TRX and ExpenseWire Partner to Deliver Integrated Travel & Expense Management SolutionNew Offering Helps Organizations Better Control and Manage Expenses

ATLANTA, WOOSTER, Ohio and LOS ANGELES, July 28 /PRNewswire-FirstCall/ -- At the National Business Travel Association (NBTA) International Convention and Exposition, TRX Inc. , a global technology company that develops and hosts software applications to process data records and automate manual processes, and ExpenseWire, a Rearden Commerce company, today announced the two companies have partnered to deliver an integrated expense and travel management solution for customers using RESX, TRX's corporate travel booking application. Available now, the integrated solution improves companies' visibility into employee spending and their ability to cut costs, while providing employees the convenience of submitting their expense reports online.

RESX is a Web-based, self service application that enables business travelers and travel arrangers to create policy-compliant air, car and hotel reservations. RESX's robust administration module enables travel management companies and corporate travel managers to tightly manage policy, site customization and user settings. ExpenseWire's on-demand software simplifies and streamlines the process of filing, reviewing, approving and reimbursing employee expense reports online. The integrated solution delivers valuable company and employee benefits for travel, procurement and finance professionals that include:

-- Reducing employee spending by communicating and enforcing spending policies from the point of purchase to the expense report.

-- Identifying discrepancies between booked and actual charges and flagging employee fraud and overbilling by suppliers.

-- Pre-populating expense reports automatically with travel and credit card transaction data, so employees spend less time completing expense reports and waiting for reimbursement.

"We are excited about our partnership with TRX, and the opportunity to bring the benefits of ExpenseWire's integrated expense management solution to thousands of RESX customers and millions of employees nationwide," said Andrew Vaeth, President of ExpenseWire.

"This technology integration is representative of our approach to delivering freedom of choice to customers in terms of integrated technology solutions in the travel and expense management space," said Shane Hammond, president of RESX Technologies. "Through our partnership with ExpenseWire we are pleased to offer our RESX clients yet another expense management option."

About TRX

TRX is a global technology company. We develop and host software applications that process data records and automate manual processes, enabling our clients to optimize performance and control costs. We are a leading provider to the travel industry and are expanding into financial services and healthcare. We deliver our technology applications in an on-demand environment to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. TRX is headquartered in Atlanta with operations and associates in North America, Europe, and Asia. Please visit the company's website at http://www.trx.com/ .

About ExpenseWire

The ExpenseWire(R) application sets a new bar for expense management. It simplifies and automates the process of filing, reviewing, approving and reimbursing employee expense reports online. It provides organizations the business insight and process control they require to reduce costs and strategically manage expenses. ExpenseWire's on-demand solution can be deployed quickly and integrates easily with travel booking tools and other third party applications. ExpenseWire(R) is a brand of Rearden Commerce, Inc. ( http://www.reardencommerce.com/ ). To learn more about how ExpenseWire delivers on the promise of expense automation, visit http://www.expensewire.com/ .

TRX, Inc.

CONTACT: Kira Perdue, Trevelino-Keller Communications Group for TRX,
+1-404-214-0722, extension 101, kperdue@trevelinokeller.com; or Alicia
diVittorio, ExpenseWire & Rearden Commerce, +1-650-504-7607,
alicia.divittorio@reardencommerce.com

Web site: http://www.trx.com/
http://www.expensewire.com/
http://www.reardencommerce.com/

United Business Media LLC's Leading Technology Online and Print Brands Receive Awards of Excellence From American Society of Business Publication EditorsAdvanced Trading, AdvancedTrading.com, ChannelWeb.com, CRN, CRNtech, InformationWeek and VARBusiness are Winners

MANHASSET, N.Y., July 28 /PRNewswire-FirstCall/ -- United Business Media LLC (UBM) (http://www.ubmtechnology.com/) today announced that it was honored with 13 Awards of Excellence from the American Society of Business Publication Editors (ASBPE) for Everything Channel's ChannelWeb.com, CRN, CRNtech and VARBusiness, and TechWeb's Advanced Trading, AdvancedTrading.com and InformationWeek. The ASPBE Awards recognize outstanding editorial and design in online and print products.

"UBM is proud that our distinguished brands have received ASPBE Awards which highlight our outstanding commitment to excellence in the B2B technology community," Alix Raine, SVP Communications at UBM LLC, said. "Our robust portfolio of award-winning websites and publications continue to influence and shape the technology industry while addressing the specialized needs of our niche audiences."

National Editorial Awards Bronze Award - News Analysis/Investigative

Advanced Trading, "Credit Crisis: What Went Wrong?" October 2007, by Ivy Schmerken

Bronze Award - Product Section/Department

CRNtech, "Gizmos & Gadgets," January 2007, by Jennifer Follett, Edward F. Moltzen, Mario Morejon, Damon Poeter and Fahmida Y. Rashid

Silver Award - Original Web Database

VARBusiness, "Channelweb.com: VAR500 Database," by Joe Caponi, Robert DeMarzo and Larry Hooper

National Design Awards Silver Award - Publication Redesign CRN, "CRN Redesign," by Adeline Cannone, Jim Lawyer and David Nicastro Silver Award - Overall Typography CRN, November 12, 2007, by Adeline Cannone, Jim Lawyer and David Nicastro National Digital Awards Bronze Award - New B2B Web Site Publication

Advanced Trading, "AdvancedTrading.com," by John Ecke, Kerry Massaro, Cristina McEachern, Ivy Schmerken and Vitali Zhukolvsly

B2B Web Site of the Year One of the Top Ten Winners

"ChannelWeb.com," by Larry Hooper, Joe Caponi, Joe Foster, Jack McCarthy, Caitlin Moriarity and Joe Foster

Northeast Regional Editorial Awards Gold Award - Regular Column - Staff Written

Advanced Trading, "CDOs and Quants," October 2007 and December 2007, by Les Kovach and Ivy Schmerken

Silver Award - Regular Column - Staff Written

CRN, "Best Buy = Bad Deal & Sun Set, Sun Rise," March 19, 2007 and April 30, 2007, by Steven Burke

Gold Award - News Analysis/Investigative CRN, "Beware the Bustout," October 1, 2007, by Scott Campbell Northeast Regional Design Awards Silver Award - Feature Article Design

CRN, "25 Most Innovative Executives," November 12 2007, by Adeline Cannone, Jim Lawyer and David Nicastro

Gold Award - Front Cover - Photo

CRN, "Toughest Notebook," October 15, 2007, by Adeline Cannone, Jim Lawyer and David Nicastro

Silver Award - Opening Page/Spread - Computer Generated InformationWeek, "The CIO Dilemma," March 26, 2007, by Mary Ellen Forte About United Business Media LLC (formerly CMP)

United Business Media LLC (http://www.ubmtechnology.com/), formerly known as CMP, has four separate and distinct technology divisions -- Everything Channel, TechInsights, TechWeb and Think Services -- which produce the leading online, event and print brands, and provide business tools and integrated media solutions for technology marketers. Its respected media brands include InformationWeek, the TechWeb Network, ChannelWeb, CRN, EE Times and TechOnline; major industry events such as Interop, Web 2.0 Expo, XChange, Game Developers Conference and the Embedded Systems Conferences; and business information and marketing services such as the Institute for Partner Education and Development, International Customer Management Institute and Semiconductor Insights. United Business Media LLC is a subsidiary of United Business Media Limited (http://www.unitedbusinessmedia.com/), a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.

Contact: Alix Raine United Business Media LLC araine@ubm-us.com 516-562-7827

United Business Media LLC

CONTACT: Alix Raine, United Business Media LLC, araine@ubm-us.com,
+1-516-562-7827

Web site: http://www.ubmtechnology.com/
http://www.unitedbusinessmedia.com/

Company News On-Call: http://www.prnewswire.com/comp/181993.html

CIBER Mobile Supply Chain Solution Reduces Inventory Investments, Improves Patient Access for Northeast Georgia Health Systems

GAINESVILLE, Ga., July 28 /PRNewswire-FirstCall/ -- CIBER, Inc. today announced it has completed a seven-month mobile supply chain management (MSCM) project for Gainesville-based Northeast Georgia Health Systems (NGHS). The project links the healthcare facility's Lawson enterprise resource planning (ERP) software, which is used for operational activities such as accounting, finance, billing, and asset management, to mobile devices used by personnel in the receiving department and on the clinical floors. The new system has helped NGHS significantly decrease software licensing costs and simplify data collection and integration efforts, while improving patient service levels.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010927/CBRLOGO)

Having a better grasp of its received inventory helps NGHS to know exactly where these critical items are located and when they are available, 24 hours a day, 7 days a week. That knowledge reduced necessary medical inventory investments while also improving patient access to those important items.

Denver-based CIBER, an international systems integrator, designed a hardware and software solution that solved these problems while accommodating NGHS's budget. CIBER started with the Lawson Mobile Supply Chain Management application and then provided additional hardware and services to create a fully integrated solution for this common need of healthcare facilities.

CIBER helped NGHS select, acquire, and implement the hardware that would best meet its needs -- an IBM System P server to consolidate and replace two older IBM pSeries network servers, as well as several Motorola MC70 wireless data collection devices and Zebra 105SL barcode printers.

CIBER then managed the entire project, while providing implementation, application, and technical consulting services.

"CIBER's proposal was so comprehensive, yet at the same time it offered value-priced services and infrastructure that fit our budget. It was a tall order that they filled easily," said Bill Foley, Director of Materials Management for NGHS. "Most importantly, their design saved us a great deal of money that would otherwise have been allocated to annual ERP system licensing fees."

"CIBER was excellent to work with. They listened to our challenges, found creative solutions, and worked hard to accommodate our time constraints," said Blanche Ettinger, Project Manager, IT. "The information they provided us on the licensing saved us a great deal of money. Working with CIBER helped us improve our costs while also improving patient care -- this is a win/win situation for NGHS and our patients."

"As healthcare organizations strive to provide better care for patients while at the same time becoming more efficient, we are pleased to bring an advanced supply chain solution to them to help track their assets," said Paul Robson, Vice President of CIBER's Lawson Practice. "Working with NGHS to accomplish this has been a true partnership and a successful collaborative launch."

"By better tracking its inventory, improving par counting, and enhancing inventory cycle counting, NGHS can pass those efficiencies to its patients in the form of superior healthcare," said Eric Borcherding, Vice President of CIBER's Technology Solutions Practice. "This project launch was one of the smoothest that I have ever seen."

NGHS is a non-profit organization that serves the people of northeast Georgia through its two hospital campuses, two long-term care facilities, and its mental health and substance abuse center.

About CIBER, Inc.

CIBER, Inc. is a pure-play international system integration consultancy with superior value-priced services and reliable delivery for both private and government sector clients. CIBER's services are offered globally on a project- or strategic-staffing basis, in both custom and enterprise resource planning (ERP) package environments, and across all technology platforms, operating systems and infrastructures. Founded in 1974 and headquartered in Greenwood Village, Colo., CIBER now serves client businesses from over 60 U.S. offices, 25 European offices and seven offices in Asia/Pacific. Operating in 18 countries, with more than 8,500 employees and annual revenue of approximately $1.2 billion, CIBER and its IT specialists continuously build and upgrade clients' systems to "competitive advantage status." CIBER is included in the Russell 2000 Index and the S&P Small Cap 600 Index. CIBER, the Reliable Global IT Services Partner. http://www.ciber.com/.

Forward-Looking and Cautionary Statements

Statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the company's filings with the Securities and Exchange Commission. CIBER undertakes neither intention nor obligation to publicly update or revise any forward-looking statements. CIBER and the CIBER logo are trademarks or registered trademarks of CIBER, Inc. Copyright(C) 2008.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010927/CBRLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com CIBER, Inc.

CONTACT: Media Relations, Diane Stoner, dstoner@ciber.com, or Investor
Relations, Jennifer Matuschek, jmatuschek@ciber.com, both of CIBER, Inc.,
+1-303-220-0100

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

Abbott To Unveil New ARCHITECT(R) ci4100(TM) Integrated Immunoassay and Clinical Chemistry SystemWhen Available in the U.S., ARCHITECT(R) ci4100(TM) Will Complete the ARCHITECT Family of Products, Providing Improved Productivity for Low-Volume-Testing Laboratories

WASHINGTON, July 28 /PRNewswire-FirstCall/ -- Abbott will preview the new ARCHITECT(R) ci4100(TM) Integrated System at the American Association of Clinical Chemistry (AACC) Annual Meeting this week. The ci4100(TM) is an automated diagnostic analyzer that integrates immunoassay and clinical chemistry testing. Expected to be available in the United States by mid-2009, subject to regulatory approvals, the ci4100 will expand Abbott's family of integrated systems, offering low-volume-testing laboratories and clinics increased productivity and performance.

As low-volume facilities continue to seek efficiency-enhancing solutions, the ci4100 is designed to deliver improved productivity by providing a large capacity of up to 85 onboard reagents and 180 samples that can be continuously loaded and unloaded during the testing process. The ci4100 also will effectively integrate clinical chemistry and immunoassay testing with an expansive test menu, while maintaining quick and consistent immediate turnaround times during both peak and off-peak hours. This helps low to mid-volume facilities meet the demands of increasing workloads and clinical requirements. The ci4100 can generate up to 800 clinical chemistry and 100 immunoassay tests per hour.

When available in the United States, the ci4100 will complete the ARCHITECT family of analyzers. The ARCHITECT system integrates two highly successful ARCHITECT instruments: the i1000SR immunoassay analyzer and the c4000 clinical chemistry system, which was developed with Abbott's partner, Toshiba. Because the ci4100 is based on Abbott's existing ARCHITECT ci8200 and ci16200 integrated platforms, it shares common hardware, software and reagents. Upon regulatory approval, Abbott will be the only company offering high, medium and low-volume integrated solutions leveraging the same software, reagents and sample carriers.

The AACC Annual Meeting is a global meeting that attracts nearly 20,000 attendees from more than 100 countries. The ci4100 is on display in Abbott's AACC exhibit booth (No. 1507).

About the ARCHITECT Family

With its extensive menu of diagnostic tests, user-friendly software and advanced sample management capabilities, the ARCHITECT family and the currently marketed flagship analyzer, ARCHITECT(R) ci8200(R), meet the needs of today's diagnostics laboratory by enhancing workflow and productivity.

ARCHITECT instruments are designed with laboratory-focused features such as the capability to prioritize emergency tests, the ability to use common reagents among platforms and sample monitoring. These features not only minimize training, but also reduce inventory costs and sample contamination potential, leading to better results for laboratories, physicians and, ultimately, patients.

About Abbott's Diagnostics Businesses

Abbott is a global leader in in vitro diagnostics and offers a broad range of innovative instrument systems and tests for hospitals, reference labs, molecular labs, blood banks, physician offices and clinics. With more than 65,000 customers in more than 100 countries, Abbott's diagnostic products offer customers automation, convenience, bedside testing, cost effectiveness and flexibility. Abbott has helped transform the practice of medical diagnosis from an art to a science through the company's commitment to improving patient care and lowering costs. The history of Abbott is filled with examples of first-of-a-kind diagnostic products and significant technological and research advancements.

About Abbott

Abbott is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics. The company employs more than 68,000 people and markets its products in more than 130 countries.

Abbott's news releases and other information are available on the company's Web site at http://www.abbott.com/.

Abbott

CONTACT: Don Braakman of Abbott, +1-847-937-0080

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

Cruising a Steady Choice as Travelers Navigate the Wavering EconomyCheapTickets' Travel Experts Discuss Cost Advantages to Cruising, and Best Strategies for Deal Hunting

CHICAGO, July 28 /PRNewswire/ -- In today's economy, travelers are looking for inexpensive vacation options that don't sacrifice a great experience for a lower price. The travel experts at CheapTickets.com (http://www.cheaptickets.com/), a leading online travel agency that knows "the less you pay, the better it feels(SM)," recommend cruises as a sound choice for those watching their bottom line.

As cruising continues to gain popularity -- the Cruise Lines International Association (CLIA) projected a record breaking 12.8 million passengers this year -- travelers will find distinct advantages to choosing an adventure on the high-seas. Offering five benefits to cruising and strategies for snagging the best deals, CheapTickets.com invites vacationers to explore their options to see the world aboard a cruise ship.

"Cruises are gaining popularity as consumers tighten their purse strings, and is a great option for a fall vacation," said Heather Leisman, senior director of merchandising for CheapTickets. "Not only are our customers taking advantage of the low-season prices for the most popular itineraries, but they're also avoiding high airfares by choosing one of the over 20 cruise homeports in the US."

CheapTickets Top Five Reasons to CRUISE: 1. All-inclusive costs: Most cruise companies include the cost of meals and onboard entertainment in their final price, making it easy for traveler to budget in advance. This proves especially advantageous for the Europe-bound traveler, who might otherwise be affected by fluctuating exchange rates. 2. More ports closer to home: There are now more than 20 cruise ports in North America, allowing many travelers to drive to the ship and avoid airfare costs. 3. Multiple destinations for less: Cruises are a cost-effective way to explore multiple islands or countries without incurring transfer fees between destinations. 4. Mobility in inclement weather: Today's cruise ships are outfitted with satellite technology that allows them to easily avoid inclement weather, making cruises a more secure investment during hurricane season. 5. Wide assortment of activities: The cruise industry has mastered the art of providing something for everyone. From kids camps and dance lessons, to rock climbing and yoga classes, cruises provide rewarding experiences for a wide range of audiences. Online Tools and Tips

Cruise deals are plentiful on CheapTickets with cruises.cheaptickets.com featuring weekly promotions, often introducing one-day sales for specific cruise lines. In addition, the "Cheap of the Week" tab is updated daily, debuting fresh offers in the cruises section. Procrastinators will find notable savings on CheapTickets' "Last Minute Trips" tab, which highlights cruises departing in less than 45 days. For those looking to avoid airfare costs, the "Home Port Cruises" section directs travelers to ships departing nearby.

Savvy online shoppers will find added discounts thanks to CheapTickets special senior and resident rates, and cruising "alumni" often find reduced rates as returning passengers. For those looking to test the water, CheapTickets also features one-night dinner cruises. These events are an excellent way for intrigued travelers to board a large ship with a minimal investment of time and money.

Top Deals on Popular Cruise Routes(1) -- Western Caribbean from $189: The 4-night Carnival Imagination Cruise departs from Miami, exploring Key West and Cozumel. -- Baja Mexico from $189: From Los Angeles, the 4-night Carnival Paradise visits Southern California's Catalina Island and Mexico's Ensenada. -- Bermuda from $549: Norwegian Dream departs Boston for a 7-night voyage. -- Europe and North Africa - from $499: The 7-night tour with Costa Cruises departs Rome, visiting Genoa, Italy, Barcelona and Mallorca, Spain, Tunis, Tunisia, Valleta, Malta and Palermo, Sicily. -- Alaska from $599: From Vancouver, BC, Canada, Holland America Line explores Juneau, Skaqway and Ketchikan. Terms & Conditions: (1)Sample rates shown were accurate and available on CheapTickets.com on 7/09/2008 on the travel dates specified and may not represent current prices because our real-time pricing booking engine is constantly updating prices and availability. About CheapTickets

CheapTickets is a leading seller of discounted leisure travel products online through its Web site, http://www.cheaptickets.com/. CheapTickets provides consumers access to its collection of airfares on hundreds of airlines. In addition to cheap flights, CheapTickets' family of discounted travel products also includes cheap hotels, cheap cruises, cheap rental cars, cheap vacation packages, condo rentals and Last Minute Trips. Founded in 1986, CheapTickets is a brand that is owned and operated by Orbitz Worldwide . OWW also owns and operates Orbitz (http://www.orbitz.com/), ebookers (http://www.ebookers.com/), HotelClub (http://www.hotelclub.net/hotel.reservations/), RatesToGo (http://www.ratestogo.com/Hotels-Last-Minute/EN) and the Away Network (http://www.away.com/).

CheapTickets.com

CONTACT: Patricia Nugent, +1-212-284-9935, pnugent@mg-pr.com, or Lauren
Eisele, +1-212-980-9192, leisele@mg-pr.com, both for CheapTickets.com

Web site: http://www.orbitz.com/
http://www.cheaptickets.com/

SMIC Reports 2008 Second Quarter Results

-- All currency figures stated in this report are in US Dollars unless stated otherwise. -- The financial statement amounts in this report are determined in accordance with US GAAP.

SHANGHAI, China, July 28 /Xinhua-PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC" or the "Company"), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended June 30, 2008.

Second Quarter 2008 Highlights: -- Non-DRAM revenue increased by 3.8% QoQ to $330.7 million from 1Q08 and increased by 24% YoY from 2Q07. -- Overall revenue, however, decreased to $342.9 million in 2Q08, down 5.4% QoQ from 1Q08 and down 8.5% YoY from 2Q07 due to reduced DRAM shipments following the decision in 1Q08 to exit the commodity DRAM business. -- DRAM as a proportion of total revenue fell to 3.6% in 2Q08 from 12.1% in 1Q08. -- Logic sales from 0.13 micron full-flow and 90 nanometer technology nodes have increased by 14.5% in 2Q08 QoQ. -- Gross margin was 6.1% in 2Q08 compared to -9.0% in 1Q08 -- Simplified ASP(1) increased by 6.9% QoQ to $853 per wafer from $798 in 1Q08 -- The Company recorded a net loss of $45.6 million in 2Q08 as we were still in the transitional stage of converting the DRAM capacity in our Beijing facility into logic production. -- Fully diluted EPS was ($0.1227) per ADS. (1) Total Sales / Total wafer shipped First Quarter 2008 Result Revision:

During the first quarter of 2008, the Company reached an agreement with our customers to exit the commodity DRAM business. The company considered this an indicator of impairment in regard to the long-lived assets of the Company's Beijing facility in accordance with SFAS 144. The company has completed its analysis, and has recorded an impairment loss of $105.8 million. The Q108 financials have been restated as shown on page 19 of this release.

Over a conference call, Dr. Richard Chang, Chief Executive Officer of SMIC, spoke with analysts about the quarterly results. "Overall, as expected, our revenue for the second quarter of 2008 declined slightly to $342.9 million, but due to our gain in logic foundry services, we were able to significantly narrow our quarterly losses to $45.6 million. The losses in the second quarter were primarily due to the fact that we are still transitioning from majority DRAM production to pure logic production in our Beijing facility.

The process of converting DRAM capacity into logic has been successful. Quite a number of new logic tape-outs with high yield are now in customer qualification, and a few have entered into production. Our total logic wafer shipments increased by 7.8% in the second quarter, and are expected to increase at least 30% in 2008, as compared to 2007. The ramp-up of our logic capacity remains critical to our strategy, as it will better position us to match the market demand for our services.

In the second quarter, we witnessed rather strong customer demand, despite the severe macroeconomic situation in the U.S. The demand for our 8-inch fab service has been very strong consecutively every month for the second quarter. We foresee persistently increased customer demand throughout the remainder of 2008, particularly in communications and consumer applications, such as DTV, mobile TV, and wireless networking ICs, which comprise the major portion of our business. On a regional basis, revenue from North America remains solid, while revenue from the Asia Pacific region, including Mainland China and Taiwan, has seen the highest growth.

We are continuing our efforts in developing advanced technology nodes as more and more of our customers have migrated to finer line width technologies. Logic output for the 0.13um and 90nm technology nodes is expected to increase around 10% in the third quarter. We have also commenced our internal 65nm library and bit cell development, and our 45nm collaboration with IBM is proceeding smoothly in accordance to schedule.

We are pleased to see strong progress being made by our Chinese customers. As we continue to serve them with our 90nm technology process, we have also engaged them at the 65nm technology node. One customer announced that their new RFID product, which was manufactured in our factory, received EPC Global official authentication this month. This is the first Chinese-made RFID product to receive this international certification. Another customer started mass production of their 3G CMMB mobile TV chipset in the second quarter in our fab. The demand has been very strong extending to the rest of the year and beyond. Moving forward, we will continue to strengthen our local advantage in China by collaborating with these local fabless design houses.

We are also pleased with our profitable solar business and approved expansion plan. We will expand our solar capacity five to six times our current production output in the first half of 2009.

As we continue to execute our growth plans, we believe we will continue to create value for our customers worldwide and further enhance shareholder value for the coming years."

Conference Call / Webcast Announcement Date: July 29, 2008 Time: 8:30 a.m. Shanghai time

Dial-in numbers and pass code: U.S. 1-617-597-5342 or HK 852-3002-1672 (Pass code: SMIC).

A live webcast of the 2008 second quarter announcement will be available at http://www.smics.com/ under the "Investor Relations" section. An archived version of the webcast, along with an electronic copy of this news release will be available on the SMIC website for a period of 12 months following the webcast.

About SMIC

Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, providing integrated circuit (IC) manufacturing service at 0.35 micron to 65 nanometer and finer line technologies. Headquartered in Shanghai, China, SMIC has a 300- millimeter wafer fabrication facility (fab) and three 200mm wafer fabs in its Shanghai mega-fab, two 300mm wafer fabs in its Beijing mega-fab, a 200mm wafer fab in Tianjin, a Shenzhen facility under construction, and an assembly and testing facility in Chengdu. SMIC also has customer service and marketing offices in the U.S., Europe, and Japan, and a representative office in Hong Kong. In addition, SMIC manages and operates a 200mm wafer fab in Chengdu owned by Cension Semiconductor Manufacturing Corporation and a 300mm wafer fab in Wuhan owned by Wuhan Xinxin Semiconductor Manufacturing Corporation.

SMIC has filed with the U.S. Securities and Exchange Commission its annual report on Form 20-F for the year ended December 31, 2007. The annual report is available on our website at http://www.smics.com/ . In addition, all SMIC ADR holders have the ability, upon request, to receive a hard copy of our complete audited financial statements free of charge.

For more information, please visit http://www.smics.com/ . Safe Harbor Statements (Under the Private Securities Litigation Reform Act of 1995)

This press release contains, in addition to historical information, "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements, including statements concerning our expectation for third quarter 2008 revenue, our expectation that our performance will improve once we fully ramp up our logic production, our targeted increase in our total logic wafer shipments in 2008, our expectation for persistently strong market demand throughout the remainder of 2008, future anticipated collaborations with local fabless design houses, expected timing for beginning commercial production for our 65nm technology, SMIC's ability to grow and improve profitability in 2008, and statements under "Capex Summary" and "Third Quarter 2008 Guidance", are based on SMIC's current assumptions, expectations and projections about future events. SMIC uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward-looking statements, although not all forward- looking statements contain these words. These forward-looking statements are necessarily estimates reflecting the best judgment of SMIC's senior management and involve significant risks, both known and unknown, uncertainties and other factors that may cause SMIC's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, risks associated with cyclicality and market conditions in the semiconductor industry, intense competition, timely wafer acceptance by SMIC's customers, timely introduction of new technologies, SMIC's ability to ramp new products into volume, supply and demand for semiconductor foundry services, industry overcapacity, shortages in equipment, components and raw materials, orders or judgments from pending litigation, availability of manufacturing capacity and financial stability in end markets.

Investors should consider the information contained in SMIC's filings with the U.S. Securities and Exchange Commission (SEC), including its annual report on 20-F, filed with the SEC on June 27, 2008 especially in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections, and such other documents that SMIC may file with the SEC or SEHK from time to time, including on Form 6-K. Other unknown or unpredictable factors also could have material adverse effects on SMIC's future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as required by law, SMIC undertakes no obligation and does not intend to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Material Litigation Recent TSMC Legal Developments:

On August 25, 2006, TSMC filed a lawsuit against the Company and certain subsidiaries (SMIC (Shanghai), SMIC (Beijing) and SMIC (Americas)) in the Superior Court of the State of California, County of Alameda for alleged breach of the Settlement Agreement, alleged breach of promissory notes and alleged trade secret misappropriation by the Company. TSMC seeks, among other things, damages, injunctive relief, attorneys' fees, and the acceleration of the remaining payments outstanding under the Settlement Agreement.

In the present litigation, TSMC alleges that the Company has incorporated TSMC trade secrets in the manufacture of the Company's 0.13 micron or smaller process products. TSMC further alleges that as a result of this claimed breach, TSMC's patent license is terminated and the covenant not to sue is no longer in effect with respect to the Company's larger process products.

The Company has vigorously denied all allegations of misappropriation. The Court has made no finding that TSMC's claims are valid, nor has it set a trial date.

On September 13, 2006, the Company announced that in addition to filing a response strongly denying the allegations of TSMC in the United States lawsuit, it filed on September 12, 2006, a cross-complaint against TSMC seeking, among other things, damages for TSMC's breach of contract and breach of implied covenant of good faith and fair dealing.

On November 16, 2006, the High Court in Beijing, the People's Republic of China, accepted the filing of a complaint by the Company and its wholly-owned subsidiaries, SMIC (Shanghai) and SMIC (Beijing), regarding the unfair competition arising from the breach of bona fide (i.e. integrity, good faith) principle and commercial defamation by TSMC ("PRC Complaint"). In the PRC Complaint, the Company is seeking, among other things, an injunction to stop TSMC's infringing acts, public apology from TSMC to the Company and compensation from TSMC to the Company, including profits gained by TSMC from their infringing acts.

TSMC filed with the California court in January 2007 a motion seeking to enjoin the PRC action. In February 2007, TSMC filed with the Beijing High Court a jurisdictional objection, challenging the competency of the Beijing High Court's jurisdiction over the PRC action.

In March 2007, the California Court denied TSMC's motion to enjoin the PRC action. TSMC appealed this ruling to California Court of Appeal. On March 26, 2008, the Court of Appeal, in a written opinion, denied TSMC's appeal.

In July 2007, the Beijing High Court denied TSMC's jurisdictional objection and issued a court order holding that the Beijing High Court shall have proper jurisdiction to try the PRC action. TSMC appealed this order to the Supreme Court of the People's Republic of China. On January 7, 2008, the Supreme Court heard TSMC's appeal. On June 13, 2008, the Supreme Court denied TSMC's appeal and affirmed the jurisdiction of the Beijing High Court.

On August 14, 2007, the Company filed an amended cross-complaint against TSMC seeking, among other things, damages for TSMC's breach of contract and breach of patent license agreement. TSMC thereafter denied the allegations of the Company's amended cross-complaint and subsequently filed additional claims that the Company breached the Settlement Agreement by filing an action in the Beijing High Court. The Company has denied these additional claims by TSMC.

On August 15-17, 2007, the California Court held a preliminary injunction hearing on TSMC's motion to enjoin use of certain process recipes in certain of the Company's 0.13 micron logic process flows. On September 7, 2007, the Court denied TSMC's preliminary injunction motion, thereby leaving unaffected the Company's development and sales. However, the court required the Company to provide 10 days' advance notice to TSMC if the Company plans to disclose logic technology to non-SMIC entities under certain circumstances, to allow TSMC to object to the planned disclosure.

On March 11, 2008, TSMC filed an application for a right to attach order in the California Court. By its application, TSMC sought an order securing an amount equal to the remaining balance on the promissory notes issued by the Company in connection with the Settlement Agreement. The Company opposed the application. A hearing was held on April 3, 2008. On June 24, 2008, the Court denied TSMC's application.

In May 2008, TSMC filed a motion in the California Court for summary adjudication against the Company on several of the Company's cross claims. The Company will oppose the motion. A hearing has been set on the motion for July 25, 2008.

A hearing was held on June 23, 2008, the Company filed with California court a cross-complaint against TSMC seeking, among other things, damages for TSMC's unlawful stealing of trade secrets from SMIC to improve its competitive position against SMIC.

Under the provisions of SFAS 144, the Company is required to make a determination as to whether or not this pending litigation represents an event that requires a further analysis of whether the patent license portfolio has been impaired. We believe that the lawsuit is at an early stage and we are still evaluating whether or not the litigation represents such an event. The Company expects further information to become available to us which will aid us in making a determination. The outcome of any impairment analysis performed under SFAS 144 might result in a material impact to our financial position and results of operations. Because the case is in its early stages, the Company is unable to evaluate the likelihood of an unfavorable outcome or to estimate the amount or range of potential loss.

Summary of Second Quarter 2008 Operating Results

Amounts in US$ thousands, except for EPS and operating data 2Q08 1Q08(3) QoQ 2Q07 YoY Revenue 342,919 362,369 -5.4 % 374,829 -8.5 % Cost of sales 322,077 394,940 -18.4 % 336,339 -4.2 % Gross profit 20,842 (32,571) -- 38,490 -45.9 % Operating expenses 60,750 170,151 -64.3 % 47,113 28.9 % Loss from operations (39,908) (202,722) -80.3 % (8,623) 362.8 % Other income (expenses), net (5,193) (3,596) 44.4 % 6,085 -- Income tax (expenses) credit (2,046) (19,142) -89.3 % 1,621 -- Net loss after income taxes (47,147) (225,460) -79.1 % (917) 5041.4 % Minority interest 1,603 846 89.5 % (137) -- Loss from equity investment (85) (241) -64.7 % (1,001) -91.5 % Loss attributable to holders of ordinary shares (45,629) (224,855) -79.7 % (2,054) 2121.5 % Gross margin 6.1 % -9.0 % 10.3 % Operating margin -11.6 % -55.9 % -2.3 % Net (loss) income per ordinary share - basic(1) (0.0025) (0.0121) (0.0001) Net (loss) income per ADS - basic (0.1227) (0.6051) (0.0056) Net (loss) income per ordinary share - diluted(1) (0.0025) (0.0121) (0.0001) Net (loss) income per ADS - diluted (0.1227) (0.6051) (0.0056) Wafers shipped (in 8" wafers)(2) 402,114 454,259 -11.5 % 443,445 -9.3 % Capacity utilization 92.2 % 92.1 % 88.9 % Note: (1) Based on weighted average ordinary shares of 18,589 million (basic) and 18,589 million (diluted) in 2Q08, 18,579 million (basic) and 18,579 million (diluted) in 1Q08 and 18,476 million (basic) and 18,476 million (diluted) in 2Q07 (2) Including copper interconnects (3) As Restated -- Non-DRAM revenue increased by 3.8% QoQ to $330.7 million from 1Q08 and increased by 24% YoY from 2Q07. -- Overall revenue, however, decreased to $342.9 million in 2Q08, down 5.4% QoQ from $362.4 million in 1Q08 and down 8.5% YoY from $374.8 million in 2Q07 due to lower DRAM shipments. -- Cost of sales decreased to $322.1 million in 2Q08, down 18.4% QoQ from $394.9 million in 1Q08 due to lower DRAM shipments -- Gross profit increased to $20.8 million in 2Q08, up QoQ from $(32.6) million in 1Q08 and down 45.9% YoY from $38.5 million in 2Q07. -- Gross margins increased to 6.1% in 2Q08 from -9.0% in 1Q08 due to the company's gradual exit from the commodity DRAM business. -- Total operating expenses decreased to $60.8 million in 2Q08 from $64.4 million (excluding the asset impairment loss of $105.8 million), a decrease of 5.6% QoQ, primarily due to a decrease in administrative expenses coupled with an increase in R&D expenses -- R&D expenses increased to $37.7 million in 2Q08, up 10.1% from $34.2 million primarily due to start up costs associated with the 12-inch project in Shanghai -- G&A expenses decreased to $13.3 million in 2Q08 from $18.6 million in 1Q08 due to an increase in foreign exchange gain, from a $1.7M exchange loss in Q108 to a $5M exchange gain in Q208 -- Selling & marketing expenses decreased to $4.4 million in 2Q08, down 10.8% QoQ from $4.9 million in 1Q08 primarily due to a decrease in promotion costs associated with selling activities. Analysis of Revenues Sales Analysis By Application 2Q08 1Q08 2Q07 Computer 7.9 % 12.8 % 25.2 % Communications 51.1 % 54.3 % 40.7 % Consumer 32.4 % 25.9 % 24.3 % Others 8.6 % 7.0 % 9.8 % By Service Type 2Q08 1Q08 2Q07 Logic(3) 85.7 % 78.4 % 61.8 % DRAM 3.6 % 12.1 % 28.9 % Management Services 2.6 % 2.5 % 3.2 % Mask Making, testing, others 8.1 % 7.0 % 6.1 % By Customer Type 2Q08 1Q08 2Q07 Fabless semiconductor companies 54.6 % 54.4 % 43.8 % Integrated device manufacturers (IDM) 25.7 % 31.6 % 42.3 % System companies and others 19.7 % 14.0 % 13.9 % By Geography 2Q08 1Q08 2Q07 North America 55.1 % 53.6 % 39.6 % Asia Pacific (ex. Japan) 34.7 % 29.9 % 29.1 % Japan 3.6 % 3.9 % 8.9 % Europe 6.6 % 12.6 % 22.4 % Wafer Revenue Analysis By Technology (logic, DRAM & copper interconnect only) 2Q08 1Q08 2Q07 0.09mm 18.4 % 19.8 % 22.0 % 0.13mm 22.9 % 25.0 % 33.0 % 0.15mm 2.1 % 4.2 % 1.2 % 0.18mm 37.7 % 32.1 % 30.8 % 0.25mm 0.6 % 0.5 % 0.7 % 0.35mm 18.3 % 18.4 % 12.3 % By Technology (Logic Only)(1) 2Q08 1Q08 2Q07 0.09mm 16.4 % 14.7 % 15.3 % 0.13mm(2) 21.8 % 20.3 % 19.0 % 0.15mm 2.2 % 5.0 % 1.9 % 0.18mm 39.6 % 37.8 % 43.6 % 0.25mm 0.6 % 0.5 % 0.9 % 0.35mm 19.4 % 21.7 % 19.3 % Note: (1) Excluding 0.13 m copper interconnects (2) Represents revenues generated from manufacturing full flow wafers (3) Including 0.13 m copper interconnects Capacity* Fab / (Wafer Size) 2Q08 1Q08 Shanghai Fab (8") 86,000 88,000 Beijing Fab (12") 40,500 54,000 Tianjin Fab (8") 28,000 25,396 Total monthly wafer fabrication capacity 154,500 167,396 Note: * Wafers per month at the end of the period in 8" wafers -- Total capacity decreased to 154,500 8-inch wafer equivalent per month at the end of 2Q08 due to the shift in the product mix from DRAM to logic products. Shipment and Utilization 8" equivalent wafers 2Q08 1Q08 2Q07 Wafer shipments including copper interconnects 402,114 454,259 443,445 Utilization rate(1) 92.2 % 92.1 % 88.9 % Note: (1) Capacity utilization based on total wafer out divided by estimated capacity -- Wafer shipments decreased 11.5% QoQ to 402,114 units of 8-inch equivalent wafers in 2Q08 from 454,259 units of 8-inch equivalent wafers in 1Q08, and down 9.3% YoY from 443,445 8-inch equivalent wafers in 2Q07 due to lower DRAM shipments. -- However, logic shipments increased 7.8% QoQ to 360,623 units of 8-inch equivalent wafers in 2Q08 from 1Q08 and up 41.5% YoY from 2Q07. Detailed Financial Analysis Gross Profit Analysis Amounts in US$ thousands 2Q08 1Q08 QoQ 2Q07 YoY Cost of sales 322,077 394,940 -18.4 % 336,339 -4.2 % Depreciation 153,783 159,715 -3.7 % 159,154 -3.4 % Other manufacturing costs 160,938 227,731 -29.3 % 168,408 -4.4 % Deferred cost amortization 5,886 5,886 0.0 % 5,886 0.0% Share-based compensation 1,470 1,608 -8.6 % 2,891 -49.2 % Gross Profit 20,842 (32,571) -- 38,491 -45.9 % Gross Margin 6.1 % -9.0 % 10.3 % -- Cost of sales decreased to $322.1 million in 2Q08, down 18.4% QoQ from $394.9 million in 1Q08 due to lower DRAM shipment. -- Gross profit increased to $20.8 million in 2Q08, up QoQ from $(32.6) million in 1Q08 and down 45.9% YoY from $38.5 million in 2Q07. -- Gross margins increased to 6.1% in 2Q08 from -9.0% in 1Q08 due to the company's gradual exit from the commodity DRAM business. Operating Expense Analysis Amounts in US$ thousands 2Q08 1Q08(1) QoQ 2Q07 YoY Total operating expenses 60,750 170,150 -64.3 % 47,113 28.9 % Research and development 37,684 34,233 10.1 % 23,194 62.5 % General and administrative 13,328 18,606 -28.4 % 14,746 -9.6 % Selling and marketing 4,356 4,883 -10.8 % 4,234 2.9 % Amortization of intangible assets 6,898 6,784 1.7 % 6,213 11.0 % Loss (Income) from disposal of properties (1,517) (130)1066.9 % (1,274) 19.1 % Impairment loss of long-lived assets -- 105,774 -- -- -- Note: (1) As Restated -- Total operating expenses decreased to $60.8 million in 2Q08 from $64.4 million (excluding the impairment loss of long-lived assets), a decrease of 5.6% QoQ, primarily due to a decrease in administrative expenses coupled with an increase in R&D expenses. -- R&D expenses increased to $37.7 million in 2Q08, up 10.1% from $34.2 million primarily due to start up costs associated with the 12-inch project in Shanghai. -- G&A expenses decreased to $13.3 million in 2Q08 from $18.6 million in 1Q08 primarily due to an increase in foreign exchange gain, from a $1.7M foreign exchange loss in Q108 to a $5M foreign exchange gain in Q208. -- Selling & marketing expenses decreased to $4.4 million in 2Q08, down 10.8% QoQ from $4.9 million in 1Q08 primarily due to a decrease in promotion costs associated with selling activities. -- An asset impairment loss of $105.8 million was recorded in Q108 in respect of the Beijing facility following the decision to exit the commodity DRAM business. Other Income (Expenses) Amounts in US$ thousands 2Q08 1Q08 QoQ 2Q07 YoY Other income (expenses) (5,193) (3,596) 44.4 % 6,085 -- Interest income 4,059 3,758 8.0 % 2,679 51.5 % Interest expense (15,279) (17,267) -11.5 % 3,343 -- Other, net 6,027 9,913 -39.2 % 63 9466.7 % -- Other non-operating expenses of $5.2 million in 2Q08 increased as compared to $3.6 million in 1Q08, primarily due to a decrease in foreign exchange gain related to non-operating activities partially offset by a decrease in interest expense. Liquidity Amounts in US$ thousands 2Q08 1Q08 Cash and cash equivalents 480,265 506,320 Restricted Cash 91,130 Short term investments 32,326 29,474 Accounts receivable 262,418 283,932 Inventory 252,394 216,159 Others 64,767 59,036 Total current assets 1,183,300 1,094,921 Accounts payable 345,801 290,677 Short-term borrowings 242,908 137,470 Current portion of long-term debt 341,630 341,620 Others 159,958 181,054 Total current liabilities 1,090,297 950,821 Cash Ratio 0.5x 0.5x Quick Ratio 0.8x 0.9x Current Ratio 1.1x 1.2x Capital Structure Amounts in US$ thousands 2Q08 1Q08 Cash and cash equivalents 480,265 506,320 Restricted Cash 91,130 Short-term investment 32,326 29,474 Current portion of promissory note 29,242 29,493 Promissory note 37,441 51,495 Short-term borrowings 242,908 137,470 Current portion of long-term debt 341,630 341,620 Long-term debt 695,292 639,058 Total debt 1,279,830 1,118,148 Shareholders' equity 2,749,470 2,791,633 Total debt to equity ratio 46.5 % 40.1 % Cash Flow Amounts in US$ thousands 2Q08 1Q08 Net cash from operating activities 147,211 136,231 Net cash from investing activities (320,120) (153,727) Net cash from financing activities 146,927 54,594 Net change in cash (26,055) 37,036 Capex Summary -- Capital expenditures for 2Q08 were $231 million. -- Total planned capital expenditures for 2008 will be approximately $700 million and will be adjusted based on market conditions. Third Quarter 2008 Guidance

The following statements are forward looking statements which are based on current expectation and which involve risks and uncertainties, some of which are set forth under "Safe Harbor Statements" above.

-- Revenues expected to increase 5% to 8%. -- Operating expense are expected to be in the high-teens. -- Capital expenditure expected to be approximately between $230 to $280 million. -- Depreciation and amortization expected to be approximately $190 million to $210 million. Recent Highlights and Announcements -- Annual General Meeting held on June 2, 2008 (2008-6-2) -- Change in Directorate (2008-6-2) -- Impact of Earthquake in Sichuan Province of the People's Republic of China (2008-5-14) -- Closure of Register of Members (2008-5-7) -- SMIC Reports Results for the Three Months Ended March 31, 2008 (2008-4-29) -- Notice of Annual General Meeting, Re-election of Directors, Proposed General Mandates to Issue and Repurchase Shares and Proposed Amendments to Articles of Association (2008-4-29) -- Announcement of 2007 Annual Results (2008-4-27) -- SMIC and Amlogic in Commercial Production of 90nm Digital Photo Frame Chip (2008-4-24) -- SMIC and ASTRI Collaborated on the Development of the World's First Dual Mode UWB MAC ASIC supporting both WiMedia Compliant WLP and China IGRS Networking Applications (2008-4-21) -- Legend Silicon releases 3rd generation DTV demodulator chip, taps SMIC process for new improvements to China's high-definition DTV era (2008-4-18) -- Unusual Movement In Share Trading Price (2008-4-15) -- Extension of Waiver of Qualified Accountant (2008-4-7) -- SMIC Appoints Ms. Shirley Lin as Chief Strategic Advisor (2008-4-2) Please visit SMIC's website at http://www.smics.com/website/enVersion/Press_Center/pressRelease.jsp for further details regarding the recent announcements. Semiconductor Manufacturing International Corporation CONSOLIDATED BALANCE SHEET (In US dollars) As of the end of June 30, 2008 March 31, 2008 (unaudited) (unaudited) ASSETS Current assets: Cash and cash equivalents $480,265,390 $506,320,313 Restricted Cash 91,129,665 -- Short term investments 32,325,653 29,473,900 Accounts receivable, net of allowances of $4,491,881 and $4,084,646 at June 30, 2008 and March 31, 2008, respectively 262,418,476 283,931,518 Inventories 252,393,858 216,159,019 Prepaid expense and other current assets 43,757,844 38,642,090 Receivable for sale of plant and equipment and other fixed assets 19,503,560 17,355,300 Assets held for sale 1,505,287 3,038,345 Total current assets 1,183,299,733 1,094,920,485 Land use rights, net 56,973,227 57,242,556 Plant and equipment, net 3,073,939,856 3,030,342,825 Acquired intangible assets, net 219,542,603 226,440,883 Deferred cost 58,864,395 64,750,835 Equity investment 9,570,309 9,655,431 Other long-term prepayments 2,431,307 2,893,411 Deferred tax assets 44,482,712 38,102,589 TOTAL ASSETS $4,649,104,142 $4,524,349,015 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable 345,801,391 290,676,671 Accrued expenses and other current liabilities 130,233,266 151,044,251 Short-term borrowings 242,907,613 137,470,000 Current portion of promissory note 29,242,001 29,492,873 Current portion of long-term debt 341,630,053 341,620,480 Income tax payable 482,264 516,451 Total current liabilities 1,090,296,588 950,820,726 Long-term liabilities: Promissory note 37,440,879 51,495,193 Long-term debt 695,291,528 639,058,040 Long-term payables relating to license agreements 43,488,864 56,778,942 Deferred tax liabilities 621,029 464,837 Total long-term liabilities 776,842,300 747,797,012 Total liabilities $1,867,138,888 $1,698,617,738 Minority interest 32,495,675 34,098,639 Ordinary shares $0.0004 par value, 50,000,000,000 shares authorized, shares issued and outstanding 18,592,920,335 and 18,583,994,474 at June 30, 2008 and March 31, 2008, respectively 7,437,168 7,433,598 Additional paid-in capital 3,320,932,081 3,317,395,859 Accumulated other comprehensive income (137,073) (63,647) Accumulated deficit (578,762,598) (533,133,172) Total stockholders' equity 2,749,469,578 2,791,632,638 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $4,649,104,142 $4,524,349,015 Semiconductor Manufacturing International Corporation CONSOLIDATED STATEMENT OF OPERATIONS (In US dollars) For the three months ended June 30, 2008 March 31, 2008 (unaudited) (unaudited) Sales 342,919,148 362,368,556 Cost of sales 322,076,702 394,939,583 Gross profit 20,842,446 (32,571,027) Operating expenses: Research and development 37,684,073 34,232,685 General and administrative 13,328,153 18,605,813 Selling and marketing 4,356,161 4,883,475 Amortization of acquired intangible assets 6,898,279 6,784,250 Impairment loss of long-lived assets -- 105,774,000 Loss (income) from sale of plant and equipment and other fixed assets (1,516,754) (129,573) Total operating expenses 60,749,912 170,150,650 Loss from operations (39,907,466) (202,721,677) Other income (expenses): Interest income 4,058,901 3,758,119 Interest expense (15,279,685) (17,266,845) Foreign currency exchange gain (loss) 2,478,287 10,317,302 Other income (expenses), net 3,549,159 (404,404) Total other income (expenses), net (5,193,338) (3,595,828) Net loss before income tax, minority interest and loss from equity investment (45,100,804) (206,317,505) Income tax benefit (expense) (2,046,464) (19,141,832) Minority interest 1,602,964 845,769 Loss from equity investment (85,122) (240,967) Net loss $(45,629,426) $(224,854,535) Net loss per share, basic (0.0025) (0.0121) Net loss per ADS, basic (0.1227) (0.6051) Net loss per share, diluted (0.0025) (0.0121) Net loss per ADS, diluted (0.1227) (0.6051) Ordinary shares used in calculating basic loss per ordinary share 18,589,202,067 18,579,292,515 Ordinary shares used in calculating diluted loss per ordinary share 18,589,202,067 18,579,292,515 Semiconductor Manufacturing International Corporation CONSOLIDATED STATEMENT OF CASH FLOWS (In US dollars) For the three months ended June 30, 2008 March 31, 2008 (unaudited) (unaudited) Operating activities Net loss (45,629,426) (224,854,535) Adjustments to reconcile net loss to net cash provided by operating activities: Minority interest (1,602,964) (845,769) Deferred tax (6,223,931) 18,672,650 Loss (Gain) on disposal of plant and equipment (1,516,754) (129,573) Depreciation and amortization 187,912,371 191,728,933 Amortization of acquired intangible assets 6,898,279 6,784,250 Share-based compensation 3,293,295 3,596,628 Non cash interest expense on promissory notes 1,839,073 2,073,335 Loss from equity investment 85,122 240,967 Loss on Impairment of long-lived assets -- 105,774,000 Changes in operating assets and liabilities: Accounts receivable, net 21,513,042 14,456,133 Inventories (36,234,839) 32,150,746 Prepaid expense and other current assets (6,011,332) (7,309,344) Accounts payable 33,225,078 (16,094,831) Accrued expenses and other current liabilities (10,301,330) 10,623,203 Income tax payable (34,187) (636,179) Net cash provided by operating activities 147,211,497 136,230,614 Investing activities: Purchase of plant and equipment (204,346,529) (114,217,902) Proceeds from disposal of plant and equipment 9,157 484,943 Proceeds received from sale of assets held for sale 642,452 690,161 Purchases of acquired intangible assets (22,443,824) (18,848,000) Purchase of short-term investments (94,846,471) (41,975,501) Sale of short-term investments 91,994,718 20,139,472 Change in restricted cash (91,129,665) -- Net cash used in investing activities (320,120,162) (153,726,827) Financing activities: Proceeds from short-term borrowing 208,437,613 72,050,000 Proceeds from long-term debt 227,024,023 23,690,989 Repayment of promissory notes (15,000,000) Repayment of long-term debt (170,780,962) Repayment of short-term debt (103,000,000) (41,580,000) Proceeds from exercise of employee stock options 246,496 433,289 Net cash provided by financing activities 146,927,170 54,594,278 Effect of exchange rate changes (73,428) (61,765) NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (26,054,923) 37,036,300 CASH AND CASH EQUIVALENTS, beginning of period 506,320,313 469,284,013 CASH AND CASH EQUIVALENTS, end of period 480,265,390 506,320,313 Semiconductor Manufacturing International Corporation CONSOLIDATED FINANCIAL RESTATEMENTS (In US dollars) March 31, 2008 March 31, 2008 Consolidated Balance Sheets (As Restated) (As Reported) Plant and equipment, net 3,030,342,825 3,136,116,825 Total assets 4,524,349,015 4,630,123,015 Accumulated deficit (533,133,172) (427,359,172) Total stockholders' equity 2,791,632,638 2,897,406,638 Total liabilities and stockholders' equity 4,524,349,015 4,630,123,015 Consolidated Statement of Operations Impairment loss of long-lived assets 105,774,000 -- Total operating expenses 170,150,650 64,376,650 Loss from operations (202,721,677) (96,947,677) Net loss before income tax, minority interest and loss from equity investment (206,317,505) (100,543,505) Net loss (224,854,535) (119,080,535) Net loss per share, basic (0.0121) (0.0064) Net loss per ADS, basic (0.6051) (0.3205) Net loss per share, diluted (0.0121) (0.0064) Net loss per ADS, diluted (0.6051) (0.3205) Consolidated Statement of Cash flows Net loss (224,854,535) (119,080,535) Loss on Impairment of long-lived assets 105,774,000 -- For more information, please contact: Theresa Teng Tel: +86-21-5080-2000 x16278 Email: Theresa_Teng@smics.com En-Ling Feng Tel: +86-21-5080-2000 x16275 Email: Enling_Feng@smics.com Anne Wong Chen Tel: +86-21-5080-2000 x12804 Email: Anne_CAYW@smics.com

Semiconductor Manufacturing International Corporation

CONTACT: Theresa Teng, +86-21-5080-2000 x16278, or
Theresa_Teng@smics.com; En-Ling Feng, +86-21-5080-2000 x16275, or
Enling_Feng@smics.com; Anne Wong Chen, +86-21-5080-2000 x12804, or
Anne_CAYW@smics.com, all of SMIC

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

Traffic Tips and Tools That Can Reduce Your Carbon FootprintTraffic.com Helps Gas Conscious Consumers with Simple Solutions

CHICAGO, July 28 /PRNewswire-FirstCall/ -- Traffic.com, a NAVTEQ brand and a leading source of traffic solutions for consumers, provides free real-time tools to help commuters plan carefully for the road ahead, cutting driving time and gas bills.

Traffic.com suggests the following gas-saving measures to help commuters conserve fuel and reduce their carbon footprint:

1. Check your tire pressure. Under-inflated tires reduce gas mileage by 3 percent*. 2. Lighten your load. Removing 100 lbs of unneeded weight improves mileage by 2 percent*. 3. Avoid sitting in traffic. Some newer models of navigation systems provide real-time traffic for the latest and most comprehensive traffic information available. 4. Update your GPS navigation maps. Taking the quickest route with the most up-to-date map information reduces time on the road. 5. Traffic.com goes with you for real-time traffic. Finding delays along your route will help you avoid gas-wasting, stop-and-go traffic anywhere or anytime: -- Visit http://www.traffic.com/, a Check Your Drive Time calculator for fastest drive times from point A to point B. -- Call 1-866-MY-TRAFC (1-866-698-7232), a free automated voice hotline for speed dial access to roadway updates. -- Connect to http://mobi.traffic.com/, a free wireless Web site for mobile traffic hotspot reports. -- Text your CITY CODE (NY, CHIC, PHL, LA, etc.) to TRAFC (87232) to get instant traffic updates to the worst city area delays. -- Download Traffic.com2GOTM http://www.traffic.com/2GO to bring accurate, real-time traffic reporting to your cell phone.

You can save gas by driving on highways instead of local streets, even if it is farther.

According to the US EPA, the average difference between highway and city gas mileage is about 30 percent. Thus, 100 miles of steadily moving highway traffic should burn the same amount of gas as 70 miles of stop-and-go, city- type driving in the average car**.

Your fastest drive may also be your cheapest.

At Traffic.com, you can enter a starting and ending address in the Check Your Drive Time calculator to compare the direct drive with the fastest drive taking into consideration current traffic conditions.

Your most efficient journey begins with a GPS navigation system tune up.

Update your GPS navigation system maps coupled with real-time traffic information to attain optimal navigation system directions. Map updates for both in-vehicle and portable navigation devices are available at NAVTEQ's navigation.com website, while Traffic.com offers the latest Traffic information.

"Whether you're planning a long summer road trip or heading somewhere new locally, make sure your route is accurate and efficient," says Barry Glick, vice president, NAVTEQ. "With the rising costs of fuel, now is the perfect time for drivers to avoid traffic jams, find their fastest drive and purchase the latest map update for their navigation systems."

* SOURCE: United States Department of Energy ** SOURCE: United States Environmental Protection Agency About NAVTEQ

NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has more than 3,600 employees located in 184 offices and in 39 countries.

NAVTEQ and Traffic.com are trademarks in the U.S. and other countries. All rights reserved.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGO)

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060313/NAVTEQLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com NAVTEQ

CONTACT: Jennifer Schuh of NAVTEQ, +1-312-894-3913,
jennifer.schuh@navteq.com; or Bob Richter, +1-212-802-8588,
bob@richtermedia.com, for NAVTEQ

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

Web Cast of Irvine Sensors Company Presentation at 2008 Annual Stockholders Meeting to Start at Approximately 1:30 pm Pacific Time, July 30

COSTA MESA, Calif., July 28 /PRNewswire-FirstCall/ -- Irvine Sensors Corporation issued a reminder today that the web cast of the Company's management presentation at its Annual Stockholders Meeting on Wednesday, July 30, 2008 is expected to begin at approximately 1:30 pm Pacific Time on that date, as has been previously posted on its web site. The management presentation conference call will follow the business portion of the Annual Meeting and will be broadcast live over the Internet. The web cast call can be accessed by all interested parties via a link on Irvine Sensors' homepage at http://www.irvine-sensors.com/. Listeners to the web cast should allow at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to monitor the live broadcast, a replay will be available shortly after the conclusion of the call, and remain archived on the Irvine Sensors web site through August 1, 2008.

Stockholders who are unable to attend the Annual Meeting may e-mail questions to Investor Relations at investorrelations@irvine-sensors.com for consideration in the Q&A session that will follow the management presentation. Questions will be addressed as time permits.

Irvine Sensors Corporation (http://www.irvine-sensors.com/), headquartered in Costa Mesa, California, is a vision systems company engaged in the development and sale of miniaturized infrared and electro-optical cameras, image processors and stacked chip assemblies, the manufacture and sale of optical systems and equipment for military applications through its Optex subsidiary and research and development related to high density electronics, miniaturized sensors, optical interconnection technology, high speed network security, image processing and low-power analog and mixed-signal integrated circuits for diverse systems applications.

Irvine Sensors Corporation

CONTACT: Investor Relations of Irvine Sensors Corporation,
+1-714-444-8718, investorrelations@irvine-sensors.com

Web site: http://www.irvine-sensors.com/

Energizer Holdings, Inc. Files Patent Infringement Complaint in Federal Court Against Spectrum Brands

ST. LOUIS, July 28 /PRNewswire-FirstCall/ -- Energizer Holdings, Inc., , and the Eveready Battery Company, Inc. have filed a Complaint with the United States District Court Western District of Wisconsin. The Complaint is against Spectrum Brands and alleges patent infringement of patents owned by Energizer.

Energizer believes that Spectrum Brands infringe Energizer's US Patents 5,290,414 and 6,849,360 by importing and selling primary lithium batteries in the United States. The alleged infringing products are manufactured and imported from China and bear the Rayovac Lithium brand. They have recently been made available for sale by Spectrum Brands at a major US retailer. In the Complaint, Energizer is seeking damages and has asked the Court for both a preliminary and permanent injunction against future infringing activity.

About Energizer:

Energizer Holdings, Inc. , http://www.energizer.com/, headquartered in St. Louis, Missouri, is one of the world's largest manufacturers of primary batteries, battery-powered devices and flashlights. Energizer, a global leader in the dynamic business of providing portable power geared toward the new digital age, offers a full portfolio of products including the Energizer(R) MAX(R) premium alkaline brand; Energizer(R) Ultimate Lithium and Energizer(R) Advanced Lithium performance brands; Nickel Metal Hydride (NiMH) Rechargeable batteries and chargers.

The Energizer product line also includes specialty batteries for hearing aids, health and fitness devices, as well as for keyless remote entry systems, watches and other uses. Through its flashlight and lighting products unit, Energizer brings consumer insight and innovation to these important household devices. Energizer also offers Energizer(R) Energi To Go(R), portable battery- driven power packs for cell phones and audio devices.

Energizer Holdings, Inc.

CONTACT: Jacqueline E. Burwitz, Vice President, Investor Relations of
Energizer Holdings, Inc., +1-314-985-2169

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

National Instruments Introduces 1 GHz Bandwidth PXI DigitizerNew Module Delivers Optimized Performance for High-Bandwidth Measurements in Automated Test Applications

AUSTIN, Texas, July 28 /PRNewswire-FirstCall/ -- National Instruments today announced a significant bandwidth increase in its digitizer offering with the introduction of the NI PXI-5154 digitizer/PC-based oscilloscope, expanding the family of more than 20 high-speed, high-resolution and high-channel-count products. The dual-channel, 1 GHz PXI-5154 digitizer offers up to a 2 GS/s real-time sample rate (20 GS/s equivalent-time sample rate for repetitive signals), making it ideal for acquisition and characterization of fast, nanosecond-edge speeds. Equipped with the deepest onboard memory in its class of up to 256 MB per channel, the digitizer also provides high sustained sample rates over extended data capture windows. The device is well-suited for automated test and data streaming applications in the consumer electronics, semiconductor, aerospace/defense and life sciences industries.

Using National Instruments patented T-Clock technology, engineers can integrate PXI digitizers with a variety of NI hardware -- including arbitrary waveform generators and digital waveform generators/analyzers -- to customize and build a complete, automated mixed-signal test system. Using T-Clock technology, engineers also can synchronize multiple PXI-5154 digitizers to build systems with up to 34 channels in a single PXI chassis, all simultaneously sampling at 1GS/s and synchronized to picosecond-level accuracy between modules. The digitizer's high bandwidth and tight multi-module synchronization are particularly beneficial for applications including mass spectrometry, radar, signal intelligence, non-destructive test and high-channel count physics experimentation.

Engineers can combine the new digitizer with NI LabVIEW Signal Express software to quickly acquire data, perform measurements, and view and analyze data in Microsoft Excel. Additionally, the PXI-5154 digitizer works with all National Instruments software including LabVIEW and LabWindows(TM)/CVI as well as other development environments such as ANSI C, Microsoft C++ and Visual Basic.

For more information on the new digitizer, readers can visit http://www.ni.com/digitizers.

About PXI and Modular Instruments

PCI eXtensions for Instrumentation (PXI) is an open specification governed by the PXI Systems Alliance (http://www.pxisa.org/) that defines a rugged, CompactPCI-based platform optimized for test, measurement and control. Created in 1997, the PXI specification is supported by more than 70 vendors offering more than 1,500 PXI products. With PXI modular instruments, engineers specify the essential functionality they require -- choosing from a wide variety of measurement, signal generation, RF, power and switch modules. Then, they configure the instruments in software for their specific measurement tasks. PXI and modular instruments provide high-speed test execution by harnessing the power of industry-standard PC and advanced timing and synchronization technologies. The product family includes:

-- Digitizers/oscilloscopes (up to 24 bits, up to 2 GS/s, up to eight channels) -- Signal generators (up to 16 bits, 200 MS/s) -- Digital waveform generator/analyzers (up to 400 Mb/s) -- RF signal generators and analyzers (up to 6.6 GHz) -- Digital multimeters (up to 71/2 digits, LCR) -- Source measure unit (four-quadrant source, 1 nA resolution) -- Programmable power supplies (up to 20 W, 16 bits) -- Dynamic signal analyzers (up to 24 bits, 500 kS/s) -- Switching (multiplexers, matrices, general-purpose and RF) About National Instruments

National Instruments (http://www.ni.com/) is transforming the way engineers and scientists design, prototype and deploy systems for measurement, automation and embedded applications. NI empowers customers with off-the-shelf software such as NI LabVIEW and modular cost-effective hardware, and sells to a broad base of more than 25,000 different companies worldwide, with no one customer representing more than 3 percent of revenue and no one industry representing more than 10 percent of revenue. Headquartered in Austin, Texas, NI has more than 4,800 employees and direct operations in nearly 40 countries. For the past nine years, FORTUNE magazine has named NI one of the 100 best companies to work for in America. Readers can obtain investment information from the company's investor relations department by calling (512) 683-5090, e-mailing nati@ni.com or visiting http://www.ni.com/nati.

Pricing and Contact Information NI PXI-5154 digitizer/oscilloscope 11500 N Mopac Expwy, Austin, Texas 78759-3504 Priced* from $8,999; euro 7,949; Tel: (800) 258-7022, 1,276,000 yen Fax: (512) 683-9300 Web: http://www.ni.com/digitizers E-mail: info@ni.com *All prices are subject to change without notice.

CVI, LabVIEW, National Instruments, NI, ni.com and SignalExpress are trademarks of National Instruments. The mark LabWindows is used under a license from Microsoft Corporation. Windows is a registered trademark of Microsoft Corporation in the United States and other countries. Other product and company names listed are trademarks or trade names of their respective companies.

Editor Contact: Julia Betts, (512) 683-8165

Reader Contact: Ernest Martinez, (800) 258-7022

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080723/LAW030LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com National Instruments

CONTACT: Editors, Julia Betts, +1-512-683-8165, or Readers, Ernest
Martinez, 1-800-258-7022, both of National Instruments

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

Military Health System Contract Awarded to General Dynamics

FAIRFAX, Va., July 28 /PRNewswire-FirstCall/ -- General Dynamics Information Technology, a business unit of General Dynamics , has been awarded a TRICARE Evaluation, Analysis and Management Support (TEAMS) contract by the U.S. Department of Defense. General Dynamics is one of 23 companies selected to provide TRICARE with program planning, execution and support for Department of Defense (DoD) healthcare programs. The 10-year indefinite delivery, indefinite quantity (IDIQ) contract has a $5 billion total potential value among all awardees if all options are exercised.

Under the contract, General Dynamics will provide planning and management services including requirements analysis, acquisition support, budget planning and management, business process engineering, technical management, program planning and execution support (all considered "Category 2" support) to the Military Health System.

"General Dynamics has a long-standing reputation of success supporting vital Department of Defense healthcare programs," said Zannie Smith, senior vice president and general manager of Army Solutions for General Dynamics Information Technology. "We are committed to helping our healthcare program customers improve their efficiency and patient care."

General Dynamics supports additional DoD and federal government information technology (IT) health programs including the U.S. Army's Medical Communications for Combat Casualty Care (MC4) program; the Defense Health Information Management System (DHIMS) previously known as the Theater Medical Information Program-Joint (TMIP-J); the Defense Blood Standard Support program; and the Defense Health Services Systems' Defense Medical Logistics Standard Support (DMLSS) program. General Dynamics also supports key healthcare IT areas at the Department of Veteran's Affairs and the U.S. Department of Health and Human Services.

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

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

General Dynamics Information Technology

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

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

UTC Fire & Security Marks Fifth Anniversary

FARMINGTON, Conn., July 28 /PRNewswire-FirstCall/ -- UTC Fire & Security, a fast growing global provider of fire and security products and services, celebrated its fifth anniversary this month. Since 2004, the company has doubled revenues, more than tripled profits and increased investment in research and development by nearly 50%. UTC Fire & Security is a unit of United Technologies Corp. .

"Through an unyielding focus on execution, tight management of costs and the implementation of UTC's operating disciplines, we are on track to continue delivering strong financial performance to shareholders and the best quality products and services to our worldwide customer base," said William Brown, president, UTC Fire & Security.

UTC Fire & Security first entered the fire and security industry in 2003 with the acquisition of the U.K. based Chubb plc. It was the first time United Technologies entered a new segment since 1979 when it acquired Carrier.

In 2005, the company acquired Kidde, a global leader in fire safety, and Lenel, a premier electronic security software provider. Other recent acquisitions included Initial Electronic Security Group's operations in the U.S., U.K., France and the Netherlands in July of 2007, further strengthening the company's electronic security footprint. In the same year, the company acquired Marioff, the world-leader in high pressure water mist technology -- an important environmentally friendly fire suppression solution.

"In five short years, we've grown to become the number two player worldwide in the fire safety and security industry," Brown added. "We expect to continue to improve our position in this attractive market, with a target of increasing revenues by 50% and doubling operating profit in the next five years."

Other growth plans for UTC Fire & Security include building its portfolio of strong brands through continued acquisitions, targeted expansion in emerging markets, and the introduction of innovative product and service offerings that provide total system solutions to its customers worldwide.

Headquartered in Connecticut, UTC Fire & Security is a business unit of United Technologies Corp., which provides high technology products and services to the building and aerospace industries worldwide. More information can be found at http://www.utcfireandsecurity.com/.

This release includes "forward looking statements" concerning anticipated growth, financial performance, acquisitions, product developments and other matters that are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements include changes in the health of the global economy and the strength of end market demand in the fire and security industry; as well as company specific items including the ability to achieve cost reductions at planned levels; and challenges in the design, development, production and support of advanced technologies, and new products. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's SEC filings as submitted from time to time, including but not limited to, the information included in UTC's 10-K and 10-Q Reports under the headings "Business," "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Cautionary Note Concerning Factors that May Affect Future Results," as well as the information included in UTC's Current Reports on Form 8-K.

UTC Fire & Security

CONTACT: Kimberly Reidy of UTC Fire & Security, +1-860-284-3094,
Kimberly.reidy@fs.utc.com

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

Tucows Announces Return of OpenSRS Where Friendly, Reliable Service Comes FirstUnsurpassed support and reseller satisfaction as top priority sets OpenSRS apart

TORONTO and CHICAGO, HostingCon 2008, July 28 /PRNewswire-FirstCall/ -- Tucows Inc., a leading provider of Internet services to web hosting companies and ISPs worldwide, announced today the return of the OpenSRS name for its wholesale reseller services group. Through its network of web hosting companies and Internet service providers, OpenSRS provides web and email addresses for millions of people worldwide.

In 1999, Tucows became the first domain name wholesaler to be accredited by ICANN and chose the name OpenSRS for its domain name service. Today, OpenSRS remains one of the world's largest wholesale domain registrars, and has expanded its offerings to include hosted email and SSL certificates. Resellers' sustained loyalty to OpenSRS was one reason behind the decision to re-launch the brand, and key to that loyalty is the company's reputation as the most reseller-friendly among Internet services wholesalers.

"At OpenSRS, we really believe in supporting our resellers because they've been incredibly supportive of us. That means not only making it easy to sell, provision and support the highest quality Internet services, but it also means being true to our word," said Ken Schafer, Vice President of Product Management and Marketing for Tucows. "We've made a commitment to being reseller friendly, so much so that we've included it in our new logo."

Over the past nine years, OpenSRS has grown steadily each year and today boasts over 9,000 active resellers on six continents. Those resellers, in turn, have the potential to reach millions of end users. OpenSRS resellers are fiercely loyal, 78% of the resellers who joined in 1999 are still using OpenSRS to sell services today.

OpenSRS is known for its work on registrant rights within the registrar community as well as making things simple and reliable for its resellers. It also differentiates itself through a deep commitment to its identity as a wholesale business. This runs in sharp contrast to competitors that frequently end up competing with their own resellers for customers.

"We're a true Internet services wholesaler. You won't find our name or logo anywhere on our end-user interfaces and we don't talk to our reseller's customers, ever," said Schafer. "We stand by our promises and commitments and we work to earn our reseller's loyalty."

As part of the re-launch of OpenSRS, the company has established new brand marks and a logo consistent with a 1950s-era service company, aimed at recalling a time when service mattered most. An iconic character has also been created to embody OpenSRS' core values - service, friendliness, willingness to help, community service and reliability.

To celebrate the re-launch of the OpenSRS brand and mark a return to the bygone days of service with a smile, OpenSRS will be serving up treats from an old-fashioned soda fountain and ice cream stand in booth #626 at HostingCon 2008, at Navy Pier in Chicago from today through Wednesday.

About OpenSRS

OpenSRS is a global provider of wholesale Internet services to web hosting companies and ISPs. Wholly owned by Tucows, Inc., OpenSRS provides wholesale services for hosted email, domain name registration, Personal Names, and SSL certificates. For more information, please visit http://opensrs.com/.

About Tucows

Tucows provides Internet services for web hosting companies and ISPs.Through our global network of over 9,000 service providers our OpenSRS group provides millions of email boxes and manages over eight million domains. Tucows is an accredited registrar with ICANN (the Internet Corporation for Assigned Names and Numbers). We hold a domain name portfolio of approximately 150,000 domain names that are available for sale, monetized through advertising and support our wholesale Personal Names Service. Our Retail division sells Tucows services to consumers and small business owners through Domain Direct, IYD (It's Your Domain) and NetIdentity. Tucows.com remains one of the most popular software download sites on the Internet. For more information please visit: http://tucowsinc.com/.

Tucows Inc.

CONTACT: Megan Grenter, LEWIS PR, megang@lewispr.com, (202) 349-3775;
Leona Hobbs, Tucows/OpenSRS, lhobbs@tucows.com, (416) 538-5450

Current State of the Economy Triggers CIOs to Reshape Their Strategies, InformationWeek Research Survey FindsIT Budgets are Feeling Pressure but Not All IT Projects are Being Put on Hold, InformationWeek Feature Story Uncovers What Some CIOs are Doing to Stay Competitive

SAN FRANCISCO, July 28 /PRNewswire/ -- InformationWeek, the leading multimedia business technology brand, released the results of a new research survey that delves into the state of the economy and how companies affected are dealing with budget cuts and uncertainty. The results are discussed in a feature story, "Stare Down The Bear", in the July 28, 2008 issue of InformationWeek Magazine. The story uncovers the strategies CIOs are taking to keep their business competitive and reveals what 612 business technology executive respondents think about the state of the economy, and its impact on their overall strategies.

The research confirms the current state of the economy is having an effect on business technology plans. However, amid the shaky economy and budget cuts, InformationWeek reports that not all IT projects are being cut and some companies are actually accelerating projects such as global operations, as mentioned by a high-level IT executive at a large financial services firm. The story features interviews with CIOs from various industries, such as Gary Scholten, CIO at Principal Financial and Mike Cuddy, CIO of Toromont Industries, to share how companies are dealing with budget cuts and economic uncertainty. Many companies that have started cutting are proactively preparing their "Plan B" - what projects can be put on hold or eliminated when and if the word comes down and what projects are a must have to stay competitive.

Most companies report that their IT spending plans have been affected negatively in some manner, whether it's cutting or simply not increasing the spending as much as they'd planned. And that negative effect has increased since March, when InformationWeek conducted a similar survey. To read the March 24, 2008 feature story in InformationWeek Magazine, please visit: http://www.informationweek.com/news/management/showArticle.jhtml?articleID=206 904984 (Due to length of URL, please copy and paste into browser)

Highlights from the survey include:

-- There is less optimism and more fear: 47% of respondents are cautiously optimistic about the economic climate, compared with 53% in March; 30% describe their mood as "fear and loathing," up from 24% four months ago. Over two-fifths (43%) of respondents think we're in a full-fledged recession -- up from 32% in March.

-- The last three months, April-June 2008, have been particularly difficult: 40% of respondents report having to cut IT spending in the last quarter relative to the original 2008 budget; for companies with over $500 million in revenue, it's 50%.

-- Overall, more companies report some kind of hit to their IT spending -- 65% compared with 57% in March. About one-third (32%) are being asked to cut a percentage of their IT budgets, up from 23% in March; almost a quarter (24%) is being asked to cut specific projects, compared with 20% a few months ago.

-- Two-thirds (67%) of respondents say their IT spending will be flat or down compared with 2007 -- that breaks down to 28% flat and 39% down. A third of respondents are still adding to their IT expenditures.

-- As it was in March, the most favored way to cut back is by not making new IT hires. But more companies are scaling back infrastructure upgrades today than in March -- 60%, up from 55%.

-- Of those cutting IT projects, most are protecting customer-focused initiatives -- just 23% are cutting "customer-facing" projects, compared with 45% who are cutting projects that are not "customer-facing"

To read the full InformationWeek feature story, "Stare Down The Bear", please visit: http://www.informationweek.com/news/management/roi/showArticle.jhtml?articleID =209600478 (Due to length of URL, please copy and paste into browser)

About InformationWeek Business Technology Network (http://www.informationweek.com/)

The InformationWeek Business Technology Network provides business technology executives with unique perspective, market leading research and innovative tools that work in lock step with their work flow -- from defining and framing business technology objectives through to the evaluation and recommendation of specific solutions. The InformationWeek Business Technology Network delivers the entire market, from SMBs with bMighty.com to large-scale global companies with InformationWeek. We scale across the most critical technology categories in the market -- security with DarkReading.com, storage with ByteandSwitch.com, application architecture with IntelligentEnterprise.com, network architecture with NetworkComputing.com and communications with NoJitter.com. Through its multi-media platform and unique content-in-context information distribution system, the InformationWeek Business Technology Network provides trusted information developed both by editors and real world CIO/IT professionals delivered how and when business technology executives want it, 24/7.

About TechWeb (http://www.techweb.com/aboutus)

TechWeb, the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events Interop, Web 2.0, Black Hat and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, Wall Street & Technology magazines. TechWeb also provides end-to-end services ranging from next-generation performance marketing, integrated media, research, and analyst services.

TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.

*13.3 million business decision-makers: based on # of monthly connections across TechWeb brands.

Contact: Ellen Asuncion Marketing Manager 949.223.3622 easuncion@techweb.com

InformationWeek and TechWeb

CONTACT: Ellen Asuncion, Marketing Manager of InformationWeek and
TechWeb, +1-949-223-3622, easuncion@techweb.com

Web site: http://www.informationweek.com/
http://www.techweb.com/aboutus
http://www.bmighty.com/
http://www.byteandswitch.com/
http://www.darkreading.com/
http://www.intelligententerprise.com/
http://www.nojitter.com/

Company News On-Call: http://www.prnewswire.com/comp/141742.html

TechInsights Announces Top 128 Designs Microchip PIC32 Design ChallengeInnovative, social-networking community for engineers worldwide generated nearly 400 designs; Total prize value of more than $200,000

SAN FRANCISCO, July 28 /PRNewswire-FirstCall/ -- TechInsights announced today the top 128 designs at the start of Phase II in the Microchip PIC32 Design Challenge (http://www.mypic32.com/), a year-long contest and community sponsored by Microchip Technology Inc. and Digi-Key Corporation as the exclusive distributor. Nearly 400 designs were submitted in this international competition.

The objective of the four-phase Design Challenge is to foster a social community where designers can build, test and display their designs through the use of blogs, videos and forums. The interactive community is made up of community members and contestants. Registered members of the community have the ability to rate and vote on each contestant's design according to the design value criteria, post blogs and participate in the member forums. Members can also post comments and suggestions in the contestant blogs and profiles to help them advance their designs. Each week, community members are eligible for prizes based on their participation and activity within the community.

The Top 128 contestants will be awarded a PIC32 prize package including a PIC32 Starter Kit, a PIC32 I/O Expansion Board, a Prototyping Board, webcam, plus a collection of Microchip analog and memory components. Several third parties will also reward top contestants with a non-commercial use object code license of SEGGER's embOS; a 90-day evaluation license of the C Compiler for PIC32 from HI-TECH Software for use in the MPLAB IDE; as well as a 40 percent discount on Newnes' Programming Microcontrollers in C: Exploring the PIC32 book.

Contestants of the Design Challenge will rely on Microchip's PIC32 Starter Kit, an easy to use, all-in-one, PIC32-based module ($49 value). A set of three industry expert judges, as well community members, will vote during the challenge to see who "survives" and wins prizes that help contestants continue their contest journey. The winning contestant will receive a home theater system valued at $8000 and a trip to ESC Silicon Valley 2009 (April 1, 2009; http://www.cmp-egevents.com/web/esv/home). The total value of prizes for members and contestants throughout the contest exceeds $200,000.

"I'm truly amazed at the quantity, quality, and diversity of the entries that have been submitted. The creativity of the contestants is clearly coming through. It also shows the diversity of applications that are possible using the PIC32 architecture," said Richard Nass, Editor in Chief of Embedded Systems Design and Challenge judge.

Terry West, PIC32 Marketing Manager at Microchip agrees. "With over 40,000 unique visitors to myPIC32.com, we are thrilled at the response that the PIC32 Design Challenge site has received since its launch. The design community has a tremendous opportunity to collaborate with some of the world's best engineers and push the limits of creativity and skill -- interactively, while developing in leading-edge 32-bit designs using Microchip's new PIC32 microcontroller."

"We are very excited for the opportunity to partner with Microchip and TechInsights as the exclusive distributor on the PIC32 Design Challenge," added Tony Harris, vice president of E-Commerce at Digi-Key. "As provider of the industry's preeminent Web site for design engineers, OEMs, and purchasers, Digi-Key adds a great outreach solution to the design contest. We look forward to driving traffic for our contest partners, and, as always, efficiently and expeditiously delivering product into the hands of the engineering community."

For contest rules and eligibility requirements, visit http://www.mypic32.com/. About TechInsights

TechInsights is the daily source of essential business and technical information for the electronics industry's decision makers -- the Creators of Technology -- that define, develop, and bring to market the electronic products that improve our lives. With global market leading brands such as EE Times, Semiconductor Insights, TechOnline, Embedded Systems Conferences and Portelligent, TechInsights is the leading dedicated information and services business serving the global electronics market. For more information, please visit http://www.techinsights.com/. TechInsights is a division of United Business Media (http://www.unitedbusinessmedia.com/), a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.

About Microchip Technology

Microchip Technology Inc. is a leading provider of microcontroller and analog semiconductors, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at http://www.microchip.com/.

About Digi-Key Corporation

One of the world's fastest growing distributors of electronic components, Digi-Key has earned its reputation as an industry leader through its total commitment to service and performance. As a full-service provider of both prototype/design and production quantities of electronic components, Digi-Key has been ranked #1 for Overall Performance for 16 consecutive years from among the nation's more than 200 distributors (EE Times Distribution Study/ May 2007). Offering more than a million products from over 400 quality name-brand manufacturers Digi-Key's commitment to inventory is unparalleled. Access to the company's broad product offering is available 24/7 at Digi-Key's top-rated website, http://www.digikey.com/.

Contact Alix Raine United Business Media LLC 516 562 7827 araine@ubm-us.com

TechInsights

CONTACT: Alix Raine, United Business Media LLC, +1-516-562-7827,
araine@ubm-us.com

Web site: http://www.techinsights.com/
http://www.unitedbusinessmedia.com/
http://www.microchip.com/
http://www.digikey.com/
http://www.mypic32.com/
http://www.cmp-egevents.com/web/esv/home

LoJack Corp. Announces Second Quarter 2008 Results Webcast

WESTWOOD, Mass., July 28 /PRNewswire-FirstCall/ -- LoJack Corporation announces the following webcast for its second quarter 2008 results on Wednesday, August 6:

What: LoJack Corp. to report second quarter 2008 results When: Wednesday, August 6 -- 09:00AM EDT

How: To listen to the live webcast, visit http://www.videonewswire.com/event.asp?id=50450 .

You may also participate in the live conference call by dialing +1-800-894-5910 and using LOJACK as the conference ID.

If you are unable to participate during the live webcast, the call will be archived at http://www.lojack.com/about/pages/about-ir.aspx .

CONTACT: Paul McMahon of LoJack, +1-781-251-4130, pmcmahon@lojack.com About LoJack Corporation

LoJack Corporation, the company that invented the stolen vehicle recovery market more than two decades ago, is the global leader in recovering valuable mobile assets. The company's time-tested system is optimized for recovering stolen mobile assets through its proven Radio Frequency technology and unique integration with law enforcement agencies in the United States that use LoJack's in-vehicle tracking equipment to recover cars, trucks, commercial vehicles, construction equipment and motorcycles. The company's Stolen Vehicle Recovery System delivers a 90 percent success rate for cars and trucks and has helped recover more than $4 billion in stolen LoJack-equipped assets worldwide. Today, LoJack operates in 26 states and the District of Columbia, and in more than 30 countries throughout North America, South America, Europe, Africa and Asia.

Video: http://www.videonewswire.com/event.asp?id=50450 LoJack Corporation

CONTACT: Paul McMahon of LoJack, +1-781-251-4130, pmcmahon@lojack.com

Web site: http://www.lojack.com/
http://www.lojack.com/about/pages/about-ir.aspx

FairPoint Selects Cisco to Support Northern New England Broadband Initiative

CHARLOTTE, N.C., July 28 /PRNewswire-FirstCall/ -- FairPoint Communications, a leading provider of communication services to communities across the country, today announced it has selected Cisco as one of the primary solution providers for the company's proposed New England Internet Protocol (IP) and Multi-Protocol Label Switching (MPLS) broadband initiative. The implementation of the IP/MPLS network is a major step in the commitment FairPoint has made to increase broadband availability in the region.

FairPoint and Cisco see the emergence of a global digital networked economy with IP Next Generation Network (IP NGN)-based intelligent information networks that remove the barriers of time, place and media to allow the seamless interaction of people, processes and technology. With this collaboration, FairPoint will have enhanced solutions to meet the needs of customers and their applications. FairPoint will also be able to help companies remake their business models by delivering end-to-end IP-based solutions that can adapt rapidly to support continual business change.

"FairPoint will provide Maine, New Hampshire and Vermont with a state-of-the-art IP-based communications network needed to compete in the new economy," said Peter Nixon, president of FairPoint. "Cisco's selection demonstrates our commitment to deploying one of the best technologies available to help stimulate economic growth throughout the region."

"FairPoint Communications' IP NGN network, enabled by Cisco, allows businesses and consumers of northern New England to compete more effectively in the new global digital networked economy, which is vital to the continued economic development of the region," said Kelly Ahuja, vice president and general manager, service provider routing technology group of Cisco. "As a global leader in providing IP-based networking products and services, Cisco has described ways in which IP networking products and services can enable FairPoint to achieve its business and financial goals."

FairPoint has selected the Cisco Carrier Routing System (CRS-1) as the core platform of its IP/MPLS infrastructure, the Cisco 7600 Series Routers for the IP/MPLS edge and the Cisco 10000 Series Edge Services Router (ESR) for aggregation and termination. The Cisco CRS-1 is designed to help enable continuous system operation, service flexibility and system longevity. The Cisco CRS-1 marks a new era in carrier IP communications by powering the foundation for IP networks today while protecting investments for decades to come.

About Multi-Protocol Label Switching

MPLS provides increased control, enhanced reliability, and multiservice VPN services for IP networks to better support voice, video, and data traffic for business and consumer customers. FairPoint's MPLS network design will increase availability of high-bandwidth services across the three states, including many underserved areas with quality-of-service assurances that help enable services over a common IP connection to the network. The 100-percent fiber optic MPLS network will be designed with diverse routes for more reliable network access and uptime.

FairPoint's MPLS platform will create the foundation for a large number of highly reliable and efficient business class services, including Ethernet WAN and IP-based applications such as Layer 2 and Layer 3 VPN, VPLS, E-LAN and E-LINE Services as well as set the groundwork for IPTV. This advanced network will also support existing services such as Frame-Relay, Point-to-Point Protocol (PPP) and Circuit Emulation Services for Backhaul in DS1 to DS3 (clear channel or channelized) circuits.

About FairPoint

FairPoint Communications, Inc. is an industry leading provider of communications services to communities across the country. Today, FairPoint owns and operates 32 local exchange companies in 18 states offering advanced communications with a personal touch including local and long distance voice, data, Internet, television and broadband services. FairPoint is traded on the New York Stock Exchange under the symbol FRP. Learn more at http://www.fairpoint.com/ .

This press release may contain forward-looking statements by FairPoint that are not based on historical fact, including, without limitation, statements containing the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions and statements. Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied by these forward-looking statements. Such factors include those risks described from time to time in FairPoint's filings with the Securities and Exchange Commission ("SEC"), including, without limitation, the risks described in FairPoint's most recent Quarterly Report on Form 10-Q on file with the SEC. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and FairPoint undertakes no duty to update this information.

Investor Contact: Brett Ellis (866) 377-3747 bellis@fairpoint.com Media Contact: Jeff Nevins (207) 648-3088 jnevins@fairpoint.com

FairPoint Communications, Inc.

CONTACT: Investors, Brett Ellis, +1-866-377-3747, bellis@fairpoint.com,
or Media, Jeff Nevins, +1-207-648-3088, jnevins@fairpoint.com, both of
FairPoint Communications

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

Harris Corporation Supporting International Broadcasters During 2008 Beijing Summer GamesBeijing Broadcast Warehouse and Research and Services Facilities to Provide Real-Time Support

BEIJING, July 28 /PRNewswire-FirstCall/ -- Harris Corporation , an international communications and information technology company, is supplying a wide range of high-definition and standard-definition (HD/SD) broadcast equipment to support some of the world's leading broadcasters during their live coverage of the upcoming 2008 Beijing Summer Games in Beijing, China. Harris also has implemented a comprehensive plan to provide its international customers with full local support before and during the games.

"Harris is supporting the Beijing Summer Games by providing broadcasters with a wide range of equipment and support - from large systems sales, equipment rentals, and tailored service packages, to onsite setup assistance at the International Broadcast Center and local service throughout the event," said Tim Thorsteinson, president of Harris Broadcast Communications. "Our Beijing warehouse is fully stocked to avoid time-consuming customs checks and ensure replacement parts get into the hands of our customers as quickly as possible. In addition, more than 40 Harris staff members at our Beijing Research and Service facilities stand ready to handle any support customers may require during this significant event."

From signal processing, routing and multiviewers to servers, graphics and HD conversion equipment, Harris solutions will help the following broadcasters provide millions of viewers with coverage of the 2008 Beijing Summer Games:

-- Japan Consortium - an association representing Japanese broadcasters for broadcast coverage of the 2008 Beijing Games, has selected a variety of Harris video processing and distribution products, including Integrator(R) and Panacea(TM) routers, 6800+(TM) HD conversion equipment, frame synchronizers, distribution amplifiers (including 3 Gb/s), multiplexers and demultiplexers. These products will be used through a rental agreement with Panasonic.

-- China Central Television (CCTV) - China's premiere national broadcaster, purchased a range of Harris video processing and distribution products, multiviewers and test and measurement solutions, which will be used in CCTV's master control facility during the Beijing Games.

-- Gearhouse Broadcast - a leading international broadcast services company, purchased an array of 6800+ HD core processing products, as well as a range of multiviewers, including the award-winning Zandar(TM) Predator II(TM) multiviewer and the Zandar QS100HD Quad(TM) "multiviewer in a card."

-- Alfacam - a Belgium-based company that provides TV facilities and services to broadcasters and production houses, is sending 18 TV trucks to Beijing, each of which has between 14 and 28 Zandar Predator HD8 multiviewers onboard driving HD production and mixing monitoring.

-- CBC - Canada's national public broadcaster, will use two Inscriber(R) G7(TM) HD/SD broadcast graphics systems, which deliver 2D and 3D real-time graphics flawlessly over two channels, during its coverage of the games.

"We were looking for a powerful but simple-to-use graphics system to perform real-time 3D rendering during our coverage of the Beijing Games, and the Inscriber G7(TM) met all our requirements," said Joe Sidoli, director of operations, CBC Network Sports. "The G7(TM) offers seamless integration with popular 3D software on the market, as well as easy-to-use, interactive templates that enable our staff to create template-based text and graphics right from their desktops. We were also impressed with Inscriber Network Manager, which gives our operators complete control over where resources are stored and how they're distributed - enabling better content management and an overall streamlined workflow."

Harris Broadcast Communications offers products, systems and services that provide interoperable workflow solutions that span the entire media delivery chain. The Harris ONE(TM) approach brings together highly integrated and cost-effective products that are ideal for emerging media business models and for customers upgrading media operations to digital and high-definition services.

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/ .

Harris Corporation

CONTACT: Robin Hoffman of Pipeline Communications, +1-973-746-6970,
robinhoffman@pipecomm.com, for Harris Corporation

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

Adtegrity.com Reports Best-Ever Revenue, Improved Net Income for Second Quarter

GRAND RAPIDS, Mich., July 28 /PRNewswire-FirstCall/ -- Adtegrity.com (Pink Sheets: ADTY), a Grand Rapids, Mich.-based company specializing in Internet advertising networks and services, today reported record revenues and improved net income for the second quarter ended June 30, 2008.

The Company's unaudited results included net income of $101,000 for the first quarter on net revenues of $4.5 million, compared with net income of $9,339 on net revenues of $2.3 million for the same quarter last year.

For the first half of 2008, Adtegrity.com has posted net income of $135,000 on net revenues of $8.9 million, compared with net income of $156,000 on net revenues of $5.3 million for the first half of 2007.

"We are very pleased with our results for the second quarter and first half of the year - our fourth consecutive quarter of record revenue," said Adtegrity.com president and CEO Scott Brew. "Staffing additions and other infrastructure investments have helped us continue to take advantage of the opportunities we see in the marketplace. While we expect some seasonal softness in the third quarter, we remain optimistic about the remainder of 2008 as a whole."

Adtegrity reported serving nearly 30 billion ad impressions during the period, a 50% increase from the second quarter of 2007. More than 135 million customers were delivered to client web sites, generating nearly 1.4 million new customers for Adtegrity.com advertisers.

Adtegrity.com's primary business is the delivery of interactive advertising and marketing services. Since its founding in 1999, the Company has established itself as a results-driven, customer-focused firm consistently ranking among the top 10 online advertising networks in the world. Adtegrity currently serves thousands of website clients and delivers billions of advertising impressions each month to tens of millions of unique users. For more information, visit http://www.adtegrity.com/.

Forward-Looking Statements: This news release may include certain forward- looking statements including, but not limited to, projections of revenue, income or loss and capital expenditures, statements regarding future operations, financing needs, plans relating to products or services of the Company, assessments of materiality, predictions of future events and the effects of pending and possible litigation, as well as assumptions relating to the foregoing. In addition, when used in this discussion, the words "anticipates," "believes," "estimates," "expects," "intends," "plans," "should," and variations thereof and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors, including but not limited to the Company's ability to manage rapid growth as a result of internal expansion and strategic acquisitions, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, the regulatory environment, fluctuations in operating results and other risks.

Adtegrity.com

CONTACT: Don Hunt of Lambert, Edwards & Associates, Inc.,
+1-616-233-0500, mail@lambert-edwards.com; or Scott Brew of Adtegrity.com,
+1-616-285-5429

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

Augsburger Aktienbank Selects KORDOBA CORE24 and Global Securities Solution

MUNICH, Germany, July 28 /PRNewswire-FirstCall/ -- KORDOBA GmbH, a division of Fidelity National Information Services, Inc. (FIS), a worldwide leader in processing and technology solutions for financial institutions, announced today that Augsburger Aktienbank AG has signed a long-term outsourcing agreement based on KORDOBA's market-leading core banking and global securities applications, K-CORE24 and K-Global Securities.

One of the oldest direct banks in Germany, Augsburger Aktienbank has become one of the most important financial execution partners in Germany, offering customers a diversified portfolio of financial investments including traditional banking products, funds and securities. In addition to traditional banking, they administer a multibillion Euro portfolio on behalf of investment trusts, asset managers, sales organizations and real estate pools. Augsburger Aktienbank is a wholly-owned subsidiary of LVM Group.

"After a thorough technical and business evaluation of the core banking and securities software in the market, we selected the KORDOBA solution," said Joachim Maas, member of the board, Augsburger Aktienbank. "The decisive factor was the competitiveness of the KORDOBA solution and its fit with our specific requirements. KORDOBA's future-oriented IT infrastructure facilitates process optimization while helping us accomplish innovative business initiatives."

"We are extremely pleased to welcome Augsburger Aktienbank as the newest KORDOBA and FIS customer," said Barry Dark, managing director of KORDOBA. "The bank's rigorous business and technical requirements were a good fit with our architecture, software products and outsourcing delivery solution. We look forward to working with them in the coming years as they innovate and grow their business."

K-CORE24 is a market-leading, comprehensive banking software solution for the European financial services market. With its modular structure, flexible parameter-driven approach and extensive functionality, K-CORE24 meets the increasing functional and technical demands of a core banking system. In addition to K-CORE24, the outsourcing agreement also includes the installation and operation of KORDOBA Global Securities (K-GS). K-GS is a market-leading, platform-independent securities system built to address the most functionally demanding direct, private and regional banks in Europe. The securities system provides all the interfaces that banks need for their securities processes, from customer links via the Internet and customer consulting at the branch to order management and back-office transactions. KORDOBA offers K-CORE24 and K-GS in either a licensed or outsourcing model.

About Augsburger Aktienbank AG

For more than 40 years, Augsburger Aktienbank AG has been a constant in the German financial industry. Augsburger Aktienbank ranks among the most important partners for asset managers and financial service providers. Its traditional retail business and the long-term experience in cooperating with different distributors are the core strengths of the bank. Since 2002, Augsburger Aktienbank has been a wholly-owned subsidiary of the LVM Group. For more information on Augsburger Aktienbank, please visit http://www.aab.de/.

About KORDOBA and Fidelity National Information Services

Fidelity National Information Services, Inc. , a Fortune 500 company, is a leading provider of core processing for financial institutions; card issuer and transaction processing services; and outsourcing services to financial institutions and retailers. FIS has processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor's (S&P) 500(R) Index and has been ranked the number one overall financial technology provider in the world by American Banker and the research firm Financial Insights in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 13,000 financial institutions in more than 80 countries worldwide. For more information on Fidelity National Information Services, please visit http://www.fidelityinfoservices.com/.

KORDOBA, a division of FIS, is a leading provider of technology-based solutions for the European banking market. The company provides numerous software applications designed to address a wide range of banking functions, including core banking, multichannel solutions for sales banking, securities processing, self-service device management, and controlling and reporting. These solutions are offered through a licensed or outsourced model and are used by many leading banks in central Europe. For more information about KORDOBA, please visit http://www.kordoba.com/.

Forward Looking Statements

This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the "Statement Regarding Forward-Looking Information," "Risk Factors" and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission.

Fidelity National Information Services, Inc.

CONTACT: Mary Waggoner, Senior Vice President, Investor Relations,
Fidelity National Information Services, +1-904-854-3282,
mary.waggoner@fnis.com

Web site: http://www.fidelityinfoservices.com/
http://www.aab.de/
http://www.kordoba.com/

Applicure Unveils dotDefender 3.8; Release Bolsters Growing Worldwide Presence in Web Hosting Marketplace

HERZELIYA, Israel, July 28 /PRNewswire-FirstCall/ -- Applicure, a global leader in web application security, today released version 3.8 of dotDefender, the world's most advanced web application firewall software solution.

With sophisticated mass SQL injection attacks infecting thousands of websites every day, new tools and techniques are required to protect company websites and the corporate information that drives them.

With dotDefender v3.8, Applicure will empower its growing global customer base by providing them with effective web application protection. This new version offers high-quality application layer protection, with minimal maintenance efforts and low server resource utilization, all affordably packaged for the hosting marketplace.

Vlad Friedman, CEO of Edge Web Hosting, said "Edgewebhosting customers demand mission-critical performance from our recommended solutions. Applicure understands that performance, reliability, and scalability are issues where there can be no compromise. Applicure is delivering a next-generation, enterprise-ready application firewall solution, further allowing our company and our customers to derive business value and extend their ability to comply with payment card industry requirements.

Edgewebhosting's decision to endorse Applicure further demonstrates our commitment to provide our customers with a dedicated application security product that complements our existing network security. Edgewebhosting is pleased to partner with Applicure in bringing dotDefender 3.8 to our customers."

With dotDefender v3.8 hosting providers will have the most effective answer to hacking attempts, with advanced monitoring and management capabilities and simplified attack prevention analysis.

"The next due date for PCI compliance will be in January 2009 and we see a growing demand for application security solutions, especially from mid size e-commerce companies who usually do not host their own servers," said Yaacov Sherban, CEO of Applicure. "dotDefender 3.8 provides granular security capabilities for servers with hundreds of hosted sites, and monitoring capabilities for hundreds of dedicated servers, from one single management console. These enhancements will enable our hosting partners to provide their clients the best application security solution as part of their managed services."

Starting today, new users will get immediate access to the new version at http://www.applicure.com/ for a 30 day free full-function evaluation. Current users will be able to upgrade to dotDefender v3.8 free of charge.

About Applicure

Applicure Technologies Ltd develops the leading multi-platform web application security software products that protect web servers and internal applications from external and internal attacks. Built upon years of research into hacker behavior, Applicure solutions feature a comprehensive knowledge base to identify attacks accurately, and stop them before they reach the website or application. Applicure's flagship products dotDefender and dotDefender Monitor are deployed internationally and serviced by offices and distributors in the US, UK and Israel. Founded in 2004, and listed on the Tel Aviv stock exchange in April 2007, Applicure is headquartered in Herzeliya, Israel.

For more information, please visit http://www.applicure.com/ Media Contact: Limor Alterman MarCom Manager Applicure Technologies limor.alterman@applicure.com Tel: +972-9-9579098 http://www.applicure.com/

Applicure Technologies Ltd

CONTACT: Media Contact: Limor Alterman, MarCom Manager, Applicure
Technologies, limor.alterman@applicure.com, Tel: +972-9-9579098

Energy Supplier EWE AG Turns to Open Text for Contract Management SolutionLarge German Energy Firm Finds that Open Text Solution Lowers Risk, Speeds Operations, Increases Transparency

CHICAGO, July 28 /PRNewswire-FirstCall/ -- Open Text(TM) Corporation , a global leader in enterprise content management (ECM), announced today that one of Germany's largest energy suppliers, EWE AG, has selected Livelink ECM - Contract Management as the basis for a company-wide contract management solution. EWE is one of the largest energy suppliers in Germany, with annual revenue of EUR 4.7 billion and more than 4,700 employees.

EWE's Central Contract Management program, based on the Open Text software, was rolled out across the company earlier this year. The solution has helped EWE mitigate risk, quickly access strategic contract files, research contract information and improve transparency. The system contains more than 2,700 contract files that include finalized contract documents as well as all supporting content. The solution was implemented with Open Text partner BTC AG, of Oldenburg, Germany.

"Through our Open Text-based electronic contract management system, information can be analyzed prior to contract negotiations, making it easy for anyone to understand how contracts are developed," said Stefan Hitz, Manager of Documentation Systems at EWE. "Contract management is an interdisciplinary process. The added-value potential of consistently using all the information contained in contracts company-wide is enormous. With a contract management solution, process mapping and support is now simple and systematic."

Among the key factors in EWE's decision to select Livelink ECM - Contract Management for this project included comprehensive functionality that aligned with EWE requirements and tight integration with other key corporate applications, including Microsoft Office and SAP.

At EWE, contract files are essential for not only new contract negotiations, but also to ensure that performance criteria are being met. Using the Open Text solution, deadlines defined in contracts with important suppliers, for example, are automatically monitored while the transparency and visibility into key contracts is enhanced despite decentralized processing. EWE anticipates the solution will reduce the risk of loss, allow the company to better leverage contract conditions, and provide other cost benefits.

Rental, leasing, service and supplier contracts from across the company are now being housed in the Open Text solution together with related meta information, such as liability regulations, warranty expiration dates and search criteria. Using single sign-on, users from all departments can access this content through an employee portal and a browser. Thanks to the Open Text solution's ability to integrate with desktop applications, e-mail, Microsoft Word and Excel documents as well as PDF files can be easily copied into contract folders using drag-and-drop. Stored workflows with authorization processes and deadline tracking enable simple and interdisciplinary cooperation across EWE and its subsidiaries.

To date, more than 500 users from four organizational units have been working with the Open Text solution. Currently, the archive solution from Open Text is connected to the Central Contract Management solution. This ensures that the full contract life cycle is being addressed, including long-term archiving and document destruction. In a later expansion phase, the foundation for a company-wide ECM platform will be created by connecting the contract management solution to EWE's SAP system and by more tightly integrating with desktop applications such as Microsoft Outlook in the front end.

Livelink ECM - Contract Management offers organizations a comprehensive solution to automate and manage contract processes from creation of individual clauses to secure collaboration during the negotiation process; proactive alerts for contracts that require review and tracking of clauses, renewal dates and terms; and retention, archival and disposition of contracts to satisfy compliance, legal and business policy requirements. The solution also integrates with a variety of enterprise systems so that contract content can be made available in other environments. To learn more about Livelink ECM - Contract Management, visit: http://www.opentext.com/2/sol-products/sol-pro-docmgmt-collaboration/pro-ll-contract- lifecycle-mgmt-dmc.htm.

About Open Text

Open Text, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 46,000 customers and millions of users in 114 countries. Working with our customers and partners, we bring together leading Content Experts(TM) to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit http://www.opentext.com/.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

This news release may contain forward-looking statements relating to the success of any of the Company's strategic initiatives, the Company's growth and profitability prospects, the benefits of the Company's products to be realized by customers, the Company's position in the market and future opportunities therein, the deployment of Livelink and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers, demand for the Company's products and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K for the year ended June 30, 2007. You should not place undue reliance upon any such forward-looking statements, which are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change.

Copyright (C) 2008 by Open Text Corporation. LIVELINK ECM and OPEN TEXT are trademarks or registered trademarks of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.

Open Text Corporation

CONTACT: Richard Maganini, Open Text Corporation, (847) 267-9330
ext.4266, rmaganin@opentext.com; Stephanie Dodge Fazio, Open Text Corporation,
(519) 888-7111 x2429, sdodge@opentext.com; Brian Edwards, McKenzie Worldwide,
(503) 577-4583, briane@mckenzieworldwide.com

SprayCool Awarded Another Military Contract for Unmanned Aircraft SIGINT ApplicationSprayCool(R) Technology Cited as Key to Installing Sensor Electronics in MQ-1 Predator Aircraft

LIBERTY LAKE, Wash., July 28 /PRNewswire/ -- SprayCool, a recognized leader in the development of advanced thermal management and environmental isolation products for military, aerospace and industrial applications, announced today the award of a contract from Northrop Grumman Corporation's ISR Systems Division under which the company will provide its liquid-cooled enclosures for the U.S. Air Force Airborne Signals Intelligence Payload 1C (ASIP-1C) program. The SprayCool enclosures will house signals intelligence electronics for the Air Force's SIGINT-equipped MQ-1B Predator Unmanned Aircraft System (UAS), in support of Predator's tactical warfighting role, sometimes described as a hunter/killer/scout mission.

Under this contract, the SprayCool Multi-Platform Enclosure (MPE) was selected by Northrop Grumman as a critical component in the ASIP-1C sensor payload for SIGINT-equipped Predator aircraft. Additionally, SprayCool selection allowed Northrop Grumman and the Air Force to leverage their previous investment, by enabling them to use the same electronics as on the baseline ASIP program on other platforms. (See release by Northrop Grumman issued on 22 April 2008).

Product

The MPE provides complete environmental isolation for the system, and is also unique in its ability to manage operating temperatures for the computing electronics in extreme environmental conditions.

Similar to the variant SprayCool ASIP enclosure flying aboard the U-2 and Global Hawk platforms, SprayCool's MPE chassis enables optimum electronics performance and increased reliability for the SIGINT application. The scalable SprayCool enclosure, which is being adopted in a variety of military manned and unmanned airborne applications, will be deployed on Predator using a 9- slot configuration.

"This award is a direct result of the performance of our SprayCool enclosures onboard the U-2 and Global Hawk aircraft. The selection of SprayCool for the Predator UAS further validates the effectiveness of our solutions, and positions us for similar applications for upcoming DOD airborne ISR programs where existing and new electronics components can be packaged together and deployed more quickly," said Matt Gerber, SprayCool's President and Chief Executive Officer.

SprayCool Technology

SprayCool's patented two-phase liquid cooling technology (see video) uses a fine mist of non-corrosive, non-conductive liquid, sprayed in a thin layer, which evaporates and cools electronics. The process continuously cycles within a sealed, closed loop system. In doing so, SprayCool products isolate the electronics from dirty, corrosive environments found in military and industrial applications resulting in cooler, higher performance, and more durable electronic devices. The technology provides an efficiently controlled and isolated environment for a broad mix of electronics in a package that is significantly smaller, lighter, and more power and cost efficient, and faster to deploy by the integrator.

The SprayCool MPE enclosures will be delivered to Northrop Grumman in 2008.

About SprayCool

SprayCool (also known as Isothermal Systems Research) is a global leader in the development of next-generation electronics thermal management and environmental isolation enclosure products for DOD and industrial computing applications, using its patented two-phase cooling technology. SprayCool solutions are sourced by a variety of today's leading prime and system integrators to support some of the most demanding application environments. Founded in 1988, SprayCool is a privately held corporation headquartered in Liberty Lake, WA. For more information, please visit http://www.spraycool.com/

SprayCool

CONTACT: Marie Hartis, Director of Communications of SprayCool,
+1-509-241-4518, mhartis@spraycool.com

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

Bell streamlines management structure to improve competitiveness

MONTREAL, Quebec, July 28 /PRNewswire-FirstCall/ -- BCE Inc. (TSX, NYSE: BCE) today announced it will reduce the size of the Bell management team as part of an organizational realignment focused on achieving a competitive cost structure.

The number of management departures at Bell will total approximately 2,500, representing approximately 6% of the total Bell workforce or about 15% of management. These changes include the 30% reduction in executive positions announced on July 11. Combined with other reductions undertaken earlier this year, the changes announced today are expected to provide annualized savings of approximately $300 million.

Non-management front-line service positions are not affected under this organizational realignment. Bell has been adding to its customer-facing service force since earlier this year, in line with the company's commitment to improve customer service at every level.

"It is always difficult to see colleagues depart, but these changes are absolutely necessary. We are moving forward with a streamlined management structure that brings everyone at Bell closer to the customer and allows us to compete more effectively," said George Cope, President and CEO of BCE and Bell Canada. "This new structure positions us as a far more efficient and cost-effective operator in the intensely competitive Canadian communications marketplace."

About Bell

Bell is Canada's largest communications company, providing consumers with solutions to all their communications needs, including telephone services, wireless communications, high-speed Internet, digital television and voice over IP. Bell also offers integrated information and communications technology (ICT) services to businesses and governments, and is the Virtual Chief Information Officer (VCIO) to small and medium businesses (SMBs). Bell is proud to be a Premier National Partner and the exclusive Telecommunications Partner to the Vancouver 2010 Olympic and Paralympic Winter Games. Bell is wholly owned by BCE Inc. For information on Bell's products and services, please visit http://www.bell.ca/. For corporate information on BCE, please visit http://www.bce.ca/.

Caution Concerning Forward-Looking Statements

This news release contains forward-looking statements relating to certain annualized cost savings and other statements that are not historical facts. Such forward-looking statements are subject to important risks, uncertainties and assumptions. The results or events predicted in these forward-looking statements may differ materially from actual results or events. As a result, we cannot guarantee that any forward-looking statement will materialize. The forward-looking statements contained in this news release are made as of the date of this release and, accordingly, are subject to change after such date. Except as may be required by Canadian securities laws, we do not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as result of new information, future events or otherwise.

BCE Inc.

CONTACT: Media contact: Pierre Leclerc, (514) 391-2007, 1-877-391-2007,
pierre.leclerc@bell.ca; Investor contact: Thane Fotopoulos, (514) 870-4619,
thane.fotopoulos@bell.ca

ACS Awarded Document Management Contract Renewal With New York City's Human Resources Administration

DALLAS, July 28 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc. today announced a renewed three-year contract with New York City's Human Resources Administration (HRA) to provide document management, imaging and data entry services. The contract has a total value of $17 million.

ACS collects HRA case documents from multiple points in New York City that are taken to a central location to be inventoried, scanned and indexed. After a rigorous quality control process, the documents are added to HRA's internal imaging system for use by its staff.

"Since 2003, ACS has provided the HRA with outstanding service," said Michael Lavin, HRA's director of imaging systems and support services. "We value the commitment to quality that ACS has brought to the partnership in providing accurate and timely imaging work."

ACS is the largest provider of managed services for state and local governments -- including county governments -- including more than 1,700 state and local government entities. ACS is the largest provider of BPO services in the government sector, including more than $7.5 billion in beneficiary payments through its electronic payment card or stored value card services as well as supporting more than 23 million Medicaid recipients, processing nearly 550 million Medicaid healthcare claims annually.

"ACS' professional and reliable work for the HRA is validated by the renewal of our partnership," said Joe Doherty, executive vice president and group president of ACS' Government Solutions Group. "Our proven technology and experience will continue to benefit the staff of HRA and the citizens who use its services."

About ACS

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

The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.

Affiliated Computer Services, Inc.

CONTACT: Investors, Jon Puckett, Vice President, Investor Relations,
+1-214-841-8281, jon.puckett@acs-inc.com, or Media, Ken Ericson, Director,
Corporate Communications, +1-202-378-2692, ken.ericson@acs-inc.com, both of
Affiliated Computer Services, Inc.

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

Quixote Corporation Announces the Sale of its Intersection Control Segment to Signal Group, Inc.

CHICAGO and HOUSTON, July 28 /PRNewswire-FirstCall/ -- Quixote Corporation and Signal Group, Inc. today announced that Signal Group, Inc., a North American manufacturer and seller of highway safety and traffic control products, has purchased the Intersection Control segment from Quixote for $20 million in an all cash transaction. Quixote's Intersection Control segment produces and sells intelligent traffic control systems, pedestrian signals, video detection equipment and other transportation products for use in the traffic control market and includes its Peek Traffic and U.S. Traffic subsidiaries. Quixote intends to use the proceeds of the sale to pay down substantially all of its outstanding bank debt.

Leslie J. Jezuit, Chairman and Chief Executive Officer of Quixote Corporation, commented, "We are very pleased to have completed this transaction, which will benefit both Quixote and the Intersection Control segment. For Quixote, the sale allows us to significantly strengthen our balance sheet and improve financial flexibility. This enables us to focus on our remaining businesses and to capitalize on promising opportunities we see in international markets. Our Intersection Control business appears to be a great strategic fit with Signal Group, each contributing unique strengths to create a leading North American player for intersection control products."

Alejandro Brunell, President and Chief Executive Officer of Signal Group, Inc., added, "We see exciting opportunities in the acquisition of Peek Traffic and U.S. Traffic. This acquisition strongly complements Signal Group's current operations, resulting in a larger, fully integrated business with advanced manufacturing and a comprehensive product suite to better serve our customers. Furthermore, we are also bringing on board an excellent, well regarded team of people, and we look forward to working with the current management team to take the business to the next level."

The Intersection Control segment generated revenue of $29.7 million in fiscal 2007. Results from the Intersection Control segment will be reclassified as discontinued operations in Quixote's fiscal 2008 financial statements. The Company plans to announce its results for the fourth quarter of fiscal 2008 on August 13, 2008.

Quixote Corporation, (http://www.quixotecorp.com/), through its wholly-owned subsidiaries, Quixote Transportation Safety, Inc. and Quixote Transportation Technologies, Inc., is the world's leading manufacturer of energy-absorbing highway crash cushions, electronic wireless measuring and sensing devices, weather forecasting stations, computerized highway advisory radio transmitting systems, flexible post delineators and other transportation safety products.

Signal Group, Inc. (http://www.signalgp.com/) is a leading developer and manufacturer of highway safety and traffic control products serving customers worldwide for the past 50 years.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the Quixote Corporation's Form 10-K for its fiscal year ended June 30, 2007, under the caption "Forward-Looking Statements" and "Risk Factors" in Management's Discussion and Analysis of Financial Condition and Results of Operations, which discussion is incorporated herein by this reference. Other factors may be described from time to time in the Quixote Corporation's public filings with the Securities and Exchange Commission, news releases and other communications. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Quixote Corporation does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Quixote Corporation

CONTACT: Daniel P. Gorey, Chief Financial Officer, or Joan R. Riley,
Director of Investor Relations, both of Quixote Corporation, +1-312-467-6755;
or Investor Relations, Christine Mohrmann, or Bob Joyce, both of FD,
+1-212-850-5600, for Quixote Corporation

Web site: http://www.quixotecorp.com/
http://www.signalgp.com/

Siemens PLM Software Addresses Needs Identified in Global Design Strategies Research ReportNew Aberdeen Group Report Finds Global Design is Integral in Meeting Market Demand for Product Development Across Five Key Industries

PLANO, Texas, July 28 /PRNewswire/ -- Siemens PLM Software, a business unit of Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, today responded to the findings of a series of Industry Sector Insight reports unveiled by Aberdeen Group. The reports were based on the findings of benchmark research entitled "Profitable Design Chains: Global Product Design Comes of Age" which identifies three key Best-in-Class themes for global product development initiatives -- protecting product intellectual property, designing in parallel, and coordinating global design teams. To further this research, Aberdeen looked at the global design strategies of five vertical industries and examined what these themes mean to each industry.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )

Released in June 2008(1) and spanning Aerospace & Defense, Automotive, Consumer Packaged Goods, High Tech & Electronics and Machinery industries, the research identified key strategic initiatives and challenges specific to each industry and how manufacturers can best implement global design strategies to address these initiatives.

"The Aberdeen findings truly present an opportunity for manufacturers to re-focus their efforts on implementing new global design initiatives or improving upon the ones they have in place," said Leif Pedersen, vice president, industry marketing, Siemens PLM Software. "Manufacturers and companies across all industries are constantly faced with the challenges of cost pressures and market demand for rapid product development. As they look to maintain their competitiveness, they must embrace innovation and global design as a way to help them stay ahead of the pack."

"Our research indicates that companies are viewing global design more strategically," said Michelle Boucher, research analyst, Product Innovation and Engineering Practice, Aberdeen Group. "However, to realize the full potential of their global design strategies, manufacturers should re-assess their progress in implementing these strategies to adopt Best-in-Class practices so they can remain competitive in their respective marketplaces."

A summary of the Aberdeen Sector Insight report findings follows. Aerospace & Defense

The report finds that while A&D manufacturers have begun to change how they think about global design, they are behind other industry averages across all key performance indicators. Furthermore, A&D manufacturers face the greatest consequences of losing product intellectual property given the complex nature of the components and subsystems involved. A&D manufacturers are behind the industry average in terms of implementing capabilities that would help to protect IP -- 44 percent compared with 69 percent respectively. As A&D manufacturers look to capitalize on the growing global workforce, it will be even more important for them to implement secure global design strategies that address this challenge and help better control who has access to the data as well as the amount of time that access is available.

Automotive

With more and more automotive companies finding it hard to turn a profit, the report finds that lowering costs is the top concern. In keeping with this focus, meeting revenue targets is the area in which automotive manufacturers lagged behind the most compared to the industry average -- 55 percent compared to 67 percent. As automotive manufacturers address the challenge of lowering costs, they are taking advantage of different labor costs around the globe. Furthermore, automotive manufacturers are beginning to leverage a global workforce to not only reduce the cost of product development but to gain more insight into unfamiliar markets.

Consumer Packaged Goods

In a challenging retail marketplace, consumer package goods companies are constantly faced with the challenge of getting products to market faster while making sure costs are kept at a minimum. Working across multiple disciplines (R&D, marketing, packaging, sourcing, regulatory and manufacturing, among others), CPG manufacturers must successfully coordinate with these teams to ensure the successful launch of products within short time windows. Overall, CPG manufacturers indicate performance that is consistently at or below multi-industry average levels. While they are behind in meeting cost targets, they remain ahead of the industry average in meeting launch dates. In order to take full advantage of their global design networks and to remain competitive within the retail marketplace, CPG manufacturers must continually look to global design initiatives to help them get products to market faster in a cost-effective manner.

High Tech & Electronics

One of the biggest challenges that HT&E manufacturers face is getting products to market faster before technology becomes obsolete. Despite this recognition, the report finds that HT&E manufacturers are only slightly ahead of the industry average when it comes to meeting target launch dates. The majority of respondents report that they have had global design initiatives in place for over a year (71) percent. High tech manufacturers will need to capitalize on the opportunity for further improvement by leveraging these design chains to effectively accelerate the design process.

Machinery

Global design is a newer trend for Industrial equipment manufacturers as only one-third of respondents to the study reported that their initiatives were less than a year old. Industrial equipment manufacturers fall behind the industry average across all metrics with a gap seen in the ability to meet product revenue targets (56 percent compared to 67 percent) and development cost targets (52 percent compared to 67 percent). Moving forward, industrial equipment manufacturers will need to learn from the experiences of other manufacturing industries with more mature global design processes in place.

Methodology

Aberdeen Group examined the global design strategies of more than 170 enterprises. To gain an understanding of how manufacturers can best take advantage of global design chains, respondents were benchmarked according to their performance across five key performance indicators and divided among three performance categories: Best-in-Class (top 20 percent of performers); Laggard organizations (bottom 30 percent) and the Industry Average (the remaining 50 percent). These measures included the percent of products meeting targets for revenue, product cost, product launch, quality, and overall product development costs.

As companies look increasingly toward globalization, they must continually look to address the issues of protecting product intellectual property, designing in parallel, and coordinating global design teams. For more information about how Siemens PLM Software is helping customers address these issues and transform their process of innovation with product lifecycle management software solutions, please visit: http://www.plm.automation.siemens.com/en_us/industries/index.shtml

Full reports can be found at the following links: (Due to the length of the URLs, please copy and paste into browser.)

-- Global Design Strategies in the Aerospace and Defense Industry: The Road to Safe, Effective, and Parallel Development http://www.aberdeen.com/summary/report/sector_insights/4925-SI-aerospace- defense-design.asp

-- Global Design Strategies for the Automotive Industry http://www.aberdeen.com/summary/report/sector_insights/4988-SI-global-design- automotive.asp

-- Global Design Strategies for Consumer Packaged Goods http://www.aberdeen.com/summary/report/sector_insights/4951-SI-global-design- strategies.asp

-- Global Design Strategies in the High Technology Sector http://www.aberdeen.com/summary/report/sector_insights/5045-SI-design- strategies-technology.asp

-- Global Design Strategies for Industrial Equipment Manufacturers: http://www.aberdeen.com/summary/report/sector_insights/4990-SI-design- industrial-equipment.asp

About Siemens PLM Software

Siemens PLM Software, a business unit of the Siemens Industry Automation Division, is a leading global provider of product lifecycle management (PLM) software and services with 5.5 million licensed seats and 51,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software's open enterprise solutions enable a world where organizations and their partners collaborate through Global Innovation Networks to deliver world-class products and services. For more information on Siemens PLM Software products and services, visit http://www.siemens.com/plm.

About Siemens Industry Automation Division

The Siemens Industry Automation Division (Nuremberg), a division of Siemens Industry Sector, is worldwide leading in the fields of automation systems, low-voltage switchgear and industrial software. Its portfolio ranges from standard products for the manufacturing and process industry to solutions for whole industries and systems that encompass the automation of entire automobile production facilities and chemical plants. As a leading software supplier, Industry Automation optimizes the entire value added chain of manufacturers -- from product design and development to production, sales and a wide range of maintenance services.

Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. All other trademarks, registered trademarks or service marks belong to their respective holders.

(1) Automotive Sector Insight report issued in April 2008.

Photo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Siemens PLM Software

CONTACT: Debra Dekelbaum of Siemens PLM Software, +1-972-987-3271,
debra.dekelbaum@siemens.com

Web site: http://www.automation.siemens.com/

Vonage Launches First-Of-Its-Kind Vonage Pro Offering To Keep Customers Connected to Their Home Phone on the GoLifestyle-focused service offering includes next generation SoftPhone(R), Vonage Companion(TM), which allows customers to use their home phone number away from home

HOLMDEL, N.J., July 28 /PRNewswire-FirstCall/ -- Vonage today announced the launch of Vonage Pro(SM), a first-of-its-kind digital voice offering featuring five innovative components that keep you connected to your home life while on the go, including the ability for customers to use their home phone number virtually anywhere they have access to a high speed Internet connection. Vonage Pro is the next step in the MyVonage(TM) product strategy, which is focused on developing products and services based on the requests of customers who have a wide variety of lifestyles and communication needs.

"Vonage revolutionized the communications industry when we launched our digital phone service eight years ago," says Jamie Haenggi, Chief Marketing Officer. "Today, our customers' lifestyles dictate more demanding communication needs and we are again driving the industry forward by providing customers with innovative communication solutions that are designed with their lifestyle in mind. Vonage Pro provides consumers with services they don't just need, but they really want."

Vonage Pro features five components that specifically accommodate the lifestyle of "prosumers," or professional consumers who are comfortable with and understand the benefits of using technology to improve their personal and professional lives.

With Vonage Pro, You are Home ... Away from Home

The offering includes a next generation Vonage SoftPhone client, Vonage Companion**, that allows the residential or home office user to access their home number from any desktop or laptop PC connected to a high speed Internet connection, enabling them to communicate as if they are at home.

-- Incoming calls ring both the customer's home phone and their Companion, and customers can make outgoing calls on both devices simultaneously -- essentially providing a second phone line.

-- Vonage Companion also offers customer requested features such as selective call block, conference calling, personalized ringtones and call recording.

-- Customers can use their PC's built-in microphone and speakers or plug in a headset with microphone to make and receive calls.

-- Vonage Companion automatically synchronizes with Vonage Contact Center(TM)*

-- Home office users will never miss an important call when away on vacation or on a business trip.

"In a competitive communications landscape, VoIP services need to differentiate themselves on more than price," says Patrick Monaghan, Senior Analyst in Consumer Research at Yankee Group. "Advanced, flexible features that allow consumers to communicate anywhere will continue to grab market share."

Vonage Pro also includes Unlimited Vonage Residential Digital Voice service, 25 Vonage Visual Voicemail(R) messages, 25 411 Directory Assistance calls, and automatic integration of Vonage Contact Center -- all for one monthly rate. Vonage Visual Voicemail automatically transcribes voicemails to email or SMS text so customers can read, store, search, and respond to their voicemail messages on their phone, laptop or mobile device wherever and however they choose. Contact Center provides customers with the ability to synchronize all contacts from their home, desktop and mobile address books while providing additional features such as Voice Activated Dialing and Speed Dial.

"Vonage Pro is the VoIP offering that prosumers have been asking for to help them stay connected while on the go," said Haenggi. "We've already received feedback from beta users that indicates Vonage Pro will be a success, both in the quality of the phone service and the unique features it offers."

Vonage Pro, which comes together with Vonage's Residential Premium Unlimited Plan, will be offered to new customers for a plan fee of $34.99 per month (plus taxes and fees), and the plan fee for the first month will be waived as part of an initial promotion of this plan. Existing customers on the Residential Premium Unlimited Plan can add Vonage Pro for an additional $10 per month and they will also have their first month's Vonage Pro fee waived as part of the initial promotion. Please visit http://www.vonage.com/ for additional details.

**Vonage Companion is powered by CounterPath (OTC Bulletin Board: CPAH; TSX-V: CCV), a global provider of innovative desktop and mobile VoIP software products and solutions -- http://www.counterpath.com/

*Contact Center is a feature available to all Vonage customers Vg-a About Vonage

Vonage is a leading provider of digital phone services with over 2.6 million subscriber lines. Our award-winning technology enables anyone to make and receive phone calls with a touch tone telephone almost anywhere a broadband Internet connection is available. We offer feature-rich and cost-effective communication services that offer users an experience similar to traditional telephone services.

Our Residential Premium Unlimited and Small Business Unlimited calling plans offer consumers unlimited local and long distance calling, and popular features like call waiting, call forwarding and voicemail -- for one low, flat monthly rate. Vonage's service is sold on the web and through national retailers including Best Buy, Circuit City, Wal-Mart Stores Inc. and Target and is available to customers in the U.S., Canada and the United Kingdom. For more information about Vonage's products and services, please visit http://www.vonage.com/.

Vonage Holdings Corp. is headquartered in Holmdel, New Jersey. Vonage(R) is a registered trademark of Vonage Marketing Inc., a subsidiary of Vonage Holdings Corp.

Vonage

CONTACT: Michael Zema, Vonage, +1-732-528-2677, michael.zema@vonage.com;
Caitlin Snavely, Access Communications, +1-917-522-3526, csnavely@accesspr.com
for Vonage

Web site: http://www.vonage.com/
http://www.counterpath.com/

Geo Vision International Group to Acquire CLP UK

LONDON, July 28 /PRNewswire-FirstCall/ -- Geo Vision International Group Inc., (Pink Sheets: GVIT) announced today that it is negotiating acquiring: CLP Computer Office Supplies, Continuous Listing Paper Limited, a company registered in the United Kingdom, in a combination cash and stock transaction.

CLP Computer & Office Supplies is located in Blanford, Dorset, in the United Kingdom. Established in 1989 and in operation for the past 20 years, the company maintains a warehousing and distribution centre in Blanford England. CLP sells and distributes computer and office supplies through its website http://www.clp.co.uk/ and mails its mail order catalogues to its in-house client base of customers including: small business and home based businesses, plus a wide range of institutional accounts including: schools, colleges, universities, hospitals, registered charities, medical and dental practices, accountants and solicitors.

Geo Vision International Group's long standing direct marketing skills, in both business to business and business to consumer direct marketing, provides a formidable fit with the activity of CLP. It is anticipated that the combined group can expect substantial growth in a combined entity.

For the past 10 years Geo Vision International Group Inc. has had limited operations. The company's management is anticipating further growth for Geo Vision through additional planned mergers and acquisitions in the Internet and direct marketing arena in the future.

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks. The forward looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward looking statement to reflect changes in the Company's expectations or future events.

Geo Vision International Group Inc

CONTACT: Allan Diamond, Chairman Geo Vision International Group Inc.,
+1-514-487-3873, allandiamond@theworldforless.co.uk

Pay88, Inc. to Invest One Million Yuan in a Major Chinese Information Technology Company

BARNSTEAD, N.H., July 28 /Xinhua-PRNewswire-FirstCall/ -- Pay88, Inc. (BULLETIN BOARD: PAYI) announced today that it plans to invest one million Yuan (about $150,000) in the Ziya Company, a major information technology company located in Hangzhou, China. The transaction is expected to be completed during August 2008.

When completed, Qianbao Company, a wholly owned subsidiary of Pay88, Inc., will gain access to Ziya's online sales technology. The two companies will work together in the development of a state-of-the-art, online gaming transaction platform to be utilized by Qianbao in the marketing of online prepaid game card products throughout Chongqing and other major cities in China.

Guo Fan, President and CEO, Pay88, said, ''Ziya's technology is known throughout China as the most advanced and best available. It will help us improve our software platform and technology skills, and enable us to compete and grow throughout China. We look forward to working with this fine company.''

Tao Fan, COO, Pay88, said, ''Ziya is a pioneer in online sales systems. Its far reaching technology will help us develop brand new online gaming products which we can then market nationwide. As a result, this market expansion will help us increase revenues and profits in 2009 and well beyond.''

Ziya Co. has received a number of awards from businesses throughout China for its advanced and consumer friendly technology, which has helped companies grow and become leaders in their respective industries.

About Pay88, Inc.

Pay88, Inc. (BULLETIN BOARD: PAYI) is a leading reseller of online multiplayer game time in China. The Company has successfully captured the leading distribution of online multiplayer game time in Chongqing, China, utilizing such popular consumer establishments as retail kiosks and internet cafes. Over the next 12 months, the Company plans to continue to develop new internet distribution web sites and increase its overall product line as well as expand in many additional Chinese cities. For additional information, visit http://www.iamseller.com/English/Index.aspx .

Forward Looking Statements

Certain information contained in this news release, including without limitation, statements related to Pay88's outlook for 2008, which are based on management expectations, is considered forward looking statements. Investors and prospective investors are cautioned about factors which have in some cases affected Pay88's actual results and could affect its actual results and cause them to differ materially from those expressed in any such forward looking statements. Actual results may also differ over factors which the Company has no control including general economic and business conditions, earthquakes or effects of war or terrorists acts on the capital markets or on company activities. Please refer to Risk Factors contained in the Company's annual report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2008.

Pursuant to a July 1, 2008 contract, Consulting for Strategic Growth 1, Ltd. (CFSG1) provides Pay88, Inc. with strategic consulting, business advisory and investor and media relations. Independent of CFSG1's receipt of cash compensation from Pay88, CFSG1 may choose to purchase the Company's common stock and thereafter liquidate those securities at any time it deems appropriate.

For more information, please contact: Consulting for Strategic Growth 1 Investor Relations Stanley Wunderlich, CEO Tel: +1-800-625-2236 Fax: +1-646-205-7771 Email: info@cfsg1.com Web: http://www.cfsg1.com/ Media Relations Daniel Stepanek, EVP Tel: +1-646-205-7767 Fax: +1-646-205-7771 Email: dstepanek@cfsg1.com

Pay88, Inc.

CONTACT: Investor Relations, Stanley Wunderlich, CEO, +1-800-625-2236,
or fax, +1-646-205-7771, or info@cfsg1.com, or Media Relations, Daniel
Stepanek, EVP, +1-646-205-7767, or fax, +1-646-205-7771, or
dstepanek@cfsg1.com, both for Pay88

Web Site: http://www.iamseller.com/English/Index.aspx

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