Companies news

SAN FRANCISCO, Calif., May 20 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. , one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced that it will host an Analyst and Investor Event in Munich, Germany from 7.30am to 10.30am CEST on Friday, June 13, 2008. The event, which is scheduled to coincide with the solar industry tradeshow Intersolar 2008, will be held at the Sofitel Munich Bayerpost Hotel.

The event will consist of a short presentation about Suntech's recent developments and a question and answer session with members of Suntech's senior management team including Chairman and Chief Executive Officer Dr. Zhengrong Shi, Chief Financial Officer Amy Yi Zhang, Chief Operations Officer Graham Artes, and Chief Strategy Officer Steven Chan.

Space for the event is limited. Analysts and investors interested in attending are encouraged to contact Suntech as soon as possible and no later than June 2, 2008 to RSVP.

Please contact: Cassie Fan Media Relations Specialist Suntech Power Holdings Co., Ltd. Tel: +86 510 8531 8665 Fax: +86 510 6534 3321 Email: xyfan@suntech-power.com

From June 12-14, Suntech will participate in Intersolar 2008, the world's largest solar technology trade fair which is expected to attract more than 40,000 visitors. Suntech will display its latest products available to the European market at the Suntech booth # B4.170 in Hall B4 at the New Trade Fair Centre, Munich, Germany.

About Suntech

Suntech Power Holdings Co., Ltd. is a world leading solar energy company as measured by both production output and capacity of solar cells and modules. Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. Suntech designs, develops, manufactures, and markets a variety of high quality, cost effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech offers one of the broadest ranges of building integrated photovoltaic (BIPV) products under the MSK Solar Design Line(TM). Suntech has sales offices worldwide and is a market share leader in key global solar markets. For more information, please visit http://www.suntech-power.com/ .

For more information, please contact: In China: Rory Macpherson Investor Relations Manager Suntech Power Holdings Co., Ltd. Tel: +86-510-8531-8922 Email: rory@suntech-power.com In the United States: Sanjay M. Hurry Vice President The Piacente Group, Inc. Tel: +1-212-481-2050 Email: suntech@tpg-ir.com

Suntech Power Holdings Co., Ltd.

CONTACT: Rory Macpherson, Investor Relations Manager of Suntech Power
Holdings Co., Ltd., +86-510-8531-8922, or rory@suntech-power.com, or in the
United States, Sanjay M. Hurry, Vice President of The Piacente Group, Inc.,
+1-212-481-2050, or suntech@tpg-ir.com

Web Site: http://www.suntech-power.com/

China Ritar Power to Present at the ROTH China Discovery Tour

SHENZHEN, China, May 20 /Xinhua-PRNewswire-FirstCall/ -- China Ritar Power Corp. (BULLETIN BOARD: CRTP) today announced that the company will attend the ROTH China Discovery Tour at the Hotel Ritz Carlton -- Sanya in China on Friday, May 23, 2008 and is scheduled to present at 12:00 p.m. local time.

For more information about the conference, please contact your ROTH Capital institutional sales representative.

About China Ritar Power

Based in Shenzhen, Ritar designs, develops, manufactures and markets environmentally friendly lead-acid batteries with a wide range of capacities and applications, including telecommunications, Uninterrupted Powers Source (UPS) devices, Light Electrical Vehicles (LEV), and alternative energy production (solar and wind power). Ritar sells, markets and services six series and 197 models of Ritar-branded, cadmium-free valve-regulated lead-acid or VRLA batteries. Products are sold worldwide with sales in 56 countries including China, India, and numerous markets in Europe and the Americas.

For more information, please contact: Company Contact: Ms. Katherine Peng China Ritar Power Corp. Tel: +86-755-3398-2338 Investor Relations Contacts: Dan Joseph ICR, Inc. Tel: +86-21-6122-1077 Bill Zima ICR, Inc. Tel: +1-203-682-8200

China Ritar Power Corp.

CONTACT: Company Contact: Ms. Katherine Peng, China Ritar Power Corp.,
+86-755-3398-2338; or Investor Relations Contacts: Dan Joseph, ICR, Inc., +86-
21-6122-1077; or Bill Zima, ICR, Inc., +1-203-682-8200

Harris Corporation's Jeremy Wensinger to Provide Industry Keynote Address at C4I Symposium"An Industry Perspective on Knowledge-Enhanced Information Sharing"

FAIRFAX, Va., May 20 /PRNewswire-FirstCall/ -- Jeremy Wensinger, group president of the Government Communications Systems segment of Harris Corporation , will provide tomorrow's industry keynote address at the Armed Forces Communications and Electronics Association (AFCEA) symposium being held May 20-21 at the George Mason University Johnson Center in Fairfax, Virginia. Theme of the AFCEA-George Mason symposium is "Critical Issues in C4I (Command, Control, Communications, Computers, and Intelligence)."

Titled "An Industry Perspective on Knowledge-Enhanced Information Sharing," Wensinger's presentation will address the challenges inherent in cross-agency collaboration and information sharing during an era of global digitization and data overload. A central theme of his comments will be the need for giving meaning to data by utilizing advanced technologies for developing context, and by creating data relationships that are relevant to the domain in which the information is used.

"Knowledge-enhanced information sharing is critical to eliminating the delays, confusion, and conflicts associated with effectively interpreting exponentially increasing volumes of data. It is the quickest and most effective path to improving time-critical decision-making and mission effectiveness," said Wensinger. "The time is right for industry, government, and academia to work together to exploit the benefits of global digitization and service-oriented architectures (SOAs) so that the right information is delivered to the right person, on the right device, at the right time."

Harris has extensive expertise in the development, implementation, and sustainment of enterprise-class, mission-critical information systems built on SOAs. The company's integrated, SOA-based solutions are used in defense and intelligence applications; by civil agencies such as the Federal Aviation Administration, the Government Printing Office, and the U.S. Census Bureau; and by large commercial broadcasting organizations around the world.

The AFCEA-George Mason University symposium is designed to bring together members of the C4I community to focus on critical issues and emerging challenges and opportunities, with a goal of improved interaction among government, industry, and academic entities. The conference will offer in- depth presentations on SOAs, geospatial information in C4I, and interoperability.

About Harris Corporation

Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of more than $5 billion and 16,000 employees -- including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(R) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/.

Harris Corporation

CONTACT: Sleighton Meyer, Harris Government Communications Systems,
+1-321-727-6514, sleighton.meyer@harris.com; Jim Burke, Harris Corporation,
+1-321-727-9131, jim.burke@harris.com; Marc Raimondi, Harris Corporation -
Washington, D.C., +1-703-739-1738, marc.raimondi@harris.com

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

Atmel's Fully Programmable, Ultra Low Power RF Transmitter IC Boosts Flexibility for Car Access and TPMS Applications

SHANGHAI, China, May 20 /PRNewswire/ -- China International Automotive Electronics Show -- Atmel(R) Corporation announced today the availability of the new fully integrated fractional-N PLL RF transmitter IC ATA5749 for car access and TPMS applications. The new device is one of the very few automotive RF transmitter ICs that is fully programmable, thus enabling flexible system design and adaptation. Moreover, it is one of only a few such devices with ultra low power consumption -- a significant factor for TPMS applications. For both RKE and TPMS applications, a single crystal type and a single board design (with only minor modifications) can be used for the standard 315 MHz and 433 MHz frequency ranges.

The IC's single-ended antenna output power can be adjusted in the range of -0.5 dBm to 12.5 dBm via an SPI bus interface. In each mode, the lowest possible current consumption for a given output power can be selected. For example, when used in a TPMS module, the active current consumption in transmission mode at an output power of 5.5 dBm is 7.3 mA (typical) and 8.8 mA (maximum). This is about 20% less than the values of currently available solutions on the market. Lower current consumption, of course, results in a longer battery lifetime, a critical factor for TPMS applications. Furthermore, in extreme weather conditions, the battery lifetime is superior to comparable products.

In the event of a change in system specifications, where the output power needs to be adjusted, the current consumption of the ATA5749 can be optimized accordingly. The active current consumption is scalable by output power programming via SPI in 1-dB steps. This enables designers to fine tune system performance, in particular, RF link budget versus battery lifetime.

In addition to output power adjustments, the SPI bus interface also enables the programming of other key parameters such as output frequency, FSK signal deviation, and CLK output frequency.

The ATA5749 operates at a maximum data rate of 40 kbit/s in FSK and ASK mode using Manchester coding, and at an RF frequency in the range of 300 to 450 MHz. The IC incorporates a robust crystal oscillator with fast start-up time of typically 200 us and a guaranteed parameter for negative resistance oscillation margin of 1,500 Ohm. This results in high reliability and helps avoid sleeping crystal issues. Only one 13.000000 MHz crystal type is needed for the standard frequency ranges 314.1 to 329.5 MHz and 424.5 to 439.9 MHz, resulting in nearly identical hardware board design for the regional RF modules, lower inventory costs, and reduced part number proliferation.

Availability and Pricing

Samples of the ATA5749 RF transmitter IC are available now in small-outline TSSOP10 packages. Pricing starts at US $1.25 for 10k-piece quantities. A demonstration board for development support is also available.

Footnote ASK = Amplitude Shift Keying CLK = Clock FSK = Frequency Shift Keying PLL = Phase Locked Loop RKE = Remote Keyless Entry SPI = Serial Parallel Interface TPMS = Tire Pressure Monitoring Systems About Atmel

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

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

Information

Product information on Atmel's new PLL RF transmitter IC ATA5749 may be retrieved at: http://www.atmel.com/dyn/products/product_card.asp?part_id=4328

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/

PEER 1 Wins Four Telly Awards for Creative Online Video StoriesHumorous videos depicting real-life IT issues and customer stories awarded for originality and creative-edge

VANCOUVER, British Columbia, May 20 /PRNewswire/ -- PEER 1 Network Enterprises, Inc. (TSX-V: PIX), a leading provider of online IT infrastructure, is the recipient of four Telly Awards for outstanding achievement with its original short online videos. The winning videos, episode one of "Growing Pains" and the PEER 1 PlentyofFish.com customer testimonial, were selected among thousands of entries for their humor and creativity.

"We're delighted to be recognized for our creative work," said Rajan Sodhi, vice president of marketing at PEER 1. "The videos reflect our imagination and strong commitment to understanding our customers, which is at the heart of who we are. We are focusing on the people behind the technology to highlight how online companies can achieve success."

"Growing Pains" episode one received a bronze award in the Video Comedy category. This is the first of the three-part humorous video short series telling the story of a home business start-up that quickly grows out of control. Additionally, PEER 1's PlentyofFish.com video customer story won three bronze awards in the Video categories of Infomercial, How- To/Instructional and Comedy. The story focuses on the PlentyofFish.com business, as the largest free online dating site, and illustrates how PEER 1 helped the business grow with the right infrastructure and hosting solutions.

The Telly Awards in its 29th year, receive more than 14,000 entries annually and is the premier award honoring outstanding local, regional, and cable TV commercials and programs, as well as the finest video and film productions. Silver and bronze medals are awarded based on creativity and outstanding achievement in a specific category.

For "Growing Pains" videos visit http://www.peer1.com/growingpains

For video customer testimonials visit http://www.peer1.com/aboutus/customer_stories.php

About PEER 1

PEER 1, a leading online IT infrastructure provider, believes in the limitless opportunity of the Internet and the business growth and continuity it provides for its more than 9,000 customers. PEER 1 delivers highly scalable managed hosting and co-location solutions to ensure customers' online presence is always fast, always available. Since 1999, PEER 1 has grown to include data centers and network points of presence in 17 major cities across North America and Europe. Serving a variety of companies, PEER 1 offers solutions that grow through every stage of web commerce, regardless of company size. The company's headquarters are in Vancouver, Canada and the stock is traded on the TSX Venture exchange under the symbol PIX. For more information visit: http://www.peer1.com/.

About the Telly Awards

Founded in 1978, the Telly Awards is the premier award honoring outstanding local, regional, and cable TV commercials and programs, as well as the finest video and film productions. The Telly Awards annually showcases the best work of the most respected advertising agencies, production companies, television stations, cable operators, and corporate video departments in the world. The Telly Awards is a widely known and highly respected national and international competition and receives over 14,000 entries annually from all 50 states and many foreign countries. For more information, visit: http://www.tellyawards.com/.

PEER 1 Network Enterprises, Inc.

CONTACT: Abigail Faylor of PEER 1 Network Enterprises, Inc.,
+1-425-452-5497, afaylor@webershandwick.com

Web site: http://www.peer1.com/
http://www.tellyawards.com/

Integral Systems, Inc. Successfully Completes RAIDRS Block 10 Factory Acceptance TestIntegral's RAIDRS Block 10 System to Provide Worldwide SATCOM Protection

LANHAM, Md., May 20 /PRNewswire-FirstCall/ -- Integral Systems, Inc. today announced it has successfully completed the Factory Acceptance Test (FAT) for the Rapid Attack Identification Detection Reporting System (RAIDRS) Block 10 (RB-10) Central Operating Location (COL) and first deployable system. FAT completion signifies the verification of all RB-10 IOC system requirements capable of being tested at the production facility and indicates the system is ready to transition into the Developmental Test and Evaluation (DT&E) phase, which is the final on-site test prior to delivery. Development on the next two deployable systems and the first two of six fixed systems has begun and is continuing concurrently with the DT&E efforts

In addition, on March 10, 2008 Integral was awarded a contract modification for $21M to provide for the purchase and integration of additional interference detection sensors and antennas for each of the three deployable systems. These additional sensors, and those anticipated as future modifications for the fixed sites, will provide even greater coverage for RB-10 system.

RB-10, managed by the Air Force Space and Missile Systems Center (SMC) through its Space Superiority Systems Wing, detects, identifies, locates, classifies and reports interference events against our military space assets. It includes automated detection sensors, information processors, and a reporting architecture. The base contract provided for the Initial Operational Capability (IOC) including a COL system and deployable systems. The FOC phase provides enhanced capabilities including the addition of worldwide fixed sites, enhanced geolocation accuracy, and additional lifecycle cost saving automation.

Integral Systems is the prime contractor for the RB-10 program. RB-10 utilizes COTS hardware and software components from Integral's RT Logic, SAT, and Newpoint subsidiaries to perform its primary functions. RT Logic is providing its Telemetrix(R) Sentinal products for signal processing, SAT is providing its Monics Satellite Carrier Monitoring/Interference Detection software, and Newpoint is providing its Compass Enterprise Management System.

David Bryant, Integral's Vice President of Eastern Programs stated, "The completion of FAT is a major milestone for the RAIDRS program. Through the combined work of the Integral Team and the Air Force, the Warfighter will soon have a fully operational and sustainable Defensive Counterspace system in the field." Cindi Brown, Integral's RAIDRS Program Manager stated, "This milestone is a significant stepping stone towards the final goal of the FOC system. I am very proud of the entire team and their hard work and dedication that made this milestone possible."

The results contained in this submission were generated in whole, or in part, through work supporting the Space Superiority Systems Wing.

About Integral Systems

Founded in 1982, Integral Systems is a leading provider of satellite ground systems and has supported more than 205 different satellite missions for communications, science, meteorological, and earth resource applications. Integral Systems was the first company to offer an integrated suite of Commercial-Off-the-Shelf (COTS) software products for satellite command and control: the EPOCH Integrated Product Suite (IPS) product line. EPOCH IPS has become the world market leader in commercial applications with successful installations on five continents.

Through its wholly-owned subsidiary, SAT Corporation, Integral Systems provides satellite and terrestrial communications signal monitoring systems to satellite operators and users throughout the world. Through its Newpoint Technologies, Inc., subsidiary, Integral Systems also provides software for equipment monitoring and control to satellite operators, broadcasters, and telecommunications firms. Integral Systems' RT Logic subsidiary builds telemetry processing systems for military applications, including tracking stations, control centers, and range operations. Integral Systems' Lumistar, Inc., subsidiary provides system- and board-level telemetry acquisition products. Integral Systems has approximately 500 employees working at its headquarters in Lanham.

Integral Systems, Inc.

CONTACT: David Bryant, Vice President, Eastern Programs,
+1-301-731-4233, Ext. 4239, Fax +1-301-429-5418; or Media Contact, Shany
Seawright, Strategic Communications Group, +1-240-485-1081,
sseawright@gotostrategic.com

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

SAIC Awarded $20 Million Contract to Support Space and Naval Warfare Systems CommandCompany to Provide Network Infrastructure Support for Legacy Systems

SAN DIEGO and MCLEAN, Va., May 20 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced it won a contract from the Space and Naval Warfare Systems Center, San Diego, Program Executive Office for command and control, communications, computers and intelligence (PEO C4I) to provide specialized network infrastructure support for legacy systems. This single-award, indefinite-delivery/indefinite quantity contract has a two year base period of performance and a contract ceiling of more than $20 million. Work will be performed primarily in San Diego.

Under the contract, SAIC will support force-wide tactical information and combat support systems by providing technical support, design, analysis, testing, evaluation and system implementation services. SAIC will also provide integration support for the Department of Defense (DoD) Architecture Framework and related programs, and prepare a disaster recovery plan including recovery of critical network service.

"We look forward to continuing to provide quality services in support of PEO C4I's important mission -- providing integrated communication and information technology systems, delivering end-to-end connectivity and enabling decision superiority to ensure mission success of our Naval forces," said Tom Baybrook, SAIC senior vice president and business unit 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 Laura Luke (703) 676-6762 (703) 676-6533 Melissa.l.koskovich@saic.com laura.luke@saic.com

SAIC

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

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

Jacobs President & CEO Craig Martin and CFO John Prosser to Speak at FBR 2008 Conference

PASADENA, Calif., May 20 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. invites investors and other interested parties to listen to a live webcast of its presentation to the FBR Capital Markets 12th Annual Spring Investor Conference in New York City. Interested parties can listen to Jacobs President & CEO Craig Martin and Chief Financial Officer John Prosser on Wednesday, May 28, 2008 at 9:00 a.m. ET by going to http://www.jacobs.com/.

An archived version of the conference will be available for a period of seven days.

Jacobs invites those interested in learning more about the company to visit their comprehensive website at http://www.jacobs.com/.

Jacobs, with over 55,000 employees and revenues exceeding $9 billion, provides technical, professional, and construction services globally.

Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2007 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051021/LAJACOBSEGLOGO) For additional information contact: John W. Prosser, Jr. CFO, Executive Vice President, Finance and Administration 626-578-6803

Photo: http://www.newscom.com/cgi-bin/prnh/20051021/LAJACOBSEGLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Jacobs Engineering Group Inc.

CONTACT: John W. Prosser, Jr., CFO, Executive Vice President, Finance
and Administration of Jacobs Engineering Group Inc., +1-626-578-6803

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

Jacobs Receives Architect-Engineering Services Contract from AFCEE

PASADENA, Calif., May 20 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. announced today that it received a 4PAE08 contract from the Air Force Center for Engineering and the Environment (AFCEE), Brooks City-Base, Texas.

Officials did not disclose the value of this contract which has a 5-year ordering period.

The 4PAE08 contract enables Jacobs to provide the Air Force with professional architect-engineer services to perform Title I, Title II, and other architect-engineer services to administer, coordinate, and technically support environmental, military construction, military family housing, and facility sustainment, restoration, and modernization programs of interest to the government worldwide.

In making the announcement, Jacobs President Craig Martin stated, "We are pleased to be awarded the 4PAE08 contract -- our third consecutive worldwide contract with AFCEE for environmental and traditional engineering services. We look forward to continuing our 17-year relationship with AFCEE, and are honored to have the opportunity to support the men and women of our military."

Jacobs, with over 55,000 employees and revenues exceeding $9 billion, provides technical, professional, and construction services globally.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051021/LAJACOBSEGLOGO) For additional information contact: Mary Bloom 626.578.6992

Photo: http://www.newscom.com/cgi-bin/prnh/20051021/LAJACOBSEGLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Jacobs Engineering Group Inc.

CONTACT: Mary Bloom of Jacobs Engineering Group Inc., +1-626-578-6992

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

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

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

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

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

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

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

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

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

Zevotek Announces Launch of New Corporate Website

NEW YORK, May 20 /PRNewswire-FirstCall/ -- Zevotek, Inc., a wholly owned subsidiary of Diet Coffee, Inc. (OTC Bulletin Board: DCFF; Frankfurt: T5V.F), is pleased to announce the launch of a new corporate website: (http://www.zevo-tek.com/)

The website's flexible and modular design allows it to grow with the business, while its user-friendly functionality provides an easily navigable and overall improved user experience. By accessing the new website, interested parties can now obtain critical information regarding the benefits of the company's landmark IONIC BULB product as well as an in-depth overview of its history and recent corporate developments.

"Our new and improved website exhibits our commitment to facilitating enhanced customer, partner, and investor communications. Through continued investment in web-based tools we enable fast and efficient access to company information which is vital to future expansion. In addition, we hope to soon add e-commerce capabilities to the site which will allow the company to sell product direct to customers online and further diversify revenue streams," said CEO Adam Engel.

About Diet Coffee, Inc.

Diet Coffee, Inc., through its wholly owned subsidiary, Zevotek, Inc. plans to market and sell independently a range of distinct and independent lines of home care and household products. In May 2007, the company entered into a license agreement to sell an energy saving compact fluorescent light bulb named the Ionic Bulb. The company plans to market the Ionic Bulb through TV infomercials, catalogs, magazines and major U.S. retail and specialty stores.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the Diet Coffee, Inc.'s business, financial condition and results of operations, as well as matters of timing and the prospective terms of the transaction described are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond Diet Coffee, Inc.'s control with respect to market acceptance of their products, whether financing will be available, the plans for Zevotek, Inc. to market and sell home care and other household products as well as certain other risk factors which are and may be detailed from time to time in Diet Coffee, Inc.'s filings with the Securities and Exchange Commission.

This press release contains forward-looking statements. The words or phrases 'may,' 'intends,' 'expects,' 'estimate,' 'indicate,' 'plans,' 'anticipates,' 'could,' 'if,' 'will,' 'should' or similar expressions are intended to identify 'forward-looking statements.' Actual results could differ materially from those projected in forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Diet Coffee, Inc. cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Diet Coffee, Inc. does not undertake, and Diet Coffee, Inc. specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

Further information on Diet Coffee, Inc. is available at http://www.outcasttrader.com/

Zevotek, Inc.

CONTACT: Adam Engel of Diet Coffee, Inc., +1-201-394-8684

Web site: http://www.zevo-tek.com/

Metalink Reports Q1 2008 ResultsRecently Received Volume Production Purchase Order for Top-Tier Global OEM of Wireless Routers

YAKUM, Israel, May 20 /PRNewswire-FirstCall/ -- Metalink Ltd. , a global provider and developer of high- performance wireless and wireline broadband communication silicon solutions, today announced results for the first quarter ended March 31, 2008.

In parallel, the Company today announced that it has recently received a purchase order from an ODM in Taiwan that will start shipping next month. This ODM will be shipping Metalink-enabled products to a top-tier global OEM of Wi-Fi routers in the U.S.

Financial Results

Revenues for the first quarter of 2008 were $0.7 million, which consisted entirely of legacy DSL sales. This compared to sales of $2.3 million for the first quarter of 2007. Net loss for the period was $(9.8) million, or $(0.42) per share, compared to $(4.9) million, or $(0.25) per share for the first quarter of 2007. Net loss for the first quarter of 2008 includes stock-based compensation expenses of $0.5 million.

Metalink's cash, cash equivalents, short and long-term investments as of March 31, 2008 were $19.1 million compared to $26.7 million as of December 31, 2007.

Comments of Management

Metalink's CEO, Tzvika Shukhman, commented, "We are very excited by the order we have recently received for a top-tier global OEM of wireless routers. This order is of particular importance as it validates the superiority of our 802.11n-compliant product vs. the competition, and is a solid indication of our readiness to ship volume quantities. We are optimistic that our additional design-ins at this top-tier OEM, as well as at other leading OEMs, will soon materialize into revenues. "

Metalink's first quarter 2008 conference call will be broadcast "live" in listen-only mode via its website on Tuesday, May 20, at 9:00 AM EDT.

About Metalink

Metalink Ltd. is a leading provider of high performance wireless and wireline broadband communication silicon solutions. Metalink's WLAN and DSL technologies are designed to enable true broadband connectivity in every home, and its products revolutionize the broadband experience by facilitating the convergence of telecommunication, networking and entertainment.

Metalink's WLANPlus(TM) is a high-throughput, 802.11n-draft-compliant wireless LAN technology optimized for the networked home entertainment environment. Featuring advanced MIMO technology and full support of QoS, and operating in both 2.4GHz and 5GHz bands, WLANPlus enables multi-room networking of multiple high-definition video streams. In addition, Metalink offers a broad range of symmetric DSL and VDSL products used by operators as a cost-effective network upgrade to support triple-play services.

Headquartered in Yakum, Israel, the company has design centers in USA (Atlanta, GA) and Taiwan, and sales offices in USA (Atlanta, GA), South Korea, Japan, China and Taiwan. Further information is available at http://www.mtlk.com/

This press release contains "forward looking" information within the meaning of the United States securities laws that involve risks and uncertainties that could cause actual results to differ materially from those in the forward looking statements. Additional factors that could cause actual results to differ materially from these forward-looking statements are set forth from time to time in Metalink's filings with the Securities and Exchange Commission, including Metalink's Annual Report in Form F-20. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to republish or revise forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrences of unanticipated events. The Company cannot guarantee future results, events, and levels of activity, performance, or achievements.

METALINK LTD. CONSOLIDATED BALANCE SHEETS March 31, December 31, ---------------- -------------- 2008 2007 ---------------- -------------- (Unaudited) ---------------- (in thousands except share data) --------------------------------- ASSETS Current assets Cash and cash equivalents $ 3,967 $ 7,291 Short-term investments 14,357 17,233 Trade accounts receivable 263 677 Other receivables 1,209 2,284 Prepaid expenses 518 456 Inventories 2,250 1,765 ---------------- -------------- Total current assets 22,564 29,706 ---------------- -------------- Long-term investments 766 2,200 ---------------- -------------- Severance pay fund 2,758 2,534 ---------------- -------------- Property and equipment, net 4,542 4,182 ---------------- -------------- Total assets $ 30,630 $ 38,622 ---------------- -------------- LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Trade accounts payable $ 2,522 $ 1,564 Other payables and accrued expenses 5,094 4,979 ---------------- -------------- Total current liabilities 7,616 6,543 ---------------- -------------- Accrued severance pay 4,032 3,748 ---------------- -------------- Shareholders' equity Ordinary shares of NIS 0.1 par value (Authorized - 50,000,000 shares, issued and outstanding - 24,388,232 and 24,377,232 shares as of March 31, 2008 and December 31, 2007, respectively) 701 701 Additional paid-in capital 155,176 154,703 Accumulated other comprehensive loss 11 48 Accumulated deficit (127,021) (117,236) ---------------- -------------- 28,867 38,216 ---------------- -------------- Treasury stock, at cost; 898,500 as of March 31, 2008 and December 31, 2007 (9,885) (9,885) ---------------- -------------- Total shareholders' equity 18,982 28,331 ---------------- -------------- Total liabilities and shareholders' equity $ 30,630 $ 38,622 ---------------- -------------- METALINK LTD. CONSOLIDATED STATEMENTS OF OPERATIONS Three months ended March 31, ----------------------------------- 2008 2007 --------------- ------------------ (Unaudited) (Unaudited) --------------- ------------------ (in thousands, except share and per share data) ----------------------------------- Revenues $ 660 $ 2,346 ---------------- -------------- Cost of revenues: Costs and expenses 504 1,094 Royalties to the Government of Israel 23 72 ---------------- -------------- Total cost of revenues 527 1,166 ---------------- -------------- Gross profit 133 1,180 Operating expenses: Gross research and development 8,492 5,180 Less - Royalty bearing and other grants 798 584 ---------------- -------------- Research and development, net 7,694 4,596 ---------------- -------------- Selling and marketing 1,757 1,316 General and administrative 708 531 ---------------- -------------- Total operating expenses 10,159 6,443 ---------------- -------------- Operating loss (10,026) (5,263) Financial income, net 241 314 ---------------- -------------- Net loss $ (9,785) $ (4,949) ---------------- -------------- Loss per ordinary share: Basic $ (0.42) $ (0.25) ---------------- -------------- Diluted $ (0.42) $ (0.25) ---------------- -------------- Shares used in computing loss per ordinary share: Basic 23,486,726 19,810,888 ---------------- -------------- Diluted 23,486,726 19,810,888 ---------------- -------------- Contact: Yuval Ruhama Mor Abraham CFO Marketing Communications Manager Metalink Ltd. Metalink Ltd. Tel: +972-9-9605395 Tel: +972-9-9605406 Fax: +972-9-9605544 Fax: +972-9-9605544 yuvalr@MTLK.com amor@MTLK.com

Metalink Ltd

CONTACT: Contact: Yuval Ruhama, CFO, Metalink Ltd., Tel:
+972-9-9605395, Fax: +972-9-9605544, yuvalr@MTLK.com; Mor Abraham, Marketing
Communications Manager, Metalink Ltd., Tel: +972-9-9605406, Fax:
+972-9-9605544, amor@MTLK.com

Dr. Richard Nottenburg to Join Sonus Networks as President and CEOIndustry Veteran to Drive Next-Generation Communications Leader into its Next Decade

WESTFORD, Mass., May 20 /PRNewswire-FirstCall/ -- Sonus Networks, Inc. , a market leader in IP communications infrastructure solutions, today announced that it has appointed Richard N. Nottenburg, PhD as the Company's next President and Chief Executive Officer, succeeding Hassan Ahmed. Nottenburg, former executive vice president chief strategy and technology officer of Motorola, Inc. , will join the Company in mid-June, reporting to the Board of Directors.

"Rich is someone I have known for several years and I am very pleased to welcome him to Sonus. The Board and I considered many extraordinary candidates from some of the world's most respected companies as part of our succession planning. Rich is a truly unique leader with strong relationships with many of the world's top operators. He worked closely with senior executives from operators across the globe during his tenure at Motorola," said Hassan Ahmed, chairman, president and CEO, Sonus Networks. "Rich's strong focus on customers along with his strategic sense and business acumen make him the right leader to profitability grow Sonus into the next decade. I look forward to working with Rich in this next phase of our partnership to advance Sonus' position in the industry."

As executive vice president and chief strategy and technology officer for Motorola, Inc., Nottenburg was responsible for shaping Motorola's overall corporate strategy and technology agenda. During his tenure at Motorola, Nottenburg oversaw acquisitions, divestitures, venture investments, business intelligence and played a major role in new initiatives centered on broadband and Fourth-Generation (4G) wireless, fiber-to-the home and next generation video.

Prior to joining Motorola in 2004, Nottenburg was vice president and general manager of Vitesse Semiconductor Corporation after its merger in 2003 with Multilink Technology Corporation, a publicly traded provider of advanced mixed-signal and VLSI solutions for optical networks. Nottenburg was the co- founder and chief executive officer of Multilink. Nottenburg was also influential at industry leader AT&T Bell Laboratories and is listed as a Lucent pioneer of the 1980s.

Nottenburg earned three degrees in electrical engineering -- a doctorate from the Ecole Polytechnique Federale de Lausanne in Lausanne, Switzerland, a master's degree from Colorado State University and a bachelor's degree from Polytechnic Institute of New York. He serves on the Board of Directors of Comverse Technology (Pink Sheets: CMVT.PK) and on the Institutional Advisory Board of Carmel Ventures, one of Israel's top-tier venture capital funds.

"Joining Sonus Networks is an honor and once-in-a-lifetime opportunity to lead a company that is changing the way people communicate around the globe. The potential for Sonus is clear and I am excited to lead this remarkable company into its next phase of growth," said Nottenburg. "Hassan is an extraordinary mind who led the beginning of a profound change in the communications paradigm. We are the beneficiaries of his incredible breadth of industry knowledge and deep commitment to nurturing Sonus' growth. I value Hassan's guidance and experience and know that we will continue to build on the strong foundation he and the Sonus team have established."

Over the last decade, Hassan Ahmed has grown the Company to annual revenues of more than $300 million. Sonus is now widely regarded by industry analysts as the world's leader in carrier-grade IP voice communications and counts each of the world's five largest operators as Sonus customers. Under his leadership, revenues have grown at a compound average rate of over 36% in the last five years. Ahmed will continue to serve as Chairman of the Board of Directors of Sonus Networks and additionally serves on the Board of Directors of Airvana, Inc. . He is also on the Board of Overseers of the Boston Museum of Science and the advisory committee of the Lahore University of Management Sciences as part of his dedication to education around the world.

"The last ten years at Sonus have been an exciting and remarkable period. We embarked on a mission to change communications networks globally and I am confident that at this point in Sonus' life there is no question that will happen. Forging a path to achieve that potential has been a rewarding experience for me, both personally and professionally. Rich's leadership and vision for Sonus ensures Sonus will continue on that path and I am pleased to be a part of its next decade," concluded Ahmed.

About Sonus Networks

Sonus Networks, Inc. is a market leader in IP communications infrastructure solutions for wireline and wireless service providers. With its comprehensive IP Multimedia Subsystem (IMS) solution, Sonus addresses the full range of carrier applications, including residential and business voice services, wireless voice and multimedia, trunking and tandem switching, carrier interconnection and enhanced services. Sonus' voice infrastructure solutions are deployed in service provider networks worldwide. Founded in 1997, Sonus is headquartered in Westford, Massachusetts. Additional information on Sonus is available at http://www.sonusnet.com/.

This release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to Item 1A "Risk Factors" of Sonus' Quarterly Report on Form 10-Q for the period ended March 31, 2008, filed with the SEC, which identifies important risk factors that could cause actual results to differ from those contained in the forward- looking statements. Risk factors include among others: the impact of material weaknesses in our disclosure controls and procedures and our internal control over financial reporting on our ability to report our financial results timely and accurately; the unpredictability of our quarterly financial results; risks and uncertainties associated with the Company's restatement of its historical stock option granting practices and accounting including regulatory actions or litigation; risks associated with our international expansion and growth; consolidation in the telecommunications industry; and potential costs resulting from pending securities and patent litigation against the Company. Any forward-looking statements represent Sonus' views only as of today and should not be relied upon as representing Sonus' views as of any subsequent date. While Sonus may elect to update forward-looking statements at some point, Sonus specifically disclaims any obligation to do so, unless required by law.

Sonus is a registered trademark of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

For more information, please contact: Sonus Investor Relations: Sonus Media Relations: Jocelyn Philbrook Lucy Millington 978-614-8672 978-614-8240 jphilbrook@sonusnet.com lmillington@sonusnet.com

Sonus Networks, Inc.

CONTACT: Investors, Jocelyn Philbrook, +1-978-614-8672,
jphilbrook@sonusnet.com, or Media, Lucy Millington, +1-978-614-8240,
lmillington@sonusnet.com, both of Sonus Networks, Inc.

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

CSI Announces Cash Dividend

PADUCAH, Ky., May 20 /PRNewswire-FirstCall/ -- Computer Services, Inc. (CSI) (Pink Sheets: CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.16 per share, representing an indicated annual dividend rate of $0.64 per share. The cash dividend is payable on June 25, 2008, to shareholders of record as of the close of business on June 2, 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080418/CSILOGO )

"Our Board of Directors remains focused on building long-term shareholder value through our cash dividend program," stated Steven A. Powless, President and CEO of CSI. "We have increased CSI's cash dividend in each of the last 20 years and this payment represents a 23% increase from the cash dividend paid in May of 2007."

About Computer Services, Inc.

Computer Services, Inc. (CSI) delivers core banking, payments processing, Internet, card services, risk assessment, fraud prevention, network management, and regulatory compliance solutions to over 4,600 financial institutions and corporate entities. Technology planning, local account managers and world-class customer service explain why CSI has been known as the nation's premier provider of banking solutions for over 40 years. CSI's stock is traded on the OTCQX under the symbol CSVI. For more information about CSI, visit http://www.csiweb.com/ .

This news release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. All statements except historical statements contained herein constitute "forward- looking statements." Forward-looking statements are inherently uncertain and are based only on current expectations and assumptions that are subject to future developments that may cause results to differ materially. Readers should carefully consider: (i) economic, competitive, technological and governmental factors affecting the CSI's operations, customers, markets, services, products and prices; and (ii) other factors discussed in CSI's Information and Disclosure Statements and other documents posted from time to time on the OTCQX website, including without limitation, the description of the nature of CSI's business and its management discussion and analysis of financial condition and results of operations for reported periods. CSI undertakes no obligation to update, and is not responsible for updating, the information contained in this release beyond the publication date, whether as a result of new information or future events, or to conform the statement to actual results or changes in CSI's expectations, or otherwise or for changes made to this document by wire services or Internet services.

Photo: http://www.newscom.com/cgi-bin/prnh/20080418/CSILOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Computer Services, Inc.

CONTACT: David L. Simon, Treasurer & CFO of Computer Services, Inc.,
+1-800-545-4274, ext. 10126, dsimon@csiweb.com

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

ANSYS Fluid Flow Modeling Software Improves Vehicle Design at Honda

SOUTHPOINTE, Pa., May 20 /PRNewswire-FirstCall/ -- ANSYS, Inc. , a global innovator of simulation software and technologies designed to optimize product development processes, today announced that its computational fluid dynamics software FLUENT(R) for CATIA(R) V5 was chosen by Honda R&D Co., Ltd. for fluid flow analysis and has contributed significantly to improving design process efficiency. Honda R&D (located in Haga-gun, Tochigi Prefecture; Asaka-shi and Wako-shi, Saitama Prefecture) is a research and development subsidiary of Honda, one of the world's leading automotive manufacturers.

Honda's state-of-the-art technology enjoys a high reputation all over the world. At Honda R&D, computer-aided engineering (CAE) has long been considered an important foundation in support of the company's highly advanced technology. To enhance efficiency in design and manufacturing, the company introduced computational fluid dynamics (CFD) into the design cycle as well as in research and development. Honda R&D chose FLUENT for CATIA V5 software, which works within the company's existing major design framework, CATIA V5.

"CATIA V5 already has structural analysis features, which now are used efficiently by designers. Equipped with the highly reliable FLUENT solver as its core, FLUENT for CATIA V5 technology has made CFD analysis as easy as structural analysis. This has resulted in increased significance of CAE tools in our development work," commented Kouhei Oosono, chief engineer at Automobile R&D Center of Honda R&D Co., Ltd.

FLUENT software, a CFD product from ANSYS, Inc., already is used by a large number of research and development engineers in the automotive industry. The development of FLUENT for CATIA V5 technology was motivated by the need to bring the superior fluid analysis capability of FLUENT software into the CATIA V5 environment. ANSYS engineers developed the product in concert with Honda to best respond to the automotive company's demanding requirements. Based on Honda's decision to choose both FLUENT and FLUENT for CATIA V5 technologies for flow simulation, engineers at Honda have been able to optimize their product development processes.

The decision to bring together technology from ANSYS used in conjunction with the CATIA V5 environment is consistent with the ANSYS philosophy of being an open CAE supplier via an adaptive architecture. "The success of this product stems from our ability to be able to work closely with our customers and satisfy their needs," said Joe Fairbanks, vice president, worldwide sales and support at ANSYS, Inc. "The enormous cooperation provided by Honda during the development period is greatly appreciated."

About Honda R&D

Honda R&D Co., Ltd. is the research and development subsidiary solely owned by Honda . The superb performance and quality of Honda products created by Honda R&D ensure Honda to be one of today's leading manufacturers of automobiles and power products and the largest manufacturer of motorcycles in the world. Honda produces a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles, that bring the company into contact with over 23 million customers annually.

About ANSYS, Inc.

ANSYS, Inc., founded in 1970, develops and globally markets engineering simulation software and technologies widely used by engineers and designers across a broad spectrum of industries. The Company focuses on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for fast, efficient and cost- conscious product development, from design concept to final-stage testing and validation. The Company and its global network of channel partners provide sales, support and training for customers. Headquartered in Canonsburg, Pennsylvania, U.S.A., with more than 40 strategic sales locations throughout the world, ANSYS, Inc. and its subsidiaries employ approximately 1,400 people and distribute ANSYS products through a network of channel partners in over 40 countries. Visit http://www.ansys.com/ for more information.

ANSYS, ANSYS Workbench, AUTODYN, CFX, FLUENT and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.

ANSYS, Inc.

CONTACT: Media, Kelly Wall, +1-724-514-3076, kelly.wall@ansys.com, or
Investors, Annette Arribas, +1-724-514-1782, annette.arribas@ansys.com, both
of ANSYS, Inc.

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

Mobile TeleSystems Announces Financial Results for the First Quarter Ended March 31, 2008

MOSCOW, May 20 /PRNewswire-FirstCall/ -- Mobile TeleSystems OJSC ("MTS" - NYSE: MBT), today announced its unaudited consolidated US GAAP financial results for the three months ended March 31, 2008.

Key Financial Highlights of Q1 2008 - Consolidated revenues up 37% y-o-y to $2,379 million - Consolidated OIBDA(1) up 30% to $1,176 million y-o-y with 49.4% OIBDA margin - Consolidated net income up 36% y-o-y to $610 million - Free cash-flow(2) generation of $632 million Key Corporate and Industry Highlights - Appointment of Mr. Andrei Dubovskov as the new head of MTS Ukraine - MTS first Russian company named as BRANDZ(TM) Top 100 Most Powerful Brands by Millwood Brown and Financial Times - Consolidation of remaining stake in the Omsk subsidiary - Redemption of the $400 million Eurobond issued in 2003 - Announcement of recommended dividend payment for FY 2007 of $1.2 billion or $3.12 per ADR(3)

Leonid Melamed, President and Chief Executive Officer, highlighted, "We are pleased to deliver on our promise of profitable growth throughout the Group's operations. In Russia, we are witnessing clear momentum as we continue to add subscribers and realize the benefits of increasing voice and data usage. In Ukraine, we see positive trends in usage growth and service adoption, while in our remaining CIS markets, we are building out our networks to bring mobile service deeper into the local populations. In all, we are confident that we can sustain this momentum to continue executing on our corporate strategy."

Financial Summary (unaudited) US$ million Q1'08 Q1'07 y-o-y Q4'07 q-o-q Revenues 2,379 1,741 +37% 2,326 +2% OIBDA 1,176 903 +30% 1,127 +4% - margin 49.4% 51.9% -2.5pp 48.4% +1.0pp Net operating 705 597 +18% 644 +9% income - margin 29.6% 34.3% -4.7pp 27.7% +1.9pp Net income 610 449 +36% 460 +33% Group Operating Review Market Growth Mobile penetration(4) in markets of operation was: - Down from 119% to 116% in Russia; - Down from 120% to 119% in Ukraine; - Up from 22% to 25% in Uzbekistan; - Up from 7% to 10% in Turkmenistan; - Up from 58% to 60% in Armenia; - Up from 73% to 75% in Belarus. Subscriber Development

The Company added approximately 3.0 million new customers during the first quarter of 2008 on a consolidated basis that were all added organically. During the quarter MTS:

- Added 2.5 million subscribers in Russia; - Churned 0.4 million in Ukraine; - Added 0.8 million subscribers in Uzbekistan; - Added 110 thousand subscribers in Turkmenistan; - Added 34 thousand subscribers in Armenia.

Our Belarus operations added approximately 140 thousand subscribers during the quarter.

Since the end of the first quarter to April 30, 2008, MTS has organically added a further 0.74 million users, expanding its consolidated subscriber base to 85.68 million.

Key Subscriber Statistics (mln) Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 Total consolidated 74.16 74.67 77.97 81.97 84.94 subscribers, eop Russia 51.50 52.68 54.42 57.43 59.90 Ukraine 20.75 19.81 19.91 20.00 19.61 Uzbekistan(5) 1.70 1.95 2.29 2.80 3.56 Turkmenistan 0.20 0.24 0.29 0.36 0.47 Armenia - - 1.07 1.38 1.42 MTS Belarus(6) 3.37 3.48 3.66 3.80 3.94 Market Share

MTS was able to maintain its leading position in the majority of its markets of operation during the first quarter:

- Increased from 33% to 36% in Russia; - Decreased from 36% to 35% in Ukraine; - Increased from 50% to 52% in Uzbekistan; - Decreased from 88% to 85% in Turkmenistan; - Decreased from 74% to 73% in Armenia. In Belarus, the market share increased to 54% from 53%. Customer Segmentation

Subscriptions to MTS' pre-paid tariff plans accounted for 86% of gross additions in Russia and 94% in Ukraine in the first quarter. At the end of the quarter, 88% of MTS' customers in Russia were signed up to pre-paid tariff plans. In Ukraine, the share of customers signed to pre-paid tariff plans remained at 92%.

Russia Highlights US$ mln Q1'08 Q1'07 y-o-y Q4'07 q-o-q Revenues 1,798 1,309 +37% 1,723 +4% OIBDA 877 682 +29% 822(7) +7% - margin 48.8% 52.1% -3.3pp 47.7% +1.1pp Net income 494 362 +36% 344 +44% CAPEX 205 110 +86% 490 -58% - as % of 11.4% 8.4% +3.0pp 28.4% -17.0pp rev Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 ARPU (US$) 8.2 9.2 10.0 10.0 10.0 MOU (min) 134 151 167 187 193 Churn rate 6.1 5.2 7.1 5.1 4.8 (%) SAC (US$) 26.2 28.9 24.3 26.6 29.5 Ukraine Highlights US$ mln Q1'08 Q1'07 y-o-y Q4'07 q-o-q Revenues 409 351 +17% 425 -4% OIBDA 190 168 +13% 195 -3% - margin 46.5% 48.0% -1.5pp 45.8% +0.7pp Net income 87 64 +36% 75 +16% CAPEX 109 110 -1% 169 -36% - as % of 26.6% 31.2% -4.6pp 39.7% -13.1pp rev Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 ARPU (US$) 5.7 6.4 7.3 7.1 6.8 MOU (min) 135 152 162 163 175 Churn rate 7.8 14.1 12.5 14.4 10.3 (%) SAC (US$) 11.2 13.7 10.9 12.7 13.8 Uzbekistan Highlights US$ mln Q1'08 Q1'07 y-o-y Q4'07 q-o-q Revenues 79 49 +61% 77 +3% OIBDA 49 31 +58% 49 stable - margin 61.8% 63.7% -1.9pp 63.6% -1.8pp Net income 32 17 +88% 31 +3% CAPEX 11 3 +267% 13 -15% - as % of 14.2% 5.5% +8.7pp 16.4% -2.2pp rev Q1'07 Q2'07 Q3'07 Q4'07 Q1'08(8) ARPU (US$) 10.3 10.4 10.3 10.0 8.3 MOU (min) 463 549 565 574 520 Churn rate 16.8 17.9 14.3 13.5 2.8 (%) SAC (US$) 4.1 3.7 4.4 4.8 7.0 Turkmenistan Highlights(9) US$ mln Q1'08 Q1'07 y-o-y Q4'07 q-o-q Revenues 44 35 +26% 47 -6% OIBDA 27 22 +23% 29 -7% - margin 61.6% 61.2% +0.4pp 61.4% +0.2pp Net income 13 6 +117% 3 +333% CAPEX 15 1 +1400% 27 -44% - as % of 35.3% 4.0% +31.3pp 58.3% -23.0pp rev Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 ARPU (US$) 61.4 63.4 57.4 48.1 35.4 MOU (min) 227 264 299 282 273 Churn rate 6.1 6.3 8.6 5.5 5.0 (%) SAC (US$) 47.7 26.9 20.8 19.7 14.8 Armenia Highlights US$ mln Q1'08 Q4'07 q-o-q Revenues 55 58 -5% OIBDA 32 33 -3% - margin 57.9% 56.2% +1.7pp Net income (16) 7 - /(loss) CAPEX 2 14 -86% - as % of rev 3.7% 24.0% -20.3pp Q3'07 Q4'07 Q1'08 ARPU (US$) 15.7 15.8 12.8 SAC (US$) 12.9 15.2 26.7 Group Financial Position

MTS' expenditure on property, plant and equipment in the first quarter totaled approximately $282 million, of which $151 million was invested in Russia, $103 million in Ukraine, $11 million in Uzbekistan, $15 million in Turkmenistan and $2 million in Armenia.

MTS spent approximately $61 million on the purchase of intangible assets during the quarter of which $54 million was spent in Russia, $6 million in Ukraine and $1 million in Armenia.

As of March 31, 2008, MTS' total debt(10) was at $3.1 billion, resulting in a ratio of total debt to LTM OIBDA(11) of 0.7 times. Net debt amounted to $2.5 billion at the end of the quarter and the net debt to LTM OIBDA of 0.6 times.

Mobile TeleSystems OJSC ("MTS") is the largest mobile phone operator in Russia and the CIS. Together with its subsidiaries, the Company services over 85.68 million subscribers. The regions of Russia, as well as Armenia, Belarus, Turkmenistan, Ukraine, and Uzbekistan, in which MTS and its associates and subsidiaries are licensed to provide GSM services, have a total population of more than 230 million. Since June 2000, MTS' Level 3 ADRs have been listed on the New York Stock Exchange (ticker symbol MBT). Additional information about MTS can be found on MTS' website at http://www1.mtsgsm.com/.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of MTS, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," and the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. We refer you to the documents MTS files from time to time with the U.S. Securities and Exchange Commission, specifically the Company's most recent Form 20-F. These documents contain and identify important factors, including those contained in the section captioned "Risk Factors" that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, potential fluctuations in quarterly results, our competitive environment, dependence on new service development and tariff structures, rapid technological and market change, acquisition strategy, risks associated with telecommunications infrastructure, risks associated with operating in Russia and the CIS, volatility of stock price, financial risk management and future growth subject to risks.

Attachments to the First Quarter 2008 Earnings Press Release Attachment A

Non-GAAP financial measures. This press release includes financial information prepared in accordance with accounting principles generally accepted in the United States of America, or US GAAP, as well as other financial measures referred to as non-GAAP. The non-GAAP financial measures should be considered in addition to, but not as a substitute for, the information prepared in accordance with US GAAP.

Operating Income Before Depreciation and Amortization (OIBDA) and OIBDA margin. OIBDA represents operating income before depreciation and amortization. OIBDA margin is defined as OIBDA as a percentage of our net revenues. Our OIBDA may not be similar to OIBDA measures of other companies; is not a measurement under accounting principles generally accepted in the United States and should be considered in addition to, but not as a substitute for, the information contained in our consolidated statement of operations. We believe that OIBDA provides useful information to investors because it is an indicator of the strength and performance of our ongoing business operations, including our ability to fund discretionary spending such as capital expenditures, acquisitions of mobile operators and other investments and our ability to incur and service debt. While depreciation and amortization are considered operating costs under generally accepted accounting principles, these expenses primarily represent the non-cash current period allocation of costs associated with long-lived assets acquired or constructed in prior periods. Our OIBDA calculation is commonly used as one of the bases for investors, analysts and credit rating agencies to evaluate and compare the periodic and future operating performance and value of companies within the wireless telecommunications industry. OIBDA can be reconciled to our consolidated statements of operations as follows:

Group (US$ mln) Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 Operating income 597.2 691.0 801.8 643.8 704.6 Add: D&A 305.9 327.7 372.9 483.0 470.9 OIBDA 903.1 1,018.7 1,174.7 1,126.9 1,175.5 Russia (US$ mln) Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 Operating income 463.6 531.1 612.0 469.3 562.5 Add: D&A 218.3 236.8 268.8 352.7 314.9 OIBDA 681.9 767.9 880.9(12) 822.0(13) 877.4 Ukraine (US$ mln) Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 Operating income 92.9 120.6 136.7 106.7 85.4 Add: D&A 75.5 78.3 83.1 88.1 104.8 OIBDA 168.4 198.8 219.7 194.8 190.1 Uzbekistan (US$ mln) Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 Operating income 23.6 28.5 27.0 35.2 35.1 Add: D&A 7.7 8.2 14.1 13.5 13.9 OIBDA 31.3 36.7 41.1 48.7 49.1 Turkmenistan (US$ mln) Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 Operating income 17.2 10.8 22.6 22.9 21.9 Add: D&A 4.4 4.4 5.4 5.7 5.1 OIBDA 21.6 15.2 28.1 28.6 26.9 Armenia (US$ mln) Q3'07 Q4'07 Q1'08 Operating income/ 3.5 9.7 (0.3) (loss) Add: D&A 1.5 23.0 32.2 OIBDA 5.0 32.7 32.0 OIBDA margin can be reconciled to our operating margin as follows: Group Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 Operating margin 34.3% 35.1% 36.2% 27.7% 29.6% Add: D&A 17.6% 16.6% 16.8% 20.7% 19.8% OIBDA margin 51.9% 51.7% 53.0% 48.4% 49.4% Russia Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 Operating margin 35.4% 35.9% 36.6% 27.2% 31.3% Add: D&A 16.7% 16.0% 16.1% 20.5% 17.5% OIBDA margin 52.1% 51.8% 52.8% 47.7% 48.8% Ukraine Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 Operating margin 26.5% 30.7% 31.2% 25.1% 20.9% Add: D&A 21.5% 19.9% 18.9% 20.7% 25.6% OIBDA margin 48.0% 50.6% 50.1% 45.8% 46.5% Uzbekistan Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 Operating margin 48.0% 50.1% 41.0% 45.9% 44.3% Add: D&A 15.7% 14.4% 21.5% 17.6% 17.6% OIBDA margin 63.7% 64.4% 62.5% 63.6% 61.8% Turkmenistan Q1'07 Q2'07 Q3'07 Q4'07 Q1'08 Operating margin 48.8% 26.1% 50.0% 49.1% 50.0% Add: D&A 12.4% 10.8% 12.0% 12.3% 11.6% OIBDA margin 61.2% 36.8% 62.0% 61.4% 61.6% Armenia Q3'07 Q4'07 Q1'08 Operating margin 41.9% 16.7% (0.5%) Add: D&A 17.9% 39.5% 58.5% OIBDA margin 59.8% 56.2% 57.9% Attachment B

Net debt represents total debt less cash and cash equivalents and short-term investments. Our net debt calculation is commonly used as one of the bases for investors, analysts and credit rating agencies to evaluate and compare our periodic and future liquidity within the wireless telecommunications industry. The non-GAAP financial measures should be considered in addition to, but not as a substitute for, the information prepared in accordance with US GAAP.

Net debt can be reconciled to our consolidated balance sheets as follows: US$ million As of As of Dec 31, Mar 31, 2007 2008 Current portion of debt and of capital 713.3 466.1 lease obligations Long-term debt 2,686.5 2,607.5 Capital lease obligations 1.9 2.5 Total debt 3,401.7 3,076.2 Less: Cash and cash equivalents (634.5) (552.5) Short-term investments (15.8) (15.8) Net debt 2,751.4 2,507.9

Last twelve month (LTM) OIBDA can be reconciled to our consolidated statements of operations as follows:

Year ended Three month Nine month ended Dec 31, ended Mar Dec 31, US$ million 2007 31, 2007 2007 A B C=A-B Net operating 2,733.8 597.2 2,136.6 income Add: depreciation 1,489.6 305.9 1,183.7 and amortization OIBDA 4,223.4 903.1 3,320.3 OIBDA Q1 2008 1,175.5 LTM OIBDA as of 4,495.8 March 31, 2008

Free cash-flow can be reconciled to our consolidated statements of cash flow as follows:

US$ million For the For the three months three months ended Mar ended Mar 31, 2007 31, 2008 Net cash provided by operating 736.1 991.5 activities Less: Purchases of property, plant and (206.5) (281.0) equipment Purchases of intangible assets (17.4) (61.4) Proceeds from sale of property, plant - 23.2 and equipment Purchases of other investments - (21.2) Investments in and advances to - - associates Acquisition of subsidiaries, net of - (19.4) cash acquired Free cash-flow 512.2 631.7 Attachment C Definitions

Subscriber. We define a "subscriber" as an individual or organization whose account shows chargeable activity within sixty one days in the case of post-paid tariffs, or one hundred and eighty three days in the case of our pre-paid tariffs, or whose account does not have a negative balance for more than this period.

Average monthly service revenue per subscriber (ARPU). We calculate our ARPU by dividing our service revenues for a given period, including interconnect and guest roaming fees, by the average number of our subscribers during that period and dividing by the number of months in that period.

Average monthly minutes of usage per subscriber (MOU). MOU is calculated by dividing the total number of minutes of usage during a given period by the average number of our subscribers during the period and dividing by the number of months in that period.

Churn. We define our "churn" as the total number of subscribers who cease to be a subscriber as defined above during the period (whether involuntarily due to non-payment or voluntarily, at such subscriber's request), expressed as a percentage of the average number of our subscribers during that period.

Subscriber acquisition cost (SAC). We define SAC as total sales and marketing expenses and handset subsidies for a given period. Sales and marketing expenses include advertising expenses and commissions to dealers. SAC per gross additional subscriber is calculated by dividing SAC during a given period by the total number of gross subscribers added by us during the period.

MOBILE TELESYSTEMS CONDENSED UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2008 AND 2007 (Amounts in thousands of U.S. dollars, except share and per share amounts) Three months Three months ended ended March 31, March 31, 2008 2007 Net operating revenue Service revenue and connection fees $2,373,531 $1,719,303 Sales of handsets and accessories 5,685 22,128 2,379,216 1,741,431 Operating expenses Cost of services 557,299 362,987 Cost of handsets and accessories 25,723 40,899 Sales and marketing expenses 213,996 138,468 General and administrative expenses 346,412 253,163 Depreciation and amortization 470,898 305,909 Provision for doubtful accounts 25,734 18,332 Other operating expenses 34,550 24,458 Net operating income 704,604 597,215 Currency exchange and transaction (95,864) (28,669) gains Other expenses / (income): Interest income (3,785) (7,623) Interest expense, net of amounts 40,606 37,870 capitalized Other expenses / (income) (10,710) (27,301) Total other expenses, net 26,111 2,946 Income before provision for income 774,357 622,938 taxes and minority interest Provision for income taxes 165,925 168,091 Minority interest (1,722) 6,266 Net income $610,154 $448,581 Weighted average number of common 1,943,934 1,987,610 shares outstanding, in thousands - basic Earnings per share - basic and 0.31 0.23 diluted MOBILE TELESYSTEMS CONDENSED UNAUDITED CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2008 AND DECEMBER 31, 2007 (Amounts in thousands of U.S. dollars, except share amounts) As of March 31, As of December 31, 2008 2007 CURRENT ASSETS: Cash and cash equivalents $552,527 $634,498 Short-term investments 15,782 15,776 Trade receivables, net 409,905 386,608 Accounts receivable, related parties 33,727 25,004 Inventory and spare parts 150,205 140,932 VAT receivable 238,271 310,548 Prepaid expenses and other current assets 483,833 433,291 Total current assets 1,884,250 1,946,657 PROPERTY, PLANT AND EQUIPMENT 6,824,236 6,607,315 INTANGIBLE ASSETS 2,051,470 2,095,468 INVESTMENTS IN AND ADVANCES TO ASSOCIATES 211,491 195,908 OTHER INVESTMENTS 22,594 1,355 OTHER ASSETS 131,148 119,964 Total assets 11,125,189 10,966,667 CURRENT LIABILITIES Accounts payable 523,981 486,666 Accrued expenses and other current liabilities 1,408,174 1,251,233 Accounts payable, related parties 168,379 160,253 Current portion of long-term debt, capital lease obligations 466,147 713,282 Total current liabilities 2,566,681 2,611,434 LONG-TERM LIABILITIES Long-term debt 2,607,537 2,686,509 Capital lease obligations 2,515 1,876 Deferred income taxes 93,071 114,171 Deferred revenue and other 100,970 89,696 Total long-term liabilities 2,804,093 2,892,252 Total liabilities 5,370,774 5,503,686 COMMITMENTS AND CONTINGENCIES - - MINORITY INTEREST 11,859 20,051 SHAREHOLDERS' EQUITY: Common stock: (2,096,975,792 shares with a par value of 0.1 rubles authorized and 1,993,326,138 shares issued as March 31, 2008 and December 31, 2007 (777,396,505 of which are in the form of ADS as of March 31, 2008 and December 31, 2007) 50,558 50,558 Treasury stock (57,908,337 and 32,476,837 common shares at cost as of March 31, 2008 and December 31, 2007) (791,495) (368,352) Additional paid-in capital 580,041 579,520 Unearned compensation - - Shareholder receivable - - Accumulated other comprehensive income 816,284 704,189 Retained earnings 5,087,168 4,477,015 Total shareholders' equity 5,742,556 5,442,930 Total liabilities and shareholders' equity $11,125,189 $10,966,667 MOBILE TELESYSTEMS CONDENSED UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 2008 AND 2007 (Amounts in thousands of U.S. dollars) Three months ended Three months ended March 31, 2008 March 31, 2007 Net cash provided by operating activities 991,545 736,114 CASH FLOWS FROM INVESTING ACTIVITIES: Acquisition of subsidiaries, net of cash acquired (19,395) - Purchases of property, plant and equipment (281,019) (206,486) Purchases of intangible assets (61,418) (17,390) Proceeds from sale of property, plant and equipment and assets held for sale 23,249 - Purchases of short-term investments - (103,968) Proceeds from sale of short-term investments - 55,231 Purchase of other investments (21,239) - Increase in restricted cash 7,887 537 Net cash used in investing activities (351,935) (272,076) CASH FLOWS FROM FINANCING ACTIVITIES: Repurchase of common stock (423,143) - Notes and debt issuance cost (278) (525) Capital lease obligation principal paid (1,349) (966) Proceeds from loans 105,105 - Loan principal paid (435,385) (39,553) Net cash used in financing activities (755,050) (41,044) Effect of exchange rate changes on cash and cash equivalents 33,469 880 NET INCREASE IN CASH AND CASH EQUIVALENTS: (81,971) 423,874 CASH AND CASH EQUIVALENTS, at beginning of period 634,498 219,989 CASH AND CASH EQUIVALENTS, at end of period $552,527 $643,863 --------------------------------- (1) See Attachment A for definitions and reconciliation of OIBDA and OIBDA margin to their most directly comparable US GAAP Financial measures. (2) See Attachment B for reconciliation of free cash-flow to net cash provided by operating activity. (3) According to the Russian Central Bank exchange rate of 23.7939 RUR/$ as of May 5, 2008. (4) The source for all market information based on the number of SIM cards in Russia and Ukraine in this press release is AC&M-Consulting. (5) Staring from Q1 2008 MTS employs a six-month inactive churn policy in Uzbekistan (6) MTS owns a 49% stake in Mobile TeleSystems LLC, a mobile operator in Belarus, which is not consolidated. (7) Including intercompany of $0.4 mln. (8) In Q1 2008, MTS Uzbekistan moved away from a two-month to a six-month churn policy. (9) On January 1, 2008, the Central Bank of Turkmenistan raised the official exchange rate of the Turkmenistan Manat to the US dollar from 5,200 to 6,250. On May 1, 2008, another decree was passed by the President of Turkmenistan that established the official exchange rate at 14,250 Manat per 1 USD. (10) Total debt is comprised of the current portion of debt, current capital lease obligations, long-term debt and long-term capital lease obligations; net debt is the difference between the total debt and cash and cash equivalents and short-term investments; see Attachment B for reconciliation of net debt to our consolidated balance sheet. (11) LTM OIBDA represents the last twelve months of rolling OIBDA. See Appendix B for reconciliations to our consolidated statements. (12) Including intercompany of $2.2 mln. (13) Including intercompany of $0.4 mln. For further information, please contact: Mobile TeleSystems, Moscow, Investor Relations, Tel: +7-495-223-2025, E-mail: ir@mts.ru .

Mobile TeleSystems OJSC

CONTACT: For further information, please contact: Mobile TeleSystems,
Moscow, Investor Relations, Tel: +7-495-223-2025, E-mail: ir@mts.ru .

Leading Analyst Firm Positions Verizon Business in Leaders Quadrant for North American Managed and Professional Network Service Providers

BASKING RIDGE, N.J., May 20 /PRNewswire/ -- Verizon Business has been positioned by Gartner, Inc. in the Leaders Quadrant of its report, "Magic Quadrant for Managed and Professional Network Service Providers, North America."(1)

"We believe this placement underscores Verizon Business' dedication to delivering world-class managed network and professional services capabilities," said Nancy Gofus, senior vice president and chief marketing officer, Verizon Business. "As IP transformation accelerates and networks grow increasingly complex, our customers around the globe depend on Verizon Business to provide the management systems, processes and human capital that support infrastructure availability, reliability and security."

Verizon Business separately announced today the expansion of its professional consulting capabilities, further highlighting the company's commitment to helping customers take their business to the next level.

[NOTE - To view Verizon Business' professional services announcement visit http://www.verizonbusiness.com/about/news/.]

Gartner examined a total of 18 North American managed and professional network service providers for this report. According to Gartner, "Vendors in the Leaders Quadrant are performing well today, have a clear vision of market direction and are building competencies to sustain their leadership positions in the market."

Positioning in the Magic Quadrant reflects the ability to execute and completeness of vision. Garter notes that, "A managed professional and network service provider focuses on the support, operation and management of customers' business networks, inclusive of mobility resources and wireless networks. The network information technology services considered in the Magic Quadrant include network and telecommunications expense management, network maintenance, network consulting, network development and integration, and network management."

Verizon Business has received Magic Quadrant placement in several recent Gartner reports, including "Magic Quadrant for U.S. Network Service Providers, 1H08,"(2) "Magic Quadrant for Help Desk Outsourcing Services, North America, 2008,"(3) "Magic Quadrant for Asia/Pacific Network Service Providers, 2007,"(4) "Magic Quadrant for Pan-European Network Service Providers, 2007,"(5) and "Magic Quadrant for Global Network Service Providers, 2007."(6)

Verizon Business manages 260,000-plus devices on more than 4,000 customer networks in 142 countries and territories, overseeing non-Verizon connections from more than 60 network providers around the world. Verizon Business' industry-leading service-level commitments for its managed network services and award-winning IMPACT management platform underscore its legacy of service and innovation. Verizon Business also offers a suite of professional network and security services to help customers successfully deploy and manage their IP networks. These services range from network assessment and design consulting to project management and capacity planning.

(1) Gartner, Inc. "Magic Quadrant for Managed and Professional Network Service Providers, North America," May 14, 2008. Authors Eric Goodness, Christine Tenneson, Ted Chamberlin, Daniel O'Connell; ID Number: G00155721. (2) Gartner, Inc. "Magic Quadrant for U.S. Network Service Providers, 1H08," April 2, 2008. Authors Ted Chamberlin, Robert F. Mason, Jay E. Pultz; ID Number: G00155890. (3) Gartner, Inc. "Magic Quadrant for North American Help Desk Outsourcing, North America, 2008," February 28, 2008. Authors Richard T. Matlus, William Maurer; Gartner RAS Core Research Note G00155048. (4) Gartner, Inc. "Magic Quadrant for Asia/Pacific Network Service Providers, 2007", February 18, 2008. Author To Chee Eng; Gartner RAS Core Research Note G00154548. (5) Gartner, Inc. "Magic Quadrant for Pan-European Network Service Providers, 2007", December 5, 2007. Authors Neil Rickard, Scott Morrison; Gartner RAS Core Research Note G00153140. (6) Gartner, Inc. "Magic Quadrant for Global Network Service Providers, 2007", August 8, 2007. Authors Neil Rickard, Eric Paulak; ID Number: G00150113. About the Magic Quadrant

The Magic Quadrants are copyrighted 2007 and 2008 by Gartner, Inc. and are reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Verizon Business

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

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

Verizon Business

CONTACT: Kevin W. Irland of Verizon Business, +1-703-886-1117,
kevin.w.irland@verizon.com

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

Company News On-Call: http://www.prnewswire.com/comp/094251.html

Dutch KPN Deploys Scopus IP-HeadendTelecom Operator Implements Scopus Digital Video Solution Enabling Triple-Play Capabilities

TEL AVIV, Israel, May 20 /PRNewswire-FirstCall/ -- Scopus Video Networks Ltd. , a provider of digital video networking solutions, today announced that the leading Dutch-based telecommunications and ICT service provider, KPN, has deployed a Scopus IP-headend solution for delivery of video and audio over IP. Using Scopus customized solution, KPN offers its subscribers more than 180 video and audio channels via its fiber optic cable infrastructure.

"The economic and competitive benefits generated by enhanced triple-play capabilities were important motivators in our decision to move forward with an IP-based solution," said KPN senior architect, Dolf Schinkel. "Working once again with Scopus, we found that their enhanced system capabilities and elegant IP-based headend solution met our requirements for maximizing our existing infrastructure and delivering digital video while allowing our subscribers to keep their analog home entertainment systems."

KPN's IP-based headend system consists of Scopus' dense UE-9240 four-channel MPEG-2 Universal Encoders and IVG-7100 IP streamers for routing and processing content. These are managed by Scopus' NMS network management system. Incorporating all of the necessary building blocks for supporting video and audio services, this solution is designed to increase revenue generation through the future addition of new services and offerings.

"It is a pleasure to work with KPN and facilitate the expansion of their triple-play offerings," commented Shimon Shanor, Scopus Vice President of sales. "This installation extends the Scopus brand in Europe and further reinforces our position in the telecom marketplace."

About KPN:

KPN is the leading telecommunications and ICT service provider in the Netherlands, offering wireline and wireless telephony, internet and TV to consumers and end-to-end telecom and ICT services to business customers. KPN's subsidiary Getronics operates a global ICT services company with a market leading position in the Benelux, offering end-to-end solutions in infrastructure and network-related IT. In Germany and Belgium, KPN pursues a multi-brand strategy in its mobile operations and holds number three market positions through E-Plus and BASE. KPN provides wholesale network services to third parties and operates an efficient IP-based infrastructure with global scale in international wholesale through iBasis.

At March 31, 2008, KPN served over 35 million customers, of which 27.5 million in wireless services, 5.3 million in wireline voice, 2.4 million in broadband Internet and 0.6 million in TV. With 25,925 FTEs (43,409 FTEs including Getronics), KPN posted revenues of EUR 3.6bn and an EBITDA of EUR 1.2bn in Q1 2008. KPN was incorporated in 1989 and is listed on the Amsterdam and Frankfurt stock exchanges, having recently delisted from the New York and London stock exchanges.

More information is available at http://www.kpn.com/international. About Scopus Video Networks:

Scopus Video Networks develops, markets, and supports digital video networking solutions that enable network operators to offer advanced video services to their subscribers. Scopus solutions support digital television, HDTV, live event coverage, and content distribution.

Scopus' comprehensive digital video networking solutions offer intelligent video gateways, encoders, decoders, and network management platforms. Scopus' solutions are designed to allow network operators to increase service revenues, improve customer retention, and minimize capital and operating expenses.

Scopus customers include satellite, cable, and terrestrial operators; broadcasters; and telecom service providers. Scopus solutions are used by hundreds of network operators worldwide. More information is available at http://www.scopus.net/.

This press release contains forward-looking statements concerning our marketing and operations plans. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. All forward-looking statements in this press release are made based on management's current expectations and estimates, which involve risks, uncertainties and other factors that could cause results to differ materially from those expressed in forward-looking statements. These statements involve a number of risks and uncertainties including, but not limited to, risks related to the evolving market for digital video in general and the infancy of the video-over-IP in particular and the ability to successfully deploy additional products in Europe, general economic conditions and other risk factors. Scopus does not undertake any obligation to update forward-looking statements made herein.

Contacts: Scopus' Corporate Contact - Rinat Yeffet Tel. +972-3-9007767, rinaty@scopus.net PR Agency: Shuman & Associates Tel. +972-54-498-5833, joshs@shumanpr.com Investor Relations: GK Investor Relations -Ehud Helft / Kenny Green Tel: (US) +1-646-201-9246, info@gkir.com Corporate Office Scopus Video Networks Ltd. 10 Ha'amal St, Park-Afek, Rosh-Ha'ayin 48092, Israel Tel: +972-3-9007777 Fax: +972-3-9007888 Email: info_us@scopus.net Americas Scopus Video Networks Inc. 3 Independence Way, Princeton, New Jersey 08540 Tel: +1-609-987-8090, Fax: +1-609-987-8095 E-mail: info@scopus.net

Scopus Video Networks Ltd

CONTACT: Contacts: Scopus' Corporate Contact - Rinat Yeffet, Tel.
+972-3-9007767, rinaty@scopus.net, PR Agency: Shuman & Associates, Tel.
+972-54-498-5833, joshs@shumanpr.com; Investor Relations: GK Investor
Relations -Ehud Helft / Kenny Green, Tel: (US) +1-646-201-9246,
info@gkir.com; Corporate Office, Scopus Video Networks Ltd., 10 Ha'amal St,
Park-Afek, Rosh-Ha'ayin 48092, Israel, Tel: +972-3-9007777 Fax:
+972-3-9007888, Email: info_us@scopus.net; Americas, Scopus Video Networks
Inc., 3 Independence Way, Princeton, New Jersey 08540, Tel: +1-609-987-8090,
Fax: +1-609-987-8095, E-mail: info@scopus.net

Verizon Business Meets Demand for High-Tech Services Through Expanded Professional Service CapabilitiesIncreases Number and Range of Consulting Services to Help Businesses Around the World Improve Performance

BASKING RIDGE, N.J., May 20 /PRNewswire/ -- To meet the growing demand from large corporations for high-tech services geared to improving business performance, Verizon Business is significantly increasing the number and range of its professional consulting services.

The company, which provides advanced communications and IT solutions for 98 percent of the Fortune 500, announced Tuesday (May 20) that it is delivering a standardized set of more than 50 professional-service capabilities in 30 countries around the globe. The services will be delivered through 2,700 specially trained and experienced consultants in five key practice areas: Security Services, IT Services, Network Integration and Engineering, IP Communications and Contact Center Services.

Global managed and professional services - a key part of Verizon Business' strategic services offerings -- represent a significant growth area for the company. It expects to experience continued expansion in this area throughout 2008. Verizon Business' strategic services -- which also include fast-growing IP, Ethernet and optical-ring services - drove revenue of $1.4 billion in the first quarter 2008, up 23.5 percent from the first quarter 2007.

[NOTE: An audio podcast discussing how Verizon Business is expanding its professional services capabilities to better serve customers is available at http://www.podtech.net/home/5157/verizon-business-expands-consulting- services.]

"Business strategy, communications and IT require a holistic approach in today's complex, always-on global marketplace," said John Killian, president of Verizon Business. "Through our new standardized pro-services capabilities, we are recognizing this fundamental shift in business. We are broadening our delivery of these offerings, enabling companies to think differently and improve their business performance in ways they may not have imagined."

Rising Demand for Technology Expertise

Industry experts are finding that companies need an end-to-end partner to help them address complex business issues such as global expansion, data center relocation, outdated infrastructure, and growing security threats. Driving this trend is the strategic importance of IT in helping companies meet their business goals.

"Verizon Business is addressing a critical need in the marketplace," said Wu Zhou, senior analyst of IDC's network professional services research. "Multinationals need support not only in managing their networks but in understanding how to best use IT to drive their business forward, whether it's data center consolidation to maximize operational efficiency or converging voice, video and data onto a single network. With its heritage of innovation and world-class service delivery, Verizon Business is poised to be an ideal partner."

Verizon Business' Go-to-Market Strategy

Through its defined and expanded set of capabilities, the company is providing end-to-end support from the network to the application layer and anywhere in between. A Verizon Business resource deployment manager heads each consulting services team, working closely with the customer's account manager and marshalling resources across Verizon Business to bring together the right group of experts to address and advise the customer.

The delivery model is flexible, enabling customers to choose from full lifecycle services -- from start to finish -- on a project-basis or long-term outsourcing arrangement.

Companies can also choose to transfer their assets, including people and equipment, to Verizon Business to oversee and manage all of their IT needs.

Services are offered stand-alone or as part of a multifaceted enterprise initiative.

Delivering Solutions Through Key Practice Areas

Verizon Business excels in delivering solutions across key practice areas that address a wide range of business issues, including creating the right technology surrounding for today's extended enterprise, which consists of employees, customers, partners and suppliers. The professional services team provides recommendations for accelerating the transition to new technologies, applications and delivery methods; provides supplemental staff to expand in-house resource and capabilities; and addresses growing security compliance requirements.

For example, enterprise customers such as Rent-A-Center turn to Verizon Business to advise them on how to modernize their networks so they can take their business to the next level. Rent-A-Center, the largest rent-to-own operator in the U.S., required assistance in advancing its network to gain more functionality and connect 3,200 retail locations in North America. Ensuring the company's individual store units could support the transition to IP, Verizon Business conducted an assessment of each of Rent-A-Center's store locations across the U.S. and Canada and also managed the deployment of an advanced IP network for Rent-A-Center. This phase was followed by an application (software) assessment to ensure the company's corporatewide financial application could support in-store transactions that were consistent in performance across the company, so the retailer could better serve its customers.

Verizon Business leverages its core capabilities to support enterprise customers across five key practice areas:

-- IT Services - Verizon Business helps companies handle a wide range of IT responsibilities from consolidation of data centers to disaster recovery backup and restore. Spread across a dozen pro-services capabilities, Verizon Business specializes in e-commerce assessment and design, Web application acceleration, database design and replication, disaster recovery/backup and restore, data center relocation/migration, and IT staff augmentation. -- Network Integration and Engineering - Verizon Business enables the building, management and maintenance of wired and wireless local-to- wide area networks providing the foundation for today's business. With more than 10 pro services capabilities, Verizon Business can deliver an array of essential networking services, including: network operations center design, new technology evaluation, network integration -- hardware and software, lifecycle program management office and project management expertise, as well as network engineering staff augmentation. -- Professional Security Services - As a global managed security services leader, Verizon Business offers a comprehensive set of pro service capabilities worldwide for securing the extended enterprise through its threat and vulnerability assessment, identity and access management, governance, risk and compliance, and business impact analysis offerings. Verizon Business focuses on forensics, PCI compliance, identity access management, and threat and vulnerability assessment and mitigation. -- IP Communications - Verizon Business offers a range of specialized services to address the complexity when moving from the traditional legacy voice (PSTN) world to voice over IP. Verizon Business offers more than 10 pro-serve capabilities so that companies can get where they need to go through convergence strategy workshop and planning services; business/financial impact analysis; ITP/convergence readiness assessment; convergence architecture and design; and migration strategy development. -- Contact Center Solutions - The Contact Center practice area specializes in system integration, hardware/software implementation and custom software development. Offerings include contact center architecture, design and implementation; contact center transformational analysis; infrastructure consulting; speech recognition; Web development; project management; and call center operations consulting, including work force management and quality monitoring, as well as custom reporting.

Verizon Business professional services staff hold many distinctions including hundreds of technical certifications across a broad range of technologies and vendors, as well as strong proficiencies in assessment, engineering, integration and network optimization capabilities to deliver end-to-end solutions. The company's acquisitions of Digex, Totality, NetSec and Cybertrust over the past five years have helped to deepen its pro-serve capabilities available today.

Verizon Business employs best practices and leverages a network of partners to enable delivery of its world-class solutions. Best-of-breed partners include Microsoft, M3, Cisco, Nortel, Juniper, Strohl and Geotechs.

The company provides a complementary set of managed network, managed hosting and managed security offerings, managing and maintaining more than 4,000 customer networks and more than 260,000 communications devices around the globe. Its global infrastructure, including one of the most expansive and the most connected* global IP networks in the world, provide a unique foundation from which to serve multinational customers.

Killian concluded: "For Verizon Business, standardizing our approach to professional services is the next logical step beyond managed services. We've been extremely successful in helping our customers transition to IP and make the most of its advantages. Verizon Business is uniquely positioned to help our customers navigate the convergence of communications and IT. We have the people, processes and technology to help our customers take their business to the next level."

For more information, visit http://www.verizonbusiness.com/solutions/professional.

About Verizon Business

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

*Based on number of autonomous system network connections, 2007 TeleGeography Global Internet Geography Database and Report.

NOTE: This news release contains statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The following important factors could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: materially adverse changes in economic and industry conditions and labor matters, including workforce levels and labor negotiations, and any resulting financial and/or operational impact, in the markets served by us or by companies in which we have substantial investments; material changes in available technology, including disruption of our suppliers' provisioning of critical products or services; the impact of natural or man-made disasters or litigation and any resulting financial impact not covered by insurance; technology substitution; an adverse change in the ratings afforded our debt securities by nationally accredited ratings organizations; the final results of federal and state regulatory proceedings concerning our provision of retail and wholesale services and judicial review of those results; the effects of competition in our markets; the timing, scope and financial impacts of our deployment of fiber-to-the-premises broadband technology; the ability of Verizon Wireless to continue to obtain sufficient spectrum resources; changes in our accounting assumptions that regulatory agencies, including the SEC, may require or that result from changes in the accounting rules or their application, which could result in an impact on earnings; and the ability to complete acquisitions and dispositions.

Verizon Business

CONTACT: Janet Brumfield, Verizon Business, +1-614-723-1060,
janet.brumfield@verizon.com

Web site: http://www.verizon.com/
http://www.verizonbusiness.com/
http://www.verizonbusiness.com/solutions/professional

Company News On-Call: http://www.prnewswire.com/comp/618232.html

Joytoto USA, Inc. Enters Into Agreement With Hyundai RFmon

SANTA CLARA, Calif., May 20 /PRNewswire-FirstCall/ -- Joytoto USA, Inc. (BULLETIN BOARD: JYTO) , a leading electronics components manufacturer, has entered into an agreement with Hyundai RFmon Corporation (http://www.rfmonus.com/), a US distributor of electronics products. Under the agreement, Joytoto USA, Inc. will manufacture, market and supply kiosks, DVD download dispensers, smart teller machines, ATM machines, and other electronic components as requested, upon receipt of an initial purchase order from Hyundai RFmon, with a minimum order size of $10 million US dollars. The agreement remains in effect through the year 2012.

Joytoto USA's CEO, Michael Cho, said, "Joytoto USA is fully committed to growing both its electronics business through 2008 and beyond. We are extremely excited about our agreement with Hyundai RFmon and the ability to expand our OEM and ODM business segment outside of our existing consumer electronics products portfolio."

About:

Joytoto USA, Inc. (BULLETIN BOARD: JYTO) '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 video games currently operating in the Asian markets which have generated more than $100,000,000 in the Asian markets.

Hyundai RFmon Corporation is a total solutions provider and component distribution company for the consumer, financial and telecommunications industry. In addition to the above business enterprises with Joytoto USA, RFmon has expanded their business markets and is establishing itself as the leading provider of total solution applications for the EMI (electromagnetic) and RFID (radio frequency identification) industries. RFmon has installed their first high-capacity patented RFID antennae and inlay manufacturing line in Silicon Valley, California. Full label conversion production capability is scheduled to be integrated into the RFID line by year-end. RFmon has also shipped their first EMI manufacturing system to Korea that will soon be serving the electronics and telecommunications industry in Korea and Asia. RFmon is staffed by experienced business development executives and personnel from the IT industry and has offices located in San Jose, California and Seoul, Korea.

Joytoto USA, Inc.

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

Web site: http://www.joytotousa.com/
http://www.rfmonus.com/

Mitcham Industries Announces Fiscal 2009 First Quarter Earnings Release and Conference Call Schedule

HUNTSVILLE, Texas, May 20 /PRNewswire-FirstCall/ -- Mitcham Industries, Inc. ("Company") announced today that it will release its fiscal 2009 first quarter results on Monday, June 2, 2008 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Tuesday, June 3, 2008 at 9:00 a.m. Eastern Time / 8:00 a.m. Central Time.

What: Mitcham Industries Fiscal First Quarter Earnings Conference Call When: Tuesday, June 3, 2008 at 9:00 a.m. Eastern / 8:00 a.m. Central How: Live via phone -- By dialing (303) 262-2137 and asking for the Mitcham Industries call at least 10 minutes prior to the start time, or Live over the Internet -- By logging onto the web at the address below Where: http://www.mitchamindustries.com/

For those who cannot listen to the live call, a replay will be available through June 10, 2008 and may be accessed by dialing (303) 590-3000 and using pass code 11114020#. Also, an archive of the webcast will be available shortly after the call at http://www.mitchamindustries.com/ for 90 days. For more information, please contact Donna Washburn at DRG&E at 713-529-6600 or email dmw@drg-e.com.

Mitcham Industries, Inc., a geophysical equipment supplier, offers for lease or sale, new and "experienced" seismic equipment to the oil and gas industry, seismic contractors, environmental agencies, government agencies and universities. Headquartered in Texas, with sales and services offices in Calgary, Canada; Brisbane, Australia; Singapore; Ufa, Bashkortostan, Russia; and the United Kingdom and with associates throughout Europe, South America and Asia, Mitcham conducts operations on a global scale and is the largest independent exploration equipment lessor in the industry.

Contacts: Billy F. Mitcham, Jr., President & CEO Mitcham Industries, Inc. 936-291-2277 Jack Lascar / Karen Roan Dennard Rupp Gray & Easterly (DRG&E) 713-529-6600

Mitcham Industries, Inc.

CONTACT: Billy F. Mitcham, Jr., President & CEO of Mitcham Industries,
Inc., +1-936-291-2277; or Jack Lascar or Karen Roan, both of Dennard Rupp
Gray & Easterly (DRG&E), +1-713-529-6600, for Mitcham Industries, Inc.

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

Telanetix Enhances HD, Interoperability, and Ease of Use of its Telepresence SolutionLatest release supports multiple standards simultaneously

BELLEVUE, Wash., May 20 /PRNewswire-FirstCall/ -- Telanetix, Inc. (OTC BB: TNXI), a leading IP solutions provider offering telepresence and enhanced communication services to the SMB and SME markets, today announced the shipment of version 3.4.3 of its Digital Presence technology platform.

The release extends greater support for high definition (HD) video to the entire Digital Presence product line, and further improves video quality in both standard definition (SD) and HD use scenarios.

"We have had a very positive customer response when offering HD systems to specialized industry segments," said Doug Johnson, CEO of Telanetix. "With this latest release we are formally bringing this capability to our entire video product lineup. This means not only new customers, but every existing installation will have a simple upgrade solution available to them."

Telanetix HD systems are compatible with existing SD systems as well, and may be used as either HD or SD based on customer needs and remote system capability.

In addition, the release further extends the Telanetix Legacy Compatibility option with additional H.323 support. This is enabled at the same time existing SIP legacy system support is enabled.

"Because our system was designed to be flexible, we've enabled the system to automatically and transparently connect with the existing videoconference systems without having to be in 'SIP mode' or 'H.323 mode'," said Rob Arnold, CTO of the Telanetix Video Division. "Customers often have existing videoconference infrastructure which they cannot afford to abandon, even when thinking of upgrading to telepresence in their more demanding locations. Since many existing products cannot flexibly handle different call standards on a call-by-call basis, we've leveraged our ability to extend our platform by adding this capability and are making it available to all our customers."

About Telanetix, Inc.

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

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

Telanetix, Inc.

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

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

One in Four Workers Plan to Work While on Vacation, CareerBuilder.com's Annual Survey Reveals- 15 percent gave up vacation time in 2007 -

CHICAGO, May 20 /PRNewswire/ -- As workers prepare to enjoy a long weekend and celebrate the official start of the summer vacation season, for some, vacation won't mean being free of the office. A quarter (25 percent) of workers, up from 20 percent in 2007, said they stay in contact with work while on vacation, and close to one in ten (9 percent) said their bosses expect them to be working or at least checking voicemail/e-mail while on vacation, according to CareerBuilder.com's annual vacation survey. Fifteen percent of workers said they gave up vacation days in 2007 because they didn't have time to use them. Nine percent gave up four or more days.

Comparing industries, sales workers (50 percent) lead the industries surveyed in the number of workers planning to check in while away on vacation, followed by 37 percent of both financial services workers and IT workers.

Employers' expectations play a role in worker decisions to stay connected while on vacation. Nearly one in five IT workers (19 percent) said working, checking voicemail and/or e-mail while on vacation is required by their employers, compared to 17 percent of sales workers, 14 percent of workers in the financial industry and 12 percent of those in professional and business services.

The stress of taking vacations may lead some to lie about ease of access at their vacation destinations. Seven percent workers said they have lied to their employers, claiming they couldn't be reached on vacation.

"Taking a vacation is a great way for workers to re-energize themselves and bring fresh ideas back to the table," said Rosemary Haefner, vice president of Human Resources at CareerBuilder.com. "Unfortunately for some workers, getting away can add unnecessary stress to their lives. Twelve percent of workers said they feel guilty when they are on vacation, and 6 percent felt that it could lead to them losing their jobs. If you prepare to be away in advance, your organizational skills may impress your leadership team and allow you to take a truly work- free vacation."

Workers plan to spend their vacations in a variety of ways, including: -- Traveling (36 percent) -- Visiting family and friends (24 percent) -- Resting (20 Percent) -- Catching up on housework (8 percent) -- Running errands (3 percent)

When planning a vacation, Haefner recommends the following tips to make your time off a true break from the office:

1. Prepare. Prepare. Prepare. Make sure that everyone on your team knows what days you plan to be out of the office as far in advance as possible. Also, keep a journal of a day in your work life and share it with a co-worker who will be covering for you. The journal should have important information such as project contact information, any emergency passwords, etc. 2. Think Big. If you know that you will be taking a big vacation this year and expect a big project to appear at around the same time, do everything possible to leave as much room between the two events. Projects sometimes run longer than projected, so make sure you build in enough time to your plans so both don't become stressful. 3. Stick to a plan. In most cases you are going to be away with other people on vacation. If you have to work, schedule a (short) block of time each day to check in and take care of any important business. Sticking to this plan will allow you the piece of mind of knowing things are fine at the office and will allow your family or friends to schedule activities without having to leave you behind. 4. Teach by example. If you are the boss, take a vacation and limit your contact with the office. Workers will feel much better getting away and enjoying themselves if they see the boss doing the same. Survey Methodology

This survey was conducted online within the U.S. by Harris Interactive on behalf of CareerBuilder.com among 6,987 U.S. employees (employed full-time; not self-employed) ages 18 and over between February 11, and March 13, 2008, respectively. With a pure probability sample of 6,987 one could say with a 95 percent probability that the overall results have a sampling error of +/- 1.2 percentage points. Sampling error for data from sub-samples is higher and varies.

About CareerBuilder.com

CareerBuilder.com is the nation's largest online job site with more than 23 million unique visitors and over 1.6 million jobs. Owned by Gannett Co., Inc. , Tribune Company, The McClatchy Company and Microsoft Corp. , the company offers a vast online and print network to help job seekers connect with employers. CareerBuilder.com powers the career centers for more than 1,600 partners, including 140 newspapers and leading portals such as America Online and MSN. More than 300,000 employers take advantage of CareerBuilder.com's easy job postings, 26 million-plus resumes, Diversity Channel and more. CareerBuilder.com and its subsidiaries operate in the U.S., Europe, Canada and Asia. For more information, visit http://www.careerbuilder.com/.

Media Contact: Michael Erwin 773-527-3637 Michael.Erwin@CareerBuilder.com

CareerBuilder.com

CONTACT: Michael Erwin of CareerBuilder.com, +1-773-527-3637,
Michael.Erwin@CareerBuilder.com

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

NetSuite OneWorld Software Company Edition Powers Real-Time, Global Operations for Mid-Market Software CompaniesLatest Offering from Leader in SaaS Industry-Specific Business Suites Spans Front- and Back-Office Operations for Multi-Location Software Companies

SAN MATEO, Calif., May 20 /PRNewswire-FirstCall/ -- NetSuite Inc. , a leading vendor of on-demand, integrated business management software suites for small and mid-sized businesses and divisions of large companies, today announced the release of NetSuite OneWorld Software Company Edition. This latest offering from NetSuite gives mid-market software companies the ability to run and manage integrated end-to-end software business processes spanning global operations -- an industry-leading capability made possible through NetSuite technology that enables its integrated business suite to span the widest range of both front- and back- office applications. This new edition includes all the capabilities of NetSuite OneWorld (announced in April 2008), which enables multi-national companies to run global operations in real-time, and includes features specifically created to automate processes unique to software companies, such as renewals automation, revenue recognition, complex commission management and multi-tier channel management. For more details on NetSuite OneWorld Software Company Edition, please visit http://www.netsuite.com/software.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

Running a software company is challenging due to complex and strict accounting and reporting requirements. To address these challenges, historically, many software companies have purchased multiple applications to run their software business operations: one to manage the sales team; one for commission management; one to manage financial processes such as renewals and revenue recognition, and yet another application for channel management. This fragmented approach typically is costly, can lead to a higher rate of errors in calculating financial results, and can result in less favorable customer experiences, particularly at the time of renewal. Once a company expands, particularly internationally, this mix of more expensive applications is often multiplied many times over, and can leave a company with very limited or delayed visibility into its operations and financial performance, especially across its multi-national operations. The lack of real-time visibility offered by this fragmented approach generally makes it difficult to drill down to local or regional-level information in real-time for timely course corrections.

NetSuite OneWorld Software Company Edition is one single application specifically designed for running a growing software business with global operations and can cater to any business model, from subscription billing to traditional software licensing. The capabilities of NetSuite OneWorld Software Company Edition are a result of best practices gleaned from the hundreds of software companies running their operations on NetSuite.

"With NetSuite OneWorld we delivered capabilities to mid-sized companies that some of the world's largest companies have failed to achieve after spending millions of dollars," said Zach Nelson, CEO of NetSuite. "Now with NetSuite OneWorld Software Company Edition, we are offering global mid-size software businesses the ability to integrate global consolidated financials in an integrated software suite that has been specifically tailored to meet the needs of software companies. We know how a global software company works because we are one, and we have been successfully using our own software to operate our business for the past 10 years."

"My previous company had begun using NetSuite OneWorld, so I was able to experience first-hand just how powerful a system it can be," said Ben Oxnam, Finance and Operations Director, ScanSafe (http://www.scansafe.com/), the pioneer and leading provider of Web Security-as-a-Service, co-headquartered in London (U.K.) and San Mateo, Calif. "I'm very excited ScanSafe has chosen NetSuite OneWorld Software Company Edition for our growing SaaS company, which already has 100 employees on two continents. I can foresee how it will help us consolidate our worldwide operations and vastly improve our management information and reporting, and for a fraction of the cost of a comparable financial management system."

Easily Manage Multi-Company and Global Expansion in One System

The growth of today's software companies is often fueled by mergers, acquisitions and global expansion. With NetSuite OneWorld Software Company Edition, businesses are able to take this growth in stride and easily bring up new subsidiaries, both domestic and international. This is because of NetSuite's native SaaS delivery model that enables the OneWorld functionality to be accessed anywhere - simply by opening a Web browser - thereby eliminating the enormous IT issues associated with traditional approaches to global business management.

NetSuite OneWorld Software Company Edition delivers deep and locally / nationally appropriate functionality (currency, taxation, language, reporting, revenue recognition, dashboards, etc.) with real-time subsidiary management and business consolidation capabilities, while providing for instantaneous global roll-up, visibility and compliance management for front-office, back- office and ecommerce operations. With the benefit of consolidated data that NetSuite OneWorld Software Company Edition provides, the decision-making process within a business can be immediately improved with a plethora of pre- built metrics specific to software company operations. These can be tailored and personalized for role-based dashboards - from the executive at headquarters, to the in-country end-user.

Renewals Automation and Installed Base Tracking

Software companies have unique needs when it comes to managing renewals for their install base of customers and recurring revenue from renewals. For instance, the addition of user licenses in the middle of a contract term may require that the renewal process be able to handle multiple co-terminus models. In addition, uplifts based on historical or current list prices, revenue recognition and forecasting, and tracking of customer support entitlements, are all requirements to fully automate the renewal process for software businesses. To effectively automate the entire renewal process, NetSuite OneWorld Software Company Edition adds extensive installed-base tracking capabilities from multiple license types for systems, users, environments and modules, to maintenance agreements, customer support terms, start and end dates, contract statuses and monitoring of end-of-life, upgrades and downgrades. As a result of this extensive tracking, software companies gain the benefit of license term metrics such as customer retention and current license metrics that can be tracked in real-time on role-based dashboards.

Align Sales with Corporate Goals with Complex Commission Management

Incentive compensation for software sales organizations generally involve complex, multi-tiered commission management plans and include various spiffs or kickers to align sales team behavior with corporate goals. Additionally, wasted time, energy and multiple spreadsheets can often lead to challenges as to how the commission payouts should be calculated. NetSuite OneWorld Software Company Edition includes updated commission management reports that make it very clear to both sales and finance what the compensation should be and which sales transactions were applied to arrive at the final numbers. NetSuite OneWorld Software Company Edition also adds the following new capabilities in how commission management is structured:

-- Quota attainment vs. payout flexibility -- If new customer acquisition is key to a software company, the company will value the ability to set up commission for its sales team that compensates for attainment of the total quota on all sales, but then pays out based only on new business sales. -- Managing debooks and rebooks -- With the dynamic, ever-changing nature of the software business, it is important to be able to manage the sales effective date when processing credit transactions such as return authorizations, credit memos and cash refunds. This ensures that as commission plans change from quarter to quarter or year to year, debooks and rebooks that span these time periods are accurately calculated with clear visibility to the sales rep on the impact to their final commission totals. -- Commission on shipping -- These persuade sales reps to use their preferred shipping carrier and shipping method when sending software CDs, training manuals or other goods by setting up extra commission for a particular shipping item such as UPS Ground vs. FedEx Overnight. Easily Track External Sales Efforts with Multi-Tier Channel Management

More and more software companies leverage external sales channels to grow their business. NetSuite OneWorld Software Company Edition allows for management of multiple tiers of sales channels from distributors to resellers to end-user referral programs with enhanced channel management reports, interaction management, industry-specific transaction forms and electronic fulfillment of indirect, end-user sales. With multi-tier channel management occurring in the same system as direct sales channel activities, software companies get an unprecedented view of sales, forecast and pipeline across all of their sales channels so they are able to effectively report on their numbers and course correct as needed to meet sales expectations. For a public software company, this visibility is critical to consistently meeting or beating the revenue guidance given to Wall Street.

Pricing and Availability:

Available now, NetSuite OneWorld Software Company Edition begins at a base price of $4,998 per month, which includes renewals management and multi-tier channel management functionality, along with vertical-specific Dashboards and best-practices. Commissions functionality (Incentive Compensation) is an add- on module at $299 per month.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business management software suites for small and midsized businesses. NetSuite enables companies to manage core business operations in a single system, which includes Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite's patent-pending "real- time dashboard" technology provides an easy-to-use view into up-to-date, role- specific business information.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

Cautionary Note Regarding Forward Looking Statements

This press release contains forward-looking statements that involve risks, uncertainties and assumptions. If any of these risks or uncertainties ever materialize or these assumptions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements include statements relating to expectations, plans and prospects for NetSuite and its service offerings that are based upon current expectations and beliefs. Challenges may arise in the implementation of NetSuite OneWorld Software Company Edition with customers; disruptions in service as a result of loss of power or loss of Internet access may occur; unexpected disruptions in NetSuite's data center may occur; NetSuite may experience material defects or errors in its software, undetected computer viruses, or a security breach; and other risks and uncertainties exist or may arise as described more fully in our public announcements filed with or furnished to the U.S. Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2008. All forward-looking statements in this press release are based on information available to us as of the date hereof, and NetSuite disclaims any obligation to update these forward-looking statements.

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AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com NetSuite Inc.

CONTACT: Mei Li of NetSuite, +1-650-627-1063, meili@netsuite.com

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

Teleca Makes Clearer Global Connections With NetSuite CRM+

SAN MATEO, Calif., LONDON and MALMO, Sweden, May 20 /PRNewswire-FirstCall/ -- NetSuite Inc. , a leading vendor of on-demand, integrated business management software suites that provide Accounting / ERP (Enterprise Resource Planning), CRM (Customer Relationship Management) and Ecommerce software for small businesses, medium-sized organizations and divisions of large companies, today announced that Teleca AB (OMX Stockholm: TELC B), a leading developer of software solutions for the international mobile telecommunications industry, has entrusted its global human resources management to the NetSuite CRM+ solution. With the business visibility provided by NetSuite's on-demand Customer Relationship Management solution, NetSuite has become the trusted source of software application suites to provide the necessary infrastructure for Teleca's resource planning and development. This enables Teleca to make more effective hires and plan professional development curricula for its 1,600 engineers.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

With NetSuite CRM+, the complex reporting relationships Teleca employees have with both local and global functional managers are clearly recorded, allowing Teleca to run the appraisal process using cross-country reporting lines. The NetSuite solution took less than four months to implement.

As demand for mobile telecommunications services continues to climb, so too do the demands for Teleca's services. As a premier provider of custom software solutions and technological integration to the world's top wireless networks, Teleca has grown accordingly, and now has engineering and professional staff in various offices across 11 countries. This rapid growth led to employee assessment and evaluation processes becoming regionalized and inconsistent. Company leadership called for a globalization initiative, and human resource management integration was a key component of the plan.

"Knowing the capacity and capabilities of our people is most important, so it was extremely important to have a global view of our resources," said Lisbeth Hald, senior vice president of global HR at Teleca. "That's where NetSuite came into the picture and it has been a perfect fit for us."

Needing business management software which was both flexible enough to support a global organization with complex lines of reporting, and user friendly enough to be deployed rapidly and used by the entire company without extensive, costly training, Teleca quickly latched on to NetSuite CRM+. The company's global matrix of employee relationships was easily mapped inside the NetSuite solution without a need for expensive customization.

NetSuite's renowned flexibility via its SuiteFlex platform is proving invaluable to Teleca, as the company adopts a new ERP and sales system which will share data with the NetSuite HR database. Because NetSuite CRM+ is equipped to manage sophisticated layers of permissions and data access, managers and leaders can easily be authorized to view only the records of their subordinates and other employees relevant to their duties.

As Teleca grows and expands its engineering resources, the company no longer needs to worry about its ability to track and evaluate its key contributors. With its human resource management streamlined, Teleca has the insight needed to ensure optimal resource management, and to engage in new business proposals which best suit the company's available skill sets. In addition, the speed at which tasks can be performed has improved significantly. Prior to using the NetSuite CRM+ solution, by the time Teleca had collected data on its thousands of employees worldwide, it was out of date. Now that data is received instantly it is more credible -- and so it can be used more efficiently in matching resource availability to need.

NetSuite has become the trusted source of software application suites to provide the necessary infrastructure for all of Teleca's resource planning, and Teleca now has an excellent overview of the performance of its staff, and of the development plans needed to ensure top performance in the future.

About Teleca

Teleca is a world-leading supplier of software services to major players of the mobile device industry. The company offers tailored solutions, systems design and the integration of software and hardware for mobile phones. Teleca has about 2,000 employees in 11 countries in Asia, Europe and North America and is quoted on the small cap list of the Nordic Exchange.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business management software suites for small and midsized businesses and divisions of large companies. NetSuite enables companies to manage core business operations in a single system, which includes Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

Photo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com NetSuite Inc.

CONTACT: Mei Li of NetSuite Inc., +1-650-627-1063, meili@netsuite.com

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

Clinical Solutions Subscribes to NetSuite for Global Healing of Disparate OperationsLeader in Healthcare Software and Services Brings Together 8 Subsidiaries Via NetSuite OneWorld for Single, Worldwide View of its Business and Financial AccountingHaving Switched from Sage Line 100 and QuickBooks, Company Goes Live on NetSuite OneWorld in Weeks

SAN MATEO, Calif. and LONDON, May 20 /PRNewswire-FirstCall/ -- NetSuite Inc. , a leading vendor of on-demand, integrated business software suites, today announced that Clinical Solutions, a leading provider of healthcare software solutions and services for clinical decision support, informatics, triage nursing and assessment, has integrated its worldwide, end-to-end business operations with NetSuite OneWorld. NetSuite OneWorld enables Clinical Solutions' eight subsidiaries spread across three continents and five locations to have one suite of financial accounting software, including financials and revenue recognition, and CRM software, thereby making the existing finance staff more productive; reducing costs on IT and eliminating expensive on-premise business software. NetSuite provides integrated, business software suites that include ERP (Enterprise Resource Planning) / Accounting software, CRM (Customer Relationship Management) and Ecommerce software for small and medium-sized businesses and divisions of large companies. For more information about the success story of Clinical Solutions please visit http://www.netsuite.com/clinicalsolutions.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

With offices spread across three continents and five locations, the geographical and reporting complexities of Clinical Solutions meant they required financial accounting software that provided a true multi-currency, multi-location and multi-subsidiary solution. Clinical Solutions' previous software, a mixture of different financial accounting software solutions, didn't work well together, particularly with their multiple offices and a business that deals in multiple currencies.

Upon going live with NetSuite, all eight of Clinical Solutions' subsidiaries were operating under one NetSuite umbrella. With the multi-currency ability of NetSuite OneWorld, each of Clinical Solutions' subsidiaries is now able to handle and readily report in US dollars, Australian dollars, British pounds and Euros. Having single-instance consolidated financials together with the sales force automation of NetSuite alleviates Clinical Solutions' previous problems of geographical complexity and difficulty in extracting information from multiple systems. NetSuite handles the different currencies, taxation rules and reporting needs, all within one, instantly accessible and easy-to-format system, which is available from anywhere on the globe.

Now with approximately 100 users of NetSuite, Clinical Solutions is realizing many benefits previously unknown to them. Information can be seen in real-time and can be shared across departments, across subsidiaries and across countries. This data need only be input once, resulting in considerable time savings. For instance, employee expenses can be entered online, saving the purchase ledger clerk considerable time and effort. In addition, bank reconciliations, which used to be done using spreadsheets, are now done within NetSuite. Not only is staff more productive but executives can also tap into the information in real-time. This increased visibility helps Clinical Solutions' executives make better business decisions.

Dave Stanton, Finance Project Manager for Clinical Solutions, says NetSuite OneWorld has dramatically changed the way the company can share information across its business. "Now, many of our employees have been able to move from a data input environment to a much higher level of analysis, which means information can be used much more effectively, and our company can save even more time and money."

About Clinical Solutions

Clinical Solutions is a leading supplier of flexible evidence-based decision support and clinical software solutions to the healthcare industry that help healthcare professionals safely and consistently assess a patient's symptoms and direct them to the most appropriate level of care. This results in more efficient management of resources and alleviates pressure on emergency and primary healthcare services. This means lower costs, lower risks and a higher degree of patient satisfaction.

Clinical Solutions is a market focused organisation that works with its customers, to establish a close working partnership through the sharing of ideas, knowledge and expertise. Its scaleable solutions have been proven to guide clinicians to deliver best practice in providing leading healthcare advice.

The company also provides knowledge management and case management solutions, used for long term conditions management, web-based bio- surveillance solutions used in pandemic and biological threat situations, and out-of-hours solutions for urgent care to both public and private healthcare providers. With each implementation, Clinical Solutions provides project management, IT consultancy and customization, training and 24/7 support. Clinical Solutions has offices in UK, USA and Australia. Its customers include; NHS Direct in England and Wales; NHS 24 in Scotland; and many walk-in centres across England, as well as customers in North America, Portugal, Norway, Australia, and New Zealand. Its solutions are used to serve over 100 million people across the world. With a mission to change the way the world accesses health and social care service, Clinical Solutions continues to invest in developing software solutions for health and social care organisations around the world.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business software suites that include Enterprise Resource Planning (ERP) / Accounting software, Customer Relationship Management (CRM) and Ecommerce software for small and midsized businesses and divisions of large companies. NetSuite enables companies to manage core business operations in a single system. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com NetSuite Inc.

CONTACT: Mei Li of NetSuite Inc., +1-650-627-1063, meili@netsuite.com

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

MTS Announces Recommended Amount of Dividends for FY 2007

MOSCOW, May 20 /PRNewswire-FirstCall/ -- Mobile TeleSystems OJSC ("MTS") , the largest mobile phone operator in Russia and the CIS, announces the recommended amount of dividends for the full year 2007.

On May 19, 2008, MTS' Board of Directors (BoD) recommended the annual general meeting of shareholders (AGM) approve annual dividends of RUR 14.84 per ordinary MTS share (approximately $3.12 per ADR(1)) for the 2007 fiscal year, amounting to a total of RUR 29.58 billion ($1,242.9 million) or 60% of US GAAP net income. As announced earlier, the record date for the Company's share- and ADR-holders entitled to participate in the AGM and to receive dividends was May 8, 2008. The AGM will be held on June 27, 2008.

The Company's dividend policy adopted in 2007 targets a return of a minimum of 50% of annual US GAAP net income to its shareholders through dividend payments. The amount could vary depending on a number of factors, including the outlook for earnings growth, capital expenditure requirements, cash flow from operations, potential acquisition opportunities as well as the Company's debt position.

The Chairman of MTS' BoD, Vitaliy Savelyev, commented: "The dividend amount is a clear sign of MTS' commitment to enhancing shareholder value. The rewards enjoyed by our shareholders have historically grown inline with the scale and profitability of our business. We endeavor to continue rewarding our shareholders by continuing to employ a sound financial policy and running profitable and efficient operations."

(1) According to the Russian Central Bank exchange rate of 23.7939 RUR/$ as of May 5, 2008.

For further information, please contact: Mobile TeleSystems, Moscow Investor Relations Tel: +7-495-223-2025 E-mail: ir@mts.ru

Mobile TeleSystems OJSC

CONTACT: For further information, please contact: Mobile TeleSystems,
Moscow Investor Relations, Tel: +7-495-223-2025, E-mail: ir@mts.ru

NetSuite OneWorld Software Company Edition Powers Real-Time, Global Operations for Mid-Market Software Companies

LONDON, May 20 /PRNewswire/ --

- Latest Offering from Leader in SaaS Industry-Specific Business Suites Spans Front- and Back-Office Operations for Multi-Location Software Companies

NetSuite Inc. (NYSE: N - News), a leading vendor of on-demand, integrated business management software suites for small and mid-sized businesses and divisions of large companies, today announced the release of NetSuite OneWorld Software Company Edition. This latest offering from NetSuite gives mid-market software companies the ability to run and manage integrated end-to-end business processes spanning global operations-an industry-leading capability made possible through NetSuite technology that enables its integrated business suite to span the widest range of both front- and back-office applications. This new edition includes all the capabilities of NetSuite OneWorld (announced in April 2008), which enables multi-national companies to run global operations in real-time, and includes features specifically created to automate processes unique to software companies, such as renewals automation, revenue recognition, complex commission management and multi-tier channel management. For more details on NetSuite OneWorld Software Company Edition, please visit www.netsuite.com/software.

"My previous company had begun using NetSuite OneWorld, so I was able to experience first-hand just how powerful a system it can be," said Ben Oxnam, Finance and Operations Director, ScanSafe (www.scansafe.com), the pioneer and leading provider of Web Security-as-a-Service, co-headquartered in London (U.K.) and San Mateo, Calif. "I'm very excited ScanSafe has chosen NetSuite OneWorld Software Company Edition for our growing SaaS company, which already has 100 employees on two continents. I can foresee how it will help us consolidate our worldwide operations and vastly improve our management information and reporting, and for a fraction of the cost of a comparable financial management system."

Easily Manage Multi-Company and Global Expansion in One System

NetSuite OneWorld Software Company Edition delivers deep and locally / nationally appropriate functionality (currency, taxation, language, reporting, revenue recognition, dashboards, etc.) with real-time subsidiary management and business consolidation capabilities, while providing for instantaneous global roll-up, visibility and compliance management for front-office, back-office and ecommerce operations. With the benefit of consolidated data that NetSuite OneWorld Software Company Edition provides, the decision-making process within a business can be immediately improved with a plethora of pre-built metrics specific to software company operations. These can be tailored and personalized for role-based dashboards - from the executive at headquarters, to the in-country end-user.

Renewals Automation and Installed Base Tracking

Align Sales with Corporate Goals with Complex Commission Management

Incentive compensation for software sales organizations generally involve complex, multi-tiered commission plans and include various spiffs or kickers to align sales team behavior with corporate goals. Additionally, wasted time, energy and multiple spreadsheets can often lead to challenges as to how the commission payouts should be calculated. NetSuite OneWorld Software Company Edition includes updated commission reports that make it very clear to both sales and finance what the compensation should be and which sales transactions were applied to arrive at the final numbers. NetSuite OneWorld Software Company Edition also adds the following new capabilities in how commission management is structured:

- Quota attainment vs. payout flexibility -- If new customer acquisition is key to a software company, the company will value the ability to set up commission management for its sales team that compensates for attainment of the total quota on all sales, but then pays out based only on new business sales. - Managing debooks and rebooks -- With the dynamic, ever-changing nature of the software business, it is important to be able to manage the sales effective date when processing credit transactions such as return authorizations, credit memos and cash refunds. This ensures that as commission plans change from quarter to quarter or year to year, debooks and rebooks that span these time periods are accurately calculated with clear visibility to the sales rep on the impact to their final commission totals. - Commission on shipping - These persuade sales reps to use their preferred shipping carrier and shipping method when sending software CDs, training manuals or other goods by setting up extra commission for a particular shipping item such as UPS Ground vs. FedEx Overnight.

Easily Track External Sales Efforts with Multi-Tier Channel Management

Pricing and Availability:

Available now, NetSuite OneWorld Software Company Edition begins at a base price of GBP3,045 per month. Renewals management and multi-tier channel management functionality will be available for the UK beginning in autumn 2008. Commissions functionality (Incentive Compensation) is an add-on module at GBP180 per month.

About NetSuite

NetSuite Inc. is a leading vendor of on-demand, integrated business management software suites for small and midsized businesses. NetSuite enables companies to manage core business operations in a single system, which includes Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Ecommerce. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

Cautionary Note Regarding Forward Looking Statements

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

NetSuite Inc.

Mei Li of NetSuite, +1-650-627-1063, meili@netsuite.com

Clinical Solutions Subscribes to NetSuite for Global Healing of Disparate Operations

SAN MATEO, California and LONDON, May 20 /PRNewswire/ --

- Leader in Healthcare Software and Services Brings Together 8 Subsidiaries Via NetSuite OneWorld for Single, Worldwide View of its Business and Financial Accounting

- Having Switched from Sage Line 100 and QuickBooks, Company Goes Live on NetSuite OneWorld in Weeks

NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business software suites, today announced that Clinical Solutions, a leading provider of healthcare software solutions and services for clinical decision support, informatics, triage nursing and assessment, has integrated its worldwide, end-to-end business operations with NetSuite OneWorld. NetSuite OneWorld enables Clinical Solutions' eight subsidiaries spread across three continents and five locations to have one suite of financial accounting software, including financials and revenue recognition, and CRM software, thereby making the existing finance staff more productive; reducing costs on IT and eliminating expensive on-premise business software. NetSuite provides integrated, business software suites that include ERP (Enterprise Resource Planning) / Accounting software, CRM (Customer Relationship Management) and Ecommerce software for small and medium-sized businesses and divisions of large companies. For more information about the success story of Clinical Solutions please visit www.netsuite.com/clinicalsolutions.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

About Clinical Solutions

The company also provides knowledge management and case management solutions, used for long term conditions management, web-based bio-surveillance solutions used in pandemic and biological threat situations, and out-of-hours solutions for urgent care to both public and private healthcare providers. With each implementation, Clinical Solutions provides project management, IT consultancy and customization, training and 24/7 support. Clinical Solutions has offices in UK, USA and Australia. Its customers include; NHS Direct in England and Wales; NHS 24 in Scotland; and many walk-in centres across England, as well as customers in North America, Portugal, Norway, Australia, and New Zealand. Its solutions are used to serve over 100 million people across the world. With a mission to change the way the world accesses health and social care service, Clinical Solutions continues to invest in developing software solutions for health and social care organisations around the world.

About NetSuite

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

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

NetSuite Inc.

Mei Li of NetSuite Inc., +1-650-627-1063, meili@netsuite.com / Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO , AP Archive: http://photoarchive.ap.org , PRN Photo Desk, photodesk@prnewswire.com

Teleca Makes Clearer Global Connections With NetSuite CRM+

SAN MATEO, California, LONDON and MALMÖ, Sweden, May 20 /PRNewswire/ --

NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites that provide Accounting / ERP (Enterprise Resource Planning), CRM (Customer Relationship Management) and Ecommerce software for small businesses, medium-sized organizations and divisions of large companies, today announced that Teleca AB (OMX Stockholm: TELC B), a leading developer of software solutions for the international mobile telecommunications industry, has entrusted its global human resources management to the NetSuite CRM+ solution. With the business visibility provided by NetSuite's on-demand Customer Relationship Management solution, NetSuite has become the trusted source of software application suites to provide the necessary infrastructure for Teleca's resource planning and development. This enables Teleca to make more effective hires and plan professional development curricula for its 1,600 engineers.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)

About Teleca

About NetSuite

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.

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

NetSuite Inc.

Mei Li of NetSuite Inc., +1-650-627-1063, meili@netsuite.com/ Photo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO , AP Archive: http://photoarchive.ap.org , PRN Photo Desk photodesk@prnewswire.com

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