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Companies news of 2008-07-23 (page 4)

  • TNE Announces Results of Tender Offer
  • ClickSoftware Reports Financial Results for the Second Quarter Ended June 30,...
  • HughesNet Feeds the Need for Speed: Subscribers Benefit from Faster Speeds at Same Low...
  • Fujitsu PalmSecure(TM) Selected by Pearson VUE to Verify Identities of Test...
  • TSA Designates MicroStrategy-based Performance Information Management System as New Agency...
  • BOOMj Store Announces New Office Category Offering a Variety of BrandsOVER 50,000 PRODUCTS...
  • Fazio Jewel the Glen Club Now Sports ProLink's ProStar GPSVaunted Course Utilizes System's...
  • NaeroDynamics Announces Acquisition of Information Edge Telco Solutions
  • ChipMOS RECEIVES FINAL APPROVAL TO DECREASE THE REGISTERED CAPITAL OF ChipMOS SHANGHAI
  • Giant Interactive to Launch ZT Online Classic Edition
  • Harris Corporation Conducts Successful Live Demonstration of New Wideband, Long-Range,...
  • Next-Generation Home Gateways Will Leverage Verizon FiOS Capacities, Enable Dynamic...
  • RealNetworks and Topics Entertainment Announce Casual Games Distribution PartnershipTwo...
  • RealNetworks Continues Leadership in Casual Games With New Partners, New Content and...
  • RealNetworks Takes Popular 'Little Shop' Series on the Road'Little Shop - Road Trip,'...
  • RealNetworks and Mattel Announce the Release of 'UNO Undercover'New game takes classic...
  • National Geographic Channel Launches Robust Online Game Site - Featuring Debut of...
  • Cobra Electronics Reports Profitable Second QuarterImproved Margins and Reduced Expenses...
  • WD(R) Announces 2.5-Inch, 10,000 RPM Enterprise SATA Hard DrivesThe World's Fastest...
  • Attunity Reports Second Quarter 2008 ResultsCompany Posts Second Quarter Non-GAAP...
  • RT Logic Awarded South Pole TDRSS Relay II Project by LJT & Associates, Inc.RT Logic's...
  • Pointer Telocation's Q2 2008 Results Release & Conference Call Scheduled for August 13th,...
  • Hartcourt Completes Acquisition of Beijing Yanyuan Rapido Education Company
  • QSGI Announces Contract Expansions for Two Network Maintenance Customers
  • MedCom USA, Inc. Signs Letters of Intent to Acquire Two Medical Transaction Companies
  • Xilinx Debuts New Format for Xcell Journal Quarterly MagazineIssue 65 Offers Wider Variety...
  • Sonic Foundry Selected to Webcast Campus Technology 2008
  • Industry Leaders to Share Best Practices for Improving Enterprise Business Performance and...
  • Alliance Data Systems Corporation Announces Proposed Offering of $700 Million Convertible...
  • Verizon Wireless to Host PDA and Smartphone Workshops at Bergen County Communications...



    TNE Announces Results of Tender Offer

    RIO DE JANEIRO, Brazil, July 23 /PRNewswire-FirstCall/ -- Tele Norte Leste Participacoes S.A. ("TNLP"), Telemar Norte Leste S.A. ("Telemar") and Coari Participacoes S.A. (together with TNLP and Telemar, the "Companies"), pursuant to CVM Instruction No. 358/02, hereby announces to the public that, in the auctions of the Voluntary Tender Offers for the preferred shares of Brasil Telecom S.A. ("BrTO") and Brasil Telecom Participacoes S.A. ("BrTP") ("Tender Offers"), held at the electronic trading system of the Bolsa de Valores de Sao Paulo S.A. - BVSP on this date, the subsidiaries of the Companies, Copart 1 Participacoes S.A. ("COPART 1") and Copart 2 Participacoes S.A. ("COPART 2"), acquired 20,826,442 preferred shares of BrTP and 13,366,365 preferred shares of BrTO, respectively, which represent approximately 9.06% and 7.56% of the outstanding preferred shares of BrTP and BrTO, respectively. The prices per share of the Tender Offers were R$ 23.42 per preferred share of BrTO and R$ 30.47 per preferred share of BrTP.

    As a result of the purchases made through the Tender Offers, the Companies now hold, indirectly, 58,956,565 preferred shares of BrTO and 76,645,842 preferred shares of BrTP, which represent 18.9% of the preferred shares and 10.5% of the capital stock of BrTO and 33.3% of the preferred shares and 21.1% of the capital stock of BrTP, respectively. The total amount paid for BrTO preferred shares was R$ 313,040,268.30 and the total amount paid for BrTP preferred shares was R$ 634,581,687.74.

    The Companies announce that the number of preferred shares of BrTP and preferred shares of BrTO tendered in the auctions was 130,220,890 and 73,477,445, respectively. Because (1) the number of preferred shares of BrTP exceeded 20,826,442 preferred shares, the maximum number of shares COPART 1 had undertaken to acquire, a proration factor was applied in this auction, and (2) the number of preferred shares of BrTO exceeded 13,366,365 preferred shares, the maximum number of shares COPART 2 had undertaken to acquire, a proration factor was applied in this auction. The proration factors are stated below:

    Negotiation Maximum Number of Number of Shares Proration Factor Code Shares to be Acquired Tendered BRTP4L 20,826,442 130,220,890 0.159932 BRTO4L 13,366,365 73,477,445 0.181911

    The Companies announce that (1) the number of ADSs of Brasil Telecom Holding tendered by the ADS holders in the BRTP Auction was 15,755,054 (representing 78,775,270 preferred shares of Brasil Telecom Holding) and the number of ADSs effectively purchased by COPART 1 was approximately 2,519,737, and (2) the number of ADSs of Brasil Telecom tendered by the ADS holders in the BRTO Auction was approximately 7,659,459 (representing 22,978,377 preferred shares of Brasil Telecom) and the number of ADSs effectively purchased by COPART 2 was approximately 1,393,339.

    Tele Norte Leste Participacoes S.A.

    CONTACT: Lucia Domville, Deputy Managing Director, grayling global,
    +1-646-284-9416, cell, +1-646-824-2856, ldomville@hfgcg.com, for Tele Norte
    Leste Participacoes S.A.




    ClickSoftware Reports Financial Results for the Second Quarter Ended June 30, 2008Reiterates its 2008 Annual Guidance

    BURLINGTON, Massachusetts, July 23 /PRNewswire-FirstCall/ -- ClickSoftware Technologies Ltd. , the leading provider of mobile workforce management and service optimization solutions, today announced results for the second quarter ended June 30, 2008.

    For the second quarter ended June 30, 2008, total revenues were $11.0 million, with net income of $0.1 million, or $0.00 per share. This compares with revenues of $10.5 million and net income of $1.0 million, or $0.03 per share, for the same period last year, and revenues of $11.5 million and net income of $0.3 million, or $0.01 per share, for the first quarter of 2008. Excluding the effects of share-based compensation expenses related to the adoption of SFAS-123R, net income was $0.3 million, or $0.01 per share, for the second quarter of 2008.

    Software license revenues for the second quarter of 2008 were $3.1 million, while service and maintenance revenues were $7.9 million. This compares to software license revenues of $4.4 million and service and maintenance revenues of $6.1 million for the same period last year, and $4.0 million and $7.5 million, respectively, in the first quarter of 2008.

    Gross profit in the second quarter of 2008 was $6.7 million, or 61% of revenues, compared to $6.8 million, or 64% of revenues, in the same period last year, and $6.9 million, or 60% of revenues, in the first quarter of 2008.

    Cash, cash equivalents and short and long-term investments in the second quarter of 2008 decreased to $24.9 million from $25.9 million at the end of the first quarter of 2008. Net cash used in operating activities was $0.9 million during the second quarter of 2008.

    Management Commentary

    "The second quarter was a productive quarter which included three large new customers. Order booking from new customers was twice as high relative to the first quarter of 2008, and almost three times higher than the amount we booked in the same period last year, contributing an additional $1.7 million to our backlog and deferred revenues to a total amount of $19.4 million at the end of the second quarter," said Dr. Moshe BenBassat, ClickSoftware's Chairman and Chief Executive Officer. "While the timing of certain revenues was pushed into the third quarter and therefore impacted our second quarter financials, we believe we shall recognize those revenues in the second part of the year and see a strong second half. Total revenues for the first half of 2008 amount to $22.5 million, which is roughly 45% to 47% of the full-year target of $48 to $50 million. This is well within the range of mid-year typical results that will enable us to get to the targeted annual revenues."

    Outlook

    The Company reiterates the previously provided FY08 guidance of revenue growth of approximately 20%-25% over 2007, or $48-$50 million.

    Investors Conference Call

    ClickSoftware will host a conference call today at 9:30 a.m. EDT to discuss its financial results and other matters discussed in this press release, as well as answer questions from the investment community. To participate, please call +1-800-762-8908 and ask for the ClickSoftware conference call. International participants, please call +1-480-629-1990. The call will be available live on the internet (in listen mode only) at http://www.clicksoftware.com/. A replay of this call will be available on the ClickSoftware website, or by calling +1-800-406-7325 (international callers can dial +1-303-590-3030), ID Code: 3896864.

    About ClickSoftware

    ClickSoftware is the leading provider of mobile workforce management and service optimization solutions that create business value for service operations through higher levels of productivity, customer satisfaction and cost effectiveness. Combining educational, implementation and support services with best practices and its industry leading solutions, ClickSoftware drives service decision making across all levels of the organization. From proactive customer demand forecasting and capacity planning to real-time decision-making, incorporating scheduling, mobility and location based services, ClickSoftware helps service organizations get the most out of their resources. With over 100 customers across a variety of industries and geographies, and strong partnerships with leading platform and system integration partners - ClickSoftware is uniquely positioned to deliver superb business performance to any organization. The company is headquartered in Burlington, MA and Israel, with offices in Europe, and Asia Pacific.

    For more information about ClickSoftware, please call +1-781-272-5903 or +1-888-438-3308, or visit http://www.clicksoftware.com/.

    This press release contains express or implied forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include, but are not limited to, those statements regarding future results of operations, visibility into future periods, growth and rates of growth, and expectations regarding future closing of contracts, receipt of orders, recognition of revenues and deferred revenues. Such "forward-looking statements" involve known and unknown risks, uncertainties and other factors that may cause actual results or performance to differ materially from those projected. Achievement of these results by ClickSoftware may be affected by many factors, including, but not limited to, risks and uncertainties regarding the general economic outlook, the length of or changes in ClickSoftware's sales cycle, ClickSoftware's ability to close sales to potential customers in a timely manner and maintain or strengthen relationships with strategic partners, the timing of revenue recognition, foreign currency exchange rate fluctuations, and ClickSoftware's ability to maintain or increase its sales pipeline. The forward-looking statements contained in this press release are subject to other risks and uncertainties, including those discussed in the "Risk Factors" section and elsewhere in ClickSoftware's annual report on Form 20F for the year ended December 31, 2007 and in subsequent filings with the Securities and Exchange Commission. ClickSoftware is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

    ClickSoftware Technologies Ltd. CONSOLIDATED BALANCE SHEETS (In thousands, except share data) June 30 December 31 -------------------------- 2008 2007 -------------------------- ASSETS CURRENT ASSETS Cash and cash equivalents $ 12,474 $ 9,054 Short-term investments 11,770 15,054 Trade receivables, net 9,365 6,883 Other receivables and prepaid expenses 1,288 1,040 -------------------------- Total current assets 34,897 32,031 -------------------------- FIXED ASSETS Cost 3,164 2,885 Less - accumulated depreciation 1,676 1,448 -------------------------- Total fixed assets 1,488 1,437 -------------------------- Long-term investments 672 602 Severance pay deposits 1,374 1,163 -------------------------- Total Assets $ 38,431 $ 35,233 -------------------------- LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable and accrued expenses $ 7,269 $ 7,281 Deferred revenues 7,229 5,803 -------------------------- Total current liabilities 14,498 13,084 -------------------------- LONG TERM LIABILITIES Accrued severance pay 2,853 2,418 Deferred revenues - Long term 3,346 2,919 -------------------------- Total long-term liabilities 6,199 5,337 -------------------------- Total liabilities 20,697 18,421 -------------------------- SHAREHOLDERS' EQUITY Ordinary shares of NIS 0.02 par value 115 115 Additional paid-in capital 74,261 73,803 Accumulated deficit (56,599) (57,063) Treasury stock, at cost: 39,000 shares (43) (43) -------------------------- Total shareholders' equity 17,734 16,812 -------------------------- Total liability and shareholders' equity $ 38,431 $ 35,233 -------------------------- ClickSoftware Technologies Ltd. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except share and per share amounts) Three Months Ended June 30, 2008 June 30, 2007 ------------------- ------------------ % of % of $ Revenues $ Revenues ------------------- ------------------ Revenues: Software license $ 3,064 28% $ 4,436 42% Services 7,924 72% 6,056 58% ------------------- ------------------ Total revenues 10,988 100% 10,492 100% ------------------- ------------------ Cost of revenues: Software license 299 3% 529 5% Services 3,994 36% 3,209 31% ------------------- ------------------ Total cost of revenues 4,293 39% 3,738 36% ------------------- ------------------ Gross profit 6,695 61% 6,754 64% ------------------- ------------------ Operating expenses: Research and development costs, net 1,635 15% 1,427 14% Selling and Marketing expenses 3,831 35% 3,408 32% General and administrative expenses 1,215 11% 1,235 12% ------------------- ------------------ Total operating expenses 6,681 61% 6,070 58% ------------------- ------------------ Net Income from operations 14 0% 684 7% Interest, net 174 2% 293 3% ------------------- ------------------ Net income before taxes $ 188 2% $ 977 9% ------------------- ------------------ Taxes on income 64 1% 13 0% ------------------- ------------------ Net income $ 124 1% $ 964 9% ------------------- ------------------ Net income per ordinary share: Basic $ 0.00 $ 0.03 ------------------- ------------------ Diluted $ 0.00 $ 0.03 ------------------- ------------------ Shares used in computing basic Net income per share 28,541,098 28,167,420 ------------------- ------------------ Shares used in computing diluted Net income per share 29,700,676 29,545,429 ------------------- ------------------ ClickSoftware Technologies Ltd. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except share and per share amounts) Six Months Ended June 30, 2008 June 30, 2007 --------------------- ------------------ % of % of $ Revenues $ Revenues --------------------- ------------------ Revenues: Software license $ 7,062 31% $ 8,125 42% Services 15,409 69% 11,425 58% --------------------- ------------------ Total revenues 22,471 100% 19,550 100% --------------------- ------------------ Cost of revenues: Software license 847 4% 1,217 6% Services 7,999 36% 6,283 32% --------------------- ------------------ Total cost of revenues 8,846 39% 7,500 38% --------------------- ------------------ Gross profit 13,625 61% 12,050 62% --------------------- ------------------ Operating expenses: Research and development costs, net 3,211 14% 2,653 14% Selling and Marketing expenses 7,697 34% 6,369 33% General and administrative expenses 2,406 11% 2,192 11% --------------------- ------------------ Total operating expenses 13,314 59% 11,214 57% --------------------- ------------------ Income from operations 311 1% 836 4% Other income - - 188 1% Interest, net 341 2% 444 2% --------------------- ------------------ Net income before taxes $ 652 3% $ 1,468 8% --------------------- ------------------ Taxes on income 188 1% 48 0% --------------------- ------------------ Net income $ 464 2% $ 1,420 7% --------------------- ------------------ Net income per ordinary share: Basic $ 0.02 $ 0.05 --------------------- ------------------ Diluted $ 0.02 $ 0.05 --------------------- ------------------ Shares used in computing basic Net income per share 28,526,346 28,106,315 --------------------- ------------------ Shares used in computing diluted Net income per share 29,677,587 28,551,294 --------------------- ------------------ Use of Non-GAAP Financial Results

    In addition to disclosing financial results calculated in accordance with U.S. generally accepted accounting principles (GAAP), the Company's earnings release contains non-GAAP financial measures that exclude the effects of 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 share-based compensation .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.

    ClickSoftware Technologies Ltd. SUPPLEMENTAL RECONCILIATIONS OF GAAP TO NON-GAAP RESULTS (In thousands, except share and per share amounts) Three Months Ended June 30, 2008 June 30, 2007 ------------------- ------------------- % of % of $ Revenues $ Revenues ------------------- ------------------- GAAP Net income: $ 124 1% $ 964 9% Adjustment of share-based compensation within: Cost of Services 30 23 Research and development costs, net 28 19 Selling and Marketing expenses 58 34 General and administrative expenses 79 78 ------------------- ------------------- Net income excluding share-based compensation $ 319 3% $ 1,118 11% ------------------- ------------------- GAAP Net income per ordinary share: Basic $ 0.00 $ 0.03 ------------------- ------------------- Diluted $ 0.00 $ 0.03 ------------------- ------------------- Net income per ordinary share excluding share-based compensation: Basic $ 0.01 $ 0.04 ------------------- ------------------- Diluted $ 0.01 $ 0.04 ------------------- ------------------- ClickSoftware Technologies Ltd. SUPPLEMENTAL RECONCILIATIONS OF GAAP TO NON-GAAP RESULTS (In thousands, except share and per share amounts) Six Months Ended June 30, 2008 June 30, 2007 ------------------- ------------------- % of % of $ Revenues $ Revenues ------------------- ------------------- GAAP Net income: $ 464 2% $ 1,420 7% Adjustment of share-based compensation within: Cost of Services 54 43 Research and development costs, net 50 35 Selling and Marketing expenses 105 63 General and administrative expenses 150 161 ------------------- ------------------- Net income excluding share-based compensation $ 823 4% $ 1,722 9% ------------------- ------------------- GAAP Net income per ordinary share: Basic $ 0.02 $ 0.05 ------------------- ------------------- Diluted $ 0.02 $ 0.05 ------------------- ------------------- Net income per ordinary share excluding share-based compensation: Basic $ 0.03 $ 0.06 ------------------- ------------------- Diluted $ 0.03 $ 0.06 ------------------- ------------------- Contacts: Shmuel Arvatz Chief Financial Officer +972-3-765-9467 Shmuel.Arvatz@clicksoftware.com Adam J. Rosen +1-646-536-3865 arosen@rkequity.com

    ClickSoftware Technologies Ltd

    CONTACT: Contacts: Shmuel Arvatz, Chief Financial Officer,
    +972-3-765-9467, Shmuel.Arvatz@clicksoftware.com; Adam J. Rosen,
    +1-646-536-3865, arosen@rkequity.com




    HughesNet Feeds the Need for Speed: Subscribers Benefit from Faster Speeds at Same Low PricesPopular Service Plans - Home, Pro and ProPlus - Made Faster, Facilitating Access to Essential Services like Online Shopping in Midst of Rising Gas Prices

    GERMANTOWN, Md., July 23 /PRNewswire-FirstCall/ -- Hughes Network Systems, LLC., (HUGHES), the world's leading provider of broadband satellite networks and services, today announced that it has increased the speeds of three of its popular HughesNet(R) consumer service plans -- Home, Pro and ProPlus -- at the same low prices, giving new subscribers located beyond the reach of DSL or cable an even faster broadband connection. The increased speeds empower consumers to shop and purchase online effortlessly, saving time and money in the midst of unprecedented gas prices. The Home plan now features download speeds of up to 1 Mbps. The Pro and ProPlus plans feature download speeds of up to 1.2 and 1.6 Mbps, respectively.

    "Consumers living in areas not served by terrestrial broadband are making it clear that they want to enjoy all the benefits of a broadband connection and they want to do it at high-speed," said Peter Gulla, Hughes vice president of marketing. "With gas and everyday commodity prices soaring, HughesNet enhanced Home, Pro and ProPlus plans put the benefits of high-speed Internet access right at their fingertips at an affordable price."

    The higher-speed Home, Pro and ProPlus join the recently introduced HughesNet Elite and ElitePlus plans, the fastest satellite broadband consumer plans ever offered, with download speeds of up to 3Mbps. With prices starting as low as $59.99 a month, the wide range of HughesNet plans now available can meet the requirements of any consumer or home business.

    "The buying preferences of satellite broadband customers demonstrate the trend toward speed and features, indicating that performance is the key driver of the majority of broadband purchasing decisions," said Jimmy Schaeffler of the Carmel Group. "With top level offerings from companies such as Hughes, consumers get the speed they desire at a generally affordable price, as well as access to a host of applications that previously were not possible."

    The speed enhancements in the Home, Pro and ProPlus plans were made possible by the launch of Hughes' SPACEWAY(TM) 3, the largest satellite in the US and the world's first commercial satellite with on-board switching and routing. SPACEWAY 3 has the highest total capacity of any commercial satellite, which fuels the faster speeds. SPACEWAY 3 was launched in August of 2007 and began serving customers in April of 2008.

    With more than 400,000 subscribers, HughesNet is the leading broadband satellite Internet service in the United States. For more information about HughesNet services and the Home, Pro or ProPlus plans, please visit http://www.hughesnet.com/ or call 1-866-859-2268.

    About Hughes Network Systems

    Hughes Network Systems, LLC (HUGHES) is the global leader in providing broadband satellite networks and services for large enterprises, governments, small businesses, and consumers. HughesNet encompasses all broadband solutions and managed services from Hughes, bridging the best of satellite and terrestrial technologies. Its broadband satellite products are based on global standards approved by the TIA, ETSI and ITU standards organizations, including IPoS/DVB-S2, RSM-A, and GMR-1. To date, Hughes has shipped more than 1.5 million systems to customers in over 100 countries.

    Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes maintains sales and support offices worldwide. Hughes is a wholly owned subsidiary of Hughes Communications, Inc. . For additional information, please visit http://www.hughes.com/.

    Hughes, HughesNet, and SPACEWAY are trademarks of Hughes Network Systems, LLC.

    Hughes Network Systems, LLC.

    CONTACT: Judy Blake of Hughes Network Sysems, +1-301-601-7330,
    judy.blake@hughes.com; or Donna Armstrong of Brodeur for Hughes Network
    Systems, LLC., +1-202-775-2650, darmstrong@brodeur.com

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




    Fujitsu PalmSecure(TM) Selected by Pearson VUE to Verify Identities of Test TakersAward-winning Palm Vein Recognition Solution Improves Accurate Recognition of Standardized Exam Candidates to Reduce Fraud; GMAT Exam Pilots Program This Fall

    SUNNYVALE, Calif., July 23 /PRNewswire/ -- Fujitsu Computer Products of America, Inc., a leading supplier of innovative computer products including hard disk drives, peripherals and biometric security solutions, today announced that Pearson VUE, the computer-based testing business of Pearson, will implement Fujitsu's PalmSecure palm vein authentication solution as an integral component of its Secure Testing Framework(TM). PalmSecure's highly accurate, non-intrusive authentication methods will allow Pearson VUE's clients -- beginning with the Graduate Management Admission Council(R) (GMAC(R)), the organization of business schools around the world that owns and administers the Graduate Management Admission Test(R) (GMAT(R)) -- to verify the identities of test takers to maintain the integrity of the exams and ensure the reliability of test results.

    "At Pearson VUE, we take security extremely seriously. One of the reasons why so many leading organizations elect to use our services is because of our Secure Testing Framework(TM), which protects all aspects of a testing program, including protecting the intellectual property of our clients," said Robert Whelan, president, Pearson VUE. "One particularly egregious method of cheating involves a professional test taker-referred to as a 'proxy' -- taking a test for another candidate, and, it is imperative that we stay at the leading edge of candidate authentication. We selected Fujitsu's PalmSecure technology because it provides unbeatable accuracy in a cost-effective and scalable solution that is easy-to-use and is non-intrusive for candidates."

    GMAC and Pearson VUE will introduce PalmSecure initially at 16 testing facilities in India and Korea for GMAT exam candidates. When fully deployed, PalmSecure will be implemented at more than 400 facilities in 107 countries worldwide and will be available to all of Pearson VUE's professional testing clients. Eventually, millions of test takers will be identified with PalmSecure and enrolled in Pearson VUE's candidate database to help validate identity.

    "For decades, the world's leading business schools have relied upon the GMAT exam as the best predictor of a candidate's academic success. We have an ethical responsibility to business schools and students to preserve the integrity of the GMAT and the application process, so insuring the highest level of security is critical," said David A. Wilson, president and CEO, GMAC. "Pearson VUE is an excellent partner in this capacity because it, too, places an emphasis on security and responsibility to our customers. PalmSecure helps us respond to the needs of our international marketplace. It is a more accurate, more efficient, and less invasive way to ensure that each test taker has a single GMAT record, thus preventing individuals from taking the test for others."

    Fujitsu's PalmSecure uses a near infrared light to capture a person's palm vein pattern, generating a unique biometric template that is matched against pre-registered users' palm vein patterns. This advanced, vascular pattern recognition technology provides a highly reliable form of authentication. Pearson VUE worked with a vendor-independent, technology-neutral third-party company that engineers and integrates biometric identification systems for mission-critical applications, to determine an identity management technology would be the best choice for next-generation authentication. After evaluating a number of different options, Pearson VUE selected Fujitsu's PalmSecure based on its accuracy -- PalmSecure's false acceptance ratio is just 0.00008 percent -- compared to other forms of biometrics, as well as its ease-of-use, fast comparisons and non-intrusive form factor. It provides unsurpassable accuracy, maximum candidate privacy, and is the ultimate solution for global identity management over single fingerprint biometrics.

    "Healthcare organizations, government agencies, financial institutions and many other global enterprises, rely on PalmSecure as a cost-effective, highly accurate authentication solution," said Joel Hagberg, vice president, marketing and business development, Fujitsu Computer Products of America, Inc. "Fujitsu's next-generation biometric technology provides a virtually error- free identification device that is non-intrusive to the user unlike other biometric offerings. PalmSecure is the ideal choice for companies, like Pearson VUE, that are looking for an advanced authorization system. We look forward to working with Pearson VUE to help them eliminate cheating and continue to offer its clients the highest quality services available."

    About Pearson VUE

    Pearson VUE (http://www.pearsonvue.com/) is the global leader in electronic testing for regulatory and certification boards, providing a full suite of services from test development to test delivery to data management. Pearson VUE offers exams through the world's largest network of test centers in 162 countries, providing testing services for information technology, academic, government and professional clients. Pearson VUE acquired the former Promissor in 2006, thereby extending its leadership in the certification market. The company's innovative technology offers the highest levels of security and program control, while its commitment to service provides clients and individual test takers with an unmatched testing experience. Pearson VUE is a business of Pearson , the international media company, whose businesses include the Financial Times Group, Pearson Education and the Penguin Group.

    About GMAC

    The Graduate Management Admission Council (http://www.gmac.com/), based in McLean, Va., is a nonprofit education organization of leading graduate business schools worldwide dedicated to creating access to and disseminating information about graduate management education. The Council also owns the Graduate Management Admission Test(R) (GMAT), used by more than 4,000 graduate management programs at some 1,800 business schools around the world to assess applicants. The GMAT was created in 1954 and remains the first and only standardized test specifically designed for graduate business and management programs. More information about the GMAC is available at gmac.com and about the GMAT exam at mba.com.

    About Fujitsu

    Fujitsu is a leading provider of IT-based business solutions for the global marketplace. With approximately 160,000 employees supporting customers in 70 countries, Fujitsu combines a worldwide corps of systems and services experts with highly reliable computing and communications products and advanced microelectronics to deliver added value to customers. Headquartered in Tokyo, Fujitsu Limited reported consolidated revenues of 5.3 trillion yen (US$53 billion) for the fiscal year ended March 31, 2008. For more information, please see: http://www.fujitsu.com/.

    About Fujitsu Computer Products of America, Inc.

    Fujitsu Computer Products of America, Inc. conducts engineering and marketing activities in Sunnyvale, CA and sales operations throughout the United States. Fujitsu Computer Products of America, Inc. currently offers products and services including scanners and scanner maintenance, hard disk drives, palm vein recognition technology and 10Gb Ethernet switches. Fujitsu Computer Products of America, Inc. is located at 1255 East Arques Avenue, Sunnyvale, CA, 94085. For more information about Fujitsu products and services, call us at 800-626-4686 or 408-746-7000. For more information, please see: http://us.fujitsu.com/fcpa.

    All rights reserved. Fujitsu and the Fujitsu logo are registered trademarks and The Possibilities are Infinite is a trademark of Fujitsu Ltd. All other trademarks are the property of their respective owners. Statements herein are based on normal operating conditions and are not intended to create any implied warranty of merchantability or fitness for a particular purpose. Fujitsu Computer Products of America, Inc. reserves the right to modify at any time without notice these statements, our services, products, and their warranty and performance specifications.

    MEDIA CONTACTS: Ayumi Sakoda Dan Borgasano Fujitsu Computer Products of America, Inc. Schwartz Communications 408/746-7297 415/512-0770 asakoda@us.fujitsu.com fujitsu@schwartz-pr.com

    Fujitsu Computer Products of America, Inc.

    CONTACT: Ayumi Sakoda of Fujitsu Computer Products of America, Inc., +1-
    408-746-7297, asakoda@us.fujitsu.com; or Dan Borgasano of Schwartz
    Communications, +1-415-512-0770, fujitsu@schwartz-pr.com

    Web site: http://www.fujitsu.com/
    http://us.fujitsu.com/fcpa
    http://www.pearsonvue.com/
    http://www.gmac.com/




    TSA Designates MicroStrategy-based Performance Information Management System as New Agency StandardSystem Identified Efficiencies Resulting in Estimated Cost Savings of More Than $100 Million

    MCLEAN, Va., July 23 /PRNewswire-FirstCall/ -- MicroStrategy(R) Incorporated , a leading worldwide provider of business intelligence software, today announced that the Transportation Security Administration (TSA) has designated the MicroStrategy-based Performance Information Management System (PIMS) as its aviation operations standard. This distinction allows TSA to leverage best practice performance standards using PIMS. PIMS is the TSA business intelligence system used to analyze and disseminate information about threat reduction programs to counter potential threats to people, cargo, and commerce across the TSA.

    Leveraging MicroStrategy's Business Intelligence Platform(TM), PIMS collects, analyzes, and reports passenger and baggage screening data and provides operational performance metrics, such as wait times at selected airports and screening equipment utilization. PIMS is also used to analyze payroll data, TSA staff utilization, and passenger complaints and compliments.

    TSA uses PIMS to run over 1,000,000 reports per year across its user base of 12,000 employees. TSA headquarters and field executive employees use PIMS to streamline operations as well as validate security trends, uncover potential threats, and promptly resolve issues.

    PIMS is the source of the Management Objectives Report (MOR) scorecard, and is used by executives within TSA to monitor performance and adherence to goals for every airport in the nation. The inception and implementation of this scorecard has identified efficiencies that resulted in an estimated savings/cost avoidance of $100 million for TSA in FY07/FY08.

    "PIMS is an exciting business intelligence application that has had a far-reaching impact on the nation's security," said MicroStrategy's COO Sanju Bansal. "We are extremely proud that our business intelligence platform is helping TSA personnel to streamline the management of agency performance. With access to reliable and timely information, PIMS users have enhanced visibility into operations to help them make fact-based decisions driven by data."

    About MicroStrategy

    Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy is available at http://www.microstrategy.com/.

    MicroStrategy and MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

    Contact: Wende Cover MicroStrategy Incorporated 703-770-1646 wcover@microstrategy.com

    MicroStrategy

    CONTACT: Wende Cover of MicroStrategy, +1-703-770-1646,
    wcover@microstrategy.com

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




    BOOMj Store Announces New Office Category Offering a Variety of BrandsOVER 50,000 PRODUCTS NOW AVAILABLE FROM CANON, SWINGLINE, STANLEY, HEWLITT PACKARD, APPLE AND MORE ...

    LAS VEGAS, July 23 /PRNewswire-FirstCall/ -- BOOMj Inc. (BULLETIN BOARD: BOMJ) , a leading Web-based niche social network and e-commerce site serving more than 78 million Baby Boomers and adults over 35, announced today that the BOOMj store will now feature more than 50,000 brand name products in the office supply category. The store will now feature a complete line of office furniture including desks, chairs, filing cabinets as well as everyday office needs such as pens, paper, envelopes and staplers. New office technology products such as business grade computers, notebooks, printers and photocopiers have also been added. The category will also showcase classroom, break room and janitorial supplies.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20070131/BOOMJLOGO)

    The BOOMj Store offers close to two million brand name products at great values in categories including books, DVDs, music, cameras, computers, kitchenware, electronics, housewares, wellness, beauty and fragrance.

    "Whether we are self employed, run a small business, work for a large corporation, own a franchise or work in a school setting we all seek out brand name office products that keep our business life productive and in today's economy we certainly want to find the best prices and value for the products we need," said Wendy Borow-Johnson, President of BOOMj. "Introducing the office category in the store on BOOMj.com, allows users to easily purchase products without having to waste time searching the internet for the appropriate product at the best price, gives users the ability to get information about new products and also see product reviews by other BOOMj community members. Everything is available in one place at the tips of their fingers."

    The office category includes a variety of products from key brands which include Avery, 3M, Fellowes, Swingline, Stanley and Post-It. The key technology brands include Apple, Canon, Brother, Lenovo, HP and Lexmark among others.

    BOOMj membership is free, and members earn reward points to use towards purchases in the store. To help brands market their products, BOOMj creates brand profiles in its social network allowing brands to reach out to the community and giving BOOMj members access to exclusive offers and new product introductions. Today BOOMj launches brand profiles for Swingline, Lenovo, Lexmark, Canon, among others.

    "These brand profiles exemplify our commitment to providing the best social shopping experience for our members and goes beyond traditional e-commerce by integrating community, content, and e-commerce into the BOOMj member experience," continued Borow-Johnson.

    About BOOMj Inc.

    BOOMj Inc.(TM) (OTCBB: BOMJ) is a leading Web-based niche social network and e-commerce site serving more than 78 million Baby Boomers and Generation Jonesers. BOOMj provides an integrated and highly focused community which incorporates personalized social networking, online shopping, travel deals, video programming, and breaking headline news and focused content in: health, finance, politics, lifestyle, and movies/entertainment for members. BOOMj Inc., through its I-SUPPLY unit, also offers comprehensive e-commerce solutions for niche portals and social networks. For more information regarding the company, please visit http://www.boomj.com/.

    Safe Harbor Statement:

    This news release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases that say BOOMj or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All forward-looking statements are inherently speculative, and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in forward-looking statements. These risks and uncertainties include those set forth from time to time in our filings with the Securities and Exchange Commission. We are under no obligation, and do not undertake any duty, to update these forward-looking statements at any time.

    Photo: http://www.newscom.com/cgi-bin/prnh/20070131/BOOMJLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com BOOMj Inc.

    CONTACT: media, Stephanie Packard, +1-949-679-7000, stephanie@boomj.com,
    or investors, Mark Noffke, +1-702-481-1990, mark@boomj.com, both of BOOMj.com

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




    Fazio Jewel the Glen Club Now Sports ProLink's ProStar GPSVaunted Course Utilizes System's Superior Graphics and Revenue-Building Functions

    CHANDLER, Ariz., July 23 /PRNewswire-FirstCall/ -- ProLink Solutions, a wholly-owned subsidiary of ProLink Holdings Corp. (BULLETIN BOARD: PLKH) and the world's leading provider of Global Positioning Satellite ("GPS") golf course management systems and digital out-of-home on-course advertising, today announced that the Glen Club (Glenview, Ill.) now features the ProLink Solutions ProStar GPS system used at many of the world's most famous golf courses.

    Upon opening in 2001, the Glen Club became the first course ever named to the "best new" lists of Golf Digest, GOLF Magazine and Sports Illustrated in the same year. Architect Tom Fazio transformed a former Naval Air Base into a dramatic layout filled with elevation changes, prairie grasses, lakes and streams. True to Fazio form, the Glen Club is playable for average golfers yet a stout test for low-handicappers from the back tees.

    "With its colorful, accurate graphics and yardages, ProLink's ProStar GPS system is a perfect fit for the Glen Club," said Don Crowe, General Manager at the Glen Club. "It's a great assistance to our golfers and adds to their overall experience. The system helps shorten round times and simplifies a number of management tasks. It also generates added revenue with the food-and-beverage function, tournament scoring software and the ability to promote clubhouse specials."

    The Glen Club previously featured ProLink's GameStar GPS system. In 2007, ProLink posted a renewal rate of approximately 90 percent on expiring leases.

    "The Chicago area is blessed with a wealth of great daily-fee courses, and the Glen Club ranks among the very best. We are proud to call the club a trusted partner," said Lawrence D. Bain, CEO of ProLink Solutions. "High-end clubs and resorts have come to rely on ProLink GPS to provide a superior playing experience while enhancing revenue from several sources. That's why our base of installed courses continues to grow rapidly."

    With ProLink's patented, 10.4" high-resolution color screen -- the industry's largest -- the Glen Club's cart-mounted units display dynamic, easy-to-read graphics including distances to the pin and hazards, pro tips, pace-of-play timer and radial arc for cart-path-only holes. Golfers at the Glen Club will also be able to order food and beverage items with a touch of a button on the ProLink screen.

    For more information on the Glen Club, visit http://www.theglenclub.com/ or call 847.724.7272.

    About ProLink

    ProLink Solutions is the world's leading provider of GPS golf course management systems and revenue-generating on-course advertising. ProLink Solutions' core philosophy is to be a "Trusted Partner" to its golf-course customers. From enhancing golfers' overall experience and improving pace-of-play, to increasing current revenue streams and creating new profit centers for golf courses, ProLink Solutions' products and services have captured markets both nationally and globally. For more information about ProLink, visit http://www.goprolink.com/, call 480.753.2337 or email info@goprolink.com.

    CONTACT: Daniel Mitchell Buffalo Communications 253.312.4536 dmitchell@billycaspergolf.com Investor Relations Contact: CEOcast, Inc. Gary Nash 212.732.4300 gnash@ceocast.com

    ProLink Holdings Corp.

    CONTACT: Daniel Mitchell of Buffalo Communications, +1-253-312-4536,
    dmitchell@billycaspergolf.com; or Investors, Gary Nash of CEOcast, Inc.,
    +1-212-732-4300, gnash@ceocast.com, both for ProLink Holdings Corp.

    Web site: http://www.goprolink.com/
    http://www.theglenclub.com/




    NaeroDynamics Announces Acquisition of Information Edge Telco Solutions

    CHICAGO, July 23 /PRNewswire-FirstCall/ -- NaeroDynamics, Inc. (Pink Sheets: NAEO) today announced that it has acquired Information Edge Telco Solutions, Limited, an Irish Corporation (IETS). IETS provides continuous performance improvement, financial management and business information solutions for telecommunications companies as well as large corporate enterprises that utilize significant telecommunications networks. IETS has the capability to cleanse and normalize large quantities of data. Its unique ECM proprietary software has been specifically developed to carry out end to end circuit inventory management quickly and accurately from the disparate data sets obtained from clients. This software, along with the vast hands-on experience and knowhow of the IETS team, provides an intellectual advantage that equates to the identification of significant savings, typically 20% - 40%, of a customer's annual network expenditure. Capital Growth Systems, Inc. d/b/a Global Capacity was impressed by the capability of ECM and has entered into an agreement with IETS whereby IETS will provide front end data cleansing services for Global Capacity related to its telecommunications circuit cost optimization business. As part of this contract, IETS is currently providing cleansing services to Global Capacity on networks in over 30 countries.

    Additionally, as part of the acquisition, Rohan Chanmugam and Vilosh Brito, CEO and Director of Systems and Solutions of IETS respectively, have joined the NaeroDynamics board of directors, effective immediately.

    Mr. Chanmugam has over 25 years experience in the Telco sector including senior management and board level roles in several major global organizations. He is the founder and Chairman of niche Telecoms consultancy Clevercoms. His previous roles include -- Senior Vice President, Network Business Management at Equant (now Orange Business Services); Deputy Managing Director and Senior Vice President Finance, SITA Equant JV and Managing Director, BT [British Telecom] Aeronautical and Maritime. In addition Mr. Chanmugam has had several special advisory appointments including -- Strategic Advisor to the CEO of COLT Telecom Group (the UK's third largest operator).

    Mr. Brito has over 30 years of sound worldwide commercial experience in financial and operational management. His prior positions include: Founder and Managing Director of Decsisys Ltd.; Managing Director of CIMDEC Ltd -- an off-shoot of Digital Equipment Corporation (NZ) and Finance Director, Pepsi Cola in New Zealand.

    Lee Wiskowski, Co-CEO of NaeroDynamics stated, "We are extremely excited to have Rohan and Vilosh as part of our company. Rohan has over 25 years of relevant experience carrying out cost management and revenue generation for Telcom operators over the world and Vilosh has over 30 years of world-wide experience, both of which will be invaluable to executing the business plan."

    Rohan Chanmugam, CEO of IETS also stated, "We are extremely pleased to be part of NaeroDynamics. Having their access to capital and their relationships in the US market will only enhance our strong partnerships throughout the rest of the world. This will help us to accelerate growth of the business."

    Doug Stukel, Co-CEO of NaeroDynamics stated, "The current worldwide economic conditions make our service offering even more important to large telecommunication companies and other corporate users. Their history of realizing significant savings in the Telco spending arena makes us quite confident that we can become an industry leader in this space."

    Forward-Looking Statements

    Certain information discussed in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements.

    Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the company's inability to accurately forecast its operating results; the company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the company's business. The company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

    CONTACT: Skip Behm NaeroDynamics, Inc. 630-271-8590 SkipBehm@naerodynamics.com Maria Chanmugam IETS +44 20 7681 6989 maria@clevercoms.com

    NaeroDynamics, Inc.

    CONTACT: Skip Behm of NaeroDynamics, Inc., +1-630-271-8590,
    SkipBehm@naerodynamics.com; or Maria Chanmugam of IETS, +44 20 7681 6989,
    maria@clevercoms.com




    ChipMOS RECEIVES FINAL APPROVAL TO DECREASE THE REGISTERED CAPITAL OF ChipMOS SHANGHAI

    HSINCHU, Taiwan, July 23 /Xinhua-PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") announced today that its controlled subsidiary, ChipMOS TECHNOLOGIES (Shanghai) LTD. ("ChipMOS Shanghai"), has received the final approval from the Shanghai Foreign Investment Commission (the "SFIC") on July 22, 2008, to decrease its registered capital from US$250 million to US$130 million in response to an application by ChipMOS Shanghai in March 2008.

    The approval for the decrease in the registered capital of ChipMOS Shanghai reduces the obligation of MODERN MIND TECHNOLOGY LIMITED, a ChipMOS' consolidated subsidiary, for contribution of the unpaid registered capital of ChipMOS Shanghai from US$127.5 million to US$7.5 million, which will be due December 7, 2008.

    About ChipMOS TECHNOLOGIES (Bermuda) LTD.:

    ChipMOS ( http://www.chipmos.com/ ) is a leading independent provider of semiconductor testing and assembly services to customers in Taiwan, Japan, and the U.S. With advanced facilities in Hsinchu and Southern Taiwan Science Parks in Taiwan and Shanghai, ChipMOS and its subsidiaries provide testing and assembly services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.

    Forward-Looking Statements

    Certain statements contained in this announcement may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.

    Contacts: In Taiwan R.O.C. Dr. S.K. Chen ChipMOS TECHNOLOGIES (Bermuda) LTD. Tel: +886-6-507-7712 Email: s.k._chen@chipmos.com In the U.S. Joseph Villalta The Ruth Group Tel: +1-646-536-7003 Email: jvillalta@theruthgroup.com

    ChipMOS TECHNOLOGIES (Bermuda) LTD.

    CONTACT: Dr. S.K. Chen of ChipMOS, +886-6-507-7712,
    s.k._chen@chipmos.com; Joseph Villalta of The Ruth Group for ChipMOS,
    +1-646-536-7003, jvillalta@theruthgroup.com

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




    Giant Interactive to Launch ZT Online Classic Edition

    SHANGHAI, China, July 23 /Xinhua-PRNewswire-FirstCall/ -- Giant Interactive Group Inc. ("Giant" or the "Company"), one of China's leading online game developers and operators, announced today its plans to launch ZT Online Classic Edition, which will begin closed beta testing on July 23, 2008 and will operate concurrently with the original ZT Online.

    Our first game ZT Online, supported by continuously updated gameplay, features and functionality, has demonstrated phenomenal growth since its open beta test in April 2006, attracting new and loyal users daily. And while these upgrades have been well-received by the majority of our players, we have collected feedback from a segment of our gaming audience who prefer the original features and gameplay of ZT Online from the earlier days of its operation. As part of our market segmentation strategy, we are excited to meet this demand with the launch of ZT Online Classic Edition, a traditional version of the game that returns much of the functionality and features familiar to early players of ZT Online. ZT Online Classic Edition is designed to target former ZT Online players by providing a fun and accessible gaming experience.

    Mr. Yuzhu Shi, Giant's Chairman and CEO commented, "At Giant, we pride ourselves on our ability to quickly respond to the changing preferences of our players. As ZT Online continues to evolve, we recognized the need to support those of our players who, whether from nostalgia, gameplay preferences, or monetary considerations, may prefer a more traditional or 'classic' gaming experience. We hope that ZT Online Classic Edition will fill that role by providing a more approachable entry-point. While we expect ZT Online Classic Edition will be well received by its target audience, we do not expect that it will have a material impact on the company's financial position or outlook."

    About Giant

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

    Safe Harbor Statement

    This release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements about Giant's beliefs and expectations, are forward-looking. These statements include, among other things, Giant's ability to expand its player base and increase player loyalty through the release of ZT Online Classic Edition. Actual results may vary considerably; the release of ZT Online Classic Edition may not generate the anticipated benefits, including broadening of our player base and increasing player loyalty or otherwise increasing revenues and generating shareholder value. In addition, Giant's industry is highly competitive and it faces a number of risks including those outlined under "Risk Factors" beginning on page 7 of Giant's annual report on Form 20-F filed with the Securities and Exchange Commission on June 18, 2008. Giant undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release. Such information speaks only as of the date of this release.

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

    Giant Interactive Group Inc.

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

    Web Site: http://www.ga-me.com/




    Harris Corporation Conducts Successful Live Demonstration of New Wideband, Long-Range, Networked Maritime RadioNew SeaLancet(TM) Multi-band Networked Radio Developed for Tactical Maritime Applications

    MELBOURNE, Fla., July 23 /PRNewswire-FirstCall/ -- More than 50 representatives of the U.S. Navy and industry last week attended a live, "over-the-ocean" demonstration of Harris Corporation's new SeaLancet(TM) RT-1944/U tactical radio -- designed to provide network-centric communications from maritime-based networks to both ground- and air-based networks.

    During the three-day series of demonstrations, Harris successfully showcased the radio's high-throughput, long-range network-centric IP communications capabilities. The demonstrations featured an aircraft simulating an unmanned aerial vehicle, and three boats off the east coast of Florida as unmanned surface vehicles and tactical maritime platforms.

    Attendees witnessed real-time results of the radio's high-throughput transmission of voice (VoIP), data, files, chat, and digital streaming video from multiple platforms to the simulated Littoral Combat Ship (LCS) radio room and command center. Network IP traffic was demonstrated between up to five nodes and at data throughput rates as high as 54 Mbps, and at distances between nodes of greater than 100 nautical miles. This also successfully demonstrated the ability to relay communications between surface modules at distances greater than 200 nautical miles via an airborne relay.

    SeaLancet(TM) was designed to communicate high-volume sensor data from multiple Navy platforms to distant tactical ships, such as the LCS. Applications include anti-submarine warfare, mine warfare, anti-surface warfare, maritime interdiction, ship-to-ship communications, and wireless pier capability. The highly ruggedized radio can survive submersion in water up to 1 meter and operate at high altitudes.

    In addition to its use onboard LCSs, the compact radio can be applied to a wide range of Navy platforms, including ships, aircraft, unmanned vehicles, gateway buoys and distributed sensors. It also addresses the needs of similar maritime missions for the Department of Defense (DoD), the U.S. Coast Guard, and international military forces.

    "This event was a great success and demonstrated that SeaLancet(TM) provides secure and reliable net-centric communications to the edge of the maritime battlespace," said Wes Covell, president of Harris Defense Programs. "We are excited about this new product and proud of its distinction of being named the Naval Sea Systems Command's top Small Business Innovation Research (SBIR) program."

    SBIR programs are mission-oriented, research and development initiatives that provide small businesses an opportunity to participate in Navy and DoD programs. SeaLancet(TM) is a product of an SBIR between Harris and Melbourne, Florida-based RSS Corporation, and was recently selected for the newly established DoD Commercialization Pilot Program.

    "SeaLancet(TM) is an excellent example of a partnership between small business, prime contractor, and government," said Emilio Power, president of RSS. "We are excited to be able to successfully demonstrate net-centric, littoral communications for the warfighter."

    Harris Defense Programs develops, supplies, and integrates communications and information processing products, systems, and networks for a diverse base of aerospace, terrestrial and maritime applications supporting U.S. DoD missions. Harris is committed to delivering leading-edge technologies that support the military's ongoing transformation to network-centric communications.

    About Harris Corporation

    Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of more than $5 billion and 16,000 employees - including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(R) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/.

    Sleighton Meyer Jim Burke Harris Defense Programs Harris Corporation sleighton.meyer@harris.com jim.burke@harris.com 321-727-6514 321-727-9131 Marc Raimondi Harris Corporation - Washington, D.C. marc.raimondi@harris.com 202-729-3732

    Harris Corporation

    CONTACT: Sleighton Meyer, Harris Defense Programs,
    sleighton.meyer@harris.com, +1-321-727-6514, Jim Burke, Harris Corporation,
    jim.burke@harris.com, +1-321-727-9131, or Marc Raimondi, Harris Corporation -
    Washington, D.C., marc.raimondi@harris.com, +1-202-729-3732

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




    Next-Generation Home Gateways Will Leverage Verizon FiOS Capacities, Enable Dynamic Networked Services Inside the HomeDeployment of New Actiontec and Westell Routers Will Boost Total Home Download Speeds to Up to 175 Megabits per Second, Enable Multiple Wi-Fi Networks, Simplify In-Home Connectivity, and Support Future Value-Added Applications

    NEW YORK, July 23 /PRNewswire/ -- In a move that will make the FiOS experience even better and more exciting for residential customers, Verizon is upgrading the capabilities of its in-home network equipment to provide more capacity, higher speeds and many other benefits.

    The company announced that new broadband routers, designed to Verizon's specifications by Actiontec and Westell, will boost in-home speeds over coaxial cable to up to 175 megabits per second (Mbps) from 75 Mbps and allow operation of multiple simultaneous Wi-Fi networks. For example, customers will be able to modify security settings on each network, allowing a Wi-Fi network for guests and visitors, one with parental controls for young users, one for computers holding secure documents, or one for teleworking only. The new routers will be ready for deployment in the third quarter.

    "Verizon is already well into the second generation of technology for our fiber-to-the-home access network, and it's time to upgrade the home network technology as well, with broadband home routers that pack an unmatched degree of speed and service punch," said Brian Whitton, executive director, access network design and integration.

    "These routers will be the perfect complement to the access network. They go well beyond just allowing more speed or bandwidth -- they upgrade every key aspect of the FiOS experience," he said.

    Tushar Saxena, director, home networking technologies, said: "All of these capabilities, coupled with the ability to modularly expand and deliver new applications for the entire home right from the router with simplified setup, will take our FiOS services far beyond anything in the marketplace right now and propel our FiOS customer base toward the kind of home that networking futurists once promised but we can now deliver."

    The new equipment includes the MI424-WR by Actiontec and the UltraLine(R) Series 3 model 9100 by Westell, both custom-built for FiOS to Verizon specifications. Both vendors have supported other Verizon broadband services with modems, gateways and routers designed for Verizon.

    Among the design features and benefits of the new routers are: -- Higher bandwidth, offering 175 Mbps total data flow in the home.

    -- Support for up to four Wi-Fi networks, enabling more than one Wi-Fi network to operate simultaneously within the home.

    -- Quality of service controls to give traffic preference to critical services like voice or security devices.

    -- Remote management of Verizon devices and services beyond the router by Verizon technicians, improving the service and support experience for customers.

    -- Integrated dual-core processor to allow simultaneous networked data services, possibly including home security, home monitoring, network security and other applications.

    -- Support for media sharing between home devices, such as between TVs and PCs, media servers, and other consumer electronics, using DLNA and Universal Plug and Play standards now being adopted by hardware manufacturers to support connectivity and service integration.

    The new routers will also enable modular expansion using a USB interface, so that shared storage servers, printers, peripherals and other devices can be added when desired.

    In addition, Verizon required the vendors to shield the devices from electric power surges and make them energy efficient.

    The new routers will use an enhanced in-home networking technology called MoCA 1.1 that not only increases the speed of signals over coaxial cable in the home but in many case obviates the need to place Ethernet links to additional PCs, because an even broader, faster signal can be provided over coax already in place. This simplifies installation for both the Verizon technician and the customer.

    In addition, the MoCA 1.1 distribution technology increases to 15 from seven the number of set-top boxes or other devices that can operate simultaneously on the coax portion of the FiOS home network.[For further details, see separate news releases issued by Westell and Actiontec.]

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

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

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




    RealNetworks and Topics Entertainment Announce Casual Games Distribution PartnershipTwo Seattle-area companies team up to bring Real's top selling casual games to retail shelves across the country

    SEATTLE, July 23 /PRNewswire-FirstCall/ -- From Casual Connect Seattle, Topics Entertainment, the largest privately owned multimedia publishing company in the U.S., and digital entertainment services company RealNetworks(R), Inc. , today announced an agreement naming Topics the exclusive distributor of packaged new release RealArcade(R) games to retail stores throughout North America.

    RealArcade has a massive library of top-selling titles and key casual game brands spanning the online, portable and mobile phone games markets. Previously, packaged RealArcade games were published by various companies and sold without branding. This new partnership between Real and Topics Entertainment will extend the popular RealArcade brand to retail.

    "Working with Topics Entertainment will bring the RealArcade name to an expanded audience and our games will be immediately recognized by those who are already fans of our brand," said Matt Turetzky, vice president of content and non-PC platforms for the Games Division of RealNetworks.

    As a leader in publishing, development and distribution of casual games -- the fastest growing category of PC games -- Real chose Topics Entertainment for its publishing experience and ability to deliver products with distinctive packaging that announce the RealArcade presence.

    "We couldn't be happier about this partnership," said Topics Entertainment president Greg James. "It's the perfect opportunity to leverage RealArcade's dominant position in casual games at retail outlets and to continue expanding the game division of our company."

    Among the most popular genres of casual games are time management, hidden object and classic board and card games. Included in the first round of releases to retail stores are the following four titles:

    -- "UNO(R) Undercover(TM)," a new twist on Mattel's classic card game that includes an original storyline featuring Felicia Blue, a retired spy who achieved childhood fame as an UNO(R) prodigy. Casual gamers will help Felicia sleuth her way through a uniquely themed world of UNO(R), consisting of international spies and smugglers.

    -- "Sally's Salon," a time-management game set in a beauty shop, where players help Sally spread her salon savvy from her hometown shopping mall to the glittering lights of Hollywood as she beautifies everyone from little old ladies to punk rockers in ten unique salon locations.

    -- "Cate West: The Vanishing Files," a mysterious hidden object game tasking players with solving a series of unexplained cases. Cate, a celebrated novelist and insightful visionary, needs help connecting the crimes, finding clues, compiling evidence and naming the culprit in more than 75 levels of picture puzzle fun.

    -- "Little Shop of Treasures," another hidden object game and the first of an original series developed by Real's GameHouse Studios, takes place in the charming town of Huntington. Players help shop owners find more than 1,200 unique and cleverly hidden items for their customers, aiming to earn enough cash to open a shop of their own.

    More titles will follow the initial release and games will retail for $19.99 at major video game retailers nationwide. PC and Mac versions of these and other casual games in Real's extensive catalog can be trialed and purchased at http://www.realarcade.com/ and http://www.gamehouse.com/.

    RNWK - G

    About TOPICS Entertainment

    Founded in 1990, TOPICS Entertainment is the largest, privately owned multimedia publishing company in the United States. TOPICS offers more than 300 consumer language-learning, education and entertainment multimedia products. An active supporter of the environment and education, TOPICS donates five percent of pre-tax profits to a variety of conservation and environmental education organizations. http://www.topics-ent.com/.

    About RealNetworks

    RealNetworks, Inc. delivers digital entertainment services to consumers via PC, portable music player, home entertainment system or mobile phone. Real created the streaming media category in 1995 and has continued to lead the market with pioneering products and services, including: RealPlayer(R), the first mainstream media player to enable one-click downloading and recording of Internet video; the award-winning Rhapsody(R) digital music service, which delivers more than 1 billion songs per year; RealArcade(R), one of the largest casual games destinations on the Web; and a variety of mobile entertainment services, such as ringback tones, offered to consumers through leading wireless carriers around the world. RealNetworks' corporate information is located at http://www.realnetworks.com/company.

    RealNetworks, GameHouse, RealArcade, Rhapsody and RealPlayer are registered trademarks of RealNetworks, Inc. or its wholly owned subsidiary. All other trademarks and names of products mentioned herein are the property of their respective owners.

    RealNetworks, Inc.

    CONTACT: Max Cowsert of TOPICS Entertainment, +1-425-656-3621,
    mcowsert@topics-ent.com; or Tiffany Dunning of RealNetworks, +1-206-892-6733,
    tdunning@real.com; or Bailey Locke of SHIFT Communications, +1-415-591-8457,
    blocke@shiftcomm.com

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




    RealNetworks Continues Leadership in Casual Games With New Partners, New Content and InnovationMaintains success in bringing the best casual games to consumers on a variety of platforms

    SEATTLE, July 23 /PRNewswire-FirstCall/ -- From Casual Connect Seattle, digital entertainment services company RealNetworks(R), Inc. is showcasing the recent activities and successes of its Games Division, including announcements that extend customer reach; provide new content on the PC and across console, handheld and mobile platforms; and make public a key milestone for its in-game advertising business. A pioneer in the casual gaming industry, Real announced in May of this year its intention to separate its global casual games business into an independent company and distribute shares of the newly created games company to its shareholders, providing the Games Division, RealGames, a new opportunity to flourish and lead the industry.

    "In addition to our continued work with partners like Hasbro and Mattel, we've been hard at work developing fresh content and expanding onto new platforms like the Nintendo Wii," said Harold Zeitz, chief operating officer of RealNetworks' Games Division. "Every day, we're reaching new players through our portals and growing distribution network, bringing consumers new ways to play the fun games they love."

    Extending Customer Reach

    Through an exclusive, newly-announced partnership with Topics Entertainment, the largest privately owned multimedia publishing company in the U.S., packaged RealArcade(R) games will be distributed to retail stores throughout North America. This new partnership will extend the popular RealArcade brand to retail, with planned Fall 2008 releases including "UNO Undercover(TM)," "Little Shop of Treasures," "Sally's Salon" and "Cate West: The Vanishing Files."

    This new, direct-to-consumer channel builds upon Real's expansive global reach through its syndication and distribution network, which includes partners like AOL, MSN and Lifetime. At Casual Connect in Amsterdam (February 2008), Real announced an exclusive partnership with the world's fastest growing casual games network, SPILL GROUP. Based in The Netherlands, SPILL owns and operates 30 games portals throughout Europe, Asia and North- and South America.

    Delivering New Content Consumers Want

    Real continues to bring new and award-winning games to the market, and is highlighting two of its newest games at Casual Connect:

    -- "UNO Undercover(TM)" - This casual game adaptation of America's favorite card game was developed as part of Real and Mattel, Inc.'s multi-year agreement, a partnership announced at last year's Casual Connect Seattle. Mattel and Real have since been working together to deliver some of Mattel's most recognizable games for downloadable PC and online game play throughout the world on Real's extensive distribution network. -- "Little Shop - Road Trip" - In this fourth installment of the popular "Little Shop" series, the seek-and-find genre hits the open road with a full tank! Developed by Real's Seattle-based GameHouse(R) Studios, the series has been a best-selling hidden object franchise throughout Real's extensive network since the inaugural title "Little Shop of Treasures" launched early in 2007. -- To ease the wallet strain that could be brought on by a real road trip, given current gas prices, Real will be giving away gas to promote the new game release (see full release for details).

    Both of these games are available now at http://www.realarcade.com/ and http://www.gamehouse.com/.

    In addition, Real is announcing a syndication partnership with National Geographic Channel (NGC). Under this partnership, NGC is launching the conservation themed real-time simulation game -- "Habitat Rescue! With National Geographic Channel" -- in which users help a pride of lost lions restore their natural paradise. The game is the centerpiece for the launch of NGC's new online game site, http://www.natgeotv.com/games, which includes a collection of hundreds of Real's games, categorized to align with NGC's content and brand: Animals & Nature, Science & Technology, History & Events, Exploration & Adventure, People & Places, and Preserve Our Planet. "Habitat Rescue! With National Geographic Channel" was developed by Rebel Monkey, published by Real and will be available exclusively at http://www.natgeotv.com/.

    Building Cross-Platform Games Franchises

    Real is continuing its strategy of extending its most popular games like "Super Collapse!", "Sally's Salon" and "Little Shop of Treasures" beyond the PC to game consoles and mobile phones. At Casual Connect, Real is showing a lineup of games on multiple devices, including its first game developed for the Nintendo(R) Wii(TM):

    -- Real recently announced new games for Nintendo systems, including its first retail title for the Nintendo Wii, "Mortimer Beckett and the Secrets of Spooky Manor," and two new titles for the Nintendo DS(TM), "Sally's Salon" and "Tropix". All three titles experienced marked success on Real's online portals and have been reformatted and optimized with new features that utilize the new platform capabilities, such as multi-player modes and touchscreen challenges. These titles will be available at major video game retailers this fall.

    -- Another first for Real, "South Park Imaginationland" is the company's first iPhone compatible mobile game title and is now available for purchase only in the iTunes store.

    -- Also announced earlier this year was touch-screen support for Real's mobile games library of titles. At the show, Real will show its mobile game adaptations of two notably successful titles, "Sally's Salon" and "Little Shop of Treasures." Both games will be shown on touch-screen devices to demonstrate this capability.

    As Real continues with its cross-platform strategy, the Games Division is exploring opportunities on platforms such as WiiWare(TM) and XBox LIVE Arcade(R), aiming to deliver to consumers the games they want, whenever and wherever they want to play them, on whichever device they choose.

    Crossing New Milestone for In-Game Advertising

    This month, Real's advertising business achieved a new milestone by serving its 400 millionth in-game ad impression. This is a testament to the value that advertisers are gaining by targeting casual games as an effective advertising medium. Real pioneered the streaming of in-game video advertising in early 2006 as a form of monetization and an innovative way to provide free game play for consumers.

    Casual Gaming represents an ideal opportunity for advertisers that target women, who often make the majority of purchasing decisions in their household. To paint a vivid picture of the average casual gamer, Real commissioned Information Solutions Group (ISG) to survey over 5,000 RealArcade.com and GameHouse.com users earlier this year, resulting in the following newly-released data:

    Player Profiles

    -- At 85% of all users, females continue to be the primary users of Real Networks portals GameHouse.com and RealArcade.com.

    -- Two-thirds (66%) of GameHouse and RealArcade users are married. 29% are married with children living at home, another 27% are married with children not living at home, while 10% are married with no children.

    -- 40% of users are between 30 and 50 years of age [73% are between 30 and 60 years of age].

    -- Over half (56%) of GameHouse and RealArcade users work full time or are self employed, followed by 17% who are retired.

    -- Four out of ten (39%) of those playing GameHouse and RealArcade games identified themselves as college graduates, with 11% having an advanced degree.

    Leisure Time Activities

    -- When asked to rate their involvement in 21 different leisure activities, ranging from "daily" to "never," we found that GameHouse and RealArcade users spend a significant part of their leisure time playing casual games. 93% play casual games at least once a week with over half (53%) playing daily, followed by 90% who watch TV/movies at home at least once a week.

    -- Listening to music/radio (89%), reading a book, magazine or newspaper (89%) and talking on the phone (87%) round out the top five leisure-time activities.

    -- When asked to identify the leisure activity they participate in most often, 22% said they watch TV/movies at home most, followed by 18% who play casual games most often.

    -- GameHouse and RealArcade users watch drama/adventure shows (72%) and movies (71%) on TV most often, followed by the news (58%) and situation comedies at 46%.

    -- Half (50%) of the GameHouse and RealArcade users said Rock music is one of their favorite music genres, followed by Country (45%) and Pop at 36%.

    This international research was conducted by Information Solutions Group, http://www.infosolutionsgroup.com/ for RealNetworks RealGames. The results are based on online surveys completed by 5,456 respondents randomly selected between January 8, 2008 and January 18, 2008. The audience consisted of 818 men and 4,638 women website visitors. In theory, in 19 cases out of 20, the results will differ by no more than 1.3 percentage points from what would have been obtained by seeking out and polling all GameHouse.com and RealArcade.com users age 18 and over. Smaller subgroups reflect larger margins of sampling error. Other sources of error, such as variations in the order of questions or the wording within the questionnaire, may also contribute to different results.

    RealNetworks' Games Division is a leader in the casual games industry worldwide, with a vertically integrated development, publishing, licensing, distribution and retail business. Casual games are family friendly and easy-to-learn but can be difficult to master. Played on personal computers, mobile handsets, portable devices and living room consoles, casual games include board, card, puzzle, word and hidden-object games.

    RNWK-G

    ABOUT REALNETWORKS

    RealNetworks, Inc. delivers digital entertainment services to consumers via PC, portable music player, home entertainment system or mobile phone. Real created the streaming media category in 1995 and has continued to lead the market with pioneering products and services, including: RealPlayer(R), the first mainstream media player to enable one-click downloading and recording of Internet video; the award-winning Rhapsody(R) digital music service, which delivers more than 1 billion songs per year; RealArcade(R), one of the largest casual games destinations on the Web; and a variety of mobile entertainment services, such as ringback tones, offered to consumers through leading wireless carriers around the world. RealNetworks' corporate information is located at http://www.realnetworks.com/company.

    RealNetworks, GameHouse, RealArcade, Rhapsody and RealPlayer are registered trademarks of RealNetworks, Inc. or its wholly owned subsidiary. Nintendo, Nintendo DS and Wii are trademarks of Nintendo. All other trademarks and names of products mentioned herein are the property of their respective owners.

    RealNetworks, Inc.

    CONTACT: Tiffany Dunning of RealNetworks, +1-206-892-6733,
    tdunning@real.com; or Bailey Locke of SHIFT Communications, +1-415-591-8457,
    blocke@shiftcomm.com, for RealNetworks

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




    RealNetworks Takes Popular 'Little Shop' Series on the Road'Little Shop - Road Trip,' fourth edition in hit casual gaming series, now available on GameHouse.com and RealArcade.com

    SEATTLE, July 23 /PRNewswire-FirstCall/ -- From Casual Connect, the Games Division of digital entertainment services provider RealNetworks(R), Inc. today announced the fourth installment of the popular "Little Shop" series, "Little Shop - Road Trip." To celebrate the new game, RealArcade.com is offering casual gamers a chance to win one of four gift cards, to help ease the pain at the pump during their own summer road trips.

    Designed by Real's Seattle-based GameHouse(R) Studios, the "Little Shop" series of casual games are some of the most popular titles in the highly competitive genre of hidden object games. Each game in the "Little Shop" series features vivid scenes, clever clues, and original challenges to help gamers find cleverly hidden items among these unique little shops.

    Matt Turetzky, vice president of content and non-PC platforms for Real's Games Division, said "From the beginning, the Little Shop series has been the top-selling franchise across our portals and distribution network in the hottest segment of the casual games business -- hidden object games. 'Little Shop - Road Trip' is a ground-breaking title for us with innovative features, stunning animation and challenging new puzzles."

    In the first three Little Shop games, players started their own business in the quaint little town of Huntington, and then successfully moved it to the Big City. GameHouse now invites you to take a break from your thriving little shops and set off on the road to fun with "Little Shop - Road Trip." Venture across the U.S. in search of Americana! Visit dazzling scenes from Seattle to South Beach on your quest to collect rare and exclusive new items for your shops back home. Featuring two great game modes, thousands of cleverly hidden objects, over 100 levels of original gameplay, 16 cinematic scenes, new bonus mini-games, a new "Magnet" hint feature, and miles and miles of family fun; there's more to be seen in "Little Shop - Road Trip" than ever before.

    As summer road trips get into full swing, RealArcade.com is helping to ease players' pain at the gas pump by giving away four gift cards. Between July 23 and August 12, gamers can enter to win a grand prize of a $200 gift card or one of three $100 gift cards, with no purchase necessary. RealArcade.com customers will also be able to enter the sweepstakes via an entry link on the "Little Shop - Road Trip" game page.

    Along with the entire "Little Shop" series and Real's extensive library of fun, casual, online games, "Little Shop - Road Trip" is now available for the PC at RealArcade.com and for both the Mac and PC at GameHouse.com.

    RealNetworks' Games Division is one of the world's largest developers, publishers and distributors of casual games. As a leading global publisher, Real offers game developers expertise in games marketing and the opportunity to tap into its network of Web sites, global distribution and syndication partners.

    RNWK-G

    ABOUT REALNETWORKS

    RealNetworks, Inc. delivers digital entertainment services to consumers via PC, portable music player, home entertainment system and mobile phone. Real created the streaming media category in 1995 and has continued to lead the market with pioneering products and services, including: RealPlayer(R), the first mainstream media player to enable one-click downloading and recording of Internet video; the award-winning Rhapsody(R) digital music service, which delivers more than 1 billion songs per year; RealArcade(R), one of the largest casual games destinations on the Web; and a variety of mobile entertainment services, such as ringback tones, offered to consumers through leading wireless carriers around the world. RealNetworks' corporate information is located at http://www.realnetworks.com/company.

    RealNetworks, GameHouse, RealArcade, Rhapsody and RealPlayer are registered trademarks of RealNetworks, Inc. or its wholly owned subsidiary.

    RealNetworks, Inc.

    CONTACT: Tiffany Dunning of RealNetworks, +1-206-892-6330,
    tdunning@real.com; or Audrey Craipain of SHIFT Communications,
    +1-415-591-8427, acraipain@shiftcomm.com, for RealNetworks

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




    RealNetworks and Mattel Announce the Release of 'UNO Undercover'New game takes classic favorite to the casual space under multi-year agreement

    SEATTLE, July 23 /PRNewswire-FirstCall/ -- From Casual Connect Seattle, digital entertainment services company RealNetworks(R), Inc. and Mattel, Inc. today announced the release of "UNO Undercover(TM)." This casual game adaptation of America's number one card game was developed as part of Real and Mattel's exclusive multi-year agreement announced at last year's Casual Connect Seattle. Mattel and Real have since been working together to deliver some of Mattel's most recognizable games for downloadable PC and online game play throughout the world on Real's extensive distribution network.

    "We are pleased to be working with Real's strong casual games development team to bring players new and dynamic ways to enjoy one of our flagship brands, UNO(R)." said Cynthia Neiman, vice president, digital play for Mattel, Inc. "UNO Undercover" brings a fresh, light-hearted, engaging story element to the classic game play that will allow fans to enjoy UNO in a new way and also introduces our family-friendly brand to new players around the world."

    "UNO Undercover," is an interesting twist on the classic favorite card game UNO, which was originally developed in 1971 and has since sold more than 200 million games in more than 80 countries. This new adaptation includes a cast of appealing characters including the story's star, Felicia Blue, a retired spy and family woman of action who achieved childhood fame as an UNO prodigy. Casual gamers will help Felicia sleuth her way through the professional world of UNO, consisting of international spies and smugglers. In addition to the story mode, players can choose to play the classic game with up to three computer-controlled competitors.

    "'UNO Undercover' is a fun, interactive take on a classic family favorite," said Matt Turetzky, vice president of content and non-PC platforms for Real's Games Division. "With the game's mystery storyline and an original cast of characters, this new format of UNO adds a unique contemporary twist to a true perennial powerhouse."

    As a leading publisher, developer and distributor of casual games -- the fastest growing category of PC games -- Real was chosen by the world's largest toy and game manufacturer, Mattel, for its extensive distribution network and prominence in the industry.

    "UNO Undercover" is now available for trial and purchase at RealArcade.com and GameHouse.com. It will also be available later this Fall at leading retailers throughout North America.

    RNWK-G

    ABOUT REALNETWORKS

    RealNetworks, Inc. delivers digital entertainment services to consumers via PC, portable music player, home entertainment system and mobile phone. Real created the streaming media category in 1995 and has continued to lead the market with pioneering products and services, including: RealPlayer(R), the first mainstream media player to enable one-click downloading and recording of Internet video; the award-winning Rhapsody(R) digital music service, which delivers more than 1 billion songs per year; RealArcade(R), one of the largest casual games destinations on the Web; and a variety of mobile entertainment services, such as ringback tones, offered to consumers through leading wireless carriers around the world. RealNetworks' corporate information is located at http://www.realnetworks.com/company.

    About Mattel

    Mattel, Inc., is the worldwide leader in the design, manufacture and marketing of toys and family products. The Mattel family is comprised of such best-selling brands as Barbie(R), the most popular fashion doll ever introduced, Hot Wheels(R), Matchbox(R), American Girl(R), Radica(R) and Tyco(R) R/C, as well as Fisher-Price(R) brands, including Little People(R), Power Wheels(R) and a wide array of entertainment-inspired toy lines. Mattel is recognized as one of the 100 Most Trustworthy U.S. Companies by Forbes Magazine and is ranked among the 100 Best Corporate Citizens by CRO Magazine. Committed to ethical manufacturing practices, Mattel marks a 10-year milestone in 2007 for its ever-evolving Global Manufacturing Principles and focus on sustainable business practices. With global headquarters in El Segundo, Calif., Mattel employs more than 30,000 people in 43 countries and territories and sells products in more than 150 nations. Mattel's vision is to be the world's premier toy brands -- today and tomorrow.

    UNO and associated trademarks and trade dress are owned by Mattel, Inc. (C) 2007 Mattel, Inc. All Rights Reserved. SCRABBLE is a registered trademark of J.W. Spear & Sons, Limited, a subsidiary of Mattel, Inc.

    RealNetworks, GameHouse, Mr. Goodliving, RealArcade, Rhapsody, RealPlayer and the Real logo are trademarks or registered trademarks of RealNetworks, Inc. or its subsidiaries.

    RealNetworks, Inc.

    CONTACT: Tiffany Dunning of RealNetworks, +1-206-892-6733,
    tdunning@real.com; or Michele Sturdivant of Mattel, 1-310-252-4374,
    michelle.sturdivant@mattel.com; or Bailey Locke of SHIFT Communications,
    +1-415-591-8457, blocke@shiftcomm.com

    Web site: http://www.realnetworks.com/
    http://www.mattel.com/




    National Geographic Channel Launches Robust Online Game Site - Featuring Debut of Exclusive New Game In Partnership With RealNetworks'Habitat Rescue! With National Geographic Channel' Joins Extensive, Fully Interactive Line-Up of NGC Themed Games Powered by Real at www.natgeotv.com/games

    SEATTLE, July 23 /PRNewswire-FirstCall/ -- Welcome to the jungle with just a click of the mouse! National Geographic Channel (NGC) and digital entertainment services company RealNetworks(R), Inc. today announced the launch of the real-time simulation game -- "Habitat Rescue! With National Geographic Channel" -- in which users help a pride of lost lions restore their natural paradise. The game is the centerpiece for the launch of NGC's new online game site, http://www.natgeotv.com/games, which includes a collection of hundreds of Real's games, categorized to align with NGC's content and brand: Animals & Nature, Science & Technology, History & Events, Exploration & Adventure, People & Places, and Preserve Our Planet.

    The launch of the games site and "Habitat Rescue! With National Geographic Channel" is a continuation of the network's digital momentum, and comes on the heels of the successful Spring 2008 redesign of the Channel's home web site, http://www.natgeotv.com/, which showcases more than 1,000 video clips and full length shows across seven broadband channels.

    Today is the day to grab your safari gear and binoculars and help your lions solve puzzles, embark on adventures, raise their families and heal their natural habitat. "Habitat Rescue! With National Geographic Channel" sets a scene where pollution and environmental destruction have ravaged the lion's ancestral home, and it's up to players to guide their lions on a fantastic journey to reclaim their lost kingdom. Along the way, the lions will encounter hyenas, crocodiles, hippos, and other inhabitants of the vast savanna. Watch as your lions learn, grow and have offspring in real-time -- even if your computer is turned off. "Habitat Rescue! With National Geographic Channel" was published by RealNetworks and developed by Rebel Monkey, a New York entertainment company dedicated to enabling new kinds of immersive play for casual gamers.

    "We have produced a portfolio of innovative and dynamic online games as diverse as our programming, but until now they've only been linked to the show-specific websites," said Brad Dancer, National Geographic Channel's senior vice president of research and digital media. "The launch of our game hub will be a single destination that will allow users to sample among the games much more readily. And working with RealNetworks on our newest creation has resulted in a particularly fun and rich experience, that is also educational, making it the perfect showpiece for the launch of our site."

    "Real is always looking for syndication opportunities to bring our popular casual games to new audiences," said Rutger Peters, vice president, global sales and marketing for the Games Division at RealNetworks. "Partnering with a major consumer brand like National Geographic to deliver entertainment that will resonate with their core audience is just one of the ways Real is expanding our reach and creating new fans of casual games every day."

    RealNetworks' Games Division is one of the world's largest developers, publishers and distributors of casual games. As a leading global publisher, Real offers game developers the opportunity to tap into its network of Web sites, global distribution and syndication partners and expertise in games marketing.

    RNWK-G ABOUT REALNETWORKS:

    RealNetworks, Inc. delivers digital entertainment services to consumers via PC, portable music player, home entertainment system and mobile phone. Real created the streaming media category in 1995 and has continued to lead the market with pioneering products and services, including: RealPlayer(R), the first mainstream media player to enable one-click downloading and recording of Internet video; the award-winning Rhapsody(R) digital music service, which delivers more than 1 billion songs per year; RealArcade(R), one of the largest casual games destinations on the Web; and a variety of mobile entertainment services, such as ringback tones, offered to consumers through leading wireless carriers around the world. RealNetworks' corporate information is located at http://www.realnetworks.com/company.

    ABOUT NGC:

    Based at the National Geographic Society headquarters in Washington, D.C., the National Geographic Channel (NGC) is a joint venture between National Geographic Ventures (NGV) and Fox Cable Networks (FCN). Since launching in January 2001, NGC initially earned some of the fastest distribution growth in the history of cable and more recently the fastest ratings growth in television. The network celebrated its fifth anniversary January 2006 with the launch of NGC HD which provides the spectacular imagery that National Geographic is known for in stunning high-definition. NGC has carriage with all of the nation's major cable and satellite television providers, making it currently available to more than 67 million homes. For more information, please visit http://www.nationalgeographic.com/channel.

    RealNetworks, RealArcade, Rhapsody and RealPlayer are registered trademarks of RealNetworks, Inc. or its wholly owned subsidiary.

    RealNetworks, Inc.

    CONTACT: Russell Howard, +1-202-912-6652, RHoward@natgeochannel.com, or
    Chris Albert, +1-202-912-6526, CAlbert@natgeochannel.com, both of the National
    Geographic Channel; or Dara Klatt, +1-202-912-6720,
    Dara.Klatt@natgeochannel.com; or Lindsay Drewel, President of Lindsay Drewel
    Public Relations, +1-301-312-8863, Lindsay@lindsaydrewelpr.com; or Tiffany
    Dunning of RealNetworks, +1-206-892-6733, TDunning@real.com; or Audrey
    Craipain of SHIFT Communications, +1-415-591-8427, ACraipain@shiftcomm.com,
    for RealNetworks

    Web site: http://www.realnetworks.com/
    http://www.natgeotv.com/




    Cobra Electronics Reports Profitable Second QuarterImproved Margins and Reduced Expenses Drive ProfitabilitySales Decline Primarily Attributable to Mobile Navigation Strategy

    CHICAGO, July 23 /PRNewswire-FirstCall/ -- Cobra Electronics Corporation , a leading global designer and marketer of mobile communications and navigation products, today reported net income of $1.7 million, or $0.26 per fully diluted share, for the second quarter of 2008, as compared to a net loss of $434,000, or $0.07 per share, in the prior year's second quarter. The company reported increased profitability due to improved gross margins and reduced operating expenses offsetting a decline in sales to $34.3 million from $39.2 million in the prior year's second quarter. Cobra also reported that the Performance Products Limited ("PPL") segment was highly profitable and accretive to earnings, as sales increased by 43 percent and gross margins improved significantly. The second earn-out period for PPL's former shareholders ended during the second quarter and, based on PPL's financial results, it is anticipated that an earn-out payment will be payable.

    "We are pleased with Cobra's improved performance in the second quarter," said Jim Bazet, Cobra's President and Chief Executive Officer. "In particular, the performance of PPL was very strong, continuing the trends evident in their first quarter results. New business opportunities and a broad assortment of mobile navigation offerings drove higher sales and an increase in operating earnings to $1.9 million from $81,000 in the prior year's second quarter. In the Cobra segment, higher gross margins and lower operating expenses led to earnings from operations of $782,000, as compared to a loss from operations of $1.3 million in the prior year."

    Net sales for the quarter declined to $34.3 million from $39.2 million in the prior year. Mobile navigation sales in the Cobra segment accounted for approximately $4.0 million of this decline, reflecting the company's strategy to discontinue development of mass marketed mobile navigation products for the North American market and focus its efforts on niche opportunities. Additionally, sales of two-way radios and radar detectors declined, due to weak store traffic and competitive pressures, while Citizens Band radio sales improved, reflecting the launch of the 29 LTD BT -- the only Citizens Band radio with Bluetooth(R) wireless technology. Additionally, European sales for the Cobra segment were strong, increasing by 16% over the prior year's second quarter. Net sales in the PPL segment increased by more than $1.6 million, including strong growth in the mobile navigation product line and continued sales of SD cards containing speed camera locations and other data for use in smartphones.

    Cobra reported across-the-board improvements in gross margins as compared to the second quarter of 2007. On a consolidated basis, Cobra's gross margin increased to 33.3 percent from 21.4 percent in the prior year. This reflected an improvement in gross margin in the Cobra reporting segment to 28.4 percent from 19.5 percent, as well as a 60.0 percent gross margin for the PPL segment, an increase from 39.0 percent in the prior year. The gross margin in the Cobra segment was favorably impacted by a substantial reduction in airfreight, improved margins from new products and improved margins in mobile navigation as the selling price for its most recent product, the NavOne(TM) 5000, remained stable through the second quarter. PPL's gross margin improved as the sales mix shifted to higher margin sales of proprietary data, including the sale of SD cards for use in smartphones and download fees for mobile navigation and GPS speed camera locator products.

    Selling, general and administrative expenses declined to $8.8 million in the second quarter from $9.6 million in the prior year. This decline represents a concerted effort by management to curtail expenses and includes headcount reductions and lower professional fees, as well as lower variable expenses on lower sales. "As noted at the conclusion of the first quarter, we have communicated throughout the company that operating expenses must be watched closely and each expense scrutinized before making commitments," said Mr. Bazet. "We are pleased with the continued progress in this area and intend to remain focused on these efforts."

    Cobra also recorded other expenses of $114,000 in the second quarter, as compared to other income of $358,000 in the same quarter of the prior year. The most significant element of this swing was a $113,000 loss on the cash surrender value of life insurance that the company owns for the purpose of funding deferred compensation programs for several current and former officers of the company; this was in contrast to a gain on cash surrender value of $152,000 in the prior year. The loss was generated as the investment vehicles in which the cash was invested declined in value in line with the overall financial markets. Additional income in the prior year included promotional funds from a provider of navigation data, foreign exchange gains and royalty income.

    Results for the first six months of 2008 also demonstrated considerable improvement in earnings as compared to the prior year. Net income for the year-to-date was $1.8 million or $0.28 per fully diluted share as compared to a net loss of $1.2 million, or $0.18 per share, for the first two quarters of 2007. This substantial improvement in earnings, generated in spite of a decline in sales to $63.2 million from $71.3 million last year, was driven by improved gross margins, which increased to 32.2 percent from 23.1 percent last year, and by lower operating expenses, which declined to $17.1 million in the current year from $18.7 million in the prior year. Offsetting, in part, these improved operating results were other expenses of $306,000 as compared to other income of $615,000 last year. The primary driver for these expenses was a decline of $461,000 in the cash surrender value of life insurance that is used to fund deferred compensation programs for certain current and former executives of the company; this decline is the result of the overall decline in the financial markets and will not affect the company's ability to meet its obligations to these executives or recover the designated costs of the deferred compensation programs. Other income in the prior year included a gain on the cash surrender value of life insurance of $220,000, as well as exchange gains, royalty income and promotional funds from a provider of navigation data.

    Cobra maintained its strong balance sheet position during the second quarter. The company had interest-bearing debt of $17.1 million as of June 30, 2008 and cash of $7.7 million, for net debt of $9.4 million, as compared to net debt of $14.1 million in the prior year. Inventory at the end of the second quarter increased to $30.2 million (including $4.2 million of inventory at PPL) from $29.8 million the prior year (including $4.1 million of inventory at PPL). Accounts receivable at the end of the quarter, including $1.3 million at PPL, were $19.4 million, a decline from $20.6 million one year earlier. Net book value per share as of June 30, 2008 decreased to $10.25 from $10.52 one year ago, but reflected an increase from a book value of $10.06 as of December 31, 2007.

    The second and final earn-out period under the purchase agreement pursuant to which the company acquired PPL concluded as of May 31, 2008. The aggregate amount of the earn-out payment payable to the former shareholders of PPL will be calculated based on the results during the earn-out period after giving effect to product returns and other factors impacting earn-out period earnings occurring during the ninety-day period after the conclusion of the earn-out period. Based on the information currently available, it is anticipated that the aggregate earn-out payment to the former shareholders of PPL will not exceed $10.0 million and that such payment will be made in the fourth quarter of 2008 and treated as additional purchase price.

    Mr. Bazet also provided the company's outlook for the third quarter of 2008, and reaffirmed earlier guidance. "We remain cautious regarding the course of the economy and the pace of consumer spending in response to higher gas prices, increased unemployment and the decline in housing values. Nevertheless, Cobra is forecasting that the company will return to profitability in 2008, although revenue is likely to decline from the prior year, as we only selectively pursue niche opportunities in mobile navigation in North America and store traffic moderates. This pattern is likely to be evident in third quarter results, as we anticipate lower revenue but an improved bottom line relative to the prior year."

    Cobra will be conducting a conference call on July 23, 2008 at 11:00 a.m. EDT to discuss second quarter results as well as its current strategies and outlook. The call can also be accessed live or through replay via the Internet at http://www.cobra.com/.

    About Cobra Electronics

    Cobra Electronics is a leading global designer and marketer of communication and navigation products, with a track record of delivering innovative and award-winning products. Building upon its leadership position in the GMRS/FRS two-way radio, radar detector and Citizens Band radio industries, Cobra identified new growth opportunities and has aggressively expanded into the marine market and has expanded its European operations. The Consumer Electronics Association, Forbes and Deloitte & Touche have all recently recognized Cobra for the company's innovation and industry leadership. To learn more about Cobra Electronics, please visit the Cobra site at http://www.cobra.com/.

    Safe Harbor

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks and uncertainties. Actual results may differ materially from these expectations due to factors such as the acceptance of Cobra's new and existing products by customers, the continued success of Cobra's cost containment efforts and the continuation of key distribution channel relationships. Please refer to Cobra's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, for a more detailed discussion of factors that may affect Cobra's performance.

    Condensed Consolidated Statements of Operations (in thousands, except per share amounts, unaudited) For the Three Months For the Six Months Ended Ended June 30, June 30, June 30, June 30, 2008 2007 2008 2007 Net sales $34,318 $39,215 $63,176 $71,251 Cost of sales 22,878 30,835 42,820 54,783 Gross profit 11,440 8,380 20,356 16,468 Selling, general and administrative expense 8,784 9,632 17,091 18,668 Earnings (loss) from operations 2,656 (1,252) 3,265 (2,200) Other income (expense): Interest expense (241) (411) (544) (730) Other, net (114) 358 (306) 615 Earnings (loss) before taxes 2,301 (1,305) 2,415 (2,315) Tax provision (benefit) 584 (874) 610 (1,172) Minority interest (7) (3) (14) (11) Net earnings (loss) $1,710 $(434) $1,791 $(1,154) Net earnings (loss) per common share: Basic $0.26 $(0.07) $0.28 $(0.18) Diluted $0.26 $(0.07) $0.28 $(0.18) Weighted average shares outstanding: Basic 6,471 6,454 6,471 6,446 Diluted 6,471 6,454 6,471 6,446 Dividends declared per common share $- $- $0.16 $0.16 Condensed Consolidated Balance Sheets (in thousands, unaudited) ASSETS: June 30, December 31, June 30, 2008 2007 2007 Current assets: Cash $7,679 $1,860 $3,061 Accounts receivable, net 19,405 26,804 20,594 Inventories, net 30,188 33,054 29,792 Other current assets 13,457 13,621 15,180 Total current assets 70,729 75,339 68,627 Property, plant and equipment, net 5,860 6,803 7,267 Total other assets 30,506 32,176 35,845 Total assets $107,095 $114,318 $111,739 LIABILITIES AND SHAREHOLDERS' EQUITY: Current liabilities: Accounts payable $4,421 $7,273 $5,983 Accrued liabilities 8,705 11,151 8,194 Short-term debt 1,240 1,240 1,430 Total current liabilities 14,366 19,664 15,607 Non-current liabilities: Long-term debt 15,822 18,745 15,702 Deferred taxes 3,322 3,772 5,276 Deferred compensation 6,592 6,320 6,257 Other long-term liabilities 601 679 904 Total non-current liabilities 26,337 29,516 28,139 Minority interest 37 23 8 Total shareholders' equity 66,355 65,115 67,985 Total liabilities and shareholders' equity $107,095 $114,318 $111,739

    Cobra Electronics Corporation

    CONTACT: Investors, Michael Smith, Senior Vice President and CFO of
    Cobra Electronics Corporation, +1-773-804-6281, msmith@cobra.com; or Media,
    Elizabeth Dolezal of Financial Relations Board, +1-312-640-6771,
    edolezal@frbir.com, for Cobra Electronics Corporation

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




    WD(R) Announces 2.5-Inch, 10,000 RPM Enterprise SATA Hard DrivesThe World's Fastest Enterprise SATA Hard Drive, WD VelociRaptor(TM), Now Available for Low-power, High-performance Blade Server Applications

    LAKE FOREST, Calif., July 23 /PRNewswire-FirstCall/ -- WD(R) announced today the WD VelociRaptor(TM) 10,000 RPM enterprise SATA hard drives in an enterprise-class 2.5-inch form factor for blade servers and 1U and 2U rack servers. The newest WD VelociRaptor hard drive is built for business-critical applications with enterprise-class mechanics and packs up to 300 GB of capacity into the enterprise small form factor bays, while consuming 35 percent less power than the previous-generation WD Raptor(R) drive.

    "WD is bringing to enterprise customers what PC enthusiasts already appreciate about the WD VelociRaptor: a combination of high performance and high capacity for hard drive storage," said John Rydning, IDC's research director for hard disk drives. "WD's new WD VelociRaptor, designed specifically for the enterprise in an energy efficient 2.5-inch form factor, gives system OEMs and end users a new storage option to consider to meet growing storage requirements."

    WD VelociRaptor 2.5-inch hard drives are designed and manufactured to enterprise-class standards to provide high reliability in high duty cycle environments, resulting in the highest available reliability rating of any SATA drive at 1.4 million hours MTBF.

    "In the server market, demand for high performance drives continues to shift from the 3.5-inch form factor to the enterprise 2.5-inch form factor," said Tom McDorman, vice president and general manager of WD's Enterprise Storage Solutions business unit. "The new 2.5-inch WD VelociRaptor drive is the only drive available that can offer server customers the flexibility of integrating SATA technology while benefiting from server-class performance and reliability."

    Features of the new WD VelociRaptor hard drives include: Killer Speed -- 10,000 RPM, SATA 3 Gb/s interface and 16 MB cache deliver enterprise-class performance. Rock-solid Reliability -- WD VelociRaptor drives are designed and manufactured to business-critical, enterprise-class standards to provide high reliability in high duty cycle environments. The design results in the highest available reliability rating of any SATA drive at 1.4 million hours MTBF. Rotary Acceleration Feed Forward (RAFF(TM)) technology -- Optimizes performance when the drives are used in vibration-prone, multi-drive chassis. Ultra-cool operation -- WD VelociRaptor drives consume 35 percent less power than the previous generation of WD Raptor drive. NoTouch(TM) ramp load technology -- The recording head never touches the disk media ensuring significantly less wear to the recording head and media as well as better drive protection in transit. Availability

    WD VelociRaptor 2.5-inch hard drives (model WD3000BLFS) are under evaluation with OEM customers and will be available through select commercial distributors by the end of the month. More information about WD VelociRaptor hard drives may be found on the company's Web site at http://www.wdc.com/en/products/Products.asp?DriveID=494.

    About WD

    WD, one of the storage industry's pioneers and long-time leaders, provides products and services for people and organizations that collect, manage and use digital information. The company produces reliable, high-performance hard drives that keep users' data accessible and secure from loss. WD applies its storage expertise to consumer products for external, portable and shared storage applications.

    WD was founded in 1970. The company's storage products are marketed to leading systems manufacturers, selected resellers and retailers under the Western Digital(R) and WD brand names. Visit the Investor section of the company's Web site (http://www.westerndigital.com/) to access a variety of financial and investor information. This press release contains forward-looking statements concerning availability and expected shipping dates for WD VelociRaptor 10,000 RPM enterprise SATA hard drives in an enterprise-class 2.5-inch form factor.

    These forward-looking statements are based on WD's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including: delays in manufacturing and delivery schedules, supply and demand conditions, business conditions generally and other risks and uncertainties listed in WD's recent Form 10-Q filed with the SEC on May 6, 2008, to which your attention is directed. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and WD undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances.

    Western Digital, WD, the WD logo and WD Raptor are registered trademarks of Western Digital Technologies, Inc. WD VelociRaptor, RAFF and NoTouch are trademarks of Western Digital Technologies, Inc. As used for storage capacity, one megabyte (MB) = one million bytes, one gigabyte (GB) = one billion bytes, and one terabyte (TB) = one trillion bytes. Total accessible capacity varies depending on operating environment. As used for buffer or cache, one megabyte (MB) = 1,048,576 bytes.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20000711/WDCLOGO)

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000711/WDCLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Western Digital Technologies, Inc.

    CONTACT: Heather Skinner, Public Relations, +1-949-672-7920,
    heather.skinner@wdc.com, or Bob Blair, Investor Relations, +1-949-672-7834,
    robert.blair@wdc.com, both of Western Digital Technologies, Inc.

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




    Attunity Reports Second Quarter 2008 ResultsCompany Posts Second Quarter Non-GAAP Operational Profit

    BURLINGTON, Massachusetts, July 23 /PRNewswire-FirstCall/ -- Attunity Ltd , a leading provider of real-time event capture and data integration software, reported today its unaudited financial results for the second quarter ended June 30, 2008.

    Key financial metrics for the second quarter of 2008: - Revenues: $3,425,000 compared to $3,410,000 in the second quarter of 2007. - Net Operating Profit (Non GAAP): $24,000 Non-GAAP net operating profit compared to $721,000 Non-GAAP net operating loss in the second quarter of 2007. Non-GAAP operating profit /loss excludes equity based compensation expenses (see footnote 1), software development costs capitalization and amortization (see footnote 2) and employment termination and offices shutdown costs (see footnote 3). - Net Operating Loss (GAAP): $566,000, compared to $1,081,000 in the second quarter of 2007, an improvement of 48%. - Net Loss (GAAP): $905,000, compared to $1,325,000 in the second quarter of 2007, an improvement of 32%. - Net Loss (Non-GAAP): $92,000, compared to $754,000 in the second quarter of 2007, an improvement of 88%. Non-GAAP net loss excludes equity based compensation expenses (see footnote 1), software development costs capitalization and amortization (see footnote 2), employment termination and offices shutdown costs (see footnote 3) and amortization of debt discount and deferred charges (see footnote 4). - Net Loss per Diluted Share (GAAP): $0.04, compared to $0.06 in the second quarter of 2007. - Net Loss per Diluted Share (Non-GAAP): $0.00, compared to $0.03 in the second quarter of 2007. Non-GAAP loss per Diluted Share excludes equity based compensation expenses (see footnote 1), software development costs capitalization and Amortization (see footnote 2), employment termination and offices shutdown costs (see footnote 3) and amortization of debt discount and deferred charges (see footnote 4).

    See "Use of Non-GAAP Financial Information" below for more information regarding Attunity's use of Non-GAAP financial measures.

    "We are pleased to report our operational profitability, on a non-GAAP basis, for the second quarter", stated Shimon Alon, Attunity Chairman and CEO. "This is a solid milestone for us, not least given the backdrop of my transition in as CEO during the quarter. Some excellent new customer wins, good repeat business, innovative and competitive products, and growing interest in our core capabilities of real-time data integration and event-capture, have all contributed to driving a good first half-year for us."

    Highlights of the Quarter: - Shimon Alon chairman of the board appointed Chief Executive Officer - Major customer wins across the world such as Schretlen & Co. (a subsidiary of Netherlands-based Rabobank), Greyhound Lines, The Warranty Group, Sensient, and Turkey National Insurance - Sungard announcement of their new compliance dashboard product based on Attunity InFocus - Sponsorship of the securities event SIFMA in NYC, and HP Technology Forum & Expo, Las Vegas - Announcement of the full availability of Attunity Integration Suite (AIS) v5.1 across entire HP server range

    "Since coming on board as Chief Executive Officer I have been encouraged by what I have seen," continued Shimon Alon. "We have an excellent base of loyal customers, partners who trust us as a strategic enabler of their goals, a solid and field-proven product-offering, and a motivated and very experienced Attunity team. With renewed vigor, and a refined focus on our corporate goals, I believe that this combination will be a winning formula, helping drive additional customers, partnerships and growth over the coming quarters."

    About Attunity

    Attunity is a leading provider of real-time event capture and data integration software. Using our software solutions, Attunity's customers enjoy dramatic business benefits by driving down the cost of managing their operational systems, creating flexible, service-based architectures for increased business agility, and by detecting critical actionable business events, as they happen, for faster business execution.

    Attunity has supplied innovative software solutions to its enterprise-class customers for nearly 20 years and has successful deployments at thousands of organizations worldwide. Attunity provides software directly and indirectly through a number of strategic and OEM agreements with partners such as Microsoft, Oracle, IBM, HP and SAP/Business Objects. Headquartered in Boston, Attunity serves its customers via offices in North America, Europe, and Asia Pacific and through a network of local partners. For more information, please visit us at http://www.attunity.com/, the content of which is not part of this press release.

    Use of Non-GAAP Financial Information

    In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, Attunity uses non-GAAP measures of net loss, net operating profit (loss) and net loss per share, which are adjustments from results based on GAAP to exclude non-cash equity based compensation charges in accordance with SFAS 123(R), non-cash capitalization and amortization of software development costs in accordance with SFAS 86, expenses related to employment termination and offices shutdown costs, and non cash financial expenses such as amortization of beneficial conversion features related to the convertible debt and deferred charges related to warrants granted in connection with a long term loan. Attunity's management believes the non-GAAP financial information provided in this release is useful to investors' understanding and assessment of Attunity's on-going core operations and prospects for the future. Management uses both GAAP and non-GAAP information in evaluating and operating business internally and as such has determined that it is important to provide this information to investors. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP.

    Safe Harbor Statement

    This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal Securities laws. For example, when we discuss our expectation that the combination of our excellent base of loyal customers, partners who trust us as a strategic enabler of their goals, a solid and field-proven product-offering, and a motivated and very experienced Attunity team together with a refined focus on our corporate goals, will be a winning formula, helping drive additional customers, partnerships and growth over the coming quarters, we are using a forward looking statement. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results could differ materially from Attunity's current expectations. Factors that could cause or contribute to such differences include, but are not limited to: the impact on revenues of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; any unforeseen developmental or technological difficulties with regard to Attunity's products; changes in the competitive landscape, including new competitors or the impact of competitive pricing and products; a shift in demand for products such as Attunity's; unknown factors affecting third parties with which Attunity has formed business alliances; timely availability and customer acceptance of Attunity's new and existing products; and other factors and risks on which Attunity may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Attunity, reference is made to Attunity's Annual Report on Form 20-F for the year ended December 31, 2007, which is on file with the Securities and Exchange Commission. Except as otherwise required by law, Attunity undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

    (c) 2008 Attunity Ltd. All rights reserved. Attunity is a trademark of Attunity Inc.

    CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands June 30, December 31, 2008 2007 Unaudited ASSETS CURRENT ASSETS: Cash and cash equivalents $ 1,285 $ 1,321 Restricted cash 232 159 Trade receivables and unbilled revenues (net of allowance for doubtful accounts of $ 25 and $ 78 at June 30, 2008 and December 31, 2007, respectively) 1,304 912 Other accounts receivable and prepaid expenses 465 484 Total current assets 3,286 2,876 LONG-TERM ASSETS: Long-term prepaid expenses 113 72 Severance pay fund 1,215 972 Property and equipment, net 460 579 Software development costs, net 4,094 4,374 Goodwill 6,524 6,361 Deferred charges, net 314 423 Total long-term assets 12,720 12,781 Total assets $ 16,006 $ 15,657 CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands, except share and per share data June 30, December 31, 2008 2007 Unaudited LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Current maturities of long-term debt $ 1,022 $ 18 Current maturities of long-term convertible debt 1,440 - Trade payables 535 457 Deferred revenues 2,983 2,344 Employees and payroll accruals 967 876 Accrued expenses and other liabilities 959 901 Total current liabilities 7,906 4,596 LONG-TERM LIABILITIES: Convertible debt - 1,099 Long-term debt 1,000 2,009 Accrued severance pay 1,562 1,287 Total long-term liabilities 2,562 4,395 SHAREHOLDERS' EQUITY: Share capital - Ordinary shares of NIS 0.1 par value - Authorized: 70,000,000 shares at June 30, 2008 and December 31, 2007; Issued and outstanding: 23,196,236 shares at June 30, 2008 and December 31, 2007 720 720 Additional paid-in capital 104,132 103,924 Accumulated other comprehensive loss (309) (431) Accumulated deficit (99,005) (97,547) Total shareholders' equity 5,538 6,666 Total liabilities and shareholders' equity $ 16,006 $ 15,657 CONSOLIDATED STATEMENTS OF OPERATIONS U.S. dollars in thousands, except share and per share data Three months Six months ended ended June 30, June 30, 2008 2007 2008 2007 Unaudited Revenues: Software licenses $ 3,500 $ 3,369 $ 1,846 $ 1,683 Maintenance and services 3,201 3,361 1,579 1,727 6,701 6,730 3,425 3,410 Operating expenses: Cost of revenues 1,285 1,352 653 693 Research and development, net 1,449 1,974 739 1,030 Selling and marketing 3,476 4,366 1,775 1,978 General and administrative 1,279 1,408 824 740 Employment termination and offices shutdown costs - 761 - 50 Total operating expenses 7,489 9,861 3,991 4,491 Operating loss (788) (3,131) (566) (1,081) Financial expenses, net (647) (455) (337) (230) Other income 3 40 3 - Loss before income taxes (1,432) (3,546) (900) (1,311) Taxes on income 26 35 5 14 $ $ $ Net loss (1,458) (3,581) $ (905) (1,325) Basic and diluted net loss per $ $ $ $ share (0.06) (0.15) (0.04) (0.06) Weighted average number of shares used in computing basic and diluted net loss per share 23,196 23,173 23,196 23,176 RECONCILIATION OF SUPPLEMENTAL FINANCIAL INFORMATION U.S. dollars in thousands, except per share data Three months Six months ended ended June 30, June 30, 2008 2007 2008 2007 Unaudited $ $ GAAP operating loss $ (788) (3,131) $ (566) (1,081) Stock based compensation (1) 185 390 94 191 Software development costs capitalization and amortization (2) 303 123 133 119 Employment termination and offices shutdown costs (3) 363 761 363 50 $ Non-GAAP operating profit (loss) $ 63 (1,857) $ 24 $ (721) $ $ $ GAAP net loss (1,458) (3,581) $ (905) (1,325) Stock based compensation (1) 185 390 94 191 Software development costs capitalization and amortization (2) 303 123 133 119 Employment termination and offices shutdown costs (3) 363 761 363 50 Financial expenses (4) 446 408 223 211 $ Non-GAAP net loss $ (161) (1,899) $ (92) $ (754) GAAP basic and diluted net loss $ $ $ $ per share (0.06) (0.15) (0.04) (0.06) Stock based compensation (1) 0.01 0.02 *) 0.01 Software development costs capitalization and amortization (2) 0.01 0.01 *) 0.01 Employment termination and offices shutdown costs (3) 0.01 0.03 0.02 *) Financial expenses (4) 0.02 0.02 0.01 0.01 Non-GAAP basic and diluted net $ $ $ $ loss per share (0.01) (0.07) (0.00) (0.03) Weighted average number of shares used in computing basic and diluted net loss per share 23,196 23,173 23,196 23,176 *) Less than $0.01 per share (1) Equity-based compensation** expenses resulting under SFAS 123(R): Equity-based compensation expense included in "Research and development" $ 63 $ 84 $ 32 $ 45 Equity-based compensation expense included in "Selling and marketing" 93 107 46 41 Equity-based compensation expense included in "General and administrative" 29 199 16 105 $ 185 $ 390 $ 94 $ 191

    ** "Equity based compensation expenses" refer to the amortized fair value of all equity based awards granted to employees.

    (2) Software development costs capitalization and amortization resulting under SFAS 86: Capitalization $ 755 $ 674 $ 374 $ 336 Amortization 452 551 241 217 $ 303 $ 123 $ 133 $ 119

    (3) The Company terminated its entire workforce in France and Australia in March 2007. The company's former CEO retired in May 2008.

    (4) Financial expenses: Amortization of debt discount $ 340 $ 339 $ 170 $ 170 Amortization of deferred charges 106 69 53 41 $ 446 $ 408 $ 223 $ 211 For more information: Andy Bailey, VP Marketing Dror Elkayam, VP Finance Attunity Attunity +1-781-213-5204 +972-9-899-3000 andy.bailey@attunity.com dror.elkayam@attunity.com

    Attunity Ltd

    CONTACT: Andy Bailey, VP Marketing, Attunity, +1-781-213-5204,
    andy.bailey@attunity.com; Dror Elkayam, VP Finance, Attunity,
    +972-9-899-3000, dror.elkayam@attunity.com




    RT Logic Awarded South Pole TDRSS Relay II Project by LJT & Associates, Inc.RT Logic's Telemetrix Products Featured throughout the Ground Architecture

    COLORADO SPRINGS, Colo., July 23 /PRNewswire-FirstCall/ -- RT Logic, a wholly owned subsidiary of Integral Systems, Inc. , today announced a contract award by LJT & Associates, Inc. (LJT Inc.) for the South Pole TDRSS Relay II Project (SPTR II). LJT & Associates, Inc. is a prime contractor for the National Science Foundation (NSF) and SPAWAR upgrade of Amundsen-Scott South Pole Station data relay link to the White Sands Complex (WSC). Scheduled delivery is mid-August, 2008.

    Under the SPTR II upgrade effort RT Logic will supply several products including the Telemetrix 1200HDR (T1200HDR) high data rate modem, the Telemetrix 400XR modem, and the Telemetrix 500HR (T500HR) high rate front-end processor (FEP).

    High rate file transfers will be enabled by RT Logic's T1200HDR modem and T500HR FEP interfacing to NASA's Tracking and Data Relay Satellite System (TDRSS) Ku-Band Single Access Return (KuSAR) high rate link. These RT Logic products will combine to enable the relay of science data via file transfers at rates up to 300 Mbps.

    The T1200HDR is RT Logic's latest Wideband Modem product. It employs digital receiver technology to meet multi-mission, high data rate requirements. The T1200HDR supports most of the popular demodulation schemes (BPSK, QPSK, SQPSK, and optional UQPSK and 8PSK signals). Data rates up to 1.5 Gbps are supported.

    The RT Logic T500HR is RT Logic's high rate digital data processor and capable of ingesting and processing multiple, concurrent, real-time data streams at aggregate data rates to 1.6 Gbps. The T500HR performs frame synchronization, forward error correction, data filtering/sorting, PCM simulation, IRIG time-tagging, and network data distribution for ingested TDM and CCSDS data.

    The T400XR is a modular, firmware defined modulator, receiver, and digital processing unit. With firmware-defined waveform processing, the T400XR can be used as a replacement for legacy receiver models or for new applications. Multi-channel systems support diversity combining or multiple simultaneous downlinks and uplinks.

    The SPTR II award is just one of a number of RT Logic's TDRSS related efforts. RT Logic has recently demonstrated systems to NASA for the TDRSS K-Band Upgrade (TKUP). RT Logic's T1200HDR supported data transfer over the KSAR link at rates up to 1.2 Gbps.

    "We are very pleased to be working with LJT & Associates on an important TDRSS program." said Matt Langenbahn, RT Logic's SPTR II Project program manager, "Our goal is to make LTJ & Associates successful by leveraging our extensive experience with TDRSS ground instrumentation solutions. Also, with our solution being based on proven, off-the-shelf products with quick lead times, we can meet LJT's demanding delivery/travel schedules for their planned installations at the South Pole."

    "The South Pole is a very unique environment with an ever increasing requirement for science data transmission to CONUS. RT Logic's flexible, reconfigurable, and high data rate architectures will serve as a common platform to support the growing needs of the diverse South Pole science community well into the future." said Julio Varela, LJT & Associates, Inc. SPTR II Program Manager, "LJT was pleased to select RT Logic as a critical partner in this effort. The expertise and quality demonstrated by RT Logic will make this program a success."

    About RT LOGIC

    RT Logic is a leading provider of products for ground-based applications, primarily for satellite and launch range operations. Known for exceptional innovation, performance, and support, RT Logic has delivered more than 2000 systems since its inception in 1997. RT Logic offers a complete line of Telemetrix(R) products used in systems for widely varied control center, ground antenna, and range applications. Since October 2002, RT Logic has operated as a wholly-owned subsidiary of Integral Systems, Inc.

    About Integral Systems

    Founded in 1982, Integral Systems is a leading provider of satellite ground systems and has supported more than 205 different satellite missions for communications, science, meteorological, and earth resource applications. Integral Systems was the first company to offer an integrated suite of COTS (Commercial-Off-the-Shelf) software products for satellite command and control: the EPOCH IPS (Integrated Product Suite) product line. EPOCH IPS has become the world market leader in commercial applications with successful installations on five continents.

    Through its wholly-owned subsidiary, SAT Corporation, Integral Systems provides satellite and terrestrial communications signal monitoring systems to satellite operators and users throughout the world. Through its Newpoint Technologies, Inc., subsidiary, Integral Systems also provides software for equipment monitoring and control to satellite operators, broadcasters, and telecommunications firms. Integral Systems' RT Logic subsidiary builds telemetry processing systems for military applications, including tracking stations, control centers, and range operations. Integral Systems' Lumistar, Inc., subsidiary provides system- and board-level telemetry acquisition products. Integral Systems has approximately 500 employees working at its headquarters in Lanham, MD, and at other locations in the U.S. and Europe. For more information, visit http://www.integ.com/.

    Integral Systems, Inc.

    CONTACT: Matt Langenbahn, Project Manager of RT Logic, +1-719-598-2801,
    sales@rtlogic.com; or Media, Shany Seawright of Strategic Communications Group
    for Integral Systems, Inc., +1-240-485-1081, sseawright@gotostrategic.com

    Web site: http://www.integ.com/
    http://www.rtlogic.com/




    Pointer Telocation's Q2 2008 Results Release & Conference Call Scheduled for August 13th, 2008

    ROSH HAAYIN, Israel, July 23 /PRNewswire-FirstCall/ -- Pointer Telocation Ltd. (Nasdaq Capital Market: PNTR, Tel-Aviv Stock Exchange: PNTR), a leading RSA (Road Side Assistance) and AVL (Automatic Vehicle Location) solutions provider for stolen retrieval, fleet management, car & driver safety, public safety, vehicle security and asset management, will release its financial results for Q2 2008 on Wednesday, August 13th 2008.

    Pointer Telocation's management will host a conference call with the investment community to review and discuss the financial results:

    Conference call will take place on 9:00 AM EST, 16:00 Israel time.

    To listen to the call, please dial in to one of the following teleconferencing numbers. Please begin placing your call at least 5 minutes before the conference call commences.

    From USA: +1-800-994-4498 From Israel: 03-918-0610 International: +972-3-918-0610

    A replay will be available from August 14th, 2008 at the company website: http://www.pointer.com/ .

    About Pointer Telocation:

    Pointer Telocation is a leading provider of technology and services to the automotive and insurance industries, offering a set of services including Road Side Assistance, Stolen Vehicle Recovery and Fleet Management. Pointer has a growing client list with products installed in over 400,000 vehicles across the globe: the UK, Greece, Mexico, Argentina, Russia, Croatia, Germany, Czech Republic, Latvia, Turkey, Hong Kong, Singapore, India, Costa Rica, Norway, Venezuela, Hungary, Israel and more. Cellocator, a Pointer Products Division, is a leading AVL (Automatic Vehicle Location) solutions provider for stolen vehicle retrieval, fleet management, car & driver safety, public safety, vehicle security and more. In 2004, Cellocator was selected as the official security and location equipment supplier for the Olympic Games in Athens.

    Safe Harbor Statement

    This press release contains forward-looking statements with respect to the business, financial condition and results of operations of Pointer and its affiliates. These forward-looking statements are based on the current expectations of the management of Pointer, only, and are subject to risk and uncertainties relating to changes in technology and market requirements, the company's concentration on one industry in limited territories, decline in demand for the company's products and those of its affiliates, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of the company to differ materially from those contemplated in such forward-looking statements. Pointer undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risks and uncertainties affecting the company, reference is made to the company's reports filed from time to time with the Securities and Exchange Commission.

    Contact: Zvi Fried, V.P. and Chief Financial Officer Tel.; +972-3-572 3111 E-mail: zvif@pointer.com Yael Nevat, Commitment-IR.com Tel: +972-9-741 8866 E-mail: yael@commitment-IR.com

    Pointer Telocation Ltd

    CONTACT: Contact: Zvi Fried, V.P. and Chief Financial Officer, Tel.;
    +972-3-572 3111, E-mail: zvif@pointer.com. Yael Nevat, Commitment-IR.com,
    Tel: +972-9-741 8866, E-mail: yael@commitment-IR.com




    Hartcourt Completes Acquisition of Beijing Yanyuan Rapido Education Company

    SHANGHAI, China, July 23 /Xinhua-PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: 900009) ("Hartcourt") today announced that it has received all necessary governmental approvals and has now completed the acquisition of Beijing Yanyuan Rapido Education Company ("Beijing Yanyuan") pursuant to the terms of the definitive agreement between Hartcourt and Beijing Yanyuan dated 13 June 2008. The new business license to reflect the ownership change of Beijing Yanyuan has now been issued by the Industry and Commerce Bureau of Beijing Municipality, thereby enabling the parties to close the transaction. Beijing Yanyuan is now a subsidiary of Hartcourt, and Hartcourt will be able to consolidate 60 percent of Beijing Yanyuan's net profit from the first quarter of this fiscal year.

    Under the terms of the definitive agreement executed between Beijing Yanyuan and Hartcourt, Beijing Yanyuan committed that its net profit would exceed RMB6 million (US$827,000) for the year 2008, RMB10 million (US$1.379 million) for the year 2009, and RMB14 million (US$1.931 million) for the year 2010.

    Founded by the Science Park of Peking University, Beijing Yanyuan is a well-known training institution. Beijing Yanyuan offers a program to help students rapidly improve their school grades. The program was invented by Mr. Zhenyu Hu, president of Beijing Yanyuan, and has been proven to be effective. Beijing Yanyuan is the sole general agent appointed by the Science Park of Peking University to promote and market this training program. Peking University (PKU) was the first national university in Chinese modern history, with a high reputation in and outside China. Owing to the background of Peking University, abundant teaching resources, management team consisting of education experts and professors, Beijing Yanyuan has rapidly built its brand and market share, and has become a leading training institution in China.

    Mr. Zhenyu Hu, shareholder and president of Beijing Yanyuan, is an editor of the magazine "Successful Way," and a director of the Science Park of Peking University. He has appeared in numerous newspaper articles and television programs. He has published numerous articles and books on education.

    More details on Beijing Yanyuan and Mr. Zhenyu Hu can be obtained from the following Web sites:

    http://www.pkusp.com/hu/zjzy.htm http://www.pkusp.com/gftp/index.asp http://www.yykc.net/

    Education and training is one of the fastest-growing areas in China. China has one of the largest education systems in the world in terms of number of students. Chinese citizens highly value education and seem willing to spend money on programs that would improve students' academic performance.

    Mr. Victor Zhou, CEO of Hartcourt, stated, "We are happy to complete the first step in restructuring Hartcourt to enter into the education/training market in China. With Beijing Yanyuan's relationship with Peking University, experience in education and recognizable brand, this successful acquisition is a pivotal milestone for Hartcourt in implementing its strategy to enter into and focus on the education/training market in China."

    Mr. Zhenyu Hu, President of Beijing Yanyuan, stated, "Now that we are part of Hartcourt's education business, we shall work under the guidance of Hartcourt to improve our profit, market coverage and overall competitiveness."

    About Hartcourt

    Hartcourt's achievements and operations can be found on its web site: http://www.hartcourt.com/

    Forward-looking Statements

    The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.

    For more information, please contact: Ms Mary Qi Tel: +86-21-5111-3716 Fax: +86-21-5111-3719 Email: ir@hartcourt.com

    The Hartcourt Companies, Inc.

    CONTACT: Ms Mary Qi, +86-21-5111-3716, or fax, +86-21-5111-3719, or
    email, ir@hartcourt.com

    Web site: http://www.pkusp.com/hu/zjzy.htm
    http://www.pkusp.com/gftp/index.asp
    http://www.yykc.net/
    http://www.hartcourt.com/




    QSGI Announces Contract Expansions for Two Network Maintenance Customers

    HIGHTSTOWN, N.J. and PALM BEACH, Fla., July 23 /PRNewswire-FirstCall/ -- QSGI Inc. (BULLETIN BOARD: QSGI) , the only provider of a full suite of information technology services to help corporations better manage IT assets, data center maintenance expenses, and ensure best practices for data security and regulatory compliance, today announced that its wholly owned subsidiary, Contemporary Computer Services, Inc. ("CCSI") has signed a multi-year IT support contract with a major U.S. hedge fund and a managed services contract with a large East coast hospital.

    Marc Sherman, chairman and chief executive officer of QSGI, commented, "Our business momentum continues with the signing of these two latest contracts. We will provide end-to-end infrastructure support to our corporate client for its network infrastructure, which infrastructure includes both Microsoft and Cisco product, to ensure business continuity and timely resolution in any mission critical situations. This contract expansion stems from a relationship that began a few years ago with CCSI's design and implementation of the client's Cisco-based network infrastructure. We are gratified with this client's desire to expand on our existing relationship and look forward to providing the resources needed to ensure the highest quality service."

    Mr. Sherman continued, "With QSGI's acquisition of CCSI, we have added a network operating center (NOC) and highly qualified engineers to provide fault management and performance management services to our clients, which can be done remotely from a central location. Under the agreement, we will support the hospital's entire network infrastructure, including Cisco equipment, as well as several critical servers. While identifying and taking action to prevent network incidents are critical to any business, these activities can become life-saving in the hospital environment and we are pleased to be able to provide the best in network monitoring services to our clients 24/7/365."

    Mr. Sherman concluded, "Over the next year, we expect to generate in excess of $250,000 from these contracts on a combined basis. With the acquisition of CCSI, we look forward to providing our full scope of services to these clients and others, including mainframe and mid-range processor maintenance, network infrastructure design, maintenance and monitoring, as well as maintenance and on-site data security and compliance for enterprise storage."

    About QSGI

    QSGI provides a full suite of information technology services to help corporations and governmental agencies better manage hardware assets, reduce maintenance expenses, build best practices for data security and assure regulatory compliance. With a focus on the entire range of IT platforms -- from mainframes, midrange servers and PC, to network infrastructure and enterprise storage hardware, the services offered by QSGI are specifically designed to reduce total cost of ownership for IT assets and maximize the clients' return on their IT investment.

    For enterprise class hardware in the data center, QSGI offers hardware maintenance services, hardware environment planning and consultation, refurbished whole systems, parts, features, upgrades and add-ons. Additionally, for desktop IT assets, servers and SAN products, QSGI offers a range of end-of-life services that include: automated asset auditing, Department of Defense (DOD) level data destruction, documentation for regulatory compliance, hardware refurbishment with worldwide remarketing or proper IT asset recycling.

    Additionally, through its acquisition of Contemporary Computer Services, Inc. (CCSI), an enterprise class IT services provider with an extensive list of corporate, educational, and government customers, QSGI also performs network design, implementation, and monthly maintenance services on corporations' networking infrastructure as well as 24/7 IT monitoring and diagnostics through its North American Network Operating Center (NOC).

    Given the sensitive nature of the company's client relationships, it does not provide the names of its clients. Additional information about the company is available at http://www.qsgi.com/.

    Statements about QSGI's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. QSGI intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and QSGI's actual results could differ materially from expected results. QSGI undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

    QSGI Inc.

    CONTACT: David K. Waldman, or Klea K. Theoharis, both of Crescendo
    Communications, LLC, +1-212-671-1020, qsgi@crescendo-ir.com

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




    MedCom USA, Inc. Signs Letters of Intent to Acquire Two Medical Transaction Companies

    SCOTTSDALE, Ariz., July 23 /PRNewswire-FirstCall/ -- MedCom USA, Inc. (BULLETIN BOARD: EMED) , a leading provider of HIPAA compliant healthcare and financial transaction solutions for the healthcare industry, has signed letters of intent acquiring PayMed USA, LLC and Absolute Medical Software Systems, LLC. PayMed USA and Absolute Medical are leading providers of Practice Management, Electronic Medical Records, and Revenue Cycle Management software to Hospitals, Surgery Centers and Physician Practices.

    Mr. Bill Williams, President and CEO of MedCom USA stated, "We have been looking for products and services which would complement our core business and give our customers the additional functionality that PayMed USA, LLC and Absolute Medical provide. Since MedCom, PayMed and Absolute Medical are all web based software platforms, we believe that by combining our customer base, we will lower our operating costs, while offering services to our current customer base. PayMed and Absolute Medical's current customer average revenue is approximately 5 times that of MedCom. We believe that this will add significant revenue to MedCom's current base of customers. And, since we will be introducing our new combined products and services to new and current customer bases, we will have a significant selling advantage over other healthcare software vendors."

    According to Michael DeLaGarza, President and CEO of AMSS and PayMed, "By using advanced technology and innovations based on established 'best business practices', AMSS has successfully crafted a solution that offers healthcare providers a way to streamline the usual difficult and time-consuming tasks of a medical business into one easy to use, fully integrated platform resulting in improved cash-flow and profitability with less work. The AMSS suite of products consists of three integrated components: 1) Revenue Management (RM); 2) Practice Management (PM); 3) Electronic Medical Records (EMR). All components share the same relational database (NO cumbersome, inaccurate and trouble prone HL7 connections) and when combined, offer 'a single version of the truth' so essential in making timely and correct business decisions."

    Mr. DeLaGarza will assume the position of President of MedCom USA, Inc. once the acquisition is finalized. He has worked in the medical industry for over 25 years and has extensive contacts throughout the industry. He has owned and operated diagnostic centers and was Chief Information Officer for five hospitals in Texas.

    AMSS is currently used by hospitals, surgery centers, imaging centers, clinics, Medical Service Organizations and Central Business Offices around the country. We've taken the lessons learned from our customers successes and combined it with integrated and customized components to craft a world-class, software operating solution that can help to significantly Lower Your Operating Costs, Improve Staff Efficiencies, and Improve Cash Generation. http://www.paymedportal.com/ ; http://www.absolutemedicalsoftwaresystems.com/

    MedCom's products offer real-time Patient Eligibility and a suite of payment options which include Credit/Debit, Easy Pay and Check Guarantee/EFT all delivered through its online web portal, http://www.medcomconnect.com/ . For further information on MedCom USA, Inc. http://www.medcomusa.com/ .

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

    MedCom USA, Inc.

    CONTACT: Kent Barghols, +1-515-276-1180, for MedCom USA, Inc.

    Web site: http://www.medcomusa.com/
    http://www.paymedportal.com/
    http://www.absolutemedicalsoftwaresystems.com/




    Xilinx Debuts New Format for Xcell Journal Quarterly MagazineIssue 65 Offers Wider Variety of In-depth Technical Content to IC and Systems Designers

    SAN JOSE, Calif., July 23 /PRNewswire/ -- Xilinx, Inc. today announced immediate availability of the latest edition of its quarterly Xcell Journal magazine at http://www.xcellpublications.com/subscribe. With Issue 65, newly-appointed Xcell Journal Publisher Mike Santarini debuts a new format for the magazine, aimed at keeping IC and systems designers informed of new design developments and challenges and delivering a wider variety of in-depth technical content that reflects the versatility of today's leading edge programmable solutions.

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

    Longtime electronics industry trade journal reporter Santarini brings more than 13 years experience with leading electronic industry trade publications, including EDN, EE Tines and Integrated System Design, to his new role at the helm of Xcell Journal magazine.

    Among the highlights of the newly re-designed magazine are viewpoints, cover stories examining high-level design challenges in key application areas, design application features, experts corner, FPGA 101 how-to articles, customer profiles, popular application notes, tool updates and patches, FPGA 101 and EDA partner news -- all contributed by Xilinx experts, partners, customers and field application engineers.

    "What's fantastic about FPGAs is that designers can use them for such a wide variety of applications," says Santarini. "Today's FPGAs are quite advanced, which means users have to stay up to date on the latest silicon, IP, boards, software and design techniques to fully exploit the technology. It's our mission with Xcell Journal to build a technical Xilinx user community magazine that helps customers stay abreast of the latest technology from Xilinx and our partners, offering practical instruction on the latest tools and techniques from fellow designers and our technical staff. To reach its true potential, we're looking forward to working with our readers to encourage article submissions and candid feedback on how we can take Xcell to new heights."

    COVER STORY:

    -- FPGAs: Primed for a Prominent Role in the 4G Wireless Network -- How will the base station market play out?

    INSIDE:

    -- Exploring and Prototyping Designs for Biomedical Applications -- Researchers at the University of Hawaii at Manoa have implemented ECG analysis algorithms with Xilinx System Generator.

    -- CERN Scientists Use Virtex-4 FPGAs for Big Bang Research -- How 120 Xilinx FPGAs help scientists understand the big bang and gain insight into the fundamental building blocks of matter.

    -- Taking Designs to New Heights with Space-Grade Virtex-4QV FPGAs -- The most advanced space grade FPGAs and extra design mitigation techniques designers can employ to make their designs more resilient.

    -- Solving FPGA I/O Pin Assignment Challenges -- A step-by-step methodology to help you pinout complex FPGAs.

    -- Replacing Obsolete Video Game Circuits with Xilinx CPLDs -- Designer In Choi develops a chip obsolescence methodology and replaces one part with a Xilinx XC9536XL CPLD to give new life to a 1980s video game system.

    -- Ask FAE-X Identifying and Solving Timing Problems in Xilinx FPGA Designs -- Xilinx FAE Chris Dunlap walks through his method for finding and fixing timing constraints.

    About Xcell Journal

    Xcell Journal is an award-winning quarterly magazine that provides electronic designers of programmable digital systems with in-depth technical information regarding the latest advances in hardware and software technologies, systems, applications, services and support. This digital magazine is available free and accessible on any standard Internet browser, requiring no software downloads and allowing readers to browse, search, make notes, email author and click through to advertiser web sites.

    Xcell Journal is distributed worldwide to a subscriber base of application engineers, consultants, corporate executives and engineering managers; hardware, software and system engineers; marketing professionals, educators and researchers. For additional information, or to download individual Xcell Journal articles in PDF format, go to Xcell Online. To subscribe now, go to http://www.xcellpublications.com/subscribe.

    About Xilinx

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

    #0865c Editorial Contact: Lisa Washington Xilinx, Inc. 408-626-6272 lisa.washington@xilinx.com

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

    CONTACT: Lisa Washington of Xilinx, Inc., +1-408-626-6272,
    lisa.washington@xilinx.com

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




    Sonic Foundry Selected to Webcast Campus Technology 2008

    MADISON, Wis., July 23 /PRNewswire-FirstCall/ -- Sonic Foundry, Inc. , the recognized market leader for rich media webcasting and knowledge management, today announced the company will be recording Campus Technology 2008: Welcome to Next-Gen.Edu (http://www.campustechnology.com/). This event marks the 15th year for the higher education conference, held July 28 - 31 at the Westin Waterfront Hotel in Boston, Mass.

    This year's conference offers a blueprint for adapting to the new demands of Web 2.0 teaching and learning, both in and out of the classroom, and explores how educators are coping with the ever-increasing demands on their resources, skills and time.

    "The capturing of presentations for reference and review is essential to our conference attendees. Sonic Foundry recorded selected sessions from our annual summer conferences for years; it's a great way to share conference highlights widely, and a wonderful resource for those who want to review session content in depth," said Mary Grush, conference director.

    Key sessions to be recorded by Sonic Foundry at Campus Technology 2008, available at http://www.sonicfoundry.com/campustech2008, will include:

    -- Adrian Sannier, university technology officer at ASU, who will deliver a keynote address on strategies for putting ground-breaking plans in place that will serve the next generation of students.

    -- John S. Camp, Ph.D., Wayne State University's former CIO will present a session on drive innovation and promote outstanding 21st century classrooms on your campus.

    In addition to the formal speaker sessions, poster presentations are scheduled for Tuesday and Wednesday afternoon, notably:

    -- Jim Jorstad, Director of Educational Technologies, University of Wisconsin-La Crosse to present Thinking Outside the Box: Using Mediasite to Engage Faculty and Extend University Outreach

    -- Diane Zorn, Course Director, York University School of Arts and Letters, to present Six Ways to Promote Deep and Durable Learning in Rich Media Online Learning Environments

    -- Sean Brown, vice president of education for Sonic Foundry, will give a Technology Classroom presentation on Rich Media ROI for Higher Education

    To view key presentations from Campus Technology 2007: Roadmap to IT Leadership visit http://www.sonicfoundry.com/campustech2007.

    Since its introduction in 2003, Sonic Foundry's Mediasite has set the standard as a transformational communication medium for delivering critical information and sharing knowledge. The patented Mediasite webcasting and content management system quickly and cost-effectively automates the capture, management, delivery and search of rich media presentations that combine audio, video and accompanying graphics for live or on-demand viewing.

    Campus Technology 2008 (http://www.campustechnology.com/) will be webcasted by Sonic Foundry's Event Services group, which consists of systems engineers and project managers with an extensive knowledge of audio/video production and webcasting. The group and its strategic partners supply technical webcasting services and expertise to organizations who seek to complement their conference or event with viewing over the web. Launched in January 2007, the Event Services group has provided live and on-demand webcasting for clients ranging from Fortune 500 corporations and university associations to sporting events and charitable organizations.

    About Sonic Foundry(R), Inc.

    Founded in 1991, Sonic Foundry (http://www.sonicfoundry.com/) is the recognized market leader for rich media webcasting and knowledge management, providing education and training solutions and services that link an information-driven world. Based in Madison, Wisconsin, the company has received numerous awards including the 2007 Frost & Sullivan Global Market Leadership Award, Ziff Davis Media's Baseline Magazine's sixth fastest-growing software company with sales under $150 million and Deloitte's Technology Fast 500. Named a Bersin & Associates 2007 Learning Leader, Sonic Foundry's webcasting and knowledge management solutions are trusted by education institutions, Fortune 500 companies and government agencies for a variety of critical communication needs. Sonic Foundry is changing the way organizations communicate via the web and how people around the globe receive vital information needed for education, business, professional advancement and safety. Product and service names mentioned herein are the trademarks of Sonic Foundry, Inc. or their respective owners.

    Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for Sonic Foundry's products, its ability to succeed in capturing significant revenues from media services and/or systems, the effect of new competitors in its market, integration of acquired business and other risk factors identified from time to time in its filings with the Securities and Exchange Commission.

    Sonic Foundry, Inc.

    CONTACT: Press, Tammy Kramer of Sonic Foundry, Inc., +1-608-237-8592,
    tammyk@sonicfoundry.com

    Web site: http://www.sonicfoundry.com/
    http://www.campustechnology.com/




    Industry Leaders to Share Best Practices for Improving Enterprise Business Performance and Risk Management at NICE User Group Summit 2008Premier Industry Event to Feature NICE SmartCenter for the High Performance Contact Center and Enterprise and NICE's Actimize Solutions for Transactional Risk Management

    RA'ANANA, Israel, July 23 /PRNewswire-FirstCall/ -- NICE Systems Ltd. , a leading global provider of advanced solutions that enable organizations to extract Insight from Interactions(TM) to drive performance, today announced that industry leaders from Fortune 100 companies will be sharing best practices for improving customer retention, operational efficiency, business performance, and transactional risk management at Interactions2008, the NICE User Group (NUG) Summit, to be held in Fajardo, Puerto Rico, July 28-30.

    Executives from Microsoft, EMC, Avaya, DIRECTV, Conseco, Cisco, Kaiser Permanente, and Gap Inc. are among the featured partner and customer speakers delivering presentations on how to improve contact center performance and achieve greater customer loyalty. Keynote speakers include Michael Maoz, Distinguished Analyst from the leading IT research firm, Gartner, and Mike Eruzione, captain of the legendary, gold medal winning 1980 Winter Olympics United States national hockey team.

    "The agenda for this year's NUG Summit includes more customer speakers than ever before, creating an unprecedented number of opportunities for NICE customers to share information with each other," said Paula Murphy, Director of the annual NUG Summit, and Manager, Global Call Quality, Visa Inc. "This spirit of sharing and collaboration is what makes NUG so unique and valuable to its members, not only at the Summit, but throughout the year."

    NICE SmartCenter and the Actimize set of solutions are helping to solve some of the most pressing business issues today, such as compliance and risk management, customer retention and insights, and improving operational efficiency. Both will be featured at the 2008 NUG Summit during customer presentations, roundtable discussions, and "hands on" sessions.

    "We are very excited about this year's NUG Summit. This industry event constitutes a premier opportunity for exchanging information and ideas, for discussing common challenges in nurturing customer relationships, improving operational efficiencies, and gaining a competitive edge," said Eran Gorev, President and CEO, NICE Systems Inc. "There is no greater resource for our customers than the opportunity to learn from the experiences of other users, with the goal of maximizing the value of each company's investment in NICE's solutions."

    The upcoming NICE customer event, the NICE User Group 2008 Summit will be held in Fajardo, Puerto Rico, July 28-30. To learn more about the NICE User Group and register for the 2008 Summit visit http://www.niceusergroup.org/.

    About NUG

    NUG is an independent, global knowledge community for NICE customers which consists of nearly 3000 members. The broad membership represents both technical and business users across all industries and from various size organizations. NUG partners with NICE to deliver an annual User Summit, monthly conference calls and webinars, and an online environment for members to interact and share knowledge. NUG also works closely with leadership at NICE Systems to influence product, service, and policy direction. The annual NUG Summit is the group's flagship event, which presents an opportunity for members to meet face-to-face for an intensive networking and education program.

    About NICE Systems

    NICE Systems is the leading provider of Insight from Interactions solutions and value-added services, powered by the convergence of advanced analytics of unstructured multimedia content and transactional data - from telephony, web, email, radio, video, and other data sources. NICE's solutions address the needs of the enterprise and security markets, enabling organizations to operate in an insightful and proactive manner, and take immediate action to improve business and operational performance and ensure safety and security. NICE has over 24,000 customers in more than 135 countries, including over 85 of the Fortune 100 companies. More information is available at http://www.nice.com/

    Trademark Note: Insight from Interactions(TM), 360degree View, Executive Connect, Executive Insight*, Freedom, Investigator, Mirra, Universe, My Universe, NICE, NiceCall, NiceCall Focus, NiceCLS, NICE Learning, eNiceLink, NiceLog, Playback Organizer, Renaissance, ScreenSense, NiceScreen, NICE SmartCenter, NICE Storage Center, NiceTrack, NiceUniverse, NiceVision, NiceVision Analytics, NiceVision ControlCenter, NiceVision Digital, NiceVision Harmony, NiceVision Mobile, NiceVision Net, NiceVision Pro, NiceVision NVSAT, NiceVision Alto, Scenario Replay, Tienna, Wordnet, NICE Perform, NICE Inform, NICE Analyzer, Last Message Replay, NiceUniverse Compact, Customer Feedback, Interaction Capture Unit, Dispatcher Assessment, Encoder, Freedom Connect, FAST, FAST Alpha Silver, FAST Alpha Blue and Alpha, Emvolve Performance Manager, Performix Technologies, IEX, TotalView and other product names and services mentioned herein are trademarks and registered trademarks of NICE Systems Ltd. All other registered and unregistered trademarks are the property of their respective owners.

    *in Australia only

    This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on the current expectations of the management of NICE Systems Ltd. (the Company) only, and are subject to a number of risk factors and uncertainties, including but not limited to changes in technology and market requirements, decline in demand for the Company's products, inability to timely develop and introduce new technologies, products and applications, difficulties or delays in absorbing and integrating acquired operations, products, technologies and personnel, loss of market share, pressure on pricing resulting from competition, and inability to maintain certain marketing and distribution arrangements, which could cause the actual results or performance of the Company to differ materially from those described therein. We undertake no obligation to update these forward-looking statements. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the Securities and Exchange Commission.

    Media Contact Virginia Flood NICE Systems +1-201-964-2682 virginia.flood@nice.com Investors Daphna Golden NICE Systems +1-877-245-7449 ir@nice.com

    Nice Systems Ltd.

    CONTACT: Media Contact: Virginia Flood, NICE Systems, +1-201-964-2682,
    virginia.flood@nice.com; Investors, Daphna Golden, NICE Systems,
    +1-877-245-7449




    Alliance Data Systems Corporation Announces Proposed Offering of $700 Million Convertible Senior NotesCompany to Use Net Proceeds to Repurchase Common Stock

    DALLAS, July 23 /PRNewswire-FirstCall/ -- Alliance Data Systems Corporation announced today that it proposes to offer, subject to market conditions and other factors, up to $700 million aggregate principal amount of convertible senior notes due 2013 (the "Notes") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Alliance Data also intends to grant to the initial purchasers of the Notes an option to purchase up to an additional $105 million aggregate principal amount of the Notes solely to cover over-allotments, if any.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20051024/ADSLOGO )

    The Notes will be general unsecured senior obligations of Alliance Data, will pay interest semi-annually, and will be convertible during certain periods and under certain circumstances. Upon conversion, holders of the Notes will receive, at the election of Alliance Data, cash, shares of Alliance Data's common stock or a combination of cash and shares of Alliance Data's common stock. Holders of the Notes will have the right to require Alliance Data to repurchase for cash all or some of their Notes upon the occurrence of certain events. The interest rate, conversion rate and other terms are to be determined by negotiations between Alliance Data and the initial purchasers.

    In connection with the offering of the Notes, Alliance Data expects to enter into convertible note hedge transactions with one or more of the initial purchasers of the Notes or their respective affiliates (the "hedge counterparties") and intends to use a portion of the net proceeds from the offering to pay for the convertible note hedge transactions. Alliance Data also expects to enter into separate warrant transactions with the hedge counterparties, which would result in additional proceeds to Alliance Data, and anticipates that the warrants will have an exercise price that is approximately 75% higher than the closing price of Alliance Data's common stock on the date the warrants are issued.

    In connection with the convertible note hedge and warrant transactions, the hedge counterparties have advised Alliance Data that they or their affiliates may enter into various derivative transactions with respect to Alliance Data's common stock concurrently with or shortly after pricing of the Notes. These transactions could have the effect of increasing or preventing a decline in the price of Alliance Data's common stock concurrently with or following the pricing of the Notes. In addition, the hedge counterparties or their affiliates may from time to time, following the pricing of the Notes, modify their respective hedge positions by entering into or unwinding various derivative transactions with respect to Alliance Data's common stock or by purchasing or selling Alliance Data's common stock in secondary market transactions during the term of the Notes (and are likely to do so during any cash settlement averaging period related to the conversion of the Notes). These activities could have the effect of decreasing the price of Alliance Data's common stock and could adversely affect the price of the Notes during any cash settlement averaging period related to the conversion of the Notes.

    Alliance Data expects to use the net proceeds of the offering and the proceeds of the warrant transactions to (i) fund the repurchase of approximately $300 million worth of shares of Alliance Data common stock pursuant to a new repurchase program (under which up to $1.3 billion of stock may be purchased in addition to the Company's previously announced $500 million repurchase program, of which approximately $50 million remains), including concurrently with the issuance of the Notes through private block trades with one or more of the initial purchasers of the Notes, their affiliates, or both, and, from time to time, in open market purchases and in private transactions, (ii) pay approximately $105 million, the estimated cost of the convertible note hedge transactions, taking into account the proceeds to Alliance Data of the warrant transaction, each described above and (iii) free up borrowing capacity under its revolving credit facility by repaying two outstanding credit agreements in full.

    If the initial purchasers exercise their option to purchase additional Notes, Alliance Data expects to use a portion of the net proceeds from the sale of the additional Notes to increase ratably the number of shares underlying the convertible note hedge transactions. The Company also expects the hedge counterparties to increase ratably the number of shares underlying the warrant transactions, which would result in additional proceeds to Alliance Data. Alliance Data expects to use the remainder of the net proceeds from the sale of additional Notes for the repurchase of shares of Alliance Data common stock from time to time under its new repurchase program in open market purchases and in private transactions.

    The Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

    This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities (including the shares of Alliance Data common stock into which the Notes are convertible) and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

    Photo: http://www.newscom.com/cgi-bin/prnh/20051024/ADSLOGO Alliance Data Systems Corporation

    CONTACT: Julie Prozeller of Financial Dynamics, +1-212-850-5721, for
    Alliance Data Systems Corporation

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




    Verizon Wireless to Host PDA and Smartphone Workshops at Bergen County Communications Stores"20 Things a PDA Can Do For You" Teaches Customers Productive New Wireless Applications; Workshops Offered in Paramus on August 5 and 19

    MORRISTOWN, N.J., July 23 /PRNewswire/ -- Ask anyone what they need more of and the answer will most likely be 'time.' It's our most valuable commodity and why so many consumers are turning to Smartphones and PDAs to help manage it. Wireless customers who apply business principles to manage their personal lives can save time, be more productive and, ultimately, carry a lighter load at work and at home.

    Now, for the first time, consumers who don't have access to an IT department or a help desk, can turn to Verizon Wireless for help in learning how to maximize all the capabilities new wireless devices have to offer. The company is offering free PDA and Smartphone workshops at Verizon Wireless Communications Stores throughout the New Jersey/New York Metro area to help customers learn how to make these devices work for them. Each class, aptly named "20 Things a PDA Can Do For You," will focus on a particular product and service so customers can get in-depth information, quickly.

    Two workshops will be offered at Verizon Wireless Communications Stores in Paramus this month:

    -- 469 Route 17 South: Tuesday, August 5, 10 a.m. to 2 p.m. To register call: 201-225-4000.

    -- 341 Route 4 West: Tuesday, August 19, 10 a.m. to 2 p.m. To register call: 201-343-8507.

    Ideal for everyone from the small business owner to the soccer mom, customers will receive free hands-on tutorials from local Verizon Wireless data experts.

    "The traditional business tool has become a life management tool," said Pat Devlin, president of the company's New York/ New Jersey Metro Region. "These wireless devices are packed with rich, multimedia capabilities and services, allowing customers to stay connected to work, family and friends while on-the-go. Participants will receive uninterrupted hands-on instruction that will enable them to maximize our wireless products and services to meet their everyday communications needs."

    The classes are expected to fill up quickly and seating is limited. The workshop will focus on Palm products such as the new Centro. Topics covered will include text messaging, music synchronization, email management and Internet browsing.

    Registration is preferred but walk-ins are welcome. To register, call the store location or visit http://www.nympdaworkshops.wds.vzw.com/

    About Verizon Wireless

    Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 68.7 million customers. Headquartered in Basking Ridge, N.J., with 70,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/ . To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia .

    Verizon Wireless

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

    Web site: http://www.verizonwireless.com/
    http://www.nympdaworkshops.wds.vzw.com/
    http://www.verizonwireless.com/multimedia

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