Companies news

ZHEJIANG, China, May 30 /Xinhua-PRNewswire/ -- China 3C Group (OTC Bulletin Board: CHCG), a leading retailer and distributor of consumer and business products in China, announced that the Company has entered into an agreement with Shuimu Huali, a well-known laptop computer retailer with a retail presence in the Eastern China region. China 3C will supply seven brands and forty seven models of mobile phones as well as digital products that include cameras, MP3 and MP4 players in all twenty one of Shuimu's retail locations. Shuimu is entitled to four percent of the gross sales for each unit sold.

Based in Shanghai, Shuimu Huali currently has twenty one retail locations in which it is currently selling nine different brands and over forty models of laptop computers. All of its stores are concentrated in China's affluent east region.

Mr. Wang Zhenggang, CEO of China 3C said, ''We are pleased to enter into this agreement with Shuimu, particularly given the large number of phones and digital products we will be providing to this retailer. This announcement marks the first time we are cooperating with a computer retail chain, which will allow us to closely examine this market as well as provide us with a compelling low cost sales opportunity.''

Mr. Zhang Weizhong, CEO of Shuimu Huali commented, ''We are delighted to reach this agreement with China 3C. Our cooperation can greatly enrich the product line within our stores and increase our sales opportunities. We are optimistic that 3C's strong sales platform and great selection of mobile phones and digital products can result in increased overall sales within our stores.''

About China 3C

China 3C is a leading wholesale distributor and retailer operating over 900 retail outlets in Eastern China. The Company specializes in selling 3C products which include: cell phones and accessories, fax machines and printers, consumer electronics, computer and computer-related products and small home appliances. Among China 3C's primary attributes is its efficient distribution network and rapid logistics system. For more information, visit http://www.china3cgroup.com/ .

Forward-looking Statements

Certain of the statements set forth in this press release constitute "Forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We have included and from time to time may make in our public filings, press releases or other public statements, certain forward-looking statements. In some cases these statements are identifiable through the use of words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "target," "can," "could," "may," "should," "will," "would" or words or expressions of similar meaning. You are cautioned not to place undue reliance on these forward- looking statements. In addition, our management may make forward-looking statements to analysts, investors, representatives of the media and others. These forward-looking statements are not historical facts and represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and beyond our control. There can be no assurance that such forward-looking statements will prove to be accurate and China 3C Group undertakes no obligation to update any forward-looking statements or to announce revisions to any of the forward-looking statements.

China 3C Group

CONTACT: In the U.S.: Bill Zima of ICR, Inc., +1-203-682-8200; In Asia:
Dan Joseph of ICR, Inc., +86-21-6122-1077

Web Site: http://www.china3cgroup.com/

SPX Corporation Announces Quarterly Dividend

CHARLOTTE, N.C., May 30 /PRNewswire-FirstCall/ -- SPX Corporation today announced that its board of directors has declared a quarterly dividend of $0.25 per common share payable on July 2, 2008, to shareholders of record on June 16, 2008.

SPX Corporation is a Fortune 500 multi-industry manufacturing leader. The company offers highly-specialized engineered solutions to solve critical problems for customers.

SPX is focused on providing solutions that support the expansion of global infrastructure, with particular emphasis on the growing worldwide demand for energy and power. Its innovative product portfolio, containing many environmentally friendly products, includes cooling systems for power plants throughout the world; custom engineered process equipment that assists a variety of flow processes including food and beverage manufacturing, oil and gas exploration, distribution and refinement and power generation; handheld diagnostic tools that aid in vehicle maintenance and repair; and power transformers that regulate voltage for electrical transmission and distribution by utility companies.

SPX is headquartered in Charlotte, North Carolina and employs more than 17,000 people worldwide in over 35 countries. Visit http://www.spx.com/ .

SPX Corporation

CONTACT: Investors, Jeremy W. Smeltser, +1-704-752-4478,
investor@spx.com, or Media, Jennifer H. Epstein, +1-704-752-7403,
jennifer.epstein@spx.com, both of SPX Corporation

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

Fresh Wireless Opens New Store In Suffolk CountyOne-Stop Shopping for Verizon Wireless Products and Services

ORANGEBURG, N.Y., May 30 /PRNewswire/ -- Verizon Wireless, the leading wireless company with the most reliable voice and data network, today announced the opening of a new authorized retail outlet in Suffolk County to make shopping for the company's wireless voice and data products more convenient for local residents and businesses. Fresh Wireless, located at 6278 Route 25A in Wading River, across from King Kullen, now offers a wide variety of wireless phones, accessories and service from Verizon Wireless.

Fresh Wireless, owned by Jerry Romano, has served as a Verizon Wireless authorized retailer for the past five years, and now has six retail locations throughout the New York Metro region. The new store's hours are Monday through Friday, 10 a.m. to 8 p.m., Saturday, 10 a.m. to 6 p.m., and Sunday, 10 a.m. to 5 p.m.

Customers may activate Verizon Wireless service at Fresh Wireless and shop for the latest in wireless technology including data services like two-way text messaging, picture messaging, V CAST service, which brings TV, music and other multimedia services to wireless phones, and the newest version of VZ Navigator(SM) which provides audible turn-by-turn directions and real-time traffic information over the company's high-speed wireless network.

Verizon Wireless authorized retailers receive extensive training, as well as merchandising support and competitive commissions, after successfully completing a highly selective qualification process. Authorized retailers play a key role in the company's retail sales distribution strategy which includes 2,400 company-owned and operated Verizon Wireless Communications Stores nationwide.

Verizon Wireless is the only major carrier to offer a 30-day test drive of its network. If at any point during the 30-day Test Drive customers are not satisfied with their experience and take their number to another wireless carrier, Verizon Wireless will refund their money for their voice calls, equipment, activation fee and taxes, as well as release them from their contract without early termination fee when they return their phone within the Test Drive period.

Currently the company is looking for bilingual English-Spanish speaking entrepreneurs interested in joining the Verizon Wireless authorized agent team in New York and Northern New Jersey neighborhoods with large Spanish-speaking populations. For more information about becoming an exclusive Verizon Wireless authorized retailer send an e-mail to NewAgents@verizonwireless.com.

About Verizon Wireless

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

Verizon Wireless

CONTACT: David Samberg, Verizon Wireless, +1-845-365-7212,
david.samberg@verizonwireless.com, or Gisela Lopez, +1-973-968-7928,
gisela.lopez@vivianipr.com, for Verizon Wireless

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

Morris County Residents Benefit From Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Calling, Data Access and Music as Area Businesses and Consumers Increasingly Rely on All-in-One Wireless Devices

MORRISTOWN, N.J., May 30 /PRNewswire/ -- Wireless calling, text messaging and surfing the Mobile Web for email and information now are easier and faster for Verizon Wireless customers in Morris County, thanks to the activation of the company's newest cell site in Denville.

The new Morris County cell site improves network coverage and capacity in the along Interstate 80 from exit 38 to 39, and along Franklin Road.

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

"Reliable networks aren't built overnight," said Pat Devlin, president of the company's New York/New Jersey Metro Region. "Today's wireless customers demand so much more than voice service and this network expansion reflects our ongoing commitment to stay ahead of the curve. New and exciting multimedia devices, like the new enV2(TM) by LG for on-the-go texters and music fans equipped with a full QWERTY keyboard, now enable customers to carry PC- functionality in the palms of their hands. We will continue to efficiently invest in network enhancements to deliver the most reliable voice, data and multimedia services available."

Verizon Wireless has invested over $2 billion to enhance its New York/New Jersey Metro network and more than $45 billion across the nation since it was formed, to stay ahead of the growing demand for the company's voice, data and mobile entertainment services, like VZ Navigator(SM) (Version 4), which provides audible turn-by-turn directions and real time traffic information; V CAST Mobile TV, offering broadcast quality mobile television; and V CAST Music which allows customers to download full songs directly to their V CAST-capable wireless phones and Microsoft(R) Windows(R) XP-based PCs.

Demand for Verizon Wireless services continued during the first quarter of 2008 when the company added 1.5 million new customers, and continued its industry-leading customer loyalty rates. Verizon Wireless now serves more than 67.2 million customers nationwide. During the first quarter, the company delivered nearly 58 billion text messages and completed 34.6 million video and music downloads.

In the New York Metro area, 100 percent of Verizon Wireless' EVDO network has been upgraded with faster Revision A technology. Customers who use the company's flagship business data service, BroadbandAccess, now can interact with Web-based applications and access e-mail, everyday corporate data and the Internet at the highest wireless speeds available.

Nationally, Verizon Wireless' real-life test men and women drive 98 specially equipped vehicles nearly one million miles each year on Interstate, US and state highways as well as major roads and surface streets in high- population areas, based upon US Census counts, to confirm that voice calls and data connections are successful on the first attempt and stay connected. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.

For more information on Verizon Wireless, please visit http://www.verizonwireless.com/.

About Verizon Wireless

Verizon Wireless

CONTACT: David Samberg, Verizon Wireless, +1-845-365-7212,
david.samberg@verizonwireless.com, or Gisela Lopez, +1-973-968-7928,
gisela.lopez@vivianipr.com, for Verizon Wireless

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

Verizon Wireless Launches Wireless Broadband Network in Rochester, MinnesotaHigh-Speed Network Gives Verizon Wireless Customers Access to Fast Wireless Internet, E-mail, Mobile Music, Videos, and More

ROCHESTER, Minn., May 30 /PRNewswire/ -- Verizon Wireless announced today that it has expanded the national rollout of its high-speed wireless network to Rochester, Minn. The expansion provides contiguous coverage with the company's existing high-speed network north of Rochester along U.S. Highway 52 from the Twin Cities and west in Dodge County. New coverage extends south of Rochester along U.S. Highway 63 to State Highway 30 in downtown Stewartville and east of Rochester to 30th Avenue Southeast.

"Rochester represents a vital market with dynamic, tech-savvy business people, residents and students who want to stay connected," said Nancy B. Clark, president -- Great Plains region, Verizon Wireless. "The launch of our broadband network here provides our customers with access to the very latest wireless technology."

With the wireless broadband network, Verizon Wireless customers in the area now enjoy two prime services:

* BroadbandAccess, the enhanced high-speed wireless service that equips Verizon Wireless' business customers with a truly untethered mobile office experience, enabling them to wirelessly access their calendars, the Internet, e-mail, and critical business information residing behind their companies' firewalls; and * V CAST, a consumer-oriented multimedia service that gives customers access to the most comprehensive selection of downloadable music, high- quality videos and the coolest 3D games found anywhere. BroadbandAccess

Based on Evolution-Data Optimized (EV-DO) Revision A (Rev. A) network technology, BroadbandAccess provides mobile workers with the ability to access their corporate information as if they were attached to this data via a high-speed wired connection but with the freedom of true mobility. Developed with a range of users in mind, the service enables large enterprises, small- to medium-sized businesses and mobile professionals to conduct business anytime, anywhere in the BroadbandAccess coverage area via a secure, true high-speed data connection.

With BroadbandAccess, business customers, residents and visitors to Rochester can expect average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500-800 kbps. That means they can download a 1 Megabyte e-mail attachment -- the equivalent of a small PowerPoint(R) presentation or a large PDF file -- in about eight seconds and upload the same-sized file in less than 13 seconds.

BroadbandAccess also enables Verizon Wireless customers to download files significantly faster than customers of wireless service providers that use different broadly deployed network technologies. Furthermore, customers who travel outside the enhanced BroadbandAccess coverage area with an EV-DO device will switch seamlessly to the company's NationalAccess service.

"Our enhanced BroadbandAccess service gives our customers three key advantages in wireless communication -- speed, mobility and security," Clark said. "With these advantages comes an increase in productivity and bottom-line business benefits."

V CAST: Video and Music

Verizon Wireless' wireless broadband network also enables its V CAST multimedia services, which offer customers the ability to download full-song tracks, play cutting-edge 3D games and stream video clips straight to their handsets with top transmission speeds. With content updated daily, customers can watch dozens of on demand videos, including breaking news, weather updates, sports highlights, and the hottest entertainment clips.

With V CAST Music, Verizon Wireless has built a massive full-song mobile music store that contains more than 3 million songs -- from well-known as well as independent artists -- that customers can download over-the-air, directly onto their V CAST Music-enabled wireless phones.

Investment

The multi-million dollar expansion includes the installation of high-tech wireless hardware and software in wireless transmission sites throughout the region. Verizon Wireless has invested more than $45 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. More than $432.5 million of this investment was spent in Minnesota over the past seven years on network improvements.

Verizon Wireless was the first national wireless provider to commercially launch a high-speed wireless broadband network in the United States, and was the first carrier to launch high-speed service in Minnesota at the Minneapolis-Saint Paul International Airport on July 1, 2005, and within the Twin Cities metropolitan area on August 15, 2005. Since then, the company's phased rollout has included Duluth and northeastern Minnesota; Moorhead, Minn.; St. Cloud, Minn.; southern Minnesota along Interstate 35 to Owatonna; and increased coverage around the Twin Cities metropolitan area extending north along Interstate 35 to Hinckley, west along U.S. Highway 12 to Howard Lake and east along Interstate 94 to Hudson, Wis.

For more information about Verizon Wireless products and services, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.

About Verizon Wireless

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

Verizon Wireless

CONTACT: Karen Smith of Verizon Wireless, +1-763-595-2511,
Karen.Smith@verizonwireless.com; or Matt Lindstrom, for Verizon Wireless,
+1-612-724-3701, Matt@mcfarlandcahill.com

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

CSC Positioned in 'Leaders' Quadrant for Managed and Professional Network Service Providers, North America Report

FALLS CHURCH, Va., May 30 /PRNewswire/ -- CSC announced today that it is positioned in the "leaders" quadrant of the Gartner report Magic Quadrant for Managed and Professional Network Service Providers, North America. The report evaluates vendors that deliver information technology (IT) services in support of connectivity and communications infrastructure.

According to Gartner, "Vendors in the leaders quadrant are performing well today, have a clear vision of market direction and are building competencies to sustain their leadership positions in the market."

Authored by Eric Goodness, Christine Tenneson, Ted Chamberlin and Daniel O'Connell, and published May 14, 2008, the report covers vendors of IT services for business communications systems in North America. To be included, service providers had to directly provide IT management services in support of wide-area-network environments, develop and maintain their own remote management platform for the provisioning of a variety of remote IT services across WAN, LAN and premises-based voice infrastructure, and have generated annual network IT service revenue of $150 million or more in North America, among other criteria.

"As our clients' businesses become more global, their network requirements are becoming even more complex," said Richard Ricks, president of CSC's Global Outsourcing Services organization. "We view our placement in the leaders quadrant as an indicator of the quality, in-depth integrated network transformation and management services our clients need and have come to expect."

About the Gartner Magic Quadrant

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

About CSC

CSC is a leading IT services company. CSC's mission is to be a global leader in providing technology-enabled business solutions and services.

With approximately 90,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in Falls Church, Va., CSC reported revenue of $16.5 billion for the 12 months ended March 28, 2008. For more information, visit the company's Web site at http://www.csc.com/.

Computer Sciences Corporation

CONTACT: Janet Herin, Manager, Media Relations, Corporate,
+1-310-615-1693, jherin@csc.com, or Susan Pullin, Vice President, Industry
Analyst Relations, Corporate, +1-703-641-3456, spullin@csc.com, both of
Computer Sciences Corporation

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

Entrust Helps Chilean Financial Institutions Comply with Government Regulation, Lands 10 of Top 16 BanksIn race to comply with two-factor authentication, Chilean banks choose more cost-effective platform versus entrenched competitors without sacrificing reliability, scalability

DALLAS, May 30 /PRNewswire-FirstCall/ -- In 2007, the Chilean government issued a mandate -- the first in the world to have a strong enforcement clause -- that all financial institutions implement strong two-factor authentication to help secure electronic transfers. As many banks scrambled to comply, 10 of the top 16 banks in the country opted for an easy-to-use, easy-to-integrate solution from Entrust, Inc. , the Entrust IdentityGuard versatile authentication platform. The successive customer wins not only created strong momentum for the platform in Chile, but also across South America.

"As banks in Chile were required to comply with the government-issued mandate, we found the versatility, ease of use and efficiency of Entrust's strong authentication solution to be the right choice as we integrated two-factor authentication," said Sebastian Covarrubias, Manager of Marketing and Products at Banco Security. "The platform's versatility and interoperability allows us to address both current and future needs as we evaluate the risks of the transactions our customers choose to execute with us online."

During the first quarter of 2007, the Chilean government issued legislation that required banks to comply with three new rules to help protect online transactions. The first, which is already in place, mandated that the financial institutions implement two-factor authentication for all electronic transfers by January 2008. Many organizations have yet to comply and are forced to pay fines. The two remaining rules have yet to be finalized and approved.

Trusted partner NeoSecure was instrumental in the procurement and deployment of the Entrust IdentityGuard versatile authentication platform. The value-added reseller -- a MSSP and security solutions provider that services Latin America -- provided many of the banks with a turn-key solution that involved production of the grid cards and other professional services to help facilitate a seamless integration into the banks' secure environments.

"We've enjoyed a strong, successful relationship with Entrust for many years," said Eduardo Diaz, Chief Executive Officer at NeoSecure. "The versatile authentication platform's mass-scale adoption in Chile marks exciting growth for Entrust, NeoSecure and the security market in South America."

At the core of their Entrust IdentityGuard deployment, Banco Security leveraged the versatile authentication platform's grid card solution to help verify the identities of over 17,600 customers. Banco Security has nine offices in Santiago, Chile, four regional branches, but predominantly provides its services through electronic channels, which made the need for strong multifactor authentication a priority.

"Two of our biggest competitors already were entrenched in the Chilean market for enterprise authentication when this regulation was published, but the financial institutions needed a solution that could be deployed quickly and be intuitively used by their customers, as well as be cost effective for deployment on a mass scale," said Entrust Chairman, President and Chief Executive Officer Bill Conner. "We applaud these elite banks, as well as our partner NeoSecure, for proactively implementing a solution that can scale to meet the growing threats to their customers. The door now is open to put even greater security measures in place, such as digital signatures and zero-touch fraud detection."

In 2006, Chilean-based Banco Santander was the first to deploy Entrust IdentityGuard through NeoSecure, even before the Chilean government mandates were in place. The world's 12th-largest bank, Banco Santander increased their Entrust IdentityGuard grid authentication plans to include more than 680,000 customers. Part of the Santander Group, one of the largest financial groups in the world, Banco Santander originally considered expensive competitive third- party one-time-passcode (OTP) hardware tokens, but concluded that this option would have been far too expensive for their customers.

The mandate, outlined in the document titled "Chapter1-7, Electronic Transfers of Information and Funds," was enacted by the Superintendencia de Bancos e Instituciones Financieras Chile, which regulates banks and financial institutions in Chile. From an enforcement perspective, it is one of the strongest regulations in the world to help financial institutions better secure their customers.

"While other governments and regulatory bodies around the world have mandated some kind of stronger authentication for financial institutions, the Chilean regulation definitely has the most effective 'teeth' for motivating compliance and the use of something stronger than a homegrown solution," added Conner. "It's one of the most progressive mandates we've seen in the authentication space."

Entrust IdentityGuard enables organizations to layer security -- according to access requirements or the risk of a given transaction -- across diverse users and applications. The platform's authentication options include username and password, IP-geolocation, machine/device, questions and answers, out-of-band one-time passcode (delivered via voice, SMS or e-mail), grid cards and a range of one-time-passcode tokens -- priced as low as $5 each. Entrust IdentityGuard also provides multiple methods of supporting mutual authentication, including picture and caption replay.

About Entrust

Entrust secures digital identities and information for consumers, enterprises and governments in more than 1,700 organizations spanning 60 countries. Leveraging a layered security approach to address growing risks, Entrust solutions help secure the most common digital identity and information protection pain points in an organization. These include SSL, authentication, fraud detection, shared data protection and e-mail security. For information, call 888-690-2424, e-mail entrust@entrust.com or visit http://www.entrust.com/.

Entrust is a registered trademark of Entrust, Inc. in the United States and certain other countries. In Canada, Entrust is a registered trademark of Entrust Limited. All Entrust product names are trademarks or registered trademarks of Entrust, Inc. or Entrust Limited. All other company and product names are trademarks or registered trademarks of their respective owners.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060720/NYTH074LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Entrust

CONTACT: Brooke Hamilton, Media Relations of Entrust, +1-972-713-5915,
brooke.hamilton@entrust.com

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

Current Technology's Celevoke Completes Distribution Agreement and Ships 700 GPS Tracking Units

VANCOUVER, British Columbia, May 30 /PRNewswire-FirstCall/ -- Current Technology Corporation (OTCBB: CRTCF) today announced its 51% owned Texas-based subsidiary Celevoke, Inc. ("Celevoke") has completed a definitive distribution agreement with The Real Security Company Ltd. ("TRSC") of Kelowna, British Columbia. "We are shipping 700 GPS Tracking units today," stated Celevoke Vice-president Brian Allen, "and plan to ship a further 1000 units next week."

"The first 700 units are already placed," said TRSC CEO Eldon Heppner. "Five hundred will be delivered to automobile and power sports equipment dealers in British Columbia and Alberta, Canada. The remaining two hundred are for dealers in Florida and Texas. This is just the beginning. These units prime the pump in very limited geographic areas. We plan to blanket North America with Celevoke units marketed under our EYE-ON brand. We believe we will soon be purchasing thousands of units per month on a regular basis."

"We are very excited about TRSC's plans," stated Current Technology CEO Robert Kramer. "We believe these first two shipments totaling 1700 units represent the leading edge of a sophisticated marketing strategy which should see tens of thousands of units sold into many markets from automotive and power sports equipment to pupil transportation to name just a few."

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.

Forward Looking Statement

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

Web site: http://www.current-technology.com/

Verizon Wireless Launches Wireless Broadband Network in Rochester, MinnesotaHigh-Speed Network Gives Verizon Wireless Customers Access to Fast Wireless Internet, Email, Mobile Music, Videos and More

"Rochester represents a vital market with dynamic, tech-savvy business people, residents and students who want to stay connected," said Nancy B. Clark, president-Great Plains region, Verizon Wireless. "The launch of our broadband network here provides our customers with access to the very latest wireless technology."

With the wireless broadband network, Verizon Wireless customers in the area now enjoy two prime services:

-- BroadbandAccess, the enhanced high-speed wireless service that equips Verizon Wireless' business customers with a truly untethered mobile office experience, enabling them to wirelessly access their calendars, the Internet, email and critical business information residing behind their companies' firewalls; and -- V CAST, a consumer-oriented multimedia service that gives customers access to the most comprehensive selection of downloadable music, high-quality videos and the coolest 3D games found anywhere. BroadbandAccess

Based on Evolution-Data Optimized (EV-DO) Revision A (Rev. A) network technology, BroadbandAccess provides mobile workers with the ability to access their corporate information as if they were attached to this data via a high-speed wired connection but with the freedom of true mobility. Developed with a range of users in mind, the service enables large enterprises, small to medium-sized businesses and mobile professionals to conduct business anytime, anywhere in the BroadbandAccess coverage area via a secure, true high-speed data connection.

With BroadbandAccess, business customers, residents and visitors to Rochester can expect average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500-800 kbps. That means they can download a 1 Megabyte email attachment -- the equivalent of a small PowerPoint(R) presentation or a large PDF file -- in about eight seconds and upload the same-sized file in less than 13 seconds.

V CAST: Video and Music

Verizon Wireless' wireless broadband network also enables its V CAST multimedia services, which offer customers the ability to download full-song tracks, play cutting-edge 3D games and stream video clips straight to their handsets with top transmission speeds. With content updated daily, customers can watch dozens of on-demand videos, including breaking news, weather updates, sports highlights and the hottest entertainment clips.

Investment

The multi-million dollar expansion includes the installation of high-tech wireless hardware and software in wireless transmission sites throughout the region. Verizon Wireless has invested more than $45 billion since it was formed -- more than $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. More than $432.5 million of this investment was spent in Minnesota over the past seven years on network improvements.

Verizon Wireless was the first national wireless provider to commercially launch a high-speed wireless broadband network in the United States, and was the first carrier to launch high-speed service in Minnesota at the Minneapolis-Saint Paul International Airport on July 1, 2005, and within the Twin Cities metropolitan area on August 15, 2005. Since then, the company's phased rollout has included Duluth and northeastern Minnesota, Moorhead, Minn., St. Cloud, Minn., southern Minnesota along Interstate 35 to Owatonna and increased coverage around the Twin Cities metropolitan area extending north along Interstate 35 to Hinckley, west along U.S. Highway 12 to Howard Lake and east along Interstate 94 to Hudson, Wis.

For more information about Verizon Wireless products and services, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.

About Verizon Wireless

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

Verizon Wireless

CONTACT: Karen Smith of Verizon Wireless, +1-763-595-2511,
Karen.Smith@VerizonWireless.com; or Maureen Cahill, +1-612-385-9164,
Mcahill@McFarlandCahill.com, for Verizon Wireless

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

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

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

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

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

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

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

Mitcham Industries, Inc.

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

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

Pratt & Whitney's F135 Powers First F-35B STOVL-Mode Test

EAST HARTFORD, Conn., May 30 /PRNewswire-FirstCall/ -- Pratt & Whitney's F135 short-takeoff/vertical-landing (STOVL) propulsion system powered the first F-35B Lightning II's STOVL-mode ground test at Lockheed Martin's STOVL Operations Test Facility in Fort Worth, Texas. Completion of the ground test demonstrates the aircraft's ability to convert between horizontal and vertical flight. Pratt & Whitney is a United Technologies Corp. company.

"Completion of this STOVL ground test brings us a step closer to powering the F-35 Lightning II STOVL variant's first flight in early June," said Bill Gostic, Pratt & Whitney vice president, F135 engine programs.

The highly integrated STOVL aircraft is driven by mission-control software directed by a pilot. This STOVL test provides confidence that the F135 propulsion system, flight controls, and airframe systems work together, allowing the jet to transition smoothly between horizontal and vertical power modes.

The test objectives included functional checks of the propulsion and flight control software, the lift fan upper and lower doors, the auxiliary inlet doors, and the thrust vectoring three bearing swivel duct and nozzle. Idle power conversions from horizontal to vertical flight were conducted in a sequence of steps to verify standard system operation prior to a fully automated conversion.

This milestone is one of many recent achievements for Pratt & Whitney's F135 propulsion system. On May 14, Pratt & Whitney received a statement of qualification for the F135 STOVL propulsion system from the F-35 Joint Program Office which certifies Pratt & Whitney's F135-PW-600 STOVL propulsion system for flight operations. The F135 has previously completed sea level testing and accelerated mission testing for endurance and durability qualification. The F135 has exceeded 9,700 test hours in the system development and demonstration ground test program and the conventional take-off and landing (CTOL) engine continues to power the F-35 Lightning II flight test program with 41 flights and more than 49 flight test hours to date.

Rated at more than 40,000 pounds of thrust, the F135 is the most powerful fighter engine ever built. The technologically advanced F135 is an evolution of the highly successful F119 engine for the F-22 Raptor. By the time the F- 35 enters operation in 2013, the F119 engines will have logged more than 600,000 flight hours and the F135 will have completed more than 16,000 test hours. These achievements will provide maturity and the associated reliability to the F135 engine.

The F135 propulsion system team consists of Pratt & Whitney, the prime contractor with responsibility for the main engine and system integration; Rolls-Royce of the United Kingdom, provides lift components for the STOVL F- 35B; and UTC's Hamilton Sundstrand unit is the provider of the engine control system and gearbox.

Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.

Stephanie Duvall Jennifer Whitlow Pratt & Whitney Military Engines Pratt & Whitney 860.557.1382 860.565.9600 stephanie.duvall@pw.utc.com jennifer.whitlow@pw.utc.com

Pratt & Whitney

CONTACT: Stephanie Duvall of Pratt & Whitney Military Engines,
+1-860-557-1382, stephanie.duvall@pw.utc.com; or Jennifer Whitlow of Pratt &
Whitney, +1-860-565-9600, jennifer.whitlow@pw.utc.com

Web site: http://www.pratt-whitney.com/

Micrel Takes Ethernet Fiber to the Power of FiveIntroduction of KSZ8995FQ Brings New Low Cost, Fiber Mode Ethernet Solution To Market

SAN JOSE, Calif., May 30 /PRNewswire-FirstCall/ -- Micrel Inc., , an industry leader in analog, high bandwidth communications and Ethernet IC solutions, today launched the KSZ8995FQ, Micrel's latest member of the 5-port switch family. The new solution enables users to successfully build loop applications by using two fiber ports 3 and 4 to cascade together a ring, while still utilizing the MII interface on port 5 to the CPU/Host. The highly versatile device is ideal for Industrial Ethernet, Managed Media converters, and FTTx customer premise equipment in the Telecommunications and Enterprise markets. The device is offered in a compact, cost effective 128-pin PQFP package. Please contact Micrel directly for pricing.

"Since 1999, the industry has shipped more than 250 million ports, making Ethernet one of Micrel's more lucrative and growing technologies," noted Richard Bowers, Micrel's director of marketing for Ethernet. "Micrel brings the power of five to Ethernet with its latest 5-port switch solution that gives designers more versatility, lower cost and the addition of fiber mode."

The KSZ8995FQ also offers a highly integrated Layer 2 managed switch solution with optimized bill of materials (BOM) cost for low port count, cost-sensitive 10/100Mbps switch systems. It provides an extensive feature set such as tag/port-based VLAN, quality of service (QoS) priority, management, MIB counters, dual MII interfaces and CPU control/data interfaces to effectively address both current and emerging fast Ethernet applications. The KSZ8995FQ contains five 10/100 transceivers with patented mixed-signal low-power technology, five media access control (MAC) units, a high-speed non-blocking switch fabric, a dedicated address look-up engine, and an on-chip frame buffer memory.

About Micrel, Inc.

Micrel Inc., is a leading global manufacturer of IC solutions for the worldwide analog, Ethernet and high bandwidth markets. The Company's products include advanced mixed-signal, analog and power semiconductors; high performance communication, clock management, Ethernet switch and physical layer transceiver ICs. Company customers include leading manufacturers of enterprise, consumer, industrial, mobile, telecommunications, automotive, and computer products. Corporation headquarters and state-of-the-art wafer fabrication facilities are located in San Jose, CA, with regional sales and support offices and advanced technology design centers situated throughout the Americas, Europe and Asia. In addition, the Company maintains an extensive network of distributors and reps worldwide. Web: http://www.micrel.com/.

Micrel, Inc.

CONTACT: Julieanne DiBene, Marketing Communications of Micrel, Inc.,
+1-408-474-1276, Julie.DiBene@Micrel.com

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

Garmin(R) Completes Acquisition of Distributor in Belgium/Luxembourg

CAYMAN ISLANDS, May 30 /PRNewswire-FirstCall/ -- Garmin Ltd. announced today that it has completed the acquisition of Formar Electronics N.V./S.A. ("Formar"), the distributor of Garmin's automotive, outdoor recreation, fitness and marine products in Belgium and Luxembourg. The company will be renamed Garmin Belux N.V./S.A. and will retain its management, sales, marketing and supporting staff, consisting of 25 people and will continue operations at its current headquarters and warehouse facility located in Brussels.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO)

Dr. Min Kao, chairman and CEO of Garmin Ltd., said, "Our strategy of acquiring key distributors in Europe has enabled us to increase our market share in Europe and we are now delighted to welcome the Formar team into the Garmin family. Formar has been successful in creating a strong presence for the Garmin brand in Belgium and Luxembourg. We anticipate the completion of this acquisition will enable us to expand on that success by improving our ability to support the key retail channels and OEMs in these countries."

Benoit de Bergeyck, managing director of Formar said, "We are very pleased that Garmin now has an office in the capital of Europe and we intend to work hard as Garmin Belux to build on our past success with the increased efficiencies that can be achieved as an integrated part of the Garmin European marketing and sales organization."

Financial terms of the transaction were not released. About Garmin Ltd.

The global leader in satellite navigation, Garmin Ltd. and its subsidiaries have designed, manufactured, marketed and sold navigation, communication and information devices and applications since 1989 -- most of which are enabled by GPS technology. Garmin's products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at http://www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin is a registered trademark of Garmin Ltd.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 29, 2007 filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin's Form 10-K can be downloaded at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Photo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Garmin Ltd.

CONTACT: Ted Gartner or Jessica Myers, both of Garmin International
Inc., +1-913-397-8200, media.relations@garmin.com

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

Micrel Takes Ethernet Fiber to the Power of Five

SAN JOSE, California, May 30 /PRNewswire/ --

- Introduction of KSZ8995FQ Brings New Low Cost, Fiber Mode Ethernet Solution To Market

Micrel Inc., (Nasdaq: MCRL), an industry leader in analog, high bandwidth communications and Ethernet IC solutions, today launched the KSZ8995FQ, Micrel's latest member of the 5-port switch family. The new solution enables users to successfully build loop applications by using two fiber ports 3 and 4 to cascade together a ring, while still utilizing the MII interface on port 5 to the CPU/Host. The highly versatile device is ideal for Industrial Ethernet, Managed Media converters, and FTTx customer premise equipment in the Telecommunications and Enterprise markets. The device is offered in a compact, cost effective 128-pin PQFP package. Please contact Micrel directly for pricing.

About Micrel, Inc.

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

Micrel, Inc.

Julieanne DiBene, Marketing Communications of Micrel, Inc., +1-408-474-1276, Julie.DiBene@Micrel.com

Onstream Media Corporation Signs Definitive Agreement to Acquire Narrowstep Inc.Acquisition Combines Leading Technologies to Provide a Comprehensive Internet TV and IPTV Offering

POMPANO BEACH, Fla., May 30 /PRNewswire-FirstCall/ -- Onstream Media Corporation , a leading online service provider of live and on-demand internet video, announced today that it has signed a definitive merger agreement to acquire Narrowstep(TM) Inc. (BULLETIN BOARD: NRWS) , the "TV on the Internet Company" and a leading provider of Internet TV and IPTV (Internet Protocol Television) services. The combination of Narrowstep's automated IPTV platform, Telvos(TM), and Onstream's Digital Media Services Platform (DMSP) is expected to result in a single comprehensive platform with a unique ability to acquire, store, manage, process, protect, monetize and deliver, digital broadcast quality video to TV's, computers, iPods, mobile phones, etc.

In the transaction, the shareholders of Narrowstep will receive 11.1 million shares of Onstream Media common stock plus the opportunity to earn up to an additional 8.9 million Onstream Media shares subject to Narrowstep's business achieving substantial revenue growth targets during the 18 months following the acquisition. The acquisition is expected to close in approximately 90-120 days, subject to shareholder approval. Both companies have agreed to immediately execute a restructuring plan designed to significantly reduce or eliminate substantial costs related to Narrowstep's facility leases, SG&A expenses, public company and headquarters costs, and other professional fees and services. As a result, Onstream expects that Narrowstep will generate operating cash flow on a standalone basis soon after the closing.

"Since the founding of Onstream Media our strategic direction has been predicated on capitalizing on the integration of video-on-the-web and broadcast television, making web-based programming indistinguishable from over-the-air, cable or satellite-originated programming," said Randy Selman, president and Chief Executive Officer of Onstream Media. "With the addition of Narrowstep, we now have a full suite of enabling technologies to address this emerging market requirement. We believe that the combination of Narrowstep's automated IPTV platform and Onstream's advanced capabilities in meta-tagging, optimization, indexing and classification will solidify our leadership position within the industry making Onstream even more attractive to a wide- range of potential partners, including telecom, satellite and cable companies, and hardware vendors. We are very excited about the opportunities before us."

Mr. David C. McCourt, Chairman and interim CEO of Narrowstep, stated, "I have always believed that Narrowstep had the highest-quality Internet TV technology, as well as the best tools for monetizing content on the web. The synergies that we expect to be realized between Narrowstep's best-of-breed technology and Onstream's product set and thousands of corporate customers is expected to create a complete Internet-media solution and winning combination for customers, employees and shareholders of both companies."

Narrowstep's innovative and proprietary technology provides the functionality to recreate the television-like experience either on the desktop computer screen or through the home television, as well as the ability to integrate with the new set top boxes and other IPTV technologies, such as those developed by the CableLabs(TM) industry consortium. Narrowstep offers its customers the expertise and technology to move, manage and monetize video content across the Internet.

Narrowstep's automated technology includes: 1. Playlist functions (the ability to string videos together to create 24 hour continuous feeds) 2. Channel management 3. A full suite of monetization tools including automated ad serving, e-commerce, and payment processing options to manage video-on-demand, pay-per-view, download and subscription models 4. Customizable player technology, including cross-platform and cross-browser support and GUI-rich community functions utilizing Microsoft Silverlight technology 5. Digital Rights Management including geographic restrictions 6. Complete content syndication capabilities 7. Distribution tools including search-engine optimization, automated RSS feeds, and embedded video technology

Mr. Selman continued, "This acquisition will not only expand our already deep technological offering, but will also enable us to sell our products through a talented, established sales group in Europe along with the added capability to cross-sell Narrowstep's products and services through our existing sales channels domestically. Since Narrowstep's team is familiar with digital media products and services, we anticipate a rapid integration. Narrowstep possesses a diverse and well-known customer base, including ITV, Fox International, Outdoor Channel, Torque TV, Georgetown University, Vivocom and All My Children (Agnes Nixon), as well as a strong pipeline of new business. We expect that this combination will not only significantly improve our competitive position but will also result in a strengthened cash position, revenue growth and opportunities to expand our overall margins."

About Narrowstep

Narrowstep(TM) Inc. (BULLETIN BOARD: NRWS) , the TV on the Internet Company, is a leading provider of Internet TV services supporting content providers, broadcasters, telecommunications companies and corporations worldwide. Narrowstep's proprietary technology platform delivers the highest quality, TV-like experience available on the Internet. A pioneer in delivering Internet TV, Narrowstep offers the expertise and technology to move, manage and monetize video content across the Internet. For more information about Narrowstep, please visit http://www.narrowstep.com/.

About Onstream Media:

Onstream Media Corporation is a leading online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user- generated content in combination with social networks and online video classifieds, utilizing Onstream Media's Auction Video(TM) (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars and web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.

Select Onstream Media customers include: AOL, AAA, AXA Equitable Life Insurance Company, Bonnier Corporation, Dell, Deutsche Bank, Disney, National Press Club, NHL, MGM, PR Newswire, Rodale, Inc., Televisa, WireOne, Shareholder.com, and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, eBay, FiveAcross/Cisco and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com/ or call 954-917-6655.

Cautionary Note Regarding Forward Looking Statements

Certain statements in this document and elsewhere by Onstream Media and Narrowstep Inc are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward- looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. These risks and uncertainties also include the risk that the acquisition does not close, including the risk that required shareholder and regulatory approvals for the acquisition may not be obtained; the risk that the Internal Revenue Service may determine that the acquisition does not qualify as a reorganization for federal income tax purposes; diversion of management's attention away from other business concerns; the risks associated with the development, generally, of the combined company's overall strategic objectives; the ability of the combined company to build additional value in its business; the existence of unanticipated technical, commercial or other setbacks related to the combined company's products and services. Onstream Media and Narrowstep Inc. undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's or Narrowstep Inc.'s filings with the Securities and Exchange Commission.

Additional Information and Where to Find It

Onstream plans to file with the SEC a registration statement on Form S-4 in connection with the proposed transaction, which will include Narrowstep's proxy statement and Onstream's proxy/prospectus for the proposed transaction. THE REGISTRATION STATEMENT AND THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS WILL CONTAIN IMPORTANT INFORMATION ABOUT ONSTREAM AND NARROWSTEP, THE TRANSACTION AND RELATED MATTERS. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT AND THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS CAREFULLY WHEN THEY ARE AVAILABLE. Free copies of the registration statement and the joint proxy statement/prospectus and other documents filed with the SEC by Onstream and Narrowstep can be obtained through the web site maintained by the SEC at http://www.sec.gov/. In addition, free copies of the registration statement and the joint proxy statement/prospectus will be available from Onstream by contacting Onstream at (954) 917-6655 or http://www.onstreammedia.com/ or from Narrowstep by contacting Narrowstep at (609) 945-1760 or http://www.narrowstep.com/ or by directing a request when such a filing is made to Narrowstep, 116 Village Blvd Suite 200, Princeton, NJ 08542.

Media Relations: Investor Relations: Chris Faust Brett Maas FastLane Communications Hayden Communications 973-226-4379 646-536-7331 cfaust@fast-lane.net brett@haydenir.com

Onstream Media Corporation

CONTACT: Media Relations, Chris Faust of FastLane Communications,
+1-973-226-4379, cfaust@fast-lane.net; Investor Relations, Brett Maas of
Hayden Communications, +1-646-536-7331, brett@haydenir.com

Web site: http://www.onstreammedia.com/
http://www.narrowstep.com/

SectorWatch.biz Issues MarketStats on HSYN, SWWC, CWT, YORW, and BWTR

IRVINE, Calif., May 30 /PRNewswire/ -- SectorWatch.biz announces the availability of MarketStats on water-related equities in the news and driving markets today. MarketStats offers a perspective on the aforementioned equities and the opportunity for investors to respond with articles and opinions on the subject and sector creating a confluence of opinion and analysis.

Investors can view MarketStats by visiting: http://www.sectorwatch.biz/ -- a division of financial news hub SmallCapSentinel.com.

Today's MarketStats for water-related companies include Global Ecology Corp. (Pink Sheets: HSYN), which provides ecological cleaning and remediation services to recover the usability of water and land around the globe, SouthWest Water Company , California Water Service Group , The York Water Company , and Basin Water, Inc.

For a profile on Global Ecology Corp. (Pink Sheets: HSYN) visit the following link: http://stockupticks.com/profiles/5-21-08.html

Visit SectorWatch's parent site SmallCapSentinel.com for an environmental-related message board and to read or contribute articles on the subject.

SectorWatch.biz is powered by Market Pathways, a leader in the representation of Small Cap equities for over twenty-seven years. Market Pathways' analyst Brian Kelly holds CRD #2880975. Contact us directly to have your company featured in StockUpTicks.com or SectorWatch.biz using the contact info below

Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SectorWatch.biz, SmallCapSentinel.com and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies have not always approved the statements made in this report.

This report is neither a solicitation to buy nor an offer to sell securities but is for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor, analyst or licensed broker dealer and this report is not investment advice. MP has been paid seven thousand five hundred dollars by HSYN and will receive forty-three thousand shares of HSYN free of selling restrictions for preparation and distribution of this report and other advertising services over a forty-five day period. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject company.

SectorWatch.biz

CONTACT: Shannon Squyres, Editor of Market Pathways, +1-949-955-0107,
for SectorWatch.biz

Web site: http://www.marketpathways.com/
http://www.smallcapsentinel.com/
http://www.stockupticks.com/

Hutchison Telecom Announces Change of Chief Financial Officer

HONG KONG, May 30 /Xinhua-PRNewswire-FirstCall/ -- Hutchison Telecommunications International Limited (SEHK: 2332; NYSE: HTX; ''Hutchison Telecom'') today announced that Mr Tim Pennington has given notice of his resignation as Chief Financial Officer and will step down at the end of August to return to the UK.

We are pleased to also announce that Mr Chris Foll will succeed Mr Pennington as the Chief Financial Officer. Chris was the Chief Financial Officer for the Hutchison Essar India operations for seven years until taking over the Chief Operating Officer position in our Vietnam operations last September.

Mr Dennis Lui, Chief Executive Officer of Hutchison Telecom said: ''Tim has decided to return to the UK after more than four years, during which he made a major contribution to Hutchison Telecom's success. We thank him for the excellent financial leadership he provided and for his valuable contribution to our management team. We wish him success in his future endeavours.''

About Hutchison Telecommunications International Limited

Hutchison Telecommunications International Limited ('Hutchison Telecom' or 'the Group') is a leading global provider of telecommunication services. The Group currently offers mobile and fixed-line telecommunication services in Hong Kong, and operates mobile telecommunication services in Macau, Israel, Thailand, Sri Lanka, Ghana, Indonesia and Vietnam. It was the first provider of 3G mobile services in Hong Kong and Israel. Its leading brands include ''Hutch'', ''3'' and ''Orange''.

Hutchison Telecom is a listed company with American Depositary Shares quoted on the New York Stock Exchange under the ticker HTX and shares listed on the Stock Exchange of Hong Kong under the stock code 2332. A member of the Hong Kong-based Hutchison Whampoa Group, Hutchison Telecom is committed to providing superior telecommunication services in dynamic markets. For more information about Hutchison Telecom, see http://www.htil.com/ .

Cautionary Statements

This press release contains forward-looking statements. Statements that are not historical facts, including statements about the beliefs and expectations of Hutchison Telecommunications International Limited ('the Company'), are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks, uncertainties and assumptions. The Company cautions you that if these risks or uncertainties ever materialise or the assumptions prove incorrect, or if a number of important factors occur or do not occur, the Company's actual results may differ materially from those expressed or implied in any forward-looking statement. Additional information as to factors that may cause actual results to differ materially from the Company's forward-looking statements can be found in the Company's filings with the United States Securities and Exchange Commission.

For enquiries, please contact: Mickey Shiu Hutchison Telecom Work: +852-2128-3107 Mobile: +852-9092-8233 Email: mickeyshiu@htil.com.hk

Hutchison Telecommunications International Limited

Contact: Mickey Shiu, Hutchison Telecom, +852-2128-3107 or +852-9092-8233
or mickeyshiu@htil.com.hk

SectorWatch.biz Issues MarketStats on HJHO, BA, RTN, LMT and BRKA

IRVINE, Calif., May 30 /PRNewswire/ -- SectorWatch.biz announces the availability of MarketStats for private jet brokerage and fractional ownership equities in the news and driving markets today. MarketStats offers a perspective on the aforementioned equities and the opportunity for investors to respond with articles and opinions on the subject and sector creating a confluence of discussion and analysis.

Investors can view our MarketStats by visiting: http://www.sectorwatch.biz/ -- a division of financial news hub SmallCapSentinel.com.

Today's MarketStats for private jet brokerage and fractional ownership companies include Halcyon Jets Holdings Inc. (BULLETIN BOARD: HJHO) , Boeing , Raytheon Company , Lockheed Martin and Berkshire Hathaway Inc. .

For more information on Halcyon Jets Holdings Inc. (OTCBB: HJHO) visit the following link: http://www.trilogy-capital.com/autoir/hjho_autoir.html

Visit SectorWatch's parent site SmallCapSentinel.com for Aviation related stock message boards and to read or contribute articles on the subject. Users are invited to post editorials and messages on the website. Intelligent articles will be posted as "Member Editorials" for review by the investing public.

SectorWatch.biz is powered by Market Pathways, a leader in the representation of Small Cap equities for over twenty-five years. Market Pathways' analyst Brian Kelly holds CRD #2880975. Contact us directly to have your company featured in StockUpTicks.com or SectorWatch.biz using the contact info below.

This report is neither a solicitation to buy nor an offer to sell securities but is for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor, analyst or licensed broker dealer and this report is not investment advice. MP has been paid $1500 by Trilogy Capital Partners for preparation and distribution of this report and other services over a ninety day period. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject company.

SectorWatch.biz

CONTACT: Shannon Squyres, Editor of Market Pathways | SectorWatch.biz,
+1-949-955-0107

Web site: http://www.sectorwatch.biz/

Xilinx Meets Performance Requirements of LTE Wireless Systems With New LogiCORE Turbo Encoder and Decoder SolutionsDelivers 5X throughput boost to developers of next-generation wireless systems

BEIJING, May 30 /PRNewswire/ -- Xilinx Inc. , the world's leading supplier of programmable logic solutions, today announced immediate availability of performance-optimized programmable turbo coding solutions for LTE wireless systems. The new Xilinx 3GPP LTE Turbo Encoder and Decoder LogiCORE(TM) offerings deliver throughput speeds of up to 200 Mbps with the embedded digital signal processing (DSP) capabilities of Spartan(R) and Virtex(R) field programmable gate arrays (FPGAs) to meet the voice and ever-increasing data communications requirements imposed on modern wireless systems by the evolving long-term evolution (LTE) standard.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO)

Turbo Codes were first deployed commercially in 3G wireless systems, primarily WCDMA/HSDPA base station applications. These function as an error correction method to ensure the optimum transfer of communications with performance levels approaching the theoretical Shannon limit (maximum information transfer rate over a noisy channel). The combination of the new Xilinx turbo coding and XtremeDSP(TM) solutions address the even greater throughput demands of 3GPP LTE systems currently in development, in order to meet the aggressive system latency reductions proposed in the new LTE standard. The cores are also designed to rapidly adapt to new and evolving requirements, such as the evolution of TD-SCDMA into the proposed TDD variant of LTE.

"With the release of the 3GPP LTE Turbo Encoder and Decoder, product developers can leverage the vast signal processing capabilities within our FPGAs to free up their system design," said Mark Quartermain, senior manager of baseband processing for the Processing Solutions Group at Xilinx. "These provide a robust communications platform which can both scale to meet different base station topologies from femto to macrocells, and be very simply updated should the Turbo parameters change as the LTE standard goes through the final ratification process."

Xilinx will demonstrate its leading-edge programmable solutions for wireless applications throughout the TD-SCDMA Evolution & LTE Summit held May 31 - June 1, at Shanghai International Conference Center in Xilinx Booth #3.

Optimized for Performance

The throughput delivered by the Xilinx 3GPP LTE Turbo Decoder LogiCORE solution exceeds the performance of competitive offerings by a factor of five. This enables developers to offload the complex, high-performance decoder function from the rest of the baseband solution, which in turn allows them to use more cost-effective DSP processors for the remaining less performance-critical baseband functions. Developers can also trade-off design size against throughput performance by simply selecting the number of processing units available to the decoder function within the Xilinx FPGA, thus ensuring that only the smallest possible device is needed to meet system performance criteria.

The Xilinx 3GPP LTE Turbo Decoder offers features that include: -- Complete Interleaver function -- Full 3GPP LTE block size range (188 block sizes, ranging from 40 - 6144) -- Dynamically selectable number of iterations 1-15 -- Multiple (2, 4, 8) processing units with intelligent scheduler function -- MAX, MAX_SCALE and MAX* (Log-MAP) algorithms -- Bit accurate C model available for fast simulation of BER performance -- Support for Spartan-3, Spartan-3A DSP, Virtex-4, and Virtex-5 FPGAs

The Encoder contains a full 3GPP LTE interleaver block and supports all 188 block sizes in the 40 - 6144 range permitted by the specification. It is based upon a double-buffered symbol memory scheme for maximum throughput performance, and offers flexible control options to simplify integration into the customer's system architecture.

Additional details about the encoder and decoder offerings available at: http://www.xilinx.com/products/ipcenter/DO-DI-TCCENC-LTE.htm and http://www.xilinx.com/products/ipcenter/DO-DI-TCCDEC-LTE.htm respectively.

Pricing and Availability

The new 3GPP LTE Turbo Encoder and Decoder LogiCORE solutions are now shipping with the latest release of the Xilinx CORE Generator(TM) software. They are priced at US$1,500 for the Turbo Encoder and US$15,000 for the Turbo Decoder.

About Xilinx XtremeDSP Solutions

Xilinx is the world's leading supplier of high-performance reconfigurable DSP solutions optimized for performance, price and power. Xilinx XtremeDSP solutions come complete with silicon platforms, design tools, development boards and kits, reference designs and a host of signal processing IP for wireless and multimedia video applications. The XtremeDSP silicon portfolio delivers maximum flexibility with three device platforms: the Virtex-4 SX platform with over 250 GMACS at 500MHz, Virtex-5 SXT platform for ultra-high bandwidth with over 350 GMACS at 550MHz and integrated low-power serial connectivity, and the Spartan-3A DSP platform with the most price-performance optimized devices offering over 30 GMACS at 250MHz. Detailed information is available at http://www.xilinx.com/dsp.

About the TD-SCDMA Forum

TD-SCDMA Forum is a non-profit international telecommunication organization, and the host of all previous International TD-SCDMA Summits. TD-SCDMA Forum aims to provide an interface platform for cooperation in TD-SCDMA and LTE among worldwide standardization organizations, operators, vendors, research institutes, investment organizations, and other relevant companies or groups. This forum is focused on the promotion and productization of TD-SCDMA and LTE technologies. Currently, the forum has more than 400 members from nearly all important sectors of the 3G industry chain, including telecom operators, such as China Mobile, domestic and overseas telecom equipment manufacturers, etc.

About Xilinx

Xilinx is the worldwide leader in complete programmable logic solutions. For more information, visit http://www.xilinx.com/.

#0859p

XILINX, the Xilinx Logo, Virtex, Spartan, ISE and other designated brands included herein are trademarks of Xilinx in the United States and other countries. All other trademarks are the property of their respective owners.

Editorial Contact: Silvia Gianelli Xilinx, Inc. Public Relations (408) 626-4328 silvia.gianelli@xilinx.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Xilinx Inc.

CONTACT: Silvia Gianelli of Xilinx, Inc. Public Relations,
+1-408-626-4328, silvia.gianelli@xilinx.com

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

Buzztime Determines Rookie Program a SuccessOffering support to new users through Rookie Program leads to increased satisfaction among bar and restaurant owners

CARLSBAD, Calif., May 29 /PRNewswire-FirstCall/ -- NTN Buzztime, Inc. , a multi-point social interactive entertainment company, announced it will continue to offer the "Rookie Program" to assist newly subscribed operators of bars and restaurants to realize the full potential of their Buzztime service. The Buzztime(R) Network broadcasts to approximately 3,800 bars and restaurants across North America and the United Kingdom and features casual interactive games played on televisions at each location.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080331/CLM183LOGO)

Buzztime developed the Rookie Program for bar and restaurant operators who are new subscribers to the Buzztime Network. The twelve-month program was created to support new sites from the first day they sign their contracts. The monthly plan includes programs designed to engage and train bar staff on the benefits of Buzztime's service. Future Rookie Program participants will be receiving an expanded version of the program due to its success.

The Rookie Program provides an excellent foundation for creating and implementing successful programs that keep customers entertained and coming back for more. Since the start of the Rookie Program in April 2007, Buzztime has seen an increase in overall operator satisfaction and customer retention.

"We view the bar and restaurant owners offering the Buzztime system in their establishments as our partners. And that is why we will continue to offer an extended version of the Rookie Program to assist our customers in achieving success," said Jake Tauber, EVP Content and Marketing for Buzztime. "The Rookie program helps our subscribers familiarize themselves with the benefits of the Buzztime system and improves the return on their investment."

Rookie Program support includes Buzztime banners, table tents, and window clings, regional promotional posters and signage and individual training by the Regional Marketing Executive. In addition, the program includes a public relations toolkit with ideas on how locations can promote Buzztime at their location, and information on in-house programs that locations can utilize to increase game play. Coming soon, the Rookie Program will offer a Buzztime bar kit that includes bar runners, heavy duty bottle openers, stirrers and napkins.

Rookie Program participants also participate in Buzztime competitions against other newly subscribing restaurants. Prizes are awarded to both players and bar owners, creating a double incentive for locations to promote and utilize the Buzztime system.

About NTN Buzztime, Inc.

NTN Buzztime, Inc., a leader in multi-point social interactive entertainment for more than 20 years, is based in Carlsbad, CA. Buzztime is distributed in-home and out-of-home across broadband platforms including online, cable TV, satellite TV, and in approximately 3,800 restaurants, sports bars and pubs throughout North America and the United Kingdom. Buzztime entertainment is also available on electronic games and in books. For more information, please visit http://www.buzztime.com/.

Buzztime is a proud member of the OVAB |Out-of-home Video Advertising Bureau.

Buzztime is a registered trademark of Buzztime Entertainment, Inc. Forward-looking Statements

This release contains forward-looking statements which reflect management's current views of future events and operations including but not limited to estimates of financial performance and cash flows, trends in subscriber preference and engagement and results of marketing strategies. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include the risk of changing economic conditions, failure of product demand or market acceptance of both existing and new products and services and the impact of competitive products and pricing. Please see NTN Buzztime, Inc.'s recent filings with the Securities and Exchange Commission for information about these and other risks that may affect the Company. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements speak only as of the date hereof, and NTN Buzztime, Inc. does not undertake to publicly update or revise any of its forward-looking statements, even if experience or future changes show that the indicated results or events will not be realized

Buzztime Contact: Jake Tauber Executive Vice President, Content & Marketing NTN Buzztime, Inc. 760.930.5048 Press Contact: Sarah Znerold SZPR 760.943.2333 sarah@szpr.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080331/CLM183LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com NTN Buzztime, Inc.

CONTACT: Jake Tauber, Executive Vice President, Content & Marketing of
NTN Buzztime, Inc., +1-760-930-5048; or Press, Sarah Znerold of SZPR,
+1-760-943-2333, sarah@szpr.com, for NTN Buzztime, Inc.

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

Playlogic et Virgin PLAY annoncent la mise en place d'une joint venture au Royaume-Uni

AMSTERDAM, Pays-Bas, May 30 /PRNewswire/ --

- PlayV Ltd distribuera des titres au Royaume-Uni

L'éditeur Playlogic Entertainment Inc. (OTC Bulletin Board : PLGC) ainsi que l'éditeur et distributeur Virgin PLAY ont annoncé aujourd'hui la création de leur joint venture, PlayV Ltd.

(Logo : http://www.newscom.com/cgi-bin/prnh/20071119/PLAYLOGICLOGO)

PlayV Ltd, une entreprise de vente, marketing et distribution, introduira des appareils portables ainsi que des produits pour PC et consoles des deux parties sur le marché du Royaume-Uni et offrira également des solutions flexibles et proactives de RP, de marketing et de vente à d'autres partenaires de développement et d'édition souhaitant introduire leurs produits sur le marché du détail du Royaume-Uni.

De son siège social à Luton, dans le Bedfordshire, au Royaume-Uni, PlayV Ltd assurera la gestion nationale des RP, du marketing, des ventes et des comptes et offrira du soutien à la gestion financière et au bureau administratif. PlayV Ltd offrira ses produits à une vaste clientèle qui comprend des spécialistes reconnus, des détaillants associés et indépendants, ainsi que d'importantes sociétés point-com en ligne.

La nouvelle structure sera entièrement opérationnelle dès le 1er juillet 2008 et sera dirigée par le vétéran de l'industrie David Hope, à qui l'on doit l'organisation réussie de diverses entreprises de distribution du Royaume-Uni.

Le directeur des ventes et du marketing de Playlogic, Pierre Thiercelin, a commenté cette entente : << Nous sommes très heureux d'initier ce partenariat avec Virgin PLAY. PlayV permettra aux deux sociétés de rattraper le terrain perdu au Royaume-Uni et de consolider davantage leur présence sur le marché. >>

Le directeur général de PlayV, David Hope, a déclaré : << Parallèlement à nos activités principales, nous sommes également enthousiastes à l'idée de travailler avec des développeurs et des éditeurs tiers cherchant à introduire leurs produits sur le marché du Royaume-Uni sans le tracas et les frais liés à la mise sur pied de leur propre entreprise. PlayV Ltd offre une solution personnalisable de vente, de marketing et de logistique et est en mesure de pénétrer l'ensemble du marché du détail. >>

Détails et coordonnées de la société PlayV Ltd 210A, Rez-de-chaussée The Village, Butterfield Great Marlings Luton LU2 8DL Royaume-Uni E-mail : info@playv.co.uk Site Web : www.playv.co.uk

Ã€ PROPOS DE PLAYLOGIC :

Playlogic Entertainment, Inc. est un éditeur indépendant de logiciels de divertissement pour consoles de jeux, PC, appareils portables, dispositifs mobiles et d'autres médias numériques. Playlogic distribue ses produits à l'échelle internationale par l'intermédiaire de tous les réseaux disponibles en ligne et hors ligne. Playlogic, qui compte actuellement quelque 80 employés, est cotée au OTCBB sous le symbole << PLGC >> et est basée à New York ainsi qu'à Amsterdam. Son studio de développement interne de jeux se trouve à Breda (Pays-Bas).

Le portefeuille de Playlogic comprend des jeux développés par plusieurs équipes de la Playlogic Game Factory, le studio de développement interne de Playlogic basé à Breda, ainsi que des jeux développés par un certain nombre de studios à travers le monde. Les effectifs de développement externes comptent environ 400 personnes. La Playlogic Game Factory développe également des titres de premier niveau pour Sony Computer Entertainment Europe.

Playlogic édite des jeux de qualité et utilise une technologie de pointe pour produire un divertissement numérique du concept jusqu'au produit fini. Playlogic prévoit d'éditer 20 titres au cours de l'année 2008.

Ã€ PROPOS DE VIRGIN PLAY :

Virgin Interactive Entertainment Espana S.A. a débuté ses échanges commerciaux en 1995 sous les commandes de Mariele Isidoro et de Francisco Encinas, une filiale de Virgin Interactive Entertainment Ltd, qui était à l'époque une société de VIACOM. Au cours des cinq années suivantes, la société VIE Espana est devenue un leader du secteur des jeux vidéo, grâce au lancement de jeux à succès tels que : Resident Evil 1 et 2, Command and Conquer, C&C : Red Alert, Driver et Baldur's Gate.

En mai 2002, Tim Chaney et Francisco Encinas ont conclu une entente de rachat de l'entreprise par les cadres avec les propriétaires de l'époque de Titus Interactive et ont renommé la société Virgin PLAY. Virgin PLAY est alors devenue le distributeur exclusif sur les marchés espagnols et portugais pour des sociétés telles que : Midway, Ignition (SNK), Take2, Playlogic, Koch Media, Koei et D3P, pour n'en nommer que quelques-unes.

Les premiers projets d'édition de Virgin PLAY, en 2005, ont été Torrente 3, Dead & Furious et Final Armada, qui sont tous devenus des réussites commerciales. De nouveaux titres se sont ajoutés au catalogue de la société, comme Donkey Xote, Snow X Racing (2007), The Crusaders(2008) et prochainement en 2008, Real Madrid --Real Life, Mind Your Language, Pocoyo et Lola Y Virginia, qui seront édités sous la nouvelle marque de Virgin : V.2Play.

Ã‰NONCÃ‰S PROSPECTIFS :

Le présent communiqué contient des énoncés au sujet des attentes, des performances, des prévisions et des perspectives futures de Playlogic, ainsi que des hypothèses sur les événements futurs. Le lecteur est averti de ne pas s'y fier outre mesure puisque ces énoncés sont assujettis à de nombreux facteurs et incertitudes, y compris, mais sans s'y limiter, la conjoncture et les tendances économiques ; les fluctuations des résultats d'exploitation ; la baisse de la demande des clients par rapport aux attentes ; les facteurs de concurrence ; et d'autres facteurs de risque mentionnés à l'occasion dans les rapports de la société déposés auprès de la SEC. Les résultats réels peuvent varier considérablement de nos attentes en raison de ces facteurs importants liés aux activités de PLAYLOGIC et à ses efforts de développement de produits, qui sont décrits plus en détail dans les documents déposés auprès de la Securities and Exchange Commission. Ces documents peuvent Ãªtre obtenus sur le site Web de la SEC au www.sec.gov. Tout énoncé prospectif est basé sur des renseignements accessibles à PLAYLOGIC à la date du présent communiqué, et PLAYLOGIC rejette toute obligation de mettre à jour ces énoncés.

POUR DE PLUS AMPLES RENSEIGNEMENTS : Playlogic International Robert A. van Duivenbode / Agent des RI, des RP et corp. Téléphone : +31-20-676-03-04 Portable : +31-6-53-53-00-10 E-mail : rvanduivenbode@playlogicint.com

Pour obtenir de plus amples renseignements sur Playlogic, sur les jeux que cette société édite et développe, ou pour obtenir des illustrations et des renseignements destinés aux médias, veuillez consulter notre section des médias au www.playlogicgames.com.

Site Web : http://www.playlogicgames.com http://www.playv.co.uk

Playlogic Entertainment Inc.

Robert A. van Duivenbode, Agent des RI & Corp. et des RP de Playlogic International, +31-20-676-03-04, ou portable, +31-6-53-53-00-10, rvanduivenbode@playlogicint.com. Photo : http://www.newscom.com/cgi-bin/prnh/20071119/PLAYLOGICLOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, photodesk@prnewswire.com

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