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Companies news of 2008-07-22 (page 1)

  • California Micro Devices Reports June Quarter Financial Results
  • Aehr Test Systems Reports 32% Increase in Net Sales for Fourth Quarter Fiscal 2008
  • ANADIGICS Announces Second Quarter 2008 ResultsAchieves Record Quarterly Net Sales of...
  • Blackboard Inc. Announces Second Quarter 2008 Conference Call
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    California Micro Devices Reports June Quarter Financial Results

    MILPITAS, Calif., July 22 /PRNewswire-FirstCall/ -- California Micro Devices today announced financial results for the first quarter of fiscal 2009, which ended June 30, 2008. Revenue increased to $14.1 million from $13.1 million a year ago while EPS on a GAAP basis was ($0.04) compared to ($0.05) a year ago. On a non-GAAP basis, EPS was ($0.02) compared to ($0.02) a year ago and, for purposes of this release, was calculated excluding Arques Technology acquisition costs and employee stock-based compensation expenses and using a cash basis tax rate. The company noted that GAAP financial results met guidance at the low end, while non-GAAP EPS was below guidance by $0.01.

    "We were pleased to see our revenue grow year on year for the first time in almost two years," said Robert V. Dickinson, president and chief executive officer. "Furthermore, while our revenue increased by eight percent compared to the first quarter of last year, bookings increased by 22 percent year on year." He also noted that the book-to-bill ratio for the quarter was 1.06 and that the starting backlog for the current quarter was the highest in almost two years.

    Providing September quarter guidance, the company expects revenue between $15.0 and $17.5 million with diluted EPS of between ($0.07) and ($0.04) on a GAAP basis, and between ($0.04) and ($0.01) on a non-GAAP basis.

    Live Webcast with Presentation Slides

    California Micro Devices will hold a conference call today at 2:00 p.m. Pacific Time to discuss its financial results. The conference call may be accessed via live webcast (streaming audio accompanied by presentation slides) by connecting to the company's Investor Relations link at http://www.cmd.com/. The call may also be accessed by phone within the USA by dialing 800-218-0204. International parties may gain access by dialing 303-262-2130. No password is necessary. A replay of the conference call will be available on the company's Investor Relations link at http://www.cmd.com/ beginning at approximately 4:00 p.m. Pacific Time on July 22, 2008 and continuing for one year.

    About California Micro Devices Corporation

    California Micro Devices Corporation is a leading supplier of application specific analog and mixed signal semiconductor products for the mobile handset, digital consumer electronics and personal computer markets. Key products include protection devices for mobile handsets, digital consumer electronics products such as digital TVs, and personal computers as well as analog and mixed signal ICs for mobile handset displays. Detailed corporate and product information may be accessed at http://www.cmd.com/.

    All statements contained in this press release that are not historical facts are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. They are not guarantees of future performance or events. Rather, they are based on current expectations, estimates, beliefs, assumptions, and goals and objectives and are subject to uncertainties that are difficult to predict. As a result, our actual results may differ materially from the statements made. Often such statements can be identified by their use of words such as will, intends, expects, plans, believes, anticipates, and estimates. Forward-looking statements made in this release include our expected revenues and GAAP and non-GAAP loss per share for the 2009 second fiscal quarter. These forward- looking statements are based upon our assumptions about and assessment of the future, which may or may not prove true, and involve a number of risks and uncertainties including, but not limited to whether our customers experience the demand we anticipate for their products based in part upon their input and our order backlog, whether the designed performance of our devices satisfies our customers' requirements so that they continue to design our devices into their products, whether our devices perform to their design specification, whether competitors introduce devices at lower prices than our devices causing price erosion and/or loss of market share for us, whether we encounter any difficulty in obtaining the requisite supply of quality product from our contract manufacturers, contract assemblers and test houses without interruption or unanticipated price increases, whether we are having success in our R&D programs so that we desire to continue spending at a heightened level, and whether we incur unexpected operating expenses as well as the risk factors detailed in the company's Form 8K, 10K, and 10Q filings with the Securities and Exchange Commission. Due to these and other risks, the company's future actual results could differ materially from those discussed above. These forward-looking statements speak only as to the date of this release, and, except as required by law, we undertake no obligation to publicly release updates or revisions to these statements whether as a result of new information, future events, or otherwise.

    In addition to disclosing financial results calculated in accordance with accounting principles generally accepted in the United States of America (GAAP), the company's earnings release contains non-GAAP financial measures that exclude the effects of employee share-based compensation and the requirements of SFAS No. 123R, "Share-based Payment" ("123R"). The non-GAAP financial measures used by management and disclosed by the company exclude the income statement effects of all forms of employee share-based compensation and the effects of 123R upon the number of diluted shares used in calculating non- GAAP earnings per share. The non-GAAP financial measures also exclude Arques Technology acquisition related costs, including amortization of acquisition- related intangibles and one-time charges during fiscal 2007 for acquired in- process research and development. In addition, these non-GAAP measures utilize a tax rate that is based upon the income taxes the company expects to actually pay relating to the activities and results for the relevant fiscal time period. The non-GAAP financial measures disclosed by the company should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. The non-GAAP financial measures used by the company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies. Set forth below are reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures. For additional information regarding these non-GAAP financial measures, see the Form 8-K dated July 22, 2008, that the company has filed with the Securities and Exchange Commission.

    California Micro Devices Corporation CONDENSED CONSOLIDATED BALANCE SHEETS (amounts in thousands, except share data) (Unaudited) June 30, March 31, 2008 2008 ASSETS Current assets: Cash and cash equivalents $42,693 $32,925 Short-term investments 9,373 18,671 Accounts receivable, net 5,480 6,155 Inventories 6,802 6,434 Deferred tax assets 1,508 1,508 Prepaid expenses and other current assets 1,101 1,188 Total current assets 66,957 66,881 Property, plant and equipment, net 5,118 5,596 Goodwill 5,258 5,258 Intangible assets, net 233 267 Other long-term assets 84 83 TOTAL ASSETS $77,650 $78,085 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $6,111 $6,120 Accrued liabilities 1,973 2,165 Deferred margin on shipments to distributors 1,803 1,904 Current maturities of capital lease obligations 132 132 Total current liabilities 10,019 10,321 Other long-term liabilities 338 350 Total liabilities 10,357 10,671 Commitments and contingencies Stockholders' equity: Preferred stock - 10,000,000 shares authorized; none issued and outstanding as of June 30, 2008 and March 31, 2008 - - Common stock and additional paid-in capital - $0.001 par value; 50,000,000 shares authorized; shares issued and outstanding: 23,408,920 and 23,302,274 as of June 30, 2008 and March 31, 2008, respectively 118,641 117,806 Accumulated other comprehensive income 10 48 Accumulated deficit (51,358) (50,440) Total stockholders' equity 67,293 67,414 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $77,650 $78,085 California Micro Devices Corporation CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (amounts in thousands, except per share data) (Unaudited) (On a GAAP basis) Three Months Ended June 30, 2008 2007 Net sales $14,099 $13,123 Cost of sales 9,355 9,036 Gross Margin 4,744 4,087 Operating expenses: Research and development 2,284 1,837 Selling, general and administrative 3,865 3,917 Amortization of intangible assets 34 41 Total operating expenses 6,183 5,795 Operating loss (1,439) (1,708) Other income, net 294 641 Loss before income taxes (1,145) (1,067) Income tax benefit (226) (11) Net loss $(919) $(1,056) Net loss per share-basic and diluted $(0.04) $(0.05) Weighted average common shares outstanding-basic and diluted 23,366 23,180 Reconciliation of net loss to non- GAAP net loss: Net loss $(919) $(1,056) Reconciling items: Amortization of intangible assets 34 41 Stock-based compensation expense under SFAS 123(R), net of tax 564 647 Difference between effective tax rate and cash basis tax rate (257) - Non-GAAP net loss $(578) $(368) Non-GAAP: Net loss per share-basic and diluted $(0.02) $(0.02) Shares used in calculation of non-GAAP: Weighted average common shares outstanding-basic and diluted 23,366 23,180 California Micro Devices Corporation CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (amounts in thousands, except per share data) (Unaudited) (On a non-GAAP basis) Three Months Ended June 30, 2008 2007 Net sales $14,099 $13,123 Cost of sales 9,275 8,942 Gross Margin 4,824 4,181 Operating expenses: Research and development 2,131 1,668 Selling, general and administrative 3,534 3,533 Total operating expenses 5,665 5,201 Operating loss (841) (1,020) Other income, net 294 641 Loss before income taxes (547) (379) Provision (benefit) for income taxes 31 (11) Net loss $(578) $(368) Net loss per share-basic and diluted $(0.02) $(0.02) Weighted average common shares outstanding-basic and diluted 23,366 23,180 See accompanying reconciliation of GAAP measures to non-GAAP measures. California Micro Devices Corporation RECONCILIATION OF GAAP MEASURES TO NON-GAAP MEASURES (Unaudited) Net loss per share: Three Months Ended June 30, 2008 2007 Basic and diluted: GAAP net loss per share $(0.04) $(0.05) Reconciling items: Amortization of intangible assets - - Stock-based compensation expense under SFAS 123(R), net of tax 0.03 0.03 Difference between effective tax rate and cash basis tax rate (0.01) - Non-GAAP net loss per share $(0.02) $(0.02)

    California Micro Devices Corporation

    CONTACT: Kevin Berry, Chief Financial Officer of California Micro
    Devices Corporation, +1-408-934-3144, kevinb@cmd.com

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




    Aehr Test Systems Reports 32% Increase in Net Sales for Fourth Quarter Fiscal 2008

    FREMONT, Calif., July 22 /PRNewswire-FirstCall/ -- Aehr Test Systems , a leading supplier of semiconductor test and burn-in equipment, today announced financial results for the fourth quarter and full fiscal year ended May 31, 2008.

    Net sales were $10.9 million in the fourth quarter of fiscal 2008, an increase of 32% from $8.3 million in the fourth quarter of fiscal 2007. Aehr Test reported net income of $6.5 million, or $0.74 per diluted share, in the fourth quarter of fiscal 2008, compared with net income of $919,000, or $0.11 per diluted share, in the fourth quarter of fiscal 2007. Net income for the fourth quarter of fiscal 2008 was positively impacted by a tax benefit of $4.6 million, or $0.53 per diluted share, related to the reversal of a valuation allowance against the Company's deferred tax assets, following a determination by management that certain deferred tax assets are more likely than not to be realizable in the future.

    Net income excluding stock compensation expense of $225,000 was $6.7 million, or $0.77 per diluted share, in the fourth quarter of fiscal 2008. In the same period of the prior fiscal year, net income excluding stock compensation expense of $172,000 was $1.1 million, or $0.13 per diluted share. The attached condensed consolidated financial statements include a table reconciling the Company's net income excluding stock compensation expense to net income calculated according to accounting principles generally accepted in the United States ("GAAP") for the three and 12 months ended May 31, 2008 and 2007.

    "We delivered another quarter of strong year-over-year revenue and earnings growth, driven primarily by shipments of custom designed WaferPak contactors for our growing installed base of FOX(TM)-1 full wafer parallel test systems, and acceptance of a FOX-15 wafer level burn-in system," said Rhea Posedel, chairman and chief executive officer of Aehr Test Systems.

    "We were pleased to announce the first order for our new Advanced Burn-In and Test System (ABTS) and the strategic partnership with Antares Advanced Test Technologies. The Antares partnership will enhance our ability to pursue growing market segments for burn-in and test of high power logic devices. We anticipate that our new ABTS family of products will serve as a meaningful driver of additional revenue growth in the future," said Posedel.

    Net sales were $39.0 million in fiscal 2008, an increase of 43% over $27.4 million in fiscal 2007. Net income for the year ended May 31, 2008 was $10.6 million, or $1.24 per diluted share, compared with net income of $2.4 million, or $0.30 per diluted share, in the prior fiscal year. The tax benefit recognized in the fourth quarter of fiscal 2008 resulted in a positive impact of $4.6 million, or $0.54 per diluted share, for the year ended May 31, 2008. Net income excluding stock compensation expense of $838,000 was $11.4 million, or $1.34 per diluted share, in fiscal 2008.

    At May 31, 2008, cash and cash equivalents and short-term investments were $15.6 million. Aehr Test closed the fourth quarter of fiscal 2008 with no outstanding debt and shareholders' equity of $37.8 million, or $4.52 per share outstanding, at May 31, 2008. As of May 31, 2008, the Company's backlog was $18.6 million, compared with $21.3 million in the prior year period.

    Commenting on the outlook for Aehr Test Systems, Gary Larson, vice president and chief financial officer, said, "Based on expected shipment schedules for FOX products, we believe our net sales in the first quarter of fiscal 2009 will be higher than those in the same quarter of the prior year."

    Management Conference Call

    Management of Aehr Test will host a conference call and webcast today, July 22, 2008 at 5:00 p.m. Eastern (2:00 p.m. Pacific) to discuss the Company's fourth quarter fiscal 2008 operating results. The conference call will be accessible live via the internet at http://www.aehr.com/. Please go to the website at least 15 minutes before start time to register, download and install any necessary audio software. A replay of the webcast will be available at http://www.aehr.com/ for 90 days.

    About Aehr Test Systems

    Headquartered in Fremont, California, Aehr Test Systems is a leading worldwide provider of systems for burning-in and testing DRAMs, flash, and other memory and logic integrated circuits and has an installed base of more than 2,500 systems worldwide. Aehr Test has developed and introduced several innovative products, including the FOX, MTX and MAX systems and the DiePak(R) carrier. The FOX system is a full wafer contact test and burn-in system. The MTX system is a massively parallel test system designed to reduce the cost of memory testing by performing both test and burn-in on thousands of devices simultaneously. The MAX system can effectively burn-in and functionally test complex devices, such as digital signal processors, microprocessors, microcontrollers and systems-on-a-chip. The DiePak carrier is a reusable, temporary package that enables IC manufacturers to perform cost-effective final test and burn-in of bare die. For more information, please visit the Company's website at http://www.aehr.com/.

    Safe Harbor Statement

    This release contains forward-looking statements that involve risks and uncertainties relating to projections regarding revenues and customer demand and acceptance of Aehr Test's products. Actual results may vary from projected results. These risks and uncertainties include without limitation, economic conditions in Asia and elsewhere, acceptance by customers of Aehr Test's technologies, acceptance by customers of the systems shipped upon receipt of a purchase order and the ability of new products to meet customer needs or perform as described, and the Company's development and manufacture of a commercially successful wafer-level test and burn-in system. See Aehr Test's recent 10-K and 10-Q reports and other reports from time to time filed with the U.S. Securities and Exchange Commission for a more detailed description of the risks facing our business. The Company disclaims any obligation to update information contained in any forward-looking statement to reflect events or circumstances occurring after the date of this press release.

    [Financial Tables to Follow] AEHR TEST SYSTEMS AND SUBSIDIARIES Condensed Consolidated Statements of Income (in thousands, except per share data) (Unaudited) Three Months Ended Year Ended May 31, May 31, 2008 2007 2008 2007 Net sales $10,914 $8,279 $39,041 $27,351 Cost of sales 5,540 3,896 19,072 13,438 Gross profit 5,374 4,383 19,969 13,913 Operating expenses: Selling, general and administrative 1,993 1,765 7,657 6,538 Research and development 1,582 1,781 6,501 6,324 Total operating expenses 3,575 3,546 14,158 12,862 Income from operations 1,799 837 5,811 1,051 Interest income 18 101 231 491 Other income (expense), net (1) 24 (71) 961 Income before income tax expense (benefit) 1,816 962 5,971 2,503 Income tax expense (benefit) (4,686) 43 (4,602) 75 Net income $6,502 $919 $10,573 $2,428 Net income per share Basic $0.79 $0.12 $1.32 $0.31 Diluted $0.74 $0.11 $1.24 $0.30 Shares used in per share calculations: Basic 8,234 7,807 8,013 7,751 Diluted 8,774 8,218 8,508 8,225 AEHR TEST SYSTEMS AND SUBSIDIARIES Reconciliation of GAAP and Non-GAAP Results (in thousands, except per share data) (Unaudited)

    Reconciliation of non-GAAP Financial Measure - net income to net income excluding stock compensation expense

    Three Months Ended Year Ended May 31, May 31, 2008 2007 2008 2007 GAAP net income $6,502 $919 $10,573 $2,428 Stock compensation expense 225 172 836 678 Income tax effect on stock compensation expense (5) (3) (17) (12) Non-GAAP net income $6,722 $1,088 $11,392 $3,094 GAAP net income per diluted share $0.74 $0.11 $1.24 $0.30 Non-GAAP net income per diluted share $0.77 $0.13 $1.34 $0.38 Shares used in diluted shares calculation 8,774 8,218 8,508 8,225

    Net income excluding stock compensation expense is a non-GAAP measure and should not be considered a replacement for GAAP results.

    Net income excluding stock compensation expense is a financial measure the Company uses to evaluate the underlying results and operating performance of the business. The difference between net income (the most comparable GAAP measure) and net income excluding stock compensation expense (the non-GAAP measure) reflects the impact of applying SFAS 123R to the current period. The limitation of this measure is that it excludes an item that impacts the Company's current period net income. This limitation is best addressed by using this measure in combination with net income (the most comparable GAAP measure) because net income excluding stock compensation expense does not reflect the impact of SFAS 123R and may be higher than net income (the most comparable GAAP measure).

    AEHR TEST SYSTEMS AND SUBSIDIARIES Condensed Consolidated Balance Sheets (in thousands, except per share data) (Unaudited) May 31, May 31, 2008 2007 ASSETS Current assets: Cash and cash equivalents $15,648 $6,564 Short-term investments -- 2,987 Accounts receivable, net 10,927 6,614 Inventories 10,209 9,701 Deferred income taxes 3,043 -- Prepaid expenses and other 396 326 Total current assets 40,223 26,192 Property and equipment, net 2,278 1,689 Goodwill 274 274 Deferred income taxes 1,900 -- Other assets 524 520 Total assets $45,199 $28,675 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable $2,981 $2,517 Accrued expenses 3,694 2,927 Deferred revenue 186 378 Total current liabilities 6,861 5,822 Deferred income taxes 297 -- Deferred lease commitment 269 185 Total liabilities 7,427 6,007 Shareholders' equity 37,772 22,668 Total liabilities and shareholders' equity $45,199 $28,675 Contact: Tricia Ross Financial Relations Board for Aehr Test Systems Investor/Analyst Contact (310) 403-732

    Aehr Test Systems

    CONTACT: Investors-Analysts, Tricia Ross of Financial Relations Board,
    +1-310-403-7322, for Aehr Test Systems

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




    ANADIGICS Announces Second Quarter 2008 ResultsAchieves Record Quarterly Net Sales of $80.5 million; up 8.2% sequentially and 49.4% From Year Ago QuarterDelivers Quarterly GAAP EPS of $0.10; Pro Forma Diluted EPS of $0.18Pro Forma Gross Margin hits 38.4%Announces Increased Investments and Acceleration of Wafer Capacity Plans in Kunshan, China

    WARREN, N.J., July 22 /PRNewswire-FirstCall/ -- ANADIGICS, Inc. , a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets, reported record second quarter 2008 net sales of $80.5 million, an increase of 8.2% compared with net sales of $74.4 million in the prior quarter, and an increase of 49.4% compared to net sales of $53.9 million in the year ago quarter.

    Net income was $6.0 million, or $0.10 per share, compared with $3.9 million, or $0.07 per share, in the prior quarter and net income of $1.9 million, or $0.03 per share, in the year ago quarter. Pro forma income for the second quarter 2008, which excludes non-cash stock compensation expense, discontinued operations and an impairment charge of $0.6 million on the company's investment in auction rate securities, was $11.6 million, or $0.18 per diluted share, compared with $9.2 million, or $0.15 per diluted share, in the prior quarter and $5.7 million, or $0.10 per diluted share, in the year ago quarter.

    "Our second quarter 2008 results were driven by strong sequential revenue growth in Broadband for both WiFi and CATV including initial production shipments of our new digital tuner, FiOS and DOCSIS 3.0 products," said Dr. Bami Bastani, President and Chief Executive Officer. "As we enter the third quarter 2008, Broadband will continue to have strong momentum, which will partially offset an expected decline in Wireless as certain of our customers have lowered their demand expectations and are reducing inventory levels. However, we believe this to be temporary as design-in activity has increased and therefore, are aggressively pursuing our capacity expansion plans in China to meet future demand."

    As of June 28, 2008 cash and short and long-term marketable securities totaled $161.4 million compared with $166.5 million at March 29, 2008.

    "Our reported second quarter 2008 financial results highlight the Company's capability in achieving operating leverage in our business," said Tom Shields, Executive Vice President and Chief Financial Officer. "The Company's balance sheet remains strong as we continue to invest in sustaining business growth for the long-term."

    The Company further reported that it will accelerate previous plans announced on April 11, 2007 to expand wafer capacity in China. Such accelerated plans include increasing the total investment in the build-out of the 6" gallium arsenide integrated circuit wafer fabrication facility in Kunshan, China from $49.88 million to approximately $100.0 million. Such investments are expected to provide the completion of building construction by October 2008 and expanded wafer capacity commencing with the third quarter 2009. Additionally, the Company has initiated the immediate recruiting of required resources and will incur certain operating costs relative to the wafer fabrication facility in the third quarter 2008, which are estimated at $1.0 million. The company expects to have the ability to fund the China investments from internally generated operating cash flows and cash on-hand. However, if advantageous, the Company will explore other available and alternative means of financing.

    Outlook for the Third Quarter 2008

    Net sales for the third quarter 2008 are estimated to be in the range of $75.0 million to $81.0 million. Net sales at this level would represent an approximate 26% to 36% increase on a comparable basis with third quarter 2007. The low end of the net sales guidance reflects softness in industry demand and inventory re-balancing that may occur in the third quarter 2008 from our Wireless customers. Net income per share on a GAAP basis for the third quarter 2008 is expected to approximate $0.01 to $0.05. Pro forma diluted earnings per share, excluding non-cash stock compensation expense, are expected to be in the range of approximately $0.10 - $0.14. The net income and pro forma diluted earnings per share are based on an estimated diluted weighted average outstanding common share count of 62.7 million.

    The statements regarding outlook are forward looking and actual results may differ materially. Please see safe harbor statement at the end of the press release.

    This press release includes financial measures that are not in accordance with GAAP, consisting of non-GAAP, or pro forma, net income or loss and non-GAAP, or pro forma, income or loss per share. Management uses non-GAAP net income or loss and non-GAAP income or loss per share to evaluate the company's operating and financial performance in light of business objectives, for planning purposes, when publicly providing our business outlook and to facilitate period-to-period comparisons. ANADIGICS believes that these measures are useful to investors because they enhance investors' ability to review the company's business from the same perspective as the company's management and facilitate comparisons of this period's results with prior periods. These non-GAAP measures exclude charges related to stock-based compensation, an impairment of auction rate securities and discontinued operations. Non-GAAP measures are used by some investors when assessing the performance of our Company. These financial measures are not in accordance with GAAP and may differ from non-GAAP methods of accounting and reporting used by other companies. Management acknowledges that stock-based compensation is a recurring cost and is an important part of our employee's compensation and impacts their performance. However the expense is non-cash in nature and there are various valuation methodologies and assumptions used in determining stock-based compensation that may be unrelated to operations, such as volatility and current interest rates. The presentation of the additional information should not be considered a substitute for net income or loss or income or loss per share prepared in accordance with GAAP.

    Limitations of non-GAAP financial measures. The primary material limitations associated with the use of non-GAAP measures as compared to the most directly comparable GAAP financial measures are (i) they may not be comparable to similarly titled measures used by other companies in ANADIGICS industry, and (ii) they exclude financial information that some may consider important in evaluating our performance. We compensate for these limitations by providing reconciliations of reported net income or loss and income or loss per share to non-GAAP net income or net loss and non-GAAP income or loss per share, respectively, within this press release.

    Conference Call

    ANADIGICS' senior management will conduct a conference call today at 5:00 PM Eastern time. A live audio Webcast will be available at http://www.anadigics.com/investors. A recording of the call will be available approximately two hours after the end of the call on the ANADIGICS Web site or by dialing 800-642-1687 (available until July 29, 2008).

    Recent Highlights

    June 25, 2008 - ANADIGICS Announces First Programmable Gain Amplifier Optimized for DOCSIS 3.0

    June 24, 2008 - ANADIGICS Launches Family of Active Splitters Designed for Set-top Boxes with Multiple Tuners

    June 23, 2008 - ANADIGICS Launches Fully Integrated 1GHz Tuner for Set-top Boxes

    June 17, 2008 - ANADIGICS Expands Broadband and Wireless Sales Support in Israel

    May 28, 2008 - ANADIGICS Supports LG Electronics' New Professional Level Camera Phone

    May 27, 2008 - ANADIGICS' New High-Power CATV Amplifier Facilitates Migration towards deep Fiber Architecture

    May 20, 2008 - ANADIGICS Continues to Stand Behind LG Electronics, Powering Phone Giant's Latest Multimedia Mobile Handset

    May 15, 2008 - ANADIGICS' New Linear Amplifiers Raise Standards for Power and Performance in CATV Set-top Boxes and Distribution Systems

    April 30, 2008 - ANADIGICS Announces 3G Power Amplifier Designed to Deliver Power Performance required by EGSM Platforms throughout Europe

    April 23, 2008 - Engineered for UMTS900 Handsets, ANADIGICS New Power Amplifier is Powering EGSM WCDMA Networks.

    About ANADIGICS, Inc.

    ANADIGICS, Inc. is a leading provider of semiconductor solutions in the rapidly growing broadband wireless and wireline communications markets. The Company's products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components, which can be sold individually or packaged as integrated radio frequency and front end modules.

    Safe Harbor Statement

    Except for historical information contained herein, this press release contains projections and other forward-looking statements (as that term is defined in the Securities Exchange Act of 1934, as amended). These projections and forward-looking statements reflect the Company's current views with respect to future events and financial performance and can generally be identified as such because the context of the statement will include words such as "believe", "anticipate", "expect", or words of similar import. Similarly, statements that describe our future plans, objectives, estimates or goals are forward-looking statements. No assurances can be given, however, that these events will occur or that these projections will be achieved and actual results and developments could differ materially from those projected as a result of certain factors. Important factors that could cause actual results and developments to be materially different from those expressed or implied by such projections and forward-looking statements include those factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2007, and those discussed elsewhere herein.

    Investor Relations Thomas Shields ANADIGICS, Inc. 141 Mt. Bethel Road Warren, NJ 07059 Tel: +1 908 412-5995 E-mail: tshields@anadigics.com ANADIGICS, INC. Consolidated Statements of Operations (Amounts in thousands, except per share amounts, unaudited) Three months ended Six months ended June 28, June 30, June 28, June 30, 2008 2007 2008 2007 Net sales $80,493 $53,869 $154,862 $103,442 Cost of sales 50,573 34,963 98,337 68,250 Gross profit 29,920 18,906 56,525 35,192 Research and development expenses 14,797 11,080 29,128 20,818 Selling and administrative expenses 9,441 7,482 18,321 14,841 Operating income (loss) 5,682 344 9,076 (467) Interest income 1,281 2,198 3,219 3,438 Interest expense (591) (655) (1,182) (1,280) Other expense (324) - (1,136) - Income from continuing operations 6,048 1,887 9,977 1,691 Loss from discontinued operations - - - (965) Net income $ 6,048 $ 1,887 $ 9,977 $ 726 Basic earnings (loss) per share Income from continuing operations $ 0.10 $ 0.03 $ 0.17 $ 0.03 Loss from discontinued operations $ - $ - $ - $ (0.02) Net income $ 0.10 $0.03 $ 0.17 $ 0.01 Diluted earnings (loss) per share Income from continuing operations $ 0.10 $ 0.03 $ 0.16 $ 0.03 Loss from discontinued operations $ - $ - $ - $ (0.02) Net income $ 0.10 $ 0.03 $ 0.16 $ 0.01 Basic shares outstanding 60,027 56,523 59,669 52,419 Basic & dilutive shares outstanding 69,351 59,604 68,596 55,774 Unaudited Reconciliation of GAAP to Pro Forma Non-GAAP Financial Measures GAAP net income $ 6,048 $ 1,887 $ 9,977 $ 726 Stock compensation expense in continuing operations Cost of sales 1,026 851 1,752 1,751 Research and development 1,905 1,392 3,801 2,892 Selling and administrative 2,010 1,597 3,794 3,073 Auction rate securities impairment 614 - 1,437 - Loss from discontinued operations (1) - - - 965 Pro forma net income $11,603 $ 5,727 $ 20,761 $ 9,407 Pro forma earnings (loss) per share * Basic $ 0.19 $ 0.10 $ 0.35 $ 0.18 Diluted $ 0.18 $ 0.10 $ 0.32 $ 0.17 (*) Calculated using related GAAP shares outstanding (1) The loss from discontinued operations reflected the divestiture of Telcom Devices, Inc., comprising $490 from the loss on sale and $475 loss on operations in the first quarter of 2007. ANADIGICS, INC. Condensed Consolidated Balance Sheets (Amounts in thousands) June 28, 2008 December 31, 2007 Assets (unaudited) Current assets: Cash and cash equivalents $124,149 $57,786 Marketable securities 17,043 103,778 Accounts receivable 50,340 45,664 Inventory 27,398 23,989 Prepaid expenses and other current assets 4,648 3,277 Total current assets 223,578 234,494 Marketable securities 20,210 15,248 Plant and equipment, net 99,377 76,129 Goodwill and other intangibles, net of amortization 6,394 6,524 Other assets 883 1,066 $350,442 $333,461 Liabilities and stockholders' equity Current liabilities: Accounts payable $25,913 $34,184 Accrued liabilities 11,070 7,928 Total current liabilities 36,983 42,112 Other long-term liabilities 3,189 3,243 Long-term debt 38,000 38,000 Total Stockholders' equity 272,270 250,106 $350,442 $333,461 * The condensed balance sheet at December 31, 2007 has been derived from the audited financial statements at such date but does not include all the information and footnotes required by generally accepted accounting principles for complete financial statements.

    ANADIGICS, Inc.

    CONTACT: Investor Relations, Thomas Shields of ANADIGICS, Inc.,
    +1-908-412-5995, tshields@anadigics.com

    Web site: http://www.anadigics.com/
    http://www.anadigics.com/investors




    Blackboard Inc. Announces Second Quarter 2008 Conference Call

    WASHINGTON, July 22 /PRNewswire-FirstCall/ -- Blackboard Inc. announced today that it will issue a press release concerning its financial results for the second quarter of 2008 after the market close on Wednesday, August 6, 2008. Following the press release, Blackboard management will host a conference call beginning at 4:30 p.m. (ET).

    Blackboard First Quarter 2008 Conference Call Details

    Blackboard will broadcast its conference call live over the Internet beginning at 4:30 p.m. on August 6, 2008 and interested parties can access the webcast through the Investor Relations section of the company's web site at http://investor.blackboard.com/. Please access the Web site at least 15 minutes prior to the start of the call to register, download and install any necessary software.

    Dial-In Information Domestic: +1 (866) 356-3093 International: +1 (617) 597-5381 Confirmation Code: 54029153

    A replay of the call will be available via telephone from approximately 6:00 p.m. (ET) on August 6, 2008 until 11:00 p.m. (ET) on August 13, 2008. To listen to the replay, participants in the U.S. and Canada should dial 888-286-8010, and international participants should dial +1 (617) 801-6888. The conference ID for the replay is 83748927.

    About Blackboard, Inc.

    Blackboard Inc. is a global leader in enterprise technology and innovative solutions that improve the experience of millions of students and learners around the world every day. Blackboard's solutions allow thousands of higher education, K-12, professional, corporate, and government organizations to extend teaching and learning online, facilitate campus commerce and security, and communicate more effectively with their communities. Founded in 1997, Blackboard is headquartered in Washington, D.C., with offices in North America, Europe, Asia and Australia.

    Blackboard

    Educate. Innovate. Everywhere.(TM)

    Blackboard Inc.

    CONTACT: Michael J. Stanton, Senior Vice President, Corporate Affairs &
    Treasury of Blackboard Inc., +1-202-463-4860 ext. 2305

    Web site: http://investor.blackboard.com/
    http://www.blackboard.com/




    Belo Corp. Invests in ResponseLogix(TM)Television Company to Offer Lead Management System to Automotive Advertisers

    DALLAS, July 22 /PRNewswire-FirstCall/ -- Belo Corp. announced today that it has made a minority equity investment in ResponseLogix, Inc. and entered into a multi-year agreement to resell the ResponseLogix Internet-based lead management system to its automotive advertisers. ResponseLogix provides advanced technology solutions for managing automotive dealer Internet leads. The Company's technology enables auto dealers to quickly and relevantly respond to customer leads, dramatically improving car sales opportunities for the dealer.

    "We will continue to seek out products and partnerships that allow us to make innovative tools and services available to our advertisers," said Dunia A. Shive, Belo's president and Chief Executive Officer. "The investment in ResponseLogix gives Belo the opportunity to provide our automotive dealer advertisers the ability to more successfully manage Internet-generated customer inquiries in our television markets."

    "It is great to be able to connect ResponseLogix' cutting-edge technology with Belo's well-established television advertising customers," said Tom Mohr, ResponseLogix President and Chief Executive Officer. "Belo has strong automotive dealer relationships in key markets and ResponseLogix is fortunate to be able to leverage these customers."

    Belo joins GRP Partners, Shasta Ventures, and A. H. Belo Corporation as equity partners in ResponseLogix.

    About Belo Corp.

    Belo Corp. is one of the nation's largest pure-play, publicly-traded television companies, with annual revenue of approximately $775 million. The Company owns and operates 20 television stations reaching more than 14 percent of U.S. television households, including ABC, CBS, NBC, FOX, CW and MyNetwork TV affiliates, and their associated Web sites, in 15 highly-attractive markets across the United States. Belo stations consistently deliver distinguished journalism for which they have received significant industry recognition including nine Alfred I. duPont-Columbia University Silver Baton Awards; nine George Foster Peabody Awards; and 23 national Edward R. Murrow Awards -- all since 2000, and in each case more than any other commercial station group in the nation. Nearly all Belo stations rank first or second in their local market. Belo owns stations in seven of the top 25 markets in the nation, with six stations located in the fast-growing, top-14 markets of Dallas/Fort Worth, Houston, Seattle/Tacoma and Phoenix. Additionally, the Company has created regional cable news channels in Texas and the Northwest increasing its impact in those regions. Additional information is available at http://www.belo.com/ or by contacting Paul Fry, vice president/Investor Relations & Corporate Communications, at 214-977-6835.

    About ResponseLogix

    Founded in early 2007, ResponseLogix takes auto dealers' Internet sales departments to the next level of productivity and profitability. ResponseLogix solves the three biggest challenges in the Internet sales process: the speed and quality of initial response to leads; the impact and consistency of ongoing follow up; and, the effectiveness of the live communications in- between. ResponseLogix is the only solution in the marketplace that solves all three of these issues while delivering personalized messages to the customer that are timely, consistent, and relevant.

    ResponseLogix incubated its business on the premises of a Top-25 Internet dealership in Sunnyvale, California.

    Contacts: For Belo: Paul Fry, Vice President/Investor Relations & Corporate Communications, 214-977-6835 pfry@belo.com For ResponseLogix: Tom Mohr, President and Chief Executive Officer, 408- 533-0222 tmohr@ResponseLogix.com

    Statements in this communication concerning Belo's business outlook or future economic performance, anticipated profitability, revenues, expenses, dividends, capital expenditures, investments, future financings, and other financial and non-financial items that are not historical facts, are "forward- looking statements" as the term is defined under applicable federal securities laws. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those statements.

    Such risks, uncertainties and factors include, but are not limited to, uncertainties regarding the costs, consequences (including tax consequences) and other effects of the spin-off of the newspaper business of Belo; changes in capital market conditions and prospects, and other factors such as changes in advertising demand, interest rates and programming and production costs; changes in viewership patterns and demography, and actions by Nielsen; technological changes, including the transition to digital television and the development of new systems to distribute television and other audio-visual content; development of Internet commerce; industry cycles; changes in pricing or other actions by competitors and suppliers; Federal Communications Commission and other regulatory, tax and legal changes; adoption of new accounting standards or changes in existing accounting standards by the Financial Accounting Standards Board or other accounting standard-setting bodies or authorities; the effects of Company acquisitions, dispositions and co-owned ventures; general economic conditions; and significant armed conflict, as well as other risks detailed in Belo's other public disclosures, and filings with the Securities and Exchange Commission ("SEC") including Belo's Annual Report on Form 10-K.

    Belo Corp.

    CONTACT: Paul Fry, Vice President-Investor Relations & Corporate
    Communications of Belo Corp., +1-214-977-6835, pfry@belo.com; or Tom Mohr,
    President and Chief Executive Officer of ResponseLogix, Inc., +1-408-533-0222,
    tmohr@ResponseLogix.com

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




    A. H. Belo Corporation to Offer ResponseLogix's Lead Management System to Auto DealersMedia Company to Also Take Equity Position in ResponseLogix(TM), Inc.

    DALLAS, July 22 /PRNewswire-FirstCall/ -- A. H. Belo Corporation announced today that the Company has made a minority equity investment in ResponseLogix, Inc. and entered into a multiyear agreement to resell the ResponseLogix Internet-based customer lead management system to automotive advertisers. ResponseLogix, headquartered in Sunnyvale, CA, provides advanced technology solutions for managing automotive dealer Internet leads. A. H. Belo joins Shasta Ventures, GRP Partners and Belo Corp. as equity partners in ResponseLogix. In markets where AHC operates, the Company will market, sell and service ResponseLogix's full suite of products and services.

    Dave Ellett, president and General Manager of Belo Interactive Media, said, "The online automotive market segment has been a top-performing category for A. H. Belo. ResponseLogix technology provides our automotive dealer advertisers industry-leading solutions to more efficiently manage Internet-generated customer inquiries. Auto dealer advertisers implementing ResponseLogix benefit by improving customer follow-up and tracking online leads, potentially resulting in a shortening of the sales cycle and higher sales volume. ResponseLogix technology provides auto dealers a measurable return on investment of their advertising dollars."

    Tom Mohr, ResponseLogix's Chief Executive Officer said, "We are extremely pleased to have A. H. Belo as both an investor and a channel partner in helping us bring our proven Internet lead management solutions to the market. A. H. Belo has strong automotive dealer relationships spanning decades and ResponseLogix is fortunate to be able to leverage those relationships."

    Ed Olkkola, A. H. Belo's senior vice president/Business Development, added, "After examining the partnership potential with ResponseLogix, we concluded a strategic investment made sense. With the backing of two experienced venture capital firms, GRP Partners and Shasta Ventures, and a first-rate management team led by co-founder and Chief Executive Officer Tom Mohr, we are confident that the business plan being pursued by ResponseLogix will lead to measurable results. We are excited to provide our auto dealer advertisers with lead management solutions that can improve their profitability."

    About A. H. Belo Corporation

    A. H. Belo Corporation headquartered in Dallas, Texas, is a distinguished news and information company that owns and operates four daily newspapers and 12 associated Web sites. A. H. Belo publishes The Dallas Morning News, Texas' leading newspaper and winner of eight Pulitzer Prizes since 1986; The Providence Journal, the oldest continuously-published daily newspaper in the U.S. and winner of four Pulitzer Prizes; The Press-Enterprise (Riverside, CA), serving southern California's Inland Empire region and winner of one Pulitzer Prize; and the Denton Record-Chronicle. The Company publishes various specialty publications targeting niche audiences, young adults and the fast-growing Hispanic market. A. H. Belo also owns direct mail and commercial printing businesses. Additional information is available at http://www.ahbelo.com/ or by contacting Maribel Correa, director/Investor Relations, at 214-977-2702.

    About ResponseLogix

    Founded in early 2007, ResponseLogix takes auto dealers' Internet sales departments to the next level of productivity and profitability. ResponseLogix solves the three biggest challenges in the Internet sales process: the speed and quality of initial response to leads; the impact and consistency of ongoing follow up; and, the effectiveness of the live communications in-between. ResponseLogix is the only solution in the marketplace that solves all three of these issues while delivering personalized messages to the customer that are timely, consistent, and relevant.

    ResponseLogix incubated its business on the premises of a Top-25 Internet dealership in Sunnyvale, California.

    Contacts: A. H. Belo Corporation Maribel Correa Director/Investor Relations (214) 977-2702 mcorrea@ahbelo.com ResponseLogix Tom Mohr President and Chief Executive Officer (408) 533-0222 tmohr@responselogix.com

    Statements in this communication concerning A. H. Belo Corporation's ("the Company's") business outlook or future economic performance, anticipated profitability, revenues, expenses, dividends, capital expenditures, investments, future financings, and other financial and non-financial items that are not historical facts, are "forward-looking statements" as the term is defined under applicable federal securities laws. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those statements.

    Such risks, uncertainties and factors include, but are not limited to, changes in capital market conditions and prospects, and other factors such as changes in advertising demand, interest rates, and newsprint prices; newspaper circulation matters, including changes in readership patterns and demography, and audits and related actions by the Audit Bureau of Circulations; circulation trends; technological changes; development of Internet commerce; industry cycles; changes in pricing or other actions by competitors and suppliers; regulatory, tax and legal changes; adoption of new accounting standards or changes in existing accounting standards by the Financial Accounting Standards Board or other accounting standard-setting bodies or authorities; the effects of Company acquisitions, dispositions, co-owned ventures, and investments; general economic conditions; significant armed conflict; and other factors beyond our control, as well as other risks described in the Company's Annual Report on Form 10-K and other public disclosures and filings with the Securities and Exchange Commission, including the Company's information statement on Form 10 dated January 31, 2008.

    A. H. Belo Corporation

    CONTACT: Maribel Correa, Director-Investor Relations of A. H. Belo
    Corporation, +1-214-977-2702, mcorrea@ahbelo.com; or Tom Mohr, President and
    Chief Executive Officer of ResponseLogix, +1-408-533-0222,
    tmohr@responselogix.com

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




    ResponseLogix(TM) Closes $8 Million in New Funding

    SAN FRANCISCO, July 22 /PRNewswire/ -- ResponseLogix, Inc. announced today the close of an $8 million Series A round of financing, led by GRP Partners and Shasta Ventures with support from A. H. Belo Corporation and the Belo Corp. ResponseLogix will use the money to continue to grow and scale its platform of tools and services for automotive dealers' Internet sales.

    "ResponseLogix has created a valuable and exciting technology platform for managing automotive sales leads. ResponseLogix's solutions suite significantly increases the close rate of dealers using the web to sell," said Steven Dietz, partner at GRP Partners. "We're delighted to invest in ResponseLogix to accelerate the adoption of its ground-breaking technology in the automotive community."

    ResponseLogix has seen significant momentum since it began operations in early 2007. Automotive dealers using the full ResponseLogix suite of solutions have seen increases in Internet sales of over 50% on average. When a consumer submits a request for information on a car, ResponseLogix delivers back a price quote from the dealer right away. It then continues communications throughout the buying cycle on the dealer's behalf and alerts the dealer when the consumer is ready to buy. This consumer-friendly communication approach has proven to grow dealer revenues, profits and customer satisfaction.

    "Since ResponseLogix entered the marketplace in 2007, they have been a driving force in the growth of online sales for its automotive customers," said Jason Pressman, partner at Shasta Ventures. "We see tremendous promise in the solutions it offers to automobile dealerships. ResponseLogix has cracked the code in attaining significant Internet sales improvement by dealerships, and how these dealerships serve their quickly growing base of online customers."

    ResponseLogix's core offerings are SmartQuote, SmartFollow, and SmartFacts, a suite of software solutions that assist dealers in reacting to, and managing, their Internet leads. SmartQuote provides a relevant, rapid quote back to all Internet leads within 10 minutes, 100% of the time. SmartFollow continues the conversation with the potential customers, and, if the lead goes cold, works to re-engage them with the dealer. SmartFacts provides key data to the dealers to enable them to better manage their processes and sales force.

    "ResponseLogix technology provides our automotive dealer advertisers industry-leading solutions to more efficiently manage Internet-generated customer inquiries," said Dave Ellett, president and General Manager of Belo Interactive Media. "Auto dealer advertisers implementing ResponseLogix benefit by improving customer follow-up and tracking online leads, potentially resulting in a shortening of the sales cycle and higher sales volume."

    "The investment in ResponseLogix gives Belo Corp. the opportunity to provide our automotive dealer advertisers tools to more successfully manage Internet-generated customer inquiries in our television markets," said Dunia A. Shive, Belo Corp.'s president and Chief Executive Officer.

    The company has veteran top executives in its management team including former Knight Ridder Digital president Tom Mohr, and former Dealix vice presidents Steve Pace, Tim Weaver, and Jagdish Rajan. "In the past year we have built a great team and coupled it with a strong and scalable technology platform," said ResponseLogix CEO Tom Mohr. "This capital will help us move forward in key areas of our business and further accelerate our growth and leadership in the automotive Internet sales arena."

    About ResponseLogix

    Founded in early 2007, ResponseLogix takes auto dealers' Internet sales departments to the next level of productivity and profitability. ResponseLogix solves the three biggest challenges in the Internet sales process: the speed and quality of initial response to leads; the impact and consistency of ongoing follow up; and, the effectiveness of the live communications in-between. ResponseLogix is the only solution in the marketplace that solves all three of these issues while delivering personalized messages to the customer that are timely, consistent, and relevant.

    ResponseLogix incubated its business on the premises of a Top-25 Internet dealership in Sunnyvale, California. To learn more about ResponseLogix, visit http://www.responselogix.com/.

    About GRP Partners

    GRP Partners is a venture capital and growth equity firm focused on financing and helping to build services providers and related technology companies, retail and consumer services companies, financial, and business services providers. GRP Partners finances outstanding early-stage and late-stage companies that have developed solutions meeting pressing consumer and business needs. Over the course of nearly 20 years, the GRP Partners team has been involved with many companies that have become household names today, such as Costco, Starbucks, PETsMART, Office Depot, Ticketmaster, P.F. Chang's, [Overture Services (acquired by Yahoo!), Dick's Sporting Goods, Zany Brainy, lastminute.com] and many others. GRP Partners manages approximately $900 million. To learn more about GRP Partners, visit http://www.grpvc.com/.

    About Shasta Ventures

    Shasta Ventures is an early-stage venture capital firm investing in technology-enabled businesses serving consumers and enterprises. Located in Menlo Park, Calif., Shasta Ventures manages $460 million. Shasta was formed in 2004 by venture capital veterans and invests across consumer and business services, infrastructure and software. For more information on Shasta Ventures, please visit http://www.shastaventures.com/.

    About A. H. Belo Corporation

    A. H. Belo Corporation headquartered in Dallas, Texas, is a distinguished news and information company that owns and operates four daily newspapers and 12 associated Web sites. A. H. Belo publishes The Dallas Morning News, Texas' leading newspaper and winner of eight Pulitzer Prizes since 1986; The Providence Journal, the oldest continuously-published daily newspaper in the U.S. and winner of four Pulitzer Prizes; The Press-Enterprise (Riverside, CA), serving southern California's Inland Empire region and winner of one Pulitzer Prize; and the Denton Record-Chronicle. The Company publishes various specialty publications targeting niche audiences, young adults and the fast-growing Hispanic market. A. H. Belo also owns direct mail and commercial printing businesses. Additional information is available at http://www.ahbelo.com/.

    About Belo Corp.

    Belo Corp. is one of the nation's largest pure-play, publicly-traded television companies, with annual revenue of approximately $775 million. The Company owns and operates 20 television stations reaching more than 14 percent of U.S. television households, including ABC, CBS, NBC, FOX, CW and MyNetwork TV affiliates, and their associated Web sites, in 15 highly-attractive markets across the United States. Belo stations consistently deliver distinguished journalism for which they have received significant industry recognition including nine Alfred I. duPont-Columbia University Silver Baton Awards; nine George Foster Peabody Awards; and 23 national Edward R. Murrow Awards -- all since 2000, and in each case more than any other commercial station group in the nation. Nearly all Belo stations rank first or second in their local market. Belo owns stations in seven of the top 25 markets in the nation, with six stations located in the fast-growing, top-14 markets of Dallas/Fort Worth, Houston, Seattle/Tacoma and Phoenix. Additionally, the Company has created regional cable news channels in Texas and the Northwest increasing its impact in those regions. Additional information is available at http://www.belo.com/.

    Contacts ResponseLogix: Tom Mohr, President (408) 533-0222 GRP Partners: Steven Dietz, Partner (310) 785-5100 Shasta Ventures: Jason Pressman, Partner (650) 543-1700 A. H. Belo Corporation: Maribel Correa, director/Investor Relations, at (214) 977-2702 Belo Corp.: Paul Fry, VP Investor Relations and Corporate Communications (214) 977-6835

    ResponseLogix, Inc.

    CONTACT: Tom Mohr, President of ResponseLogix, +1-408-533-0222; or
    Steven Dietz, Partner of GRP Partners, +1-310-785-5100; or Jason Pressman,
    Partner of Shasta Ventures, +1-650-543-1700; or Maribel Correa, director of
    Investor Relations of A. H. Belo Corporation, +1-214-977-2702; or Paul Fry, VP
    Investor Relations and Corporate Communications of Belo Corp.,
    +1-214-977-6835

    Web site: http://www.responselogix.com/
    http://www.grpvc.com/
    http://www.shastaventures.com/
    http://www.ahbelo.com/
    http://www.belo.com/




    Nanophase Announces Second Quarter and First Half Revenue

    ROMEOVILLE, Ill., July 22 /PRNewswire-FirstCall/ -- Nanophase Technologies , a leader in nanomaterials and advanced nanoengineered products, announced that for the quarter ending June 30, 2008, the Company achieved total revenue of $2.94 million, compared to $4.1 million in the second quarter of 2007, and grew gross margin as a percentage of revenue to 38%. Nanophase reported a net loss of $788,000, or $0.04/share, for the quarter compared to $241,000, or $0.01/share, in the second quarter of 2007.

    "In an increasingly challenging economic and cost environment and considering the inventory stocking that occurred in the second quarter of 2007, Nanophase delivered a relatively solid quarter," stated Joseph Cross, Nanophase's president and CEO. "The quarter was as forecast, essentially flat to the first quarter. We knew that the second quarter of 2007 benefitted from architectural coating orders for retail rollout and inventory-building with our market partner, BYK Chemie, amounting to $1.2 million more revenue in that quarter than the current second quarter."

    For the first half of 2008, Nanophase revenues were $6.0 million, compared with $7 million in the first half of 2007. Gross margin was 36%, a 4% increase over the same period in 2007. The net loss was $1.7 million, or $0.08/share, compared to $1.5 million, or $0.08/share, in the first half of 2007.

    Cross noted, "Gross margin growth, along with cost control management, has reduced the Company's cash used for operations to an average of $350,000 per quarter, a reduction of 57% from the same period in 2007. Exiting the first half, Nanophase has $15.8 million in cash and investments and, we believe, is adequately funded for the future."

    Markets and Outlook

    Cross noted that the Company continues to make sound progress adding new opportunities and moving those through the stage gate sales process toward revenue producing applications. In the second quarter the Company added three new customers for glass polishing, electrostatic discharge protection, and animal hygiene. Nanophase is pursuing opportunities in chemical mechanical polishing for semiconductors, energy, architectural coatings, natural rubber latex products, SPF clothing, industrial coatings, and several other markets.

    "We have added sales personnel, realigned R&D and internal resources with our business development opportunities and are seeing increased success in new product development as evidenced by the three new customers we have noted," stated Cross. "We believe that we are taking the proper actions to identify new markets and capture new sales and we remain optimistic going forward."

    "Relative to the second half of the year, we have recently become aware of over-inventory conditions at both BASF and BYK Chemie that will likely effect their order requirements. While we expect this to be a one to two quarter situation until the inventory is reduced, it will impact our previous revenue expectations for the second half of 2008. It also seems apparent that economic conditions may restrict existing business growth and new business volumes. We now believe that third and fourth quarter will be relatively flat compared with our second quarter. As such, it now appears that total 2008 revenue will be down about 10-15% year-over-year."

    Nanophase has scheduled its quarterly conference call for July 22 at 4:00 PM CDT, 5:00 PM EDT, which will be hosted by Joseph Cross, president and CEO, and Jess Jankowski, CFO. The call may be accessed through the Company's website, http://www.nanophase.com/, by clicking on the link under Investor Relations and Calendar of Events. If you are unable to attend, a replay will be available through July 29, 2008 by dialing 706-645-9291 and entering code 55557439, or by logging onto the Company's website and following the above directions.

    Nanophase Technologies Corporation (NANX), http://www.nanophase.com/, is a leader in nanomaterials technologies and provides nanoengineered solutions for multiple industrial product applications. Using a platform of patented and proprietary integrated nanomaterial technologies, the Company creates products with unique performance attributes from two ISO 9001:2000 and ISO 14001 facilities. Nanophase delivers commercial quantity and quality nanoparticles, coated nanoparticles, and nanoparticle dispersions in a variety of media. The Company owns or licenses 18 United States and 49 foreign patents and patent applications. Information about Nanophase may be found in the Company's public filings or on its website.

    All numbers in this release are approximate; refer to the financials accompanying the release for details. Earnings per share are stated as fully diluted. This press release contains words such as "expects", "shall", "will", "believes" and similar expressions that are intended to identify forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such statements in this announcement are made based on the Company's current beliefs, known events and circumstances at the time of publication, and as such, are subject in the future to unforeseen risks and uncertainties that could cause the Company's results of operations, performance and achievements to differ materially from current expectations expressed in, or implied by, these forward-looking statements. These risk and uncertainties include the following: a decision by a customer to cancel a purchase order or supply agreement in light of the Company's dependence on a limited number of key customers; uncertain demand for, and acceptance of, the Company's nanocrystalline materials; the Company's manufacturing capacity and product mix flexibility in light of customer demand; the Company's limited marketing experience; changes in development and distribution relationships; the impact of competitive products and technologies; the Company's dependence on patents and protection of proprietary information; the resolution of litigation in which the Company may become involved; and other risks described in the Company's Form 10K filed March 14, 2008, and other filings with the Securities and Exchange Commission. In addition, the Company's forward-looking statements could be affected by general industry and market conditions and growth rates. Except as required by federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events, uncertainties or other contingencies.

    NANOPHASE TECHNOLOGIES CORPORATION BALANCE SHEETS (Unaudited) June 30, December 31, ASSETS 2008 2007 Current assets: Cash and cash equivalents $908,493 $563,075 Investments 8,881,386 16,145,844 Trade accounts receivable, less allowance for doubtful accounts of $13,000 on June 30, 2008 and December 31, 2007 1,289,652 1,403,206 Inventories, net 1,571,760 1,085,364 Prepaid expenses and other current assets 427,601 298,464 Total current assets 13,078,892 19,495,953 Investments 6,000,000 - Equipment and leasehold improvements, net 7,085,963 7,409,666 Other assets, net 627,685 781,266 $26,792,540 $27,686,885 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Current portion of deferred other revenue 127,273 127,273 Current portion of capital lease obligations 40,300 43,110 Accounts payable 617,709 238,295 Accrued expenses 1,640,446 1,584,656 Total current liabilities 2,425,728 1,993,334 Long-term debt, less current maturities and unamortized debt discount 1,540,703 1,512,507 Long-term portion of capital lease obligations 13,170 31,430 Deferred other revenue, less current portion 10,609 74,243 1,564,482 1,618,180 Contingent liabilities: - - Stockholders' equity: Preferred stock, $.01 par value, 24,088 shares authorized and no shares issued and outstanding - - Common stock, $.01 par value, 30,000,000 shares authorized; 21,130,697 and 21,088,068 shares issued and outstanding on June 30, 2008 and December 31, 2007, respectively 211,307 210,881 Additional paid-in capital 90,663,474 90,201,131 Accumulated deficit (68,072,451) (66,336,641) Total stockholders' equity 22,802,330 24,075,371 $26,792,540 $27,686,885 NANOPHASE TECHNOLOGIES CORPORATION STATEMENTS OF OPERATIONS (Unaudited) Three months ended Six months ended June 30, June 30, 2008 2007 2008 2007 Revenue: Product revenue, net $2,811,626 $4,015,275 $5,754,347 $6,809,416 Other revenue 132,780 110,233 244,167 222,529 Total revenue 2,944,406 4,125,508 5,998,514 7,031,945 Operating expense: Cost of revenue 1,836,276 2,611,249 3,836,484 4,804,524 Gross Profit 1,108,130 1,514,259 2,162,030 2,227,421 Research and development expense 416,239 450,005 854,934 974,169 Selling, general and administrative expense 1,525,446 1,360,957 3,219,514 2,771,217 Loss from operations (833,555) (296,703) (1,912,418) (1,517,965) Interest income 80,788 89,202 248,010 188,829 Interest expense (33,142) (34,173) (71,559) (67,220) Other, net (2,074) 248 157 (69,097) Loss before provision for income taxes (787,983) (241,426) (1,735,810) (1,465,453) Provision for income taxes - - - - Net loss $(787,983) $(241,426) $(1,735,810) $(1,465,453) Net loss per share -- basic and diluted $(0.04) $(0.01) $(0.08) $(0.08) Weighted average number of common shares outstanding 21,130,697 19,070,236 21,118,652 19,038,217 NANOPHASE TECHNOLOGIES CORPORATION STATEMENTS OF OPERATIONS - EXPANDED SCHEDULE (Unaudited) Three months ended Six months ended June 30, June 30, 2008 2007 2008 2007 Revenue: Product revenue, net $2,811,626 $4,015,275 $5,754,347 $6,809,416 Other revenue 132,780 110,233 244,167 222,529 Total revenue 2,944,406 4,125,508 5,998,514 7,031,945 Operating expense: Cost of revenue detail: Depreciation 240,575 278,052 478,620 558,133 Non-Cash equity compensation 20,165 13,488 36,936 27,889 Other costs of revenue 1,575,536 2,319,709 3,320,928 4,218,502 Cost of revenue 1,836,276 2,611,249 3,836,484 4,804,524 Gross profit 1,108,130 1,514,259 2,162,030 2,227,421 Research and development expense detail: Depreciation 59,318 58,612 117,775 113,974 Non-Cash equity compensation 38,281 16,736 69,313 61,966 Other research and development expense 318,640 374,657 667,846 798,229 Research and development expense 416,239 450,005 854,934 974,169 Selling, general and administrative expense detail: Depreciation and amortization 24,509 19,727 48,603 38,824 Non-Cash equity compensation 173,682 79,218 326,634 225,923 Other selling, general and administrative expense 1,327,255 1,262,012 2,844,277 2,506,470 Selling, general and administrative expense 1,525,446 1,360,957 3,219,514 2,771,217 Loss from operations (833,555) (296,703) (1,912,418) (1,517,965) Interest income 80,788 89,202 248,010 188,829 Interest expense (33,142) (34,173) (71,559) (67,220) Other, net (2,074) 248 157 (69,097) Loss before provision for income taxes (787,983) (241,426) (1,735,810) (1,465,453) Provision for income taxes - - - - Net loss $(787,983) $(241,426) $(1,735,810) $(1,465,453)

    Nanophase Technologies Corporation

    CONTACT: Joseph Cross, President, CEO, +1-630-771-6705, or Jess
    Jankowski, VP, CFO, +1-630-771-6702, or Nancy Baldwin, Investor Relations,
    +1-630-771-6707, all of Nanophase Technologies Corporation

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




    New NetSuite CRM+ Features Enhance Ease-Of-Use With Advanced AJAX-Powered WorkflowsAll AJAX-Powered Features Supported in New Firefox 3 Browser

    SAN MATEO, Calif., July 22 /PRNewswire-FirstCall/ -- NetSuite Inc. , a leading vendor of on-demand, integrated business management software suites for the mid-market enterprise business and divisions of large companies, today announced new capabilities for its flagship CRM product, NetSuite CRM+, featuring AJAX-powered workflows that enhance ease-of-use of marketing automation and knowledge management functionality used in customer support and customer service. These new workflows center around step-wise, dynamic user interaction and are now also supported in the new Firefox 3 web browser, along with other unique industry-leading capabilities of NetSuite such as eXtreme list editing, rich-text editing, drag-and-drop and quick-add portlets. For more information about today's product release please visit http://www.netsuite.com/crm.

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

    "NetSuite has long been the gold standard for the use of AJAX in business applications, pioneering rich, dynamic user interface capabilities in a browser application typically found only in desktop applications," said Mini Peiris, NetSuite Vice President of Product Marketing. "Today's new release of NetSuite CRM+ demonstrates our ongoing commitment to innovation and to addressing specific customer requirements."

    New Features Increase User Productivity

    Launched in May 2005, NetSuite CRM+ is NetSuite's most feature-rich CRM offering, encompassing CRM requirements at every phase of the customer lifecycle. Unlike other CRM offerings in the market which focus largely on prospect management, NetSuite CRM+ goes much further by giving growing businesses a 360-degree view of all customer interactions, as well as the ability to actually record sales transactions. NetSuite CRM+ includes order management, partner management, incentive management, and project tracking.

    Today's new release adds to the rich heritage of NetSuite CRM+ and the use of innovative, AJAX-powered user interfaces for key functional areas with:

    -- Step-wise Assistants for Marketing Automation - a new two-step assisted workflow for group creation allows marketers to easily segment and slice their target audience for focused campaign execution. Similarly, the workflow for the creation of simple marketing and email templates, as well as uploading rich HTML-based marketing templates has been greatly streamlined with productivity of the marketer as the primary focus. -- Streamlined Knowledge Management for Customer Service - a new keyword search workflow is built directly into the user interface for case management to optimize the speed with which customer service and customer support reps can search for and find relevant content from the knowledge store to respond to a customer service inquiry. In addition, customer service reps can now add content for inclusion in the central knowledge store with one click from information already entered on the case for the response to the customer. This greatly increases the efficiency of case handling and helps to build the wealth of knowledge for re-use, so customer service reps are armed with the latest information and can offer better service and an enriched customer support experience. NetSuite Supports Firefox 3

    In addition to the enhanced workflow capabilities for NetSuite CRM+, NetSuite today also announced support for Firefox 3, the latest web browser version from the Mozilla Foundation. Firefox 3 has caused a resurgence of the browser wars, gaining some market share on Microsoft Internet Explorer and coming in second over Apple's Safari (source: MarketWatch - Firefox heats up new browser war against Microsoft). NetSuite supports all three web browsers -- Internet Explorer, Firefox and Safari -- allowing customers complete freedom of choice when it comes to anytime, anywhere access to key business data.

    Support for Firefox 3 also enables more users to run their business on NetSuite since Firefox supports multiple operating systems, including Windows, Apple's OS-X and Linux. Mozilla reported that there had been more than 8 million downloads of the new browser in its first 24 hours of availability. NetSuite is one of the first business applications to support the new Firefox browser version, showing NetSuite's commitment to servicing customers by staying on the cutting edge of technology, and striving to fulfill market demand as new technology becomes available.

    Pricing and Availability

    New CRM+ features are available now at no additional cost. NetSuite CRM+ is offered at $129 per user per month. It is currently expected that Firefox support will be available in early August.

    For more information about NetSuite Inc., please visit http://www.netsuite.com/.

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

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

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

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




    DC Universe(TM) Online Unveiled by Sony Online Entertainment to the Masses at Comic-ConChoose To Fight For Or Against Iconic Heroes And Villains At The World Premiere Demonstration Of DC Universe Online By Sony Online Entertainment

    SAN DIEGO, July 22 /PRNewswire/ -- Virtual super heroes and villains, it's time to unite online! Sony Online Entertainment LLC (SOE) plans to reveal exciting new details of the online action game DC Universe(TM) Online (DCUO) at this year's Comic-Con International to be held in San Diego from July 24- 27. SOE's plans include a first-ever public demonstration showcasing how DCUO will redefine online action gaming on the PLAYSTATION(R)3 computer entertainment system and the PC.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20080722/LATU094)

    DCUO is being developed by the SOE Austin studio team in collaboration with Warner Bros. Interactive Entertainment and DC Comics' top talent led by Executive Creative Director Jim Lee, SOE's VP of Development John Blakely and SOE's Austin Studio Creative Director Chris Cao.

    Lee, a comic book legend who founded DC Comics' WildStorm Productions, is lending his skills as an artist, gamer and creative director -- he was the first player on his EverQuest(R) (EQ) server to get the Paladin epic sword -- to bring iconic DC Comics characters like Batman and Superman to life in a way that's never been seen before in a video game. For the first time, DCUO will let players create their own customized super hero or villain and wield amazing powers in the name of good or evil as they write their own chapter in the fabled DC Universe.

    "The rich, storied world of DC Comics has never been available to players like this before," said John Smedley, president of SOE. "For the first time, gamers can actually open the door and step into the vast world of DC Comics and choose their own fate. Who wouldn't want to infiltrate Batman's cave or fly over Metropolis as you speed toward a mission to help Superman?"

    Supporting the game's distinctive, dynamic look is a physics-based combat system that makes traditional role-based massively multiplayer online games a thing of the past. With DCUO, players will have virtual powers that feel truly epic in scope from the get-go. Fly around, grab a bus, and toss it at your foes. Shoot energy blasts from your power ring as you dash with incredible speed along the side of a skyscraper. Or turn rivals into ice cubes and then lob them from atop the Daily Planet building!

    "This is a big step forward for DC Comics because it really expands how our fans can participate in the DC Universe," said Paul Levitz, president and publisher of DC Comics. "Working with our colleagues at Warner Bros. Interactive Entertainment and the talented folks at SOE, DC Universe Online is going to provide a dramatic new setting for the DC world to grow and unfold."

    "This is a one-of-a kind type of game, and a lot of love has already gone into it," added Jim Lee. "DCUO will be able to tap into DC Comics, which goes back more than 70 years, and use it in ways that comic and gaming fans have never seen before. DCUO is in many ways a reinvention of the traditional MMO; it's a hybrid between the traditional MMO and a button-mashing, console-action game."

    Key Features of DC Universe Online:

    -- Based on the distinctive, acclaimed artwork and designs of comic book legend Jim Lee.

    -- Iconic DC Comic settings and characters, from Gotham City to Arkham Asylum, Batman to Blue Beetle.

    -- Players can enter a persistent DC Universe and fight alongside their favorite heroes and villains to play their own adventure in the mythology of these legendary characters and locales.

    -- DCUO will be an online world that stays true to the DC Comics property and allows players to feel and act like super heroes or villains.

    -- Physics-based fighting turns vehicles, streetlights and other players into weapons, resulting in dynamic combat scenarios that are different every time.

    -- DCUO is being developed by Sony Online Entertainment in collaboration with top talent at DC Comics and Warner Bros. Interactive Entertainment.

    About Sony Online Entertainment

    Sony Online Entertainment LLC (SOE) is a recognized worldwide leader in massively multiplayer online games, with hundreds of thousands of subscribers around the globe. SOE creates, develops and provides compelling entertainment for the personal computer, online, game console and wireless markets. Known for its blockbuster franchises and hit titles including EverQuest(R), EverQuest(R) II, Champions of Norrath(R), Untold Legends(TM), and PlanetSide(R), as well as for developing Star Wars Galaxies(TM), SOE continues to redefine the business of online gaming and the creation of active player communities while introducing new genres on various entertainment platforms. Headquartered in San Diego, CA, with additional development studios in Austin, TX, Seattle, WA, Denver, CO, and Taiwan, SOE has an array of cutting-edge games in development.

    SOE, the SOE logo, EverQuest and PlanetSide are registered trademarks of Sony Online Entertainment LLC. Untold Legends and Legends of Norrath are trademarks of Sony Online Entertainment LLC. All other trademarks and trade names are properties of their respective owners

    About DC Comics

    DC Comics, a Warner Bros. Entertainment Company, is the largest English-language publisher of comics in the world and home to such iconic characters as Superman, Batman, Wonder Woman and the Sandman. These DC super heroes and others have starred in comic books, movies, television series (both animated and live-action) and cyberspace, thrilling audiences of all ages for generations. DC Comics' Web site is located at http://www.dccomics.com/.

    About Warner Bros. Interactive Entertainment

    Warner Bros. Interactive Entertainment, a division of Warner Bros. Home Entertainment Group, is a premier worldwide publisher, developer, licensor and distributor of entertainment content for the interactive space across all current and future platforms, including console, handheld and PC-based gaming for both internal and third party game titles.

    DC UNIVERSE and all related characters and elements are trademarks of and (C)

    DC Comics.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080722/LATU094
    AP Archive: http://photoarchive.ap.org/
    AP PhotoExpress Network: PRN17
    PRN Photo Desk, photodesk@prnewswire.com Sony Online Entertainment LLC

    CONTACT: Matt Slagle of Sony Online Entertainment, +1-512-250-3307,
    mslagle@soe.sony.com

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




    Quest Software Inc.'s Efforts to Dismiss Securities Fraud Claims Against It and Certain Officers and Directors Are Rejected by the Federal Court

    NEW YORK, July 22 /PRNewswire/ -- Wolf Popper LLP, attorneys for plaintiff Middlesex Retirement System, report that the United States District Court for the Central District of California has substantially denied defendants' motions to dismiss plaintiff's class action complaint charging Quest Software Inc. (NasdaqGS: QSFT) and certain of its officers and directors with securities fraud in the intentional backdating of stock options. In the action entitled Middlesex Retirement System v. Quest Software, Inc., et al., 06-cv-06863-DOC-RNB (C.D. Cal.), the Court previously substantially denied defendants' initial efforts to dismiss the action in October 2007, and has recently rejected defendants' latest efforts to dismiss claims under Sections 10(b) (and Rule 10b-5 promulgated thereunder) and 20(a) of the Securities Exchange Act of 1934. The Court found that the facts alleged in the complaint strongly infer that defendants knew or were deliberately reckless in not knowing that Quest's SEC filings were false and misleading. The Court noted that it was "highly implausible that Defendants were not aware that their prolonged practice of backdating stock options would have a material and misleading effect on their public financial statements." The Court's opinion stated that "Defendants knew that they were backdating stock options and were certainly aware of the large profits they were reaping from those options." In dismissing defendants' arguments as "convenient," the Court stated that there were "red flags" and "warnings" which gave rise to the inference that defendants "either knew or were deliberately reckless in not knowing that their backdating and accounting procedures rendered Quest's financial statements misstated" and that "[a]t the very least, Defendants' actions show deliberate recklessness." The Court ordered discovery in the litigation to begin "posthaste."

    For more information please contact: Wolf Popper LLP Marian P. Rosner, Esq. Patricia I. Avery, Esq. Chet B. Waldman, Esq. Anthony Green, Esq. 845 Third Avenue New York, NY 10022 Tel.: 212.451.9619 or 877.370.7703 (toll free) Fax: 212.486.2093 or 877.370.7704 (toll free) Email: irrep@wolfpopper.com website: http://www.wolfpopper.com/

    Wolf Popper LLP

    CONTACT: Marian P. Rosner, Esq.; Patricia I. Avery, Esq.; Chet B.
    Waldman, Esq.; Anthony Green, Esq., all of Wolf Popper LLP, +1-212-451-9619 or
    1-877-370-7703, irrep@wolfpopper.com

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




    Kidz-Med Launches Newly Optimized WebsiteObjective is to Increase Online Revenue Channel

    WESTON, Fla., July 22 /PRNewswire/ -- In response to anticipated traffic from multiple promotions and recently announced charitable and financial relationships, Kidz-Med Inc. (the Company), a subsidiary of American Scientific Resources (Pink Sheets: ASFX), today announced the launch of a newly optimized website, http://www.kidzmed.com/ . The website-originally produced by Future Now, Inc. (http://www.futurenowinc.com/) -- increases the strength of Kidz-Med's revenue channels via scientific marketing optimization methodologies. The Company has added features designed to enhance conversion rates, and continues to improve upon optimization.

    The new added features that make for an even easier checkout process, will also reassure the consumer that their purchase is 100% secure.

    The Company is taking steps to further increase conversion rates by continually optimizing. Management asks its valued stockholders, investors and future investors to keep a look out for future updates as well as Q2 2008 financials that will be available online soon.

    Dr. Christopher F. Tirotta, CEO of American Scientific Resources, Inc. said, "We are excited to see the effects of the recent optimization tactics that have been employed. By giving the consumer an easier and even safer shopping experience, we are hopeful to see an even larger increase in sales."

    Other enhancements pending include RSS news feeds and the ability to provide better affiliate information as further marketing partnerships (in development) emerge.

    Marketing Communications Officer, Erika Stanczak said, "The Company will continue to improve its online awareness and further its online marketing initiatives by testing various types of landing pages, adding interactive experiences to engage the consumer, providing education on various child health and safety topics, partnering with key social networking sites and employing affiliate programs with niche e-tailers; tactics designed to increase the number of qualified visitors to Kidz-Med's website and increase sales."

    Additionally, the Company, which donates time to charitable organizations on behalf of child safety, thanks Lumonall Inc. (BULLETIN BOARD: LUNL) and BioGold Fuels Corporation (BULLETIN BOARD: BIFC) for their joining the Company's effort to support National Safety Month.

    "We are pleased to see our peers join us in the spirit of social responsibility. Well done and continued success," said Dr. Tirotta.

    About American Scientific Resources, Inc.

    American Scientific Resources, Inc. is a leading provider of innovative health and safety products through its Kidz-Med, Inc. and Heart Smart System, Inc. subsidiaries. Kidz-Med distributes unique health and safety-related pediatric products, including the Kidz-Med Thermofocus(R) 5-in-1, the world's first clinical non-contact thermometer. Heart Smart supplies nutraceutical supplements developed to aid in the prevention of cardiovascular disease. For additional information, visit the corporate web site, http://www.americansci.com/.

    Notice Regarding Forward Looking Statements

    Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with Securities and Exchange Commission.

    Contact Investor Relations AudioStocks.com Ronald Garner Investor Hotline: 760-692-1167 ron@audiostocks.com For the Company American Scientific Resources Erika Stanczak 845-255-2200 estanczak@americansci.com

    Kidz-Med Inc.

    CONTACT: Investor Relations: AudioStocks.com, Ronald Garner, Investor
    Hotline, +1-760-692-1167, ron@audiostocks.com; or For the Company, Erika
    Stanczak, American Scientific Resources, +1-845-255-2200,
    estanczak@americansci.com

    Web site: http://www.kidzmed.com/
    http://www.futurenowinc.com/
    http://www.americansci.com/




    SMTC Corporation Schedules Second Quarter Results

    TORONTO, July 22 /PRNewswire-FirstCall/ -- SMTC Corporation (TSX: SMX), a global electronics manufacturing services (EMS) provider, has scheduled its second quarter results teleconference.

    The teleconference will be held on August 6, 2008 at 5:00 p.m. EDT. Those wishing to listen to the teleconference should access the webcast at the investor relations section of SMTC's website http://www.smtc.com/. A rebroadcast of the webcast will be available on SMTC's website following the teleconference.

    Participants should ensure that they have a current version of Microsoft Windows Media Player before accessing the webcast.

    Members of the investment community wishing to ask questions during the teleconference may access the teleconference by dialing 416-644-3421 or 800-731-5319 ten minutes prior to the scheduled start time. A rebroadcast will be available following the teleconference by dialing 416-640-1917 or 877-289-8525, pass code 21278656 followed by the pound key.

    About SMTC Corporation: SMTC Corporation, founded in 1985, is a mid-size provider of end-to-end electronics manufacturing services (EMS) including PCBA production, systems integration and comprehensive testing services, enclosure fabrication, as well as product design, sustaining engineering and supply chain management services. SMTC facilities span a broad footprint in the United States, Canada, and Mexico, and a partnering relationship in China, with over 1300 full time employees. SMTC services extend over the entire electronic product life cycle from the development and introduction of new products through to the growth, maturity and end-of-life phases. SMTC offers fully integrated contract manufacturing services with a distinctive approach to global original equipment manufacturers (OEMs) and emerging technology companies primarily within industrial, computing and communication market segments.

    SMTC is a public company incorporated in Delaware with its shares traded on the Nasdaq National Market System under the symbol SMTX and on the Toronto Stock Exchange under the symbol SMX. For further information on SMTC Corporation, please visit our website at http://www.smtc.com/ (http://www.smtc.com/)

    /Note for Investors: The statements contained in this release that are not purely historical are forward-looking statements which involve risk and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. These statements may be identified by their use of forward-looking terminology such as "believes", "expect", "may", "should", "would", "will", "intends", "plans", "estimates", "anticipates" and similar words, and include, but are not limited to, statements regarding the expectations, intentions or strategies of SMTC Corporation. For these statements, we claim the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995. Risks and uncertainties that may cause future results to differ from forward-looking statements include the challenges of managing quickly expanding operations and integrating acquired companies, fluctuations in demand for customers' products and changes in customers' product sources, competition in the EMS industry, component shortages, and others discussed in the Company's most recent filings with securities regulators in the United States and Canada. The forward-looking statements contained in this release are made as of the date hereof and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ materially from those projected in the forward-looking statements.

    SMTC Corporation

    CONTACT: Jane Todd, Senior Vice President, Finance and Chief Financial
    Officer, (905) 413-1300, Email: jane.todd@smtc.com




    Anacomp Named a Top Provider in Socha-Gelbmann Electronic Discovery SurveyCaseLogistix Receives High Ranking from End Users in Prestigious eDiscovery Industry Report

    SAN DIEGO, July 22 /PRNewswire-FirstCall/ -- Anacomp(R) Inc., a leading business process solutions company, today announced that it has been named a top electronic discovery service provider in the 2008 Socha-Gelbmann Electronic Discovery Survey, a prestigious, annual ranking of the leading solutions providers in the litigation support market. The inclusion of Anacomp and its CaseLogistix(R) litigation support software, which enables legal teams to quickly organize, review and produce digital evidence, indicates the success, satisfaction and reputation the company and solution have garnered with law firm and corporate client users. The rankings will appear in the August issue of Law Technology News.

    Initiated in 2003, the Socha-Gelbmann Electronic Discovery Survey examines the size, scope and growth of the electronic discovery market. For the report, the two analyst firms involved in its publishing, Socha Consulting and Gelbmann & Associates, gathered information through direct and confidential interviews from more than 150 vendors, law firms and corporations about the services and solutions they use and prefer; both overall and by stage of the discovery process using the Electronic Discovery Reference Model (EDRM; http://www.edrm.net/) framework. The firms evaluated over 350 qualitative and quantitative factors and segmented information by seven top-level categories -- experience, capacity, types of services, software usage, law firm rankings, corporate rankings, and revenue -- to create three separate reports; one for law firms, one for corporations, and one for services and software providers.

    "We feel that the providers included in this year's survey represent the best of the best, an elite group singled out from a field of well over 600 organizations that offer some form of electronic discovery services or software. These providers truly stand out among their law firm and corporate customers for the scope, quality, and depth of their offerings," said George J. Socha, Jr., Principal of Socha Consulting LLC. "Among the many criteria we considered, providers must have a broad offering, receive positive mention from respondents, and generate significant revenue from their electronic discovery solutions."

    "Our ranking in this prominent survey reflects CaseLogistix's success at understanding and surpassing the needs of our clients, who require a more flexible and dynamic approach to electronic discovery," said John Turner, Chief Technology Officer at Anacomp. "As we continue to expand the capabilities of our electronic discovery solutions, we will remain focused on delivering innovations that remove complexity, cost, and risk from discovery and review processes."

    Last year's 2007 Socha-Gelbmann Electronic Discovery Survey reported that the market for electronic discovery solutions grew 29 percent from 2007 to 2008. More information about the 2008 report can be found at http://www.sochaconsulting.com/2008survey.php

    CaseLogistix allows legal teams to quickly review and produce any amount of digital evidence using an interface similar to that of Microsoft(R) Outlook(R). The system is fully Unicode compliant and is able to recognize all foreign language character sets. Such capabilities offer strong differentiation over other litigation support solutions on the market and are highly desirable among larger, multi-national law firms and general counsel departments. Finally, CaseLogistix has been designed for native file review, empowering users to view over 150 file types without the need of third party file conversions or applications. By utilizing native file review processing, users can cut processing fees in half by eliminating the need to TIFF documents on the front end of the discovery process and produce associated text files.

    About Anacomp

    With 40 years of experience and a passionate commitment to client services, Anacomp partners with its customers to help them realize the full potential of their business processes at the lowest total cost of ownership. Possessing one of the world's largest online document repositories as well as a large, independent field services organization, Anacomp's offerings serve hundreds of original equipment manufacturing (OEM) partners and thousands of end users in insurance, financial services, government, legal, and other markets. Anacomp is headquartered in San Diego, with international headquarters in Wokingham, UK. For more information, visit http://www.anacomp.com/ or call (800) 364-9870.

    Anacomp and CaseLogistix are registered trademarks of Anacomp, Inc. All other trademarks or registered trademarks are the property of their respective owners.

    Anacomp, Inc.

    CONTACT: Rob Jensen, Senior Director of Marketing of Anacomp, Inc.,
    +1-858-716-3549, rob.jensen@anacomp.com

    Web site: http://www.anacomp.com/
    http://www.sochaconsulting.com/2008survey.php
    http://www.edrm.net/




    New 'Trusted Everywhere' Duracell Commercial Focuses On Child SafetyTV Spot Introduces New Duracell Powered BrickHouse Child Locator To Help Parents Protect Their Children

    BETHEL, Conn., July 22, 2008 /PRNewswire-FirstCall/ -- Imagine a sunny day in the park with your two children. You turn to see why one of them is crying and when you turn back, your other child is gone, nowhere to be seen. Launching in July as the newest ad in its highly recognized "Trusted Everywhere" campaign series, Duracell announces its partnership with BrickHouse Security and its Child Locator, an innovative child tracking device, with a scenario that every parent wants to avoid but can relate to -- losing track of their child in a crowded public place.

    With the U.S. Department of Justice reporting that more than 2,000 children may be reported missing in a single day, Duracell's "Trusted Everywhere" spot addresses an important issue and introduces a Duracell- powered device from BrickHouse Security that can help keep wandering children from becoming lost children. The commercial opens with a parent and her son arriving at the park for an enjoyable afternoon at the playground. Moments later, the parent starts to panic as she realizes that she does not see her son and frantically scans the park for him. She quickly pours out the contents of her purse to find the BrickHouse Child Locator with Long Distance Alert. In a matter of seconds, she locates her child thanks to the Duracell- powered device, and the scene closes with a happy ending -- parent reunited with her child.

    In keeping with previous campaign messages, this year's "Trusted Everywhere" spot underscores the importance of utilizing a reliable source of power for electronic devices -- the BrickHouse Child Locator can be trusted to work because it comes out of the box powered by Duracell batteries.

    "Our new television spot drives home Duracell's commitment to child safety," said Rick June, Duracell vice president and general manager. "We are proud to provide the trusted power of Duracell batteries to the BrickHouse Child Locator with Long Distance Alert to help parents keep their children safe."

    The TV spot marks the sixteenth commercial for the six-year old "Trusted Everywhere" campaign, which is airing on network and cable programs nation wide. As part of its ongoing efforts to provide the knowledge and tools to keep parents educated and children safer, Duracell is also making valuable information available to families from another one of its partners, the National Center for Missing & Exploited Children (NCMEC) at its Web site http://www.duracell.com/childsafety .

    About Duracell

    Part of the Procter & Gamble Company [NYSE: PG], Duracell has been powering people around the world for more than 40 years. Our products serve as the heart of devices that keep people connected, protect their families, entertain them and simplify their increasingly mobile lifestyles. As the world's leading manufacturer of high-performance alkaline batteries, Duracell also innovates in disposable, renewable and peripheral technologies and markets general purpose flashlights. Visit http://www.duracell.com/ for more information.

    About P&G

    Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers(R), Tide(R), Ariel(R), Always(R), Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R), Gain(R), Pringles(R), Folgers(R), Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R), Actonel(R), Duracell(R), Olay(R), Head & Shoulders(R), Wella(R), Gillette(R), and Braun(R). The P&G community consists of 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.

    About BrickHouse Security

    Headquartered in New York, BrickHouse Security www.brickhousesecurity.com is dedicated to assisting the public and government with their security, safety, protection, GPS tracking, covert surveillance, and counter- surveillance needs. Each day the Company and its products protect thousands of customers from around the world, utilizing innovative concepts and technologies to meet their growing needs. BrickHouse Security offers products designed solely for personal security, safety, prevention, and retrieval of everything consumers hold important to their hearts.

    Procter & Gamble

    CONTACT: Kurt Iverson of Duracell, +1-201-796-4669, iverson.k@pg.com; or
    Esther Kim of PainePR, +1-212-613-4910, ekim@painepr.com

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




    Sonic Solutions Announces Conference Call and Webcast for 1Q Fiscal 2009 Financial Results

    NOVATO, Calif., July 22 /PRNewswire-FirstCall/ -- Sonic Solutions(R) will release financial results for the first quarter of its 2009 fiscal year after the close of regular trading on Tuesday, August 12, 2008. Members of Sonic's management team will lead a conference call to discuss the results that day at 1:30 p.m. (PT) / 4:30 p.m. (ET).

    Date: Tuesday, August 12, 2008 Time: 1:30 p.m. (PT); 4:30 p.m. (ET)

    Dial-In: To participate in the conference call, interested parties may dial-in as follows:

    877-419-6593 (for domestic callers) 719-325-4858 (for international callers)

    A telephone replay will also be available shortly following the call on August 12, 2008 through midnight (PT) on August 15, 2008. The replay can be accessed by dialing 888-203-1112 (for domestic callers) or 719-457-0820 (for international callers) and entering the passcode: 5392414.

    Webcast: To listen to a live audio broadcast of the conference call via the Internet, visit the Investor Relations section of the Sonic Solutions website at http://www.sonic.com/. An archived version of the webcast will also be available through this site.

    About Sonic Solutions

    Sonic Solutions (Nasdaq: SNIC; http://www.sonic.com/) enables the creation, management, and enjoyment of digital media content through its Hollywood to Home(TM) products, services, and technologies. Sonic's products range from the advanced authoring systems used to produce Hollywood DVD and Blu-ray Disc titles to the award-winning Roxio-branded photo, video, music, and digital- media management applications and services. Sonic's patented technologies and AuthorScript(R) media engine are relied upon by leading technology firms to define rich media experiences on a wide array of consumer electronics, mobile devices, set-top players, retail kiosks, and PCs. Always an innovator, Sonic has taken a leading role in helping professional and consumer markets make the successful transition to the new high-definition media formats and, through the Qflix(TM) platform, Sonic is defining new models for the digital distribution of Hollywood entertainment. Sonic Solutions is headquartered in Marin County, California.

    Sonic, the Sonic logo, Sonic Solutions, AuthorScript, Hollywood to Home, Qflix, and Roxio are trademarks or registered trademarks of Sonic Solutions in the United States and/or other countries. All other company or product names are trademarks of their respective owners and, in some cases, are used by Sonic Solutions under license.

    Sonic Solutions

    CONTACT: Investors, Nils Erdmann, +1-415-893-7824,
    nils_erdmann@sonic.com, or Press, Chris Taylor, +1-408-367-5231,
    chris_taylor@sonic.com, both of Sonic Solutions

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




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

    MONTREAL, July 22 /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




    SIRIUS NFL Radio Training Camp Tour Kicks Off July 26Popular annual series will feature live on-site broadcasts from all 32 NFL team training camps, plus Hall of Fame Induction Ceremony

    NEW YORK, July 22 /PRNewswire-FirstCall/ -- SIRIUS Satellite Radio , the Official Satellite Radio Partner of the NFL, will kick off its fourth annual SIRIUS NFL Radio Training Camp Tour on July 26, offering the most extensive radio coverage of all 32 NFL team camps plus the 2008 Pro Football Hall of Fame Induction ceremony, leading up to the start of the NFL season.

    (Logo: http://www.newscom.com/cgi-bin/prnh/19991118/NYTH125)

    Over a three week period -- July 26 to August 14 -- SIRIUS NFL Radio hosts will broadcast exclusive shows live on location from all 32 NFL training camp sites around the country, giving listeners access to their favorite teams and players as they engage in two-a-day practices and full contact drills to prepare for the coming season. SIRIUS' NFL insiders will provide an expert look at every team, interview players, coaches and franchise executives, and evaluate everything from the performances of fresh-out-of college rookies to the intense head-to-head competitions for starting roles. All shows air exclusively on SIRIUS NFL Radio channel 124.

    On Saturday, July 26, the tour launches with back-to-back shows from the training camps of the New York Jets and the World Champion New York Giants. Former NFL defensive lineman Tim Ryan and longtime NFL front office executive Pat Kirwan will provide SIRIUS listeners with a first look at the defending Super Bowl champs when they host The End Zone live (2:00-6:00pm ET) from the Giants' camp at the University at Albany in upstate New York. Immediately before The End Zone, veteran SIRIUS personality Adam Schein and former NFL lineman Ross Tucker will host The SIRIUS Blitz live (11:00am-2:00pm ET) from the Jets' camp at Hofstra University in Hempstead, NY.

    In addition to Ryan, Kirwan, Schein and Tucker, other SIRIUS hosts featured on the tour will include Gil Brandt, the longtime Pro Personnel exec for the Dallas Cowboys, former players Randy Cross, Shannon Sharpe, Solomon Wilcots and Jim Miller, former NFL coach Dean Dalton, plus NFL experts Vic Carucci, Zig Fracassi, Howard Balzer, Paul Allen and Steve Cohen.

    A full schedule detailing show times, hosts and locations appears below.

    On Saturday, August 2, SIRIUS will present a full day of live coverage from the Pro Football Hall of Fame in Canton, OH for the 2008 induction ceremonies. SIRIUS' coverage will include live primetime coverage of the enshrinement of the class of 2008 -- which includes former 49ers DE Fred Dean, former Redskins DB Darrell Green, former Redskins WR Art Monk, former Chiefs DB Emmitt Thomas, former Patriots LB Andre Tippett and former Broncos T Gary Zimmerman.

    The following day, August 3 at 8:00pm ET, SIRIUS will broadcast the first game of the 2008 NFL campaign -- the Pro Football Hall of Fame Game in Canton, featuring the Indianapolis Colts vs. the Washington Redskins. SIRIUS will offer the local radio broadcasts of the Colts (channel 126) and Redskins (channel 127), plus the national radio broadcast (channel 124).

    As the Official Satellite Radio Partner of the NFL, SIRIUS broadcasts every NFL game live nationwide, from the pre-season through the Super Bowl and Pro Bowl. Listeners can hear home and visiting team broadcasts, national radio broadcasts and Spanish-language broadcasts for select games. SIRIUS listeners can also tune into SIRIUS NFL Radio, channel 124, the only radio channel dedicated to the NFL 24 hours a day, 365 days a year.

    2008 SIRIUS NFL Radio Training Camp Tour Schedule: (All times ET) Sat, July 26: New York Jets, Hempstead, NY 11am-2pm The SIRIUS Blitz with Adam Schein and Ross Tucker New York Giants, Albany, NY 2-6pm The End Zone with Tim Ryan, Pat Kirwan Sun, July 27: New England Patriots, Foxborough, MA 12-4pm The End Zone with Tim Ryan and Pat Kirwan Mon, July 28: Chicago Bears, Bourbonnais, IL 10am-1pm The SIRIUS Blitz with Howard Balzer and Jim Miller Buffalo Bills, Pittsford, NY 3-7pm Movin' The Chains with Tim Ryan and Pat Kirwan San Diego Chargers, San Diego, CA 7-10pm Late Hits with Vic Carucci and Gil Brandt Tue, July 29: Indianapolis Colts, Terre Haute, IN 12-3pm The Red Zone with Solomon Wilcots and Jim Miller Detroit Lions, Allen Park, MI 3-7pm Movin' The Chains with Tim Ryan and Pat Kirwan Dallas Cowboys, Oxnard, CA 7-10pm Late Hits with Vic Carucci and Gil Brandt Wed, July 30: Cincinnati Bengals, Georgetown, KY 12-3pm The Red Zone with Solomon Wilcots and Jim Miller Cleveland Browns, Berea, OH 3-7pm Movin' The Chains with Tim Ryan and Pat Kirwan Thu, July 31 Tennessee Titans, Nashville, TN 12-3pm The Red Zone with Solomon Wilcots and Jim Miller Pittsburgh Steelers, Latrobe, PA 3-7pm Movin' The Chains with Tim Ryan and Pat Kirwan Fri, Aug. 1: New Orleans Saints, Jackson, MS 12-3pm The Red Zone with Solomon Wilcots and Jim Miller Sat, Aug. 2: Pro Football Hall of Fame, Canton, OH Live coverage of the 2008 enshrinement ceremonies begins at 11am Sun, Aug. 3: AFC-NFC Hall of Fame Game: Indianapolis vs. Washington 8pm on SIRIUS channels 124, 126 and 127 Mon, Aug. 4: Atlanta Falcons, Flowery Branch, GA 7-10am The Opening Drive with Randy Cross and Shannon Sharpe Seattle Seahawks, Kirkland, WA 12-3pm The SIRIUS Blitz with Adam Schein and Solomon Wilcots Carolina Panthers, Spartanburg, SC 3-7pm Movin' The Chains with Tim Ryan and Pat Kirwan Tue, Aug. 5: Denver Broncos, Englewood, CO 1-3pm The SIRIUS Blitz with Adam Schein and Solomon Wilcots Jacksonville Jaguars, Jacksonville, FL 3-7pm Movin' The Chains with Tim Ryan and Pat Kirwan Wed, Aug. 6: Washington Redskins, Ashburn, VA 10am-1pm The SIRIUS Blitz with Adam Schein and Solomon Wilcots Tampa Bay Buccaneers, Lake Buena Vista, FL 3-7pm Movin' The Chains with Tim Ryan and Pat Kirwan Thu, Aug. 7: Houston Texans, Houston, TX 1-3pm The Red Zone with Vic Carucci and Gil Brandt Miami Dolphins, Davie, FL 3-7pm Movin' The Chains with Tim Ryan and Pat Kirwan Mon, Aug. 11: Baltimore Ravens, Westminster, MD 10am-1pm The SIRIUS Blitz with Adam Schein and Ross Tucker Minnesota Vikings, Mankato, MN 1-3pm The Red Zone with Paul Allen and Dean Dalton Arizona Cardinals, Flagstaff, AZ 3-7pm Movin' The Chains with Steve Cohen and Pat Kirwan Tue, Aug. 12: Kansas City Chiefs, River Falls, WI 10am-12pm The Red Zone with Vic Carucci and Gil Brandt Philadelphia Eagles, Bethlehem, PA 12-3pm The SIRIUS Blitz with Adam Schein and Ross Tucker Oakland Raiders, Napa Valley, CA 3-7pm Movin' The Chains with Steve Cohen and Pat Kirwan Wed, Aug. 13: St. Louis Rams, Mequon, WI 1-3pm The Red Zone with Vic Carucci and Gil Brandt San Francisco 49ers, Santa Clara, CA 3-7pm Movin' The Chains with Tim Ryan and Pat Kirwan Thu, Aug. 14: Green Bay Packers, Green Bay, WI 1-3pm The Red Zone with Vic Carucci and Gil Brandt ** Schedule subject to change. **

    Visit http://www.sirius.com/nfl to get a detailed tour map featuring camp locations, dates, times and featured hosts.

    About SIRIUS

    SIRIUS, "The Best Radio on Radio," delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL and NASCAR, and broadcasts live play-by-play games of the NFL as well as live NASCAR races. All SIRIUS programming is available for a monthly subscription fee of only $12.95.

    SIRIUS Internet Radio (SIR) is an Internet-only version of the SIRIUS radio service, without the use of a radio, for the monthly subscription fee of $12.95. SIR delivers more than 80 channels of talk, entertainment, sports, and 100% commercial free music.

    SIRIUS Backseat TV (TM) is the first ever live in-vehicle rear seat entertainment featuring three channels of children's programming, including Nickelodeon, Disney Channel and Cartoon Network, for the subscription fee of $6.99 plus applicable audio subscription fee.

    SIRIUS products for the car, truck, home, RV and boat are available at shop.sirius.com and in more than 20,000 retail locations, including Best Buy, Circuit City, Crutchfield, Target, Wal-Mart, Sam's Club and RadioShack.

    As of December 31, 2007, SIRIUS radios were available as a factory and dealer-installed option in 116 vehicle models and as a dealer only-installed option in 37 vehicle models.

    SIRIUS has agreements with Aston Martin, Audi, Automobili Lamborghini, Bentley, BMW, Chrysler, Dodge, Ford, Jaguar, Jeep, Kia, Land Rover, Lincoln, Maybach, Mazda, Mercedes-Benz, Mercury, MINI, Mitsubishi, Rolls-Royce, Volvo, and Volkswagen to offer SIRIUS radios as factory or dealer-installed equipment in their vehicles. SIRIUS has relationships with Toyota and Scion to offer SIRIUS radios as dealer-installed equipment, and a relationship with Subaru to offer SIRIUS radios as factory or dealer-installed equipment. SIRIUS radios are also offered to renters of Hertz vehicles at airport locations nationwide.

    Click on http://www.sirius.com/ to listen to SIRIUS live, or to purchase a SIRIUS radio and subscription.

    Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2007 filed with the Securities and Exchange Commission. Among the significant factors that could cause our actual results to differ materially from those expressed are: our pending merger with XM Satellite Radio Holdings, Inc. ("XM"), including related uncertainties and risks and the impact on our business if the merger is not completed; any events which affect the useful life of our satellites; our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming providers; and our competitive position versus other audio entertainment providers.

    P - SIRI MEDIA CONTACT: Andrew FitzPatrick SIRIUS 212.901.6693 afitzpatrick@siriusradio.com

    Photo: http://www.newscom.com/cgi-bin/prnh/19991118/NYTH125
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com SIRIUS Satellite Radio

    CONTACT: Andrew FitzPatrick, of SIRIUS, +1-212-901-6693,
    afitzpatrick@siriusradio.com

    Web Site: http://www.sirius.com/
    http://www.sirius.com/nfl




    /C O R R E C T I O N -- Shenandoah Telecommunications Company/In the news release, "Shenandoah Telecommunications Company (Nasdaq: SHEN) To Release Second Quarter 2008 Results and Hold Conference Call on August 7, 2008," issued earlier today by Shenandoah Telecommunications Company over PR Newswire, we are advised by the company that the second paragraph includes dial-in conference call information that was not included in the original release. Complete, corrected release follows:Shenandoah Telecommunications Company To Release Second Quarter 2008 Results and Hold Conference Call on August 7, 2008

    EDINBURG, Va., July 22 /PRNewswire-FirstCall/ -- Shenandoah Telecommunications Company will release its second quarter 2008 financial results before the market opens on August 7, 2008. The company will host a conference call and simultaneous webcast at 11:00 a.m. Eastern Time / 10:00 a.m. Central Time on the same day.

    The call is being webcast and can be accessed from the "Investor Relations" section of the company's website ( http://www.shentel.com/ ). The webcast and a transcript of the call will also be archived on the company's website. If you do not have internet access, the conference call dial-in number is 1-866-733-4780 and the pass code is 56431120. International parties can access the call by dialing 1-702-696-5033 and entering pass code 56431120. A telephonic replay of the conference call will also be available starting two hours after completion of the call until August 18, 2008 at noon ET. To hear the replay, parties in the United States and Canada should call 1-800-642-1687 and international parties should call 1-706-645-9291 and enter pass code 56431120.

    About Shenandoah Telecommunications

    Shenandoah Telecommunications Company is a holding company that provides a broad range of telecommunications services through its operating subsidiaries. The Company is traded on the NASDAQ National Market under the symbol "SHEN." The Company's operating subsidiaries provide local and long distance telephone, Internet and data services, cable television, wireless voice and data services, alarm monitoring, and telecommunications equipment, along with many other associated solutions in the Mid-Atlantic and Southeastern United States.

    For further information, please contact Adele M. Skolits at 540-984-5161.

    Shenandoah Telecommunications Company

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




    ComScore Report Shows That LoopNet's Commanding Lead Among Online Commercial Real Estate Websites Continues to Expand- LoopNet.com Generated 6.3 Times the Unique U.S. Visitor Traffic of Any Other Commercial Real Estate Website in June 2008 -

    SAN FRANCISCO, July 22 /PRNewswire-FirstCall/ -- LoopNet, Inc. , which operates the largest online commercial real estate marketplace with more than 2.75 million registered members, has increased its leadership position as the most heavily trafficked commercial real estate website. ComScore Media Metrix reported for June 2008 that LoopNet.com generated 859,000 unique U.S. visitors during the month, expanding its lead to 6.3 times the unique monthly U.S. visitor traffic than any other online commercial real estate listing service.

    The June comScore report reflects a continued positive trend in relative traffic increases for the LoopNet marketplace. According to comScore, LoopNet generated 5.5 times the unique U.S. visitor traffic than any other commercial real estate website in May 2008 and 3.9 times the unique U.S. visitor traffic for June 2007.

    "We are extremely pleased that the LoopNet marketplace continues to extend its unquestioned lead as the most heavily trafficked commercial real estate website," said Thomas Byrne, LoopNet's President and COO. "With more than 6 times the unique U.S. visitors according to comScore, we are confident that LoopNet delivers exceptional marketing value relative to other commercial real estate marketing options. We also have heard from clients that in this challenging economic environment they expect and demand quantifiable results from their marketing dollars. LoopNet delivers on those client needs by offering unparalleled marketing exposure and the largest commercial real estate audience."

    The LoopNet marketplace, available at http://www.loopnet.com/, covers all commercial property categories, including office, industrial, retail, multifamily (apartment properties for sale), hotel, land, specialty properties, investment properties and businesses for sale. LoopNet has more than 2.75 million registered members and the LoopNet marketplace features more than $500 billion of property available for sale and 4.3 billion square feet of space for lease. According to comScore Media Metrix, LoopNet is the most heavily trafficked commercial real estate website, with more than 910,000 average monthly unique visitors in the first six months of 2008.

    About LoopNet

    LoopNet, Inc. is the leading online marketplace for commercial real estate and businesses for sale in the United States. Our online marketplace enables commercial real estate agents, working on behalf of property owners and landlords, to list properties for sale or for lease by submitting detailed property listing information in order to find a buyer or tenant. Commercial real estate brokers, agents, buyers and tenants use the LoopNet online marketplace to search for available property listings that meet their commercial real estate criteria. By connecting the sources of commercial real estate supply and demand in an efficient manner, LoopNet enables commercial real estate participants to initiate and complete more transactions more cost-effectively than through other means. LoopNet also delivers technology and information services to commercial real estate organizations to manage their online listing presence and optimize property marketing.

    LoopNet customers include virtually all of the top commercial real estate firms in the U.S., including CB Richard Ellis, Century 21 Commercial, Coldwell Banker Commercial, Colliers International, The CORE Network, Cushman & Wakefield, First Industrial Realty Trust, Grubb & Ellis, Lincoln Property Company, Marcus & Millichap, NAI Global, ONCOR International, Prudential CRES, RE/MAX, Sperry Van Ness, The Staubach Company and TCN Worldwide.

    LoopNet also owns and operates BizBuySell.com, the largest and most heavily trafficked online exchange for businesses for sale in North America, with more business listings, users and search activity than any other website. BizBuySell also has the largest database of sale comparables for recently sold businesses.

    Forward-Looking Statements

    This release contains forward-looking statements regarding LoopNet's online commercial marketplace, our customers, our strategic alliances, the continuing adoption of the Internet to market and search for commercial real estate and the value we provide to our members. These statements are based on current information and expectations that are inherently subject to change and involve a number of risks and uncertainties. Actual events or results might differ materially from those in any forward-looking statement due to various factors, including, but not limited to, economic events or trends in the commercial real estate market or in general, our ability to continue to attract unique visitors to our website, our ability to obtain or retain listings from commercial real estate brokers, agents and property owners, competition from current or future companies, our ability to continue to attract new registered members, convert them into Premium Members and retain such Premium Members, our ability to receive timely and accurate sales data from our partners, seasonality, our ability to manage our growth and our ability to introduce new or upgraded products or services and customer acceptance of such services. Additional information concerning factors that could cause actual events or results to differ materially from those in any forward-looking statement is contained in our filings with the Securities and Exchange Commission (SEC). Copies of filings made by us with the SEC are available on the SEC's website or at http://investor.loopnet.com/sec.cfm. LoopNet does not intend to update the forward-looking statements included in this press release that are based on information available to us as of the date of this release.

    LoopNet, Inc.

    CONTACT: Cary Brazeman, +1-310-205-3590, pr@LoopNet.com, for LoopNet,
    Inc.

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




    Create the Future Design Contest Opens for Entries: Competition Sponsored by SolidWorks and Tech Briefs Media Group Spurs Engineers to Put Their Innovations on Display for US$20,000 Grand Prize

    NEW YORK, July 22 /PRNewswire/ --

    Celebrating the "a-ha!" moment latent in every product designer and engineer, the Create the Future Design Contest sponsored by SolidWorks Corporation and Tech Briefs Media Group is accepting entries from inventors around the world.

    Engineers and product designers have until Oct. 17, 2008 to submit their ideas for the next invention that could change how we work, play, and live. In its seventh year, the contest celebrates entrants' abilities to explore new ways to design the, as yet, unimagined. Aside from the US$20,000 grand prize, the contest will award a new powerful HP workstation to each of the category winners, and US$100 to the top 6 most popular entries. To submit an entry or find out more information about the Create the Future Design Contest, visit www.createthefuturecontest.com. Other contest co-sponsors include COMSOL, Hewlett-Packard, and National Instruments.

    Contest entrants have six categories from which to choose: machinery, equipment, and component technology; consumer products; medical; safety and security; transportation; and sustainable technologies. A panel of expert judges will evaluate entries based on innovation, marketability, manufacturability, and cost effectiveness. Winning ideas can include products that are entirely conceptual, or in prototyping or early production. The key criteria will be bold alternatives to conventional approaches.

    Qualified entries will include a text description (500 words or less) on an idea for a mechanical or electro-mechanical product in the categories above. They should also include a 30-word abstract of the idea and a 30-word description of the problem solved. Finally, they should have one or more visual illustrations (regardless of format, i.e., CAD file, sketch, etc.) of the idea.

    "In six years this contest has been the seed bed for innovative designs that could someday be ubiquitous," said Joe Pramberger, president of Tech Briefs Media Group. "Last year's contest set a record with nearly 1,000 entries and we expect 2008 to be even bigger."

    About Tech Briefs Media Group

    The Tech Briefs Media Group is publisher of NASA Tech Briefs, the largest-circulation design-engineering magazine worldwide and Defense Tech Briefs, the largest-circulation engineering magazine for the mil/aero market. Combined, these products reach over 600,000 engineers and managers worldwide.

    Through organic growth, the Tech Briefs Media Group product line has grown to include print/digital advertising, email/web products, virtual events, seminars & conferences, custom media and content related advertising. Additional products include Photonics Tech Briefs, Imaging Technology, Motion Control Technology, Defense Tech Briefs, RF & Microwave Technology and Embedded Technology. For more information, visit: www.techbriefsmediagroup.com.

    About SolidWorks Corporation

    SolidWorks Corporation, a Dassault Systemes S.A. (Nasdaq: DASTY, Euronext Paris: #13065, DSY.PA) company, develops and markets software for design, analysis, and product data management. It is the leading supplier of 3D CAD technology, giving teams intuitive, high-performing software that helps them design better products. For the latest news, information, or an online demonstration, visit the company's Web site (www.solidworks.com) or call +1-800-693-9000 (outside of North America, call +1-978-371-5000).

    Web site: http://www.techbriefsmediagroup.com http://www.solidworks.com http://www.createthefuturecontest.com

    Tech Briefs Media Group

    Joe Pramberger, President, Tech Briefs Media Group, +1-212-490-3999, joe@abpi.net




    Verizon Names Andres Irlando to Lead Company's Public Policy Initiatives in New York and ConnecticutIrlando Will Oversee Public Policy, Government and External Affairs Matters in New York and Connecticut

    NEW YORK, July 22 /PRNewswire/ -- Verizon today announced that Andres Irlando, currently vice president of public policy, has been appointed senior vice president of the New York region, which includes Connecticut.

    Irlando will oversee Verizon's public policy, external affairs and regulatory matters in New York and Connecticut.

    "Andres is driven by a passion for new challenges and dedicated to success," said Colleen McCloskey, Verizon senior vice president -- state public affairs, policy and communications. "I am confident that his strategic approach, together with his unique combination of private, public and nonprofit-sector experience, will advance our business and strengthen our community ties."

    Irlando succeeds Monica Azare, who was tapped recently to lead Verizon's corporate employee communications function. Azare, who delivered strong results for the business by securing the New York City video franchise and 124 franchises statewide, will be responsible in her new position for strengthening the company's corporate culture and working closely with Verizon's senior leadership team to drive results.

    Irlando has most recently served as vice president -- public policy for Verizon, based in Basking Ridge, N.J.

    "There is no marketplace more competitive or significant to Verizon than the New York region," Irlando said. "I look forward to working with the team to help Verizon provide the best possible products and services to our customers."

    After joining Verizon in 2005 as director -- state government relations, Irlando led a number of successful state public policy initiatives, including video choice legislation in California. He had previously served as president of the Cesar E. Chavez Foundation in Los Angeles, where he directed all corporate and government relations for the foundation, including raising $65 million for the National Chavez Center. He also had previously served on the senior management team for GovWorks, an Internet company providing Web-based products and services to local and state government, and worked as an attorney at the law firm of O'Melveny and Myers in San Francisco.

    Irlando received a bachelor's degree in 1994 from Harvard College and a doctor of jurisprudence degree from Stanford Law School in 1998. He resides with his wife and children in New York City.

    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: John Bonomo of Verizon, +1-212-321-8033,
    john.j.bonomo@verizon.com

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

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




    Microsoft Transforms Community Game Developers Into EntrepreneursXbox 360 creates marketplace for user-generated content with Xbox LIVE Community Games.

    SEATTLE, July 22 /PRNewswire-FirstCall/ -- During the keynote address today at the Gamefest 2008 Microsoft Game Technology Conference, Microsoft Corp. revealed that it will allow anyone to turn the hobby of game-making into a full-fledged career. Through what is now officially called "Xbox LIVE Community Games," Microsoft makes its marketplace of millions available to members of the XNA Creators Club to create, sell and share in the profits generated by their unique creations.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

    Microsoft has already opened up game development to the masses by offering the easy-to-use, affordable XNA Game Studio toolset. With this newly announced business model, Microsoft will have truly democratized game distribution by enabling XNA Creators Club members to participate in the multibillion-dollar- a-year console gaming industry.

    Newly appointed to his role as chief technology officer of Microsoft's Interactive Entertainment Business Group, Chris Satchell said the business model was designed to create the best possible experience for both consumers and developers. Community games that have been submitted by XNA Creators Club Premium members and have successfully passed a rigorous peer-review system will be added to the Xbox LIVE Marketplace catalog for sale to consumers. Creators will be able to choose from three suggested preset retail price points varying from 200 to 800 Microsoft Points to sell their creations and will receive up to 70 percent of the total revenue generated by their game.

    "Not only are we democratizing game development with Xbox LIVE Community Games later this year, but we're creating an opportunity for aspiring developers to start their careers on the world stage," Satchell said. "It is really a win for both developers and consumers because this will no doubt act as an incentive for game creators to continue to develop the best, most innovative games for Xbox 360."

    A host of new and creative ideas are already appearing on the Xbox LIVE Community Games beta. When the service launches for consumers this fall, community-created games on Xbox LIVE are expected to double the size of the Xbox 360 video game library, offering some of the most inventive, quirky and unexpected games ever seen on consoles. By the end of 2008, Xbox 360 owners are expected to have access to the largest, most creatively diverse game library across all next-generation platforms, with more than 1,000 titles spanning Community Games, Xbox LIVE Arcade and retail blockbuster titles.

    When the bold new Xbox experience, a re-launch of the largest online social network on TV that is fun and approachable, is released late this fall, the Community Games storefront will be an easy-to-use addition to the existing marketplace on Xbox LIVE. The new Community Games channel is currently scheduled to launch in the United States, Canada and select European markets later this year. Other regions will be added over the course of 2009 and beyond. Consumers will also be able to view and rate community games on Xbox.com, watch trailers, and even play a trial of each game before buying it.

    "Since first launching XNA Game Studio in 2006, we have been working hard on improving the toolset and building resources for the community, and the response has been amazing. To date, we've had more than 1 million downloads of XNA Game Studio and adoption in more than 700 universities," said Boyd Multerer, general manager of XNA. "For some perspective, the incredible creative community we've unleashed worldwide is more than 25 times the number of professional developers in the industry."

    Microsoft also is giving aspiring developers a hand with the second annual Dream-Build-Play game development contest based on XNA Game Studio projects. The competition will yield prizes in excess of $70,000 and an opportunity for one of the winners to sign an Xbox LIVE Arcade publishing contract. Three of last year's top performers and winners, "The Dishwasher: Dead Samurai," "Blazing Birds" and "Yo Ho Kablammo!" from the United States, Canada, Sweden and United Kingdom, respectively, are all slated for release on Xbox LIVE Arcade in the near future. For more details and Dream-Build-Play Official Rules, see http://www.dreambuildplay.com/main/Rules.aspx. For more information on XNA Game Studio, head over to http://creators.xna.com/.

    Gamefest 2008

    Microsoft leads the industry in helping game developers create amazing games for Xbox 360 and Windows. Gamefest 2008, scheduled for July 22 and 23, will feature 120 sessions spanning 11 tracks to help game developers, producers and publishers improve their skills, learn about new development techniques, and pick up powerful new tools to assist with building the best games possible and engage the community.

    About XNA

    XNA helps developers access the largest installed base by providing professional-quality tools, support and solutions that can be used across Microsoft gaming platforms. Developers get access to broader distribution channels while shortening time to market. With intuitive, efficient and innovative cross-platform tools, XNA lets you develop once and distribute broadly. More information can be found at http://www.xna.com/.

    About Xbox 360

    Xbox 360 is a premier video game and entertainment system. It is home to the best and broadest games plus more standard and high-definition movies and TV shows on demand than any other device connected to the TV. The digital center of the living room, Xbox 360 blends unbeatable content, including personal pictures and music, with a unified online social network to create a limitless entertainment experience that can be shared at home or across the globe. More information can be found online at http://www.xbox.com/xbox360.

    About Microsoft

    Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Microsoft

    CONTACT: Jeremy Bartram, +1-206-268-2234, jeremy.bartram@edelman.com, or
    Jessica Lange, +1-323-202-1419, jessica.lange@edelman.com, both of Edelman,
    for Microsoft

    Web site: http://www.microsoft.com/
    http://www.xna.com/
    http://www.xbox.com/xbox360




    Online Casual Gaming Anything but Casual, MTV Networks Study Finds'An Exploration of Online Casual Gaming' Finds Strong Emotional and Physical Engagement with Online Games Across Nearly Every Age Group

    NEW YORK, July 22 /PRNewswire/ -- Online casual gaming holds an exclusive place in the lives of gamers' of nearly all ages because it is both emotionally and physically engaging, according to MTV Networks' new study: "An Exploration of Online Casual Gaming."

    As part of the study, 3,520 interviews were conducted among gamers from ages 8 to 60 in five different demographic groups: Kids and Tweens; Teens; Young Adults; Adults; and Boomers. While all of the groups were actively involved with gaming, they had different reasons for being strongly connected to online casual games. Younger gamers participated to do things they can't do in real life. Among adults, moms used games as "my time" to relax and escape, while dads used games to recharge themselves and compete. Boomers said they felt physically transformed after playing online because the games kept their minds sharp and refreshed.

    "Whether it's competition, aspiration or relaxation, online casual games often serve necessary emotional and physical functions for gamers, making these games more 'crucial' than 'casual' for those who play most," said Colleen Fahey Rush, MTVN's Executive Vice President of Research. "While the reasons for playing vary among age groups, it's clear that online casual games play an important and often essential part in the lives of gamers."

    Among the entire study, seven in 10 surveyed were frequent visitors to casual gaming sites, visiting at least once a week. The field spent an average of 12 days per month on the sites and 92 minutes per visit. Gamers treat casual gaming sites in a far from casual way, as three in four surveyed spent at least a half hour on each visit to gaming sites. Adults and Boomers were the most likely to visit casual gaming sites every day, as nearly half of the group visited regularly, according to the study.

    Segmenting the Casual Gaming Market

    MTVN's casual gaming study found six different segments of casual gamers: Time Fillers; Rechargers; Virtual Me; Gaming Enthusiasts; Guilty Pleasurists; and Average Joe Wannabees. The Time Fillers came from all age groups, but were most likely to include stay-at-home moms who said that gaming was the perfect way to kill time when there was "nothing better to do." Rechargers spent 92 minutes playing games every other day, which was the highest among all of the groups, and consisted largely of adults and boomers who rewarded themselves with games that left them refreshed and energized. The Virtual Me segment -- mostly Kids and Tweens -- used the games as an opportunity to do things they couldn't do in real life, from flying to caring for a pet. The Gaming Enthusiasts, which mostly included Kids, Tweens and Boomers, appreciated the adventure and accomplishment that accompanied casual games and spent 88 minutes every other day engaged with them online.

    Guilty Pleasurists love the fact that gaming is a great way to "blow off some steam," however they do have some associated guilt as it can often take them away from other things they feel they should be doing. Despite their hesitation, the group -- consisting mostly of students -- still averaged 75 minutes of gaming two times per week. The Average Joe Wannabees spent an average of 80 minutes playing every other day, but they didn't want to tell anyone about their gaming obsessions. The majority of the group was constructed of Teens, Kids and Tweens.

    "This study proves that the conventional wisdom around who plays online casual games doesn't match the new reality," said Dave Williams, Senior Vice President and General Manager, Nickelodeon Kids and Family Games Group. "Casual games continue to gain broader appeal across demos and, as a result, the opportunity to serve more audiences and capture more value from these games is greater than ever before."

    Where and What They Play

    The study found that online gamers talk about and share their favorite games, with 49 percent of those surveyed claiming they find gaming sites through friends. Search also plays a big role, with 40 percent of respondents utilizing search engines to find games sites. No single site dominated the casual gaming category, but there was high satisfaction among all of the sites that were used. The most popular gaming destinations listed by the surveyed group were gaming-specific sites and included MTVN's Shockwave.com (http://www.shockwave.com/) and AddictingGames.com (http://www.addictinggames.com/), both of which recently introduced new site-wide community features. Action and adventure games were most popular with Kids and Tweens, while puzzle games were the favorite among Adults and Boomers preferred card and casino games.

    The Role of Advertising

    Of those surveyed, 90 percent preferred having advertising on gaming sites to paying a fee for games and many were open to branded games. Surprisingly, dads were the group most willing to pay for games, which was echoed by the fact that overall, males were more likely to pay for games than females.

    Dads also had the best reaction to branded games, as 34 percent of them held a better impression of a product or brand after playing a sponsored game. Overall, the study concluded that consumers react positively to branded games in which the product and message are integrated and game is fun.

    The complete results of the study are available upon request.

    MTVN's Nickelodeon Kids and Family Group is home to Addicting Games and Shockwave, the preeminent social gaming sites on the Web. AddictingGames is the number one independent gaming site, coming off its best month ever in June 2008 with 10.7 million unique visitors, who spent on average of 30.5 minutes on the site during each visit (comScore Media Metrix). Shockwave, the original casual gaming site, hosts more than 400 games, including more than 100 exclusive self published titles.

    About MTV Networks

    MTV Networks, a unit of Viacom , is one of the world's leading creators of programming and content across all media platforms. MTV Networks, with more than 150 channels worldwide, owns and operates the following television programming services -- MTV: MUSIC TELEVISION, MTV2, VH1, mtvU, NICKELODEON, NICK at NITE, COMEDY CENTRAL, TV LAND, SPIKE TV, CMT, LOGO, NOGGIN, THE N, VH1 CLASSIC, MTVN INTERNATIONAL and THE DIGITAL SUITE FROM MTV NETWORKS, a package of 13 digital services, all of these networks trademarks of MTV Networks. MTV Networks connects with its audiences through its robust consumer products businesses and its more than 300 interactive properties worldwide, including online, broadband, wireless and interactive television services and also has licensing agreements, joint ventures, and syndication deals whereby all of its programming services can be seen worldwide.

    MTV Networks

    CONTACT: Mark Jafar of MTV Networks, +1-212-846-8961,
    mark.jafar@mtvstaff.com

    Web Site: http://www.addictinggames.com/
    http://www.mtv.com/
    http://www.shockwave.com/




    AT&T Delivers Virtual Front Row Seats to LollapaloozaAT&T blue room to Stream Live On-Demand Performances Aug. 1-3, 2008

    DALLAS, July 22 /PRNewswire-FirstCall/ -- For insider access to the hottest alternative, hip hop, indie and punk rock acts of the summer, look no further than your PC.

    AT&T Inc. today announced that the company will, once again, deliver an exclusive webcast of the Lollapalooza Music Festival (http://www.lollapalooza.com/) via AT&T blue room (http://www.attblueroom.com/). Select performances will be available daily Aug. 1-3 and archived on blue room for a limited time. A complete performance lineup for the webcast of Lollapalooza 2008 will soon be available at http://www.attblueroom.com/.

    "Today's music fans are looking for new ways to enjoy their favorite artists when, where and how they want," said Dan York, head of Content and Programming, AT&T. "We are happy to be able to deliver great performances -- like those from Lollapalooza -- to our customers."

    Jamie Butcher, vice president of Brand Sponsorship for AT&T, added: "Lollapalooza brings some of the biggest names in music together with fans from coast to coast for an exciting weekend of live performances. We're thrilled to be able to share the sights and sounds of Lollapalooza to even more music lovers throughout the country via our exclusive webcast on the blue room."

    In addition to Lollapalooza, AT&T will offer an exclusive webcast of the upcoming Austin City Limits Music Festival (Austin, Texas) Sept. 26-28, 2008. Additional festival webcasts will be added to blue room throughout the next several months.

    Lollapalooza is an annual three-day music festival held in Chicago's historic Grant Park. With Lake Michigan and downtown Chicago's skyline setting the backdrop for the multistage event, Lollapalooza 2008 will showcase some of the most respected artists in every genre of music -- from rock and indie to funk and hip-hop.

    The blue room is an online music and sports destination that helps drive sales of the company's core offerings -- high speed Internet, wireless, voice and video -- while building an affinity for the AT&T brand in the entertainment space. For the complete array of AT&T offerings, visit http://www.att.com/.

    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/.

    (C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.

    This AT&T release and other news 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: Sean Lashley of AT&T Inc., +1-314-982-1746, or wireless,
    +1-618-444-0707, slashley@attnews.us

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




    RiT Technologies Announces $4 Million Private Placement

    TEL AVIV, Israel, July 22 /PRNewswire-FirstCall/ -- RiT Technologies today announced that it has entered into a binding Memorandum of Understanding ("MOU") with STINS COMAN Incorporated, the Company's controlling shareholder, for a private issuance by the Company of newly issued ordinary shares of the Company.

    As announced on June 13, 2008, RiT entered into a short-term loan agreement with STINS COMAN, pursuant to which STINS COMAN will extend to RiT an unsecured loan of up to $4 million at an annual interest rate of 2.47%. Pursuant to the MOU, the outstanding loan amount and the interest accrued thereon will convert, at the closing, into ordinary shares of the Company at a conversion price of $0.65 per share. The conversion price represents a premium of 25% over the closing price of the ordinary shares as reported on Nasdaq on July 18, 2008, the last trading day before the approval of the transaction by the Audit Committee and Board of Directors of RiT.

    Pursuant to the MOU, the Company will make reasonable commercial efforts to register for resale the newly issued ordinary shares under the Securities Act of 1933, as amended, within six months following demand by STINS COMAN.

    As of July 17, 2008, STINS COMAN held 6,150,336 Rit Shares, representing approximately 41.9% of RiT's outstanding shares. Following consummation of the transaction, STINS COMAN is expected to hold 12,330,336 Rit Shares, representing approximately 59.1% of RiT's outstanding shares.

    The closing of the transaction is subject, among others, to the execution of a definitive agreement and the approval of the Company's shareholders at the upcoming 2008 Annual General Meeting. There can be no assurance that the transaction will be consummated.

    For further information about the transaction, see the Company's Proxy Statement to be filed with the Securities and Exchange Commission on Form 6-K.

    IMPORTANT NOTE: The securities to be offered in the private placement will not be registered under the Securities Act of 1933, as amended (the "Act") or any state securities laws, and may not be offered or sold in the United States absent registration, or an applicable exemption from registration, under the Act and applicable state securities laws. This news release does not constitute an offer to purchase, sell or exchange or a solicitation of an offer to purchase, sell or exchange any securities of the Company.

    About RiT Technologies

    RiT is a leading provider of physical network infrastructure control and management solutions. Deployed in the networks of many of the world's largest carriers and enterprises, its pioneering, fast-ROI products have proven their ability to simplify service deployment and provisioning, enhance troubleshooting accuracy, reduce infrastructure maintenance costs, enhance physical layer security and enable cost-effective service qualification and verification.

    For more information, please visit our website: http://www.rittech.com/ Safe Harbor Statement

    In this press release, all statements that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate", "forecast", "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors, including, but not limited to, those described under the heading "Risk Factors" in our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 20-F, which may be revised or supplemented in subsequent reports filed with the SEC. These factors include, but are not limited to, the following: our ability to raise additional financing, if required; our inability to satisfy Nasdaq's requirements for continued listing, the continued development of market trends in directions that benefit our sales; our ability to maintain and grow our revenues; our dependence upon independent distributors, representatives and strategic partners; our ability to develop new products and enhance our existing products; the availability of third-party components used in our products; the economic condition of our customers; the impact of government regulation; and the economic and political situation in Israel. We are under no obligation, and expressly disclaim any obligation, to update the forward-looking statements in this press release, whether as a result of new information, future events or otherwise.

    Company Contact: Simona Green VP Finance +972-3-766-4249 simonag@rit.co.il

    RiT Technologies Ltd.

    CONTACT: Company Contact: Simona Green, VP Finance, +972-3-766-4249,
    simonag@rit.co.il




    Create the Future Design Contest Opens for Entries: Competition Sponsored by SolidWorks and Tech Briefs Media Group Spurs Engineers to Put Their Innovations on Display for $20,000 Grand Prize

    NEW YORK, July 22 /PRNewswire/ -- Celebrating the "a-ha!" moment latent in every product designer and engineer, the Create the Future Design Contest sponsored by SolidWorks Corporation and Tech Briefs Media Group is accepting entries from inventors around the world.

    Engineers and product designers have until Oct. 17, 2008 to submit their ideas for the next invention that could change how we work, play, and live. In its seventh year, the contest celebrates entrants' abilities to explore new ways to design the, as yet, unimagined. Aside from the $20,000 grand prize, the contest will award a new powerful HP workstation to each of the category winners, and $100 to the top 6 most popular entries. To submit an entry or find out more information about the Create the Future Design Contest, visit http://www.createthefuturecontest.com/. Other contest co-sponsors include COMSOL, Hewlett-Packard, and National Instruments.

    Contest entrants have six categories from which to choose: machinery, equipment, and component technology; consumer products; medical; safety and security; transportation; and sustainable technologies. A panel of expert judges will evaluate entries based on innovation, marketability, manufacturability, and cost effectiveness. Winning ideas can include products that are entirely conceptual, or in prototyping or early production. The key criteria will be bold alternatives to conventional approaches.

    Qualified entries will include a text description (500 words or less) on an idea for a mechanical or electro-mechanical product in the categories above. They should also include a 30-word abstract of the idea and a 30-word description of the problem solved. Finally, they should have one or more visual illustrations (regardless of format, i.e., CAD file, sketch, etc.) of the idea.

    "In six years this contest has been the seed bed for innovative designs that could someday be ubiquitous," said Joe Pramberger, president of Tech Briefs Media Group. "Last year's contest set a record with nearly 1,000 entries and we expect 2008 to be even bigger."

    About Tech Briefs Media Group

    The Tech Briefs Media Group is publisher of NASA Tech Briefs, the largest-circulation design-engineering magazine worldwide and Defense Tech Briefs, the largest-circulation engineering magazine for the mil/aero market. Combined, these products reach over 600,000 engineers and managers worldwide.

    Through organic growth, the Tech Briefs Media Group product line has grown to include print/digital advertising, email/web products, virtual events, seminars & conferences, custom media and content related advertising. Additional products include Photonics Tech Briefs, Imaging Technology, Motion Control Technology, Defense Tech Briefs, RF & Microwave Technology and Embedded Technology. For more information, visit: http://www.techbriefsmediagroup.com/.

    About SolidWorks Corporation

    SolidWorks Corporation, a Dassault Systemes S.A. company, develops and markets software for design, analysis, and product data management. It is the leading supplier of 3D CAD technology, giving teams intuitive, high-performing software that helps them design better products. For the latest news, information, or an online demonstration, visit the company's Web site (http://www.solidworks.com/) or call 1-800-693-9000 (outside of North America, call +1-978-371-5000).

    Tech Briefs Media Group

    CONTACT: Joe Pramberger, President, Tech Briefs Media Group,
    +1-212-490-3999, joe@abpi.net

    Web site: http://www.techbriefsmediagroup.com/
    http://www.solidworks.com/
    http://www.createthefuturecontest.com/




    uBid.com Holdings, Inc. Announces Plan to Launch Fixed-Price Commerce Website RedTag.comAsset Recovery Leader will launch new Site August 29, 2008

    CHICAGO, July 22 /PRNewswire-FirstCall/ -- uBid.com Holdings, Inc. (BULLETIN BOARD: UBHI) , a leading asset recovery solutions company for the world's most trusted brands, today announced the planned launch of RedTag.com as part of its new business strategy of creating a comprehensive, multi-channel asset recovery solution.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20060206/CGM036LOGO)

    RedTag.com, whose launch is projected for August 29, 2008, will be a fixed price e-commerce website in the uBid.com Holdings, Inc. collection of asset recovery channels. In preparation for the acquiring of assets of RedTag.com, potential fixed price only revenue will be separated from uBid.com Holdings Inc.'s flagship auction site, uBid.com.

    "We are delighted to offer a fixed price sales channel to our base of over 7,000 sellers as an additional asset recovery solution," said uBid.com Holdings Inc. Executive Vice President of Account Management and Seller Solutions Timothy Takesue on the launch of RedTag.com. "And we are elated to offer our consumers a tremendous value on excess inventories, with a money back satisfaction guarantee and a fixed $1.95 ground shipping rate on the RedTag.com site."

    The new fixed price excess inventory solution channel will enable uBid.com Holdings Inc to offer a better overall value proposition to its buyers as well as its sellers.

    "Our research indicated that buyers are also looking for brand name deals at a fixed price, in addition to our auction format," explained uBid.com Holdings Inc.'s Chief Executive Officer Jeff Hoffman. "With the coming launch of RedTag.com, we are enabling ourselves to better serve our customers looking for fixed price deals while providing our sellers with a fixed price asset recovery solution. It's dually beneficial."

    For more information please visit http://www.ubid.com/. About uBid.com Holdings, Inc.

    uBid.com Holdings, Inc. is the world's leading excess inventory solutions company that links brand name sellers with customers around the globe. uBid.com Holdings, Inc. does this through its multi-channel asset-recovery solution that includes an online auction platform located at http://www.ubid.com/, physical facilities liquidation and a business-to-business selling platform. Brand name sellers are able to reduce excess inventory more efficiently and profitably than ever before. And however they choose to buy, shoppers now have an inside connection to the world's most trusted brands at prices far below retail. With more than 10 years experience in online commerce, uBid Holdings, Inc. is headquartered in Chicago, IL.

    uBid.com Holdings, Inc. is publicly-traded on the NASD OTC bulletin board (UBHI.OB).

    SEC Filings and Forward-Looking Statements

    Additional information about uBid.com is in the company's annual report on Form 10-K, filed with the Securities and Exchange Commission.

    Certain statements made in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements using terminology such as "anticipate," "believe," "estimate," "expect," "intend," "may," "could," "possible," "plan," "project," "should," "will," "forecast," and similar words or expressions. uBid.com Holdings, Inc. intends that all forward-looking statements be subject to the safe harbor provisions of the Private Securities Litigation Reform Act. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business of uBid.com Holdings, Inc. and the industries and markets in which uBid.com Holdings, Inc. operates. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements. Factors which may affect the forward looking statement identified above and uBid.com Holdings, Inc.'s business, financial condition and operating results generally include the effects of adverse changes in the economy, reductions in consumer spending, declines in the financial markets and the industries in which uBid.com Holdings, Inc. and its partners operate, adverse changes affecting the Internet and e-commerce, the ability of uBid.com Holdings, Inc. to develop and maintain relationships with strategic partners and suppliers and the timing of its establishment or extension of its relationships with strategic partners, the ability of uBid.com Holdings, Inc. to timely and successfully develop, maintain and protect its technology and product and service offerings and execute operationally, the ability of uBid.com Holdings, Inc. to attract and retain qualified personnel, the ability of uBid.com Holdings, Inc. to successfully integrate its acquisitions of other businesses, if any, and the performance of acquired businesses. uBid.com Holdings, Inc. expressly disclaims any intent or obligation to update these forward-looking statements, except as otherwise specifically stated by uBid.com Holdings, Inc.

    Photo: http://www.newscom.com/cgi-bin/prnh/20060206/CGM036LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com uBid.com Holdings, Inc.

    CONTACT: Ryan Calverley, Press Officer of uBid.com Holdings, Inc.,
    +1-773-272-4414, ryanc@ubid.com

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




    Installation of Leading-Edge Data Analytics, Visualization Set for World's Fastest Open Science Supercomputer

    ARGONNE, Ill., July 22 /PRNewswire/ -- The IBM Blue Gene/P Intrepid at the Argonne Leadership Computing Facility (ALCF), located at the U.S. Department of Energy's (DOE) Argonne National Laboratory, will soon have the data analytics and visualization capability to complement its distinction as the fastest computer in the world for open science and the third fastest overall computer in the world.

    Argonne awarded GraphStream, Inc., Belmont, Calif., a contract that will help to make data analytics and visualization at this scale possible through the world's largest installation of NVIDIA Quadro Plex S4 external graphics processing units (GPU). This new supercomputer installation, nicknamed Eureka, will allow researchers to explore and visualize the data they produce with Intrepid. The powerful installation will offer 104 dual quad core servers with 208 Quadro FX5600 GPUs in the S4s.

    "During a massive computation on Intrepid, torrents of data can be unleashed onto the multi-petabyte parallel file system," ALCF acting director Pete Beckman said. "For example, in just a little over a minute, Intrepid can produce the equivalent of 1,000 DVDs of file data. Eureka will be used to peer ever deeper into scientist's data, from simulations of the electrical signals of the human heart to exploding supernova. Aided by Eureka, scientists will plow through the tidal wave of data produced by Intrepid faster than ever before, searching for new insights."

    Most applications that run on large-scale systems like Intrepid generate huge volumes of data that represent the results of the calculations. An essential tool for understanding those results after the run has completed is to be able to explore rapidly the output data and convert it to a visual representation. To do so at the scale required by Intrepid applications requires a system with Eureka's power.

    GraphStream, a supplier of scalable computer systems, will use the NVIDIA Quadro Plex (S4) visual computing system as the base graphics building block.

    "With the addition of Eureka, the GraphStream/NVIDIA collaboration to provide the world's most advanced scalable visual computing systems now extends to the sites of the three most powerful supercomputers in the world," said Craig Dunwoody, CEO of GraphStream. "Using the NVIDIA Quadro Plex S4 visual computing system as the base graphics building block, Eureka will deliver a quantum leap in visual compute density, enabling breakthrough levels of productivity and capability in visualization and data analysis."

    "Argonne National Laboratory's adoption of NVIDIA Quadro Plex visual computing solutions for their groundbreaking IBM Blue Gene/P supercomputer speaks volumes to the importance placed today on the role of visualization in scientific research and analytics," said Jeff Brown, general manager of the professional solutions business at NVIDIA. "The close partnership between NVIDIA and the Argonne Leadership Computing Facility has been key to this landmark installation. We are extremely excited to see the impact that GPU technologies will have on the quality and pace of the scientific research carried out there."

    The cost-effective approach being used takes four very high-end graphics cards and places them in a 1U "pizza box." A very dense configuration, this solution handles all the power and cooling issues associated with the graphics cards. An alternative configuration using 4U servers with two cards each would take 10.5 racks to match the same number of graphics cards that the proposed approach provides in just four racks.

    "This addition to the ALCF's high-end computing platform will provide a vital link between simulation and analysis by allowing scientists to probe and interrogate their data in an interactive manner," said Paul Fischer, a computational scientist at Argonne, who conducts reactor core hydrodynamics research on the Blue Gene/P.

    The ALCF's Blue Gene/P Intrepid provides resources for the DOE's Innovative and Novel Computational Impact on Theory and Experiment (INCITE) program (http://www.sc.doe.gov/ascr/INCITE/), which supports computationally intensive projects from industry, scientific researchers and research organizations.

    The ALCF is a leadership-class computing facility that enables the research and development community to make innovative and high-impact science and engineering breakthroughs. Argonne operates the ALCF for the DOE Office of Science as part of the larger DOE Leadership Computing Facility strategy that is organized by the DOE Office of Advanced Scientific Computing Research. DOE leads the world in providing the most capable civilian supercomputers for science.

    Technical information

    The base server building block is the SuperMicro 6015-UR. The S4 attaches to a server on either side of it, forming a "sandwich." To the servers, it appears as if they have two Quadro FX5600 graphics cards inside of them. While there are small system disks in the server, all of the data comes from the large storage system over the network.

    Economical, low-latency modular switches represent the heart of the data-management system. The nine-switch complex supports up to 2,048 connections, each of which simultaneously exchanges data at roughly 1 billion bytes per second. The storage system offers a bank of more than 10,000 disk drives that will send and receive data from the Blue Gene/P's more than 100,000 processors. Altogether, this system can deliver nearly 80 billion bytes per second to and from the disk-the equivalent of transferring the content of 100 full CDs every second.

    More Information

    For more information on Eureka and its configuration, visit the ALCF website at http://www.alcf.anl.gov/.

    About Argonne

    The U.S. Department of Energy's Argonne National Laboratory, a renowned R&D center, brings the world's brightest scientists and engineers together to find exciting and creative new solutions to pressing national problems in science and technology. The nation's first national laboratory, Argonne conducts leading-edge basic and applied scientific research in virtually every scientific discipline. Argonne researchers work closely with researchers from hundreds of companies, universities, and federal, state and municipal agencies to help them solve their specific problems, advance America's scientific leadership and prepare the nation for a better future. With employees from more than 60 nations, Argonne is managed by UChicago Argonne, LLC for DOE's Office of Science.

    About NVIDIA

    NVIDIA , Santa Clara, Calif., is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices.

    About GraphStream, Inc.

    GraphStream, Inc., Belmont, Calif., offers advanced, cost-efficient, fully integrated scalable computing platforms based on best-of-breed commercial

    off-the-shelf components. GraphStream systems provide superior efficiency in scalable compute (CPU and GPU), storage, interconnect, I/O, power, cooling and management.

    Argonne National Laboratory

    CONTACT: Angela Hardin of Argonne National Laboratory, +1-630-252-5501,
    ahardin@anl.gov

    Web site: http://www.anl.gov/

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