Companies news

Saratoga County Residents to Benefit from Verizon Wireless Network ExpansionInvesting to Stay Ahead of Growing Demand for Wireless Calling, Data Access and Music

ALBANY, N.Y., Aug. 7 /PRNewswire/ -- In a continuing effort to provide the best wireless service for local residents in Saratoga County, Verizon Wireless has expanded its network with a new cell site in Milton. The new site improves coverage and capacity in the Town of Milton, along New York State Route 67 between Finley Road and Middleline Road, and along Goode Road between Englehart Road and Randall Road.

This network expansion is part of the company's aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless' voice and data services. The company has invested more than $45 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services.

Services include wireless data services such as picture messaging, text messaging, V CAST and V CAST Music with Rhapsody, ESPN MVP and BroadbandAccess, the company's high-speed wireless broadband network geared toward mobile professionals and business customers. It provides average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second, and average upload speeds of 500-800 kbps.

Strong demand for Verizon Wireless' services continued during the second quarter of 2008 as the company added 1.5 million net new customers. Verizon Wireless, the wireless company with the highest customer loyalty, reported the lowest customer turnover (highest customer loyalty) rate in the industry -- 1.12 percent in the second quarter -- for the 15th consecutive quarter.

The company's nation's most reliable wireless network reputation is based on network studies performed by real-life test men and test women throughout the country. These engineers drive 90 specially equipped vehicles almost 1 million miles annually on Interstate, U.S. and state highways, as well as major roads and surface streets. Test vehicles are equipped with computers that automatically make more than 3 million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.

Last year, Verizon Wireless introduced its 30-day Test Drive, an industry first that lets customers experience its network virtually risk-free for 30 days. If customers are not satisfied with their experience and take their number to another carrier, Verizon Wireless will refund their money for calls, equipment, activation fee and taxes. For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.

About Verizon Wireless

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

Verizon Wireless

CONTACT: John O'Malley of Verizon Wireless, +1-585-321-7264, or
+1-585-261-5899, John.OMalley@verizonwireless.com; or Meredith Dropkin,
+1-315-413-4293, mdropkin@mower.com, for Verizon Wireless

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

Medicsight Receives Brazilian State Food and Drug Administration Approval for ColonCAD Software

NEW YORK, Aug. 7 /PRNewswire-FirstCall/ -- Medicsight PLC, a subsidiary of MGT Capital Investments, Inc. , and an industry leader in the development of Computer-Aided Detection (CAD) and image analysis software, today announced that it has received approval from the Brazilian regulatory agency, Agencia Nacional de Vigilancia Sanitaria ("ANVISA"), for its ColonCAD(TM) software.

David Sumner, Chief Executive of Medicsight, commented: "This is another important milestone for Medicsight and our partners as we commercialize our technology globally. This regulatory approval in the dynamic Latin American market is another approval in a high growth BRIC market, following on from the Chinese State Food and Drug Administration approval announced in April."

Dr. Stuart Taylor of University College Hospital, London, a principal investigator for Medicsight, commented: "The approval of Medicsight's ColonCAD(TM) software is great news for patients. It will also be a bonus for radiologists, whose workload is growing rapidly, both due to the rising prevalence of colorectal cancer and the advances in imaging technology which have led to a substantial increase in the amount of image data that must be reviewed for each patient scan. Medicsight's technology can help to ease this burden, potentially reducing human error and also providing a valuable tool, especially for less experienced readers, to interpret these complex scans.

"Medicsight's CAD software has been validated against one of the world's largest and most population diverse proprietary databases of verified CT scan data, making the software applicable to patients of many different nationalities," concluded Dr. Taylor.

Medicsight's ColonCAD(TM) computer-aided detection technology aims to assist radiologists in the detection of colorectal neoplasia (polyps) by automatically highlighting suspicious areas on CT colonography scan images. The software may also help radiologists detect potentially malignant tumours at an early stage when treatment is most likely to be successful.

About MGT Capital Investments, Inc.

MGT Capital Investments, Inc. is a technology holding company that focuses on investments in the global healthcare information technology market. The Company has two subsidiaries, Medicsight PLC and Medicexchange PLC.

Medicsight PLC (AIM: MDST) is a UK-headquartered, research driven, leading developer of computer-aided detection (CAD) and image analysis software for the medical imaging market. The CAD software automatically highlights suspicious areas on computerised tomography (CT) scans of the colon and lung, helping radiologists to identify, measure and analyse potential disease and early indicators of disease. Medicsight's CAD software has been validated using one of the world's largest and most population diverse databases of verified patient CT scan data. Medicsight's ColonCAD(TM) and LungCAD(TM) software products are seamlessly integrated with the advanced 3D visualisation workstations of several industry-leading imaging equipment partners.

Medicexchange PLC provides medical imaging professionals with a global web portal containing an online sales, jobs and information channel for diagnostic, treatment and surgery planning solutions. This combined with a variety of relevant clinical papers, training materials and content gives these professionals access to information and products that they otherwise would have difficulty accessing.

Additional information can be found at http://www.mgtci.com/.

All forward-looking statements are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in company filings with the Securities and Exchange Commission.

Investor & Media enquiries: KCSA Strategic Communications Todd Fromer / Garth Russell Tel: +1 212-896-1215 / 212-896-1250 tfromer@kcsa.com / grussell@kcsa.com

MGT Capital Investments, Inc.

CONTACT: Investor & Media enquiries: Todd Fromer, +1-212-896-1215,
tfromer@kcsa.com, or Garth Russell, +1-212-896-1250, grussell@kcsa.com, both
of KCSA Strategic Communications, for MGT Capital Investments, Inc.

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

Prosten Technology Announces 2008 1st Quarter Earnings

Continuous Growth from Effective Business Model After Successful Business Transformation

HONG KONG, Aug. 7 /Xinhua-PRNewswire/ -- China's leading wireless search services provider, Prosten Technology Holdings Limited (''Prosten''; Stock Code: 8026, and its subsidiaries, collectively the ''Group'') today announces the unaudited consolidated results for the three months ended 30 June 2008.

Highlights: For the three months ended 30 June 2008: -- Revenue amounted to HK$40,327,000, representing a five-fold growth compared with the corresponding period in the previous financial year -- Profit attributable to equity holders of the Company amounted to HK$12,184,000, a 20-fold increase compared with the same period of 2007 -- Excluding the impact of fair value loss on convertible bonds, the profit attributable to equity holders of the Company would have been HK$17,489,000, an increase of HK$17,206,000 as compared with the profit excluding fair value gains and imputed interest on convertible bonds for the same period in last year -- Gross profit rose by 5 times over the corresponding period in 2007, to HK$35,477,000 -- Gross profit margin was 88%, similar to the same period of last year, which was 87% -- Overall operating expenses were HK$13,663,000, increasing by 119% year- on-year -- Basic earnings per share were HK2.04 cent (1Q07: HK0.10 cent) Financial Results

During the period under review, the Group launched new search services to enhance its users' experience. A continuation of a developing trend from the previous quarter, the Group achieved a high gross profit margin through effective cost control measures.

For the three months ended 30 June 2008, profit attributable to equity holders amounted to HK$12,184,000, a 20-fold increase compared with the same period of 2007. Excluding the impact of fair value loss on convertible bonds, the profit attributable to equity holders of the Company would have been HK$17,489,000, an increase of HK$17,206,000 as compared with the profit excluding fair value gains and imputed interest on convertible bonds for the same period in last year. Basic earnings per share were HK2.04 cent (1Q07: HK0.10 cent).

The Group's consolidated revenue for this quarter amounted to HK$40,327,000, representing a 5-fold increase as compared with the corresponding period in 2007. The revenue in this quarter decreased by HK$5,426,000 or 12% compared with the fourth quarter of the last fiscal year, as some promotion activities in Cheng Du, the base for China Mobile's mobile music business, were cancelled due to the May 2008 Sichuan earthquake disaster. The Group expects revenue to rebound after the recovery of the disaster areas.

The cost of sales amounted to HK$4,850,000, an increase of HK$3,975,000 compared to the same period in last year, but a decrease of HK$701,000 or 13%, compared to the fourth quarter of last financial year.

The gross profit for the current review period increased by 5 times to HK$35,477,000 compared with the same period of last year, but decreased by 12% compared with the fourth quarter of last year. On the other hand, the gross profit margin was 88%, the same as that of the previous quarter and similar to the 87% in the same period in last year.

Through continuous implementation of budget and cost controls, overall operating expenses including selling expenses, administrative expenses and other expenses during the current period amounted to HK$13,663,000, an increase of 119% compared to the same period last year while revenue increased by 5 times. Due to expansion in sales and marketing teams and an increase of promotion activities, selling expenses rose by HK$3,021,000 compared to the first quarter of last year. Administrative expenses increased by HK$4,460,000 year-on-year, mainly due to higher staff costs.

Mr. Guan Mingjie, CEO of Prosten Technology, commented on the results, ''After the successful business transformation, our group experienced another profit making quarter. With growth in both revenue and net operating profit, our business model again proved to be unique and effective. Faced with the Sichuan earthquake, we adopted various corresponding measures, and effectively reduced the negative impact of this major disaster on the results of the Group, which promises continual earnings growth for our shareholders.''

Business Review

The Group continued to improve its products. As an example, it recently launched new music information (such as album name, singer's pictures and lyrics) search services to enhance users' experience. Meanwhile, progress has been made in areas such as games, lifestyle information and other vertical search business.

The Group aimed at developing effective data collection and user behavior analysis and made an extensive effort to enhance the efficiency of digital marketing, thus further boosting the commercial value of heavy music users.

The Group continued to focus on and follow up on cooperation opportunities with new operators after the reorganization of the China telecom industry.

Immediately after the Sichuan earthquake, the Group sent disaster relief information by SMS to mobile music users nationwide. In addition, the Group has specifically launched ''Love and Care with SMS'' information services based on its unique natural language intelligent navigation technology.

Outlook

The Group plans the formal launch of new vertical search business such as games, lifestyle information, etc. In addition, based on user data collection and search services, a wireless advertising business has also been prepared for substantial promotion, in the hope of becoming the next revenue driver.

Looking forward to the second quarter, Mr. Dennis Yip, Chairman of Prosten said: ''We project that our business will be affected by the Beijing 2008 Olympic Games to a certain extent. As requested by the operator, all sales and marketing activities will have to be suspended during the Olympic Games. In addition, the operator has made 'Network Closure' arrangements to ensure network safety. Nevertheless, we have conservative but optimistic views towards our revenue. The Group believes that the business will return to normal after the Olympic Games.''

''For most Chinese companies, the year 2008 is full of challenges. However, we believe that the Group has a bright future as more and more young users that demand high-tech services are joining the China market. Meanwhile, aware of keen market competition, we are also actively seeking development strategies and objectives outside our usual course of business, including mergers and acquisitions, in order to create greater value for our shareholders.''

About Prosten

Prosten's Group was established in 1989, and its holding company, Prosten Technology Holdings Limited, was listed on GEM (Stock Code: 8026) in March 2000. Through its wholly owned subsidiary, Unison Networking Services (Shanghai) Co., Ltd, Prosten became the sole provider of wireless music search services for China Mobile in January 2007. The search services are delivered through SMS and WAP, etc on portable devices and are available in all provinces and cities in China, with total users of more than 120 million.

For investor and media enquiries: Prosten Winsome Cheung Tel: +852-2838-8873 Email: winsome.cheung@prosten.com.cn PRChina Henry Chik Tel: +852-2522-1838 Email: hchik@prchina.com.hk Tracy Zhu Tel: +852-2522-1838 Email: tzhu@prchina.com.hk

Prosten Technology Holdings Limited

CONTACT: Prosten - Winsome Cheung, +852-2838-8873, or
winsome.cheung@prosten.com.cn; PRChina - Henry Chik, +852-2522-1838, or
hchik@prchina.com.hk; Tracy Zhu, +852-2522-1838, or tzhu@prchina.com.hk

Visit NBCOlympics.com on MSN and Watch the Summer Games You Want, When You WantWatch more than 3,500 hours of live and on-demand video powered by Microsoft Silverlight technology.

REDMOND, Wash., Aug. 7 /PRNewswire-FirstCall/ --

Who: NBCOlympics.com on MSN is the exclusive U.S. online destination for the 2008 Summer Olympics in Beijing. A number of Microsoft Corp. teams have worked together to create a rich and immersive experience for Olympic fans that enables them to watch the summer games they want, when they want. MSN, Silverlight, Windows Media Center, Zune and Xbox all provide unique options that let viewers experience the Olympics in a way they never have before. What: Check out NBCOlympics.com on MSN and watch more than 3,500 hours of live and on-demand video that will let you experience the Games like never before. Now, you can conveniently watch the games you want, when you want whether you are at home, at work or on the go. -- MSN. NBCOlympics.com on MSN is the best destination to catch all the action with a 24x7 Olympics module on the MSN home page, complete with the latest news, live medal counts, statistics and videos that will make catching up on your favorite event or athlete quick and easy. Now, sports fans can keep the adrenaline pumping with non-stop action, news and videos on MSN. -- Silverlight. Silverlight 2 enables NBC to provide online viewers with Olympics content in a rich, interactive viewing experience that includes some of the highest-quality video on the Web today. Users can view up to four events at the same time with picture-in-picture controls, and customize the player to capture their favorite events. In addition, dynamic overlays will provide expert commentary, and users also will be able to access statistics, play-by-play captioning, and athlete profiles through Silverlight as they watch their favorite event. -- Windows Media Center. Olympic enthusiasts can take NBC's coverage of Olympic events wherever they go with "NBC Olympics on the Go," powered by Wavexpress' TVTonic Internet video, a free service that allows sports fans to download NBC Olympics video of their favorite sports to their laptops in up-to-high-definition quality. Fans who are looking for the highlights from Beijing will be able to download these videos through "NBC Direct." -- Xbox. During the Olympics, users will have access to a daily wrap-up of the day's events from NBC Sports. Wrap-up content will be priced at $1.99 under the NBC Network, with a complete Olympic wrap-up available at the end of the Games. -- Zune. On Aug. 8, Zune Marketplace will kick off a series of daily 2008 Olympic Games videos from NBC Sports, giving viewers special on-the-go access to the 2008 Beijing Olympic Games. For approximately 99 cents -- $1.99 per episode (with post-Games content TBD), footage will include memorable highlights from the Opening and Closing Ceremonies, "best of" compilations, "best match" replays and a post-Games wrap-up feature. Users will be able to download each episode onto their Zune device for viewing whenever and wherever they go. -- Live Search. Live Search will provide an xRank of Olympic athletes showing which athletes are being searched for the most on Live Search, who is on the rise and who is declining in search popularity. It will also provide detailed "instant answers" on Olympics-specific search queries performed at Live.com or via Web search on NBCOlympics.com on MSN. Queries to try include an athlete's name or: -- "Olympic medals" -- Medals for < country > and/or < sport > e.g., "Medals for USA" or "USA medals for swimming" When: The Olympic Games begin on 08/08/08. Where: Go to MSN.com to check out the Olympic events you want, when you want.

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

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

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

CONTACT: Brynn Vitale, +1-212-907-6649, bvitale@waggeneredstrom.com, or
Rapid Response Team, +1-503-443-7070, rrt@waggeneredstrom.com, all of Waggener
Edstrom Worldwide, for Microsoft Corp.

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

Elephant Talk Featured on Larry Oakley's WallStreetCorner.com

ORANGE, Calif., Aug. 7 /PRNewswire-FirstCall/ -- Elephant Talk Communications, Inc. (BULLETIN BOARD: ETAK) , an international telecom and multimedia content distributor, has been featured as "stock pick" of the week on Larry Oakley's WallStreetCorner.com.

Oakley, an internationally known financial author and lecturer, is often referred to as the "Elder Statesman of Emerging Growth Investment Writers," and he founded WallStreetCorner.com as the online editorial venue for his Conservative Speculator newsletter, sent by mail for about 15 years to investors in 20 countries.

The full commentary is available at http://www.wallstreetcorner.com/stockpick.html.

About Elephant Talk Communications

Elephant Talk Communications is positioning itself as an international telecom operator and enabler/systems integrator to the multimedia industry by facilitating the distribution of all forms of content, as well as mobile and fixed-telecom services, to global telecommunications consumers. The company provides traditional telecom services, media streaming, and distribution services primarily to the business-to-business (B2B) community within the telecommunications market. Elephant Talk is also a system integrator and developer for mobile telecom and content distribution solutions; and, as a Mobile Virtual Network Enabler (MVNE), the company has positioned itself as the premier outsourcing partner for both Mobile Network Operators (MNO's) as well as for Mobile Virtual Network Operators (MVNO's). ETLK is positioning itself as the preferred MVNE partner of the larger, global Mobile Operators and currently operates sophisticated networks in over a dozen markets in Europe, Asia Pacific, and the Middle East.

Forward-Looking Statements

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here; however, readers should review carefully reports or documents the Company files periodically with the Securities and Exchange Commission.

Elephant Talk Communications, Inc.

CONTACT: Steven van der Velden of Elephant Talk Communications, Inc.,
+31-20-653-59-16, info@elephanttalk.com; or Investor Relations, Jon Cunningham
of RedChip Companies Inc., 800-REDCHIP (733-2447), Ext. 107, info@redchip.com

Web site: http://www.elephanttalk.com/
http://www.wallstreetcorner.com/stockpick.html
http://www.redchip.com/

Enhanced Service for Verizon Wireless Customers in Western North CarolinaCompany Launches High-Speed Network Along the North Carolina/Georgia Border

FRANKLIN, N.C., Aug. 7 /PRNewswire/ -- Verizon Wireless is widening its wireless "3G fast lane" to cover a larger footprint across western North Carolina. Customers of Verizon Wireless will immediately see enhanced wireless coverage in and around the following areas:

-- Along US 441 between Franklin, N.C., and Dillard, Ga. -- Throughout the town of Otto

With the enhanced network, residents of western North Carolina now have access to Verizon Wireless' two prime services: BroadbandAccess and V CAST. With BroadbandAccess, customers can download a 1 Megabyte e-mail attachment -- the equivalent of a small PowerPoint(R) presentation or a large PDF file -- in about eight seconds and upload the same-sized file in less than 13 seconds. Today, over 75 percent of North Carolina residents have access to Verizon Wireless' high-speed broadband service, an increase of nearly 68 percent since 2006. The company's V CAST multimedia services offer customers the ability to download full-song tracks, play cutting-edge 3D games and stream video clips straight to their phones.

"We are excited to introduce residents of western North Carolina to the Verizon Wireless experience of unparalleled products and services combined with unbeatable customer service," said Jerry Fountain, president of Verizon Wireless' Carolinas/Tennessee region. "Customers choose Verizon Wireless and stay with us, because they know they'll get the wireless service they can depend on."

In an industry first, Verizon Wireless is putting customers in the driver's seat to take the nation's most reliable* wireless voice and data network for a spin. Verizon Wireless is the only major carrier with a 30-day network Test Drive (http://aboutus.vzw.com/bestnetwork/overview.html) pledge that pays for calls if a customer is not satisfied with Verizon Wireless and switches to another carrier.

Verizon Wireless builds its network for reliability during emergencies. For example, 100 percent of Verizon Wireless' cell sites in North Carolina are prepared for a natural disaster or other emergency, which includes back-up battery power at every site, generators at switching facilities and many cell sites, a fleet of mobile generators and Cells on Wheels.

The company has invested more than $45 billion in its wireless network since the company was formed in 2000. Of that amount, more than $890 million has been invested in North Carolina, helping Verizon Wireless stay ahead of the growing demand for its services, like the new Nationwide Unlimited Anytime Minute calling plans, adding new capabilities like V CAST Mobile TV and improving and maintaining the network year-round in preparation for hurricanes and other natural disasters.

To meet customers' growing demand for wireless products and services in this growing community, Verizon Wireless products can be found at the following authorized agents:

Dnet Enterprise The Wireless Store 185 Franklin Plaza 235 Hollysprings Plaza Franklin, NC 28734 Franklin, NC 28734 828-349-1110 828-361-0100

For more information about Test Drive (http://aboutus.vzw.com/bestnetwork/overview.html) from Verizon Wireless or any of our products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.

* Network details at http://www.verizonwireless.com/bestnetwork. About Verizon Wireless

Verizon Wireless

CONTACT: Carly Culbertson of Verizon Wireless, +1-864-987-2006,
Carolyn.Culbertson@verizonwireless.com

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

Charlotte, N.C., Residents to Benefit From Verizon Wireless Network ExpansionOver Seventy-Five Percent of North Carolina Residents Have Access to Verizon Wireless' High-Speed Broadband Service

CHARLOTTE, N.C., Aug. 7 /PRNewswire/ -- Verizon Wireless, builder and operator of the nation's most reliable wireless network*, recently enhanced their network throughout the Charlotte area, increasing network coverage in the city and surrounding communities.

Verizon Wireless customers will immediately see improved wireless coverage in south Charlotte along Carmel Road between Highway 51 and Colony Road and along Quail Hollow Road and Glen Eagles Road.

Verizon Wireless customers in these areas now have access to the latest high-speed business and entertainment services offered on their phones, laptop computers and other wireless devices through two prime services offered by the company: BroadbandAccess and V CAST. With BroadbandAccess, customers can download a 1 Megabyte e-mail attachment -- the equivalent of a small PowerPoint(R) presentation or a large PDF file -- in about eight seconds and upload the same-sized file in less than 13 seconds. Today, over 75 percent of North Carolina residents have access to Verizon Wireless' high-speed broadband EV-DO service, an increase of nearly 68 percent since 2006. The company's V CAST multimedia services offer customers the ability to download full-song tracks, play cutting-edge 3D games and stream video clips straight to their phones.

"Charlotte represents a vital market with dynamic, tech-savvy business people, residents and students who want to stay connected," said Jerry Fountain, president of Verizon Wireless' Carolina/Tennessee region. "BroadbandAccess lets our business customers experience a truly untethered mobile office experience with remote access to corporate data on their laptops and e-mail on their PDAs. With V CAST, consumers can enjoy a comprehensive selection of downloadable music, high-quality videos and exciting 3D games."

The company has invested more than $45 billion in its wireless network since the company was formed in 2000. Of that amount, nearly $890 million has been invested in North Carolina, helping Verizon Wireless stay ahead of the growing demand for its services, like the new Nationwide Unlimited Anytime Minute calling plans, adding new capabilities like V CAST Mobile TV and improving and maintaining the network year-round in preparation for hurricanes and other natural disasters.

To meet customers' growing demand for wireless products and services in this growing community, Verizon Wireless operates the following retail locations:

Arboretum Pineville 8046 Providence Road, Suite B 9813 South Boulevard, Suite 101 Charlotte, NC 28277 Charlotte, NC 28273 704-540-3500 704-552-8396 UNCC 110 McCullough Drive Charlotte, NC 28262 704-548-9510

* Network details at http://www.verizonwireless.com/bestnetwork. About Verizon Wireless

Verizon Wireless

CONTACT: Carly Culbertson of Verizon Wireless, +1-864-987-2006,
Carolyn.Culbertson@verizonwireless.com

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

Hospital Facility Managers Learn to Stretch Budgets with Automated System Monitoring Tool

BONIFAY, Fla., Aug. 7 /PRNewswire/ -- Florida's hospitals are facing potential financial trouble as the state's economy continues to weaken and the number of uninsured patients seeking treatment increases, according to the Florida Hospital Association. In this uncertain landscape, it is ever more critical for administrators and staff to stretch existing budgets as far as possible -- and look for ways to cut unnecessary expenses.

One way to save on operating expenses while improving efficiency is by simplifying the time-consuming task Joint Commission environment of care monitoring and reporting.

The Joint Commission accredits and certifies more than 15,000 health care organizations and programs nationwide and is recognized as a symbol of quality that reflects an organization's commitment to meeting certain performance standards.

At an upcoming presentation at Doctor's Memorial Hospital, Tim Goatley, healthcare specialist from Trane, will discuss how automated technology, like the Critical Hospital Systems Dashboard from Trane, can help facility managers streamline the accreditation process and more easily identify areas where capital equipment investments could lower operating expenses.

When: August 14, 2008, at noon Location: Doctor's Memorial Hospital, Bonifay, Fla. Tour of the new Doctor's Hospital facility to follow presentation About the Dashboard

The Critical Hospital Systems Dashboard automates collection of data related to the physical environment of the hospital, including temperature, humidity, energy and relative pressure.

Historically, hospitals manually track this data, which is a time- and staff-consuming activity with the potential for human error. The cost of correcting an instance of non-compliance can run as high as $25,000, leaving little to no room for reporting error.

Using the dashboard, hospital administrators and engineers can continuously view, monitor, track, trend and report environmental conditions in all critical areas of the hospital from a single location. This simplifies Joint Commission environment of care documentation and reporting, saves time and minimizes the potential for errors.

Additionally, the dashboard gathers data hospital facility managers and engineers need to help guide decisions on improvements and investments in their environment systems.

For example: If relative humidity levels in the surgical suite are continuously off balance, patient outcomes may be sacrificed, surgeons may unable to work effectively, and there may be a case for a capital investment in humidity control systems.

Trane, a wholly owned subsidiary of Ingersoll Rand , provides systems and services that enhance the quality and comfort of air in homes and buildings around the world. Through its two premium brands -- Trane and American Standard Heating & Air Conditioning -- the business offers a broad range of energy-efficient heating, ventilation and air conditioning solutions. Its systems and services comprise dehumidifying and air cleaning products; aftermarket service and parts support; advanced building controls; and building and financing solutions, including those that allow energy-efficient systems to pay for themselves through energy savings. Trane's systems and services have leading positions in premium commercial, residential, institutional and industrial markets; a reputation for reliability, high quality and product innovation; and a powerful distribution network. The business has 35 plants in 10 countries and more than 29,000 employees worldwide. For more information, visit http://www.trane.com/; http://www.americanstandardair.com/; and http://www.ingersollrand.com/.

Trane has been a partner to hospitals for over 40 years, providing a range of systems, services and solutions to optimize healing environments, improve patient outcomes, increase comfort levels of staff and patients, and optimize facility investment. Nearly half of all healthcare facilities in North America rely upon Trane systems for their comfort needs.

Trane

CONTACT: Perri Richman of American Standard Heating & Air Conditioning,
+1-732-980-6386, prichman@americanstandard.com

Web Site: http://www.americanstandardair.com/
http://www.ingersollrand.com/
http://www.trane.com/

EDGAR(R) Online Inc. CFO to Showcase Growth Strategies as Presenter at Noble Financial Equity Conference

NEW YORK, Aug. 7 /PRNewswire-FirstCall/ -- EDGAR(R) Online, Inc. , a leading provider of value-added business and financial information, announced today that CFO, John C. Ferrara, will present at the Fourth Annual Noble Financial Equity Conference at 1:00 P.M. (Pacific) on Monday, August 18, 2008 at the Loews Lake Las Vegas Resort, Nevada.

Mr. Ferrara will provide an overview of EDGAR Online's market positioning, financial performance and strategic direction. He will discuss SEC XBRL initiatives from the most recent quarter that have impacted EDGAR Online's businesses, provide an update on current partnerships and a look forward to the changing regulatory environment in the U.S.

"We are proud to have been selected as a presenter at the M.A.D. Max conference. Noble consistently delivers a valuable experience to investors by carefully selecting participating firms from diverse industries and with varied market caps. EDGAR Online has a great story to tell as we continue to deliver innovative products and services to the markets," said Ferrara.

The presentation will be webcast LIVE featuring high-definition, streaming video and PowerPoint slides. Access is available by logging on to the conference website http://www.noblemadmax.com/. It is recommended that interested parties register at least 15 minutes prior to the start of the presentation to ensure timely access.

About EDGAR Online, Inc.

EDGAR Online, Inc. , http://www.edgar-online.com/, is a leading provider of value-added business and financial information on global companies to financial, corporate and advisory professionals. The company makes its information and a variety of analysis tools available via online subscriptions and licensing agreements to a large user base.

This press release may contain "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this press release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in EDGAR Online's filings with the SEC. EDGAR Online disclaims any obligation to update or revise any forward-looking statements.

EDGAR(R) is a federally registered trademark of the U.S. Securities and Exchange Commission (SEC). EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.

About Noble Financial Noble Financial is a privately-held, full-service capital markets firm driven by what is often overlooked by other firms -- uncovering the value embedded in the orphaned, undiscovered or misunderstood company. The company focuses on converting market inefficiencies into profit opportunities. Noble Financial supports emerging companies through strategic advice, investment banking, market-making, sales & trading, comprehensive equity research, and the development of institutional support. Noble Financial's equity conferences -- 2008 marks their fourth annual -- allow for a unique blend of professional and personal interaction among a diverse cross-section of executives. The company has operated for 24 years and has offices in Florida, New York City and Boston.

EDGAR Online, Inc.

CONTACT: T. David Colgren, Colcomgroup, Inc., +1-917-587-3708,
dcolgren@colcomgroup.com

Web Site: http://www.edgar-online.com/
http://www.noblemadmax.com/

Stars Sign the Night Away for City of Hope, Texas Instruments at Teen Choice Awards 2008Celebrities Autograph TI-Nspire(TM) Graphing Calculators for Charity

DALLAS, Aug. 7 /PRNewswire/ -- 2008 Teen Choice Awards favorites The Jonas Brothers were among more than 50 stars who autographed Texas Instruments gear for City of Hope, a leading research and treatment center for cancer, diabetes and other life-threatening diseases.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080807/LATH049-a) (Photo: http://www.newscom.com/cgi-bin/prnh/20080807/LATH049-b) (Photo: http://www.newscom.com/cgi-bin/prnh/20080807/LATH049-c)

Celebrities who signed TI-Nspire graphing calculators -- which will be given to patients at City of Hope for use in their math and science courses -- include Natasha Bedingfield, JoJo, Mandy Jiroux, Chad Michael Murray, Jordin Sparks, David Cook, David Archuleta, Sophia Bush, Niecy Nash, Michael Urie, Demi Lovato, Selena Gomez, Drake Bell, Josh Holloway, Brian Austin Green, Thomas Dekker, Carrie Keagan, LL Cool J, Adrienne Bailon, Kiely Williams, Sabrina Bryan, Ariel Moore, Destinee Monroe, Paris Monroe, Channing Tatum, Aubrey O'Day, Aundrea Fimbres, Shannon Bex, Dawn Richardson, D. Woods, Daren Kagasoff, Francia Raisa, Greg Finley, India Eisley, Kenny Bauman, Luke Zimmerman, Brenda Song, Giuliana DePandi, Jon Chu, Adam Sevani, Kevin Brewer, Christopher Gatdula, Rynan Paguio, Philippe Tayag, Benjamin Chung, Jeffrey Nguyen, KayCee Stroh and Olesya Rulin.

The Jonas Brothers received TI-Nspire graphing calculators and signed a one-of-a-kind, custom-designed TI "Math Rocks" red electric guitar.

The signing took place at the 2008 Teen Choice Awards celebrity retreat at the Gibson Amphitheatre in Universal City, Calif. The retreat is produced by Backstage Creations; specialists in award show gifts and custom backstage celebrity retreats.

TI-Nspire is the latest graphing calculator from Texas Instruments and sure to be this fall's favorite high-tech tool for back-to-school. Combining computer features with graphing capabilities proven** to increase students' math achievement, the TI-Nspire gives teens the perfect graphing calculator for school and homework. It offers a large, high-resolution display, convenient mouse pad, drop-down menus, alpha keys for easy text entry and the ability to save work in documents. The TI-Nspire is also approved for use on the SAT*, ACT and AP* exams and even comes with access to free test prep questions from The Princeton Review.

For more information about City of Hope, visit http://www.cityofhope.org/. To learn more about the TI-Nspire graphing calculator, visit http://www.timathrocks.com/.

About Texas Instruments

Education Technology, a business of Texas Instruments, provides a wide range of advanced tools connecting the classroom experience with real-world applications and enabling students and teachers to explore math and science interactively. Designed with leading educators and researchers, Texas Instruments educational technology and services are tested against recognized third-party research on effective instruction and improved student learning. Such research shows that use of graphing calculators and wireless classroom networks in the classroom helps teachers implement instructional strategies that lead to student collaboration, higher student interest, engagement and achievement in math. For more than 20 years, TI has worked closely with educators and administrators to develop student-focused curricular and supplemental classroom materials, and it supports the world's largest professional development organization for the appropriate use of educational technology. More information is available at education.ti.com.

Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 25 countries. For more information, go to http://www.ti.com/.

Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. More information is located on the World Wide Web at http://www.ti.com/.

About City of Hope

City of Hope is a leading research and treatment center for cancer, diabetes and other life-threatening diseases. Designated as a Comprehensive Cancer Center, the highest honor bestowed by the National Cancer Institute, and a founding member of the National Comprehensive Cancer Network, City of Hope's research and treatment protocols advance care throughout the nation. City of Hope is located in Duarte, Calif., just northeast of Los Angeles, and is ranked as one of "America's Best Hospitals" in cancer and urology by U.S.News & World Report. Founded in 1913, City of Hope is a pioneer in the fields of bone marrow transplantation and genetics. For more information, visit http://www.cityofhope.org/.

* SAT & AP are registered trademarks of the College Entrance Examination Board, which was not involved in the production of and does not endorse this product. ACT is a registered trademark of ACT, Inc., which was not involved in the production of and does not endorse this product. Policies subject to change. Visit http://www.collegeboard.com/ and http://www.act.org/ for more information. ** For information about research showing that graphing calculator use improves students' math skills as well as their attitudes toward math, visit http://www.education.ti.com/research.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080807/LATH049-a
http://www.newscom.com/cgi-bin/prnh/20080807/LATH049-b
http://www.newscom.com/cgi-bin/prnh/20080807/LATH049-c
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN6, PRN7, PRN8
PRN Photo Desk, photodesk@prnewswire.com Texas Instruments

CONTACT: Laura Slagle of GolinHarris, +1-972-341-2541,
lslagle@golinharris.com, for Texas Instruments

Web site: http://www.ti.com/
http://www.cityofhope.org/

China Voice Holding Corp. Files Form 10 to Become Fully Reporting

BOCA RATON, Fla., Aug. 7 /PRNewswire-FirstCall/ -- China Voice Holding Corporation (CHVC) , announced today that it has filed a Form 10 Registration Statement with the Securities & Exchange Commission (SEC) to become a fully reporting company. During the review process by the SEC, the Company will apply to trade on either the American Stock Exchange (AMEX) or the NASDAQ.

CHVC's President and CEO, Bill Burbank said, "The filing of our Form 10 represents the achievement of a significant milestone for our Company. We look forward to completing the process to become a fully reporting company and subsequently achieving a listing on either the AMEX or NASDAQ, which will further the Company's progress towards achieving the highest level of transparency and liquidity for the benefit of our shareholders and the investment community."

China Voice Holding Corp. ("CHVC") is a U.S. publicly-traded holding company headquartered in South Florida with a portfolio of next-generation communications products and services doing business in the People's Republic of China and the U.S. Through its subsidiaries, the Company provides Voice over Internet Protocol ("VoIP") telephone services, office automation, wireless broadband, unified messaging, video conferencing, mobility services and other advanced voice and data services in China, where the Company has obtained full legal status as a licensed telecommunications company. The Chinese telecommunications market is the largest and fastest growing in the world. CHVC's focus is on providing its innovative and patented voice and data solutions to government agencies and large enterprises in China. China Voice Holding Corp. trades Over-the-Counter and is listed in the Pink Sheets under the symbol "CHVC". Prior to the filing of periodic reports to the SEC, the Company is providing its recently audited financial statements and other current information at the pinksheets.com website. Additional information may be found at http://www.chvc.com/.

Forward-Looking Statements

The foregoing, including any discussion regarding the Company's future prospects, contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to risks and uncertainties associated with economic conditions in the telecommunications industry, particularly in the principal industry sectors served by the Company; risks and uncertainties inherent in the operation of businesses outside the United States; changes in customer requirements and in the volume of sales to principal customers; the ability of the Company to assimilate acquired businesses and to achieve the anticipated benefits of such acquisitions; competition and technological change; and the ability of the Company to control operating costs and maintain satisfactory relationships with existing and potential vendors. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors that may be set forth in the Company's anticipated filings with the Securities and Exchange Commission.

China Voice Holding Corporation

CONTACT: Jack Eversull of The Eversull Group, Inc., +1-972-378-7917,
fax, +1-972-378-7981, jack@theeversullgroup.com, ir@chvcmail.com, for China
Voice Holding Corporation

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

AT&T Extends Deadline for College Mobile Applications Developer Contest'Big Mobile On Campus Challenge' to Award $10,000 Scholarship to Winner

DALLAS, Aug. 7 /PRNewswire-FirstCall/ -- AT&T Inc. today announced an extended deadline for submissions to its Big Mobile On Campus Challenge, a unique contest for full-time college students and staff to develop innovative and creative mobile applications that enhance academic performance, build campus community and help improve campus security operations. AT&T has extended the deadline for submissions, through midnight Pacific time, Monday, Sept. 15, 2008.

Big Mobile On Campus Challenge is open to all full-time students and full- or part-time staff at a four-year public or private accredited, nonprofit college or university in the continental United States. Entrants must be 18 or older and legal residents of the continental U.S.

"We're excited about the Big Mobile On Campus Challenge and in seeing the innovative applications and ideas from the college community," said Bill Archer, chief marketing officer for AT&T Global Business Services. "We've decided to extend the submission deadline to enable more students to take advantage of this opportunity to develop the next great mobile applications to help students be more productive, as well as enhance their lifestyle."

The contest opened April 1, 2008, and will now be accepting submissions until Sept. 15, 2008. After a judging period in mid-September, the winner will be announced in October and receive a $10,000 scholarship -- given to an individual or divided among the team members who developed the application -- at the EduCause annual conference Oct. 28-31, 2008, in Orlando, Fla.

If a staff member wins the award as an individual or is on the winning team, she or he will receive cash compensation. The winner(s) will also receive a device of choice for each entrant and an all-expense-paid trip to EduCause.

The Big Mobile On Campus Challenge seeks applications in three categories: social networking, academics and safety and security. AT&T will choose three finalists in each category and then pick the top three overall. The two runners-up -- either as an individual or team -- will receive a $5,000 scholarship and device of choice for each entrant.

For more information on the Big Mobile On Campus Challenge, please visit http://www.att.com/higherEDcontest.

About AT&T

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

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

AT&T Inc.

CONTACT: Melissa Mirabile, +1-212-453-2327, cell, +1-914-841-5180,
mmirabile@attnews.us, for AT&T; or Janet Wyles of AT&T, +1-908-234-6067, cell,
+1-732-331-6754, wyles@att.com

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

Fusion To Release Second Quarter 2008 Financial Results on August 14, 2008

NEW YORK, Aug. 7 /PRNewswire-FirstCall/ -- Fusion announced today that it plans to release financial results for the second quarter ended June 30, 2008, on August 14, 2008. Management has scheduled a conference call for 1:00 pm Eastern Time on August 14, 2008 to review the Company's second quarter results.

To listen to the conference call, please dial (877) 340-7912 at least five minutes before the scheduled start time. Investors can also access the call in a "listen only" mode via the Internet at the Company's website at http://www.fusiontel.com/. Please allow extra time prior to the call to visit the website and download the necessary software to listen to the Internet broadcast.

For interested individuals unable to join the conference call, a replay of the call will be available through Sunday, August 17, 2008, at (888) 203-1112 (domestic) or (719) 457-0820 (international), (Passcode: 9939374). The online replay of the conference call is available via webcast for one year following the call.

About Fusion:

Fusion delivers a full range of advanced IP-based services to corporations, consumers and carriers worldwide. Fusion's Efonica-branded VoIP products and services focus primarily on serving consumers in Asia, the Middle East, Africa, Latin America and the Caribbean. For more information please go to http://www.fusiontel.com/.

Statements in this Press Release that are not purely historical facts, including statements regarding Fusion's beliefs, expectations, intentions or strategies for the future, may be "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward-looking statements. Such risks and uncertainties include, among others, introduction of products in a timely fashion, market acceptance of new products, cost increases, fluctuations in and obsolescence of inventory, price and product competition, availability of labor and materials, development of new third-party products and techniques that render Fusion's products obsolete, delays in obtaining regulatory approvals, potential product recalls and litigation. Risk factors, cautionary statements and other conditions which could cause Fusion's actual results to differ from management's current expectations are contained in Fusion's filings with the Securities and Exchange Commission and available through http://www.sec.gov/.

FUSION Philip Turits CONTACT: 212-201-2407 pturits@fusiontel.com

Photo: http://www.newscom.com/cgi-bin/prnh/20050705/NYTU073LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Fusion

CONTACT: Philip Turits of Fusion, +1-212-201-2407,
pturits@fusiontel.com

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

Riverside Partners' Portfolio Company NDS Surgical Imaging Acquires Dome Imaging, the Medical Display Division of Planar Systems, Inc.

BOSTON and SAN JOSE, Calif., Aug. 7 /PRNewswire/ -- Riverside Partners, based in Boston, MA, is pleased to announce the acquisition and integration of Dome Imaging ("Dome"), the Medical Display Division of Planar Systems , into its existing portfolio company, NDS Surgical Imaging ("NDSsi").

NDSsi, based in San Jose, CA, is a market leading designer and manufacturer of medical visualization and informatics solutions for today's operative and interventional suites. The Company collaborates with the world's leading medical technology manufacturers, hospital centers, and clinicians to deliver high quality, forward-thinking medical imaging technologies.

Dome, with operations in the US, Europe and Asia, has a broad product line consisting of displays used for radiology and cardiology applications as well as orthopedic imaging and patient monitoring. The Company was a pioneer in diagnostic displays and currently enjoys a strong market position and brand identity with radiologists worldwide.

"We are extremely excited about the strategic fit between NDSsi and Planar's Medical Business Unit, Dome Imaging. We have been aware of Dome's stellar reputation for high quality medical displays and related technologies for a number of years. The management teams of both companies are highly compatible and the combined companies are poised for significant continued growth," said David Belluck, a General Partner at Riverside Partners and Chairman of the Board at NDSsi.

"Riverside has been instrumental in the acquisition of Dome Imaging and helped create the market leader in the United States medical visualization market. The combined engineering and product development capabilities will allow us to expand the range of surgical and diagnostic solutions provided to our customers," said John Murphy, President and CEO of NDSsi.

About Riverside Partners

Founded in 1989, Riverside Partners is a middle market private equity firm currently investing Riverside Fund III, L.P. The fund focuses on growth-oriented companies in the healthcare and technology industries. Riverside is particularly experienced at partnering with founders, owners and management teams and it brings substantial domain expertise and operating experience to its portfolio companies. The partners at Riverside have managed more than $500 million in investments in over 50 companies. We are currently focused on companies with revenues between $20 - $200 million and with $5 - $25 million of EBITDA.

About NDS Surgical Imaging

NDS Surgical Imaging (NDSsi) is a leading designer and manufacturer of medical visualization equipment for applications including surgical, radiology, and patient monitoring. Based in San Jose, CA, NDSsi is the market share leader in displays for minimally invasive surgical equipment.

About Planar Systems

Planar Systems, Inc. is a global leader of specialty display technology providing hardware and software solutions for the world's most demanding environments. Hospitals, space and military programs, utility and transportation hubs, shopping centers, banks, government agencies, businesses, and home theater enthusiasts all depend on Planar to provide superior performance when image experience is of the highest importance. Founded in 1983, Planar is headquartered in Oregon, USA, with offices, manufacturing partners, and customers worldwide.

Riverside Partners, LLC

CONTACT: Jon Lemelman, General Partner of Riverside Partners, LLC,
+1-617-351-2810, jlemelman@riversidepartners.com

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

Seven Summits Research Releases Alerts on PBR, BIDU, PCLN, WY, and WU

CHICAGO, Aug. 7 /PRNewswire/ -- Seven Summits Research issues PriceWatch Alerts for key stocks.

Seven Summits Strategic Investments' PriceWatch Alerts are available at

http://www.iotogo.com/s/080708A (Note: You may have to copy this link into your browser then press the [ENTER] key.)

Today's PriceWatch Alerts cover the following stocks: Petroleo Brasileiro , Baidu.com, Inc. , Priceline.com Inc. , Weyerhaeuser Co. , and Western Union Co. .

Along with our PriceWatch Alerts, these brief reports contain a concise market overview, economic calendar and current news leaders and laggards. PriceWatch Alerts include hedged trade ideas designed to potentially protect investors from unexpected market shifts. While other market reports only provide stock news, we offer strategies that hedge investments against uncertainty. Hedged trades increase your chances of making a profit, even if a stock goes down.

"Our PriceWatch Alerts go beyond other market reports. Along with a brief concise market overview, each PriceWatch Alert provides useful strategies, which ensure potential investments are protected with basic hedging techniques," says Reid Stratton, Seven Summits Senior Analyst. "This brief report contains information that can benefit expert and novice investors who want to stay ahead of the market."

For essential information on stocks poised to move go to:

http://www.iotogo.com/s/080708A for Seven Summits Strategic Investments' PriceWatch Alerts.

Seven Summits Investment Research is an independent investment research group, which focuses on the U.S. equities and options markets. Our analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best possible investment decisions. For more information go to

http://www.sevensummitsinvestmentresearch.com/. CRD# 137114

Discover 5 Top Energy Stocks. Oil prices have finally fallen from their highs, but the biggest profits are still to come. In his latest special investing report, Louis Navellier reveals the biggest profit-takers! Download your copy now & grab serious profits in the next 90 days! Click here for access to your free report.

http://investorplace.com/order/?pc=OP1104

All stocks and options shown are examples only -- not recommendations to buy or sell. Our picks do not represent a positive or negative outlook on any security. Potential returns do not take into account your trade size, brokerage commissions or taxes -- expenses that will affect actual investment returns. Stocks and options involve risk, thus they are not suitable for all investors. Prior to buying or selling options, a person should request a copy of Characteristics and Risks of Standardized Options available from Catherine at 800-698-9101 or at

http://www.cboe.com/Resources/Intro.aspx. Privacy policy available upon request.

Seven Summits Investment Research

CONTACT: Steve Blackbourniski of Seven Summits Investment Research,
+1-434-293-9100

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

NI and LEGO(R) Education Develop Low-Cost Robotics Platform for Elementary School StudentsPowered by LabVIEW, LEGO Education WeDo(TM) Brings Interactive, Hands-On Learning to Intel Classmate and One Laptop per Child XO Computers

AUSTIN, Texas, Aug. 7, 2008 /PRNewswire-FirstCall/ -- NIWeek -- National Instruments and LEGO Education continue their educational robotics collaboration with the new LEGO Education WeDo classroom robotics platform. Powered by NI LabVIEW graphical design software, LEGO Education WeDo Software is a drag-and-drop, icon-based environment that students ages 7 to 11 can use to easily program their own robotics inventions. Using WeDo software, students learn basic programming skills while designing their robotics applications.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080807/LATH503)

Teachers can incorporate the WeDo concept in a broad range of curriculum areas including science, technology, mathematics, language and literacy. When designing their robotics applications, students use creativity, teamwork and problem solving, which are crucial skills needed to compete in the global marketplace. WeDo software operates on the Intel Classmate PC running Windows XP, the One Laptop per Child XO running the Linux(R) OS, any PC supporting Windows XP or Windows Vista (32-bit) and any Mac running Apple Macintosh 10.5.

"LEGO Education is proud to continue our ongoing collaboration with National Instruments to provide students as young as seven years of age with a robotics product that actively involves them in their own learning process and promotes creative thinking, teamwork and problem-solving skills -- skills that are essential in the workplace of the 21st century," said Lars Nyengaard, director of innovation at LEGO Education. "By combining the intuitive and interactive interface of LEGO Education WeDo software with the physical experience of building models out of LEGO bricks, we can bridge the physical and virtual worlds to provide the ultimate hands-on, minds-on learning experience."

LEGO Education WeDo encourages teachers to issue curriculum-based challenges that students must solve. Working in teams, the children invent their own solutions by building LEGO models and programming them to perform certain tasks. Cause-and-effect learning is enhanced by the models remaining tethered to a computer; similar to scientists in working labs, children can test and adjust their programming in real time. After reflecting on what did and did not work, students can consult with peers, adapt programming, adjust models or begin again.

"National Instruments is passionate about educating and inspiring today's students to become engineers and scientists through hands-on, project-based learning," said Ray Almgren, vice president of academic relations at National Instruments. "Our collaboration with LEGO Education has leveraged the strength of both companies to deliver our third educational robotics toolset in the past 10 years."

The National Instruments collaboration with LEGO Education began in 1998 when ROBOLAB, the software powered by LabVIEW and developed by the Tufts University Center for Engineering Educational Outreach, was launched for the original LEGO MINDSTORMS(R) robotics software. In 2006, LEGO MINDSTORMS NXT, the current generation of LEGO robotics, was codeveloped by these companies to provide students with the latest hardware and software technology for building advanced, autonomous robotics.

LEGO Education WeDo will be available from LEGO Education in January 2009. For more information on WeDo software, readers can visit http://www.ni.com/wedo.

National Instruments in Academia

National Instruments (http://www.ni.com/) is committed to enhancing engineering and science education worldwide by providing educators and students with powerful graphical system design software and low-cost, modular hardware to connect curriculum with hands-on, project-based learning. NI LabVIEW graphical development software helps students visualize and implement important engineering concepts. The integration of LabVIEW in the classroom creates an effective, dynamic learning environment -- from LEGO Education WeDo in primary schools to research laboratories in universities. For more information about NI academic products, curriculum resources and discounts, visit http://www.ni.com/academic.

About The LEGO Group

The LEGO Group (http://www.lego.com/) is a privately held, family owned company, based in Billund, Denmark. It was founded in 1932 and today the group is one of the world's leading manufacturers of play materials for children, employing approximately 4,500 people globally. The LEGO Group is committed to the development of children's creative and imaginative abilities through its products, which can be purchased in more than 130 countries.

LabVIEW, National Instruments, NI, ni.com and NIWeek are trademarks of National Instruments. Linux(R) is the registered trademark of Linus Torvalds in the U.S. and other countries. Other product and company names listed are trademarks or trade names of their respective companies.

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

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

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080807/LATH503
http://www.newscom.com/cgi-bin/prnh/20080723/LAW030LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com National Instruments

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

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

AT&T U-verse TV Gears Up For Football Season With Yahoo! Sports Fantasy Football On AT&T U-barU-verse TV Customers Can Track Fantasy Teams, NFL Stats and Leaders With Latest U-bar Enhancements

DALLAS, Aug. 7 /PRNewswire-FirstCall/ -- Football fans who have U-verse TV now have a new way to enjoy all of this season's action. AT&T Inc. today announced the launch of Yahoo! (R) Sports Fantasy Football on AT&T U-verse(SM) TV. Sports fans can use the interactive AT&T U-bar to simply and conveniently track their fantasy football team and receive customized information on their favorite NFL teams directly on their U-verse TV.

AT&T U-bar is an interactive feature available to all U-verse TV customers that allows viewers to receive customized sports, weather, stock and traffic information on their U-verse TV screen. Yahoo! Sports Fantasy Football is one of several U-bar enhancements now available to U-verse TV customers at no extra charge.

"The popularity of fantasy sports is on the rise, and our customers will be able to stay up-to-date on their leagues and teams from the comfort of their couch, all while watching the big games," said G.W. Shaw, AT&T executive director of U-verse marketing. "Because of the powerful integration that Internet Protocol (IP) enables, we're able to bring your personalized fantasy sports and NFL information directly to your TV screen. You've got the games and the stats right at your fingertips. What more could a fan want?"

Football fans can set up their fantasy league and team preferences at http://football.fantasysports.yahoo.com/ by using their AT&T U-verse High Speed Internet master account. They can then automatically track the progress of their fantasy team -- including current team matchups and league standings -- directly from their TV screen through the AT&T U-bar.

Fantasy football enthusiasts can also purchase StatTracker(R), a real-time application that tracks player, team and league statistics, for $9.99 at http://football.fantasysports.yahoo.com/. StatTracker delivers snap-by-snap updates to users via AT&T U-bar, personal computers and mobile devices, allowing fans to track winning fantasy teams no matter where they are.

In addition to viewing their favorite team's scores, customers can now display even more personalized sports information through AT&T U-bar. During the NFL season, fans will be able to conveniently view up-to-date NFL game stats on their favorite teams, including the top passing, rushing and touchdown stats for each player and team; scoring logs with a brief description of how each score in the game was made and by which player; and NFL league leaders in receiving yards, tackles, touchdowns and more.

In addition to viewing AT&T U-bar at the bottom of the TV screen, customers can also now enjoy a full-screen version of their customizable weather, stock, sports and traffic information with the touch of a button. The AT&T U-bar also has an enhanced interface, with more navigation options to quickly access information while watching live programming.

Yahoo! Sports Fantasy Football is the latest interactive feature added to U-verse TV. AT&T has also rolled out NBC Olympics Interactive, a single on-screen location that offers the latest headlines, live Olympic Games programming, a medal tracker and bios of Team USA athletes; AT&T Online Photos from Flickr, which allows you to simply and conveniently browse the photos you've uploaded to flickr.com on your U-verse TV screen; YELLOWPAGES.COM TV, which lets you easily search for local businesses and other information via their TV screen; and AT&T Yahoo! Games.

AT&T is the only national provider to offer a 100 percent IP-based television service, making AT&T U-verse TV one of the most advanced television offerings available anywhere. AT&T is deploying next-generation video services, including AT&T U-verse TV, as part of its mission to connect people with their world, everywhere they live and work, and do it better than anyone else.

Customers who want additional information on AT&T U-verse TV -- or to find out whether it's available in their area -- can visit http://uverse.att.com/ or stop by the nearest AT&T retail location.

About AT&T

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

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

Yahoo! is the trademark and/or registered trademark of Yahoo! Inc.

AT&T Inc.

CONTACT: Jill Rountree of AT&T Inc., +1-210-352-6967,
jrountree@attnews.us

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

Comarex Adopts WWEBNET Broadcast Channel TechnologyHispanic Distributor to Utilize Secure Network for Immediate Transmission of Broadcast Programming via the World Wide Web

NEW YORK, Aug. 7 /PRNewswire-FirstCall/ -- Comarex S.A., one of the world's largest distributors of Spanish-speaking television and film content, as well as the exclusive distributor of programming worldwide for TV Azteca, and in Latin America for Studio 100, Bavaria Media, Mediaset Distribution and EM Entertainment, announced today that it is adopting the WWEBNET (Pink Sheets: WWEB) Broadcast System to instantly deliver broadcast quality film and television content to its international network of media customers.

Marcel Vinay, CEO of Comarex, said, "WWEBNET's ("World Wide Electronic Broadcast System") Broadcast System is a world-class software delivery platform where film and television programming, along with associated sales and marketing synopses, brochures and more, can be instantly sent in broadcast quality to all of our customers. WWEBNET provides Comarex with its own branded broadcast channel that is not only Fisher-Price(R) simple to use, but also improves the customer's screening experience."

Comarex, a leading digital content distribution company, has a 15 plus year history. The company has been on the forefront of the distribution and digital revolution, and is a leader in the implementation of new technologies in the entertainment industry. The WWEBNET software broadcast platform will enable Comarex to improve communication and delivery speed, as well as reduce costs associated with the distribution of broadcast quality television content. Comarex distributes more than 42,000 hours of content each year to more than 110 countries. Additionally, Comarex also operates and distributes Azteca International and Azteca Novelas in Latin America, Puerto Rico, Europe and Canada.

Robert Kelly, CEO of WWEBNET stated, "Since WWEBNET does not require anyone to visit a Web site to actually see a broadcast-quality film, the target marketing capabilities and potential of expanding broadcast network footprints are potentially exponential. WWEBNET delivers content right over the top of any cable, satellite, or digital delivery network, automatically and directly to a targeted device. Its secure private branded channel platform provides the perfect system for companies to improve communications, decrease costs and create the ultimate weapon against high-priced courier solutions, due in large part to high oil prices."

About Comarex

Comarex is a leading digital content distribution company. It has over 15 years experience, that has enabled it to be prepared for the evolution and new technologies in the entertainment industry. By offering content to traditional and new media we distribute each year more than 42,000 hours of content to more than 110 countries. Comarex's catalogue is composed of a wide selection of genre, such as: Telenovelas, Feature Films, Documentaries, Game-Shows, Sports, Children's Programming, News, Musical, Series, Reality Shows and mobile content. In addition to its content library, Comarex is the exclusive sales agent of production companies such as TV Azteca (worldwide) and in Latin America and Hispanic USA for Studio 100, Bavaria Media, Mediaset Distribution and EM Entertainment. Comarex team has great experience in creating and operating PAY TV channels. Currently it operates and distributes PAY TV channels, Azteca International and Azteca Novelas in Latin America, Puerto Rico, Europe and Canada.

About WWEBNET

WWEBNET ("World Wide Electronic Broadcast Network"), Inc. (Pink Sheets: WWEB) provides private and secure, client-branded, two-way communication broadcast and delivery systems, installed via a simple software download, to content owners and entertainment companies, worldwide. WWEBNET's direct B2B and B2C broadcast delivery systems deliver critical corporate and consumer information and content at a fraction of the cost of overnight couriers and land-based mail systems, replacing traditional delivery methods for shipping, or broadcasting, DVDs, CDs, films, television, music, training, educational, advertising agency graphics, photos, brochures and other critical corporate information. Headquartered in New York City, WWEBNET's software broadcasting technology delivers network-quality video and audio directly to PCs and portable devices, via the World Wide Web, regardless of line speed. With turnkey ecommerce, content and database management, as well as advertising systems integrated into the broadcast delivery system, WWEBNET clients acquire robust target marketing capabilities and regain control of their own consumer networks via the World Wide Web. For more information visit http://www.wwebnet.com/.

Certain statements contained in this press release issued by WWEBNET that are not historical facts are "forward-looking" statements and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements included in this press release are statements regarding the intent, belief, or current expectations, estimates or projections of the Company, its directors or its officers about the Company and the industry in which it operates and are based on assumptions made by the management of the Company. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When used in this press release, the words "believes," "potential," "capability" and similar expressions are generally intended to identify forward-looking statements. Important factors that could cause the actual results to differ materially from those in the forward-looking statements include, among other items, (i) changes in the regulatory and general economic environment; (ii) conditions in the capital markets, including the interest rate environment and the availability of capital; (iii) changes in the competitive marketplace that could affect the Company's revenue and/or cost and expenses, such as increased competition, lack of qualified marketing, management or other personnel, and increased labor and inventory costs; (iv) changes in technology or customer requirements, which could render the Company's technologies noncompetitive or obsolete; (v) new product introductions, product sales mix, and the geographic mix of sales. The Company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise. The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of future results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes and the effect of economic conditions.

CONTACT:

Alana@cayane.com

WWEBNET

CONTACT: Alana Schofield, +1-702-685-7437, Cell, +1-310-903-6817,
Alana@cayane.com

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

Fuwei Films to Announces Second Quarter 2008 Financial Results on August 14, 2008

Teleconference to be Held Friday, August 15, 2008, at 8:30 a.m. EDT

BEIJING, Aug. 7 /Xinhua-PRNewswire-FirstCall/ -- Fuwei Films (Holdings) Co. Limited (''Fuwei'' or ''the Company''), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that it will report the financial results for the second quarter and first six months of 2008 ended June 30, 2008, after the market closes on Thursday, August 14, 2008.

The Company will host a conference call, to be simultaneously Webcast, on Friday, August 15, 2008, at 8:30 a.m. Eastern Daylight Time, or 8:30 p.m. Beijing Time. A question-and-answer session will follow management's presentation. Mr. Xiaoan He (Chairman and Chief Executive Officer), Mr. Xiuyong Zhang (Chief Financial Officer) and Mr. Zhibing Qian (Senior Vice President) will be the primary speakers on the call.

To participate, please call the following numbers 10 minutes before the call start time:

Phone Number + 1 (877) 407-9205 (North America) Phone Number + 1 (201) 689-8054 (International)

A live Webcast of the conference call will be available on Fuwei's Website at http://www.fuweiholdings.com/ . Please visit the Website at least 15 minutes early to register for the Webcast and download any necessary audio software.

A replay of the call will be available through Sunday, August 23, 2008, at 11:59 p.m. EDT.

Please call: Phone Number +1 (877) 660-6853 (North America) Phone Number +1 (201) 612-7415 (International) Account Number: 286 Conference ID Number: 293428 About Fuwei Films

Fuwei Films conducts its business through its wholly owned subsidiary Shandong Fuwei Films Co., Ltd. Shandong Fuwei develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, otherwise known as BOPET film (biaxially oriented polyethylene terephthalate). Fuwei's BOPET film is widely used to package food, medicine, cosmetics, tobacco and alcohol, as well as in the imaging, electronics, and magnetic products industries.

For more information about the Company, please visit the Company's website at http://www.fuweiholdings.com/ .

Safe Harbor

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fiscaly disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward- looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

The forward-looking statements included in this press release are subject to risks, uncertainties and assumptions about our businesses and business environments. These statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual results of our operations may differ materially from information contained in the forward-looking statements as a result of risk factors some of which are include, among other things, competition in the BOPET film industry; growth of, and risks inherent in, the BOPET film industry in China; uncertainty as to future profitability and our ability to obtain adequate financing for our planned capital expenditure requirements; uncertainty as to our ability to continuously develop new BOPET film products and keep up with changes in BOPET film technology; risks associated with possible defects and errors in our products; uncertainty as to our ability to protect and enforce our intellectual property rights; uncertainty as to our ability to attract and retain qualified executives and personnel; and uncertainty in acquiring raw materials on time and on acceptable terms, particularly in view of the volatility in the prices of petroleum products in recent years.

For more information, please contact: In China: Christina He Investor Relations Manager Tel: +86-10-8518-5620 Email: fuweiIR@fuweifilms.com In the U.S.: Leslie Wolf-Creutzfeldt Investor Relations Grayling Global Tel: +1-646-284-9472 Email: lwolf-creutzfeldt@hfgcg.com

Fuwei Films (Holdings) Co. Limited

CONTACT: In China: Christina He, Investor Relations Manager, +86-10-
8518-5620, or fuweiIR@fuweifilms.com; In the U.S.: Leslie Wolf-Creutzfeldt,
Investor Relations of Grayling Global, +1-646-284-9472, or lwolf-
creutzfeldt@hfgcg.com

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

RADA Electronic Industries Ltd. has Received $1.5M Follow-on Production and Maintenance Orders

NETANYA, Israel, August 7 /PRNewswire-FirstCall/ -- RADA Electronic Industries Ltd. , announced today that it has recently received follow-on production and maintenance orders with total value exceeding $1,500,000 to deliver Video Recorders, Head Up Display Cameras, Ground Debriefing Stations and other products to various customers.

Deliveries are scheduled to start in Q4/2008 and to conclude within 12 months.

About RADA

RADA Electronic Industries Ltd. is an Israel based company involved in the military and commercial aerospace industries. The Company specializes in Avionics systems (Digital Video Recorders, Ground Debriefing Stations, Stores Management Systems, Flight Data Recorders, Inertial Navigation Systems), Trainers Upgrades, Avionics systems for the UAV market, and Electro optic cameras for airplanes and armored vehicles.

Note: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risk uncertainties and other factors include, but are not limited to, changes in general economic conditions, risks in product and technology developments, market acceptance of new products and continuing product demand, level of competition and other factors described in the Company's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission.

Company Contact: Dubi Sella (V.P Sales & Marketing) Tel: +972-9-892-1111 mrkt@rada.com

RADA Electronic Industries Ltd

CONTACT: Company Contact: Dubi Sella (V.P Sales & Marketing), Tel:
+972-9-892-1111, mrkt@rada.com

LivePerson to Present at Canaccord Adams Global Growth Conference

NEW YORK, Aug. 7 /PRNewswire-FirstCall/ -- LivePerson, Inc. , a provider of online engagement solutions that facilitate real-time assistance and expert advice, today announced that President and CFO Tim Bixby will present at the Canaccord Adams Global Growth Conference, to be held at the InterContinental Boston on Thursday, August 14, 2008. LivePerson's presentation will be held at 9:30 AM ET on August 14, and will include a review of the company's business strategy and historical financial results.

A webcast of LivePerson's presentation will be available at http://www.liveperson.com/ir /

About LivePerson

LivePerson is a provider of online engagement solutions that facilitate real-time assistance and expert advice. Connecting businesses and experts with consumers seeking help on the Web, LivePerson's hosted software platform creates more relevant, compelling and personalized online experiences. Every month, LivePerson's intelligent platform helps millions of people succeed online; more than 7,000 companies, including EarthLink, Hewlett-Packard, Microsoft, Qwest, and Verizon, rely on LivePerson to maximize the impact of the online channel. LivePerson is headquartered in New York City.

LivePerson, Inc.

CONTACT: Younjee Kim, +1-212-609-4222, ykim@liveperson.com of LivePerson,
Inc.

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

For the 15th Consecutive Quarter, Verizon Wireless Leads Industry in Customer Loyalty

BASKING RIDGE, N.J., Aug. 7 /PRNewswire/ -- For the 15th consecutive quarter, Verizon Wireless continued to lead the wireless industry in customer loyalty according to data released by the nation's largest wireless carriers over the past three weeks. Verizon Wireless, the leading wireless company with the most reliable wireless voice and data network, reported the lowest customer churn (turnover) in the second quarter of 2008.

Churn is the percentage of customers who leave their wireless carrier each month and is an important measure of customer loyalty. Second quarter financial performance announcements -- the latest was released today -- included the following customer churn rates (for postpaid and prepay customers):

Carrier Total Customers (Prepay and Postpaid) Postpaid Customers Verizon Wireless 1.1% 0.8% Carrier X 1.6% 1.1% Carrier Y N/A 2.0% Carrier Z 2.7% 1.9%

Verizon Wireless is committed to delivering outstanding customer satisfaction. Verizon Wireless offers a full range of products and services on the nation's most reliable wireless network and the largest and most reliable 3G network, and delivers the industry's best customer service -- online, over the phone and in-person -- to provide the best customer experience in wireless. In addition, the company has invested more than $45 billion -- on average $5.5 billion annually -- in its network since 2000 when the company was formed. In 2007, Verizon Wireless invested $6.5 billion to expand and advance its network.

For more information, visit http://www.verizonwireless.com/. About Verizon Wireless

Verizon Wireless

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

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

Playboy.com Reveals Fashionable Evolution of Speedo's Olympic Swimsuits[**Media Note: This feature is exclusively on Playboy.com. This pictorial is NOT a feature in Playboy magazine.]

NEW YORK, Aug. 7 /PRNewswire/ -- Playboy.com today launched a new pictorial featuring Playboy models wearing the most technologically advanced swimsuits, in celebration of the 2008 Summer Olympics. The new feature (http://www.playboy.com/swimsuits) reveals a 12-image slideshow of Speedo's official Olympic swimsuits over the past six games -- dating back to 1988 -- shot poolside at a fitness club in Chicago. The online images pay homage to the Olympic swimming competitions which run from August 9th through August 21st.

"Olympic swimmers are known for their beautiful, toned bodies which always are highlighted by their sleek suits," said John Thomas, Editor for Playboy.com. "We are excited about this unique opportunity to showcase Speedo's official Olympic swimsuits over the past decade, with the story behind the suits adding a new layer of interest about the victorious swimmers who wear them."

In the pictorial, the Speedo swimsuits are worn by Greenville, Michigan native Cassie Keller, 18, and Sharae Spears, 24, from Knoxville, Tennessee. Cassie is a Playboy "Special Editions" model who will be featured on the "College Girls" cover released on December 2nd and Sharae is the August 2008 Cyber Girl of the Month. The buoyant beauties wear the following swimwear: the Speedo Star Axcel (1988), Speedo S2000 (1992), Speedo Aquablade (1996), Fastskin Speedo (2000), Fastskin FSII (2004), and Speedo LZR Racer (2008).

Although both Playboy models wear the one-pieces, Sharae -- who sports the latest Speedo -- took almost 30 minutes to squeeze into hers, as also is the case for professional swimmers. This year's suit -- the Speedo LZR Racer -- which independent testing has shown to be the world's fastest, is the brand's most hydro-dynamically advanced swimsuit to date. The NASA-researched suit reduces drag while swimming and compresses the muscles to reduce fatigue. Since its February launch, 48 out of 50 world records set have been by swimmers wearing the LZR.

No stranger to the beauty of Olympic swimmers, Playboy magazine previously featured seven-time breaststroke medalist Amanda Beard who posed nude last July and 100-meter backstroke swimmer Haley Clark, also nude, in September 2004's "Women of the Olympics" cover story. Additionally included in this special issue were seven other Olympic athletes including U.S. pole-vaulter Mary Sauer and high-jumper Amy Acuff.

About Playboy Enterprises, Inc.

Playboy is one of the most recognized and popular consumer brands in the world. Playboy Enterprises, Inc. is a media and lifestyle company that markets the brand through a wide range of media properties and licensing initiatives. The company publishes Playboy magazine in the United States and abroad and creates content for distribution via television networks, websites, mobile platforms, DVD and radio. Through licensing agreements, the Playboy brand appears in more than 100 countries on a wide range of consumer products, entertainment locations and retail stores.

CONTACTS: Lisa Hagendorf Director of PR, Digital Media Playboy Enterprises, Inc. 212.261.4912 | Lhagendorf@playboy.com

Playboy Enterprises, Inc.

CONTACT: Lisa Hagendorf, Director of PR, Digital Media, Playboy
Enterprises, +1-212-261-4912, Lhagendorf@playboy.com

Web site: http://www.playboy.com/
http://www.playboy.com/swimsuits

Computer Meltdown? EMBARQ(R) Computer Consultants to the 'Rescue'EMBARQ offers phone and in-home computer support for EMBARQ(R) High-Speed Internet customers

OVERLAND PARK, Kan., Aug. 7 /PRNewswire-FirstCall/ -- Your computer is running slow, the screen goes black, you suspect you have a virus. What do you do? Now you can call EMBARQ for help.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060516/EMBARQLOGO)

EMBARQ(R) RescueIT(SM) (pronounced "rescue it") is a new service for EMBARQ(R) High-Speed Internet (HSI) customers that can provide comprehensive computer support on a wide variety of issues, such as computer hardware, software, home network installation, security and viruses, troubleshooting and repair. In addition to computer support, EMBARQ(R) RescueIT(SM) protection plan subscribers also receive regularly scheduled PC tune-ups, customer service that is not outsourced overseas, and a discount on in-home computer support if needed.

"EMBARQ has always provided free technical support for our High-Speed Internet service, but recently customers have asked us for support beyond our traditional service to include problems with their PCs," said Dan Alcazar, Consumer Marketing Officer at EMBARQ. "RescueIT(SM) can enhance the time spent online by providing customers with the professional support they need to keep their computers operating efficiently."

EMBARQ tested its computer support service by first offering it to HSI customers in Florida and New Jersey. Many EMBARQ(R) customers provided positive feedback on the service.

"I tried using a computer repair service and software to eliminate a virus I had on my computers but they only made the problem worse. I then called EMBARQ and they instantly took away my frustration. They were courteous, helpful and eliminated the viruses in no time. I couldn't believe how good they were. I can't say enough good things about EMBARQ's computer support service," said Robert Tugman from Arcadia, Fla.

"I was having trouble with my computer and called some other support services. They said it couldn't be fixed. I then called EMBARQ and it didn't take the technician long to fix the problem. I highly recommend EMBARQ to everyone," said H.D. Shinn, EMBARQ(R) customer from Minneola, Fla.

Customers who are interested in phone support can choose the $14.95 per month protection plan with unlimited support for one computer. Or, customers can pay as they go for $99.99 per incident. If in-home support is needed, protection plan customers will be charged a simple, flat rate of $149.99 per visit. Non-plan customers will be charged $199.99 per visit for in-home service. Additional computer services can also be added to your in-home visit for just $49.99 per service.

For more information on EMBARQ(R) RescueIT(SM), go to embarq.com/rescueit.

EMBARQ(R) High-Speed Internet service is part of the company's innovative portfolio of products which also includes home phone service, long distance and satellite TV from DISH Network(R).

About EMBARQ

Embarq Corporation , headquartered in Overland Park, Kansas, offers a complete suite of communications services. The company has approximately 18,000 employees and operates in 18 states. EMBARQ is included in the S&P 500 and is in the Fortune 500(R) list of America's largest corporations.

For consumers, EMBARQ offers an innovative portfolio of services that includes reliable local and long distance home phone service, high-speed Internet, wireless, and satellite TV from DISH Network(R) -- all on one monthly bill.

For businesses, EMBARQ has a comprehensive range of flexible and integrated services designed to help businesses of all sizes be more productive and communicate with their customers. This service portfolio includes local voice and data services, long distance, Business Class High Speed Internet, wireless, satellite TV from DIRECTV(R), enhanced data network services, voice and data communication equipment and managed network services.

For more information, visit embarq.com.

Photo: http://www.newscom.com/cgi-bin/prnh/20060516/EMBARQLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com Embarq Corporation

CONTACT: Stephanie Meisse of Embarq Corporation, +1-419-755-8433,
stephanie.n.meisse@embarq.com

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

NVIDIA Announces Kyle Busch, #1 Point Leading NASCAR Driver, to Appear at NVISION 08

SANTA CLARA, Calif., Aug. 7 /PRNewswire-FirstCall/ -- NVIDIA today announced that point leading NASCAR race car driver, Kyle Busch, will speak at NVISION(R) 08, the three-day visual computing mega-event. One of NASCAR's youngest and most talented racers, Busch has established himself as the driver to beat in 2008, leading the season in NASCAR point standings and driver rating, and winning seven races so far.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080807/AQTH035) (Logo: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO)

"We're extremely pumped to have Kyle speak at NVISION," said Rob Csongor, vice president of corporate marketing, NVIDIA. "I think many people may not be aware of all the ways visual computing intersects a phenomenon like NASCAR. From video games, to how the cars are designed, to the professional simulations the drivers use to tune up between races, to the graphics overlay on the NASCAR race television broadcasts, visual computing plays many amazing enabling roles in NASCAR. Whether you're a NASCAR race fan or not, I think NVISION attendees will find Kyle's session to be a 'must see' event."

About NVISION 08

Taking place on August 25-27, 2008 in San Jose, California, NVISION 08 is a three-day mega-event for professionals and enthusiasts who are passionate about visual computing. Thousands of engineers, designers, developers, researchers, artists, enthusiasts, gamers, film makers, business professionals, and consumers from around the world are expected to attend. Registration for NVISION 08 conference is now open at: http://www.amireg.com/nvision08/intro.html.

About NVIDIA

NVIDIA is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices. NVIDIA serves the entertainment and consumer market with its GeForce(R) products, the professional design and visualization market with its Quadro(R) products, and the high-performance computing market with its Tesla(TM) products. NVIDIA is headquartered in Santa Clara, California, and has offices throughout Asia, Europe, and the Americas. NVIDIA's inaugural NVISION 08 conference will be held August 25-27, 2008 in San Jose, California. For more information, visit http://www.nvidia.com/ and http://www.nvision2008.com/.

Certain statements in this press release including, but not limited to, statements as to: the benefits, uses, impact and capabilities of visual computing; and the events and attendees of the NVISION 08 conference are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: rescheduling or cancellation of the NVISION 08 conference events; the development of technology; the impact of competition and our competitors' products and technologies as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission including its Form 10-Q for the fiscal period ended April 27, 2008. Copies of reports filed with the SEC are posted on our website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

Copyright (C) 2008 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, NVISION, GeForce, Quadro, and Tesla are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and/or other countries. All other company and/or product names may be trade names, trademarks, and/or registered trademarks of the respective owners with which they are associated.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080807/AQTH035
http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN9
PRN Photo Desk, photodesk@prnewswire.com NVIDIA

CONTACT: Hector Marinez of NVIDIA Corporation, +1-408-486-3443,
hmarinez@nvidia.com; or Suraya Akbarzad of OutCast Communications,
+1-415-392-8282, suraya@outcastpr.com, for NVIDIA

Web site: http://www.nvidia.com/
http://www.nvision2008.com/

NVIDIA Announces NVISION 08 Keynote LineupNVIDIA CEO Jen-Hsun Huang to Kick Off NVISION on Monday, August 25; NBC11 Technology and Business Television Personality, Scott Budman, to Host Second Day Keynote with Celebrity Guests; Special Effects Experts Jamie Hyneman and Adam Savage to Present at Third Day Closing Session

SANTA CLARA, Calif., Aug. 7 /PRNewswire-FirstCall/ -- NVIDIA today provided details on the exciting keynote sessions lined up for the NVISION(R) 08 conference. Taking place on August 25-27, 2008 in San Jose, California, NVISION 08 is a three-day mega-event for professionals and enthusiasts who are passionate about visual computing. The keynotes will be held at the San Jose Center for the Performing Arts and are open to all registered attendees.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080605/AQTH027 ) (Logo: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO )

NVISION 08 will open on Monday, August 25 at 1:00 p.m. with a keynote address by Jen-Hsun Huang, CEO and president of NVIDIA. Mr. Huang will discuss and demonstrate innovation in the field of visual computing. His presentation will highlight content from today's leading-edge designers, scientists, researchers, and creative professionals. Special guests during Mr. Huang's presentation will include Jeff Han, the guru of multi-touch display technology (and one of Time Magazine's 100 Most Influential People of the World), and actress Tricia Helfer of Battlestar Galactica and Burn Notice, who will illustrate how visual computing has impacted the television and film industry.

On Tuesday, August 26 at 9:00 a.m., NBC 11's Scott Budman, accomplished technology and business reporter, will conduct a series of 1:1 interviews with remarkable people who have unique perspectives on visual computing and how it impacts our lives, from design, art, and entertainment to sports and space exploration. Special guests include Bernard Charles, CEO of Dassault Systemes; Eileen Collins, former NASA space shuttle commander; Lorne Lanning, film director and founder of Oddworld; and Kyle Busch, NASCAR racing sensation.

The NVISION 08 conference will close on Wednesday, August 27 at 3:00 p.m. with a unique performance by special effect experts and television personalities Jamie Hyneman and Adam Savage, who are best known for their work in the hit television series, MythBusters.

About NVISION 08

About NVIDIA

Certain statements in this press release including, but not limited to, statements as to: the field of visual computing; and the events and attendees of the NVISION 08 are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: rescheduling or cancellation of the NVISION 08 events; the development of technology; the impact of competition and our competitors' products and technologies as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission including its Form 10-Q for the fiscal period ended April 27, 2008. Copies of reports filed with the SEC are posted on our website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward- looking statements to reflect future events or circumstances.

For further information, contact: Hector Marinez Suraya Akbarzad NVIDIA Corporation OutCast Communications (408) 486-3443 (415) 392-8282 hmarinez@nvidia.com suraya@outcastpr.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080605/AQTH027
http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com NVIDIA

CONTACT: Hector Marinez of NVIDIA Corporation, +1-408-486-3443,
hmarinez@nvidia.com; or Suraya Akbarzad of OutCast Communications,
+1-415-392-8282, suraya@outcastpr.com

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

Agilysys Reports Summary Unaudited Fiscal 2009 First-Quarter Financial Information-- First-Quarter Revenue Increases 43.4% to $184.1 Million-- Company Eliminates Approximately $14 Million in Net Expenses

BOCA RATON, Fla., Aug. 7 /PRNewswire-FirstCall/ -- Agilysys, Inc. , a leading provider of innovative IT solutions, today announced certain fiscal 2009 unaudited first-quarter summary financial information for the period ended June 30, 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030915/AGLSLOGO ) First-Quarter Results of Operations

Revenue for the first quarter increased 43.4% to $184.1 million, compared with $128.4 million in the first quarter of fiscal 2008. Organic revenue was $120.2 million, a decrease of 4.9% compared with the first quarter of fiscal 2008. Revenue from the company's acquisitions of Innovativ, InfoGenesis, Eatec and Triangle ("Acquisitions") contributed $63.9 million, or 34.7% of revenue.

Fiscal 2009 first-quarter revenue from hardware products was $132.4 million, up 45.5%, compared with $91.0 million a year ago. Software revenue was $17.7 million, up 42.7% from $12.4 million a year ago. Services revenue was $34.1 million, up 36.4% from $25.0 million a year ago.

Gross profit for the first quarter was $48.6 million, or 26.4% of revenue, compared with $32.3 million, or 25.2% of revenue, for the first quarter of fiscal 2008. The increase was due to higher selling margins in the company's technology solutions segment and higher proprietary services sales in the quarter compared with the prior-year period.

Selling, general and administrative (SG&A) expenses for the first quarter were $57.3 million, or 31.1% of revenue, compared with $37.6 million, or 29.3% of revenue, an increase of $19.7 million compared with the prior-year period. Acquisitions accounted for $14.4 million in incremental SG&A expenses. Depreciation and amortization for the quarter was $6.9 million, compared with $1.8 million a year ago. Also, included in the fiscal 2009 first quarter was in excess of $0.5 million of unanticipated expense associated with the costs of additional communications with our shareholders and exploring strategic alternatives.

The fiscal 2009 first-quarter results includes a restructuring charge of $23.1 million, of which $2.5 million is related to severance costs associated with the previously announced cost reduction plan, and $20.6 million is related to the write-off of goodwill and intangible assets associated with The CTS Corporations, which was acquired in May 2005.

Operating loss for the first quarter was $31.8 million compared with a loss of $5.3 million in the first fiscal quarter of 2008. The increase in operating loss of $26.5 million from fiscal 2008 is attributable to increased gross margin of $16.3 million offset by the restructuring charge of $23.1 million and increased SG&A of $19.7 million.

"Our hospitality and retail solutions businesses continue to perform well in the current economic environment," said Arthur Rhein, chairman, president and chief executive officer of Agilysys. "Although weak demand for IT products and services continues, our technology solutions sales were disappointing and did not meet expectations. We saw a number of projects with large customers delayed and we dealt with disruptions caused by the restructuring of the business."

Magirus

As previously announced on June 2, 2008, in the company's fourth quarter earnings release, Agilysys recorded material other income during fiscal year 2008 resulting from its 20% ownership interest in Magirus AG, a privately held enterprise computer systems distributor headquartered in Germany. Since financial information associated with the company's proportionate share of gains and losses reported by Magirus remain unaudited and unconfirmed, Agilysys is currently unable to complete preparation of its consolidated financial statements for the year ended March 31, 2008.

Due to these open accounting matters related solely to the company's minority investment in Magirus, Agilysys is reporting summary financial information which is unaudited. When the audit of Agilysys' share of Magirus' income and losses is complete, the company will file its financial statements for all applicable periods with the SEC.

Hospitality Solutions Group

In the first quarter of fiscal 2009, the Hospitality Solutions Group (HSG) recorded revenue of $24.8 million, up 85.1% compared with $13.4 million in the first quarter of fiscal 2008. A total of $13.2 million, or 53.2% of revenue, came from the acquisitions of InfoGenesis, Eatec and Triangle, a UK-based reseller and specialist for InfoGenesis products and services, which was acquired in April 2008.

Depreciation and amortization for HSG was $1.3 million in the first quarter of fiscal 2009, compared with $0.3 million in the first quarter of fiscal 2008. Included in the first quarter of fiscal 2009 was $1.0 million of depreciation and amortization attributable to the acquisitions.

Operating income was $1.8 million in the first quarter for HSG, compared with $1.6 million a year ago. Operating income margin was 7.3%, compared with 11.9% a year ago.

Current quarter operating income includes $1.1 million of development costs associated with HSG's development of Guest360(TM), which were $0.8 million higher than in the first quarter of fiscal 2008. Guest360 is HSG's next-generation property management solution, and was recognized as 'Best New Technology' at HITEC 2007. The company plans to complete development and launch Guest360 in fiscal 2010. The product is on target for beta testing this year with a 250-room, upscale property in Tennessee.

Excluding development costs associated with Guest360 operating income would have been $2.9 million, or 11.7% of revenue.

Retail Solutions Group

In the first quarter of fiscal 2009, the Retail Solutions Group (RSG) recorded revenue of $37.5 million, representing an increase of 84.7% compared with $20.3 million in the same quarter a year ago. RSG had double-digit revenue growth in hardware, software and services.

Operating income was $3.8 million in the first quarter of fiscal 2009, compared with $1.1 million in the first quarter of fiscal 2008. Operating income margin was 10.1%, compared with 5.4% in the first quarter of fiscal 2008. Expansion of operating income margin was due to economies of scale and a higher volume of proprietary services.

Technology Solutions Group

In the first quarter of fiscal 2009, the Technology Solutions Group (TSG) recorded revenue of $121.8 million, up 28.6%, compared with $94.7 million in the first quarter of fiscal 2008. The company's acquisition of Innovativ contributed $50.7 million to quarterly revenue. Organic revenue declined by almost 25% year-over-year. Continued weak demand for IT products and services, disruptions caused by the restructuring of the business and the purchasing patterns of our largest customers, many of whom this year are deferring large purchases to the back half of the year, resulted in disappointing performance for our Technology Solutions Group.

Depreciation and amortization for TSG was $4.4 million in the first quarter of fiscal 2009, compared with $0.5 million in the first quarter of fiscal 2008. The increase in depreciation and amortization is due to intangible amortization associated with the acquisition of Innovativ.

Operating loss was $1.1 million in the first quarter of fiscal 2009, compared with operating income of $3.0 million a year ago.

Corporate

Depreciation and amortization was $1.1 million in the first quarter of fiscal 2009, compared with $0.8 million in the first quarter of fiscal 2008.

Operating loss was $36.3 million in the first quarter of fiscal 2009. Included in operating loss is $1.7 million of stock compensation expense compared with $1.8 million in the prior year. In addition, the company incurred in excess of $0.5 million of unanticipated expense associated with the cost of additional communications with our shareholders and exploring strategic alternatives.

Also reported in the quarter was a restructuring charge of $23.1 million, of which $2.5 million is related to severance costs associated with the company's cost reduction plan, and $20.6 million is related to the write-off of goodwill and intangible assets associated with the acquisition of The CTS Corporations. Excluding restructuring charges in the quarter, corporate operating loss would have been $13.2 million compared with a loss of $11.0 million in the first quarter of fiscal 2008. The increase in corporate segment losses is primarily due to higher employee benefit expenses, professional fees and costs associated with exploring strategic alternatives.

Cost Reductions

As previously announced in its fourth-quarter earnings release on June 2, 2008, the company conducted a detailed review of its businesses to identify opportunities to improve operating efficiencies and reduce costs. The majority of the costs eliminated are compensation and other employee-related expenses. As of June 30, 2008, the company had executed on its cost savings plan and expects to realize the benefits starting in the second quarter.

The combination of these actions is expected to result in the company meeting its previously announced annual cost reduction goal disclosed on June 2, 2008.

Business Outlook

"Given the current uncertain economic environment, we have conducted a review of the prospects for our businesses for this fiscal year. While projects and purchases have been delayed and/or reduced in scope, our customers are not canceling projects," said Rhein. "Our largest customers still expect to procure product consistent with expectations provided earlier in this fiscal year, with many customers deferring large purchases to the back half of our fiscal year."

The company expects fiscal 2009 revenue to be between $860 million and $900 million, however, achieving the high end of the range will be more difficult and is largely dependant on TSG customers making purchases consistent with current expectations. Full-year gross margin is still expected to be approximately 24.5% to 25.0%.

The company expects SG&A to be approximately $210 million to $213 million excluding restructuring charges but including stock compensation expense of $5.4 million and depreciation and amortization of approximately $27.0 million. The company plans continued investments in the Hospitality Solutions Group's launch of Guest360, which is estimated to cost approximately $4.1 million, of which $3.1 million is forecast to be expensed.

Given the open accounting matters related solely to the company's minority investment in Magirus, it is difficult to provide guidance for earnings from continuing operations at this time. When the audit of Agilysys' share of Magirus income and losses is complete, the company will provide guidance for earnings from continuing operations.

Capital expenditures are estimated to be $8 to $10 million for the year.

The company's continued wide range on guidance reflects the current uncertainty around the macroeconomic environment and anticipated demand for TSG products later in the fiscal year. The company will revise guidance as the year unfolds and our customers' IT spending becomes clearer.

Conference Call Information

A conference call to discuss the first quarter results is scheduled for 11 a.m. ET on Thursday, August 7, 2008. The conference call will be broadcast live over the Internet and the call will be archived on the investor relations page of the company's Web site: http://www.agilysys.com/ .

Forward-Looking Language

Portions of this release, particularly the statements made by management and those that are not historical facts, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current assumptions and expectations, and are subject to risks and uncertainties, many of which are beyond the control of Agilysys. Many factors could cause the actual results of Agilysys to differ materially from those anticipated by the forward-looking statements. These factors include those referenced in the Annual Report on Form 10-K or as may be described from time to time in Agilysys subsequent SEC filings.

Potential factors that could cause actual results to differ materially from those expressed or implied by such statements include, but are not limited to, those relating to Agilysys long-term financial goals, anticipated revenue gains, sales volume, margin improvements, cost savings, capital expenditures, depreciation and amortization, and new product introductions.

Other associated risks include geographic factors, political and economic risks, the actions of Agilysys competitors and vendors, changes in economic or industry conditions in the markets served by Agilysys, the ability to appropriately integrate and derive performance from acquisitions, strategic alliances, and joint ventures, and the ability of the company to identify and complete a strategic transaction.

In addition, this release contains time-sensitive information and reflects management's best analysis only as of the date of this release. Agilysys does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Information on the potential factors that could affect Agilysys actual results of operations is included in its filings with the SEC, including, but not limited to, its Annual Report on Form 10-K for the fiscal year ended March 31, 2007. Interested persons can obtain it free at the SEC's Web site, http://www.sec.gov/ .

About Agilysys, Inc.

Agilysys is a leading provider of innovative IT solutions to corporate and public-sector customers, with special expertise in select markets, including retail and hospitality. The company uses technology - including hardware, software and services - to help customers resolve their most complicated IT needs. The company possesses expertise in enterprise architecture and high availability, infrastructure optimization, storage and resource management, identity management and business continuity; and provides industry-specific software, services and expertise to the retail and hospitality markets. Headquartered in Boca Raton, Fla., Agilysys operates extensively throughout North America, with additional sales offices in the United Kingdom and China. For more information, visit http://www.agilysys.com/ .

Investor contact: Martin Ellis Executive Vice President, Treasurer, and Chief Financial Officer Agilysys, Inc. 561-999-8780 martin.ellis@agilysys.com Media contact: Shawn Turner Communications manager Agilysys, Inc. 440-519-8627 shawn.turner@agilysys.com AGILYSYS, INC. SELECTED FINANCIAL DATA (Unaudited) Three Months Ended June 30 (In thousands, except share and per share data) 2008 2007 Net sales Products $150,083 $103,402 Services 34,059 24,961 Total net sales 184,142 128,363 Cost of goods sold Products 124,472 89,791 Services 11,039 6,256 Total cost of goods sold 135,511 96,047 Gross margin 48,631 32,316 Selling, general and administrative expenses 57,339 37,623 Restructuring charges 23,063 26 Operating loss (31,771) (5,333) Depreciation and amortization 6,938 1,762 Weighted average shares outstanding Basic 22,536,508 31,390,260 Diluted 22,536,508 32,304,529 Cash dividends per share $0.03 $0.03 As of June 30 March 31 2008 2008 Current Assets Cash and cash equivalents $29,509 $70,596 Accounts receivable, net 164,243 179,144 Inventories, net 18,227 19,270 Deferred income taxes 3,408 647 Prepaid expenses and other current assets 3,292 3,056 Income tax receivable 5,661 7,194 Accrued income tax benefit (expense) 11,895 (3,285) Assets of discontinued operations - current 866 369 Total current assets $237,101 $276,991 Current liabilities Accounts payable $66,733 $98,641 Floor plan financing 41,753 14,552 Deferred revenue 13,215 16,232 Accrued and other current liabilities 24,467 58,497 Liabilities of discontinued operations - current 615 610 Total current liabilities $146,783 $188,532

The following table presents segment profit and related information for each of the company's reportable segments for the three months ended June 30:

2008 2007 Hospitality Total revenue $24,871 $13,413 Elimination of intersegment revenue (39) (63) Revenue from external customers $24,832 $13,350 Gross margin $15,357 $8,265 61.8 % 61.9 % Depreciation and Amortization $1,331 $303 Operating income $1,798 $1,635 Retail Total revenue $37,637 $20,410 Elimination of intersegment revenue (168) (70) Revenue from external customers $37,469 $20,340 Gross margin $8,205 $5,152 21.9 % 25.3 % Depreciation and Amortization $88 $103 Operating income $3,795 $1,078 Technology Total revenue $123,605 $96,828 Elimination of intersegment revenue (1,764) (2,155) Revenue from external customers $121,841 $94,673 Gross margin $23,292 $17,301 19.1 % 18.3 % Depreciation and Amortization $4,446 $549 Operating (loss) income $(1,110) $2,992 Corporate / Other Revenue from external customers $. $. Gross margin $1,777 $1,598 Depreciation and Amortization $1,073 $807 Operating loss $(36,254) $(11,038) Consolidated: Total revenue $186,113 $130,651 Elimination of intersegment revenue (1,971) (2,288) Revenue from external customers $184,142 $128,363 Gross margin $48,631 $32,316 26.4 % 25.2 % Depreciation and Amortization $6,938 $1,762 Operating loss $(31,771) $(5,333)

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030915/AGLSLOGO
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PRN Photo Desk, photodesk@prnewswire.com Agilysys, Inc.

CONTACT: Investors, Martin Ellis, Executive Vice President, Treasurer,
and Chief Financial Officer, +1-561-999-8780, martin.ellis@agilysys.com, or
Media, Shawn Turner, Communications manager, +1-440-519-8627,
shawn.turner@agilysys.com, both of Agilysys, Inc.

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

Hardinge Inc. Announces Second Quarter ResultsHighlights:- Orders increase by 17.8% for the second quarter compared to 2007, excluding foreign currency translation- Total orders were $109.4 million for the quarter, up from $86.0 million in 2007- The Company entered into a new five-year $100 million multi-currency secured credit facility- Richard L. Simons was elected President, CEO and a member of the Board of Directors effective May 22, 2008- The Company appointed Michael J. Hillock as Vice President of Sales and Marketing to lead its global marketing efforts

ELMIRA, N.Y., Aug. 7 /PRNewswire-FirstCall/ -- Hardinge Inc. , a leading international provider of advanced material-cutting solutions, today reported net sales of $96.6 million for the second quarter of 2008, up 7.6% in comparison to $89.7 million for the second quarter of 2007. Year to date sales increased by 3.1% compared with 2007.

Net income for second quarter 2008 was $0.45 million, or $0.04 per diluted and basic share, compared to net income of $6.0 million, or $0.57 per diluted and basic share for the prior year. The Company had a net loss through June 30, 2008 of $0.28 million, or $0.02 per diluted and basic share, compared to net income of $11.3 million, or $1.18 per diluted share for the prior year.

Company results were negatively impacted by $1.9 million in severance costs, $0.3 million related to legal entity restructuring, and $0.3 million related to increased reserves for uncertain tax positions. Excluding these items, net income for the three and six months ended June 30, 2008 was $2.9 million or $0.26 per diluted and basic share and $2.2 million or $0.19 per diluted and basic share, respectively.

"We are encouraged with the positive improvement in results compared to the past two quarters, but recognize additional improvements are necessary. We have also initiated a number of actions during the second quarter which better position Hardinge to compete in the global marketplace," said Richard L. Simons, President and Chief Executive Officer. "We increased our financial strength and flexibility by entering into a new multi-currency credit facility which provides the ability to borrow in a variety of currencies and jurisdictions. With more than two-thirds of Company revenue originating outside of the US, our new credit facility enhances our ability to respond to global opportunities. Our global sales and operational diversity continues to provide good future prospects for our Company. In addition, we continue to adjust our product distribution channels and build our direct sales capabilities."

Mr. Simons continued, "Our product offering, strong brand names, people, and global presence in manufacturing, engineering and distribution provide us with great opportunities going forward. Our management team is committed to strengthening our business through the following action plans:

-- Simplifying our operations in areas where we have become unnecessarily complex

-- Focusing our resources on the most promising products, markets and projects

-- Developing more disciplined processes to enhance the speed and efficiency of decision making

-- Becoming a truly global company with employees and partners around the world working in the most collaborative way

-- Intensifying our efforts to develop opportunities in China and other growth countries

We believe that concentration on these initiatives will allow us to make meaningful improvements in our long term financial performance."

Orders for the second quarter of 2008 increased by $23.3 million, or 27.1%, to $109.4 million, compared to $86.0 million for the same period in 2007. The $109.4 million in orders represents the largest one-quarter total in Company history. Foreign currency exchange rates favorably impacted new orders by approximately $8.0 million and $13.8 million for the three and six months ended June 30, 2008 compared to the same periods in 2007.

The following table summarizes orders by geographical region for the three and six months ended June 30, 2008 compared to the same periods in 2007:

Three Months Ended Six Months Ended June 30, June 30, (U.S. dollars in thousands) Orders from Customers in: 2008 2007 % Change 2008 2007 % Change North America $31,761 $25,014 27.0 % $57,459 $59,009 (2.6)% Europe 56,118 40,455 38.7 % 99,466 85,808 15.9 % Asia & Other 21,478 20,539 4.6 % 45,552 36,759 23.9 % $109,357 $86,008 27.1 % $202,477 $181,576 11.5 %

The increase in North American orders was due to a significant order for $6.0 million. Excluding that individual order, performance was even with the prior year quarter. On a year to date basis, the 2.6% decline in orders can be attributed to the realignment of the company's sales channels and the related time required to gain traction within the marketplace. With a softening in UK markets, European orders in the quarter were driven primarily by continued strong market demand in Continental Europe, especially orders for our grinding product lines. Asia & Other orders increased by approximately $0.9 million or 4.6% in the second quarter of 2008 versus the same quarter in 2007. This increase was driven by a double-digit percentage growth in China offset by declines in other parts of the region. On a year to date basis, orders increased primarily due to growth in China.

Net sales for the three months ended June 30, 2008 were $96.6 million; an increase of $6.9 million or 7.6% compared to $89.7 million for the three months ended June 30, 2007. Virtually all of the increase can be attributed to the translation of foreign subsidiary financial statements into US dollars. Net sales for the six months ended June 30, 2008 were $182.2 million; an increase of $5.5 million or 3.1% compared to the six months ended June 30, 2007. Excluding approximately $12.2 million sales increase due to translation, overall sales year to date declined by 3.8%.

The following table summarizes the Company's sales by geographical region for the three and six month periods ended June 30, 2008 and 2007, respectively:

Three Months Ended Six Months Ended June 30, June 30, (U.S. dollars in thousands) Sales to Customers in: 2008 2007 % Change 2008 2007 % Change North America $30,549 $32,813 (6.9)% $59,105 $60,593 (2.5)% Europe 44,753 38,381 16.6 % 82,316 79,644 3.3 % Asia & Other 21,263 18,516 14.8 % 40,743 36,439 11.8 % $96,565 $89,710 7.6 % $182,164 $176,676 3.1 %

The decrease in North American net sales for the quarter and year to date are primarily a result of the transition issues related to the development of a direct sales channel, and generally slow business conditions driven by declining consumer confidence. Net sales in Europe increased as a result of continued high levels of grinding product demand, stable demand in Europe for milling and turning products, and the favorable effects of foreign currency translation. Net sales to customers in Asia & Other increased by $2.7 million or 14.8%. This was primarily driven by a 22.3% increase in China.

Gross profit for the second quarter was $30.3 million, an increase of 3.5% in comparison to $29.3 million for the prior year quarter. Gross profit year to date was $55.4 million down 3.2% in comparison to the prior year. The increased gross profit is primarily due to the increased sales levels, and the strengthening of foreign currencies relative to the U.S. dollar; offset by increased product costs and lower capacity utilization in the US and Taiwan. The gross margin percentage for the second quarter was 31.4% of net sales, a reduction of 120 basis points in comparison to 32.6% for the prior year quarter.

Selling, general and administrative (SG&A) expenses were $28.0 million, or 29.0% of net sales for the three months ended June 30, 2008, an increase of $6.6 million or 31% compared to $21.4 million or 23.8% of net sales for the three months ended June 30, 2007. The increase of $6.6 million is primarily attributable to: $1.9 million in severance costs in the US and UK, $0.3 million related to the legal entity restructuring of businesses in Europe and Asia, and $2.0 million resulting from the translation of foreign subsidiary financial statements in to US dollars. The balance was primarily a result of increased sales and marketing expenses for direct sales channels and trade show expenses incurred in the quarter. SG&A expenses were $51.4 million or 28.3% of net sales for the six months ended June 30, 2008, compared to $41.0 million or 23.2% of net sales for the six months ended June 30, 2007. The $10.4 million increase on a year to date basis was a result of $2.2 million of one-time expenses recorded in the current quarter, $3.5 million impact of translating foreign subsidiary financial statements into US dollars, and increased sales and marketing expenses in the company's direct sales channels.

The provision for income taxes was $1.6 million for the three and six months ended June 30, 2008, compared to $2.0 million and $4.4 million for the three and six months ended June 30, 2007. The effective tax rate was 78.5% and 122.0% for the three and six months ended June 30, 2008, compared to 25.2% and 27.8% for same periods in 2007. These differences are due to the mix of earnings by country, non-recognition of tax benefits for certain entities in a loss position for which a full valuation allowance has been recorded, the benefit of the completion of the qualifying hedge contract of $0.6 million, and an increase in the amount of reserves for uncertain tax benefits of $0.3 million. The Company expects the 2008 effective tax rate to be in the range of 39% to 41% excluding discrete items, which would have a 1.5% unfavorable impact on the effective tax rate.

Multi-Currency Secured Credit Facility

The Company entered into a new five-year $100 million multi-currency secured credit facility on June 13, 2008, which replaced a secured credit facility due to mature January 2011 as well as several other credit facilities in place in our foreign subsidiaries. This new facility will allow the Company and its wholly owned subsidiaries to borrow in a variety of currencies and jurisdictions. The agreement provides for a revolving loan facility allowing for borrowing of up to $100.0 million. At June 30, 2008, the Company has borrowed approximately $21.5 million on this facility.

Richard L. Simons Elected President and Chief Executive Officer

The Board of Directors of the Company elected Richard L. Simons President and Chief Executive Officer, and appointed him a director of the Company effective May 22, 2008. Mr. Simons, age 52, worked for Hardinge Inc. for 22 years and served as Executive Vice President and Chief Financial Officer, with operational responsibility for its Asian companies when he left the Company in 2005. He served as a financial officer at Carpenter Technology Corporation for two and a half years before returning to Hardinge in March 2008.

Michael J. Hillock Leads Global Sales and Marketing Efforts

The Company also announced the appointment of Michael J. Hillock as Vice President of Sales and Marketing in June 2008. Mr. Hillock has more than 30 years of global sales experience, and has held senior level positions in the United States, the Asia Pacific Region and Europe. He is focused on enhancing the performance of the Company's European and Asian sales operations.

Conference Call

The Company will host a conference call at 11:00 AM Eastern Time today to discuss second quarter results. The call can be accessed live at 1-866-838- 2057, or via the internet at http://videonewswire.com/event.asp?id=50196. A recording of the call can be accessed from the "Investor Relations" section of the Company's website, http://www.hardinge.com/, where it will be posted for one year. A recording of the call can also be accessed approximately one hour after its completion by dialing 1-888-284-7564, and entering the reference number: 236498. This telephone recording will be available through the third quarter, ending September 30, 2008.

Hardinge is a global designer, manufacturer and distributor of machine tools, specializing in high-precision, computer controlled, material-cutting machines. The Company's products are distributed to most of the industrialized markets around the world and in 2007 approximately 66% of sales were from outside of North America. Hardinge has a very diverse international customer base and serves a wide variety of end-user markets. Along with metalworking manufacturers which make parts for a variety of industries, our customers include a wide range of end users in the aerospace, agricultural, transportation, basic consumer goods, communications and electronics, construction, defense, energy, pharmaceutical and medical equipment, and recreation industries, among others. The Company has manufacturing operations in the United States, Switzerland, Taiwan and China. Hardinge's common stock trades on NASDAQ Global Select Market under the symbol, "HDNG." For more information, please visit http://www.hardinge.com/.

This news 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). Such statements are based on management's current expectations that involve risks and uncertainties. Any statements that are not statements of historical fact or that are about future events may be deemed to be forward-looking statements. For example, words such as "may," "will," "should," "estimates," "predicts," "potential," "continue," "strategy," "believes," "anticipates," "plans," "expects," "intends," and similar expressions are intended to identify forward-looking statements. The company's actual results or outcomes and the timing of certain events may differ significantly from those discussed in any forward-looking statements. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contact: Edward Gaio Vice President and CFO (607) 378-4207 - Financial Tables Follow - Hardinge Inc. and Subsidiaries Consolidated Balance Sheets (In Thousands) June 30, December 31, 2008 2007 (Unaudited) Assets Current assets: Cash $14,301 $16,003 Accounts receivable, net 68,826 71,228 Notes receivable, net 702 1,555 Inventories, net 165,537 158,617 Deferred income tax 1,106 1,032 Prepaid expenses 10,123 8,573 Total current assets 260,595 257,008 Property, plant and equipment: Property, plant and equipment 188,114 180,427 Less accumulated depreciation 124,931 118,896 Net property, plant and equipment 63,183 61,531 Non-current assets: Notes receivable, net 1,391 1,847 Deferred income taxes 296 306 Other intangible assets 11,540 11,927 Goodwill 24,979 22,841 Other long-term assets 9,180 6,368 47,386 43,289 Total assets $371,164 $361,828 Hardinge Inc. and Subsidiaries Consolidated Balance Sheets - Continued (In Thousands, Except Share Data) June 30, December 31, 2008 2007 (Unaudited) Liabilities and shareholders' equity Current liabilities: Accounts payable $24,788 $27,266 Notes payable to bank - 2,801 Accrued expenses 31,128 26,873 Accrued income taxes 275 2,574 Deferred income taxes 2,525 2,375 Current portion of long-term debt 593 5,655 Total current liabilities 59,309 67,544 Other liabilities: Long-term debt 25,650 19,363 Accrued pension expense 5,851 8,145 Deferred income taxes 4,808 4,361 Accrued postretirement benefits 1,983 2,199 Accrued income taxes 1,406 1,054 Other liabilities 5,066 4,017 44,764 39,139 Shareholders' equity: Preferred stock, Series A, par value $.01 per share; Authorized 2,000,000; issued - none Common stock, $.01 par value: Authorized shares - 20,000,000; Issued shares - 12,472,992 at June 30, 2008 and December 31, 2007 125 125 Additional paid-in capital 115,152 114,971 Retained earnings 127,408 128,838 Treasury shares - 1,039,768 at June 30, 2008 and 993,076 shares at December 31, 2007 (13,603) (13,023) Accumulated other comprehensive income 38,009 24,234 Total shareholders' equity 267,091 255,145 Total liabilities and shareholders' equity $371,164 $361,828 HARDINGE INC. AND SUBSIDIARIES Consolidated Statements of Operations (In Thousands, Except Per Share Data) Three Months Ended Six Months Ended June 30, June 30, 2008 2007 2008 2007 (Unaudited)(Unaudited)(Unaudited)(Unaudited) Net sales $96,565 $89,710 $182,164 $176,676 Cost of sales 66,255 60,423 126,726 119,409 Gross profit 30,310 29,287 55,438 57,267 Selling, general and administrative expenses 27,963 21,367 51,464 40,992 Other expense (income) (68) (733) 1,956 (1,366) Income from operations 2,415 8,653 2,018 17,641 Interest expense 470 714 921 2,083 Interest (income) (143) (55) (183) (108) Income before income taxes 2,088 7,994 1,280 15,666 Income taxes 1,640 2,011 1,562 4,358 Net income (loss) $448 $5,983 $(282) $11,308 Per share data: Basic earnings (loss) per share: $0.04 $0.57 $(0.02) $1.19 Weighted average number of common shares outstanding (in thousands) 11,300 10,502 11,312 9,522 Diluted earnings (loss) per share: $0.04 $0.57 $(0.02) $1.18 Weighted average number of common shares outstanding (in thousands) 11,370 10,575 11,312 9,595 Cash dividends declared per share $0.05 $0.05 $0.10 $0.10 HARDINGE INC. AND SUBSIDIARIES Consolidated Statements of Cash Flows (In Thousands) Six Months Ended June 30, 2008 2007 (Unaudited) (Unaudited) Operating activities Net (loss) income $(282) $11,308 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 5,351 4,972 Provision for deferred income taxes 904 548 Gain on sale of asset (23) - Unrealized intercompany foreign currency transaction loss (gain) 1,673 (1,188) Changes in operating assets and liabilities: Accounts receivable 5,257 (491) Notes receivable 1,357 1,877 Inventories (561) (19,022) Prepaids/other assets (1,914) 1,092 Accounts payable (2,819) 512 Accrued expenses (5,296) 2,763 Accrued postretirement benefits (216) (215) Net cash provided by operating activities 3,431 2,156 Investing activities Capital expenditures (2,514) (1,524) Proceeds from sale of asset 60 - Purchase of Canadian entity net of cash acquired - (232) Net cash (used in) investing activities (2,454) (1,756) Financing activities (Decrease) in short-term notes payable to bank (2,800) (205) Increase (decrease) in long-term debt 910 (52,134) Net Proceeds from issuance of common stock - 55,946 Net (purchases) sales of treasury stock (589) 62 Dividends paid (1,148) (1,017) Net cash (used in) provided by financing activities (3,627) 2,652 Effect of exchange rate changes on cash 948 148 Net (decrease) increase in cash (1,702) 3,200 Cash at beginning of period 16,003 6,762 Cash at end of period $14,301 $9,962

Hardinge Inc.

CONTACT: Edward Gaio, Vice President and CFO of Hardinge Inc.,
+1-607-378-4207

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

HUGHES Telematics Signs Agreements with IBM and OracleGlobal leaders to deliver technology supporting a broad portfolio of connected vehicle services

ATLANTA, Aug. 7 /PRNewswire/ -- HUGHES Telematics today announced it has entered two agreements that enhance its already robust portfolio of global technology relationships. IBM and Oracle both will provide essential technological ingredients necessary to deliver HUGHES Telematics' consumer solution to its automotive partners and the drivers of their vehicles.

IBM has been working with HUGHES Telematics to build its telematics operations center, which is the hub of connectivity for all HUGHES Telematics-equipped vehicles. This milestone formalizes a long standing relationship between HUGHES Telematics and IBM and is the springboard for the implementation phase of HUGHES Telematics' systems in Mercedes-Benz and Chrysler vehicles.

"Telematics and vehicle ICT are moving from the conceptual phase to strategic execution," said Thilo Koslowski, Vice President Automotive at Gartner, Inc. "Partnerships between telematics providers and experienced IT leaders are a critical success factor in developing successful offerings and realizing the connected vehicle."

"IBM's significant experience and strength in developing world-class operational hubs will ensure that our customers will have an exceptional experience every time they connect with us, whether from behind the wheel or behind the keyboard," said Erik Goldman, president of HUGHES Telematics.

HUGHES Telematics also announced today that it has selected database and applications software from Oracle for its customer- and business-facing systems. The unique and proven combination of Oracle's leading database, middleware and applications will allow HUGHES Telematics to provide a standards-based adaptable platform for future services and deliver a continuously exceptional customer experience.

"IBM and Oracle are providing two vital elements in developing a telematics platform that is specifically engineered for integration with our automotive manufacturers' and dealers' EDI systems, specialized call centers and third party content providers. This unprecedented infrastructure is unmatched in its ability to dynamically provision and manage services. Our significant investment in this architecture demonstrates our commitment to a best of breed approach," Goldman said.

"The HUGHES Telematics project is a perfect fit for IBM's expertise in automotive CRM and telematics. The telematics operations center we develop with HUGHES Telematics will support both subscription-based and transactional services, automotive customer relationship management and third party service integration. By deploying a state of the art network with no legacy burden, HUGHES Telematics will be capable of service offerings not available in the market today," said Karen Newman, IBM Lead Automotive Industry Partner for the Americas.

"Oracle is pleased to have been selected as the application and technology software provider powering the HUGHES Telematics infrastructure," said David Bonnette, Group Vice President, North America CRM Sales. "Oracle's call center and customer billing applications, as well as our ERP and database software can provide a scalable solution that will meet the dynamic needs of the automotive market. We are excited to work with HUGHES Telematics and IBM to deliver this leading customer offer for the automobile industry."

HUGHES Telematics will begin rolling out its telematics solution in Mercedes-Benz USA and Chrysler LLC vehicles in 2009. The operations center is designed to support telematics services using third party vehicle solutions as well as HUGHES Telematics equipment.

About Hughes Telematics

HUGHES Telematics (http://www.hughestelematics.com/) is a leader in developing the next generation of telematics solutions. The company designs, engineers and manages vehicle- and driver-centric solutions to increase vehicle value, ownership experience, convenience, efficiency and safety and security. Headquartered in Atlanta, HUGHES Telematics offers a portfolio of proprietary consumer, manufacturer, fleet and dealer services designed to set industry standards for intelligent vehicle interaction and information exchange.

About IBM For further information, please visit http://www.ibm.com/ About Oracle

Oracle is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com/

HUGHES Telematics

CONTACT: Scott Merritt, +1-770-649-0880, Ext 302 Office,
+1-770-778-4786 Mobile, smerritt@brandwaregroup.com, for HUGHES Telematics; or
Jan Walbridge of IBM Media Relations, +1-203-430-9874, walbridge@us.ibm.com

Web site: http://www.hughestelematics.com/
http://www.ibm.com/
http://www.oracle.com/

Radio One's Interactive Unit Creates the Largest Online African-American CommunityInteractive One Network Includes NewsOne, TheUrbanDaily, HelloBeautiful and Black Planet

NEW YORK, Aug. 7 /PRNewswire/ -- Interactive One, LLC the digital connection for Black America and the new digital division of Radio One, Inc. , the largest African-American multimedia company, launches three new content-driven websites: NewsOne, TheUrbanDaily and HelloBeautiful. The three sites will join BlackPlanet, the premiere social networking site for African-Americans, acquired by Radio One earlier this year, making it the largest online media entity for African-Americans reaching more than 6 million unique visitors monthly. This announcement comes just a few weeks after Radio One announced the results of its "Black American Survey," the largest ever national survey of African-Americans. The survey showed that nearly 68% of African-Americans are now online compared with 71% of all Americans, proving that the digital divide is now closed. The study also shows that more than 16 million African-Americans are currently using broadband, a number that is projected to grow by 31% to 21 million by 2009.

"Interactive One is the largest and most comprehensive digital network for African-Americans," said Smokey D. Fontaine, Chief Content Officer, Interactive One. "Our family of targeted content sites and our social network enables users to find original and intelligent content tailored to African-American's interests and needs and to engage in conversation with the Black community online."

NewsOne.com provides up to the minute, comprehensive coverage of newsworthy events relevant to African-Americans across the country and the world. NewsOne features a combination of syndicated news agency content from trusted sources including the Associated Press, original news reporting from a nationwide stringer network focused on gathering authentic, local content and opinion blogs from some of the most provocative minds in Black America. The site provides its viewers with a rich, multimedia experience and an unprecedented level of interactivity that leverages the BlackPlanet social networking platform.

TheUrbanDaily.com serves as the eyes and ears for African-Americans looking for a one-stop, comprehensive destination for entertainment news, information, gossip and opinion and original celebrity interviews. Featured programming includes content on urban music, film, TV, fashion, style and pop culture. With an emphasis on rich media audio and visual experiences, TheUrbanDaily boasts access to the hottest stars and offers exclusive content distributed over all of Radio One's radio, television and print platforms. This new destination engages its audience with innovative interactive elements that take full advantage of Radio One's immense audience and makes good on the web's promise of great community-based content.

HelloBeautiful.com, currently in Beta, will celebrate the lives and style of African-American women with a dynamic daily mix of fashion, beauty, entertainment and relationship content. With up-to-date and engaging news, tips, tools and empowering lifestyle advice, HelloBeautiful will serve as an on-line gathering place for urban women looking for a daily online destination that they can trust and enjoy. Featured bloggers will drive conversation on topics from hair to make-up and celebrity styling, provide insight and access to top talent and foster Black women's ability to live life to its fullest.

"We are growing rich online experiences across our network of sites, serving the multitude of demographics within the African-American community," said Alfred C. Liggins III, CEO Radio One, Inc. "This is a critical and growing part of our media platform that reaches over 20 million African- Americans every month across radio, TV, print and online."

In April, Radio One's Interactive One unit acquired the social networking company, Community Connect Inc., a family of social-networking brands including BlackPlanet.com, MiGente.com, and AsianAve.com. Community Connect's leading social network, BlackPlanet, was launched in 1999 and has consistently attracted the largest online audience of African-Americans. The network draws in over 17 million members, with over 6 million monthly unique visitors and 400 million page views per month. BlackPlanet features member aggregated news, events, video, photo sharing and social networking, along with groups, forums, and blogs.

As part of the Interactive One family, BlackPlanet will be integrated into the social networking experience on all of the sites. Longtime BlackPlanet users will now benefit from access to the news, information, entertainment and style tips that the other sites detail while new users to any of the sites will discover an incredibly rich community.

ABOUT INTERACTIVE ONE

Interactive One was launched by Radio One in 2007 to complement Radio One's existing portfolio of media companies targeting the African-American community. Since its launch, Interactive One has quickly become the #1 online platform for a broad swath of the African-American community, serving more than 4 million users. Interactive One is powered by the mission to create an online community that engages and positively impacts upon the lives of African-Americans. Interactive One is composed of a variety of sites, including NewsOne.com, TheUrbanDaily.com, and HelloBeautiful.com, as well as the Community Connect Inc. family of social networking sites, which includes BlackPlanet.com.

ABOUT RADIO ONE

Radio One, Inc. (http://www.radio-one.com/) is one of the nation's largest radio broadcasting companies and the largest radio broadcasting company that primarily targets African-American and urban listeners. Radio One owns and/or operates 52 radio stations located in 16 urban markets in the United States. Radio One also owns Magazine One, which publishes Giant Magazine (http://www.giantmag.com/), interests in TV One (http://www.tvoneonline.com/), a cable/satellite network programming primarily to African-Americans, Reach Media (http://www.blackamericaweb.com/), owner of the Tom Joyner Morning Show and other businesses associated with Tom Joyner, and Interactive One. The company is led by Chairperson and Founder Catherine L. Hughes, and her son, Alfred Liggins, III, who is Chief Executive Officer and President.

Media Contacts: Eva Ross Dan Klores Communications 212-981-5218 Eva_ross@dkcnews.com Keesha Johnson Dan Klores Communications 212-981-5212 Keesha_johnson@dkcnews.com

Interactive One, LLC

CONTACT: Eva Ross, +1-212-981-5218, Eva_ross@dkcnews.com, or Keesha
Johnson, +1-212-981-5212, Keesha_johnson@dkcnews.com, both of Dan Klores
Communications

Web site: http://www.radio-one.com/
http://newsone.com/
http://theurbandaily.com/
http://www.hellobeautiful.com/

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