Companies news

CARLSBAD, Calif., July 31 /PRNewswire-FirstCall/ -- NTN Buzztime, Inc. , today announced that it plans to release financial results for the second quarter of its fiscal year 2008 after the close of regular market trading on Thursday, August 7, 2008. The Company's senior management will then host a conference call to discuss these results at 4:30 p.m. Eastern Time. To access the conference call, please dial 1-866-360-7027 if calling from the United States or Canada, or 1-706-643-3291 if calling internationally.

A replay will be available until August 13, 2008, which can be accessed by dialing 1-800-642-1687 if calling from the United States or Canada or 1-706-645-9291 if calling internationally. Please use pass code 57562093 to access the replay.

The call will also be accompanied live by webcast over the Internet and accessible at the Company's web site at http://www.buzztime.com/.

About NTN Buzztime, Inc.

NTN Buzztime, Inc., a leader in interactive entertainment for more than 20 years, is based in Carlsbad, CA. Buzztime is distributed in-home and out-of-home across broadband platforms including online, cable TV, satellite TV and in approximately 3,800 restaurants, sports bars and pubs throughout North America. Buzztime entertainment is also available on electronic games and in books. For more information, please visit http://www.buzztime.com/. Buzztime is a proud member of the OVAB |Out-of-home Video Advertising Bureau.

NTN Buzztime, Inc.

CONTACT: Kendra Berger, Chief Financial Officer of NTN Buzztime, Inc.,
+1-760-438-7400; or Sean Collins, Senior Partner of CCG Investor Relations,
+1-310-477-9800, ext. 202, for NTN Buzztime, Inc.

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

Chemistry.com Offers Denver Residents Free Communication Weekend

DALLAS, July 31 /PRNewswire/ -- This weekend, online dating site Chemistry.com is spreading the love by offering a free communication weekend in Denver. From August 1 to August 3, all Denver residents will have the opportunity to log-on to Chemistry.com and search for love, without reaching for their wallets.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080613/LAF006LOGO)

"We're excited to bring free Chemistry to Denver," said Mandy Ginsberg, vice president and general manager of Chemistry.com. "If you're looking for like-minded people in an environment where you are most likely to find life-changing chemistry, there is absolutely no reason not to try Chemistry.com this weekend. By Monday morning, your life could be completely different."

Denver residents will have complete, free access to Chemistry.com, including access to photos, profiles and the ability to communicate with other members in the Denver area.

Chemistry.com's matching system is based upon decades of research into human attraction by Dr. Helen Fisher, an acclaimed biological anthropologist. Dr. Fisher uses her research into brain science to capture deep personality characteristics that yield chemistry-inspired matches. With two years of growing success and over 5 million members, Chemistry.com continues to use science and compatibility to match people looking for love. As part of the free communication weekend, Denver singles are encouraged to go to Chemistry.com, take the personality test for themselves, and begin communicating with their matches.

About Chemistry.com

Launched by Match.com in February 2006, Chemistry.com was created to bring together independent-thinking, confident, diverse singles who are serious about finding a meaningful relationship. Based on the research of renowned biological anthropologist Dr. Helen Fisher, Chemistry.com uses a proprietary test to determine which two people are most likely to experience a life-changing jolt of chemistry. This unique approach, combined with its "come as you are" philosophy and private matching technique, makes Chemistry.com the ideal place to find the relationship that is right for each individual, whether it's marriage, romance, a partnership or a long-term commitment. Chemistry.com is an operating business of IAC .

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080613/LAF006LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Chemistry.com

CONTACT: Amy Canaday of Chemistry.com, +1-214-576-9416,
amy.canaday@match.com; or Avery Schlicher of MS&L, +1-212-468-4334,
avery.schlicher@mslpr.com, for Chemistry.com

Web site: http://www.chemistry.com/
http://www.match.com/

Watching the Olympics by Mobile Phone -- Jointly Presented by Lenovo Mobile and Spreadtrum the First Batch of Mobile-TV Equipped TD-SCDMA Handsets

BEIJING, July 31 /Xinhua-PRNewswire-FirstCall/ -- Lenovo Mobile Communication Technology Ltd. ("Lenovo Mobile") and Spreadtrum Communications, Inc. (Nasdaq: SPRD; "Spreadtrum") jointly presented Lenovo Mobile's TD900, the new digital mobile-TV equipped TD-SCDMA handsets, to China Mobile. The TD900's design is based on Spreadtrum's TD-SCDMA platform and mobile-TV solution. Officials attending the press conference included Mr. Xinsheng Zhang, Deputy Director General, Science and Technology Department, MIIT, Mr. Bo Zhao, Deputy Director General, Electronics and Information Technology Products Department, MIIT, Mr. Xiaojie Wang, Director General, Science and Technology Bureau, the State Administration of Radio Film and Television ("SARFT"), and officials from the Ministry of Science and Technology and from China Mobile.

This batch of mobile-TV equipped TD900 will be distributed to the Beijing Olympics volunteers and staff members. Lenovo Mobile is expected to deliver more TD900 handsets to China Mobile before the Beijing Olympic Games. With the Beijing Olympics approaching, China has become the focus of the world. Currently, China Mobile is increasing its testing of the mobile-TV function while preparing its third round of public bidding for the purchase of TD-SCDMA handsets. Lenovo Mobile and Spreadtrum's distribution of the first batch of mobile-TV TD900 handsets to China Mobile at the earliest opportunity shows the two parties' strong joint efforts and determination to serve the Beijing Olympics.

Lenovo Mobile's TD900 is one of Lenovo Mobile's "new vision" model series released in July 2008. TD900 is a tablet phone; it supports TD-SCDMA/GSM dual mode and 3G applications such as video phone, mobile-TV, auto-roaming, auto-switching and high speed download. As the first batch of mobile-TV equipped TD handsets, several radio programs and approximately eight TV channels including CCTV1, CCTV Olympics and CCTV News, are provided free and with good signal reception and smooth video display. The combination of TD-SCDMA and CMMB, both of which are China owned standards, offers a wonderful solution to serve the Beijing Olympic Games.

The TD900 deploys Spreadtrum's solutions for TD-SCDMA and CMMB standards. As the only wireless baseband solution provider in the industry for the innovative technologies of TD-SCDMA and CMMB, Spreadtrum developed successfully the TD-SCDMA digital mobile-TV application. Spreadtrum's chip solution offers mobile-TV play, simultaneous transmitting and receiving of communication signals without interference, and a good experience with the TV services of the TD-SCDMA digital mobile.

"It is our pleasure to jointly present with Spreadtrum the TD900, the innovative mobile-TV equipped TD handset, to China Mobile. TD900 is designed to address the needs of the mainstream market and is developed independently and to bring us the latest digital mobile TV experience. Being the national industry leader, Lenovo Mobile will make its best efforts to unite the industry's strengths and advance the development of China's 3G technology," said by Mr. Yan Lv, President and CEO of Lenovo Mobile.

Dr. Ping Wu, President and CEO of Spreadtrum said, "We are pleased that Spreadtrum and Lenovo Mobile were able to jointly deliver the digital mobile-TV equipped TD-SCDMA handsets to China Mobile. Spreadtrum has pursued independent innovation and has supported China's self-developed standards for many years. We hope to maintain a strong cooperative relationship with Lenovo Mobile to drive together the next level of development in China's communications industry."

According to a recent forecast from China Mobile, the second phase of the TD-SCDMA network infrastructure will be completed by early next year, when all provincial capitals and select cities will have network coverage by then. With the successful kick-off of the third round of public bidding for the purchase of TD-SCDMA handsets by China Mobile and the mobile-TV TD handsets in the market, it is believed that a new "vision" awaits.

About Lenovo Mobile:

Lenovo Mobile Communication Technology Ltd. (hereafter referred to as "Lenovo Mobile"), established in 2002, is a well-known player in the Chinese mobile phone industry that specializes in the R&D, production and marketing of mobile phones. Lenovo Mobile is dedicated to provide "Stylish, Simple Innovative & High Quality" products, value-added service which will satisfy the personalized needs and enhance the joy of mobile communication. Relying on its independent R&D and powerful sales channels, Lenovo Mobile has become a fundamental influence in the Chinese handset industry.

For more information, please visit http://www.lenovomobile.com/ . About Spreadtrum:

Spreadtrum Communications, Inc. (Nasdaq: SPRD, "Spreadtrum") is a fabless semiconductor company that develops baseband and RF processor solutions for the wireless communications market. Spreadtrum combines its semiconductor design expertise with its software development capabilities to deliver highly- integrated baseband processors with multimedia functionality and power management. Spreadtrum offers terminal manufacturers a comprehensive portfolio of highly-integrated baseband processor solutions, as well as multimedia chips, RF chips, protocol software and software application platforms. Spreadtrum has developed its solutions based on an open development platform, enabling its customers to develop customized wireless products that are feature-rich and meet their cost and time-to-market requirements.

For more information, please visit http://www.spreadtrum.com/ . About CMMB:

For more information on China Mobile Multimedia Broadcasting, please visit http://www.cmmb.org.cn/ .

Safe Harbor Statements:

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, statements regarding the effectiveness of TD-SCDMA, CMMB and their combination in providing solutions for the Beijing Olympics and the industry, the ability to offer and the industry's acceptance of mobile-TV services in T900 and the TD-SCDMA handset, the ability of Lenovo Mobile and Spreadtrum to advance China's 3G, TD-SCDMA and CMMB technologies, and the forecast made by China Mobile on the timing of completion of the second phase of TD network infrastructure and its coverage. These statements are forward- looking in nature and involve risks and uncertainties that may cause actual market trends and the actual results to differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, the rate at which the commercial deployment of TD-SCDMA and CMMB technologies will grow, market acceptance of products such as T900 and other TD-SCDMA and CMMB technologies, continuing competitive pressure in the semiconductor industry and the effect of such pressure on prices; unpredictable changes in technology and consumer demand for handsets; the state of and any change in Lenovo Mobile's and Spreadtrum's relationships with their major customers; and changes in political, economic, legal and social conditions in China. For additional discussion of these risks and uncertainties and other factors, please consider the information contained in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the registration statement on Form F-1 filed on June 26, 2007, as amended, and the annual report on Form 20-F filed on June 30, 2008, especially the sections under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," and such other documents that the Company may file or furnish with the SEC from time to time, including on Form 6-K. The Company assumes no obligation to update any forward-looking statements, which apply only as of the date of this press release.

For more information, please contact: William Shi Tel: +86-10-6270-2988 Email: news@spreadtrum.com

Spreadtrum Communications, Inc.

CONTACT: William Shi, +86-10-6270-2988, or news@spreadtrum.com

Web Site: http://www.spreadtrum.com/
http://www.lenovomobile.com/
http://www.cmmb.org.cn/

SORL Auto Parts Announces Date of 2008 Annual Meeting of Stockholders

ZHEJIANG, China, July 31 /Xinhua-PRNewswire-FirstCall/ -- SORL Auto Parts, Inc. , a leading manufacturer and distributor of commercial vehicle air brake valves and related auto parts in China, announced today that its 2008 annual stockholder meeting will be held at 1:00 PM China Standard Time (UTC +8) on Tuesday, September 9, 2008 in the Beethoven Room at The St. Regis Hotel in Shanghai. Stockholders of record as of the close of business on July 16, 2008 are entitled to notice of and to vote at the 2008 Annual Meeting. Proposals to be voted on at the annual meeting are as follows:

(1) The election of seven directors to hold office until the 2009 annual meeting of stockholders and until their successors are elected and qualified; (2) The ratification of the appointment of our independent registered public accounting firm for fiscal year 2008; and (3) Any other matters that properly come before the meeting or any adjournments or postponements thereof. About SORL Auto Parts, Inc.

As China's leading manufacturer and distributor of automotive air brake valves, SORL Auto Parts, Inc. ranks first in market share in the segment for commercial vehicles weighing more than three tons, such as trucks and buses. The Company distributes products both within China and internationally under the SORL trademark. SORL ranks among the top 100 auto component suppliers in China, with a product range that includes 40 types of air brake valves and over 1000 different specifications. The Company has four authorized international sales centers in Australia, United Arab Emirates, India, and the United States, with additional offices slated to open in other locations in the near future. For more information, please visit http://www.sorl.cn/ .

Safe Harbor Statement

This press release may include 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. These forward- looking statements may also include statements about our proposed discussions related to our business or growth strategy, which is subject to change. 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/ .

For more information please contact: Richard Cai Director of Investor Relations SORL Auto Parts, Inc. Tel: +86-577-6581-7720 Email: richardcai@sorl.com.cn Dan Joseph ICR, Inc. Tel: +86-21-6122-1077 Email: dan.joseph@icrinc.com Bill Zima ICR, Inc. Tel: +1-203-682-8200 Email: william.zima@icrinc.com

SORL Auto Parts, Inc.

CONTACT: Richard Cai, Director of Investor Relations, SORL Auto Parts,
Inc., +86-577-6581-7720, or richardcai@sorl.com.cn; Dan Joseph of ICR, Inc.,
+86-21-6122-1077, or dan.joseph@icrinc.com; Bill Zima of ICR, Inc.,
+1-203-682-8200, or william.zima@icrinc.com, all for SORL Auto Parts, Inc.

Harris Corporation Awarded $7.8 Million U.S. Army Criminal Investigation Command IT Services Contract

FALLS CHURCH, Va., July 31 /PRNewswire-FirstCall/ -- Harris Corporation , an international communications and information technology company, has been awarded a $7.8 million contract to design, develop, test, and implement a new enterprise software solution for the United States Army Criminal Investigation Command (USACIDC). The three-year contract was issued under the U.S. Army's Information Technology Enterprise Solutions -- 2 Services (ITES-2S) contract to Harris IT Services, which will serve as the prime contractor for the initiative.

Harris IT Services will partner with InterImage, Inc., a recognized industry expert in Criminal Investigation systems within the Department of Defense community. InterImage will lead the solution development for this initiative. InterImage's experience and expertise maximizing IT assets and ensuring they are compliant with existing and emerging standards, helps ensure a cost-effective solution that delivers enhanced law enforcement functions to USACIDC.

"Harris and InterImage provide the best available solution the industry has to offer," said John Heller, vice president, Harris IT Services. "With the Harris Team, USACIDC will reap the benefit of a collaborative partnership to advance the right enterprise solution."

Headquartered in northern Virginia, Harris IT Services is a leading provider of mission-critical IT and communications services and support to defense, intelligence, homeland security, civil, and commercial customers. With over 3,000 professionals performing to the highest industry standards at locations worldwide, Harris IT Services offers essential past performance, proven technical expertise, and innovative solutions in supporting large-scale IT programs that encompass the full technology lifecycle. The organization's distributed workforce, present in all 50 states, and extensive experience in performance-based contracting and managed IT services, combine to deliver best-value results to our customers. Multimax, Inc., part of Harris IT Services, holds the ITES-2S prime contract.

About Harris Corporation

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

Harris Corporation

CONTACT: CeeCee L. Evans of Harris IT Services, +1-703-480-2615,
ceecee.evans@harris.com, or Marc Raimondi of Harris Corporation - Washington,
D.C., +1-703-739-1738, marc.raimondi@harris.com, or Jim Burke, Corporate
Headquarters, +1-321-727-9131, jim.burke@harris.com

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

SAP Drives Integrated Efficiencies for PEAK TechnologiesSupply Chain Solutions Provider Poised for Rapid Growth Expects to Realize More Than $1 Million in Near-Term Efficiencies

COLUMBIA, Md., July 31 /PRNewswire-FirstCall/ -- SAP today announced that PEAK Technologies, a mid-market systems integrator of supply chain automation and inventory management solutions, projects more than $1 million in efficiencies the first year after going live on SAP(R) ERP. PEAK offers a wide range of supply chain products and solutions to a diverse customer base across numerous industries. The company selected SAP ERP in 2007 for its long-term scalability and ability to leverage common business processes within a multi-functional and very diverse operation.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a)

"As a mid-market company faced with the global pressures of a Fortune 500 company, we knew that SAP ERP was a smart choice to enable us to address dynamic business processes and ever-changing customer requirements," said Ross Young, president & CEO, PEAK Technologies. "SAP ERP provides PEAK the unique opportunity to leverage efficiencies with our suppliers as well as our customers; it allows us to truly maximize our own supply chain."

One efficiency gain realized by PEAK is through the elimination of disparate programs and procedures that exposed daily operations to a certain level of inefficiency. SAP ERP gives PEAK deep visibility into daily operations, enabling more than 200 users to more effectively respond to business requirements and customer needs. The new SAP ERP solution has also provided PEAK visibility into purchasing trends, customer buying patterns and additional information that empowers the company to be more proactive in increasing market share and growing revenue. A service-based e-commerce portal and a standalone ordering engine were also integrated into PEAK's SAP ERP solution in order to better serve customers.

While PEAK expects to immediately realize $1 million in near-term efficiencies with SAP ERP, a multitude of growth opportunities now exist that were not possible under the company's prior legacy system.

"SAP ERP allows our business goals to align with our IT goals," said Michele Adams, senior vice president, Finance and IT for PEAK Technologies. "We are now positioned to make proactive decisions based on real-time information and company data. Thanks to SAP, we now have a system that can scale to our ambitious growth strategy, which includes acquisitions."

"As midsize companies look to enhance their competitiveness in a global business environment, they have come to realize that quickly adapting to business and customer needs are key to success," said Philip Say, vice president, ERP Solution Marketing, SAP. "SAP is committed to empowering companies of all sizes with an end-to-end solution that drives efficiencies and powerfully manages the totality of customer relationships in all business areas."

About PEAK Technologies

PEAK Technologies, a Platinum Equity Company, is a systems integrator of supply chain automation and inventory management solutions delivering tangible return on investment to some of the world's largest corporations. PEAK's primary applications include solutions for warehousing, manufacturing, and distribution operations. PEAK's portfolio of solutions and services include business process consulting, enterprise resource planning (ERP) systems integration, wireless professional services, project management, printing/media solutions, and life-cycle support services. PEAK Technologies has locations throughout North America providing a comprehensive "foot print" for national, multi-site life cycle service and support.

About SAP

SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With approximately 75,000 customers (includes customers from the acquisition of Business Objects) in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." (For more information, visit http://www.sap.com/)

(*) SAP defines business software as comprising enterprise resource planning and related applications.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24 United States Only: 1 (800) 872-1SAP (1-800-872-1727) For more information, press only: Andy Kendzie, +1 202 312-3919, andy.kendzie@sap.com, EDT Saswato Das, + 1 (212) 653 9571, saswato.das@sap.com, EDT SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; press@sap.com Jeff Shadid, Burson-Marsteller, +1 (214) 224-8419, jeff.shadid@bm.com, CDT

Photo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com SAP

CONTACT: Andy Kendzie, +1-202-312-3919, andy.kendzie@sap.com, EDT, or
Saswato Das, +1-212-653 9571, saswato.das@sap.com, EDT, or SAP Press Office,
+49 (6227) 7-46315, CET, +1-610-661-3200, EDT, press@sap.com, all of SAP; or
Jeff Shadid of Burson-Marsteller, +1-214-224-8419, jeff.shadid@bm.com, CDT,
for SAP

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

OmniVision and eASIC Offer MPEG-4 Reference Design to Provide Rapid Development of Camera Solutions

SUNNYVALE, Calif., July 31 /PRNewswire-FirstCall/ -- OmniVision Technologies, Inc. , a leading independent supplier of CMOS CameraChip(TM) image sensors and eASIC Corporation, the leading provider of zero mask-charge ASIC devices, today announced the availability of the eDVR91, an MPEG-4 camera reference design suitable for a broad range of applications including camcorders, security and surveillance cameras and automotive vision systems.

The eDVR91, a camera reference design based on OmniVision's OV7725 CameraChip(TM) sensor and eASIC's eDV9100 MPEG-4 CODEC, enables the capture, compression and storage of digital video and audio on a Secure Digital (SD) storage card. The eDVR91 can store eight hours of compressed video and audio on a single 2G SD memory card.

"The superior video quality of OmniVision's OV7725, especially in low-light conditions, combined with our low-cost eDV9100 MPEG-4 CODEC, provides the ideal combination of video quality at a price point that will meet our customers' requirements," said Jasbinder Bhoot, Senior Director of Worldwide Marketing at eASIC Corporation. "Furthermore, this reference design will help our customers accelerate deployment, and ultimately, time-to-revenue."

"Our collaboration with eASIC has yielded a design platform that enables a highly versatile solution for rapid, cost effective, and straightforward system development," commented Todd Koelling, Sr. Director of Marketing at OmniVision. "By significantly reducing the customers' development time and cost, these design kits can accelerate time-to-revenue, and ultimately help our customers across all markets become more competitive."

The OV7725 is a 1/4-inch sensor that provides the full functionality of a VGA camera and image processor on a single chip, enabling easy and cost efficient integration. Built with a 6 x 6 micron pixel, the OV7725 delivers ultra-high light sensitivity (3.8 V/Lux-sec), making it the ideal solution for a wide range of applications that need to operate well in low light conditions. The OV7725 can operate at 60 frames per second (fps) in VGA mode, or 120 fps in QVGA.

The eDVR91 comes complete with schematics, firmware and software, and is currently available from eASIC for $299. For more details, visit http://www.easic.com/.

About OmniVision

OmniVision Technologies designs and markets high-performance semiconductor image sensors. Its CameraChip(TM) products using OmniPixel(R), OmniPixel2(TM), OmniPixel3(TM), OmniPixel3-HS(TM) and OmniBSI(TM) technologies are highly integrated, single-chip CMOS image sensors for mass-market consumer and commercial applications such as mobile phones, notebooks, security and surveillance systems, digital still cameras, automotive and medical imaging systems and interactive video games. Additional information is available at http://www.ovt.com/.

About eASIC

eASIC is a fabless semiconductor company offering breakthrough zero mask-charge ASIC devices aimed at dramatically reducing the overall cost and time-to-production of customized semiconductor devices. Low-cost, high-performance and fast-turn ASIC and System-on-Chip designs are enabled through patented technology utilizing Via-layer customizable routing. This innovative fabric allows eASIC to offer ASICs with no mask-charges and no minimum order quantity. Privately held eASIC Corporation is headquartered in Santa Clara, California. Investors include Khosla Ventures, Kleiner Perkins Caufield and Byers (KPCB), Crescendo Ventures, Advanced Equities Incorporated and Evergreen Partners. For more information, please visit http://www.easic.com/.

Safe-Harbor Language

Certain statements in this press release, including statements regarding the performance and capabilities of, the anticipated demand for and the expected time frame for volume shipment of the OV7725 CMOS image sensors are forward-looking statements that are subject to risks and uncertainties. These risks and uncertainties, which could cause the forward-looking statements and OmniVision's results to differ materially, include, without limitation: potential errors, design flaws or other problems with the OV7725; customer acceptance, demand, and other risks detailed from time to time in OmniVision's Securities and Exchange Commission filings and reports, including, but not limited to, OmniVision's annual report filed on Form 10-K and quarterly reports filed on Form 10-Q. OmniVision expressly disclaims any obligation to update information contained in any forward-looking statement.

OmniVision(R) and OmniPixel(R) are registered trademarks of OmniVision Technologies, Inc. The OmniVision logo, CameraChip(TM), OmniPixel2(TM) , OmniPixel3(TM), OmniPixel3-HS(TM) and OmniBSI(TM) are trademarks of OmniVision Technologies, Inc. All other trademarks are the property of their respective owners.

OmniVision Technologies, Inc.

CONTACT: Investor Relations, Steven Horwitz of OmniVision Technologies,
+1-408-653-3263; or Media, Martijn Pierik of Impress Public Relations,
+1-602-366-5599, martijn@impress-pr.com; or Company Contact, Scott Foster of
OmniVision Technologies, +1-408-567-3077, sfoster@ovt.com; or eASIC Contact,
Spencer Horowitz of eASIC Corporation, +1-408-832-9616, spencerh@ieee.org

Web site: http://www.ovt.com/
http://www.easic.com/

Exar Corporation's Fiscal 2009 First Quarter Financial Results Conference Call Scheduled

FREMONT, Calif., July 21 /PRNewswire-FirstCall/ -- Exar Corporation will hold its fiscal 2009 first quarter financial results conference call on July 31, 2008 at 1:30 p.m. PDT/4:30 EDT. Exar will release its fiscal 2009 first quarter financial results following the market close on July 31, 2008. To access the conference call, please dial 800-230-1085 after 1:20 p.m. PDT/4:20 p.m. EDT. In addition, a live webcast will be available on Exar's Investors' Homepage at: http://www.exar.com/. A replay of the conference call will be available starting at 5:00 p.m. PDT/8:00 p.m. EDT the day of the call until 11:59 p.m. PDT on August 7, 2008/2:59 a.m. EDT on August 8, 2008. To access the replay, please dial 800-475-6701 and use conference ID number 953898.

About Exar

Exar Corporation is Powering Connectivity by delivering highly differentiated silicon solutions empowering products to connect. With distinctive knowledge in analog and digital technologies, Exar enables a wide array of applications such as portable devices, home media gateways, communications systems, and industrial automation equipment. Exar has locations worldwide providing real-time system-level support to drive rapid product innovation. For more information about Exar visit: http://www.exar.com/.

Exar Corporation

CONTACT: Greg Kaufman, Marketing Communications of Exar Corporation,
+1-510-668-7121

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

Alliance Data Signs New Long-Term Agreement With Beall's Department Stores, Inc.- Alliance Data to Provide Beall's Department Stores, Inc. Private Label Credit Card Services for its Multi-Channel Operations

DALLAS, July 31 /PRNewswire-FirstCall/ -- Alliance Data Systems Corporation , a leading provider of loyalty and marketing solutions derived from transaction-rich data, today announced it has signed an agreement with Beall's Department Stores, Inc. to provide private label credit card services to more than 85 Beall's Department Stores throughout Florida and its e-commerce website http://www.beallsflorida.com/ . Headquartered in Bradenton, Fla., Beall's Department Stores is a leading retailer of brand name clothing and accessories for men, women and children, as well as specialty home goods and gourmet food.

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

Beall's Department Stores is a subsidiary of Beall's, Inc., which operates more than 560 retail stores in the South and West United States through its Beall's Department Stores, Beall's Outlet Stores and Burke's Outlet Stores brands - total annual sales exceed $1 billion.

Under terms of the new agreement, Alliance Data will provide private label credit card services, including account acquisition and activation; receivables funding; card authorization; private label credit card issuance; statement generation; remittance processing; customer service functions; and marketing services to Beall's Department Stores.

In addition to today's announced new agreement with Beall's Department Stores, Alliance Data also provides private label credit card services for the Beall's, Inc. subsidiaries, Beall's Outlet Stores and Burke's Outlet Stores. Cardholders that have a Beall's Outlet card or the new Beall's Department Stores card may use both branded cards interchangeably across both chains.

"The Florida lifestyle is reflected in all facets of our organization and serving the Beall's customer is our singular priority," said Daniel Love, chief financial officer for Beall's, Inc. "Through Alliance Data's industry expertise and support systems, Beall's will now be able to offer benefits including expanded reward offerings, more payment and credit options along with targeted discount offers. This will further enhance the shopping experience for existing customers and should help to generate new accounts. We believe the association with Alliance Data will help us to build long-term rewarding relationships with our Beall's credit card customers."

"We are pleased about our new relationship with Beall's Department Stores," said Ivan Szeftel, president of Alliance Data's Retail Services. "We are equally excited that this announcement is indicative of a much deeper relationship with Beall's, Inc. as we are now providing solutions for all of their brands. We're confident in our ability to deliver integrated credit and marketing services that result in increased sales, and stronger, more loyal customers that frequent the brand more often."

About Beall's Department Stores, Inc.

Beall's Department Stores, Inc. (a subsidiary of Beall's, Inc.) operates over 85 stores in Florida and specializes in apparel and footwear for men, women and children, and gifts and housewares for the Florida lifestyle. Since its modest beginnings in 1915, Beall's Department Store has grown to be a major employer in the State of Florida as well as a valued asset to all the communities it serves. Beall's Department Stores' principal operating strategy is to grow the corporation through the reinvestment of its profits. A long history of strong ethical values and commitment to customers, employees and community has earned the company trust and respect in the marketplace.

Beall's, Inc. is the parent company of Beall's Department Stores, Beall's Outlet Stores, and Burke's Outlet Stores. The Company, through its subsidiaries, has annual sales exceeding one billion dollars. For more information about Beall's Department Stores or Beall's, Inc., please visit their website, http://www.beallsinc.com/ .

About Alliance Data

Alliance Data is a leading provider of marketing, loyalty and transaction services, managing over 120 million consumer relationships for some of North America's most recognizable companies. Using transaction-rich data, Alliance Data creates and manages customized solutions that change consumer behavior and that enable its clients to create and enhance customer loyalty to build stronger, mutually beneficial relationships with their customers. Headquartered in Dallas, Alliance Data employs over 9,000 associates at more than 60 locations worldwide. Alliance Data's brands include AIR MILES(R), North America's premier coalition loyalty program, and Epsilon(R), a leading provider of multi-channel, data-driven technologies and marketing services. For more information about the Company, visit its website, http://www.alliancedata.com/ .

Alliance Data's Safe Harbor Statement/Forward Looking Statements

This release may contain 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. Such statements may use words such as "anticipate," "believe," "estimate," "expect," "intend," "predict," "project" and similar expressions as they relate to us or our management. When we make forward-looking statements, we are basing them on our management's beliefs and assumptions, using information currently available to us. Although we believe that the expectations reflected in the forward-looking statements are reasonable, these forward-looking statements are subject to risks, uncertainties and assumptions, including those discussed in our filings with the Securities and Exchange Commission.

If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may vary materially from what we projected. Any forward-looking statements contained in this presentation reflect our current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. These risks, uncertainties and assumptions include those made with respect to and any developments related to the termination of the proposed merger with an affiliate of The Blackstone Group, including risks and uncertainties arising from actions that the parties to the merger agreement or third parties may take in connection therewith. We have no intention, and disclaim any obligation, to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this presentation regarding Alliance Data Systems Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K for the most recently ended fiscal year. Risk factors may be updated in Item 1A in each of the Company's Quarterly Reports on Form 10-Q for each quarterly period subsequent to the Company's most recent Form 10-K.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20051024/ADSLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Alliance Data Systems Corporation

CONTACT: Analysts-Investors, Julie Prozeller, Financial Dynamics for
Alliance Data Systems Corporation, +1-212-850-5721, alliancedata@fd.com; or
Media, Shelley Whiddon of Alliance Data Systems Corporation, +1-972-348-4310,
Shelley.whiddon@alliancedata.com; or Dan Doyle, VP of Loss Prevention & Human
Resources Administration; Compliance Officer of Beall's, Inc.,
+1-941-744-4482, dand@beallsinc.com

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

Westwood One and AirSage Partner to Launch Next Generation Platform for Traffic Reporting- Cell phone signal analysis to provide faster alerts, reliable travel times, and better alternate route suggestions-

NEW YORK, July 31 /PRNewswire-FirstCall/ -- Westwood One, Inc. today announced a multi-year strategic partnership with AirSage, Inc. to combine traffic speed and flow information derived from cell phone signals with Westwood One's leading traffic incident reporting expertise. With the expanded depth of information-gathering provided by the partnership, Westwood One's Metro Traffic will improve the accuracy of traffic information available to commuters, offering significant advancements in the reporting of travel times, faster alerts, and better alternative route suggestions. Metro Traffic will begin to roll out the innovative reporting technology in September.

"Our partnership with AirSage merges Metro Traffic's market-leading experience with cutting-edge cellular technology to provide local traffic reports that are simply more accurate than what is currently available anywhere," said Jonathan Marshall, Westwood One EVP -- Business Affairs & Strategic Development. "We've been searching for a technology that provides accurate speed and flow data to complement our strategy of providing premium content to our media partners."

As the leading provider of traffic information, Metro Traffic serves 129 markets with incident monitoring services covering more than 350,000 miles of roadway. AirSage, the only U.S. supplier of traffic data from cell phone signaling systems, compiles and analyzes the anonymous real-time experiences of tens of millions of drivers to report up-to-the-minute traffic flows and speeds. The combined offering, an industry milestone, will vastly expand coverage of secondary roadways and provide best-choice alternatives to minimize the hassles of daily commuting.

AirSage CEO Cy Smith said, "We are excited to partner with Westwood One, the longtime leader in traffic reporting. Our combined technology and data sources will enable Westwood One to provide the most complete, accurate and timely traffic information to media outlets and to commuters. With this service, drivers will find it easier to avoid congestion and navigate the roadways of America."

"Coupling AirSage's breakthrough technology with our 1000+ experienced traffic experts nationwide lifts traffic reporting accuracy to a new level," said John Frawley, EVP Broadcast -- Metro Networks.

AirSage's proprietary software supplies speed, travel time and traffic-flow information for over 150,000 miles of roadway, including primary and alternate travel routes. This is a notable improvement over systems based on fixed-traffic data sensors that monitor real-time traffic for only about 7,000 miles of metropolitan interstates. By relying on the extensive presence of mobile communications technology, AirSage is also able to provide greater visibility into how the nations network of highways and arterials is performing and being used at different times of the day, month, and year.

About Westwood One

Westwood One is a platform-agnostic content company providing over 150 news, sports, music, talk, entertainment programs, features and live events to numerous media partners. Through its subsidiaries, Metro Networks/Shadow Broadcast Services, Westwood One provides local content to the radio and TV industries and to the Web. This content includes news, sports, weather, traffic, video news services and other information. SmartRoute Systems manages traffic information centers for state and local departments of transportation, and markets traffic and travel content to wireless, Internet, in-vehicle navigation systems and voice portal customers. Westwood One serves more than 5,000 radio stations. For more information please visit http://www.westwoodone.com/.

About AirSage, Inc.

AirSage is the leading provider of reliable and accurate real-time traffic information providing partners and customers with the highest quality speed, travel time and traffic flow information on more than 150,000 miles of the nation's highways, freeways, primary roadways and arterial roads. The Atlanta-based company has developed innovative, patented software technology that aggregates anonymous signaling data from wireless mobile operators. AirSage is currently the only company in the U.S. with a wireless carrier partner that is committed to a national deployment and is the only company with the capability to provide real-time traffic information using this ground-breaking technology. For more information please visit http://www.airsage.com/.

Westwood One, Inc.

CONTACT: Sandy Hillman or Terry Rooney of Westwood One, Inc.,
+1-212-223-0561

Web site: http://www.westwoodone.com/
http://www.airsage.com/

Global Crossing Announces Conference Call for Second Quarter Financial Results

FLORHAM PARK, N.J., July 31 /PRNewswire-FirstCall/ -- Global Crossing , a leading global IP solutions provider, will conduct a conference call on Tuesday, August 5, 2008 at 9:00 a.m. EDT. CEO John Legere and CFO Jean Mandeville will discuss the company's financial results for the second quarter of 2008.

The call may be accessed by dialing +1 212 346 6507 or +44 (0) 870 001 3146. Callers are advised to access the call 15 minutes prior to the start time. A Webcast with presentation slides will be available at http://investors.globalcrossing.com/events.cfm.

A replay of the call will be available on Tuesday, August 5, 2008 beginning at 11:00 a.m. EDT and will be accessible until Tuesday, August 12, 2008 at 11:00 a.m. EDT. To access the replay, North American callers should dial +1 402 977 9140 or +1 800 633 8284 and enter reservation number 21389022. Callers in the United Kingdom should dial +44 (0) 870 000 3081 or +44 (0) 800 692 0831 and enter reservation number 21389022.

ABOUT GLOBAL CROSSING

Global Crossing provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects approximately 390 cities in more than 30 countries worldwide, and delivers services to approximately 690 cities in more than 60 countries and 6 continents around the globe. The company's global sales and support model matches the network footprint and, like the network, delivers a consistent customer experience worldwide.

Global Crossing IP services are global in scale, linking the world's enterprises, governments and carriers with customers, employees and partners worldwide in a secure environment that is ideally suited for IP-based business applications, allowing e-commerce to thrive. The company offers a full range of data, voice and security products to approximately 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs. Its Professional Services and Managed Solutions provide VoIP, security and network consulting and management services to support its Global Crossing IP VPN service and Global Crossing VoIP services. Global Crossing was the first global communications provider with IPv6 natively deployed in both its private and public backbone networks.

Please visit http://www.globalcrossing.com/ or blogs.globalcrossing.com/ for more information about Global Crossing.

CONTACT GLOBAL CROSSING: Press Contact Michael Schneider +1 973 937 0146 michael.schneider@globalcrossing.com Analysts/Investors Contact Suzanne Lipton +1 800 836 0342 glbc@globalcrossing.com IR/PR1

Global Crossing

CONTACT: Press, Michael Schneider, +1-973-937-0146,
michael.schneider@globalcrossing.com, or Analysts-Investors, Suzanne Lipton,
+1-800-836-0342, glbc@globalcrossing.com, both of Global Crossing

Web site: http://www.globalcrossing.com/
http://blogs.globalcrossing.com/
http://investors.globalcrossing.com/events.cfm

Axion Announces Date of Its Second Quarter 2008 Earnings Release and Conference Call

NEW CASTLE, Pa., July 31 /PRNewswire-FirstCall/ -- Axion Power International, Inc. (BULLETIN BOARD: AXPW) announced plans to release its second quarter 2008 results before market on Thursday, August 7, 2008. The Company will hold a conference call that same day to discuss the results at 10:00 am EDT. Interested parties should call 888 713 4211 (domestic) or 617 213 4864 (international), with passcode 12704642 to access the call. You may also access this call via the Internet at: http://phx.corporate-ir.net/playerlink.zhtml?c=155732&s=wm&e=1912769

For those who are unavailable to listen to the live broadcast, a replay will be available for seven days and can be accessed by dialing 888 286 8010 (domestic) and 617 801 6888 (international) and using passcode is 16392719.

About Axion Power International, Inc.

Axion has developed and patented a next generation energy storage device that won the prestigious 2006 Frost & Sullivan Technology Innovation Award for North America in the field of lead-acid batteries. According to Frost & Sullivan, Axion's new PbC(TM) batteries have "the potential to revitalize the lead-acid battery industry by breathing new life into an established technology that was not well-suited to the requirements of important new applications like hybrid electric vehicles and renewable power."

PbC batteries use sophisticated carbon electrode assemblies to replace the simple lead-based negative electrodes used by other lead-acid battery manufacturers. The resulting device offers energy storage approaching lead-acid batteries, coupled with far longer cycle life and power output approaching super-capacitors. These low-cost devices recharge rapidly and are environmentally friendly because they use up to 40% less lead depending on the application. Axion has been producing prototype PbC batteries at its lead-acid battery plant in New Castle, Pennsylvania for more than a year using the same cases, positive electrodes, separators, electrolytes and manufacturing equipment used in its other lead-acid battery lines. The only notable manufacturing difference is the use of Axion's proprietary carbon electrode assemblies instead of lead-based negative electrodes.

Axion's goal is to become the leading supplier of carbon electrode assemblies for the lead-acid battery industry.

Contact: Allen & Caron Axion Power International Inc. http://www.allencaron.com/ http://www.axionpower.com/ Rudy Barrio (investors) Kelly Gubish Brian Kennedy (media) 724 654 9300 212 691 8087 kgubish@axionpower.com r.barrio@allencaron.com brian@allencaron.com

Axion Power International, Inc.

CONTACT: Rudy Barrio (investors), r.barrio@allencaron.com or Brian
Kennedy (media), brian@allencaron.com, both of Allen & Caron, +1-212-691-8087;
or Kelly Gubish of Axion Power International Inc., +1-724-654-9300,
kgubish@axionpower.com

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

White Electronic Designs to Report Third Quarter 2008 Financial Results at Market Close on Thursday, August 7, 2008

PHOENIX, July 31 /PRNewswire-FirstCall/ -- White Electronic Designs Corporation , a developer and manufacturer of innovative components and systems for high technology military applications and leading- edge anywhere visible display systems will report financial results for the third quarter fiscal 2008 ended June 28, 2008 at the close of the market on Thursday, August 7, 2008. The Company will also conduct a conference call to review the results of the quarter on Thursday, August 7 at 4:30 p.m. ET.

Interested parties can access the call by dialing (877) 407-8031 (domestic) or (201) 689-8031 (international). A replay of the call will be available at (877) 660-6853 (domestic) or (201) 612-7415 (international), account number 286, access number 291720 for 7 days following the call.

A live web cast of the call will be available at http://www.investorcalendar.com/IC/CEPage.asp?ID=132266. The online replay will be available shortly after the end of the call and can be reached at http://www.vcall.com/. After accessing the Vcall site enter the Company's symbol, WEDC. The webcast will be archived for the following 12 months.

About White Electronic Designs Corporation

White Electronic Designs Corporation designs and manufactures innovative high technology components, systems, and branded products for the military and industrial markets. Our Microelectronic products include high-density memory packages and advanced self contained multi-chip and system-in-a-chip modules that are used in a growing range of applications across the Company's markets. White Electronic Designs also produces anti-tamper security coatings for mission-critical semiconductor components in defense applications. Our Display segment designs and manufactures enhanced and reinforced high- legibility flat-panel displays for commercial, medical, defense and aerospace systems. White is headquartered in Phoenix, Arizona and has design and manufacturing centers in Arizona, Indiana, Ohio, Oregon and China. To learn more about White Electronic Designs Corporation's business, as well as employment opportunities, visit our website at http://www.wedc.com/.

CONTACTS: Hamid Shokrgozar, President and CEO, (602) 437-1520 or hamid@wedc.com; Joe Diaz, Robert Blum or Joe Dorame at Lytham Partners, LLC at (602) 889-9700 or wedc@lythampartners.com

White Electronic Designs Corporation

CONTACT: Hamid Shokrgozar, President and CEO of White Electronic Designs
Corporation, +1-602-437-1520, hamid@wedc.com; or Joe Diaz, Robert Blum or Joe
Dorame, all of Lytham Partners, LLC, +1-602-889-9700, wedc@lythampartners.com

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

Qualcomm Achieves World's First HSPA+ Data Call- HSPA+ Enables Faster Web Browsing and Significantly Boosts Network Capacity for Voice and Data -

SAN DIEGO, July 31 /PRNewswire-FirstCall/ -- Qualcomm Incorporated , a leading developer and innovator of advanced wireless technologies and data solutions, today announced that it has completed the world's first data call using High-Speed Packet Access Plus (HSPA+) network technology. The call achieved a data transfer rate of more than 20 Mbps in a 5 MHz channel. HSPA+ will allow operators to double the data and triple the voice capacity of their networks compared to current HSPA deployments. Today's successful data throughput was achieved on Qualcomm's MDM8200(TM) product, the industry's first chipset solution for HSPA+.

"Today's call represents another milestone for Qualcomm in the evolution of the HSPA road map," said Alex Katouzian, vice president of product management, Qualcomm CDMA Technologies. "End users will enjoy quicker connections to the Internet with HSPA+ while network operators will appreciate the opportunity to offer more services to their subscribers."

HSPA+, also known as HSPA Evolved, is designed to enhance the mobile broadband user experience and enable a wide range of services. The technology delivers higher peak and average data rates, lower latency, better response times, longer battery life and an enhanced, always-on experience compared to the current generation of mobile networks.

The latest evolution of WCDMA technology, HSPA+ Release 7, will offer downlink data transfer rates of up to 28 Mbps and uplink rates of up to 11 Mbps. Future HSPA+ releases are expected to support downlink peak rates of 42-84 Mbps and uplink peak rates of 23 Mbps by using a variety of advanced techniques, including multiple carriers for transferring data. HSPA+ is backward compatible with prior generations of WCDMA and does not require new spectrum for deployment. Operators can leverage their existing network and spectrum resources to offer next-generation wireless bandwidth and performance.

Qualcomm's MDM8200 chipset is currently sampling to customers and supports deployments in existing frequency bands, as well as in the 900 MHz band and the 2.5 GHz IMT-2000 extension band.

Qualcomm Incorporated (http://www.qualcomm.com/) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 100 Index, the S&P 500 Index and is a 2008 FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker symbol QCOM.

Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including operators' desire to utilize HSPA+ technology, the Company's ability to successfully design and have manufactured significant quantities of MDM8200 chipsets and other components on a timely and profitable basis, the extent and speed to which HSPA+ is deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 30, 2007, and most recent Form 10-Q.

Qualcomm is a registered trademark of Qualcomm Incorporated. MDM and MDM8200 are trademarks of Qualcomm Incorporated. All other trademarks are the property of their respective owners.

Qualcomm Contacts: Carla Vallone, Qualcomm CDMA Technologies Phone: 1-858-651-8557 Email: qctpublicrelations@qualcomm.com Tina Asmar, Corporate Communications Phone: 1-858-845-5959 Email: corpcomm@qualcomm.com John Gilbert, Investor Relations Phone: 1-858-658-4813 Email: ir@qualcomm.com

Qualcomm Incorporated

CONTACT: Carla Vallone, Qualcomm CDMA Technologies,
+1-858-651-8557, qctpublicrelations@qualcomm.com, or Tina Asmar, Corporate
Communications, +1-858-845-5959, corpcomm@qualcomm.com, or John Gilbert,
Investor Relations, +1-858-658-4813, ir@qualcomm.com, both of Qualcomm
Incorporated

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

Deluxe Reports Second Quarter 2008 Results- EPS of $0.63 with revenue shortfall- Deluxe closes acquisition of Hostopia.com

ST. PAUL, Minn., July 31 /PRNewswire-FirstCall/ -- Deluxe Corporation reported second quarter diluted earnings per share (EPS) of $0.63 on net income of $32.6 million. EPS for the second quarter of 2007 was $0.69 on net income of $36.0 million. The quarter's results reflect more than expected economic softness in the Small Business Services segment, partly offset by lower performance-based compensation and continued progress with its cost reduction initiatives.

The Company also stated that yesterday it closed its previously announced acquisition of Hostopia.com (TSX: H). In accordance with the rules of the Toronto Stock Exchange, the effective date of the merger required to complete this transaction will be August 6, 2008.

"We are disappointed with our revenue performance in the quarter and certainly are not immune to the challenging economic conditions," said Lee Schram, CEO of Deluxe. "Despite these conditions, we remain optimistic about the continued transformation of Deluxe. The Hostopia acquisition will not only provide our customers with high quality web services offerings, but will also provide us with a web-enabled platform to launch our growing suite of business services offerings. In addition, we launched ShopDeluxe at the end of the quarter which is our new state-of-the-art e-commerce shopping site."

Second Quarter Performance

Revenue for the quarter was $367.7 million compared to $399.9 million during the second quarter of 2007. Small Business Services revenue was $18.6 million lower than the previous year driven primarily by economic softness. Financial Services revenue was down $7.9 million from the previous year due primarily to anticipated lower revenue per order while Direct Checks revenue decreased $5.7 million due to lower order volume.

Gross margin was 62.0 percent of revenue compared to 64.3 percent in 2007. Reductions in manufacturing costs from production efficiencies were more than offset by the lower revenue per order in Financial Services, an unfavorable shift in product mix and higher delivery-related costs mostly from fuel surcharges.

Selling, general and administrative (SG&A) expense decreased $23.0 million in the quarter. The decrease was driven by lower performance-based compensation, benefits from cost reduction initiatives and lower amortization of acquired intangible assets. As a percent of revenue, SG&A decreased to 45.3 percent from 47.4 percent in 2007.

Operating income was $61.3 million, compared to $67.5 million in the second quarter of 2007. Operating income was 16.7 percent of revenue compared to 16.9 percent in the prior year. The decrease in operating margin was driven primarily by the revenue decline, an unfavorable shift in product mix and higher delivery-related costs.

Net income decreased $3.4 million and diluted EPS decreased $0.06, driven by the lower operating income partially offset by lower interest expense due to a lower debt level.

Second Quarter Performance by Business Segment

Small Business Services revenue was $211.5 million versus $230.1 million in 2007. The decline was due to soft economic conditions and lower check volumes in Canada due to sales generated in 2007 by a government mandate requiring a new check format. Operating income decreased to $29.1 million from $30.0 million in 2007.

Financial Services revenue was $110.0 million compared to $117.9 million in 2007. Revenue per order was down in line with the Company's expectation. Second quarter order volume was down only 1.3% compared to last year. Operating income decreased to $18.8 million from $23.2 million in 2007.

Direct Checks revenue was $46.2 million compared to $51.9 million in 2007. Second quarter order volume was down due to the continued decline in check usage and advertising response rates. Operating income was $13.4 million compared to $14.3 million in 2007.

Year-to-Date Operating Cash Flow Performance

Cash provided by operating activities for the first six months of 2008 totaled $66.8 million, a decrease of $37.9 million compared to last year. The expected decrease in 2008 primarily relates to lower earnings and higher payments in the first quarter for 2007-related incentive compensation, partially offset by lower income tax payments and benefits from working capital initiatives.

Business Outlook

The Company stated that for the third quarter of 2008, revenue is expected to be between $367 million and $374 million, and diluted EPS is expected to be between $0.56 and $0.60. For the full year, revenue is expected to be between $1.515 billion and $1.535 billion, and diluted EPS is expected to be between $2.52 and $2.62. The Company also stated that it expects operating cash flow to be between $195 million and $205 million in 2008 and capital expenditures to be approximately $30 million.

"The importance of our transformational efforts have become increasingly clear as we see the impact the economy is having on our core small business checks and forms products," Schram stated. "Last week we completed another small strategic acquisition of a business social networking company called PartnerUp. Our recent acquisitions, including PartnerUp, Hostopia, Logo Mojo and the Johnson Group, begin to shift our portfolio from traditionally mature, print related markets in decline to business services markets that are growing. We believe that building out our offerings in these new spaces while investing in organic growth opportunities and remaining focused on our cost reduction initiatives will lead to sustainable top and bottom line growth for Deluxe in the medium term."

The Company also stated that its full year outlook includes a contribution from Hostopia and PartnerUp of approximately $15 million of revenue, $2 million of EBITDA and a diluted loss per share of $0.08 due primarily to estimated amortization associated with purchase accounting and interest expense. In addition, a previously planned price increase in Financial Services will go into effect early in the fourth quarter. Finally, the Company is undertaking a deeper review of its small business cost structure in light of recent business trends. Additional charges and the corresponding savings which may occur once the review is completed are not yet reflected in the current outlook or the Company's $225 million cost reduction target.

Conference Call Information

Deluxe will hold an open-access teleconference call today at 11:00 a.m. EDT (10:00 a.m. CDT) to review the financial results. All interested persons may listen to the call by dialing 800-329-9097 (access code 75758889). The presentation also will be available via a simultaneous webcast at http://www.deluxe.com/investors. An audio replay of the call will be available through midnight on August 7th by calling 888-286-8010 (access code 74753746). The presentation will be archived on Deluxe's Web site.

About Deluxe

Deluxe Corporation, through its industry-leading businesses and brands, helps financial institutions and small businesses better manage, promote, and grow their businesses. The Company uses direct marketing, distributors, and a North American sales force to provide a wide range of customized products and services: personalized printed items (checks, forms, business cards, stationery, greeting cards, labels, and retail packaging supplies), promotional products and merchandising materials, fraud prevention services, and customer retention programs. The Company also sells personalized checks and accessories directly to consumers. For more information about Deluxe, visit http://www.deluxe.com/.

About Hostopia.com

Hostopia.com Inc. is a leading provider of web services that enable small and medium-sized businesses to establish and maintain an internet presence. Hostopia's customers are communication services providers, including telecommunication carriers, cable companies, internet service providers, domain registrars and web hosting service providers. Hostopia's customers purchase its web services on a wholesale basis and resell these services under their own brands to small and medium-sized businesses. Hostopia provides customers with the technology, infrastructure and support services to enable them to offer web services while saving them research and development as well as capital and operating costs typically associated with the design, development and delivery of web services.

Forward-Looking Statements

Statements made in this release concerning the Company's or management's intentions, expectations, or predictions about future results or events are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect management's current expectations or beliefs, and are subject to risks and uncertainties that could cause actual results or events to vary from stated expectations, which variations could be material and adverse. Factors that could produce such a variation include, but are not limited to, the following: the inherent unreliability of earnings, revenue and cash flow predictions due to numerous factors, many of which are beyond the Company's control; declining demand for the Company's check and check-related products and services due to increasing use of alternative payment methods; intense competition in the check printing business; continued consolidation of financial institutions, thereby reducing the number of potential customers and referral sources and increasing downward pressure on our revenues and gross margins; risks that our Small Business Services segment strategies to increase its pace of new customer acquisition and average annual sales to existing customers, while at the same time increase its operating margins, are delayed or unsuccessful; risks that cost reductions in the Company's information technology, fulfillment and other shared services areas will be delayed or unsuccessful; performance shortfalls by the Company's major suppliers, licensors or service providers; unanticipated delays, costs and expenses in the development and marketing of new products and services, including new e-commerce, customer loyalty and business services, and the failure of such new products and services to deliver the expected revenues and other financial targets; and the impact of governmental laws and regulations. Our forward-looking statements speak only as of the time made, and we assume no obligation to publicly update any such statements. Additional information concerning these and other factors that could cause actual results and events to differ materially from the Company's current expectations are contained in the Company's Form 10-K for the year ended December 31, 2007.

Financial Highlights DELUXE CORPORATION CONSOLIDATED STATEMENTS OF INCOME (Dollars and shares in millions, except per share amounts) (Unaudited) Quarter Ended June 30, 2008 2007 Revenue $367.7 $399.9 Cost of goods sold 139.8 38.0% 142.8 35.7% Gross profit 227.9 62.0% 257.1 64.3% Selling, general and administrative expense 166.6 45.3% 189.6 47.4% Operating income 61.3 16.7% 67.5 16.9% Interest expense (12.4) (3.4%) (13.9) (3.5%) Other income 0.4 0.1% 0.8 0.2% Income before income taxes 49.3 13.4% 54.4 13.6% Income tax provision 16.7 4.5% 18.4 4.6% Net income $32.6 8.9% $36.0 9.0% Weighted average dilutive shares outstanding 51.4 52.0 Diluted earnings per share $0.63 $0.69 Capital expenditures $9.4 $7.7 Depreciation and amortization expense $15.6 $17.3 Number of employees-end of period 7,482 8,064 Non-GAAP financial measure - EBITDA(1) $77.3 $85.6

(1) Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) is not a measure of financial performance under generally accepted accounting principles (GAAP) in the United States of America. We disclose EBITDA because we believe it is useful in evaluating our operating performance compared to that of other companies in our industry, as the calculation eliminates the effects of long-term financing (i.e., interest expense), income taxes and the accounting effects of capital investments (i.e., depreciation and amortization), which may vary for companies for reasons unrelated to overall operating performance. In our case, depreciation and amortization of intangibles, as well as interest expense, were significantly impacted by the acquisition of New England Business Service, Inc. (NEBS) in June 2004. Additionally, interest expense in previous years was significantly impacted by borrowings used for our share repurchase programs. We believe that a measure of operating performance which excludes these impacts is helpful in analyzing our results. We also believe that an increasing EBITDA depicts increased ability to attract financing and increases the valuation of our business. We do not consider EBITDA to be a measure of cash flow, as it does not consider certain cash requirements such as interest, income taxes or debt service payments. We do not consider EBITDA to be a substitute for operating income or net income. Instead, we believe that EBITDA is a useful performance measure which should be considered in addition to GAAP performance measures. EBITDA is derived from net income as follows:

Quarter Ended June 30, 2008 2007 EBITDA $77.3 $85.6 Income tax provision (16.7) (18.4) Interest expense (12.4) (13.9) Depreciation and amortization expense (15.6) (17.3) Net income $32.6 $36.0 DELUXE CORPORATION CONSOLIDATED STATEMENTS OF INCOME (Dollars and shares in millions, except per share amounts) (Unaudited) Six Months Ended June 30, 2008 2007 Revenue $749.0 $803.7 Cost of goods sold 285.7 38.1% 292.1 36.3% Gross profit 463.3 61.9% 511.6 63.7% Selling, general and administrative expense 347.2 46.4% 378.9 47.1% Net gain on sale of product line - - (3.8) (0.5%) Operating income 116.1 15.5% 136.5 17.0% Interest expense (25.1) (3.4%) (26.7) (3.3%) Other income 0.9 0.1% 1.8 0.2% Income before income taxes 91.9 12.3% 111.6 13.9% Income tax provision 32.0 4.3% 40.4 5.0% Net income $59.9 8.0% $71.2 8.9% Weighted average dilutive shares outstanding 51.5 51.8 Diluted earnings per share $1.16 $1.37 Capital expenditures $15.2 $12.0 Depreciation and amortization expense $31.1 $34.6 Number of employees-end of period 7,482 8,064 Non-GAAP financial measure - EBITDA(1) $148.1 $172.9

Six Months Ended June 30, 2008 2007 EBITDA $148.1 $172.9 Income tax provision (32.0) (40.4) Interest expense (25.1) (26.7) Depreciation and amortization expense (31.1) (34.6) Net income $59.9 $71.2 DELUXE CORPORATION CONSOLIDATED CONDENSED BALANCE SHEETS (In millions) (Unaudited) June 30, December 31, June 30, 2008 2007 2007 Cash and cash equivalents $17.8 $21.6 $14.6 Marketable securities - - 177.3 Other current assets 158.1 170.4 179.8 Property, plant & equipment-net 132.4 139.2 140.6 Intangibles-net 135.9 148.5 160.9 Goodwill 586.2 585.3 585.0 Other non-current assets 132.8 145.8 151.3 Total assets $1,163.2 $1,210.8 $1,409.5 Short-term debt & current portion of long-term debt $62.2 $69.0 $326.6 Other current liabilities 179.6 228.6 209.0 Long-term debt 774.3 775.1 775.9 Deferred income taxes 12.6 10.2 13.0 Other non-current liabilities 66.8 86.8 85.4 Shareholders' equity (deficit) 67.7 41.1 (0.4) Total liabilities & shareholders' equity (deficit) $1,163.2 $1,210.8 $1,409.5 Shares outstanding 51.5 51.9 52.2 DELUXE CORPORATION CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (In millions) (Unaudited) Six Months Ended June 30, 2008 2007 Cash provided (used by): Operating activities: Net income $59.9 $71.2 Depreciation and amortization of intangibles 31.1 34.6 Contract acquisition payments (4.6) (9.7) Other (19.6) 8.6 Total operating activities 66.8 104.7 Investing activities: Purchases of capital assets (15.2) (12.0) Payments for acquisitions (1.7) (2.3) Net change in marketable securities - (177.3) Proceeds from sale of product line - 19.2 Other 0.1 3.9 Total investing activities (16.8) (168.5) Financing activities: Dividends (25.8) (26.0) Share repurchases (13.9) - Shares issued under employee plans 1.6 13.8 Net change in debt (7.7) 83.1 Other (7.8) (4.7) Total financing activities (53.6) 66.2 Effect of exchange rate change on cash (0.2) 0.6 Net change in cash (3.8) 3.0 Cash and cash equivalents: Beginning of period 21.6 11.6 Cash and cash equivalents: End of period $17.8 $14.6 DELUXE CORPORATION SEGMENT INFORMATION (In millions) (Unaudited) Quarter Ended June 30, 2008 2007 Revenue: Small Business Services $211.5 $230.1 Financial Services 110.0 117.9 Direct Checks 46.2 51.9 Total $367.7 $399.9 Operating income: Small Business Services $29.1 $30.0 Financial Services 18.8 23.2 Direct Checks 13.4 14.3 Total $61.3 $67.5 Six Months Ended June 30, 2008 2007 Revenue: Small Business Services $427.4 $461.9 Financial Services 224.0 231.4 Direct Checks 97.6 110.4 Total $749.0 $803.7 Operating income: Small Business Services $50.3 $63.2 Financial Services 37.7 38.9 Direct Checks 28.1 34.4 Total $116.1 $136.5

The segment information reported here was calculated utilizing the methodology outlined in the Notes to Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2007.

Deluxe Corporation

CONTACT: Terry D. Peterson, VP, Investor Relations and Chief Accounting
Officer of Deluxe Corporation, +1-651-787-1068

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

RRsat Presents 31% Increase in Adjusted Net Income in Second Quarter 2008; Increases Annual GuidanceRevenues Increase 30% to a Record $19.1 Million; Backlog Reaches Record $174 Million

OMER, Israel, July 31 /PRNewswire-FirstCall/ -- RRsat Global Communications Network Ltd. , a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, today announced its financial results for the three months ended June 30, 2008.

Second Quarter Highlights - Revenues increased 30% year-over-year, reaching $19.1 million - Gross margin increases to 32.4%; operating margin reaches 18.6% - Adjusted net income increased 31% year-over-year, reaching $3.6 million (GAAP net income, $3.3 million) - Backlog as of June 30, 2008, reached record level of $174 million Second Quarter 2008 Results:

Revenues for the second quarter of 2008 totaled a record $19.1 million, an increase of 30% compared to $14.7 million in the second quarter of 2007 and an increase of 7% compared to $17.8 million in the prior quarter.

Backlog of signed agreements, as of June 30, 2008, reached a record $174.0 million, a further increase of $15.2 million from the $158.8 million backlog of signed agreements as of March 31, 2008.

Operating income for the second quarter of 2008 totaled $3.6 million, a 12% increase compared to $3.2 million in the second quarter of 2007, and a 19% increase compared to $3.0 million in the prior quarter.

Adjusted net income for the second quarter of 2008 totaled $3.6 million, an increase of 31% compared to $2.7 million in the second quarter of 2007, and an increase of 5% compared to $3.4 million in the prior quarter. Adjusted net income per diluted share totaled $0.20, compared to $0.16 in the second quarter of 2007 and $0.20 in the prior quarter.

Net income on a GAAP basis for the second quarter of 2008 was $3.3 million, compared to $2.6 million, in the second quarter of 2007 and $2.6 million in the prior quarter. Net income per diluted share on a GAAP basis was $0.19, compared to $0.15 in the second quarter of 2007 and $0.15 in the prior quarter.

Adjusted EBITDA for the second quarter of 2008 totaled $4.6 million, an increase of 15% compared to $4.0 million in the second quarter of 2007, and an increase of 15% compared to $4.0 million in the prior quarter.

Cash, cash equivalents and marketable securities as at June 30, 2008 were $56.0 million, compared with $65.5 million as at March 31, 2008. During the quarter, the Company generated $5.4 million in operating cash flow. Cash was used for a dividend payment in June of $5.5 million and $8.3 million for acquisitions.

David Rivel, CEO of RRsat commented, "The second quarter of 2008 was another strong quarter, particularly in terms of revenues while improving our profitability, back to the ranges we expect. Furthermore, we continued to generate healthy cash flow, which will support our expansion strategy. Our backlog grew strongly, again to record levels offering us continued strong visibility for the coming years. In addition, we closed the acquisition of the Hawley teleport that will contribute to our growth in 2009 and beyond."

"Looking ahead, we expect 2008 to be stronger than our earlier expectations and we therefore increase our annual revenue guidance to between $77 and $78 million. We also introduce third quarter revenue guidance between $19.7 and $20.3 million," concluded Mr. Rivel.

Conference Call Information

Conference call scheduled later today, July 31, 2008 at 09:00 am ET (06:00 am PT; 02:00 pm UK Time; 04:00 pm Israel Time). On the call, Mr. David Rivel, Founder & CEO and Mr. Gil Efron, CFO will review and discuss the results and will be available to answer investor questions.

To participate, please call one of the following teleconferencing numbers. Please begin placing your calls at least 10 minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.

US Dial-in Number: 1-800-994-4498 UK Dial-in Number: 0-800-404-8418 Israel Dial-in Number: 03-918-0610 International Dial-in Number: +972-3-918-0610

A replay of the call will be available from the day after the call. The link to the replay will be accessible from RRsat's website at: http://www.rrsat.com/. In addition, a telephone replay will be available for two days following the call. To access the telephone replay dial one of the following numbers: 1-888-269-0005 (US) and +972-3-925-5943 (International).

Use of Non- GAAP Financial Measures

RRsat uses two financial measures, adjusted net income and adjusted EBITDA, which are non-GAAP financial measures. RRsat believes that both non-GAAP financial measures are principal indicators of the operating and financial performance of its business. Adjusted net income is calculated based on the net income in our financial statements excluding non-cash equity-based compensation charges recorded in accordance with SFAS 123R, the non-cash income (loss) reflecting changes in the fair value of embedded currency conversion derivatives resulting from the application of SFAS 133, and the resulting income tax (increase) decrease.

Adjusted EBITDA is calculated by deducting from net income interest and marketable securities income, currency fluctuation and other financial income (expenses), net, changes in fair value of embedded currency conversion derivatives, other income (expenses), net, and adding non-cash equity-based compensation charge, and depreciation and amortization. Management believes the non-GAAP financial measures (adjusted net income and adjusted EBITDA) provided are useful to investors' understanding and assessment of RRsat's on-going core operations and prospects for the future. Management uses these non-GAAP financial measures in order to evaluate the performance of the company. However, such measures should not be considered in isolation or as substitutes for results prepared in accordance with GAAP. In addition, RRsat's adjusted EBITDA may not be comparable to adjusted EBITDA as reported by other companies.

Reconciliations of the non-GAAP measures (adjusted net income and adjusted EBITDA) to net income, the most comparable GAAP measure, are provided in the schedules attached to this release.

About RRsat Global Communications Network Ltd.

RRsat Global Communications Network Ltd. provides global, comprehensive, content management and distribution services to the rapidly expanding television and radio broadcasting industries. Through its proprietary "RRsat Global Network," composed of satellite and terrestrial fiber optic transmission capacity and the public Internet, RRsat is able to offer high-quality and flexible global distribution services for content providers. RRsat's comprehensive content management services include producing and playing out TV content as well as providing satellite newsgathering services (SNG). RRsat concurrently provide these services to more than 425 television and radio channels, covering more than 150 countries. Visit the company's website http://www.rrsat.com/ for more information.

Safe Harbor Statement

This press 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, including statements regarding (i) the growth of our business and the television and radio broadcasting industries, (ii) our expectation to expand our client base and sell additional services to our existing client base, (iii) our ability to report future successes, (iv) our ability to consummate our acquisitions in a timely manner, or at all, (v) our ability to successfully integrate the acquired assets, (vi) the growth of our business in the United States and elsewhere, (vii) our ability to build a strong local presence in the North American region, and (viii) our intention to distribute dividends in the future and the size of any dividends declared. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry as of the date of this press release. For example, dividend declaration is not guaranteed and is subject to our board of directors' sole discretion, which may elect not to pay dividends in the future because of limitations of Israel law or because our expected results of operations, financial condition, contractual restrictions, planned capital expenditures, financing needs or other factors cause our board of directors to conclude that a distribution of dividends will prevent us from satisfying our existing and foreseeable obligations as they become due. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements, including the risks indicated in our filings with the Securities and Exchange Commission (SEC). For more details, please refer to our SEC filings and the amendments thereto, including our Annual Report on Form 20-F for the year ended December 31, 2007 and our Current Reports on Form 6-K.

RRsat Global Communications Network Ltd. and its Subsidiaries Consolidated Statements of Operations In thousands, except share data Six months ended Three months ended Jun-30 Jun-30 Jun-30 Jun-30 2008 2007 2008 2007 Revenues $ 36,964 $ 27,935 $ 19,125 $ 14,660 Cost of revenues 25,292 17,918 12,919 9,448 Gross profit 11,672 10,017 6,206 5,212 Operating expenses Sales and marketing 1,848 1,370 947 708 General and administrative 3,276 2,775 1,703 1,340 Total operating expenses 5,124 4,145 2,650 2,048 Operating income 6,548 5,872 3,556 3,164 Interest and marketable securities income 803 1,403 426 834 Currency fluctuation and other financing income (expenses), net 396 (141) 215 (149) Changes in fair value of embedded currency conversion derivatives (1,193) 16 (205) (12) Other income, net 12 4 12 4 Income before taxes on income 6,566 7,154 4,004 3,841 Income taxes (674) (1,915) (695) (1,227) Net income $ 5,892 $ 5,239 $ 3,309 $ 2,614 RRsat Global Communications Network Ltd. and its Subsidiaries Consolidated Statements of Operations (cont'd) In thousands, except share data Six months ended Three months ended Jun-30 Jun-30 Jun-30 Jun-30 2008 2007 2008 2007 Income per ordinary share Basic income per ordinary share $0.34 $0.30 $0.19 $0.15 Diluted income per ordinary share $0.34 $0.30 $0.19 $0.15 Weighted average number of ordinary share used to compute basic income per ordinary share 17,286,762 17,242,300 17,286,762 17,242,300 Weighted average number of Ordinary share used to compute diluted income per ordinary share 17,423,834 17,368,054 17,397,133 17,395,242 RRsat Global Communications Network Ltd and its subsidiaries Reconciliation of Adjusted Net Income and Adjusted EBITDA in thousands except share data Six months ended Three months ended Jun-30 Jun-30 Jun-30 Jun-30 2008 2007 2008 2007 Reconciliation of Net Income to Adjusted Net Income: Net income - as reported $ 5,892 $ 5,239 $ 3,309 $ 2,614 Non-cash equity-based compensation charge 207 206 103 101 Changes in fair value of embedded currency conversion derivatives 1,193 (16) 205 12 Change in deferred tax on embedded derivatives (322) 5 (55) (3) Adjusted net income $ 6,970 $ 5,434 $ 3,562 $ 2,724 Adjusted net income per diluted ordinary share $ 0.40 $ 0.31 $ 0.20 $ 0.16 Reconciliation of Net Income to Adjusted EBITDA: Net income - as reported $ 5,892 $ 5,239 $ 3,309 $ 2,614 Interest and marketable securities income (803) (1,403) (426) (834) Currency fluctuation and other financial (income) expenses, net (396) 141 (215) 149 Changes in fair value of embedded currency conversion derivatives 1,193 (16) 205 12 Other income, net (12) (4) (12) (4) Income tax expense 674 1,915 695 1,227 Non-cash equity-based compensation charge 207 206 103 101 Depreciation and amortization 1,779 1,387 911 717 Adjusted EBITDA $8,534 $7,465 $4,570 $3,982 RRsat Global Communications Network Ltd. and its Subsidiaries Consolidated Balance Sheets In thousands Jun-30 Dec-31 2008 2007 Current assets Cash and cash equivalents $32,143 $28,409 Marketable securities 22,251 28,291 Accounts receivable: Trade (net of provision for doubtful account of $ 2,251 and $ 1,882 as of June 30, 2008 and December 31, 2007, respectively) 8,722 10,421 Other 844 518 Fair value of embedded currency conversion derivatives 1,493 1,303 Related parties 16 14 Deferred taxes 1,222 711 Prepaid expenses 1,290 919 Total current assets 67,981 70,586 Deposits and long-term receivables 5,033 1,104 Marketable securities 1,643 6,722 Prepaid expenses 1,040 1,025 Assets held for employee severance payments 1,226 987 Fixed assets, at cost, less accumulated depreciation and amortization 21,150 14,966 Total assets $98,073 $95,390 RRsat Global Communications Network Ltd. and its Subsidiaries Consolidated Balance Sheets (Cont'd) Jun-30 Dec-31 2008 2007 Liabilities and shareholders' equity Current liabilities Account payable: Trade $6,205 $5,040 Other 1,199 1,559 Fair value of embedded currency conversion derivatives 2,999 1,616 Related parties - 26 Deferred income 3,268 5,191 Total current liabilities 13,671 13,432 Long-term liabilities Deferred income 6,552 5,169 Liability in respect of employee severance payments 1,421 1,011 Deferred taxes 747 619 Total long-term liabilities 8,720 6,799 Total liabilities 22,391 20,231 Shareholders' equity Share capital: Ordinary shares NIS 0.01 par value each (20,000,000 authorized as of June 30, 2008 and December 31, 2007, 17,286,762 shares issued and fully paid as of June 30, 2008 and December 31, 2007) 40 40 Additional paid in capital 51,898 51,691 Retained earnings 23,789 23,429 Accumulated other comprehensive loss (45) (1) Total shareholders' equity 75,682 75,159 Total liabilities and shareholders' equity $98,073 $95,390 Consolidated Statements of Cash Flows In thousands Six months ended Three months ended Jun-30 Jun-30 Jun-30 Jun-30 2008 2007 2008 2007 Cash flows from operating activities Net income $5,892 $5,239 $3,309 $ 2,614 Adjustments required to reconcile net income to net cash provided by operating activities Depreciation and amortization 1,779 1,387 911 717 Provision for losses in account receivable 369 345 214 104 Deferred taxes (367) 87 (76) 130 Discount accretion and premium amortization of held- to- maturity securities, net (385) (556) (148) (402) Discount accretion and premium amortization of available- for- sale securities, net (120) - (78) - Changes in liability for employee severance payments, net 171 79 43 (29) Capital gains on sale of fixed assets, net (12) (4) (12) (4) Stock- based compensation expenses 207 206 103 101 Changes in fair value of embedded currency conversion derivatives 1,193 (16) 205 12 Changes in assets and liabilities: Decrease (increase) in account receivable - trade 1,330 401 (327) (95) Decrease (increase) in related parties, net (28) (278) (6) (200) Decrease (increase) in account receivable - other (326) 165 156 332 Decrease (increase) in prepaid expenses (371) (910) 858 (184) Decrease (increase) in deposits and long-term receivables (504) 332 (82) 162 Increase (decrease) in account payables 866 (139) 655 80 Increase (decrease) in deferred income (540) 752 (347) 1,260 Net cash provided by operating activities $ 9,154 $ 7,090 $ 5,378 $ 4,598 Consolidated Statements of Cash Flows (cont'd) In thousands Six months ended Three months ended Jun-30 Jun-30 Jun-30 Jun-30 2008 2007 2008 2007 Cash flows from investing activities Investment in fixed assets $(8,024) $(2,139) $(6,070) $(1,368) Investment in other assets (20) (998) (10) (998) Payment in respect of acquisition of activity (3,425) - (3,425) - Investments in securities available- for- sale (10,393) - (1,500) - Investments in securities held to maturity - (33,824) - (8,646) Decrease (increase) in trading securities, net 1,497 (4,621) 1,214 (1,497) Proceeds from securities available- for- sale 4,000 - 2,000 - Proceeds from securities held to maturity 16,460 - 7,635 - Proceeds from sale of fixed assets 17 8 17 8 Net cash provided by (used in) investing activities $112 $(41,574) $(139) $(12,501) Cash flows from financing activities Increase in short term credit $- $70 $- $70 Dividend paid (5,532) - (5,532) - Net cash provided by (used in) financing activities $(5,532) $70 $(5,532) $70 Increase (decrease) in cash and cash equivalents 3,734 (34,414) (293) (7,833) Balance of cash and cash equivalents at beginning of period 28,409 51,393 32,436 24,812 Balance of cash and cash equivalents at end of period $ 32,143 $ 16,979 $ 32,143 $ 16,979 A. Non-cash transactions Investment in fixed assets $ 77 $ 511 $ 77 $ 511 B. Supplementary cash flow information Income taxes paid $ 1,442 $ 1,892 $ 535 $ 884 Company Contact Information: Gil Efron, CFO Tel: +972-8-861-0000 investors@rrsat.com External Investor Relations Contacts: Ehud Helft / Kenny Green Tel: +1-646-201-9246 info@gkir.com

RRSat Global Communications Network Ltd

CONTACT: Company Contact Information: Gil Efron, CFO, Tel:
+972-8-861-0000, investors@rrsat.com; External Investor Relations Contacts:
Ehud Helft / Kenny Green, Tel: +1-646-201-9246, info@gkir.com

ProLink GPS Now in Play at Skybrook Golf ClubSystem Boosts Pace of Play and Revenue at Highly Rated Charlotte-Area Course

CHANDLER, Ariz., July 31 /PRNewswire-FirstCall/ -- ProLink Solutions -- a wholly-owned subsidiary of ProLink Holdings Corp. (BULLETIN BOARD: PLKH) and the world's leading provider of Global Positioning Satellite ("GPS") golf course management systems and digital out-of-home on-course advertising -- today announces Skybrook Golf Club (Huntersville, N.C.) now features the ProLink Solutions GPS system used at many of the world's most famous golf courses.

Ranked among the upper echelon of courses in the Charlotte area, Skybrook is a John LaFoy design marked by hilly terrain and scenic views. Landing areas are generous while Skybrook offers six sets of tees. From the Championship markers, the course plays over 7,000 yards with a USGA Slope rating of 135.

"The ProLink GPS system is an ideal aid to help our golfers negotiate the course," says Mike Riddle, General Manager at Skybrook. "It's much easier to maintain a good pace of play with precise yardages inside the cart. The system also has many functions that help us manage the course better and generate additional revenue, such as the food-and-beverage menu and tournament scoring software."

"We are proud to add a new trusted partner in Skybrook Golf Club, an outstanding course with amenities to match," says Lawrence D. Bain, CEO of ProLink Solutions. "Upscale daily-fee clubs now regard the ProLink system as a necessity, relying on it to streamline course and clubhouse functions. ProLink's unique ability to generate incremental income from several sources makes it invaluable in today's competitive golf environment."

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

For more information on Skybrook Golf Club, visit http://www.skybrookgolf.com/ or call 704.948.6611.

About ProLink

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

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

ProLink Holdings Corp.

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

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

RDM Corporation reports third quarter resultsToronto Stock Exchange Symbol: RC

WATERLOO, ON, July 31 /PRNewswire-FirstCall/ -- RDM Corporation (TSX: RC), a leading provider of solutions for the electronic commerce and payment processing markets, today reported its financial results for the three month period ended June 30, 2008.

Q3 2008 Highlights - ITMS(R) end user locations increased from 11,500 to 13,333 during the third quarter. - Total revenues were $5.2 million in Q3 2008, compared to $6.8 million in Q3 2007. - Digital Imaging segment revenues were $4.3 million, compared to $5.5 million a year earlier. - Gross profit was $1.9 million or 37% of revenues, compared to $2.8 million or 41% of revenues in the third quarter of 2007. - The remaining proceeds from the Xign disposal totaling $1,062,000 were received resulting in a gain of $559,000. Xign was disposed in 2007. - Net loss was $298,000 or $(0.01) per share in the third quarter of 2008, compared to net earnings of $3,240,000 or $0.15 per share a year earlier. - Cash and equivalents at June 30, 2008 were $17.1 million. - Scanner volume for the third quarter of 2008 was 7,500 units compared to 10,480 units in the third quarter of 2007. - Transaction volumes for RDM's Image & Transaction Management System (ITMS(R)) averaged 2.75 million items per week during the third quarter of fiscal 2008, compared to 1.5 million items per week a year earlier, and 2.5 million items per week during Q2 2008. - RDM added four additional bank distributors and five new independent sales organizations (ISOs) during the quarter.

"We continue to see positive momentum in our ITMS business. Strong interest in our recently launched Simply Deposit(TM) product enabled us to grow our ISO channel from one partner to six during the third quarter. We processed an average of 300,000 more transactions per week than the previous quarter, and established a new record by adding 1,833 new end user locations to our network," said Douglas Newman, President and CEO of RDM Corporation. "Scanner sales, which still constitute the majority of our revenues, were lower than expected. We experienced delays in some anticipated large orders, as well as an order for 5,000 units that was booked late in the quarter with nearly half of the shipments sliding into the next period."

Mr. Newman continued: "The remote deposit capture market represents an excellent long-term opportunity, although I believe the rate of deployment has slowed this year with U.S. banks being distracted by credit-related issues. Heading into the fourth quarter, we expect to see sequential growth with fourth quarter revenues returning to the range we saw in the first two quarters of the fiscal year."

Financial Review

RDM recorded revenues of $5.2 million in the three months ended June 30, 2008, a decrease of $1.6 million from the comparable period of fiscal 2007. The decrease in reported revenue was primarily caused by the rapid appreciation over the past year of the Canadian dollar compared to the U.S. dollar, and by a decrease in the volume of scanner sales. The Digital Imaging segment generated $4.4 million of revenues, a decrease of 20% from Q3 2007, as lower equipment sales were only partially offset by the continued growth in ITMS revenues.

RDM's main distribution channel for its remote deposit capture (RDC) products and services has been U.S. financial institutions, which over the past six months have faced challenging times due to asset valuation issues. As a result of this financial uncertainty, a number of planned or anticipated RDC initiatives by financial institutions have been delayed due to resource constraints or shifted priorities. RDC adoption has not grown as quickly in 2008 as many had expected and overall seat deployment is lower than industry projections made just 10 months ago.

To both broaden RDM's distribution channel and to accelerate its growth rate of ITMS revenue, RDM has developed Simply Deposit(TM), an RDC solution targeted at the small business market. Simply Deposit(TM) can be offered to businesses through the ISO channel without the need for the businesses to change their depository relationship.

Revenues in the Electronic Payments Solutions segment comprised of custom development projects for government agencies and financial institution customers, decreased $191,000 to $554,000 in the third quarter of 2008 compared to the third quarter of 2007. Revenues in the Quality Assurance segment, comprised of quality control products sold to commercial check printers and processors, were below expectations at $331,000, compared to $579,000 in Q3 2007.

Gross profit was $1.9 million in Q3 2008 compared to $2.8 million in the third quarter of 2007. Expressed as a percentage of revenue, gross margin was 37% in Q3 2008 compared to 41% a year earlier, due to the impact of exchange rates and a change in product mix.

Sales and marketing expense increased to $1.3 million from $1.2 million in Q3 2007, as efforts were focused on signing new ITMS banks and ISO resellers, preparing for the introduction of a batch scanner, and the launch of Simply Deposittm. Research and development expenses grew $6,000 to $888,000 as the Company maintained its investment in new product development. General and administration expenses increased $193,000 to $584,000 during the quarter, with the increase largely attributable to costs associated with the launch of Simply Deposit(TM), as well as an unusually low G&A expense incurred in the third quarter of 2007 due to the timing of certain expenses.

RDM recorded a net loss of $298,000 in the third quarter of 2008, or $(0.01) per share, compared to net earnings of $3,240,000 or $0.15 per share a year earlier. The decrease was caused by a decrease in exchange income on the forward contracts totaling $0.6 million, a difference in the gain on the sale of Xign of $2.1 million as well as the impact of the dramatic changes in exchange rates on revenues.

RDM implemented a normal course issuer bid in May, and repurchased 12,700 shares during the quarter. The Company had 21,475,126 common shares outstanding at June 30, 2008.

Conference Call

RDM will be hosting a conference call to discuss the Company's third quarter financial results on July 31, 2008 at 9:00 a.m. ET. Dial-in numbers are 416-644-3421 or 1-800-731-5319. The call will be webcast live and archived at http://www.rdmcorp.com/. Detailed financial results and management's discussion and analysis for the third quarter of fiscal 2008 will be filed at http://www.sedar.com/.

About RDM Corporation

RDM Corporation is headquartered in Waterloo, Ontario and trades on the Toronto Stock Exchange under the symbol RC. RDM is a leading provider of specialized software and hardware products for electronic payment processing. RDM has pioneered electronic check conversion systems and web based image and transaction management services for banks, retailers, payment processors and government agencies as well as print quality control and image quality systems for a variety of global customers. For further information, visit RDM's website at http://www.rdmcorp.com/.

This news release contains forward-looking statements. Forward-looking statements are based on estimates and assumptions made by RDM in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that RDM believes are appropriate in the circumstances. Many factors could cause RDM's actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements. Risk factors relating to RDM are discussed in the Risks and Uncertainties section of RDM's Annual Information Form and year-end Management's Discussion and Analysis. These factors should be considered carefully, and readers should not place undue reliance on RDM's forward-looking statements. RDM has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

RDM CORPORATION Consolidated Balance Sheets (Amounts In Canadian Dollars, In Thousands) ------------------------------------------------------------------------- June 30, 2008 September 30, 2007 Unaudited Audited ------------------------------------------------------------------------- Assets: Current assets: Cash and cash equivalents $ 17,107 $ 17,418 Accounts receivable 3,713 6,365 Other receivable - 503 Inventories 8,343 4,720 Investment tax credit receivable 1,586 1,451 Other 341 1,843 ------------------------------------------------------------------------- Total current assets 31,090 32,300 Furniture and equipment 3,031 2,011 Intangible assets 279 235 ------------------------------------------------------------------------- Total assets $ 34,400 $ 34,546 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Liabilities and shareholders' equity: Current liabilities: Accounts payable and accrued liabilities $ 4,349 $ 4,587 Future income tax liability 210 210 Deferred revenue 390 427 ------------------------------------------------------------------------- Total current liabilities 4,949 5,224 Future income tax liability 27 32 Shareholders' equity: Share capital 28,279 27,978 Contributed surplus 1,310 927 Retained earnings (deficit) (165) 401 Share purchase loans - (16) ------------------------------------------------------------------------- Total shareholders' equity 29,424 29,290 ------------------------------------------------------------------------- Total liabilities and shareholders' equity $ 34,400 $ 34,546 ------------------------------------------------------------------------- ------------------------------------------------------------------------- RDM CORPORATION Consolidated Statements of Operations and Deficit (Amounts in Canadian Dollars, In Thousands, Except Per Share Amounts) Three months ended Nine months ended June June 2008 2007 2008 2007 (Unaudited) (Unaudited) (Unaudited) (Unaudited) ------------------------------------------------------------------------- Revenue $ 5,237 $ 6,791 $ 19,131 $ 26,419 Cost of revenue 3,293 4,021 11,746 15,817 ------------------------------------------------------------------------- Gross Profit 1,944 2,770 7,385 10,602 Operating expenses: Sales and marketing 1,269 1,182 3,564 3,085 Research and development 888 882 2,846 2,792 General and administration 584 391 1,471 1,399 Depreciation and amortization 246 154 610 493 Stock-based compensation 126 120 383 290 Interest (181) (123) (512) (252) Foreign exchange loss (gain) (131) (684) 153 (442) Gain on sale of long term investment (559) (2,707) (559) (2,707) ------------------------------------------------------------------------- 2,242 (785) 7,956 4,658 ------------------------------------------------------------------------- Earnings (loss) before taxes (298) 3,555 (571) 5,944 Future income Tax expense (recovery) - 315 (5) 823 ------------------------------------------------------------------------- Net earnings (loss) and comprehensive earnings (loss) $ (298) $ 3,240 $ (566) $ 5,121 ------------------------------------------------------------------------- Retained earnings (deficit), beginning of period $ 133 $ (3,475) $ 401 $ (5,356) ------------------------------------------------------------------------- Retained earnings (deficit), end of period $ (165) $ (235) $ (165) $ (235) ------------------------------------------------------------------------- ------------------------------------------------------------------------- Earnings per share - basic $ (.01) $ 0.15 $ (.03) $ 0.24 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Earnings per share - basic and diluted $ (.01) $ 0.15 $ (.03) $ 0.23 ------------------------------------------------------------------------- ------------------------------------------------------------------------- RDM CORPORATION Consolidated Statements of Cash Flows (Amounts in Canadian Dollars, In Thousands) Three months ended Nine months ended June June 2008 2007 2008 2007 (Unaudited) (Unaudited) (Unaudited) (Unaudited) ------------------------------------------------------------------------- Cash provided by (used in): Operations: Net earnings (loss) Items not involving cash: $ (298) $ 3,240 $ (566) $ 5,121 Amortization of furniture and equipment 235 144 580 469 Amortization of intangible assets 11 10 30 24 Stock-based compensation 126 120 383 290 Future income taxes - 315 (5) 823 Gain on sale of long-term investment (559) (2,707) (559) (2,707) Change in non-cash operating working capital (1,052) (2,931) 121 (2,618) ------------------------------------------------------------------------- Cash provided by (used in) operations (1,537) (1,809) (16) 1,402 Financing: Issuance of share capital; net of issue costs - 112 321 1,242 Repayment of share purchase loans - 8 16 24 ------------------------------------------------------------------------- Cash provided by financing activities - 120 337 1,266 Investing: Repurchase of share capital (20) - (20) - Cash proceeds on sale of long-term investment 1,062 8,600 1,062 8,600 Purchase of furniture and equipment (232) (162) (1,600) (591) Additions to intangible assets (16) (27) (74) (67) ------------------------------------------------------------------------- Cash provided by (used in) investing activities 794 8,411 (632) 7,942 Increase (decrease) in cash (743) 6,722 (311) 10,610 Cash and cash equivalents, beginning of period 17,850 10,062 17,418 6,174 ------------------------------------------------------------------------- Cash and cash equivalents, end of period $ 17,107 $ 16,784 $ 17,107 $ 16,784 ------------------------------------------------------------------------- -------------------------------------------------------------------------

RDM Corporation

CONTACT: Douglas Newman, Chief Executive Officer, RDM Corporation, (519)
746-8483 ext. 340 phone, (519) 746-3317 fax, dnewman@rdmcorp.com; James
Merwin, Chief Financial Officer, RDM Corporation, (519) 746-8483 ext. 284
phone, (519) 746-3317 fax, jmerwin@rdmcorp.com

Verizon Business Receives Top Honors from Frost & Sullivan for VoIP ServicesAward Cites Portfolio Diversity, Innovative Design Solutions, Efficient Convergence Strategies as Key Factors

BASKING RIDGE, N.J., July 31 /PRNewswire/ -- Verizon Business has earned the 2008 North American Frost & Sullivan Award for Product Line Strategy for its leadership in developing and delivering hosted IP telephony and voice-over-IP access services. The award is presented by the leading analyst firm each year to a company that has demonstrated the most insight into customer needs and product demands.

"Verizon Business combines best-of-breed hosted IP telephony and VoIP access solutions with the financial and operational stability of the Verizon brand, enabling it to become a premier provider of enterprise communications services," said Imran Khan, research analyst, Frost & Sullivan. "While a number of providers offer hosted IP telephony solutions, few are able to offer a robust product line that meets the diverse needs of small-, medium- and large-enterprise customers alike."

The award also singles out Verizon Business for working with customers to offer hybrid solutions -- combinations of services from the company's VoIP portfolio -- that enable customers to create a single, network-based solution to meet their business needs. The award notes the particular benefit this versatility presents to customers with more complex networks.

"This award recognizes Verizon Business' leadership in helping companies through the IP transformation," said Nancy Gofus, senior vice president and chief marketing officer, Verizon Business. "Our comprehensive IP portfolio, including advanced collaboration capabilities enabled by unified communications, helps our customers do business better in ways they may never have imagined."

In selecting Verizon Business, Frost & Sullivan also credited the company for offering a unified communications platform that integrates voice communications. Verizon Business' Integrated Communications Package -- available for customers of Hosted IP Centrex, part of Verizon Business' VoIP portfolio -- provides a dynamic hub where employees can access voice mail, control incoming and outgoing calls, manage their online presence, send text messages, and synchronize contacts and calendars. Ideal for managing communications and enhancing collaboration and productivity, Integrated Communications Package is available in the U.S. and will soon be available in Europe.

Moreover, Frost & Sullivan cited the wide array of professional and managed services available to Verizon Business customers. Verizon Business' professional services experts are instrumental in helping organizations navigate the complexity of moving from the traditional legacy voice (PSTN) world to voice over IP. In addition, the company provides a complementary set of managed network, managed hosting and managed services offerings, managing and maintaining more than 4,000 customer networks and over 260,000 communications devices around the world.

Finally, Verizon Business' service level agreements (SLAs) and a wide range of customer premises equipment (CPE) options and vendors were named as contributing factors for Frost & Sullivan's recognition.

Last year, Frost & Sullivan awarded its 2006 Product Line Strategy Award for Enterprise wide area networking (WAN) services to Verizon Business for its ability to introduce new wide area networking products that are strategically positioned to balance its already robust overall product portfolio.

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 customers an unmatched combination of security, reliability and speed. The company integrates advanced IP communications and information technology (IT) products and services to deliver leading enterprise solutions including managed services, security, mobility, 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/.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership(TM) empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnership Services, visit http://www.frost.com/.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.

Verizon Business

CONTACT: Maria Montenegro of Verizon Business, +1-703-886-6063,
maria.montenegro@verizon.com

Web site: http://www.verizonbusiness.com/
http://www.verizon.com/news
http://www.frost.com/

iCAD Reports Record Second Quarter Financial ResultsRecord Revenue and Earnings Driven by Strong Growth in Digital Mammography CADProvides Second Half 2008 Financial GuidanceConference Call Begins Today at 10:00 a.m. ET

NASHUA, N.H., July 31 /PRNewswire-FirstCall/ -- iCAD, Inc. , an industry-leading provider of Computer-Aided Detection (CAD) solutions for the early identification of cancer, today announced record financial results for the three and six months ended June 30, 2008. Financial highlights for the second quarter of 2008 include the following (all comparisons are with the second quarter of 2007):

-- Record total revenue of $10.5 million, up 73 percent -- Record digital revenue of $8.0 million, up more than 100 percent -- International revenue of $693,000, up nearly 300 percent -- Gross margin of 83.6 percent, up more than 350 basis points -- Record net income of $2.4 million, or $0.06 per basic share -- Fourth consecutive quarter with positive cash flow Other highlights of the quarter include:

-- Receipt of U.S. Food and Drug Administration (FDA) approval for the Company's SecondLook(R) Digital CAD system for sale with Fujifilm's Computed Radiography for Mammography (FCRm) systems. SecondLook Digital for FCRm is the first CAD product approved and available in the U.S. for use with computed radiography.

-- Announcement of the acquisition of CAD Sciences, a privately held medical technology company that develops and distributes pharmacokinetic-based CAD products that aid in the interpretation of contrast enhanced Magnetic Resonance Imaging (MRI) images of the breast and prostate.

-- Ranked #1 in mammography CAD by MD Buyline's User Satisfaction Report for the first two quarters of 2008.

-- Established a $5 million line of credit with RBS Citizens Bank to replace the line of credit with the Company's founder.

-- Appointed Anthony F. Ecock, a Senior Operating Executive with the private equity firm Welsh, Carson, Anderson & Stowe, and former Vice President and General Manager of GE Healthcare to the Company's Board of Directors.

"We are especially proud of our financial performance during the second quarter 2008 as it was a record quarter by all financial measurements. We achieved records in revenue, gross margin, net income and cash flow, among other financial metrics relevant for a growing, healthy company," commented Ken Ferry, iCAD's President and CEO. "In addition to the continued strong demand for our digital products, the quarter was positively impacted by the FDA approval of our SecondLook Digital product for use with Fujifilm's Computed Radiography for Mammography systems. SecondLook Digital for FCRm represents a considerable market opportunity as it is the first CAD product approved and available in the U.S. for use with computed radiography, a successful and growing product category for Fujifilm. The second quarter of 2008 also benefited from the launch of a new version of our comparative reading solution, TotalLook MammoAdvantage(TM). We expect increasing demand for this advanced comparative reading solution as the transition from film to digital mammography continues, and the need to digitize archived film images grows as well."

"Growth opportunities for the digital CAD market continue to be strong as there remains considerable room for sustained expansion in the coming years. According to the FDA website, as of the close of the second quarter of 2008, 38 percent of the installed mammography base in the U.S. had transitioned to digital, leaving 62 percent of the just over 13,500 systems available for conversion to digital in the coming years. With CAD selling at a nearly one to one attachment rate to digital systems placed, we are confident that there is substantial opportunity for growth over the next two to three years, as these centers continue to migrate to digital technology."

Commenting on the recently completed acquisition of CAD Sciences, Mr. Ferry said, "Our acquisition of CAD Sciences broadens our leadership position beyond mammography CAD and provides a comprehensive portfolio of advanced image analysis and workflow solutions for the early detection of the most prevalent cancers. Magnetic Resonance Imaging (MRI) and Computed Tomography (CT) are demonstrating significant advances in the imaging sector and our internal development program for colon cancer detection with CT, along with this acquisition, extends our reach to the imaging modalities of CT and MRI, in addition to our expertise in film-based, digital radiography and computed radiography."

"Our integration of this key CAD technology for breast and prostate MRI should provide significant synergy regarding customer call points for our sales team, and we expect physician adoption to be accelerated by iCAD's strong market position in mammography CAD," he added.

2008 Second Quarter Results

Total revenue for the second quarter of 2008 was $10.5 million, a 73 percent increase compared with total revenue of $6.1 million for the second quarter of 2007. The increase reflects continued strong growth in sales of the Company's digital products, specifically the Company's SecondLook product. Second quarter 2008 also benefited from the launch of the Company's new version of its TotalLook MammoAdvantage product, as customers held off purchasing decisions in the first quarter of 2008 awaiting this new product. The modest gains in service and supply revenue are primarily due to new service contracts for digital products offset by declining new contracts from film-based product sales, which are maturing. In addition, service and supply revenue continues to be impacted by reduction in time and material billings for repair services and related parts sales as the market transitions to digital systems, which require less service and repair. Over time, the Company expects to see growth in this segment as digital CAD systems sales grow and transition from warranty to service contracts.

The gross margin for the second quarter of 2008 increased to 83.6 percent from 80.0 percent in the prior-year second quarter. For the second quarter of 2008, the Company posted net income, including stock-based compensation expense of $425,000, of $2.4 million or $0.06 per basic share, compared with a net loss, including stock-based compensation expense of $216,000, of ($866,000) or ($0.02) per basic share in the second quarter of 2007.

For the second quarter of 2008, sales of iCAD's digital products increased 101 percent to $8.0 million from $4.0 million in the prior-year period. Sales of film-based products increased 31.7 percent to $1.7 million from $1.3 million, and service and supply revenue increased 3.7 percent to $872,000 from $841,000, both compared with second quarter 2007 results.

Three months ended June 30, 2008 2007 % Change Digital revenue $7,961,945 $3,961,880 101.0% Analog revenue 1,715,180 1,301,852 31.7% Service & supply revenue 872,364 841,004 3.7% Total revenue $10,549,489 $6,104,736 72.8% 2008 Six Months Results

For the six months ended June 30, 2008, total revenue increased 38.6 percent to $17.0 million compared with total revenue of $12.3 million for the six months ended June 30, 2007. The gross margin for the first six months of 2008 increased to 83.1 percent from 80.2 percent in the comparable prior-year period. Net income for the six months ended June 30, 2008, including stock- based compensation expense of $817,000, increased to $1.9 million or $0.05 per basic share, compared with a net loss, including stock-based compensation expense of $493,000, of ($1.4 million), or ($0.04) per basic share, for the six months ended June 30, 2007.

For the first six months of 2008, sales of iCAD's digital solutions increased 65.2 percent over the prior-year period to $12.2 million from $7.4 million. Film-based analog products sales of $3.1 million were essentially flat compared with $3.1 million of analog product sales recorded during the first six months of 2007. During the first six months of 2008, service and supply revenue decreased by 4 percent to $1.6 million from $1.7 million reported for the first six months of 2007.

Six months ended June 30, 2008 2007 % Change Digital revenue $12,247,611 $7,415,250 65.2% Analog revenue 3,084,137 3,119,156 -1.1% Service & supply revenue 1,649,757 1,717,816 -4.0% Total revenue $16,981,505 $12,252,222 38.6%

Commenting on the balance sheet, Darlene Deptula-Hicks, Executive Vice President and Chief Financial Officer, said, "During the second quarter of 2008, we significantly improved our balance sheet and generated over $1.9 million in cash, marking our fourth consecutive quarter of positive cash flow. Importantly, while we achieved over 72 percent revenue growth during the quarter, we held operating expenses to a very modest 11 percent increase."

As of June 30, 2008, iCAD had cash and cash equivalents of $7.1 million, compared with $4.3 million as of December 31, 2007. As of the second quarter 2008, inventories increased modestly to $2.1 million from $1.8 million as of December 31, 2007, primarily due to preparing for the launch of SecondLook for Fujifilm's FCRm. Accounts payable were $1.8 million, down slightly from $2.0 million and accounts receivable modestly decreased to $6.2 million, from $6.5 million as of December 31, 2007. Backlog as of June 30, 2008 increased by 70 percent to $2.7 million compared with June 30, 2007.

2008 Financial Guidance

iCAD today introduces financial guidance for the second half of 2008. The Company expects total revenue for the second half of 2008 to be in the range of $21 million to $22 million. On a full year basis, total revenue is projected to be in the range of $38 million to $39 million. The Company also expects to achieve second half gross margins consistent with or better than Q2 of 2008 of 83.6 percent, and anticipates operating expenses for the second half to be between $14.5 million and $15.3 million and weighted more heavily in the fourth quarter. This operating expense guidance includes approximately $2.0 million in spending for a combination of the integration costs associated with the acquisition of CAD Sciences, which includes revamping the "go to market" strategy for the Breast and Prostate MRI CAD products and preparations for the re-launch of these products in Q4 2008, along with the costs associated with the clinical trial for the Company's colon CAD product which is currently underway in partnership with ACR Image Matrix, and expected to conclude in December 2008. Approximately $1.1 million of these $2.0 million anticipated expenses should be second half only expenses. We expect net income to be between $2.7 million and $3.0 million for the second half of 2008.

Conference Call

iCAD management will host an investment community conference call beginning at 10:00 a.m. ET today to discuss these results and to answer questions. The conference call, along with a PowerPoint presentation related to the call, will be broadcast live on the Internet at http://www.streetevents.com/, http://www.fulldisclosure.com/ or http://www.icadmed.com/. Stockholders and other interested parties may participate in the conference call by dialing +1-866-356-4281 (domestic) or +1-617-597-5395 (international) and entering passcode 59209440.

A replay of the conference call will be accessible two hours after its completion through August 7, 2008 by dialing +1-888-286-8010 (domestic) or +1-617-801-6888 (international) and entering passcode 43767917. The call and PowerPoint presentation will also be archived for 90 days at http://www.streetevents.com/, http://www.fulldisclosure.com/ and http://www.icadmed.com/.

About iCAD, Inc.

iCAD, Inc. is an industry-leading provider of Computer-Aided Detection (CAD) solutions that enable healthcare professionals to better serve patients by identifying pathologies and pinpointing cancer earlier. iCAD offers a comprehensive range of high-performance, upgradeable CAD systems and workflow solutions for mammography (film-based, digital radiography (DR) and computed radiography (CR)), Magnetic Resonance Imaging (MRI), and Computed Tomography (CT). Currently available in more than 2,200 healthcare centers worldwide, iCAD's solutions aid in the early detection of the most prevalent cancers including breast, colon, prostate and, in the future, lung cancer. For more information, call (877) iCADnow or visit http://www.icadmed.com/.

For iCAD, contact Darlene Deptula-Hicks, EVP and CFO at 603-882-5200 x7944 or

via email at ddeptula@icadmed.com

For iCAD Investor Relations, contact Anne Marie Fields of Lippert/Heilshorn &

Associates at 212-838-3777 x6604 or via email at afields@lhai.com

For iCAD Public Relations, contact Sara Morgan of Schwartz Communications at

781-684-0770 or via email at icad@schwartz-pr.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:

Certain statements contained in this News Release, including but not limited to, statements about the Company's confidence or strategies or expectations about revenues, results of operations, timing of regulatory approval of products or market opportunities, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the risks of uncertainty of patent protection, the impact of supply and manufacturing constraints or difficulties, product market acceptance, possible technological obsolescence, increased competition, customer concentration and other risks detailed in the Company's filings with the Securities and Exchange Commission. The words "believe", "demonstrate", "intend", "expect", "estimate", "anticipate", "likely", and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date the statement was made. The Company is under no obligation to provide any updates to any information contained in this release.

- Tables to Follow - iCAD, INC. Consolidated Statements of Operations (unaudited) Three Months Ended Six Months Ended June 30, June 30, 2008 2007 2008 2007 Revenue Products $9,677,125 $5,263,732 $15,331,748 $10,534,406 Service and supplies 872,364 841,004 1,649,757 1,717,816 Total revenue 10,549,489 6,104,736 16,981,505 $12,252,222 Cost of revenue Products 1,470,227 947,172 2,425,642 1,951,290 Service and supplies 263,614 271,021 446,383 475,531 Total cost of revenue 1,733,841 1,218,193 2,872,025 2,426,821 Gross margin 8,815,648 4,886,543 14,109,480 9,825,401 Operating expenses: Engineering and product development 1,503,595 1,133,424 2,912,804 2,198,299 Marketing and sales 2,809,466 2,793,446 5,192,989 5,302,205 General and administrative 1,935,891 1,689,951 3,784,237 3,503,306 Total operating expenses 6,248,952 5,616,821 11,890,030 11,003,810 Income (loss) from operations 2,566,696 (730,278) 2,219,450 (1,178,409) Interest expense - net 84,098 109,333 182,705 215,139 Net income (loss) before provision for income taxes $2,482,598 $(839,611) $2,036,745 $(1,393,548) Provision for income taxes 96,000 - 96,000 - Net income (loss) 2,386,598 (839,611) 1,940,745 (1,393,548) Preferred dividend - 26,830 - 55,880 Net Income (loss) attributable to common stockholders $2,386,598 $(866,441) $1,940,745 $(1,449,428) Net income (loss) per share Basic $0.06 $(0.02) $0.05 $(0.04) Diluted $0.05 $(0.02) $0.05 $(0.04) Weighted average number of shares used in computing income (loss) per share Basic 39,308,978 38,035,094 39,240,427 37,755,330 Diluted 45,079,257 38,035,094 45,125,187 37,755,330 iCAD, INC. AND SUBSIDIARY Consolidated Balance Sheets June 30, December 31, 2008 2007 Assets (unaudited) Current assets: Cash and cash equivalents $7,120,057 $4,348,729 Trade accounts receivable, net of allowance for doubtful accounts of $50,000 in 2008 and 2007 6,162,126 6,483,618 Inventory, net 2,122,156 1,798,243 Prepaid and other current assets 645,977 320,169 Total current assets 16,050,316 12,950,759 Property and equipment: Equipment 3,565,479 3,512,557 Leasehold improvements 71,611 71,611 Furniture and fixtures 341,280 330,077 Marketing assets 323,873 323,873 4,302,243 4,238,118 Less accumulated depreciation and amortization 2,726,453 2,369,590 Net property and equipment 1,575,790 1,868,528 Other assets: Deposits 63,194 63,194 Patents, net of accumulated amortization 29,207 68,269 Technology intangibles, net of accumulated amortization 2,807,802 3,115,843 Tradename, net of accumulated amortization 136,400 148,800 Goodwill 43,515,285 43,515,285 Total other assets 46,551,888 46,911,391 Total assets $64,177,994 $61,730,678 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $1,784,070 $2,010,717 Accrued salaries and other expenses 2,547,928 3,461,422 Deferred revenue 2,074,885 1,674,005 Convertible loans payable to related parties 2,297,794 2,793,382 Convertible loans payable to non- related parties 694,853 684,559 Total current liabilities 9,399,530 10,624,085 Convertible revolving loans payable to related party - 2,258,906 Total liabilities 9,399,530 12,882,991 Commitments and contingencies Stockholders' equity: Common stock, $ .01 par value: authorized 85,000,000 shares; issued 41,378,854 in 2008 and 39,239,208 in 2007; outstanding 41,310,978 in 2008 and 39,171,332 in 2007 413,788 392,392 Additional paid-in capital 139,024,054 135,055,418 Accumulated deficit (83,709,114) (85,649,859) Treasury stock at cost (67,876 shares) (950,264) (950,264) Total Stockholders' equity 54,778,464 48,847,687 Total liabilities and stockholders' equity $64,177,994 $61,730,678

iCAD, Inc.

CONTACT: Media, Darlene Deptula-Hicks, EVP and CFO, for iCAD,
+1-603-882-5200 x7944, ddeptula@icadmed.com; or Investor Relations, Anne Marie
Fields of Lippert/Heilshorn & Associates, +1-212-838-3777 x6604,
afields@lhai.com; or Public Relations, Sara Morgan of Schwartz Communications,
+1-781-684-0770, icad@schwartz-pr.com, for iCAD

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

[video] Carl Kukkonen, CEO of VIASPACE Inc., Discusses Plans for the Development of Fuel Cell Cartridge Technology on WallSt.net's 3-Minute Press Show

PASADENA, Calif., July 31 /PRNewswire-FirstCall/ -- VIASPACE Inc. (BULLETIN BOARD: VSPC) , a hardware and software solutions provider, today announced that the company's CEO, Carl Kukkonen is featured in an exclusive interview on WallSt.net's 3-Minute Press Show.

The interview gives viewers an overview of the company, and the significance of the company's latest press release.

To view the clip in its entirety, visit: http://www.tv.wallst.net/r/3-minute-press/Carl-Kukkonen-VSPC/183/799 About VIASPACE Inc.:

Originally founded in 1998 with the objective of transforming proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions that solve today's complex problems, VIASPACE benefits from important patent and software licenses from Caltech, which manages NASA's Jet Propulsion Laboratory. For more information, please visit our website at http://www.viaspace.com/, or contact for Investor Relations, Dr. Jan Vandersande, Director of Communications at 800-517-8050, or IR@VIASPACE.com.

About WallStreet Direct, Inc.

WallStreet Direct, Inc. operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net/), an online hub for business podcasts from well-known business news personalities and publishers, and WallStTV (http://tv.wallst.net/), a hub for business and finance video content. We have received eight hundred forty dollars from VIASPACE, Inc. for press release dissemination services. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.

Contact: WallStreet Direct, Inc. 800-4-WALLST

VIASPACE Inc.; WallStreet Direct, Inc.

CONTACT: WallStreet Direct, Inc., 1-800-4-WALLST

Web site: http://www.viaspace.com/
http://www.wallst.net/

[video] Edward Spink, CEO of TurboSonic Technologies, Inc. Discusses Contract With Biofuel Producer in Exclusive Interview on WallSt.net's 3-Minute Press Show

WATERLOO, Ontario, July 31 /PRNewswire-FirstCall/ -- TurboSonic Technologies, Inc. (BULLETIN BOARD: TSTA) , a global leader in the design and supply of industrial air pollution control technologies, today announced that the company's CEO, Edward Spink is featured in an exclusive interview on WallSt.net's 3-Minute Press Show.

The interview gives viewers an overview of the company, and the significance of the company's latest press release.

To view the clip in its entirety, visit: http://www.tv.wallst.net/r/3-minute-press/turbosonictech-tsta/183/795 About TurboSonic Technologies:

TurboSonic Technologies (http://www.turbosonic.com/) designs and markets air pollution control technologies to industrial customers worldwide. Its products help companies in the Cement and Mineral Processing, Ethanol, Metals & Mining, Petrochemicals, Power Generation, Pulp & Paper, Waste Incineration, and Wood Products industries meet the strictest emissions regulations, improve performance and reduce operating costs.

About WallStreet Direct, Inc.

WallStreet Direct, Inc. operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net/), an online hub for business podcasts from well-known business news personalities and publishers, and WallStTV (http://tv.wallst.net/), a hub for business and finance video content. We have received five hundred sixty dollars from TurboSonic Technologies, Inc. for press release dissemination services. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.

Contact: WallStreet Direct, Inc. 800-4-WALLST

TurboSonic Technologies, Inc.; WallStreet Direct, Inc.

CONTACT: WallStreet Direct, Inc., 1-800-4-WALLST

Web Site: http://www.turbosonic.com/
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[video] Scott Grizzle, Chief Marketing Officer of NeXplore Corporation, Discusses Recent Web Traffic on WallSt.net's 3-Minute Press Show

FRISCO, Texas, July 31 /PRNewswire-FirstCall/ -- NeXplore Corporation (Pink Sheets: NXPC), an Internet technology company, today announced that the company's Chief Marketing Officer, Scott Grizzle is featured in an exclusive interview on WallSt.net's 3-Minute Press Show.

The interview gives viewers an overview of the company, and the significance of the company's latest press release.

To view the clip in its entirety, visit: http://www.tv.wallst.net/r/3-minute-press/Scott-Grizzle-NXPC/183/796 About NeXplore Corporation:

NeXplore Corporation (Pink Sheets: NXPC.PK) improves the online experience by providing Web tools and destinations that empower people to drive and define a World Wide Web perfectly suited for their unique needs, interests and online pursuits. For advertisers, NeXplore offers a full array of search, display and interactive advertising products to reach and engage targeted consumers. For more information about NeXplore, visit http://www.nexplorecorporation.com/.

About WallStreet Direct, Inc.

WallStreet Direct, Inc. operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net/), an online hub for business podcasts from well-known business news personalities and publishers, and WallStTV (http://tv.wallst.net/), a hub for business and finance video content. We have received two hundred thousand restricted shares of NXPC from NeXplore Corp. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.

Contact: WallStreet Direct, Inc. 800-4-WALLST

NeXplore Corporation; WallStreet Direct, Inc.

CONTACT: WallStreet Direct, Inc., 1-800-4-WALLST

Web site: http://www.nexplorecorporation.com/
http://www.wallst.net/
http://radio.wallst.net/
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[video] Arthur Barchenko, President and CEO of Electronic Control Security, Inc. Discusses New Purchase Orders on WallSt.net's 3-Minute Press Show

CLIFTON, N.J., July 31 /PRNewswire-FirstCall/ -- Electronic Control Security, Inc. (BULLETIN BOARD: EKCS) , a global leader in perimeter security systems, today announced that the company's President and CEO, Arthur Barchenko is featured in an exclusive interview on WallSt.net's 3-Minute Press Show.

The interview gives viewers an overview of the company, and the significance of the company's latest press release.

To view the clip in its entirety, visit: http://www.tv.wallst.net/r/3-minute-press/EKCS/183/797 About Electronic Control Security, Inc:

ECSI is recognized as a global leader in perimeter security and an effective quality provider for both the Department of Defense and Homeland Security programs. The Company has teaming agreements with major system integrators in both the United States and overseas to support the installation and aftermarket. ECSI is located at 790 Bloomfield Avenue, Bldg. C-1, Clifton, NJ 07012. Tel: 973-574-8555; Fax: 973-574-8562. For more information on ECSI and its customers, please visit http://www.anti-terrorism.com/.

About WallStreet Direct, Inc.

WallStreet Direct, Inc. operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net/), an online hub for business podcasts from well-known business news personalities and publishers, and WallStTV (http://tv.wallst.net/), a hub for business and finance video content. We have received five hundred sixty dollars from Electronic Control Security, Inc. for press release dissemination services. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.

Contact: WallStreet Direct, Inc. 800-4-WALLST

Electronic Control Security, Inc.; WallStreet Direct, Inc.

CONTACT: WallStreet Direct, Inc., 1-800-4-WALLST

Web site: http://www.anti-terrorism.com/
http://www.wallst.net/

Harris Corporation Announces Breakthrough Multiband Software-Defined Radio for Federal, State and Local Public SafetyNew Unity XG-100 Provides Direct Interoperability Across Multiple Frequency Bands

ROCHESTER, N.Y., July 31 /PRNewswire-FirstCall/ -- Harris Corporation , an international communications and information technology company, today announced the introduction of Unity(TM), a family of multiband software-defined radios that will allow federal, state and local public safety agencies to communicate more effectively using a single radio. The first product is the Unity XG-100, a multiband portable land mobile radio.

The Unity XG-100 provides secure interoperable communications over public safety frequency bands from 136 to 870 MHz. This will enable emergency personnel to communicate directly without having to carry multiple radios or route transmissions through ad-hoc network bridges. The new radio will be fully compliant with the APCO Project 25 technical standard in both conventional and trunking modes and is approximately the same size as currently fielded single-banded radios.

Harris will be showing the Unity XG-100 for the first time next week at the 74th annual APCO Trade Show and Exposition in Kansas City.

"The Unity XG-100 is an advanced multiband radio that will provide public safety personnel with direct communications interoperability whenever and wherever necessary," said Dana Mehnert, president, Harris RF Communications. "As a result, federal, state and local first responders will be able to unify their efforts and provide a better, more coordinated response to emergencies.

"The Unity XG-100 is based on our heritage as the leading provider of high-performance software-defined tactical radios for military use. Harris first introduced multiband radios to the U.S. Department of Defense more than a decade ago. We have gained a superior understanding of this field over that time and are now on our third generation of radios. Harris intends to use this expertise to create products that address the increasingly complex communication needs of government and public safety personnel."

Harris entered the growing public safety/homeland security market in February with the RF-1033M, the first multiband radio targeting the needs of federal first responders. The Unity XG-100 expands on the capabilities of the RF-1033M and extends the frequency range to cover the 700/800 MHz bands.

The multiband capability of the radio will allow public safety agencies to phase-in their transitions to new networks, including the newly available 700 MHz frequency band. The Unity XG-100 is also easily upgradeable via software updates to support evolving P25 standards, future capabilities and changing mission requirements.

The Unity XG-100 will start field trials near the end of this year, with products expected to begin shipping in 2009.

Improving communications interoperability remains a critical priority for public safety and government agencies across the country, and represents a major focus for Congress, the National Governor's Association, the U.S. Conference of Mayors and other public policy makers.

Expanding into adjacent markets is one of Harris Corporation's core strategies. The company continues to invest in new product development and apply its extensive experience with defense, government, broadcast and other customers throughout the world to broaden its market opportunities.

About Harris Corporation

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

Forward-Looking Statement

This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Other factors that may impact the company's results and forward-looking statement may be disclosed in the company's filings with the SEC. Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Harris Corporation

CONTACT: Kevin Aman, RF Communications, Kevin.Aman@harris.com,
+1-585-241-8186, or Jim Burke, Corporate Headquarters, Jim.Burke@harris.com,
+1-321-727-9131, both of Harris Corporation

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

Earth Search Sciences Announces New Corporate HQ in BostonFast-growing company opts to re-locate among research facilities and potential investors

LAKESIDE, Mont., July 31 /PRNewswire-FirstCall/ -- Earth Search Sciences, Inc., (BULLETIN BOARD: ESSE) a technology company focused on the development of domestic, inland oil resources, has announced it is relocating its corporate headquarters to Boston, Massachusetts. The move comes amidst a recent surge of company activity, including its appointment of Luis Lugo as CEO, acquisition of General Synfuels Inc. (GSI), and engagement of Industrial Systems, Inc. (ISI) to design, fabricate and install the components of its patented oil shale gasification technology for a full-scale test.

Boston's immediate access to venture capital investors and key financial markets served among several motives for the move East.

"Boston's world-class research and learning institutions, as well as its proximity to other corporate entities in the technology sector, make it the ideal hub for our corporate operations," said Lugo of the move. "In addition, our need to quickly build a team, including professionals in the areas of finance, science, logistics and product development makes Boston ideal for Earth Search," he added.

While Earth Search will domicile its corporation in Boston, it will maintain a local field office in Delta, Colorado where ISI is currently producing crucial test components for Earth Search's full-scale test of its patented gasification process. Dr. Ronald McQueen, inventor of the gasification process, will oversee field operations.

"ISI is well underway in the process to test our new technology," said Larry Vance, Chairman of Earth Search. "Delta's proximity to vast oil shale reserves also makes it a perfect fit for our plans to conduct our first full-scale test in the very near future."

About Earth Search Sciences - http://www.earthsearch.com/

Earth Search Sciences, Inc.'s [OTCBB: ESSE] revolutionary hyperspectral technology provides the ability to accurately read the chemical properties of surface substances from great altitudes and produce easily interpreted maps allowing the user to identify specific minerals and substances on the surface of the earth by their diagnostic reflectance patterns. Ultimately, this remote sensing capability identifies a greater number of exploration targets quickly and economically, monitors the environmental situation, and improves the probability of finding anomalies. Older, more conventional methods would take decades to cover the same area, and at a much greater cost. Within the realm of exploration, remote sensing does not replace the need for geological knowledge, geochemistry, geophysics, seismic, drilling, etc, which are some of the more conventional tools used for exploration. The application of Earth Search's patented and IP-protected hyperspectral technology cuts across the commercial, medical and military spectra.

About Petro Probe - http://www.petroprobe.com/

Petro Probe, Inc. is a private petroleum company using advanced technology in the search for and production of hydrocarbon products. The company was formed in 2000 as a majority-owned subsidiary of Earth Search Sciences, Inc. (http://www.earthsearch.com/), a public company listed on the OTCBB exchange under OTCBB:ESSE. Petro Probe's mandate is to identify and develop hydrocarbon properties utilizing Earth Search Science's exploration programs, including the use of a new patented method to recover oil and gas within oil shale, tar sands and heavy oil that positions the company to become a significant presence in the oil shale and heavy oil industry. The company has established a clear path to grow and develop Earth Search Sciences and Petro Probe in the oil shale, tar sands and heavy crude market segments.

This news release includes forward-looking statements that involve a number of risks and uncertainties. The information reflects numerous assumptions as to industry performance, general business and economic conditions, regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company. Similarly, this information assumes certain future business decisions that are subject to change. There can be no assurance that the results predicted here will be realized. Actual results may vary from those represented, and those variations may be material.

Earth Search Sciences, Inc.

CONTACT: Luis F. Lugo of Earth Search Sciences, Inc., +1-857-488-0532,
llugo@earthsearch.com; or Patrick Cusick, +1-208-388-3800, pcusick@peyron.com,
for Earth Search Sciences, Inc.

Web site: http://www.earthsearch.com/
http://www.petroprobe.com/

Concur to Present at the RBC Capital Markets Technology, Media & Communications Conference

REDMOND, Wash., July 31 /PRNewswire-FirstCall/ -- Concur , the world's leading provider of on-demand Employee Spend Management services, today announced that Executive Vice President, Corporate Development, John Torrey will deliver a presentation on behalf of the company at the RBC Capital Markets Technology, Media & Communications Conference, on Thursday, August 7 at 11:30 a.m. PDT at the Four Seasons Hotel in San Francisco, CA. The live webcast and replay of the presentation will be available for a limited time at http://www.concur.com/investors.

About Concur

Concur is the world's leading provider of on-demand Employee Spend Management services. Concur enables organizations to globally control costs by automating the processes they use to manage employee spending. Concur's end-to-end solutions seamlessly unite online travel booking with automated expense claims, streamline meeting management and optimize the process of managing vendor invoices, employee check requests and direct reimbursements. Organizations of all sizes trust Concur to help them control spend before it occurs while eliminating paper and optimizing supplier relations. Concur's unified approach to managing employee spend delivers a 360 degree view into all employee expenses, helping companies globally enforce policies and monitor vendor compliance, while delivering unprecedented control and valuable insight. Concur's suite of on-demand services reach millions of employees across thousands of organizations around the world -- streamlining business processes, reducing operating costs, improving internal controls and providing enhanced visibility and actionable expense analysis. More information about Concur is available at http://www.concur.com/.

Concur

CONTACT: Press, Stefanie Johansen, +1-425-452-5468,
SJohansen@WeberShandwick.com, of Weber Shandwick for Concur; or Investors,
John Torrey of Concur, +1-425-497-5986, john.torrey@concur.com

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

Motorola Announces Second-Quarter Financial Results- Second-quarter sales of $8.1 billion- Second-quarter results exceed expectations- Positive operating cash flow of $204 million; ended the quarter with a net cash position of $3.6 billion- Home and Networks Mobility sales growth of 7 percent and operating earnings growth of 28 percent as compared to the second quarter of last year- Enterprise Mobility Solutions sales growth of 6 percent and operating earnings growth of 24 percent as compared to the second quarter of last year- Mobile Devices shipped 28.1 million handsets, and maintained handset market share

SCHAUMBURG, Ill., July 31 /PRNewswire-FirstCall/ -- Motorola, Inc. today reported sales of $8.1 billion in the second quarter of 2008. GAAP net earnings from continuing operations in the second quarter of 2008 were $4 million, or $0.00 per share. This included net charges of $0.02 per share from highlighted items which are listed in the table at the end of the press release.

The Company had positive operating cash flow of $204 million and ended the quarter with a net cash* position of $3.6 billion and a total cash** position of $7.8 billion.

"Motorola's Home and Networks Mobility and Enterprise Mobility Solutions segments delivered strong results in the second quarter, driven by sales growth and operating margin expansion. These segments are well positioned to continue generating year-over-year sales and margin growth during the second half," said Greg Brown, Motorola president and chief executive officer. "In the Mobile Devices segment, we launched ten new products and maintained market share, compared with the first quarter, while continuing to invest in our product portfolio. We also made progress on our plans to separate Motorola into two independent, publicly traded companies, generated positive operating cash flow and reduced our cost structure."

Operating Results

Mobile Devices segment sales were $3.3 billion, down 22 percent compared to the year-ago quarter. The segment reported an operating loss of $346 million, compared to an operating loss of $332 million in the year-ago quarter.

Mobile Devices highlights: * Shipped 28.1 million handsets, and maintained its share of the global handset market * Launched ten new products to key markets around the globe, which included new 3G devices and the ROKR E8 that strengthened our music franchise with its innovative, ModeShift(TM) morphing technology * Refreshed the highly successful MING series, which has already sold 8 million handsets, by launching three touch screen handsets -- MING A1600 and MING A1800, as well as the MOTO A810 * Continued market share leadership in North America, with strong performance from W755 * Continued strength in Latin America, maintaining a leading market position due to the strong performance within our music portfolio * Earlier this week began shipping the MOTOZINE ZN5, a superior imaging experience developed collaboratively with Kodak, which enables consumers to easily shoot, edit and share their pictures

Home and Networks Mobility segment sales were $2.7 billion, up 7 percent compared to the year-ago quarter. Operating earnings were $245 million, which represents an increase of 28 percent as compared to operating earnings of $191 million in the year-ago quarter.

Home and Networks Mobility highlights: * Operating margin expansion year-over-year from 7.4 percent of sales to 8.9 percent of sales * Record sales in Home, driven by shipments of 4.9 million digital entertainment devices, due to continued strong demand for HD, HD/DVR and IPTV devices * Consumer demand for HD content continued to drive the uptake of MPEG-4. This quarter we added DirectTV, HBO LatAM and Starz to the lineup of programmers and service providers transitioning from MPEG-2 * DOCSIS(R) 3.0 momentum with certification for multiple Motorola cable modems, bronze qualification for the BSR 64000 cable modem termination system edge route, as well as customer deployment with J-Com in Japan * Momentum in WiMAX continued and Motorola now has 19 contracts for commercial WiMAX systems in 16 countries

Enterprise Mobility Solutions segment sales were $2.0 billion, up 6 percent compared to the year-ago quarter. Operating earnings increased to $377 million, which represents an increase of 24 percent as compared to operating earnings of $303 million in the year-ago quarter.

Enterprise Mobility Solutions highlights: * Operating margin expansion year-over-year from 15.8 percent of sales to 18.5 percent of sales * Strong international demand continued in the enterprise and public safety markets, as sales outside of North America grew by approximately 21 percent compared to the year-ago quarter * Launched the MC75 Rugged Enterprise Digital Assistant, the first size-optimized rugged mobile computer with 3G WAN (HSDPA and EVDO rev A) and integrated GPS navigation * Key international systems wins, including digital communications awards from Shanghai Metro and Beijing Police * After the end of the quarter, signed a definitive agreement to acquire AirDefense, a leading wireless LAN security provider Third-Quarter and Full Year 2008 Outlook

The Company expects to report earnings from continuing operations in the range of $0.00 to $0.02 per share in the third quarter of 2008 and earnings from continuing operations of $0.06 to $0.08 per share for the full year. This outlook excludes any reorganization of business charges associated with the Company's operating expense reduction initiatives, as well as any other items of the variety highlighted by the Company in its quarterly earnings releases.

Consolidated GAAP Results A comparison of results from operations is as follows: Second Quarter ---------------------- (In millions, except per share amounts) 2008 2007 ------------------------------------------------------------------------ Net sales $8,082 $8,732 Gross margin 2,325 2,453 Operating earnings (loss) 5 (158) Earnings (loss) from continuing operations 4 (38) Net earnings (loss) 4 (28) Diluted earnings (loss) per common share: Continuing operations $0.00 $(0.02) Discontinued operations - 0.01 ---------------------- $0.00 $(0.01) ---------------------- Weighted average diluted common shares outstanding 2,269.5 2,296.3 ------------------------------------------------------------------------ Highlighted Items EPS Impact Exp/(Inc) ------------------------------------------------------------ Investment impairment $0.03 Legal settlement 0.01 Separation-related transaction costs 0.01 Reorganization of business charges 0.01 Gain on the sale of an investment (0.01) Tax-related benefit (0.03) ---------- $0.02 ------------------------------------------------------------ Conference Call and Webcast

Motorola will host its quarterly conference call beginning at 8:00 a.m. Eastern Time (USA) on Thursday, July 31, 2008. The conference call will be web-cast live with audio and slides at http://www.motorola.com/investor.

Definitions * Net Cash equals Total Cash minus Notes payable and current portion of long-term debt minus Long-term debt. ** Total Cash equals Cash and cash equivalents plus Sigma Fund (current and non-current) plus Short-term investments. Business Risks

This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward- looking statements include, but are not limited to, Motorola's financial outlook for the third quarter and full year of 2008, and the impact of pending transactions. Motorola cautions the reader that the risk factors below, as well as those on pages 18 through 27 in Item 1A of Motorola's 2007 Annual Report on Form 10-K and in its other SEC filings, could cause Motorola's actual results to differ materially from those estimated or predicted in the forward-looking statements. Factors that may impact forward-looking statements include, but are not limited to: (1) the Company's ability to improve financial performance and increase market share in its Mobile Devices business; (2) the level of demand for the Company's products; (3) the Company's ability to introduce new products and technologies in a timely manner; (4) the possible negative effects on the Company's business operations, financial performance or assets as it moves forward with plans to create two independent, publicly traded companies; (5) unexpected negative consequences from the Company's ongoing restructuring and cost-reduction activities; (6) the uncertainty of current economic and political conditions, as well as the economic outlook for the telecommunications and broadband industries; (7) the Company's ability to purchase sufficient materials, parts and components to meet customer demand; (8) risks related to dependence on certain key suppliers; (9) the impact on the Company's performance and financial results from strategic acquisitions or divestitures, including those that may occur in the future; (10) risks related to the Company's high volume of manufacturing and sales in Asia; (11) the creditworthiness of the Company's customers and distributors, particularly purchasers of large infrastructure systems; (12) variability in income received from licensing the Company's intellectual property to others, as well as expenses incurred when the Company licenses intellectual property from others; (13) unexpected liabilities or expenses, including unfavorable outcomes to any pending or future litigation or regulatory or similar proceedings; (14) the impact on the Company from volatility in the commercial paper, debt and equity markets; (15) the impact of foreign currency fluctuations; (16) the impact on the Company from continuing hostilities in other countries; (17) the impact on the Company from ongoing consolidation in the telecommunications and broadband industries; (18) the impact of changes in governmental policies, laws or regulations; (19) the outcome of currently ongoing and future tax matters; and (20) negative consequences from the Company's outsourcing of various activities, including certain manufacturing, information technology and administrative functions. Motorola undertakes no obligation to publicly update any forward-looking statement or risk factor, whether as a result of new information, future events or otherwise.

About Motorola

Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.

Motorola, Inc. and Subsidiaries Condensed Consolidated Statements of Operations (In millions, except per share amounts) Three Months Ended --------------------------------- June 28, March 29, June 30, 2008 2008 2007 -------- --------- --------- Net sales $8,082 $7,448 $8,732 Costs of sales 5,757 5,303 6,279 -------- --------- --------- Gross margin 2,325 2,145 2,453 -------- --------- --------- Selling, general and administrative expenses 1,115 1,183 1,296 Research and development expenditures 1,048 1,054 1,115 Separation-related transaction costs 20 - - Other charges (income) 56 94 103 Intangibles amortization and IPR&D 81 83 97 -------- --------- --------- Operating earnings (loss) 5 (269) (158) -------- --------- --------- Other income (expense): Interest income (expense), net (10) (2) 32 Gains on sales of investments and businesses, net 39 19 5 Other (85) (9) 17 -------- --------- --------- Total other income (expense) (56) 8 54 -------- --------- --------- Loss from continuing operations before income taxes (51) (261) (104) Income tax benefit (55) (67) (66) -------- --------- --------- Earnings (loss) from continuing operations 4 (194) (38) Earnings from discontinued operations, net of tax - - 10 -------- --------- --------- Net earnings (loss) $4 $(194) $(28) -------- --------- --------- Earnings (loss) per common share -------------------------------- Basic: Continuing operations $0.00 $(0.09) $(0.02) Discontinued operations - - 0.01 -------- --------- --------- $0.00 $(0.09) $(0.01) ======== ========= ========= Diluted: Continuing operations $0.00 $(0.09) $(0.02) Discontinued operations - - 0.01 -------- --------- --------- $0.00 $(0.09) $(0.01) ======== ========= ========= Weighted average common shares outstanding ------------------------------ Basic 2,262.6 2,257.0 2,296.3 Diluted 2,269.5 2,257.0 2,296.3 Dividends paid per share $0.05 $0.05 $0.05 -------- --------- --------- Percentage of Net Sales* --------------------------------- Net sales 100% 100% 100% Costs of sales 71.2% 71.2% 71.9% -------- --------- --------- Gross margin 28.8% 28.8% 28.1% -------- --------- --------- Selling, general and administrative expenses 13.8% 15.9% 14.8% Research and development expenditures 13.0% 14.2% 12.8% Separation-related transaction costs 0.2% 0.0% 0.0% Other charges (income) 0.7% 1.3% 1.2% Intangibles amortization and IPR&D 1.0% 1.1% 1.1% -------- --------- --------- Operating earnings (loss) 0.1% -3.6% -1.8% -------- --------- --------- Other income (expense): Interest income (expense), net -0.1% 0.0% 0.4% Gains on sales of investments and businesses, net 0.5% 0.3% 0.1% Other -1.1% -0.1% 0.2% -------- --------- --------- Total other income (expense) -0.7% 0.1% 0.6% -------- --------- --------- Loss from continuing operations before income taxes -0.6% -3.5% -1.2% Income tax benefit -0.7% -0.9% -0.8% -------- --------- --------- Earnings (loss) from continuing operations 0.0% -2.6% -0.4% Earnings from discontinued operations, net of tax 0.0% 0.0% 0.1% -------- --------- --------- Net earnings (loss) 0.0% -2.6% -0.3% -------- --------- --------- * Percents may not add up due to rounding Motorola, Inc. and Subsidiaries Condensed Consolidated Statements of Operations (In millions, except per share amounts) Six Months Ended -------------------------- June 28, June 30, 2008 2007 -------- -------- Net sales $15,530 $18,165 Costs of sales 11,060 13,258 -------- -------- Gross margin 4,470 4,907 -------- -------- Selling, general and administrative expenses 2,298 2,609 Research and development expenditures 2,102 2,232 Separation-related transaction costs 20 - Other charges (income) 150 303 Intangibles amortization and IPR&D 164 287 -------- -------- Operating loss (264) (524) -------- -------- Other income (expense): Interest income (expense), net (12) 73 Gains on sales of investments and businesses, net 58 4 Other (94) 16 -------- -------- Total other income (expense) (48) 93 -------- -------- Loss from continuing operations before income taxes (312) (431) Income tax benefit (122) (175) -------- -------- Loss from continuing operations (190) (256) Earnings from discontinued operations, net of tax - 47 -------- -------- Net loss $(190) $(209) -------- -------- Earnings (loss) per common share -------------------------------- Basic: Continuing operations $(0.08) $(0.11) Discontinued operations - 0.02 -------- -------- $(0.08) $(0.09) ======== ======== Diluted: Continuing operations $(0.08) $(0.11) Discontinued operations - 0.02 -------- -------- $(0.08) $(0.09) ======== ======== Weighted average common shares outstanding ------------------------------ Basic 2,260.5 2,337.1 Diluted 2,260.5 2,337.1 Dividends paid per share $0.10 $0.10 Percentage of Net Sales* -------------------------- Net sales 100% 100% Costs of sales 71.2% 73.0% -------- -------- Gross margin 28.8% 27.0% -------- -------- Selling, general and administrative expenses 14.8% 14.4% Research and development expenditures 13.5% 12.3% Separation-related transaction costs 0.1% 0.0% Other charges (income) 1.0% 1.7% Intangibles amortization and IPR&D 1.1% 1.6% -------- -------- Operating loss -1.7% -2.9% -------- -------- Other income (expense): Interest income (expense), net -0.1% 0.4% Gains on sales of investments and businesses, net 0.4% 0.0% Other -0.6% 0.1% -------- -------- Total other income (expense) -0.3% 0.5% -------- -------- Loss from continuing operations before income taxes -2.0% -2.4% Income tax benefit -0.8% -1.0% -------- -------- Loss from continuing operations -1.2% -1.4% Earnings from discontinued operations, net of tax 0.0% 0.3% -------- -------- Net loss -1.2% -1.2% -------- -------- * Percents may not add up due to rounding Motorola, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (In millions) June 28, March 29, June 30, 2008 2008 2007 -------- --------- --------- Assets Cash and cash equivalents $2,757 $2,693 $2,770 Sigma Fund 3,856 3,890 4,858 Short-term investments 595 465 1,063 Accounts receivable, net 4,495 4,770 5,492 Inventories, net 2,758 2,941 3,016 Deferred income taxes 1,882 1,951 1,930 Other current assets 3,876 3,773 2,680 -------- --------- --------- Total current assets 20,219 20,483 21,809 -------- --------- --------- Property, plant and equipment, net 2,575 2,577 2,586 Sigma Fund 555 673 - Investments 746 801 952 Deferred income taxes 3,074 2,679 2,157 Goodwill 4,358 4,517 4,589 Other assets 2,212 2,403 2,520 -------- --------- --------- Total assets $33,739 $34,133 $34,613 ======== ========= ========= Liabilities and Stockholders' Equity Notes payable and current portion of long-term debt $145 $174 $1,775 Accounts payable 3,806 3,660 3,493 Accrued liabilities 7,623 7,942 7,608 -------- --------- --------- Total current liabilities 11,574 11,776 12,876 -------- --------- --------- Long-term debt 3,971 4,074 2,590 Other liabilities 2,990 3,103 4,184 Stockholders' equity 15,204 15,180 14,963 -------- --------- --------- Total liabilities and stockholders' equity $33,739 $34,133 $34,613 -------- --------- --------- Financial Ratios*: Days Sales Outstanding (including net Long-term receivables) 50 58 57 Cash Conversion Cycle 34 46 50 ROIC 3% 3% 13% Net Cash $3,647 $3,473 $4,326 * Defined in the Financial Ratios Definitions table Motorola, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In millions) Three Months Ended --------------------------------- June 28, March 29, June 30, 2008 2008 2007 -------- --------- --------- Operating Net earnings (loss) $4 $(194) $(28) Less: Earnings from discontinued operations - - 10 -------- --------- --------- Earnings (loss) from continuing operations 4 (194) (38) Adjustments to reconcile earnings (loss) from continuing operations to net cash provided by (used for) operating activities: Depreciation and amortization 212 204 227 Deferred income taxes (192) (278) (194) Other, net 166 58 99 Changes in operating assets and liabilities, net 14 (133) (129) -------- --------- --------- Net cash provided by (used for) operating activities from continuing operations 204 (343) (35) -------- --------- --------- Investing Acquisitions and investments, net (34) (140) (106) Proceeds from sales of investments and businesses 132 21 11 Capital expenditures (120) (111) (178) Proceeds from sales of Sigma Fund investments, net 156 631 559 Other, net (130) 152 (243) -------- --------- --------- Net cash provided by investing activities from continuing operations 4 553 43 -------- --------- --------- Financing Issuance of common stock 76 6 166 Purchase of common stock - (138) - Other, net (146) (283) (144) -------- --------- --------- Net cash provided by (used for) financing activities from continuing operations (70) (415) 22 -------- --------- --------- Effect of exchange rate changes on cash and cash equivalents from continuing operations (74) 146 3 Net cash provided by (used for) discontinued operations - - - -------- --------- --------- Net increase (decrease) in cash and cash equivalents 64 (59) 33 Cash and cash equivalents, beginning of period 2,693 2,752 2,737 -------- --------- --------- Cash and cash equivalents, end of period $2,757 $2,693 $2,770 -------- --------- --------- Motorola, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In millions) Six Months Ended -------------------------- June 28, June 30, 2008 2007 -------- -------- Operating Net loss $(190) $(209) Less: Earnings from discontinued operations - 47 -------- -------- Loss from continuing operations (190) (256) Adjustments to reconcile loss from continuing operations to net cash used for operating activities: Depreciation and amortization 416 446 Deferred income taxes (470) (375) Other, net 224 285 Changes in operating assets and liabilities, net (119) (127) -------- -------- Net cash used for operating activities from continuing operations (139) (27) -------- -------- Investing Acquisitions and investments, net (174) (4,237) Proceeds from sales of investments and businesses 153 61 Capital expenditures (231) (270) Proceeds from sales of Sigma Fund investments, net 787 7,346 Other, net 22 (370) -------- -------- Net cash provided by investing activities from continuing operations 557 2,530 -------- -------- Financing Issuance of common stock 82 212 Purchase of common stock (138) (2,360) Other, net (429) (359) -------- -------- Net cash used for financing activities from continuing operations (485) (2,507) -------- -------- Effect of exchange rate changes on cash and cash equivalents from continuing operations 72 (42) Net cash provided by (used for) discontinued operations - - -------- -------- Net increase (decrease) in cash and cash equivalents 5 (46) Cash and cash equivalents, beginning of period 2,752 2,816 -------- -------- Cash and cash equivalents, end of period $2,757 $2,770 -------- -------- Motorola, Inc. and Subsidiaries Segment Information (In millions) Summarized below are the Company's Net sales by reportable business segment for the three and six months ended June 28, 2008 and June 30, 2007. Net Sales -------------------------------------- Three Months Three Months % Change Ended Ended from June 28, 2008 June 30, 2007 2007 ------------- ------------- -------- Mobile Devices $3,334 $4,273 -22% Home and Networks Mobility 2,738 2,564 7% Enterprise Mobility Solutions 2,042 1,920 6% ------------- ------------- -------- Segment Totals 8,114 8,757 -7% Other and Eliminations (32) (25) 28% ------------- ------------- -------- Company Totals $8,082 $8,732 -7% ============= ============= ======== Net Sales -------------------------------------- Six Months Six Months % Change Ended Ended from June 28, 2008 June 30, 2007 2007 ------------- ------------- -------- Mobile Devices $6,633 $9,681 -31% Home and Networks Mobility 5,121 4,901 4% Enterprise Mobility Solutions 3,848 3,637 6% ------------- ------------- -------- Segment Totals 15,602 18,219 -14% Other and Eliminations (72) (54) 33% ------------- ------------- -------- Company Totals $15,530 $18,165 -15% ============= ============= ======== Motorola, Inc. and Subsidiaries Segment Information (In millions) Summarized below are the Company's Operating earnings (loss) by reportable business segment for the three and six months ended June 28, 2008 and June 30, 2007. Operating Earnings (Loss) -------------------------------------- Three Months Ended Three Months Ended June 28, 2008 June 30, 2007 ------------------ ------------------ Mobile Devices $(346) $(332) Home and Networks Mobility 245 191 Enterprise Mobility Solutions 377 303 ------------------ ------------------ Segment Totals 276 162 Other and Eliminations (271) (320) ------------------ ------------------ Company Totals $5 $(158) ================== ================== Operating Earnings (Loss) -------------------------------------- Six Months Ended Six Months Ended June 28, 2008 June 30, 2007 ------------------ ------------------ Mobile Devices $(764) $(565) Home and Networks Mobility 398 358 Enterprise Mobility Solutions 627 434 ------------------ ------------------ Segment Totals 261 227 Other and Eliminations (525) (751) ------------------ ------------------ Company Totals $(264) $(524) ================== ================== Motorola, Inc. and Subsidiaries Financial Ratios Definitions Net Cash

Net Cash = Cash and cash equivalents + Sigma Fund (current and non-current) + Short-term investments - Note payable and current portion of long-term debt - Long-term Debt

Cash Conversion Cycle Cash Conversion Cycle = DSO + DIO - DPO

Days sales outstanding (DSO) = (Accounts receivable + Long-term receivables) / (Three months of Net sales / 90)

Days sales in inventory (DSI) = Inventory / (Three months of Cost of sales / 90)

Days payable outstanding (DPO) = Accounts payable / (Three months of Cost of sales / 90)

Return on Invested Capital (ROIC) (12 mth rolling Operating earnings (loss) excluding highlighted items and including Foreign currency gain/(loss)) tax affected Rolling ---------------------------------------------------- ROIC = 4 quarter average of (Stockholders' equity + Total debt* - Excess cash**) * Total debt = Note payable and current portion of long-term debt + Long-term Debt ** Excess cash = Rolling 4 quarter average of (Cash and cash equivalents + Sigma Fund (current and non-current) + Short-term investments) - 5% of rolling Net sales

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CONTACT: Media, Jennifer Erickson, +1-847-435-5320,
jennifer.erickson@motorola.com, or Investors, Dean Lindroth, +1-847-576-6899,
dean.lindroth@motorola.com, both of Motorola, Inc.

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

ASAT Holdings Announces Financial Results for the Fourth Quarter and Fiscal Year 2008Revenue For July 2009 Quarter Expected To Rise Approximately 30 Percent Sequentially

HONG KONG and MILPITAS, Calif., July 31 /PRNewswire-FirstCall/ -- ASAT Holdings Limited (BULLETIN BOARD: ASTTY.OB) , a global provider of semiconductor package design, assembly and test services, today announced financial results for the fourth quarter and fiscal 2008, ended April 30, 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080325/AQTU023LOGO)

Net revenue for the fourth quarter of fiscal 2008 was $36.2 million compared with $41.8 million in the previous quarter. Fourth quarter net loss of $8.8 million, or a net loss of $0.20 per American Depositary Share (ADS), compares with a net loss of $5.0 million, or a net loss of $0.12 per ADS in the third quarter. Included in the fourth quarter net loss were reorganization charges of approximately $19,000 related to completing the move of the Company's manufacturing operations to China. Net loss in the third quarter included charges of approximately $149,000 in similar expenses.

"Our fourth quarter revenue declined due to a combination of factors. These included the economic uncertainty that impacted many of our customers resulting in an inventory correction, and a seasonally slower period in our industry," said Kei Hong Chua, chief financial officer of ASAT Holdings Limited.

Additional Fourth Quarter Results -- Net sales for assembly were $35.5 million -- Net sales for test were $0.7 million -- Capital expenditures were $2.0 million -- Cash and cash equivalents at the end of the quarter were $6.0 million Fiscal 2008 Financial Results

Net revenue for fiscal 2008 was $156.0 million, compared with net revenue of $164.9 million in fiscal 2007. Fiscal 2008 net loss was $24.7 million, or a net loss of $0.59 per ADS. This compares with a net loss of $35.0 million, or a net loss of $0.83 per ADS, in the prior fiscal year. The net loss for both fiscal years reflects the ADS ratio change from 5 ordinary shares per ADS to 15 ordinary shares per ADS, effective December 26, 2006.

"Our improved fiscal 2008 results, including higher gross margin, reduced operating expenses and lower net loss, reflect the positive impact our lower- cost Dongguan facility is having on our financial performance as compared with fiscal 2007," said Tung Lok Li, acting chief executive officer of ASAT Holdings Limited. "With the move to Dongguan completed and the cost savings in place, we are focused on driving revenue growth in fiscal 2009. In addition, we have secured additional financing, which we will leverage to drive this top-line improvement."

New Financing

The Company recently closed on two new financing facilities totaling approximately US$14 million. These funds are in addition to the original facility that is still in place through September 2008.

"We are pleased to have secured these new sources of financing. The funds will be used to support our expected growth in fiscal 2009," said Kei Hong Chua, chief financial officer of ASAT Holdings Limited. "The new financing consists of one facility of RMB 60 million that includes an approximately US$5 million credit line and US$4 million that is backed by pledged assets. The second facility is a US$5 million line that is also backed by pledged assets. In addition, we continue to work towards the renewal of our existing US$20 million facility."

While the Company believes the renewal of existing facilities is likely, there can be no assurance that it will be obtained, and if such financing is not obtained for any reason there may be questions regarding the Company's ability to continue as a going concern.

First Quarter Fiscal 2009 Outlook

"In recent months we have focused our sales efforts on increasing revenue from our top customers, which we believe offer the quickest route to growing revenue," said Mr. Li. "We are making very good progress on this strategy, and currently believe that for the July quarter revenue growth will be up approximately 30 percent sequentially."

Conference Call and Webcast on July 31, 2008 at 8:30 a.m. ET

ASAT Holdings is scheduled to hold a conference call to discuss the financial results and other financial matters today at 8:30 a.m. ET/5:30 a.m. PT. To access the call, dial (480) 248-5081. A replay of the call will be available until August 7, 2008. To access the replay, dial (303) 590-3030. The passcode is 3904866. A live webcast of the call will also be available via the investor relations section of the Company's website at http://www.asat.com/.

ASAT Holdings Limited

ASAT Holdings Limited is a global provider of semiconductor package design, assembly and test services. With 20 years of experience, the Company offers a definitive selection of semiconductor packages and world-class manufacturing lines. ASAT's advanced package portfolio includes standard and high thermal performance ball grid arrays, leadless plastic chip carriers, thin array plastic packages, system-in-package and flip chip. ASAT was the first company to develop moisture sensitive level one capability on standard leaded products. Today the Company has operations in the United States, Asia and Europe. For more information, visit http://www.asat.com/.

Safe Harbor

This news release contains statements and information that involve risks, uncertainties and assumptions. These statements and information constitute "forward-looking statements" within the meaning of federal securities laws including Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Such forward-looking statements, including statements regarding expected revenues, liquidity and financial position in our fiscal quarter, our manufacturing capacity and cost structure, our operational efficiencies, our relocation and reorganization costs, our customer retention, growth and expectations, our continuation as a going concern and our capital needs, involve known and unknown risks, uncertainties, assumptions and other factors that could cause the actual performance, financial condition or results of operations of ASAT Holdings Limited to differ materially from those expressed or implied in any forward-looking statement. Investors are cautioned that actual events and results could differ materially from those contained in these statements as a result of a variety of factors, including whether an active trading market in the Company's ADSs will develop or be maintained on the OTC Bulletin Board or any other trading market, obtaining future financing, conditions in the overall semiconductor market and economy, our progress in ramping the new China facility, acceptance and demand for the Company's products and services, continued operational efficiencies, customer retention, growth and expectations, operational and technological risks and revisions to the preliminary unaudited financial results which may occur during preparation of financial statements and disclosures and the preparation of the Company's quarterly report on Form 6-K and annual report on Form 20-F. The risks, uncertainties and other factors also include, among others, our ability to successfully implement our diversification strategy and our long- term growth strategy, our ability to continue to realize operational efficiencies and improvements to our cost structure, our ability to obtain future financing, the risk that an active trading market in the Company's American Depositary Shares will not develop or be maintained on the OTC Bulletin Board or any other trading market, and those risks, uncertainties, assumptions and other factors stated in the section entitled "Risk Factors" in our Annual Report on Form 20-F filed with the United States Securities and Exchange Commission on October 15, 2007 and the section entitled "Risk Factors" in our current reports on Form 6-K filed with the United States Securities and Exchange Commission containing quarterly financial information. The forward-looking statements in this release reflect the current beliefs and expectations of the Company as of this date, and the Company undertakes no obligation to update these projections and forward-looking statements to reflect actual results or events or circumstances that occur after the date of this news release.

Revenue Breakdown by Market Segment Three Months Ended April 30, 2008 January 31, 2008 Market Segment % of Net Revenues % of Net Revenues (Unaudited) Communications 50 48 Automotive/Industrial & Other 16 14 Consumer 14 16 PC/Computing 20 22 Revenue Breakdown by Region Three Months Ended April 30, 2008 January 31, 2008 Region % of Net Revenues % of Net Revenues (Unaudited) United States 85 85 Europe 4 4 Asia 11 11 Revenue Breakdown by Customer Type Three Months Ended April 30, 2008 January 31, 2008 Customer Type % of Net Revenues % of Net Revenues (Unaudited) Fabless 80 84 IDM 20 16 Summary financial data follows ASAT Holdings Limited Condensed Consolidated Statements of Operations (USD in thousands, except share data) For the three months ended April 30, 2008, January 31, 2008 and April 30, 2007, and For the year ended April 30, 2008 and April 30, 2007 Three Months Ended Year Ended April 30, January 31, April 30, April 30, April 30, 2008 2008 2007 2008 2007 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)* Net Sales 36,228 41,764 35,985 155,961 164,853 Cost of sales (Note A) 34,399 36,783 33,399 138,683 149,927 Gross profit 1,829 4,981 2,586 17,278 14,926 Operating expenses: Selling, general and administrative 4,411 4,157 5,794 18,940 22,065 Research and development 505 519 475 2,034 2,218 Reorganization expenses (Note B) 19 149 682 392 2,473 Facilities and relocation charges - - 89 - 3,047 Total operating expenses 4,935 4,825 7,040 21,366 29,803 Income/(loss) from operations (3,106) 156 (4,454) (4,088) (14,877) Other (expenses)/ income, net (901) (111) (397) (722) 643 Interest expense: - - amortization of deferred charges (739) (773) (858) (3,245) (3,705) - third parties (3,943) (4,092) (4,013) (16,281) (15,837) Loss before income taxes (8,689) (4,820) (9,722) (24,336) (33,776) Income tax expense (Note C) (98) (130) (1,264) (339) (1,264) Net loss (8,787) (4,950) (10,986) (24,675) (35,040) Other comprehensive loss: Foreign currency translation 18 9 22 61 39 Comprehensive loss (8,769) (4,941) (10,964) (24,614) (35,001) Net loss applicable to ordinary shareholders: Net loss (8,787) (4,950) (10,986) (24,675) (35,040) Preferred shares: Cumulative preferred share dividends (507) (507) (497) (2,028) (1,990) Accretion of preferred shares (433) (411) (339) (1,591) (1,232) Net loss applicable to ordinary shareholders: (9,727) (5,868) (11,822) (28,294) (38,262) Basic and diluted loss per ADS (Note D): Basic and diluted: Net loss (0.20) (0.12) (0.25) (0.59) (0.83) Basic and diluted weighted average number of ADSs outstanding (Note D) 49,722,587 48,723,339 46,695,972 48,306,653 46,119,881 Basic and diluted loss per ordinary share: Basic and diluted: Net loss (0.01) (0.01) (0.02) (0.04) (0.06) Basic and diluted weighted average number of ordinary shares out- standing 745,838,798 730,850,088 700,439,575 724,599,796 691,798,216

Note A: Includes $(67) thousand, $79 thousand and $1,356 thousand inventory (reversal)/write-down in the three months ended April 30, 2008, January 31, 2008 and April 30, 2007, respectively. Includes $861 thousand and $1,611 thousand inventory write-down for the year ended April 30, 2008 and April 30, 2007 respectively.

Note B: Includes charges of $19 thousand, $149 thousand and $682 thousand associated with headcount reductions in the three months ended April 30, 2008, January 31, 2008 and April 30, 2007, respectively. The charge for this quarter is primarily related to the headcount reductions of the Company's US employees; while the charges for other periods are primarily relate to the headcount reductions of the Company's Hong Kong employees.

Note C: The amount for the fiscal period of 2008 mainly represents provision for the US Income Tax, the PRC Enterprise Income Tax and the Hong Kong Profits Tax. The amount for the period ended April 30, 2007 represents provision for the Hong Kong Profits Tax concerning a tax dispute for the fiscal year 2000.

Note D: On December 8, 2006, the Company announced an intention to change the ADS ratio from 5 ordinary shares per 1 ADS to 15 ordinary shares per 1 ADS, representing the equivalent of a 1-for-3 reverse split. The new ADS ratio had taken effect at the close of business on December 22, 2006 and the new ADS ratio had in place at beginning of the next business day on December 26, 2006. The basic and diluted loss per ADS has been prepared on the number of ADS after the reverse share split.

* Extracted from the audited financial statements ASAT Holdings Limited Condensed Consolidated Balance Sheets (USD in thousands) As of April 30, 2008, January 31, 2008 and April 30, 2007 April 30, January 31, April 30, 2008 2008 2007 (Unaudited) (Unaudited) (Audited)* ASSETS Current assets: Cash and cash equivalents 6,011 12,264 7,325 Current portion of restricted cash - 900 900 Accounts receivable, net 17,540 18,505 17,704 Inventories 15,112 15,599 13,270 Prepaid expenses and other current assets 5,138 6,679 5,171 Total current assets 43,801 53,947 44,370 Restricted cash - - 900 Property, plant & equipment, net 62,252 65,774 79,582 Deferred charges, net 6,367 6,980 5,277 Other non-current assets 6,223 5,761 5,008 Total assets 118,643 132,462 135,137 LIABILITIES AND SHAREHOLDERS' DEFICIT Current liabilities: Short-term bank facilities 9,392 9,269 3,837 Accounts payable 27,908 29,005 25,926 Accrued liabilities and other payable 21,315 23,690 22,445 Amount due to QPL 3,461 4,312 2,532 Current portion of capital lease obligations 26 1,596 1,822 Total current liabilities 62,102 67,872 56,562 Other payable, net of current portion - - 2,086 Purchase money loan 9,449 9,323 8,249 9.25% senior notes due 2011 150,000 150,000 150,000 Capital lease obligations, net of current portion 44 48 758 Total liabilities 221,595 227,243 217,655 Series A Redeemable Convertible Preferred Shares 7,303 6,870 5,743 Shareholders' deficit: Common stock 7,664 7,382 7,114 Less: Repurchase of shares at par (71) (71) (71) Additional paid-in capital 248,142 248,259 246,072 Accumulated deficits (365,867) (357,080) (341,192) Accumulated other comprehensive loss (123) (141) (184) Total shareholders' deficit (110,255) (101,651) (88,261) Total liabilities and shareholders' deficit 118,643 132,462 135,137 ASAT Holdings Limited Condensed Consolidated Statements of Cash Flows (USD in thousands) For the three months ended April 30, 2008, January 31, 2008 and April 30, 2007, and For the year ended April 30, 2008 and April 30, 2007 Three Months Ended Year Ended April January April April April 30, 31, 30, 30, 30, 2008 2008 2007 2008 2007 (Unau- (Unau- (Unau- (Unau- dited) dited) dited) dited) (Audited)* Operating activities: Net loss (8,787) (4,950) (10,986) (24,675) (35,040) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization: Property, plant and equipment 5,284 5,428 5,708 22,004 23,328 Deferred charges and debt discount 739 773 858 3,245 3,705 Loss on disposal of property, plant and equipment 53 - 173 - 173 Unrealized foreign exchange loss 567 205 - 899 - Amortization of stock- based compensation 598 75 169 1,044 888 Changes in operating assets and liabilities: Accounts receivable, net 965 532 2,162 164 11,903 Restricted cash 900 - 1,520 1,800 1,520 Inventories 486 442 1,974 (1,728) 9,939 Prepaid expenses and other current assets (29) (358) (347) (1,537) 2,913 Other non-current assets (462) (615) 49 (1,215) (738) Accounts payable (2,013) (147) 305 5,063 (5,728) Accrued liabilities and other payable (2,375) 994 (2,606) (3,216) 834 Amount due to QPL (851) 1,138 (222) 929 (3,294) Net cash (used in) provided by operating activities (4,925) 3,517 (1,243) 2,777 10,403 Investing activities: Proceeds from disposal of property, plant and equipment 700 - 146 771 181 Acquisition of property, plant and equipment (2,036) (2,518) (3,533) (9,073) (17,748) Net cash used in investing activities (1,336) (2,518) (3,387) (8,302) (17,567) Financing activities: Proceeds from warrant and preferred shares exercised - - - 1 - Repayment of short-term bank loan (3,390) (2,156) (5,546) - Proceeds from draw down of new loan 3,390 7,256 1,304 10,646 3,837 Repayment of capital lease obligations (4) (76) (443) (940) (2,010) Proceeds from stock options exercised - - - - 218 Proceeds from right offering - - - - 490 Net cash (used in) provided by financing activities (4) 5,024 861 4,161 2,535 Net (decrease) increase in cash and cash equivalents (6,265) 6,023 (3,769) (1,364) (4,629) Cash and cash equivalents at beginning of period 12,264 6,237 11,072 7,325 11,915 Effects of foreign exchange rates change 12 4 22 50 39 Cash and cash equivalents at end of period 6,011 12,264 7,325 6,011 7,325 Supplemental disclosure of cash flow information: Cash paid during the period for: Interest expense 7,129 185 7,014 14,503 14,211 Income taxes 289 282 102 877 102 * Extracted from the audited financial statements

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CONTACT: Jim Fanucchi of Summit IR Group Inc., +1-408-404-5400,
ir@asat.com, for ASAT Holdings Limited

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

Micrel Sets High Water Mark With New Low Input Voltage Dual LDO Family for High Efficiency Applications

SAN JOSE, Calif., July 31 /PRNewswire-FirstCall/ -- Micrel Inc., , an industry leader in analog, high bandwidth communications and Ethernet IC solutions, today launched the MIC5313/4/5/6, a new family of low input voltage capable, low dropout regulators. The MIC5313/4/5/6 family integrates two LDOs capable of operating from an input voltage as low as 1.7V, while consuming only 37 Micron-A total quiescent current. The MIC5313/4/5/6 are all currently available in volume, with pricing starting at $1.29 for 1K quantities. Samples can be ordered on line on Micrel's web site at: http://www.micrel.com/ProductList.do.

"Power efficiency remains a constant focus for designers regardless of the application. Lowering the input supply voltage used by an LDO increases system efficiency," noted Andy Khayat, Micrel's director of marketing for portable power products. "Micrel's new MIC531x family of LDO regulators enables designers to regulate from low voltage supply rails, such as 1.8V, offering excellent efficiency and the lowest cost for a low-voltage to low-voltage conversion requirement."

The MIC531x family is designed with very low dropout voltage in order to regulate from low voltage rails and provide the highest conversion efficiency possible. Each one of the dual regulator can supply up to 300mA of output current, while only consuming 37 Micron-A total quiescent current when both channels are enabled. The combination of low quiescent, low input voltage capability and low quiescent current allow the MIC531x family to be used in demanding applications that need to be powered up at all times. The MIC5313/4/5/6 product family allows use of very small ceramic output capacitors, which reduces required board space and component cost. The product family is available in fixed output voltages. In addition, this family offers high PSRR, POR, voltage scaling, fast turn-on time, current limit and thermal shutdown protection, and can operate from -40 degrees C to 125 degrees C. The MIC5313/15 is offered in a 2mm x 2mm Thin MLF(R) 10-lead, and the full featured MIC5314/16 is offered in a 2.5mm x 2.5mm Thin MLF(R) 12-lead package.

About Micrel, Inc.

Micrel Inc., is a leading global manufacturer of IC solutions for the worldwide analog, Ethernet and high bandwidth markets. The Company's products include advanced mixed-signal, analog and power semiconductors; high performance communication, clock management, Ethernet switch and physical layer transceiver ICs. Company customers include leading manufacturers of enterprise, consumer, industrial, mobile, telecommunications, automotive, and computer products. Corporation headquarters and state-of-the-art wafer fabrication facilities are located in San Jose, CA, with regional sales and support offices and advanced technology design centers situated throughout the Americas, Europe and Asia. In addition, the Company maintains an extensive network of distributors and reps worldwide. Web: http://www.micrel.com/.

Note: MLF is a registered trademark of Amkor Technology.

Micrel, Inc.

CONTACT: Julieanne DiBene, Marketing Communications, of Micrel, Inc.,
+1-408-474-1276, Julie.DiBene@Micrel.com

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

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