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BLUE BELL, Pa., June 5 /PRNewswire-FirstCall/ -- C&D Technologies, Inc. , a leading North American producer and marketer of electrical power storage and conversion systems used in telecommunications, uninterrupted power supply systems, utility and other high reliability applications, today announced financial results for the fiscal 2009 first quarter ended April 30, 2008.

Results for the quarter and all comparative financial data included herein reflects the presentation of the Power Electronics Division ("PED") and Motive Power Division ("Motive") as discontinued operations. With these changes C&D's continuing operations are now solely comprised of results from the Standby Power Division.

For the quarter, the Company reported net income of $577,000 or $0.02 per diluted share, compared to net income of $4.1 million or $0.13 per diluted share in the prior year's first quarter. Results in the prior year's first quarter included a gain of $15.2 million, $10.2 million net of minority interest, on the sale of the Company's former Shanghai, China plant, and a loss from discontinued operations of $5.2 million or $0.11 per diluted share. There was no impact from non-recurring items or discontinued operations in this year's first quarter.

First quarter revenues were $93.8 million, up 21% compared to $77.5 million in the prior year's first quarter. Unit volume was up approximately 4% versus the prior year quarter, with the balance of revenue growth due to pricing. Volume growth continues to be driven by fundamental trends in enterprise data center construction, telecommunications networking and consistent strength in the utility market.

Dr. Jeffrey A. Graves, President and CEO said, "First quarter results indicate the inherent value of our business, which has been obscured over the past two years due to a combination of spiraling raw material costs and losses generated by our former Power Electronics and Motive Power divisions. With the impact of lead costs having been effectively normalized this quarter, and with roll through of cost reductions and elimination of loss making businesses, we have seen the Company return to profitability, in line with our objectives. This is an important milestone in our mission and the entire C&D team is to be commended for their hard work and determination, in making this possible."

In the first quarter the Company's gross profit rose more than 30 percent to $13.7 million, or 15 percent of revenues, up from 8 percent sequentially and from 13 percent in the first quarter of fiscal 2008. This improvement was driven by two factors: (1) the catch up of pricing to lead costs, which had lagged substantially throughout last year as lead prices on the LME rapidly increased; and (2) the benefits from cost reduction programs. General and administrative expenses were up $1.1 million on an absolute basis, but fell to 10.3 percent of revenues from 11.0 percent of revenues in the first quarter of 2008. Interest expense in the first quarter was $2.3 million, compared to $2.2 million in the first quarter of fiscal 2008, largely due to higher levels of borrowings on the company's credit facility in China.

Dr. Graves continued, "Our goal remains to generate $15 million of cost reductions in fiscal 2009 through a combination of sourcing, manufacturing, design, and operational effectiveness initiatives. In the first quarter, we estimate that we achieved approximately $2.5 million toward this goal. Prior to this quarter, our cost reduction efforts were necessary to keep pace with spiraling raw material costs. Now that our underlying operations are profitable, and pricing has caught up with lead costs, we expect to see ongoing cost reduction successes directly enhance our bottom line performance. We remain confident in our ability to deliver the remaining $12.5 million of committed cost savings this year."

Dr. Graves concluded, "While the competitive environment remains challenging, our end markets at this time remain resilient. Moreover, we believe that pricing is generally holding and that we are maintaining share in the markets where we compete, namely telecommunications, uninterrupted power supply systems and the utility markets comprising both power generation and transmission infrastructure. These are the largest markets for Standby Power products and we remain the largest provider to these markets in North America, with a steady, and in many cases, a growing market share. Our strong brand, leading North American market share, loyal customers, low-cost manufacturing platform and reputation for innovation and product quality has enabled us to emerge from a challenging time in the company's history with a strong business model and clear path to enhanced profitability."

Conference call:

C&D management will host a conference call to discuss these financial results on June 6, 2008 at 10 a.m. Eastern Daylight Time. Those parties interested in participating in the conference call via telephone should dial 706-679-4521 and enter conference ID number 50496283. A telephone replay of the conference call will begin immediately following the call and will be available through June 20, 2008 at midnight Eastern Daylight Time. To access the rebroadcast, please dial 800-642-1687 (706-645-9291 for international callers) and enter code 50496283. A webcast of the conference call will also be available at http://www.cdtechno.com/.

About C&D Technologies:

C&D Technologies, Inc. provides solutions and services for the switchgear and control (utility), telecommunications, and uninterruptible power supply (UPS), as well as emerging markets such as solar power. C&D Technologies engineers, manufactures, sells and services fully integrated reserve power systems for regulating and monitoring power flow and providing backup power in the event of primary power loss until the primary source can be restored. C&D Technologies' unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. C&D Technologies is headquartered in Blue Bell, PA. For more information about C&D Technologies, visit http://www.cdtechno.com/.

Forward-looking Statements:

This press release may contain forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934), which are based on management's current expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Factors that appear with the forward- looking statements, or in the company's Securities and Exchange Commission filings (including without limitation the company's annual report on Form 10-K for the fiscal year ended January 31, 2008, or the quarterly and current reports filed on Form 10-Q and Form 8-K thereafter), could cause the company's actual results to differ materially from those expressed in any forward-looking statements made herein.

C&D TECHNOLOGIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in thousands, except par value) (UNAUDITED) Three months ended April 30, 2008 2007 NET SALES $93,776 $77,479 COST OF SALES 80,084 67,056 GROSS PROFIT 13,692 10,423 OPERATING EXPENSES: Selling, general and administrative expenses 9,655 8,532 Research and development expenses 1,691 1,531 Gain on sale of Shanghai, China plant - (15,162) OPERATING INCOME FROM CONTINUING OPERATIONS 2,346 15,522 Interest expense, net 2,266 2,177 Other (income), net (373) (631) INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES AND MINORITY INTEREST 453 13,976 Income tax provision from continuing operations 134 94 INCOME FROM CONTINUING OPERATIONS BEFORE MINORITY INTEREST 319 13,882 Minority interest (258) 4,528 NET INCOME FROM CONTINUING OPERATIONS 577 9,354 LOSS FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES - (3,108) Income tax provision from discontinued operations - 2,116 LOSS FROM DISCONTINUED OPERATIONS - (5,224) NET INCOME $ 577 $4,130 Income per share: Basic: Net income from continuing operations $0.02 $0.36 Net loss from discontinued operations $- $(0.20) Net income $0.02 $0.16 Diluted: Net income from continuing operations $0.02 $0.24 Net loss from discontinued operations $- $(0.11) Net income $0.02 $0.13 C&D TECHNOLOGIES, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Dollars in thousands, except par value) (UNAUDITED) April 30, January 31, 2008 2008 ASSETS Current assets: Cash and cash equivalents $6,274 $ 6,536 Restricted cash 1,740 4,383 Accounts receivable, less allowance for doubtful accounts of $1,200 and $1,148 63,523 62,946 Inventories 79,495 85,832 Prepaid taxes 838 800 Other current assets 993 835 Assets held for sale 450 450 Total current assets 153,313 161,782 Property, plant and equipment, net 80,894 79,782 Deferred income taxes 32 32 Intangible and other assets, net 15,841 16,091 Goodwill 59,920 59,870 TOTAL ASSETS $ 310,000 $317,557 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Short-term debt $5,724 $ 5,568 Accounts payable 41,564 51,382 Accrued liabilities 16,191 15,593 Other current liabilities 7,712 9,767 Total current liabilities 71,191 82,310 Deferred income taxes 10,147 10,020 Long-term debt 124,556 124,133 Other liabilities 19,769 20,568 Total liabilities 225,663 237,031 Minority interest 11,492 11,418 Stockholders' equity: Common stock, $.01 par value, 75,000,000 shares authorized; 29,081,110 and 29,081,110 shares issued, respectively 291 291 Additional paid-in capital 75,108 74,995 Treasury stock, at cost, 3,414,633 and 3,414,633 shares, respectively (47,243) (47,243) Accumulated other comprehensive income (21,223) (24,270) Retained earnings 65,912 65,335 Total stockholders' equity 72,845 69,108 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $310,000 $317,557 C&D TECHNOLOGIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in thousands, except par value) (UNAUDITED) Three months ended April 30, 2008 2007 Cash flows from operating activities: Net income $577 $4,130 Net loss from discontinued operations - (5,224) Net income from continuing operations 577 9,354 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Minority interest (258) 4,528 Share-based compensation 113 110 Depreciation and amortization 3,011 2,864 Amortization of debt acquisition costs 424 386 Deferred income taxes 127 1,351 Loss (gain) on disposal of assets 6 (15,203) Changes in assets and liabilities: Accounts receivable (334) (4,519) Inventories 6,547 (419) Other current assets (152) (306) Accounts payable (9,164) (2,451) Accrued liabilities 519 959 Income taxes payable (10) 615 Other current liabilities (1,955) (339) Other liabilities (701) 1,663 Funds provided to discontinued operations - (2,216) Other long-term assets (15) 143 Other, net 1,879 (3,762) Net cash provided by (used in) continuing operating activities 614 (7,242) Net cash provided by discontinued operating activities - 1,082 Net cash provided by (used in) operating activities 614 (6,160) Cash flows from investing activities: Acquisition of property, plant and equipment (3,599) (1,549) Proceeds from disposal of property, plant and equipment - 1,893 Decrease in restricted cash 2,643 - Net cash provided by (used in) continuing investing activities (956) 344 Net cash provided by discontinued investing activities - 39 Net cash provided by (used in) investing activities (956) 383 Cash flows from financing activities: Repayment of debt (21) - Proceeds from new borrowings - 7,597 (Decrease) increase in book overdrafts 58 (313) Financing cost of long term debt - (781) Purchase of treasury stock - (2) Net cash provided by continuing financing activities 37 6,501 Net cash provided by discontinued financing activities - 78 Net cash provided by financing activities 37 6,579 Effect of exchange rate changes on cash and cash equivalents 43 24 Decrease in cash and cash equivalents from continuing operations (262) (373) Cash and cash equivalents, beginning of period 6,536 5,968 Cash and cash equivalents, end of period $ 6,274 $ 5,595

C&D Technologies, Inc.

CONTACT: Shareholders, Ian J. Harvie of C&D, +1-215-619-7835; or Joseph
Crivelli of Gregory FCA for C&D, +1-610-642-8253

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

Focus Media Reports First Quarter 2008 Results

SHANGHAI, China, June 5 /Xinhua-PRNewswire/ -- Focus Media Holding Limited , China's leading multi-platform digital media company, today announced its unaudited financial results for the first quarter ended March 31, 2008.

Highlights for first quarter 2008: -- Total GAAP revenues grew 214.7% year-over-year to $161.6 million. Total GAAP revenues exclude $11.3 million of revenue from our mobile handset advertising business which is classified as discontinued operation. -- GAAP net loss for the first quarter was $53.8 million or $0.42 per fully diluted ADS. The GAAP net loss includes a non-recurring loss of $79.3 million resulting from the restructuring of our mobile handset advertising business. -- Focus Media provides gross margin, operating margin, net income and earnings per ADS on a non-GAAP basis that exclude non-cash share-based compensation expense, acquired intangible assets amortization expense and one-time items to enable investors to better assess the Company's operating performance. The non-GAAP measures are described below and reconciled to the corresponding GAAP measure in the section below titled "Use of non-GAAP Financial Measures". Net income, excluding non-cash share-based compensation expenses, amortization of acquired intangible assets resulting from acquisitions and one-time charges relating to our discontinued operations (non-GAAP) for the first quarter was $44.8 million or $0.34 per fully diluted ADS. -- In the first quarter of 2008, digital out-of-home advertising revenue was $108.7 million, up 113.4% year-over-year. -- Advertising service revenue from our commercial location network, including revenue from our LCD display networks, outdoor digital and non-digital billboard networks and movie theater advertising network, grew 96.8% year-over-year to $62.3 million. -- Advertising service revenue from our in-store network, including revenues from CGEN Digital Media Company Limited ("CGEN"), was $17.3 million, an increase of 160.2% year-over-year. On January 2, 2008, we completed the acquisition of CGEN, which has significantly strengthened our market leadership in the in-store advertising market. -- Advertising service revenue from our in-elevator poster frame network grew 130.3% year-over-year to $29.2 million -- Internet advertising revenue was $49.6 million in the first quarter of 2008.

Dr. Tan Zhi, Chief Executive Officer of Focus Media said, "Our Q1 2008 results were affected by the restructuring of our wireless handset advertising business announced previously. Our digital out-of-home and Internet advertising businesses continued to perform strongly in the first quarter. The recent earthquake in Sichuan province will have a negative impact on our operations in the second quarter, especially to advertising revenues from our networks in the earthquake region, namely Chengdu and Chongqing. However, we believe such affect will be limited to the near term and we continue to look for a strong second-half in 2008."

First Quarter Financial Results

For the first quarter of 2008, Focus Media reported total revenues from continuing operations of $161.6 million, an increase of 214.7% compared to $51.3 million for the first quarter of 2007.

Our total digital out-of-home advertising revenue was $108.7 million in the first quarter of 2008, an increase of 113.4% from $51.0 million in the first quarter of 2007. In the first quarter of 2008, commercial location advertising revenue, outdoor LED and movie theatre advertising, was $62.3 million, contributing 57.3% of total digital out-of-home advertising revenue. Advertising service revenue from our in-store network was $17.3 million, or 15.9% of total digital out-of-home advertising revenue. Advertising service revenue from our in-elevator poster frame network placed primarily in the elevators of residential complexes was $29.2 million in the first quarter of 2008, or 26.8% of total digital out-of-home advertising revenue.

As of March 31, 2008, the total installed base of LCD displays and digital frames in our commercial location network was 119,240 nationwide, including 114,426 displays through our directly owned networks, and 4,814 displays through our regional distributors. The total number of displays installed in our in-store network including CGEN was 61,420 as of March 31, 2008. The total number of non-digital frames available for sale on our poster frame network was 225,473 as of March 31, 2008. In addition, as of March 31, 2008, we had 21,447 digital frames installed on our poster frame network.

Internet advertising service revenue was $49.6 million in the first quarter of 2008, lower than $57.2 million in the fourth quarter of 2008 due to seasonality, as the first quarter has historically been the Company's weakest quarter for advertising revenues.

Gross profit for the first quarter of 2008 was $65.5 million, representing an increase of 129.7% compared to $28.5 million in the first quarter of 2007. In the first quarter 2008, GAAP gross margin for the Company was 40.5%, as compared to 47.8% in the fourth quarter of 2007, mainly due to the contribution from the lower-margin Internet advertising operations. Excluding non-cash share-based compensation expense of $0.3 million and acquisition- related intangible asset amortization expense of $7.3 million in the cost of revenues, gross margin (non-GAAP) was 45.2% in the first quarter of 2008. In the first quarter of 2008, excluding non-cash share-based compensation expense and acquisition-related intangible asset amortization expense, digital out-of- home gross margin (non-GAAP) was 53.9%; Internet advertising gross margin (non-GAAP) was 26.3%.

In the first quarter of 2008, operating expenses totaled $39.2 million, including $3.3 million in acquired intangible asset amortization resulting from acquisitions and non-cash share-based compensation expense of $8.3 million. Selling and marketing expenses in the first quarter totaled $22.4 million, including $3.3 million in acquired intangible asset amortization and $4.6 million in share compensation expense. General and administrative expense in the first quarter was $18.6 million, including $3.7 million in share compensation expense. Our operating margin in the first quarter of 2008 was 16.3%. Excluding non-cash share-based compensation expense and acquired intangible asset amortization expense, our operating margin (non-GAAP) was 28.2% in the first quarter 2008 compared to 36.6% in the fourth quarter of 2007.

Total intangible amortization expense in the first quarter of 2008 resulting from historical acquisitions was $10.7 million. Non-cash share- based compensation expense was $8.6 million in the first quarter of 2008, or 5.3% of total revenues. Total income tax expense was $5.0 million.

In the first quarter of 2008, due to the restructuring of our mobile handset advertising business, we recorded a $79.3 million impairment charge to reduce the carrying value of the business to its estimated fair value less cost to sell and accrue for legal and contingent acquisition consideration payments. As a result, we incurred a GAAP loss for the first quarter of 2008 of $53.8 million, or $0.42 per fully diluted ADS. Net income excluding non- cash share-based compensation expense, acquired intangible assets amortization expense resulting from acquisitions and the non-recurring impairment charge resulted from the restructuring of mobile handset advertising business in the first quarter of 2008 (non-GAAP) was $44.8 million, or $0.34 per fully diluted ADS.

First quarter 2008 operating cash flow was $7.6 million. Day sales outstanding ("DSO") was 127 days in the first quarter mainly due to the consolidation of $40.7 million accounts receivables from CGEN at the end of Q1 2008 and longer receivable cycles of our Internet advertising business. As of March 31, 2008, the Company had cash and cash equivalents of $283.0 million.

BUSINESS OUTLOOK

Due to the impact of the recent earthquake in Sichuan province, our full year 2008 revenue guidance excluding discontinued wireless advertising operations is revised to be between $820 million to $850 million as compared to the previous guidance of between announced $860 million to $890 million, Full year 2008 net income from continued operations excluding share-based compensation expenses, amortization of intangible assets resulting from acquisitions and one-time non-recurring impairment charge resulted from the restructuring of mobile handset advertising business (non-GAAP) to be between US$240 million and US$260 million, or $1.76 to $1.91 per fully diluted ADS based on 136 million annual average total ADS equivalent shares outstanding, as compared to the previous guidance of between US$260 million and US$280 million.

The Company estimates its total revenues for the second quarter of 2008 will range from $190 million to $195 million. Second quarter 2008 net income excluding share-based compensation expenses and amortization of intangible assets resulting from acquisitions (non-GAAP) is expected to be between $54 million and $55 million or $0.40 to $0.41 per fully diluted ADS based on 133 million average total ADS equivalent shares outstanding.

ANNOUNCEMENTS

Focus Media will hold an Analyst Day meeting on Monday June 30, 2008 in its headquarter office: 29/F, No. 369 Jiangsu Road, Shanghai, PR China to provide general updates on the business. Presentations by Focus Media's management team are scheduled to begin at 1:00 p.m. and conclude by approximately 5:00 p.m. Beijing time.

USE OF NON-GAAP FINANCIAL MEASURES

In addition to Focus Media's consolidated financial results under GAAP, the Company also provides non-GAAP financial measures, including non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating margin, non-GAAP net income and non-GAAP earnings per fully diluted ADS, all excluding non-cash share-based compensation and acquired intangible asset amortization expense resulting from acquisitions. The Company believes that these non-GAAP financial measures provide investors with another method for assessing Focus Media's operating results in a manner that is focused on the performance of its ongoing operations. Readers are cautioned not to view non-GAAP results on a stand-alone basis or as a substitute for results under GAAP, or as being comparable to results reported or forecasted by other companies, and should refer to the reconciliation of GAAP results with non-GAAP results in the attached financial information.

The Company believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing the performance of Focus Media and when planning and forecasting future periods. The Company computes its non-GAAP financial measures using the same consistent method from quarter to quarter. The accompanying tables have more details on the GAAP financial measures that are most directly comparable to non-GAAP financial measures and the related reconciliation between these financial measures.

Focus Media Holding Ltd. Reconciliation of GAAP to Non-GAAP (U.S. Dollars in thousands, except percentages, share and per-share data) (Unaudited)

1. Reconciliation of GAAP gross profit, gross margin to Non-GAAP gross profit and gross margin.

3 months ended March 31, 2008 GAAP (a) (b) Non-GAAP Gross profit Commercial location network 35,732 304 1,817 37,853 In-store network 28 -- 857 885 Poster frame network 17,533 -- 2,348 19,881 Digital out-of-home 53,293 304 5,022 58,619 Mobile Handset Advertising Network (492) -- 145 (347) Internet Advertising 10,872 -- 2,164 13,036 Others 1,787 -- -- 1,787 Total 65,460 304 7,331 73,095 Gross margin Commercial location network 57.4% 0.5% 2.9% 60.8% In-store network 0.2% 0.0% 5.0% 5.1% Poster frame network 60.1% 0.0% 8.0% 68.1% Digital out-of-home 49.0% 0.3% 4.6% 53.9% Mobile Handset Advertising Network (298.2%) 0.0% 87.9% (210.2%) Internet Advertising 21.9% 0.0% 4.4% 26.3% Others 57.8% 0.0% 0.0% 57.8% Total 40.5% 0.2% 4.5% 45.2% 3 months ended December 31, 2007 GAAP (a) (b) Non-GAAP Gross profit Commercial location network 47,356 126 3,089 50,571 In-store network (981) -- -- (981) Poster frame network 19,773 -- 3,830 23,603 Digital out-of-home 66,148 126 6,919 73,193 Mobile Handset Advertising Network (566) -- -- (566) Internet Advertising 15,076 -- 2,165 17,241 Others (63) -- -- (63) Total 80,595 126 9,084 89,805 Gross margin Commercial location network 64.5% 0.2% 4.2% 68.9% In-store network (15.2%) 0.0% 0.0% (15.2%) Poster frame network 63.4% 0.0% 12.3% 75.7% Digital out-of-home 59.6% 0.1% 6.2% 65.9% Mobile Handset Advertising Network (379.9%) 0.0% 0.0% (379.9%) Internet Advertising 26.4% 0.0% 3.8% 30.1% Others (20.3%) 0.0% 0.0% (20.3%) Total 47.8% 0.1% 5.4% 53.2% (a) To adjust share-based compensation expenses (b) To adjust amortization of acquisition related intangible assets

2. Reconciliation of net income, earnings per share and operating margin from GAAP to Non-GAAP:

Three months ended 2008-3-31 2007-3-31 2007-12-31 GAAP net income / (loss) attributable to shareholders $(53,810) $16,292 $43,816 Amortization of acquired intangible assets 10,680 1,932 16,862 Share-based compensation 8,624 4,517 7,338 Loss from impairment of discontinued operations (Note 8) 79,322 -- -- Non-GAAP net income $44,816 $22,741 $68,016 GAAP income/(loss) per ADS - basic $(0.42) $0.15 $0.35 GAAP income/(loss) per ADS - diluted $(0.42) $0.15 $0.34 Non-GAAP income per ADS - basic $0.35 $0.21 $0.54 Non-GAAP income per ADS - diluted $0.34 $0.21 $0.52 Shares used in calculating diluted GAAP / Non-GAAP income per ADS 128,049,333 107,179,635 125,710,757 Shares used in calculating diluted GAAP / Non-GAAP income per ADS 131,394,654 110,390,777 129,831,533 GAAP income from operations $26,310 $11,836 $40,583 Amortization of acquired intangible assets 10,680 1,637 13,879 Share-based compensation 8,624 4,517 7,338 Non-GAAP income from operations $45,614 $17,990 $61,880 Non-GAAP operating margin 28.2 % 35.0 % 36.6 % TODAY'S CONFERENCE CALL

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

A replay of the call will be available from June 5, 2008 until June 12, 2008 (US Eastern Time). The dial-in details for the replay are set forth below: U.S. Toll Free Number +1-888-286-8010, International dial-in number +1-617-801-6888; Pass code 22983881.

ABOUT FOCUS MEDIA HOLDING LIMITED

Focus Media Holding Limited is China's leading multi- platform digital media company, operating the largest out-of-home advertising network in China using audiovisual digital displays, based on the number of locations and number of flat-panel television displays in our network, and is also a leading provider of mobile handset advertising and Internet marketing solutions in China. Through Focus Media's multi-platform digital advertising network, the Company reaches urban consumers at strategic locations and point- of-interests over a number of media formats, including audiovisual television displays in buildings and stores, advertising poster frames and other new and innovative media, such as outdoor light-emitting diode or LED digital billboard, mobile handset advertising networks and Internet advertising platforms. As of March 31, 2008, Focus Media's digital out-of-home advertising network had approximately 119,200 LCD display in its commercial location network, approximately 61,400 LCD displays in its in-store network and 246,900 advertising in-elevator poster frames, installed in over 90 cities throughout China, and approximately 200 outdoor LED billboard displays in Shanghai. For more information about Focus Media, please visit our website at http://ir.focusmedia.cn/ .

SAFE HARBOR: FORWARD-LOOKING STATEMENTS

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

Investor and Media contact: Jie Chen Tel: +86-21-3212-4661*6607 Email: ir@focusmedia.cn FOCUS MEDIA HOLDING LIMITED UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (U.S. Dollars in thousands) 2008-3-31 2007-12-31 ASSETS Current assets Cash and cash equivalents $282,953 $450,416 Investment in equity securities 128,550 90,145 Accounts receivables, net 251,774 206,102 Inventories 2,023 1,654 Prepaid expenses and other current assets 23,608 58,885 Deposit paid for acquisition of subsidiaries 49,730 40,402 Amount due from related parties 3,825 5,092 Rental deposits 34,763 28,763 Total assets of discontinued operations 17,512 -- Total current assets $794,738 $881,459 Rental deposits 6,582 5,302 Equipment, net 129,483 95,478 Acquired intangible assets, net 197,083 155,717 Goodwill 1,048,516 943,398 Other long term assets 43,801 58,183 Total assets $2,220,203 $2,139,537 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Short term debt $370 $-- Accounts payable 69,903 50,379 Accrued expenses and other current liabilities 207,509 190,313 Income taxes payable 24,666 21,391 Amount due to related parties 14,260 12,977 Deferred tax liabilities 14,625 1,227 Total liabilities of discontinued operations 35,592 -- Total current liabilities $366,925 $276,287 Deferred tax liabilities 10,140 6,393 Total liabilities $377,065 $282,680 Minority interests 2,083 1,913 Shareholders' equity Ordinary shares 32 32 Additional paid in capital 1,594,706 1,581,580 Retained earnings 182,908 236,718 Accumulated other comprehensive income 63,409 36,614 Total shareholders' equity $1,841,055 $1,854,944 Total liabilities and shareholders' equity $2,220,203 $2,139,537 FOCUS MEDIA HOLDING LIMITED UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (U.S. Dollars in thousands, except share data) Three months ended 2008-3-31 2007-3-31 2007-12-31 Gross revenues (note 4): Digital out-of-home: Commercial locations $67,957 $34,918 $80,128 In-store network 19,077 7,326 7,150 In-elevator poster frame network 31,841 13,854 34,079 Mobile handset advertising 174 -- 156 Internet advertising 51,450 -- 59,318 Other revenue 3,090 381 310 Total gross revenues 173,589 56,479 181,141 Less: Sales taxes 12,026 5,147 12,434 Total revenues 161,563 51,332 168,707 Cost of revenues (note 5): Digital out-of-home Commercial locations 26,558 12,898 26,034 In-store network 17,243 5,027 7,456 In-elevator poster frame network 11,646 4,746 11,419 Mobile handset advertising 657 -- 715 Internet advertising 38,696 -- 42,115 Total advertising service costs 94,800 22,671 87,739 Other costs 1,303 165 373 Total cost of revenues 96,103 22,836 88,112 Gross profit 65,460 28,496 80,595 Operating expenses: General and administrative (note 5) 18,568 8,578 16,593 Selling and marketing (note 5) 22,412 9,338 24,956 Other operating (income)/ expenses, net (1,830) (1,256) (1,537) Total operating expenses 39,150 16,660 40,012 Income from operations 26,310 11,836 40,583 Interest income, net 2,347 2,716 3,492 Other income (expenses), net 223 70 2,702 Income before tax and minority interests 28,880 14,622 46,777 Income tax expense - Current 5,749 965 4,754 - Deferred (713) (125) (267) Total income taxes 5,036 840 4,487 Income before minority interests 23,844 13,782 42,290 Minority Interests 198 (31) 713 Net income from continued operations 23,646 13,813 41,577 (Net loss)/income from discontinued operations (76,852) 2,607 3,401 Income tax 604 128 1,162 Net income/(loss) from discontinued operations (77,456) 2,479 2,239 Net income/(loss) attributed to shareholders (53,810) 16,292 43,816 Income from continued operations - basic $0.18 $0.13 $0.33 Income from continued operations - diluted $0.18 $0.13 $0.32 Income from discontinued operations - basic $(0.60) $0.00 $0.02 Income from discontinued operations - diluted $(0.60) $0.00 $0.02 Income per ADS - basic $(0.42) $0.13 $0.35 Income per ADS - diluted $(0.42) $0.13 $0.34 Shares used in calculating basic income per ADS 128,049,333 107,179,635 125,710,757 Shares used in calculating diluted income per ADS 131,394,654 110,390,777 129,831,533 FOCUS MEDIA HOLDING LIMITED UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASHFLOWS (U.S. Dollars in thousands) 2008-3-31 2007-3-31 2007-12-31 Operating activities: Net income/(loss) $(53,810) $16,292 $43,816 Adjustments to reconcile net income/(loss) to net cash provided by operating activities: Minority interest 198 (31) 713 Impairment provisions 79,322 -- -- Bad debt provision 1,415 796 920 Share based compensation 8,624 4,517 7,338 Depreciation and amortization 6,481 3,838 6,223 Amortization of acquired intangible assets 10,680 1,932 16,862 Changes in assets and liabilities, net of effects of acquisitions (45,294) (3,369) (10,435) Net cash provided by operating activities $7,616 $23,975 $65,437 Investing activities: Purchase of equipment and other long term assets (18,795) (6,633) (18,852) Acquisition of an intangible asset (1,767) -- -- Purchase of subsidiaries, net of cash acquired (84,989) (52,260) (34,041) Deposits paid to acquire subsidiaries (13,369) (20,069) (15,796) Issuance of loan receivables -- -- (30,000) Purchases of available-for-sale securities (37,688) (21,980) (38,632) Net cash used in investing activities $(156,608) $(100,942) $(137,321) Financing activities: Proceeds from issuance of ordinary shares, net of issuance costs 4,503 117,195 326,272 Proceeds from short-term debts 370 -- -- Capital injection from minority shareholders 214 97 -- Repayment of short-term debts (30,041) (3,115) -- Net cash provided by/(used in) financing activities $(24,954) $114,177 $326,272 Effect of exchange rate changes 19,498 2,742 5,785 Net (decrease) increase in cash and cash equivalents $(154,448) $39,952 $260,173 Cash and cash equivalents, beginning of period 450,416 164,611 190,243 Cash and cash equivalents, end of period $295,968 $204,563 $450,416 Supplemental disclosure of cash flow information: Income taxes paid $1,790 $280 $211 Interest paid $-- $-- $8 Supplemental disclosure of non-cash investing activity: Acquisition of subsidiaries: Value of ordinary share consideration $-- $154,281 $-- Accounts payable $25,247 $3,892 $16,935 Notes:

Note 1: Basic income per ADS is computed by dividing income attributable to holders of ordinary shares by the weighted average number of ADS outstanding during the year/period. Diluted income per ADS reflects the potential dilution that could occur if securities or other contracts to issue ADS were exercised or converted into ADS.

Note 2: The conversion of Renminbi (''RMB'') amounts into USD amounts is based on the rate of USD1 = RMB7.019 on March 31, 2008 for balance sheet accounts which dominated in RMB.

Note 3: Following the restructuring of our mobile handset advertising business, we have disposed of, or have determined we will dispose of, 10 subsidiaries, which were mainly focusing on the push-based mobile advertising business. Each of these subsidiaries represented a component of an entity as defined by SFAS No.144 ''Accounting for the impairment or Disposal of Long- lived Assets''. As such, we have classified these subsidiaries as a discontinued operation for all periods presented. Revenue related to discontinued operations was approximately $11.3 million, $6.0 million and $15.8 million for each of the three months ended March 31, 2008, 2007 and December 31, 2007, respectively.

Note 4: Details of net revenues are as follows (U.S. Dollars in thousands): Three months ended 2008-3-31 2007-3-31 2007-12-31 Gross Advertising Service Revenue: Digital out-of-home: Commercial locations - Unrelated parties $67,580 $32,413 $80,021 - Related parties 377 2,505 107 Total Commercial Locations 67,957 34,918 80,128 In-store Network - Unrelated parties 19,077 6,011 7,150 - Related parties -- 1,315 -- Total in-store network 19,077 7,326 7,150 In-elevator Poster Frame Network - Unrelated parties 31,841 13,845 34,025 - Related parties -- 9 54 Total In-elevator Poster Frame Network 31,841 13,854 34,079 Mobile handset advertising - Unrelated parties 174 -- 156 - Related parties -- -- -- Total mobile handset advertising 174 -- 156 Internet advertising - Unrelated parties 51,079 -- 58,965 - Related parties 371 -- 353 Total internet advertising 51,450 -- 59,318 Gross Advertising Services Revenue: 170,499 56,098 180,831 Less: Sales taxes: Digital out-of-home: Commercial locations: 5,667 3,274 6,738 In-store Network 1,806 688 675 In-elevator Poster Frame Network 2,662 1,185 2,887 Mobile handset advertising 9 -- 7 Internet advertising 1,882 -- 2,127 Total sales taxes: 12,026 5,147 12,434 Net Advertising Service Revenue 158,473 50,951 168,397 Add: Other revenue: 3,090 381 310 Net revenues: $161,563 $51,332 $168,707

Note 5: Share-based compensation expense is comprised of the following (U.S. Dollars in thousands):

Three months ended 2008-3-31 2007-3-31 2007-12-31 Cost of revenues $304 $281 $126 Selling and marketing 4,577 2,061 3,005 General and administrative 3,743 2,175 4,207 Sub-total $8,624 $4,517 $7,338

Note 6: The Company has performed preliminary purchase price allocation on their acquisition of CGEN, which occurred in the first quarter of 2008 based on an internal valuation performed by management. The purchase price allocation will be finalized once management has assessed the pending results of independent third party valuations.

Note 7: Earnings per ADS is based on the new conversion ratio of 1 ADS to 5 ordinary shares, effective as of April 11, 2007. The comparative numbers haven been adjusted to reflect the conversion.

Note 8: The $79.3 million impairment charge resulting from wireless handset advertising business restructuring includes 1) impairment loss of acquired intangibles and goodwill of $14.4 million and $23.2 million, respectively; 2) contingent purchase consideration and legal cost accrual of $19.1 million; and 3) $22.6 million loss from write-down the carry amount of the discontinued operations other than acquired intangibles and goodwill to its fair value.

Focus Media Holding Ltd. Reconciliation of GAAP to Non-GAAP (U.S. Dollars in thousands, except percentages, share and per-share data) (Unaudited)

1. Reconciliation of GAAP gross profit, gross margin to Non-GAAP gross profit and gross margin.

2. Reconciliation of net income, earnings per share and operating margin from GAAP to Non-GAAP:

Focus Media Holding Limited

CONTACT: Jie Chen at +86-21-3212-4661*6607 or ir@focusmedia.cn

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

TechTeam Global Acquires OnvaioTechTeam establishes direct presence in the Philippines, strengthens leadership team and creates Asia/Latin America business unit

SOUTHFIELD, Mich., June 5 /PRNewswire-FirstCall/ -- TechTeam Global, Inc. , a worldwide provider of information technology (IT), enterprise support and business process outsourcing services, today announced that it has acquired Onvaio, LLC (Onvaio). Headquartered in Los Gatos, California, with annual revenue of $1.7 million in 2007, Onvaio provides technical support outsourcing for clients globally through its wholly-owned subsidiary, Onvaio Asia Services, Inc., based in Manila, Philippines.

This acquisition, together with the recent partnership established with Rainmaker Asia, Inc., provides TechTeam with an immediate direct presence in the Philippines and the ability to quickly and efficiently expand Philippine-based delivery operations in response to growing customer demand. The acquisition also adds to TechTeam's capabilities in providing software technical support outsourcing services.

Kamran Sokhanvari, Onvaio co-founder, President and Chief Executive Officer, will join TechTeam as Senior Vice President and General Manager of the newly created Asia/Latin America business unit. Kamran will work to aggressively expand TechTeam's presence in these important markets. He will also lead a cross business unit initiative to accelerate growth in TechTeam's software technical support outsourcing business.

Kamran brings 15 years of executive experience leading global service delivery organizations. He has significant experience in driving revenue growth and specializes in contact center solutions and international operations. Prior to Onvaio, Kamran was at Pinnacle Systems where he was Vice President of Services and Worldwide Operations, building a global call center infrastructure supporting 10 million customers. Prior to Pinnacle, Kamran was Vice President of Global Operations and General Manager of Services at Wind River Systems, where he was responsible for overseeing the company's operations and delivering services worldwide.

Armin Pressler, Onvaio co-founder, President and Chief Operating Officer, will join TechTeam as Corporate Vice President, Chief Information Officer and Facilities. He will be focused on optimizing TechTeam's global infrastructure and applications suite, as well as integrating the global capacity plan with facilities and infrastructure.

Armin brings a strong global technology management track record with 17 years of experience within the IT, call center and life sciences industries. Prior to Onvaio, Armin was Chief Information Officer at Wind River Systems, where he drove global IT-business alignment that enabled a new level of business agility. Prior to Wind River, he was employed by Dow Chemical as Global e-Business Program Office Leader and was actively involved in the formation and launch of Elemica.com, the global business-to-business backbone for the $600 billion chemical industry. While at Dow Chemical, he held a number of other positions such as managing the applications and systems of the AgroSciences business unit and leading various Global IT projects.

"We are delighted to welcome Onvaio to TechTeam," said Gary J. Cotshott, President and Chief Executive Officer of TechTeam Global, Inc. "This acquisition is a significant win for TechTeam for a number of reasons. First, Onvaio brings a direct presence in the Philippines, a great team of people and excellent clients. Second, Onvaio's experience in technical support outsourcing for software companies adds depth to our technical support outsourcing capabilities. Third, the acquisition brings two experienced leaders who will hold key positions on the leadership team and will help us in the realization of our strategic objectives."

Gary added, "We are creating an Asia/Latin America business unit in order to take advantage of the market opportunity that these regions present. We have a growing list of existing and prospective multinational customers that have needs throughout the Asia-Pacific and Latin America regions. Further, these markets are growing rapidly and are filled with potential new customers. This is a significant and strategic step for TechTeam."

Conference Call Information

TechTeam Global, Inc. will also host an investor teleconference to discuss its Asian strategy and its implications at 4:30 p.m. EDT, Thursday, June 12, 2008. To participate in the teleconference, including the question and answer session that will follow the results announcement and discussion, please call 1-866-831-6234 (outside the United States, call +1-617-213-8854). When prompted, enter the passcode: 67089226. To access a simultaneous Web cast of the teleconference, go to the TechTeam Global Web site at http://www.techteam.com/investors and click on the Web cast icon. From this site, you can download the necessary software and listen to the teleconference. TechTeam encourages you to review the site before the teleconference to ensure that your computer is configured properly.

A taped replay of the call will be available beginning at approximately 6:30 p.m. EDT, Thursday, June 12, 2008. This toll-free replay will be available through Thursday, June 26, 2008. To listen to the teleconference replay, call 1-888-286-8010 (outside the United States, call +1-617-801-6888). When prompted, enter the passcode: 69452307.

About TechTeam Global, Inc.

TechTeam Global, Inc. is a worldwide provider of information technology, enterprise support and business process outsourcing services to Fortune 1000 corporations, multinational companies, product providers, small- and medium-sized companies, and government entities. TechTeam's ability to integrate computer services into a flexible, ITIL-based solution is a key element of its strategy. Partnerships with some of the world's "best-in-class" corporations provide TechTeam with unique expertise and experience in providing information technology support solutions. For information about TechTeam Global, Inc. and its services, call 800-522-4451 from the United States or visit our Web sites at http://www.techteam.com/ and http://www.techteam.eu/ . TechTeam's common stock is traded on the Nasdaq Global Market under the symbol "TEAM."

Safe Harbor Statement

The statements contained in this press release that are not purely historical, including statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future, are 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. Forward-looking statements include statements regarding, among other things, the potential impact of this acquisition on the Company's revenue and earnings performance going forward. Forward-looking statements may be identified by words including, but not limited to, "anticipates," "believes," "intends," "estimates," "promises," "expects," "should," "conditioned upon," and similar expressions. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Specifically, there are significant risks associated with acquisitions, including the Company's ability to successfully integrate this acquisition on a timely basis, retain key employees, retain key customers, and grow its software technical support business on a global basis. There can be no assurance that it will have the impact on the Company's financial condition and results of operations contemplated in this release. The forward-looking statements included in this press release are based on information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statement. Prospective investors should also consult the risks described from time to time in the Company's Reports on Forms 8-K, 10-Q, and 10-K filed with the United States Securities and Exchange Commission.

TechTeam Global, Inc.

CONTACT: Chris Donohue, VP, Global Strategy & Marketing, or Marc
Lichtman, VP, Chief Financial Officer and Treasurer, both of TechTeam Global,
Inc., +1-248-357-2866

Web site: http://www.techteam.com/
http://www.techteam.com/investors
http://www.techteam.eu/

Comarco Announces New Agreement With Trust for Distribution of ChargeSource Products in EMEA

LAKE FOREST, Calif., June 5 /PRNewswire-FirstCall/ -- Comarco, Inc. , a leading provider of ChargeSource(TM) external power adapters used to power and charge notebook computers, mobile phones, MP3 players and many other rechargeable mobile devices, today announced that it has reached an agreement with Trust International, a leading reseller of consumer electronic devices based in Dordrecht, The Netherlands. The new agreement will give Trust access to the Comarco product portfolio and allow Comarco to broaden the distribution of its ChargeSource power adapters primarily in the European retail market.

"We are extremely excited about our partnership with Comarco," said Mr. Michel Perridon, CEO of Trust. "ChargeSource products are 'Best in Class' with patented technology which enables the 'Slim and Light' form factor and ability to charge all consumer electronic devices simultaneously. ChargeSource will be an important part of our product portfolio. We look forward to working with Comarco to serve the rapidly growing demand for universal laptop power adapters."

"This agreement is an important milestone in our international retail distribution strategy," said Fredrik Torstensson, Vice President, Sales and Marketing of Comarco. "We have worked diligently to develop the most innovative mobile power adapters available and by partnering with Trust, we will be able to further strengthen our presence in the European retail market."

About ChargeSource(TM)

ChargeSource, a division of Comarco Wireless Technologies, Inc., is a leading provider of ChargeSource(TM) external power adapters used to power and charge notebook computers, mobile phones and many other rechargeable mobile devices. For more information about ChargeSource, go to http://www.chargesource.com/.

About Comarco

Based in Lake Forest, Calif., Comarco is a leading provider of external power adapters used to power and charge notebook computers, mobile phones, and many other rechargeable mobile devices. Comarco is also a provider of wireless test solutions and wireless emergency call box systems. More information about Comarco's product lines can be found at http://www.comarco.com/ and http://www.chargesource.com/.

About Trust:

With 25 years of experience, Trust is a global company providing affordable, technology products for PCs, notebooks, iPods, MP3 players and gaming devices. With our brand promise "Life is More! Trust us", we provide a wide range of products which are carefully designed to perform seamlessly with the latest features of your computer or iPod. Trust combines innovative technology and design to create quality products at highly competitive prices. For more information about Trust please visit http://www.trust.com/.

Comarco, Inc.

CONTACT: Fredrik Torstensson, Vice President of Comarco, Inc.,
+1-949-599-7553, ftorstensson@comarco.com; or Investors, Doug Sherk,
dsherk@evcgroup.com, or Jenifer Kirtland, or Media, Donald Takaya,
dtakaya@evcgroup.com, all of EVC Group, +1-415-896-6820, for Comarco, Inc.

Web site: http://www.comarco.com/
http://www.chargesource.com/
http://www.trust.com/

SRA Awarded $56.5 Million Contract by the Environmental Protection AgencySRA continues EPA support in key areas and adds technical and regulatory development and policy services

FAIRFAX, Va., June 5 /PRNewswire-FirstCall/ -- SRA International, Inc. , a leading provider of technology and strategic consulting services and solutions to government organizations, today announced it has won a re-compete contract from the Environmental Protection Agency's (EPA) Office of Emergency Management (OEM), valued at $56.5 million over seven years if all options are exercised.

Under the contract, SRA supports EPA and its partners, other federal agencies, state and local response agencies, industry and other stakeholders to better prepare them for environmental emergencies. Since 2002, SRA has provided EPA with technical analysis and research, regulatory support, conference and meeting support, training, communications and outreach, program evaluation, and management systems and planning. With this new contract, SRA will continue this work and also provide technical and regulatory development services, helping EPA to develop and implement prevention programs that reduce the risk of releases of oil and hazardous substances into the environment; build preparedness capacity for oil and hazardous substance emergencies; and respond to emergency events related to oil and hazardous materials discharges.

"SRA's team brings highly specialized skills to this contract, including decades of experience tackling the technical issues of environmental and health emergencies," said Max Hall, SRA's Civil Sector senior vice president. "Together with EPA, we are addressing some of the most dynamic challenges facing the prevention, preparedness and response communities today, and are proud to expand our work with EPA as it moves forward to embrace an all-hazards approach in emergency management."

About SRA International, Inc.

SRA is a leading provider of technology and strategic consulting services and solutions -- including systems design, development, and integration; and outsourcing and managed services -- to clients in national security, civil government, and health care and public health markets. The company also delivers business solutions for contingency and disaster response planning, information assurance, business intelligence, environmental strategies, enterprise architecture, infrastructure management, and wireless integration.

FORTUNE(R) magazine has chosen SRA as one of the "100 Best Companies to Work For" for nine consecutive years. The company's 6,400 employees serve clients from its headquarters in Fairfax, Virginia, and offices around the world. For additional information on SRA, please visit http://www.sra.com/.

Any statements in this press release about future expectations, plans, and prospects for SRA, including statements about the estimated value of the contract and work to be performed, and other statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forwardlooking statements included in this press release represent our views as of June 5, 2008. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to June 5, 2008.

SRA International, Inc.

CONTACT: Sheila S. Blackwell, +1-703-227-8345, sheila_blackwell@sra.com,
or Kelly Batalle, +1-703-284-5083, kelly_batalle@sra.com both of SRA
International, Inc.

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

Comarco Reports First Quarter Fiscal 2009 Financial Results

LAKE FOREST, Calif., June 5 /PRNewswire-FirstCall/ -- Comarco, Inc. , a leading provider of innovative mobile power solutions through its ChargeSource(R) line of multi-function universal mobile power products and a provider of wireless test solutions and wireless emergency call box systems, today announced financial results for the first quarter of fiscal 2009 ended April 30, 2008.

Revenue for the first quarter of fiscal 2009 was $12.3 million, an increase of 128% compared with $5.4 million in revenue for the first quarter of fiscal 2008. The Company reported a net loss for the recent first fiscal quarter of $1.7 million, or $(0.23) per share. This compared with a net loss of $1.6 million, or $(0.22) per share, in the first quarter of fiscal 2008. Included in the results for the first fiscal quarter of 2009 were non- recurring severance costs totaling $0.9 million related to the departure of former senior management, as well as a $0.9 million increase in legal expenses which largely accounts for the increase in selling, general and administrative costs.

ChargeSource revenue for the first quarter of fiscal 2009 was $3.8 million, an increase of $3.5 million compared with $321,000 reported for the first quarter of fiscal 2008. WTS revenue was $6.1 million in the first quarter of fiscal 2009, up 133% compared with $2.6 million reported for the first quarter of fiscal 2008. Callbox revenue was $2.4 million for the first quarter of fiscal 2009, comparable to the $2.5 million reported in the first quarter of fiscal 2008.

"Our first quarter results reflect the expected growth in revenue from both our ChargeSource and WTS businesses," said Sam Inman, President and Chief Executive Officer of Comarco. "During the first quarter, we delivered 32 of the 41 wireless benchmarking systems ordered by AT&T last December, and we expect to complete delivery of the order during the second quarter. We are continuing discussions with wireless carriers to build additional interest in our WTS Symphony platform jointly developed with our partner Ascom."

"Sales of our ChargeSource products also increased from the first quarter of fiscal 2008, reflecting the ramp up in our Lenovo sales," Mr. Inman continued. "Development of the new cost-reduced small form factor power adapter designed for the retail market is on track and we expect initial shipments this fall. In addition, we continue to make good progress in reducing production and material costs which should result in margin improvements in the second half of the fiscal year. Call box revenue declined slightly compared with the prior year's fiscal first quarter."

The Company reported $10.1 million in cash at April 30, 2008. Forward-Looking Information

This news release includes "forward-looking statements" that are subject to risks, uncertainties, and other factors that could cause actual results or outcomes to differ materially from those contemplated by the forward-looking statements. Forward-looking statements in this release are generally identified by words such as "believes," "anticipates," "plans," "expects," "will," "would," and similar expressions that are intended to identify forward-looking statements. A number of important factors could cause actual results to differ materially from those indicated by these forward-looking statements, including, among others, the impact of perceived or actual weakening of economic conditions on customers' and prospective customers' spending on Comarco products and services; quarterly fluctuations in revenue or other operating results; failure to meet financial expectations of analysts and investors, including failure from significant reductions in demand from earlier anticipated levels; potential difficulties in the assimilation of operations, strategies, technologies, personnel and products of acquired companies and technologies; risks related to market acceptance of Comarco products and the Company's ability to meet contractual and technical commitments with its customers; activities by the Company and others regarding protection of intellectual property; and competitors' release of competitive products and other actions. Further information on potential factors that could affect the Company's financial results are included in risks detailed from time to time in the Company's Securities and Exchange Commission filings, including without limitation the annual report on Form 10-K for the year ended January 31, 2008.

The Company believes that the expectations reflected in these forward-looking statements are reasonable, however, future results, levels of activity, performance, or achievements cannot be guaranteed. Moreover, the Company assumes no responsibility for the accuracy and completeness of the forward-looking statements. In addition, the Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

Earnings Conference Call

Comarco will host a conference call to discuss the financial results for the fiscal first quarter ended April 30, 2008 and current corporate developments at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on Thursday, June 5, 2008. Dial (800) 257-1836 domestically or (303) 262-2130 internationally to listen to the call. A live Webcast will also be made available at http://www.comarco.com/. A replay will be available approximately one hour after the call for 7 days following the call's conclusion. To access the replay, dial (800) 405-2236 for domestic callers or (303) 590-3000 for international callers, both using passcode 11115078#. A Web archive will be made available at http://www.comarco.com/ for 90 days following the call's conclusion.

About Comarco

Based in Lake Forest, Calif., Comarco is a leading provider of innovative mobile power solutions through its ChargeSource line of multi-function universal mobile power products which can simultaneously power and charge multiple devices such as notebook computers, mobile phones, BlackBerry(R) smartphones, iPods(R), and many other rechargeable mobile devices. Comarco is also a provider of wireless test solutions and wireless emergency call box systems. More information about Comarco's product lines can be found at http://www.comarco.com/ and http://www.chargesource.com/.

COMARCO, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited) Three Months Ended April 30, 2008 2007 Revenue $12,333 $5,415 Cost of sales 7,653 3,236 Gross profit 4,680 2,179 Selling, general and administrative costs 4,312 2,406 Engineering and support costs 2,078 1,951 Operating loss (1,710) (2,178) Other income 53 274 Gain on sale of equipment, net - 321 Loss before income taxes (1,657) (1,583) Income tax expense - 32 Net loss $(1,657) $(1,615) Basic and diluted loss per share: Net loss $(0.23) $(0.22) Weighted average common shares outstanding: Basic 7,327 7,366 Diluted 7,327 7,366 Common shares outstanding: 7,327 7,371 COMARCO, INC. CONSOLIDATED BALANCE SHEETS (In thousands) April 30, January 31, 2008 2008 (A) (Unaudited) ASSETS Current Assets: Cash and cash equivalents $10,068 $17,011 Short-term investments 146 336 Accounts receivable, net 15,636 4,728 Inventory 4,619 4,466 Other current assets 965 734 Total current assets 31,434 27,275 Property and equipment, net 2,472 2,586 Software development costs, net 153 - Intangible assets, net 546 525 Goodwill 1,898 1,898 Restricted cash 250 250 Other assets 17 47 $36,770 $32,581 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $985 $1,290 Deferred revenue 4,797 2,221 Deferred compensation 146 336 Accrued liabilities 9,620 5,705 Total current liabilities 15,548 9,552 Tax liability: FIN 48 86 86 Deferred rent 522 573 Deferred revenue 1,354 1,555 Total liabilities 17,510 11,766 Stockholders' equity 19,260 20,815 $36,770 $32,581 (A) Derived from the audited consolidated financial statements as of January 31, 2008.

Comarco, Inc.

CONTACT: Winston Hickman, Chief Financial Officer of Comarco, Inc.,
+1-949-599-7446, whickman@comarco.com; or Investors, Douglas Sherk,
dsherk@evcgroup.com, or Jenifer Kirtland, jkirtland@evcgroup.com, both of EVC
Group, Inc., +1-415-896-6820, for Comarco, Inc.

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

National Semiconductor Reports Results for Fourth Quarter Fiscal 2008- Q4 sales were $462 million, up 2% from Q3 of fiscal 2008 and up 1% from Q4 of fiscal 2007 - Record gross margin percentage of 65.9%, up from 64.3% in Q3 and 62.5% in last year's Q4 - EPS of 34 cents, up from 29 cents in Q3 and 28 cents in Q4 of fiscal 2007 - Sales outlook for Q1 of fiscal 2009 expected to range from $460 million to $475 million

SANTA CLARA, Calif., June 5 /PRNewswire-FirstCall/ -- National Semiconductor Corp. today reported sales of $462 million and net income of $83 million, or 34 cents per share, for the fourth quarter of fiscal 2008 which ended May 25, 2008. National's fourth quarter of fiscal 2008 results included $9 million of pre-tax charges primarily for severances related to previously announced actions. Fourth quarter results also included approximately $6 million of discrete tax benefits.

National's fourth quarter fiscal 2008 sales of $462 million were 2 percent higher sequentially from the third quarter of fiscal 2008, when the company reported $453.4 million in sales and earnings of 29 cents per share.

Gross margin of 65.9 percent in National's fourth quarter of fiscal 2008 was up from the 64.3 percent gross margin achieved in the third quarter of fiscal 2008. The sequential improvement was driven by strong manufacturing performance and cost efficiencies as well as improved product mix of higher-value analog products.

"Business conditions improved in the quarter, and we were able to turn this into higher gross margins," said Brian L. Halla, National's chairman and CEO. "We are focused on growth, expanding our base business into new, attractive markets leveraging our PowerWise(R) product portfolio to help our customers be much more energy efficient in their systems."

Compared to last year, fourth quarter fiscal 2008 sales were up from the $455.9 million reported in the fourth quarter of fiscal 2007, and earnings per share were above the 28 cents recorded a year ago. Gross margin in the fourth quarter of fiscal 2008 was also higher than the 62.5 percent reported in the fourth quarter of fiscal 2007.

Bookings for Q4, Fiscal 2008

National's total company bookings in the fourth quarter of fiscal 2008 increased by 12 percent sequentially over the third quarter. This increase was primarily driven by higher orders from the distribution channel as well as increased bookings for wireless handsets and other personal mobile devices. Regionally, fourth quarter bookings grew in all regions except Japan. Total company bookings exceeded billings in the fourth quarter.

Summary of Fiscal 2008

Annual sales were $1.89 billion compared to $1.93 billion in fiscal 2007. For fiscal 2008, National reported net income of $332 million, including $90 million of pre-tax stock compensation expenses under FASB Statement 123(R), compared to net income of $375 million in fiscal 2007. Earnings per share for the year were $1.26 compared to $1.12 in fiscal 2007 which included $111.5 million of pre-tax stock compensation expenses. National's gross margin in fiscal 2008 increased to 64.4 percent compared to 60.7 percent in fiscal 2007 reflecting continued improvements in the company's higher-value analog portfolio and strong execution in manufacturing. The company's effective tax rate was 26.4 percent for fiscal 2008 compared to 29.3 percent for fiscal 2007. Return on invested capital for fiscal 2008 was approximately 23 percent compared to approximately 21 percent for fiscal 2007.

Other Notable Items in Q4, Fiscal 2008 Results

Fourth quarter fiscal 2008 net results included approximately $9.1 million in expenses for severances and a factory modernization effort as well as $6 million of discrete tax benefits. Also included in fourth quarter fiscal 2008 results was $20 million in pre-tax stock compensation expense under FASB Statement 123(R). One year ago, the fourth quarter of fiscal 2007 included $25 million of pre-tax stock compensation expense.

Outlook for Q1, Fiscal 2009

National anticipates that sales in the first quarter of fiscal 2009 will range from $460 million to $475 million.

Stock Repurchase Program

During the fourth quarter of fiscal 2008, the company repurchased approximately $224 million of stock under its stock buyback program. As of the end of the fourth quarter of fiscal 2008, National had approximately $256 million of authorization still available under approved programs for future stock repurchases. National Semiconductor's fully diluted weighted average share count for the fourth quarter of fiscal of 2008 was 246.3 million shares, down from 255.5 million shares in the third quarter of fiscal 2008.

Company Declares Dividend

The company announced today that the Board of Directors has declared a cash dividend of $0.06 per outstanding share of common stock. This dividend will be paid on July 7, 2008 to shareholders of record at the close of business on June 16, 2008.

Special Note

This release contains forward-looking statements dependent on a number of risks and uncertainties pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Except for historical information contained herein, the matters set forth in this press release, including management's expectations regarding future performance, are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially from those forward-looking statements. Potential risks and uncertainties include, but are not restricted to, such factors as new orders received and shipped during the quarter, the degree of factory utilization, the sale of inventories at existing prices, and the ramp up and sale of new analog products. Other risk factors are included in the Company's Annual Report on Form 10-K for the fiscal year ended May 27, 2007 under the captions "Outlook", "Risk Factors" and "Management's Discussion and Analysis of Financial Conditions and Results of Operations" contained therein and the 10-Q for the quarter ended February 24, 2008.

About National Semiconductor

National Semiconductor creates energy-efficient analog and mixed-signal semiconductors. Its PowerWise(R) products enable systems that consume less power, extend battery life, and generate less heat. Headquartered in Santa Clara, Calif., National reported sales of $1.89 billion for fiscal 2008 which ended May 25, 2008. Additional company and product information is available at http://www.national.com/.

Media Contact: Financial: LuAnn Jenkins Mark Veeh National Semiconductor National Semiconductor (408) 721-2440 (408) 721-5007 luann.jenkins@nsc.com invest.group@nsc.com NATIONAL SEMICONDUCTOR CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (In millions, except per share amounts) Three Months Ended Twelve Months Ended May 25, May 27, May 25, May 27, 2008 2007 2008 2007 Net sales $462.0 $455.9 $1,885.9 $1,929.9 Cost of sales 157.4 171.1 671.5 757.7 Gross margin 304.6 284.8 1,214.4 1,172.2 Research and development 90.2 95.7 363.0 363.7 Selling, general and administrative 79.8 75.0 315.5 310.9 Severance and restructuring expenses 9.1 0.6 27.2 4.6 Gain on sale of manufacturing plant assets - - (3.1) - Litigation settlement - - 3.3 - In-process research and development charge - - - 6.1 Other operating income, net (0.4) (0.6) (0.6) (2.8) Operating expenses 178.7 170.7 705.3 682.5 Operating income 125.9 114.1 509.1 489.7 Interest income 4.8 9.8 33.8 40.1 Interest expense (19.6) 0.1 (85.5) (1.2) Other non-operating income (expense), net 1.1 0.9 (6.2) 2.0 Income before taxes 112.2 124.9 451.2 530.6 Income tax expense 29.0 34.8 118.9 155.3 Net income $83.2 $90.1 $332.3 $375.3 Earnings per share: Basic $0.35 $0.29 $1.31 $1.17 Diluted $0.34 $0.28 $1.26 $1.12 Selected income statement ratios as a percentage of sales: Gross margin 65.9% 62.5% 64.4% 60.7% Research and development 19.5% 21.0% 19.2% 18.8% Selling, general and administrative 17.3% 16.5% 16.7% 16.1% Net income 18.0% 19.8% 17.6% 19.4% Effective tax rate 25.8% 27.9% 26.4% 29.3% NATIONAL SEMICONDUCTOR CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions) May 25, May 27, 2008 2007 ASSETS Current assets: Cash and cash equivalents $736.8 $828.6 Receivables 137.3 150.6 Inventories 148.6 176.0 Deferred tax assets 80.2 73.2 Other current assets 66.0 62.1 Total current assets 1,168.9 1,290.5 Net property, plant and equipment 557.3 583.5 Goodwill 60.5 63.6 Deferred tax assets 208.7 197.8 Other assets 112.2 69.9 Total assets $2,107.6 $2,205.3 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Current portion of long-term debt $62.5 $- Accounts payable 53.5 59.9 Accrued expenses 180.3 122.7 Income taxes payable 12.3 117.4 Total current liabilities 308.6 300.0 Long-term debt 1,414.8 20.6 Long-term income taxes payable 143.4 - Other non-current liabilities 85.4 157.7 Total liabilities $1,952.2 $478.3 Commitments and contingencies Shareholders' equity: Common stock of $0.50 par value $116.3 $155.1 Retained earnings 125.9 1,685.7 Accumulated other comprehensive loss (86.8) (113.8) Total shareholders' equity 155.4 1,727.0 Total liabilities and shareholders' equity $2,107.6 $2,205.3 NATIONAL SEMICONDUCTOR CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions) Twelve Months Ended May 25, May 27, 2008 2007 Cash flows from operating activities: Net income $332.3 $375.3 Adjustments to reconcile net income with net cash provided by operating activities: Depreciation and amortization 132.7 144.7 Share-based compensation expense 89.7 111.5 Excess tax benefit from share-based payment arrangements (17.0) (12.6) Tax benefit associated with stock options 27.5 29.6 Loss (gain) on investments 6.0 (2.0) Loss on disposal of equipment 3.3 0.7 Non-cash restructuring expenses 4.5 - Gain on sale of manufacturing plant assets (3.1) - In-process research and development charge - 6.1 Other, net 4.0 2.4 Changes in certain assets and liabilities, net: Receivables 13.3 57.9 Inventories 27.1 15.7 Other current assets (19.3) 7.9 Accounts payable and accrued expenses 44.5 (126.0) Income taxes 29.4 2.7 Other non-current liabilities (30.6) 4.4 Net cash provided by operating activities 644.3 618.3 Cash flows from investing activities: Purchase of property, plant and equipment (111.3) (106.6) Business acquisition, net of cash acquired - (8.2) Proceeds from sale of property, plant, and equipment 16.6 1.2 Sale and maturity of available-for-sale securities - 110.8 Proceeds from sale of investments 0.2 - Funding of benefit plan (5.6) (8.5) Other, net (1.9) 2.9 Net cash used in investing activities (102.0) (8.4) Cash flows from financing activities: Proceeds from unsecured senior notes, net of issuance costs 992.9 - Proceeds from bank borrowings, net of issuance costs 1,996.5 - Repayment of bank borrowing (1,546.8) - Payment on software license obligations (8.7) (8.7) Excess tax benefit from share-based payment arrangements 17.0 12.6 Minimum tax withholding paid on behalf of employees for net share settlements (14.6) (1.4) Issuance of common stock 103.7 103.1 Purchase and retirement of treasury stock (2,123.5) (774.0) Cash dividends declared and paid (50.6) (45.1) Net cash used in financing activities (634.1) (713.5) Net decrease in cash and cash equivalents (91.8) (103.6) Cash and cash equivalents at beginning of year 828.6 932.2 Cash and cash equivalents at end of year $736.8 $828.6 PART I. FINANCIAL INFORMATION EARNINGS PER SHARE (Unaudited) (In millions, except per share amounts) Three Months Ended Twelve Months Ended May 25, May 27, May 25, May 27, 2008 2007 2008 2007 Earnings per share: Basic $0.35 $0.29 $1.31 $1.17 Diluted $0.34 $0.28 $1.26 $1.12 Net income used in basic and diluted earnings per share calculation $83.2 $90.1 $332.3 $375.3 Weighted-average shares outstanding: Basic 236.8 312.0 252.8 319.5 Diluted 246.3 327.5 264.3 334.2 OTHER FINANCIAL STATEMENT DETAIL (In millions) Other operating Three Months Ended Twelve Months Ended income, net May 25, May 27, May 25, May 27, 2008 2007 2008 2007 Net intellectual property income $(0.4) $(0.6) $(0.6) $(1.8) Other - - - (1.0) Total other operating income, net $(0.4) $(0.6) $(0.6) $(2.8) Other non-operating income (expense), net Gain (loss) on investments $1.1 $0.9 $(6.0) $2.0 Charitable contribution - - (0.2) - Total other non-operating income (expense), net $1.1 $0.9 $(6.2) $2.0

National Semiconductor Corp.

CONTACT: Media, LuAnn Jenkins, +1-408-721-2440, luann.jenkins@nsc.com,
or Financial, Mark Veeh, +1-408-721-5007, invest.group@nsc.com, both of
National Semiconductor Corp.

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

Eight California Graduates Awarded Verizon Foundation ScholarshipsMore Than $4.6 Million in Scholarships to Benefit 933 Children of Verizon Employees Across the Country

THOUSAND OAKS, Calif., June 5 /PRNewswire/ -- Eight California graduates whose parents work for Verizon have received good news: They are among 933 students nationwide who have earned college scholarships from the Verizon Foundation.

These scholars will receive scholarships for the 2008-2009 academic year through Verizon's scholarship program for the children and dependents of company employees. Each student will receive $5,000 annually toward his or her college expenses and is eligible to receive a maximum award of $20,000 throughout four years of college.

This year's recipients are: -- Jay Andrew Barcelon of Long Beach, son of Verizon employee Hilario Barcelon, who plans to attend the University of California, Berkeley. -- Randi Boord of Woodland Hills, daughter of Verizon employee Bonnie Boord, who plans to attend Concordia University in Irvine. -- Jonathan Gill of Alta Loma, son of Verizon employee Elena Gill, who plans to attend the University of California, Riverside. -- Christian Griffiths of Apple Valley, son of Verizon employee Bradley Griffiths, who plans to attend Stanford University. -- Desiree Holman of North Highlands, daughter of Verizon Wireless employee Lisa Holman, who plans to attend California State University, Sacramento. -- Jeremiah Lukacs of Hesperia, son of Verizon employee Bela Lukacs Jr., who plans to attend California State University, San Bernardino. -- Ruben Vargas of Sylmar, son of Verizon employee Carmen Vargas, who has not yet decided which college to attend. -- Laura Vioral of Upland, daughter of Verizon employee Lawrence Vioral, who plans to attend the University of San Diego.

Verizon's scholarship program selects recipients based on financial need, academic achievement and extracurricular activities. The scholarships are for high school seniors who plan to attend an accredited four-year institution.

Since 2001, more than 2,050 students from across the country have benefited from the scholarship program, which has invested almost $32.3 million toward the college education of children and dependents of Verizon employees. For the 2008-2009 academic year, the Verizon Foundation will invest approximately $4.6 million toward the education of 933 Verizon scholars -- 250 freshmen and 683 upperclassmen.

"At Verizon, we pride ourselves in being a great place to work, but this scholarship program is more than a great benefit to our employees and their children," said Tim McCallion, president of Verizon's West region. "It's a significant investment in our future leaders and in the future of our communities."

The Verizon Foundation awards the scholarships in partnership with Scholarship America, the nation's largest nonprofit, private sector scholarship and educational support organization, which was founded in 1958.

A list of Verizon scholars is available on the Verizon Foundation Web site, at http://www.verizon.com/foundation.

The Verizon Foundation, the philanthropic arm of Verizon Communications, supports the advancement of literacy and K-12 education through its signature program, Thinkfinity.org, and fosters awareness and prevention of domestic violence. In 2007, the foundation awarded more than $67.4 million in grants to nonprofit agencies in the United States and abroad. The foundation also matched the charitable donations of Verizon employees and retirees, resulting in $25.1 million in combined contributions. Through Verizon Volunteers, one of the nation's largest employee volunteer programs, Verizon employees and retirees have volunteered more than 3 million hours of community service since Verizon's inception in 2000.

For more information on the foundation, visit http://www.verizon.com/foundation.

Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 67 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employed a diverse workforce of approximately 232,000 as of the end of the first quarter 2008 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.

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

Verizon

CONTACT: Jon Davies, +1-805-372-6969, jon.davies@verizon.com

Web site: http://www.verizon.com/
http://www.verizon.com/foundation
http://www.verizon.com/news

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

Compuware Hosts North American Uniface User ForumEvent to Focus on Uniface Innovation and Best Practices

DETROIT, June 5 /PRNewswire-FirstCall/ -- Compuware Corporation today announced that the North American Uniface User Forum will be held in Detroit at Compuware's world headquarters June 8-11, 2008. This four-day event will focus on best practices and knowledge sharing among Compuware Uniface users and will feature speakers from the Uniface product development team who will provide insight on future innovations for the application development solution.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080605/CLTH112LOGO )

The Uniface User Forum will provide Uniface users with a clear understanding of new product enhancements, strategic future direction, and insight on how other organizations use the Uniface platform to build business-critical applications. Specifically, this event will give attendees:

-- Details on what is new in Uniface--including new Web 2.0 and SOA product innovations--as well as an overview of the product roadmap and strategy for Uniface moving forward; -- A close examination of the reality behind the buzz about SOA and Web 2.0 as an approach to software development; -- Insight from other Uniface users on how they have harnessed the power of Uniface to deliver cutting-edge applications; -- The opportunity to network and discuss their experiences and needs with other Uniface users, Uniface consultants, industry experts and Compuware management.

"We are excited to host the North American Uniface User Forum in Detroit," said Aad van Schetsen, Vice President of Uniface Solutions at Compuware Corporation. "This is an excellent opportunity for Uniface users to network and interact with their peers on best practices as well as learn where Uniface is headed in the future, in an exciting and entertaining environment."

To register for this event, visit: https://www.applyweb.com/public/register?s=uniface View the conference agenda at: http://www.uug.org/optimalview/wrd/run/portal.show?c=15

Other Uniface User Forums have taken place or are currently scheduled in: Belgium (June 3); The Czech Republic (June 5-6); The Netherlands (June 19) and Germany (September).

Compuware will also host CU2008, the Worldwide Uniface User Conference on December 1-2, 2008 in Amsterdam, The Netherlands. For more information on CU2008 visit: http://www.cu2008.info/ (this website will be activated soon).

Compuware Corporation

Compuware Corporation makes IT rock around the world by helping CIOs more effectively manage the business of IT. Compuware solutions accelerate the development, improve the quality and enhance the performance of critical business systems while enabling CIOs to align and govern the entire IT portfolio, increasing efficiency, cost control and employee productivity throughout the IT organization. Founded in 1973, Compuware serves the world's leading IT organizations, including more than 90 percent of the Fortune 100 companies. Learn more about Compuware at http://www.compuware.com/

Press Contact Matt Franciosi, Compuware Communications and Investor Relations, matthew.franciosi@compuware.com, 313-227-9667 For Sales and Marketing Information Compuware Corporation, One Campus Martius, Detroit, MI 48226, 800-521-9353, http://www.compuware.com/

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080605/CLTH112LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Compuware Corporation

CONTACT: Press, Matt Franciosi of Compuware Corporation, Communications
and Investor Relations, +1-313-227-9667, matthew.franciosi@compuware.com, or
Compuware Communications Sales and Marketing, +1-800-521-9353

Web site: http://www.compuware.com/
http://www.cu2008.info/

Company News On-Call: http://www.prnewswire.com/comp/112310.html

Lockheed Martin Aegis Ballistic Missile Defense Weapon System Destroys Ballistic Missile in Terminal Phase

MOORESTOWN, N.J., June 5 /PRNewswire/ -- Lockheed Martin's Aegis Ballistic Missile Defense (BMD) Weapon System successfully detected, tracked and intercepted a short-range unitary ballistic missile target in the terminal phase of its trajectory during a test today at the Pacific Missile Range off the coast of Hawaii.

This mission was the first to use the latest version of the Aegis BMD weapon system -- Aegis BMD 3.6.1. -- which adds to the proven sea-based missile defense system the capability to defeat short-range ballistic missiles, that have re-entered the atmosphere in their final stage of flight. The system will be certified for U.S. Navy fleet operations later this year.

In the test mission, the SPY-1B radar on the Aegis BMD cruiser USS Lake Erie (CG 70) detected and tracked the ballistic missile target, and computed a targeting solution to guide two SM-2 Block IV missiles to a successful endo-atmospheric (within the atmosphere) intercept. Once the SM-2s were launched from the ship's Lockheed Martin-developed MK-41 Vertical Launching System (VLS), Aegis guided the missiles through the terminal phase of the intercept. The SM-2 Block IV missiles were recently modified to perform the terminal phase endo-atmospheric intercept of a ballistic missile.

While this event marked the first test in the Missile Defense Agency's evaluation of Aegis BMD against a ballistic missile in its terminal phase, this is the second Aegis success in the terminal phase. In May 2006, the USS Lake Erie successfully intercepted a short-range ballistic missile in its terminal phase in a Navy-sponsored test using a version of the Linebacker Program first developed in 1998.

In addition to the terminal phase successes, Aegis BMD has 12 successful exo-atmospheric intercepts in 14 attempts in the midcourse phase of flight. Separate from the ballistic missile defense tests, USS Lake Erie's Aegis BMD Weapon System was temporarily modified and successfully destroyed an errant United States satellite in February.

"Ballistic missiles present different challenges during each phase of flight, and Aegis BMD is proving its full range of flexibility," said Orlando Carvalho, vice president of Lockheed Martin's Surface/Sea-Based Missile Defense line of business. "That flexibility reflects the disciplined systems engineering that invented, evolved and continues to develop Aegis capabilities against threats yet to come. Engaging ballistic missiles from the sea in the terminal phase is challenging for both the Sailors who executed this mission and the weapon system they used. Sea-Based Terminal is a critical capability in the Aegis BMD weapon system that provides protection to population centers, our deployed forces abroad, and critical infrastructure."

The Missile Defense Agency and the U.S. Navy are jointly developing Aegis BMD as part of the United States' Ballistic Missile Defense System (BMDS). Currently, 12 U.S. Navy Aegis-equipped warships have the ability to conduct long-range search and track, and engage ballistic missiles. Another five Aegis warships are equipped with Aegis BMD long-range surveillance and track capability. By the end of 2008, 15 Aegis destroyers and three Aegis cruisers will have the capability to engage short to intermediate-range ballistic missile threats and support other BMDS engagements using the Aegis BMD Weapon System and the SM-3. The Aegis BMD 3.6.1 tested today will be installed on all U.S. Navy Aegis BMD ships beginning in 2009.

Japan has purchased Aegis BMD capability for its Kongo-class Aegis destroyers, and completed its first successful test of Aegis BMD in December 2007.

The Aegis Weapon System is currently deployed on 85 ships around the globe with more than 20 additional ships planned or under contract. In addition to the U.S., Aegis is the maritime weapon system of choice for Japan, South Korea, Norway, Spain and Australia.

Lockheed Martin is a world leader in systems integration and the development of air and missile defense systems and technologies, including the first operational hit-to-kill missile defense system, Patriot Advanced Capability-3 (PAC-3). It also has considerable experience in interceptor systems, kill vehicles, battle management command, control and communications, precision pointing and tracking optics, as well as radar and other sensors that enable signal processing and data fusion. The company makes significant contributions to nearly all major U.S. Missile Defense Systems and participates in several global missile defense partnerships.

Headquartered in Bethesda, MD, Lockheed Martin employs more than 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2007 sales of $41.9 billion.

For additional information on Lockheed Martin Corporation, visit: http://www.lockheedmartin.com/

Lockheed Martin

CONTACT: Ken Ross of Lockheed Martin +1-856-722-6941,
+1-856-912-5802 (cell), kenneth.b.ross@lmco.com

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

Company News On-Call: http://www.prnewswire.com/comp/534163.html

Raytheon Standard Missile-2 Intercept Demonstrates Near-Term, Sea-Based Terminal Capability

KAUAI, Hawaii, June 5, 2008 /PRNewswire/ -- PACIFIC MISSILE RANGE FACILITY -- Two Raytheon Company -built Standard Missile-2 Block IV missiles successfully intercepted and destroyed a short-range ballistic missile target above the Pacific Ocean June 5. The successful engagement demonstrated a near- term, sea-based capability for stopping threat ballistic missiles in their terminal or final phase of flight.

The short-range ballistic missile target was launched from the Mobile Launch Platform operating off the coast of Kauai on the Pacific Missile Range Facility while the crew of the guided missile cruiser USS Lake Erie (CG-70) fired the modified SM-2 Block IV surface-to-air missiles.

"This intercept is a major step toward deploying a viable sea-based capability to stop threat ballistic missiles in the final moments before they strike," said Frank Wyatt, Raytheon Missile Systems vice president of Naval Weapon Systems. "SM-2 Block IV can destroy incoming missiles through either direct impact or by exploding close to the target."

This was the second test of a modified SM-2 Block IV and the first to use an operational version of the Aegis Ballistic Missile Defense combat system that includes the terminal BMD mission capability.

Raytheon also produces Standard Missile-3 designed to defend against short-to-intermediate range ballistic missile threats in the midcourse phase of flight as well as the Exoatmospheric Kill Vehicle, a key element of the U.S. Army's Ground-based Midcourse Defense program.

Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning more than 86 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.

Note to Editors: Raytheon's missile defense hit-to-kill successes: Standard Missile-3 Exoatmospheric Kill Vehicle Jan. 25, 2002 Oct. 2, 1999 June 13, 2002 July 13, 2001 Nov. 21, 2002 Dec. 3, 2001 Dec. 11, 2003 March 15, 2002 Feb. 24, 2005 Oct. 14, 2002 Nov. 17, 2005 Sept. 1, 2006 June 22, 2006 Sept. 28, 2007 April 26, 2007 June 22, 2007 Nov. 6, 2007 Dec. 17, 2007 Feb. 20, 2008 Contact: John Patterson 520.794.4559 john_b_patterson@raytheon.com

Raytheon Company

CONTACT: John Patterson of Raytheon Company, +1-520-794-4559,
john_b_patterson@raytheon.com

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

Brocade Showcases Comprehensive Suite of Windows File Management Solutions as Platinum Sponsor at Microsoft Tech*Ed

SAN JOSE, Calif., June 5 /PRNewswire-FirstCall/ -- Brocade(R) , the leader in data center networking solutions that help enterprises connect and manage their information, will offer a full lineup of demonstrations and presentations about the company's Windows-based file management solutions at next week's Microsoft Tech*Ed North America 2008 IT Professionals conference.

Products in the comprehensive Brocade file management suite greatly simplify file data management in Microsoft Windows environments by automating tasks such as transparent migration, consolidation, replication, and capacity management. As a result, Brocade helps organizations optimize server and storage assets, increase operational flexibility, and significantly reduce overall storage costs. The conference runs from June 10 to 13, 2008 at the Orange County Convention Center in Orlando, Florida.

Brocade file management solution demonstrations will take place in Exhibit Hall booth #901. Demonstrations include:

-- Non-disruptive, transparent file migration using Brocade File Management Engine (FME). Brocade FME enables non-disruptive file movement that helps IT administrators migrate open or locked files, even while users are accessing or writing to those files. This combination of intelligent file movement with continued uptime and access enables organizations to remain productive during file data migrations. -- Policy-based file tiering using Brocade FME. Brocade FME automates the classification and transparent placement of file data within a tiered storage infrastructure -- improving availability, simplifying management, and optimizing resource utilization. -- Remote site file data management using Brocade StorageX(R). Brocade StorageX provides Windows administrators with a comprehensive solution for managing geographically distributed files. The Brocade StorageX replication manager provides policies for replicating file data to a central backup location, thereby eliminating the need to maintain a tape backup infrastructure at each location. Additionally, the product's failover policies enable fast and seamless failover from the primary to the secondary copy of files -- improving data availability in the event of a server failure or outage.

Brocade representatives will also present at the following session during the conference:

-- Wednesday, June, 11 at 2:45 p.m. EDT - Ed McClanahan, Principal Engineer, and Ian Evans, Principal Strategist, will present a session entitled "Move IT: Best Practices for Achieving Non-disruptive File Mobility in a Virtualized Environment" (Session GNL351).

For more information on the conference, please visit http://www.microsoft.com/events/teched2008/itpro.

About Brocade

Brocade is the leading provider of data center networking solutions that help organizations connect, share, and manage their information in the most efficient manner. Organizations that use Brocade products and services are better able to optimize their IT infrastructures and ensure compliant data management. For more information, visit the Brocade Web site at http://www.brocade.com/ or contact the company at info@brocade.com.

Brocade, Fabric OS, File Lifecycle Manager, MyView, and StorageX are registered trademarks and the Brocade B-wing symbol, DCX, and SAN Health are trademarks of Brocade Communications Systems, Inc., in the United States and/or in other countries. All other brands, products, or service names are or may be trademarks or service marks of, and are used to identify, products or services of their respective owners.

Brocade

CONTACT: Media, Kathryn Craig, +1-832-230-2249, kcraig@brocade.com, or
Investors, Alex Lenke, +1-408-333-6758, alenke@brocade.com, both of Brocade;
or Ian Yellin of Ogilvy PR, +1-415-677-2714, ian.yellin@ogilvypr.com, for
Brocade

Web site: http://www.brocade.com/
http://www.microsoft.com/events/teched2008/itpro

/C O R R E C T I O N -- Plexus Corp./

In the news release, Plexus to Hold Investor Day on June 18, 2008, issued earlier today by Plexus Corp. over PR Newswire, in the WEBCAST section, the necessary URL was inadvertently not included. To access this webcast please visit: http://tinyurl.com/43bdgl

Plexus Corp.

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

General Dynamics NASSCO Delivers USNS Robert E. Peary

SAN DIEGO, June 5 /PRNewswire-FirstCall/ -- General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics , today delivered USNS Robert E. Peary (T-AKE 5) to the U.S. Navy. Named in honor of the Navy rear admiral who led the first expedition to the North Pole, the Robert E. Peary is the fifth ship delivered in the Navy's T-AKE dry cargo-ammunition ship program in two years.

"Starting with the delivery of USNS Lewis and Clark in June 2006, NASSCO has delivered five ships into service with the Navy's Military Sealift Command," said Frederick J. Harris, president of General Dynamics NASSCO. "Like her sister ships, T-AKE 5 is a high-quality, extremely-capable auxiliary ship that is complete and ready to help fulfill the Navy's global combat logistics requirements."

Construction of the USNS Robert E. Peary began in July 2006. NASSCO has incorporated international marine technologies and commercial ship-design features into T-AKE class ships, including an integrated electric-drive propulsion system, to minimize operating costs during their projected 40-year service life. With a cargo capacity of more than 10,000 tons, the primary mission of T-AKE ships is to deliver food, ammunition, fuel and other provisions from shore stations to combat ships at sea.

NASSCO has contracts to build 11 T-AKE ships to replace single-mission vessels that are nearing the end of their service lives. The Navy has options to build three additional T-AKE ships for a total of 14 vessels. The sixth through ninth ships of the T-AKE class are currently under construction at NASSCO and are expected for delivery through the first quarter of 2010.

General Dynamics NASSCO employs more than 4,700 people and is the only major ship construction yard on the West Coast of the United States. The San Diego shipyard is also building the first two of nine product carriers for U.S. Shipping Partners L.P. More information about NASSCO can be found at http://www.nassco.com/.

General Dynamics, headquartered in Falls Church, Va., employs approximately 84,000 people worldwide and reported 2007 revenues of $27.2 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at http://www.generaldynamics.com/.

General Dynamics NASSCO

CONTACT: Karl D. Johnson of General Dynamics NASSCO, +1-619-544-8860, or
Cell, +1-619-756-5039, kjohnson@nassco.com

Web site: http://www.generaldynamics.com/
http://www.nassco.com/

Leadership Conference Gives Telecom Professionals Tools to Succeed in a Competitive MarketHundreds Gather in the Nation's Capital to Enhance Personal and Professional Growth, Commemorate 25-Year History of CITE

WASHINGTON, June 5 /PRNewswire/ -- Hundreds of telecommunications professionals across the country will gather in the District of Columbia over the next two days to learn what it takes to lead and succeed in a competitive market undergoing constant change.

The Consortium of Information and Telecommunications Executives (CITE), an African-American employee resource group of Verizon, is hosting the June 6-7 leadership development conference at the Hilton Washington on Connecticut Ave. N.W., in D.C.

With the theme "25 Years of Excellence -- Continuing the Legacy," this year's conference will include dynamic speakers; a host of informational, motivational and thought-provoking workshops; executive exchanges; a town hall meeting; a scholarship luncheon; and tremendous educational and networking opportunities.

"This is a time for our members to learn, share, develop ideas and expand their vision," said CITE President Leona Punzi. "It's also an excellent opportunity to identify, develop and hone skills necessary for successful leadership and productive careers in an increasingly competitive world.

"Conferees will acquire the tools to be successful and manage the constant changes in our business, our industry and our lives," Punzi added.

To commemorate its 25th anniversary, CITE will host a special reception and showcase Thursday (June 5) where attendees can take a virtual walk through the organization's 25-year history -- reviewing conference programs, slide shows and other paraphernalia. Howard University's College of Arts and Sciences will sponsor the event, which is open to all conferees.

This year's conference speakers include Susan L. Taylor, former editor of Essence Magazine and founder of National Cares Mentoring Movement -- an organization formed in 2006 that encourages African-American adults to mentor troubled youth. Taylor will kick off the conference Friday (June 6). Taylor Thomas, WHUR-96.3 FM's on-air personality and news anchor for the Steve Harvey Morning Show, will emcee Saturday's (June 7) scholarship luncheon. There also will be a special performance from Howard University's Musical Theater. And Jay Lang, on-air personality for WJZW-Smooth Jazz 105.9 FM and internationally known voiceover talent, will close out the conference at Saturday's awards banquet.

Workshops will highlight the latest innovations in wireless technology; map out how FiOS services have revolutionized the telecommunications industry and transformed Verizon into a leading broadband and entertainment company; and give a closer insight into Verizon's competitive landscape by identifying key business and wireless competitors.

Conferees will learn to market themselves more effectively and develop a competitive edge; gain strengths to be effective team leaders and, ultimately, part of high-performing teams; and learn to take charge of their careers. The executive exchanges and town hall meeting will allow participants to interact with Verizon leaders about the company's goals and objectives.

CITE also will host a one-day youth conference on Friday for students in grades 9 through 12, where students will receive personal and professional development training that will help prepare them for the future.

For more information on CITE, visit http://www.forcite.org/ .

CITE, a national 501(c)3 nonprofit organization and an African-American employee resource group of Verizon, is committed to industry excellence, community service, and personal and professional development. For the past 25 years, the organization has worked closely with Verizon's senior leadership team to keep diversity issues at the forefront of the corporation. CITE helps its members understand Verizon's business strategy and their roles in it. CITE will remain a critical part of Verizon's future success, strive for the best, and continue its journey of helping others in need.

Verizon

CONTACT: Sandra Arnette of Verizon, +1-410-393-7109,
sandra.u.arnette@verizon.com

Web site: http://www.verizon.com/
http://www.forcite.org/

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

Spare Backup to Present at Investor Conference in June 2008

PALM DESERT, Calif., June 5 /PRNewswire-FirstCall/ -- Spare Backup, Inc. (BULLETIN BOARD: SPBU) will present at the Second Annual Small-Cap Investor Conference, which will be held at the Midwest Airlines Center in Milwaukee, Wisconsin on June 17 and 18, 2008. Cery Perle CEO, Spare Backup, Inc. and Vice President of Business Development Maureen Webber, will present an overview of company business and growth strategies for the remainder of 2008. This conference is sponsored by Capstone Investments. For more information, please visit http://www.capstoneinvestments.com/page.asp?itemid=54

Spare Backup specializes in helping consumers, small office/home office users, and small to mid-sized businesses protect their computer data quickly, automatically and cost-effectively. The company's flagship Spare Backup product is the first totally automated online backup service that intelligently selects, secures and stores files without any user intervention, automatically backing up documents, email, music, photos and other PC files on a continuous basis or according to the schedule of the user's choice.

Spare Backup, Inc.

CONTACT: Heather Schroeder of Corporate Advocates, +1-713-791-0041,
hschroeder@corporateadvocates.net, for Spare Backup, Inc.

Web site: http://www.sparebackup.com/
http://www.capstoneinvestments.com/page.asp?itemid=54

John Clough Appointed To Astrata's Board of Directors

COSTA MESA, Calif., June 5 /PRNewswire-FirstCall/ -- Astrata Group (BULLETIN BOARD: ATTG) announced today that John Clough has been appointed as an independent member of the Company's Board of Directors.

Mr. Clough is currently a Special Advisor to General Atlantic LLC, a leading global growth equity firm with approximately $17 billion under management, providing capital and strategic support for growth companies. Before joining General Atlantic, Mr. Clough held a number of senior management positions with global companies in the IT industry. In the 90's, he Co-Founded and was Managing Director of the CSSL Group in Asia, one of Asia's largest mid-range software distributors and hardware resellers, with annual revenues in excess of US$180 million. Mr. Clough was also a Director of Synon Asia Ltd., Kapiti Asia Ltd., and Director and Chairman of Cargonet/Arena Ltd. Prior to the formation of CSSL, Mr. Clough held the position of General Manager JBA in Asia, an Australian based worldwide mid-range software distributor.

Mr. Clough is currently on the Board of chinadotcom Corporation where he is a member of the company's Audit Committee. He is Chairman of the Executive Committee and Vice Chairman of CDC Software. Mr. Clough is also a Director and member of the Audit Committee of Corgi International, and sits on the boards of a variety of private companies around the world.

Anthony Harrison, Astrata's Executive Chairman, said, "Astrata is now entering an exciting new phase of growth and expansion. John Clough's business acumen and experience will be invaluable to the company moving forward. His knowledge and understanding of acquisitions and growing technology-led companies fits very well with Astrata's strategic goals and aspirations."

Astrata's Telematics products are much in demand for fleet management and vehicle real-time tracking for private enterprises and homeland security applications. Astrata's sophisticated security and communications systems give companies and governments an effective and proven means of protecting their resources.

About Astrata Group, Inc.

Astrata Group, Inc., (BULLETIN BOARD: ATTG) is a US publicly listed company. Astrata is focused on advanced location-based IT services and solutions (telematics) that combine GPS positioning, wireless communications (satellite or terrestrial) and geographical information technology, which together enable businesses and institutions to monitor, trace as well as control the movement and status of machinery, vehicles, personnel or other assets. Astrata has designed, developed, manufactured and currently supports ten generations of telematics systems with units deployed worldwide.

Astrata has offices throughout the world including the United States, Europe, the Middle East and Asia. For further information please visit http://www.astratagroup.com/.

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate, "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Astrata Group Incorporated (the "Company") to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to: (i) the Company's ability to obtain sufficient capital or a strategic business arrangement to fund its current operational or expansion plans; (ii) the Company's ability to build and maintain the management and human resources and infrastructure necessary to support the anticipated growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at http://www.sec.gov/ under "Search for Company Filings.

PR/Media & IR/Financial Contacts: Richard Nelson Astrata Group Inc. rnelson@astratagroup.com Tel: +44 (0)7795 422211 Gerald Amato Booke & Co. gamato@bookeandco.com Tel: 212-490-9095 Todd M. DeMatteo DOMINICK AND DOMINICK LLC Tel: 212-558-8809 tdematteo@dominickanddominick.com

Astrata Group, Inc.

CONTACT: Richard Nelson of Astrata Group Inc., +44(0)7795-422211,
rnelson@astratagroup.com; or Gerald Amato of Booke & Co., +1-212-490-9095,
gamato@bookeandco.com; or Todd M. DeMatteo of DOMINICK AND DOMINICK LLC,
+1-212-558-8809, tdematteo@dominickanddominick.com

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

Level 3 Completes Sale of Advertising Distribution Business for Approximately $129 Million in Cash

BROOMFIELD, Colo., June 5 /PRNewswire-FirstCall/ -- Level 3 Communications, Inc. today announced that it has completed the sale of the advertising distribution business of Vyvx LLC, to DG FastChannel, Inc. Level 3 has retained ownership of Vyvx and its core broadcast business, including all of the Vyvx Services Broadcast Business' content distribution capabilities.

Level 3 received gross proceeds at closing of approximately $129 million in cash. The purchase price is subject to customary working capital and certain other post-closing price adjustments.

About Level 3 Communications

Level 3 Communications, Inc. is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit http://www.level3.com/.

Level 3 Communications, Level 3, the red 3D brackets and the Level 3 Communications logo are registered service marks of Level 3 Communications, LLC and/or its affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service, product or company names recited herein are trademarks or service marks of their respective owners.

Forward-Looking Statement

Some of the statements made in this press release are forward looking in nature. These statements are based on management's current expectations or beliefs. These forward looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to the company's ability to: successfully integrate acquisitions; increase the volume of traffic on the network; defend intellectual property and proprietary rights; develop new products and services that meet customer demands and generate acceptable margins; successfully complete commercial testing of new technology and information systems to support new products and services; attract and retain qualified management and other personnel; and meet all of the terms and conditions of debt obligations. Additional information concerning these and other important factors can be found within Level 3's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/19990721/LVLTLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Level 3 Communications, Inc.

CONTACT: Media, Chris Hardman, +1-720-888-2292, or Kimberly Tulp,
+1-720-888-3675, or investors, Valerie Finberg, +1-720-888-2501, or Mark
Stoutenberg, +1-720-888-2518, all of Level 3 Communications, Inc.

Web site: http://www.level3.com/

Verizon First to Set Up Energy Efficiency Standards for Network, Data Center and Customer EquipmentTarget Is for New Gear to Be 20 Percent More Efficient Starting Jan. 1

NEW YORK, June 5 /PRNewswire/ -- To reduce its power consumption and energy costs and shrink its carbon footprint, Verizon has established its own energy-consumption standards and an associated measurement process for new telecommunications-related equipment. The standards will be applied to certain broadband, video, data-center, network and customer-premises equipment purchased after Jan. 1, 2009. The target provided to the manufacturers of such equipment is 20 percent greater efficiency than today's gear.

"This is similar to a consumer buying appliances according to the standardized ENERGY STAR (R) efficiency levels," said Mark Wegleitner, senior vice president-corporate network and technology. "However, in most cases, an ENERGY STAR-type rating system did not exist for the equipment we buy, so we set up our own standards and measurement process to create an effective program.

"We want to reduce our energy usage and do our part to improve the environment," he said. "We're proud to be leading the industry with this initial, important step, and invite others to use these standards so the cumulative effect is increased."

Verizon established a series of Telecommunications Equipment Energy Efficiency Ratings based on formulas that test the consumption of equipment in various operating conditions and settings. Test data are entered into formulas developed for each type of equipment, which will indicate whether or not they achieve the target rating.

Equipment to be tested and rated includes optical and video transport systems, switches and routers, DSLAM high-speed internet equipment and optical line termination gear, as well as switching power systems, data center servers and power adapters that operate customer equipment.

"The Verizon network requires power costing hundreds of millions of dollars annually to provide the most advanced services available anywhere in the world," Wegleitner said. "The energy dollars are well spent, as the network supports consumers and businesses in dynamic new ways. For example, our customers engage in energy-efficient activities like videoconferencing and e-commerce every day over our network.

"Aside from the potential cost reductions involved, as a responsible corporate citizen, we want to be part of the drive toward greater energy efficiency," he said. "Part of our plan to accomplish this is to request our suppliers' help in meeting our conservation goals."

The requirements incorporate new applications of existing methodologies as outlined in SPECpower_ssj2008TM and the Energy Star programs combined with some innovative Verizon-led concepts and methods of measurement. The concepts and measurement methods have been submitted for consideration by appropriate standards bodies, such as ATIS' Network Interface, Power and Protection Committee (NIPP).

Verizon's new Energy Efficiency Requirements for Telecommunications Equipment are available for review at http://www.verizonnebs.com/, under Verizon Technical Purchasing Requirements (TPRs), VZ.TPR.9205. The program is being managed by Chuck Graff, director-corporate network and technology. He can be contacted at ludwig.c.graff@verizon.com.

Verizon

CONTACT: Jim Smith of Verizon, +1-908-559-3477,
james.albert.smith@verizon.com

Web site: http://www.verizon.com/
http://www.verizonnebs.com/
http://www.verizon.com/news

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

Plexus to Hold Investor Day on June 18, 2008

NEENAH, Wis., June 5 /PRNewswire-FirstCall/ -- Plexus Corp. today announced that it will hold its Investor Day on June 18, 2008 in Arlington Heights, IL.

WHAT: PLXS F08 Investor Day WHEN: Wednesday, June 18th WHERE: Morning Tour of Plexus Chicago Facility at 8:00 a.m. CT Sheraton Chicago NW Hotel- Presentations begin at 10:00 a.m. CT WEBCAST: Plexus 2008 Investor Day Webcast Please RSVP to dianne.boydstun@plexus.com (or 920-751-5583). HOTEL INFORMATION: The Hotel is located approximately 30-40 minutes from O'Hare.

We have reserved a block of rooms for the night of June 17th at a special rate. Please ask for the PLEXUS INVESTOR DAY rate when calling.

Sheraton Chicago NW Hotel 3400 Euclid Avenue Arlington Heights, IL Tel: (847) 394-2000 or 888-627-8093 http://www.sheraton.com/chicagonorthwest For further information, please contact: Dianne Boydstun -- Executive Assistant to Ginger Jones 920-751-5583 or dianne.boydstun@plexus.com About Plexus Corp. -- The Product Realization Company

Plexus (http://www.plexus.com/) is an award-winning participant in the Electronics Manufacturing Services (EMS) industry, providing product design, supply chain and materials management, manufacturing, test, fulfillment and aftermarket solutions to branded product companies in the Wireline/Networking, Wireless Infrastructure, Medical, Industrial/Commercial and Defense/Security/Aerospace market sectors.

The Company's unique Focused Factory manufacturing model and global supply chain solutions are strategically enhanced by value-added product design and engineering services. Plexus specializes in mid- to low-volume, higher-mix customer programs that require flexibility, scalability, technology and quality.

Plexus provides award-winning customer service to more than 100 branded product companies in North America, Europe and Asia.

Plexus Corp.

CONTACT: Dianne Boydstun, Executive Assistant to Ginger Jones of Plexus
Corp., +1-920-751-5583, dianne.boydstun@plexus.com

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

RightNow Technologies to Present at Upcoming Roth Capital Partners Semi-Annual Software Investor Event

BOZEMAN, Mont., June 5 /PRNewswire-FirstCall/ -- RightNow(R) Technologies today announced that it will be presenting at Roth Capital Partners Semi-Annual Software Investor Event in San Francisco, CA on Wednesday, June 11, 2008 at 8:00 a.m. PT (11:00 a.m. ET.)

A live webcast of the presentation will be available on the company's investor relations website at http://www.shareholder.com/rnow/.

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 http://www.rightnow.com/.

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

FRNOW

RightNow Technologies

CONTACT: investor relations, Todd Friedman, todd@blueshirtgroup.com, or
Stacie Bosinoff, stacie@blueshirtgroup.com, both of The Blueshirt Group,
+1-415-217-7722, for RightNow Technologies

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

FARO, DOJ & SEC Formally Resolve FCPA Matter

LAKE MARY, Fla., June 5 /PRNewswire-FirstCall/ -- FARO Technologies, Inc. the world leader in portable computer-aided measurement hardware and software, announced that, as expected, the U.S. Department of Justice and the U.S. Securities Exchange Commission have formally approved the settlement of the Foreign Corrupt Practices Act matter with the Company.

There will be no further penalties or fines beyond what was previously disclosed, nor were any criminal charges filed against FARO.

Also, as previously disclosed, resolution of the matter includes continuing obligations for compliance with the FCPA, including a monitoring requirement for two years, which began on June 3, 2008. The total cost associated with the monitoring obligation is currently estimated to be to be in the range of $1 million to $2 million, as disclosed in the Company's most recent earnings release and conference call. However, the actual costs incurred may vary from this preliminary estimate.

About FARO

With approximately 17,000 installations and 7,600 customers globally, FARO Technologies, Inc. designs, develops, and markets portable, computerized measurement devices and software used to create digital models -- or to perform evaluations against an existing model -- for anything requiring highly detailed 3-D measurements, including part and assembly inspection, factory planning and asset documentation, as well as specialized applications ranging from surveying, recreating accident sites and crime scenes to digitally preserving historical sites.

FARO's technology increases productivity by dramatically reducing the amount of on-site measuring time, and the various industry-specific software packages enable users to process and present their results quickly and more effectively.

Principal products include the world's best-selling portable measurement arm -- the FaroArm; the world's best-selling laser tracker -- the FARO Laser Tracker X and Xi; the FARO Laser ScanArm; FARO Photon Laser Scanners; the FARO Gage, Gage-PLUS and PowerGAGE; and the CAM2 Q family of advanced CAD-based measurement and reporting software. FARO Technologies is ISO-9001 certified and ISO-17025 laboratory registered.

FARO Technologies, Inc.

CONTACT: Darin Sahler, Global PR Manager of FARO Technologies, Inc.,
+1-407-333-9911, sahlerd@FARO.com

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

DigitalFX International, Inc. Hires Senior In-House Legal CounselNew Hire in Keeping with Strategic Management Additions

LAS VEGAS, June 5 /PRNewswire/ -- DigitalFX International, Inc. , a digital communications and streaming video solutions company, today announced that Abraham Sofer has joined the company as General Counsel to handle in-house legal matters in support of national and international operations and on-going expansion. With broad experience in corporate finance, tax, technology and marketing, Mr. Sofer will be assigned to consolidate and curtail outside legal costs of the company.

Mr. Sofer most recently served as a consultant to several high-tech and green-tech companies in the areas of investments and the financial markets, structuring strategies to leverage their core competencies. His prior service included the positions of General Counsel and Partner for Aegis Capital Corporation based in Washington, D.C., Head of International Business Development for Lipa Meir & Co. in Tel Aviv, and as General Counsel and Interim President for Arco Computer Products based in Florida. Mr. Sofer has developed extensive SEC experience as lead attorney in a $350 million debt restructuring for Gilat Satellites, in the reverse merger of Nexgen Biofuels into Healthcare Technologies, and as a consultant to publicly traded companies for the IPO for Avis Europe and the IPO for Servision.

Previously, as a senior tax attorney in two leading Wall Street firms, Mr. Sofer counseled US and foreign clients engaged in leveraged buy-outs, banking, syndications, real estate investments, sports marketing, international shipping, manufacturing, securities trading, hedging, acquisitions, and public offerings.

"I am very impressed with DigitalFX's new generation of video technologies and the seamless integration of old fashioned tiered marketing in the evolving 21st century marketplace," stated DigitalFX new General Counsel Abraham Sofer. "The partnership between our company and our affiliates will enable DigitalFX to become a prominent leader in the emerging $12 billion video streaming industry. I look forward to working with our highly experienced and respected leadership team to shape the company's next phase of growth."

"We are thrilled to have Mr. Sofer join us as our in-house legal counsel, as he fills a key open management position," DigitalFX Chief Operating Officer Mickey Elfenbein said. "Mr. Sofer has demonstrated extreme competence in a wide range of skills and, as a result, will be able to help us significantly reduce time to market on strategic initiatives, and lower the overall legal costs, thereby improving our bottom line revenues." Mr. Elfenbein noted that DigitalFX spent in excess of $500,000 last year on legal costs.

Mr. Sofer holds a Bachelor of Law, cum laude, from the Tel Aviv School of Law, as well as a Master of Law from the University of Virginia. He is a member of the New York, District of Columbia and Israeli Bars. Mr. Sofer reports to Mr. Elfenbein.

About DigitalFX International, Inc.

DigitalFX International is a creator of web-based products such as streaming live and on-demand video, video email and digital storage that because of their extremely low cost for the first time brings the next generation Internet revolution to individuals through its http://www.helloworld.com/ , and small and medium-sized businesses via its http://www.firststream.com/. The company also develops and markets proprietary communication and collaboration services, and social networking software applications, including its flagship product, called The Studio. The Studio is a cost-effective, all-in-one, web-based solution that allows users to send email and video email, group chat with video, conduct a private, public or pay-per-view live webcast, upload digital content, and post videos on demand in multiple media formats. For more information about DigitalFX, please visit us at http://www.digitalfx.com/.

To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, News Alerts and other pertinent information, please click on the following link: http://www.b2i.us/irpass.asp?BzID=1407&to=ea&s=0

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward- looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward looking statements if they comply with the requirements of the Act.

DigitalFX International, Inc.

CONTACT: Investors, Mike Flanigan or Ted Tackaberry, Communication
Initiatives, +1-888-724-0208, IR@digitalfx.com, or Amy Black, President,
+1-702-938-9300, all of DigitalFX International

Web site: http://www.digitalfx.com/
http://www.b2i.us/irpass.asp?BzID=1407&to=ea&s=0
http://www.helloworld.com/
http://www.firststream.com/

Bob Brennan Elected Chief Executive Officer of Iron MountainLongtime CEO Richard Reese to become Executive Chairman of the Board of Directors

BOSTON, June 5 /PRNewswire-FirstCall/ -- Iron Mountain Incorporated , the global leader in information protection and storage services, announced today that its board of directors elected Bob Brennan, 48, president and chief executive officer, making official the elevation first announced in February 2008. He succeeds Richard Reese, who after serving 27 years as CEO, now assumes the new full-time role of executive chairman of the board. Brennan, Iron Mountain's president and chief operating officer since December 2005, was also elected today to the company's board of directors at its annual meeting of stockholders.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080605/NETH066 )

"It is an honor to have the opportunity to lead Iron Mountain into another era of growth," said Brennan. "I'm committed to continue delivering on a promise we've made to customers, which is to help them manage their physical and digital information via integrated storage-as-a-service solutions. We have a unique opportunity to build on our success and brand reputation to further enhance our value to customers and stakeholders, and we intend to take advantage of it."

Brennan takes the helm of a company that has risen to the top of its industry over the last decade. Under Reese's leadership, Iron Mountain acquired more than 200 companies and grew from a regional provider of records storage to the global leader in records management, data protection and information destruction. Revenues during Reese's tenure increased 1,000 fold, from $3 million in 1981 to what is expected to be approximately $3 billion in 2008.

"Iron Mountain is the most recognized and trusted brand in its industry," said Steve Duplessie, founder and senior analyst at the Enterprise Strategy Group (ESG). "Since joining the company, Bob has enhanced the company's ability to leverage its reputation and expertise into new products and markets. The demand for the services Iron Mountain provides has never been higher, and I expect it will accelerate."

During his time as president and COO, Brennan worked with Reese to further establish Iron Mountain as a global provider of information protection and storage services with revenues that grew from $1.8 billion to $2.7 billion between 2004 and 2007. He also helped to develop Iron Mountain Digital into the leading Storage-as-a-Service player with nearly 50 percent compounded annual revenue growth rate over the last three years.

"Iron Mountain has enjoyed a great past, and it's positioned to have a great future," said Reese, who in his new role will focus on driving the company's new services agenda and advising Brennan on strategy and other matters of the business while continuing to perform his duties as chairman of the board. "Bob's the right guy to lead us forward. His management and technology expertise has helped transform Iron Mountain into a technology leader, and it will continue to help the company meet customers' evolving information storage and protection needs."

Brennan joined Iron Mountain in 2004 as president of North America after the company acquired Connected Corporation, where he was chairman and chief executive officer.

About Iron Mountain

Iron Mountain Incorporated helps organizations around the world reduce the costs and risks associated with information protection and storage. The Company offers comprehensive records management and data protection solutions, along with the expertise and experience to address complex information challenges such as rising storage costs, litigation, regulatory compliance and disaster recovery. Founded in 1951, Iron Mountain is a trusted partner to more than 100,000 corporate clients throughout North America, Europe, Latin America and Asia Pacific. For more information, visit the Company's Web site at http://www.ironmountain.com/.

Forward Looking Statements

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and federal securities laws, and is subject to the safe-harbor created by such Act. Forward-looking statements include our 2008 financial performance outlook and statements regarding our goals, beliefs, future growth strategies, investments, objectives, plans and current expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those contemplated in the forward-looking statements. Such factors include, but are not limited to: (i) the cost to comply with current and future legislation, regulations and customer demands relating to privacy issues; (ii) the impact of litigation that may arise in connection with incidents in which we fail to protect the Company's customers' information; (iii) changes in the price for the Company's services relative to the cost of providing such services; (iv) changes in customer preferences and demand for the Company's services; (v) in the various digital businesses in which the Company is engaged, the cost of capital and technical requirements, demand for the Company's services or competition for customers; (vi) the Company's ability or inability to complete acquisitions on satisfactory terms and to integrate acquired companies efficiently; (vii) the cost or potential liabilities associated with real estate necessary for the Company's business; (viii) the performance of business partners upon whom the Company depends for technical assistance or management and acquisition expertise outside the United States; (ix) changes in the political and economic environments in the countries in which the Company's international subsidiaries operate; (x) claims that the Company's technology violates the intellectual property rights of a third party; (xi) other trends in competitive or economic conditions affecting Iron Mountain's financial condition or results of operations not presently contemplated; and (xii) other risks described more fully in the Company's most recently filed Annual Report on Form 10-K under "Item 1A. Risk Factors". Except as required by law, Iron Mountain undertakes no obligation to release publicly the result of any revision to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Investor Relations Contact: Media Contact: Stephen P. Golden Dan O'Neill Vice President, Investor Relations Senior PR Manager sgolden@ironmountain.com dan.oneill@ironmountain.com (617) 535-2994 (617) 535-2966

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080605/NETH066
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Iron Mountain Incorporated

CONTACT: Investor Relations: Stephen P. Golden, Vice President, Investor
Relations, +1-617-535-2994, sgolden@ironmountain.com, or Media: Dan O'Neill,
Senior PR Manager, +1-617-535-2966, dan.oneill@ironmountain.com, both of Iron
Mountain Incorporated

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

Genzyme Boosts Quality Using Dyadem Quality Lifecycle Management

TORONTO, June 5 /PRNewswire/ -- Genzyme Corporation , one of the world's leading biotechnology companies, is enhancing the quality of the medical devices produced in its Bio-surgery division with software from Dyadem, the leader in Risk Lifecycle Management and Quality Lifecycle Management. Dyadem's FMEA-Med, a software solution that helps automate compliance reporting, enables Genzyme to link risk and quality, and to set a new standard in quality throughout the lifecycle of its biotherapeutic and biomaterial products. Genzyme's leading biomaterials and cell therapies reduce the time and complications associated with surgery, and in some cases, postpone the need for surgery.

FMEA-Med is a software solution that delivers industry-standard Failure Mode and Effects Analysis (FMEA) reports for medical devices and pharmaceutical manufacturers. FMEA methodology maintains quality and prevents potential flaws in hardware design, manufacturing and processes in a variety of industries, including pharmaceutical, automotive, and high-tech and electronics. Dyadem's FMEA-Med focuses on the entire quality lifecycle management process, which is essential to the research and advancement of these fields. The medical device industry must comply with FDA and ISO standards among others.

With more than 300 employees spanning three sites in the United States, Genzyme's Bio-surgery division now has a single standard for risk assessment. As these multiple sites are subject to varying government and industry regulatory standards, Genzyme's use of FMEA-Med creates a consistent quality standard across the division to fulfill the varying requirements.

Prior to selecting Dyadem, Genzyme used manual templates for FMEA assessments. Genzyme found that this approach led to inconsistencies in its reporting, and that it provided insufficient focus on the entire quality lifecycle. Dyadem's FMEA-Med provides a platform where clear relationships are shown between failure modes, along with their causes and net effects. This allows Genzyme to eliminate the time spent managing word processing documents, and free employee time to focus on the technical content of risk assessments.

"In our industry, quality and risk management parameters are integrated into all aspects of research, development, production and application, as our products must perform flawlessly. Dyadem's software allows us to work in a more uniform environment, and assess quality in a standard way. Our focus on increasing quality and minimizing potential risks has, in turn, favorable impact on time to market as well as reduce post-launch complaints," said Lisa Robertson, Director, Design and Development, Quality Assurance.

By achieving the high standards of quality, minimizing the risk of defects and reducing process administration, Dyadem is helping Genzyme maintain its status as an industry leader in medical research and device production.

"Achieving reduced risk through a comprehensive standard of quality should be at the top of the list for every company. In Genzyme's important industry of developing life-saving technologies, there is no room for error," said Kevin North, president and CEO of Dyadem. "Genzyme is setting an example by highlighting the importance of quality lifecycle management. Our software allows Genzyme to continue operating at an elite level to develop these life- altering technologies in an environment with high quality standards."

About Dyadem

Founded in 1993, Dyadem is the market leader in Quality Lifecycle Management and Risk Lifecycle Management solutions. Dyadem provides software and services that empower companies to manage quality, mitigate risks, achieve regulatory compliance, plan for business continuity and improve profitability. Dyadem works with 85% of the Fortune 500 companies and serves the high tech & electronics, medical devices, oil and gas, chemical, automotive, pharmaceutical and aerospace and defense industries. For more information, visit http://www.dyadem.com/ .

About Genzyme Corporation

One of the world's leading biotechnology companies, Genzyme Corporation is dedicated to making a major positive impact on the lives of people with serious diseases. Since 1981, the company has grown from a small start-up to a diversified enterprise with more than 10,000 employees in locations spanning the globe and 2007 revenues of $3.8 billion. In 2007, Genzyme was chosen to receive the National Medal of Technology, the highest honor awarded by the President of the United States for technological innovation.

With many established products and services helping patients in nearly 90 countries, Genzyme is a leader in the effort to develop and apply the most advanced technologies in the life sciences. The company's products and services are focused on rare inherited disorders, kidney disease, orthopaedics, cancer, transplant, and diagnostic testing. Genzyme's commitment to innovation continues today with a substantial development program focused on these fields, as well as immune disease, cardiovascular disease, and other areas of unmet medical need.

For further information, contact: Dyadem International Ltd Text 100 Public Relations Angela Schwecke Matt Wyman 905.762.5243 617.399.4919 aschwecke@dyadem.com dyadem@text100.com

Dyadem

CONTACT: Angela Schwecke, Dyadem, +1-905-762-5243, aschwecke@dyadem.com;
or Matt Wyman of Text 100 Public Relations, +1-617-399-4919,
dyadem@text100.com

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

FiberTower Wins NXTcomm08 Eos Award for Ethernet Wireless Backhaul

SAN FRANCISCO, June 5 /PRNewswire-FirstCall/ -- FiberTower Corporation , a wireless backhaul services provider, announced today that it was named the winner of NXTcomm Eos Award for Excellence in Network Design and Services for Ethernet wireless backhaul. The award will be presented at the second annual NXTcomm conference to be held in Las Vegas from June 16-19. Accedian Networks nominated FiberTower as a candidate in the Wireless/Mobile/Network Services category.

"This year's Eos winners demonstrated the best and most promising advancements to the network-enabled voice, video and data ecosystem," said Wayne Crawford, NXTcomm Executive Director. "We congratulate FiberTower for its leadership, innovation and role in driving our industry forward."

"We are very proud of this honor and accomplishment as it underscores our best-in-breed Ethernet product," said Kurt Van Wagenen, FiberTower's President and Chief Executive Officer. "We continue to develop our Ethernet offering in order to reaffirm its superiority and enhance the quality of our customers' experience."

About NXTcomm

NXTcomm has replaced SUPERCOMM. The Telecommunications Industry Association (TIA) and the U.S. Telecom Association (USTelecom), the two organizations that owned and produced SUPERCOMM for eighteen years, have joined forces to produce NXTcomm, which replaces SUPERCOMM as the one event delivering the entire ecosystem of network-enabled voice, video and data. NXTcomm08 comes to the Las Vegas Conventions Center June 16-19 and will co-locate with InfoComm08, the leading audiovisual business-to-business marketplace. For more information, go to http://www.nxtcommshow.com/.

About FiberTower

FiberTower is a backhaul and access services provider focused primarily on the wireless carrier market. With its extensive spectrum footprint in 24 GHz and 39 GHz bands, carrier-class microwave and fiber networks in 13 major markets, customer commitments from six of the leading cellular carriers, and partnerships with the largest tower operators in the U.S., FiberTower is considered to be the leading alternative carrier for wireless backhaul. FiberTower also provides backhaul and access service to government and enterprise markets. For more information, please visit our website at http://www.fibertower.com/.

Company Contact: Ornella Napolitano, VP and Treasurer FiberTower Corporation 202-251-5210 onapolitano@fibertower.com Investor Contact: Gus Okwu / DRG&E 404-532-0086 gokwu@drg-e.com

FiberTower Corporation

CONTACT: Company, Ornella Napolitano, VP and Treasurer of FiberTower
Corporation, +1-202-251-5210, onapolitano@fibertower.com; or Investors, Gus
Okwu of DRG&E, +1-404-532-0086, gokwu@drg-e.com, for FiberTower Corporation

Web site: http://www.fibertower.com/
http://www.nxtcommshow.com/

CDI Announces Creation of Mexico-based Engineering Firm

PHILADELPHIA, June 5 /PRNewswire-FirstCall/ -- CDI Corp. , a leading provider of engineering and IT outsourcing solutions and professional staffing, announced today that its CDI Engineering Solutions division signed an agreement with Grupo PYCOPSA (PYCOPSA), a construction and industrial maintenance company with clients in Northeast and Central Mexico, to jointly form a new company called CDI -- PYCOPSA Ingenieria y Construccion, S. de R.L. de C.V.

The new company, to be headquartered in Tampico, Mexico, will provide engineering design, project management, and construction management services primarily in the process, power, industrial, and alternative fuels industries. The company will execute projects in Mexico and throughout Latin America as well as collaborate with CDI's operations on worldwide projects. The new company will work closely with CDI Engineering Solutions' Houston-based Process & Industrial group.

"With this new company, we can achieve stronger presence in the EPC/CM market in Mexico, which is in need of companies with deep experience and advanced technology capabilities," said Mr. Alberto Garcia, CEO of PYCOPSA. "With CDI, we can offer world class engineering and design services to all our clients."

"We welcome the opportunity that this new company provides to allow CDI Engineering Solutions to extend our four-year working relationship with PYCOPSA and to better serve our U.S. clients as they expand their presence into Mexico and Latin America," said Bob Giorgio, President of CDI Engineering Solutions. "We look forward to developing new client relationships through PYCOPSA's extensive business network throughout the region. This opportunity also allows us to source additional engineering talent in Mexico to compliment our worldwide base of engineering professionals."

About CDI

Headquartered in Philadelphia, CDI Corp. is a leading provider of engineering and information technology outsourcing solutions and professional staffing. Its operating units include CDI Engineering Solutions, CDI IT Solutions, CDI AndersElite Limited and Management Recruiters International, Inc. The CDI-Process & Industrial group provides a full range of engineering, outsourcing and staffing solutions to Fortune 500 companies in two distinct sectors: Process, which includes the hydrocarbons and chemical processing industries, and Industrial, which includes power and energy, telecommunications, and heavy manufacturing. Visit CDI at http://www.cdicorp.com/.

About Proyectos y Construcciones del Puerto S.A. de C.V. (PYCOPSA)

PYCOPSA, a privately-owned company founded in 1988, is one of the leading construction companies in Northeast Mexico. Based in Tampico, Tamps. Mexico, its strategic business units are engaged in industrial construction, equipment fabrication, real state and heavy equipment leasing. Visit PYCOPSA at http://www.pycopsa.com.mx/.

Caution Concerning Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that address expectations or projections about the future are forward-looking statements. Some of the forward-looking statements can be identified by words like "anticipates," "believes," "expects," "may," "will," "could," "should" and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions that are difficult to predict. Because these forward-looking statements are based on estimates and assumptions that are subject to significant business, economic and competitive uncertainties, many of which are beyond our control or are subject to change, actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements. Important factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to: changes in general economic conditions and levels of capital spending by customers in the industries that we serve; the availability and cost of qualified labor; our level of success in attracting, training, and retaining qualified management personnel and other staff employees; changes in customers' attitudes towards outsourcing; credit risks associated with our customers; changes in tax laws and other government regulations; the possibility of incurring liability for our activities; our performance on customer contracts; and government policies or judicial decisions adverse to our businesses. More detailed information about some of these risks and uncertainties may be found in our filings with the SEC, particularly in the "Risk Factors" section of our Form 10-K's.

CDI Corp.

CONTACT: Vincent J. Webb, VP, Communications & Marketing of CDI
Corporation, +1-215-636-1240, vince.webb@cdicorp.com

Web site: http://www.cdicorp.com/
http://www.pycopsa.com.mx/

Verizon Communications Declares Quarterly Dividend

NEW YORK, June 5 /PRNewswire/ -- The Board of Directors of Verizon Communications Inc. has declared a quarterly dividend of 43 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on Aug. 1, 2008, to Verizon Communications shareowners of record at the close of business on July 10, 2008.

Verizon has approximately 2.4 million shareowners and approximately 2.9 billion shares of common stock outstanding. The company made $4.8 billion in dividend payments in 2007.

Verizon Communications

CONTACT: Bob Varettoni of Verizon Communications, +1-908-559-6388,
robert.a.varettoni@verizon.com

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

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

Deep Down Sells $40 Million of Common Stock

CHANNELVIEW, Texas, June 5 /PRNewswire-FirstCall/ -- Deep Down, Inc. (BULLETIN BOARD: DPDW) announced today that it has closed a $40 million private placement of common stock to institutional and accredited investors. Deep Down sold 57,142,857 shares of its Common Stock at a price of $0.70 per share. As part of this transaction, Deep Down will file a registration statement covering the resale of the shares of Common Stock acquired in this offering. Dahlman Rose & Company, LLC acted as exclusive placement agent for the financing.

Deep Down used $22.0 million of the net proceeds to complete the previously announced acquisition of Flotation Technologies, which closed today. Flotation recently introduced its patent pending CoreTec (TM) drilling riser buoyancy modules, which Deep Down believes can become the industry standard for ultra deepwater applications. Deep Down will use approximately $12.5 million of the net proceeds to repay a $12 million mezzanine facility that was provided by Prospect Capital Corporation. This mezzanine facility has a 15.5% annual interest rate. The Company will use the remaining net proceeds for working capital and general corporate purposes.

"We are extremely pleased by the vote of confidence conveyed by the professional investors who are participating in this private placement. The ability to raise $40 million with these sophisticated investors validates the business plan and strategy we have developed," commented Ronald E. Smith, Deep Down's President and CEO. "Repayment of the mezzanine facility will give us an essentially debt-free balance sheet and save us over $2.0 million per year in interest and other related costs," added Eugene L. Butler, Deep Down's CFO. "As evidenced by the recent $9 million letter of intent from Delba International to supply and install the deepwater marine drilling riser flotation system for the new-build Delba III semisubmersible drilling rig, we are already experiencing significantly positive developments from our planned ownership of Flotation Technologies," concluded Robert E. Chamberlain, Jr., Deep Down's Chairman.

About Deep Down, Inc.

Deep Down specializes in the provision of innovative solutions, installation management, engineering services, support services, custom fabrication and storage management services for the offshore subsea control, umbilical, and pipeline industries. The company fabricates component parts of subsea distribution systems and assemblies that specialize in the development of subsea fields and tie backs. These items include umbilicals, flow lines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems, among others. Deep Down provides these services from the initial field conception phase, through manufacturing, site integration testing, installation, topside connections, and the final commissioning of a project.

The Company's Flotation Technologies subsidiary is a recognized leader in the design and manufacture of deepwater buoyancy systems, specializing in Flotec(TM) syntactic foam and polyurethane elastomer products. With extensive engineering, design, fabrication, and analysis capabilities, Flotation Technologies provides quick turnaround, cost-effective buoyancy and elastomer products to the worldwide oceanographic, offshore energy, seismic, and military markets.

The Company's Mako subsidiary serves the growing offshore petroleum and marine industries with technical support services, and products vital to offshore petroleum production, through rentals of its remotely operated vehicles (ROV), topside and subsea equipment, and diving support systems used in diving operations, maintenance and repair operations, offshore construction, and environmental/marine surveys.

The Company's ElectroWave subsidiary offers products and services in the fields of electronic monitoring and control systems for the energy, military, and commercial business sectors. ElectroWave designs, manufactures, installs, and commissions integrated PLC and SCADA based instrumentation and control systems, including ballast control and monitoring, drilling instrumentation, vessel management systems, marine advisory systems, machinery plant control and monitoring systems, and closed circuit television systems.

The Company's strategy is to become a leading provider of products and services to the offshore industry, including shallow, deep and ultra-deep water applications in oil and gas exploration, development and production activities and maritime operations. Management plans to achieve this strategy through organic growth and strategic acquisitions of complementary businesses with technological advantages in deepwater environments. Deep Down's customers include Acergy, Aker Kvaerner, Amerada Hess, Anadarko Petroleum Corporation, BHP, BP Petroleum, Cabett, Cooper Cameron, Chevron Corporation, Dril-Quip, Inc., Devon Energy Corporation, Diamond Offshore, Duco, Exxon Mobil Corporation, Helix, JDR, Kerr-McGee Corporation, Marinette Marine Corporation, Marathon Oil Corporation, Nexans, Inc., Noble Energy Inc., Oceaneering International, Inc., Oil States, Petrobras, Royal Dutch Shell, Statoil, Subsea 7, Inc., Technip, Transocean Offshore, Veolia Environmental Services and Wellstream International, among others. For further company information, please visit http://www.deepdowninc.com/, and http://www.flotec.com/, http://www.makotechnologies.com/ and http://www.electrowaveusa.com/.

This release may contain forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, and accordingly, the cautionary statements contained in Deep Down's Annual Report on Form 10-KSB for the year ended Dec. 31, 2007 and Quarterly Report on Form 10-QSB for the quarter ended March 31, 2008, and other filings with the Securities and Exchange Commission are incorporated herein by reference.

These factors include, but are not limited to: the offshore oil and gas industry is a historically cyclical industry with levels of activity that are significantly affected by the levels and volatility of oil and gas prices; numerous operating hazards that may not be covered by insurance; occurrence of an event not fully covered by insurance; losses on fixed-price contracts; failure to develop new products; Loss of our key management or other personnel; failure to integrate business that we acquire; risks relating to international operations; operating hazards and risks relating to offshore oilfield operations; Laws and government regulations; Environmental laws and regulations and failure to comply with such laws and regulations; Provisions in our corporate documents and Nevada law could delay or prevent a change in control of our Company; We may be unable to successfully compete with other manufacturers of drilling and production equipment; The loss of a significant customer could have an adverse impact on our financial results; Our customers' industries are undergoing continuing consolidation; Increases in the cost of raw materials and energy used in our manufacturing processes; Future capital needs; We depend on third party suppliers for timely delivery of raw materials and supplies; risks relating to protecting our intellectual property; risks relating to infringing on the intellectual property rights of third parties; Limitation on remedies, indemnification. One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and actual results and performance in future periods may be materially different from any future results or performance suggested by the forward-looking statements in this release. Deep Down expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in its expectations of results or any change in events.

Deep Down, Inc.

CONTACT: Steven Haag, Investor Relations of Deep Down, Inc.,
+1-281-862-2201, fax, +1-281-862-2522, ir@deepdowninc.com

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

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