Companies news

Valeo Equips the Mercedes A and B Class With its StARS Micro-Hybrid System

PARIS, July 15 /PRNewswire/ -- Valeo announces today that its StARS micro-hybrid system equips the new Mercedes A and B class.

Invented by Valeo, this system featuring the Stop-Start function, cuts off the engine when the vehicle is at a standstill, at traffic lights for instance, and then restarts it quickly and silently when the driver releases the brake pedal. It provides average of fuel savings of 9%.

"This technology meets end user needs for reducing fuel consumption and CO2 emissions, at affordable cost," says Valeo's Chairman & CEO, Thierry Morin.

Ever growing urban populations are making cities increasingly congested. The usefulness of the Stop-Start function becomes evident as it is estimated that, in cities, a car spends up to one-third of its time at a standstill with the engine idling unnecessarily. Under these conditions of congested city driving, fuel savings can achieve 25%. Valeo expects the system to become widely available on all types of vehicles worldwide

Valeo's micro-hybrid system already equips the Citroen C2 and C3 and the smart mhd. Valeo has also won a contract from PSA Peugeot Citroen to equip more than a million vehicles with StARS by 2011.

Valeo is an independent industrial group dedicated to the design, production and sale of components, integrated systems and modules for cars and trucks. It is one of the world's leading automotive suppliers. The Group has 122 production sites, 61 R&D centers, 9 distribution platforms, and employs 60,000 people in 27 countries.

For all additional information, please contact:

Claire Vidal Pilo, Product and Technology Media Relations, Tel.: +33-1-40-55-21-26, claire.vidal-pilo@valeo.com

Sylvie Delion, Product and Technology Media Relations, Tel.: +33-1-40-55-20-96, sylvie.delion@valeo.com

http://www.valeo.com

Valeo Management Services

For all additional information, please contact: Claire Vidal Pilo, Product and Technology, Media Relations, Tel.: +33-1-40-55-21-26, claire.vidal-pilo@valeo.com. Sylvie Delion, Product and Technology Media, Relations, Tel.: +33-1-40-55-20-96, sylvie.delion@valeo.com

Valeo équipe les Classe A et B de Mercedes de son système micro-hybride StARS

PARIS, July 15 /PRNewswire/ -- Valeo annonce aujourd'hui que son système micro-hybride StARS équipe les nouvelles Classe A et B de Mercedes.

Inventé par Valeo, ce système intégrant la fonction Stop-Start coupe le moteur automatiquement quand le véhicule s'immobilise, à un feu rouge par exemple, et le redémarre instantanément et en douceur quand le conducteur relâche la pédale de frein. Cette technologie offre une économie de carburant de 9 % en moyenne.

<< Ce système répond aux attentes du consommateur pour réduire la consommation de carburant et les émissions de CO2 à un coÃ»t abordable >>, déclare Thierry Morin, Président-Directeur Général de Valeo.

L'augmentation toujours croissante de la population urbaine rend les villes de plus en plus congestionnées. L'utilisation de la fonction Stop-Start prend toute son importance quand on sait qu'une voiture en ville est plus du tiers de son temps à l'arrÃªt, son moteur tournant inutilement au ralenti. En zone urbaine chargée, l'économie de carburant peut atteindre 25 %. Valeo estime inéluctable la généralisation de ce système à l'ensemble des véhicules dans le monde.

Le système micro-hybride de Valeo équipe déjà le CitroÃ«n C2 et C3 et la smart mhd. Valeo a également remporté un contrat pour équiper un million de véhicules de PSA Peugeot Citroen d'ici 2011.

Valeo est un Groupe indépendant entièrement focalisé sur la conception, la fabrication et la vente de composants, de systèmes intégrés et de modules pour les automobiles et poids lourds. Il se classe parmi les premiers équipementiers mondiaux. Le Groupe emploie 60.000 collaborateurs dans 27 pays dans 122 sites de production, 61 centres de Recherche et Développement et 9 centres de distribution.

Pour toute information complémentaire, veuillez contacter :

Claire Vidal Pilo, Presse Produits et Technologies Tél.: +33-1-40-55-21-26, claire.vidal-pilo@valeo.com

Sylvie Delion, Presse Produits et Technologies Tél. : +33-1-40-55-20-96, sylvie.delion@valeo.com

Valeo Management Services

Pour toute information complémentaire, veuillez contacter : Claire Vidal Pilo, Presse Produits et Technologies Tél.: +33-1-40-55-21-26, claire.vidal-pilo@valeo.com. Sylvie Delion, Presse Produits et Technologies Tél. : +33-1-40-55-20-96, sylvie.delion@valeo.com

Lynnwood Becomes First Washington State Community to Award Video Franchise to VerizonVote Paves the Way for Innovative, Competitive Choice for TV Service, Delivered Over the Nation's Most Advanced, All-Fiber-Optic Network Straight to Consumers' Homes

LYNNWOOD, Wash., July 15 /PRNewswire/ -- Lynnwood residents are a major step closer to having an innovative, reliable and competitive alternative for their television services, thanks to a unanimous vote by the City Council Monday evening (July 14) authorizing Verizon to offer its fiber-optic-powered FiOS TV.

Lynnwood is the first community in the state to vote on a video franchise for Verizon. The company plans to begin offering FiOS TV here later this summer.

FiOS TV offers consumers a broad range of programming choices and superior picture quality from the only TV service delivered over the nation's most advanced all-fiber network directly connecting to millions of individual homes and businesses.

"This is great news for the residents of Lynnwood, who will soon have more choice for their video entertainment," said David S. Valdez, senior vice president for Verizon's Pacific Northwest region. "We commend Mayor Gough, the City Council and the city's technology staff for their dedication and hard work throughout this process. They recognize and support the technological advantage and competitive benefits, as well as the distinctive edge in economic development and quality of life, that fiber will bring to Lynnwood.

"We look forward to similarly successful negotiations with other Washington communities," said Valdez.

The council's decision gives Verizon the authority to offer FiOS TV to the 15,000 households in Lynnwood. Many Verizon customers here are already enjoying FiOS Internet Service, which delivers ultra-fast download speeds up to 50 Mbps (megabits per second).*

Verizon already provides FiOS TV in parts of California, Delaware, Florida, Indiana, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Texas and Virginia.

FiOS TV Service Highlights FiOS TV service highlights include:

-- More than 400 all-digital channels grouped by genres such as entertainment, sports, news, shopping, movies and family, making it easy for audiences to find their favorite programming.

-- A wide array of high-definition channels, with extraordinary clarity and theater-quality sound. The company plans to significantly expand the HD lineup to include all available major HD programming by year-end.

-- An industry-leading library of more than 10,000 video-on-demand (VOD) titles each month, 70 percent of which are free. In addition, an increasing number of on-demand titles in high definition, with 1,000 HD VOD titles per month by the end of the year.

-- An easy-to-use interactive media guide that integrates HD programming, on-demand content and the digital video recorder along with broadcast television into a seamless user experience.

-- Set-top boxes ranging from a standard-definition box to the Home Media DVR, featuring a multi-room DVR that enables up to three simultaneous viewings of recorded programs without requiring customers to set up a complex home network or buy extra equipment. The recorder is bundled with Media Manager, a new feature that lets customers easily access photos and music from their personal computer and play them on their entertainment center where they look and sound the best.

-- FiOS TV Widgets, a free interactive feature that provides local weather and traffic information.

Programming choices for Hispanic, African-American, Asian, Russian and other multicultural audiences are available in every market, making FiOS TV an outlet for emerging and independent networks to showcase their diverse programming.

Lynnwood consumers can check online at http://www.verizon.com/fios for more information or to request that Verizon contact them when FiOS TV becomes available. Customers also can call their local Verizon sales office or 888-GET FiOS (888-438-3467).

FiOS TV is delivered over Verizon's all-fiber-optic network, which brings the power and capacity of fiber optics directly into people's homes and has industry-leading quality and reliability. Fiber delivers amazingly sharp pictures and sound, and has the capacity to transmit a wide array of high-definition programming that is so clear and intense it seems to leap from the TV screen. It also delivers Internet download speeds of up to 50 Mbps* (megabits per second) and upload speeds of up to 20 Mbps, as well as high-quality voice services.

* NOTE: actual (throughput) speeds will vary.

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 of Verizon, +1-805-372-6969, jon.davies@verizon.com

Web Site: http://www.verizon.com/
http://www.verizon.com/fios
http://www.verizon.com/news

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

CGI to release third quarter fiscal 2008 results on July 29Stock Market Symbols GIB.A (TSX) GIB (NYSE)

MONTREAL, July 15 /PRNewswire-FirstCall/ -- CGI Group Inc. (TSX: GIB.A; NYSE: GIB) will release results for its third quarter fiscal 2008, ended June 30, 2008, on Tuesday, July 29, 2008 before the markets open. Management will host a conference call and question-and-answer session to discuss earnings at 8:00 a.m. (EDT). Participants will include Michael E. Roach, President and Chief Executive Officer, as well as David Anderson, Executive Vice-President and Chief Financial Officer.

Who: CGI Group Inc. What: Third Quarter Fiscal 2008 Results When: Tuesday, July 29, 2008 at 8:00 a.m. (EDT) Conference Call: 1- 866-225-0198 Webcast: A live webcast of the quarterly results conference call may be accessed through the Company's website http://www.cgi.com/ where a replay will also be archived. Listeners should allow ample time to access the webcast. As well, reference slides will be available for download shortly before the beginning of the call. Podcast: An MP3 version will be available for download later in the day. RSS Feed: Subscribe via our site to receive the latest news releases and podcasts: http://www.cgi.com/web/en/media_room/rss_podcast_feeds.htm. About CGI

Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 27,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $3.8 billion and at March 31st, 2008, CGI's order backlog was $12.04 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: http://www.cgi.com/.

CGI GROUP INC.

CONTACT: Lorne Gorber, Vice-President, Global Communications and Investor
Relations, (514) 841-3355, lorne.gorber@cgi.com

T-Bay Holdings Reports Fiscal 2008 Year End Results

-- Net Revenue Up 29.6%; Net profit Up 19.3% --

SHANGHAI, China, July 15 /Xinhua-PRNewswire-FirstCall/ -- T-Bay Holdings, Inc. (BULLETIN BOARD: TBYH) , today announced its financial results for the fiscal year ended March 31, 2008. Full details of the Company's year-end financial results are available in the Company's Form 10-K at http://www.sec.gov/ .

Full Year 2008 Financial Highlights:

-- Revenue for the year ended March 31, 2008 totaled $45,681,000, a 29.6% increase from revenue of $35,236,000 for the year ended March 31, 2007.

-- Gross profit totaled $22,142,000 in fiscal 2008, an increase of 25.6% over gross profit of $17,630,000 in fiscal 2007. The gross profit margin for fiscal year of 2008 decreased to 48.5%, from 50.0% for fiscal year of 2007.

-- Net income totaled $14,554,000 in fiscal 2008, increasing 19.3% from net income of $12,203,000 in fiscal 2007. The Company reported earnings per share of $0.48 for fiscal 2008, increased by $0.07 as compared with fiscal 2007.

-- As of March 31, 2008, cash and equivalents totaled $23,355,000 and shareholders' equity totaled $49,689,000.

Financial Performance:

Revenues in fiscal 2008 recorded growth of 29.6% to $45,681,000, versus revenues of $35,236,000 in fiscal 2007. The revenue from sales of components increased by 44.2% whereas revenue from design services increased by 17.9%.

The growth was principally attributed to more design kick-offs and diversified market stratagem. During the year, T-Bay has introduced 31 design solutions based on three chipset platforms which made its product lines covering different market segments.

T-Bay has also developed feature phones for specific targeted markets. The world's first phone solution with ECG (Electrocardiogram) monitor was developed for healthcare institutions; the phone solution with push-to-talk was developed for hotel and convention center employees; the phone solution with PHS (Personal Handy-phone System) was targeted to customers in remote areas in China and the phones have been used for rescue in the Sichuan Earth Quake two months ago; Dual-SIM card solutions were targeted to frequent business travelers. The diversified market stratagem demonstrates T-Bay's competitive strength among other design houses in China and will bring higher profit margin than common solutions.

Net income rose 19.2% in fiscal 2008 to $14,554,000 from $12,203,000 in fiscal 2007, driven primarily by the increase income form design services, and it was the highest record in five years' operation history.

"In addition to feature phones and 3G phone developed, we were involved in components design in automobile wireless technology and railway wireless communication system" said Jie Shi, T-Bay's chief executive officer, "we are now working with technology partners to develop TPMS (Tire Pressure Monitoring System) sensors for local car manufacturers. It is the first step to enter in the automobile design industry. The application of wireless technology in automobile is another exciting market for us as wireless expert in China."

Concerning the late filing, Mr. Jie Shi explained, "we apologize for the late filing of the Form 10-K because it's the first time we file 10-K instead of 10KSB. We will enhance operation efficiency to prevent late filing from happening again."

The company also disclosed in its 10K that it is in process of applying for AMEX listing.

COMPARATIVE RESULTS For Fiscal Year Ended 3/31/08 3/31/07 Revenue $45,681,000 $35,236,000 Gross Profit 22,142,000 17,630,000 Gross profit margin (%) 48.5% 50.0% Net Income 14,554,000 12,203,000 Comprehensive income 17,443,000 13,751,000 Earnings per share 0.48 0.41 About T-Bay Holdings Inc.

T-BAY conducts its mobile phone design business through its 95% owned subsidiary, Shanghai SunPlus Communication Technology Co., Ltd. ("SunPlus"). Established in October 2002, SunPlus is a Sino-foreign joint venture providing total solution and full-range design services to leading mobile handset brand owners in China. The broad spectrum of services that SunPlus provides include overall product design, mechanical design, module architecture design, software design, prototype production, product testing, manufacturing and after-sale technical support. The Company currently has a staff of 130, comprised mostly of engineers and software programmers.

SunPlus develops its mobile phone modules based mainly on the chipset platform provided by VIA, MTK, SKYWORKS, ANYKA, INFINEON. Historically, our customers included multinational brand names such as Motorola, NEC, Siemens, China Telecom, Panasonic and Alcatel. Our major customers in China in fiscal year ended March 31, 2008 were Shenzhen Naide Technology Co., Ltd., Shenzhen Henkai Co. Ltd., Shenzhen Xuanhua Electronic Technology Co. Ltd., Beijing Hocom Co., Ltd. and Shenzhen Noato Technology Co., Ltd.

T-Bay Holdings Inc.

CONTACT: Jack Zeng of T-Bay Holdings Inc., +86-159-2180-1456, or
zeng888888@hotmail.com

New Duracell Mini Chargers Offer Colorful Convenience for on-the-go Device- Lovers

BETHEL, Conn., July 15, 2008 /PRNewswire/ -- Duracell today announced the introduction of four new colorful additions to its portable power portfolio. Hot pink, electric blue, lime green and jet black break the traditional look of charging devices to provide the latest shades of the Duracell Mini Charger. Designed to meet the needs of gadget-lovers seeking value with their power, the new Mini Charger is ready for action because it's packed along with Pre-Charged Rechargeable batteries, nickel metal hydride (NiMH) cells that come fully charged.

The new Mini Charger lineup marks the first time Duracell has offered products in a variety of colors, specially designed to complement the hottest devices on the market requiring power at-the ready.

"The new Mini Charger marries personalization with portable power," said Rick June, Duracell's vice president of marketing. "Consumers tell us they want choices that will let them make a statement with their gear, so we are pleased to offer personalized color options to match the portable devices they carry."

MP3 players, digital cameras and gaming device purchase and usage is at an all time high, and is predicted to grow exponentially in the years to come.(1) At about the size of a computer mouse, the Mini Charger is the perfect affordable solution for these portable, high-drain devices because it is small enough to take everywhere and the Pre-Charged batteries retain power for up to 365 days, providing instant power. This power solution provides great value for consumers who can recharge these batteries hundreds of times to deliver hours of music and thousands of digital photos.

According to the Consumer Electronics Association, when it comes to gear consumers want to become even more mobile.(2) With the ability to plug-in from virtually anywhere, the new Duracell Mini Charger was designed specifically to help provide a dependable power solution for people on the go.

The new Mini Charger, which made its debut in black with standard NiMH cells, offers big performance in a small, sleek design that plugs directly into the wall. Duracell Pre-Charged batteries are convenient and easy to use because they remain charged longer and do not require as frequent recharging.

The new Mini Charger is capable of charging up to two Pre-Charged AA or AAA NiMH batteries from any location worldwide. The Mini Charger also includes superior safety technology that prevents over-charging and over-heating to ensure maximum safety.

Available at mass, drug, grocery and specialty stores nationwide beginning in July 2008, Duracell Mini Chargers will have a suggested retail price of $12.99.

About Duracell

Part of the Procter & Gamble Company , Duracell is the world's leading manufacturer of high-performance alkaline batteries. Duracell also sells various other types of batteries including lithium and zinc air batteries, as well as rechargeable Nickel-Metal Hydride (NiMH) batteries and chargers. The company also markets general purpose flashlights. Visit http://www.duracell.com/ for more information about Duracell batteries.

About Procter & Gamble

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

(1) Consumer Electronics Association, Digital America 2007 Study, April 2007

(2) Consumer Electronics Association, 9th Annual Household and Teen CE Ownership and Market Potential Study, April 2007

Procter & Gamble

CONTACT: Kurt Iverson of Duracell, +1-203-796-4669, Iverson.k@pg.com, or
Marisa Gross of PainePR, +1-212-613-4932, mgross@painepr.com, for Procter &
Gamble

Web site: http://www.pg.com/
http://www.duracell.com/

Nokia Completes Plazes Acquisition

ESPOO, Finland, July 15 /PRNewswire-FirstCall/ -- Nokia announced today that it has completed its acquisition of Plazes (http://www.plazes.com/), a privately-owned start-up company of 13 people with its principal operations in Berlin. The deal was initially announced on June 23, 2008.

By acquiring Plazes, Nokia will be able to extend its context-based service offering with social presence and time-based activity planning features.

About Nokia

Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. We make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Developing and growing our offering of consumer Internet services, as well as our enterprise solutions and software, is a key area of focus. We also provide equipment, solutions and services for communications networks through Nokia Siemens Networks.

It should be noted that certain statements herein which are not historical facts, including, without limitation, those regarding: A) the timing of product, services and solution deliveries; B) our ability to develop, implement and commercialize new products, services, solutions and technologies; C) expectations regarding market growth, developments and structural changes; D) expectations regarding our mobile device volume growth, market share, prices and margins; E) expectations and targets for our results of operations; F) the outcome of pending and threatened litigation; G) expectations regarding the successful completion of contemplated acquisitions on a timely basis and our ability to achieve the set targets upon the completion of such acquisitions; and H) statements preceded by "believe," "expect," "anticipate," "foresee," "target," "estimate," "designed," "plans," "will" or similar expressions are forward-looking statements. These statements are based on management's best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors that could cause these differences include, but are not limited to: 1) competitiveness of our product, service and solutions portfolio; 2) the extent of the growth of the mobile communications industry and general economic conditions globally; 3) the growth and profitability of the new market segments that we target and our ability to successfully develop or acquire and market products, services and solutions in those segments; 4) our ability to successfully manage costs; 5) the intensity of competition in the mobile communications industry and our ability to maintain or improve our market position or respond successfully to changes in the competitive landscape; 6) the impact of changes in technology and our ability to develop or otherwise acquire complex technologies as required by the market, with full rights needed to use; 7) timely and successful commercialization of complex technologies as new advanced products, services and solutions; 8) our ability to protect the complex technologies, which we or others develop or that we license, from claims that we have infringed third parties' intellectual property rights, as well as our unrestricted use on commercially acceptable terms of certain technologies in our products, services and solution offerings; 9) our ability to protect numerous Nokia and Nokia Siemens Networks patented, standardized or proprietary technologies from third-party infringement or actions to invalidate the intellectual property rights of these technologies; 10) Nokia Siemens Networks' ability to achieve the expected benefits and synergies from its formation to the extent and within the time period anticipated and to successfully integrate its operations, personnel and supporting activities; 11) whether, as a result of investigations into alleged violations of law by some current or former employees of Siemens AG ("Siemens"), government authorities or others take further actions against Siemens and/or its employees that may involve and affect the carrier-related assets and employees transferred by Siemens to Nokia Siemens Networks, or there may be undetected additional violations that may have occurred prior to the transfer, or ongoing violations that may have occurred after the transfer, of such assets and employees that could result in additional actions by government authorities; 12) any impairment of Nokia Siemens Networks customer relationships resulting from the ongoing government investigations involving the Siemens carrier-related operations transferred to Nokia Siemens Networks; 13) occurrence of any actual or even alleged defects or other quality issues in our products, services and solutions; 14) our ability to manage efficiently our manufacturing and logistics, as well as to ensure the quality, safety, security and timely delivery of our products, services and solutions; 15) inventory management risks resulting from shifts in market demand; 16) our ability to source sufficient amounts of fully functional components and sub-assemblies without interruption and at acceptable prices; 17) any disruption to information technology systems and networks that our operations rely on; 18) developments under large, multi-year contracts or in relation to major customers; 19) economic or political turmoil in emerging market countries where we do business; 20) our success in collaboration arrangements relating to development of technologies or new products, services and solutions; 21) the success, financial condition and performance of our collaboration partners, suppliers and customers; 22) exchange rate fluctuations, including, in particular, fluctuations between the euro, which is our reporting currency, and the US dollar, the Chinese yuan, the UK pound sterling and the Japanese yen, as well as certain other currencies; 23) the management of our customer financing exposure; 24) allegations of possible health risks from electromagnetic fields generated by base stations and mobile devices and lawsuits related to them, regardless of merit; 25) unfavorable outcome of litigations; 26) our ability to recruit, retain and develop appropriately skilled employees; 27) the impact of changes in government policies, laws or regulations; and 28) our ability to effectively and smoothly implement our new organizational structure; as well as the risk factors specified on pages 10-25 of Nokia's annual report on Form 20-F for the year ended December 31, 2007 under "Item 3.D Risk Factors." Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Nokia does not undertake any obligation to update publicly or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.

http://www.nokia.com/

Nokia Corporation

CONTACT: Media Enquiries: Nokia, Communications, Tel. +358-7180-34900,
Email: press.services@nokia.com

Presstek Completes Sale of Its Lasertel Property for $8.75 Million

HUDSON, N.H., July 15 /PRNewswire-FirstCall/ -- Presstek, Inc. , the leading manufacturer and marketer of digital offset business solutions, today announced that it had completed the previously announced sale of the land and building of its Lasertel property in Tucson, Arizona. Presstek has signed a lease to utilize the portion of the building which is needed to run the Lasertel business. Presstek received $8.75 million for the property and building. The company intends to use the proceeds of the sale to reduce outstanding debt.

"One of the company's primary objectives over the past year has been to improve cash flow and reduce debt to help fund our strategic growth initiatives," commented Presstek President and Chief Executive Officer Jeff Jacobson. "This cash is a key element of our plans for paying down debt; reducing interest expense, and building a much stronger balance sheet. The Business Improvement Plan we announced in October 2007 is successfully reshaping our operating profile and positioning the company to leverage the long term future growth we expect to deliver via our strategic initiatives."

About Presstek

Presstek, Inc. is the leading manufacturer and marketer of high tech digital imaging solutions to the graphic arts and laser imaging markets. Presstek's patented DI(R), CTP and plate products provide a streamlined workflow in a chemistry-free environment, thereby reducing printing cycle time and lowering production costs. Presstek solutions are designed to make it easier for printers to cost effectively meet increasing customer demand for high-quality, shorter print runs and faster turnaround while providing improved profit margins. Presstek subsidiary, Lasertel, Inc., manufactures semiconductor laser diodes for Presstek's and external customers' applications. For more information visit http://www.presstek.com/, or call 603-595-7000 or email: info@presstek.com.

DI is a registered trademark of Presstek, Inc.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this News Release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties are detailed in the company's 2007 Annual Report on Form 10-K and the company's other reports on file with the Securities and Exchange Commission. The words "looking forward," "looking ahead," "believe(s)," "should," "may," "expect(s)," "anticipate(s)," "intend(s)," "project(s)," "likely," "opportunity," and similar expressions, among others, identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. The company undertakes no obligation to update any forward-looking statements contained in this news release.

Contacts Investor Relations Trade Relations Kathleen Makrakis Betty LaBaugh Director of Investor Relations Public Relations Manager 203-485-7534, ext. 1432 603-594-8585, ext. 3441 kmakrakis@presstek.com blabaugh@presstek.com

Presstek, Inc.

CONTACT: Kathleen Makrakis, Director of Investor Relations of Presstek,
Inc., +1-203-485-7534 ext. 1432, or kmakrakis@presstek.com; or Betty LaBaugh,
Public Relations Manager of Presstek, Inc., +1-603-594-8585 ext. 3441, or
blabaugh@presstek.com

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

Boeing and Alenia to Support Italy's First Composite Industrial Recycling PlantAgreement establishes framework for recycling aircraft composite waste into reusable materials

FARNBOROUGH, United Kingdom, July 15 /PRNewswire-FirstCall/ -- The Boeing Company and Alenia Aeronautica, a Finmeccanica company, today announced that they are joining forces to help establish Italy's first composite recycling facility, which will be located in Southern Italy. Together with partners Milled Carbon (based in Birmingham, U.K.), Karborek (based in Puglia, Italy), and ENEA (Italian National Agency for new Technologies Energy and the Environment), the two companies have signed a letter of intent to apply their expertise and work with academia to advance industry knowledge surrounding the recycling of composite airplane parts into reusable materials for manufacturing. Financial terms were not announced.

The composite recycling facility, which is expected to be operational in mid- to late 2009, will be in Italy's Puglia region, near the Alenia Aeronautica manufacturing center and its supply chain production centers. When fully operational, the center is expected to process an average of 1,000 metric tonnes (1,102 tons) of composite scrap annually and add approximately 75 jobs to the regional economy.

Boeing, which is pioneering the use of composites as the primary structure on the 787 Dreamliner, and Alenia, a major 787 partner, will support the project by partnering to advance associated knowledge and technologies and reuse of recycled aircraft parts and manufacturing materials. Both companies will work together to process carbon fiber scrap material from all of the Alenia facilities and related supply chain facilities. Over the longer term, Boeing and Alenia will work closely with Italian industry and academia to develop additional markets for the reuse of the carbon fiber, which could include automotive, civil engineering, sporting goods, nautical and other industrial applications in Italy and across Europe.

"High-value composite materials are playing an increasingly significant role in aviation's ability to develop lighter, more fuel efficient and environment friendly aircraft," said Billy Glover, Boeing Commercial Airplanes managing director of environmental strategy. "Through this agreement, we are proactively developing technologies and capabilities today that will allow us to responsibly recycle our precious resources, and help meet rising demand for high-quality composite material."

Working collaboratively with Boeing, Milled Carbon has demonstrated the ability, in a pilot industrial plant, to process cured and uncured composite parts on a continual feed that extracts high-quality carbon fibers. The recycled material potentially can be used for noncritical structures such as interior linings, galley and seat parts and tools that can benefit from stronger, lighter-weight materials.

ENEA, the Italian Research Institute, has long worked with Karborek to develop recycling process technologies for the recovery of carbon and glass fiber from composite materials. ENEA and Karborek each has separately developed prototypes of complementary technology.

"Alenia Aeronautica is very aware of the importance of product sustainability, and as the use of composites grows, so does the importance of recycling these materials," said Alenia Chief Technology Officer Nazario Cauceglia. "In light of this, we have engaged with Italian research organizations and other companies to make this project a reality. It is encouraging to see the partners already so well advanced in the development of the project."

Boeing and Milled Carbon are both members of the Aircraft Fleet Recycling Association (AFRA), an international nonprofit organization dedicated to developing industry best practices for the responsible recycling of end-of-service aircraft and their parts. The new joint venture is also anticipated to become an AFRA member and ultimately bolster the organization's capabilities in the area of composite recycling.

Alenia Aeronautica S.p.A. is a major Boeing partner producing 787 composite fuselage barrel sections and the horizontal stabilizer.

The Boeing Research & Development of Italy (BR&DI) was established in Southern Italy in early 2008 with a primary mission of engaging Italian industries, academia and research centers in technological innovation and industrial growth.

Milled Carbon is the provider of the industrial plant blueprint and operational recycling processes. The company has worked with Boeing to develop this capability through years of development and pilot program testing.

Karborek, located in Lecce, is teaming with Milled Carbon with regards to the building and operation of the composite recycling plant.

ENEA, Italy's largest technology research institution for energy and environment, brings extensive recycling process experience.

The Boeing Company

CONTACT: Terrance Scott of Boeing Commercial Airplanes Communications
(U.S.), +1-206-571-8070; or Marco Valerio Bonelli of Alenia Aeronautica
(Italy), +39 06 42088 985; or Stefano Coriano of Karborek (Italy),
+39 348 2101311; or Giacinto Cornacchia of ENEA (Italy), +39 335 1419864

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

Verizon's 'Business Link Rewards' Program Launches Online MallSmall and Medium-Sized Businesses Can Earn Unlimited Bonus Credits With the Verizon Business Links Rewards Online Mall; Shopping Destination Has More Than 350 Retailers Offering Discounts

NEW YORK, July 15 /PRNewswire/ -- Verizon's small- and medium-sized business customers participating in the Business Link Rewards program are now eligible for discounts and special promotions every time they shop at the Verizon Business Links Online Mall. Customers will also earn additional Business Link Rewards Bonus Credits for every dollar they spend at the Mall, and they can redeem the credits for a variety of rewards in the program.

The new Business Link Rewards Online Mall is powered by Mall Networks, a leading provider of merchant-funded loyalty shopping programs. Small- and medium-sized business customers who use the Online Mall can get discounts from more than 350 retailers, including Best Buy, Dell Computers, Office Depot, Expedia, eBay and Target.

"We continually look at new ways to add value for our business customers," said Michael McLaughlin, director of mass business marketing for Verizon. "The Business Link Rewards program has been highly appealing to our customers during the past 12 years, and we are constantly creating enhancements to keep it fresh and valued by our members. Adding the Business Links Rewards Online Mall gives our customers a significant way to accelerate their reward-earning opportunities through everyday shopping for their home or business. Plus, they receive savings and other offers from these major merchants."

Each time they shop, Verizon business customers earn Bonus Credits, which can be redeemed for a wide variety of program rewards such as gift cards, dining certificates, travel, tickets to sporting events, office supplies or even a direct credit to the customer's Verizon bill. Business Link Rewards members also can use Bonus Credits to bid in auctions for valuable gift items, tickets and other merchandise.

"Verizon already has a rich customer loyalty program in place, but they turned to Mall Networks for help creating additional discounts and rewards for small- and medium-sized business customers every time they shop at the online mall," said Dave Andre, president and CEO of Mall Networks. "We are pleased to work with Verizon, a company that shares our passion for improving the customer experience. Verizon recognizes that enhancing their existing customer loyalty program with a merchant-funded loyalty shopping program is a win-win for both Verizon and its valued customers."

Verizon offers a variety of products and services that allow businesses to customize the solutions they need to better compete in the marketplace. For more information on Verizon's products and services for small businesses, customers can visit http://smallbiz.verizonmarketing.com/ or call 888-649-9500.

For more information about Verizon Business Link Rewards, call 800-LINK-888 (1-800-546-5888) or visit http://www.verizon.com/businesslink.

About Mall Networks

Mall Networks is the leading provider of merchant-funded loyalty shopping solutions that increase revenue, strengthen customer loyalty, and improve member engagement for a range of industries including financial services, card issuers, airline and hospitality, affinity organizations and loyalty programs. Featuring an integrated network of more than 700 world-class online and bricks-and-mortar merchants, Mall Networks' multi-channel shopping solutions and flexible, on-demand platform power personalized online and in-store shopping programs for more than 30 million consumers. Industry leaders including JPMorgan Chase, Upromise, Verizon, Shop.org, Spirit Airlines, Virgin, and NASCAR rely on Mall Networks to build loyal, profitable customer relationships. Mall Networks is headquartered in Lexington, Mass. For more information, visit HYPERLINK "http://www.mallnetworks.com/" http://www.mallnetworks.com/.

About Verizon

Verizon

CONTACT: Kevin Laverty of Verizon, +1-425-261-5855,
kevin.laverty@verizon.com; or Amy Paladino of Mall Networks, +1-781-772-1005,
amypal@comcast.net

Web Site: http://smallbiz.verizonmarketing.com/

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

General Dynamics Recognized for Small Business Support by Veterans Affairs

FAIRFAX, Va., July 15 /PRNewswire/ -- General Dynamics Information Technology, a business unit of General Dynamics , received a Corporate Achievement Award from the U.S. Department of Veterans Affairs for its dedication to expanding business opportunities for veterans, especially those with service-connected disabilities.

"General Dynamics Information Technology has been an important resource for helping to develop and increase business opportunities for veteran and service-disabled veteran-owned small businesses. Veterans bring outstanding leadership and experience to companies such as General Dynamics on the contracts they have with their government customers and specifically with the Department of Veterans Affairs. We appreciate their support in working with our veterans," said Scott Denniston, director, Small and Disadvantaged Business Utilization, U.S. Department of Veterans Affairs.

"This recognition is an outcome of the company's support of small business partners nationwide and our dedication to service-disabled veteran-owned small businesses," said Tom Kirchmaier, senior vice president of Intelligence Solutions for General Dynamics Information Technology. "We want to encourage these entrepreneurs to work with us because they bring great experience and valuable skills to our contracting efforts."

General Dynamics Information Technology has opened doors that allow veterans to continue serving their country by providing comprehensive support and contracting opportunities. In 2007, General Dynamics Information Technology spent over $440 million with small businesses, representing over 50 percent of subcontracted dollars. By the end of 2007, the company's Intelligence Solutions organization alone spent $33 million with service-disabled veteran-owned small businesses (SDVOSBs) on one of its major contracts, a figure that represents 4.8 percent of its subcontracted dollars.

As a trusted systems integrator for more than 50 years, General Dynamics Information Technology provides information technology (IT), systems engineering and professional services to customers in the defense, intelligence, homeland security, federal civilian government and commercial sectors. With 15,000 professionals worldwide, the company manages large-scale, mission-critical IT programs delivering IT services and enterprise solutions. More information about General Dynamics Information Technology is available at http://www.gdit.com/.

General Dynamics, headquartered in Falls Church, Va., employs approximately 84,000 people worldwide and reported 2007 revenues of $27.2 billion. The company has leading market positions in mission-critical information systems and technologies, land and amphibious combat systems, shipbuilding and marine systems, and business aviation. More information about the company is available on the Internet at http://www.generaldynamics.com/.

General Dynamics Information Technology

CONTACT: Mark Meudt of General Dynamics Information Technology,
+1-703-246-0525, or Fax: +1-703-246-0206, Mark.Meudt@gdit.com

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

Settlement of Class Action Against Qiao Xing Universal Telephone, Inc. and its Directors and Officers

HUIZHOU, Guangdong, China, July 15 /Xinhua-PRNewswire-FirstCall/ -- Qiao Xing Universal Telephone, Inc. today announces that at the July 11, 2008 final fairness hearing, U.S. District Judge Denise L. Cote gave her final approval of the settlement of the class action against Qiao Xing Universal Telephone, Inc. and its directors and officers. The Final Approval Order and Judgment was signed and entered on the same day.

The settlement amount for the class action was USD2,400,000. The Company's directors and officers insurance carrier contributed USD300,000 towards the settlement. The Company has accrued a USD2,100,000 non-operating loss in its 2007 consolidated financial statements in connection with the settlement. This loss had no material impact on the consolidated results of the Company for the year ended December 31, 2007.

Mr. Wu Rui Lin, Chairman of XING, said, "We are glad that the class action was promptly settled. I would like to stress that there is no admission of wrongdoing by the defendants in the settlement and we agreed to it to halt the substantial expense and management distraction that continues to be attendant to the litigation, as well as to eliminate uncertainty and risks from continued litigation."

About Qiao Xing Universal Telephone, Inc.

Qiao Xing Universal Telephone, Inc. is one of China's largest manufacturers and distributors of telecommunications products in China. QXUT's product portfolio includes telecommunications terminals and related products, including fixed wireless phones, VoIP telephones, mobile handsets, PDAs and consumer electronic products, including MP3 players, cash registers and set- top-box products. The Company primarily conducts its business through its operating subsidiaries CEC Telecom Co., Ltd (CECT), and Huizhou Qiao Xing Communication Industry Co., Ltd (HZQXCI), a company engaged in R&D and distribution of indoor telephone sets and economy mobile phones under the COSUN brand. The Company Group has built a strong distribution network comprised of more than 5,000 retail stores throughout China and has established partnerships with major retailers in Europe, North America and Latin America, including Bellsouth and Wal-Mart. For more details, please visit http://www.cosun-xing.com/ .

Safe Harbor Statement

This announcement contains forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, these forward-looking statements can be identified by words or phrases such as "aim," "anticipate," "believe," "continue," "estimate," "expect," "intend," "is /are likely to," "may," "plan," "potential," "will" or other similar expressions. Statements that are not historical facts, including statements about Qiao Xing Universal's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Information regarding these factors is included in our filings with the Securities and Exchange Commission. Qiao Xing Universal does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release is as of July 15, 2008, and Qiao Xing Universal undertakes no duty to update such information, except as required under applicable law.

For more information, please contact: Rick Xiao Qiao Xing Universal Telephone, Inc. Tel: +86-752-282-0268 Email: rick@qiaoxing.com

Qiao Xing Universal Telephone, Inc.

CONTACT: Rick Xiao of Qiao Xing Universal Telephone, Inc.,
+86-752-282-0268, or rick@qiaoxing.com

Web site: http://www.cosun-xing.com/

Sears 'Arrives' on the Social Networking Scene with Multiple Partnerships Aimed at Increasing User Engagement Among Teens and Tweens

HOFFMAN ESTATES, Ill., July 15 /PRNewswire-FirstCall/ -- Sears has partnered with some of the biggest names in youth interactive marketing to ensure that their new back to school message, "Don't Just Go Back. Arrive," resonates with and engages the coveted teen and tween demographic this season. Thirteen sites have partnered with Sears to create custom animation, virtual worlds and social networking applications aimed at driving the target market to the Sears online "Arrive Lounge."

The Web site, http://www.arrivelounge.com/, features excusive, interactive content from the entire Sears 2008 back to school offering:

-- Content from Sears' back to school campaign featuring Vanessa Hudgens, star of the hit film series High School Musical, including a long-format video shot by Grammy award-winning director Joseph Kahn. The five-part video series focuses on Hudgens' quest to pick a style for the first day of school.

-- A chance for visitors to vote for the male cast member who will star with Hudgens in the final episode of the five-part commercial series.

-- A remix master that goes live in July, which will offer users a tool to make their own music videos and share them with friends via YouTube, Facebook and MySpace.

-- Exclusive content from MTV's "The American Mall" that includes Sears product integration throughout the movie.

-- Registration for VIP Access Cards, part of a Sears loyalty program, that offer cardholders the opportunity to obtain exclusive benefits, including entry into various sweepstakes and notification of exclusive sales at Sears and Sears.com.

-- Sweepstakes prizes include a Vanessa Hudgens concert at the winner's school, private jet and limo rides to arrive at school in style and a jet shopping trip to Hollywood.

A host of online partners, such as Alloy.com, Disney and Nickelodeon have partnered with Sears for this back to school initiative, and are engaging their interactive elements to connect their users with Sears messaging and direct teens and tweens back to http://www.arrivelounge.com/. Partners include:

-- Alloy Media + Marketing's Teen.com Network - Virtual world Zwinky.com created a Sears virtual store within its Zwinchester Mall, offering users exclusive apparel for their personal avatars and items for their rooms and will host a "Fashion Forward" event celebrating the best of B-T-S fashion. 3d avatar creator Meez.com features a Sears B-T-S boutique offering users the coolest clothing, backgrounds, and animations to get ready for the new school year and invites users to compete in a "Best Dressed B-T-S" competition. Additional promotion will run across Alloy.com.

-- GoFish.com - GoFish has created custom Sears Back-To-School branded experiences. These include a Sears clothing store and runway contest on Cartoon Doll Emporium and WeeWorld Sears WeeMee assets and contest.

-- Nick.com - The site developed a custom Sears back to school section on their site with Nickelodeon character driven activities, quizzes and videos that link to http://www.arrivelounge.com/.

-- Addicting Games - The Web site developed a fully branded back to school hub featuring custom games created exclusively for Sears and integrated Sears "Arrive Lounge" content throughout the site.

-- The-N.com - The-N.com developed a custom Sears boutique in its avatar mall and products within The-N avatar world. Every day the boutique is giving away a free virtual item and free creds (the-N's online currency). The-N also features a Sears Screening Party where users can view and interact with custom Sears back-to-school content.

-- FunBrain.com/Poptropica.com - Developed a custom Sears game for Funbrain.com and a Sears building within Poptropica.com, a virtual world.

-- NeoPets.com - NeoPets has included exclusive Sears content within the Summer Faire environment on their site.

-- Facebook - Sears back-to-school Facebook Pages featuring "Arrive Lounge" content and applications as well as the ability for students to become "fans" of Sears and interact.

-- MySpace - Custom Sears back-to-school page featuring "Arrive Lounge" content and apps.

-- Seventeen/CosmoGIRL! - Both magazines are participating in cross-channel promotions with custom online Sears back-to-school content.

"Expanding our marketing strategy into the online world of user communities and social networking is a critical means of developing engagement and brand loyalty within the youth demographic," says Richard Gerstein, SVP and chief marketing officer, Sears. "By modifying our strategy to reach tweens in their own environment we are demonstrating to them how Sears can be a part of their life, from their entertainment to their school wardrobe."

About Sears, Roebuck and Co.

Sears, Roebuck and Co., a wholly owned subsidiary of Sears Holdings Corporation , is a leading broadline retailer providing merchandise and related services. Sears, Roebuck offers its wide range of home merchandise, apparel and automotive products and services through more than 2,400 Sears-branded and affiliated stores in the United States and Canada, which includes approximately 926 full-line and 1,100 specialty stores in the U.S. Sears, Roebuck also offers a variety of merchandise and services through sears.com, landsend.com, and specialty catalogs. Sears, Roebuck offers consumers leading proprietary brands including Kenmore, Craftsman, DieHard and Lands' End -- among the most trusted and preferred brands in the U.S. The company is the nation's largest provider of home services, with more than 13 million service calls made annually. For more information, visit the Sears, Roebuck website at http://www.sears.com/ or the Sears Holdings Corporation website at http://www.searsholdings.com/.

Sears, Roebuck and Co.

CONTACT: Chelsea Moreno of Euro RSCG Worldwide PR, +1-212-367-6825,
chelsea.moreno@eurorscg.com, for Sears; or Kirsten Whipple of Sears Holdings,
+1-847-286-3037, kwhippl@searshc.com

Web site: http://www.sears.com/
http://www.searsholdings.com/
http://www.arrivelounge.com/

Standard & Poor's to Provide Ratings Data to QED Financial SystemsStandard & Poor's real-time digital feed of credit ratings available via services from QED Financial Systems

NEW YORK, July 15 /PRNewswire/ -- Standard & Poor's, a leading provider of financial market intelligence, today announced that QED Financial Systems' institutional buy-side clients will be able to receive real-time credit ratings information covering global issuers, structured finance, and the U.S. public finance market segments through RatingsXpress.

With hundreds of new and increasingly complex securities entering the market every day, Standard & Poor's provides financial professionals with the in-depth research, opinions and high-quality credit ratings that they need to better assess market conditions. The institutional investors, public and private pension plan sponsors, investment and asset managers, and state government financial organizations that use QED's services will now have easier access to this data through RatingsXpress.

"Embedding Standard & Poor's credit ratings and information into QED's technology platform will better serve QED clients who need that critical credit market information in order to make their investment decisions," said Charles Warburton, Director of Product Management at Standard & Poor's. "Providing that broad and deep information for investment professionals is directly in line with our commitment to market transparency."

RatingsXpress covers more than 46,000 active Global Issuers, Public Finance, and Structured Finance entities and hundreds of thousands of securities, including decades of history to support benchmarking and risk modeling exercises.

"QED recognizes the importance of quality data and how it impacts the accuracy of investment accounting results and investment decision-making," said Michael Dowd, Senior Vice President of Operations at QED. "We are committed to providing our clients with value-added services that streamline their investment operations, and the RatingsXpress data feed is a perfect complement to our portfolio management and investment accounting systems clients."

About QED Financial Systems

QED Financial Systems, Inc. is the premier provider of portfolio management and investment accounting solutions to asset managers, pension funds, investment advisors, public treasuries, and other buy-side firms. QED manages more than 1 trillion USD in collective assets, and nearly 50% of the U.S. state treasuries use QED solutions. QED offers LAN- and ASP-based software solutions for streamlining back-office operations. Additionally, QED's Accounting Services division is a leading provider of portfolio management and investment accounting outsourcing solutions.

About Standard & Poor's

Standard & Poor's, a division of The McGraw-Hill Companies , is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com/.

Standard & Poor's

CONTACT: Product Information:
Charles Warburton
Standard & Poor's
+1-212-438-1793
charles_warburton@standardandpoors.com
or
Media Information:
Christopher Capot
KNB Communications
+1-212-505-2441
ccapot@knbpr.com

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

FFI Reports Third Quarter Results

INDIANAPOLIS, July 15 /PRNewswire-FirstCall/ -- Fortune Industries, Inc. announced today third quarter results for the quarter ended May 31, 2008.

Highlights

Revenue for the three months ended May 31, 2008 was $40.2 million as compared to $42.286 million for the same period of 2007, representing a 5% decrease in revenue. Revenue for the nine months ended May 31, 2008 was $125.883 million as compared to $115.209 million for the same period of 2007, representing a 9% increase in revenue.

Net loss available to common stock shareholders for the three months ended May 31, 2008 was ($3.080) million or ($0.24) per diluted share as compared to ($1.355) million or ($0.10) per diluted share for the same period of 2007, representing a ($1.725) million increase in net loss available to common stock shareholders. Net loss available to common stock shareholders for the nine months ended May 31, 2008 was ($5.909) million or ($0.46) per diluted share as compared to ($8.384) million or ($0.67) per diluted share for the same period of 2007, representing a $2.475 million improvement in net loss available to common stock shareholders.

"The slowdown in the economy has affected our Company across the board through a reduction in worksite employees in the Business Solutions segment, increased raw material costs in the Transportation Infrastructure segment and significantly higher fuel costs for the Company as a whole," stated John Fisbeck, CEO. "The fuel costs alone resulted in over $1.0 million in additional costs over the last nine months. While I am disappointed in our current earnings, I am excited about our new three-year term note with our majority shareholder and our new revolving line of credit with KeyBank, which will allow us to focus on growing our company over the next three-year period."

Segment Information Business Solutions

Revenue for the three month period ended May 31, 2008 was $20.286 million, compared to $22.012 million for the three month period ended May 31, 2007, a decrease of $1.726 million or 8%. Revenue decreased due to the slowdown in the overall economy and specifically in the home construction industry, resulting in a loss in worksite employees.

Wireless Infrastructure

Revenue for the three month period ended May 31, 2008 was $2.913 million compared to $5.100 million for the three month period ended May 31, 2007, a decrease of $2.187 million or 43%. The decrease in revenues is primarily due to the decline and/or suspension of capital budgets by clients, the consolidation in the industry and our decision to downsize operations in the construction division.

Transportation Infrastructure

Revenue for the three month period ended May 31, 2008 was $10.581 million compared to $8.882 million for the three month period ended May 31, 2007, an increase of $1.699 million or 19%. Revenue increased primarily due to the Company beginning work on new specialty projects during the three month period ended May 31, 2008.

Ultraviolet Technologies

Revenue for the three month period ended May 31, 2008 was $2.826 million compared to $3.378 million for the three month period ended May 31, 2007, a decrease of $0.552 million or 16%. Revenue decreased as a result of a decline in sales of specialty inks in the US, a decline in sales of conductive inks in the UK, a decline in sales of CD inks in South Africa, and a decrease in nameplate ink sales in Asia.

Electronics Integration

Revenue for the three month period ended May 31, 2008 was $3.592 million compared to $2.912 million for the three month period ended May 31, 2007, an increase of $0.680 million or 23%.

About Fortune Industries, Inc.

Fortune Industries, Inc. operates as a global technology-based service company with offices in the United States, Singapore, China and England. It provides technology solutions to businesses in five segments: Business Solutions, Wireless Infrastructure, Transportation Infrastructure, Ultraviolet Technologies and Electronics Integration. The Business Solutions segment provides professional employment organization (PEO) services to small and medium sized businesses with up to 1,000 employees in 44 states, including human resource consulting & management, employee assessment, training, and benefits administration. The Wireless Infrastructure segment provides turnkey solutions to wireless carriers in 20 states. The Transportation Infrastructure segment provides the installation of highway safety products and commercial structural steel. The Ultraviolet Ink segment provides worldwide state-of-the-art UV ink technology solutions. The Electronics Integration segment provides sales and installation of commercial electronics.

Fortune Industries is based in Indianapolis, Indiana and is publicly traded on the American Stock Exchange under the symbol FFI. Additional information about Fortune Industries, Inc. can be found at http://www.ffi.net/.

This press release and other statements by Fortune Industries, Inc. may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as "believe", "expect", "estimate", "potential", or future/conditional verbs such as "will", "should", and "could" or the negative of those terms or other variations of them or by comparable terminology. The absence of such terms, however, does not mean that the statement is not forward-looking. Any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially. Factors that might cause or contribute to such differences, include, but are not limited to, the risks and uncertainties that are discussed under the heading "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" within the Company's Form 10-K for the year ended August 31, 2007. The Company undertakes no obligation to publicly update or revise any forward- looking statements, whether as a result of new information, future events or otherwise. Readers should carefully review the risk factors disclosed within the Company's Form 10-K and other documents filed by the Company with the Securities and Exchange Commission.

Consolidated Financial Information Three Month Period Nine Month Period Ended May 31, Ended May 31, 2008 2007 2008 2007 (Dollars in thousands, expect per share data) Consolidated Total Revenue $40,200 $42,286 $125,883 $115,209 Operating Loss $(2,045) $(286) $(2,406) $(4,925) Net Loss $(2,956) $(1,231) $(5,537) $(8,012) Net Loss Available to Common Shareholders $(3,080) $(1,355) $(5,909) $(8,384) Net Loss per Share: Basic $(0.27) $(0.12) $(0.52) $(0.78) Diluted $(0.24) $(0.10) $(0.46) $(0.67) Segment Data Segment Revenue Business Solutions $20,286 $22,012 $62,913 $47,103 Wireless Infrastructure 2,913 5,100 12,693 18,790 Transportation Infrastructure 10,581 8,882 32,208 29,514 Ultraviolet Technologies 2,826 3,378 8,903 9,340 Electronics Integration 3,592 2,912 9,161 10,454 Subtotal Revenue 40,198 42,284 125,878 115,201 Variable Interest Entity 2 2 5 8 Total Revenue $40,200 $42,286 $125,883 $115,209 Segment Operating Income (Loss) Business Solutions $(472) $65 $(54) $1,084 Wireless Infrastructure (645) (24) (538) (3,821) Transportation Infrastructure 418 427 711 1,338 Ultraviolet Technologies (39) 196 (104) 180 Electronics Integration (458) (95) (830) (742) Holding Company (1,222) (1,267) (2,704) (3,819) Subtotal Operating Income (2,418) (698) (3,519) (5,780) Variable Interest Entity 373 412 1,113 855 Total Operating Income $(2,045) $(286) $(2,406) $(4,925)

Fortune Industries, Inc.

CONTACT: Carrie Fitzsimons, General Counsel of Fortune Industries, Inc.,
+1-317-532-1374

Web site: http://www.ffi.net/

Hamilton Sundstrand Signs Spare Parts Agreement with Volvo Aero Services Corp.

FARNBOROUGH AIR SHOW, FARNBOROUGH, England, July 15 /PRNewswire-FirstCall/ -- Hamilton Sundstrand, a subsidiary of United Technologies Corp. , has signed an agreement allowing Volvo Aero Services Corp. to distribute Hamilton Sundstrand end items to support the operation of Boeing 737, 747, 757 and 767 aircraft.

Under the agreement, Volvo Aero Services will source 50 unique end items exclusively from Hamilton Sundstrand.

"This agreement allows Hamilton Sundstrand to expand the reach of its spare parts to as many customers as possible," said Mike Dumais, Hamilton Sundstrand vice president and general manager of Customer Service.

Volvo Aero Services Corp. provides aftermarket services in the aviation industry. The company offers a wide range of services, based on its competence in asset management, logistics and leasing of aircraft engines as well as engine and aircraft components. Volvo Aero Services is also the exclusive distributor of surplus spare parts for Boeing.

With 2007 revenues of $5.6 billion, Hamilton Sundstrand employs approximately 19,000 people worldwide and is headquartered in Windsor Locks, Conn. Among the world's largest suppliers of technologically advanced aerospace and industrial products, the company designs, manufactures and services aerospace systems and provides integrated system solutions for commercial, regional, corporate and military aircraft. It also is a major supplier for international space programs.

United Technologies Corp., based in Hartford, Conn., is a diversified company providing high technology products and services to the building and aerospace industries worldwide.

Contact: Dan Coulom 860-305-5471 Colleen Carroll 815-262-9825 Chalet D, 14 Exhibit Stand: Hall 4, F-14 44 (0) 1252 417 490

Hamilton Sundstrand

CONTACT: Dan Coulom, +1-860-305-5471, or Colleen Carroll,
+1-815-262-9825, both of Hamilton Sundstrand

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

Hamilton Sundstrand's MRJ Systems Complete the Program's Joint Concept Definition Phase

FARNBOROUGH AIR SHOW, FARNBOROUGH, England, July 15 /PRNewswire-FirstCall/ -- Five of Hamilton Sundstrand's six systems for the Mitsubishi Regional Jet (MRJ) have completed the program's Joint Concept Definition Phase. Hamilton Sundstrand is a subsidiary of United Technologies Corp. .

In November 2007, Mitsubishi Heavy Industries Ltd. (MHI) selected Hamilton Sundstrand to provide six major systems on the MRJ. Hamilton Sundstrand's suite of systems for each MRJ includes the electric system (including emergency power), fire detection and suppression system, air management system, inert gas system, Auxiliary Power Unit, and flap/slat actuation system.

Five of the six Hamilton Sundstrand systems achieved Joint Concept Definition Phase (JCDP) exit in the second quarter of 2008. These systems will now enter the program's Joint Design and Development Phase (JDDP). The JCDP exit for the final system is scheduled for the third quarter of 2008.

Hamilton Sundstrand is also supplying engine systems on the MRJ.

"Hamilton Sundstrand is delighted to be a major partner with Mitsubishi Aircraft Corporation on the MRJ," said Hamilton Sundstrand President David Hess. "We are very pleased with the aircraft program progress to date and the successful completion of these major milestones. We look forward to many more such achievements."

United Technologies Corp., based in Hartford, Conn., is a diversified company providing high technology products and services to the building and aerospace industries worldwide.

This release includes "forward looking statements" concerning business opportunities and other matters that are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements include changes in government procurement priorities; challenges in the design, development, production and support of advanced technologies and new products; and delays and disruption in delivery of materials and services from suppliers. For information identifying other important legal, technological, competitive and other uncertainties, see UTC's SEC filings as submitted from time to time, including but not limited to, the information included in UTC's 10-K and 10-Q Reports under the headings "Business," "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Cautionary Note Concerning Factors that May Affect Future Results," as well as the information included in UTC's Current Reports on Form 8-K.

Contact: Dan Coulom 860-305-5471 Colleen Carroll 815-262-9825 Chalet D, 14 Exhibit Stand: Hall 4, F-14 44 (0) 1252 417 490 http://www.hamiltonsundstrand.com/

Hamilton Sundstrand

CONTACT: Dan Coulom, +1-860-305-5471, or Colleen Carroll,
+1-815-262-9825, both of Hamilton Sundstrand

Web site: http://www.hamiltonsundstrandcorp.com/
http://www.farnborough.com/intro.aspx

Valley Forge Composite Technologies, Inc. Announces Subsidiary's Latest ProductLOKI, Nuclear Explosion Detection System Detects and Verifies Above Ground and Underground Nuclear Explosions.

COVINGTON, Ky., July 15 /PRNewswire-FirstCall/ -- Valley Forge Composite Technologies, Inc. (BULLETIN BOARD: VLYF) announced today that its wholly- owned subsidiary, Valley Forge Detection Systems, Inc. has added another product to their line of advanced Explosive Detection Systems.

Valley Forge's system named LOKI provides a full suite of detection capability to detect and verify nuclear explosions, pinpoint their location and monitor for radioactive fallout. LOKI instruments are rugged, reliable and provide accuracy that meets or exceeds standards of CTBTO the organization in charge of monitoring the Nuclear Test Ban Treaty.

LOKI orders are expected to provide appreciable sales and earnings in 2008.

Louis J. Brothers, President and CEO of Valley Forge Composite Technologies, Inc. said, "We believe our LOKI Detection System to be the best in the world. We are very pleased that our scientists and engineers continue to provide state of the art products and that these products continue on their path to commercial viability."

Valley Forge Detection Systems, Inc. and Valley Forge Imaging Systems, Inc. continue to meet with prospective end users of their systems to finalize airport installations.

About Valley Forge Composite Technologies, Inc.

Valley Forge Composite Technologies, Inc. and its wholly-owned subsidiaries are developers, manufacturers and worldwide distributors of next- generation detection and aerospace systems.

Valley Forge Detection Systems, Inc. is "ready to go" with LOKI and continues developing THOR LVX, an Advanced Explosives Detection System capable of penetrating all shielding to detect and identify explosives, nuclear material, narcotics and chemical and biological agents. It uses photonuclear gamma ray technology to identify substances at the molecular level. Expected markets include airports, seaports, cargo terminals and border crossings.

Valley Forge Imaging, Inc. offers the ODIN Personnel Screening System, which may be used in any market requiring personnel screening such as airports, schools, government buildings, sporting events, and passenger ferry terminals. It allows screeners to detect items such as explosives, weapons, narcotics, gemstones, bundled currency and ingested items at a rate of approximately 720 persons per hour without the need to remove coats, shoes or personal belongings.

Valley Forge Aerospace, Inc. brings cutting-edge components and customized solutions to the aerospace industry such as specialized, prototype Attitude Control Instruments.

Valley Forge Emerging Technologies, Inc. exists to develop and commercialize other unique and innovative technologies.

For more information on Valley Forge and its products, visit the corporate website: http://www.vlyf.com/.

Forward Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. Statements in this press release that relate to Valley Forge Composite Technologies, Inc.'s future plans, objectives, expectations, performance, events, reports made by others, and the like, including a statement about the assumptions underlying a forward-looking statement, are forward-looking statements protected by the safe harbor. Investors should understand that future events, risks and uncertainties, individually or in the aggregate, are factors that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. These factors could include changes in economic conditions or government policies that may change the demand for the Company's products and services and could include other factors discussed in the sections of the Company's report on Form 10-KSB for the year ended December 31, 2006 as filed with the U.S. Securities and Exchange Commission, entitled "Description of Business" or "Management's Discussion and Analysis or Plan of Operation." This release is comprised of interrelated information that must be interpreted in the context of all of the information provided and care should be exercised not to consider portions of this release out of context. Valley Forge Composite Technologies, Inc. uses paid services of investor relations organizations to promote the Company to the investment community. Investments in the Company should be considered speculative, and, prior to acquisition, should be thoroughly researched. Valley Forge Composite Technologies, Inc. does not intend to update these forward-looking statements prior to its reporting of its quarterly or annual results.

Contact Information: Katie Robertson, Investor Relations Valley Forge Composite Technologies, Inc. 50 E. River Center Blvd. Suite 820 Covington, KY 41011 Tel. 859-581-5111 Fax 859-581-5116 or info@vlyf.com

Valley Forge Composite Technologies, Inc.

CONTACT: Katie Robertson, Investor Relations of Valley Forge Composite
Technologies, Inc., +1-859-581-5111, or Fax: +1-859-581-5116, or
info@vlyf.com

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

AT&T Joins Microsoft Partner Solutions CenterFacility Offers Location for AT&T to Demonstrate Mobility Expertise and Technologies

DALLAS, July 15 /PRNewswire-FirstCall/ -- AT&T has joined the Microsoft Partner Solutions Center (MPSC) as a vehicle to demonstrate its mobility expertise and technologies to Microsoft Corp. and other enterprise customers.

AT&T Inc. announced today that by joining the MPSC, AT&T will be able to develop and demonstrate its solutions in the MPSC briefing centers and will have the ability to provide on-site customer briefings, design sessions, proof of concept engagements and training -- all of which can be customized for specific customer needs. Through the unique resources offered by the MPSC, information about AT&T's wireless services will be available to people around the world.

AT&T's involvement with the MPSC enables Microsoft's multiple lines of businesses and customers to test out applications that are being wirelessly enabled over the entire suite of Windows Mobile 6.0 and Windows Mobile 6.1 devices, such as Mobile Device Manager, TeleNav Track, Wi-Fi and simultaneous voice and data using Windows Mobile 6 with tethering.

AT&T also maintains a full-service retail store in the MPSC that allows Microsoft campus employees easy access to the latest Windows Mobile-based phones, accessories and services.

"The Microsoft Partner Solutions Center (MPSC) enables partners like AT&T to showcase their next-generation services while testing these cutting-edge applications in a secure environment," said David Hayes, Director MPSC. "We have invested in the MPSC to enable tighter integration between our partner's offerings and Microsoft software plus services so we're excited about this opportunity for AT&T to collaborate with various entities within Microsoft as well as with our partners and customers."

"The Microsoft Partner Solutions Center is a facility where we can work closely with Microsoft to demonstrate our innovative wireless services and solutions portfolio to enterprise customers," said Carolyn Billings, director-Product Marketing Management, AT&T. "In addition, our sales teams can work with Microsoft to provide customers with detailed information on what our services provide."

The MPSC is a 21,000-square-foot facility located in building 25 on the Redmond, Wash., campus of Microsoft and features state-of-the-art scalable Hyper-V technology laboratories, partner showcase labs, an executive technology briefing room and partner offices for building, testing and designing superior network solutions that focus on delivering greater availability to revenue-centric, network-based applications and services. The center is designed to engage customers through executive briefings, technology demonstrations, architectural design sessions, proof-of-concepts, training sessions and custom engagements.

For more information on AT&T's wireless services, please visit http://www.business.att.com/enterprise/exchange_category/Topic/mobility/

About AT&T

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

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

AT&T Inc.

CONTACT: Melissa Mirabile, +1-212-453-2327, Mobile, +1-914-841-5180,
mmirabile@attnews.us, for AT&T; or Janet Wyles of AT&T, +1-908-234-6067,
Mobile, +1-732-331-6754, wyles@att.com

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

Capital Cargo Selects Pratt & Whitney Global Service Partners for Line Maintenance

FARNBOROUGH, England, July 15 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- Capital Cargo International Airlines, a global airport-to-airport freight transporter, has selected Pratt & Whitney Global Service Partners for a five-year, Line Maintenance Services agreement. Pratt & Whitney is a United Technologies Corp. company.

The agreement covers specific as well as any other on-condition Line Maintenance Services that Capital Cargo International Airlines may require for entry into service aircraft, as well as future owned or leased Boeing 757 planes in Capital Cargo's fleet.

"Capital Cargo International Airlines looks forward to continued excellent customer support from Pratt & Whitney with our newest fleet type," said Al Snyder, director of maintenance, Capital Cargo International Airlines.

Capital Cargo International Airlines is a B727 and B757 F.A.R. 121 Supplemental Air Carrier based in Orlando, Florida, that operates 14 B727 aircraft and has recently added a B757 to its fleet, which provides ACMI (Aircraft, Crew, Maintenance, and Insurance) for airport-to-airport freight transportation services to domestic and international clients.

Capital Cargo's focus is to remain highly service oriented and capable of adapting quickly to the needs of its customers allowing crews and aircraft to be deployed quickly and be highly responsive to schedule and load changes and routing demands.

"Pratt & Whitney's worldwide network is one of the industry's largest, which allows for the responsiveness and flexibility that Capital Cargo requires for its business model," said Joanne Hastings, director, Line Maintenance Services, Pratt & Whitney Global Service Partners. "We can deploy skilled technicians from points around the globe who can tap into our strong engineering talent and 80 plus years of jet engine manufacturing experience."

Pratt & Whitney Global Service Partners is a total service provider for engines made by Pratt & Whitney, International Aero Engines, General Electric, Rolls-Royce and CFMI. In addition to engine overhaul and repair services, GSP provides customers with improved engine performance and increased asset value through a portfolio of services including line maintenance, engine monitoring and diagnostics, environmentally friendly on-wing water washes, leased engines, custom engine service programs, and new and repaired parts.

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

Greg Brostowicz Jennifer Whitlow Pratt & Whitney Global Service Partners Pratt & Whitney 860.565.1655 860.214.5595 gregory.brostowicz@pw.utc.com jennifer.whitlow@pw.utc.com

Pratt & Whitney

CONTACT: Greg Brostowicz of Pratt & Whitney Global Service Partners,
+1-860-565-1655, gregory.brostowicz@pw.utc.com, or Jennifer Whitlow of Pratt &
Whitney, +1-860-214-5595, jennifer.whitlow@pw.utc.com

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

Pratt & Whitney Global Material Solutions Program on Track for Part Certifications

FARNBOROUGH, England, July 15 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- Pratt & Whitney Global Material Solutions (GMS), a strategic initiative that offers customers choice and value with new alternative materials for CFM56(R) engines, recently received U.S. Federal Aviation Administration (FAA) certification for all 19 GMS life limited parts and two gas path parts for CFM56-3 engines; the remaining parts are on track to receive certification. The first certified GMS life limited part has been installed in a customer engine and is expected to enter service later this month. Pratt & Whitney is a United Technologies Corp. company.

"Our customers have strong competition in their own industries, so they are thrilled with the availability of our OEM-quality alternative," says Matthew Bromberg, vice president and general manager of Global Material Solutions.

Each GMS life limited part is certified under a Supplemental Type Certificate (STC). The FAA's STC process requires an applicant to meet all regulations required of a type certificate holder, and each life limited part is certified with FAA Chapter 5 life limits equal to the original type certificate holder. The GMS STC approvals are the first FAA certifications ever granted for alternative life limited engine parts.

The European Aviation Safety Agency (EASA) and the General Administration of Civil Aviation of China (CAAC) STC validation processes have been initiated for the GMS life limited parts. Pratt & Whitney anticipates approval from both agencies by year-end.

Global Material Solutions, publicly launched in February 2006, has three launch customers: United Airlines in the U.S., Jet2.com in Europe and an undisclosed airline in China. In addition, the GMS MRO network includes Pratt & Whitney's Norway Engine Center, United Services and JAT Tehnika in Europe.

CFM and CFM56 are trademarks of CFM International. Katy Padgett Jennifer Whitlow Pratt & Whitney Global Material Solutions Pratt & Whitney +1.860.565.3433 Int'l Mobile: +1.860.214.7502 kathleen.padgett@pw.utc.com jennifer.whitlow@pw.utc.com

Pratt & Whitney

CONTACT: Katy Padgett of Pratt & Whitney Global Material Solutions,
+1-860-565-3433, kathleen.padgett@pw.utc.com, or Jennifer Whitlow of Pratt &
Whitney, Int'l Mobile: +1-860-214-7502, jennifer.whitlow@pw.utc.com

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

Pratt & Whitney Wins US$100 Million Engine Order from TAM Linhas Aereas

FARNBOROUGH, England, July 15 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- TAM Linhas Aereas has selected Pratt & Whitney PW4000-100" engines to power two new Airbus A330 aircraft in a deal valued at more than US$100 million. The contract includes installed and spare engines for two firm A330-200 aircraft and a 12-year service agreement provided by Pratt & Whitney Global Service Partners. Pratt & Whitney is a division of United Technologies Corp. .

"In a time of soaring fuel prices and growing environmental pressures, the Pratt & Whitney PW4000 engine with the Advantage70(TM) technology upgrade provides excellent fuel efficiency and low maintenance costs for our new A330 aircraft," said David Barioni Neto, president and CEO, TAM Linhas Aereas, S.A. "As a long-time customer of Pratt & Whitney, we are happy to continue our relationship with this new order."

This new order for PW4000 engines is in addition to an order for engines to power six new A330 aircraft that was announced last year. Sao Paulo-based TAM Airline currently operates seven A330s with Pratt & Whitney PW4168A model engines.

"TAM is a market leader in South America and we are excited to have the opportunity to continue our partnership by powering their long-haul fleet expansion," said Todd Kallman, president of Pratt & Whitney Commercial Engines. "We are proud that TAM continues to show confidence in Pratt & Whitney engines as demonstrated by this follow on order for the PW4000-100" engine."

The PW4170 model engines with Advantage70 technology will bring improved environmental and economic performance for the A330 family of aircraft. The Advantage70 technology upgrade delivers enhanced engine performance, lower fuel consumption, increased durability and reduced maintenance costs.

Pratt & Whitney has over 16,000 aircraft engines installed with hundreds of airlines around the world. Additionally, Pratt & Whitney is a leading partner in two joint venture companies that manufacture commercial aircraft engines: International Aero Engines, which makes the V2500 for the Airbus A320 family of aircraft, and the Engine Alliance, whose GP7200 engine is FAR 33 certified for the new Airbus A380.

This release includes "forward looking statements" concerning anticipated business opportunities that are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements include changes in the health of the global economy and the aerospace industry. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's 10-K, 10-Q and other reports filed with the SEC.

Matthew Perra Jennifer Whitlow Pratt & Whitney Commercial Engines Pratt & Whitney Int'l Mobile: +1.860.595.6515 Int'l Mobile: +1.860.214.7502 matthew.perra@pw.utc.com jennifer.whitlow@pw.utc.com

Pratt & Whitney

CONTACT: Matthew Perra, Pratt & Whitney Commercial Engines, Int'l
Mobile: +1-860-595-6515, matthew.perra@pw.utc.com, or Jennifer Whitlow of
Pratt & Whitney, Int'l Mobile: +1-860-214-7502, jennifer.whitlow@pw.utc.com

Web site: http://www.pratt-whitney.com/
http://www.farnborough.com/intro.aspx

ACS Unveils Updated Court Case Management Software

DALLAS, July 15 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc. today introduced a new version of AgileCourt(TM), its rules-based innovative court case management software. AgileCourt is part of a suite of products aimed at providing easy-to-use, flexible solutions to help judiciaries automate and manage court proceedings.

ACS will demonstrate AgileCourt 2.0 on July 16 at the National Association of Court Management (NACM) conference in Anaheim, Calif.

"This new release of AgileCourt software demonstrates ACS' continued commitment to delivering industry-leading, flexible and innovative solutions for the justice system," said Louis Schiavone, ACS vice president of Public Safety and Justice Systems. "We realize that the ever-changing nature of court operations requires sophisticated court management software that's highly adaptable and cost effective -- AgileCourt 2.0 is uniquely positioned to do just that."

The new version features integrated content management and reporting capabilities along with expanded support of National Center for State Courts (NCSC), the Conference of State Court Administrators (COSCA) and the NACM court case management standards. These new features coupled with an industry-leading business rule engine and platform independent architecture gives courts a new level of flexibility in terms of managing their court operations and maximizing their technology investment.

AgileCourt was originally introduced in July 2007 as a business rules-based software system that helped courts better manage and automate rules set by regulation, policy or other sources, making it easier and less costly to sort and manage court documents and cases.

About ACS

ACS serves approximately 1,000 courts nationwide with a variety of justice solutions. The company offers extensive local and statewide court system implementation experience, including data conversion, mitigating service interruption risk. With more than 15 years experience serving justice clients, ACS has the ability to integrate complementary solutions, from court case management to payment processing and collections.

ACS, a global FORTUNE 500 company with 63,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs-inc.com/.

Affiliated Computer Services, Inc.

CONTACT: Investors, Jon Puckett, Vice President, Investor Relations,
+1-214-841-8281, jon.puckett@acs-inc.com, or Media, Lacey Hautzinger, Manager,
Corporate Communications, +1-214-841-8004, lacey.hautzinger@acs-inc.com, both
of Affiliated Computer Services, Inc.

Web site: http://www.acs-inc.com/

Newest, smallest, Sierra Wireless USB modem now available to Canadians from TELUSSierra Wireless Compass(TM) 597 USB modem combines mobile broadband connectivity, storage and user-friendly features into small, sleek design

VANCOUVER, July 15 /PRNewswire-FirstCall/ -- Sierra Wireless today announced that the Compass(TM) 597 USB modem is now available in Canada from TELUS. The Compass 597 USB modem provides TELUS customers with access to wireless high-speed Internet in a small, cleanly designed USB stick that slips easily into a pocket.

The Sierra Wireless Compass 597 USB Modem gets customers connected to the TELUS Mobile Broadband network quickly and easily, with TRU-Install(TM) software installation for both Mac and PC users. Installation is as simple as plugging the modem into the USB slot and stepping through the process, with no extra CD or downloads required. With download speeds averaging between 450 to 800 kilobits per second (kbps) and upload speeds averaging 300 to 400 kbps on the TELUS high speed wireless network, users only need a few seconds to send a presentation to a client, download large email attachments, or upload a photo to share from anywhere within the coverage area. The TELUS network (inclusive of data roaming) reaches 5.6 million wireless subscribers.

"The Compass 597 USB Modem is TELUS' newest and smallest modem available and provides seamless access to our high-speed EvDO Rev A wireless network faster and easier than ever," said Stephen Ospalak, vice-president of mobile and Future Friendly Home devices at TELUS. "Sierra Wireless designed a great looking and useful tool for clients on-the-go, and with the inclusion of a microSD card slot for convenient file storage, they will enjoy the smoothest digital experience they can get on our EvDo Rev A network, Canada's largest high-speed network(x)."

"With its small size, appealing design, and user-friendly installation and activation features, the Compass 597 USB Modem has a lot to offer TELUS customers looking for a simple way to stay linked in to their business and personal networks," said Dan Schieler, senior vice president, Worldwide Sales, for Sierra Wireless. "Users can depend on the Compass 597 for reliable connections and quick transfer speeds so they can work efficiently without the need to hunt for hotspots."

Sierra Wireless Compass 597 USB Modem - TRU-Install software installation technology steps first-time users through quick installation of the drivers and full software client directly from the modem, with no CD required - microSD card slot provides convenient storage and file transfer capabilities - Convenient, flexible usage options, with an external antenna connector for users working in remote or network fringe areas, and a lanyard loop to allow the modem to be clipped to the inside of a bag - Optimizes power management so less power is used when not required, to reduce host PC battery drain

The Sierra Wireless Compass 597 USB Modem is available from TELUS for as little as $99.99 on a three-year contract or $299.99 without a contract. For more information about TELUS products and services, please visit http://www.telusmobility.com/.

For more information about the Sierra Wireless Compass 597 USB Modem please visit http://www.sierrawireless.com/product/compass_597.aspx. To contact the Sierra Wireless Sales Desk, call +1 (604) 232-1488 or e-mail sales@sierrawireless.com.

(x) Not available in all areas Note to editors: ----------------

To view and download images of Sierra Wireless products, please visit http://www.sierrawireless.com/product/photos.aspx.

About TELUS

TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications company in Canada, with $9.2 billion of annual revenue and 11.2 million customer connections including 5.6 million wireless subscribers, 4.4 million wireline network access lines and 1.2 million Internet subscribers. TELUS provides a wide range of communications products and services including data, Internet protocol (IP), voice, entertainment and video. In support of our philosophy to give where we live, TELUS, our team members and alumni have contributed $113 million to charitable and not-for-profit organizations and volunteered more than 2.1 million hours of service to local communities since 2000. Eight TELUS Community Boards across Canada lead our local philanthropic initiatives. For more information about TELUS, please visit telus.com.

About Sierra Wireless

Sierra Wireless modems and software connect people and systems to mobile broadband networks around the world. The Company offers a diverse product portfolio addressing enterprise, consumer, original equipment manufacturer, specialized vertical industry, and machine-to-machine markets, and provides professional services to customers requiring expertise in wireless design, integration, and carrier certification. For more information about Sierra Wireless, visit http://www.sierrawireless.com/.

"Compass" is a trademark of Sierra Wireless. Other product or service names mentioned herein may be the trademarks of their respective owners.

Sierra Wireless Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply conditions, channel and end customer demand conditions, revenues, gross margins, operating expenses, profits, and other expectations, intentions, and plans contained in this press release that are not historical fact. Our expectations regarding future revenues and earnings depend in part upon our ability to successfully develop, manufacture, and supply products that we do not produce today and that meet defined specifications. When used in this press release, the words "plan", "expect", "believe", and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in the wireless data communications market. In light of the many risks and uncertainties surrounding the wireless data communications market, you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized.

CONTACT: Sharlene Myers, Sierra Wireless, Phone: (604) 232-1445, Email: smyers@sierrawireless.com; AJ Gratton, TELUS Media Relations, Phone: (416) 279-8522, Email: aj.gratton@telus.com

Sierra Wireless, Inc.

CONTACT: Sharlene Myers, Sierra Wireless, Phone: (604) 232-1445, Email:
smyers@sierrawireless.com; AJ Gratton, TELUS Media Relations, Phone: (416)
279-8522, Email: aj.gratton@telus.com

Atari Serves Up 'What's Cooking? With Jamie Oliver'- Atari to Bring Renowned Cook Jamie Oliver and His Delicious, Creative Cooking to Nintendo DS in October 2008 -

NEW YORK, July 15 /PRNewswire-FirstCall/ -- Atari serves up a treat with the announcement of What's Cooking? with Jamie Oliver, the first video game to feature international cooking star Jamie Oliver and his delicious, world-renowned recipes, scheduled for release exclusively on Nintendo DS(TM) for Christmas 2008. What's Cooking? with Jamie Oliver walks players through virtual and real-life cooking situations, from shopping to chopping, dressing the dish to serving up meals. The portability of Nintendo DS means Jamie Oliver is with you every step of the way to offer help and inspiration at the supermarket, in the kitchen, on the barbecue or wherever you feel like cooking up a storm.

Try your hand at some delicious real cooking with the interactive cookbook, stuffed with 100 original Jamie Oliver recipes, mouth-watering photography by David Loftus of the quality we've come to expect from Jamie's books, and featuring voice recognition leaving hands free to concentrate on the cooking. The interactive shopping list automatically saves ingredients from chosen recipes (either Jamie Oliver's or your own creations) and organises them by food type making trips to the supermarket a breeze. You can add any other items you want to the list using the keypad or text recognition.

In the spirit of Jamie Oliver's books and TV shows, the creative mode encourages players to use hundreds of hand-picked ingredients to create their own dishes. Up to 100 of your own unique recipes can be saved on the Nintendo DS to be recreated in the kitchen later and shared with friends and family using the Nintendo(R) Wi-Fi Connection.

The cooking games offer fun for everyone with a series of recipe challenges using the stylus to chop, stir and serve in a variety of virtual real-time 3D kitchen settings. Challenge your friends and family to a cook-off or beat the clock, all the while keeping quality and taste in mind on your way to becoming a top chef.

"I really want to get as many people as I can cooking simple, tasty food, so I'm really excited about bringing a book's worth of my recipes to a game for the first time," said Jamie Oliver. "You can cook my recipes for real at home or in the game's 3D kitchens, but what's brilliant is that you can come up with your own recipes then share them with your mates and family over wi-fi. Lovely."

"What's Cooking? with Jamie Oliver will be the most complete cooking game and it's great to have Jamie Oliver on board with his wholesome recipes and passion for life," said Cyril Voiron, VP Brand Management, Worldwide Publishing, Atari. "What's Cooking? with Jamie Oliver is a great game for Nintendo DS as it appeals to players of all ages within the family, be it the everyday adult cook or the budding child chef, which is a perfect fit with Nintendo's phenomenal DS audience."

What's Cooking? with Jamie Oliver is scheduled for release across North America in October 2008. For information on Jamie Oliver, please visit his official website at http://www.jamieoliver.com/.

Jamie Oliver is a phenomenon in the world of food. He is one of the world's best-loved television personalities and one of Britain's most famous exports. Since beginning his TV career in 1998 as the Naked Chef he has sold over 17 million books worldwide and his shows are now aired in more than 50 countries. Not only that but Jamie is also the founder of The Fifteen Foundation, a charity dedicated to giving young people a chance to turn their lives around by training to become chefs in four Fifteen restaurants around the world, London, Amsterdam, Cornwall and Melbourne. Over 100 students have now graduated. In 2004 his documentary "Jamie's School Dinners" highlighted the poor quality of food served in canteens and as a result of Jamie's "Feed Me Better" campaign the government pledged 480 million pounds Sterling to address the problems and provide schools with essential equipment and training for staff. Jamie lives in London and Essex with his wife, Jools, and two daughters, Poppy and Daisy.

About Atari, Inc.

One of the world's most recognized brands, New York-based Atari, Inc. is a third-party publisher and distributor of interactive entertainment software in the U.S. The Company's 1,000+ titles include hard-core, genre-defining franchises such as Test Drive(R) and mass-market and children's franchises such as Dragon Ball Z(R). Atari, Inc. is a majority-owned subsidiary of France-based Infogrames Entertainment SA (Euronext - ISIN: FR-0000052573), the largest interactive games publisher in Europe. For more information, visit http://www.atari.com/ .

Safe Harbor Statement

With the exception of the historical information contained in this release, the matters described herein contain certain "forward-looking statements" that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and assumptions and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements. Actual results may vary materially from those expressed or implied by the statements herein. Some of the factors which could cause our results to differ materially include the following: the loss of key customers; delays in product development and related product release schedules; inability to secure capital; adapting to the rapidly changing industry technology, including new console technology; maintaining relationships with leading independent video game software developers; loss of our credit facilities; maintaining or acquiring licenses to intellectual property; fluctuations in the Company's quarterly net revenues and results of operations based on the seasonality of our industry; the termination or modification of our agreements with hardware manufacturers; and other factors described in our SEC filings.

The Company undertakes no duty to update any forward-looking statements to conform the statement to actual results or changes in the Company's expectations.

All other trademarks are the property of their respective owners.

Atari, Inc.

CONTACT: Alissa Bell of Atari, Inc., +1-212-726-4217, or
alissa.bell@atari.com; or Sujata Sinha, sujata_sinha@dkcnews.com; or Debra
Duffy, debra_duffy@dkcnews.com, both of Dan Klores Communications for Atari,
Inc.

Web site: http://www.atari.com/
http://www.jamieoliver.com/

Density Dynamics Appoints David Wilkerson CTO

WASHINGTON, July 15 /PRNewswire/ -- Density Dynamics Corp. (DDC), a majority-owned subsidiary of Speedus Corp. , has appointed David Wilkerson as Chief Technology Officer to oversee the continuing development of its environmentally friendly, high efficiency solid-state storage and I/O acceleration technology. The DDC product line is among the most energy efficient in the world, responding directly to the energy use problems identified by the computer industry as the Data Center Energy Crises (http://www-03.ibm.com/press/us/en/pressrelease/24395.wss).

"DDC represents an opportunity to develop cutting edge products that reduce IT energy consumption and accelerate data network performance. We plan to have production up quickly, delivering products to customers this summer, and then begin extending the technology into other form factors and other operating niches," said Wilkerson.

Dave brings more than 27 years of experience to DDC with an engineering foundation in a wide range of technologies, including storage technologies, satellite communications, and data networking.

Dave spent 20 years of his career at Hughes Network Systems (HNS) in jobs ranging from design engineer to Director of R&D to Vice President. In addition to HNS, Dave worked at Texas Instruments, Orion Network Systems, Nortel Networks, and Hatteras Networks and consulted widely on new technology development in the communications and computing markets.

About Density Dynamics.

Density Dynamics Corp., a majority-owned subsidiary of Speedus Corp., is located in Washington, DC. DDC is a green technology company. Its high performance solid-state storage and computing devices are some of the most environmentally friendly in the world. DDC can be found on the web at http://www.densitydynamics.com/.

About Speedus Corp.

Additional information on Speedus Corp. may be obtained at http://www.speedus.com/ or by contacting Peter Hodge at 888-773-3669 (ext. 23) or phodge@speedus.com

Statements contained herein that are not historical facts, including but not limited to statements about the Company's product, corporate identity and focus, may be forward-looking statements that are subject to a variety of risks and uncertainties. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company, including, but not limited to, the continuing development of the Company's sales, marketing and support efforts.

Density Dynamics Corp.

CONTACT: Peter Hodge of Density Dynamics Corp., 1-888-773-3669, ext. 23,
phodge@speedus.com

Web site: http://www.densitydynamics.com/
http://www.speedus.com/

Raytheon's Tactical Control System Is the First Conforming NATO Standard Unmanned Ground Control SystemAchieving standard enables seamless unmanned ground system interoperability

FALLS CHURCH, Va., July 15, 2008 /PRNewswire/ -- Raytheon Company's Tactical Control System has been certified as the first NATO standard unmanned ground control system. An industry first, it is the only ground system conforming to the NATO STANAG (Standardization Agreement) 4586 standard for the U.S. Navy Tactical Control System (TCS).

NATO ratified the STANAG 4586 standard, enabling allied nations to share information from unmanned aircraft through a common ground control system. NATO-compliant aircraft are equipped to translate information into standard message formats, and information received from other compliant aircraft can be transferred into vehicle-specific formats for seamless interoperability.

"This is a significant first for the unmanned aircraft system technology community and the Navy," said Mark Bigham, director of business development for Raytheon's Tactical Intelligence Systems unit. "For more than 40 years, Raytheon has been at the forefront of developing the latest unmanned ground systems for our customers, and we have incorporated that heritage into the TCS system."

TCS provides the Navy with an advanced ground system that can control two dissimilar air vehicles. The Navy's MQ-8B Fire Scout by Northrop Grumman will be the first air vehicle to use this STANAG 4586-conforming software. The control system consists of mission planning, command and control, data processing and dissemination capabilities for operation of the full range of tactical unmanned aircraft systems.

"Proving an open user interface enables the unmanned aircraft system operator, trained on one system, to control different types of UAS payloads with minimal additional training," Bigham said. "TCS also has a 'plug-and- play' capability that allows for seamless integration."

TCS provides operators with all the necessary tools for communication mission tasking, planning, execution, data receipt, data processing, limited data exploitation and data dissemination.

Based in Garland, Texas, Raytheon IIS is a leading provider of information and intelligence solutions to the government. IIS had 2007 annual revenues of approximately $2.7 billion and employs more than 9,000 engineering and technical professionals worldwide.

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 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.

Contact: Keith Little 703.608.4230 mobile KDLittle@raytheon.com

Raytheon Company

CONTACT: Keith Little, Raytheon Company, +1-703-608-4230 mobile,
KDLittle@raytheon.com

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

Raytheon Leads Team Bidding on Indian Satellite-Based Navigation System

WASHINGTON, July 15, 2008 /PRNewswire/ -- Raytheon Company is leading a team to deliver a comprehensive solution for the Indian Space Research Organization and Airports Authority of India global navigation satellite systems.

This will complete the final phase of the Global Positioning Satellite-Aided Geosynchronous Augmented Navigation System, or GAGAN.

GAGAN will provide satellite-based navigation for civil aviation across South and East Asia, which will provide India with the most accurate, flexible and efficient air navigation system deployed.

"We look forward to continuing our collaborative relationship with ISRO and AAI during this critical phase of GAGAN," said Andy Zogg, Raytheon vice president of Airspace Management and Homeland Security. "We are committed to a thorough transfer of knowledge of the GAGAN system to further enhance India's leadership position in air navigation."

The Raytheon team will leverage the experience it gained during the past several years in deploying the technology demonstration system phase of GAGAN.

The GAGAN design is based on the experience gained delivering the only certified space-based augmentation systems. For instance, the Wide Area Augmentation System was certified by the Federal Aviation Administration in July 2003, and the MTSAT Satellite Augmentation System was certified by the Japanese Civil Aviation Bureau in September 2007.

Team members are Accord Software and Systems, Pvt. Ltd. of Bangalore, India, for GPS-based user receiver prototype development optimized for the equatorial region; Elcome Technologies, Pvt. Ltd. of Gurgaon, India, for logistical and on-site support; and Naverus, Inc., of Kent, Washington, for performance-based navigation route design, procedure flight validation and other related services.

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.

Contact: Ginny McAdams 703.284.4412 gmcadams@raytheon.com

Raytheon Company

Contact: Ginny McAdams of Raytheon Company, +1-703-284-4412,
gmcadams@raytheon.com

TI battery charger achieves faster, cooler charging in mobile phones, portable electronics3-MHz, I2C programmable switch-mode Li-Ion charger with USB OTG support minimizes power dissipation, cuts board space in half

DALLAS, July 15 /PRNewswire/ -- Texas Instruments Incorporated (TI) introduced today a 3-MHz, switch-mode battery charge management integrated circuit (IC) for portable electronics that can be charged from an adaptor or a USB port. The tiny 2 mm x 2 mm switching charger, the bq24150, significantly improves charge time, reduces power dissipation and cuts board space in half compared to typical implementation with linear chargers. See: http://www.ti.com/bq24150-pr.

"USB charging continues to grow in popularity, primarily driven by the standardization of a mini-USB 5-V connector interface, the reduction of use of inefficient AC/DC adapters and fuelled by new Chinese charging specifications," said Masoud Beheshti, manager of TI's battery charge management products. "With billions of USB power ports installed in portable devices worldwide, incorporating TI's new high-efficiency switching charger not only allows the ability to quickly re-charge a battery from a USB port, it significantly reduces the amount of heat dissipation when charging -- potentially saving consumers millions of watts per year."

TI's bq24150 device with integrated 1.25-A FETs is the industry's smallest I2C programmable buck-charger solution, providing maximum battery charging performance and design flexibility in USB powered applications, such as smart phones, portable media players or other consumer electronics. The 3-MHz charger only requires the use of a tiny 1-uH inductor and small ceramic capacitors, resulting in a solution size of 7.6 mm x 10.4 mm. The bq24150 also features a reverse boost USB On-the-Go (OTG) mode that generates a voltage supply to power accessories that are plugged into a mini-USB port, eliminating the need for another discrete device.

The bq24150 fully complies with USB charging standards. The device can achieve high peak-efficiency of up to 92 percent, while supporting a USB battery charging current up to 900 mA. This speeds the charging rate without exceeding the 500-mA input current limit mandated by the USB standard. In addition, the bq24150 significantly reduces power dissipation, as compared to linear charging, making it ideal for high-performance, ultra-space constraint applications.

The device's USB-friendly boot-up sequence allows the charge IC to boot autonomously, which helps replenish deeply discharged batteries. In addition, the bq24150 features input current sensing and offers multiple programmable charge parameters through an I2C communications interface.

Key technical features of the bq24150:

-- USB-compliant mini-USB/AC adapter battery charger with reverse boost-mode operation for USB OTG 5-V Vbus generation

-- Synchronous pulse-width modulation (PWM) with 3-MHz switching frequency -- High efficiency conversion: 92-percent peak efficiency

-- Smallest switch-mode charging solution: 2 mm x 2 mm package, 1-uH chip inductor and low-value ceramic capacitors

-- Maximum input voltage of 20 V (absolute max), 6 V (operation)

-- +/-5-percent input current limit accuracy, +/-0.5-percent voltage regulation accuracy

-- Programmable charge parameters through I2C communication interface (up to 3.4 Mbps)

-- Safety timer with reset control -- Short-circuit, over-voltage and thermal protection Pricing and Availability

The bq24150 charger is available in volume today from TI and its authorized distributors. The device comes in a 20-ball, 2 mm x 2 mm chip-scale package. Suggested resale pricing in 1,000-piece quantities is $2.00. Evaluation modules of the bq24150, design application notes and TI's easy-to-use online power management selection tool are available through power.ti.com.

About Texas Instruments

Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 25 countries. For more information, go to http://www.ti.com/.

Please refer all reader inquiries to: Texas Instruments Incorporated Semiconductor Group, SC-08094 Literature Response Center 14950 FAA Blvd. Fort Worth, TX 76155 1-800-477-8924 Trademarks

All registered trademarks and other trademarks belong to their respective owners.

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PRN Photo Desk, photodesk@prnewswire.com Texas Instruments Incorporated

CONTACT: Matt McKinney of Texas Instruments, +1-214-480-6894,
m-mckinney1@ti.com; or Jacqi Moore of Golin|Harris, +1-972-341-2514,
jmoore@golinharris.com, for Texas Instruments Incorporated

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