology advances, and I am looking forward to growing our technology portfolio under Dr. Shin's leadership," said Dal Santo.

    About Silicon Image

    Silicon Image, Inc. is a global leader in driving the architecture and semiconductor implementation for the secure storage, distribution and presentation of high-definition content in the consumer electronics, personal computing, and mobile device markets. With a rich history of technology innovation that includes creating industry standards such as SATA, DVI and HDMI, Silicon Image partners with the world's leading entertainment creators and electronics manufacturers to deliver digital HD content to consumers anytime, anywhere, on any device. Silicon Image is also a leading provider of semiconductor intellectual property solutions for high-definition multimedia and data storage applications. Additionally, Simplay Labs, LLC, a wholly-owned subsidiary of Silicon Image, offers robust testing tools, technologies, support services, consulting and product certification to electronics manufacturers to maximize performance, interoperability and ensure the highest-quality HD experience to consumers. With engineering, sales and customer support facilities located throughout North America, Asia and Europe, Silicon Image is globally headquartered in Sunnyvale, California. For more information, please visit http://www.siliconimage.com/.

    Note: Silicon Image, the Silicon Image logo and Simplay HD are trademarks, registered trademarks or service marks of Silicon Image, Inc. in the United States and/or other countries. HDMI is a trademark or registered trademark of HDMI Licensing, LLC in the United States and/or other countries. All other trademarks and registered trademarks are the property of their respective owners in the Unites States and/or other countries.

    Forward-looking Statements:

    This news release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements involve risks and uncertainties, including those described from time to time in Silicon Image's filings with the Securities and Exchange Commission (SEC) that could cause the actual results to differ materially from those anticipated by these forward-looking statements. The forward-looking statements included in this press release are made only as of the date of this press release; and Silicon Image assumes no obligation to update any forward- looking statement. Additional information concerning factors that could cause results to differ can be found in the Silicon Image's filings with the Securities and Exchange Commission, including its most recent Reports on Form 10-K and Form 10-Q.

    Silicon Image, Inc.

    CONTACT: Gabriele Collier of Silicon Image, Inc., +1-408-616-4088,
    gabriele.collier@siliconimage.com; or Joseph Kilmer of The Hoffman Agency,
    +1-408-975-3032, jkilmer@hoffman.com, for Silicon Image, Inc.

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




    NCTA and TiVo Announce Progress on Switched Digital Adapter for TiVo DVRsSDV solutions from TiVo, Motorola and Cisco currently undergoing CableLabs(R) testingCisco and Motorola tuning adapters on display at the 2008 Cable ShowTiVo HD DVRs with tuning adapter support on display at the CableNET and Motorola booths at the 2008 Cable Show

    NEW ORLEANS, May 19 /PRNewswire-FirstCall/ -- The National Cable & Telecommunications Association (NCTA) and TiVo Inc. , today announced that after a series of successful informal interoperability tests TiVo and several manufacturers of switched digital external tuning adapters have submitted products for formal testing at CableLabs. The tuning adapter will enable TiVo Series3(TM), TiVo HD DVRs, and certain other one-way digital cable ready consumer electronic devices that utilize CableCARDs(TM) to access digital cable channels delivered using switched digital technology.

    "The ability to turn concept into reality this quickly is a testament to how closely cable operators, CableLabs, TiVo and other cable vendors have worked over the last several months to develop this first-of-its-kind marketplace solution," said Kyle McSlarrow, NCTA President & CEO. "We are extremely grateful to TiVo for the critical role it has played throughout and are confident that customers will benefit from this solution enabling full access to switched digital channels."

    Motorola and Cisco have both developed external tuning adapters and are seeking qualification by CableLabs(R) before being delivered to cable operators for deployment. The tuning adapters are expected to be offered in the coming months by cable operators including Comcast, Time Warner, Cox, and Cablevision in areas where switched digital technology is being deployed. The cable operators and TiVo plan to work cooperatively to alert TiVo subscribers about the availability or need of the new external adapter and to ensure that installation of the adapter and CableCARDs will be easy and seamless for the consumer.

    TiVo has modified its software for its TiVo Series3 and TiVo HD DVRs to communicate with the external Tuning Adapter. TiVo announced that the modified software has been submitted to CableLabs for verification testing. Upon verification, the software upgrade will be made available to TiVo subscribers via a regularly scheduled update.

    Switched digital technology enables cable operators to transmit individual channels to customers on an as-needed basis rather than broadcasting all channels to all subscribers all the time. Switched digital technology provides more flexibility for cable operators to utilize network capacity to deliver interactive digital services, high-definition (HD) channels, broadband Internet and digital phone service. The Tuning Adapter is intended to work on any Unidirectional Digital Cable Ready Product (UDCP) that has a USB connector and necessary firmware.

    "We are pleased with the focus and cooperation that CableLabs and the cable industry has exhibited from the outset and are eager to see this solution through to fruition so that customers can enjoy access to all switched digital cable channels," said TiVo CEO & President Tom Rogers. "This undertaking is a significant step forward in our ongoing relationship with the cable industry to develop technology and provide solutions that improve the television experience of cable subscribers."

    "Cisco continues to develop innovative video technology that allows cable operators to provide a broad range of video entertainment options, including high definition and niche content," said Michael Harney, senior vice president, Cisco, Service Provider Video Technology Group. "As part of our portfolio of advanced technology, Cisco will have on display the STA1520 Switched Tuning Adapter, which was developed in conjunction with CableLabs, our cable operator customers and TiVo."

    "Motorola is committed to accelerating the delivery of personalized media experiences," commented John Burke, senior vice president and general manager for Motorola's Digital Video Solutions group. "Working collaboratively, we have developed a solution that extends the reach of innovative interactive services to TiVo users and we are pleased to be able to showcase this solution at the Cable Show."

    TiVo HD DVRs attached to Motorola external adapters are currently on display in both the CableNET and Motorola booths at the 2008 Cable Show in New Orleans. The 2008 Cable Show, which runs May 18 - 20, is the largest cable and telecommunications exhibition in the United States.

    About TiVo Inc.

    Founded in 1997, TiVo pioneered a brand new category of products with the development of the first commercially available digital video recorder (DVR). Sold through leading consumer electronic retailers and our website, TiVo has developed a brand which resonates boldly with consumers as providing a superior television experience. Through agreements with leading satellite and cable providers, TiVo also integrates its DVR service features into the set-top boxes of mass distributors. TiVo's DVR functionality and ease of use, with such features as Season Pass(TM) recordings and WishList(R) searches and TiVo KidZone, have elevated its popularity among consumers and have created a whole new way for viewers to watch television. With a continued investment in its patented technologies, TiVo is revolutionizing the way consumers watch and access home entertainment. Rapidly becoming the focal point of the digital living room, TiVo's DVR is at the center of experiencing new forms of content on the TV, such as broadband delivered video, music and photos. With innovative features, such as TiVoToGo(TM) transfers and online scheduling, TiVo is expanding the notion of consumers experiencing "TiVo, TV your way.(R)" The TiVo (R) service is also at the forefront of providing innovative marketing solutions for the television industry, including a unique platform for advertisers and audience research measurement.

    TiVo, 'TiVo, TV your way.', Season Pass, WishList, TiVoToGo, Stop||Watch, and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. (C) 2008 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.

    About NCTA:

    NCTA is the principal trade association for the U.S. cable industry, representing cable operators serving more than 90 percent of the nation's cable television households and more than 200 cable program networks. The cable industry is the nation's largest broadband provider of high-speed Internet access after investing more than $130 billion to build a two-way interactive network with fiber optic technology. Cable companies also provide state-of-the-art digital telephone service to millions of American consumers.

    TiVo Inc.

    CONTACT: Michael Boccio, +1-212-446-1867, mboccio@sloanepr.com, for TiVo
    Inc.; or Brian Dietz of NCTA, +1-202-222-2350, bdietz@ncta.com

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




    Atmel's High-temperature Driver ICs in BCD-on-SOI Technology Open the Door to 150 Degrees Celsius Applications

    SHANGHAI, China, May 19 /PRNewswire/ -- China International Automotive Electronics Show, Shanghai -- Atmel(R) Corporation announced today the availability of the new high-temperature hex half-bridge driver ICs ATA6837 and ATA6839. The ATA6837 and ATA6839 are manufactured using Atmel's high-voltage 0.8 um BCD-on-SOI technology (SMART-I.S.(R)), which enables the use of much smaller lower-cost QFN packages. These new devices can be used in both passenger car applications (e.g., flap control of air condition systems) as well as in 24V truck applications due to their high voltage capability (up to 40V). These devices also boast a broad range of protection features.

    The ATA6837 is a fully protected hex half-bridge driver IC with integrated power stages. Each of the six high-side and low-side drivers is capable of driving currents up to 650 mA via a microcontroller such as Atmel's automotive-qualified AVR(R) microcontroller ATmega88. External clamping diodes are not needed due to the half-bridge configuration, thus assembly efforts are substantially reduced. The ATA6839, a high-power variant, differs only in the output stages (1.0A).

    The new ICs have an operating chip temperature of 200 degrees Celsius and are able to dissipate approximately twice the power of conventional driver ICs, which can normally only work up to 150 degrees Celsius chip temperatures. As a result, low-cost assembly with "poor" thermal resistance can be used for convenience electronics, and in particular for high-temperature applications such as engine-mounted electronics to control small motors or valves. Furthermore, the ICs exhibit all the advantages of Atmel's SMART-I.S.technology, including superior latch-up immunity and reduced junction leakage.

    While one of the main applications of the new driver ICs is the actuation of three fully independent DC motors in three H-bridges, the ATA6837/39 can also support the operation of up to five DC motors sharing four common lines, as long as the motors are not all actuated at the same time. Such a configuration can be used, for example, in automotive air conditioning systems, where five air-flow control flaps can be operated from one IC. Software can be used to avoid the simultaneous actuation of the DC motors. In addition, the half-bridge configuration also enables the operation of six different resistive or inductive loads.

    The ATA6837/39 provide several protection features such as overtemperature warning of 170 degrees Celsius and shutdown of 200 degrees Celsius, overload and overvoltage protection, and full protection against short-circuits. The SPI output register contains a number of diagnostic bits, which can be read by the microcontroller. In the event of undervoltage at the supply pin, the power-supply fail bit in the output register is set and all outputs are disabled. If the overtemperature pre-warning bit is set, software routines to decrease the power dissipation and temperature can be implemented. Temperature increases beyond a certain level can force the IC to shut down to prevent destruction.

    The ATA6837/39 feature 4 kV ESD protection, which provides maximum safety against damage during assembly. The device also meets the strict automotive qualification demands (protection against conducted interference, EMC, and ESD protection) and can withstand transients as specified in ISO/TR 7637.

    Availability and Pricing

    Samples of the new driver ICs ATA6837/39 are now available in Pb-free QFN24 packages, measuring only 5 mm x 5 mm. Pricing starts at US $2.30 for the ATA6837 and at US $2.40 for the ATA6839 for 10k-piece quantities each. An application board for development support can be ordered for US $130.

    Footnote BCDMOS = Mixed-signal technology with Bipolar, CMOS and DMOS components DC = Direct Current EMC = Electro Magnetic Compatibility ESD = Electro Static Discharge QFN = Quad Flat No leads SOI= Silicon on Insulator About Atmel

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

    (C) 2008 Atmel Corporation. All rights reserved. Atmel(R), logo and combinations thereof, AVR(R), SMART-I.S.(R), and others are registered trademarks or trademarks of Atmel Corporation or its subsidiaries. Other terms and product names may be trademarks of others.

    Information

    Product information on Atmel's high-temperature driver ICs ATA6837/39 may be retrieved at:

    http://www.atmel.com/dyn/products/product_card.asp?part_id=4326 (ATA6837) http://www.atmel.com/dyn/products/product_card.asp?part_id=4327 (ATA6839) Press Contacts Dr. Susanne van Clewe, Marcom Manager Communications and Automotive Products Phone: +49 7131 67-2081, Email: susanne.van-clewe@atmel.com Helen Perlegos, Public Relations Phone: +1 408 487-2963, Email: hperlegos@atmel.com

    Atmel Corporation

    CONTACT: Dr. Susanne van Clewe, Marcom Manager Communications and
    Automotive Products, +49 7131 67-2081, susanne.van-clewe@atmel.com; or Helen
    Perlegos, Public Relations, +1-408-487-2963, hperlegos@atmel.com, both of
    Atmel Corporation

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




    Novellus Launches New Suite of Dry Strip and Clean SystemsG400 Sets Benchmark as the Industry's Highest Throughput Ashing System, GxT Provides Advanced Technology for Critical Applications

    SAN JOSE, Calif., May 19 /PRNewswire-FirstCall/ -- Novellus Systems today announced two new industry-leading dry strip and clean systems, each targeting different photoresist removal requirements at fabs and foundries worldwide. The G400(TM) and GxT(TM) are built upon Novellus' production-proven, market-leading GAMMA(R) platform. The new tools address high throughput and low defectivity requirements for flash, DRAM and logic applications. Both systems have shipped to customers, with the first G400 going to a large Asian memory manufacturer and the GxT placed at multiple large foundries in Asia.

    "With IC manufacturing becoming more complex, there is a clear need for specialized, dedicated tools like the G400 and GxT which have been optimized to meet diverging customer needs. Strip systems in cost-sensitive memory applications need to deliver the highest levels of productivity while providing the lowest cost of ownership. Logic applications, on the other hand, are driven by advanced technology requirements, with a need to deliver low silicon loss, ultra-low defectivity and critical clean applications," said Kevin Jennings, vice president and general manager of Novellus' Surface Integrity Group. "The introduction of these tools will further extend our leadership in the market for strip and clean systems."

    G400: The Industry's Highest Throughput Ashing System

    Targeting bulk strip and high-dose implant strip (HDIS) applications primarily used in large DRAM and flash memory fabs, the G400 is the industry's highest throughput ashing system. Enhanced source technology combined with faster wafer heating for higher ash rates enables the system to simultaneously deliver over 400 wafers per hour for bulk strip applications and 300 wafers per hour for implant strip applications. The G400 combines a new high-rate ashing technology with an optimized system design to provide up to a 25 percent productivity gain compared to prevailing industry standards.

    GxT: Advanced Technology for Critical Strip and Clean Applications Targeting critical logic processes that require low silicon loss and ultra-low defectivity, the GxT provides advanced capabilities for both demanding strip applications (including both HDIS and super-HDIS) and BEOL clean applications.

    The GxT takes advantage of Novellus' production-proven multi-station sequential processing (MSSP) architecture, offering multiple process zones that provide the flexibility to handle complex recipes and chemistries. The system's SmartFlow gas distribution technology supports individual station-by-station control of both oxidizing and reducing chemistries.

    Key to the system's success is its ability to support higher-temperature bulk applications, lower-temperature HDIS and advanced cleaning processes simultaneously on the same platform. These lower-temperature applications are integral to providing low silicon loss while ensuring high throughput with low cost of ownership.

    About GAMMA

    Both the G400 and the GxT are built on the highly successful GAMMA platform, which is deployed at eight of the top 10 semiconductor manufacturers, spans four technology nodes, and is in use today for 32nm pilot production. The continuously evolving GAMMA platform enabled Novellus to achieve significant gains in market share in 2007, according to reports from both Dataquest and VLSI Research. Its most recent version, the GAMMA Express, is a market leader in 300mm photo resist removal at the 65nm and 45nm nodes, and it is qualified at multiple top DRAM, flash, logic and foundry semiconductor manufacturers.

    About Novellus:

    Novellus Systems, Inc. is a leading provider of advanced process equipment for the global semiconductor industry. The company's products deliver value to customers by providing innovative technology backed by trusted productivity. An S&P 500 company, Novellus is headquartered in San Jose, Calif. with subsidiary offices across the globe. For more information, please visit http://www.novellus.com/.

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

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that (i) our belief that the increasing complexity of IC manufacturing leads to a need for specialized, dedicated tools like the G400 and GxT, (ii) our belief that in order for strip systems to be cost-sensitive, memory applications need to deliver the highest levels of productivity while providing the lowest cost of ownership, (iii) our belief that logic applications are driven by advanced technology requirements with a need to deliver low silicon loss, ultra-low defectivity and critical clean applications, and (iv) the introduction of the G400 and GxT will further extend our leadership in the market for strip and clean systems. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements. Such risks and uncertainties include, but are not limited to, technological innovations rendering our products obsolete or unnecessary; inefficiencies in the allocation of funds to our strategic product research and development efforts; difficulties in managing the cost and production of our products; declining customer demand; industry competition; as well as other risks indicated in our filings with the Securities and Exchange Commission (SEC). For more details, please refer to our SEC filings and the amendments thereto, including our Annual Report on Form 10-K for the year ended December 31, 2007, our Quarterly Report on Form 10-Q for the quarter ended March 29, 2008, and our Current Reports on Form 8- K. Forward-looking statements are made and based on information available to us on the date of this press release, and we assume no obligation to update them.

    GAMMA is a registered trademark, and G400 and GxT are trademarks of Novellus Systems, Inc.

    Novellus Systems, Inc.

    CONTACT: Pushpita Prasad of Novellus Systems, Inc., +1-408-943-9700,
    pushpita.prasad@novellus.com; or Joseph R. Kilmer of The Hoffman Agency,
    +1-408-975-3032, jkilmer@hoffman.com, for Novellus Systems, Inc.

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




    National Semiconductor Introduces Industry's First Emulated Current-Mode-Controlled Buck-Boost DC-DC Regulator Controller with Ultra-wide Operating Voltage RangePowerWise Switching Regulator Provides up to 10A from a Wide 3V to 75V Input in Automotive, Telecommunications and Battery-Powered Systems

    SANTA CLARA, Calif., May 19 /PRNewswire-FirstCall/ -- National Semiconductor Corp. today introduced the industry's first emulated current-mode-controlled buck-boost DC-DC regulator controller with a best-in- class operating voltage range of 3V to 75V for automotive, telecommunications and battery-powered systems. The LM5118 features programmable switching frequency up to 500 kHz, ultra-low shutdown current and smooth transition between buck and buck-boost modes. The LM5118 switching regulator features peak efficiency of 95 percent, positioning it among National's PowerWise(R) family of energy-efficient products.

    The simple two-switch configuration enables design engineers to easily assemble a complete power converter with ultra-wide input voltage range. Operation below 3V to 75V makes the LM5118 well-suited for automotive applications such as powering the dashboard display, electronic controls such as anti-lock braking or fuel injection control, and the multitude of microcontrollers used in today's cars. These systems operate from a 12.6V battery, but with a weak battery during cold crank conditions, the battery voltage could fall momentarily down to 4V. To ensure seamless control from electronic modules, the system must still operate at 4V or below. The unique buck-boost control of the LM5118 makes this seamless control possible.

    The control method of the LM5118 is based upon current-mode control utilizing an emulated current ramp. The patented emulated current-mode control technology provides superior line and load transient response and low duty cycle operation that is not achievable with traditional current-mode control.

    Technical Features of National's LM5118 Buck-Boost DC-DC Regulator

    National's LM5118 switching regulator features all of the functions necessary to implement an efficient buck-boost regulator, using a minimum of external components. The buck-boost topology maintains output voltage regulation when the input voltage is either less than or greater than the output voltage, making the product especially suitable for automotive applications.

    The LM5118 operates as a buck regulator when the input voltage is sufficiently greater than the regulated output voltage and gradually transitions to the buck-boost mode as the input voltage approaches the output. This dual-mode approach maintains regulation over a wide range of input voltages with optimal conversion efficiency in the buck mode and a glitch-free output during mode transitions. The LM5118 includes drivers for the high-side buck MOSFET and the low-side boost MOSFET. The emulated current-mode control reduces noise sensitivity of the pulse-width modulation circuit, allowing reliable control of very small duty cycles necessary in high-input voltage applications. Additional protection features include current limit, thermal shutdown and an enable input.

    The LM5118 is offered in a 20-pin thermally enhanced TSSOP package. For more information on the LM5118 or to order samples or an evaluation board, visit http://www.national.com/pf/LM/LM5118.html.

    About Emulated Current-Mode Technology

    Emulated current-mode control overcomes traditional current-mode control's noise susceptibility by emulating the buck switch current signal, which is then used for current-mode control. The emulated buck switch current signal is the sum of an emulation ramp current and the sampled diode current just before switching occurs. Avoiding direct buck switch current measurement minimizes the effect of switching noise, while maintaining the benefits of the current-mode control.

    About National's Power Management Products

    National solves power management design problems in space- and energy-constrained applications from feature-rich handheld devices through large line-powered systems. From the novice power designer to the power expert, National's products, people and design tools enable customers to design green-powered systems with complex power supplies in the shortest amount of time. High-performance products include switching regulators such as National's flagship SIMPLE SWITCHER(R) family, and application-specific products including white-LED drivers and Power-over-Ethernet controllers. More information about National's power management products is available at http://www.national.com/power.

    Availability and Pricing

    Available now, the LM5118 is priced at $2.92 each in 1,000-unit quantities.

    About National's PowerWise Brand

    National's PowerWise brand reflects the company's energy-efficient product portfolio. It signifies products with outstanding performance-to-power at the component level, as well as products that provide an outstanding, energy- efficient solution when coupled with other National parts. National's PowerWise family of products features energy-efficient power management, operational amplifiers, interface and data conversion products. For more information about National's PowerWise brand, visit: http://www.national.com/powerwise.

    About National Semiconductor

    National Semiconductor, the industry's premier analog company, creates high-value analog devices and subsystems. National's leading-edge products include power management circuits, display drivers, audio and operational amplifiers, interface products and data conversion solutions. National's key analog markets include wireless handsets, displays, communications infrastructure, medical, automotive, industrial, and test and measurement applications. Headquartered in Santa Clara, Calif., National reported sales of $1.93 billion for fiscal 2007, which ended May 27, 2007. Additional company and product information is available at http://www.national.com/.

    National Semiconductor, SIMPLE SWITCHER and PowerWise are registered trademarks of National Semiconductor Corporation.

    Reader Information Design Support Group National Semiconductor (800) 272-9959 http://www.national.com/ Media Contact Gayle Bullock National Semiconductor (408) 721-2033 gayle.bullock@nsc.com

    National Semiconductor

    CONTACT: Reader Information, Design Support Group, 1-800-272-9959, or
    Media, Gayle Bullock, +1-408-721-2033, gayle.bullock@nsc.com, both of National
    Semiconductor

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




    National Semiconductor Helps Customers Solve System-Energy ChallengesCompany's New PowerWise Metrics Help Designers Select ICs for More Energy-Efficient Systems

    SANTA CLARA, Calif., May 19 /PRNewswire-FirstCall/ -- Reinforcing its leadership in power management and energy-efficient products, National Semiconductor Corp. today launched an initiative to help customers create more energy-efficient systems that use less power, generate less heat, have a smaller form factor and/or longer battery life.

    The trend towards energy conservation continues to grow worldwide. As market forces drive higher user experience expectations and the adoption of video streaming and sharing, mobile broadband, and unlimited storage capacity, the resources required to power this trend are finite. Therefore, enabling electronic systems to be more energy efficient becomes imperative and is especially important as the cost of energy continues to rise.

    At the system level, National helps customers solve energy efficiency problems with integrated circuits (ICs) from its PowerWise(R) family of components as well as architecting unique system solutions which it embeds in silicon or licenses as intellectual property. There are currently approximately 300 ICs in National's PowerWise family including energy-efficient power management, operational amplifier, interface and data conversion products.

    To make it easy for customers to optimize power and performance, National has established a set of PowerWise metrics to help system designers easily compare and select energy-efficient analog components and subsystems. National has strict criteria for power and performance and is setting a standard where none currently exists. Depending on the type of IC, National used product-specific, practical formulas incorporating commonly used engineering measurements to determine each efficiency specification for 24 product families. For example, the metric for a high-speed data converter factors in both the key dynamic performance metrics and the power consumed. National has published its PowerWise metrics, along with descriptive whitepapers and other resources to help designers create energy-efficient systems, on its Web site: http://www.national.com/powerwise.

    About National's PowerWise Brand

    National's PowerWise brand reflects the company's energy-efficient product portfolio. The portfolio includes products with outstanding performance-to-power ratios at the component level as well as system solutions including intellectual property, reference designs, and highly integrated ICs specifically designed to provide maximum system-level energy savings. National's PowerWise family of products includes energy-efficient power management, amplifier, interface, and data conversion products. For more information about National's energy-efficient products, resources and tools, visit http://www.national.com/powerwise.

    About National Semiconductor

    National Semiconductor, the industry's premier analog company, creates high-value analog devices and subsystems. National's leading-edge products include power management circuits, display drivers, audio and operational amplifiers, interface products and data conversion solutions. National's key analog markets include wireless handsets, displays, communications infrastructure, medical, automotive, industrial, and test and measurement applications. Headquartered in Santa Clara, Calif., National reported sales of $1.93 billion for fiscal 2007, which ended May 27, 2007. Additional company and product information is available at http://www.national.com/.

    Media Contact: LuAnn Jenkins National Semiconductor (408) 721-2440 luann.jenkins@nsc.com

    National Semiconductor Corp.

    CONTACT: LuAnn Jenkins of National Semiconductor, +1-408-721-2440,
    luann.jenkins@nsc.com

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




    Dell and Alienware First to Ship High-Performance Laptops Powered by New Seagate(R) Momentus(R) 7,200-rpm Hard Drive With 320GB of Capacity

    SCOTTS VALLEY, Calif., May 19 /PRNewswire-FirstCall/ -- Seagate Technology today announced that its Momentus(R) 7200.3 hard drive, the industry's first 7,200-rpm, 320GB hard drive for mobile computing, now powers Dell XPS laptop PCs and will be available soon in select Alienware laptops -- making the leading computer manufacturers first to market with systems featuring high-performance 320GB hard drives.

    "Laptop users want every bit of capacity, performance and durability that desktop PCs deliver," said Michael Wingert, Seagate executive vice president and general manager, Personal Compute Business. "The new Momentus 7200.3 hard drive exemplifies Seagate's focus on delivering leading storage technologies that make it easier to move, use and protect digital information in the home, in the office and on-the-go."

    Perfect for performance laptops, workstations and small form factor desktop PCs, the Momentus 7200.3 hard drive for on-the-go workers and consumers combines the industry's lowest power consumption, free-fall protection and industry-leading performance. Seagate's new 2.5-inch hard drive delivers up to 320GB of capacity and combines a fast Serial ATA 3.0 Gbit/second interface with 7200-rpm spin speed and a 16MB cache to enable the highest-performance laptops ever. The drive also is offered with G-Force Protection, a free-fall sensor technology, to help prevent drive damage and data loss upon impact if a laptop PC is dropped. The sensor works by detecting any changes in acceleration equal to the force of gravity, then parking the head off the disc to prevent contact with the platter in a free fall of as little as eight inches.

    The Momentus 7200.3 hard drive is designed for a wide range of systems including mainstream notebook PCs, workstations, and small form factor desktop PCs. Offered in 80GB, 120GB, 160GB, 250GB and 320GB capacities, the 2.5-inch drive also is perfect for users looking to upgrade their notebooks to deliver true desktop PC performance.

    The entire Momentus series is built tough to withstand up to 1000 Gs of non-operating shock and 350 Gs of operating shock to protect drive data, making the drives ideal for systems that are subject to rough handling or high levels of vibration. The hard drives are also lean on power consumption, allowing notebook users to work longer between battery charges, and are virtually inaudible thanks to Seagate's innovative SoftSonic(TM) fluid-dynamic bearing motors and QuietStep(TM) ramp load technology.

    About Seagate

    Seagate is the worldwide leader in the design, manufacture and marketing of hard disc drives and storage solutions, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions. Seagate's business model leverages technology leadership and world-class manufacturing to deliver industry-leading innovation and quality to its global customers, with the goal of being the time-to-market leader in all markets in which it participates. The company is committed to providing award-winning products, customer support and reliability to meet the world's growing demand for information storage. Seagate can be found around the globe and at http://www.seagate.com/.

    Seagate, Seagate Technology and the Wave logo are registered trademarks of Seagate Technology LLC. Momentus, SoftSonic, and QuietStep are trademarks or registered trademarks of Seagate Technology LLC or one of its affiliated companies. All other trademarks or registered trademarks are the property of their respective owners. Specified storage capacities reflect standard configurations exclusive of operating system or other software formatting. One gigabyte, or GB, equals one billion bytes when referring to hard drive capacity. Accessible capacity may vary depending on operating environment and formatting.

    Seagate Technology

    CONTACT: Michael Hall of Seagate Technology, +1-831-439-2731,
    michael.l.hall@seagate.com

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




    SAIC Awarded $46 Million Contract by the U.S. Army Contracting AgencyCompany to Support the Army's G-8 Force Development

    SAN DIEGO and MCLEAN, Va., May 19 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced it has been awarded a contract from the Headquarters, Department of the Army (HQDA) to support the Army Equipping Enterprise System (AE2S). This prime, single-award contract will support G-8 Force Development and other HQDA agencies. The contract has a one year base period of performance, four one-year options and a total contract value of more than $46 million. Work will be performed primarily in the National capital region.

    Under the contract, SAIC will provide services including analytic support; software, portal and database development; and training to integrate the Army Flow Model, Force Development Investment Information System, and Continuous Early Validation applications into a common language and server environment.

    "SAIC has supported the Army in the development of the Army Flow Model for the past 14 years. We are pleased to continue delivering capabilities that support the Army in deploying soldiers with the best equipment while concurrently modernizing," said John Fratamico, SAIC senior vice president and business unit general manager.

    About SAIC

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

    SAIC: From Science to Solutions(R)

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

    Contact: Melissa Koskovich (703) 676-6762 Melissa.l.koskovich@saic.com Laura Luke (703) 676-6533 laura.luke@saic.com

    SAIC

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

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




    RRsat Expands Agreement With Sony Pictures Television International and Broadcasts AXN SCI-FI to Russia

    OMER, Israel, May 19 /PRNewswire-FirstCall/ -- RRsat Global Communications Network Ltd. , a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, announced today that it has been chosen to distribute AXN SCI-FI, the science fiction channel from Sony Pictures Television International ("SPTI") into Russia, over its premier RRsat Global Network.

    The new agreement will leverage extensive capabilities of the RRsat Global Network including RRsat's fiber optic from the United Kingdom and encrypted satellite distribution services over the ABS-1 Satellite. As part of the agreement, RRsat will also provide value added services such as encryption.

    "We are proud to expand our relationship with SPTI, taking the channel to new regions by leveraging the advanced capabilities RRsat's premier Global Network offers its customers. This agreement further demonstrates the added value RRsat's customers gain from our total end-to-end solution, from broadcasting through distribution, while expanding the channels boundaries to reach to new countries, regions and continents," said David Rivel, CEO and Founder of RRSat.

    About RRsat Global Communications Network Ltd.

    RRsat Global Communications Network Ltd. provides global, comprehensive, content management and distribution services to the rapidly expanding television and radio broadcasting industries. Through its proprietary "RRsat Global Network," composed of satellite and terrestrial fiber optic transmission capacity and the public Internet, RRsat is able to offer high-quality and flexible global distribution services for content providers. RRsat's comprehensive content management services include producing and playing out TV content as well as providing satellite newsgathering services (SNG). RRsat concurrently provide these services to more than 425 television and radio channels, covering more than 150 countries. Visit the company's website http://www.rrsat.com/ for more information.

    Safe Harbor Statement

    This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding (i) the growth of our business and the television and radio broadcasting industries, (ii) our expectation to expand our client base and sell additional services to our existing client base, and (iii) our ability to report future successes. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry as of the date of this press release. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements, including the risks indicated in our filings with the Securities and Exchange Commission (SEC). For more details, please refer to our SEC filings and the amendments thereto, including our Annual Report on Form 20-F for the year ended December 31, 2007 and our Current Reports on Form 6-K.

    Company Contact Information: Gil Efron, CFO Tel: +972-8-861-0000 Email: investors@RRsat.com External Investor Relations Contacts: Ehud Helft / Kenny Green Tel: +1-646-201-9246

    RRSat Global Communications Network Ltd

    CONTACT: Company Contact Information: Gil Efron, CFO, Tel:
    +972-8-861-0000, Email: investors@RRsat.com; External Investor Relations
    Contacts: Ehud Helft / Kenny Green, Tel: +1-646-201-9246




    BCE substantially satisfies conditions for CRTC approval

    MONTREAL, Quebec, May 19 /PRNewswire-FirstCall/ -- BCE (TSX, NYSE: BCE) announced today that it has received written confirmation from the Canadian Radio-television and Telecommunications Commission (CRTC) that the Commission's conditions set forth in its Decision of March 27, 2008 to its approval of the proposed acquisition of BCE by an investor group led by Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan, Providence Equity Partners Inc., Madison Dearborn Partners, LLC, and Merrill Lynch Global Private Equity, have been fulfilled with two minor exceptions.

    In its letter of May 16, 2008, the CRTC requested that an amended Principal Investors Agreement be filed with the Commission within 30 days addressing the mechanics of the appointment of an independent member of the board of directors should certain circumstances arise in the future. The CRTC's letter also addresses an outstanding issue concerning the disposition of the balance of the tangible benefits payable by BCE as a result of the transaction, as a result of which BCE will now direct 10 per cent of those benefits to the BCE New Media Trust.

    BCE expects the transaction to close before the end of the second quarter of 2008.

    Caution Concerning Forward-Looking Statements

    This news release contains forward-looking statements relating to the proposed privatization of BCE, legal proceedings related thereto and other statements that are not historical facts. Such forward-looking statements are subject to important risks, uncertainties and assumptions including, in particular, the inherent uncertainty regarding the conduct, outcome and timing of any litigation. The results or events predicted in these forward-looking statements may differ materially from actual results or events. As a result, we cannot guarantee that any forward-looking statement will materialize.

    The completion of the proposed privatization transaction is subject to a number of terms and conditions, including, without limitation: (i) satisfaction of the conditions to the approvals of the Canadian Radio-television and Telecommunications Commission and the Minister of Industry, (ii) resolution of the appeals filed by the debentureholders with regard to the plan of arrangement, and any related stay or injunction that would prevent closing pending resolution of such appeals, and (iii) certain termination rights available to the parties under the definitive agreement dated June 29, 2007, as amended, governing the terms of the transaction. The conditions to these approvals may not be satisfied, the other conditions to the transaction may not be satisfied in accordance with their terms, and/or the parties to the definitive agreement may exercise their termination rights, in which case the proposed privatization transaction could be modified, restructured or terminated, as applicable. Failure to complete the proposed privatization transaction could have a material adverse impact on the market price of BCE's shares.

    The forward-looking statements contained in this news release are made as of the date of this release and, accordingly, are subject to change after such date. Except as may be required by Canadian securities laws, we do not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise. Additionally, we undertake no obligation to comment on expectations of, or statements made by, third parties in respect of the proposed privatization transaction. For additional information with respect to certain of these and other assumptions and risks, please refer to BCE's 2007 annual MD&A dated March 5, 2008 included in the Bell Canada Enterprises 2007 Annual Report, BCE's 2008 First Quarter MD&A dated May 6, 2008, as well as to the definitive agreement dated June 29, 2007, as amended, and BCE's management proxy circular dated August 7, 2007, all filed by BCE with the Canadian securities commissions (available at http://www.sedar.com/) and with the U.S. Securities and Exchange Commission (available at http://www.sec.gov/). These documents are also available on BCE's website at http://www.bce.ca/.

    About BCE Inc.

    BCE is Canada's largest communications company, providing the most comprehensive and innovative suite of communication services to residential and business customers in Canada. Under the Bell brand, the Company's services include local, long distance and wireless phone services, high-speed and wireless Internet access, IP-broadband services, information and communications technology services (or value-added services) and direct-to-home satellite and VDSL television services. BCE also holds an interest in CTVglobemedia, Canada's premier media company. BCE shares are listed in Canada and the United States.

    BCE REGULATORY

    CONTACT: Jacqueline Michelis, Bell Canada, Media Relations,
    1-877-391-2007, jacqueline.michelis@bell.ca; Thane Fotopoulos, BCE, Investor
    Relations, (514) 870-4619, thane.fotopoulos@bell.ca




    Alliance Data To Present at the Seventh Annual JMP Securities Research Conference

    DALLAS, May 19 /PRNewswire-FirstCall/ -- Alliance Data Systems Corporation , a leading provider of loyalty and marketing solutions derived from transaction-rich data, today announced that Ed Heffernan, executive vice president and chief financial officer, will present at the Seventh Annual JMP Securities Research Conference in San Francisco on Wednesday, May 21, 2008.

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

    The presentation will take place at 9:00 AM Pacific time / 12:00 PM Eastern time and will be broadcast live over the Internet at the following address: http://www.wsw.com/webcast/jmp6/ads/ or through the Company's website at http://www.alliancedata.com/. A replay of the webcast will be available for 30 days following the presentation.

    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/.

    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, Financial Dynamics, +1-212-850-5721,
    alliancedata@fd.com, for Alliance Data

    Web site: http://www.alliancedata.com/
    http://www.wsw.com/webcast/jmp6/ads




    Environmental Tectonics Corporation Announces Sale of Two Hyperbaric Monoplace Chambers

    SOUTHAMPTON, Pa., May 19 /PRNewswire-FirstCall/ -- Environmental Tectonics Corporation's ("ETC" or the "Company") BioMedical Systems division today announced the sale and installation of two (2) BARA-MED(R) XD Monoplace Hyperbaric Chambers to Med One Capital for placement at one of the many Innovations Healthcare Consulting, Inc. sites.

    ETC is thrilled to work with Innovations Healthcare Consulting, a growing company who focuses solely on initiating and operating wound healing clinics throughout the United States. This is the first computerized monoplace hyperbaric chamber in the state of Texas, with other orders for Texas on the horizon.

    ETC prides itself on being the only manufacturer of a computerized monoplace hyperbaric chamber. The BARA-MED(R) XD includes a 4th generation Windows(TM) based operating system. This computerized system eliminates the need for operator dive time management and paper recordkeeping while ensuring comprehensive and unassailable documentation of the procedure. These features enable technicians to focus their attention on patient care and management, making them more effective and efficient.

    Gene Davis, President of ETC's BioMedical Division, commented, "I am pleased to see to a greater extent hospitals and wound care clinics are recognizing that our chambers are ready to meet the demands of EMR (Electronic Medical Records)."

    The BioMedical Division plans to continue to supply its customers with both well-designed and scientifically advanced products in a competitive market. The BARA-MED and BARA-MED XD is a true evolution of our expertise in bringing practical value and technology closer together.

    For further information on ETC hyperbaric chambers and how our chambers could benefit your HBOT (Hyperbaric Oxygen Therapy) programs please visit our website http://www.etcbiomedical.com/.

    ETC designs, develops, installs and maintains aircrew training systems (aeromedical, tactical combat and general), disaster management training systems and services, entertainment products, sterilizers (steam and gas), environmental testing products, hyperbaric chambers and related products for domestic and international customers.

    This Annual Report on Form 10-K includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on ETC's current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC's and its subsidiaries that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

    These forward-looking statements include statements with respect to the Company's vision, mission, strategies, goals, beliefs, plans, objectives, expectations, anticipations, estimates, intentions, financial condition, results of operations, future performance and business of the company, including but not limited to, (i) the proposed acquisition of the Company by Lenfest, a member of ETC's Board of Directors and a significant shareholder, (ii) the potential delisting of the Company's common stock from the American Stock Exchange as a result of the Company's failure to comply with the AMEX listing standards, (iii) projections of revenues, costs of materials, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, capital structure, other financial items and the effects of currency fluctuations, (iv) statements of our plans and objectives of the Company or its management or Board of Directors, including the introduction of new products, or estimates or predictions of actions of customers, suppliers, competitors or regulatory authorities, (v) statements of future economic performance, (vi) statements of assumptions and other statements about the Company or its business, (vii) statements made about the possible outcomes of litigation involving the Company, including our outstanding litigation with Disney; (viii) statements regarding the Company's ability to obtain financing to support its operations and other expenses, and (ix) statements preceded by, followed by or that include the words, "may," "could," "should," "looking forward," "would," "believe," "expect," "anticipate," "estimate," "intend," "plan," or the negative of such terms or similar expressions. These forward-looking statements involve risks and uncertainties which are subject to change based on various important factors. Some of these risks and uncertainties, in whole or in part, are beyond the Company's control. Factors that might cause or contribute to such a material difference include, but are not limited to, those discussed in the Company's Annual Report on Form 10-K, in the section entitled "Risks Particular to Our Business." Shareholders are urged to review these risks carefully prior to making an investment in the Company's common stock.

    The Company cautions that the foregoing list of important factors is not exclusive. Except as required by federal securities law, the Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.

    Contact: Duane D. Deaner, CFO Tel: 215-355-9100 (ext. 1203) Fax: +1-215-357-4000 ETC -- Internet Home Page: http://www.etcusa.com/

    Environmental Tectonics Corporation

    CONTACT: Duane D. Deaner, CFO of Environmental Tectonics Corporation,
    +1-215-355-9100, ext. 1203, fax, +1-215-357-4000

    Web site: http://www.etcusa.com/
    http://www.etcbiomedical.com/




    Qualcomm and CETECOM Enter Into a MediaFLO Test Services Agreement- CETECOM USA to Become Independent FLO Certification Lab, Accelerating Time to Market for MediaFLO-Enabled Devices -

    SAN DIEGO and MILPITAS, Calif., May 19 /PRNewswire-FirstCall/ -- Qualcomm Incorporated , a leading developer and innovator of advanced wireless technologies and data solutions, and CETECOM Incorporated (USA), a leading independent wireless technology testing and certification organization, today announced that the companies have signed a Test Services Agreement which is a key milestone towards establishing CETECOM as the first independent FLO(TM) certification lab. Using approved testing and certification processes published by the FLO Forum, CETECOM will perform FLO Series I, II and III testing services on a variety of cellular and consumer electronics devices intended to support commercial MediaFLO(TM) services in order to ensure they meet rigorous performance criteria and gain market entry more quickly.

    "The agreement between Qualcomm and CETECOM is a significant step towards achieving an independent, global certification program for MediaFLO-based technologies," said Mike Coad, vice president of partner relations for Qualcomm MediaFLO Technologies.

    "Through this arrangement, the entire MediaFLO ecosystem will benefit from independent certification testing of MediaFLO devices, which will in turn accelerate product time to market and enable greater interoperability of services."

    "We believe the establishment of this transparent certification process for the open MediaFLO mobile broadcast standard is the key to establishing a global competitive marketplace for equipment providers and operators to bring tested and proven MediaFLO-based mobile broadcast devices and services to consumers worldwide," said Maan Ghanma, director of Mobile Communications for CETECOM Inc.

    CETECOM Inc. is ISO 17025 accredited and has a long history in the testing and certification of GSM / WCDMA devices. The company has acquired FLO device certification equipment from MediaFLO test equipment providers. Under the terms of the Test Services Agreement, Qualcomm also will make its own facilities and equipment available to CETECOM for FLO Series III testing of CDMA-based devices.

    MediaFLO is a mobile broadcast platform for the delivery of high-quality entertainment and information, including streaming video and audio, Clipcasting(TM) media, IP datacasting and interactive services. FLO is an open, globally recognized air interface technology standardized by the Telecommunications Industry Association and recommended by ITU-R for the broadcasting of multimedia and data applications. Invented for mobility, MediaFLO is designed to increase capacity and coverage, as well as reduce costs for multimedia content delivery to mobile devices. More information about MediaFLO is available at http://www.mediaflo.com/.

    CETECOM is a worldwide leading provider in consulting, testing, certification and approval services for the wireless industry with several state-of-the-art testing laboratories in Europe, the U.S. and Asia. The CETECOM network provides a unique service portfolio covering the entire life cycle of mobile and wireless communication products. For more information, please visit http://www.cetecomusa.com/.

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

    Qualcomm is a registered trademark of Qualcomm Incorporated. Clipcasting, FLO and MediaFLO are trademarks of Qualcomm Incorporated. All other trademarks are the property of their respective owners.

    Qualcomm Contacts: Mona Klausing, Qualcomm MediaFLO Technologies Phone: 1-858-651-4268 Email: mediaflo_pr@qualcomm.com Emily Kilpatrick, Corporate Communications Phone: 1-858-845-5959 Email: corpcomm@qualcomm.com John Gilbert, Investor Relations Phone: 1-858-658-4813 Email: ir@qualcomm.com CETECOM Contact: Jennifer Anonical, CETECOM Inc. Phone: 1-408-586-6256 Email: pr@cetecomusa.com

    Qualcomm Incorporated

    CONTACT: Mona Klausing, Qualcomm MediaFLO Technologies, +1-858-651-4268
    mediaflo_pr@qualcomm.com, or Emily Kilpatrick, Corporate Communications,
    +1-858-845-5959, corpcomm@qualcomm.com, or John Gilbert, Investor Relations,
    +1-858-658-4813, ir@qualcomm.com, all of Qualcomm Incorporated; or Jennifer
    Anonical of CETECOM Inc., +1-408-586-6256, pr@cetecomusa.com

    Web site: http://www.qualcomm.com/
    http://www.mediaflo.com/
    http://www.cetecomusa.com/




    Hastings Entertainment, Inc. Announces Record First Quarter Earnings* Net income growth over prior year, for the fifth consecutive quarter.* Fully diluted EPS grew 27.3% for the quarter, to $0.28 per diluted share compared to $0.22 per diluted share for the first quarter of fiscal 2007.* Total comparable store revenues increased 4.2% for the first quarter of fiscal 2008 compared to a Comp decrease of 3.9% during the same period in fiscal 2007.* Maintaining guidance of net income per fully diluted share ranging from $0.95 to $1.00 for the full fiscal year ending January 31, 2009.

    AMARILLO, Texas, May 19 /PRNewswire-FirstCall/ -- Hastings Entertainment, Inc. , a leading multimedia entertainment retailer, today reported results for the three months ended April 30, 2008. Net income was approximately $3.0 million, or $0.28 per diluted share, for the first quarter of fiscal 2008 compared to net income of $2.5 million, or $0.22 per diluted share, for the first quarter of fiscal 2007.

    "I'm excited by the record profits our new management team delivered on top of a very strong first quarter during fiscal 2007," said Chief Executive Officer John Marmaduke. "BUY, SELL, TRADE, RENT creates a new retailing synergy by offering greater value and selection from a seamless assortment of new and used products, while monetizing our customers' unwanted entertainment. We have an opportunity to take advantage of weakened competitors with our new and used Entertainment Superstore, while additionally delivering exceptional value to our customers in a difficult economic environment."

    Financial Results for the First Quarter of Fiscal Year 2008

    Revenues. Total revenues for the first quarter increased $3.9 million, or 3.1%, to $131.9 million compared to $128.0 million for the first quarter of fiscal 2007. The following is a summary of our revenues results (dollars in thousands):

    Three Months Ended April 30, 2008 2007 Percent Percent Increase/(Decrease) Revenues of Total Revenues of Total Dollar Percent Merchandise revenue $108,317 82.1% $105,064 82.1% $3,253 3.1% Rental revenue 23,619 17.9% 22,948 17.9% 671 2.9% Total revenues $131,936 100.0% $128,012 100.0% $3,924 3.1% Comparable-store revenues ("Comp"): Total 4.2% Merchandise 4.3% Rental 3.8%

    Below is a summary of the Comp results for our major merchandise categories:

    Three Months Ended April 30, 2008 2007 Trends 36.8% -14.3% Video Games 29.8% -5.8% Electronics 26.8% 17.5% Hardback Cafe 14.2% 9.0% Consumables 12.5% 0.6% Books 5.6% -1.3% Movies 3.2% 4.9% Music -16.0% -13.0%

    Trends Comps increased 36.8% primarily due to strong sales of Webkinz plush products, as well as strong apparel and seasonal sales. Key drivers in the apparel category included jewelry, bags, and hats. Key drivers in the seasonal category included Valentine's Day and Easter products. Video Game Comps increased 29.8% primarily due to strong sales of new hit titles released during the first quarter, including Grand Theft Auto IV, Mario Kart Wii, Super Smash Bros. Brawl, Army of Two, and Turok, as well as increased sales of used games, gaming systems and gaming accessories including Sony PS3 and Nintendo Wii controllers. Electronics department Comps increased 26.8% for the quarter, which was attributable to strong sales of refurbished iPods and MP3 player related accessories, as well as increased sales of third-party gift cards. Books Comps increased 5.6% during the first quarter, primarily due to increased sales of new trade paperback books, as well as strong sales of used hardback and trade paperback books. Hit titles driving book sales during the quarter included New Earth, by author Eckhart Tolle, and The Last Lecture, by author Randy Pausch. Movie Comps increased 3.2%, primarily due to increased sales of both new and used DVDs, Blu-ray format movies, and used DVD box sets. Hit movies released during the quarter, including I Am Legend, Alvin and the Chipmunks, American Gangster, and No Country For Old Men, helped drive the sales of new DVDs and Blu-ray. These increases were partially offset by lower sales of new DVD boxed sets and previously-viewed titles. Music Comps fell 16.0% for the quarter directly as a result of continued industry declines as consumers looked to other forms of music alternatives, primarily through digital downloads. Merchandise Comps, excluding the sales of Music, increased 10.4% during the quarter.

    Rental video Comps increased 3.8% from the same period last year primarily as a result of increased video game rentals resulting from the release of strong hit titles during the first quarter. We continue to respond to a shift of consumer preference towards buying DVDs and games instead of renting, and as a result, the combined sales and rental of movies and video games resulted in a Comp increase of 8.0%.

    Gross Profit - Merchandise. For the first quarter, total merchandise gross profit dollars increased approximately $1.3 million, or 4.0%, to $33.4 million from $32.1 million for the same period last year, primarily as a result of higher revenues. As a percentage of total merchandise revenue, merchandise gross profit increased to 30.8% for the quarter compared to 30.5% for the same period in the prior year.

    Gross Profit - Rental. For the first quarter, total rental gross profit dollars remained constant at $15.6 million. Higher rental revenues were offset by lower margin rates. As a percentage of total rental revenue, rental gross profit decreased to 66.3% for the quarter compared to 68.2% for the same period in the prior year, which was primarily due to increased rental asset depreciation expense for the quarter, as compared to the prior year.

    Selling, General and Administrative Expenses ("SG&A"). As a percentage of total revenue, SG&A decreased to 33.1% for the first quarter compared to 33.5% for the same quarter in the prior year, primarily as a result of leverage from higher revenues. SG&A increased approximately $0.8 million during the first quarter, or 1.9%, to $43.7 million compared to $42.9 million for the same quarter last year. The increase in SG&A was primarily related to increased store labor costs and stock compensation expense.

    Stock Repurchase

    On September 18, 2001, we announced a stock repurchase program of up to $5.0 million of our common stock. Since that time, the Board of Directors has approved increases in the program in the amounts of $2.5 million on April 4, 2005; $5.0 million on March 15, 2006; $2.5 million on October 3, 2006; and $7.5 million on November 20, 2007. During the first quarter of fiscal 2008, we purchased a total of 158,041 shares of common stock at a cost of approximately $1,289,796, or $8.16 per share. As of April 30, 2008, a total of 2,813,791 shares had been repurchased under the program at a cost of approximately $18.6 million, for an average cost of approximately $6.59 per share. As of April 30, 2008, approximately $3.9 million remains available under the stock repurchase program.

    Fiscal Year 2008 Guidance

    "Net income for the quarter was substantially better then our internal forecast, which is the basis for our guidance," said Dan Crow, Vice President and Chief Financial Officer. "From an internal perspective, we are confident about our ability to grow our earnings for the remainder of the year; however, we are concerned about the uncertain economic outlook for the remainder of the year. Consequently, we are reaffirming our guidance of net income per diluted share ranging from $0.95 to $1.00 for the full fiscal year ended January 31, 2009."

    Safe Harbor Statement

    This press release contains "forward-looking statements." Hastings Entertainment, Inc. is including this statement for the express purpose of availing itself of the protections of the safe harbor provided by the Private Securities Litigation Reform Act of 1995 with respect to all such forward- looking statements. These forward-looking statements are based on currently available information and represent the beliefs of the management of the company. These statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks include, but are not limited to, consumer appeal of our existing and planned product offerings, and the related impact of competitor pricing and product offerings; overall industry performance and the accuracy of our estimates and judgments regarding trends; our ability to obtain favorable terms from suppliers; our ability to respond to changing consumer preferences, including with respect to new technologies and alternative methods of content delivery, and to effectively adjust our offerings if and as necessary; the application and impact of future accounting policies or interpretations of existing accounting policies; unanticipated adverse litigation results or effects; and other factors which may be outside of the company's control. Please refer to the company's annual, quarterly, and periodic reports on file with the Securities and Exchange Commission for a more detailed discussion of these and other risks that could cause results to differ materially.

    About Hastings

    Founded in 1968, Hastings Entertainment, Inc. is a leading multimedia entertainment retailer that combines the sale of new and used books, videos, video games and CDs, as well as trends merchandise, with the rental of videos and video games in a superstore format. We currently operate 153 superstores, averaging approximately 20,000 square feet, primarily in medium-sized markets throughout the United States.

    We also operate http://www.gohastings.com/, an e-commerce Internet Web site that makes available to our customers new and used entertainment products and unique, contemporary gifts and toys. The site features exceptional product and pricing offers. The Investor Relations section of our web site contains press releases, a link to request financial and other literature and access our filings with the Securities and Exchange Commission.

    Consolidated Balance Sheets (Dollars in thousands) April 30, April 30, January 31, 2008 2007 2008 (unaudited) (unaudited) Assets Current Assets Cash $4,003 $5,227 $3,982 Merchandise inventories, net 164,199 164,437 171,958 Deferred income taxes, current 3,590 3,009 3,441 Other current assets 10,384 10,677 11,386 Total current assets 182,176 183,350 190,767 Rental assets, net 13,613 11,235 13,236 Property and equipment, net 51,006 54,958 52,572 Deferred income taxes 2,831 2,583 2,756 Intangible assets, net 391 403 391 Other assets 1,143 289 499 Total assets $251,160 $252,818 $260,221 Liabilities and Shareholders' Equity Current liabilities Trade accounts payable $64,335 $68,224 $76,364 Accrued expenses and other liabilities 35,682 34,688 36,675 Total current liabilities 100,017 102,912 113,039 Long-term debt, excluding current maturities 42,686 46,750 40,616 Other liabilities 4,639 4,466 4,758 Shareholders' equity Preferred stock - - - Common stock 119 119 119 Additional paid-in capital 37,249 36,845 37,125 Retained earnings 78,881 68,131 75,892 Other comprehensive income 3 35 (15) Treasury stock, at cost (12,434) (6,440) (11,313) Total shareholders' equity 103,818 98,690 101,808 Total liabilities and shareholders' equity $251,160 $252,818 $260,221 Consolidated Statements of Earnings (Dollars in thousands, except per share data) Three Months Ended April 30, 2008 2007 (unaudited) (unaudited) Merchandise revenue $108,317 $105,064 Rental revenue 23,619 22,948 Total revenues 131,936 128,012 Merchandise cost of revenue 74,952 72,997 Rental cost of revenue 7,971 7,300 Total cost of revenues 82,923 80,297 Gross profit 49,013 47,715 Selling, general and administrative expenses 43,694 42,936 Pre-opening expenses 2 - Operating income 5,317 4,779 Other income (expense): Interest expense (472) (714) Other, net 17 33 Income before income taxes 4,862 4,098 Income tax expense 1,873 1,614 Net income $2,989 $2,484 Basic income per share $0.29 $0.23 Diluted income per share $0.28 $0.22 Weighted-average common shares outstanding: Basic 10,362 11,007 Dilutive effect of stock awards 296 192 Diluted 10,658 11,199 Consolidated Statements of Cash Flows (Dollars in thousands) April 30, April 30, 2008 2007 (unaudited) (unaudited) Cash flows from operating activities: Net income $2,989 $2,484 Adjustments to reconcile net income to net cash provided by operations: Rental asset depreciation expense 4,037 2,780 Purchases of rental video (8,363) (5,206) Property and equipment depreciation expense 4,867 4,876 Amortization - 8 Deferred income tax (224) 64 Loss on rental videos lost, stolen and defective 297 292 Loss on disposal of other assets 188 11 Noncash stock-based compensation 164 15 Changes in operating assets and liabilities: Merchandise inventory 11,412 5,669 Other current assets 1,002 (44) Trade accounts payable (10,563) (4,182) Accrued expenses and other liabilities (954) (3,329) Excess tax benefit from stock based compensation (39) - Other assets and liabilities, net (745) 150 Net cash provided by operating activities 4,068 3,588 Cash flows from investing activities: Purchases of property, equipment and improvements (3,490) (2,422) Net cash used in investing activities (3,490) (2,422) Cash flows from financing activities: Net borrowings (repayments) under revolving credit facility 2,070 4,828 Purchase of treasury stock (1,294) (729) Change in cash overdraft (1,466) (4,112) Proceeds from exercise of stock options 94 237 Excess tax benefit from stock based compensation 39 - Net cash provided by (used in) financing activities (557) 224 Net increase in cash 21 1,390 Cash at beginning of period 3,982 3,837 Cash at end of period $4,003 $5,227 Balance Sheet and Other Ratios (A) (Dollars in thousands, except per share amounts) April 30, April 30, 2008 2007 Merchandise inventories, net $164,199 $164,437 Inventory turns, trailing 12 months (B) 1.73 1.73 Long-term debt $42,686 $46,750 Long-term debt to total capitalization (C) 29.1% 32.1% Book value (D) $103,818 $98,690 Book value per share (E) $9.74 $8.81 Price to Earnings Ratio, trailing 12 months (F) 8.4 14.2 Three Months Ended April 30, 2008 2007 Comparable-store revenues (G): Total 4.2% -3.9% Merchandise 4.3% -3.2% Rental 3.8% -6.9% (A) Calculations may differ in the method employed from similarly titled measures used by other companies. (B) Calculated as merchandise cost of goods sold for the period's trailing twelve months divided by average merchandise inventory over the same period. (C) Defined as long-term debt divided by long-term debt plus total shareholders' equity (book value). (D) Defined as total shareholders' equity. (E) Defined as total shareholders' equity divided by weighted average diluted shares outstanding. (F) Defined as closing market value of the Company's common stock on the last day of the period divided by fully diluted earnings per share for the period's trailing twelve months. (G) Stores included in the comparable-store revenues calculation are those stores that have been open for a minimum of 60 weeks. Also included are stores that are remodeled or relocated during the comparable period. Sales via the Internet are included and closed stores are removed from each comparable period for the purpose of calculating comparable-store revenues.

    Hastings Entertainment, Inc.

    CONTACT: Dan Crow, Vice President and Chief Financial Officer of
    Hastings Entertainment, Inc., +1-806-677-1422

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

    page 1     page 2     page 3     page 4     page 5     page 6    

    News archive of November 2009
    1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  28  29  30 



    News Archives of May 2008
    1   2   3   4   5   6   7   8   9   10   11   12   13   14   15   16   17   18   19   20   21   22   23   24   25   26   27   28   29   30   31  

    News Archives other dates
        2009:   Jan     Feb     Mar     Apr     May     Jun     Jul     Aug     Sep     Oct     Nov     Dec    
        2008:   Jan     Feb     Mar     Apr     May     Jun     Jul     Aug     Sep     Oct     Nov     Dec    
        2007:   Jan     Feb     Mar     Apr     May     Jun     Jul     Aug     Sep     Oct     Nov     Dec    
        2006:   Jan     Feb     Mar     Apr     May     Jun     Jul     Aug     Sep     Oct     Nov     Dec