Companies news

Ludlow Energy Ventures Initiates Research Coverage on Essential Innovations Technology Corp.

BELLINGHAM, Wash., July 31 /PRNewswire-FirstCall/ -- Essential Innovations Technology Corp. (BULLETIN BOARD: ESIV) the "Company" announced today that Ludlow Energy Ventures, Inc has initiated research coverage of Essential, with a 'speculative' B+ rating.

COVERAGE SUMMARY

Mark Blackwell, Research Analyst with Ludlow Energy Ventures commented, "Although Essential Innovations Technology only has a market cap of $1.44 million and incurred a net loss of $1,107,557 last quarter, a large amount of that recorded loss was non-cash, and in fact the company has shown a strong and sustained stream of revenue, it has redefined its efforts to focus almost entirely on manufacturing activities and in that regards it is now pursuing the establishment of a quality JV partnership in Vietnam to increase such manufacturing capacity. This joint venture when finalized should give the company an extreme competitive advantage as it will provide for the significant reduction of labor and material costs while geographically positioning the Company to take full advantage of unique distribution channels available to it throughout much of the Asian marketplace.

"If the company moves forward and continues to secure on-going private placement equity as it has in the past, I am extremely confident that the management team of Essential will allocate the resources effectively to execute on the company's strategy of increasing revenue and growth from the manufacturing division.

"In my opinion, the stock is heavily undervalued, and when compared to competitors on the market it has a strong competitive advantage that will allow the company to grow and differentiate itself against competitors. Furthermore, when looking at the two major players in this distinctive market, LSB Industries ("ClimateMaster") and WaterFurnace Renewable Energy Inc. ("WaterFurnace"), these two companies are trading at a multiplier of 30 - 35 times EPS.

"Thus, Ludlow Energy Ventures has commenced research coverage on ESIV, with a 'speculative' B+ rating, pending that the company is able to move forward with the manufacturing facility in the Vietnam."

For a link to the full investment opinion and risks associated with this company, visit http://www.ludlowenergy.com/reports/esiv.html

About Ludlow Energy Ventures, Inc

Based in New York City, Ludlow Energy Ventures is a venture capital and research advisory firm with a specific focus on the renewable and alternative energy markets. The goal of the firm is to promote investments into alternative and renewable energy projects and ventures worldwide. Ludlow Energy Ventures owns and operates the Ludlow Energy Indices, which tracks a wide basket of US traded large and small cap alternative energy stocks. http://www.ludlowenergy.com/

About Essential Innovations Technology Corp.

Essential Innovations Technology Corp. provides cutting-edge Geoexchange solutions for residential, commercial and industrial applications as both a manufacturer of proprietary geothermal heat pump technology and as a Geoexchange energy service company. The Company was incorporated in April 2001, and it has four wholly owned subsidiaries located in British Columbia, Canada and in Hong Kong, SAR, China. For more information, please visit our website: http://www.eitechcorp.com/.

Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Investors are cautioned that such forward-looking statements involve risks and uncertainties. These statements include, but are not limited to, statements that do not describe historical facts and statements that include the word "believes," "anticipates," "expects," "plans," "intends," "designs," "projects," "assumes," or similar language, as well as statements regarding consumer or marketplace acceptance of the Company's new or existing products; comments concerning marketing and consumer acceptance of proprietary products; the potential benefits of Essential Innovations' products; initiatives undertaken by the Essential Innovations' divisions; the Company's research, manufacturing and facilities expansion programs; and the Company's growth, revenue, or projected earnings; all such statements which may or may not occur in the future. These forward-looking statements are made as of the date of this news release, and Essential Innovations Technology Corp. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward- looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no absolute assurance that such belief, plans, expectations or intentions will prove to be completely accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our periodic reports filed from time to time with the Securities and Exchange Commission.

Essential Innovations Technology Corp.

CONTACT: Jason McDiarmid of Essential Innovations Technology Corp.,
+1-360-392-3902

Web site: http://www.eitechcorp.com/
http://www.ludlowenergy.com/

Fortress International Group Inc. To Report Second Quarter Financial Results on August 12, 2008Company to Conduct Conference Call and Webcast Presentation

COLUMBIA, Md., July 31 /PRNewswire-FirstCall/ -- Fortress International Group Inc. , a company providing comprehensive services for the planning, design, development and maintenance of mission critical facilities and information infrastructure, today announced that it will release financial results for the second quarter of 2008 on Tuesday, August 12, 2008.

Fortress International's CEO Tom Rosato and CFO Tim Dec will conduct a conference call and webcast to discuss the financial results on Wednesday, August 13, at 8:30 a.m. ET. The call may be accessed live by dialing 877-545-1407 five minutes before the start of the call. An accompanying slide presentation will be available via the Internet at: http://www.thefigi.com/

The webcast and conference call will be archived after its completion and will remain available through August 28, 2008 by dialing 888-203-1112 and entering replay passcode 4784711.

ABOUT FORTRESS INTERNATIONAL GROUP INC.

Fortress International Group Inc. (FIGI) and its subsidiaries Total Site Solutions, Rubicon, Vortech, and Innovative Power, plan, design, build and maintain specialized facilities such as data centers, trading floors, call centers, laboratories, medical facilities, network operation centers, communication facilities, and secure facilities. For nearly 30 years, the FIGI team has pioneered building robust and scalable infrastructure into mission-critical facilities. The firm offers unsurpassed expertise in the infrastructure systems (electrical, mechanical, telecommunications, security, fire protection and building automation) that are the critical facility's lifeblood. FIGI's comprehensive portfolio of services and multi-disciplinary expertise provide customers a highly respected single source for critical services that bridge the gap between IT and facilities.

FORWARD-LOOKING STATEMENTS

This release may contain "forward-looking statements" -- that is, statements related to future -- not past -- events, plans, and prospects. In this context, forward-looking statements may address matters such as our expected future business and financial performance, and often contain words such as "guidance," "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Particular uncertainties that could adversely or positively affect the company's future results include: the company's reliance on a significant portion of its revenues from a limited number of customers; the uncertainty as to whether the company can replace its declining backlog; risks involved in properly managing complex projects; risks relating to revenues under customer contracts, many of which can be canceled on short notice; risks related to the implementation of the company's strategic plan, including the ability to make acquisitions and the performance and future integration of acquired businesses; and other risks and uncertainties disclosed in the company's filings with the Securities and Exchange Commission. These uncertainties may cause the company's actual future results to be materially different than those expressed in the company's forward-looking statements. The company does not undertake to update its forward-looking statements.

Company Contact: Thomas P Rosato CEO Fortress International Group Phone: (410) 423-7438 Investor Relations: John McNamara Cameron Associates (212) 245-8800 Ext. 205 john@cameronassoc.com

Fortress International Group Inc.

CONTACT: Company Contact: Thomas P Rosato, CEO, Fortress International
Group, +1-410-423-7438; Investor Relations: John McNamara, Cameron Associates,
+1-212-245-8800 Ext. 205, john@cameronassoc.com

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

Huang Dasen, Chief Representative, Beijing, of the Shanghai Pudong Development Bank (SPDB) Accepts Appointment to NexxNow's China Advisory Board

BUFFALO, N.Y., July 31 /PRNewswire-FirstCall/ -- NexxNow, Inc. (BULLETIN BOARD: NXXN) , a sports media and marketing company is pleased to announce that Mr. Huang Dasen Chief Representative, Beijing, of the Shanghai Pudong Development Bank (SPDB) has accepted a position on NexxNow's China Advisory Board.

The China Advisory Board was created to provide NexxNow a platform to expand business initiatives, strategic partnerships and dealings with the investment community. The advisory board will meet frequently with management to lend its business expertise in assisting the company to accomplish its corporate goals in China. Additional member appointments as well as the opening of our China office are expected to be announced within thirty days.

Mr. Huang Dasen stated, "With the recommendation of Dr. Fu Lo Jen, I hereby accept the advisory position of NexxNow, Inc. I look forward to assisting NexxNow with thoughtful advice and recommendation in regard to China's finance, economic market and banking fields, and using this opportunity in welcoming you upon your planned visit to attend our banking conference in Shanghai in September 2008, that we may further our close cooperation between your office and Shanghai Pudong Development Bank.

"I will do my best to cooperate with your esteemed company as an advisor, and look forward to fostering friendly cooperation on economic affairs between China and The United States of America."

Paul Riley, NexxNow's CEO stated, "We are extremely honored that Mr. Dasen has accepted this appointment to our advisory board. As the prior Mayor of two cities and his esteemed standing in the world of finance, Dasen's influence has already benefited NexxNow through introductions and meetings held in China by Pan Asia on the company's behalf. Meetings with the Mayors of Nanjing and Wuhan, many Television properties and prominent officials of the PRC have further defined the course of achieving our goals. The NexxNow initiatives are generating enthusiastic interest and support in China. We are appreciative of the progress Dasen and Pan Asia have made on our behalf."

BIOGRAPHY OF HUANG DASEN

Huang Dasen has been the Chief Representative, Beijing, of the Shanghai Pudong Development Bank (SPDB) since March 2000. He has 30 years of experience in the financial industry and worked at the People's Bank where he was selected to develop the Shanghai International Financial Center.

From 1993 to 1995 he served as Mayor of the City of Qidong, Jiangsu Province, and from 1996 to 1998 he served as Mayor of the City of Nantong, Jiangsu Province.

Mr. Huang received his Bachelor of Arts degree from Nantong University, and completed graduate studies in management at Jiangsu University and the University of International Business and Economics.

About Shanghai Pudong Development Bank Website: http://www.spdb.com.cn/chpage/c510/

Shanghai Pudong Development Bank, SPDB, incorporated on January 9, 1993 with the approval of the People's Bank of China (28th, August, 1992), is a joint-stock commercial bank with its headquarters located in Shanghai. Shanghai Pudong Development Bank launched a 400 million A-share offer on September 23 on the Shanghai Stock Exchange becoming the first shareholding commercial bank to list with both central bank and China Securities Regulatory Commission's approval since the enforcement of "Commercial Bank Law" and "Securities Law". Thus the registered capital reaches RMB2.41 billion and 320 million shares of the issue were listed on the Shanghai Stock Exchange on November 10, 1999 (stock code 600000). The objectives of SPDB are to provide services for the development of Pudong for the building of Shanghai into one of the international economic, financial and trade centers in the shortest possible time and to contribute to the national economic development and social progress.

By the end of the year 2007, the bank's total assets reached RMB9149.80 billion, the outstanding balance of all deposits stood at RMB7634.73 billion and outstanding loans of RMB5509.88billion Yuan. After-tax profits totaled RMB54.99 billion. The bank has set up 24 directly subordinate branches and sub-branches in Shanghai, Beijing, Tianjing, Chongqing, Hangzhou, Nanjing, Guangzhou, Shenzhen, Kunming, Zhenzhou, Dalian, Jinan, Xian, Chengdu, Shenyang, Wuhan, Taiyuan, Changsha, Harbin, Ningbo, Suzhou, Wenzhou, Wuhu, etc, with a total of 408 business network sites.

About the Company (BULLETIN BOARD: NXXN) About NexxNow, Inc.

NexxNow, Inc. is a diversified Sports Media and Marketing Company that Provides technologically powered multi-media ad platforms to National/International Advertisers. NexxNow China, Inc. (Subsidiary) is pursuing the television broadcast of professional sporting events to and from China.

Information on the company and a fact sheet can be found on http://www.nexxnow.com/.

Forward Looking Statement:

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

CONTACT INFORMATION: Market Vision Consulting, Inc. Robert Gartzman Phone (561) 447-7177

NexxNow, Inc.

CONTACT: Robert Gartzman of Market Vision Consulting, Inc.,
+1-561-447-7177, for NexxNow, Inc.

Web site: http://www.nexxnow.com/
http://www.spdb.com.cn/chpage/c510

Activision Collaborates With Logitech to Develop Premium Instruments for Guitar Hero(R) World Tour

SANTA MONICA, Calif. and FREMONT, Calif., July 31 /PRNewswire-FirstCall/ -- Activision Publishing, Inc. and Logitech International today announced a collaboration to develop and market premium instrument controllers for Guitar Hero(R) World Tour, the latest installment of the world's best-selling music-based video game franchise, which ships this fall for the Xbox 360(TM) video game system from Microsoft, PlayStation(R)2 computer entertainment system, PLAYSTATION(R)3 computer entertainment system and Nintendo Wii(TM).

Logitech plans to offer premium instruments for each of these platforms, the first of which will be available later this year. Logitech's products will be compatible with Guitar Hero World Tour's advanced feature set, allowing players to elevate their Guitar Hero(R) jam sessions to full-fledged rock concerts.

"Logitech is the leading producer of peripheral devices and the company is widely considered to be the gold standard for innovation and quality peripheral products," said Charles Huang, vice president business development for RedOctane. "With Logitech, we know we have found the right partner who can deliver top-quality premium hardware that consumers have come to expect from Guitar Hero."

"As huge fans of Guitar Hero(R), we are very excited about the opportunity to bring the Logitech experience to the Guitar Hero franchise," said Bruce Lancaster, vice president and general manager of Logitech's gaming business. "A few years ago, Logitech refined the consumer steering wheel market with high-end controllers that enhance racing games. Now we are looking forward to elevating the market for premium music-based video game controllers in a similar fashion."

Guitar Hero World Tour is being developed by Neversoft Entertainment for the Xbox 360(R) video game and entertainment system from Microsoft and PLAYSTATION(R)3 computer entertainment system. The Wii(TM) version is being developed by Vicarious Visions. The PlayStation(R)2 computer entertainment system version is being developed by Budcat. The game is not yet rated by the ESRB. For more information on Guitar Hero World Tour, please visit http://www.guitarhero.com/.

About Logitech

Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Founded in 1981, Logitech International is a Swiss public company listed on the SWX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).

About Activision Publishing, Inc.

Headquartered in Santa Monica, California, Activision, Publishing, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.

Activision Publishing maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, Japan and South Korea. More information about Activision Publishing and its products can be found on the company's website, http://www.activision.com/.

Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company's Web site at http://www.logitech.com/.

"PlayStation", "PLAYSTATION" and "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc. Used with Permission. Microsoft, Xbox, Xbox 360, Xbox LIVE, and the Xbox logos are trademarks of the Microsoft group of companies. Wii and the Wii logo are trademarks of Nintendo.

Activision Publishing, Inc.; Logitech International

CONTACT: Aaron Grant of Activision-RedOctane, +1-310-255-2535,
agrant@activision.com; or Pamela McCracken of Logitech, +1-510-713-4003,
pamela_mccracken@logitech.com

Web site: http://www.activision.com/
http://www.logitech.com/
http://www.guitarhero.com/

Company News On-Call: http://www.prnewswire.com/comp/007396.html

EDS Stockholders Approve Merger With Hewlett-Packard Company

PLANO, Texas, July 31 /PRNewswire-FirstCall/ -- EDS today announced that at the special meeting of stockholders held on July 31, 2008 its stockholders have adopted the Agreement and Plan of Merger dated as of May 13, 2008 among EDS, Hewlett-Packard Company (HP) and Hawk Merger Corporation, pursuant to which EDS will become a wholly-owned subsidiary of HP. Approximately 98.8 percent of the shares of EDS common stock voting on the proposal were voted in favor of the adoption of the Agreement and Plan of Merger, representing approximately 72.4 percent of the issued and outstanding shares of EDS common stock as of the close of business on June 24, 2008, the record date for the special meeting.

"I am pleased that our stockholders have followed the recommendation of the EDS Board of Directors and supported the combination of EDS and HP," said Ron Rittenmeyer, EDS chairman, president and CEO. "Not only does the combination of these two great companies create immediate value for our stockholders, it also enhances our ability to achieve our customers' needs with our unwavering commitment to quality and innovation."

The acquisition received antitrust clearance by the European Commission on July 25 and the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvement Act for the acquisition expired in late June.

The closing of the transaction still requires regulatory clearance from certain non-U.S. and non-E.U. jurisdictions, and is subject to the satisfaction or waiver of the other closing conditions specified in the Agreement and Plan of Merger. EDS currently anticipates that the transaction will close in the third quarter of 2008. As previously disclosed, EDS and HP have agreed that the closing of the transaction will not occur prior to August 18, 2008 without the consent of both parties and that in the event HP would otherwise be required to close the transaction prior to August 26, 2008, it has the right to postpone the closing until no later than August 26, 2008, subject to the terms set forth in the Agreement and Plan of Merger.

The company also announced on July 25 that EDS, HP and the plaintiffs in the five stockholder lawsuits that were commenced following the execution of the Agreement and Plan of Merger have agreed to settle and dismiss all pending lawsuits concerning the proposed merger, subject to court approval.

About EDS

EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 46 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at eds.com.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements contained in this release regarding the pending merger with HP that are not statements of historical facts are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those stated in the forward-looking statements. Important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements include: the conditions to the completion of the pending merger may not be satisfied, or the regulatory approvals and clearances required for the proposed merger may not be obtained on the terms expected or on the anticipated schedule (if at all); EDS and HP's ability to meet expectations regarding the timing for completion of the pending merger; the occurrence of any event, change or other circumstances that could give rise to the termination of the Agreement and Plan of Merger; and whether the court approves the settlement and memorandum of understanding relating to the stockholder lawsuits that were commenced following the execution of the Agreement and Plan of Merger and, if such approval is not received, the outcome of any legal proceedings that have been or may be instituted against EDS, HP or others related to the Agreement and Plan of Merger. These factors, and other important factors that could affect these outcomes are set forth in EDS' most recently filed Annual Report on Form 10-K and its other filings with the Securities and Exchange Commission, in each case under the heading "Forward-Looking Statements" and/or "Risk Factors." Such discussions regarding risk factors and forward-looking statements are incorporated herein by reference. EDS assumes no obligation to update or revise any forward-looking statement in this document, and such forward-looking statements speak only as of the date hereof.

MEDIA RELATIONS CONTACT: INVESTOR RELATIONS CONTACT: Bob Brand - EDS Deanna Rogers - EDS 972 605 1290 972 605 8933 bob.brand@eds.com deanna.rogers@eds.com

Electronic Data Systems Corporation

CONTACT: Media, Bob Brand, +1-972-605-1290, bob.brand@eds.com, or
Investors, Deanna Rogers, +1-972-605-8933, deanna.rogers@eds.com, both of EDS

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

Emmis Interactive Honored With Interactive Media Awards

CHICAGO, July 31 /PRNewswire/ -- Emmis Interactive, Inc., the software and consulting company that empowers the reinvention of local media, today announced it received four Horizon Interactive Awards, a leading international interactive media awards competition.

"While this kind of honor is nice for Emmis Interactive, it's gratifying to see our clients receive recognition and deserved exposure," said Rey Mena, co-president of Emmis Interactive. "It is truly their success."

Emmis Interactive was recognized for excellence with two gold, one silver, and one bronze award.

Gold awards: Ford Fuel Team, http://www.fordfuelteam.com/

In an effort to market the new Ford Fusion and generate qualified leads for Chicagoland Ford dealers, the Ford Fuel Team was born. Brand ambassadors at local events passed out online decoder cards that drove traffic to the microsite.

Puma French 77, http://www.pumafrench77.com/

Emmis Interactive created this microsite and branded it as the Puma French 77 online Fashion Show to introduce and create buzz around the new line of apparel, sneakers and accessories.

Silver: DiscoverADay.com, http://www.discoveraday.com/

This microsite was developed for Indianapolis Downtown, Inc. and the six cultural districts of Indianapolis to increase local tourism from surrounding cities and residence of Indianapolis.

Bronze: Prison Break: Field to Freedom, http://www.fieldtofreedom.com/

The "Prison Break" game was created to generate energy and enthusiasm around the premiere of the show's second season on FOX.

Other winners this year include Microsoft, ABC Family and USA Network. For more information visit the Horizon Interactive Awards at http://www.horizoninteractiveawards.com/ .

The seventh annual, international competition saw more than 1,000 entries from 20 countries around world, and nearly all 50 states in the U.S. An international panel of judges, consisting of industry professionals with diverse backgrounds, as well as an end-user panel, evaluated 18 different categories ranging from online advertising to video games.

Since announcing it was going to market its services to radio broadcasters and other local media companies in late April, Emmis Interactive has announced partnerships with Renda Broadcasting, Big League Broadcasting, Lincoln Media and Corus, as well as announcing a licensing agreement with the iTunes Store to market its custom Storefront technology.

Emmis Interactive, Inc., an award-winning global software and consulting company, provides local broadcasters and publishers with profitable, sustainable interactive businesses. Combining years of broadcast and publishing experience with cutting-edge technology and unparalleled service, Emmis Interactive empowers local media companies with a comprehensive digital strategy to maximize the value of their media brands. Services include interactive strategy for executive management, interactive sales training, content management consulting, proprietary technology platform and hosting services, custom web-site design and interactive product development. Emmis Interactive Inc. is an Emmis Communications Company. For more information about Emmis Interactive, visit emmisinteractive.com .

In its seventh year, the Horizon Interactive Awards program was created to recognize excellence in interactive media production worldwide. Since 2001, the competition has received thousands of entries from countries around the world and nearly all 50 U.S. states. Each year, those entries are narrowed down to the best of the best to be recognized and promoted on an international stage for their excellence.

Certain statements included in this report or in the financial statements contained herein which are not statements of historical fact, including but not limited to those identified with the words "expect," "will" or "look" are intended to be, and are, by this Note, identified as "forward-looking statements," as defined in the Securities and Exchange Act of 1934, as amended. Such statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statement. Emmis does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.

Emmis Interactive

CONTACT: Chris Campbell, Director of Sales Marketing of Emmis
Interactive, +1-312-986-7338, ccampbell@emmisinteractive.com

Web site: http://www.emmis.com/
http://www.horizoninteractiveawards.com/

Thrifty Car Rental and Expedia Sign Preferred Partner Agreement

TULSA, Okla., July 31 /PRNewswire-FirstCall/ -- Thrifty Car Rental, a subsidiary of Dollar Thrifty Automotive Group, Inc. , today announced the expansion of its existing relationship with Expedia, Inc. . Under the multi-year agreement, Thrifty Car Rental will join the Expedia(R) Preferred Rental Car Program on Expedia.com(R) and Expedia.ca(TM), where Expedia customers will continue to receive Thrifty's best rates on car rentals.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020412/DTGLOGO)

By joining the Expedia Preferred Rental Car Program, Thrifty Car Rental can effectively expand its presence in the online environment and reach Expedia's more than 22 million unique visitors per month. The agreement will provide Expedia customers with a full array of vehicles from the more than 1,000 Thrifty Car Rental locations in the U.S., Canada and around the world.

"Expedia is a premier online destination for consumers interested in a broad inventory of travel products at a great price," said Charlie Coniglio, vice president of E-commerce and Global Distribution for Dollar Thrifty Automotive Group, Inc. "As a value brand servicing both leisure and business customers, Thrifty Car Rental is perfectly suited to satisfy the different needs of the Expedia customer."

"Expedia welcomes Thrifty Car Rental to the Preferred Partner Program and looks forward to creating an unparalleled opportunity for Thrifty to reach a larger audience of travelers online than anywhere else," said Lloyd Johnson, senior vice president, Transport & Tour, Expedia. "It is through strong business relationships like this partnership with Thrifty that Expedia is able to offer travelers the very best prices on an unmatched selection of travel products."

About Expedia, Inc.

Expedia, Inc. is the world's leading online travel company, empowering business and leisure travelers with the tools and information they need to easily research, plan, book and experience travel. Expedia, Inc. also provides in-destination concierge service and activity desks for travelers. The Expedia, Inc. portfolio of brands includes: Expedia.com(R), hotels.com(R), Hotwire(R), Egencia(TM) (formerly Expedia Corporate Travel), TripAdvisor(R), Expedia Local Expert(TM), Classic Vacations(R) and eLong(TM). Expedia, Inc.'s companies operate more than 60 global points of sale in more than 40 countries, with sites in North America, South America, Latin America, Europe, Middle East, Africa and Asia Pacific. Expedia, Inc. is a component of the S&P 500 index. For more information, visit http://www.expediainc.com/ .

About Thrifty Car Rental

Thrifty Car Rental is a subsidiary of Dollar Thrifty Automotive Group, Inc., a Fortune 1000 Company headquartered in Tulsa, Oklahoma. Together with its corporately-owned locations and those of its franchise owners, the Thrifty Car Rental brand serves value-conscious travelers from more than 1,028 locations in 68 countries. For more information, visit http://www.thrifty.com/ or http://www.dtag.com/.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020412/DTGLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Dollar Thrifty Automotive Group, Inc.

CONTACT: Chris Payne of Dollar Thrifty Automotive Group, Inc.,
+1-918-669-2236, chris.payne@dtag.com; or Michael Eggerling of Expedia, Inc.,
+1-425-679-4317, press@expedia.com

Web site: http://www.dtag.com/
http://www.thrifty.com/
http://www.expediainc.com/

IKONICS Posts Record Second Quarter Profits

DULUTH, Minn., July 31 /PRNewswire-FirstCall/ -- IKONICS Corporation , a Duluth based imaging technology company, announced today record second quarter profits of $358,000, or $0.17 per share, an 8% increase over the second quarter of 2007. Second quarter sales were down 1% to $4,330,000 compared to the second quarter of 2007. Income from operations was up 23% for the quarter and 34% for the six month period compared to the same periods in 2007. Compared to the first quarter of 2008, sales were up 15% and earnings up 23%.

Bill Ulland, Ikonics CEO, said that, given the softening economy, these results are encouraging. Both sales and earnings for the company were the second best quarterly results on record.

Ulland added, "In July we took delivery of production equipment for our new Digital Texturing enterprise. The fluid deposition machine is being tested for production and is currently meeting our expectations. We also continue to make progress with our Photo-Machining technology and expect that business to continue to grow in the second half."

Ulland also said, "Our investment in new technologies is beginning to translate into sales which should help offset the current weak domestic demand for our traditional products, and we believe these new technologies will position us for significant growth in the future."

During the quarter, the company broke ground on a 35,000 square foot facility to house its new technologies. The project is on budget, and the company plans to take occupancy before the end of the year.

This press release contains forward-looking statements regarding sales, net earnings, and new products that involve risks and uncertainties. The Company's actual results could differ materially as a result of domestic and global economic conditions, competitive market conditions, acceptance of new products, the ability to identify and make suitable acquisitions, as well as the factors described in the Company's Form 10-KSB, Forms 10-QSB and 10-Q, and other reports on file with the SEC.

IKONICS Corporation Condensed STATEMENTS OF OPERATIONS (unaudited) For the Three Months and Six Months Ended June 30, 2008 and 2007 Three Months Ended Six Months Ended 6/30/08 6/30/07 6/30/08 6/30/07 Net Sales $4,330,059 $4,374,677 $8,110,907 $7,882,444 Costs and expenses 3,791,173 3,934,716 7,524,901 7,446,150 Income from operations 538,886 439,961 586,006 436,294 Gain on sale of investment - - - 55,159 Interest income 23,697 36,724 67,372 69,631 Income before income taxes 562,583 476,685 653,378 561,084 Federal and state tax expense 204,146 145,283 189,303 90,585 Net income $358,437 $331,402 $464,075 $470,499 Earnings per common share-diluted $0.17 $0.16 $0.22 $0.23 Average shares outstanding- diluted 2,080,617 2,064,698 2,068,292 2,056,762 Condensed Balance Sheets As of June 30, 2008 and December 31, 2007 6/30/08 12/31/07 Assets (unaudited) Current assets $9,300,221 $9,315,737 Property, plant and equipment, net 2,391,985 1,320,591 Investment in non-marketable equity securities 855,201 855,201 Intangible assets 486,163 479,888 Deferred income taxes 11,000 11,000 $13,044,570 $11,982,417 Liabilities and Stockholders' Equity Current liabilities $1,376,334 $936,703 Long term debt - - Stockholders' equity 11,668,236 11,045,714 $13,044,570 $11,982,417

IKONICS Corporation

CONTACT: Bill Ulland, Chairman, President & CEO of IKONICS Corporation,
+1-218-628-2217

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

U.S. Retail E-Commerce Growth Rates Soften in May and JuneVideo Games, Consoles & Accessories Ranks as the Hottest Retail Category in Q2 versus Year Ago

RESTON, Va., July 31 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released its Q2 2008 retail e-commerce data, which showed that while year-over-year growth rates rebounded slightly in April (up 15 percent) after a soft March, they slowed again in May (up 12 percent) and June (up 11 percent). Nonetheless, total U.S. online retail sales (excluding travel) reached approximately $31 billion in Q2 2008. comScore CEO Magid Abraham and comScore Chairman Gian Fulgoni will discuss these data and other relevant e-commerce insights during the second installment of their quarterly webinar series, State of the U.S. Online Retail Economy, on Wednesday, August 6 at 3 p.m. ET (webinar details below).

Retail E-Commerce Growth Rates Excludes Auctions, Autos and Large Corporate Purchases Total U.S. - Home/Work/University Locations Source: comScore, Inc. Y/Y Percent Month Change Jun-07 25% Jul-07 22% Aug-07 28% Sep-07 19% Oct-07 19% Nov-07 20% Dec-07 18% Jan-08 12% Feb-08 14% Mar-08 9% Apr-08 15% May-08 12% Jun-08 11%

"With the first round of the government's economic stimulus checks having been mailed in early May, one would have hoped they would have bolstered online spending in May and June," said comScore Chairman Gian Fulgoni. "However, recent comScore research reveals that fully two thirds of consumers said they had not planned to spend their stimulus checks and rather intended to use the cash to pay off debt or put the money into savings, a finding we'll be taking a closer look at during next week's webinar. In addition, it's likely the impact of the stimulus may have been felt more offline, where a variety of merchants made it particularly easy for consumers to cash their checks at retail stores."

Video Games, Consoles & Accessories Remains a Hot Category

Video Games, Consoles & Accessories remains one of a handful of high- performing online retail categories, rising 73 percent in Q2 2008 versus the same quarter year ago on the strength of consoles like the Nintendo Wii. Furniture, Appliances & Equipment (up 65 percent) was another top performer, while Home & Garden (up 23 percent), Event Tickets (up 22 percent), and Sport & Fitness (up 21 percent) also performed significantly better than the average. Alternatively, categories like Flowers, Greetings & Miscellaneous Gifts, Jewelry & Watches, Computers, Peripherals & PDAs, Toys & Hobbies, and Music, Movies & Videos all experienced declines versus last year.

Growth in Retail e-Commerce Consumer Spending in Q2 2007 vs. Q2 2008 Total U.S. - Home/Work/University Locations Source: comScore, Inc. Percent Change Q2 2007 vs. Q2 2008 Product Category Total Retail Category (Excludes Travel) 13% Video Games, Consoles & Accessories 73% Furniture, Appliances & Equipment 65% Home & Garden 23% Event Tickets 22% Sport & Fitness 21% Consumer Electronics (excluding PC Peripherals) 5% Apparel & Accessories 13% Flowers, Greetings & Misc. Gifts -10% Jewelry & Watches -10% Computers, Peripherals & PDAs -11% Toys & Hobbies -11% Music, Movies & Videos -20%

Webinar Series: State of the U.S. Online Retail Economy The webinar presentation will include an overview of changes in consumers' online spending patterns from 2007 through the second quarter of 2008, survey findings that highlight consumer sentiments regarding the economy, an analysis of spending patterns across key product categories, retailer sectors and consumer demographic segments and an overview of the impact of search and comparison shopping sites on e-commerce spending.

To register for the free webinar being held on August 6 at 3 p.m. ET, please visit: https://www1.gotomeeting.com/register/319303917.

About comScore

comScore, Inc. is a global leader in measuring the digital world. For more information, please visit http://www.comscore.com/boilerplate.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)

Photo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com comScore, Inc.

CONTACT: Andrea Vollman of comScore, Inc., +1-312-775-6646,
press@comscore.com

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

Let a Verizon Wireless Test Man Be Your GuideInteresting Summer Drives From The Men And Women Who Test Drive America's Most Reliable Wireless Network

BASKING RIDGE, N.J., July 31 /PRNewswire/ -- Customers traveling this summer don't have to go far to find unique places to visit according to Verizon Wireless' Test Men and Women. The company's real-life Test Men and Women see some of the country's most interesting places -- from the Blue Ridge Mountains on the border of West Virginia to Metropolis, Ill., and Lake Texoma on the Oklahoma/Texas border to the Four Corners of Arizona, New Mexico, Colorado and Utah -- as they travel close to 1 million miles every year testing network performance, call quality and data network performance.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080731/NYTH007 )

Verizon Wireless has posted new profiles on the company's Test Men and Women Web site, located at http://news.vzw.com/testdriver/index.html. The profiles include answers to questions about the company's network testing and enhancement efforts, including most unique places to test the network, how the company uses the data collected, and thoughts on why Verizon Wireless needs to test its network every day.

Verizon Wireless' real-life Test Men and Women -- who inspired the company's iconic Test Man advertising campaign -- travel from coast to coast conducting more than 3 million voice call attempts and more than 16 million data tests annually on the Verizon Wireless network and the networks of competitors. The collected data helps Verizon Wireless plan the company's network improvement program, including placement of new cellular sites and expansion of existing call capabilities in growing communities. Over the past year, Verizon Wireless spent $6.5 billion to build and expand its nationwide network.

Among the Test Men picks for favorite U.S. spots are:

-- Midwest Area Test Man Gerald Wildermuth recommends the Superman statue in Metropolis as a unique place to visit. He says, "Yes, there really is a Metropolis -- it's in Illinois, and there's a Superman Museum."

-- Northeast Area Test Man Cedric Rogers recommends the Blue Ridge Mountains along the West Virginia border as a remote location where customers can enjoy the scenery and also enjoy network coverage. He says about the mountain area, "The outline and scenery of the Blue Ridge Mountains are spectacular."

-- South Area Test Man Ken Lee recommends Lake Texoma on the Oklahoma/Texas border, a place where Verizon Wireless' network continues to grow and expand. Lee says, "The Oklahoma/Texas border is so beautiful."

-- West Area Test Man Raymond Enriquez says, "The most unique place I've been is probably the four corners area of Arizona, New Mexico, Colorado and Utah."

Other favorites mentioned by Verizon Wireless' Test Men and Women include the mountains of Kentucky, recommended by Midwest Area Test Man Mike Trudell; Wild West City in Netcong, N.J., recommended by Northeast Area Test Woman Aline Griffith; Reynolds Plantation near Lake Oconee, Ga., recommended by South Area Test Man DeAnthony Norwood; and California's Kings Canyon and Sequoia National Parks, recommended by West Area Test Man Dan Kasper. To read all of the Verizon Wireless Test Men and Women's favorite U.S. testing spots, visit http://news.vzw.com/testdriver/index.html.

Verizon Wireless invites members of the news media who are interested in participating in ride-along test drives with the Test Men and Women from their area to see first-hand how the company monitors and tests its network to ensure efficient operation. Media interested in scheduling a ride-along or interview, can visit http://news.vzw.com/testdriver/index.html and e-mail or call the media contact listed under the appropriate profile.

About Verizon Wireless

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

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080731/NYTH007
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN2
PRN Photo Desk, photodesk@prnewswire.com Verizon Wireless

CONTACT: Tom Pica of Verizon Wireless, +1-908-559-7516,
Thomas.Pica@verizonwireless.com

Web site: http://www.verizonwireless.com/
http://www.news.vzw.com/testdriver/index.html
http://www.verizonwireless.com/multimedia

LoopNet Surpasses 3 Million Registered Members- The Most Heavily Trafficked Commercial Real Estate Web Site Adds 3 Millionth Member While Extending Its Lead in Monthly Unique Visitors -- More than 6 Times the Traffic of Any Other Commercial Real Estate Web Site -

SAN FRANCISCO, July 31 /PRNewswire-FirstCall/ -- LoopNet, Inc. , which operates the largest online commercial real estate marketplace, announced today that it surpassed 3 million registered members. In addition to the registered member milestone, last week comScore Media Metrix reported its June statistics which highlighted that LoopNet continues to extend its web site traffic lead relative to the competition. For the month of June, LoopNet generated 6.3 times the unique visitor traffic of the next nearest commercial real estate listing service.

"We are very excited to reach the 3 million member milestone, approximately 15 months after surpassing 2 million members. While registered member counts are important, we are equally proud that LoopNet generates more than 6 times the traffic of the next nearest online commercial real estate listing service," said Thomas Byrne, LoopNet's President and Chief Operating Officer. "With the most registered members, the largest number of unique visitors, and one of the industry's largest property databases of listings actively marketed for sale and for lease, we offer unparalleled value to commercial real estate professionals in marketing and searching for commercial properties."

Highlighted below are some of the key metrics and usage statistics of LoopNet.com:

# 1 in Members among Commercial Real Estate Listing Services * Registered Members -- more than 3 million registered members * Opt-In Email Recipients -- 830,000 opt-in subscribers to weekly LoopNews #1 in Web Site Traffic among Commercial Real Estate Listing Services * Unique Monthly Visitors -- 910,000 average unique monthly visitors YTD 2008 (according to comScore Media Metrix) * Profile Views -- more than 43 million profile views of listings (during 2nd quarter 2008) #1 Online Marketing Partner to Commercial Real Estate Firms * LoopLink powers more listings for more commercial real estate firm web sites than any other service. LoopLink clients include CB Richard Ellis, Grubb & Ellis, NAI Global, Colliers International, ONCOR International, CCIM Institute and SIOR. * Properties Available For Sale -- $525 Billion For Sale in aggregate * Properties Available For Lease -- 4.7 Billion Square Feet For Lease in aggregate

LoopNet's marketplace, available at http://www.loopnet.com/, covers all commercial property categories, including office, industrial, retail, multifamily (apartment buildings for sale), hotel, land, specialty properties, and businesses for sale. Becoming a LoopNet registered member is FREE. Registered members can search and list properties on LoopNet for FREE. Premium Membership is an optional upgrade that provides members with the most powerful online marketing and property searching tools available.

About LoopNet

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

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

LoopNet owns and operates Cityfeet.com, the largest online newspaper network serving the commercial real estate industry. LoopNet also owns and operates BizBuySell.com, the largest and most heavily trafficked online exchange for businesses for sale in North America, with more business listings, users and search activity than any other web site. BizBuySell also has the largest database of sale comparables for recently sold businesses.

Forward-Looking Statements

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

LoopNet, Inc.

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

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

quadrantONE Announces New CEOAndy Ellenthal, Online Sales Innovator and Builder of Advertising Sales Organizations, to Lead quadrantONE's Next Phase of Growth

NEW YORK, July 31 /PRNewswire/ -- quadrantONE, a joint venture of major media companies that focuses on premium advertisers seeking high-quality audiences and national reach, announced today that Andy Ellenthal has been named the company's full-time CEO. Since its formation in February, quadrantONE had been led part-time on an interim basis by Dana Hayes, who will remain a quadrantONE board member and resume his full-time duties as Senior Vice President of Sales at Tribune Interactive. Launched earlier this year, quadrantONE's investors include Tribune Company, Gannett Co., Inc., Hearst Corporation and The New York Times Company.

Michael Zimbalist, speaking for quadrantONE's Board of Directors said, "We are delighted to announce Andy's appointment as CEO, and are thrilled to have someone with his entrepreneurial background and proven track record as a builder of online sales teams, to lead quadrantONE in its next phase of growth. We also thank Dana Hayes for successfully guiding quadrantONE through its launch, and we look forward to Dana's continued insights and guidance as an active member of the board."

Ellenthal comes to quadrantONE from his most recent position as Senior Vice President at Visible World, where he played a key role in helping the company build its revenue streams, and increase sales. Prior to that, he served as a senior executive at PointRoll, where he dramatically increased the company's sales and revenues, and retooled and redirected the company's sales management and operational structure. Ellenthal has been in the online advertising space for almost ten years and brings with him a potent combination of media sales, technological savvy, and creativity.

Ellenthal said, "quadrantONE represents a unique opportunity to leverage my expertise in media sales to help solve the important problem of agencies and national advertisers - whether being able to easily execute large national buys through aggregated local inventory, or purchase high quality sites and audiences as an alternative to the portals." He concluded, "Having already made significant progress lining up advertising partners and growing our affiliate network, I am excited about joining quadrantONE at such an important time, and look forward to making quadrantONE the driving force in local media for national advertisers."

Since launching in February, the quadrantONE network has developed a reach of nearly 40 million monthly unique visitors [Source: Comscore, May, 2008]. quadrantONE, for the first time, offers advertisers the capability to consistently deliver their brands and messages on a national scale through advertising with the well-established and trusted online newspaper and broadcasting sites of the participating media companies.

The quadrantONE network covers the nation's top markets including New York, Los Angeles, Chicago, San Francisco, Boston, Atlanta, Houston, Phoenix, Detroit, Dallas, Philadelphia, Washington, D.C., Baltimore, Cincinnati, Denver, Orlando, San Antonio, Sarasota, Ft. Lauderdale, San Jose and Albany, N.Y. A full list of participating Web sites is available at http://www.quadrantone.com/.

As CEO, Andy Ellenthal will be based in Manhattan, and can be reached at aellenthal@quadrantone.com.

About Andy Ellenthal

Andy Ellenthal is a top online sales management professional with close to 20 years of experience building and leading companies in the advertising sales space. Among others, he has held senior positions with Visible World, PointRoll, and Doubleclick. Before entering the online advertising space, Ellenthal worked in print media sales for niche technology and lifestyle publications. He is a graduate of Trinity University, San Antonio, and lives in Old Greenwich, CT, with his wife and four children.

About quadrantONE

quadrantONE enters the marketplace with a new approach to selling premium online advertising to national brands. This well-funded online startup offers a cohesive national alliance of hundreds of local, credible Web sites. Backed by four of the nation's top media companies, quadrantONE offers exclusive ad inventory (home page, sports, business, entertainment, etc) on premium news and information sites across the nation's top local markets. For the first time, advertisers can consistently deliver their brand and message on a national scale in context with local relevancy in environments they know and that consumers trust.

To advertise with quadrantONE, contact: Donna Stokley, Senior Vice President, Sales dstokley@quadrantone.com 213-473-2557 To become a quadrantONE affiliate company, contact: Mimi Wotring, Vice President, Affiliations Operations Mwotring@quadrantone.com 312-222-7830 About Tribune Company

Tribune is America's largest employee-owned media company, operating businesses in publishing, interactive and broadcasting. In publishing, Tribune's leading daily newspapers include the Los Angeles Times, Chicago Tribune, Newsday (Long Island, N.Y.), The Sun (Baltimore), South Florida Sun-Sentinel, Orlando Sentinel and Hartford Courant. The company's broadcasting group operates 23 television stations, Superstation WGN on national cable, Chicago's WGN-AM and the Chicago Cubs baseball team. Popular news and information Web sites complement Tribune's print and broadcast properties and extend the company's nationwide audience.

About Gannett Co., Inc.

Gannett is a leading international news and information company that publishes 85 daily newspapers in the USA, including USA TODAY, the nation's largest-selling daily newspaper. The company also owns nearly 1,000 non-daily publications in the USA and USA WEEKEND, a weekly newspaper magazine. Gannett subsidiary Newsquest is the United Kingdom's second largest regional newspaper company. Newsquest publishes nearly 300 titles, including 18 daily newspapers, and a network of prize-winning Web sites. Gannett also operates 23 television stations in the United States and is an Internet leader with sites sponsored by its TV stations and newspapers including USATODAY.com, one of the most popular news sites on the Web.

About Hearst Corporation

Hearst Corporation (http://www.hearst.com/) is one of the nation's largest diversified media companies. Its major interests include ownership of 12 daily and 31 weekly newspapers, including the San Francisco Chronicle, Houston Chronicle and Albany Times Union; as well as interests in an additional 47 daily and 38 non-daily newspapers owned by MediaNews Group which include the Denver Post and Salt Lake Tribune; nearly 200 magazines around the world, including Cosmopolitan and O, The Oprah Magazine; 29 television stations through Hearst-Argyle Television which reach a combined 18% of U.S. viewers; ownership in leading cable networks, including Lifetime, A&E, The History Channel and ESPN; as well as business publishing, including a joint venture interest in Fitch Ratings; Internet businesses, television production, newspaper features distribution and real estate.

About The New York Times Company

The New York Times Company , a leading media company with 2007 revenues of $3.2 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers, WQXR-FM and more than 50 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.

Media contact: Michael G. Frenkel M. Frenkel Communications 212-808-6556/Mobile: 201-317-7035 michael@mfcpr.com

quadrantONE

CONTACT: Michael G. Frenkel of M. Frenkel Communications,
+1-212-808-6556, Mobile: +1-201-317-7035, or michael@mfcpr.com

Web site: http://www.quadrantone.com/
http://www.hearst.com/

African-American Youth Convene Global Conference on Civic LeadershipFour-Day Conference Brings Together Leaders in Business, Media and the Arts

CHARLOTTESVILLE, Va., July 31 /PRNewswire/ -- The Ron Brown Scholar Program, the nation's leading scholarship program for African-American youth, will convene a leadership conference in Charlottesville next week, sponsored by Verizon Business, to help propel African-American youth nationwide into global leadership positions.

The 2008 Triennial Leadership Conference -- Local Service, Global Change -- is set for August 6 - 10 and will bring together nearly 240 Ron Brown Scholars and leading minds from the public and private sectors to help accelerate the entry of young African-Americans into civic leadership and further enhance opportunities in fields including public policy, media, health care, education and business.

"This conference is about seeking out and cultivating America's next black leaders," said Anthony Pilaro, founder of the Ron Brown Scholar Program and chairman of the CAP Charitable Foundation. "This is the fourth conference of its kind, created to bring young people together to demonstrate that through unity and cooperation any social challenge can be overcome."

Pilaro will also serve as keynote speaker at the conference, addressing the role philanthropic organizations play in advancing academic opportunities for African-American youth. Previous conferences have addressed topics covering corporate citizenship, public health, and urban renewal, among others.

Verizon Business joins the Ron Brown Scholar program in this mission by serving as title sponsor for the Leadership Conference. "At Verizon Business, we embrace the theme of this year's conference as a way of doing business," said Terri Dean, senior vice president of global communications at Verizon Business and chairman of the Ron Brown Scholar Program Advisory Board. "We are a global player, but we never forget that innovation and progress always start locally. This conference will foster an important dialogue among the world's next generation of leaders, who will confront the growing challenges of our global community."

In addition to Pilaro and Dean, the Leadership Conference will feature several other prominent speakers who will stress the importance of service as a requirement of leadership. Other speakers include: Tom Werner, chairman of the World Series Champion Boston Red Sox and creator of "The Cosby Show"; Diana Dougan, former U.S. ambassador; Wendy Kopp, president of Teach for America; and Marva Smalls, executive vice president for public affairs for Nickelodeon.

Michael Mallory, executive director of the Ron Brown Scholar Program, said: "The Ron Brown Scholar Program Leadership Conference is a catalyst for our efforts to bring more young people together and challenge them to solve national and international problems by serving as leaders in their own communities. We are also thrilled to have Verizon Business on board and applaud their passion for helping youth around the country excel academically so they may in turn help others succeed."

In addition to keynote speakers, a series of panel discussions will take place over the five days highlighting a variety of social topics ranging from "New Orleans: A Prophetic City" to "U.S. Foreign Policy -- Power Shift." The conference will be capped off with a special presentation by Werner, the Boston Red Sox chairman. A special benefit performance will follow featuring two Ron Brown Scholars: playwright Katori Hall and R&B singer/songwriter Sparlha Swa. The event is open to the public, and tickets can be purchased by visiting http://www.theparamount.net/ or contacting the Paramount Box Office at 434-979-1333.

Additional information on the Ron Brown Scholar Program Leadership Conference and biographies of the speakers are available at http://www.ronbrown.org/.

About the Ron Brown Scholar Program

Named for the late Secretary of Commerce and inspired by his dedication to public service, the Ron Brown Scholar Program was established in 1996 to provide academic scholarships, service opportunities and leadership experiences for young African Americans of outstanding promise. The Program seeks to accelerate their progress into the mainstream of leadership positions in business, education, government and a wide spectrum of professions, while instilling a dedication to leadership and service.

About Verizon Business

Verizon Business, a unit of Verizon Communications , operates the world's most connected public IP network and uses its industry-leading global-network capabilities to offer large-business and government information technology (IT) products and services to deliver leading enterprise solutions including managed services, security, mobility customers an unmatched combination of security, reliability and speed. The company integrates advanced IP communications and, collaboration and professional services. These solutions power innovation and enable the company's customers to do business better. For more information, visit http://www.verizonbusiness.com/.

Verizon Business

CONTACT: Marc Destito, +1-202-491-3873, mdestito@clsdc.com; or Stefanie
Scott, +1-512-495-6730, stefanie.scott@verizon.com, of Verizon Business

Web Site: http://www.ronbrown.org/
http://www.theparamount.net/
http://www.verizonbusiness.com/

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

J.D. Power and Associates Reports: Canon, Fujifilm, Nikon, Panasonic and Sony Model Series Rank Highest in Their Respective Segments in Digital Camera Owner SatisfactionWeather Proofing and Built-In Memory Features are Most Desired by Owners for Future Cameras

WESTLAKE VILLAGE, Calif., July 31 /PRNewswire/ -- The Canon EOS Digital SLR, Canon PowerShot G, Fujifilm Finepix S, Lumix (Panasonic) DMC-TZ, Nikon D and Sony Cyber-shot T series rank highest in customer satisfaction with digital cameras in their respective segments, according to the J.D. Power and Associates 2008 Digital Camera Usage and Satisfaction Study(SM) released today.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050527/LAF028LOGO-a)

The study examines camera model lines in four body-style segments: point and shoot, premium point and shoot, ultra slim and digital single-lens reflex (DSLR). In each segment, four factors are measured to determine customer satisfaction: picture quality, performance, ease of operation, and appearance and styling.

The Fujifilm Finepix S series ranks highest in the point and shoot segment with an index score of 757 on a 1,000-point scale, performing particularly well in picture quality, performance and ease of operation. Kodak model series also perform well in the segment and follow the Fujifilm Finepix S in the rankings with the Kodak V series (739), Kodak Z series (731) and Kodak M Series (727).

Among premium point and shoot cameras, the Canon PowerShot G series and the Lumix (Panasonic) DMC-TZ series tie to rank highest, each receiving a score of 773. The Canon PowerShot, in particular, performs well in the picture quality and ease of operation factors. The Lumix (Panasonic) DMC-FZ series follows in the segment with a score of 766, receiving high ratings from customers in the performance factor.

In the ultra slim segment, the Sony Cyber-shot T series leads with 794, performing particularly well in all four factors driving customer satisfaction. The Casio Exilim Zoom series (766) ranks second and the Fujifilm FinePix Z series closely follows to rank third with 761.

The Canon EOS Digital SLR and Nikon D series both rank highest in a tie among DSLR cameras, each receiving a score of 823. The Canon EOS Digital SLR receives notably high ratings from customers in picture quality, while the Nikon D series-which ranks highest for a second consecutive year-performs particularly well in ease of operation, performance, and appearance and styling.

The study finds that among features that owners want in their next camera, weatherproofing is mentioned most frequently by owners in both the point and shoot (67%), and premium point and shoot (68%) segments, while ultra slim owners desire 4 GB internal memory capacity and DSLR owners desire waterproofing (63%).

"Digital camera manufacturers are constantly adding new features in efforts to differentiate themselves from their competitors," said Larry Wu, senior director of the technology practice at J.D. Power and Associates. "However, in adding new features, ease of use becomes critical in maintaining satisfaction, as average satisfaction scores are 235 points lower among customers who say their features were difficult to use, compared with those customers who say the features were easy to use. Designing features with the consumer in mind and providing clear and concise instructions can help maintain high satisfaction levels with new features and functions."

The study also finds the following key trends:

-- The resources that camera owners used most frequently during the shopping process to research digital cameras are consistent across all segments, with Internet product and review sites being the most frequently cited resource. Information or recommendations from family and friends, print reviews and in-store salespeople follow as other frequently used resources.

-- DSLR owners take the most photos in one month, averaging 454 images, followed by premium point and shoot owners (159), ultra slim owners (96), and point and shoot owners (83).

-- Customers who purchased an extended warranty report significantly higher overall satisfaction scores (768, on average) with their cameras, compared with owners who did not purchase a warranty (732, on average). In 2008, 23 percent of DSLR, 17 percent of premium point and shoot, 16 percent of ultra slim and 13 percent of point and shoot owners purchased an extended warranty for their digital camera.

The 2008 Digital Camera Usage and Satisfaction Study is based on responses from more than 8,000 consumers who purchased a digital camera between April 2007 and March 2008. The study was fielded in June and July 2008.

For more information on digital camera ratings, please click here: http://www.jdpower.com/electronics/ratings/digital-camera-ratings

Customer Satisfaction Index Ranking: (Based on a 1,000-point scale) Point and Shoot Segment ModelSeries Overall Satisfaction Score Power Circle Rating Fujifilm Finepix S Series 757 5 Kodak V Series 739 4 Kodak Z Series 731 4 Kodak M Series 727 4 HP Photosmart R series 726 4 Olympus Stylus Series 723 4 Sony Cyber-shot S Series 720 4 Samsung S Series 719 4 Nikon Coolpix Life (L) Series 714 3 Point and Shoot Segment Average 711 3 Lumix (Panasonic) DMC-LZ Series 710 3 Kodak C Series 708 3 Polaroid I Series 705 3 Fujifilm Finepix A Series 704 3 Olympus FE Series 704 3 HP Photosmart M Series 700 3 Canon PowerShot A Series 691 2

Note: The Point and Shoot segment consists of traditional fixed lens cameras with a depth greater than one inch and an average sale price of less than $230.

Included in the study but not ranked due to small sample size are: HP Photosmart E Series, HP Photosmart R Series, Nikon Coolpix Life (L) Series, Polaroid I Series and Samsung L Series.

Premium Point and Shoot Segment Model Series Overall Satisfaction Score Power Circle Rating Canon PowerShot G Series 773 5 Lumix (Panasonic) DMC-TZ Series 773 5 Lumix (Panasonic) DMC-FZ Series 766 4 Canon PowerShot S Series 758 3 Sony Cyber-shot H Series 757 3 Premium Point and Shoot Segment Average 755 3 Canon Digital Elph (SD) Series 754 3 FuljiFilm S Series 749 3 Kodak Z Series 743 2 Canon PowerShot A Series 741 2 Olympus SP Series 741 2 Canon PowerShot SX Series 738 2 Nikon Coolpix Performance (P) Series 733 2

Note: The Premium Point and Shoot segment consists of traditional fixed lens cameras with a depth greater than one inch and an average sale price of $230 or greater.

Included in the study but not ranked due to small sample size are: Casio Exilim Zoom Series, Fujifilm FinePix F Series, General Electric A Series, General Electric E Series, Lumix (Panasonic) DMC-LS Series, Nikon Coolpix Performance (P) Series and Polaroid T Series.

Ultra Slim Segment Model Series Overall Satisfaction Score Power Circle Rating Sony Cyber-shot T Series 794 5 Casio Exilim Zoom Series 766 4 Fujifilm FinePix Z Series 761 4 Sony Cyber-shot W Series 756 4 Olympus FE Series 752 3 Olympus Stylus Series 749 3 Lumix (Panasonic) DMC-FX Series 748 3 Ultra Slim Segment Average 745 3 Casio Exilim Card Series 744 3 Kodak M Series 744 3 Kodak V Series 743 3 Canon Digital Elph (SD) Series 742 3 Sony Cyber-shot S Series 739 3 Nikon Coolpix Performance (P) Series 729 3 Fujifilm FinePix F Series 710 2 Pentax Optio W Series 699 2

Note: The Ultra Slim segment consists of traditional fixed lens cameras with a depth of one inch or less.

Included in the study but not ranked due to small sample size are: Sony Cyber-shot W Series, HP Photosmart R Series and Lumix (Panasonic) DMC-FX Series.

Digital Single Lens Reflex (DSLR) Segment Model Series Overall Satisfaction Score Power Circle Rating Canon EOS Digital SLR 823 5 Nikon D Series 823 5 DSLR Segment Average 820 3 Olympus E-System Series 803 2 Pentax K DSLR Series 799 2 Sony a (Alpha) DSLR Series 798 2

Note: The Digital Single Lens Reflex (DSLR) segment consists of cameras with interchangeable lenses with sophisticated features and controls.

About J.D. Power and Associates

Headquartered in Westlake Village, Calif., J.D. Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, training and customer satisfaction. The company's quality and satisfaction measurements are based on responses from millions of consumers annually. For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.

About The McGraw-Hill Companies

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2007 were $6.8 billion. Additional information is available at http://www.mcgraw-hill.com/.

J.D. Power and Associates Media Relations Contacts: John Tews Syvetril Perryman Troy, Mich. Westlake Village, Calif. (248) 312-4119 (805) 418-8103 john.tews@jdpa.com syvetril.perryman@jdpa.com

No advertising or other promotional use can be made of the information in this release without the express prior written consent of J.D. Power and Associates. http://www.jdpower.com/corporate

Photo: http://www.newscom.com/cgi-bin/prnh/20050527/LAF028LOGO-a
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com J.D. Power and Associates

CONTACT: John Tews, Troy, Mich., +1-248-312-4119, john.tews@jdpa.com, or
Syvetril Perryman, Westlake Village, Calif., +1-805-418-8103,
syvetril.perryman@jdpa.com, both of J.D. Power and Associates

Web site: http://www.jdpower.com/
http://www.mcgraw-hill.com/

Hamilton Sundstrand Acquires Spain-based Marelli Pumps

WINDSOR LOCKS, Conn., July 31 /PRNewswire/ -- Hamilton Sundstrand, a subsidiary of United Technologies Corp. , has acquired privately-held Marelli Pumps, a leader in the design and manufacture of heavy duty centrifugal pumps. Terms of the deal were not disclosed.

Marelli, based in Illescas, Toledo, Spain, supplies a wide range of centrifugal pumps for customers in the oil, petrochemical, chemical, industrial process, water and firefighting industries. It has approximately euros 30 million in annual sales and operates in Spain, Southern Europe and the Middle East. It will become part of Sundyne, one of Hamilton Sundstrand's three industrial companies.

"We are extremely pleased to have Marelli, and its 150 employees, join the Hamilton Sundstrand Industrial team," said Stephen Oswald, president of Hamilton Sundstrand's Industrial division. "This acquisition expands the oil and gas product offering to our customers and provides opportunities to expand Marelli geographically."

The Hamilton Sundstrand Industrial division includes Milton Roy, Sundyne and Sullair.

Headquartered in Arvada, Colo., Sundyne Corp. is a leading global manufacturer of engineered pumps and compressors serving process industries worldwide. Additional information can be found at http://www.sundyne.com/.

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

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

Contact: Dan Coulom

860-654-3469

Hamilton Sundstrand

CONTACT: Dan Coulom of Hamilton Sundstrand, +1-860-654-3469

Web site: http://www.hamiltonsundstrand.com/
http://www.sundyne.com/

Army Awards Stanley ID/IQ Contract to Support INSCOM Futures Directorate Technology Insertion Program

ARLINGTON, Va., July 31 /PRNewswire-FirstCall/ -- Stanley, Inc. , a leading provider of systems integration and professional services to the U.S. federal government, today announced that it has been awarded a five-year, indefinite-delivery, indefinite-quantity (ID/IQ) contract with a $300 million ceiling by the U.S. Army Intelligence and Security Command (INSCOM), Futures Directorate. The Futures Directorate Technology Insertion Program is a multi-award ID/IQ contract.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040106/DCTU010LOGO )

"Stanley is proud to continue to support this mission of strategic importance to the United States," said Phil Nolan, chairman, president and CEO of Stanley. "And, we look forward to providing our technology, engineering and integration services to support INSCOM's worldwide Intelligence operations through this program."

Headquartered at Fort Belvoir, Va., INSCOM plans and conducts intelligence, security, and information operations for the U.S. Army and its military commanders. The Futures Directorate technology insertion mission is to develop and integrate forward-looking technology to enhance the mission of INSCOM through an ever-evolving architecture of hardware, software and advanced intelligence tactics, techniques and procedures.

About Stanley

Stanley is a provider of information technology services and solutions to U.S. defense and federal civilian government agencies. Stanley offers its customers systems integration solutions and expertise to support their mission-essential needs at any stage of program, product development or business lifecycle through five service areas: systems engineering, enterprise integration, operational logistics, business process outsourcing, and advanced engineering and technology. Headquartered in Arlington, Va., the company has more than 4,400 employees at over 100 locations in the U.S. and worldwide. In 2008 and 2007, Stanley was recognized by FORTUNE(R) magazine as one of the "100 Best Companies to Work For." Please visit http://www.stanleyassociates.com/ for more information.

Any statements in this press release about our future expectations, plans and prospects, including statements containing the words "estimates," "anticipates," "plans," "expects" and similar expressions, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors discussed in our Annual Report on Form 10-K for the fiscal year ended March 31, 2008, as filed with the Securities and Exchange Commission (SEC), and additional filings we make with the SEC. In addition, the forward-looking statements included in this press release represent our views as of the date of this release. We assume no obligation to update publicly or revise any forward-looking statements made herein or any other forward-looking statements made by us, whether as a result of new information, future events or otherwise.

Photo: http://www.newscom.com/cgi-bin/prnh/20040106/DCTU010LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com Stanley, Inc.

CONTACT: Joelle Pozza of Stanley, Inc., +1-703-310-3218,
Joelle.Pozza@stanleyassociates.com

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

Verizon Wireless Boosts Wireless Coverage in Lake County, Florida, With New Digital Cell Site on Montverde Water Tower

ORLANDO, Fla., July 31 /PRNewswire/ -- The Montverde water tank will now host an additional key municipal service as Verizon Wireless has activated a new advanced digital cell site on the water tower just off County Road 455. The new transmission site will enhance wireless coverage throughout the Central Florida town, especially to the new Bella Collina golf club community and the Montverde Academy boarding and day school.

With the new site, which utilizes high-speed Evolution-Data Optimized (EV-DO) Revision A (Rev. A) technology, customers will enjoy clearer call reception and faster speeds when downloading music and games and sending text, picture and video messages. Customers using BroadbandAccess, the company's high-speed business data service, can now expect average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500-800 kbps.

The new cell site is part of the company's continuing investment to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Florida and throughout the country. Verizon Wireless has invested more than $1.7 billion in Florida and more than $45 billion nationally since the company was formed. The company spent $175 million to enhance services and coverage throughout Florida during 2007 alone.

About Verizon Wireless

Verizon Wireless

CONTACT: Chuck Hamby of Verizon Wireless, +1-813-615-4803,
Chuck.Hamby@verizonwireless.com

Web site: http://www.verizonwireless.com/
http://www.verizonwireless.com/multimedia

Garmin(R) Announces Completion of the Acquisition of Its Austrian Distributor

CAYMAN ISLANDS, July 31 /PRNewswire-FirstCall/ -- Garmin Ltd. announced today that it has completed the acquisition of Puls Elektronik GmbH, the distributor of Garmin's consumer products in Austria. The company will be renamed Garmin Austria GmbH and will retain its management, sales, marketing and supporting staff, consisting of approximately 30 people, and will continue operations at its current headquarters located in Nestelbach/Graz, Austria.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO)

Dr. Min Kao, chairman and CEO of Garmin Ltd., said, "We welcome the Puls Elektronik team into the Garmin family. They have been successful in making the Garmin brand the market leader in Austria and we expect the completion of this acquisition to enable us to achieve additional efficiencies and improve our ability to support key retail channels and OEMs in Austria."

Financial terms of the transaction were not released. About Garmin Ltd.

The global leader in satellite navigation, Garmin Ltd. and its subsidiaries have designed, manufactured, marketed and sold navigation, communication and information devices and applications since 1989 -- most of which are enabled by GPS technology. Garmin's products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at http://www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin is a registered trademark of Garmin Ltd.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 29, 2007 filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin's Form 10-K can be downloaded at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Photo: http://www.newscom.com/cgi-bin/prnh/20061026/CGTH082LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Garmin Ltd.

CONTACT: Ted Gartner or Jessica Myers, both of Garmin International
Inc., +1-913-397-8200, media.relations@garmin.com

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

AT&T Announces New Managed Services Contract With American Nuclear Insurers

GLASTONBURY, Conn., July 31 /PRNewswire-FirstCall/ -- AT&T Inc. today announced a data services contract with American Nuclear Insurers (ANI), a joint underwriting association that provides liability insurance for nuclear facilities throughout the United States. Under the terms of the contract, AT&T will serve as ANI's primary data services provider, delivering AT&T Secure E-mail Gateway service and AT&T Web Security to the company's headquarters.

AT&T Secure E-mail Gateway service will provide ANI with network-based e-mail security and message management. The service will help ensure the integrity of e-mail messages before entering the ANI network by providing a first line of defense that safely builds a bridge between the Internet and the network. ANI will also use the solution's E-mail Continuity feature, which will support an online e-mail database for the company's e-mail correspondence. With E-mail Continuity, the service maintains a copy of e-mail and attachments separate from the production environment. Should ANI's mail server or Internet connection fail, ANI employees can immediately switch to a Web-based e-mail client provided by AT&T. When normal service is restored, AT&T will synchronize with ANI's mail server.

"Due to the nature of our business, it is critical that we have e-mail and network security measures in place, ensuring secure employee-customer communications and data backup," said Daniel Antion, vice president, American Nuclear Insurers. "By implementing security services provided by AT&T, we are confident that our network will be protected from viruses or other service interruptions, resulting in better productivity and enhanced customer service."

With the increasing demands of mobile users, ANI needed a solution that would support secure communications between employees and customers, as well as an effective system for data backup. Additionally, ANI will use AT&T Web Security to monitor and help prevent Internet attacks in the form of viruses and spyware, which could migrate from users' PCs to the company network. The service is maintained by AT&T, providing ANI with the reassurance that AT&T will provide protection for the company from viruses and spyware before they can even hit the network.

About American Nuclear Insurers

American Nuclear Insurers (ANI) is a joint underwriting association that acts on behalf of its member companies. ANI directly writes nuclear liability insurance for nuclear facilities in the United States, and assumes reinsurance shares on nuclear business written by other nuclear pools and mutual insurers throughout the world. For more information about American Nuclear Insurers, visit amnucins.com.

About AT&T

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

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

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

AT&T Inc.

CONTACT: Alyson Cavalere, +1-617-267-8223,
alyson.cavalere@fleishman.com, for AT&T Inc.

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

Cimatron Group to Present New CAD/CAM Solutions for Tooling and Manufacturing at IMTSWill Showcase New Versions for CimatronE and GibbsCAM

GIVAT SHMUEL, Israel, July 31 /PRNewswire-FirstCall/ -- Cimatron Ltd. , a leading provider of integrated CAD/CAM solutions for tool making and manufacturing, will present new versions of the CimatronE and GibbsCAM product lines at the upcoming International Manufacturing Technology Show (IMTS), which will take place September 8-13 in Chicago, Illinois.

"IMTS attendees will have a unique opportunity to get up to speed on the latest advancements in tooling and manufacturing," said Bill Gibbs, President of Gibbs and Associates and Cimatron Group North America. "It is also an exciting opportunity for the Cimatron Group to present the breadth and depth of our two product lines-CimatronE and GibbsCAM-under the same roof. We look forward to meeting with the industry's leaders at this important event."

CimatronE CAD/CAM Solutions for Toolmakers and Manufacturers - Booth D 3037

The CimatronE solution suite provides integrated CAD/CAM solutions for mold, tool, and die makers, as well as manufacturers of discrete parts. CimatronE solutions streamline the entire design to manufacturing cycle, enabling tool makers and manufacturers to shorten product delivery time. Specialized applications for mold and die makers save time with high level of automation, while empowering the experienced user with full flexibility to control the entire process. The hybrid environment enables toolmakers to work in 2D or 3D and use surface or solid operations interchangeably to best match the task at hand.

New CimatronE applications and enhancements presented at the IMTS include solutions for die quoting and transfer die design, a new electrode CMM application, and many other new features and enhancements to CimatronE's mold and die design and NC applications.

GibbsCAM Solutions for Discrete Production - Booth D-3001

GibbsCAM solutions provide a broad range of CNC programming capabilities for milling, turning, mill-turn, rotary milling, tombstone-fixtured, wire-EDM, and multi-turret/multi-spindle machining. Modeling functionality tuned specifically for manufacturing supports the creation and manipulation of wireframe, surface, and solid geometries. Featuring an intuitive user interface, built-in associativity, and simulation capabilities, GibbsCAM empowers manufacturers to increase productivity and elevate responsiveness to customer requirements and design changes.

New GibbsCAM capabilities presented at the IMTS include advanced 3-axis milling functionality with support for high-speed machining (HSM).

The IMTS will be held September 8-13 at the McCormick Place in Chicago, Illinois. For information and registration, visit http://imts.com/.

About Cimatron

With over 25 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts. Cimatron is committed to providing comprehensive, cost-effective solutions that streamline manufacturing cycles, enable collaboration with outside vendors, and ultimately shorten product delivery time.

The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design, die design, electrodes design, 2.5 to 5 axes milling, wire EDM, turn, mill-turn, rotary milling, multi-task machining, and tombstone machining. Cimatron's subsidiaries and extensive distribution network serve and support customers in the automotive, aerospace, medical, consumer plastics, electronics, and other industries in over 40 countries worldwide.

Cimatron is publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit the company web site at: http://www.cimatron.com/.

About Gibbs and Associates and GibbsCAM

For over 20 years, Gibbs and Associates has been a leader in providing cutting edge CAD/CAM technology, while maintaining its signature ease-of-use and productivity. Powerfully Simple, Simply Powerful is the guiding philosophy at Gibbs. Gibbs believes in empowering the NC programmer, machinist, and manufacturing engineer, not eliminating them. Gibbs' goal is to introduce manufacturers to new technologies and new ways of working that makes their machining easier and their businesses more profitable. To achieve this goal, Gibbs creates tools that are naturally intuitive, graphically interactive, extremely visual, associative, and just plain enjoyable to use. Gibbs provides a total quality solution with the service and support successful customers require.

In January 2008, Gibbs and Associates merged with Cimatron Ltd, and is now operating as a Cimatron company. For more information about Gibbs and Associates and its CAM software packages, call +1-800-654-9399, or visit the company on-line at http://www.gibbscam.com/.

This press release includes forward looking statements, within the meaning of the Private Securities Litigation Reform Act Of 1995, which are subject to risk and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to the company's plans, objectives and expected financial and operating results. The words "may," "could," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions or variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of the future performance and involve risks and uncertainties, many of which are beyond the company's ability to control. The risks and uncertainties that may affect forward looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, marketing demand for Cimatron products and services, long sales cycle, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties of the business, refer to the Company's filings with the Securities and Exchanges Commission. The company cannot assess the impact of or the extent to which any single factor or risk, or combination of them, may cause. Cimatron undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

For More Information Contact: Idit Pass Lagziel Ilan Erez Yael Nevat Marketing Manager Chief Financial Officer Commitment-IR.com Cimatron Ltd. Cimatron Ltd. Phone: +972-3-611-4466 Phone: +972-3-5312098 Phone: +972-3-531-2121 +972-50-762-6215 Email: Email: Email: iditp@cimatron.com ilane@cimatron.com yael@commitment-IR.com

Cimatron Ltd

CONTACT: For More Information Contact: Idit Pass Lagziel, Marketing
Manager, Cimatron Ltd. Phone: +972-3-5312098, Email: iditp@cimatron.com; Ilan
Erez, Chief Financial Officer, Cimatron Ltd. Phone: +972-3-531-2121, Email:
ilane@cimatron.com; Yael Nevat, Commitment-IR.com, Phone: +972-3-611-4466,
+972-50-762-6215, Email: yael@commitment-IR.com

Attention-Grabbing Free Graphics From Webfetti.com Expand Beyond the Social Networking and Into eBay CommerceNew, Easy-to-Use Webfetti(TM) Graphics Make eBay Offerings Stand Out and Accentuate Auction-Appeal

WHITE PLAINS, NY, July 31 /PRNewswire-FirstCall/ -- Sellers on eBay(R), the leading Internet auction website can now add an eye-catching edge to their offered product listings, thanks to a newly expanded array of free-for-the- asking graphics applications from Webfetti, the globally popular graphics website.

Long a favorite with users of social networking sites such as Facebook(R) and MySpace(R) seeking to design, customize, animate and generally "pimp out" their various personal pages, Webfetti.com offers easy to use layouts and thousands of exclusive fun graphics -- from dynamic Smiley Central(R) emoticons and 3D effects to attention-getting glitter and glitz -- that are now striking a popular and creative chord with the eBay seller-set and adding considerable pizzazz to eBay auction listings.

What's more, the Webfetti folks have created eBay specific glitter graphics and auction countdown clocks so that users can highlight the hyperbole and accentuate auction listings. Users can also choose from among the more than 30,000 Webfetti assets, including graphics and custom text and photo generators.

"This was truly a user-inspired development for our Webfetti toolbar," said Tim Allen, vice president of product management for IAC Consumer Applications & Portals, Inc. "When we discovered that a handful of innovative and enterprising eBay sellers were adding Webfetti graphics to their auction listing pages to make them more visually appealing, we set out to make sure that the Webfetti/eBay compatibility and usability is open and accessible."

To further that end, a special Webfetti guide for eBay users wishing to add a dash of panache to their product presentations and a bit of sales- building style to their auction ads has been created. The easily accessible Webfetti-eBay tutorial is available at http://gallery.webfetti.com/webfetti/ebayTutorial.jhtml.

About IAC Consumer Applications & Portals, Inc. ("IAC CAP") IAC CAP, a wholly owned business of IAC/InterActiveCorp , is a leading web developer of consumer applications and portals which enable users to creatively and visually express themselves online. IAC CAP brands include Zwinky(TM), Smiley Central(R), Webfetti(TM), IWON(R), Popular Screensavers(TM), MyFunCards(TM), Cursor Mania(TM), as well as the Excite(R) and MyWay(TM) portals.

IAC Consumer Applications & Portals, Inc.

CONTACT: Deborah Szajngarten, +1-914-826-2153,
deborah.szajngarten@IACcap.com, of IAC Consumer Applications and Portals,
Inc.

Web site: http://www.funwebproducts.com/
http://gallery.webfetti.com/webfetti/ebayTutorial.jhtml
http://webfetti.com/

Dynamics Research Corporation to Acquire Kadix SystemsAcquisition Enhances DRC's High-End Management Consulting Capabilities and Broadens Presence in Homeland Security and Other Critical Federal Markets

ANDOVER, Mass., July 31 /PRNewswire-FirstCall/ -- Dynamics Research Corporation , a leading provider of innovative engineering, technology and information technology services and solutions to federal and state governments, today announced it has signed a definitive agreement to acquire Kadix Systems, LLC, a rapidly growing, high-end management consulting firm. Kadix maintains practice specialties in organizational change, human capital, information technology, public and environmental health and learning and organizational development. It is focused on the U.S. Department of Homeland Security (DHS), Marine Corps information technology, military medical health, and federal civilian markets.

"Kadix Systems' high-end management consulting capabilities fully complement DRC's current core competencies in IT infrastructure, business intelligence, business transformation and training and enable greater access to key markets that we have targeted for growth," said Jim Regan, DRC's chairman and chief executive officer. "We look forward to welcoming Kadix employees to the DRC family of dedicated professionals serving our nation's highest priorities. We are committed to strategic growth that expands the mission-critical management and consulting work we provide to clients, fosters our long-standing culture of quality and excellence and enhances shareholder value."

Kadix Systems currently has about 270 employees and is headquartered in Arlington, Va. with additional offices in Greater Washington, Aberdeen, Md., and Fort Sam Houston, Texas -- areas that are targeted for significant expansion due to the DOD BRAC. About 95 percent of Kadix' contracts have been awarded as prime and approximately 40 percent are performance-based.

Doug Layman, Kadix' President, will be appointed DRC Senior Vice President and Group Manager and continue to lead Kadix' business operations as a fourth operating unit, reporting directly to Mr. Regan. Mr. Layman said, "We are extremely excited to join the DRC family and leverage our combined capabilities to quickly create stronger expansion with both existing and new customers in target growth markets. DRC provides long-term continuity for our senior management team and expanded professional development opportunities for our employees. With a mutual regard for integrity and an exemplary track record of quality customer service, DRC is a natural fit for Kadix."

Kadix Systems has outstanding visibility into all DHS program management and management consulting efforts. It is one of two companies to have prime contracts on both the DHS Enterprise Acquisition Gateway for Leading Edge Solutions (EAGLE) contract (functional area 5 -- Program Management and functional area 3 -- Independent Verification and Validation Services) and DHS Program Management Strategic Sourcing (PMSS) vehicles.

Terms of the purchase agreement include a cash price of $42 million with the potential for additional consideration of up to $5 million, based on the achievement of certain conditions. Kadix Systems, LLC reported revenue and earnings before interest, taxes, depreciation and amortization for the year ended December 31, 2007 of $23.0 million and $3.8 million, respectively. For tax purposes, the transaction will be treated as an asset purchase resulting in tax benefits to DRC, which have an estimated value of $10 million. Concurrent with the transaction, DRC will restructure its credit agreement with its current bank group, which is led by Brown Brothers Harriman & Co. and includes Bank of America and TD Banknorth, into a $40 million term loan and a $25 million revolving credit facility. The transaction is expected to close by early August 2008. KippsDeSanto & Co. is acting as exclusive financial advisor to Kadix in this transaction.

DRC management will further discuss the benefits of this acquisition on its previously scheduled second quarter 2008 earnings conference call to be held at 4:30 p.m. ET today. The call will be available via telephone at (877) 741-4251, and accessible via Web cast at http://www.drc.com/.

About Dynamics Research Corporation

Dynamics Research Corporation (DRC) is a leading provider of mission-critical technology management services and solutions for government programs. DRC offers forward-thinking solutions backed by a history of excellence and customer satisfaction. Founded in 1955, DRC is a publicly held corporation and maintains more than 25 offices nationwide with major offices in Andover, Massachusetts; Reston, Virginia; and Fairborn, Ohio. For more information please visit our website at http://www.drc.com/.

Forward-Looking Disclaimer

Safe harbor statements under the Private Securities Litigation Reform Act of 1995: Some statements contained or implied in this news release, may be considered forward-looking statements, which by their nature are uncertain. Consequently, actual results could materially differ. For more detailed information concerning how risks and uncertainties could affect the company's financial results, please refer to DRC's most recent filings with the SEC. The company assumes no obligation to update any forward-looking information.

CONTACTS: Investors: Dave Keleher Media: Duyen "Jen" Truong SVP and Chief Financial Officer Sage Communications (for DRC) 978.289.1615 703.584.5645 dkeleher@drc.com duyent@aboutsage.com

Dynamics Research Corporation

CONTACT: Investors, Dave Keleher, SVP and Chief Financial Officer of
Dynamics Research Corporation, +1-978-289-1615, dkeleher@drc.com; or Media,
Duyen "Jen" Truong of Sage Communications for Dynamics Research Corporation,
+1-703-584-5645, duyent@aboutsage.com

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

Two Engineers From Lockheed Martin's Cherry Hill Business Win Corporation's Highest Honor

CHERRY HILL, N.J., July 31 /PRNewswire/ -- Lockheed Martin selected two employees from its Advanced Technology Laboratories (ATL) to receive a NOVA Award for full spectrum leadership and teamwork. The NOVA Award is the Corporation's highest recognition, which fewer than one-half of one percent of the Corporation's employees worldwide receive annually.

Warrington, Pa., resident Julius M. Etzl, director of ATL's Advanced Concepts Laboratory (ACL), will be recognized for energizing his team; shaping the future of ACL technology and business; placing strong, consistent emphasis on career development and mentoring of ACL staff; and promoting a culture of teamwork and inclusion. He and his teammates continue on a path of excellence for multiple programs vital to national security.

Virginia Beach, Va., resident Peter Haglich will be recognized as part of the Global Strike Initiative team from Lockheed Martin's Information Systems & Global Services business. Through experiments with U.S. Air Force command and control staff, this initiative looks to use collaboration and decision-support technologies to enable prompt, coordinated use of airborne combat resources worldwide.

Lockheed Martin Chairman, President, and Chief Executive Officer Robert J. Stevens will present the 14th annual NOVA Awards later this year during a ceremony in Washington, DC.

This year's NOVA Award marks the fifth consecutive year in which ATL employees have received the honor and brings to 25 the number of awards ATL employees have received since 1993 -- an impressive achievement from an employee population of 240.

There are five categories of award: exceptional service, full spectrum leadership, teamwork, technical excellence, and technical innovation. The award trophy consists of a brilliant representation of the Lockheed Martin star logo bursting forth from a hand-polished, black-marble base.

ATL is Lockheed Martin's applied research and development facility that develops advanced computing technologies and transitions them to Lockheed Martin businesses, Defense Advanced Research Projects Agency, military services, and service laboratories. Technology focus areas include autonomy and artificial intelligence, network-centric operations, cognitive computing, information exploitation, and advanced signal processing.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services.

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

Lockheed Martin

CONTACT: Stephen P. O'Neill of Lockheed Martin, +1-856-792-9815,
soneill@atl.lmco.com

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

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

Raytheon Solipsys C2 Software Deployed in Iraq

TEWKSBURY, Mass., July 31, 2008 /PRNewswire/ -- Two software products developed by Raytheon Company subsidiary Raytheon Solipsys are key components of a recently fielded system managing airspace in Iraq.

The Battlespace Command and Control Center (BC3) employed by the U.S. Central Command for airspace management in Iraq uses the Raytheon Solipsys advanced track fusion engine, Multi-Source Correlator Tracker (MSCT), and tactical visualization powered by the Tactical Display Framework (TDF). Since its deployment to Iraq, BC3 successfully completed operational testing and was fielded in February 2008 in response to an urgent capabilities need for an improved command and control system to manage U.S. and coalition air traffic in Iraq.

"With MSCT and TDF serving as the foundation of BC3, the Air Force is better able to manage airspace over Iraq by integrating multiple radars and displaying all air traffic," said Mark Trenor, president of Raytheon Solipsys. "With the fielding and testing of BC3, the Air Force airspace management controllers and mission crews have gained a much more detailed view of aircraft flying in an active Iraqi war zone. Also, it has the capability to integrate ground movements in the future."

BC3 was designed, built, tested and delivered in less than a year by a team of contractors working for the U.S. Army Space and Missile Defense Command Battle Lab with Global War on Terrorism funding. The system also includes two BC3 Mobile Training Systems. These movable assets were designed to train U.S. Air Force crews in the U.S. and Europe who will be deploying to Iraq.

Raytheon Solipsys, a wholly owned Raytheon Company subsidiary expert in the design and develop of command and control software, is part of Raytheon Integrated Defense Systems. IDS is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.

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

Contact: Mike Nason 703.419.1421

Raytheon Company

CONTACT: Mike Nason of Raytheon Company, +1-703-419-1421

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

iFinix Corp. Finalizes Acquisition of Futures and Options FirmAcquisition Expands iFinix's Product Offerings, Brand Awareness

GARDEN CITY, N.Y., July 31 /PRNewswire-FirstCall/ -- iFinix Corp (Pink Sheets: INIX), a provider of real-time financial information and services to active traders and to the securities industry, announced today it has finalized the acquisition of 80% of privately held ProActive Futures, Plainview, NY, a futures and options brokerage firm.

Operating under the name of iFinix Futures as a subsidiary of iFinix, this full-service futures and option brokerage firm specializes in trading commodity futures. It offers access to major futures and commodities exchanges and markets across the world. The new entity will be the beginning of a new phase in iFinix's future goals. It will bring to the company additional revenue, and will provide a proving ground for additions and enhancements to iFinix's product line. iFinix plans to file an 8K with the proper agencies regarding the acquisition. iFinix also holds a note to acquire the balance of 20% within the next 12 months. Expansion of existing business will be the primary focus of iFinix futures for the remainder of the year.

Benhope Munroe, CEO, CFO, said, "We are excited that we have completed this acquisition that will increase the revenue stream of iFinix. This is just one, in a line of steps, to fulfill our milestones set for the year we have promised to our shareholders."

Jeffery Ramson, President of ProActive Futures said, "I am very happy, on behalf of Pro-Active Futures, to complete this deal and to work with iFinix. I feel that their acquisition of pro-Active Futures will substantially support the achievement of our goals for future expansion and growth. Their technology and our client base provide a mutually beneficial environment for dynamic growth for both entities."

About iFinix Corp.:

iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. Visit http://www.ifinix.com/

About ProActive Futures

ProActive Futures, based in Plainview, NY, is a full service futures and options brokerage firm that provides professional services to individuals, fund managers and institutions who require leading edge technology to satisfy their trading needs. ProActive Futures offers trading services in Bonds & Interest Rate futures, Currencies, as well as precious metals, energy products and various other commodities. The firm provides trading access to major markets and exchanges across the world including, CME, CBOT, CBOT, NYMEX, EUREX, LIFFE, COMEX, NYBOT. For more information please visit http://www.proactivefutures.com/.

Legal Notice Regarding Forward-Looking Statements:

This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.

Contact: iFinix Corporation Investor Relations 516-504-3981 x301

iFinix Corp

CONTACT: iFinix Corporation Investor Relations, +1-516-504-3981,
ext. 301

Web site: http://www.ifinix.com/
http://www.proactivefutures.com/

Raptor Networks Technology Closes $1,250,000 Incremental Financing

SANTA ANA, Calif., July 31 /PRNewswire-FirstCall/ -- Raptor Networks Technology, Inc. (BULLETIN BOARD: RPTN) , provider of the world's first distributed network switching architectures, today announced the completion of a private placement transaction with three institutional investors. The terms of the transaction, which closed today, include the issuance of senior secured convertible notes, warrants, and shares of the Company's common stock for aggregate gross proceeds of $1,250,000. The Company intends to use these funds for general corporate purposes. The Company plans to file the transaction documents, which contain additional detailed information regarding the financing, with the Securities and Exchange Commission after the market closing.

In light of a slower than expected growth in revenue, and as disclosed in the Company's previous public filings, a range of business alternatives focused on preserving enterprise value, including strategic partnerships, licensing and shifting the Company from an operating to a licensing model have been under consideration, should they become necessary. Our independent auditors have questioned our ability to continue as a going concern in our Annual Report for the period ended December 31, 2007 and before, and as we closely monitor the performance of our sales initiatives over the coming months, this financing affords us the time to carefully weigh and consider a broad range of options for the Company's future.

About Raptor Networks Technology, Inc

Raptor Networks Technology, Inc. has developed the world's first "distributed core" network switching architectures, all open-standards based, that benefit networks that provide newer latency-sensitive services such as video, VOIP, high speed server and storage clustering and the like. This patented Distributed Network Switching Technology enables new network build outs and performance upgrades of traditional chassis-based installations in a highly cost effective manner. Management believes that the unique advantage Raptor provides is speed over distance: data transport at wire speed, in hardware, between spatially separated network elements. Enhanced network reliability, lower power consumption and reduced form factor combine to enable significant savings in both acquisition costs as well as operating expense. Raptor's network switching products engender the feature set and versatility to run the most advanced new data applications.

Safe Harbor Statement

The statements in this release relating to future product availability, collaboration and partnership, and positive direction are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Some or all of the aspects anticipated by these forward-looking statements may not, in fact, occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties, demand for Raptor Networks' products, the future market price of RPTN common stock and the Company's ability to obtain necessary future financing.

Contacts: Raptor Networks Technology, Inc. Tom Wittenschlaeger, CEO Bob Van Leyen, CFO 949-623-9300

Raptor Networks Technology

CONTACT: Tom Wittenschlaeger, CEO, or Bob Van Leyen, CFO, both of Raptor
Networks Technology, Inc., +1-949-623-9300

China Security & Surveillance Technology Announces Reporting Date For Second Quarter 2008 Financial Results

SHENZHEN, China, July 31 /Xinhua-PRNewswire/ -- China Security & Surveillance Technology, Inc. , a leading provider of digital surveillance technology in the PRC, today announced that it plans to report second quarter financial results on Monday, August 4, 2008 after the market closes. The Company will also hold a conference call to discuss the financial results the same day at 5:00pm ET.

Listeners may access the call by dialing # 1-913-312-0714. To listen to the live webcast of the event, please go to http://www.csst.com/ and click on the Investor Relations section where conference calls are posted. Please go to the website 15 minutes early to download and install any necessary audio software.

A replay of the call will be available from August 4, 2008 to August 11, 2008. Listeners may access the replay by dialing #1-719-457-0820; Pass Code: 3961480.

About China Security & Surveillance Technology, Inc.

Based in Shenzhen, China, China Security manufactures, distributes, installs and maintains security and surveillance systems throughout the PRC. China Security has manufacturing facilities located in China and an R&D facility which maintains an exclusive collaboration agreement with Beijing University and Wuhan University. China Security has built a diversified customer base through its extensive sales and service network that includes numerous points of presence throughout the PRC. To learn more about the Company visit http://www.csst.com/.

Safe Harbor Statement

This press release includes certain statements that are not descriptions of historical facts, but are forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology such as "will" "believes", "expects" or similar expressions. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov/ .

China Security & Surveillance Technology, Inc.

CONTACT: Kewa Luo of China Security & Surveillance Technology, Inc., +1-
212-984-0688, or ir@csst.com; or Investor Contacts at ICR, Bill Zima & Ashley
Ammon MacFarlane, +1-203-682-8200, or media contact at Fleishman-Hillard Hong
Kong, Patrick Yu, +852-2530-2577, or Patrick.yu@fleishman.com, all for CSR

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