Companies news

Helio Uses RightNow on Demand CRM to Capture the Voice of the CustomerHelio's Contact Center Agents Rely on RightNow CRM to Provide Fast, Accurate and Cost-Effective Service

BOZEMAN, Mo., May 27 /PRNewswire-FirstCall/ -- Helio, a premium U.S. mobile service provider, has selected RightNow(R) Telecom, RightNow Technologies' on demand customer relationship management (CRM) solution for telecommunication companies, to help deliver exceptional customer experiences. Helio is supporting its mobile-savvy customer base by using RightNow on demand CRM, from relying on RightNow to gather and act on customers' opinions to giving Helio contact center agents a way to provide timely and relevant information to customers.

Action Based on the Voice of the Customer

Providing a better customer experience requires an understanding of consumers' expectations. Helio is using RightNow to capture customers' opinions and act on that feedback. Following a service interaction, Helio uses RightNow to send customers a survey, so that they can rate their overall experience, including hold time and the agent's professionalism and knowledge.

-- With RightNow, Helio can easily modify survey questions, ensuring capture of the most needed customer feedback. This flexibility has helped Helio increase survey response rates by 900 percent. -- This data helps Helio better understand customers and proactively reach out to unhappy customers to rectify issues.

Today, RightNow introduced May '08, the latest version of its enterprise-class, on demand CRM solution, which includes complete enterprise feedback management capabilities that cover customer contact points including phone, email and Web, across service, marketing and sales operations. RightNow May '08 provides multi-channel capabilities to centrally capture the voice of the customer and take immediate action to deliver a better customer experience.

Arming Agents to Provide a Better Service Experience

Helio's contact center agents use the RightNow agent desktop with access to RightNow's robust and central knowledge base.

-- RightNow leverages Web 2.0 technologies to meld the flexibility and ease of browser-based technology with the performance, richness, and interactivity that today's enterprise contact centers need. -- The knowledge base provides Helio agents with one, central repository of information regarding product updates, and previous customer inquiries, and helps train new employees by providing consistent, accurate responses that they can access in a timely manner. Comments on Customer Experience in the Telecommunications Industry

"At Helio, we look to use our member's feedback to continually improve our service. With RightNow we are able to capture their opinions, quickly analyze the data and then take action. Together with RightNow, we are looking to set the bar high for wireless service providers."

Dennis Weikle Vice President, Member Care

"Consumers' expectations of choice and flexibility regarding their interactions with businesses have never been higher. These expectations manifest in the diversity of their adoption of service touch points to resolve issues. However, companies continue to struggle with satisfying consumers across multiple channels and myriad services. This difficulty is largely due to companies' silo approach (e.g., lacking unified knowledge bases, interaction histories, reporting, analytics) in managing customers' interactions."

Customer's Experience in Telecom JupiterResearch Study Commissioned by RightNow Technologies, June 25, 2007 About RightNow Technologies

RightNow delivers the high-impact technology solutions and services organizations need to cost-efficiently deliver a consistently superior customer experience across their frontline service, sales and marketing touch-points. Approximately 1,800 corporations and government agencies worldwide depend on RightNow to achieve their strategic objectives and better meet the needs of those they serve. RightNow is headquartered in Bozeman, Montana. For more information, please visit RightNow Technologies http://www.rightnow.com/.

About Helio

Helio is the mobile brand for the Internet generation. With advanced mobile services, exclusive, high-end, beautiful devices and smart pricing on a nationwide high-speed 3G network, Helio is built for consumers who have mobile at the center of their lives. Helio is a joint venture between SK Telecom, one of the world's most advanced wireless carriers, and EarthLink, the next generation Internet service provider. http://www.helio.com/.

RightNow is a registered trademark of RightNow Technologies, Inc. NASDAQ is a registered trademark of the NASDAQ Stock Market.

"Helio," the "Helio" logo and any other product names, service names or logos of HELIO used, quoted and/or referenced herein are trademarks or registered trademarks of HELIO LLC.

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RightNow Technologies

CONTACT: Katie O'Connell of RightNow Technologies, +1-925-674-1487,
cell, +1-510-304-3707, koconnell@rightnow.com

Web site: http://www.rightnow.com/
http://www.helio.com/

RightNow Technologies Delivers May '08 Release; First On Demand CRM Solution With Multi-Channel Feedback Management Capabilities Including ChatNew Online Chat Channel Expands RightNow's Enterprise Feedback Management Solution to Deliver a Better Customer Experience

BOZEMAN, Mont., May 27 /PRNewswire-FirstCall/ -- RightNow(R) Technologies introduces RightNow May '08, the latest version of its enterprise-class, on demand customer relationship management (CRM) solution.

With new online chat capabilities, RightNow is the first on demand CRM provider to offer complete enterprise feedback management capabilities that cover customer contact points including phone, email and Web, across service, marketing and sales operations. RightNow May '08 provides multi-channel capabilities to centrally capture the voice of the customer and enable a vendor to take immediate action to deliver a better customer experience.

New Survey and Online Chat Capabilities Added to RightNow -- Customer feedback comes from satisfaction surveys conducted over the phone, via email, on the Web and now with online chat. -- RightNow gathers and unifies customer opinions and feedback, to facilitate immediate action. -- RightNow May '08 can trigger a survey after an online chat interaction with a service agent. -- Feedback can also be gathered from anonymous online consumers, such as someone who recently abandoned a shopping cart. -- Results are compiled for trend analysis, and individual responses are included within customer profiles to enable future, more personalized service. -- For a demo of RightNow Feedback, including the new chat capabilities

visit http://crm.rightnow.com/cgi- bin/rightnow.cfg/php/enduser/doc_serve.php?2=DC-FORM-080519- FeedbackProductTour&cex=797.

Delivering Great Customer Experiences Based on Feedback -- RightNow has a track record of delivering innovative features that capture the voice of the customer. -- In its February '08 release, RightNow added topic monitoring capabilities that automate the review of customer sentiment by grouping or clustering common topics within unstructured text responses. -- In August '07, RightNow added emotion detection features that gauge customers' opinions by applying an emotional rating to text-based customer communications. Comments on Capturing the Voice of the Customer

"Enterprise feedback management helps organizations act on the voice of their customers across all frontline touch-points, to more quickly and easily identify and solve customer issues that may drive decisions about potential market opportunities. As customers are increasingly looking to engage with companies via multiple channels, vendors will need to respond by embedding multi-channel functionality into their solutions to support a comprehensive feedback strategy."

Jim Davies Research Director, CRM, Gartner

"We rely on RightNow to be our single point-of-capture for all customer questions, complaints and feedback. If there is a problem with a product or something that customers are really enthusiastic about, product managers want to know right away. With RightNow, we can effortlessly provide them with this critical information on a very timely basis."

Chuck Udzinski Consumer Services Manager, Black & Decker

"RightNow's closed-incident surveys are extremely valuable to [us] because they tell [us] how our customers view us. That's information you absolutely must have if you're going to maximize customer loyalty."

Will Lopes Vice President and General Manager, audible.com

"By adding the survey capabilities to chat, our May '08 release is the first on demand CRM solution to include complete enterprise feedback management capabilities that cover all customer touch points. Many of our consumer-centric clients are leveraging chat as an efficient and cost effective way to deliver superior customer experiences; by adding survey capabilities to our chat solution, we are helping these organizations get the very most value out of every customer interaction."

David Vap Vice President of Products, RightNow Technologies About RightNow Technologies

RightNow is a registered trademark of RightNow Technologies, Inc. NASDAQ is a registered trademark of the NASDAQ Stock Market.

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

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

The risks and uncertainties referred to above include, but are not limited to, our ability to successfully market the benefits of our May 08 release, risks associated with our business model; the gain or loss of key customers; competitive pressures; our ability to expand operations; fluctuations in our earnings as a result of the impact of stock-based compensation expense; interruptions or delays in our hosting operations; breaches of our security measures; our ability to protect our intellectual property from infringement, and to avoid infringing on the intellectual property rights of third parties; our ability to manage and expand our partner relationships; and our ability to expand, retain and motivate our employees and manage our growth. Further information on potential factors that could affect our financial results is included in our Annual Report on Form 10-K, quarterly reports of Form 10-Q, and in other filings with the Securities and Exchange Commission. The forward-looking statements in this release speak only as of the date they are made. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.

RightNow Technologies

CONTACT: Katie O'Connell of RightNow Technologies, +1-925-674-1487,
Cell, +1-510-304-3707, koconnell@rightnow.com

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

Trintech Named 'Cool Vendor' in Compliance and Risk Management by Leading Analyst FirmVendors Selected for the 'Cool Vendor' Report are Innovative, Impactful, and Intriguing

DALLAS and DUBLIN, Ireland, May 27 /PRNewswire-FirstCall/ -- Trintech Group Plc , a leading global provider of integrated financial governance, transaction risk management, and compliance solutions, today announced that it has been named a "Cool Vendor" in the Gartner report titled "Cool Vendors in Compliance and Risk Management, 2008", published on April 24, 2008.

Trintech was included in the report by Gartner analyst John E. Van Decker, et al. The report asserts "firms that are focusing their GRC efforts on the office of finance and want to bring in more innovative approaches to financial governance should consider best-of-breed applications and ERP offerings in this emerging market."

Trintech's financial governance solutions help clients: gain greater control, visibility, and efficiency across financial processes; improve financial performance through stronger management of revenue and cost cycles; ensure the accuracy and integrity of financial data, thereby reducing the risk of material weaknesses and restatements; and drive immediate efficiencies and cost reductions in financial operations through automation and scalability.

The report further asserts that "in the office of finance, there has been a focus on transactional excellence through the deployment of ERP solutions; however, many companies have had issues with compliance and need to take an end-to-end/holistic view on financial governance that these applications can provide."

"It's very gratifying to have Gartner evaluate the unique value our innovative technology provides the office of finance. We believe this is recognition and a vote of confidence in our approach to delivering best in class, end-to-end financial governance solutions that address the specific requirements of organizations worldwide," said John Harte, EVP and General Manager for Trintech."

About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products, and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose. Gartner defines a cool vendor as a company that offers technologies or solutions that are: innovative -- enable users to do things they couldn't do before; impactful -- have, or will have, business impact (not just technology for the sake of technology); and intriguing -- have caught Gartner's interest or curiosity in approximately the past six months.

About Trintech Group

Trintech Group Plc is a leading provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech's recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.

Over 600 leading global organizations realize the benefits of Trintech's configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, Farmer's Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.

Trintech's technology enables our customers to ensure their internal financial processes are optimized, improve performance through stronger management of revenue and cost cycles, ensure the accuracy and integrity of financial data, improve the quality and efficiency of the financial close process, as well as reduce the risk of material weaknesses and restatements.

For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at http://www.trintech.com/ or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.

Trintech Press Contact: Dallas: Donna Martinez, Marketing Communications Manager, Trintech Tel. +1 972 739 1611. email:donna.martinez@trintech.com

Available Topic Expert(s): For information on the listed expert(s), click appropriate link. George Santillan http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=71376 John Harte http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=72105

Trintech Group Plc

CONTACT: Donna Martinez, Marketing Communications Manager of Trintech,
+1-972-739-1611, donna.martinez@trintech.com

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

Suntech Announces Strategic Investment in Shunda and 7GW Wafer Supply Agreement

Suntech Increases Total Silicon Secured in 2009 to Over 800MW

SAN FRANCISCO and WUXI, China, May 27 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. , one of the world's leading manufacturers of photovoltaic (PV) cells and modules, today announced that it has acquired a minority stake in Shunda Holdings Co. Ltd, a manufacturer of solar wafers based in China, from Actis, a leading private equity investor in emerging markets, and Waichun Investment Fund, for a total consideration of $98.9 million.

Suntech also announced that a definitive thirteen-year silicon wafer supply agreement has been signed with a subsidiary of Shunda Holdings Co. Ltd. Under the terms of the supply agreement, Shunda will supply Suntech specified annual volumes of silicon wafers with a total volume of approximately 7GW from 2008 to 2020.

Dr. Zhengrong Shi, Suntech's Chairman and CEO, said: "This strategic investment and long term supply agreement will be instrumental in the profitable and rapid growth of both Suntech and Shunda. This is another example of how we can leverage funds raised through our recent convertible notes offering to pursue strategic investments and high volume contracts that strengthen the long term cost structure of our business model. We believe that these transactions accelerate Suntech's path to grid parity and significantly enhance Suntech's long term cost competitiveness through better pricing and volume allocations. The multi-year commitment to purchase silicon similarly provides Shunda with the security and visibility to focus on expanding a world-class polysilicon plant."

Shunda produces silicon ingots and wafers and currently supplies a number of major producers of PV crystalline cells and modules. Shunda is in the final stages of building a world-class polysilicon plant in Yangzhou, Jiangsu province, China with a first phase capacity of 1,500 metric tons. Shunda intends to initiate production of solar grade polysilicon in the third quarter of 2008. The polysilicon plant will utilize the advanced Siemens production process, with a closed-loop recycling system, and employ equipment and engineering services from industry leading vendors including GT Solar Incorporated.

Dr. Shi remarked, "Located in our home province of Jiangsu, Shunda's proximity to Suntech will enhance the synergies that we can achieve by integrating polysilicon refinement right through to the manufacture of premium quality solar modules. Shunda's clear commitment to maintaining the highest environmental standards in the production of polysilicon was another key factor considered in the lead up to this partnership. We look forward to building a close and mutually supportive relationship with Shunda."

Mr. Yunda Ni, Shunda's CEO said, "We are delighted to enter this partnership with Suntech, a world leader in the solar industry. This long term contract will provide a stable foundation for Shunda to expand our polysilicon and wafer production facilities and help establish Shunda as a premier manufacturer of both polysilicon and silicon wafers. Our polysilicon plant is designed to employ proven technology and production techniques in order to achieve the highest standards of clean manufacturing. We look forward to making a growing contribution to the development of the solar industry."

Commenting on Suntech's improved silicon outlook, Dr. Shi continued, "The relatively small quantities of silicon wafers to be supplied in 2008 from Shunda will replace some of our higher-priced spot market silicon and will make an important contribution towards the completion of our 2008 production target of 530MW. With this long-term agreement, we are able to increase our silicon secured for 2009 by 50MW to 800MW of silicon with an average cost more than 20% below our average cost of silicon in 2007."

About Actis

Actis is a leading private equity investor in emerging markets. To date it has US$6.8bn of funds raised and significant investments in Africa, China, India, Latin America, South and South East Asia. Actis has over 120 investment professionals on the ground in 14 offices worldwide and has been investing exclusively in the emerging markets for 60 years.

About Shunda

Founded in 2003, Shunda has rapidly grown to become one of China's leading producers of mono-crystalline silicon ingots and wafers. Shunda is in the advanced stages of developing a world-class polysilicon plant in Yangzhou, Jiangsu Province China with a first phase capacity of 1,500 metric tons.

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/ .

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute ''forward-looking'' statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as ''will,'' ''expects,'' ''anticipates,'' ''future,'' ''intends,'' ''plans,'' ''believes,'' ''estimates'' and similar statements, and includes Shunda's ability to supply silicon wafers under the contract, and Suntech's ability to scale production rapidly and cost-effectively in order to meet the demand for solar products, and Suntech's ability to secure 800MW of silicon in 2009 at prices 20% below the average cost of silicon in 2007. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the performance of the parties under the agreement. Further information regarding these and other risks is included in Suntech's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Suntech does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

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

Suntech Power Holdings Co., Ltd.

CONTACT: In China: Rory Macpherson, Investor Relations, +86-510-8531-
8922, or rory@suntech-power.com; Or In the United States: Sanjay M. Hurry,
Vice President of The Piacente Group, Inc. (Investor Relations Counsel,
Suntech), +1-212-481-2050, or suntech@tpg-ir.com

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

Giant Interactive Resumes Full Operation of All Game Servers

SHANGHAI, China, May 27 /Xinhua-PRNewswire-FirstCall/ -- Giant Interactive Group (NYSE: GA; or ''the Company'') announces that it resumed full and normal operation of all game servers as of 0:00 am on May 22, 2008 Beijing Time, following observance of a three-day mourning period for the victims of the Sichuan earthquake. Concurrent user levels have returned to levels reported prior to the earthquake.

Based on the current outlook, Giant continues to expect to generate total net revenues for the second quarter of 2008 in the range of RMB495 million to RMB505 millions, as initially provided during the Company's most recent earning report.

About Giant

Giant is one of China's leading online game developers and operators in terms of revenues, focusing on massively multiplayer online role playing games. Giant's first game, ZT Online, was voted the most popular online game in China in 2006 according to the International Data Corporation. The Company's second game, Giant Online, entered into open beta testing on March 28, 2008. Giant has two additional online games that it intends to commercially launch, including King of Kings III and Empire of Sports. Giant has built a nationwide distribution network to sell the prepaid game cards and game points required to play its games, which as of March 31, 2008 consisted of over 270 distributors, and reached over 116,500 retail outlets, including internet cafes, software stores, supermarkets, bookstores, newspaper stands, and convenience stores located throughout China. For more information, please visit Giant Interactive Group on the web at http://www.ga-me.com/ .

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934 relating to, among other things, Giant's revenue projections for the second quarter of 2008. Giant's industry is highly competitive and it faces a number of risks including those outlined under ''Risk Factors'' beginning on page 12 of Giant's prospectus filed with the Securities and Exchange Commission on November 1, 2007. Giant undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release. Such information speaks only as of the date of this release.

For more information, please contact: Investor Contact: Eric He, CFO Giant Interactive Group Inc. Tel: +86-21-6451-5001 Investor Relations (HK): Ruby Yim Taylor Rafferty Tel: +852-3196-3712 Investor Relations (US): Mahmoud Siddig Taylor Rafferty Tel: +1-212-889-4350 Media Contact: John Dudzinsky Taylor Rafferty Tel: +1-212-889-4350

Giant Interactive Group

CONTACT: Investor Contact, Eric He, CFO of Giant Interactive Group Inc.,
+86-21-6451-5001; or Investor Relations (US), Mahmoud Siddig, +1-212-889-4350;
or Investor Relations (HK), Ruby Yim, +852-3196-3712; or Media Contact, John
Dudzinzky, +1-212-889-4350, all of Taylor Rafferty, for Giant Interactive
Group Inc.

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

China Information Security Technology, Inc. Management Presided Over Closing Bell at NASDAQ

SHENZHEN, China, May 27 /Xinhua-PRNewswire-FirstCall/ -- China Information Security Technology, Inc., ("China Information Security", "CIST" or the "Company"), a leading provider of Information Security and 3S (Geographic Information System -- GIS, Global Positioning System -- GPS and Remote Sensing -- RS) services in China, today announced that the Company's executive management presided over the closing bell at the NASDAQ MarketSite in New York City's Times Square on Friday, May 23, 2008 to celebrate the Company's listing on the NASDAQ Global Select Market.

China Information Security's Chairman and CEO, Mr. Jiang Huai Lin, along with key members of senior management, NASDAQ executives and members of the investment community participated in the ceremony.

"This was a tremendous honor for us as well as a great reward for our shareholders," commented Mr. Jiang Huai Lin, CEO of China Information Security. "We look forward to the many opportunities ahead of us as we consolidate the information security market in China. This listing on NASDAQ should provide our shareholders with greater visibility among the investment community and enable a lower cost of capital."

About China Information Security Technology, Inc.

Through its wholly-owned Chinese subsidiary, China Information Security is focused on the development and implementation of large scale, high-tech information security and 3S ("Geographic Information System -- GIS, Global Positioning System -- GPS and Remote Sensing -- RS") related projects. The Company provides a broad portfolio of fully integrated solutions and services, including Information Security (First Responder Coordination Platform, Intelligent Border Control System and Residence Card Information Management System), 3S (GIS, GPS and RS), and Product Sales and Services. Through its exclusive contractual arrangement with iASPEC Software Company Limited (iASPEC), China Information Security has the licenses to numerous registered and copyrighted software applications in China. In addition, iASPEC is considered the Company's variable interest entity, and its financial data and information is consolidated into the Company's accounts. To learn more about the Company, please visit the corporate website at http://www.chinacpby.com/ .

Safe Harbor Statement

This press release may contain certain "forward-looking statements" relating to the business of China Information Security Technology, Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding the general ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov/). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

For more information, please contact: Company Contact: Mr. Michael Lin Vice President, Investor Relations China Information Security Technology, Inc. Tel: +1-949-743-0868 Email: mlin@cistchina.com Investor Relations Contact: Mr. Crocker Coulson President CCG Elite Investor Relations Tel: +1-646-213-1915 (NY office) Email: crocker.coulson@ccgir.com Web: http://www.ccgelite.com/

China Information Security Technology, Inc.

CONTACT: Company Contact: Mr. Michael Lin, Vice President of Investor
Relations of China Information Security Technology, Inc., +1-949-743-0868, or
mlin@cistchina.com; Or Investor Relations Contact: Mr. Crocker Coulson,
President of CCG Elite Investor Relations for China Information Security
Technology, Inc., +1-646-213-1915 (NY office), or crocker.coulson@ccgir.com

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

Waytronx's Recent Acquisition, CUI, Inc., Reports Record Results for the First Quarter 2008CUI Reports a Dramatic 106% Increase in Net Income, and 25% Increase in Revenues to $6.23 Million

TUALATIN, Ore., May 27 /PRNewswire-FirstCall/ -- Waytronx, Inc. (OTC Bulletin Board: WYNX), the leading provider of openly licensable advanced systems cooling solutions, today announced that its wholly owned subsidiary, CUI, posted record first quarter results for the three months ended March 31, 2008.

CUI's revenue increased 25% to a record $6.23 million for the first quarter of fiscal year 2008 compared to $4.98 million in the first quarter of 2007. A strong focus on operational efficiencies and gross margin improvements translated the double-digit revenue growth into a 106% increase in net income. CUI also reported gross margins of 40% in the first quarter fiscal 2008.

"We are particularly encouraged by these record-setting numbers, especially since the first quarter is seasonally one of the slower sales periods for CUI due to the Chinese New Year holiday," said William Clough, CEO of Waytronx. "The results reflect on CUI's success at delivering shareholder value and superior customer service, and support the potential for strong growth for the rest of the year."

About CUI, Inc.

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

About Waytronx, Inc.

Waytronx, Inc. has pioneered and is commercializing innovative thermal management solutions capable of revolutionizing the semiconductor, solar and electronic packaging industries, among others. Utilizing its patented WayCool(TM) hybrid mesh architecture, Waytronx can enhance system performance and remove thermal barriers caused by "microwarming" in today's advanced computing devices. The Company's proprietary central and graphics processor solutions, solar energy cooling solutions and power supply cooling solutions deliver more cost effective and efficient thermal management to the industry. Waytronx changed its name from OnScreen Technologies in December 2007. Waytronx acquired CUI, Inc. in May 2008. For more information, please visit http://www.waytronx.com/.

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

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

Waytronx, Inc.

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

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

Summer Travelers Gear Up to Hit the Roads and the SkyLatest Expedia Travel Trendwatch Showcases Savvy Ways to Plan a Value Vacation

BELLEVUE, Wash., May 27 /PRNewswire-FirstCall/ -- Expedia(R), the world's leading online travel company, today released the new issue of the quarterly Expedia Travel Trendwatch(R), focused on the upcoming summer travel season. The report highlights how some popular summer destinations are actually cheaper this year and gives advice on how to offset other rising travel costs. "The summer vacation is a cherished American tradition, and travelers are looking to share these experiences while making the most of their vacation budget," said Chris McGinnis, editor, Expedia Travel Trendwatch. "There are lots of affordable vacation options available this summer with many families finding their adventure in a road trip to a nearby beach."

Key summer travel trends reported in the current issue of the Expedia Travel Trendwatch include:

1) I Want My Summer Vacation! -- Travelers will be more cautious with their spending and will be on the hunt for vacation values. -- To make this value vacation happen, travelers will try budget- conscious tactics, such as shortening the length of their trips, staying at less expensive hotels, having more picnics instead of expensive restaurant meals or driving instead of flying. 2) Know When and Where to Book -- Mid-week offers the best deals, versus travel on the weekend -- flights are generally less expensive on Tuesday, Wednesday or Thursday. -- Not all prices are up this year -- hotel rates in some "fly-to" destinations are down including Hawaii and Alaska. -- More hotels are willing to offer promotional rates this summer. 3) Latin America Increasingly Popular -- While perennial European favorites -- such as Rome, London and Paris -- remain popular with American travelers, there is growing interest in Latin American destinations -- such as Mexico, Puerto Rico and the Dominican Republic. -- The fastest growing Latin American destinations are more exotic, with more travel to Paraguay, Peru and Argentina. Argentina alone, according to the country's tourism office, saw the number of U.S. visitors grow 35 percent between 2005 and 2007. About Expedia Travel Trendwatch

Expedia Travel Trendwatch(R) is a quarterly report on consumer travel trends, plus insight and tips from Expedia.com(R), the world's leading online travel service, and Chris McGinnis, a 20-year travel industry veteran who is the editor of the report. McGinnis' travel industry insight and expertise, coupled with unparalleled travel intelligence from Expedia.com, can be found throughout each report, providing a treasure trove of data, trends, and tips designed to help empower and inform travelers.

About Chris McGinnis:

Chris McGinnis is the editor of the Expedia Travel Trendwatch. Prior to teaming up with Expedia in early 2006, McGinnis covered the travel beat in a variety of roles, from travel correspondent on CNN Headline News and travel columnist for the Atlanta Journal-Constitution and Entrepreneur magazine, to producer of special travel sections for Fortune magazine. Based in San Francisco, his is also a speaker, consultant and the author of two books on travel: The Unofficial Business Traveler's Pocket Guide and 202 Tips Even the Best Business Travelers May Not Know (McGraw-Hill).

About Expedia

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

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

Expedia, Inc.

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

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

HDR Increases Investment in Autodesk BIM SolutionsGlobal Architecture and Engineering Firm to Expand Use of BIM to Foster Interdisciplinary Design Collaboration and Increase Productivity

SAN RAFAEL, Calif. and BALTIMORE, May 27 /PRNewswire-FirstCall/ -- Autodesk, Inc. and Avatech Solutions, Inc. (BULLETIN BOARD: AVSO) today announced that HDR, Inc. is adding the Revit platform as one of its tools for building information modeling (BIM) to help increase productivity and foster greater interdisciplinary design collaboration across the firm. HDR has signed a three-year, multi-million dollar agreement that includes nearly 1,800 seats of Autodesk software plus consulting services from both Autodesk and Avatech Solutions. In addition to the Revit platform, the agreement also includes seats of AutoCAD Architecture and AutoCAD MEP software.

"HDR has been practicing BIM for more than three years," said Brandt Karstens, vice president, architecture director of systems for HDR. "The architectural practice is adding the Revit platform to fully embrace BIM's 3D modeling and database approach. Our Engineering practice is also using AutoCAD Architecture and AutoCAD MEP for our Water and Environmental and Resource Management Business Classes. The HDR management team sees this new agreement and Autodesk BIM solutions as keys to achieving our goal of becoming a completely BIM-based operation by 2010."

HDR is an employee-owned architectural, engineering and consulting firm with more than 6,800 professionals in over 150 locations worldwide. The firm is recognized for its expertise in a wide range of diverse project areas from healthcare and nanotechnology architecture to transportation, water/wastewater and environmental engineering. In addition to commercial projects, HDR's clients also include major federal government agencies such as the U.S. Army Corps of Engineers and the National Park Service. Utilizing the Autodesk platforms will help HDR continue to facilitate design collaboration throughout the firm and improve overall services by identifying constructability problems earlier in the design process, helping to reduce delays, and materials costs.

BIM is an integrated workflow built on coordinated, reliable information about a project from design through construction and into operations. By adopting BIM, architects, engineers, contractors and owners can easily create coordinated, digital design information and documentation; use that information to accurately visualize, simulate, and analyze performance, appearance and cost; and reliably deliver the project faster, more economically and with reduced environmental impact.

For a decade, Avatech Solutions, an Autodesk Premier Solutions Provider, has been helping HDR achieve their business objectives through innovative technology solutions. Avatech introduced the BIM concept to HDR, and now Avatech is partnering with Autodesk to accelerate HDR's transition to the Autodesk platforms. The two companies will collaborate on implementation planning, resource allocation and monitoring of progress toward attaining the goals envisioned by HDR.

"Avatech is a long-time advisor to industry leaders like HDR because our team is always thinking about how to leverage best-of-breed technologies to create significant improvements in business processes," says George Davis, president and CEO of Avatech Solutions. "Our deep-rooted industry experience, balanced with unrivaled technology expertise, will continue to enable us to propel businesses who want to raise the bar within their industry. We look forward to working with HDR for at least another ten years."

"HDR shares Autodesk's vision for BIM as the ideal process for integrated project delivery," said Jay Bhatt, senior vice president, Autodesk AEC Solutions. "We're particularly pleased to see leading firms such as HDR use our Revit platform, along with other Autodesk BIM solutions such as AutoCAD Civil 3D, to create a inter-discipline BIM practice that spans civil engineering, architecture, MEP engineering and construction."

About Avatech Solutions

Avatech Solutions, Inc. (OTCBB: AVSO) is America's leading professional services company for design and engineering technologies. Avatech advances the way organizations design, develop, and manage building, infrastructure, and manufacturing projects. Fortune 500 and Engineering News Record's Top 100 companies work with Avatech to gain a competitive advantage through technology consulting, implementation, training, and support services. As one of the world's largest integrators of Autodesk software, Avatech designs systems that accelerate innovation while improving quality and profitability. For more information please visit http://www.avatech.com/.

About Autodesk

Autodesk, Inc. is the world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit http://www.autodesk.com/.

Autodesk, AutoCAD and Revit are registered trademarks or trademarks of Autodesk, Inc., in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders. Autodesk reserves the right to alter product offerings and specifications at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050415/SFF034LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Autodesk, Inc.

CONTACT: Noah Cole of Autodesk, Inc., +1-503-707-3872,
noah.cole@autodesk.com

Web site: http://www.autodesk.com/
http://www.avatech.com/

Varian Medical Systems to Develop Interface Between the ARIA(TM) Oncology Information System and the Monarch250(TM) Proton Radiotherapy System From Still River Systems

PALO ALTO, Calif., May 27 /PRNewswire-FirstCall/ -- Varian Medical Systems and Still River Systems, Inc. today announced an agreement to develop an interface between Varian's ARIA(TM) Oncology Information System and Still River's Monarch250(TM) Proton Beam Radiotherapy (PBRT) System.

"ARIA is a powerful oncology information system that manages the clinical processes unique to radiotherapy treatments for cancer," said Corey Zankowski, Varian's senior director for product management. "In addition to providing a complete electronic medical record for oncology, ARIA is exceptional at recording and verifying the numerous treatment parameters and instruction sets required for complex radiotherapy treatments. Varian is committed to creating a completely open environment and ensuring connectivity between ARIA and most commonly-used radiation delivery devices, including proton treatment systems. As such, Varian is pleased to be developing, with the support of Still River, an interface with the Monarch250 proton therapy system."

"It is Varian's aim to bring the familiar workflow, look and feel of ARIA into the proton environment, to ease the transition of staff from conventional radiotherapy to proton therapy," adds James DeFilippi, Varian's business manager for integrated proton solutions.

Still River Systems will provide technical assistance to Varian engineers, who will develop the interface to allow important "record and verify" functionality across the two systems.

"We are developing the Monarch250 proton therapy system to support existing clinical processes. The Monarch250 ARIA interface will allow cancer centers to integrate proton therapy within their existing radiation therapy practices," adds Skip Rosenthal, PhD, Still River Systems vice president, clinical systems.

Any new ARIA interface that facilitates "record and verify" functions with new radiotherapy delivery technologies are subject to 510(k) clearance by the FDA, and would need such clearance prior to any clinical deployment.

About Still River Systems

Still River Systems, based in Littleton, Massachusetts, is dedicated to providing physicians and their patients access to high quality, cost-effective proton therapy solutions, and to help establish this superior treatment modality as a standard of care for patients worldwide. Still River Systems is developing the Monarch250, an affordable, precise and compact proton therapy system for cancer treatment. This system has not yet been cleared by the FDA for commercial use in clinical therapy. For more information on Still River Systems and the Monarch250 Proton Therapy System, please call 978-540- 1500 or visit their website @ http://www.stillriversystems.com/.

About Varian Medical Systems

Varian Medical Systems, Inc., of Palo Alto, California, is the world's leading manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. The company supplies informatics software for managing comprehensive cancer clinics, radiotherapy centers and medical oncology practices. Varian is a premier supplier of tubes and digital detectors for X-ray imaging in medical, scientific, and industrial applications and also supplies X-ray imaging products for cargo screening and industrial inspection. Varian Medical Systems employs approximately 4,600 people who are located at manufacturing sites in North America and Europe and in its 60 sales and support offices around the world. For more information, visit http://www.varian.com/.

FORWARD LOOKING STATEMENTS

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which provides a "safe harbor" for these types of statements. These forward-looking statements regarding future business, events, plans, objectives, expectations, and other similar matters, including, but not limited to, statements using the terms "is committed to creating," "ensuring," and "are developing," "will allow," and "would need" are subject to risks and uncertainties that could cause the actual results of Varian Medical Systems, Inc. to differ materially from management's current expectations. These risks and uncertainties include, without limitation, product demand and market acceptance risks; technological innovation, development of new generation of products and enhancements to existing products; the ability to procure appropriate FDA clearances for new products; and other risks detailed in Varian Medical Systems, Inc. filings with the Securities and Exchange Commission. Varian Medical Systems, Inc. assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contact: Meryl Ginsberg Varian Medical Systems 650-424-6444 meryl.ginsberg@varian.com

Varian Medical Systems

CONTACT: Meryl Ginsberg of Varian Medical Systems, +1-650-424-6444,
meryl.ginsberg@varian.com

Web site: http://www.varian.com/
http://www.stillriversystems.com/

UTStarcom Selected to Build New NGN Voice Network for Tiscali ItaliaUTStarcom to Provide Softswitch-based NGN System to Support Network Growth and Expansion in Italy

ALAMEDA, Calif., May 27 /PRNewswire-FirstCall/ -- UTStarcom, Inc. , a global leader in IP-based, end-to-end networking solutions and services, today announced the successful network launch of the new Next Generation Network (NGN) softswitch provided by UTStarcom to Tiscali Italia, the Italian operation of Tiscali. Tiscali Italia is one of the main independent telecommunication companies in Europe.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO)

Tiscali Italia is experiencing rapid growth on its broadband network in its major markets throughout Italy and has chosen UTStarcom for its mSwitchR NGN system as part of a new strategy. The strategy will enable Tiscali Italia to maintain and expand its current service support capability for direct access customers while ensuring low risk and reduced time to market for the rollout of new "triple play" services throughout the country.

"UTStarcom's softswitch-based NGN technology grants us network efficiency and rapid growth opportunities and permits us to supply POTS emulation service to our direct access customers today," said Mario Mariani, chief executive officer of Tiscali Italia. "UTStarcom's solution appears to be the most flexible in the market and best adapts to Tiscali's needs and network design."

"UTStarcom is proud to work with Tiscali in the transformation of its network," noted Youssef Kassissia, UTStarcom's vice president and managing director of the EMEA region. "Tiscali will serve its ambitious growth plans using UTStarcom's complete next generation solution architecture including multi-service access, soft switching, integrated network management and a multitude of advanced services and applications. The deployment provides further proof of Tiscali's complete confidence in UTStarcom to provide reliable solutions that integrate seamlessly into their network."

"We believe the NGN market will grow at double digit CAGR from 2007 - 2011," noted Stephane Teral, Principal Analyst, Service Provider VoIP, IMS, and Mobile Infrastructure, Infonetics Research. "Service providers have been transitioning their Class 4 networks to IP for some time but transition of Class 5 networks to IP is a more recent phenomenon as the complexity is much higher. UTStarcom continues to show momentum with Class 5 solutions with PLDT in the Philippines, the recent Jersey Telecom deployment and now with Tiscali in Europe."

About Tiscali

Tiscali S.p.A. (Borsa Italiana, Milan: TIS) is one of the main independent European telecommunication companies. With one of the largest and most interconnected IP networks in the world, Tiscali is able to supply its customers, residential and business, with a full range of services: Internet access, both dial-up and ADSL, voice, VoIP, IPTV, media, value added services (VAS), and other technologically advanced products.

At 31 March 2008, Tiscali counted both in Italy and the UK a total of 3.5 million active users. Of these, approximately 2.45 million were ADSL subscribers.

Tiscali's corporate website can be found at http://www.tiscali.com/. About UTStarcom, Inc.

UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company develops, manufactures and markets its broadband, wireless, and terminal solutions to network operators in both emerging and established telecommunications markets worldwide. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. UTStarcom was founded in 1991 and is headquartered in Alameda, California, the company has research and development centers in the USA, Canada, China, Korea and India. For more information about UTStarcom, visit the company's Web site at http://www.utstar.com/.

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

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding UTStarcom's expectations, beliefs, intentions or strategies regarding the future and including, without limitation, number of expected subscribers; possible delays in system deployments; the termination of new contracts, partnerships or alliances; and changes in government regulation and licensing requirements.

All forward-looking statements included in this document are based upon information available to UTStarcom as of the date hereof, and UTStarcom assumes no obligation to update any such forward-looking statements. Forward- looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These risks and other risks relating to UTStarcom's business are set forth in the documents filed by UTStarcom with the Securities and Exchange Commission, specifically its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and amendments thereto.

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

CONTACT: Darleen DeRosa, Senior Director, Corporate Public Relations of
UTStarcom, Inc., +1-510-769-2830, darleen.derosa@utstar.com; or Sara Zavala,
Senior Account Executive of Edelman, +1-702-644-2465, sara.zavala@edelman.com,
for UTStarcom, Inc.

Web site: http://www.utstar.com/
http://www.tiscali.com/

AnalogicTech Announces Industry's First 2A Flash Driver IC Capable of Delivering High-Intensity WLED Lighting for Camera PhonesInnovative Boost Converter Manages Supercapacitor to Deliver High Peak Flash LED Current

SANTA CLARA, Calif., May 27 /PRNewswire-FirstCall/ -- Advanced Analogic Technologies Inc. (AnalogicTech) , a developer of power management semiconductors for mobile consumer electronic devices, announced today the AAT1282, the industry's first 2A flash LED driver IC capable of delivering high intensity light from White LEDs (WLEDs). Combining a high frequency boost converter with fixed input current limiting, dual output regulated current sinks and I2C control, the new device uses a supercapacitor to deliver the high peak current needed to support the high intensity flash required for mobile phones featuring cameras with resolutions of 5 Megapixel and higher while protecting the battery.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050829/SFTU089LOGO)

"Several LED vendors have announced products which approach the light intensity of a conventional Xenon flash, the de facto yet bulky standard in today's high-resolution digital still cameras or smartphones," says Phil Dewsbury, product line director for AnalogicTech. "But the adoption of LED flash in portable applications has until now been limited due to the high levels of battery current, forward voltage, and peak current required to produce this intensity. By storing the output of a boost convertor in a high-capacity supercapacitor, the AAT1282 allows designers to use WLEDs to deliver the high-intensity light needed for flash and video applications in high megapixel cameras without draining or damaging the battery."

Current Limit Protection

Operating across a 2.7 to 5.5-V input, the AAT1282 is designed for LED photo flash applications in a variety of single-cell Li-ion powered products. The high efficiency, high current step-up converter features two output current sinks each providing a regulated 1A current. The two LED current sources share the output current equally. They can be connected together to apply full 2A output current into a single white LED or each diode can be connected to its corresponding current source and the driver can provide two independently-controlled 1A outputs.

Designed specifically to charge a supercapacitor, the step-up converter features an integrated fixed input current limiter to limit the battery current and to avoid large voltage drops that can cause the phone to reset. Current limit is set at 800 mA for the AAT1282, but other values can be requested. The step-up converter also helps minimize end product footprint by operating at a high 2 MHz switching frequency which allows the use of a compact 1uH inductor and 2.2uF output capacitor.

"The AAT1282 is a supercapacitor-optimized LED flash driver that allows device designers to harness supercapacitor power-boosts into high-resolution WLED flash units that far outshine standard battery-powered ones and rival Xenon flash units," said Pierre Mars, vice president of applications engineering for thin-form-supercapacitor-pioneer CAP-XX. "The AAT1282 driver integrates all of the circuitry required to charge the supercapacitor, manage inrush current, and control LED current, thus saving development time, board space, and component cost."

The WLED driver uses an industry-standard I2C serial digital input to enable, disable and set the movie-mode (torch) current for each flash LED across 16 levels. The I2C interface is also used to set flash/movie-mode current ratio, output channel control and safety timer. Maximum flash and movie-mode current is set by a single external resistor. The ratio between flash and movie-mode current is preset at 7.3:1 but can be adjusted to a wide range of other values.

An independent flash enable is provided to initiate the flash operation and to control a default timer which can be used to terminate a flash event at the end of a user-programmed delay or as a safety feature to prevent the LED from over-dissipating in the event of a software failure.

The AAT1282 also features a true load disconnect function that isolates the load from the power source while in the OFF or disabled state. By guaranteeing <1.0 uA shutdown current, this feature essentially eliminates leakage current.

To protect the device in the event of an output short-circuit condition, the new driver IC also features an integrated thermal management system. Built-in circuitry prevents excessive inrush current during start-up.

Price and Availability

The AAT1282 is qualified across the -40 C to +85 degrees C temperature range. It is available in a 14-pin 3 x 3-mm TDFN package. The device sells for $1.75 in 1K quantities.

About AnalogicTech

Advanced Analogic Technologies, Inc. (AnalogicTech) is a supplier of Total Power Management(TM) semiconductor solutions for mobile consumer electronic devices, such as wireless handsets, notebook and tablet computers, smartphones, digital cameras, wireless LAN, and personal media players. The company focuses its design and marketing efforts on the application-specific power management needs of consumer, communications, and computing applications in these rapidly evolving devices. AnalogicTech also develops and licenses device, process, package, and application-related technology. AnalogicTech is headquartered in Santa Clara, California and Macau, S.A.R., with offices in China (Beijing, Shanghai and Shenzhen), Hong Kong, Taiwan, Japan, South Korea, Sweden, France and United Kingdom, as well as a worldwide network of sales representatives and distributors. The company is listed on the NASDAQ exchange under the ticker symbol AATI. For more information, please visit the AnalogicTech website: http://www.analogictech.com/. (AnalogicTech - G)

AnalogicTech and the AnalogicTech logo are trademarks of Advanced Analogic Technologies Incorporated. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders.

Photo: http://www.newscom.com/cgi-bin/prnh/20050829/SFTU089LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Advanced Analogic Technologies Inc.

CONTACT: Karolien Cools-Wittry of AnalogicTech, +1-408-737-4600,
karoliencw@analogictech.com; or Matthew Quint of Quint Public Relations,
+1-650-599-9450, mquint@quintpr.com; or Michelle Moody of Moody & Associates,
+1-214-363-3460, michellemoody@charter.net, both for Advanced Analogic
Technologies Inc.

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

OTI Reports FY 2008 First Quarter Financial ResultsRevenues $9.3 Million; Non GAAP Operating Expenses Down by 24% from Fourth Quarter 2007 to $7.3 million

FORT LEE, N.J., May 27 /PRNewswire-FirstCall/ -- On Track Innovations Ltd. (OTI) , a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, today announced its consolidated financial results for the first quarter ended March 31, 2008. Revenues for the quarter ended March 31, 2008 were $9.3 million, a decrease of 10% compared to $10.4 million in the same period last year. Non GAAP operating expenses were $7.3 million, a decrease of 24% compared to the fourth quarter of 2007. Gross margin for the quarter ended March 31, 2008 was 32% compared to 39% in the same period last year.

"We are in the process of reducing our operating expenses and increasing the pipeline of projects that can yield high margin recurring revenues and provide short and midterm growth. We believe these steps will pave a clear path to profitability for OTI," said Oded Bashan, Chairman and CEO, OTI. "We see the first signs of our cost cutting plan in the level of operating expenses, which was down from the fourth quarter of 2007. This is just the beginning of the process and we continue to take the necessary steps in reducing our headcount, focusing on the necessary expenses only, cutting down on professional services and shifting them in house to further reduce our operating expenses."

"As we've indicated before, it is our belief that most of the significant delays are behind us and we are confident about the growth of the company," said Mr. Bashan. "We continue to estimate that 2008 will be a turning point year in terms of the overall performance, showing a clear path to profitability, improved gross margins, and reduction in cash based expenses, and overall will reflect a revenue growth of about 10% compared to 2007 with growth expected in the second half of the year."

Conference call and Webcast Information

The Company has scheduled a conference call and simultaneous Webcast for Tuesday, May 27, 2008, which will be hosted by Oded Bashan, Chairman and CEO, Ohad Bashan, President, and Guy Shafran, CFO, for 9:00 AM EDT to discuss operating results and future outlook. To participate, call: 1-866-527-8676 (U.S. toll free), 1-800-270-345 (Israel toll free), 0-800-182-6846 (Germany toll free). To listen to the Webcast, use the following link: http://www.otiglobal.com/content.aspx?id=226 For those unable to participate, the teleconference will be available for replay until midnight June 3rd, by calling U.S.: 1-888-782-4291 and on the web at: http://www.otiglobal.com/content.aspx?id=226

Use of Non-GAAP Financial Information

In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, OTI uses non-GAAP measures of gross profit, net income and earnings per share, which are adjustments from results based on GAAP to exclude non-cash equity-based compensation charges in accordance with SFAS 123( R ) and EITF 96-18, and amortization of intangible assets in 2008 and exclude non-cash equity-based compensation charges in accordance with SFAS 123( R ), and amortization of intangible assets in 2007 . OTI management believes the non-GAAP financial information provided in this release provides meaningful supplemental information regarding our performance and enhances the understanding of the Company's on-going economic performance. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. Management uses both GAAP and non-GAAP information in evaluating and operating the business and as such deemed it important to provide all this information to investors.

About OTI

Established in 1990, OTI designs, develops and markets secure contactless microprocessor-based smart card technology to address the needs of a wide variety of markets. Applications developed by OTI include product solutions for petroleum payment systems, homeland security solutions, electronic passports and IDs, payments, mass transit ticketing, parking, loyalty programs and secure campuses. OTI has a global network of regional offices to market and support its products. The company was awarded the Frost & Sullivan 2005 and 2006 Company of the Year Award in the field of smart cards.

For more information on OTI, visit http://www.otiglobal.com/, the content of which is not part of this press release.

OTI Contact: Investor Relations: Galit Mendelson Paul Holm Director of Corporate Communications portfoliopr 201 944 5200 ext. 111 212 888 4570 galit@otiglobal.com paulh@portfoliopr.biz (TABLES TO FOLLOW) Safe Harbor for Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Whenever we use words such as "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions, we are making forward-looking statements. Because such statements deal with future events and are based on OTI's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of OTI could differ materially from those described in or implied by the statements in this press release. For example, forward-looking statements include statements regarding our goals, beliefs, estimates, cost cutting plan and pipeline of projects, future growth strategies, objectives, plans or current expectations. Forward-looking statements could be impacted by the effects of the protracted evaluation and validation period in the U.S. contactless payment cards market, our inability to successfully integrate the purchase of assets of SuperCom or to otherwise achieve the expected benefits of the acquisition, to close to due a failure to satisfy closing conditions, market acceptance of new and existing products and our ability to execute production on orders, as well as the other risk factors discussed in OTI's Annual Report on Form 20-F for the year ended December 31, 2007, which is on file with the Securities and Exchange Commission. Although OTI believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Except as otherwise required by law, OTI disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events or circumstances or otherwise.

ON TRACK INNOVATIONS LTD CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (In thousands, except share and per share data) Three months ended March 31 2008 2007 (Unaudited) (Unaudited) Revenues Sales $8,746 $9,498 Licensing and transaction fees 575 877 Total revenues 9,321 10,375 Cost of Revenues Cost of sales 6,338 6,342 Total cost of revenues 6,338 6,342 Gross profit 2,983 4,033 Operating Expenses Research and development 2,997 2,594 Selling and marketing 2,377 1,872 General and administrative 3,594 3,808 Amortization of intangible assets 329 328 Total operating expenses 9,297 8,602 Operating loss (6,314) (4,569) Financial income (expenses), net (476) 597 Other loss, net - (111) Loss before taxes on income and minority interests (6,790) (4,083) Taxes on income 63 66 Minority interest - 42 Equity in loss of an affiliate (123) (120) Net loss $(6,850) $(4,095) Basic and diluted net loss per ordinary share $(0.35) $(0.22) Weighted average number of ordinary shares used in computing basic and diluted net loss per ordinary share 19,424,970 18,341,227 ON TRACK INNOVATIONS LTD RECONCILIATION BETWEEN GAAP TO NON-GAAP STATEMENT OF OPERATIONS (In thousands, except share and per share data) Three months ended March 31, 2008 GAAP Adjustments Non-GAAP Revenues Sales $8,746 - $8,746 Licensing and transaction fees 575 - 575 Total revenues 9,321 9,321 Cost of Revenues Cost of sales 6,338 (15) (a) 6,323 Total cost of revenues 6,338 (15) 6,323 Gross profit 2,983 15 2,998 Operating Expenses Research and development 2,997 (805) (a) 2,192 Selling and marketing 2,377 (290) (a) 2,087 General and administrative 3,594 (574) (a) 3,020 Amortization of intangible assets 329 (329) (b) - Total operating expenses 9,297 (1,998) 7,299 Operating loss (6,314) 2,013 (4,301) Financial expenses, net (476) - (476) Loss before taxes on income and minority interests (6,790) 2,013 (4,777) Taxes on income 63 - 63 Equity in loss of affiliate (123) - (123) Net loss $(6,850) $2,013 $(4,837) Basic and diluted net loss per ordinary share $(0.35) $0.10 $(0.25) Weighted average number of ordinary shares used in computing basic and diluted net loss per ordinary share 19,424,970 19,424,970 (a) The effect of stock-based compensation in accordance with SFAS 123( R ) and EITF 96-18. (b) The effect of amortization of intangible assets. ON TRACK INNOVATIONS LTD RECONCILIATION BETWEEN GAAP TO NON-GAAP STATEMENT OF OPERATIONS (In thousands, except share and per share data) Three months ended March 31, 2007 GAAP Adjustments Non-GAAP Revenues Sales $9,498 - $9,498 Licensing and transaction fees 877 - 877 Total revenues 10,375 10,375 Cost of Revenues Cost of sales 6,342 (11) (a) 6,331 Total cost of revenues 6,342 (11) 6,331 Gross profit 4,033 11 4,044 Operating Expenses Research and development 2,594 (487) (a) 2,107 Selling and marketing 1,872 (72) (a) 1,800 General and administrative 3,808 (719) (a) 3,089 Amortization of intangible assets 328 (328) (b) 0 Total operating expenses 8,602 (1,606) 6,996 Operating loss (4,569) 1,617 (2,952) Financial income, net 597 - 597 Other expenses, net (111) - (111) Loss before taxes on income and minority interests (4,083) 1,617 (2,466) Taxes on income 66 - 66 Minority interests 42 - 42 Equity in loss of an affiliate (120) - (120) Net loss $(4,095) $1,617 $(2,478) Basic and diluted net loss per ordinary share $(0.22) $0.08 $(0.14) Weighted average number of ordinary shares used in computing basic and diluted net loss per ordinary share 18,341,227 18,341,227 (a) The effect of stock-based compensation in accordance with SFAS 123( R ). (b) The effect of amortization of intangible assets. ON TRACK INNOVATIONS LTD CONDENSED CONSOLIDATED BALANCE SHEET (In thousands, except share and per share data) March 31 December 31 2008 2007 (Unaudited) (Audited) Assets Current Assets Cash and cash equivalents $36,468 $35,470 Short-term investments 2,295 6,379 Trade receivables (net of allowance for doubtful accounts of $2,796 and $2,767 as of March 31, 2008 and December 31, 2007) 5,207 8,028 Other receivables and prepaid expenses 3,510 3,636 Inventories 12,856 13,242 Total current assets 60,336 66,755 Severance Pay Deposits Fund 1,812 1,576 Investment In An Affiliated Company 1,259 1,382 Property, Plant and Equipment, Net 20,497 20,851 Intangible Assets, Net 4,180 4,509 Goodwill 23,387 23,387 Total Assets $111,471 $118,460 ON TRACK INNOVATIONS LTD CONDENSED CONSOLIDATED BALANCE SHEET (In thousands, except share and per share data) March 31 December 31 2008 2007 (Unaudited) (Audited) Liabilities and Shareholders' Equity Current Liabilities Short-term bank credit and current maturities of long-term bank loans $5,616 $5,336 Trade payables 7,476 10,291 Other current liabilities 5,448 5,344 Total current liabilities 18,540 20,971 Long-Term Liabilities Long-term loans, net of current maturities 2,447 2,432 Accrued severance pay 4,463 3,981 Deferred tax liabilities 662 728 Total long-term liabilities 7,572 7,141 Total liabilities 26,112 28,112 Shareholders' Equity Ordinary shares of NIS 0.1 par value: authorized - 50,000,000 shares as of March 31, 2008 and December 31, 2007; issued 19,954,212 and 19,627,068 shares as of March 31, 2008 and December 31, 2007, respectively; Outstanding 19,823,946 and 19,434,011 as of March 31, 2008 and December 31, 2007, respectively 463 454 Additional paid-in capital 176,268 174,494 Accumulated other comprehensive income 924 846 Accumulated deficit (92,296) (85,446) Total shareholders' equity 85,359 90,348 Total Liabilities and Shareholders' Equity $111,471 $118,460 ON TRACK INNOVATIONS LTD CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (In thousands, except share and per share data) Three months ended March 31 2008 2007 (Unaudited) (Unaudited) Cash flows from operating activities Net loss $(6,850) $(4,095) Adjustments required to reconcile net loss to net cash used in operating activities: Stock-based compensation related to options and shares issued to employees and others 1,684 1,661 Equity in net losses of an affiliated company 123 120 Amortization of intangible assets 329 328 Depreciation 877 690 Minority interest - (42) Accrued severance pay, net 246 216 Decrease (increase) in trade receivables 2,888 (94) Decrease in other receivables and prepaid expenses 171 263 Decrease (increase) in inventories 509 (1,226) Decrease in trade payables (2,932) (175) Increase in other current liabilities 49 677 Other, net (17) (268) Net cash used in operating activities (2,923) (1,945) Cash flows from investing activities Proceeds from maturity of available-for sale securities 4,100 12,085 Purchase of available-for sale securities - (28,692) Purchase of property and equipment (389) (767) Receipts on account of loans and receivables - 84 Other, net 10 (19) Net cash provided by (used in) investing activities 3,721 (17,309) Cash flows from financing activities Increase in short-term bank credit, net 257 878 Repayment of long-term bank loans (107) (87) Exercise of options and warrants 9 3 Net cash provided by financing activities 159 794 Effect of exchange rate changes on cash 41 17 Increase (decrease) in cash and cash equivalents 998 (18,443) Cash and cash equivalents at the beginning of the period 35,470 30,049 Cash and cash equivalents at the end of the period $36,468 $11,606

On Track Innovations Ltd.

CONTACT: Galit Mendelson, Director of Corporate Communications of On
Track Innovations Ltd., +1-201-944-5200, ext. 111, or galit@otiglobal.com; or
Investor Relations, Paul Holm of portfoliopr, +1-212-888-4570, or
paulh@portfoliopr.biz

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

Current Technology's Celevoke and Travelers Inland Receive Media Coverage in Asset Management News

VANCOUVER, British Columbia, May 27 /PRNewswire-FirstCall/ -- Current Technology Corporation (OTCBB: CRTCF) reports Asset Management News has released the following article under the headline "Travelers Inland Turns to GPS to Stop Heavy Equipment Theft":

"Insurance provider Travelers Inland and its Risk Control Unit have developed an initiative with Celevoke that will allow Travelers customers to purchase Celevoke's LunarEYE Wireless Asset Tracking and Control systems at a discount. By teaming with Celevoke, Travelers hopes to reduce the likelihood and severity of losses for its customers by improving the security and tracking of construction and other heavy equipment.

'Travelers Inland is well aware that theft is a regular occurrence that plagues heavy equipment owners and trucking companies across the country,' says Joseph Tracy, chief underwriting officer, Travelers Inland. 'We want to proactively help manage our customers' risk. The losses these companies suffer affect both their balance sheets as well as ours. We are excited to work with Celevoke, as we see significant value and risk control benefits in the equipment recovery and management systems offered by the LunarEYE system.'

By utilizing GPS and other security and tracking technologies, customers can both reduce their losses and lower their premiums. Travelers has developed partnerships with a number of technology providers, such as LoJack, to provide discounts to its customers.

'If we see customers who have experienced losses, we promote that we can help them with risk control,' Tracy says. 'If they invest in these types of programs for their company, they can reduce losses and lower their rates.'

'Working with Travelers is a significant development for our company and we look forward to assisting Travelers and its insureds in reducing theft losses,' said Chuck Allen, Celevoke's CEO. 'As a leader in GPS tracking and asset recovery, it is important that we align ourselves with companies that understand our products and services and the benefits that we can bring to them and their customer base.'

Additionally, Celevoke will develop a secure Web site that will allow Travelers' customers to track, monitor and manage the equipment outfitted with Celevoke's proprietary GPS devices on a daily basis. In the event of a theft, the ability to track equipment can lead to faster recovery.

Heavy equipment theft is increasing in the United States, and several major theft rings have been uncovered in Ohio, Pennsylvania, Massachusetts and other states in the past few years. Reports to the Insurance Services Office (ISO) show an increase of up to 20% in the value of equipment thefts each year since 1996, with loses totaling hundreds of millions of dollars.

'This equipment is often left unattended at job sites, and a lot of dozers and backhoes have common keys, depending on the manufacturer,' says Chris Carey, risk control manager for Travelers Inland Marine. 'The penalties for stealing heavy equipment are generally minor compared to car theft. We've been supporting legislation to increase those penalties, as well as penalties for copper theft, which is also on the rise.'

When equipment goes missing, Travelers' specialty investigation group works with law enforcement to help track down stolen goods. 'Our recoveries are in the millions of dollars in stolen equipment to date through this group,' says Tracy. 'We've also prevented claims of another few million dollars as well, because the unit was able to recover goods before a claim was filed.'

Celevoke is participating in a number of Regional Heavy Equipment Theft Summits this year, and both Celevoke and Travelers are supporting the National Equipment Register (http://www.nerusa.com/) (NER) to increase recovery rates of stolen equipment."

The link to Asset Management News text is http://www.assetmgmtnews.com/content/view/555/6/ .

About Celevoke

Celevoke is poised to become a market leader in the projected $38.3 billion (by 2011) global market for Telematics (according to ABI Research), which is the integrated use of telecommunications and informatics. More specifically, it is the science of sending, receiving and storing information wirelessly via telecommunication devices. Celevoke has integrated Telematics and Global Positioning Systems (GPS) with sensing technology. This proprietary suite of hardware and software products enables users to remotely monitor, track, control and protect a wide variety of asset classes. Examples include people, automobiles and trucks, shipping containers and covert vehicles used for law enforcement and intelligence gathering in a global marketplace. In 2005, Celevoke acquired the assets of San Francisco based Televoke, Inc.; a telematics pioneer backed by Softbank Venture Capital, Cardinal Venture Capital, W.I. Harper Group and others, representing more than $15 million in funding. These assets provided the foundation for Celevoke's development of patented technology utilized today by Celevoke's many clients.

The news release contains forward-looking statements concerning the Company's business operations, and financial performance and condition. When used in the news release the words "believe," "anticipate," "intend," "estimate," "expect," "project," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. These forward-looking statements are based on current expectations and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that may cause such differences include but are not limited to technological change, regulatory change, the general health of the economy and competitive factors. Many of these factors are beyond the Company's control; therefore, future events may vary substantially from what the Company currently foresees. You should not place undue reliance on such forward-looking statements.

Current Technology Corporation

CONTACT: Corporate: Robert Kramer of Current Technology Corporation,
+1-800-661-4247; or Investors: Richard Hannon of Polestar Communications,
+1-866-858-4100; or Keith Fetter or Darren Bankston of Piedmont IR, LLC,
+1-678-455-3696

Web site: http://www.current-technology.com/
http://www.assetmgmtnews.com/content/view/555/6
http://www.nerusa.com/

RFMD(R) and SELEX GALILEO Announce Signing of Strategic Supply Agreement

GREENSBORO, North Carolina and LONDON, May 27 /PRNewswire/ --

- Strategic Supply Agreement for Aerospace & Defense Market Valued at Approximately US$20 Million Through 2013

RF Micro Devices, (Nasdaq: RFMD), a global leader in the design and manufacture of high-performance semiconductor components, and SELEX GALILEO, one of Europe's leading defense electronics suppliers, today announced the two companies have signed a strategic supply agreement. The strategic supply agreement expands upon a former agreement signed in 2001 between SELEX GALILEO and a division of the former Filtronic Compound Semiconductor Ltd, which was acquired by RFMD(R) on February 29, 2008.

The strategic supply agreement is expected to encompass multiple high performance semiconductor components, including GaAs pHEMT MMICs supporting electronically scanned (ESCAN) radar and Active Electronically Scanned Array (AESA) radar applications. As a result of the supply agreement the two companies expect RFMD will increasingly support SELEX GALILEO's delivery of a range of current and future state-of-the-art defense electronics programs. Accordingly, both companies anticipate the strategic supply agreement to be valued at approximately US$20 million through 2013.

Speaking recently at a special signing ceremony in London, Norman Bone, Senior Vice President, Radar and Advanced Targeting of SELEX GALILEO, said, "We operate in a highly competitive market so it is crucial that we align ourselves strategically with the best possible suppliers who will allow us to deliver on our challenging business goals. RFMD's diverse portfolio of state-of-the-art semiconductor technologies combined with their RF systems expertise made them an obvious choice for our company. We look forward to forging a stronger and more successful relationship."

Bob Van Buskirk, president of RFMD's Multi-Market Products Group, speaking at the signing ceremony, said, "We are very pleased to sign this strategic supply agreement and extend our relationship with SELEX GALILEO. SELEX GALILEO is one of Europe's leading defense electronics suppliers, and they are a highly valued customer for RFMD. As the industry leader in the development and manufacture of compound semiconductors and the industry leader in the design and manufacture of RF components, RFMD is uniquely positioned to support SELEX GALILEO's stringent requirements for high-performance semiconductor components."

RFMD expects to expand its aerospace & defense business in Europe and is strengthening its commitment to support European aerospace & defense customers with high-performance semiconductor components developed and manufactured in its Newton Aycliffe, UK-based subsidiary.

RFMD's Aerospace & Defense Business Unit delivers a broad product portfolio for multiple market segments, including radio and communications systems, radar systems, space systems, satellite and missile programs, telemetry and homeland security. Among RFMD's extensive product offerings are COTS amplifiers, high power amplifiers, high reliability amplifiers, low noise amplifiers, mixers, power dividers, transformers, VCOs and PLL modules. For more information about RFMD's Aerospace & Defense Business Unit, please see www.rfmd.com/aerospacedefense.

SELEX GALILEO is the brand adopted by Galileo Avionica SpA and SELEX Sensors and Airborne Systems Ltd, Finmeccanica companies to present a common identity to the market. With the name SELEX GALILEO, the two companies represent a leading defence electronics supplier, providing world-class capabilities in surveillance, protection, tracking, targeting, navigation & control, and imaging systems. Further details can be obtained at www.selexgalileo.com.

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

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

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

RF MICRO DEVICES(R) and RFMD(R) are trademarks of RFMD, LLC. All other trade names, trademarks and registered trademarks are the property of their respective owners.

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

RF Micro Devices

Doug DeLieto, VP, Investor Relations, +1-336-678-7968, or Jerry Neal, Executive Vice President, +1-336-678-7001, both of RFMD(R); or Donna McGrory, Tel, +44-131-343-5115, Mob, +44-7793-423082, donna.mcgrory@selexgalileo.com; or Solange Distefano Pozzuoli, Tel, +39-06-41883852, Mob, +39-335-7499374, solange.distefanopozzuoli@galileoavionica.it, both of SELEX GALILEO

Flotek Industries, Inc. Revises 2008 Earnings Guidance

HOUSTON, May 27 /PRNewswire-FirstCall/ -- Flotek Industries, Inc. , a technology-driven growth company serving the oil, gas, and mining industries, today revised its previously announced guidance for the year ending December 31, 2008. The Company revised earnings guidance to $1.12 to $1.22 per fully diluted share, as compared to prior guidance of $1.50 to $1.60 per fully diluted share, and 2007 fully diluted EPS of $0.88.

Although management's expectations for 2008 remain very positive, several factors were identified by management in reviewing first quarter 2008 earnings, the original guidance model, and current business conditions which prompted the revision. The rationale for the revisions fall into the following categories:

1. First Quarter performance 2. Fine tuning guidance assumptions 3. Operations Q1 performance

First Quarter performance was below management's estimates on which guidance was based and the Company does not feel it can recapture those earnings in the remainder of the year. As described in the first quarter press release and earnings call, a four month delay in parts for the downhole tools segment and higher corporate costs contributed to quarterly performance that was not in line with management's original estimates for the quarter. Revised guidance does not assume that this miss can be recaptured in the remaining three quarters.

Modeling

Revised guidance was impacted by a higher interest rate cost for the convertible debenture than originally assumed before credit market conditions worsened.

Operational

Chemical and Logistics -- The integration of production chemical services into CESI and the rollout of the production chemicals business unit to additional geographic areas has not progressed as quickly as originally planned, but is being addressed. Rising commodity prices have occurred, however, the price increase in our chemical division has been accepted and is now in place and offsetting feedstock cost increases. The expenditures for our international expansion of the chemicals business is resulting in a global infrastructure allowing the offering of a suite of all Flotek products.

Downhole tools -- As discussed in the earnings conference call, the rental tool division has seen cost cutting from competitors and after not participating in the cost cutting, the Company has begun competing on price in addition to service. This is currently impacting margins adversely. The impact of Teledrift has been as originally projected and the field operating profit is increasing in the downhole tool segment. Also the integration of CAVO downhole motors and Teledrift is proceeding as planned.

Artificial lift -- There have been limited revisions to the artificial lift segment although the inflation in salary costs in the oilfield continues to impact all divisions.

Corporate -- Third party professional fees were higher than originally budgeted and are being rigorously evaluated and monitored. Outside consultants have been or are being replaced with full time employees such as Head of Internal Audit and Head of Information Technology.

Jerry Dumas, Chairman of the Board, CEO and President reiterated, "As I stated in Flotek's first quarter earnings call, we have conducted a comprehensive analysis of our performance to date, revisited issues on the horizon for our Company, and decided to lower guidance for the year although our core business fundamentals remain sound. We look to continued growth in 2008 through the successful acquisition of Teledrift, improving margins in drilling tools, strong microemulsion product sales and the appointment of Steve Reeves as COO. Although revising downward, I look to another successful year of growth for Flotek."

About Flotek Industries, Inc.

Flotek is a global developer and distributor of innovative specialty chemicals, and downhole drilling and production equipment. Flotek manages automated bulk material handling, loading and blending facilities. It serves major and independent companies in the domestic and international oilfield service industry. Flotek Industries, Inc. is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK".

For additional information, please visit Flotek's web site at http://www.flotekind.com/.

Forward-Looking Statements:

This Press Release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc. business, financial condition, results of operations and prospects. Words such as expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this Press Release.

Although forward-looking statements in this Press Release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Factors that could cause or contribute to such differences in results and outcomes include, but are not limited to, demand for oil and natural gas drilling services in the areas and markets in which the Company operates, competition, obsolescence of products and services, the Company's ability to obtain financing to support its operations, environmental and other casualty risks, and the impact of government regulation. Further information about the risks and uncertainties that may impact the Company are set forth in the Company's most recent filings on Form 10-K (including without limitation in the "Risk Factors" Section) and Form 10-Q, and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this Press Release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this Press Release.

Flotek Industries, Inc.

CONTACT: Brian Shannon, +1-713-849-9911, bshannon@flotekind.com

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

[video] WallSt.net's '3 Minute Press Show' Features Executive Interviews and Highlights Recent Press for the Following: SYDI, ATB, AMXG, CNSO, NMKT

NEW YORK, May 27 /PRNewswire/ -- WallSt.net's 3-Minute Press Show is a daily video program hosted by WallSt.net reporter, Tracee Tolentino.

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

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

The following executives were interviewed on today's show: -- Brian Sorrentino, Chief Executive Officer of Syndication, Inc. (BULLETIN BOARD: SYDI) (http://www.spinaldecompression-md.com/) -- Pierre Fitzgibbon, Chief Executive Officer of Atrium Innovations, Inc. (TSX: ATB) (http://www.atrium-innov.com/) -- Cam Birge, Chief Executive Officer of AmMex Gold Mining Corp. (BULLETIN BOARD: AMXG) (http://www.ammexgoldmining.com/) -- Len Brandt, Chief Executive Officer of CNS Response, Inc. (BULLETIN BOARD: CNSO) (http://www.cnsresponse.com/) -- Philip Verges, Chief Executive Officer of NewMarket Technology, Inc. (BULLETIN BOARD: NMKT) (http://www.newmarkettechnology.com/) About WallStreet Direct, Inc.

WallStreet Direct, Inc. a wholly-owned subsidiary of Financial Media Group, Inc. (BULLETIN BOARD: FNGP) , owns and operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallSt TV (http://tv.wallst.net/), an online provider of business and finance video content; and WallStRadio (http://radio.wallst.net/) an online hub for business podcasts from well-known business news personalities and publishers. We have received six thousand five hundred twenty five dollars from NewMarket Technology, Inc. for media and advertising services in 2006. We have received ten thousand dollars from SyndicationNet.com, Inc. (previous corporate name for Syndication, Inc.) in 2005 for media and advertising services. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.

Contact WallSt.net 800-4-WALLST

WallStreet Direct, Inc.; Syndication, Inc.; Atrium Innovations, Inc.;

CONTACT: WallSt.net, 1-800-4-WALLST

Web site: http://www.spinaldecompression-md.com/
http://www.atrium-innov.com/
http://www.ammexgoldmining.com/
http://www.cnsresponse.com/
http://www.newmarkettechnology.com/
http://www.wallst.net/

Office Workers Can Get a Free Taste of a Whole New Way to Go GourmetProcter & Gamble Professional(R) Offers Samples of Folgers(R) Gourmet Selections(TM) via new Web site

CINCINNATI, May 27 /PRNewswire/ -- A little thing like a great cup of coffee can make a big difference in the workplace. That's why P&G Professional, the away-from-home division of Procter & Gamble , is offering office managers and employees a free sample of Folgers Gourmet Selections Lively Colombian coffee. The promotion is featured on a new Web site about the benefits of Folgers Gourmet Selections for the office.

Office managers and employees simply need to visit http://www.office.folgersgourmetselections.com/ to request a sample and explore the benefits of a branded, gourmet-inspired office coffee program for their workplace. In addition to requesting a sample of Lively Colombian coffee, office managers can receive up to a $60 rebate with the purchase of two cases of Folgers Gourmet Selections coffee.

Folgers Gourmet Selections gives office managers a whole new way to go gourmet by providing the gourmet-inspired taste and aroma employees are looking for, but without a hefty price tag.

"P&G Professional wants office employees across the country to experience premium coffee without a premium price," said Mark Benedict, assistant brand manager for P&G Professional. "Our sampling and rebate program make trying Folgers Gourmet Selections a little easier for office managers."

Folgers Gourmet Selections became available for offices across the United States in December 2007. Office managers can purchase the product in four varieties:

-- Morning Cafe - Light-bodied with a clean finish and a delicate, bright taste and aroma. Ground coffee available in regular. -- Lively Colombian - Distinctively rich and full-bodied taste of 100 percent Colombian beans. Ground coffee available in both regular and decaf. Whole beans available in regular. -- Espresso Roast - Full body and intense aroma with bold, rich taste and smooth finish. Ground coffee available in regular. -- Chocolate Truffle - Creamy-smooth and rich, with an irresistible chocolaty flavor. Ground coffee available in regular.

For additional information on Folgers Gourmet Selections for the office and to request a sample, visit http://www.office.folgersgourmetselections.com/ . For more information on P&G Professional coffee offerings, visit http://www.pgbrands.com/ or call 1-800-332-7787.

About P&G Professional

Procter & Gamble Professional(R) is the away-from-home division of Procter & Gamble, serving the foodservice, building cleaning and maintenance, hospitality and convenience stores industries. P&G Professional offers complete solutions utilizing its parent company's scale, trusted brands and strengths in market and consumer understanding. P&G Professional features such brands as Tide(R), Folgers(R), Dawn(R), Mr. Clean(R), Febreze(R), Swiffer(R), and its own brand, P&G Pro Line(TM). Please visit http://www.pgbrands.com/ for the latest information about P&G Professional's solutions.

About P&G

Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers(R), Tide(R), Ariel(R), Always(R), Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R), Gain(R) Pringles(R), Folgers(R), Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R), Actonel(R), Duracell(R), Olay(R), Head & Shoulders(R), Wella(R), Gillette(R), and Braun(R). The P&G community consists of almost 138,000 employees working in over 80 countries worldwide. Please visit http://www.pg.com for the latest news and in-depth information about P&G and its brands.

The Procter & Gamble Company

CONTACT: Laura Deaton, Wordsworth Communications, +1-513-271-7222 ext.
15, for The Procter & Gamble Company

Web site: http://www.office.folgersgourmetselections.com/
http://www.pgbrands.com/

Northern Technologies International Corporation Launches Natur-Tec(TM) Business UnitStrong sales for biodegradable and biobased plastics reflect the growing demand for environmentally sustainable alternatives to conventional petroleum-based plastics

MINNEAPOLIS, May 27 /PRNewswire-FirstCall/ -- Northern Technologies International Corporation has recently launched a new business unit, Natur-Tec(TM). Natur-Tec biobased and biodegradable plastics are manufactured using NTI patented and/or proprietary technologies and are intended to replace conventional petroleum-based plastics. The exceptionally broad Natur-Tec bioplastics portfolio spans flexible film, foam, rigid injection molded materials and engineered plastics. Natur-Tec biodegradable and compostable finished products, such as shopping and grocery bags, lawn and leaf bags, can liners, pet waste collection bags, cutlery, packaging foam and coated paper products, are engineered to be fully biodegradable in a composting environment. Unlike the competing plastic products claiming to be 'degradable' or 'oxo-degradable' that only break down into smaller plastic fragments, Natur-Tec products will completely biodegrade within 180 days in accordance with the ASTM D6400 standard for compostable plastics and are certified 100 percent biodegradable and compostable by the Biodegradable Products Institute. For more information, visit (http://www.bpiworld.org/).

"The growing concern about oil use and plastic waste is translating into action," said Patrick Lynch, CEO of NTI. "We're proud to say that one solution to the global waste problem is coming right out of the Midwest. Companies everywhere are looking for ways to go green and Natur-Tec biodegradable and biobased products help them achieve those objectives." Whether it's a school district in Minnesota using Natur-Tec biodegradable bags for composting food waste, an Ohio-based company distributing millions of pieces of biodegradable cutlery or high-end hotel chains in Asia replacing conventional plastic bags with biodegradable bags, Natur-Tec products span the globe. Natur-Tec has already seen more than $300,000 in sales since test marketing began in early 2008, reflecting the growing demand among industry and consumers for environmentally sustainable alternatives to conventional petroleum-based plastics.

Natur-Tec products are engineered using a proprietary blend of natural polymers and organic materials to create biobased and biodegradable plastics. These products do not contain any conventional plastics such as polyethylene, polypropylene or polystyrene. Since Natur-Tec products are derived from renewable resources, they require less energy to manufacture and significantly reduce greenhouse gas emissions and pollutants as compared to the production of conventional petroleum-derived plastics. By using Natur-Tec products as an alternative to conventional plastics, industry and consumers are able to reduce their carbon footprint and move towards a zero carbon or carbon neutral footprint. For more information, visit http://www.natur-tec.com/.

About Northern Technologies International Corporation

Northern Technologies International Corporation focuses on developing, marketing and selling proprietary environmentally beneficial material science-based products and technical services via a network of independent distributors, manufacturers' representatives and joint ventures in over 50 countries. For more information, visit http://www.ntic.com/.

Northern Technologies International Corporation

CONTACT: Maria Surma Manka, +1-952-851-7244, mmanka@tunheim.com, for
Northern Technologies International Corporation; or Christina Oostdik of
Northern Technologies International Corporation, +1-763-225-6632,
coostdik@ntic.com

Web site: http://www.ntic.com/
http://www.natur-tec.com/
http://www.bpiworld.org/

Ness Technologies Appoints Atzmon Lifshitz as Executive Vice President, Human Resources

HACKENSACK, New Jersey, May 27 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. , a global provider of information technology solutions and services, today announced the appointment of Atzmon Lifshitz as executive vice president, human resources. Reporting to president and CEO Sachi Gerlitz, Lifshitz will have global responsibility for human resources at Ness Technologies.

Lifshitz joins Ness Technologies from ECI Telecom, a global provider of telecommunications infrastructure, where he served from 2004 as corporate vice president, human resources. Prior to joining ECI Telecom, he held leadership positions with several multi-national and regional technology and services firms, including Fibronics, Telemesser, e-go systems, and Pilat Israel. Lifshitz holds a bachelors degree in political science and labor studies from Tel Aviv University, Israel.

"We are very pleased to welcome Atzmon to Ness," said Sachi Gerlitz, president and CEO of Ness Technologies. "He brings deep human resources expertise and strong corporate leadership experience, and I believe he will quickly make a positive impact throughout Ness. Atzmon's initial charters are to help in our on-going transformation from a multi-national IT services provider to a truly global one; to maintain - or even improve - our high employee morale and motivation; and to help with key initiatives such as the acceleration of our recruiting engine in India. He will also be responsible for human resources operations for our 7,800 employees around the world."

"I am excited to be joining Ness, a strong global company that has established a reputation for unique offerings, quality deliverables, and high employee satisfaction," said Lifshitz. "I believe that I can contribute positively to the company's next generation, while improving the day-to-day people operations of the company, particularly in the area of capacity growth. I look forward to working with Sachi and the whole Ness team."

Lifshitz replaces Efrat Shapira, who retired from the company recently, after 10 years at Ness Technologies. "We thank Efrat for all her contributions over the years, and we wish her all the best," said Gerlitz.

Lifshitz joined the company May 15, 2008, and will be based primarily in Tel Aviv, Israel.

About Ness Technologies

Ness Technologies is a global provider of end-to-end IT services and solutions designed to help clients improve competitiveness and efficiency. The Ness portfolio of solutions and services consists of software product development, including both offshore and near-shore outsourcing; system integration, application development and consulting; and software distribution. With 7,800 employees, Ness maintains operations in 18 countries, and partners with numerous software and hardware vendors worldwide. For more information about Ness Technologies, visit http://www.ness.com/.

Forward Looking Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often are preceded by words such as "believes," "expects," "may," "anticipates," "plans," "intends," "assumes," "will" or similar expressions. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Ness' actual results could differ materially from those anticipated in these forward looking statements as a result of various factors. Some of the factors that could cause future results to materially differ from the recent results or those projected in forward-looking statements include the "Risk Factors" described in Ness' Annual Report of Form 10-K filed with the Securities and Exchange Commission on March 17, 2008. Ness is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of such changes, new information, subsequent events or otherwise.

Ness Technologies press contact: David Kanaan USA: 1-888-244-4919 Intl: + 972-3-540-8188 Email: media.int@ness.com Ness Technologies investor contact: Drew Wright USA: 1-201-488-3262 Email: investor@ness.com

Ness Technologies Inc

CONTACT: Ness Technologies press contact: David Kanaan, USA:
1-888-244-4919, Intl: +972-3-540-8188, Email: media.int@ness.com; Ness
Technologies investor contact: Drew Wright, USA: 1-201-488-3262, Email:
investor@ness.com

Pharsight Invited to Present on Modeling and Simulation at ARCS Australia Scientific CongressDr. Helen Kastrissios Will Present on Communicating the Value of Pharmacodynamic Modeling in Clinical Drug Development

MOUNTAIN VIEW, Calif., May 27 /PRNewswire-FirstCall/ -- Pharsight Corporation , a leading provider of software, strategic consulting, and regulatory services for optimizing clinical drug development, today announced that Helen Kastrissios, Ph.D., senior scientist, Pharsight Strategic Consulting Services, has been invited to present to clinical and regulatory professionals attending the Association of Regulatory and Clinical Scientists (ARCS) 17th Annual Congress. The Congress will be held at the Sydney Convention and Exhibition Centre in Sydney, Australia from May 28-30, 2008. Dr. Kastrissios will present on May 30, joining other leading experts from the pharmaceutical industry and academia in a session on clinical applications of pharmacodynamic modeling in drug development.

Dr. Kastrissios' presentation, entitled "Communicating the Value of Pharmacodynamic Modeling in Drug Development," will include several case studies describing how predictive drug-disease models have been used to support dose selection, compare the product profile of a new drug versus marketed competitors utilizing public-source literature data, and communicate model-based results to clinical project teams to support program decision- making. Presentation slides from Dr. Kastrissios' talk will be available at http://www.pharsight.com/ following the ARCS Congress.

"Model-based drug development has significant value for optimizing drug therapy and for improving the confidence of drug development decisions," said Shawn O'Connor, president, CEO, and chairman of Pharsight. "Drug development teams can benefit from the quantitative application of drug-disease models to simulate expected clinical responses of new compounds, to support critical program strategies and enhance study design decisions. Pharsight is pleased to participate at the ARCS Congress, where we look forward to sharing our perspective with industry colleagues on the strategic use of modeling and simulation to improve drug development knowledge, productivity and decision- making."

Further information on the ARCS Congress can be found at http://www.arcs.com.au/.

About Pharsight Corporation

Pharsight Corporation develops and markets integrated products and services that enable pharmaceutical and biotechnology companies to achieve significant and enduring improvements in the development and use of therapeutic products. Pharsight's goal is to help customers reduce the time, cost and risk of drug development, as well as optimize the post-approval marketing and use of pharmaceutical products.

Pharsight's approach enhances the fundamental element of drug development success: strong decision-making. By adopting the Pharsight approach, customers acquire a new decision-making process with the potential to systematically improve every level and phase of their business and scientific processes. Pharsight Corporation is headquartered in Mountain View, California. Information about Pharsight is available at http://www.pharsight.com/.

Registered Trademarks and Trademarks

Pharsight is a registered trademark of Pharsight Corporation. All other brand or product names mentioned in this documentation are trademarks or registered trademarks of their respective companies or organizations.

Pharsight Corporation

CONTACT: Investors, Douglas Sherk, or Matthew Selinger, +1-415-896-6820,
or Media, Steve DiMattia, or Donald Takaya, +1-646-201-5445, all of EVC Group
for Pharsight Corporation

Web site: http://www.pharsight.com/
http://www.arcs.com.au/

Trimble Introduces Innovative GNSS Reference Sensor for Infrastructure and Network Applications

SUNNYVALE, Calif., May 27 /PRNewswire-FirstCall/ -- Trimble today introduced an innovative Global Navigation Satellite System (GNSS) reference sensor for infrastructure and network applications -- the Trimble(R) NetR3(TM) GNSS reference sensor. Designed to seamlessly integrate into any Trimble VRS(TM) (Virtual Reference Station) network or other infrastructure application, the Trimble NetR3 offers a new option for tracking and streaming data.

Using Trimble's R-Track(TM) technology, the Trimble NetR3 GNSS reference sensor streams data easily and conveniently to a variety of Trimble infrastructure software packages running in a network operations center. Instead of storing collected data internally like a continuously operating reference station (CORS), the Trimble NetR3 takes advantage of Trimble software storage capabilities, eliminating the need for onboard memory. The result is a highly affordable, reliable alternative for use in applications that do not require all of the functionality of a CORS. In addition, the Trimble NetR3 is designed to effortlessly interface with Trimble's infrastructure software for a complete solution. It is also customizable through optional upgrades that offer enhanced functionality.

Powerful yet cost effective, the Trimble NetR3 GNSS reference sensor provides quality results and is ideal for a wide range of infrastructure applications such as high-accuracy positioning as part of a VRS network, support for differential global positioning system (DGPS) MSK beacons, and integrity monitoring of networks and physical infrastructure such as bridges, dams and mines.

In addition, its competitive price point makes the Trimble NetR3 an ideal option for expanding, densifying or modernizing an existing network, and implementing Sparse GLONASS capabilities, a unique Trimble technology that provides dual-constellation, fully-modeled real-time kinematic (RTK) data when widely spaced GLONASS-capable Trimble reference stations are implemented in a network comprised mainly of GPS-only receivers. The Trimble NetR3 supports the modernized GPS L2C and GLONASS L1/L2 signals with an option to add L5 support as it becomes available.

Rugged and compact for optimal field use, the Trimble NetR3 reference sensor's power consumption is low with an onboard battery for increased reliability and an interactive front panel display that allows for quick field setup and configuration.

The Trimble NetR3 GNSS reference sensor is available now. For more information, visit http://www.trimble.com/, call 1-800-767-4822 (U.S. only), +1-303-323-4111 (outside of the U.S.) or email Infrastructure_Sales@Trimble.com.

About Trimble

Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location -- including surveying, construction, agriculture, fleet and asset management, public safety and mapping. In addition to utilizing positioning technologies, such as GPS, lasers and optics, Trimble solutions may include software content specific to the needs of the user. Wireless technologies are utilized to deliver the solution to the user and to ensure a tight coupling of the field and the back office. Founded in 1978 and headquartered in Sunnyvale, Calif., Trimble has a worldwide presence with more than 3,600 employees in over 18 countries.

For more information, visit: http://www.trimble.com/.

GTRMB

Trimble

CONTACT: Investors, Willa McManmon, +1-408-481-7838,
willa_mcmanmon@trimble.com, or Media, Lea Ann McNabb, +1-408-481-7808,
leaann_mcnabb@trimble.com, both of Trimble

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

Lightwave Logic Achieves Major Production Milestone

WILMINGTON, Del., May 27 /PRNewswire-FirstCall/ -- Lightwave Logic, Inc., (BULLETIN BOARD: LWLG) (http://www.lightwavelogic.com/), a technology company focused on the development of electro-optic polymer materials for applications in high-speed fiber-optic telecommunications and optical computing, announced today an update on its current testing results.

The testing of the company's material is complex and requires numerous independent measurements necessary for commercialization. These initial tests may be divided into three general categories, including: Solubility (or Material Integration), Stability and Performance (or r33). Although all tests are not yet complete, results in the first two testing categories suggest that the company's material is well-suited for commercialization. Although performance (r33) testing has not yet been re-confirmed, previous test results indicated a 700% improvement over competitive technologies.

Lightwave Logic's Chief Technical Officer, David Eaton, explains, "Although the process has been delayed presumably due to end of year class scheduling, our preliminary results have been extremely positive, and we expect to produce our initial prototype devices in the short-term."

Two years ago the performance (r33) measurements from this material proved to be seven times the performance of the next highest performing competitive material. The company must, however, repeat r33 measurements to complete the proper testing protocol. The company will publish these results as soon as they become available. After completion of all testing and receipt of successful test results, Photon-X will begin fabrication of our initial prototype fiber-optic modulator.

Due to the time of year and university scheduling conflicts, the company has decided to have the final r33 testing conducted by Dr. C.C. Teng (co-inventor of the testing procedure), after which the University of Arizona will be used to confirm the results and complete additional tests to be used in a commercial device. Photon-X, our partner who has been very cooperative in this process, will also aid in the testing.

About Lightwave Logic, Inc.

Lightwave Logic, Inc. is a development stage company, moving toward prototype demonstration and commercialization of its high-activity, high-stability organic polymers for applications in electro-optical device markets. Electro-optical devices convert data from electric signals into optical signals for use in high-speed fiber-optic telecommunications systems and optical computers. Lightwave Logic, Inc. is a portfolio company of Universal Capital Management, Inc. (BULLETIN BOARD: UCMT) . Please visit the Company's website, http://www.lightwavelogic.com/, for more information.

Safe Harbor Statement

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

Lightwave Logic, Inc.

CONTACT: Lightwave Logic, Inc., +1-302-998-8824

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

ViewCast Announces Pending Retirement of Chief Executive Officer George PlattDavid Stoner Appointed to Board of Directors, Will Succeed Platt as CEO

PLANO, Texas, May 27 /PRNewswire-FirstCall/ -- ViewCast Corporation (BULLETIN BOARD: VCST) , a leading global provider of streaming media hardware and software, announced that Chairman and Chief Executive Officer George C. Platt will retire as the Company's chief executive officer effective at the close of business on July 31, 2008, and will be succeeded by President and Chief Operating Officer David T. Stoner.

Additionally, Stoner has been appointed to ViewCast's board of directors, effective immediately, which increases to five the number of board members, including Platt who will remain chairman.

Platt said: "This is a good time for the pending transition, as prospects for ViewCast's continued success are excellent. In addition, this change in leadership is well deserved, because Dave has done an exceptional job as president and chief operating officer. Therefore, in his capable hands, I am confident that the Company will succeed with its plan for 2008 and beyond."

Stoner remarked: "For many years, George has been the guiding force behind ViewCast. The management team and employees appreciate his leadership, wisdom and commitment, and, through his role as chairman, he will continue to help guide ViewCast in the future."

Stoner has more than 20 years of experience managing the development and marketing of video-related hardware and software. He joined ViewCast as vice president of operations in August 1996 and became president and chief operating officer in October 2005. Prior to ViewCast from 1994 to 1996, he was vice president of engineering for Connectware, Inc., a wholly owned subsidiary of AMP Inc. From 1986 to 1994, Stoner was employed by Visual Information Technologies, Inc. ("VITec"), a manufacturer of video, imaging, and graphics products, which was purchased by Connectware, Inc. At VITec, he managed the development of hardware and software products, and served in various positions including Vice President of Engineering. From 1979 to 1986 Stoner served in various engineering positions at Texas Instruments, Inc. He received his Bachelor of Science degree in electrical engineering from the University of Kansas.

About ViewCast Corporation

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

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

Safe Harbor Statement

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

ViewCast Contact: Investor Contact: Laurie Latham Dan Matsui Chief Financial Officer Allen & Caron (972) 488-7200 (949) 474-4300

ViewCast Corporation

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

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

Global 8 Environmental Technologies, Inc. Appoints New Chief Financial Officer

LOS ANGELES, May 27 /PRNewswire-FirstCall/ -- Global 8 Environmental Technologies, Inc. (BULLETIN BOARD: GBLE) (http://www.g8et.com/), a leading developer of environmental technology solutions, today announced the appointment of industry veteran, Carl Mennie to the position of Chief Financial Officer.

"Carl is a great addition to our team," said Michael Brown, Director of Global 8. "I feel confident that our long and thorough search has yielded a talented executive with the highest ethical standards. His experience and background in finance, accounting and operational experience will be invaluable as we move forward."

Prior to joining Global 8, Mr. Mennie served as Division Controller for Allied Waste Industries, Inc. where he was one of only two controllers in the company's Western Region to receive an award for excellence. Mr. Mennie was instrumental in improving the overall quality and accuracy of accounts receivable, reducing expenses, maximizing efficiency and implementing key controls for Sarbanes-Oxley compliance regulations.

Mr. Mennie also served as a Senior Financial Analyst for Household Credit Services where he was responsible for budgeting and forecasting the financial and statistical performance of several operational departments, including customer retention and fraud detection.

"I'm excited to be a part of Global 8 and its great management team," said Mr. Mennie. "I look forward to applying my management and corporate finance experience to help the Company continue to expand its position in markets throughout the world."

A California native, Mr. Mennie holds a Bachelor's Degree in Economics from Stanford University.

About Global 8 Environmental Technologies, Inc.

Global 8 Environmental Technologies, Inc. works with world class partners and consultants to provide solutions for the health and recovery of our environment. The company has the vision, the people, the know-how, the technologies, the financing and the contracts. It applies all these resources to create a clean and healthy global community for the next generation in a way which provides environmental and financial benefits to all our stakeholders.

Forward-Looking and Cautionary Statements:

Certain statements contained herein, including, without limitation, statements containing the words "believes," "intends" and other words of similar import, constitute "forward-looking statements" within the meaning of Section 27A of Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Global 8 Environmental Technologies, Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Global 8 Environmental Technologies, Inc. disclaims any obligation to update or to announce publicly the results of any revision of the forward-looking statements contained or incorporated by reference herein to reflect future events or developments.

Contact: 877-419-0430 http://www.g8et.com/ mediarelations@g8et.com

Global 8 Environmental Technologies, Inc.

CONTACT: Global 8 Environmental Technologies, Inc., +1-877-419-0430,
mediarelations@g8et.com

Web site: http://www.g8et.com/